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 2 days ago

davors

889 posts

Posted by davors > 2013-08-15 22:03 | Report Abuse

Don't play warrant until u understand it... ^_^

kllee

178 posts

Posted by kllee > 2013-08-15 22:54 | Report Abuse

I like HJey comments .

FCM100

143 posts

Posted by FCM100 > 2013-08-16 09:39 | Report Abuse

Agree with you davors. :)

gark

924 posts

Posted by gark > 2013-08-16 17:10 | Report Abuse

Hapseng is very ripe for 1:15 share dividend ... treasury shares already holding near 8% of total stocks.

HJey

1,368 posts

Posted by HJey > 2013-08-16 17:14 | Report Abuse

gark, how do you come with your conclusion? mind to share with everyone. thanks

gark

924 posts

Posted by gark > 2013-08-16 19:07 | Report Abuse

Max a company can buy back shares is 10%... now already got 8%.. unless they distribute to shareholders, they cannot buy more if reach limit.

skl6097

108 posts

Posted by skl6097 > 2013-08-16 20:24 | Report Abuse

better cancel its treasury share than bonus issue...

kcfan

1,881 posts

Posted by kcfan > 2013-08-16 22:19 | Report Abuse

Thanks gark on this share buy back situation update as I likes for the company value invest strategic although it slow but stable.

gark

924 posts

Posted by gark > 2013-08-19 11:16 | Report Abuse

So far hapseng previously never cancel or re-sell treasury shares, last time in this similar situation, they give out bonus shares.

FCM100

143 posts

Posted by FCM100 > 2013-08-19 18:29 | Report Abuse

Hapseng recently keep selling its business and raised so much money. Can shareholders expect more dividend to come? Or the gain on disposal of AFI will be distributed to shareholders as dividend/bonus?

Jerry

1,895 posts

Posted by Jerry > 2013-08-19 18:30 | Report Abuse

yes, 8 cents proposal distribution

jtoh1985

528 posts

Posted by jtoh1985 > 2013-08-19 20:56 | Report Abuse

8cent dividend is previously old distribution...

Posted by malaysiaboleh > 2013-08-20 09:01 | Report Abuse

Fly....

ashrizal1

426 posts

Posted by ashrizal1 > 2013-08-20 09:36 | Report Abuse

quarter report show very good financial report, this counter will continue fly. still hold my share maybe will be my fix deposit.

soon9913

2,820 posts

Posted by soon9913 > 2013-08-20 09:42 | Report Abuse

8 cents already paid on 6 Aug. May need to wait for another 3 months for share dividend.....

ashrizal1

426 posts

Posted by ashrizal1 > 2013-08-20 09:54 | Report Abuse

2.20 - 2.50 soon

soon9913

2,820 posts

Posted by soon9913 > 2013-08-20 10:00 | Report Abuse

Agreed as Q3 will be also making good profit.

HJey

1,368 posts

Posted by HJey > 2013-08-20 10:10 | Report Abuse

Revenue 826,757 962,475

Profit/(loss) before tax 259,273 159,538

Profit/(loss) for the period 205,335 117,223

Overall, revenue down but profit margin up. Does anyone here know why profit up? The margin before tax is 31% (2013) vs 16% (2012)

Let us brainstorming, research and investigate this matter

soon9913

2,820 posts

Posted by soon9913 > 2013-08-20 10:28 | Report Abuse

please take note the 8 cents div already paid on 6 Aug

soon9913

2,820 posts

Posted by soon9913 > 2013-08-20 10:35 | Report Abuse

Q3 result will be good also due to huge gain arises from disposal of non-core business- AFI.

ashrizal1

426 posts

Posted by ashrizal1 > 2013-08-20 10:35 | Report Abuse

i already with Hapseng since 1.96 and pocketed my dividen, will that be another interim divident? i think the edge make mistake when reporting the proposed dividen but they should report 8 cent div payout since the div already paid.

ashrizal1

426 posts

Posted by ashrizal1 > 2013-08-20 10:38 | Report Abuse

the next dividen expected on Marc 2014, with current earning+ disposal of Aceford Food Industries AFI, it my guest at least 0.10.

haikeyila

1,068 posts

Posted by haikeyila > 2013-08-20 10:39 | Report Abuse

mmm? another dividend? :>>

Avocado_C

129 posts

Posted by Avocado_C > 2013-08-20 10:39 | Report Abuse

YTD revenue down but profit up because of RM209mil gain from disposal of its Vietnam automotive biz is non-operating income. So, this unusual gain should be non-recurring income.

soon9913

2,820 posts

Posted by soon9913 > 2013-08-20 10:45 | Report Abuse

There should be special dividend due to huge gain from disposal of non core businesses.
The company keeps buying back shares also indicates distribution can be in a way of share dividend.

ashrizal1

426 posts

Posted by ashrizal1 > 2013-08-20 10:48 | Report Abuse

Share div, once treasury reach 10%, Share div with ratio 1:10 highly possible. share cancellation also good enough.

