Engineer , senior tech still waiting for durian drop ???
All run to spore already ! Even hard to find experienced engineering workers ,how to wake up bro , below 10 sens soon !

部分中国医疗产品　美国延长豁免关税半年
（华盛顿29日讯）美国贸易代表当地时间周五宣布，美国将把对中国部分医疗产品的惩罚性关税豁免再延长6个月至11月30日。

据法国国际广播电台和路透社报导，美国贸易代表办公室表示，进口关税豁免原定将于5月31日到期，“涵盖应对新冠病毒大流行所需的81种医疗保健产品”。

豁免于2020年12月首次宣布，并于去年11月延长了一次。

关税豁免名单上的产品包括口罩、医用橡皮手套!!

部分中国医疗产品　美国延长豁免关税半年
（华盛顿29日讯）美国贸易代表当地时间周五宣布，美国将把对中国部分医疗产品的惩罚性关税豁免再延长6个月至11月30日。

据法国国际广播电台和路透社报导，美国贸易代表办公室表示，进口关税豁免原定将于5月31日到期，“涵盖应对新冠病毒大流行所需的81种医疗保健产品”。

豁免于2020年12月首次宣布，并于去年11月延长了一次。

关税豁免名单上的产品包括口罩、医用橡皮手套!!

部分中国医疗产品　美国延长豁免关税半年
（华盛顿29日讯）美国贸易代表当地时间周五宣布，美国将把对中国部分医疗产品的惩罚性关税豁免再延长6个月至11月30日。

据法国国际广播电台和路透社报导，美国贸易代表办公室表示，进口关税豁免原定将于5月31日到期，“涵盖应对新冠病毒大流行所需的81种医疗保健产品”。

豁免于2020年12月首次宣布，并于去年11月延长了一次。

关税豁免名单上的产品包括口罩、医用橡皮手套!

My friend told me this time malaysia glove sector really will be impacted severely !

If 50 sens i will buy 100000 units !

Tg VS EPF = One way to holland just like retailers VS US FED !
See how many paper loss Tg will get if EPF contonue dump tickets until 0 stock ! I think around 80 sens !
What to u all think about it ??

Like cantonese people always says " where got such huge toad waiting for catching on the street " ?? Use your brain to think twice before staying in VIP room permanently !

@snowball2000

110 posts

Posted by snowball2000 > 3 hours ago | Report Abuse

When Director is selling / buying with insider information, Bursua/SC should scrutinise the transactions!!!
________
Fake account like serb also not a big deal , what more u want expect our sleeping beauty !

Sbb will only incur more paper loss n bring shareholder to holland !

Just see how long it can tahan !

@Icon 888

1,072 posts

Posted by Icon 888 > 8 hours ago | Report Abuse

Over goreng liao .. DUN play play
__________

Amongst all bursa tech stocks which one is the most over goreng ??
MPI , VITROX , KESM , GREATECH , GENETEC , KOBAY , JFTECH , D&O ,ATECH , CORAZA .....or dnex??

Pls choose your answer !

Wow if tg kicked out from klci30 then 40 sens maybe is the real value for next 20 years !

Why keep dropping ??? U must know how the world flooded with rubber disposable gloves just like mask then u will know y !

Tg , smx ,koss will become penny stock soon , harta if lucky still can maintain above rm 1.xx - 2.xx !

EPF also dump harta kaw kaw , this time really beyond hope , no future , invest glove just like dump money into deep sea !

@InsiderShark

381 posts

Posted by InsiderShark > 32 minutes ago | Report Abuse

good company but not the right time to buy, glove will go thru a winter and the chart will be flat for a few years, only then you enter for long term once many competitors die or consolidate. harta will still be there as their margins are the highest and have loyal customers, therefore 10 years from now, it will be higher, but for now, it will go sideways or down

__________
If u still hold at above rm 4 then better cut loss right now and buy back later at lelong price !

Now believe already rm 2.xx - 3.xx ? Richest man EPF also cant tahan anymore dump glove stock like hell , it will drop faster , high level people will be trapped for 100 years !

Thats y people say buy stock only buy for their future growth , dnex + foxconn already worth rm 4 - 6 minimum ! Foxconn will beat Tesla in the future !

Dnex robust net profits too good to be announced ! Stay tune for skyrocket !

richest man EPF also cant tahan throw tickets in lelong style !

82 sen also need to consider before buy in , buy dnex better than glove , hope all high lever residents already cut lost early otherwise u will be trapped for 100 years !

