HUAT LAI RESOURCES BHD

KLSE (MYR): HUATLAI (7141)

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Last Price

5.00

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


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74 comment(s). Last comment by StockLearner 2016-11-24 17:21

who_am_i

31 posts

Posted by who_am_i > 2015-12-09 11:10 | Report Abuse

up liao. Maybe TPC is up.... huat!

who_am_i

31 posts

Posted by who_am_i > 2015-12-09 11:14 | Report Abuse

If calculate using PE & EPS compare with QL, this counter get more than RM 5.

susheel

86 posts

Posted by susheel > 2015-12-10 15:33 | Report Abuse

profit margin extremely low... change in business condition can easily cause loss...

Harvard57

495 posts

Posted by Harvard57 > 2015-12-15 22:03 | Report Abuse

this share is tightly control by boss n his relative, i doubt any institution got chance to buy it cheap, even goreng to rm8 also yau tak tai mor tak sek !

Posted by Ultraman32 > 2016-02-18 17:13 | Report Abuse

Has anyone heard of any target price for this counter?

huahtai98

770 posts

Posted by huahtai98 > 2016-02-27 23:32 | Report Abuse

4th qtr always a loss. ???

huahtai98

770 posts

Posted by huahtai98 > 2016-11-23 09:42 | Report Abuse

Huatlai is currently grossly undervalued. Not only is the NTA per share of 6.05 higher than the takeover price of 5.00....it is a fat money making business with huge turnover....more than 20 times its paid up capital and steadily increasing annually. Fair value, as i see it, shd be around RM10....correct me if i am wrong. Thank you.

Posted by teoh1968benson > 2016-11-23 11:17 | Report Abuse

Horace pek, NTA 6.04 stated in the latest QA.

Posted by teoh1968benson > 2016-11-23 11:19 | Report Abuse

Sorry it's NA, NOT NTA.

goody99

1,814 posts

Posted by goody99 > 2016-11-23 11:25 | Report Abuse

the takeover price of RM5 per share is ridiculously low even without the impressive 3Q result released yesterday. Very unfair to individual investors.

huahtai98

770 posts

Posted by huahtai98 > 2016-11-23 11:39 | Report Abuse

Again, assuming no loss again in the 4th qtr, at the offer price of RM5, it is valued with an extremely low PE ratio of less than 5.......where can you find an established money making business with very promising prospects at such low valuation. I hope a third party or the SC can intervene.

Posted by Horace Pek > 2016-11-23 11:52 | Report Abuse

ok, I will not accept their offer of RM5... wait for revised offer or Mandatory Take Over.

By Q3, PE already 5 .
By full year, PE could be as low as 4 only.

To be fair, the offer price should be around RM8.

Grossly undervalued.
I am happy to continue owning my stake in Huatlai.

Posted by StockLearner > 2016-11-23 13:41 | Report Abuse

How much the major shareholder holding? if 90% and above, Horace, whether you like it or not, mandatory take over happens.

OOMMGG

678 posts

Posted by OOMMGG > 2016-11-23 17:18 | Report Abuse

Close to 75%. Get another 15%, minority holder will at loss.

Posted by Horace Pek > 2016-11-23 18:44 | Report Abuse

Market price higher than offer price, who so stupid?

huahtai98

770 posts

Posted by huahtai98 > 2016-11-23 20:53 | Report Abuse

将来的事,留给时间去证明。

quah

12 posts

Posted by quah > 2016-11-24 10:00 | Report Abuse

Bursa Securities shall suspend trading of the HLRB Shares upon the expiry of five (5) market days from 7 December 2016

quah

12 posts

Posted by quah > 2016-11-24 12:30 | Report Abuse

5. RECOMMENDATION
5.1 BY MERCURY SECURITIES
Although the Offer is deemed “not fair”, Mercury Securities is of the view that the
“reasonable” view outweighs the “not fair” view taking into consideration the illiquidity
of the HLRB Shares and accordingly, the Offer provides an exit opportunity to the
Holders (especially for those holding a significant number of the HLRB Shares) to
realise their investment in the HLRB Shares in cash at the Offer Price without incurring
transaction costs such as brokerage, clearing fee and Malaysian stamp duty. Since
the listing of HLRB on 3 July 2002 up to the LPD, the HLRB Shares have never
traded above the Offer Price (save for only four (4) Market Days i.e. 6 November
2015, 9 November 2015, 11 November 2015 and 11 February 2016).
Accordingly, Mercury Securities recommends the Holders to ACCEPT the Offer.

Posted by Horace Pek > 2016-11-24 13:08 | Report Abuse

what will they do if I not accept after closing date.

quah

12 posts

Posted by quah > 2016-11-24 13:28 | Report Abuse

u cant do anything

quah

12 posts

Posted by quah > 2016-11-24 13:28 | Report Abuse

by force, u have to accept it

Posted by StockLearner > 2016-11-24 17:21 | Report Abuse

A good counter... sayonara...

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