Highlights
KLSE: HARTA (5168)       HARTALEGA HOLDINGS BHD MAIN : Health Care
Last Price Today's Change   Day's Range   Trading Volume
10.00   -0.14 (1.38%)  9.92 - 10.36  13,140,200
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Financials


Market Cap: 34,276 Million

Market Cap 34,276 Million
NOSH 3,428 Million

Latest Audited Result:  31-Mar-2020

Latest Audited Result: 31-Mar-2020
Announcement Date 30-Jul-2020
Next Audited Result: 31-Mar-2021
Est. Ann. Date: 30-Jul-2021
Est. Ann. Due Date: 27-Sep-2021

Latest Quarter:  31-Dec-2020 [#3]

Latest Quarter: 31-Dec-2020 [#3]
Announcement Date 25-Jan-2021
Next Quarter: 31-Mar-2021
Est. Ann. Date: 18-May-2021
Est. Ann. Due Date: 30-May-2021
QoQ | YoY   83.80%  |    725.94%

Annual (Unaudited) ( EPS: 12.68, P/E: 78.84 )

Revenue | NP to SH 2,923,973  |  434,782
RPS | P/RPS 85.31 Cent  |  11.72
EPS | P/E | EY 12.68 Cent  |  78.84  |  1.27%
DPS | DY | Payout % 7.41 Cent  |  0.74%  |  58.45%
NAPS | P/NAPS 0.74  |  13.58
YoY   -4.70%
NP Margin | ROE 14.91%  |  17.22%
F.Y. | Ann. Date 31-Mar-2020  |  18-May-2020

T4Q Result ( EPS: 54.90, P/E: 18.21 )

Revenue | NP to SH 5,173,902  |  1,881,896
RPS | P/RPS 150.95 Cent  |  6.62
EPS | P/E | EY 54.90 Cent  |  18.21  |  5.49%
DPS | DY | Payout % 17.51 Cent  |  1.75%  |  31.89%
NAPS | P/NAPS 1.22  |  8.22
QoQ | YoY   87.90%  |    358.37%
NP Margin | ROE 36.61%  |  45.14%
F.Y. | Ann. Date 31-Dec-2020  |  25-Jan-2021

Annualized Result ( EPS: 68.71, P/E: 14.55 )

Revenue | NP to SH 5,861,338  |  2,355,089
RPS | P/RPS 171.00 Cent  |  5.85
EPS | P/E | EY 68.71 Cent  |  14.55  |  6.87%
DPS | DY | Payout % -
NAPS | P/NAPS -
QoQ | YoY   53.99%  |    453.35%
NP Margin | ROE 40.46%  |  56.49%
F.Y. | Ann. Date 31-Dec-2020  |  25-Jan-2021



Business Performance

Business Performance (By Quarter)

Trailing 4 Quarters Trailing 8 Quarters
Available Quarters 4 Quarters 8 Quarters
Continuous Quarters Of Revenue Growth 3 / 4 75.00% 3 / 8 37.50%
Total Positive Profit Years 4 / 4 100.00% 8 / 8 100.00%
Continuous Quarters Of Positive Profit 4 / 4 100.00% 8 / 8 100.00%
Continuous Quarters Of Profit Growth 3 / 4 75.00% 3 / 8 37.50%
Continuous Quarters Of Adjusted EPS Growth 3 / 4 75.00% 3 / 8 37.50%
Total Dividend Years 4 / 4 100.00% 8 / 8 100.00%
Continuous Quarters Of Dividend 4 / 4 100.00% 8 / 8 100.00%
Continuous Quarters Of Dividend Growth 4 / 4 100.00% 5 / 8 62.50%
Continuous Quarters Of Adjusted Dps Growth 4 / 4 100.00% 5 / 8 62.50%
Average ROE 13.25% 8.81%
Average Net Profit Margin 31.77% 23.14%

Business Performance (By Year)

Last 5 Financial Years Last 10 Financial Years
Available Years 5 Years 10 Years
Continuous Years Of Revenue Growth 5 / 5 100.00% 10 / 10 100.00%
Total Positive Profit Years 5 / 5 100.00% 10 / 10 100.00%
Continuous Years Of Positive Profit 5 / 5 100.00% 10 / 10 100.00%
Continuous Years Of Profit Growth 0 / 5 0.00% 0 / 10 0.00%
Continuous Years Of Adjusted EPS Growth 0 / 5 0.00% 0 / 10 0.00%
Total Dividend Years 5 / 5 100.00% 10 / 10 100.00%
Continuous Years Of Dividend 5 / 5 100.00% 10 / 10 100.00%
Continuous Years Of Dividend Growth 0 / 5 0.00% 0 / 10 0.00%
Continuous Years Of Adjusted Dps Growth 0 / 5 0.00% 0 / 10 0.00%
Average ROE 22.16% 27.02%
Average Net Profit Margin 16.42% 19.17%

