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

hasnah

60 posts

Posted by hasnah > 2020-12-23 10:32 | Report Abuse

In Selangor, the Bukit Naga cluster was detected in Klang with 58 cases, said Health director-general Tan Sri Dr Noor Hisham Abdullah.

Morpheus61

2,144 posts

Posted by Morpheus61 > 2020-12-23 10:33 | Report Abuse

Why Structured Warrants are the death of investors !

The following is a list of CFD's ('Structured Warrants' as they are called ONLY in Malaysia)


In the Money:

https://imgur.com/cEk679H

Out of Money:

https://imgur.com/KVsaLxJ

It does'nt take a rocket scientist to figure that the Share price
of THE ASSET (The Underlying Share) will be close to if not less than
the Exercise Price of the Warrant at expiry.

Historical data clearly shows that 95-98% of the investors lose money
in CFD's. In fact. most issuer's around the world have this statement
as a Disclaimer. 2 Pages of a Macquaire Issue Document can be viewwed
in the following link. 2nd page contains all the DISCLAIMERS.

https://imgur.com/zPEaNub

Lewis Lee

1,660 posts

Posted by Lewis Lee > 2020-12-23 12:47 | Report Abuse

Fucking stupid JP Morgan & those IB analysts, please downgrade Harta TP to 5.00 or lower, so I can buy at dirt cheap price !! Or those stupid short sellers and impatient traders, please dump your harta shares to a dirt cheap price until RM5 for me to collect !!! lol

LaoTzeAhSir

1,304 posts

Posted by LaoTzeAhSir > 2020-12-23 16:22 | Report Abuse

institutional shortists and call warrants are the devils. karma await

LaoTzeAhSir

1,304 posts

Posted by LaoTzeAhSir > 2020-12-23 17:17 | Report Abuse

cimb call warrants topglov-c84, supermx-c1a, harta-c52 are the classic biggest fraud of all time to con retailers money. only down, never up, plus RSS short selling on mother share price to furher squeeze.

Posted by WeLoveSarawak > 2020-12-23 18:29 | Report Abuse

LaoTze, you stuck in those CW's? just sell off la..especially harta-c52 almost expiry alreadt..the longer you hold the more u lose until become toilet paper.

Posted by WeLoveSarawak > 2020-12-23 18:30 | Report Abuse

the CW is issued (OWNED) by the IB's..they can do what they like to it..you can complaint to GOD also it wont change anything

kd88

203 posts

Posted by kd88 > 2020-12-23 19:18 | Report Abuse

Key takwaway from today EGM

- MS not only ventured into glove business but also planning to venture into other healthcare related business which could include personal protection, pharmaceutical, services and / or upstream product.
- MS understand the importance of R & D and they will invest into this. They also have talent who have experience in this area
- MS will look for business opportunity with RCEP partner in Asia
- The glove production line is high speed one and highly ajtomated with auto stacking and auto stripping features. The production capability is 38k pieces per hours per production line. Industry highest is Hartalega production line which can produce 45k pieces per hour per line.
- They will continue focus in automation development, same as what they are doing in plastic segment
- As a new player, they have more options to choose between spot order and contractual order. Take note that the spot selling price could be 50% to 100% higher than contractual selling price.
- As a new player, their production line is new which half of production line from old player could be old already. This could bring more efficiency to MS compared to other old player.
- They have received more than 60 letter of intent from customer.
-They are unable to provide profit guidance. But they mentioned spot selling price per 1k piece for nitrile glove is USD 80 to 160,while the cost from USD 27 to USD 50
- For the capex of RM 160m, they are looking to pay back within 1 to 1.5 yes

kd88

203 posts

Posted by kd88 > 2020-12-23 19:19 | Report Abuse

Harta already fully valued and time to look for mah sing which value yet to unlock.

