TP RM5, run when you still can

Windfall tax should apply to all individual that their salary above RM 100 K .....they earn too much ...minimum salary in Malaysia RM 1.2k 12 months ....RM 24 K .....if a person earning RM 100 K we should winfall tax the person at least RM 50 K..... I hope parliment appproved this win fall tax proposal...

go go go RM 6.2 , next RM 5.5

The sell down is not from big shark but ikan bilis ...big shark ady cash out since last year ... now ikan bilis cut loss , big shark just help to push a bit volume to make the price lower and collect lower price in future...

China will not focus on gloves, gloves is cheap items.....China will focus on high tech industry ....Like car, phone , computer , housing EV .....gloves is too cheap...they just buy from Malaysia...

I'm very happy v this sharp fall....kill off all investor ....last year many investor think they are 'Goat ''' now they are shit ...kiki

China will not concour all industry....look at Iphone still number one...even Huawei sellling cheap.....But cheap people from Asian still buying expensive Iphone....some people even willing using their three month salary to buy iphone.... This is truth ...Even iphone faccing the competitors like Huawei , Samsung xiaomi, vivo , oppo , oppa , oppma ...but Iphone still number 1 ....China is nothing ...

Finance misnister will meet the bosses from all gloves to support them and fight back the market share from china ....good move...

Thank you Huatexpert keep posting the fake data and scare off the weak holder ....hopefully more weak holder cut lose ....so i can buy more...

Billion profit company continue drop 12 months ...bravo

TP RM 2

Go go go Rm 6 first....

Harta TP RM 3

one important key point is they started AI.HAHAHAHAHAHAHA 20% reduce work force ....hahahahaha operating profit margin save at least RM 300-500 million per quarter..

The ASP will be at USD 40-50 for many years la...I expect 3-5 years....apa takut??

akun: you should explain why Harta got billion cash and why you dont have billion cash.... Why a lower mentality people request a higher mentality people to explain why?You should explain this also.

RSS working for EPF......Bursa helping EPF allow RSS to work at this critical period...Conclusion: EPF may order Bursa allow RSS to earn more from market so canearn the money citizen withdraw from EPF that invest in stock .... The money back to EPF but not EPF member ...kikiki

I heard they will short Kossan until Tan Sri give up and sell the company ...

2.5 coming soon

GST ...

Jovanechua: you buy a lot??

KUALA LUMPUR (Aug 2): Hartalega Holdings Bhd executive chairman Kuan Kam Hon said prospects for the rubber glove manufacturer remain strong in the short term as glove demand is projected to remain high as the Covid-19 pandemic generates demand for gloves, which are seen as a crucial form of personal protective equipment to curb the spread of the pandemic.

Kuan said in a statement in Hartalega’s latest annual report that while demand for gloves is projected to remain high for the short term, such demand is expected to reach an equilibrium and average selling prices for gloves are subsequently expected to stabilise.

"Nonetheless, we are confident that the group is well-poised to realise our aspirations for long-term growth, more so as we have a robust structure in place. Taking a leaf from our history, when Hartalega was first established more than three decades ago in 1988, there were many entrants coming into the glove manufacturing sector.

"Today, only a handful have withstood the test of time, with Hartalega standing firm as a trusted leader in the industry, and we continue to leverage our proven track record. Although in recent times, competition in the sector is intensifying with ambitious expansion plans by industry participants and new entrants coming into the sector, we are confident that we will be able to stay the course.

"To effectively manage the risk of rising operating costs and raw material costs, we will continue to work closely with our suppliers. This will enable us to ensure sufficient supply of raw materials and achieve a cost pass-through mechanism to mitigate potential impact,” he said.

According to Hartalega’s website and Bursa Malaysia filing, Hartalega’s existing glove factories are located in Selangor within Sepang district and Bestari Jaya town. The facility in Sepang is known as the Next Generation Integrated Glove Manufacturing Complex (NGC), according to Hartalega’s website.

