SO how ? Still want to follow this "Koon-man" to "taruh" in supermax ? AS he jumped ship already ?? lol

invested in Harta, you can sleep well at night !
Their ASP is the last to go up,... and also their ASP is the last to go down !!
Invested in big cap glove companies is better than small cap glove companies or other new set-ups which can only start to produce gloves when the ASP is dropping (by that time those new set-ups could be operating at thin profit margin or even at loss !)
Big glove cos can command the pricing as their cost is very low (Harta the lowest) and could easily cut price to kill off the small companies or new set-ups !!

"5. Eventually when enough masses had been innoculated and WHO declares the end of H1N1 pandemic, prices corrected itself. the QR which all BIG 4 release reflected the decrease in revenue (except HARTA which lasted a while longer). "

TAKE NOTE OF THIS FINDING ALSO !!

In understanding the past we may predict the future with higher level of accuracy. The discovery of COVID-19 vaccine is imminent. This fact obviously worries alot of glove stock investors as the sell down continues since the announcement of Pfizer's mRNA based vaccine a week back.

In this article, I present and compare the past performance of share price and QR of Topglov, Harta, Supermx & Kossan (btw all of this information is actually public info) .

1. We can see that prices of BIG 4 started to move up even before WHO declare H1N1 as pandemic. I guess this was where the smart money started to flow in.

2. For TOPGLOV, HARTA & SUPERMX, its share price move north aggrresively when WHO eventually declare world-wide pandemic on 11th June-09.

3. Now this is the part that is interesting, on 15th Sep 2009, FDA approved 4 vaccines (and finally the 5th one was on 16 Nov). At this point onwards, the share price of ALL 4 of them rallied more aggresive compare to the time there was no vaccine. The moving up lasted between 8 to 10 months with some correction in between.

4. Fundamentally, if you see the QR reported during the pandemic window, it DOES NOT reflect as strong PAT /margin as what they do now:

a) From at least TOPGLOV & SUPERMX QR notes, they did not indicate of foward selling. Today their inventories are oversold until end 2021.

b). During this period latex prices & crude oil (butaine) were higher than they were today. MYR was also stronger. Hence impact on PAT.

c). Today the glove produciton volume are at least double of where they were in 2009 e.g: Topglove only produce aprpox 30 bil pcs/year, now they are reaching 100 bil.

d). This is common knowledge that COVID-19 hits the world worst than H1N1. Therefore global demand have surged multiple times that of H1N1 era.

5. Eventually when enough masses had been innoculated and WHO declares the end of H1N1 pandemic, prices corrected itself. the QR which all BIG 4 release reflected the decrease in revenue (except HARTA which lasted a while longer).

So the question to ask yourself if you are investing in glove today or you are deciding to cut loss is this....why do you think the price move up north stronger after H1N1 vaccine is approved by FDA in Sep-09? Will history repeat itself? Does the discovery of vaccine or the anticipation that it will be available in Dec or Q1 2021 reduces the demand for glove? What does history teach us?

Time to koon = time to con ?
AT 's glove factory could be fake or their projection of profit is to "koon" also ?

KYY jumped ship to AT already ?? lol

Now it is a good opportunity to collect more HARTA at dirt cheap price !!

DK, whatever your name is, we just know you are the number 1 big fan of Jaks in I3 !

https://klse.i3investor.com/blogs/E_Wave/2020-11-09-story-h1535690143-Gloves_Waves_HARTALEGA_has_the_Best_Bull_Waves_among_all_gloves_stock.jsp

After screening through all waves count among the top gloves stocks, i found that Hartalega has the best setup for the impending Higher Degree of Wave 5 Bull Run where the current Wave 4 Correction is soon end. The current healthy correction level with a strong PTI reading of 64 which would lead to higher tendency to succeed Wave 5 strongly. Wave 5 potential targets are TP1 Rm21 or TP2 RM23.

All waves' count and projected target are generated based on past/current price level and it may be subjected to vary if degree of momentum movement change.

Trade safely

Wave Believer

Foreign funds are coming back ! Harta is always one of foreign funds' favorite !
Do take note !!

TP :- RM100 in 5 years time !!

newbie is forever a newbie ....
Those super investors (or syndicate / goreng kings in truth) needs publicity for a good f*cking reason to make money .....
in case you don't quite understand that .........

once Harta announce bonus issue in the coming quarter report, the sky is the limit liao !!!!

