Posted by JadenG > 2014-03-24 10:59 | Report Abuse

will break rm7 this week, hold tight

Posted by Hightea > 2014-03-24 11:27 | Report Abuse

i think today can break rm7, dun nid wait for a week.. lol

Posted by JadenG > 2014-03-24 11:30 | Report Abuse

den this weak can be higher

Posted by Hightea > 2014-03-24 11:33 | Report Abuse

Actually this is a very good counter to invest for long term.. A very stable company.. dont nid pening.. :)

Posted by leslieroycarter > 2014-03-24 11:38 | Report Abuse

yes , very good counter and shall hold for long term to realise exponential results....
pls refer back to faberlicious statement :

Did u know that for the past 1 year Hup Seng Industries Bhd has risen 116.3 % but for the last 5 years has risen a whopping +771.4 % !. Compare that with 110% gain for KLCI last 5 years.

1 week 1 month 6 months 1 year 5 years
0.00% -1.29% +54.43% +116.31% +771.43% Hup Seng


-0.18% +2.24% +4.49% +10.60% +110.60% FTSE BURSA MALAYSIA KLCI IDX

Posted by Hightea > 2014-03-24 11:56 | Report Abuse

yes leslie.. That's y i m very confident in this counter..

Posted by undertaker > 2014-03-24 12:14 | Report Abuse

Beware guys, PE Now 22

Posted by JadenG > 2014-03-24 14:08 | Report Abuse

PE high that mean ppl confidence on this stock, high PE will offset by high earning in future, what should investors beware?

Posted by vinvin > 2014-03-24 15:53 | Report Abuse

Not many sellers.............unable to get cheap n bought 3,000 shares at 6.99..............

Posted by gaomin > 2014-03-24 15:57 | Report Abuse

Vinvin you should have bought when it started this morning . I got some at 6.83 .

Posted by Ming Koay > 2014-03-24 16:00 | Report Abuse

IS 6.99 STILL CAN BUY?

Posted by leslieroycarter > 2014-03-24 16:13 | Report Abuse

hope that it may touch 720/750 b4 ex div and bonus....those who had bought earlier should be v happy by now...

Posted by Ming Koay > 2014-03-24 16:14 | Report Abuse

TOO BAD I MISS THE BOAT!

Posted by vinvin > 2014-03-24 16:16 | Report Abuse

Gaomin, undecided this morning before monitoring the transactions. Good for u for deciding to buy earlier. Hope it will go up higher tomorrow..............buy high n sell higher!!! Trade at own risk.

Posted by Hightea > 2014-03-24 16:47 | Report Abuse

I think 7.5 shouldnt be a problem for end of this week..

Posted by thewire > 2014-03-24 17:02 | Report Abuse

http://www.theedgemalaysia.com/highlights/281813-hot-stock-hup-seng-rises-4-ahead-of-ex-dates-for-dividends-bonus-and-share-split.html

Posted by tjhldg > 2014-03-25 01:58 | Report Abuse

esok bbq

Posted by leslieroycarter > 2014-03-25 09:29 | Report Abuse

unstoppable is the word...

Posted by JadenG > 2014-03-25 09:31 | Report Abuse

unmissable is the second word

Posted by Keegan Woon Chi Kit > 2014-03-25 09:38 | Report Abuse

yea! too bad i miss the boat

Posted by Ming Koay > 2014-03-25 11:09 | Report Abuse

finger cross!! add oil

Posted by gaomin > 2014-03-25 11:25 | Report Abuse

7.20 !

Posted by mezzo > 2014-03-25 11:37 | Report Abuse

I dont think this formula is correct
"
Average price for split from 1 share to 5 shares,
RM 6.70 / 5 = RM 1.34 per share

Average price exercise for after 3 for 1 bonus share as,
RM 1.34 / 3 = RM 0.4467 per share
RM 0.4467 X 2 = RM 0.8933 per unit share
"

Let say I bought 100unit on 6.70. What will happen?

Cost
6.70 * 100 = 670

After shares split I have 666.66 units.
666.66 units * RM 0.8933 = RM595.527378

RM670- RM595 = -RM74!!!!!

If the formula is correct.. we should sell it now......!!!!!!!!!!!!!!!!

Posted by Hightea > 2014-03-25 12:19 | Report Abuse

Then mezzo have u sold ur hupseng?

Posted by Ming Koay > 2014-03-25 12:22 | Report Abuse

I am sure mezzo no sell yet. as seller so little only

Posted by vinvin > 2014-03-25 12:48 | Report Abuse

Mezzo, the total value of ur shares will still be the same no matter how many shares u got from the shares split n bonus issued. Therefore there is no gain or loss at this stage until there r changes in the shares price. Correct me if I'm wrong.

Posted by tjhldg > 2014-03-25 13:16 | Report Abuse

huat aar : ) ...

Posted by mezzo > 2014-03-25 13:26 | Report Abuse

The question is after split + bonus... RM74 gone...if using above formula to calculate.
after split or bonus issue shouldn't have any loss or gain. As I said that I don't think above formula is correct.

