Posted by karimboss > 2020-05-20 10:52 | Report Abuse

Those didnt buy must be sakit hati

Posted by Steven234 > 2020-05-20 10:54 | Report Abuse

now oil and gas counter is over, they no where to go, ONLY HEALTHCARE GLOVE!!

Posted by Predict_Future > 2020-05-20 10:57 | Report Abuse

Haih rest la
Tired ady afternoon continue

Posted by Predict_Future > 2020-05-20 10:58 | Report Abuse

Today TP 2.48
Afternoon session will boost , @MJ Lee so you decide ba. Buy or Run

Posted by investopology > 2020-05-20 10:59 | Report Abuse

sideway. seem like waiting supermax result?

Posted by Predict_Future > 2020-05-20 11:00 | Report Abuse

Faster sell for those contra player, I need to collect more at 2.25

Posted by investopology > 2020-05-20 11:07 | Report Abuse

2.290 many seller. need to clear it and stand strongly above 2.30 only got show. or else is just play on news.

Posted by Jokers2020 > 2020-05-20 11:09 | Report Abuse

kyy going to sell some..run now

Posted by thomas28 > 2020-05-20 11:09 | Report Abuse

https://koonyewyin.com/2020/05/20/comfort-price-correction-overdone/

Posted by mockingjay87 > 2020-05-20 11:09 | Report Abuse

https://koonyewyin.com/2020/05/20/comfort-price-correction-overdone/

Posted by thomas28 > 2020-05-20 11:09 | Report Abuse

buy call

Posted by Jokers2020 > 2020-05-20 11:09 | Report Abuse

New post: 'Comfort price correction overdone'

https://koonyewyin.com/2020/05/20/comfort-price-correction-overdone/

Posted by Ng Chian Zhong > 2020-05-20 11:09 | Report Abuse

Just to update your guys, glove price will be increase 5% to 8% per month in June 2020 onward.

https://themalaysianreserve.com/2020/05/20/record-earnings-expected-for-glovemakers-in-2020/

Posted by investopology > 2020-05-20 11:10 | Report Abuse

wow uncle bought back comfort at low....
https://koonyewyin.com/2020/05/20/comfort-price-correction-overdone/

Posted by ks5S > 2020-05-20 11:14 | Report Abuse

uncle come out a new book title " I feel comfort"
Just released . Can buy from MPH

Posted by investopology > 2020-05-20 11:18 | Report Abuse

can go back to 2.75 new high before next month?

Posted by Henry8833 > 2020-05-20 11:19 | Report Abuse

The target price is surprisingly very high... refer to KYY article

Posted by karimboss > 2020-05-20 11:21 | Report Abuse

KYY+OTB=Limit Up Very Soon

Posted by George Leong > 2020-05-20 11:21 | Report Abuse

Where are all the ppl who criticise Comfort?

Posted by karimboss > 2020-05-20 11:21 | Report Abuse

Limit Up RM2.66

Posted by Newplayer286 > 2020-05-20 11:22 | Report Abuse

Stochastic double gold Cross + Macd gold Cross in hourly chart, volume in, formed small double bottom support at 1.98 resistance 2.41/2.75.

Posted by karimboss > 2020-05-20 11:22 | Report Abuse

Koon Yew Yin 20 May 2020

Yesterday the share prices of all the glove makers including Hartalega, Top Glove, Kossan, Supermax, Comfort, Rubberex and Careplus without exception dropped due to profit taking. It is unusual in the stock market for all these shares in the same industry to dropped simultaneously. However, people always follow the crowd, like a herd of saheep. It is called a herd mentality as demonstrated by the picture below.


As I said before, due to Covid 19 pandemic, the demand for gloves far exceeds supply. As a result, the glove price continues to go up higher and higher and all glove makers are making more and more profit which is being reflected on their share prices. This situation will continue until Covid 19 in under control. Many scientists predicted that Covid 19 pandemic will not be under control for at least another year until a vaccine is discovered and approved by FDA of USA.

As I said before, no stock can continue to go up or down for whatever reason. After sometime, it will change the trend direction. In the case of Comfort, I believe the price correction is overdone. It should rebound soon, likely today. You can see a 1 month and a 5 days price charts below for your reference.



By the way, last night Mr Ooi Teik Bee sent out his weekly share recommendation circular to all his subscribers. His target price for Comfort is Rm 5.56.

