Posted by smurfbee > 2020-07-16 14:30 | Report Abuse

Harta quarterly report is near..... expect a sweet boost to profitability... a minor hiccup in TG in US is a boon for Harta... just keep loading up... vaccine results will take time even if we assume its able to arrest the spread of the virus in the world...

Posted by ARCBEETLE > 2020-07-16 14:36 | Report Abuse

@smurfbee u r right.. the nearer the august reporting date, the more dramas and wayang will come from sharks, hang tight for the flushing show..

Posted by ARCBEETLE > 2020-07-16 14:37 | Report Abuse

Signs of things to come?
12-Mar-2018 23-Mar-2018 BONUS_ISSUE Bonus Issue 1 : 1
02-Sep-2015 14-Sep-2015 BONUS_ISSUE Bonus Issue 1 : 1

Posted by stevenckheng > 2020-07-16 14:38 | Report Abuse

what is bonus issue? mean my money or share double ?

Posted by OngKawKaw > 2020-07-16 14:41 | Report Abuse

Split lah. Double head

Posted by goreng_kaki > 2020-07-16 14:42 | Report Abuse

bonus issue is like year end bonus, harta give you money angpau

Posted by gloveharicut > 2020-07-16 14:50 | Report Abuse

https://klse.i3investor.com/blogs/gloveharicut/2020-07-16-story-h1510574528-UOB_tighthen_policy_for_GLOVE_stock_limit.jsp

Posted by CakapSohaiThings > 2020-07-16 15:36 | Report Abuse

A moment of silence for all the fallen gamblers...

I hope everyone learns a lesson out of it: invest and swim with the shark. Of course, most people will never learn

Posted by Oothein64 > 2020-07-16 15:43 | Report Abuse

what happened....?

Posted by stevenckheng > 2020-07-16 15:44 | Report Abuse

crashing , fear from topglove

Posted by joyvest > 2020-07-16 15:44 | Report Abuse

bursa server down

Posted by universeck > 2020-07-16 15:45 | Report Abuse

Congrats to all Hartalega shareholders. This is not the first time Topglove and Comfort glove got into trouble. They were valued cheaper than Harta for a good reason. Once you have unintelligent speculators entering the market and chasing up glove counters indiscriminately, you will learn an expensive lesson. Switch to Harta

Posted by alkanphel > 2020-07-16 15:46 | Report Abuse

cant deny that Harta's management is the best among glove sector

Posted by smallfellow > 2020-07-16 15:58 | Report Abuse

Maybe got chance to pickup dead chicken. I think if fall below $15 I will pickup 1 or 2 dead chicken.

Posted by AlanOmega > 2020-07-16 16:06 | Report Abuse

macam can enter back into the arena.

Posted by eddyng3300 > 2020-07-16 16:10 | Report Abuse

all this is drama from ib, trying to panic retailers

Posted by SpeedNpower > 2020-07-16 16:11 | Report Abuse

Focus will shift to harta. Top is dead. Harta produce higher quality nitrate gloves. This counter is gonna soar next week

Posted by Johnng8882020 > 2020-07-16 16:13 | Report Abuse

Burst your kukujiao. Now time to all in Hartalega. World no 1 nitrile glove. World no 1 quality and management.

Posted by ttluck > 2020-07-16 16:15 | Report Abuse

admn it....sudden bursa hang...rugi la...

Posted by buffet3333 > 2020-07-16 16:15 | Report Abuse

Sharks and Share analysts work together rob your money, run away now !! danger !!

Posted by Johnng8882020 > 2020-07-16 16:16 | Report Abuse

This time huat liao lo. All top glove players come to Harta. Harta welcome u.....

Posted by newbie_c > 2020-07-16 16:17 | Report Abuse

Dont panic here please. TopGlov down means the other Big 3 can up up! Even the smaller ones liek Comfort, Rubberex and Careplus can shine. Keep your bullet and add more lots!!!!!!!!!!

Posted by haihai > 2020-07-16 16:22 | Report Abuse

System halted.. Maybank only or the whole market breadth?.. Fuhh TG down to 19.7.. saw status as "S" before the whole system hang

Posted by flyingtomoon2020 > 2020-07-16 16:23 | Report Abuse

https://www.theedgemarkets.com/article/trading-platforms-malaysia%C2%A0freeze-amid-high-turnover

Posted by ARCBEETLE > 2020-07-16 16:26 | Report Abuse

TG said need at least two weeks to resolve the US block issue, so have to wait and see these two weeks tengok got any wayang to the other Big 3

Posted by up88up > 2020-07-16 16:27 | Report Abuse

announced by bursa FB
Trading on Bursa Malaysia Securities was halted at 3:30pm today caused by a technical issue. We are currently diagnosing the problem and will communicate with all our participants while we determine the cause and impact. We will notify all relevant parties as soon as the issue has been resolved.

Posted by ttluck > 2020-07-16 16:27 | Report Abuse

HARTA welcome US for more orders since TG cant produce enough on time...we shall wait n c...

Posted by buffet3333 > 2020-07-16 16:28 | Report Abuse

Glove bubble burst already, Bursa server too hot today and burn-out.

Posted by investmalysia > 2020-07-16 16:30 | Report Abuse

Bursa should compensate us for this

Posted by joyvest > 2020-07-16 16:32 | Report Abuse

Bursa saves our ass

Posted by moneytr33 > 2020-07-16 16:34 | Report Abuse

harta u caused me losses... haih...

