Posted by ooi8888 > 2020-07-17 17:06 | Report Abuse

baby very smart and daring

Posted by wehcant > 2020-07-17 17:08 | Report Abuse

ya geary. I held it for a couple of months though. I almost wanted to cut lost at one time. Phew, I am glad I did not.

Posted by Baby Shark > 2020-07-17 17:09 | Report Abuse

wehcant Soon, yoo will be a GREAT white shark! :-)
17/07/2020 5:04 PM

Hahaha.. nola
Just am very famous on Facebook. I have 2 Facebook groups both created by me..
Public group 58,000 members & secret group 7,300 members..
All of them trust me la.. and my postings paling laku

Posted by Baby Shark > 2020-07-17 17:13 | Report Abuse

ooi8888.. Me takut type.. wakakaka

Posted by wehcant > 2020-07-17 17:13 | Report Abuse

Baby shark, can we join your groups? We want to swim alongside a shoal of sharks too.

Posted by Baby Shark > 2020-07-17 17:14 | Report Abuse

I check counter movements for years baru enter.. you won't believe

Posted by Baby Shark > 2020-07-17 17:18 | Report Abuse

wehcant.. if you know me sure want visit me..I got durians.. hahaha

Posted by ikanbilishehe > 2020-07-17 17:19 | Report Abuse

sifu baby shark what is ur tp for comfort ?

Posted by Baby Shark > 2020-07-17 17:22 | Report Abuse

ikanbilishehe sifu baby shark what is ur tp for comfort ?
17/07/2020 5:19 PM

Actually dis counter I mong mong cha cha.. when shark pressing down the price they press a lot, if your timing good then ma make money lo..

Posted by lussuoso > 2020-07-17 17:31 | Report Abuse

@Baby Shark mind to share your groups?

Posted by omione > 2020-07-17 18:20 | Report Abuse

https://www.globaltimes.cn/content/1194728.shtml

Chinese vaccine candidate effective against all known coronavirus strains: Sinopharm

Posted by PresidentRotiCanai > 2020-07-17 19:15 | Report Abuse

Wah, boss collect shares during gap down this morning

Posted by wehcant > 2020-07-17 19:47 | Report Abuse

My boss is so clever.

Posted by ooi8888 > 2020-07-17 21:08 | Report Abuse

he is smart and daring, haha...

Posted by Aaron_tan > 2020-07-17 21:34 | Report Abuse

Vaccine out . Monday limit down?

Posted by JBond007 > 2020-07-17 21:34 | Report Abuse

History in the making.
Comfort director, Dato Lau bought back Comfort shares today.

Posted by patrick8 > 2020-07-17 21:35 | Report Abuse

Next qtr report will have more millions net profits

Posted by patrick8 > 2020-07-17 21:37 | Report Abuse

Buy on dips and when price softens.

Posted by skyhin > 2020-07-17 21:54 | Report Abuse

007.. Sure buy back... Time is push to max TP 7 n next tp12..... Believe me... Will next supermax...

Posted by genghis > 2020-07-17 22:27 | Report Abuse

bos buy share indicate good quater la.apa lagi mau.monday buy..

Posted by enigmatic ¯\_(ツ)_/¯ > 2020-07-17 22:53 | Report Abuse

Bos beli. Will it reignite the engines for Comfort to surge further? It's been fun to watch so far, seeing the gloves' seemingly unstoppable run.

Posted by MariYahiMariYaho > 2020-07-17 23:16 | Report Abuse

My friend all in 3.50

Posted by saahmad7 > 2020-07-18 00:02 | Report Abuse

Moving Average 20 approaching green candle, good sign to buy more

Posted by Croxxx > 2020-07-18 07:16 | Report Abuse

Director buy is good signal. Hopefully he buy back more like TG and Supermx

Posted by Tlim11 > 2020-07-18 07:26 | Report Abuse

Next week shall see reverse head n shoulders. Hold on n ride past 4.50

Posted by CannieST > 2020-07-18 08:23 | Report Abuse

Can reach RM 5.00?

Posted by EngineeringProfit > 2020-07-18 08:28 | Report Abuse

8.00....coming

huat ar

Posted by cannielim > 2020-07-18 10:57 | Report Abuse

WORLD NEWS
JULY 18, 2020 / 7:01 AM / UPDATED 4 HOURS AGO
For first time, world records 1 million coronavirus cases in 100 hours - Reuters tally

https://uk.reuters.com/article/uk-health-coronavirus-global-cases/for-first-time-world-records-1-million-coronavirus-cases-in-100-hours-reuters-tally-idUKKCN24I2WN

Posted by set4922 > 2020-07-18 11:55 | Report Abuse

谁有玩 COMFORT 的股东们 可以加我微信 wenhao_1992 我加你们进群 交流交流~~

Posted by ikanbilishehe > 2020-07-18 11:58 | Report Abuse

director pun curi beli comfort jor.....

