If you have the spare cash and you can hold it until end of June ( which is only abt 60 days from now), just close your eyes and buy. The bonus issue in the form of free warrants will be completed by the 2nd quarter 2021. That was in the announcement.
I am pretty sure the next quarter results will be very good and that will help Comfort to push up the share price. With higher mother share price, Comfort can fix a higher conversion rate.
With higher conversion rate Comfort can raise more cash ( warrant holders have to pay more to convert to mother shares) from the restructuring exercise.
It is to the interest of Comfort to keep the share price high at least until the conversion rate is announced.
Looking at the trend, the next push will bring Comfort to RM3.80 to RM4.00 level.
The profit-taking you noticed last couple of days will not last long especially with foreign funds starting to buy back glove stocks.
Public Holiday KYY pun supply over the demands... It is unthinkable how bad heart the old man is just simply because he sold all of his glove share then seen it spiking up continuedly and pull back a bit these 2 days ( claiming he analysis is right ) If he read back what he wrote in the past OR see the mirror ... he surely feel am i a human being.
later the bad heart old man will tell you he see the opportunity again for the glove counter when seeing the piling cash flow ... flip flop flip flop flip flop flip flop flip flop flip flop .
the lousy one in bursa ... i thought bursa should investigate him
As a co-founder of Rubberex, I was told that the demand for glove is still surging due to Covid 19 pandemic despite massive vaccination. Moreover, many more medical workers are wearing glove to do the injection for safety. Additional gloves are required.
This morning, I spoke to Mr Ken Cheang, CEO of Comfort Gloves to ask him if he could sell some gloves to an old friend who is a trader. He said that all his production is already presold for the whole year. If my friend wants to place an order, he can only supply in 2022 but he cannot fix the selling price now as the selling price is increasing constantly due to the surge in demand for gloves.
SINGAPORE, April 29 — A nurse at Tan Tock Seng Hospital (TTSH) who has been fully vaccinated was one of the three community Covid-19 cases reported in Singapore yesterday. Following the detection of her case, the hospital locked down the affected ward and preliminary tests found four more persons there being infected. The four comprise a doctor and three patients who were cared for in the same ward, said the Ministry of Health yesterday. MOH said that the nurse, a 46-year-old Filipino who works at Ward 9D, had developed a cough, sore throat and body aches on April 27 and sought medical treatment at the hospital. Her test result came back positive for Covid-19 infection on the same day, and she was warded at the National Centre for Infectious Diseases. “Her serology test result is pending,” said MOH. The woman had received her first dose of vaccine on Jan 26 and a second dose on Feb 18. “The Covid-19 vaccine is effective in preventing symptomatic disease for the vast majority of those vaccinated, but it is possible for vaccinated individuals to get infected,” said MOH. Following the detection of the woman’s case, MOH said that TTSH locked down the affected ward and tested the patients and staff who had been in the ward. “As a precautionary measure, all staff who treated the infected patients, as well as all visitors, patients and staff working in Ward 9D will be placed on quarantine,” said MOH. “Epidemiological investigations and contact tracing are ongoing. As we are conducting further testing for these four cases, they have not been included in today’s case count.” In a post on its Facebook page late yesterday, TTSH said that close staff contacts have been swabbed and placed on leave of absence “pending further investigations”. The hospital added that the affected ward has since been locked down and that they are swabbing and isolating all the patients there. As a further precaution, TTSH said that they are tightening their ward visiting policy and will only be allowing two pre-registered visitors throughout a patient’s stay “until further notice”. “We will monitor the situation and review our policy accordingly. We will also be swabbing all staff in the main hospital’s ward block. “We sincerely apologise for the inconvenience these measures will cause but they are necessary to contain the situation and protect our patients and staff,” TTSH said.
I like your below comments. Yesterday I bought 100Lots @2.685,
IMwhatIM - If you have the spare cash and you can hold it until end of June ( which is only abt 60 days from now), just close your eyes and buy. The bonus issue in the form of free warrants will be completed by the 2nd quarter 2021. That was in the announcement.
I am pretty sure the next quarter results will be very good and that will help Comfort to push up the share , price. With higher mother share price, Comfort can fix a higher conversion rate.
With higher conversion rate Comfort can raise more cash ( warrant holders have to pay more to convert to mother shares) from the restructuring exercise.
It is to the interest of Comfort to keep the share price high at least until the conversion rate is announced.
Looking at the trend, the next push will bring Comfort to RM3.80 to RM4.00 level.
The profit-taking you noticed last couple of days will not last long especially with foreign funds starting to buy back glove stocks.
KUALA LUMPUR, April 29 ― Another 3,332 more Covid-19 infections have been added to Malaysia’s tally, making it a second day above the 3,000-case mark. Today’s case numbers also came after Communications and Multimedia Minister Datuk Saifuddin Abdullah confirmed that he has contracted Covid-19. Health director-general Tan Sri Dr Noor Hisham Abdullah disclosed that Selangor remained the state with the most new cases at 1,083, ahead of Sarawak with 522 and Kelantan with 401.
20 hr 11 min ago Modi calls for people to vote "in line with Covid-19 protocols" on final day of local elections From CNN's Manveena Suri in New Delhi and Chandler Thornton in Hong Kong
Just checked. Last time we MCO was on Jan 11th. On Jan 12th it was reported new 3,309 cases in that day. Yesterday was 3,332 new cases. Things are not looking good.
Sometimes it is not on paper that matters... Everything about comfort on paper is better. Lower P/E, Higher NTA, Dividend, EPS... who cares ya? Bet on the wrong horse... It is like KYY says... supply and demand
bursa allow RSS is a super big mistake, a good company being a casino table for those gambler. who feel that this is making sense? penny stock making lose every quarter able to goreng 100% 200% without any convincing profit. a company with PE only 3, end up like this.
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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....
ks5S
4,601 posts
Posted by ks5S > 2021-04-29 10:24 | Report Abuse
kejar output. sales manyak good
itu kyy tak boleh percaya punya. duduk rumah tulis blog saja