103443539 AbdulRahim
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$HARTA (5168.MY)$
Today, let's discuss Hartalega, the leading glove manufacturer. Yesterday, the U.S. President signed a tariff agreement which mentioned 0% tariffs on rubber products. However, this agreement remains highly ambiguous and does not explicitly specify whether gloves are included.
If investors decide to purchase gloves today based on this unclear tariff agreement, it would be considered highly risky. It is already known that China’s Yingke will begin operations at its plant in Indonesia by the end of this year.
For more clarity, we should observe for another two quarters. If Yingke’s glove production proceeds smoothly, a significant portion of Malaysia’s glove market could be eroded.
Malaysia’s upcoming foreign labor laws, SST (Sales and Service Tax), and rising electricity costs will all impact the company’s profitability. We shall wait and see.
Today, let's discuss Hartalega, the leading glove manufacturer. Yesterday, the U.S. President signed a tariff agreement which mentioned 0% tariffs on rubber products. However, this agreement remains highly ambiguous and does not explicitly specify whether gloves are included.
If investors decide to purchase gloves today based on this unclear tariff agreement, it would be considered highly risky. It is already known that China’s Yingke will begin operations at its plant in Indonesia by the end of this year.
For more clarity, we should observe for another two quarters. If Yingke’s glove production proceeds smoothly, a significant portion of Malaysia’s glove market could be eroded.
Malaysia’s upcoming foreign labor laws, SST (Sales and Service Tax), and rising electricity costs will all impact the company’s profitability. We shall wait and see.
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$HARTA (5168.MY)$ next week announcement institution bought again.
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103443539 AbdulRahim
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$HARTA (5168.MY)$ top glove positive profit announced. gogogo rubber glove
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$HARTA (5168.MY)$ A short squeeze will cause the stock price to rise rapidly, hahaha
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103443539 AbdulRahim
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$HARTA (5168.MY)$ Gurus, could you predict how high this will rise?
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103443539 AbdulRahim
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$HARTA (5168.MY)$ Top glove is the one making the profit but harta share price increase more. 🤣
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103443539 AbdulRahim OP : big buying in single transaction. gogogo
103443539 AbdulRahim OP : flushing out retailer today. tomorrow onwards price shall increase gradually.![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
103443539 AbdulRahim OP 104655307 : you can see this at intradays charts , volume transaction.![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)