COMFORT GLOVES BERHAD

KLSE (MYR): COMFORT (2127)

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Last Price

0.365

Today's Change

-0.005 (1.35%)

Day's Change

0.36 - 0.37

Trading Volume

880,500


25 people like this.

38,775 comment(s). Last comment by Dannyfyl88 2 weeks ago

Posted by Leklek888 > 2017-10-23 20:46 | Report Abuse

talk 3 talk 4 talk east talk west, tomorrow share price still up up up !!!

mrcbaiii

89 posts

Posted by mrcbaiii > 2017-10-23 20:52 | Report Abuse

trust philip31.
He got contact person inside comfort. His tips very cun-one.

philip31

348 posts

Posted by philip31 > 2017-10-23 21:00 | Report Abuse

On the contrary I still believe the price will inch up slowly but surely. Rights issue or not profits will continue to go up. Believe in the MD.

VFTRADER

788 posts

Posted by VFTRADER > 2017-10-23 21:15 | Report Abuse

Comfort definitely need fund for expansion in CY2018 and the following years just like what TopGlove did few years after listing. There are 3 possibilities way to get extra fund:

[a] Bonus issue + warrant
[b] Right issue + bonus issue (share + warrant).
[c] 10% of Private place.

This is bcoz operating cashflow is insufficient to support the quick expansion and they need to do it quickly before TopGlove, Kossan, Harta n Supermax expansion completed in 2018-2020 period of time to capture more market share.

@philip31, correct??

VFTRADER

788 posts

Posted by VFTRADER > 2017-10-23 21:24 | Report Abuse

FY2018, CG add 8 new lines from 40 to 48 or 4.8bil (increase of 20%)

FY2019, if another 20% cap increase, they need 10 new lines ( become 58 lines or 5.8bil).

FY2020, another 20% cap increase, they need 12 new lines (become 60 lines or 6.0bil)

philip31

348 posts

Posted by philip31 > 2017-10-23 21:30 | Report Abuse

Comfort definitely is on expansion mode. Your suggestions is definitely correct. Like riko says I am not knowledgeable but I know when to buy and make money. That's all that matters. Believe me when I say Comfort will definitely go higher next year.

riko

2,727 posts

Posted by riko > 2017-10-23 21:50 | Report Abuse

with almost no borrowing , only "right issue" is very not likely.
not sure why still got someone claim insider .... i3 = no insider , insider no need to be here.

talk 3 talk 4 only make comfort price ridiculous. ( need many thanks to bai bai )

VFTRADER

788 posts

Posted by VFTRADER > 2017-10-23 21:52 | Report Abuse

Just sharing cap infor for reading pleasure:

CQ4'17:
TpG = 50b
Harta = 30b
Kossan = 25b
Spmx = abt 30b


Future:
TpG = 60b (2018)
Harta = 42b (2020)
Kossan = 45b (2021)
Spmz = how big is Bukit raja factory??

Nx350

180 posts

Posted by Nx350 > 2017-10-23 22:52 | Report Abuse

Comfort comfort comfort!!!!!!!!!!!!!

Thkent91

195 posts

Posted by Thkent91 > 2017-10-24 01:34 | Report Abuse

deMusangking tks Comfort for the 1 year free supply of Starbucks!!!! best of luck to all still here!!!!

Don't spend it on Starbucks 1st. Keep it for right issue, you might need to fork out 3 years of Starbucks for the rights too.

abcb

2,952 posts

Posted by abcb > 2017-10-24 09:03 | Report Abuse

Take profit
Overvalue and overbought

riko

2,727 posts

Posted by riko > 2017-10-24 09:25 | Report Abuse

thanks abcd...
i like the volume

bpt1

81 posts

Posted by bpt1 > 2017-10-24 09:32 | Report Abuse

Wait for it to come down to below RM1.00.

Keith Han

411 posts

Posted by Keith Han > 2017-10-24 09:36 | Report Abuse

Morning tak profit. Noon will shot up again.

