Stagnant it is... The sentiment will take time to improve. Also, if it improves, it will surge and I think this coming surge will be firm. Shorts will be hit hard...
It will go back up... have no logic. Every month making money and the company has little debt. Going forward, it will continue to make money and have better cash reserves.
FMCO & EMCO started from 1JUNE2021 to approximately middle/end of August2021. Working hours and manpower at least were reduced 40% during MCOs period. But, the revenue of Comfort was only less 7% in compare from the previous quarterly financial result, from RM541.1 million to RM504.2 million.
Latest quarterly financial result from 1May2021 to 31July2021 , EPS= 25.64 cent, NAV= RM1.54. Reserves/retain earning = RM745.8 million, Cash & cash equivalent = RM 377.9 million. Borrowing = RM77 million. Net cash = RM300 million. Due to plenty of cash pile and increasing glove demand, Comfort is aggressively expanding glove production to counter the reducing ASP.
Leak news , good news is ahead , recommend buy in , latest spy source say ..MAKING .... OPCOM direction , same group manipulated man , want to BIG BIG WAVE this counter .
Listen to me , off shore sensitive on its five years steady profitable margin , even trace very healthy cash flow , bad debt well keeping , how not to putting in premier privilege column huge investment list .... this all , without further notice , i personally itchy hand , bulk in quite a number .....FIGURE for MID TERM INVESTMENT ...
For me , is a wonderful shopping time , people leave , is time keeping ..i am a awesome collector .....ornaments value certain time on well keeping pieces ... my occasion is hold on it , awaiting the designer and the admire to chase .
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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....
Kingbeast
649 posts
Posted by Kingbeast > 2021-10-05 19:52 | Report Abuse
Guys, glove can still buy ah? But like so stagnant but good business. I also headache.