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Trading ideas: Top Glove, CTOS Digital, Comfort Gloves and Nexgram
KUALA LUMPUR: Stocks with recent corporate announcements to watch for on Thursday include Top Glove, CTOS Digital, Comfort Gloves and Nexgram, said JF Apex Research.
Comfort Gloves acquiring 15-acre landbank for RM26mil
PETALING JAYA: Cash-rich Comfort Gloves Bhd plans to acquire a loss-making company with 15.18 acres of landbank in Muar, Johor, for the purpose of real estate investments.
Comfort Gloves to buy lands for RM26mil
KUALA LUMPUR: Comfort Gloves Bhd has proposed to acquire the entire stake in Goldhill Melody Sdn Bhd from five parties for RM25.75mil.
Trading ideas: Duopharma, Gadang, Comfort Gloves, Yinson, United Malacca, NTPM
KUALA LUMPUR: Investors may be drawn to stocks with recent corporate newsflow including Duopharma Biotech, Dadang Holdings, Comfort Goves, Yisnon Holdings, United Malacca, NTPM Holdings, China Automobile Parts Holdings, Chin Hin Group and Solarvest Holdings, according to JF Apex Research.
Bursa Malaysia rebounds from Omicron jitters
KUALA LUMPUR: The domestic equities market opened to a rebound on Tuesday after its counters were broadly lower over the last two trading days on fears of the new strain of the Covid-19 virus.
Quick take: Glove stocks jump amid spread of new Covid variant
KUALA LUMPUR: The share prices of latex glove manufacturers jumped in morning trade in tandem with a renewal of interest in glove stocks as the identification of a new strain of Covid-19 virus in several global economies raised fears of yet another wave of the pandemic.
Investors lose nerve over Covid fears, glove stocks see renewed interest
KUALA LUMPUR: There was broad-based selling on Bursa Malaysia as it entered midday, as fears over another wave of the Covid-19 pandemic loomed over Europe.
Comfort Gloves posts strong Q2 earnings
KUALA LUMPUR: Comfort Gloves Bhd posted a strong set of financial results in the second quarter ended July 31, with net profit up 248% to RM148.82mil from RM42.79mil a year ago.
Strong earnings for Comfort Gloves but weaker on-quarter as prices weigh
KUALA LUMPUR: Comfort Gloves Bhd posted a strong set of financial results in the second quarter ended July 31, 2021 with net profit up 248% to RM148.82mil from RM42.79mil a year ago but the performance was weaker on-quarter.
