Posted by stockexchange > 2020-09-07 15:33 | Report Abuse

bcos everybody is wait for ppl to collect the share on high price. no one willing to rugi !

Posted by TheTitanic > 2020-09-07 15:36 | Report Abuse

if not going up, let msia market crash la. dont know where the fck to put money dy

Posted by stockexchange > 2020-09-07 15:38 | Report Abuse

yala, last time the big players just spread the vaccine news to splash the glove price for thier low price collection, no one now dare enter ald. thanks for big player!

Posted by TheTitanic > 2020-09-07 15:38 | Report Abuse

lazy play guessing games dy. yes stockexchange is right. no1 wants to make first move coz scare later limit down. everyone wants to buy when the price has been 'established' as a upward trend

Posted by stockexchange > 2020-09-07 15:38 | Report Abuse

now, its seem every BI spread a good news to glove as need small player help them to boost the market. what's a shame !

Posted by Primeinvestor > 2020-09-07 15:39 | Report Abuse

wht is good results? RM30m?

Posted by TheTitanic > 2020-09-07 15:39 | Report Abuse

have a feeling all the big players and funds are just staring at the buy button lol not doing anything

Posted by TheTitanic > 2020-09-07 15:44 | Report Abuse

@priminvestor no... i pray to jesus and buddha everyday they can achieve 50 m

Posted by supermaxlimitup > 2020-09-07 15:46 | Report Abuse

HUAT AHHHHHH BE FOREWARNED!!! 9.9 ALL GLOVES SUPER GREEN!!! I AM SECRET INVESTOR 8888 AND I AM NEVER WRONG

Posted by stockexchange > 2020-09-07 15:58 | Report Abuse

very soon, the counter will be very quiet. thanks to those BIG SHARK. no more fresh blood to u, u guy goreng sendiri!

Posted by stockexchange > 2020-09-07 16:00 | Report Abuse

stupidly push the price so down on Mid-August. just bcos those BI wan others small players play others stock for them.

Posted by oilwaterman > 2020-09-07 16:36 | Report Abuse

comfort is attempting rebound. can close at 4.10 today?

Posted by Shadows > 2020-09-07 16:36 | Report Abuse

Big fish market and selling. Small fish boosted and collect.

Posted by Primeinvestor > 2020-09-07 16:48 | Report Abuse

50m? thats like kossan level early this year, haha, if 50m should limit up, lousy shxt careplus also can limit up with 20mil

Posted by AxeCapital2077 > 2020-09-07 17:03 | Report Abuse

wow with freaking 50m profits, the asp has to be increased by aquite abit. anyway we cannot do anything just wait for qr

Posted by SuperPanda > 2020-09-07 17:03 | Report Abuse

tomorrow can buy at open 4.0 bcoz continue selling, wed cool down, thu up a bit and fri drop again

everytime drop is a buy, the cheaper the better

Posted by stockexchange > 2020-09-07 17:07 | Report Abuse

yes, drop till 1.0 is very cheap! u play the whole game.

Posted by Primeinvestor > 2020-09-07 17:07 | Report Abuse

my estimate of very good is 40mil , 50mil - super good, beyond 50m - sailang tomorrow, by right 5b capacity can make more actually but they have alot of industrial gloves

Posted by stockexchange > 2020-09-07 17:11 | Report Abuse

small fishes will only enter, when the price boost constantly & continuously. Im sure now small fish will not dare enter into market even it is now 5.0. bcos the price are too fluctuated.

Posted by kens88 > 2020-09-07 17:15 | Report Abuse

Many small fish stuck high now. They should just hold.

If cut loss, drag down whole boat with them.

Posted by AxeCapital2077 > 2020-09-07 17:19 | Report Abuse

drop till 1 i can avg down then will be RM2.5 :)

Posted by AxeCapital2077 > 2020-09-07 17:20 | Report Abuse

i thought today will eat shit but the price still sustain abit so can sleep well

Posted by SithLord > 2020-09-07 17:21 | Report Abuse

Covid-19 cases are on an upwards trend. If this can happen in M'sia then it can happen all around the world.

I think M'sia gloves stocks are seriously undervalued.

https://www.thestar.com.my/news/nation/2020/09/07/covid-19-new-cases-jump-to-62-no-new-deaths

Posted by SithLord > 2020-09-07 17:22 | Report Abuse

62 new cases in M'sia on 7th September 2020

Posted by SithLord > 2020-09-07 17:27 | Report Abuse

Mercator Polish (WSE: MRC) glove counter up from PLN 10 (January) to PLN 385, so it is only a matter of time before it shoots up to RM 24 or more. My advise is just buy and keep and see the bull run.

Posted by jujubeX > 2020-09-07 17:27 | Report Abuse

Kluster Benteng LD from Sabah contributed 50 cases

this cluster started from the foreigners in the police lock-up

Sabah might go into EMCO

Posted by stockexchange > 2020-09-07 17:32 | Report Abuse

yes, if drop 1.0 means no one interest for the stock again. GG to you.

Posted by Money122 > 2020-09-07 18:00 | Report Abuse

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

Posted by Money122 > 2020-09-07 18:02 | Report Abuse

Demand >supply
Now can buy before it shot up

Posted by SuperPanda > 2020-09-07 18:09 | Report Abuse

oil price drop, raw mat cost cheaper, margin increase !