haha1234

1,171 posts

Posted by idkdontaskmelol > 2020-12-24 11:16 | Report Abuse

LaoTzeAhSir cimb call warrants topglov-c84, supermx-c1a, harta-c52 are the classic biggest fraud of all time to con retailers money. only down, never up, plus RSS short selling on mother share price to furher squeeze.
23/12/2020 5:17 PM

Kikikiki. Still holding this 3 CW? Harta C52 drop like shitttt, i think dat day u said is around 15 sen, now 2 sen ony o. ex price is 15, but now mother 12.56 ony, Still got around 20+ trading days ony o. Remember, exprice lower than mother price, then ur CW BURNT!!! kikiki. Now u cut loss I think 70% loss. but got 30% capital ma. but if out of money then 0% capital le kikiki. keep going down u know. 1 day mayb 0.005 ony, dat time u wan to sell oso no ppl wan buy! Woohooo another ppl tio burnt in CW. Nice ah!

Posted by Danial Azizul > 2020-12-24 20:03 | Report Abuse

Epf collecting everyday

Posted by STEADYBOMBIBI85 > 2020-12-24 21:06 | Report Abuse

Hello is it safe to enter now?

Lewis Lee

1,660 posts

Posted by Lewis Lee > 2020-12-24 21:24 | Report Abuse

This is the only glove company with caring, humane & honest CEO and family, slowest to jack up teh ASP in order not to burden the end users, good karma will repay those loyal shareholders who share the same value with the CEO's family !!

kens88

698 posts

Posted by kens88 > 2020-12-25 10:17 | Report Abuse

virus mutate and cases climbing price still drop.

kens88

698 posts

Posted by kens88 > 2020-12-25 10:17 | Report Abuse

seems wont go up already?

10048917

34 posts

Posted by 10048917 > 2020-12-25 10:29 | Report Abuse

Good Morning everyone.

stockraider

31,556 posts

Posted by stockraider > 2020-12-25 12:27 | Report Abuse

GLOVES BULLISH STORY FADING REPLACE BY COMING STRONG PALMOIL PLANTATION STORY LOH....!!

Despite the strong cpo prices, the things pressing it down is the cpo tax implementation, it was already confirmed at 8% now loh..!!

Now with this news already out & behind us, we look at the cpo future & it ranges from jan to august Rm 3800 to Rm 3000, all above the super profitable benchmark price of Rm 3,000 over 8 months.

Thus if u have invested in palmoil stock , you can expert super profit for at least 8 months loh...!!

In addition u need to know, if cpo prices above rm 2,600 u already substantial good margin and profit as most of plantations cpo cost is around rm 1,600 per ton mah...!!

Thus 2021 will be a very good year for palm oil plantation mah...!!

Market is still sceptic about palmoil...it will turn positive optimistic very soon loh...!!

Go in early, do not be late like Johnny come lately mah..!!

CPO price is going up everyday very steadily loh...!!

No need to kenchong loh...!!

Just stay focus, meditate and with this positive forces will further propel the plantation share price up up n away mah....!!

Just have confidence to hold lah....!!

Posted by Yeo Soon Qion > 2020-12-25 18:16 | Report Abuse

Glove Theme has been replace by Tin and Steel Theme
Rising Tin and Steel Price,
and our government has begun to imposed 5 years Anti Dumping Tax on China, South Korea and Vietnam,
will greatly benefit the Tin and Steel Sector.

Morpheus61

2,144 posts

Posted by Morpheus61 > 2020-12-25 18:31 | Report Abuse

Malaysia produces Steel and Iron ?

Posted by Yeo Soon Qion > 2020-12-25 19:54 | Report Abuse

i am now keep an eye on MSC, Lionind, Masteel and so on.
But if you want to buying, must applied technical analysis,
as the glove sector have a good fundemental, but it technical now are very weak.

