 | Stock: [HOHUP]: HO HUP CONSTRUCTION COMPANY Mar 31, 2019 12:17 PM | Report Abuse Be careful!
Possible to revisit PN17 |
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| Price Target (CJCEN): CJ Century Logistics Holdings - Hit By Margin Compression Mar 29, 2019 11:28 PM | Report Abuse It is worth so much more.. more.. more.. |
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| Price Target (CJCEN): CJ Century Logistics Holdings - Hit By Margin Compression Mar 29, 2019 10:24 PM | Report Abuse If evaluate the value of the Share by Sum of Parts, I. e. Take the value of the Integrated Logistic Business +Procurement Business +Logistics Business... |
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| Stock: [HOHUP]: HO HUP CONSTRUCTION COMPANY Mar 29, 2019 3:41 PM | Report Abuse But would there be a white Knight, looking at the such bad time and state of the Company... |
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| Stock: [HOHUP]: HO HUP CONSTRUCTION COMPANY Mar 29, 2019 3:35 PM | Report Abuse Look at the BJC Mall, so long already still has not got an equity Shareholder... From rumours of the Canadian fund to Pavilion REIT.. to Qatar Investment (still pending Due Deligence since 21st Jan 2019) who is also the 2nd largest shareholders in Pavilion Reit..
The Mall costs about RM1. 2B... |
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| Stock: [HOHUP]: HO HUP CONSTRUCTION COMPANY Mar 29, 2019 3:28 PM | Report Abuse If otherwise, could be pure Goreng Goreng.. |
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| Stock: [HOHUP]: HO HUP CONSTRUCTION COMPANY Mar 29, 2019 3:26 PM | Report Abuse A white Knight with deep pocket and lot of cash might be coming for the rescue to reap the potential in Hohup....
There are potential risks...
Key is the success of the BJC Mall... |
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| Stock: [SCGM]: SCGM BHD Mar 28, 2019 7:27 PM | Report Abuse Hi Dave Cheng,
Can you please explain and elaborate your "photo and oxo degradable which is still plastic", how long does it take for the plastic to be degraded and what is the true meaning of "degradable"? How well do the packaging materials used by SCGM go down with the Environment Authority? Are the materials considered "environment friendly"?
Thank you. |
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| Stock: [HOHUP]: HO HUP CONSTRUCTION COMPANY Mar 28, 2019 6:56 PM | Report Abuse If there is no cash inflow from their JDA with Pioneer Heaven Sdn Bhd of Malton in BJC, can't imagine how Hohup could pull through the next 2 years. Hopefully, Malton stays strong financially and finds an equity Shareholder for their Pavilion Bukit Jalil Mall and could pay Hohup's 18% entitlements in Cash, not holding up payments or pay in the form of unsold properties..
Uncertainties linger... |
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| Stock: [HOHUP]: HO HUP CONSTRUCTION COMPANY Mar 28, 2019 5:17 PM | Report Abuse Poor Hohup
Finance Cost alone for FY 2018 was RM 22.9 Millions |
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| Stock: [HOHUP]: HO HUP CONSTRUCTION COMPANY Mar 28, 2019 7:22 AM | Report Abuse This company may face liquidity problem later...
Total borrowings as of 31st Dec 2018 is
RM 366,343,000
The company kept increase bank borrowing since FY 2015, details are as follows :
Increase in borrowings
FY 2015 RM79, 249,000
FY 2016. RM61, 703,000
FY 2017. RM64, 721,000
FY 2018. RM57, 823,000
----------------------------------------------
TOTAL : RM263, 496,000
As of 31st Dec 2018, the company has negative cash in the form of overdraft....
:( |
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| Stock: [SCGM]: SCGM BHD Mar 28, 2019 12:07 AM | Report Abuse Many forsaw no good QR for the 3rd Q but a good 4th Q... That's why there was no significant drop in the price after announcement of the loss making 3rd QR.
Two Market Sifu forecast a good 4th QR, Absolutelystock.com (Tong Kooi Ong) and Dynaquest (Dr Neoh Soon Kian).
