Posted by SALAM > 2016-08-18 16:34 | Report Abuse

Hi Sifu hng, jumping in jumping out for nuts margin and finally forced landing before landing in Amsterdam. Hmmm.. still Sifu Icon has a better strategy..........

Posted by kllow > 2016-08-18 16:35 | Report Abuse

HSL will drop further tomorrow

Posted by SALAM > 2016-08-18 16:53 | Report Abuse

Being member of the Pek Mo empire may not drop much.......

Posted by comebackisreal > 2016-08-18 18:19 | Report Abuse

Hsl have potential to drop further. Alrd bearish trend

Posted by kwongliang > 2016-08-19 10:47 | Report Abuse

with 2 bil contract in hand also cannot increase profit. lousy company.

Posted by davidkkw79 > 2016-08-19 12:29 | Report Abuse

that's why previously EPF has selling ahead befre QR come out

Posted by iloveshare128 > 2016-08-19 12:38 | Report Abuse

kwongliang, if you dunno the nature of finance and revenue recognition, you better just keep quiet... the management indicated in the latest report that they chose to only recognize the revenue in later quarters as currently these new mega projects are just at start-up phase... please read the report before you comment... HSL is not a lousy company.. they have never made a loss even once in their business... and their revenue and profit has been growing for >10 years...

Posted by iloveshare128 > 2016-08-19 14:18 | Report Abuse

Current Year Prospects
The Group is now kept busy with project execution having successfully secured 2 major projects towards the end
of first quarter 2016. Nevertheless, the Group will continue to focus its procurement effort related to its core
business in infrastructure related projects which are under the Government agendas that generates opportunities
for the Group. The Sarawak Corridor of Renewable Energy (SCORE) initiative as well as the forces of
industralisation and urbanization provides further contract opportunities for HSL in the key SCORE growth node
towns of Tanjung Manis, Mukah, Samalaju and the major cities of Sarawak. HSL foresees the property
development segment with a variety of products will make greater impact on the business of HSL Group and is
preparing for new launches in 2016 and beyond.

Posted by iloveshare128 > 2016-08-19 14:20 | Report Abuse

that means more revenue will be recognized in subsequent phases.. u will see surprise hike in their revenue due to the 2.7billion order books on hand... after all, i expect 2016 revenue to be higher than 2015 by end of Q4... just need a bit of patience guys.... and 2017 will be even better as these mega projects will get into more matured phases in 2017... that means more revenue recognition in 2017... buy on weakness now before it is too late...

Posted by iloveshare128 > 2016-08-19 14:21 | Report Abuse

in their prospect, they said that the group is still bidding for more projects... so there is a chance to add more to their order book...

Posted by iloveshare128 > 2016-08-19 14:24 | Report Abuse

“HSL has continued to be profitable every quarter since our listing and we have proven that we are a
sound investment,” said Dato Paul Yu.

At the Edge Billion Ringgit Club Awards held earlier this week, HSL snared the award for Best Return
on Equity (Construction Sector) over three consecutive years, an accolade that is testimony to the
performance of the Board and the quality of project execution achieved by the company.

Posted by iloveshare128 > 2016-08-19 14:25 | Report Abuse

kwongliang... see my post above, with best ROE in construction sector, do you still think HSL is a lousy company? think twice...

Posted by RichieNexus > 2016-08-19 18:00 | Report Abuse

Support at 1.68. Early Monday morning can buy at 1.68 to 1.70. It will rebound.

Posted by mansaham1972 > 2016-08-20 15:32 | Report Abuse

Tiada gunanya company bagus jika pergerakan harga yg jelas nak tipu pelabur.yg pasti hsl cd dari 7 sen turun kpd 3 sen.saya pun terperangkap oleh company yg jelas menipu

Posted by davidkkw79 > 2016-08-20 17:02 | Report Abuse

Even though has secured some big projects, but it is still in early phase yet, will take at least a year later will only reflect in quarter report. If projecting annualized EPS 2 sen x4 = 8 sen. Based on price today 1.72, PE at least 20 above.....= = Nta around around 1.20 only...

Posted by Tan Toh Fei > 2016-08-22 11:29 | Report Abuse

Quarterly revenue is declining. The current price is still over value. Target fair price should be below 1.44.

Posted by nokenzo > 2016-08-22 16:25 | Report Abuse

Wait for next quarter, you will be surprised.

Posted by hng33 > 2016-08-22 16:30 | Report Abuse

Bought back all HSL at 1.72-1.73

Posted by hng33 > 2016-08-22 17:43 | Report Abuse

Hold till next quarter result to unleash HSL profitability.

