HONG LEONG INDUSTRIES BHD

KLSE (MYR): HLIND (3301)

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Last Price

14.58

Today's Change

+0.18 (1.25%)

Day's Change

14.42 - 14.80

Trading Volume

11,300


7 people like this.

2,573 comment(s). Last comment by Diamond7 3 weeks ago

Steven Yong

1,251 posts

Posted by Steven Yong > 2014-09-29 16:54 |

Post removed.Why?

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2014-09-29 17:00 | Report Abuse

Bought 1000 units at RM8.30. My first lot. Will collect more if it drops further. Having 5 lots in the best to avoid odd lots in the free Narra shares because 5 X 80 = 400 (not odd lots) other than the 5000 units.

Steven Yong

1,251 posts

Posted by Steven Yong > 2014-09-29 17:04 | Report Abuse

Wish you luck, you need them

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2014-09-29 17:07 | Report Abuse

Thanks Steven Yong, same to you. I just believe anything to do with the Hong Leong group is considered blue chips. That is why I dare to buy.

Posted by ericoconut > 2014-09-29 17:33 | Report Abuse

KC, you said that HLIND going to rm12 and rm15. Can you share with us base on what calculation & what is the time frame? thank you.

Steven Yong

1,251 posts

Posted by Steven Yong > 2014-09-29 17:47 | Report Abuse

See, this kclow only know talk cok and nothing to show you. Coz he got his double degree from rubbish u

happyman

168 posts

Posted by happyman > 2014-09-30 09:22 | Report Abuse

we all wish what kclow said will come true !!!, because we all have interest in this counter, else we are here to chat for what ... but logic tells us rm12-15 within weeks is too far flung ....so better stick with our pace of investment

rc15

186 posts

Posted by rc15 > 2014-09-30 09:26 | Report Abuse

Set yrself yr own TP,but be a realistic one.Dun simply believe any TP set by anybody.Personally, I think most of us here has done our own homework on Hlind. So stay tune and good luck.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2014-09-30 16:00 | Report Abuse

Today's volume extremely low. Hope to see a rally after 4 pm. It is forming a hammer candlestick now which indicates a trend reversal from downwards to upwards.

Posted by ericoconut > 2014-09-30 19:06 | Report Abuse

Distribution Narra shares to shareholders of HLIND on 14/10/2014.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1753157

Cowboy

365 posts

Posted by Cowboy > 2014-09-30 20:21 | Report Abuse

What is the different between Ex-date and Entitlement date? They suppose to be the same.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2014-09-30 20:21 | Report Abuse

Thanks ericoconut, that means 8 more trading days to chase the HLI shares. Hope for uptrend in these 8 remaining trading days before price adjustment.

Novice168

191 posts

Posted by Novice168 > 2014-09-30 20:29 | Report Abuse

does this mean that HLind share holders get free 1.08 Narra share for every 1 HLind share on 16 October? SO adding about 4.50 to his portfolio for free? ?? better buy somemore tomorrow morning.

Novice168

191 posts

Posted by Novice168 > 2014-09-30 20:45 | Report Abuse

what do you think the price adjustment to be after the bonus share? For both NLind and Narra.

Posted by ericoconut > 2014-09-30 21:36 | Report Abuse

Novice168, market will decide both shares price on Ex-date. I only believe HLIND will go to $12 or $15 in short-term if the source is come from Quek.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2014-09-30 21:48 | Report Abuse

We can phone up the share registrar to find out exactly how the HLIND price will be adjusted on the ex-date as follows:

Hong Leong Share Registration Services Sdn Bhd

Level 5, Wisma Hong Leong
18, Jalan Perak
50450 Kuala Lumpur

Tel. No.: 03-2164 1818

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2014-09-30 22:11 | Report Abuse

Probably what Steven Yong said is correct. HLIND share price will only be minused RM1.08 and not the full price of Narra after ex based on UOB Research report.

"Separately, we understand that so far, Bursa seems to have no issue with HLI’s proposal to use the par value to adjust its share price to reflect the distribution of Narra shares to HLI shareholders (1.08 Narra shares for every HLI share). If so, after the shares go ex Narra distribution, HLI’s share price will be adjusted by RM1.08, which is significantly lower than the potential distribution value of Narra of >RM5/HLI share (based on Narra’s present valuation)."

