Could comfort be a M&A target? TGlove expressed that they are interested to do M&A and has the war chest to do so. TGlove can gear up to RM1bn, Comfort's market cap now is at RM388 mil.
'Cash rich Top Glove Corp Bhd is eyeing on embarking at least one acquisition exercise by August this year.'
This will another wah seong , go up from 63 cent to 90 cents. Now penny stock play.. Still can play on penny stock counter until merdeka. Wah seong = comfort = the best penny stock for 2016
nice leh, this counter i've been monitoring for a while, break resistant d, short term tp 0.80, good news then up up 1.00 not impossible... onboard today..
heard that fund manager visited their factory in taiping and very impressive on their machines ...i think fund manager will start buying... maybe private equity creador is buying ...
not easy to retrace back below 70 cents. Any retracement of 0.5 cents, the share will be wallop immediately by buyer. Very strong support at any 0.5 cents drop. Uptrend still intact .
agreed. Before the fire incident, the share price is 92 cents. Once the fire incident happened in mar 16, it plunge to 82 cents. Now comfort have recovered from it, and the share price should be going back to above 90 cents level.
invest in this stock and not trade, you will reap the fruits as you see its growing. The current price is just nice and affordable for you to buy and keep.
i think those still holding 90 cents are accumulating it at 70-72 cents as now it is trending up. Don't worry, just close eye and buy. You won't regret it
the major shareholder is cash rich. Lau family that takeover leong hup. do you think they will let other company to take over comfort? No way.. maybe they ownself take over it. They won;t put money into it if no future.
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
claris123
51 posts
Posted by claris123 > 2016-08-11 15:16 | Report Abuse
i think this one is airasia's litte brother ...AIRCOMFORT