Posted by value_seeker > 2023-03-03 11:44 | Report Abuse

Remember to buy when you think the price is reasonable. For me, i have observe the stock for two years, in searching for opportunity. That opportunity has not arrive as i have not get the signal the bottom is near. But remember one big lesson-
Fund at 10,000 bought at 5 per share will lose 90% of capital if the share drop to RM0.5
Bought at 2 per share will lose 75% if share reach RM0.5.
Something we must get our timing near to market movement

Posted by Endgame > 2023-03-03 12:41 | Report Abuse

Breaking news: Local institutions funds still continue increasing the short position. Warn retailers to better avoid long position.

Posted by YourQuirkyWays29 > 2023-03-03 14:03 | Report Abuse

@value_seeker i give up on trying to fish the bottom. I will buy when the QR shows evidence of stabilising, despite if it is at a price slightly higher than now.

Posted by YourQuirkyWays29 > 2023-03-03 14:03 | Report Abuse

Next quarter with less than 30mil loss would be a good start. Fingers crossed.

Posted by KML889 > 2023-03-03 15:44 | Report Abuse

Mega tranche of Harta exchanged hand at EOD February transaction at 1.47. Are we seeing a New Substantial SH. Right now, someone or some institutions funds are quietly absorbing Harta. Anyway, IMO

Posted by LalisaFang > 2023-03-03 16:51 | Report Abuse

Good rebound for today even though today is Friday

Posted by davidkkw79 > 2023-03-03 22:11 | Report Abuse

Good rebound for today even though today is Raining Day

Posted by koidch > 2023-03-04 00:21 | Report Abuse

Just for your info, Harta just hired 400 foreign workers in Feb 2023.....Order picked up...

Posted by NatsukoMishima > 2023-03-04 01:46 | Report Abuse

6th round is starting

Posted by fortunefire > 2023-03-04 12:11 | Report Abuse

parking more bullets here to collect more tickets.

Posted by KML889 > 2023-03-04 13:20 | Report Abuse

Jepun starting 6th round mei. Ooi, which trading platform ah. Mars or Jupiter platform. Sesat lah this time traveller. Saturday la today. Monyok betul mamat ni

Posted by NatsukoMishima > 2023-03-05 23:15 | Report Abuse

https://www.orientaldaily.com.my/news/international/2023/03/05/550923

Posted by Endgame > 2023-03-06 12:54 | Report Abuse

Breaking news: China glove maker start to increase ASP in March at average 10% to compensate the raising of labor and energy, and as well earth anti pollution cost. With this increase expected global ASP price worst time is over.

Posted by koidch > 2023-03-06 15:15 | Report Abuse

Why Harta is hiring ?.......

Posted by koidch > 2023-03-06 15:16 | Report Abuse

https://www.jobstreet.com.my/en/job-search/job-vacancy.php?employer=Hartalega

Macam macam position available recently ....

Posted by koidch > 2023-03-06 15:17 | Report Abuse

same to Kossan, but not TG , Supemx / WRP ....

Posted by Loh Kok Wai W > 2023-03-07 16:12 | Report Abuse

Buy will tie.

Posted by stockraider > 2023-03-07 20:11 | Report Abuse

A perfect long term investment at Rm 1.50 entry level loh!

Posted by Loh Kok Wai W > 2023-03-08 07:37 | Report Abuse

Today another Blood day.

Posted by fortunefire > 2023-03-08 09:14 | Report Abuse

happy 38 women's day to all the 38 people here

Posted by yfchong > 2023-03-08 10:09 | Report Abuse

My 2 cents

Posted by LalisaFang > 2023-03-08 19:03 | Report Abuse

Below RM1.50 again. Let's see can grab it at RM1.40 tmr or not...

