Posted by twim > 2014-10-14 09:13 | Report Abuse

Need to read up the entitlement between narra n hli. Those buying today better know the deal first

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

U buy Hlind today means u pay for Hlind only.....nothing to do with Narra

Posted by happyman > 2014-10-14 09:16 | Report Abuse

4.51+ 3.00of narra= 7.51 back to square one !!!!!

Posted by xenolover > 2014-10-14 09:17 | Report Abuse

buy in panic, catching falling knife, damn

Posted by happyman > 2014-10-14 09:20 | Report Abuse

first time I see this type of transaction ....

Posted by rc15 > 2014-10-14 09:26 | Report Abuse

If it adjust by the market price of Narra (Rm4+), then you wouldn't c this kind of so called "limit down".... LPPL

Posted by stockcrazy > 2014-10-14 09:26 | Report Abuse

i believe will have another limit down on second half later...

Posted by Steven Yong > 2014-10-14 09:28 | Report Abuse

Yahoi.... limit down, yeah

Posted by omegacankill > 2014-10-14 09:31 | Report Abuse

one day one limit down only

Posted by novice168 > 2014-10-14 09:32 | Report Abuse

The syndicate that talk this stock up, so that so many ignorant people lose so much money and the syndicate make so much money. Bless them so they don't suffer bad karma.

Posted by Tyho > 2014-10-14 09:36 | Report Abuse

Already ex la..

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

syndicate that spread rumour that it is going 12-15 sure have bad karma

Posted by Patrick Ngian > 2014-10-14 10:06 | Report Abuse

mega sales today?

Posted by Steven Yong > 2014-10-14 10:17 | Report Abuse

U mean kclow the cyndi cat bimbo, like leno the angry cat.

Posted by slkjames > 2014-10-14 10:32 | Report Abuse

any body know HLI limit down ?

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

Fair price for HLI after x be 3.9...tp 8.81- narra 4.50x1.08

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

When panic sets in, fundamentals go down the drain. If you manage to sell HLI at 4.51, you can still make some profit as I believe that Narra will stay above 4 in the mid term which give you a price of 8.83. 4.51 for a counter with eps of 0.54 is quite cheap but noone cares when market is so bad.

Posted by novice168 > 2014-10-14 11:54 | Report Abuse

closing price last night = 7.51. So Ex price should be = 7.51 - 1.08 = 6.43, right?. Normally the counter should start trading at 6.43, and may be gradually sell down if investors has no confidence, yes? But the counter started trading at 6.43 - 30% = 4.51 !! at 9am. May be Big syndicate already planned to shock the market from the very start. Does not seem logical that the whole market think to limit down from the start. Do you think big syndicate is playing? I am a novice losing money in this , sad. But this is life. I shall learn from this, make friends with syndicate, ha ha.

Posted by DANIELSKS > 2014-10-14 12:04 | Report Abuse

Some statistics which can hopefully lift the doom and gloom. Going by previous years record, HLI will probably be announcing the interim dividend (10-11 cents for the past few years) for FY2015 between mid to late November with ex and payment date in December. Their eps for FY2014 was 0.54 and dividend was 0.25 which give a decent dividend yield of 5.54% and a PER of 8.35x based on the current price of 4.51. Their NTA is above RM4. There will be having their agm this thursday. But like I said, when market panics people becomes irrational. So hope this calm some jitters.

Posted by DANIELSKS > 2014-10-14 12:13 | Report Abuse

Novice, this is to be expected. The ex-price is merely a reference price and most would have factored in the true value of Narra. You must understand that the recent buyers bought their shares at below RM8. Now by selling HLI at 4.51 and above, their remaining cost becomes around 3. They will be hoping to sell their Narra at 4 which will equals to 4.32 (1.08 x 4) giving them a profit of more than 10%. Of course they are hoping that Narra's price is sustainable.

Posted by DANIELSKS > 2014-10-14 12:19 | Report Abuse

And it wasn't limit down right from the start. About 400 big lots were done between 4.80 to 4.52 before that.

Posted by akh731 > 2014-10-14 13:21 | Report Abuse

afternoon another limit down?

Posted by ericoconut > 2014-10-14 13:26 | Report Abuse

Fundamental of HLIND no change. Now 4.51 + (1.08 x 3.87) = 8.68.
Perhaps 5pm will be 4.00 + (1.08 x 3.30) = 7.56 (still earn 0.05 cents compare yesterday) :-)

Posted by novice168 > 2014-10-14 13:47 | Report Abuse

There will be additional 350 millions Narra shares in the market by this Friday, difficult to guess its market price then. May be Narra shares was push high high to temp ignorant novice to buy HLI? A lot to learn how to stay away from big sharks, and focus only on solid fundamentals.

Posted by ericoconut > 2014-10-14 13:57 | Report Abuse

Personnelly, I don't think so. The reason behind why they want to have capital distribution is to release the value of cement business.

