Consolidation short term ABCDEF breakout already evident on Msian Gamestop Act in all big 4 gloves counters portending higher prices to come. Medium to Long Term on Uptrend on strong earnings visibility for the next few quarters.

Do not be perturbed by short term drawdown on negative unsuspecting news which do happen from time to timr as gloves fundmrntals csnnot change overnite. Yesterday knee jerk sell off was a good buy for strong hands medium to long term investors.
Any decent correction short term is a buy for a hold for at least 1 year period on humongus gloves earning visibility.
Just remain steadfast in your confidence and conviction for remaining invested in a fundmentally sound company like TG.

It is sheer stupidity to raise windfall tax on existing gloves companies just because they have the luck to ride on a virus pandemic.
Afterall, all these gloves companies are already paying taxes to the govt. coffers.
Besides these companies provide jobs for the peopleto survive in good or bad times even in a mismanaged economy by the incumbent govt.
No point trying to break the goose which lays the golden eggs that feed the govt. thru tax collections.
Suspect windfall will not be passed and therefore no need to be perturbed by it besides the US Presidential Elections.
Just ride on the medium and long term uptrend of Hatalega with a buy and hold investment strategy to enjoy your hard earned labourin due course as so far to date, all existing glove companies will to enjoy at least a 12 months earnings visibilty of humongus profits for next few quarters as gloves findamentals cannot change overnite.
At least, virus spread globally will likely disiipate after 2 years from the date it started.
Hold stead fast to the 2 Cs: Conviction and Confidenence in your medium to long term investment thesis and not let short term mkt gyration cloud uour positive outlooks on all gloves counters!!!

Post removed.Why?

All gloves counters are COVID RESISTANT!!
Why bother to invest in other stock mkts when our home grown existing gloves companies are helping many smart strong hands investors already invested locally to enjoy hefty profits to date where there is already strong earnings visibility for the 12 months and beyond as long the virus pandemic continues to roll on.
Any decent correctional dip is a good buy for new investors to buy Big Brother TG as staying invested like our EPF is a no brainer.
Do not be perturbed by Msian politics and US PE as gloves fundamrntals are rooted and anchored in solid ground.
Humongous earnings every quarter results release will trump all!!
Stay invested for at least a minimum of 12 months to enjoy the fruits of your labour as gloves fundamentals cannot change over nite!!!

Guys/Gals pl show restraint in this forum by no names calling and what not which is meant to be contributions from all bears and bulls alike to share their views.
Appreciate in this Harta forum, pl do not pen anything regards other gloves counters.
Pl stick to the relevant forum to pen Supermax instead as this is strictly a Harta's forum!!
Thk you!!!

Hartalega released PAT at 545 million ringgit!!!

Once a KING, always the KING.
Min PAT at 750 million on increased gloves ASP of min.US$35 per 1000 box.
1st Target selling zone above 21.50 ringgit before next profut taking round and thereafter 26.00 ringgit before 1st quarter 2021.

I must congratulate brave hearted TG supporters for doing dip buying since yesterday and early morning trade below the 8.90 ringgit as the primary trend of TG short term is still intact and unchanged as small abberation resulting in minor pullback is not an issue for the next advance.
My first target TG to date is 10.75 ringgit for profit taking round.
Medium to Long term I have a higher target to 16.00 ringgit first half 2021 on humongous earnings visibility for the 12 months or so.
Investors just need to follow the upward trend which is your friend until it bends!!!
Due diligence is warranted!!!

I must congratulate brave hearted Harta supporters for doing dip buying since yesterday and early morning trade below the 18.00 ringgit as the primary trend of Harta short term is still intact and unchanged as small abberation resulting in minor pullback is not an issue for the next advance.
My first target Harta to date is 21.10 ringgit for profit taking round.
Medium to Long term I have a higher target to 27.50 ringgit first half 2021 on humongous earnings visibility for the 12 months or so.
Investors just need to follow the upward trend which is your friend until it bends!!!
Due diligence is warranted!!!

