That's why there's no erection, some people can stay in power indefinitely. Mahatir also harbour deep desire to stay in power indefinitely. That's why he still wants to run.

You know what they say about absolute power corrupts absolutely. This guy just wants to be in power indefinitely. Thankfully in Malaysia we can cast our vote. This is not the same for our two neighbours in the North. That one man in Beijing and the other in Pyongyang....lol!

@Cerubic Agree. Most of here are in the B40 M40 categories. T20 people too busy making money, usually won't come here to lepak. Those people claiming to make genius moves and making millions are very likely tooting their own horn.

People like KYY are most likely under CPC's pocket. Just look at his recent writings, word for word written by CPC Publicity Department. It's an easy job. Accept money, copy-paste their article, and profit! If they pay me well enough, I will also be inclined to spew their publicity, lol!

But there are also many others who really believe in CPC's reasoning. Perhaps at the back of their mind, they're Chinese and want Chinese to prosper (kaki nanhg). And yes for the past forty years, China did really prosper under Deng's reform. But under President Xi, he's making a sharp u-turn, going back to the old ways of Lao Mao.

Tobby why do you have to persuade the CPC apologist. They'll look up the midnight sky and tell you it's daytime!

If you want to scratch your itch about beloved President Xi, read up on some writings by Cai Xia, a retired professor from CPC Central Party School, lol!

@Cerubic Whether machine made by China or other companies is besides the point. In a globalised economy, most stages of production takes place in a few different countries. Many of Apple's product are made in various Asian countries, including China. But Apple ain't worry too much about competitors such as Xiaomi or Huawei.

The most important selling point for Harta is whether it can maintained a higher profit margin relative to its competitors? If Harta's profit margin is similar to other companies, expect Harta' price to fall further, since it makes little sense to pay for a premium for this company.

@YourQuirkyWays29 Could be pump and dump. But I think there's a rush to buy glove stocks for fears of missing out. The climb from 1.6X to 2.2X was way too fast and unsustainable. So any small trigger, like Kossan QR, causes price to fall. (Personally I think Kossan QR was decent, small profit but still green, but the market overreacts lol!)

As mentioned by Topglove owner, we're still in the early stages of the oversupply problem. Expect it to last until late 2023/early 2024 at the earliest. So for those thinking of buying glove stocks, buy it at a low, low discount. Don't rush just because prices are surging. You never know when it will fall.
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wow what happened in 1 day? Guess the pump and dump is real.

wait for Harta QR to appear, leading to second round of price drop. Then I take my broom and sapu :)

RM13 sure or not? I thought this is Ptrans, not Ptesla! Who is going to goreng till RM13. And why stopped there, why not RM88, lol!

Agree, below 1.10 is also a good buy. Again no hurry, let price drop a little. Wait for this month's gaji to come in, then buy some.

Result better than what I've expected. If prices really approaches near RM1, will be buying.

@Philip. Don't know about others, I bought quite a bit when it was at around RM1.70. I thought it was a good price even though prices are still going down. Managed to averaged down from RM5.XX to around RM2.60. I could average down a bit more, but not comfortable with having 25% portfolio on gloves, lol.

Tripledemic or not, we gotta live with covid (unless you prefer zero-covid, may I suggest going to China!) So get your booster shots and take reasonable precautions. Glove industry are still dealing with oversupply and within a year, two, or three, we're back to pre-pandemic growth trend.

Harta should worth at least 3.00. Prices are slowly recovering to its true worth. The drop from RM2.80 to RM1.50 was an overreaction. For those who bought it low, congrats. Now just waiting for next QR for any hints of good news.

Well 007 read the market well...and profit from it. Congrats James_Bond!

Within a few years, I am sure you guys can buy Harta at those attractive prices... immediately after stock split.

I wonder if it has anything to do with recent Biden's decision to restrict China's semiconductors industry. At the moment, only plan to commit more if there are signs of rebound.

Friday evening delicious juicy good reading materials from top investors/contributors in this thread!

Aiyah must give thanks to Dear President Xi, Chairman of the CPC! With his help, he is bringing jobs to Malaysia (and Vietnam, Thailand, India, among others)! China bringing common prosperity to Asia, as Malaysian, what is not to like!

Semiconductor doing really badly these days. When will bottom out who knows....

Agree, recent price jump seems pretty sus. Now meeting some resistance. Aside from recent WTO news on Omicron sub-variant, I see little other news to back up this price jump.

@Income Wah 100% into Harta? Your terror ah!
Congrats on your gain.

I really enjoyed reading the comments here

Very likely U-turn since price already up a lot in the past 3 days. Buy low sell high okay to take profit. I am r.tard so I continue to hlod ;)

@YourQuirkyWays29 Yes I am hoping that this QR won't be red. I am hoping that based on Topglove's QR, Harta's ASP might stabilised by October, that we will need to wait for the following QR (the one ending in Dec 2022).

As for share price, I prefer slow and steady rise. Hopefully will slowly creep back to RM2.5 by end of this year.

