 | May 4, 2020 5:04 PM | Report Abuse probability, you need to look at different point as per below:
1)Gloves demand supplied by Malaysia last year is 192B and expect to increase to 210B this year. However with the Covid pandemic, the demand increase from 192B to 230B (additional 38B which is equalvalent half Top glove)
2)Need to look into lead time. Lead time increase from 45days to 90-120days which mean glove is shortage. Glove shortage will lead to high ASP which translate to higher margin. Who has the highest capacity will be the winner. Predict margin top glove to be improve from 9 to 12%
Chelsea |
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| Stock: [DUFU]: DUFU TECHNOLOGY CORP BHD Apr 6, 2020 1:33 PM | Report Abuse FTIR and IC equipment is very common machine. A lot unlisted company aslo selling this equipment such as shidmazu, merck , spectra and others |
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| Stock: [HARTA]: HARTALEGA HOLDINGS BHD Mar 23, 2020 10:22 AM | Report Abuse With USD strengthen to 4.43 translate higher revenue.
With low crude oil translate to lower raw material price. Nitrile price has weakening 20-30% from peak. Nitrile is approximate 50% from total cost glove.
With this double effect, it will translate with higher profit. |
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| Stock: [HARTA]: HARTALEGA HOLDINGS BHD Mar 23, 2020 10:16 AM | Report Abuse harta is the most resilient stock. With surge demand in us and Europe where approximate 60-80% from this region will boost harta net profit on coming next 2 Q. |
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| Stock: [HARTA]: HARTALEGA HOLDINGS BHD Mar 19, 2020 1:20 PM | Report Abuse because glove is safe haven now and current theme is rubber glove. Anticipate result boom with the next 2 Q |
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| Stock: [HARTA]: HARTALEGA HOLDINGS BHD Mar 17, 2020 3:20 PM | Report Abuse read latest news from margma. Resume production due to global glove shortage |
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| Stock: [HARTA]: HARTALEGA HOLDINGS BHD Mar 12, 2020 10:54 AM | Report Abuse Chelsea Global glove demand surge where Malaysia order increase from 192B to 230B (additional 38B) which equivalent to half Top glove. This demand will continue grow due health concern awareness which arise from flu virus in US and COVID-19. As u can c, past 5 years the CAGR average is 12% compare with 7% on past decade. My target for Harta after include plant 6 is rm7 and plant 7 is rm7.8
CHELSEA
12/02/2020 2:17 PM |
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| Stock: [HARTA]: HARTALEGA HOLDINGS BHD Feb 14, 2020 2:20 PM | Report Abuse lol Jerichomy don't listen to others. Please refer to the top 20 fund as closing 31 January 2020 where mostly new fund enter except Supermax. |
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| Stock: [HARTA]: HARTALEGA HOLDINGS BHD Feb 12, 2020 2:17 PM | Report Abuse Global glove demand surge where Malaysia order increase from 192B to 230B (additional 38B) which equivalent to half Top glove. This demand will continue grow due health concern awareness which arise from flu virus in US and COVID-19. As u can c, past 5 years the CAGR average is 12% compare with 7% on past decade. My target for Harta after include plant 6 is rm7 and plant 7 is rm7.8
CHELSEA |
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| Stock: [HARTA]: HARTALEGA HOLDINGS BHD Feb 11, 2020 2:56 PM | Report Abuse with plant 6 will kick in Q4 FY 2020 and plant 7 kick in next Q4 FY 2021, I forecast TP will be rm7 this year and Rm8 on next year. After this Q3 with expansion Plant 6 and Plant 7, sure Harta will keep break record high every Q |
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| Stock: [HARTA]: HARTALEGA HOLDINGS BHD Feb 3, 2020 5:20 PM | Report Abuse actually, the demand to US huge jump due to deadly virus flu which is more serious than corona virus. This will benefit the most to Hartalega as 60% revenue Harta is from US |
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| Stock: [HARTA]: HARTALEGA HOLDINGS BHD Jan 31, 2020 3:18 PM | Report Abuse Chelsea please take note if break major resistance 5.63 ascending triangle, it will head to RM6.
