Highlights
KLSE: COMFORT (2127)       COMFORT GLOVES BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
1.84   -0.03 (1.60%)  1.82 - 1.90  4,022,700
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Financials


Market Cap: 1,073 Million

Market Cap 1,073 Million
NOSH 583 Million

Latest Audited Result:  31-Jan-2021

Latest Audited Result: 31-Jan-2021
Announcement Date 24-May-2021
Next Audited Result: 31-Jan-2022
Est. Ann. Date: 24-May-2022
Est. Ann. Due Date: 30-Jul-2022

Latest Quarter:  30-Apr-2021 [#1]

Latest Quarter: 30-Apr-2021 [#1]
Announcement Date 21-Jun-2021
Next Quarter: 31-Jul-2021
Est. Ann. Date: 07-Sep-2021
Est. Ann. Due Date: 29-Sep-2021
QoQ | YoY   58.94%  |    1,241.17%

Annual (Unaudited) ( EPS: 49.29, P/E: 3.73 )

Revenue | NP to SH 946,447  |  287,338
RPS | P/RPS 162.35 Cent  |  1.13
EPS | P/E | EY 49.29 Cent  |  3.73  |  26.79%
DPS | DY | Payout % 1.50 Cent  |  0.82%  |  3.04%
NAPS | P/NAPS 1.01  |  1.82
YoY   765.95%
NP Margin | ROE 30.36%  |  48.80%
F.Y. | Ann. Date 31-Jan-2021  |  15-Mar-2021

T4Q Result ( EPS: 84.08, P/E: 2.19 )

Revenue | NP to SH 1,334,782  |  490,133
RPS | P/RPS 228.97 Cent  |  0.80
EPS | P/E | EY 84.08 Cent  |  2.19  |  45.69%
DPS | DY | Payout % 6.48 Cent  |  3.52%  |  7.71%
NAPS | P/NAPS 1.31  |  1.40
QoQ | YoY   70.58%  |    1,092.25%
NP Margin | ROE 36.72%  |  63.97%
F.Y. | Ann. Date 30-Apr-2021  |  21-Jun-2021

Annualized Result ( EPS: 150.36, P/E: 1.22 )

Revenue | NP to SH 2,164,968  |  876,536
RPS | P/RPS 371.38 Cent  |  0.50
EPS | P/E | EY 150.36 Cent  |  1.22  |  81.72%
DPS | DY | Payout % -
NAPS | P/NAPS -
QoQ | YoY   205.05%  |    1,241.17%
NP Margin | ROE 40.49%  |  114.40%
F.Y. | Ann. Date 30-Apr-2021  |  21-Jun-2021



Business Performance

Business Performance (By Quarter)

Trailing 4 Quarters Trailing 8 Quarters
Available Quarters 4 Quarters 8 Quarters
Continuous Quarters Of Revenue Growth 4 / 4 100.00% 7 / 8 87.50%
Total Positive Profit Years 4 / 4 100.00% 8 / 8 100.00%
Continuous Quarters Of Positive Profit 4 / 4 100.00% 8 / 8 100.00%
Continuous Quarters Of Profit Growth 4 / 4 100.00% 7 / 8 87.50%
Continuous Quarters Of Adjusted EPS Growth 4 / 4 100.00% 7 / 8 87.50%
Total Dividend Years 2 / 4 50.00% 2 / 8 25.00%
Continuous Quarters Of Dividend 1 / 4 25.00% 1 / 8 12.50%
Continuous Quarters Of Dividend Growth 0 / 4 0.00% 0 / 8 0.00%
Continuous Quarters Of Adjusted Dps Growth 1 / 4 25.00% 1 / 8 12.50%
Average ROE 20.95% 12.13%
Average Net Profit Margin 34.50% 20.95%

Business Performance (By Year)