The world is flooded with rubber gloves , can use up to next 10 - 20 years ! Look at the mask and condom ASP , this is going to be KAREX 2.0 !

The best thing to do for the boss is keep all the cash flow tightly to deal with more headwinds in glove sector and macroeconomic uncertainty , it is too risk for splashing money in sbb and get bottomless paper loss !

From heaven to hell , all the so call value investors ,calculation experts dissapeared in one night , boleh land really boleh !

World no.1 tai go also cant tahan anymore and will become KAREX 2.0 soon ! The world is flooded with rubber gloves that causing pollution problem , EU will slowly control the use of disposable rubber gloves soon !

https://www.klsescreener.com/v2/news/view/994565

Dnex 1.03 supermx 1.03
Which one u choose ???

Supermx real value 64sen because US plant definitely will lose money !

Dnex 1.03 supermx 1.03
Which one u choose ???

Another huge paper loss from sbb ??? Better dont sbb anymore !

Tai go confirm net loss n frighten all glove fans !

Electronics are set to get even more expensive as chip giants hike their prices!!

You will regret not all in dnex in future !

This is a rm 1.50 stock , the fellow who goreng to rm 5 already put money in pocket n let it free fall !

Think twice why Mahsing boss simply give up his new glove business because people already know glove business will enter a very long dark mode with more losses coming due to the world is flooded with China , Thailand super cheap gloves ! Look at masks and condom , u know the worst is yet to come !

When Co founder also run away with 10 sen per share then the naive greedy definitely will left with 0 value in the last !

How other countries investors look at Malaysia stock market ,credibility and transperancy ??

A jib gor said "cash is king" n we all must understand money can settled everything !

@UlarSawa

13,510 posts

Posted by UlarSawa > 1 hour ago | Report Abuse

Tan Sri buying and holding mana ada lose more leh. Correct?


NatsukoMishima

Hold longer loss bigger !

5 hours ago

_____
U are not tan sri , u are a naive snake !

64 sens price tag for lelong !

The myth of Malaysia glove stocks is a past history gone case , once in a century n it will never never happen wake up anymore or second time !
Bye bye to glove stocks n thanks for creating a classic stock maniac in 2020 !

Hold longer loss bigger !

82 sen to 1.20 coming !

KUALA LUMPUR (May 11): Analysts on Wednesday (May 11) cut their earnings forecasts for Hartalega Holdings Bhd on lower glove average selling prices (ASPs) and sales volume, as well as higher cost.

This was after the group posted its first-ever quarterly loss of RM197.9 million for the fourth quarter ended March 31, 2022 (4QFY22) due to a provision for the Prosperity Tax (Cukai Makmur). This brought its full-year earnings for FY22 to RM3.23 billion.

The results were within most analysts' expectations.

KAF Research analyst Nabil Zainoodin said in a note that he expects the group to return to profitability next quarter as the management had guided that the effective tax rate will be lower than the prevailing corporate tax rate of 24% from next quarter.

“That said, Hartalega's near- to mid-term outlook remains challenging given the intense competition resulting from the oversupplied glove market. The downward pricing pressure in the current environment would make it difficult for the group to fully pass on the rising input cost to customers, which could result in further margin compression,” he said.

Additionally, he said global logistics disruptions and container shipping shortages may continue to affect shipments and possibly may persist for the next few quarters.

Post the full FY22 results release and based on the management's forward guidance, he revised his FY23 and FY24 earnings forecasts for Hartalega downwards by 11% and 3% to RM582.8 million and RM528.3 million respectively.

"We maintain our 'sell' recommendation on Hartalega and revise our target price (TP) to RM3.66 from RM3.80 previously based on 2023 of 15.9 sen pegged at -0.5 standard deviation below the five-year historical mean forward price-earnings ratio (PER) of 23 times," he said.

Affin Hwang Investment Bank analyst Ng Chi Hoong also in a note lowered his FY23 and FY24 earnings per share (EPS) forecasts for Hartalega by 1.5% and 0.4% to RM634.3 million and RM832.7 million respectively to factor in the latest performance, and the latest ASP and sales volume assumptions.

“We are not expecting a major improvement in sales volume in the next few quarters as the lack of workers has limited Hartalega’s ability to increase output,” he said.

He also said the group’s margins are likely to remain depressed due to competition.

