Posted by Miche87 > 2020-07-30 20:40 | Report Abuse

Monday huat Liao! Share buy back!

Posted by pang72 > 2020-07-30 21:08 | Report Abuse

Kuan said preliminary plans for NGC 2.0 entail seven production plants, comprising 82 production lines with an installed capacity of 32 billion pieces of gloves.

Once completed, he said this will bring the group’s total installed capacity to 76 billion pieces per annum

DOUBLE PRODUCTION CAPACITY!! 76B!!!

Posted by pang72 > 2020-07-30 21:09 | Report Abuse

This is the owner said!! Key word.. Double production.

Posted by dalpinia > 2020-07-30 21:20 | Report Abuse

EGM date 18th aug 2020 (10am)
Register by 13th aug 2020
New shares bonus issue 5,476,974,322
Proposed bonus share = 1(existing):2(new bonus)

Dividend 10sen per share pay on 9th July 20

Before bonus share price (29/7/20): rm26.14
After bonus share price : RM8.71

Entitlement Date : 4th sept 2020
Bonus Issue date : 7th sept 2020

EGM door gift RM50 voucher buy top glove product

Posted by amateurJR > 2020-07-30 21:44 | Report Abuse

@phoenix That idiot dude claims to hold topglove and supermx shares and keeps asking ppl to sell Kossan share and buy topglve share.

Posted by JohnFarmer458 > 2020-07-30 23:30 | Report Abuse

International travel might not return to normal until 2024 as airlines struggle to survive amid the coronavirus pandemic

July 29, 2020 at 12:05 PM

https://trib.al/H3f3Jt5

Posted by OLDHORSE > 2020-07-31 01:21 | Report Abuse

newbie here, share buy back got any effect on us ma? except the price may go up?

Posted by OngKawKaw > 2020-07-31 09:07 | Report Abuse

You shall call yourself newhorse. Don’t just ask go study abit lah wei

Posted by Fooksing Wong > 2020-07-31 11:25 | Report Abuse

@OLDHORSE , SHARE BUY BACK SURE GOOD FOR THIS TIME. OTHER GO STUDY . LOUIS ALSO SAY IS GOOD

Posted by hakubasnow > 2020-07-31 11:32 | Report Abuse

Sold my Penta and Dufu, now focusing on glove counters. Thank you Penta & Dufu made a lot of money but time to move on.

Posted by Pgraduate123 > 2020-07-31 14:20 | Report Abuse

Dalpinia,
Are your infor accurate n from the harta mgt?
Or just your wish list??

Posted by Woodswater > 2020-07-31 14:34 | Report Abuse

Pgraduate123 Dalpinia,
Are your infor accurate n from the harta mgt?
Or just your wish list??

He is actually talking about Top Glove Bonus Issue 1:2 ( 1 lot splitting into 3)

Posted by Pgraduate123 > 2020-07-31 14:39 | Report Abuse

Oh.... Haiz...was cooking just now missed the fine print... This is harta forum... Not TG

Posted by Pgraduate123 > 2020-07-31 14:41 | Report Abuse

Was expecting harta announcement on bonus.. Most likely coming AGM..

Posted by Lewis Lee > 2020-07-31 15:05 | Report Abuse

Harta 's biggest rival is TG, I sold off all shares in TG and swap to Harta when I keep reading bad news about TG in labor exploitation ... and the issues won't be going away and might spread to other western countries which will treat this issue seriously !!

TG's above prolonging issues might eventually harm their profit margin (if they can't sell at premium in western countries then have to sell cheap to other countries + extra cost to deal with customs or lose customers in western countries !) and could in turn benefit and boost Harta's revenue & profit margin (western countries will rather pay high spot price to harta to get replacement ) !!

Those issue simply reflect badly on TG s management, comparing to Harta's efficient management, I think it is just a matter of time, Harta will overtake TG as the big tai koh in glove industry in the long run !!

Posted by probability > 2020-07-31 16:06 | Report Abuse

Malaysian glove maker Hartalega says demand is 'still very high'

Jul 30, 2020

https://www.youtube.com/watch?v=X0vYHyEAnYw

Posted by probability > 2020-07-31 16:07 | Report Abuse

Malaysian glove maker Hartalega says its 'priority' is to support existing customers

Jul 31, 2020

https://www.youtube.com/watch?v=vDhgdI4aPXI

Posted by probability > 2020-07-31 16:08 | Report Abuse

Kindly listen to both videos

Posted by peter555 > 2020-07-31 16:10 | Report Abuse

Malaysian glove maker Hartalega says demand is 'still very high'

https://www.cnbc.com/video/2020/07/31/malaysian-glove-maker-hartalega-says-demand-is-still-very-high.html

