Sardin

Sardin | Joined since 2018-03-05

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Stock

2023-11-16 17:43 | Report Abuse

40 sen + 40 sen = 80 sen. Huhuhuhu 😁

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2023-11-15 22:25 | Report Abuse

Here are my other thoughts:
1. Sources say that HLIND is preparing to get involve in global EV business, partner with someone (probably to have access to the technology required). Well, I think this is not surprising because the big guy is not doing charity paying over 3 million ringgit a year to the managing director to sit there running "grocery business".
2. So far the expansion of the 400 mil RM new tile plant has nothing contracted. What I think is that HLIND might have a more attractive alternative / option so this is put a side and might finally be cancelled to give way to that more attractive investment.
3. Whether or not the 400 mil RM tile plant is to be materialised, tile demand is growing and will gain traction because Indonesia is moving to a new capital (East Kalimantan). This will spur the demand for high quality tiles and West Malaysia has the advantage as a close supply to the construction site.
That's are my 2 cents.

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2023-11-15 22:12 | Report Abuse

Hi Lionel, to be frank, that is not a good idea. While HLIND is undervalued, don't put more than 5% of your wealth in this stock. Otherwise your money will be controlled by HLIND instead of you controlling your money. You know what I mean. Diversify your investment into equally good alternatives to preserve your freedom and peace of mind. I agree with you that we should sit back, read the coming quarterly report which I think earning will be decent, and see how much dividend is to be announced. For the time being, the best thing to do is probably doing nothing and guess the amount of interim dividend that is coming soon.

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2023-11-15 09:54 | Report Abuse

I thought you were focussing on american football

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2023-11-14 16:01 | Report Abuse

Based on the best info I obtained and my own judgment, this is what I think possible to happen:
1. Scrap the plan of new tile plant
2. Allocate the capital to the new capital-intensive business
It is so boring here looks like other people do not have anything to share.

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2023-11-14 11:18 | Report Abuse

X3mg33, venturing into very exciting business

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2023-11-06 11:47 | Report Abuse

A lot of "fundamental" investors overlooked this stock because of bumpy EPS from 2015 to 2023. This roller coasting EPS could be the reason that washes HLIND out from their research list. What they might not know is sudden drop of EPS in 2017 is masked behind the loss materialised when sold out the inflated tangible assets of the prolong loss-making paper factory. It did not reflect the actual overall performance of HLIND. This is how I interprete performance for year 2017: actual EPS should be more or less close to FY2016 with a trim on the net asset which are not productive. Whereas 2020 and 2022 were hit by plant fully/partially shutdown during MCO which are non-fundamental related and non-repeatable. Fundamental of the company has not be shakened actually and large retained profit has been accumulated since 2019 (NTA increases from RM 5.17 to RM 6.45 excluding non-controlling interest). In addition on that, with much cheaper energy and raw material price and higher selling price compares with FY2023, earning for FY2024 is almost certain to increase further. The accumulated cash is also earning a better return because of higher interest rate. Tile business will be back to normal and quite profitable in 2024. That's I think is the better reason while a lot fundamental investors miss this when they rely on apps to filter for growth of EPS and steadily high ROE.

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2023-11-02 15:21 | Report Abuse

Uptrend started and will last for at least a few months.

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2023-10-09 21:00 | Report Abuse

Hi lionel messi, I do not put too much focus on the e scooter because those things are technical and design ready and I do not worry about HLYM's manufacturing and marketing capability. I believe motorcycle sales continue to be resilient and boring while sales of tiles are recovering with widening profit margin. Overall I'm confident that sustainable EPS above 90 sen annually is quite possible for the present and next financial year.

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2023-10-02 18:20 | Report Abuse

Hi lionel messi, do you plan to attend AGM? Just curious... anyone know what door gift was given in the AGM last year?

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2023-10-02 17:56 | Report Abuse

Highly possible. The price spread and movement is very small... extraordinarily small, don't you feel strange?

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2023-09-29 18:44 | Report Abuse

The Queks are buying... they already own 77%... what do you think is their next move?

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2023-09-21 12:13 | Report Abuse

For a certain reason, I think there will be a great news for all shareholders not late than 2025, and most likely to be in within next 12 months. The news that all of you have been waiting for so long.

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2023-08-25 19:03 | Report Abuse

咖灰机,哈哈

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2023-07-31 20:57 | Report Abuse

Hi Lionel, nothing to do with confidence. No money, have to save first ><.

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2023-07-28 19:05 | Report Abuse

Not sure about others. But I'll tambah if dividend increases.

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2023-07-25 13:49 | Report Abuse

People will choose smaller home with better renovation due to smaller family size and higher standard of living.

