Yes, whilst RM1.50 may seem to be attractive, Simply Wall Street's TP is now RM1.11 i think.

One thing for sure, until EPF stops selling, the price will continue to go down.

The only consolation for me is that since selling Harta albeit at a great loss even after taking into account the dividends earned over the past 1.5 years, I don't have the urge to look at it anymore. Just have to move on.

EPF keeps selling.

EPF keeps selling, but price holding up. Someone must be buying?

Top Glove mopped up by the family la. Harta bosses smarter?

Kenaga used to be the most bullish amongst analyst on Harta. Even they have reduced their TP to RM2.90. I can't imagine what the other analyst will do next. Would be surprised if JP Morgan reduces it to RM1.50, if they haven't already done so.

Well it should be very interesting to see. Of course, I may be wrong and the SP could very well shoot up from here. I shall watch from the sidelines.

Cant seem to break the habit of watching this counter although I've sold it all already.

consider

I will considering re-entering Harta at RM1.50. By then Top Glove will probably be RM0.50.

At RM1.50, I'd be able to buy twice the amount of shares I had when I exited and that would give me a better chance to recover some of my losses in this counter over the long term.

When all this supply and demand imbalance is over, Harta and Top Glove should still be around.

Its just that in the short/medium term, I think it will continue to drop as long as big players like EPF and other funds continue to sell.

How I wished I had sold earlier and what an expensive lesson it has been for me.

Simply Wall Street has a TP for Harta below RM2.00. Its scary....

I rather not say how much I lost but its in 6 figures. That's even after taking into account the dividends.Painful lesson.

My average price was 9

I was thinking of getting out at 6, 5, 4 but finally got out at about 3.

Knowing my luck, it may start to rebound now.

Just got sick of EPF throwing its shares every other day.

Luckily for me, some of my other investments are doing well. Almost squared off my losses here.

Yes, I am not interested in investing in Bursa anymore.

With online brokering, u can invest in any of the major indexes.

I finally caved in last week. I just could take the thought of Harta going down another 50% to about RM1.50, so I sold at a great loss last week. May double down if it hits RM1.50 but thats a separate consideration. For now I've decided to move on. I just cant believe how this could happen to a company that is a world class market leader but I guess thats all part of the game.

Today hit another 52 week low. Looks set to test RM4.00!

50% Drop in Hartalega. What Should I Do? by Ian Tai

https://klse.i3investor.com/web/blog/detail/kianweiaritcles/2022-05-27-story-h1623450828-50_Drop_in_Hartalega_What_Should_I_Do_by_Ian_Tai

Looks like I am not the only one in this position. Unfortunately the article itself provides no answer.

New low of RM4.05. EPF has been sellimg too. Looks like this is going into the cold storage for a long long time.

52 week low RM4.13.

Closed today at 4.19. Probably more pain next week as it goes ex dividend on 25th May, Wednesday.

May breach 52 week low of 4.15. Nothing much we can do. It has to just run its course.

I may even consider doubling down if it reaches RM3.00.

Dividend only 3.5 sen, can't be going down 75 sen ex dividend for 3.5 sen dividend.

Aiyoh, dont say 3.50 lah. 4.50 also teruk already, 50% down for me

Probably spoke too fast, its trending down again.

Holding up quite well so far. Hopefully it starts an uptrend and stabilizes at about RM5.00 plus. Not greedy. Will be happy with that for now.

RM5.00 by year end?

By tmrow , all the analyst will come out and "hentam" Harta again. Get ready for more negativity.

Still got 3.5 sen dividend, some consolation

So far , price seems to be holding up quite well. Hopefully we get to weather this storm and the stock finally has bottomed. Then normalize again for steady growth....

Hopefully, the share price holds up, since this was already expected.

If QR results out today, the morning rally could be deceiving. Well if we stay above 52 week low after QR, it will be great. Not expecting much. Fingers crossed.

Thanks Terrence, needed that kick.

The positive side is that Ive earned about 10% returns in dividends on my investment in Harta over the past year, so net paper loss only about 40%

My average price is RM9.00. I am now facing more than 50% paper loss. It's really painful to see the price going down. With dividend, I could still console myself. Without dividend and potential losses, it would be unbearable.

My friend says very easy to buy but very hard to sell. In hindsight, I probably should have sold long ago.

As someone here says, the moment you do sell, it might just start moving up again.

The million ringgit question now is does this stock have more upside or downside?

I am hoping the bottom is near.

With almost 40% of my portfolio in Harta, averaging down isnt really an option for me.

I accepted the fact that this stock is not going back to RM9.00, but RM7.00 someday would be a consolation provided it keep paying dividends.

Well even that is looking more and more unlikely as the price continues to drop. Sad.

Hopefully the Net Loss this Quarter will mark a bottom for Harta and a new beginning thereafter.

Even if there is a nett loss, can Harta still pay a dividend from retained profits.

Alternatively, they could also resume share buybacks.

QR most likely out next week. Overseas, QR date is made public. I don"t know why in Malaysia its such a secret.

Going for the trend over the past one year, after every QR the price will go down.