Coming Q3 QTQ will grow positive due to good demand and high utilization.
Confirm Q4 QTQ and YTY will positive and the YTY will break double digit growth. Profit in Q4 will break historical high since 2008 due to plant 6 kick in. Foresee Harta will back to RM 7 on next year.
CHELSEA
27/12/2019 12:59 PM |
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| Stock: [ESCERAM]: ES CERAMICS TECHNOLOGY BHD Jan 30, 2020 2:25 PM | Report Abuse as demand of gloves increase, the ceramic mould to produce gloves will be increase as well. 3 positive improvement Q show that Esceram may back to peak 66sen when it record net profit 7+million with EPS 3.5 |
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| Stock: [HARTA]: HARTALEGA HOLDINGS BHD Jan 22, 2020 4:21 PM | Report Abuse Kenanga upgrade Harta to RM6.50
Cimb upgrade Harta to RM6.25
Macquaria upgrade Harta to RM 7.10
Hartalega has highest exposure and export to US |
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| Stock: [HARTA]: HARTALEGA HOLDINGS BHD Jan 21, 2020 10:42 AM | Report Abuse harta breakout from inverse head and shoulder |
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| Stock: [HARTA]: HARTALEGA HOLDINGS BHD Jan 21, 2020 9:51 AM | Report Abuse sars is getting worsen and spread to Shenzhen, Beijing, guadong, south korea, japan and Singapore. glove in focus |
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| Stock: [HARTA]: HARTALEGA HOLDINGS BHD Jan 20, 2020 1:06 PM | Report Abuse harta in focus as sars Wuhan is spreading |
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| Blog: Stock Pick Contest Year 2020 - How it works? (All OPEN seat have been taken. Please submit if you have a reserve seat) Dec 31, 2019 5:47 PM | Report Abuse Dear Mr Tan, my stock picks for 2020 stocks pick as mentioned below:
Esceram : 30%
Armada : 20%
Jaks : 20%
Tguan : 10%
Harta : 10%
Uzma : 10%
Thank you |
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| Stock: [HARTA]: HARTALEGA HOLDINGS BHD Dec 27, 2019 12:59 PM | Report Abuse please take note if break major resistance 5.63 ascending triangle, it will head to RM6.
Coming Q3 QTQ will grow positive due to good demand and high utilization.
Confirm Q4 QTQ and YTY will positive and the YTY will break double digit growth. Profit in Q4 will break historical high since 2008 due to plant 6 kick in. Foresee Harta will back to RM 7 on next year.
CHELSEA |
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| Stock: [HARTA]: HARTALEGA HOLDINGS BHD Dec 5, 2019 2:49 PM | Report Abuse worst is over. buy before it shoot up to rm 6 |
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| Stock: [EKOVEST]: EKOVEST BHD Nov 22, 2019 4:33 PM | Report Abuse Limit up soon |
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| Stock: [KOSSAN]: KOSSAN RUBBER INDUSTRIES BHD Nov 4, 2019 3:24 PM | Report Abuse RF888, you are right. Coming Q will break record high as Plant 18 start kick in earning.
