Comfort chart will be similar to masteel with the volume building up

https://klse.i3investor.com/servlets/stk/chart/5098.jsp

sell to me
I'm buying

ya trap people one this comfort. don't buy.

better dont promote too much on comfort. better I buy quietly on this comfort. afterward people taught I con man

comfort small cili padi company. can easily growth faster compare the other big boys

boss said he want to make comfort to have market cap 1 billion before he retired and let his son to take care

uptrend loh. what are u waiting ? buy-lah.

revenue pe 55 also got peole buy
this one pe 13 only. cheong loh

1.00 coming loh

keong kan low

hip hooray hip hooray

hip hip hip

hooray hooray hooray

hip hip hooray

today goreng only warm-up stage only.
monday boss will bring his wok and goreng mee hun kaw-kaw syok for u all.

affin say next year 2020 is year of the glove .
buýyyyyyy.
sorry. I con u one.

Santa clause say must reach 90 cent before 2020.

Christmas is early for comfort.
comfortably christmas

boss is Santa Claus.
give Christmas present. pls line up
.

I con all of u to buy. why u all still buy. willing to be conned

why no limit down one ? I am a con man. faster limit down.... hagaha

yah... I con u all one. sell-lah.
limit down 3 times better.. I buy and keep longer and become millionaire

expect dividend increase 1.5 cent to 2 cent with profit increase

slowly comfort will be beat supermax in glove producer ranking

quarter result coming out soon.
expect good result ... about 9 mil profit with new production line.

rebound start tomorrow

the us dollar will continue move higher.
comfort will benefit from it.
Safe to invest in glove stock.

no wonder smart money is collecting comfort shares.

harta factory size in sepang is 95 acres which is about 2-3 times larger than comfort batu gajah land size.

harta market cap is 17 bil
comfort market cap shall break 2 bil if the 39 acre fully developed.

Last time seal polymer with only 7 acres size give annual profit of rm26 mil.
You can expect new plant with 39 acres will give a huge profit growth .

The batu Gajah plant is 3 times the size of seal polymer Ipoh where the current comfort boss sold to supermax at 1.40 per share.
If the batu gajah plant fully developed , comfort share can hit 3.00 per share.

https://www.thestar.com.my/business/business-news/2005/05/13/supermax-buys-17-stake-in-seal-polymer/

their 39 acres land in batu gajah perak can triple their current profit.
3 x 32 million per year = 96 million per year profit
number of share = 582 mil
eps = 16 cents per share
assume pe 18
share price will be around 3.00 per share

can beat supermax anytime soon.keep long term.

https://klse.i3investor.com/blogs/MplusOnline/212207.jsp

https://www.thestar.com.my/business/business-news/2019/06/25/comfort-gloves-earnings-to-be-driven-by-expansion-plans/

Revenue up 13%
Net profit up 14%
Growth continue

affin is getting a digital or virtual banking licence soon.

sure result very good.

The Best Turnaround Story of the year 2019 Award belongs to Comfort.
After recover from FDA detention, comfort will return to growth again.
Quarter report will announce next week. Expect make 10 million profit . Explosive jump.

comfort may be a target for takeover especially now china glove company affected by trade war.
those big player in china like hongray may move their operation to msia.
either they bought over factory in msia or start fresh.

http://www.hongray.com/product.php?id=5&lang=en

https://www.thestar.com.my/business/business-news/2019/05/25/highly-successful-app-venture/

financial year 31 jan 2019 profit is 27.9 mil. Bad luck year due to FDA issue.
the new financial year 31 jan 2020 profit may recover to 40 mil . Each quarter must make at least 10 mi.
With the new factory with 40 acres land at batu gajah perak coming up soon, this 40 mil can be achieved easily.

expect the next quarter profit will be 11 million . This will be 50% profit up compare with last year.
all machines are running full capacity non-stop until the chain sprocket break.

the new ceo of army fund is restructuring their shareholding.
probably a merger between affin and cimb is coming soon.
among the companies in the army fund, only affin is consistently making good profit. The army fund need money. They will get the money needed once this merger happened.

wow,
Lau family buying near to 3 million share in comfort on 9 may.
Francis Lau want to takeover soon together with private equity.

tomorrow leong hup ipo
comfort rocket and break 90 cents.

KUALA LUMPUR: CIMB Equities Research expects Malaysian rubber gloves to benefit from US-China trade war as tariffs will shift US glove demand from China to Malaysia.

It had on Wednesday maintained its overweight call with Supermax and Top Glove as its top picks in the sector.

CIMB Research said the US government has recently announced that it will be raising the tariff rate on US$200bil worth of annual imports from China to 25% from 10%.

On top of this, the US government also said that it could potentially further expand the 25% tariff rate to US$300bil worth of Chinese imports.

“We gather that gloves are among the items that will be affected (HTS codes: 3926.20.10, 3926.20.40 and 4015.19.05). Note that China is one of the world’s largest exporters of gloves, mainly vinyl ones (80% of total export volume) to the US, which are used in the non-medical field.

“We believe the tariff hike will increase the prices of all China glove exports (nitrile and vinyl) to the US. Besides resulting in China-made nitrile gloves to be uncompetitive in terms of pricing, this will also narrow the price gap between vinyl and rubber gloves, as the price discount between vinyl and rubber gloves currently stands at ~75-130%.

“This will likely result in more US-based importers choosing rubber gloves over vinyl gloves, given the latter’s lower price competitiveness. As at 1H18, 44% of US glove imports were plastic-based (vinyl) gloves,” it said.

CIMB Research said this could lead to higher demand for rubber gloves, which will benefit Malaysian glovemakers. Malaysia supplies an estimated 63% of gloves used globally.

The higher demand for rubber gloves should help ease the stiff pricing competition currently impacting Malaysian glovemakers due to rising capacities.

Also, the recent weakening of the ringgit vs. US$ (since end-1Q19: 2.2%) will further increase competitiveness of Malaysian glove exports. Based on our back-of-envelope calculations, every 1% weakening of the ringgit will increase glovemakers’ EPS by 0.4-0.5%. This assumes no forex cost savings are passed on to their customers.

“We maintain our Overweight call on the glove sector. At 24.9 times CY20 P/E (+0.5 times of five-year historical mean), the sector’s risk-reward profile is attractive, in our view, given its
defensive nature (amid a volatile market) and more favourable operating environment (higher glove demand, and weaker RM vs. US$).

"Our top sector picks are Top Glove and Supermax. We also have an Add call on Kossan

image: https://cdn.thestar.com.my/Themes/img/chart.png
, and a Hold call on Hartalega

image: https://cdn.thestar.com.my/Themes/img/chart.png
,” it said.
Read more at https://www.thestar.com.my/business/business-news/2019/05/15/cimb-research-expects-rubber-gloves-to-benefit-from-us-china-trade-war/#FIxOtfg0EIm7yycR.99

https://www.thestar.com.my/business/business-news/2019/05/15/cimb-research-expects-rubber-gloves-to-benefit-from-us-china-trade-war/

Francis Lau buying today.

Going to privatise soon by private equity and major shareholder. Just like yee ler

Kwek leng chan from hong leong also one of cornerstone investor