Posted by LimitupLimitDown > 2020-12-15 09:13 | Report Abuse

based on history today glove will limit up.

Posted by selesa2020 > 2020-12-15 09:15 | Report Abuse

Looks like investors not keen to push for now, cause show in Parliament later. So it's a 50% 50% gambling , if Budget 2021 get a greenlight, sure rally kuat kuat...

Posted by Dannyfyl88 > 2020-12-15 09:20 |

Post removed.Why?

Posted by selesa2020 > 2020-12-15 09:21 | Report Abuse

Danny, no point worry now, wait, 2021 will be a better year.

Posted by LimitupLimitDown > 2020-12-15 09:58 | Report Abuse

pls dont all in comfort glove ya, keep avg down avg down later more loss. The director diam diam sell to public. gloves will go back to rm1 in the future so beware

Posted by Liquidity > 2020-12-15 09:59 | Report Abuse

4 quarters of profits in 2021 pretty much locked down. MSCI global small cap listed. Forward PE 5-6 is just unheard of. It should normalize next year upwards.

Posted by Anaconder > 2020-12-15 10:07 | Report Abuse

Safe buy cos back up by fundamental value. So no worry of vaccine or not.Undervalue now.

Posted by Anaconder > 2020-12-15 10:13 | Report Abuse

Expert said it is the sitting that make money

Posted by IMwhatIM > 2020-12-15 10:14 | Report Abuse

Comfort up 3.7% now. Very soon it will be RM4 again. Have a happy day.

Posted by Timercheng > 2020-12-15 10:18 | Report Abuse

I think Lao Sai is over

Posted by Timercheng > 2020-12-15 10:22 | Report Abuse

JP Morgan not only talk cock but talks rubbish n also dreaming, want to buy Top glove for RM3.50

Posted by RockerArm > 2020-12-15 10:32 | Report Abuse

This Kwai Loh Fund manager can goes to hell, shame on u to value Top Glove at 3.5 bucks. U think Top Glove is kaki lima factory

Posted by IMwhatIM > 2020-12-15 10:34 | Report Abuse

Uncle Koon's rebuttals made the JP Morgan's report looked amateurish and " quite stupid". Their analysts shld join this chat group to learn from the analysts here. What say you, bros?

Posted by Sansing > 2020-12-15 10:42 | Report Abuse

Median term , I think RM 4.5 no problem

Posted by IMwhatIM > 2020-12-15 10:42 | Report Abuse

If all the glove counters can keep their prices in the positive zone for the next few days, then JP Morgan will have to either " eat" their own report or flush it down the toilet.

Posted by Newbie3977 > 2020-12-15 10:58 | Report Abuse

Sack those two guys from JP Morgan. :). It is only logical that all glove counters will go up again. There is still way more demand than supply.

Posted by benykp > 2020-12-15 11:03 | Report Abuse

https://www.theguardian.com/business/2020/sep/29/jpmorgan-chase-admits-spoofing-us-market-manipulation-pay-920m

Posted by benykp > 2020-12-15 11:05 | Report Abuse

https://koonyewyin.com/2020/12/14/why-jp-morgan-downgrades-top-glove/

Posted by benykp > 2020-12-15 11:06 | Report Abuse

Ada udang di sebalik batu

Posted by SALAM > 2020-12-15 11:14 | Report Abuse

Share market is a zero sum game casino..between retailers and fund managers esp IBs..IBs' profit has to come from retailer's pocket..Haha

Posted by IMwhatIM > 2020-12-15 11:31 | Report Abuse

To survive in the market you must be steel-hearted and know what you are buying into..... then only you can sleep well. I am not surprised many punters did not sleep at all last night. Uncle Koon's rebuttals shld help many to think straight. Well well well, many have learnt to be a better stock market investors.

Posted by IMwhatIM > 2020-12-15 11:46 | Report Abuse

The profit for the last qtr was abt RM90 mil. The profit for the next 2 qtrs is likely to be higher than RM95 million per qtr. This is juicy story to many fund managers.

Posted by MasterYoda > 2020-12-15 11:57 | Report Abuse

Guys don’t be stubborn,it will continue to go downhill.Cut loss before become bubur cha cha :) . “Train yourself to let go of everything you fear to lose.” — Yoda

Posted by thlim123 > 2020-12-15 11:57 | Report Abuse

I bought at 3.98, to early buy already. No bullet to average down. I think unless management announce special dividend or extra ordinary news, this share price won’t suddenly spike up. However slowly and surely this stock will climb up, is a matter of time

Posted by ChaseBros > 2020-12-15 12:10 | Report Abuse

Jim Cramer says stay-at-home trade is back on — ‘Lockdown is where we’re headed’

https://www.cnbc.com/2020/12/14/cramer-says-stay-home-trade-is-back-lo...

After all the EUA, recovery theme will subside, for more and more countries going into lockdown with exponential Covid cases and no of deaths. This is only the beginning of dark brutal winter.

Joe Biden will prioritize well-being and healthcare when he took office in Jan.

