Posted by wallstreetrookie > 2021-11-02 07:09 | Report Abuse

The Bank of Canada surprised markets last week when it ended its government-bond-purchase program and moved up the time frame for when it might first raise its benchmark interest rate from its current near-zero level.

Meanwhile, the Reserve Bank of Australia, which has a policy meeting on Tuesday, stunned investors when it declined last week to defend the 0.1% interest-rate target it had set on bond yields that mature in April 2024. Bond investors sold off government debt following the release of a stronger-than-anticipated inflation report.

The RBA’s move fueled expectations that it will scrap the program, known as “yield curve control,” at this week’s meeting. “If so, this is a startling about-face,” said Ben Jarman, an economist at JPMorgan Chase & Co.

WSJ | Economy

Posted by Drachen > 2021-11-02 08:47 | Report Abuse

No two companies are alike; just as no two people are the same - not even twins. Yes, Hong Seng is definitely "unique". But what matters, and I can only speak for myself, is that this company's shares have given me a profit of more than RM100,000 in just over 3 months. Admittedly as a small investor, I've never made so much money in such a short period of time. This is on top of the RM50,000 I made on shares that I bought in 2015 (when the company was known as Panpages) that grew in value from bonuses and splits after Hong Seng came into the picture. Maybe I can count my lucky stars.

Posted by imvu > 2021-11-02 09:47 | Report Abuse

kmon jutawan ..

Posted by imvu > 2021-11-02 10:49 | Report Abuse

stop limit hongseng-wb = 0.860
beli kaunter downtrend , semakin hari harga semakin turun .
beli kaunter uptrend semakin hari harga semakin naik .

Posted by wallstreetrookie > 2021-11-02 12:25 | Report Abuse

Shut up @imvu you are annoying

Posted by wallstreetrookie > 2021-11-02 12:25 | Report Abuse

Reported your comment.

Posted by tomwah > 2021-11-02 12:46 | Report Abuse

good luck every one

Posted by wallstreetrookie > 2021-11-02 13:01 | Report Abuse

This guy @imvu really wants everyone to know that he owns Hongseng. Bruh just shut up, make money and move on.

"Gap up, limit up??"

Shut up

Posted by jenson68 > 2021-11-02 14:36 | Report Abuse

Strong momentum & show uptrend !! Enjoy the ride …

Posted by Vaccineyes > 2021-11-02 19:05 | Report Abuse

Hope can break RM4 tomm

Posted by NatsukoMishima > 2021-11-02 21:10 | Report Abuse

From 4 c goreng until rm 4 ! How many bilis will be trapped !

Posted by jenson68 > 2021-11-02 22:12 | Report Abuse

Hong Seng Consolidated Bhd’s wholly owned subsidiary HS Petchem Logistics Sdn Bhd s subleasing a tract of land in Prai Bulk Cargo Terminal, Pulau Pinang, to construct a tank farm and provide integrated logistics services to wholly owned subsidiary Hong Seng Industries Sdn Bhd as well as other nitrile butadiene latex (NBL) manufacturers. (The Star)

Posted by jenson68 > 2021-11-02 22:16 | Report Abuse

High trading volume !! Gogogo 123 ”4” 5

Posted by Maridien2 > 2021-11-02 23:59 | Report Abuse

Pump and dump. Now shud be dumping phase.

Posted by Kim > 2021-11-03 00:58 | Report Abuse

Sound like missed da train to Venice =)

Next 3.95 & 4.20
Continue 4.50 & 5.50 by (Nov.)

Posted by CoolBull > 2021-11-03 01:53 | Report Abuse

that's becos hong seng is lucky not to be the target of relentless daily non-stop bullkrapping fearmongering shorting cartel goons

Posted by Benhobenhobenho > Nov 1, 2021 7:20 PM | Report Abuse

Strange eh!! Top glove shares n the rest dropped so much in share prices but Hong Seng can go up so much on the contrary, why? Any special about this counter, is their earnings more than top glove n the rest of the big 4

Posted by CoolBull > 2021-11-03 02:02 | Report Abuse

which just says it all, about the real level of confidence that the guys who really know have, in the glove business & the future prospects of it

Posted by Drachen > Nov 1, 2021 6:54 PM | Report Abuse

Company to invest RM3bil in world’s largest nitrile butadiene facility in Kedah

https://www.freemalaysiatoday.com/category/nation/2021/11/01/company-to-invest-rm3bil-in-worlds-biggest-glove-plant-in-kedah/

Posted by wallstreetrookie > 2021-11-03 05:55 | Report Abuse

Some investors and former Fed staffers aren’t so sure. Krishna Guha, vice chairman of Evercore ISI who was an adviser to William Dudley when he was head the New York Fed, says the rates market is getting it wrong on both sides - especially with U.S. stocks near their all-time highs. Stephen Jen, the chief executive officer of Eurizon SLJ Capital, goes even further, saying the market’s very low pricing of the peak policy rate is “ridiculous.”

While the rate markets backdrop seems to show “fear that central banks have boxed themselves into a corner and will be forced into hawkish policy mistakes that end up generating a weak economy, that is hard to square with strength in equities and credit,” Guha wrote in note with his colleague Peter Williams on Nov. 1.

Bloomberg | Markets

Posted by Drachen > 2021-11-03 09:18 | Report Abuse

Price has been going up by about 1.00 every month.

