Posted by katsul51 > 2021-01-12 13:37 | Report Abuse

My two cents thought of Harta boss buying back would be bumper dividend coming plus the stock is far undervalued .

Posted by LaoTzeAhSir > 2021-01-12 14:26 | Report Abuse

The higher low pattern is forming and proven able to bounce back off every retrace.. RM7 is very likely followed by a trend reversal confirmation instead of just 'technical rebound' by oversold, time frame shall be by this week time if price hold well at around MA200 level. Great sign

Posted by aphrodite > 2021-01-12 14:47 | Report Abuse

I remember someone saying harta is trash, even the director don’t want to buy back.

Where are you now??

Harta is a great company

Posted by ChrisMz > 2021-01-12 14:50 | Report Abuse

harta want to break 200SMA!

Posted by treasurehunt > 2021-01-12 14:52 | Report Abuse

Harta is leading to clear roadblocks for other gloves company.

Posted by noobinvestor98 > 2021-01-12 15:01 | Report Abuse

@Icon8888
Where are you now?

Posted by jamestecs > 2021-01-12 15:01 | Report Abuse

The quarter result is expected to double up and continue up, since the company so nice not increase much it ASP compare other in market. But now it ASP will be catch up. That why so many IB tell it is still undervalue.

Posted by faralenz77 > 2021-01-12 15:07 | Report Abuse

+6%

Posted by treasurehunt > 2021-01-12 15:09 | Report Abuse

Harta liquidity is much lower than Topglove.Therefore, IBs are targeting Harta to fire up the whole sector.

Posted by incomegenerator > 2021-01-12 15:14 | Report Abuse

Yea! don't allow EPF to lend shares to others to short Harta shares! We contribute to you and you make others poorer, how can this be!

Posted by limontea > 2021-01-12 15:20 | Report Abuse

IB Target Price:
(11th Dec 2021 JP Morgan price call SELL TP 8.50, dunno they short finished already or not?)

Date Target Price Price Call IB
11/1/2021 21.00 BUY KENANGA
8/1/2021 18.35 BUY HLG
5/1/2021 25.40 BUY PUBLIC BANK
5/1/2021 21.00 BUY KENANGA
4/1/2021 21.00 BUY KENANGA
16/12/2020 26.22 BUY KENANGA
16/12/2020 19.00 BUY HLG
16/12/2020 15.70 BUY BIMB
15/12/2020 15.40 BUY MalaccaSecurities
15/12/2020 23.80 BUY BIMB
11/12/2020 8.50 SELL JP MORGAN CHASE
2/12/2020 26.22 BUY KENANGA

Posted by koolset > 2021-01-12 15:29 | Report Abuse

https://klse.i3investor.com/blogs/rubberglove_y2023/2021-01-12-story-h1539293952-Hartalega_5168_Chairman_buys_300_000_shares_for_RM3_37m.jsp

Posted by CYCHANG155 > 2021-01-12 15:38 | Report Abuse

all big four except HARTA already exercise bonus issue.... HARTA soon............

Posted by katsul51 > 2021-01-12 15:52 | Report Abuse

t is inevitable that the RSS would restricted in due time because of the MCO and Emergency Order. Lets wait and see.

Posted by WeLoveSarawak > 2021-01-12 15:59 | Report Abuse

among the big-4 Harta seems to be the best in terms of ESG... foreign funds like to talk cock about ESG so they should buy more Harta .. now harta is taking lead to boost the shares for the whole glove fraternity

Posted by Snowpiercer > 2021-01-12 16:01 | Report Abuse

But beware...after foreign workers.....next they will attack on environment....synthetic gloves are non-biodegradable

Posted by treasurehunt > 2021-01-12 16:05 | Report Abuse

Harta will break SMA 200 tomorrow .

Posted by aphrodite > 2021-01-12 16:09 | Report Abuse

Some people will find any excuse to bring gloves down.

If gloves are biodegradable then GG liao loh. Gloves have to have a VERY long shelf life so it can be stocked up, in order to make sure there is always glove in stock for emergencies and epidemics or pandemics.

If gloves had the capacity to biodegrade, it would mean they’re not strong. They need to withstand needles and from any sorts of wear and tear to prevent cross-contamination.

I am sure that down the line, it might be possible, but it’ll take a long time.

