COMFORT GLOVES BERHAD

KLSE (MYR): COMFORT (2127)

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Last Price

0.385

Today's Change

-0.005 (1.28%)

Day's Change

0.385 - 0.39

Trading Volume

280,000


25 people like this.

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

Posted by leongforever > 2020-08-10 19:16 | Report Abuse

hopefullybro...comfort lousai few day already please recover soon

Buller888

54 posts

Posted by Buller888 > 2020-08-10 19:28 | Report Abuse

Super tide will lift all boats. Congrats all glove holders

Posted by MonsterMomo > 2020-08-10 19:50 | Report Abuse

Good QR doesn't mean it will go up tomorrow...the players might want to wash out all the weak first over next 2 days before it fly again.

But overall it is a very good news from Supermax, definitely will fly again. Congrats to all, patient is the secret to win.

shine7

214 posts

Posted by shine7 > 2020-08-10 20:36 | Report Abuse

cheers~ better break new high~ i average down till i almost wet my pants

loquezila

118 posts

Posted by loquezila > 2020-08-10 21:35 | Report Abuse

who is Brian? he acquired 150k share today. very lucky to buy on cheapest price

Posted by alfredychingwong > 2020-08-10 21:38 | Report Abuse

May I know is comfort an OEM or OBM company? or both?

Posted by averageguy90 > 2020-08-10 21:54 | Report Abuse

tomorrow please green
supermax please carry all the glove up together
next qr estimated profit? looks like 30-40 million :):)

xcu843

1,044 posts

Posted by xcu843 > 2020-08-10 22:28 | Report Abuse

Supermax share up more than 10 times, profit got up 10 times?

satt1984

118 posts

Posted by satt1984 > 2020-08-10 22:48 | Report Abuse

up 25times yoy bro

KK

1,368 posts

Posted by KK > 2020-08-10 23:08 | Report Abuse

The Careplus group of companies is involved in the manufacturing, processing
and trading of gloves. Careplus manufactures OEM and OBM latex examination
glove, nitrile and vinyl gloves, surgical gloves as well as cleanroom gloves.

Supermax is like Apple phone in Brazil .
High end . Not everyone can afford .
Currently maxed out booking till next year .

Careplus is like Samsung .
Still can accomodate medium and lower end customers ( Nitrile gloves for smaller hospitals , hospices , cheaper Latex gloves for Large retail chains/convenience stores/domestic use .
Not maxed out yet as we have re started two dormant lines last month .

Supermax have started face shields ( very Good profit margin , USD 2-3 minimum per piece )

Careplus are starting to ramp up disposable gowns ( USD 1.50-2 minimum per piece )

ChaseBros

577 posts

Posted by ChaseBros > 2020-08-10 23:28 | Report Abuse

"xcu843" >> Supermax profit went up more than 25 times if comparing to previous quarter. ASP will increase around another 30% in this quarter, meaning the profit will jump from current 400M to maybe 700M to 800M on next QR. "KK" >> Supermax will start to make mask (not face shield) 8M pcs per month initially, in Malaysia, and then in Canada. From Topglov experience, they manage to setup the production in 2 months. Please look at Supermax financial report and announcement at https://www.klsescreener.com/v2/stocks/financial-report/7106/2020-06-30

ChaseBros

577 posts

Posted by ChaseBros > 2020-08-10 23:35 | Report Abuse

"alfredychingwong" >> Comfort is OEM if not mistaken. The owner suggested that we will see higher ASP increase in this quarter or next QR. He was kind enough to support existing customer thus did not raise the ASP much on last quarter, like Harta.

Ron90

4,083 posts

Posted by Ron90 > 2020-08-10 23:43 | Report Abuse

stay put with glove counters..the only one that still reliable in time of economic turmoil ..huhu

wjc4195

393 posts

Posted by wjc4195 > 2020-08-10 23:48 | Report Abuse

cannot afford to ave down already rm200k in already -50K unrealized (26% loss)
please please green tomorrow

stockpip

202 posts

Posted by stockpip > 2020-08-10 23:50 | Report Abuse

Please, don't go expecting a super turnaround V tomorrow. The profit from Supermax is just a catalyst for the continue upward trend for the glove. Share market does not work in this way. But rest assured, the bull trend is still intact. God bless.

Kevin Tam

528 posts

Posted by Kevin Tam > 2020-08-10 23:59 | Report Abuse

Supermax profit also up about 12-13 times , not 20 times, close to expectation; while comparing quarterly profit, we should use quarter vs quarter method , not compare to last year quarterly profit for glove counters... 30mil was Dec quarterly profit ( choose quarter before pandemic started ) n this quarter has jumped to 399 mil...

Baby Shark

5,915 posts

Posted by Baby Shark > 2020-08-11 08:58 | Report Abuse

Die many time here..

genghis

451 posts

Posted by genghis > 2020-08-11 09:31 | Report Abuse

too early to die.ha ha

Wukong

224 posts

Posted by Wukong > 2020-08-11 09:36 | Report Abuse

Sell

Posted by infinity888 > 2020-08-11 09:48 | Report Abuse

Here is the link to AUGUST investor briefing report.

https://klse.i3investor.com/blogs/supermax_analystbriefing/2020-08-11-...

