HARRISONS HOLDINGS (M) BHD

KLSE (MYR): HARISON (5008)

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Last Price

8.50

Today's Change

0.00 (0.00%)

Day's Change

8.50 - 8.50

Trading Volume

7,500


3 people like this.

289 comment(s). Last comment by Income 2 weeks ago

Posted by pjforsuccess > 2012-05-09 09:54 | Report Abuse

is this stock good for investing now at this price of rm 3.20? anyone can help me ?

Rose Eu

436 posts

Posted by Rose Eu > 2012-05-09 13:11 | Report Abuse

This is a good ctr ,earning good n dividend also better than FD, recently paid special dividend of 50 cents , tyor.

kl foong

421 posts

Posted by kl foong > 2012-05-09 13:32 | Report Abuse

agree. low p/e... high div yield...nta-3.93

Posted by pjforsuccess > 2012-05-09 14:25 | Report Abuse

THANK U, i think is this counter is for long term ?

Rose Eu

436 posts

Posted by Rose Eu > 2012-05-09 20:56 | Report Abuse

2011 paid special dividend of 50 cents n final dividend of 18 cents , really yummy. You won't get heart attack holding this beauty.

tptan45

388 posts

Posted by tptan45 > 2012-05-09 21:37 | Report Abuse

Almost did get a heart attack when it was sued by Customs earlier. Couldn't let go soon enough. Wonder how the case is going on now. Until I have further information I won't touch this beauty.

Rose Eu

436 posts

Posted by Rose Eu > 2012-05-09 23:34 | Report Abuse

The case is still on going, business is as usual, it. Is just a hitch in any business. If shr bot at 4.00 n with this type of negative news ,there is knee jerk reaction n affect the price. My 2 cents.

Posted by pjforsuccess > 2012-05-10 13:46 | Report Abuse

any target price ? what is the pe of this counter ? tq.

Posted by pjforsuccess > 2012-06-20 11:42 | Report Abuse

what do u think of this stock, dividend giving ?

Posted by pjforsuccess > 2012-06-26 08:38 | Report Abuse

this counter has been moving up lately

kl foong

421 posts

Posted by kl foong > 2012-06-26 09:12 | Report Abuse

20 ct div...ex-4/07.

petepj2

5 posts

Posted by petepj2 > 2012-07-09 11:10 | Report Abuse

after dividend, now what ? it is worth to keep this stock for now in the short term ?

Posted by theng638 > 2012-09-20 22:12 | Report Abuse

Tdy this counter literally drop like a brick Is it time to sell now or keep for long term???? Will it keep giving good dividends in the long term???? Big question .see the report from the Kastam in the bursa malaysia website.

pradeep

1,324 posts

Posted by pradeep > 2012-09-20 23:27 | Report Abuse

Rose let us see whether it will break 3.00.this stock is a good stock and if the Kastam duty is paid what is the actual value?

Rose Eu

436 posts

Posted by Rose Eu > 2012-09-21 09:50 | Report Abuse

Whether Customs can win the case or not is still left to be seen,Harrisons will definitely fight hard to win this case. It may drag on for years , FA remains firm. FYI Customs does not win all the time.

Posted by theng638 > 2012-09-21 13:29 | Report Abuse

I think this is a case of some panic selling IT still remain to be seen the final results

Posted by theng638 > 2012-09-25 11:50 | Report Abuse

This counter falling Is it wise to sell now or keep it??

buybuybuy

695 posts

Posted by buybuybuy > 2012-09-25 11:55 | Report Abuse

should sell the share now. Most likely they need to pay the custom penalty which will cost them 4 years profit!!

