Hartalega Holdings Berhad is engaged in investment holding. The Company's business consists of the manufacturing and sale of latex gloves. The Company's manufacturing activities are operated in Malaysia. The Company's wholly owned subsidiary Hartalega Sdn Bhd is engaged in manufacturing of latex gloves. Hartalega Sdn Bhd subsidiaries are Pharmatex (Australia) Pty Limited, which is engaged in retail and wholesale of gloves; Pharmatex USA, Incorporated, which is engaged in retail and wholesale of gloves, and Sentinel Engineering (M) Sdn Bhd, which is engaged in leasing of property, research and development of automation systems.
bsngpgWow Lau A, making money from share market is sooo difficult. I bought it on 2 Apr 2014, and since then losing money each day. After waiting for the long 3 months, at last I break even today. It should be the turning point and will start making money tomorrow onward. Yup!
Livinianow is the best time to accumulate. Once it start to move, too late already.
Tang KhangsengNow is the best time to accumulate? Do you/anybody know why the share price of this stock is much more expensive than other counters at PER~21?
bsngpg1) Best Time was the last 2 months at <6.00.
2) "..much more expensive than other counters at PER~21" : because it is the most efficient NBR gloves manufacturer in M'sia.
Tang KhangsengHello bsngpg, thanks for your sharing. Even when the stock trade at ~6, it's still look expensive to me. Agree with you on its better efficiency compare to other glove counters --> reflect on its profit margin. However, please take note it's profit margin shows a decreasing trend since the last 6 quarters. Also, its SharePrice/NTA is almost highest among the glove counters, to me, the risk is high :-)
nicole76Rebounding :) can't wait for the next dividend again. I'm not worried of their margin cause they have a great R&D team that comes out with new line of gloves to be ahead of competition and maintain their margin :) Which other glove company have a ROE above 20% like Harta? This shows the superiority of Hartalega...hahaha!!!
bsngpgI ever heard somebody says this : if Harta is willing to drop its profit margin to the level of other gloves manufacturers, Harta will kill them off as orders would be switched from them to Harta.
The quote may not be 100 % true, but it brings out one hidden important message: " who is the king?"
Wishing all supporters of Harta Selamat Hari Raya.