Posted by Anxious > 2021-11-09 12:45 | Report Abuse

2.5% drop without any good reason. Frustrating to watch the price fluctuate like a yoyo. Good if you are trading I guess.

Posted by ahbah > 2021-11-09 12:48 | Report Abuse

'forced labour' is used to destroy our top class cos. n us.

Posted by Anxious > 2021-11-09 13:06 | Report Abuse

Going Ex on 17th November, that's next week. Let's see if got run up to RM6.00 by then.

Posted by bang_miskin > 2021-11-09 13:24 | Report Abuse

@Anxious Most counters in Bursa went red today. Today's trading is only good for people looking to buy at dip. I was happy to buy some Maybank shares at 8.00, only for it to fall below that.

Given current sentiments, not sure it could run up to RM6.

Posted by Loh Kok Wai W > 2021-11-09 13:38 | Report Abuse

Many small investor "Greedy dividend n Bonus issue "..........collect dividend n bonus issue....but share price drop more........keno tipu....hahaha;still not clever.

Posted by Loh Kok Wai W > 2021-11-09 13:39 | Report Abuse

When Public Bank call buy ....counters...u better Hly n run fast....itu Hantu punya...can't believe.

Posted by NatsukoMishima > 2021-11-09 14:23 | Report Abuse

With China challenges harta will drop below rm 3 !

Posted by stingray_ea > 2021-11-09 14:23 | Report Abuse

let see .... ... let see ....



=========================================

stock: [HARTA]: HARTALEGA HOLDINGS BHD
Nov 2, 2021 4:40 PM | Report Abuse

harta Q ROE (12.82%) and Kossan Q (13.51%) about the same..
expected harta price will sharp drop once value investor full load.

dividend 0.34 is used to reduce selling speed ... Target below rm 5

=====================================

Posted by jolynce > 2021-11-09 14:43 | Report Abuse

our Malaysian stock market is sick.. going into ICU already if this keeps going.. All thanks to our wonderful, efficient and capable govt! So well done!

Posted by Loh Kok Wai W > 2021-11-09 15:02 | Report Abuse

haha.......ICU fully already.....cause covid 19.

Posted by bang_miskin > 2021-11-09 15:15 | Report Abuse

NatsukoMishima With China challenges harta will drop below rm 3 !
______________________________________________________________________
Perhaps so, but the effect goes both ways. If you read Aminvest report:
https://klse.i3investor.com/blogs/AmInvestResearch/2021-11-09-story-h1593748058-Glove_3Q21_Earnings_Wrap.jsp

"Secondly, there is sign that inefficient players have started to make loss. For example, Blue Sail Medical have registered net loss of RMB22.9m in 3Q2021 which we believe is due to the decline in ASP for gloves. Note that Blue Sail Medical is a major China gloves producer with estimated 5% market share of global medical gloves supply. Coupled with the scarcity of power supply in China as winter approach, we expect less competition from China at current low level of ASP at below USD35 per 1,000 pieces of nitrile gloves."

Posted by Bgt 9963 > 2021-11-09 15:24 | Report Abuse

Still down trend !

Posted by Ryan83 > 2021-11-09 16:26 | Report Abuse

Pfizer said Friday that its easy-to-administer Covid-19 pill, used in combination with a widely used HIV drug, cut the risk of hospitalization or death by 89% in high-risk adults who’ve been exposed to the virus.

It’s now the second antiviral pill behind Merck’s to demonstrate strong effectiveness for treating Covid at the first sign of illness. If cleared by regulators, it would likely be a game changer in the ongoing global pandemic fight.

Pfizer CEO Albert Bourla told CNBC the company plans to submit its data to the Food and Drug Administration before Thanksgiving.

“I think this medicine will change the way things are happening right now that will save millions and millions of lives, it has the potential to do it,” Bourla said in an interview on CNBC’s “Squawk Box.” He said the company has “the capacity right now of 500 million pills,” which he said translates to 50 million treatments. “The very high efficacy comes even to us as a surprise, exceeds our most visionary expectations we had for that.”

Posted by apple168 > 2021-11-09 16:43 | Report Abuse

Short9e

Posted by apple168 > 2021-11-09 16:44 | Report Abuse

Dump dump dump…

Posted by NatsukoMishima > 2021-11-09 17:27 | Report Abuse

Warren buffet value investment theory misleading a lot of people lost huge amount of money in glove stocks , a very expensive lesson in stock investment !

Posted by risekita8 > 2021-11-09 17:32 | Report Abuse

Warrent Buffet also will avoid gloves now

Posted by NatsukoMishima > Nov 9, 2021 5:27 PM | Report Abuse

Warren buffet value investment theory misleading a lot of people lost huge amount of money in glove stocks , a very expensive lesson in stock investment !

