Posted by monetary > 2023-08-24 17:35 | Report Abuse

disposal gain, dude

Posted by geary > 2023-08-24 17:42 | Report Abuse

HAPSENG! After disposal gain, dude, still Up #30%!?

Posted by randy793 > 2023-08-24 17:59 | Report Abuse

https://www.klsescreener.com/v2/announcements/view/5508203.
Removing the one off gains, regrettably but expected, npbt tumbled by 42.2%

Posted by Newplayer01 > 2023-08-24 18:42 | Report Abuse

Up up up🎉🎉🎉

Posted by NatsukoMishima > 2023-08-24 19:20 | Report Abuse

Sell on news !

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

One off gain is for naive newbies !

Posted by James_Bond > 2023-08-25 06:05 | Report Abuse

Congratulations comrades! We r all HapSeng shareholders, and are all laughing to the bank! No need bother the market noise! Haha…

Posted by hhhiii123 > 2023-08-25 08:48 | Report Abuse

Qr look so bad, will the price sustain the pressure lol

Posted by ken > 2023-08-25 08:48 | Report Abuse

Hapseng future bright. Will fly start today..

Posted by monetary > 2023-08-25 12:23 | Report Abuse

dun think it will fly. Will sideway at this range until next Qr.

Posted by monetary > 2023-08-25 12:32 | Report Abuse

take away disposal gain pe is really high now. hopefully their restructuring plan bears fruits soon

Posted by 2Invest > 2023-08-25 13:33 | Report Abuse

Ya, still not very convincing. Actual profit is about 80M if take away the disposal gain.

It's improving compare to last quarter. About 60%

Better do nothing for now

Posted by monetary > 2023-08-25 14:30 | Report Abuse

May b slowly drift to 3.3x then can get 9% div :)

Posted by Aubree > 2023-08-25 17:29 | Report Abuse

Good catch at Rm3.3x there for investors 😊

Posted by geary > 2023-08-25 20:46 | Report Abuse

HAPSENG Daily Momentum!?
Forward Earnings Growth prospects= Hold!?
S1: 3.45.
Pivot: 3.65.
R1: 3.95.
R2: 4.30.
Trade/Invest at your own Risk!?

Posted by DividendGuy67 > 2023-08-25 21:45 | Report Abuse

HAPSENG performance is consistent every year, with one-off gains. It pays 80% of its earnings, including those from one-off gains. H1/2023 EPS = 28.63 sen. If next 2 quarters are single digits, historically, the average single digit gain is around 5.5 sen suggesting another 11 sen. This brings 2023 EPS forecast at around 40 sen. 80% payout = 32 sen. My conservative dividend for 2023 is 25 sen, but I might be pleasantly surprised.

25 sen / 3.66 = 6.8% dividend yield. This stock is still cheap at 3.66.

Posted by DividendGuy67 > 2023-08-27 15:00 | Report Abuse

My average cost is 3.26, with Dividend on Cost ~ 7.7%, very very good.
At current price of 3.66, the Dividend Yield ~ 6.8%, still very good.
However, my strategy is to take some to trade. Selling on strength is still a good strategy.

Looking at the longer term Price chart, I see 4 key resistance levels, when I start to become interested in selling. This are just initial impressions, I typically change my mind a little when the time comes.

So, the Strategy = Sell on Strength, the only question is how much and when;

Next R1 ~ RM4 (Nice round number, but if it gets there I think 85% chance continue to rise, so, sell 15% there);
Next R2 ~ RM4.65 (38% retracement and strong; but if it gets there, 70% chance continue to rise, sell another 15% there)
Next R3 ~ RM5-5.2 (50% retracement, typically expect some price reactions, so, sell another 10% there)
Next R4 ~ RM5.7. (62% retracement and very strong, sell another 20% there).
If it goes past RM5.7, I still have 40% holdings to enjoy very nice dividend yields.

All these could take months or even years, so, it's GTC orders and forget the market.

Posted by DividendGuy67 > 2023-08-27 15:14 | Report Abuse

This is a good conglomerate with stable earnings and dividend history over past 8 years.
- Dividend history past 8 years: Ranges from 25 sen to 35 sen, with last FYE = 30 sen.
- Earnings history past 8 years: Ranges from 30.1 sen to 46.7 sen, with last FYE = 38.2 sen.
- My forecast for EPS for FYE2023 ~ 35 to 40 sen.
- My forecast for DPS for FYE2023 ~ 25 to 30 sen.
- Over past 8 years, this company pays out 80% of its EPS as Dividends - this company shares its dividends with shareholders.
- At 25 sen, at 3.66, Dividend Yield = 6.8% already very good.
- At 30 sen, at 3.66, Dividend Yield = 8.2%, beating EPF hands down.
Where do you find such a stock?

