Posted by dalpinia > 2020-04-17 11:05 | Report Abuse

Another point many people forgotten, when demand is over the supply, comfort can easily increase the selling price by 10-30%. Just like tha masks that everyone bought recently. Before covid the selling is rm0.3-0.5 per pc, now rm1.5-2 per pc.

Let say if Comfort revenue is RM100m, PBT Rm10m before covid, if they increased price by 20%, their PBT is at least rm30m.

Posted by Newplayer286 > 2020-04-17 11:56 | Report Abuse

Comfort still no actions today is a good sign

Posted by fightingdragons > 2020-04-17 13:09 | Report Abuse

Why is that a good sign?

Posted by char1234 > 2020-04-17 13:12 | Report Abuse

if it can't penetrate 1.06 ....it will likely go down...

Posted by singchai5375 > 2020-04-17 14:00 | Report Abuse

today sure down! wait for next week!

Posted by Goldberg > 2020-04-17 14:06 | Report Abuse

Fair Value of Comfort Gloves

Valuations are very subjective hence there is not a single price that should be the fair value for a company. Nevertheless, the share price of a company should trade at a valuation multiple closer to the industry leader/average. Excluding Hartalega, the average P/E ratio of TG, Kossan and Supermax is 31.83x [(44.7+29.0+21.8)/3].

The minimum fair value of Comfort Gloves's share price should be RM1.26 while the maximum fair value is RM1.84. I will exclude the calculation based on Top Glove's P/E ratio because it is too high and there is a specific reason why Top Glove trades at that multiple.
Given the increasing demand for medical gloves, it is evident that Comfort Gloves will continue to deliver a strong financial performance especially for the Calendar Year 2020. The closing price as at 30 March 2020 is RM0.82 indicating a 54% discount to the minimum fair value of its share price (RM1.26). Remember, that number hasn't even incorporate the rapidly rising demand for medical gloves.

Posted by char1234 > 2020-04-17 14:36 | Report Abuse

then we should buy on Monday.. like ..Singchai say

Posted by calvintaneng > 2020-04-17 14:39 | Report Abuse

LUXCHEM VERSUS COMFORT GLOVES, RUBBEREX, TOP GLOVE, HARTA, SUPERMAX (Compare & contrast) Calvin Tan Research

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-04-17-story-h1506016450-LUXCHEM_VERSUS_COMFORT_GLOVES_RUBBEREX_TOP_GLOVE_HARTA_SUPERMAX_Compare.jsp

COMFORT GLOVE IS GOOD AS IT IS MOSTLY INTO EXAMINATION GLOVES

COMFORT GLOVES GO GO GO!!

GO GO POWER RANGER!!

Posted by monetary > 2020-04-17 14:52 | Report Abuse

v manipulative. suda kena 1x in Jan bcoz didn't cut win. comfort ocncash abang adik.

Posted by investopology > 2020-04-17 14:56 | Report Abuse

seem like no energy. no need to see already. enjoys the weekend.

Posted by pang72 > 2020-04-17 15:28 | Report Abuse

.... Next week booming again...

Today lead by big 4...

Dont regret

Posted by pang72 > 2020-04-17 15:28 | Report Abuse

My Facebook live n karma sifu inside..

Apa Lu takut...

Posted by pang72 > 2020-04-17 15:50 | Report Abuse

No matter how you sell at 1.01.. It still 1.01...

Good

Posted by ahbah > 2020-04-17 17:17 | Report Abuse

Buy, still very chip when compared with others.

Posted by pang72 > 2020-04-17 17:18 | Report Abuse

Interesting at 1. 01 absorb whole days volume....
The guys are good!

Posted by pang72 > 2020-04-17 17:19 | Report Abuse

Kasi pecah 1.20 next week..

Posted by ahbah > 2020-04-17 17:20 | Report Abuse

No problem !

Posted by char1234 > 2020-04-17 19:23 | Report Abuse

have a great weekend .....stay home to be healthy

Posted by thanos2020 > 2020-04-17 19:26 | Report Abuse

No problem for sure, I think Comfort already obtained MITI approval for full capacity production since they are under critical sector category...

Posted by thanos2020 > 2020-04-17 19:39 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/04/17/rubber-products-makers-relieved-smes-can-resume-ops

Posted by char1234 > 2020-04-17 22:08 | Report Abuse

this is good news ...next week must break the 106 else ....no show

Posted by ahbah > 2020-04-17 22:10 | Report Abuse

Add

Posted by chtan33 > 2020-04-17 23:35 | Report Abuse

which idiot promote about KYY golden rule...

Posted by Cnlim > 2020-04-18 06:53 | Report Abuse

Kiasutrader 123 blog

Posted by Goldberg > 2020-04-18 08:55 | Report Abuse

Comfort Gloves has ample scope to ramp-up production.

Six new lines commenced in 1QFY21. The six new lines commenced operation in Feb 2020. This, alongside the existing 49 production lines in the two plants in Simpang and Matang, Taiping, are running at close to full capacity, which collectively can produce between 430-450m pieces of gloves/month. The commencement of the new lines is timely as it helps to cater for both existing demand as well as the global surge in demand – arising from the unexpected outbreak of the COVID-19 pandemic.

Beyond current expansion, I believe more capacity may be added in the future, as the company had acquired about 39 acres of land in Perak in 2018 that can potentially house more capacity ahead. As demand for nitrile and specialty gloves increase. The potential capacity expansion could help to capture more market share moving forward, given its niche in the premium specialty gloves segment.

