Yes, let's rally as a force of minority shareholder to foil the greedy attempt to scoop the valuable cash assets of the company at the expense of minority. Please formulate an outline plan.

Malaysian Gas Association advocates for more gas usage - The Edge Markets

http://www.theedgemarkets.com/article/malaysian-gas-association-advocates-more-gas-usage#.W7Ofejsza4g.whatsapp

Call for more reforms in gas industry - Business News | The Star Online

https://www.thestar.com.my/business/business-news/2018/10/03/call-for-more-reforms-in-gas-industry/#PW9izct6BkmLj8As.41

Perak attracts almost RM2 billion worth of investments
October 4, 2018, Thursday

http://www.theborneopost.com/2018/10/04/perak-attracts-almost-rm2-billion-worth-of-investments/

[ IPOH: Perak Investment Management Centre (InvestPerak), an agency under the Perak state government, and Gas Malaysia Bhd will help to implement various investment projects worth RM1.9 billion next year following the signing of cooperation agreements with several local companies.]

RHB Gives COMFORT A Neutral
Comfort Gloves
Neutral (Maintained)
Target Price: MYR0.87
Price: MYR1.00
A Disappointing Quarter Market Cap: MYR562m
Bloomberg Ticker: CG MK
Maintain NEUTRAL, new TP of MYR0.87 (unchanged 14x FY19F P/E) from MYR0.76, -9% total expected return. Comfort Gloves’ 1HFY19 core earnings of MYR11.4m came below expectations.

The underperformance was mainly due to one-off logistics expenses of MYR4.4m. We trim FY19F earnings by 4% on higher selling and marketing expenses but lift FY20-21F by 14%, after updating USD/MYR and sales volume assumptions.

@ sheryn74
Dividend payment on 26 Sept.

sheryn74
Try the apk PLECO. Apk icon is blue with Chinese character within. Provides decent English translation. It's free.

Comfort手套挑战RM1.15/敏源
http://www.enanyang.my/news/20180829/comfort%E6%89%8B%E5%A5%97%E6%8C%91%E6%88%98rm1-15%E6%95%8F%E6%BA%90/

Fiona_Klci
Thanks.

US hygiene push could fuel a rubber glove boom half a world away
http://www.theedgemarkets.com/article/us-hygiene-push-could-fuel-rubber-glove-boom-half-world-away#.W4doMf8pSmI.whatsapp

US hygiene push could fuel a rubber glove boom half a world away
http://www.theedgemarkets.com/article/us-hygiene-push-could-fuel-rubber-glove-boom-half-world-away#.W4doMf8pSmI.whatsapp

Comfort手套挑战RM1.15/敏源
http://www.enanyang.my/news/20180829/comfort%E6%89%8B%E5%A5%97%E6%8C%91%E6%88%98rm1-15%E6%95%8F%E6%BA%90/

Tobacco, alcohol manufacturers to see 10% sales tax
http://www.theedgemarkets.com/article/tobacco-alcohol-manufacturers-see-10-sales-tax

Ah, at last showing some movement. Thought that nobody really noticed Gasmsia.

I bought in at 6.32 and took profit (inclusive dividend + profit) at 6.80.

GRACE1966
I took profit at 0.985 already. Next I park my precious capital at Hartalega for about a week to take profit again. I agree that Hartalega is a good company with sound, visionary management. As with Comfort, I have reservations about the management.

@andr
According to an e-nanyang report, support levels between 4.92-5.12. 52w low is 4.71 and 5.88 high.

Natural gas and renewable energy to fuel a sustainable future
http://www.theborneopost.com/2018/08/13/natural-gas-and-renewable-energy-to-fuel-a-sustainable-future/

Technical chart for Hartalega
https://charts.thestar.com.my/?s=HARTA

New gloves to account for 10% of Hartalega’s export volume - Business News | The Star Online

https://www.thestar.com.my/business/business-news/2018/08/10/new-gloves-to-account-for-10-of-hartalegas-export-volume/#uFuE7ckrY1TUYfHy.41

1⃣ Hartalega started off its financial year on a strong note, registering a 30% year-on-year growth in net profit to RM124.87mil for the first quarter ended June 30.

2⃣ The growth was driven by favourable demand and additional production capacity. The lower costs of nitrile, chemicals and upkeep of plant and machinery also contributed to the higher earnings.

3⃣ Hartalega expected the prospects for the rubber glove manufacturing sector to remain strong, with increasing demand arising from switching trends to nitrile gloves.

3⃣ Currently, nitrile gloves account for 60% of Malaysian rubber glove export.

