Even if the major shareholder sold of all his stakes, Comfort only went down a bit. Buyers are strong and slowly picking up what was sold. Collect now for today’s price is the lowest before the uptrend starts again.
I got a friend who lost millions in casino... So he sold his business, property and some shares to repay the debts... That's my friend's episode of Selling Stake, not sure bout Brian's episode haha Anyway, only one shareholder sold stake, just now who said ALL MAJOR SHAREHOLDERS???? Wanna spread news please do study first, don't act hero then turn zero...
if they dispose the shares, Dato Lau and Datin will also be affected since they both have deemed interest via Keen Setup Sdn Bhd. They already clarified that it is just internal restructuring and no shares being disposed by Keen Setup Sdn Bhd. Seems like something big is brewing...
dont be afraid comfort buyers....just a internal restructuring...no changes at all, Still holding by Lau's family....news and rumors around only....haha
OTHERS COMFORT GLOVES BERHAD ("Comfort Gloves", "COMFORT", or "the Company") COMFORT GLOVES BERHAD
Type Announcement Subject OTHERS Description COMFORT GLOVES BERHAD ("Comfort Gloves", "COMFORT", or "the Company") Referring to the article published by The Edge Markets dated 4 September 2020 which reported that Comfort Gloves’ majority shareholder sells off stake.
The Company wishes to clarify that the disposal of shares by Lau Joo Kien Brian (the son of Dato’ Lau Eng Guang) in Keen Setup Sdn. Bhd. is to his immediate family member (herein refer to internal restructuring of Keen Setup Sdn. Bhd.).
After the internal restructuring of Keen Setup Sdn. Bhd., Lau Joo Kien Brian's controlling interest in Keen Setup Sdn. Bhd. had dropped below 20% hence he ceased to have deemed interest through Keen Setup Sdn. Bhd. pursuant to Section 8(4) of the Companies Act 2016, and thus, ceased as a substantial shareholder of the Company.
In conclusion, Keen Setup Sdn. Bhd. is still controlled by the Lau’s family and their controlling interest in COMFORT via Keen Setup Sdn. Bhd. remained unchanged.
This announcement is dated 4 September 2020.
Announcement Info Company Name COMFORT GLOVES BERHAD Stock Name COMFORT Date Announced 04 Sep 2020 Category General Announcement for PLC Reference Number GA1-04092020-00028
@Roslan67, corporate meetings konon, tin kosong cakap besar. Wonder how much con man paid you to type rubbish to ask people to buy. First say 6rm now say 5rm. Come tell me where’s your burger stall la. I’ll come and support you with a few burgers.
Roslan67 @JohnnyBravo69, Johnny boy, oh johnny boy, i am here...sleeping on streets ? lol hahahahahahaha maybe you are not me ;) ...u know nothing about me la boy, i can donate you my supermax lot if you want la, its a pity that you assume a person is missing but who has meetings with corporate entities...you are nothing la boy..im a C level, how to entertain 24/7 cheap chaps like you ?
lol funny that you missing me, still lingering in this forum and shouting your lungs out ?
i'll see you once comfort touches and flies above RM 5..i'll come back and find you once tops over 5...see ya soon cheap chap.
The press is not giving the right information to the public - The biggest shareholder did not dispose their share, it's just a share re-structuring in Keen Setup Sdn Bhd. Should the press verify the information before releasing to the public? Perhaps it shows the lack of code of ethic in the press industry, highly doubt MCMC will investigate this issue.
The Press is right mah...if Keen setup dispose of Comfort to relatives like grand aunties & uncles, six aunties, 9 uncles, 3 aunties of Lau family...that means Keen Setup already lose control of comfort mah...!!
This is bcos Keen Setup Or Lau major owner, no longer have substantial influence on Comfort as a substantial shareholder loh...!!
The Directors are trying to mislead the public by implying otherwise loh...!
The press is not giving the right information to the public - The biggest shareholder did not dispose their share, it's just a share re-structuring in Keen Setup Sdn Bhd. Should the press verify the information before releasing to the public? Perhaps it shows the lack of code of ethic in the press industry, highly doubt MCMC will investigate this issue.
Media outlets just want views. They rarely care about integrity. It even applies to the foremost business-focussed media outlet in MY. I have stopped letting news cloud my investment strategy. 80% fundamentals, 20% technical and zero on news reading
It’s not just the media. I don’t even care about IB/research houses’ reports bcoz I have the means to get info myself. And I know certain PLCs absolutely refuse to talk to such IB/researchers/media... they focus on their biz and those are the companies I like. Just mvho
@axecapital - it depends on the ASPs...if they have similar ASP growths as Ruberex, I believe they can achieve 50mil...however, not sure if they have the power to raise prices...let's see ! Fingers crossed !
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Sansing
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Posted by Sansing > 2020-09-04 12:08 | Report Abuse
Ayoyo! Supermax from Rm3 + shoot up to Rm24+ what is 10 buck! folks