Posted by dragonfruits > 2014-01-23 15:44 | Report Abuse

now cannot?

Posted by chuwfan > 2014-01-23 15:46 | Report Abuse

Dragonfruits, can, it's just 1.90 is my target price to accumulate more.

Posted by kkteng70 > 2014-01-23 15:59 | Report Abuse

not so bad... the Q report

Posted by dragonfruits > 2014-01-24 10:24 | Report Abuse

but price cannot move up

Posted by kkteng70 > 2014-01-27 08:50 | Report Abuse

I think a lot of property counter Stuck... :) not sure why also guess may be interest ? or ? any sifu want to give hint ?

Posted by chuwfan > 2014-01-27 15:46 | Report Abuse

All red in my listing... need to be patience...

Posted by dragonfruits > 2014-01-27 16:01 | Report Abuse

will drop till 1.55? scary loh

Posted by wisdomtot > 2014-01-27 16:04 | Report Abuse

no support at all? new low...

Posted by dragonfruits > 2014-01-27 16:07 | Report Abuse

if can break 1.55..

Posted by sephiroth > 2014-01-27 16:09 | Report Abuse

luckily cabut 2.06, 1.65 also sapu la

Posted by asamlaksa > 2014-01-27 16:10 | Report Abuse

From RM2.39 to RM1.77.
How many can tahan ?
Is the golden era of Huayang over ???

Posted by wisdomtot > 2014-01-27 16:10 | Report Abuse

can see some support at 1.76.. if break 1.76..no eye see...

Posted by chuwfan > 2014-01-27 16:15 | Report Abuse

This morning received the alert reminder from my agent due to Dow Jones huge drop.. this morning open market all gone red.. Huayang is one of the big drop in my listing.

Wisdomtot, based on the trend, breaking 1.76 is not a problem, just the matter of time, by today or tomorrow.

Dunno when this down trend going to end for most of the stocks..

Posted by 叶杰昌 > 2014-01-27 16:22 | Report Abuse

walao eh...all time low....

Posted by dragonfruits > 2014-01-27 16:24 | Report Abuse

scary loh

Posted by tewnama > 2014-01-27 16:25 | Report Abuse

betul. tapi sykt ini kukuh. tapi ada turun baru ada naik

Posted by dragonfruits > 2014-01-27 16:27 | Report Abuse

can buy now?

Posted by tewnama > 2014-01-27 16:28 | Report Abuse

sebelum u nak beli, Tanya sendiri. berapa lama u boleh pegang

Posted by dragonfruits > 2014-01-27 16:29 | Report Abuse

all properties and finance stock masuk long kang

Posted by chuwfan > 2014-01-27 16:33 | Report Abuse

masuk longkang tak apa, boleh cuci dan guna lagi... don't masuk api then mati..

Posted by wisdomtot > 2014-01-27 16:45 | Report Abuse

late buying activities... macam last minute CNY shopping..murah murah...

Posted by bennike129 > 2014-01-27 16:52 | Report Abuse

bought in

Posted by dragonfruits > 2014-01-27 16:55 | Report Abuse

esok down trend again.

Posted by wisdomtot > 2014-01-27 17:05 | Report Abuse

dragonfruits.. do you know something which may contribute to the continuous downtrend? 7% is a big correction for Huayang, which I don't see much underlying fundamental issues.. Can you share your thoughts?

Posted by keanpoh > 2014-01-27 17:08 | Report Abuse

Hua Yang has an investor briefing session today. Let's see what RHB and Kenanga IB reports tomorrow.

Unless something terrible was announced in today's briefing, the sharp stock price drop today could be a good buying opportunity.

The only little concern I have with HuaYang is its debt level simply because a rising interest rates environment or drop in sales will have a more negative impact to a leveraged company like HuaYang and those with little debt. Nevertheless, at RM1.77 a share, the stock now has one of the lowest PE ratio in the property industry at 7.7X only.

I am not too worried about sales being impacted by the recent cooling measures by the federal government as the company focuses on the niche market of affordable housing. I really hope the management will gradually reduce its debt with the cash flow generated from its operation. Now and going forward in 2014/2015 might not be the best period of time to hold debt.

If you're holding this stock for the long term, you should not be too worried about today's dip.

Posted by bennike129 > 2014-01-27 17:11 | Report Abuse

thanks keanpoh for sharing your thoughts :)

Posted by chuwfan > 2014-01-27 17:24 | Report Abuse

Hi keanpoh, thanks for your kind sharing, I am long term investor, no worry at all on this counter. :)

Posted by arv18 > 2014-01-27 17:29 | Report Abuse

Good company. They enlarged # of outstanding shares via bonus issues.

