HARTALEGA HOLDINGS BHD

KLSE (MYR): HARTA (5168)

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Last Price

2.70

Today's Change

-0.04 (1.46%)

Day's Change

2.65 - 2.72

Trading Volume

1,543,900


14 people like this.

33,380 comment(s). Last comment by CharlesT 58 minutes ago

Posted by khatulistiwa1234 > 2022-08-10 22:30 | Report Abuse

Take it a LESSON , mistake done , admit it , REMEDIES , keep as EXPERIENCED

Posted by khatulistiwa1234 > 2022-08-10 22:31 | Report Abuse

LOSE MONEY LIITLE THINGS , Don’t lose desire .

Posted by khatulistiwa1234 > 2022-08-10 22:32 | Report Abuse

Basic instinct of all is DESIRE .

Posted by khatulistiwa1234 > 2022-08-10 22:34 | Report Abuse

IT WILL RETURN BACK FIERCE HEADING

Mini2021

1,444 posts

Posted by Mini2021 > 2022-08-10 23:42 | Report Abuse



Medusa

And If you notice all this while the seller is only EPF alone. EPF is actually pakat with the IB to sell their shareholding whenever IB set the TP as RM XXX to force retailers to sell their shares. That is the tactic being employed by the Big Financial Institutions to deceive you of coz with the help of EPF/KWAP/KHAZANAH.

As long as the company is making profit quarterly, in the long run you will reap what you sow.
__________________________________________________________________________________________________________________
Aiyo why you so smart ....quietly makan ma.... they able to play as low as can

Posted by 不敢爲天下先 > 2022-08-11 06:11 | Report Abuse

Is Malaysia government going to return the windfall tax to the glove companies?

2 years ago, they got milked to the max.

Sslee

5,586 posts

Posted by Sslee > 2022-08-11 06:59 | Report Abuse

Market Cap: 8,398 Million
NOSH: 3,428 Million
Avg Volume (4 weeks): 7,285,550
4 Weeks Range: 2.45 - 2.91
52 Weeks Range: 2.45 - 7.45

So Harta already broken below the 9 billion market cap . Will it broke the 8 billion mark?
With PE of 20 a market cap of 8 billion need to earn 400 million per year

Posted by YourQuirkyWays29 > 2022-08-11 07:29 | Report Abuse

There's no windfall tax if there's insufficient profit to be taxed, unless the government literally wants to kill these companies.

Posted by InsiderShark > 2022-08-11 08:09 | Report Abuse

@不敢爲天下先

There was no windfall tax for glove. You create your own story.

Posted by YourQuirkyWays29 > 2022-08-11 08:22 | Report Abuse

There was windfall tax, just unlikely to have another round this year given that there's no more "windfall" for glove sector this year. Some people are just a bit slow on the brain.

Posted by khatulistiwa1234 > 2022-08-11 08:30 | Report Abuse

Elon Musk smart on playing CHESS philosophical ...... YESTERDAY BIG DIVER ...TODAY EXCHANGED BACK BIG RISE ..... SWING UP SIDE DOWN , in term to HAVING EVEN MORE CHIPS IN MARKET ....LATER ON MONOPOLY THE GAME .... I INSTANTANEOUS ELON MUSK IS ENTER ORE .

CharlesT

14,634 posts

Posted by CharlesT > 2022-08-11 08:31 | Report Abuse

Harta drop ard 50% in 2021, fm RM10+ to RM5+

2022 YTD drops another 50%+ fm RM5+ to RM2.45 now

CharlesT

14,634 posts

Posted by CharlesT > 2022-08-11 08:33 | Report Abuse

All the recent (i meant after 2020) long term shareholders have been buying happily for averaging down for the past 1 year+

Let's C 2023 how

Posted by khatulistiwa1234 > 2022-08-11 08:33 | Report Abuse

CAN MAKING SUCH TRIGGER CIRCLE SINK ...... CONFIRM IS EXTERNAL OFF SHORE POWER ... not even a NORMAL SOLID GROUP .... MOST BE GIANT PLAYER .

CharlesT

14,634 posts

Posted by CharlesT > 2022-08-11 08:34 | Report Abuse

I think cannot drop another 50% in 2023.....

Posted by khatulistiwa1234 > 2022-08-11 08:35 | Report Abuse

WORLD RICHEST , SOLID FAMOUS FUND OR HUGE INSTITUTION ..... THE CORRECTION IS UNREALITY NORMAL , UNSOUND PRACTICE .

Posted by khatulistiwa1234 > 2022-08-11 08:36 | Report Abuse

THE STEERING MAN IS WHOM ?

Posted by khatulistiwa1234 > 2022-08-11 08:36 | Report Abuse

EPF POSSIBLE KNOWN THE SECRET ..

Posted by khatulistiwa1234 > 2022-08-11 08:37 | Report Abuse

ORE HIDING TOP GUY ?

Posted by khatulistiwa1234 > 2022-08-11 08:38 | Report Abuse

Questionaire on Multitudinous ...

Posted by khatulistiwa1234 > 2022-08-11 08:39 | Report Abuse

EMPTY MIND ...... WHY IS HARTA FULL FORCE BY THIRD PARTY SO CRUEL DID ? NOT TOP GLOVE .

Posted by khatulistiwa1234 > 2022-08-11 08:40 | Report Abuse

HARTA GIRD BY GIANT HAND .

Posted by khatulistiwa1234 > 2022-08-11 08:40 | Report Abuse

ELON MUSK REALLY .

Posted by NatsukoMishima > 2022-08-11 09:04 | Report Abuse

If drop more 30 sens today or tomorrow u scare or not ?? Malaysia glove starts close shop 1 by 1 already yet u still holding silly !

