Park a bus in front of goal.

haha, no need to congrats me. datuk, where ur deputy ceo

DLuckyGuy, I tembak only. Read it with caution.

China Sexy Lady has officially become my mistress. Haha

Boyboy bullbear, it is time to do your closing speech on AirAsia

Prudentinvestor, it seems like we have the same idea on this daughter.

Do take note L&G pbt is above 30% & pat is 27% on YTD. It is one of the best in property industry. As long as the next 2 quarters is good or maintain at current level, we can kiss goodbye to 50 cents.

Iculs (self imprisonment) & institutional investors (a lot of them in top 30) are roadblocks for this beautiful daughter. Till then, stay tuned.

It's a wonderful year 2013 for Hap Seng shareholders.

Total dividend amount was 0.14 and capital gain on paper approx 60%.

December is closing month & I don't expect any rude surprises in store for us. Looking forward to 2014, I am expecting a lot of challenges for Hap Seng and its profit.

Two challenges that I expect are

1. Minimum wage policy. Property, Plantation & Trading are the most affected segments in Hap Seng. Most of you would know the type of workers employed in property & plantation. No need for me to go there. Hap Seng has a subsidiary named Malaysian Mosaic Berhad (privatised) which produces MML tiles. (White Horse, Guocera & etc are competitors). There are 3 factories in Kluang, Johor.

Another subsidiary under Trading is Hap Seng Quarry & Building Materials. This business unit produces different variety of brick and sand. They sell most of it to Hap Seng Land and Property. Thus, the high margin in Property business unit.

I expect max 40% increase in operating expenses, which will directly reduce the net income. Let wait until May14 to evaluate the effect of wage policy.



2. Capital intensive business. Property & Trading are affected. I'm not sure about Plantation. The price for buidling materials like steel bar, cement, mesh, concrete & etc will likely increase after CNY. Thus, higher costs will be incurred.

To produce RM1 earning, Hap Seng needs to spend money on capex. Due to its nature of business, I expect PBT & PAT margin to be lower. The least affected is Credit & Financing. For Fertiliser, I totally have no idea. My best guess is related with Plantation. But, how? I don't know



Till then, have a good month ahead and expect the 8cent dividend next year. Ciao.

If it reaches 0, you lose all.

I don't know what will happen if it reaches 2.70. But I know price will follow earnings & net income, sooner or later.

I suggest three books for your reading.
1. Malaysian Stock Market & You
Prof Dr. Othman Yong

2. One Up On Wall Street
Peter Lynch

3. Warren Buffett Invests Like A Girl
Can't remember her namek

No more gostan. Move forward. Hahaha

Hahahaha. More energy drink.

Wahaha, need ur energy drink

Aiya, forgot his breakfast. Sure he not happy. Hahaha

All of you have lim teh & chiak pa boay?

Got energy, goreng

Boy boy bullbear, wake up. I am already here.

The first i read your comment without that s word. Hahaha.

Honestly, it's unfair to called some people as shark. Let said u have close to 100k share of a stock. Ur average price is lower than market price.

You want to move some of ur money to other stock. Instead of selling all shares, you sell 1000 unit at a price, which is higher than ur average price but lower than market price. This help to know the likely direction of the day, to sell more or stop selling.

Wahaha, lu banyak luang luang kong. Shhhh!!!

Now the China Sexy Lady "stuck" to me. All thanks to ur energy drink. Hahaha

You mean datuk, the kor teh king. Haha

650mil net income. Not 750mil

Yeah, right. This plane gonna crash in my dream

Wonderful!!! If next quarter can achieve rm130mil net income, a bigger dividend is on the way or even better, a special dividend. Rm750mil net income should do the trick. Congrats!!!

Hahaha, I have break my best record with China Sexy Lady. It starting to become my mistress.

Glad to see you back, cytew

If net income in 3Q is rm100mil & above, we already achieved total net income of 2012 with one quarter to spare.

This will be excellent result.

Tipster, you worked in sales line? "Go fly kite" is our favourite phrase. Hahaha

Camrybenz, maybe you can reduce "shit" word in ur sentence. It will looks better. In fact, you can substitute it with capital S.

Try to make this thread a pleasure for reading. Thank u

Wakarimas, marco gives 0% capital returns. It's dividend stock. It is not a goreng stock too.

Messi & I have hold it for long time.

The only way to make money is sit, stay & hold marco. You must willing to be a crony with tan sri robert. They are not manufacturer but distributor.

Read some comments by sapphire. He did mentioned some good points about casio.

haha, boy boy bullbear really done well today. if you want to be better in stock market, then get a book from prof. dr othman yong. it will help you a lot.

hapseng result always the last to come out but also the best

i found u bullbear. why u gone missing for two days. r u avoiding me. haha

Camrybenz, i never angry with you. The only person in i3 ever made me angry is the SUPER AGGRESSIVE LONG WINDED HARDCORE PROMOTER FROM PMCORP. You are still far behind. Hahaha.

The real wahaha & me are one gang. Can't betray him in public eyes.

As usual, only kc loh knows my sarcastic joke.

Camrybenz, what is your stop loss? Mine is 1.70. Cooldown. I lose money too.

Bullbear, come back here for us to release some steam.

Becausr you taruh bullbear kaw kaw. (I am not good owner. Need to find scapegoat. Haha.)

Camrybenz.

I put the blame solely on you, camrybenz.

Bullbear is missing again

Going to be another night with China Sexy Lady. Equal my previous record.

Hap Seng isn't a darling stock in my eyes when I first bought 3 years back. I know Hap Seng is an old established company. In these period, I have added my shares for 6times. I re-invest dividend & extra cash to average down the price.

2.70 will be 100% paper gain for me.

Most people know hapseng star sells benz but doesn't realise one economic moat. Hap Seng Star sold almost 90% Mitsubishi Fuso in East Malaysia. Google MITSUBISHI FUSO HAPSENG.

Plantation. I know nothing 3 months back but I found out a surprising fact. Hap Seng is major shareholder in Lam Soon. That's good enough for me.

Menara Hap Seng 2 is in construction. Let see whether a good recurring income is possible after completion.

For these above reasons, I will keep my shares even if I have 100% paper profit

Wahaha126, no need to tell ppl we are cronies. Shhhhh!!!!

Gozilla88, let watch the show

Correction. We are not crazy people. Eccentric is the right word.

Gozilla88, we are in the same boat. I trust my instinct.

1.70 is my limit. Boy boy bullbear, you must more aggresive now. Don't give any fighting chance to AirAsia.

Fam Jenny, CSL is not for long term. The longer you keep China Sexy Lady, more trouble.

The real wahaha is here. There are just too many wahaha recently.

Kimsun, direct your question to datuk & the real wahaha. They are expert with China Sexy Lady esp datuk, kor teh here & there.

Don't want to stay another night with China Sexy Lady. Must throw her out today

FYI, Bullbear never buy AA shares. He wants attention only. Most of us here already knew this. If my bullbear run away again, you need to pay for the bounty reward. Hahaha.

Camrybenz, why the hell u did that? Ok, you definitely have potential to be bad guy. I won't take back my words this time hahaha

Bullbear, it's your glory moment now. If I lose 30% of my capital, even I will cut loss.

Just watch the show, scjm3. See how things will turn out