Not so sure if we should cheer for Trump's return just because of his hostility towards China, the US ppl should sort out their own internal affairs. Last thing we want is another war.

If you missed the boat and you know it clap your hand, if you missed the boat and you know it raise your hand~~

Natsuko raises both hands and legs and claps them furiously while asking ppl that did not miss the boat to jump ship.

Still a joker, hahahaha.

ya and even that is wrong strategy, what can small retailers help to push hahahaha

xD

Cut loss lol, buy high sell low mentality.

Who panic, who lose. Who listen to jokers that predict prices instead of self research, who lose.

https://www.thestar.com.my/business/business-news/2024/06/24/fbm-klci-continues-downtrend-as-fresh-leads-yet-to-materialise

Agree with @Mini

another new account xD what a sad life

Wow Gaussian up TP from 2.3 to 3.1. hahahahhahahahahha

@monetary manage to buy any? or still waiting for RM3?

If you're here long enough, you would have see similar patterns. RM1.9, RM1.5, RM2.9, RM2.4, RM3.9, RM3.3. When it is pushing high, ppl jump in to ask to fomo buy in. When it is dropping during correction, ppl jump in ask to sell saying it will drop lower.

Do your own research, collect, keep calm. Harta has not peaked. :)

I remembered everything, just didn't believe you only ma.

What about what you said for the past 2 years for this counter? Which one has came true?

the joker is here since RM1.5 and still dont believe xD really joker

@Natsuko, yup, there's a reason why it keeps changing.

Natsuko is just trying to make other ppl sell and buy their loss making counter. Like I said, do not blindly follow TP, do your own research.

Never follow other's TP, do your own research. Almost everyone that came here and stated a price has been wrong and will continue to be wrong.

xD

Looks like the dust settled and we've found a new bottom, its higher than the previous bottom, has been like that for 2 years. I will keep waiting, see ya'll later for the next bull run. :)

I'm sorry but I do not have the time to research steel industry. Only time will tell then, anyway I have more than good enough buffer to be wrong. And I will be rewarded soundly if I'm right. :)

@sslee experience in running the biz, not everything is so transparent.

@Monetary I'm bullish on Harta since before tariff announcement, I believe in the capability of the management among glove industry players in combination with the overall growth potential of the glove industry.

I do not buy the theory that China will ALWAYS have lower cost and take ALL the market share and Malaysian glove companies will die.

With both of that in mind, tariff hike or no tariff hike, I will continue to hold Harta. I am not good at estimating and predicting an exact price at a specific point of time, and I'm confident that no one will ever be good at it, if you got it right, its pure luck. Anything can happen at anytime, and as I said before, a counter can stay "overpriced" or "underpriced" for a very very long time.

If you believe in the company, INVEST. If you don't, go somewhere else. That's my own 2 cents. If you have the time and want to trade all day, go ahead. To me, that's pure speculation and gambling. Good luck if you manage to catch those that bought at 3.8 and sold at 3.2, but that person is not me.

Cheers.

xD keep going, I call you joker just because you are throwing prices around. Nobody has crystal ball, even IB's TP cannot pakai. And one random retailer going around throw TP out there asking ppl to buy/sell? That's a joker move, for me. You can call me whatever you want, feel free.

Even if I hold harta and believe in it, I have never ask anyone to buy. I even caution ppl when they are fomo-ing and chasing high. Keep a level head.

Who is emotional? You are. I'm enjoying myself reading your comments. Keep going, keep throwing insults. :)

Also, you are the one starting throwing attacks left right centre, and now want to get so triggered. I know la losing money sucks, especially when you have the word money if your username, but if you didnt bet your whole bank account then you can eventually recover if you invest smarter. Gambateh.

Just like what I told previous haters. See you at RM3 when its RM2, See you at RM4 when its RM3. Now I will tell you the same, see you at RM4/5/6/7. I will be here. You take your 60sens supposedly gain however you like, that is not enough for me.

hahahah yes everyone has a right to post, just that some is more emotional than the others for unknown reason, usually ppl losing money more emotional. Whoever that sold at 3.2 put money in your account, not me. I'm talking about cash flow, not your theory of "value".

By your theory, I should have put money in other's pocket as well when it fell from 2.9 to 2.4? or when it fell from 2.4 to 1.9? It doesnt make sense, because my account shows me that my average cost is 1.9 and I have gains no matter if its at 2.4/3.2/3.8. Why would I want to cash out if 3.8 is not enough for my appetite? You can say what you want I can also buy and sell what I want. Stop telling ppl what to do. Do what you like and dont go control other people. If you lose money, its nobody else's fault other than your own.

Ya some ppl dam noisy trying to make others sell, don't know for what. As though Harta going down is a certainty. Diff accounts (not sure if same person) has been appearing in this forum to keep calling doomsday everything there's a bull run, and this counter has been overall up in 2 years. 2 years are too long for some ppl but not for me where I work full time job hence I do not have much time to analyse and find fundamentally strong company. Why would I just take the words of some random guy online when my analysis have been proving me right (i.e. Harta's market cap has doubled in less than 2 years)?

