Not sure if you notice but just my observation to boost confidence. Historically the price gap or differences between Harta and TG is at about 2.5 to 3 times the price quotes. If history is any guidance, She is at least worth 220 to 230 cents today. Hopefully the market realizes that and slowly closing in those gaps if not widened. Anyway, m still holding with confidence
Harta installed capacities is at 44 Billion pieces of gloves which means She is able to produce 120 million pieces of nitril gloves daily. Assuming she is running at a PU rate of 45% and is able to reap average ASP of 20 USD while maintaining 15% NPM then, you do the math yourself. Haha. Roughly ini macam lo. Boleh comment ka
Brother Miskin. Harta today is not the same Harta 30 days ago, literally. No doubt the PPE are still the same but the ability and chances of making more money is greater then before due to the changing landscape.
WHO has issued statements regarding Marburg virus disease (MVD) that the risk is considered very high at the national level, high at sub-regional level, moderate at the regional level and low at the global level.
H5N1 is more of global health safety threat right now if by looking at the infected countries in the world. Millions of birds, poultry and mammals are dead or culled. The virus jumped to human are sporadic at the moment. Not sure why there is under coverage by all mainstream medias now.
I think the world can't be bothered by another virus now that we just recovered from Covid. Can't really expect the exact same thing to happen even if Covid strikes again, there'll likely be lesser lockdowns and mass testing etc. We'll just wait for the normal recovery, should be able to laugh at Jepun by the end of this year when their Dnex is still stuck below 60sen.
With glove ASP price up 5% mth to mth starting Feb, high possibilty Harta, Kossan turn +ve EPS in coming Q1'23 result. Time to accumulate, now has strong support + more big fund institution, retailers are buying now. To hit 3.00 by mid of this year is very possible
UOB KAYHIAN TP is 2.15 only. Common sense will tell you it is a good time to sell this stock or use it to trade. It wont cross the RM3 mark for the next decades
PureBULL >>>, [2023-03-23 6:17 PM] he was from world # 1 gangster school, Harvard opens big doors to his career n biz. being rich n famous, his wife n he r giving back to that school.
PureBULL >>>, [2023-03-24 3:31 AM] tg announced a recent horrible QR with a BIG > RM 1 million loss per day for all 90 days of the last QR. then glove stocks rebounded handsomely till now.
this super run up is all due to the magical words of ts i.e. increasing ASP. tg from 70 went up non.stop to 105, i.e. 50% profit from a shout out.
price < 101 = DC on 2 hr macd for tg. let's watch for a nice HL pt at abt its next GC.,.
but ts must prove n assure all stock players that Increasing ASP is the real FACT for glove biz to embark on a recovery journey.
@ChloeCheong Hard to say... market can make it fall below RM1.70 or even RM1.50. The only thing that sustain the price is a better than expected QR. So agree with DestinyL. As long as management remains solid...not worry about price slide...more opportunity to accumulate.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
KML889
782 posts
Posted by KML889 > 5 days ago | Report Abuse
Not sure if you notice but just my observation to boost confidence. Historically the price gap or differences between Harta and TG is at about 2.5 to 3 times the price quotes. If history is any guidance, She is at least worth 220 to 230 cents today. Hopefully the market realizes that and slowly closing in those gaps if not widened. Anyway, m still holding with confidence