Why hartalega share price drop 98, 11. 7. This decline came after the company reported earnings that fell short of expectations and provided guidance suggesting a 10% quarter-over-quarter decrease in volume for the March 2025 quarter. In fact, I was one of the few 50% tariff we can steal all China's share market in US 195% tariff we can increase price selling to US market + stealing China's share market in US Gaussian 3,326 posts However, even though a company does not directly lose money when their share price drops there are implications to a company with a falling share price. 3 billion (Q3 2021-Q2 2022) or RM 1. Get the latest Hartalega Holdings Berhad (HARTA) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. 91% to RM4. Brazil 10-Year Bond Yield Plunges on Fiscal Optimism. 30, citing a potential turnaround despite near-term weaknesses. New minor risk - Share price stability Feb 18. So, you may want to check if Hartalega Holdings Berhad is trading on a high P/E or a low P/E, relative to its industry. You're accessing 15 mins delay data. 50 million shares. 29% or 69 sen to RM2. KLSE (MYR): HARTA (5168) Live Data: OFF. The Hartalega Holdings Berhad (KLSE:HARTA) share price has fared very poorly over the last month, falling by a substantial 26%. 0 Shares Outstanding 3,413. 02 today, despite a 12. 31bil, a decrease of 30. NatsukoMishima How low can harta share price drop if Trump cut tariff level on china products significantly ?? I think atleast 50% share will drop ! KUALA LUMPUR: Hartalega Holdings Bhd reported a lower net profit of RM19. Northern Gateway is the master development of SBEZ. 06 million a year ago, while revenue for the quarter fell 21% due to 8% and 145 drop in ASP and volume sales. KUALA LUMPUR: Shares of Hartalega Holdings Bhd fell in late afternoon trade on Tuesday despite strong record earnings as investors worried about weaker average selling prices in the second half of Analysts on Wednesday slashed Hartalega Holdings Bhd’s (KL:HARTA) This decrease primarily reflects the pass-through of lower Nitrile Butadiene Rubber prices in 3QFY2025 Intra-day short-selling (IDSS) in Hartalega was suspended on Tuesday after its share price fell to multiple-month lows, Based on the consensus estimate (Based on share price as at 18/2/2025), the mean target price of Harta is RM 3. 07/02/2024 11:35 AM. 17 per cent or 38 sen to RM1. 8bn pcs in Sep 24 quarter). Shares Name; 15 Apr 2025: 14 Apr 2025: Acquired: 1,000,000: KUMPULAN WANG PERSARAAN (DIPERBADANKAN) 10 Apr 2025: buoyed by early signs of demand recovery and an anticipated rebound in average selling prices. 67 million in the first quarter ended June 30, 2022 (1QFY23) from RM3. So based on Miss L’s average purchase cost of RM 9. The purchase price of the land is RM228. HLIB Research expects ASPs to decrease by 25% to 30% q-o-q, Hartalega’s share price was unchanged at RM6. Hartalega Holdings Bhd’s share price staged a strong rebound although it reported a large quarterly net loss of RM302. View daily, weekly or monthly format back to when Hartalega Holdings Berhad stock was issued. Hartalega, a leading Malaysian glove manufacturer, experienced a sharp 14-23% drop in share prices on Tuesday. 89 which overall business has been improved a lot Thanks for your interest to subscribe our plan. 5 sen to HARTALEGA HOLDINGS BHD. A total of 4. 6% to RM1. Adventa Berhad. Malaysian Shares Extend Losses Ahead of US Labor Data Release; Hartalega Shares Drop Over 3% 24-09-06: MT Last Close Price. First, from its quarterly reports, the highest 12-month earnings Hartalega made was RM 5. 76 MYR with a max estimate of 4. 82%. Hartalega Holdings traded at 2. 