Posted by gloveharicut > 2021-03-08 11:33 | Report Abuse

Negative GLOVE news to fade: Affin Hwang
https://klse.i3investor.com/blogs/gloveharicut/2021-03-08-story-h1542066561-Negative_GLOVE_news_to_fade_Affin_Hwang.jsp

Posted by Keyman188 > 2021-03-09 13:36 | Report Abuse

Ooh No...Topgl8ve below average consensus of 3.0 billion profit...

Which mean indicating already peak for profit consensus...

Foresee heavily selling pressure continues...

Posted by Keith Han > 2021-03-09 14:05 | Report Abuse

actually peak anot should depends on asp will cont increase coming month anot. Normally boss will tell during conference.

Posted by gloveharicut > 2021-03-09 16:58 | Report Abuse

GLOVEs buoyed by Top Glove's strong 2Q performance
https://klse.i3investor.com/blogs/gloveharicut/2021-03-09-story-h1542095204-GLOVEs_buoyed_by_Top_Glove_s_strong_2Q_performance.jsp

Posted by nasri > 2021-03-09 17:50 | Report Abuse

harta when bonus

Posted by Mabel > 2021-03-09 21:26 | Report Abuse

In 2020, export revenue from the rubber gloves industry jumped 103% year-on-year to hit RM35.3bil, according to MRC.

To put that into context, this translated into 86.2% of the total export revenue of RM40.96bil of the Malaysian rubber products sector in 2020, which had jumped 75.6% year-on-year to exceed RM40bil for the first time.

According to MRC, the overall rubber products industry contributed almost 5% to national exports in 2020.

The MIDF Research report says Malaysia supplies about 65% of the world’s rubber gloves, which means collectively, Malaysian glove companies have market leader advantages.

The United States was the biggest recipient of Malaysia’s rubber gloves, with one third (33.9%) of exports in 2020.

Other key markets were Germany (6.3%), Japan (5.8%), the UK (5.5%) and China (4.7%).

Posted by uemcapital > 2021-03-10 10:42 | Report Abuse

Stay strong harta. Still under favorite all time

Posted by katsul51 > 2021-03-10 11:36 | Report Abuse

Today Hartalega NSM Sdn Bhd sign agreement with Northen Gateway Free Zone Sdn Bhd (owned by MOF) to purchase land at Northern Gateway Free Trade zone or Kota Perdana Special Border Economic zone

Posted by sheldon > 2021-03-10 14:21 | Report Abuse

Northern Gateway purchase - Is this a case of the govt arm-twisting the more fortunate private sector for more cash?

Posted by LossAversion > 2021-03-10 14:23 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/03/10/hartalega-buys-kedah-land-for-rm228m-to-build-factories

Posted by Rahmat_Daud086 > 2021-03-10 22:53 | Report Abuse

MBB takes revenge on TG bcos Tan Sri Lim said TG will overtake MBB in market capitalization.If include SGX & soon HKX listing, TG will overtake MBB who is now jealous. Somemore, Tan Sri said TG will be Fortune 500 company.

Posted by DreamConqueror > 2021-03-11 00:17 | Report Abuse

Hartalega to invest RM7 billion on building 16 new glove factories in northern region

https://www.theedgemarkets.com/content/evening-5-hartalega-spend-rm7bil-new-plants

Posted by mariam > 2021-03-11 08:54 | Report Abuse

look hard close above 10

Posted by goody99 > 2021-03-11 11:31 | Report Abuse

China Expanding at Breakneck Speed

I read the report about Top Glove and notice China companies are expanding their capacities at a faster rate...

https://klse.i3investor.com/blogs/kltrader/2021-03-10-story-h1542120193-Top_Glove_ASP_to_Decline_From_Here_Target_Price_Lowered_by_44.jsp

Posted by goody99 > 2021-03-11 11:31 | Report Abuse

China Expanding at Breakneck Speed

I read the report about Top Glove and notice China companies are expanding their capacities at a faster rate...

https://klse.i3investor.com/blogs/kltrader/2021-03-10-story-h1542120193-Top_Glove_ASP_to_Decline_From_Here_Target_Price_Lowered_by_44.jsp

Posted by thor85 > 2021-03-11 17:02 | Report Abuse

Harta gloves quality is the most superior among ALL gloves stock. China gloves quality is just low class.

