Posted by soon9913 > 2013-08-22 18:48 | Report Abuse

The company has reactivated the buyback button.........

Posted by jjoker > 2013-08-22 19:36 | Report Abuse

With such a chart for mother share itself , should consider some HAPSENG-WA

Posted by ashrizal1 > 2013-08-22 21:54 | Report Abuse

down so much but close at 2.11, good show today.

Posted by kllee > 2013-08-22 23:55 | Report Abuse

Totally agree with Lai Kim Chuan comment .

Posted by phyroxus > 2013-08-23 09:19 | Report Abuse

buy back little compare to previous

Posted by ashrizal1 > 2013-08-23 11:10 | Report Abuse

treasury share already stand at 8%, just 2% more it will maximum and what management plan what to do? Share dividen or share cancelation. i still hold and wait.

Posted by phyroxus > 2013-08-23 16:41 | Report Abuse

what means share cancellation?

Posted by gark > 2013-08-23 16:54 | Report Abuse

share cancellation = anti dilution = higher eps

Posted by jjoker > 2013-08-23 16:57 | Report Abuse

obviously rely on share buy back to support the price...but the question is...for how long..

Posted by soon9913 > 2013-08-23 19:22 | Report Abuse

max buyback is only 10%. Obviously there is corporate exercise coming soon.

Posted by Peter Lee > 2013-08-23 19:51 | Report Abuse

always catch people,opening down till last 30 min push up,maybe caught off guard

Posted by ccdev > 2013-08-26 11:39 | Report Abuse

guys, i see the recommendation on Hapseng-w. looking at the latest quarter 30 june 2013, the bulk of the profit come from selling their automotive operation in vietnam (rm209m profit). If you take the non recurring profit away, the EPS would drop drastically maybe to zero, or negative. am i wrong? what about the debt level so high. can anyone comment on why this stock is recommend if the performance seems not so good? If my basis is wrong, please excuse my question.

Posted by HJey > 2013-08-26 16:28 | Report Abuse

ccdev, this is my opinion on hapseng.

i'm lousy with number, so, i don't know technical analysis. i only know basic math.
i don't read chart because i don't understand chart, i.e candlestick, full body, or etc
i only care if the business is sustainable and its future prospect.



HJey As long as company fundamentals is good, the price will rise soon or later.

Peter Lynch & Warren Buffett
"Buy what you know"

Peter Lynch

HapSeng Business
Property & Leasing - I understand this business
Credit & Financing - Just like a bank
Automotive - I drive everyday but not benz
Plantation - I don't understand this business
Trading - Simple. They trade building materials and sell to internal and external companies
Fertilizers - No idea

4 out of 6. The major revenue contributed by Property & Leasing (read and analyse their annual report). My verdict is keep and hold them tight.


“Go for a business that any idiot can run - because sooner or later, any idiot probably is going to run it.”
Peter Lynch

In my opinion, at least 3 business division can be run by idiot. (Property, Automotive, Trading)
15/08/2013 12:14

Posted by wwwcomment > 2013-08-26 17:58 | Report Abuse

so can also buy hapseng-w right?

Posted by ccdev > 2013-08-27 09:57 | Report Abuse

@Hjey

tq. the 3 business division Property (making money), Automotive (losses, don't know if the vietnam operation sold is the whole department), Trading (minimal profit). i'm just worried about their cost efficiency as without the non-recurring profit, profit would be minimal. Having spoken with OTB, he is going with this stock purely on a TA aspect. a pure fundamental player may wait until the next qtr to see ho things go, but by then the price may have (???) moved.

Posted by davors > 2013-08-27 13:25 | Report Abuse

seems not going below 2.05~ later share buyback lagi to 2.10? :P

Posted by Alex Chan > 2013-08-27 13:42 | Report Abuse

macro view koyak.....potentially, profits histrorical

Posted by Lai Kim Chuan > 2013-08-27 16:49 | Report Abuse

HAPSeng also hancur, die lah this time...

Posted by haikeyila > 2013-08-27 16:50 | Report Abuse

relax.. last minute support coming

Posted by davors > 2013-08-27 17:42 | Report Abuse

relax... always got strong support last minute...

Posted by goldminer > 2013-08-28 10:27 | Report Abuse

undervalued counter, stock up as many as you can

Posted by ohy2012 > 2013-08-30 11:43 | Report Abuse

I bgt some for long term investment.

Posted by samcghee > 2013-08-30 15:54 | Report Abuse

I bought this share since 2011 and keep a lot of HAPseng wa

Posted by haikeyila > 2013-08-30 16:47 | Report Abuse

Beautiful last-minute push again?

