COMFORT GLOVES BERHAD

KLSE (MYR): COMFORT (2127)

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Last Price

0.42

Today's Change

+0.005 (1.20%)

Day's Change

0.41 - 0.42

Trading Volume

752,400


25 people like this.

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

Ryan83

1,835 posts

Posted by Ryan83 > 2021-09-20 11:12 | Report Abuse

The pandemic will be with us but ASP will drop back to pre pandemic price next year

Dannyfyl88

1,220 posts

Posted by Dannyfyl88 > 2021-09-20 11:30 | Report Abuse

it is a waiting time to buy... really oversold... ASP pre pandemic price is just a prediction. That depends on how much shortage gloves will have next year. I think it will have a certain demand due to the long term Covid effect.

Ryan83

1,835 posts

Posted by Ryan83 > 2021-09-20 11:35 | Report Abuse

Gloves shortage already fully covered by rapid expansion of China glove companies

Dannyfyl88

1,220 posts

Posted by Dannyfyl88 > 2021-09-20 11:48 | Report Abuse

There is still a shortage this year and next. China still needs to get the natural resources for Gloves from SEA. It is not like Chips. ASP will go down but will stabilize next year with price-fixing at a certain price where all businesses will know what to sell to make money. Also, all gloves companies will certainly make more money than Pre-Pan. Gloves are oversold.

investorbat

1,448 posts

Posted by investorbat > 2021-09-20 11:51 | Report Abuse

Glove oversupply almost certain ,earliest year end 2022,asp will drop to below usd$30.Cold Eye said beware.

themeg

319 posts

Posted by themeg > 2021-09-20 12:28 | Report Abuse

Anyone here knows when Comfort will be releasing their latest quarter result?

AlexT12

351 posts

Posted by AlexT12 > 2021-09-20 13:21 | Report Abuse

drop like no future. feels like another market crash since last covid crash. not good for overall indices

Ryan83

1,835 posts

Posted by Ryan83 > 2021-09-20 15:25 | Report Abuse

Comfort going to test 1.30 support soon

IMwhatIM

567 posts

Posted by IMwhatIM > 2021-09-20 15:43 | Report Abuse

I strongly believe people who are in the know of the operations in Comfort are happily buying up WB because warrants tend to rebound faster than the mother shares.

I believe the latest quarterly result are not as bad as what many out there have assumed.

This is only my view and is not a recommendation to buy or to sell.

John1234

2,020 posts

Posted by John1234 > 2021-09-20 15:46 | Report Abuse

Be careful, guys!!! Dow futures is already down 400 points...no wonder we see sharp drops in many Bursa counters today..

So, glove counters are not specifically targetted at by operators today.

IMwhatIM

567 posts

Posted by IMwhatIM > 2021-09-20 15:52 | Report Abuse

The PE multiple of Comfort is unrealistically low. It shld not stay at this price for long. Only investors who don't understand what is meant by " over-sold" are selling today. I am pretty sure they will NEVER get back this price in the future.

Only the steel-hearted investors are brave enough to pick it up.

gemfinder

6,880 posts

Posted by gemfinder > 2021-09-20 17:04 | Report Abuse

change name to uncomfort. hahaha

Dannyfyl88

1,220 posts

Posted by Dannyfyl88 > 2021-09-20 18:05 | Report Abuse

Ya... bloody uncomfortable. 2nd worse today... Shorted heavily it seems

5c0160

1,763 posts

Posted by 5c0160 > 2021-09-20 18:50 | Report Abuse

1.10 soon

John1234

2,020 posts

Posted by John1234 > 2021-09-20 18:59 | Report Abuse

Someone has been going around almost all glove threads to "ridicule" the glove counters!!!

Why??? "爱之深,责之切"!!! I think he must have had so much intense love for glove counters until he has grown over-possessed with his ridicules!!!

Perhaps, he could change his name to "Glovesfinder", hahaha!!!
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His various postings:

Stock: [SUPERMX]: SUPERMAX CORP BHD

Sep 20, 2021 5:08 PM | Report Abuse

change name to supermin. hahaha


Stock: [KOSSAN]: KOSSAN RUBBER INDUSTRIES BHD

Sep 20, 2021 5:07 PM | Report Abuse

change name to kossong rubber. hahaaha


Stock: [RUBEREX]: RUBBEREX CORP (M) BHD

Sep 20, 2021 5:06 PM | Report Abuse

change name to rubishrex. hahaaha


Stock: [TOPGLOV]: TOP GLOVE CORP BHD

Sep 20, 2021 5:06 PM | Report Abuse

change name to bottomglove. hahaha


Stock: [HARTA]: HARTALEGA HOLDINGS BHD

Sep 20, 2021 5:05 PM | Report Abuse

change name to hartataklega. hahaha


Stock: [COMFORT]: COMFORT GLOVES BHD

Sep 20, 2021 5:04 PM | Report Abuse

change name to uncomfort. hahaha


Stock: [CAREPLS]: CAREPLUS GROUP BHD

Sep 20, 2021 5:04 PM | Report Abuse

change name to careminus. hahaha
20/09/2021 6:58 PM

Sneakpeek

2,200 posts

Posted by Sneakpeek > 2021-09-20 22:02 | Report Abuse

If u die die want to buy at least wait until comfort QR release end of this month la..see what happen to TG and smax

