great!

@i4investor, why sold ?

who q @1.00 ? i4 investor ?

Q @ 19 lots ....so little..sapu

@ckk2266, pls sell @0.99. we will sapu all

very high chances to break 1.00 barrier..

vroom.....vroom.....

Finally, got buyer accumulating the share today. 1st buyer brought 60 lots and 2nd buyer brought 20 lots, 3rd buyer brought 26 lots. Avg price@0.95

Be patient, A&M is progressively run up but HIL does not follow at all, why? Many ppl may think that converting HIL to A&M in order to maximize share profit thus selling pressure is building up. In contrast, HIL may benefit if A&M share price start stagnant at 1.60 and it is possible that share swap (privatize HIL by issuing A&M share ) may be suggested by big owner in order to capitalize the huge cash holding by HIL. They may propose 1000 share of HIL exchange to 750 share of A&M which translate to 1.20 buyout price for HIL. After this exercise, A&M will have additional new share approximately of 200 million issuing to HIL shareholder. Furthermore this exercise is much more easy for funding rather than go through private placement. Let see whether this proposal will become reality or not. Also take note that why HIL management extended the draft circular of proposed acquisition of land recently, is it they have a better plan rolling out ?

brought @ 1.21

QUARDZ project will bring in another 30 million revenue and thus, estimated 15 million profit based on profit margin gain @ 40-50% for the past project at bukit kemuning.

Another two projects by HIL in Bukit Kemuning is 108 @ Kemuning Hills and Quadz. The latter features 64 units of two-storey cluster semi-detached houses (there are only 30 units left for sale since its preview in 2H2016). The cluster semi-dees have built-ups of 2,300 sq ft, with prices starting from RM998,000.

108 @ Kemuning Hills comprises 108 units of terraced houses which will be launched by year-end. The units have built-ups from 1,470 sq ft to 1,730 sq ft, with prices starting from RM530,000.

“Terraced houses in this area [Bukit Kemuning] are in the RM700,000 to RM800,000 range. For the price we are offering, I believe they will be snapped up,” Milton noted.

http://www.theedgeproperty.com.my/content/1104244/hil-industries-rolling-out-residential-projects-bukit-kemuning

@ windcloud , I agreed with you as strong support base already formed at 0.375-0.38. Looking for the price run up...I'm very sure the big volume will be back very soon.

After monitoring a couple of week of A&M vs HIL share price movement, i could confirm that A&M price going up is due to insider accumulating the share as they believe property development start at Pulau Carey by this year will give high earning to A&M after gone through land value re-adjustment. Thus, HIL does not benefit from that and share price is going down despite in bull market.now

sold @ 1.25

Foreign fund accumulate (bump) from 0.34 to 0.40++ . In between, a big block of share transacted/ change hand at higher or targeted price then dump back to lower price later. Usually they declare high buying price to BSKL.

ACE credit is buying the share yesterday. I guess the buying price at 0.40. Let see any declaration To BSKL after 3 days later.

if u are contra player, please don't play this stock.. This stock is aimed by foreign fund and they apply pump and dump strategy is to kill off those contra players.

a lot of insider new from property sector..i guess property stock will move very soon.

Vroom..Vroom...engine start oledi

@windcloud, only SYCAL.

just check through construction stock price, SYCAL is in top five lowest price ranking in this sector-VIZONE, ZELAN, PSIPTEK, MERGE.

@windcloud, agreed with u... not many good stock at lower price now. Sycal is one of them worth to invest at this point of time. Par value reduction is targeted to complete by early of April follow by private placement to improve cash flow. Once this exercise completed, Sycal is poised to fly high. This could be the reason why ACE credit is investing in this counter.

Brought@1.21

Brought @0.885

On Feb 10, Sycal Ventures Bhd saw 9.56 million shares, or a 2.99% stake, change hands off market for RM3.55 million. Of these, 8.15 million shares changed hands in a single direct deal at 37.5 sen, slightly above the 36 sen and 36.5 sen they fetched on the open market.

