HSS ENGINEERS BERHAD

KLSE (MYR): HSSEB (0185)

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Last Price

0.52

Today's Change

0.00 (0.00%)

Day's Change

0.51 - 0.53

Trading Volume

2,730,400


3 people like this.

3,480 comment(s). Last comment by Liposenze 2 days ago

Posted by wallstreetrookie > 2021-08-26 09:53 | Report Abuse

RM0.8 price target right?

LossAversion

1,653 posts

Posted by LossAversion > 2021-08-26 09:55 | Report Abuse

huh? still got people interested in this boring counter!

Posted by wallstreetrookie > 2021-08-26 11:57 | Report Abuse

yep

Posted by wallstreetrookie > 2021-08-26 11:58 | Report Abuse

I do

Botaichi

36 posts

Posted by Botaichi > 2021-08-26 13:12 | Report Abuse

still here.

Posted by wallstreetrookie > 2021-09-07 15:44 | Report Abuse

nice

Posted by wallstreetrookie > 2021-09-17 09:20 | Report Abuse

Any market color on this?

VTrade

2,434 posts

Posted by VTrade > 2021-09-19 12:57 | Report Abuse

What colour u want?

awesome20

1,138 posts

Posted by awesome20 > 2021-09-19 20:38 | Report Abuse

agreed with

Posted by wallstreetrookie > Aug 26, 2021 9:53 AM | Report Abuse

RM0.8 price target right?

Posted by wallstreetrookie > 2021-10-14 09:10 | Report Abuse

Lol buy

Posted by wallstreetrookie > 2021-10-15 17:02 | Report Abuse

Happy weekend!

KINGCOBRA

550 posts

Posted by KINGCOBRA > 2021-10-15 21:23 | Report Abuse

next week can touched 65s I will be the happiest man!

Posted by wallstreetrookie > 2021-10-17 19:49 | Report Abuse

HSS Engineers Berhad Upgrade to Overweight

With a short-term price target of RM0.80

Posted by wallstreetrookie > 2021-10-25 08:47 | Report Abuse

Slap the ask let's go

LossAversion

1,653 posts

Posted by LossAversion > 2021-10-25 08:48 | Report Abuse

Ha, ha, still the same!!! Lucky dispose and make $$$ elsewhere!

$$ BUYSELL $$

1,413 posts

Posted by $$ BUYSELL $$ > 2021-11-28 18:05 | Report Abuse

if volume come sure up

Posted by investortrader88 > 2021-12-17 10:58 | Report Abuse

Managed to get some tickets at RM0.43.good luck guys

$$ BUYSELL $$

1,413 posts

Posted by $$ BUYSELL $$ > 2021-12-28 09:20 | Report Abuse

collect collect 0.43

nextan

713 posts

Posted by nextan > 2022-01-11 00:33 | Report Abuse

Tomorrow LU loh

awesome20

1,138 posts

Posted by awesome20 > 2022-03-31 18:52 | Report Abuse

who like this one?

Posted by talhahsuhaimi > 2022-04-11 17:56 | Report Abuse

new project

Marihome

138 posts

Posted by Marihome > 2022-08-05 09:11 | Report Abuse

why trading halted

ks55

2,633 posts

Posted by ks55 > 2022-08-08 20:42 | Report Abuse

Why major shareholders selling immediately after the announcement? Very strange.

matt88

29 posts

Posted by matt88 > 2022-08-29 12:18 | Report Abuse

Private placement of up to 20 per cent of paid up at 20 per cent discount. Market practice is only 5 per cent discount. No wonder the price drop so much after the announcement. Major shareholder sold before announcement. Is this insider trading. Bursa please investigate.

Yu_and_Mee

3,229 posts

Posted by Yu_and_Mee > 2022-09-07 11:27 | Report Abuse

buy buy buy

Posted by Thirai Thiraviam > 2022-09-07 11:29 | Report Abuse

Hi matt88 - I am not overly concerned about the major shareholder's sale of 2 mil shares, which, according to the same Bursa announcement, makes up barely 2% of her (MADAM SHANTAMALAR A/P C.SIVASUBRAMANIAM) holdings. So, I wouldn't link it with private placement exercise announcement that was made a few days later on Aug 17.

Anyone here in the know re the proposed private placement, beyond what was announced? Thanks in advance.

Yu_and_Mee

3,229 posts

Posted by Yu_and_Mee > 2022-09-07 11:30 | Report Abuse

no worry, just buy

Posted by Thirai Thiraviam > 2022-09-07 14:58 | Report Abuse

Having looked a little deeper into HEB, I found that the recently concluded quarter was its best since Q3-2018. Its profit margin had for the first time since the earlier period crossed the 10% threshold. The earnings per share, too, is the best since the earlier period.

