Highlights
KLSE: HARTA (5168)       HARTALEGA HOLDINGS BHD MAIN : Health Care
Last Price Today's Change   Day's Range   Trading Volume
17.80   0.00 (0.00%)  0.00 - 0.00  0
Trade this stock for as low as 0.05% brokerage. Find out more.

Overview

Market Cap: 61,011 Million
NOSH: 3,428 Million
Avg Volume (4 weeks):8,602,895
4 Weeks Range:16.10 - 19.24
4 Weeks Price Volatility (%):
92.52%
52 Weeks Range:5.08 - 21.16
52 Weeks Price Volatility (%):
84.12%
Average Price Target: 17.17
Price Target Upside/Downside: -0.63

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2020 [#1]  |  04-Aug-2020
Next QR | Est. Ann. Date: 30-Sep-2020  |  05-Nov-2020
T4Q P/E | EY: 108.86  |  0.92%
T4Q DY | Payout %: 0.43%  |  46.59%
T4Q NAPS | P/NAPS: 0.7907  |  22.51
T4Q NP Margin | ROE: 17.56%  |  20.68%

Headlines

Date Subject
22-Oct-2020 下跌股:贺特佳 RM16.64支撑
21-Oct-2020 手套股卖压沉重‧马股失守1500
21-Oct-2020 Music still loud at the GLOVES party
20-Oct-2020 LET'S GET ROLLING THIS GLOVES TO NEXT LEVEL!!!
19-Oct-2020 IT'S A TIME FOR THIS GLOVES GOING TO SKYROCKET!!!
17-Oct-2020 上升股:贺特佳 阻力RM18.70
16-Oct-2020 GLOVES cement dominance in Malaysia as virus spikes
16-Oct-2020 8 things I learned from the 2020 Hartalega AGM - Shak Chee Hoi
15-Oct-2020 Are Malaysian GLOVES losing the US market on labour issues?
15-Oct-2020 热门股:贺特佳 上挑RM18.74
14-Oct-2020 【行家论股/视频】贺特佳 平均售价推高财测
14-Oct-2020 Hartalega's glove capacity booked up till end-2021
14-Oct-2020 Hartalega Holdings - Elevated ASP
12-Oct-2020 Traders Brief - Volatility Ahead Amid Virus Spike And Lingering Political Uncertainty
11-Oct-2020 Why is Hartalega my only ⭐️⭐️⭐️⭐️⭐️ glove stock?
10-Oct-2020 Can the glove stocks hold steady?
08-Oct-2020 疫情续带动需求 ·手套股仍看高一线
08-Oct-2020 Traders Brief - Wild Swings Ahead After Crucial 1500 Breakdown And Virus Resurgence
08-Oct-2020 Gloves Sector - Rising Cases to Sustain Demand Trajectory
08-Oct-2020 Traders Brief 8 Oct 2020 - MARKET REVIEW

Business Background

Hartalega Holdings is a holding company whose subsidiaries manufacture and sell a variety of nitrile and latex gloves. The company's gloves are used in laboratories and healthcare facilities. The gloves are also sold to manufacturers of semiconductors and consumer electronics and for automotive maintenance and spray painting. The company organizes itself into six segments based on geography: North America, Europe, Asia, Australia, Malaysia, and South America. More revenue comes from the North America segment than any other.
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  8 people like this.
 
whenarmada i had a nightmare with this counter, lucky escape for me, good bye Mr. Kuan
21/10/2020 4:41 PM
CCMENG152351 Don't worry , Harta was always the best.
21/10/2020 4:47 PM
wkc5657 @whenarmada

I guess you switch to timecom, very slow movements and not theme related for this period of time, less fluctuations....you can sleep well with this counter as the earnings are like clockwork. I would say beneficial because more networking requirement for work from home/MCO limitations.

If you fancy quick swing trade, you need more experience, a strong gut feeling/intuition for news flows and quick fingers plus very strong stop loss targets.

Keep your emotions in control and just learn from your mistakes.

