The cheaper it gets, the more I will collect

Demand for gloves continues to rise
https://www.nbcnews.com/health/health-news/covid-cases-rise-cdc-panel-recommends-updated-vaccine-fall-rcna159349

grabbed some @ 61 cents just now. More cheaper than your ideal price, WongGK92. ha

waved down yesterday but waves up today !

wow, it really does show a rebound 😮 Engine starts again ?

Where is the downhill 🤔

Have the same thought as you, karigang but looking at the price movement, SSB8 is going up gradually and will break through 70 cents

He must have made a lot of money from YTL Power 😮

Mikecyc

Haha OTB promoted YTLpower at RM 1.10 ..

1 day ago

Google commits RM9.4bil for Google data centre and cloud region in Malaysia. Will SSB8 get part of the contract? 😀

https://www.thestar.com.my/business/business-news/2024/05/30/google-commits-rm94bil-for-google-data-centre-and-cloud-region-in-malaysia

Here's the analysis on Harta from Maybank 😃

https://www.thestar.com.my/business/business-news/2024/06/10/hartalega-poised-for-higher-earnings-on-rising-sales

Net profit increased QoQ due to lower cost of sales as a result of cost adjustment for Vista Harmoni Sentul Residences project.

Target price: RM3.30 BUY

US trade representative Katherine Tai released a list of proposed strategic sectors (up to 14) that will be subjected to tariff hikes (or new tariffs imposed for certain products) ranging from 25% to 100%. Notably, medical gloves are included with a proposed tariff hike to 25% from 7.5%, which will take effect in 2026.

While the new tariffs are expected to be effective from 2026, this may allow Chinese manufacturers to reconsider their expansion plans into overseas markets to circumvent the tariff hike. In our view, overseas expansions could make Chinese glove makers less cost competitive (as manufacturers in China use coal, a cheaper fuel than natural gas).

We raised our FY25F/FY26F earnings for Hartalega (KL:HARTA) by 3%, taking into account a higher USD/MYR exchange rate offset by a slight increase in key raw material costs. Post-earnings adjustment, our discounted cash flow-derived TP represents 33 times FY25 PER, above its pre-Covid-19 five-year mean of 27 times. Key risks include a decrease in gloves’ average selling price, slower-than-expected capacity expansion, lower-than-expected utilisation rate, and higher-than-expected raw material price.

Most of the construction counters experience a pullback today ... Wonder what is going on

Bumi Armada Berhad has seen its earnings per share (EPS) increase by 47% a year over the past three years. In the last year, its revenue is down 11%. Overall this is a positive result for shareholders, showing that the company has improved in recent years.

This company will ride up with Malaysia’s data center boom. Collect it before it breaks through 50 cents again ~

the positive bottom line was supported by higher interest income, foreign currency exchange gain and reversal of certain provisions no longer required during the period

This company has become one of the dark horse stocks since RTO

Singapore facing new Covid-19 wave. Glove stocks will be on 🔥 again

https://www.straitstimes.com/singapore/s-pore-facing-new-covid-19-wave-vaccination-recommended-especially-for-seniors-ong-ye-kung

sell on good news ...It will shoot up after they (traders or contra players) finished selling

Glove song will sing today as well? 😁

For your record, SJEE is established in 1992, has carved a niche in the electrical engineering sector, specialising in turnkey projects for complex installations in high-tech industries, such as DATA CENTERS

Harta's Q4 result will be out this week?

it tries to hit 50 cents this morning, but hard roadblocks there ...

Buy now !? You should buy on weakness, dude .

Yup, shareholders has approved the proposal and SSB8 will use approximately RM22 million raised from PP to acquire mechanical and electrical (“M&E”) construction company that is in line with its existing business

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3445444

Any news on Harta antimicrobial gloves? Got approved by FDA ?

You remind me of that...there's still no update about that

Quite a boring counter. No one wants to goreng it for now ..

YT will continue to make a loss for its last quarter I estimated...

Still doesn't have Harta's short position as at 13 July I checked

RM1 !? RM0.31 is more likely, don't get lured by this fake rebound

Can't reason with glove hater. That Nat will keep shorting gloves. We just sit back and see him bleeding when gloves moving up

can foresee people will get trapped at 0.44 today

Endgame, your breaking news sometimes is very 'interesting'

PP out then it is free falling moment

Seconded. Need to stand by bullet fight against them as well

Quite messy on its webpage...Need a serious patch

https://www.yongtai.com.my/investor-relations/egm/

NO more short position of Harta already, right?

Those syndicates need fund for election. Will go down sooner or later

Just stick to this fundamentally strong company and will get good return for sure

Wait for Yong Tai to announce officially about the pp, then it will free fall straight forward

Long holders prevail this time

et it stubbornly hang there for a while. It will drop to 30 something cents eventually

This statement again?! Market has factored in already

Sense a trappy trap. Wave up then wave down pattern appears again

Looks solid at above RM2 now for Harta

No more wave up then wave down pattern... now it consolidates then falls down based on the chart

Climb up the stairs today. Nice

Going up then falling down again...? Painful for newbie traders if chasing high

Good, it continues to move up after old management had been 'replaced'.