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 4 hours ago

Posted by STDN237649 > 2021-06-26 22:19 | Report Abuse

Take some time to recover not right time to enter,.Covid19 is repeat of SARs outbreak many got burnt.

Covidcovid

410 posts

Posted by Covidcovid > 2021-06-27 01:02 | Report Abuse

Buy and hold. Delta and winter is coming

jeckcw

55 posts

Posted by jeckcw > 2021-06-27 15:49 | Report Abuse

Dont but now buy it at rm12

observatory

1,059 posts

Posted by observatory > 2021-06-27 20:31 | Report Abuse

@akun, thanks for sharing the summary of Grandview Research on disposable gloves market. I reproduce the link below.
https://www.grandviewresearch.com/industry-analysis/disposable-gloves-market

I note different organizations give very different projections. Grandview Research projects that the disposable gloves market, consisting mainly of natural rubber, nitrile, vinyl and a few other types of gloves, has a market size of US$10.17 billion in 2020. It is forecasted to grow to US$14.87 billion by 2028. The CAGR is 9.2%.

The first thing I note is the growth of $10.17 billion to $14.87 billion over an 8-year period represents a CAGR of only 4.9% instead of 9.2%. May be the meaning of “market size” is not the same as “revenue”. Still it’s confusing.

Another point is recently MARGMA President MARGMA president Dr Supramaniam Shanmugam said ““Post pandemic, we think, demand for gloves will still grow more than pre-Covid-19 rates, with an estimated annual growth of between 12% and 15%, compared with an annual growth of 8% to 10% before Covid-19.”.

https://www.theedgemarkets.com/article/margma-says-glove-demand-expected-continue-being-robust-until-2q2022

In other words, MARGMA is more bullish than Grandview by projecting 12% to 15% growth even after the pandemic. Grandview only projects 9.2% from 2020 to 2028, which cover both pandemic (higher growth) and post pandemic (lower growth) period.

It’s unclear to me how credible is Grandview Research. However, MARGMA could also be biased given its close tie with the industry.

Nonetheless, it’s beneficial to read a diverse range of opinions out there. Thanks for the sharing.

observatory

1,059 posts

Posted by observatory > 2021-06-27 20:45 | Report Abuse

A more bullish industry growth forecast can be found on Page 89 of Top Glove Hong Kong listing document
https://www1.hkexnews.hk/app/sehk/2021/103230/documents/sehk21022601984.pdf

Frost & Sullivan says “It is expected that the sales volume and revenue of the glove industry will reach 1,285.1 billion pieces and US$24,900.4 million in 2025, representing CAGRs of 15.9% and 19.1%, respectively, from 2019 to 2025.”

To summarize, we have
1. Grandview Research that projects 9.2% CAGR from 2020 to 2028
2. MARGMA that projects 12% t0 15% annual growth after the pandemic
3. Frost and Sullivan that projects 19.1% CAGR from 2019 to 2025.

Posted by NatsukoMishima > 2021-06-27 22:56 | Report Abuse

Pfizer oral pill n China spray aerosol vaccine coming in the end of year , just spray inhale can prevent from severe systoms ! Good news to mankind !

Posted by NatsukoMishima > 2021-06-28 09:27 | Report Abuse

Welcome to the 5 year lowest point soon !

GooShen

5,400 posts

Posted by GooShen > 2021-06-28 09:30 | Report Abuse

Below 7 only see lar
Now still high
Let it drop more

zanbini

383 posts

Posted by zanbini > 2021-06-28 11:34 |

Post removed.Why?

CharlesT

14,640 posts

Posted by CharlesT > 2021-06-28 13:27 | Report Abuse

RM1+ more to go back to pre Covid 19 level of RM5+ to Rm6+

Dont scare me ah

bang_miskin

1,059 posts

Posted by bang_miskin > 2021-06-28 15:59 | Report Abuse

Cannot believe Harta can drop so much and continue to drop with no sign of reversal.
Will top up when Harta really touch RM6.
At 7.3 now top up feels like throwing money down the drain.

