Posted by selesa2020 > 2021-07-28 11:23 | Report Abuse

Even Malaysia yet to reach the peak, wake up man! Economy not gonna rebound this soon. Another 9 to 12 MTHS , perhaps could see the proper direction.

Posted by IMwhatIM > 2021-07-28 11:44 | Report Abuse

The order book is full for the rest of 2021 and the whole of 2022. Comfort is busy coping with the production and also happily "printing money" with their massive profits they are generating.

All we need to see is one big foreign research house calling a buy on Comfort and its price will fly like water from a burst pipe.

Mark my word...... the day will come, anytime now.

Posted by BrusaCasino > 2021-07-28 13:14 | Report Abuse

How u know 2022 order book is full?

Posted by NJHL1234 > 2021-07-28 15:17 | Report Abuse

ur condom baru full

Posted by Start_0f_the_bull > 2021-07-28 15:25 | Report Abuse

The company didn't mention in their last QR that whole of year 2022 order book is full.

Posted by BrusaCasino > 2021-07-28 15:40 | Report Abuse

Insider info or manipulation

Posted by NatsukoMishima > 2021-07-28 20:56 | Report Abuse

https://www.klsescreener.com/v2/news/view/860109

This news will boost malaysia gloves stocks !

Posted by Wukong > 2021-07-28 23:03 | Report Abuse

这里好多骗子。谁傻就上当会买手套股。我们大家一起来期待comfort的目标价是TP1,我在这家公司工作的2022年的订单是少过一半，所以未来的股价很快就会下至到一块以下。请记住不要被骗子骗去傻傻买入手套。谁买谁亏的除非你嫌钱多吧。很快的就来到1块钱的价格

Posted by selesa2020 > 2021-07-28 23:46 | Report Abuse

https://www.hindustantimes.com/world-news/who-says-global-covid-deaths-up-by-21-cases-could-exceed-200-mn-in-two-weeks-101627472933570.html

Posted by Start_0f_the_bull > 2021-07-29 05:04 | Report Abuse

Wukong are you sure you are working in Comfort? (I doubt he is).
That guy who wrote very affirmative that the company year 2022 order book is full. I guess readers in this forum would like to here explanation from him if he has not gone for hiding.
So many liers in share market these days. Beware!

Posted by tiruban85 > 2021-07-29 08:42 | Report Abuse

correct me if im wrong, could it be like some big funds are suppressing the price, so that when the covid cases rises, they will push up the price again? it seems the news and the current price does not correlate to each other.

Posted by Dannyfyl88 > 2021-07-29 08:50 | Report Abuse

It’s a waiting game… soon every other counters gets too expensive and gloves are the cheapest. It will rebound strongly.

Posted by philip31 > 2021-07-29 08:58 | Report Abuse

Bosses are accumulating big time and retailers are selling to them cheap. Just hold for dividend.

Posted by entia > 2021-07-29 09:47 | Report Abuse

correct

Posted by Benny1123 > 2021-07-29 10:02 | Report Abuse

Biscuit company can limit up, what for want to worry about glove company... The price so cheap now..

Posted by Wukong > 2021-07-29 10:49 | Report Abuse

我只能说谢买手套的人会继续亏钱，如果不相信的话时间就是最好的证明，持有股息但亏股价，可怜。老板说2023年是不派股息。明年股息是少过今年。保重你们

Posted by Dannyfyl88 > 2021-07-29 11:20 |

Post removed.Why?

Posted by Benny1123 > 2021-07-29 11:21 | Report Abuse

Thank for yr information, but we have to live together with covid 19 variant forever, just keep in mind..

Posted by Start_0f_the_bull > 2021-07-29 11:27 | Report Abuse

Even if Wukong works in Comfort, can his words be trusted instead of the directors?
Much funnier is he can't even write in English.

Posted by IMwhatIM > 2021-07-29 13:37 | Report Abuse

British govt going to spend £6 billion worth of medical gloves next 2 years with the tender closing end of August. Sure a bulk of the supply will come from Malaysia and hopefully Comfort gets a portion of the cake. The big suppliers likely to be out of running due to suspicion of " forced labour" issue.

Posted by IMwhatIM > 2021-07-29 13:42 | Report Abuse

I very much doubt this piece of news makes any difference to the IBs and analysts. They may not see the relevance of this news until it is translated into dollars and cents 2 years later. Haha!

Posted by IMwhatIM > 2021-07-29 13:46 | Report Abuse

If you know what you are buying into, what and how the IBs and analysts write about this news should not count at all.

Posted by IMwhatIM > 2021-07-29 13:51 | Report Abuse

If this news is a lie, please ignore it and read something else.

Posted by BrusaCasino > 2021-07-29 15:25 | Report Abuse

Price dying

Posted by IMwhatIM > 2021-07-29 16:09 | Report Abuse

In a weak market like this only those who know the number and understand them are willing to collect the stocks at such low prices. Its a bargain that does not come everyday.

Posted by Start_0f_the_bull > 2021-07-29 16:49 | Report Abuse

It is almost touching 52 weeks low again.

Posted by Shines > 2021-07-29 18:04 | Report Abuse

Feeling unCOMFORTable

Posted by IMwhatIM > 2021-07-29 19:22 | Report Abuse

If I remember correctly Comfort shares move twice in the 1st 1/2 of this year. 1st round from RM1.87 to RM2.34 within a week. The 2nd round was from abt RM2.10 to RM3.04 within 2-3 weeks.

I believe, on average, it will move once every qtr. The next one shld be anytime now.

