once Harta announce bonus issue in the coming quarter report, the sky is the limit liao !!!!

Whoever follows KYY's calls, mostly ended up in Holland !! LOL

Harta top gainer no.1 gain today !!!
If next week everyday Top gainer no.1 ( +1.00 to 1.50 per day ), all shareholders here will HUAT lah !!!!

Harta is Top gainers No.1 today !!
The glove giant has woken UP !!!!!!!!

@ Universeck
Judging by how KYY & the gangs "pump & dump" operation, when they want to press down the counters for them to collect cheap, they will publicly talk down the share with 1001 reasons,
when they want to off load the counters, they will publicly talk up the shares with 2002 reasons !
KYY & the gangs have been jumping from comfort , to supermax , then top gloves , then comfort , now supermax !
I won't be suprise this gang have been quietly accumulating Harta, and once they collect enough volumes, he will publicly talk up harta with 3003 reasons !!
SO once KYY talk bad about one counter ... meaning .... they are in accumulating mode !!

one quarter lost 30 millions, 10 quarters of 30 millions loss , all cash 300 millions burnt ??
Jia Lat liao lah !!!

Ah Kuan keeps buying non stop these few days !! He will suport you until kaw kaw lah !
Don't worry !!!

Looks like all glove counters are going to have strong rebound while all vaccine counters will go LIMIT DOWN today !!!!!

"Our 3QCY20 Top Picks are: BJTOTO (OP; TP: RM2.40), D&O (OP; TP: RM1.20), GENM (OP; TP: RM2.75), HARTA (OP; TP: RM26.22), HLBANK (OP; TP: RM17.00), MPI (OP; TP: RM18.80), PWROOT (OP; TP: RM2.75), RHBBANK (OP; TP: RM5.75), SUNCON (OP; TP: RM245) and TENAGA (OP; TP: RM13.90). "

Kenanga's report :- Harta s TP = RM 26.22

@ Iamnotasifu,
my bet is they will announce bonus issue (1:1) at next QR (middle of Nov,20) when they announce super ASP with EPS of at least 18 cent (up 300% from 6 sth cts the pervious one) , most analysts estimated forward annual EPS will be around 80 cents, 80 cts X EPS of 35 ( past few years eps ratio) will give you value of RM28.00.
they will start to increase their ASP (parallel with the market price) after the end of lock-in period with most MNCs come this Q and next Q. Bearing in mind for the past 10 over years, they are able to produce the best profit margin amongst top 4.

"For Hartalega, we believe that its earnings in coming quarters would see a sharp
increase, as their ASPs were still below market rate in 1H20 given it had locked in
its sales prior to the outbreak of COVID-19. "

Affin Hwang 's TP = 28.80 !!

Head and shoulders ?
Dickhead and kuku-balls-shoulders lah !!
Now dickhead berkembang liao >>>>>>>>>>
LOL

Harta will have lowest ASP going forward because they don't want to offend MNC companies !!
so their EPS will drop to 1 sen only !!!! Quickly dump dump dump the shares !!!!!

Careplus, HLT, rubberex , comfort's revenue & profit will overtake Harta next QR !!
Quickly dump dump dump the shares !!!!!

Harta next Q will report EPS of 1 sen only i think !!!
Quickly dump dump dump the shares !!!!!

"Henry8833 Careplus latest quarter ended June 2020 EPS is 6.7 sen vs Harta 6.49 sen. Careplus is around RM 3.45 vs Harta RM 15.50....

Harta is so much overvalued...
02/09/2020 2:55 PM "

Yes you are right !! Harta only worth 3.45 !!
Quickly dump dump dump the shares !!!

Will drop to RM5.00 soon !! Quickly run run run !!!

F8ck !!!!

the above EPS computation is faulty, as you fail to dig further to consider some earning contained "one off" exceptional gains and might not sustainable in the next quarter !
For smaller glove companies, their forward EPS might fluctuate more than big 4 (traditionally showing steady and reliable EPS & growth !)

Simple logic :- Hartalega & Kossan is the last laggards in glove sector, Supermax & TG already peaking with their fantastic results !
All glove companies investors , ask yourself this one wise question :- do you still want to crazily chase up overvalue glove counters or slowly sapu-ing under value glove companies ??

"However, he believes ASPs will remain elevated until 1Q next year.

“Earnings for 3Q and 4Q2020 will still go up, especially for big players such as Hartalega Holdings Bhd and Kossan Rubber Industries Bhd because of their timing in raising ASPs.

