HB GLOBAL LIMITED

KLSE (MYR): HBGLOB (5187)

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Last Price

0.10

Today's Change

+0.01 (11.11%)

Day's Change

0.095 - 0.10

Trading Volume

2,075,900


3 people like this.

3,700 comment(s). Last comment by Blankjolly 16 hours ago

UnicornP

2,852 posts

Posted by UnicornP > 2018-05-18 10:09 | Report Abuse

155 support support ~!

UnicornP

2,852 posts

Posted by UnicornP > 2018-05-19 16:14 | Report Abuse

Hmmm...

Cslee1228

61 posts

Posted by Cslee1228 > 2018-05-20 22:22 | Report Abuse

Tmr got show?

UnicornP

2,852 posts

Posted by UnicornP > 2018-05-21 15:19 | Report Abuse

Fantastic low volume as at comment time. Still can see got people lowering their sell Q.

Betta68

2,300 posts

Posted by Betta68 > 2018-05-21 15:48 | Report Abuse

Hold till qr out..next week?

Jonny1299

18 posts

Posted by Jonny1299 > 2018-05-21 17:11 | Report Abuse

i thought qr came out last month, no? sorry im confused, what is the next qr and when is it?

Dan168

70 posts

Posted by Dan168 > 2018-05-21 21:11 | Report Abuse

Btw May 25-30

Posted by stockintalk > 2018-05-22 10:59 | Report Abuse

Rm8,500,000 to Rm10,800,000 profit I expected.(1st FY 2018)

Dan168

70 posts

Posted by Dan168 > 2018-05-22 11:58 | Report Abuse

selling pressure prior to qtr result, looks not so optimistic.

Cslee1228

61 posts

Posted by Cslee1228 > 2018-05-22 15:26 | Report Abuse

The market sentiment also not good

Posted by christophertopher > 2018-05-23 05:54 | Report Abuse

山东恒宝食品集团有限公司是一家集科研、种植、养殖、生产加工及进出口贸易为一体的省级龙头企业,是全国首批“三同”示范企业,是日照市重点培育骨干工业企业,日照市市级企业技术中心、日照市芦笋加工工程研究中心。

公司主要产品有:调理食品(猪排、春卷、咖喱角、土豆饼、猪肉洋葱串、大头菜卷、烟熏鸭肉、烤饼等)、冷冻蔬菜(土豆块、姜泥块、蒜泥块、芦笋、各种蔬菜丁等)及保鲜蔬菜等产品。产品主要销往美加、欧盟、日本、韩国、澳大利亚等二十多个国家和地区。

公司始终坚持以质量为中心,建有一千多平方米的质量检测中心,有一套健全完整的质量管理体系,如ISO9001、ISO22000国际质量体系认证,HACCP认证和美国FDA认证,韩国和南非禽类食品认证,英国BRC速冻蔬菜认证,在日本农林水产省的偶蹄动物热加工产品和禽类热加工产品注册等认证。

This dragon 省级龙头企业 (exporting to many countries) will not fall ....... soon and sooner will break 20 cents ........ and march towards 30 cents ..... anyway, just agak agak

Posted by Williamtaychunkit > 2018-05-23 05:55 | Report Abuse

What makes you come here at Hbglob easyguy?


Review of HBGLOB Comprehensive Income
Our revenue increased by RMB22.5 million or approximately 15.5% from RMB145.2 million in financial year ended 31 December 2016 (“FYE2016”) to RMB167.7 million in financial year ended 31 December 2017 (“FYE2017”). The increase was mainly due to increase in sales of Frozen Vegetable products.

The Group has improved its Gross Profit (“GP”) margin from 10.1% in FYE2016 to 31.6% in FYE2017. This has marked an improvement since the Group ceased the duck farming segment in July 2016, focussing its resources on profitable food processing segment as compared to the duck farming which was running at a gross loss in prior year.

Other operating income increased by RMB6.9 million from RMB6.7 million in FYE2016 to RMB13.6 million in FYE2017. Included in other operating income for FYE2017 were reversal of impairment on property, plant and equipment of RMB8.3 million, rental income of RMB1.9 million, and gain on disposal of property, plant and equipment of RMB3.0 million. Whereas in FYE2016, other operating income included reversal of impairment on property, plant and equipment of RMB1.3 million, exchange gain of RMB0.9 million, rental income of RMB0.5 million and other revenues of RMB0.4 million.

