Posted by Gkhan > 2022-12-14 09:48 | Report Abuse

down the trend

Posted by fortunefire > 2022-12-14 09:53 | Report Abuse

time to collect?

Posted by Aati99 > 2022-12-14 10:10 | Report Abuse

Saya tunggu RM1.50 ke bawah

Posted by fortunefire > 2022-12-14 10:39 | Report Abuse

i have decided to fire the first shot in the range of 1.50-1.56.

Posted by samerkl > 2022-12-14 10:49 | Report Abuse

Tewnama ! CCB X n times ! Really hopeless.................

Posted by Nepo > 2022-12-14 11:05 | Report Abuse

Dont waste your bullet..
Just stay at sideline..

Posted by samerkl > 2022-12-14 11:17 | Report Abuse

CCB x n times !!! Long term hold.................

Posted by VTrade > 2022-12-14 11:30 | Report Abuse

Terpangaruh with top glove today
Keputusan mutamad

Posted by bang_miskin > 2022-12-14 11:50 | Report Abuse

No rush lah still downtrending. If continue like this, may reached 1.4X by end of this week.

Welcome new investors to become our latest long-term holders.

Posted by samerkl > 2022-12-14 12:06 | Report Abuse

I think plenty of chance to accumulate at 1.40X price range.............

Posted by DestinyL > 2022-12-14 13:03 | Report Abuse

Top glove results out, all unknowns are now known

Posted by bang_miskin > 2022-12-14 13:12 | Report Abuse

^The results are pretty painful. Would be a miracle if Harta can remain green.

Posted by NatsukoMishima > 2022-12-14 13:23 | Report Abuse

Continue 2 qr net loss > 200 m + 8xx m paper loss = 1 billion gone !
Next qr might be 250m - 300m net loss if ASP drop to USD 10 - 14 , conservative count TG will suffer more 1b - 2b net loss till 2024 !
Worst than karex bro ! What if ASP really plunge n never rebound permanantly after China cheap glove dominant the world market coming years ! They also never pay dividen since 1 year ago , do u think still worth to invest glove stock ??

Posted by calvintaneng > 2022-12-14 13:54 |

Post removed.Why?

Posted by VTrade > 2022-12-14 14:35 | Report Abuse

Drop like topgrow

Posted by fortunefire > 2022-12-14 15:00 | Report Abuse

still got 1.8bil cash on hand. what do you think? can they see the light in the tunnel?

Posted by NatsukoMishima > 2022-12-14 15:32 | Report Abuse

Totally no light , the cash will be burnt within 2 years !

Posted by NatsukoMishima > 2022-12-14 15:33 | Report Abuse

Trust me , harta will become penny stock at 8x sens next year !

Posted by NatsukoMishima > 2022-12-14 15:35 | Report Abuse

Buy vstec keep for retire better than this , every year > 5 % divy

Posted by calvintaneng > 2022-12-14 15:57 | Report Abuse

Harta foolishly commited to glove expansion near thai border and just bought land in kedah
Cash will be burnt up

Later follow Yinson debt distress harta might issue rights to ask for money to help

Better sell before price goes below Rm1

Posted by ccpool > 2022-12-14 16:21 | Report Abuse

When retails get bearish, time to look for long entry. Rinse and repeat.

Posted by fortunefire > 2022-12-14 16:33 | Report Abuse

managed to snap some in between 1.53-1.55 for now.

Posted by bang_miskin > 2022-12-14 17:25 | Report Abuse

Topglove QR is a good predictor of things to come for Harta and Kossan. While there's some room for price to fall, it should be near the bottom since we already expect the QR to be bad. I made a mistake of not selling it all around RM2.00 to buy it back cheaper, I'm a noob, lol!

Posted by ccpool > 2022-12-14 18:34 | Report Abuse

@bang_miskin Just countertrade everyone in this forum and you will do well.

Posted by gnail > 2022-12-14 21:24 | Report Abuse

glove demand is really bad now, better don't waste time here and switch to other counter.

Posted by calvintaneng > 2022-12-14 21:47 | Report Abuse

Ghina glove glut and price war will hit all gloves badly and will hit harta hardest of all

why?

Answer:

Because Harta over committed it's Huge Rm7 BILLION EXPANSION NEAR THAI BORDER

ALL THE CASH WILL BE DEPLETED AND STILL NOT ENOUGH TILL INSOLVENCY

BETTER SELL ALL GLOVES AND ESPECIALLY MUST SELL HARTA

SURE DEATH AWAITS ALL STUBBORN ONES!!!

Posted by calvintaneng > 2022-12-14 21:58 | Report Abuse

Harta now got a RM7 BILLION TICKING TIME BOMB ON ITS NECK

https://www.thesundaily.my/business/hartalega-buys-land-for-rm7-billion-expansion-in-kedah-YB7164991

Its One billion plus cash all used up still not enough till insolvency & KABOOM!

GONE CASE! GET OUT!!!

Posted by fortunefire > 2022-12-15 09:25 | Report Abuse

Will Hartalega be another Scientex?

Posted by samerkl > 2022-12-15 09:29 | Report Abuse

CCB x n times !!! Waiting at 1.40s level...................