Interestingly, Ace Credit Sdn Bhd emerged as a substantial shareholder after it bought 32.31 million shares on Feb 10, giving it a 10.09% stake. Recall that earlier this year Sycal Ventures announced several corporate exercises. This included a proposed capital reduction by cancelling 75 sen of the shares’ RM1 par value. It also proposed a 30% private placement of 96.07 million shares.

cheers......hi bone how about Sycal venture ? Is it possible to move up since ACE credit had emerged as one of the substantial shareholder
This stock could be a next superstar since its price still considering low and many project in the pipeline.

2nd round of uptrend has confirmed...don't miss the boat !!!

ACE credit has acquired Connect share in sept 2016 at 0.11 to 0.13 cent, its share price has gone up to 0.185 cent now (> 50% gain)after few month emerged as substantial shareholder. Would Sycal venture would be the next super star....

Notice of Interest Sub. S-hldr (29A)
SYCAL VENTURES BERHAD

Particulars of Substantial Securities Holder
Name ACE CREDIT (M) SDN BHD
Address No. 61-6B,Suite 1
Jalan SS2/75
Petaling Jaya Wilayah Persekutuan
Malaysia.
Company No. 605856-V
Nationality/Country of incorporation Malaysia
Descriptions (Class & nominal value) Ordinary shares of RM1.00 each

Name & address of registered holder ACE CREDIT (M) SDN BHD
No. 61-6B,Suite 1
Jalan SS2/75
Petaling Jaya

Date interest acquired & no of securities acquired
Currency Malaysian Ringgit (MYR)
Date interest acquired 10 Feb 2017
No of securities 32,305,900
Circumstances by reason of which Securities Holder has interest Open market purchase

Nature of interest Direct

Price Transacted ($$)

Total no of securities after change
Direct (units)
32,305,900
Direct (%)
10.088
Indirect/deemed interest (units)
0
Indirect/deemed interest (%) 0
Date of notice 10 Feb 2017

Q3 result will looks good if investment team still hold on their financial instrument stated in june 2016 where majority of the foreign currency is Australia dollar which its exchange rate had appreciated from 3.15 in dec'16 to 3.40 now

A&M share price flying high effect will spillover to HIL thus, i strongly believe share price will catch up very soon. I also foresee these 2 counter is playing by a group of politician particularly from MCA such as development new of carey island is released from MCA leaders. Owner of these 2 counter has gd relationship with them. Cheers!!

Better result only reflected in mid 2017(may'17). Raw material cost is high due to weakening of RM couple of 70% of revenue is in Euro thus i do not foresee good result in this qtr. Don't blindly follow as CSCTEL is a very gd lesson learn for many investor.

A positive news released with property development land injection by Dato. Ng family. Proposed acquisition gain of 6 million will be reflected in Quarterly report very soon under MRFS requirement. Both property development project will further increase additional net cash on hand of 60 million upon completion of the project in the end of 2018. By then, I will estimate the total cash on hand to be 280 million which already worth RM1 per share.

PenguinDad, I don't know who is the new investor. Sometimes is good if we don't know who has brought the share from major shareholder like example: PAOS share gone up from 0.70 to 1.10 after off market deal reported in July'16

Yes, goreng at the right timing, it was always the late comer will lost money thus, don't chase up the price if u dun want b a loser..

i4investor, owner selling share to new share holder at designated price thus, u hv seen big vol. transacted..no trap being set by big player however, share price could be going up further after sufficient share holding by new investor

Investor may think that this could be a bad new since owner disposing their share in open market. However, i have different point of view for share holding changed, the positive view is new substantial share holder emerge to absorp 8 million share disposed at price ranging 0.9 to 0.96

