Posted by Johngenting > 2020-08-04 13:22 | Report Abuse

What's d nett profit ? Please share

Posted by manegto > 2020-08-04 13:23 | Report Abuse

Remember wat happen with TG Q announcement? Did it go up with superb famtastic result?

Posted by Arsenewenger8383 > 2020-08-04 13:23 | Report Abuse

If smart.. swith ur fund to HARTA PUT today.. make handsome profit today and reenter mother price after huge correction today..

Posted by pharker > 2020-08-04 13:23 | Report Abuse

Alamak..forgot Harta is OEM model,,middlemen makan all profit from increase in ASP.

Which glove counter is OBM ? Kossan, Comfort, Supermax or TG??

Posted by Miche87 > 2020-08-04 13:24 | Report Abuse

221m PAT

Posted by manegto > 2020-08-04 13:24 | Report Abuse

This is just IB game

Posted by lxiongmau > 2020-08-04 13:25 | Report Abuse

221 M vs 94 M . 1.34X profit. Mana mau cari?

Posted by paperplane > 2020-08-04 13:25 | Report Abuse

Bye bye harta

Posted by Lieu888 > 2020-08-04 13:26 | Report Abuse

market expect at least 3x-4x earning but now only 1x. seem Harta no much increase their ASP as per the CEO interview Harta take care existing customer "rather increase price to make huge profit.."

Posted by Simonalibaba > 2020-08-04 13:26 | Report Abuse

221 mill then Harta should be only be $15 not 20!

Posted by TeamRocket > 2020-08-04 13:26 | Report Abuse

OMG!!! Can I still able to sell out later?!?

Posted by hotmission > 2020-08-04 13:26 | Report Abuse

Please have mercy to those holding.......

Posted by TeamRocket > 2020-08-04 13:27 | Report Abuse

Need to faster sell off already!!!

Posted by TeamRocket > 2020-08-04 13:27 | Report Abuse

Poor qr!!!

Posted by chtan33 > 2020-08-04 13:27 | Report Abuse

definitely good results... but not enough to support the price that factor in better results... some say minimal 400m, others as high as 800m expectations

Posted by Jiasaihooi > 2020-08-04 13:28 | Report Abuse

still making money....

Posted by laoyiinvestor > 2020-08-04 13:29 | Report Abuse

For long term - overall report is good la, dont greedy...

Posted by Goofy > 2020-08-04 13:29 | Report Abuse

Waiting at rm15 +/-
Cut profit at rm18.50. Any takers at 2.30pm?

Posted by LoneWolf88 > 2020-08-04 13:29 | Report Abuse

Niasing, company earned money oso kena blame

Posted by pete11 > 2020-08-04 13:29 | Report Abuse

Pandemic is still furious. Whatever perceived 'shortfall' will be overcome

Posted by Simonalibaba > 2020-08-04 13:29 | Report Abuse

Now supermax, kossan and comfort also over run

Posted by matthewming > 2020-08-04 13:29 | Report Abuse

QR out

Posted by Miche87 > 2020-08-04 13:30 | Report Abuse

It's good result la.. u expect 400m is damn crazy

Posted by pete11 > 2020-08-04 13:30 | Report Abuse

Dont forget covid not over yet... those thinking of cutting loss think twice

Posted by chtan33 > 2020-08-04 13:31 | Report Abuse

if u buy from low base 5, 8, 10.... what to worry....

Posted by laoyiinvestor > 2020-08-04 13:31 | Report Abuse

Be long sighted - more to come in next Q

Posted by WenlinC > 2020-08-04 13:31 | Report Abuse

I think will lead the market to drop further this afternoon. Please be careful.

Posted by Lieu888 > 2020-08-04 13:31 | Report Abuse

expectation. share price increase 3x. market expect the earning to be the same.

Posted by laoyiinvestor > 2020-08-04 13:32 | Report Abuse

Upcoming Supermx - what you guys expecting?? 600-800m?

Posted by hengsame > 2020-08-04 13:32 | Report Abuse

limit down in the afternoon

Posted by bulibakaloko > 2020-08-04 13:33 | Report Abuse

all the shark will waiting at 15-16 after that price will go up again.. hehe

Posted by Pengadil > 2020-08-04 13:33 | Report Abuse

pse hold guy. i'm paracheuting from the top

Posted by Boon Keng > 2020-08-04 13:34 | Report Abuse

If you look more carefully into the balance sheet of Harta

It shows a Jump of Cash from Last year quarter of Rm300 Millions to Rm700 Millions to latest quarter = AN INCREASE OF RM400 MILLIONS IN CASH

Just perfect for expansion in its 95 Acres Newly Acquired Lands in Banting

So look ahead

TOPGLOVE BOSS ALREADY STATED THAT FOR NEXT 6 TO 7 QUARTERS GLOVE SALES WILL STILL BE VERY GOOD TILL END 2021

SO TODAY IS TOP 4 MAJOR GLOVES ARE SOLD DOWN IT PRESENTS GOOD OPPORTUNITY TO BUY ON WEAKNESS

Posted by wantousek > 2020-08-04 13:34 | Report Abuse

those buy at 19-20 how haha cut loss also will cry

Posted by tsk123 > 2020-08-04 13:35 | Report Abuse

Should be green after break..Good result !

