HARTALEGA HOLDINGS BHD

KLSE (MYR): HARTA (5168)

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Last Price

2.69

Today's Change

-0.02 (0.74%)

Day's Change

2.68 - 2.76

Trading Volume

1,951,700


14 people like this.

33,397 comment(s). Last comment by SWT1988 3 minutes ago

Fattymin

245 posts

Posted by Fattymin > 2020-08-24 09:18 | Report Abuse

this harta, haiz....no eye c

MMMMM

183 posts

Posted by MMMMM > 2020-08-24 09:23 | Report Abuse

c48 is relative very low as well. mother moved last week but it's does not have time to reflect, it should up anytime. should be 54c average now but still 48c average

BaconGuest

675 posts

Posted by BaconGuest > 2020-08-24 09:35 | Report Abuse

clap clap clap
harta worthy buy on dips buy on dips buy on dips
rumors claiming mgmt to announce bonus issue soon.....wakkkkak !

BaconGuest

675 posts

Posted by BaconGuest > 2020-08-24 10:32 | Report Abuse

tp rm25.00 next week before bonus announcement.....wakkkkkak !

Fattymin

245 posts

Posted by Fattymin > 2020-08-24 10:33 | Report Abuse

rm25? day dream lo

MasterYoda

975 posts

Posted by MasterYoda > 2020-08-24 11:57 | Report Abuse

When you don’t listen to Masteryoda,you will lose money!Switch to HLT or Careplus for better profit :)

investmalysia

1,454 posts

Posted by investmalysia > 2020-08-24 13:28 | Report Abuse

HLT drop 6% o. Good luck

menort

1,006 posts

Posted by menort > 2020-08-24 14:49 | Report Abuse

Shopping time. Buying more Harta for me.

investmalysia

1,454 posts

Posted by investmalysia > 2020-08-24 15:24 | Report Abuse

already collect enough during correction. Now wait for it to go above 20

Posted by Pgraduate123 > 2020-08-24 15:35 | Report Abuse

Not compulsory to give bonus just becuz TG n SuperM gave... Early Sept after Xdate, TG = ard 9.50... SuperM ard 11.00
Harta still 17.00.
Then TG n Super chased back up to around 15 to 16.00 and Harta still stuck 17.00 no bonus.

Lewis Lee

1,660 posts

Posted by Lewis Lee > 2020-08-24 15:51 | Report Abuse

Didn't you notice big boss Kuan Kam Hong sapu big last week ? RM25 mil worth of share wallop-ed by him !!
If no good news, big boss buy back share for what ??

Very sure, bonus issues announced soon or the next QR result will be very very good !!
AGM 15-9 right ?? wait for good news !!!

Lewis Lee

1,660 posts

Posted by Lewis Lee > 2020-08-24 15:57 | Report Abuse

Last week TG boss Lim wee Chai also bought back share worth RM21 mil but the news have been published and spread everywhere !!
HL boss Kuan Kam Hong bought back share worth RM25 mil (even more money) but nobody talk about it ??

I found it strange ! HL do things with low profile !!

Lewis Lee

1,660 posts

Posted by Lewis Lee > 2020-08-24 15:59 | Report Abuse

HL s past 2 quarters result were delivered below expectation, I am very sure next Q will deliver a "above expectation" result !!

MaxGGG

251 posts

Posted by MaxGGG > 2020-08-24 16:07 | Report Abuse

@ Lewis, I think Mr Lim bought 50M and not 21M.

Posted by Pgraduate123 > 2020-08-24 16:15 | Report Abuse

Lewis, I am unsure source saying Kuan bought many shares..
But why would he buy.? ... Already owned majority percentage of harta as a founder, director etc.. 25 m is ikan bilis...
Hence I believe, we need not have to declare bonus just becuz other glove does it.

Lewis Lee

1,660 posts

Posted by Lewis Lee > 2020-08-24 16:29 | Report Abuse

Why owner buy back their own share ?
Very simple ! They see value in their own shares at the current price !
He knows the company in side out and understand there is growth there and rather put 25Mil cash back to own company than investing some where else !!

As for bonus issues, you can judge by their previous practice, I just checked their record, they are keen to give bonus issues once the company make huge profits , they gave bonus issues of 1:1 at 2010, 2012, 2015, 2018 !! almost every 2-3 years ! therefore bonus issue will be announced soon for sure, either this year or next year !!

Posted by makcikkiah > 2020-08-24 16:30 | Report Abuse

Anyone still holding on to their c52 warrant? Plummet till no eye see

MasterYoda

975 posts

Posted by MasterYoda > 2020-08-24 17:35 | Report Abuse

"You must unlearn what you have learned." ...

Lewis Lee

1,660 posts

Posted by Lewis Lee > 2020-08-24 18:11 | Report Abuse

"However, he believes ASPs will remain elevated until 1Q next year.

“Earnings for 3Q and 4Q2020 will still go up, especially for big players such as Hartalega Holdings Bhd and Kossan Rubber Industries Bhd because of their timing in raising ASPs.

“Supermax Corp Bhd raised its ASPs first, then Top Glove Corp Bhd, followed by Hartalega and Kossan. If ASPs come down, Supermax will be hit the most as its ASPs are the highest; this is also why Supermax’s share price has gone up the most,” he explains.

Year to date, shares in Supermax have shot up 1,301%, while Top Glove, Kossan and Hartalega added 406.8%, 246.2% and 192.3% respectively. "

https://www.theedgemarkets.com/article/selling-prices-gloves-remain-high-show-signs-peaking

Extract from an analyst's report in the edge today, that explains why Harta is still "laggard" !
That means HL just raised up their ASP, so the next Q's result will be very good !!
next Q's result exceed expectation then the share price will shoot UP for sure !!