Should HEB were to maintain a similar performance moving forward -- I think this is highly likely given its recent big wins and its performance over the years paying down debt -- at an annualized EPS of, say, 3.2 cents, and a PER of 28 (based on past performance), we get a target price of RM 0.89. If we were to conservatively price it at 15 (for the so-called Peter Lynch Earnings Line), we'd get a target price of RM 0.47.

So, at RM 0.355, HEB does appear to be selling at a discount of 25% to 60%, depending on how conservatively we price the business. To me, it's a buy.

manastha

13 posts

Posted by manastha > 2022-09-08 00:18 | Report Abuse

this counter is for long term holders

Eurus1973

562 posts

Posted by Eurus1973 > 2022-09-11 20:27 | Report Abuse

Just buy & hold

Eurus1973

562 posts

Posted by Eurus1973 > 2022-09-11 20:32 | Report Abuse

Election soon, construction cantik

Posted by InvestorwithIQ > 2022-09-21 15:14 | Report Abuse

HSS Engineers (HSS MK)
BUY (maintain) Price Target: RM0.82
Up/Downside: +115.8% Previous Target (Rating): RM0.82 (BUY)
Multiple growth drivers
➢ We hosted HSS management for a meeting with 12 institutional investors
➢ The RM998m Project Management Consultant (PMC) secured contract for the
Klang Valley MRT Line 3 (MRT3) project provides good earnings visibility
➢ HSS is expanding its engineering services to other industries and pursuing
overseas expansion to diversify geographically. HSS remains a sectortop BUY
with an unchanged target price (TP) of RM0.82, based on a 2023E PER of 18x
MRT3 PMC contract provides long-term earnings visibility
HSS accepted the Letter of Appointment from MRT Corporation on 4 August 2022 to
provide PMC services for the MRT3 project with an estimated value of RM997.9m over
the expected duration of 11 years. We understand that the revenue will mostly be
recognised in the first 8 years for the engineering design and project management of the
civil works portion of the MRT3.
Geographical diversification and expansion of services
HSS’ remaining order book of RM1.5bn will provide earnings visibility over the coming 5-
8 years. New contract wins hit a new high of RM1.09bn YTD 2022. HSS is still targeting
another RM150-200m of contract wins in 2H22 with a tender book of RM400m currently.
Some ongoing bids/negotiations for new projects are the Bayan Lepas and Johor LRTs,
Sarawak Metro, Westport Phase 2, PJD Link Highway, KL-Karak Highway Widening,
Kuching Airport expansion, and flood mitigation, water and sewerage projects. HSS is
also expanding geographically by pursuing Asian projects in collaboration with Japanese
consultants and expanding its services to other industries such as the telecommunication
(5G network infrastructure) and digital technology (data centre) sectors.
Private placement and bonus issue of warrants
HSS proposed a private placement of new shares up to 20% of share capital and bonus
issue of 1 warrant for every 3 existing shares held on 17 August 2022. We gather that the
private placement is a contingency plan and the new equity issuance will only be required
if HSS needs working capital for its projects. Indications are working capital requirements
for its projects can be met with internally-generated funds and bank borrowings. Net
gearing is low at 0.1x as at end-2Q22. Hence, new equity funding from the proposed
private placement and exercise of warrants may not be required, in our opinion.
Remains a top sector BUY
The core 2023E PER of 8x is attractive considering its strong 2-year core EPS CAGR of
45% in 2023-24E. We maintain our BUY call with a 12-month TP of RM0.82, based on
target 2023E PER of 18x. Key risks are political uncertainties and slow roll-out of
infrastructure projects.

nelsonlim

457 posts

Posted by nelsonlim > 2022-09-27 16:30 | Report Abuse

ini hsseb also creeping up. after cuci semua

nelsonlim

457 posts

Posted by nelsonlim > 2022-10-06 16:35 | Report Abuse

hsseb rly cum. secretly to 43c

fruitcake

598 posts

Posted by fruitcake > 2022-10-06 18:20 | Report Abuse

not enough oomph

manastha

13 posts

Posted by manastha > 2022-10-06 23:32 | Report Abuse

slowly and steadily

steven rt

151 posts

Posted by steven rt > 2022-11-10 20:13 | Report Abuse

Any idea when 4Q results out?

steven rt

151 posts

Posted by steven rt > 2022-11-10 20:15 | Report Abuse

Good write ups, project wins but not moving, why?

henry888

2,203 posts

Posted by henry888 > 2022-11-25 07:12 | Report Abuse

No operator kah, volume so low ??? Will sky rocket if Federal can increase development fund from 5% to10% as requested by Premier.

Posted by skwong8908 > 4 days ago | Report Abuse

Hope it will benefit from KL-SG project

Liposenze

47 posts

Posted by Liposenze > 2 days ago | Report Abuse

Anthony loke follow pmx visit china

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