Yesterday Harta briefing had created havoc on the market prices of all glove makers today . Harta price dropped to 6.68 . This price minus the good dividends ( 17.7 s + 19.75 + 70 s ) is almost at the pre pandemic price . What is so shocking with the briefings ??? Is it because of the ASP dropping to stabilised state in CY Q1 2022 US 30 to 35 ? I read a latest IB report dated 8th Sept with the projections of consensus earnings in FY2022 at 3986 millions and FY 2023 of 1493 millions . The FY 2020 pre pandemic earning was 434 millions .If we temporarily "forget " the huge extraordinary growth in FY 2021 and FY 2022, there is a 3.44 x growth of earnings from FY 2020 to FY 2023 . This is like 50 % growth per year or CAGR from FY 2020 to FY 2023 . This growth is even better than the growth before pandemic . Why panic as though it is end of the world . THe market has been BRAINWASHED so much that peoples stop thinking rationally . Do we give same pricing to a stock which earn 3.44 x in three years from 2020 to 2023 while earning 7 billions in FY 2021 and FY 2022 ( between FY 2020 and FY 2023 ) ? These super earnings has enabled Harta to increase it capacity to more than double without borrowings and at the same time give a generous dividend of 60 % of the earnings . The semicon stocks would have easily double or triple the pricings with such performance .
PJ Seow after careful reading you seem to support a bullish scenario for 2022. But the line where you "What is so shocking ...." is emotional and can be interpreted as bearish. Please make your writings easy to understand and brief. I give a benefit of doubt this time.
Israel's Covid Surge Shows The World What's Coming Next Coronavirus: Israel that was once predicted to be the first to vaccinate its entire population had the highest per-capita caseload of anywhere in the week through September 4.
Israel, once a front-runner in the global race to move on from Covid-19, is now one of the world's biggest pandemic hot spots. -------------------------------------------------------------
It's crazy that while we have a long way to go before the end of the pandemic will be in sight, yet we are now talking about the post pandemic scenario. I ve no doubt 2022 will witness the 4th wave sweeping thru the world which may be worse than the 3rd wave.
Frankly speaking, I have to say that I'm not really convinced that current strategy being pursued by new cabinet (recycled old cabinet, actually) is the correct one.
Totally agree. And that's y I am picking up the gloves happily. Hahaha. In short term, the shorties are winning but in long term, i would be happy to hold gloves. With 5-6 billion cash, can even buy the whole AirAsia since ppl loves it so much. Then start to produce AirAsia gloves. LOL
pjseow Yesterday Harta briefing had created havoc on the market prices of all glove makers today . Harta price dropped to 6.68 . This price minus the good dividends ( 17.7 s + 19.75 + 70 s ) is almost at the pre pandemic price . What is so shocking with the briefings ??? Is it because of the ASP dropping to stabilised state in CY Q1 2022 US 30 to 35 ? I read a latest IB report dated 8th Sept with the projections of consensus earnings in FY2022 at 3986 millions and FY 2023 of 1493 millions . The FY 2020 pre pandemic earning was 434 millions .If we temporarily "forget " the huge extraordinary growth in FY 2021 and FY 2022, there is a 3.44 x growth of earnings from FY 2020 to FY 2023 . This is like 50 % growth per year or CAGR from FY 2020 to FY 2023 . This growth is even better than the growth before pandemic . Why panic as though it is end of the world . THe market has been BRAINWASHED so much that peoples stop thinking rationally . Do we give same pricing to a stock which earn 3.44 x in three years from 2020 to 2023 while earning 7 billions in FY 2021 and FY 2022 ( between FY 2020 and FY 2023 ) ? These super earnings has enabled Harta to increase it capacity to more than double without borrowings and at the same time give a generous dividend of 60 % of the earnings . The semicon stocks would have easily double or triple the pricings with such performance . 08/09/2021 10:07 PM
COVID-19 cases among children reach a record-high of 250,000 in one week and kids account for more than A QUARTER of all infections as schools open for in-person learning across the US
The new case count is the highest total during the pandemic and 25% higher than the previous week
Children now account for 26% of active COVID-19 cases, also another pandemic-high
More than half of COVID-19 cases among children are in the U.S. South in states such as Florida and Texas
Schools have become hotspots for the virus only weeks into the school year, with more than 1,000 schools already closing
I am learning to practise Patience, to buy in batches, wait it out, find Entry, ready Bullets and Values. We need to thank shorties giving chances to small time buyer like me to buy 10 - 20 lots. Hope to learn more from our Sifus here.
While IBs and analysts are talking about ASP declining, overwhelming new players on board, and whatnot, they choose to ignore gloves players have accumulated large amount of cash in the past one and a half years, Delta outbreak is continuing around the world, new gloves demand from developing countries such as Africa continent and even Papua New Guinea are being ignored. Covid-19 is a century long pandemic. It is not a short pandemic like swine flu, SARs or H1N1. It is a very sad thing for mankind including me having to endeavour over all this suffering.
niet Dompeilee tomorrow it will open at 2.95 guaranteed by Bursa Malaysia. This is a price adjustment after dividend. This is also you do not know but want to give price advice. 08/09/2021 8:55 PM
2.95 is merely a 'reference price'. It can open trading @ any price it d@mn well wishes, subject of course to limit up & limit down boundaries. THIS you don't even know lol
Biden’s top trade adviser, US Trade Representative Katherine Tai, has been vocal about what she describes as China’s “coercive and unfair trade practices”. The tariff exemptions on the medical goods and personal protective equipment are set to expire on September 30. Trump put the exemptions in place after the pandemic began to spread wildly in the US. US may
US might install back the tariff on China medical goods and protective equipment after September 30.
Taipei, Sept. 8 (CNA) Taiwan on Wednesday reported nine new COVID-19 cases -- seven transmitted domestically and two contracted overseas -- and zero deaths from the disease, according to the Central Epidemic Command Center (CECC).
All seven domestic cases were reported in New Taipei, the CECC said.
The nine new cases bring the total in Taiwan to 16,056, of which 14,393 are domestic infections reported since May 15, when the country first recorded more than 100 COVID-19 cases in a single day.
The younger Kuan seem to be inexperience when briefing the gloves business to the press. Especially the important business briefing must provide important data when talk about ASP, competitors. He seem lacking in all aspects. TG director Lim is different more experience and provided a detailed information with charts of company growth on gloves business. BC young Kuan of poor briefing this has affected the downgrade of company shares and also other glove stocks.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
senake_i
6 posts
Posted by senake_i > 2021-09-08 21:55 | Report Abuse
lol