Key Result

Key Result

T4Q Annualized Annual (Unaudited) Last 10 FY Average Last 5 FY Average
Revenue 5,173,902 5,861,338 2,923,973 1,642,876 2,295,540
NP to SH 1,881,896 2,355,089 434,782 293,837 374,162
Dividend 600,186 710,833 254,109 134,555 193,021
Adjusted EPS 54.90 68.71 12.68 8.57 10.92
Adjusted DPS 17.51 20.74 7.41 3.93 5.63

NP to SH = Net Profit Attributable to Shareholder, EPS = Earning Per Share, DPS = Dividend Per Share

All figures in '000 unless specified.

EPS & DPS's figures in Cent.


Growth

Growth (By Quarter)

LQ QoQ LQ YoY CQ YoY LQ vs Average of T4Q LQ vs Average of T8Q
Revenue 58.24% 167.39% 104.84% 64.66% 112.89%
NP to Owner 83.80% 725.94% 453.35% 112.90% 249.54%
Dividend 153.17% 444.58% 188.12% 119.79% 211.11%
Adj. EPS 83.80% 725.94% 453.35% 112.90% 249.54%
Adj. DPS 153.17% 444.58% 188.12% 119.79% 211.11%

LQ = Latest Quarter, CQ = Cumulative Quarter, T4Q = Trailing 4 Quarters, T8Q = Trailing 8 Quarters, QoQ = Quarter on Quarter, YoY = Year on Year

Growth (By Year)

T4Q vs LFY T4Q vs AL5FY T4Q vs AL10FY AQR vs LFY AQR vs AL5FY AQR vs AL10FY LFY YoY LFY vs AL5FY LFY vs AL10FY
Revenue 76.95% 125.39% 214.93% 100.46% 155.34% 256.77% 3.40% 27.38% 77.98%
NP to Owner 332.84% 402.96% 540.46% 441.67% 529.43% 701.50% -4.70% 16.20% 47.97%
Dividend 136.19% 210.94% 346.05% - % - % - % -10.12% 31.65% 88.85%
Adj. EPS 332.84% 402.96% 540.46% 441.67% 529.43% 701.50% -4.70% 16.20% 47.97%
Adj. DPS 136.19% 210.94% 346.05% - % - % - % -10.12% 31.65% 88.85%

T4Q = Trailing 4 Quarters, T8Q = Trailing 8 Quarters, AL5FY = Average of Last 5 Financial Years, AL10FY = Average of Last 10 Financial Years, LFY = Latest Financial Year AQR = Annualized Quarter Result, YoY = Year on Year

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  8 people like this.
 
Hui_k_c Thanks Sifu Mabel for the explanation, i will not sell the glove stock and wail for the day to come. I started collecting Tech stock last month advise by Sifu here.
24/02/2021 3:02 PM
Plantermen Glove manufacturer's business are sustainable { next 1 - 2 years} but narket perception has changed from darling stocks to over valuations or
non performing after the spectre of glove mania. Expectations has dropped from top achievers to heap of copy cats coming from non established manufacturer brands. Big producers are viable but the latecomers may faced a dilemma of squeeze margins and lower average selling price going forward. Just my personal 2 sen view
24/02/2021 3:07 PM
Plantermen Glove manufacturer's business are sustainable { next 1 - 2 years} but narket perception has changed from darling stocks to over valuations or
non performing after the spectre of glove mania. Expectations has dropped from top achievers to heap of copy cats coming from non established manufacturer brands. Big producers are viable but the latecomers may faced a dilemma of squeeze margins and lower average selling price going forward. Just my personal 2 sen view
24/02/2021 3:07 PM
ChaseBros <<The thinker>> RSS is max 4%. What kind of power shorties have? Why don't you explain how can they do that? and how can it go PN17?

Of course the market maker and sentiment are at play now. That is when investor buy into a good fundamental stock that is greatly undervalued. How do you think Warren Buffet invest?

Anyway, it is clear that you have bigger mouth than brain. So much being a thinker.
24/02/2021 3:15 PM
fortunefire according to guru-guru, hartalega is the strongest among glove counters.... based on the technical analysis from guru-guru, hartalega worth holding it....
24/02/2021 4:15 PM
sheldon I've been catching a falling knife but with 2.68m short shares that requires squaring, I think I'm ok.
24/02/2021 5:09 PM
highlander33 #Mabel, thank you for the very detailed and meaningful sharing. Certainly holding on to the value stock.
24/02/2021 6:48 PM
Mabel Welcome highland33

Isn't short selling banned until august this year?

Bursa and SC where are you? Why are you not doing your job?

Everyone should starts filing complaints to Bursa and SC.. Why are they still entertaining these pests..

