Bro @cg14134! .. where to check that Hundsun Holdings Ltd bought Japannext Co. and SBI Holdings shares in N2N at 0.75 sens ?
Hundsun Holdings Ltd is today the largest single shareholder in N2N by virtue of the shares purchased.

NZamry@ not major but a substantial shareholder, good enough. The counter should move with big volume tomorrow.
Just wonder at what price Hundsun bought the share from the two Japanese companies,
normally above current traded prices ??

Ted@.. can a share split announcement be adjusted to accommodate one of the requirements of a minimum price of 0.20 per share ex-split ?

Last Q3 Result announced on 31.10.19 and dividend at 0.29 sen.
Expect Q3 ‘20 to be better than Q2 ‘20 result if so dividend can be better than 0.18 sen declared in Q2 ‘20.

@goldgent .. thanks for the update Sifu.
Then the current share prices of GentM and Genting are reasonable ...!

Looks like Genting Bhd owns 17.8% of Genting HK, maybe sifus here can comment on it ..

https://en.m.wikipedia.org/wiki/Genting_Hong_Kong

@Zhuge.. your analysis makes sense but sometimes Market senseless.
Today is T2 from Tue’s high of 10.98 ...

Bursa Q2 eps was 10.70 sen, current price will be >20x PE annualized. Is this computation correct, hope sifu here can comment...

Bro JJ .. thanks for The insight, hmmm looks like a counter for long term investors, thanks JJ

Bro JJ.. does BAT has a SBB policy ? and normally the parent company can’t just buy as they like.
More likely KIkf’s info makes sense for ABMB to forecast price will hold and move up. CIMB sold same product linked to GENTM few years back.
My two cents worth ...

Why should sellers be called idiots, it’s their right. If not happy cut your loses and move on ...

Reached 0.90 ??

Hi Probability.. “Gong Xi Fa Cai”
being a while, still read your technical analysis/report though, it’s good.
Is your technical analysis/report applicable to PetronM as well ??
Noticed our pioneering batch no longer in this forum except for a few...
To all the investors here “Gong Xi Fa Cai “ too...

Star is positive at RM13.61mn excluding the one off gain.
NTA RM1.39 and cash and cash equivalents at RM698mn.
Have a Happy Day ...

@Probability Hi ...being awhile, one thing is for sure the people here whether for or against are really knowledgeable.
In short this counter attracts well informed personalities, it’s a great source of information.
By the way I am still an investor in HRC.
Thank you

@OTB .. impressed by your sharing of HRC’s official reply to your inquiry , thank you

“ warrant price totally irrelevant to the underlying share price “ ?
No criticism intended. Maybe some clarifications, thank you

Just to add, the NTA is currently at RM1.085
and share price 0.675 !!

Share value is determined by its intrinsic value, underlying assets and performance of the company and share price by the market.
Premium was merely mentioned in relation to the warrant price, exercise price and mother share. Was too vague earlier on ... thank you

The warrant convertion is 1:1 at .92sen. Warrant was last traded at .235sen mother share is now .675sen meaning a premium of .48sen.
Obviously there won’t be any conversation unless the mother share goes up to justify the exercise. This is a clear sign the mother share is now undervalued.

ASB fund size is approximately 144.282 bil (2016) and is unlimited by charter.
HRC is just one of their numerous investments in PLCs. The action taken by Amanahraya is purely professional management of fund.
Let us not get confused. Cheers ...

HRC's Q2 profit of 84.407mil gives it a H1 profit of 363.892mil = EPS 121.30 sen.
Isn't such figures impressive, at its close today of 8.12 the PE is only 6.69.
Best part, it's only a 2Qs result !!
Surely the next 2Qs should enhance the EPS further. This is just my humble take, need the big Sifu to give the figures a better insights .
Thank you ..

Bought at 2.37, ex-dividend will be 2.01 let us see how it turns out.
Thanks for all the pros and cons, cheers

@HKing .. your comments noted with thanks. There could be contrarian views as well from other teachers !!
Thank you

May we have peace here please ...
we stay focus and evaluate whether at current price 2.36/.37 Star is a good buy or not ?
The payout is a massive 15.25%, granted price will be adjusted ex-dividends. Planning to buy now at 2.36/.37.
Comments and advices solicited, thanks

**WB conversion price I meant, 1:1 at .75sen

Right issue was at .75sen too, so it means buying below ESOS/Right issue price of .75sen can never go wrong ??
Anyone cares to comment on this hypothesis...

@Adstey .. interesting figures Myr1.20 per share according to your calculation. To support your argument that 75sen is really low, the ESOS exercise price is 75sen too !! No reason any staff should take up the ESOS if the market price is languishing at 74/75 sen.
Conclusion, price is badly beaten down, right ??

