Posted by michaelwong > 2020-09-15 19:21 | Report Abuse

Bang balls , yesterday bought at ceiling price plus the warrant . Early morning sold off both counters to cut loss since when l bought l not aware that Friday also ceiling up . Aiyah...... really sui seow this time when last minute it ceiling up again .

Posted by KK > 2020-09-15 19:34 | Report Abuse

ttps://www.thestar.com.my/business/business-news/2020/09/15/hartalega-sees-no-glove-oversupply-unaffected-by-vaccine

Posted by BigBladd > 2020-09-15 19:42 | Report Abuse

@Michaewong it didn't ceiling ..up...1.63....blocked...

Posted by humongainz > 2020-09-15 19:44 | Report Abuse

ok la.. this goreng Thursday morning can one. later rmb to top up the original HLT then ok dy.

Posted by Stockisnotfun > 2020-09-15 19:59 | Report Abuse

Haha regret didn't buy more when its very low this morning. Next limit up can earn a bit only with my existing shares

Posted by strattegist > 2020-09-15 20:00 | Report Abuse

closed unchanged

Posted by Flyinghorse > 2020-09-15 20:29 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/09/15/hartalega-sees-no-glove-oversupply-unaffected-by-vaccine

Everybody HUAT

Posted by humongainz > 2020-09-15 20:31 | Report Abuse

not really. smaller guys won't deserve their valuations soon.

Posted by BigBladd > 2020-09-15 21:44 | Report Abuse

https://www.theedgemarkets.com/article/china-coronavirus-vaccine-may-be-ready-public-november
China coronavirus vaccine may be ready for public in November

Posted by CUTLOST > 2020-09-15 21:48 | Report Abuse

Thursday.. Limit up plz

Posted by RotiTelur > 2020-09-16 00:23 | Report Abuse

glove unaffected by vaccine

Posted by DepecheM > 2020-09-16 04:39 | Report Abuse

Stayed at limit up price means Thursday should continue bull run

Posted by bigprice > 2020-09-16 07:37 | Report Abuse

2.20, 3.00. Hold.

Posted by MasterYoda > 2020-09-16 08:15 | Report Abuse

Kanasai a lot sohai investor here make 30-50 cent then profit taking,hello if only want to make that much dun need to play glove stock go to tech stock,no point taking such a big risk invest in glove if only your target is so little ke ke ke

Posted by Mikecyc > 2020-09-16 08:29 |

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Posted by Mikecyc > 2020-09-16 08:32 |

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Posted by Mikecyc > 2020-09-16 08:50 |

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Posted by Erwan Billy > 2020-09-16 08:52 | Report Abuse

Aduh miki mouse ada balik

Posted by Mikecyc > 2020-09-16 08:53 |

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Posted by Mikecyc > 2020-09-16 08:54 |

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Posted by Mikecyc > 2020-09-16 08:56 | Report Abuse

10.8 b x 2x12 months = 259.2 billion demand for netx 12 months starting August 2020

Posted by Mikecyc > 2020-09-16 08:57 |

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Posted by Mikecyc > 2020-09-16 09:00 |

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Posted by Mikecyc > 2020-09-16 09:06 |

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Posted by wallstreetrookie > 2020-09-16 09:22 | Report Abuse

Again, Mike no one cares. You’re going to enter the graves soon.

Posted by Mikecyc > 2020-09-16 09:26 |

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Posted by Mikecyc > 2020-09-16 09:27 |

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Posted by Kent2018 > 2020-09-16 09:58 | Report Abuse

On la, start spamming mean hlt got opportunity to up la. Thanks for info

Posted by denzadesu > 2020-09-16 11:24 | Report Abuse

PETALING JAYA: The global demand for gloves is likely to continue outstripping supply for the next three to four years, even if a vaccine for the Covid-19 becomes available, according to Hartalega Holdings Bhd.

The world’s largest nitrile glove maker says the consumption of gloves worldwide will continue to increase because of changes in user behaviour.

Speaking at a press conference after the group’s AGM yesterday, Hartalega CEO Kuan Mun Leong said the Covid-19 pandemic has changed user behaviour, and that was driving up demand for gloves.

“Demand in developed countries has increased 30%, while in developing countries, demand has more than doubled, ” Mun Leong said.

Due to heightened hygiene and safety awareness, there is now a structural step-up in the use of gloves, he said, adding that this was why the medium-term outlook for glove demand would remain strong.

The industry, he said, was currently facing a huge shortage, with about 120 billion pieces of gloves as additional demand.

“This demand can only be fulfilled in three years, ” Mun Leong said, adding that the industry would not see an oversupply in the next three to four years despite players actively ramping up their production capacities.

Mun Leong pointed out that without the pandemic, global demand for gloves typically expanded at an average of 8%-10% per year.

Meanwhile, Hartalega executive chairman Kuan Kam Hon said the company was constantly expanding at an average rate of about 20% per annum, which was slightly more than the organic growth in the industry.

“For us, the situation for the next three years is that of supply not meeting demand, ” Kam Hon said.

“Even if we have extra gloves by the fourth year, it goes into inventory building. When you have a supply shortage, you are not able to build inventory, ” he added.