A value investor will buy into good fundamental stock which is undervalue due to temporary weak sentiment or irrational market behavior.

Posted by themeg > 2020-12-15 12:25 | Report Abuse

@IMwhatIM I'm expecting comfort's next quarter's profit to be within RM100mil to RM110mil range.

Posted by mrcrab > 2020-12-15 12:36 | Report Abuse

Profit up so much but management stingy also no point for shareholders. Show us good dividend.

Posted by thlim123 > 2020-12-15 13:38 | Report Abuse

Mcrab, agree

Posted by linheng > 2020-12-15 13:53 | Report Abuse

AS OF 31 OCT 2020, JP MORGAN MALAYSIA EQUITY FUND TOP HOLDING IS TOPGLOVE. NO 3 IS HARTALEGA. AFTER SELL IN NOVEMBER 2020, THEY DECIDED TO DOWNGRAGE BY 50%. PLEASE CHECK THEIR FUND FACT SHEET

Posted by linheng > 2020-12-15 14:01 | Report Abuse

ON 30 OCT TG CLOSED AT $8.57 HARTALEGA CLOSED AT $17.95

Posted by Baby Shark > 2020-12-15 15:12 | Report Abuse

Dis I kena 5 rounds rugi..

Posted by Baby Shark > 2020-12-15 15:24 | Report Abuse

Hope naik 4.50 at least.. otherwise cebeh..

Posted by 東风 > 2020-12-15 15:28 | Report Abuse

2+ coming

Posted by IMwhatIM > 2020-12-15 16:21 | Report Abuse

There appears to be an aggressive buyer for Comfort shares now. Likely to close 3.40-3.45 today.

Posted by DonWorryBeHappy > 2020-12-15 17:17 | Report Abuse

42m previous qr + 90m latest qr are only the beginning of supernormal profits, if orders booked until 2021 as said, another 5 more QRs to go.

Simply can't ignore this amount of earnings, won't even talk about PE.

I'm still at 3.79, careplus 2.88, but my shares are all free shares from the superb returns from gloves, so I'm a bit chilled. Will only see when I see earnings drop.

Good luck and trade well.

Posted by amateurJR > 2020-12-15 18:25 | Report Abuse

Aiyo Baby Shark still here meh

Posted by thlim123 > 2020-12-15 20:44 | Report Abuse

DonWarryBeHappy: Only if owner willing to share some of their profit with shareholder, if not whatever good profit that they earn. Shareholder won’t benefit.

Posted by helang82 > 2020-12-16 00:42 | Report Abuse

Just to share my opinion, I'm neutral on lockdown vs vaccine

https://www.theedgemarkets.com/article/oil-rises-above-us50-vaccine-optimism-counters-new-lockdowns

Keep 50-50, it's okay to cut loss 50% of your glove stocks and join the recovery stock, most recovery stock really start recovering from the worst. I've been studying many recovery stock counters and finally decide to cut lost last 2 weeks, and all my loss from glove has been recovered now and if I decide to buy glove today, I can get a lot more with cheaper price.

But, I'm still optimist that glove stock will start to recover by the time people see the net profit keep on increasing regardless of the vaccine roll put.

2 sentiments here - no 1, the glove profit will not be sustained for long, and the market will be much competitive starting Q2 next year, and secondly, the post-mco stock esp oil and gas will soon fly (and airasia really has flown 100% since it's cheapest 0.5).

Posted by Liquidity > 2020-12-16 08:52 | Report Abuse

https://klse.i3investor.com/blogs/gloveharicut/2020-12-16-story-h1538225325-CIMB_GLOVEs_to_record_stronger_results_in_quarters_ahead_ASPs_to_contin.jsp

Posted by Dannyfyl88 > 2020-12-16 09:12 | Report Abuse

Moving up...

Posted by RockerArm > 2020-12-16 09:13 | Report Abuse

Uptrend is on the way

Posted by IMwhatIM > 2020-12-16 09:15 | Report Abuse

It looks like the JPM report is going to be flushed into the toilet!! Have a profitable day.

Posted by Dannyfyl88 > 2020-12-16 09:25 | Report Abuse

Value buy... Single digit P/E in 2021 is just too cheap

Posted by Baby Shark > 2020-12-16 11:46 | Report Abuse

Dis type of counter no need mention Rm7.00, 6.00 or 5.00... 4.50 I run habis won't come back.. hahaha

Posted by Dannyfyl88 > 2020-12-16 17:11 | Report Abuse

Ya... It is flat out disappointing. 4.5 is like a long way from here...

Posted by Liquidity > 2020-12-16 17:20 | Report Abuse

Let's give it some time la. I'll wait till end Q1 2021.

Posted by Timercheng > 2020-12-17 10:04 | Report Abuse

Battery weak , so no power to push

Posted by Dannyfyl88 > 2020-12-17 15:03 |

Post removed.Why?

Posted by kens88 > 2020-12-17 18:16 | Report Abuse

Babyshark you still here? Long time no see

Posted by lovetzy > 2020-12-17 18:47 | Report Abuse

Superman 12 Comfood 6 Jan