“Supermax Corp Bhd raised its ASPs first, then Top Glove Corp Bhd, followed by Hartalega and Kossan. If ASPs come down, Supermax will be hit the most as its ASPs are the highest; this is also why Supermax’s share price has gone up the most,” he explains.

Year to date, shares in Supermax have shot up 1,301%, while Top Glove, Kossan and Hartalega added 406.8%, 246.2% and 192.3% respectively. "

https://www.theedgemarkets.com/article/selling-prices-gloves-remain-high-show-signs-peaking

Extract from an analyst's report in the edge today, that explains why Harta is still "laggard" !
That means HL just raised up their ASP, so the next Q's result will be very good !!
next Q's result exceed expectation then the share price will shoot UP for sure !!

Why owner buy back their own share ?
Very simple ! They see value in their own shares at the current price !
He knows the company in side out and understand there is growth there and rather put 25Mil cash back to own company than investing some where else !!

As for bonus issues, you can judge by their previous practice, I just checked their record, they are keen to give bonus issues once the company make huge profits , they gave bonus issues of 1:1 at 2010, 2012, 2015, 2018 !! almost every 2-3 years ! therefore bonus issue will be announced soon for sure, either this year or next year !!

https://klse.i3investor.com/blogs/gloveharicut/2020-08-17-story-h1512390724-TAN_SRI_DR_LIM_WEE_CHAI_spend_more_than_RM21_million_to_buyback_TOPGLOV.jsp

read this

HL s past 2 quarters result were delivered below expectation, I am very sure next Q will deliver a "above expectation" result !!

Last week TG boss Lim wee Chai also bought back share worth RM21 mil but the news have been published and spread everywhere !!
HL boss Kuan Kam Hong bought back share worth RM25 mil (even more money) but nobody talk about it ??

I found it strange ! HL do things with low profile !!

Didn't you notice big boss Kuan Kam Hong sapu big last week ? RM25 mil worth of share wallop-ed by him !!
If no good news, big boss buy back share for what ??

Very sure, bonus issues announced soon or the next QR result will be very very good !!
AGM 15-9 right ?? wait for good news !!!

Also one director accumulating recently !
They must have known sth which is very good for the company !

According to past 1 week , the big boss Kam “taruh” around RM25 mil alone to buy back own shares !
Nobody commented about that here ??
Tiny farts from bosses from TG & Supermax will spread virals all over the place whereas HL being low profile and be neglected !
Seems like sth is brewing ! Hold until AGM and wait for good news ! Bonus issue ?
It won’t stay laggard for long , it is time for HL to shoot up .... SOON !!

Big Boss keep buying non stop !!
Be patient and you will be rewarded !!

oil and gas counters will shoot up in 1st half 2021 !! Be patient !!

Maybank IB sees good prospects in 2021 for mid-cap financial/banking, glove, healthcare, oil and gas, tech stocks
Author: savemalaysia | Publish date: Sat, 15 Aug 2020, 3:32 PM

KUALA LUMPUR, Aug 15 — Maybank Investment Bank (Maybank IB) says it sees bright prospects in 2021 for mid-capitalised stocks in the financial/banking, glove, healthcare, oil and gas as well as technology sectors.

Retail research head Tee Sze Chiah said as it is four months before the end of the year, it would be to late to join the glove rally this year, though there are opportunities next year for some sectors.

“The first is mid-capitalised financial or banking stocks, because financial stocks behave or react positively to economic growth.

“This year I think economic growth and gross domestic product (GDP) growth is definitely not positive, but next year we do expect recovery, so during the time, you do expect banks to pick up as businesses and consumers start to spend, and basically demand for financial products will increase hence the profitability of banks will also pick up,” he told reporters at the Market Outlook Second Half of 2020 (2H2020) Webinar here today.

Secondly, he said, the glove and healthcare sectors would continue to do well in the first half of 2021.

“The first half and the upcoming quarterly results should continue to stay strong, because this basically reflects the current backlog that they have in hand right now.

“So for the next few quarters it will stay strong and hence the share price rally momentum will continue until the first half of 2021, but coming into the second half, you need to be wary, (as) this is where you need to see (whether) Covid-19 vaccines are there and we do expect demand to normalise,” said Tee.

Thirdly would be the oil and gas sector, he said, adding that Maybank IB analysts are expecting higher oil prices and the momentum should be there.

Another sector to look at is technology as 5G adoption is a long-term prospect, but in this case, stock-specific moves are very important, he noted.

It (5G) will not benefit the whole semi-conductor industry in Malaysia, Tee said, pointing out that Malaysia is one of the low-cost, lower-value chains among the semiconductor sector and there could be one or two that could benefit.