Would you trust these two Veteran Market Sifu? |
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| Blog: IB's Take-Two Tales: Dayang & SGCM Mar 27, 2019 11:55 PM | Report Abuse The market spoken anyway |
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| Blog: IB's Take-Two Tales: Dayang & SGCM Mar 27, 2019 11:55 PM | Report Abuse The plastic used by SCGM is degradable, it will decompose in a 5 years period. It is not those normal plastic. Isn't this environment friendly as well? |
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| Stock: [SCGM]: SCGM BHD Mar 27, 2019 9:14 PM | Report Abuse The gist are all in there. Short and concise. |
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| Stock: [PADINI]: PADINI HOLDINGS BHD Mar 27, 2019 7:03 PM | Report Abuse Padini....
Good to accumulate... |
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| Stock: [GENTING]: GENTING BHD Mar 27, 2019 6:06 PM | Report Abuse Fundamental sound but when funds are getting out, there is no way to stop the slide in the share price... Maybe it is opportunity for long term investor if you could get it cheap...
Haha.. I am watching but have not bought..
Where is the likely bottom? Anyone can please highlight? |
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| Stock: [HOHUP]: HO HUP CONSTRUCTION COMPANY Mar 27, 2019 5:59 PM | Report Abuse After researched more and read up the latest AR and announcements (have not been following for about 2 years) I must highlight that:
1) Hohup's debts is building UP TO THE LIMITS already... Now total debts about rm400 million. The company built up too much fixed asset, the HOHUP TOWER in BJC, the land development right in KK, the 430 acres land in kulai, all are not generating cash flow... was built or acquired with borrowed money...
2) All assets including the 18% entitlements to the JDA in BJC are placed with banks as collateral for borrowings. The company had gone desperate, even borrowed at very high rates @12% per annum for rm69 millions from a company of a major shareholders who has substantial influence on the company.
3) The receivables are building up, latest as high as rm193 millions if I remember correctly..
The company owns a few shop lots at the BJC, likely from the JDA..maybe contra against entitlement claims and had put in the shop lots as collateral for borrowing..
4) Risks go along with Malton if the latter could not get an equity Shareholder for the Pavilion Mall at BJC... Hohup would be strapped if it could not get paid for its entitlements from Malton for its JDA at BJC... It would be dead then...
Please be aware of the risks as well.. |
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| Stock: [SCGM]: SCGM BHD Mar 27, 2019 10:43 AM | Report Abuse Followers of Kenanga sell and followers of Pbb buy... That will only make up the market... LOL |
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| Stock: [PADINI]: PADINI HOLDINGS BHD Mar 23, 2019 9:53 PM | Report Abuse O&G on the way to Holland.. Hihi |
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| Stock: [HOHUP]: HO HUP CONSTRUCTION COMPANY Mar 21, 2019 5:35 PM | Report Abuse As of 30th June 2018, Hohup's 18% entitlements to the JDA at BJC is Rm253, 000,000.
SOURCE : MALTON'S AR 2018, note 18(f),as follow :
18. PROPERTY DEVELOPMENT COSTS (Cont’d)
(f) Pursuant to the Joint Development Agreement (“JDA”) dated 16 March 2010, and the Supplemental
Agreement dated 3 July 2012 (“SA”), Bukit Jalil Development Sdn Bhd (“BJDSB”), a third party, was
required to deliver vacant possession of a parcel of freehold land measuring approximately 50 acres
to Pioneer Haven Sdn Bhd (“PHSB”), a wholly-owned subsidiary company, for development. All the
development costs shall be borne by PHSB. PHSB is entitled to 82% of the gross development value of
the development, whereas BJDSB is entitled to 18% of the gross development value of the development
provided that the total entitlement of BJDSB should not be lesser than RM220,000,000 in accordance
with the terms of the JDA and the SA.
Included in property development costs is freehold land proprietor’s entitlement amounting to
RM314,489,000 (2017: RM394,446,000), of which RM253,358,000 (2017: RM274,778,000) [Note 32 (c)]
is payable to BJDSB, a third party.....
