HARN LEN CORPORATION BHD

KLSE (MYR): HARNLEN (7501)

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Last Price

0.41

Today's Change

+0.005 (1.23%)

Day's Change

0.40 - 0.415

Trading Volume

1,026,700


2 people like this.

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

Posted by TokanCorner > 2012-06-02 00:26 | Report Abuse

My view on HARNLEN 7501 @ http://bit.ly/JRYH1w

eftee

1,210 posts

Posted by eftee > 2013-09-27 23:46 | Report Abuse

What happened. I keyed in to sell at 95c and went to sleep. Woke up to find all sold and hit the roof at 1.02, up 24c. only made 10c :(. Something big is up? too late holding no more

hobson64

653 posts

Posted by hobson64 > 2013-09-28 15:28 | Report Abuse

Rookie8833, why you are so sure? Is already up 0.24

Posted by Tan Siew Ting > 2013-09-29 11:30 | Report Abuse

Price ruses coz selling asset -lands . Co is poorly managed n seldom pay dividend?

hobson64

653 posts

Posted by hobson64 > 2013-09-29 20:40 | Report Abuse

The family always fight for money, where got time to run the business as a cohesive team

Posted by rookie8833 > 2013-09-30 09:01 | Report Abuse

family fight good for minority shareholders... bcos they may realize the Company estate (>10k ha of plantation estate) to get back the investment...

hobson64

653 posts

Posted by hobson64 > 2013-09-30 09:26 | Report Abuse

they are desperate for money

Lim AS

275 posts

Posted by Lim AS > 2013-09-30 09:30 | Report Abuse

sold asset to realise cash? do u think they will pay to minority shareholders? This is really a big question. When oil palm hits RM 3500 , this co pay nothing , when the price hit rock bottom , it choose to sell assets to make profits ? What type of co is this ? Real heart ache co?

eftee

1,210 posts

Posted by eftee > 2013-09-30 09:34 | Report Abuse

You r right Lim AS. that's why I quickly sold all. How to know they are selling for RM189m. Later in the day news only came out.

Posted by rookie8833 > 2013-09-30 09:40 | Report Abuse

eftee, HARN LEN already announced their sale of this land in Bursa Malaysia
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1420453

Posted by lizziewong > 2013-09-30 09:59 | Report Abuse

I think it is a matter of time that the company will have to unlock the values, because of family feud. The father is 95 years old. His young wife and sons who are older than the wife are sitting on the board. Only sold 2500 ha and can make profit of RM140 mil! Company is asset rich... and with the coy in limelight now, other suitors to buy their assets or seek out backdoor listing may surface... just my guess.

tjhldg

27,218 posts

Posted by tjhldg > 2013-09-30 10:06 | Report Abuse

:)

Posted by rookie8833 > 2013-09-30 10:07 | Report Abuse

Lim AS, HARN LEN paid dividend every year in 08, 09, 10, 11 when they make money. Only in 12 this company turn into net loss then they stop paying dividend.

Posted by rookie8833 > 2013-09-30 10:10 | Report Abuse

lizziewong, agree.... this 1st piece of land sale to BOUSTEAD may just be the beginning. Don't forget FGV (or some call it FELDA) got more than RM4.0b cash earmarked to buy plantation landbank

Posted by lizziewong > 2013-09-30 10:16 | Report Abuse

This coy is very low profile... only read more about it after the estate sale. Price shot up alot since Friday, but I think for those who are patient to wait the reward would be very good. Instead of buying property, maybe can accumulate the shares.. hopefully I am not wrong.

tjhldg

27,218 posts

Posted by tjhldg > 2013-09-30 10:26 | Report Abuse

hehee ... buy 1.12 .. boleh mati tak

Posted by lizziewong > 2013-09-30 10:29 | Report Abuse

tj if u no play margin, ok gua...

twim

302 posts

Posted by twim > 2013-09-30 10:35 | Report Abuse

sounds interesting..i am in at 1.12 3 biji first..can hold for a while

tjhldg

27,218 posts

Posted by tjhldg > 2013-09-30 10:46 | Report Abuse

lizziewong
hehee .. the margin cap price is only 0.60 .. but quite ok lah buy at 1.12 ... kopi duit ada

twim

302 posts

Posted by twim > 2013-09-30 10:52 | Report Abuse

i see you queing at 1.12...

tjhldg

27,218 posts

Posted by tjhldg > 2013-09-30 10:56 | Report Abuse

twim
hehee .. i direct take the seller but only partially match that time ,, then go down to 1.10 .. i buy more .. hehee .wanna sell at what price ? happy trading

twim

302 posts

Posted by twim > 2013-09-30 10:59 | Report Abuse

tj,holding 95% cash..hands itchy...haha
i am thinking of at least 1.25 short term n 1.35 mid term...

