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

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2014-09-11 15:19 | Report Abuse

Dear Mr Jasonwong89 and Mr Duitlai, roughly when the ex-date will be? Really got potential go above RM10? Today seems no buying volume. Selling pressure is very strong.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2014-09-11 16:02 | Report Abuse

Good to buy now. Down on thin volume is positive signal to collect if we look positively at what Mr RC15, Mr Jasonwong89, Mr Cowboy and Mr Duitlai have commented.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2014-09-11 17:17 | Report Abuse

http://klse.i3investor.com/blogs/rhb/46354.jsp

RHB Research target price is RM8.57.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2014-09-11 17:23 | Report Abuse

Cum-FV is MYR8.57.

The present market value of NARRA also suggests there is more upside from our FV, as its last close suggests that HLI could be worth MYR9.49 on a cum-dividend basis at the former’s last close.

It might also strike RM9.49 before ex-date according to RHB research.

Posted by jasonwong89 > 2014-09-11 22:07 | Report Abuse

I heard ex date will be late Oct.

HamSubBoy

177 posts

Posted by HamSubBoy > 2014-09-12 12:01 |

Post removed.Why?

mfaizalm80

456 posts

Posted by mfaizalm80 > 2014-09-12 12:03 | Report Abuse

psd57 and abu aufa, our team still accumulating hlind...accumulate..gd luck

Cowboy

365 posts

Posted by Cowboy > 2014-09-12 12:13 | Report Abuse

The report from RHB is totally out.

nkblog

104 posts

Posted by nkblog > 2014-09-12 16:25 | Report Abuse

Today very sui....

Cowboy

365 posts

Posted by Cowboy > 2014-09-12 16:27 | Report Abuse

KLL must be banging ball at this moment. Very big mount about 1 month ago.

rc15

186 posts

Posted by rc15 > 2014-09-12 16:28 | Report Abuse

Likely to annouce Ex date today...

mfaizalm80

456 posts

Posted by mfaizalm80 > 2014-09-12 16:30 | Report Abuse

psd57 and abu aufa,,our team still collecting and accumulating hlind......no contra play...pick up and hold.....gd luck

HamSubBoy

177 posts

Posted by HamSubBoy > 2014-09-12 16:31 |

Post removed.Why?

mfaizalm80

456 posts

Posted by mfaizalm80 > 2014-09-12 16:33 | Report Abuse

psd57 and abu aufa, pls refer to my previous comments....accumulate and hold......gd luck

mfaizalm80

456 posts

Posted by mfaizalm80 > 2014-09-12 16:36 | Report Abuse

psd57 and abu aufa,, our tp still maintain...accumulate, pls refer to my previous comments...keep and hold

mfaizalm80

456 posts

Posted by mfaizalm80 > 2014-09-12 16:43 | Report Abuse

psd57 and abu aufa, we reaffirm our accumulating.....accumulate..dg luck

Cowboy

365 posts

Posted by Cowboy > 2014-09-12 16:44 | Report Abuse

Most likely announment will be made on late Oct or early Nov.

rc15

186 posts

Posted by rc15 > 2014-09-12 16:53 | Report Abuse

Nope, it shall be earlier, most likely in Sep.Court order is being obtained, no more hurdle....

Cowboy

365 posts

Posted by Cowboy > 2014-09-12 17:08 | Report Abuse

When it the announment is not really that important. The most of all is that the current price is still very far from it fair price.

nkblog

104 posts

Posted by nkblog > 2014-09-12 17:29 | Report Abuse

Agree with Cowboy

stncws

10,729 posts

Posted by stncws > 2014-09-12 17:30 | Report Abuse

tp 9.5

林俊松

6,930 posts

Posted by 林俊松 > 2014-09-12 19:35 | Report Abuse

I just enter this counter, hope I'm not too late to join the ride.
=)

Tyho

6 posts

Posted by Tyho > 2014-09-17 12:13 | Report Abuse

Choppy choppy chop .theorotical Fv stii intact

林俊松

6,930 posts

Posted by 林俊松 > 2014-09-19 18:30 | Report Abuse

What is the outlook for HLIND?
Still can enter on Monday?

Novice168

191 posts

Posted by Novice168 > 2014-09-19 19:51 | Report Abuse

The value of HLind when given 1.08 Narra shares = HLind @ 8.57 + Narra @ 5.25 X1.08 = 14.24 ? Is this correct? So it is still very cheap to buy HLind at 8.57 now?

rc15

186 posts

Posted by rc15 > 2014-09-20 08:22 | Report Abuse

Hlind shall trade at PE 10 times after ex date,that is ard rm5 basing on EPS of rm0.50.Adding back 1.08 Narra at present price, hlind shall worth abt rm10+ before ex date.anyway there could be some selling pressure on narra upon listing of the new shares later

happyman

168 posts

Posted by happyman > 2014-09-21 21:03 | Report Abuse

after ex HLI unlikely to be at 8.57. likely scenario maybe 5-6 for hli n 5 for narra . add up 10.00-11.00??

