Posted by George99 > 2014-01-16 07:48 | Report Abuse

Interesting chat now in hubline. Pro and con. I accept both view
Just depend how you evaluate the view of both. Thanks both and all for their info....

Posted by Shacks > 2014-01-16 09:06 | Report Abuse

Waiting.... waiting...

Posted by gain_gain > 2014-01-16 09:15 | Report Abuse

means price will start push up?

Posted by Shacks > 2014-01-16 09:18 | Report Abuse

Huat ah!!!!

Posted by gain_gain > 2014-01-16 09:26 | Report Abuse

today seems no volume.

Posted by gain_gain > 2014-01-16 09:35 | Report Abuse

high chances foreign investor are leaving, these few days US currency is up against ringgit.

Posted by gain_gain > 2014-01-16 09:39 | Report Abuse

mayb be tmr bursa no trading, that's why today not much volume. all wait and see.

Posted by Shacks > 2014-01-16 09:41 | Report Abuse

Everyone standby wan bring family go Batu Caves watch Thaipusam procession tmr. So today no mood wan trading lo.

Posted by gain_gain > 2014-01-16 09:51 | Report Abuse

you are right. but for us small potato hard to get something there. :)

Posted by Shacks > 2014-01-16 09:53 | Report Abuse

Agree with gain_gain. We will nvr get such first hand news.... How to make much $$ from KLCI.

Thanks Vincent for sharing these news.

Posted by gain_gain > 2014-01-16 10:02 | Report Abuse

I trust you Vincent. Hubline is one of my big investment lately. Hope to huat ar huat ar.

Posted by gain_gain > 2014-01-16 10:09 | Report Abuse

Totally agreed with you, Vincent. Thank you for sharing this info to us.

Posted by gain_gain > 2014-01-16 10:50 | Report Abuse

yes, waiting there. LOL.

Posted by Shacks > 2014-01-16 11:02 | Report Abuse

Maybe those TA chart analysis are not really applicable to penny stock's as their trading trends and pattern differs from those higher value stocks.

Posted by gain_gain > 2014-01-16 11:12 | Report Abuse

wow... high risk high return.. but seems 0.05 very hard to get. LOL

Posted by Shacks > 2014-01-16 11:14 | Report Abuse

Vincent, how to accumulate at 0.05? It's floating between 0.65 and 0.055.

Posted by Shacks > 2014-01-16 11:20 | Report Abuse

Thanks Vincent.

Posted by Shacks > 2014-01-16 11:44 | Report Abuse

Correction & Profit Taking time?

Posted by Shacks > 2014-01-16 12:02 | Report Abuse

Totally agree.

Posted by Shacks > 2014-01-16 12:26 | Report Abuse

gain_gain, starts sweating cold sweat d, lol? Market is indeed not very encouraging today...

Vincent, u mean Hubline b shifting its attention to something new?

Posted by Shacks > 2014-01-16 15:01 | Report Abuse

Guys, today see market oso sianz. Most of d numbers r in red.

Posted by Shacks > 2014-01-16 15:05 | Report Abuse

gain_gain, u got buy Iris and Daya during their bullish ride upwards ?

Posted by Shacks > 2014-01-16 15:14 | Report Abuse

Ic. I cud have made more in Iris, but scared during the first correction, that I quickly sold all.

Posted by Shacks > 2014-01-16 15:21 | Report Abuse

Yes. Agree.

Posted by Shacks > 2014-01-16 20:38 | Report Abuse

Vincent, possible to shoot beyond 0.08, say 0.10?

Posted by Shacks > 2014-01-16 20:44 | Report Abuse

Warlow.... so much money for informations?!?!?

Thanks again for sharing those infos with us FOC, Vincent bro.

Posted by Shacks > 2014-01-16 20:57 | Report Abuse

Yes,but never thought the price is damn high. But isn't putting all the eggs in 1basket, kinda risky?

Like this l also have to add more liao lo.

Posted by sheep > 2014-01-16 21:01 | Report Abuse

If fund managers think it's cheap - why not sapu all. Must a trap here. Greedy retailers beware.!

Posted by Risk Trader > 2014-01-16 21:07 | Report Abuse

Waiting 0.05 cent to buy 1 mil share....

Posted by Shacks > 2014-01-16 21:17 | Report Abuse

haha...
Hopefully, the info you share here is true and be coming soon.

Posted by investnow > 2014-01-16 21:20 | Report Abuse

This is really not investing. It's more like gambling on one stock and hoping that the news are true. For goodness sake, Hubline has been at this price like forever....unless u're playing at 0.05 or 0.055 and selling it at 0.06....anyway, if ur news are accurate and it's going to happen within 2014, I'm sure the fund managers can wait. something doesn't sound right here....let's be rational and not overly optimistic

Posted by investnow > 2014-01-16 21:35 | Report Abuse

Good luck man!

Posted by Shacks > 2014-01-16 21:52 | Report Abuse

Well said. Steady...

