Posted by khatulistiwa1234 > 2022-08-10 09:46 | Report Abuse

LIMIT UP DECLARE .

Posted by khatulistiwa1234 > 2022-08-10 09:48 | Report Abuse

LIMIT DOWN GOING FIRST , LATER ON ONLY LIMIT UP ....ELON MUSK ALL TIME PRACTICE .....RHYTHM PLAY SO FAR SO CUNNING .

Posted by Ryan83 > 2022-08-10 09:54 | Report Abuse

Hartalega under heavy selling pressure as EPF still got 240 million shares to dispose....Worst quarterly result yet to come next few quarters

Posted by YourQuirkyWays29 > 2022-08-10 09:58 | Report Abuse

Im doubtful of a much worse quarterly, happy with this quarter. Let's see.

Posted by Ryan83 > 2022-08-10 10:01 | Report Abuse

Coming next quarter much lower profits and EPS less than 2 sen as ASP declining and production costs keep increasing

Posted by CharlesT > 2022-08-10 10:03 | Report Abuse

It seems mkt also happy with their latest Q result...

Only drops Rm0.15 or 5%+ even though profit before tax drops 38% fm last Q...

Posted by khatulistiwa1234 > 2022-08-10 10:05 | Report Abuse

ELON MUSK REPTILE DOING ROBBERY IN DAY BASIC .

Posted by khatulistiwa1234 > 2022-08-10 10:06 | Report Abuse

DROP MORE < BUY MORE ...... AM I RIGHT .

Posted by khatulistiwa1234 > 2022-08-10 10:06 | Report Abuse

I PRACTICE IF CRASHED , I SOLD OFF MY PROPERTY UK < JUST TO JOIN THIS BOAT .

Posted by khatulistiwa1234 > 2022-08-10 10:07 | Report Abuse

I GOT PROPERTY NEXT DOOR TO ELIZABERT .

Posted by khatulistiwa1234 > 2022-08-10 10:08 | Report Abuse

WE ARE NEIGHBOR

Posted by khatulistiwa1234 > 2022-08-10 10:14 | Report Abuse

DEFENSE IS MY CURRENT THINKING < BUT SINCE DROP , MANY COLLEAGUE ASK ME HOLD ON < AWAITING CHEAP CHEAP ONLY JOIN , BUT ME < TOO DESPERATE .... GOOD TASTE SOAP ...SCARE ANY MOMENT LEAP UP BACK .......ITCHY IS STILL THERE ......FINGER ITCHY .

Posted by khatulistiwa1234 > 2022-08-10 10:16 | Report Abuse

HUMAN BEING ALL TIME SAME ...CHEAP < AIM EVEN CHEAP ......THAT IS WHY NOT RESPONSE ON CURRENT < THE FIGHT BACK IS NOT SOUND .

Posted by khatulistiwa1234 > 2022-08-10 10:16 | Report Abuse

AIM MORE >>>DISAPPOINTED EVEN MORE .......

Posted by SinGor > 2022-08-10 10:19 | Report Abuse

as usual Bankers support first day, ---drop pants and run like no tomolo next day

Posted by NatsukoMishima > 2022-08-10 10:27 | Report Abuse

3 reasons why u should not invest malaysia glove stocks:

1. Lesser n lesser dividen pay out until 0 just like kossan latest qr , dont say stingy supermx n hard hitted top glove !

2. The future of malaysia glove business will be just like face masks n condonm , best example Karex !

3.forced labour issue , ESG , rubber plastic pollution issue alreay trigered EU to take ban disposable rubber products soon !

Posted by NatsukoMishima > 2022-08-10 10:28 | Report Abuse

Harta real value only rm 1.xx after China challenged ! U cant win them !

Posted by NatsukoMishima > 2022-08-10 10:30 | Report Abuse

Drop more buy more strategy is for future business like dnex not for sunset past tense business !

Posted by NatsukoMishima > 2022-08-10 10:35 | Report Abuse

Hlb sell call TP :RM 1.92 same what i expected !

Posted by SinGor > 2022-08-10 10:37 | Report Abuse

Buy Bauto better, Madza new car delivery take 9 months

Posted by EverettLee > 2022-08-10 11:07 | Report Abuse

Seems like HLB wanna collect Harta at a very cheap price..

Posted by Cerubic > 2022-08-10 11:14 | Report Abuse

Shares held since day one....up and down dividend bonus shares, this one respected darling shares has definitely contributes to my retirement fund so far. Even under such market condition, still surviving with dividend received as of to date, it is definitely a keeper in my long term investment portfolio. Being top spot in the industry of a essential healthcare product and staying resilient throughout the years, lots of possibility ahead with the global uncertainties, chances of war between china taiwan with the involvement of US in addition to the ukraine russia ongoing war, ongoing pandemic/endemic monkeypox etc.  Time will tell. 

