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2022-09-07 10:02 | Report Abuse
still got hope??? no more cukai makmur, asp at bottom now, foreign workers recruitment commences, supply & demand at equilibrium now, etc...
2022-09-03 12:11 | Report Abuse
buying n accumulating of Harta's shares for imminent price uptrend by year end n towards 2023 have started.
2022-09-01 10:12 | Report Abuse
khatulistiwa1234 continues to dominate Harta forum n d share price is going uptrend!
2022-09-01 09:50 | Report Abuse
khatulistiwa1234 is back not answering questions but sinkalang as usual.
2022-08-31 12:27 | Report Abuse
@khatulistiwa1234,
when is d date of d coming AGM n d announcement of d 3.5c dividends they declared to b paid in Sept. '22?
2022-08-29 22:08 | Report Abuse
The Malaysian Rubber Glove Manufacturers Association (Margma) has forecast that global demand will see a recovery in 2023. "The industry could see a turnaround next year if more small players consolidate to address the oversupply issues. We also expect the demand for gloves to be at 6.8% annually, which is higher than pre-pandemic levels.”
CGS-CIMB expects ASPs to stabilise by the end of the year at US$22 to US$24 before increasing to US$26 to US$27 in 2023. If so, ASPs would still be higher than pre-Covid-19 levels as gloves were fetching US$20 to US$22 at the time.
"Some of the glove companies are sitting on a huge war chest that was built in 2020 during the rally in the global glove prices caused by the Covid-19 pandemic,” observes a fund manager. Glove players that strengthened their balance sheets during the boom should be able to weather the storm and see better days in the long run.
2022-08-29 11:18 | Report Abuse
HARTALEGA "Our Industry’s First."
1. First to create non-leaching Antimicrobial Gloves that kill up to 99.99% bacteria.
2. First to create Colloidal Oatmeal Coated Gloves to improve skin moisture & barrier.
3. First to develop Light Weight Nitrile Gloves.
4. First to commercially produce High Stress Relaxation Nitrile Gloves.
5. First to develop Polymer Coated powder free examination gloves.
6. First to develop single glove dispensing to prevent glove wastage & contamination.
7. First to develop automated glove stripping machine.
8. First to implement double former production line.
9. First to successfully registered biomass energy plants with UNFCCC (Kyoto Protocol).
10. First to commission high capacity production lines (45,000 pcs of gloves per hour).
2022-08-23 20:15 | Report Abuse
Are Malaysians Rubber Gloves Manufacturers In Compliance With ESG?
"Malaysian firms that ignore ESG (environmental, social and governance) could go the way of dinosaurs". Panelists at an ESG discussion organized by the Malaysian Investment Development Authority said on Tuesday (Aug 2).
According to Investopedia’s survey in 2021, 67 per cent of multinational companies have expressed interest to buy more shares of ESG-focused companies. Fund Managers are taking a pause to relook their strategy for companies with long-term sustainability based on ESG to increase their productivity, reduce reliance on foreign labour, and ways to achieve cost savings.
2022-08-22 20:11 | Report Abuse
WORLD HEALTH ORGANIZATION (WHO)
7.9 billion people are still living through Covid-19.
It is not over!
2022-08-20 20:59 | Report Abuse
Hartalega - Exporting High Quality Gloves Around The World.
Innovativeness:
New & Improved Products Are Key To Unlocking New Markets & Opportunities.
BDGTM Nitrile Biodegradable Gloves are an eco-friendly option for use in medical, laboratory, food and industrial fields. It indirectly produces clean and renewable energy through the unique and organic additive that attracts microbes commonly found in landfills to disintegrate the gloves naturally, leaving behind only biogas, water and inert soil. Hartalega BDGTM Nitrile Biodegradable Gloves offer better ASTM D5511 biodegradation performance. The more you use BDGTM Nitrile Biodegradable glove, the more you keep our earth clean.
2022-08-19 11:32 | Report Abuse
Organic growth
Hartalega bets on anti-microbial gloves as the new game changer. Touting the new product as a “game changer” that could elevate Malaysia’s glove manufacturing industry, Hartalega managing director Kuan Mun Leong says the group aims to make its AMG the new standard globally.
About a decade ago, Hartalega Holdings was the first company in the world in 2005 to come up with lightweight nitrile gloves. Today, Hartalega, the world’s largest nitrile glove producer, hopes such revolution can be replicated through its newly created antimicrobial gloves (AMG). What’s so special about the AMG is that it is the world’s first non-leaching glove that effective in killing prevalent and antibiotic resistant microbes in five minutes. This is useful in the global healthcare industry that has for long been bogged down by healthcare-associated infections (HAIs). HAIs are infections that patients can get while receiving medical treatment in a healthcare facility. It costs the healthcare industry billions of US dollars each year to address the problem. “This new product is cost-efficient to produce; and the price premium attached to it is not too forbidding for the gloves to be adopted globally,” Kuan says.