Meanwhile, senior chartist Nik Mohd Ihsan Raja Abdullah said during the last few years, the oil and gas sector saw a lot of under-investment, with capital expenditure for global oil production actually being quite low.

“When the demand starts to come in, supply can’t keep up with the demand, and that would lift oil prices higher,” he said, adding that in 2021 quite a number of oil and gas stocks would be up for trade. — Bernama

Maybank IB sees good prospects in 2021 for mid-cap financial/banking, glove, healthcare, oil and gas, tech stocks
Author: savemalaysia | Publish date: Sat, 15 Aug 2020, 3:32 PM

KUALA LUMPUR, Aug 15 — Maybank Investment Bank (Maybank IB) says it sees bright prospects in 2021 for mid-capitalised stocks in the financial/banking, glove, healthcare, oil and gas as well as technology sectors.

Retail research head Tee Sze Chiah said as it is four months before the end of the year, it would be to late to join the glove rally this year, though there are opportunities next year for some sectors.

“The first is mid-capitalised financial or banking stocks, because financial stocks behave or react positively to economic growth.

“This year I think economic growth and gross domestic product (GDP) growth is definitely not positive, but next year we do expect recovery, so during the time, you do expect banks to pick up as businesses and consumers start to spend, and basically demand for financial products will increase hence the profitability of banks will also pick up,” he told reporters at the Market Outlook Second Half of 2020 (2H2020) Webinar here today.

Secondly, he said, the glove and healthcare sectors would continue to do well in the first half of 2021.

“The first half and the upcoming quarterly results should continue to stay strong, because this basically reflects the current backlog that they have in hand right now.

“So for the next few quarters it will stay strong and hence the share price rally momentum will continue until the first half of 2021, but coming into the second half, you need to be wary, (as) this is where you need to see (whether) Covid-19 vaccines are there and we do expect demand to normalise,” said Tee.

Thirdly would be the oil and gas sector, he said, adding that Maybank IB analysts are expecting higher oil prices and the momentum should be there.

Another sector to look at is technology as 5G adoption is a long-term prospect, but in this case, stock-specific moves are very important, he noted.

It (5G) will not benefit the whole semi-conductor industry in Malaysia, Tee said, pointing out that Malaysia is one of the low-cost, lower-value chains among the semiconductor sector and there could be one or two that could benefit.

Meanwhile, senior chartist Nik Mohd Ihsan Raja Abdullah said during the last few years, the oil and gas sector saw a lot of under-investment, with capital expenditure for global oil production actually being quite low.

“When the demand starts to come in, supply can’t keep up with the demand, and that would lift oil prices higher,” he said, adding that in 2021 quite a number of oil and gas stocks would be up for trade. — Bernama

KYY just posted :-
" As a result, many people called me to express their concern. Mr Ooi Teik Bee ranged me last night to seek my opinion. We are also wondering why all the glove stocks should be dropping so rapidly in tandem in the last few days. In most cases, one stock might drop but the other might go up instead. It looks like all the Investment Banks ganged up to push the glove share prices down so that they can continue to collect at cheaper prices. "

If you never play with warrants, you can sleep well and wait for the long term gains !
conclusion :- If all warrants or glove share price keep going up, how the IBs make money ?
They ganged up and press down to slaughter all weak-holders or newbies !! as simple as that

How can share price keeps going up non-stop ?
Need time to take a rest, profit taking, correction etc ....
If all glove counters keep going up without correction, then we all must be very worried then !! (this thing can only happen in heaven or your sweet dream !)
We are still alive in planet earth ! LOL

If you want to order any glove today, you need to pay deposit of 30% with 300%-above the price you get in January, 20 and .... queue for 1 year & more to get your delivery !!
If you want your glove urgently, pay spot-price of 30% on top of the above inflated price !!
Over supply ???

0.5. 150 mil

Harta's CEO is quietly plotting all those expansion with an ambition .... (less talk more action !)
that's why the share price remain laggard ! (best opportunity to collect at cheap!)
Comparing to TG's CEO can't wait to tell reporters any single tiny matter in order to boost share price !! (attracting too much attention from investing public and fried UP the price d !)

All this while, Harta have been losing out to TG in terms of volume of production, but Harta's technology, automation and innovation of products is the best in the market !
Imagine, if they can increase their volume (what that are doing now by acquiring land for expansion aggressively to target 95 billions piece (almost TG's 100b output) with lesser cost so better pricing in competition , they will rival TG strongly and TG might lose out eventually !

