HARTALEGA HOLDINGS BHD

KLSE (MYR): HARTA (5168)

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Last Price

2.71

Today's Change

+0.02 (0.74%)

Day's Change

2.69 - 2.77

Trading Volume

8,300,400


14 people like this.

33,395 comment(s). Last comment by Chipee 1 day ago

Gaussian

3,008 posts

Posted by Gaussian > 2020-12-14 19:21 | Report Abuse

Good news are here

Posted by opportunity > 2020-12-14 19:25 | Report Abuse

singapore = pfizer

XxxxXzz

684 posts

Posted by XxxxXzz > 2020-12-14 19:35 | Report Abuse

When tg reach 6.15, supermax 6.5, harta 11.5, kossan 4.5
Then rebounce 3 days. 2 times past record already. Unless this time break la.

gemfinder

6,880 posts

Posted by gemfinder > 2020-12-14 19:54 |

Post removed.Why?

katsul51

317 posts

Posted by katsul51 > 2020-12-14 20:09 | Report Abuse

I am positive Santa Claus will have something for everyone. If you believe. I am sure it is going to be good after Christmas

Posted by Pgraduate123 > 2020-12-14 20:31 | Report Abuse

My wish from santa is harta tickets at rm8.45 will be a joyful Christmas

ChaseBros

577 posts

Posted by ChaseBros > 2020-12-14 22:16 | Report Abuse

This is the summary of Total Net Short as of Dec 11 2020

https://www.bursamalaysia.com/misc/missftp/sblnt/NetShortPosition20201211.pdf

You judge for yourself when they will buy-in to cover the short position.

stkoay

6,201 posts

Posted by stkoay > 2020-12-14 22:31 | Report Abuse

Want to make money in Bursa is easy...

....just follow the momentum....just like fungsui, just follow the flow...

....what is going up, will continue to go up...

....what is going down will continue to go down....

....this is call momentum play....nothing to do with fundamental

....investors cannot beat Mr. Market....

.....JUST FOLLOW THE MOMENTUM TO MAKE MONEY....simple as that.

Posted by shareinvestor88 > 2020-12-14 22:38 | Report Abuse

SELL SELL TP 2

Jack Khan

1,273 posts

Posted by Jack Khan > 2020-12-15 06:49 | Report Abuse

ChaseBros - Bro Such market why they need to cover short ? They are making billion by increase short

Jeffreyteck

4,246 posts

Posted by Jeffreyteck > 2020-12-15 08:09 | Report Abuse

Positive... cash rich to initiate buy back, lol.
Negative... Relatively high valuation, covid cases reported, sectoral sentiment.

XxxxXzz

684 posts

Posted by XxxxXzz > 2020-12-15 08:25 | Report Abuse

Harta still OK la, now already RM11. Still got how much u can lost? Before mco this stock already worth rm7. Their book order better than top glove and others else. That why their margin not high after this covid 19. Because before covid they almost full utilise their production capacity. No extra capacity for spot order. Not like top glove, their book order is less a lot than capacity before covid. That why have extra capacity to get higher margin on spot order. Even everything go back normal, harta still perform better than tg. Just like before when harta market cap high than tg

goldenluck16

1,955 posts

Posted by goldenluck16 > 2020-12-15 08:42 | Report Abuse

EPF keep on selling the glove counters and this really helps the IBs to short the top 4 counters everyday. The IBs save hundred of millions when paying out the maturing CWs. .It's no more based on FA but more of TA and manipulations by the IBs. Prices are not the real picture right now.

Posted by billackman > 2020-12-15 10:45 | Report Abuse

Vaccine's are being administered gradually. US, Singapore, Canada, China, Russia, etc..... Again I reiterate it is good to take profit while the stock price is above rm10.

gloveharicut

1,067 posts

Posted by gloveharicut > 2020-12-15 11:37 | Report Abuse

TA Securities also said in a recent report that despite encouraging vaccine developments, it reiterated its "overweight" stance on the rubber glove sector.

“We remain bullish as we believe supernormal earnings are here to stay in 2021 and 2022; vaccines will cause a surge in personal protective equipment (PPE) usage, and demand will outstrip supply over the next two years,” it said.

Its top picks are Hartalega (TP: RM25.97) and Kossan (TP: RM9.45), whose average selling prices (ASPs) would be raised more aggressively than peers as the latter play catch-up.

“Also, these companies are direct beneficiaries of increasing daily [new] Covid-19 cases and exceptionally high glove demand.

