HEITECH PADU BHD

KLSE (MYR): HTPADU (5028)

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Last Price

1.97

Today's Change

+0.05 (2.60%)

Day's Change

1.93 - 2.05

Trading Volume

692,000


3 people like this.

3,922 comment(s). Last comment by Nieto9 6 days ago

KSLI

630 posts

Posted by KSLI > 2019-09-19 15:46 | Report Abuse

mukhriz hari hari tambah sepiring?

OngKawKaw

3,283 posts

Posted by OngKawKaw > 2019-09-19 15:50 | Report Abuse

Hidup HTPADU

TunMa

23 posts

Posted by TunMa > 2019-09-19 20:38 | Report Abuse

Dr M: New curbs to direct tenders, add safeguards to special cases
Read more at https://www.thestartv.com/v/dr-m-new-curbs-to-direct-tenders-add-safeguards-to-special-cases#h0viFLGWu42ellK7.99

Posted by hajisafiee > 2019-09-20 11:22 | Report Abuse

S5 Systems Sdn Bhd is buying Heitech. New mega project in the bag. announcement very soon.

Despacito

393 posts

Posted by Despacito > 2019-09-20 11:24 | Report Abuse

Tambah daun ketumbar

Posted by buildvalue > 2019-09-20 13:40 | Report Abuse

Hajisafiee, joking or serious news?

林俊松

6,899 posts

Posted by 林俊松 > 2019-09-20 15:42 | Report Abuse

Don't waste your time here. Selling pressure is high & the price is weak.

KSLI

630 posts

Posted by KSLI > 2019-09-20 16:08 | Report Abuse

bila mau jalan ni

OngKawKaw

3,283 posts

Posted by OngKawKaw > 2019-09-21 10:40 | Report Abuse

Dsonic era sudah mati lah. Kantoi nak jual ticket goreng kaw kaw baru jual. Hidup HTPADU

Posted by hajisafiee > 2019-09-21 20:30 | Report Abuse

S5 Systems Sdn Bhd is buying Heitech. New mega project in the bag. announcement very soon.
Prestariang will continue SKIN. ISS cancel.

jason007

210 posts

Posted by jason007 > 2019-09-23 11:29 | Report Abuse

Dsonic up

jason007

210 posts

Posted by jason007 > 2019-09-24 09:00 | Report Abuse

steadily to go down trend kut ?

Posted by Investar2862 > 2019-09-24 21:53 | Report Abuse

THE company managing the Penang Smart Parking (PSP) system, HeiTech Padu Berhad, has installed 1,031 sensors as of Sept 20 this year.

HeiTech Padu has managed to install the sensors before the deadline set by Penang Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo.

The PSP system was launched on Aug 18 this year, and there were some issues that needed to be addressed.

“The first was that the PSP application on the Google Play was not available for Android users. The issue was solved on Aug 22.

“The second issue was the installation of smart sensors at the council parking lots in Penang. The company had to install 997 sensors, but they only managed to put up 30 at that time.

“It was because the stocks were stranded in Hong Kong. The airport in Hong Kong was closed due to the unrest and the stocks had to be transported to Malaysia by sea. A deadline was given to HeiTech Padu to complete the installation of the remaining 967 sensors.

“The company had to install the remaining 967 sensors by Sept 24. I am happy that the company managed to meet the deadline given.

“In fact, they (the company) have installed an additional 34 sensors, making it a total of 1,031 sensors as of Sept 20,” Jagdeep told a press conference in Bishop Street today.

The sensors were installed at 655 Penang Island City Council (MBPP) normal parking lots and 12 parking lots for the disabled on the Penang island.

The sensors were also put up at 352 Seberang Perai City Council (MBSP) normal parking lots, eight parking lots for the disabled and four parking lots for pregnant women on the Penang mainland.

Jagdeep said the installation of about 36,000 sensors (24,000 on the mainland and 12,000 on the island) was scheduled to complete in July next year (2020).

“The estimated cost to implement PSP system was RM30 million.

“The PSP system is a private finance initiative (PFI). The company will bear the cost of implementing and operating the system throughout a period of seven years, according to the contract.

“The Penang government and local councils (MBPP and MPSP) will not bear any operational or capital expenditure (capex) during the period.

“The company will take a portion of the parking collection, while the other portions are taken by the local councils,” he said.

