Posted by James_Bond > 2023-04-19 17:14 | Report Abuse

Remember to go AGM and voice out your concerns to the management team if HapSeng shares keep on dropping

Posted by calvin9 > 2023-04-19 17:46 | Report Abuse

;)

Posted by RWG > 2023-04-19 20:59 | Report Abuse

wait for 2.80

Posted by chkhooju > 2023-04-20 07:02 | Report Abuse

2.80 a lot of people gonna die. Be more considerate. Maybe 3.80 should be a good price to pick up.

Posted by loneranger > 2023-04-20 07:36 | Report Abuse

Hapseng is not undervalued. It was overvalued previously.

Posted by EDwarrior > 2023-04-20 09:08 | Report Abuse

Why Hap seng Drop so much.

Posted by loneranger > 2023-04-20 09:44 | Report Abuse

For those who want to collect, please wait when it drops below 4.00.

Posted by hhhiii123 > 2023-04-20 09:54 | Report Abuse

Hopefully hs can maintain the dividend at 35 cent this year also, and patiently wait until next year lol

Posted by EDwarrior > 2023-04-20 09:57 | Report Abuse

Wow below 4 are u sure?. If below 4 will GG

Posted by 2Invest > 2023-04-20 11:06 | Report Abuse

Hope you are right loneranger. Join the boat 2 days ago & now queuing 2nd batch at 4. Let's see any seller.

Lau family control over 80%, no surprise to me if they want to privatise it.

Posted by James_Bond > 2023-04-20 11:18 | Report Abuse

Short it down to collect low and privatize it… marvelous!

Posted by James_Bond > 2023-04-20 11:24 | Report Abuse

Guess Lau family could afford to offer 300% current share price of HapSeng to private it… haha…

Posted by James_Bond > 2023-04-20 11:27 | Report Abuse

Collected another batch 4.66. Cheers!

Posted by James_Bond > 2023-04-20 11:28 | Report Abuse

Come on, sell to papa… haha…

Posted by James_Bond > 2023-04-20 11:31 | Report Abuse

Collected another batch 4.66! Haha…

Posted by EDwarrior > 2023-04-20 11:32 | Report Abuse

I have bought some lol at 4.66 also

Posted by James_Bond > 2023-04-20 11:33 | Report Abuse

There are less than 10% floating shares… easy to manipulate…

Posted by James_Bond > 2023-04-20 11:34 | Report Abuse

Wait the sellers to offload first… then the buyers shall easily push HS up…

Posted by EDwarrior > 2023-04-20 11:35 | Report Abuse

Now may be can back to Top 30 Klse index. Reached the requirements of Volume.

Posted by EDwarrior > 2023-04-20 15:13 | Report Abuse

I think big boss has now entered the market and collects the cheaper share. Let's see hahahah

Posted by James_Bond > 2023-04-20 16:17 | Report Abuse

Tan Sri Lau Cho Kun is filthy rich. He could easily buy up the floating shares and declaring privatization of HapSeng. If HapSeng share keeps on dropping, please attend AGM and demand full explanation from him and the board of directors!

Posted by EDwarrior > 2023-04-20 17:37 | Report Abuse

I think now 4.66 is the bottom and good collection level

Posted by dompeilee > 2023-04-21 07:41 | Report Abuse

An unknown quantity of FOREIGN FUNDS are running out through the same narrow door before they lose even more since the price dropping like a stone is scary to them...if they all panic at the same time, it can even conceivably limit DOWN...not impossible.

Posted by chkhooju > 2023-04-21 08:15 | Report Abuse

3.80 would be a better price to get in.

Posted by EDwarrior > 2023-04-21 08:27 | Report Abuse

But Hap Seng sold HS Credit (Manchester) is sold at a good price.

Posted by James_Bond > 2023-04-21 17:02 | Report Abuse

https://www.theedgemarkets.com/node/660307

Posted by EDwarrior > 2023-04-21 17:19 | Report Abuse

Yap James. What I wanna to say is that Hap Seng Credit Asset only has 50.9 m plus Pound only with near 1 m pound of sales.
Therefore, selling at RM 840 m is higher than its Value which is good for Hap Seng

Posted by EDwarrior > 2023-04-21 17:19 | Report Abuse

So why Hap Seng keep dropping lol

Posted by EDwarrior > 2023-04-21 17:20 | Report Abuse

Big boss want to acquisition more share of Hap seng?