10048917

34 posts

Posted by 10048917 > 2020-12-25 20:17 | Report Abuse

Goodnite

10048917

34 posts

Posted by 10048917 > 2020-12-25 20:17 | Report Abuse

Goodnite

Erudite

249 posts

Posted by Erudite > 2020-12-26 23:24 | Report Abuse

MS glove story really a joke. B4 doin anythin nd to use common sense. Big 4 undervalued don wan, wan 2 play newcomer with 0 track record

ravin25

116 posts

Posted by ravin25 > 2020-12-27 00:31 | Report Abuse

Glove stocks can window dressing next week?

stockraider

31,556 posts

Posted by stockraider > 2020-12-27 13:26 | Report Abuse

THIS IS THE SECRET OF INVESTMENT LOH...!!

EVERY YEAR THERE IS ONE OR TWO THEMATIC BULL THEME AND MANY AS HIGH AS 50% SPECIFIC UNIQUE SPECIFIC STOCK RALLY OF ABOVE 50% MINIMUM GAIN loh..!!

IF WE CAN CATCH IT EARLY & RIDE THE BULL TO ITS PEAK WE WILL DO EXCEEDINGLY WELL WE WILL BE ABLE TO OUTPERFORM IN A FEW SHORT BULL RUNS AND PERHAPS RETIRE EARLY LIKE PETER LYNCH LOH!


OF COURSE LIKE WARREN BUFFET MAKING MONEY FROM STOCK MARKET AS A MOTIVE IS LONG OVER IT IS THE JOY, THE ADVENTURE & THE CONSTANT INTELLECTUAL CHALLENGE IN THE ART OF INVESTMENTS THAT CAUSED HIM TO SAY
"TAP DANCING TO WORK"


NOW MY HUMBLE OPINION FOR INDIVIDUAL STOCK PICK THIS
YEAR 2021 WILL BE INSAS "THE COMING SUPER INDIVIDUAL STOCK BULL RUN"
WHY INSAS WILL GO INTO A BULL RUN FOR YEAR 2021?

ANSWER:
BECAUSE INSAS SHARE PRICES NOW REACHING SUPER EXPLOSIVE INFLEXION POINT WITH THE POTENTIAL EXPLOSIVE OUTBURST TO ITS ALL TIME HIGH DUE TO POTENTIAL AMPLIFY PROFITS TREND INSAS GOING TO ACHIEVED DUE TO ROBUST STOCK MARKET , INVESTMENT GAIN & THE STRONG SHOWING OF technology INARI LOH!
AND IF PROFITS KEEP INCREASING IT IS ONLY A MATTER OF TIME OF INCREASE WILL INCREASE DIVIDENDS OR REWARD WITH BONUS ISSUES.
SO INSAS SHARES MUST GO UP HIGH AS THIS IS THE LAW!

TECHNOLOGY STOCKS, GLOVES STOCKS, FINANCE STOCKS ARE GETTING MORE VALUABLE IN WHICH INSAS HAVE EXPOSURE TO ALL OF THEM LIKE TECHNOLOGY THRU INARI & OMESTI, GLOVES THRU DGSB AND FINANCE THRU INSAS CREDIT & LEASING, M&A STOCKBROKING & ADVISORY AND SHARE INVESTMENT THRU INSAS HOLDING & SUBSIDIARIES ALL THESE EXPOSURES WILL REAPED IN SUPER PROFIT FOR 2021 MAH!
FOR YOUR INFORMATION INSAS ALREADY RECORD SUPER PROFIT FOR THE 1ST QTR 30 SEPT 2020 RECORD PROFITS OF RM 65M, EVEN THE WHOLE MSIA ECONOMY REGISTERED NEGATIVE GDP GROWTH LOH INSAS amazingly gain loh!!
LOOKING AT THE TREND OF INCREASING PROFIT FOR INSAS, ITS SHARE PRICE WILL EVENTUALLY SHOOT UP IN TANDEM LOH!