Jagdeep said a workshop would be held tomorrow (Sept 25) between the state, HeiTech Padu, the local councils, Penang Development Corporations and other stakeholders to draw out a plan to meet the July 2020 deadline.

“We will also discuss the locations that are to be installed and the timeline. I have said that I’ll be conducting a periodical check to get updates on the progress so that the public can be notified,” he said.

Jagdeep said the company would be setting up a booth at several locations to promote the PSP system to the public.

“The booth will be set up at Komtar, City Hall at the Esplanade, Setia SPICE Arena and MBSP building in Bandar Perda from tomorrow (Sept 25) to Sept 30.

“The company will also be setting up an exhibition booth at Gurney Paragon Mall from Sept 27 to 29 during the Penang International Green Conference and Exhibition 2019; and at Mydin Wholesale Hypermarket in Kepala Batas on Oct 5 during the Digital Seberang Perai,” he said.

Also present were MBPP mayor Datuk Yew Tung Seang and HeiTech Padu Berhad executive vice-president Abdul Halim Md Lassim.

The public can now use the find parking feature on the PSP app to view the availability of parking lots and their approximate locations.

The app user just has to tap on the marker and the app will navigate the user to the preferred location via Google Maps or Waze.

Despacito

393 posts

Posted by Despacito > 2019-09-25 09:28 | Report Abuse

Tambah Ayam Penyet dgn sambal belacan...mmm syioknya...

Boneka

284 posts

Posted by Boneka > 2019-09-25 09:34 | Report Abuse

PSP IS A CASH COW BUSINESS!!!

https://klse.i3investor.com/m/blog/Undervalued/226509.jsp
I thought HTPADU worth RM10 (About 10 times the current share price)
Author: samheong78 Publish date: Tue, 24 Sep 2019, 9:21 PM

The below maths are based on information from above URL

Parking rates in Penang 80 cents an hour
12 hours of chargeble parking for 1 day
There are 36000 parking bays
There are 25 days chargeble of parking in a month (excluding Sunday)

Hence monthly income from the parking is
0.8 * 12 * 36000 * 25 = 8.64 million
One quarter of earning = 8.64 * 3 = 25.92 million
HTPADU took 65% profit sharing = 16.848 million

Assumming only 70% of users actually pay the parking
One quarter of earning = 0.7 * 16.848 million = 11.7936 million
converting into EPS almost about the same as 11 cents
Annualised that become 44 cents

If we pegged HTPadu at 20 X EPS, means fair value about RM9
Thats only from the parking alone. How about other profitable business like Mypay which will launch soon?
How about other mega projects that might be awarded to HTPADU as well?

Comment: Going forward, TP of RM80 is no longer a dream when the other mega projects were to be awarded to them.

Up_down

4,307 posts

Posted by Up_down > 2019-09-25 10:10 | Report Abuse

PSP business prospects seems good in future but TP 10 is slightly ludicrous. Anyway, buy some for testing.

Posted by Sebastian Sted Power > 2019-09-25 10:15 | Report Abuse

why need pegged HTPadu at 20 X EPS? Assume PE10 enough, RM4.4

moniekj

1,037 posts

Posted by moniekj > 2019-09-25 15:52 | Report Abuse

Orion just started. Come come.

jason007

210 posts

Posted by jason007 > 2019-09-26 15:43 | Report Abuse

cut lose it break 108 , it cross downtrend zone

edmen

277 posts

Posted by edmen > 2019-09-26 16:00 | Report Abuse

wonder why major shareholders disposed...any idea

OngKawKaw

3,283 posts

Posted by OngKawKaw > 2019-09-26 18:03 | Report Abuse

Hari hari runtuh. Hari hari kenyang?

samheong78

472 posts

Posted by samheong78 > 2019-09-27 00:09 | Report Abuse

I think tomorrow may test 1.04 and then going back to around 1.2 next week

samheong78

472 posts

Posted by samheong78 > 2019-09-27 09:17 | Report Abuse

if you are able to control your itchy finger, they will cancel all their orders to give to you at 1.04

Posted by Sebastian Sted Power > 2019-09-27 10:32 | Report Abuse

if want buy then dont takut; if takut then dont buy. As simple as that

samheong78

472 posts

Posted by samheong78 > 2019-09-27 10:35 | Report Abuse

Never fear in this trade. Remember must buy at 1.04

Despacito

393 posts

Posted by Despacito > 2019-09-27 11:29 | Report Abuse

Tambah 8 biji kat 1.05...berani same dia...hehehe

Posted by Bowser Lim > 2019-09-27 11:38 | Report Abuse

Post by Boneka never account for O&M costs and finance costs...