Say all you want, I'm not a gambler/trader, I'm not selling until I feel this counter is massively over-priced even after taking into account future possible gains. A counter can stay "overvalued" or "undervalued" for a long long time, nobody can tell when is the best time to enter/exit. Trade at your own risk, do your own research.

thanks for the macro info @chipee @sonnia

@monetary who's money you eat? I did not sell at 3.8, I did not sell at 3.2. I did not sell at 2.9. I did not sell at 2.4. I did not sell at 1.5.

How you eat? Day dreaming?

Ehhh, let's see. Not sure who are the crocs and why you are so angry for ppl wanting to hold.

This was the decision I had to make back then when there's still massive oversupply, production inefficiency, and loss making quarterly reports. Now that I am in the green, I can't be bothered any more. Neither do I want to sell early just to cash out the gain. Make that mistake one too many times in other counters, if you trust the counter, stick with it until you believe that the price is ridiculously overpriced, not just "overpriced".

Yeah we are in a weird situation, prices rallied to RM3 in anticipation of good QR and it rallied further to RM3.8 on confirmation of tariff hike. However, I believe the QR failed the expectations and the market is now adjusting to find an equilibrium.

The tariff hike is a fact, but no one can be sure what will happen, other than the fact that it sounds good from 2026 onwards, is it too early to buy because of that, who knows?

As for the QR, we are still on stabilising stage apparently, instead of the much hype of recovering back to the growing state. We will still have to see more results to know where we stand and whether and how much we can price in growths in those forward looking PE.

Because last time you never say vstecs, when i first read your comment you only say dnex and swift, enough to ruin your reputation. Plus you are also wrong in this counter, why should i follow your comment when you get less than half correct?

if i follow your advise 2 years ago to buy dnex/swift, i will have to fold myself, not multifold.

@Natsuko i already multifold, no need to shift.

frog? why so?

Wow wow wow, low volume but big drop. Keep calm and hodl.

Well well well, when it fell from 2.9 to 2.4, it felt like shit, but now we are falling from 3.8 to 3.4. It's ok la, just wait. I have time.

ehh, not denying what you say could happen @monetary. Just that RM3 is still good case for me, and taking advantage of the 15% difference between RM3 & RM3.5 is not worth the risk of what if this guess is wrong.

@Taimeili Yeah now got another joker monetary that probably sell too early and missed the boat.

@monetary RM3 is a drop for you, but its a 100% up for me. :) no frogs found

@Aero yeap after every run there will be correction days if expectations not met. just ride the wave, coming from RM1.5, confident to say I've seen the worst days.

@Gaussian still more than RM1 ABOVE your RM2.3 prediction 2 months ago. sau pei la lei. wrong so many times liao still got face to show up, super thick face you have.

The results for me personally are a little disappointing, the revenue shown growth as indicated by the export volumes, but the increased revenue did not translate to increased profit. The reason given that is due to increase in cost does not bode too well with me as well because this indicates difficulty in pricing that still very much prevalent.

I had an expectation that we are already in recovery mode and will be able to price higher going forward, guess we will have to wait and see, the effect of the new tariff announcement should trickle in over the next 2 years as we slowly crawl to 2026 as buyer and sellers slowly adjust their buying pattern to suit the new tariff days starting 2027.

Let's see.

Fingers crossed and keep waiting it is, glory will be back one day :)

Yeah not gonna say much, results are below my expectation but not the worst in the world. Definitely not liking the gross loss, seems like using even NGC sepang is not sustainable, not sure if there's another impairment incoming at the current ASPs.

Happy that volume is coming back, but the management must find a way to eventually profit from it to make it worthwhile.

In summary, the message of this QR is - wait some more, not yet. While I'm not afraid of waiting, to those who are, byeeeee!

Personally I think the price now is very much forward looking beyond the coming QR, and the QR should technically not affect the price much unless it is very much below/above the expectation prior to US's tariff announcement. General consensus before the spike is that we should be recovering smoothly, so I expect improved profitability from previous QR.

hahahhaha now you guys have to resort to RM3.4 to talk down about Harta. Keep continuing guys, create more sub-accounts and try again.

Hi again Cerubic!! While we have a different stance than the US on gaza war, I personally don't think we will get sanctioned/tariff imposed because of that. #1 because we are not that huge/loud, and #2 because its pretty much US + Israel against the world, don't think US would be reckless enough to tariff the whole world for that.

Unless of course, if we decide to provide some actual aid to palestine, then we may be putting ourselves at risk. But at that point, tariff or not is least of my concern.

@natsuko ever since you're here, Harta is already a multi bagger ya, from RM1.5 lowest to RM3.6 now. You telling others about multibaggers? are you still stuck in dnex, sicne you bought in at around RM1? please la, joker.