COMFORT GLOVES BERHAD

KLSE (MYR): COMFORT (2127)

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Last Price

0.36

Today's Change

-0.005 (1.37%)

Day's Change

0.355 - 0.365

Trading Volume

127,400


25 people like this.

38,775 comment(s). Last comment by Dannyfyl88 2 weeks ago

angku

489 posts

Posted by angku > 2016-03-04 15:03 | Report Abuse

I bought this counter not because of USD. Pohuat factory also got burned before

moha

62 posts

Posted by moha > 2016-03-04 15:20 | Report Abuse

yes over react.. collect while it is cheap

wjwong

100 posts

Posted by wjwong > 2016-03-04 15:31 | Report Abuse

sai betoi, pmetal, pohuat now comfort!

i4investor

2,797 posts

Posted by i4investor > 2016-03-04 15:35 | Report Abuse

no worry, it will keep coming down, prepare bullet first

ewawa

184 posts

Posted by ewawa > 2016-03-04 15:59 | Report Abuse

So Wat price is the best price to enter??

piggybank

132 posts

Posted by piggybank > 2016-03-04 19:01 | Report Abuse

The Board of Directors of the Company wishes to announce that there was a fire outbreak occurred this morning at Lot 6858, Jalan Matang, 34750 Matang Taiping, Perak which is the newly built three storey warehouse and packing department. The cause of the fire and actual extent of the damage are currently still unknown, pending the completion of the police investigations into the fire and issuance of their report.

The fire outbreak did not result in any death casualty and the production line is not affected. However, preliminary assessment reveals that the fire incident would not have a material impact to the financial and operations of the Company.

The Company will render their full assistance to the investigation and the Board of Directors will monitor the situation closely.

This announcement is dated 4 March 2016.

ge9215895

496 posts

Posted by ge9215895 > 2016-03-04 19:24 | Report Abuse

How many factory COMFORT HAVE?

sheep

3,849 posts

Posted by sheep > 2016-03-04 19:32 | Report Abuse

Earnings will be impacted. ... standard initial announcement. next week will read the real story after detail checks.

kk123

1,964 posts

Posted by kk123 > 2016-03-04 19:40 | Report Abuse

Whole glove sector shares facing selldown
Good luck

kchia

172 posts

Posted by kchia > 2016-03-04 19:46 | Report Abuse

The fire outbreak did not result in any death casualty and the production line is not affected. However, preliminary assessment reveals that the fire incident would not have a material impact to the financial and operations of the Company.

Production not impacted right, and no material impact to financial and operations?
Means this fire only cause lost in inventory? And I think it's covered by insurance.

I think still not so bad, right?

piggybank

132 posts

Posted by piggybank > 2016-03-04 20:22 | Report Abuse

I recalled Poh huat had a fire in their plant last year..investor sold off and after that stock recovered as earning showed improvement. Sell la...haha
Poh huat news on 25 Aug.. price fell from 3.00 to 2.40. By early Oct it was even higher at 3.50.
http://m.thesundaily.my/node/325653

Alpha Trader

1,983 posts

Posted by Alpha Trader > 2016-03-05 09:31 | Report Abuse

Covered by insurance, time to fish

sell

2,456 posts

Posted by sell > 2016-03-05 16:48 | Report Abuse

PE 15 safer buy, 20% downside.

bsngpg

2,842 posts

Posted by bsngpg > 2016-03-05 17:29 | Report Abuse

EPS of Q3FY16=1.58cts along with the progressive commissioning of newly installed dip lines. Assume the eps would be repeated for the subsequent qtrs, the annual eps would be 6 cts.

PE 20 x = RM1.20
PE 15x = RM0.90

Posted by Jolin Lai Chi Pet > 2016-03-06 10:04 | Report Abuse

not very comfort to buy now........................... but very comfort to buy once it down to 60cents!!!

Posted by idolhell111 > 2016-03-06 11:04 | Report Abuse

Production line doesnt affected. The fire is only burn the new plant store keeping place, the loss will be covered by insurance.

moha

62 posts

Posted by moha > 2016-03-06 22:04 | Report Abuse

too cheap to ignore...

GGmalaysia

334 posts

Posted by GGmalaysia > 2016-03-06 23:09 | Report Abuse

it can be cheaper. prepare for gap down tomorrow

moha

62 posts

Posted by moha > 2016-03-06 23:15 | Report Abuse

If without the fire incident, the price only drop when the boss start selling...everyone know about this.

moha

62 posts

Posted by moha > 2016-03-06 23:36 | Report Abuse

My TP 0.865 within 2 weeks.

sheep

3,849 posts

Posted by sheep > 2016-03-07 08:59 | Report Abuse

3q profit is history...wont get such stellar results. all factored in 3q. of course compared to last 4q still good. fire...sell!!

sheep

3,849 posts

Posted by sheep > 2016-03-07 10:05 | Report Abuse

dont be greedy. better to avoid this counter. Ikan billis will suffer until no bones left. wakakaka
1) directors will know early the extend of the damages and the impact to the company.
2) it is during closed period as result coming out. directoer applied to deal with their shares. Hence they will be able to sell before news is submitted to bursa.
3) most of the shares owned by directors-hence easy for them to manipulate the price.
4) syndicate caught with hugh volumes - might push and dump. wakakaaka
5) buy below 0.7 - sure win...wakakaka

MMCP

287 posts

Posted by MMCP > 2016-03-07 13:45 | Report Abuse

sayonara~

Posted by Candlestick > 2016-03-07 18:10 | Report Abuse

Expecting 0.88 by this week, panic and fear on fire damage subsiding and investors coming back in

MaBadri

945 posts

Posted by MaBadri > 2016-03-07 18:15 | Report Abuse

join the boat

moha

62 posts

Posted by moha > 2016-03-07 20:21 | Report Abuse

Most of glove maker among the top loser today...hope not to see any surprise tomorrow

reuben

18 posts

Posted by reuben > 2016-03-08 18:28 | Report Abuse

Only the warehouse burnt. Production still on going. Still got plenty of stock to meet orders.