Citing data from World Health Organisation, it costs the European Union seven billion euros (RM32.75bil) each year to tackle HAIs that affect 4.1 million of its people and cause 37,000 deaths. In the US, the annual cost is US$6.5bil to deal with HAIs that affect 1.7 million of its people, and cause about 100,00 deaths.
“We’ve been receiving good response from our customers in Europe... the next market for us is the United States,” Kuan says of the prospects of AMG. Hartalega launched the AMG in Europe.
2022-08-18 21:15 | Report Abuse
who said China's labour cost is cheap? yes, decades ago not now!
why compared with China when our gloves are also sold to manufacturers of semiconductors and consumer electronics and for automotive maintenance and spray painting. The company organizes itself into six segments based on geography: North America, Europe, Asia, Australia, Malaysia, and South America. More revenue comes from the North America segment than any other.
2022-08-16 21:48 | Report Abuse
keep in at 1.60 but wooshhhh naik 1.82
2022-08-16 21:43 | Report Abuse
apa mahu check? tunggu naik half of a cent all happy!
2022-07-29 11:15 | Report Abuse
price should LU n gauged demand when regasification facility (converting liquefied natural gas to natural gas) in Melaka commenced after September '22.
RGTSU (Regasification Terminal Sungai Udang) is known as the world's first-of-its-kind regasification unit on an island jetty, according to PetGas.
2022-07-29 07:47 | Report Abuse
Last Updated: July 28, 2022 at 1:12 p.m. ET
Bad news for borrowers: The ‘terminal rate’ — the peak of the Fed’s interest-rate cycle — may still be quite far off.
2022-07-24 09:22 | Report Abuse
Gas prices often move like "rockets and feathers," meaning they shoot higher and sink slowly.
Just don't expect prices to fall as quickly as they rose. Gasoline is perhaps the best example of asymmetric pricing in the real world, a term that's more casually known as "rockets and feathers." The dynamic is used to describe how prices can soar higher like rockets but decline with the urgency of a falling feather. And although it's unclear what exactly is behind the trend, various signs point to "greedflation."
2022-07-22 22:31 | Report Abuse
as long as inflation persist, d petroleum n gasoline refineries will make huge profits!
crack spread price will always b subjected to intervention by govt (by ways of subsidies, tax cut/rebate to refiners, lowering price of crude oil, etc.) to help d consumers facing hardship during d high inflationary period.
2022-07-21 22:24 | Report Abuse
lower crack spread is due to govt interference to fight rising inflation so as to bring down d price of car fuels n gas to help d consumers! these can b in d form of subsidy (govt commitment/moves to absorb d difference of product cost n selling/pump cost ), fuel tax cut (lower taxable profit on oil & gas companies) n pushing d oil n gas companies to increase production to meet supply n demand of crude! the sanctions on Russia's oil n gas has resulted in high shortages of oil n gas globally especially in EU countries! the increasing oil n gas production has helped to control d rising prices of these products but a lower crude price do help d refiners on their profit margins of crack spreads!
so, a lower crack spread has slightly impacted d profit of refiners but current crack spread is still at all time high! these r reflected in their higher revenue n profit report!
2022-07-20 14:14 | Report Abuse
Voices: Russia is about to play its most dangerous cards and the west is not ready.
A few weeks ago, the US bank JP Morgan offered an apocalyptic warning that barely made a ripple outside the financial press. It said that if Russia completely halted oil exports, the shock to the world economy could be so large it would instantly quadruple the price of oil to nearly $400 a barrel. Right now, it’s hovering at around $100 a barrel.
Since the world is still heavily reliant on oil, the shock to the world economy would be far worse than during the 1970s and plunge us into a deep recession.
2022-07-17 17:47 | Report Abuse
does fuel tax duty cut undertaken by US n other countries to bring down retail gasoline prices affect d profit margin of oil refiners?
2022-07-13 10:01 | Report Abuse
just got my 20 cent dividend yesterday! d price is so low now due to d dropped in crack spread but d retailing margin is still profitable as compared to before d covid19 pandemic n Russian's oil sanction!
2022-07-08 11:42 | Report Abuse
Petronm 31st Dec. '21 final dividend of 20 cent payment today!
2022-07-07 07:58 | Report Abuse
Saudi Arabia is charging Asian buyers near-record prices for oil as demand soars and supply remains pressured.
