I feel that the selling of Comfort mother shares and WB is over done. But it looks like the selling is tapering off.

A couple of research houses have valued Comfort at around RM3.20. And I still believe it shld easily come back to RM3.00.

With improved sentiments it shld not have any problem going back to at least RM2.50. In any case the mother share should find its way back to at least RM2.50 so that WB holders will convert them to the mother shares. I believe the Company will do whatever it can to move the price to that level so that it can raise abt RM400 million from the conversion exercise.

Don't you honestly think the company will give its best shot to raise the RM400 million by ensuring the mother share price goes to at least RM2.50?

I was told companies were given an extra month to submit the qtr results. Otherwise it shld have been 3rd week of Aug.

I am in no hurry to cash out on WB. I strongly believe the mother share can easily go to RM3.30 and in which case WB will hit RM1.00 by then.

This is only my reading. Many may not agree with me. It doesn't matter. Haha!

Most of the sellers of both the mother share and WB are basically those who are affected by the
poor sentiments surrounding the Company and rhe glove sector.

On the other hand the people buying them now are the people who understand the fundamentals of the company and the sector it is in.

It is difficult to call a sell on Comfort due to its increasing quarterly profits, cash-rich position and being in an attractive sector.

Its current PE multiple of abt 2 is unrealistically low. I doubt we will come across another company like Comfort at this low PE, maybe, for the next 20 years. This is a chance of a lifetime to make easy money and perhaps your first million with the WB.

Just a rough estimate: a PE of 4 for Comfort is still very low which will push the mother share to RM3.50. With the mother share at this price, my estimate is that the WB can easily hit RM1.30 to RM1.50.

It is difficult to understand why there shld be panic selling last Friday. I believe only those who invest on the basis of sentiments could have made that tragic mistake of cutting losses. The buyers on that day are mostly fundamentalists.

If you are a fundamentalists like Danny, you would not have made that mistake. If you had picked up some on Friday I am sure you will feel very comfortable after reading this note.

Of course you shld just ignore this note if you think it is a piece of rubbish. I don't feel offended. This is nothing more than just my opinion.

BrusaCasino has wrongly read me. Its OK. Let it be.

WB has a lifespan of 5 years and it is still a long way to go before it expires. The major shareholders are just like other shareholders and it is normal for them to buy and sell shares and warrants in the company.

I doubt the major shareholders only sell the WB from the free issue. Just like other shareholders or WB holders, they will buy when the prices drop to attractive levels and they will sell when the prices go up or they push up the price to sell.


I view Comfort to be a " cornered " stock and, as such, the share or warrant prices don't move much unless the major shareholders push them.

As minority shareholders, we only have to wait for the prices to move before we act on it. Its a waiting game for the small players.

To make money by riding on the major shareholders, the smaller shareholders can only make money by buying at the right time and selling at the right time. These are the only skills that need to be sharpened if you want to successfully ride on the major shareholders.

At current prices there are hardly any weak sellers for both the mother share and WB. I believe most of them who need to sell have sold out.

I believe we have seen the bottom and there is no other direction except to go up. I feel it will be very soon.

This is not a recommendation to buy or sell. I am just sharing my views.

Don't worry about cold tea. When it is time to drink someone will warm it up. Just have to wait for a while.

Vol done on mother and WB at 2.3 mil and 4.2 mil respectively for first 11/2 hr is quite impressive. It does not look like another false start.

Can laugh all the way to the bank soon, guys!!

There are big buyers of WB at this level. They control the prices they wish to pay and the weak holders have no choice but to sell to them at these prices.

They have been controlling the prices tightly for the last 3 weeks. Once they are done with the buying they will then push it up to sell.

This is how they operate...... buy low and sell high. So, if you have the holding power, there is nothing much to worry about. Let them do whatever they want and there is one thing for sure which gives comfort to all........ and that is they have to push the price up to sell on a later date.

Have an exciting day in the market!!

Bursa has gone up quite a bit yesterday and today. I believe the 2nd and 3rd liners will follow suit. I am feeling optimistic that the glove counters especially Comfort will move up too in the next few days.

