Posted by chongkonghui > 2012-09-12 15:53 | Report Abuse

My average cost 1.7258... prepared to hold long term for price appreciation while collecting better than FD interest.

Posted by 1M168 > 2012-09-12 16:02 | Report Abuse

Good Point, Good counters must have profit + profit sharing (dividend > FD rate). Between latest CPO price

RM2912 ▼7 ▼-0.24% US $946
September 12 2012 3:30:53 PM

Based on monthly production and CPO price you may predict the profit. The implementation of min wages by Jan 2013 is another wave to affect the profit margin of Plantation players...

Posted by josh > 2012-09-14 11:25 | Report Abuse

US QE3 released good news + Europe good news + Msia ETP news today = great bullish market soon ;)

Posted by jesper_kwang > 2012-09-14 16:14 | Report Abuse

high expectation, highly disappointed!

Posted by josh > 2012-09-19 10:13 | Report Abuse

If investors cannot take risk, better for them to put money in FD, unit trust. Then the bank, unit trust fund manager will use their money to buy share haha. People get 6% per month, they get 3% per year, haha..

Posted by Melvin Gan > 2012-09-19 10:19 | Report Abuse

True story

Posted by chongkonghui > 2012-09-26 17:54 | Report Abuse

To wait for plantation stock down further, still too high at current condition, low CPO price, high stockpiles, high duty.

Posted by josh > 2012-10-04 10:20 | Report Abuse

Time for plantation related stock to rebound from bottom now. Currently, KLK and IOICORP are rising up now !!

Posted by chinwei86 > 2012-10-30 07:59 | Report Abuse

but HapSeng still floating around 1.62-1.65 :(

Posted by kssow > 2012-10-30 15:38 | Report Abuse

you will probably see it move after the call-warrant expired... I think

Posted by chinwei86 > 2012-11-01 09:42 | Report Abuse

no choice lo, need to wait & see...

Posted by josh > 2012-11-04 13:08 | Report Abuse

I also have positive view in this stock.

Posted by kssow > 2012-11-06 12:09 | Report Abuse

look...the IB are pressing down the price obviously.. at the resistance 1.65 level. Look the queue you will know what I mean

Posted by chinwei86 > 2012-11-06 12:28 | Report Abuse

when will be the call warrant expired? I had bought this counter for quite sometime & i bought it at price 1.71...
sien, the price being press down...

Posted by kssow > 2012-11-07 17:02 | Report Abuse

I hope this time it will break thru 1.65, if the coming result is stable I think 1st resistence will be 1.8++ and next should be 2.00

Posted by josh > 2012-11-08 09:35 | Report Abuse

something big is coming... ;)

Posted by josh > 2012-11-08 17:23 | Report Abuse

1.68 ;)

Posted by hornbill > 2012-11-08 17:34 | Report Abuse

tomorrow looking forward to pass resistant 1.7 :)

Posted by joncsk > 2012-11-08 17:43 | Report Abuse

waiting for a bit long until now..... too stable and nothing happens one??? hoping....

Posted by DaveSingh > 2012-11-08 17:50 | Report Abuse

this is good counter... stable is king in a downturn... appreciate it.. good dividend and good assets...BUY BUY BUY

Posted by kssow > 2012-11-16 17:52 | Report Abuse

Something unusual here ... warrants is moving
but share price pressed down purposely ... I think coming result with some surprises ...

Posted by josh > 2012-11-16 18:22 | Report Abuse

Agree, must be a positive quarter report, hapseng got one warrant expired this december, two warrant expired next january, warrant mostly owned by big shareholder, they will push the mother stock price up!

Posted by kssow > 2012-11-21 22:40 | Report Abuse

Just wondering if IB wants to keep the price @1.65 until the call warrant expire next. I think the company also start buying hapseng-wa... last 10 minutes buying
just like the share buy back.

Posted by jinv9 > 2012-11-26 16:50 | Report Abuse

It looks like Hap Seng's continuous share buy back is not giving the positive effect on the share price it wanted. The market can see that previuosly it was buying 500,000 shares in the last session (ie in the last 10 minutes) on a daily basis. Now it has changed to buying around 700k to 800k shares after 4pm.

If HS could change its strategy and intervene throughout the day and also not restrict itself to the 700k to 800k a day, the buy-back could have abetter chance of achieving the desired effect. A good example of a properly executed buy back is YTL Corp just a few days ago for the second time.

The current price of RM1.63 is not too far off from RM1.59 at the beginning of this year and in this period it has bought back 51.5m shares so far. Not much to shout about really.

To attract attention, the share price must close with higher highs and higher lows over a few days in order to achieve a 'clean' uptrend, preferably with volume. This together with some good news like a good divi (eg shares instead of cancelling them) would be nice. Now you know what I would like for Xmas.

Posted by kssow > 2012-11-30 10:25 | Report Abuse

Good quarter result eventhough CPO price is much lower compare to the peak

Posted by Share_the_Goods > 2012-11-30 12:53 | Report Abuse

Share buy-back when co thinks share is undervalued... Meaning they expect share price to be higher? Meaning more good news down the line?

