Posted by yuanlong57 > 2018-07-20 14:22 | Report Abuse

@SuperPanda
Your forecast is quite propitious. Accumulate some @ 0.86.

Posted by yuanlong57 > 2018-07-20 14:23 | Report Abuse

Furniture and glove makers winners in US-China trade war
https://www.thestar.com.my/business/business-news/2018/07/20/furniture-and-glove-makers-winners-in-us-china-trade-war/#vTx3RpfIk6K0cgYC.41

Posted by wakarimas > 2018-07-20 18:27 | Report Abuse

when is next qr?

Posted by HoselGoh > 2018-07-22 12:06 | Report Abuse

Comfort chart appear to be forming Head and shoulders bottom breakout..

Posted by EngineeringProfit > 2018-07-22 12:18 | Report Abuse

Interesting.....

completing double bottom.....cup and handle soon?

Posted by vxpoison > 2018-07-22 13:42 | Report Abuse

Ascending triangle in the making....

Posted by SuperPanda > 2018-07-22 20:45 | Report Abuse

chart wise very goood. if coming week no crisis, we will see uptrend, plus the rise in usd. 90c coming.

Posted by vxpoison > 2018-07-22 21:26 | Report Abuse

need to break 0.910 or else triple top will lead to another round of retracement!

Posted by yuanlong57 > 2018-07-22 22:56 | Report Abuse

It's great to have so many chartist forum members here.

Posted by yuanlong57 > 2018-07-22 23:28 | Report Abuse

Notes from M+Online Seminar, 21 July 2018, Penang.

Valuation
1⃣ Analyst upgrades recommendation on CGB to a BUY (from a Hold) with an unchanged target price of MYR0.92 due to minor share price retracement recently.

2⃣ Cautiously optimistic of CGB's earnings growth outlook, which will be driven by ongoing capacity expansion, resilient demand for its specialty rubber gloves and strengthening U.S. Dollars, albeit slightly capped by inflated business costs.(gas tariffs/labor cost)

3⃣ Target price is arrived by ascribing an unchanged target PER of 17.0x to its FY19 EPS of 5.4 sen. The ascribed PER remain at a discount to the PER of industry bellwethers like Hartalega and Top Glove, due to its smaller market capitalisation and capacity.

4⃣ Forward FY19 PER of 15.2x is below the industry PER of 23.0x, indicating positive upside at the current juncture.

Posted by yuanlong57 > 2018-07-23 10:38 | Report Abuse

Furniture and glove makers winners in US-China trade war
https://www.thestar.com.my/business/business-news/2018/07/23/furniture-and-glove-makers-winners-in-uschina-trade-war/#xhbf1lEFtodfZXmy.99
https://www.thestar.com.my/business/business-news/2018/07/23/furniture-and-glove-makers-winners-in-uschina-trade-war/#SAXRxMp2ai3OcWK8.41

Posted by HoselGoh > 2018-07-23 11:29 | Report Abuse

Thanks for sharing Yuanlong57, just to add their current utilization capacity is more than 80%. Business deemed good. Now just wait the stocks to break resistance. Soon or later investor will chase again.

Posted by yuanlong57 > 2018-07-23 13:26 | Report Abuse

@HoselGoh

4⃣ Forward FY19 PER of 15.2x is below the industry PER of 23.0x, indicating positive upside at the current juncture

I hope this factor will draw more investor bees to COMFORT counter.

Posted by yuanlong57 > 2018-07-24 00:10 | Report Abuse

八月的风口是顺风。

Posted by yuanlong57 > 2018-07-24 09:04 | Report Abuse

TRADING BRIEF - HONG LEONG IB RESEARCH
Rubber Products (NEUTRAL)

2H18 Outlook: Lofty valuations to cap upside

1️⃣ An imbalance in supply demand is expected to manifest in 2019 with the glove players expected to increase supply by c.14% (annual global demand growth of 8%-10%).

2️⃣ The RM is expected to be weaker in 2H18 which augurs well for the sector whilst the reversal to the SST regime will yield a neutral effect. We expect the glove players will apply for and receive an exemption for SST.

3️⃣ We maintain our NEUTRAL sector rating. We downgrade Karex to a Sell given the recent share price run.

Posted by HoselGoh > 2018-07-24 09:38 | Report Abuse

@YuanLong57. Just wait Comfort to goreng since market quite hot nowadays. Pe is the lowest among the peers.

Posted by Yael Jasper > 2018-07-24 10:27 | Report Abuse

天天都有得赚！！！！

Posted by HoselGoh > 2018-07-24 11:36 | Report Abuse

wait sudden announce the FDA release alert list, it will sky rocket since director already submitted the petition. FDA quite efficient one.

Posted by ks5S > 2018-07-24 12:08 | Report Abuse

Easy to pass one for 1st level detention. No worry.just buy first.

Posted by Lim Tek Wai > 2018-07-24 12:09 | Report Abuse

Buy and gains profit

Posted by yuanlong57 > 2018-07-24 13:16 | Report Abuse

@HoselGoh
Notes from M+Online Seminar, 21 July 2018, Penang.

