HAP SENG CONSOLIDATED BHD

KLSE (MYR): HAPSENG (3034)

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Last Price

4.53

Today's Change

-0.04 (0.88%)

Day's Change

4.52 - 4.57

Trading Volume

187,600


18 people like this.

4,170 comment(s). Last comment by Michael Kwok 3 days ago

i3i2i1

4,731 posts

Posted by i3i2i1 > 2015-05-08 10:38 | Report Abuse

im still waiting :)

YOLOOOO

1,676 posts

Posted by YOLOOOO > 2015-05-08 12:26 | Report Abuse

IOI Corp and Hap Seng could fall off syariah list, says BIMB Securities
http://www.thesundaily.my/news/1410756

YOLOOOO

1,676 posts

Posted by YOLOOOO > 2015-05-08 12:27 | Report Abuse

the reason why this 2 days so much selling?

kktom

394 posts

Posted by kktom > 2015-05-08 13:40 | Report Abuse

as I see it was the fund manager exist fr klse n move to hong kong market.

kktom

394 posts

Posted by kktom > 2015-05-08 13:46 | Report Abuse

yoloooo.whats the impact to the counter if it fall off fr syariah list? anyone can share?

YOLOOOO

1,676 posts

Posted by YOLOOOO > 2015-05-08 14:12 | Report Abuse

islamic fund cannot buy non-shariah counter

i3i2i1

4,731 posts

Posted by i3i2i1 > 2015-05-08 15:01 | Report Abuse

good counter, wait for consolidation first..

YOLOOOO

1,676 posts

Posted by YOLOOOO > 2015-05-08 16:39 | Report Abuse

haha ur tp going to reach

pathfinder

374 posts

Posted by pathfinder > 2015-05-08 17:42 | Report Abuse

I looked up the latest quarterly report and indeed, Hapseng is a borderline 33.6% borrowing /total asset (so whats the big deal?). HSCB also has RM500 million in cash so I do not think liquidity is a issue.

I also tried to find the biggest 30 shareholders but could not find it in the latest annual report 31/12/2014. Do any of you folks know a source? I know the owner owns close to 75%.

I see this as a "flash in the pan" situation. As usual the market has over reacted and someone is looking to fleece unsuspecting shareholders off their HSCB shares. The fundamentals are still there and I would buy some more when the situation turns around.

Teong77

26 posts

Posted by Teong77 > 2015-05-08 17:54 | Report Abuse

No worry..tis nothing for hapseng:)

pathfinder

374 posts

Posted by pathfinder > 2015-05-08 18:11 | Report Abuse

Its probably a no big deal. Its just BIMB Securities coming out with a report saying that HSCB could be taken off the Syariah compliant list. Its NOT a fact. Its not even speculation. Tabung Haji has not said anything about this. I remember discussing about this before last year and it just went away. In fact I always assumed that HSCB cannot and has never being Syariah compliant because it has a credit giving subsidiary. Anyway 33.6% is a rough calculation and as HSCB is a profitable company, given time the number will reduced to compliant...so where is the problem?? Stay rational.

YOLOOOO

1,676 posts

Posted by YOLOOOO > 2015-05-08 18:16 | Report Abuse

yea, pathfinder you are right, it did happen last year

YOLOOOO

1,676 posts

Posted by YOLOOOO > 2015-05-08 18:16 | Report Abuse

not a big issue though

pathfinder

374 posts

Posted by pathfinder > 2015-05-08 18:30 | Report Abuse

LY the same number was 37.7% borrowing /total asset so 33.6% is already a huge improvement. I would not take BIMB's report seriously but that's just my point of view.

timss

565 posts

Posted by timss > 2015-05-08 21:16 | Report Abuse

Slightly too late to realise my WA profit earlier else, this could translate into a good opportunity to buy in at lower price. The moral of story: Dont be too greedy !!!

kktom

394 posts

Posted by kktom > 2015-05-11 16:12 | Report Abuse

when this counter fall off the list,does this mean that the Islamic fund has to dispose their shares in this counter.If this is me I wont sell off ! anyone one can share their views?

samcghee

670 posts

Posted by samcghee > 2015-05-11 16:19 | Report Abuse

hapseng share is like that drop before announce result and dividen. keep it for long term.

timss

565 posts

Posted by timss > 2015-05-11 16:26 | Report Abuse

dying... always roller coaster...... shaking your holding faith in this counter.... like keep downward trend now...

timss

565 posts

Posted by timss > 2015-05-11 16:27 | Report Abuse

but no large volume..... could be just share price manipulating ... keep or dispose at your own risk....sigh...

timss

565 posts

Posted by timss > 2015-05-11 16:55 | Report Abuse

oversold already....

phyroxus

681 posts

Posted by phyroxus > 2015-05-12 02:29 | Report Abuse

Why suddenly hapseng drop that low, any loss in report?

Rockford

319 posts

Posted by Rockford > 2015-05-12 10:18 | Report Abuse

Looking desirable again. Awaiting ....

