Unless he is a good hearted person like KYY who just wanna give back to the society.

I don't know this Tan Sri Gan. My advise to potential investor is to check his reputation. Invest only if his reputation is as good as KYY

Is yr above compliments abt KYY a sarcastic one?

Philip ( buy what you understand) For those who are not around investing in 2009 when I first bought topglove during the craze. Here is a historical chronology.

What was China's mkt share 10 years ago?

What is China's mkt share now?

What will be China's mkt share 10 years later?

Stock mkt is always fwd looking......

If only there is no fierce price competition resulting to Q losses or year losses in coming years....

If that happens, no more div n their cash reserves will be burned

What if Harta started to post losses in the coming Qs? Or even worse, years?

JPM said 6 years to turnaround....

Harta Kuans said 2 years.....

Philip said I hold tight tight for 5 to 10 years never scare....U think Harta will close shop meh???

To be frank, nobody (including Philip n myself) expect Harta's price to drop 70% fm its pre covid 19 prices (ard Rm5+) to the current 1.60+.....

Dont try to create panic lah aiyo WTF 0.10...

I think at worst 0.50+

Posted by CharlesT > 1 day ago | Report Abuse

Earlier Philip asked.....The question to ask is 3 years from now do you you can still buy harta at 1.6?

Maybe by then price drops another 70% fm 1.60+ to Rm0.50+ leh

Who knows...

U also never expect price to drop ard 70% fm yr first entry price of Rm5+ in Oct 2021 to Rm1.60 now right?


Philip do u expert price of Harta to drop another 70% fm the current RM1.60 to Rm0.50 in near future?

Everyone loves Philip.....

lol

Btw, Ah Chai of TG is very cheapskate one

They did enjoy their golden time in the past 10 to 20 years...

In the next 10 to 20 years....lets fight with China Glove n see who die first

The hard lesson he learned is never to mess with a 30 years old kid ......lol

Posted by LaoTzeAhSir > 2021-09-09 11:37 | Report Abuse

so many trolls trying to stay relevant at Philip's place. ridiculous.

In I3 so far I only see one PLP retaxd lah, LaoTzeAhSir.....

The question to ask is 3 years from now do you you can still buy harta at 1.6?

Maybe by then price drops another 70% fm 1.60+ to Rm0.50+ leh

Who knows...

U also never expect price to drop ard 70% fm yr first entry price of Rm5+ in Oct 2021 to Rm1.60 now right?

Thats why the high net profit margin....but dont know can enjoy for how long lah...maybe a couple of years

Low income tax rate..I think got some special tax incentive for them

Philip u could be 60+ or 70+ now i guess

But deep inside yr heart I see a 6 to 7 years old little boy

Yr argument is very funny...does my age matter to u?

U dont listen to those younger than you...

U only listen to those who r elder than U ah?

Then It seems KYY is the only one U listen loh ? He is 80+

Or whether I am a 30 years old strawberry generation or 80 years pineapple generations....

This is the most crucial question for u to answer.....

Instead of those childish matters u raised like i win u lose i m a man u are a boy etc

How long do u think this down cycle of glove will last?

JP Morgan's bullshit forecast is ard 6 years

The Kuans of Harta said it may take 2 years

What say U Philip?

Dont forget to eat pineapple everyday also lah

Philip is a very good Tai Chi Master....

I bet he has high chance to live to see his Harta to breakeven, as long as he continue to buy Harta lower n lower n lower for the next few years

Till now Philip no bola to answer all my question on glove outlook....

But he will spend hours to calculate n show me his decision to swap his in law's PB Bank into Pchem during 2019 is a very good one....though i just casually ask him abt that as I never folllow PB Bank

1.07......1,27.....

It seems the more bloodbath happens the higher the support is

Bloodbath to 1.27 only ah?

Where is Sifu rr88?? Time to start yr work

Do u realize that u are the only one to show yr so called real portfolio in I3?

Do u know why?

Or I have a 10 years shares portfolio here I m a man.... u dont show yr 10 years portfolio u are a kid u no fight with me?

How to explain to yr in law?

How to justify yr decision to buy lower n lower n lower n lower n lower n lower?

Harta now gives 3.5 cents div very good very happy?

Kuan Bros very handsome very smart?

