Posted by ahlek888 > 2014-05-08 23:51 | Report Abuse

oo can still accumulate?

Posted by greddym3 > 2014-05-09 16:48 | Report Abuse

yes.accumulate while big funds are not looking yet

Posted by beso > 2014-05-11 21:24 | Report Abuse

low pe good dividend buy before too late

Posted by ahlek888 > 2014-05-11 22:19 | Report Abuse

any potential big news to push it up soon?

Posted by Alex Chong > 2014-05-15 12:52 | Report Abuse

The gearing is very high and dangerous. Unless the price down to 1.50 can start collecting.

Posted by xingxian > 2014-05-15 16:04 | Report Abuse

Boss Chong, gearing means a company is highly leveraged. However, a highly leveraged company is only risky to invest if it is not so cash-generative.

Hua Yang is highly cash-generative, and it is backed by its huge land-bank.

A guy who owns a house worth 1 million, owes the bank 500K (hence leverage = 100%) vs. A guy who only has RM 20000 in his bank accounts but owes the bank RM 10000 ( leverage also 100%), I don't think the first one is riskier than the 2nd one for banks to lend to.

Posted by ahlek888 > 2014-05-15 21:40 | Report Abuse

i see, so basically this one fundamental is still very strong? although volume haven't pick up yet. should accumulate more at this level?

Posted by chewch > 2014-05-20 10:06 | Report Abuse

base on PE 10, it should worth 2.3+

Posted by Heng611 > 2014-05-20 12:30 | Report Abuse

Drop in dividend = Drop in share price

Posted by ahlek888 > 2014-05-20 20:12 | Report Abuse

Dividend declared Liao?

Posted by dingding2697 > 2014-05-21 10:23 | Report Abuse

when declared dividen ya?

Posted by Kent > 2014-05-21 10:27 | Report Abuse

why keep dropping this few days before report out?

Posted by Toi Yit Pin > 2014-05-21 17:33 | Report Abuse

Fantastic Quarterly Report

Posted by Kent > 2014-05-21 17:35 | Report Abuse

Nice... still have 7 cents dividend... Full year dividend above 6%... Great!

Posted by wachxe > 2014-05-21 17:38 | Report Abuse

Finally :)

Posted by Kent > 2014-05-21 17:42 | Report Abuse

Higher EPS, but with Higher Borrowing... 7 cents seems lower than expectation comparing to previous years.

Posted by meena > 2014-05-21 17:45 | Report Abuse

Result good
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1628269

Posted by Kent > 2014-05-21 17:46 | Report Abuse

Any sifu can teach how to calculate the debt ratio?

Posted by meena > 2014-05-21 17:52 | Report Abuse

Kent: I think Total Liablitiy divide by total equity x 100...if not mistaken

Posted by limpek > 2014-05-21 18:12 | Report Abuse

hmm, results is good. But cash flow got problem.

Posted by Abudance > 2014-05-21 19:30 | Report Abuse

Where is d dividend announcement? It's not in d dividend section of the forum yet. Pls provide us a link. Thanks!

Posted by wansing1231 > 2014-05-21 19:33 | Report Abuse

dividend is still subject to approval in coming AGM on 27 Aug..

Posted by ykgykg > 2014-05-21 21:08 | Report Abuse

Amazing and incredible final quarter results ended 31 March 2014 with EPS 14.7 sen and 7 sen single tier dividend, The price should soar to greater height as the PE is only 5.7 which is considered severely undervalue.Accumulate !

Posted by ykgykg > 2014-05-21 21:16 | Report Abuse

Higher gearing is not a problem as the company able to achieve higher revenue and PBT. EPS triple while liability still manageable. The company manage to secure bond loan from PBBank at very competitive rate.

Posted by bukithot > 2014-05-21 23:19 | Report Abuse

Use borrowing to cover cash flow needs, should be ok. Previously there was an article in TheEdge, saying HuaYang earnings will peak in 2014 / 2015. Hope HuaYang can bring in more sales this year.

Posted by Abudance > 2014-05-21 23:38 | Report Abuse

Huayang is in cold eye list. 6% dividend is good dividend!

Posted by Abudance > 2014-05-22 00:29 | Report Abuse

Hua Yang Bhd's net profit soared 122% to RM37.8 million in the fourth quarter ended March 31, 2014, (4QFY14) from RM17 million a year earlier.