Posted by mf > 2020-07-16 16:34 | Report Abuse

market close

Posted by speakup > 2020-07-16 16:35 | Report Abuse

GUYS! IF U LOSE MONEY IN HARTA, BOYCOTT ALL AMERICAN GOODS & SERVICES!!!!

Posted by speakup > 2020-07-16 16:37 | Report Abuse

BOYCOTT IPHONE, FACEBOOK, GOOGLE, MICROSOFT, AWS, .... EVERYTHING MADE IN AMERICA!

Posted by alkanphel > 2020-07-16 16:42 | Report Abuse

Those who are blaming Donald Trump and the US have a collective IQ of 80.

Posted by BASforce > 2020-07-16 16:44 | Report Abuse

does this mean contra players will jump from the roof tonight?

Posted by pertamina > 2020-07-16 16:44 | Report Abuse

Harta got many loyal customer at u.s.

Posted by High5 > 2020-07-16 16:47 | Report Abuse

Bursa suspends direct business transactions for Top Glove
By FocusM | 43 minutes ago | Mainstream

BURSA Malaysia has forbidden any direct business transactions (DBT) involving Top Glove Corp Bhd until 4.30pm.

Citing the Bursa Trading Rule 10.10 (1), the regulator said Top Glove stocks would only be authorised for DBT at 4.30pm.

Dealers and remisiers had been reminded that the reference price for DBT upon authorisation would be the volume weighted average price from 3.30pm to 4.30pm for trade stocks and reference price for untraded stocks.

Aside from that, normal market trading has not been affected, Bursa Malaysia said.

Top Glove earlier confirmed that its wholly owned subsidiaries, Top Glove Sdn Bhd and TG Medical Sdn Bhd, had been served detention orders by the US Customs and Border Protection (CBP).

The group’s shares were suspended earlier but resumed trading at 3.30pm with its last done price at the time of writing being RM19.70.

Issued on July 15, the order is on disposable gloves manufactured by Top Glove and TG Medical.

“We are reaching out to the CBP through our office in the US to understand the issue better and work towards a speedy resolution of the matter, within an estimated two weeks,” said Top Glove, the world’s largest glove maker.

The group noted that there was a possibility the order may be related to foreign labour issues, which the company had already resolved, except for one more issue regarding retrospective payment of recruitment fees by staff to agents prior to 2019 without the company’s knowledge.

“However, Top Glove has already been bearing all recruitment fees since January 2019 when our Zero Recruitment Fee Policy was implemented,” clarified the company.

Top Glove said it has been working over the past few months on this issue, which involves extensive tracing, to establish the correct amount to be paid back to its workers on behalf of the previous agents.

“We estimate the total amount to be about RM20 mil to RM50 mil. We believe it is in the best interests of all parties to come to a solution expeditiously so that our disposable gloves can reach the parties that need it the most during this time of Covid-19,” the company said, promising updates as the situation develops. – July 16, 2020

Posted by High5 > 2020-07-16 16:47 | Report Abuse

Hold tight

Posted by pertamina > 2020-07-16 16:59 | Report Abuse

Dump top glove buy harta.

Posted by opportunity > 2020-07-16 17:00 | Report Abuse

topglove drop, you also drop.. peopl stupid or what

Posted by wehcant > 2020-07-16 17:04 | Report Abuse

No trading until Monday.

Posted by pete11 > 2020-07-16 17:05 | Report Abuse

Demand for glove remain unchanged. covid did not dissapear. it is still soaring. glove price will shoot up before we can grab it again. sit tight

Posted by buffet3333 > 2020-07-16 17:09 | Report Abuse

The bubble gets too big, it will POP, very natural phenomenon, tomorrow prepare for CRASH

Posted by al8800 > 2020-07-16 17:29 | Report Abuse

If read the annual report, US occupy 27% of Top Glove market sales.
Since pandemic is on going, TG will then channel to other countries mainly South America (esp Mexico, Brazil, Chile) , India and Europe where demand also in shortage of glove.

Now waiting period is 400 days, if US don't want, other countries grab .... "steal" from US (as US steal the masks from Europe)

In addition, China experience heavy flooding that wipe off USD 8 billion economic value.
Many factories in deep shit & that also will create pandemic of shortage of PPE.

Posted by bulibakaloko > 2020-07-16 17:33 | Report Abuse

all US order will come to Harta now! hope tomorrow can buy in some.

Posted by OngKawKaw > 2020-07-16 17:35 | Report Abuse

Turning point for Harta. Tomorrow kalau system blackout means Hilux

Posted by OngKawKaw > 2020-07-16 17:36 | Report Abuse

How many genuine and die hard supporters we don’t know. If the price able to sustain than bright future

Posted by universeck > 2020-07-16 17:56 | Report Abuse

TG loss is other glove makers gain and biggest beneficiary is Hartalega. Overall market might drop tomorrow as unintelligent investors will panic sell without knowing the true implication. Worldwide glove shortage is still very critical and it's not easy to fill the void left behind by Topglove. Those who has spare capacity to supply to US will be making tonnes of money.

I believe TG bosses will reach out to Hartalega for horse trading. Topglove inventories will be rerouted to other countries while Harta will fill the US market (most profitable) void left by Topglove. Imagine Hartalega taking over 25% market share of Topglove overnight. Unfortunately this is limited by Hartalega production constrain but still a good opportunity to penetrate into competitors customer base

Posted by Seec0006 > 2020-07-16 18:06 | Report Abuse

In the short term , I do not think this event will benefit harta . Investor may have used margin from top glove and buy harta Previously . Should the investor face the force selling on top glove , they will have to sell harta to cover the top glove force selling .

Rising tide will raise all the boats , the same for opposite way.