RM 7 coming Huat ar...second round...

Covid is over ..... yesterday record 570k + cases only.....

Every quarter you take dividend......after 2 years all tickets become free tickets...

gogogo rm 6.8 coming...best is rm 6.6

Fifo kaki who chasing high losing money now....kikiki

I'm very happy to see Fifo kaki keep losing money wakakakakakaka

Malaysia is a rubbish country , even Indonesia slowly wake up...

The windfall tax will fail....no worry...

KUALA LUMPUR (March 10): Glove giant Hartalega Holdings Bhd will be investing RM7 billion to build 16 new glove factories in Malaysia's northern region over the next 20 years.

As part of the expansion, the rubber glove manufacturer's wholly-owned subsidiary inked a sale and purchase agreement today with Northern Gateway Free Zone Sdn Bhd — a subsidiary of Minister of Finance Inc-owned Northern Gateway Sdn Bhd — for 250 acres (101.17ha) of land in the Kota Perdana Special Border Economic Zone (SBEZ) in Bukit Kayu Hitam, Kedah.

The purchase price of the land is RM228.7 million, according to a bourse filing.

Both parties have signed an option agreement for Hartalega to purchase another 130 acres or 52.61ha of land in the same location. Northern Gateway is the master developer of the SBEZ.

The acquisition is expected to be completed by March 2022, and is not expected to yield any impact on its share capital, substantial shareholders' holdings, net assets, earnings per share or gearing for the financial year ending March 31, 2021.

The land is freehold, and the purchase will be funded through Hartalega's internal funds and/or existing credit facilities. The first plant is expected to be completed in 2024.

As it currently stands, Hartalega produces 43 billion pieces of gloves per year. Its expansion plans include the NGC 1.5 in Sepang, which will boost its capacity to 63 billion pieces per year once it is completed.

With this longer-term expansion in Kedah, Hartalega will add another 80 billion pieces per year, resulting in its total capacity rising to 143 billion pieces per year once fully completed.

Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said Hartalega's choice to invest in the Kota Perdana SBEZ is an endorsement of the zone's rising status as a new and preferred investment destination.

"The Kota Perdana SBEZ is now poised to further enhance its position and reputation in attracting other high-end and export-oriented industries, leveraging on its competitive advantage such as proximity to the Malaysia-Thailand border as well as the Penang Port. This will also drive economic development in Kedah, with a huge, positive impact on the northern region. Most significantly, the project is expected to generate more than 12,000 jobs and help upskill local talent and vendors, while supporting infrastructure development," said Tengku Zafrul in a statement.

Meanwhile, Hartalega chief executive officer Kuan Mun Leong said in view of the long-term structural step-up in global demand, its production capacity must be accelerated. He noted that its growth strategy remains focused on Malaysia given the existing comprehensive ecosystem and supply chain for the sector, with its expansion plan to solidify the country's status as the largest glove manufacturer globally.

"Our aim is to cultivate a robust supply chain, as well as upskilling local talent and vendors, to transform the region into an integrated industrial park for medical devices in the future, establishing the region as an attractive destination for both foreign and domestic direct investment. Upon completion, Hartalega estimates to contribute to more than 5% of Kedah's total GDP (gross domestic product)," Kuan said.

As of 3.25pm, Hartalega shares were 0.93% or nine sen higher at RM9.81, valuing it at RM33.63 billion. It saw 2.4 million shares done.

RM 7 high?? RM 21 high or Rm 15 high or Rm 7 high??

Covid is over....recover play now.....better invest in recovery stock...

EPS- 50+ sen

Those who think people in this way ''Those who hope covid cases to rise up so that glove share can rise. Now this is bad karma to them" Karma may hit you soon....

I wait at Rm 6.5 ...

cut loss .....ruNNNNNNNNNNNNNNNNNNNNNNNNNNNNN .....

Congratulation to all cutloss players.....More upside coming. Time to regret your action

Who is Mahatir? They guy that make his own country economy down and the currency RM 3 only can change SGD1 ?

thomaszum: 就是有你这种误导的报告，所以确证人数才会一直涨。

Covid UK news – live: Deaths up by 50% as 19 July lockdown lifting ‘throws vulnerable to wolves’

Covid UK news – live: Deaths up by 50% as 19 July lockdown lifting ‘throws vulnerable to wolves’

All my tickets is free ticket...if drop to RM 3 i can use my dividened to buy more tickets...kikiki

疫情已经过去, 牙医拔牙都可以用手进去摸你的牙齿，然后再拿来嗅嗅你牙齿的味道。人与人的关系就这么建立了。

If this one worth only RM 5.5 then Topglove should be at Rm 1.5 ....kikikikikiki

When China starts to challenge your market u will definitely lose in coming years , best example is smart phone , smart tv now even EV , xiaopeng already leveiling Tesla !
10/07/2021 1:28 PM


Why APPLE and Samsung still survive??? hahahahahaha

Sold at 7.30....bought back at 7.05.....happy happy.....I love this counter...

If major shutdown, gloves ASP may break USD500 / cartoon....

I also can predict year 2050...2050 Harta should be RM 50 ...

No no I predict next next next next next year 2027...2027 capacity 90 billion with ASP USD 40-55 .....net profit should be break RM 6-8 billion per year....

I very scare , I very scare how how? RM 5 coming? HAHAHAHAHAHAHAHA Next quarter Harta net profit RM 1.5-1.8 Billion ....wait and see...

Last year many expert come in...now all die...

21 to RM7 ....wakakakakaka drop 67% ....very good very good....

OMG Epf sell another 10 million shares today

This harta like penny stock.....kikiki Vivocom XOX more stable..

EPF got 7%+ Harta , EPF will sell Harta until 5%

Without EPF sell and trigger the process, Harta should be RM 9 above....kikikiki ......who say epf support? epf make you all lose money if not how to give dividend...?

EPF sell , so ikan bilis panic , then epf buy at lower price ....If 1,000 units shares earn rm 0.5.... 20,000,000 units ...earn RM10 million .....the sell down is cause by epf...

Cut loss kaki a lot....kikiki everyday cut losss...

JPM is king makers...

7.48 , I'm very happy very good very good....next week continue cut okay??

why this counter no cut loss team? I tot continue cut to 4.2 ...hahaha

OMG 600,000 units cut loss at RM 7.5

I still remember last time I bought at RM 6 before pandemic.... kikiki so so so happy to see you all to cut losss...

Who care downgrade or upgrade hahahahahaha Just buy any price at your own risk.....the cut loss team very brave .......RM 20 all in will go to RM 30, RM 15 all in will up to RM 20, RM 10 all in will up to RM 15......RM7???????????????????? Hahahahahahahaahaha no no no will drop to RM5.....Hello the downside risk is minimum....Cut losss team deserve to losss money...

No more people cut loss already??? I heard will drop to rm 3.5.....Faster cut losss....

3.30 pm already last call for cut loss team .....T2 and T3 today fast fast cut

Many cut loss team member think they can earn rebound price....hahahahah good to give them a lesson in life...

julian1981: do not guess what price going to do next week, hope you not short term player...later you join cut loss team...

Cut loss team , I heard Harta loss RM 1 billion next quarter , faster cut....kikiki

People start to give up and go property sector.....mean many cut loss team out from stock market ady ...

Cut loss team hopefully later cut again .....faster cut