gemfinder

6,880 posts

Posted by gemfinder > 2021-09-20 22:05 | Report Abuse

change name to supermin. hahaha


Stock: [KOSSAN]: KOSSAN RUBBER INDUSTRIES BHD

Sep 20, 2021 5:07 PM | Report Abuse

change name to kossong rubber. hahaaha


Stock: [RUBEREX]: RUBBEREX CORP (M) BHD

Sep 20, 2021 5:06 PM | Report Abuse

change name to rubishrex. hahaaha


Stock: [TOPGLOV]: TOP GLOVE CORP BHD

Sep 20, 2021 5:06 PM | Report Abuse

change name to bottomglove. hahaha


Stock: [HARTA]: HARTALEGA HOLDINGS BHD

Sep 20, 2021 5:05 PM | Report Abuse

change name to hartataklega. hahaha


Stock: [COMFORT]: COMFORT GLOVES BHD

Sep 20, 2021 5:04 PM | Report Abuse

change name to uncomfort. hahaha


Stock: [CAREPLS]: CAREPLUS GROUP BHD

Sep 20, 2021 5:04 PM | Report Abuse

change name to careminus. hahaha

Posted by Mr.Sm Invest123 > 2021-09-21 00:34 | Report Abuse

Please get FB Live sifu advice again hahahahaha

selesa2020

269 posts

Posted by selesa2020 > 2021-09-21 06:17 | Report Abuse

US stocks tumble amid fears of market correction - https://www.bbc.co.uk/news/business-58632681

Dannyfyl88

1,220 posts

Posted by Dannyfyl88 > 2021-09-21 08:46 | Report Abuse

Ya, it is part of investing... it goes up and down. Gloves got it bad this year... but not going to be bad forever as they are still making money and much more than before. Anyway, just a matter of holding power. CL if cannot tahan... buy if got extra. it is at bargain price now

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-09-21 09:00 | Report Abuse

Lower again...

Ryan83

1,835 posts

Posted by Ryan83 > 2021-09-21 09:11 | Report Abuse

Next support 1.30 more heavy selling by investors

Zrenxy

618 posts

Posted by Zrenxy > 2021-09-21 09:21 | Report Abuse

Comfort out quarter this week

jolow

652 posts

Posted by jolow > 2021-09-21 09:22 | Report Abuse

glove industry in trouble. raw material price up but product selling price low. Cut throat industry

Ryan83

1,835 posts

Posted by Ryan83 > 2021-09-21 10:12 | Report Abuse

Comfort breaks 1.30 under heavy selling

yumchar

55 posts

Posted by yumchar > 2021-09-21 10:50 | Report Abuse

Time to take a bet again. Profits till end of the year still looks juicy.

Dannyfyl88

1,220 posts

Posted by Dannyfyl88 > 2021-09-21 10:52 | Report Abuse

Now lower price than Adventa... WTF

IMwhatIM

567 posts

Posted by IMwhatIM > 2021-09-21 11:05 | Report Abuse

It looks like WB is recovering much faster than the mother share.

yumchar

55 posts

Posted by yumchar > 2021-09-21 11:15 | Report Abuse

If the EPS for this Quarter drops 25% followed by 20% drop for each of the next 2 quarters and the price maintain around RM 1.30, the projected P/E will still be around 2 and should be a good bet.

Dannyfyl88

1,220 posts

Posted by Dannyfyl88 > 2021-09-21 11:41 | Report Abuse

P/E of 2 is just ridiculous for a money making company... But that is how Bursabet is. Bet on the wrong horse... Pay...even if it makes hundreds of millions.

canbuyla

545 posts

Posted by canbuyla > 2021-09-21 13:02 | Report Abuse

will buys some to keep at this price .....better to buy smaller and profitable reputable glove outfit ..