P19 got extra 3bil pcs. |
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| Stock: [HARTA]: HARTALEGA HOLDINGS BHD Nov 4, 2019 10:34 AM | Report Abuse worst is over. breakout at 5.40sen. gooshen is loser. now the direction is north |
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| Stock: [EKOVEST]: EKOVEST BHD Nov 1, 2019 11:37 AM | Report Abuse Haha roger keep crying. |
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| Stock: [KOSSAN]: KOSSAN RUBBER INDUSTRIES BHD Oct 2, 2019 1:03 PM | Report Abuse aiyoh, read carefully. it refer to WRP glove. all the customer from WRP will switch to others |
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| Blog: Kossan The Most Undervalue Glove Stock With upside 31% based on PE25 and upside 58% based on PE30 Sep 8, 2019 10:22 PM | Report Abuse Hooi epf selling today and buy next day cannot tell the real story. Selling in left hand and buy back in right hand is to create volume. The most important epf holding is still similar |
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| Blog: Kossan The Most Undervalue Glove Stock With upside 31% based on PE25 and upside 58% based on PE30 Sep 8, 2019 10:19 PM | Report Abuse Phillip, look carefull on topglove. They are biggest in the world in term on volume but thier profit slump this year and thier profit margin keep shrinking to the lowest 6.3%.
Bear in mind largest volume does not mean the best or highest profit margin. This has be proven when looking back in year 2010 when harta output pieces is less twice than topglove but they able to achieve net profit similar to topglove.
Hence biggest does not mean the best. Innovative, able to improve production oee to achieve higher profit margins and strong management is the key of success. |
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| Blog: Kossan The Most Undervalue Glove Stock With upside 31% based on PE25 and upside 58% based on PE30 Sep 6, 2019 10:48 PM | Report Abuse https://9shares.my/%e7%be%8e%e5%9b%bd%e5%90%91%e4%b8%ad%e5%9b%bd%e6%89%8b%e5%a5%97%e5%be%81%e7%a8%8e-%e9%83%91%e9%87%91%e6%a3%ae%ef%bc%9a%e9%80%9f%e6%9f%8f%e7%8e%9b%e7%be%8e%e5%9b%bd%e5%87%ba%e8%b4%a7%e9%87%8f%e5%b0%86/ |
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| Blog: Kossan The Most Undervalue Glove Stock With upside 31% based on PE25 and upside 58% based on PE30 Sep 6, 2019 11:13 AM | Report Abuse Secondly, need to look into the profit margin. Kossan profit margin is keep uptrend due to management look into their process to improve their efficiency and also the OEE. |
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| Blog: Kossan The Most Undervalue Glove Stock With upside 31% based on PE25 and upside 58% based on PE30 Sep 6, 2019 11:09 AM | Report Abuse However, need to look into the NP growth. Supermax is constant with single digit growth while Kossan is the only glove stock which record double digit growth in year 2019. |
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| Stock: [KOSSAN]: KOSSAN RUBBER INDUSTRIES BHD Sep 6, 2019 9:42 AM | Report Abuse Just publish an article regarding Kossan, https://klse.i3investor.com/blogs/kossan/223474.jsp
Free to comment |
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| Blog: Kossan The Most Undervalue Glove Stock With upside 31% based on PE25 and upside 58% based on PE30 Sep 6, 2019 9:41 AM | Report Abuse Free here to brainstorm. If look carefull on Supermax, the Q4 always deliver the lowest result which is abnormal. This is because glove produce gloves continuously and earning should be flat or increase if there are expansion. |
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| Stock: [KOSSAN]: KOSSAN RUBBER INDUSTRIES BHD Sep 5, 2019 10:59 AM | Report Abuse Titan, must be patient. current stock is uptrend and with the P18 kick in Q3 and P19 kick in Q4 with 20% growth, the upside is huge. With latest tariff included medical glove will boost the glove demand. |
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| Stock: [KOSSAN]: KOSSAN RUBBER INDUSTRIES BHD Aug 20, 2019 3:46 PM | Report Abuse result out soon on 22 August 2019.
Forecast YTY growth by 30% and possible break highest NP ever.
Latest expansion in P18 and P19 will bring more growth earning in Q3 and Q4.
Deeply undervalue |
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| Stock: [HARTA]: HARTALEGA HOLDINGS BHD Aug 6, 2019 3:05 PM | Report Abuse gooshen is right this time. |
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| Stock: [KOSSAN]: KOSSAN RUBBER INDUSTRIES BHD Jul 31, 2019 6:02 PM | Report Abuse This coming Q2 I forecast double digit growth 30%
Why Kossan is the long term investment with huge upside?
