Posted by iafx > 2014-03-12 17:41 | Report Abuse

aiyooo... invest in plantation ctr don't know what is PK? palm kernel. today 400K sbb.

Posted by HJey > 2014-03-12 17:51 | Report Abuse

I have 3 stocks involved in plantation & I worked for one of them before.

Can't force myself to love plantation. Haha

Posted by sandcool > 2014-03-13 01:11 | Report Abuse

You work for hap seng before?
still can enter for hap seng bo

Posted by samcghee > 2014-03-13 08:24 | Report Abuse

hapseng is really a very very good company. That is why i hold this company share as well as its warrants. Looks for long term investment.

Posted by HJey > 2014-03-13 11:15 | Report Abuse

Sandcool, I worked at Lam Soon not Hap Seng. I don't know you & tolerance to risk. Whatever I said is from my own views. Ok bo. Haha

Posted by upsidedown119 > 2014-03-13 11:15 | Report Abuse

No company is consistently good. In Hapseng's case, track carefully what the management is doing. Its massive share buyback and cancellation is already questionable i.e. to me - warrant holders directly benefited. Minority shareholders only indirectly benefited. Business expansion relegated to second priority after benefits to major warrant holders. Now WHO are the major warrant holders?!

Posted by HJey > 2014-03-13 11:32 | Report Abuse

Upsidedown119, I had gave you the answer before. Gek Poh & Lei Shin Hong.

Make it simple. Buyback benefited mother & warrant holders. The mother price remains steady. Hap Seng business model is expansion through value chain integration instead of diversification into new business. No time to explain one by one. You google search

Posted by iafx > 2014-03-13 11:36 | Report Abuse

hjey, impressive, u really know hapseng :D

Posted by upsidedown119 > 2014-03-13 13:52 | Report Abuse

@HJey. Tks. 'Value chain integration' sounds exotic to me. I thought they are already integrated. E.g. Fertiliser to OP plantations. Growing business not necessarily diversification. They can buy more land to plant OP (e.g. TSH) or expand their feriliser division by buying phosphate mines overseas. All these need capital, lots of it. If they just expand their OP hectarage, they will certainly grow their business via 'value-chain integration'!

Posted by iafx > 2014-03-13 14:58 | Report Abuse

looking to break $3.03 now. m'sia biodiesel is picking up its pace: http://www.theedgemalaysia.com/business-news/280043-fgvb-starts-biodiesel-supply-to-east-coast-steps-up-overseas-drive.html

Posted by jtoh1985 > 2014-03-14 08:49 | Report Abuse

wow..gain alot of information&knowledge of hapseng from HJey and upsidedown119... thanks...
i still get in hapseng warrant in price rm1.27...

Posted by samcghee > 2014-03-14 11:06 | Report Abuse

jtoh, u really very confident with hapseng, that is very good.

Posted by jtoh1985 > 2014-03-14 11:26 | Report Abuse

yea....it good management give me the confident..(high dividend and stable business)

Posted by samcghee > 2014-03-14 14:00 | Report Abuse

FYI, I have bought hapseng in Dec,2011, my profit gain until now is around 156% and bought hapseng warrant,in April 2013, my profit gain is around 258%. How terrible the capital gain but all this this paper gain only.

Posted by jtoh1985 > 2014-03-14 14:26 | Report Abuse

Great~...happy and envy you with your warrant entry price...(RM0.3X)
You are good for holding so long... Now is half of harvest.... Looking forward for full harvest...haha

Posted by denden > 2014-03-14 19:07 | Report Abuse

Pl be careful. Funny transactions with main shareholders are creating funny profit figure. Unreasonably high share buy back volume is creating a funny market. Look at the business they have bought. Either it has been sold back to major shareholder for big profit hence increasing its profit or there are losing money . Look at quarry and trading. A good management should use the money from share buy back to get good business and create growth for future. They have not added any significant plantation over the last ten years. Pl look at their age.

Posted by samcghee > 2014-03-17 09:05 | Report Abuse

denden, thanks for your advise. I agreed with you. I believed most of us are not sure what is the reason behind why his company keep on buying back the share. They should use it for expansion purpose.

Posted by samcghee > 2014-03-17 09:07 | Report Abuse

At this moment, I still satisfied with the financial results of this company.

Posted by jtoh1985 > 2014-03-17 15:59 | Report Abuse

Denden~ Good management should use the extra money to get good business....i agree with you.
But good management also need to maintain their share price instead of get good business. This can give confident to investors for investing their share.
Every good share got 庄家， so i just follow their move on hapseng~ :p

Posted by HJey > 2014-03-18 22:50 | Report Abuse

A new Bullbear is here. Funny profit, funny transaction. Haha

Posted by iafx > 2014-03-19 22:06 | Report Abuse

cpo price up again till may is over $2800, over 3m sbb by hsc today :D

http://www.theedgemalaysia.com/business-news/280884-nation-wide-implementation-of-b5-biodiesel-on-july-1.html

Posted by goldminer > 2014-03-20 11:38 | Report Abuse

Floating premium price, price correction in due

Whenever company planning for dividend payout = share buyback activities around
Whenever company planning for fund raising after/before dividend payout = new additional listing

Result: Company gives free money from the public to the public, underlying share value no change, saving and profit gains from trade activities

Share prices = Free marketing cost to Business presentation

Posted by HJey > 2014-03-20 17:18 | Report Abuse

The buyback will continue as usual.

