Posted by bang_miskin > 2021-09-28 10:52 | Report Abuse

up up and away, hope can maintain this momentum.

Posted by sheldon > 2021-09-28 11:08 | Report Abuse

Maybe the shorts covering their position

Posted by Benhobenhobenho > 2021-09-28 11:42 | Report Abuse

The IBs n the so called expert analysts seemed to know glove biz better than the glove bosses. They even know the future of the glove biz that they can predict many years from now, what a joke!!

Posted by bang_miskin > 2021-09-28 11:52 | Report Abuse

sheldon Maybe the shorts covering their position
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Very likely. suddenly all glove counter increase without any important news.

Posted by mhanaS > 2021-09-28 11:53 | Report Abuse

Yup maybe covering their shorts. RM5.84 is back at the normal price if you consider the exd opening price. Then semua cabut.. and on to the next victims!

Posted by solomolo > 2021-09-28 12:13 | Report Abuse

just buy and wait until july 2022...maybe TP prices reach RM25

Posted by bang_miskin > 2021-09-28 12:15 | Report Abuse

If this is really RSS covering their position, then we are not safe. Once this round is over, be prepared for next round of crazy selling.

Posted by Mabel > 2021-09-28 12:18 | Report Abuse

No time for new taxes

The proposed capital gains and windfall taxes would be a concern to investors, given the fragility of the business and investment environment currently following the global pandemic.

Good News for Gloves Investors..All Glove Big 4 climb today..

Posted by dawchok > 2021-09-28 12:48 | Report Abuse

I would think it is the power crunch in China interrupting glove supplies from China and alleviating the over supply situation.

Posted by sheldon > 2021-09-28 13:22 | Report Abuse

bang_miskin If this is really RSS covering their position, then we are not safe. Once this round is over, be prepared for next round of crazy selling.

Then we should punish the shorters by refusing to sell at too low a price. So if their average cost of buyback > the average sale price, it'll turn out as a loss venture.

Posted by rr1688 > 2021-09-28 13:29 | Report Abuse

king of the day...

Posted by bang_miskin > 2021-09-28 14:11 | Report Abuse

dawchok I would think it is the power crunch in China interrupting glove supplies from China and alleviating the over supply situation.
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I thought power crunch only affects the northeastern region of China?

Anyway I looked into it and Reuters mentioned it will affect producer of steel, aluminum and chemical products. No wonder pmetal and pchem also doing well today.

Posted by goody99 > 2021-09-28 15:25 | Report Abuse

good day to sell

Posted by IdleMoney66 > 2021-09-28 15:37 | Report Abuse

50,828,806 RSS on 28 Sept

Posted by risekita8 > 2021-09-28 15:54 | Report Abuse

Harta and Kossan doing good today.

It may close with green

Posted by Foreign_Invest > 2021-09-28 16:03 | Report Abuse

from 5.51 to 6.01

Posted by sheldon > 2021-09-28 16:41 | Report Abuse

tom up or down?

Posted by ckcheng > 2021-09-28 16:45 | Report Abuse

who are buying?

Posted by Bgt 9963 > 2021-09-28 16:48 | Report Abuse

Gloves up ....tech down...

Posted by solomolo > 2021-09-28 17:05 | Report Abuse

today closing 6.060

Posted by Samuelgold > 2021-09-28 17:53 | Report Abuse

Looks like they have collected enough, it’s time to show their real value now

Posted by krish52 > 2021-09-28 17:56 | Report Abuse

wait for tomorrow to see its intended direction going forward.

Posted by Moratorium > 2021-09-28 18:13 | Report Abuse

Nice, if include the incoming dividends, my Harta position is finally positive

Posted by klc9357 > 2021-09-28 18:24 | Report Abuse

Power rationing for 3 months in China could be the reason.

Posted by Pgraduate123 > 2021-09-28 19:13 | Report Abuse

RSS decided its time to buy up...
So no more shorties... Today onwards, history repeats itself.. The start of Glove superbull 2.0

Posted by bang_miskin > 2021-09-28 20:07 | Report Abuse

Pgraduate123 RSS decided its time to buy up...
So no more shorties... Today onwards, history repeats itself.. The start of Glove superbull 2.0
___________________________________________________________________________
I hope so, but to me downward trend is still very strong, hope Harta can continue to go green for another few days.

Posted by solomolo > 2021-09-28 20:22 | Report Abuse

https://hartalega.com.my/investor-relations/financial-information/

Posted by IdleMoney66 > 2021-09-29 09:06 | Report Abuse

51,424,606 RSS on 29 Sept

Posted by bang_miskin > 2021-09-29 09:19 | Report Abuse

Morning glove counter back to red again. Poor sentiment just won't go away. Once price shot up, many retailers cut loss/take profit.

