Posted by addyloh > 2021-10-06 09:32 | Report Abuse

IdleMoney, may i know where you get this info ?

Posted by IdleMoney66 > 2021-10-06 09:58 | Report Abuse

https://www.bursamalaysia.com/misc/missftp/sblnt/NetShortPosition20211005.pdf

Posted by Anxious > 2021-10-06 10:53 | Report Abuse

IdleMonkey, how do we use this information?

I also dont understand EPF's transactions, it keeps buying and selling?

Posted by IdleMoney66 > 2021-10-06 11:36 | Report Abuse

At first, you need to go back school and learn how to respect people

Posted by Anxious > 2021-10-06 11:49 | Report Abuse

Sorry if I offended you, Mr IdleMonkey66. No disrespect intended.

I thought were are all here to share information. Without formalities of please and thank yous.

I honestly don't think I had been disrespectful to anyone in my last 12 posts. Just shared my opinion and asked for some.

As such it would be enlightening to know in which way i was disrespectful, so i don't inadvertently repeat myself. Thank you.

Posted by addyloh > 2021-10-06 11:52 | Report Abuse

bro, is Money not Monkey leh..

Posted by Anxious > 2021-10-06 12:05 | Report Abuse

Aiyoh, I'm so sorry. I didnt notice that. A thousand apologies. What a boo boo on my part.

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

Indeed a  Touching Lives co

 https://www.theedgemarkets.com/article/hartalega-employees-laughing-all-way-bank-they-exercise-share-options

With a website facebook specifically designed for its foundation, Yayasan Hartalega. Best ESG, CSR co among the top four with plenty of awards in hand.

Would appreciate inputs from the expertise out there, is this a good company to invest in long term with shareholders laughing all the way to the bank???

Posted by bang_miskin > 2021-10-06 15:42 | Report Abuse

Idlemoney66 is just posting RSS position. The higher the number, the larger the short sell position.
Investors short sells when they anticipate the price to go down. Investors do not own these shares, they borrow shares from the broker, sell now, and buy back at a later date to cover their position. If share price do fall as they predicted, they untung after repaying the broker. Even though many of us do not short sell, a larger position indicates poorer market sentiment.

EPF buy stocks in anticipation of higher prices, and sell stocks to lock in profit. Sometimes on the same day you will see EPF buy and sell from the same counter, just like a day-trader. EPF pays annual dividend based on their investment return.

Posted by bang_miskin > 2021-10-06 15:46 | Report Abuse

Today another neutral day. Price remained around 6 for the past few trading days.

Posted by Anxious > 2021-10-06 15:47 | Report Abuse

Thanks Bang Miskin. Sentiment doesnt look good but there again is buying activity at around RM6.00. I cant read charts yet but does this signal some kind of support level at RM6.00.

Posted by Anxious > 2021-10-06 15:49 | Report Abuse

But it feels so fragile that one jolt to the global markets may see this "support" broken.

Posted by risekita8 > 2021-10-06 21:26 | Report Abuse

Red day. Not neutral

Posted by bang_miskin > Oct 6, 2021 3:46 PM | Report Abuse

Today another neutral day. Price remained around 6 for the past few trading days

Posted by risekita8 > 2021-10-06 22:10 | Report Abuse

EPF did really flip its holding by disposing million of shares.

For me, when EPf is buying,it is not q good signal because they will sell back very immediately

Posted by bang_miskin > 2021-10-06 22:41 | Report Abuse

Yep today red day. Interesting observation regarding EPF purchasing decision. Seem to be accumulating lots of topglove shares.

Hoping for some good news for gloves. Harta price closed around 6 for the past few days.

Posted by JovaneChua > 2021-10-07 01:48 | Report Abuse

Used all my salary and savings to buy at RM 5.99. Ini kalilah. This is the bottom

Posted by IdleMoney66 > 2021-10-07 14:35 | Report Abuse

Tomorrow is dividend payout day :D got my money to buy food hahaha

Posted by IdleMoney66 > 2021-10-07 14:36 | Report Abuse

Net RSS 52,560,306 on 7 Oct

Posted by JovaneChua > 2021-10-07 14:37 | Report Abuse

why buy food? Buy more Hartalega is the more correct choice, but this is my personal choice.

