I moved out of Comfort wholesale after comparing the recent qr eps of Comfort (2. 8 sen) vs Careplus recent qr eps (6.7 sen). So performance per share, Careplus is actually out doing Comfort by 3x. Been riding the Careplus horse since 2.40. Not wanting to put off the Comfort supporters here (I was one myself too) but you can't argue with earnings numbers. Thank you Comfort for making me significant money but it's time to bid farewell.
Wait lah. Definitely will rally again. If you can predict the movement so accurately, you would have been the Market Maker or Smart Money instead of forum member. We just sit tight tight and follow the flow. The fundamental is intact so nothing to worry. More and more profit in coming quarters. Most fund will reallocate the portfolio in view of the lacklustre performance of most companies with the QR rolling out one after another in this month, next month and following month.
it is going to be sideway trend.last time ib gave tp for comfort was 4.8.c if its go down to that level.price not stable.those caught at level 6 and above probabaly willtake few weeks to move up.
ChaseBros Wait lah. Definitely will rally again. If you can predict the movement so accurately, you would have been the Market Maker or Smart Money instead of forum member. We just sit tight tight and follow the flow. The fundamental is intact so nothing to worry. More and more profit in coming quarters. Most fund will reallocate the portfolio in view of the lacklustre performance of most companies with the QR rolling out one after another in this month, next month and following month. 11/08/2020 4:37 PM
Price keep going down everyday you ask me don't worry ka..
"Baby Shark" >> That is depending on your personality, investment profile, strategy, war chest as well as entry price. The Smart Money and Market Maker are the champ in such game. I understood your feeling and that was why I entered and left multiple times and at the end of the day, it was more worthwhile to hold tight tight. After several months and seeing this repeated pattern to raise and damping the investors hope, I'm calmer now. That is neither right nor wrong, just that you have to develop your own investment strategy. Some just park money like FD and never look back till next quarter.
Frankly, if you look at the glove company, especially the Top 3, their book order already reach till end of 2021 and very soon 2022. I'm just wondering what are they gonna do with the cash. Supermax cash in hand increase from RM100M+ to RM1.1B+ (due to profit and upfront deposit) and subsequent quarter would be RM2B, RM3B, etc, easily pay-off the 2-years expansion plan with one quarter earning, likewise Comfort will also see super good earning in coming quarters. Those who quit, please go ahead, your holding is negligible and so is mine. Probably our mouth is bigger than our war chest. Even after KYY left Comfort with his multi-million investment, the market did not drop but shoot up thereafter.
Russia approves or CDC/WHO approves the vaccine? Russia can approve many things but how many Russian made product that you are using? We have been supplying our machines to Russia and even the local do not trust their product (and will not use given a choice). But I'm really thankful for this news because I was afraid cannot catch Comfort again below 5.
Comfort is cheaper than careplus n harta n Kossan in valuation but not easy to go to to Rm6.50 n above again .... So far the 6-7 glove counters, only Topglove n Supermax quarterly profit near market expectation... Kossan result will be out soon as well ...
"Kevin Tam" >> Actually I also do not what it meant by market expectation because they are so many figures coming from so many parties. Probably this forum, uncle/auntie in the pasar, a couple hundred or thousands are defined as the "market"? As far as the IBs are concern, many are revising the Supermax price up to 30s upward. As such it exceeds the market expectation and going forward the next QR PAT would be double of last QR. Harta was actually within expectation but that people are blowing it out of proportion making non sensible remarks without understanding its business model and its actual ASP. Despite only 5% increase in ASP, Harta delivered a stellar performance. Going forward would be 30%, so on and so forth. Anyway, I can't tell what and when is the Smart Money or Market Money next move, just go along with it. If I knew it was gonna reach RM7, I would not have dumped it at RM5 previously, and re-enter just recently.
@chasebros - Exactly, they have actually exceeded expectations, hence revisions. My hope is comfort is able to increase their prices and PAT margins. Supermax' margins are phenomenal.
Wrong , Harta never met expectation by Rm210 mil profit of latest quarter, her share price should be adjusted down by 15% from 19.50..... Those investment banks r one of the culprits to push up handglove counters prices n make their valuation to be very high ... Don’t just talk about profit of 2020 n 2021, how about profit for 2022 n 2023 ?
Stock futures up over 250 points after Russia claims to have approved first coronavirus vaccine PUBLISHED MON, AUG 10 20206:08 PM EDTUPDATED 26 MIN AGO
Soon or later gloves stock price will dip, but investors might want to consider buying PDZ stocks nw as it shows uptrend and might surge high in coming days or weeks to retest its 52weeks high @ 0.325
I hold stocks in Glove and other PPE counters, I am just alerting everyone not to be trapped in the price dip soon, ppl like U and ME will be they PREY but the company taukes have become billionaires,...............
This news is to calm down the world....calm down the market....anything can U-turn....dun worry.. DT and Putin helping each other....U help me, I help u.....
Putin dakwa Russia daftar vaksin COVID-19 pertama dunia Share
Tweet MOSCOW: Presiden Russia, Vladimir Putin, mengumumkan kerajaannya sudah mendaftarkan vaksin pertama di dunia untuk COVID-19, dengan memaklumkan anak perempuannya sendiri sudah menerima vaksin terbabit.
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Posted by Nicholas Lai Mc > 2020-08-11 15:49 | Report Abuse
Sohai comfort, at this rate even careplus will obertake