HARN LEN CORPORATION BHD

KLSE (MYR): HARNLEN (7501)

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Last Price

0.40

Today's Change

0.00 (0.00%)

Day's Change

0.40 - 0.405

Trading Volume

527,200


2 people like this.

461 comment(s). Last comment by Lee Ying Yee 2024-07-30 22:03

abcb

3,054 posts

Posted by abcb > 2022-10-25 11:08 | Report Abuse

Insiders know that they are going to propose bonus issue this year and slowly push up the share price from 0.70 to highest 2.08 today
It will face some corrections for sure,pls don't greedy fir bonus issues, nothing special and attractive right now,unless they pay special dividend

abcb

3,054 posts

Posted by abcb > 2022-10-25 11:10 | Report Abuse

Base on calculation, it may drop back to 1.40 and slowly recovering back

abcb

3,054 posts

Posted by abcb > 2022-10-25 11:18 | Report Abuse

Net tangible asset worth 1.49

mf

29,214 posts

Posted by mf > 2022-10-25 11:20 | Report Abuse

collection

Posted by wallstreetrookie > 2022-10-25 11:21 | Report Abuse

You know nothing about the company except technicals @abcd.
This is the time to buy back

Posted by wallstreetrookie > 2022-10-25 11:23 | Report Abuse

Plantation is the next glove sector. It’s worth the risk @abcd

Posted by PauKacang > 2022-10-25 12:15 | Report Abuse

nah for me flushing stop limit

Posted by wallstreetrookie > 2022-10-25 15:40 | Report Abuse

Only poor and impatient traders use stop loss

Posted by wallstreetrookie > 2022-10-25 22:09 | Report Abuse

Need to look at the long term. We could be looking at a long energy (crude oil, palm oil) bull run. It is not over yet. Kuala Lumpur Kepong, oil companies like ExxonMobil will keep making money. Both energy and plantation sectors will be good for a long time.

VTrade

2,434 posts

Posted by VTrade > 2022-10-25 22:50 | Report Abuse

Rookie always look forward and beyond

Posted by wallstreetrookie > 2022-10-26 09:45 | Report Abuse

No need to panic, just relax bro

Posted by wallstreetrookie > 2022-10-26 09:45 | Report Abuse

short term correction, long term gain

VTrade

2,434 posts

Posted by VTrade > 2022-10-26 12:01 | Report Abuse

After lunch
Ya

Posted by wallstreetrookie > 2022-11-02 17:32 | Report Abuse

Do not sell Harnlen

Posted by wallstreetrookie > 2022-11-10 14:15 | Report Abuse

If Pakatan Harapan wins the next election, it will be bad for Harnlen and plantation sector because of tax policies on commodity companies. Plan accordingly.

Posted by wallstreetrookie > 2022-11-10 14:15 | Report Abuse

Corporate tax will go up if PH wins.

ahbah

6,238 posts

Posted by ahbah > 2022-11-10 14:20 | Report Abuse

If tax goes up, then what will happen to the our stk mkt, please ?

Posted by wallstreetrookie > 2022-11-10 14:36 | Report Abuse

Bad for corporations because government will boost taxes and increase spending to "help the people". In reality, government will increase corporate tax and spend it on infrastructure and green energy. These are all bad for commodity producers that have low ESG/sustainability score.

KLSE will have a slight sell-off if PH takes the election and vice versa. Foreign investors really hate Anwar Ibrahim and Mahathir. A few years ago, when PH was elected, huge equity outflows in Tenaga, Petronas Dagangan and Kuala Lumpur Kepong. Inflows in telecommunication and tech companies like Time Dotcom, Greatech and Malaysian Pacific Industries (2019 - 2021).

Posted by wallstreetrookie > 2022-11-11 21:52 | Report Abuse

Harnlen is a very well-managed company. Energy and plantation will definitely do well. If labour shortage didn't happen, plantation sector would've done much better. My final price target for Harnlen and last comment on this forum. It has been a wild ride for all investors/traders. Good bye and good luck to y'all

winetime

527 posts

Posted by winetime > 2022-11-13 16:57 | Report Abuse

Time to TP soon - Around 2 ? The knife is getting sharp. Profit until fat fat , time to leave.

Posted by seamaninvest > 2022-11-14 16:38 | Report Abuse

well said, see good then leave. This election seems not so friendly to Mr. market.

Posted by Adam92Rosli > 2022-12-02 17:54 | Report Abuse

Harn Len Corp Bhd’s shareholders have approved its eight-for-five bonus issue of 399.24 million shares at the extraordinary general meeting (EGM) today.

“The proposed bonus issue of shares serves to reward existing shareholders for their loyalty and continued support to Harn Len group.

“The board had taken into consideration that the proposed bonus issue of shares will enable shareholders to increase the number of Shares held with no cash outlay required, while retaining their percentage of equity interest held,” Harn Len said in a filing with Bursa Malaysia.

Posted by Adam92Rosli > 2022-12-02 17:55 | Report Abuse

“The resultant lower theoretical ex-bonus Harn Len share prices as compared to the existing Harn Len share prices before the proposed bonus issue of shares may provide an avenue for shareholders to participate in Harn Len shares at a lower price point,” Harn Len said.

The proposed bonus issue is expected to be completed by the fourth quarter of 2022.

