HONG SENG CONSOLIDATED BERHAD

KLSE (MYR): HONGSENG (0041)

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Last Price

0.015

Today's Change

+0.005 (50.00%)

Day's Change

0.01 - 0.015

Trading Volume

4,808,500


5 people like this.

2,992 comment(s). Last comment by Baby Shark 2 days ago

Faith In

44 posts

Posted by Faith In > 2020-03-24 12:25 | Report Abuse

I have added. I'm confident in management of MYSCM. I would park my money here rather than risk in other counter such as oil and gas and etc.

Gem Seeker

2,406 posts

Posted by Gem Seeker > 2020-03-24 13:50 | Report Abuse

I saw Calvin comment regarding this.

It is undervalue GEM

FoolsGold

654 posts

Posted by FoolsGold > 2020-03-24 13:54 | Report Abuse

still looking for gem in price collapsed market ? can try the blue chips in KLSE, now boosted by big players,..the low vol. here is scary..

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2020-03-24 14:23 | Report Abuse

>>>>

Gem Seeker I saw Calvin comment regarding this.

It is undervalue GEM
24/03/2020 1:50 PM

>>>>>>



Never buy a company that raise capital from right issues.

This is a generic advice that will keep you out of trouble.

CharlesT

14,916 posts

Posted by CharlesT > 2020-03-24 14:29 | Report Abuse

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > Mar 24, 2020 2:23 PM | Report Abuse

>>>>

Gem Seeker I saw Calvin comment regarding this.

It is undervalue GEM
24/03/2020 1:50 PM

>>>>>>



Never buy a company that raise capital from right issues.

This is a generic advice that will keep you out of trouble.


U sure ah? where did u learn so?

PB Bank/HLIND/Maybank/RHB etc all went thru rights issues....So?

CharlesT

14,916 posts

Posted by CharlesT > 2020-03-24 14:31 | Report Abuse

HLB also...2 rounds...one in 2011 another in 2015

CharlesT

14,916 posts

Posted by CharlesT > 2020-03-24 14:32 |

Post removed.Why?

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2020-03-24 14:35 | Report Abuse

>>>>>

Posted by CharlesT > Mar 24, 2020 2:32 PM | Report Abuse

3iii many here said u are idiot..at first i refused to believe...now i think i could be wrong on you

>>>>>>

CharlesT

No problem. I am a real idiot. No need for you to be in your dilemma.

:-)

CharlesT

14,916 posts

Posted by CharlesT > 2020-03-24 14:38 |

Post removed.Why?

CharlesT

14,916 posts

Posted by CharlesT > 2020-03-24 14:40 | Report Abuse

Some rights issues are good, others can be very bad

This is a fair statement..compare to yr earlier bullshits

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2020-03-24 14:41 | Report Abuse

>>>>

CharlesT Just that I love to whack idiots...nothing personal
24/03/2020 2:38 PM

>>>>>



You must be a genius then, the one who took opposite views not because you are right but because your rice bowl might be affected. Just guessing. I may be absolutely wrong again.

CharlesT

14,916 posts

Posted by CharlesT > 2020-03-24 14:43 | Report Abuse

where got..i am always fair n neutral one

Myscm has a lot of cash now...if Boon Long wanna swallow all then there is nothing much the minority shareholders can do

CharlesT

14,916 posts

Posted by CharlesT > 2020-03-24 14:44 |

Post removed.Why?

CharlesT

14,916 posts

Posted by CharlesT > 2020-03-24 14:44 | Report Abuse

Mensiasoikan

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2020-03-24 14:47 | Report Abuse

>>>>

CharlesT Some rights issues are good, others can be very bad

This is a fair statement..compare to yr earlier bullshits
24/03/2020 2:40 PM

>>>>>


Almost all the right issues in Bursa companies are to bail out poorly managed companies.

For the not so knowledgeable, avoid right issues (level 1 thinking).

For the knowledgeable, also avoid right issues, except for a few companies. (Please apply level 2 thinking.)

CharlesT

14,916 posts

Posted by CharlesT > 2020-03-24 14:50 | Report Abuse

Yr Dlady Nestle is the best lah.Period

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2020-03-24 15:03 | Report Abuse

>>>>

Posted by CharlesT > Mar 24, 2020 2:50 PM | Report Abuse

Yr Dlady Nestle is the best lah.Period

>>>>>


So many own DLady and Nestle.

I have own DLady and Nestle for decades.

They are in my long term hold forever portfolio.

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2020-03-24 15:06 | Report Abuse

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ For those who did not see my earlier post, I shall repost.

>>>>

Yes Faith
I went to take a look at Mysc

It is has Rm53 millions cash and minimal borrowings. It raised its cash thru 1 in 5 Rights at 25 sen with free warrants last year

>>>>>



Yes Faith,

No need to check on this company. I will give you a generic advice which you should remember to refer to each time.