Posted by NatsukoMishima > 2021-06-28 17:12 | Report Abuse

Better wait 5 year lowest point only buy in ! Bankers like it !

Posted by Pgraduate123 > 2021-06-28 22:34 | Report Abuse

Bangmiskin, you enter at 6...
Then 5 something how..? But 5.80, then 5.40 how.. Hoot9e at 4.99 then 4. 68 how
Ave 4.50 then 4. 25 how?????

brian3381

1,888 posts

Posted by brian3381 > 2021-06-28 22:41 |

Post removed.Why?

SmartM

15 posts

Posted by SmartM > 2021-06-29 01:01 | Report Abuse

https://www.facebook.com/101072062243997/posts/101091622242041/

Other country rebounding

bang_miskin

1,059 posts

Posted by bang_miskin > 2021-06-29 10:04 | Report Abuse

How, then become more miskin lah!
Already top up few days ago. If price really 4.25 then I all in lah. Price rebound, sell some, take profit.

Pgraduate123 Bangmiskin, you enter at 6...
Then 5 something how..? But 5.80, then 5.40 how.. Hoot9e at 4.99 then 4. 68 how
Ave 4.50 then 4. 25 how?????

LossAversion

1,707 posts

Posted by LossAversion > 2021-06-29 10:04 | Report Abuse

Hartalega becoming Hartaless

Posted by vcpmaster123 > 2021-06-29 15:16 | Report Abuse

Looks like short squeeze is happening... Dont throw your ticket retailers...let the IB die

ViWizard

780 posts

Posted by ViWizard > 2021-06-29 16:46 | Report Abuse

gogogo harta

hondacrv

51 posts

Posted by hondacrv > 2021-06-29 20:52 | Report Abuse

https://getusppe.org/data/

ToneeFa

2,529 posts

Posted by ToneeFa > 2021-06-29 21:53 | Report Abuse

https://www.change.org/p/pelabur-runcit-bursa-malaysia-mohon-tengku-zafrul-memberhentikan-restricted-short-selling-rss-seperti-march20?signed=true

Glove supporters, quickly get more support for this petition. Once Bursa decides to suspend RSS, we will see a gap up immediately.

kakashi

2,943 posts

Posted by kakashi > 2021-06-30 00:53 | Report Abuse

Bought 7.5

Posted by Andyipman > 2021-06-30 10:11 | Report Abuse

Still got cut loss kaki. What the suggestion price to buy in?

siaokar

1,410 posts

Posted by siaokar > 2021-06-30 10:13 | Report Abuse

buy now and keep for next pandemic

Posted by Andyipman > 2021-06-30 10:15 | Report Abuse

Noted wif thanks

Mini2021

1,444 posts

Posted by Mini2021 > 2021-06-30 10:48 | Report Abuse

Cut loss kaki a lot....kikiki everyday cut losss...

Posted by NatsukoMishima > 2021-06-30 14:37 | Report Abuse

狮城预购抗体药物Sotrovimab  用于治疗轻中度新冠患者
(新加坡30日讯)新加坡政府已同制药公司葛兰素史克(GSK)和Vir Biotechnology签订预购协议,购买两家公司共同研发的单克隆抗体药物Sotrovimab。

上述研发公司已在流行病特别采用程序下向新加坡卫生科学局提交批准申请。这款抗体药物适用于无需补充氧气,但病情可能恶化至出现严重症状的轻度和中度新冠病毒患者。

葛兰素史克新加坡医药总监霍恩医生受访时透露,作为一款单克隆抗体药物,Sotrovimab可以直接对抗病毒的感染,无需等待人体免疫系统反应。


“药物通过附著在病毒刺突蛋白质上消灭病毒,也就是阻止病毒进入人体细胞,并清除受感染的细胞。”

她说,变种毒株和二度感染的风险增加,意味全球必须同时关注疫苗和药物治疗,有效的药物对还未接种或不适合接种的确诊病患非常重要,能避免他们出现严重症状或死亡。

Ryan83

1,835 posts

Posted by Ryan83 > 2021-06-30 16:35 | Report Abuse

Hartalega share price breaks below 7.30!!!!!

