kyy will loss a lot money on this !!!!! he can not support the price any more, his funds all in supermax n comfort but very high price !! rugi teruk !!!
2127 COMFORT COMFORT GLOVES BERHAD General Meetings: Notice of Meeting (Amended) 52049 Indication: Notice of Meeting Description: COMFORT GLOVES BERHADNotification to Shareholders of Change of Meeting Venue and Meeting Time for the 79th Annual General Meeting Date of Meeting: 30/06/2020 Time of Meeting: 10:00 AM Venue: Hotel Grand Baron TaipingNo 8, PT 7861Jalan Bukit Larut34000 Taiping, PerakMalaysia Date of General Meeting Record of Depositors: 19/06/2020
Any one attending? Can get some first hand info on glove industry...
He is caught with high price this time. More articles will be posted soon to promote glove stocks. IDSS is gonna to cause some volatility to glove counters. I stay out now.
Kena tax more by government? Means profit reduce already lor right? Tak mau masuk liao, lucky got people tell Chinese Newspaper got news but I dunno how to read Chinese.
I sure hope the price will crash below 2.48 to close the gap. For those gloom & bust fellows, please sell off all your Comfort shares to crash the price. But for those who are stuck and have the convictions that better days are ahead, you should hold on to your shares. It really doesn't take a genius to understand that demands for glove far outweighed the supplies as Uncle KYY postulates. It is so clear that all the glove counters are going through a consolidation stage. Those who don't understand this really should have no business risking your hard-earned money in this very volatile market. I hope prices for glove shares will go down further so that stochastic for all counters will touch below 20. For those genuine traders of Comfort stocks, the upside is near. Comfort will easily surpass Rm5. Remember, glove counters are one of the very few recession-proof and virus-proof business there is in the next little while. Once the narrative is refocused on COVID and gloves, the upward trajectory of glove counters will again be the talk of the town - vaccine or no vaccine.
^^^GLOVE MAKERS "WASHOUT" - GET READY FOR A BIG MOVE HIGHER!!!
Glove stocks market moved lower early on June 2 and June 3. We could see this is a "washout low" price rotation following a technical pattern that will prompt a much higher rally in glove market. This type of washout pricing rotation is fairly common before very big moves after bullish pennant/flag formation or just after reaching major price trigger levels. Also, we believe fund managers have taken this as good opportunities consider hedging their portfolio positioning in glove markets at this time.
With gloves, almost a month sideways pennant/flag formation has been setting up near Pitchfork's indicator that use three parallel trendlines in identify possible levels of support and resistance as well as potential breakout and breakdown levels. We believe this washout rotation is a process of running through the Long Stops just below recent price activity that will end with a defined upside price rally over the next 2-5 days period.
My Bets: Get ready. this should be a really nice upside price swing in glove over the next 6 months or longer. Pay attention to any breakout on BM healthcare index - the clear leader which I posted in the last review that to rally higher by about 15 - 30% - setting up new price highs for all glove makers!
As kyy alway say only a fool will not buy such a good gloves stock !! but I say only a fool will buy a stock with 40 to 50 PE !!!!!! Top is even worst 75 PE !!!!!!!
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nickthebest
636 posts
Posted by nickthebest > 2020-06-26 10:36 | Report Abuse
diu... really trap...better stay out first.