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

259,400


25 people like this.

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

SEE_Research

4,653 posts

Posted by SEE_Research > 2020-08-28 19:46 | Report Abuse

SEE_Research SEE_Research [8/28, 6:33 PM] Sidney Oon: Supermax /7106

For 28 August 2020
Friday

Pls send out to regular customers who have patience to hold on the rubber gloves stocks,
Next week onwards,
1 September 2020,

BIG Run on Supermax,

The rest 2 nd tiers,
(i) Careplus
(ii) Comfort
Will follow immediately
[8/28, 6:33 PM] Sidney Oon: For 28 August 2020
Friday

Supermax /7106

1. Grand closing
with
3 WhatsApp pictures,
showing dynamic closing from at
(i) number of transaction
23978=RM 21.10/ 33,214.6 lots /04.44.59
23979=RM 22.14 /33,255.8 lots /04.50.00

The last transaction =27052/time = 04.59.59
88,426.6 lots

Remarks
===========================

The last 15 minutes done
=55,212lots minus
33,214 lots

Number of lots done =21,998 lots,

One word =incredible,
INCREDIBLE
[8/28, 6:33 PM] Sidney Oon: 28 August 2020

The above 3 WhatsApp pictures
showing on the incredible closing of
Strong closing of Supermax with five minutes closing of 21,998 lots,
versus one whole trading, before closing 4.44.59pm /33,214 lots
[8/28, 7:01 PM] Sidney Oon: The last 15 minutes done
88,426 lots minus
33,214 lots =

55,212 lots
One word =incredible
INCREDIBLE
28/08/2020 7:38 PM
28/08/2020 7:45 PM

SEE_Research

4,653 posts

Posted by SEE_Research > 2020-08-28 19:57 | Report Abuse

SEE_Research KSSC /5192


Only 2 dipping line systems for rubber gloves factories,
HLT,
KSSC,

REMARKS
ANOTHER CANDIDATE FOR LIMIT UP AS THE WILD BULL RUN ON
SUPERMAX,
JUST STARTING FROM 1 SEPTEMBER 2020
28/08/2020 7:55 PM
SEE_Research

Posted by thestockoracle > 2020-08-28 20:53 | Report Abuse

For the benefit of members, as promised, I have considered 2 hedging glove-related stocks:

DANONCE TECHNOLOGY (7114)
SAMCHEM (5147)

Both are suppliers to the glove and healthcare industry and they are now trading at a relatively low PE ratio and stock price. D'nonce is an especially good pick as its Q2 is coming out in 30 days time and for the last 3 quarters it has been recording profit growth. The recent corporate presentation and management mentioned they're currently experiencing very strong orders and are operating at maximum capacity, in tandem with the robust demand for gloves.

From its recent corporate presentation, and google map, we can guess with high accuracy that TOPGLOV Thailand and Sri Trang Glove are their clients.

Currently projecting a base case RM 15m of net profit for FY2021, which translate into 5.7c eps FY2021. Extrapolating that into 15x PE based on conservative valuation. TP by analyst: 0.8-1.0

Samchem is a chemicals company supplying chemicals to glove companies to manufacture gloves. Also a solid company with strong fundamentals and growing profits. TP by analyst: 1.23

This is not a buy call, just for the members hedging thoughts. Let me know if you agree after you read up more on these stocks and their business.

Posted by thestockoracle > 2020-08-28 20:57 | Report Abuse

Please note that the idea of hedging is meant to counter the turbulence of the glove stocks. I still continue to believe comfort has its own potential upside but with market sentiments swaying, it would be advisable to not put all your eggs in one basket. At the same time, I do not advocate speculating in penny stocks like the pharmas. My definition of penny stocks are stocks with no proven track record and are trading at ridiculous prices relative to their profits.

I only would advocate hedging stocks with the following criteria:

1. proven track record and profit growth.
2. strong management team and visible corporate earnings,
3. transparent management ideas such as presentations and press releases so we know what is going on with the company.
4. glove related preferably as glove demand will continue to be elevated.
5. strong fundamentals and relatively low PE ratio
6. current price still demonstrates an upside (massive upside 30% or more) and not over-priced so that there is still gain to be made without investors taking ridiculous risks.

Posted by oilwaterman > 2020-08-28 20:57 | Report Abuse

Germany’s Merkel warns of difficult winter

German Chancellor Angela Merkel said the coronavirus situation in Germany is likely to worsen in the months ahead and that the German government will prioritize children, vulnerable people and the economy, Reuters reported.

