Increase capacity expansion, seems like the logical thing to do. Like!!

Lewis Lee, I like that.

KY.Y trap people and now repeat the same at TG?

CKLCAT, yeah, that's what i mean, give it a year or so.

Freetospeak, well written.

For those who can get (project) 3x (2.36x to be exact) turnover, really zzz

Joe Biden syndrome?

FLINV, 疫情一開始我就開始炒口罩，從不同的管道找來口罩然後分銷出去，幫到人又賺點外快。但是，現在口罩市場基本上是無利可圖，一個原因是需求多供應也多，另一個是頂價一再下跌，做口罩已經沒有附加價值。

Hello guys, I up my personal Harta 1 year price target to RM60, based on 1. 30% price hike for next 2 quarters. 2. Price likely to sustain if not continue to go up due to extended time of excess demand.

If you invest a lot of money into stock market, Harta as the safest choice because we can invest more.

Invest too much in small glove companies is insane for me. Besides, Topglove got CBP case, Supermax overrated, Kossan boss busy selling stocks. So, Harta still suited me best.

I agreed with all the sifus who did calculations. (except KY.Y who clearly have problem counting.)

Turnover last quarter 447m, if coming QR 600m topline is considered to be very good already.

NP 150m to 200m very good already.

Hi, everyone.

In my opinion, I think China SOE's has ruined construction industry in Malaysia. Now with Trump leading to fight CCP, the low margin environment could be over.

Of course it is also because price is at rock bottom lah.

Now market flush with CASH$$$$, 滿天都是飛來飛去的豬

Maybe KY.Y predicts production goes up by three times. Errr...

I think the turnover is in line with expectation, however expenses unexpectedly go higher as well.

Harta's net margin still goes up from 14% to 24%. In comparison, TG is 21% (up from 9%), Supermax is 15% (up from 8%).

Now we have a brief idea of how margin expansion among peers could help determine profit level.

This also shows that other glove producers may face similar situation (overhead increased due to fast volume expansion and MCO).

I don't think land purchase has proceed yet or net profit should add back 260m. To be fair, 36m capital investment has been spent (which will be depreciated later right?)

In 2022, we shall have NGC 2.0.

In my view, this is the best company in Malaysia.

沒有之一

I love the management to be so steady, still focus on long term expansion.

If EPS for FY21 is RM0.25, then now 80 times PE only mah, can still go to 100 times PE leh. Keke.

Seriously, turnover increases satisfactory, signals ASP is not bad at all. However, wonder why expenses increased so much, can't see any explanations.

I have a feeling that since Trump watched that 4-hour video of Dr. Yan, things are getting better in US.

The coronavirus numbers yesterday shows sign of that.

It may hurt glove a little bit very short term, but we do wish for a better world.

Its funny KY.Y got like rm20m+ left, as I demonstrated in KC Chong's blog he lost 90%.

I am buying more. I started from RM7.50, sold RM15.98 then buy back RM16.50. Buy buy buy after that.

Now the plan is to hold 5 years first, see how it goes. See our NGC 2.0.

As long as there is excess demand, glove prices will continue to go up. And we may see glove prices continue to go up in the next three years?

Factory 6 and 7 also coming online soon. So, buy Harta and go away is the best strategy.

IB's mindset is strange.

They give high PE but low target price. That means they think Harta cannot make money. If Harta cannot make money, why give high PE.

Shall see tomorrow.

Say something....always good to do some calculation, despite the fact that we seldom hit it exactly.

1. Assume 8.5% gain from productivity, 5% price increase every month, then profit is likely 350m.

2. Assume 8.5% gain from productivity, (Mr. Kuan already said so), 10% price increase every month, profit is likely 495m.

3. Some research house says price has increased 85% compare to Jan, then profit is likely 800m.

Actually it doesn't matter, glove prices go up together and eventually convergences.

