Posted by super_newbie > 2020-07-14 12:38 | Report Abuse

It's good to have a own target price, manage your risk whenever a certain tp is hit. I strongly believe comfort can go further this month, but still need to monitor closely. Guess IBs have some action where this happens once ago when so many IBs pop out giving higher TP back in May.

Posted by skyhin > 2020-07-14 12:41 | Report Abuse

Rhb Nre TP 4.80.... Come on baby to break 4.00 or 4.20 previous high level... Let limit up what carepls has done it

Posted by super aloha > 2020-07-14 13:08 | Report Abuse

wao...bought 3.55 last two days...
profit take 3.90...…
Bye and see u...

Posted by dusti > 2020-07-14 13:13 | Report Abuse

Can do 4.50?

Posted by PresidentRotiCanai > 2020-07-14 13:19 | Report Abuse

https://www.theedgemarkets.com/article/rhb-upgrades-comfort-gloves-buy-raises-target-price-rm480?type=malaysia

Posted by geary > 2020-07-14 13:34 | Report Abuse

Baby Shark 10 dollars I also no sell.. hehe
14/07/2020 12:25 PM

Need to sell partially...to have more margin of safety...ʘ‿ʘ

Posted by newbie2201 > 2020-07-14 13:38 | Report Abuse

Congratulations for those still holding .....

Posted by calvin501 > 2020-07-14 13:39 | Report Abuse

4.8 coming

Posted by Ronaldh > 2020-07-14 13:44 | Report Abuse

hold tight, lets break RM4 today

Posted by SiLiaw > 2020-07-14 13:44 | Report Abuse

very obvious sign of big crash for comfort, take profit and observe the crash, re-enter at lower price

Posted by Ronaldh > 2020-07-14 13:53 | Report Abuse

hahaha, lets see will have crash or not, so many sour grape here.

Posted by Bursa1575 > 2020-07-14 14:03 | Report Abuse

HUAT aaaaaah

Posted by amateurJR > 2020-07-14 14:03 | Report Abuse

Baby Shark huat d lo

Posted by amateurJR > 2020-07-14 14:05 | Report Abuse

Baby shark listen to and believe urself. Kesian u yesterday got lectured by college student!

Posted by Jingweihan > 2020-07-14 14:15 | Report Abuse

Listen to yrself huat ar

Posted by myongcc5 > 2020-07-14 14:16 | Report Abuse

If EPS 6s/Q, PE20=4.8
Very Conservative during tis glove bull!!!
7 is there, matter of time

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

My Sifu said in share investment ,cannot be too confidence as overconfidence can lead u to big mistake.

Posted by Baby Shark > 2020-07-14 14:25 | Report Abuse

Will add few biji cari makan play contra.. hahaha

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

Comfort Glove is playing catch up - Koon Yew Yin
Author: Koon Yew Yin | Publish date: Tue, 14 Jul 2020, 2:17 PM

The following is part of RHB OSK buy recommendation for Comfort Glove with a new target price of Rm 4.80.

RHB OSK Upgrade to BUY from Neutral with new MYR4.80 TP from MYR3.18, and 41% expected total return. The glove shortage has worsened as COVID- 19 cases in the US surged 24% MTD. We raise our earnings estimates and TP on higher ASPs. Our TP is based on CY21F P/E of 25x, which is at a 30% discount against peer average. This reflects its smaller market cap/liquidity to peers. BUY for its FY21 (Jan) 128% earnings growth, supported by 10% ASP increase and 14% capacity expansion.

Capacity expansion. We expect Comfort Gloves to add six production lines in FY21. Upon completion, its production capacity will increase by 14% to 5.9bn pieces pa (ppa).

My calculation

After I studied the buy recommendation by RHB OSK, I calculated the market cap of Comfort to produce 1 glove in comparison with Supermax.

Current Comfort share price is Rm 3.87 and annual production 5.9 billion gloves.

Current Supermax share price is Rm 17.60 and annual production 25.7 billion gloves.

Comfort market cap 580 million total issued shares X Rm 3.87 = Rm 2.24 billion.

Supermax market cap 1360 million total issued shares X Rm 17.60 = Rm 23.94 billion.

Comfort market cap Rm 2.24 billion divided by 5.9 billion gloves = 38 sen per glove.

Supermax market cap Rm 23.94 billion divided by 25.7 billion gloves = 93 sen per glove.