@Sales .. isn't TMC at 74 sen which is below WB conversion price of 75sen unprecedented? Thanks

@I meant ESOS and WB are no longer sustainable at this price of only 74sen ...

Closing at 74sen is below the ESOS price of 75sen and the WB exercise price of 75sen too.
Theoretically the ESOS and WB are no longer attainable. This is strange, can someone shed some light here. Thank you

@Optimus ... your forecast 4.30/.40 closing before ex-split spot on. Hope upwards momentum is maintained tomorrow ...

@Jteck... well written piece.
SC should now initiate enquiry as to how LCTI is not aware that water disruptions will impact their bottom line for Q2. There is obviously compliance and disclosure issues here and MIB owes investors an explanation as the Principal Advisor for this IPO.

Optimus ...
so coming Monday 7/8 close shd be a notch or two below 4.50 to ex-split below 3.00.
What do you think ??

GGGa ....
really sorry, Tuesday is 8.8.17 Not 9.8.17.
Last day to buy before split is Mon 7.8.17.
Cheers ...

1)3:2 , 4.50x2/3=3.00
2)Tue 9.8.17

SYap you sold 4K shares at .78 meaning your cost is below .78.? Must be very low entry cost.
My opinion is, if you're taking profit it's always right

Good morning gentlemen ...

HRC is not a "penny stock", investment here is in tens or hundreds of thousands.
Let us treat this place as a cordial exchange of ideas/views. Right or wrong decision will be entirely our decision, no one is to be blamed.
Have a good day everyone...

Probability...
The way you analyze Refinery and its operations is second to none. Your views/comments are professional and technical in nature, you don't solicit nor encourage the buying of HRC. Fellow investors here have to make their own investment decisions. Be thankful we have such technical people here who share their knowledge.
PPlane2016 is right, HRC is s pure Refinery play.
Good day Gentlemen...

Good morning everyone ...
The views exchanged here show the maturity of most if not all commentators. There is no abusive languages use, only mostly technical and professional opinions/views.
Keep up the good work all Sifus, glad to have invested in HRC with you guys.
Best wishes...

*If EPS stays at 10x every Q and with no dividends and capex, the NTA will keep on increasing.
In time, the NTA will exceed the share price. Such company becomes very attractive to investors and fund managers.
Right ? I stand to be corrected by all the Sifus who are gathered here. Cheers...

* If a company EPS continues at a rate of 10x year after year and don't pay out dividends or capex, the NTA will increase proportionately .
HRC's NTA as at Q1 ending is RM4.249 per share if earning continues at .93 per Q its NTA will exceed RM7.00 per share by Q4 ending 2017. This will surely attracts fund managers.
This is my take and I stand to be corrected by the impressing gathering of Sifus here. Cheers ..

IHH PE= 80.4, Share price = 5.99
KPJ PE = 30.1, Share price = 4.24

TMC PE = 70.1, Share price = 0.855
TMC PE will gradually reduce as they are experiencing double digit growth Q on Q.
Another reason for the high PE is the huge issuance of shares 533,333,333 (RM400mil) to the Vendors to take over 100% of BB Waterfront S/B that owns Thomson Medical Hub in Johor Bahru. A hospital will be built in the Hub.
This information can be read in Bursa M'sia website.

This is a good counter, read their Q2 ending Feb'17 financial statements. The EPS after 2 quarters is 0.052 sen and it's a nett cash company.
TMC (Kota Damansara) is about to expand to a 600 beds hospital from the current 200 plus, construction should start this year. Another hospital is being constructed in Iskandar if not mistaken will be called Thomson Iskandar.
Current price is a 12-mth low, ESOS and warrant is at 0.75 sen at 1:1 conversion.
Decide for yourself, all the best...

Errata .. apology, should read as :
Q1/Q2 PBT RM12.378 mil EPS of 0.052 sen.
Full year RM12.378 x 2 (Q3/Q4) = RM24.756 mil

**Q2 ending Feb'17, correcting a typo error

TMC Q2 ending Feb'27 PBT was RM6.272 mil giving an EPS of .052 sen. On the assumptioms that TMC's full year result will be RM6.272 x 2 (Q3/Q4)= RM14.544 mil, theoretically the EPS will be .052 x 2 = 0.104 sen.
At the current share price of .86 sen per share the EPS will be below 10x.
The Group CEO expects double digit growth for this financial year ending '17/'18.
This is a counter for long term iinvestors, the projects in the pipeline is enormous.
Read up TMC's last couple of announcements to make your investment decisions.
Best wishes .....

*correction - Majority owned by Malaysian Hengyuan Int Ltd

HRC is not a Chinese based Malaysian listed company. It's ex-SRC (Shell) wholly based, operated and now majority owned by Shangdong Hengyuan Int Ltd. All it's assets are based in Malaysia, it's not a Mainland Chinese company per se.
All investors should know this basis fact ...