HSS ENGINEERS BERHAD

KLSE (MYR): HSSEB (0185)

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Last Price

1.04

Today's Change

0.00 (0.00%)

Day's Change

1.01 - 1.05

Trading Volume

229,000


3 people like this.

3,518 comment(s). Last comment by GoldenCoin23 2 weeks ago

RMSB

258 posts

Posted by RMSB > 2017-04-27 14:58 | Report Abuse

Now starting to fall........ Dropped 2sen already.

sigma99

127 posts

Posted by sigma99 > 2017-04-27 14:59 | Report Abuse

Hold

Posted by geoffreylee > 2017-04-27 15:19 | Report Abuse

today volume is small, no worry

heng0202

983 posts

Posted by heng0202 > 2017-04-27 15:32 | Report Abuse

HEB Group successfully clinched RM103 million worth of contracts in the short span of eight months since its listing in August 2016;  Management is positive the Group would secure more projects in the near future based on its proven track record;  HEB Group looks forward to better growth prospects ahead and endeavours to maintain its earnings growth momentum.
Kuala Lumpur, 27 April 2017 – HSS Engineers Berhad (“HEB” or the “Company”) held its Annual General Meeting (“AGM”) today. The Audited Financial Statements for the financial year ended 31 December 2016 together with the reports of the Directors and Auditors were duly received by the Company’s shareholders. All resolutions under the Ordinary and Special Business were duly passed by HEB’s shareholders.
Speaking to media after the AGM, Executive Director of HEB, Dato’ Sri Ir. Kuna Sittampalam said, “2016 was a good year for us, having delivered a commendable set of results where our FY16 revenue and net profit surged 14.4% and 38.3% year-on-year to RM139.0 million and RM14.0 million respectively. 2017 has so far been a great year for us as well. In the short span of eight months since listing, we have successfully clinched a total of RM103 million worth of projects, with the most recent one being the RM17.9 million contract win from MyHSR Corporation (“MyHSR”) for the Kuala


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Lumpur-Singapore High Speed Rail (“HSR”) project. The package that we were awarded is one of the largest by geographical distance. Furthermore, out of the six packages available under this Civil Reference Design (“CRD”) stage, we are one of the only two local firms appointed as a CRD consultant, with the remaining three being international firms. This reflects our strong engineering and technical capabilities, which are on par with the international players.”
“On another note, HEB Group was also involved in the East Coast Rail Line (“ECRL”), having completed the feasibility studies and schematic design for the project. Based on our experience, track record and prior involvement, we believe we stand a good chance to undertake further role in the project. All in, we have a tender book of approximately RM300 million. Historically, our Group has had a fairly good tender success rate and thus, we hope to announce more good news soon.”
“As one of the leading engineering consultancy firms in Malaysia, we have in the past been involved in various major infrastructure projects such as the Maju Expressway, LRT- Ampang line extension, Penang Bridge widening, SKVE expressway, and many more. Looking ahead, the Construction Industry Development Board (“CIDB”) estimates the construction sector to grow 8% in 2017, boosted by numerous mega infrastructure projects in the country. Against this robust backdrop, we foresee the Group’s outlook to be promising as it is well positioned to secure more contracts in the near future. It is our endeavour to maintain our earnings growth momentum in the foreseeable future.” Dato’ Sri Kuna added.
As at December 2016, HEB Group has an order book of RM378.4 million. Selected key projects currently undertaken by the Group include the MRT line 1 & 2, Kwasa Damansara Township Development, Lebuhraya Putrajaya-KLIA (MEX II), Suke Highway and West Coast Expressway, to name just a few. The


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Group shall continue to actively tender for new projects to replenish and grow its order book. It looks forward to a stronger performance for the financial year ending 31 December 2017 (“FY17”).
On the corporate front, HEB had on 4 April 2017, announced on the proposed transfer of its listing status to the Main Market of Bursa Malaysia Securities Berhad, subject to regulatory approvals. Barring unforeseen circumstances, the exercise is expected to be completed in the second half of 2017.

farinsight

128 posts

Posted by farinsight > 2017-04-27 15:44 | Report Abuse

heng0202 sifu,

thank you very much, your input is super fast and highly appreciated!

Posted by geoffreylee > 2017-04-27 15:59 | Report Abuse

@farinsight He copy paste la, from today HSSEB announcement

Posted by geoffreylee > 2017-04-27 16:00 | Report Abuse

@heng0202 so hardcore promote hsseb in dataprep

heng0202

983 posts

Posted by heng0202 > 2017-04-27 16:07 | Report Abuse

no call u buy oh....just information only..... will move o main board on second half 2017,and u will know this current price u never can get any more... hahaha

The_Reds

2,025 posts

Posted by The_Reds > 2017-04-27 19:29 | Report Abuse

heng...u went to the agm today?

heng0202

983 posts

Posted by heng0202 > 2017-04-27 20:36 | Report Abuse

no go...but this is a supergem stock i think

The_Reds

2,025 posts

Posted by The_Reds > 2017-04-27 21:08 | Report Abuse

im already holding some...just want to know what happen in agm b4 top up more

Posted by geoffreylee > 2017-04-27 22:47 | Report Abuse

my avg below 0.6, i hope it can close above 1

adamant

387 posts

Posted by adamant > 2017-04-28 09:13 | Report Abuse

why despite so many good news it just yoyo up to 1.02 and down to 0.88 every time. Haiyah.... luckily sell half at 1.00. Now wait to pick up at 0.89 again

slng

117 posts

Posted by slng > 2017-04-28 10:09 | Report Abuse

sold. too much gaming for too long. better focus on other stock counter

Posted by Moneyymaker > 2017-04-28 15:37 | Report Abuse

hold tight tight

Pavillion

3,100 posts

Posted by Pavillion > 2017-04-28 16:05 | Report Abuse

The two local cos are Ranhill Engineers and Hss; Hss get longer routes. They must ensure local participation for knowledges and technology transfers. Will add on to already impressive Hss profile.

heng0202

983 posts

Posted by heng0202 > 2017-04-28 17:31 | Report Abuse

they will diversified their business the manager not play play one...