tjhldg

27,218 posts

Posted by tjhldg > 2013-09-30 11:02 | Report Abuse

yalo .. u r right ,, really hands itchy ... today market .. punter should stay side line ...

hobson64

653 posts

Posted by hobson64 > 2013-09-30 11:02 | Report Abuse

buy and hold lah, sure declare big dividend soon

qwer1234

177 posts

Posted by qwer1234 > 2013-09-30 11:06 | Report Abuse

Dear All, If u gain just sell, This is typical Chinese Man sytle company .They won't share when they have big profit. I know this company very well.

tjhldg

27,218 posts

Posted by tjhldg > 2013-09-30 11:13 | Report Abuse

rebound !

twim

302 posts

Posted by twim > 2013-09-30 11:28 | Report Abuse

Hi qwer, thanks for the advise. Will monitor closely.

twim

302 posts

Posted by twim > 2013-09-30 11:28 | Report Abuse

Tj, hope afternoon limit up again n lari kuat kuat.

tjhldg

27,218 posts

Posted by tjhldg > 2013-09-30 11:42 | Report Abuse

haha .. hope so .. but can we wait till limit up ? lol

Lim AS

275 posts

Posted by Lim AS > 2013-09-30 18:28 | Report Abuse

I came to know from the papers that harn lern was formerly put in trust by the shareholders to the present set of management . Lands were supposed to be distributed to the landless but somehow or rather , the lands finally ended up in some other ppls hand via swapping ? May someone enlighten me on this?

9696_88

173 posts

Posted by 9696_88 > 2013-09-30 19:54 | Report Abuse

what happen drop back from 1.32

twim

302 posts

Posted by twim > 2013-09-30 22:55 | Report Abuse

Wait for tomorrow go above rm1.32. Cannot go up too fast...

twim

302 posts

Posted by twim > 2013-10-01 09:22 | Report Abuse

uhmm pick up or cut loss...pick up or cut loss..scarey if it drops like those goreng counters..

9696_88

173 posts

Posted by 9696_88 > 2013-10-01 10:16 | Report Abuse

what happen drop so much

twim

302 posts

Posted by twim > 2013-10-01 10:51 | Report Abuse

perhaps it has gone up too fast...hopefully agm go through and shareholders ask for big fat dividend...

Posted by rookie8833 > 2013-10-01 10:56 | Report Abuse

twim, when is HARNLEN AGM?

twim

302 posts

Posted by twim > 2013-10-01 11:15 | Report Abuse

sorry..should be egm for shareholder approval of the disposal....still dunno date yet(but within 2 months) but sale n purchase should be completed by latest jan 2014.

Posted by rookie8833 > 2013-10-01 11:58 | Report Abuse

twim, this guy says HARNLEN worth RM1.80...do you agree? Check this out http://klse.i3investor.com/blogs/wallstreetklci/37748.jsp

twim

302 posts

Posted by twim > 2013-10-01 12:10 | Report Abuse

Agree IF the owners sell off all their land or if they do a re-evaluation of their assets. Then NA maybe adjusted to > rm3 actually..wif present sale NA is already at rm2.13. My 2c is when share price was at 75c, NA is rm1.36...after sale, NA is rm2.13 meaning the share price should be at rm1.20 minimum now.
01/10/2013 12:09

Lim AS

275 posts

Posted by Lim AS > 2013-10-01 15:01 | Report Abuse

SELLING SPREE!

Lim AS

275 posts

Posted by Lim AS > 2013-10-02 12:24 | Report Abuse

the share is hovering around 70+ cts n now is RM 1.00+. Already priced in after discounting the loss ?

multi530

342 posts

Posted by multi530 > 2013-10-04 11:43 | Report Abuse

bought at 1.03...

FAST_5

403 posts

Posted by FAST_5 > 2013-10-04 11:44 | Report Abuse

gone la u multi530

multi530

342 posts

Posted by multi530 > 2013-10-04 12:06 | Report Abuse

fast_5, aku dah jadi "Crab"

twim

302 posts

Posted by twim > 2013-10-16 19:40 | Report Abuse

Sudah mari guys..crab ke lobster skarang ?

mahli

63 posts

Posted by mahli > 2013-10-17 12:20 | Report Abuse

current price take into accn capital gain & other tax....need to pay lor!

Posted by shuatlim76 > 2014-01-07 21:07 | Report Abuse

what happened to harnlen? gap down today

asrul

5 posts

Posted by asrul > 2014-01-15 15:40 | Report Abuse

time to sell

Posted by Crystal Chin II > 2014-03-06 15:24 | Report Abuse

Haen Len 1.28 jz now.. any news?

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