Why it drop , of course it got reason one, the blacklist still not delisted yet, it will threat like a boom.that why people dump, think of the risk first , only follow by how much u can gain.
I dont see reasons comfort should be in pn17 1-director buying 2-proposed share buy back 3-esos at rm1.08 4-dividen Maybe others can share their tought here?
An objective way of understanding the viability of the company is to read its Annual Report 2018.
The Management Discussion and Analysis (AR 2018, p. 15-18) will tell us what the management is doing and gives us a good overview of the future company performance.
Another is the Financial Statements (AR 2018, p. 47-114) will reveal the financial health of the company. It will also tell us whether the company will be able to give us better dividends or not.
Hotsteel, Don't be a panic monger. Avoid making subjective comments without substantiated evidence.
1. "fda issue not settle. Tonnes of glove recall. Scary to hold this counter." 22/05/2018 20:13."
Read carefully Comfort company announcement on 6 April 2018
The Board of Directors of the Company wishes to clarify that on 15 March 2018, the Group’s wholly owned subsidiary, Comfort Rubber Gloves Industries Sdn. Bhd. (CRGISB) was listed under Import Alert of the U.S Food and Drug Administration (FDA). This has resulted in CRGISB examination glove shipments to the United States ("U.S.") requiring inspections upon arrival in the U.S and released after passing an inspection.#1 The Group is working towards removal from the Import Alert list through its U.S agents and is confident of securing the removal from the Import Alert list. The FDA Import Alert listing does not prevent the Group from exporting to U.S. #2 Upon removal from the Import Alert list, CRGISB examination glove shipments will no longer require inspection. Therefore, the operations of the Group have not been disrupted by this incident and is continuing in normal operation. #3
This announcement is dated 6 April 2018.
#1. " ... resulted in CRGISB examination glove shipments to the United States ("U.S.") requiring inspections upon arrival in the U.S and released after passing an inspection."
#2. "...does not prevent the Group from exporting to U.S." Your comment: "Tonnes of glove recall" There is no basis for your comment.
#3. "...the operations of the Group have not been disrupted by this incident and is continuing in normal operation."
2. "sell before the next quarter result come out. it will crash you until you pengsan. Many containers being recall. You all not scared-kah ? 07/06/2018 20:52
Question: 1. Are you a fortune teller? You can forecast a crash? 2. Are you the company auditor or the Chief Financial Officer? 3. How come you are so sure of the next quarter result? 4. Where is the justification for your comment," many containers being recall?" The Board of Directors announce that, " The FDA Import Alert listing does not prevent the Group from exporting to U.S.," and "...released after passing an inspection."
3. "faster run and cut loss. you will regret it if keep holding this counter. 19/06/2018 20:25
Question: 1. Are you trying to create panic to make others sell in fear so that you can buy cheap?
Attend the coming AGM on 9th July to hear direct confirmation of the FDA issues and others. Put whatever doubts or queries one may have as questions to the board of directors. This is a more positive way than guessing or making predictive suppositions.
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Posted by Pennyking > 2018-05-22 14:47 | Report Abuse
haha ... u think director damn stupid to buy own company stock if there got bad news ??