Based on valuation itself with their steady growth and strong sales, dipping to 0.8 is already near impossible. Unless you guys know something that we don't, well of course I am merely basing on valuation, it may go to 0.7 if something serious happens. I have collected some at 87 and 88.5 and will continue to collect if it dips further. Looking forward to Feb results. Cheers
usd myr chart breaking out from triangle looks bullish and should benefit export counters like glove counters. besides, raw materials pricing are weak giving glove maker a better competitive edge.
With the current productions the numbers have prove, it is on a growth trend and should demand a higher pe ratio
Company is undergoing plant expansion that will boost production numbers. Company will not simply invest to expand if without confirmed order pipelines.
a safe and sound counter to invest and investor should take this golden opportunity to top up. Decision is yours. Good Luck.
It is a good company... It share price just started to move up since December as it was unable to move up earlier due to many Technical reason such like P17, warrant expiry, etc. Their plant expansion plan also on track with internal fund esp from warrant conversion... Good to keep this counter for Midterm... Now going thru a healthy correction, get in soon before late... Just an advise... Decision is yours.
Chinese Woman Dies of H5N6 Bird Flu, Another Woman Critical
By THE ASSOCIATED PRESS BEIJING — Jan 5, 2016, 5:36 AM ET
Health authorities in southern China said Tuesday that a 26-year-old woman has died of a strain of bird flu, and another woman is reportedly in serious condition.
The two contracted H5N6, a strain of bird flu that has so far only been seen in people in China.
A press officer at Shenzhen's Center for Disease Control and Prevention confirmed the death of the local woman on Dec. 30. He wouldn't identify himself.
A 40-year-old woman also from Guangdong province is in serious condition in hospital, the official Xinhua News Agency reported.
Six human cases of H5N6 have been reported in total, all in China, since May 2014. The virus has been detected in poultry in China, Lao and Vietnam.
The World Health Organization says that human cases of bird flu remain uncommon, with sporadic cases occurring following exposure to infected poultry or a contaminated environment. It says there is no evidence of sustained human-to-human transmission of bird flu.
This article wrote on 1 Dec 2015... Can use it for reference.....
Special coverage on Comfort Gloves BHD. Almost all the gloves companies staged 'mini rally' except Comfort Gloves recently. It a unfortunate situation for Comfort even though their Quarterly result keep improving. Comfort started to move early July when the news is out about early upliftment from P17... In short period the company share price came down again along with KLCI due to political challenges as well major correction of KLCI which lasted for 2 months... It unable to move up again in October as their warrant about to expire in December. Since then it share price remain low. Recently they announce a RM20 million plant expansion due to increase in sales. That show the company is growing very well in term of sales. The company expect to generate additional cash from warrant conversion where they will use it for current expansion as well cash reserves for future expansion... An estimation of RM50m will be received from the conversation of its warrant... Now the situation is different. All the major blocks are cleared... It is time for Comfort to grow in term of their share price...The upcoming Q result expect to be very good. Time to grab it for Midterm to Long-term. Target price RM1.20 by End March... All the best
The return of Comfort. For those who keep calling for sell, we are not accusing you but please support your statement with any proof and not just simply said there is insider news, sell, run.... etc. We are very welcome if you have any information to share in this forum. Thank you.
Precisely, I also would like Comfort to drop so i can collect but we all know which level is consider cheap which level is impossible (unless something really went wrong). but since comfort rising.. thank god I collected 88.. Now sit back and relax till it touches RM1 again.
As at 3.05 pm US Dollar is selling @ 4.4440 and buying at 4.3250 (Maybank Foreign Currency Counter Rates). Glove makers are smiling all the way to the banks. 4444 means fat fat fat all the way.
I still remember previously there is someone here said Comfort will dive to 0.5 when Comfort was falling from 0.8 to 0.715.. I think its nekosan is it? Now he is missing from this counter already.
rubberlover... yalo...nekosan try to act like insider / expert... hahaha.. but missing now.
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Posted by xcu843 > 2016-01-05 16:53 | Report Abuse
need to wait until end of this month.