Whoever follows KYY's calls, mostly ended up in Holland !! LOL

Harta top gainer no.1 gain today !!!
If next week everyday Top gainer no.1 ( +1.00 to 1.50 per day ), all shareholders here will HUAT lah !!!!

Harta is Top gainers No.1 today !!
The glove giant has woken UP !!!!!!!!

@ Universeck
Judging by how KYY & the gangs "pump & dump" operation, when they want to press down the counters for them to collect cheap, they will publicly talk down the share with 1001 reasons,
when they want to off load the counters, they will publicly talk up the shares with 2002 reasons !
KYY & the gangs have been jumping from comfort , to supermax , then top gloves , then comfort , now supermax !
I won't be suprise this gang have been quietly accumulating Harta, and once they collect enough volumes, he will publicly talk up harta with 3003 reasons !!
SO once KYY talk bad about one counter ... meaning .... they are in accumulating mode !!

one quarter lost 30 millions, 10 quarters of 30 millions loss , all cash 300 millions burnt ??
Jia Lat liao lah !!!

Ah Kuan keeps buying non stop these few days !! He will suport you until kaw kaw lah !
Don't worry !!!

Looks like all glove counters are going to have strong rebound while all vaccine counters will go LIMIT DOWN today !!!!!

"Our 3QCY20 Top Picks are: BJTOTO (OP; TP: RM2.40), D&O (OP; TP: RM1.20), GENM (OP; TP: RM2.75), HARTA (OP; TP: RM26.22), HLBANK (OP; TP: RM17.00), MPI (OP; TP: RM18.80), PWROOT (OP; TP: RM2.75), RHBBANK (OP; TP: RM5.75), SUNCON (OP; TP: RM245) and TENAGA (OP; TP: RM13.90). "

Kenanga's report :- Harta s TP = RM 26.22

@ Iamnotasifu,
my bet is they will announce bonus issue (1:1) at next QR (middle of Nov,20) when they announce super ASP with EPS of at least 18 cent (up 300% from 6 sth cts the pervious one) , most analysts estimated forward annual EPS will be around 80 cents, 80 cts X EPS of 35 ( past few years eps ratio) will give you value of RM28.00.
they will start to increase their ASP (parallel with the market price) after the end of lock-in period with most MNCs come this Q and next Q. Bearing in mind for the past 10 over years, they are able to produce the best profit margin amongst top 4.

"For Hartalega, we believe that its earnings in coming quarters would see a sharp
increase, as their ASPs were still below market rate in 1H20 given it had locked in
its sales prior to the outbreak of COVID-19. "

Affin Hwang 's TP = 28.80 !!

Head and shoulders ?
Dickhead and kuku-balls-shoulders lah !!
Now dickhead berkembang liao >>>>>>>>>>
LOL

Harta will have lowest ASP going forward because they don't want to offend MNC companies !!
so their EPS will drop to 1 sen only !!!! Quickly dump dump dump the shares !!!!!

Careplus, HLT, rubberex , comfort's revenue & profit will overtake Harta next QR !!
Quickly dump dump dump the shares !!!!!

Harta next Q will report EPS of 1 sen only i think !!!
Quickly dump dump dump the shares !!!!!

"Henry8833 Careplus latest quarter ended June 2020 EPS is 6.7 sen vs Harta 6.49 sen. Careplus is around RM 3.45 vs Harta RM 15.50....

Harta is so much overvalued...
02/09/2020 2:55 PM "

Yes you are right !! Harta only worth 3.45 !!
Quickly dump dump dump the shares !!!

Will drop to RM5.00 soon !! Quickly run run run !!!

F8ck !!!!

the above EPS computation is faulty, as you fail to dig further to consider some earning contained "one off" exceptional gains and might not sustainable in the next quarter !
For smaller glove companies, their forward EPS might fluctuate more than big 4 (traditionally showing steady and reliable EPS & growth !)

Simple logic :- Hartalega & Kossan is the last laggards in glove sector, Supermax & TG already peaking with their fantastic results !
All glove companies investors , ask yourself this one wise question :- do you still want to crazily chase up overvalue glove counters or slowly sapu-ing under value glove companies ??

"However, he believes ASPs will remain elevated until 1Q next year.

“Earnings for 3Q and 4Q2020 will still go up, especially for big players such as Hartalega Holdings Bhd and Kossan Rubber Industries Bhd because of their timing in raising ASPs.

“Supermax Corp Bhd raised its ASPs first, then Top Glove Corp Bhd, followed by Hartalega and Kossan. If ASPs come down, Supermax will be hit the most as its ASPs are the highest; this is also why Supermax’s share price has gone up the most,” he explains.