samheong78

472 posts

Posted by samheong78 > 2019-09-27 15:10 | Report Abuse

control itchy finger, then can get at 1.04, Is even possible that price could very quickly goto 1.00 but then it will bounce back to go up very very strongly

samheong78

472 posts

Posted by samheong78 > 2019-09-27 15:36 | Report Abuse

Good show. Now question is will it go 1.00 then should up. Or should up from here onwards

samheong78

472 posts

Posted by samheong78 > 2019-09-27 15:41 | Report Abuse

we will see green on Monday :)

samheong78

472 posts

Posted by samheong78 > 2019-09-27 15:42 | Report Abuse

next week is a happy week.

jason007

210 posts

Posted by jason007 > 2019-09-27 15:42 | Report Abuse

sekarang lah boleh tambah nasi ..

samheong78

472 posts

Posted by samheong78 > 2019-09-27 15:42 | Report Abuse

Formation completed and next weeks onwards, shareholders will be happy

lee_m2020

4,785 posts

Posted by lee_m2020 > 2019-09-27 16:07 | Report Abuse

hahaha.... u guys are really optimistics. No way HTPADU will be in losses, it is the guardian for Gov Info Systems. But the index is really low now. Some local investors are pulling out the plug in large vol. Where they put elsewhere?

samheong78

472 posts

Posted by samheong78 > 2019-09-27 16:14 | Report Abuse

Is just the way how market makers work. The price must shake down before it can go up breaking the highest high price

samheong78

472 posts

Posted by samheong78 > 2019-09-27 16:15 | Report Abuse

Professional call it "shake down" strategy

samheong78

472 posts

Posted by samheong78 > 2019-09-27 16:16 | Report Abuse

Meaning is to shake out the weak holders :)

Asy_Mett

260 posts

Posted by Asy_Mett > 2019-09-27 16:41 | Report Abuse

next week fly

samheong78

472 posts

Posted by samheong78 > 2019-09-28 13:34 | Report Abuse

Monday likely to close between 1.07 to 1.11

Ncm88

1,219 posts

Posted by Ncm88 > 2019-09-28 13:49 | Report Abuse

1.00 major support test on monday

samheong78

472 posts

Posted by samheong78 > 2019-09-28 14:10 | Report Abuse

Correct, it is possible to test 1.00 major support on Monday, but likely to close between 1.07 to 1.11

moniekj

1,037 posts

Posted by moniekj > 2019-09-30 08:33 | Report Abuse

Orion 2nd round just started. Come come. 1st round 0.05 to 0.23. 2nd round 0.075 to ?
Cimb TP 0.33. Fintech giant in the making.

samheong78

472 posts

Posted by samheong78 > 2019-09-30 09:27 | Report Abuse

It can break the highest high of 1.44 in this month

samheong78

472 posts

Posted by samheong78 > 2019-09-30 09:28 | Report Abuse

I have said it last Friday 27th Sept

samheong78

472 posts

Posted by samheong78 > 2019-09-30 09:28 | Report Abuse

Ya, correct. I meant October

jason007

210 posts

Posted by jason007 > 2019-09-30 14:21 | Report Abuse

mukhriz boss , I see you tambah since long time ago. FUYoooo....

samheong78

472 posts

Posted by samheong78 > 2019-09-30 16:25 | Report Abuse

A bit slow, so shy to touch 1.00 but also so slow to reverse, hence will not close at 1.07 for today. But anyway sure uptrend for this week.

pang72

49,858 posts

Posted by pang72 > 2019-09-30 18:58 | Report Abuse

Mukriz...
Tambah nasi, ikan, kambing daily to celebrate htpadu 80c....

Tambah lagi...

pang72

49,858 posts

Posted by pang72 > 2019-09-30 18:59 | Report Abuse

Ada murah, Apa Sal beli sekarang.... Haha....

Lagi pun, Semua project delay.... Jangji 300units but pasang 3units

pang72

49,858 posts

Posted by pang72 > 2019-09-30 21:01 | Report Abuse

Mana sifu mukriz....
Byk panlai tengok chart...?

Sudah Baca Salah ke!!

Adui......

Mahu masuk class Saya kah??

Haha...

Chart Saya nampak 80c...hihi..

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