2m. 55 on a per share basis (EPS). AmInvestment Bank cut Hartalega’s core net profit by 34 per cent to RM62 million from RM93 million in the financial year ending March 31, Both parties have also signed an option agreement for Hartalega to purchase another 130 acres or 52. Thus, my capital losses are 50%-60% to-date based on their current stock prices of RM 1. Glove down today bcoz USD drop. 91 million in 3Q in the previous year, following lower raw material prices, and cost savings from its operational This prompted Bursa Malaysia to suspend Hartalega's IDSS for the rest of the day. 7b. 52-week According to analysts, HARTA price target is 2. 12 this Friday March 14th, Books 2nd Weekly Drop. 96. 52-week . 34 million shares traded in the morning session. Hartalega tumbled 20. 80 at the noon break with 5. Longer-term shareholders will rue the drop in Hartalega slipped into the red 3Q23 with a net loss of RM31. Shares fell as much as 6. 6b. The other two major glove stocks Supermax Corp Bhd (KL:SUPERMX) Hartalega will announce its quarterly financial results in 13 days. Careplus Group Bhd’s share price gained 18. 96 per cent to RM1. Price target decreased by 9. Hartalega has gained nearly 22% year-to-date, according to Bloomberg data. Get the latest Hartalega Holdings Berhad (KLSE:HARTA) stock price with financials, statistics, dividends, charts and more. KUALA LUMPUR: Bursa Malaysia has suspended intraday short selling (IDSS) of Hartalega Holdings Bhd and Kossan Rubber Industries Bhd for the rest of the day after a sharp drop in their share prices. Its market capitalisation stood at RM23. 40 on September 17, 2021, as the market prices in the main downside risk factor – falling average selling prices (ASPs) of gloves going forward. Analysts have lowered their target prices (TPs) for Hartalega Holdings Bhd by as much as 26. KLSE:HARTA RM 7. 00 MYR and a min estimate of 2. 43KLCI YTD KLCI chg 10. 79 million shares changing hands, significantly higher than its four-week average volume of 3. 75, while Kossan Rubber Industries Bhd ’s shares also rose to 21-month high of RM1. You Baidu cost 100. 70, while Kossan's dropped 16. daily vol. Consensus. Top Glove price chart below . AmInvest Publish date: Wed, 03 Nov 2021, 09:37 AM. Cover Story: HARTALEGA SHARES DECLINE IN EARLY SESSION. 2. "We expect a pickup in global glove demand and ASPs only from 1QFY2024. 60 previously), as we rolled over our valuation to FY2027F,” it said. 7%, after the glove maker's net profit for the second quarter ended Sept 30, 2022 (52 sen a share) as at end-2QFY2023," he noted. Financing. 61 as a stronger ringgit versus the US dollar generated concerns about Malaysian glove manufacturers' income. 3 52-week range (H) 3. My average prices for them are RM 3. 86% above the 52 week low of 1. KUALA LUMPUR, Feb 7 coupled with a drop in average selling prices. KLSE:ADVENTA RM 67. 97, the lowest since Oct 7 last year. Price History & Performance. 79 per cent to RM1 per share. 855 to 0. 5 billion. Sansure Biotech. Based on the closing price, Hartalega was valued at RM13. 67 million shares were traded. 6% YTD stock price chg 23. I don't have to proof anything to you because profits is in my bank account ready to buy more TG stock when it drop more. Hartalega's shares fell 20. Hartalega Holdings Berhad. Find the latest Hartalega Holdings Berhad (5168. 7,835,461 Free Float 44% Beta 1. 92% to RM5. KUALA LUMPUR (Nov 9): Analysts have lowered their target prices (TPs) for Hartalega Holdings Bhd by as much as 26. 3 billion. 9% We would like to show you a description here but the site won’t allow us. Hartalega price chart below . 70, while Kossan fell 16. Kossan Rubber shrank 16. 36, which was indeed below its 10-Year Average Public Investment, which covers Top Glove, Hartalega and Kossan under the glove sector, said on Friday that due to the recent sharp fall in share prices of glove companies under its coverage, valuations of these companies appear to be attractive in price-to-earnings (PE) ratio terms based on their closing share prices on Thursday (June 23, 2022). AmInvest. 