Highlights
KLSE: HARTA (5168)       HARTALEGA HOLDINGS BHD MAIN : Health Care
Last Price Today's Change   Day's Range   Trading Volume
12.66   -0.52 (3.95%)  11.42 - 12.98  6,286,900
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Overview

Market Cap: 42,856 Million
NOSH: 3,385 Million
Avg Volume (4 weeks):14,068,437
4 Weeks Range:7.21 - 13.50
4 Weeks Price Volatility (%):
86.65%
52 Weeks Range:4.80 - 13.50
52 Weeks Price Volatility (%):
90.34%
Average Price Target: 7.74
Price Target Upside/Downside: -4.92

Financial Highlight

Latest Quarter | Ann. Date 31-Mar-2020 [#4]  |  18-May-2020
Next QR | Est. Ann. Date: 30-Jun-2020  |  06-Aug-2020
T4Q P/E | EY: 98.57  |  1.01%
T4Q DY | Payout %: 0.59%  |  58.33%
T4Q NAPS | P/NAPS: 0.7457  |  16.98
T4Q NP Margin | ROE: 14.91%  |  17.22%

Headlines

Date Subject
01-Jun-2020 1QCY20 Results Review - Preliminary Review
30-May-2020 上升股:贺特佳阻力RM13.94
29-May-2020 Hartalega Holdings - Supercharged Earnings Upcycle
27-May-2020 Rubber Gloves – Malaysia - Overweight the Sector on Better ASP & Demand Visibility
26-May-2020 [转贴] HARTA FY2020 Q4 - E.E. CAMERON
25-May-2020 Hartalega - Ending Slightly Above
25-May-2020 Rubber Products - Reflecting Greater Optimism
22-May-2020 Hartalega - Looking Forward for Next Quarter
22-May-2020 Rubber Products - More Room to Expand
21-May-2020 热门股:贺特佳上挑RM9.83
20-May-2020 [转贴] [HARTALEGA HOLDINGS BHD:NGC的6号厂已营运12条生产线中的4条,其余生产线将逐步启动。一旦建成,第六工厂的年产量将达到47亿个;第七工厂也正在扩建中,以满足小订单的需求,更多地侧重于特色产品] - James的股票投资James Share Investing
20-May-2020 【行家论股/视频】贺特佳 股价已反映利好
19-May-2020 Hartalega Holdings Berhad-Within Expectations
19-May-2020 Glove makers fall on profit taking
19-May-2020 Hartalega - Positive Earnings Outlook Priced in
19-May-2020 Hartalega Holdings Bhd-Robust Demand
19-May-2020 Hartalega Holdings -Super Bumper Year Forming
19-May-2020 Rubber Products-Reflecting greater optimism
19-May-2020 Hartalega-Ending slightly above
19-May-2020 Hartalega Holdings Berhad - Cautiously Optimistic

Business Background

Hartalega Holdings is a holding company whose subsidiaries manufacture and sell a variety of nitrile and latex gloves. The company's gloves are used in laboratories and healthcare facilities. The gloves are also sold to manufacturers of semiconductors and consumer electronics and for automotive maintenance and spray painting. The company organizes itself into six segments based on geography: North America, Europe, Asia, Australia, Malaysia, and South America. More revenue comes from the North America segment than any other.
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  7 people like this.
 
Gemstar Harta comin if break rm13.50 rm14 comin
01/06/2020 7:34 PM
Pgraduate123 Stubborn 13.50 few attempts today.... Why these sellers standing there?!!! Move your asses and park at 22.50 la.. Adoi additional 8k per lots tak mau ka?
01/06/2020 3:01 PM
Pgraduate123 Tak mau sudah... Wack you off nicely in the last 30 minutes
01/06/2020 3:04 PM
deepvalueinvesting Frozen food is also a beneficiary of COVID but nobody noticed!

Kawan Food profit up 319%
https://www.bursamalaysia.com/market_information/announcements/company...