Lastly, Today our PM took the 1st vaccine. Two of the nurses who administer the jab wear our TG gloves.

With or without vaccine Gloves will still prevail

Meow Meow Meow Meow
24/02/2021 7:16 PM
ikenduit https://www.straitstimes.com/business/companies-markets/hkex-shares-plunge-most-since-2015-after-deleted-stamp-duty-report
24/02/2021 8:25 PM
Bullrunrun https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E7%96%AB%E8%8B%97%E6%8E%A5%E7%A7%8D%E5%A6%82%E7%81%AB%E5%A6%82%E8%8D%BC-%E6%89%8B%E5%A5%97%E8%82%A1%E6%8C%AB%E8%B7%8C%E5%90%8E%E6%98%BE%E9%9C%B2%E4%BB%B7%E5%80%BC
24/02/2021 10:23 PM
Pgraduate123 JPM..... Oh wow..
24/02/2021 11:41 PM
GoldenHarvest1 Government to continue assisting glove industry

https://www.bernama.com/en/business/news.php?id=1934266
25/02/2021 2:54 AM
25/02/2021 3:04 AM
GoldenHarvest1 That's very good to hear
25/02/2021 3:04 AM
GoldenHarvest1 covid-19 vaccines do not remove need for gloves & other PPE

https://www.theedgemarkets.com/article/covid19-vaccines-do-not-remove-need-wear-masks-gloves-keep-distance-%E2%80%94-chief-physician
25/02/2021 3:04 AM
MalaysiaStock who is holding gloves still......hahahahahahaha. Got vaccine, hold glove stocks.... crazy investors.
25/02/2021 9:01 AM
sheldon Mabel - I understand that Bursa/SC lifted short-selling on the first trading day of 2021 hence Harta got whacked by shorters.
25/02/2021 9:16 AM
oskchoon Company Today $. Year High. Down%
AT. RM 0.14. RM 0.30 . 54 %
Rubberex RM 1.28. RM 3.05. 58 %
Careplus. RM 1.85. RM 5.83. 68 %
Comfort. RM 2.21. RM 7.28. 69 %
Kossan. RM 3.81. RM 9.75. 61 %
Supermax RM 5.04 RM 11.90. 57 %
Top Glove RM 5.23. RM 9.77. 46 %
Hartalega RM11.40. RM 21.20. 51 %
25/02/2021 9:48 AM
Iewis888 Harta is 10.40
25/02/2021 9:49 AM
gloveharicut How low are GLOVEs compared with bullish analysts’ target prices?
https://klse.i3investor.com/blogs/gloveharicut/2021-02-25-story-h1541260249-How_low_are_GLOVEs_compared_with_bullish_analysts_target_prices.jsp
25/02/2021 10:27 AM
fortunefire Think i will start buying when it reaches 8.0+
25/02/2021 10:36 AM
oskchoon It has been attacked by the syndicate short sellers and it will continue to push down the share prices unless Bursa stop the RSS now temporarily until August 2021..
25/02/2021 11:13 AM
titan3322 Gone keep on bleeding
25/02/2021 11:15 AM
Mabel Isn't short selling banned until august this year?

Bursa and SC where are you? Why are you not doing your job?

Everyone should starts filing complaints to Bursa and SC.
25/02/2021 11:20 AM
Snowpiercer I think the pandemic has made many to realize that glove manufacturing is such a low tech....low value....low barrier to entry which warrant extremely low PE.....unless the companies can sustain high dividend yield which is not likely to .....not to mention that almost all of the them pay nothing
25/02/2021 11:24 AM
ashzzz96 stay strong my friends....
25/02/2021 12:03 PM
Can_Laugh_At_Glove_N Karma loh deserve to die
25/02/2021 12:05 PM
paktua73 hi mabel..mybe you abit miss understood..
regarding RSs n IDSs..

this is the explanation
==================
gnath_77 @looks like you didn't read in details :) only IDSS is banned... RSS is not....

IDSS - Intra-Day Short Selling
RSS - Restricted Short Selling
===================

Mabel Isn't short selling banned until august this year?

Bursa and SC where are you? Why are you not doing your job?

Everyone should starts filing complaints to Bursa and SC.
25/02/2021 11:20 AM

===============!!!!!



tut tut
dengar sama namun bukan sama
hehe
25/02/2021 12:24 PM
amateurJR This mabel alot of things also dunno wan. The act like sifu there. Meow Meow Meow
25/02/2021 12:26 PM
amateurJR GoldenHarvest always pray for Covid 19 to get worsen. One day karma will hit him hard.
25/02/2021 12:27 PM
paktua73 here how RSS means..

Regulated Short Selling (RSS)

Stock Market Guides
Bursa Malaysia, Regulated Short Selling (RSS)

Bursa
Basically, short selling means that investors sell a share without first having it. Short selling is a technique used by investors to profit from the falling price of an overpriced market.

