HAP SENG CONSOLIDATED BHD

KLSE (MYR): HAPSENG (3034)

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Last Price

3.45

Today's Change

-0.03 (0.86%)

Day's Change

3.45 - 3.50

Trading Volume

549,900


18 people like this.

4,199 comment(s). Last comment by Jonathan Keung 3 days ago

Posted by calimali > 2011-10-12 09:43 | Report Abuse

any info for this counter

carries

117 posts

Posted by carries > 2011-10-12 10:17 | Report Abuse

I bought this for a long term hold. Seems to be fundumentally sound and pays a decent dividend.

carries

117 posts

Posted by carries > 2011-10-17 13:16 | Report Abuse

Hope you managed to buy then because you would have around 20 cents profit today ...... but i think this is a decent pick for the long term ......

kuance

58 posts

Posted by kuance > 2012-01-10 13:23 | Report Abuse

look at the technical analysis side of this counter... seems like its gonna break the house :) look nice rite?

Bai Zun

102 posts

Posted by Bai Zun > 2012-01-31 15:12 | Report Abuse

Nice break?

Posted by Stanley WEE > 2012-01-31 15:45 | Report Abuse

Seems like HapSeng is coming ? Is the TP RM2.00 is true ?

tcr5585

153 posts

Posted by tcr5585 > 2012-01-31 15:54 | Report Abuse

hope can sustain at 1.65 level

jacklew

499 posts

Posted by jacklew > 2012-02-12 16:50 | Report Abuse

hi carries, what's hapseng's dividend looks like? plan to buy for long term.....new investor here.

Posted by henritlee > 2012-02-12 17:15 | Report Abuse

My target price is RM2.00 and forecasting dividend for the coming quarter 7-8%. The company will have new record high in Revenue. And is for long term, now economy outlook is good, still a good buy.

kclee

110 posts

Posted by kclee > 2012-02-15 11:31 | Report Abuse

Its a good day for hapseng today. Breaking out the 1.7 resistance level. Additionally with good news on the profit-taking report.

Will surely go up again...Watch closely

KCLee

carries

117 posts

Posted by carries > 2012-02-15 11:44 | Report Abuse

Jack, the last interim dividend was paid on 28th Sept 2011 and amounted to RM39 per lot.

They have declared another interim dividend to be paid end of this month i think.

(Sorry for the late response. I rarely check the stocks, i'm a long term "buy and hold" investor. Haven't touched my portfolio in months and the only reason why i'm back checking abit is because i needed to convert my YTLCement to YTL Corp. After which i'll be hibernating again ....)

Posted by superkingdom > 2012-02-19 15:54 | Report Abuse

long term investment share...TP at 2.20

jacklew

499 posts

Posted by jacklew > 2012-02-21 14:21 | Report Abuse

Hi carries, thanks for the information. Any other good stocks you would recommend for long-term hold? :-) something like hapseng.

Posted by khoochunshean > 2012-02-28 14:45 | Report Abuse

we are not selling yesterday.. Gona be steady~

jacklew

499 posts

Posted by jacklew > 2012-02-28 14:52 | Report Abuse

price drop means opportunity for accumulating, right?

theews82

1,895 posts

Posted by theews82 > 2012-02-28 14:58 | Report Abuse

simple, it risen because of dividend..and it dropping because of dividend as well... TP RM1.50...

jacklew

499 posts

Posted by jacklew > 2012-02-29 10:03 | Report Abuse

can consider its warrant. ex-date in 2016. now at RM0.465-0.470

Jake

493 posts

Posted by Jake > 2012-02-29 16:38 | Report Abuse

47 sen good entry currently.

jacklew

499 posts

Posted by jacklew > 2012-03-01 14:21 | Report Abuse

agreed. bought some at 47 cents.

jacklew

499 posts

Posted by jacklew > 2012-03-05 15:03 | Report Abuse

wat happen hapseng?

jacklew

499 posts

Posted by jacklew > 2012-03-14 12:04 | Report Abuse

same here....zzzZZZzz....

jacklew

499 posts

Posted by jacklew > 2012-03-14 16:48 | Report Abuse

yeah, penny buying force and it's warrant up 3% today. I think more to come on tomorrow.