The politicians are in reconciliatory mood which is good for the market.

Glad to see that prices of glove counters especially Comfort are not falling off the cliff this morning. It shouldn't be as it is already " dirt cheap".

It's time for the price to come back as we are beginning to see better days.

Just to let you know that when Comfort WB was listed on 2nd day I whacked it at 39 cents. And also swapped a portion of the mother share for more WB.

It's good to have both. This is some sort of diversification. But when the mother share moves the WB will also move. If the mother goes up, the WB will go up in higher percentage. But if the mother goes down the the WB will come off in bigger percentage.

My view is that the mother to already at " dirt cheap" prices and it is much more likely to go up than to come down.

These are my views and what I have done. Different people see it differently. This is not a recommendation to buy or to sell.

Comfort Gloves is fundamentally sound company with low PE multiple of only 2X. I just checked a couple of tech stocks and their PE multiple is easily 50X.

It does not make sense for such a profitable company like Comfort Gloves to have that low PE multiple.

It is just a matter of time before investors rush to pick up glove counters again when they start to realise that what they now see is really " lelong price".

This is probably an opportunity of a lifetime to make big money in an easy way.

If you are stuck with Comfort Gloves at slightly higher prices compared to the current price, I don't see much problem in getting your money back soon.

Sometimes I like to write a bit just to entertain the people around me.

Waiting for the share price to go up by 100-200 % before you act on it is like waiting for the sun, moon and stars to appear at the same time. Yes, it is remotely possible.

I would still prefer to make some 25% when the price goes up, pay the bank 5% interest and keep the balance of 20% for myself. This will keep the bankers coming back and knocking at my door. Both the bankers and I will be equally happy.

I am sure the bankers will be extremely happy if this is done a few rounds in a year.

Starting to move now..... both mother and WB.

It is so obvious that the major shareholders are buying from the weak holders. They are not pushing it down to buy simply because soon they have to push it up to sell. If they push it down too much now then it will cost them more to push the price up to sell later.

It will not be long before they start to push it up to sell.

This is only my observation and my personal view. Nothing insider about it.

Hopefully some smarter foreign funds and some local analysts get their senses back and look at glove stocks especially Comfort from a positive angle and Comfort mother share price shld go back to RM4 to RM4.50. With the mother at that level those with WB would be making tonnes of money.

Foreign funds were net buyers last week. Hopefully they continue buying up incl Comfort mother and WB this week.

All the best, guys.

Unity govt likely to be formed and this will give confidence to investors.

Not surprised that the shorties are not at work today.

Bursa only has one direction to move ........ upwards.

The non-performing people are now out of the way. Alot of uncertainties have been removed and investors are more likely to put their money back into the market.

We can now look forward to better days.

The shorties would be helping the brave to make quick money if they really short the stock next few days. The PE is already so low and I am very sure the major shareholders are more than happy to buy if the price goes much lower.

I very much doubt the shorties will be at work at this level and with the expected good quarterly results coming out by 3rd week of this month, the shorties are likely to get burnt if they sell down next few days.

The shorties did not seem to be around last few weeks when the price was hovering around RM1.83 level.

I tend to believe the buyers were the major shareholders collecting it off from the weak holders.

I am sure some brave guys are ready to buy if the shorties come in tomorrow.

The market will be very exciting next week. The change in the govt is imminent. The market will definitely react to this change. The market will either run up significantly or crash badly. Its an exciting time to hopefully make some big money next week.

It's going to be a head-cracking weekend for many and hope things will turn out well for most of us in this room.

To trade well in the shares of a particular counter one needs to know the company very well. It must be close to your heart like a " 2nd wife". Must understand the fundamrntals of the company, the trend of the price movements and be able to " feel" and understand the prospects of the company and the sector the company is in as a whole.

As an individual investor and with so many things to look at, focusing on just a few companies makes more sense than the Efficient Portfolio Theory of 17 stocks which never make sense to me from day one.

