Highlights
KLSE: HARTA (5168)       HARTALEGA HOLDINGS BHD MAIN : Health Care
Last Price Today's Change   Day's Range   Trading Volume
12.02   0.00 (0.00%)  0.00 - 0.00  0
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Overview

Market Cap: 41,200 Million
NOSH: 3,428 Million
Avg Volume (4 weeks):9,914,072
4 Weeks Range:10.24 - 13.30
4 Weeks Price Volatility (%):
90.38%
52 Weeks Range:5.67 - 21.16
52 Weeks Price Volatility (%):
56.81%
Average Price Target: 21.12
Price Target Upside/Downside: +9.10

Financial Highlight

Latest Quarter | Ann. Date 30-Sep-2020 [#2]  |  27-Oct-2020
Next QR | Est. Ann. Date: 31-Dec-2020  |  11-Feb-2021
T4Q P/E | EY: 41.14  |  2.43%
T4Q DY | Payout %: 0.80%  |  33.05%
T4Q NAPS | P/NAPS: 0.9772  |  12.30
T4Q NP Margin | ROE: 26.25%  |  29.90%

Headlines

Date Subject
20-Jan-2021 GLOVEs rebound on expanded MCO
19-Jan-2021 Supermax compares with Hartalega - Koon Yew Yin
18-Jan-2021 Hartalega Holdings - Beneficiary of Laggard in ASP
17-Jan-2021 THIS FISH IS UNDERCOOKED : FINDING 18x FLAWS IN JP MORGAN'S BEARISH REPORTS ON GLOVES
16-Jan-2021 Is the Big Gloves Short Over?
16-Jan-2021 HARTA ~ Valuation by Discounted Model
14-Jan-2021 Evidence that prove JP Morgan's Jeffrey Ng analyst report on Glove is irresponsible and materially full with unreliable data
13-Jan-2021 Glove - Earnings will peak in 1H2021
13-Jan-2021 JP Morgan tells clients GLOVEs ain’t needed during vaccinations
13-Jan-2021 Top Glove - Serious, Material Inconsistencies with AmInvest's Report
13-Jan-2021 Glove Sector - Earnings will peak in 1H2021
12-Jan-2021 BIG FOUR GLOVEs offer plenty of upside: Kenanga
12-Jan-2021 Gloves: Zero Short Positions Closed for the Entire Last Week
11-Jan-2021 Short Selling - Rubber Gloves: Bungee Bounce
09-Jan-2021 上升股:贺特佳 阻力RM14.10
09-Jan-2021 Gloves: The Bad Guy Loses (From Time to Time)
08-Jan-2021 GLOVEs oversold? Maybe, judging by analysts’ target prices
08-Jan-2021 Traders Brief - Grossly oversold; Building base near 1560-1570 levels
07-Jan-2021 疫情恶化估值诱人 手套股全线上扬
07-Jan-2021 Mplus Market Pulse - 7 Jan 2021

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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  8 people like this.
 
SteadyT Look at the sell queue, blatant daylight manipulation.
20/01/2021 3:49 PM
noobinvestor98 What happened to Bursa? Company with good fundamental is heading to south?
20/01/2021 3:56 PM
20/01/2021 5:05 PM
RiverOfSilver Chinese health experts advise Australia to halt approval for Pfizer vaccine following Norwegian deaths

https://www.globaltimes.cn/page/202101/1213297.shtml
20/01/2021 5:05 PM
RiverOfSilver WTF, man!
20/01/2021 5:05 PM
RiverOfSilver Oh dear
20/01/2021 5:05 PM
RiverOfSilver So what comes up next then?
20/01/2021 5:06 PM
DreamConqueror Whoa!!!
20/01/2021 6:50 PM
DreamConqueror HartaLega expected to post record 643% jump in qrtr pat

https://www.thestar.com.my/business/business-news/2021/01/20/hartalega-likely-to-see-record-643-surge-in-earnings

forecast qrtr pat 900 mil
20/01/2021 6:51 PM
20/01/2021 6:52 PM
DreamConqueror Wow, man!!!
20/01/2021 6:52 PM
DreamConqueror Phew!!!
20/01/2021 6:52 PM
DreamConqueror Holy crocodile!!!
20/01/2021 6:53 PM
DreamConqueror Crikey!!!
20/01/2021 6:53 PM
DreamConqueror WTF, man!!!
20/01/2021 6:53 PM
DreamConqueror Phuallahmak!!!
20/01/2021 6:54 PM
DreamConqueror Awesome
20/01/2021 6:54 PM
20/01/2021 6:54 PM
DreamConqueror Splendid
20/01/2021 6:54 PM
DreamConqueror Amazing
20/01/2021 6:55 PM
DreamConqueror Fantastic
20/01/2021 6:55 PM
DreamConqueror Brilliant
20/01/2021 6:55 PM
DreamConqueror Wonderful
20/01/2021 6:55 PM
DreamConqueror Fabulous
20/01/2021 6:56 PM
DreamConqueror Glovehating monkeys gang guys can go get lost fugk off go chasing panic buying all them shhitty krappy multi-billion loss making recovery theme stocks