I think Mr Ooi Teik Bee will not mind if I re-product part of his recommendation for Comfort as below:

How I derive Profit before tax of 216 million in FY 2021

FY 2021 starts from February 2020 to January 2021.
I take the revenue of Q4 2020 result to be used to calculate PBT.
The price increase on glove is 30% in FY 2021, PBT= 139 million * 30% = 41 million.
The average PBT in Q4 2020 is around 13 million, total PBT = 41 + 13 = 54 million.
I assume the PBT per quarter in FY 2021 is 54 million per quarter.
I did not take into consideration the production cost reduction in term of lower raw material cost.
I also did not take into consideration of the 12% capacity increase in 2021.
I assume 25% income tax, below is my projected PAT for 2021.
Stock Year Price Revenue PAT EPS PER Target price Gain %
Comfort 2021 2.05 556 162 0.28 7.38 5.56 171%

Posted by up88up > 2020-05-20 11:23 | Report Abuse

If comfort can reach 5.50, supermax should be higher

Posted by karimboss > 2020-05-20 11:24 | Report Abuse

His target price for Comfort is Rm 5.56.

Ini kali can drive ferrari soon.

Posted by Buy0nRed > 2020-05-20 11:24 | Report Abuse

yesterday sold at 2.00 for small profit, now regret. waiting for next entry.

Posted by karimboss > 2020-05-20 11:24 | Report Abuse

Btw bank give Supermx RM6, OTb give comfort RM5.56. Got logic?hmm

Posted by thomas28 > 2020-05-20 11:26 | Report Abuse

tomorrow wont be any cheaper

Posted by Eddiesan > 2020-05-20 11:26 | Report Abuse

2021 tp 5.56. Fuhh .....

Posted by karimboss > 2020-05-20 11:27 | Report Abuse

KYY got 100M + OTB got 50M + Kuda Kuda = Fatt Tatt lo

Posted by Abang Mad > 2020-05-20 11:29 | Report Abuse

5.56 hehe....

Posted by ochai > 2020-05-20 11:31 | Report Abuse

buy high dy. .. sell higher... yahoo!!!!

Posted by Ikigai > 2020-05-20 11:31 | Report Abuse

uncle give 5.56 tp

Posted by 晓雨霖 > 2020-05-20 11:32 | Report Abuse

https://koonyewyin.com/2020/05/20/comfort-price-correction-overdone/

Posted by Endgame > 2020-05-20 11:35 | Report Abuse

Good to play swing

Posted by Endgame > 2020-05-20 11:35 | Report Abuse

Red buy, green sell

Posted by investopology > 2020-05-20 11:36 | Report Abuse

wow so high TP, he must know something... maybe the june result is super best. and his golden rules apply...can readh 5.56.

Dayang he gave Tp3 and really hit.

Posted by joyvest > 2020-05-20 11:38 | Report Abuse

all in ................ sai lang

Posted by youth_88 > 2020-05-20 11:39 | Report Abuse

5.56 ?? if can reach 3.00 already very good lo...

Posted by PotentialGhost > 2020-05-20 11:41 | Report Abuse

Sick old man , no wonder why he lose huge in dayang , sendai , jaks , flbhd ,mudajaya .

Posted by greatinvestor > 2020-05-20 11:41 | Report Abuse

I’m not greedy target 3 enough for me. Just in

Posted by Abang Mad > 2020-05-20 11:43 | Report Abuse

3 riyal close this afternoon

Posted by lollipopkan > 2020-05-20 11:43 | Report Abuse

Idgaf, my ep is rm1.20.

ONG AH HUAT AH

Posted by Newplayer286 > 2020-05-20 11:44 | Report Abuse

joyvest u change so fast la....negative comments last few days then now sai lang

Posted by lollipopkan > 2020-05-20 11:44 | Report Abuse

Deek sucker, that's what he is.

Posted by investopology > 2020-05-20 11:45 | Report Abuse

if rm3 is enough for you, now 2.35 is very cheap for you. haha.

seem uncle is back.

Posted by Abang Mad > 2020-05-20 11:45 | Report Abuse

expected price right

Posted by Ikigai > 2020-05-20 11:47 | Report Abuse

where is Joyvest ? perhaps uncle said correctly bout the sheep and the herd. he is one of them

Posted by LA777 > 2020-05-20 11:50 | Report Abuse

Huat arrr!!!

Posted by investopology > 2020-05-20 11:55 | Report Abuse

Today close 240 above? all those oils, construction, and plantation retailer switch to glove counter soon.

Posted by joyvest > 2020-05-20 11:58 | Report Abuse

sai lang .................... cos it is cheap to buy