COMFORT GLOVES BERHAD

KLSE (MYR): COMFORT (2127)

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Last Price

0.415

Today's Change

-0.005 (1.19%)

Day's Change

0.415 - 0.425

Trading Volume

163,400


25 people like this.

38,781 comment(s). Last comment by Dannyfyl88 1 week ago

Invest_888

1,067 posts

Posted by Invest_888 > 2021-08-04 09:39 | Report Abuse

Glove stocks are back.

Invest_888

1,067 posts

Posted by Invest_888 > 2021-08-04 09:41 | Report Abuse

Director buy back Comfort stock.

IMwhatIM

567 posts

Posted by IMwhatIM > 2021-08-04 09:46 | Report Abuse

Comfort has turned around and moving up again. Haha!

IMwhatIM

567 posts

Posted by IMwhatIM > 2021-08-04 09:57 | Report Abuse

We have seen the bottom of Comfort share price. We are starting to see better and brighter days from now on. We have reason to be cheerful.

thlim123

848 posts

Posted by thlim123 > 2021-08-04 10:55 | Report Abuse

1.8 range supporting quite well.

Dannyfyl88

1,220 posts

Posted by Dannyfyl88 > 2021-08-04 11:10 |

Post removed.Why?

IMwhatIM

567 posts

Posted by IMwhatIM > 2021-08-04 11:28 | Report Abuse

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.

Dannyfyl88

1,220 posts

Posted by Dannyfyl88 > 2021-08-04 11:33 | Report Abuse

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.

Posted by AlsvinChangan > 2021-08-04 11:43 | Report Abuse

The top 50 shareholders lent their shares to IB to short

WHY top 50 shareholders no sing song, shares price cheap become more cheap everyday?

Demand and Supply at work

IMwhatIM

567 posts

Posted by IMwhatIM > 2021-08-04 11:55 | Report Abuse

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.

Posted by BrusaCasino > 2021-08-04 12:31 | Report Abuse

Believe it or not, everything can be manipulated if they wanted to. Just simply use proxy and boom, anything is possible

stevenckheng

1,351 posts

Posted by stevenckheng > 2021-08-04 20:22 | Report Abuse

wow comfort emco ?

John1234

2,020 posts

Posted by John1234 > 2021-08-05 08:09 | Report Abuse

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。

IMwhatIM

567 posts

Posted by IMwhatIM > 2021-08-05 10:02 | Report Abuse

Comfort is starting to move. The momentum shld stay until the quarterly results are announced later this month. Take your time to sell at a profit!!

Dannyfyl88

1,220 posts

Posted by Dannyfyl88 > 2021-08-05 10:20 |

Post removed.Why?

John1234

2,020 posts

Posted by John1234 > 2021-08-05 10:43 | Report Abuse

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.

Dannyfyl88

1,220 posts

Posted by Dannyfyl88 > 2021-08-05 10:43 |

Post removed.Why?

Invest_888

1,067 posts

Posted by Invest_888 > 2021-08-05 10:46 | Report Abuse

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.

At least Comfort price is gradually going up now.

IMwhatIM

567 posts

Posted by IMwhatIM > 2021-08-05 10:49 | Report Abuse

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.

Dannyfyl88

1,220 posts

Posted by Dannyfyl88 > 2021-08-05 11:12 |

Post removed.Why?

afif95

70 posts

Posted by afif95 > 2021-08-05 11:45 | Report Abuse

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

yoyo

499 posts

Posted by yoyo > 2021-08-05 11:50 | Report Abuse

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.

IMwhatIM

567 posts

Posted by IMwhatIM > 2021-08-05 11:55 | Report Abuse

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.

Posted by BrusaCasino > 2021-08-05 13:19 | Report Abuse

Not necessarily

Posted by BrusaCasino > 2021-08-05 13:19 | Report Abuse

If they think not successful then just use PP to raise money, simple

Posted by neutralist > 2021-08-05 18:50 | Report Abuse

hope tomorrow can drop a lot for me to buy. emco but have 1 month inventory to sell in the mean time. good risk management

sakurako

215 posts

Posted by sakurako > 2021-08-05 19:05 | Report Abuse

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

Posted by Airline Bobby > 2021-08-05 19:11 | Report Abuse

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

Posted by Lillkoo82 > 2021-08-05 19:57 | Report Abuse

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.

themeg

319 posts

Posted by themeg > 2021-08-05 19:58 | Report Abuse

Does anyone here know when Comfort will be releasing Jul'21 quarter results? Any prospect of dividend this quarter?

calvintaneng

56,682 posts

Posted by calvintaneng > 2021-08-05 21:00 | Report Abuse

Palm oil can operate under MCO 60%

Posted by NatsukoMishima > 2021-08-06 10:15 | Report Abuse

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 !

Posted by NatsukoMishima > 2021-08-06 10:24 | Report Abuse

The tech stocks supporters will be burnt kaw kaw after september because nothing to support their price compared with high divy from gloves stocks !

canbuyla

545 posts

Posted by canbuyla > 2021-08-06 10:51 | Report Abuse

emco. also can hold...good

Posted by BrusaCasino > 2021-08-06 11:34 | Report Abuse

Glove stocks already very numb

Dannyfyl88

1,220 posts

Posted by Dannyfyl88 > 2021-08-06 14:07 |

Post removed.Why?

IMwhatIM

567 posts

Posted by IMwhatIM > 2021-08-06 15:00 | Report Abuse

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.

Invest_888

1,067 posts

Posted by Invest_888 > 2021-08-06 15:36 | Report Abuse

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

Posted by BrusaCasino > 2021-08-06 15:58 | Report Abuse

Gone already lar

derricksyl

512 posts

Posted by derricksyl > 2021-08-06 18:45 | Report Abuse

Major shareholders disposed of a lot in the open market .....

5c0160

1,763 posts

Posted by 5c0160 > 2021-08-06 20:18 | Report Abuse

wait at 1.50

Posted by moremoneyy > 2021-08-06 20:25 | Report Abuse

calm down...dispose warrants only, nothing to be super alarm.. Share price still holding steadily at RM1.8

LianJang

17 posts

Posted by LianJang > 2021-08-06 20:28 | Report Abuse

Demand for glove will continue to be strong, at least until global reached the herd immunity, which wont be the near term

John1234

2,020 posts

Posted by John1234 > 2021-08-06 20:32 | Report Abuse

Wow, major shareholder Lau really disposed of a big chunk of his freely alloted warrants at good prices! But the smarter market operator managed to distribute them back to the punters/investors at even higher prices(highest, 74.5 sen).
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3181656

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!

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Jul 24, 2021 8:24 PM

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!

IMwhatIM

567 posts

Posted by IMwhatIM > 2021-08-07 17:09 | Report Abuse

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.

IMwhatIM

567 posts

Posted by IMwhatIM > 2021-08-08 21:31 | Report Abuse

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.

Posted by BrusaCasino > 2021-08-08 22:44 | Report Abuse

Down tomorrow

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