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

晓雨霖

1,680 posts

Posted by 晓雨霖 > 2020-06-04 15:15 | Report Abuse

AHAHAAHAHA !!!!
AHAHAAHAHA !!!!
AHAHAAHAHA !!!!

ganjohn

8 posts

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

Yesterday i also panic & hold lol. really great experience to train my emotion.

kitkat

282 posts

Posted by kitkat > 2020-06-04 15:16 | Report Abuse

whoever got it cheap yesterday please dont simply sell it for fast money..be patience only you will win big..
hold tight hold tight..

Newplayer286

2,654 posts

Posted by Newplayer286 > 2020-06-04 15:16 | Report Abuse

3.70 can pecah? Anyone here can push? Ooi....IB do something...dun keep on eating small fish only

晓雨霖

1,680 posts

Posted by 晓雨霖 > 2020-06-04 15:17 | Report Abuse

CAN PECAH 3700 !!!!
CAN PECAH 3700 !!!!
CAN PECAH 3700 !!!!

mf

28,560 posts

Posted by mf > 2020-06-04 15:17 |

Post removed.Why?

晓雨霖

1,680 posts

Posted by 晓雨霖 > 2020-06-04 15:18 | Report Abuse

SIFU TENGAH SAPUING !!!!
SIFU TENGAH SAPUING !!!!
SIFU TENGAH SAPUING !!!!

Posted by petramaises > 2020-06-04 15:20 | Report Abuse

ib really farked a lot of ppl yesterday

mf

28,560 posts

Posted by mf > 2020-06-04 15:21 |

Post removed.Why?

Posted by petramaises > 2020-06-04 15:21 | Report Abuse

mco still want to fark others

Posted by EngineeringProfit > 2020-06-04 15:21 | Report Abuse

Sailang yesterday ady....

....no more cash

Posted by petramaises > 2020-06-04 15:21 | Report Abuse

wait for maybank investor

vshares

32 posts

Posted by vshares > 2020-06-04 15:22 | Report Abuse

when QR?

Croxxx

368 posts

Posted by Croxxx > 2020-06-04 15:22 | Report Abuse

Rumour is MBB IB que to buy this morning already.................. knn

tallman

921 posts

Posted by tallman > 2020-06-04 15:26 | Report Abuse

all trader and investors from maybank switch to other trading platform. give them a lesson

denniszzbl

217 posts

Posted by denniszzbl > 2020-06-04 15:27 | Report Abuse

@RR88 I am wondering why need to sell at 3.1 where now is almost 3.7?

Posted by EngineeringProfit > 2020-06-04 15:28 | Report Abuse

Eara changes.....Human psychology remains the same

Posted by YongJie Ong > 2020-06-04 15:29 | Report Abuse

all the way to rm5. dont stop

Posted by EngineeringProfit > 2020-06-04 15:30 | Report Abuse

Like dat huat gila ady

10.00...mari

Posted by EngineeringProfit > 2020-06-04 15:31 | Report Abuse

DIVIDEND 1.00

BONUS 10 TO ONE

HUAT AR

mf

28,560 posts

Posted by mf > 2020-06-04 15:35 | Report Abuse

Credit Suisse raises target price for Top Glove to RM23, expects record FY21
Yasmin Syazwina
/
theedgemarkets.com

June 04, 2020 14:34 pm +08

GooShem

1,284 posts

Posted by GooShem > 2020-06-04 15:40 | Report Abuse

sink already. run fast

NewbiesJC

77 posts

Posted by NewbiesJC > 2020-06-04 15:42 | Report Abuse

Negative energy from u will make urself more negative. Take care.

晓雨霖

1,680 posts

Posted by 晓雨霖 > 2020-06-04 15:43 | Report Abuse

road to 3800 ding ding
road to 3800 ding ding
road to 3800 ding ding
road to 3800 ding ding

keeps going !!!!

晓雨霖

1,680 posts

Posted by 晓雨霖 > 2020-06-04 15:44 | Report Abuse

such cheap dont want buying waiting for what????

mf

28,560 posts

Posted by mf > 2020-06-04 15:44 |

Post removed.Why?

Posted by greatinvestor > 2020-06-04 15:46 | Report Abuse

Higher high soon ?

marvin95

176 posts

Posted by marvin95 > 2020-06-04 15:48 | Report Abuse

@gooshem don’t so gooshem pls

晓雨霖

1,680 posts

Posted by 晓雨霖 > 2020-06-04 15:51 | Report Abuse

u all sure like after 4pm show hahaha!!!!
u all sure like after 4pm show hahaha!!!!

Posted by gurumaster999 > 2020-06-04 15:51 | Report Abuse

TP8 to match SUPERMANNNN
OTB and KYY sifu bringing us there!!!!

晓雨霖

1,680 posts

Posted by 晓雨霖 > 2020-06-04 15:52 | Report Abuse

dont regret miss the boat!!!!

dont said i never tell u !!!!

dont regret miss the boat!!!!

dont said i never tell u !!!!

Posted by EngineeringProfit > 2020-06-04 15:52 | Report Abuse

8.00...next

lai...lai...lai.....big or small

be greedy or fearful

晓雨霖

1,680 posts

Posted by 晓雨霖 > 2020-06-04 15:54 | Report Abuse

show start soon !!!!!!

Kim33

961 posts

Posted by Kim33 > 2020-06-04 15:55 | Report Abuse

Yes finally comfort dumped ruberex, comfort up up up!!