Year to date, shares in Supermax have shot up 1,301%, while Top Glove, Kossan and Hartalega added 406.8%, 246.2% and 192.3% respectively. "

https://www.theedgemarkets.com/article/selling-prices-gloves-remain-high-show-signs-peaking

Extract from an analyst's report in the edge today, that explains why Harta is still "laggard" !
That means HL just raised up their ASP, so the next Q's result will be very good !!
next Q's result exceed expectation then the share price will shoot UP for sure !!

Why owner buy back their own share ?
Very simple ! They see value in their own shares at the current price !
He knows the company in side out and understand there is growth there and rather put 25Mil cash back to own company than investing some where else !!

As for bonus issues, you can judge by their previous practice, I just checked their record, they are keen to give bonus issues once the company make huge profits , they gave bonus issues of 1:1 at 2010, 2012, 2015, 2018 !! almost every 2-3 years ! therefore bonus issue will be announced soon for sure, either this year or next year !!

https://klse.i3investor.com/blogs/gloveharicut/2020-08-17-story-h1512390724-TAN_SRI_DR_LIM_WEE_CHAI_spend_more_than_RM21_million_to_buyback_TOPGLOV.jsp

read this

HL s past 2 quarters result were delivered below expectation, I am very sure next Q will deliver a "above expectation" result !!

Last week TG boss Lim wee Chai also bought back share worth RM21 mil but the news have been published and spread everywhere !!
HL boss Kuan Kam Hong bought back share worth RM25 mil (even more money) but nobody talk about it ??

I found it strange ! HL do things with low profile !!

Didn't you notice big boss Kuan Kam Hong sapu big last week ? RM25 mil worth of share wallop-ed by him !!
If no good news, big boss buy back share for what ??

Very sure, bonus issues announced soon or the next QR result will be very very good !!
AGM 15-9 right ?? wait for good news !!!

Also one director accumulating recently !
They must have known sth which is very good for the company !

According to past 1 week , the big boss Kam “taruh” around RM25 mil alone to buy back own shares !
Nobody commented about that here ??
Tiny farts from bosses from TG & Supermax will spread virals all over the place whereas HL being low profile and be neglected !
Seems like sth is brewing ! Hold until AGM and wait for good news ! Bonus issue ?
It won’t stay laggard for long , it is time for HL to shoot up .... SOON !!

Big Boss keep buying non stop !!
Be patient and you will be rewarded !!

oil and gas counters will shoot up in 1st half 2021 !! Be patient !!

Maybank IB sees good prospects in 2021 for mid-cap financial/banking, glove, healthcare, oil and gas, tech stocks
Author: savemalaysia | Publish date: Sat, 15 Aug 2020, 3:32 PM

KUALA LUMPUR, Aug 15 — Maybank Investment Bank (Maybank IB) says it sees bright prospects in 2021 for mid-capitalised stocks in the financial/banking, glove, healthcare, oil and gas as well as technology sectors.

Retail research head Tee Sze Chiah said as it is four months before the end of the year, it would be to late to join the glove rally this year, though there are opportunities next year for some sectors.

“The first is mid-capitalised financial or banking stocks, because financial stocks behave or react positively to economic growth.

“This year I think economic growth and gross domestic product (GDP) growth is definitely not positive, but next year we do expect recovery, so during the time, you do expect banks to pick up as businesses and consumers start to spend, and basically demand for financial products will increase hence the profitability of banks will also pick up,” he told reporters at the Market Outlook Second Half of 2020 (2H2020) Webinar here today.

Secondly, he said, the glove and healthcare sectors would continue to do well in the first half of 2021.

“The first half and the upcoming quarterly results should continue to stay strong, because this basically reflects the current backlog that they have in hand right now.

“So for the next few quarters it will stay strong and hence the share price rally momentum will continue until the first half of 2021, but coming into the second half, you need to be wary, (as) this is where you need to see (whether) Covid-19 vaccines are there and we do expect demand to normalise,” said Tee.

Thirdly would be the oil and gas sector, he said, adding that Maybank IB analysts are expecting higher oil prices and the momentum should be there.

Another sector to look at is technology as 5G adoption is a long-term prospect, but in this case, stock-specific moves are very important, he noted.

It (5G) will not benefit the whole semi-conductor industry in Malaysia, Tee said, pointing out that Malaysia is one of the low-cost, lower-value chains among the semiconductor sector and there could be one or two that could benefit.