4. July +20%, Aug +20%.....Q2 makes 2b? keke.

In fact I like Mr. Kuan talk about focus on existing customers. My plan is based on Harta hits equivalent of RM100 in 5 years.

DJoker89, good one.

This KY.Y lose his underwear to China company still believe in Xi, bloody noob shit.

I don't get it. The reason to be integrated is cost control but the financial numbers just doesn't show that.

Don't switch to Harta yet because I haven't buy enough.

At first TG says 2 weeks, now says in August.

Check again others take 6 months at least for CBP to be released.

In view of TG is innocent and this is time of desperate, August is still possible, but could delay few months.

Eh, 虧損忘了寫上負數吧，變成賺大錢了。

AAX是死定了。我覺得Airasia也值-0.25，必須要RI才行，但是TF大大卻不肯，拖越久問題就越難救。

Guys,

1. I don't think TG use forced labour.

2. I think CBP can be revoked.

3. But, look at the dates of WRP Asia, it took almost 6 months for the order to be revoked.

4. I look at other cases, it took even longer, 6 months is like fastest ever. Some takes 2, 4, 6, 8 years to have CBP revoked.

Freetospeak, I redo the calculations and worked out an even higher profit figure. OMG! Haha!

But I doubt the ASP can be so high.

People are talking USD29 per 1000. Spot orders USD80-90. That's max already. Assume July increase 20%, August increase 20%. Max is like USD42 for OEM.

And you use USD85 up to June, a bit exaggerated.

If Shafie smart, then he tackle this. Stop the money trails.

Well, looks like its going up again.

Good luck guys.

Icon8888 still here? miss him though.....

Tomorrow Harta will overtake TG again. No.2 in market cap.

Gogogo, Hartarian.

I shall get my Tesla tomorrow.

(booking fee only)

Don't worry, trading system may hang again....kekeke

I think there are errors in your calculation, I mean it doesn't add up.

Sales more than double that's not possible under your assumptions.

My guess RM230m.

PelaburMalaysia, gloveharicut, should be approved in 90 days, that's the submission I think.

Good morning, guys!

Have you heard of 100 baggers? Shares that rises 100 times....

It is only possible when the tide is right. Industrial trend indicates now glove prices rise 20% a month. We have never seen this before.

Hold tight and charge....to infinity and beyond.....

pang72, thanks.

Continue tomorrow. RM22.40. Gogogo

universeck, congratulations!

Harta last year made 470m, this year if *8.5= 4b.

40 times PE, that's 160b market cap.

That's translate into RM46.67 per share.

Last year made 470m, this year if *8.5= 4b.

40 times PE, that's 160b market cap.

That's translate into RM46.67 per share.

I think this is submission only. If approves, it will show in 510(k) Clearances.


Overview

Section 510(k) of the Food, Drug and Cosmetic Act requires device manufacturers who must register, to notify FDA of their intent to market a medical device at least 90 days in advance. This is known as Premarket Notification - also called PMN or 510(k). This allows FDA to determine whether the device is equivalent to a device already placed into one of the three classification categories. Thus, "new" devices (not in commercial distribution prior to May 28, 1976) that have not been classified can be properly identified. Specifically, medical device manufacturers are required to submit a premarket notification if they intend to introduce a device into commercial distribution for the first time or reintroduce a device that will be significantly changed or modified to the extent that its safety or effectiveness could be affected. Such change or modification could relate to the design, material, chemical composition, energy source, manufacturing process, or intended use.

Yup.

Bear in mind Harta will also show similar price hike as to other glove players.

You know in playing warrant, the "entrance fee" is an important consideration.

If you put in RM10,000, every one cent increase in mother share will give you RM1000, then it is not a bad bet.

If you have to put in RM50,000, every one cent increase in mother share will give you RM1000, comparatively that's a poor bet.

Most harta warrants are like that, expensive entrance fee. (c53 is another situation)

That's why I move all money into mother shares.

mk2507, the premium is too high.

You are better off buying mother share with margin. Payoff is bigger and risk is lower.

