https://theedgemalaysia.com/node/708225

Sounds like management has a good plan

Yes, if you do not want to pay for a high price on Monday, i suggest that you start keying in buy order today. I think gap up price of RM3.20 - RM3.30 is reasonable.

If there is no major crash in the DOW tonight, Comfort should be able to fly for the next 3 to 4 trading days like what Supermax did.

European market has also recovered from yesterday's sell down

Posibility of second wave Covid in the US will accelerate Comfort's price movement.

Good luck and have a great weekend

Last Thursday, I predicted that HLT will limit up on Monday, which is today.

QR is being kept not released until now. With the super mega ultimate revenue and profit margin that HLT secured, share price will shoot up without boundary when QR is released. I suspect internal and major fund accumulation will happen tomorrow, like what happened today.

I dont even want to talk about the target price as of now because there is no boundary.

This is what i said yesterday.

1. Heavy buying today
2. SP may spike 20%

Looking, at the run now, may shot over 20%


Below my comment yesterday:
____________________________________________

Careplus, comfort, and Rubberex had already limit up.

It's the matter of time for HLT to limit up. There will be huge buying tomorrow as investors and traders are betting on HLT's QReport.

It's not difficult for HLT to achieve +100% profit margin or more for quarter to quarter basis because they are not doing too great in Q1, 2019.

My guess is there will be at least 20% price spike tomorrow and limit up on Monday if QR is released tomorrow evening

Careplus, comfort, and Rubberex had already limit up.

It's the matter of time for HLT to limit up. There will be huge buying tomorrow as investors and traders are betting on HLT's QReport.

It's not difficult for HLT to achieve +100% profit margin or more for quarter to quarter basis because they are not doing too great in Q1, 2019.

My guess is there will be at least 20% price spike tomorrow and limit up on Monday if QR is released tomorrow evening.

https://www.theedgemarkets.com/article/malaysian-state-cargo-carrier-profits-soaring-demand-medical-gloves

Read this article.
Even MAB is profiting from all the medical equipent export and courier including medical gloves. What happen to the glove counters today are pure manipulation.

Do not be manipulated. This is an act of the manipulator to con your shares. The big parcel at 0.405 is there to scare you. It will definitely rebound above 0.50 in a few days time. Reload if you have bullets.

Panic selling in the morning is due to confidence level in vaccine research. I increase my stake in HLT today because of my belief in three simple reasons:

1) we are not sure if United States is using the vaccine hype to support its ecomy.

2) even if vaccine is found by next year, the demand especially medical gloves and needle syringe are not enough. These are the basic equipment that will be used to handle the world population of 7.8 billion. A 10% world population that go for the vaccine is 780 million people, comparing to people who are infected currently, 5 million people.

3) glove sector and glove material related supplier (like CCM) will continue to uptrend and prosperous for the next 12 months

My advice: do not be manipulated when the share price drop drastically thinking glove trend is over, and do not chase the train even when the share price surge suddenly. Be an organic growth investor.

Midzurll, normally the movement of substantial shareholders will be released few days later. I am surprised when the movement of the ladyboss and her husband is released on the same day for their past few transaction

Sleepingzzz, so far I only share the facts, the sentiment, and a little bit of my guessing. I try not to give investment decision, but earlier I say i will accumulate more than what i did last month if the share price falls to 0.30 level. I also said i may chop a little if the indication is not good tomorrow. But i will hold wihout buying more if the SP goes up tomorrow.
Most importantly, dont listen to me and to anyone here. Listen to yourself and trust your own judgement

Unless the directors dump alot today, which i doubt so, or else the total traded today will not be such high. It's very obvious the sharks are manupulating

321 million shares traded today, or you call it circulation.

Total outstanding share of HLT is 512 million shares in bursa, and public holds 13.5% which is 69 million shares only.

Ron, i hope you will start accumulating again when the SP drops to the 0.3 level?

Sheng, I cant comment for people who stuck above 0.60. Everyone has different strategy and i will definitely not advise these group of people to average down now because the likelyhood to suffer double losses is very high.

Another thing i noticed today. The sharks set buy order of 1.8 million shares at 0.68 during lunch, and these created alot of irrational public buying at 0.64, 0.645, 0.65, and 0.655. At 2.29PM, the 1.8 million shares at 0.68 suddenly disappear. No public people like you and me would do that.

