Posted by moneygoddess888 > 2015-02-16 11:15 | Report Abuse

these counter looks red almost everyday for past 3months..LOL..

Posted by gymkhana > 2015-02-16 18:10 | Report Abuse

company announcement is nothing... http://www.bursamalaysia.com/market/listed-companies/company-announcements/1876845

Posted by liew hang > 2015-02-16 18:22 | Report Abuse

0.03 for 3 months and 0.035 for another 3 months.ding dong there for the rest of this year.before totally desepiar from klse

Posted by free2rhyme0628 > 2015-02-17 08:12 | Report Abuse

dong dong dong chiang...dong dong dong chiang...hope the ship will not disappear from the radar, but keep sailing through with breeze.

Posted by Shacks > 2015-02-17 12:27 | Report Abuse

Seems to me the management have no intention to bring up the price...

If they are focusing on improving the business, then I'm glad. If they've given up on the business... Then it's time for us investor to move on as well.

Am I thinking the right way?

Posted by izoklse > 2015-02-17 12:50 | Report Abuse

have to wait for 100 year.

Posted by kakisaham > 2015-02-17 12:54 | Report Abuse

ini saham tak boleh main...dia penyakit keturunan

Posted by Shacks > 2015-02-17 13:19 | Report Abuse

Nampak macam mereka sendiri pun tak main...

Posted by free2rhyme0628 > 2015-02-17 13:30 | Report Abuse

Sabar taiko2 sekalian, tunggu keputusan keluar akhir bulan ini baru tengok dapat main tak. Buat masa sekarang ini, biarlah kami orang ikan bilis kumpul sikit2 dulu

Posted by free2rhyme0628 > 2015-02-17 13:41 | Report Abuse

yang keluar duit beli saham ini pun bukan kerana duit banyak entah nak simpan kat mana. new shareholder/merging (rumours + pasal asiabio tu lah), lower oil price/operational costs (mathematical facts), business turning good (from last Q report + sailing schedule)......macam2 kebarangkalian la mungkin mereka nampak sesuatu yang orang lain tak nampak

Posted by Atarah > 2015-02-17 16:57 | Report Abuse

I stand by free2 view very good summary point

Posted by liew hang > 2015-02-18 12:14 | Report Abuse

1000 years also this counter cant go up, dnt ever listen to stupid rumors ask to buy.you buy they sell.you sell they buy cheap

Posted by candlewick > 2015-02-18 14:27 | Report Abuse

This counter exit from container shipping business and maximising their break bulk business. The liner business will cease operation fye 30th Sept. 2015.

Posted by izoklse > 2015-02-18 15:00 | Report Abuse

Source : http://www.thestar.com.my/Business/Business-News/2015/02/18/Hubline-to-exit-loss-making-container-shipping-business/?style=biz

Hubline to exit loss making container shipping business

KUALA LUMPUR: Hubline Bhd is exiting the container shipping business industry following losses incurred by the division over the last few years while it also does not see an immediate turnaround.


The company said on Wednesday a continued participation in the sector would eventually “harm” its profitable operations of the break bulk division.


Hubline said it had to reassess the group’s financial and operational strategies due to the losses incurred by the division over the last few years.


It said the board had done a detailed deliberation and review of all relevant factors, and have decided to exit from the container shipping business industry and therefore will be discontinuing the group’s container shipping operations.


Explaining the rationale for stopping these operations, it said the container liner industry had long been suffering since the economic crisis and overcapacity in the market is still evident.


“The global liner industry is struggling with the depressed freight rates to meet operating costs. The global trade patterns are fast changing which is challenging to our operating model.


“Consequently, competition for cargo is still very fierce and operators are struggling to stay profitable with the depressed freight rate environment,” it said.


Hubline said the board has a duty to protect the shareholder’s investment in the group, and concluded this was the right time to sever the container shipping arm of the group, and instead focus the group’s time and resources to what will maximise shareholder return.


“The group’s break bulk division has the potential to develop and grow without being challenged by the pressures of subsidising the container shipping division,” it said.


It added the exit process would involve withdrawal from various trade routes, termination of related service and operational contracts, as well as the disposal of container shipping related assets.


Hubline anticipates the liner business will cease its operations by the current financial year ending Sept 30, 2015. The move would also impact various subsidiaries and agencies related to the liner business.