“2021 is a foregone conclusion — that profit will be exceptional and the same order backlog has flowed into 2022 with no indication of ASPs subsiding yet,” it said.

https://klse.i3investor.com/blogs/gloveharicut/2020-12-15-story-h1538220705-GLOVEs_recoup_some_losses_after_yesterday_s_selldown.jsp

MasterYoda

975 posts

Posted by MasterYoda > 2020-12-15 11:56 | Report Abuse

Guys don’t be stubborn,it will continue to go downhill.Cut loss before become bubur cha cha :) . “Train yourself to let go of everything you fear to lose.” — Yoda

ChaseBros

577 posts

Posted by ChaseBros > 2020-12-15 12:08 | Report Abuse

Jim Cramer says stay-at-home trade is back on — ‘Lockdown is where we’re headed’

https://www.cnbc.com/2020/12/14/cramer-says-stay-home-trade-is-back-lockdown-is-where-were-headed.html

After all the EUA, recovery theme will subside, for more and more countries going into lockdown with exponential Covid cases and no of deaths. This is only the beginning of dark brutal winter.

A value investor will buy into good fundamental stock which is undervalue due to temporary weak sentiment or irrational market behavior.

cutie

1,690 posts

Posted by cutie > 2020-12-15 12:23 | Report Abuse

it go down now because of sentiment....after the dust settled, it will go up and up fast and cant be chase.

Posted by WeLoveSarawak > 2020-12-15 12:25 | Report Abuse

https://www.bursamalaysia.com/misc/missftp/sblnt/NetShortPosition20201214.pdf

Total Net Short Position for 14/12/2020

Net Short Position. Top 5 shorted held by the big 4 glove stocks..

cutie

1,690 posts

Posted by cutie > 2020-12-15 12:25 | Report Abuse

only one or two analyst disagree it will go up....ALL analysts agree it will go up . even today analysts came up to say it is a good buy especially kossan and hartalega .

linheng

1,365 posts

Posted by linheng > 2020-12-15 13:52 | Report Abuse

AS OF 31 OCT 2020, JP MORGAN MALAYSIA EQUITY FUND TOP HOLDING IS TOPGLOVE. NO 3 IS HARTALEGA. AFTER SELL IN NOVEMBER 2020, THEY DECIDED TO DOWNGRAGE BY 50%. PLEASE CHECK THEIR FUND FACT SHEET

Posted by stocksyndicate > 2020-12-15 13:59 | Report Abuse

Looking for tons of excuses when the stock down ah? Today should celebrate coz rebound few cents. Congratulations ah. Will the rebound continue on?

Lewis Lee

1,660 posts

Posted by Lewis Lee > 2020-12-15 14:01 | Report Abuse

不过呢,长期来说我依然相信 HARTA 值得超过这个价钱,毕竟在手套价格爆炸之前,大家所谓的 “OEM” 就让他们非常赚钱 是所有手套公司里面最高的一个,那么回调下来的话,我也相信 HARTA 依然是里面的王者!

好了,说到这里肯定会有人问我什么价位会去接飞刀 如果明天 HARTA 继续跌的话,我就做敢死队买一点点来收,到最后我还是相信一句话:

好公司,总有一天会被市场认同的。

linheng

1,365 posts

Posted by linheng > 2020-12-15 14:02 | Report Abuse

ON 30 OCT TG CLOSED AT $8.57 HARTALEGA CLOSED AT $17.95

linheng

1,365 posts

Posted by linheng > 2020-12-15 14:04 | Report Abuse

stocksyndicate Looking for tons of excuses when the stock down ah? Today should celebrate coz rebound few cents. Congratulations ah. Will the rebound continue on?
I ALSO HOPE IT GO DOWN. CAN SLOWLY BUY, BUT THIS ARE FACTS.

Posted by proacez2000 > 2020-12-15 15:58 | Report Abuse

too much selling pressure..huh

Posted by noobinvestor98 > 2020-12-15 16:24 | Report Abuse

good entry price :D

Mabel

23,567 posts

Posted by Mabel > 2020-12-15 17:16 | Report Abuse

The US is always very jealous of other country success. China got Huawei the most innovative tech company in the world, they jealous. We Malaysia got 1st Biggest Glove Makers, 2nd Biggest palm oil and 3rd Biggest Rubber Producer, they jealous.

US jealous Malaysia got so much palm oil, they have anti-palm oil campaign
US jealous Malaysia produce so much gloves, they have JP Morgan downgrade the sector
whereas US Tesla boleh PE 1000x! But gloves PE 16x dah downgrade. JP Morgan has buy call on Tesla even thought Tesla PE is 1000x!

So Western country can have high PE but Asian country cannot have high PE is it? Cos Top Glove PE only 16x already downgraded by JP Morgan.

Only small brain mouse will believe JP Morgan....

Understand?