—

Snowpiercer But beware...after foreign workers.....next they will attack on environment....synthetic gloves are non-biodegradable
12/01/2021 4:01 P

Posted by faralenz77 > 2021-01-12 16:18 | Report Abuse

+8%

Posted by ravin25 > 2021-01-12 16:18 | Report Abuse

Close rm14 today

Posted by ravin25 > 2021-01-12 16:19 | Report Abuse

Need to push sikit... Hopefully close 14 today

Posted by aiyooo > 2021-01-12 16:19 | Report Abuse

hahahah huat kikikiki

Posted by aiyooo > 2021-01-12 16:20 | Report Abuse

sold all thanks harta harta kikikiki

Posted by Lewis Lee > 2021-01-12 16:21 | Report Abuse

Harta's share price shoot up so fierce and there is only one explanation for that :-
The coming QR must be very very good or bonus issue , huge special dividents will be announced soon !!
Hartalega memanglah HARTA yang LEGA lah !!!

Posted by LaoTzeAhSir > 2021-01-12 16:27 | Report Abuse

powerful... short squeeze?

Posted by smallfellow > 2021-01-12 16:30 | Report Abuse

Short sellers taking a break. Will they be back?? I don't know. Maybe this is a dead cat bounce. Few more weeks to go before December quarter numbers will be announced and this is expected to be good profit numbers so short seller still have a bit of time to shake the tree for a few more fruits to drop and pick them up cheap ready for the rebound.

Posted by WeLoveSarawak > 2021-01-12 16:40 | Report Abuse

EPF has been buying up harta since few weeks back. should be some good news. EPF is the BIGGEST domestic shark

Posted by WeLoveSarawak > 2021-01-12 16:41 | Report Abuse

take note that they purchased a lot of TopGlove shares end of last year. then lend it out for shorting by foreign sharks.. hopefully not the same case with Harta

Posted by aphrodite > 2021-01-12 16:42 | Report Abuse

So early sell meh hahahah. Later buy back, if not shoot up to 16 the heart will pain

Posted by GrowingRich > 2021-01-12 17:16 | Report Abuse

I told y'all guys

Posted by GrowingRich > 2021-01-12 17:17 | Report Abuse

But y'all just wouldn't listen

Posted by GrowingRich > 2021-01-12 17:17 | Report Abuse

Y'all just too stoneheart stubborn

Posted by GrowingRich > 2021-01-12 17:17 | Report Abuse

Glove bull wave 3 coming soon

Posted by GrowingRich > 2021-01-12 17:18 | Report Abuse

Fairly soon

Posted by GrowingRich > 2021-01-12 17:18 | Report Abuse

So don't miss the cheap fare boat & become yet another sore arse sour grape bitterheart non-stop sochai bullshhitting trolling naysaying wacko cracko stuppid morron iddiot dikkhedd later on

Posted by WeLoveSarawak > 2021-01-12 21:57 | Report Abuse

on the way to recover to SWEET SIXTEEN

Posted by Targeted > 2021-01-13 02:27 | Report Abuse

@noobinvestor98 @Icon8888
Where are you now?
12/01/2021 3:01 Pm

>>>>>>>>>>>>>

Hehehehe................... you mean that cheap fake Icon.....

Posted by casanwk > 2021-01-13 10:26 | Report Abuse

Reversal chart pattern?
(2 hr chart)

Posted by Ben Tan > 2021-01-13 10:33 | Report Abuse

My analysis of AmInvest's "analysis":

https://klse.i3investor.com/blogs/bursainvestments/2021-01-13-story-h1539318879-Top_Glove_Serious_Material_Inconsistencies_with_AmInvest_s_Report.jsp

Posted by ChaseBros > 2021-01-13 11:38 | Report Abuse

https://www.theedgemarkets.com/article/gas-malaysia-lowers-average-selling-price-rm2214mmbtu-1q21#:~:text=KUALA%20LUMPUR%20(Jan%2012)%3A,lower%20than%20the%202020%20average

Jan 12 2021 >>> Gas Malaysia lowers average natural gas selling price to RM22.14/MMBtu for 1Q21, which is 34.21% lower than the 2020 average natural gas selling price.

As you know, fuel is the second largest contributor to the glove cost, even higher than the labor cost. So, 34.21% reduction in fuel cost will have a positive contribution to the PAT in coming quarters.

Posted by ChaseBros > 2021-01-13 11:54 | Report Abuse

https://www.theedgemarkets.com/content/morning-call-13120-0

120 billion glove shortage in coming 2 years.

Posted by noobinvestor98 > 2021-01-13 12:08 | Report Abuse

Apparently AmInvest writer didn't graduate from high school. Don't make us laugh la stupxd.

