Highlights
KLSE: HARTA (5168)       HARTALEGA HOLDINGS BHD MAIN : Health Care
Last Price Today's Change   Day's Range   Trading Volume
8.44   +0.15 (1.81%)  8.29 - 8.48  9,586,500
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Overview

Market Cap: 28,929 Million
NOSH: 3,428 Million
Avg Volume (4 weeks):6,141,277
4 Weeks Range:8.21 - 9.65
4 Weeks Price Volatility (%):
15.97%
52 Weeks Range:8.21 - 21.16
52 Weeks Price Volatility (%):
1.78%
Average Price Target: 15.60
Price Target Upside/Downside: +7.16

Financial Highlight

Latest Quarter | Ann. Date 31-Mar-2021 [#4]  |  04-May-2021
Next QR | Est. Ann. Date: 30-Jun-2021  |  04-Aug-2021
T4Q P/E | EY: 10.03  |  9.97%
T4Q DY | Payout %: 3.93%  |  39.37%
T4Q NAPS | P/NAPS: 1.4457  |  5.84
T4Q NP Margin | ROE: 43.36%  |  58.23%

Headlines

Date Subject
15-Jun-2021 Hartalega Holdings - ASP Tapering Discounted
15-Jun-2021 Hartalega Holdings - Putting Workers’ Rights First
15-Jun-2021 Hartalega Holdings - ESG efforts well underway
10-Jun-2021 [转贴] 手套股业绩是否会继续跌?还能投资吗?~ 第一天
09-Jun-2021 Mplus Market Pulse - 9 Jun 2021
04-Jun-2021 Rubber Glove Exports Rise Additional 4.75% M-o-M, 238% Y-o-Y in April
03-Jun-2021 HARTA 季度报告更新 | (27-10-2020)
31-May-2021 Malaysian glove makers pledge full compliance to ESG practice
31-May-2021 Hartalega Holdings Berhad- All accordance to social compliance
29-May-2021 Report: US probes two Malaysian glove makers over forced labour allegations
26-May-2021 下跌股:贺特佳 RM8.98支撑
25-May-2021 Investment Strategy - FBMKLCI June 2021 Review
18-May-2021 Mplus Market Pulse - 18 May 2021
06-May-2021 The ASP Conundrum: Supermax and Hartalega Quarterly Results Notes
06-May-2021 Why Glove Stock prices are dropping? Koon Yew Yin
05-May-2021 【行家论股/视频】贺特佳 年产量将达630亿只
05-May-2021 Hartalega - Improvement in Margin Driven by Higher ASP
05-May-2021 Hartalega Holdings Berhad - FY21: End on a High Note
05-May-2021 Hartalega Holdings - Utilization rate drops in 4QFY21
05-May-2021 Hartalega 4QFY21 Results – Outperform Maintained

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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  9 people like this.
 
faralenz77 Cut loss now. Can buy back later on clear reversal.
08/06/2021 5:58 PM
RG1972 I reduce my stack in gloves from 80% to 20% and diversify into growth 5G/semiconductor stock and recovery like Tenaga.
09/06/2021 9:43 AM
bang_miskin @learningdaily my fair price for Harta is RM12 right now. But given current market sentiment on gloves price may very well fall below 8. Medium term is around 3 to 5 years, TP medium term I don't know, I no sifu. Like @faralenz77 said, better cut loss and buy when price trend. But I think Harta is undervalued now. If really fall below 7, will strongly consider selling recovery stocks for gloves, too cheap to ignore.
09/06/2021 10:07 AM
bang_miskin Last time top up Harta at 9, thought close to bottom. Guess I was wrong. Now I wait and see when price may reverse.
09/06/2021 10:12 AM
WDCQ_I_am_legend Hartalega is the safer and best bet company in glove and healthcare segment

Hartalega is the best company which exist in Bursa Malaysia

Once in a lifetime opportunity, current level is a good entry point (dollar cost averaging down strategy is the best approach)

My target full value at RM15 per share

Just my merely opinion and no buy or sell call

Thank you
09/06/2021 10:52 AM
WDCQ_I_am_legend The few great point for your consideration,