“It will probably get more difficult,” Merkel told reporters at a news briefing, according to Reuters. The government will be “doing everything so that our children are not the losers of the pandemic. School and daycare need to be the most important things.”

She added that Germany will seek to jump start the economy in segments that have been stunted by the virus, Reuters reported, and try to protect elderly and low-income families. Germany managed to keep the number of cases in the country relatively low early in the outbreak, but cases have risen rapidly in recent weeks with the country reporting about 1,500 new cases per day, according to data compiled by Johns Hopkins University. —Will Feuer

Ibelieve

1,429 posts

Posted by Ibelieve > 2020-08-28 23:56 | Report Abuse

https://youtu.be/B3OjfK0t1XM

Ibelieve

1,429 posts

Posted by Ibelieve > 2020-08-29 00:00 | Report Abuse

When our favorite stock starts moving, and we all rush in like that scene at 1:00 onward...
I guess you all would be like that on Monday.

mach10

371 posts

Posted by mach10 > 2020-08-29 06:30 | Report Abuse

TIME TO SAY GOODBYE.

Posted by foongkitmun > 2020-08-29 10:18 | Report Abuse

Somehow I am thinking pharmaceutical stocks can start to look into..the trend now is buying on news..yes you are correct - gloves is having a very good fundamental but pharmaceutical is having its own big/huge fans of vaccines (it’s like big wife waiting for cock) - so buying both pharmaceutical and gloves stock will help to balance up because when gloves up, pharmaceutical stocks dips and vice versa..the volitilation of pharmaceutical stock is about the same as gloves......

Posted by DreamGladiator > 2020-08-29 10:19 | Report Abuse

can also la like that

Posted by DreamGladiator > 2020-08-29 10:20 | Report Abuse

like hedging also la little bit

Posted by DreamGladiator > 2020-08-29 10:20 | Report Abuse

boleh juga la

Jo1234

194 posts

Posted by Jo1234 > 2020-08-29 11:36 | Report Abuse

Bank Islam Malaysia Bhd economist Adam Mohamed Rahim said the 3.3 per cent decline in the key index for the week, after settling at 1,525.21 points on Friday, presents an opportunity to accumulate some stocks, in particular glove maker stocks which have been hit on news Russia is preparing to approve a second Covid-19 vaccine. “In the long run, demand for rubber gloves will remain high even once a vaccine is successfully procured as hygiene awareness continues to be high,” he told Bernama.

Jo1234

194 posts

Posted by Jo1234 > 2020-08-29 11:53 | Report Abuse

BERLIN, Aug 28 — Coping with the coronavirus will become more challenging in the coming autumn and winter months, German Chancellor Angela Merkel said in her annual summer press conference today.

see2sea

2,194 posts

Posted by see2sea > 2020-08-29 12:58 | Report Abuse

As an investors, we buy facts and figures of future growth. Not buying hope or speculative stocks. We could invest in US or China pharma stocks but not in malaysia bottling/filling stocks. My 2 cents

Posted by AxeCapital2077 > 2020-08-29 13:09 | Report Abuse

as you can see, just buy no need think so much winter coming and glove profits are coming up ok bye

stockraider

31,556 posts

Posted by stockraider > 2020-08-29 13:52 | Report Abuse

U see gloves are commodities mah...!!

Every tom, dick and harry countries will producing gloves loh..!!

Every tom, dick & harry company will be producing gloves mah...!!

Big glut are coming mah...!! Run b4 too late loh...!!

skyhin

522 posts

Posted by skyhin > 2020-08-29 17:05 | Report Abuse

Kyy write ask comfort again

Jo1234

194 posts

Posted by Jo1234 > 2020-08-29 18:54 | Report Abuse

Koon Yew Yin 28 Aug 2020

Covid 19 pandemic is affecting everybody and all listed companies except medical gloves stocks and medical products to prevent the virus. The demand for medical glove far exceeds supply. All glove makers can easily increase their selling prices to take advantage of the big demand.

As shown on the charts, Supermax has shot up from Rm 1.80 to close at Rm 22.14 in the last few months, an increase of 12.3 times; while Comfort has shot up from 80 sen to close at Rm 4.31, an increase of 5.4 times.

As shown on the chart below Comfort was selling at Rm 6.76 on 3rd Aug and closed today at Rm 4.31, a drop of Rm 2.45 in less than 3 weeks. During the same period, all the other glove stocks have gone up.