Posted by Foreign_Invest > 2021-10-07 15:09 | Report Abuse

@JovaneChua LOL.. diversify

Posted by bang_miskin > 2021-10-07 15:38 | Report Abuse

today red, had a feeling tomorrow also red.

Posted by JovaneChua > 2021-10-07 15:43 | Report Abuse

when it s already at its bottom, the best way is to all in, not diversify.

Posted by JovaneChua > 2021-10-07 15:44 | Report Abuse

That s the way to get rich, not quick, but safe. As again, it s already at its bottom.

Posted by bang_miskin > 2021-10-07 15:46 | Report Abuse

Even if you believed that glove counter is at the bottom, it is more prudent to buy from several counters topglove, supermax, kossan, etc. not to put all biji in one bakul.

Posted by addyloh > 2021-10-07 15:52 | Report Abuse

How to determine whether it is at its bottom? Although recently the price is around RM6, but last 2 weeks the lowest price was RM5.5...

Posted by Anxious > 2021-10-07 16:22 | Report Abuse

Initially I was thinking of topping up at 6.00 to bring my average price down from 9.00 to 8.50, then when the price dropped to RM5.50 I got cold feet. Thinking of it now, even if I averaged down to RM8.50, I'd still be stuck for some time. However if I doubled down at RM6.00, my average would go down to RM7.50 and a bounce back to those levels once the clouds of uncertainty clears may be more likely. Only if I had a crystal ball.

Posted by bang_miskin > 2021-10-07 16:29 | Report Abuse

Don't worry, when the next QR comes out late October, early November, there will be another chance to top up.

The only reason I am not topping up is because I have too much gloves in my portfolio. Already had 40% in gloves, waiting for opportunities to reduce to 30%.

Posted by Anxious > 2021-10-07 16:38 | Report Abuse

I made the same mistake. In my case a similar percentage of my portfolio is in Harta. Luckily I got out of Supermax and Top Glove with minimal loss but put that money in Harta instead, averaging down. Was blinded by the quarterly profits and all the analyst TPs. The only saving grace is that the raminder of my portfolio is doing ok so I can sit this out. But I doubt it's going back to RM9+ anytime soon. RM7.50 maybe. But too risky to double down. Since I am not selling, will waut and see what happens when next quarterly results come out end Oct/early Nov.

Posted by Bgt 9963 > 2021-10-07 17:03 | Report Abuse

Going nowhere...!

Posted by Anxious > 2021-10-07 17:45 | Report Abuse

Better than the last few weeks when it was consistently going down. the trend seems to suggest there is strong buying activity at this levels where someone is mopping up what little that is being sold?

Good sign? God only knows.

Posted by Anxious > 2021-10-07 17:46 | Report Abuse

Volume very thin isnt it?

Posted by haha1234 > 2021-10-07 22:22 | Report Abuse

tmr, game on flying up to rm6.1++ today already form a solid triangle

Posted by goody99 > 2021-10-08 08:22 | Report Abuse

this piece of news include the production, average selling price, net profit projection for the next 3 years:

https://www.enanyang.my/财经新闻/等均价触30美元关口-手套大客料购买缓跌势

Posted by bang_miskin > 2021-10-08 09:40 | Report Abuse

All the way down, air terjun.

Posted by addyloh > 2021-10-08 09:43 | Report Abuse

the other 3 glove quite stable, only harta is dropping so much

Posted by bang_miskin > 2021-10-08 09:47 | Report Abuse

Transaction volume very low. Retailers dumping but nobody is interested. If there is a few big buyers, price may shoot up. Let's see if there is any activity in the afternoon.

Posted by Anxious > 2021-10-08 09:58 | Report Abuse

Just received dividend payment notification by email. The only consolation.