Meow

Posted by billackman > 2020-12-15 21:26 | Report Abuse

The setback on production is looming given the recent COVID cases. Please think objectively, the cluster will almost definitely spread to all factories at the area. Guys, this is not the first day you’ve heard of how fast COVID spreads right? By now it’s just a matter of time for the announcement to be made on further closures and disruptions.

https://focusmalaysia.my/business/operations-dented-but-prospects-remain-intact/

Posted by billackman > 2020-12-15 21:45 | Report Abuse

Second vaccine by moderna cleared by FDA. Seems that this vaccine is more effective and don’t require super low temp storage. Again, these are not rumors.

https://www.nytimes.com/2020/12/15/health/covid-moderna-vaccine.html?campaign_id=60&emc=edit_na_20201215&instance_id=0&nl=breaking-news&ref=cta&regi_id=122362891&segment_id=46986&user_id=ae330fea925ee763ea3e731fcfeaef0f

10048917

34 posts

Posted by 10048917 > 2020-12-15 23:03 | Report Abuse

Assalamulaikum

ravin25

116 posts

Posted by ravin25 > 2020-12-16 07:01 | Report Abuse

Mercator up 20%... Hope harta can show its potential too

linheng

1,365 posts

Posted by linheng > 2020-12-16 07:09 | Report Abuse

LOOK AT ZOOM SHARE PRICE. THIS IS A PURE PANDEMIC PLAY COUNTER-WORK FROM HOME VIDEO WARE. JAN 2020 PRICE IS BELOW USD$70. TODAY CLOSED IS STILL $399. STILL MORE THAN 5X UP. AT THE PEAK IS >$500.
GLOVES IS DEFINITELY BETTER.

smurfbee

1,439 posts

Posted by smurfbee > 2020-12-16 07:40 | Report Abuse

sentiment is against glove... let it fall..... the larger it falls the better....real experienced traders know what to do.... :)

Ryan83

1,835 posts

Posted by Ryan83 > 2020-12-16 08:57 | Report Abuse

PETALING JAYA: Kossan Rubber Industries has become the latest glove manufacturer to record Covid-19 cases among its workers.

A spokesman told FMT “there had been some cases” as a result of workplace screenings which started last week but was unwilling to provide the exact number of workers who had tested positive.

“The cases happened in the Klang area.The spokesman said the screenings were continuing.

XxxxXzz

684 posts

Posted by XxxxXzz > 2020-12-16 09:46 | Report Abuse

Harta C48, buy before limit up not play play this turn

katsul51

317 posts

Posted by katsul51 > 2020-12-16 11:49 | Report Abuse

If all is well today Harta closing RM 13.10

Lewis Lee

1,660 posts

Posted by Lewis Lee > 2020-12-16 12:00 | Report Abuse

To all the fucking stupid analysts out there, please downgrade Harta to RM5.00 TP !!
I want to buy cheap !! Please !
JP Morgan, please drop the TP to RM2.00 !! Please !!

10048917

34 posts

Posted by 10048917 > 2020-12-16 14:08 | Report Abuse

Masukkan terus dalam akaun public bank akulah.

Posted by proacez2000 > 2020-12-16 14:57 | Report Abuse

switch to inta...undervalue stock

Posted by HonestWarrior > 2020-12-16 15:16 | Report Abuse

Lol switch from blue chip to penny stock, ok sir noted lmao hahahahahah

whenarmada

144 posts

Posted by whenarmada > 2020-12-16 15:27 | Report Abuse

not sure if harta has the second chance to return to RM20. i doubt it. vaccine will be widely available

ChaseBros

577 posts

Posted by ChaseBros > 2020-12-16 22:02 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3114184

EPF dump 5 million TG shares on Dec 11 and acquire 5 million Harta share at about the same time?, but Harta value is almost double that of TG.

ChaseBros

577 posts

Posted by ChaseBros > 2020-12-16 22:08 | Report Abuse

China Secures 100 Million Doses of BioNTech Vaccine

https://www.bloomberg.com/news/articles/2020-12-16/china-secures-100-million-doses-of-biontech-shot-to-boost-supply?srnd=premium-asia

China supply vaccine to Middle East, Indon, etc but also buying expensive vaccine at the same time? ( plus difficulty in transportation and distribution).

mf

28,412 posts

Posted by mf > 2020-12-17 06:22 | Report Abuse

OTTAWA -- The federal government is making plans to ship doses of Moderna’s vaccine candidate across the country — including to the North — on the assumption that Health Canada will soon be authorizing it the second COVID-19 shot safe for use in this country.

ravin25

116 posts

Posted by ravin25 > 2020-12-17 08:00 | Report Abuse

The current avian flu outbreak can increase the glove demand? Millions of chickens culled recently in Japan. GLOVE DEMAND GOING TO BE SUPER HIGH SOON

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