Bloomberg new released on 31 Aug 2016 :The good times in the world’s top steel producer may not last long. China’s biggest mills including Hesteel Co. Ltd. are warning that the improved conditions and rising prices in the first half that helped them to lift earnings may soon be about to give way.
“Industry prospects are not optimistic,” Hesteel, the listed unit of China’s biggest mill by output, said late on Tuesday as it reported its best six months since 2011. While the market had gained some momentum in the half, helped by a factors including low inventories, the sector remains on a downward trend and demand didn’t rebound significantly, it said. The gloomy outlook casts doubt over whether the recovery in China’s steel market -- which benefited after Beijing boosted credit and infrastructure spending in the first half and moved to cut industry overcapacity -- can be sustained. Citigroup Inc. has said indicators signal sluggish growth in China for the rest of the year, and the China Iron & Steel Association warned earlier this month that there may be significant declines in demand and output.

Penguindad, thank you for your sharing. In fact, I have read through this report. Well, more challenges would be faced by property developer thus, a strategic business plan and pricing will determine which property company will enjoy handsome return during downtrend market now. Therefore, we need to search and aim for the company that would be benefited.

PengiunDad, HCK has no relationship with HIL/A&M. I just curious why HCK capital launch new property development project during sluggish market now. So far, my understanding is Mr. Clifford Hii also holding plenty of land bank (low entry cost) which can inject to HCK . Its share price is always stands firm above 3.00 despite EPS is low at this point of time as many analysts has projected high profit margin from its property development project.

sold at 1.52..good luck for the rest of the buyer

During sluggish property market now "HCK is set to launch 9 development projects with RM8b GDV, will comprise residential, commercial and industrial lots" -- WHY ???

PenguinDad, when we see a lot of frustrated investor/share holder sold out their share is indirectly giving us the signal of bearish reversal for this counter because seller is getting less and lesser.You can see this round of price surge surpass 0.90 is because buyer willing to accumulate the share at higher price which they could not get them substantially at the price range of 0.80 to 0.90. HIL stay good chance in making more profit as compare to A&M as they focus on affordable housing(low to middle cost) surrounding Klang Valley. I guess affordable housing programme may get more support or incentive from this year budget as government has taken several measure to resolve housing issue.

PenguinDad, Well of course the mgmt. effort is essential to made this nice story come through but we as a genuine investor should study and analyze whether this can be a realistic plan or not . By looking at current soft property market, high end condo/property surplus issue as pointed out by Mr. Koon may not affect much well-known property developer as what has been declared by Mr. Robert Kuok that the price of property will not go down despite the market is generally stated as sluggish

A&M had acquired plenty of land at Carey Island and it is possible to joint venture with HIL to develop township/low to high end residence there, HIL will focus on low to middle cost range of land property which will definitely attract many buyer at current soft market, it will be more interestingly HIL may continue enjoy high profit margin due to low price of landbank acquire by A&M

PenguinDad, if the mgmt is. keen to made use of the money for greater investment, then it will bring handsome profit to the group. I guess mgmt will re-focus/re-align its business plan since the automotive/mfg division profit had fallen quite significantly. Next core business could be on property div which may show recovery by next 2 years.

Q2'16 result showed marginal improvement as compared to Q1'16 but it was lower if compare to Q2'15 mainly no profit contributed from manufacturing division. Anyway, its balance sheet look stronger QoQ/YoY , cash on hand already at ~160million which is huge for SME thus, its share price should not be judged based on EPS. Expected mild profit taking on this few day but the share price will go up to RM1 very soon. ( Note: Its parent company A&M share price has gone up today with moderate vol....sound good)

Actually there were no big operator/player accumulating the share, from the daily vol. starting from 12 Aug until 24 Aug total vol. transacted is huge at 27.7 m share. Just imagine if the total sell vol. is solely generated from Mr. Gan , his share on hand has probably fully depleted. but report from BSKL showed that he still holding 21.1m share as at 24 Aug ( note: his share balance is 28.6m share as at 10 Aug). From the data, I can concluded that the share is go to our small trader hand, there is why the share price cannot go up further...