Posted by VFTRADER > 2019-04-14 16:05 | Report Abuse

Coming week = OG + Glove??

Posted by 55880955 > 2019-04-18 19:29 | Report Abuse

the ringgit will be very weak soon.
the current govt follow what the past govt bad habit.
keep on doing bail out .... mas, felda, tabung haji, ....

Posted by 55880955 > 2019-04-18 19:32 | Report Abuse

https://www.thestar.com.my/business/business-news/2019/04/18/moodys-views-govt-rm6pt2b-aid-to-felda-as-credit-negative/

Posted by ks5S > 2019-04-23 21:53 | Report Abuse

Kwek leng chan from hong leong also one of cornerstone investor

Posted by VFTRADER > 2019-04-25 16:08 | Report Abuse

watch out 1st wk May after T+2 started. mb got hiccup....

Posted by VFTRADER > 2019-04-26 09:51 | Report Abuse

Month-end, big fund count profit loh........

Posted by VFTRADER > 2019-04-30 09:34 | Report Abuse

五月可考历‘高三’。。。。。

Posted by ks5S > 2019-04-30 18:05 | Report Abuse

Going to privatise soon by private equity and major shareholder. Just like yee ler

Posted by ks5S > 2019-05-07 16:13 | Report Abuse

Francis Lau buying today.

Posted by VFTRADER > 2019-05-08 08:50 | Report Abuse

Seems like Harta result will crash glove stocks.....

Posted by Johnfatt > 2019-05-08 09:00 | Report Abuse

topglove then followed by Harta, it is proven just wait and see

Posted by power_adapter > 2019-05-14 10:29 | Report Abuse

还没买comfort的有机会加码了

Posted by ks5S > 2019-05-15 08:58 | Report Abuse

https://www.thestar.com.my/business/business-news/2019/05/15/cimb-research-expects-rubber-gloves-to-benefit-from-us-china-trade-war/

Posted by ks5S > 2019-05-15 09:00 | Report Abuse

KUALA LUMPUR: CIMB Equities Research expects Malaysian rubber gloves to benefit from US-China trade war as tariffs will shift US glove demand from China to Malaysia.

It had on Wednesday maintained its overweight call with Supermax and Top Glove as its top picks in the sector.

CIMB Research said the US government has recently announced that it will be raising the tariff rate on US$200bil worth of annual imports from China to 25% from 10%.

On top of this, the US government also said that it could potentially further expand the 25% tariff rate to US$300bil worth of Chinese imports.

“We gather that gloves are among the items that will be affected (HTS codes: 3926.20.10, 3926.20.40 and 4015.19.05). Note that China is one of the world’s largest exporters of gloves, mainly vinyl ones (80% of total export volume) to the US, which are used in the non-medical field.

“We believe the tariff hike will increase the prices of all China glove exports (nitrile and vinyl) to the US. Besides resulting in China-made nitrile gloves to be uncompetitive in terms of pricing, this will also narrow the price gap between vinyl and rubber gloves, as the price discount between vinyl and rubber gloves currently stands at ~75-130%.

“This will likely result in more US-based importers choosing rubber gloves over vinyl gloves, given the latter’s lower price competitiveness. As at 1H18, 44% of US glove imports were plastic-based (vinyl) gloves,” it said.

CIMB Research said this could lead to higher demand for rubber gloves, which will benefit Malaysian glovemakers. Malaysia supplies an estimated 63% of gloves used globally.

The higher demand for rubber gloves should help ease the stiff pricing competition currently impacting Malaysian glovemakers due to rising capacities.

Also, the recent weakening of the ringgit vs. US$ (since end-1Q19: 2.2%) will further increase competitiveness of Malaysian glove exports. Based on our back-of-envelope calculations, every 1% weakening of the ringgit will increase glovemakers’ EPS by 0.4-0.5%. This assumes no forex cost savings are passed on to their customers.

“We maintain our Overweight call on the glove sector. At 24.9 times CY20 P/E (+0.5 times of five-year historical mean), the sector’s risk-reward profile is attractive, in our view, given its
defensive nature (amid a volatile market) and more favourable operating environment (higher glove demand, and weaker RM vs. US$).

"Our top sector picks are Top Glove and Supermax. We also have an Add call on Kossan

image: https://cdn.thestar.com.my/Themes/img/chart.png
, and a Hold call on Hartalega

image: https://cdn.thestar.com.my/Themes/img/chart.png
,” it said.
Read more at https://www.thestar.com.my/business/business-news/2019/05/15/cimb-research-expects-rubber-gloves-to-benefit-from-us-china-trade-war/#FIxOtfg0EIm7yycR.99

Posted by vxpoison > 2019-05-15 12:06 | Report Abuse

Comfort still can load meh?

Posted by ks5S > 2019-05-15 17:10 | Report Abuse

tomorrow leong hup ipo
comfort rocket and break 90 cents.

Posted by ks5S > 2019-05-15 18:18 | Report Abuse

wow,
Lau family buying near to 3 million share in comfort on 9 may.
Francis Lau want to takeover soon together with private equity.

Posted by VFTRADER > 2019-05-16 09:26 | Report Abuse

suspect those rejected gloves after factory QA might be sold to Poultry companies like TSCap & LHI at selling price a bit higher than recycle cost.....

