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.
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
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.
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.
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.
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.
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.
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.
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.
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.
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.
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....
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Report Abuse
Please Sign In to report this post as abuse.
Market Buzz
No result.
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
真有钱 ^_^
322 posts
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。