Last 5 Financial Years Last 10 Financial Years
Available Years 5 Years 10 Years
Continuous Years Of Revenue Growth 5 / 5 100.00% 9 / 10 90.00%
Total Positive Profit Years 5 / 5 100.00% 7 / 10 70.00%
Continuous Years Of Positive Profit 5 / 5 100.00% 7 / 10 70.00%
Continuous Years Of Profit Growth 2 / 5 40.00% 2 / 10 20.00%
Continuous Years Of Adjusted EPS Growth 2 / 5 40.00% 2 / 10 20.00%
Total Dividend Years 2 / 5 40.00% 2 / 10 20.00%
Continuous Years Of Dividend 1 / 5 20.00% 1 / 10 10.00%
Continuous Years Of Dividend Growth 0 / 5 0.00% 0 / 10 0.00%
Continuous Years Of Adjusted Dps Growth 1 / 5 20.00% 1 / 10 10.00%
Average ROE 19.38% -5.99%
Average Net Profit Margin 12.22% 1.04%

Key Result

Key Result

T4Q Annualized Annual (Unaudited) Last 10 FY Average Last 5 FY Average
Revenue 1,334,782 2,164,968 946,447 337,821 523,048
NP to SH 490,133 876,536 287,338 35,781 82,035
Dividend 37,766 116,088 8,744 880 1,760
Adjusted EPS 84.08 150.36 49.29 6.14 14.07
Adjusted DPS 6.48 19.91 1.50 0.15 0.30

NP to SH = Net Profit Attributable to Shareholder, EPS = Earning Per Share, DPS = Dividend Per Share

All figures in '000 unless specified.

EPS & DPS's figures in Cent.


Growth

Growth (By Quarter)

LQ QoQ LQ YoY CQ YoY LQ vs Average of T4Q LQ vs Average of T8Q
Revenue 69.72% 253.97% 253.97% 62.20% 130.50%
NP to Owner 58.94% 1,241.17% 1,241.17% 78.84% 229.99%
Dividend 0.00% 0.00% 0.00% 207.39% 514.77%
Adj. EPS 58.95% 1,242.52% 1,242.52% 78.83% 230.00%
Adj. DPS 0.00% 0.00% 0.00% 207.39% 514.77%

LQ = Latest Quarter, CQ = Cumulative Quarter, T4Q = Trailing 4 Quarters, T8Q = Trailing 8 Quarters, QoQ = Quarter on Quarter, YoY = Year on Year

Growth (By Year)

T4Q vs LFY T4Q vs AL5FY T4Q vs AL10FY AQR vs LFY AQR vs AL5FY AQR vs AL10FY LFY YoY LFY vs AL5FY LFY vs AL10FY
Revenue 41.03% 155.19% 295.12% 128.75% 313.91% 540.86% 85.31% 80.95% 180.16%
NP to Owner 70.58% 497.46% 1,269.79% 205.05% 968.48% 2,349.68% 765.95% 250.26% 703.03%
Dividend 331.90% 2,045.71% 4,191.43% - % - % - % 0.00% 396.81% 893.61%
Adj. EPS 70.58% 497.47% 1,269.80% 205.06% 968.49% 2,349.69% 765.94% 250.26% 703.03%
Adj. DPS 331.90% 2,045.71% 4,191.43% - % - % - % 0.00% 396.81% 893.61%

T4Q = Trailing 4 Quarters, T8Q = Trailing 8 Quarters, AL5FY = Average of Last 5 Financial Years, AL10FY = Average of Last 10 Financial Years, LFY = Latest Financial Year AQR = Annualized Quarter Result, YoY = Year on Year

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  24 people like this.
 
BrusaCasino Everyone cut loss yet?
27/07/2021 3:54 PM
IMwhatIM There will come a time when one of the big buyers who has been collecting at low prices will start to push it up to sell. This comes in cycles, maybe once every 3 months? So those with holding power can afford to sit around and wait for it to happen.
27/07/2021 4:11 PM
BrusaCasino Live to fight another day
27/07/2021 4:44 PM
Bgt 9963 Good luck.!
27/07/2021 5:41 PM
Dannyfyl88 IM.. ya I think the same... gloves is a victim of a very bad assumption by local IBs. This negative sentiment will need time to clear and if all is gone, it will do some catch-up and any shorts will be defected with coverings...and higher price. But in the short term, it will range up and down with false hope. Let's see, covid is not over and gloves will be needed.
27/07/2021 6:11 PM
BrusaCasino Kossan made another high for QR. Amazing. All the talks of drop in ASP has not affected the NP yet. If large company like kossan can do well. I expect tier 2 glove stocks to do even better , just like previous quarters
27/07/2021 7:22 PM
Jingweihan Why worry boss buying
27/07/2021 8:06 PM
koowakzai Remember boss buying from founder 2.40 outside market. Today announce add another 2000 lot at 2.07. Definitely bullish. Buy while still cheap.
27/07/2021 9:13 PM
canbuyla yes boss is supporting...but foreigners are selling...who will win ?
27/07/2021 9:16 PM
dimmubroker Should wait at more lower.

