COMFORT GLOVES BERHAD

KLSE (MYR): COMFORT (2127)

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Last Price

0.42

Today's Change

0.00 (0.00%)

Day's Change

0.42 - 0.42

Trading Volume

24,000


25 people like this.

38,780 comment(s). Last comment by koyokui 5 days ago

Ryan83

1,835 posts

Posted by Ryan83 > 2021-09-08 11:49 | Report Abuse

Coming QR profit this month maybe not so good and insiders start selling down?

Dannyfyl88

1,219 posts

Posted by Dannyfyl88 > 2021-09-08 12:40 | Report Abuse

Possibly... have to hold it long term now...

Dannyfyl88

1,219 posts

Posted by Dannyfyl88 > 2021-09-08 12:42 | Report Abuse

This falls together with Carepls, Rubberex... just brutal... Might be a buying opportunity if got bullets and don't mind the short term paperlost... Either way, it is just Terrible sentiment. Have to have strong heart or don't look at it for the next 6 months. FA still good.

Posted by NatsukoMishima > 2021-09-08 13:25 | Report Abuse

@imvu comfort-wb 0.385 , top up 0.300 ?

Dont rush to top up , let it drop kaw kaw to 0.01 then all in sailang 1 million units ! Live or dead by final round !

Invest_888

1,064 posts

Posted by Invest_888 > 2021-09-08 13:40 | Report Abuse

Waits for Comfort quarterly financial result out. If can maintain the profit, price will go up bcs the investors are already price in the profit is dropping as other glove stocks, eg. Ruberex.

Posted by siulan_dion > 2021-09-08 14:05 |

Post removed.Why?

Ryan83

1,835 posts

Posted by Ryan83 > 2021-09-08 14:10 | Report Abuse

Comfort coming QR profit will drop but not sure drop how many percentage?5%/10%/15%/20%/25%?

Dannyfyl88

1,219 posts

Posted by Dannyfyl88 > 2021-09-08 15:05 | Report Abuse

Drop already factored in long ago... Now it is Pre Pan level... really a terrible investment. Alot of people lose money in Gloves this year. I think it will take a while to recover. Hopefully can see some positive news soon. LT investment it is. FA is still great and a bargain now.

IMwhatIM

567 posts

Posted by IMwhatIM > 2021-09-08 15:27 | Report Abuse

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?

imvu

7,888 posts

Posted by imvu > 2021-09-08 15:40 | Report Abuse

comfort-wb 0.370 sudah murah ?

anzo888

162 posts

Posted by anzo888 > 2021-09-08 15:42 | Report Abuse

Started buying today, will buy all the way down. Dont start buying, sure regret.

Ryan83

1,835 posts

Posted by Ryan83 > 2021-09-08 15:46 | Report Abuse

Waiting coming QR announcement this month good or bad result

anzo888

162 posts

Posted by anzo888 > 2021-09-08 15:46 | Report Abuse

@Dannyfyl88, 2 pieces of positive news out but not highlighted.....Glove selling prices will stabilise by Q1 2022. Also prices wont be below USD 35.

anzo888

162 posts

Posted by anzo888 > 2021-09-08 15:48 | Report Abuse

and dont forget, share prices will move up earlier than glove selling prices... could be 3 to 6 months ahead.

IMwhatIM

567 posts

Posted by IMwhatIM > 2021-09-08 15:50 | Report Abuse

It is interesting to know who have been the major buyers of Comfort mother shares and WB last few days. These are the people who are likely to benefit from the senseless fall in the prices.

They are steel hearted and they know what they are getting into. Congrats to them!

Ryan83

1,835 posts

Posted by Ryan83 > 2021-09-08 16:03 | Report Abuse

Everyone is waiting for big boss Top Glove QR announcement next week...Glove sentiment still very weak

imvu

7,888 posts

Posted by imvu > 2021-09-08 16:34 | Report Abuse

besok hijau ?

Posted by BrusaCasino > 2021-09-08 17:06 | Report Abuse

Rip

Posted by BrusaCasino > 2021-09-08 17:08 | Report Abuse

IMwhatIM, there is no major buyer. That's why the prices going down. No one to absorb. I think it will drop to 20c

AlexT12

351 posts

Posted by AlexT12 > 2021-09-08 17:13 | Report Abuse

penny stock price coming

Posted by NatsukoMishima > 2021-09-08 21:05 | Report Abuse

@@imvu comfort-wb 0.385 , top up 0.300 ?

Dont rush to top up , let it drop kaw kaw to 0.01 then all in sailang 1 million units ! Live or dead by final round !

5c0160

1,763 posts

Posted by 5c0160 > 2021-09-08 21:08 | Report Abuse

waiting at 1.50

investorbat

1,448 posts

Posted by investorbat > 2021-09-08 21:34 | Report Abuse

@imvu boss will keep selling wb.1 mother share=$2.30+wb,if boss sell wb now take 0.37 cash,so 1 mother share=1.64-0.37=1.27.Will u pay more than $2.30 to convert if u can get it 1.27?

investorbat

1,448 posts

Posted by investorbat > 2021-09-08 21:39 | Report Abuse

boss will sell wb,buy mother.He bought twice in july

investorbat

1,448 posts

Posted by investorbat > 2021-09-08 21:40 | Report Abuse

im still waiting to buy below 1.3

John1234

2,020 posts

Posted by John1234 > 2021-09-09 06:19 | Report Abuse

Yes, congrats to Comfort too! I do not own any Comfort shares. But I have never talked down on this counter so far. I only highlighted the extra high risks of buying its warrant.