BJDSB is a wholly owned subsidiary of Hohup..
Chunks of payment $$$$ will come in....
QATAR Investment had given notice of intent to take an equity in the Pavilion BJC Mall 2 months ago...
Stay tune... |
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| Stock: [HOHUP]: HO HUP CONSTRUCTION COMPANY Mar 21, 2019 5:21 PM | Report Abuse INSAS BECAME SUBSTANTIAL SHAREHOLDERS IN AUGUST 2013.
Bought all the way to RM1++, NOW Holding 13.5 %
Average cost should be RM1++
:) |
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| Stock: [HOHUP]: HO HUP CONSTRUCTION COMPANY Mar 21, 2019 5:18 PM | Report Abuse Notice of Interest Sub. S-hldr (29A)
HO HUP CONSTRUCTION COMPANY BHD
Particulars of Substantial Securities Holder
Name
Insas Berhad
Address No. 45-5, The Boulevard, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur
NRIC/Passport No/Company No. 4081-M
Nationality/Country of incorporation Malaysia
Descriptions (Class & nominal value) Ordinary Shares of RM1.00 each
Name & address of registered holder Insas Plaza Sdn. Bhd.
No. 45-5, The Boulevard, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur
Date interest acquired & no of securities acquired
Currency Malaysian Ringgit (MYR)
Date interest acquired 15/08/2013
No of securities 270,000
Circumstances by reason of which Securities Holder has interest Acquisition of shares through open market by Insas Plaza Sdn. Bhd.
Nature of interest Indirect
Price Transacted ($$)
Total no of securities after change
Direct (units) 0
Direct (%) 0
Indirect/deemed interest (units) 5,323,800
Indirect/deemed interest (%) 5.22
Date of notice 21/08/2013 |
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| Stock: [HOHUP]: HO HUP CONSTRUCTION COMPANY Mar 21, 2019 5:15 PM | Report Abuse Actually is Formis Holdings Berhad now name changed to Omesti Berhad.
It was almost 8 years ago... |
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| Stock: [HOHUP]: HO HUP CONSTRUCTION COMPANY Mar 21, 2019 5:10 PM | Report Abuse Notice of Interest Sub. S-hldr (29A)
HO HUP CONSTRUCTION COMPANY BHD
Particulars of Substantial Securities Holder
Name
Formis Resources Berhad
Address 16th Floor, Menara PanGlobal, 8 Lorong P. Ramlee, 50250 Kuala Lumpur
NRIC/Passport No/Company No. 530701-T
Nationality/Country of incorporation Incorporated in Malaysia
Descriptions (Class & nominal value) Ordinary Shares of RM1.00 each
Name & address of registered holder Formis Holdings Berhad
16th Floor, Menara PanGlobal, 8 Lorong P. Ramlee, 50250 Kuala Lumpur
Date interest acquired & no of securities acquired
Currency Malaysian Ringgit (MYR)
Date interest acquired 28/06/2011
No of securities 21,000,000
Circumstances by reason of which Securities Holder has interest Deemed interested by virtue of Formis Holdings Berhad being a wholly-owned subsidiary of Formis Resources Berhad pursuant to Section 6A of the Companies Act, 1965.
Nature of interest Indirect Interest
Price Transacted ($$) 0.800
Total no of securities after change
Direct (units) 0
Direct (%) 0
Indirect/deemed interest (units) 21,000,000
Indirect/deemed interest (%) 20.59
Date of notice 28/06/2011
Formis Resources first took over 20.59% or 2 1,000,000 shares @80 cents per share |
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| Stock: [SCGM]: SCGM BHD Mar 20, 2019 9:59 PM | Report Abuse Want to buy leong shares loh...
Hope that it will be selling like in Pasar Malam..
Anyway, QR will be announced on 26th..
Hmmm....any lelong then? haha! |
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| Stock: [SCGM]: SCGM BHD Mar 20, 2019 7:28 PM | Report Abuse QR till now not announced.
Usually announced by the 15th of March every year.
Why the delay?
Very bad results?
