Highlights
KLSE: HONGSENG (0041)       HONG SENG CONSOLIDATED BERHAD MAIN : Technology
Last Price Today's Change   Day's Range   Trading Volume
0.78   0.00 (0.00%)  0.775 - 0.78  1,684,100
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  4 people like this.
 
bambooking https://www.nst.com.my/business/2021/02/667986/hong-seng-inks-agreement-hk-based-fosun-international
23/02/2021 9:00 AM
ray8793 chill, fly soon
23/02/2021 1:11 PM
roadtomillionaires -Glove factory commencing next month.
-NBL factory under construction (estimated completion date Q1 2022)
-Fosun Int Forbes 500 company JV with Hong Seng.
-Supply PCR kit to the gov's hospital (30%-40% margin)
-Insider Kenny buying the shares.


My view:
HS wants to impress Fosun by increasing the market cap significantly. HS is trying to split the share so that more retailers can join the bandwagon. Join in before it's too late.

RM 2 is coming soon. Huat a 8888.
23/02/2021 7:03 PM
1231223 you need to know that this is malaysia, it will go back to 1.1-1.2 soon , make believe , this is how they purposely eat up market money but giving make believe to public of its value , any make believe beyond company real value , time can proof . why those start to sell at Rm1.7 but making believe can hit Rm2? ?
24/02/2021 1:02 PM
ray8793 chill
24/02/2021 3:21 PM
Glaceau Post removed. Why?
25/02/2021 12:30 AM
AbsoluteNoob TP 1.95
25/02/2021 9:45 AM
tumbler Absolutenoob where u get this tp1.95. From which formula?
25/02/2021 11:14 AM
roadtomillionaires Price has been stagnant for awhile and well-supported. I guess something is big is brewing soon.
02/03/2021 9:00 PM
King KongKing To approve the Proposed Share Split involving a Subdivision of Every 1 Existing Ordinary Share In Hong Seng Consolidated Berhad (formerly known as MSCM Holdings Berhad) ("Hong Seng Share") held on an Entitlement Date to be Determined Later into 2 Hong Seng Shares

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3135079
02/03/2021 9:28 PM
King KongKing share split consider as... good news or bad news guy?? anyone can guide more abt this?
02/03/2021 9:29 PM
ray8793 Good
03/03/2021 1:05 PM
lawrgan Bankers at all time high, something worth to take a look.
04/03/2021 4:36 PM
lawrgan Going to hit the all time high.
04/03/2021 4:37 PM
roadtomillionaires bankers chips have been steadily increasing. Slowly marching RM2 and ram through the ath resistance.

Slowly but surely.
06/03/2021 1:02 AM
SWX1987 hongseng today look like having some strength. Hopefully hongseng will fly to RM2!!!
08/03/2021 9:12 AM
1231223 from 0.04 cent to Rm1.60 already 40 kali ganda in 1 year ....very unrealistic ..
08/03/2021 11:10 AM
ray8793 just hang on. Im holding no matter what
09/03/2021 12:37 PM
bambooking Actually if you read between the lines, kinda obvious new owners are building sustainable biz n price growth. My senses say this is not a pump n dump counter.
11/03/2021 2:41 PM
keoon99 keep on dropping
30/03/2021 4:29 PM
chipmunk1 i bought RM1.56. let it drop.... .double up later.
01/04/2021 2:25 PM
chipmunk1 i calculated future earning about RM0.30 per share.. if dividen policy 70% = RM0.20 per share, like putting money in FD with 10% interest.....when share price hit RM2.00
01/04/2021 2:26 PM
chipmunk1 by year end ... it should hit RM0.30 earning
per share
01/04/2021 2:27 PM
py1818 Rubber shares dropping. That is why hongseng drop.
02/04/2021 1:19 PM
py1818 1 month chart similar to careplus. Also dropping. Careplus making money also drop.
02/04/2021 1:21 PM
py1818 Dear friends

Resistant 1.35
Current price 1.31
Support 1.27

Trading range is between support 1.27 to resistant 1.35.

Strategy-
Current price does not justify buying until buying momentum breaks resistant 1.35 with volume. Don't hope for 2.00 price if resistant is not broken.

I recommend
beginners guide to support and resistant

The trading channel
Please youtube it.
This is for friends. If you don't like it, kindly ignore it.
03/04/2021 8:33 AM
py1818 I am refering to closing price. Not refering to intraday price
03/04/2021 8:41 AM
py1818 Apologies. Refer to tdameritrade support and resistance instead.
03/04/2021 9:32 AM
AbsoluteNoob good time to collect now.. management would rather have it orange than red... can nass collection in progress
06/04/2021 5:06 PM
tpeanhi why today Hong Seng suddenly up so much in the morning ?
15/04/2021 7:27 PM
roadtomillionaires RM2 then split.
15/04/2021 7:43 PM
AbsoluteNoob To approve the Proposed Share Split involving a Subdivision of Every 1 Existing Ordinary Share In Hong Seng Consolidated Berhad (formerly known as MSCM Holdings Berhad) ("Hong Seng Share") held on an Entitlement Date to be Determined Later into 2 Hong Seng Shares
16/04/2021 9:33 AM
KiasuKaki Can break 1.7?
Previous many bought high near 1.7
Sure many run and throw
20/04/2021 2:33 AM
roadtomillionaires ucrest also fly already... HS is next.
20/04/2021 8:21 PM
roadtomillionaires will surely break the 1.7 resistance next week. RM 2 on the way. dont miss the boat.
24/04/2021 10:27 AM
fl888 Hopefully, has becomenOne of Vortex substantial shareholder by way of RI?
24/04/2021 10:35 AM
roadtomillionaires something is brewing..look at the volume.. RM 2
27/04/2021 7:38 PM
KiasuKaki Up 2 days still not new?
Time to home
28/04/2021 11:47 PM
roadtomillionaires heheheh RM2 soon... yum yum
30/04/2021 9:28 PM
thundery Rubbish stock, later kena cons baru tahu
19/05/2021 9:27 AM
thundery 丰成综合上挑RM1.45/敏源 whenever you see this, is the best indicator ask you to cabut before too late
19/05/2021 9:30 AM
tpeanhi bila announce QR ?
28/05/2021 8:36 AM
Bgt 9963 Good morning.....!
28/05/2021 8:52 AM
Maxellboom No any news? Price still at 1.63. Can't fly to RM2.
08/06/2021 12:10 PM
Want2Win Hong Seng glove business to start ops

https://www.thestar.com.my/business/business-news/2021/06/08/hong-sengs-glove-business-to-start-ops
08/06/2021 2:14 PM
fortheemprah Guys, did Hong Seng management reached a breaking point of desperation and resorted to Gloves? It's like the bubble-tea and cafe rush where everyone hoped for an easy way forward.

Quick poll, do you foresee 5 years down the road to read the news headlines "Hong Seng seeking to sell its glove manufacturing assets as competition pummeled the ASP of gloves to below profitable level"?
09/06/2021 11:49 AM
Maxellboom gogogo to RM2.00.
09/06/2021 11:58 AM
ChekHupCoffee Too late to the gloves party. Only scraps left now for late arrivals.
10/06/2021 11:25 AM
wwkeong what happen to this counter , terjun waterfall
14/06/2021 10:11 AM
Maxellboom 1 separate to 2 share. wait time to release my share.
18/06/2021 10:03 AM


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