Say if you have RM10,000. If you buy c53 @12.5c, then you get 80000 shares.

On 31/3/2021, If Harta is below RM23.88 you get 0. that means -10000.

If Harta is RM30. Then you have 12.24c, that means you get back your RM10,000. Break even.

If Harta is RM40 on 31/3/2021, then you get 32.24c, you get RM25792.


On the other hand, if you buy mother share Harta, assume you buy around RM18 and get 555 shares, then your return is 13,253.4, 16,650, 22,200.

If you buy mother share Harta with Margin, assume you buy @ 2.5 times margin and 8% interest, you get around 1390 shares, then your return is 32300, 40900, and 54800.

Summarize as below:
share/warrant;@23.88;@30;@40
c53;-10000;0;25792;
Harta without margin;13253.4;16650;22200;
Harta with 2.5 times margin;32300;40900;54800;

buliba kalo ko, yup, I think that's fair range.

Last QR actually its 150m (excluding FX losses), already highest among glove producers (up to March).

Can't wait to see.

Go to 27 split into 3. Keke.

Well, Moderna vaccine stage III tested on 30,000 persons, one of the China vaccine is tested on 20,000 person. That's not "a few" for sure.

For your information, vaccines already being mass produced. Once a vaccine is being approved, then vaccines can be distributed immediately.

I am not saying glove is not good, however providing accurate information is of utmost importance.

Bear in mind there are more than 160 coronavirus vaccines being develop, even Indonesia got their own vaccine development program. And quite a few of them are showing satisfactory result. +it is heavily subsidies by governments around the world.

I am not saying glove is not good, but invest in a portfolio according to your ability is the right path to financial freedom. Haven't you notice quite a few of the SAILANG people have disappear from the forum? And quite a few of the blogger/sifu have disappear/change name?

Nobody knows the future, just in case the wind turn against you, you can still keep your underwear.

Not everyone can go drive grab and live a second chance.

Correct me if i am wrong.

I reviewed Harta again, Harta has higher gross margin, higher efficiency and highly automated etc. If TG, Kossan, Careplus, Supermax can have +85% average selling price, why can't Harta have that too.

If Harta ASP also +85%, Harta will make 700m a quarter, easily 150b market cap. (Stock King of Malaysia, anyone?)

And yet Broker house are doing their forecast on Harta +6%, +10% blah blah blah.

Could it be Harta has longer term and bigger customers than other glove players, hence stickier price hike and stickier price decrease (later). (actually I don't buy that, market just misjudge Harta).

Anyone could enlighten me on this. Thanks in advance.

newbie8080, that's why they do massive clinical trials, billions spent to develop the vaccine, billions spent to do clinical trials.

AlexZai, yup. Add more once its stable....

Alvaro, you are smart.

Raider, grow up lah. zzz

Looking at the results of the clinical trials, vaccines will definitely arrives within the next few months.

Those who still believe there will be no vaccine are either unable to read or being careless.

Fyi, mass production of the vaccines have already been carried out. Distribution and application only pending results of the clinical trials.

While stage III of a few vaccines have been carried out recently, we already have results of stage I and stage II clinical trials for a few months now.

The only problem is, given the urgency and seriousness of the situation, producing and bottling the vaccine may not be very profitable.

A few vaccine companies have already said they will sell the vaccine at cost.

Given that, if DUO and Pharma decided to do it for free or charge a minimum price, consider this charity to save humanity and don't complain.

Even if the vaccine save axxhole like KY.Y who pray more people die everyday.

This KYY is rude, undereducated, and made many people lost their underwear. Hope he lose his underwear again, and again.

Good analysis.

The general story is true, but there are opportunity too to fill-and-bottle and resell to other countries.

I sold more than half because of this. Damn u. (just kidding. appreciate instead).

Pharma and duopharma. Kekeke

Good information. Thanks.

Sell glove and come to vaccine, easily blow to 10b market cap. Kekeke