Keith Han

411 posts

Posted by Keith Han > 2017-10-24 09:37 | Report Abuse

Collect at low now. Grab some at 1.04 hehe

aiboon

296 posts

Posted by aiboon > 2017-10-24 09:42 | Report Abuse

cup and handle with high vol breakthrough ..

mancingbursa

4,268 posts

Posted by mancingbursa > 2017-10-24 09:45 | Report Abuse

Udah hbis bkar?

Keith Han

411 posts

Posted by Keith Han > 2017-10-24 09:52 | Report Abuse

I think If able hit 1.02 or 1.03 , can collect already.. Bit hard drop below 1 ba

riko

2,727 posts

Posted by riko > 2017-10-24 10:13 | Report Abuse

may be bai bai and abcd yesterday makan 1.1 when closing ... so being trapped now.

Posted by moneymoneycome > 2017-10-24 10:14 | Report Abuse

it's back to show time again...

riko

2,727 posts

Posted by riko > 2017-10-24 10:17 | Report Abuse

today can close between 1.06-1.1 , very good liao , can't everyday shoot up one.
會馬上風的.

bsngpg

2,842 posts

Posted by bsngpg > 2017-10-24 10:19 | Report Abuse

It was published in theedge that Top Glove acquires Adventa aka Terang Nusa located in Kulim and kelantan.

Posted by BodohStock > 2017-10-24 10:25 | Report Abuse

bsngpg It was published in theedge that Top Glove acquires Adventa aka Terang Nusa located in Kulim and kelantan.
24/10/2017 10:19

You mean this one ? http://www.theedgemarkets.com/article/us-firm-looking-adventa-acquisition
It's very very very old news.. December 24, 2010

unclejoe

164 posts

Posted by unclejoe > 2017-10-24 10:26 | Report Abuse

The Edge " For the financial year ended Oct 31, 2016 (FY16), Terang Nusa reported a net loss of RM27 million, compared to a net profit of RM4.81 million in FY15. Revenue fell 3.5% to RM227.64 million."

unclejoe

164 posts

Posted by unclejoe > 2017-10-24 10:28 | Report Abuse

Pay RM1Billion for a privately held company making revenue RM227 million with losses RM27 million? come on, make sense or not?

riko

2,727 posts

Posted by riko > 2017-10-24 10:28 | Report Abuse

Let me call Mr.Lim wei cai first .... to verify...

Posted by BodohStock > 2017-10-24 10:38 | Report Abuse

bsngpg It was published in theedge that Top Glove acquires Adventa aka Terang Nusa located in Kulim and kelantan.
24/10/2017 10:19

You mean this one ? http://www.theedgemarkets.com/article/us-firm-looking-adventa-acquisit...
It's very very very old news.. December 24, 2010
24/10/2017 10:25

Found it, today's article.. http://www.klsescreener.com/v2/news/view/296369
But it's speculated, Adventa AND Supermax.. so no conclusion..

bsngpg

2,842 posts

Posted by bsngpg > 2017-10-24 10:43 | Report Abuse

Please go into the edge dated 24 Oct 2017

bpt1

81 posts

Posted by bpt1 > 2017-10-24 10:45 | Report Abuse

Only opinions from this fellow that fellow even all the way from Nikkei news.

Adventa kena goreng. Terang Nusa separate business only boss the same.

riko

2,727 posts

Posted by riko > 2017-10-24 11:29 | Report Abuse

dont worry lah , buy comfort not because of topglov want to be substantial share holder.
the chances is very very slim.

Will911

149 posts

Posted by Will911 > 2017-10-24 11:34 | Report Abuse

Definitely..comfort still will in uptrend without tg..i think they are going to announce bonus issue soon

Will911

149 posts

Posted by Will911 > 2017-10-24 11:59 | Report Abuse

I feel tp 1.20 cn reach around early or mid nov..unless any unforeseen circumstances..

