It's been awhile, still publicly bashing Harta? lmao, everyone only has 24hours a day, think about it. xD

agree with Terence, the 7 billion is for next 20 years. Jokers saying about going bankrupt. Fearmongering at its best. But I'm fine now, just let them do it, buy if the price fits my taste. Whoever sold on fear, that's on you. Fearmongers, Karma will get you anyway.

@samer do wait if possible, TG QR coming out soon.

@rr I'm up all the way from 3.2, headache about what? Not everyone buy in at 4.9 like you.

rr flip flop faster than katak jumping party

rr88 no patience, look forward to afternoon session.

pity those that sold yesterday

who's kneeling now @Natsuko?

Follow him = bang wall cause you will always buy higher than him and sell lower than him.

LOL rr, classic manipulation yet again. When he want to sell he ask you to buy, when he want to buy he ask you to sell.

@bang_miskin Yeah sudden rush after good QR, waiting for a little higher to take some profits xD I intend to hold this counter for longer term haha

@bang_miskin still here? should have decent green by now :D

LOL 8x sens, let's see. At this point I rather it go to 0 than to sell.

For example, saying that harta & tg MAY be removed from KLCI, yeah that's a fair expectation, but losing 50% more capital from there? I don't think so. The removal from KLCI is highly likely priced in, it's been predicted for so long and there's so many articles about it. NFA, I don't want to ruin anyone's livelihood, I could be wrong.

Just shouting random TP is not advice nor opinion, it is merely layman speculation - plucking numbers from the sky. The bare minimum you could do is earning estimate & PE. Also single direction shouting of what China will do and no one will win, you may just want to migrate there instead. Nothing concrete from your comment bro.

Harta management now cruising through external challenges while Dnex blundered the ICPS conversion & shareholding % required to retain license. No point to go talk bad at Dnex side cause I don't hold any shares there. But @Natsuko come buat kacau with nothing constructive to share then I will not hesitate to remind you of your pain.

@natsuko kena whack 50% at Dnex and then continue to curse glove counters

Yes yes Natsuko, let's wait together ya. Later if no loss, need to show you SD card?

2 days of watching election news and then came back to this sht fest over here. Newbies, zoomout, its just sideways movement.

@bang_miskin quite dangerous trying to buy low sell high I think. Need to be mentally prepared to sell at a loss or hold for long term (trap). I prefer to only buy when I want to hold for long term. I would've trim some if the rally somehow reaches rm2.5 after QR (which i deem a little overpriced at the moment with short term prospect), too bad it didn't.

Natsuko back on full swing on a red day, perfectly on form. I shall nickname you the period.

Could recall where I read/heard, but it seems that last week's overall rally in Bursa is due to foreign investors. US rate hike expectation slows down due to inflation rate decreasing, and also Malaysia reported good GDP growth. Some good catalysts for the overall market.

@bang_miskin its like a belated drop. Not only does the QR continue showing decline, the decline did not really slow down. One day we cant stabilise the earnings, the onward projection would be loss making. When the decline will stop? Its anyone's guess. My guess was last QR and I was wrong, but let's hope the worst is over and we dont see operating/net losses.

@cerubic you jynxed it xD

@Nat why don't dare? still holding. You still holding dnex? or MI?

Any downgrade in revenue/earnings growth would be detrimental to the short term share price, and of course, vice versa. DYOR.

I believe the recent climb has to do with foreign investors rotating funds, don't be overly optimistic about the QR. AFAIK the irish co. acquisition deal is not finalised yet?

You aint saying nothing, respectfully Mr. Nat. Stop claiming credit. You called tech a bubble and asked people to sell.

@bang_miskin Mr Nat asked for rm4, probably that's why.

yeah, i'm confused by the price movement but i'll take anything that's green. Not comparing to 2019 just yet (there's no oversupply situation in 2019), but there's no sign from the recent QR that the decline has stabilised. Maybe this recent decline was predicted and priced in.

Yeap @cerubic, these blindly follow sifu technical fellas think they can predict numbers from the chart. Only an extremely small portion of them actually make money.

@Windy that's very nice of you to assume, I may be a newbie in investing but I don't listen to buy or sell calls. And I hate people that give buy or sell calls. Not saying whoever this Alfred is giving buy or sell call, I have no idea who they are. Sorry for you and your losses if that is how you start out your investing journey.

Understand that PE is not everything and Harta commands a premium for how they conduct their business and high likelihood of them surviving the turmoil facing glove making industry. But how much premium you want to pay for, is up to you.

I don't mind Harta being out of KLCI, take away unnecessary attention speculating on prices rather than sticking to fundamental. I like this counter but I'm really skeptical on RM3 based on the recent quarter. Apparently i was very out of the loop for expecting another >80mil NP. Was hoping for 10sen annualised EPS so 25PE would put it at rm2.5 and 30PE would be at rm3. However, with the annualised profit of only around 7sen, doubtful we can see a PE higher than 30, also doubtful of EPS >3sen per quarter for next 2 quarters.

now that's odd...

@observatory thanks for the analysis as usual! Kossan is looking real attractive for this latest QR.

looks bad to me, but seems like it is expected by many. 6months extrapolated eps of 7sens puts the current PE at around 30 :(

@bang_miskin, honestly im expecting better than that :( hopefully im overly optimistic as compared to majority holders.

Raja Bomoh goes at it again

@bang_miskin, apologies i wasnt clear, i meant the 50% np & margin drop, it's pretty sad, though not red till loss making like Intco. Don't know why but I feel that Intco's gross loss is done deliberately, kill off the smaller half-as_ players asap to resume normal supply-demand equilibrium. Battle of who has a deeper pocket for now.

Natsuko, I do not know what fundamentals you're talking about, but if you're talking strictly about the external appearance and environment, then you're missing out. Not just in Harta, but life in general. Shallow.

@bang_miskin Kossan's red is worrying, but their share price clearly factored that in prior to QR. Hoping for the best for harta.

well now we know how much Harta is worth in investors eyes for now, between 1.6-1.9 probably. Hopefully they're expecting red for coming couple QRs, otherwise Natsuko's crystal ball could take effect once again.

hoping to see 800m revenue and 80m profit, that would be a good QR for me. 2.5sen quarter EPS extrapolating to 10sen yearly EPS, 25x PE @rm2.5.

wow what happened in 1 day? Guess the pump and dump is real.

hahhaha 2.7 by evening, that would mean a 30% jump in a single day. I'm not so optimistic buddy Khatu.

volume not as high any more, becareful guys.

and the hype train continues, i pray for a good QR for you guys that just hopped on.

Stayed green with another 30mil units changing hands, looking steady.

@Natsuko music has stopped for me long ago, I'm still here. Life without music is fine, when you believe concert will come in due course. As usual to you, keep shorting!

@bang_miskin I'm optimistic about not seeing red, in fact. I expected previous QR to more or less stabilise, results missed my expectation, but the dive did shrinked a lot compared to previous QR. I'm hoping for a consistent QR this round, similar EPS (~3-5% variance) if not better than previous QR. Let's see if those "diving ASP" and "diving utilisation rate" applies to Harta. Management that built good karma during peak shall receive good karma during dip.