AstraZeneca shares slide after Brazilian health authority says volunteer in Covid vaccine study dies as eeported by CNBC news!!! I must say vaccine success is therefore unfounded!! These are short term noises in an overbought mkt which prompted yesterday heavy profit taking by jerky long mkt participants like contra and short term traders on technical considerations which gave big opportunities to local insitutions and strong hands investors to buy cheap shares in view of humongous earnings visibility on all gloves counters for at least a 12 months peroid for a buy and hold strategy. Short Term: Uptrend is maintained.Medium Term: Uptrend. Long Term: Uptrend
Due diligence is warranted!!

AstraZeneca shares slide after Brazilian health authority says volunteer in Covid vaccine study dies as eeported by CNBC news!!! I must say vaccine success is therefore unfounded!! These are short term noises in an overbought mkt which prompted yesterday heavy profit taking by jerky long mkt participants like contra and short term traders on technical considerations which gave big opportunities to local insitutions and strong hands investors to buy cheap shares in view of humongous earnings visibility on all gloves counters for at least a 12 months peroid for a buy and hold strategy. Short Term: Uptrend is maintained.Medium Term: Uptrend. Long Term: Uptrend

22/10/2020 1:55 AM

AstraZeneca shares slide after Brazilian health authority says volunteer in Covid vaccine study dies as eeported by CNBC news!!! I must say vaccine success is therefore unfounded!! These are short term noises in an overbought mkt which prompted yesterday heavy profit taking by jerky long mkt participants like contra and short term traders on technical considerations which gave big opportunities to local insitutions and strong hands investors to buy cheap shares in view of humongous earnings visibility on all gloves counters for at least a 12 months peroid for a buy and hold strategy. Short Term: Uptrend is maintained.Medium Term: Uptrend. Long Term: Uptrend

AstraZeneca shares slide after Brazilian health authority says volunteer in Covid vaccine study dies as eeported by CNBC news!!! I must say vaccine success is therefore unfounded!! These are short term noises in an overbought mkt which prompted yesterday heavy profit taking by jerky long mkt participants like contra and short term traders on technical considerations which gave big opportunities to local insitutions and strong hands investors to buy cheap shares in view of humongous earnings visibility on all gloves counters for at least a 12 months peroid for a buy and hold strategy. Short Term: Uptrend is maintained.Medium Term: Uptrend. Long Term: Uptrend

Just because of old vaccine news surfacing again does not mean the primary trend of glove counters has been violated. It is only a pullback in a short term overbought technical mkt that fearful mkt particpants have found every reason to take profits which have been well absorbed by institutions dip buying strategy on humongous earnings visibility for the next few quarters.
Let the contra players and weak retail players get out of their long positions for strong hands smart investors to buy and collect cheaply into todays' profit taking round.
Investors staying the bull course not letting short term gyrations cloud their medium to long views on glove counters demamd fundamentals resulting in strong earnings every quarters financial release will get to enjoy decent dividend payouts and price appreciation in due course.
My selling zone for TG at 10.50 ringgit still remains unchanged before end November for profit taking. Yet better still, my medium to long term target at 16 ringgit still remains unchanged!!!

Harta targeting my target selling zone above 20.50 ringgit (correction of earlier post 10.50) for profit taking.

Dear Hartalega supporters, dont be perturbed by Msian politics as all glove counters are presently safe haven play.
Short Term: Uptrend
Medium Term: Uptrend
Long Term: Uptrend
Short term play by speculators or contra players should only buy at pullbacks to suit their risk appetite as no mkt is linear and over bought mkt will elicit profit taking round from time to time. If they do not have have stop loss points but yet can convert to medium to long term investment for a buy and hold strategy even if mkt turns against them as now short term is a dip buyers's mkt which is better for choice.
Hartalega will probably hit my short term selling zone at 10.50 ringgit to date barring any short term negative news to derail its potential rise towards results day on Oct 27.
Medium to Long Term investors can sit out their investment for the next few quarters for at least 12 months visibility to enjoy price appreciation and dividend payout to hit my target of 26.00 in due course probably by 1st half 2021.

