Posted by NKBlog > 2014-10-01 12:32 | Report Abuse

Agree with Duitlai that Ca and Cb are risky instruments; just focus on the mother share. Still have potential to go further....

Posted by afex > 2014-10-01 12:34 | Report Abuse

is it possible to buy now?

Posted by Steven Yong > 2014-10-01 12:34 | Report Abuse

Too late liao, ask you all buy. Some fund managers might be buying. 2 weeks earn 30%!!! NO ONE WANT? FUND MANAGERS BUYING LIKE CRAZY NOW!!!
RM9 SEEN 2ND LEG, THEN RM10 NEXT WEEK!!

Posted by Duitlai > 2014-10-01 12:37 | Report Abuse

Wise move afex,should be ok,there is too little free float now.
Do not hesitate, invest in trending stock like HLInd

Posted by Novice168 > 2014-10-01 12:39 | Report Abuse

I think still OK to buy in now. Ex date is 14/Oct. Some investors still don't know about the bonus Narra share offer yet. The announcement confirmation was only yesterday. When more people know, will push this share much higher.

Posted by Steven Yong > 2014-10-01 12:57 | Report Abuse

Hlind cantekkkkk, quek cantik.

Posted by NKBlog > 2014-10-01 12:58 | Report Abuse

Well if any investor still don't know; then they are not investor lo......this exercise goes all the way back to 2013....

Posted by Steven Yong > 2014-10-01 13:27 | Report Abuse

HLIND CANTEKKKKK, JUST CLOSE EYES BUY, GET 3000 NEXT 2 WEEKS. BEST BUY

Posted by Cowboy > 2014-10-01 13:32 | Report Abuse

Eventhought this exercise started 2013, but till now, no one know the performent of the Cement plant. All of us here are still guesting .....
Fund manager may have already know the value of Narra, so, the price is very steady.

Posted by Steven Yong > 2014-10-01 14:29 | Report Abuse

Cements? Hello got read newspaper? Cement in serious shortage in Malaysia. Tht's why you see LFarge=Lar fuk? YTLCement all doing well!!

Posted by investorxyz > 2014-10-01 14:41 | Report Abuse

sell sell
sell CA at 0.260...
But WHY???

Posted by simoncwk > 2014-10-01 14:54 | Report Abuse

What it means by RM8 +14CB?

Posted by Cowboy > 2014-10-01 15:01 | Report Abuse

CA is selling at a discount price now.

Posted by investorxyz > 2014-10-01 15:05 | Report Abuse

just buy and pick up
the exercise price and conversion ratio will adjust after 14 Oct

Posted by Cowboy > 2014-10-01 15:11 | Report Abuse

The convertion price, 7.20 will be reduced by 1.08*(Narra 5 day average).

Posted by Steven Tan > 2014-10-01 15:15 | Report Abuse

What happen to CA wei...I got in at 0.265. wei...

Posted by REDbutterfly > 2014-10-01 15:16 | Report Abuse

yah..ca drop like shit. suddenly fall

Posted by simoncwk > 2014-10-01 15:16 | Report Abuse

Going in CB now at 0.125!

Posted by qwerty4979 > 2014-10-01 15:17 | Report Abuse

mother also fall...

Posted by Steven Tan > 2014-10-01 15:23 | Report Abuse

Too late for me to cut loss now... keep it first... see how it goes next week..

Posted by Cowboy > 2014-10-01 15:27 | Report Abuse

Alot of people dont know how to calculate the changes in convertion price.

Posted by 8wpwtmt8 > 2014-10-01 15:35 | Report Abuse

What has happened? Such a sharp drop from the peak! And suddenly so quiet.

Posted by Steven Yong > 2014-10-01 15:40 | Report Abuse

told ya, idiots by CW

Posted by Cowboy > 2014-10-01 15:54 | Report Abuse

Kenanga has dump both the HLI and Narra to a very low price that only able to make profit from the CA.

Posted by Novice168 > 2014-10-01 16:02 | Report Abuse

Cowboy, how do you see who dump the share?

Posted by Steven Tan > 2014-10-01 16:06 | Report Abuse

How come they dump...serious ? can;t be dumping their own shit...

Posted by Steven Tan > 2014-10-01 16:07 | Report Abuse

It will take at least 1 week plus to recover lo... Hong Leong is potential... just about time..

Posted by Cowboy > 2014-10-01 16:08 | Report Abuse

CA issue by Kenanga. If others fund want to kill Kenanga, this is a good time.

Posted by Steven Yong > 2014-10-01 16:10 | Report Abuse

dont play CW, buy mother and hold, 3000! CANTEKKK

Posted by stainlyho37 > 2014-10-01 16:12 | Report Abuse

Dear all, HLI disposed Hume to Narra.(HLI will loose an income arm)..& paid back HLI by Narra shares..this just a cooperate exercises.. by looking at the Narra shares surged 100% from early 2014 with HLIND surged 60% ....Narra existing shares holder with better position than HLIND existing shares holder...make sure u fully clear on this exercise b4 put in too much your hard earned....

