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 Ahmadahmad88 > 2020-06-03 22:30 | Report Abuse

saya mau beli murah lagi esok, a chance in the life.

Posted by Insidertips > 2020-06-03 22:34 | Report Abuse

Of coz comfort cant compare with topglove and supermax because they are the big4 players in the market. Comfort fundamental is strong. Few quarters report also making stable profit. The value is there.

terrylam84

180 posts

Posted by terrylam84 > 2020-06-03 22:42 | Report Abuse

Folks, its impact of margin cap and correction with bit overdone, it will move up again, keep calm, avoid the noise and decide on next course action tomolo.

Apple1234

853 posts

Posted by Apple1234 > 2020-06-03 22:53 | Report Abuse

Idss postpone, i believe glove counter will continue bullish after topglove announced the result. Smart investors please remember dont so easy let big fish eat. Now you can see every bank already cooperation together, everyday will have different bank come out announced cut margin. The purpose is they will use reduce margin capping help them eat finish all the small fish. After eat finish all the small fish, big fish will push up the share price. When big fish push up the share price, others small fish see (wao) share price already up and will come in grab again. So dont be so stupid, be a smart investor.

degaht

338 posts

Posted by degaht > 2020-06-03 22:54 | Report Abuse

correct me if im wrong, comfort can only sell its gloves at certain price as they are not OBM and have locked pricing cap for glove boxes..only the distributors are averaging up their selling price of the gloves...meaning to say, the average selling price (ASP) of the gloves are fixed, right ? supermax which has increased their ASP from USD 30 per carton to USD 120 per carton...and comfort cant as they are not OBM ?

newbiexxx

10 posts

Posted by newbiexxx > 2020-06-03 22:55 | Report Abuse

All sifu, I buy at 4, should sell or keep?or add on?

Posted by cookielookz > 2020-06-03 22:57 | Report Abuse

Comfort will definitely rebound tomorrow, lol.

Posted by greatinvestor > 2020-06-03 22:57 | Report Abuse

Today Local Instituition become big buyer 545.76M, Retail : -158.19

newbiexxx

10 posts

Posted by newbiexxx > 2020-06-03 23:00 | Report Abuse

Add another 30?

thanos2020

243 posts

Posted by thanos2020 > 2020-06-03 23:02 | Report Abuse

https://www.theedgemarkets.com/article/glove-rush-jolted-tighter-financing-—-selldown-temporary

Notably after today’s sell-off, the share price of smaller players like Rubberex and Comfort Gloves have retreated to around the valuation range by some of the brokerage houses.
That said, analysts are bullish that 2021 earnings will catch up to justify the hefty premium valuation.

Typical, after collecting cheap the last couple of days, all is good now by the analysts.

Apple1234

853 posts

Posted by Apple1234 > 2020-06-03 23:05 | Report Abuse

You know why local institutions will become big player today? Why everyday come out different bank say want cut margin capping? (Why everyday difference bank come out)? After share price drop who have so big of money buy it? Why here cut margin that side give high Target price? Now economy down if cut investor margin capping will make a lot of ppl no ability pay bank right? Think what is the purpose of those bank doing? Is it those IB want buy the cheaper share? Is it those bank want reduce lose from warrant side? Think , become smart investor dont become stupid investor.

skyjet

536 posts

Posted by skyjet > 2020-06-03 23:06 | Report Abuse

Sifu sell call comfort.

Apple1234

853 posts

Posted by Apple1234 > 2020-06-03 23:07 | Report Abuse

Tmr if still have many stupid investor automatic want give big fish eat i also dont know how to comment. Than please, tmr panic sell and let it limit down. Let me sapu cheaper share.

Apple1234

853 posts

Posted by Apple1234 > 2020-06-03 23:09 | Report Abuse

Skyjet: you listen live buy the share? Ok now i told you vivocom, lambo is very good company, faster go all in. Go, all in har? Listen me!!!!

Aramco

1,560 posts

Posted by Aramco > 2020-06-03 23:16 | Report Abuse

Semua kena tipu by IB
AYOYO

Q

119 posts

Posted by Q > 2020-06-03 23:23 | Report Abuse

All panic sell, then bank will collect.
And gloves fundamental never change, in fact much better future in coming year.
Just because of IB, price drop so much...
Buy and keep. Will be back to RM4

Posted by anthonywml82 > 2020-06-03 23:26 | Report Abuse

Swim with the shark.Not eat by the shark... QR report will be good. Top glove result coming next week. Other glove counter will follow limit up. Just don’t panic when swim with the sharks...steady bossku Lol

gemfinder

6,880 posts

Posted by gemfinder > 2020-06-03 23:30 |

Post removed.Why?

Aramco

1,560 posts

Posted by Aramco > 2020-06-03 23:38 | Report Abuse

lunny94 for those not sure what happened today;

kasi tengok baik baik
https://www.facebook.com/watch/live/?v=3199348063459626

Thanks lunny,
Just ngam ngam watched and tot share it too.