Whether the vaccine is effective in containing virus or not, nobody knows.
Lets not speculate about that.
Just know that your medium to long term TG investments are sitting on solid grounds for at least a minimum 12 months of humongous profits visibility which no share counters can provide such a projection.
I welcome anyone to share with me a share counter that can provide me a 12 months profits projection, I shall be more than liquidate my TG portfolio!!!

Forget masing trying to ride on the coattails of existing gloves manufacturers.
The johnny come lately type of companies trying to take advantage of gloves boom will eventually end up in tears as getting approval to sell to Europe/USA will take at least 1.5 years to become FDA approved before they can sell to the medical industries which are for top grade gloves from well known existing gloves manufacturers with high ASP for foward sales locked in presently to ensure a steady committed supply supply until 1st half June 2022.
Those late comers can only sell as lower grade gloves having to compete at cut throat prices with china glove manufacturers as their production quality is suspect and always encounter high defection rates which even lower grade buyers will normally reject.
Talking, MOU signing and securing of forward order book is not easy for new entrants like masing and a few others without production expertise and experience!!!
New entrant glove companies are not buy and hold investments after 1st quarter 2022 on dissipation of covid.
Only the strongest and the well experienced and managed glove companies can weather any demand drop in due course as they have existing reputable customers who will not default on their forward purchase orders.

Cfm will hit 26 Ringgit eventually. Just hand on to high price investments. Enjoy their dividend payout then!!
Next profit taking round above 20.50 after reporting results day.

No 20.20 ringgit, no sell as above my short term selling zone.
A run up in prices towards reporting day for their financial release just aroubd the corner!!

Haha many companies without glove manufacturing expertice like Aspen and latest Mah Sing without track record only for pump and dump syndicates to benefit by screwing unsuspecting mkt players.
Just because sign MOU, small ikan bilis get excited and start pushing up their share prices. Existing shareholder in the wings just waiting to dump their holdings for a profit. Better do your own research as these companies have been probably loss making companies trying to ride on the coattails of existing gloves companies.
These is what I call "Goreng" company and any investors putting money in them for medium to long term will cry father, mother down the road when Covid 19 dissipates in 2022.

No hit my selling zone above 10.50 today, no sell to profit take.
Barring any unsuspecting negative news, my selling zone will definitely be hit for short term traders profit taking round!!!
Selling zone will be adjusted up everyday if not hit. It is never static but dynamic to suit mkt conditions.
Short Term: Dip buying continues.
Medium to Long Term: Uptrend!!!

Aiyah no up everyday.
Sometimes profit taking for weak hands to get on for next rally.
Stay invested. Selling zone at 10.40 to date.

Profit taking selling zone at today's trading is located above 10.30.The selling zone is never static but dynamic and will be adjusted according higher tomorrow as long it is not hit and any short term unsuspecting negative news does not surface to derail its climb. So far so good, as we are seeing a short term technical rally mkt.
Medium Term:Uptrend
Long Term: Uptrend

Seems Supeman is leading the charge against TG. But anyway this only due to rotational play. TG will eventually play catching up only a metter of time.
But yet stay invested in all gloves counters for the next few quarters to reap your long term rewards.

Aiyah, selling zone TG at 10.20 today. If not triggered, everyday selling zone will rise until triggered.
Many contra and short term traders already missed the boat for trying to buy low as todays neutral buying zone located at 8.69.

Follow the primary upward trend and all other ridculous discussions are meaningless

Go rich with TG as breaking up above 9.00 and closing above today will set the pace towards the 10.50 ringgit level before profit taking sips in to correct short term mkt excess.
Medium/Long Term: Uptrend.
Investors as such will be sitting on a goldmine on a contagious covid spike into fall and winter in the northern hemisphere which will potentially break 13.00 ringgit before year end 2020.
An early white Christmas for all loyal TG shareholders!!!
HUAT!!!