Posted by NatsukoMishima > 2023-03-08 19:27 | Report Abuse

Fair value 2023 for :
Harta 80 - 90 sens
Tg 40sens
Kossan 9x sens
Smx 30 - 50 sens

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-03-08 19:44 | Report Abuse

Company Price (RM) ... P/NTA... P/E... Mkt Cap (m)
CAREPLS [s] 0.245... 0.38... -1.15... 140.39
SUPERMX [s] 0.76... 0.43... -36.73... 2067.67
HEXCARE [s] 0.27... 0.45... -5.26... 295.16
KOSSAN [s] 1.12... 0.74... 18.26... 2864.82
TOPGLOV [s] 0.675... 0.99... -46.95... 5539.8
HARTA [s] 1.48... 1.02... -44.82... 5072.86
ADVENTA [s] 0.53... 1.29... -16.25... 80.98

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-03-08 19:45 | Report Abuse

Topglove and Hartalega are both trading at P/NTA of 0.99 and 1.02 respectively.

Kossan and Supermax are both trading at P/NTA of 0.74 and 0.43 respectively.

Market cap of Topglove is 5.5b and that of Harta is 5.1b.
Kossan's market cap is 2.9b and Supermax is 2.1b.

Monitoring the businesses of these big 4 glove companies meantime.

Posted by Endgame > 2023-03-08 21:04 | Report Abuse

Breaking boring and repetitive news: KUALA LUMPUR: Kenanga Research expects the operating environment for the glove sector to remain challenging in subsequent quarters, plagued by massive oversupply, reluctance of customers to commit to sizable orders and hold substantial stocks.

The firm said the Malaysian Rubber Glove Manufacturers Association (Margma) had projected a 12 per cent-15 per cent growth in the global demand for rubber glove annually from 2023.

The association also believed that the supply-demand equilibrium might return in six to nine months.

"However, we beg to differ, expecting the overcapacity situation to persist at least over the next two years.

"Based on our estimates, the demand-supply situation will only start to head towards equilibrium in 2025 when there is virtually no more new capacity coming onstream while the global demand for gloves continues to rise by 15 per cent per annum underpinned by rising hygiene awareness.

"Still, capacity is seen to expand further in 2023," Kenanga state in a note.

It projected the demand for gloves to rise by 15 per cent in 2023, which was consistent with Margma's forecast.

However, this will do little to ease the overcapacity situation as the global glove production capacity will grow another 16 per cent to 595 billion pieces during the year, as more capacity planned by incumbent and new players during the pandemic years - enticed by super-fat margins that had evaporated - finally come on-line.

This will result in the excess capacity rising by 22 per cent to 137 billion pieces from 112 billion pieces in 2022.

"The expanded overcapacity means low prices and depressed plant utilisation will likely persist in 2023.

"Not helping the already dire situation is the reluctance of customers to commit to sizable orders and hold substantial stocks on expectations of further decline in prices," it said.

Kenanga Research's 2023 forecasts assumes an average selling price (ASP) of US$20 per 1,000 piece, translating to an estimated 10 per cent decline over 2022.

It also estimated an average plant utilisation of 50 per cent versus an estimated 60 per cent in 2022.

"During the 2014/2015 downturn, ASP of nitrile gloves went as low as US$17/US$18 per 1,000 pieces while industry utilisation was at around 65 per cent-70 per cent.

"We advocate investors to avoid the sector for now, and not have any top pick for the sector," it added.

Kenanga Research gathered that some players were hopeful that the rate of decline in ASP is slowing, while others believe selling prices had bottomed.

Hopeful that selling prices have bottomed out, certain players will attempt to raise prices starting from March 2023 by an average of five per cent from ASP US$19-US$21 to US$20-US$22.

"We are uncertain if this is viable as we gathered from sources that Chinese players are still undercutting by selling as low as US$14-16 per 1,000 pieces."

The firm maintained an "Underweight" call on the sector.

Posted by KML889 > 2023-03-09 10:30 | Report Abuse

Pandai la Kenanga, 100 ringgit predictions tak jadi, now sendiri mau undercut. X malu punya analysis

Posted by nicholas99 > 2023-03-09 10:38 | Report Abuse

current price lower than 2016.. how come 2016 do better than now? baffled. is it because of cost tinggi sekarang?

Posted by nicholas99 > 2023-03-09 10:41 | Report Abuse

dulu revenue 400mil can get 60-70mil profit.. now 400mil get -30mil loss..

rasa cost problem or selling price pressed down by competitors.