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2023-07-25 13:47 | Report Abuse

As for building material sector, tile manufacturing will boom because Malaysian popular has started to age. New property development will slow down. People tend to buy 2nd-hand houses at good location and renovate it with new tiles. This will happen at both cities and suburban areas. Retirees will move from cities to suburban areas and many will do renovation before they move in.

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2023-07-25 13:42 | Report Abuse

The biggest problem in Malaysia is B40 income could not catchup with inflation. They have no money to buy EV. Therefore, motorbikes that consume petrol (the fuel that could only be cheaper in future) will still be popular for decades. This is especially true for rural and suburban areas where charging station would be impractical and unprofitable.

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2023-07-17 14:50 | Report Abuse

Ya right, lionel messi. Peace of mind is precious. Must be careful, recently lots of scam salesman / promoter.

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2023-07-17 10:43 | Report Abuse

My advice is, don't put too much money in this stock because it is boring. You will have better patience if you have only invested a small fraction in this stock.

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2023-07-17 10:40 | Report Abuse

Patience is the key.

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2023-07-17 10:39 | Report Abuse

It has been a boring 6-7% dividend yield stock. Set apart of your boring money to own this boring stock. But I think it might fetch extra excitement for current FY and the next to come. If dividend could increase to 60 sen or more then the price will be adjusted to RM 10.

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2023-07-14 22:52 | Report Abuse

Also, if I have been already very old, and I have more than enough money, I just want to be happy. Making people whom I want to thank to be happy will then be my ultimate happiness and I certainly would not want to miss the opportunity of doing this great things while I am still alive and awake.

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2023-07-14 22:40 | Report Abuse

That's because:

i) HLIND is likely to make record FY profit
ii) overall environment for motorcycle and tiles are improving, where raw material costs are declining and become a lot more stable while demand remains solid, this spells good and widening profit margin

When business is matured, profit is improving and has become more predictable, that's when dividend get thickened.

If I were the billionaire who has lots of business, I will demand the matured business to continue create and submit cash so that I could allocate it on "more interesting business / investment". There will be too much restriction to how I could use the money if it remains in the public listed company compares to my private money. The most profitable business are usually not listed. And it is good to use private money to buy those business instead of going through HLIND where the profit will have to be shared with public shareholders.

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2023-07-14 12:13 | Report Abuse

I feel that eventually the dividend per share will increase to 60 sen per annum soon, or maybe more.

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2023-07-09 22:42 | Report Abuse

Next Q EPS will be 25 sen

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2023-06-28 19:34 | Report Abuse

Yamaha already launched ebike in Vietnam. The same ebike can be launched in Malaysia anytime. Same design, just copy and paste here. Just waiting for the right time to replicate the same in Malaysia market. The right time will be when there is a regulation push from Malaysia Government. But I expect this will kick-in rather slowly because it may not be a popular policy and may affect the votes. Should there be an enforcement to use ebike, this will be a GREAT news to Yamaha because it will boost sales order.

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2023-06-26 18:07 | Report Abuse

Would it be one day HLIND sell both Guocera and Hong Leong Yamaha so that the value of these two can be unlocked and distribute the cash to all the shareholders? Now it is actively liquidifying those subsidiaries that are not making profit.

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2023-06-23 22:42 | Report Abuse

But for cement factory... coal price has reduce tremendously while cement price has increased a lot. I think it will turnaround this year and make big profit and that's why it could be sold at RM 20 mil premium to its assets.

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2023-06-23 22:38 | Report Abuse

His birthday on 8th December

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2023-06-23 22:36 | Report Abuse

Last time Tasek paid out a lot of dividend. Why is it not possible that one day or this year HLIND will pay out large sum of dividend? Just don't know when it will start. Maybe it will happen at a time when least people expect it to come.

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2023-06-23 22:33 | Report Abuse

TabulaRasa, you really dig in to study... purchase SSM somemore. I purchased that one for Guocera. :) Thanks for the sharing. I think Mr. Quek did not forget this counter lah. If he's just interested to keep the money in HLB he won't purchase the HLIND at this time, I think so. Maybe he wants to tell us "Hey, don't sell now. I'll reward you. Give me some time. Be patient." Haha

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2023-06-22 23:02 | Report Abuse

Hi Unicornbird, you can use CPO export duty table as a hint.

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2023-06-22 22:55 | Report Abuse

Hope he will offer a reasonable and fair price, such as RM 13 ~ 15.

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2023-06-22 22:53 | Report Abuse

There is one more thing he could do with the cash ---- privatise HLIND

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2023-06-22 16:07 | Report Abuse

Hi Observatory, the controlling shareholder could just park the cash in US's bank to get 5% interest rate. Like this he can increase both the return and cash flow.

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2023-06-15 19:21 | Report Abuse

Hope to receive 25 sen capital repayment.

