HARTALEGA HOLDINGS BHD

KLSE (MYR): HARTA (5168)

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Last Price

2.70

Today's Change

-0.01 (0.37%)

Day's Change

2.67 - 2.76

Trading Volume

5,513,600


14 people like this.

33,398 comment(s). Last comment by SonniaFang 6 hours ago

haha1234

1,171 posts

Posted by haha1234 > 2020-08-04 16:48 | Report Abuse

ya hhahahaha agreed ^_^

haha1234

1,171 posts

Posted by haha1234 > 2020-08-04 16:48 | Report Abuse

chase low not high experience is more important

haha1234

1,171 posts

Posted by haha1234 > 2020-08-04 16:50 | Report Abuse

be greedy when everyone is scared

lmao999

18 posts

Posted by lmao999 > 2020-08-04 16:51 | Report Abuse

diu nia seng............. holding since my cost price of rm6.70.... huat huat

Posted by Fishningen2 > 2020-08-04 16:55 | Report Abuse

Thank you guys

universeck

111 posts

Posted by universeck > 2020-08-04 17:02 | Report Abuse

Expected punters to switch to supermax for short term gain. Loaded up some Supermax when KYY asked people to sell. Will dispose Supermax and move all back to Harta for long term gain.

Long term, Harta is my choice. Short term to catch ikan bilis, Supermax will earn more money but also will kill the bilis if they are not careful.

pang72

49,871 posts

Posted by pang72 > 2020-08-04 17:04 | Report Abuse

Let's fly the Superman to 30 this round

Shark88

66 posts

Posted by Shark88 > 2020-08-04 17:06 | Report Abuse

Limit down max is 15% not 30% if i remember

JohnFarmer458

1,797 posts

Posted by JohnFarmer458 > 2020-08-04 17:16 | Report Abuse

Guys yesterday i steady already ask go supermax ya made 500k from supermax today

Henry8833

874 posts

Posted by Henry8833 > 2020-08-04 17:17 | Report Abuse

Current EPS per quarter only 6.5sen. Annualised only 26sen. At RM 20, trading at about 80 even at current quarter factored in covid 19 extraordinary demand. How to justify this kind of valuation. pls lah, don't create bubble which will kill ikan bilis latter...Better sell lah while still can. Some more, so much Esos, employees and boss will sell and they laugh to the banks...

Henry8833

874 posts

Posted by Henry8833 > 2020-08-04 17:20 | Report Abuse

Additional Listing Announcement /Subdivision of Shares
HARTALEGA HOLDINGS BERHAD

1. Details of Corporate Proposal
Involve issuance of new type/class of securities ? No
Types of corporate proposal ESOS
Details of corporate proposal EMPLOYEES' SHARE OPTION SCHEME
No. of shares issued under this corporate proposal 39,600,735
Issue price per share ($$) Malaysian Ringgit (MYR) 3.1655
Par Value($$) (if applicable) Malaysian Ringgit (MYR) 0.000
Latest issued share capital after the above corporate proposal in the following
Units 3,427,606,863
Issued Share Capital ($$) Malaysian Ringgit (MYR) 1,692,061,447.150
Listing Date 22 Jul 2020


Remarks :
1) 17,411,500 ESOS share at option price of RM1.89 per share

2) 464,280 ESOS share at option price of RM2.02 per share

3) 1,374,180 ESOS share at option price of RM2.06 per share

4) 1,075,160 ESOS share at option price of RM2.14 per share

5) 1,047,740 ESOS share at option price of RM2.2 per share

6) 626,860 ESOS share at option price of RM2.25 per share

7) 1,163,160 ESOS share at option price of RM2.32 per share

8) 639,580 ESOS share at option price of RM2.35 per share

9) 959,320 ESOS share at option price of RM2.7 per share

10) 1,403,060 ESOS share at option price of RM3.24 per share

11) 851,980 ESOS share at option price of RM3.64 per share

12) 1,358,835 ESOS share at option price of RM4.49 per share

13) 1,481,090 ESOS share at option price of RM4.86 per share

14) 1,348,705 ESOS share at option price of RM4.89 per share

15) 545,140 ESOS share at option price of RM4.98 per share

16) 1,602,140 ESOS share at option price of RM5.23 per share

17) 192,465 ESOS share at option price of RM5.24 per share

18) 2,499,470 ESOS share at option price of RM5.83 per share

19) 3,556,070 ESOS share at option price of RM6.09 per share

Henry8833

874 posts

Posted by Henry8833 > 2020-08-04 17:22 | Report Abuse

So much Esos shares flooded the mkt before results announcements...

Posted by Mak_KO_Hijau > 2020-08-04 17:26 | Report Abuse

harta lag kah?

Kevin Tam

528 posts

Posted by Kevin Tam > 2020-08-04 17:33 | Report Abuse

Agree with Henry , below average quarterly result of 100% increase from last quarter net profit don’t justify the share prices of above RM18... Some big players n sharks still lifting the share price in order to boast the confidence level of those retail investors.... Harta should drop to below RM18 or 17.50 to be rational....