Smart investors should be able to see that this is so ridiculous. It is a good buying opportunity to make money. I sold Comfort earlier to buy Supermax and today I sold Supermax to buy Comfort.

As I said many a time before, no stock can drop continuously for whatever reason. After sometime it must change its trend. The best time to buy is at its pivoting point.

Comfort will report its 2rd quarter result ending July before end of September. Like all glove stock, the result should very good.

Jo1234

194 posts

Posted by Jo1234 > 2020-08-29 18:58 | Report Abuse

Comfort is relatively undervalued compared with other glove stocks.

Timercheng

733 posts

Posted by Timercheng > 2020-08-29 20:44 | Report Abuse

Ayoyo Uncle sudah masuk Comfort , Tuesday gap up loh!

Ibelieve

1,429 posts

Posted by Ibelieve > 2020-08-29 21:18 | Report Abuse

Imagine Comfort is the iguana in this short film, and we the investors are those chasing snakes.
Those who think Comfort not worth anything, will rush into the rally at any price once it runs.

https://youtu.be/B3OjfK0t1XM

gemfinder

6,880 posts

Posted by gemfinder > 2020-08-29 21:19 | Report Abuse

Aiyo, kyy jump here jump there. Susah leh. Nak folow dia ka

patrick8

334 posts

Posted by patrick8 > 2020-08-29 21:21 | Report Abuse

It's smaller twin, Rubberex already at RM 5+ after good qtr result, and bonus issue. Comfort's price alway close to Rubberex so I think they will follow the same modus operanti.

Takers

140 posts

Posted by Takers > 2020-08-29 21:52 | Report Abuse

I think Rubberex not doing so well this qr given its current price of 5.60 Careplus qr is much better than Rubberex, it's unbelievable. Hopefully Comfort did better

Money122

982 posts

Posted by Money122 > 2020-08-29 21:58 | Report Abuse

Tp rm10

kens88

698 posts

Posted by kens88 > 2020-08-29 22:00 | Report Abuse

I previously worked in glove manufacturing in one of the big 4.

Please don't be discouraged by news of rubber glove glut or oversupply. News such as vaccine and market sentiment I cannot say much

I can say: it is not that easy to make glove. Set up can take more than a year. To fine tune process, need more time.

New players, even China will take a lot of time to set up. By the time they even done set up, demand will already be up.

Takers

140 posts

Posted by Takers > 2020-08-29 23:58 | Report Abuse

As much as we wanted to make some earnings during this difficult time, let us not forget to pray that vacine can be made available in shortest time possible. Many people dying not because of Covid but hunger

SEE_Research

4,653 posts

Posted by SEE_Research > 2020-08-30 06:16 | Report Abuse

[8/28, 6:13 PM] Sidney Oon: For 28 August 2020
Friday

Supermax /7106

1. Grand closing
with
3 WhatsApp pictures,
showing dynamic closing from at
(i) number of transaction
23978=RM 21.10/ 33,214.6 lots /04.44.59
23979=RM 22.14 /33,255.8 lots /04.50.00

The last transaction =27052/time = 04.59.59
88,426.6 lots

Remarks
===========================

The last 15 minutes done
=55,212lots minus
33,214 lots

Number of lots done =21,998 lots,

One word =incredible,
INCREDIBLE
[8/28, 6:18 PM] Sidney Oon: 28 August 2020

The above 3 WhatsApp pictures
showing on the incredible closing of
Strong closing of Supermax with five minutes closing of 21,998 lots,
versus one whole trading, before closing 4.44.59pm /33,214 lots
[8/28, 6:26 PM] Sidney Oon: Supermax /7106

For 28 August 2020
Friday

Pls send out to regular customers who have patience to hold on the rubber gloves stocks,
Next week onwards,
1 September 2020,

BIG Run on Supermax,

The rest 2 nd tiers,
(i) Careplus
(ii) Comfort
Will follow immediately
[8/28, 7:00 PM] Sidney Oon: Supermax /7106

Another surprise for
Coming week, from
1 September 2020 / Tuesday onwards

Can endeavor to limit up
RM 28. 78
[8/28, 7:00 PM] Sidney Oon: The last 15 minutes done
88,426 lots minus
33,214 lots =

55,212 lots
One word =incredible
INCREDIBLE

Aimhigh

109 posts

Posted by Aimhigh > 2020-08-30 07:38 | Report Abuse

KYY sounds logical, Comfort valuation is relatively low.