Iafx, plantation should contribute higher earnings vs previous year based on higher CPO & PK price. I don't know about plantation business

Btw, property was main contributor last year. Menara Hap Seng 2 going to provide additional earnings from 2015 onwards

Total net profit from Property & Plantation more than 60% of total HSC. I can't recall actual % because I had throw away the annual report

The coming quarterly report on May14 will address my concern on operating expenses

Posted by iafx > 2014-03-20 17:22 | Report Abuse

check this out: http://www.theedgemalaysia.com/business-news/281350-el-nino-probable-by-july-for-mda-as-temperatures-warm-in-pacific.html

Posted by HJey > 2014-03-20 17:30 | Report Abuse

Before I forget, Hap Seng Oil & Transport was setup in 2013. You all can check its business & role in value chain

Posted by iafx > 2014-03-21 16:11 | Report Abuse

knowing the co. is desperately buy-back, these sellers still q at the same price level everyday... hahahhaaaa... the mgmt. must be very happy collecting cheap.

f.y.i: http://www.theedgemalaysia.com/business-news/281537-mistry-palm-prices-to-rise-faster-hit-3000-rgt-in-april-if-el-nino-returns.html

Posted by jtoh1985 > 2014-03-21 18:42 | Report Abuse

iafx..I am wondering who is those sellers..so high volume everyday..I think it is not so simple...haha..btw,I m very happy with these share buy back. dono when can break resistance 3.05

Posted by kllee > 2014-03-24 23:24 | Report Abuse

Hopefully will break RM3.05 soon

Posted by HJey > 2014-03-26 10:58 | Report Abuse

If the price stay within this level in 2014, would you still holding it. I will hold it

Posted by AK $$ > 2014-03-26 11:51 | Report Abuse

I wonder why no dividend announcement yet. Last 2 years first pay out is in Feb.

Posted by kfng8168 > 2014-03-29 02:10 | Report Abuse

The price of the share buy back has been steadily decreasing.... a not so good QR coming out on monday ?

Posted by samcghee > 2014-03-31 09:00 | Report Abuse

Wait and be patient.

Posted by hermen1123 > 2014-03-31 11:11 | Report Abuse

Please share if any internal news.

Posted by jtoh1985 > 2014-03-31 17:42 | Report Abuse

lolz...strong share buy back give me the confident to hold this counter....

Posted by HJey > 2014-03-31 22:31 | Report Abuse

Yam Seng. Internal news leaked out is no longer internal news. Haha

Posted by Collin Soo > 2014-04-01 21:57 | Report Abuse

Price stil at consolidation stage

Posted by HJey > 2014-04-02 17:36 | Report Abuse

The name itself has "consolidated". Wait for dividend next after quarterly report

Posted by Collin Soo > 2014-04-02 23:32 | Report Abuse

Haha...

Posted by iafx > 2014-04-03 11:59 | Report Abuse

tsh broke $3.3, hapseng still at $3... sigh.

Posted by HJey > 2014-04-03 16:49 | Report Abuse

Chik hung chik hung lai. Quarterly report & dividend first

Posted by iafx > 2014-04-04 16:19 | Report Abuse

breakout, new year high!

Posted by sandcool > 2014-04-04 16:23 | Report Abuse

yes yes yes...!!!!

Posted by samcghee > 2014-04-04 16:25 | Report Abuse

flying liau

Posted by dalpinia > 2014-04-04 16:35 | Report Abuse

warrant shall shot up to RM3 by year end

Posted by kfng8168 > 2014-04-04 17:49 | Report Abuse

Today's sbb only 3.03.... Wonder who pushing the price up?

Posted by Ng MC Angie > 2014-04-04 18:49 | Report Abuse

Wow

Posted by Collin Soo > 2014-04-04 19:39 | Report Abuse

Monday announce dividend?

Posted by sandcool > 2014-04-05 07:43 | Report Abuse

Bcoz of dividend thats why push high the price?
Or better result?kekekke

Posted by yick78 > 2014-04-05 09:20 | Report Abuse

Ha,ha kaya raya

Posted by 4u2c > 2014-04-06 21:40 | Report Abuse

warrant hit RM 3.00 by year end ? I dont think so......i hv made 200 pct from its warrants already.Im thinking of selling it on Mon, if its break its new high.... Buy back a bit if it dips....By June, i plan to sell out all my stks....starting to invest in GOLD. Many experts predict 2nd half of the year will be bad.....Just my plan. but really sayang to sell this counter and Inari .Probably, i just keep PBA as water, everyone needs it......Got divident again ??