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19.02   +0.02 (0.11%)  18.80 - 19.20  2,462,000
12,891 comment(s). Last comment by joesephlim at Oct 20, 2020 10:50 AM
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joesephlim
52 posts

Posted by joesephlim > Oct 19, 2020 12:25 PM | Report Abuse

Dear Hartalega supporters, dont be perturbed by Msian politics as all glove counters are presently safe haven play.
Short Term: Uptrend
Medium Term: Uptrend
Long Term: Uptrend
Short term play by speculators or contra players should only buy at pullbacks to suit their risk appetite as no mkt is linear and over bought mkt will elicit profit taking round from time to time. If they do not have have stop loss points but yet can convert to medium to long term investment for a buy and hold strategy even if mkt turns against them as now short term is a dip buyers's mkt which is better for choice.
Hartalega will probably hit my short term selling zone at 10.50 ringgit to date barring any short term negative news to derail its potential rise towards results day on Oct 27.
Medium to Long Term investors can sit out their investment for the next few quarters for at least 12 months visibility to enjoy price appreciation and dividend payout to hit my target of 26.00 in due course probably by 1st half 2021.


smallfellow
52 posts

Posted by smallfellow > Oct 19, 2020 1:08 PM | Report Abuse

Getting closer to the release of September quarter results and plenty of speculations starting to surface about what the profit will be for the quarter. Some say it will be three times the June quarter profit. I won't enter into any speculation. I will believe it when I see it. The only thing that I will say is the September results will be better than the June result, by how much?? We will find out in the next few weeks.If the profit is very high then there is a possibility of a bonus issue. Currently Harta's Retain Earnings is not very big. Bonus issues can only be made if you have enough Retained Earnings to transfer to Capital Reserve. Every cloud has a silver lining, I think very soon it will be time for Harta to shine.


jyyoong11
2 posts

Posted by jyyoong11 > Oct 19, 2020 1:11 PM | Report Abuse

When hartalega will stock split?


Mabel
9803 posts

Posted by Mabel > Oct 19, 2020 1:15 PM | Report Abuse

Love it joesephlim !

Let me repeat it...

Dear Gloves supporters, don’t be perturbed by Malaysian politics as all glove counters are presently safe haven play.

Short Term: Uptrend

Medium Term: Uptrend

Long Term: Uptrend

Meow Meow Meow Meow


PZOGRO
729 posts

Posted by PZOGRO > Oct 19, 2020 1:25 PM | Report Abuse

WHY YOU SHOULD HAVE NOW HARTALEGA IN YOUR LIST??!!




EXPECTING WITHIN (10 DAYS) WILL FLYING AND TRYING TO BREAK RM20 & HIGHER!!

WHY...?


DUE INCOMING STRONG & IMPRESSIVE QR (21Q2) WHICH IS SUPERBULL!

Expect subsequent quarterly earnings to rise exponentially.
ASP for months of Sept to Dec is rising monthly by between 10% to 30% indicating supply tightness have further propelled ASP higher.
Nitrile gloves market share to gain further momentum with potential 30% growth.
Previous quater result Profit before tax (PBT) increased significantly by RM151.2 million to RM272.8 million (about 124.3%). Mainly due higher sales revenue, lower raw material and energy cost.
So my estimation for next 2QFY21 is about Profit after tax (PAT) 750 million++ above.

Follow Kim's Stockwatch!


whenarmada
95 posts

Posted by whenarmada > Oct 19, 2020 3:10 PM | Report Abuse

yes. mr kuan. love u


OngKawKaw
1351 posts

Posted by OngKawKaw > Oct 19, 2020 5:03 PM | Report Abuse

HEADING TO RM20 TOMORROW. GO GO GO OLE OLE OLE


cax1814
72 posts

Posted by cax1814 > Oct 19, 2020 6:19 PM | Report Abuse

Hold until RM25, will split like Topglove and Kossan.


OngKawKaw
1351 posts

Posted by OngKawKaw > Oct 19, 2020 6:33 PM | Report Abuse

ADA UNTUNG REMEMBER TO SELL SOME TAKE BACK YOUR INVESTMENT CAPITAL. ALWAYS PLAY SAFE MAH. OLE OLE OLE


DreamConqueror
5074 posts

Posted by DreamConqueror > Oct 19, 2020 6:57 PM | Report Abuse

Waah!!!


DreamConqueror
5074 posts

Posted by DreamConqueror > Oct 19, 2020 6:58 PM | Report Abuse

Up 62 sen today!!!


DreamConqueror
5074 posts

Posted by DreamConqueror > Oct 19, 2020 6:58 PM | Report Abuse

Very good!!!


DreamConqueror
5074 posts

Posted by DreamConqueror > Oct 19, 2020 6:58 PM | Report Abuse

Excellent!!!


DreamConqueror
5074 posts

Posted by DreamConqueror > Oct 19, 2020 6:59 PM | Report Abuse

Awesome!!!


DreamConqueror
5074 posts

Posted by DreamConqueror > Oct 19, 2020 6:59 PM | Report Abuse

Splendid!!!


