Sold off , heart turn relax , this only life i prefer so far , having really a torture , sometime , share market make me not a human , like a GAMBLE LEG , poor ending .
Bye Khatu... If this stresses you out, better don't play with stocks and invest in FD. This is very High risk and watching it daily will NOT help. This counter and All Glove counters will take at least 2 years to recover... if any. It is technically stuck as there is SO many negative elements around gloves even if the P/E is ridiculously low and the companies are cash-rich and profitable. All IBs are simply NOT buying and shorting whenever they could.
The world is going back to normal soon , all will open boarder follow western countries since 3 doses vaccine prevent severe symtoms , if u still dreaming in glove 2020 glorious day u might lose further 50% capital if glove company starts seeing net loss or only get double digit million qr net profit !
Comfort PBT is negative, no more a good profitable company. The only good thing is its NAV per share is RM1.62. No more a prefer company for valued investor, esp glove stock trend become worse and worse.
PBT is negative but it is due to one-off provision to reimburse the the recruitment fee.. excluding this, they are still in profit... i see it as a wise decision effort to prevent themselves banned by US like other glove counter. Just my neutral view on comfort, i didn't hold any comfort share ...
i see value here although bad result. With NTA at RM1.62 and net cash of about RM0.50, current price of RM0.805 is really a steal. Bought some at RM0.805 see see.
The situation in Ukraine affected US stocks, but also Malaysian stocks. A lot of stock prices fell, which is normal. Will bounce back soon. Now that the epidemic is serious and the hospitalization rate is very high, keep the glove stock.
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....
khatulistiwa1234
46,261 posts
Posted by khatulistiwa1234 > 2022-02-09 14:29 | Report Abuse
Sold off , heart turn relax , this only life i prefer so far , having really a torture , sometime , share market make me not a human , like a GAMBLE LEG , poor ending .