Posted by Aabbccdd85 > 2021-11-09 20:27 | Report Abuse

https://youtu.be/J2qXR53j2j0

Sri Trang result

Posted by Mini2021 > 2021-11-10 10:12 | Report Abuse

Go go go go RM 4

Posted by vcpmaster123 > 2021-11-10 10:13 | Report Abuse

Everyone is waiting to collect low.. Very good thinking

Posted by Mini2021 > 2021-11-10 10:20 | Report Abuse

Everyone thinking is same that's why many rich man...

Posted by vcpmaster123 > 2021-11-10 10:37 | Report Abuse

Slow and surely harta will drop to rm5

Posted by Calvin882 > 2021-11-10 10:45 | Report Abuse

Don't think possible drop to rm5. Even before covid the price was around 5.

Posted by vcpmaster123 > 2021-11-10 10:47 | Report Abuse

Almost everyone want to collect low at rm5..u think it won't happen?

Posted by Calvin882 > 2021-11-10 10:53 | Report Abuse

Wish and reality is two different thing. I also wish the price will go to rm5 to collect. But looking at the chart seems like a bit far fetch. Unless Harta performs worst than pre-covid in the upcoming qtr.

Posted by Calvin882 > 2021-11-10 11:03 | Report Abuse

But what I have learned is investors/ traders are normally tend to over react. That's why so many stocks are oversold/ overbought. Just follow own judgement.

Posted by roger1138 > 2021-11-10 11:06 | Report Abuse

It is possible. If the US bans Harta gloves then can go down to RM4

Posted by vcpmaster123 > 2021-11-10 11:08 | Report Abuse

Bro the US ban not likely la... Dont be silly please

Posted by vcpmaster123 > 2021-11-10 11:09 | Report Abuse

Don't worry I will find another story...

Posted by Calvin882 > 2021-11-10 11:12 | Report Abuse

Nothing to say if CBP really bans Harta. But based on my research, Harta is not bad in ESG. They got AA rating in MSCI for ESG.

https://www.msci.com/our-solutions/esg-investing/esg-ratings/esg-ratings-corporate-search-tool/issuer/hartalega-holdings-bhd/IID000000002197347

Posted by Calvin882 > 2021-11-10 11:14 | Report Abuse

You guys can refer to MSCI to make your due-diligence on company's ESG performance. Quite many of our listed companies are rated by them.

Posted by stingray_ea > 2021-11-10 11:18 | Report Abuse

all buyer chased on dividend 0.34 cent got trapped 5.96-5.60= 36 cent.
Profit locked buy RSS ....

countdown 60 cent to break below rm5 .....

Posted by stingray_ea > 2021-11-10 11:24 | Report Abuse

locked value investor first ...Next bottom fishing buyer .. ... long term investor .
Operator love these pola bear most ...

Posted by stingray_ea > 2021-11-10 11:29 | Report Abuse

glove counter anytime free fall ...lack of fresh fund to bet for double digits, triple digits grow in forecast FA ratios

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

sell on pullback ...

Posted by newbie8080 > 2021-11-10 11:36 | Report Abuse

@stingray_ea

It's just a period of consolidation for next few months till all the earnings and ASP are normalised.

Long term fundamentals remain unchanged post pandemic.

Glove currently has no replacement and much needed in many sectors.

Posted by stingray_ea > 2021-11-10 12:21 | Report Abuse

@newbie8080,

long term investor is operator like most. Their share deposit box

Posted by looiting > 2021-11-10 13:02 | Report Abuse

Just continue to average down

Posted by Cerubic > 2021-11-10 13:23 | Report Abuse

"Polar bear, greedy, not clever investors" are part of the risk takers who invest their hard earned money hopefully to get some returns bonus dividend. Investors are all intelligent enough to maneuvre their investment day in day out. Up and down of the share price are not within our control but the main point here Harta is a fundamentally strong company. We just hope the management will be able to ensure us the shareholders that they are worth our investment in long term, grounded in values (their new motto) and not 6ft down underground

Posted by Anxious > 2021-11-10 13:44 | Report Abuse

Cerubic, you are absolutely right.

Share price beyond control of retail investors like us.

I am pretty much resigned to the fact that I am stuck with Harta for the next 2 to 3 years.

I am not selling at these prices although in the short term it may fall somemore.

Harta will most probably continue to make profits and pay dividends during that period.

Based on my average price of RM9.00, and based on the best available FD rate of 2.50%, as long as I get above 22.5 sen per annum, it will be more than FD rates.

I may average down somemore if it hits RM5.00 or less but I am doing nothing for now.

Of course in the short term it may even test RM5.00, particularly if there continues to be no interest from institutional investors in the coming months or if Dow Jones gets a 10% to 20% correction which will likely spill over to Bursa too.

There is a lot that can happen to push the price downwards in the short term.

We only need a 10% drop in Harta to bring it to RM5.00.

But in the long term , say 2 to 3 years, RM7.00 to RM8.00 is still possible.

barring another pandemic of sorts, I doubt we will see RM9.00 again, so for me averaging down when I have spare cash may be the only option whilst I wait for the clouds to clear and institutional investors return.