DreamConqueror
5074 posts

Posted by DreamConqueror > Oct 19, 2020 6:59 PM | Report Abuse

Superb


DreamConqueror
5074 posts

Posted by DreamConqueror > Oct 19, 2020 6:59 PM | Report Abuse

Amazing


DreamConqueror
5074 posts

Posted by DreamConqueror > Oct 19, 2020 6:59 PM | Report Abuse

Marvellous


DreamConqueror
5074 posts

Posted by DreamConqueror > Oct 19, 2020 7:00 PM | Report Abuse

Fantastic


DreamConqueror
5074 posts

Posted by DreamConqueror > Oct 19, 2020 7:00 PM | Report Abuse

Well done


DreamConqueror
5074 posts

Posted by DreamConqueror > Oct 19, 2020 7:00 PM | Report Abuse

Congratulations


DreamConqueror
5074 posts

Posted by DreamConqueror > Oct 19, 2020 7:00 PM | Report Abuse

Keep surging


DreamConqueror
5074 posts

Posted by DreamConqueror > Oct 19, 2020 7:00 PM | Report Abuse

Good luck


KYY_Fan
27 posts

Posted by KYY_Fan > Oct 19, 2020 9:30 PM |

Post removed. Why?


Kendo Ken Hz
889 posts

Posted by Kendo Ken Hz > Oct 19, 2020 9:50 PM | Report Abuse

You mean mom.sing?


Mabel
9803 posts

Posted by Mabel > Oct 19, 2020 9:52 PM | Report Abuse

Mah Sing’s hot news - Koon Yew Yin

Investors should not buy it because it will take more than 2 years to start producing gloves and another one year to show profit, assuming its profit from the sale of gloves can cover the losses from its property business.

Covid 19 pandemic is affecting everyone’s movement and all businesses with the exception of medical gloves and medical products for the prevention of the virus.

Usually Investment Banks including MIDF have invested in so many listed companies. Most of their holdings are losing money.

Perhaps MIDF wants to promote Mah Sing because it has too many Mah Sing shares.


Winningpost
342 posts

Posted by Winningpost > Oct 19, 2020 10:39 PM | Report Abuse

Kyy is buying Mahsing when he pour cold water on it.
Reverse psychology.


Winningpost
342 posts

Posted by Winningpost > Oct 19, 2020 10:40 PM | Report Abuse

Kyy is selling Supermax and buying Mahsing.


Winningpost
342 posts

Posted by Winningpost > Oct 19, 2020 10:41 PM | Report Abuse

And he will sing a different tune next week..


Winningpost
342 posts

Posted by Winningpost > Oct 19, 2020 10:45 PM | Report Abuse

..in order to facilitate his buying and selling to maximize his profits


Mabel
9803 posts

Posted by Mabel > Oct 19, 2020 10:52 PM | Report Abuse

I will stick to the Fantastic Four irrespective if he's buying Mah Sing or not..


BeastOfTheEast
1371 posts

Posted by BeastOfTheEast > Oct 19, 2020 11:22 PM | Report Abuse

Hartalega & TopGlove push KLCI higher

https://www.thestar.com.my/business/business-news/2020/10/19/hartalega-top-glove-power-klci-higher


Winningpost
342 posts

Posted by Winningpost > Oct 19, 2020 11:31 PM | Report Abuse

Me too ..Keeping top 4 sponsored by respective CWs


Morpheus61
1107 posts

Posted by Morpheus61 > Oct 19, 2020 11:34 PM | Report Abuse

Winningpost, what does 'sponsored by respective CWs' mean ?


OngKawKaw
1351 posts

Posted by OngKawKaw > Oct 20, 2020 12:47 AM | Report Abuse

DONT BE KONGKAM WINNINGPOST. FIKIR MASING MASING. 2021 BARU START GLOVE SEKARANG SHARE FLY? PURE GORENG NAK TAKE GLOVE RIDE LAH.


FortuneBlooming
1385 posts

Posted by FortuneBlooming > Oct 20, 2020 2:08 AM | Report Abuse

Fresh interest in glove stocks lifts KLCI

https://www.theedgemarkets.com/article/klci-closes-1427-points-151811


KK
1162 posts

Posted by KK > Oct 20, 2020 7:48 AM | Report Abuse

https://klse.i3investor.com/blogs/spartan/2020-10-19-story-h1534704344-IT_S_A_TIME_FOR_THIS_GLOVES_GOING_TO_SKYROCKET.jsp


whenarmada
95 posts

Posted by whenarmada > Oct 20, 2020 9:21 AM | Report Abuse

Morning Mr. Kuan. you should be RM20 now.


PZOGRO
729 posts

Posted by PZOGRO > Oct 20, 2020 9:45 AM | Report Abuse

HARTA HARTA HARTA GO GO GO!! PERFECT 28 IN MAKING!!


benlibo
2 posts

Posted by benlibo > Oct 20, 2020 9:51 AM | Report Abuse

I reckon the only thing that would slightly the industry is a windfall tax. A correction is an opportunity.


joesephlim
52 posts

Posted by joesephlim > Oct 20, 2020 10:50 AM | Report Abuse

Harta targeting my target selling zone above 20.50 ringgit (correction of earlier post 10.50) for profit taking.

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