“The exit will have a material effect on the financial results of the group for the financial year ending Sept 30, 2015, as impairments and losses will be crystallised to terminate the drain to the group’s resources.


“The container shipping division, in the last four years, has contributed an average of 79% to the group’s overall revenue, and an average of -134% of profit before tax, hence an overall negative impact to the group’s overall net result,” it said.


Hubline said the group’s main activity would remain as shipping, however, the focus will shift towards break bulk shipping.


Break bulk shipping is a viable and sustainable division with good prospects of further growth.


Subject to market conditions during the exit process and the company’s successful execution of its exit plans, the estimated one-off costs to the income statement are expected to be approximately RM350mil for FY ending Sept 30, 2015.


“However, over the long term, as the group concentrates on its profitable break bulk division, the board anticipates a positive impact to the group’s earnings,” it said.

Posted by izoklse > 2015-02-18 15:04 | Report Abuse

Hubline said the board has a duty to protect the shareholder’s investment in the group, and concluded this was the right time to sever the container shipping arm of the group, and instead focus the group’s time and resources to what will maximise shareholder return.

Posted by moneygoddess888 > 2015-02-18 15:14 | Report Abuse

time to cut loss n move to other better counter before we lose 100% cap on this shitty counter

Posted by liew hang > 2015-02-18 15:55 | Report Abuse

what to protect investors .damage allready done..wait for capital reduction.good return for investors

Posted by liew hang > 2015-02-18 16:12 | Report Abuse

maximise shareholder return. to 0.01 very soon

Posted by koyokui > 2015-02-18 19:28 | Report Abuse

Buy buy tp .07

Posted by khairua > 2015-02-18 21:57 | Report Abuse

Mana komen dari mereka2 yg proo hubline share?

Posted by is861001 > 2015-02-18 23:50 | Report Abuse

masuk laut

Posted by RobbinBuffet > 2015-02-19 00:13 | Report Abuse

What i see is ceasing and selling the unprofitable container business. This is cutting loss.Then keeps the profitable business. There is more reason to buy the share than sell. The question is when do you buy? Now? End of september? There is bound to be cash flow from the selling. Not a bad thing after all.

Posted by Dentist > 2015-02-19 01:03 | Report Abuse

Hubline is quitting the shipping business, the end!

Posted by izoklse > 2015-02-19 01:29 | Report Abuse

RobbinBuffet is correct they still in shipping business it just that they cut unprofitable business. Ring a bell MISC ? The also having the same problem and the company taking bold decision by cutting unprofitable business and maintain the profitable one.

Posted by sheep > 2015-02-19 10:49 | Report Abuse

monday down to 1sen

Posted by candlewick > 2015-02-19 11:54 | Report Abuse

Technically, this counter will fall under PN17....doubt whether it will go down the drain? There are so many counters under
PN17 yet there are a lot of people making money. Be positive guys,,,..requote..`its not a death sentence'.

Posted by DDK > 2015-02-19 12:11 | Report Abuse

It will take time to turn back to the peak,after that will become stronger and stronger...hubline,i will see you in the long-term...i confident on you

Posted by stteck > 2015-02-19 12:56 | Report Abuse

What next? How the company generate cash flow to repay its loan? S
How the company fund the 350mil?

Posted by Shacks > 2015-02-19 14:13 | Report Abuse

There's so many ways for a listed company to get funding to repay the loans or to increase their capitalisation. Depending on how the management chooses their path.

Hubline been cutting losses, so this is considered a move in the recovery process, therefore, the result can only be seen in 2-3 years time. More patience is needed for us investors to see it's glory once again.

Happy Chinese New Year....

Posted by alamandaamanda > 2015-02-19 16:21 | Report Abuse

Biasalah..Dah lah hutang bank banyak sangat wang.. Tak nak jual bot, nak tunggu bank lelong ker ? alasan aje nak quit quit container..

Posted by alamandaamanda > 2015-02-19 16:24 | Report Abuse

orang yang jual pisang goreng sejak turun temurun tu, sekarang nak close bisnes pisang, nak jual burger pula .... haha...

Posted by alamandaamanda > 2015-02-19 16:27 | Report Abuse

Kalau ko salah satu pembeli pisang goreng setia, teka teka apa yang akan berlaku next ? ...