AGAIN WHEN ALL THE WORLD MARKETS ARE STARTING TO RECOVER FROM YR 2020 COVID19 SETBACK, U WILL SEE MAJOR RALLYS DUE TO RERATING OF STOCKS AND SUPER LOW INTEREST RATES enviroment THAT wii SPURS EQUITY PURCHASE MAH!

INSAS BEING SUPER UNDERVALUE WITH NAV OF RM 4.80 AND PE 8X WILL BE THE MAJOR PRIME BENEFICIARY here mah!

U r actually seeing emerging sign of INSAS share at 88 sen starting to run up like the early SUPERMAX & TOPGLOVES Gloves run in March to April Rally, the sign of coming bull which are very subtle with explosive upside b4 it explosively burst out with gains of few hundred % at the later stage mah...!!

U need to join the Insas stock early, as this is a safest fruit pickings when there are still abundance in supply now loh...!!

ALWAYS REMEMBER TO BUY INSAS 88 sen EARLY BEFORE TOO LATE MAH...!!

stockraider

31,556 posts

Posted by stockraider > 2020-12-27 16:43 | Report Abuse

Sohai loh...gloves capacity is increasing everywhere mah...!!

Msia, China, Indonesia, Vietnam & Thailand loh...!!

Even non traditional high cost country like Germany, Usa, Japan, Korea are increasing capacity too loh...!!

This is bcos Gloves is a simple product, easily to produce n no record science mah...!!

U look at Gloves sister the face mask which are more widely use than gloves, but its selling plunge from Rm 2.00 to only 30 sen a piece worldwide loh!!

What happen?? The worldwide huge usage of facemask did not help bcos of over production n over capacity loh...!!

The same fate will going to happen to gloves too mah...!!

Just be very careful mah...!!

stockraider

31,556 posts

Posted by stockraider > 2020-12-27 16:46 |

Post removed.Why?

Posted by partimeshark > 2020-12-27 20:19 | Report Abuse

The main issue for glove will be the raw material.. u can increase capacity, build 10000million factories, but u no raw material, no use also...

LaoTzeAhSir

1,304 posts

Posted by LaoTzeAhSir > 2020-12-27 20:44 | Report Abuse

stockraider, the moment you're comparing masks and gloves. you should be automatically ignored forever due to your low iq and malfunctioned brain

LossAversion

1,707 posts

Posted by LossAversion > 2020-12-27 20:46 | Report Abuse

Irritant Stockraider, please go elsewhere to preach your nonsense

Keyman188

5,968 posts

Posted by Keyman188 > 2020-12-27 21:50 | Report Abuse

Global glove importers rethink relationship with Malaysian manufacturer

(December 27, 2020 7:30 AM)

PETALING JAYA: Two key global glove importers are re-evaluating their relationship with a Malaysian glove manufacturer after government raids uncovered abysmal foreign worker accommodations at two of its subsidiaries.

Kimberly-Clark, the American personal care giant behind household brands such as Kleenex, Scott and Huggies, told FMT it was “evaluating the matter” when asked whether it would continue to source from the company.

Meanwhile, Ansell, an Australian safety and personal protection firm which supplies the UK’s National Health Service, said it was planning to meet the company’s managing director “as quickly as possible” to decide on the consequences of this “unacceptable situation”.

A multi-agency operation at one of the factories on Monday found 781 workers living behind the building in two blocks of shipping containers stacked three storeys high. A separate raid on its sister company on Thursday found workers crammed into two warehouses at either end of a pathway filled with mountains of garbage and factory waste.

“We were shocked to see such living conditions (in the first factory), which are absolutely unacceptable,” said an Ansell spokesperson.

“Based on the photos and video included in the media reports, it is evident that the living conditions provided for some workers at the site are unacceptable and are a violation of Ansell’s ethical labour standards, human rights statement and supplier code of conduct.”

The company also said it was in contact with other suppliers to determine alternatives and ensure it continued to meet the increased global demand for personal protective equipment during the Covid-19 pandemic.

