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[公司专区] 5168 Hartalega 贺特佳

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发表于 2009-12-30 19:13 | 显示全部楼层
什么意思????


5168    HARTA    HARTALEGA HOLDINGS BHD  
TILLOTSON PATENT RULED INVALID BY U.S. COURT OF APPEALS  

HARTALEGA HOLDINGS BERHAD ("Company" or "Harta")
TILLOTSON PATENT RULED INVALID BY U.S. COURT OF APPEALS
The Board of Directors of Harta wishes to announce that on 14 December 2009,
the U. S. Court of Appeals for the Federal Circuit ruled that the Tillotson
Patent on nitrile glove (United States Patent No.35,616) is invalid. The U. S.
Court of Appeals upheld the decision of the U. S. International Trade
Commission (ITC) that the Tillotson Patent is invalid.
In May 2007, Tillotson Corporation filed a complaint to the U. S. ITC against a
long list of nitrile glove manufacturers in Malaysia, Indonesia, China and
manufacturers and re-sellers in the U.S.A. Twelve glove manufacturers in
Malaysia were named in the complaint.
Seven of the Malaysian respondents joined together to challenge Tillotsons
claim in the ITC investigation. Their challenge was co-ordinated by the
Malaysian Rubber Glove Manufacturers Association (MARGMA), and they were
represented by Perry R. Clark, an attorney in the Palo Alto, California office
of Kirkland & Ellis, LLP. The respondents included:  Hartalega Holdings Sdn.
Bhd., Laglove (M) Sdn. Bhd., Latexx Partners Berhad, Kossan Rubber Industries
Bhd., Riverstone Resources Sdn. Bhd., Top Glove Corporation Bhd., and YTY
Holdings Sdn. Bhd.
On August 25, 2008, an Administrative Law Judge (ALJ) at the U. S. ITC issued
an initial determination finding that the claim of infringement of the
Tillotson Patent on nitrile gloves filed by Tillotson Corporation against
manufacturers and re-sellers in the United States, Malaysia, Indonesia and
China, was invalid.
On 22 December 2008, the ITC confirmed the ruling of the ALJ and decided that
there had been no violation of U.S.C. Section 1337 and the investigation was
terminated.
This announcement is dated 30 December 2009.


30/12/2009   05:31 PM

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发表于 2009-12-30 21:23 | 显示全部楼层
Google Translate http://translate.google.com

The Board of Directors of Harta wishes to announce that on 14 December 2009,
the U. S. Court of Appeals for the Federal Circuit ruled that the Tillotson
Patent on nitrile glove (United States Patent No.35,616) is invalid. The U. S.
Court of Appeals upheld the decision of the U. S. International Trade
Commission (ITC) that the Tillotson Patent is invalid.

对哈尔塔董事会谨此公布,12月14日2009年
美国上诉法院联邦巡回裁定蒂洛森
对丁腈手套(美国专利35,616)专利是无效的。美国
上诉法院维持了美国国际贸易的决定
委员会(ITC)表示,蒂洛森专利是无效的。

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发表于 2009-12-30 23:32 | 显示全部楼层
Google Translate http://translate.google.com

The Board of Directors of Harta wishes to announce that on 14 December 2009,
the U. S. Court of Appeals for the Federal Circuit ruled that the Tillotso ...
貓紋爪 发表于 2009-12-30 21:23


是好事还是坏事??? 不明白

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发表于 2010-1-1 09:28 | 显示全部楼层
我理解的是

之前有公司去美国法庭投诉 Harta等等 侵权. 美国法庭判不成立. 美国上诉庭支持原判.

所以没事

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发表于 2010-1-14 12:21 | 显示全部楼层
base on last 4 quater PE = 16
BASE ON estimated 2009 PE =  14.5  (assume last q eps =13.66)
base on eps increase 30% to 0.663 estimated 2010 PE = 11

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发表于 2010-1-14 17:43 | 显示全部楼层
Integrated Rubber Corp trading at PE 82.16 times, highest in sector           PDF           Print           E-mail

Tags: glove makers | Integrated Rubber Corp Bhd | price to earnings
Written by Joseph Chin   
Thursday, 14 January 2010 14:40
Bookmark and Share

KUALA LUMPUR: Integrated Rubber Corp Bhd (IRCB), whose share price surged to RM1.74 at the midday break on Thursday, Jan 14, is trading at a price-to-earnings of 82.16 times, which is the highest in the sector.

Due to the unusual market activity regarding the share price and volume traded, the company said it was unaware of the reasons. Trading was halted from 2.30pm to 3.30pm.

