HONG LEONG INDUSTRIES BHD

KLSE (MYR): HLIND (3301)

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Last Price

14.40

Today's Change

+0.24 (1.69%)

Day's Change

14.02 - 15.74

Trading Volume

113,100


7 people like this.

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

Steven Yong

1,251 posts

Posted by Steven Yong > 2014-10-12 19:27 | Report Abuse

Wosrt just started. Will go lower once ex.

happyman

168 posts

Posted by happyman > 2014-10-13 09:25 | Report Abuse

steven yong , on fridat u just asked people to buy on Monday, on Monday you say worse just started......are u the same person ?

rc15

186 posts

Posted by rc15 > 2014-10-13 09:28 | Report Abuse

There are lots of idiots n psycho in I3...

rc15

186 posts

Posted by rc15 > 2014-10-13 09:30 | Report Abuse

Hlind will certainly go lower after Ex, anyway you will get 1.08 Narra in return...whether you can make or not depends on how much Hlind trades after Ex and how much Narra trades upon listing of the new shares

rc15

186 posts

Posted by rc15 > 2014-10-13 09:32 | Report Abuse

From Narra's thread....

Steven Yong You sure? I think limit up soon. It's cement biz expanding like crazy
01/10/2014 00:59

bearguy it pattern gone alrdy. be alert.
07/10/2014 16:45

Steven Yong Once ex, lucky if can we above 4.
12/10/2014 19:28

novice168

191 posts

Posted by novice168 > 2014-10-13 10:16 | Report Abuse

Really strange that HLind share prices still so low; 1.08 Narra = 1.08 X 4.25 = RM 4.59; which means HLind is worth only 7.30-5.59 = RM 2.71????

humbleboy

210 posts

Posted by humbleboy > 2014-10-13 11:13 | Report Abuse

hope u guys make some money tdy

humbleboy

210 posts

Posted by humbleboy > 2014-10-13 11:14 | Report Abuse

selling later and not goin to exercise it

happyman

168 posts

Posted by happyman > 2014-10-13 12:08 | Report Abuse

is kclow n steven yong the same person ?

Tyho

6 posts

Posted by Tyho > 2014-10-13 12:42 | Report Abuse

Can assume same fella.

Steven Yong

1,251 posts

Posted by Steven Yong > 2014-10-13 13:40 |

Post removed.Why?

Cowboy

365 posts

Posted by Cowboy > 2014-10-13 13:58 | Report Abuse

Just ask yourself, r u willing to sell HLI at below 4.80? Sell Narra at below 4.50 after ex?

novice168

191 posts

Posted by novice168 > 2014-10-13 14:04 | Report Abuse

I put most of my money on this counter. Will see if the gamble is profitable soon; after ex-date. I know a senior person from HLind group is buying big also though my remisier.

novice168

191 posts

Posted by novice168 > 2014-10-13 14:34 | Report Abuse

I think many people will sell Narra after ex if Narra remain above RM 4. Because its fundamental not as good as HLI. I shall keep HLI even after ex, because I believe in its fundamental. I'm an investor, not trader. Hope we exchange ideas here, not here to encourage people to buy or sell. Hope we can help each other to get more updated and relevant information. Good luck and God bless everyone.

DANIELSKS

222 posts

Posted by DANIELSKS > 2014-10-13 14:49 | Report Abuse

Price shooting up as expected. My preference is to hold Narra as it's projected eps is 0.23 and it's peers are currently trading at 20x PER. Furthermore they are currently embarking on their expansion project which will double their production capacity. So barring a collapse in cement price, it should have more potential.

huat888

514 posts

Posted by huat888 > 2014-10-13 14:52 | Report Abuse

after divesting concrete biz to Narra, what remain still profitable?

Posted by ericoconut > 2014-10-13 15:01 | Report Abuse

For your reference: http://klse.i3investor.com/blogs/icon8888/48750.jsp

DANIELSKS

222 posts

Posted by DANIELSKS > 2014-10-13 15:04 | Report Abuse

After the divestment of the concrete and cement business to Narra, HLI will still have Yamaha, guocera tiles, fibre board and newsprint which contribute an eps of more than 0.50.

huat888

514 posts

Posted by huat888 > 2014-10-13 15:34 | Report Abuse

tq for the info!!

DANIELSKS

222 posts

Posted by DANIELSKS > 2014-10-13 15:48 | Report Abuse

erico, the writer's assumption on the paid up is erroneous as it is 379M and not 479M and as such the computation on value that followed from that is flawed.

Steven Yong

1,251 posts

Posted by Steven Yong > 2014-10-13 15:49 | Report Abuse

Who cares, i make money...