You better don't touch gloves stocks anymore, i don't think the glove theme euphoria 2-3 months ago will be happening again although i myself think that it will make new highs within 6 months timeframe. Just that there will be lots of gyrations.
21/10/2020 5:02 PM
farid Investors are taking profit on the vaccine news. But this is a short-term movement,” Areca Capital Sdn Bhd chief executive officer (CEO) Danny Wong Teck Meng said .
21/10/2020 5:11 PM
stocktrade101 what's the latest vaccine news that caused all gloves to drop?
21/10/2020 5:55 PM
Mabel Price Fluctuation is part of the Playing Fields...

It's all in the family..

Top Glove is like the eldest son in the family, leader of the pack, responsible, and always brilliant..a good problem solver.

Hartalega, is like a young mother. Quiet, full of skills and talent, in fact, very unique and continue to perform when it matters. She inspires her 3 brothers

Kossan is like the confused child in the family, doesn't know what he wants in his life, need to coach, he needs a real good god father to guide him slowly.

Supermax, is the youngest, naughty, restless, annoying and irritating, but when he shows his brilliance and on fires, even his two elder big brother get scared..

Mabel loves them all

Today, Investors are taking profit on the vaccine news. But I believe is a short-term movement since the big four rubber glove counters, collectively, have gained some RM147.42 billion worth of market cap. This is equivalent to 36% of the total market cap increase from all the stocks listed on Bursa Malaysia.

Mabel Gloves Supermax and Kossan are expected to replace Genting Malaysia Bhd (GENM) and Genting Bhd (GENT). Both will join her brother Top Glove and Hartalega in KLCI

Mabel has done research and found that Technology & Healthcare Sectors are currently very strong.

If you don't sell you don't lose anything ...

Stay invested..

Meow..
21/10/2020 6:12 PM
whenarmada i agree with you all. I m just telling my experience, for a superb counter like Harta to endure such a drastic drop of 50%., in such a short period of time. and become a laggard compare to Topglove and supermax. It wasnt a good feeling at all.

I have been trading for more than 3 decades. I made money and without being trapped. I was thinking I would be trapped for the first time. I was damn lucky to get back my money with a small profit.

I will be more careful next time. Glove counters are sensitive to vaccine news, and we know that vaccine news will never stop coming and haunting in. And more importantly, no matter how good the company result is, once the vaccine is available, I dont think glove counters will shine anymore, I wont buy Harta anymore, will consider Topglove if the drop is substantial.

I apologize to those investors that are still holding Harta. if my comment doesnt make sense to you. but big thank to Mr. Kuan for me to escape this ordeal.
21/10/2020 8:16 PM
joesephlim Just because of old vaccine news surfacing again does not mean the primary trend of glove counters has been violated. It is only a pullback in a short term overbought technical mkt that fearful mkt particpants have found every reason to take profits which have been well absorbed by institutions dip buying strategy on humongous earnings visibility for the next few quarters.
Let the contra players and weak retail players get out of their long positions for strong hands smart investors to buy and collect cheaply into todays' profit taking round.
Investors staying the bull course not letting short term gyrations cloud their medium to long views on glove counters demamd fundamentals resulting in strong earnings every quarters financial release will get to enjoy decent dividend payouts and price appreciation in due course.
My selling zone for TG at 10.50 ringgit still remains unchanged before end November for profit taking. Yet better still, my medium to long term target at 16 ringgit still remains unchanged!!!
21/10/2020 8:35 PM
lancefire Looking at the drop today, the first hour of trade tomorrow will decide the tone for the rest of the day. I think selling would most likely continue as no reversal pattern yet
21/10/2020 8:51 PM
roger1138 Nothing to do with Mr. Kuan.
It's your own investing strategy. Do not know when to take profits or cut loss. Set your own target and do not listen to bank researchers. You will be caught bcos of them giving high TP.
21/10/2020 9:02 PM
Kendo Ken Hz Drop more? Pick up cheap bargain
21/10/2020 9:15 PM
stockraider Stop bullshitting the Gloves advances is likely be halted due to the falling reasons loh:

1. Excess capacity due to massive expansion of existing manufacturers capacity and coming on stream of new players loh..!!

