It will probably sidewind from 0.43 to 0.46 and back. Dont hope for much this week or next. It has gone into the dormant state prior to its rise from sleep. At best, this is still a much discounted price - which, taking its 20sen premium, should be about 0.49 to 0.50. If you have earned back what you initially lost, the Gods are already kind. If you have betted more than you should earlier or bought at higher prices, and cant afford to cut-loss, maybe wait for opportunity to average down. In the lack of new indicators, the charts are already showing a lacklustre climb for this warrant

Volume is this counter's greatest challenge. When it was surging, you will know by 9.30am. Usually the warrant will show some excitement and by day's half, the mother share will take the lead till close. Today, it is as flaccid a wet rope.

Action has begun..

only 2.5 sen dividends

panic selling as usual.

Fish fries taking profit at 0.48. Once they are wiped out, then this stock will move. If not, it will be a tug-o-war game between them and your hopes

@bizzybone

Yes, I think tech is new normal

@bizzybone - thanks for the update. I am surprised at the jump from coal to this. It is a perfect move.

HK Beidou - read IoT. This is the new normal and plunge society onto a new tech age.

https://klse.i3investor.com/blogs/gloveharicut/2020-07-03-story-h1509714533-MACQUARIE_raised_Top_Glove_s_Target_Price_to_RM30_40.jsp

fair price for mother share is about 80sen. son is about 60sen. but likely it will be back to only 55sen at best.

https://www.thestar.com.my/business/business-news/2020/07/01/bank-islam-partners-tnb-to-provide-financing-for-solar-pv-ownership

there, another reason why solar companies are getting attention, aside from RE funds from overseas investing in them

To understand yesterday's rise is to look at yesterday's numbers. Between 0.12 to 0.14, only one buyer snapped up all. Or max not more than 10 buyers. It could be someone trying to have a backdoor control of shares or institutional buying (foreign?) - who knows.

News from the Edge:

"“Lately the [solar power] sector seems to have garnered positive sentiments especially from the Government. Last week TNB (Tenaga Nasional Bhd) awarded contracts to two companies for solar-related projects. This bodes well for the sector,” he told theedgemarkets.com when contacted."

Now this might be the reason for the surge initially. Otherwise it is something unexpected until the company announces it. So enjoy the ride folks

https://www.thestar.com.my/business/business-news/2020/06/28/matrix-concepts039-residential-bookings-jump-45-during-mco

Cheap quality houses in strategic areas. No wonder it profits. Maybe bonus shares coming, who knows

https://www.nst.com.my/business/2020/06/604451/vsolar-global-re-investors-radar

sure or not

Earlier post was on the HLT-wa because the volume of the son determines the mother because of the discounted price as noted in this run.

@midzurll19 @YTH888 Yeah! .

I think the 0.435 was its turning point. If prices go further than 0.475, that point is confirmed. It will go up again when panickers realise their folly. But it is not a crime to take profit or cut loss. As long as you dont feel guilty or kick yourself afterwards

@midzurll19 @JT5775, good morning! So it's pretty much like a resistance, I guess?

I think yesterday's sell-down was merely panic anticipation. No change in fundamentals - in fact with the worrying trends in the US and Europe as well as new possible marketing positioning of gloves, to think that gloves demand will plummet in the short-term is illogical.

Yesterday's fall could be due to an article in a business paper about glove prices dropping. I feel that the article merely was based on observational analysis. Today, we could see this getting a second wind. Just gut feeling. Stochastic chart looks promising.

Yes, it just did. One minute before closing. Afternoon will be something to watch for. Good run today!

I think it can touch 0.50 by lunch or after lunch and close comfortably at 0.52 or 0.55 with increased buying volume

It has breached an important Fabionacci level @ 71sen. Next level to test is 84sen.

Rubberex volume just increased and I think the market is back.

https://www.theedgemarkets.com/article/rubberex-1q-net-profit-rises-47...

HLT has gone unnoticed by the market that it has a subsidiary making rubber gloves with 1 bil pieces annual capacity which is similar to Rubberex and 25% of Careplus capacity.

Now who says the glove business is in its plateau.

It has breached 0.48 today, next stop, looks like 0.54. The momentum is strong according to the charts bu volume is not high yet. At its height months ago, if you recall, momentum was at least 10 times today. But the day is still young. So let's watch

Wow, no wonder it is flying. If RE funds are eyeing it, at least it is worth 0.10 now.

Today will be interesting. The charts augur well. The rise will probably continue. Good luck everyone.

Gloves are unique - we are all here talking about glove use as in medical utilisation. Eventually, this will be the norm of most service industry, be it food and beverage or others. What the market is seeing is demand for prophylactic use of gloves. We have not even scratched the surface of social use of gloves - i am sure creative companies will find creative ways to market their products and expand market mix and profits.

Market still uncertain. Once that uncertainty breaks out into a rise, it will be so fast that you wont have time to catch your breath. Over the last two weeks, you saw the slide. Look at the chart now. Overbought and sensibility will kick in soon. It's a wonder directors of the company do not have the integrity to defend its own shares - i would imagine that they would have increased their shareholding to mop up the additional shares created by warrant conversion.

Comrade-at-arms. Today as you opened your computers and handphones and look at your stock of this counter, I'm almost sure you'll be disappointed. The price has dropped to the low the mid 30sen last week. Is it unexpected? Actually no. Charters will tell you that it's foreseen. But the market uncertainty confirmed it.

If you are looking at the charts today, you'll see that it's heavily oversold. You don't have to be very smart or to know charts to understand what happens after the oversold stage.

