Consolidating trend...!!!

Upswinging again...｡◕‿◕｡

https://edition.cnn.com/2020/07/14/investing/delta-losses/index.html

Mati lagi...!!!

KUALA LUMPUR: Acute supply and supernormal demand of rubber gloves could persist over the next two years, Kenanga Research said.

Its analyst Raymond Choo Ping Khoon said glove makers had received orders for new users including airlines, restaurants, retail apparel chains and hotel operators.

"If we look at the capacity expansion numbers in isolation, it looks overwhelming. Juxtaposed against the annual demand growth and new pandemic-led demand, the additional capacity is not a concern," Choo said in a report today.

He said the estimated new yearly capacity may not actually start as scheduled and hence the supply shortage will continue to be acute in 2021.

Choo said on average, two to three plants were required annually for glove makers to meet the supernormal demand, which take between 12 and 24 months to complete.

"We conclude that the average selling price (ASP) tightness will continue going into 2021. We highlight that rumours of a player in China ramping up capacity by 30 billion pieces over two to three years appears absurd which typically takes eight to 10 years to build," he said.

Hold for 200 days...!!!

xuxu today got ppl happy, got ppl sad. those bought today almost 80% are gambler.

Hahaha...Bursa...@80% are in these zero sum games...Bull-head you win...Bull-tail you lose...!!!

Yup...sold some...@0.68...!!!

xuxu @geary big 4 collection affect to comfort

Yup...my other counters interrelated to health are Ocncash n Bcmall...both limit up...hehehe...!!!

xuxu 4.2-4.7 not much meat leave already

Present stretch of price Volatility...yup...but the next after retracing...there are different price Volatility or movements...so it's very difficult to assume that's what it takes at present to decide the future price movement or volatility...!!!

CoronaComment whats the tp?
14/07/2020 2:56 PM

No ideas...,,(. ❛ ᴗ ❛.)

Baby Shark Really lucky sold 4.29..

Sold partially...◉‿◉

Baby Shark Hahaha.. I want go play bedminton..
14/07/2020 2:47 PM

I took unpaid leave go for one week... hehehe...｡◕‿◕｡

xuxu @geary you are here, comfort is the MUST buy stock now. AA you sold already ??
14/07/2020 2:46 PM

Already bought last 4th week of June...AA my average was below @0.65...Just hold...!!!

genghis so those who talk bad about comfort,now comfort angry already..
14/07/2020 2:40 PM

What a transformation... Transformers fight back...(✷‿✷)

genghis so those who talk bad about comfort,now comfort angry already..
14/07/2020 2:40 PM

Hahaha... hahaha... hahaha...laugh die me...broken English right... hehehe...◉‿◉｡◕‿◕｡ʘ‿ʘ

newbie0718 powerful now....break resistance 4 easily
14/07/2020 2:32 PM

Chance it will break its past resistance...@4.22...then slight retracement... then...uptrend again...forming another uptrending tea cup...｡◕‿◕｡

Based on my above calculation, I agree with RHB OSK Comfort target price of Rm 4.80.

Oh...That's was also my own calculated conservative target price...◉‿◉

myongcc5 If EPS 6s/Q, PE20=4.8
Very Conservative during tis glove bull!!!
7 is there, matter of time

Yup...｡◕‿◕｡

Baby Shark 10 dollars I also no sell.. hehe
14/07/2020 12:25 PM

Need to sell partially...to have more margin of safety...ʘ‿ʘ

Fortunately, I was borned without balls..

No wonder I'm still here :)

Meow

Zzzzzzxxxxccx.......


Mabel got no balls??

Mabel has balls of steel!!!
14/07/2020 12:28 PM

Just makan siok siok...see this post also laugh die me...perfect storm or price volatility is the perfect time to buy, trade n invest...too much FA n numbers...will backfire...one n only AA in Bursa market...she will fight the storms n survive...｡◕‿◕｡ʘ‿ʘ(◠‿◕)

Underhand Steadily up better
14/07/2020 11:37 AM

Yup...!!!

ronnanua koowakzai lol you think this is bus company ah lol and whats ur attention actually ?
14/07/2020 12:19 PM

Just guessing the right price...but did shareholders agreed...Anyway human nature lah...if suddenly...@0.40...many also no balls to buy...going bankrupt...wait for...@0.10...AA Budget Brand...market Value is...@0.01...makan time...!!!

myongcc5 Just hold... I hv been holding weeks ago. 7 is achievable given the price disparity among others. Forward PE still low compares to others
Market will achieve efficiency in longer run.
All the best
14/07/2020 12:05 PM

Yuppie...!!!

Mabel @ronnanua WHEN BAD MOMENT ALL SELL ...WHEN ROCKETING ALL HAPPY ..FAKE PEOPLE ..BAD NEWS ABIT ALL SELL ...LOL BALLS NOT STRONG AH? WHY SUCH A BAD ATTITUDE DARE LA SEE RED ABIT WHY SCARED
14/07/2020 11:06 AM

Touché ronnanua!

Fortunately, I was borned without balls..

No wonder I'm still here :)

Meow
14/07/2020 11:48 AM

Hahaha...laugh die me...(θ‿θ)ʘ‿ʘ｡◕‿◕｡
Why must analyse n explain to those without Balls...(✷‿✷)

geary The reason I bought more... Comfort Gloves...I think still haven't priced in yet...!!!
13/07/2020 8:11 PM

Hahaha...◉‿◉ʘ‿ʘ｡◕‿◕｡

tuapuikia After glove, next will be ocncash

Top 4 gloves up...now related counters n smaller gloves counters... hehehe...,｡◕‿◕｡

strattegist aiyoooooo

Alamak..mati lah...AA...limit down...0.48...!!!