Posted by CharlesT > 2022-08-10 11:15 | Report Abuse

Your Day one in Harta was in Oct 2021 ah?

Posted by CharlesT > 2022-08-10 11:18 | Report Abuse

Harta was RM5+ during Oct 2021.

Drops less than 50% ...still got some div....so maybe suffer loss ard 30%+ only

Posted by EarnAmeal > 2022-08-10 11:23 | Report Abuse

I start to like Natsuko comments, very informative.

Posted by Cerubic > 2022-08-10 11:27 | Report Abuse

Day one 2008, passed through the norm, peak price and the low price now with cost of investment recovered long time ago. Not much affected by the up and down coz no god of gamblers like you guys making big bucks short term, lol.

Posted by khatulistiwa1234 > 2022-08-10 11:27 | Report Abuse

I receive ELIZABETH CALL ...SHE ASK ME BUY HARTA FOR HER .....SHE BET ONE BANGLO .

Posted by CharlesT > 2022-08-10 11:40 | Report Abuse

Posted by Cerubic > 12 minutes ago | Report Abuse

Day one 2008, passed through the norm, peak price and the low price now with cost of investment recovered long time ago. Not much affected by the up and down coz no god of gamblers like you guys making big bucks short term, lol.

If u say u can fly more will believe in u....lol

Posted by Cerubic > 2022-08-10 11:44 | Report Abuse

Shares in my time capsule, definitely not flying to timbuktu with the ongoing in the shares market now, lol

Posted by NatsukoMishima > 2022-08-10 12:02 | Report Abuse

Once 2.58 psychological support price break then it will direct plummet to rm 1.xx !!

Posted by NatsukoMishima > 2022-08-10 12:03 | Report Abuse

It s time to wake up , no FOMO in glove stocks sunset !

Posted by Cerubic > 2022-08-10 12:48 | Report Abuse

I think intelligent investors out there are not all the sorts of FOMO, all in type...it still goes back to fundamental of investment. The fundamental of Harta is a open book,  year to year performance report with solid financial background. As for the coming days, companies all across the board globally are facing tough time weather through hardship of cost hike, esg, competition etc, not just Harta.  For me the small potato shareholder, the main point of my investment is long term sustainable return. Time will tell, survival of the fittest. I maybe wrong or otherwise, in the end of the day it is only my non god of gambler investment fund, not daily monitoring looking at the number greet bye bye to earth heart attack fund, lol. YOLO guys.

Posted by Mini2021 > 2022-08-10 13:51 | Report Abuse

If RM 1.9 I will buy 1,000,000 units .....

Posted by dutatrop > 2022-08-10 14:04 | Report Abuse

why invest in Harta now when they are other better counters with much higher certainty of investment returns in the next 12 months?

Posted by observatory > 2022-08-10 14:24 | Report Abuse

Extracted from several reports today:
Maybank:
1) Management has turned more bearish on the sector outlook given stiff competition. We understand that ASP has resumed its downward trend since June 22 after stabilising in Apr-May 22 and utilisation rate has dropped to 50% (in line with the industry), from 70% in Apr-June 22,
2) management expects the demand-supply equilibrium to take another 24 months to rebalance. Prior to 2024, it will focus on sharpening its capabilities and improving cost efficiency to prepare for recovery, and
3) management no longer enjoys premium pricing for its products due to stiff competition.

Affin:
Management mentioned that in a worst-case scenario, the current overcapacity situation could persist past 2023

Hong Leong:
We caution that Hartalega could be at risk of being booted out of the KLCI in the upcoming FTSE Bursa Malaysia KLCI semi-annual review should its share price deteriorate further, as it currently ranks at the 35th spot (based on 9th Aug closing).

It seems that the over capacity situation will persist for quite a while yet. Those looking for opportunity to add could probably wait. Exclusion from KLCI, if happens, could trigger another round of selloff as seen in other stocks.

Posted by Mini2021 > 2022-08-10 14:25 | Report Abuse

If you know got counters that is good in next 12 months why need to invest? why not Just start the business yourself and earn like harta boss each year getting RM 200 million dividend ??

Posted by SinGor > 2022-08-10 14:26 | Report Abuse

Harta makes only 2.6sen for RM2.60 market price today. Too over-valued

Posted by Mini2021 > 2022-08-10 14:27 | Report Abuse

Observatory

If take 24 months to balance , COMFORT and Careplus will lose RM 100 million in total for coming 2 years....you think they rich enough or close shop???

Posted by shrobin > 2022-08-10 14:28 | Report Abuse

If on accumulating mode, you will hope it can go lower! Pick up some today......

