May propose for privatization at RM1.60 per ordinary share?

Other investments : RM88.62 million
Cash & cash equivalent: RM75.78 million
reserves :RM120.78 million
No borrowings
Cash on hand stands at RM0.82 (excluding one off provision on power generation business)
Still feel save to invest due to cash rich company with zero debts

PERatio: 168.57 times means have to wait 168 years to recover back your investment at the current price of RM1.05

Industry condition continues to be challenging and the Group's current performance is reflection og the prolonged low levels of capital spending within the industry

The Group anticipates the challenging environment to persist in the short and medium term

Share of loss on disposal of vessel from SapuraAcergy amount RM461,1 million

Quarter on Quarter down 1048.62% and Year on Year down 273.61%
Very serious result and cut loss as soon as possible!

Loss RM275 million after tax for the third quarter of 2017

Be cautious due to very high in trade and other receivables of RM45 miilion

Cut loss average price at 0.973 this morning

Worth to accumulate at the current price of 70 cents
The fourth quarter report expect to hit the historical record!
Target Price RM0.88
Long Term RM1.20-RM1.40

Hopefully COMFORT may propose 10 cents dividend to reward all stakeholders very soon better than RUBEREX only 1 cent of dividend

This Director and management team cannot be trusted
One of the good example is Nakamichi(7002) to become PN17 and who is the MD of this company? You guess

Keep on accumulate and next target price 0.78
Long term expect to reach 1.20

Materials Change in Profit Before Taxation of Current Quarter in Comparison with Previous Financial Quarter's results:

The Group's recorded an increase of 5.3% in revenue to RM23.299 million compared previous quarter of RM22.119 million and increase of RM0.840 million in profit before taxation .The increase in profit before tax was mainly due to higher revenue in felt division and hygiene division and provision for foreign exchange

Prospect for year 2017

Barring unforeseen circumstances,the Directors anticipate the Group's performance for the financial year 2017 to be better than the financial year 2016

Review of Performance For the Current Financial Quarter and Financial Year-to -date:
The Group's revenue increased by 12,9% to RM23.299 million quarter-on-quarter basis mainly due to increase in sales in hygiene division in Malaysia,Japan and Thailand.On year on year basis,the Group's revenue increased by 11.8% to RM67.343 million,mainly due to increase in sales in hygiene division in Malaysia and Japan,and also increase in sales in felts division in Philipines and Thailand.
The Group's recorded a decrease of RM0.085 million in net profit on quarter-on-quarter basis,mainly attributed to weakening of Indonesia rupiah and the drop in sales in felt division
On year-on-year basis,the Group's recorded an increase of RM0.582 million in net profit,due to increase in revenue in felt division and hygiene division

Declared Single Tier Interim Dividend of RM0.008 per ordinary share in respect of the financial year ending 31 Dec 2017
Ex-Date: 08 Dec 2017
Payment Date: 29 Dec 2017

Riko,don't talk too much,keep on buying

Don't worry,keep on accumulate

Don't Worry!Be Happy! Still move uptrend

Keep on buying and target price 2.00

Hit to limit down anytime

The game is over

Take profit
Overvalue and overbought

Comfort(2127)
Net Tangible Asset :RM0.40
Earning Per Share : RM0.063
PERatio : 15 times
Current Price :RM0.995

Ruberex(7803)
Net Tangible Asset :RM1.05
Earning Per Share : RM0.075
PERatio : 10 times,the lowest PERatio amongst all glove companies
Current Price :RM0.775

If Ruberex(7803) PERatio goes to 15 times as same as Comfort currently,then its share price should be worth RM1.14

Compare to two different companies,which one is cheaper?
I think the share price of Ruberex is more cheaper than Comfort

I think 1 billion acquisition should be worth more than 3.00 per share

Extremely strong rumours that Topglove will takeover Ruberex's rubber gloves business both in Huizhou Guanddong,China and Malaysia

Extremely strong rumours that Topglove will take Ruberex's rubber gloves business in Huizhou Guanndong,China and Malaysia

Upgrade to "BUY"
TP RM6.50

Keep on accumulate
TP4.00

TP 4.00

may propose for rights issue together with warrants

Key Milestones of The Group:
2014: Acquired a new land in Cikarang,Indonesia for the expansion of PT.Oceancash Felts

2015:- Completion of new factory in Cikarang,Indonesia
-Acquired second felts production machines in Indonesia
-Upgrade nonwoven production machine No.2

2016:- The spooling machines which was purchased and installed in 2016 is ready for production.
This machine will enhance our production capability of premium grade nonwoven products
and help to meet requirements of the diapers and personal care manufactures' expansion
and improved productivity plans

2017:- The sales orders for spooled nonwoven cloth from new and exiting customers are expected
to come in during second half 2017

:- The Group expect Nonwoven and Felts divisions to contribute positively to the performance of the Group in 2017

One of 30 largest holders of shares as shown below

RHB Capital Nominess (Tempatan Sdn Bhd)
Pledge Securities Account for Fong Siling
No. of shares held:1,400,000

Cartaban Nominess (Tempatan) Sdn Bhd
Icapital.Biz.Berhad for Tang Teng Boo
No.of shares held: 2,230,000

First and Final Dividend of 5 cents per ordinary share will be announced on 26 October 2017 this month

Over price
Might propose for right issue again

Very soon to become PN17

Better take profit before the market collapse further more

Why market collapse

Notice of person ceasing
Name: Greed Asia Development(M) Sdn Bhd
Ceased Reason: Disposal of the share through open market transaction

How long this substantial shareholder is going to trim down the stake?
Nobody will get the answer right away
Possibility may continue to swing toward south and touch below RM1.00 in the near term

Be cautious when trade with this stock right now

Share of IWCITY fell 7% in active trade this afternoon after its substantial shareholder Greed Asia Development (M) Sdn Bhd has trimmed its stake to 5.26% from 6.88% previously,after disposing of 12.6 million share last week
It may continue to trim down its stake to below 5% this week

Reserves -RM80 million
Short term borrowing-RM125 million
Trade and other payables-RM496 million

do no waist your time,sell as fast as possible

Keep on selling,do not chase

target price 0.88

Sell as fast as you can
May coming down this afternoon

Do not get trap for the funny counter

Ist quarter of 2017 loss RM54 million