The night is still young!

If today close green, then there is chance to go higher on following days.

https://focusmalaysia.my › ems-ipo-...
EMS IPO Aurelius Tech well aware of forced labour 'trap'

Andy Hall cannot kacau

Atech not hire foreign workers, not like VS, Ataims, Skpres etc

Time to break 2

I already mentioned I learned hard lesson from glove counters. Now you can see even Leonfb and Prestar with increasing profit in latest Q and PE 2+, the price still drop. It is pretty much like glove counters. Bcos market expect the high price of steel cannot sustain..

Wow, if short selling ban, sure the price won't be pressed down anymore. Guess will immediately up alot upon announcement!

Close at 1.55, still uptrend

I think can stay away from glove counters until it starting to report increase in profit QnQ. Probably in 2H 2022 or 2023.

Revenue making profit every qtr due to its stable recurring rental income.

Ataims scary graph due to loss making in recent qtr report. Cannot compare with Revenue

Wah, Supermx huge cash already can privatize the group!

Drop below pre pandemic, ridiculous!!!!

Agree with masterus

Huh, surge more than 100%, no more meat

Why no explanation of the loss in this quarter in the report?

Brendancollin, how you know the factory closed in June 2021 and reoperate in Sep 2021?

I learned hard lesson from glove counters. It prevents me to make another big loss from steel counters now. Market always reflect 6months or more earlier. I always ask, what is the policy of China after Winter Olympics in Feb 2022? Logically it will loosen it's restrictions on steel production to ease the tension of supply if still persist during that time.

Johnchews5, the ASP of gloves was still increasing till 1st qtr 2021 yet the gloves counters price already peak at Sep 2020. I thought as long as ASP is increasing and demand still higher than supply, the stock price will rebound and break new high but I was wrong. I learned a hard lesson from there. That time, many analyst also saying the factory expand capacity need time. Now the situation of steel counter seems similar. Demand still higher than supply. Even worse is the steel price seem have peak and steel counter seem have peak too. And many analyst say expand steel factory need time too. Every similar situation. Just my concern and opinion.

If the steel price has peak and downtrending, market may also won't bother how low the PE of steel counter. Just my opinion. I could be wrong.

Looking at ASP of gloves, when it is dropping, market doesn't bother how low the PE of the glove counters, it is keep dropping.

The most difficult part is market always reflect 6 months in ahead before the price drop. In the case of glove, glove counter drop 9 months before the ASP drop. If China pick up steel production after winter Olympics in Feb 2022. Then the steel price will collapse, if market reflect earlier, then the share price may have peak already.

The performance of Hiaptek most of the time does not depend on its fundamental, it depends on the steel price. If the steel price has peak and drop, no matter how aggressive the expansion plan is, it is useless. This can be learn from glove counters.

No mega project in Budget 2022, no catalyst for construction sector plus KLSE sentiment may be bad next month due to parties under PN fighting in Malacca polls.

China curb steel production till Mar 2022. How about after Mar 2022? Will it flood the market again with a lot of steel? If yes, the steel price will collapse at that time. Stock price always reflect 6 months ahead. Just like glove counter, before ASP drop, share price already peak at even 9 months ahead. Anyone have info of China government policy after Mar 2022?

Everyone is puzzled with the big drop of this counter today. Possible for technical rebound tomorrow?

Increasing demand of steel across many sector such as construction, automobile, shipping etc but reducing supply from world largest steel producer China.

It is uptrend now, just hold tight!

Ard 85% of it's market is local whereas the rest is focus on South East Asia. The impact of lockdown is temporary. See the price trend of Nestcon, even though the lastest qtr profit drop due to lockdown, the price is still in uptrend.

Anyway, think will drop for at least 2-3 more days before becoming uptrend.

If the market is good, IPO with this price level and this kind of high profit margin company should already shot up ard 100% during opening. This bad market sentiment provide us opportunity to accumulate after IPO.
.

Since they can sustain in this business for 32years with high profit margin, I believe they must have some special technical skills which are hard to be replicated by their competitors.

Many competitors but their margin is high!

With this price, the market seems like quite confirm to tell us that China gonna flood and dump the gloves at lower cost price worldwide. Is it possible in the future?

Harta will be severely impacted as all factories in Selangor

Kossan in Meru close but Top Glove in Meru still operate.

Why Kossan factories in Meru close while Top Gloves factories in Meru operate as usual?

Harta deserve higher PE due not only due to higher margin but also due to its stable financial performance over the years. The qtr profit never fall more than 30% QnQ since 2008 if you notice.

Lead time drop to 20-50 days depend on type of gloves, very near to 30 days during pre pandemic, yet the ASP still significant higher compare pre pandemic.

Should rank higher if update UWC bonus share

Harta is 10.40

Low PE, low price, bullish sector, mgmt inform impressive coming earning, worth to keep

Why no update the price of JFtech after bonus issue? Otherwise, should rank no
1

TG reduce capacity, gloves shortage will become more severe. It may trigger increase of ASP.

Up dy, no benefit for hater, they stop type here.

Going to turn green soon!

Why hater spend time to type here? Are they care about your money? Scare you lose money? Nope, they miss the boat, they want to buy cheaper. If not benefit to them, why spend time type a lot here? Think twice.

Last time when uncle break his golden rules to select carimin early of 2019, the price up up up. Not easy for uncle to break his golden rule unless got solid reason.

If uncle inform he is buying and selling like last time, then someone said will report to SC.