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2020-07-02 13:24 | Report Abuse
Like i said, that was what the directors said. Can you give me a reason why suppliers would want to buy gloves at higher prices?
What would happen if suppliers found out comfort is selling at lower prices?
This is free market bro. No one can guarantee if directors would want to raise prices in the near future.
2020-07-02 13:11 | Report Abuse
Hahaha, just sell comfort because directors are not going to increase much selling price. That is what the director said. Every 10% increment will double the net profit.
Just imagine Harta, Topglove and Supermax keep going higher. Do you think Comfort will stay at this price forever?
Every time when the whole sector is benefiting from macroeconomics effect. The whole sector rally doesn't even if the company able to make profit.
2020-05-27 23:43 | Report Abuse
1 Cheang Phoy Ken 101,631,550 18.09 4,333,000* 0.77 105,964,550 18.86
2 Lau Joo Yong 36,377,050 6.53 - - 36,677,050 6.53
3 Keen Setup Sdn Bhd 68,500,000 12.19 - - 68,500,000 12.19
4 Dato’ Lau Eng Guang 38,753,200 6.90 71,543,700# 12.73 110,296,900 19.63
5 Lau Joo Kien, Brian - - 68,500,000^ 12.19 68,500,000 12.19
6 Datin Goh Kim Kooi 22,225,000 3.95 71,543,700# 12.73 93,768,700 16.69
In total, 86.09% of shares are controlled by top 6 substantial shareholders. If neither of them are disposing shares, i don't think has enough liquidity or volume to drive the share price. Unless people believe the share price doesn't take time to rise.
Blog: Malaysia Banks vs. JPMORGAN
2020-12-14 10:35 | Report Abuse
Anyhow, data shows local fund is selling while foreign fund is buying.