Dannyfyl88

1,220 posts

Posted by Dannyfyl88 > 2021-09-21 13:29 | Report Abuse

Ya, if got extra... buy and keep

CharlesT

14,954 posts

Posted by CharlesT > 2021-09-21 13:43 | Report Abuse

Q result is out.drops ard 30% fm previous Q

Stockhunter88

2,031 posts

Posted by Stockhunter88 > 2021-09-21 14:07 | Report Abuse

Market will interpret this as 148m qr loss

Posted by EatCoconutCanWin > 2021-09-21 14:20 | Report Abuse

Wth... Same like TG. Asp dropped kaw kaw

FactCheck

48 posts

Posted by FactCheck > 2021-09-21 14:32 | Report Abuse

Even if we project -30% for the next 4 quarters (down each quarter) ... the EPS will be 40sen. PE 5 still a RM 2 stock. Actually - a very good result.

imvu

7,888 posts

Posted by imvu > 2021-09-21 14:52 | Report Abuse

kenapa kaunter ni je yang naik ..

cheated

1,000 posts

Posted by cheated > 2021-09-21 14:56 | Report Abuse

TG QR not affecting other gloves QR who behind shorting?

cheated

1,000 posts

Posted by cheated > 2021-09-21 14:57 | Report Abuse

Lau Eng Guang disposed why?

IMwhatIM

567 posts

Posted by IMwhatIM > 2021-09-21 15:02 | Report Abuse

Mother and WB are moving up fast. I believe people who are in the know are buying up now. It looks like the qtr results are likely to be better than expected. That explains why the mother and WB are moving so fast now.

Posted by apapuntaktahu > 2021-09-21 15:02 | Report Abuse

Less than June QR but still better than Mar QR

Ryan83

1,835 posts

Posted by Ryan83 > 2021-09-21 15:04 | Report Abuse

Next QR profit drops another 30%

yumchar

55 posts

Posted by yumchar > 2021-09-21 15:12 | Report Abuse

NTA rose from 1.32 to 1.54. As reported in May, company is optimistic of the future and production will increase by 270% by end 2022.

Invest_888

1,067 posts

Posted by Invest_888 > 2021-09-21 15:15 | Report Abuse

Latest quarterly EPS is 25.64cent. Better than market expectation.

Benny1123

117 posts

Posted by Benny1123 > 2021-09-21 15:29 | Report Abuse

Good quarter result is not important now, haha people like to Prees down the price... Until RM 1.00..soon.

arv18

2,662 posts

Posted by arv18 > 2021-09-21 16:01 | Report Abuse

Sure, why not. Also why pay 2 sen dividends? Since so stingy, might as well pay a bumper windfall tax to government.

:)

Full support Malaysian govenment to take their money. Please!

____________________________________________________
Benny1123 Good quarter result is not important now, haha people like to Prees down the price... Until RM 1.00..soon.

Veda

227 posts

Posted by Veda > 2021-09-21 16:21 | Report Abuse

NTA 1.54, if next quarter can earn 10-16cents will be NTA 1.64-1.70. Cash on hand 377mil. Current market cap <800mil. Very expensive to buy in at this price 1.36?

Posted by Start_0f_the_bull > 2021-09-21 16:22 | Report Abuse

The only glove counter share price below its NTA now. LOL

Posted by NatsukoMishima > 2021-09-21 16:35 | Report Abuse

帮助民众买蓝筹股 纳吉建议政府刺激股市

(吉隆坡21日讯)前首相拿督斯里纳吉建议,政府应该出台计划,鼓励民众购买股票,以刺激大马低迷的股市。

他说,马来西亚今年的股市是全球第二低的股市,股市虽然在上个月政府更迭后有小幅上涨,但大马交易所今年仍是全球第6低。

他说,相信与其他国家相比,马来西亚股市被低估了,因为经济开始重新开放,而且原产品价格和制成品的出口仍然强劲。

“这也意味著,我们有机会让所有马来西亚人,共同参与我们的经济复苏。”
他说,此时股价处于低位,这意味著有许多公司支付的股息高于银行的实际服务费用。

他指出,目前3年期定期存款的年利率仅为 1.9%,而许多蓝筹股票,如国能 (4.1%)、马来亚银行 (5.6%) 和顶级手套 (5.7%),预计将支付更高的股息 。


Just read what are the stocks that Ah Jib Gor mentioned to help rakyat ! Glove stocks havent die yet , it will skyrocket again soon , the next PM after GE 16 might be Ah Jib Gor n first thing he will restart HSR project with Spore , 2nd he will push malaysia glove stocks , he is like Donald Trump familiar with stock market game !

Ryan83

1,835 posts

Posted by Ryan83 > 2021-09-21 17:35 | Report Abuse

EPS 25 sen but so little dividend 2 sen very disappointing for Comfort investors and expecting next QR EPS drops 30%+ to 15sen as ASP normalize early next year

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