YES THIS is exactly what happening, thats why i said those r the crook don't let them play u out the game.

degaht

338 posts

Posted by degaht > 2020-06-03 23:40 | Report Abuse

Guess no one can answer me

.....................................................

degaht correct me if im wrong, comfort can only sell its gloves at certain price as they are not OBM and have locked pricing cap for glove boxes..only the distributors are averaging up their selling price of the gloves...meaning to say, the average selling price (ASP) of the gloves are fixed, right ? supermax which has increased their ASP from USD 30 per carton to USD 120 per carton...and comfort cant as they are not OBM ?
03/06/2020 10:54 PM

Aramco

1,560 posts

Posted by Aramco > 2020-06-03 23:41 |

Post removed.Why?

Aramco

1,560 posts

Posted by Aramco > 2020-06-03 23:47 | Report Abuse

Mostly panic of rumors and go into shark mouth waiting
03/06/2020 11:44 PM
X
Aramco Go and see the fish aka shark story i just share
Those are ikan bilis n punters panic mode related to the Fish story
03/06/2020 11:46 PM

maktua37

487 posts

Posted by maktua37 > 2020-06-03 23:53 | Report Abuse

this Aramco sure hold a lot at high price
comment everywhere with the same

now even directors will out some of their shares
you go hold tight tight yourself

stock need to in and out depends on the scenario

Posted by IMMORTALSTOCK > 2020-06-03 23:54 | Report Abuse

Hi all, i would like to say base on bursa daily trade statistic, the highest participation(%) is Local Institution, you can check from bursa website and you will know who is the biggest manipulator, those big shark is eating our tickets, i hope you all dnt be panic and dnt get trap on in. The bright future is coming, be patience.

Posted by cookielookz > 2020-06-03 23:59 | Report Abuse

play with cash upfront account mat 7 also dont need to worry. hahah. im holding and buying more tomorrow.

Posted by shareinvestor88 > 2020-06-03 23:59 | Report Abuse

my 2c opinion , IB cutting down on margin. Better sell Tomorrow as possible limit down again .

Posted by littlebeetle > 2020-06-04 00:02 | Report Abuse

https://m.facebook.com/story.php?story_fbid=3199348063459626&id=2383438255226841&_rdr

Explanation by bankers on what happened today

Aramco

1,560 posts

Posted by Aramco > 2020-06-04 00:03 |

Post removed.Why?

Aramco

1,560 posts

Posted by Aramco > 2020-06-04 00:05 | Report Abuse

Adui

mamatede

3,950 posts

Posted by mamatede > 2020-06-04 00:07 | Report Abuse

Insider also selling, dont buy dropping knife

Aramco

1,560 posts

Posted by Aramco > 2020-06-04 00:10 | Report Abuse

Dow Jones 30 Futures - Jun 20

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26,131.0 +430.0

Aramco

1,560 posts

Posted by Aramco > 2020-06-04 00:11 | Report Abuse

Early bird catches the big fat worms b4 too late

michaelwong

3,072 posts

Posted by michaelwong > 2020-06-04 00:15 | Report Abuse

Forced selling have already done and factor in when the share price retreated to a 35% discount to its estimated TP price . So , there's no point keeps repeating childishly about bank margin calls and capping . There are certainly still others sources of funds capable of buying up when the price reached a certain low level with lesser minimised risks . The downside is either minimal in a day or end of the week and more upside will resume and set in .

Will be collecting by 2morrow and Friday for upswing imminent technical rebound after steep retreat . No stock will continuously go down or go up non stop in any general common sense of views . Remember , in whatever bad market sentiments , there are people's making money out of steep price retreat to collect cheaply and sell on every rebound intervally

kitkat

282 posts

Posted by kitkat > 2020-06-04 00:26 | Report Abuse

Read the news...in mandarin got a said.."God and Ghost" also IB..
lolz..definitely tons of ppl very hate them now..


紧随更多投资银行收紧对6手套股的按金融资,手套股今日卖压进一步扩大,多只股项一度跌停板,引发市场关注手套股涨潮是否将结束?

不过,分析员依然继续唱好该领域前景,并上调财测和目标价。

大马投行与各行认为手套原料价低、需求高、高价格强化赚幅,建议“加码”手套股。

分析员指出,手套公司预期需求可增长30至50%(疫情前为8%至10%);高需求也导致供应短缺,尤其使医疗手套平均售价升高。

根据手套商指出,平均售价按季增长5至15%,过去数月在严缺货的惊慌抢购中甚至暴涨100至400%。

分析员调高手套平均价格2至9%,相信2021年售价将继续增长,因为冠病疫苗大约需12至18个月才能面市。

该行预料马币兑美元今年报4.29,2021年挂4.25,预期马币走强将进一步扩大手套公司赚幅。在供应紧缺时,成本节省无需回扣客户。

大马投行指出,疫情后的新常态,人均手套使用也将增加,这不仅发生在医疗领域,餐饮和其他领域也一样。

早前,在新兴国如中国与印度人均使用介于2至6个手套,相比先进国100至280个。

该行维持顶级手套“买进”评级,目标价从12令吉23仙提高至17令吉38仙。调高顶级手套2020至2022财政年财测21%、71%及33%,预期净赚幅更高,分别为增加2至14.7%,增4.5至16%和升2.5至11%。

