COMFORT GLOVES BERHAD

KLSE (MYR): COMFORT (2127)

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Last Price

0.36

Today's Change

-0.01 (2.70%)

Day's Change

0.36 - 0.37

Trading Volume

212,200


25 people like this.

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

Posted by 真有钱 ^_^ > 2018-04-05 11:09 | Report Abuse

如果60天后,Import Alert list的Note会去到Level2,已经算不错了。

hyino

452 posts

Posted by hyino > 2018-04-05 11:10 | Report Abuse

when they wanna go inside USA , not already ready all document meh ?why get block ?

hyino

452 posts

Posted by hyino > 2018-04-05 11:10 | Report Abuse

just like u want go oversea , u dun take passport, wtf

minghong

290 posts

Posted by minghong > 2018-04-05 11:10 | Report Abuse

what happended to it? someone pls explain. why comfort drop like hell?

Posted by 真有钱 ^_^ > 2018-04-05 11:12 | Report Abuse

@VX毒,今天有驾lorry出来扫货吗?

limpek

115 posts

Posted by limpek > 2018-04-05 11:13 | Report Abuse

i think the market overreact. Published date was 2 weeks ago and now market only see the news. Maybe the company didnt announce because they foresee no material impact to the company. They still have other subsidiaries under diff name. They can use other channel to import. not necessary only under comfort name.

Posted by notformoney > 2018-04-05 11:14 | Report Abuse

You can play with MACC, PDRM but never mess with FDA, FBI, CIA

55880955

679 posts

Posted by 55880955 > 2018-04-05 11:15 | Report Abuse

you think you can do thinks illegal way to enter US. They can put you into jail forever. The boss's son is a US citizen.

hyino

452 posts

Posted by hyino > 2018-04-05 11:16 | Report Abuse

BUT already mean the product dun have document to prove the quality

limpek i think the market overreact. Published date was 2 weeks ago and now market only see the news. Maybe the company didnt announce because they foresee no material impact to the company. They still have other subsidiaries under diff name. They can use other channel to import. not necessary only under comfort name.
05/04/2018 11:13

hyino

452 posts

Posted by hyino > 2018-04-05 11:18 | Report Abuse

ppl dump the stock because ppl dunno what the hell FDA is .... so they need to come out to say something

minghong

290 posts

Posted by minghong > 2018-04-05 11:18 | Report Abuse

what happended actually? pls explain. the fda report didnt mention their name at all

hyino

452 posts

Posted by hyino > 2018-04-05 11:20 | Report Abuse

if insider know this is a small case , i think they already slow slow collect ady .... huhuhu ..

55880955

679 posts

Posted by 55880955 > 2018-04-05 11:20 | Report Abuse

read this fda report. Their name is there
https://www.accessdata.fda.gov/cms_ia/importalert_229.html

limpek

115 posts

Posted by limpek > 2018-04-05 11:21 | Report Abuse

it is the 1st time under detain. so is a lesson to them. now they know the minimum compliance of the quality. In future, they will ensure only quality gloves enter US. However. because they are caught the 1st time, the future export will be affected. To ensure future export not affected. they can use other channel under diff name to enter US.

55880955

679 posts

Posted by 55880955 > 2018-04-05 11:21 | Report Abuse

there still got time to look into the share price ? FDA never settle but play stock first-kah ?

vxpoison

1,906 posts

Posted by vxpoison > 2018-04-05 11:21 | Report Abuse

真有lui.... 有一辆park在0.680.。。。静静等,静静可以等!静静下午有表演!

miker

708 posts

Posted by miker > 2018-04-05 11:22 | Report Abuse

Take the HOVID case, this is FDA, HOVID just in Malaysia. The impact could be worse or worst!!!

vxpoison

1,906 posts

Posted by vxpoison > 2018-04-05 11:22 | Report Abuse

riko.....你在zomok?还不出来?

55880955

679 posts

Posted by 55880955 > 2018-04-05 11:23 | Report Abuse

Their customer won't let them do this illegal way.

Frontline

144 posts

Posted by Frontline > 2018-04-05 11:24 | Report Abuse

Next support level 0.65

Posted by PotentialGhost > 2018-04-05 11:25 | Report Abuse

1 week - 36% , 1 week enuf

Posted by 真有钱 ^_^ > 2018-04-05 11:29 | Report Abuse

@VX毒 把美国的市场拿走(42%), EPS ~0.6 x 58% = ~0.35.
预测下季赔钱因为货物卡在关口。
我看你的Lorry Park在0.30会比较安全,货也没那么容易贬值。

tehckosong

149 posts

Posted by tehckosong > 2018-04-05 11:30 | Report Abuse

this counter has been highly recommended by smartinvestor1 & a lot of others so call sifu on the social media eg: hairyteo on the high price. Look more like a distribution stage for this people to unload their share bought earlier! Last 5 days has drop back to last year April price.

limpek

115 posts

Posted by limpek > 2018-04-05 11:31 | Report Abuse

55880955 Their customer won't let them do this illegal way.

Which law states that it is illegal?

Posted by ahsangking > 2018-04-05 11:38 | Report Abuse

RUN NOW BEFORE IT MAKE U-TURN TO 60 CENTS.

vxpoison

1,906 posts

Posted by vxpoison > 2018-04-05 11:38 | Report Abuse

真有lui...静静不要乱!