Jake

493 posts

Posted by Jake > 2012-03-15 10:39 | Report Abuse

This counter you must have some patience. Its tightly held by its major shareholder so don't expect much fluidity.

Posted by tham hoe yean > 2012-03-15 12:14 | Report Abuse

Dont worry too much, this stoke have a strong fundamental.

jacklew

499 posts

Posted by jacklew > 2012-03-15 12:25 | Report Abuse

This is a good counter with strong dividend, business (diversify) and management team. It is not the goreng counter like Naim, Puncak, etc. Have faith on it.

Jake

493 posts

Posted by Jake > 2012-03-15 12:31 | Report Abuse

Good management team? How sure? It is a tightly held family controlled company.

jacklew

499 posts

Posted by jacklew > 2012-03-15 12:50 | Report Abuse

Tightly held by family doesn't means no good. Most of the management team members have more than 15 years of experience in their own expertise. It is one of the fund manager's favourite counters. Just my 2 cents.

adlin

3 posts

Posted by adlin > 2012-03-20 08:58 | Report Abuse

good news or bad news?

jacklew

499 posts

Posted by jacklew > 2012-03-20 16:13 | Report Abuse

at least woke up a bit now.

jacklew

499 posts

Posted by jacklew > 2012-03-21 17:00 | Report Abuse

Bro Ali baba, mind to share your TP of this counter?

jacklew

499 posts

Posted by jacklew > 2012-03-22 09:11 | Report Abuse

fully agreed. it would probably take more than 1 year to achieve.

jacklew

499 posts

Posted by jacklew > 2012-03-22 16:20 | Report Abuse

positive moving :-)

jacklew

499 posts

Posted by jacklew > 2012-03-22 17:05 | Report Abuse

now 1.7. your TR 2.0 still a long way wor..... :-) from 1.55-1.70 took more than 5 months already. hahahah

Jake

493 posts

Posted by Jake > 2012-03-23 17:15 | Report Abuse

But motor only 1HP, so it is accelerating slowly.

jacklew

499 posts

Posted by jacklew > 2012-03-24 17:46 | Report Abuse

Hahaha......yeah, only 1 HP......

Jake

493 posts

Posted by Jake > 2012-03-27 11:57 | Report Abuse

Palm oil prices jumping, but Hap Seng like dead weight in a the ocean...

jacklew

499 posts

Posted by jacklew > 2012-04-13 09:19 | Report Abuse

at Rm1.70??

kcfan

1,881 posts

Posted by kcfan > 2012-05-06 08:02 | Report Abuse

虽然合成统一(HAPSENG,3034,主板贸服股)没有计划大肆扩展,但分析员仍持续看好该股,因其估值仍低,以及周息率高。

合成统一管理层重申,公司目前并没有计划在印尼购买种植地,反而会继续专注在沙巴原有园丘的邻近地带购买地库,即兰瑙拿笃(Lahat Datu)、哥打马鲁都(Kota Maruda)和拉当卡旺(Ladang Kawa)。无论如何,合成统一目前每英亩3万令吉以上的献购价仍过高。

截至2011年12月31日,该公司总地库为3万9804公顷,当中3万5471公顷为已种植,而3万1068公顷的种植地已成熟。无论如何,该公司在过去两年积极翻种,将超过25年树龄以上的棕油树份额减少至10%。

2012至2013财政年翻种资本开销,预期会与2011财年的1050万令吉相同。目前,该公司保留的可种植土地只有1601公顷。

无产量疲弱现象

该公司2012年设下鲜果串(FFB)产量成长4%的目标,除了因为去年产量大增外,该公司已经把过去两年积极翻种因素和预计鲜果串产量增加至每公顷24公吨的因素考虑在内。管理层也强调,没有出现产量疲弱的现象。

艾芬投行分析员表示,在该公司2012财政年首季业绩出炉前仍维持财测。

分析员认为产量疲弱料拖累表现,但每公吨3200令吉的平均销售价格,将会部分抵销产量下跌。

分析员表示,尽管该公司没有进行大型的土地收购扩展,但他仍持续看好这家零债务和高效率的股项。

他指出,合成统一目前10.2倍的本益比估值仍被低估,并且是他们追踪种植股项中,派出最高的6.7%周息率。分析员维持对该股「买进」投资评级以及3.53令吉目标价格。

phyroxus

683 posts

Posted by phyroxus > 2012-05-07 10:21 | Report Abuse

think this is for hsplant? this kind of analyst news really...

chongkonghui

1,117 posts

Posted by chongkonghui > 2012-05-07 17:50 | Report Abuse

HSPLant is not bad but low growth prospect as compared to TSH.