In Bursa Malaysia, short selling is regulated under Regulated Short Selling (RSS) and Securities Borrowing and Lending (SBL) guidelines, which introduced to the market on 3rd January 2007. Prior to 2006, short selling was banned for about 8 years.

RSS means that investors sell a share without first having it, but they have to borrow it from the Central Lending Agency (CLA). CLA is an agency managed by Bursa Clearing where all lending and borrowing are taking place. Investors don’t deal directly with the CLA, but they have to go through the approved Participating Organisation (PO) or investment bank.

For those who have excess shares, you may lend it to the CLA and earn some fees.

1. How to participate in RSS?


Investor who wishes to participate in RSS must open a designated RSS trading account with a PO. All short selling transactions are to be executed through a RSS Account.

Prior to executing RSS, investors must first borrow the stocks from the CLA through the approved PO. Investors have to pay a fee and placing sufficient collaterals for borrowing.

Upon successfully borrowed the required stock, RSS will be executed by dealers at PO after receiving instruction from the investors. The order price must be higher than the last traded price of the relevant stocks. This is known as the ‘up-tick rule‘.

2. Which stocks are approved for RSS

Currently, there are 100 stocks are approved by Bursa Malaysia for RSS. Please refer to table 1 below.

The stocks were approved based on the following criteria,

average daily market capitalisation must exceed RM500 million for the preceding 3 months
at least 50 million shares in public float
average monthly traded volume must exceed 1 million units for the preceding 12 calendar months
List of approved stocks for RSS is updated every 6 months.

3. Suspension of RSS

Total short position of an approved stocks is limited to 10% of the total number of the shares. When the limit reach, RSS activities on that stocks will be suspended for 4 market days.




tut tut
short explain
25/02/2021 12:38 PM
nokchin Gamestop 2.0 is happening in USA Wall Street yesterday.
So let us do the same short-squeeze to Glove counters, again.
25/02/2021 2:23 PM
Silentreader88 RM2 million ringgit in at 10.10 just now, and stochastic for all gloves are really in severe state. Lets in, follow MM
25/02/2021 3:15 PM
Mabel Noted and thanks Paktua

I missed the RSS part.. Now Mabel understand..

Meow
25/02/2021 4:50 PM
alphajack This is a RM8 stock tq
25/02/2021 7:29 PM
sheldon TQVM Paktua73 on the RSS guidelines
26/02/2021 10:45 AM
titan3322 Below 10 on the way
26/02/2021 2:46 PM
goreng_kaki 关进安一天不被问候家人不爽。。。
废物老不死
26/02/2021 3:35 PM
fortunefire broken 10.... tp 8++ then good buy
26/02/2021 4:17 PM
TalkC really will drop to RM 8.5 by JP morgan?
26/02/2021 4:19 PM
nuilam hali Listen what jp Morgan say haha.they ask you to you buy, they predict something you listen to them. As though jp Morgan is your god
26/02/2021 5:10 PM
Kevin Tam It looks like not only Kenanga always giving inaccurate target prices for many counters since 2 years ago ; larger n more reputable research houses like Cimb n HL research also like to give high target prices than last time , from the past 5 months experience of being influenced by local research houses, it really looks like foreign research houses r far more accurate in giving target prices to top 4 glove counters.... :)
27/02/2021 1:55 PM
Kevin Tam Those research houses upgraded n lifted target prices of top 4 glove counters every week during last Aug to last Dec should be one of the main factors that glove counters gone up the super high price level during Sep to Nov of 2020..
27/02/2021 1:58 PM
signn top glove n supermax wanna cabut dy. i guess only left harta n kossan in klci index later
27/02/2021 2:03 PM
Hazzyy Don’t always use karma to preach someone to suffer. Pray for others to gain light and wisdom and not one to see someone get punished .one never gain by seeing sufferings .
27/02/2021 2:40 PM
Kevin Tam Agree with snowpiercer that glove industry has low barrier of entry n even though Harta considered as most innovative among glove counters, don’t deserve to use PE of 33-40 to calculate target prices ( pre pandemic period ); besides excessive of production in 2022 after expansion , prices of latex n petroleum by products for nitrile gloves will go up gradually as well ...
27/02/2021 4:00 PM
katsul51 Well said Hazzyy.
27/02/2021 6:17 PM
katsul51 https://ourworldindata.org/covid-vaccinations

Long way to go to archive Herd Immunity
27/02/2021 9:43 PM
beso vaccination does not require to wear glove.
https://www.cdc.gov/vaccines/hcp/acip-recs/general-recs/administration.html
28/02/2021 9:03 PM
huat8787 https://www.sciencemag.org/news/2021/01/viral-mutations-may-cause-another-very-very-bad-covid-19-wave-scientists-warn
28/02/2021 11:22 PM