Posted by Keyman188 > 2021-03-12 08:23 | Report Abuse

Biden will direct states to make all adults eligible for Covid vaccine by May 1

(PUBLISHED THU, MAR 11 20216:30 PM ESTUPDATED THU, MAR 11 20216:51 PM EST)

~ President Joe Biden is set to announce that he will direct states to make all adults eligible for the Covid vaccines by May 1.

~ Biden in his first primetime address to the nation is also expected to say that Americans should be able to gather in small groups to celebrate the Fourth of July.

~ The speech comes hours after Biden signed into law the $1.9 trillion Covid relief bill, which he had strongly pushed during his first 50 days in office.

WASHINGTON – President Joe Biden is set to announce Thursday evening that he will direct states to make all adults eligible for the Covid vaccines by May 1.



## https://www.cnbc.com/2021/03/11/covid-vaccine-biden-will-direct-states-to-make-all-adults-eligible-by-may-1.html

Posted by Snowpiercer > 2021-03-12 10:35 | Report Abuse

they do some national service to buy the land in the north but i hope they are not silly enough to expand capacity.........

Posted by laosai_glove > 2021-03-12 16:52 |

Post removed.Why?

Posted by Gaussian > 2021-03-12 21:52 | Report Abuse

Keep buying

Posted by yingzhe17 > 2021-03-12 22:46 | Report Abuse

Sepang factory waste of money
So many new comers
Mah sing building one big there soon

Posted by yingzhe17 > 2021-03-12 22:47 | Report Abuse

Short 4 days in a week

Posted by hazli > 2021-03-12 23:07 | Report Abuse

KUALA LUMPUR (March 11): Investment analysts are positive on Hartalega Holdings Bhd's RM7 billion expansion plan in the long term. However, some of them have trimmed their target price (TP) for the world's largest nitrile glove maker as they see the sentiment has turned cautious on the sector.
Rapid capacity expansion in China, let alone those in Malaysia, meeting with an anticipated drop in demand following the faster-than-expected roll-out of vaccination globally, has prompted analysts to start cutting their hefty premium to the valuation of glove counters.
Kenanga Research analyst Raymond Choo said in a note today he is positive on Hartalega’s Bukit Kayu Hitam land acquisition which reaffirms its commitment towards long-term future expansion growth as well as capitalising on post-Covid-19 demand growth, estimated at 15% to 20% per annum.
While maintaining his "outperform" call on the stock, Choo trimmed his TP for Hartalega to RM17 from RM21, based on 17 times 2022 estimated earnings per share (EPS), due to the industry’s reduced lead time and diminishing sentiment on the sector.
Hartalega announced yesterday the acquisition of land in Bukit Kayu Hitam from Northern Gateway Free Zone Sdn Bhd for RM228.7 million (RM21 per sq ft).
It will be investing RM7 billion to build 16 new glove factories in Malaysia's northern region over the next 20 years.
TA Securities analyst Tan Kong Jin is also positive on the acquisition, deeming the buying price as reasonable based on property listings in the vicinity from property portals.
However, he reduced his FY21 earnings estimate for the group by 14.8% after lowering his sales volume assumption by 9% as production in the fourth quarter ending March 31, 2021 (4QFY21) is expected to drop due to Covid-19 cases at its plants.
We roll forward our valuation base year to FY23 to factor in a more normalised average selling price (ASP). Our TP is lowered to RM17.12 per share (previously RM23.60 per share) based on 26 times FY23 EPS,” Tan said while maintaining his "buy" call on the stock.
Meanwhile, AmInvestment Bank Research also lowered its TP for Hartalega to RM11.20, from RM13.56, reflecting a neutral environmental, social and governance (ESG) rating of three stars as the local research house maintained its "hold" call on the stock.
Our valuation is based on 25 times 2022 forecast EPS, which is at a 1 SD (standard deviation) discount on the five-year historical average. This is in view of the faster-than-expected roll-out of global vaccination as well as rapid capacity expansion by Chinese glove manufacturers,” it said.
It also reduced its FY21, FY22 and FY23 earnings estimates by 0.4%, 0.4% and 1.1% respectively to account for higher finance cost resulting from the land acquisition announced yesterday.
Contributions from the new expansion plan are only expected to come in from FY24, it said

