Posted by Jake > 2012-05-25 12:09 | Report Abuse

Foong, its Sabahan family not Sarawak.

Posted by jacklew > 2012-05-25 12:14 | Report Abuse

that's why i said probably.....but never say never :-)

Posted by kl foong > 2012-05-25 12:37 | Report Abuse

Jake, thanks for the correction.

Posted by yfchong > 2012-05-26 13:45 | Report Abuse

Yep, unless mr, pro is coming however it should note a good entry price for amatuer like us, else tsunami will overthrow ..... I am waiting for 1.55 but it has not reached that point still waiting, dividend better than fd, now ave 3percent....

Posted by theews82 > 2012-05-26 14:01 | Report Abuse

Easy, who friend with RC here? Ask him to buy 5% in Hap Seng, and im sure the price will move to Rm2.50 in half day of trading. Believe or not? lets bet...

Posted by Jake > 2012-05-27 00:58 | Report Abuse

This counter very slow but steady...family controlled, sure want to protect the share price..Safe and good dividends.

Posted by Jake > 2012-05-29 09:48 | Report Abuse

Send the 40 thieves, Ali Baba...juz joke only ok!

Posted by phyroxus > 2012-06-01 11:54 | Report Abuse

why hap seng plantation price being put in hap seng consolidate, this is confusing...

Posted by jinv9 > 2012-06-08 00:12 | Report Abuse

The company is continuing with its buy-back. Its mandate was renewed at the AGM. It has been buying 300k a day over the last 5 days, all at the closing price of the day.

Today's price movement is quite convincing. It opened at RM1.65 and closed at the high of 1.69, breaking the resistance of 1.65.

Its uptrend will not be impeded if it can continue to go up and break the 1-year high of 1.72.

As mentioned in my earlier posting, another small position is in the offering, knowing the continued support of the share price by the buy-back.

Perhaps, buy at 1.70 and above for tomorrow.

Posted by jinv9 > 2012-06-14 15:06 | Report Abuse

trading at 1.71 now with strong buying after lunch.

Posted by jacklew > 2012-06-14 15:53 | Report Abuse

looks like something good is going on....bonus issue??

Posted by messiBarca > 2012-06-14 16:32 | Report Abuse

jacklew, maybe dividen announcement is around

Posted by Ali Baba > 2012-06-15 13:43 | Report Abuse

1.74

Posted by jacklew > 2012-06-15 15:48 | Report Abuse

it is moving well in the last few days...

Posted by jacklew > 2012-06-15 16:03 | Report Abuse

1.80 now

Posted by jinv9 > 2012-06-15 16:05 | Report Abuse

Look at it fly...vol now at 7m!

Posted by messiBarca > 2012-06-15 16:14 | Report Abuse

not much flying

Posted by jacklew > 2012-06-15 16:21 | Report Abuse

theews82: I sold mine at 1.80 with a good profit....

Posted by Ali Baba > 2012-06-15 17:01 | Report Abuse

I still keep
wooohooooo

Posted by Ali Baba > 2012-06-15 17:01 | Report Abuse

top 5 volumn today

Posted by Ali Baba > 2012-06-15 17:01 | Report Abuse

something big to announce

Posted by theews82 > 2012-06-15 17:02 | Report Abuse

lol, look carefully, today most of the blue chip up more than 10 cents.... whats so surprising if you could sell it at rm1.80?i still wondering why, guess could be greece side got good news... Check overall counters bro....

Posted by Kl Vin > 2012-06-15 17:05 | Report Abuse

NO CHANCE TO COLLECT BACK !!

Posted by messiBarca > 2012-06-15 17:38 | Report Abuse

buyer 1.75..jump high in 1.83

Posted by Chew Kew Yang > 2012-06-15 18:27 | Report Abuse

Today closed at 1.83.. Look at the chart, breakout 1 year formed ascending triangle pattern with very huge vol. Imagine if Greek election outcome is good. I think the surge probably due to cooperation activities.

Posted by jinv9 > 2012-06-15 18:49 | Report Abuse

Hap Seng closed at 1.83 +12s (7%) on a vol of 22.87m. Compared with a daily vol of half of a million to one million, the vol increase to say the least, is quite exceptional.

What really is interesting is in the last 10 mins of trading. At 4:50pm the queue was 7.2m to buy and 6.5m to sell. Having tracked Hap Seng closely for the past few mths, I have never seen buying at such a scale, let alone in the last 10 mins, and at a price level not seen in the last 14 mths.

The trade went thru for the 6.5m shares at 1.83, 9 bids higher from 1.74, the price of the last trade before 4.45pm - i repeat 9 bids (ie 9 sen) higher!!! This is serious buying. (I wonder if this is a passing trade between 2 parties, like what happened with Media on 7th and 8th June 2012, where over 20m shares on each day were transacted).

Trading continued with 773,800 shares given to the buyers, and an additional buying of 1,228,000 shares, giving a total of 2mil, all in the last 10 mins, at 1.83 the closing price.