Posted by EngineeringProfit > 2020-06-04 15:55 | Report Abuse

huat ar

Newplayer286

2,654 posts

Posted by Newplayer286 > 2020-06-04 15:56 | Report Abuse

KUALA LUMPUR (June 4): Credit Suisse has raised its target price for Top Glove Corp Bhd to RM23, more than double of RM11.30 previosly, on the ground that there has been a recent rise in ad hoc and spot orders by government agencies needing urgent deliveries.

In a note dated June 3, Credit Suisse analyst Joanna Cheah said while pricing was not locked in upfront for these volumes, the group took deposits between 10% and 30%, based on projected average selling price (ASP) increases depending on the expected month of delivery and thus, Top Glove had decided to allocate 10% of its capacity for these spot orders.

"Given the long lead time for normal orders, it is therefore no surprise that ASP for the ad hoc spot orders is much higher.

"According to management, some of these orders were priced above US$100 per 1000 pieces, which is more than three times higher than the current blended ASP for the normal orders," Cheah said.

In addition, while the company was previously guiding for 5%-10% increases in ASP every quarter, given the further squeeze in demand-supply for gloves, it was now guiding for a monthly double-digit ASP increase at least for the next two months.

"Given the revised strategy and ASP guidance by the company, we have raised our FY20 (financial year 2020)-FY22 earnings per share by 20%-135%. We now expect the group's earnings to grow 182% in FY20, a further 122% in FY21 but decline by 63% in FY22 as ASP normalises.

"Our earnings forecast assumes that ASP will rise by 20% in FY21 for both nitrile and powder-free gloves, and decline by 20% in FY22," she said.

She added that Top Glove's results for the third quarter of FY20 set to be released on June 11 are expected to be strong and should drive further rerating of the stock.

"One of the key concerns has been the risk of oversupply as the rubber glove players embark on expansion and demand settles post the pandemic. Looking at the current planned supply by the top five major players (including Sri Trang), we think there will be a squeeze in demand-supply for the next two years," she said.

Just yesterday, the price-earnings valuation of Hartalega, Top Glove and Rubberex breached the 100 times mark, which is rarely seen among manufacturing-oriented companies.

She noted the current demand is estimated to be 50%-60% higher if not for capacity constraints resulting in long lead time.

Meanwhile, estimated supply is expected to grow by 9% cumulatively between now and end-2020 and another 12% by end-2021.

At the midday break today, Top Glove rose 1.49% or 22 sen to RM14.92, valuing it at RM39.25 billion.

晓雨霖

1,680 posts

Posted by 晓雨霖 > 2020-06-04 15:56 | Report Abuse

5 more minutes

Posted by Invicibletrader > 2020-06-04 15:58 | Report Abuse

I already TP at 3.6 for intra-day trade. I advise traders to sell now. Downtrend tomorrow.

Kim33

961 posts

Posted by Kim33 > 2020-06-04 15:59 | Report Abuse

@invicibletrader I hope ur hand get burn tomorrow.

晓雨霖

1,680 posts

Posted by 晓雨霖 > 2020-06-04 16:00 | Report Abuse

hahaha come liao come liao

Posted by EngineeringProfit > 2020-06-04 16:01 | Report Abuse

huat ar

Posted by ying1234567890 > 2020-06-04 16:02 | Report Abuse

why shareholder keep dispose share

Posted by ying1234567890 > 2020-06-04 16:02 | Report Abuse

do u all know when the QR result will be out?

Apple1234

853 posts

Posted by Apple1234 > 2020-06-04 16:04 | Report Abuse

Yesterday may i ask those stupid investor already sold finish the share? Still think about Uncle kyy margin, please la, please take care yourself. Congratulations for those all smart investors, follow swin with big shark. In Malaysia anything also will happen. So big of bank, doing this kind of cut margin things wanna cover lose of warrant. Halo, if i sign agreements with you borrow 500,000, you can simply say now i want change to borrow you RM200,000, you pay back be RM300,000? You is a big bank leh! please la. Other country government is helping push up the share market, you see US and Hong Kong market. But Malaysia is want press down the share market, please la, you doing this kind of things future who will come invest Malaysia Stock?

Kim33

961 posts

Posted by Kim33 > 2020-06-04 16:05 | Report Abuse

@ying don't asking stupid question here, if u want to know the answer u call to Director and ask him, same question, everyday, every second repeat and repeated. If u want earn fast money hv to be hardworking, check back all previous msg.

Posted by EngineeringProfit > 2020-06-04 16:06 | Report Abuse

backdoor ppl lah

tallman

921 posts

Posted by tallman > 2020-06-04 16:07 | Report Abuse

IBs=Ah long?

Borrow 500k, give 300k?

Apple1234

853 posts

Posted by Apple1234 > 2020-06-04 16:12 | Report Abuse

Guys, please be smart abit. You can see maybank trading platforms today system down until one o'clock, i want buy big comfort also no chance. Please dont so easy eat by big shark. You think yourself, the system down that time who buying big? Is it invesment bank?

Kim33

961 posts

Posted by Kim33 > 2020-06-04 16:15 | Report Abuse

Yes only investment bank can sapu when system down.

Apple1234

853 posts

Posted by Apple1234 > 2020-06-04 16:15 | Report Abuse

100 years first time lockdown, covid-19 so seriously and non stop, than why you want miss the trend le? Think yourself la.

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