On capacity expansion, Mun Leong said Hartalega was currently accelerating growth through its next generation glove manufacturing complex (NGC) to to meet the demand.

“To date, we have commissioned 10 out of 12 production lines for plant six, while for plant seven, the first production line is on-track for completion by October 2020, ” Mun Leong said.

The group recently acquired a 24.23ha land in Sepang, Selangor, adjacent to its NGC plant seven, for RM158mil.

The group plans to build four new plants on that piece of land with an investment of RM1.5bil.

“The first line will start production in October 2021, ” Mun Leong said.

Upon completion, the four new plants would add 19 billion pieces per annum in installed capacity.

In addition, Hartalega is expected to invest RM3bil for its next expansion phase, code-named NGC 2.0 to build seven factories on a 38ha in Banting, Selangor. The first production line is expected to be commissioned in the first half of 2022.

Mun Leong said once fully completed by 2027, Hartalega’s expansion plans would see the group’s total annual installed capacity increase to 95 billion pieces per annum.

Hartalega’s net profit more than doubled to a record RM219.7mil for the first quarter ended June 30,2020, while revenue jumped 44% year-on-year to RM920.1mil.

Mun Leong said Hartalega is expected to continue posting better results in the quarters ahead, supported by rising average selling prices due to strong global demand for gloves.

Glove prices, he said, are now three times as high as they were in pre-Covid-19 days.

This quarter alone, spot prices for gloves jumped 30%, and he expected them to increase 40%-50% in next quarter.

Posted by denzadesu > 2020-09-16 11:40 | Report Abuse

https://koonyewyin.com/2020/09/16/warren-buffett-should-consider-investing-in-malaysias-big-4-rubber-glove-manufacturers/

Posted by hahasong > 2020-09-16 11:48 | Report Abuse

U.S. vaccine side effects! Gloves fly tomorrow!

https://www.sinchew.com.my/content/content_2343498.html?fbclid=IwAR1U_xdVSDsS8focDNxcmKugu8jRQaJb7X4D29trwFA8bu0_-6Bg_sUWE-M

Posted by hahasong > 2020-09-16 11:49 | Report Abuse

美国疫苗副作用！明天手套股飞！

https://www.sinchew.com.my/content/content_2343498.html?fbclid=IwAR1U_xdVSDsS8focDNxcmKugu8jRQaJb7X4D29trwFA8bu0_-6Bg_sUWE-M

Posted by izulemas > 2020-09-16 11:50 | Report Abuse

TP 2.50

Posted by warrantsmaster0 > 2020-09-16 11:56 | Report Abuse

: https://klse.i3investor.com/blogs/trading_warrants/2020-09-13-story-h1513467113-Take_Research_Reports_with_A_Pinch_of_Salt_Glove_Warrants.jsp

Posted by jwyap > 2020-09-16 11:59 | Report Abuse

https://www.sinchew.com.my/content/content_2343498.html?fbclid=IwAR1SYU3TVTmaOL80PTldt6Kj2aA-sm7EslyvPNnF3S6-k1NjLgmAvbOgiHY

Posted by TigerWoods > 2020-09-16 12:04 | Report Abuse

Buy now... sentiment will push this stock till at least 2.50

Posted by humongainz > 2020-09-16 12:06 | Report Abuse

lol. goreng counter. sure sapu sapu sapu sapu

Posted by Woodswater > 2020-09-16 12:14 | Report Abuse

TigerWoods Buy now... sentiment will push this stock till at least 2.50
16/09/2020 12:04 PM

What will u do ( hold / sell?) once hitting RM 3?
Mind to share?

Posted by humongainz > 2020-09-16 12:18 | Report Abuse

actually no. downgrade to non-goreng trash stock.

Posted by TigerWoods > 2020-09-16 12:25 | Report Abuse

If careplus can hit high of 5.00, this stock can hit 2.50 la.

Posted by Woodswater > 2020-09-16 12:30 | Report Abuse

TigerWoods If careplus can hit high of 5.00, this stock can hit 2.50 la.

So what action u ll take once Rm 3?

Posted by Woodswater > 2020-09-16 13:20 | Report Abuse

Trump predicts Covid-19 vaccine could be ready in weeks https://newswav.com/A2009_638mwc?s=A_e2fx1hB

Posted by MickeyLimitUp > 2020-09-16 13:39 | Report Abuse

Happy Malaysia Day HLTians.
Tomorrow immediate resistant will be 1.92, once break thru will be above 2.00.
Next resistant will be 2.17, once break thru, Friday might see a new height. So TP2.50 by this week is possible.
If this week TP achievable, next week next TP will be 3.00 with resistant of 2.57
This is not a buy or sell call, just my 2cents opinion.
Happy trading on the Golden Gloves Month. See you at the Top.

Posted by TigerWoods > 2020-09-16 14:12 | Report Abuse

Woodswater what action u ll take once Rm 3?

Ill buy a house!

Posted by Woodswater > 2020-09-16 14:34 | Report Abuse

Perhaps i ll change my new id as

TIGERWOODSWATER!

WAKAKAKAKA