Saudi Arabia will raise oil prices next month for Asian buyers to $9.30 a barrel above the regional benchmark.
Prices from of the world's largest oil producers have skyrocketed past other countries in the Middle East.
Although OPEC+ agreed to raise production in July and August, experts say it'll be hard to meet targets.
2022-07-07 07:51 | Report Abuse
Catsimatidis, New York billionaire and refiners aid in the interview on Fox that there’s only one fix for the current inflationary spike—a big part of which is due to soaring energy costs.
“We have 100 years’ worth of oil,” he said. “Open up the spigots.”
“If we open up the spigots and flooded the market with oil, with crude oil, American crude oil, we bring the price of oil back” and “inflation goes away,” Catsimatidis said.
2022-07-06 12:10 | Report Abuse
The trend of high gasoline production is set to continue in the near future as refiners run at full tilt to take advantage of the high refining margins. The crack spreads are well above historical averages due to low inventories both in the U.S. and globally, fuel demand rising to near pre-pandemic levels, and lower product exports from Russia, the Energy Information Administration said last month. The EIA expects America’s refinery utilization to reach a monthly average level of 96% twice this summer, “near the upper limits of what refiners can consistently maintain.”
In its June Short-Term Energy Outlook (STEO), the administration forecast that U.S. refinery utilization would be relatively high this summer in response to strong wholesale prices for petroleum products. These petroleum product prices have increased more than the price of the crude oil used to make them.
2022-07-06 12:03 | Report Abuse
Saudi Arabia increased next month’s oil prices for its biggest market of Asia amid signs that underlying demand remains robust despite growing recessionary concerns.
State producer Saudi Aramco raised its key Arab Light crude grade for Asian customers by $2.80 a barrel from July to $9.30 above the regional benchmark, almost a record high. The move was roughly in line with expectations, according to a Bloomberg survey of refiners and traders last week.
Still, most Wall Street analysts remain bullish about oil prices. Western sanctions on Moscow following its attack have disrupted flows of crude and refined products from Russia. In Asia, many refineries are almost running at full capacity and have seen their margins soar, enabling them to accept higher prices for crude from Saudi Arabia and other producers in the Persian Gulf.
Aramco’s pricing decision came days after OPEC+ -- led by Saudi Arabia and Russia agreed to raise crude output next month by 648,000 barrels a day. Yet most of the cartel’s members are struggling to boost supply and are expected to hit only 50%-70% of their collective target.
2022-07-06 07:26 | Report Abuse
Oil and gas companies have emerged as the only bright spot in a deeply bearish U.S. stock market, thanks to soaring commodity prices fuelled by the war in Ukraine.
The S&P 500 ended H1 2022 with a 20.6% fall, marking its worst H1 since 1970. In sharp contrast, the S&P 500 energy sub-index, comprising 21 big oil and gas groups, jumped 29.2% in the year-to-date and stands out as the only sector in the green so far in the year.
Although the oil price rally appears to have stalled over the past month, thus capping further gains for the energy sector, a cross-section of Wall Street believes that oil prices still have plenty of upside. One such bull is J.P. Morgan Chase, which last week warned that global oil prices could climb to a "stratospheric" $380/bbl if G7 nations succeed in imposing caps on the price of Russian oil and prompt Vladimir Putin to inflict retaliatory production cuts. "The most obvious and likely risk with a price cap is that Russia might choose not to participate and instead retaliate by reducing exports. It is likely that the government could retaliate by cutting output as a way to inflict pain on the West. The tightness of the global oil market is on Russia's side," JPM analysts wrote.
2022-07-06 07:19 | Report Abuse
Oil and gas companies have emerged as the only bright spot in a deeply bearish U.S. stock market, thanks to soaring commodity prices fuelled by the war in Ukraine.
The S&P 500 ended H1 2022 with a 20.6% fall, marking its worst H1 since 1970. In sharp contrast, the S&P 500 energy sub-index, comprising 21 big oil and gas groups, jumped 29.2% in the year-to-date and stands out as the only sector in the green so far in the year.
Although the oil price rally appears to have stalled over the past month, thus capping further gains for the energy sector, a cross-section of Wall Street believes that oil prices still have plenty of upside. One such bull is J.P. Morgan Chase, which last week warned that global oil prices could climb to a "stratospheric" $380/bbl if G7 nations succeed in imposing caps on the price of Russian oil and prompt Vladimir Putin to inflict retaliatory production cuts. "The most obvious and likely risk with a price cap is that Russia might choose not to participate and instead retaliate by reducing exports. It is likely that the government could retaliate by cutting output as a way to inflict pain on the West. The tightness of the global oil market is on Russia's side," JPM analysts wrote.