Based on my above calculation, I agree with RHB OSK Comfort target price of Rm 4.80.

Posted by geary > 2020-07-14 14:27 | Report Abuse

myongcc5 If EPS 6s/Q, PE20=4.8
Very Conservative during tis glove bull!!!
7 is there, matter of time

Yup...｡◕‿◕｡

Posted by Baby Shark > 2020-07-14 14:27 | Report Abuse

College Student comes meet me sure terkejut.. and say 'wow, big taukeh'

Posted by dxbman > 2020-07-14 14:28 | Report Abuse

Dxbman have exit from Spermx this morning with huge 8 figure profit and switch to Carepls and Comfort for short term trade. These 2 will fly this afternoon and tmrw

Posted by Baby Shark > 2020-07-14 14:29 | Report Abuse

Standby add 50 big lots play contra..

Posted by geary > 2020-07-14 14:30 | Report Abuse

Based on my above calculation, I agree with RHB OSK Comfort target price of Rm 4.80.

Oh...That's was also my own calculated conservative target price...◉‿◉

Posted by newbie0718 > 2020-07-14 14:32 | Report Abuse

powerful now....break resistance 4 easily

Posted by tahong > 2020-07-14 14:32 | Report Abuse

Good article written by Wisdom for freedom, Are gloves stock still a good buy? . Pls read it

Posted by Exnstp > 2020-07-14 14:33 | Report Abuse

up.. up.. and away :)

Posted by genghis > 2020-07-14 14:34 | Report Abuse

wahhh

Posted by newbie0718 > 2020-07-14 14:35 | Report Abuse

careplus can limit up, why can't comfort limit up.....ready to close at 4.45 today

Posted by Baby Shark > 2020-07-14 14:35 | Report Abuse

Wahhh..

Posted by geary > 2020-07-14 14:36 | Report Abuse

newbie0718 powerful now....break resistance 4 easily
14/07/2020 2:32 PM

Chance it will break its past resistance...@4.22...then slight retracement... then...uptrend again...forming another uptrending tea cup...｡◕‿◕｡

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

comfort turn to limit up ?

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

today go for 52w high breakout la...lol

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

huat ah!!!!!

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

hehe going to limit up !

Posted by divar21003 > 2020-07-14 14:39 | Report Abuse

4.45 LIMIT UP PLS

Posted by divar21003 > 2020-07-14 14:40 | Report Abuse

BROKE 4.22 52W HIGH. NOW FLY

Posted by genghis > 2020-07-14 14:40 | Report Abuse

so those who talk bad about comfort,now comfort angry already..

Posted by JC1425 > 2020-07-14 14:40 | Report Abuse

I can't believe my freaking eyes. Damn hahaha cool

Posted by pasito > 2020-07-14 14:40 | Report Abuse

luckily not cut loss this morning... go go comfort...

Posted by newbie0718 > 2020-07-14 14:41 | Report Abuse

break all resistance easily....new high now.....let's create higher new high now....haha

Posted by huatarr8888 > 2020-07-14 14:42 | Report Abuse

Target price RM 5-6!!

Posted by kennethG > 2020-07-14 14:42 | Report Abuse

why us comfort so hot today?

Posted by huatarr8888 > 2020-07-14 14:42 | Report Abuse

Fly high... this counter is backed by fundamentals!

Posted by Anaconder > 2020-07-14 14:43 | Report Abuse

Don"t know how many lambs going to be slaughter

Posted by Frank Tan > 2020-07-14 14:43 | Report Abuse

4.30 sold.
enuf thanks you.
Good luck who still hold it.All the best.

Posted by Baby Shark > 2020-07-14 14:43 | Report Abuse

Enuf !!!
Greedy sure die..

Posted by xuxu > 2020-07-14 14:43 | Report Abuse

sold, really fast pump fast dump

Posted by geary > 2020-07-14 14:44 | Report Abuse

genghis so those who talk bad about comfort,now comfort angry already..
14/07/2020 2:40 PM

Hahaha... hahaha... hahaha...laugh die me...broken English right... hehehe...◉‿◉｡◕‿◕｡ʘ‿ʘ

Posted by rr88 > 2020-07-14 14:45 | Report Abuse

Fuk breakout! Technical target 4.20 + (4.20 - 2.57) = 5.83 provided it must not close below 4.20 today n tomolo, i.e. a false breakout.