It should. There is nothing wrong with the company or the economy as a whole. Hapseng is one of the very few companies that has increased its quarterly profits every quarter for 11 quarters in a row. That is really an incredible record.
Sudden drop last minute , as for warrant only drop by 4 cents, is this an opportunity to sell warrant to buy mother in order to entitle for the 8cent div ..
Actually hapseng has good fundamental, just feel weird why it is not in syariah list, even before this. Too many cash in hand also considered not in syariah list? Think cannot be, correct me if i am wrong.
The share buy back is more than 10percent, think something big is coming. Dividend given is higher too compared to last year.
Hapseng consolidated has a subsidiary that lends money so it will never be Syariah compliant. I think not syariah compliant is irrelevant as the company has a plenty cash and is willing to use it to promote its share price to the "right level".
if you don't trust me u can buy UMW O&G and later watch hap seng go up RM 4.00 then cry a box of tissue, i will then laugh at you until you dig a hole to hide your face
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Yeap Chin Poh
91 posts
Posted by Yeap Chin Poh > 2014-05-31 18:43 | Report Abuse
Probably sooner.