HJey

1,368 posts

Posted by HJey > 2013-08-20 10:52 | Report Abuse

HapSeng disposed HapSeng Star Vietnam. Thus, the gain in profit margin. Then, it means that without this disposal. The number should be lower.

HJey

1,368 posts

Posted by HJey > 2013-08-20 10:54 | Report Abuse

Given choice between share dividend or cash dividend, I will 100% choose share dividend

soon9913

2,820 posts

Posted by soon9913 > 2013-08-20 10:55 | Report Abuse

Lower operation profit mainly due to weak in CPO price and it will recover soon.

No worry and listen to Malaysiaboleh, please hold it tight. :-)

HJey

1,368 posts

Posted by HJey > 2013-08-20 10:57 | Report Abuse

i'm definitely holding it tight and won't sell. The more we understand a business, the better for us

ashrizal1

426 posts

Posted by ashrizal1 > 2013-08-20 11:03 | Report Abuse

cpo price already far to long at lower price, many Palm oil company already go for replanted their estate to replace old tree at the same time reduce CPO supply to market which will jack up the price later, when supply cant satisfied the demand. this strategy work everytime replanted during price low then the tree ready to bear the fruit when the price already up.

ashrizal1

426 posts

Posted by ashrizal1 > 2013-08-20 11:17 | Report Abuse

by the way Palm oil only Fraction from Hapseng Revenue, the real income contributor to Hapseng is Property and leasing wich contribute 68% income to Hapseng. ref to

http://www.thestar.com.my/Business/Business-News/2013/05/30/Hap-Seng-may-spin-off-property-unit-Group-to-consider-option-on-most-profitable-business-arm.aspx

soon9913

2,820 posts

Posted by soon9913 > 2013-08-20 11:19 | Report Abuse

Share price will shot up if listing of property division.......

haikeyila

1,068 posts

Posted by haikeyila > 2013-08-20 11:21 | Report Abuse

hap seng properties are really good in terms of quality and standard.

HJey

1,368 posts

Posted by HJey > 2013-08-20 11:36 | Report Abuse

malaysiabolh, you will never know what will happen next. I agree with you that i prefer property division stay inside HS Consolidated

soon9913, maybe i'm confused. If Hapseng Consolidated spin-off its property business, HS Consolidate's price will drop to reflect lower revenue and profit.

soon9913

2,820 posts

Posted by soon9913 > 2013-08-20 11:55 | Report Abuse

HSC will make handsome profit from the listing of property division due to unlocking the property value on hand. It will still be the subsidiary of the company, but the shareholding will be diluted.

In my opinion, It is good to list property division as property value is booming now.

ashrizal1

426 posts

Posted by ashrizal1 > 2013-08-20 12:05 | Report Abuse

Hap seng show is just start many more to come, lucky to who already in, many more good news for us later.

dai_soh

13 posts

Posted by dai_soh > 2013-08-21 12:28 | Report Abuse

never pay IB, how to rate.

selamba

478 posts

Posted by selamba > 2013-08-21 12:48 | Report Abuse

THIS COUNTER SO GOOD LAAA...CAN BUY

hermen1123

174 posts

Posted by hermen1123 > 2013-08-21 17:14 | Report Abuse

Save from the red sea again today. thank god.............

Jess Law

13 posts

Posted by Jess Law > 2013-08-22 14:47 | Report Abuse

When to paid for 8 sen dividen?

novandjan

38 posts

Posted by novandjan > 2013-08-22 15:36 | Report Abuse

Q at 2.00 did not get it.....miss the boat 2.02

Posted by malaysiaboleh > 2013-08-22 15:38 | Report Abuse

who panic sell now cry lo .. hahahaha. Share dividend ..

Posted by Lai Kim Chuan > 2013-08-22 15:42 | Report Abuse

I see this stock fall to 9 sen and now only fall 1 sen.
What U people worry for such a great stock??
Basically, if the company making money each quarter, good future potential, good dividends and competent management, I see no reason to sell under whatsoever circumstances....

novandjan

38 posts

Posted by novandjan > 2013-08-22 15:46 | Report Abuse

i mean i miss the boat to buy in at 2.02

haikeyila

1,068 posts

Posted by haikeyila > 2013-08-22 16:53 | Report Abuse

the rock. managed to weather another storm.

davors

889 posts

Posted by davors > 2013-08-22 17:14 | Report Abuse

hehe.. got 4000shares at 2.03... :)

soon9913

2,820 posts

Posted by soon9913 > 2013-08-22 17:34 | Report Abuse

wohoo............... Welldone!

davors

889 posts

Posted by davors > 2013-08-22 18:34 | Report Abuse

hope to collect more when it down to 2.050... :)

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