@ Cerubic, I couldn't imagine that Harta could drop to this price. I thought it could above above RM7.00.I first bought Harta during listing inApril, 2007. In early years before the first bonus issue, Harta would declare 4% dividend in each quarter. Still a good investment considering you would have 12 lots for every 1 lot you held since listing which IPO price was RM1.80. I remembered that mine was high around RM1.95. It did come down later to around RM1.30 plus. Now this is a good oppourtunity to grab a world class share unless hospitals no longer using gloves.
Hospital will continues using disposible gloves but unlike 2020 and early 2021 it is now a buyer's market as hospital is spoilt for choice which company they buy the gloves from.
Sorry, for remembered wrongly. I know it was April 07 or 08 n my buddies and I bought during the listing day We even went to their factories in Batang Berjuntai to find out more about their operation.
Harta first IPO was dated back on 2008 and was oversubscribed at that time, you must be way before any of the early bird shareholders of the company purchased the shares on 2007, must be a typing error. Nevertheless, I agreed with you now is the best lowest price to grab the shares...probably more lower in the coming days. For me, at this moment red across the board, I am just sstisfied with my tabung melabur for now, definitely no no on topping up on any shares.
thanks for all the gloves supporters...EPF will declare the best-ever dividends for 2022 by the time they disposed all the gloves stocks.. Overall equities remain the top driver of EPF's return. That is how they paid 6.1% last year.
Scary bears all over the globe...continue rolling everywhere ....small potato no more adding up my tabung melabur...still planning my trip heading to Santorini and want to enjoy my favourite kebab in Istanbul, not heading to timbuktu with all the uncertainties red across the board
Small potato man on the street not the rich man on the top, not collecting. Looks like a bottomless pit still crawling by the mighty bear at the moment.
Dont think you guys intending to collect at low price are greedy....just "foxy"...lol....cunning with a pretty big heart to take risk....me small heart, no high risk taker, can get heart attack ...lol
Precovid the PE was 30, and around RM4. I know PE is not the right way to invest, but simplicity sake, PE30+ because it is a growth company, and assuming no more growth (nobody knows) and no interets in glove, the PE should be 15, thus RM2+
I'll buy when it reaches RM2, if not, it is ok too.
Dont think it will go back to the glory day of rm20 plus during the pandemic...between getting rich and the pandemic, i will prefer the world free of pandemic with harta still kicking and alive among the top 4. Peace on earth.....but too bad now is the aftermath of the not totally end of the pandemic, bear attacks everywhere...sigh
It s very lucky already if not keep downturn n downturn , yet u still dream of recover ?? Unless China pull out from glove sector then i believe there will be recover after 10 to 15 years !
The biggest mistake of a value investor is blindly stick to or fallen with the old glorious years fundamental when the whole fundamental forcast already chg 360 degrees in a sector !
Agree to disagree...it is all up to the each shareholders principle of investment not affected by any external influences, in the end of the day it is all about how much fund accumulated in their tabung pelaburan.
The best support i see for now is at the 3.425 region. Losing that will open doors to lower prices in the 1.50-2.50 region. So plan your trade accordingly.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
kk7198
3,941 posts
Posted by kk7198 > 2022-06-14 14:16 | Report Abuse
@ Cerubic, I couldn't imagine that Harta could drop to this price. I thought it could above above RM7.00.I first bought Harta during listing inApril, 2007. In early years before the first bonus issue, Harta would declare 4% dividend in each quarter. Still a good investment considering you would have 12 lots for every 1 lot you held since listing which IPO price was RM1.80. I remembered that mine was high around RM1.95. It did come down later to around RM1.30 plus. Now this is a good oppourtunity to grab a world class share unless hospitals no longer using gloves.