Selling and distribution expenses decreased by RMB0.6 million in FYE2017 as a result of lower transportation and freight charges, travelling expenses and marketing fees incurred.

General and administration expenses had increased by RMB3.7 million in FYE2017 mainly due to general inflation.

Other operating expenses increased by RMB3.1 million in FYE2017 were mainly due to impairment loss on certain property, plant and equipment (“PPE”) for RMB4.4 million, loss on disposal of PPE for RMB1.5 million and PPE written off for an amount of RMB0.4 million.

The significant increase in net profit before taxation of RMB22.5 million in FYE2017 is the result of the above explanations and favourable gross profits achieved during the financial year.

Review of Balance Sheet
There were minor additions to property, plant and equipment and construction in progress for the current year. These were mainly for the purposes of improving production facilities.

The increase in inventories of RMB3.4 million from FYE2016 was mainly to meet the increased demand of our products for coming month. Trade receivables increased by RMB38.9 million from RMB20.7 million in FYE2016 to RMB59.6 million in FYE2017 was mainly due to increased local demand of our products during the quarter under review as compared to preceding year corresponding quarter. Trade and other payables increased by RMB23.7 was mainly due to the increase in purchases in the current quarter to meet the increased demand of our products for coming month.

Review of Cash Flow Statement
Net cash generated in operating activities increased in FYE2017 by approximately RMB17.6 million was mainly due to the improvement of GP margin of our products and the extended repayment period to trade and other payables but partly offset by the credit term given to our local customers.

Net cash generated in investing activities increased to RMB6.7 million in FYE2017 was due to the disposal of old plants. Also there were additional production facilities acquired to meet the growing volume in our frozen vegetable products.

The Group recorded revenue of RMB70.7million in the current quarter, increased by approximately RMB30.8 million or 77.2% from RMB39.9 million in the immediate preceding quarter due to the improved local demand for our frozen vegetable products that ultimately exported.
The increase in profit before taxation and after taxation is mainly due to the better GP margin achieved and the reversal of impairment on property, plant and equipment for the current quarter.

Prospects for FYE 2018
HBGLOB had delivered a sterling performance in the current financial year ever since it embarked on its own self-rescue plan without any reliance on external parties when it undertook drastic measures in cessation of the duck farming segment since July 2016. The Group had met the requirements of achieving 2 consecutive profits and poised to continue to perform well barring any unforeseen circumstances in the challenging global economy as the Group continue to embark on capturing the local market and continue to work closely with its channel partners.

The effective tax rate of our Group for the current quarter and financial year-to-date was Nil as compared to the applicable tax rate of 25.0% due to permanent difference in the tax treatment of expenses that are not deductible under China tax.

Cslee1228

61 posts

Posted by Cslee1228 > 2018-05-23 09:15 | Report Abuse

Selling force still strong

Posted by stockintalk > 2018-05-23 09:16 | Report Abuse

Buying force still strong.

Cslee1228

61 posts

Posted by Cslee1228 > 2018-05-23 10:46 | Report Abuse

Broke below 140 gg...

UnicornP

2,852 posts

Posted by UnicornP > 2018-05-23 11:03 | Report Abuse

So who threw 2000 lots @ 0.135 just now..?

Cslee1228

61 posts

Posted by Cslee1228 > 2018-05-23 11:11 | Report Abuse

The operator must b happy...

windcloud

1,393 posts

Posted by windcloud > 2018-05-23 11:22 | Report Abuse

I cut losses at 0.145 already, a painful losses. But have to otherwise at later days may suffer more losses.

Need to remove Hbglobal from my watchlist, not to touch this Company at the time being.

UnicornP

2,852 posts

Posted by UnicornP > 2018-05-23 11:27 | Report Abuse

When play stocks win or lose just a fun experience. Shouldn't feel anxious or painful..

Posted by stockintalk > 2018-05-23 11:47 | Report Abuse

To:windcloud.
请问你有读HBGLOB业绩吗?

windcloud

1,393 posts

Posted by windcloud > 2018-05-23 11:55 | Report Abuse

Reply: stockintalk

yesterday night only studied the reports and any other latest info**(before only see their website), my conclusion is to cut losses now, that's all (cant disclose further - will disclose maybe after result if guess right). Maybe I am wrong but all depend on operator and market sentiment.