Posted by iloveshare128 > 2016-08-23 16:22 | Report Abuse

http://rhb.ap.bdvision.ipreo.com/NSightWeb_v2.00/Handlers/Document.ashx?i=1ebff3e9ba344e4a8f6b8e3c93baae25

Posted by iloveshare128 > 2016-08-23 16:23 | Report Abuse

good analysis... TP RM2.64

Posted by kllow > 2016-08-23 18:42 | Report Abuse

1.75 is fair value for HSL current rolling 4Q earnings

Posted by Kc Kee > 2016-08-24 02:15 | Report Abuse

we buy stock for the future, not from the history

Posted by iloveshare128 > 2016-08-25 11:31 | Report Abuse

amanah saham keeps buying HSL..recently added about 2,000,000 shares..
http://www.bursamalaysia.com/market/listed-companies/company-announcements/#/?category=all&sub_category=all&alphabetical=All&company=6238

Posted by labu83 > 2016-08-28 02:15 | Report Abuse

Carefully

Posted by hng33 > 2016-09-06 16:40 | Report Abuse

Gradually returning back :D)

Posted by anon69 > 2016-09-06 17:44 | Report Abuse

still long way to go :)

Posted by hng33 > 2016-09-07 16:32 | Report Abuse

On track recovery :D)

Posted by pussycats > 2016-09-21 20:54 | Report Abuse

good counter. I buy. ;--))

Posted by voon1900 > 2016-09-29 18:23 | Report Abuse

whoever bought cd n hold til nw...i must congrats u！

Posted by Telecaster > 2016-10-04 08:16 | Report Abuse

Target price : RM2.26

https://sg.finance.yahoo.com/news/hock-seng-lee-robust-order-073025461.html


Hock Seng Lee – Robust Order Book Of RM2.3 Billion, Possible 30% Upside?
Shares Investment
By Tan Jiahui | Shares Investment – Thu, Sep 29, 2016 3:30 PM SGT

To be more precise, land reclamation, dredging and other specialised water-related engineering projects falls under a niche segment called marine engineering (or marine civil engineering).
This time round, we take a closer look at Sarawak-based infrastructure firm Hock Seng Lee (HSL), who is seen as a beneficiary of the increased infrastructure spending in the region. Given Sarawak’s swampy terrain, reclamation usually needs to be carried out before most construction activity can take place and HSL with its marine engineering expertise has an edge in this area.
Business
HSL started as a company principally engaged in dredging and land fill operations. As the firm grew in size, it began undertaking land reclamation projects of larger size and complexity, establishing itself as the Sarawak’s market leader in land reclamation.
Along the way, the group also acquired complementary expertise in soil improvement works, shore protection, drainage and water reticulation activities. Consequently, the firm diversified into a wide range of civil engineering and constructions works, which includes road works, township developments, tunnel boring as well as other infrastructure projects.
While the company has also dabbled in property development, its construction business is still the largest revenue contributor, accounting for 95.1 percent of FY15 turnover.
Since its listing in 1996, revenue has been on a general uptrend, albeit lumpy at times due to the nature of its project-based business. Similarly, net profit has also been fluctuating over the years, underpinned by the lumpy revenue recognition and cost pressures faced. That said, HSL has remained profitable each year since its listing, a commendable record.
Promising Outlook Underpinned By RM2.3b Order Book
Based on the close price of RM1.75 per share as of 28 September, HSL’s shares have slid approximately 18.2 percent from a high of RM2.14 per share in March. Apart from market volatility, the lacklustre 1H16 results was probably a main contributor to the poor share price performance.
For 1H16, top line fell 25.8 percent to RM249.3 million while earnings declined 22.9 percent to RM28.3 million. The weaker results were mainly attributable to lower revenue contribution for newer projects and the completion of older projects.
However, turnover and net profit are expected to pick up in 2H16, on the back of successive job wins for two major projects worth RM1.9 billion in 1Q16. The two contracts secured were for the RM750 million Kuching City Central Wastewater Management System (Package 2) project (HSL’s stake: 70 percent) and the RM1.7 billion Pan-Borneo Highway package 7 (HSL’s stake: 75 percent).
With the latest contract wins, HSL’s order book was boosted to RM2.3 billion as of 30 June 2016, which should keep the firm busy and provide earnings visibility for the next four to five years. As the new projects were only secured in March, revenue recognition was negligible for 1H16 though the pace is projected to pick up going forward.
Healthy Balance Sheet With Zero Debt
Apart from the outstanding order book, HSL also boasts a strong balance sheet with no debt and RM113.8 million in cash and equivalent and short-term investments as of 30 June 2016.
While the current dividend yield of around 1.4 percent is nothing to shout out about, we like that the firm has been consistently rewarding shareholders with dividend payouts in each year since its listing.