Data obtained from Bloomberg showed the average PE for the sector in the healthcare equipment and services was 23.94 times.

ADVENTA BHD [], whose share price was at RM4.22 at midday, was trading at a PE of 35.9 times; LATEXX PARTNERS BHD [] RM4.84 (22.67 times), KOSSAN RUBBER INDUSTRIES BHD [] RM6.93 (19.19 times) and Supermax Corp Bhd RM6.09 (18.47 times).

Top Glove Bhd, the world's largest glove maker, which closed at RM11.74 at midday, is only trading at a PE of 17.27 times and HARTALEGA HOLDINGS BHD [] RM7.34 (15.85 times).

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发表于 2010-1-15 11:57 | 显示全部楼层
“VERY OVERBOUGHT"

Malaysian rubber glove makers are “very overbought, the bull will have to pause a bit,” said Stephen Soo, senior technical analyst at TA Securities.

On technical charts, the Relative Strength Indicator (RSI) for all Malaysian rubber glove makers are hovering around 90, way above the 70 level that marks the overbought territory.

Share prices of rubber glove makers may drop one-third over a period of two weeks when a correction takes place, said Soo.“The share price gains have run ahead of 2010 earnings,” said a chief investment officer from a bank-backed fund management firm whose company policy does not allow him to be quoted.

While demand was strong, it remained to be seen if glove makers could ramp up production capacity fast enough to meet it. There was also a risk that surging raw material costs could dent profit margins, he said.

Infrastructure constraints, such as natural gas shortages, could derail companies’ expansion plans, industry players have said.

And the price of rubber latex, from which gloves are made, has risen by more than two-thirds since last July .The world’s top supplier, Thailand, denies it is sitting on stocks that it could release - Reuters

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发表于 2010-1-16 14:37 | 显示全部楼层
本帖最后由 红龙 于 2010-1-16 14:40 编辑

HARTA




Outstanding Share242,312



Price7.06
Share Cap121,156
RM'000




YEAR2Q201020092008

revenue259,908443,204257,582

PBT73,89995,48276,024

Net Profit Att to SH59,48184,51169,554

Profit Margin28.43%21.54%29.51%

Net Profit Margin22.89%19.07%27.00%

Currant Asset178,104128,446
69,180


Currant Liability79,77852,84549,430

Long Term Liability61,53767,49840,375

Total Liability141,315120,34389,805

Interest Expense1,7692,429719

Cash On Hand98,28538,1508,311

Cash Per Share (RM)0.410.160.03

Shareholder's Equity294,868254,500179,590

EPS(sen)24.5534.8828.70

NTA1.221.050.74

NTA Growth%15.8641.71#DIV/0!

Currant Ratio2.232.431.40

Dividend0.050.120

DY %0.711.700.00

ROE20.1733.2138.73

PE28.7620.2424.60

D/E0.480.470.50







QEQEQEq/qy/y
RM'0002Q20101Q20102Q2009%%
Revenue134,572125,336111,4957.3720.70
Pretax Profit41,19632,70321,45525.9792.01
Profit after Tax33,15526,38818,39925.6480.20
Net Profit Att to SH33,10626,37518,36725.5280.25
EPS (sen)13.6610.887.58

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发表于 2010-1-19 01:37 | 显示全部楼层
我的目标价是至少9元在今年年底以前。

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发表于 2010-1-19 22:31 | 显示全部楼层
賀特佳第三季料賺3700萬

    * 大馬財經
    * 即時新聞

2010-01-19 14:03

(吉隆坡)賀特佳(HARTA,5168,主板工業產品組)即將在1月28日(下週四)公佈第3季業績,聯昌研究預測,在生產力改善,加上價格調整下,此公司第3季淨利有望取得3700萬令吉。

這項淨利按季增長12%,按年則強力成長70%,使首9個月淨利可達9648萬令吉,稍微超越聯昌全年預測的2%。賀特佳第二季淨利為3315萬5000令吉,半年淨賺5948萬1000令吉。

即管對業績前景樂觀,不過,聯昌暫時維持2010至2012年的財測不變,2010全年預測保持在1億2580萬令吉。

聯昌表示,一旦調整成本預測、確實生產數據和賺利後,2010年財測將上調8%,2011年上調16%,而2012年則調高6%。維持“超越大市”評級,目標價為11令吉24仙。評級上調潛能包括季度業績顯著改善、更佳的產品混合、更高生產力和進行的產能擴充計劃。

