COMFORT GLOVES BERHAD

KLSE (MYR): COMFORT (2127)

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Last Price

0.42

Today's Change

0.00 (0.00%)

Day's Change

0.415 - 0.42

Trading Volume

398,400


25 people like this.

38,781 comment(s). Last comment by Dannyfyl88 1 week ago

genghis

451 posts

Posted by genghis > 2020-10-20 16:26 | Report Abuse

hai..today correction la.y cut lost?next week regret.buy red sell green.not terbalik

Posted by GorengHealthcare > 2020-10-20 16:27 | Report Abuse

Tomorrow only the best time to reload cz anticipated will get cheaper tomorrow than today.

denzadesu

387 posts

Posted by denzadesu > 2020-10-20 16:38 | Report Abuse

chip in some,
tomorrow resume green

Dannyfyl88

1,220 posts

Posted by Dannyfyl88 > 2020-10-20 17:00 | Report Abuse

Correction is good and it brings support. Fibonacci effect... can't go up and up... Load up again tomorrow on downtick.

Dannyfyl88

1,220 posts

Posted by Dannyfyl88 > 2020-10-20 17:02 | Report Abuse

P/E lowest.. and all gloves got hit today and this the hardest. WTF...

lnvest

5 posts

Posted by lnvest > 2020-10-20 17:18 | Report Abuse

Rubberex has higher profit margins and EPS than Careplus and Comfort.
Rubberex's has a HQ in Spain, Europe which Careplus and Comfort do not have.
Google Rubberex Spain: https://www.google.com/maps/uv?pb=!1s0xd6058290d6ca32f%3A0xc6b1af9ff92bfe24!3m1!7e115!4shttps%3A%2F%2Flh5.googleusercontent.com%2Fp%2FAF1QipP1eVbHof5mIl6Q1r1GEmLE2o1LqMcP3Kke1V4C%3Dw240-h160-k-no!5srubberex%20spain%20-%20Google%20Search!15sCgIgARICCAI&imagekey=!1e2!2sc1WwLfJ3rmacaGKFNGXFIg&hl=en&sa=X&ved=2ahUKEwiW1KOb6sLsAhXkIbcAHUHSBX0QoiowCnoECBQQAw
Europe has MILLIONS of active cases right now due to the new waves.
Rubberex main source of revenue is Europe. Make a smart decision.

drago_7

366 posts

Posted by drago_7 > 2020-10-20 17:47 | Report Abuse

Top Glove .. Comfort ... Careplus all lau sai

Posted by AxeCapital2077 > 2020-10-20 18:41 | Report Abuse

tommorow continue lau sai must buy already cannot tahan dy

Money122

982 posts

Posted by Money122 > 2020-10-20 21:27 | Report Abuse

Towards RM11

newbie8080

2,770 posts

Posted by newbie8080 > 2020-10-20 22:56 | Report Abuse

Coronavirus likely to become as ‘endemic’ as flu-Vaccine might not be able to stop it

https://klse.i3investor.com/blogs/20200913StoryRM200Bil/2020-10-20-story-h1534737949-Coronavirus_likely_to_become_as_endemic_as_flu_Vaccine_might_not_be_abl.jsp

Play_Joy

224 posts

Posted by Play_Joy > 2020-10-21 07:41 | Report Abuse

Music still loud at the glove makers' party. (Photo by Top Glove)

Advertisement
Music still loud at the glove makers' party
BY WONG EE LIN & AHMAD NAQIB IDRIS theedgemarkets.com


KUALA LUMPUR (Oct 21): The craze for rubber glove stocks has yet to dissipate. The evidence of it is that the big four glove makers, namely Top Glove Corp Bhd, Hartalega Holdings Bhd, Supermax Corp Bhd and Kossan Rubber Industries Bhd, are among the top 30 largest stocks in terms of market capitalisation on Bursa Malaysia.

The big four rubber glove counters, collectively, have gained some RM147.42 billion worth of market cap. This is equivalent to 36% of the total market cap increase from all the stocks listed on Bursa Malaysia.

