COMFORT GLOVES BERHAD

KLSE (MYR): COMFORT (2127)

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Last Price

0.37

Today's Change

0.00 (0.00%)

Day's Change

0.365 - 0.375

Trading Volume

500,100


25 people like this.

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

sheryn74

212 posts

Posted by sheryn74 > 2018-07-15 17:01 | Report Abuse

After FDA approval the share price will fly up like last time. :))

Posted by questionmark11 > 2018-07-15 21:01 | Report Abuse

Thanks yuanlong57
Lets wish the best for comfort sheryn74

sheryn74

212 posts

Posted by sheryn74 > 2018-07-15 21:23 | Report Abuse

Yes.. wish for all the best !

yuanlong57

1,528 posts

Posted by yuanlong57 > 2018-07-16 01:35 | Report Abuse

POSITIVE NEWS FOR COMFORT IN 2H 2018

FOCUS MALAYSIA, JULY 14-20, 2018
Strong demand to support earnings
THE glove sector is expected to see continued demand in the second half of this year but higher raw material costs and capacity constraints could limit its outlook.

“We believe glove producers could potentially record better earnings in the quarters to come as the resilient global demand for gloves will continue to drive their earnings in 2H18,” notes an MIDF Research report.

The report notes that the Malaysian Rubber Glove Manufacturers Association (MARGMA) projects the value of glove exports this year to increase by 10% to RM18 bil from RM16.2 bil last year. This is expected to be driven by an increase in global demand of about 8% to 10% per annum. However, cost pressures could impact the bottom lines of some glove players.

Analysts expect rubber prices to remain at their current high levels for at least the rest of the year. This is in line with the agreement between Thailand, Indonesia and Malaysia (the three largest producers) which prevents the price of rubber from falling below RM4 per kg.

China’s slowing automobile sector following the removal of government incentives is another factor which could weaken the demand for rubber over the rest of the year.

Nitrile butadine prices might also increase with the rising demand for nitrile gloves. MIDF Research says the demand for this raw material could push prices up by 5-10% next year.

ks5S

4,601 posts

Posted by ks5S > 2018-07-16 21:25 | Report Abuse

i got some insider news. Very good news

sheryn74

212 posts

Posted by sheryn74 > 2018-07-16 21:50 | Report Abuse

@ks5S can u share with us what is the good news?

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-07-16 21:57 | Report Abuse

the good news is there is no bad news

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-07-16 21:58 | Report Abuse

waiting entry 80c price, is it possible or not?

ks5S

4,601 posts

Posted by ks5S > 2018-07-16 23:03 | Report Abuse

the US external independent lab doing the test show positive result.
now the test report has been send to FDA.
anytime can release from FDA detention. Can start to accumulate.

ks5S

4,601 posts

Posted by ks5S > 2018-07-16 23:04 | Report Abuse

80 cents not possible anymore. Only one direction ... moving to 1.00

ks5S

4,601 posts

Posted by ks5S > 2018-07-16 23:12 | Report Abuse

Questions by Proxy Shareholder (Phang)
2. What is the FDA status?

BOD Answers
2. As pertaining the FDA matter, the company has filed in the necessary papers, only waiting for FDA approval.


The necessary papers is included the lab report.
Once FDA review the lab report..... the will be released very fast.

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-07-16 23:39 | Report Abuse

is 80c not possible? wait 3 wks. i receive info trump will exercise 200b tariff to china

asian market will be in deep shit if china market bearish

yuanlong57

1,528 posts

Posted by yuanlong57 > 2018-07-17 06:42 | Report Abuse

@SuperPanda
Under present market scenario of heightened volatility and uncertainty, anything is possible.

Who would have imagined the big brother of the glove industry, Top Glove could have its costly 3.8 billion market capitalisation wiped off in a single day?

The valuation wiped out is more than double the acquisition price for Aspion.

http://www.theedgemarkets.com/article/frankly-speaking-top-gloves-costly-acquisition#.W00d_ORZPMQ.whatsapp

sheryn74

212 posts

Posted by sheryn74 > 2018-07-17 09:19 | Report Abuse

Thks Ks5S for the info..

yuanlong57

1,528 posts

Posted by yuanlong57 > 2018-07-17 11:58 | Report Abuse

@sheryn74, Ks5S
The spillover impact of the Top Glove imbroglio and Ks5S quoted information have directed the attention of some glove counter investors to have a peek at industry peer, COMFORT, with a comfortable share valuation price to migrate to. The past few days have seen COMFORT steadily going up north.

yuanlong57

1,528 posts

Posted by yuanlong57 > 2018-07-17 12:42 | Report Abuse

Star Business Premium Edition
SUPPORT LINE 4h ago
Comfort Gloves
Possible recovery as share price rises above the consolidation line.

sheryn74

212 posts

Posted by sheryn74 > 2018-07-17 12:45 | Report Abuse

Yuanlong. Yeah...clap clap... thks. Good news!

yuanlong57

1,528 posts

Posted by yuanlong57 > 2018-07-17 14:06 | Report Abuse

@sheryn74
See, be patient. There's always a silver lining in something. Best regards to you.

