Kasihan, it is apocalypse for harta and its shareholders looking at the number as of todate. By the way, is there any news that harta is going to close shop? Or gloves are no longer needed in the healthcare system? Is there a window dressing on the account of harta or Harta bosses sent to lokap for mistreating his thousands of employees. Yup...it is goin down under soon to 0 worth of share. Come on, it is a share market afterall with the bears and the bulls circling around us. The company started at IPO RM1.80 climbed up ridiculously to RM20 plus...let round it up to a more acceptable no of RM10...now RM2.80...so overall shareholders really loss the total amount of RM7.20...I have recovered what i have invested way before that and i believe shareholders have manoeuvre around their portfolios along the way...in the end of the day, when the bull time comes, is the figure still remain at RM2.80 or below. Time will tell in the còming days....and hopefully not in 100 yrs...lol
Hang in there Cerubic. I'm a little concern that haven't seen Anxious in awhile. Sh!t happens, we shall definitely celebrate together when things are back to normal. I promise to message you before I sell, if I ever decide to sell.
Anxious should be the same as me, tabung melabur in time capsule during the attack of the mighty bear, lol. Small potato blabbing here whenever free, boring period of no exciting moment except looking at the mighty bear painting the town red
With the bear market and the latest amount of couple of dividends paid with clean bill record of balance sheet so far, probably there isnt a need to prove its stability to the shareholders via share buy back as cash is much more needed now during the downturn for capital expansion. Some investment advisor even commented that harta should maintain much cash in hand utilise to further improve productivity via automation and expansion plan. We may just forward this question in the coming up AGM in view of the shares value that we are holding now at this moment..
14yrs from RM1.80 up to RM20 plus down to RM2.80, along the way dividends bonus issues, along the way maneuvering the portfolios within the tabung melabur...day one nasi lemak as of todate still nasilemak plus a little bit of upgrade of good foods and travelling....dear me, life is great....no worry all along the way coz there is always a tabung harta and tabung melabur
Aint no god of gamblers, aint big money maker, just a long term investor invest within the tabung melabur, bulls and bears are always welcome as long as the tabung melabur is full
Life is not moving just around the bulls and bears in the share market, the hip2hooray and sighing, there is always lots of wonderful things out there to enjoy, as long as we dont put our last underwear into the tabung melabur...lol
...plus lots of mighty Destiny of the X-men here, up the top seat above Warren Buffet...dear me small potato neck hurts sitting way down the ground here....lol
No offense here guys, agree to disagree....we all here investing shares, not investing life and death....a little bit of humor is great along the way...lol
New variant...sigh...what else is new...continue mask and take the proper precautions upon stepping out the doors...well, the more we need to appreciate and enjoy every tomorrow now
The world is back to normal , people waiting for asia cup , world cup , support harimau malaya , where got people remember covid 19 n glove maniac anymore?? Hold longer loss more until u bankrupt !
last harta was up was in 31 May at 4.20 .... and since then for the whole of June its been down to now 2.82 or 33% in 15 days? Has there been any news? Even in bear market..... why the continuous drop?
Bear market = mad market.... touch wood worst case scenario secular bear market...who knows ...but we do have Professor X, Destiny, mighty big bears who know it all here..that is why following closely their mighty wisdom comments daily
US Interest rate hike will go to 5% coming next year... Ringgit will go to 1USd= RM 4.8 .....this will benefit export counter ......and also cash risk counter like Harta .... If fix deposit in Malaysia 3-4% , Harta with Rm 2300 million cash will generate hundred million cash ...
Dalio is right to short Europe, strategist says: ‘The pain will go on for quite a while’ (Published Fri, Jun 17 20227:02 AM EDT)
~ Dalio’s Bridgewater Associates has placed at least $6.7 billion in short positions against European stocks, according to data group Breakout Point, which aggregated the firm’s public disclosures.
~ Dalio’s firm is generally bearish on the global economy and has already positioned itself against sell-offs in U.S. Treasuries, U.S. equities and both U.S. and European corporate bonds.
It is definitely looks like a doom and gloom all over the globe in the shares market. Yet during downturn the bear market, there is always a "Your losses, My gains" among the investors. In the end of the day, it is all up to the investors in making the right decision, like QuirkyWay said as a responsible investor.
Supermx holding RM 3200 million cash ..... last time the boss dont want to give dividend .....many investors complain..... if not mistaken Supermx transfer USD 350 million to invest for glove factory .... if they holding the cash ... they also earn a lot dividend without doing anything .... CASH IS KING NOW ...
Supermax made quite a big decision putting a huge chunk of fund into the construction of a high tech glove factory in the US. All dealt in USD, wonder if it is worth the return in the long run building the factory in the US?
I finally caved in last week. I just could take the thought of Harta going down another 50% to about RM1.50, so I sold at a great loss last week. May double down if it hits RM1.50 but thats a separate consideration. For now I've decided to move on. I just cant believe how this could happen to a company that is a world class market leader but I guess thats all part of the game.
Anxious, share market is not a place for you.Selling Harta which is a world class company at a great loss is unimaginable.It is better for you to quit Bursa
Anxious, sorry for the loss on your shareholding in harta. Guess that the shares has affected you a lot, both emotionally and the amount of your fund/wealth in hand. Every investors have their limit in their tabung melabur and I respect your decision on the shares disposal.
Again, I would encourage people to have a more meaningful discussion on harta at separate platforms rather than i3, as this place is filled with toxicity (although there are some good people here and there). PM me if you are interested in better quality discussions on the whole industry, or other stocks and so on
Anxious, sorry for your loss. Live and learn. I can't imagine you would be using simply wall street as a TP gauge for harta, considering that that website is simply computer algorithms.
it is better not to look at the "share price", but look at the business.
If you look at share prices everyday, you are only wasting your time and causing yourself unnecessary agony.
bursa only can play when there's clear uptrend or just play for pump & dump. cannot invest one. look at tenaga, maxis. even genting also did not went back up to previous high. if you look at disney, it went up to all time high from the covid recovery
just hold only la....scared what. trust in the management. now is the time to collect cheap. glove is not a dying business, demand is still there. good management will find a way out of every situation.
Thumb up guys...this is what we should be talking bout...the fundamental ...the business itself......most respected darling among the darlings of my tabung melabur
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....
Cerubic
507 posts
Posted by Cerubic > 2022-06-17 16:21 | Report Abuse
Kasihan, it is apocalypse for harta and its shareholders looking at the number as of todate. By the way, is there any news that harta is going to close shop? Or gloves are no longer needed in the healthcare system? Is there a window dressing on the account of harta or Harta bosses sent to lokap for mistreating his thousands of employees. Yup...it is goin down under soon to 0 worth of share. Come on, it is a share market afterall with the bears and the bulls circling around us. The company started at IPO RM1.80 climbed up ridiculously to RM20 plus...let round it up to a more acceptable no of RM10...now RM2.80...so overall shareholders really loss the total amount of RM7.20...I have recovered what i have invested way before that and i believe shareholders have manoeuvre around their portfolios along the way...in the end of the day, when the bull time comes, is the figure still remain at RM2.80 or below. Time will tell in the còming days....and hopefully not in 100 yrs...lol