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-06-30 16:41 |

Post removed.Why?

EarnAmeal

135 posts

Posted by EarnAmeal > 2021-06-30 17:58 | Report Abuse

where is the cat women collecting this valuable stocks? meow meow

witan

774 posts

Posted by witan > 2021-06-30 21:49 | Report Abuse

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 10,000,000 shares on 25-Jun-2021.

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 4,320,000 shares on 22-Jun-2021.

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 5,000,000 shares on 18-Jun-2021.

Anyone know why EPF suddenly selling Harta a lot? I thought EPF is supporting Harta all this while?

Mini2021

1,444 posts

Posted by Mini2021 > 2021-06-30 22:01 | Report Abuse

EPF sell , so ikan bilis panic , then epf buy at lower price ....If 1,000 units shares earn rm 0.5.... 20,000,000 units ...earn RM10 million .....the sell down is cause by epf...

Mini2021

1,444 posts

Posted by Mini2021 > 2021-06-30 22:02 | Report Abuse

Without EPF sell and trigger the process, Harta should be RM 9 above....kikikiki ......who say epf support? epf make you all lose money if not how to give dividend...?

hengtong

69 posts

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

Price dropping from 21.000 to 7.30,i believe 99% people lost money on this counter.

pihou80

5 posts

Posted by pihou80 > 2021-07-01 12:31 | Report Abuse

lost alot aledi

Posted by NatsukoMishima > 2021-07-01 13:19 | Report Abuse

KUALA LUMPUR (July 1): CGS-CIMB Research downgraded the rubber glove sector to "neutral" from "overweight" due to weaker earnings prospects.

In a June 30 note, the research house said the weaker earnings prospects are forecasted to occur through declining average selling prices (ASPs) and aggressive capacity build-up.

Posted by NatsukoMishima > 2021-07-01 13:42 | Report Abuse

Bankers want it at 5 year lowest price !

Dannyfyl88

1,211 posts

Posted by Dannyfyl88 > 2021-07-01 15:03 |

Post removed.Why?

Ryan83

1,835 posts

Posted by Ryan83 > 2021-07-01 16:15 | Report Abuse

Institutional funds are selling down Hartalega shares aggresively will soon break below RM7

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2021-07-01 16:15 | Report Abuse

BODOH KUAN, PLEASE RESIGN

Ryan83

1,835 posts

Posted by Ryan83 > 2021-07-01 16:17 | Report Abuse

Why so angry?U bought Hartalega very high price?

Mini2021

1,444 posts

Posted by Mini2021 > 2021-07-01 16:20 | Report Abuse

EPF got 7%+ Harta , EPF will sell Harta until 5%

Lewis Lee

1,660 posts

Posted by Lewis Lee > 2021-07-01 16:22 | Report Abuse

If Kuan family all resigns, Harta will drop to 1.00 !!

jolynce

547 posts

Posted by jolynce > 2021-07-01 16:22 | Report Abuse

This is so much lower than the lowest TP (8.50) given by any IB. Aiyoyo

somo1

178 posts

Posted by somo1 > 2021-07-01 16:24 | Report Abuse

Yup, EPF have initiated aggressive selling on Harta and Kossan. No wonder, Supermax where EPF have no position in stays steady today. Up attributed to epf, down also because of it, the dynamo of our market!

Lewis Lee

1,660 posts

Posted by Lewis Lee > 2021-07-01 16:25 | Report Abuse

Kuan's family has been rated the best management in Bursa, have faith with them, hold long term on this company, you will be rewarded !!
remember, amongst all glove players, they still the number 1 in terms of profit margin due to thier brilliant cost management with efficient automation. during oversupply situation, they can just cut selling price and let other inefficient players close shop !!

somo1

178 posts

Posted by somo1 > 2021-07-01 16:59 | Report Abuse

Their competitors are not just the local boys though, they're also up against the super efficient and cost effective Chinese glovemaker like Intco.

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