no worry-lah. drop buy more. u wont regret . glove business recession free. somemore sell in us dollar. all the sector kaput, only remain glove. Top glove and harta now index counter. Glove is king now.
OTHERS REMOVAL FROM THE IMPORT ALERT LIST OF THE U.S FOOD AND DRUG ADMINISTRATION (FDA) COMFORT GLOVES BERHAD
Type Announcement Subject OTHERS Description REMOVAL FROM THE IMPORT ALERT LIST OF THE U.S FOOD AND DRUG ADMINISTRATION (FDA) Our announcement dated 6 April 2018 refers.
The Board of Directors of the Company wishes to announce that its wholly-owned subsidiary, Comfort Rubber Gloves Industries Sdn. Bhd. ("CRGISB") has on 27 November 2018 received a letter from the U.S. Food & Drug Administration informing that CRGISB has been removed from the Import Alert list of the U.S. Food and Drug Administration.
Letter received Nov, next rpt is for Jul-Sep, shipment cost, inventory, handling, etc and if add esos/staff benefit, profit estimate will stay 4m only.
I can be wrong of course but mgmt will for sure can take profit again frm shareholders. No surprise.
Higher tax compare to previous year quarter. Fundamental still intact . Another 6 more machines being setup at the new bought land. Growith counter. Anyone sell tomorrow; I will buy from you.
Ks5s, revenue go up. But pbt did not. Why? Valuation more than 20x pe but cannot provide growth. But still low la compared to other big gloves company. U invest becos u think the pe will move up to other gloves companies pe is it? Or there is something else tht not yet in recent quarter report?
I invest bcos of the strong management and good industry. I can sleep well now after they have released from fda detention and not to worry on the global outlook
Top glove got uk labour law issue. Are u saying they are weak ? For me; as long as they dont break the labour law , i will say the management is strong as a organisation need human capital .
Winter coming in China. Super cold Many glove plant in china will have to shutdown to control the coal burning msia glove factory will be in high demand.
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hyino
452 posts
Posted by hyino > 2018-11-22 16:52 | Report Abuse
drop back , no hope