Posted by alamandaamanda > 2015-02-19 16:29 | Report Abuse

Kalau everyone nak makan burger yang sedap macam pisang goreng dulu... boleh boleh... ada harapan....

Posted by alamandaamanda > 2015-02-19 16:31 | Report Abuse

their cash left 10 mil, gaji pun tak cukup bagi..... debt....huh....beratus million... duduk kira pun tak habis..

Posted by alamandaamanda > 2015-02-19 16:32 | Report Abuse

property 450 million.. expected loss jual boat dalam 350 million...
Tinggal 100 million.. itu untuk bonus bonus director lagi...

Posted by alamandaamanda > 2015-02-19 16:34 | Report Abuse

gerai lama tutup, orang baru yang jual burger akan masuk...jangan takut semua ye...

burger ini gurantee buat duit punya.. tak macam bisnes pisang dulu...sebab raw material pisang naik harga... tapi pisang goreng harga terkawal..

Burger ada burger special.. harga boleh runding...kao kao untung ye.

Posted by alamandaamanda > 2015-02-19 16:36 | Report Abuse

tapi harga gerai dan periuk untuk masak burger mahal...
Peminat setia pisang goreng, ada tak yang nak sponsor sikit.. barulah boleh start bisnes baru ni.

Posted by alamandaamanda > 2015-02-19 16:38 | Report Abuse

par value dulu 20 sen...
kalau right issue, takut tak de orang beli....
jadi mungkin par value kena reduce... (par value reduction)...
mungkin jadi 5 sen atau 1 sen....

Posted by alamandaamanda > 2015-02-19 16:41 | Report Abuse

lepas tu, combine 10 lot jadi satu lot...
3.5 sen jadi 35 sen.... cantik tak harga ni...
tuan tuan dan puan puan yang peminat pisang goreng selama ini, demi masa depan bisnes burger yang sesedap bisnes pisang, dapat kah anda sponsor sikit sikit... beli right issue kita.....

janji company untung punya.....

Posted by alamandaamanda > 2015-02-19 16:43 | Report Abuse

demi masa depan investor investor yang dihormati, anda cuma perlu sponsor sikit sikit lagi...right issue bukan mahal sangat pun.

jangan ragu ragu lagi ye.. mesti future bagus punya....kita buat semua demi masa depan anda.

Posted by alamandaamanda > 2015-02-19 16:47 | Report Abuse

windup business no need approval from any gov authority or other shareholders...which is announced in bursa..

Sebab nak jaga hati anda...supaya tidak kena heart attack in chinese new year...

The best ang pao...

Posted by alamandaamanda > 2015-02-19 16:51 | Report Abuse

new company masuk, new director masuk, new management masuk, tunggu apa lagi...

new year, a new starting, a new face, new business, new aim, new future, new roadmap, new promise, new director, new ambition, ...... apa lagi kurang ?

... New right issue.....new private placement... buy new ship... new debt.... new contract...

Posted by Tonto > 2015-02-19 16:56 | Report Abuse

don't listen to newbie....hehe!

Posted by izoklse > 2015-02-19 17:28 | Report Abuse

liew hang i saw you so many time here and asking people not to buy or just curse this counter. Why are you here if this counter don't have any future. Just get lost. focus on those counter u believe have a future for you.

Posted by alamandaamanda > 2015-02-19 17:30 | Report Abuse

atarah... your container kena ship pakai boat mana pula ? Bot ni macam dah tak service...

Posted by alamandaamanda > 2015-02-19 17:35 | Report Abuse

dulu kata nak join oil and gas, sekarang nak pula break bulk..

dulu scrap scrap ship .. sekarang nak scrap lagi ker jual ker ? Duit tu semua pergi mana ?

Posted by khairua > 2015-02-19 17:46 | Report Abuse

Alamandaamanda jangan la kutuk atarah...

Posted by DDK > 2015-02-19 21:18 | Report Abuse

Hahaha...totally agree with you...those guy keep talking bad thing if you not confident on this share then you just sell or don't buy la why must spread the negative thing here

Posted by khairua > 2015-02-20 05:24 | Report Abuse

conclusion buy or sell?

Posted by sheep > 2015-02-20 09:45 | Report Abuse

sell-lah. sell all. gonna go down to 1sen.