Its financial result should be out soon, before end of this month. But in this bearish market, even a good result won't help. Unless you are a day trader, just to earn a few bids then run away
Why high inventories bar you from buying as they may be stocking up due to new orders, and what is their receivables turnover day as compared to the past, eg getting better or worse. Don't make simple analysis like that. But I agree that insider selling, and I don't know what's the reason and but its probably because of the change of boardroom.
This qtr result up to Jan 20, not for Feb 20 above....outbreak of Covid, peak on Feb-March lol....next qtr even better result.... --------------------------------------------------- hooi Next quarter kena virus No output due to movement restriction 23/03/2020 8:37 PM
US lift bans on previous glove manufacturers to meet their demand for gloves for the pandemic. All glove companies will capitalized on this surge in demand incl comfort. Will have fantastic numbers at least for 2-3 more quarters to come
If Comfort latest qr report hasn't give you enough comfort, you should restudy the qr report again. Will price drop? Maybe. Value of comfort drop? No. Rmb comfort price is below pre-covid19. Hope that gives you enough comfort.
News of MCO extension came out during the lunch break yesterday. That was why there was a quick meltdown of the price to 66 sen yesterday, before it ended the day higher at 70.5 sen. So, much of the news had already been discounted by the market yesterday.
You can wait next correction to buy, or you can buy and come back 6 months later. Don't need to time the market. Yeah you missed 20% gain, doesnt mean you have to give up the 30% of the remaining gain. Most importantly is dont lose money in the market.
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tah16600
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Posted by tah16600 > 2020-03-16 11:32 | Report Abuse
Look like the syndicates sudah cabut last wk