Smaller glove players like Comfort will lose out in ASP and production eventually because they have no i) economies of scale, ii) pricing power, iii) strong customer base
Think about it, selling price only sell 33USD, you think how far comfort can go? The result will very super boombastic? How far the share price will go? RM4 or RM5? But other glove company can give you earn how much the profit gap? Share price up super high, is it want result support? Share price will up 100% result good.
Guys, don't waste your money and time in this stupid Comfort. The chairman is so greedy that he will bail out the moment the price rise. Not worth it! Might as well go safe into Supermax. I am transfering my funds over. See you guys.
Why Topglove directors rushed to announce share purchase & still couldnt push up the price? My uncle said because price max already, will slide down. Am worry.
It's normal, when topglove director buy, share price goes down. When comfort director sell, share price goes up. Dont worry, as long as director stop buying, share price will move based on supply and demand
Greedy chairman and KYY want to buy more banglos on our hard earned money. They will ush the price up and sell in droves at the end of the day. Mark my word.
yesterday was window dressing. if u see the buy sell trade all done by IB plus minumum retailers. this next few days relax first. i sold half yesterday to wait pickup slightly lower price.
Humble advice...short-term players may want to run the moment you achieve TP. You may think you are standing on solid ground but you are treading water.
slow and steady is ok, dun over shoot like yesterday. the fastest shoot up the fastest come down. so better slowly move up.... MACD golden cross soon. hold tight for mid term.
if you monitor closely, the chart for all gloves like big4 and small gloves counter like comfort, ruberex, carepls, advente all same. and MACD golden cross soon. i expect next week all will fly to sky like last time.
Remember what I told yall abt supermx and harta? I’m laughing today. All the best my friends. Remember my advice. If u have earned enough in comfort. Switch to harta and supermx. Don’t all in one counter. Hold at least 1 more month
i also sold all 3.26.....slightly higher than you.....now follow u hibernate,,,,,,,,as for the rest enjoy your upside.....i take few k's go makan......don like these movement.......too fast hard to predict
@apolloang sold all at 3.18....the star said gloves oversupply 30/06/2020 9:03 AM
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Posted by bombibistock > 2020-06-30 22:27 | Report Abuse
bom tomorrow limit up la! ,why your name in got link>?