Posted by Mini2021 > 2022-08-10 14:37 | Report Abuse

What I know is retailers holding 400-500 million tickets .....which is 10-15 % .... Shark will keep throwing and pressing the price to force them out...... the stock price only will stabilized once tickets from small shark reduce to 4-5 % which mean around 150 million -200 million shares.

Posted by CharlesT > 2022-08-10 14:37 | Report Abuse

2) management expects the demand-supply equilibrium to take another 24 months to rebalance. Prior to 2024, it will focus on sharpening its capabilities and improving cost efficiency to prepare for recovery, and
3) management no longer enjoys premium pricing for its products due to stiff competition.

Affin:
Management mentioned that in a worst-case scenario, the current overcapacity situation could persist past 2023

Still can do down averaging for the next 2 years

All u long term investors here must be very happy loh

Posted by investmalaysia618 > 2022-08-10 14:38 | Report Abuse

give you 3.5cents dividend but lose 0.25 from share price kikiki

Posted by observatory > 2022-08-10 14:41 | Report Abuse

Another useful input from CIMB on the supply-demand dynamics in the glove sector:

Hartalega’s in-house research indicates that glove buyers would need an inventory adjustment period of approximately 16 months (from peak inventory levels) before they replenish their inventory with new stocks. Hartalega believes inventory levels have peaked in Jun 2021 and hence it expects glove demand to recover by end-2022.

Hartalega did a projection analysis on the global glove demand for 2022- 2025F by assuming i) a 6% annual growth rate for the best case scenario, and ii) that 2022F glove demand would equal that of 2020 for the low case scenario. Note that the Malaysian Rubber Glove Manufacturers Association (MARGMA) estimated that global glove demand could grow 12-15% next year.

It estimates that in the best case scenario, the global supply-demand dynamics in the glove sector could reach equilibrium by 2024F. This is assuming an 80% capacity utilisation rate by then as well as no decommissioning of existing capacity. Should decommissioning happen, it projects the supply-demand dynamics in the glove sector would reach equilibrium earlier, by 2023F.

The report mentions MARGMA. MARGMA should be totally discredited by now given its unsubstantiated bullish forecasts at the height of pandemic, just like Frost Sullivan its rosy projection was used by Top Glove in its HK IPO document.

Posted by Cerubic > 2022-08-10 14:41 | Report Abuse

Why not invest/stay invest in Harta as it is still part of a respected darling stock of the investors' portfolio with lots of possible positive outcome in the future. Setting a glove business is no tomdicknharry job, you can see the exits of those new players. As for the market shares seized by the china players, with the big global powers infighting/wars..time will tell in competition wise. The up and down in supply demand, it is a disposable essential healthcare product with ongoing needs globally continuously. Fittest of the survival, guys...ready to roll in full speed when the time come in the coming days...probably long but still worth the wait, stay invested in the shares. There is no guarantee in share investment, we can only bet (not like god of gambler though, lol) based on the fundamental, that is why we only invest within our tabung melabur, not down to our last underwear, lol.

Posted by Mini2021 > 2022-08-10 14:42 | Report Abuse

investmalaysia618 : if you are long term investor your dividend should be more than 15,000 cents from IPO.... kikikikiki mean you follow trend la...trend can earn money lo ....

Posted by YourQuirkyWays29 > 2022-08-10 14:44 | Report Abuse

Odd belated dumping, foreign/institutional investors?

Posted by Cerubic > 2022-08-10 14:46 | Report Abuse

Couple of cents dividend every quarter or worst case scenario yearly, lama lama jadi bukit. Intelligent investors out there no dead log, shares are and up to investors to manouvre around the figures. This is of course provided the company is still kicking and alive with good financial background to survive long term. Survival of the fittest long term, guys

Posted by YourQuirkyWays29 > 2022-08-10 14:47 | Report Abuse

My view is that this stock is a hold right now. Advising to buy/sell is pretty tricky. Unless ofcourse, if you have better investment that you're confident can get you money in the shorter term, by all means, sell and buy that. I've caught the 2.5 train this time around and will be holding till better days.

Posted by observatory > 2022-08-10 14:49 | Report Abuse

Truly long term investors will not be overly concerned. Long term doesn't mean buy and never sell. Some would have taken some profits during the glove mania in late 2020 as valuation was clearly not sustainable.
With the market swings to the pessimistic end now, it's good time for LT shareholders to rebuild their glove exposure gradually even though share price is likely to fall further. Calling the bottom in share price is as hard as calling the top.

Posted by YourQuirkyWays29 > 2022-08-10 14:54 | Report Abuse

Observatory's comment on long term investors are quite true, maybe one should review their positions if you dont fit the description.

Also on the supply-demand equilibrium, I'm pretty confident some form of decommissioning would happen with so many new companies rushing in during the glove mania. I guess we shall see.