Lewis Lee

1,660 posts

Posted by Lewis Lee > 2020-08-24 18:15 | Report Abuse

Simple logic :- Hartalega & Kossan is the last laggards in glove sector, Supermax & TG already peaking with their fantastic results !
All glove companies investors , ask yourself this one wise question :- do you still want to crazily chase up overvalue glove counters or slowly sapu-ing under value glove companies ??

investmalysia

1,454 posts

Posted by investmalysia > 2020-08-24 19:11 | Report Abuse

Petronas also want to enter glove related market. Maybe they will produce glove in future lol

winwinvest

369 posts

Posted by winwinvest > 2020-08-24 19:45 | Report Abuse

not only looking at ASP la.... must see whether they have the capacity to get in spot orders or not....

lexxi012

68 posts

Posted by lexxi012 > 2020-08-24 21:11 | Report Abuse

@Lewis- The price will plunge badly if Mr Kuan did not top up last week. Frankly, Harta’s qr is way below expectation and hence retailers prefer Superman and TG over Harta. Same goes to Kossan. Please stop whining, it won’t help pushing the price up.

mf

28,412 posts

Posted by mf > 2020-08-24 21:21 | Report Abuse

WHO says 172 countries now engaged with global vaccine plan
There are now 172 countries engaged with the World Health Organization-led COVAX plan that’s designed to ensure “a globally coordinated rollout” of Covid-19 vaccines that prove safe and effective

faralenz77

1,019 posts

Posted by faralenz77 > 2020-08-24 21:59 | Report Abuse

Petronas Chem now show interest in manufacture glove materials nitrite and the like not glove making. Glove companies have gone through tough difficult years and 2020 is the year of blessing.

Posted by jeffrey1166 > 2020-08-24 22:49 | Report Abuse

Why harta shares keep drop Ge

MasterYoda

975 posts

Posted by MasterYoda > 2020-08-24 22:50 |

Post removed.Why?

OngKawKaw

3,283 posts

Posted by OngKawKaw > 2020-08-24 22:54 | Report Abuse

HLT need MasterYoda. Quick quick go back HLT don’t come back here.

Posted by CHONGweiboon1119 > 2020-08-24 23:25 | Report Abuse

MasterYoda slowly wait, I will all in HLT at rm1 haha

Posted by smallfellow > 2020-08-25 00:32 | Report Abuse

I have no doubt a bonus issue will be announced at the AGM. The only thing I am not sure off is whether it will be a 1:1 issue or a 2:1 issue. Harta is looking towards expanding and that needs money. So instead of rewarding investors with a nice big dividend it will keep the cash and issue bonus shares.

BaconGuest

675 posts

Posted by BaconGuest > 2020-08-25 07:25 | Report Abuse

hot hot hot news

"Hxxx Bhd announced its proposal of a one-for-two bonus issue.
The proposed bonus issue will expand the company's issued share capital by ...... without any capitalisation from the company's reserves."

must load up more more now before it rocket skylimit.......wakkkkakkkka !

alexljh86

126 posts

Posted by alexljh86 > 2020-08-25 07:58 | Report Abuse

BaconGuest, fake news?

SecretOne

224 posts

Posted by SecretOne > 2020-08-25 08:18 | Report Abuse

Hong Kong researchers report first documented COVID-19 reinfection

https://www.channelnewsasia.com/news/asia/hong-kong-researchers-report-first-covid-19-reinfection-13048788

Does it mean even when vacione is available, we have to take it every X number of month/year?

Seven77

185 posts

Posted by Seven77 > 2020-08-25 08:33 | Report Abuse

Yes bonus issue coming .support harta

Aero1

1,440 posts

Posted by Aero1 > 2020-08-25 09:04 | Report Abuse

Malaysia's Petronas and South Korea's LG Chem sign an agreement to build a plant in Malaysia to begin producing the raw material for synthetic rubber gloves in 2023. The use of nitrile gloves has surged amid efforts to prevent the spread of COVID-19 and other infections.

https://asia.nikkei.com/Business/Business-deals/Malaysia-s-Petronas-and-LG-Chem-to-build-glove-material-plant2

Supply chain expects step-up and sustainable demand.

MasterYoda

975 posts

Posted by MasterYoda > 2020-08-25 09:34 |

Post removed.Why?

Needluck

465 posts

Posted by Needluck > 2020-08-25 09:40 | Report Abuse

those who master in chart reading, please have a look to Harta Chart. Forming head and shoulder?

_phoenix_

444 posts

Posted by _phoenix_ > 2020-08-25 10:00 | Report Abuse

HLT could be another Notion ...

_phoenix_

444 posts

Posted by _phoenix_ > 2020-08-25 10:04 | Report Abuse

While it may not report a loss unlike Notion with a 10 mil loss for this quarter, its results might be below expectation because it is not a glove manufacturer per se

Cococo

7 posts

Posted by Cococo > 2020-08-25 10:25 | Report Abuse

why harta keep falling..

Shayng

88 posts

Posted by Shayng > 2020-08-25 10:34 | Report Abuse

The main reason is several country having their own trial vaccines while using to treat serious patients as well

kens88

698 posts

Posted by kens88 > 2020-08-25 10:48 | Report Abuse

Harta no value? Always drop back 15-16

stevenckheng

1,326 posts

Posted by stevenckheng > 2020-08-25 11:38 | Report Abuse

harta is the stock with most foreign selling

stockraider

31,556 posts

Posted by stockraider > 2020-08-25 11:49 |

Post removed.Why?

free2invest

1,748 posts

Posted by free2invest > 2020-08-25 13:40 | Report Abuse

@stockraider....don't care it is vaccine stock or glove stock, as long making money during this Covid 19 time.

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