The surge in demand for rubber gloves as a result of the Covid-19 pandemic has translated into exorbitant gains. Never before have glove makers made that much profit.

The glove makers succumbed to heavy selldown in August and the first half of September. Just when some quarters thought that the party was over, their share prices just rebounded and recouped most losses.


The world's largest rubber glove manufacturer Top Glove is now just 34 sen or RM2.76 billion market cap short of becoming the largest counter in Malaysia, based on the closing price on Oct 19.

Top Glove soared 409% to RM9.60 yesterday, valuing the company at RM78.17 billion, while Hartalega surged by 210% to settle at RM19, bringing its market cap to RM65.12 billion.

Supermax seems to be winning the race among the four. Its share price leapt more than 14 times, or 1,336%, to close at RM10.70, while Kossan has climbed 248% at RM8.13.

Both Supermax and Kossan joined the ranks of being the top 30 largest counters on Bursa in July. As a result, Maybank IB Research analyst Wong Chew Hann anticipates that the duo may become the 30-component stocks after the review in November or December, should their current rankings sustain.

Supermax is now the 16th largest counter on Bursa with a market cap of RM27.49 billion, from 124th at the start of this year, while Kossan (valued at RM20.8 billion) has climbed to the 23rd spot from the 62nd.

Among the smaller rubber glove makers, namely Comfort Gloves Bhd, Rubberex Corp (M) Bhd and Careplus Group Bhd, have also enjoyed astronomical gains.

Over the seven-month period, Comfort Gloves grew 677% to RM5.08 (valued at RM2.96 billion), while Rubberex jumped 1,223% to RM2.95 (valued at RM2.36 billion) and Careplus surged 1,880% to RM4.04 (valued at RM2.18 billion).

As their share prices have jumped multiple folds, these three rubber glove makers are now valued at more than RM2 billion. This is in contrast with their market cap of between RM100 million and RM361 million during the March equity rout.

Play_Joy

224 posts

Posted by Play_Joy > 2020-10-21 07:44 | Report Abuse

consensus & immediate TP for comfort 5.70

Posted by mrlimitdown > 2020-10-21 08:05 | Report Abuse

today sure drop another 20 cents

Liquidity

418 posts

Posted by Liquidity > 2020-10-21 08:06 | Report Abuse

This week RM5.70. We have to ride the momentum on Careplus 23rd QR results and Supermax 27th QR results.

Liquidity

418 posts

Posted by Liquidity > 2020-10-21 08:11 | Report Abuse

@mrlimitdown maybe so today, but key is the price on the 27th of Oct.

Dannyfyl88

1,220 posts

Posted by Dannyfyl88 > 2020-10-21 08:53 | Report Abuse

I hope it drops so I can buy some more. This counter will go to 6 these few weeks to catch up with the rest. The Earnings are just going to be good for the next 4 Qtrs. Remember gloves orders are still 14 months laps time. This is looking to spring from here...

ChaseBros

577 posts

Posted by ChaseBros > 2020-10-21 09:19 | Report Abuse

https://www.cnbc.com/2020/10/20/covid-19-likely-to-become-as-endemic-as-flu.html

This is the ugly truth and we just have to face the reality that Covid will not be eradicated by vaccine and SOP shall remain. It may be like the flu season seen in Western country, except this time round it would be global.

Timercheng

733 posts

Posted by Timercheng > 2020-10-21 09:19 | Report Abuse

Betul2 Lao Sai

Posted by bullgoup123 > 2020-10-21 09:20 | Report Abuse

Time to enterrrr

Posted by oilwaterman > 2020-10-21 09:23 | Report Abuse

The cirit continue today. -

Timercheng

733 posts

Posted by Timercheng > 2020-10-21 09:24 | Report Abuse

Wait at 4 bucks loh!