Esperian

139 posts

Posted by Esperian > 2017-04-29 13:13 | Report Abuse

Investors will know the true value of this stock. One of the best local companies with great expertise and extensive experience in what they do.

heng0202

983 posts

Posted by heng0202 > 2017-04-29 14:44 | Report Abuse

haha geoffreylee thanks for support

Posted by Vanguard168 > 2017-04-30 17:56 | Report Abuse

Time to see some good show

heng0202

983 posts

Posted by heng0202 > 2017-05-02 14:46 | Report Abuse

bankers still at there no worry

pathew

2,028 posts

Posted by pathew > 2017-05-02 14:59 | Report Abuse

see end of today's close, should be able to absorb t4 contra sellers before next upleg

lhcjames

58 posts

Posted by lhcjames > 2017-05-03 13:36 | Report Abuse

Still holding. Wait to transfer to main board

Posted by Moneyymaker > 2017-05-03 15:43 | Report Abuse

buy buy buy

RMSB

258 posts

Posted by RMSB > 2017-05-03 16:51 | Report Abuse

hit RM1 and now fallingggggg

heng0202

983 posts

Posted by heng0202 > 2017-05-03 18:14 | Report Abuse

it a patience game. just wait and focus on your work

Pavillion

3,100 posts

Posted by Pavillion > 2017-05-03 18:44 | Report Abuse

People think HSR project will only going for tender in 4Q2017....infact the co as it now already bid for tender projects amounted to RM300M domestic jobs and another RM150M for oversea jobs.

That not included HSR and ECRL project. Engineering co. will have roles in various stages including early stages of planning and preparing for tender i.e. study, specifications etc. So expect they will be given an early jobs before any one else.

In AGM....ED said historically, our Group has had a fairly good tender success rate and thus, we hope to announce more good news soon.”

The co has long relationship with Prasana, MRT, Government, Peneraju etc...will have good chance to win more projects.

Personally I think if Election in September, they will speed up the awards before election.

The_Reds

2,025 posts

Posted by The_Reds > 2017-05-03 18:56 | Report Abuse

If tomolo drop again then I will top up...very good counter to hold till it transfer to main market

Posted by projecti2016 > 2017-05-04 14:52 | Report Abuse

If dip below 90 is opportunity to buy

heng0202

983 posts

Posted by heng0202 > 2017-05-04 17:35 | Report Abuse

要穩定不要亂 penta我就是因爲早賣才沒肉吃

The_Reds

2,025 posts

Posted by The_Reds > 2017-05-04 17:44 | Report Abuse

Q at 0.905 din get..tomolo continue..hopefully can top up

Posted by geoffreylee > 2017-05-04 18:20 | Report Abuse

http://www.malaysiastock.biz/Company-Announcement.aspx?id=970779
QR not yet out, but application to transfer mainboard already submitted. hmmm

heng0202

983 posts

Posted by heng0202 > 2017-05-04 18:30 | Report Abuse

the show just start like salute transfer to main board terus shoot up

heng0202

983 posts

Posted by heng0202 > 2017-05-04 18:31 | Report Abuse

這幾天都是無量下跌

Jane1111

185 posts

Posted by Jane1111 > 2017-05-04 21:48 | Report Abuse

When the QR will be out?

Posted by geoffreylee > 2017-05-04 22:11 | Report Abuse

predict will be this week or next week

Jane1111

185 posts

Posted by Jane1111 > 2017-05-04 22:36 | Report Abuse

Good. Hopefully after the QR release, it will push up the price further.

The_Reds

2,025 posts

Posted by The_Reds > 2017-05-04 22:43 | Report Abuse

Ya..hopefully can buy in more at lower price when the market is red

Pavillion

3,100 posts

Posted by Pavillion > 2017-05-06 22:33 | Report Abuse

Funds and Asset Mgt start coming. QR ok. Ecrl jobs will be given out soon.

Posted by Moneyymaker > 2017-05-08 16:09 | Report Abuse

walao this share bolat

Posted by projecti2016 > 2017-05-08 17:35 | Report Abuse

chance

sigma99

127 posts

Posted by sigma99 > 2017-05-11 11:13 | Report Abuse

bored

heng0202

983 posts

Posted by heng0202 > 2017-05-11 11:16 | Report Abuse

dont shoot up first i haven buy enuf..i already can see big shark collecting based on my system just need patience

Pavillion

3,100 posts

Posted by Pavillion > 2017-05-11 15:28 | Report Abuse

http://www.sinchew.com.my/node/1641581/标志岸外orkim脱售不成.国家股份:续护航油气业

heng0202

983 posts

Posted by heng0202 > 2017-05-11 18:08 | Report Abuse

potential counter..

Jane1111

185 posts

Posted by Jane1111 > 2017-05-11 22:58 | Report Abuse

Heng0202, you have a strong believe in this counter.

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