i think this one price controlled to make the warrant issuance more attractive. so can only fly after fixing the exercise price. now buy sell also simply for show only
I'm very happy to see people cut loss....I'm waiting to buy low again ..... after bought at rm 2 last round and sold all at rm 3 ....Now and hopefully tomorrow I'm able to re-enter comfort again....I' hope you all can cut loss tomorrow .
Supermax nét worth got burnt few hundred millions a day by telling the whole world ASP has peaked.. Why must report that.. Can't he say we made 1 Billion last qtr and demand still growing next few years due to rising cases, mco, etc and special div... That's all la. Retailers mampus, but he lose even more leh.
I'm just going to go ahead and say it. Malaysian investors do not make sense. Buy on rumour, sell on positive news. Buy AirAsia a company that won't make any money for years and selling assets like crazy just to survive. Sell Gloves which will see record profits through to 2023. I'm genuinely considering to just pull all my money out of bursa because of the rock brained individuals who do not understand anything here.
Due to fall in ASP & many glove factories are going to open. Hard to see any bright future in glove stocks. Moreover, US, the major glove buyer, covid-19 condition become better and better as more and more Americans are vaccinated. Israel & UK covid-19 conditions are even much more better. UK covid-19 condition is improved by at least 96% even the use of vaccine, AstraZeneca. New glove players esp the part time one like AT will encounter dark future.
A lot of doom and gloom for gloves from shorties after this dip. But a lot of people on the side waiting to add this coming few days. It will go back to 3... it's an opportunity to add....
RHB Research conservatively valued Comfort at RM2.60.
Remember that there will come a point when it is not worth short selling as the downside is limiited and what would they do instead? They will buy up at low prices and then they push it up to sell.
Short sellers want to make money by pushing the prices down and ALSO make money by pushing the prices up.
For that simple reason, there is nothing to panic if you still believe in the fundamentals of Comfort.
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tah16600
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Posted by tah16600 > 2021-05-05 19:36 | Report Abuse
Comfort hugely under rated