COMFORT GLOVES BERHAD

KLSE (MYR): COMFORT (2127)

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Last Price

0.385

Today's Change

0.00 (0.00%)

Day's Change

0.385 - 0.395

Trading Volume

408,000


25 people like this.

38,775 comment(s). Last comment by Dannyfyl88 1 week ago

newbie2201

194 posts

Posted by newbie2201 > 2020-07-13 19:49 | Report Abuse

today last round of washing .....tomorrow ready

mf

28,539 posts

Posted by mf > 2020-07-13 19:50 | Report Abuse

Pfizer, BioNTech’s coronavirus vaccines get FDA’s ‘fast track’ status

gerrarddy

265 posts

Posted by gerrarddy > 2020-07-13 20:07 | Report Abuse

Made a mistake at careplus, panic selling at 1.24 while buying at average 1.4. Ended up price hitting 1.55 three weeks later.

Today bought at average 3.55, hope share price can U-turn and get me some profit!

geary

6,340 posts

Posted by geary > 2020-07-13 20:11 | Report Abuse

The reason I bought more... Comfort Gloves...I think still haven't priced in yet...!!!
https://www.express.co.uk/news/world/1307599/china-disease-news-coronavirus-death-cases-latest-Kazakhstan

geary

6,340 posts

Posted by geary > 2020-07-13 20:25 | Report Abuse

Ha...Supermax n Hartalega...already priced in...TopGlove almost there...Kossan maybe still have some uptrend...!!!

Posted by foongkitmun > 2020-07-13 20:26 | Report Abuse

collected another batch... thank you for selling

Posted by foongkitmun > 2020-07-13 20:28 | Report Abuse

tomorrow lagi down ka? hopefully..... collect more.... 2nd quarter still very amazing....

BabyAce

1,833 posts

Posted by BabyAce > 2020-07-13 20:47 | Report Abuse

You all be cautious ba. If needed always read back what I wrote. I don't wish people to lose their hard earn money due to being manipulated by people. You decide for yourself since your money. https://klse.i3investor.com/blogs/BabyAceStockAnalysis/2020-07-03-story-h1509739362-COMFORT_2127_Detailed_Analysis_Is_it_already_overvalued_Buy_or_No_Buy_S.jsp

geary

6,340 posts

Posted by geary > 2020-07-13 20:48 | Report Abuse

Today bought at average 3.55, hope share price can U-turn and get me some profit!

Gloves counters I think power rangers lah...they can stay around 3 to 4 weeks in overbought position...n never limit down into oversold position...so you need some TA judgement when is the right price to buy...within that period... that's 50, 100 or 200 days SMA...!!!

Patience needed...@4.00 no problem...if market trends still positively aligned...!!!

BATFLY

722 posts

Posted by BATFLY > 2020-07-13 20:51 | Report Abuse

Need to understand why comfort share dropped.. Maybe overpriced!!!

geary

6,340 posts

Posted by geary > 2020-07-13 21:01 | Report Abuse

BATFLY Need to understand why comfort share dropped.. Maybe overpriced!!!

Overpriced not really if you look into its sales, profit margin n EPS growth...just take @50% average 3 years growth...then the next fiscal year the PE multiply is just 25x...or lower...growth stock where got sell at PE 10...too conservative...auditors standard lah...!!! Of course its growth has certain time period. Oversupply will happen n ASP margins will decline...Now I don't think so...still demand higher than supply...!!!

Stockhunter88

2,031 posts

Posted by Stockhunter88 > 2020-07-13 21:18 | Report Abuse

IB making you guys lost confident on this stock, will uturn soon

chtan33

242 posts

Posted by chtan33 > 2020-07-13 21:37 | Report Abuse

comfort can easily sell to india, indon, brazil etc at higher ASP. it not necessarily compete with the big 4...

geary

6,340 posts

Posted by geary > 2020-07-13 21:38 | Report Abuse

Stockhunter88 IB making you guys lost confident on this stock, will uturn soon

Stock market psychology mah... can't blame them...they earn an income...they want a good window dressing...year end...so we need to understand some tradings psychology... that's why EQ is more important than IQ...in trading or investing in stock...◉‿◉

geary

6,340 posts

Posted by geary > 2020-07-13 21:42 | Report Abuse

chtan33 comfort can easily sell to india, indon, brazil etc at higher ASP. it not necessarily compete with the big 4...

Some of those countries don't have the buying power...and they don't care much about health issues...so the demand is only for certain organisation...not everywhere...!!!

Hotstuff

3,284 posts

Posted by Hotstuff > 2020-07-13 21:56 | Report Abuse

once glove stocks collapse all related counters will follow.

