The IBs are not the smartest people in town. Their brains are parked below the waist. Retail investors shld have minds of their own if they have the ambition of doing better than the IBs. I am never impressed with the way they decide on stock market investments. I dare claim that the returns on their portfolio investments never come close to mine all these years.
If you wish to do well, you must dare to be different.
If only I got more bullets???... all in now. The gloves price is getting too ridiculously cheap to ignore. Come on... 10X earnings and now pre-covid price. 10% increase in Tech...10X stock price. Something is not right. Totally manipulated and totally/unjustly criticized and really really oversold.
Most fund managers are not allowed to invest in warrants and for that simple reason WB price is not likely to be manipulated and " forced" down by unscrupulous parties.
Thus WB, like other warrants issued by the companies, are " freely" traded.
Why worry? 悟空 has given you guys his TA reading of the counter. If wrong, his "reputation" is at stake. ---------------------------------------------------------------------------------- Wukong 图上价格的技术反弹很快即将来临。
Yes, US mkt is still the best market to be in. But US mkt is near record high. So, risks of an imminent correction are also high. Bursa market is really a letdown.
Record high inflation in US, the US market are dangerous, anytime could be a significant correction. To counter the inflation, the US might increase the interest rate earlier than expected.
You don't need to buy a whole basket of Bursa stocks to make some money to pay for your lunches and dinners. Pick a few which you are very comfortable with and closely monitor them like your " 1st, 2nd and 3rd wives" and, end of the day, you will be pleased with the results.
I still believe we will see better days on Comfort mother share price. Its just another waiting game.
What we now see in Comfort does not make alot of sense to many and but it there are a few who view it differently.
just be patience. at least comfort have 582 million shares float only. They didnt do bonus issue. It would be easier to go up if the company is doing well for the next few quarters
if in bursa so easy and straight forward as 1+1=2 then everyone will be millionaire at the very least if not billionaire.
Believe no one and do own research to make money out from it. This is a war zone filled with anaconda, tiger and crocodile, not put money take money simple abc job.
If I were you, don't sell at least until it is RM2.30 -RM2.50. The reasoning is simple: if they do not push it to at least RM2.30, the holders of free WB will not convert them to mother share. If nobody converts their WB to mother share, Comfort will not be able to raise abt RM400 million ( assuming all the free warrants are converted). Are they going to forgo this sum???? Hello! Bro. Of course not.
for a 2nd thought wanna go to technology field (hotter) such as inari, mi etc... but when seeing the profit and price, i stay in comfort... can't say glove market for long term as china also start to make glove factory, but short term the pe is like no brainer if no buy... unless the account is fake else comfort is great
glove aint long term , its just short term during this pandemic . Profit was already forecasted in 2019 , smart money in 2020 . made the money and switch to recoveries. funds like unit trust needs to SHOW yearly profits ya know. You can see previous years like Hengyuan VS Liihen ... 1 year period then bye
What do u mean glove aint long term?? Glove is definitely a long term play. Pandemic is just a bonus to help new glove companies to kickstart their business.
As far as i know, there isnt a substitute for nitrile gloves or latex gloves, hence glove demand would naturally uptrend due to better healthcare facilities from emerging countries. Is just a matter of when.
share price dropping is not a bad thing for good FA company supporters because it s a good chance to top up more for future growth , i hope it can drop 70 % to top up more , i will be more happy , share price will rebound eventually following FA but just a timely matter ,so no need to worry ! Pls buy at 5 years lowest point to play safe also !
Even with the EMCO, the prices of Comfort mother and WB are not dropping, when they should. Simple reason: long queue of buyers ( of over a million units) has been there both yesterday and this morning.
My view is that the people who are buying are those who are in the know that the qtr results coming out soon will be good and the prices are likely to go up with that set of results.
The shorties are not at work simply because they know that they will be burnt if they come into the show now.
The other thing you notice is there are also buyers for million over units.
I tend to believe that the buyers and sellers are the same people. They are out there to trap the weak holders.
This is only my view. Nothing is certain. I believe the reasoning is logical and it is worth taking this calculated risk.
What we are likely to see next couple of weeks is as clear as the mirror on the wall.
This is IMWhatIM sharing his views and not a recommendation to buy or to sell this counter.
Comfort is more flexible to the glove market demands as reported:
The Group has better competitive advantage as we differentiate ourselves by producing natural and synthetic premium specialty gloves. Our machine lines are designed in such a way that it can produce both latex and nitrile gloves, regardless of specialty or medical gloves. The interchangeability of the line enables us to switch production base upon demand dynamics especially there is shortage in supply of natural or synthetic latex. Hence, even without Covid-19, the flexibility of our manufacturing process and customer base outside the medical market has allowed us to effectively expand our market base for specialised industrial use
I had highlighted the mismatch earlier, hopefully this has helped to save some newbies from chasing high! During my time as a newbie, I was not lucky to get this type of timely warning! Instead, I was encouraged to chase high!
New warrant was listed on 6/7 at 30.5 sen. Yesterday(23/7), it closed at 71 sen. This represents a whopping 133% increase. But if we look at the mother share. It just rose from RM 1.94(closing price) on 6/7 to RM 2.09(closing price) on 23/7, a mere increase of 7.7%.
What a clear mismatch! I can see big, fat frogs jumping on the street for people to catch. But beware, catch at your own risks.
Ahahah - Better stay away from this speculative warrant game. If you really see value in Comfort, you should invest in the mother share instead!
Thanks to cookielookz for sharing the article which appeared in the Star.
The article seems to confirm our strong belief that Comfort has strongly been misunderstood which has resulted in a significant undervaluation of its share price.
Hopefully more investors, both institutional as well as retail investors read this article and look at Comfort in a different light.
As it is, the share price of Comfort at RM1.81 is ridiculously low with PE multiple of only 2.
With infection rates coming up again in US and China and record cases in Thailand, Comfort will be one of the beneficiaries. Tomorrow can be a good day for Comfort Share price.
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....
Invest_888
1,067 posts
Posted by Invest_888 > 2021-08-04 09:39 | Report Abuse
Glove stocks are back.