Posted by RockerArm > 2020-12-18 09:18 | Report Abuse

Alamak! Lao Sai again

Posted by Sansing > 2020-12-18 09:21 | Report Abuse

Back door government sure got a lot of cirit birit syndrome

Posted by Timercheng > 2020-12-18 10:26 | Report Abuse

Bo luck liow!

Posted by Timercheng > 2020-12-18 10:27 | Report Abuse

Look like going to break Rm 3.20 today

Posted by Tly1825 > 2020-12-18 10:36 | Report Abuse

if DIY can reach RM3.20, comfort has same level as DIY,?

Posted by Jingweihan > 2020-12-19 14:58 | Report Abuse

Ha ha

Posted by inPeace > 2020-12-21 08:48 | Report Abuse

https://www3.nhk.or.jp/nhkworld/en/news/backstories/1421/

Japan's hospitals facing medical glove shortage


Frontline medical workers in Japan are worried they're running out of an essential piece of protective equipment. They're facing a critical shortfall of medical rubber gloves at the same time as coronavirus infections rise to record levels.

The clinic's deputy director, Doi Yoshiyasu, says it's getting difficult to source the item, and the price has doubled. He urges authorities to prioritize resource allocation to the people who need it most.

A recent survey of medical staff involved in the fight against COVID-19 found the shortage is becoming a serious issue nationwide.

Some facilities have resorted to using gloves that are not medical grade, but Professor Sugawara Erisa, an infection control expert at Tokyo Healthcare University, says that's putting people at risk.

"Sending frontline workers in without medical-grade gloves is like sending them to war without ammunition," she says.

One reason for the shortage is that Japan, like many countries, relies heavily on imports.

Malaysia produces two-thirds of the world's rubber gloves. Supramaniam Shanmugam, head of the Malaysian Rubber Glove Manufacturers Association, says global demand far exceeds supply. "We will be trying to catch up with demand for the next couple of years," he says.

Posted by Durian24 > 2020-12-21 17:07 | Report Abuse

BUY! 3.29!!

Posted by selesa2020 > 2020-12-21 20:07 | Report Abuse

Durian runtuh! Mari Mari, please help yourselves.

Posted by 5c0160 > 2020-12-21 21:06 | Report Abuse

Game over. Hopeless.

Posted by ProsperousRealm > 2020-12-22 06:42 | Report Abuse

Glove bull wave 3 coming soon

Posted by ProsperousRealm > 2020-12-22 06:43 | Report Abuse

Guys getting tired of krappy bullshhitty excessively overhyped recovery theme & vaccine theme stocks with lousy fundamentals & hopeless earnings potentials

Posted by ProsperousRealm > 2020-12-22 06:43 | Report Abuse

They'll all be dumping throwing those stocks fairly soon

Posted by IMwhatIM > 2020-12-22 08:44 | Report Abuse

Improving profitability over next 2 qyrs will speak for the glove counters. Most of the sellers now are JPM's clients.

Posted by IMwhatIM > 2020-12-22 09:48 | Report Abuse

I can sense it is on the way up. Trading volume of 3 million in less than 1 hr is pretty big for Comfort. Watch out, bros. Good time is back. Have a happy day.

Posted by Dannyfyl88 > 2020-12-22 10:25 | Report Abuse

Ya, it has been suppressed even with stella earnings. That goes for all the gloves counters. IB moneies will eventually flow back to gloves as the fundamentals are strong and the recoveries stocks already recovered in the last 2 months..even with poor fundamentals. Now, these stocks sees a lot of profit takings and will continue to see profit takings in the coming weeks.

Posted by Sansing > 2020-12-22 10:51 | Report Abuse

They will be another flush out I think before it can move up

Posted by tahong > 2020-12-22 11:26 | Report Abuse

I am waiting at ard Rm3.15, pls lah! operators press down

Posted by Dannyfyl88 > 2020-12-22 16:36 | Report Abuse

Wukong TP now 2.8. It was 1 before. Can only hope he gets his wet dreams. This is going up lah... Now that profit takings are happening in the Recovered stocks. It is better you go buy Public Bank and hope for 25 now...