AllYouCanBuy Despite all the bad news around the globe, the DJI Futures rises.

2morrow...Upswing...!!!???

chtan33 comfort can easily sell to india, indon, brazil etc at higher ASP. it not necessarily compete with the big 4...

Some of those countries don't have the buying power...and they don't care much about health issues...so the demand is only for certain organisation...not everywhere...!!!

Stockhunter88 IB making you guys lost confident on this stock, will uturn soon

Stock market psychology mah... can't blame them...they earn an income...they want a good window dressing...year end...so we need to understand some tradings psychology... that's why EQ is more important than IQ...in trading or investing in stock...◉‿◉

BATFLY Need to understand why comfort share dropped.. Maybe overpriced!!!

Overpriced not really if you look into its sales, profit margin n EPS growth...just take @50% average 3 years growth...then the next fiscal year the PE multiply is just 25x...or lower...growth stock where got sell at PE 10...too conservative...auditors standard lah...!!! Of course its growth has certain time period. Oversupply will happen n ASP margins will decline...Now I don't think so...still demand higher than supply...!!!

Today bought at average 3.55, hope share price can U-turn and get me some profit!

Gloves counters I think power rangers lah...they can stay around 3 to 4 weeks in overbought position...n never limit down into oversold position...so you need some TA judgement when is the right price to buy...within that period... that's 50, 100 or 200 days SMA...!!!

Patience needed...@4.00 no problem...if market trends still positively aligned...!!!

Ha...Supermax n Hartalega...already priced in...TopGlove almost there...Kossan maybe still have some uptrend...!!!

The reason I bought more... Comfort Gloves...I think still haven't priced in yet...!!!
https://www.express.co.uk/news/world/1307599/china-disease-news-coronavirus-death-cases-latest-Kazakhstan

Apple391 I believe after all the supermax party they will come back to uncle comfort pub to relax. So chill.

Hopefully...if comparing both PE you should know what the price of comfort...such crazy PE multiply...!!!

Apple391 Geary. Fundamental alone does ot work. U are not warren buffett who can wait 5 to 10 years return. U need to look at investor emotion as well. I agree with broke college student. For me I spread my investments.

Yup it depends on your capital allocation...some for long term...some for swing trading...n some free cash...but don't over diversify your portfolios...be more focus...But for Bursa companies very hard to find reasonable n long term investment at present. You can try to find some with average EPS n dividend growth...but the Price must start from above at least 10% DY...n increase conservatively year on year. No point buying companies with decreasing EPS n dividend, the market value will drop accordingly.

chaisoonkon pls all don worry, comfort go go go / rm4.90 no problem

Rationally comfort n supermax...EPS...7c n 10c...so how come supermax @15+...comfort only 3.45...so the upside which one is better...because the name wow...supermaxxx...looking asymmetrically of course comfort has better % of return...!!!

nomadiclife Bought at 2.9 sold at 3.47! Thanks comfort! And bye

Wow good swing trading...my target...@4.80...!!!

mf run

Yup...all run...bankruptcy coming...but I Q at...@0.48...!!!

KAQ4468 kasi tinggal tulang

Tulang also makan by hyenas...!!!

Received quite consistent order from US even though only comprise of 21% of Comfort key market.

Wow...you work in seaports logistics...good demand more than supplies can cope...24hrs shifts in think...!!!

infinity888 imagine if the next qr came out

Sure Bankrupt...!!!

JC1425 Slim chances that top 4 decline and comfort plunges. This will never happen rasionally

Market trends wise still okay to hold...demand still outstrip supply...take times for those competitors to challenge...gloves not easy to manufacture...PPE n masks much easier...!!!

Added...Average...@<3.00...!!!

Jokers2020 resistance at 3.46/47...huh

A bit lower can try to add...!!!

xuxu @ geary wow bought at 0.68, are you still holding ?

When you win people feel jealous...when you lose people laugh at you...standard human nature mah...what to do...sleep first...2morrow...upswing again...hehehe...!!!

For your pleasure n everyone here...Gloves will be over...then Airlines will pick up...!!!

It's a matter of timing only...too many going into Gloves n PPE manufacturing....Oversupply will happen when Covid19 is endemic...AA will not be this price...@<0.80...still have at least 100%...Return in within 1 year...!!!...Disclaimer: Not for those who aren't pychologically prepared...!!!

DickyMe Emotionally unstable?

LOL..who me?

Look into the mirror and your scribbling all over i3.
It speaks volume of your psychological intent of trying to portray as a smart ass.
12/07/2020 8:38 PM

Nobody force you to read n analyse whatever I wrote or other articles...if you don't believe AA can turnaround...so I have my human right...you have yours...just do what you think is okay...I do mine own research...if you think I am cheating some newbies...then you should ask yourself...why you kaypo...non of your business anyway.

DickyMe Hahahaha...stupid fellow jumping to unrelated matters like monkey hopping from tree to tree.

Emotionally unstable...That’s why every forum he goes talk about stupidity n monkey...!!!

For your pleasure n everyone here...Gloves will be over...then Airlines will pick up...!!!

https://youtu.be/fRemgVO_458

DickyMe HAhaha...stupid fellow with stupid comment

OMG...What a blessing... $$$...coming my way...Stupidity brings lot of luck...hehehe...!!!

For your pleasure...!!!

https://youtu.be/BWo5_fDh8BE

DickyMe Currently, angmoh fair better than Asians.

So go n live among those angmoh...don't stay in Malaysia...no point talking these...waste my time...I go jogging better... hehehe...!!!