Posted by Cerubic > 2021-11-10 14:06 | Report Abuse

Anxious, good for you. I believe everybody have their own way of investing their hard earned money within their limit, wise enough to make the right decision to buy and sell when the right time come. Like jolynce and bang miskin said we win some and we may lose some, it is investment with risk afterall. Rome wasn't built in a day...you may recoup back your losses in times to come.

Posted by Anxious > 2021-11-10 14:20 | Report Abuse

yes, hopefully.

Posted by jolynce > 2021-11-10 16:09 | Report Abuse

@Anxious, 0.352/9.00= 3.91% dividend yield for this quarter alone. That's definitely higher than the best available FD rate. Harta is loaded with cash, over RM5B cash (I stated RM3B wrongly last time), so we hope to continue receiving more handsome dividends in the coming quarters. The dividend that you receive will also help bring down your cost: 9.00-0.352= 8.65 will be your new average cost after ex-date. For me, I've bought more Harta these past two days... I'm getting more than 6% dividend yield buying at this price. I look forward to a generous birthday present this year, since the dividend will be paid out on my birth date! hehe!

Anxious Cerubic, you are absolutely right.

Share price beyond control of retail investors like us.

I am pretty much resigned to the fact that I am stuck with Harta for the next 2 to 3 years.

I am not selling at these prices although in the short term it may fall somemore.

Harta will most probably continue to make profits and pay dividends during that period.

Based on my average price of RM9.00, and based on the best available FD rate of 2.50%, as long as I get above 22.5 sen per annum, it will be more than FD rates.

I may average down somemore if it hits RM5.00 or less but I am doing nothing for now.

Of course in the short term it may even test RM5.00, particularly if there continues to be no interest from institutional investors in the coming months or if Dow Jones gets a 10% to 20% correction which will likely spill over to Bursa too.

There is a lot that can happen to push the price downwards in the short term.

We only need a 10% drop in Harta to bring it to RM5.00.

But in the long term , say 2 to 3 years, RM7.00 to RM8.00 is still possible.

barring another pandemic of sorts, I doubt we will see RM9.00 again, so for me averaging down when I have spare cash may be the only option whilst I wait for the clouds to clear and institutional investors return.
10/11/2021 1:44 PM

Posted by sheldon > 2021-11-10 16:10 | Report Abuse

Kudos to the management!

The best strategy for this co whose share price is tanking is to reward the shareholders by squeezing as much dividends as possible.

This will be a great compensation for shareholders who are suffering a massive capital loss.

Posted by Anxious > 2021-11-10 17:56 | Report Abuse

The lessons I've learnt from investing in Harta, I will remember a lifetime.

But no regrets.

I am happy to have made the acquaintances of all of you here. The support helps ease the pain of paper losses.

Jolynce, I may also use the dividend I earn to reinvest into Harta if it goes below RM5.00.

Posted by EarnAmeal > 2021-11-10 18:15 | Report Abuse

so it means 'cabut' when your average price is hit? Why sounds like a long time investor to me.

Posted by Mini2021 > 2021-11-10 19:07 | Report Abuse

RUNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN

Posted by everest29029 > 2021-11-10 20:25 | Report Abuse

@Calvin882 Supermax is rated AA in MSCI too. Yet they r banned by CBP...What can I say


https://www.msci.com/our-solutions/esg-investing/esg-ratings/esg-ratings-corporate-search-tool/issuer/supermax-corporation-berhad/IID000000002185348

Posted by bang_miskin > 2021-11-10 22:49 | Report Abuse

Bang_miskin is busy with work today takde masa nak main saham.

@Anxious Sometimes I also doubt myself on whether I am making the right decision. Every time I doubt myself. I remind myself that I always have the choice to either cut loss right now and exit, or wait it out and buy it whenever price falls to new low. I always end up with the latter option every time (well occasionally I trade when price move in my favour).

Why? Because all the evidence I have to this point tells me that Harta is an undervalued company. While they may not be the most bang for the buck (e.g. Kossan has a better return) they are (1) in a strong fiscal position (so does all glove counters), (2) they have a good reputation of managing the company, and (3) increased health awareness due to the pandemic sustain glove demand into the near future, coupled with (4) poor glove and market sentiments (thanks cukai Makmur), prices are at a bargain. To me, investing in a glove counter right now is probably the best long-term investment decision I could think of right now (Calvin Teng disagrees with me, he is banking on plantation). Most people think I am a crazy since prices are currently spiraling downwards.

Of course there is always the possibility that I am wrong (I am wrong plenty of time, that's why I'm still miskin). Maybe glove counter is a poor long term investment, who knows. But if I can read the future that well, I should've bought bitcoins when they are below RM100 a piece a decade ago.

Posted by looiting > 2021-11-10 23:27 | Report Abuse

When Harta was at RM20 , it was risky to invest. Don't buy at RM20. Right now, it's at RM5.67 , it is less risky now. If you say don't buy now, so, I am wondering how you should invest