Insisting it was “absolutely not” aware of the living conditions at the first factory, Ansell said a third party audit ordered by the company in May 2019 did not reveal the foreign workers’ dismal living conditions.

“We are investigating why,” it said.

Kimberly-Clark’s spokesperson, meanwhile, said it was concerned by the recent reports and was committed to ensuring that its employees around the world – including those of its suppliers – were treated with respect, with workplace and human rights standards met at all times.

“Through our processes to hold suppliers to high standards of safety, quality and compliance, we have identified some improvement opportunities and will continue to work with (the company) as we would with any supplier to enable meaningful improvements.

“Importantly, we also know that through continued engagement, there is a greater chance of affecting positive outcomes in this regard.”

This is not the first time either of the companies have had to take a closer look at the Malaysian glove manufacturers which they source from.

Ansell – which supplies to hospitals, care homes, local authorities and the private sector – also sources from Top Glove, the world’s largest glove manufacturer.

In 2018, Ansell was forced to investigate allegations that Top Glove was exploiting workers after an ABC News investigation revealed issues such as excessive overtime and costly recruitment fees among its foreign workers.

It is understood that Ansell still sources gloves from Top Glove.


US import ban

In July, two of Top Glove’s subsidiaries were placed on a list of restricted imports into the US by the US Customs and Border Protection (CBP) due to alleged forced labour issues.

This came after another Malaysian glove maker, WRP Asia Pacific, was slapped with the same withhold release order on its exports to the US in September 2019 after charges that its gloves were produced with forced labour.

The ban was lifted in March based on information obtained by the CBP showing that the company was no longer producing its rubber gloves under forced labour conditions.

For both Top Glove and WRP, the issue at hand was the exorbitant recruitment fees its foreign workers had to pay to secure jobs at the companies – pushing them into debt bondage, one of the 11 indicators of forced labour according to the International Labour Organization (ILO).

Among the other indicators were poor living conditions, placing the glove company supplying Kimberly-Clark and Ansell at risk of seeing their imports to several US companies being put on hold.

While a CBP representative was unable to disclose whether it was investigating specific entities, he told FMT that the CBP would continue to investigate credible allegations of forced labour in US supply chains and would prevent goods made by forced labour from entering US commerce.

“There are reputational, financial and legal risks associated with importing goods made by forced labour into the US,” said the CBP spokesperson.

“US importers have a responsibility to exercise reasonable care and to ensure that their supply chains are free of forced labour. CBP will not tolerate forced labour in US supply chains.”

Posted by proacez2000 > 2020-12-28 10:37 | Report Abuse

change to AEM...stock grossly oversold...very cheap..stohastic oversold...

Erudite

249 posts

Posted by Erudite > 2020-12-28 11:59 | Report Abuse

Hartalega benefit la duh jika switch away from Brightway / LAGlove

Lewis Lee

1,660 posts

Posted by Lewis Lee > 2020-12-28 12:49 | Report Abuse

Harta have been treating their foreign workers in the most humane way, I remember the CEO told the press that their accomodation standard (space per sq ft) is even better than the minimum requirement of international standard !!
They have been building up their good reputation and this is their brilliant management's style (which is the criteria for value investment) !!

Lewis Lee

1,660 posts

Posted by Lewis Lee > 2020-12-28 12:54 | Report Abuse

Think logically this way :-
If a good managed company can treat their workers in a caring humane ways, they could also treat the minority shareholders the same !
If a company have just been exploiting their workers' welfare to maximize their profit margin, they could also treat the minority shareholders like shit !!