Don't lose hope. The price will come up again.
Just sit back and sip your coffee for the time being.

Posted by BrusaCasino > 2021-07-29 21:53 | Report Abuse

Hopefully we will see the light

Posted by IMwhatIM > 2021-07-29 22:59 | Report Abuse

It is normal for most well run companies to have their share prices bashed down from time to time and pushed up at other times. The reason is that the business operators also want to make money out of share trading apart from making money from the business operations where the profits are distributed as dividends.

Share trading tend to give them bigger gains compared to their profits from operations.

In share trading these traders including those managing the treasury shares would want to buy at low prices and sell at high prices

So, like today, when the market sentiments are weak, these traders are the likely buyers of the shares which have been thrown down by weak holders.

Once the traders have bought enough of the shares at low prices then they will want to sell the shares at higher prices when the market sentiments improved.

This will go on whole year round. They buy low and sell high. This makes the share prices volatile throughout the year and at some point we get to sell ours too at a profit.

Of course there are some who are not skilful enough and ended up buying at high prices and, later on , the share prices do not come up high enough for them to dispose at a profit. These unskilled investors may have to wait longer to get better prices.

For the many who did not buy at high prices, I don't see much problem in them disposing at a profit when the shares start to run again.

Posted by BrusaCasino > 2021-07-30 09:08 | Report Abuse

Money making companies price drop. Klse logic

Posted by IMwhatIM > 2021-07-30 09:33 | Report Abuse

I just bought some of the WB at 53.5 cents. Hopefully I can get free lunch and dinner for today and over the weekends. Stock market investment is just my hobby.

Posted by IMwhatIM > 2021-07-30 10:02 | Report Abuse

Can't believe it shot up to 56.5 cents within 20 mins. Free lunches if the price stays.

Posted by Dannyfyl88 > 2021-07-30 10:15 | Report Abuse

Congrats IM

Posted by IMwhatIM > 2021-07-30 10:21 | Report Abuse

Thanks, Danny. I strongly believe that switching some from mother share to WB even at this price, one can get their money back ( or make profit) much faster.

Posted by IMwhatIM > 2021-07-30 10:23 | Report Abuse

But one has to know what risk he is taking. One must be able to "feel the WB well" before making the decision. Its high risk but high return kind of thing to decide.

Posted by BrusaCasino > 2021-07-30 11:04 | Report Abuse

Will WB premium be around 50% when mother goes to 6?

Posted by shybutter > 2021-07-30 11:05 | Report Abuse

Will it hit 1.87 today?

Another gloves co are having downtrend.

Posted by IMwhatIM > 2021-07-30 11:13 | Report Abuse

Any idea when the 2nd qtr will be announced. I know it is anytime in Aug.

Posted by afif95 > 2021-07-30 11:14 | Report Abuse

The results is mid September

Posted by IMwhatIM > 2021-07-30 11:17 | Report Abuse

I believe this counter will move anytime before end of Aug. So it won't be long before most of us will be laughing all the way to the bank again.

Posted by afif95 > 2021-07-30 11:39 | Report Abuse

watching genetec jump after QR make me jealous.hahhaa. and it almost the same market cap as Comfort

Posted by Start_0f_the_bull > 2021-07-30 11:46 | Report Abuse

Maybe its earning per share wrongly read as RM1.63 instead of 16.28c. Ha ha

Posted by IMwhatIM > 2021-07-30 11:52 | Report Abuse

From my years of investing in warrants, I believe a premium of 10% to 15% is not unreasonable.

Many believe the fair value of Comfort mother share is around RM3.25. On that basis the WB shld be about RM1.30, an upside of abt 140%, whereas the mother share has 75% upside. This is based on current prices.

Please be reminded that valuation of shares and warrants is very subjective. And there is no one method of valuation.

Posted by Dannyfyl88 > 2021-07-30 11:57 | Report Abuse

Ya afif... me too... so jealous. I could have bought it at 6.8... but chicken out. I would have recover all my loses if I had jumped. I think gloves is slow and dead for a while... until there is another big news. I will just hold as I think it is already near Intrinsic value and hard to go lower. The risk on all gloves are very low compared to Tech. Make 8m is same cap as this counter which is more than 15X the earnings... WTF.

Posted by afif95 > 2021-07-30 14:47 | Report Abuse

Start_of_the_bull hahahahah i guess so. Dannyfyl88 if you see all good stocks all being thrown away example like LCtitan and Tenaga. Really is something wrong right now.

Posted by IMwhatIM > 2021-07-30 14:50 | Report Abuse

Comfort's PE multiple of less than 3 is unrealistically low. You will never find another sector with such low PE Multiple. To me it is an opportunity to make big money on the shares of a good company. On a relative basis Comfort is the best in the glove sector.

Posted by afif95 > 2021-07-30 14:57 | Report Abuse

IMwhatIM i am speechless to say anything right now.If you are investor, you will go to the Anual GM last month. Even the boss also speechless about the share price and they said demand is still high due to new customer and only soften of ASP on their gloves not drop. Not only in their Nitrile Gloves but also on Latex and Specialty glove on demand.

Posted by IMwhatIM > 2021-07-30 15:11 | Report Abuse

Afif. The culprit was JPM. They spoiled the party by short-selling the glove counters. Many others followed them. Maybe the mgt lack the skills to " market " their shares or I shld say most of the operators of the 2nd tier glove counters lack that skills. I can only say they lack the ability to get the message to the investors.

Posted by IMwhatIM > 2021-07-30 15:13 | Report Abuse

At this level I don't see how the price can drop any further.