Posted by bang_miskin > 2021-10-08 10:00 | Report Abuse

There is still a lot of uncertainty with Harta's performance under declining ASP. So the next QR would be crucial when Harta operates at below capacity (covid measures) + shutdown during EMCO. If QR is above market expectation, price may fly. If QR is below expectation, then matilah... floor opened, likely drop below RM5.

Posted by JovaneChua > 2021-10-08 10:08 | Report Abuse

ohh noo, why dropppp

Posted by JovaneChua > 2021-10-08 10:10 | Report Abuse

WHYY

Posted by addyloh > 2021-10-08 10:11 | Report Abuse

wow so fast receive email for dividend, mine probably have to wait for Rakuten email on next week...

Posted by IdleMoney66 > 2021-10-08 11:10 | Report Abuse

Dividend day :D

Posted by Anxious > 2021-10-08 13:41 | Report Abuse

Well if it really goes to below RM5.00, I may need to serious consider doubling down and bring my average price down to RM7.00 which would be a decent recovery price once the uncertainties go away.

This is a solid Company with very good management which makes billions in profit.

If it was above RM5.00 pre pandemic, it would certainly be a bargain below RM5.00 post pandemic.

Whilst I hope that doesnt happen, I am not selling but will be adding if it does.

Hopefully Harta continues to reward its loyal shareholders with decent dividends.

Posted by risekita8 > 2021-10-08 15:20 | Report Abuse

Is it really tomorrow?

Posted by IdleMoney66 > Oct 7, 2021 2:35 PM | Report Abuse

Tomorrow is dividend payout day :D got my money to buy food hahaha

Posted by bang_miskin > 2021-10-08 15:31 | Report Abuse

Today should be the payout day. Mine usually appears in the account 3, 4 days after payout date.

Posted by Ryan83 > 2021-10-08 16:51 | Report Abuse

Hartalega falling down 10 sen today closing 5.89 waiting for upcoming QR result end of this month

Posted by Anxious > 2021-10-08 17:35 | Report Abuse

Today wasnt a good day. Was hoping it stayed above RM6.00. The rest of October should be an interesting month to watch.

Posted by Mr.Sm Invest123 > 2021-10-08 17:35 | Report Abuse

PMBTECH

China's aluminum alloy ingot price faces strong increase

8 Oct 2021 11:40 reported by Jordan Huang

China’s power limited and restricted output policies both pressured the demand for the silicon metal, further caused the raw material prices to increase dramatically, including aluminum alloy ingot.

In the past two months, the metal silicon showed an around 300% increment, which further led the aluminum alloy ingot price to skyrocket.

By some of the sources, the domestic aluminum alloy ingot price in China this September has increased by nearly 20% within a month.

Posted by bang_miskin > 2021-10-08 23:24 | Report Abuse

Pmbtech, Pmbtech
Reminds me of the glove mania back in 2020 when topglove price was approaching RM30 and Harta RM20, it seems like prices could go up forever, but at the back of our mind, we know the pandemic will one day end, and that suddenly occurred when Russia announced their vaksin, then China, then the U.S., glove started to trend downwards very quickly, probably many got burnt. Bang_miskin also kena burnt a little, but sudah take some profit, cannot complain.

Bang_miskin believe one could untung2 besar from Pmbtech, or from SAM or from Genetec. But you have to be careful, a sudden change in sentiments, your investment can go from big paper profit to big paper losses. Bang_miskin's too old and too conservative with money.

Again not a buy/sell call, make your own investment decisions. Bang_miskin just like to lepakking and omong2 kosong.

Posted by observatory > 2021-10-10 19:46 | Report Abuse

Intco Medical nitrile glove production capacity has reached 45 billion per annum, matching/ exceeding Harta's 43-44 billion per annum.

http://irm.cninfo.com.cn/ircs/question/questionDetail?questionId=1000185012022304768

While I believe Harta still leads in cost efficiency and quality, the continuous addition of capacity puts pressure on profit margin.