Enjoy and This QR is not the best QR yet :))) see the price for June and July :)

Thank you,
Infinity888

Play_Joy

224 posts

Posted by Play_Joy > 2020-08-11 09:50 | Report Abuse

just remember one thing, director bought the shares in open market recently....so what do u think?? Not to worry too much, just accumulate while you can....good luck

Baby Shark

5,915 posts

Posted by Baby Shark > 2020-08-11 10:00 | Report Abuse

Lucky no greedy masuk.. otherwise die 1 more time

Baby Shark

5,915 posts

Posted by Baby Shark > 2020-08-11 10:09 | Report Abuse

Thinking want masuk few lots 5.18.. dangerous or not Genghis Khan, Playboy?

Wukong

224 posts

Posted by Wukong > 2020-08-11 10:09 | Report Abuse

保持下降

genghis

451 posts

Posted by genghis > 2020-08-11 10:39 | Report Abuse

baby i wait after 3pm.later trap.u die.c how..my q at.4.5 ha ha

failfish

39 posts

Posted by failfish > 2020-08-11 10:43 | Report Abuse

party is over?

Baby Shark

5,915 posts

Posted by Baby Shark > 2020-08-11 10:57 | Report Abuse

Okay Genghis.. untung less not sure pressure
Thanks

Kevin Tam

528 posts

Posted by Kevin Tam > 2020-08-11 11:13 | Report Abuse

Comfort not much momentum to go up, should wait for below 5.05 or 4.96....

loquezila

118 posts

Posted by loquezila > 2020-08-11 11:24 | Report Abuse

O&G counter fly up today.. so not soo much volume for glove

Anaconder

1,031 posts

Posted by Anaconder > 2020-08-11 11:24 | Report Abuse

Look stable today I think can enter loh!

flyhub888

547 posts

Posted by flyhub888 > 2020-08-11 11:27 | Report Abuse

how can this counter lose to ruberex.. it shud overtake ruberex anytine soon.. gogogo

Anaconder

1,031 posts

Posted by Anaconder > 2020-08-11 11:29 | Report Abuse

Might retest Rm 7 soon

Baby Shark

5,915 posts

Posted by Baby Shark > 2020-08-11 11:30 | Report Abuse

Hahahaha.. my oil counters all up, I don't want see dis liau..
Bye bye Genghis Khan

Sansing

1,028 posts

Posted by Sansing > 2020-08-11 11:39 | Report Abuse

Panic selling over

JC1425

325 posts

Posted by JC1425 > 2020-08-11 11:55 | Report Abuse

Haha Baby Shark switched to oil counters lol

Sansing

1,028 posts

Posted by Sansing > 2020-08-11 12:00 | Report Abuse

Time to relook tis counter

Sansing

1,028 posts

Posted by Sansing > 2020-08-11 12:01 | Report Abuse

I think right time to buy but no contra ya!

Sansing

1,028 posts

Posted by Sansing > 2020-08-11 12:03 | Report Abuse

Bull still intact

Posted by oilwaterman > 2020-08-11 13:01 | Report Abuse

World hits grim milestone of 20 million reported coronavirus cases https://www.cnn.com/2020/08/10/health/20-million-coronavirus-cases-intl/index.html

Posted by stockexchange > 2020-08-11 13:21 | Report Abuse

baby shark cut loss ald ?

Posted by foongkitmun > 2020-08-11 15:07 | Report Abuse

Roller coaster again...enjoy the ride!!!!

ChaseBros

577 posts

Posted by ChaseBros > 2020-08-11 15:11 | Report Abuse

Yup! roller coaster, the Smart Money need to press down kaw kaw before pushing up again taking advantage of this Russian vaccine as well as very promising glove counters QR coming out one after another. Just reloaded.

banana86

301 posts

Posted by banana86 > 2020-08-11 15:13 | Report Abuse

is time to say bye bye to comfort.

loquezila

118 posts

Posted by loquezila > 2020-08-11 15:19 | Report Abuse

today bottom price is a good price to enter.. much better compare to buying on top & get nightmare & uncomfortable in correction mode

ChaseBros

577 posts

Posted by ChaseBros > 2020-08-11 15:30 | Report Abuse

https://klse.i3investor.com/blogs/supermax_analystbriefing/2020-08-11 This is Supermax investor briefing for reference only. Increase volume, increase selling price from USD160 to USD180 (till July 31st) and further increase expected in Aug and Sep. Lead time up to 12 months. Biz continue to be robust at least for 1.5 years to 2 years. So all glove manufacturers will continue to see better QR after QR. Hold tight tight. I hold all big 4 and Comfort + Carepls.

ChaseBros

577 posts

Posted by ChaseBros > 2020-08-11 15:32 | Report Abuse

"loquezila" >> you are right. Losing steam to press down the price already. Volume is diminishing. Should rebound within this week. Hold tight tight and reload if you still have bullets.

Posted by stockexchange > 2020-08-11 15:43 | Report Abuse

if you believe the company fundamental, profitable, future growth, and team management, then you should not be panic for price correction.

Posted by alfredychingwong > 2020-08-11 15:43 | Report Abuse

at least today this counter has come to a 'flat' phase in curve. That means it has come to stable...hopefully i am right...

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