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

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-08-16 08:16 | Report Abuse

if drop just buy, never know the bottom, it will rebound for sure bcoz profit will continue rise for the next few qtrs

if you out of capital and stuck at high side, then is was your wrong entry price

but if just enter below 4.5 and able to buy lower, the chance to make profit still big

sy9087

5 posts

Posted by sy9087 > 2020-08-16 08:28 | Report Abuse

Dont simply spread the rumour. I had also confirmed with RHB no such contra thing. This is very unlikely as this will restrict and affect the Healthcare sector growth. Let the market move itself.

KK

1,368 posts

Posted by KK > 2020-08-16 09:00 | Report Abuse

The rumour on vaccine production , negative 17% of GDP and the recent contra ban on glove sector is purposely spread out to push down the price for IB or certain party to collect cheap for next wave 3 glove rally. Everything goes down fast will rise up fast as according to Newton law of action and reaction . Just hold tight for next rally take off..

gemfinder

6,880 posts

Posted by gemfinder > 2020-08-16 09:08 | Report Abuse

Not rumours. Rusia oredi produced vacine. The whole world know. The edge reported one stockbroker ban contra. U just in denial mode

amsterdam

28 posts

Posted by amsterdam > 2020-08-16 09:27 | Report Abuse

The chart shows downtrend has started.
Don’t burn your profit and hard earned money. Just sell and cut loss.

antidebt

453 posts

Posted by antidebt > 2020-08-16 09:32 | Report Abuse

No contra dealing.
Stockbroker start selling first. then one by one they will announce this rule. Better run out from the door first before the stampede start.

Posted by drnoorhassan > 2020-08-16 09:38 | Report Abuse

Too expenaive to do research on Vaccine. It may not effective and fail. Why Russia dont want WHO to involve? Or follow medical ethic about drug research

Posted by drnoorhassan > 2020-08-16 09:40 | Report Abuse

With COVID 19 mutation ... not sure if current vaccine is effective?

Posted by foongkitmun > 2020-08-16 09:53 | Report Abuse

Just buy when you feel it’s low..buy low sell high..that what makes profits...we just trust the fundamental....there are so many U turn story about vaccines...lots of rumours with no ending of its effectiveness about the vaccines...sometimes yes, sometimes no....bla.bla..bla....every news is just circulation around the corner to get the world survive..anyhow, we are living in the entertaining arena with no right or wrong or we will end up living in a bored world..

Posted by oilwaterman > 2020-08-16 10:33 | Report Abuse

by the time vaccine is found

Buller888

54 posts

Posted by Buller888 > 2020-08-16 11:16 | Report Abuse

https://www.theedgemarkets.com/article/health-dg-covid19-virus-d614g-mutation-detected-malaysia?type=malaysia

Gloves will continue be in high demand, glove makers will continue to have good profits for years. Hospitals, f&b , others will continue to use gloves as they do now cos this is the new “norm”.

antidebt

453 posts

Posted by antidebt > 2020-08-16 11:17 | Report Abuse

It wont go back to 5.00 anymore.
Only direction is down .

antidebt

453 posts

Posted by antidebt > 2020-08-16 11:19 | Report Abuse

Those who take profit at current price still consider smart

KK

1,368 posts

KK

1,368 posts

Posted by KK > 2020-08-16 12:04 | Report Abuse

Careplus maybe is a better return than Comfort in view of the huge increase in quartery earning and expension plan to double output to 8.8 billion eventually.

Posted by oilwaterman > 2020-08-16 12:41 | Report Abuse

In a Facebook post, Health director-general Datuk Dr Noor Hisham Abdullah said the D614G mutation was first detected in July, and studies would likely reveal that any existing vaccine is ineffective against the mutation.

"It was found to be 10 times likely to infect other individuals and easier to spread by super spreader individuals.“

"Continue to take preventive measures and adhere to the standard operating procedures as stipulated, such as physical distancing, self-hygiene practices, and wear a mask when in public places," he said.