I agree that the optimism in Europe and in particular UK (GBP140bn bank stimulus announced earlier today) may lend a hand to the price increase, but it can't fully explain the 7% price increase and more importantly, the increase in vol to almost 23m shares from a million or so.

Maybe we shall know next week. In the meatime, good luck to Greece and their voting on Sunday.

BTW, the company has bought another 300,000 shares today, at 1.83, in the last 10mins.

Posted by tcr5585 > 2012-06-15 18:52 | Report Abuse

not only hapseng, most of stock like TDM also jump high in last few min. seem most of stock high.

Posted by theews82 > 2012-06-15 18:53 | Report Abuse

check properly, its Share buy back by hap seng at the last minute. Hold it at 1.83...

Posted by theews82 > 2012-06-15 19:00 | Report Abuse

I wonder is it the system error of Bursa? Its weird today... hap seng never had that much volumn before... and lot lot counters... Its unusual...

Posted by jacklew > 2012-06-16 23:46 | Report Abuse

it would probably follow YTL's pace...up from 1.5 to 1.75 and then 1.8, 1.9 2++....

Posted by hongtk2000 > 2012-06-17 23:23 | Report Abuse

some intraday adjustment may happens... , anyway RM 2.20 is possible !

Posted by jinv9 > 2012-06-18 08:52 | Report Abuse

As I mentioned, the vol increase for Hap Seng was exceptional.

Other counters that gap-up between stopping at 4.45 and re-opening at 4.50pm include Genting from 9.59 to 9.68,TDM from 4.31 to 4.55. Even Coastal went up from 1.92 to 2.00 with a volume of 2.8m (!) but nothing can beat Carlsberg (from 11.60 to 12.98) with 1.38 increase on 1.38m shares in the final 10 mins.

Now that Greece has decided to remain in the Euro, let us watch as the market trend upwards today from 1579.

Posted by theews82 > 2012-06-18 14:43 | Report Abuse

rm2.20 soon ,ouch sad for dint buy it...lol

Posted by Jake > 2012-06-18 17:02 | Report Abuse

Ada stim lagi tak?

Posted by andyteng > 2012-06-18 17:02 | Report Abuse

y drop

Posted by chongkonghui > 2012-06-18 17:11 | Report Abuse

drop means opportunity for buyer.

Posted by Chew Kew Yang > 2012-06-18 17:13 | Report Abuse

I think it is due to unexpected rally last friday, thats why cause a selling today. Tomorrow might back to business.

Posted by jacklew > 2012-06-18 17:23 | Report Abuse

when price at 1.63, 50 million shares transacted at 1.73 off market, price eventually up to 1.7++ then. Last week, when price at 1.71, huge lot transacted at 1.83 in last few minutes.....what's next?? Anyway, i have cleared my stok in last week.

Posted by chongkonghui > 2012-06-18 17:23 | Report Abuse

RM1.83 IS 52w HIGH.

Posted by hongtk2000 > 2012-06-18 19:41 | Report Abuse

I think this crossing shouldn't finish yet , this 1 - 2 days may come again !

Posted by Ali Baba > 2012-06-19 08:50 | Report Abuse

but then what's the news ?

Posted by jinv9 > 2012-06-25 15:40 | Report Abuse

It's interesting to note that a few minutes ago, there was over 10,000 lots (1 million shares!!!) to sell at 1.78 against about 3,000 lots to buy. I wonder if this is a deliberate attempt to drive down the price in view of the call warrant CB expiring in 4 days time (similar to what happened with DRB not so long ago)?

Posted by jinv9 > 2012-06-29 11:38 | Report Abuse

Hap Seng is moving today (Fri), now at 1.78 +5 at 73% buy rate on 1.4m shares.
Also, 1.2m shares were bought in the last session yesterday before it closed at 1.73.
Since Thur 21 Jun, the buy-back by the Co has been 500,000 (increased from 300,000) everyday, except Wed 27 Jun when 1m at 1.74 was purchased.
Is something brewing?

Posted by hongtk2000 > 2012-06-29 14:54 | Report Abuse

start moving..... may be this few days will having some shows....perhaps !

Posted by jinv9 > 2012-06-29 15:22 | Report Abuse

Now 1.80 +7 still at 73% buy rate on 3.97m shares, an increase of 2.5m shares compared with my earlier posting.

Posted by messiBarca > 2012-06-29 15:50 | Report Abuse

hapseng = YTL please take into it.

Posted by diablo88 > 2012-07-11 10:07 | Report Abuse

who miss the boat? still not too late.

Posted by hongtk2000 > 2012-07-12 13:33 | Report Abuse

create new high ... 1.84

Posted by diablo88 > 2012-07-18 16:24 | Report Abuse

unusual volume movement..something is brewing

Posted by diablo88 > 2012-07-19 09:37 | Report Abuse

buy now you never regret