What do I care

They can be my guest by all means
20/01/2021 6:58 PM
katsul51 https://www.nst.com.my/news/nation/2021/01/658817/health-dg-daily-covid-19-cases-msia-reach-8000-march
20/01/2021 8:43 PM
linheng Quarter result out on this coming Monday Noon.
20/01/2021 9:32 PM
linheng Hope they declared a good divident and maybe throw in some free warrants. This will catch the Short Seller with their pants down
20/01/2021 9:34 PM
gemfinder https://www.theedgemarkets.com/article/pfizer-vaccine-appears-effective-against-coronavirus-variant-found-britain-%E2%80%94-study
20/01/2021 9:36 PM
RiverOfSilver According to Malaysian Rubber Glove Manufactuters Association (MARGMA), global glove demand is about 330 billion pieces per year & estimated to grow at 10% annually
20/01/2021 9:47 PM
RiverOfSilver For 2021 global glove demand is expected to grow to 396 billion pieces versus the total production capacity of Malaysian glove factories of 280 billion pieces
20/01/2021 9:48 PM
RiverOfSilver While for 2022 global glove demand is expected to expand further to 475 billion pieces against the projected total production capacity of Malaysian glove factories of 363 billion pieces
20/01/2021 9:48 PM
RiverOfSilver While also, a research analyst from a local IB has also written that covid-19 vaccine deployment could in fact add another further new demand source of 18 billion pieces per year, assuming that 60% of the world's 7.5 billion people gets their vaccine in two doses annually
20/01/2021 9:49 PM
RiverOfSilver Today, the demand for rubber gloves is so overwhelming that major rubber glove manufacturers have an order waiting list of more than 12 months
20/01/2021 9:49 PM
gemfinder https://klse.i3investor.com/blogs/savemalaysia/2021-01-20-story-h1540067468-Gloves_not_required_Ismail_Sabri_says_after_online_video_of_police_fini.jsp
20/01/2021 9:51 PM
RiverOfSilver Chinese health experts advise Australia to halt approval for Pfizer vaccine following Norwegian deaths

https://www.globaltimes.cn/page/202101/1213297.shtml
20/01/2021 9:51 PM
pertamina Only coward like muhyiddin wearing gloves. Vaccines coming soon. No need mco and coward gloves.
20/01/2021 10:04 PM
John8882020 Insider news very very very good qr coming...... Plus bonus issues. 2morrow sapu kaw kaw on HARTA. Sure Huat Kaw Kaw liao. Big fat CNY.... Huat ah......
20/01/2021 10:10 PM
pertamina Bxbi punya gemfinder. I never see public people wearing gloves.
20/01/2021 10:10 PM
bullpiano Is it a classic "short and distort" campaign????

4/Jan
Shorties short sell 106mil TG shares.
TG Share price downfall from RM6.10 to RM5.50
% of Total TG Net Short Position 1.52%

6/Jan
TG closing price RM5.76

7/Jan
“US investor in Malaysia’s Top Glove raps board of directors over worker safety” at 3:11pm
“The vote against Top Glove’s INEDs amid migrant workforce woes” at 3:21pm
“MSWG: Local institutions should emulate Blackrock’s sternness By Devanesan Evanson” at 3:23pm
“Don’t take Blackrock and Norges Bank’s rebuke lightly, groups tell Top Glove” at 3:25pm
4 desperate post within 20min hoping to press down the price
TG closing price RM5.80

8/Jan
TG closing price RM6.50
% of Total TG Net Short Position 2.62%

13/Jan
“Glove Sector - Earnings will peak in 1H2021” reported by AMInvest
“Glove bear JP Morgan tells clients gloves ain’t needed during vaccinations”
Posted in Theedgemarkets.com
TG closing price RM6.63

17/Jan
“Canadian TV shows secret camera footage from Top Glove factory” posted in FMT

18/Jan
TG closing price 6.34
% of Total TG Net Short Position 2.76%
TG Total Net Short Position (Volume) 225mil
20/01/2021 10:24 PM
John8882020 Time to buy in HARTA liao. Big fat Angpow coming liao. Don't run chicken lo.
20/01/2021 10:24 PM
John8882020 Time for glove counters again lo. Day day tech stock already tooooo high liao lo...
20/01/2021 10:26 PM
bullpiano 4/Jan
TG Open RM:6.10 Close:RM5.50
Shortist had to spend RM573.22 mil with 106mil shares to bring down TG by RM0.60
Shortist average cost was RM5.40

Up to date, shorties had spend RM1.241 bil with average selling price of RM 5.247 ( not considering some position that had been closed)

Assuming that shortist TP is RM4.247 to make RM1.00 (19%) profit.
How many shares do they need to short in order to hit the TP?
By Bursa rule maximum Net Short Position is 4%
As on 18/Jan, TG Net Short Position 2.76%.
Room for shortist is 4% - 2.76% = 1.24% = 103 mil shares
But today (20/Jan) TG closing price is RM6.14, isn’t that shortist have very limited room to push down until hitting the TP price?
Do shortist have other strategy to press down the price?
20/01/2021 10:28 PM
John8882020 HARTA is my top pick now. Super record qr +bonus coming soon...
20/01/2021 10:28 PM
Targeted .
Requests for nitrile gloves doubled between November and December, reflecting the increasingly severe glove shortage


Twice as many gloves were requested from Get Us PPE in November as in October.

The global demand for nitrile gloves has reached 585 billion this year according to the Health Industry Distributors Association, but manufacturers are only able to produce 370 billion at current levels.

https://getusppe.org/nitrile-glove-shortage/

>>>>>>>>>>>>>>

The business-end is what matters......

Mouth watering prospects.......... Yum! Yum!
20/01/2021 11:02 PM
ProsperousRealm Aah got good news for gloves
21/01/2021 4:20 AM
ProsperousRealm Don't throw your glove stocks yet
21/01/2021 4:21 AM
ProsperousRealm Invesment analyst expects glove stocks to perform strongly in 2021

https://www.freemalaysiatoday.com/category/nation/2021/01/20/dont-take-off-glove-stocks-yet-says-analyst/
21/01/2021 4:22 AM
ProsperousRealm So, you see, gloves only suitable for serious mature intelligent sensible smart patient long term investors
21/01/2021 4:22 AM
ProsperousRealm Gloves not suitable for short term panicking frenzied gambling monkeys
21/01/2021 4:23 AM


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