1)EPF keep buying , almost none stop

2)Major shareholder keep buying

3)Share buy back which seldom happen at Hartalega company

Judge yourself and think independent
09/06/2021 11:13 AM
RainT when the sector conception is bad

no matter how good fundamental the company is also is useless
09/06/2021 11:24 AM
RainT now the party is all switch to tech, oil etc

or there is no party now in KLCI
09/06/2021 11:25 AM
RainT Got to have holding powers to hold HARTA for long term until the party goers come back to push up HARTA
09/06/2021 11:26 AM
RainT Many factors come together when want make money in shares
just company fundamental is good is not enough though...
09/06/2021 11:27 AM
myinvestor Hartalega is recognised as a leader among 93 companies in the health care equipment & supplies industry that received AA rating from MSCI ESG Rating

https://hartalega.com.my/wp-content/uploads/2020/09/Hartalega-ILO-Factsheet-26-April-2021.pdf
09/06/2021 11:42 AM
GloveASP GLOVE STOCK IS GOOD FOR LONG TERM INVESTMENT THAT IS CORRECT, BUT JUST GET THE INFORMATION FROM CHINA PEOPLE MENTIONED AT LEAST 300 EKAR CONSTRUCTION BASE IN BULIDING, AT THE END ASP MAYBE DROP BACK TO 1 BOX USD21
09/06/2021 12:04 PM
jamestecs Pre pandemic price swing around 6-7, Harta already back to its original value. Considering ASP still high, current price is so reasonable.
09/06/2021 1:14 PM
GloveASP Malaysia Government insider news, they will decide to close all the business soo due to covid
09/06/2021 4:08 PM
Will76 KUALA LUMPUR (June 9): Top Glove Corp Bhd expects average selling prices (ASPs) of gloves to drop further in the coming month due to weaker demand from the US and lower raw material costs.

Its executive director Lim Cheong Guan noted that the ASP of nitrile gloves fell 20% in Top Glove's third financial quarter ended May 31, 2021 (3QFY21).

"The ASP adjustment was in line with market pricing trends and lesser sales volume to the US," he told a virtual press conference held in conjunction with the announcement of the group's latest quarterly results.

Lim expects lower nitrile latex prices as costs of the raw materials, namely butadiene and acrylonitrile, are expected to decline by 10% and 6% respectively between May and August.

"A lower natural rubber latex concentrate price is expected in the coming months as the wintering season ended in May 2021, and yields are expected to improve," he added.

The world's largest glove manufacturer posted a softer quarter-on-quarter (q-o-q) performance for 3QFY21.

Its net profit fell 29.03% to RM2.03 billion from RM2.87 billion for 2QFY21, while revenue shrank 22.42% to RM4.16 billion from RM5.37 billion, as the group was barred from exporting to the US.

The group said the weaker q-o-q performance was owing to a decline in ASPs by 16%, a lower sales quantity following a temporary halt in shipments to the US from Malaysia and higher latex as well as natural rubber latex concentrate prices.

On a year-on-year (y-o-y) basis, the group’s quarterly net profit jumped almost five times to RM2.04 billion from RM347.9 million a year earlier on a higher revenue.

Revenue climbed to RM4.16 billion for 3QFY21 from RM1.69 billion previously.

Despite the weaker earnings performance, Top Glove declared a dividend of 18 sen a share, including a special dividend of 5.3 sen.

Top Glove gained six sen to close at RM4.84 today, with a market capitalisation of RM39.72 billion. It saw 34.54 million shares traded.
09/06/2021 10:52 PM
calvintaneng Hello everyone

Anybody here sold harta last month at Rm9.98 & swapped to IjmPlant at Rm1.85??

IJMPLANT (2216) Rm1.86 Versus HARTALEGA GLOVE (5186) Rm9.98 COMPARE & CONTRAST THEIR PROSPECTS, Calvin Tan Research

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-05-05-story-h1564289753-IJMPLANT_2216_Rm1_86_Versus_HARTALEGA_GLOVE_5186_Rm99_80_COMPARE_CONTRA.jsp
10/06/2021 8:55 AM
RainT Support formed, shall sideways or rebound frm here
10/06/2021 9:50 AM
GloveASP UMNO insider explore if COVID case still in high position, they will execute the full lockdown immediately include non of the business ca be operated. Stanley transfer more than 2billions MYR to US ready for mew plant funding
10/06/2021 3:05 PM
GloveBurnHand 6.5 is coming soon
11/06/2021 9:40 AM
NatsukoMishima Between rm5 - 6 possible ???
11/06/2021 3:14 PM
Mini2021 Rm 4-5
11/06/2021 5:20 PM
NatsukoMishima I still think tg better than harta if both drop to rm 4 !
11/06/2021 8:40 PM
Mini2021 TG rm1-2
12/06/2021 12:46 AM
Covidcovid Hahaha
12/06/2021 12:00 PM
information Good time to short squeeze Top Glove (Malaysia)?