聯昌也預測第4季業績將比預期好,持續的革新產品和膠手套的前景利惠是最大“賣點”。
星洲互動‧2010.01.19

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发表于 2010-1-21 23:20 | 显示全部楼层
Legend For Price Chart

End Of Day Closing          --------------------

KLCI Daily Value              --------------------

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发表于 2010-1-26 11:45 | 显示全部楼层
Maybank 的分析报告:

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发表于 2010-1-26 13:59 | 显示全部楼层
HARTA今年又要大杀四方了
拜那H1N1 咯
不过迟早会回落的一天
看看是几时吧
-)

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发表于 2010-1-27 10:27 | 显示全部楼层
OSK Research maintains Buy on Hartalega, ups target price        
Written by OSK Investment Research
Wednesday, 27 January 2010 08:43


KUALA LUMPUR: OSK Investment Research is maintaining its Buy call on Hartalega at RM7.33 with a target price of RM8.92, up from the previous RM8.12.

It said on Wednesday, Jan 27 that it expects the 3QFY10 results, targeted to be announced on Thursday to be slightly better q-o-q.

In 2QFY10, Hartalega’s net profit was RM33.1 million, which was an improvement of 25.5% q-o-q.

“We estimate its 3QFY10 net profit to be about 10% higher, which is considered good given that there was no capacity expansion in 3QFY10 although its utilisation rate was higher and selling prices were raised by about US$1.00-US$2.00 per 1,000 pieces to pass on the latex cost increase to its customers,” it said.

OSK Research also upgraded the FY10-11 forecasts by 10%-15% in line with the gradual growth in demand for examination rubber gloves. Target price raised to RM8.92 (previously RM8.12), based on the existing 14 times FY11 EPS.

Hartalega differentiates itself by specialising in the production of nitrile gloves targeted at the healthcare MNCs.

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发表于 2010-1-28 10:09 | 显示全部楼层
本帖最后由 井底蛙 于 2010-1-28 10:12 编辑

井底蛙去年的一个无聊功课

在大马说到手套股要是有谁不知道顶级手套,那么他算是白参与马股了,那到底是什么原因让它如此声名大噪呢?不外乎那了不起的回酬咯。

先说说从它ipo就买一张的投资者吧,01年挂牌,ipo价格2.70零吉,所以成本就是2,700零吉,间中数次的红股和一次股票分拆,到今天投资者将持有5,096股,到昨天为止的闭市价为9.99零吉,则资本回酬为1,785.52%,外加已得股息2,523.55零吉(被扣税的不计算在内,因为井底蛙的股息到现在还claim不回来,所以就当其它投资者和井底蛙一样吧),实际回酬和纸上盈利总和为1,878.98%。

井底蛙是不赞成买ipo股票的,所以如果给它将近两年的观察期,那么井底蛙假设某投资者以02年财政年的闭市价买进,那么当时的价格为2.21零吉,成本就是2,210零吉,到今天投资者将持有2,800股,到昨天为止的闭市价为9.99零吉,则资本回酬为1,165.70%,外加已得股息1,540.76零吉,实际回酬和纸上盈利总和为1,235.85%。即使时间再推迟一年,既是以将近三年的时间来观察它,以03年财政年的闭市价买进,那么当时的价格为3.96零吉,成本就是3,960零吉,到今天投资者将持有2,800股,到昨天为止的闭市价为9.99零吉,则资本回酬为606.36%,外加已得股息1,271.76零吉,实际回酬和纸上盈利总和为638.48%。

以谨慎的心态观察后才买进,顶级在六年的时间提供了六百多巴仙的回酬,又一buy n hold的实例,井底蛙知道很多投资者寄望贺特佳是第二个顶级,结果如何大家就拭目以待吧。


其实,有没有人想过,为何证券行不敢出手套股的CW?
蚂蚁小弟 发表于 2010-1-21 18:57

应该在不久的将来就会陆续有来了吧

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发表于 2010-1-28 12:41 | 显示全部楼层
TOPGLOVE-CA
是不是CW? 证券行开始看衰它料?