Posted by Rishi > 2020-04-18 12:21 | Report Abuse

It's a good time to accumulate till end of this month

Comfort Rubber Gloves Industries Sdn Bhd

Established in 1993 in Taiping and currently led by Lau Chee Meng, Comfort Rubber Gloves Industries Sdn Bhd is listed on the Main Board of the Malaysian Stock Exchange. It produces nitrile, latex, powdered and powdered-free examination gloves. Its gloves are exported to countries such as Northern America, Oceanic Countries, Middle East Countries, Europe, South America, Africa, and the Asia-Pacific region. It also won the Export Excellence Award (Mid-Tier Company Category) during the MREPC Industry Awards 2018.

Did a little research and sharing to everyone, on who are their customer.

Posted by digi_three > 2020-04-18 12:30 | Report Abuse

Pumping in more! What’s the TP here ??

Posted by dreamingpanda > 2020-04-18 15:33 | Report Abuse

uncle golden rules appear here liao meaning opportunity come liao loh...

Posted by pang72 > 2020-04-18 15:59 | Report Abuse

Let him buy enough to publish article.
We sit for profit

Posted by Rishi > 2020-04-18 16:09 | Report Abuse

Top GLOVe will meet with International Trade and Industry Ministry to seek for approval to allow glove manufacturers to run with full workforce and exempt packaging industry from the restricted movement order, the chairman said. --> If all glove company can get exemption from this then all the glove stock would go up

Posted by Rishi > 2020-04-18 16:09 | Report Abuse

Where is the article of KYY golden rule ? can anyone share it to me here?

Posted by CharlesT > 2020-04-18 16:25 | Report Abuse

Momemtum is there as long as koon Bee is ard...

Posted by mf > 2020-04-18 16:25 | Report Abuse

(Reuters) - Singapore's health ministry confirmed 942 new coronavirus infections on Saturday, a new daily record, taking the total number of COVID-19 cases in the city-state to 5,992.

powered by Rubicon Project

The vast majority of the new cases are of "work permit" holders living in foreign worker dormitories, the health ministry said in a statement on Saturday.

Posted by Boon Keng > 2020-04-18 17:49 | Report Abuse

Weekend still discussing this comfort mean everyone is looking positive toward. Hopefully Monday can go up above 1.06

Posted by JN88 > 2020-04-18 17:58 | Report Abuse

COMFORT gloves production 4.1 billion pieces.....KOSSAN 32.5 billion pieces....!!!!!!TOPGLOV 90 billion pieces HARTA 44billion PIECES....lol comfort con your bird...

Posted by sell > 2020-04-18 18:04 | Report Abuse

MCO to end soon?

Posted by sell > 2020-04-18 18:06 | Report Abuse

Covid-19: 54 new cases, 135 recovered
https://www.thestar.com.my/news/nation/2020/04/18/covid-19-54-new-cases-135-recovered-death-toll-now-at-88

Posted by ks5S > 2020-04-18 19:12 | Report Abuse

comfort have 32 acre land. . This will at least give additional 12 bil expansion. Total will be 16 bil.
therefore, it deserve at least pe 20 .
comfort is small but nimble.

Posted by mf > 2020-04-18 19:42 | Report Abuse

https://www.hmetro.com.my/global/2020/04/568295/covid-19-indonesia-catat-lebih-6000-kes

Posted by thanos2020 > 2020-04-18 19:43 | Report Abuse

Comfort's current max capacity is 5.4billion pcs of gloves with new 6 lines opened already in Feb 2020.

Posted by thanos2020 > 2020-04-18 19:46 | Report Abuse

Additional lines will be in the pipeline in view of the continued increase demand of gloves from 2020-2021

Posted by Philip ( Random Walk Theorist) > 2020-04-19 07:21 | Report Abuse

Sell LUXCHEM buy NETX.

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-03-25-story-h1485637446-TIME_TO_LOAD_UP_ALL_OVERSOLD_NFCP_FIBERISATION_STOCKS_NOW_NETX_REDTONE_.jsp

Posted by Sslee > 2020-04-19 08:32 | Report Abuse

Haha,
Since when Pilip also stoop to this low level as troll?

Posted by i3lurker > 2020-04-19 08:34 | Report Abuse

a Troll is always a Troll, no spots changing whatsoever.

will always keep lying no matter what.
Lies and lying is already inside his DNA

Posted by Sslee > 2020-04-19 09:07 | Report Abuse

And also a copyright thief of using Calavintaneng article to hang his big banner "Sell LUXCHEM Buy NETX" in Comfort forum. He must be trapped high in NETX and so desperate to promote NEXT.
Calvintaneng should take up a lawsuit seeking compensation from Philip for using his article without prior permission.

Posted by hafizisolehah88 > 2020-04-19 19:54 | Report Abuse

Yo guys. Tgh buat correction je tu.. Tggu je T4.

Posted by char1234 > 2020-04-19 20:47 | Report Abuse

hard to break 1.06 .... overbought position... likely go down

Posted by ks5S > 2020-04-19 20:58 | Report Abuse

ringgit will go down to 4.5
comfort next quarter earning may hit 12 million. Dividend announcement also coming.

Posted by mf > 2020-04-19 21:04 | Report Abuse

https://www.theedgemarkets.com/article/malaysia-shuts-palm-operations-part-sabah-after-coronavirus-outbreak

Posted by limitupupup > 2020-04-19 22:25 | Report Abuse

Tmr gap up again
https://www.klsescreener.com/v2/news/view/666547/%E7%AE%A1%E6%8E%A7%E4%BB%A4%E7%AC%AC33%E5%A4%A9-%E5%85%A8%E7%90%83%E5%B8%82%E5%8D%A0%E7%8E%87%E5%B0%86%E5%A2%9E%E8%87%B365-%E6%89%8B%E5%A5%97%E4%B8%9A%E5%A4%9A%E8%B5%9A30%E4%BA%BF