Posted by haikeyila > 2013-11-27 18:13 | Report Abuse

but ouch.. it was mainly due to a disposal of a subsidiary

Posted by HJey > 2013-11-27 18:16 | Report Abuse

Wonderful!!! If next quarter can achieve rm130mil net income, a bigger dividend is on the way or even better, a special dividend. Rm750mil net income should do the trick. Congrats!!!

Posted by HJey > 2013-11-27 18:38 | Report Abuse

650mil net income. Not 750mil

Posted by malaysiaboleh > 2013-11-27 19:06 | Report Abuse

No share dividend .. no happy

Posted by papa > 2013-11-27 19:12 | Report Abuse

Second interim dividend

HAP SENG CONSOLIDATED BERHAD

EX-date 24/01/2014
Entitlement date 28/01/2014
Entitlement time 05:00:00 PM
Entitlement subject Second interim dividend
Entitlement description Second interim dividend of 8 sen per ordinary share of RM1.00 each under the single-tier system which is tax exempt in the hands of the shareholders pursuant to paragraph 12B of Schedule 6 of the Income Tax Act, 1967 in respect of the financial year ending 31 December 2013 payable in cash.
Period of interest payment to
Financial Year End 31/12/2013
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no Symphony Share Registrars Sdn Bhd
Level 6, Symphony House, Block D13, Pusat Dagangan Dana 1,
Jalan PJU 1A/46, 47301 Petaling Jaya, Selangor Darul Ehsan
Tel: 603-7841 8000, Fax: 603-7841 8008, 7841 8151/2
Payment date 14/02/2014
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers 28/01/2014
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit 24/01/2014
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator Currency
Currency Malaysian Ringgit (MYR)
Entitlement in Currency 0.08

Announcement Info

Posted by Alex Chan > 2013-11-27 22:05 | Report Abuse

that's the spike we are looking for...opportunity to convert the warrants

Posted by Alex Chan > 2013-11-27 22:08 | Report Abuse

annualized earnings is 28 cents, PE is only 9.....at 12 should be 3.36

Posted by Eelyn Soon > 2013-11-27 22:49 | Report Abuse

this year div quite high huh...

Posted by novandjan > 2013-11-28 09:09 | Report Abuse

2.68

Posted by DtheOne > 2013-11-28 12:24 | Report Abuse

seems like uptrend will continue for hapseng after viewing its quarter report

Posted by malaysiaboleh > 2013-11-28 12:31 | Report Abuse

how long ?

Posted by haikeyila > 2013-11-28 12:35 | Report Abuse

lol, i wonder too. price has been up almost straight since March, and buy-backs have been going on since late 2011. will this continue until 2020?

Posted by papa > 2013-11-28 12:38 | Report Abuse

Yes , it will.

Posted by papa > 2013-11-28 12:40 | Report Abuse

（吉隆坡27日訊）歸功於脫售海外子公司和非策略產業等因素，合成（HAPSENG，3034，主板貿服組）截至2013年9月30日止第三季淨利增長27.26%至1億4千123萬8千令吉，拉動9個月淨利走高48.51%至4億4千557萬1千令吉。
第三季營業額受種植、產業和肥料貿易業務走疲影響，按年下挫18.23%至8億2千947萬4千令吉，拖累9個月營業額萎縮13.23%至24億5千343萬令吉。
派息8仙
1月24日除權
該公司董事部建議派發每股8仙中期股息，除權和享有日落在1月24日和28日。
合成發文告表示，基於全球原棕油供應減少，以及市場需求有望走揚，加上產業和信貸業務將持續企穩和增長，唯肥料貿易和汽車業務將持續充滿挑戰，但綜合各方因素，集團對截至2013年12月31日止第四季取得令人滿意表現感到樂觀。（星洲日報／財經）

Posted by DtheOne > 2013-11-28 17:21 | Report Abuse

wonder what new high it could achieve after it breakout of 2.70. should be cool..

Posted by HJey > 2013-11-28 18:34 | Report Abuse

I don't know what will happen if it reaches 2.70. But I know price will follow earnings & net income, sooner or later.

I suggest three books for your reading.
1. Malaysian Stock Market & You
Prof Dr. Othman Yong

2. One Up On Wall Street
Peter Lynch

3. Warren Buffett Invests Like A Girl
Can't remember her namek

Posted by DtheOne > 2013-11-28 19:37 | Report Abuse

its by LouAnn Lofton..the Warren Buffett book. by just looking at the PE level and earnings of hapseng, knows theres alot of potential in a very very long run.

Posted by 4u2c > 2013-11-28 20:45 | Report Abuse

its trading at all time high now...just like its P and L ............how much is this company worth ? PE anyone ? Im not good at this calculation .

Posted by DLuckyGuy > 2013-11-28 22:11 | Report Abuse

8cent dividend. Is this stock good for short or long term?

Posted by Victorchan > 2013-11-28 22:46 | Report Abuse

i bought at 1.84 may2013,now 2.66.i received dividend once,i will received second in feb 2014,how u think about this stock,lucky?

Posted by DLuckyGuy > 2013-11-28 22:55 | Report Abuse

rm80 for a lot. good to keep

Posted by DLuckyGuy > 2013-11-28 22:55 | Report Abuse

r u selling or keeping it

Posted by Victorchan > 2013-11-28 23:01 | Report Abuse

now i accumulate wa,and wait for convert to mother share,return better than fd

Posted by DLuckyGuy > 2013-11-28 23:04 | Report Abuse

why don't sell and take profit? price will go higher?

