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HOCK SENG LEE BHD (HSL BHD) – Harga Sangat Low!!!

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Publish date: Mon, 16 May 2016, 03:12 PM

Sarawak counters has come under the radar recently that the 11th Sarawak Election clinching yet another two-thirds majority, could push Sarawak stocks towards a rebound as they have dipped over the past month.

One that is most interesting among the rest are the Hock Seng Lee Sdn Bhd, a Sarawak based company that recently added RM1.5billion worth of contract to the pipeline on the yet to announced last quarter alone (Quarter ending 30 March 2016)

What is interesting in this more than 2-fold additional worth of project is, how this scenario will have potentially great positive impact on the coming quarter, to be announce next week (20+ May 2016). Taking 10% as downpayment for this additional RM1.5billion alone is RM150mil. This amount alone is almost the revenue of a typical quarter.

The coming QR result announcement can be very interesting to watch! Share price now is very interesting to collect.

Please feel free to share your thoughts 

    

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2 people like this. Showing 5 of 5 comments

newbie92

Next CMSB?

2016-05-16 16:11

Telecaster

No. CMSB and HSL is very distinct. CMSB was bogged down by their production plants divisions as explained in their press release. They operates cement plants and smelting plants, which consume alot of consumables and depends on price of commodity. Cement price is fixed per 50kg bags. additional cost will eat into their margin. especially the shut down and maintenance during last quarter. The cost of replacement parts for mill equipments mostly are USD or Euro denominated, most parts come from Europe. they also suffer lost on their smelting plants.

so just because they are from sarawak, cannot equate them. So CMSB also a Malaysian company, so any other counter in Bursa also 'the next CMSB'? i think this way of linking is wrong la.

I cant tell how the qr for HSL will turn out, but looking at their current condition, it all indicates goodness la. Their property sold out despite the current property situation. And their awarded project more than doubled. first trench of downpayment claims for these project if recorded as revenue alone can be extremely substantial.

Sarawak, despite the Pan Borneo Highway, the overal construction is low. And their cement plant suffer from low demand because of this.

Heres why HSL is not the next CMSB, in my humble opinion

2016-05-16 19:28

chiongster1234

yes, think is temporary pressing down the prices.

2016-05-16 19:33

tjhldg

Thanks for sharing

2016-05-16 19:58

tsy88

I think without doubt Hsl shall reflect its true fundamental value over time !!

2016-05-18 20:45

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