Kuan Mun Leong, CEO of Hartalega Holdings, says the U.S. remains its "biggest market" as it comprises close to 40% of the company's sales.

https://www.cnbc.com/video/2020/07/31/malaysian-glove-maker-hartalega-says-its-priority-is-to-support-existing-customers.html

Posted by JohnFarmer458 > 2020-07-31 16:14 | Report Abuse

Harta is steadily going uptrend everyday breaking new high as QR approaching despite the huge ESOS, there have been huge collection at low price everyday and also blocks trying to stop harta from rising. Knowing you put your money in Harta you can sleep well at night not like other counters where you keep thinking will tomorrow go up? Or will there be correction should i sell in the morning? Can i keep? Harta is not hit and run counter

Posted by investmalysia > 2020-07-31 16:30 | Report Abuse

This is why I like harta. Solid management

Posted by pang72 > 2020-07-31 16:36 | Report Abuse

Harta, Mr Kuan is the best CEO as I seen so far.
Low profile, no publicity, No Dato title.
Efficient production in technology..
High growth. Committed.!!

Harta, I really admire you!

Posted by tingyongginn > 2020-07-31 16:49 | Report Abuse

Any idea what time is the QR coming out on Tue ?

Posted by pang72 > 2020-07-31 17:02 | Report Abuse

It is true that the glove capacity is full.
It is true that new customer will get the order after 6 to 9 mons.

Posted by probability > 2020-07-31 17:04 | Report Abuse

9 - 12 months pang72

Posted by tingyongginn > 2020-07-31 17:09 | Report Abuse

Yes long queue till next year for new order.

Posted by pang72 > 2020-07-31 17:10 | Report Abuse

Ok

Posted by universeck > 2020-07-31 17:23 | Report Abuse

Hartalega expansion is always huge and orderly to reap the benefit of scale, unlike Topglove and Supermax that tend to have small factories dotted all over the place. It's also a good move to preempt the market to fend off potential competitors and secure volume in advance.

Buy and keep the company long term. Your return will be many more folds vs short term gain during this pandemic period

Posted by universeck > 2020-07-31 17:49 | Report Abuse

Hartalega is best managed in term of cost efficiency, R&D and project execution. Chairman Mr. Kuan Kam Hon is wise to pass the baton to 2nd gen to expand the company aggresively while he took a back seat to steer the direction. The 2nd gen has the stamina to execute the vision set by Sr Kuan, which is the best position to be in.

Topgove and Supermax management have legacy issues with human rights abuse, corporate hanky panky and shoddy product quality. Same management are still running the show and don't expect them to make much break through and improvement. Both management are old hands in the industry and facing lethargy problem and often miss the deadline for factory expansion guidance.

Tan Sri Lim Kuang Sia of Kossan is a highly qualified chemical engineer from Imperial College and has a clean reputation. Their recent large land purchase at Bidor should be watched carefully as they may go the direction of NGC ie large scale expansion. Kossan is my choice to invest in after Hartalega. The only hold back is no visible 2nd gen handover plan.

All the other smaller glove companies might look good now but will be flushed out if they are not careful about cost control. YTL at one point dabbled in glove too but failed miserably.

Posted by probability > 2020-07-31 17:52 |

Post removed.Why?

Posted by _phoenix_ > 2020-07-31 18:17 | Report Abuse

If you can't penetrate into the US market you haven't made it. Can't see the forest for the trees..

Posted by pang72 > 2020-07-31 18:20 | Report Abuse

The biggest market in the world for high end product are US beside EU.

Harta has 40 % prove that their quality!

Posted by _phoenix_ > 2020-07-31 18:23 | Report Abuse

under what circumstances would Harta lose to 'a competitor'? US markets is the most difficult to penetrate with huge conglomerates that buy in huge quantities with insatiable appetite.. it takes years to establish a trustworthy relationship , we are not talking about dollar and dime kind of buyers

Posted by pang72 > 2020-07-31 18:24 | Report Abuse

Few key take away from the interview, hope the smart one can understand the meaning!

Posted by Lewis Lee > 2020-07-31 18:26 | Report Abuse

I think should be another way round ! more competitors will lose out to Harta in terms of innovation , quality & reputation !
TG is the biggest rival to be lost out to Harta for sure !
Not only in US but in most western countries!

Posted by _phoenix_ > 2020-07-31 18:33 | Report Abuse

When Supermx was the darling of KYY's portfolio he used to sing praise that the prices of Nitrile gloves has shot through the charts but he conveniently forgot to mention that Harta is the biggest producer of top quality nitrile gloves what's good for Suermx is doubly good for Harta.. not necessary to talk about OBM manufacturer

Posted by Lewis Lee > 2020-07-31 18:35 | Report Abuse

“The bar on Top Glove's units did not dampen investor appetite in the company, whose share price rose to historical highs in the week after the Customs' detention. Top Glove's shares have climbed 456% this year, driven by demand associated with the COVID-19 pandemic.

