Only doctors,nurses and special medical ppl wear glove,even restaurants also not use much and production is so huge. Not like mask every one have to use it,price already up so much, once the Covid-19 is over,price will come down

When we say UWC,Greatec,Penta,Dufu are overvalued, many say they are tech stocks with high profit margin, potential growth and 5-G related, so can have high P/E,now see the price dropped. When Covid-19 is over, the glove stocks still can have such a high valuations?

p/e is high, but prospect is very bright. acquired land to expand to meet the demand of gloves. every company is valued for a reason, and many investors willing to value HARTA a premium due to its a good company

@zhe yuan . u r correct that u said company fundamental good is the most important. may i ask u, which company fundamental is the BEST in bursa? as of now? there is no doubt, it’s HARTA!! maybe u just said like this because u didn’t buy one year ago when HARTA dropped. that time it’s fundamental still very good, WHY u didn’t buy?

@kida I always say to myself invest smart and trade smart. Now is glove era b3xause of Corona virus, so its simple just trade glove sector , glove sector is the most safe counter now. Always follow the trend hehe. Last year was tech era so i trade more on tech counter.

if u see at history, after SARS outbreak, the glove sector continue to soar even up to one year after SARS is controlled. why? it’s because the sales is always reflecting in QR. FEB QR reflect oct to dec. may QR REFLECT jan to march. so even after virus is controlled, the share can still rise due to the future result still going to reflect.

and when i bought harta, i didn’t know there will be virus outbreak, i bought because of good fundamentals and bright future prospect, even without virus outbreak, harta still will continue to perform, because of AMG gloves, the efficiency of its operation which is the highest technology in the world, industry 4.0 and IOT smart system it used, it still going to crunch out the highest margin

btw, i am glad u bought glove counter, but which counter is very important, don’t forget the dragon head always lead the way, if harta the dragon head can’t perform, i doubt the rest can, maybe just goreng for short term only for the others, but for long term profit rise and stock price rise, it’s still harta the dragon head. please be smart when u choose stock in a sector, mind u, p/e is only for amateurs

@zhe is not 3 months, but it’s 3 quarters. and is 2.1biillion. so basically, next QR, which is Q4, it will be historical high revenue and profit, and made 2020 whole year to be historical high as well, that’s why i am bullish it’s stock price will break historical high and continue to rise high!

i don’t look at the stock market every hour. basically i look at it in morning, afternoon and after 5pm when it closed. i am glad that i bought in this valuable Harta last time for long term growth. it suits my style too

when all stocks red, harta can be the one which is still green, because this is the only company people are confident that next few quarters can give continuous growth. even if there is correction back to rm6 something, i still believe the price can come back to 7.5 then towards 8 then 9. it needs time and few quarters to prove himself

it’s interesting to see many people finding excuses since one year ago, about how expensive is HARTA, how bad it is. But one thing for sure, nobody can stop the trend of gloves now. the orders and efficiency will only keep increasing, the ASP also keep increasing. where can u find a better business when u can raise ur selling price amid global economy recession? and ur sales and orders keep increasing?

78 days ago, i said harta and topglove will move to top 10 in KLCI. well, it happened.

i bought HARTA one year ago when it was 4.8-5.2. that time many people laughed at me, say 4.5 or below 4 is the fair price. they never buy and some short term trader just sell between 5-6. well, i made over 100% gain, well, be careful of the current high valuation though. there is one saying goes,

适可而止