Posted by oilwaterman > 2020-08-30 10:33 | Report Abuse

Worldwide covid cases surpasses 25 mil with 250k new cases yesterday. US back to 45k cases, India 78k, Brazil 43k, Russia 5k.


US new deaths back to 4 digits with 1,009.

stockraider

31,556 posts

Posted by stockraider > 2020-08-30 11:02 | Report Abuse

Just spot the danger mah....!!

Every country & every gloves company are increasing gloves capacity mah..!!

What happen leh ?
Huge Increase in supply when demand cannot keep up...Share price of Gloves will collapse bcos of huge competition coming mah..!!

Run b4 too late loh..!!

Just hide in Solution Cansino vaccine mah...!!

Very safe loh...!!

Posted by Ravi1969 > Aug 30, 2020 10:54 AM | Report Abuse

Why is there a demand for gloves? Because the usage has expended exponentially!!! So will filling and packing looks like vaccine still has to come from somewhere. These aren’t making it


Posted by stockraider > Aug 30, 2020 10:59 AM | Report Abuse X

Remember Gloves is just like any commodities easily produce mah..!!

KK

1,368 posts

Posted by KK > 2020-08-30 12:07 | Report Abuse

HONG KONG, Aug 30: More than 24.84 million people have been reported to be infected by the Covid-19 (coronavirus) pandemic globally and 837,623​ have died, according to a Reuters tally.

Infections have been reported in more than 210 countries and territories since the first cases were identified in China in December 2019.

The United States are the worst hit country with more than 182,000 cases of death and almost 6 million registered confirmed cases.

They are followed by Brazil. Just over six months after registering its first case of the Covid-19, Brazil crossed the grim threshold of 120,000 people killed by Covid-19 on Saturday (Aug 29), with no end in sight to the crisis.

The country of 212 million people has now registered 120,262 deaths from the virus and 3,846,153 infections, the health ministry said in its daily update.

Brazil is just the second country to surpass a death toll of 120,000 in the pandemic, after the United States, where the number killed is now more than 182,000.

Unlike in Europe and Asia, where the virus hit hard and then subsided, Brazil's outbreak is advancing at a slow but steady pace, said Christovam Barcellos, a researcher at public health institute Fiocruz.

"Brazil is unique in the world. Since the start of the pandemic, its curve has been different from other countries', much slower," he told AFP.

"It has stabilised now, but at a very dangerous level: nearly 1,000 deaths and 40,000 cases per day.... And Brazil still isn't past the peak."

The pandemic has also turned political in Latin America's largest country.

President Jair Bolsonaro has downplayed the virus and attacked governors and mayors who imposed lockdown measures, arguing the economic damage is worse than the disease itself.

The far-right leader is instead pushing the drug hydroxychloroquine as the solution to the health crisis, despite studies showing it is ineffective against Covid-19.

He again said Saturday the controversial medication had "saved thousands of victims' lives" in Brazil.

Bolsonaro even took what he called the "right-wing" drug himself when he was diagnosed with the virus in July.

"It's shocking the way (Bolsonaro) has handled this. It's not just his denialism.... He has often crossed the line of disrespecting victims," said political analyst Michael Mohallem of the Getulio Vargas Foundation.

"The number of deaths is scandalously high," he told AFP. "I think someday he'll have to pay the price."

The virus has meanwhile spread to more fragile demographic groups and to the interior of the country.

Impoverished residents of overcrowded favelas, or slums, have been hit especially hard.

So have indigenous groups in the Amazon rainforest, who have a history of vulnerability to outside diseases.

stockraider

31,556 posts

Posted by stockraider > 2020-08-30 12:12 | Report Abuse

NOT FOR CANSINO VACCINE MAH....THEY ARE MILITARY PEOPLE...EVERYDAY TARGET PRACTISE....VERY EXPERT IN TARGETING LOH...!!

Posted by Targeted > Aug 30, 2020 12:08 PM | Report Abuse

vaccine business is a tough business, not so easy la..........chances of failure very high...

ChaseBros

577 posts

Posted by ChaseBros > 2020-08-30 13:52 | Report Abuse

No matter what is the development on vaccine, he says, she says .......... ultimately, it boils down to the following :-

The pandemic feels like it’s gone on for 1 million years, but in a more real way, the coronavirus has only existed in the human population for about nine months. Scientists have learned so much, so fast, but there’s still a long way to go. The human immune system is weird and confusing, and it’s squaring off against a new, never-before-seen virus. It’s going to take time to understand what’s happening, quoted by Nicole Wetsmen.