2022-07-05 21:57 | Report Abuse
At present, the bank’s economists do not expect the US to dip into recession. “For oil, the historical evidence suggests that oil demand goes negative only in the worst global recessions,” the Citi analysts said in the July 5 note. “But oil prices fall in all recessions to roughly the marginal cost.”
2022-07-05 21:33 | Report Abuse
looked at PetDag, today up 94 cent (4.54%) doing similar business like HengYuan n Petronm (better fundamental)!
2022-07-05 08:13 | Report Abuse
still see strong interest by investors on Hibiscus!
2022-07-05 08:07 | Report Abuse
Gas prices are soaring as Western sanctions on Russian energy have cut supply of refined products and there's a growing possibility of an even bigger drop-off in Russian output. It's been worsened by operational struggles at refineries after the impact of COVID-19 and years of under-investment in the industry, said Vitol's Head of Asia and other oil products Mike Muller.
In the US, the national average for a gallon of regular gasoline is $4.81, compared with last year's $3.13, according to data from the AAA. The rise in costs is a factor ultimately driving red-hot inflation in across the country, in which inflation rose by 8.6% through May to reach its highest in 41 years.
President Joe Biden on Thursday didn't appear to be able to offer much in the way of relief for American drivers, however, saying there may be no end in sight to rising fuel costs. High gas prices will continue for "as long as it takes," to punish Russia for its invasion of Ukraine, he said.
Addressing Asia, Muller doubts that China, which is a huge exporter of refined products, will increase their export quotas in the near future meaning gas prices may stay high.
2022-07-05 07:55 | Report Abuse
low trading volumes! obviously, selling price is controlled by certain parties! has d current price bottomed or will go lower? profit margin for crack spread still high although has dropped slightly!
2022-06-23 21:38 | Report Abuse
KUCHING, June 23 — Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed today said the federal government may have to come up with RM30 billion this year for fuel subsidies alone, over 170 per cent higher than the RM11 billion for 2021.
Guess how much Petronm will get from d RM30billion subsidy every quarter?
2022-06-23 06:18 | Report Abuse
Date : 22/06/22
Crack Spread Futures : USD33.481 (+1.327 or + 4.13%)
HENGYUAN:
EPS=37.94cent
PE = 12.02 times
2022-06-22 20:42 | Report Abuse
most stocks were hammered down today as KLCI dropped 26.78 points to settled at 1431.10 points. If tonite US market r all green, should see a strong buying pushing up d price!
2022-06-22 19:57 | Report Abuse
poor guy going kuku! i clearly see CPO price dropping everyday since 7th June until now!
2022-06-22 12:41 | Report Abuse
is it gud new? najib says d price of RON95 can b raised by 10 to 20 sen n export duty on palm oil increased to help d lower income group!
2022-06-22 12:40 | Report Abuse
is it gud new? najib says d price of RON95 can b raised by 10 to 20 sen n export duty on palm oil increased to help d lower income group!
2022-06-22 12:40 | Report Abuse
is it gud new? najib says d price of RON95 can b raised by 10 to 20 sen n export duty on palm oil increased to help d lower income group!
2022-06-22 08:50 | Report Abuse
Date : 21/06/22
Crack Spread Futures : USD32.154 (+0.114 or + 0.36%)
HENGYUAN:
EPS= 37.94 cent
PE = 12.39 times
2022-06-22 07:48 | Report Abuse
do invest wisely with ur hard earned money! many singkalang sifu in I3Forum!
fyi, chicken price has increased from RM10/kilo to RM14/kilo! that's a deep cut on ur purse n a hard knocked on ur head!
2022-06-22 07:31 | Report Abuse
sailang at 7.40 magic number!
2022-06-21 21:39 | Report Abuse
Posted by pang72 > 2 minutes ago | Report Abuse
Sell 4.70 buy back rm12 waiting Q2 record earning?
This mathematic tak Betul leh
lol! today happy n act kuku! tomorrow should b crazy!
2022-06-21 17:58 | Report Abuse
believe or not? most tech stocks r still over-valued in bursa eg. new ipo SFPTech from 30cents to 70 cent! anyway, see how d Nasdaq n S&P 500 performed tonight!
2022-06-21 17:04 | Report Abuse
boom pipi up 8%!
2022-06-21 17:02 | Report Abuse
boom pipi up 6%!
Stock: [HARTA]: HARTALEGA HOLDINGS BHD
2022-09-07 10:09 | Report Abuse
wonder when d short selling will stop? until year end?