Go rich with Harta as breaking up above 17.60 and closing above today will set the pace towards the 20 ringgit level before profit taking sips in to cirrect short term mkt excess.
Medium/Long Term: Uptrend.
Investors as such will be sitting on a goldmine on a contagious covid spike into fall and winter in the northern hemisphere which will potentially break above all time high at 21.14 ringgit before year end 2020.
An early white Christma for all loyal Harta shareholders!!!
HUAT!!!

No venture no gain. All glove counters ready to ballistic next week onwards as European and US covid infections hitting 358K+ yesterday and Mercator gloves close higher at 358 against all time high of 368 and Top gloves ADR closed higher as well even after close trading in US.
Keep faith as my first selling zone is above at least 16.00 ringgit before profit taking will sip in for a short term pull back to rally thereafter to 20.00 ringgit before year end.
There is no business like gloves counter like Hartalega Gloves which is covid resistant.
Stay invested for dividend payout and price appreciation targeting higher grounds at 25.00 ringgit on increased ASP which is a no brainer every quarter for at least a 12 months visibility and beyond.

No venture no gain. All glove counters ready to ballistic next week onwards as European and US covid infections hitting 358K+ yesterday and Mercator gloves close higher at 358 against all time high of 368 and Top gloves ADR closed higher as well even after close trading in US.
Keep faith as my first selling zone is above at least 20.00 ringgit before profit taking will sip in for a short term pull back to rally thereafter to 25.00 ringgit before year end.
There is no business like gloves counter like Hartalega Gloves which is covid resistant.
Stay invested for dividend payout and price appreciation targeting higher grounds at 30.00 ringgit on increased ASP which is a no brainer every quarter for at least a 12 months visibility and beyond.

No venture no gain. All glove counters ready to ballistic next week onwards as European and US covid infections going b 358K+ yesterday and Mercator gloves close higher at 358 against all time high of 368 and Top gloves ADR closed higher as well even after close trading in US.
Keep faith as my first selling zone is above at least 10.30 ringgit before profit taking will sip in for a short term pull to hit 13.00 ringgit befire year end.
There is no business like gloves counter like Top Gloves which is covid resistant.
Stay invested for dividend payout and price appreciation targeting higher grounds at 16.00 ringgit on increased ASP which is a no brainer every quarter for at least a 12 months visibility and beyond.

Harta, Harta, KING OF NITRITE, what thou say you??
Up and up and up and away next week onwards to high grounds to try and reach 20 ringgit before month end!!!

No need to be disappointed.
Worsening covid will send all gloves counters higher next week onwards!!
Keep faith!!

Buy buy before topo late!!

Hartalega breaking up as correction over. On the way to 20.00 ringgit before month end before profit taking will sip in.

Better buy before too late. First target before end month at minimum 10 ringgit.
Dip buyers mkt on momentum trend.
The upward trend is your friend.
Medium to Long Term smart investors to remain invested for dividend payout and target objective of 13 ringgit before year end.
Contra and short term traders preferably trade from long side into any short term pullback and profit take at above 10 ringgit probably before end month.
Probably the fast pullback to 8.52 has been fulfilled within this week.Now trending towards upside 10 ringgit and above before profit taking will sip in again.

Citi latest buy recommendation yesterday at 8.64 with target price of 16 Ringgit so far which no problem to bit first half of 2021.
Buy, Buy, before too late as American Funds may continue to look for price appreciation!!
13 ringgit before year end as per Hong Leong Bank's recommendation before year end my preferred time line!!
No business like gloves business for smart investors for a buy and hold investment.
Best of the best dividend yield!!
Santas Claus coming early to town!!
Ho, Ho, Merry Christmas all strong hand supporters of TG and may you enjoy a boutiful Christmas gifts!!

Haha contra players missed ymthe biat to buy this morning drop to 8.52 as this is a dip buyers mkt!!!
No 13.00 ringgit, no sell lah. Just accumulate to buy into any decent pull back for Christma's present.

