Just to share a comment that I came across which I think is very true. This is nothing related to Harta.

Most of the investors losing money because they keep on average down on under performing stock without knowing the reason why the price is falling. This may cause the losses get multiplied.

We should actually get rid of losing stocks and keep the gaining one. But most of the investors did the opposite. Mostly will get rid of their gaining stock at little profit and keep on average down the losing one.

Thus, the better way to invest is to average up the gaining stocks.

Initially was thinking want to buy more at 5.7. Looking at the global sentiment I think have to plan again. High possiblity of gap up opening more than that. Probably just top up at the first dip after opening.

Based on what I have read about the new variant, so far researcher have confirmed this is the most infectious variant so far. More time is needed to ascertain whether it is more deathly than Delta. It may take up to weeks for researcher to find out. It means the fear may lasts for some time.

I expect my holdings in Harta will turn green by Monday. Will take a good ride this round.

We are discussing about sexy and pretty counters for next week. What do you guys talking about?

@condom004, that's not true. From my experience the not so sexy and pretty one will normally provide better service. Lol.

@linheng well said.

Going to prepare more funds for gloves next week

Nice.. 10% up today. Couldn't ask for more considering the price was heavily depressed just few days ago. So far lucky that managed to buy 2 batches at 5 and 5.5.

Positive side is seems like the momentum can sustain

Keep my bullets for next Monday

Lol.. Probably TG and Supermax looks cheaper per lot.

Price is still quite stable. Will add another batch if able to pass 5.7

I think will let it run from here. Will add some more if it can touch 5.7

Added some more before lunch time. Its much closer to my average now. Hopefully from red turn to green today.

Based on the market reaction and glove counters movement, seems like this new variant is more devastating than Delta. Hopefully not.

Luckily reits will have no risk of ESG issues.

They should settle the allegation first before thinking of getting back Dyson as their customer. Or else unfortunately they have to target other markets which ESG matter is not a priority with lower margin of course.

Dyson is an international brand. Customer willing to pay premium price for quality product. Don't think they can afford to be labelled as a company supporting forced labour. Reputation is more important than anything for company like Dyson.

This is the reality of stock market. The stock may looks strong and well supported but it may change everything with just one negative news. But losing a major customer and allegation on ESG issue is really bad. Lesson to this is have to really do enough due-diligence on the company's ESG performance. ESG is getting more important than the financial performance of the company now.

Seems like strong support. Should average up now?

Market reaction to the newly discovered Covid variant in Africa. Thats why market down but glove counters gone up.

It move the glove counters but bring down the market

Just another knee jerk reaction from the news of new Covid variant.

Didn't expect such strong impact from the new Covid variant to gloves counter.

Nice.. Just ride on it.

Glove counters really making a comeback

This on really either you curi ayam or you become the ayam that kena slaughter.

This is really insane.

Not sure why suddenly move up. It has been a long time since glove counters react oppositely to the overall market. Probably due to this negative news?

https://www.bbc.com/news/health-59418127

Andy Hall just use the same way and same accusation to attack companies one after another. Very easy work. Based on the pattern, he has tendency to attack those high growing industries.

I think more like due to increasing covid cases

Our market today is bad. More than 700 counters down. If can close in green consider lucky.

@johnzhang, Genp and Taann have different set of businesses. Not really a straight forward comparison. Aside from oil palm plantations, Genp is doing downstream, properties, and premium outlets. Taann mainly in oil palm upstream operations and timber. Just the oil palm plantation alone Genp landbank is more than double compare to Taann.

@pdchs, no buy before news how to sell on news? Lol...

The company has to improve it's products range to remain competitive. Even their website is so old school.

At first I was also worry about fake accounting issue as the company is making increasing profit every qtr. Now the report has proven those are real figures. And the best part is the figures may even better going forward as they addressed the gaps.

CMSB move to initiate the investigation made me think that the issue may not be that serious. Thus I held on. Luckily I was right

Furthermore, numerous delays to the investigation also raised suspicion to investors including myself. If the investigation was not initiated by the company itself, I think I also sold already.

The investigation report is neutral. What make the report positive is the price of the share was sold off and suppressed by the lengthy investigation. The share price actually fell from more than RM2 to RM1.2 due to continuous negative news due to the investigation. As the report doesn't show any negative findings, naturally the price should go back up. Hopefully.

Latest qtr result also not bad even MCO

At least now we can have a peace of mind as we know that we are investing in a company that knows it's own management gaps and finding ways to improve those gaps. No unforseen governance issue ahead as all have been identified by KPMG. In order to further increase investors confidence, the management should publish periodic updates to highlight the continuous improvements done on those gaps.

Probably from 1.2 go up to 1.4 consider half goreng. Full goreng after announcement. Lol

And as investor, we welcome better future corporate governance.

At least the report indicates there is no future impact from the past wrongdoings. That's what we need.

Looks like clear path ahead.

Investigation report came out. Just recommend the company to strengthen its corporate governance going forward. Realized losses incurred had been accounted for in the past financial results.

Seems like though time for reits also.

Increasing covid cases putting pressure to the price again. Never ending.

Unless CBP ban Harta, which I think is unlikely or poor upcoming Qtr result, which I would like to know too.