I'm not interested to promote any stock in the market .I'm interested in making money in trading of stocks while the market is still good.happytrading on Wednesday everyday there are few stocks to punt n make money don't to depends n so sifu. Last Friday dsconic
Cnlim Well very kind but you said say sell only without your forecast on this quarter result please don't simply comment just because glove counters bull rally cas of covid 19. If you have bad experience n loss preciously cas you are greedy n enter late or at the end of the cycle. In stock market is zero sum game if you don't know how to punt better don't enter the market blame yourself if we lose n become wise.happy trading you must know the game 24/05/2020 10:46 AM
Wah talk like expert Bravo Congatulation May God Bless you again and again Wish you good luck
Aiya, apa u susah. Tis comfort is for trading only. Got ppl get rich, oso got ppl pokai ma. Chinese said, mau makan ikan masin mesti blh tahan dahaya ma
Hengyuan yuan show. I m there also. I make 3x of profit. 30 target is just a guide. 16 is more than enough. That's what I said right time, right place, right person theory. Glove is on track for bull run.
Not because of covid, even 1.2 also not worth. Bc low demand and over supply problems. But now situation change. 3 months mco make everything change. Now even 4 also still cheap bc no hope for other sectors at this moment.
Haha talked like expert don't make money unless you are giving lectures to earn a living. Professional traders don't talked alot n comment unnesary they are very objective in the stock market punting only to make money
Enquire @Aramco what is a good tp to enter Comfort? 2.50? 2.20? 1.90?
Please refer to shark and his lackey's and dont forget the so call expert Cnlim and Comfort director who dispose non stop so many of his shares last few days
since vaccine already showing promising results, glove demands will decrease slowly.
this share price is due to covid-19, how much was its worth when there was no covid? IT WAS RM 0.6 ~ rm 1.xx
exiting from this supermax now, its too high and look like will drop due to correction...every stock will have bubble, the matter is when it burst then u get trapped at high.
don't forget that China has already started its glove factory, let me remind u that China accounts for 10 percent of the global supply of single-use nitrile and latex gloves..China has already started its production and they will be supplying to other countries, MALAYSIA IS NOT THE ONLY GLOVE EXPORTER
China accounts for 10 percent of the global supply of single-use nitrile and latex gloves. As the Chinese government extended the Lunar New Year holiday as a result of the virus outbreak, many factories were delayed by almost two months in ramping up their production. Only now have most Chinese factories resumed full capacity production and relatively few could add additional capacity to meet this new demand at a time when they are filling months of backorders.
good to be ambitious but dont be greedy..know when to take profit and enjoy what you have
i rather invest in ruberex and comfort....supermax is where the sheep herd go then get trapped at high...DJoker89 & Aramco, u can make out with each other since u guys so obsess with supermax ;) hahahahahhahahaha
ravindran223 i rather invest in ruberex and comfort....supermax is where the sheep herd go then get trapped at high...DJoker89 & Aramco, u can make out with each other since u guys so obsess with supermax ;) hahahahahhahahaha
Congratulation May god bless you again and again Thank you
Enquire @Aramco is it unsettling to know that one of the director is disposing lot of his share. If u own a business that make abundance of profit will u dispose off the share or company?
Stock: [COMFORT]: COMFORT GLOVES BHD
May 24, 2020 1:02 AM | Report Abuse
Stock: [COMFORT]: COMFORT GLOVES BHD
May 23, 2020 5:23 PM | Report Abuse
Stock: [COMFORT]: COMFORT GLOVES BHD
May 21, 2020 10:48 PM | Report Abuse
FYI go check at BURSA webside 21-May-2020 Insider DATO' LAU ENG GUANG (a substantial shareholder) disposed 3,500,000 shares on 19-May-2020. 21-May-2020 Insider DATO' LAU ENG GUANG (a substantial shareholder) disposed 1,623,900 shares on 19-May-2020. 21-May-2020 Insider DATO' LAU ENG GUANG (a substantial shareholder) disposed 1,900,000 shares on 18-May-2020. 21-May-2020 Insider DATO' LAU ENG GUANG (a substantial shareholder) disposed 1,445,800 shares on 18-May-2020. 21-May-2020 Insider DATO' LAU ENG GUANG (a substantial shareholder) disposed 735,250 shares on 18-May-2020. 21-May-2020 Insider DATO' LAU ENG GUANG (a substantial shareholder) disposed 240,000 shares on 18-May-2020. 20-May-2020 Blog Comfort price correction overdone - Koon Yew Yin 20-May-2020 Blog Comfort: Day traders can make money but long term investors can make more money - Koon Yew Yin 20-May-2020 Insider DATO' LAU ENG GUANG (a substantial shareholder) disposed 1,400,000 shares on 15-May-2020. 19-May-2020 Blog Glove makers fall on profit taking 19-May-2020 Insider DATO LAU ENG GUANG (a substantial shareholder) disposed 600,000 shares on 14-May-2020. 18-May-2020 Insider DATIN GOH KIM KOOI (a substantial shareholder) disposed 969,400 shares on 13-May-2020. 18-May-2020 Insider DATO LAU ENG GUANG (a substantial shareholder) disposed 969,400 shares on 13-May-2020.
Long list some more but need time to check
Stock: [COMFORT]: COMFORT GLOVES BHD 24/05/2020 11:58 AM
We are excited with Supermax prospects over the next few quarters following a 3QFY20 post result briefing. Specifically, Supermax is expected to gain from higher margins from both its gloves manufacturing and distribution channels due to abnormal demand and acute supply tightness. We expect higher margins going forward due to higher product mix skewed towards OBM distribution which accounts for 95% compared to 70% pre Covid-19 which we believe had caught us as well as market by surprise. Hence, we raised our FY20E/FY21E net profit by 6%/16%, to account for higher margins. TP is raised from RM6.60 to RM7.60 based on unchanged 26x CY21E EPS. Reiterate OP.
