Posted by ken > 2023-08-06 16:28 | Report Abuse

good analysis. appreciated.

Posted by Aubree > 2023-08-07 12:20 | Report Abuse

@DividendGuy67. Lol, that's technical 😅 how about fundamental, something like why HapSeng disposed entirely stake of Richmore to Gek Poh... any insider info?

Posted by hhhiii123 > 2023-08-07 13:46 | Report Abuse

Because Richmond has 212mil loan, it can reduce the liability, and improve profit, I hope so...

Posted by Aubree > 2023-08-08 15:26 | Report Abuse

Hm...if that's the case, then supposedly HapSeng would go up instead of free fall ...

Posted by bingoman > 2023-08-09 00:16 | Report Abuse

didn't drop below rm 3, chance to collect for dividend

Posted by loneranger > 2023-08-09 19:04 | Report Abuse

Be patient, below 3.00 after announcement of this coming QR.

Posted by Aubree > 2023-08-10 17:59 | Report Abuse

If got disposal, then there will have one-off gain in this coming q2 ..

Posted by trader808 > 2023-08-11 11:32 | Report Abuse

1.Traditionally, HS is expected to announce its 2Q result on 25th Aug. Last year it has announced a profit after tax of Rm132.58m for the corresponding quarter.
What would you expect from the forthcoming 2Q announcement?

2.As you may be aware in a related party transaction, Tan Sri has successfully acquired HSMCL from HS. The transaction has been completed in June 2023 and it would be captured into the books and account of HS in Q2.

3.The selling price was RM837m or incredibly 3x the price to book value on a willing buyer willing seller basis.
The related party transaction would result in a one off disposal gain of Rm563.7m for HS. It is expected to improve the EPS by 22.6 sen

4. Hence, one would reasonably expects HS to at least report a profit on 563.7 + 132.5 = Rm696.2m in the forthcoming announcement. Any number lower than 696m would be deem a poor and inefficient quarter relatively. Should it happen, it will shake the counter out of consolidation and negatively and undesirously impact the share price. It will weaken and continue to slide.

5. It is undeniable that HS is undergoing a difficult moment in its business. The balance sheet , P&L and the cash flow statement depict its strengths and weakness. We say and analysis it as it is with a clear and unbiased mind.

6 Fortunately minority shareholders are blessed with Tan Sri who is willing to pay the illogical 3x the PBV for HSMCL to enable HS to receive Rm837m and primarily to repay loan amounting of 650m and to strengthen working capital.

7 HS is indeed facing enormous issues and challenges. The MSCI had excluded the counter in its regional index. The hedge funds had abandoned HS is a portfolio rebalancing and disposed in one go 56m shares at Rm3.62. Since than it has never recovered.

8 It is hope that Tan Sri who is educated and smart, resourceful and talented would persist on with its energy and passion to pull through and recover the loss in market capital exceeding (9.50 minus 3.20 x 2.489b shares) Rm15.68b

9 Best wish and happy trading
11/8/23

Posted by Aubree > 2023-08-11 15:27 | Report Abuse

Thanks for sharing, trader808

Posted by DividendGuy67 > 2023-08-13 22:30 | Report Abuse

I3lurker, what are your 5 big stocks?

Posted by DividendGuy67 > 2023-08-13 22:31 | Report Abuse

Aubree, the q2 gains are used to pay off loans instead of distributing as dividends. If Hapseng has done the latter, share price will go up.

Posted by DividendGuy67 > 2023-08-13 22:33 | Report Abuse

I expect the fundamentals to be so because the technical tells me better than 50-50 odds it would be so. It’s price is not yet ready to go up so soon.

Posted by Aubree > 2023-08-14 11:49 | Report Abuse

Yupe, DividendGuy67. Enter a bit at 3.26 just now

Posted by James_Bond > 2023-08-15 14:42 | Report Abuse

Congrats comrades! We shall win big in HapSeng battleship! Cheers!

Posted by Aubree > 2023-08-15 14:55 | Report Abuse

Very nice, breaking Rm3.30 b4 QR is out

Posted by hhhiii123 > 2023-08-21 09:08 | Report Abuse

Finally start to fly, gogogo

Posted by ken > 2023-08-21 09:19 | Report Abuse

Future seem bright.. like.

Posted by ncy810116 > 2023-08-21 09:37 | Report Abuse

wah... nice 3.5

Posted by hystock > 2023-08-21 09:46 | Report Abuse

Wao break 3.5

Posted by Aubree > 2023-08-21 11:13 | Report Abuse

Strong momentum today. I guess good Q2 result can be anticipated

Posted by James_Bond > 2023-08-21 12:02 | Report Abuse

Congrats comrades! More upside to go in this HapSeng battleship! Cheers!