Posted by Kevin Tam > 2020-07-18 12:03 | Report Abuse

Supermax n Harta r too expensive n have reached crazy prices zone ; it looks like Comfort n Kossan still in reasonable price/ valuation, Comfort should be able to reach RM4.25-4.30 n above next week ...

Posted by cannielim > 2020-07-18 12:04 | Report Abuse

Ha.... ha

Posted by patrick8 > 2020-07-18 12:05 | Report Abuse

At the moment this counter don't have the scale and volume of the big 4.
Start at TP 1, RM 4.5 , the following Qtr TP 2, RM 5.50 and so forth.

Posted by ccheemd > 2020-07-18 12:10 | Report Abuse

There is potential for speculative play that may surprise to the upside when the sharks start their move

Posted by shadowz > 2020-07-18 14:30 | Report Abuse

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 bombominvest > 2020-07-18 14:48 | Report Abuse

comfort gogo rm6!

Posted by bombibistock > 2020-07-18 14:48 | Report Abuse

wah boom! click in you can see TA, i think rm5 to 6 ok!

Posted by geary > 2020-07-18 15:03 | Report Abuse

Covid19 Pandemic.

The first case was reported in China in early January and it took three months to reach 1 million cases. It has taken just four days to climb to 14 million cases from 13 million recorded on July 13.

Global coronavirus infections passed 14 million on Friday, according to a Reuterstally, marking the first time there has been a surge of 1 million cases in under 100 hours.

The first case was reported in China in early January and it took three months to reach 1 million cases. It has taken just four days to climb to 14 million cases from 13 million recorded on July 13.

The United States, with more than 3.6 million confirmed cases, is still seeing huge daily jumps in its first wave of COVID-19 infections. The United States reported a daily global record of more than 77,000 new infections on Thursday, while Sweden has reported 77,281 total cases since the pandemic began.

Despite the surging cases, a cultural divide is growing in the country over wearing masks to slow the spread of the virus, a precaution routinely taken in many other nations.

U.S. President Donald Trump and his followers have resisted a full-throated endorsement of masks and have been calling for a return to normal economic activity and reopening schools despite the surging cases.

Other hard-hit countries have “flattened the curve” and are easing lockdowns put in place to slow the spread of the novel virus while others, such as the cities of Barcelona and Melbourne, are implementing a second round of local shutdowns.

The number of cases globally is around triple that of severe influenza illnesses recorded annually, according to the World Health Organization.

The pandemic has now killed more than 590,000 people in almost seven months, edging towards the upper range of yearly influenza deaths reported worldwide. The first death was reported on Jan. 10 in Wuhan, China before infections and fatalities then surged in Europe and later in the United States.

The Reuters tally, which is based on government reports, shows the disease is accelerating the fastest in the Americas, which account for more than half the world’s infections and half its deaths.

In Brazil, more than 2 million people have tested positive including President Jair Bolsonaro, and more than 76,000 people have died.

India, the only other country with more than 1 million cases, has been grappling with an average of almost 30,000 new infections each day for the last week.

Those countries were the main drivers behind the World Health Organization on Friday reporting a record one-day increase in global coronavirus cases of 237,743.

In countries with limited testing capacity, case numbers reflect only a proportion of total infections. Experts say official data likely under-represents both infections and deaths. - Reuters

Posted by geary > 2020-07-18 15:07 | Report Abuse

KUALA LUMPUR (July 18): Malaysia needs to have the capability to produce critical products, said Prime Minister Tan Sri Muhyiddin Yassin.

He said this covered the food and beverage sector, medical devices, medicines, petrochemicals, and personal protective equipment like gloves and face masks.

"When the country has this capability, we can reduce the outflow of the Malaysian currency and increase the export of local products,” he said when launching the national-level Mega Sales Programme and Buy Malaysian Products Campaign at Suria KLCC here today.

Therefore, the government is studying and review the existing policies to reduce dependence on imported products and give priority to building the capacity of local industries to produce made in Malaysia products, he added.

Posted by EngineeringProfit > 2020-07-18 15:10 | Report Abuse

These were not mentioned in their medieval texts....