Posted by Steven Yong > 2014-10-01 16:19 | Report Abuse

hOLDING POWER IS THE KEY TO SUCCESS INVESTING, BUY AND HOLD, EARN 30% HOHOHO

Posted by Jim Sted Power > 2014-10-01 16:22 | Report Abuse

can buy or not?

Posted by Cowboy > 2014-10-01 16:22 | Report Abuse

CB totally dont need to do business. Very S.....

Posted by DANIELSKS > 2014-10-01 16:35 | Report Abuse

HLI's eps for FY2014 is 0.54 and does not include the cement business so it will not lose an income stream though there will be a slight reduction of RM10M from Hume Concrete. Narra's eps will be above 0.20 with the completion of the exercise. If one will to assign a PER of between 12 to 15 times, there's no cause for concern. So just sit tight.

Posted by Cowboy > 2014-10-01 17:00 | Report Abuse

180m - 10m = 170m, it means about 5.5% lesser.

Posted by DANIELSKS > 2014-10-01 17:16 | Report Abuse

I have read somewhere in an investment write-up that the 10M contribution will be compensated by savings from their redemption of high interest MTN with disposal of lower yield unit trust. So there's negligible effect on their bottom line.

Posted by Cowboy > 2014-10-01 17:27 | Report Abuse

This means that holding both the companies sum at this level is still very confortable.

Posted by Steven Yong > 2014-10-01 18:04 | Report Abuse

COST RETURN 1000
HLIND 8.48 8527.16 7,400.00
NARRA 4.90 5,292.00
8527.16 12,692.00
4,164.84
48.8%

Posted by 8wpwtmt8 > 2014-10-01 20:05 | Report Abuse

Dear Mr Steven Yong, may I know whether my evaluation below is correct or not:

Based on today's closing price of HLIND and NARRA, on ex-date and within 8 trading days after entitlement date,

1000 units HLIND (RM8.47 - RM1.08 = RM7.39) and free 1080 units NARRA (1.08 X RM4.65 = RM5.02). Total value in hand = RM7.39 + RM5.02 = RM12.41.

Posted by Novice168 > 2014-10-01 21:13 | Report Abuse

Market will value HL-ind for EPS at 54 sens at 15 times PE = RM 8.10 plus Narra 1.08 x RM 4.65= RM 5.02 + RM 8.10 = RM 13.12. ? The stock exchange may adjust HL-ind share by RM1.08; then 8wpwtmt8 calculation is more accurate? In any case the share prices will go up further.

Posted by Novice168 > 2014-10-01 21:29 | Report Abuse

So people who sold yesterday may not know of the bonus share issue or their T3 is up?

Posted by 8wpwtmt8 > 2014-10-01 21:36 | Report Abuse

Thanks Novice168, we must hold on to the HLI shares until 5.00 pm 16 October 2014 to be entitled to be given the Narra shares within 8 market days, that is, 29 October 2014.

Posted by Steven Tan > 2014-10-01 21:38 | Report Abuse

Again...still don understand why last half suddenly drop like shit on CA...freaking 18% down......seriously

Posted by Steven Yong > 2014-10-01 21:41 | Report Abuse

Technically correct. But in reality, narra stock price might drop, since ppl get it for free. Also hlind might sell. So?

Posted by Steven Yong > 2014-10-01 21:44 | Report Abuse

Ppl who got free narra will want to lock in profit. So they will sell as soon as possible. Unless a good reason to hold. Nvr underestimate hl , i would suggest hold on narra, as it is looking expansion in capacity.

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

hold on tight. Wish you luck. I know a johor sifu buy ard8.50. He see value of ard 11. Lets see next few weeks.

Posted by Jim Sted Power > 2014-10-01 23:34 | Report Abuse

So what would be the ideal price for both HLind and Narra after that exercise?

Posted by Steven Yong > 2014-10-02 00:06 | Report Abuse

No such thing as ideal price.

Posted by Cowboy > 2014-10-02 02:38 | Report Abuse

Very worst case, HLI's 2013 lowest 3.98 + Narra's lowest after capital reduction 4.40*1.08 = 8.732 why u worry about the current price, it is at discounted level. It can only be better.

Posted by happyman > 2014-10-02 04:22 | Report Abuse

I think every body is getting over excited over the adjustment of par value 1.08 from HLI upon ex .this is only a theoretical price !!! how the market will react nobody knows ! it depend on how much PE investors and fund manager willing to hold for HLI.....As for the CA just imagine what will happen , if the exercise price of 7.20 is adjust down by 1.08 but the actual market only willing to hold HLI at 5.00 or 6.00....tell me what will happen to the CA ??????? Steven yong ! Kclow !!! isn't is the CA is worthless ....OMG !!!