Firebird, Thanks. I attended Hup Seng AGM in Johore last year (2013). My observatioon is they are very good in production by lacking in marketing. Slow but solid growth.
Dan, Thx for your information. Agreed. Maybe the next big move for them. You moving around quite often I guess. Did you manage to attend Pwroot and Johotin AGM? I hold a lot Pwroot, and quietly collecting Johotin.
Thank you for all the beautiful comments.A few miracle companies are around. This is one of them.If you had invested in a banking stock, you would not have gained so much.Remember it is only a biscuit company. Now they are rewarding shareholders with `gold biscuits`.Unbelievable - RM7 for a biscuit company.Too good!
Firebird, I don't hv oldtown. I like the fundamental and its businness model but I don't invest in very young company and still skeptical about its management. Perhaps, they can prove me wrong later.
pillay15, not all biscuitcompany are good. Stay clear from London.
Investing in consumer product counter is a good way to beat inflation!
HUP SENG INDUSTRIES BERHAD (“HUP SENG” OR THE “COMPANY”) I. Proposed share split involving the subdivision of every one (1) existing ordinary share of RM0.50 each into five (5) new ordinary shares of RM0.10 each in Hup Seng (“Subdivided Share(s)”) held by the entitled shareholders of the Company on an entitlement date to be determined and announced later ("Entitlement Date") (“Proposed Share Split”);
II. Proposed bonus issue of 200,000,000 new ordinary shares of RM0.10 each in Hup Seng (“Bonus Share(s)”) after the Proposed Share Split on the basis of one (1) Bonus Share for every three (3) Subdivided Shares held on the Entitlement Date (“Proposed Bonus Issue”); and
III. Proposed amendments to the Memorandum and Articles of Association of Hup Seng to facilitate the Proposed Share Split (“Proposed Amendments”).
On behalf of the Board of Directors of Hup Seng, RHB Investment Bank Berhad wishes to announce that the listing application in relation to the Proposals has been submitted to Bursa Malaysia Securities Berhad on 20 December 2013.
Dan, Thx for your comments, I will take note.
Guys, hang on to your shares for more upside, don't be distracted
EGM on split/bonus on 18Feb, circular sent out to shareholders. Think this exercise will be completed 1Q. Long term shareholders may want to accumulate more.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
eht6769
711 posts
Posted by eht6769 > 2014-01-02 11:36 | Report Abuse
on going 7