HLT is in the right track but too late to chase others . And the trend is almost over. Others already solid and in nice condition. While HLT still struggle with so many issue. Normally counter with soo many issue soon or sooner will left over.
Ive followed hlt forum for a long time, seems like mike is the only one telling the truth yet attacked by those who didnt share the same opinion with him.
QR1 profit RM2.6M price shoot up to RM3.33, but QR2 profit RM4.9M price drop RM1.59. Doesn't make sense, sooner price will shoot up back past RM5. Be patient, ignore naysayers.
Mikecyc nvr issue buy sell, BUT he condemn hlt, he laughed when hlt in red, with hahaha, with add oil lor those sacarstic words, calling those support hlt as con artists, what are those nonsense? people red people angry.
agree with stockpanda, trade HLT based on TA only, FA wise not so good. HL Rubber Industries Sdn Bhd is the subsidiary of HLT Global to produce rubber glove; unfortunately, HLT Global only owns 55% of this entity. So if HL Rubber Industries makes 100mil on selling gloves, HLT Global only gets 55mil. Thats the reason why the profit until now is not "explosive". The other glove dipping line business still makes more money than the glove business. Lets see if tmr share price can sustain at today closing price.
From a low of 10 cents share price with gloves businesses haven't started yet and real profits haven't reflected into its financial results , so some sort of risks should be concerned if one would interest to invest under current price even though share price has retreated by half .
0188 HLT, HLT GLOBAL BERHAD - + Additional Listing Announcement /Subdivision of Shares 1 Sep 2020, 07:00 Additional Listing Announcement /Subdivision of Shares 1. Details of corporate proposal Whether the corporate proposal involves the issuance of new type and new class of securities? N Types of corporate proposal : Exercise of Warrants Details of corporate proposal : Conversion of Warrants to Ordinary Shares No. of shares issued under this corporate proposal : 6,293,600 Issue price per share ($$) : 0.2000 Par Value ($$) (if applicable) : 0.000 Latest issued share capital after the above corporate proposal In the following Units : 577,921,449 Issued Share Capital ($$) : Malaysian Ringgit (MYR) 87,833,159.000 Listing Date : 02/09/2020 Remarks: You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
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....
SuperPanda
11,431 posts
Posted by SuperPanda > 2020-09-01 20:54 | Report Abuse
HLT glove segment just recover from loss this qtr, while rest of glove already double and triple its profit
HLT dipping line also not have significant revenue from covid19 (6 mths already) and its rubber subsidiary only hold 55% stake