I totally agree with you ImwhatIm. There are some comments here that make me cringe to read! There are some who made money & there are some who lost money. We all should be kinder to each other. After all we are here to try to make money along the way.
Very kind already to share formula of making money . Guru guru charges you membership fees. I here tell you 1/4 formula months ago. If you follow it , already 1 mil in your pocket.
Today is Good Friday and is another good Friday for holders of Comfort shares. It is green again but i can see there are still some short sellers and, as usual, moving against the traffic. But very soon they will disappear into the thin air. I don't think the syndicate has any problem bringing it to RM2.40 level in the near term.
So we have reasons to spend some of our winnings and celebrate this Easter weekend in a bigger way.
The relative PE multiple will tell you why Comfort price will move up more in % terms Comfort PE 3.83 Top Glove 5.66 Supermax 4.63 Rubberex 6.47 Careplus 5.75
With PE 3.83 Comfort is the "cheapest" and on that basis it shld rebound faster than the rest.
Short sellers are not likely to sell at these prices cos they are not likely to be able to buy back at lower prices.
To make money the only thing for the syndicate to do next is to push it up to sell. This shld happen anytime now.
I think you have got the wrong place to promote your favourite counter. Here, the common interest is Comfort. Tell us more about Comfort and many will lend their ears.
Can I ask...how can you know if the syndicate is or will push up or suppress the price of the share?
============== even if anyone knew, do you think they will let the public know? even if someone does inform public do you think people will believe him, lol
btuscy is spot on here. This is money-making info that only skilful people can read and detect from the price trading pattern. Of course a player must understand the fundamentals of the company and read alot about the company. There are many factors that can prompt the syndicate to push up or push down the share prices.
5c0160 seems to give the impression that this counter is doomed and down and dead and will never come up again. Or he has lost his patience on this counter. Well, occasionally you will step on shits in the stock market and you need another skill set to turn your porfolio around. Feeling downtrodden does not help.
To me it is always exciting to be in the market and as long as i know why stock prices fall, i will still be pleased with myself and i can still have a good night sleep.
Covid vaccinations hit another record, average now above 3 million daily
(PUBLISHED SAT, APR 3 20215:45 PM EDT)
~ The U.S. is now administering more than 3 million new Covid vaccine shots daily, based on a seven-day average of CDC data.
~ On Saturday, the public-health agency reported a record 4.1 million new doses were given.
The U.S. reported on Saturday another daily record of new Covid vaccine doses administered, pushing the weekly average of new shots per day above 3 million, according to data compiled by the Centers for Disease Control and Prevention.
The public-health agency on Saturday reported 4.1 million new doses were given, the highest daily mark since the Food and Drug Administration cleared vaccines for emergency use late last year.
About 104.2 million U.S. residents, or 31% of the population, have received at least one vaccine dose, according to the CDC, while 59.9 million people, or 18% of the population, are fully vaccinated. Pfizer and Moderna’s vaccines require two doses for full immunity protection; Johnson & Johnson’s vaccine, which received limited clearance in late February, is a single-shot regime.
Three-quarters of U.S. residents who are age 65 and older have received at least one vaccine dose, CDC data shows, providing crucial protection against the disease to a vulnerable group of Americans. As of March 31, nearly 81% of the country’s Covid deaths have occurred in people age 65 and up.
The rise in daily vaccine doses administered comes as available supply increases and eligibility is expanded across the nation. In states such as Texas, Kansas and Ohio, all residents age 16 and older are now able to get the vaccine.
The vaccine milestone Saturday arrives against a somewhat mixed picture for coronavirus cases and deaths in the past week. The country’s seven-day average of new daily infections sits at 64,617, up 6% compared with a week ago, according to a CNBC analysis of Johns Hopkins University data. Cases are growing in 26 states, plus Washington D.C., CNBC’s analysis shows.
However, the U.S. weekly average of new deaths per day is down 12% to 847.
President Joe Biden has urged the country to continue remaining vigilant around coronavirus spread despite significant progress on the vaccine rollout. “Too many Americans are acting as if this fight is over,” Biden said Friday. “It is not.”
Also on Friday, the CDC said people who have been fully vaccinated against Covid can travel at “low risk to themselves,” while still stressing the need to wear a mask and maintain physical distance.
“We continue to encourage every American to get vaccinated as soon as it’s their turn, so we can begin to safely take steps back to our everyday lives,” CDC Director Dr. Rochelle Walensky said in a statement that accompanied the guidance change. “Vaccines can help us return to the things we love about life, so we encourage every American to get vaccinated as soon as they have the opportunity.”
France has entered its third national lockdown as it battles a surge in cases of Covid-19 that threatens to overwhelm the country's hospitals.
Eastern Europe largely escaped the worst of the coronavirus pandemic in 2020, but the picture has changed dramatically with several countries experiencing record infections and deaths.
There is now a scramble to vaccinate the population fast but, as BBC correspondents across the region explain, the rate of infection is proving a major obstacle.
The chief minister of the western Indian state of Maharashtra has warned a full lockdown could be imposed unless Covid-19 cases begin to fall.
If i read it correctly, the number of short sellers in Comfort is drying up. They must have done their homework by now and accept the fact it is difficult to push the price further down because value seekers like us and many others will take it off from them at this price. It is suicidal for them to continue shorting at this level.
If i remember correctly the dividend will be paid on 14th April. The company bought back abt 2 million shares at price RM1.87 to RM1.94 between 1-5th April. So it is abt RM1.90 per share.
Short sellers are desperately covering their positions now before they get into deeper shit. Its common sense that the company wants to sell at higher prices after buying at RM1.90 last few days.
The company and its BOD know what we do not know ( but we can speculate) i.e how much Comfort is going to make in this financial year and it must be record-breaking sum and for that simple reason they are starting to buy up the shares now. Even primary school children and make the right guess.
The vol done after 11/2 hrs is only 650k units. Very small volume. That shows that most of the weak holders are out and now the short sellers cannot force the prices down cos no more weak holders around to sell to them. Only knowleageable people are around i.e. you and me and we are not selling to them at this price.
There is one direction left for Comfort share price.... that is to go up.
All the indicators for the share price to move up are now here: Expected good company performance, no incentives for short selling, hardly any weak holders, Company buying back its own shares and BOD are buying for themselves.
The list is comprehensive enough for fund managers to snap up Comfort shares at this level. I m a retired fund manager and i believe most of them think like me.
Hope we all make some decent profits soon. This week or next week?
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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....
steeliron
7 posts
Posted by steeliron > 2021-04-01 23:10 | Report Abuse
I totally agree with you ImwhatIm. There are some comments here that make me cringe to read! There are some who made money & there are some who lost money. We all should be kinder to each other. After all we are here to try to make money along the way.