Posted by DividendGuy67 > 2023-08-27 15:19 | Report Abuse

If you study its Annual Report and business, here's some figures: 2022 (2021):
1. Plantation R815m (671m) OP 267m (293m)
2. Property R524m (1540m) OP 158m (986m)
3. Credit Financing R242m (288) OP195m (211m)
4. Automotive R1750m, (1210m) OP 69m (8m)
5. Trading 3460m (2030m), OP 297m (97m)
6. Building materials R706m (543m), OP132m (57m)

With 6 diversified business, of course, guaranteed 100%, you will ALWAYS find problems, bad news in its segment. This is guaranteed. But are they permanent problems? How do you know Management cannot find compensating factors elsewhere? This Management has proven themselves to be consistent the past 8 years, to find one-off gains every year somewhere else. You need to look broader and not myopically at one segment problem only.

For a stock like this, low price is to accumulate, high price is to sell on strength, else, hold on and collect solid dividends. The strategy is simple, don't over-think, and don't out-talk yourself.

Posted by DividendGuy67 > 2023-08-27 15:33 | Report Abuse

For FYE2023, I only plan to get 25 sen dividend. 80% payout means EPS for 2023 needs to be around 31.25. H1 EPS = 2.04+26.59 = 28.6. So, next 2 quarters only need to earn 31.3-28.6 = 2.7 sen. I think this is very easy to get, so, I would say 95% chance the next dividend will be at least 15 sen, to bring total dividend to 25 sen.

The only question is can this year's dividend be 30 sen? Using the same simple maths, it needs to earn 37.5 sen (80% payout). Minus H1 28.6 gives H2 target = 8.9 sen. This means Q3 may be say 4 sen and Q4 say 4.9 sen.

I think there's still 45/55 chance of this happening. So, 30 sen is not completely impossible. If 30 sen dividend, means HAPSENG is under-valued because the Dividend yield = 30 / 3.66 = 8.2% which for a conglomerate like this, where to find?

Posted by DividendGuy67 > 2023-08-27 15:37 | Report Abuse

However, I don't chase at 3.66. Since I owned at 3.26.

But the above analysis tells me that I can do a small trading.

Small trading means take a small portion and try to sell at Resistance - above I identified 4 typical points.

Sell some at resistance and then BUY BACK at lower price for same number of shares to lock in profits and give yourself extra dividends.

At KEY RESISTANCE, sell more and don't buy back. Here, R4 is my key resistance.

That's the high level plan. However, I don't always stick to my plan at next quarter after i get new information - I constantly update my trading plan. historically, my plans has > 50% chance of being wrong, but the beauty of being wrong so often is that I make money ...

Posted by ken > 2023-08-27 16:23 | Report Abuse

This stock attract my attention when it hit 3.03. Did some detail analysis and start buy at 3.15.. my average at this moment is 3.24 and plan to add more. I strongly believe it will go to rm4+ very very soon. However it won't go back to previous glory in short and medium term. It need several years.

Posted by James_Bond > 2023-08-28 09:22 | Report Abuse

Go go go HapSeng! Serve you right, shorties! Hahaha!

Posted by James_Bond > 2023-08-28 09:51 | Report Abuse

Be informed that I m disposing Hapseng and moving the funds to MBMR. Thanks.

Posted by monetary > 2023-08-28 09:59 | Report Abuse

downtrend. catch rebound only

Posted by NatsukoMishima > 2023-08-28 10:52 | Report Abuse

Better take profit now dont greedy n sapu all iwcity tickets , hong kong asset holding in johor !

Posted by hhhiii123 > 2023-08-28 12:03 | Report Abuse

Hope netsuke keep crying when it break rm4, haha

Posted by geary > 2023-08-28 13:00 | Report Abuse

HAPSENG Daily Momentum!?
Pivot: 3.60.
R1: 3.95.
Sold #25%!?
Trade/Invest at your own Risk!?

Posted by DividendGuy67 > 2023-08-28 13:13 | Report Abuse

I thought it was going to take a while to get to RM4, and looks like I am wrong.
Today, I am happy that I am wrong.
This is because, when I am wrong, I make money FASTER! Haha ...