Posted by huatarr8888 > 2020-08-16 12:47 | Report Abuse

https://www.bernama.com/en/general/news.php?id=1870747

By DG Dr. Noor Hisham

Explaining the matter, he said, the D614G mutation was discovered by scientists in July 2020 and it is likely to result in the study on existing vaccine to be incomplete or ineffective against the mutation.

Therefore, he advised the public to continue to apply preventive measures and public health control, which is to practise the prescribed standard operating procedures (SOP), like physical distancing, self-hygiene practices and to wear the face mask.

jolow

652 posts

Posted by jolow > 2020-08-16 12:50 | Report Abuse

dr noor hisham already took profit. what r u waiting ?

Posted by huatarr8888 > 2020-08-16 12:50 | Report Abuse

Big hint peeps... GLOVES STILL HAS HUGE POTENTIAL!!!’

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-08-16 13:45 | Report Abuse

if the vaccine found by russia, then in 2-4wks time russia cases should drop significantly

if not, means the vaccine found is not working at all

however regardless vaccine is found, we still need gloves !!

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-08-16 13:45 | Report Abuse

collect when people throw, when low, then when it up back, time to sell

mf

28,532 posts

Posted by mf > 2020-08-16 13:53 | Report Abuse

Russia produces first batch of controversial Covid-19 vaccine
By AFP
August 16, 2020 @ 9:13am

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-08-16 14:23 | Report Abuse

if vaccine is produce, more gloves required bcoz to give vaccine must wear gloves

and we have billions of people, it takes many months to give vaccine to the entire population, so the glove theme will remain strong till next year

Money122

982 posts

Posted by Money122 > 2020-08-16 15:08 | Report Abuse

Vaccines is not confirmed yet for it effectiveness

ChaseBros

577 posts

Posted by ChaseBros > 2020-08-16 18:03 | Report Abuse

https://en.wikipedia.org/wiki/Moderna

Moderna is an American biotechnology company focused on drug discovery, drug development, and vaccine technologies based exclusively on messenger RNA (mRNA). It is headquartered in Cambridge, Massachusetts.[4][5] The Moderna technology platform is to insert synthetic mRNA into living cells that would reprogram the cells to develop immune responses, rather than being created externally and injected as with conventional medicines. It is a novel technique abandoned by several large pharmaceutical and biotechnology companies that were unable to overcome the side effects of inserting RNA into cells.[6][7][8] As of May 2020, no mRNA drug has been approved for human use.[9][10]

Moderna has conducted mostly unsuccessful trials in traditional high-margin chronic therapeutic areas with AstraZeneca, and in orphan diseases with Alexion Pharmaceuticals. In 2014, Moderna moved to focus on lower-margin vaccines, given that an mRNA vaccine – efficacy issues aside – will always stimulate a level of antibody development in subjects.[5][8] The strategic change led industry experts, and Moderna employees, to question the financial viability of the company.[5][8]

In December 2018, Moderna became the largest biotech initial public offering (IPO) in history, raising US$600 million for 8% of its shares, implying an overall valuation of $7.5 billion, and with cumulative losses of $1.5 billion and equity raised of $3.2 billion, since inception.[5][11] As of May 2020, Moderna was valued at $30 billion, but none of its mRNA molecules had reached large clinical trials, and several had failed due to side-effects.

ChaseBros

577 posts

Posted by ChaseBros > 2020-08-16 18:03 | Report Abuse

Frankly, Moderna is run by a bunch of ex-sales people, ex-IB, etc. Financially not in good shape. Slaoui, Moderna board member was appointed to Trump Operation Warp Speed. mRNA technology has never been proven and came with many side effects. Rossi, the founder and biologist, left. Executive sell news to jack up share price and dump big amount of stocks thereafter, etc............... With such credibility (or incredibility) and why would one believe Moderna wholeheartedly.

qwerting1

685 posts

Posted by qwerting1 > 2020-08-16 18:04 | Report Abuse

vaccine is not gonna be here untill 2021

ChaseBros

577 posts

Posted by ChaseBros > 2020-08-16 18:09 | Report Abuse

From my humble opinion, the biggest problem may be how we respond to Covid instead of Covid itself. There are growing numbers of people opt not to take the Covid vaccine even if a safe and effective one is available in 2021 or 2022 onwards especially if that is from China because of skepticism with the speed of the development, fake-news created by Putin, growing distrust against Trump, fanning conspiracy theory against China, etc. Without achieving herd immunity, Covid is here to stay.