Posted by khatulistiwa1234 > 2022-08-11 09:04 | Report Abuse

SPY FIRM SOLID NEWS , WILL DIVER TO 1.80 BY TODAY .

Posted by khatulistiwa1234 > 2022-08-11 09:04 | Report Abuse

ANOTHER 0.60 GONE .

Posted by NatsukoMishima > 2022-08-11 09:05 | Report Abuse

If kick out from klci index then maybe another 70% drop !

Posted by khatulistiwa1234 > 2022-08-11 09:05 | Report Abuse

ELON MUSK IS CRAZY DUMPING ..

Posted by khatulistiwa1234 > 2022-08-11 09:05 | Report Abuse

THIS WEEK BOTTOM IS 1.50

Posted by khatulistiwa1234 > 2022-08-11 09:06 | Report Abuse

PANIC DUMPING SHORT WARD .

Posted by khatulistiwa1234 > 2022-08-11 09:06 | Report Abuse

THE DIVER ON 11.00 , SLAUGHTERING WHOLE MARGIN CLIENTS ...MANY DIED STAND TODAY .

Posted by khatulistiwa1234 > 2022-08-11 09:07 | Report Abuse

CRASHED HARTA ON PENDING SCHEDULE .

Posted by khatulistiwa1234 > 2022-08-11 09:08 | Report Abuse

EPF TODAY DUMPING EVEN FIERCE < LIKE NOT TOMORROW .

Posted by YourQuirkyWays29 > 2022-08-11 09:15 | Report Abuse

Dropping another 50% means lower than NTA. Unless we're suspecting fraudulent reporting, i don't think that we have any indication about that...

Ryan83

1,835 posts

Posted by Ryan83 > 2022-08-11 09:22 | Report Abuse

KUALA LUMPUR (Aug 10): Analysts have maintained their "sell" calls on Hartalega Holdings Bhd, and cut their target prices (TPs) for the glove maker, after its earnings for the first quarter ended June 30, 2022 (1QFY23) were below expectations.

Hong Leong Investment Bank Bhd (HLIB) slashed its TP to RM1.92, from RM2.37 previously, on the back of lower utilisation rates of plants and average selling prices (ASPs) of gloves.

In a note on Wednesday (Aug 10), HLIB said ASPs are expected to stay at around US$20 (RM89.14) per thousand gloves in the near term.

“In view of the intense market competition, the management expects utilisation rates to decline going forward, with current utilisation hovering around 50% to 60% (in line with industry players).

“Hartalega has also decommissioned some of its older plants to reduce its overall installed capacity and operating cost,” the research house added.

HLIB also cautioned that Hartalega could be at risk of removal from the FBM KLCI in the upcoming semi-annual review should its share price deteriorate further.

CharlesT

14,634 posts

Posted by CharlesT > 2022-08-11 09:26 | Report Abuse

Posted by YourQuirkyWays29 > 10 minutes ago | Report Abuse

Dropping another 50% means lower than NTA. Unless we're suspecting fraudulent reporting, i don't think that we have any indication about that...

How much is yr paper loss now? 60%+ or 70%+?

CharlesT

14,634 posts

Posted by CharlesT > 2022-08-11 09:27 | Report Abuse

Anyway if u bought on Day 1 like somebody claimed here ytd u still make few thousands percent return so no sweat lah

rr88

6,531 posts

Posted by rr88 > 2022-08-11 09:28 | Report Abuse

Analysts....what do they know. They all makan gaji only. They dont drive fancy cars. These are the same analysts who were predicting 30 to 40 when it was trading at 20 peak.

It will close around unchanged today for a hammer candle reversal. Thereafter it will climb back within sideways range 2.60 - 2.90.

Buy!

Posted by YourQuirkyWays29 > 2022-08-11 09:34 | Report Abuse

@charles average price @4.5, so it's about 50% now when only looking solely at capital. But after taking into account the huge dividend payouts in 2021, i think its less than that, lazy to quantify exactly.

julian1981

900 posts

Posted by julian1981 > 2022-08-11 09:34 | Report Abuse

I will buy..why listen to analyst? they are not expert in gloves.

Posted by Benyap1234 > 2022-08-11 09:40 | Report Abuse

Just bought Harta 2.35 . Will buy by batches .

Posted by Benyap1234 > 2022-08-11 09:41 | Report Abuse

Maybe still will drop further. But this price Shud be less risky compare to last time . Hehe

CharlesT

14,634 posts

Posted by CharlesT > 2022-08-11 09:42 | Report Abuse

Yeap. I think unlikely to drop another 50% fm this level in 2023

Maybe 30% to 40% only

Posted by Benyap1234 > 2022-08-11 09:44 | Report Abuse

Sifu Charles. Tq for your great info .

SWT1988

1,338 posts

Posted by SWT1988 > 2022-08-11 09:48 | Report Abuse

might drop below 2.00 in near future after Top glove n Supermax qtr result out. Big shark still got many excuses n bullets to pull down the price

Mini2021

1,444 posts

Posted by Mini2021 > 2022-08-11 09:49 | Report Abuse

go go go rm 2 ...

Posted by investmalaysia618 > 2022-08-11 09:50 | Report Abuse

228 nice number

Posted by NatsukoMishima > 2022-08-11 09:51 | Report Abuse

Afternoon maybe EPF will dump more , 5million - 10 million is normal since they know harta might kick out from klci index !

Posted by Benyap1234 > 2022-08-11 09:51 | Report Abuse

Wow . Then I q next entry at 1.9 to 2

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