Dual-stream incomes from manufacturing and distribution. Specifically, Supermax is expected to gain from higher margins from both its gloves manufacturing and distribution due to abnormal demand and acute supply tightness. We expect higher margins going forward due to higher product mix skewed towards OBM distribution which accounts for 95% compared to 70% pre Covid-19 which we believe had caught us as well as the market by surprise at a time when of tight supply due to aggressive stockpiling of critical medical supplies including gloves. Typically, manufacturing OEM pre-tax margin ranges between 12% to 15% compared to Own Brand Manufacturing (OBM) pre-tax margin of 15% to 20%. In terms of demand, Supermax is getting enquiries from foreign government agencies, non-government organisations, retail and restaurants chains. Amplifying the pent-up demand, buyers are paying between 30% to 50% deposits in advance to secure glove supply and timely delivery. The delivery lead time has now risen from 45 to 60 days pre Covid-19 to 10 to 12 months currently. Case in point is Supermax’s overseas distribution centres which are experiencing fast inventory depletion from usual 4 months to within 6 weeks. Supermax expects the heightened demand to continue for the next 1 to 1.5 years. All in, we are bullish on higher-than-expected margins since ASP has been moving upwards week-on-week. As demand pick up, containers are shipping at prices higher than previous months.
Outlook. Plant 12 consists of Block A and Block B, each consisting of 8 double former lines with 2.2b pieces each (total 4.4b pieces). As of now, for Block A, its remaining 3 lines started commissioning in end March 2020 on top of the 5 lines already in commercial production. For Block B, all 8 lines are expected to be fully commissioned by 2H 2020. Upon full commercial production by 2H 2020, installed capacity will rise 13.4% to 26.2b pieces per annum.
Raised FY20E/FY211E net profit by 6%/16% after raising our pre-tax margin from 13%/14% to 16%/18%.
Undemanding FY21E PER valuation of 18x compared to expected earnings growth of 68%. Correspondingly, our TP is raised form RM6.60 to RM7.60 based on unchanged 26x CY21 revised EPS of 25.4 sen (at slightly above +2.0SD above the 5-year historical forward mean). We like Supermax because: (i) the stock is trading at an undemanding 18x FY21E EPS compared to expected earnings growth of 68%, and (ii) of its OBM model, where it can extract higher margin from distributor prices, compared to the OEM model at lower factory prices. Reiterate Outperform. Key risk to our call is longer-than-expected commercial operations of new plants.
Aramco , wait a minute.....wait a minute....paktua is everyone's worship idol in supermax ;) wait a minute, why so lame comeback ? no bullets to shoot already ah machaaaaa ??? deyyyyyy hahahahaha
ravindran223 Aramco , wait a minute.....wait a minute....paktua is everyone's worship idol in supermax ;) wait a minute, why so lame comeback ? no bullets to shoot already ah machaaaaa ??? deyyyyyy hahahahaha
im sad la guys, very sad, i think ah this guy ah i should say he is less clever or mentally challenged lah, aiyyoooooo .......first this less clever guy come here talk about Supermax then when no bullets for comeback,,, he dunno what to say then as me why i talk about supermax.......i can't make any sense lah....aiyoooo first u talk supermax then ask me why i talk supermax back ??? what ? hahahahhahahahah ,, sorry la bro when did u escaped from down syndrome center ??? please tell bro now MCO time u should not be out at this time, dangerous for u ....i tell u what, u call 999 and tell them u forgot down syndrome patient, tell u forgot to take your medicine and the side affect is u enter wrong glove counter already ;) :D
so this guy comes to comfort first and promote supermax, what a retarded person
Top Glove 2.568 B PE 79 - RM 11.66 eps 4.52 sen---------(RM 29.954 B) Harta---- 3.385 B PE 75 - RM 10.00 eps 2.05 sen latest -(RM 33.851 ) Kossan--- 1.278 B PE 48 - RM 08.63 eps 5.07 sen latest -(RM 11.037 B) Supermx-- 1.36 B PE 25 - -RM 05.40 eps 5.40 sen latest -(RM 7.345 B)
SUPERMAX the best among the top four and the cheapest share price and valuation 1)EPS the highest 2)Share prices the cheapest 3)PE lowest
Boon Keng @Aramco you are wasting time here. No need to worry, you can sell or dun buy. Let we earn the profits. You stay there sour grape better. 24/05/2020 12:20 PM I m wasting time here? I hate people tell lies like you lackey boy I got few acre of Kyoho vineyard Did i need to be sour grape Lackey boy
DJoker89 , very lame la comeback with keling word...think i will be triggered with keling word ? hahahahahahaaha ,, try go out in and say keling to Indians don't forget to record video and share link here ;)
be grateful that we get to witness sour grapes like these come out if their hiding spots. now their comments are written in black and white, and they'll get publicly shamed soon xD
@ravi, copy and paste and bring in other ppl into ur fight is the best u can do?
Copy and paste also u did it wrongly, frankly i get confused with what u trying to say here.
If got no valid point might as well just shut up...
Shhhh, go back hide in ur mummy's skirt...
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Aramco
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Posted by Aramco > 2020-05-24 11:09 | Report Abuse
thenextwave small boy arguing here and there.
so scared, put your money into FD.
burnt or not burnt, is not your problem
Why must u read , u can turn off your blind eyes?
But others need to know TUT