Posted by oilwaterman > 2020-10-21 09:25 | Report Abuse

Liquidity, you said 5.70, can I sell to you 5.30 ? Let u take 40 sen profit

Liquidity

418 posts

Posted by Liquidity > 2020-10-21 09:25 | Report Abuse

4.50 I’ll buy more. Love having everyday must price up or else panic and sell idiots around.

Play_Joy

224 posts

Posted by Play_Joy > 2020-10-21 09:26 | Report Abuse

eneterd 10 lots at 4.75

Play_Joy

224 posts

Posted by Play_Joy > 2020-10-21 09:26 | Report Abuse

q more at 4.75

Dannyfyl88

1,220 posts

Posted by Dannyfyl88 > 2020-10-21 09:38 | Report Abuse

Down day for Gloves...added again. Looking at the Buy Vol is crazy. All bad news will pass and staging for a rebound by month end. This is looking more and more attractive with the downturn today.

Posted by oilwaterman > 2020-10-21 09:41 | Report Abuse

You aim better buy at 1.00 and claim can reach 5.70 this week. Talk like a gambler

Liquidity

418 posts

Posted by Liquidity > 2020-10-21 09:42 | Report Abuse

I will wait to 5.70 you idiot. Not buy at 5.30. Have a lot already at average price 4.30. But I’m willing to be patient and collect more if price drops close to my average price.

Liquidity

418 posts

Posted by Liquidity > 2020-10-21 09:43 | Report Abuse

We shall see who’s the gambler and who makes money. Small time broke ass idiot.

Posted by oilwaterman > 2020-10-21 09:47 | Report Abuse

Who is the hardcore gambler claiming can reach 5.70 this week? And now claim want to enter at 4.50... sure you only have the ability to count using your 10 fingers 10 toes

Posted by Learner One > 2020-10-21 09:48 | Report Abuse

Declare bonus sure shoot

Dannyfyl88

1,220 posts

Posted by Dannyfyl88 > 2020-10-21 09:49 |

Post removed.Why?

Timercheng

733 posts

Posted by Timercheng > 2020-10-21 09:49 | Report Abuse

Wah ! operators can run very fast, kaki contras kena kau2 again

drago_7

366 posts

Posted by drago_7 > 2020-10-21 09:57 | Report Abuse

Glove demand and Kossan especially expected to rise based on IB's article in the Star today

speakup

27,076 posts

Posted by speakup > 2020-10-21 10:24 | Report Abuse

good thing speakup cutloss yesterday 4.89
otherwise cry

speakup

27,076 posts

Posted by speakup > 2020-10-21 10:25 | Report Abuse

comfort is very undervalued glove company
BUT somehow nobody want to push up

speakup

27,076 posts

Posted by speakup > 2020-10-21 10:27 | Report Abuse

it is the cheapest in terms of valuation but what's the point, nobody want to buy the cheapest glove company, all want to buy Rubberex & Carepls which is the most expensive in terms of valuation

speakup

27,076 posts

Posted by speakup > 2020-10-21 10:28 | Report Abuse

anyway speakup no more position in comfort so up or down doesnt matter

Posted by Learner One > 2020-10-21 10:29 | Report Abuse

4.50 next rest

Posted by Learner One > 2020-10-21 10:31 | Report Abuse

Went up to fast without mngment involvement....like buy back.

TradeWise

73 posts

Posted by TradeWise > 2020-10-21 10:31 | Report Abuse

goreng goreng comfort counter? each wave earn 15% fulamak

Posted by oilwaterman > 2020-10-21 10:33 | Report Abuse

Today is not cirit , today is diarrhea.

Posted by Learner One > 2020-10-21 10:36 | Report Abuse

Sure panic sell to protect capital

minde008

11 posts

Posted by minde008 > 2020-10-21 10:36 | Report Abuse

support for comfort is at?

drago_7

366 posts

Posted by drago_7 > 2020-10-21 10:36 | Report Abuse

I am collecting...

Dannyfyl88

1,220 posts

Posted by Dannyfyl88 > 2020-10-21 10:37 | Report Abuse

Down day today... load up again...

Posted by AxeCapital2077 > 2020-10-21 10:39 | Report Abuse

Waa just finish my workout, already drop dao like this? Time to collect

Posted by Snowpiercer > 2020-10-21 10:39 | Report Abuse

Bit by bit collect as it goes down. Need not worry

kens88

698 posts

Posted by kens88 > 2020-10-21 10:42 | Report Abuse

Collected a bit as well

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