Posted by yingzhe17 > 2021-03-14 10:34 | Report Abuse

Harta Let go

Posted by greedy44444 > 2021-03-14 12:47 | Report Abuse

New wave coming soon...beware !

https://www.cnn.com/2021/03/13/europe/italy-coronavirus-national-lockdown-intl/index.html

Posted by stockraider > 2021-03-14 13:36 | Report Abuse

Lu pakai otak mah...!!

Insas is not only tech, it is a very deep margin of safety stock loh!

Remember INSAS IS BOTH TECH GROWTH STOCK & VERY STRONG MARGIN OF SAFETY STOCK MAH....!!

INSAS HAS THE BENEFIT OF BOTH WORLD LOH!

THUS INSAS VERY SAFE MAH...!!

JUST PAKAI OTAK THINK LAH...!!

Yes inari is a growth company in technology sector something like gloves company in health sector loh...!!

Insas is a wealth creation company holding rm 2 billion worth of inari share compare to insas mkt cap of only rm 603m mah...!!

Do u notice of INSAS huge margin of safety or not leh ??

So if u invest in insas, u have both huge margin of safety of insas & huge earnings growth thru inari mah...!!

Remember if u hold 1000 shares of insas is equivalent u hold 840 shares of inari mah!

Lu tau boh ??

When come to recovery play insas will be the best mah...!!

Its Nta is rm 2.83 per share loh!

Its intrinsic value when inclusive of inari mark to market gain exceed rm 5.00 per share mah...!!

Insas has a net cash exceeding Rm 0.90 per share woh!

When comes to earnings based on half year result insas profits is already rm 148m or eps 22.2 sen loh!

It is anticipated insas can hit eps of 40 sen per share giving pe of 2.1x mah!!

Thus insas is a stock which have both strong earnings of eps of 40 sen & back up with strong intrinsic share value of exceeding Rm 5.00 per share compare with the huge discounted share price of rm 0.875 per share loh!

Thus INSAS IS A SCREAMING BUY loh which u should not missed mah!

if u invest in insas u will be very confident & sleep soundly bcos u have both margin of safety, growth, dividend yield and positive cashflow mah...!!

JUST jump in b4 too late loh!


posted by emsvsi > Mar 14, 2021 1:27 PM | Report Abuse

This monkey stockraider reminds of me the frog under the coconut husk. If you haven't noticed Tech is already on a downtrend, not even 'going to'. Your Insas has missed the uptrend where it's share price did not move whatsoever even as Inari went up. And your cash in Insas is useless since you can see it but you will never be able to touch and it will never be shared with you. Insas' pittance of a dividend says everything. Please save yourself some dignity and do not equate Berkshire with the value trap and vastly inferior Insas - Berkshire returns profits to shareholders via a massive share buyback program (dividends are not the only way to reward shareholders). Insas on the other hand announced a rights issue ha ha ha

Insas is a value trap (and has been since ages and which looks set to continue since there has been zero changes to Management) where the opportunity costs would mean you are unable to earn any returns and where your money sits idle while Genting keeps on growing and rewards it's shareholders with dividends, even during bad times

It's clear to everyone which is vastly superior

Gaming is forever and eternal and Genting will once again show it's enduring quality in 2021, the Year of the Ox, the Year if the Super Bull

Posted by greedy44444 > 2021-03-14 13:43 | Report Abuse

Without the old wolf around, the share prices of all glove counters going to move up again...buyyyy !!!

