Probability.. I had said your group can't make glove price to drop to take advantage to buy low... You should remove all those negative posting which is misleading.
I agree with you pang. By the way, unless I was on drugs there was mention you didn't own any shares in Comfort? Change of heart? LOL
Posted by pang72 > May 4, 2020 5:02 PM | Report Abuse
Probability.. I had said your group can't make glove price to drop to take advantage to buy low... You should remove all those negative posting which is misleading.
"I am sorry that I wrongly stated Comfort’s annual production was 450 million gloves. It should be 450 million per month and its annual production should be 5.4 billion gloves. Comfort Gloves
Currently Comfort is producing 450 million gloves per month or 5.4 billion gloves annually. From February it has added 6 new production lines to its existing 49 lines. The production increase is timely to take advantage of the higher sale prices.
Comfort has issued 580 million shares. Based on its current share price of Rm 1.55, its market capitalization is Rm 900 million.
Rubberex
Currently Rubberex is producing 1 billion gloves annually. Its new production plants which is scheduled to start operation in June has a production capacity of 2 billion gloves annually. The total production will be 3 billion gloves annually.
Rubberex has issued 252 million shares. Based on the its current share price of Rm 1.75, its market capitalisation is Rm 441 million."
Many thanks for putting the record straight Uncle KYY as such an error is misleading.
MR CHEANG PHOY KEN Managing Director Malaysian / aged 66 / Male Cheang Phoy Ken was appointed to the Board of Directors of Comfort Gloves Berhad as Managing Director on 11 January 2013.
Cheang Phoy Ken graduated with a Bachelor of Business Administration from the University of Houston in 1978. He has more than twenty years’ experience in manufacturing and marketing of medical examination gloves industry. He was the Founder and Chief Executive Officer of Disposable Medical Product, Inc from 1987 to 1994, a medical glove marketing and distribution company focused on the dental and medical industry. From 1994 to 2007, he was involved in the management of Pacewell Asia, subsidiary of Seal Polymer Industries. From 2007 to present, he conducts medical examination glove consulting and sourcing initiatives on behalf of select clients.
I can’t post info here. If you want to check, then go to investing.com and key in comfort company name. Look at the chart to max. You can see till 2004. In year 2009, comfort went up more than 5 times.
KYY talk kok and boast rubberex can produce from 1 billion glove to 3 billion from new production plant by june . OMG 1 to 3 billios overnight . God must be crazy only blind follower will believe. FYI never heard b4 company turnover triple overnight , share price triple overnight got lah
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Posted by probability > 2020-05-04 16:30 | Report Abuse
today i made a lot of money $$$ from Comfort & Rubberex!
Thanks uncle Koon & Pang72...
they are the ultimate super investor!! One in a million....