Harta 's management rating :- AAA+

Posted by Pgraduate123 > 2020-12-28 14:44 | Report Abuse

Top4 gloves are the slowest limit Down behaviour at bursa... Will wait 3 more months till GS targets
Hartataklega 8.45
TG 3.5
Gostan 2.50
Supermin 1.45
UnComfort 0.67 sen
Luster 0.05 sen
Mah tiu nia sing 0.45

gloveharicut

1,067 posts

Posted by gloveharicut > 2020-12-28 15:11 | Report Abuse

https://klse.i3investor.com/blogs/stock_pick_2021/2020-12-25-story-h1538374211-Stock_Pick_Contest_Year_2021_How_it_works_PLEASE_READ_THIS_POST_SUBMIT_.jsp kawan kawan please submit your stock pick with GLOVEs to show the world the power of GLOVEs

LaoTzeAhSir

1,304 posts

Posted by LaoTzeAhSir > 2020-12-29 10:34 | Report Abuse

institutional shortists should all rot in hell

Posted by noobinvestor98 > 2020-12-29 11:07 | Report Abuse

Rise the least, drop the most

Posted by Pgraduate123 > 2020-12-29 11:10 | Report Abuse

Limit Down a bit faster speed today... Yesterday down bit slow... Long way to go to 8. 45

whenarmada

144 posts

Posted by whenarmada > 2020-12-29 11:46 | Report Abuse

probably a small rebound soon due to hitting the support. but i will not buy. just not yet

stockraider

31,556 posts

Posted by stockraider > 2020-12-29 11:54 | Report Abuse

The end of Gloves bullish goreng story loh!!

Actually The shortage of Glove fallacies lah....!!

U ask yourself this very Important Qustion lah...!!

If really there is a big shortage in Gloves, why Usa being the worse covid19 hit nation, dare to impose import ban on Topgloves leh ??

That means no risk of not getting gloves supply for USA loh!

Posted by emsvsi > Dec 29, 2020 11:43 AM | Report Abuse

1)
The Black Death occurred between 1347-1351 and killed approximately 75-200 million people

The Spanish Flu occurred between 1918-1920 and killed approximately 17-50 million people

- The pandemics ended quicker and with lower deaths

- Both ended naturally without vaccines


2)
The COVID-19 outbreak started in Dec 2019

To date it has infected approximately 80 million with 1.76 million deaths (mortality rate 2%)

- On 11 Jan 20, the SARS-CoV-2 genetic sequence was published

- On 13 Jan 20, just 2 days later, Moderna finalised its COVID-19 vaccine codenamed mRNA-1273

- In Feb 20, the WHO stated it does not expect a vaccine to be available for 18 months. WHO's minimum criterion for COVID-19 vaccine efficacy rate ‘~ 50% point estimate’

- In Mar 20, the WHO declared COVID-19 a pandemic

- In Nov 20, Phase III clinical trial results of mRNA vaccines were released. Efficacy rates - Pfizer-BioNtech 95%; Moderna 94.1% - far exceeding requirements and what was ever thought possible

- In Dec 20, both mRNA vaccines were approved. Mass vaccinations in many parts of the world began

- The mRNA vaccines (and others) took less than 1 year to develop from proof of concept to human trials to approvals – what it takes on average 10 years to achieve

- mRNA vaccines are ground breaking medical technology that has multiple uses outside of the pandemic

All unparalleled feats and a miracle of modern medicine


Total Doses in 2021 (as at 28 Dec 20)

- Pfizer-BioNTech: 1.3 billion doses
- Moderna: 500 million - 1 billion doses
- AstraZeneca: 3 - 4.5 billion doses
- Novavax (1.3bil); Curevac (~400mil); J&J (~1bil)
- Gamaleya Institute Sputnik V (~1.2 bil doses)
- China - Sinopharm (2; ~1bil); Sinovac; Cansino

Total: 9.7 - 11.7 billion doses


The COVID-19 pandemic is over

Mankind has won


Sincerely,
EMSVSI

stockraider

31,556 posts

Posted by stockraider > 2020-12-29 12:17 | Report Abuse

Run B4 EPF run ahead of U loh!

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