Posted by gongkia > 2019-05-21 18:28 | Report Abuse

8,000,000+13,000,000 at 40c for themselves again.

Posted by ks5S > 2019-05-23 19:23 | Report Abuse

expect the next quarter profit will be 11 million . This will be 50% profit up compare with last year.
all machines are running full capacity non-stop until the chain sprocket break.

Posted by ks5S > 2019-05-23 20:00 | Report Abuse

financial year 31 jan 2019 profit is 27.9 mil. Bad luck year due to FDA issue.
the new financial year 31 jan 2020 profit may recover to 40 mil . Each quarter must make at least 10 mi.
With the new factory with 40 acres land at batu gajah perak coming up soon, this 40 mil can be achieved easily.

Posted by thenextwave > 2019-05-23 22:45 | Report Abuse

on this trade war, it would not end so soon and can last until years.
by then, the only industry that can survive is glove industry with the usd 1 to rm4.80 can happen anytime.

Posted by sheryn74 > 2019-05-27 12:34 | Report Abuse

What happened? Why drop so much?

Posted by Dakewlest > 2019-05-30 09:30 | Report Abuse

Bila mau naik ini kaunter???? I bought RM1 above last year

Posted by ks5S > 2019-06-03 13:34 | Report Abuse

comfort may be a target for takeover especially now china glove company affected by trade war.
those big player in china like hongray may move their operation to msia.
either they bought over factory in msia or start fresh.

http://www.hongray.com/product.php?id=5&lang=en

Posted by SuperPanda > 2019-06-13 15:42 | Report Abuse

queue at 0.805 a bit

Posted by SuperPanda > 2019-06-17 20:32 | Report Abuse

bought .80

Posted by miker > 2019-06-18 09:46 | Report Abuse

Next month AGM, proposed share buyback ~ 10%......retained profit ~ 45 million...huhuhu

Posted by ks5S > 2019-06-18 20:58 | Report Abuse

The Best Turnaround Story of the year 2019 Award belongs to Comfort.
After recover from FDA detention, comfort will return to growth again.
Quarter report will announce next week. Expect make 10 million profit . Explosive jump.

Posted by gongkia > 2019-06-19 08:12 | Report Abuse

raw material spike (topglove) and also be wary of comfort boss love to dilute shareholders ownership by taking up huge cheap/discount esos share for his own.

Posted by lck1300 > 2019-06-20 14:08 | Report Abuse

can collect abit ? all glove counter is go uptrend but this is going new low

Posted by antidebt > 2019-06-20 17:25 | Report Abuse

top glove product nitrile latex ratio is 60/40
comfort is 80/20.

Posted by SuperPanda > 2019-06-20 17:41 | Report Abuse

gongkia has a point.. maybe hard to get better qoq at 9m but better yoy >7m should be good

Posted by wakarimas > 2019-06-20 18:39 | Report Abuse

result almost come out. Price drop from 88cent to 80 cent , around 10% this two months. So, seems like the result wont be good this coming quarter, see the price already know.....

Posted by jolow > 2019-06-20 21:42 | Report Abuse

today volume 2.1 mil
92% (or 2 mil) buying at 0.79
i think analyst will upgrade comfort if result is good. Someone inside is collecting.

Posted by miker > 2019-06-20 21:47 | Report Abuse

Today buying : selling rate 5:1, who is collecting? asorbing?

Posted by lck1300 > 2019-06-21 11:41 | Report Abuse

ok , push up , push up , push more ~!
let's go ~!

Posted by Tete7893 > 2019-06-21 13:11 | Report Abuse

good QR ?

Posted by miker > 2019-06-21 14:59 | Report Abuse

Next month AGM, proposed share buyback ~10%, with retained profit 4X million....

Posted by ks5S > 2019-06-21 15:39 | Report Abuse

sure result very good.

Posted by xcu843 > 2019-06-24 19:06 | Report Abuse

Result out

Posted by ks5S > 2019-06-24 19:13 | Report Abuse

Revenue up 13%
Net profit up 14%
Growth continue

Posted by PotentialGhost > 2019-06-24 20:08 | Report Abuse

GG, compare to December revenue drop too much. Doesn't see growing.

Posted by VFTRADER > 2019-06-24 21:01 | Report Abuse

The increase of cap w output turn to revenue will be reflected in nx QR release hopefully...

Posted by Tete7893 > 2019-06-24 22:19 | Report Abuse

2 moro fly

Posted by SuperPanda > 2019-06-24 23:16 | Report Abuse

as expected
________________
SuperPanda gongkia has a point.. maybe hard to get better qoq at 9m but better yoy >7m should be good
20/06/2019 5:41 PM

Posted by SuperPanda > 2019-06-24 23:18 | Report Abuse

with the result and upcoming expansion plan, at .80 is a good price to keep

Posted by lck1300 > 2019-06-25 11:09 | Report Abuse

no power , no hope big player control , dont want push

Posted by ks5S > 2019-06-25 11:20 | Report Abuse

https://www.thestar.com.my/business/business-news/2019/06/25/comfort-gloves-earnings-to-be-driven-by-expansion-plans/

Posted by ks5S > 2019-06-25 11:32 | Report Abuse

https://klse.i3investor.com/blogs/MplusOnline/212207.jsp