Look forward Mbright to hit record profits next week 🤗

Steady moving up is good enough, no need to wish gloves to go back to pre pandemic era

Meta Bright's subsidiary bags concrete supply contract worth RM60mil !

https://www.thestar.com.my/business/business-news/2024/11/15/meta-bright039s-subsidiary-bags-concrete-supply-contract-worth-rm60mil

Meaning you 96% all in technology stocks, findfreedom?

I am queueing at 13 cents right about now to accumulate 🤓

Won't limit up, but it is moving up with steady pace

Consolidation phase is also an accumulation phase 😊

Next week I think

The Federal Government, through the Housing and Local Government ministry, has allocated RM211,898,427 for various development projects in Sabah this year. No wonder Mbright needs to scale up its operations

Next week Harta will release QR, I think

People will collect it after they get their salary at the end of the month 😁

Glove makers, which are expected to face rising labour costs due to increases in minimum wage and foreign workers’ levy, are likely to pass these costs on to customers. No need to worry so much about the rising min salary already

https://www.thestar.com.my/business/business-news/2024/10/24/glove-makers-to-pass-on-rising-costs-to-customers

Besides that, the Net Energy Metering programme is extended to June 30, 2025, for the installation of photovoltaic solar panels

Harta doesn't seem to react negatively to the levy and min salary

Mbright's solar energy business will benefit from Budget 2025

https://thesun.my/malaysia-news/2025-budget-prioritise-renewable-energy-environmental-management-experts-FK13081325

US lifts ban on remaining Malaysian glove manufacturer

https://theedgemalaysia.com/node/729999

With growing attention on environmental, social, and governance (ESG) factors, Meta Bright’s focus on renewable energy enhances its attractiveness to investors looking for companies aligned with sustainable development goals

What a surprise. Kenanga has changed his views about the glove industry

https://klse.i3investor.com/web/pricetarget/research/72794

US cuts interest rates by 50 basis points btw. This move is widely seen as a positive signal for global stock markets, which often react favorably to lower interest rates

Harta is back to uptrend. Hopefully can see it going up to RM4 at the end of this year 😊

Universiti Kebangsaan Malaysia (UKM) and ChemPartner have signed a groundbreaking Memorandum of Understanding (MoU). Before that, ChemPartner also signed MOU with Mbright in Shanghai to jointly develop a pharmaceutical and biotech hub in Malaysia focused on the R&D, manufacturing and commercialization of pharmaceuticals and biotechnologies

Got good news: https://mp.weixin.qq.com/s/5cp5z_FmKdWGh0qQ9YUwOw

https://www.thestar.com.my/business/business-news/2024/09/07/hartalega-unfazed-by-china-firms-asean-expansion

No worries, Hartalega unfazed by China firms’ Asean expansion

Detect some funds are flowing in today. Mbright might challenge 16 cents next week

Is anyone attending the AGM today? Any info to share?

Markets sink into the red sea ... I will get my bullets ready for this

People will go for the companies that are rich in cash like Harta😉

Meta Bright does have a bright future. Collect before it passes through 20 cents

Hartalega has won breach of fiduciary duties suit against former executive director. Time to move up

https://www.nst.com.my/business/corporate/2024/08/1098654/hartalega-wins-breach-fiduciary-duties-suit-against-former

Refer to this press release for more info : https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=229820&name=EA_FR_ATTACHMENTS

Meta Bright announces an outstanding Q4 results !! The company posts a record high revenue of RM48.6 million and PAT of RM8.4 million

Different companies have different management. Harta has better management

Next cycle is here. Brace for it

Supermax's turn to announce QR 🙂

Next week Mbright will show strong momentum

Kossan's result was out and they expect the glove industry to face a persistent supply-demand imbalance throughout FY2024 ...
https://www.thestar.com.my/business/business-news/2024/08/22/kossan-remains-positive-on-long-term-glove-demand

The energy related business will contribute more income to Mbright this year 🤓

88 Mpox cases in Indonesia ... Malaysia next ? 😓
https://www.thestar.com.my/aseanplus/aseanplus-news/2024/08/19/88-mpox-cases-in-indonesia

how about the upcoming Q4 ? We will find out next week or 2 weeks later 🙂

Mbright holds a large amount of cash and cash equivalents, and its debt level is quite low in Q3

Harta will bounce back to RM3 😊

MBright management is optimistic that the growth prospects of its business will contribute positively to the company's profits

I can feel Natsuko wanted to buy it at RM1.50 😁

I dare to say that its overall performance in FY2024 will surpass that in FY2023

Local manufacturers are operating at 60%-80% capacity, up from 40%-70% previously, with the global supply expected to increase by 7.3 billion pieces in 2024, driven by capacity expansions from Hartalega Holdings Bhd (4 billion pieces), Top Glove Corp (3 billion), and Sri Trang Gloves Thailand (0.3 billion pieces). I am still optimistic about Harta's future

So persistent huh, Nieto9 ... Yes, I did collect it and the price was 13 cents, not 14 cents

Will back to RM3 and above just like most IBs anticipate 😊

U.S. stocks fell, but KLCI goes up. Malaysia Boleh 😁

I guess you didn't collect enough when Harta was Rm1.xx something, YourQuirkyWays29 😁

btw, I will collect again when it touches 14 cents 😉