It will be Harta, not TG , that will achieve Fortune Global 500 .. first !! (if TG can still catch up later )

For long term investors, they always earn much more than short term traders !
If choose a right fundamentally strong company, easily 1000% returns in 5 years !
Go and check with Warren Buffet & the gangs, you will know

For traders, today you win big, but tomorrow you also lose big, win win lose lose, plus plus minus minus, most of them faded and disappeared from the market eventually if crisis comes !

“The existing expansion in NGC Sepang is scheduled to be completed by 2021. Upon completion, the annual installed capacity will increase to 44 billion pieces.

“Coupled with the previous acquisition of 95 acres of land in Banting to build NGC 2.0, total annual installed capacity will increase to 95 billion pieces upon completion by year 2027,” it noted.

Soon, Harta will overtake TG as the biggest glove makers in the future !!

With their well-managed operation and younger/hungrier CEO and team, they might eat into TG's market share in the future (when the demand for glove is down ). TG experiencing bad reputation in US & western countries whereas Harta's reputation getting better and better by not overcharging their MNC clients !! The CEO has a very good foresight and aiming for long term business growth !

BY 2027, the share price will definitely worth RM200 at least !! IF you have the patient to hold that long !

If Harta continue to stay laggard, and when foreign funds are back, they will surely SAPU it !!

Even if Harta announced a below-expectation-profit in the coming QR, it will only cause a minor knee jerk reaction the next day, few days later, the price will continue to go UP . My observation when market players are riding with the thematic trend !!

IF most foreign fund managers come back to invest in Bursa, the first counter they want to SAPU is definitely HARTALEGA !!!

Don't worry about UB's TP etc, it doesn't make any sense no more !!
average TP is 20, if millions or billions of crazy hot money hit the glove counters , sky is the limit !!

Bearing in mind, now only retailers are f*cking around with glove counters, that's why small cap gloves have a crazy surge, foreigners have been withdrawing from Bursa from the past few months, once they come back and notice Harta (used to be foreign fund managers favourite ) still a laggard, just think what would they do ??

Glove & PPE gone crazy liao !!
either you make tonnes of money following the crazy tide or being walloped by sharks at the end !!

Trade with Cautious lah !!!

Forget about their QR , 100 mil, 200mil or even 800 mil !
This is what happen to glove counters in the past few days :-

Esceram :- QR announced with loss, panic selling the next day,... yesterday & today LIMIT UP
HLT :- QR announced with chicken feed profit with history of substantial loss (almost PN4 company) ... LIMIT UP for few days
Careplus :- QR surprising the public (only one Q of huge profit with habitual losses in the past) , LIMIT UP for few days
Comfort :- IB gave a latest TP of 4.80, our legendary KYY openly dumped all shares at 4.00 + and switch to TP... now share price shoot up to 7.20 and rising ...
Rubberex :- big boss want to sapu all shares at 1.80. now also UP UP UP to 7.00 ++

Throw off what fundamental rules, analysis you learned before to the dustbin and DANCE with the sharks and innocent newbies !!

Welcome to crazy hot money party !! MUSIC >>>>>>>>>

The only rule applied in Bursa nowadays is this one :-
The greatest fool theory :- buy higher and higher and see who ends up being the greatest fool ! LOL

Don't worry about the QR , fundamentals , accounting analysis !
My observation is nowadays there are too many hot, foolish, crazy, newbies money in the share market !!
Whenever they see the f*cking word of "glove" "PPE" , those crazy people will jump in as if there is no tomorrow !!
Even the qr is below expection, reduced profit, even making loss, public ( all stock gurus, analysts, even respectable writers) will find an excuse to say otherwise to justify the high price !!
All those experts also go crazy and blinded by greed already !

I believe once those crazy hot money finished off with small glove counters, they will spill over to f*ck with laggard top 4 !!
So what should we do ?
Just sit on it and enjoy the crazy ride but always always remember this sober sane quote from warren buffet : " be fearful when others are greedy !"
When the time is the right, remember to jump off this crazy ride before the disaster hit ! ( eventually will kill off many people just don't know when !)

Harta are the same giant size of TG, TG can deliver x3 profit growth, so will Harta !
Most analysts' think !

Harta has been a laggard amongst the big 4 is because their last QR (up to March, 20) did not show huge profit , whereas the rest of the glove companies are reporting their QR (mostly up to May, June 20 etc ) with X2 or X3 profit growth !

Hope their QR up to June, 20 (to be announced next week ?) can show x2 , x3 or even x4 + profit growth then all IBs will be queueing up to raise the TP already lah !!