HARN LEN CORPORATION BHD

KLSE (MYR): HARNLEN (7501)

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Last Price

0.345

Today's Change

-0.005 (1.43%)

Day's Change

0.345 - 0.345

Trading Volume

35,000


2 people like this.

455 comment(s). Last comment by Lee Ying Yee 1 month ago

tualp

452 posts

Posted by tualp > 2020-11-23 13:13 | Report Abuse

Looks like privatization is deemed certain. The share price keep on increasing in fact other counters like Jtiasa, Kimloong alr dropped.

A lot of ppl keep on talking about privatization of Harnlen in the market. especially JB market, all johorian started to buy harnlen.

RTS site just 5 mins from Harnlen's hotel. So, cut the story short, buy harnlen wont go wrong.

tualp

452 posts

Posted by tualp > 2020-11-24 08:36 | Report Abuse

Super Good QR of Harnlen going to announced today or tml.

Be prepared for the best ya,

investorbat

1,375 posts

Posted by investorbat > 2020-11-24 09:23 | Report Abuse

break 0.745 ,all the way to 0.80

tualp

452 posts

Posted by tualp > 2020-11-24 10:26 | Report Abuse

congratulations to all the shareholders, target price 0.90/0.95 (privatization coming, announcement will come together with QR which to be released today evening or tml).

Insider knew it and sapu yesterday and today morning. T + 3 so today and tml is show time.

I am not so greedy, privatize @ 0.90 is ok for me.

tualp

452 posts

Posted by tualp > 2020-11-24 15:11 | Report Abuse

Look at Harnlen, over 900 counters drop. Harnlen is the only few counters with green.

Now strong support at 0.745.

It tells you something going to happen.

Harnlen, privatize at 0.90 / 0.95

24/11/2020 3:08 PM

tualp

452 posts

Posted by tualp > 2020-11-24 15:43 | Report Abuse

PRIVATISATION CONFIRM???RM0.95......

tualp

452 posts

Posted by tualp > 2020-11-25 14:08 | Report Abuse

All in harnlen....gogogo privatization is coming 0.90/0/95 Buy before too late.

tualp

452 posts

Posted by tualp > 2020-11-26 11:16 | Report Abuse

good support, go go go...yesterday the drop is fake drop. all the way to 0.90/0.95

investorbat

1,375 posts

Posted by investorbat > 2020-11-26 18:58 | Report Abuse

disposal gain of $132mil,NTA shoot to $1.65

investorbat

1,375 posts

Posted by investorbat > 2020-11-26 19:00 | Report Abuse

coming Q will be good,this Q average cpo price at $2,500,next Q will be average above $3,000

Jimmy Song

212 posts

Posted by Jimmy Song > 2020-11-26 19:00 | Report Abuse

Harn Len Q3FYE2020 PAT Surges To RM113.4 Million On the back of gain on disposal as well as higher CPO and PK prices

https://klse.i3investor.com/blogs/waynesbusiness/2020-11-26-story-h1536641563-HARN_LEN_Q3FYE2020_PAT_SURGES_TO_RM113_4_MILLION.jsp

Jimmy Song

212 posts

Posted by Jimmy Song > 2020-11-27 11:51 | Report Abuse

Harn Len returns to black in Q3 with RM113.3 mln profit - Bernama

KUALA LUMPUR, Nov 26 -- Harn Len Corp Bhd returned to the black in the third quarter ended Sept 30, 2020, with a net profit of RM113.28 million against a net loss of RM6.98 million in the same quarter last year.

The group’s revenue increased by 19.5 per cent to RM36.14 million from RM30.23 million a year ago, the oil palm plantation and oil milling operator said in a filing with Bursa Malaysia today.

“Growth was mainly due to higher average selling prices of crude palm oil (CPO) and palm kernel,” it said.

For the first nine months of the current financial year, Harn Len recorded a net profit of RM98.44 million versus a net loss of RM26.91 million, while its revenue rose by 12.1 per cent to RM82.81 million from RM73.84 million previously.

Harn Len’s plantation division remained the major revenue contributor, accounting for 97 per cent of total revenue, followed by three per cent from the property and other divisions.

Managing director Low Quek Kiong said the group’s prospects were bright as the CPO price increased to the RM3,000 level since the end of the third quarter.

“Our significantly enhanced financial position from the gain on disposal, aided by the favourable buoyant CPO price, means we can continue to commit to our key measurements and rollout our strategic executions to improve productivity and profitability.

“This enables delivery of sustainable growth while maintaining an optimistic outlook on the sector and CPO price,” he said.

Harn Len expects the CPO price rally to continue and soften in the second quarter of the financial year 2021 onwards with an average price of RM2,500 per tonne.

https://www.bernama.com/en/business/news.php?id=1905963

Solidrock

55 posts

Posted by Solidrock > 2020-11-30 12:14 | Report Abuse

With higher CPO price and now cash rich,next quarter will perform very well.

Posted by Daniel Chow > 2020-12-02 12:00 | Report Abuse

Expect price to move higher in the next two-three months

tualp

452 posts

Posted by tualp > 2020-12-02 17:16 | Report Abuse

Hold tight, privatization news coming by this month end. Offer price 0.95. everyone sure huat huat got angbao from Late Tan Sri.