Need to massage? |
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| Stock: [DAYANG]: DAYANG ENTERPRISE HOLDINGS BHD Mar 19, 2019 10:56 PM | Report Abuse 50％ gross margin, which is what Dayang made in the last QR, is not sustainable. Petronas is an idiot if they allowed their contractors make that kind of profit margin. |
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| Stock: [DAYANG]: DAYANG ENTERPRISE HOLDINGS BHD Mar 19, 2019 6:24 PM | Report Abuse Date Price Target Source
18/03/2019 1.20 KENANGA
14/03/2019 1.25 PUBLIC BANK
25/02/2019 1.30 MIDF
25/02/2019 0.92 KENANGA
25/02/2019 0.91 HLG
26/11/2018 0.95 PUBLIC BANK
26/11/2018 1.30 MIDF
26/11/2018 0.83 KENANGA
26/11/2018 0.86 HLG
I thought those IBs kept revising their TP upwards...
No?
LOL |
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| Blog: A GEM OVERLOOKED : POTENTIAL DARLING OF THE MARKET Mar 17, 2019 9:35 AM | Report Abuse Have you bought? |
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| Stock: [HOHUP]: HO HUP CONSTRUCTION COMPANY Mar 15, 2019 7:08 AM | Report Abuse All the hypes in Oil and Gas, vulnerable to losses later whereas this is a gem, so undervalued...
Park some money here is wisdom.. Hihi |
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| Stock: [NAIM]: NAIM HOLDINGS BHD Mar 14, 2019 12:21 AM | Report Abuse 45 cent RI, no body wanted. - OR was 0.5 cent, millions on board for sales and it went off like dirt, no one wanted.. RI undersubscribed..
Now all the shits become gold after a matter of less than 3 months..
This is one of the wonders of the world, the stock market..
That's why so many are addicted and got hooked to the stock markets where there are plenty of joys as well as sorrows.. Haha..
Good luck and huat... Have joys and no sorrows please.. |
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| Stock: [HOHUP]: HO HUP CONSTRUCTION COMPANY Mar 13, 2019 7:42 PM | Report Abuse Of course, the bulk of the cash would come in on completion and sales of the BJC Mall scheduled for completion by the 4Q 2020.. |
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| Stock: [HOHUP]: HO HUP CONSTRUCTION COMPANY Mar 13, 2019 7:40 PM | Report Abuse @44 cents, the market cap of the Company is only rm165m, yet there are about RM300 million cash flowing into the company in the next 2 years... What a feast.. |
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| Stock: [HOHUP]: HO HUP CONSTRUCTION COMPANY Mar 13, 2019 7:21 PM | Report Abuse It will move on...
by then Hohup likely is zero debt or net cash company, be able to pay dividend.. .BJC PARK 2 GDV RM 700 million, 18% will roll in in later years also... There are another Hotel and Office Tower yet to be built by Pioneer Haven in BJC... Some more $$$$...Hohup has balance 2.8 acres land in the BJC project for a condo development ...
Hohup would have grown into a much stronger and bigger property development /construction company after BJC fully completed...
It's cheap..... |
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| Stock: [HOHUP]: HO HUP CONSTRUCTION COMPANY Mar 12, 2019 7:05 PM | Report Abuse JDA with Malton in BJC, Malton's unbilled sales @BJC approximately rm1.0 billion. Hohup's 18% entitlement would be Rm180 million.
The Pavilion BJC Mall, a GDV of about RM 1.4 billion, Hohup's 18% entitlement would be about RM250 million.
WOW! Once the Mall is sold to an equity partner, which can happen anytime soon, all the $$$$$ would come into Hohup's coffers.
