insider told me investor from china coming to their factory recently. this investor is the same investor that visiting wrp factory in sepang. They cancel the deal with wrp. Probably some dealing with comfort is on-going.
The Chinese glove player has problem with the local government due to environment issue and they can''t grow their business. The only thing they can do now is to acquire glove factory from different country like msia that have relax rule on environment.
Top glove is smart. They are faster than the china player. Quickly bought over a surgical glove company name aspion. Probably aspion got offer from china investor that recently cancel the deal with wrp but top glove offer is too good to resist.
China investor is looking for good company in msia to be bought over. Lets wait for comfort . Something is coming soon.
I remember that no one wanted to buy Comfort at 70 cent (early 2017), and price was consistently depressed at 67 cent. Luckily I bought at that price. Now the price is RM1.14. How time flies.
Accumulating time, anything below 1.10 is damn good deal. With their current and future output capacity, this counter share price easily has 50% more to grow. Will put in more investment, relax and wait for the fruit get ripe.
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Posted by riko > 2018-01-26 10:59 | Report Abuse
mana bonus issue ?