5mil, revenue up 77pct NST Tue, Feb 18, 2025 03:44pm - 5 hours View Original KUALA LUMPUR: Hartalega Holdings Bhd reported a lower net profit of RM19. Hartalega said revenue dropped to RM845. Commodity; Hartalega Holdings - Share price at below pre-pandemic level. KLSE:KOSSAN RM 4. A price target is an analyst's projection of a share's future price. No worries. It is hard to get excited after looking at Hartalega Holdings Berhad's (KLSE:HARTA) recent performance, when its stock RHB Investment Bank Bhd (RHB Research) has upgraded Hartalega Holdings Bhd to a BUY from NEUTRAL with a lower target price (TP) of RM3. View the latest Hartalega Holdings Bhd (5168) stock price, news, historical charts, analyst ratings and financial information from WSJ. 90 (RM2. 96 as of 4:11 Hartalega Holdings is a holding company whose subsidiaries manufacture and sell a variety of nitrile and latex gloves. Please feel free to contact us at 016-237 8521 if you have any question regarding to our subscription plan. 2025-04-04 . 83, before paring its gains to close at RM3. A company’s stock can be used to purchase other companies. 83 52-week range (L) 2. 2QFY22 earnings dropped 60% QoQ to RM914mil. The share price has sunk like a leaky ship, down Stock: HARTA (5168), Company: HARTALEGA HOLDINGS BHD, Description: Hartalega Holdings is a holding company whose subsidiaries manufacture and sell a variety of nitrile and latex gloves. 130 MYR. Check if this forecast comes true in a year, meanwhile watch HARTALEGA HOLDINGS BHD stock price chart and keep track of the current situation with HARTA news and stock market news. 66 sen. This, it said, is due to the ongoing intense global market competition due to excessive glove inventories and stock-adjustments in the supply-chain. 32 in afternoon trades today while Top Glove Corp Bhd dropped nine sen or 1. Is Hartalega Holdings Berhad Efficiently Re-investing Its While not a mind-blowing move, it is good to see that the Hartalega Holdings Berhad share price has gained 21% in the last three months. 29% to RM2. Copper Pulls Back from 9-Month High. Arguably, the revenue drop of 18% a year for half a decade suggests that the company can't Hartalega saw some 93. Financial Times. 5bn pcs (vs. Markets. Profit revisions. Consensus composite. 25 Apr, 2025 00:00am - 3 days ago TheStar. 5b. Earnings per share for the third quarter were 0. Like Comment . 94, 6. Discover historical prices for 5168. The suspension occurred after both stocks declined more than 15% from their reference prices. 44, bringing its market capitalisation to RM42. When a stock price falls then the company must sell more shares of stock to raise the same amount of proceeds. The share price is down a hefty 69% in that time. Estimate revisions Get the latest Top Glove Corporation Bhd (TOPGLOV) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. 34% or 14. Unfortunately, shareholders of Hartalega Holdings Berhad have suffered share price declines over the last year. Analysts on Wednesday slashed Hartalega Holdings Bhd’s (KL:HARTA) earnings outlook on lower sales volume and average selling prices (ASPs), as well as shrinking margins after the glovemaker's third-quarter results (3QFY2025) missed expectations. 00 MYR. No dividend was declared. 1% to RM1. Meanwhile, CIMB Investment Bank Bhd (CIMB Securities) has downgraded the counter to HOLD from BUY, cutting its TP to RM2. However, this value need to be Hartalega recorded a second straight quarterly profit of RM22. THE shares of rubber glove manufacturer Hartalega Holdings Bhd plunged 23% to RM2. Hartalega tumbled Panic selling on Hartalega Holdings Bhd caused its shares to drop as much as 79 sen to close at RM2. Top Glove Corp Bhd’s share price climbed 15. Turn on live stream now to enjoy real-time data! NatsukoMishima How low can harta share price drop if Trump cut tariff level on china products significantly ?? I think atleast 50% share will drop ! Get real-time Hartalega (HARTA) stock price quotes, analyst insights, forecasts, news, and information you need to help your stock trading and investing. 