rc15

186 posts

Posted by rc15 > 2014-09-22 09:12 | Report Abuse

Hlind-CA is trading at ard 2.5% premium now, if you believe the upside potential of Hlind (RM10+), then obviously Hlind-CA is a better play

rc15

186 posts

Posted by rc15 > 2014-09-22 09:14 | Report Abuse

Hlind-Ca shall now follow the mother closely,if Hlind can touch RM9, Hlind-CA shall trade around RM0.30+...every RM0.10 rise in mother shall result to a Rm0.0167 rise in CA.

rc15

186 posts

Posted by rc15 > 2014-09-22 09:21 | Report Abuse

As long as the mother's uptrend is still intact, the CA shall generate a much higher return in terms of percentage

rc15

186 posts

Posted by rc15 > 2014-09-22 09:24 | Report Abuse

Assuming Hlind touch RM10 before ex date, CA shall trade ard RM0.46+ (at zero premium). While the return for mother is ard 16% from current price of Rm8.63, CA's return is abt 70% from current price of MR0.27

Cowboy

365 posts

Posted by Cowboy > 2014-09-22 17:29 | Report Abuse

The problem of this CA is that when announment made to distribute 1.08 of Narra, for those holding CA either dispose or topup 7.20 to convert into HLI in order to earn the Narra share.
If not, will be burnt.

Cowboy

365 posts

Posted by Cowboy > 2014-09-22 17:34 | Report Abuse

It is a time bomb, to see who is the last one holding it.

林俊松

6,930 posts

Posted by 林俊松 > 2014-09-22 18:51 | Report Abuse

Cowboy, how to convert CA if it's a call warrant but not company warrant?
It was issued by the bank but not company, European Style Non-Collateralised Cash-Settled.
Most probably the exercise price will b adjusted like CMSB call warrants.
=.="

Cowboy

365 posts

Posted by Cowboy > 2014-09-22 20:21 | Report Abuse

Pls check with ur reminsor.

happyman

168 posts

Posted by happyman > 2014-09-23 08:54 | Report Abuse

the CA exercise price likely to adjust down after ex . but to what quantum ?would it be 7.20-narra price before ex? or 7.20- an average3 month price of narra ? or any other calculation that I don't know ...any wise folk can help ?

happyman

168 posts

Posted by happyman > 2014-09-23 08:55 | Report Abuse

most remisers don't know ....

happyman

168 posts

Posted by happyman > 2014-09-23 08:58 | Report Abuse

how did the CMSB call warrants adjust down ? sure there must be some kind of guidelines , some kind of calculation ....

Cowboy

365 posts

Posted by Cowboy > 2014-09-23 11:32 | Report Abuse

Was told that unable to convert to mother share, it is just u gambling with the banker on the stock price on/before the matual date.

林俊松

6,930 posts

Posted by 林俊松 > 2014-09-23 11:49 | Report Abuse

See?? My bachelor in Actuarial Science lah, I knw more about financial market stuff than my dealer.
HLIND is a dam stupid stock to play with, I had cut lost & move on to SCIB, DGB & AT.

Posted by ericoconut > 2014-09-23 15:50 | Report Abuse

林俊松 why HLIND is stupid stock? Almost 80% gain since 02 Jan 2014 & not include dividen.

Posted by jasonwong89 > 2014-09-23 15:56 | Report Abuse

Just because he lose money on this counter. haha

Posted by ericoconut > 2014-09-23 15:58 | Report Abuse

Jason, he let me remember the story of "The Fox and the Grapes".

Novice168

191 posts

Posted by Novice168 > 2014-09-23 16:24 | Report Abuse

林俊松, Soon Hlind share holders will be given free 1.08 Narra share for every HLind share. Narra share is now trading at 5.05 . This give HLind value at 8.5 + 1.08 x 5.05 = 13.95. !

nkblog

104 posts

Posted by nkblog > 2014-09-23 17:21 | Report Abuse

Novice168, you can't calculate like that, Fair value for HLI share would be 5.00 after distribution of Narra shares; so theoretically HLI is worth 10.45. (5 + 1.08 x 5.05). This is only on paper though. Just waiting for it to cross 9.00......;o))

Duitlai

307 posts

Posted by Duitlai > 2014-09-23 17:36 | Report Abuse

Should cross the 9.00 mark by week end, is the Agm going to be held in oct???

nkblog

104 posts

Posted by nkblog > 2014-09-23 17:57 | Report Abuse

Duitlai, hope so...

happyman

168 posts

Posted by happyman > 2014-09-23 18:06 | Report Abuse

do they still need an AGM ? I tot whole exercise has been approved in last AGM few weeks ago , now waiting for announcement of exdate ???

happyman

168 posts

Posted by happyman > 2014-09-23 18:10 | Report Abuse

HLI hit historical high of 8.64 2 days ago ....most investors n punters (if not all) made money so far on this counter.. does it mean that Lim bought at 8.64, so he is losing money now ?

Cowboy

365 posts

Posted by Cowboy > 2014-09-23 20:10 | Report Abuse

There will not be any selling pressure if announment was made when price below 10 level bcas both stocks still at the cheap level, HLI 5.2 + Narra 1.08*4.6

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