Posted by mf > 2021-11-03 09:42 | Report Abuse

0041 HONGSENG, HONG SENG CONSOLIDATED BERHAD - +
Additional Listing Announcement /Subdivision of Shares
2 Nov 2021, 07:00
Additional Listing Announcement /Subdivision of Shares
1. Details of corporate proposal
Whether the corporate proposal involves the issuance of new type and new class
of securities? N
Types of corporate proposal : Conversion of Preference Shares
Details of corporate proposal : Conversion of Irredeemable Convertible
Preference Shares into Ordinary Shares of the Company
No. of shares issued under this corporate proposal : 33,500
Issue price per share ($$) : 0.1000
Par Value ($$) (if applicable) : 0.000
Latest issued share capital after the above corporate proposal
In the following
Units : 2,552,799,884
Issued Share Capital ($$) : Malaysian Ringgit (MYR) 250,709,518.200
Listing Date : 03/11/2021
2. Details of corporate proposal
Whether the corporate proposal involves the issuance of new type and new class
of securities? N
Types of corporate proposal : Exercise of Warrants
Details of corporate proposal : Exercise of Warrants 'A' into Ordinary Shares
of the Company
No. of shares issued under this corporate proposal : 26,700
Issue price per share ($$) : 0.1300
Par Value ($$) (if applicable) : 0.000
Latest issued share capital after the above corporate proposal
In the following
Units : 2,552,826,584
Issued Share Capital ($$) : Malaysian Ringgit (MYR) 250,712,989.200
Listing Date : 03/11/2021
Remarks:
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

Posted by Drachen > 2021-11-03 09:59 | Report Abuse

insignificant. price down .20 now. I'm buying. But HS has become too expensive for me to buy. Not making as much now as I would like to.Will sell when price touches 4.80/4.90.

Posted by hahaso > 2021-11-03 11:01 | Report Abuse

I have sold at 3.75

Thank you

Wait to return to 1.00

Posted by Vaccineyes > 2021-11-05 11:44 | Report Abuse

You can do it Hong Seng. Breakout soon

Posted by akmalrizal786 > 2021-11-08 20:58 | Report Abuse

die

Posted by Jerichomy > 2021-11-09 10:15 | Report Abuse

This one also sama dengan genetec

Posted by Jerichomy > 2021-11-09 10:19 |

Post removed.Why?

Posted by Vaccineyes > 2021-11-09 13:13 | Report Abuse

Yes i remember and now its 46 and soon will be in 50 safe zone

Posted by calvintaneng > 2021-11-09 13:14 | Report Abuse

Hong Seng is a BIG TRAP

Stay Away!!!

https://www.youtube.com/watch?v=EKieneReLcY

Posted by akmalrizal786 > 2021-11-09 20:18 | Report Abuse

tomorrow die

Posted by Vaccineyes > 2021-11-09 21:28 | Report Abuse

Tak faham. Why die?

Posted by akmalrizal786 > 2021-11-10 03:35 | Report Abuse

baca news la brader

Posted by doglover > 2021-11-10 14:59 | Report Abuse

big unload nearby 3.48-3.5

Posted by by2mie > 2021-11-15 14:58 | Report Abuse

HongSeng Never Die

Posted by Jerichomy > 2021-11-16 11:16 | Report Abuse

Sure vaccineeyes…Genetec lesson Not enough ka

Posted by Vaccineyes > 2021-11-16 12:41 | Report Abuse

This stock a stock of potential
Genetec story please update kat Genetec blog

Posted by Jerichomy > 2021-11-16 12:56 | Report Abuse

Must update here PE 300 you think made of Gold meh

Posted by Jerichomy > 2021-11-16 12:57 | Report Abuse

Not PE 300 but PE 700 ++ LOL

Posted by jenson68 > 2021-11-16 21:41 | Report Abuse

Slow and steady wins the race , gogogo

Posted by Vaccineyes > 2021-11-17 17:04 | Report Abuse

Well done Hong Seng

Posted by Kim > 2021-11-18 00:24 | Report Abuse

4.0 still intacted. Should play 3.52 to 3.62 very soon.

Posted by imvu > 2021-11-18 13:58 | Report Abuse

banyak kali sudah rebound , harap kali ni pun rebound jugak :)

Posted by Vaccineyes > 2021-11-19 09:45 | Report Abuse

Mesti boleh. Keep faith

Posted by RTA09391 > 2021-11-22 15:26 | Report Abuse

Just keep for long term

Posted by jenson68 > 2021-11-25 20:00 | Report Abuse

Wow… fantastic QR !!

Posted by Kim > 2021-11-25 22:22 | Report Abuse

=) P/E

Posted by Moneycometome > 2021-11-25 23:39 | Report Abuse

Found that Hongseng latest qr profit more than D&O, and this tally to higher market cap of Hongseng than D&O.
Does this means that Hongseng is more worth to invest?

Posted by bojed > 2021-11-25 23:44 | Report Abuse

HS's profit was mainly generated from the healthcare segment and the disposal of a subsidiary. This is quite likely a one-off event only.

Posted by Moneycometome > 2021-11-25 23:57 | Report Abuse

I am interested to see HS profitability in coming quarters, especially after its nitrile latex plant starts run. I dun hv a single share of HS now.

Honestly I original thought HS is pure goreng stock, but just now found that HS total number of shares are huge, if said is pure goreng also hard to sustain the bubbles, unless these bubbles are supported by some real profiting business and promising prospect.

Will keep my eyes watch this HS.

Posted by SWX1987 > 2021-11-29 10:10 | Report Abuse

all glove related counter fly to moon but this counter no movement yet. come on, do not miss the ship. faster on board!!!????

Posted by Benhobenhobenho > 2021-11-29 12:36 | Report Abuse

This counter already moved far ahead of the rest of glove counters, that's why price not much movement. Now the turn of the big 4 n the rest of glove counters