Around this price lah.

Should be 1 1/2 yr plus later.

1st production sold out immediately after the plant in operation. 2nd production line on the way, will sold out as well.

Standby, to pick from the bottom tmrw.

We have to change to Narra forum from now onward.

Just like HLI, let those who want to sell sell first. Go and pick from the bottom.

Buy tmrw, the return will be much much better than placing the money elsewhere, e.g. FD, Fund, property.......

Just draw a line from tmrw lowest till the high 2 years later, the value will just increase day by day.

Wrong lah, is rm 152.9 not share.

Dated 16/10, still hold 152.9m share. Syabus....

If it is true, will add about 7c to its current EPS 54c = 61c???

Have to wait till the world economy turn good. Dont know when, 1 yr or more????

Ir is just far beyond the correction level is should be compare to the overall market. More than 80%?????? No logic.
Just let the sellers sell.

14~16 traded "as" ex, the entitlement date is 16th 5:00 pm.
Read the Bursa announment carefully. Pls.

It is tricky, those who sell HLI on 14~16 is not entitle for Narra.

1) The above Company's securities will be traded and quoted [ "Ex - Offer" ] as from : [ 14 October 2014 ]
2) The last date of lodgement : [ 16 October 2014 ]
This means to buy HLI on 14, 15 and 16 still entitle Narra share?

Under the Capital Distribution, entitled shareholders of HLI will receive 1,080 Narra Shares for every 1,000 HLI Shares held as at 5 p.m. on 16 October 2014 (“Entitlement Date”).
Still cant sell HLI in the next 2 days.

Just ask yourself, r u willing to sell HLI at below 4.80? Sell Narra at below 4.50 after ex?

7.20 less HLI of 2013 low rm4.00, Narra is offerring at 3.20/1.08 at this moment.
Believe that it will be a very smooth transection with some profit.

If dont base on this guideline, worse still.

Agree with SY, where to keep the cash and the return is faster than inflation?
I just wonder that the interest rate 6.5% offered by EPF, ASN ... is not high enough to balance off the actual inflation rate.

After couple years of QE, money if flooding all over, where can they go?????
If u think that Malaysia's stock is expensive, how many countries economy are performing and glowing better????????????

KLL, u still ali....???
For me, if a fund's return is unable to performed more than 10%, they have to think why is it so.
Full time, specialize in economy, all types of analysing tools, resources.....
Might as well invest in ASN. Sleep sweetly...

We just dont know, where the money will go? Japan and Europe still QE, so, beside monitory, stock and gold markets, just dont know wherelse can they go.

Mor n Op, what a waste to be here.

Look at Tasek, Narra will just like that 3 years later.

All peny stocks went to the hell, sad .... story for peny stock kaki.

Myob can u pls told us more in detail.

Narra has not announce 2nd line expension yet. After confirmed, it is also a good plant to go privatization.

No contra kaki at this moment, those dont have holding power will not participate in these couple days.

Super offer price at this moment.

Hit the bottom already.......

Just accumulate.

EPS does not need to consider no of share issue. The no of share issued has been divided off.

Sorry, 2013's lowest.

Oh..... missed out one item. Buy at this moment earn additional premium of 0.08 share of Narra, which is about rm 0.37.

Whatever is it, just focus on the sum of two prices after ex. As mentioned earlier, both are at historical low level.
This means need to prepare to hold long term.
The low side work out as HLI's DY last year is rm 0.35. 7.5% interest return (better than FD, ASN, rental, etc... and able balance off the infration rate.) work out the price as rm 4.67. The high side work out as EPS=0.54 and PE=15, Price = rm 8.10. These will be the reference prices after ex.
Narra no DY yet, need to use the PE from others similar cement plant. 90m / 480m =0.1875; PE=25 (with plant expension in progress), price = rm 4.68
Total = rm 9.35 (low side); rm 12.78 (high side)
Whatever lower than is a good buy and keep.

At the price of rm1.08 price adjustment of HLI current price.

OK, thank you.
If it is so, it is clean to have free Narra share at the price of par value rm1.00, 1.08 share.

Kenanga is confusing everyone.

After less 1.08*Narra price; the first refer price of HLI is current price less 1.08*Narra price as well, which is about 3.70, cheap cheap.

It is not just less rm 1.08, it is 1.08*(last 5 day average price of Narra).

If drop to rm8, it means HLI at historical low of rm4 and Narra at 4.00/1.08=3.70 Cheap cheap.....

There wont be big selling pressure cos the sum of these 2 shares is at the very low level.
Majority of HLI holders are long term investor.

KC, U r the one suppose to disappear from this forum.

Danie, I feel confortable with the computation using 480m; if 379m is correct, better still for us.

It is not just less 1.08, 1.08 has to x Narra price.

Enlarge issued and paid-up share capital is 479,093,800 share @ par value RM 1.00

Profit of 90m has to divided by 480m share (after distribution), eps=0.1875. The PE of cement plant is about 25, so should be 4.68.

The normal rebate practice is about 40%.