https://klse.i3investor.com/blogs/informationtech/2021-06-12-story-h1566192248-Good_time_to_short_squeeze_Top_Glove_Malaysia.jsp
12/06/2021 4:22 PM
RISK8888 Monday all glove stock will rise. Take opportunity to earn quick money. Dont miss the opportunity guys!!!
12/06/2021 8:48 PM
CoolBull Glovemakers unlikely to be severely impacted by softening prices

https://www.thestar.com.my/business/business-news/2021/06/12/glove-makers-unlikely-to-be-severely-impacted-by-softening-prices
13/06/2021 1:38 AM
Impression Top Glove US shot up 71%. All glove counters will fly today
14/06/2021 12:45 AM
14/06/2021 6:59 AM
milosh gloves still alive ...: https://miloshtrading.blogspot.com/2021/06/gloves-still-alive-and-well.html
14/06/2021 12:32 PM
jolynce Company keeps buying back shares, Mr Kuan keeps buying, Epf keeps buying, so I will keep buying too! :P
15/06/2021 1:32 PM
jolynce Harta standing tall and strong!
15/06/2021 4:43 PM
Mabel Yes indeed...

Meow
15/06/2021 11:45 PM
The_JQuestion harta is the best in terms of management and supporting everyone that is why their price is the highest sad to see it drop but i hope it can finally stabilise being bullied in this Bursa nobodyland
15/06/2021 11:48 PM
Lyo82 I like Harta how they walk the talk, not talk the walk. It suits me fine that they don't attract much attention from all the nonsense.. just quietly do it and produce the result at the end, good enough.
16/06/2021 1:35 PM
jeckcw Fastest production line lead to higher margin
Good business moat
16/06/2021 10:00 PM
xiaoGinna6969 Not bad, harta is worth 10x of airasia, but about the same as maybank
17/06/2021 10:04 AM
observatory It’s interesting to see the Big Four practicing different Share Buy Back (SBB) strategies.

Top Glove made headlines in Sep last year with its aggressive SBB. It had since bought about 200 million shares from a price as high as RM8 to the last batch at RM5.78 in Feb 2021. But it stopped its SBB after that even though price has become much lower (RM4.6 now).

Kossan had limited SBB from Dec to Mar. Only 6 million shares were purchased in total.

Supermax bought over 100m shares mostly last year. It distributed some Treasury shares at year end. Last SBB was Jan at price above RM6. But like Top Glove, it stopped SBB even though price has now dropped to RM3.6.

Harta only began its SBB in April this year. It has bought about 7m shares ranging from RM8.X to RM10.X

It seems that the SBBs at Harta and Kossan are more rational, and they are more aligned with long term shareholders’ interest. Either a company management doesn't do SBB; or when they buy, they should buy at lower prices. SBB at high price but stops when price goes south, while the company is still cash rich, looks either opportunistic or short-sighted.
17/06/2021 5:25 PM
jolynce they definitely gave me confidence to buy in at this level.
17/06/2021 6:51 PM
NatsukoMishima Rm 5 - rm 6 is harta actual price after pandemic !
17/06/2021 8:14 PM
jeckcw Delta+ is coming
17/06/2021 11:33 PM
Mabel Some wise words..

Many investors have the vision to spot a diamond when they see one.

Few investors have the courage to buy a diamond selling cheap. Very few investors have the VISION (to spot the diamond), the COURAGE (to buy low ) and the PATIENCE to wait for the diamond to reflect its true brilliance for a very profitable investment.

PATIENCE is the greatest jewel of every successful investor...

Meow
17/06/2021 11:36 PM
Ahmadahmad88 if tomorrow red , add some yum yum.
17/06/2021 11:40 PM
limch6229 Markets sentiment getting low for gloves... however noticed those bosses still full of confidence... SBB almost on daily basis... hopefully more news coming out related to ESG and CBP soon.
18/06/2021 11:31 AM
partimeshark Boss keep SBB.. good good good..
topglove boss long time no SBB
18/06/2021 1:16 PM
GloveASP I dare to confirm, malaysian will die in covid total 100000 above, full lockdown without any business can have more than 3 months
18/06/2021 3:47 PM
jeckcw Anticipating share split and one off special dividend in near future ,2.6 billion cash is available
18/06/2021 4:16 PM
shareinvestment7 i think is bonus issue, not share split
18/06/2021 7:27 PM
somo1 Either makes no difference. Purely cosmetic, no real impact
18/06/2021 10:21 PM
Ahmadahmad88 Beware reinforcement from Delta team, Hope Crusher.
18/06/2021 10:55 PM


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