today 4.45pm no show

aiyo, kedekut lor, 0.6 sen dividend only

tomorrow gap up hoho

just announced bonus shares and free warrants
2 mother shares give 1 free bonus share
and
4 mother shares give 1 free warrant

so the after tax profit of 2015 financial year will be between 80.4million ( 67million x 1.20 ) to 83.75million ( 67million x 1.25 ) ?
according to
"Wong said the company would like to increase its after tax profit of about RM65mil last year by between 20% and 25% a year. "

Ho Hup's Bukit Jalil Play

Developer to build on mixed development project’s success

PETALING JAYA: Small cap construction and property developer Ho Hup Construction Company Bhd will leverage on its Bukit Jalil mixed integrated development of 7.2 acres where sales so far on its first five acres have been a success.

Known as Aurora Place, the five-acre plot comprises shop offices, retail floors and SoVo (small offices, versatile offices). It will retain its 18-storey office block for recurring income. The project is fully sold.

Chief executive officer Derek Wong Kit-Leong said the company would launch projects on its second parcel next year. Ho Hup has about 10 acres on a gross level and about 7 acres after making adjustments for infrastructure with a combined gross development value (GDV) estimated at more than RM1bil.

Its 10 acres is part of the 60 acres held by its subsidiary Bukit Jalil Development Sdn Bhd (BJD).

The other 50 acres would be developed under a joint development agreement between BJD and Pioneer Haven Sdn Bhd, a subsidiary of Malton Bhd.

Wong said going forward, the success of Aurora Place and its joint development with Malton would help build up its cash position. Ho Hup would be entitled to 18% of the GDV ranging from RM4bil to RM4.5bil for the 50-acre project.

The company has been building up its revenue and profit the last couple of years under Wong’s leadership.

The company officially made an exit from its PN17 status - which denotes distressed companies - last year. It was under PN17 status since 2008.

Moving forward, Wong describes the company as being in a fairly comfortable position and was voted as the top five among 30 small cap jewels in 2015 by RHB Investment Bank.

“We are basically leveraging from the money which is going to come in from the 50 plus 10 acres, which is between RM90mil and RM100mil annually for the next seven to eight years,” said Wong.

He said the company plans to put aside between RM300mil and RM400mil for the next two years to increase its land bank in the Klang Valley, Penang and Kota Kinabalu in Sabah. It is interested to build more hybrid development the likes of Aurora Place.

Wong said the company would like to increase its after tax profit of about RM65mil last year by between 20% and 25% a year.

Ho Hup has two core businesses, property development and construction with property development contributing 80% to profit and the remaining 20% from construction although on a revenue level, contribution from both are about equal.

The company has unbilled sales of about RM576.9mil, of which RM275.4mil are from its Bukit Jalil development and the remaining RM301.5mil from its construction projects.

Aurora Place has been fully taken up with unbilled sales of RM275.4mil as at the end of Febuary 2015.

It would retain an 18-storey office block for recurring income.

i think so

if can 1.2 then best lah, if cannot then no choice lo

enter at 1.40 already, hope wont go holland haha

cup and handle is forming

i also belum top up leh

rugi little bit cabut liao

since when hohup become a speculative stock ?

best, looking for a good entry point now

did you regret nw?

fortunebullz, you are right

looks like will continue to drop

truth has been spoken, so we need to fight?

i prefer hapseng-ck

delay means good or bad?

around 600 counters drop today, not only tech counters

CHOWWWWWWWWWWWW

wu xi ki mah wu xi lok

apa lah, i edi tambah wa at 0.140

FROM busy weekly
昨天开始显露败像的齐力工业(PMETAL，8869)与齐力工业凭单(8869WC)，今天在重压抛售围剿下，股价双双急挫!

半天休市时，齐力工业只做2.84令吉，猛退了12%或40仙；而凭单股则急降11%或23仙，报1.83令吉。其中母股半天的转手量达1590万股。齐力工业盘中一度做到2.82令吉最低价；而凭单盘中最低价则是1.78令吉。

齐力工业与齐力工业凭单是上半天排名第3与第4大跌幅股只。

阿马投行今天在一份报告中引述消息说，中国会从下个月起取消铝15%出口税，可能对国际铝市场带来巨大竞争，相信是致使齐力工业今天被疯狂抛售的主因。

sinking boat

this time is real? start moving?

i have came back today, bought at 0.445

this counter no hope lah

wa i3i2i1 , you are more greedy than me haha

cepat goreng lah star7, sudah lama tunggu

just the beginning

i am waiting at 1.40 to tambah

wah 6sen ah, really or not

no buy then wont rugi . win also haha

walao eh, bila nak drop?

good lor, sell at high then buy at low

bought L&G so long already lor, kept on converting L&G-la only

haha, i bought some ck to speculate only, mother shares still holding

bought hapseng-ck today, wait hapseng reach rm5 then hoseh

sold mother at 0.225 today and bought some psiptek-wa at 0.145

all logistic counters shoot up

so many red today, tnlogis still green, not bad

bracoli bought a lot also lor haha

nxt tp 0.61

most of the property counters are goreng nw, nt only L&G

last time 0.180 queue bo, then buy at 0.195, haha, today hoseh liao

last time 0.500 buy call, if bought tht time, nw already atleast 10% profit already

hoseh, lai liao?

lai liao, lai liao, bros sekalian, sudah ready?