COMFORT GLOVES BERHAD

KLSE (MYR): COMFORT (2127)

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Last Price

0.38

Today's Change

-0.005 (1.30%)

Day's Change

0.38 - 0.395

Trading Volume

459,200


25 people like this.

38,775 comment(s). Last comment by Dannyfyl88 1 week ago

Posted by TheDeathShadow96 > 2020-06-01 02:17 | Report Abuse

GoodLuck all

Posted by ImFromTheFuture > 2020-06-01 07:45 | Report Abuse

yeap comfort still has the best growth prospect with new production lines and asp hikes. compared to topglov, capacity maxed out alrdy from the beginning of march

Posted by ImFromTheFuture > 2020-06-01 07:46 | Report Abuse

topglov is currently just planning to build new plant, wont be in time to capture the current demand

mf

28,566 posts

Posted by mf > 2020-06-01 07:52 | Report Abuse

Protests May Spur Cases: Governor, Mayor (11:15 a.m. NY)
Maryland Governor Larry Hogan and Atlanta Mayor Keisha Lance Bottoms said street protests over George Floyd’s death in police custody could spark more Covid-19 infections.

Croxxx

368 posts

Posted by Croxxx > 2020-06-01 07:56 | Report Abuse

Buying opportunity today ?

Posted by WooFuVeeVeeVee > 2020-06-01 08:55 | Report Abuse

Yes!!

bryan2003

70 posts

Posted by bryan2003 > 2020-06-01 09:09 | Report Abuse

If you guys do a deep research on UG Healthcare (Malaysia’s company listed in Singapore), you guys will realize that it is quite similar to Malaysia listed Supermax and Top Glove. The reason Supermax and Top Glove up alot since Supermax release their quarter report is because these 2 companies are distributing their own brand of glove which lead to higher profit margin. You guys can understand further from the video as per below link. After watching, you guys can go read UG's report and you guys will realize that UG has their own distribution center at China, Nigeria, UK, German, US and Brazil. Despite UG didnt own 100% of share of these companies, but definitely it helps UG to have better profit. Also, these coutries are badly affected by Covid-19.

https://klse.i3investor.com/blogs/kianweiaritcles/2020-05-28-story-h15......

Also, not to neglect that Ug Healthcare German is also selling mask, PPE, disinfection, protective clothes etc. All these products are high demand product during this Covid-19. Please refer to the link to understand better.

Besides, UG Healthcare Nigeria is also very interesting distribution center as it is selling the similar products that UG Healthcare German is selling but on top of that, it is also selling infra-red thermometer which is also high demand. Please refer to the link below.

https://www.unimedicalhealthcare.com/aboutus.html...

The link below will enable you to understand better about Uniglove UK. Even though it is old news but it definitely will be benefited during this pandemic as it is Europe’s first antimicrobial nitrile glove.

https://www.hsmsearch.com/page_960209.asp...

https://www.buildingbetterhealthcare.com/news/article_page/Two_firms_j...

https://unigloves.co.uk/fortified-biocote-antimicrobial-gloves...

https://klse.i3investor.com/blogs/kianweiaritcles/2020-05-29-story-h15...

If we do comparison between Rubberex Malaysia and UG Healthcare. UG healthcare is lagging behind.
Rubberex market cap = (rm3.56/3.06) * 252195617 = SGD 293,404,051
UG heathcare market cap =(SGD 0.47 * 196092856)= SGD 92,163,642

UG yearly capacity is around 3B where Rubberex only 2B.

So if we use production capacity ratio to market cap as below calculation. UG should worth SGD
(293404051 (Rubberex’s market cap) * 3B (UG’s capacity)) / 2b (Rubberex’s market cap) = 214685891

UG’s potential share price = 214685891 / 196092856 (no of UG’s issued share)= SGD 1.09

If we do comparison between Careplus Malaysia and UG Healthcare. UG healthcare is also lagging behind.
Careplus market cap = (rm1.40/3.06) * 531,359,799 = SGD 243,105,790
UG heathcare market cap =(SGD 0.47 * 196092856)= SGD 92,163,642

So if we use production capacity ratio to market cap as below calculation. UG should worth SGD
(243105790 (careplus’ market cap) * 3B (UG’s capacity)) / 4.1B (careplus’ capacity) = 177882285.4

UG’s potential share price = 177882285.4 / 196092856 (no of UG’s issued share) = SGD 0.907

Even though careplus produce 1B pcs extra compared to UG healthcare, but UG healthcare will benefitted from it’s own brand of glove as well as it’s distribution centers in UK, Brazil and Nigeria are selling others PPE and tools which are badly needed during this pandemic.