Posted by Candlestick > 2016-03-09 10:15 | Report Abuse

Minimal lost from the fire outbreak and everything within control, price will move back to where it was.

piggybank

132 posts

Posted by piggybank > 2016-03-09 15:08 | Report Abuse

See rebound already

vxpoison

1,906 posts

Posted by vxpoison > 2016-03-09 15:27 | Report Abuse

QR out ??

tkc2

116 posts

Posted by tkc2 > 2016-03-09 16:42 | Report Abuse

end month

Posted by rubberlover > 2016-03-09 19:43 | Report Abuse

Alamak everyone kena tipu from the fire. Maybe owner burn part of it to collect at lower price? =P

bsngpg

2,842 posts

Posted by bsngpg > 2016-03-09 21:46 | Report Abuse

If you care to read the announcement from the company on that afternoon itself, it had been clearly stated that only the newly constructed warehouse was on fire and most importantly Production Lines are NOT affected at all. Then after and even few days after , you are offered plenty of time to buy at 0.80-0.805.
It is people who do not understand the biz of Comfort scare to grasp the buying opportunity.
I regret that I only have limited fund collecting at 0.80.

trap44

152 posts

Posted by trap44 > 2016-03-09 23:34 | Report Abuse

Tomorrow drop, if you can buy more.

Posted by Candlestick > 2016-03-10 10:45 | Report Abuse

美元回升‧康复手套漲4仙
Author: Tan KW   |   Publish date: Thu, 10 Mar 2016, 09:12 AM

 
2016-03-10 09:00
 
(吉隆坡9日訊)上週五因傳出倉庫失火而慘遭市場拋售的康复手套(COMFORT,2127,主板工業產品組),股價週三迎來反彈,全天漲4仙或4.94%。
 
投資情緒回穩加上美元匯率回升,康复手套週三盤中一度漲4.5仙或5.55%至85.5仙,終場收市掛85仙,成交量735萬6千300股。
 
上週五,康复手套旗下位於霹靂的倉庫發生火患,失火地點是該公司新建好的3層樓倉庫與停車場。
惟生產線不受影響,失火原因尚在調查當中,相關損失也有待估計。
失火消息導致康复手套股價當天一度跌破80仙大關,後來跌幅雖收窄,全天仍跌6.32%前稱綜合橡膠(IRCB)的康复手套,是在去年7月擺脫PN17陷困公司地位,其業績也明顯好轉。截至2016財政年首9個月,康复手套營業額按年漲51.21%,淨利則猛漲超過10倍,至1千626萬3千令吉。
 
股價:85仙
總股本:5億5千879萬股
市值:4億7千497萬令吉
30天日均成交量:350萬股
最新季度營業額:6千127萬6千令吉
最新季度盈虧:淨利716萬5千令吉
每股淨資產:27仙
本益比:-
周息率:-
大股東:江培根(音譯,18.11%)(星洲日報/財經)


點看全文:http://biz.sinchew.com.my/node/132777#ixzz42STPaFdH

sheep

3,849 posts

Posted by sheep > 2016-03-10 15:13 | Report Abuse

when report out about the damages, sure drop 10sen. goods burnt , orders not being able to comply, and backlog of orders, orders cancelled...etc. but below 0.76 sure win. wakaka

sheep

3,849 posts

Posted by sheep > 2016-03-17 10:51 | Report Abuse

price dropping. result and report must be damaging.. queue to buy at 0.72 sure win wakaka

bsngpg

2,842 posts

Posted by bsngpg > 2016-03-17 11:41 | Report Abuse

I queue at 0.82 for few days already but no one want to sell to me. Let's wait.

Armageddon

257 posts

Posted by Armageddon > 2016-03-17 15:51 | Report Abuse

I think the price 0.825 gonna go up soon!

Armageddon

257 posts

Posted by Armageddon > 2016-03-17 16:17 | Report Abuse

Come on wallop the seller gonna fly soon!

Posted by OnTopGainer > 2016-03-19 23:23 | Report Abuse

Good quarter report out of this end of month.

philip31

348 posts

Posted by philip31 > 2016-03-20 09:36 | Report Abuse

Comfort will go above Rm1.00 this year. Target is RM1.20 by June. This company is run by ex-boss of Seal Polymer ...... know how to make profit for company and share holders.

wjwong

100 posts

Posted by wjwong > 2016-03-22 18:39 | Report Abuse

er.. praying hard

MaBadri

945 posts

Posted by MaBadri > 2016-03-23 07:40 | Report Abuse

boleh masuk ke

Posted by Jolin Lai Chi Pet > 2016-03-23 07:42 | Report Abuse

It is a BUY now

MuttonCurry

1,192 posts

Posted by MuttonCurry > 2016-03-23 11:35 | Report Abuse

Stock now ripe to pick up. Collect now !

Posted by ronaldsoo373 > 2016-03-23 16:37 | Report Abuse

good entry price

beanchan

149 posts

Posted by beanchan > 2016-03-25 22:01 | Report Abuse

Good QR

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