Posted by ericoconut > 2014-10-13 16:02 | Report Abuse

Daniel, I'm not sure about that. But I guess NARRA paid up capital after EX should be around 479.1 M

DANIELSKS

222 posts

Posted by DANIELSKS > 2014-10-13 16:31 | Report Abuse

After the capital reduction and share consolidation exercise in August, Narra's issued and paid-up capital became 31,093,800 shares. They are issuing 348M new shares to HLI so their total paid-up became 349M. This info can be obtained from their Bursa announcement.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2014-10-13 17:23 | Report Abuse

So HLIND ex at RM7.51. It will start trading at RM6.43 tomorrow. Very like it will gap down. Don't know can sell at what price? And all eyes will be at Narra starting tomorrow. Don't know what is it price on 29.10.2014 when its new shares start flooding the market???

novice168

191 posts

Posted by novice168 > 2014-10-13 17:30 | Report Abuse

Daniel, 31 millions + 348 Millions = 379 millions?

Cowboy

365 posts

Posted by Cowboy > 2014-10-13 18:02 | Report Abuse

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”).
Still cant sell HLI in the next 2 days.

Cowboy

365 posts

Posted by Cowboy > 2014-10-13 18:21 | Report Abuse

1) The above Company's securities will be traded and quoted [ "Ex - Offer" ] as from : [ 14 October 2014 ]
2) The last date of lodgement : [ 16 October 2014 ]
This means to buy HLI on 14, 15 and 16 still entitle Narra share?

Cowboy

365 posts

Posted by Cowboy > 2014-10-13 18:33 | Report Abuse

It is tricky, those who sell HLI on 14~16 is not entitle for Narra.

novice168

191 posts

Posted by novice168 > 2014-10-13 18:45 | Report Abuse

buy tomorrow still entitle ?

Steven Yong

1,251 posts

Posted by Steven Yong > 2014-10-13 18:48 |

Post removed.Why?

Steven Yong

1,251 posts

Posted by Steven Yong > 2014-10-13 18:53 | Report Abuse

Mkt so weak, ready to see it drop to near 6. Narra after friday maybe 3. Those buy today will sell fast to lock in profit in uncertainty. Then slowly you will see both climb back. Why. Cements the sa

Cowboy

365 posts

Posted by Cowboy > 2014-10-13 19:11 | Report Abuse

14~16 traded "as" ex, the entitlement date is 16th 5:00 pm.
Read the Bursa announment carefully. Pls.

Steven Yong

1,251 posts

Posted by Steven Yong > 2014-10-13 19:30 | Report Abuse

Anyone bother explain to this noob.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2014-10-13 20:17 | Report Abuse

To Cowboy: Explanation by DANIELSKS
DANIELSKS The ex-date indicates that the seller will get the distribution and not the buyer. The entitlement date is for the company to identify and confirm the rightful holder THAT EXIST IN THEIR RECORD on the said date and time. After the verification they will then credit the Narra shares into your CDS a/c WITHIN 8 market days from that date. In a nut shell, you can't sell your Narra shres until it's credited into your a/c but you can sell your HLI shares immediately on the ex-date. It's similar to dividend payout.

Steven Yong

1,251 posts

Posted by Steven Yong > 2014-10-14 00:14 |

Post removed.Why?

Posted by omegacankill > 2014-10-14 00:30 | Report Abuse

so many noobies.....
share market is a dangerous place
u may lost ur hard earned money here
pls do some homeworks

Steven Yong

1,251 posts

Posted by Steven Yong > 2014-10-14 08:53 |

Post removed.Why?

happyman

168 posts

Posted by happyman > 2014-10-14 08:58 | Report Abuse

4.51...

happyman

168 posts

Posted by happyman > 2014-10-14 09:01 | Report Abuse

disaster ......!!!!!

happyman

168 posts

Posted by happyman > 2014-10-14 09:03 | Report Abuse

looks like a lot of contra player got to cut now !!!!! OMG!!!!

Steven Tan

393 posts

Posted by Steven Tan > 2014-10-14 09:03 | Report Abuse

what happen ? sudden drop so much?

happyman

168 posts

Posted by happyman > 2014-10-14 09:05 | Report Abuse

unbelievable ...no buyer...

twim

302 posts

Posted by twim > 2014-10-14 09:06 | Report Abuse

Way limit down for such a good co.

as1915000

1,010 posts

Posted by as1915000 > 2014-10-14 09:07 | Report Abuse

go holland

twim

302 posts

Posted by twim > 2014-10-14 09:07 | Report Abuse

Very curious on wats the story

Posted by stephenbond > 2014-10-14 09:08 | Report Abuse

limit down

happyman

168 posts

Posted by happyman > 2014-10-14 09:08 | Report Abuse

damage damage damage

happyman

168 posts

Posted by happyman > 2014-10-14 09:09 | Report Abuse

HLI-CA buyer at 0.04....

rc15

186 posts

Posted by rc15 > 2014-10-14 09:11 | Report Abuse

In the first place, couldn't understand why Bursa set the reference price basing on RM1.08 and not the market price of Narra (RM4+). It gives a false picture....

twim

302 posts

Posted by twim > 2014-10-14 09:12 | Report Abuse

Meaning can hentam da fella kah ?

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