5⃣ According to analyst, the FDA results is expected to be known by 15 August 2018.

Posted by HoselGoh > 2018-07-24 16:38 | Report Abuse

YuanLong57 so before 15Aug2018, the result of FDA will out?

Posted by yuanlong57 > 2018-07-24 16:46 | Report Abuse

Will Top Glove's Gloom Be Others Bloom?

Investors unnerved by Top Glove’s lawsuit

http://www.theedgemarkets.com/article/investors-unnerved-top-gloves-lawsuit

Posted by ks5S > 2018-07-25 07:18 | Report Abuse

Result will out next month. Time to rocket.

Posted by HoselGoh > 2018-07-25 09:30 | Report Abuse

okok. TQ. Will try to buy more. Since the FDA is only level 1 not a big deal. Need to confident with the management.

Posted by HoselGoh > 2018-07-25 11:25 | Report Abuse

I think share price low due to FDA only, I read history previously they got similar issues before and they able to remove it.
https://www.fda.gov/medicaldevices/productsandmedicalprocedures/deviceapprovalsandclearances/510kclearances/ucm550201.htm

Posted by ks5S > 2018-07-25 11:39 | Report Abuse

U will regret later if u dont buy now. My insider told something is brewing

Posted by ks5S > 2018-07-25 11:41 | Report Abuse

1st level no problem one lah. Dont worry so much. Just buy now.

Posted by yuanlong57 > 2018-07-25 11:41 | Report Abuse

1️⃣ The Board of Directors, especially MD Cheang Phoy Ken, who are having substantial controlling shares have more to win or lose than anybody else. Hence, it's only imperative to work extra work to protect Comfort interests - meaning theirs and ours.

2️⃣ Unit Trust providers like Eastspring Investment Small Cap and Eastspring Investment Islamic Small Cap, RHB Capital are holding some positions too. The other is KWAP, the Pensioners Fund. These funds have stringent investing policies and they don't invest without due diligence of safety margins.

Posted by Yael Jasper > 2018-07-25 11:43 | Report Abuse

Profit high high keep increasing

Posted by HoselGoh > 2018-07-25 11:47 | Report Abuse

No wonder volume quite high recently. Thanks for the input.

Posted by yuanlong57 > 2018-07-25 16:05 | Report Abuse

Glove players seen to expand capacity gradually

http://www.theedgemarkets.com/article/glove-players-seen-expand-capacity-gradually

Posted by ks5S > 2018-07-25 21:31 | Report Abuse

Good closing . Comfort getting stronger

Posted by Yael Jasper > 2018-07-26 09:59 | Report Abuse

good to invest this!

Posted by Lim Tek Wai > 2018-07-26 11:29 | Report Abuse

Getting stronger and stronger keep going !

Posted by yuanlong57 > 2018-07-27 08:20 | Report Abuse

FOCUS MALAYSIA, JULY 28-AUG 3, 2018
Fastest Growing Companies (Market Cap of Below RM500 million)

Industrial products

Comfort Gloves Bhd comes out tops on Table 2 with a 60% increase in revenue to RM421.2 mil from RM263 mil for FY18 ended Jan 31, 2018. It has a three-year revenue CAGR of 39.5%.

Its net profit rose 38.8% to RM35.9 mil from RM25.9 mil, giving the glove manufacturer a three-year net profit CAGR of 104%.

Posted by HoselGoh > 2018-07-29 13:11 | Report Abuse

Alright.. Thanks Smartinvestor..

Posted by HoselGoh > 2018-08-01 10:22 | Report Abuse

Big accumulation comfort. Go go go.

Posted by HoselGoh > 2018-08-01 10:56 | Report Abuse

Will awake soon.

Posted by ks5S > 2018-08-01 16:16 | Report Abuse

Alibabe is buying comfort

Posted by ks5S > 2018-08-01 16:18 | Report Abuse

Fda confirm release.

Posted by ks5S > 2018-08-01 16:19 | Report Abuse

Today date is 1-8-18
Beautiful date for comfort. Huat-ah

Posted by ks5S > 2018-08-01 16:25 | Report Abuse

The boss is buying

Posted by ks5S > 2018-08-01 16:37 | Report Abuse

1818

Posted by sheryn74 > 2018-08-01 18:58 | Report Abuse

Did anyone hear any good news? FDA release already? I didn’t see anything from newspapers.

Posted by antidebt > 2018-08-01 19:30 | Report Abuse

this ks5s mabuklah
where got release ? still under fda detention-lah.

Posted by vxpoison > 2018-08-01 22:29 | Report Abuse

0.910 resistance.... Wow!!!

Posted by HoselGoh > 2018-08-02 01:43 | Report Abuse

pray for big meletup tomorrow. Gap up...

Posted by DisCiPline > 2018-08-02 09:06 | Report Abuse

buying force increases, still no news out yet?

Posted by LittlePotato > 2018-08-02 09:22 | Report Abuse

smartinvestor1 wat happen mind to share?