HARTALEGA HOLDINGS BHD
KLSE (MYR): HARTA (5168)
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Last Price
1.74
Today's Change
-0.03 (1.69%)
Day's Change
1.64 - 1.80
Trading Volume
150,442,400
Analysis
Discussions
10 people like this. Showing 50 of 25,590 comments
Side note, for those interested to hear different perspective, check out FIRL Guys on YouTube, they've made a video on glove sector recently and the info coverage is pretty good.
3 hours ago
POWER ROOF BOMBSHELL NUCLEAR ATTACKING ....... BREAK OUT ALL ROAD BLOCK ..HEADING TO NEW ERA PRICING .
2 hours ago
QuirkyWay...agreed with yours and BangMiskin assessment...China seems like in the point of breakdown now with the property, banking and covid issue...gosh...looking at todays news there on Ikea containment due to covid, those people ran out helter skelter as if the apocalypse is coming. China definitely has its own big problem to settle at this moment, definitely interesting to see how the china manufacturers throwing the price like there is no tomorrow...at the same time with the military testing by china near the straits of taiwan, there are still possibilities in the coming day, probably not at this instant
2 hours ago
Thank you Quirkyways, will definitely look into FIRL youtuber comments on the glove sector
2 hours ago
Indian fortune latest brief , HARTALEGA next GIANT CHIPS in earth , many will INVEST ON IT ....... EVEN MORE THAT LAST PANDEMIC TIME , HIS WORD .....MAKING AFRICA BOOST UP ...CHASE HARTALEGA UNTIL ORE .
2 hours ago
LOL wtf is Indian fortune latest brief, khatu pulls the most random shiz from everywhere and put them into a comment.
2 hours ago
Supermax total capex in US for phase 1 and 2 is USD550 millions (RM2.4 billions) and next few quarters few hundred millions negative cash flow
2 hours ago
ALL thirsty , starving , drowsy , itchy , dizzy , sudden disappear all , possible is SHARP RECOVERY MAGIC MEDICINE ..... ALL SINCE RESCUE BACK .
2 hours ago
Quirkyways...agree to disagree ...though i just dont understand most of the comments from khatu
2 hours ago
You possible not up to GRADUATE standard to understand THE INGREDIENT .... especially I AM FINANCE AND ECONOMIC GRADUATE ..... MORE FOCUSING ON DATA AND CAPTURE .
1 hour ago
2 million chips again making today WIND CLOUD RECOVERY , very strength draw up the sentiment , HARTALEGA brand name IMAGE .
1 hour ago
Hartalega carry out very FANTASTIC DUTIES , it since ATTACKING THOSE BLACK HAND to invasion .
1 hour ago
DIVER not a issue , HARTALEGA defense back even DIVER DEEP PLAYGROUND .....making the sentiment WATER DIVER FIRE HOT PHENOMENA ..... see also TRIGGER PLUS THRILLER .
1 hour ago
I Confident on THURSDAY OR FRIDAY .....heading to GREEN FAHRENHEIT ......future BRIGHTER .
1 hour ago
Did someone kill the crazy trader at EPF that keep pressing Sell? No more heavy selling anymore lol.
1 hour ago
EPF is a FIRECRACKER SEEDS , burn off MANY hard coin invest on hartalega , stolen ROBBERY ON DAY TIME .
1 hour ago
lol then we should stop donating 12% of our salary to EPF every month. They will collapse in no time.
1 hour ago
Matklse...mungkin breaktime sekarang, re-energize with more bullets to fire again all over the place tomorrow...lol
1 hour ago
as per the history EPF will continuously selling for 2 weeks, highly EPF will continue dumping till Friday. As long as EPF not stop the selling Harta won't up. But please note EPF will also collect while sell, you can check back the news while the vol is 40m but EPF only sell 8m. That's how it play buy low sell high, it sold at high points then later buy back again
1 hour ago
11 Aug: Vol 23M, EPF sell 8M
12 Aug: Vol 48M, EPF sell 23M (bal 196M, 5.74%)
15 Aug: Vol 50M, EPF ?
16 Aug: Vol 197M, EPF ?
17 Aug: Vol 150M, EPF ?
EPF should be no longer holding > 5%, is good sign.
EPF fast sell out and don't come to kacau the Harta
42 minutes ago
this Friday we should see the below news:
Notice of Person Ceasing of Substantial Shareholders - EMPLOYEES PROVIDENT FUND BOARD
But EFP highly might fully sell out all the units, that's why TG becomes the penny.
Hope Harta can be more tanky and get thru it. Time to pay back to the EPF
33 minutes ago
KUALA LUMPUR (Aug 16): The big four glove counters, namely Top Glove Corp Bhd, Hartalega Holdings Bhd, Kossan Rubber Industries Bhd and Supermax Holdings Bhd were among Bursa Malaysia’s most active counters on Tuesday (Aug 16).
All except Hartalega, which topped the actives list but slumped for the fifth straight session, saw their share prices climb.
When contacted, Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said the share price climb is a technical rebound as glove stocks have been oversold.
But Thong expects the rebound to be short-lived as glove makers are still bracing for industry-wide headwinds caused by an acute oversupply and margin compression due to falling selling prices.
Hartalega fell nine sen or 4.84% to RM1.77 on Tuesday — its lowest in about six years since September 2016 — after some 197.09 million shares were transacted, giving it a market capitalisation of RM6.17 billion. It has lost RM1.03 or 37% since last Tuesday (Aug 9), when it closed at RM2.80. Year to date (YTD), Hartalega has fallen 69% from its closing price of RM5.73 at end-December last year.
Top Glove, the second most actively traded stock of the day that saw 143.96 million shares done, snapped its seven-day losing streak to close four sen or 5.03% higher at 83.5 sen, giving it a market value of RM6.94 billion. But YTD, Top Glove has lost 68% from its end-2021 closing price of RM2.59.
Similarly, Kossan and Supermax rebounded. Kossan climbed 2.5 sen or 2.54% to settle at RM1.01, for a market capitalisation of RM2.58 billion, after 53.26 million shares were traded. It was the fifth most actively traded counter of the day.
Supermax, which was the 21st most actively traded stock, climbed two sen or 2.65% higher to settle at 77.5 sen for a market capitalisation of RM2.1 billion. It saw 20.98 million shares traded.
YTD, Kossan has dropped 47% from when it was trading at RM1.92, while Supermax has lost 90% from RM1.47.
Their smaller counterparts also gained.
Rubberex Corp Bhd rose 0.5 sen or 1.08% to settle at 47 sen, for a market capitalisation of RM430 million, while Comfort Gloves Bhd ended the session 0.5 sen or 1.04% higher at 48.5 sen, bringing its market value of RM283 million. Careplus Group Bhd closed one sen or 2.82% higher at 36.5 sen, valuing it at RM209 million.
Source: TheEdge - 17 Aug 2022
14 minutes ago
EPF started the selling since 1 Jul 2022, from 257M, 7.5% till now.
Harta price since then dropping from RM2.96 to RM1.74 (-RM1.22).
It is considered very tanky, 200M+ sold only drop 1.22, not bad
13 minutes ago
Estimation:
11 Aug: Vol 23M, EPF sell 8M
12 Aug: Vol 48M, EPF sell 23M (bal 196M, 5.74%)
15 Aug: Vol 50M, EPF ? assume 23M (bal 173M)
16 Aug: Vol 197M, EPF ? assume 80M (bal 93M)
17 Aug: Vol 150M, EPF ? assume 60M (bal 33m)
Estimation: EPF still has around 30 to 35M shares, almost done
5 minutes ago
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