4⃣ In meeting the rising demand, the Hartalega’s next-generation integrated glove manufacturing complex (NGC) began commissioning Plant 5 in August 2018, with construction of Plant 6 to follow, which will each have an annual installed capacity of 4.7 billion pieces.

The new Plant 7 is also in the expansion pipeline, with an annual installed capacity of 2.6 billion pieces, tailoring to small orders and specialty products.

5⃣ The increasing contribution of NGC to Hartalega’s revenue will help to consolidate margins and contribute further to group earnings.

@SuperPanda
It's more like market manipulators who deliberately panic sell to disrupt the ascending momentum for specific interests.

KIP REIT aims high and big - Business News | The Star Online https://www.thestar.com.my/business/business-news/2018/08/04/kip-reit-aims-high-and-big/#GKgrAqxpOH1jGpSE.41

If Comfort can keep costs low admist increased sales revenue through expansion capacity plus FDA accreditation in the coming 2QR, it can strongly head north like Hartalega.

RHB RETAIL RESEARCH says:
Comfort Gloves may rise higher

http://www.theedgemarkets.com/article/comfort-gloves-may-rise-higher-says-rhb-retail-research#.W2jvcBRjaoQ.whatsapp

"To the upside, the near-term resistance is at MYR1.03. This is followed by the MYR1.13 level,” it said.

RHB RETAIL RESEARCH says:
Comfort Gloves may rise higher

http://www.theedgemarkets.com/article/comfort-gloves-may-rise-higher-says-rhb-retail-research#.W2jvcBRjaoQ.whatsapp

Today, 3 Aug 2018, Edge Financial Daily, page 10, highlights Comfort under "Stocks with Momentum," which triggered their algorithm of momentum yesterday as its share price rose 2 sen or 2.2% to 0.93 sen with 5.27 million shares traded - higher than its 200-day average of 3.68 million.

Price levels from 0.920-0.950 strong reciprocal buying and selling actions and interactions. Good sentiment.

@smartInvestor1
有什么好故事听呢？

Consumer sentiment index at 21-year high https://www.thestar.com.my/business/business-news/2018/08/02/consumer-sentiment-index-at-21year-high/#hSTWUQJQhFIqvJ5s.41

A Case Of Two Tales - Which is Which?

HLIB Research expects subdued earnings in 2Q18 for CIMB Group
http://www.theedgemarkets.com/article/hlib-research-expects-subdued-earnings-2q18-cimb-group#.W1kmNqx-9pw.whatsapp


Kenanga Research maintains Outperform on CIMB despite challenges in Indonesia
https://www.thestar.com.my/business/business-news/2018/07/26/kenanga-research-maintains-outperform-on-cimb-despite-challenges-in-indonesia/#ZUkvyItA6eOhd6te.99

FOCUS MALAYSIA, JULY 28-AUG 3, 2018
Fastest Growing Companies (Market Cap of Below RM500 million)

Industrial products

Comfort Gloves Bhd comes out tops on Table 2 with a 60% increase in revenue to RM421.2 mil from RM263 mil for FY18 ended Jan 31, 2018. It has a three-year revenue CAGR of 39.5%.

Its net profit rose 38.8% to RM35.9 mil from RM25.9 mil, giving the glove manufacturer a three-year net profit CAGR of 104%.

Glove players seen to expand capacity gradually

http://www.theedgemarkets.com/article/glove-players-seen-expand-capacity-gradually

1️⃣ The Board of Directors, especially MD Cheang Phoy Ken, who are having substantial controlling shares have more to win or lose than anybody else. Hence, it's only imperative to work extra work to protect Comfort interests - meaning theirs and ours.

2️⃣ Unit Trust providers like Eastspring Investment Small Cap and Eastspring Investment Islamic Small Cap, RHB Capital are holding some positions too. The other is KWAP, the Pensioners Fund. These funds have stringent investing policies and they don't invest without due diligence of safety margins.

Will Top Glove's Gloom Be Others Bloom?

Investors unnerved by Top Glove’s lawsuit

http://www.theedgemarkets.com/article/investors-unnerved-top-gloves-lawsuit

@HoselGoh
Notes from M+Online Seminar, 21 July 2018, Penang.

5⃣ According to analyst, the FDA results is expected to be known by 15 August 2018.

TRADING BRIEF - HONG LEONG IB RESEARCH
Rubber Products (NEUTRAL)

2H18 Outlook: Lofty valuations to cap upside

1️⃣ An imbalance in supply demand is expected to manifest in 2019 with the glove players expected to increase supply by c.14% (annual global demand growth of 8%-10%).