....just follow what the Creator wants - whatever mentioned

Posted by geary > 2020-07-18 15:12 | Report Abuse

Trading of glove stocks is not for the uninitiated and faint-hearted

BURSA Malaysia is not a market for retailers. Some 30% of the index weighting is on glove stocks – namely Top Glove Corp Bhdand Hartalega Holdings Bhd.

On a single day, the price of the four glove stocks can gyrate anywhere between 20% and 30% and it is accompanied by huge volumes, which suggests that it is a playing ground for the funds as well as punters.

In a single day last week, Supermax Corp Bhd, which is among the top four glove companies, gyrated as much as RM5.30. It went as high as RM17.80 and as low as RM12.50, before closing the day at RM15.90.

A normal investor would probably have had a heart seizure. Anybody who had bought the stock at the peak with the view of selling on the same day would have lost his or her pants.

The story is the same for all the other glove stocks. The price gyration is scary, to say the least. The stocks are up in the morning before coming down late afternoon and picking up strongly by the end of the trading day.

Clearly, it is not the kind of market for retailers. It’s only for those who are really experienced in trading and understand the dynamics of jumping in and out without getting hurt.

Some research houses have tagged unprecedented valuations on glove stocks. It’s surprising that even the foreign houses have raised the price of the top-notch glove companies such as Top Glove and Hartalega to more than RM30. Credit Suisse’s target for Top Glove is RM37.

Glove stocks are trading at historical price earnings (PE) multiple of between 75 time and 170 times at current prices. Among the four glove manufacturers, the stock with the highest PE multiple is Supermax while Kossan Rubber Industries Bhdis at the lowest end at 75 times PE.

If the stocks hit the price targets as set out by the research houses, we are looking at Supermax possibly trading at almost 200 times PE and Top Glove at more than 120 times PE. The mind-boggling valuations are jaw-dropping but analysts seem to suggest that the stocks have the earnings potential.

Are analyst reports reliable?

The upgrade in price targets by research houses suggests that there is an impending earnings explosion of the companies in the second quarter. But what the research houses fail to stress is the sustainability of the earnings.

To the pessimist on glove stocks, they would say that analyst reports certainly are not a yardstick as they are just forecast numbers and not any indication to buy or sell the stock.

However, to be fair, some research houses had predicted Top Glove to be RM25 a month ago when it was barely touching RM15. Then, many had dismissed the price target as nonsensical. Now, RM25 seems to be a reasonable price for Top Glove for some.

Amidst the optimism surrounding glove stocks, it’s interesting to note that the major shareholders of Kossan have disposed of a little of their holdings in the market. The family of Tan Sri Lim Kuang Sia, who control Kossan and are known for not selling their shares even when prices were high, sold a few million shares in recent weeks.

The family still retains a substantial 47% in Kossan. Their move to take some money off the table is something that should not be dismissed. It’s a clear signal that glove stocks are looking over-valued.

The interest on glove stocks is so huge that it is said to be responsible for the crash of Bursa Malaysia’s trading system on Thursday. The crash came as there was heavy selling on glove stocks following news that the US authorities have stopped some shipments of Top Glove’s exports to that country.

The US market accounts for 25% of Top Glove’s exports and gives the highest average selling prices for the gloves. Hence, the impact is significant on Top Glove.

The announcement was out during the lunch break although news of the consignment being stopped seeped into the market in the morning. Top Glove resumed trading at 3.30pm. Shortly later, the system crashed.

Brokers feel that the crash came about because of the heavy sell order for glove stocks, which is not surprising considering the volume these stocks garner.

The run on the glove stocks is a reminder of the dotcom run in 1999 when semiconductor producers namely Malaysian Pacific IndustriesBhd and Unisem Bhd were the darlings of the stock market.

The stocks were on an uptrend for almost a year before the dotcom crash in 2000. The two stocks hit ballistic valuations that not many fund managers had envisaged. Until today, the two stocks are still considered the bell-weather for the tech sector.

But now there are many more players in the tech sector. They are diversified into several segments within the sector and Technology is an index within Bursa itself.

Similarly, the play on glove companies is now focused on the top four stocks. The others are enjoying the run on the sector. If demand for gloves continues, the sector will likely see more new names emerging on the stock market.

Posted by EngineeringProfit > 2020-07-18 15:14 | Report Abuse

No.....It's for superinvestors only

One way to Fortune 500.....let's make the history together.....starting his year

huat ar

Posted by geary > 2020-07-18 15:40 | Report Abuse

NEW YORK CITY: The US is pinning its hopes on a COVID-19 coronavirus vaccine, but will a vaccine alone be enough to stop the pandemic and allow life to return to normal?