They still hv Rm2B cash reserve to burn in the coming years very geng?

Quoted by Philip earlier

Time will only tell if those glove companies can continue to operate at a loss( they have already cancelled expansion plans) moving forward when things stabilise, harta superior quality, lower defective rate( best in the industry) and superior management will show true over time. Why not? They have been the best qa/qc for the last 20 years, and I don't see this moat changing.

Ya ya Harta has been doing very well for the past 10 to 20 years Philip's history n memory is still very good

But then why ASP drops like hell profit drops like hell share prices drop like hell plant under utilised (50% to 60% only) new projects on hold or delay...

U simply have no idea abt all this right?

Just like when u started to buy at Rm5+ or Rm6+ last Oct (thinking price is cheap as its back to pre covid 19 level later Father in Law will say Ah Philip Chai is very smart etc) n u never expect price to drop more than 60% in few months' time to Rm1.60+ right?

Lol....thanks for yr noble advice....

Philip can average down his Harta fm RM6+ all the way to RM1.60+ now...I believe he surely can do so for the next few years to 1.00 0.80 0.60 etc

U can ah?

If u cant time to look for a richman's son or daughter...alternately a rich sugar daddy or sugar mom also work i think

But Uncle Philip is a bit sneaky n selfish also.......

For years he pretended to educate you using his so called 10 years long term porfortlio...But if u follow so u will be stuck in Harta for the next 5- 10 years with him...n eventually high chances that u will be ended up poorer than now

Even u lose 50% u still hv RM50m+

How to build a RM50M portfolio in I3?

To marry a rich widow who owns more than RM100m

Too late...maybe time to look for a rich widow....even she is old n ugly...

Then got chance to inherit hundreds of million RM fm her....

So then can show off a portfolio of RM50m+ in i3

The best investment of his life

Philip is also very lucky to marry a rich man's daughter

Philip chooses to show his so called real portfolio in I3 a public forum for his very own reason

Then prepare to receive the feedback n comments whether it's good or bad ....positive or negative

U can only find one Philip in I3....

U can only find one CharlesT in I3....

Philip must be very happy to defeat me again.....bsides his QL vs my MNRB bet.....ya ya ya

So the final conclusion is Philip won.

No matter how good or how bad his shares investment skill....

He won.

Luck is one of the most important element in one's life

If u were born with a very rich daddy

If u married a rich man's daughter or son

Then u dont have to struggle like many of us here...trying very hard to earn peanuts day by day..and high chances are that so we will never ever reach the wealth level of Philip etc

Not everyone is as lucky as Philip

Unlike me if i buy Harta now n it drops to RM0.50 later I tua tai chi....

My money is all hard earned one

Posted by stockraider > 1 minute ago | Report Abuse

Philip has a big realised paper gain on TG share disposal mah , thus should be able withstand any storm on Gloves ASP decline impacting on harta mah!

He also has very rich in law no worry even Harta drop below RM1.00 lah...RM0.50 also boh tai chi

Drops more buy more U scare the Co will close shop meh (The famous quote by Dr.Edwin in Serbak's case)

If I m not mistaken (I could be wrong) Philip did apply this positive long term investment attitude in Aokam during 1990s...At the end he almost gone broke (at that time he has yet to have rich in law i think)

Second time Philip did this in Pchem (fm Rm8+ to RM4+) n this round he made it n PCHEM becomes his only successful investment case in I3

How much is yr paper loss in Harta now....Will ASP continue to drop in the next few years.... will Harta started to post Q losses if so how long will they suffer so shall i continue to buy more at 1.50 1.40 1.30 1.20 1.00 0.80 0.60 0.50

This is much more crucial to you lah

Proving yr return in PChem is better than PB Bank is meaningless...

Ops maybe its more meaningful to yr In Law so you will not kena cucuk by him?

Seriously Philip, If u have time u better spend it to study more abt glove mkt (and yr Harta) in the near future....

Rather than wasting time for those petty matters like my Pchem is better than PB Bank (making 5 or 6 percent return higher etc ) and I m doing very good n my in law says I m very panlai

WTF for all these leh...U maybe 70+ now but yr mentality is just like 7 years old

That is more interesting to me lah

N it can explain yr funny behaviour here