Posted by johnny cash > 2014-03-25 13:34 | Report Abuse

Hup Seng Industries (HSI MK)
Technical BUY with +14.0% potential return
Last price : RM6.99 (RM6.83 ~ RM6.99)
Target Price : RM7.15, RM7.88
Support : RM6.70
Stop-loss: RM6.64
BUY with a target price of RM7.88 with stop
loss below RM6.64. Share price has
consolidated within a tight range since the last
few weeks. As the selling pressure has been
absorbed along the “cloud” regions, HIS has
gapped up on the back of extremely higher
trading volume of 0.75m shares yesterday (vs
20-day average of 0.1m), which signals an end
to the consolidation phase and potentially kickstarting
a new up-leg. Given the uptick in RSI
and a bullish crossover in MACD which
indicate surging momentum, we see further
upward movements. The stock has also closed
above a sloping 10-day and 21-day SMA lines,
which indicate a continuation of the previous
bullish run. Thus, we peg our upside target at
1.61x Fibonacci Extension, or a target price of
RM7.88 over the medium term. Conservative
investors may accumulate lower within
RM6.83-RM6.99 on profit taking.

Posted by gaomin > 2014-03-25 14:20 | Report Abuse

If buy at 6.70 after share split and bonus is 1.005 , I am 100% sure . But now the price is 7.24 . Let say this price stays until before ex , then 7.24/5 = 1.448 , (1.448 x 3)/4= 1.086 which is the price after split and bonus .

Posted by kytan > 2014-03-25 14:29 | Report Abuse

mezzo..I don't know how you calculate (assume the price maintain RM 6.7)
RM 6.7= 1 share
after bonus and split =6.66 share
RM 6.7/6.66=RM 1.006

Posted by gaomin > 2014-03-25 14:32 | Report Abuse

Yes 6.7 /6.66666666=1.005 .

Posted by vinvin > 2014-03-25 14:53 | Report Abuse

Gaomin, r u accumulating some more? I thought to but the price never seems to drop n will think over whether the price is still ok or not to accumulate.

Posted by JadenG > 2014-03-25 14:56 | Report Abuse

i bought 10 lot more @ 7.22

Posted by vinvin > 2014-03-25 15:24 | Report Abuse

JadenG, I just accumulated some more at 7.22...............

Posted by gaomin > 2014-03-25 15:29 | Report Abuse

Vinvin , I did not accumulate some more . I bought last time at 6.09 after the share split and bonus news . Added some yesterday at 6.83 . You bought at 6.99 ok also .I think after the split and bonus it could reach 1.10 to 1.30 so why not we buy if it drop back to below 7.00 . But I think it's quite unlikely the ex-date is 2nd April , 5 more trading days to entitle to the split and bonus .

Posted by vinvin > 2014-03-25 15:49 | Report Abuse

Ok gaomin, v wait for correction to accumulate more............

Posted by Minami Hagiwara > 2014-03-26 09:12 | Report Abuse

opening price ?

Posted by leslieroycarter > 2014-03-26 09:13 | Report Abuse

X DIV TOMORROW N X SPLIT N BONUS ON 2/4. JUST CAUTION N SHARING

Posted by Minami Hagiwara > 2014-03-26 09:59 | Report Abuse

People are selling, I am buying.

Posted by vinvin > 2014-03-26 10:50 | Report Abuse

Long term should be ok................trade at own risk

Posted by Firebird2 > 2014-03-26 11:15 | Report Abuse

Yes, one has to go long on this counter to reap more. Looking at current financial figures, its very decent and steady. Now, you can imagine on a steady orient express, absorping the beautiful scenery and enjoying some refreshments (dividends) on the way. Once a while, meals are on the house (bonus/splits). Next on the agenda, which I think the management is hinting is the suitors coming to entice them to set up business in Indonesia (1o times our population) and HupSeng is evaluating whether to JV with these conglomerate or on its own. An extra free trip. zoomboom, is our cup of tea tarik Tesco 3in1.

Posted by leslieroycarter > 2014-03-26 11:17 | Report Abuse

ANOTHER SMALL NESTLE IN THE MAKING ....

Posted by Firebird2 > 2014-03-26 11:20 | Report Abuse

In terms of business, it will grow. In terms of returns to a investors, it is better than Nestle, I think, got to backtrack this thread to read up.

Posted by Minami Hagiwara > 2014-03-26 12:06 | Report Abuse

People are taking profit bought @ 6.70. can get 500, but I think 500 very small. I prefer to buy more.

Posted by Eelyn Soon > 2014-03-26 12:17 | Report Abuse

some r anticipating that after tomolo ex div it will retraced after its adjustment, but we wouldnt know what would happen as bonus n split is around the corner

Posted by Firebird2 > 2014-03-26 12:26 | Report Abuse

No one knows, just think of whether Hup Seng has disappointed us or not. If one sells, then its end of his/her story.

Posted by vinvin > 2014-03-26 12:37 | Report Abuse

Bought again today at 7.29 n after ex-dividend tomorrow n if the closing still remained at 7.29 then tomorrow opening price I think will be around 7.21 n above. Trade at own risk.

Posted by Minami Hagiwara > 2014-03-26 12:42 | Report Abuse

It is too late for me to catch the news. Only buy 300 units, you can get 2k 10cts Hup Seng share
on the 2rd. of April.

Posted by Hightea > 2014-03-26 13:31 | Report Abuse

i think can hit 7.5 at least before split..