Someone is spreading rumour in the newspaper that cement price drop by 40%.
Head line of China Press.

Very worst case, HLI's 2013 lowest 3.98 + Narra's lowest after capital reduction 4.40*1.08 = 8.732 why u worry about the current price, it is at discounted level. It can only be better.

This means that holding both the companies sum at this level is still very confortable.

180m - 10m = 170m, it means about 5.5% lesser.

CB totally dont need to do business. Very S.....

CA issue by Kenanga. If others fund want to kill Kenanga, this is a good time.

Kenanga has dump both the HLI and Narra to a very low price that only able to make profit from the CA.

Alot of people dont know how to calculate the changes in convertion price.

The convertion price, 7.20 will be reduced by 1.08*(Narra 5 day average).

CA is selling at a discount price now.

Eventhought this exercise started 2013, but till now, no one know the performent of the Cement plant. All of us here are still guesting .....
Fund manager may have already know the value of Narra, so, the price is very steady.

When HLI=10; CA=0.465

CA will break record soon as well.

Hi 687423, I hv disposed all eventhough not many but still money, right?
FJ, pay attention to HLI this two weeks, u will just feel very very regret......

What is the different between Ex-date and Entitlement date? They suppose to be the same.

Myob disposed, I just follow. I believe that he has visited the plant.

Contra kaki is facing problem now, force to sell at lost. Po....or...

Any one want to join me to visit the plant and communicate with the staff to understand more? November.

Danie, still remember the KLL about 2 months back? Also act like professor, talking about his valuation basing on NAT, so.... disappear already. HaHa.

The sellers now r most likely from the contra kaki.

This means the EPS 0.54 is from it existing businesses without Cement.

Under the current structure, "HLI holds the entire HCement ICPS as at the LPD which, upon full conversion, will result in HLI holding 75% equity interest in HCement.".

If u said so, u should hv sold all by now.

The profit from the cement plant was not accounted in the HLI's FY report.

Lets do it in a very conservative manner, HLI's PE=10, 5.40; Narra 4.40x1.08=4.75 sum of these two is 10.15. This is the minimum price it will hit by Jun next year.

FJ, HLI left only 20~40% profit before Jul, 15.

From the postings made earlier, I just doubt able to make valuable recommendation.

Do u know the different between HLI and HLCAP??? Go and study the ABM book again.

Waste loh! Im just kindergarten standard. Can do math better. Just wonder from which U n institute.
For those who want to earn 20~40% in ~8 months time can buy at this level.

This question has to answer by the twin degrees PhD.

All investors of this counter made money except those contra kaki in/out at totally very bad timing.

There will not be any selling pressure if announment was made when price below 10 level bcas both stocks still at the cheap level, HLI 5.2 + Narra 1.08*4.6

Was told that unable to convert to mother share, it is just u gambling with the banker on the stock price on/before the matual date.

Pls check with ur reminsor.

It is a time bomb, to see who is the last one holding it.

The problem of this CA is that when announment made to distribute 1.08 of Narra, for those holding CA either dispose or topup 7.20 to convert into HLI in order to earn the Narra share.
If not, will be burnt.

AA, did they appeal within 30 days? What is the out come?

Hi all, Im back from holiday.
AA, any official report? E.g. police... etc..

TT dan PP, Im going for a 8 days holiday. So, wont hear from me for a week time.
Wish u all happy trading and make ton3.

FJ, Metalr limit up. Is it the one u dump ur money? Very Good.

When it the announment is not really that important. The most of all is that the current price is still very far from it fair price.

Most likely announment will be made on late Oct or early Nov.

KLL must be banging ball at this moment. Very big mount about 1 month ago.

Totally out.

The report from RHB is totally out.

If use PE=15, HLI without cement business worths 8.20, the up side is 1.08 of free Narra share which will stay 4.50 ~ 5.00.
The price target mentioned above is without cement business due to it has not complete a FY yet.

Nice to see that KLL is out from the picture.

Dont worry, Narra will hit RM 5 soon.

Projection from WH is below 10c. We offer 12c, surprise that so difficult to get. Announs some bad news so panic seller will give.

What if Narra actual value only rm2??