construction is hohup's forte... fly lah, no wonder
sia's construction sector to continue thriving after highest value in five quarters in Q1 KUALA LUMPUR: The local construction sector's civil engineering segment, particularly under the public corporations, is expected to continue growing strongly.MIDF Research said this is amid key infrastructure projects such as Penang light rail transit and the East Coast ... NST14 May, 2024 09:38am - 2 hours ago
Dear Good123 just talk cock a bit... judging from other construction counters already flying high e.g. Econbhd, Gamuda etc. counter that still on land for its reason... just for discussion purposes how sure u think Ho Hup can take the leap this time around... or maybe due to its rock bottom price u think it will fly? as rock bottom means it can't go any lower anymore, the technical turn around is the only way to go...? or u have faith to existing management, and it will turn around and fly soon?
KUALA LUMPUR: Malaysia's approved investments hit a record RM329.5 billion in 2023, but the impact on local supply chain companies, banks, and capital markets remains uncertain, according to Affin Hwang Investment Bank.
However, there are promising developments that could enhance the benefits of these foreign direct investments (FDI) across various sectors.
Citing an example, Affin Hwang said Sime Darby Plantation Bhd plans to develop the Kerian Integrated Green Industrial Park (KIGIP) in Perak.
"This project aims to attract industrial plants powered by solar energy, using solar photovoltaic (PV) plants within the park," Affin Hwang added.
The KIGIP project highlights Malaysia's commitment to sustainable industrial growth and could be a model for integrating renewable energy into industrial development.
The Penang Institute, advising the Penang state government, is exploring a Special Financial Zone in the northern region.
"This initiative aims to create a financial hub to make it easier for local companies to access capital," said Affin Hwang.
The goal is to help these companies expand and become key parts of the supply chain for multinational corporations (MNCs), especially in the semiconductor and electric vehicle (EV) battery industries, which are rapidly growing in Malaysia.
Affin Hwang said the Malaysia Investment Development Authority has identified several companies already benefiting from FDI inflows. They include Greatech, Vitrox, Oppstar and YBS International.
"These companies are poised to play crucial roles in Malaysia's industrial growth and integration into global supply chains," Affin Hwang said.
As Malaysia continues to attract significant foreign investments, these strategic initiatives and developments are expected to boost the local economy, drive sustainable growth, and position Malaysia as a key global player.
Significant investments have also been seen in Malaysia's data center industry, attracting global tech companies like Microsoft, Nvidia and Amazon.
With the rapid evolution of AI and cloud computing, Malaysia is well-positioned to capitalise on digital transformation, driving economic growth.
The demand for renewable energy, driven by national and corporate commitments to achieve net-zero emissions, is becoming a pivotal factor in attracting FDI to the region.
Affin Hwang said Malaysia's private investment had grown faster in 2023, indicating a recovery in investment activities amid global recovery.
Revitalising both FDI and domestic direct investment (DDI) is crucial for Malaysia's economic growth, it added.
"By fostering a conducive environment for private investment, Malaysia can achieve significant economic expansion, moving closer to its goal of becoming a high-income nation," it said.
Remember that Ho Hup has also been involved in other national projects, including the iconic Petronas Twin Towers and the Malaysia-Singapore second crossing
Kuala Lumpur International Airport (KLIA): Ho Hup has played a role in the construction and development of KLIA, Malaysia’s main international airport. KLIA serves as a major hub for air travel in the region.
Light Rail Transit (LRT): Ho Hup has been part of LRT projects, contributing to the development of efficient public transportation. The LRT system connects various parts of Kuala Lumpur and its suburbs.
great potential4hohup now as the msian economy started its recovery.