Posted by dhnn81 > 2020-08-04 13:35 | Report Abuse

Posted by Lewis Lee > Jul 31, 2020 6:41 PM | Report Abuse

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

---------------------

Lewis Lee posted the above in all gloves counters TG, Supermax and Careplus ... May God bless your soul Lewis Lee! :-)

Posted by lwyy60 > 2020-08-04 13:36 | Report Abuse

dont tell me 2x, 3x lolz, all is goreng bah.....so, take ur own risk lolzzz....

Posted by bulibakaloko > 2020-08-04 13:36 | Report Abuse

supermx expectation is 400m tot harta at least can get 500m

Posted by BlameMeLor > 2020-08-04 13:37 | Report Abuse

211mil, harta should be priced at 10?

Posted by TheTechnicalGuy > 2020-08-04 13:38 | Report Abuse

Yesterday's closing was a gravestone doji. Should've known better. I stop loss at 19.96. Target to collect supermax later..

Posted by High5 > 2020-08-04 13:38 | Report Abuse

HARTALEGA Holdings Bhd’s weaker price performance compared to its peers like Supermax Corp Bhd and Top Glove Corp Bhd is due to a premium valuation the company has enjoyed.

Hartalega’s share price only rose by some 283% to RM20.50 from RM5.35 on Jan 2, 2020, while industry competitor Supermax has seen a share price appreciation of 1,300% to RM19.34 from RM1.38 at the beginning of the year.

Kossan Rubber Industries Bhd’s share price has risen by 343% to RM18.44 over the same period, while Top Glove has risen by 478.06% to RM26.88.

“Hartalega is trading at a forward price-to-earnings ratio (PER) of 79 times based on our FY21 earnings forecast while Supermax is trading at forward PER of 64 times based on our FY21 earnings estimates.

“Hence, investors may think Hartalega is more expensive than its peers. Overall, I think the valuation of Hartalega is quite high at the moment which may limit its share price upside,” MIDF Amanah Investment Bank Bhd (MIDF Research) analyst Jessica Low stated in an email reply.

Inter-Pacific Research Sdn Bhd has downgraded its call of ‘Neutral’ from ‘Trading Buy’ on Hartalega after the recent run-up in its share price.

“Our new earnings per share forecast reflects the recent industry average selling price (ASP) revision as we increase our FY21/FY22 ASP to 129.6 sen/129.6 sen from 106.9 sen and 105.6 sen respectively, thus raising our target price to RM21.37 from RM13.18,” the company stated.

It added that the upside potential for Hartalega’s price outlook depends on further ASP upgrades from sustain order visibility.

Inter-Pacific said downside risk factors include its lofty valuation outstripping earnings growth, steep increase in production cost (energy, packing materials and labour), shortage of workers and volatility in foreign-exchange rates.

Hartalega’s shares ended 1.08% or 22 sen higher at RM20.50 yesterday as investors continued to buy into glovemakers as the number of Covid-19 infections continued to rise across the world.

The share price gains by Hartalega yesterday made it the third-most valuable company on the local exchange with a market capitalisation of RM70.27 billion, ahead of Public Bank Bhd at RM64.29 billion, but slightly behind Top Glove valued at RM72.67 billion.

Posted by Sharetrading168 > 2020-08-04 13:38 | Report Abuse

Limit down seems unavoidable, good luck....

Posted by kariwong9394 > 2020-08-04 13:38 | Report Abuse

huhuhu

semua tipu besar...

semua tipu besar...

semua tipu besar...

Posted by kennythum > 2020-08-04 13:39 | Report Abuse

apparently shaking off people and bounce back....repeated a lot of times...

Posted by chtan33 > 2020-08-04 13:39 | Report Abuse

if current stk price is 10, then it's good results....

Posted by rohirrim88 > 2020-08-04 13:39 | Report Abuse

https://www.theedgemarkets.com/article/hartalega-1q-net-profit-rm220m-rm94m-year-earlier

Posted by DannyArcher > 2020-08-04 13:39 | Report Abuse

200million only... this is during the peak, next quarter how? can double revenue? I think impossible

Posted by bulibakaloko > 2020-08-04 13:40 | Report Abuse

long run can keep la, making big profit for at least next 1 year what.

Posted by BlameMeLor > 2020-08-04 13:41 | Report Abuse

yes agree..

chtan33 if current stk price is 10, then it's good results....
04/08/2020 1:39 PM

Posted by johnny cash > 2020-08-04 13:43 | Report Abuse

https://www.theedgemarkets.com/article/hartalega-1q-net-profit-rm220m-rm94m-year-earlier