The US election will have no material impact on glove making business. It's a good opportunity to collect at this price range if people are panic selling due to the US election.
Everytime after US election, the Dow Jones bull again, never return to previous low also, what to be afraid? Even after backdoor government our bull run...
Support 4.00, support 3.50, support 3.25..... Enter with money.... Future profit 85 to 85m since carepls, harta, super all double..... Last qr 42 m.... I assume got 80m
PUTRAJAYA Oct 29: As many as 43 Tabika Perpaduan and one Taska Genius Perpaduan in Kuching, Sarawak will be closed from tomorrow until Nov 13, following the declaration of the area as a Red Zone by the Health Ministry (MOH).The National Unity Ministry in a statement today said the closure of the kindergartens and nursery involved 830 children and 92 teachers.Its Minister Datuk Halimah Mohamed Sadique in the statement reminded all the ministry’s machinery in the Red Zones to comply with health protocols and Standard Operating Procedures stipulated by the MOH, the National Security Council as well as directives from the state governments.
Comfort next qr wil be around rm80mil!!! If next 4-6 quarter remain rm80mil earnings, with PE 10 fair price is rm 5.50!!! If we use modest PE 20, it is rm 11 guys
Comfort is one of the best glove company. Share price should be advancing not retracting. Share price must be rising not falling. Let’s do what is necessary people
You should understand that 3 main factors as below of telling you that all the counters particularly COMFORT likely drop : -
1) Of course, US market affected by high Virus case number around the Eurozone and US;
2) US Presidential election make smart and sensitive investors stay away from markets; and
3) Glove MOMENTUM have been diluted by vaccine.
Anyway, significantly drop in market is good chance to correct good shares at much lower prices that are always Warren Buffett’s and our opportunities.
3% drop today and you're expecting 50% drop next week? when profits by industry all showing x2 growth in the recent quarter. Don't fear monger la with your useless analysis.
For positive news, tomorrow Comfort quarter will be ending, Aug-Oct 2021. Expecting profits to grow from 40m to 70-80m. Wonder if they will announce earlier in Nov rather than their normal Dec announcement.
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....
themeg
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Posted by themeg > 2020-10-28 17:41 | Report Abuse
The US election will have no material impact on glove making business. It's a good opportunity to collect at this price range if people are panic selling due to the US election.