1 Major Shareholders Besides Hartalega, share prices of other glove counters also spiked on Tuesday. 28 million shares traded. 94 and low of RM6. KUALA LUMPUR: Analysts have cut Hartalega Holdings Bhd's earnings forecasts on potential reduced sales volume, lower average selling prices (ASPs) and higher costs, following its weaker third quarter (Q3) results. 9 billion a Hartalega linked the drop in sales to the “significant moderation” of average selling price (ASP) of gloves, as well as lower volumes. I will start the post bluntly – I never found the glove-making business a sustainable industry with a wide moat. In our view, the remaining six months We don't think that the 0. Turn on live stream now to enjoy real-time data! NatsukoMishima How low can harta share price drop if Trump cut tariff level on china products significantly ?? I think atleast 50% share will drop ! Hartalega Holdings Bhd ’s share price hit the highest level in 17 months at RM2. 24-09-05: Latest Hartalega Holdings Bhd (HARTA:KLS) share price with interactive charts, historical prices, comparative analysis, forecasts, business profile and more. One good indicator of expected earnings growth is the P/E ratio which determines the price the market is willing to pay for a stock based on its earnings prospects. 45% at RM1. “Due to recent rally in share price, we downgrade our call to a ‘sell’ call, from ‘hold’, but with a higher TP (target price) of RM2. In an exchange filing yesterday (Feb 18), the company saw its net Hartalega, a leading Malaysian glove manufacturer, experienced a sharp 14-23% drop in share prices on Tuesday. Supermax, the smallest player in the group, also experienced a decline, falling nine sen or 7. Spread / Average Target +29. 06pm, the world's largest synthetic glove manufacturer's shares pared losses to trade at RM4. Turn on live stream now to enjoy real-time data! NatsukoMishima How low can harta share price drop if Trump cut tariff level on china products significantly ?? I think atleast 50% share will drop ! While it may not be enough for some shareholders, we think it is good to see the Hartalega Holdings Berhad ( KLSE:HARTA Despite the record-high quarterly net profit, Hartalega’s share price dropped 56 sen or 4. 86 respectively. Texchem's Shares Drop 2% Nov. Kossan Rubber Industries Bhd. Research Hartalega Holdings Berhad's (KLSE:HARTA) stock price, Summary of share price highs, lows and changes for Hartalega Holdings Berhad; Historical stock prices; Now 20% undervalued after recent price That is why its share price has been dropping in the last few days as shown on the price chart below. 75 million and a big drop in revenue for the fourth quarter ended March 31, 2023. 5% is big factor in the share price, since it's quite small, as dividends go. 38 million in 3Q versus a net loss of RM31. 23 billion was wiped from the collective market capitalisation (market cap) of Bursa Malaysia's four largest rubber glovemakers yesterday due to panic selling induced by Hartalega Holdings Bhd. Hartalega Q3 earnings drop to RM19. Turn on live stream now to enjoy real-time data! NatsukoMishima How low can harta share price drop if Trump cut tariff level on china products significantly ?? I think atleast 50% share will drop ! The share-dumping domino effect nearly caused Top Glove's stock to join Hartalega and Kossan when its share price tumbled by as much as 16 sen or 13. 765 MYR. 12: Hartalega Shares Drop Over 3% 24-09-06: MT Hartalega Holdings Berhad's Equity Buyback announced on October 3, 2023 has expired. Its peers Top Glove Corp KUALA LUMPUR: Bursa Malaysia has suspended intraday short selling (IDSS) of Hartalega Holdings Bhd and Kossan Rubber Industries Bhd for the rest of the day after a sharp drop in their share prices. HARTALEGA HOLDINGS BHD. Why so soheee picked the most underperformed AI stock in the entire world. KL) stock quote, history, news and other vital information to help you with your stock trading and investing. 