Posted by stockintalk > 2018-05-23 13:32 | Report Abuse

留意William and Christopher上面提供的HBGLOB 资料。

Posted by stockintalk > 2018-05-23 13:34 | Report Abuse

HBGLOB is China being turned to. PROFITABLE COMPANY since Fy2017 although HBGLOB still in pn17 duo to poor earning before Fy2017.

Posted by stockintalk > 2018-05-23 13:36 | Report Abuse

个人认为HBGLOB 将会是FY2018 黑马股。
( Uplift or still in pn17 , I dun too care, what I concern is the company Future Earning being FY2018 now a day.)

Jonny1299

18 posts

Posted by Jonny1299 > 2018-05-23 14:05 | Report Abuse

how much did you buy, windscloud? I bought at 2.05cent. still painful to look at the current figure. :(

windcloud

1,393 posts

Posted by windcloud > 2018-05-23 17:42 | Report Abuse

today sold one average about 0.16, should cut yesterday at 0.155 …… sad ……… (previously brought at 0.225 already sold at 0.17 when it rebound).

I already cut an moved on to another counter, and all the best to you.

Cslee1228

61 posts

Posted by Cslee1228 > 2018-05-24 09:34 | Report Abuse

Gg...now free flow to drop

Dan168

70 posts

Posted by Dan168 > 2018-05-24 09:34 | Report Abuse

mkt sentiment is bad but this counter totally no support at all - It can be free fall. Hope for the good result.

Posted by stockintalk > 2018-05-24 11:39 | Report Abuse

I just worried once result / EARNING LOSS MONIES, HBGLOB will going to HOLLAND.

LimKT

482 posts

Posted by LimKT > 2018-05-24 11:52 | Report Abuse

Gg...now free flow to drop

LimKT

482 posts

Posted by LimKT > 2018-05-24 11:52 | Report Abuse

bye bye i run jor

LimKT

482 posts

Posted by LimKT > 2018-05-24 11:52 | Report Abuse

^^

LimKT

482 posts

Posted by LimKT > 2018-05-24 11:53 | Report Abuse

herm

LimKT

482 posts

Posted by LimKT > 2018-05-24 11:53 | Report Abuse

support support ~!

LimKT

482 posts

Posted by LimKT > 2018-05-24 11:53 | Report Abuse

cmon let us fight for it

Posted by investorwannabe > 2018-05-25 10:10 | Report Abuse

who's the joker who bought 100unit????!?!?!? RM 13.50!?!?!?!?

Alex™

12,594 posts

Posted by Alex™ > 2018-05-25 10:11 | Report Abuse

don't like that, not everyone is rich can on 1000 lot

Posted by investorwannabe > 2018-05-25 10:12 | Report Abuse

Must be you la Alex! haha... RM 13.50 to push the price up 0.005!!! haha

Jonny1299

18 posts

Posted by Jonny1299 > 2018-05-25 12:25 | Report Abuse

how do you get to use how much ppl buy units?

Jonny1299

18 posts

Posted by Jonny1299 > 2018-05-25 15:31 | Report Abuse

i mean how do you know how much ppl buy units

LimKT

482 posts

Posted by LimKT > 2018-05-25 17:20 | Report Abuse

try to buy and see?

LimKT

482 posts

Posted by LimKT > 2018-05-25 17:20 | Report Abuse

dont ask something nonsense

LimKT

482 posts

Posted by LimKT > 2018-05-25 17:20 | Report Abuse

hays

UnicornP

2,852 posts

Posted by UnicornP > 2018-05-25 20:55 | Report Abuse

HBglob boss kept on reassuring investors the company will perform better. See you guys trust him or not only. IMO, coming quarter must be at least RM1m net profit (first Q usually lowest earnings).

UnicornP

2,852 posts

Posted by UnicornP > 2018-05-27 14:46 | Report Abuse

This quarter I target RM27m revenue and a million net profit.

UnicornP

2,852 posts

Posted by UnicornP > 2018-05-30 13:42 | Report Abuse

Be noted this QR results will be a lot lower than previous quarter,

Posted by Bryson Chin > 2018-05-30 14:11 | Report Abuse

Just hope the price will back to 0.16

Cslee1228

61 posts

Posted by Cslee1228 > 2018-05-30 15:55 | Report Abuse

Hold until d quarter result...

Jonny1299

18 posts

Posted by Jonny1299 > 2018-05-30 16:19 | Report Abuse

when is the quarter result coming out? I thought it should be around this week?

Posted by investorwannabe > 2018-05-30 18:16 | Report Abuse

1st JUNE at 10am

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