the best stock to monitor for Dec if you compared other stocks fall in Dec quarter result, as all the rubber stocks have significant growth in 2015 due to strong US dollar. Note: if you know who are the management behind comfort.
lol nekosan, if you want please share, don't share abit dont share abit. We all over here would really appreciate if you could share with us what you know.
ComfortZone to enter now. It's normal thing when the company converted their warrant to mother share..bcoz they wanna it fast track to sell via open market and company can generate capital to run their bizness
I recently visited their factory in Matang. Very impressive compared to time under previous management. Already bought neighbouring land and expanding with new double formmer line. Potential for further growth. At price of 0.72 the effective price before 2 become 1 is 0.36. Infact share price has not moved at all despite out of PN 17 profit making and zero gearing. Nekosan what is your game?
Angku,Generally company will not allow, unless you are major buyer of their products,bankers and fund managers. However you can write to them as shareholder to be allowed a visit. Discretion is theirs.
100000 shares can or not? =P Whatever it is it is okay, their graph pattern starting from Dec 15 till Dec 15 2016 will be like Topglove. I think a possible 30-40% return in 1 year.. Just hold lor everyone.
As at 31-7-15, company has FA of 67M and FD/cash 18M, this is supported by paid up capital of only 43M and it has reserves of 61m. Borrowing is also small at 4M. With this small capital,the company is able to generate 6 months turnover of RM109M n PBT of 9m. Projection for the whole year under present condition will be turnover 220M and profit of 18M. A smallish glove co with this set of figure...what is your take?
Noeyeseelo, there are always many rumors in this forum. Now good news or bad news I also no eye see jor. Just wait for the quarter results to decide. But if you are not feeling comfortable just sell lah.
At this price level, downside risk is minimal. We are all speculating about the 3rd quarter results.....I don't think it would be bad as since July RM has weakened against USD from about RM3.8plus to RM4.2plus these days, and this benefits export based industry like glove-making companies. If buy now, once 3rd quarter results announced are good, it will go up. If you want to be more certain, then wait till 3rd quarter results announcement(if results good, you might not be able to buy at this level). This is a growth company (company expanding, building new plant) with good new management, my take at this level RM0.735, good price to buy! Good luck!
Current year prospect for Comfort Gloves Bhd: Despite the current backdrop of a sluggish economy,the Group is able to maintain its sustainable growth.The focus on speciality gloves has slightly cushion the Group on the nitrile gloves war.To alleviate the the impact of gas hike and raw material price fluctuation,the Group acts proactively to roll out plans on materials handling improvements and energy savings.Plant layout modifications are carrying out stage by stage to maximise flexibility of production facilities at lowest cost of production
The strengthening of USA against RM which contribute positively to the Comfort Group's profit On going projects are implemented by management to produce quality gloves at lowest cost and to develop new market opportunity
Told u d nekosan brother. It is still not too late, the reason you keep coming back here is because you are still interested n I can tell you you are not too late n it has the potential to go 85sen by 31st.
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Posted by ltlMBA > 2015-12-01 22:42 | Report Abuse
the best stock to monitor for Dec if you compared other stocks fall in Dec quarter result, as all the rubber stocks have significant growth in 2015 due to strong US dollar. Note: if you know who are the management behind comfort.