Will911

149 posts

Posted by Will911 > 2017-10-24 12:34 | Report Abuse

Fundamental wise no problem.. techinical wise:

COMFORT (Not Rated). COMFORT rallied an astonishing 12.5 sen (12.8%) yesterday, closing at RM1.10. This was accompanied by exceptionally high trading volumes of 36.6m shares – more than 7x its 20-day average of 4.7m shares. More importantly, yesterday’s move could potentially signal a continuation of a prior uptrend, which lasted from May to Aug, after a 2-month long period of sideways consolidation. Likewise, with key SMAs forming a “golden-cross”, coupled with upticks in key SMAs, we reckon that the balance of evidence favours a continued move upwards at this juncture. From here, expect some overhead resistances at RM1.15 (R1) and RM1.19 (R2), while downside supports can be identified at RM0.97 (S1) and RM0.91 (S2).

AllWin

782 posts

Posted by AllWin > 2017-10-24 13:13 | Report Abuse

The board of directors of the Company (“Board”) is constantly evaluating merger and acquisition opportunities as part of its business expansion strategy. The Board, however, wishes to clarify that Top Glove is not acquiring/buying Adventa Berhad or Supermax Corporation Berhad. Nonetheless, Top Glove is currently in negotiations to acquire a glove manufacturer (“Proposed Transaction”), the terms and conditions of which have not been finalised at this juncture

TrippleZ

1,563 posts

Posted by TrippleZ > 2017-10-24 13:26 | Report Abuse

This leave Comfort as the most likely candidate.

wwchin

33 posts

Posted by wwchin > 2017-10-24 13:28 | Report Abuse

Confirmed is Comfort Glove at RM1.80/share.

kk123

1,964 posts

Posted by kk123 > 2017-10-24 13:32 | Report Abuse

left comfort, kossan & harta.

ks5S

4,601 posts

Posted by ks5S > 2017-10-24 13:34 | Report Abuse

my insider told me . its............................................. COMFORT

riko

2,727 posts

Posted by riko > 2017-10-24 13:41 | Report Abuse

ks5s your insider news never true one, can true one time ka.....

AllWin

782 posts

Posted by AllWin > 2017-10-24 13:45 | Report Abuse

wwchin, i know where your RM 1.80 come from.. 558.79 Million shares x RM 1.80 = RM 1Billion

riko

2,727 posts

Posted by riko > 2017-10-24 14:11 | Report Abuse

now the game is 50% unlisted and 50% listed ( comfort )... supermax confirmed out because no meeting has been held.

rr88

6,532 posts

Posted by rr88 > 2017-10-24 14:21 | Report Abuse

Unlisted company ler. Once news out Comfort will drop like no tomolo.

riko

2,727 posts

Posted by riko > 2017-10-24 14:27 | Report Abuse

no need to be sour grape here , nobody entertain one , because no one can give confirm answer.
look at comfort buyer Q now....

alphajack

3,685 posts

Posted by alphajack > 2017-10-24 14:29 | Report Abuse

YOU ALL WASTING TIME HERE. MY BEST FRIEND BURSAMASTER SOLD DOWN TODAY RDY. WE ALL LOADING FOR PALETTE NOW.

80c PALETTE COMING

riko

2,727 posts

Posted by riko > 2017-10-24 14:30 | Report Abuse

see Adventa

Posted by ocean12345 > 2017-10-24 14:32 | Report Abuse

adventa .. impact is hell big

riko

2,727 posts

Posted by riko > 2017-10-24 14:32 | Report Abuse

PALETTE should go to PALETTE i3 , not here ...

ks5S

4,601 posts

Posted by ks5S > 2017-10-24 14:35 | Report Abuse

100000% it is comfort.

riko

2,727 posts

Posted by riko > 2017-10-24 14:37 | Report Abuse

supermx and adventa hollanding now.... left comfort.

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