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Business Background Hap Seng Consolidated Bhd is an investment holding company. Its subsidiaries produce crude palm oil, develop and invest in commercial and residential real estate, offer financial services such as hire purchase and leasing and term-loans to small and medium enterprises, operate Mercedes Benz dealerships, trade and distribute fertilizers and agrochemicals, and trade and produce building materials such as clay bricks and ceramic tiles. The majority of Hap Seng's revenue is generated in Malaysia with smaller operations in Singapore and Indonesia.
18 people like this. DividendGuy67 HAPSENG +4.17%. Thanks HAPSENG for making my portfolio to hit new all time high again! Today is the 9th time this month that my portfolio has made new all time highs! What an amazing month! 21/11/2023 6:12 PM DividendGuy67 @pang72, I think when HAPSENG fell from 7 down to 6, to 5, to 4, to nearly 3, market was worried that something has been broken permanently in HAPSENG. However, with the declaration of 15 sen dividend, this brings YTD dividend to 25 sen, within its range over the past 8 years. 25 sen is within 80% of its long term payout ratio over past 8 years. This means HAPSENG business model has not broken over past 8 years, notwitstanding a lot of fears and traders claiming HAPSENG is dead at RM3. Its long term historical price is near RM7. There is still a long way to go. Still, the reason is not important. Price action says it all. My strategy remains unchanged. Never chase. Take partial profits on strength and recycle into stocks that are cheaper. HAPSENG still pays attractive dividends on 25 sen - that's still 5% at current price of RM5. Still pays better than FD, although slightly below EPF now. For me, as long as I can still find decent, wonderful businesses paying dividend yields higher than 5%, I will sell HAPSENG on strength (since on strength, its dividend yield will dip below 5%), to buy higher dividend yields, if all else are identical / comparable. I would not short HAPSENG. 21/11/2023 6:18 PM Pgraduate123 DividendGuy. So what's the confirmed dividend. Mainstream news only reported it'd profit, no mentioning of Div 21/11/2023 7:27 PM hhhiii123 qr look good, expect property segment suffer loss, next qr should be much more better given recovery of property segment and HSR project. 21/11/2023 8:57 PM furball Business fundamental still intact it seems...."... Group PBT for the current quarter was RM133.2 million, marginally lower than the immediate preceding quarter of RM134.1 million..." Group PBT for the current quarter at RM138.5 million was significantly lower than the immediate preceding quarter of RM729.1 million mainly due to the gain arising from the disposal of HCML in the immediate preceding quarter. Excluding gain from disposal of subsidiaries disclosed in Note 5 below, Group PBT for the current quarter was RM133.2 million, marginally lower than the immediate preceding quarter of RM134.1 million. 23/11/2023 5:06 PM Aubree Hap Seng's hospitality segment is expected to benefit from the continuing growth in the tourism sector with improving tourist arrivals. 27/11/2023 2:13 PM dompeilee Luckily I resisted the temptation to re-purchase this just for the dividend...🤗 05/12/2023 4:38 PM hhhiii123 Hope Sabah can benefit from new indo capital next year https://www.chinapress.com.my/20231223/%e5%8d%b0%e5%b0%bc%e6%96%b0%e9%83%bd%e5%bb%ba%e8%ae%be-%e5%b7%b2%e5%ae%9e%e7%8e%b0%e9%80%be124%e4%ba%bf%e6%8a%95%e8%b5%84%e6%89%bf%e8%af%ba/ 23/12/2023 8:39 AM Aubree Drop in Hap Seng Consolidated share price offers opportunity for yield seekers https://theedgemalaysia.com/node/693597 26/12/2023 11:21 AM wallstreetrookieNEW Hap Seng Consolidated's 4Q 23 Result is expected to beat analyst expectations thanks to recovery in FCPO prices and the revitalization of the property market, boosted by the possible HSR project and upbeat real estate market. 29/01/2024 8:14 PM Michael Kwok Calvin tan also follow.walstreetrookie also follow,other sifu also follow.look like this counter ong coming. 13/2/24 1.05pm Hapseng 4.71 Magic number 4.64 Tp rm 6 9/1/24 2.20pm 13/02/2024 1:05 PM DividendGuy67 HAPSENG +1.66%, trying to make an upward move. This plus other green is enough to offset the reds, to propel my portfolio to make new all time high again today. Thank-you Mr Market. 14/02/2024 10:54 PM Aubree Dialog instead was included in MSCI Malaysia Small Cap Index, along with Hap Seng Consolidated, Hextar Global , Pavillion REIT and WCE Holdings. https://www.nst.com.my/business/corporate/2024/02/1012923/ytl-corp-ytl-power-and-dialog-among-most-actively-traded-post 15/02/2024 12:30 PM Aubree Not bad this HapSeng's q4 result. Still able to make more than Rm1 billion in revenue 😲 28/02/2024 5:58 PM Medusa Hahahaha so many ANAL-yst🤭 RM 6 ---> RM 5.50 ---> Rm 5 ----> RM 4.80 ---> RM 4.60 ---> RM 4.40 ---> RM 4.20 Kikiki… 29/02/2024 6:16 PM Aubree Boosting its sales https://www.nst.com.my/business/corporate/2024/03/1023634/kl-midtown-open-selling-grade-corporate-towers-or-branding-rights 11/03/2024 11:45 AM UpUpRocket These counters got dividends. Investors sayang want to sell. So price still high loh. 05/04/2024 3:31 PM | |