Posted by KML889 > 2023-03-09 10:50 | Report Abuse

Nicholas 99, many past literatures and reports can explained dah. All 101 causes. Now it's about projecting the future or simply what's coming for Harta. If you think Harta can ride through this rough tide, I'm sure it will, then you know what to do or vice-versa

Posted by KML889 > 2023-03-09 10:59 | Report Abuse

For simple reason. If all businesses around the globe cannot withstand Competition, then there is no reason for Harta to exist anymore since their appearance in 1988. The analogy is like All other Banking institutions can close down because Maybank is around, Public bank is around or even Goliath JP Morgan, Deutsche bank, Citibank, HSBC and the list goes on

Posted by KML889 > 2023-03-09 11:32 | Report Abuse

BTW, US and the EU block constitute nearly 70% of their total export. All USD denomination. M not sure if the crrent rhetoric between China and EU will yield more business for Harta.

Posted by KML889 > 2023-03-09 11:35 | Report Abuse

But notably for sure, H5N1 and Marburg are coming

Posted by KML889 > 2023-03-09 11:39 | Report Abuse

Harta is quite efficient in many fronts especially She is able to produce lightweight 2.7g of nitrile gloves second to Intco of 2.5g. The lighter the better for cost effectiveness

Posted by KML889 > 2023-03-09 12:05 | Report Abuse

Cannot understand Harta trade patterns. Semalam Sell kaw kaw, today buy kaw kaw. Kossan terbalik. Semalam Buy kaw kaw, today Sell Kaw kaw

Posted by NatsukoMishima > 2023-03-09 12:30 | Report Abuse

Y u want waste yer time to understand when an value stock already became gambling stock ??? U all deserve to lose all capital !
The boss give u all time to run but u still behave like a tard !

Posted by KML889 > 2023-03-09 12:53 | Report Abuse

Pandai la jepun, that is your only specialty, oblivious and menghasut brainlessly mcm Hadi

Posted by KML889 > 2023-03-09 12:56 | Report Abuse

AA. You Jepun not supposed to surface from grave ma today. Harta is rocketing now la today ICYMI

Posted by nicholas99 > 2023-03-09 14:51 | Report Abuse

mari terbang.

Posted by KML889 > 2023-03-09 15:07 | Report Abuse

76 countries poultry and mammals out of 195 countries in the world are infested with H5N1. Human jumps had and has been reported sporadically. Watch closely WHO announcements.

Posted by James_Bond > 2023-03-09 15:16 | Report Abuse

Congrats Harta comrades who following my buy call recently. More upside to go! Cheers!

Posted by KML889 > 2023-03-09 15:22 | Report Abuse

No thanks but Thanks to All the IB's unanimous call for Sell ratings. Just do the opposite then you'll be Fine

Posted by James_Bond > 2023-03-09 15:39 | Report Abuse

Go go go Harta! Haha…

Posted by fortunefire > 2023-03-09 15:59 | Report Abuse

good news is coming

Posted by kl_guy > 2023-03-09 16:40 | Report Abuse

never trust IB , they bunch of shark.

Posted by kl_guy > 2023-03-09 17:21 | Report Abuse

chart show lower high. if break 1.60 tommrrow , is a good sign to pick up. if can break 1.80 level is a positive buy .

Posted by LalisaFang > 2023-03-09 18:11 | Report Abuse

Thought can collect at Rm1.40 today but goes up instead...Induced by OPR news I guess

Posted by NatsukoMishima > 2023-03-09 19:44 | Report Abuse

Enjoy 7th round cut vege feast !

Posted by nuilam hali > 2023-03-10 04:30 | Report Abuse

ByBloomberg News
9 March 2023 at 12:42 GMT+8
A Chinese city will use lockdowns and school and business closures as part of its plan to contain influenza outbreaks, sparking concern among citizens about a return to the country’s economically-crippling Covid restrictions.

Posted by Loh Kok Wai W > 2023-03-10 06:13 | Report Abuse

Rebound Trap...