Posted by rc15 > 2014-10-14 14:06 | Report Abuse

Or to sell Narra at high price indirectly thru Hlind?

Posted by rc15 > 2014-10-14 14:08 | Report Abuse

When u bought Hlind at RM7-RM8+ before Ex, u are actually paying RM3-RM4 for Narra.....

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

I agree too. Normally sharks stay away from HL companies as they are tightly controlled and the prices are too high. In most days the volume transacted is quite limited. Yes, focus on the solid fundamentals and I believe that you can't go wrong with Quek's counters. Currently there's too much turbulence in the market that it's difficult to see the true value. You can gauge Narra's value by it's projected eps of 0.23 and the current expansion is expected to double it's capacity. It's true value will emerge. I don't think you are losing yet unless you buy at the top at 8.81.

Posted by nice1 > 2014-10-14 15:25 | Report Abuse

what is the story, see major waterfall

Posted by Duitlai > 2014-10-14 15:39 | Report Abuse

If opportunity arrive at PE 6.00 collect,

Posted by JoLee375 > 2014-10-14 15:50 | Report Abuse

How come there is no trading this afternoon?

Posted by Teddy Tiong > 2014-10-14 16:59 | Report Abuse

close shop

Posted by xenolover > 2014-10-14 17:04 | Report Abuse

tomorrow another limit down.

Posted by Steven Tan > 2014-10-14 19:01 | Report Abuse

Actually I am really curious , and want to know why no bidding at all...so strange... something is really not right here....and the only active one is the CA... but price keep pushing down ....weird....

Posted by Steven Tan > 2014-10-14 19:14 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2014/10/14/Hong-Leong-Industries-slides-after-going-ex/?style=biz

Posted by steady > 2014-10-14 19:17 | Report Abuse

why limit down? can anyone share? due to ex-date today?

Posted by Steven Yong > 2014-10-14 19:42 | Report Abuse

Obviously someone press down price, then someone panic selling. Then no more volume. Why? Too many strongholders. No 9ne want to let go. I bet it will go back 6 near term. Then 7

Posted by kk123 > 2014-10-14 21:18 | Report Abuse

Biasa la.. U get free narra so it's shld be 4.5
But maybe there is some auto trade ..
If a robot/program is trading , it will just sell and may not see the ex price

Posted by xenolover > 2014-10-14 21:25 | Report Abuse

Robosell, a hero of the day

Posted by 8wpwtmt8 > 2014-10-14 21:43 | Report Abuse

This Quek is really smart. No one expected HLIND to hit limit down on ex-date. By pushing the price to hit limit down, investors got to chance to sell at all (at limit down, there is no quotation of buyers, only got quotation of sellers). Negative RM1.92 and negative RM1.08 will be negative RM3. And to make situation worse, Narra shares will only be given on 29.10.2014, that is, 11 market days after ex-date. By that time, Narra could fall to RM3. So, everything come back to square. No free gain at all.

Posted by CleverBoy > 2014-10-14 22:11 | Report Abuse

What goes up must come down. X-date means adjustment downwards. Play over lar. If u holding HLI plus Narra at 3. Sell both u have MR8 at todays closing prices!!

Posted by Win188 > 2014-10-14 22:39 | Report Abuse

will HLI limit down again tomorrow?

Posted by Cowboy > 2014-10-15 02:14 | Report Abuse

Ir is just far beyond the correction level is should be compare to the overall market. More than 80%?????? No logic.
Just let the sellers sell.

Posted by happyman > 2014-10-15 09:23 | Report Abuse

all the confusion n panic is actually HLI EX adjustment is by par value of narra which is 1.08 . so 7.51-1.08=6.43 (reference) HLI yesterday close 4.51. therefore 6.43-4.51=1.92 limit down .....if the adjustment is market price of narra ...meaning 7.51-4=3.51 but HLI close 4.51 . it should reflect +1.00 . which is the top gainer of yesterday ....Got it ? don't be confused again..... yesterday HLI 4.51+ narra4= 8.51 ....all of you are making a lot of money !!!! Got it ?????????????????????

Posted by rc15 > 2014-10-15 09:34 | Report Abuse

Make a lot or not depends on how much you could sell yr Hlind and Narra....

Posted by rc15 > 2014-10-15 09:35 | Report Abuse

Bursa has done a stupid damn thing to base on Par Value and cause all these confusion.....

Posted by rc15 > 2014-10-15 09:45 | Report Abuse

KClow now u talk more sense...

Posted by happyman > 2014-10-15 09:45 | Report Abuse

kclow ,now suddenly u sound sensible ,logical and level headed, can you continue to be this way ?? everbody will respect you if u do unless for some hidden agenda or reasons you are unable to ... then its yr karma you are facing

Posted by rc15 > 2014-10-15 09:47 | Report Abuse

No point to earn little money by cheating and misleading others...just like KYY

Posted by rc15 > 2014-10-15 09:56 | Report Abuse

Div yield is ard 6% at this level...if Quek wanna make it lower pls.....