Luka77

7 posts

Posted by Luka77 > 2022-12-22 21:16 | Report Abuse

Big movement incoming ?

https://youtu.be/2uSHKng6l-4

troy88

3,042 posts

Posted by troy88 > 2022-12-23 09:14 | Report Abuse

Time to surge again after Bonus announcement

Tripaka

2,961 posts

Posted by Tripaka > 2023-01-12 08:51 | Report Abuse

Jakel

Posted by thethinker > 2023-01-12 11:42 | Report Abuse

Take whatever price now, next week will surge above rm1

alenac

2,655 posts

Posted by alenac > 2023-01-13 10:02 | Report Abuse

Sold Plantation in 2020, now buy almost vacant land? Reason food security business. Can anyone explain the rationale behind MD moves? Or because last time sold and make a profit and now buy land to start another plantation?
Jakel needs money to rebuild the outlet after 2 infernos. Suspicious fires may delay insurance payments. So is this a good buy opportunity for Harn Len? Looks like sell on news? More shares are to be issued at 70 sen a piece for part cash and balance in shares consideration.

Markv572421

3,380 posts

Posted by Markv572421 > 2023-02-17 09:10 | Report Abuse

Come on harnlen pls break 0.75 !!!!

Cakes Moon

6,930 posts

Posted by Cakes Moon > 2023-02-28 18:30 | Report Abuse

Financial result habis cerita!!!

Posted by seamaninvest > 2023-10-19 12:32 | Report Abuse

Wow, directors were collecting back the company shares

Posted by berbolabiru > 2023-11-16 19:02 | Report Abuse

Guys, this company seriously have issues, stop supporting it!

1. From the AGM, there is a withdrawal of one director Mr. Low Kok Yong out of nowhere. In the history for public companies in Malaysia, rarely such case happened, something must be happening.

2. Change of financial year to hide comparison results? All the supporters for HARNLEN is pouting that the company have so much assets, so what did these assets do for investors? NTA for the company is 94 cents, but never had I seen the company really utilizing anything to make sure it is profitable.

3. Ridiculous exposure of information, seriously - look at their press release, the note is worst than ChatGPT's work. Since the management and board cannot make money, can at least make information available looks nicer?

4. The 2004 joint eventure through Premium Dragon with Pelita Holdings - now all trees are matured, how about replanting? Management is like another FGV in the making?

Posted by berbolabiru > 2023-11-16 19:03 | Report Abuse

Share price go up = people come comment, syndicated?

Dehcomic01

341 posts

Posted by Dehcomic01 > 2023-11-23 10:59 | Report Abuse

From a fundamental perspective, Harn Len ROE is more volatile that that of my 2 Bursa plantation reference companies – Bplant and KLK. https://ujianehc.blogspot.com/2023/11/bursa-plantation-sector.html
Worst still over the past 7 years, there was only 1 year that Harn Len did better than either of them. https://i.postimg.cc/PJkFCzDK/Harn-Len.png
From a share price perspective, I think the market price has run ahead of its ROE. Unless you are a speculator, you should be worried about this pattern.

mf

29,214 posts

Posted by mf > 2023-12-12 16:03 | Report Abuse

sell

berfikir

507 posts

Posted by berfikir > 2023-12-13 14:18 | Report Abuse

buy

Posted by NatsukoMishima > 2023-12-13 18:50 | Report Abuse

Ham lin loh !gamblers !

Rose001

92 posts

Posted by Rose001 > 2023-12-14 11:38 | Report Abuse

anyone know why this stock tumbled down so much?

Posted by NatsukoMishima > 2023-12-14 19:22 | Report Abuse

Where got tumble so much , havent reach below 10 sens !

Posted by StephenChow > 2023-12-19 11:51 | Report Abuse

Change of board room, and finally stabilizing on a price it deserve. imo a good entry point anything below 0.55

Posted by NatsukoMishima > 2023-12-20 21:40 | Report Abuse

Ham lin stock

ysyap84

170 posts

Posted by ysyap84 > 2024-03-29 16:15 | Report Abuse

Resignation of Auditor... share price plunged...Possible to retrace to 0.36 and bounce back to build double bottom???next few trading days will get the answer!!!

Posted by Lee Ying Yee > 2024-03-29 16:27 | Report Abuse

30c /???

Posted by Lee Ying Yee > 2024-05-01 21:10 | Report Abuse

this year . all plantation company made money , only u ?? why >?

Posted by Lee Ying Yee > 2024-07-16 21:23 | Report Abuse

i want to buy 22c ? but.......

Posted by Lee Ying Yee > 2024-07-18 08:45 | Report Abuse

all plantation company make money . only you ? why ? mr.Low let me acquisition your company at 0.003c ??

Posted by Lee Ying Yee > 2024-07-18 09:31 | Report Abuse

you have seventeen thousand acres ? cannot made money ????????????

Posted by Lee Ying Yee > 2024-07-22 17:14 | Report Abuse

next tg 22c ?

Posted by Lee Ying Yee > 2024-07-25 05:53 | Report Abuse

low family disposed 7500share and 14000 share , than buy back 2000 share only . i guess this company will bankruptcy ????

Posted by Lee Ying Yee > 2024-07-30 22:03 | Report Abuse

why qr revenue only $50m ??

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