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-07-17 15:11 | Report Abuse

yuanlong57, you speaking wisely. i only replied to ks5s as he said only move 1 direction towards 1.0. thats not how chart works.

i was holding comfort last year and now waiting to re-enter. in order to move 1.0, the price should be stable first at upside for at least MA14 days.

as you can see price range 80c-89c fluctuate for 3 mths, if can get 80c is very good but i dont mind enter at 84c

ks5S

4,601 posts

Posted by ks5S > 2018-07-17 17:18 | Report Abuse

Fda issue going to be history and lesson to learn for comfort. Time to move forward. Good time to buy now before it break 1 .00 again.

ks5S

4,601 posts

Posted by ks5S > 2018-07-17 18:45 | Report Abuse

when i shout BUY, you just go in.
Don't worry this comfort. The boss is a very dedicated and committed boss.
Sure settle one the FDA . It just a small issue.

ks5S

4,601 posts

Posted by ks5S > 2018-07-17 18:53 | Report Abuse

0.87 sen is the intrinsic value.
there is more growth for this company. Just ride the growth .
Break 1.00 anytime soon.

ks5S

4,601 posts

Posted by ks5S > 2018-07-17 20:28 | Report Abuse

Buy Alert !!!!!
no need to think.
Rocket soon. Faster buy ticket.

ks5S

4,601 posts

Posted by ks5S > 2018-07-17 21:00 | Report Abuse

after the AGM , i have a personal talk with the boss.
The boss yell at me "BUYYYYYYY"

ks5S

4,601 posts

Posted by ks5S > 2018-07-17 21:16 | Report Abuse

Actually comfort received the notice on fda detentionin in feb 18. Therefore now going to 6 months already. Next month they will receive letter from fda to allow enter USA.
Therefore good to enter now. Insider is buying.

JN88

11,670 posts

Posted by JN88 > 2018-07-17 21:18 | Report Abuse

Boss dishonest ......Rule No.1 never partner or buy shares in counter that the boss dishonest.

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-07-17 21:28 | Report Abuse

80+-90+c range you can choose

comfort
kgb
opcom
hibiscus

each hve own strenght, all already in my hold except comfort

Posted by EngineeringProfit > 2018-07-17 21:31 | Report Abuse

Interesting.....

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-07-17 21:35 | Report Abuse

however will not buy above 87c, support yet stable. i will wait 84c.

if it goes up doesnt matter. just forget it and find other stock. buy only at price you want and be patient.

3c different not big but if you hold many shares that really matter.

ks5S

4,601 posts

Posted by ks5S > 2018-07-17 21:38 | Report Abuse

supermax somemore not honest but the share price go up 100%

ks5S

4,601 posts

Posted by ks5S > 2018-07-17 21:39 | Report Abuse

anything below 1.00 still a good buy.
the boss is holding price at 1.20

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-07-17 21:42 | Report Abuse

MA50 at 84c support, MACD signal uptrend. If klci +ve rest of week, it can cross 90c soon.

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-07-17 21:44 | Report Abuse

If can get 84c, means you get at very good support price. dont think will go down lower unless -ve sentiment global mrket

ks5S

4,601 posts

ks5S

4,601 posts

Posted by ks5S > 2018-07-17 22:50 | Report Abuse

downtrend over
now uptrend
volume building up
boss give buy tips. You must know how to catch his signal during AGM. When he said bluntly... means buy

Posted by JustAnAmateur > 2018-07-18 08:58 | Report Abuse

will there any boss that will tell you to sell their company shares?

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2018-07-18 16:54 | Report Abuse

switch to FBMKLCI-C5A, 3% premium only

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2018-07-18 16:54 | Report Abuse

switch to FBMKLCI-C5A, 3% premium only

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2018-07-18 16:54 | Report Abuse

switch to FBMKLCI-C5A, 3% premium only

ks5S

4,601 posts

Posted by ks5S > 2018-07-18 20:40 | Report Abuse

if you are selling comfort due to trump or fda issue, you are making a bigger mistake.
i have been quietly accumulating since it crash to 70 cents when all those monkey yelling sell.
thanks to those selling to me. You will really regret on this.

ks5S

4,601 posts

Posted by ks5S > 2018-07-18 21:42 | Report Abuse

bull is coming back

http://klse.i3investor.com/blogs/j4investmentcapital/165952.jsp

Posted by hidaka88 > 2018-07-18 22:46 | Report Abuse

if you confident, hold, not confident,..just sell...

tehckosong

149 posts

Posted by tehckosong > 2018-07-19 14:55 | Report Abuse

***smartInvestor1: tmr ready for klci drop... short sell mode standby

18/07/2018 22:39***

Still the Holland King. Never change after so long.

tehckosong

149 posts

Posted by tehckosong > 2018-07-19 18:40 | Report Abuse

Tomorrow ready to short KLCI.

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-07-19 19:01 | Report Abuse

86c coming tomorrow, possible?

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-07-20 11:34 | Report Abuse

wow, my expectation has come true

yuanlong57

1,528 posts

Posted by yuanlong57 > 2018-07-20 11:37 | Report Abuse

@smartinvestor1
[ put it down! short it down!]
A good idea. At least keep it down for cheap accumulation before it breaks away.

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-07-20 11:45 | Report Abuse

84c will enter

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-07-20 11:46 | Report Abuse

but 86c good price can buy a bit first

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