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发表于 2010-1-28 17:47 | 显示全部楼层
5168    HARTA    HARTALEGA HOLDINGS BHD
Quarterly rpt on consolidated results for the financial period ended 31/12/2009
Quarter:3rd Quarter
Financial Year End:31/03/2010
Report Status:Unaudited
Submitted By:WONG MAW CHUAN
Current Year QuarterPreceding Year Corresponding QuarterCurrent Year to DatePreceding Year Corresponding Period
31/12/200931/12/200831/12/200931/12/2008
RM '000RM '000RM '000RM '000
1Revenue148,599119,056408,507318,388
2Profit/Loss Before Tax47,47725,279121,37661,538
3Profit/Loss After Tax and Minority Interest37,25222,21296,79553,527
4Net Profit/Loss For The Period37,20022,22896,68153,484
5Basic Earnings/Loss Per Shares (sen)15.359.1739.9022.07
6Dividend Per Share (sen)5.000.0010.004.00
As At End of Current QuarterAs At Preceding Financial Year End
7Net Tangible Assets Per Share (RM) 1.31981.0499
Remarks:
N/A

28/01/2010   05:45 PM


Ref Code: 20100128FA00131

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发表于 2010-1-29 18:52 | 显示全部楼层
RHB Research ups Hartalega FV to RM7.93
Written by RHB Research
Friday, 29 January 2010 09:37


KUALA LUMPUR: RHB Research has raised fair value for Hartalega to RM7.93 (from RM7.36) based on unchanged target CY10 PER of 13 times. However, its Market Perform call, however, remains unchanged.

It said on Friday, Jan 29, Hartalega’s 3QFY03/10 net profit came in above its but within consensus expectations with nine-month net profit of RM96.8 million (+80.8% on-year) accounting for 81.8% and 75.3% of its and consensus estimates respectively.

Key variances were better-than-expected margins, where Hartalega achieved nine-month EBIT margin of 30.3% versus full-year FY10 EBIT margin of 25.8%, partly offset by a higher-than-expected effective tax rate.

"We have raised our FY10-12 EBITDA projections by 8.6-11.8% to reflect the better-than-expected margins achieved by Hartalega thus far. At the same time, we have raised our FY10-12 interest cost assumptions, and effective tax rate assumptions to 20% p.a. (from 12% p.a.).

"As a result, our FY10-12 earnings projections have been raised by up to 10.0%, 7.1% and 1.0% respectively," it said.

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发表于 2010-1-31 00:09 | 显示全部楼层
淨利符預期 立佳續受看好

(吉隆坡30日訊)立佳手套控股(HARTA,5168,主板工業股)首9個月的淨利表現符合市場預測。同時,市場人士認為,該公司的無粉合成膠(Nitrile)手套將會帶動其盈利和賺幅表現。


該公司在週四公佈2010財政年第三季(截至去年12月31日)的業績。隨著該公司的賺幅提高,帶動其2010財政年首9個月取得9690萬令吉的淨利。

大致上,其首9個月的淨利表現符合分析員預測。同時,他們認為,該公司的無粉合成膠手套將會提高其盈利和賺幅。

僑豐投行分析員表示,他們持續看好該公司,主要是因為它在無粉合成橡膠手套的全球市場老大地位,這將會讓他們能夠尋求更好的價格,而這會轉換成其手套較高的賺幅。

隨著管理層預測,保健領域將會持續從天然膠手套,轉向無粉合成膠手套,所以MIDF研究分析員預測,該手套占總銷量將會提高至80%。而在09財政年,無粉合成膠手套佔了總手套銷售的72%。同時,他們將2010財政年的盈利預測重新上調12.5%,至1億2110萬令吉。

另一方面,馬投資銀行分析員指出,該公司能夠在2010財政年第三季取得不俗的表現,主要是因為較高的平均銷售價(ASP)(按季成長2至3%)和銷售量(按季上7至8%)。

「我們預測,在平均銷售價、銷售量和賺幅的扶持下,該公司將會在末季取得相同強勁的表現。」

此外,他們認為,該公司的產能擴展活動將會帶動其成長。新的第5工廠將會從3月10日開始運作,為該公司增加30億件手套,這將促使該公司2012財政年帶來99億件手套的總產量。

「我們預測,2011財政年會呈現強勁的盈利和賺幅,但是卻會對2012財政年感到謹慎。這主要是因為隨著新產量流入市場,導致市場出現供應過多的現象,而可能會使到應用服務供應商和賺幅受到侵蝕。」

儘管如此,由於其高賺幅能夠和市場整合對抗,所以分析員相信,他們會比同行更能防守。

整體而言,僑豐投行、MIDF研究和馬投資銀行分析員分別維持該公司「買進」、「短線買進」和「買進」投資評級;目標價格則分別是8.92令吉、7.82令吉和8.30令吉。

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发表于 2010-2-8 01:19 | 显示全部楼层
今天我发现到 harta top 30 shareholder 总共占了 91.09%
balance float 8.91%

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