2️⃣ The RM is expected to be weaker in 2H18 which augurs well for the sector whilst the reversal to the SST regime will yield a neutral effect. We expect the glove players will apply for and receive an exemption for SST.

3️⃣ We maintain our NEUTRAL sector rating. We downgrade Karex to a Sell given the recent share price run.

八月的风口是顺风。

@HoselGoh

4⃣ Forward FY19 PER of 15.2x is below the industry PER of 23.0x, indicating positive upside at the current juncture

I hope this factor will draw more investor bees to COMFORT counter.

Furniture and glove makers winners in US-China trade war
https://www.thestar.com.my/business/business-news/2018/07/23/furniture-and-glove-makers-winners-in-uschina-trade-war/#xhbf1lEFtodfZXmy.99
https://www.thestar.com.my/business/business-news/2018/07/23/furniture-and-glove-makers-winners-in-uschina-trade-war/#SAXRxMp2ai3OcWK8.41

Notes from M+Online Seminar, 21 July 2018, Penang.

Valuation
1⃣ Analyst upgrades recommendation on CGB to a BUY (from a Hold) with an unchanged target price of MYR0.92 due to minor share price retracement recently.

2⃣ Cautiously optimistic of CGB's earnings growth outlook, which will be driven by ongoing capacity expansion, resilient demand for its specialty rubber gloves and strengthening U.S. Dollars, albeit slightly capped by inflated business costs.(gas tariffs/labor cost)

3⃣ Target price is arrived by ascribing an unchanged target PER of 17.0x to its FY19 EPS of 5.4 sen. The ascribed PER remain at a discount to the PER of industry bellwethers like Hartalega and Top Glove, due to its smaller market capitalisation and capacity.

4⃣ Forward FY19 PER of 15.2x is below the industry PER of 23.0x, indicating positive upside at the current juncture.

It's great to have so many chartist forum members here.

Furniture and glove makers winners in US-China trade war
https://www.thestar.com.my/business/business-news/2018/07/20/furniture-and-glove-makers-winners-in-us-china-trade-war/#vTx3RpfIk6K0cgYC.41

@SuperPanda
Your forecast is quite propitious. Accumulate some @ 0.86.

@smartinvestor1
[ put it down! short it down!]
A good idea. At least keep it down for cheap accumulation before it breaks away.

@jenngu
Thanks for your valuable response and sharing.

Disappointing News from CIMB Thailand

http://www.enanyang.my/news/20180719/%E4%B8%8A%E5%8D%8A%E5%B9%B4%E5%87%80%E5%88%A9%E8%90%8E%E7%BC%A924-6-%E6%B3%B0%E5%9B%BD%E8%81%94%E6%98%8C%E5%87%80%E8%B5%9A4376%E4%B8%87/

@jenngu
Why shouldn't avoid bank stocks? The FBM Finance index tells us so. At 11.15 am 17369.85 +119.61(+0.69%).

WHO'S WINNING THE TRADE WAR?

https://m.youtube.com/watch?feature=share&v=qNl0FlfMXOM

Published on Jul 18, 2018

So who’s winning the U.S.-China trade war? A short answer is … it depends.
1. Soybean Brazil may not have won the FIFA World Cup, but it’s a winner in the soybean trade. Brazil now produces over half of China’s soybean purchases, while US soybean sales to China have dropped to their lowest level in a decade. Weaker Chinese demand is bad news for US soybean farmers. Prices have plummeted more than 18 percent in the past two months alone.

2. Aircraft In the aircraft industry, the winner could be France’s Airbus. Airbus and Boeing are neck-and-neck in their competition for market share in China. But now Beijing is looking to spend 18 billion US dollars to buy Airbus planes. And, Boeing’s 737 passenger jets are now targets of a 25 percent retaliatory tariff.

3. Steel In the steel industry, one apparent winner is US steel workers. A tariff on steel has made Chinese-made steel more expensive.That’s good news for US steel producers, but for companies that buy steel, they’re taking a hit. For each steel worker the US tariff might help, it could hurt 46 workers in downstream industries.

4.The overall trade picture The overall trade picture could be much more complicated. Half of China’s technology exports are actually not Chinese. They are parts and components produced by other countries and shipped to Chinese plants for assembly. But when they’re assembled and exported to the US, they’re counted as 100% “Chinese goods.” That’s why in a world of highly integrated supply chains, trade wars can hurt all sides.

@sheryn74
See, be patient. There's always a silver lining in something. Best regards to you.

Star Business Premium Edition
SUPPORT LINE 4h ago
Comfort Gloves
Possible recovery as share price rises above the consolidation line.