Posted by EdenOfSaudi1 > 2020-08-04 17:38 | Report Abuse

Hartalega is not with this current share price. Go to Supermx or Top Glove

Posted by hong1707 > 2020-08-04 17:40 | Report Abuse

Hi Warrant master, I bought some Harta and top glove warrants , how to pm u ?

Miche87

156 posts

Posted by Miche87 > 2020-08-04 17:42 | Report Abuse

KUALA LUMPUR: Hartalega Holdings Bhd's net profit jumped 132% to RM219.72mil in the first quarter ended June 30,2020from RM94.06mil a year ago, underpinned by higher sales revenue, increased sales volume and higher average selling price.

The glove maker announced to Bursa Malaysia on Tuesday its revenue increased by 43.7% to RM920.08mil from RM640.10mil. Earnings per share were 6.49 sen compared with 2.81 sen. It declared an interim dividend of 2.1 sen a share compared with 1.9 sen.

Hartalega said the strong financial performance was further supported by lower raw material and energy costs, as well as the group’s continuous cost optimisation initiatives.

Its CEO Kuan Mun Leong (pic below) said: “Market demand was exceptionally strong during the quarter due to the unfortunate Covid-19 pandemic. With a new wave of cases emerging in the US, Latin America and India, along with upticks in other countries across the world, this surge in demand growth is expected to continue in the coming years.

“Due to the global shortage of gloves, average selling prices are expected to see upward revisions in the coming quarters, in line with prevailing market price.”

Kuan also said the glove manufacturing sector was expected to undergo a structural step-up in demand, on the back of increased glove usage from emerging markets with low glove consumption per capita as well as heightened hygiene awareness.

“As a result, overall projected demand growth is expected to outstrip supply for the next two to three years, ” he said.

He added Hartalega continues to ramp up its capacity expansion plans via its Next Generation Integrated Glove Manufacturing Complex (NGC).

For plant six of the NGC, eight out of 12 production lines have been commissioned, while for plant seven, the first production line is on-track for completion by October 2020.

"All remaining examination glove production lines for Plant 7 are targeted to be completed by March 2021, ” he said.

Kuan said for the next expansion phase of NGC 2.0, it aims to commission the first production line in the first half of 2022. The NGC 2.0 plant will provide an annual installed capacity of 32 billion pieces once completed.

Posted by tradeup2020 > 2020-08-04 17:44 | Report Abuse

took some profit at 20.20, not so sure where Harta is heading.

didioil132

135 posts

Posted by didioil132 > 2020-08-04 17:52 | Report Abuse

Just simple math calculation.
Share price already up by 200% since March.
But the net profit is only up by 100%.
So the target price should be around RM12 - RM14, not the current one.

pang72

49,871 posts

Posted by pang72 > 2020-08-04 18:11 | Report Abuse

Superman is way overtake Harta...

Never look back now!!

It will fly like Superman

mk2507

92 posts

Posted by mk2507 > 2020-08-04 18:12 | Report Abuse

It will March on north hihi

BATFLY

722 posts

Posted by BATFLY > 2020-08-04 18:13 | Report Abuse

Agreed with Hendry8833.. At EPS of 6.5, the price is overvalue. Worst still the cheap ESOS will dilute further the EPS.. Careplus latest EPS is 6.70 with share price only rm5.370..Be extra extra careful if you are holding or intend to buy..

lexxi012

68 posts

Posted by lexxi012 > 2020-08-04 18:15 | Report Abuse

Harta's PE is still way lower than Superman and will not give out ESOS to new employee. Time to buy low and not chasing high with Superman.

yung930

62 posts

Posted by yung930 > 2020-08-04 18:19 | Report Abuse

so you think supermx can have 10 times net profit?

Jiasaihooi

336 posts

Posted by Jiasaihooi > 2020-08-04 18:22 | Report Abuse

come on, low rmRM 17.55 - high RM 20.68, gap is RM 3.13, Hello, already up rm 3.13.

tomorrow up trends just like others

Jiasaihooi

336 posts

Posted by Jiasaihooi > 2020-08-04 18:27 | Report Abuse

Harta still got more spaces.. if compare with supermax

Posted by StevenLim80 > 2020-08-04 18:28 | Report Abuse

Hold tight harta should chase superman tommorow to gain back 2nd reputation

messi88

522 posts

Posted by messi88 > 2020-08-04 18:33 | Report Abuse

No need fundamental analysis with this money. Got money just buy any glove stock!

didioil132

135 posts

Posted by didioil132 > 2020-08-04 18:36 | Report Abuse

Hartalega, always lega lega, never serious.

