Stock market is all about choosing the right stock, have the holding power and have the patience..... then you stand to be a winner.

Comfort price is UNBELIEVABLY low. This stock is one of the best investments in Bursa.

Or else the restructuring exercise is deemed a failure which they cannot afford.

Comfort is aggressively buying up its shares last 45 mins from 2.60 to 2.69 now. They must win the war against the shorties.

If you have the spare cash and you can hold it until end of June ( which is only abt 60 days from now), just close your eyes and buy. The bonus issue in the form of free warrants will be completed by the 2nd quarter 2021. That was in the announcement.

I am pretty sure the next quarter results will be very good and that will help Comfort to push up the share price. With higher mother share price, Comfort can fix a higher conversion rate.

With higher conversion rate Comfort can raise more cash ( warrant holders have to pay more to convert to mother shares) from the restructuring exercise.

It is to the interest of Comfort to keep the share price high at least until the conversion rate is announced.

Looking at the trend, the next push will bring Comfort to RM3.80 to RM4.00 level.

The profit-taking you noticed last couple of days will not last long especially with foreign funds starting to buy back glove stocks.

Comfort jumped from 1.87 to 2.94 which is 57% in the last 4 weeks. At 2.70 it is still up 44%. The good prospects still intact. If you are medium-long term investors, i don't see why you need to worry so much. Profit-taking by some players are expected and of course the presence of some short sellers does not help.

When you are old and still smart, many would look up to you. Otherwise all the investors will look down on you. This can be a sad ending in this vicious market place.

He is a goner in the market place. Nothing can change that. I feel sorry for him. What to do when there are better people around. That is life!!

It will be green again soon, bros and sisters.

The rapid rise in Comfort share price scare the "hell out of the shorties". The shorties have to force it down to cover their positions and they have to get it done fast. It dropped from 3.04 to 2.78 in less than 40 mins and that is 8% down.

This is not Comfort's doing when they are trying their level best to keep the price high so that they can fix a higher conversion rate for the warrants.

If you know what you are in for, you should not be shaken by this.

I believe Comfort will try to keep today's closing price higher than yesterday's.

I don't see this as a correction.

They have lost their pants down already. That is the problem when they refused to believe the " so many clever people " in this chat room.

Like our old grandmas would say, " if you think you are clever do it your way". I remember this phrase vividly.

If remember correctly, research by Simply Wall St says that Comfort is the most volatile among all the glove counters. After closely watching this counter for the last 6 months, i tend to agree with them. Its an exciting counter for short term trading too. You can easily get free lunches and dinners from this counter.

Wow! RM3.01 now.

I bought some at 2.80, 2.82 and 2.85 last Friday and add more at 2.90 minutes ago. This is just for fun and to get free lunches and dinners.

Whatever they want to say about Comfort or the glove sector in general, there is only one direction that Comfort price is moving to....... UPWARDS.

All the negative things that come out of that uncle's, aunties' or JPM's mouths are nothing more than RUBBISH. Why bother to read them when you find more excitement in sex magazines?

I think everyone is getting too excited over its price rally. I would not be drawn into this euphoria because of the harm the shorties have inflicted on all glove counters incl Comfort. No matter what we say and feel here on its price prospects, there are many players who have been trapped at higher prices due to the shorting exercise which sent the prices to unusually low levels for quite a long period, 4 to 5 months? I foresee many who were stuck for a long time would want to liquidate their holdings as soon as they get their prices back. This means there will be profit-taking at certain intervals and this will slow down the price recovery..... unless Comfort can attract new investors who would not cash out so soon which means the profit-taking will not be so often and obvious.

This is just my personal view but i hope the market will prove me wrong so that i will be laughing my way to the bank much earlier!!

So if you " can see " and understand the volatility of the share movements AND you are a long term investor and believe in the prospects of the company, just buy. Sure you can sleep well.
On the other hand if you have to lose sleep over share investments, i would advise you to do something else.

They don't normally nibble like chickens. They will whack the whole lot like all the shares parked at one price. They normally have specific price range where they are authorised to buy and it is normal for them to buy over a few days. If they were to buy all in a day they are likely to push the price higher and their later purchases may be at higher price which will increase their overall average acquisition cost.

I strongly believe they buy upwards from RM2.72 to RM2.82 or RM2.85 today and end of the day they " whack" the price down so that tomorrow morning when they resume buying they are starting at a lower level. In a way they " forced " it down to lower the closing price so that tomorrow morning they resume buying at a lower price.

Everybody shld have peace of mind over this weekend.

We have good friends in the form of fund managers buying between RM2.72 and RM2.82 today If the shorties bash it down too much in the future these new friends of ours will buy ( and support) to average down. So the shorties are not able to cause much harm to Comfort prices for the next few months

The funds that bought today are not likely to sell out at until it goes up to at least RM3.80 where they can make abt 35% profit.

So everybody can now feel that things are going to get better until it hits the RM4 level.

Now RM2.88. It is moving fast and eating all the shorties' shares. More than 20 mil units done. On its way to RM3.00

Newkid may buy back soon if the conversion rate is likely to be RM3.30 to RM3.60, and if the conversion ratio is 1 for 1 cos the upside is easily another 25%

The syndicate is determined to push the price higher so that Comfort can fix a higher conversion price. Shorties will be slaughtered alive.
RM3.00 by tomorrow afternoon? Good chance.

Within 4 weeks Comfort moved from RM1.87 to a high of RM2.88 and that is up 54%. Some profit taking is expected for those who had the guts to buy it when it was low.

