It looks like August is going to be a good month for Comfort Gloves. If you are in it, you gonna win it!

You are spot on, BrusaCasino.

Comfort performed reasonably well this week, especially today. Keep it up.

This counter did very well today.

So I have free lunches and dinners this weekend. WB back to 57 cents again. Haha! It moved so fast!

No matter what, I still have the gut feelings and confident that the shares will still move up once every qtr. That is good enough. I can live with that.

Somehow I believe some big foreign research houses will someday see value in Comfort like how you and I see it.

What to do? If the company has no PR skills then they have to wait for investors/research houses to discover them instead of them reaching put to the investors/research houses. Of course if you have to wait for someone to come to you, it will be slower.

I guess the company needs people like you and me to push the share prices up!! What say you, Danny?

At this level I don't see how the price can drop any further.

Afif. The culprit was JPM. They spoiled the party by short-selling the glove counters. Many others followed them. Maybe the mgt lack the skills to " market " their shares or I shld say most of the operators of the 2nd tier glove counters lack that skills. I can only say they lack the ability to get the message to the investors.

Comfort's PE multiple of less than 3 is unrealistically low. You will never find another sector with such low PE Multiple. To me it is an opportunity to make big money on the shares of a good company. On a relative basis Comfort is the best in the glove sector.

From my years of investing in warrants, I believe a premium of 10% to 15% is not unreasonable.

Many believe the fair value of Comfort mother share is around RM3.25. On that basis the WB shld be about RM1.30, an upside of abt 140%, whereas the mother share has 75% upside. This is based on current prices.

Please be reminded that valuation of shares and warrants is very subjective. And there is no one method of valuation.

I believe this counter will move anytime before end of Aug. So it won't be long before most of us will be laughing all the way to the bank again.

Any idea when the 2nd qtr will be announced. I know it is anytime in Aug.

But one has to know what risk he is taking. One must be able to "feel the WB well" before making the decision. Its high risk but high return kind of thing to decide.

Thanks, Danny. I strongly believe that switching some from mother share to WB even at this price, one can get their money back ( or make profit) much faster.

Can't believe it shot up to 56.5 cents within 20 mins. Free lunches if the price stays.

I just bought some of the WB at 53.5 cents. Hopefully I can get free lunch and dinner for today and over the weekends. Stock market investment is just my hobby.

It is normal for most well run companies to have their share prices bashed down from time to time and pushed up at other times. The reason is that the business operators also want to make money out of share trading apart from making money from the business operations where the profits are distributed as dividends.

Share trading tend to give them bigger gains compared to their profits from operations.

In share trading these traders including those managing the treasury shares would want to buy at low prices and sell at high prices

So, like today, when the market sentiments are weak, these traders are the likely buyers of the shares which have been thrown down by weak holders.

Once the traders have bought enough of the shares at low prices then they will want to sell the shares at higher prices when the market sentiments improved.

This will go on whole year round. They buy low and sell high. This makes the share prices volatile throughout the year and at some point we get to sell ours too at a profit.

Of course there are some who are not skilful enough and ended up buying at high prices and, later on , the share prices do not come up high enough for them to dispose at a profit. These unskilled investors may have to wait longer to get better prices.

For the many who did not buy at high prices, I don't see much problem in them disposing at a profit when the shares start to run again.

If I remember correctly Comfort shares move twice in the 1st 1/2 of this year. 1st round from RM1.87 to RM2.34 within a week. The 2nd round was from abt RM2.10 to RM3.04 within 2-3 weeks.

I believe, on average, it will move once every qtr. The next one shld be anytime now.

Don't lose hope. The price will come up again.
Just sit back and sip your coffee for the time being.

In a weak market like this only those who know the number and understand them are willing to collect the stocks at such low prices. Its a bargain that does not come everyday.

If this news is a lie, please ignore it and read something else.

If you know what you are buying into, what and how the IBs and analysts write about this news should not count at all.

I very much doubt this piece of news makes any difference to the IBs and analysts. They may not see the relevance of this news until it is translated into dollars and cents 2 years later. Haha!

British govt going to spend £6 billion worth of medical gloves next 2 years with the tender closing end of August. Sure a bulk of the supply will come from Malaysia and hopefully Comfort gets a portion of the cake. The big suppliers likely to be out of running due to suspicion of " forced labour" issue.

The order book is full for the rest of 2021 and the whole of 2022. Comfort is busy coping with the production and also happily "printing money" with their massive profits they are generating.

All we need to see is one big foreign research house calling a buy on Comfort and its price will fly like water from a burst pipe.

Mark my word...... the day will come, anytime now.

For the brave investors, getting into Comfort at this level is probably the best opportunity to make the first million RM. I strongly believe it won't be long before investors in general get back their senses and see Comfort in a proper light.

I see this as a window of opportunity which probably comes once in a blue moon. The next one is only likely to be in the next major crisis.

The decline in ASPS is not a big issue when there is significant increase in production capacity to cater for bigger volume of sales over the next 2 years. With this scenario, we will continue to see increase in the level of net profits for the next two years in the glove sector. Is this a bad thing?

Comfort Gloves will definitely not disappoint its shareholders like what we have seen over the last 18 months.

Only investors with brains can easily see this. IBs and analysts find it difficult to visualise this. Alamak!!

There will come a time when one of the big buyers who has been collecting at low prices will start to push it up to sell. This comes in cycles, maybe once every 3 months? So those with holding power can afford to sit around and wait for it to happen.