------------------------------------------------------

Scientist still do not well of Covid and discover something new every month. They are still shooting in the dark. They can only guess (i.e. probably, could be, may be, if, etc), therefore, what is said today can be invalidated tomorrow. Better to wait for more solid study and trial. Only media, politician and self-proclaimed expert seemed to know better than the scientist. From my experience, a real expert is usually humble, open to learn new things and would not comment on things beyond their area of expertise.

------------------------------------------------------

Forget about safe and high efficacy vaccine for now and closely observe the SOP. Healthy person should be more worried about cancer and other chronic diseases, which kill more people than Covid. In 2020, it is expected to have 600k to 700k death in US alone due to cancer, and our Black Panther hero just succumb to it. You wouldn't want to take unproven vaccine which could induce rare disease, increase high chances of cancer, heart attack, etc. Don't get your focus off the importance to live a healthy live than being led blindly that an upcoming vaccine will put an end to this crisis. Our colleague in Tokyo and agent in Indonesia also caught Covid but they exhibit only mild fever while the other is asymptomatic. But if you have cancer, you should be more worried.

ChaseBros

577 posts

Posted by ChaseBros > 2020-08-30 14:04 | Report Abuse

Yes, glove demand will remain in the uptrend because heighten hygiene would be in place even if the pandemic is brought under control eventually (though that may only be in 2022 onwards, hopefully) like the 9/11 incident that has heighten the security across the world. Covid is here to stay just like the terrorist. No one wants to be left out of the economic recovery and put on high alert due to another virus outbreak.

Any Tom, Dick and Harry can jump into the glove business (and that may take around 2 years to materialize) but whether they'll survive is another question just like the Bubble Tea business. Only the strong ones will thrive due to economic of scale, secured distribution channel (or own distribution channel), own brand name, cost-labor-material-logistic advantage, proprietary technology, etc. By the way, China is no longer cheap and they will face aging population problem.

SEE_Research

4,653 posts

Posted by SEE_Research > 2020-08-30 14:55 | Report Abuse

Comfort /2127

A. The next financial report is expected around end September 2020,
Should the financial report released earlier,
than end September 2020,
it will offer indications to higher profit than the previous quarter of
RM 16,339,000.00
[RM 16.3 millions] and it will surplus general consensus expectations of
RM 22 millions above,
Should it be above RM 30 millions,
It will offer the share prices,
explosive run to
old high RM 7.28 and Above.

==============================================

Summary
In short, this time
KYY (Koon Yew Yin) can be right,
after trading in,
Selling out,
On the rubber gloves stocks,
More of patterns of rubber traders on rubber gloves stocks.

Uptrend rubber glove stocks +inter related to rubber gloves stock
This coming weeks onwards, from
1 September 2020, Tuesday onwards

Pls include in your favorite watch list,

Mid term buy stocks
(i) Comfort /2127
(ii) Careplus /0163

Trading buy
(iii) Adventa /7191
(iv) KSSC /5192 (potential limit up)
Buying prices around RM 0.55

Posted by humble1102 > 2020-08-30 16:04 | Report Abuse

France daily case shot up to 7k. President Macron said might gone for lockdown if situation is out of control.

stockraider

31,556 posts

Posted by stockraider > 2020-08-30 16:23 | Report Abuse

U all new to understand why gloves are commodities just like rubber, palm oil and say timber loh...!!

If shortage or when demand exceed supply the price the price will shoot up just like in case of commodity loh..!!

If u plant palm oil....u need minimum 5 years to harvest.

Rubber u need 7 years to harvest

Timber u need 10 years to harvest mah...!!

Do u know how long to put up a gloves factory leh ??
Ans; 6 mths to 1 year loh...!!

Thus u will be in grave danger if u do not take action now...to reduce the coming glut risk on gloves loh...!

Every countries & every gloves companies in the world are upping their capacity mah....!!

Alot of harm will be arriving soon mah...!!

Gloves is commodities mah....very easy upping capacity loh..!!

NO HARM TAKE PROFIT on comfort ,BUY SOME SOLUTION LOH...!!

JUST IN CASE GLOVES OVER CAPACITY COMING FAST PRICE COLLAPSE LOH...!!

Bluey

349 posts

Posted by Bluey > 2020-08-30 17:08 | Report Abuse

Have been tracking Comfort since the excitement started. It is poised for a fantastic breakout. Be ready for the harvest

stockraider

31,556 posts

Posted by stockraider > 2020-08-30 17:08 |

Post removed.Why?