Posted by theng638 > 2012-09-25 14:24 | Report Abuse

As at mid day tdy there is no transaction for this counter There is no transaction done There is only s very small vol of selling . THks

buybuybuy

695 posts

Posted by buybuybuy > 2012-09-25 14:36 | Report Abuse

No one wants to buy this share. That's why the volume is low. Time to sell this share if you don't want to get burn.

rlch

4,142 posts

Posted by rlch > 2012-11-21 21:12 | Report Abuse

Result out today. EPS 8.15 sen. Turnover up yoy due to increase sale of Coca-Cola and F&N diaries. Regarding custom duty of RM 91.75 million , Harrisons Trading (Sabah) Sdn Bhd (‘HTSh’) stand is still not liable to pay as previously announced.

KowChye

181 posts

Posted by KowChye > 2013-01-13 17:41 | Report Abuse

what is the outcome now with Customs penalty? Still on going dispute?

Rose

436 posts

Posted by Rose > 2013-01-13 20:34 | Report Abuse

Harrison already seeks legal advice/representation , still waiting for outcome, just wait for their announcement.

Posted by Jeremy Chan > 2013-02-16 13:45 | Report Abuse

No announcement so far even after contacted IR officer

tptan45

388 posts

Posted by tptan45 > 2013-02-16 16:19 | Report Abuse

Keep it simple. Avoid it. Then you do not have to worry about the legal news.

rlch

4,142 posts

Posted by rlch > 2013-02-17 10:57 | Report Abuse

Is the target price given in this website reliable ie RM6.49? Oldtimers here how long does this figure stand and which stockbroking firm provide it?

Posted by Cheng Kok Pin > 2013-05-21 14:19 | Report Abuse

if not because of the custom problem, Harison price will not drop to present level. So its actually an opportunity to buy a company with stable earnings and reasonable dividends. The custom problem will be resolved sooner or later and the present price has factored in this issue already.

abc_111

27 posts

Posted by abc_111 > 2013-05-21 20:42 | Report Abuse

what's the price target... admin

Posted by Cheng Kok Pin > 2013-05-22 20:30 | Report Abuse

there's no recent coverage. last coverage was 11/5/2011 by cimb research.here's the quote to rich question on tgt price.'The stock
is not on the radar screens of institutional investors or even retail research houses,
mainly because of its tight free float and an average 3-month daily trading volume of
only 0.05m shares. It is, therefore, not surprising that the stock is undervalued, trading
at a huge 60% discount to its RM9.27 SOP/share. A 30% discount to its SOP value to
reflect its poor trading liquidity pegs the stock at RM6.49'

Posted by Cheng Kok Pin > 2013-05-22 20:36 | Report Abuse

abc_111....hope this address your question too.rm6.49 is not tgt price, it is sum of parts valuation less 30%. this was 2011 valuation. take note that the customs problem happened in 2012

abc_111

27 posts

Posted by abc_111 > 2013-06-11 19:32 | Report Abuse

thanks....

juniorsia

63 posts

Posted by juniorsia > 2013-06-18 17:23 | Report Abuse

what the price would be like after dividend payment? considering previous trend..

Posted by Animal King > 2013-09-24 14:12 | Report Abuse

Anyone knows why all of the sudden Harrison is heavily traded and price is tumbling ?

soosuan

122 posts

Posted by soosuan > 2013-10-03 09:42 | Report Abuse

Harison a good buy long term, Cheng Kok Pin??

Posted by Animal King > 2013-10-03 19:25 | Report Abuse

Recently the stock been ranging from $2.90 to $3.01 with consistent volume of 20 to 40 lots despite the overall market downtrend. Any good news around the corner ? Their recent 2 quarters of financial results were not impressive compared to previous year too.

bigFAT

770 posts

Posted by bigFAT > 2013-10-11 23:21 | Report Abuse

MATERIAL LITIGATION Receipt of a Letter of Demand dated 15 February 2012 by Harrisons Trading (Sabah) Sdn Bhd from Kastam DiRaja Malaysia

HARRISONS HOLDINGS (MALAYSIA) BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description Receipt of a Letter of Demand dated 15 February 2012 by Harrisons Trading (Sabah) Sdn Bhd from Kastam DiRaja Malaysia