Ryan83

1,835 posts

Posted by Ryan83 > 2021-09-09 10:29 | Report Abuse

Comfort QR coming this month if profit drops more than 20-30% from previous quarter another selling down

Dannyfyl88

1,219 posts

Posted by Dannyfyl88 > 2021-09-09 10:38 | Report Abuse

Drop like flies... WTF...

Dannyfyl88

1,219 posts

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

Sure Calvin... it is Far from Over... Gloves demand might be down but certainly Not to Pre-pan level. The prices on all gloves counters are at Pre Pan level now..so risk is very low. Also, you are Talking about China. China does not buy gloves from Malaysia and so secretive. Neither does US. So... it is subjective. The PA is negative but it will rebound somehow. Everything has a price and at the price, it's cheap... like buying a Merc at Proton price. Let's see how low this goes, I consider this investment LT now..only paperless. Don't need the money now. FA is still good and the earnings will stabilize next year...hopefully will up slowly. At this P/E, even at 10 times less sales, it is still under 20.

imvu

7,888 posts

Posted by imvu > 2021-09-09 11:42 | Report Abuse

comfort-wb 0.355 murah ?

selesa2020

269 posts

Posted by selesa2020 > 2021-09-09 12:46 | Report Abuse

Sapu

selesa2020

269 posts

Posted by selesa2020 > 2021-09-09 12:46 | Report Abuse

Drop keep adding

FaridIsland

1,341 posts

Posted by FaridIsland > 2021-09-09 15:47 | Report Abuse

Wait below rm1/...then keep 4mid/long term!

IMwhatIM

567 posts

Posted by IMwhatIM > 2021-09-09 16:38 | Report Abuse

I have this strong feeling that the quarterly results that are coming out are not likely to be that bad as to cause Comfort WB to fall by 30% over the last one week.

I believe some people took advantage of the initial panic selling by forcing the WB price down sharply so that they can buy them at dirt cheap prices.

I am quite sure the results are not likely to be so bad as to cause the WB to drop from RM0.50 to RM0.35 which is a massive 30% off.

I tend to believe that WB will rebound quite significantly once the results are announced. And those who took advantage of the initial panic selling will be selling upwards when the results are announced.

There are many of these smart people in the market place.

This is only my opinion and nothing more.

imvu

7,888 posts

Posted by imvu > 2021-09-09 16:53 | Report Abuse

besok gap up limit up ?

jolow

652 posts

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

useless counter. gap down

jolow

652 posts

Posted by jolow > 2021-09-09 20:24 | Report Abuse

boss also selling
give up hope already

Neutral

1,464 posts

Posted by Neutral > 2021-09-09 20:41 | Report Abuse

boss bought previous MD 32mil mother shares at at rm2.4 per share. he now own 27% or 162mil mother shares of comfort gloves

u think he is giving up hope dy?

naive thinking

imvu

7,888 posts

Posted by imvu > 2021-09-10 02:57 | Report Abuse

terlebih oversold sudah . glove selalu rebound jumaat , jadi jumaat hijau . comfort-wb rebound 0.450 .

jolow

652 posts

Posted by jolow > 2021-09-10 07:41 | Report Abuse

rebound 1 cent, drop 10 cent
can reach 1.00 aoon

imvu

7,888 posts

Posted by imvu > 2021-09-10 08:52 | Report Abuse

. hari ni hijau .

OnTime

2,188 posts

Posted by OnTime > 2021-09-10 09:33 | Report Abuse

MU variant is threatening the world now! MU just spread to 49 US states, perhaps it's why topglov ban got lifted?

IMwhatIM

567 posts

Posted by IMwhatIM > 2021-09-10 09:36 | Report Abuse

Buying of WB appears to be very strong this morning. It's up 12% already.

Shines

2,824 posts

Posted by Shines > 2021-09-10 09:47 | Report Abuse

No more scard ASP dropping 30%

Shines

2,824 posts

Posted by Shines > 2021-09-10 09:47 | Report Abuse

Dont be played by IB

Posted by NatsukoMishima > 2021-09-10 10:20 | Report Abuse

USA lifted the ban because they will start new n more tight tension trade war with China ! Maybe the PPE products will be the first target then china businessman will slow down expansions ! Mslaysia glove is still the NO.1 dominant in the world !

OnTime

2,188 posts

Posted by OnTime > 2021-09-10 10:30 | Report Abuse

no, usa and china is in high tech trade war not ppe. i think it's all about the virus fighting back with variants and remember winter is coming in many parts of the world, gloves demand will pick up again very soon.

canbuyla

545 posts

Posted by canbuyla > 2021-09-10 10:58 | Report Abuse

why owner Lau keep on disposing?

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