1 Cheang Phoy Ken 101,631,550 18.09 4,333,000* 0.77 105,964,550 18.86 2 Lau Joo Yong 36,377,050 6.53 - - 36,677,050 6.53 3 Keen Setup Sdn Bhd 68,500,000 12.19 - - 68,500,000 12.19 4 Dato’ Lau Eng Guang 38,753,200 6.90 71,543,700# 12.73 110,296,900 19.63 5 Lau Joo Kien, Brian - - 68,500,000^ 12.19 68,500,000 12.19 6 Datin Goh Kim Kooi 22,225,000 3.95 71,543,700# 12.73 93,768,700 16.69
In total, 86.09% of shares are controlled by top 6 substantial shareholders. If neither of them are disposing shares, i don't think has enough liquidity or volume to drive the share price. Unless people believe the share price doesn't take time to rise.
Uncle K is blinded by whatever that can fits him fine. Again!! This is level 2, much different scenario from previous violation in level 1. Which countries dares to buy when your gloves are in question. Takda takut mati kah...esp. during this sensitive time.
But level 2 can still be saved la.... so long not in level 3. But have to be prepared. I rather sleep well. Dato Lau must have known this a month earlier when he started disposing his lots progressively.
Level 3 means "A Warning Letter has been issued to this firm citing adulteration within the meaning of Section 501(h) of the Federal Food; Drug and Cosmetic Act as documented by recurring violations. Future glove shipments are subject to refusal of admission pursuant to Section 801(a)(1). Non-violative analyses may not be sufficient to remove the appearance of a violation for manufacturers/shippers ".
Johnng8882020 This counter control by big boys. Look at the trading style and trading volume. U think they don't know this FDA news b4 u get the news. Why they don't sell down today evening? Big boys control every movement of this share price. U sell 5k lots 10k lots no feeling for them. Their final destination is 4++ 5++ 27/05/2020 11:06 PM
Stop dreaming/illusion Big guys n Director like to buy high sell low lei 4++,5++,6+++to10++++++ TP 0.40++/0.50++/0.60++ got lah
If this counter limit down all big 4 will follow profit taking. Which glove counter do u have now? Very safe for big 4. No profit can take? Hope for this counter limit down all dead together. Glove Tsunami.
I just made a call to US customs at New Jersey port and confirmed only extra sampling check done by 3rd party. Pass means can clear. They randomly check 1 in every 10 shipment
I got no Comfort on hands but I don't hope people die. Believe what I say, if Comfort die all big 4 going to profit taking. Who buy call warrant.... I m just a hunter. Where got chance, I go in. But I don't hope glove stocks limit down. It will cause game over for glove game.
JBond007 Tomorrow screening: Comfort Theater: 'There Will Be Blood'...a story of hatred & madness Superman Theater: 'Nephew & Daughter'...a story of family value
I feel sorry for investors who are unable to read and understand foreign reports. The fda report clearly does not mention comfort or any other glove makers in specific, rather it is a warning to its own field agents as it should be.
New investors, kindly at least know how to look at simple financial results and you will see that comfort is not a joke. If you buy or sell listening to people posting fake and old news entirely, then please dont invest in stocks. Put your money in the bank fixed deposit and be happy with it.
Johnng8882020 Aramco u hope for this counter limit down. Do u have top glove call warrant? Supermax call warrant. I m sure u die more faster than this counter.
My cost 0.05-0.20 sen how to die lah hahaha laugh all the way to bank ooh
Supermax good meh? I just sold this evening 6.8.still can climb to sky meh? Why don't u buy supermax son. U can even quick quick rich if.... Not happen.
Think logically.... Dato Lau didn't dispose his entire stake... Rather staggered quantity.... What's wrong to do so? It's definitely for the cash profit which would be used for other purpose... He's still holding on to a large balance stock.... Level 2 fda doesn't mean you close shop straight away... The US government is reasonable to allow businesses to continue as long as you comply with their rules which I'm very very sure the Comfort Berhad management would quickly rectify to continue for business profit... The pandemic is so big that the American government will not immediately write off essential medical needs just like that... Think logically and act.
Those who want to keep holding pls do so. Those want to buy pls do so. Those who want to sell pls do so Fact is there are quality issues with the product. No amount of wordplay can change that. Only way this can change is Comfort can prove otherwise. Good luck to all.
Supermax already full until neck. Top glove may be can but no big profit. Harta have to hold and wait for top glove qr. Kossan very bosan. Comfort is most attractive if can buy in 2. 2.5 also can.
No one will tell u what price is good. What price all in, what price u have to sell. KYY means if u want sell me 2 is OK 1.5 very welcome. Sell as many as u can since he win big in supermax. Now Comfort turn lo. That's the real meaning.
@geco i re-read to the bottom and it seems yes it is on fda listing. Thank you for pointing that out to me. However as i am involved directly in a business myself, i think im compelled to point out that every product coming across a hiccup deserves time to sort out even if it is just paperworks. I also believe that it is only right if the fda conforms to its safety guideline to keep things in check. I'm not here to join any arguments between some people who seem to me like little children with some money to play around with. I do hold a few shares of comfort where its amount may be laughable by some people. I can only trust my judgement on financial releases. Other than that i hope im ok.
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davidkkw79
5,068 posts
Posted by davidkkw79 > 2020-05-27 23:34 | Report Abuse
History always repeat n repeating, uncle Kyy cabut diri lari first, faster than all youngsters!