COMFORT (2127) - If you are latecomer in glove sector, which glove counter should you buy?

Let us make it quick and short. I choose COMFORT among the glove makers with only 1 reason.

If you look at the recent chart of COMFORT. It is a bit scary because it shot up too fast. But if you look at second glance, you will find out that COMFORT only gained 33% within 52 weeks — It started uptrending at RM0.75 and trading at RM1.00 recently. 

So what does it mean? It means the downside risk of COMFORT is very low. Let us say the worst scenario it drops from RM1.00 to the lowest RM0.75, then how much you lose? The answer is max. 25.0%.

 

So if you can take this risk (max. lose 25.0%, potential upside unknown), maybe COMFORT is a
good glove counter to consider since Wuhan Coronavirus speading very fast. Moreover, COMFORT is
the rising star in local glove industry instead of four heavenly kings which named Harta,
TopGlove, Kossan and Supermax. COMFORT has more room to grow since its capital is the
smallest among them.

This is NOT a buy call, please study COMFORT properly before you make your decision.


https://klse.i3investor.com/blogs/oppakoon/2020-01-28-story-h1482954309-If_you_are_latecomer_in_glove_sector_which_glove_counter_should_you_buy.jsp