Aramco Bro @DJoker89 we came here with good intention to warn them about director disposing without any reason meh? and the infamous so called super investor shark and lackey's keep goreng goreng kacang until everyone kena toasted Now u see what happen? Stock market is very sensitive 1 especially uncertainty is most scarry 1 Uptrend like supermax is no limit dont know when stop ? Downtrend too very scarry 1 also same dont know when stop too ?
If im so think-skinned like these people and i have so much time, i would comment any useless negative comments like these retarded persons too...
However, i really have no time for all of your bullshits.
I hope newbies and ikan bilis don't get played by these people, uncle kky has much much more experience and insider news about comfort than these naysayers do.
The strong support is at 2.00. I recommend you to buy around 2.05. You have to decide yourself if you want to chase up the price. The stop loss is at 1.50.
Very great article written by Mr Koon and Mr OTB as the bull just started in March 2020 and the product of comfort is in great great great demand with 100% certainty for at least 1 to 1.5 years.
US FDA has detained significant gloves stocks at ports...... just that no one care when CoVID-19 at its peak. Now, once US ease lockdown, then will see the impact.
Malaysia Top 4 gloves company have no quality issue, just very high valuation, everyone crazy chasing.
Take advantage of the fearful and panicking is the way smart big sharks are hopeful for ch eaper price and this is the opportunity that they never let go and if not how to earned big money ? I will be taking advantage to add more if it happened to slide 2morrow .
Johnng8882020 Kuku Aramco now I m full of cash. This morning I sell all at 3.11. Now I m waiting to all in.I sell all my supermax too. Now I got almost 500k in hand. So who's the winner?? How many peanuts do u win today??
You r brady dam good (itchybang) bravo but sorry to say i only earn peanuts in paper only no cash How to compare/challenge rich boy like you who have 500k Aiyah to me 500k is peanuts aka kacang Have u seen anaconda pansai b4?
Airline Bobby Goreng ~ Goreng ~ Indo Mee Goreng + Telur Mata Kerbau ~~~
Aiyah u make me laugh Best write up so far in this forum Like mr bean very funny hohohoho What on earth u thought of this phrases mata kerbau? hahaha again
Look like uncle has a lot of shares not sold yet and he is panic now. The Leong Hup Director Lau should not keep selling the company as this is not good sign for the company. He so desperate for money?
the director bought their share from IRCB director on 30 cents when take over IRCB and change name to comfort. You all sorchai bought 3.00 instead of 0.30 cents
BlessedInvestor Look like uncle has a lot of shares not sold yet and he is panic now. The Leong Hup Director Lau should not keep selling the company as this is not good sign for the company. He so desperate for money?
Spot on, no one investor are complaining too much money....if it is so good ...he should keep it for long...and remember director always know something more thn the public...
Decide urself...Comfort is not only glove counter in this country.
but US FDA has Comfort in their list: Comfort Rubber Gloves Industries Sdn. Bhd
Comfort Rubber Gloves Industries Sdn. Bhd.Date Published : 05/26/2020 Lot 821, Jalan Matang , Matang, Perak MALAYSIA 80 F - - MC Glove, Patient Examination Date Published: 05/26/2020 Desc: Examination Gloves Notes: *Level 2 80 L - - YY Glove, Patient Examination, Latex Date Published: 05/26/2020 Desc: Examination Gloves
price keep goin up these two months.some analysis said overprice and director keep selling..and fda red flag..jaga jaga better. klcc height..limit down alot people jump lor.
As all investors should know that due to Covid 19 pandemic the demand for gloves far exceeds supply. As a result, the price for gloves continues to go higher and higher and all glove manufacturers are making increasing profit which is being reflected on their share prices. Among all the glove makers, I consider Comfort has the best profit growth prospect which is the most powerful catalyst to push up share price. Comfort’s financial ends in January 2020. Since February the company has added 6 new production lines to its original 49 lines. The increase production is most timely to take advantage of the higher selling prices of their gloves. Unfortunately, Comfort is relatively a small manufacturer and it does not have so much of publicity as Supermax which has shot up Rm 1.15 today. Today Comfort went up 22 sen.
From my experience during the SARS pandemic when I was the 2nd largest shareholder, I noticed that the demand for gloves would continue even after the Covid 19 pandemic was under control because the people who needed to use gloves got used to the routine of using gloves. In any case, many scientists predicted Covid 19 pandemic will not be under control for at least another year until a vaccine is approved by FDA.
US Import Alert
Some investors might be concerned about the US Import alert warning published on 25 May 2020 to control the quality of imported gloves to US. THIS IS A GENERAL NOTICE AND COMFORT IS NOT SPECIFICALLY MENTIONED. In any case, US is not the only buyer of gloves. Comfort can sell to China, Europe and many other countries.
Dato Lau Eng Guang selling
Some investors might be concerned by the sale of shares by Dato Lau Eng Guang, He has been selling a couple of million shares a day. He sold a total of 13,750,000 shares which could not have dampened the share price because the daily traded volume is 80-100 million.
Institutional Investors:
Institutional investors usually hold many counters in their portfolio. Most of their holdings are being depressed by Covid 19 and they have to sell to cut loss. There are not many stocks for them to buy except Comfort, Supermax etc. That is why the daily traded volume is 80 to 100 million shares. This shows that many rich institutional investors are interested in this stock.
My purpose of writing this piece is help readers to make good decisions. You must remember, whether you buy or sell does not make any difference because the daily volume is so huge.
What you should do?
I see from the i3investors forum, some commentators are wishing the price to go up, some are wishing the price to drop and some are so confused and they do not know what to do. Since it has been fluctuating quite wildly, day traders can buy and sell to make some money. But remember, long term investors can make more money by just buy and wait for it to go high and higher until the demand for gloves is reduced or when the company starts to report a reduced profit. You should not sell as long as the company can continue to report increasing profit.
Supermax will take the lead and comfort will follow behind . Any panic selling grab and must be faster than those big timer who can sapu one lump sum to maximize profits at lightning speed . This is what l learn and experience when the price dip sharply , you hardly can buy much since the speed of rebounding just as equal .
Updates: The strong support is at 2.00. I recommend you to buy around 2.05. You have to decide yourself if you want to chase up the price. The stop loss is at 1.50.
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Posted by hooi > 2020-05-27 22:09 | Report Abuse
Lousy company. no fundamental at all.