If we use the method of one of the Malaysia’s famous investor to calculation the price per glove, UG healthcare is on 0.09 per glove which is much more cheaper compared to peers.




Even though the last quarter report seems like “poor”, but it was mainly affected by the production modification cost where the board has decided to on hold the modification in order to cope with the sudden spike of demand. Do take note that the modification at the end will benefit the group as well. UG has reported positive earning for the last 3 FY. In fact, increase of marketing expenses is good for the company in long run as once everyone know about “Uniglove”, the marketing expenses eventually will come back and profit will go up.

Most likely August report will have flying colour result.

Stay tuned!!!

Posted by Investor_2020 > 2020-06-01 09:17 | Report Abuse

Why comfort is lower than ruberex. can;t believe it

skyhin

522 posts

Posted by skyhin > 2020-06-01 09:23 | Report Abuse

Later comort come.. Buy buy

Posted by Thebullinvestor > 2020-06-01 09:36 | Report Abuse

Maybe due to the fda report by the edge. I have seen a slower pattern last week after the report comes out. But it is still gap up.

youth_88

22 posts

Posted by youth_88 > 2020-06-01 09:48 | Report Abuse

ruberex take over comfort lia... now 3.98

Posted by Thebullinvestor > 2020-06-01 09:50 | Report Abuse

Yeah thats the sign there

GTMS

560 posts

Posted by GTMS > 2020-06-01 09:52 | Report Abuse

operator wont let comfort up too soon ...

miracle80

29 posts

Posted by miracle80 > 2020-06-01 09:53 | Report Abuse

matter of time...for sure it will gap up once the sky is clear!

Posted by Thebullinvestor > 2020-06-01 09:55 | Report Abuse

Maybe later push more

Croxxx

368 posts

Posted by Croxxx > 2020-06-01 10:32 | Report Abuse

comfort way behind rubberex now.........................

Newplayer286

2,654 posts

Posted by Newplayer286 > 2020-06-01 10:32 | Report Abuse

Mari mari comfort...cannot be lousy than ruberex

Bullacent

92 posts

Posted by Bullacent > 2020-06-01 10:35 | Report Abuse

Look like shark or operator buy until not much bullet. Gogo get more loan. :)

al8800

407 posts

Posted by al8800 > 2020-06-01 10:36 | Report Abuse

US internal really messy & Brazil President is an idiot (& going to be cold season) : C19 pandemic will be continue .............. even vaccine start mass production in Dec 2020, it would not be able to cover such mass population within a short period until next year Apr - June 2021.

yuenkl

314 posts

Posted by yuenkl > 2020-06-01 10:39 | Report Abuse

Push people, push! Sky is the limit!

paktua73

18,397 posts

Posted by paktua73 > 2020-06-01 10:41 | Report Abuse

mr sifu OTB n mr kyy have comfort..flyyyyy..
and..and..and..
paktua bangang have HLT..ROGOLLLLL..
thee thee


tut tut
sapa kata yg kecik tak naik
hehehe

Newplayer286

2,654 posts

Posted by Newplayer286 > 2020-06-01 10:44 | Report Abuse

Come faster pecah RM4

Kim33

961 posts

Posted by Kim33 > 2020-06-01 10:46 | Report Abuse

T_T comfort when u want to break RM4? Ruberex ady 4.20

Endgame

754 posts

Posted by Endgame > 2020-06-01 10:49 | Report Abuse

Tp revised from 4 to 6...believe it or not... Believe it... This is most easy money... Don't miss the boat

High5

1,269 posts

Posted by High5 > 2020-06-01 11:03 | Report Abuse

If want comfort fly abb rm4 pls all who own comfort dont sell pull out yr sell order...at rm4 too many sellers leh...LOL

High5

1,269 posts

Posted by High5 > 2020-06-01 11:04 | Report Abuse

Mcm mn mh pecah rm4 semua org dok q mahu jual rm4...tarik keluar ba spy senang makan terus terbang lepas rm4

Kelsey517

484 posts

Posted by Kelsey517 > 2020-06-01 11:05 | Report Abuse

hold tight everyone.....we will break 4 together!