Posted by ks5S > 2020-12-22 19:18 | Report Abuse

time to enter

Posted by DonWorryBeHappy > 2020-12-22 19:36 | Report Abuse

Wukong also increase TP already haha

Posted by feng9991 > 2020-12-22 21:17 | Report Abuse

wukong increased his TP from RM1 to RM2.8 haha. Time to buy

Posted by VolatileIsMyGold > 2020-12-23 04:06 | Report Abuse

Glove bull wave 3 coming

Posted by VolatileIsMyGold > 2020-12-23 04:06 | Report Abuse

Possibly triggered by new strain of covid-19 virus found in UK, which current vaccines being developed might not be able to handle

Posted by VolatileIsMyGold > 2020-12-23 04:07 | Report Abuse

Major EU countries like France already banned flights & other travel from UK

Posted by IMwhatIM > 2020-12-23 07:03 | Report Abuse

Hope all who believed in JPM's report sell their shares in Comfort now..... and surely they will come back later and buy back at higher prices.

Posted by ks5S > 2020-12-23 07:16 | Report Abuse

glove bull just started.

Posted by IMwhatIM > 2020-12-23 08:58 | Report Abuse

Many investors are starting to switch back to glove stocks. Shld jump when the bell rings at 9.00am!!

Posted by hasnah > 2020-12-23 10:32 | Report Abuse

Tampoi Jaya cluster in Johor Bahru had 32 cases, and the Rapat cluster involving Kinta and Perak Tengah in Perak had seven cases.

Posted by Anaconder > 2020-12-23 11:26 | Report Abuse

Retail players kena trap. waiting to sell only. no more bullets to buy

Posted by LimitupLimitDown > 2020-12-23 11:46 | Report Abuse

open ur eyes, smart players all left, now left uncle and gang quietly selling.

Posted by AxeCapital2077 > 2020-12-23 14:24 | Report Abuse

For Anyone still averaging down on gloves especially on comfort, why are you doing this to yourself?

Posted by IMwhatIM > 2020-12-23 16:12 | Report Abuse

There will be global shortage of rubber gloves beyond March 2022. Profit of glove companies will continue to go up until at least until then.
Hope all JPM's clients have sold all their shares in glove companies......
So that they will buy back the shares at higher prices later on.

Posted by amateurJR > 2020-12-23 18:05 | Report Abuse

Where is baby shark? Haha

Posted by Jingweihan > 2020-12-23 19:00 | Report Abuse

Don't worry. Wukong increase tp from 1.0 to 2.85 liao

Posted by AxeCapital2077 > 2020-12-23 19:26 | Report Abuse

When during RM4-5 why don’t wanna sell? I terus dump all gloves. I am coming back here to warn you guys, next week on another vaccine news come. Later your profits will be harder to take. I hope no one keep put their salary or sell house to buy into gloves especially comfort. GG . Ask myself why the hell my Other sectors so damn green but when look at glove counters no eyes see. Coz every institution investor knows that gloves can only perform during pandemic.

Posted by ks5S > 2020-12-23 19:30 | Report Abuse

time to accumulate. bottom has been reached

Posted by kens88 > 2020-12-23 19:32 | Report Abuse

no need buy la. even if go up is just to trap retailer
go up 1 cent drop 10 cents

Posted by 5c0160 > 2020-12-23 20:44 | Report Abuse

Super rubbish game over counter. cnt.go uponly go down.

Posted by ks5S > 2020-12-23 20:49 | Report Abuse

tomorrow rebound. oversold now

Posted by WallStreet88 > 2020-12-23 21:44 | Report Abuse

New Covid-19 strain identified in Sabah, says Health Ministry
https://www.thestar.com.my/news/nation/2020/12/23/new-covid-19-strain-identified-in-sabah-says-health-ministry

Posted by xcu843 > 2020-12-23 22:10 | Report Abuse

Tomorrow rebound

Posted by Anaconder > 2020-12-24 09:08 | Report Abuse

Not rebound lao sai lah!

Posted by Dannyfyl88 > 2020-12-24 09:20 | Report Abuse

Dead on water. Waiting game now... explode up or down. Gathering bullets for new year. There will be another round of IB buying coming. Such low price now...

Posted by selesa2020 > 2020-12-24 09:55 | Report Abuse

No volume, little movement, so the big fishes are buying their time and play the waiting game.

Posted by Dannyfyl88 > 2020-12-24 10:21 | Report Abuse

Ya... looking the banks stocks... the volume is ridiculously low...from MaybankInvest. HLB only 12. WTF... Anyway, waiting for the new year and will buy some more.