Gaussian

3,048 posts

Posted by Gaussian > 2020-08-30 17:12 | Report Abuse

You are a joke

SEE_Research

4,653 posts

Posted by SEE_Research > 2020-08-30 17:21 | Report Abuse

To : stockraider

It will be good to recommend this stock,
Solution /0093
That among vaccine candidates, this stock sounds with same level of attraction as compared to
(i) Pharmaniaga /7081/negative earning per share
(ii) D Pharma /7148/sell call by
RHB downgrades to
Target Price RM 1.95

Duopharma / to sell following overdose of vaccine hope
Issued by
Areeshya Themanohar/
The Edge ( theedgemarkets.com)
29 July 2020 /10.43am

The above 2" pharmaceutical outlets "
cannot qualified to be Malaysian sole
refill +
repack
candidates

You may have interest to issue this stock,
Solution /0093 in the
Pharmaniaga
D pharma
I3 forum

stockraider

31,556 posts

Posted by stockraider > 2020-08-30 17:21 |

Post removed.Why?

loquezila

118 posts

Posted by loquezila > 2020-08-30 17:35 | Report Abuse

the fact is
- gloves shortage is real & still going on
- vaccines in trials since mac 2020, still not coming yet. WHO didnt announce any confirmation on vaccine. still no real news, no real result. "

SEE_Research

4,653 posts

Posted by SEE_Research > 2020-08-30 17:36 | Report Abuse

Home
MY

TRENDING NOW
Covid-19 outbreak
Select Language​▼
MALAYSIACORPORATE
RHB downgrades Duopharma to 'sell' following overdose of vaccine hope
Areeshya Thevamanohar
/
theedgemarkets.com

July 29, 2020 10:43 am +08


-A+A
KUALA LUMPUR (July 29): RHB Investment Bank Research has downgraded its rating of Duopharma Biotech Bhd to “sell” at RM2.82, with an unchanged discounted cash flow (DCF)-derived target price (TP) of RM1.95 and 31% downside.

In a note today, RHB analyst Alan Lim said the downgrade followed a media report which stated that packaging of the prospective Covid-19 vaccine will not be exclusive to Duopharma and Pharmaniaga Bhd.

“We maintain our earnings estimates as we have not imputed any earnings contribution from the potential vaccine.

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“Although the company is fundamentally strong, a valuation of +3.98SD (standard deviation) means its share price has run up purely on speculation. We expect no positive surprises for the second quarter ended on June 30, 2020 (2QFY20) and FY20F earnings,” he added.


Lim said the New Straits Times, quoting Science, Technology and Innovation Minister Khairy Jamaluddin, had reported that the selection of companies to package the Covid-19 vaccine (once it has been developed) will not be limited to Duopharma and Pharmaniaga.

He said this followed an initial report by theedgemarkets.com on July 14 that Duopharma and Pharmaniaga were selected to undertake the fill-and-finish processes of the Covid-19 vaccine.

Lim noted that Duopharma's share price had surged 76% in the past one month with no change in the company’s fundamentals.

“At RM2.82, Duopharma is trading at 30.5 times FY21F price-earnings ratio (PER). Although it is fundamentally strong, we believe that the huge premium is not justified in the absence of an immediate catalyst which would improve earnings significantly for the near term.

“We expect Duopharma to announce its 2QFY20 results in August. Earnings should match expectations with no major positive surprises."

Lim expects Vitamin C sales to be strong in 2QFY20.

However, he said sales of pharmaceutical products to private hospitals were likely to be weak due to a low occupancy rate.

With no surprises seen for 2QFY20, Lim said FY20F earnings growth is also limited at 6%.

At 9.42am, Duopharma had shed four sen or 1.42% to RM2.79, with a market capitalisation of RM1.93 billion. The stock saw some 4.7 million shares traded

SEE_Research

4,653 posts

Posted by SEE_Research > 2020-08-30 17:54 | Report Abuse

In short term,

NO WAY
Pharmaniaga
D Pharma
Will be appointed as sole distributors for the vaccine,

REMARKS
RHB clearly stated that
D. Pharma in the
ABSENCE OF AN IMMEDIATE
CATALYST WHICH WOULD IMPROVE THE EARNINGS SIGNIFICANTLY FOR THE NEAR TERM.

SELL CALL
TARGET PRICE = RM 1.95

Pls note :
SELL CALL
TARGET PRICE =RM 1.95

Posted by Benlee88888 > 2020-08-30 19:01 | Report Abuse

Rubber product export value increased 93.9% YOY in July 2020

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