The Board of Directors of the Company wishes to announce that our wholly owned subsidiary, Harrisons Trading (Sabah) Sdn Bhd had on 21 February 2012 received a letter of demand dated 15 February 2012 from Kastam DiRaja Malaysia demanding payment of the sum of RM91,750,418.99 for purported unpaid:-
i) Import Duty amounting to RM31,452,344.00

ii) Excise Duty amounting to RM54,805,709.42

iii) Sales Tax amounting to RM5,492,365.57
Harrisons Trading (Sabah) Sdn Bhd was given 14 days from date of the letter to respond to the demand from Kastam DiRaja Malaysia.
Harrisons Trading (Sabah) Sdn Bhd does not admit being liable to pay RM91,750,418.99.
The Company is seeking legal advice on the demand and will make a further announcement on this matter after obtaining legal advice.
This announcement is dated 21 February 2012.
----
this company must die...kastam not asking what is not theirs...its theirs alright

bigFAT

770 posts

Posted by bigFAT > 2013-10-11 23:41 | Report Abuse

no wonder big profit..running from tax counter

Hk Wong

420 posts

Posted by Hk Wong > 2013-10-12 00:05 | Report Abuse

Better buy dksh

jenabchen123

1,219 posts

Posted by jenabchen123 > 2013-10-12 00:12 | Report Abuse

Ayo ma ayo pa .......

calvintaneng

56,603 posts

Posted by calvintaneng > 2013-10-12 20:18 | Report Abuse

Hk Wong DKSH was a VERY GREAT BUY IN YEAR 2009 at 32 CENTS. Now DKSH looks toppish. A MUCH BETTER BUY IS PM CORP(4081).

Come over and see the PM Corp Forum. PM Corp has HIGH NTA, CASH RICH, A RECESSION PROOF BUSINESS & BEST OF ALL IT IS GIVING A CASH PAYOUT SOON.

So check out PM CORP CAREFULLY NOW! You Will Be Glad You Did!

cucu

15 posts

Posted by cucu > 2013-11-11 20:28 | Report Abuse

I will rather invested in Harrison rather than the method suggested by scott. Why?
In other words, the binary options, is GAMBLING with NEGATIVE EXPECTED VALUE (-9%).

The longer you play, mampus.

cucu

15 posts

Posted by cucu > 2013-11-11 20:29 | Report Abuse

Why scott post stuff like this? He earn commision by introducing new members.

lphcgm

3 posts

Posted by lphcgm > 2014-01-26 09:25 | Report Abuse

Anyone know about harison tax matters..? Pls let share yr news, happy cny

Bs1688

436 posts

Posted by Bs1688 > 2014-04-05 16:17 | Report Abuse

Good news, Harrison n customs already came to an amicable , ex-gratia settlement of 31.5 million which is so much lower than initially claimed by customs of 91.7 million. Now Harrison can move forward without any impediment.

Posted by Yeo Michael > 2014-04-07 11:12 | Report Abuse

Still pay 31.5 millon, impact the bottom line so much, mana ada utung ???

Posted by Yeo Michael > 2014-04-07 11:24 | Report Abuse

Quarter to quarter profit dropping, earn around 5 millon per quarter,not enough to pay
settlement of 31.5 millon

Bs1688

436 posts

Posted by Bs1688 > 2014-04-07 15:21 | Report Abuse

Investors positive about the settlement , that's why it is moving higher.

Bs1688

436 posts

Posted by Bs1688 > 2014-04-07 17:07 | Report Abuse

Harrison's Nta is $4.43 eps 35.81 sen , undervalue or not , you decide.

choop818

707 posts

Posted by choop818 > 2014-04-09 11:50 | Report Abuse

Harison upup and away!

Bs1688

436 posts

Posted by Bs1688 > 2014-04-09 12:11 | Report Abuse

Yes! Harrison up 14 sen , slow n steady , go go go

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