Oh what I had in mind is a better than expected QR. QR is going to be bad, even red. That's why prices are where they are.

In hindsight, it is a probably good idea to skip a stock split in 2021. Wait till prices are above RM6, then it makes sense to split

I don't know if Harta will remain in 30 component stock. To me fair price is at least RM3 once glove industry starts to recover. Don't know who has been pushing price up of the late. Seemed out the blue we moved from 1.8X to 2.1X in the past 2-3 days.

The next QR better be good, otherwise price will sink like stone.

Nice, still going up. To me, Harta should be RM3. If don't believe, sell to me! Joking lar, I got no money!

Impeach Biden based on what crime?

Not surprised at all if this Natsuko fella has been buying all the while. Good return, you know :)

A short squeeze? Interesting...

Lol I'm still on the r.tard hlod side. Even though bought a lot around 1.60-1.70, I'm still not happy with my current average price. Just hlod.

I also have no idea why price goes up all of a sudden. May be pump, may be based someone has inside info. Just a small ikan bilis. Just take what I can get.

If bought at 1.50 or 1.60 a month or two ago will untung besar if sell now. Any reasonable short-term traders would take some profit. For long term holder, may be an indicator that glove industry recovering. Anyway hope to see ASP, revenue and utilisation rate improves in the coming months.

@Cerubic Agree. Good to hear a reasonable voice amid this chaotic forum.

Some people here buy and keep long term, while others play short term goreng nasi. So can understand why people buy and sell at a given price. But when someone says new vaccine cause people to stop wearing gloves... well that's new, lol!

@President Buy now? I should sell lar... take profit now and wait for Natsuko's 1.2 prediction, lol!

Nice, where are those smart geniuses telling us that we are approaching 1.2? Or is it 2.1, lol!

Li Qiang the party chief of Shanghai? You mean the guy responsible for the Shanghai lockdown from April to May of 2022? Definitely did a real good job there, deserves the No 2 spot, no doubt about it! I am sure he will be the most qualified person to dictate the direction of China's economy!

Keep in mind that everyone has a price. If the money is good, I will also simp hard for the great CPC! You don't even need to write, they provide the source material, just copy-paste and collect the RMB (I prefer USD,lol!)

If benevolent President Xi rejects the third term, imagine the outpouring of grief from 14 billion citizens! People on the street will be crying day and night, seven days in a row! A nation in mourning! Without Xi highly efficient Dynamic Zero Covid19 Policy, how can people have the strength to live on without taking PCR test every two, three day! Surely the people cannot cope with this much freedom! No, no, no, President Xi must continue, he must not refuse, he cannot! He must take the third term. And accelerate the great rejuvenation of his people!

I also have no problem with 'benevolent' President Xi to stay for another third or fourth term. In fact he should beat Mahatir and stay on until PRC 100th anniversary in 2049. Only 98 years young, wa seh, still can go on! We wish President Xi the very-very best, and stay on as long as possible!

My advice is don't commit into something you can't afford to lose. While prices are on a decline since early last year, prices surge whenever covid cases surge. Happens before with the Delta variant (April 2021) and the Omicron varient (~Oct 2021). Until we see a steady uptick in ASP and higher utilisation and revenue, don't get too carried away with surging Covid cases.

Just my 2 cents (not buy or sell call)

@NatsukoMishima you should really short this stock, that should teach those foolish glove investors :)

I suspect sentiment improved because of a surge in new variant (BQ.1 and BQ.1.1). We may be sick of the pandemic, but the pandemic ain't sick of us, lol! Be careful out there!

@NatsukoMishima you mean like buying your favourite stock Dnex?
Since mid September, Harta's price is slowly increasing, while Dnex is moving in the opposite direction. You could have made some good money switching from Dnex to Harta, lol!
Anyway, good luck on your trolling effort!

Okay I see your meaning, my bad.
When manipulators can influence big market like the US, small market like Malaysia no need to say lah. Big fish can easily use their tail, push price up and down as they wish.

@President Don't say no one buy many investors quietly buying Harta at low price, don't have to announced to i3. I also recently bought some, but don't feel like announcing to every Ali, Balan, and Chow on the road.

If short-term investor want to take small profit, feel free to do so. Until we see some improvements in the glove industry, price can easily swing up and down.

Market not too happy with yesterday's announcement, yet Harta price remains relatively stable.
I wait until neck long2 for RM1.2X. The sooner the better. Plan to collect more! Please convince big fishes to throw Harta! :)

Unlikely. They would rather wait until after the "Two Sessions" some time around March 2023. Even if China decides to open next year, they would not open up at once. They may test out some cities to avoid a sudden spike in cases.

Again all these are speculations because it all depends on one very important person, and he ain't saying anything about opening up yet.

Nobody knows when China will open up, but JP Morgan and Goldman Sachs predict relaxation policies by second half of 2023 (April or May at the earliest).

For those who accumulate since RM1.50, its okay taking profit at RM1.80. A 12.5% profit within a span of 3 weeks is good trade IMO.