Seems like the gloves market will be downtrending this week

Posted by koowakzai > Jul 27, 2021 9:13 PM | Report Abuse

Remember boss buying from founder 2.40 outside market. Today announce add another 2000 lot at 2.07. Definitely bullish. Buy while still cheap.
27/07/2021 10:22 PM
Zrenxy Take Mahsing...Tier 3 and the best growth for gloves sectors
27/07/2021 10:50 PM
thlim123 https://www.theedgemarkets.com/article/kossan-posts-record-net-profit-rm106b-2q-higher-demand-declares-12-sen-dividend?fbclid=IwAR1_DHZQl7oa-EPN8vk_u3pkOxoirmOyCfA1DbbW_xvO2O37wPq6ix6qdJ0#.YP_zkcjJ-SI.facebook
28/07/2021 7:01 AM
IMwhatIM The decline in ASPS is not a big issue when there is significant increase in production capacity to cater for bigger volume of sales over the next 2 years. With this scenario, we will continue to see increase in the level of net profits for the next two years in the glove sector. Is this a bad thing?

Comfort Gloves will definitely not disappoint its shareholders like what we have seen over the last 18 months.

Only investors with brains can easily see this. IBs and analysts find it difficult to visualise this. Alamak!!
28/07/2021 9:01 AM
thlim123 They got other motive….
28/07/2021 9:48 AM
Invest_888 Comfort is the best earning per share glove company, the lowest PE.
28/07/2021 9:55 AM
Invest_888 Mahsing way is still far away in glove industry.
28/07/2021 9:56 AM
afif95 jun 2020 The boss didnt go for exponential increase in their glove price......... they go gradually by 5-10% for new customer only and will revise every month.......
28/07/2021 9:58 AM
IMwhatIM For the brave investors, getting into Comfort at this level is probably the best opportunity to make the first million RM. I strongly believe it won't be long before investors in general get back their senses and see Comfort in a proper light.

I see this as a window of opportunity which probably comes once in a blue moon. The next one is only likely to be in the next major crisis.
28/07/2021 10:11 AM
Wukong Tp1. Go go go
28/07/2021 11:00 AM
selesa2020 “As we move into the second half of 2021, with the ongoing vaccinations and higher vaccination rates recorded in the developed and developing countries, Covid-19 cases categorised as severe has declined. As demand for gloves eases, the ASP will decline on a gradual basis,” it added.
28/07/2021 11:18 AM
selesa2020 Justin Lim, don't mislead the people, even US and UK cases are surging**
28/07/2021 11:18 AM
selesa2020 Don't forget there are children still unprotected.
28/07/2021 11:19 AM
selesa2020 https://www.bbc.co.uk/news/world-us-canada-57962387
28/07/2021 11:21 AM
selesa2020 Sydney extends lockdown as other Australian cities reopen - https://www.bbc.co.uk/news/world-australia-57993337
28/07/2021 11:22 AM
selesa2020 Even Malaysia yet to reach the peak, wake up man! Economy not gonna rebound this soon. Another 9 to 12 MTHS , perhaps could see the proper direction.
28/07/2021 11:23 AM
IMwhatIM The order book is full for the rest of 2021 and the whole of 2022. Comfort is busy coping with the production and also happily "printing money" with their massive profits they are generating.

All we need to see is one big foreign research house calling a buy on Comfort and its price will fly like water from a burst pipe.