PZOGRO

1,052 posts

Posted by PZOGRO > 2020-07-13 22:31 | Report Abuse

Let’s face the reality comfort hlt carepls all are small cap like ruberex boss said why offered much lower price for MGO. Tomorrow small cap will collapse back to normal price which he said this might not be sustainable....


Hextar, Ong explain rationale of RM1.80 offer price for Rubberex
https://www.thestar.com.my/business/business-news/2020/07/13/hextar-ong-explain-rationale-of-rm180-offer-price-for-rubberex

Gaussian

3,048 posts

Posted by Gaussian > 2020-07-13 22:38 | Report Abuse

Tomorrow comfort limit down

PZOGRO

1,052 posts

Posted by PZOGRO > 2020-07-13 22:44 | Report Abuse

While big 4 hitting record high, small cap glove limit down back to square tomorrow

PZOGRO

1,052 posts

Posted by PZOGRO > 2020-07-13 22:45 | Report Abuse

Comfort fair value 1.80 only sighhh

ccheemd

33 posts

Posted by ccheemd > 2020-07-13 22:49 | Report Abuse

It is still a fundamentally strong company with visible Super earning growth. Don’t throw away your tickets to the sharks!!

skyhin

522 posts

Posted by skyhin > 2020-07-13 23:20 | Report Abuse

2 days DJI up....... Our master 2127 drop? Who can predict tomolo drop again........

newbie2201

194 posts

Posted by newbie2201 > 2020-07-13 23:26 | Report Abuse

How to compare rubberex with comfort ? 50-60million revenue compare with 140-150mil.

Jokers2020

2,006 posts

Posted by Jokers2020 > 2020-07-13 23:28 | Report Abuse

Everyday I queue buy at limit down price but cannot get,haizzz.Tomorrow will try again...I will never chase if it goes up.
Hope what you say limit down will come true...DJ green & up 400point again


Posted by Gaussian > Jul 13, 2020 10:38 PM | Report Abuse

Tomorrow comfort limit down

skyhin

522 posts

Posted by skyhin > 2020-07-13 23:56 | Report Abuse

2020... U queue how much?

michaelwong

3,072 posts

Posted by michaelwong > 2020-07-14 01:23 | Report Abuse

Slight drop below 3.40 by 2morrow would lend strong buying support to set in for technical rebound

mf

28,539 posts

Posted by mf > 2020-07-14 04:07 | Report Abuse

Pfizer and German biotech BioNTech SE were granted fast track designation by the FDA for two of the companies’ four vaccine candidates against the coronavirus. BioNTech jumped 11%.

3jrockie

133 posts

Posted by 3jrockie > 2020-07-14 08:01 | Report Abuse

Good Morning people.

Today Close Green.Rebound Day


https://www.channelnewsasia.com/news/world/covid-19-coronavirus-crisis-get-worse-who-12928588?cid=FBcna

Jokers2020

2,006 posts

Posted by Jokers2020 > 2020-07-14 08:29 | Report Abuse

will queue to buy at 3.28....come seller sell to me

Gaussian

3,048 posts

Posted by Gaussian > 2020-07-14 08:46 | Report Abuse

Ready to sell. Hahaha

Posted by 24HoursProducing > 2020-07-14 08:51 | Report Abuse

Hold for 10 years dividend

kanzaki123

302 posts

Posted by kanzaki123 > 2020-07-14 09:21 | Report Abuse

Reversal?

bananaban

77 posts

Posted by bananaban > 2020-07-14 09:22 | Report Abuse

In a sudden, fly up back

newbie2201

194 posts

Posted by newbie2201 > 2020-07-14 09:22 | Report Abuse

As me say..... yesterday last day of washing

newbie0718

554 posts

Posted by newbie0718 > 2020-07-14 09:23 | Report Abuse

what a come back

Posted by bursaking9999 > 2020-07-14 09:23 | Report Abuse

Comfort is skyrocketing

Posted by bursaking9999 > 2020-07-14 09:24 | Report Abuse

Comfort turn liaooooooooooo hahahahaha

Posted by 24HoursProducing > 2020-07-14 09:25 | Report Abuse

PE still low compared to other glove counters plus full business booking till next year. OK la

JC1425

325 posts

Posted by JC1425 > 2020-07-14 09:26 | Report Abuse

Sky rocketing apa benda. When up 19cents and now turun balik. X bokeh pakai punya counter

youth_88

22 posts

Posted by youth_88 > 2020-07-14 09:26 | Report Abuse

be careful....

super_newbie

1,261 posts

Posted by super_newbie > 2020-07-14 09:35 | Report Abuse

No need to scare lah...
Supermax EPS=10.37, Price=RM17
Comfort EPS=7.05, Price=RM3.5

Still room to grow or Supermax room to correction.

