Asyik thinking of director selling. His entry is very low. Plus he would have his own plan to buy or invest in other things. Stop thinking of director selling if u arent a director. Kwsp was dispossing kossan. Still kossan steadily up.
Finish talked about fda then level 2 then level 1 , now talk back director selling again.. this hamkacan too free d hahaha so simply find topics to talk with us? Talk with ur family la it’s weekend. They need you, we are not. Hahahaha
Market will go up and also will come down. Every turbulence the ball game is different. Those who experience the 97 asian financial crisis and 08 sub-prime mortgage will understand this. Covid19 is another ball game. Some will become rich and some will become poor. How good you are at reading the technical chart, etc might not be the ultimate source for you to make money. Your own judgement is very important. If u think is time to sell or buy, just do it. Never regret with your own decision. You can always buy back or sell to cut lost. No one will sell at the highest and no one will buy at the lowest unless the company goes bankrupt. You will never know what tomorrow is going to happen. Directors selling their shares is good for the market. Without enough liquidity of the shares floating in the market, you and I will never have the chance to buy and make some token out of it. Good luck guys and happy weekend.
Is everyone wearing gloves nowadays? Can these glove manufactures suddenly increase their production - 2, 3 or 4 times to meet the demand to justify the prices? Just wonder.
29-May-2020 Blog Are you buying COMFORT from DATO' LAU ENG GUANG ? 29-May-2020 Blog Comfort: RHB analysis - Koon Yew Yin (revised) 29-May-2020 Insider DATO' LAU ENG GUANG (a substantial shareholder) disposed 500,000 shares on 28-May-2020. 28-May-2020 Annual Result Annual Report on 31-Jan-2020. 28-May-2020 Blog Comfort - US Import Alert 是个误导消息! 28-May-2020 Insider DATIN GOH KIM KOOI (a substantial shareholder) disposed 100,000 shares on 27-May-2020. 28-May-2020 Insider DATO' LAU ENG GUANG (a substantial shareholder) disposed 600,000 shares on 27-May-2020. 28-May-2020 Insider DATO' LAU ENG GUANG (a substantial shareholder) disposed 100,000 shares on 27-May-2020. 28-May-2020 Meeting Notice General on 30-Jun-2020. 28-May-2020 Price Target Comfort Gloves- FDA Import Alert to Affect Near-Term Sentiment Source : RHB-OSK, Price Call : HOLD, Price Target : 3.18 Last Price : 3.62, Upside/Downside : -0.44(12.15%)
Directorsell: i think you keep talking the negative things at here posible you want comfort share price drop than you can buy it? Is it now you dont have any share of comfort now? If have can show it for prove? Please la, if you feel leong hup is good than why dont go there? All in your 2 million to buy leong hup la. But hor, i dont think you have 2 million, because rich ppl standard is not like you. For example, A ppl feel this company is rubbish, than you think that A ppl will use 2 million buy the rubbish company? Use your brain to think it please!!!
ACE Market-listed glove manufacturer Careplus Group Bhd thrives in an industry largely dominated by the “big four” — Top Glove Corp Bhd, Hartalega Holdings Bhd, Kossan Rubber Industries Bhd and Supermax Corp Bhd.
Careplus’ market share may be less than 1% but its key advantage lies in its strong distribution network in the Central and South American region, which constituted 69% of Careplus revenue.
Being smallish in terms of market share, the group is able to provide better service to customers who are normally ignored by the “big four” and would be able to adapt quickly in a changing environment and to demand
Careplus offers a unique opportunity to participate in its expansion phase. It plans to expand its capacity to produce as much as 10 billion pieces of gloves annually by 2020. Its profit margin is projected to rise from the current 3% to 5% as a result of better economies of scale and its global market share growth from about 1% now to around 4% by 2020.
Going forward, Careplus is eyeing markets like China, India and North America to absorb additional capacity.
Actually , i am not sure why people like Directorsell/Jolow and etc keep creating fake perceptions regards the selling of the Director 's Shareholding .If you went through the annual report, you will see that Lau Eng Guang's holding is 42,111,400 shares (Direct Interest) and 87,838,000 (Indirect Interest) as at 30/04/2020. The shares that he disposed in open market is 17,814,950 (Direct interest) and 2,069,400 (Indirect interest thru Safari Bird Park under the wife).
He still have a balance of 24,296,950 (direct interest) and 85,768,600 (Indirect interest mostly under Keen Setup). This have yet to include his son's shareholding which is 36 million plus.
His selling is nothing compared to the shareholdings that he is having. Why people use this to create fake perception? Want to buy Comfort at lower price? You can still buy it now as this will be the new low .
To those spreading fakenews, at least do create a better stories.......your stories level is for kiddos....
In April, there were 1 M. cases on covid infection.... and many see a world shortage of medical gloves as demand has doubled. Today on 30 May, we have more than 6 M. global cases of infection and half are hospitalised.
Yet, not many write write about shortage of gloves, only complaints about high valuation of glove shares ... why ?
These conmen have been singing the director selling story but not effective. Then try to make it like the FDA issue is a big thing. Fortunately people never listen to them. Now FDA story cannot pakai again sing song like parrot
ya.. don't create fake news for ur own benefit. if u no money buy comfort, go buy other penny stock. u create fake news, ppl will create fake news for u oso. remember karma. u may win now but not in comfort.LOL
Comfort Gloves Bhd is engaged in the manufacture and trading of natural and synthetic specialty examination gloves. The company’s segment includes Manufacturing, Investment holding, and Others. The manufacturing segment is engaged in the manufacture and trading of latex gloves. The investment holding segment comprises of investment holding and provision of management services. Its other segment is involved in the trading of latex gloves. The company has two manufacturing plant located in Simpang and Matang, Taiping.
You don't expect from any single isolated case or even a company shareholder's or director's to throw a tiny peanut to sink a big ship's in the ocean....... right ?
historical pe around 20, now goreng up to 64, what does it mean? back envelope calculation means 64/20 = 3.2, meaning market has priced in future profits will at least x3 times, so, ask yourself, higher asp can triple the profits? production line fully utilized? possible to quickly add production lines to match higher demand? china can make new production lines for mask in 10 days, but gloves are only talking about land acquisition... anyway, locked in profits last week and bye bye
@hush77 sometimes u have to look beyond technical datas. How often u see the world fighting a pandemic? The last was 100yrs ago. Malaysia is a world retailer for rubber. This madness would last till the vaccine or treatment is available. Bursa wont issue uma and stuff. They are enjoying the current spike. Its historical level the local retailers are buying in sustaining the bursa.
If bursa issued UMA then they will loss the daily huge volume turnover from glove counters and market will turn to quieter mode, its win win
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Posted by ochai > 2020-05-30 11:30 | Report Abuse
enjoy the ride...yeahaaa