Abg_Tua

51 posts

Posted by Abg_Tua > 2020-08-16 18:51 | Report Abuse

i wish i had this last week .. hope still have some left tmr opening ...

Posted by oilwaterman > 2020-08-16 19:12 | Report Abuse

https://www.themoscowtimes.com/2020/08/16/russias-official-coronavirus-cases-rise-by-less-than-5k-a69710

Russia covid cases rise almost 5000 cases. I thought it should rise by 5 cases after successful vaccine developed by putin

Posted by khatulistiwa1234 > 2020-08-16 20:52 | Report Abuse

3.20 soon

Jingweihan

1,605 posts

Posted by Jingweihan > 2020-08-16 21:14 | Report Abuse

Back to 5.00 soon

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-08-16 21:39 | Report Abuse

7.00 later

tacky

4 posts

Posted by tacky > 2020-08-16 21:42 | Report Abuse

khatulistiwa1234 regret and cry soon

Ravi Kumar

3,628 posts

Posted by Ravi Kumar > 2020-08-16 21:43 | Report Abuse

If you don't know TA don't make an ass of yourself


Posted by amsterdam > Aug 16, 2020 9:27 AM | Report Abuse

The chart shows downtrend has started.
Don’t burn your profit and hard earned money. Just sell and cut loss.

Jingweihan

1,605 posts

Posted by Jingweihan > 2020-08-16 21:53 | Report Abuse

Pls sell yrs if u still have

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-08-16 22:01 | Report Abuse

sell sell sell, many wants to buy lower..

skyhin

522 posts

Posted by skyhin > 2020-08-16 23:45 | Report Abuse

All in tomolo.... If still drop

stockraider

31,556 posts

Posted by stockraider > 2020-08-17 00:37 | Report Abuse

U need to understand this loh...!!

Dali is wrong mah...!!

The broker institute this no contra guideline to protect the glove traders & investors and remisier mah..if there is a crash alot of people will go bankrupt mah..!!

Better to let some air out 1st mah...!!

If the purchasers are so confident perhaps they should use their own cash to buy...why need to use remisier limit or margin and endanger much more people to the euphoria leh ?...!!

The brokers are right to institute pre emptive strike loh...!!

Posted by stockraider > Aug 17, 2020 12:33 AM | Report Abuse X

This stupid dali say gloves being a commodity they are sign of danger then why he do not allow the brokers to steer away from danger leh ??

I think people should be rational and allow the brokers to take preventive action mah...!!

This will reduce sharp systematic risk mah...!!

Posted by humble_beginnings > 2020-08-17 00:54 | Report Abuse

pls sell, i would like to acquire more.

Posted by ahmadyasni > 2020-08-17 00:56 | Report Abuse

yes below 3 can buy..

Jeff5142

7,757 posts

Posted by Jeff5142 > 2020-08-17 03:04 | Report Abuse

Wait for below 3 may consider.

mf

28,532 posts

Posted by mf > 2020-08-17 07:44 | Report Abuse

Even though a vaccine may not result in lower demand for gloves, investors may sell their shares in anticipation that it’ll reduce the number of cases, RHB Research Institute analyst Alan Lim noted in an Aug. 13 report.
Malaysia King

dusti

2,404 posts

Posted by dusti > 2020-08-17 09:29 | Report Abuse

Heard foreigners are in town to buy shares........which?

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