Management is very confident about their prospect and said this in their latest QR:
"the new norm is to eat more at home. Since there are more people working from home, our convenient food remains high in demand as we provide a fast solution for the need of a
fair & square meal. Additionally, eating at home is more economical than take away or food delivery. Therefore, sales to retailers and E-commerce platforms will continue to see a strong positive trend."
01/06/2020 3:32 PM
WeLoveSarawak ALERT ALERT ALERT
ready to hantam HARTA-C41
ready to hantam HARTA-C41
ready to hantam HARTA-C41

GO GO GO!
01/06/2020 3:50 PM
bullstudent Hantam gogogogog
01/06/2020 4:02 PM
Keyman188 Unbelievable...

Now Tan Sri Kuan's Net worth standing about US$4.9 billion...

Now become top 5 in Malaysia...

Already surpassed....Tan Sri Teh (PBB) & Tan Sri Lim (Genting Group)...
01/06/2020 4:11 PM
MingGoon I am adding more harta at 13.08
01/06/2020 4:29 PM
MingGoon See you Harta tomorrow at 14.20
01/06/2020 4:29 PM
MingGoon Still got chance for you to collect Harta at this bargain price....
01/06/2020 4:30 PM
Investson where is Kim?
01/06/2020 4:30 PM
MingGoon Harta is the top dragon for Glove
TopGlove at 15.90

Harta will fly another new high tomorrow.
Cheers, Harta
01/06/2020 4:30 PM
newbie8080 Looking forward for Harta to be the largest company by market capitalisation in 2020.
01/06/2020 4:42 PM
Investson where is kim?
01/06/2020 4:56 PM
mf Indonesia reports 467 new Covid-19 cases, 28 deaths
01/06/2020 6:27 PM
bullstudent Wow Harta Watrrant C-41 drop so much
01/06/2020 6:44 PM
OngMoneyOng Pure goreng gambler take profit.
01/06/2020 6:48 PM
mf Iran kembali 'diserang' Covid-19 selepas dua bulan
MyMetroGlobal
Share

Tweet
AFP
Tehran: Iran mencatatkan hampir 3,000 kes baharu jangkitan Covid-19, angka tertinggi dalam tempoh dua bulan, dan menjangka satu lagi 'puncak bahaya' wabak membunuh itu di Timur Tengah.

"Ramai menyangka ia sudah berakhir, ada pihak berkuasa juga percaya ia kini sudah kembali seperti sedia kala.
18/05/2020 11:58 AM
Xt Peter Lee RUBBER STOCK OVER VALUE LOOK AT THE PE, BE CAREFUL THANK YOU.
01/06/2020 9:03 PM
jonathan_k Harta c42 best
01/06/2020 9:19 PM
jonathan_k low premium
01/05/2020 5:48 PM
apple168 May I ask if anyone of you using gloves daily?
A. Yes
B. No
Let’s see how many use gloves daily...
PE over 100, crazy high!
Crashing soon...
01/06/2020 9:25 PM
pspsun92 today Topglove new high, tomorrow Harta turn. See the highest 1H volume at 29/5 (16.1M) in single candle. We might see the price at $14.7 from fibo extension 1.272 after consolidation.
01/06/2020 9:46 PM
DannyArcher Covid cases still rising all over the world. They need gloves to do testing everyday, use once then throw. How many millions they test per day?

Somemore USA memorial day large gathering, now this protest big gathering. 2nd wave coming, confirm.

https://news.google.com/covid19/map?hl=en-MY&gl=MY&ceid=MY%3Aen
01/06/2020 9:47 PM
szeyeng88 yesterday i mentioned riverstone (AP4.SI) singapore glove and LITRAK (6645 highway stock) also up jor, when CMCO end, LITRAK profit everyday ,go go go !!!
01/06/2020 9:49 PM
Mabel @Xt Peter Lee RUBBER STOCK OVER VALUE LOOK AT THE PE, BE CAREFUL THANK YOU.
01/06/2020 9:03 PM

I entered the Gloves Industry when our Government announced that we are donating 18 million Gloves to China to fight C19 early this year.

That announcement by Teresa compelled to starts investing on Gloves. I decided to take her call after what she did to help our Plantation which is generating good margin at that time. Beside my O&G selections were also doing great.