Posted by Victorchan > 2013-11-28 23:10 | Report Abuse

as long as the company still making money and pay dividend handsomely i won't sale.

Posted by DLuckyGuy > 2013-11-28 23:15 | Report Abuse

ok. thank u

Posted by HJey > 2013-11-29 20:02 | Report Abuse

It's a wonderful year 2013 for Hap Seng shareholders.

Total dividend amount was 0.14 and capital gain on paper approx 60%.

December is closing month & I don't expect any rude surprises in store for us. Looking forward to 2014, I am expecting a lot of challenges for Hap Seng and its profit.

Two challenges that I expect are

1. Minimum wage policy. Property, Plantation & Trading are the most affected segments in Hap Seng. Most of you would know the type of workers employed in property & plantation. No need for me to go there. Hap Seng has a subsidiary named Malaysian Mosaic Berhad (privatised) which produces MML tiles. (White Horse, Guocera & etc are competitors). There are 3 factories in Kluang, Johor.

Another subsidiary under Trading is Hap Seng Quarry & Building Materials. This business unit produces different variety of brick and sand. They sell most of it to Hap Seng Land and Property. Thus, the high margin in Property business unit.

I expect max 40% increase in operating expenses, which will directly reduce the net income. Let wait until May14 to evaluate the effect of wage policy.



2. Capital intensive business. Property & Trading are affected. I'm not sure about Plantation. The price for buidling materials like steel bar, cement, mesh, concrete & etc will likely increase after CNY. Thus, higher costs will be incurred.

To produce RM1 earning, Hap Seng needs to spend money on capex. Due to its nature of business, I expect PBT & PAT margin to be lower. The least affected is Credit & Financing. For Fertiliser, I totally have no idea. My best guess is related with Plantation. But, how? I don't know



Till then, have a good month ahead and expect the 8cent dividend next year. Ciao.

Posted by 4u2c > 2013-11-29 21:56 | Report Abuse

yes !! Excelent year for Hap Seng ! Lets give a salute !

Posted by DLuckyGuy > 2013-11-29 23:37 | Report Abuse

Where u find all these info, hjey?

Posted by almufathal > 2013-11-30 17:27 | Report Abuse

baca news laaaaa....common sense

Posted by almufathal > 2013-11-30 17:28 | Report Abuse

hjey...good one anyway....

Posted by HJey > 2013-12-02 15:47 | Report Abuse

DLuckyGuy, I tembak only. Read it with caution.

Posted by astee > 2013-12-05 12:06 | Report Abuse

Looks like this is a bumper year for Hap Seng with a second interim dividend of 8 cents in the 3rd quarter of 2013 which have not happen b4 in Hap Seng's track record (usually twice a year) bringing a total to date of 16 cents dividend (as it is, it has already exceeded last year's total dividend of 10.5 cents). Hopefully there will be a final dividend which usually will happen around February every year. If it does happen, the total dividend for the year will be a record and will and has exceeded many times FD rate. Hope there will be more surprises from Hap Seng.

Posted by HJey > 2013-12-05 16:23 | Report Abuse

The payment is 2-3 months from now. The ex-date is longer.

Posted by freonsf > 2013-12-10 16:17 | Report Abuse

company share buy back everyday?? what they thinking?

Posted by HJey > 2013-12-10 17:54 | Report Abuse

Freonsf, throw money into ocean to feed shark. Haha

Posted by freonsf > 2013-12-11 07:50 | Report Abuse

Hi Hjey,what is it means? the boss too rich enough? so just donate to big shark??

Posted by HJey > 2013-12-11 11:40 | Report Abuse

Freonsf, it's a joke. There is no shark, buaya or lion here.

Posted by freonsf > 2013-12-11 14:12 | Report Abuse

hehe, hapseng newbie here, hjey must be very confident to Hapseng.

Posted by weechin53 > 2013-12-11 21:29 | Report Abuse

HJey dont worry,"HAP SENG" will make you sleep well,eat well!OK?

Posted by haikeyila > 2013-12-12 10:41 | Report Abuse

why you should be happy with buy-backs :
http://www.fool.sg/2013/12/11/one-thing-the-blue-chips-can-do-better-for-investors/

Posted by freonsf > 2013-12-12 12:12 | Report Abuse

wondering who is keep selling...

Posted by freonsf > 2013-12-12 12:12 | Report Abuse

==

Posted by freonsf > 2013-12-12 13:42 | Report Abuse

ya,hopefully. what is your average price? Up_Up_Up

Posted by HJey > 2013-12-12 23:57 | Report Abuse

Freonsf, confident?? More towards ignorance.

Weechin, ok.

Haikeyila, my boss alex chan said it's force buyback.

Posted by James Chong > 2013-12-14 22:52 | Report Abuse

I bought price rm 1.55hold abt 2 year until now, still 1 2 buy

Posted by HJey > 2013-12-16 20:40 | Report Abuse

James, good for you. You can buy with your dividend. Free money mah.

Posted by haikeyila > 2013-12-17 10:16 | Report Abuse

oh my hapseng! looks so determined to reach 3 by year-end.

Posted by HJey > 2013-12-17 16:58 | Report Abuse

Good job, hapseng

Posted by kllee > 2013-12-17 21:24 | Report Abuse

keep going up hapseng .