Hartalega is also building new manufacturing facilities in Kedah. In a March 10, 2021 Bursa filing, Hartalega said the company through its wholly-owned subsidiary Hartalega NSM Sdn Bhd had on that day inked a sales and purchase agreement with Northern Gateway Free Zone Sdn Bhd, a wholly-owned subsidiary of Northern Gateway Sdn Bhd (NGSB), for the acquisition of approximately 250 acres (100ha) of land within the Kota Perdana Special Border Economic Zone in Bukit Kayu Hitam.

NGSB is a wholly-owned entity of the Minister of Finance Inc, according to Hartalega.

Hartalega said: "Concurrently, both parties (Hartalega NSM and Northern Gateway Free Zone) also signed an option agreement for Hartalega to purchase another 130 acres (520 ha) of land in the same location. The acquisition of 250 acres of landmarks Hartalega’s latest phase of growth, with an investment of RM7 billion to build 16 new manufacturing facilities over the next 20 years.”

In the annual report, Kuan said the remaining four lines of Plant 7 of the NGC are set to be completed by 2021 to increase Hartalega's annual installed glove production capacity by 2.7 billion pieces a year.

He said the completion of Hartalega’s NGC 1.5 facility will increase the group's capacity to 63 billion pieces of gloves a year.

"Subsequently, our expansion plans in Kedah will increase our annual installed capacity by another 80 billion pieces per annum. These expansion plans are aligned with our medium-term milestone to expand our annual installed capacity to 95 billion pieces by 2027.

"As part of our longer-term strategy, Hartalega's total capacity will increase to 143 billion pieces of gloves per annum with the completion of the Kedah facility,” he said.

At Bursa’s 12:30pm break today, Hartalega's share price settled up one sen or 0.14% at RM7.05, valuing the group at about RM24.18 billion.

Hartalega has 3.43 billion issued shares, according to the company’s annual report.

Aiyoyo.....Covid happen ady 20 months , now only apply FDA ar?? why so slow??

Target RM 15

Lawman: Thank you for your advise, I will buy more Harta if drop....

Rm 20 Buy, RM 15 Buy RM 10 BUY , RM 8 BUy .....RM 6.6....i think can go to RM 4.5 hahahahahahahahahahahahahaha

I wait RM 1

I heard many small glove makers and new player going to bankrupt.....they can offer cheaper price and huge volume ...

ASP peak peak la.....Eevery quarter can get dividend until mother cant recognize and can buy at such low price with so many tickets..hahaha

brian3381: aiyo where got gap up? 7.08 is highest ma.....gap up is rm 1 like last year ....you very participate last year?

Why no people type Yes one??want the know the answer?

Do you know why profit so high?? If want to know please type Yess

see I'm correct.....66sen

Aiyoyoy RM 20 drop to RM 6.6 kikikiki

EPF disposed and buy Harta

Harta will record 1.7-2 billion profit

Good Morning...

EPF buy back at low again

NatsukoMishina: why you tell them and teach them...you should fool them gao gao..

Allllll green only Harta red...PUSH HARDER PUSH HARDER BANKER !!!!!!!!!!!

Go go go Harta you can make it 7.04 now .... 0.05 sen to go

Last minutes break RM 7 remember 4.45 pm shark will do work......the higher the covid price, the lower the glove stock price...

I dont care how the virus , today must below rm 7 ....only today rm 7 then you all will scare and cut loss.....kikiki

7.05 ...gogogo Harta

gogogo harta everyday drop rm 150-200 very consistent ... i like it

No body care the foreign investor.....the main purpose for me now is dividend investment .....I will keep using the dividend reinvest in this counter... with such low price i can keep buying ...and keep buying

Go go go Harta RM 7 you can make it....go go go

Ularsawa: you tunggu 2 quarters lagi, real taiko will come out...

Harta net profit RM 1.5 b ...better than Topglove .....the number of shares harta 3.2 b, but Topglove 8.2 b .....Topglove too many shares will dilute the earning , unless they big earn ...

Tommorow break Rm 7 below..