Posted by kens88 > 2020-09-07 18:41 | Report Abuse

Qr out d lo.. All still sleeping

Rev:197 mil
Pat: 42.7 mil

Posted by kens88 > 2020-09-07 18:43 | Report Abuse

Eps this quarter 7.3.

Someone check the fair value and let me know

Posted by Chang206 > 2020-09-07 18:43 | Report Abuse

Comfort reported excellent Q2 results.

Posted by Sansing > 2020-09-07 18:44 | Report Abuse

Tomolo gap up loh!

Posted by RockerArm > 2020-09-07 18:51 | Report Abuse

Can tambah tomorrow folks!

Posted by kens88 > 2020-09-07 18:52 | Report Abuse

Profit margin of 21.6%

Posted by frank74 > 2020-09-07 19:01 | Report Abuse

Awesome results:

Assume 4 quarters of the same results (not factoring in any growth)
7.34 x 4 Q = 29.36 EPS
20 PE = 29.36 x 20 = RM5.87

If we factor in a little growth

25 PE = RM7.34

Current running PE (based on EPS of the last 4 quarters) = 31.35

To put it in perspective, the running PE for the rest that have just reported their earnings:
Ruberex = 36 PE
Carepls = 50 PE
Harta = 86 PE
Kossan = 57 PE
Supermx = 47 PE
TopGlov (has not reported their latest earnings yet)

Comfort is clearly oversold and undervalued in relative terms, at the moment.

Posted by genghis > 2020-09-07 19:05 | Report Abuse

qr result vely good.but have to be careful tomolow.bursa now reverse.. stock not good quater price go up but the one show increase profit price go down..bugger

Posted by mf > 2020-09-07 19:06 | Report Abuse

Write a comment..sell on news

Posted by xcu843 > 2020-09-07 19:06 | Report Abuse

Good report

Posted by Primeinvestor > 2020-09-07 19:10 | Report Abuse

To meet this increase demand, the Group has begun optimizing and streamlining its existing operations to increase productivity and output by 10% this quarter when compared with the 1QYE21. The Group intends to continue this process with the goal of achieving an additional increase of 10% by 4QYE21. In addition to this, the Group will commission additional production lines that will increase overall capacity by 20% by 1QYE22. The current market environment has allowed the Group to work with our partners worldwide to lock in commitments for the purchase of gloves for the next 18 months.

Looks super bullish volume coming in more

Posted by Primeinvestor > 2020-09-07 19:11 | Report Abuse

Rhb Forecast full year earnings only rm76m, definitely have to do rm150mil for this year!

Posted by Ibelieve > 2020-09-07 19:18 | Report Abuse

Ya... 62 new cases news came out 4:50pm... And u guys sapu last minute? haha... The whole days saw sentiments of u guys here up and down, quite torturing

Posted by frank74 > 2020-09-07 19:21 | Report Abuse

@Primeinvestor - Yea, the outlook provided by the management is very positive...

Posted by selesa2020 > 2020-09-07 19:25 | Report Abuse

Stockexhange, other will critic you as Moron for mentioning people leaving this counter.

They said, you no brain, the whole glove counter drop , therefore , it drags comfort altogether.

From the drop pattern last week, it's already giving you some indication the worse will come sooner than most thought.

In my opinion, if people are leaving glove counters , it will be for good. Caused, they found a young and prettier partners. Sad but true.

Posted by High5 > 2020-09-07 19:28 | Report Abuse

https://www.klsescreener.com/v2/news/view/724827

Posted by High5 > 2020-09-07 19:30 | Report Abuse

KUALA LUMPUR: Comfort Gloves Bhd registered its best ever quarterly profit in the three months ended July 31 on stronger sales and higher margin.

"The increase emphasis placed on hygiene and sanitation by Covid-19 has led to an increase in the demand for the Group’s speciality premium gloves," the company said in a filing with Bursa Malaysia today.

Comfort Gloves said based on its discussion and feedbacks from partners worldwide, it expects demand for premium gloves to increase further.

"The emphasis on hygiene and sanitation will also not be reduced in the event a vaccine becomes generally available," it said.

Net profit is the second quarter soared to RM42.8mil, or 501% higher compared with RM7.1mil made a year ago.

Revenue rose to RM198mil from RM117.6mil previously.

Comfort Gloves has declared an interim dividend payout of 1.5 sen a share.

To meet the increased demand, the group has begun optimising and streamlining its existing operations to increase productivity and output by 10% this quarter when compared with the 1QYE21.

"The Group intends to continue this process with the goal of achieving an additional increase of 10% by 4QYE21," it said.

In addition to this, Comfort Gloves is adding new production lines that will increase overall capacity by 20% by 1QYE22.

"The current market environment has allowed the Group to work with our partners worldwide to lock in commitments for the purchase of gloves for the next 18 months," it said.

Posted by foongkitmun > 2020-09-07 19:33 | Report Abuse

Last time say TP 4.8....coming?

Posted by skyhin > 2020-09-07 19:34 | Report Abuse

Got given Bonus

Posted by dreamer74 > 2020-09-07 19:38 | Report Abuse

These day good always follow with dumping haizz