2. Commissioning of new covid19 vaccines mah..!!

3. Herds mentality...Remember SARS epedemic die off naturally..about 1 year after it started so covid19 the most could be between 1 to 2 years loh...!! Spanish Flu kill 15% of world population die off after 3 years mah...!!
21/10/2020 10:31 PM
LiimInvest KUALA LUMPUR (Oct 21): My EG Services Bhd (MyEG) said its COVID-19 platform can be used to organise subsidised COVID-19 screenings for workers in areas currently under the Conditional Movement Control Order (CMCO).

In a statement, the group said that employers can verify the eligibility of their workforce for Social Security Organisation (Socso) coverage, after which they can arrange for their eligible employees to be tested without any upfront payment.

The e-government service provider said it will directly liaise with Socso on the subsidies for the screening costs.

On-site testing at business premises by trained medical staff is also available, the group said.

Once the screening has been completed, employees will be issued with a digital certificate by MyEG in the form of a dynamic QR colour code on a mobile app, which would indicate the test results for verification purposes.

“As part of a collaboration between the Department of Labour of Peninsular Malaysia and MyEG that commenced in August, the QR-based digital certificate is recognised by the department as proof of testing.

“Under the collaboration, MyEG will also share with the department other relevant real-time data from the one-stop portal to assist the Department in its monitoring and enforcement of employers' compliance with the government’s directives,” added MyEG.

On Monday, Senior Minister (Security Cluster) Datuk Seri Ismail Sabri Yaakob announced that the National Security Council has instructed managerial and supervisory-level employees in areas placed under the CMO to work from home staring tomorrow until the CMCO expires.

Following the announcement, the Human Resource Ministry said Socso contributors in CMO areas can go for free COVID-19 screening.

"Shares in MyEG finished 0.71% or a sen higher at RM1.42, valuing the group at RM5.1 billion. The counter saw 20.37 million shares traded.
21/10/2020 10:37 PM
universeck 1) Already mentioned earlier to wait till end Oct or early Nov before reenter. Let those warrants expire first. Why want to knock you head knowing IBs will press down the price?

2) The sell down in glove counters had nothing to do with vaccine availability affecting glove demand. Look at no glove Mah Sing price holding firm despite run up in the past few days. It would have crashed too if demand for glove really decimated. Reason Mah Sing did not drop is because there are no warrants expiring on the counter and no IB manipulating the price.

3) Take this opportunity to collect if price drop more tomorrow. First gen vaccine efficacy is only 50% ie 50% of the population will still get infected if exposed. Hospitals will still implement the same strict SOP and glove usage will still remain elevated till at least 2022.

4) Contra kaki stay away from gloves if you cannot invest long term. This is a long term business. Those who bough just hold on long term. The peak for glove price has yet to come.

5) Avoid CWs when you see the mother share rising steeply and the CWs in the money. You may think you spotted a good deal and other investors are dumb to buy mother share instead of warrant. Just wait till IB press down the price and you lose all money in the CW. You will know who is dumb in the end.

6) Stay away from the wannabe new glove comers. By the time they completed the factory, pandemic might be under control by 2022 and price normalising. The big 4 with low cost advantage can survive and press down the price to push the new entrants out of business. This is not the first time glove industry going through boom and bust. Only the fittest will survive and the new ones are unlikely to be around for long. Just look at the new face mask manufacturers closing down one after another. Only the old boys still remain strong. Same will happen to gloves here.

7) Harta has the lowest cost among the big 4 before the pandemic. Topglove is chasing up with automation and cost reduction but due to difference in ASP, it's hard to tell if Topglove will eventually be on par with Harta in term of cost per unit glove. Supermax will be the highest margin due to OBM but doubt it's doing enough to cut down cost.