Dividend, Bonus Share, Split & Consolidation
Announcement Date Subject Type Amount Ex Date
30/09/2013 Bonus Issue BONUS ISSUE 1 : 3 10/10/2013
30/07/2013 Final Dividend DIVIDEND 8.25% 04/09/2013
31/01/2013 Interim Dividend DIVIDEND 5% 18/02/2013
01/10/2012 Bonus Issue BONUS ISSUE 1 : 4 11/10/2012
30/07/2012 First and Final Dividend DIVIDEND 15% 05/09/2012
13/10/2011 Bonus Issue BONUS ISSUE 1 : 3 25/10/2011
22/08/2011 First and Final Dividend DIVIDEND 7.5% 07/09/2011

Now you've got a much larger float. More liquid. More volatility. Simple.

Posted by arv18 > 2014-01-27 17:45 | Report Abuse

The lesson here is too many bonus issues, or enlarging your float may not necessarily be the best thing. Remember KNM and all those bonus issues?

-anyways, property counters are not going to be doing so well in this environment. good thing they pay dividends.

Posted by novice8 > 2014-01-27 19:12 | Report Abuse

good time to go in??

Posted by bukithot > 2014-01-27 21:59 | Report Abuse

what happened....

Posted by rlch > 2014-01-27 22:31 | Report Abuse

Fear of interest rate increase due to weak RM. Anyway can look forward to 5sen dividend.

Posted by keanpoh > 2014-01-27 22:52 | Report Abuse

Pay attention to what the management present in today's investor briefing. I am expecting reports from RHB and Kenanga after they have attended the briefing earlier today.

Yes, the sentiment for the property sector is weak at the moment. This applies to any property related stocks (even SCIENTEX with 50% involvement in property sector is not spared).

The pessimism with the property sector could be due to:
1. Fear that the cooling measures announced in the Budget 2014 - RPGT, DBIS & GST will slow down the demand for property.
2. New Bank Negara rules on housing debt to curb the rising household debt in the country (Malaysia has the highest household debt to GDP in the region).
3. The expectation of increase in interest rates in 2014 due to weakening ringgit and increased inflation in the country.

Keep in mind that the Property sector is very sensitive to interest rates movement (compared to other sectors) as increase in interest rates will affect property sales severely due to higher cost of borrowing.

Posted by mjboon > 2014-01-27 23:53 | Report Abuse

Really looking forward for the report on investor briefing. Was surprised to see Hua Yang dropped more than 7% in a single trading day.

My avg price: 1.9475 :(

Posted by chuwfan > 2014-01-28 09:12 | Report Abuse

Hi Keanpoh, appreciate if you can share where can we view the said report?

Posted by chuwfan > 2014-01-28 09:41 | Report Abuse

http://klse.i3investor.com/blogs/rhb/45559.jsp

Posted by keanpoh > 2014-01-28 10:26 | Report Abuse

Both RHB and Kenanga IB reports are out.
Here's the link: http://klse.i3investor.com/servlets/ptg/5062.jsp

Generally, things are on track. Like i said earlier, concern is mainly on its debt ratio and management has addressed that in the investor briefing session yesterday by stating that they will not buy more land banks in the near future and plans to reduce debt after converting some of its unbilled sales to earnings.

Management also stated that they have plan to payout good dividend, which will yield at around 6% p.a. Well, i'll just park some of my funds into this company for now since the return is better than 1 year FD.

Posted by bennike129 > 2014-01-28 10:28 | Report Abuse

looks good, long term wise

Posted by wisdomtot > 2014-01-28 12:58 | Report Abuse

11 cents dividend planned,great.. fingers crossed.....at least some sweetener after yesterday's bitter taste...

Posted by bennike129 > 2014-01-28 14:29 | Report Abuse

yup 6% dividend yield

Posted by keithlauct > 2014-01-29 11:27 |

Post removed.Why?

Posted by rlch > 2014-01-29 18:14 | Report Abuse

Good news for property stocks. OPR maintain at 3%.

Posted by meena > 2014-01-30 16:41 | Report Abuse

div. 5% declared...ex-date 28-03-2014!

Posted by dragonfruits > 2014-02-04 12:13 | Report Abuse

lama lagi

Posted by wisdomtot > 2014-02-05 12:19 | Report Abuse

prolonged odd selling 1-2 lot a time... anyone has any idea what is the logic behind this? seems like intentionally pushing price down

Posted by Funtrade > 2014-02-06 11:10 | Report Abuse

Huayang was a champion. Now. No difference with Trop. Haiz

Posted by Fitri > 2014-02-06 11:31 | Report Abuse

huayang hutang keliling pinggang. it actually rhymes, lol.

Posted by kkteng70 > 2014-02-06 14:37 | Report Abuse

what happen to this counter ? keep droping...

Posted by musang_foxking > 2014-02-06 16:11 | Report Abuse

YES...following tropicana's trend...stable at certain price..doesn't means it will not fall...refer to tropicana trading...RM1.18 TP

Posted by musang_foxking > 2014-02-06 17:12 | Report Abuse

the dividen is just a bait...refer to incidents related to tropicana