Stock: [HAPSENG]: HAP SENG CONSOLIDATED BHD
Mar 27, 2015 03:32 PM | Report Abuse

Close to oversold again. Better decision if it sticks long enough below 30 to know if can move again. My guess is if fall to 4.18 (if happen) or lower may be desirable to buy again

YOLOOOO

1,676 posts

Posted by YOLOOOO > 2015-05-12 16:41 | Report Abuse

the come back is real!

pathfinder

374 posts

Posted by pathfinder > 2015-05-12 18:07 | Report Abuse

Looks like a turnaround.

1155023541

254 posts

Posted by 1155023541 > 2015-05-12 23:47 | Report Abuse

看來會跌到3.8每個月一次

i3i2i1

4,731 posts

Posted by i3i2i1 > 2015-05-13 11:13 | Report Abuse

i still wait

i3i2i1

4,731 posts

Posted by i3i2i1 > 2015-05-18 17:00 | Report Abuse

wow! pushed back

Mel2learn

146 posts

Posted by Mel2learn > 2015-05-18 17:08 | Report Abuse

i think earnings results coming out soon.......

YOLOOOO

1,676 posts

Posted by YOLOOOO > 2015-05-18 18:08 | Report Abuse

why hapseng ck is nt rising with the mother share?

pathfinder

374 posts

Posted by pathfinder > 2015-05-18 18:29 | Report Abuse

Turnaround confirmed : )

Mel2learn

146 posts

Posted by Mel2learn > 2015-05-19 10:14 | Report Abuse

oh nooo

Mel2learn

146 posts

Posted by Mel2learn > 2015-05-21 09:46 | Report Abuse

Exercise of warrants. see if it interest anyone

Mel2learn

146 posts

Posted by Mel2learn > 2015-05-21 16:08 | Report Abuse

Lol Looks like its gone. like heart attack.

timss

565 posts

Posted by timss > 2015-05-21 16:15 | Report Abuse

good dividend coming though.... pray hard...

YOLOOOO

1,676 posts

Posted by YOLOOOO > 2015-05-21 16:15 | Report Abuse

steady

YOLOOOO

1,676 posts

Posted by YOLOOOO > 2015-05-21 16:45 | Report Abuse

hahahahha, hapseng besst

yfyfyf

4 posts

Posted by yfyfyf > 2015-05-26 00:43 | Report Abuse

guys, please vote against for the ordinary resolution 8 &10

kktom

394 posts

Posted by kktom > 2015-05-26 16:08 | Report Abuse

please explain

YOLOOOO

1,676 posts

Posted by YOLOOOO > 2015-05-26 17:10 | Report Abuse

why

YOLOOOO

1,676 posts

Posted by YOLOOOO > 2015-05-29 18:17 | Report Abuse

shariah shares list out today, hapseng is still in the list

haikeyila

1,063 posts

Posted by haikeyila > 2015-06-01 17:28 | Report Abuse

The rock of Bursa... high five!

YOLOOOO

1,676 posts

Posted by YOLOOOO > 2015-06-01 18:38 | Report Abuse

after the ex-date of dividend then big drop again?

calvintaneng

53,496 posts

Posted by calvintaneng > 2015-06-01 18:55 | Report Abuse

YOLOOOO IS CORRECT!

Better Sell Into Strength Before Ex-Dividend Date.

Why?

Answer:

HapSeng Cash Position Has Dropped From RM317 Millions to RM280 Millions

Its Receivables Have Increased To RM1.83 Billions from RM1.52 Billions

And The Worst Is The Borrowing. The Debt Has Ballooned to a New High Of RM2.27 Billions from RM1.88 Billions.

Hapseng is actually borrowing money to pay the 10 cents dividend.

This is a clear case of manipulating accounts to support share price

Hapseng is now overvalued. It has only 4% growth with a P/E of 25.

Better Sell Now At Such Lofty Price of RM5.00.

This is a great opportunity to sell into strength.

Brought to you

By Calvin Tan Research

haikeyila

1,063 posts

Posted by haikeyila > 2015-06-01 20:35 | Report Abuse

Better sell those who want to sell and put your 50 sen in some pariah penny stock, if u please. No need to get ur panties twisted over this or that list, or come up with some ridiculous conclusion.

kenneth89

2,695 posts

Posted by kenneth89 > 2015-06-04 11:44 | Report Abuse

CALVIN CAN U RESEARCH FOR KSL?

calvintaneng

53,496 posts

Posted by calvintaneng > 2015-06-04 11:45 |

Post removed.Why?

supernova

1,923 posts

Posted by supernova > 2015-06-10 16:33 | Report Abuse

will undergoing price correction. be prepare

HJey

1,368 posts

Posted by HJey > 2015-06-15 19:21 | Report Abuse

Sick psycho calvintaneng again

Haikeyila, pmcorp is one of the worst FMCG company in Malaysia

Teong77

26 posts

Posted by Teong77 > 2015-06-24 20:57 | Report Abuse

Everyone get dividend already?

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