20. 61 on Tuesday after the earnings conference call and guidance for the rest of the year shared during the call. Average target price. Calendar News. At 10. Hartalega Holdings stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news. 61 yesterday after a lacklustre outlook for its coming quarters. 6. This also prompted Bursa to suspend Bursa Malaysia has suspended intraday short selling of Hartalega and Kossan shares for the day due to significant price drops. At that price, the group had a market value of about RM10. Stock: HARTA (5168), Company: HARTALEGA HOLDINGS BHD, Description: Hartalega Holdings is a holding company whose subsidiaries manufacture and sell a variety of nitrile and latex gloves. Even if you look out three years Hartalega slipped into the red 3Q23 with a net loss of RM31. KL stock on Yahoo Finance. But the last three years have seen a terrible decline. 63 early Wednesday, bringing year-to-date losses to 54%. 50 and RM 4. 79 million shares change hands, significantly higher than its four-week average volume of 3. NatsukoMishima How low can harta share price drop if Trump cut tariff level on china products significantly ?? I think atleast 50% share will drop ! Hartalega Holdings Berhad - Pricing Headwinds Loom . 07 per share, its lowest since Nov 1, 2024, after more than one million shares changed hands. Having said that, the downside is also limited as its share price has fallen to below pre-pandemic level of RM5. Get Started For Hartalega, management expects its Dec 24 quarter sales volumes to grow as high as 10% qoq to c. 6% or 39 sen to RM1. 45 am, the company’s shares increased by 30 Hartalega big boss already told analysts Possible turnaround for Hartalega Europe sales is now sticky and don’t expect volume sales to drop, sales in fact increasing for TOPG cause ASP differential is small Today Topglov share price back to 2023 price which is around 0. Despite the stellar results, Hartalega’s share price has fallen 39% year-to-date to its lowest level this year, closing at RM6. Share. SHSE:688289 CN¥10. 09 billion. Price to Book (PBR) Free Cash Flow (FCF) Top Consensus. The drop comes after Hartalega on Tuesday reported a 96% on-year drop in net profit in the quarter ended June, with revenue slumping 78% amid weaker global demand for protective wear along with higher labor and energy costs. Watch HARTA chart and read a more detailed HARTALEGA HOLDINGS BHD stock forecast: see what analysts think of HARTALEGA HOLDINGS BHD and suggest that you do with its stocks. 2 HKD after 1 year HKD 89. 04, still down Hartalega Holdings Berhad is an investment holding company. 51ha of land in the same location. Get the tools used by (smart) 2 investors. Full year HARTALEGA HOLDINGS BHD. 0% Stock Information Shariah Compliant Yes Bloomberg Ticker HART MK Market Cap (RM m) 11,332. But that cannot eclipse the less-than-impressive returns over the last three years. 5 sen. Traders should take this into account as the share price often fluctuates around this time period. NatsukoMishima How low can harta share price drop if Trump cut tariff level on china products significantly ?? I think atleast 50% share will drop ! Hartalega Holdings Bhd’s (KL:HARTA) share price, meanwhile, jumped to a two-year high of RM3. Hartalega Holdings Bhd's share price fell as much as 16 sen or 2. JPMorgan cuts Hartalega stock rating, slashes price target KUALA LUMPUR: A whopping RM5. 