Monday, December 20, 2010

Hartalega 5168


These are extracted from annual report Hartalega
  • 83% sales is nitrile gloves
  • Increase 43 fold in 6 years
  • Creating switching mementum in the market from natural rubber to nitile gloves
  • Share of USA increased from 2% to 22% in 5 years
  • World's most efficient glove manufacturer
  • One of the lowest overhead cost per glove without having increase main power needs
  • Malaysia lowest cost producer of gloves
  • Selling at 28 countries and 130 customer base
Current price RM 4.97, Last 4 quarteres EPS 47.4
PE 10.42

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