1)The most undervalue glove stock with low PE 23.3 compare with Harta PE 37 Top Glove PE 29
2)Third largest (26.5B) in the world behind top glove 58B and Harta 30B
By 2019, it will increase the output from 26.5bil to 32bil (Plant 18 and Plant 19) with 20% growth and possible surpass Harta.
3)The only glove stock that record double digit growth in recently quarter result
4)Most IB upgraded the target price after Kossan perform superb result in latest Q1
Maybank : Target Price RM4.70 (Upside 23%)
Hong Leong : Target Price RM4.35 (Upside 13.9%)
Cimb : Target Price RM4.52 (Upside 17.5%)
Affin : Target Price RM6.00 (Upside 57%)
Public Bank: Target Price RM4.30 (Upside 12.6%)
MIDF : Target Price RM4.53 (Upside 16.6%)
Kenanga : Target Price RM5.25 (Upside 35.3%)
Personal TP: Target Price RM4.60 based on pe 20 and RM5.75 based on pe 25
5)After 2020, there are further expansion 48bil from 2020 to 2028 in Bidor
Why I so bullish on the glove stock is trade war will shift the supply from China to Malaysia. Gloves in China are more expensive by 25% and there are no price advantage between PVC and nitrile.
Global Demand is 300bil and Malaysia dominate the global demand by 63% and China (10%). The shift of 10% (30bil) demand from China to Malaysia will spur the growth and expansion in Malaysia. Biggest winner is major player nitrile glove which is Harta (90% nitrile) and Kossan (75% nitrile) |
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| Stock: [KOSSAN]: KOSSAN RUBBER INDUSTRIES BHD Jul 31, 2019 6:01 PM | Report Abuse Mingkoon, u really dunno Kossan is third largest in the world. hmmm |
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| Stock: [KOSSAN]: KOSSAN RUBBER INDUSTRIES BHD May 28, 2019 4:13 PM | Report Abuse Why Kossan is the long term investment with huge upside?
1)The most undervalue glove stock with low PE 23.3 compare with Harta PE 37 Top Glove PE 29
2)Third largest (26.5B) in the world behind top glove 58B and Harta 30B
By 2019, it will increase the output from 26.5bil to 32bil (Plant 18 and Plant 19) with 20% growth and possible surpass Harta.
3)The only glove stock that record double digit growth in recently quarter result
4)Most IB upgraded the target price after Kossan perform superb result in latest Q1
Maybank : Target Price RM4.70 (Upside 23%)
Hong Leong : Target Price RM4.35 (Upside 13.9%)
Cimb : Target Price RM4.52 (Upside 17.5%)
Affin : Target Price RM6.00 (Upside 57%)
Public Bank: Target Price RM4.30 (Upside 12.6%)
MIDF : Target Price RM4.53 (Upside 16.6%)
Kenanga : Target Price RM5.25 (Upside 35.3%)
Personal TP: Target Price RM4.60 based on pe 20 and RM5.75 based on pe 25
5)After 2020, there are further expansion 48bil from 2020 to 2028 in Bidor
Why I so bullish on the glove stock is trade war will shift the supply from China to Malaysia. Gloves in China are more expensive by 25% and there are no price advantage between PVC and nitrile.
Global Demand is 300bil and Malaysia dominate the global demand by 63% and China (10%). The shift of 10% (30bil) demand from China to Malaysia will spur the growth and expansion in Malaysia. Biggest winner is major player nitrile glove which is Harta (90% nitrile) and Kossan (75% nitrile) |
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| Stock: [KOSSAN]: KOSSAN RUBBER INDUSTRIES BHD May 23, 2019 4:44 PM | Report Abuse The most undervalue stock in glove is Kossan.