Posted by EDwarrior > 2023-04-21 17:21 | Report Abuse

Hidden value? Lol

Posted by James_Bond > 2023-04-21 17:32 | Report Abuse

Personally will use my fund from selling off salute, myeg, Genting Berhad, Genting Singapore, Harta, Ajinomoto, F&N etc to buy this counter. Personally will buy more if HapSeng dropping further. No big issue for keeping HapSeng shares for the 6+% dividends (expecting special dividends too), it is more than EPF 5+% and fixed deposit of 4+%. Cheers!

Posted by James_Bond > 2023-04-21 17:44 | Report Abuse

Here I urge Tan Sri Lau Cho Kun and the board of directors of HapSeng to initiate share-buy-back to give confidence to investors! If not, the late Tan Sri Datuk Lau Gek Poh would definitely unhappy to see how HapSeng and the minority shareholders being treated like this!

Posted by willc48 > 2023-04-21 18:33 | Report Abuse

buyback shares are always at disadvantage of minority shareholders. once palm oil back inborder with China backing, it shall be back in business. And Kalimantan will be new Indon capital. Lot of good days ahead. Once economy manipulator, US is vanished, global economy will improve

Posted by EDwarrior > 2023-04-21 21:11 | Report Abuse

Wow James .. u are rich pls bring me fly.

Posted by flyhub888 > 2023-04-22 10:59 | Report Abuse

dont ever try to buy a downtrend stock . if the price plunge due to certain event still acceptable . but hapseng has been downtrending since years

Posted by chkhooju > 2023-04-22 15:17 | Report Abuse

Don't be a hero. You will die sooner than others.

Posted by EDwarrior > 2023-04-22 16:18 | Report Abuse

Hap Seng is a good company. I can tell Hap Seng is undervalued. Will have a good news incoming. I think.

Posted by hhhiii123 > 2023-04-22 22:19 | Report Abuse

salute to James Bond lol

Posted by Activetrader > 2023-04-23 01:55 | Report Abuse

3.50 is achievable.. privatisation in the making.

Posted by EDwarrior > 2023-04-23 08:57 | Report Abuse

Really want to privatisation?

Posted by hhhiii123 > 2023-04-23 20:03 | Report Abuse

if privatisation, any offer price lower than RM7 will be rejected by shareholder, fair value should be at least RM8 per share

Posted by speakup > 2023-04-23 21:39 | Report Abuse

Normally when privatisation, will be low price, not high. Look at Boustead, privatized 85.5¢, which is only half it's NTA. Think logically, if u are owner of Hapseng, u want to buy cheap or expensive? Haseng NTA is only rm3.08, so IF any privatisation at all, we ate looking at rm2 levels at most

Posted by hhhiii123 > 2023-04-23 22:08 | Report Abuse

Unlike Boustead, hapseng cannot be value on NTA, because most of the profit coming from property, HS has three office towers near twin tower, land banking at Klang, plus 6 hotels build this year and ton of unsold units at KL and Sabah, those assets are going to double or tripple after 10 years, definitely shareholder will reject any offer below RM7. Most likely the push down is to trigger volume spike in order to admit into KLCI index, hopefully my guess is correct.

Posted by EDwarrior > 2023-04-23 22:45 | Report Abuse

Yeah I think so hap seng want to rejoin back to KLSE index

Posted by EDwarrior > 2023-04-23 22:48 | Report Abuse

The KLCI index, next review will take place in June 2023. So I think Hap Seng wanna to rejoin and meet the requirements

Posted by speakup > 2023-04-24 10:57 | Report Abuse

Imagine u are Tan Sri Lau, put yourself in his shoes, u want to buy over hapseng at rm7 or rm3? Be honest.

Posted by EDwarrior > 2023-04-24 12:14 | Report Abuse

If I am Lau I will buy at RM 4.67 to RM 7 and it can stimulate the share price back to RM 10. Create both win win situation for Company and all of the Stakeholders related to Hap Seng. Booster the reputation for itself.

Posted by fortunefire > 2023-04-24 12:16 | Report Abuse

worth watching

Posted by EDwarrior > 2023-04-24 12:30 | Report Abuse

If I am Tan Sri Lau after reached RM 10. I will perform bonus issue of share same as Public bank. Improve or boost Hap Seng share volume. Then will back to KLCI index.
Good direction for all investors.

Posted by EDwarrior > 2023-04-24 12:32 | Report Abuse

I think Tan Sri Lau rich because he would care all of his investors. So I believe he will do this and the rich make richer.