COMFORT GLOVES BERHAD

KLSE (MYR): COMFORT (2127)

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Last Price

0.39

Today's Change

0.00 (0.00%)

Day's Change

0.385 - 0.39

Trading Volume

138,800


25 people like this.

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

tahong

536 posts

Posted by tahong > 2020-09-08 10:33 | Report Abuse

Top up if got money

Posted by Elitetrader > 2020-09-08 10:39 | Report Abuse

With oil price still at low levels; closed borders; dead tourism....only glove makers still make decent profits.

TheTitanic

337 posts

Posted by TheTitanic > 2020-09-08 10:41 | Report Abuse

i feel like killing myself for buyin 2 lot at 4.36 hahaha omg

Adam Lim

120 posts

Posted by Adam Lim > 2020-09-08 10:43 | Report Abuse

support level is at RM4.00, if it break the 4.00, no eye see liao

tahong

536 posts

Posted by tahong > 2020-09-08 10:54 | Report Abuse

Don"t play2 with operators loh ! .They got big fund to swallow u if not careful

Sansing

1,028 posts

Posted by Sansing > 2020-09-08 11:01 | Report Abuse

Buy with excess money , u will be fine. Don"t worry abt short term fluctuation. Always goes long

TheTitanic

337 posts

Posted by TheTitanic > 2020-09-08 11:02 | Report Abuse

i think its time to cut lossssses. Buy them if u want

kaishan97

20 posts

Posted by kaishan97 > 2020-09-08 11:04 | Report Abuse

staying kat 4.6

Anaconder

1,031 posts

Posted by Anaconder > 2020-09-08 11:07 | Report Abuse

Why cut lost when u can hold, it is just temporary . Company lays goiden eggs mah !

genghis

451 posts

Posted by genghis > 2020-09-08 11:07 | Report Abuse

market no good not only glove but tech stock also

kens88

698 posts

Posted by kens88 > 2020-09-08 11:08 | Report Abuse

Everything drop lo.

Glove,bank, tech , pharma, utility

kens88

698 posts

Posted by kens88 > 2020-09-08 11:08 | Report Abuse

I think they should release qr during a rally.

Then is better

TheTitanic

337 posts

Posted by TheTitanic > 2020-09-08 11:13 | Report Abuse

ok i will hold. If u think about it kens88, how does a rally begin? when qr releases good results and when the banks give positive outlooks like what rhb and affin hwang is giving. But now i dont even see a rally, its just a sea of red blood. u can say oh well where to invest in. honestly i also dont know the answer except for gloves. will hold until break even at or more abit

TheTitanic

337 posts

Posted by TheTitanic > 2020-09-08 11:14 | Report Abuse

and can someone please send the rhb report here pls tq

stockpip

202 posts

Posted by stockpip > 2020-09-08 11:15 | Report Abuse

Malaysia investors not very smart when come to buying shares. Because of so many dumb fellas, the smarter ones also need to act and think stupid so that will not be burned by these fellas. Good stock and ever growing demand, still shout about selling.

Anaconder

1,031 posts

Posted by Anaconder > 2020-09-08 11:15 | Report Abuse

Holding power is the only formula to make money no other method .

Posted by alfredychingwong > 2020-09-08 11:16 | Report Abuse

https://simplywall.st/stocks/my/materials/klse-comfort/comfort-gloves-berhad-shares

this website also revised the fair share price for Comfort after QR to RM6.7. fundamentally, this is a very strong company..

Markv572421

3,334 posts

Posted by Markv572421 > 2020-09-08 11:17 | Report Abuse

Run Run ..before its too late drop below 3 ....what the crap fundamental strong.....

stockpip

202 posts

Posted by stockpip > 2020-09-08 11:19 | Report Abuse

@ Markv572421 run to your mama bank that ask you to spam scary shouts here. Sure support at RM 4. Crappy idiots shouting around in this forum.

Timercheng

733 posts

Posted by Timercheng > 2020-09-08 11:20 | Report Abuse

U r 100% correct Mr Anaconder
Holding power is the only formula to make money no other method .

startrader

524 posts

Posted by startrader > 2020-09-08 11:23 | Report Abuse

Malaysia's glove makers struggle to meet booming demand
By AFP
September 5, 2020 @ 10:00am
- NSTP / FAIZ ANUAR

PARIS: With no end in sight to the coronavirus pandemic, worldwide demand for surgical gloves – as for other types of personal protective equipment – is booming, leaving manufacturers struggling to keep up.

The global PPE market – from masks, gowns and gloves, to shoes and sanitising gels – is expected to balloon from US$52 billion in 2019 to US$93 billion in 2027, according to German market data specialist, Statista.

And, like other such products that were previously predominantly the domain of specialist medical personnel, the surgical glove has become much sought after even by the general public.

US-based Allied Market Research estimates that the global disposable gloves market amounted to US$6.8 billion in 2019, and is expected to nearly triple to US$18.8 billion by 2027.

Covid-19: Malaysia's Top Glove overwhelmed by international orders
Spike in demand for rubber gloves: Top Glove to the rescue
Top Glove now Malaysia's second-biggest company
Just as worldwide shortages of masks and disinfectant gels have pushed up the prices of those products, single-use medical gloves have become increasingly difficult and costly to come by during the health crisis.

Malaysia is the world's biggest maker of rubber gloves, accounting for around 60 per cent of global exports.

And according to the Malaysian manufacturers' association MARGMA, worldwide demand is projected to rise from 296 billion in 2019 to 330 billion this year.