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2023-06-13 17:41 | Report Abuse

iv) parking space are limited, and is difficult to accomodate more and more cars, so that's another reason for more usage of motorcycles

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2023-06-13 17:39 | Report Abuse

Why I believe the motorcycle market in Malaysia will remain strong in 2023:
i) the approval of additional 500,000 foreign worker to work in Malaysia in 2023
ii) FDI - new setup of factories lots of factories move out from China and relocate in SEA due to US-China trade war, this will provide more jobs and that's one of the reasons why unemployment rate in Malaysia remains low despite all the headwinds. These factories usually pay decent salary and premium branded motorcycles will be very affordable for them.
iii) Congestion in big cities in Malaysia such as KL, JB etc are getting more serious than pre-Covid time. Motorcycles will help the well paid employees to arrive at work destination faster.

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2023-06-13 17:24 | Report Abuse

Hi HamburgerOS, 2 reasons, perhaps:
i) Motorcycle sales of Malaysia decline in Apr. But that should be normal as normally sales decline in the month when people celebrate Aidilfitri. Why? Because supply is usually limited in that month due to less production day in the factory. Another reason is a lot of people need to reserve their money to celebrate the festival. Therefore sales usually bounce back after that month but investors would like to wait to verify that there is no exception for this year as there are lots of headwinds this year due to inflation and rising interest rate, recession in US or EU etc.
ii) Many may not feel comfortable of large investment in tile manufacturing industry because they believe high interest rate will slow down property market which in turn will dent the demand for tiles.
Therefore, I think it takes two stages for the share price to grow from now. First stage will be achieved after resillient demand on motorcycles starts from May is observed. 2nd stage is when the tile manufacturing shows very positive contribution starts from 2025 when the new plant is completed.
However, it may be a lot simpler than it sounds. As long as the EPS could achieve close to RM 1, or close to 25 sen per quarter, then I think the share price will quickly reach somewhere close to RM 10. I think that's not too difficult to achieve because the actual earning in Q1 is already close to 25 sen excluding the impairment due to demolish of old tile plant building. Plastic and aluminum price (the main raw material for motorcycle) are already peaked and become less expensive in Q2 and this trend is likely to continue because crude oil and natural gas are both in down trend. What do you think?

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2023-06-12 13:12 | Report Abuse

Hi Alexnada, Guoco and Guocera linked to the same big boss, Mr. Quek. If I were the big boss, I will have 2 considerations here:
1. buy the tiles of the same quality at best price
2. buy from related company otherwise I'll be feeding competitors to fight against Guocera which I have substantial interest
So what would I do? Take the opportunity to upgrade Guocera so that it could produce higher quality tiles at lower cost. This will benefit Guoco land to get excellent tiles with reasonable price, at the same time provide return for investment to Guocera. If Guocera could not provide good quality tile at competitive price, then I will not spend 400 mil in Guocera, instead I'll slowly give up this business and get the tile supply from White Horse, Niro, etc. Make sense?

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2023-06-09 18:02 | Report Abuse

Next Q earning 31.9 sen excluding hedging loss/gain. If include hedging loss/gain will be better than 31.9 sen. Continue to see unusual large profit from refinery sector.

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2023-06-08 10:54 | Report Abuse

By 2024 Ukraine war should have ended and will be a tile magnet at that time. This will cause Europe's tile price to increase and Malaysia's tile to gain pricing power in 2024. Although new house build is slowing down, most of the consumption in recent years are actually from renovation of existing buildings. Therefore the slow down in construction does not mean total demand for tiles is shrinking.

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2023-06-08 10:48 | Report Abuse

Total floor area 450,000 sqf. Assuming tile-able wall to floor ratio is 4:1, then
Total tile value = 450,000 * (4+1) * 7 *3.3 = RM 51,975,000 which is 2.1% revenue of HLIND or 21% revenue of Guocera in year 2022.
Assumptions:
1) Unit tile value = SGD 7 / sqf
2) SGD exchange rate 3.3
If more luxurious tiles are used then it could reach 30% of Guocera's revenue in 2022.

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2023-06-07 19:29 | Report Abuse

10% is conservative estimation. I think more expensive tiles will be used because the value of the building is already above 2k SGD psf.

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2023-06-07 19:26 | Report Abuse

https://www.edgeprop.sg/property-news/bugis-enters-new-chapter-ongoing-rejuvenation
I think this complex will consume 10% output from Guocera after the new plant has completed.

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2023-05-31 16:04 | Report Abuse

Hi Observatory, well said. Just learned something from you that some stocks in Bursa are approved for short selling. Is there any website / source that I could refer to learn short selling in Bursa? Thanks.

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2023-05-30 09:20 | Report Abuse

These are all my questions waiting for more brilliant kaki to analyse and share. I'm not smart enough.

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2023-05-30 09:18 | Report Abuse

And I think he did it this way is like slapping Mr. S on his face because he will definitely face lots of questions in the AGM 2 days later. Who can tolerate this?