Big shark will goreng up and make public people like us continue buying while they are disposing. After disposing until their minimum selling price, they will goreng up again, people start buying again, they dispose again. They repeat the same process mutiple times today and this is how you get 321 million shares traded in HLT mother share alone. There are only 69 million shares held by public in HLT so it really doesnt make sense from what i see today.

If we stop falling into their traps, eventually they cannot cari makan here and will go to another counter. And we will have some peace by the share price going up steadily.

I am consistent with my belief that HLT will surge more than tripple folds given some time. However, we cannot stop the speculators and big shark from profiting from us in this short run. We need think ahead of them and beat them.

This is what I am going to do the next two days. If share price goes up, then excellent but dont top up more because the sharks are waiting for you to buy.

If share price drop below 0.48 support line, i am going to chop half or 75% of my shares because very likely it will slide down to 0.36 level really very quickly from what I see and learnt today.

Once stuck around 0.30 plus level where you dont see high volume, then collect slowly so that other genuiene investors and believers got the chance to get in.

As long as we chase the sharks out here by us not chasing the share price, and learn to cut loss so that we get to buy more shares later, i guarantee you will make some decent profit. I want the share price to go up steadily and not like what happen today. It will kill and have already killed innocent people

Does the drop in GDP affect the share price? Very disappointing report that drags down most of the glove sector. In fact, the glove sector is the one that still positively contribute to our GDP. BNM should explain in more detail

Ron, i was in Supermax years ago

Someone from Comfort i3 page commented that I find it useful for HLT new holders.


2020 8:19 PM

X

Registered_ID Best day ever in year 2020. I have faith that Comfort will surge further maybe not as immediate as tomorrow but in the shorter term like 2 or 3 weeks, 3 dollars is my TP. Having said that, ive decided to let go half of my holdings in Comfort to invest in HLT. Of course it's a smaller scale company but I am betting on HLT because there are very limited shares in the market, i.e general public only hold 13.5%, wherelse Careplus has 39.6%, and Comfort has 25.5%. Assuming the glove sector continue to surge for the next 3 months, I see HLT will rise more folds than other glove stock in terms of percentage because their shares in general public are limited (demand more than supply). I am not comparing the size of HLT and other glove stock because it is already reflected in their relatively cheap share price

The current issue faced by glove manufacturer is there are no more capacity to meet the demand of glove shortage worldwide. Billions of orders has been placed and waiting list is until Q3 2021.

HLT is about to create remarkable history in glove industry by introducing thier high density tripple former assembly, which will increase manufacturer capacity and most importantly, save cost and Capex.

Not only Malaysian glove manufacturer, the rest of glove manufacturer in other part of world will work with HLT for this to increase supply of glove. This is for sure.

Yes Super. I have read again and you are correct. Careplus deserve the limit up today. I personally do not hold any careplus share but I am very happy for all glove stock holders today.

Its from their own media coverage in their website. But i could have understood wrongly. Will do more readings later. But it certainly answer to many holders and prospects that Hlt is indeed a glove manufacturer. Peace :)

Superdupaa, its mentioned in Careplus media coverage. Try to google careplus capacity and the first thing you see is:

By the first quarter of next year,Careplus will have an additional capacity of 30 million gloves per month, Lim reveals. By then, the company will have five production lines, with a total monthly capacity of 50 million, that can produce both nitrile and latex gloves.

Annual report for 2018 is not too impressive because alot of money has been spent on acquiring HL Rubber and upgrading facilities.
2019 sees a quick turnover as the group record jump in revenue and make some profit compare to losses in 2018.
No doubt 2020 is a good year for all glove manufacturer including HLT. Glove stock will continue to surge even higher when Quarter Reports are out.

Bowman, its within one of the paragraph here.

https://www.theedgemarkets.com/article/hlt-global-receives-more-orders-after-covid19-outbreak

HLT has a subsidiary HL Rubber Industries. They are making 1 billion pieces of gloves annually compared to careplus who makes 600 million pieces of gloves annually. I just want to correct the statement made by many people here who thought that HLT does not produce gloves.