For those who have just bought or top up their holdings are not likely to be the sellers simply because it is still cheap at this price, PE of less than 5 based on prospective EPS of 62 cents ( my estimate).

No worries, be happy and have another exciting day in the market place.

The shorties are having hernia trying to keep Comfort price low. Very soon they will run out of bullets.

Just be patient, brothers and sisters, the price is going to shoot up soon.

Still no sign of the cockroaches today? They would be eaten alive if they come out of the closet.

Good chance it will hit RM2.90 by lunch time.

If the shorties are not around, Comfort could have easily hit RM2.90 by now. Anyway Comfort is going to win the battle, no matter what. That would be good cos that would mean the shorties will be out of money, if Comfort keeps rhe price high all the time.

The cockroaches could smell that it was going to turn green. That must be the reason for them to stay put in the closet.

Aggressive buying in the dying minutes. Close RM2.76. Hopefully they get more aggressive after lunch and most of us will be laughing all the way to the bank.

Enjoy your lunch, boys and girls.

Comfort made a remarkable recovery this morning, from 2.61 low to RM2.73.

This merely shows that many believe the price is still attractive at this level and they believe the upside is is good enough to take the risk.

The people who sold this morning are weak holders and short term players. If you are in for a longer term, this will be your winning stock.

Surprise that the cockroaches have not come out of the closet. Perhaps they have changed to green underwear. No more red ones.

It is in the interest of Comfort to keep the share price high so that they can justify a higher conversion rate ( warrant to mother share). With higher conversion rate, the company can raise more money from the conversion exercise.

I doubt Comfort will allow the shorties to come in and spoil the party.

I strongly believe the syndicate will help to push up the mother share price before they confirm the conversion rate.

On this basis, the price of Comfort shld continue to go up.

A nominee holds something in trust for the real owner. If the nominee has the right to trade or deal with the shares held in trust, it looks rather odd to me. Something is not quite here, i guess.

It looks like, for this round, the fund managers prefer to buy into the smaller glove counters incl Comfort rather than the top 4 counters. Its common sense, the smaller counters have more room for growth and in % terms the shares are likely to go higher.

Keep your Comfort shares and you will feel more comfortable.

It will be exciting for Comfort tomorrow morning:
(1) if there had been many short term players last few days, they are likely to contra off cos it has gone up quite significantly
(2) if the market believes that at RM2.76 it is still cheap considering the PE is still less than 5X, many will cramble to load it up. The drastic increase in infection cases all over the world would attract many investors to the glove sector.
I am cautiously optimistic about the sector's prospects and tend to believe that the counter will continue with its upward trend. Good chance it will hit RM3.00

Sleep well and we meet in the market place again tomorrow.

Do what you want to do and be what you want to be. Only the fittest will survive.

I bought some at RM2.73 late yesterday just to " see if my instinct was right on the share". It was a scary thing to do but its nice feeling if you get it right. Not a big quantity, its ok just for fun.

RM2.83 now. Shld hit RM3.00 by 5.00pm today.

Research houses are calling a buy on the top 4 glove counters and they left out COMFORT. I thought that is the silliest mistake they have made. They cannot see the writing on the wall. So blind. Its unreal.

Comfort is the hottest stuff in the market place now. You should thank God if you have already bought some.
Even at this price, it is a "sure" winner.

Comfort is on the go. Pile it up before it is too late

The run has just started. I m very sure Ah Chi and Ah Kow from places like Jinjang and Kepong wet markets have yet to chase up the glove share prices for this round. The run is only over when they have come , got themselves burnt and have left rhe market scene.

Anyway at this closing price of RM2.66, the PE multiple has gone up slightly to only 4.29X.
There is still alot of upside. If you have not bought or you have not bought enough just CLOSE YOUR EYES AND BUY.

For some who cannot see the attractiveness of low PE multiples, they off-load at RM2.30 or RM2.40. These are the people who will come back and buy at higher prices like RM2.85 to RMRM3.00.

To make good money the player needs to understand the numbers ( which change quite rapidly) and have confidence in the numbers they are acting on.

Interesting to see if there are many buyers scrambling to buy Comfort shares when the bell rings at 9.00am tomorrow.

There will always be weak holders or short term players selling when it has gone up quite a bit today. Long term players incl fund managers are not likely to sell at this price. The latter will not go away with 10% profit. They are looking at MINIMUM of 40-50% profit. Most fund managers will not invest in counters that are likely to appreciate less than 30% in 12 months.

In stock market investing, very often some people can get pig-headed after making some money and start making silly statements just to show off.
You think they are smart enough to be on their own all by themselves. The answer is: " no".

All long term and successful players need information to keep themselves well informed and " alive". Otherwise they will be " dead" in no time.

We must be grateful to have " like minded" people around us. Sharing of key info helps all of us to stay afloat and enjoy our time in the market place.

Now 2.43pm and its already RM2.69. What are the chances it hits the roof by 4.45pm. RM2.90?

Now dancing in the market with price at RM2.66.

Bot some at 2.45 early in the morning. Can contra later today and get free lunch and dinner. Haha! Good start to the day.

RM2.52 now. All the way to the bank today for most of us.

... exciting day...

It is nice to see many investors coming out of the woodwork to enquire about Comfort's restructuring. This will somehow entice them to pick up shares in Comfort.

Have another exciting with Comfort.

Comfort was the best performing glove counter yesterday and today. Hopefully it keeps the top spot tomorrow and Friday ( asking too much?)

The local fund managers would want to buy first if they read this note.

Many who dumped Comfort shares 3-4 months ago will scramble to buy back the shares. The free warrant has made the counter even more attractive.