Comfort has the lowest PE multiple compared with the rest. That is why it is green when most of them incl Top G and Supermax are in the red last few sessions.
Now only the small short sellers are around. The big and cleverer ones have gone out of sight. They know that they cannot make much by selling at this price. Very soon all of the smaller ones will disappear into the thin air too. This is sheer common sense.
Shld look at the disposal with optimism. Why shld the buyer of that block of shares pay RM2.40 if he is not confident of selling it off higher than the price he paid for it. The total consideration is not a small sum. With this in mind sure many of us can sleep well tonight!!
You can never tell if the real buyer is actually one of those has been shorting the shares and it is so attractively low that it is time for them to buy a big block and then start to push the price up to sell and make money along the way. Hope this will give everyone peace of mind.
Cheang son all ready left Comfort. Once contract over father will retire. Lau family and friends have been buying of late. You will see changes soon. Very positive outlook.
Don't know exact date but will be soon. Only the head change. The key personal remains the same. They have added more lines and orders are full this year.
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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 > 2021-03-22 11:33 | Report Abuse
What business can be better than gloves industry in this pandemic world.