Previous Q4 output is 25bil.
Coming Q1 (production Jan to March) output is 26.5bil after completion plant 17 in November 2018.
Based on the additional output, I forecast coming Q is growth approximate 30% to 40%.
Based on full year 2019 taking account plant 18 and plant 19 completion , I forecast EPS is around 23.
Based on the most conservative PE 20 , target price is RM4.60
Based on mean PE 25, the target price is RM5.75.
Other catalyst
Weakening MYR, Tariff, Expansion 48bil in Bidor. |
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| Stock: [HARTA]: HARTALEGA HOLDINGS BHD May 7, 2019 2:13 PM | Report Abuse Gooshen is right. Dive...... |
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| Apr 20, 2019 6:14 PM | Report Abuse Laugh die me. Like this also can link. Better link Topglove supply glove to worker in Bandar malaysia and karex supply condom to workers |
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| Blog: Stock Pick Contest Year 2019 {The contents is full. Pls submit only if you have the reserve seats} Dec 31, 2018 6:27 PM | Report Abuse Krono - 15%
Vis - 15%
Kossan - 15%
Elsoft - 10%
Fpi - 15%
Comfort-10%
Wegmans-10%
Esceram-10%
Thank you very much |
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| Stock: [COMFORT]: COMFORT GLOVES BHD Apr 6, 2018 4:17 PM | Report Abuse really funny and many joker on comfort will go back to pn17.
Will RHB raise back the target price??? |
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| Stock: [COMFORT]: COMFORT GLOVES BHD Apr 6, 2018 4:07 PM | Report Abuse Limit up on Monday. A lot of joker here. |
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| Stock: [COMFORT]: COMFORT GLOVES BHD Apr 6, 2018 4:03 PM | Report Abuse many noob here. lifted out from ban. please read the announcement. Believe the management from kent. |
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| Stock: [REACH]: REACH ENERGY BHD Mar 8, 2018 11:19 PM | Report Abuse Double btm at 0.285 (7 March) for good support.
Formation doji at 0.300 (8 March) for another rebound. |
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| Stock: [REACH]: REACH ENERGY BHD Feb 2, 2018 1:04 PM | Report Abuse Posted by RT (ilovehits) > Jan 28, 2018 12:01 PM | Report Abuse
$22mil revenue only, very unpromising. TP $0.30.
Very easy if you study deep into reach.
Q1 2017 (Jan to March) : Brent 47-57 USD
Still in red as reach in the 6 month handover agreement
Q2 2017 (April to June) : Brent 47-57 USD
Still in red due to low crude oil and need 6 month handover agreement to fully control EMIR oil from its purchase date on 26 November 2016
Q3 2018 (July to Sept) : Brent 55-66USD
Still in red due to unfavorable weather on Aug and Sept and just full took control Emir Oil on 25 May 2017 and need 2months to introduce methodologies, improvement and others
Q4 2017 (Oct to Dec) : Brent 55-66USD
Will post in next message. |
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| Blog: Hibiscus just missed out the September oil rally. Jan 18, 2018 12:59 AM | Report Abuse Hi Lau333,
I read your analysis on Hibiscus and the analysis is superb.
Now i find a stock which similar to hibiscus and seem it deep undervalued.
Can you share your email to me?
CHELSEA |
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| Blog: Stock Pick Contest Year 2018 (FULL) Pls submit if you are first 20 runners on Yr 2015/16/17 Dec 29, 2017 5:17 PM | Report Abuse My stock pick for 2018 as below;
Comfort : 30%
Rgb : 30%
Hiaptek : 10%
Umwog : 10%
Vs WA : 10%
M3tech : 10% |
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| Stock: [COMFORT]: COMFORT GLOVES BHD Dec 28, 2017 5:28 PM | Report Abuse The most undervalue glove stock. I forsee target price RM1.70 after completion 8 line by next year.
Gem for 2018 |
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