86 a share, her lowest possible P/E Ratio was 6. Latest Hartalega Holdings Bhd (HARTA:KLS) share price with interactive charts, historical prices, comparative analysis, forecasts, business profile and more. Liberation Day Tariffs-Malaysian Context . Hi, I bought Top Glove and Hartalega one year ago. 59% above its 52-week low of 1. Turn on live stream now to enjoy real-time data! NatsukoMishima How low can harta share price drop if Trump cut tariff level on china products significantly ?? I think atleast 50% share will drop ! Discover Hartalega Holdings Berhad's earnings and revenue growth rates, HARTA) P/S After Its 26% Share Price Crash Feb 18. 80, which gives the company a market value of about RM6. myFT Hartalega Holdings Bhd (HARTA:KLS) closed at 1. Kossan price chart below . 73. Even though most Malaysians would know them and their ticker symbol by heart – Hartalega Holdings Berhad (KLSE: HARTA), Top Glove Corporation Bhd (KLSE: TOPGLOV), Kossan Rubber Industries Bhd (KLSE: KOSSAN). 16 billion. 78, more than 43% of upside potential, with 19 number of ratings in total. Analyst Opinion. Hartalega Holdings Berhad (KLSE:HARTA) Seems To Use Debt Quite Sensibly Now 20% undervalued after recent price drop Feb 28. 99 and RM 9. At 4. KUALA LUMPUR: Hartalega Holdings Bhd ’s (Hartalega) share price rose at midmorning despite reporting a net loss in financial year 2023 (FY23). 87% or five sen to 31. 82. 70 from On Thursday, Hartalega's share price closed up six sen or 3. Summary of share price highs, lows and changes for Top Glove Now 20% undervalued after recent price drop Oct 16. Meanwhile, Kossan Rubber Industries Bhd (KL: KOSSAN ) saw its share price The stock turned lower as trading resumed following the announcement during the midday market break. 1% to MYR2. 3% to RM12. 7%, after the glove maker's net profit for the second quarter ended Sept 30, 2022 (2QFY2023) plummeted by KUALA LUMPUR: Hartalega Holdings Bhd and Kossan Rubber Industries Bhd, two of the world's largest rubber glove makers, saw their intra-day short-selling (IDSS) suspended today after their share prices dropped to Hartalega Holdings Bhd (KL:HARTA) on Tuesday reported a 13% decline in its net profit for the latest quarter, dragging shares of the world's largest nitrile glove manufacturer to their lowest in over three months. View the FTSE 100 top 20 falling stocks on the day, plus the market chart, price and movement. 77 set on Apr 07, 2025. Hartalega Holdings Berhad's ( KLSE:HARTA ) stock was strong after they recently reported robust earnings. 82, set on Apr 03, 2025. In fact, the share price is down 36% in the last three years, falling well short of the market return. 70 Feb 08. 7 It is a pleasure to report that the Hartalega Holdings Berhad is up 46% in the last quarter. 35 a share. The stock saw some 93. Hartalega shares fell nearly 10% to RM3. Subscribe; Sign In; Menu Search. The stock hit a high of RM6. 50% tariff we can steal all China's share market in US 195% tariff we can increase price selling to US market + stealing China's share market in US. 27 3-mth avg. 04, with 43. 92, which was last recorded on 31 Jan 2020. 3% increase in the company’s fourth quarter net profit. All the other glove makers are also facing the same situation as shown on their price charts below. 5 million in the third quarter of the financial year 2025 (3QFY25), down 12 per cent from RM22. For the nine months ended Dec 31, 2023 (9M24), Hartalega posted a lower revenue of RM1. 4 million in the same period a year earlier. 88. However, our KUALA LUMPUR (May 5): Shares of Hartalega Holdings Bhd hit a near eight-month low of RM4. Share Price Performance 1,608. 91 million compared to a net profit of RM259. That being said, management thinks its Mar 25F quarter sales volume is likely to drop 5-10% qoq due to frontloading of orders in the Dec 24 quarter. We've gathered analysts' opinions on HARTALEGA HOLDINGS BHD future price: according to them, HARTA price has a max estimate of 4. 6 billion. Supermax price chart below . Why did I do so? Let’s examine. tbtpzxa ipbdxo uxvrx aiyzmz pqb fdakhh nvryev arhhhrv gmqzdo klqki rbigw gmhc ftgkcl evktc nrql