So it's time to give back. Harta was the first company that came in mind based on kk7168 recommendation when we were engaged together in Greatec. This investment is followed with Top Gloves, Kossan and eventually Supermax before the rally starts.

Yes I agree all rubber stocks are now over value. Gloves currently is currently overbought...PE has already exploded way above Malaysian average

Top Glove = PE 106
Hartalega: 92
Kossan = PE 51
Supermx = PE 77

These Fantastic Four (Top Glove, Hartalega, Kossan and Supermax price) continue to climb none stop. The main reason is because all of them provide 100% medical gloves. There is a worldwide shortage medical glove.

Let's evaluate the Pros and Cons

Pros

Global demand for rubber gloves is estimated to reach 300 billion gloves this year, with an expected annual growth of 12%. Of that, 188 billion gloves will be produced by Malaysia which is the world’s largest producer and the leading exporter of rubber gloves, contributing 63% of the global supply. Most of the supply are coming from these Fantastic Four.

Everyone seems to say that Gloves counter are now overvalued. Here's the irony part, IB seems to be revising their TP upwards all the time..

According to Bloomberg data updated in May, there were 12 “buys” and 1 “hold” recommendations for Top Glove, with target prices (TPs) ranging from RM9.20 to RM20.50, implying further upside to its share price judging by the best-case estimate. Top Gloves closed today at RM 16.84.

Meanwhile, for Hartalega, there were eight “buys”, 11 “holds” and three “sells” recommendations, with TPs ranging from RM5.95 to RM16:50. Hartalega closed today at RM 13.18

Year to date, Hartalega’ share price has surged by some 140%, while Top Glove shares have leapt by a staggering 242%.

Industrial glove still excessive supply with low margin profit. Top Glove and Hartalega will go up to RM 100 per share in 5-year time.. Both will have a chance to be listed on Nasdaq and potential of USD 100 Billion market capitalisation in due time.

The market capitalisation (market cap) of nitrile glove manufacturer Hartalega Bhd, founded by Kuan, is RM31.11 billion and has exceeded that of most of the local banks, except for Malayan Banking Bhd (Maybank), Public Bank Bhd and CIMB Group Holdings Bhd.

In fact, Hartalega’s market cap is more than the combined market cap of five banks: Affin Bank Bhd; Alliance Bank Bhd; MBSB Bank, which is owned by Malaysia Building Society Bhd; AmBank, which is owned by AMMB Holdings Bhd, and Bank Islam, owned by BIMB Holdings Bhd.

Likewise, the market cap for Lim’s Top Glove Bhd, in which he owns 35.95%, has soared to RM26.41 billion, larger than that of some of the bluest blue chips, including IOI Corp Bhd, Petronas Dagangan Bhd and PPB Group Bhd.

Even the market cap of Kossan Rubber Industries Bhd and Supermax Corp Bhd have exceeded that of some of the local banks even though the banking business is far more capital-intensive than the manufacturers and the barriers to entry are much higher.

Suddenly, all these Fantastic Four are performing much better than our Established Banks.

Cons

Looking from outside, valuation of glove co is difficult to determine now as there are too many variables like ASP (average selling price), raw material price of nitrile and rubber , the exchange rate and most important composition of percentage of each sold to regular customers and spot customers. In addition, the spare capacity available before the run up of demand would determine extend of extra profit.

So back to your point, sell if you must to lock your profits. Whenever possible, do not sell all so that you can continue to enjoy this rally.

For me, it's nice when you have all the Fantastic 4 in your collection. It's a very healthy race.. Just like the race between Armada and KNM and the race between Serbadk and Dayang..

Summing up..

Earlier, some smart Alex were saying SELL in May and Go Away...

They forget, it's freezing cold up in the North Poles...Santa Gloves actually came to town in May...

These Fantastic Four Gloves Counters rockets like no business in May...

So when these smart Alex came back today in June all the Gloves trains have left..

Always stay invested and continue contributing to the Global Community. YOU will get rewards from all direction.. Trust me...