Avoid companies with right issues. This is generally true in almost all cases.


Humbly yours

3iii

Reference: Bullbear Buffett Stock Investing Notes
24/03/2020 2:11 PM

Gem Seeker

2,406 posts

Posted by Gem Seeker > 2020-03-24 17:36 | Report Abuse

In view of the steps undertaken and to be undertaken as mentioned above, the Board is of the opinion that
the Group’s strategies to expand its business activities to include moneylending business are expected to
complement its supply chain management business and improve the financial position of the Group in
the future.

Gem Seeker

2,406 posts

Posted by Gem Seeker > 2020-03-24 17:46 |

Post removed.Why?

bleuerouge

3,221 posts

Posted by bleuerouge > 2020-04-06 10:09 | Report Abuse

no one keen on this counter?

CharlesT

14,916 posts

Posted by CharlesT > 2020-04-07 15:31 | Report Abuse

Boon Long wake up oredi ah?

ahgorgor

178 posts

Posted by ahgorgor > 2020-04-18 14:24 | Report Abuse

Stabilizing at 8 sen

Posted by birkincollector > 2020-04-23 12:22 | Report Abuse

u the syndicate ka

hairi

473 posts

Posted by hairi > 2020-04-23 14:20 | Report Abuse

Cold storage for pharmaceutical also good selling point

cyrix8

648 posts

Posted by cyrix8 > 2020-04-23 16:27 | Report Abuse

huge price up today

cyrix8

648 posts

Posted by cyrix8 > 2020-04-23 16:54 | Report Abuse

closed 105

CharlesT

14,916 posts

Posted by CharlesT > 2020-04-23 17:08 | Report Abuse

Hope not 2 days show..

SWX1987

75 posts

Posted by SWX1987 > 2020-04-27 15:06 | Report Abuse

suddenly high volume ooo....fast fast enter ooo

Posted by Fadzli Alias > 2020-04-27 22:18 | Report Abuse

Finally up3....

SWX1987

75 posts

Posted by SWX1987 > 2020-05-15 11:05 | Report Abuse

ei, coming again? shoot to 0.2?

CHLEONG888

924 posts

Posted by CHLEONG888 > 2020-05-16 14:21 | Report Abuse

Any great news, relatively huge volume of late

Posted by birkincollector > 2020-05-29 16:06 | Report Abuse

200mil PA transacted off market at 0.050...almost 25%

ahgorgor

178 posts

Posted by ahgorgor > 2020-05-31 19:48 | Report Abuse

something is brewing??

Posted by Srsm Trader > 2020-06-04 14:43 | Report Abuse

yeap... something brewing.. start moving today.

Posted by Srsm Trader > 2020-06-05 05:50 | Report Abuse

another round today. ✊

Posted by Srsm Trader > 2020-06-05 05:50 | Report Abuse

break 130. then it will fly.

ahgorgor

178 posts

Posted by ahgorgor > 2020-06-06 19:33 | Report Abuse

Right issue 25 sen. Now 13 cts + 3 warrant at 3 sen = 22 sen. The preference share rights issue at 5 sen now market price 3.5 sen, basically those who subscribed rights issue all losing money.

CHLEONG888

924 posts

Posted by CHLEONG888 > 2020-06-09 13:35 | Report Abuse

Anything brewing, up 16%++

Jyen

158 posts

Posted by Jyen > 2020-06-09 14:55 | Report Abuse

Related to e wallet?

SWX1987

75 posts

Posted by SWX1987 > 2020-06-09 14:58 | Report Abuse

here come the wave. bucket seat bell on and enjoy the ride!!!

CharlesT

14,916 posts

Posted by CharlesT > 2020-06-09 15:34 | Report Abuse

jangan gostan tmr will do...always dance cha cha one

SWX1987

75 posts

Posted by SWX1987 > 2020-06-09 16:22 | Report Abuse

hope it will close at 180 today, it is coming

Jyen

158 posts

Posted by Jyen > 2020-06-09 16:57 | Report Abuse

Yeah for once

CharlesT

14,916 posts

Posted by CharlesT > 2020-06-09 16:59 | Report Abuse

cbl show yr power lah...or else people thought u die oredi

Posted by Srsm Trader > 2020-06-09 21:26 | Report Abuse

beautiful.

malton

167 posts

Posted by malton > 2020-06-09 22:53 | Report Abuse

tomorrow i want hoot wa 0.04 。hope can buy

CharlesT

14,916 posts

Posted by CharlesT > 2020-06-10 15:13 | Report Abuse

game over ah? CBL so fast tok tok jiang again ah/

malton

167 posts

Posted by malton > 2020-06-10 18:50 | Report Abuse

i think no yet ,wait and see

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