Posted by Fabien _the efficient capital allocator > 2023-08-21 13:07 | Report Abuse

Coming quarter would be good because of disposal gain. Hope some sweeteners in the form of divvys.

Posted by sunnyguy > 2023-08-21 14:14 | Report Abuse

the disposal gain amount is able to predict now... Is there any other surprise?

Posted by smallrail > 2023-08-21 14:43 | Report Abuse

rocket?

Posted by geary > 2023-08-21 14:58 | Report Abuse

HAPSENG Daily Momentum!?
S1: 3.30.
PIVOT: 3.50.
R1: 3.80.
R2: 4.05.
R3: 4.40.
Trade/Invest at your own Risk!?

Posted by 2Invest > 2023-08-21 15:14 | Report Abuse

Congrats to all HS holders here.

Wonder if IBs already have the QR result

Posted by katara > 2023-08-21 15:28 | Report Abuse

3.7

Posted by ken > 2023-08-21 15:31 | Report Abuse

I can't believe hapseng run so fast. I still take my sweet time to add little by little...only achieved half of what I planned to buy..

Posted by Jnlee > 2023-08-21 15:57 | Report Abuse

nuclear power

Posted by Hemsley > 2023-08-21 16:27 | Report Abuse

What a sudden, I not yet buy the ticket.....

Posted by monetary > 2023-08-21 16:27 | Report Abuse

Earned so much money share price keep going down. Now is revenge time

Posted by James_Bond > 2023-08-21 16:32 | Report Abuse

Those who followed me buying hapseng, you should be laughing to bank… haha… cheers!

Posted by hhhiii123 > 2023-08-21 16:37 | Report Abuse

Hs klang land bank gonna double the value soon, EV sales kick in soon, new indo capital will be ready next year. Please limit up tomorrow lol

Posted by ken > 2023-08-21 16:46 | Report Abuse

Slow slow lah. Aku belum cukup beli lagi...fast fast how to chase??

Posted by Fabien _the efficient capital allocator > 2023-08-21 18:17 | Report Abuse

Hap Seng Consolidated, YTL Power climb on inclusion into FTSE's Asia-Pacific index in September

Posted by hystock > 2023-08-21 19:06 | Report Abuse

Exclusion MSCI drop heavily, inclusion FTSE index hopefully will rise substantially.

Posted by NatsukoMishima > 2023-08-21 19:24 | Report Abuse

Pump n dump !

Posted by DividendGuy67 > 2023-08-21 22:58 | Report Abuse

Hapseng 3.73!!! Wow! I am so happy!

Posted by monetary > 2023-08-22 10:22 | Report Abuse

dun let me down hapseng!

Posted by monetary > 2023-08-22 11:17 | Report Abuse

if no reverse today must cut kuku lo....

Posted by NatsukoMishima > 2023-08-22 11:45 | Report Abuse

Who chased high yesterday will be trapped until become penny stock , congrats all bodoh who pay the high debts for ah seng !

Posted by James_Bond > 2023-08-22 11:56 | Report Abuse

Your wining rate for going against natsuko is 99%! Haha…

Posted by Aubree > 2023-08-22 14:28 | Report Abuse

Won't worry much if hold this counter for mid-long terms

Posted by monetary > 2023-08-22 15:07 | Report Abuse

run half first. stay safe

Posted by monetary > 2023-08-22 15:11 | Report Abuse

dun always say mid-long term or u will become jap whore permanent tenant at dnex

Posted by DividendGuy67 > 2023-08-22 23:53 | Report Abuse

Nice to see many sources saying HAPSENG upcoming Friday quarterly earnings will show a drop. I'm a believer in selling a small amount / some into strength so that you can buy back when upcoming Friday quarterly earnings show a drop. Sell at 3.73 to buy back at 3.47 is a nice small dividend.

Posted by monetary > 2023-08-23 10:05 | Report Abuse

wow! green

Posted by Aubree > 2023-08-23 12:19 | Report Abuse

See. It rebounds today. Ha

Posted by NatsukoMishima > 2023-08-23 13:01 | Report Abuse

Hupseng same pattern like harta ! Wont sustain due to ultra high debts ! High risks stock !

Posted by Aubree > 2023-08-24 15:56 | Report Abuse

You're in wrong counter This is Hap Seng, ain't Hup Seng the biscuit