Glove industry r money spinning machine so don"t worry.Their products r not reusable items , making huge money daily. I happen to send my mother to gov. clinic last yr for blood test i.e before Covid 19 even exist I notice the waste basket full of gloves before noon.So glove company is still my long term investment especially Comfort.
I pray to God for covid-19 to disappear soon, becos I can't go travel Europe again like this... But trust me, every winter sure got people die from any kind of flu in northern hemisphere, especially in France, and now this flu is anytime covid-19.
Using the current PAT Comfort shd be abt 30 eps. And using Taiko Top Glove as a guidance which is 20 PE previously .Thus Comfort shd be price at Rm 6 which match the target price of RHB Rm 5.70
those who win a lot from gloves counter for past few months will not feel the effect of gloves shares dropping now as they for sure already take profits or cut win by now, if anyone till now still make a loss on gloves counter, then you are highly advised to quit play shares as it is not suitable for you.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Sansing
1,028 posts
Posted by Sansing > 2020-09-10 12:59 | Report Abuse
Glove industry r money spinning machine so don"t worry.Their products r not reusable items , making huge money daily. I happen to send my mother to gov. clinic last yr for blood test i.e before Covid 19 even exist I notice the waste basket full of gloves before noon.So glove company is still my long term investment especially Comfort.