Posted by CynicalCyan > 2021-03-14 17:24 | Report Abuse

Whether this is your HARTA karun or not depends on:

1. You want to hold many years & win?
2. Or cut-loss now & lose?

Posted by gloveharicut > 2021-03-15 15:31 | Report Abuse

GLOVEs revenue to grow 8% to RM38b this year, says MARGMA
https://klse.i3investor.com/blogs/gloveharicut/2021-03-15-story-h1542185694-GLOVEs_revenue_to_grow_8_to_RM38b_this_year_says_MARGMA.jsp

Posted by Supermax2020 > 2021-03-15 20:06 |

Post removed.Why?

Posted by jamestecs > 2021-03-16 10:57 | Report Abuse

Low transact volume very good sign, no more goreng kaki because the more you goreng the more get burn, RSS will kick you out. Let it be heathy trend, time will tell the real value. Now invest in gloves can sleep very well.

Posted by uemcapital > 2021-03-16 12:20 | Report Abuse

slightly down abit, what is the fair price u guys think to best enter or average down on current trend ?

Posted by yingzhe17 > 2021-03-16 13:55 | Report Abuse

Short wins

Posted by ruby20 > 2021-03-17 01:59 |

Post removed.Why?

Posted by strawberrymelts > 2021-03-17 11:26 | Report Abuse

yup i would like to know too whats the best price to average down?

Posted by nono_hardi > 2021-03-17 11:29 | Report Abuse

In my opinion and advise...it is a pre-trending down stock.
first touch at 9.24 +-, then apprx return back to 9.8, then push down.

Posted by strawberrymelts > 2021-03-17 11:37 | Report Abuse

oh so might wait till below then..

Posted by yjasonng2020 > 2021-03-17 14:43 | Report Abuse

Retailers continue throw and cut loss....

Posted by yjasonng2020 > 2021-03-17 14:43 | Report Abuse

RSS army is effortless waiting ...

Posted by NoPowerAtAll > 2021-03-17 17:01 | Report Abuse

RM19??? brain got problem? now rm10 also hard


Date Price Target Source News
11/03/2021 19.00 PUBLIC BANK

Posted by dickson2u > 2021-03-17 17:10 | Report Abuse

What is the latest prod line for Harta? this year increase how many?
any investor presentation slide to share

Posted by gemfinder > 2021-03-17 17:14 | Report Abuse

all gloves greenn. tis red?

Posted by NoPowerAtAll > 2021-03-17 17:48 | Report Abuse

This mega sales

Posted by MorningGlory123 > 2021-03-18 14:57 | Report Abuse

Covid-19 pandemic: Italy to shut shops and schools amid infection spike

https://www.bbc.com/news/world-europe-56382608

Outbreak again

Posted by MorningGlory123 > 2021-03-19 21:45 | Report Abuse

Can the US avoid a European-style new wave of coronavirus infections?


US health experts say Europe’s spike in new infections and hospitalizations should be a warning against dropping safeguards early


https://www.theguardian.com/us-news/2021/mar/18/us-coronavirus-europe-lockdown-vaccines

Posted by MorningGlory123 > 2021-03-19 21:45 | Report Abuse

European Zone cases have been spiking, so US shall be next?

Posted by MorningGlory123 > 2021-03-20 09:04 | Report Abuse

Charts show that Europe’s third coronavirus wave has begun

https://www.cnbc.com/2021/03/19/europes-third-coronavirus-wave-has-arrived.html

Posted by MorningGlory123 > 2021-03-20 09:04 | Report Abuse

3rd waive of spiking at European Zone unavoidable now

Posted by Citadel00 > 2021-03-20 09:08 | Report Abuse

ya meh

Posted by gohku > 2021-03-20 09:40 | Report Abuse

I think gloves recovery coming