He believes that its earnings before interest, taxes, depreciation and amortisation (EBITDA) margin had yet to bottom at 26.7% in 4QFY22, given that it was still significantly above the 22% to 23% achieved in 2019.

“The management highlighted that as there is new capacity coming through in the first half of 2022, margins would continue to remain depressed as it would be challenging for Hartalega to raise ASPs to pass on the rising production cost. As such, we reckon that profit margins would only likely bottom out by the end of 2022,” he said.

He maintained his "sell" call on Hartalega due to continued uncertainty over future ASPs and lowered his TP to RM3 from RM4.60 based on 13 times 2023 PER (from 12.5 times 2022 PER).

KUALA LUMPUR (May 11): Analysts on Wednesday (May 11) cut their earnings forecasts for Hartalega Holdings Bhd on lower glove average selling prices (ASPs) and sales volume, as well as higher cost.

This was after the group posted its first-ever quarterly loss of RM197.9 million for the fourth quarter ended March 31, 2022 (4QFY22) due to a provision for the Prosperity Tax (Cukai Makmur). This brought its full-year earnings for FY22 to RM3.23 billion.

The results were within most analysts' expectations.

KAF Research analyst Nabil Zainoodin said in a note that he expects the group to return to profitability next quarter as the management had guided that the effective tax rate will be lower than the prevailing corporate tax rate of 24% from next quarter.

“That said, Hartalega's near- to mid-term outlook remains challenging given the intense competition resulting from the oversupplied glove market. The downward pricing pressure in the current environment would make it difficult for the group to fully pass on the rising input cost to customers, which could result in further margin compression,” he said.

Additionally, he said global logistics disruptions and container shipping shortages may continue to affect shipments and possibly may persist for the next few quarters.

Post the full FY22 results release and based on the management's forward guidance, he revised his FY23 and FY24 earnings forecasts for Hartalega downwards by 11% and 3% to RM582.8 million and RM528.3 million respectively.

"We maintain our 'sell' recommendation on Hartalega and revise our target price (TP) to RM3.66 from RM3.80 previously based on 2023 of 15.9 sen pegged at -0.5 standard deviation below the five-year historical mean forward price-earnings ratio (PER) of 23 times," he said.

Affin Hwang Investment Bank analyst Ng Chi Hoong also in a note lowered his FY23 and FY24 earnings per share (EPS) forecasts for Hartalega by 1.5% and 0.4% to RM634.3 million and RM832.7 million respectively to factor in the latest performance, and the latest ASP and sales volume assumptions.

“We are not expecting a major improvement in sales volume in the next few quarters as the lack of workers has limited Hartalega’s ability to increase output,” he said.

He also said the group’s margins are likely to remain depressed due to competition.

He believes that its earnings before interest, taxes, depreciation and amortisation (EBITDA) margin had yet to bottom at 26.7% in 4QFY22, given that it was still significantly above the 22% to 23% achieved in 2019.

“The management highlighted that as there is new capacity coming through in the first half of 2022, margins would continue to remain depressed as it would be challenging for Hartalega to raise ASPs to pass on the rising production cost. As such, we reckon that profit margins would only likely bottom out by the end of 2022,” he said.

He maintained his "sell" call on Hartalega due to continued uncertainty over future ASPs and lowered his TP to RM3 from RM4.60 based on 13 times 2023 PER (from 12.5 times 2022 PER).

The White House is reviewing the penalties imposed under former President Donald Trump — which raised prices on everything from diapers to clothing and furniture — and could opt to remove them altogether, Biden said in addressing the nation from Washington on Tuesday.

Finally , the worst news come to hit Malaysia furniture industry after glove once again China furniture will rob your market !

Just because of this century comedy drama many investors esp local retailers already left hopeless bursa n move to US market for more tranparency and justice system !

64 sen is the best tag price for this fake superman in pasar malam!

Harta will drop to rm 2.xx ! Hold longer loss bigger until u bankrupt , really a good value investment with 3 sens dividen at rm 4.xx per share ! Wake up dude !

Harta will drop to rm 2.xx ! Hold longer loss bigger until u bankrupt , really a good value investment with 3 sens dividen at rm 4.xx per share ! Wake up dude !

Wow finally QR net loss comes true to Malaysia glove company , Harta net loss 190 m ! Now believe already what people warned u before ! Top glove will be more worst than harta ! 82 - 1.20 coming !

Hold longer, loss bigger ! Glove stocks was a past history n wont wake up anymore dude !