The answer depends on a how “good” the vaccine ends up being.

In a study published on Jul 15 in the American Journal of Preventive Medicine, my colleagues and I used a computer simulation of every person in the country to show how effective a vaccine would have to be and how many people would have to get vaccinated to end the pandemic.

We found that a coronavirus vaccine’s effectiveness may have to be higher than 70 per cent or even 80 per cent before Americans can safely stop relying on social distancing.

By comparison, the measles vaccine has an efficacy of 95 per cent to 98 per cent, and the flu vaccine is 20 per cent to 60 per cent.

IMPORTANCE OF AN EFFECTIVE VACCINE

Some political leaders have suggested that society will return to normal soon, especially if a vaccine becomes available by the end of the year or early in 2021. Some vaccines are currently in early-stage trials, but that timeline would still be very optimistic.

However, it is important to remember that a vaccine is like many other products: What matters is not just that the product is available but also how effective it is.

FILE PHOTO: Small bottles labeled with a "Vaccine COVID-19" sticker and a medical syringe
Small bottles labeled with a "Vaccine COVID-19" sticker and a medical syringe are seen in this illustration taken taken on Apr 10, 2020. (Photo: REUTERS/Dado Ruvic)
Different vaccines may offer different levels of protection. Scientists talk about this as the vaccine’s efficacy or effectiveness.

If 100 people who haven’t been exposed to the virus are given a vaccine that has an efficacy of 80 per cent, that means that on average 80 of them would not get infected.

The difference between efficacy and effectiveness is that the former applies when vaccination is given under controlled circumstances, like a clinical trial, and the latter is under “real-world” conditions. Typically, a vaccine’s effectiveness tends to be lower than its efficacy.

Since COVID-19 coronavirus vaccines are still under development, now is the time to set vaccine efficacy levels to aim for, as well as to manage expectations. Running computer simulations is really the only way to ethically do this.

Typically, in an epidemic or pandemic, as more people are exposed to the virus, the number of new infections per day steadily increases until it reaches a peak and begins to drop. Of course, how long this takes depends upon how the virus and the response to it may evolve over time.

To stop the pandemic, the number of new infections per day needs to drop to zero, or at least to a very low number, as quickly as possible.

If the COVID-19 pandemic were just beginning and the population infected was close to 0 per cent, the simulations show that vaccine efficacy would have to be at least 60 per cent to stop the coronavirus if the entire population was vaccinated.

Given the number of susceptible people who couldn’t be vaccinated because of age or health problems and the number who would refuse to be vaccinated, that’s probably impossible.

Posted by geary > 2020-07-18 16:41 | Report Abuse

Uncle KYY today.

Common sense will tell you that the Covid 19 pandemic will not be under control for at least another 6 months and the demand for gloves will continue to exceed supply.

You can avoid stress and worry if you just buy and hold for a few months. You don’t need a crystal ball or consult a fortune teller to tell you that the price for Supermax and other glove stocks will continue to go up higher and higher until the pandemic is under control.

Posted by myongcc5 > 2020-07-18 17:36 | Report Abuse

Moderna vacinne already have many adverse side effects.
Just some days ago.
Guess no vaccine wth high efficacy n low side effect will b produced wth FDA approval fr at least a year fm now.
In medicine, ti's is very conservatives timing.
U can check Google fr how vaccines being produce!

Posted by myongcc5 > 2020-07-18 17:38 | Report Abuse

Wth the cases rising, economy not going to do well.
Smart $$$ will continue to flow to gloves n drug producers overseas

Posted by Tlim11 > 2020-07-18 18:12 | Report Abuse

IBs n insiders already have price models revised base on revised asp on the high end which is currently going on due to higher worldwide cases. Expect a slew of TP upgrades including Comfort

Posted by geary > 2020-07-18 18:30 | Report Abuse

xuxu @geary you are here, comfort is the MUST buy stock now.
14/07/2020 2:46 PM

Already bought last 4th week of June...

By 2021 January...TP...@6.80...!!!

Posted by skyhin > 2020-07-18 18:52 | Report Abuse

Sure boh, can justify cal ?

Posted by geary > 2020-07-18 18:57 | Report Abuse

skyhin Sure boh, can justify cal ?
18/07/2020 6:52 PM

Of course there are various variables...like vaccine...macroeconomics n geopolitical to consider...if using only TA n FA...Probably within 1 year around...@8.80...!!!