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Overview
Financial Highlight
Headlines
Business Background Grand Hoover Bhd is a Malaysia based investment holding company. The business activity of the group is functioned through Trading, Property development, and Investment management service segments. The company derives the majority of revenue from Trading segment which includes trading and supply of hard wares and all related products such as ceramic tiles, marble, sanitary wares, piping, and fittings. Geographically, the activities are carried out through the region of Malaysia.
 Be the first to like this.   tronx Dropping again. This is what bursa call pump and dump. See u again at 80 sen 23/11/2017 10:38 AM Sebastian Power where is the interested party want joint?? Almost half a year liao stll no update The only thing interesting of this company is Dr Yu Kuan Chon. I hope he will buy upto 5%. 10/04/2018 3:59 PM Sebastian Power 650000 units at 0.70 just sapu like that.Who else sapu if not one of the big shark??? Think seriously 12/04/2018 4:43 PM Sebastian Power this garbage company only left hand to right hand trading. Boring 19/09/2018 11:45 AM  ǷearlꙌhite This is a classic example of a company that should not be listed in the first place. It is very apparent that this company has loads obsolete stock that should be written off and assets that should be impaired. Revenue seems to be growing, but GP margins are below 5%. Seems like every RM1 sale has no profits at all! 01/03/2019 7:48 PM ǷearlꙌhite This company's financials should be audited every quarter from now on. Every quarter, net cash from operations is -RM2 million (despite the increase in revenue every quarter) and total debts outstanding is RM11.5 million. When you look at the balance sheet, assets are deliberately revalued for the purposes of obtaining financing. Why? This company is no longer a going concern from its principle activities and using the bank facilities to survive (against its long term assets). The provision of financial assistance from the holding co. (which really is just a holding co. with zero revenues of its own) really doesn't mean anything. When all Current Assets - Total Liabilities = it equals just the value of the shareholders funds back by its Properties value, it begs the question: - 1) The actual market value of its properties 2) The actual market value of is stocks 3) Whether it is a going concern 4) Whether it should still be listed Beware as the main shareholders may be exploiting its financing deals to draw a salary without interest of sustaining the company. 19/06/2019 12:04 PM TanHuatHeng I didnt miss after a thing after awhile. Happy New Year. Neeew Yeear New Luck. I will q to buy :) 05/01/2021 10:23 AM dompeilee dompeilee Bought Hoover this morning @ 77c 02/09/2020 3:41 PM Go go GOOOOOOO!!!!! =) 03/02/2021 3:24 PM yiqqre HOOVER - Unusual Market Activity HOOVER - Unusual Market ActivityILC-15022021-00003Bursa Malaysia Securities Berhad has on 15 February 2021 issued an UMA query onthe sharp rise in the price and volume of HOOVER shares recently. In thisrespect, investors are advised to take note of the Company?s reply to the aboveUMA query which will be posted at Bursa Malaysia?s website under the companyannouncements,http://www.bursamalaysia.com/market/listed-companies/company-announcements/ when making their investment decision. The contents of the UMAquery is as follows:- We draw your attention to the sharp rise in price andvolume of your Company?s shares recently (?trading activity?). In light ofthe above and in order for investors to be able to make informed investmentdecisions, you are requested to respond, after making due enquiry with yourdirectors, major shareholders and such other relevant persons, to the followingqueries immediately for public release in accordance with Paragraph 9.11 of theMain Market Listing Requirements ("LR"): 1. Whether there is any corporatedevelopment relating to your Group?s business and affairs that has not beenpreviously announced that may account for the trading activity including thosein the stage of negotiation/discussion. If yes, kindly provide the detailsincluding status of the corporate development to enable investors to makeinformed investment decisions; 2. Whether there is any rumour or reportconcerning the business and affairs of the Group that may account for thetrading activity and in this respect, you are required to comply withParagraphs 9.09 and 9.10 of Bursa Securities LR; 3. Whether you are awareof any other possible explanation to account for the trading activity; and4. Whether you are in compliance with the Bursa Securities LR, in particularParagraph 9.03 of the Bursa securities LR on immediate disclosure obligations.Please note that the contents of the announcement must be endorsed by the Boardof Directors of the Company and the announcement must reach Bursa Securitiesimmediately via Bursa LINK.Vice President MSDYou are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment, please accessthe Bursa website at http://www.bursamalaysia.com 15/02/2021 03:41 PM 15/02/2021 4:00 PM gcke @yiqqre my response. Lately, Unusual Market Activity (UMA) letters were issued to public listed companies by Bursa when their share prices were unrelentingly pumped up to reach ridiculous highs. These include companies mostly mid-size capitalization, poor performing, and weak fundamentals. After oft similar replies were made to Bursa, their prices will continue to ascend incredulously next to even more new high. The price moves, actions, and patterns recorded over the trading days were noticeably spurious. Investing public needs strong and effective regulators to ensure the equity market is devoid of any pernicious manipulation to safeguard their better interests. 22/05/2021 7:50 PM dompeilee dompeilee SOLD some Hoover @ 1.19 =) Q some @ limit-up =)) 11/02/2021 10:56 AM Thanks Hoover! Luckily I got out completely months ago... 12/09/2021 12:19 PM | |