Mark my word...... the day will come, anytime now.
28/07/2021 11:44 AM
BrusaCasino How u know 2022 order book is full?
28/07/2021 1:14 PM
NJHL1234 ur condom baru full
28/07/2021 3:17 PM
Start_0f_the_bull The company didn't mention in their last QR that whole of year 2022 order book is full.
28/07/2021 3:25 PM
BrusaCasino Insider info or manipulation
28/07/2021 3:40 PM
NatsukoMishima https://www.klsescreener.com/v2/news/view/860109

This news will boost malaysia gloves stocks !
28/07/2021 8:56 PM
Wukong 这里好多骗子。谁傻就上当会买手套股。我们大家一起来期待comfort的目标价是TP1,我在这家公司工作的2022年的订单是少过一半,所以未来的股价很快就会下至到一块以下。请记住不要被骗子骗去傻傻买入手套。谁买谁亏的除非你嫌钱多吧。很快的就来到1块钱的价格
28/07/2021 11:03 PM
selesa2020 https://www.hindustantimes.com/world-news/who-says-global-covid-deaths-up-by-21-cases-could-exceed-200-mn-in-two-weeks-101627472933570.html
28/07/2021 11:46 PM
Start_0f_the_bull Wukong are you sure you are working in Comfort? (I doubt he is).
That guy who wrote very affirmative that the company year 2022 order book is full. I guess readers in this forum would like to here explanation from him if he has not gone for hiding.
So many liers in share market these days. Beware!
29/07/2021 5:04 AM
tiruban85 correct me if im wrong, could it be like some big funds are suppressing the price, so that when the covid cases rises, they will push up the price again? it seems the news and the current price does not correlate to each other.
29/07/2021 8:42 AM
Dannyfyl88 It’s a waiting game… soon every other counters gets too expensive and gloves are the cheapest. It will rebound strongly.
29/07/2021 8:50 AM
philip31 Bosses are accumulating big time and retailers are selling to them cheap. Just hold for dividend.
29/07/2021 8:58 AM
entia correct
29/07/2021 9:47 AM
Benny1123 Biscuit company can limit up, what for want to worry about glove company... The price so cheap now..
29/07/2021 10:02 AM
Wukong 我只能说谢买手套的人会继续亏钱,如果不相信的话时间就是最好的证明,持有股息但亏股价,可怜。老板说2023年是不派股息。明年股息是少过今年。保重你们
29/07/2021 10:49 AM
Dannyfyl88 Wukong comes back barking... Ignore button created. P/E of 2 and it's sales are growing for the next few QTRs. Sooner or later the intrinsic value will exceed the share price with a few hundred millions to make.... which is a ridiculous valuation. Sentiment will change and this will come back.
29/07/2021 11:20 AM
Benny1123 Thank for yr information, but we have to live together with covid 19 variant forever, just keep in mind..
29/07/2021 11:21 AM
Start_0f_the_bull Even if Wukong works in Comfort, can his words be trusted instead of the directors?
Much funnier is he can't even write in English.
29/07/2021 11:27 AM
IMwhatIM British govt going to spend £6 billion worth of medical gloves next 2 years with the tender closing end of August. Sure a bulk of the supply will come from Malaysia and hopefully Comfort gets a portion of the cake. The big suppliers likely to be out of running due to suspicion of " forced labour" issue.
29/07/2021 1:37 PM
IMwhatIM I very much doubt this piece of news makes any difference to the IBs and analysts. They may not see the relevance of this news until it is translated into dollars and cents 2 years later. Haha!
29/07/2021 1:42 PM
IMwhatIM If you know what you are buying into, what and how the IBs and analysts write about this news should not count at all.
29/07/2021 1:46 PM
IMwhatIM If this news is a lie, please ignore it and read something else.
29/07/2021 1:51 PM
BrusaCasino Price dying
29/07/2021 3:25 PM
IMwhatIM In a weak market like this only those who know the number and understand them are willing to collect the stocks at such low prices. Its a bargain that does not come everyday.
29/07/2021 4:09 PM
Start_0f_the_bull It is almost touching 52 weeks low again.
29/07/2021 4:49 PM