8) Look beyond 2022 when pandemic is brough under control and price normalising. It will not come back down to pre crisis level as era of cheap labour is over and glove companies will pay more to foreign workers to avoid being accused of forced labour

9) Sri Trang is playing dirty tricks to hit Malaysian glove manufacturers. The current issue with US CBP was due to their instigation. Magma should hit them back. Sri Trang factories are likely staffed by illegals from Laos and Myanmar living in worse conditions.

Hope all make more money. Cheers!
21/10/2020 10:48 PM
CoolBull Posted by wongkl0307 > Oct 21, 2020 11:59 PM | Report Abuse

8:48 p.m. Brazilian President Jair Bolsonaro says on Facebook that his government will not buy China's Sinovac vaccine, after the health minister said on Tuesday it would be included in the nation's immunization program.

https://asia.nikkei.com/Spotlight/Coronavirus/Coronavirus-Free-to-read/Coronavirus-latest-Czech-Republic-orders-lockdown
22/10/2020 12:46 AM
GoldenHarvest1 Five South Korean citizens die after flu shots, triggering vaccine concerns

https://www.theedgemarkets.com/article/five-south-koreans-die-after-getting-flu-shots-sparking-vaccine-fears
22/10/2020 1:13 AM
Gargoth Brazil reversed its decision
22/10/2020 9:03 AM
Mabel Nice and lovely...

Fantastic Four is back on track...

Meow Meow Meow Meow
22/10/2020 9:04 AM
Gargoth Brazil reversed its decision in buying china vaccine
22/10/2020 9:19 AM
Gargoth https://www.google.com/amp/s/www.ndtv.com/world-news/will-not-buy-chinas-sinovac-vaccine-says-brazilian-president-jair-bolsonaro-2313688%3famp=1&akamai-rum=off
22/10/2020 9:20 AM
NoNonsenseHere Remember Hartalega's boss' words:
"Glove supply will not meet demand in next three years"
Supermax's QR on Oct 28 expected to hit 1 billion easily.

Supermax's fair price is really RM20 for now. RM25 next 3 months. Why?
Because it is still a small company. Maybank market cap is RM80 billion. Supermax is only 25 billion.

AND

Supermax's profits this coming quarter (October 28) is expected to hit RM1 billion which is HIGHER than Maybank's 940m.
Fantastic.

Supermax's Canada OBM Aurelia Gloves™: https://aureliagloves.com/about/

Supermax OBM Mask BeyondMask™: https://mybeyondmask.com/
22/10/2020 9:20 AM
roger1138 Fantastic. Throw Harta, Buy SM
22/10/2020 9:27 AM
Allenlee https://www.klsescreener.com/v2/news/view/743283
Not far from the period of explosive growth of Covid-19 in the US and Europe
22/10/2020 9:35 AM
PZOGRO GOLDENLUCK16. CAN ADVISE WHEN WOULD HARTA CW EXPIRE SOON ALSO? XD
22/10/2020 9:37 AM
Morpheus61 https://imgur.com/KVsaLxJ

https://imgur.com/cEk679H

All warrants on KLSE. Please refer for your own good. Prices of the mother share of each 'Underlying' equity will reflect the reflect the warrant Exercise value (And the Hedge in some cases). Literally, you do NOT own your life, the IBs do. The Creeps.
22/10/2020 9:42 AM
Gargoth https://www.google.com/amp/s/www.ndtv.com/world-news/will-not-buy-chinas-sinovac-vaccine-says-brazilian-president-jair-bolsonaro-2313688%3famp=1&akamai-rum=off
22/10/2020 9:45 AM
PZOGRO THXS MORPHY61. HARTA C35 IN THE MONEY. EX ON 27 NEXT WEEK. X D
22/10/2020 9:51 AM
Morpheus61 PZOGRO, yes. That's why they pushing the price down. If it's in anybody's power please push it back up. Let the IB burn.
22/10/2020 9:55 AM
joesephlim I must congratulate brave hearted Harta supporters for doing dip buying since yesterday and early morning trade below the 18.00 ringgit as the primary trend of Harta short term is still intact and unchanged as small abberation resulting in minor pullback is not an issue for the next advance.
My first target Harta to date is 21.10 ringgit for profit taking round.
Medium to Long term I have a higher target to 27.50 ringgit first half 2021 on humongous earnings visibility for the 12 months or so.
Investors just need to follow the upward trend which is your friend until it bends!!!
Due diligence is warranted!!!
22/10/2020 10:04 AM
Mabel Meow joesephlim !

