Among all the glove manufacturers, Comfort has the best profit growth prospect which is the most powerful catalyst to move share price.

https://koonyewyin.com/2020/04/20/comfort-gloves-share-price-should-fly-relatively-faster/

After shake shake, later close unchanged

Aiyo dip so fast i couldn't get more

Ruberex running so fast 1.20 already....comfort follow....

Ruberex running so fears....

Paktua 1.06 thanks for your contribution lol

Maybe is Kenanga, i have rakuten. Usually when they give this kind of TP it will up few days later

I love supermax.....superich.....

If comfort can close at 1.13 then is good

1.20 is not new high, above 1.20 is new high

Stage is now set for a solid FY21 earnings growth amplified by re-stocking activities ramp-up due to the current pandemic and further boosted by better margins from higher ASP. On PER basis, it is trading at an unwarranted 50% discount compared to the historical 30% to its bigger market capitalized peers. We also raise our FY21E net profit by 8% and roll forward our valuation from CY20E to CY21E. Hence, TP is raised from RM2.00 to RM2.50 based on 21x CY21E EPS (at +1.5SD above 5- year historical forward mean). Reiterate OP.

Higher volume sales and ASP; longer delivery lead times. Longer delivery lead times are indicating that demand will outstrip supply at least over the medium-term. The initial Movement Control Order (MCO)-led supply chain hiccups have been resolved with the group’s production running at 100%. Additionally, industry is raising ASPs by 3-5% or between USD0.30 to USD0.50 per thousand pieces which is not excessive per unit cost due to incremental cost. We believe SUPERMX will benefit from the robust demand which has led to longer industry delivery lead times (the moment order was placed to delivery) which has risen to an average of between 80 to 100 days as compared to 40 to 50 days normally. Signs of demand outstripping supply could potentially lead to higher ASPs. Looking at the stable raw material prices, ceteris paribus, hikes in ASPs are expected to lead to margins expansion.

Acquired two pieces of land over the past 12 months. Looking ahead, growth beyond FY21 is underpinned by capacity expansion via two land acquisitions. SUPERMX recently acquired a piece of industrial land for RM20m measuring 4.1 acres while back in July 2019 the group had acquired a piece of land measuring 16.1 acres for RM65m. Both lands are adjacent to its current Maxter Plant in Klang the merged and enlarged land tract and subsequent expanded facility within the vicinity of its Maxter Plant should yield operational synergies and greater economies of scale. The 16.1 acres land is earmarked for plant 13,14 and 15 with an estimated capacity of 4.4b pieces for each plant over the next few years. The 4.1 acres land is slated for one plant with an estimated capacity of 4.7b pieces per annum.

Outlook. Plant 12 consists of Block A and Block B, each consisting of 8 double former lines with 2.2b pieces each (total 4.4b pieces). As of now, for Block A, its remaining 3 lines started commissioning in end March 2020 on top of the 5 lines already in commercial production. For Block B, all 8 lines are expected to be fully commissioned by 2H 2020. Upon full commercial production by 2H 2020, installed capacity will rise 13.4% to 26.2b pieces per annum.

Raised FY21E net profit by 8% after raising utilisation rate from 70% to 79%. We keep our FY20E earning unchanged as we have sufficiently factored the growth into our earnings model.

Tickets are not enough, slowly accumulate. They can't simply break 1.06 as many ppl will take profit all even buy higher. See which one they want to go for

Pecah 2.00

down then just short, now cannot short just buy long lo...that's simple...

Sochai, we bought in Dec 19 already

Jack Khan, thanks for your contribution. Well said

Aiyoyo got sour grape here, i have all big four counters and now follow the ride join comfort boat and make more money only that already proven. If u cannot join back the boat dun come here and cry. So sour....

Patrick 8 u r right, only supermax and comfort are so cheap now

Do u know what? Lady gaga live concert just now did show some supermarket. Those cashiers wearing nitrile gloves. Think yourself.

Break one support is enough if those know what I'm talking

Today cannot cross RM2 if not mata tangkap u haha

stay at 1.95 ok...

Many ppl change the q from 2 to 1.99

Lai Liao....want to hit 2

DJ future still standing at 800+, trumpet magic...

Comfort still no actions today is a good sign

JN88 so stubborn haha

He pump Ron 100 coz petrol cheap that's y can move like lambo

Later comfort will follow supermax

No TA... Just buy.... And go up to the rocket

Wow 2 confirmed now

Really break new high today, well done

No show today

omg probability is here

Yo...new high today can be achieved?

even pang72 also here already, tmr hoysei...

What I mean dun want to wait for May to breakout new high... Aiyoyo... Bull balls r right 5 = fast lol

They want to give dividends again using shares? Lai.... Faster break out, May is not a good mth hehe

Yes no point for them to push just now as after 4pm+ sure sell down

4pm profit taking lai liao

stagnant at 1.90 already for long Rf8888, u still dun understand? no need to scratch your head

congrats to those who bought rubberex

Pang72 which one r u talking? Can share? One alphabet i will know whom?

Yes grandma also can't recognize

i see the transactions, at 1.90 heavy buy...u all pandai pandai

dun simply say, no double top for comfort

Rf888, pandai...

Yes no doubt ruberex up 21 cents, but PE too high and higher than supermax. u think yourself

GTMS u r funny, today already hit RM1 u r still denial