Mother share oversold but support seemed to be RM1.86/RM1.87 like previous couple of rounds.

For a company like Comfort with remarkable performance, selling down of its share from time to time should not be a big issue. I see this as something quite normal. Coming off 6.7% is not a big deal. I don't see this as a " crash". One shld ask who are the buyers of the shares today? It is logical to assume that the buyers are the ones who understand Comfort's business and can see the prospects of the share price coming up again. That is the only reason for the shares to be bought up by those interested parties today.

I strongly believe Comfort Gloves can easily come back to at least RM2.30 to RM2.50 in a not too distant future.

Of course have you diversified a bit by buying some of WB, you would have made some to offset the paper loss on the mother shares.

For a good company like Comfort, the prices of both the mother share and WB should go much higher. The writing is all on the wall.

If the price of mother share goes up, WB price is not likely to come off. If you have both the mother and WB then you can buy whichever is undervalued and sell whichever is overvalued. If you have both you will be happily busy the whole day!!

Of course nothing is sure here. Sometimes we step on some shit If luck is not with us. Well, that is life. Sometimes you win and sometimes you lose. Try to win more than you lose and you will be alright.

Wow! Strong start for WB. 74 cents now!

Looks like all glove counters will run up tomorrow and Comfort WB likely to limit up at RM0.92?

What we saw on the Comfort mother share and WB price movements is a clear example of the need to diversify your portfolio to spread out the risk you are taking in portfolio management. Many investors believe that the mother share price MUST move up first before the baby share ( WB). As we can see many were disappointed that WB has moved so much ( in % terms) but the mother price is still down there.

I am very sure many believe that the mother share is undervalued. And because the mother share price is undervalued, the premium on the WB appeared to be excessive and its price looked expensive. For this very reason, many were not willing to pick up WB at this price.

Comfort Gloves with its full order book and strong cash flow position, its undervalued share price will not stay at that low level for long. The market forces will definitely push up the price to a more reasonable level like minimum of RM3.00 to RM3.50. At this more reasonable level, the current WB price of 71 cents is still a " steal".

For those who could see the picture from this angle would have happily mopped up the WB when it was trading at 40 to 60 cents.

Many in this chat room feel that the fair value of the mother share is RM5 to RM6. If you strongly believe that then 71 cents is a rare bargain.

With mother and WB in your basket, you would have diversified your portfolio and you can comfortably sit back and sip your coffee and let the market decide which one to move up first; the mother or the WB, knowing very well that both prices will have to move up. Its only a question of when.

Have a pleasant weekend and let us meet up again at 9.00am sharp on Monday.

When the mother share price hits RM3.00, my estimate is that WB price will be around RM1.00, an upside of abt 27 cents from 73 cents now or 37%
Are you convinced that it will go that high.

I was lucky to have switched 50% of my Comfort mother share to WB. The mother share price up 13% but WB up 88%.

Everybody in this chat room is laughing all the way to the bank now.

BrusaCasino, life is all about living your day to the fullest and not to worry about tomorrow. Indulge in things which are interesting, exciting and motivating and you definitely live your life to the fullest.

Hanna20: investing in the stock market is my hobby and my passion. I love to share my little knowledge on certain stocks which I have interest in with people around me. Hope it is helpful to those who read my postings. Being a " jobless" man, I am fulltime on share market investment and landscape photography.

I was quite lucky with WB this morning. Bought more WB @ 60 cents and contra it off @ 66 cents . Good enough to pay for my lunch and dinner today.

It would be nice if it comes back to 60 cents and I shall buy back.

Comfort is a real fun counter. I am sure many of us here are happy with the way the prices have been moving, particularly WB.

Wow! Comfort WB is the darling among the glove counters. Has just hit 68 cents.

BrusaCasino is on the same page as me.

There is a saying that, " if you want to make good money, you have to be different". If you just follow the crowd, you will not make it big, especially in the stock market.

For a fundamentally sound company like Comfort Gloves, at today's prices it is still very much undervalued.

If you have not bought enough, it is still OK to buy more. There is still a lot of upside.

Many are very much influenced by the negative reports by IBs. All IBs have herd mentally. When a research house like JPM comes out with a negative report on glove sector, virtually all the local IBs blindly follow JPM.

If you keep believing in them then you will miss the opportunity of buying at these depressed prices. Most of the time IBs make the wrong call. Do you honestly believe that their research analysts are better than most of us? I very much doubt so.

I believe most of us here are more knowledgeable than them. Honestly, I wouldn't want any of my grandchildren to work for IBs. Youngsters will never learn to think for themselves if they are trained by IBs.

Comfort has started to run up again.

Hope not many sold of their holdings, particularly the WB

" laugh me die"? I like the way it is written. Keep it that way to entertain all and sundry.

The group who does not want it to go up yet is simply because they have not bought enough. They are trying to suppress the price and hope to buy at low prices. Once they have finished buying what they wanted they surely want to push the price up to sell. My advice is if you have not bought enough you better get them now. Things are going to move very fast from now on.

After shooting up by abt 23% yesterday, the price rise is expected to pause for a while. It is good opportunity to buy more if you have not bought enough. The mother will go beyond the RM2.30 conversion price. You can imagine how much more WB will go further up. The picture is so CLEAR. Make a guess and work on it!

WB up 21% from ladt night closing.

Those who switched from mother to WB yesterday, the WB value wld have gone up 13% compared to 6% had they kept the mother share.

Comfort has clearly made a u-turn and is on the way up again, after such a long wait.