Posted by Shacks > 2014-01-16 22:15 | Report Abuse

Got kang tao liao lo

Posted by izoklse > 2014-01-17 01:16 | Report Abuse

im waiting for 0.05 or 0.055.

Posted by Alphabeta > 2014-01-20 15:24 | Report Abuse

Hubline is the turnaround story after a series of painful cuts and impairments after 2008 global financial crisis. In FY ended 30 Sept 13, it has written off close to RM 200mil resulting an after tax loss of RM 190 mil. Its current NTA is around RM 14 cent.

If you believe that the world economy is prospering and global trade is on the upswing again in 2014, then it will be a good omen for shipping company like Hubline, at least there is hope of recovery. Its CEO has proclaimed that there will not be anymore scrapping of vessels after FY13 and all inefficient ships already out of the way. The costly write-off will not repeat in FY 2014.

Its core shipping businesses comprised on dry bulk and container shipping. The average ageing of its fleet is around 10 years, 28 of its current 30 vessels are wholly-owned. Two are rented from third party. Half of its fleet is used for dry bulk and the rest for container shipping. All its current profit is from dry bulk and all dry bulk vessels are fully utilised. It may need to buy 2 dry bulk ships with the next 12 months. Another round of borrowings is required. Its dry bulk operations deliver a gross profit margin of about 20%. In contrast, the container shipping side is just breaking even.

The strategy is deliberate – while all of its dry bulk vessels are fully-owned, Hubline will stick to chartering additional container ships so that it isn’t tied down in case the market takes a dive.

In order to improve its top-line growth and start making profit again, it intends to restart its Oil & Gas support division. Though it has ready operational and technical teams but need to borrow for capex investment - a mid-size AHTS will cost RM 60mil each. The current charter rate is improving and such venture should be bankable. There will be a surge in demand for Oil & Gas support services due to Petronas’ five years RM 300bil investment in Crude production. Hubline is looking for potential JV partners in this business.

As of 30 Sept 2013, its gearing level is 55% (RM 93 mil short-term loans and RM 154 mil long-term loans). Chance of gearing shooting up to 100% is high.

Given Hubline’s aggressive write-offs this year, industry watchers say the firm will close FY13 in the red but see it returning to profitability in FY14. If we take its last quarter result in FY ended 30/09/13, its PATAMI is RM 2.5 mil. If we assumed this continue into FY 2014 without the expansion plan, the best guesstimate will be RM 10 mil profit for the year.

Another risk factor is its operating cash flow not able to support its repayment of bank loan falling due. Either the loans need to be restructure or another round of corporate exercise to raise fund is required.

To cut the story short, investing in Hubline is a high risk venture with potential upside. With inflation raring its ugly head in year 2014 and imminent hike in interest rate, borrow more to expand will put further pressure on its profitability and cash flow.

Posted by Sayangku > 2014-01-20 15:59 | Report Abuse

Alphabeta, thanks for taking the time to share the great insight on this counter. Much appreciated!

Posted by morivae > 2014-01-20 16:02 | Report Abuse

goreng goreng,,,,,><

Posted by Shacks > 2014-01-20 16:53 | Report Abuse

Thanks Alphbets for the insight on Hubline.

Posted by Mozaic > 2014-01-20 19:50 | Report Abuse

Just waiting for breakeven,wasted my time invest this ctr...wat to do

Posted by Shacks > 2014-01-21 09:40 | Report Abuse

Really praying hard this ctr wont bcome another Luster....

Posted by Shacks > 2014-01-21 09:49 | Report Abuse

KNM now not worth to jump in the wave for some quick contra gain meh? Looks like itz good for some fast CNY angpow leh.

Posted by Shacks > 2014-01-21 09:57 | Report Abuse

Understood, din know there was plan to goreng KNM until saw the volumes. Thanks gain_gain.

Posted by smallboy > 2014-01-21 10:09 | Report Abuse

Me sudah cabut at 0.065 ady good luck all..if director sincerely want those share.. Why dun consolidate into 10 to 1?

Posted by rlch > 2014-01-22 07:33 | Report Abuse

KNM keep rising. When can related company Hubline follow?

Posted by investnow > 2014-01-22 10:19 | Report Abuse

wow....still buying at that price after so long....so, when you guys targetting it to hit 0.07 or 0.08?

Posted by jimboyz > 2014-01-23 19:20 | Report Abuse

next year...lol

Posted by Shacks > 2014-01-23 21:33 | Report Abuse

2015 or after CNY?

Posted by rlch > 2014-01-23 22:27 | Report Abuse

2 years ago there is a play after CNY. Will this year repeat? Anyway down side risk is limited maybe lowest is 5sen until CNY.
http://klse.i3investor.com/servlets/stk/chart/7013.jsp

Posted by Christopher Tan > 2014-02-04 09:23 | Report Abuse

Let's hope Hubline will have a better year performance in Year of Horse 2014 ! Time to climb up....