Steven Yong

1,251 posts

Posted by Steven Yong > 2014-09-30 23:59 | Report Abuse

Omg, really 1080 for 1000. Read carefully, is 1000.4000 return for 8500 investment

Steven Yong

1,251 posts

Posted by Steven Yong > 2014-10-01 00:54 | Report Abuse

Limit up, hoho! Do homework, got Makan loh

Steven Yong

1,251 posts

Posted by Steven Yong > 2014-10-01 00:57 | Report Abuse

Let me see, Rm8.40, plus 30% limit up, tomorrow hit Rm10.90, Xmas is coming to town. Hohoho, merry Xmas from mr.quek to all!

happyman

168 posts

Posted by happyman > 2014-10-01 03:20 | Report Abuse

Steven yong ( 1080 for 1000. Read carefully, is 1000.4000 return for 8500 investment ) what does this means?

Steven Yong

1,251 posts

Posted by Steven Yong > 2014-10-01 07:03 | Report Abuse

Means $$$$$$$$$$$$

Steven Yong

1,251 posts

Posted by Steven Yong > 2014-10-01 07:04 | Report Abuse

HLIND CANTEKKKKKKKK

Steven Yong

1,251 posts

Posted by Steven Yong > 2014-10-01 07:05 | Report Abuse

The above 345,030,635 Narra Shares to be distributed represent substantially all the consideration shares to be received by HLI from Narra Industries Berhad (“Narra”) pursuant to the disposal by HLI of Hume Concrete Sdn Bhd (formerly known as Hume Industries (Malaysia) Sdn Bhd) and the entire irredeemable convertible preference shares in Hume Cement Sdn Bhd to Narra.

The Capital Distribution shall be implemented by way of reduction of the share premium reserve of HLI by approximately RM234.1 million.

Under the Capital Distribution, entitled shareholders of HLI will receive 1,080 Narra Shares for every 1,000 HLI Shares held as at 5 p.m. on 16 October 2014 (“Entitlement Date”).

Fractional entitlements to the Narra Shares, if any, shall be disregarded and shall be dealt with by the Board of Directors of HLI as it may in its absolute discretion deems fit or expedient and in the best interests of HLI.

The Narra Shares to be distributed shall be credited into the Central Depository System accounts of the entitled shareholders within 8 market days from the Entitlement Date.

This announcement is dated 30 September 2014.

rc15

186 posts

Posted by rc15 > 2014-10-01 09:09 | Report Abuse

Master KCLow deleted all his posting ah? Where is his TP RM12 and then RM15?

Novice168

191 posts

Posted by Novice168 > 2014-10-01 09:17 | Report Abuse

I saw this announcement on Bursa Malaysia; what does this means?

We refer to the announcements dated 11 September 2013, 31 October 2013, 12 December 2013, 29 April 2014, 4 June 2014, 17 June 2014, 18 June 2014, 4 August 2014, 4 September 2014 and 30 September 2014 as well as the Circular to Shareholders dated 20 May 2014 (“Circular”) in relation to the Corporate Exercises. Unless otherwise stated, words and phrases used in this announcement shall have the same meanings as defined in the Circular.

On behalf of HLI, HLIB wishes to announce that HLI and Narra have mutually agreed to extend the period for the completion of the HIMSB SSA and the ICPS SSA by a period of 2 months expiring on 3 December 2014 to complete both the HIMSB SSA and the ICPS SSA.

This announcement is dated 30 September 2014.

Steven Yong

1,251 posts

Posted by Steven Yong > 2014-10-01 09:23 | Report Abuse

80% over control by related parties.

Novice168

191 posts

Posted by Novice168 > 2014-10-01 09:30 | Report Abuse

I called HLind main office, they confirmed the announcement. Surprise the market reaction is so slow. The price is expected to jump but why so slow.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2014-10-01 10:00 | Report Abuse

Ya, I also feel surprise. Selling pressure is great.

Steven Yong

1,251 posts

Posted by Steven Yong > 2014-10-01 10:00 | Report Abuse

HAHAHA! HLIND CANTEK, BUY NOW!! SAPU!!!! RM4.6 NARRA FOR RM8.43 HLIND, after ex you get NARRA 1000 valued RM4.50 if lucky, then deduct the distribution by only RM1.08!!! MALAYSIA GREAT SALES IS BACK 30% OVER RETURN

Novice168

191 posts

Posted by Novice168 > 2014-10-01 10:11 | Report Abuse

I saw this announcement on Bursa Malaysia today; what does this means? Is this delaying the Narra share distribution?