Posted by Aati99 > 2022-12-15 09:34 | Report Abuse

masih boleh beli tanah untuk pembesaran. Bagus

Posted by NatsukoMishima > 2022-12-15 10:30 | Report Abuse

That s why i said their cash will burnt out soon n dont dream for any single sen dividen coming few years just like top glove , expand for future bright market products is ok but not for bottomless cheap cheap non profit sunset product like glove , some more 7 billion not 7 million bro , i think harta will be like supermax in USA burn out all cash n net loss for many years !

Posted by NatsukoMishima > 2022-12-15 10:46 | Report Abuse

China very good at dump price until 0 profits or net loss to grab market dominance in order to kill opponents , malaysia glove count down to close shop within 5- 10 years , u invest for capital loss eventually without dividen anymore , swing play banker will leave glove stocks soon , red alert ! Glove stock will sleep permanently !


NatsukoMishima

4,886 posts

Posted by NatsukoMishima > 1 minute ago | Report Abuse

@"Outlook. We believe Top Glove’s initial plan to revise ASP upwards (to pass on part of the cost increase) in 1QFY23 was met with strong resistance from buyers, as evident by the 33% decline in nitrile glove sales volume. This also signifies that the competition is showing no signs of easing at the moment"
_________
See i said already tg still want to up price , ang moh all clever people shift to china gloves without tariffs already , tg really hit their own toes with rock !


NatsukoMishima

4,886 posts

Posted by NatsukoMishima > 1 second ago | Report Abuse

Now only their family will buy t paper mada by themself , bilis also run already !

Posted by samerkl > 2022-12-15 10:57 | Report Abuse

Not comfortable averaging down..........but too painful to sell,,,,,,,,What should I do?

Posted by fortunefire > 2022-12-15 11:06 | Report Abuse

what's your average price?

Posted by samerkl > 2022-12-15 11:17 | Report Abuse

My average price 1.73

Posted by bang_miskin > 2022-12-15 11:19 | Report Abuse

1.73 is a decent price (mine is 2.6, lol!). Just keep an eye on this counter, occasionally there is some news that drive price upwards, sometimes close to 1.80 to 2.00. It is more often than you think. You know what to do then.

Posted by bang_miskin > 2022-12-15 11:21 | Report Abuse

At 1.73 even if you average down now, it's not going to do much to current price.

Posted by samerkl > 2022-12-15 11:22 | Report Abuse

thanks for the advice.............

Posted by OldWiseMan100 > 2022-12-15 13:44 | Report Abuse

one day it will reach the bottom, and from there, the price will go sideways for many years, even if Harta post good results, it wont move up until it post really good results and high dividends. So, just wait, if you think Harta is good and the price move sideways for many many years, then only buy, if not, no point taking the risk.

Posted by Phoebe > 2022-12-15 14:23 | Report Abuse

I park 1.35 for a month. Renew again my Q next month. You think have opportunity to get at that price?

Posted by NatsukoMishima > 2022-12-15 14:29 | Report Abuse

@samerkl

167 posts

Posted by samerkl > 3 hours ago | Report Abuse

Not comfortable averaging down..........but too painful to sell,,,,,,,,What should I do?
_______
How many units u have ? If more than 10000 units then just wait until around 80 sens only average down , if your units not more than 10000 then just keep it n forget about it , after 5 years only monitor back !

Posted by NatsukoMishima > 2022-12-15 14:31 | Report Abuse

Meantime can look for best cut loss point n look for other good value stock just like vstec !

Posted by terence775 > 2022-12-15 14:37 | Report Abuse

people in i3 here fearmongering and spreading false information as usual....
other forums have much higher quality discussions
can't share my review of the latest topglov qr on i3, pm me if anyone wants it.

Posted by fortunefire > 2022-12-15 15:19 | Report Abuse

When will Hartalega release its latest QR?

Posted by valueinvestor33 > 2022-12-15 17:12 | Report Abuse

Fearmongering is good for investors here so that we can always buy at lower price. Continue with their hard work.

Posted by NatsukoMishima > 2022-12-15 18:11 | Report Abuse

Face the reality truth that malaysia glove kow tow to china dump price strategy and look for other good value stock to cover back losses from glove , no point to waste for other 1 year or even 5 years , Ah chai says tg need 1 year to turn black ,but what if after 1 year the ASP become double lower than current price , do u think how many capital opportunity u have missed within this blank year , try imagine u move to vstec now ,after 1 year u earn >5% dividen + capital then !

Posted by OldWiseMan100 > 2022-12-15 18:19 | Report Abuse

@fortunefire

Right in this very page on desktop view it says 8 feb. I dont understand why many people ask the same question on qr release date when it clearly stated in the same page, it is more or less that date. Are people too lazy to scroll up? or only buy shares looking at price and not the business fundamental? it is like me asking who is the CEO of harta. if you ask the size of his underwear then i can understand, as this answer is not readily available.

Posted by valueinvestor33 > 2022-12-15 22:08 | Report Abuse

China gloves companies which dumped the price were no longer operating. Many mid to small size newly formed companies had closed down their factories. The worst situation might be over after the clearance of stocks.

Posted by valueinvestor33 > 2022-12-15 22:10 | Report Abuse

Don’t try to mislead the investors. Many had ceased their operation in China.

Posted by gohkimhock > 2022-12-15 23:09 | Report Abuse

Production costs are so low in China. Materials, wages, logistics etc,; China afford to throw price even below USD10 per 1k pieces. Malaysia companies can?