Posted by happyman > 2014-10-02 04:32 | Report Abuse

steven yong , kclow ! since everybody knows the theoretical price will be adjusted by 1.08...why is the market not pushing for a limit up on HLI ??? why? why ? why ? why? is it because the market don't believe the actual price will only be adjusted by a mere 1.08.!!! it should adjust by much much much more upon ex !!!!!!!!!!!!!!!!!!!!!!!!!

Posted by Steven Yong > 2014-10-02 06:28 | Report Abuse

I can only say malaysia stock mkt lots of idiots.buy cw, then sell hlind. We are growing in idiot racy education system, thus in stock mkt these grown up dunno how to even think.

Posted by rc15 > 2014-10-02 06:38 | Report Abuse

Happy man,u sounds rational n experienced..

Posted by rc15 > 2014-10-02 06:41 | Report Abuse

Where is the joker kclow?always posted unrealistic to of rm12-15 n then deleted all his comments....beware of him....

Posted by Steven Yong > 2014-10-02 06:42 | Report Abuse

Kclow sell and cabut

Posted by rc15 > 2014-10-02 06:46 | Report Abuse

Dont worry....u will c him again when hlnd goes up......

Posted by rc15 > 2014-10-02 06:50 | Report Abuse

Is kclow the same joker as optimus1-10000?similar pattern....

Posted by captainrpes > 2014-10-02 07:23 | Report Abuse

I believe CA will adjust his exercise price n ratio according to the mother prices after the Ex date. Same patern as CMSB. Well, must have holding power.

Posted by Steven Yong > 2014-10-02 07:46 | Report Abuse

What a great news, dow jones drop 2%. Can accumulate sure win stocks like hlind, jobst.

Posted by Novice168 > 2014-10-02 09:13 | Report Abuse

Anyone knows the forecast earnings (EPS) of Narra? EPS of HLind is 54 sens (TTM). but I don't know what is it for Narra with the cement opration.

Posted by Jim Sted Power > 2014-10-02 09:16 | Report Abuse

KClow how much will HLind and Narra after the exercise

Posted by rc15 > 2014-10-02 10:17 | Report Abuse

KClow BUY HLIND GOING TO RM12 soon then RM15
02/10/2014 09:13

KClow BUYYYYYYYYYYYY
02/10/2014 09:14

Jim Sted Power KClow how much will HLind and Narra after the exercise
02/10/2014 09:16

KClow total hlind will be between rm12 to rm15 before to one week after the exercise then the price will stabilise... narra will be go down a bit after the exercise but only for a day or two.. then narra will go up again.. so i total calculate the worth of hlind if u buy today at rm8.5 is between rm12 and rm15 from before xdate to one week after xdate so u can make 15 minus 8.5 about rm6.5 in one month.. i think this..
02/10/2014 09:31

KClow u want to make rm6.5 on one month???? u want too then buy HLIND.. this is what i know.. u dont have to listen to me or anything.. OK..
02/10/2014 09:32


Just to keep it here as a record...as u will delete all yr postings after a while

Posted by happyman > 2014-10-02 10:28 | Report Abuse

we all pray very very very hard that what kclow says come true , u know why ?because all of us in this chat room are already shareholders of HLI ,some bigger some smaller, some at higher cost some at lower cost......kclow if HLI go up to 12-15 within weeks ,you are beautiful !!!!even though you sound very weird...

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

Novice, the projected eps of Narra after the excercise is slightly above 0.20.

Posted by rc15 > 2014-10-02 10:40 | Report Abuse

No lah..I c yr posting pattern a bit funny loh...posted the same msg and delete them again n again...So i decided to keep yr record here so that I can praise you 99 once it reachs RM12 and then RM15...U will become Hero and even God in this thread!!!!!

Posted by rc15 > 2014-10-02 10:43 | Report Abuse

I will even call u "God of HLIND" wherever u go in I3 if yr TP achieved....

Posted by Jim Sted Power > 2014-10-02 10:49 | Report Abuse

RM8.40 bought! Please up up up

Posted by Cowboy > 2014-10-02 10:52 | Report Abuse

Someone is spreading rumour in the newspaper that cement price drop by 40%.
Head line of China Press.

Posted by Novice168 > 2014-10-02 10:59 | Report Abuse

Thank you DANIELSKS, Narra EPS RM0.20 plus HLind EPA RM0.54 = RM 0.74 xPE15 = RM 11.1. No need to worry.

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

The normal rebate practice is about 40%.

Posted by NKBlog > 2014-10-02 11:06 | Report Abuse

Cowboy, where lah got 40% rebate? You probably get 10 - 15% rebate....

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

The FY2014 nett profit from Hume Cement is 71M and 10M from Hume Concrete. According to UOB KayHian this is despite Hume Cement commencing commercial operations only in April 2013 with low utilisation rates of 73-75% (vs the current level of more than 80%). Assuming a 85% utilisation rate they have projected a 90M profit for Narra in FY2015 which works out to an eps of 0.23.

Posted by Cowboy > 2014-10-02 11:16 | Report Abuse

Profit of 90m has to divided by 480m share (after distribution), eps=0.1875. The PE of cement plant is about 25, so should be 4.68.

Posted by DANIELSKS > 2014-10-02 11:22 | Report Abuse

Cowboy, after the recent Narra's capital reduction and the 348M new shares issued to HLI, the paid up is 379M, not 480M, so the eps is 0.23.