We are already at RM4.37, how much lower can it go?

Another 10% to under RM4.00.

If no dividend declared this round , very possible.

When it went down to RM6, I had wished that I exited at RM7.
When it went down to RM5, I had wished that I exited at RM6.

If it goes down to RM4, I would probably wish that I exited at RM5.

However, I can't bear pulling the trigger as it then become realised losses.

Will this downtrend ever end..........

Aiyoh, losses this Quarter. From hero to zero. Really cold storage stock for us bag holders.

Since last year, after every Quarterly Results, the share price just keeps on dropping.

I read somewhere that the results will be out tomorrow. Hopefully we don't test the 52 week low of RM4.15 next month.

Really tired of this endless SP dropping every quarter for a company that even in January last year was receiving so much praise.

Luckily, I dont need the money and am content to receive the dividends until it bounces back.

Any idea how much the dividend could be? Hopefully at least 10 sen but it could even be 5 sen?

With the benefit of hindsight, I probably should have cut loss long ago but at these prices, I believe there is more upside to downside, so I am still hanging on.

Surely it cant go to ZERO right, although dividend could.

Hopefully the selling stops and the SP finds some support soon as its truly depressing to see the SP to continue to slide.

Having said all that, I am not holding my breath.....

results out tomorrow? hopefully bucks the trend this time

I think its too late for bag holders like us to consider selling now. Worst case scenario , it goes down to RM3.50 but I doubt it will stay there very long. So for me I will hold on to my shares and wait for it to rebound. Someday, it will stop falling.

Boyour, I think you are right. Its going to be stuck at these levels for some time. Just have to break the habit of looking at it.

Really struggling to stay above RM5.00. Will I guess better than where we were in March.

Seems to be consistent buying by EPF last week for whatever that is worth. Of course, it would be good if there is institutional support.

Probably too early for an uptrend ie higher highs and higher lows?

Anyway, hope it closes positive today or at least above RM5.00.

Finally, RM5.00. Next stop RM6.00, but thats 20% away.

Hopefully not down again. After every quarterly results for the past year , it has been going down and down.

Seems to be moving sideways. Good sign, bottomed?

Was really hoping it breach RM5.00 this week. Dissapointed, hopefully next week. If it stays there , I'd be happier .

Suprised hasn't broken RM5.00 yet! A sigh of relief when it does and stays above it.

Hmm, whats up?

Again seeing some support in the afternoon, wonder who is buying.

At this price still got sellers? Already multi year low, imho if you own Harta and the price is this low, just stop selling. It really doesnt make sense. As upset as I am to have lost half of the value of my investment in this counter, I will not sell at these prices. If it really goes down to RM3.00, I'll just double down then. Just hope Harta is able to continue paying some dividend.

The trend seems to be selling in the morning and some buying before closing. Hopefully the worst is over and the price stabilizes soon.

In hindsight I should have sold at RM6.00 and reentered at RM3.00, but thats all history now.

Looks like its headed for RM3.00. If it does hit this price, I'll probably double down to bring my average price down to RM6.00 and then wait 3 to 5 years and hope the SP recovers to RM6.00. Luckily , I dont need the money yet as I am still working and haven't retired yet. The only thing is the loss of opportunity of investing elsewhere. RM3.00 may actually happen if this war in Ukraine continues and inflation goes up causing raw material prices to sky rocket.

Isn't Harta already ridiculously cheap. Looking at the share price is really painful, so I tried to stop looking. Then I did the next best thing, stop posting here. Now much more immune to it. I have almost lost 50% of my investment in this counter. Luckily I covered most of my losses elsewhere. Although I could lose more in the short term as long as I don't sell, its paper losses and hopefully if gets better. In hindsight, I should hv pulled out at RM6.00. Looking from these levels, we probably be lucky if it hits that figure sometime in the future. Anyway no point crying over split milk, you win some, lose some.

EPF buying, good or bad?

Looks like below RM5.00 is inevitable, just a Question of when that happens.

Harta goes ex dividend on Feb 22, so I guess most probably test 52 week low next week.

If I didnt already own Harta, I would certainly look towards picking up at below RM5.00 as at those levels there is conservatively a possible 20%-30% upside ( ie RM6.00 to RM6.50) in say 1 to 2 years when things get clearer and all the noise settles.

In the meantime, you get to enjoy the dividends which waiting, which although dividends will drop from current payout, it will still be better than FD rates.

Unfortunately, there is also a 20% to 30% downside risks in the shorter term ie within this year.

JP Morgan's TP of RM4.00 ie 20% drop from current price, comes to mind.

30% will bring it to RM3.50, which probably be the worst case scenario.

As for me the last chance to exit was probably at RM6.00.

Now at RM5.00, we are probable at the middle of my best case and worst case scenarios.

I guess I'll just ride it out now and collect whatever dividend I get, as I think this counter is worth more than the current price which I think doesn't reflect that. Of course, I may be wrong but that's my bet.

Looks like there may be a light at the end of this tunnel. For now happy that it stayed above RM5.00 today.

Finally see some buying from EPF too but as usual that cannot be relied upon for much as they buy and sell, like traders.