Hotwires

225 posts

Posted by Hotwires > 2020-07-14 09:35 | Report Abuse

michaelwong
2520 posts
Posted by michaelwong > Jul 14, 2020 1:23 AM | Report Abuse

Slight drop below 3.40 by 2morrow would lend strong buying support to set in for technical rebound

--------

Spot on!!

Posted by bursaking9999 > 2020-07-14 09:37 | Report Abuse

No turn back lah

genghis

451 posts

Posted by genghis > 2020-07-14 09:38 | Report Abuse

wow.hope continue towards the end

megat36

175 posts

Posted by megat36 > 2020-07-14 09:50 | Report Abuse

bottoming tail in weekly chart...yes.....time for up up up.....

Posted by bursaking9999 > 2020-07-14 09:51 | Report Abuse

sui sui boy zap jui comfort

LiimInvest

2,267 posts

Posted by LiimInvest > 2020-07-14 09:54 | Report Abuse

*Rubber Products (Overweight)*

ASP Uptrend Intact
Sector Update
Maintain OVERWEIGHT on sector, with Top Glove (TOPG MK, BUY, TP: MYR28.88) as our Top Pick. Global gloves shortages has worsened as COVID-19 cases in US surged 24% month-to-date. For all five gloves stocks that we cover, we raise our earnings estimates and TP due to higher ASPs assumptions. Our Top Pick is Top Glove due to its superior market cap/liquidity and its ability to raise ASP more than peers.


*Top Glove (TOPG MK, BUY, TP: MYR28.88)*
ASP Uptrend Continues
Company Update
Keep BUY with higher DCF-derived MYR28.88 TP from MYR24.80, 20% upside and 1% yield. Gloves shortages has worsened as COVID-19 cases in US surged 24% month-to-date. We raise our earnings estimates and TP due to higher ASPs. Our new TP reflects 33.5x FY21F P/E (+1.8SD to the 5-year mean). The premium is justified due to its status as the biggest gloves producer globally and its ability to raise ASP more than peers.


*Hartalega (HART MK, BUY, TP: MYR21.60)*
ASP Uptrend Intact
Company Update
Maintain BUY with higher DCF-derived MYR21.60 TP from MYR19.00, 21% upside and 1% yield. Gloves shortages has worsened as COVID-19 cases in US surged 24% month-to-date. We increase our earnings estimates and TP due to higher ASP. Our TP reflects 44.9x CY21F P/E or +1.6SD above its 5-year mean valuation. The premium is justified due to its highest exposure (96%) to nitrile gloves which command better ASP.


*Supermax (SUCB MK, BUY, TP: MYR18.88)*
Steeper ASP Increase At Distribution Level
Company Update
Keep BUY with higher DCF-derived MYR18.88 TP from MYR13.88, 18% upside and 1% yield. Gloves shortages has worsened as COVID-19 cases in US surged 24% month-to-date. We increase our earnings estimates and TP due to higher ASP. As Supermax has its own distribution channel in US, we expect its earnings to outperform peers. Our new TP reflects 27.5x FY21F P/E. This is at 23% discount against sector average due to its smaller market cap/ liquidity.


*Comfort Gloves (CG MK, BUY, TP: MYR4.80)*
A Rising ASP Lifts All Boats
Company Update
Upgrade to BUY with new TP of MYR4.80 from MYR3.18, 40% upside with c. 1% yield. Gloves shortages has worsened as COVID-19 cases in US surged 24% month-to-date. We increase our earnings estimates and TP due to higher ASP. Our TP is based on CY21F P/E of 25x – 30% discount against peers average. This is to reflect its smaller market cap/liquidity to peers. BUY for its FY21 earnings growth of 128% supported by 10% ASP increase and 14% capacity
expansion.


*Kossan (KRI MK, BUY, TP: MYR15.50)*
Factoring In Higher ASP
Company Update
Keep BUY with DCF-derived TP of MYR15.50 from MYR13.00, 22% upside plus c.1% yield. Gloves shortages has worsened as COVID-19 cases in US surged 24% month-to-date. We increase our earnings estimates and TP due to higher ASP. Our TP implies a FY21F P/E of 31.3x or 13% discount against sector average forward P/E. This is justified due to its smaller market cap and lower liquidity.

Sources :RHB Research

Frank Tan

533 posts

Posted by Frank Tan > 2020-07-14 09:54 | Report Abuse

2nd line glove game just start today,can see many buying big lots,hold......

super_newbie

1,261 posts

Posted by super_newbie > 2020-07-14 09:58 | Report Abuse

some big guy collecting ticket at 3.61-3.62

colorsp

2 posts

Posted by colorsp > 2020-07-14 09:59 | Report Abuse

add oil add oil comfort, lets create the miracle.

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