Meow
01/06/2020 10:31 PM
limitupupup Harta harta u are my harta
01/06/2020 10:38 PM
limitupupup Gilead Falls as Drug Has Only Small Benefit in Large Trial

https://www.bloomberg.com/news/articles/2020-06-01/gilead-drug-has-only-modest-benefit-in-large-trial-shares-fall

Limit up tmr
01/06/2020 11:19 PM
bullstudent Fly tomorrow
01/06/2020 11:23 PM
Mabel Fantastic Four,

I invest in you, now you go and save the world. This is your chance to make a difference. Go and save everyone from Covid19 with God's grace.

Aameen
02/06/2020 8:08 AM
Gemstar Wow just now macam roller coasters... so excited
02/06/2020 9:38 AM
kariwong9394 Bank Lastest Info :

Revision of Glove Counter Capping

COMFORT RM2.35

HARTA RM8.15

KOSSAN RM5.65

RUBEREX RM2.31

SUPERMX RM5.00

TOPGLOV RM8.64

The glove counter capping is valued at 65% base on closing price or as above and apply whichever is lower starting tomorrow.
02/06/2020 10:54 AM
zai hartalega at top formed hanging man
02/06/2020 11:06 AM
YTH888 Everyone Busy selling. No one reply.
02/06/2020 11:10 AM
troy88 What is going on? Is someone spreading fake news about capping nonsense?
02/06/2020 11:20 AM
amateurJR Lol. Of coz got some idiot spreading fake news. But correction needed to be done after rally for continuous days
02/06/2020 11:21 AM
Gemstar Heard those who use margin To buy sell .... anyway healthylah some corrections
02/06/2020 11:57 AM
youngfish Relax everyone.... The Capping as stated below is a change to how much banks are willing to lend to those investing on margin. For example before today, if a stock is valued at RM10 at closing, the bank will allow you to buy a share for 50% of that, financing the remaining RM5. With a 35% reduction, now banks will only cover (50% * 10(100%-35%)) = RM 3.25, meaning you would have to finance RM6.75 (35% up).

This is just their way of protecting themselves for those trading in a market that is only becoming more volatile due to the nature of this industry, global situation, and the extraordinarily aggresive bull run so that in the case they lose money, they won;t have to go through the trouble of collecting all that debt.

Please correct me if I am wrong, this is what I understand from the announcement.
02/06/2020 12:06 PM
youngfish Meaning those who bought on margin will have to add money to their trades, or TP.
02/06/2020 12:07 PM
YTH888 Receive the news at 8.54am. Watch in horror. Sold all my glove. Capital protection First. No mood today.
02/06/2020 12:13 PM
Mabel Don't play margin.. Buy with your extras..

Then you can sleep well

Meow
02/06/2020 12:17 PM
Goofy Please sell now before 4pm.
Those that unable to sell, it will be forced sell by the brokers due to the new margin rules.
From 4pm onwards, there will be huge selling.

Sell now and re-enter tomorrow from 2.30pm onwards.
02/06/2020 12:17 PM
GooShen Remember hengyuan ? Kikiki!!!
02/06/2020 12:18 PM
Gemstar Morning margin player already throw all their ticket Liao.... next flight we can sleep well ;)
02/06/2020 12:24 PM
amateurJR Ya just confirmed the share capping from some investment banks. Lol unaware of this since busy working this morning. Anyway I never play margin financing in my entire life.
02/06/2020 12:24 PM
presswood wow, GooShen still live, still wait at 4??? lolololo!!!
02/06/2020 12:28 PM
messi88 good rules! this is good way to protect the industry and benefit to long term holders
02/06/2020 12:29 PM
amateurJR Lol. Lionel Messi cannot play football now then come to invest in Bursa
02/06/2020 12:37 PM
messi88 Now very free and my country lack of glove supplies
02/06/2020 12:53 PM
Mabel @GooShen Remember hengyuan ? Kikiki!!!
02/06/2020 12:18 PM

Goodsun

HengYuan was lovely...

Right now waiting to collect back :)

Remember Inari... Kikiki!!!

Meow
02/06/2020 12:55 PM


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