Posted by makelittlemoney > 2020-08-04 18:47 | Report Abuse

guys have forgottten the demand is increasing, they can easily increase the price of glove.

didioil132

135 posts

Posted by didioil132 > 2020-08-04 18:52 | Report Abuse

One thing to think about. Harta Market Cap, 68B vs PB Market Cap, 65B. PB can make net profit of 1.3B in one quarter versus Harta net profit of 0.2B in one quarter. By this comparison, you all can see yourself. If you want to invest in business, what will you choose.

tean2020

218 posts

Posted by tean2020 > 2020-08-04 18:52 | Report Abuse

hi all sifus here, today karax the condom maker stocks shoot up 44% and i check their company profile here in i3, and it write this company do make glove and other medical glove also

my question is , does anyone come across this company? and does it make glove?
and today someone from the company buy large amouth of stocks is it some news coming out?

tks and regard.

chtan33

242 posts

Posted by chtan33 > 2020-08-04 18:53 | Report Abuse

now people wanna invest in insane goreng.... not fundamentals

didioil132

135 posts

Posted by didioil132 > 2020-08-04 18:56 | Report Abuse

chtan33, sad to hear that. Already deviated away from investment purpose. Now this is gambling, casino. Hahaha....

tean2020

218 posts

Posted by tean2020 > 2020-08-04 18:57 | Report Abuse

Karex Bhd is a Malaysia-based company that is principally engaged in manufacturing and selling condoms, sterile catheters, latex probe covers, lubricating jelly, latex sleeve, rubber finger gloves, hand gloves, and other rubber products. The company operates business through a number of subsidiaries based in Malaysia, Thailand, Hong Kong, the United States, and Europe. The company generates the majority of its revenue from the condoms business. The company has a presence in Asia, Africa, the Americas, and Europe, with overseas markets accounting for most of its total revenue.

this i copy from i3. but i try search karex website cant find glove info.

Lychien20

271 posts

Posted by Lychien20 > 2020-08-04 19:09 | Report Abuse

Cash and cash equivalents up by 4 mils

Lychien20

271 posts

Posted by Lychien20 > 2020-08-04 19:09 | Report Abuse

compare last Quarter. so.....tomorrow up again?

wantousek

533 posts

Posted by wantousek > 2020-08-04 19:16 | Report Abuse

next few days ppl will sell harta to move to supermax lo... harta QR no ooomph....

Lychien20

271 posts

Posted by Lychien20 > 2020-08-04 19:17 | Report Abuse

Cash and cash equivalents increased more than 4xxmils QoQ

Posted by stocktrade101 > 2020-08-04 19:25 | Report Abuse

“As a result, overall projected demand growth is expected to outstrip supply for the next two to three years, ” he said.

WoW!!!

Posted by BezzaDriver > 2020-08-04 19:25 | Report Abuse

Guys I just checked. For last quarter, Careplus earning per share is 6.70 vs Harta is 6.49 for quarter from 1st April to 30th June 2020. Did Hartalega underperform versus its peers?

Posted by BlessedInvestor > 2020-08-04 19:28 | Report Abuse

Public Bank made RM 1.3 billion last quarter vs Harta profit of only about RM 300million, Harta valuation which is higher than Public Bank does not justify lah....

A lot of ikan bilis will be killed in continue to goreng Harta shares. Employees and bosses of Harta who got more than 10 millions harta shares at about RM 2 -RM 6 are laughing idiots who are buying Harta shares at current price...

wickedlion

893 posts

Posted by wickedlion > 2020-08-04 19:37 | Report Abuse

omg! with recent Q result the current price is way way wayyyyyyyyyyyyyyy overvalued! prepare for free fall.

winwinvest

369 posts

Posted by winwinvest > 2020-08-04 19:38 | Report Abuse

Noob harta... talk pandai ... result kanasai

viva20

217 posts

Posted by viva20 > 2020-08-04 19:54 | Report Abuse

Supermx will drop also if goreng like today, qr will not overtake harta also.

pang72

49,871 posts

Posted by pang72 > 2020-08-04 19:58 | Report Abuse

Posted by BezzaDriver > Aug 4, 2020 7:25 PM | Report Abuse

Guys I just checked. For last quarter, Careplus earning per share is 6.70 vs Harta is 6.49 for quarter from 1st April to 30th June 2020. Did Hartalega underperform versus its peers?

THIS COMPARISON SHOWS THAT CAREPLUS WILL GO UP TO RM19. 94 IN ORDER TO ON PARE WITH HARTA..

LOOK INTERESTING!

_phoenix_

444 posts

Posted by _phoenix_ > 2020-08-04 19:58 | Report Abuse

harta really took a lot of ppl to the cleaners hahaha

DannyArcher

1,258 posts

Posted by DannyArcher > 2020-08-04 19:59 | Report Abuse

@pang72

Do you even read, careplus did a one off disposal of something something, which is why the 'profit' was so so so high. If you look at the sale of their glove minus the asset they dispose, the profit is so so only.

_phoenix_

444 posts

Posted by _phoenix_ > 2020-08-04 20:00 | Report Abuse

harta share cap almost 4,000 million carepls share cap 500 mil + don't be nuts with stupid comments and take more ppl to the cleaners

_phoenix_

444 posts

Posted by _phoenix_ > 2020-08-04 20:02 | Report Abuse

3428 million vs 540 million to be exact

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