Posted by josh > 2012-11-30 17:38 | Report Abuse

share the goods : Definitely yes, waiting their plantation arm and fertilizer trading arm recover to strong earning when CPO price rise up. Most probably when the demand of China increase during Chinese New year.

Posted by josh > 2012-12-28 09:51 | Report Abuse

hit 1.71 from 1.67 as expectation, something great is coming soon... ;)

Posted by josh > 2012-12-28 12:39 | Report Abuse

queue 1.71 buy, 1.72 sell now ;)

Posted by josh > 2012-12-28 15:40 | Report Abuse

queue 1.72 buy, 1.73 sell now ^^

Posted by josh > 2012-12-28 16:38 | Report Abuse

queue 1.73 buy, 1.74 sell now with little stock ^^

Posted by joncsk > 2012-12-30 11:12 | Report Abuse

steady..steady. this counter moving already. any news??

Posted by forgetfulworm > 2013-01-03 12:03 | Report Abuse

Hav they stopped share buy back ad?? they are starting their re-organization plan ad.

Posted by josh > 2013-01-08 12:43 | Report Abuse

from the bursa announcement, they have stopped the share buyback. Therefore, no price ceiling by them ady, HAPSENG price will freely move up soon from their buyback price ;)

Posted by josh > 2013-01-12 23:35 | Report Abuse

KUALA LUMPUR (Jan 11): Hap Seng Land Sdn Bhd, a wholly-owned subsidiary of public-listed Hap Seng Consolidated Bhd, has unveiled its new project, The Horizon Residences Kuala Lumpur, which has a gross development value (GDV) of RM355 million.

"To be fully completed by July 2015, The Horizon Residences is a 335-unit luxury residential development comprising two 26-storey towers," said Datuk Edward Lee Ming Foo, group managing director of Hap Seng Consolidated Bhd.

The Horizon Residences Kuala Lumpur is a stone's throw from the upcoming Tun Razak Exchange, a multi-billion ringgit world-class international financial district, while a planned mass rapid transit station is only 500m away.

Lee said the location of the project allow investors to take advantage of significant potential value appreciation resulting from the infrastructure developments and investments taking place within its vicinity.

He said 40% of the residential units had been sold even before the launch, with 30% taken up by locals and 10% by foreigners. "The foreigners are mainly from Asian countries such as China, Taiwan, South Korea and Singapore. Hap Seng is seeking the best contractor for the project, so that the residences built will be of high quality," Lee told reporters after unveiling teh project.

Lee said that those with discerning tastes and lifestyle, and looking for homes equipped with the very best in contemporary urban living will enjoy the facilities and amenities at the Horizon Residences.

Designed to attain the Green Building Index certification once completed, the development offers eight types of layout, ranging from 549 sq ft to 4,316 sq ft, while prices start from RM700,285. The show gallery for the project is on the ground floor of Menara Hap Seng in Jalan P Ramlee.

Posted by phyroxus > 2013-01-18 16:31 | Report Abuse

hapseng, are you ready?

Posted by samcghee > 2013-01-22 09:56 | Report Abuse

Ready to drop from yesterday.

Posted by josh > 2013-01-30 11:02 | Report Abuse

Why PBB, KLK, IOICORP, FGV today keep heavy fall after today rise up? Positive news of Indonesia increase CPO export tax from 7.5% to 9% not helpful for Malaysia CPO market? any sifu or expert pls advise?

Posted by jacklew > 2013-01-30 14:51 | Report Abuse

sold at RM 1.80 in june last year, looking forward to enter again if it drops below 1.60....

Posted by joncsk > 2013-02-05 11:03 | Report Abuse

still dropping.....

Posted by joncsk > 2013-02-05 11:04 | Report Abuse

they should be announcing dividend soon???

Posted by phyroxus > 2013-02-05 16:36 | Report Abuse

announce dividend should up not down... the result may be disapponting

Posted by juggernault > 2013-02-05 16:44 | Report Abuse

Nope. This stock should dropped to 1.50 edi if no share buy back to maintain its price. Since the market is dropping now. So its considered normal :)

Posted by skl_81 > 2013-02-20 16:33 | Report Abuse

should be announce dividend soon??

Posted by josh > 2013-02-20 17:37 | Report Abuse

yup, according to historical record, will announce dividend soon ;)

Posted by skl_81 > 2013-02-20 23:52 | Report Abuse

thanks josh :)

Posted by chongkonghui > 2013-02-20 23:57 | Report Abuse

when many scare and out of market, it is good time to buy. One can never have best price (buy or sell) but best time. Is RM1.67 in the "range" of best time?

Posted by phyroxus > 2013-02-21 21:24 | Report Abuse

the report suppose to out today, why cant seen it...
btw, it is slowly up with volume. Enjoy.

Posted by phyroxus > 2013-02-22 12:42 | Report Abuse

report not yet announce oledi drop back. something change again?

Posted by kssow > 2013-02-22 16:38 | Report Abuse

NO... there is one call warant last trading date today... now you know what is so called "manipulation" ?