comfort 2127 Personally feel that when it rises to Rm 4 , the company will announce the bonus stock day, after which the net profit will continue, and the stock price has a chance to Rm 4.50-5.00
Chinese firm gets approval to begin human testing for potential vaccine 1:05 p.m. (Singapore time) – China approved a vaccine candidate co-developed by Anhui Zhifei Longcom Biopharmaceutical – a business unit of the publicly listed Chongqing Zhifei Biological Products – and the Institute of Microbiology of the Chinese Academy of Sciences, Reuters reported.
7:03 a.m. ET — AstraZeneca’s potential coronavirus vaccine showed some promise in a trial of pigs, which found that two doses of the shot produced more antibodies than one dose.
Every day 110k to 130k cased..... If spike also go to 150k.... If continue until July or August..... The order will be next year end of 2021.... As previous Apr said only order mid of year 2021..... I assume will drag it.... Tomolo gap up again to 320 open market as DJI now 250 point up up..... By this week will be stay at 3.50 set point first.... Hope supermax good qr following harta too.. Than will bring comfort go to next level 3.90.....
Kyy gave you a base target price of rm4.70. He wants you to buy the share up so he can unload at rm4. Covid is a one-off phenomenon and will last for about one year. Thereafter, the profits of comfort will return to normal, pre-Covid level and will grow about just 10% a year from there. The same is true of all glove companies. Comfort should be worth rm1.50 to rm2 in the next 5 years.
Chinese firm gets approval to begin human testing for potential vaccine 1:05 p.m. (Singapore time) – China approved a vaccine candidate co-developed by Anhui Zhifei Longcom Biopharmaceutical – a business unit of the publicly listed Chongqing Zhifei Biological Products – and the Institute of Microbiology of the Chinese Academy of Sciences, Reuters reported. The approval would allow the firm to begin clinical trials.
^^^GLOVE BULL RALLY: HOW FAR IT CAN GO (BM HEALTHCARE INDEX)??!
One thing is true about this crazy market, it's that healthcare index have been the clear leader. Even the coronavirus crash didn't knock out the healthcare sector particularly glove makers stocks.
Bursa healthcare index has come racing back and are the only major index among stock market indices to make new highs.
Looking at today's chart, it's clear that investors continue to rotate funds to large-medium cap glove makers stocks on any broad market weakness.
So, how much further could this rally "leg" go (on longer-term basis)?
For this case, I use Andrew Pitchfork. Andrew’s Pitchfork is a technical indicator that use three parallel trendlines to identify possible levels of support and resistance as well as potential breakout and breakdown levels.
The pricing is in a bullish impulsive trend, now unfolding final stages of correction. We see a contracting price activity which looks a triangle. Once all legs are visible within a triangle: A-B-C-D-E, and we see a bull rise above the upper triangle line within 2,300 -2,350 zone, that can be important fibonacci extension target around that 2,790 (161,8%) or higher 3,205 (261,8%) area!
If so, that's still 15 -30 percent higher than current level. Stay tuned!
you are absolute right! Carepls $1.38 is almost half of Comfort at $3.05......why buy $3.05 when you can get 2 times of Carepls.......buying Carepls is like buy 1 free 1 promotion. you are a genius! why didn't i think of that.....ROTFLMAO
@didi comfort expensive than carepls 24/06/2020 10:30 AM
@bULLRUN how you get the discount? are you trying to cheat those 5years old boys? 1MIL PROFIT company vs 16mil, if using your concept, shouldnt carepls price should be 3.05/16? OOPS GENIUS LMFAO
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Posted by erkongseng > 2020-06-23 15:18 | Report Abuse
comfort 2127 Personally feel that when it rises to Rm 4 , the company will announce the bonus stock day, after which the net profit will continue, and the stock price has a chance to Rm 4.50-5.00