Posted by notformoney > 2018-04-05 11:45 | Report Abuse

normally FDA randomly pick up container for sample testing and it happen less than 5% of the imported containers. So for every 100 container of Comfort's container going to USA, maybe only couple of containers get FDA sampling and one of the container failed. So their quality is really bad.
To be lifted from FDA detention list, they need 5 consecutive containers tested and pass. It is very unlikely if their quality is sub par.

hooi

1,773 posts

Posted by hooi > 2018-04-05 11:45 | Report Abuse

hopeless counter. Every drop. Dow green also drop. Dow red drop more.
Better sell if not pokai

Posted by Dong Chang Ong > 2018-04-05 12:06 | Report Abuse

At least don't drop too fierce then our heart still can tahan, my other export stocks also drop 30-50% from peak, a lot stock drop like hell, u see hengyuan, also recommended by sifu, if buy at peak, now can close pc n sleep d.

Posted by Dong Chang Ong > 2018-04-05 12:07 | Report Abuse

Got ppl goreng share price only will up, but also will fall.. If want stable things, aim dividend stock/ blue chip/ FD. Don't forget BAT will die also.

Posted by Dong Chang Ong > 2018-04-05 12:23 | Report Abuse

Tesla killed ppl not serious? FB leak client data not serious? So the business still have to continue or not?

Myself also throw some comfort early due to emotion.

After calm down, I read back Comfort history in cari and investalks forum. Current price already closed to 2013 price, and that time comfort still in Pn17. That time company owe several bank for 40m and the profit is making lost.

I am not sure this time more serious or that time, and also not sure I am correct or false. But, I will hold my remaining stock.

Frontline

144 posts

Posted by Frontline > 2018-04-05 12:28 | Report Abuse

Be prepare, Comfort unlikely to achieve growth for the next 1 to 2 years.

hooi

1,773 posts

Posted by hooi > 2018-04-05 12:53 | Report Abuse

don't holding a dead wood

ymj1016

216 posts

Posted by ymj1016 > 2018-04-05 13:02 | Report Abuse

has not reached the bottom yet. More plunge is coming
1st plunge: media report the fda detention issue
2nd plunge: the next quarter result
maybe bottom is 40 cents.

vxpoison

1,906 posts

Posted by vxpoison > 2018-04-05 13:26 | Report Abuse

riko... 你在zomok? 出来吹吹水来.... 这边枪手太多.... 出来派下定心丸来....

Flintstones

1,762 posts

Posted by Flintstones > 2018-04-05 13:26 | Report Abuse

The edge reported it. Gap down time?

lizi

1,968 posts

Posted by lizi > 2018-04-05 13:26 | Report Abuse

now only tell public..i3investor is the best...

http://www.theedgemarkets.com/article/comfort-gloves-sinks-11month-low-after-entering-us-fda-alert-list

ymj1016

216 posts

Posted by ymj1016 > 2018-04-05 13:30 | Report Abuse

1st plunge come in 2nd half.
Beware

ymj1016

216 posts

Posted by ymj1016 > 2018-04-05 13:32 | Report Abuse

now the news confirm real one. Not fake anymore as some parties claimed.

vxpoison

1,906 posts

Posted by vxpoison > 2018-04-05 13:40 | Report Abuse

大条了,大条了。。。快跑。哈哈哈哈

Posted by ahsangking > 2018-04-05 13:41 | Report Abuse

all this analyst sleeping one. Don't know what is going on. See whether they will downgrade to sell considering such impact to the company next quarter result.

vxpoison

1,906 posts

Posted by vxpoison > 2018-04-05 13:42 | Report Abuse

That's why I said earlier... ANALyst report can believe.... Sai also can eat.

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-04-05 14:01 | Report Abuse

easily

hotsteel

67 posts

Posted by hotsteel > 2018-04-05 14:15 | Report Abuse

faster run. Gap down at the opening.

Posted by William Tan > 2018-04-05 14:21 | Report Abuse

weird....this FDA listed on 15/3 management should know earlier than us.In
29/3 qtr report management keep mention confident in report.

Current year prospects
Prospects for the rubber glove manufacturing sector remain strong with increasing
demand arising from switching trends towards nitrile glove. Nitrile glove now
accounts for 61% of Malaysian rubber glove export. As overall demand for nitrile
gloves increases, the market is seeing increase segmentation and differentiation
leading to an increase demand for specialty gloves. Through dedication to process
rationalization and improving operational agility, the Group is confident in capturing
greater market share and strengthening margins. The Group is confident that meeting
customer expectations and continuous innovation will strengthen our position as the
bespoke specialty glove manufacturer.

hotsteel

67 posts

Posted by hotsteel > 2018-04-05 14:33 | Report Abuse

the throwing rate and volume getting huge. Run !!!!

TomHagen

165 posts

Posted by TomHagen > 2018-04-05 14:33 | Report Abuse

As long as this FDA issue didn't resolve quickly, I think the company stock will worth 30 cents later.

VFTRADER

788 posts

Posted by VFTRADER > 2018-04-05 14:37 | Report Abuse

judge yourself

transacted vol (share) after this case appear:
4-apr = 21,724,200
5-apr = 16,455,600
6-apr = 17,059,500 (2.30pm)

total = 55,239,300 shares (10% of total share issued)
let c any substantial shareholders selling....

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