Posted by solomolo > 2021-09-29 09:21 | Report Abuse

global market no good today...just relax n watch the show...haha

Posted by bang_miskin > 2021-09-29 09:38 | Report Abuse

ah okay, wasn't paying attention to the global market. no wonder most major counters fall

Posted by Nepo > 2021-09-29 16:11 | Report Abuse

I believe is the bottom already.
Accumulated some..

Posted by yjasonng2020 > 2021-09-29 16:23 | Report Abuse

bottom price should be 5.4 - 5.5 for Oct 2021.

Posted by bang_miskin > 2021-09-29 16:36 | Report Abuse

bottom depends on Harta next quarterly report. If QR is really bad, bottom will drop like stone.

Posted by dawchok > 2021-09-29 16:45 | Report Abuse

Nepo : I bot some too at 5.5 the other day.

Posted by Nepo > 2021-09-29 17:13 | Report Abuse

Quote:@dawchok I would think it is the power crunch in China interrupting glove supplies from China and alleviating the over supply situation.
28/09/2021 12:48 PM

======
@dawchok, i believe what you said is correct.

Hearsay Chinese govt discourages chinese to set up factories to produce low end margin products and probably gloves production is one of them..thay is why POWER CRUNCH...

Posted by risekita8 > 2021-09-29 17:16 | Report Abuse

Forward? Only for a while, then going down again

Posted by krish52 > Sep 28, 2021 5:56 PM | Report Abuse

wait for tomorrow to see its intended direction going forward.

Posted by Nepo > 2021-09-29 17:20 | Report Abuse

If bad news like set up more factories are discouraged by Chinese govt,..then that is the bottom price of Hartalega..

my assumption only...

Posted by risekita8 > 2021-09-29 17:41 | Report Abuse

Yet still not so good for Harta


bang_miskin
195 posts
Posted by bang_miskin > Sep 29, 2021 4:36 PM | Report Abuse

bottom depends on Harta next quarterly report. If QR is really bad, bottom will drop like stone.

Posted by bang_miskin > 2021-09-29 18:38 | Report Abuse

The power shortage in China should be short term in nature (until March 2022 in some region). Yet this news is quite devastating to Chinese producers in the short run, alleviating some downward pressure on our glove industry. We still are unsure how this news will affect their medium/long run expansion plan, so it pays to be cautious.

Posted by bang_miskin > 2021-09-30 09:55 | Report Abuse

Price shooting up across different counters. Let's end green today.
Bang_miskin is more hopeful now, hopefully less miskin by year end. :)

Posted by Jack King > 2021-09-30 10:24 | Report Abuse

Who is buying?

Posted by John1234 > 2021-09-30 10:43 | Report Abuse

Shorties and technical traders..
===========================================================================
Jack King Who is buying?
30/09/2021 10:24 AM

Posted by IdleMoney66 > 2021-09-30 10:47 | Report Abuse

51,424,606 on 30 Sept

Posted by IdleMoney66 > 2021-09-30 10:48 | Report Abuse

Surprisingly, RSS is not cover their short position. Seem like smart money and fund house are buying prior to RSS cover their short

Posted by IdleMoney66 > 2021-09-30 10:51 | Report Abuse

After few weeks you will see news titled
" China cut power usages, manufacturing suffer and reduce production. Directly benefit to local glove sectors "
" USD is strengthened, Benefit to those exporters " Directly benefit to local glove sectors"
" Klang Valley back to normal, manufacturing operates normally and increase productivity" Directly benefit to local glove sectors "

Posted by IdleMoney66 > 2021-09-30 10:52 | Report Abuse

Of course, besides of glove industry. You still have opt to go for others export industry

Posted by Foreign_Invest > 2021-09-30 10:55 | Report Abuse

elon musk- harta fly to moon..

Posted by solomolo > 2021-09-30 13:10 | Report Abuse

Just buy and wait before election16

Posted by Keyman188 > 2021-09-30 13:37 | Report Abuse

No plans to impose windfall tax on glovemakers, sectors that made extraordinary profits during Covid-19 pandemic, says Tengku Zafrul

(theedgemarkets.com / September 30, 2021 13:26 pm +08)


## https://www.theedgemarkets.com/article/no-plans-impose-windfall-tax-glovemakers-sectors-made-extraordinary-profits-during-covid19



No wonder today up again lahhh...