"Today's Food For Thought:
The Long Term view, the view from 30,000 feet, is the only way to make successful decisions.
Short-term views are presented to give market participants a feel for the current situation. It should be noted that strategic investment decisions should NOT be based on any short-term views. These views contain a lot of noise and will lead an investor into whipsaw action that tends to detract from the overall performance."

"Today's Food For Thought:
The Long Term view, the view from 30,000 feet, is the only way to make successful decisions.
Short-term views are presented to give market participants a feel for the current situation. It should be noted that strategic investment decisions should NOT be based on any short-term views. These views contain a lot of noise and will lead an investor into whipsaw action that tends to detract from the overall performance."

"Today's Food For Thought:
The Long Term view, the view from 30,000 feet, is the only way to make successful decisions.
Short-term views are presented to give market participants a feel for the current situation. It should be noted that strategic investment decisions should NOT be based on any short-term views. These views contain a lot of noise and will lead an investor into whipsaw action that tends to detract from the overall performance."

"Today's Food For Thought:
The Long Term view, the view from 30,000 feet, is the only way to make successful decisions.
Short-term views are presented to give market participants a feel for the current situation. It should be noted that strategic investment decisions should NOT be based on any short-term views. These views contain a lot of noise and will lead an investor into whipsaw action that tends to detract from the overall performance."

This morning down from 8.64 to low at 8.52 was a very good buying technical point for smart medium term holders to average to sit out towards end for objective of 13 ringgit.
Enjoy your Christmas ride as Bursar already instituted no naked shorts permitted until year end as big gloves counters are lending support to the KLCI which is Covid Resistant!!!

Hartalga the King of Nitrite will not fail smart strong hamd investors.
Still away from from my selling zone of at least 20.00 ringgit which implies better to buy Hartalega into decent drawdown from tomoorow onwards for buy amd hold but longer term before year end, Hartalega will probably hit 26.00 ringgit for early Christmas present for all loyal supporters.
There is no business like gloves business as Harta is covid resistant!!!

Short term correct is healthy to correct mkt excesses.
Medium to long term investors can stay their course without fear of crashung mkt as strong earnings for a minimum 12 months visibility will rule the day.
Let contra players and weak retail holders sell out first for institutions and smart investors to buy and accumulate into any decent drop to suit their risk appetite.
There is no business like gloves business which is covid resistant!!!

Gloves counters on the way up in the month of October courtesy of Donald Trump.
My next selling zone for Hartalega is the 20 Ringgit level for profit taking

Vaccine injection is not proven to prevent new infection cases. Understand the vaccine only given to affected cases to prevent untimely death. How to conduct whether it is effective in preventing contaigion spread:
Select 10 healthy persons and put them in a room of already 5 affected covid patients for 5 days minimum. Thereafter monitor for two weeks and check on the healthy person for virus infections. But so far govt has not even put healthy persons to the tests. The answer is obvious as no confidence in their prognosis.
Therefore the vaccine when administrated to a covid patient is only to prevent further health deterioration in the affected person only or preventing breakdown of the human body resulting in untimely deaths.
Covid global is not going to dissipate any time soon and will definitely get worse as many govt. still trying to play down the contagion.
Probably take another 2 years or so to dissipate as the global full impact of it started to be felt only after the 2nd quarters 2020.
We can follow the 1918 to 1920 Spanish Flu time line for guidance.
As such, glove fundamentals cannot change over night as demand for gloves aill continue to be sought after by affected countries having high virus infections.
Therefore staying vested in Top Gloves as the global gloves leader is better for choice for a buy and hold long term investment.
Target price, I still maintain at 16 Ringgit before 1st half June 2021.

Hartalega the King of Nitrite Gloves.
Profit taking round. If it sinks below 16.50 tomorrow , just buy for long term on humongous profits this coming quarters.
Above 25 Ringgit 1st quarter 2021.