This is only my personal view and I don't expect many to agree with me. Different people have different approaches in share market investment.

But whichever approach one adopts, nothing beats the habit of reading the latest news on the happenings in the companies you are investing in.

Have to cash out some first in any price run-up whether it is a day or a few days or a week. Sell upwards.

Warrants always move faster in percentage terms and that explains why WB is actively traded at 12 mil units now compared to 2 mil traded on the mother share.

For a bullish counter, the investors are generally attracted to the fast return on its warrant.

So it is on the way up. Haha!

The WB has a 5-yr life. It is normal for syndicate to buy and sell the warrants during that 5 years. It is extremely unlikely for them to sell all their warrants during the recent run-up to abt 73 cents and walk away and not coming back.

The syndicates are also traders and it is normal for them to sell high and buy back when rhe prices come off. That is their bread and butter.

I would not take that pessimistic view or else Comfort is working towards closing its factory. Definitely the operators are bullish with their business and having to manage the business and investors relations is part and parcel of their daily work. I believe the operators know what they are doing or else they would not be cash-rich and embark on expansion plans.

Looks like this is the turning point for Comfort and WB appears to move faster than the mother share.

Have an exciting day!

Looking at the way the WB have been traded last 2-3 weeks, it is quite obvious that someone is collecting them big time. Having bought quite a large quantity they are expected to be sold at higher price to realise their profit. It is unlikely that they are just being kept in the safe.

The quarterly results are expected to be good and this will help them to sell at higher prices.

The signs for the mother share are not so clear because the volume traded was not very high but then the prospective PE multiple is expected to drop further which will make the mother share look very cheap and very attractive for investors to pick it up. So the price of the mother share is expected to move up too over the next 2 weeks.

The ASP will taper off but I strongly believe the total profit from the operations will still continue to go up. Simple reason: the increase in profit from bigger business volume more than offset the decline in the ASP

No factory owners with the right mind would want to expand their production capacity if they end up having shrinking profits.

Increase in total profits is what that matters most and not the declining ASP, unless the ASP is expected to drastically drop to below its marginal cost which is very unlikely.

Danny, we are on the same page.
It shld start to move up again anytime now.

It looks like there are not many weak holders for them to trap. It should be making its way up again.

If you have to wait for IBs to write proper reports on stocks and help you make big money, you can wait until the cow comes home.

From my years of experience those who do their own research make bigger and faster money than those who rely on recommendations from broking houses or IBs.

Ask around and you will agree with me. I have never taken any share tips from IBs and broking houses since I started trading in 1989. And I don't miss anything.

"Buy when everyone is fearful" per Warren Buffett. He is right with this quote.

This is an opportunity of a "lifetime" to make BIG bucks from a counter in Bursa.

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.

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.

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.

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.

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.

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!!

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.

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.

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.

Comfort has turned around and moving up again. Haha!

Kossan PE multiple 3
Hartalega. 5
Careplus. 4
Comfort. 2

I am sure with the expected good quarterly results from Comfort coming out anytime now, it's PE multiple is almost certain to drop to a ridiculously low level of maybe 1.5x. It's so unreal!

An undemanding PE multiple of 4 will easily see Comfort share price shooting to RM4.00 from the current price of RM1.81.

If this is not exciting enough, I am not sure what is then!

Those with clear thinking heads will see this as a GOLDEN OPPORTUNITY to make BIG and Fast money. Are you one of them?

Comfort share price shld move up quite significantly this month with the coming up of its quarterly results. Its price is not likely to dip much further.

More often than not stock market investing is a waiting game. Only when the dead wakes up from the grave then things will move. But if there is proper portfolio diversification those who are still alive in the market will not feel so sleepy.

Comfort mother share and WB over-night prices seemed to be well supported this morning.
Good luck guys.

Next month here meant month of August.

With new variants popping up and increasing infection rates in so many countries, I just wonder how the demand for gloves could possibly go down the next 1-2 years. The next qtr result from Comfort shld be out by the 2nd half of next month. Looks like it will be another record-breaking results. If you are already in it, you gonna win it soon!