Hi Ben, why top glove and not harta? Share your thoughts. From my understanding, as an investor there are several traits that would put harta as a standout glove company compared to the others.
1. Higher lever of automation resulting in a highest profit margin among the glove company
2. Always ahead of their competitor, you can read up on how they beat their competitor to reclaim the position of lightest nitril glove producer. Bcs the product was always in their warchest.
They are also heading in the right direction with regards to R&D with their antimicrobial gloves
3. Building a lasting relationship with their customer by not hiking up the ASP. This will benefit them in the long run.
4. More focused on business then share price. No bonus issue or SBB. I believe they are investing in areas where it would give then competitive edge once ASP reduces.

Always enjoyed reading your research, it provides the much needed conviction when the tides are against you. I hope I have learnt few things from this experience too.

Happy Chinese New Year DK, wishing you a prosperous years ahead!!

This attachment is wrong. It had been removed from bursa website

Uncle KYY still in glove, sangkut i think.

No travelling for how long? You don't value a stock like that. But sentiments definitely work like that. So just take advantage of any drop due to negative sentiments.

@hamsterhuat Are you being serious?

"Serious long-term investors should know the current down trend is only temporary."

Uncle should understand that this pandemic situation is also temporary. What will make the difference is how these glove company like supermax will use their cash.

If your buy back shares then it does not add much value. However, if the cash can be used to diversify into a new business and fast track the expansion this would add value for the company through diversification.

https://www.themalaysianinsight.com/s/290227

Uncle should make the smart move now la, if they depress the price then you buy more la. Later can huat more.

What if JP Morgan also did a KYY style move. Sell and then highlight all the bad things about the company.

Buy Jaks!!!

I just wanted the news of bonus issue to be a catalyst to push the price higher so that I can sell it.. Hahaha.

Anyone thinks the management will go for a bonus issue?

Can goreng for ventilators but don't la goreng for 40-50 ventilsators a months sale.. Aduiii

Supermx has always had low PE compared to Harta. Harta has always had the highest PE among the glove makers.

It's the premium for their unmatchable operational efficiency which translates into profit margin.

Another good day, new high!!

Badly hit yes.. But for how long? Can a net cash padini survive and normalise it's earning within few quarters? Definitely..

True, Anti bacterial glove does not kill virus. Do some research, or at least google it up. AMG is for prevent cross contamination caused by bacteria.

All in favor of HARTA. R1 at 7.50 looks like going to turn into the new support. Next resistance is at R2 (7.85)

Harta is to benefit from multiple factors, the surge in demand is evident, but their overhead cost will also be lower due to the lower natural gas price and also better exchange rate.

The only thing is missing now is the translation of these factors into result. If they can demonstrate that in the next quarter then we are will have another catalyst for the price movement.

Can't wait for May quarter release. That will be perspective to the effect of COVID-19 on the demand and profit

New high

The fact that so many countries are doing lockdown means the virus outbreak is going to long but in lower numbers.. Hence, the glove demands will remain high for few Qs. Once it start being reflected in the results in coming Quarters, then the price will continue climbing.

krik2.. Cold Eye still holding this stock. A potential turnaround stock.

This is a good stock with prospect with the OPR cut there will be temporary drop in revenue before it recovers. Be patient, stay away and monitor the stock for buy opportunity in May 2020 after quarter result is out. From that point onwards, moving forward will be all positive with no further OPR cut.

Why park your money here for next few months while waiting for it to be re-rated? You are better off if you look for opportunity elsewhere while monitoring it.

The price now is cheap, but you can get it cheaper. Be patient.

Thanks syariah committee for giving us chance to enter this stock again at discount.

Icon, why only 15% on ABMB?

@icon8888 are you still holding IQ shares? I sense it is nearing it's turnaround point, and the current price looks extremely beaten down. With almost non-existent retails holders.

But every quarter, it's the same story. What do you all think?

Hi, I'm a relatively new trader trying to learn the art. Hence I would like to share my view here. Please comment on it.

Bonia after the close on 22/01/2015

Bonia showed few reversal indicators:
Double bottom
MACD moved above zero
Breaking it's RM 1:00 Resistance

Hence the next resistance is at RM 1:15.
Buy Price: 1.03
Target: 1:15
Support: 0:98
Risk Reward Ratio: 1:2.4

Please share your views sifus

nice one nick. I share the same philosophy. The key is to enter the market with a plan and be disciplined enough to stick to it. Try to write the reason you are buying a stock on a paper. For example, SPRITZER is a bottled water selling company with huge market advantage. Water being an essential element for living, add together with the growing population and the water crisis now and then, you can be sure that the company will give you a handsome return on a long term basis.

Remember, those who fail to plan, are planning to fail.

Why no movement today?

Should I hold or sell? Bought at 0.31.