Overall though, analysts on the streets appear to be rather optimistic on HSL, with the consensus rating equivalent to a ‘Buy’ call and an average target price of RM2.26, which implies a possible 29.1 percent upside from the close price of RM1.75 on 28 September.

Posted by hng33 > 2016-10-06 16:18 | Report Abuse

reviving life of HSL with big volume :D)

Posted by Tan Toh Fei > 2016-10-07 17:05 | Report Abuse

kiv ... dun think will have any big move in short term ... fundamentally so so ... flat ...

Posted by hng33 > 2016-10-10 15:58 | Report Abuse

:D)

Posted by voon1900 > 2016-10-22 10:54 | Report Abuse

my deep condolence for hsl cd with0.005

Posted by bestbuy > 2016-10-23 22:08 | Report Abuse

Big shoot on coming week!

Posted by iloveshare128 > 2016-11-02 12:58 | Report Abuse

rocky.. u r once again proven to be a silly short-term speculator who expects buying a share today and gaining 100% the next day or so... did I say it will "explode" immediately? mind ur words...
i was collecting it when it was trading at low price and hold it for future growth when they are recognizing more revenue for Pan Borneo and Kuching City Central Wastewater Management System (Package 2) projects (during more matured construction phase)... the previous quarter just saw these 2 projects kick-started and recognized less revenue.. can you be less silly when commenting? if u have done zero homework, i suggest you just go gambling in casino....

Posted by hng33 > 2016-11-02 17:01 | Report Abuse

add more at 1.70

Posted by Hua Joshuaayoung > 2016-11-02 17:56 | Report Abuse

what was hapen today ?

Posted by hng33 > 2016-11-07 12:38 | Report Abuse

Higher progress billing from construction and infra work should lump in upcoming q result.

Posted by greatful > 2016-11-07 17:56 | Report Abuse

sleeping counter

Posted by greatful > 2016-11-07 17:57 | Report Abuse

best one because will not losing money and got dividend

Posted by dawstz > 2016-11-17 11:39 | Report Abuse

hehe...wont be long now....this counter has been on hibernation for quite some time already

Posted by iloveshare128 > 2016-11-18 15:08 | Report Abuse

guys... check on Bursa announcement...
http://www.bursamalaysia.com/market/listed-companies/company-announcements/#/?category=all&sub_category=all&alphabetical=All&company=6238

Amanahraya Trustee has been buying HSL a lot!!!!

Posted by iloveshare128 > 2016-11-18 15:10 | Report Abuse

Agree with hng33... last quarter result was soft because the PAN BORNEO project was at the kickoff phase so not revenue was not recognized.. in new few quarters, the revenue from Pan Borneo and the Kuching City waste water project... see below

However, turnover and net profit are expected to pick up in 2H16, on the back of successive job wins for two major projects worth RM1.9 billion in 1Q16. The two contracts secured were for the RM750 million Kuching City Central Wastewater Management System (Package 2) project (HSL’s stake: 70 percent) and the RM1.7 billion Pan-Borneo Highway package 7 (HSL’s stake: 75 percent).

Posted by iloveshare128 > 2016-11-18 15:12 | Report Abuse

With the latest contract wins, HSL’s order book was boosted to RM2.3 billion as of 30 June 2016, which should keep the firm busy and provide earnings visibility for the next four to five years. As the new projects were only secured in March, revenue recognition was negligible for 1H16 though the pace is projected to pick up going forward.
Healthy Balance Sheet With Zero Debt
Apart from the outstanding order book, HSL also boasts a strong balance sheet with no debt and RM113.8 million in cash and equivalent and short-term investments as of 30 June 2016.

Posted by hng33 > 2016-11-24 21:35 | Report Abuse

Hsl earning start recovering back

Posted by etct70 > 2016-11-25 10:38 | Report Abuse

the impact will gradually reflect.. perhaps one more quarter... the worst is over

Posted by iloveshare128 > 2016-11-25 11:28 | Report Abuse

http://rhb.ap.bdvision.ipreo.com/NSightWeb_v2.00/Handlers/Document.ashx?i=1df54f0098cd4b1fbf3d18fb6eb615dc

good writeup from RHB...

Posted by iloveshare128 > 2016-11-25 11:29 | Report Abuse

TP RM2.48 : 46% upside profit