High5

1,269 posts

Posted by High5 > 2020-06-01 11:06 | Report Abuse

The basic thing is we all want comfort fly abv RM4 we believed that comfort value shud higher collectively hold tight let it pass rm4...if everyone q to sell at RM4 how to go up...

Posted by kikiandlala > 2020-06-01 11:12 | Report Abuse

wait til report out ^^ if earn enough then js leave

Posted by AnchoviesswimwithSha > 2020-06-01 11:14 | Report Abuse

Hold tight tight untl RM6...those who want to take profiit now and collect again at low price might not be able to do so, as you can see from all the gloves taikor all fly until mother also cannot recognise!

Posted by kikiandlala > 2020-06-01 11:17 | Report Abuse

if today ruberex qr out is good, comfort fly again~~~

slts

2,215 posts

Posted by slts > 2020-06-01 11:19 | Report Abuse

jus buy new TP 10, later 20
sure win

Posted by Investor_2020 > 2020-06-01 11:20 | Report Abuse

Ruberex QR coming out today?

tamarindo

1,008 posts

Posted by tamarindo > 2020-06-01 11:24 | Report Abuse

maybe at 5pm. they said profit margin better than comfort

Posted by kikiandlala > 2020-06-01 11:30 | Report Abuse

ruberex up higher then once comfort qr out will around tat price

NewbiesJC

77 posts

Posted by NewbiesJC > 2020-06-01 11:32 | Report Abuse

Witness it turned RM4. Yay! Up up up

Kelsey517

484 posts

Posted by Kelsey517 > 2020-06-01 11:32 | Report Abuse

break 4!!! see.......we can do it!

Posted by anthonywml82 > 2020-06-01 11:33 | Report Abuse

Slow and steady

Posted by ImFromTheFuture > 2020-06-01 11:40 | Report Abuse

last chance to topup under rm4

Posted by ImFromTheFuture > 2020-06-01 11:40 | Report Abuse

i just topped up again 3.98

Posted by ImFromTheFuture > 2020-06-01 11:45 | Report Abuse

comfort definitely deserves to be at a higher price than ruberex

paktua73

18,397 posts

Posted by paktua73 > 2020-06-01 11:50 | Report Abuse

comfort definitely deserves to be rm4.50 ..
and..and..and..
HLT definitely deserves to be rm1.50...
hehehe


tut tut
lai lai makan durian..

Posted by baekhyunnie > 2020-06-01 11:52 | Report Abuse

Comfort make me feel comfortable

Posted by ImFromTheFuture > 2020-06-01 11:53 | Report Abuse

comforts qr out after topglovs qr. comforts price will be boosted after topglovs qr out

abcb

2,952 posts

Posted by abcb > 2020-06-01 11:55 | Report Abuse

Will it be destinated

apolloang

18,163 posts

Posted by apolloang > 2020-06-01 11:57 | Report Abuse

dato OTB sudah cakap 5.56....hehe

harold8990

349 posts

Posted by harold8990 > 2020-06-01 11:57 | Report Abuse

Comfort tp atleast 4.5 so just ride the wave n enjoy

tallman

921 posts

Posted by tallman > 2020-06-01 12:02 | Report Abuse

paktua when you start to change from red troop to green troop? hahaha

Posted by ImFromTheFuture > 2020-06-01 12:24 | Report Abuse

still so cheap compared to others omg

rambolee

98 posts

Posted by rambolee > 2020-06-01 12:25 | Report Abuse

tp 5.7

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