Posted by RockerArm > 2020-12-24 10:24 | Report Abuse

Diversify to to AT now ,look like coming

Posted by 5c0160 > 2020-12-24 20:04 | Report Abuse

Hopeless game over counter.Below 3 soon

Posted by Start_0f_the_bull > 2020-12-27 21:39 | Report Abuse

Hopeless.

Posted by Keyman188 > 2020-12-27 21:54 | Report Abuse

Global glove importers rethink relationship with Malaysian manufacturer

(December 27, 2020 7:30 AM)

PETALING JAYA: Two key global glove importers are re-evaluating their relationship with a Malaysian glove manufacturer after government raids uncovered abysmal foreign worker accommodations at two of its subsidiaries.

Kimberly-Clark, the American personal care giant behind household brands such as Kleenex, Scott and Huggies, told FMT it was “evaluating the matter” when asked whether it would continue to source from the company.

Meanwhile, Ansell, an Australian safety and personal protection firm which supplies the UK’s National Health Service, said it was planning to meet the company’s managing director “as quickly as possible” to decide on the consequences of this “unacceptable situation”.

A multi-agency operation at one of the factories on Monday found 781 workers living behind the building in two blocks of shipping containers stacked three storeys high. A separate raid on its sister company on Thursday found workers crammed into two warehouses at either end of a pathway filled with mountains of garbage and factory waste.

“We were shocked to see such living conditions (in the first factory), which are absolutely unacceptable,” said an Ansell spokesperson.

“Based on the photos and video included in the media reports, it is evident that the living conditions provided for some workers at the site are unacceptable and are a violation of Ansell’s ethical labour standards, human rights statement and supplier code of conduct.”

The company also said it was in contact with other suppliers to determine alternatives and ensure it continued to meet the increased global demand for personal protective equipment during the Covid-19 pandemic.

Insisting it was “absolutely not” aware of the living conditions at the first factory, Ansell said a third party audit ordered by the company in May 2019 did not reveal the foreign workers’ dismal living conditions.

“We are investigating why,” it said.

Kimberly-Clark’s spokesperson, meanwhile, said it was concerned by the recent reports and was committed to ensuring that its employees around the world – including those of its suppliers – were treated with respect, with workplace and human rights standards met at all times.

“Through our processes to hold suppliers to high standards of safety, quality and compliance, we have identified some improvement opportunities and will continue to work with (the company) as we would with any supplier to enable meaningful improvements.

“Importantly, we also know that through continued engagement, there is a greater chance of affecting positive outcomes in this regard.”

This is not the first time either of the companies have had to take a closer look at the Malaysian glove manufacturers which they source from.

Ansell – which supplies to hospitals, care homes, local authorities and the private sector – also sources from Top Glove, the world’s largest glove manufacturer.

In 2018, Ansell was forced to investigate allegations that Top Glove was exploiting workers after an ABC News investigation revealed issues such as excessive overtime and costly recruitment fees among its foreign workers.

It is understood that Ansell still sources gloves from Top Glove.


US import ban

In July, two of Top Glove’s subsidiaries were placed on a list of restricted imports into the US by the US Customs and Border Protection (CBP) due to alleged forced labour issues.

This came after another Malaysian glove maker, WRP Asia Pacific, was slapped with the same withhold release order on its exports to the US in September 2019 after charges that its gloves were produced with forced labour.

The ban was lifted in March based on information obtained by the CBP showing that the company was no longer producing its rubber gloves under forced labour conditions.

For both Top Glove and WRP, the issue at hand was the exorbitant recruitment fees its foreign workers had to pay to secure jobs at the companies – pushing them into debt bondage, one of the 11 indicators of forced labour according to the International Labour Organization (ILO).

Among the other indicators were poor living conditions, placing the glove company supplying Kimberly-Clark and Ansell at risk of seeing their imports to several US companies being put on hold.

While a CBP representative was unable to disclose whether it was investigating specific entities, he told FMT that the CBP would continue to investigate credible allegations of forced labour in US supply chains and would prevent goods made by forced labour from entering US commerce.

“There are reputational, financial and legal risks associated with importing goods made by forced labour into the US,” said the CBP spokesperson.

“US importers have a responsibility to exercise reasonable care and to ensure that their supply chains are free of forced labour. CBP will not tolerate forced labour in US supply chains.”