what incinerator project are you all talking? even alam flora with DRB supporting behind does not have the capablity to set up one ,,,, what is HHH , a smallish firm involve in recycling of used motot oil want to venture in incinerator ... what a joke ......
Based on latest quarterly result ended 092016, the company earning recovered to a net profit of rm505k after tax. Net working capital is 2.4 times and its borrowing is 39 % against total shareholders funds. It's receivables is low and manageable and has good property assets. Net assets per share is 16 cts compared to its current price of 7 cts. At 7 cts my opinion is it is a good buy.
though latest quarter profit was 505k,it was losing money for the previous 4 quarters continuously.Its revenue is also reduced from 10mil per quarter from 2013 to current 5mil per quarter. Unless there is more +ve sign, like both profit and revenue can improve in next quarter, or the risk is still high.
as long as this uneducated and unprofessional CEO does not improve share price, there will be more and more bad news coming out for this company because of the directors negligence and degree of uselessness
Hiap Huat is directed by a family lead executive director team, son as CEO, wife as executive director and mother as director. Three other directors are non independent directors.
As long as this ridiculous directors still lead this company, this company will be doom for failure for many years. Shareholders, please pool your power to remove this useless directors in the next AGM. These directors collectively hold only 42%. The public has 58%. If you vote out these shareholders, you can appoint liquidator to liquidate the company at 16 cent per share.
BSC83 - your fengsui master missed HUATLAI. The name huat and lai is aligned with the golden rooster which will overpower any bad chi. Both you and your fengsui master should buy before it's too late!
Today Hiap Huat share volume reach 10 month high. After advice from Pahang feng shui master Chan sifu, Datuk Chan has start to push up Hiap Huat share. In the year of Rooster, Chan sifu tell Datuk Chan that his share must double Hiap Huat share price to RM0.16, then the God will bring good luck to the company and make the company profit to 888%. Datin Chou (Datuk Chan wife) gather all syndicate and launch push up share price to RM0.16 start today, until 31 January 2017. Now mega sales by Datuk Chan and Datin Chou (Both Director in the company)
The directors of this company really have no shame. Every year make losses and now want to con investors to buy this company share. Shameful beyond imagination
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Ang Kian Teck
549 posts
Posted by Ang Kian Teck > 2016-05-27 11:28 | Report Abuse
y sudden jump up?