The property developer said revenue rose to RM198.3 million from RM102.4 million.

Full-year net profit climbed to RM82.2 million from RM70.5 million a year earlier. Revenue was higher at RM509.9 million versus RM408.7 million.

Hua Yang plans to pay a dividend of seven sen a share for 4QFY14, bringing full-year dividends to 12 sen. Source: http://www.theedgemalaysia.com/mobile/article.php?id=290649

Posted by keanpoh > 2014-05-22 01:07 | Report Abuse

HuaYang has done well in Q4. Revenue up, profit up and margin up, which are good for the valuation of the stock price. The stock should perform well in the coming days based on the result.

As for the debt ratio, i've did a quick calculation and it stood at around 30% i.e. (Long Term Borrowings + Short Term Borrowings)/Total Assets. Although it's not the best time to hold debt now, I still think it is manageable. If management is able to reduce borrowings, that will also help bring up the stock price. However, I do not see any chances of that happening at HuaYang, at least for the next few years.

As for the reduced dividend per share from the previous 8.25cents/share to 7cents/share, i wasn't happy at the beginning, as reduced dividend payout signals the management's bearish outlook in a company's future earnings. However, after digging in further, I am relieved to find out that the dividend payout wasn't reduced as RM16.335 mil were paid in Q42013 compared to RM18.48 million in Q42014, which is actually an increase in dividend payout. As for the drop in amount dividend per share, that is due to the increased number of shares outstanding due to the last bonus share issuance.

I look forward to see the company continue to do well in the coming years (and hopefully with reduced debt).

Posted by Kent > 2014-05-22 09:06 | Report Abuse

Thanks keanpoh for the comprehensive sharings. ^_^

Posted by Kent > 2014-05-22 09:24 | Report Abuse

Wah... early morning shoot so high... =.=""

Posted by chewch > 2014-05-22 09:57 | Report Abuse

TP 2.1 minimum

Posted by watchme > 2014-05-22 10:16 | Report Abuse

someone pressing it and accumulate....??

Posted by freedom96 > 2014-05-22 10:21 | Report Abuse

ya, somebody pressing, if not wont this share price. too undervalue. I kena trap.haha

Posted by pohcheong87 > 2014-05-22 10:52 | Report Abuse

almost sold yesterday...seeing it go down from rm2

Posted by Sky Liew > 2014-05-22 13:06 | Report Abuse

just buy ~~hold until 4 dollar at least

Posted by Feng Ning Yeoh > 2014-05-22 15:35 | Report Abuse

cant even hold 1.9 with this good result = = .......

Posted by greddym3 > 2014-05-22 15:46 | Report Abuse

I guess retail investors disposing their shares.my average price is rm1.85 so i'm not worried

Posted by my101home > 2014-05-22 15:55 | Report Abuse

greddym obviously funds side disposing their shares

Posted by watchme > 2014-05-22 16:00 | Report Abuse

good entry point for medium term 6 months

Posted by alphajack > 2014-05-22 16:17 | Report Abuse

damn good performance. can over 2 soon la..

Posted by Overweight > 2014-05-22 16:20 | Report Abuse

buy buy buy!

Posted by ykgykg > 2014-05-22 16:31 | Report Abuse

Push down by ..............?

Posted by Kent > 2014-05-22 16:45 | Report Abuse

Damn... almost break 2... now back to below 1.9... haiz... so fragile..

Posted by limpek > 2014-05-22 17:10 | Report Abuse

fund disposing, purposely press down the price

Posted by limpek > 2014-05-22 17:12 | Report Abuse

cold eyes holds till nw no sell, we should trust him

Posted by Kent > 2014-05-22 17:16 | Report Abuse

Going back to square... just keep it nicely in pocket to earn more than 6% dividend every year, it's good enough. :)

Posted by dalpinia > 2014-05-22 18:01 | Report Abuse

Very high depth....dangerous counter...better sell in good news.....change to pjd n osk property....much better nett cash company....better prospect of bigger size land....more good news to come....may merge...

Posted by watchme > 2014-05-22 18:31 | Report Abuse

just keep buying....next qtr earnings maintain, it will surpass 2 easily

Posted by ahlek888 > 2014-05-22 21:48 | Report Abuse

Watchme you have some lobang news?

Posted by bennike129 > 2014-05-23 10:17 | Report Abuse

keep going up!