Posted by geary > 2023-08-28 13:31 | Report Abuse

I thought it was going to take a while to get to RM4, and looks like I am wrong.
Today, I am happy that I am wrong.
This is because, when I am wrong, I make money FASTER! Haha ...

No right/wrong!?
It's the trend/sentiment or price momentum!?
It's always dynamic or changing frequently!?
AM/PM news/trend can be #100% changes!?
Price Resistance/Retrace happening always!?
Same like Support/Pivotal!?
Next Resistance probably: R: 4.25!
Trade/Invest at your own Risk!?

Posted by 8u29song > 2023-08-28 13:54 | Report Abuse

wow so busy counting profits....hapseng, iwcity,spsetia....

Posted by Aubree > 2023-08-28 14:47 | Report Abuse

Congratz for people who had entered at Rm3.3x . Now can enjoy 💰💰

Posted by James_Bond > 2023-08-28 15:45 | Report Abuse

Indeed! Haha! Thank you very much to the shorties for bringing down hapseng shares! Haha!

Posted by Invest_888 > 2023-08-28 21:08 | Report Abuse

This stock has the potential to go back above RM6.

Posted by NatsukoMishima > 2023-08-29 12:46 | Report Abuse

Rm 6 ha ha ha ! When they cut your vege n pay debt then u know how naive u are !

Posted by NatsukoMishima > 2023-08-29 12:47 | Report Abuse

Better take profits now n move to iwcity , ranhill , dnex , vstec , gtronic !

Posted by willc48 > 2023-08-29 14:37 | Report Abuse

players manipulating hap seng shares price

Posted by sunsetbiz > 2023-08-29 15:16 | Report Abuse

yummy tea break...:)

Posted by William92 > 2023-08-29 16:10 | Report Abuse

going to chase hight in iwcity , ranhill , dnex , vstec , gtronic ?
or u had alot stocks there? want use Us to pump more and cut Us vege?

Btw how was the grape taste like? is it too sour?

Posted by Invest_888 > 2023-08-29 16:17 | Report Abuse

Hapseng was above RM7 this January 2023. Why no potential to go back RM6???

Posted by William92 > 2023-08-29 17:40 | Report Abuse

i think rm6 cannot meet in short time, need atleast 2 good QR to reach. current i think rm4.5 +- should be fair point for now. because people over estimate the Poor Earning, and dispose until 3.x... let's see next QR, if the next QR earning is better, then rm 5 can reach...

Posted by DividendGuy67 > 2023-08-29 18:18 | Report Abuse

Nice. When the stock blast through RM4 like it's not there, that's a nice move.

Posted by DividendGuy67 > 2023-08-29 18:25 | Report Abuse

Sold 13% off near RM4 to lower my average cost down to 3.09. Still got 87% to ride this stock up. At current price of 4.09, the Div Yield is still very nice at 6.1%. My Dividend Yield on cost is now a nice 8.1% after lowering my average cost down. I am conservatively predicting HAPSENG delivers 25 sen this year (which should be easy peasy). When my Dividend Yield on Cost is double digit and double EPF rate, that's when you know that you can forget this stock most of the time! Taking 70+ sen profit when yearly dividend is 25 sen is not a bad thing to do, as that's nearly 3 years worth of dividends in just an extremely short months.

Posted by Aubree > 2023-08-29 18:52 | Report Abuse

Breaking Rm4 !!! never underestimate the power of rebound

Posted by Ahboy96 > 2023-08-30 09:26 | Report Abuse

waiting parking ticket at Rm4.14

Posted by James_Bond > 2023-08-30 09:27 | Report Abuse

Sold near all my hapseng shares, leaving 10% and let profits run. Thank you very much…

Posted by James_Bond > 2023-08-30 09:58 | Report Abuse

Oh no… reverse signal appears… selling my remaining 10%… good luck guys…

Posted by Michael Kwok > 2023-08-30 12:16 | Report Abuse

hapseng 4.06-4.10
If got dip 3.90-3.96,then buy;or 4-6 trading days correction then buy
30/8/23 12.20pm

Posted by Aubree > 2023-08-30 13:54 | Report Abuse

TP some at 4.18 this morning. Yummy 😋 Happy Merdeka, folks!

Posted by Aubree > 2023-09-01 13:35 | Report Abuse

Dnt be a crybaby if you missed Hapseng at 3.30 or 3,40 there, fruitcake. ha