Meanwhile, senior chartist Nik Mohd Ihsan Raja Abdullah said during the last few years, the oil and gas sector saw a lot of under-investment, with capital expenditure for global oil production actually being quite low.

“When the demand starts to come in, supply can’t keep up with the demand, and that would lift oil prices higher,” he said, adding that in 2021 quite a number of oil and gas stocks would be up for trade. — Bernama

Maybank IB sees good prospects in 2021 for mid-cap financial/banking, glove, healthcare, oil and gas, tech stocks
Author: savemalaysia | Publish date: Sat, 15 Aug 2020, 3:32 PM

KUALA LUMPUR, Aug 15 — Maybank Investment Bank (Maybank IB) says it sees bright prospects in 2021 for mid-capitalised stocks in the financial/banking, glove, healthcare, oil and gas as well as technology sectors.

Retail research head Tee Sze Chiah said as it is four months before the end of the year, it would be to late to join the glove rally this year, though there are opportunities next year for some sectors.

“The first is mid-capitalised financial or banking stocks, because financial stocks behave or react positively to economic growth.

“This year I think economic growth and gross domestic product (GDP) growth is definitely not positive, but next year we do expect recovery, so during the time, you do expect banks to pick up as businesses and consumers start to spend, and basically demand for financial products will increase hence the profitability of banks will also pick up,” he told reporters at the Market Outlook Second Half of 2020 (2H2020) Webinar here today.

Secondly, he said, the glove and healthcare sectors would continue to do well in the first half of 2021.

“The first half and the upcoming quarterly results should continue to stay strong, because this basically reflects the current backlog that they have in hand right now.

“So for the next few quarters it will stay strong and hence the share price rally momentum will continue until the first half of 2021, but coming into the second half, you need to be wary, (as) this is where you need to see (whether) Covid-19 vaccines are there and we do expect demand to normalise,” said Tee.

Thirdly would be the oil and gas sector, he said, adding that Maybank IB analysts are expecting higher oil prices and the momentum should be there.

Another sector to look at is technology as 5G adoption is a long-term prospect, but in this case, stock-specific moves are very important, he noted.

It (5G) will not benefit the whole semi-conductor industry in Malaysia, Tee said, pointing out that Malaysia is one of the low-cost, lower-value chains among the semiconductor sector and there could be one or two that could benefit.

Meanwhile, senior chartist Nik Mohd Ihsan Raja Abdullah said during the last few years, the oil and gas sector saw a lot of under-investment, with capital expenditure for global oil production actually being quite low.

“When the demand starts to come in, supply can’t keep up with the demand, and that would lift oil prices higher,” he said, adding that in 2021 quite a number of oil and gas stocks would be up for trade. — Bernama

KYY just posted :-
" As a result, many people called me to express their concern. Mr Ooi Teik Bee ranged me last night to seek my opinion. We are also wondering why all the glove stocks should be dropping so rapidly in tandem in the last few days. In most cases, one stock might drop but the other might go up instead. It looks like all the Investment Banks ganged up to push the glove share prices down so that they can continue to collect at cheaper prices. "

If you never play with warrants, you can sleep well and wait for the long term gains !
conclusion :- If all warrants or glove share price keep going up, how the IBs make money ?
They ganged up and press down to slaughter all weak-holders or newbies !! as simple as that

How can share price keeps going up non-stop ?
Need time to take a rest, profit taking, correction etc ....
If all glove counters keep going up without correction, then we all must be very worried then !! (this thing can only happen in heaven or your sweet dream !)
We are still alive in planet earth ! LOL

If you want to order any glove today, you need to pay deposit of 30% with 300%-above the price you get in January, 20 and .... queue for 1 year & more to get your delivery !!
If you want your glove urgently, pay spot-price of 30% on top of the above inflated price !!
Over supply ???

0.5. 150 mil

Harta's CEO is quietly plotting all those expansion with an ambition .... (less talk more action !)
that's why the share price remain laggard ! (best opportunity to collect at cheap!)
Comparing to TG's CEO can't wait to tell reporters any single tiny matter in order to boost share price !! (attracting too much attention from investing public and fried UP the price d !)

All this while, Harta have been losing out to TG in terms of volume of production, but Harta's technology, automation and innovation of products is the best in the market !
Imagine, if they can increase their volume (what that are doing now by acquiring land for expansion aggressively to target 95 billions piece (almost TG's 100b output) with lesser cost so better pricing in competition , they will rival TG strongly and TG might lose out eventually !

It will be Harta, not TG , that will achieve Fortune Global 500 .. first !! (if TG can still catch up later )