You are a real Darling..

Bursa Trade Statistics:
Local Institutions (44.0%): -RM9.4m
Local Retail (40.6%): +RM172.1m
Foreign (15.4%): -RM162.7m

Yesterday Gloves Sell Off are by the Foreign Fund and Local Institution. Sell on vaccine news since they don't know what they are doing...

Local Retailers (all of us loyalist who has done their homework) were the Net Buyers from yesterday panic sell off because we know what we are doing.

Today all Gloves Fantastic Four make a very strong rebound!

Well done everyone!.

Meow Meow Meow Meow
22/10/2020 10:22 AM
cax1814 Harta hold long term. U won’t regret!
22/10/2020 10:43 AM
Wt6669 gogogo harta
22/10/2020 10:45 AM
cax1814 Yesterday big drop, I go to sleep.
See, today climb up again.
No need worry to hold long term, COVID 19 story still long long to go !
22/10/2020 10:46 AM
Mabel If it’s too hard to estimate the probabilities of the events or the likelihood of favourable outcomes is too low, that’s when we should take a step back and move into the next opportunity. The best poker players are able to do this very well. They bet heavily when the odds are in their favour( after doing their homework), otherwise, they don’t bet at all.

This is what the team here is doing...

Meow
22/10/2020 10:51 AM
cax1814 See go back to 18.50 !
Now buy glove and medic share daily movement is very big, but if u think another coming 6 months to 12 months, what share u can buy then u will steady and cool down ....
22/10/2020 11:18 AM
Wt6669 market today sienz close shop go shopping household thing
22/10/2020 11:47 AM
Wt6669 market today sienz close shop go shopping household thing
22/10/2020 11:47 AM
Morpheus61 RM 13 BILLION !!!

The amount of money raised from issuing warrants. And that's only for roughly one and a half to 2 years(Most Recent). Amazing !!!

https://imgur.com/4NvuO85

https://imgur.com/gXzGjDR

https://imgur.com/rEjkKqU
22/10/2020 1:57 PM
NoNonsenseHere -
The naysayers say, "HOW CAN SUPERMAX EARN RM1 BILLION IN ONE QUARTER?"

The answer:

Supermax's Canada OBM Aurelia Gloves™: https://aureliagloves.com/about/

Supermax OBM Mask BeyondMask™: https://mybeyondmask.com/

Supermax's is earning USD and Canadian Dollars with their own brand marketing and huge production capacity of gloves and masks.

Maybank market cap (80b) (RM940 million profit previous quarter) is THREE TIMES larger than Supermax (26b) (RM1 billion profit Oct 28 QR) but Supermax defeats Maybank's profits.
Fantastic.

By the way Harta only made 220 million last quarter. Supermax made 400 million last quarter.
Next week, Supermax projected profits are RM1 billion but Harta's next quarter expected to do only RM500 million.

Supermax always has TWO TIMES the profits of Harta. But Supermax market cap is two times smaller than Harta. Says something. Supermax is growing.
22/10/2020 2:21 PM
roger1138 What is happening? All glove shares sliding down.
22/10/2020 3:01 PM
goreng_kaki harta babi
22/10/2020 3:08 PM
Keyman188 Why so fumble !!!....

Harta already moved up from 11.54 to 19.24 lorrr....

almost appreciated by 67% just within a month......

What can you expect...kekeke...kekeke...