Posted by wwwcomment > 2013-09-03 11:50 | Report Abuse

i am aiming this stock. just based on hearsay.

Posted by 4u2c > 2013-09-03 23:07 | Report Abuse

looks like a good stk to me.....good divident and captal gain at least 40 pct... buy 2.00 today n by next year u can sell at 2.80 ....i will start to buy this

Posted by wwwcomment > 2013-09-03 23:47 | Report Abuse

How about the warrant?

Posted by soon9913 > 2013-09-04 13:45 | Report Abuse

Supermx is also a good stock to consider in this economic climate.

Posted by soon9913 > 2013-09-05 10:02 | Report Abuse

wait for the share dividend .. :)

Posted by malaysiaboleh > 2013-09-05 11:25 | Report Abuse

Supermx and Hapseng also good counter to buy ..

Posted by haikeyila > 2013-09-05 17:58 | Report Abuse

no stopping their share buy-backs, its been going on almost daily

Posted by rxo2626 > 2013-09-06 09:21 | Report Abuse

y they buy back their share?

Posted by malaysiaboleh > 2013-09-06 09:25 | Report Abuse

Bc no one buy, so they buy their own.

Posted by haikeyila > 2013-09-06 09:57 | Report Abuse

it means they:
i) have excess cash
ii) have confidence in their own business
iii) believe their stock is undervalued
iv) wish to increase EPS
v) reduce public float (thus increasing share price)

Posted by Avocado_C > 2013-09-06 10:41 | Report Abuse

Unfortunately, the general Bursa "investors" doesn't like Hap Seng that much despite good fundamentals ...They prefer goreng counters, counters with news and penny stocks, but not slow and steady counters :-)

Posted by OSWALD > 2013-09-06 10:49 | Report Abuse

vi)avoid topping up their personal pledged securities when price fall by supporting share price through other means ie. company share buyback?

Posted by haikeyila > 2013-09-06 11:08 | Report Abuse

Absolutely. For every one knowledgable contributor to this forum, it seems there are 100 more clowns contaminating every discussion with their 'goreng' and penny stocks and 'coming liao' nonsense.

Posted by HJey > 2013-09-06 15:58 | Report Abuse

for everyone info, hapseng has committed to pay out minimum 50% of its profit as dividend since 2011.

hapseng is a dividend powerhouse. if you reinvest your dividend, your average buying cost will be lower

avoid this stock if you're day trader or short term player

Posted by j3ffinv > 2013-09-06 16:21 | Report Abuse

of all the counters i have, hapseng is the least affected despite the "storm". yea i agree that it is a dividend play, worth keeping and rolling for long terms...

Posted by malaysiaboleh > 2013-09-06 17:13 | Report Abuse

Is very clear now .. What they are going to do. Reduce debts to save the financial cost (RM 120M per year at the moment), restructure all division with dispose the unprofitable division and expand the profitable division and improve value of share holders with increase the dividend payout or share buy back.
So far, you cannot find any investment bank rate on HapSeng and I believe it will get revalue by those fund managers once they have pick up all done.

Posted by wwwcomment > 2013-09-06 17:39 | Report Abuse

Ok, I am going to buy this counter. Thx for the advice

Posted by suezeyen > 2013-09-06 19:53 | Report Abuse

Slow and steady means your pocket also slow....hehe..

Posted by sephiroth > 2013-09-06 20:00 | Report Abuse

mostly supported by share buyback. Hold since Dec 2011 at 1.48
http://www.bursamalaysia.com/market/listed-companies/company-announcements#/?category=SB&sub_category=all&alphabetical=All&company=3034

Posted by skl6097 > 2013-09-06 23:58 | Report Abuse

why it has so much cash to share buy back but don't use the cash to settle its loan?

Posted by necro > 2013-09-07 00:11 | Report Abuse

Pls google and u will find that there is some point why company buy back their share,if they buy it is still money from investor la kawan...

Posted by malaysiaboleh > 2013-09-10 09:55 | Report Abuse

Why no one buy HAPSENG

Posted by wwwcomment > 2013-09-10 10:17 | Report Abuse

Hardly move. Sometimes I feel like wasting time monitoring this counter.

Posted by Lai Kim Chuan > 2013-09-10 10:20 | Report Abuse

This one is slow and steady. I sold mine at 2.13 but feel regretted. Hope to buy back soon. Good dividen share. Just hold it if you not need cash urgently.

Posted by haikeyila > 2013-09-10 10:21 | Report Abuse

boys, this counter has moved 30% in the last six months, and close to 200% in the last five years.

Posted by phyroxus > 2013-09-10 10:36 | Report Abuse

move 30% in last 6 months means?