Harta will likely post Q losses in near future....without the help of Cukai Makmur

Lets c

U have to burn yr Billions RM cash reserve to fight with China Glove CO for years........

Posted by CharlesT > 17 minutes ago | Report Abuse

If u r in deepshit n cannot be rescued u will wish to drag more into the shit with u

Not sure if that can make u happier or at least it may ease some pain of u i guess

Why i think u r one of them leh...though u claimed u bought Harta at Day 1 on their listing......lol

Posted by Cerubic > 1 minute ago | Report Abuse

Shareholders are no nincoompoop easily influenced by anybody in the forum here. It is a forum of agree to disagree on the ongoing in harta shares with supported facts, though some may just pluck them out from the air, lol.... and it is up to the intelligent shareholders out there to make their own decision on their portfolio.

U think the naysayers here brought down Harta's price by 50% in 2021, and then another 50% in 2022 year todate ah?

I3 forumers r SO powerful ah

Dont worry Big 4 got cash reserve of Billions RM....can burn for few years....C who die first

Not to say forever lah but to wait for the next Pandemic like Covid 19....

Fm the history so far we see it happens once in a century

So just wait patiently loh....u can leave yr shares to yr children or grandchildren or great grandchildren..

If u r in deepshit n cannot be rescued u will wish to drag more into the shit with u

Not sure if that can make u happier or at least it may ease some pain of u i guess

The rebound of tech stocks have been very strong, especially the newcomers such as Coraza, Cnergen n SFP....

Others tech co mostly r under 200sma......still bearish

I m worry that his paper loss in TG will increase further......

If rr88 change his 2M shares of TG with SFP few days ago then hor seh

Can see paper gain of RM200K+ io paper loss of RM100K+ now

Needs some healthy correction or bloodbath lah....everyday up very scary...somemore Moneymaker will not come

Rm 0.50+ to1.21 today a whopping gain of 100%+ within few weeks time......

Top volume today......what's next?

Hiong hiong hoot to Rm1.50?

Or gostan for bloodbath?

Sifu rr88, now waiting for bloodbath till 0.71 ah?

Posted by CharlesT > 4 minutes ago | Report Abuse

rr88 bought 1.09 n sold 1.18 today?

Ops sorry I think rr88 withdraw his sell q at 1.18 n managed to sell at 1.21

rr88 really can see 1000 steps ahead of us....Master Of Trader

103.2K done at 1.09...

(1.18-1.09) x 103.2K= RM9K+ easy money again for rr88

rr88 bought 1.09 n sold 1.18 today?

So called Cukai Makmur

All the naysayers for the past 2 years r actually Angel in disguised

Real breakout or false alarm?

Besok jangan gostan ah

Again, any bloodbath just hentam...C got Q time bomb or not

Long term likely to follow UWC/ Greatec

Short term up n down but more ups than downs

I suspect the same Chief Goreng Officer (of UWC n Greatec) under SFP... I meant some Master fm Investment Bank....

Same modus operandi

U dont know rr88...he has magic

or maybe 1.13?

I think rr88 bought at 1.03 n sold at 1.12.....second winning deal of the day

30K shares only ah? rr88 claimed he has 2 Millions shares at RM0.90+ woh

Now better....shows some improvement

Not sure the Boss's prediction can be trusted or not...

But I saw several Hong Leong Funds holding ard 4%+ of YBS in the latest Annual Report. Seems to be newcomers as I didnt see their names in 2020 Annual Report

break out ah? Not strong leh

Both UWC n Greatec took 2 years+ to go up 1000%

Be patient, wait for bloodbath n buy more if u have yet to buy enough

Posted by rr88 > 3 minutes ago | Report Abuse

IT'S OVER.
Today is market hit peak day 1.17 and reverse.

While it doing ding dong ding dong off high, make or lose, you get out. Early birds will suffer much less pain.

Bcause it will start its descend soon with lower lows all the way to 0.71.

As usual, i am 100 steps ahead of you.

Dont sayang2. Just dump it. Remember this day that i hv warned you!

Just record first. Hehe

Hoot9e last time very famous in TSH's penny stocks n also in glove....

At the end mostly kena hoot.....lol

Mr.Kuan is a noble bizman....he was the one who gave the warning as soon as middle of 2021. I sold all my last batch of glove co shares immediately n never trade since then

While Ah Chai was still giving all the false picture on glove then

Wait till 2022 lah, Boss of Harta Mr.Kwan terang terang told u oredi

Sifu Rchi long time no come to I3 leh.....wanna see bloodbath here ah?

Number of shareholders in all glove co increased by 200% to 300% compare to pre covid 19

Most of these new long term investors suffer more than 50% paper loss...I would say more than 95% of them

Once yr shares price drops u will become long term value investors....especially last 2 years in glove co

rr88 claimed he got 2M shares of TG at RM1.00+......

If he claimed he got 2M sperm I believe lah

Posted by observatory > 1 hour ago | Report Abuse

Extracted from several reports today:
Maybank:
1) Management has turned more bearish on the sector outlook given stiff competition. We understand that ASP has resumed its downward trend since June 22 after stabilising in Apr-May 22 and utilisation rate has dropped to 50% (in line with the industry), from 70% in Apr-June 22,
2) management expects the demand-supply equilibrium to take another 24 months to rebalance. Prior to 2024, it will focus on sharpening its capabilities and improving cost efficiency to prepare for recovery, and
3) management no longer enjoys premium pricing for its products due to stiff competition.

Affin:
Management mentioned that in a worst-case scenario, the current overcapacity situation could persist past 2023

Hong Leong:
We caution that Hartalega could be at risk of being booted out of the KLCI in the upcoming FTSE Bursa Malaysia KLCI semi-annual review should its share price deteriorate further, as it currently ranks at the 35th spot (based on 9th Aug closing).

It seems that the over capacity situation will persist for quite a while yet. Those looking for opportunity to add could probably wait. Exclusion from KLCI, if happens, could trigger another round of selloff as seen in other stocks.
10/08/2022 3:33 PM

Yr 2 cents trading gain each round in SFP cannot cover yr loss of million shares in TG......

Posted by rr88 > 10 seconds ago | Report Abuse

And those who think glove sector will go lower will miss the big boat. 50 - 70% profit there. Its a REVERSE PSYCHOLOGY.

Harta's Boss asks u dont touch glove till 2024 leh......

Posted by rr88 > 21 seconds ago | Report Abuse

As a friend i ask u please escape now 1.05/1.06.

It will settle around 80++ cents. After some months it will go back to its shithole at 60++ cents n die there with little volume.

I see 100 steps ahead of you

Make a record first. Keep for future entertainment

If u can see 100 steps ahead of me why u never join me to buy big at 0.60+ n enjoy 70%+ paper gain now?

Or maybe u prefer to make 2 cents trading gain??

Posted by pang72 > 11 seconds ago | Report Abuse

Its stood at 1.06 now...
Its near my 1st TP1. 50...

U copycat my TP of 500% over IPO price ah?

Dont worry when price goes up in the afternoon i will say I buy at 1.03 with u together at 12 noon

rr88 gives us some surprise pls...always same old script

Or I bought some at 1.03?

As dead as rr88's coxk?

Posted by rr88 > 2 minutes ago | Report Abuse

In q 50 lots at 1.01 for a 2 cent rebound profit..

U need to post The Curse of MM here

After I posted it one hour ago prices drops rm 1.10+ to 1.00+

rr88 will say he bought at 1.03 later if price goes up....dont worry

For up trending stock like SFP I think even donkey also can do as good as rr88