All "Players" already run liao....
22/10/2020 3:44 PM
Pgraduate123 I dun understand news abt vaccine.... The news stated Korean people dies from the flu shot, no effective vaccine, USA out of control, Europe hospitals on the brink....... How on earth people interpret these vaccine news as Bad for gloves???? Real donkeys.
News abt vaccine in English means got confirmed vaccine, millions took it and no side effects...covid is gone... That's vaccine news La!!
22/10/2020 3:47 PM
Wt6669 gogogo harta green mari
22/10/2020 4:06 PM
Wt6669 hahaha gogogo green d
22/10/2020 4:28 PM
kd88 AstraZeneca COVID-19 vaccine trial Brazil volunteer dies, trial to continue
22/10/2020 4:49 PM
Thunder96 https://covid19.who.int/?gclid=Cj0KCQjw28T8BRDbARIsAEOMBcwD6SE-TTFk9uA...

WHO new case daily make new record high today, 423,819 new case today, you can see from chart when the daily case spike new high glove counter will fly.
22/10/2020 10:51 PM
22/10/2020 10:51 PM
immobile45 corruption is good
22/10/2020 11:50 PM
Mabel @universeck 1) Already mentioned earlier to wait till end Oct or early Nov before reenter. Let those warrants expire first. Why want to knock you head knowing IBs will press down the price?

2) The sell down in glove counters had nothing to do with vaccine availability affecting glove demand. Look at no glove Mah Sing price holding firm despite run up in the past few days. It would have crashed too if demand for glove really decimated. Reason Mah Sing did not drop is because there are no warrants expiring on the counter and no IB manipulating the price.

3) Take this opportunity to collect if price drop more tomorrow. First gen vaccine efficacy is only 50% ie 50% of the population will still get infected if exposed. Hospitals will still implement the same strict SOP and glove usage will still remain elevated till at least 2022.

4) Contra kaki stay away from gloves if you cannot invest long term. This is a long term business. Those who bough just hold on long term. The peak for glove price has yet to come.

5) Avoid CWs when you see the mother share rising steeply and the CWs in the money. You may think you spotted a good deal and other investors are dumb to buy mother share instead of warrant. Just wait till IB press down the price and you lose all money in the CW. You will know who is dumb in the end.

6) Stay away from the wannabe new glove comers. By the time they completed the factory, pandemic might be under control by 2022 and price normalising. The big 4 with low cost advantage can survive and press down the price to push the new entrants out of business. This is not the first time glove industry going through boom and bust. Only the fittest will survive and the new ones are unlikely to be around for long. Just look at the new face mask manufacturers closing down one after another. Only the old boys still remain strong. Same will happen to gloves here.

7) Harta has the lowest cost among the big 4 before the pandemic. Topglove is chasing up with automation and cost reduction but due to difference in ASP, it's hard to tell if Topglove will eventually be on par with Harta in term of cost per unit glove. Supermax will be the highest margin due to OBM but doubt it's doing enough to cut down cost.

8) Look beyond 2022 when pandemic is brough under control and price normalising. It will not come back down to pre crisis level as era of cheap labour is over and glove companies will pay more to foreign workers to avoid being accused of forced labour

9) Sri Trang is playing dirty tricks to hit Malaysian glove manufacturers. The current issue with US CBP was due to their instigation. Magma should hit them back. Sri Trang factories are likely staffed by illegals from Laos and Myanmar living in worse conditions.

Hope all make more money. Cheers!
21/10/2020 10:48 PM

Thank you universeck !

You are another great Darling!

Same to you too!

Meow
23/10/2020 7:36 AM
ProsperousRealm Remdesivir ineffective in covid-19 trials

https://m.benzinga.com/article/17932966?utm_referrer=https%3A%2F%2Fklse.i3investor.com%2Fservlets%2Fforum%2F800001345.jsp%3Fftp%3D1413&utm_source=https%3A%2F%2Fklse.i3investor.com%2Fservlets%2Fforum%2F800001345.jsp%3Fftp%3D1413
23/10/2020 8:24 AM


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