Posted by koolset > 2021-01-13 13:23 | Report Abuse

Hartalega (5168) - Expects Global Shortage of 120b in next 2 years

https://klse.i3investor.com/blogs/rubberglove_y2023/2021-01-13-story-h1539320088-Hartalega_5168_Expects_Global_Shortage_of_120b_in_next_2_years.jsp

Posted by gloveharicut > 2021-01-13 15:06 | Report Abuse

https://klse.i3investor.com/blogs/gloveharicut/2021-01-13-story-h1539320897-JP_Morgan_tells_clients_GLOVEs_ain_t_needed_during_vaccinations.jsp

Posted by ImmortalSoul87 > 2021-01-13 15:09 | Report Abuse

Inari gonna fly soon dont miss the train guys!!!

Posted by Trust > 2021-01-13 15:10 | Report Abuse

Can we trust JP Morgan? Follow this link to see the how JP Morgan being punished by regulators as late sa sept 2020. There maybe truth of them being caught in the short position ..

https://www.corp-research.org/jpmorganchase

Posted by paperplane > 2021-01-13 15:12 | Report Abuse

ppl are voting with real money. To me buying with conviction from major shareholders already give me the comfort and answer. Mr.Kuan is a real businessman

Posted by WeLoveSarawak > 2021-01-13 15:42 | Report Abuse

shorties trying to do their best to short but volume today is so small

Posted by Goldberg > 2021-01-13 15:44 | Report Abuse

https://klse.i3investor.com/blogs/bursainvestments/2021-01-13-story-h1

Who Is the Mysterious Gloves Short Seller?
Author: Ben Tan | Publish date: Wed, 13 Jan 2021, 2:36 PM

Since the beginning of last week, many have wondered who the mysterious short seller of gloves, who has spent a whooping RM1.8 billion shorting Top Glove, Hartalega, Kossan, and Supermax within the past 7 working days of this year, is. We might have just indirectly gotten the answer to that question. This short seller is currently sitting on a pile of paper losses as the market prices of the 4 glove giants have gone up (in some cases significantly up) as compared to the average price at which they have been shorted, mostly last week.

First, if you are unfamiliar with the situation, please quickly go through my earlier posts where I cover it more extensively:

The Big (Gloves) Short

Gloves: The Bad Guy Loses (From Time to Time)

Gloves: Zero Short Positions Closed for the Entire Last Week

Earlier today, two truly curious items were published.

First, AmInvest released an analyst report, full of logical inconsistencies, pegging their target price for Top Glove at RM6.50, for Hartalega at RM12.22, and for Kossan at RM4.56. You can read the report here. You can read my thoughts on AmInvest's report and the inconsistencies presented in it here.

More importantly, the chief "glove bear" - JP Morgan, have released a research note on Monday, according to reports from The Edge (see here). In this note they reconfirm their target prices for Top Glove at RM3.50, Hartalega at RM8.50, and Kossan at RM3.80. These target prices were first released in a reported dated December 11, 2020, according to an article on The Edge (see here). Unfortunately, we do not have the full report, but only the quoted excerpts, so it is hard to comment on how those target prices have been derived. It would be truly appreciated if anyone who may have access to the actual report could share it.

What we can comment on though, is that JP Morgan's asset management department may not have received this report. As of the last reported date (December 31, 2020), JP Morgan's holding of Top Glove stock has actually increased by 4.06% (see here). Note that as of November 30, 2020, their JPMorgan Malaysia Fund portfolio consisted of 9.4% Top Glove stock and 8.1% Hartalega stock (see here). These are their first and third stocks with highest weightage in their portfolio. The prospectus (same source) states that "Investments in, or exposure to, any single entity (other than Government and other public securities) cannot exceed 10% of the Fund’s total net asset value." In other words, JP Morgan owns close to the maximum of Top Glove stock it can own. This might be the first bear investor in the world this could be said for.

So the question that remains unanswered is - are JP Morgan's analysts wrong in their valuations, or are JP Morgan's fund managers wrong to have bought enormous amounts of glove stock and hugely overpriced market valuations?


https://klse.i3investor.com/blogs/bursainvestments/2021-01-13-story-h1

Posted by blackleopard > 2021-01-13 15:49 | Report Abuse

These are the 2 JP M analysts named Jeffrey Ng and YY Cheah who lower TG's TP price in 12/Dec.

Will they allow the doctor/nurse to do vaccination for their beloved family with bare handed.....hohoho

Think wisely