Share prices of other major glove producers, including Hartalega Holdings, Kossan Rubber Industries and Supermax Corporation have soared 267%, 330% and 1,244% respectively year-to-date.”

Just read an interesting paragraph above , and based on KYY’s computation (although some forumers criticize it) as which top 4 globe stocks are lagging behind the recent uptrend :-

Top glove :- up 456%
Harta :- up 267%
Kossan :- up 330%
Superman :- up 1,244%

So ... fellow smart investors , who is the most undervalue ? Lol

Posted by Lewis Lee > 2020-07-31 18:38 | Report Abuse

I remember some forumers said here before Harta forum full of intelligent analysis and comments and TG s forum full of idiots, morons , psychopaths, punters , etc .... lol

Posted by pang72 > 2020-07-31 20:05 | Report Abuse

Top glove :- up 456%
Harta :- up 267%
Kossan :- up 330%
Superman :- up 1,244%

KEY TAKE AWAY FROM KYY ANAKYSIS IS HARTA LAGGED NOT TOP GLOVE!

ABOVE FACT CAN TELL THE STORY!

HE IS WRONG!

Posted by universeck > 2020-07-31 20:13 | Report Abuse

It's actually a badge of honour to be the top supplier to the advanced countries. Their stringent quality requirement means few can meet their high standard. Even until today, Topglove still occasionally fails US quality control. Just refer back to news about Comfort and Topglove shipments being withheld for quality issue and you will get the true picture.

Bigger concern now is Trump being voted out, tariff war with China abandoned and Chinese manufacturer ramp up glove production. The current high profit margin is attracting unnecessary attention from new entrants. If Trump gets another term, it's actually good for Malaysian glove manufacturers.


@probability thanks for the views universeck

arent you concerned that 40% of their revenue is from U.S?
what happens if a competitor penetrates there

Posted by limkokthye > 2020-07-31 21:07 | Report Abuse

https://indianexpress.com/article/explained/covid-19-vaccine-tracker-russia-oxford-moderna-6530179/
Covid-19 vaccine tracker, July 30: Russian vaccine to be ready by August 12

Posted by BASforce > 2020-07-31 21:30 | Report Abuse

planning to ‘register’ its novel Coronavirus vaccine by August 10-12... again PLANNING... they can do whatever they want with their own people...

Posted by BASforce > 2020-07-31 21:41 | Report Abuse

who is going to approve if the responsibility is on the Approval... i can only take 1 person for that... Trump you are the man for this

Posted by pang72 > 2020-07-31 22:06 | Report Abuse

https://www.orientaldaily.com.my/news/international/2020/07/31/355138
巴西总统肺部感染

getting worst!

Posted by investmalysia > 2020-07-31 23:41 | Report Abuse

Wow, this is terrible

Posted by AT1mil > 2020-07-31 23:44 | Report Abuse

Projected profit of Hartalega

1Q2020 : at least 500 mil
2Q2020 : at least 800 mil
3Q2020 : at least 800 mil
4Q2020 : at least 800 mil

Total projected net profit = at least 2.9 billion

Using conversation PE of 35 for Hartalega,
Estimated future market cap is 101.5 billion (RM30/share)

Current market cap is 69.5 billion
*Potential return = 46%

Hope it helps

Posted by AT1mil > 2020-07-31 23:47 | Report Abuse

The first catalyst to make people realise Hartalega potential is the coming quarter report on 4 August. Harta should touch RM30 before year end. Tq

Posted by AT1mil > 2020-07-31 23:48 | Report Abuse

Many investors think this is impossible. Some even wrote in media articles saying investment bank equity analysts are too optimistic. Well, those writers are too naive as they missed the boat long ago.

Posted by pang72 > 2020-07-31 23:51 | Report Abuse

AT1mil Projected profit of Hartalega

1Q2020 : at least 500 mil
2Q2020 : at least 800 mil
3Q2020 : at least 800 mil
4Q2020 : at least 800 mil

Total projected net profit = at least 2.9 billion

Using conversation PE of 35 for Hartalega,
Estimated future market cap is 101.5 billion (RM30/share)

Current market cap is 69.5 billion
*Potential return = 46%

Hope it help

THANKS YOU! VERY GOOD ANALYSIS!

Posted by pfsurewin > 2020-07-31 23:52 | Report Abuse

Harta aka Thanos, snap your fingers, every BIG 4 investors make money. HUAT HUAT HUAT