Rocky.. where are you? Please come out and tell us all these contracts are fake... See what I had told you all upfront??? just check back my comments.. i said it before the release of these 2 announcement.. did I lie or make any empty statements? NO.. these are all facts...
Somemore, this RM1.7 billion is just for Phase 1 Pan Borneo... more will definitely come, just like the Kuching Waste water management project, after Phase 1, subsequent phases will likely be given to the same contractors (and HSL is always reputed for their quality and on-time completion)... so do you think HSL won;t win more Pan Borneo projects? and also SCORE projects... haha
yes... let's enjoy our champagne johnson... Rocky was trying to pull down HSL shares as I bet he wanted to buy the shares at much lower price... but honestly speaking, even if you enter at current price, u will still make handsome profits down the road as this share is still very much undervalued...
i think Rocky is just too greedy.. he wanted to spread bad news about HSL (but we all see these are great news, great project wins)... haha... so that he can buy at cheaper price.. that is very low class to me..
please look back at what Rocky was trying to do to insult me (before the awards of 2 big projects)... and it has now fully been validated that my views are right and this loser is just trying to pull down the share price...
rockycleft Please remove your lens cover ....hahaha 15/03/2016 09:03
rockycleft So many ifs.......hehehe 15/03/2016 15:35
rockycleft Mind sharing some tangible good news instead of dreams? Thx 16/03/2016 09:55
let me share more facts and some simple maths calculation... HSL 2015 Revenue was RM654,736,000. EPS was 13.87. The 1st project RM750million x 0.75 = RM562.50million over 6 years.. which means additional revenue of RM93.75million a year... next, 2nd new project: RM 1,710,431,718 x 0.7 = RM1.1973Billion over 51 months = RM281.718million additional revenue per year...
so u add up these numbers: 2016 revenue will be roughly RM654.736+RM93.75+RM281.718million = RM1030.204million!!! EPS is estimated to be 13.87sen / 654.736 * 1030.204 = 21.82 sen (up 57%)...
if PE is 15, the price will be RM3.27... Do u think PE 15 is too high? think about it, what is the focus right now? Sarawak projects.. and more projects from Pan Borneo Phase 2, 3... etc.. and SCORE projects will come in... so dun be surprised the EPS will be more than 21.82 sen in 2016 if HSL win more projects...
haha... u all see how Rocky twisted his words so quickly.. after knowing that we provided facts that he cannot deny.. this is the character of a typical loser... haha...
haha..rocky... i dun see you being of any grace or humility.. you started the insults when we are all sharing thoughts and real facts.. pls dun pretend like you are such a noble person, ok.. i feel like vomitting, ok... haha.. anyway, bye...haha
i think the HL, CIMB, Maybank RHB analysts need to revise their reports again after the RM1.7 billion new award that just came in today, after they released their TP forecast yesterday... haha
rocky... i dun act cocky to everyone, ok... but when someone challenges me with lame reasons (with own agendas/purposes) while I am telling facts, I got irritated... so I am actually courteous to others who dun talk nonsense.. haha
and why dun u comment about the 2 new project wins now?? I thought you want me to give you some solid proof (and not dreams like you insulted me).. haha
u see what... i dun simply tell ppl to buy a share when i dun have confidence in it.. this all has a good fundamentals as a solid base... that is why I got irritated when ppl thought I am "digging" a hole and ask ppl to jump in...
The Project is worth Ringgit Malaysia One Thousand and Seven Hundred and Ten Million, Four Hundred and Thirty One Thousand, Seven Hundred and Eighteen and Sen Ninety Only (RM1,710,431,718.90) and Hock Seng Lee Berhad has 70% equity in the Consortium.
Better margins than previous package. To recap, HSL was awarded Package 1 (RM452m) of the same wastewater project back in Oct 2008 which was completed last year. The difference this time around is that HSL is now undertaking the main contractor role as opposed to a subcontractor previously. As such, we opine that margins for this recent package are likely to be higher than the previous one.
which means for the EPS will increase more significantly vs the increase in revenue due to better profit margin... so my estimate of 21.82 sen may need to be revised to a higher number...
bro ahdi, as i mentioned.. it can easily hit RM3.27 based on the new project wins... if more projects are awarded, dun be surprised that the EPS will increase and the share price will hit >RM4
Positive surprise. HSL had been eying the Package 2 sewerage project for some time. The latest award is a positive surprise given that HSL has a 75% stake in the consortium, compared to only a 30% stake in Package 1, where its involvement was mostly sub-contracting work.
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....
mamatede
3,950 posts
Posted by mamatede > 2016-03-18 12:57 | Report Abuse
Pan Borneo highway contract announced !