We refer to the announcements dated 11 September 2013, 31 October 2013, 12 December 2013, 29 April 2014, 4 June 2014, 17 June 2014, 18 June 2014, 4 August 2014, 4 September 2014 and 30 September 2014 as well as the Circular to Shareholders dated 20 May 2014 (“Circular”) in relation to the Corporate Exercises. Unless otherwise stated, words and phrases used in this announcement shall have the same meanings as defined in the Circular.

On behalf of HLI, HLIB wishes to announce that HLI and Narra have mutually agreed to extend the period for the completion of the HIMSB SSA and the ICPS SSA by a period of 2 months expiring on 3 December 2014 to complete both the HIMSB SSA and the ICPS SSA.

This announcement is dated 30 September 2014.
01/10/2014 09:17

stainlyho37

2,277 posts

Posted by stainlyho37 > 2014-10-01 10:21 | Report Abuse

dear all, after distribution HLI will revise down..how far it go will depand on the Narra shares value ..do not get confuse...present RM8.40++
is included Narra value..correct me if i am wrong....hapi trading..

Steven Yong

1,251 posts

Posted by Steven Yong > 2014-10-01 10:34 | Report Abuse

Finally someone wakeup liao!! LIMIT UP TODAY COMING!! 30%=RM10, believe IT!!

stainlyho37

2,277 posts

Posted by stainlyho37 > 2014-10-01 11:02 | Report Abuse

sorry..correct my above statement...present HLI prices is include Hume value..not Narra..

happyman

168 posts

Posted by happyman > 2014-10-01 11:03 | Report Abuse

steven yong , ya the deduction is 1.08 but will the market follow this way is yet to be seen

happyman

168 posts

Posted by happyman > 2014-10-01 11:07 | Report Abuse

take note of duitlai s comment why mother share up and CA didn't follow ? confusing, how to interprete this ? brothers n sisters !

Cowboy

365 posts

Posted by Cowboy > 2014-10-01 11:14 | Report Abuse

CA will break record soon as well.

rc15

186 posts

Posted by rc15 > 2014-10-01 11:19 | Report Abuse

At present level (8.70 & 0.27), CA is trading at 1.3%....

rc15

186 posts

Posted by rc15 > 2014-10-01 11:20 | Report Abuse

What will be the CA price if mother touch RM9-RM10???

DANIELSKS

222 posts

Posted by DANIELSKS > 2014-10-01 11:21 | Report Abuse

There's a risk that the issuer will also use 1.08 and not the market price to deduct from the exercise price for the CA. That's probably the reason that the CA is not moving proportionally.

Steven Yong

1,251 posts

Posted by Steven Yong > 2014-10-01 11:22 | Report Abuse

Ca is for idiots dunno what happenning. After will see rm10.

rc15

186 posts

Posted by rc15 > 2014-10-01 11:22 | Report Abuse

I doubt if they will adjust basing on Par Value of Narra, it should be market value.

Cowboy

365 posts

Posted by Cowboy > 2014-10-01 11:24 | Report Abuse

When HLI=10; CA=0.465

rc15

186 posts

Posted by rc15 > 2014-10-01 11:26 | Report Abuse

Cowboy, are you one of the idiot, as what Steven claimed?

NKBlog

104 posts

Posted by NKBlog > 2014-10-01 11:29 | Report Abuse

Were strongly advised to stay away from CA. Break 8.74 previous high........excellent!!

simoncwk

20 posts

Posted by simoncwk > 2014-10-01 12:14 | Report Abuse

How the CB? Possible to get in now?

rc15

186 posts

Posted by rc15 > 2014-10-01 12:22 | Report Abuse

Only idiots will buy CB...RM8 +14CB

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2014-10-01 12:28 | Report Abuse

Will there be a second leg up in the afternoon session or will it go sideways? Taking a breather now.

Steven Yong

1,251 posts

Posted by Steven Yong > 2014-10-01 12:28 | Report Abuse

Malaysia are CRAZy, FREE MONEY ! HLIND CANTEKKKKKKKKK

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