4 Blocks of Park Sky Residence is scheduled to be handed over in the next 3-6 months...
$$$$$$ are coming.... |
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| Stock: [HOHUP]: HO HUP CONSTRUCTION COMPANY Mar 12, 2019 6:01 PM | Report Abuse Suddenly burst into life with active trading in the 1st hour of the 2nd session in the afternoon. |
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| Stock: [HOHUP]: HO HUP CONSTRUCTION COMPANY Mar 12, 2019 5:58 PM | Report Abuse Something is brewing. |
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| Stock: [KESM]: KESM INDUSTRIES BHD Mar 12, 2019 5:54 PM | Report Abuse But now the NTA is RM 8.34 |
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| Stock: [KESM]: KESM INDUSTRIES BHD Mar 12, 2019 5:51 PM | Report Abuse FY Ended 31 July
(RM ‘000)
2014 2015 2016 2017 2018
Revenue 254,365 263,122 285,734 337,988 349,777
Profit Before Tax 19,804 24,039 36,239 47,843 43,686
Net Profit Attributable to
Owners of the Company 10,883 17,031 30,683 43,994 39,338
Total Equity Attributable to
Owners of the Company 245,459 260,466 286,718 329,139 356,507
Basic Earnings Per Share (sen) 25.3 39.6 71.3 102.3 91.5
Dividend Per Share (sen) 3.0 6.0 7.5 12.5 18.5
2014 /2015 earnings were even better, but then the share price was only rm2-3
Just hope for the best..
Anyway I have no position.. |
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| Stock: [KESM]: KESM INDUSTRIES BHD Mar 12, 2019 5:45 PM | Report Abuse Disaster |
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| Stock: [VELESTO]: VELESTO ENERGY BERHAD Mar 11, 2019 11:59 PM | Report Abuse Date Price Target Source News
01/03/2019 0.25 HLG Price Target News
28/02/2019 0.33 BIMB Price Target News
28/02/2019 0.24 AmInvest Price Target News
28/02/2019 0.30 Affin Hwang Capital Price Target News
13/02/2019 0.25 HLG Price Target News
26/11/2018 0.27 HLG Price Target News
26/11/2018 0.33 BIMB Price Target News
26/11/2018 0.24 AmInvest Price Target News
26/11/2018 0.30 Affin Hwang Capital
All these IBs 。。。。。。 |
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| Blog: (CHOIVO CAPITAL) The Art of Trading (DAYANG) Profitably Around Mr Koon Yew Yin and Mr Ooi Teik Bee. Mar 10, 2019 2:53 PM | Report Abuse Stock prices could be manipulated so are earnings over a period of time, maybe over a full cycle of up and down.. Haha |
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| Stock: [AEMULUS]: AEMULUS HOLDINGS BHD Mar 9, 2019 9:54 PM | Report Abuse Market already crashed within the 24 - 36 months, I think, so can buy after the crash.. Lol |
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| Blog: Dayang : DOES DAYANG RM 1.38 WORTH IT TO INVEST NOW ? PE 10 Is just a fairy tale story? Mar 6, 2019 6:54 PM | Report Abuse Dayang reported 50% gross margin in the last QR... So fantastic... Is Petronas and other oil corporations so generous in dishing out contract m works with a fat gross margin of 50%? ..would it be sustainable? Jobs are scarce and the market place must be very competitive.. Or If you choose to believe that Dayang is simply a super efficient company.. hihi.. |
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| Blog: O&G maintenance, construction and modifications Mar 6, 2019 1:56 PM | Report Abuse Dayang is a super company loh because if you check it out, Petra Energy only last quarter results gross margin is only about 16%... |
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| Blog: O&G maintenance, construction and modifications Mar 6, 2019 1:25 PM | Report Abuse Haha! Very lucrative lah! Excluding the write back of impairment loss, Dayang achieved a gross margin of 50%. |
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| Stock: [DAYANG]: DAYANG ENTERPRISE HOLDINGS BHD Mar 5, 2019 6:07 PM | Report Abuse To close the Gaps kah? 2 Gaps woh.. 118 and 86? Any Sifu please help!! Mati kah... chase high dy.. :( |
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| Stock: [DAYANG]: DAYANG ENTERPRISE HOLDINGS BHD Mar 5, 2019 5:05 PM | Report Abuse TP 118?
Looking for Sifu Advice! |
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| Stock: [CCK]: CCK CONSOLIDATED HOLDINGS BHD Mar 1, 2019 5:10 PM | Report Abuse Watch out a flying egg next week |
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