IMwhatIM, there is no major buyer. That's why the prices going down. No one to absorb. I think it will drop to 20c

Rip

@IMwhatIM, so u didn't sell a single WB warrant ?

Who in the right mind would pick kpower over solarvest

@IMwhatIM u didn't take any profits from your WB trade ?

IMwhatIM definitely dump his wb

When delisted .

Everyone dump wb

How high can we go

https://www.theedgemarkets.com/article/solarvest-bags-rm175m-contract-build-largest-solar-farm-perlis

Sold more than half of my stake in comfort. I am not sure about future quarter as many of the other glove compaines showing some signs of flat or downwards earnings. With the exception of hartalega

Total clown company

Is it just me or is solarvest 2026 warrents undervalued

The question about why don't borrow money from the bank? That's a good question. Because if you borrow, need to pay back by working harder. Sounds easier to just use investors money for free.

I lost respect for them already after previous QR. Now u can see it can only get worst from here.

If you think of it, company make so much money, but don't want to give dividend. Then also proceeds to use PP to raise money, literally using investor money to raise funds. Because now everyone get dilution of 10%. Who is the winner ? The management ofcorse. Pay them self a fee and get all the company money to use of potentially leasure things that can be unnecessary

Rubberex has the worst management I ever seen in gloves stocks

Comfort has the highest capacity among rubberex and careplus. Also they have the lowest PE currently. Rubberex and Careplus had private placement of 10% recently at a low price, which dosent seem good. My opinion is totally garbage for them to raise money via PP even when they have so much cash

________________

smyang11 Guys. Would you rate Ruberex or comfort better? In regards to attractiveness of share price?

Probably already priced in

Cut already. Garbage stock

Using TA is like playing chess, but syndicate playing checkers

People think that TA can actually work on brusa is quite next level. This market manipulated by IB and syndicate so easily because liquidity low

Anything is possible

Rip

Lau family dumping all the warrants

Not just that, covid itself is a problem. Previously the narrative is that the vaccine is a cure. But it's not. U still can get infected and spread it. On top of that the vaccine immunity can wear off. So the cycle will continue. Covid will probably not be fully irradicated until a few years time

But glove in mid term will be good. On average, supply can increase only about 30% per year. So as long as demand can increase 30% per year. There will be growth. ASP will truly drop only when supply more than demand. Many of those glove company CEOs keeps saying ASP will drop but profit margins have been rising. What is the truth ?

For every RM they have. They can easily loan 5-10x the amount

Cash is king

What's stopping any company from simply entering semi con is cash. If comfort know how to use the cash. Wouldn't be a problem to start get into semi con.

We will see. Time will tell. My speculation for comfort is fair value at about rm5-6. And if they use their cash to enter other business, such as EV or semi con. Rm10 in a few years wouldn't be unheard off

Comfort is among the tier 2 glove stocks that had the highest capacity.

Keyman188 I am ok with all the glove stocks. In terms of value, all of them are below fair value

On top of that. The reason why I chose comfort is, the valuations are insanely under valued. For example. The market cap is about 1B. Based on previous quarter, the PE is at about 1.7. so literally if they can able to earn 200M NP on average per quarter. They can buy the whole market cap in just 5 quarters which is insane.

I see companies with lots of cash as a company that is fully clothed. Anything hit, they are protected. Cash is king and cash can be used to enter any industry after this no problems. In contrast, I see companies with low cash balance, stagnant growth, low profit margin as companies with no cloths on. Anything hit, will easy get under their skin easy.

@Keyman188 over time, markets will one way or another become efficient. The price drops seems like a good arbitration opportunity. This is where value investors like me see value. I have no problem with the price dropping. I just buy more because I see value

If local IB don't want this value this company at fair value. Then it's fine. Foreign funds already getting wet looking at the valuations

Brusa not mature market. What I can see happening is foreign coming in to scoop up shares to make this market efficient. Because I really think this market is not efficient at all.

IMwhatIM, no need to try to goreng already lar please haha.

@IMwhatIM is just trying to goreng

Bye bye glove wannabe company

I have 2 issues with careplus. 1. Half of their supply is given to private company. 2. Cash balance is low compared to other gloves companies

Haiya. Only time will tell. Hopefully comfort will be justified. I am hoping for them to also brunch out into other business by leveraging on their cash pile.

Yes there are many public listed companies getting into gloves. But in reality many of them will fail and they know it. They just using it a reason to raise money. Do your research. All the announcement all load of crap. Most of them glove business won't take off. Mah sing is only exception because they have experience in manufacturing plastic products so they know how to source material, supply chain and all that , and property development help with factory building.

Name me a few companies that successfully have started running glove business since pendemic start. I bet u can't even name 5

Nothing goes up forever

PP again HAHAHHA! GOOD LUCK RIP

Rip

Not looking good. We might drop more sadly

Dannyfyl88 I couldn't agree more

Ok how about judging based on cash balance and also net assets