Harnlen harnlen go go go.

nightfly

342 posts

Posted by nightfly > 2020-12-04 09:12 | Report Abuse

Coming now ... big new going announce soon

investorbat

1,375 posts

Posted by investorbat > 2020-12-04 10:00 | Report Abuse

something fishy,open gap up 4.5 cent with 200,000 volume

nightfly

342 posts

Posted by nightfly > 2020-12-04 10:10 | Report Abuse

Investorbat .. mean good or bad?

investorbat

1,375 posts

Posted by investorbat > 2020-12-04 10:48 | Report Abuse

stock under value NTA above $2 if revalue,this is very thin traded counter if buy must hold.Im still holding which bought at 0.60. Cpo price keep rising,demands better valuation for Harn Len's total plantation more than 6,000 ha

nightfly

342 posts

Posted by nightfly > 2020-12-04 11:30 | Report Abuse

Tq investorsbat ... like tuaip said privatization.. look like is coming to be true ... see the last month result ..

investorbat

1,375 posts

Posted by investorbat > 2020-12-04 14:08 | Report Abuse

if i were the boss,i will take it private not less than $1,he is holding more than 70% and needs to buy up around 60mil shares and 18mil wa only.

nightfly

342 posts

Posted by nightfly > 2020-12-06 13:52 | Report Abuse

Last month they sold the piece of land, now got the capital to privatization ...last Friday one big jump indicate someone insider know the news .. so watch out .. this Monday

nightfly

342 posts

Posted by nightfly > 2020-12-07 08:04 | Report Abuse

Crude Palm Oil: RM3,437 (+RM105, +3.15%)*
⬆ Resistance: 3520
⬇ Support: 3190

Good sign .. another pushing ...

nightfly

342 posts

Posted by nightfly > 2020-12-07 08:06 | Report Abuse

Happy trading everyone

tualp

452 posts

Posted by tualp > 2020-12-22 17:39 | Report Abuse

hold tight tight lor.....tml gap up 0.75

Posted by unclekyyisbest > 2020-12-29 15:35 | Report Abuse

upupup

Topper88

253 posts

Posted by Topper88 > 2021-01-25 21:38 | Report Abuse

Anyone knows why there are so many announcement on 25 Jan?

andr

458 posts

Posted by andr > 2021-02-03 11:48 | Report Abuse

BBB

andr

458 posts

Posted by andr > 2021-02-15 18:08 | Report Abuse

about time...

yenhan

22 posts

Posted by yenhan > 2021-05-13 21:57 | Report Abuse

This counter low PE, high EPS, high DY (although just one time last year), is this a gem? Or...?

megat36

175 posts

Posted by megat36 > 2021-05-13 22:25 | Report Abuse

yes

Posted by MuttsInvestor > 2021-07-23 22:30 | Report Abuse

What Happened ???

Posted by StephenChow > 2021-07-26 16:57 | Report Abuse

my 9th senses says a rocket is coming

stockfreak

777 posts

Posted by stockfreak > 2021-07-26 16:59 | Report Abuse

My super butt sense tells me many stocks will get 1 day tour especially those might be benefited from rising USD.

Read my butt, one-day tour only.

Posted by MuttsInvestor > 2021-07-26 22:00 | Report Abuse

LoL ..... Harnlen has "Little Free Float" in the market. ... Wait to see What will Happen.

not_wendy

75 posts

Posted by not_wendy > 2021-08-02 20:07 | Report Abuse

Got potential?

Posted by Kristina Melody > 2021-08-05 20:59 | Report Abuse

really. what about the strong pin bar?

calvintaneng

54,219 posts

Posted by calvintaneng > 2021-08-05 21:02 | Report Abuse

Harnlern cornered stock

Be very careful

Best sell Harnlern & switch to safer TSH Resources or Thplant to protect profits as they all all Palm Oil shares as well

Fann0329

15 posts

Posted by Fann0329 > 2021-08-11 20:49 | Report Abuse

Uptrend is over, heading south to 0.60

ding dong

1,870 posts

Posted by ding dong > 2021-08-14 16:09 | Report Abuse

likely retrace to order block b4 last bigger jump and kaput

Posted by MuttsInvestor > 2021-08-19 15:56 | Report Abuse

Sit back and ENJOY the Ride. Else .... Have Pop Corn and " Up and Down " roller coaster.

Posted by MuttsInvestor > 2021-08-19 15:57 | Report Abuse

"Boss' of Harelen ..... Maybe "Replaced" by new owners ?????

Cheah5555

173 posts

Posted by Cheah5555 > 2021-08-20 17:34 | Report Abuse

Harnlen is in uptrend !

Fann0329

15 posts

Posted by Fann0329 > 2021-08-21 11:38 | Report Abuse

Anybody knows when is the coming AGM?

Posted by Profit2Go > 2021-08-23 17:49 | Report Abuse

The next TAFI ?!! Got almost the same trend. RM2.40 in 1-2months to go !!! XD

nickwan

23 posts

Posted by nickwan > 2021-08-25 11:39 | Report Abuse

Game over

Awang87

338 posts

Posted by Awang87 > 2021-08-25 11:47 | Report Abuse

Lari cepat sebelum limit down. Ni stock tipu punya, operator sama dengan Tafi. Tipu orang punya. Cepat lari sebelum menjunam sampai 30 sen.

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