Tree profile shows low growth prospect. Not much unplanted land available.

jacklew

499 posts

Posted by jacklew > 2012-05-17 13:23 | Report Abuse

Hap Seng Consolidated Bhd's 50 million shares were transacted in an off-market deal on Thursday at RM1.73 each.

Stock market data showed the 2.28% stake was transacted 6.13% or 10 sen above Wednesday's closing price of RM1.63.

At midday, Hap Seng's share price was up one sen to RM1.64 in regular trade.

The company has also been buying its shares. Since April 30 to Wednesday, it had bought back 3.16 million shares and the cumulative net outstanding treasury shares was 17.247 million shares.

phyroxus

683 posts

Posted by phyroxus > 2012-05-18 00:27 | Report Abuse

wah, transact highter than current price. I remember i saw this in oldtown before also. 3 days later the price than jerk up. let's wait and see.

jinv9

127 posts

Posted by jinv9 > 2012-05-25 00:30 | Report Abuse

Since 19 March 2012 when the Co announced the sale of land and making a profit of RM38.4m to be booked in 1Q12, the Co went on an aggressive buy-back of its own shares, Since then, it had bought 12.8m shares, making a total of 19.1m shares to date.

Very often, you can see the buying in the last 10mins of afternoon session, in fact in the last a few seconds before 4.50pm.

Today,(24 May, Thurs) it was 350,000 shares was bought at 1.65 pushing the price up by 1 bid; yesterday it was done 100,000 at 1.64 and 330,000 at 1.65, pushing the price up by 2 bids. On 21 May (Mon) the Co bought 300,000 at 1.63, the closing price of the day. There are more of such buying, too many to list.

In addition, its 100% subsidiary, Hap Seng Insurance bought 50m Hap Seng Consol shares from its Hong Kong sister Co on 17 May 2012.

With the Co buy back, it mght be worth while to take a small position. At least you know the price is supported.

Jake

493 posts

Posted by Jake > 2012-05-25 00:59 | Report Abuse

yeah, how about taking some long positions for its warrants @ RM 0.41

jacklew

499 posts

Posted by jacklew > 2012-05-25 05:52 | Report Abuse

YEAH, TAKE IT AS A LONG TERM COUNTER, PRICE STABLE, DIVIDEND HIGHER THAN FD...

kl foong

421 posts

Posted by kl foong > 2012-05-25 08:43 | Report Abuse

This co. is tightly family controlled by sarawakian group. If interested, keep for long term. HS Plant also good.

jacklew

499 posts

Posted by jacklew > 2012-05-25 09:07 | Report Abuse

This counter is one of the favorite counters by fund managers. You can see its major share holders are mostly fund manager. i.e, Public Regular Saving Funds, Public Ittikal Fund, Public Aggressive Growth Fund....

jinv9

127 posts

Posted by jinv9 > 2012-05-25 11:48 | Report Abuse

The Company is quite diversified in its busness - it is involved in property, plantations, automotive, credit financing, the fertiliser business and quarrying and building materials.

The counter is 73.73% owned by the Lau family, up from 69.35% in Oct 2011.

With the increase in the stake in the Co and the continuing accumulation of shares via buy-back by the Co, one would expect the forthcoming quaterly results would indeed be good.

The counter is trading in a price channel between 1.60 and 1.70.

jacklew

499 posts

Posted by jacklew > 2012-05-25 11:57 | Report Abuse

will probably reaches 1.8 when the company announce its quarterly report....

theews82

1,895 posts

Posted by theews82 > 2012-05-25 12:07 | Report Abuse

stop dreaming, it wont. Last quarter with an pleased result cum an nice dividend it still stucked at 1.75-1.76... How do you expect it to reach 1.80 without any encouragement to buy in an uncertainty market like now?

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