You need to ask yourselves if the gloves industry will see better days. What do you think? So far, all the glove stocks rose because of the confidence in demand - that healthcare needs are spiking. And the same stocks got trashed because in many countries, Covid 19 is beaten.

But did anyone think for a moment that there is a larger demand for gloves that have not been explored when services and industries open? Housewives, people working in food industries, and if you put on your thinking cap, I'm sure you can find new uses for gloves.

Do you think the manufacturers, with their creative marketing team, will leave these areas of profitability unexplored?

Some consolation from this old man KYY:
https://koonyewyin.com/2020/06/25/glove-stocks-are-dropping-what-you-should-do/

@
azeera https://klse.i3investor.com/blogs/muze/2020-06-12-story-h1508757128.js... wrong room. Go to AT forum

As you can see, new buying opportunities are opening up for the already discounted warrant. At 0.38sen, if you decide to convert, you only pay 0.58 to acquire the mother share. This is the discrepancy shareholders of mothershare will have to contend with. Mother share at moment of writing is 62sen.
As it is, waiting at 35sen is not too late.

At noon today, some things to take note of:
1) Volume is less than 10 mil (at its height, it was 30x that number)
2) Stochastic Oscillator K%D is now below 20%
3) 14-day RSI at 30% line (OVERSOLD)

I think it is bottoming out but since this is already second last day of the week, very unlikely will there be any major movement unless something unearthly takes place

he means spammer - you spam this page with news

limit up soon?

At current 64.5sen, warrants (minus 0.20 premium) is cheaper now at 0.41. The warrants are currently oversold, almost at the bottom of the Stochastic 20%line. Mothershare too is almost there - and fundamentals being constant, all who have run out of extra cash, should just do themselves less emotional damage by not checking in.

Looks like those holding rights, to get 2 warrants, will have to subscribe to 3 shares @ 3sen. Should be cheaper to buy from market.

Take a breather guys, spending time look at the boards is useless unless you are scouting. Nothing much will happen possibly till month end.

@air01557 Fair value 62 sen. With better result anticipated next Q that should be the entry price.

How do you derive at this fair value?

@bone .. I think possibly a deficient marketing department. Or market intelligence did not anticipate the severity of Covid. Dont forget, China only announced the epidemic in January and between that and March was the Chinese New Year celebrations. By the time they wanted to crank up production, Covid was here and everything was kinda messy. Be that as it may, we are looking at facts here - their profits are good. If this does not knock sense into the most discerning investor, then what gives? People say, Show me the money and it's all there in the report.

I am just analysing the statistical values - not presumed value, so I dont know. My guess is HLT does not have a good investor relations department, and so the good things, if any, do not find its way to the shareholders. This is as bad as having a badly run accounting department.

@PrinceofIpoh.. Last day OR trading - meaning tomorrow can see beyond 0.05?

@air01557

If you analyse the results of Carepls and pitch them against HLT, you will see that the Q-to-Q results compared, HLT profit (nett) is twice that of Carepls - 2.6mil against 1.14mil; EPS of 0.51 against 0.21. What do you mean this counter does not look good- is there another way of interpreting the results that we have all missed?

Remember this moment well, traders. This is what Buffet would describe as a sea of red - for no reason there is a sell-down triggered by irrational thinking and fear. This is what Buffet says to buy when people are fearful. Study the fundamentals and if it is intact, that is the deciding factor

The difference between punting and real investing is the latter usually comes up tops at the end of te game which can last a long time. Punters, on the other hand, make quick gains based on whatever suits their reasoning.

That said, for those who are neither punters nor investors, who are into this game because it appears to offer the low-hanging fruit of easy money, it is best to at least have functional reasoning and a willingness to study what is in store.

If you buy a stock, you would have at least made some research into things like: Is the company profitable this time compared to previously, if it is profitable is it more nett profitable than the same companies that are its competitors, and if so, what is the share's earning ratio since that is a good benchmark.

And once this fact has been established, more research should be taken to see the current diversification - if the company has taken the steps to move in the direction of its business and future expansion.

And finally, not final, to look into its liabilities of debt servicing and accumulation of depreciating assets. Lastly, not least, should then be the peoples - not one but entirely - running the show. The board, in general, makes up what kind of prestige a company draws. This charisma attracts a good team of workers willing to die for the company or just hangers on.

As for HLT, I think a lot of fundamental discussions have been made by intelligent persons here. And a lot more reasonable thinking persons going in to sell or buy will be able to make fruitful decisions that can influence the profitability of their calls.

@tanhuatkawkaw Profit and EPS of HLT is much better than carepls

HLT's business diversity is also very strong and will prepare it for the coming months when gloves will be a lifestyle need. Its gloves dipping lines is seeing five orders being fulfilled - two local, three foreign - with almost 25% profit margin. The foreign exchange will also add more to the next quarter earnings.

I would think tomorrow will be the day some of the more optimistic of us have been looking for.

Read up on HLT's report here to understand the business better: https://www.malaysiastock.biz/GetReport.aspx?file=2020/6/22/0188%20-%201728232206123.pdf&name=HLT%20Global%202020Q1.pdf

not sure - because the price is holding, i am inclined to assume that there is some form of good results

@JT5774 This is intresting :-

Yes, that piece of old news is something many missed. It cuts costs by almost 30% and in the heat of overproduction needs, imagine companies effecting it would save. The thing about HLT I think is it has finger in almost every important pie in the gloves business. Superdiversification which I think will be working in its favour even after the Covid years. Alone it didnt not appear appealing as a stock but after you look into its involvement, mostly strategic, with other fields and partners - only then you know why it is pretty solid.