Given the surge, the industry is forecasting a shortage that is expected to last well into next year, MARGMA said.

Malaysian manufacturer Top Glove, which describes itself as the world's biggest producer of rubber gloves, said it is seeing orders for 11-12 billion a month, compared with 4.5 billion prior to the pandemic.

As a result, customers must now wait nearly 600 days for their orders to be filled, compared with a normal delivery time of 30-40 days, said chief executive, Lim Wee Chai.

In addition, with raw materials in short supply, production costs are also rising.

"The shortage of raw material for our nitrile gloves and the disruption to the supply or production of other material such as packaging materials due to the global lockdown, has caused an increase in the production cost," said Top Glove.

That would be passed on to customers in the form of higher prices.

While health experts argue that regular handwashing offers better protection against Covid-19 than gloves, the current boom for PPE is expected to pose another problem further down the line.

Environmental campaigners are concerned that millions of tonnes of single-use gloves will end up polluting the oceans.

- AFP.

drago_7

366 posts

Posted by drago_7 > 2020-09-08 11:26 | Report Abuse

Gone case

Sathya9121

299 posts

Posted by Sathya9121 > 2020-09-08 11:29 | Report Abuse

stockpip. you're absolutely right. this is why they say that stupid people will drag the smart ones to their level and beat them

newbie9893

2,187 posts

Posted by newbie9893 > 2020-09-08 11:30 | Report Abuse

support 4.0 broken...limit down soon

Sathya9121

299 posts

Posted by Sathya9121 > 2020-09-08 11:30 | Report Abuse

can someone tell me.. why the hell price is going down when good QR release and price go up when bad QR is released

RockerArm

542 posts

Posted by RockerArm > 2020-09-08 11:31 | Report Abuse

Comfort is not a kaki lima company , with the current quarterly report
43 m after tax abt 43 m. So one yr will be 172 m ..It will be more if more output as demand more than supply now

RockerArm

542 posts

Posted by RockerArm > 2020-09-08 11:32 | Report Abuse

No contra playing ya!

RockerArm

542 posts

Posted by RockerArm > 2020-09-08 11:34 | Report Abuse

Operators r catching kaki contra loh!

mf

28,528 posts

Posted by mf > 2020-09-08 11:35 |

Post removed.Why?

Sansing

1,028 posts

Posted by Sansing > 2020-09-08 11:37 | Report Abuse

I feel safe Uncle KYY is in Comfort now

patrico8

334 posts

Posted by patrico8 > 2020-09-08 11:38 | Report Abuse

Uncle is having paper loss millions in Top Glove

Sansing

1,028 posts

Posted by Sansing > 2020-09-08 11:43 | Report Abuse

Uncle sold all the Top glove n Supermx . Now he sapu Comform cheap2.
Don"t say I did "nt inform.ya!

mach10

371 posts

Posted by mach10 > 2020-09-08 11:44 | Report Abuse

gold mine becomes land mine

Sansing

1,028 posts

Posted by Sansing > 2020-09-08 11:44 | Report Abuse

Comfort is moving up loh!

tahong

536 posts

Posted by tahong > 2020-09-08 11:45 | Report Abuse

Jump in quick folks

Posted by TraderPal > 2020-09-08 11:47 | Report Abuse

Support seems to be at Rm 4.00 +-Rm0.05. Might be the time to enter. Good quarterly results, good economic environment (for gloves). KIV of a covid vaccine, that might disrupt this share

tahong

536 posts

Posted by tahong > 2020-09-08 11:48 | Report Abuse

More gloves will be used if vaccine available

tahong

536 posts

Posted by tahong > 2020-09-08 11:49 | Report Abuse

Warning no contra plays

Posted by Elitetrader > 2020-09-08 11:53 | Report Abuse

Bought at support. Money making time.

covid2019

204 posts

Posted by covid2019 > 2020-09-08 11:57 | Report Abuse

woah...the contract LKL got from china is supported by comfort as well...is it true?

Timercheng

733 posts

Posted by Timercheng > 2020-09-08 12:04 | Report Abuse

Look like Comfort is in control by grp of syndicates. Feel like coming down its down n feel like going up its goes up

Ninja _07

533 posts

Posted by Ninja _07 > 2020-09-08 12:18 | Report Abuse

Market crashing! Better run .. redeem atleast what you have

kelvin17

565 posts

Posted by kelvin17 > 2020-09-08 12:25 | Report Abuse

correction for all glove stocks soon they have to move up , there is no company as profitable as them

Posted by Elitetrader > 2020-09-08 12:34 | Report Abuse

Early this year, all others bearish except gloves and profitablity at least for the next few quarters.

SALAM

1,069 posts

Posted by SALAM > 2020-09-08 12:37 | Report Abuse

Join the syndicate, don't fight them : when they sell, we sell. when they buy,we buy... the HC will show... Forget all noices from so called sifus

Hawk Eye

158 posts

Posted by Hawk Eye > 2020-09-08 12:40 | Report Abuse

COMFORT is not in comfortable mood...ha ha ...

Posted by Superbinvestor > 2020-09-08 12:54 | Report Abuse

Sign to rebound soon

Posted by DonWorryBeHappy > 2020-09-08 12:55 | Report Abuse

This doesn't make any sense at all

Ninja _07

533 posts

Posted by Ninja _07 > 2020-09-08 12:56 | Report Abuse

Sell and save your whatever capital.. shark eating all alive

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