大马投行预期疫情后手套需求可持续一年,因此预测顶级手套2021财政年平均售价增2%至29美元,2022财政年预测售价24美元。

该行上修高产柅品2020至2022财政年财测10%、14%和25%,建议买进,目标价从9令吉72仙调高至11令吉零5仙。

马银行研究指出,手套平均售价可能增长50%,不过管理层不愿披露时限。

该行调高贺特佳至“持有”,目标价从7令吉37仙调高至12令吉43仙。调高2021至2023年财测(财政年3月杪截止)41%、47%与18%。

marvin95

176 posts

Posted by marvin95 > 2020-06-04 00:28 | Report Abuse

@degath I think comfort may increase their ASP due to high demands, just because they’re distributing the glove thru agent so that the asp maybe not as high as glove companies which have obm. Their orders not locked down by contract, so that the price increment should be happen. May have a look thru kyy blog

michaelwong

3,072 posts

Posted by michaelwong > 2020-06-04 00:34 | Report Abuse

Don't worry , aggressive buying support will set in by 2morrow if the price drops below 2.50 . If it goes up early in the morning , l will remain sideline and below a big opportunity to buy if that happened and let's see as the huge sell off already factor in the force selling process and those hits by margin calls have almost overdone. Standby for 2morrow interesting events....... cheers!

Ron90

4,083 posts

Posted by Ron90 > 2020-06-04 00:38 | Report Abuse

everything below 3.00 is easy buy for Comfort.. and it wont drop below 2.60.(my layman calculation la)..less than 1 month to get that splendid and marvelous QR. Of U look from the top, price only depreciate 28%, but if you look from below, it actually drop 40%..and that's a very big and healthy correction! ..

Aramco

1,560 posts

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

Most Gloves Company around the world ASP increase by 5-15% month to month
Why not Comfort After all demand is 3-5 times of supply according to many IB n Gloves company Directors
Most/All gloves company PAT will be explosive QTR To QTR , Why worry
Early bird catches the big fat worms b4 too late

Posted by Steady Punpipi > 2020-06-04 01:03 | Report Abuse

The MEGA Questions to justify the MEGA rise are
1) How many Gloves company are there globally?
2) How many investors or their staff needs gloves at home or work place?
3)So far no news of any shortage of gloves globally as its only temporary measures .
4) From pennies to all time high , many promoters bought few months ago eagerly wants an exit including insiders directors and sharks !
5) Is this Glove Rally sustainable ? even after vaccine is found .
6) Are you investing due diligence or simply punting into uncharted waters.
7) Never follow the herds blindly, recovery is futilely.

Before you spend your hard earned money into the abyss of sharks infested territories, take some time to answers these Questionaires first. It might save you later...

greedy44444

2,494 posts

Posted by greedy44444 > 2020-06-04 01:31 | Report Abuse

Some hope comfort to limit up tomorrow but many hope it go limit down again....good luck to all of you especially the daredevils

roger3210

407 posts

Posted by roger3210 > 2020-06-04 02:27 | Report Abuse

Just buy buy buy

lanikai

182 posts

Posted by lanikai > 2020-06-04 02:33 | Report Abuse

Down down down the drain lal la la

michaelwong

3,072 posts

Posted by michaelwong > 2020-06-04 02:53 | Report Abuse

Still expecting many panicker sellers in the early morning by 2morrow and hopefully if there's a steep panic drop , best buy for the fast long handed investors to sell on immediate rebound for fast short term profits . Stock markets is about the smart to outsmart the panic and unsecured by enriching themselves fruitfully . So the early bird catches worms with the cheapest buying price if that materialised by sharp falls .

Kimgold

481 posts

Posted by Kimgold > 2020-06-04 06:42 | Report Abuse

Careful. Seems it will be a sell down. Ambank,cimb and uob will offload today.

mf

28,560 posts

Posted by mf > 2020-06-04 06:52 | Report Abuse

JOHOR BAHRU, 3 Jun -- Pakatan Harapan (PH) Johor akan sentiasa berpegang teguh kepada prinsip Demokrasi Berparlimen dan Raja Berperlembagaan dalam mendepani apa jua isu serta situasi politik semasa.

PH menyatakan pendirian itu beberapa jam selepas titah Sultan Johor Sultan Ibrahim Almarhum Sultan Iskandar untuk membubarkan Dewan Undangan Negeri (DUN) Johor serta merta. sekiranya didapati berlaku lagi perebutan kuasa dalam kalangan wakil rakyat.

roger3210

407 posts

Posted by roger3210 > 2020-06-04 07:02 | Report Abuse

Buy

PureBULL ...

2,528 posts

Posted by PureBULL ... > 2020-06-04 07:05 | Report Abuse

GLOVES TO CONTINUE REBOUND TODAY
1st 2 hours of trade yesterday was the LOWEST = the last flush was the loudest

All weak holders sold all the way down to 30% limit down in volumes.
The hungry strong holders saw n walloped all in volume n moved it up n UP...

All's clean up, let's trade ...

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