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2020-06-12 22:05 | Report Abuse
New production lines lift margins at Comfort Gloves as Q1 profit doubles
https://www.thestar.com.my/business/business-news/2020/06/12/new-production-lines-lift-margins-at-comfort-gloves-as-q2-profit-doubles#cxrecs_s
I'm not an expert ... but here's is what i dug out for you guys/gals.
Just fiddled around with excel ... got the following average PE Ratios for comfort and the top four gloves companies (averaged based on 15-17 quarters) for your perusal to make your own:-calculation.
Tog Glove: PE(EOQ) 27, PE (ANN): 28
Hartalega: PE(EOQ) 38 , PE (ANN): 40
Supermax : PE(EOQ) 84, PE (ANN): 84
Kossan: PE(EOQ) 24, PE (ANN): 38
Comfort: PE(EOQ) 16, PE (ANN): 17 (wonder why still low compared to the others)
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Average : PE(EOQ) 38 PE (ANN): 41
(note: EOQ=on the date at End of Quarter ; ANN= on the QR Announcement Date, latest quarter PE accounted for)
Careplus ... their historical PE is horrible to average out... so i ditched it.
2018-10-26 13:50 | Report Abuse
Serba Dinamik Holdings Bhd, whose share price hit a record high of RM4.23 last week, has secured a total of 13 operations and maintenance (O&M) contracts worth an aggregate sum of at least RM512.17 million.
❤️❤️
Come join me to buy some more ..
2018-10-26 13:47 | Report Abuse
Yay.. dividend in.. will buy more later .. undervalued ..
2018-07-25 22:31 | Report Abuse
MD only holds around 0.167% shares. So better look at the other substantial shareholders / owners that probably runs the business in the background. Non Exec Chairman Dato' Izham Mahmud has 37.36%, Datuk Vivekananthan has 31.13%. So, the MD's shares movement is negligible.
2018-07-06 18:03 | Report Abuse
I see I see... so can buy now? Whats the fair value?
Stock: [COMFORT]: COMFORT GLOVES BERHAD
2020-06-12 22:49 | Report Abuse
The 2Q, 3Q and 4Q are going to be higher due to the increased price of gloves? Guess the quarter result covers only up to end of April 2020. The price increase anticipated between mid-April and beyond? Any glove suppliers here to advise?
ps... I've yet to own any gloves stocks ... thinking to join in if its worthwhile....
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George Leong Good profit. Assuming the next 3Q to follow 1Q net profits of rm16.339 mil, the TP be:
PE 30: rm3.36
PE 35: rm3.92
This is not including the fact that 2Q, 3Q & 4Q profits might be higher than 1Q profits of rm16mil.