Ho Hup Construction Company Berhad is a prominent construction company in Malaysia, known for its involvement in various national projects. Let’s explore how Ho Hup has contributed to highway and infrastructure development:
Highways and Bridges: North Expressway Central Link (ELITE): Ho Hup participated in the construction of the ELITE highway, which connects Kuala Lumpur to the Kuala Lumpur International Airport (KLIA) and other major destinations. KLIA Expressway (E6): The KLIA Expressway, also known as the E6, provides a direct link between KLIA and the city center. Ho Hup played a role in its development. Trans Eastern Kedah Interland Highway: Ho Hup is currently working on this highway project, which spans the state of Kedah. The ongoing job is worth RM230 million1. Other Notable Projects: Petronas Twin Towers: Ho Hup was involved in the construction of the iconic Petronas Twin Towers, a symbol of Kuala Lumpur’s skyline. National Sports Complex: The company contributed to the development of sports facilities in Malaysia. Light Rail Transit System (LRT): Ho Hup participated in LRT projects, enhancing public transportation connectivity. Malaysia–Singapore Second Crossing: Ho Hup played a role in this major cross-border infrastructure project. Major Highways: Ho Hup’s involvement extends to highway projects that improve transportation across the country2. Ho Hup Construction Company Berhad has a comprehensive range of capabilities, including building, civil engineering, specialized intelligent buildings, trading, and related services. Its fleet of modern construction equipment and successful international projects further demonstrate its expertise in the field.
Ho Hup Construction Company Berhad may have potential during the Malaysian economy’s recovery for several reasons:
Economic Recovery Context: According to the Malaysian Institute of Certified Public Accountants (MICPA) and Malaysian Rating Corp Bhd (MARC), Malaysia’s economy is on course for a modest rebound in 2021. Recovery is expected to take hold from the fourth quarter (Q4’21), albeit at a moderate pace. A full recovery is estimated in mid-20221. The gradual reopening of the economy, increased demand for exports from major trading partners, and a rally in commodity prices have contributed to this positive outlook. Infrastructure and Construction Demand: As the economy reopens, there will likely be increased demand for infrastructure development, including highways, bridges, and transportation projects. Ho Hup’s expertise in construction positions it well to benefit from government-led infrastructure initiatives aimed at stimulating economic growth. Export Opportunities: The export sector remains crucial for Malaysia’s recovery. Ho Hup’s involvement in major projects could contribute to export growth. The Electrical and Electronics (E&E) industry, where Ho Hup has a presence, continues to be a key driver of exports. E&E exports have seen significant growth, especially amid the global digitalization drive and chip shortage1. Business Environment Resilience: Malaysia’s favorable business environment has allowed firms to navigate disruptions caused by the pandemic effectively. This resilience positions companies like Ho Hup to capitalize on opportunities during the recovery2. Liquidity Improvement: Ho Hup recently disposed of its Flex project, which offers an opportunity to improve the group’s liquidity and fortify its financial position3. This liquidity boost could enable Ho Hup to take advantage of new projects and investment opportunities as the economy recovers. Government Initiatives: The newly approved National Investment Aspirations framework aims to attract quality foreign direct investment (FDI). While it may need further details, it aligns with Malaysia’s recovery efforts1. In summary, Ho Hup’s experience in construction, its involvement in infrastructure projects, and the overall economic recovery create a favorable environment for the company’s potential growth.
Promising developments to enhance FDI benefits for various sectors in Malaysia KUALA LUMPUR: Malaysia's approved investments hit a record RM329.5 billion in 2023, but the impact on local supply chain companies, banks, and capital markets remains uncertain, according to Affin Hwang Investment Bank.However, there are promising developments that could enhance ... NST14 May, 2024 13:59pm - 2 hours ago
hohup, a quality small cap, catching up to close the gap hehe
RHB: Narrowing gap between valuations of small and big cap stocks present opportunities for investors KUALA LUMPUR (May 13): The narrowing gap between the valuations of the small-cap stocks versus that of big-cap ones on Bursa Malaysia present opportunities for investors who are willing to navigate the market with diligence and insight, according to RHB Investment Bank Research. TheEdge14 May, 2024 12:50pm - 3 hours ago
kalau takeover offer, katakanlah ikut nilai buku/aset bersih = 66sen, offer price boleh jadi 66sen ataupun higher, wait je.... baru melambung hari ni ... usah bertindak terlalu awal
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....
Good123
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Posted by Good123 > 2024-05-14 11:12 | Report Abuse
simpan je... i rasa ia akan naik lagi sabar ya