Posted by Cowboy > 2014-10-02 11:27 | Report Abuse

Enlarge issued and paid-up share capital is 479,093,800 share @ par value RM 1.00

Posted by rc15 > 2014-10-02 11:48 | Report Abuse

KClow, u got me wrong...I am simply admired by your bold forecast and I am ready to call you "God of HLIND" when yr TP of RM12 and then RM15 comes true...Bravo my bro...

Posted by Novice168 > 2014-10-02 11:52 | Report Abuse

Dow Jones and S&P are both down. This may have an effect in pulling the entire share market down too.

Posted by DANIELSKS > 2014-10-02 11:58 | Report Abuse

Cowboy, the paid up capital of Narra as at 1st July 2014 (before the capital reduction) is 62.188M shares which was halved after the exercise. This info can be obtained from their 2014 annual report. Combined with the new shares of 348M, it's only 379M.

Posted by rc15 > 2014-10-02 12:00 | Report Abuse

KCLow, U are my man!!!!Dare to dream !!!! But dont delete yr postings...let others know what a great forecast u made later...Bravo!!

Posted by Cowboy > 2014-10-02 12:31 | Report Abuse

It is not just less 1.08, 1.08 has to x Narra price.

Posted by Cowboy > 2014-10-02 12:45 | Report Abuse

Danie, I feel confortable with the computation using 480m; if 379m is correct, better still for us.

Posted by 8wpwtmt8 > 2014-10-02 13:14 | Report Abuse

Based on Wednesday 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.

If this is correct, why people are still selling HLIND???

Posted by Novice168 > 2014-10-02 13:38 | Report Abuse

May be (and hopefully) they are just the contra kaki; riding on the fast climbing stock prices, now they are forced to sell; too expensive to pick up for them. Or may be they are swing traders that are not aware of the Narra share offers. Can't think of anything else.

Posted by DANIELSKS > 2014-10-02 13:49 | Report Abuse

8wpw, in your scenario you are assuming that HLI price can be maintained at that level after the Narra share has been distributed. Realistically HLI price will drop after the ex-date as the deduction is based on Narra's par value and not market value which somewhat distort the price. The price of Narra has already been factored in by most investors. Having said that, there is still a lot of room for HLI to move up from it's current level.

Posted by happyman > 2014-10-02 14:52 | Report Abuse

so many people keep thinking that upon ex HLI will be adjusted by 1.08....please 1.08 is only a reference price .. the ex HLI price will be determined by the market. it can be 4 or 5 or 6 or 7.....if 4,5 people will be disappointed ..if 6,7 then it will be good ...too early to tell , some even think it will be 12 before ex .....

Posted by happyman > 2014-10-02 15:11 | Report Abuse

now everybody knows what is EVIL !!!!

Posted by Cowboy > 2014-10-02 15:44 | Report Abuse

KC, U r the one suppose to disappear from this forum.

Posted by 8wpwtmt8 > 2014-10-02 15:47 | Report Abuse

Very very good news: I have called the market operation of Bursa Malaysia, Puan Wan Ezrin, telephone number 03-20347548. It is 100% confirmed that HLI share price after ex-date will only be minused RM1.08 and not the price of Narra. You all can contact her yourself to reconfirm.

Posted by 8wpwtmt8 > 2014-10-02 15:48 | Report Abuse

Better add more HLI shares to our portfolio these few days before 14.10.2014 but must hold on to it until 5.00 pm 16.10.2014.

Posted by 8wpwtmt8 > 2014-10-02 15:48 | Report Abuse

Now we still have Narra RM4.54 - RM1.08 = RM3.46 cushion. Unless both Narra + HLI fall by RM3.46 by ex-date, then susah. I think the boss Quek won't let that happen.

Posted by 8wpwtmt8 > 2014-10-02 15:49 | Report Abuse

When price of HLI dips some more, let's say below RM8.00, can add HLI shares to your collection.

Posted by omegacankill > 2014-10-02 15:50 | Report Abuse

there's a sucker born every second...

Posted by 8wpwtmt8 > 2014-10-02 15:56 | Report Abuse

Dear Danielsks, after ex-date on 14.10.2014, we still cannot sell our HLI yet. We have to hold until 5.00 pm 16.10.2014 (the entitlement date). We can only sell HLI on 17.10.2014 (the price after minus RM1.08). Then we will be given Narra shares only within 8 market days from the entitlement date, that is, on 29.10.2014.

In my opinion, after ex-date both HLI and Narra shares will be under tremendous selling pressures. As I have said, we still have Narra RM4.54 - RM1.08 = RM3.46 cushion.

Posted by omegacankill > 2014-10-02 15:57 | Report Abuse

novices pretend to be experts..

Posted by cskek81 > 2014-10-02 16:09 | Report Abuse

So, KC admits that he is wrong?

Posted by rc15 > 2014-10-02 16:17 | Report Abuse

KC from God of Hlind to Dog of Hlind...

Posted by rc15 > 2014-10-02 16:19 | Report Abuse

As expected, the joker deleted all his postings....

Posted by rc15 > 2014-10-02 16:19 | Report Abuse

Anyway he will be back if Hlind shoot up later

Posted by Cowboy > 2014-10-02 16:58 | Report Abuse

There wont be big selling pressure cos the sum of these 2 shares is at the very low level.
Majority of HLI holders are long term investor.

Posted by 8wpwtmt8 > 2014-10-02 16:59 | Report Abuse

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

1000 units HLIND (RM8.26 - RM1.08 = RM7.18) and free 1080 units NARRA (1.08 X RM4.47 = RM4.83). Total value in hand = RM7.18 + RM4.83 = RM12.01.

Compared to Wednesday's total value in hand RM12.41, today itself our investment drops by 40 sens.