KLSE (MYR): HARNLEN (7501)
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Last Price
0.385
Today's Change
0.00 (0.00%)
Day's Change
0.385 - 0.39
Trading Volume
467,000
You know nothing about the company except technicals @abcd.
This is the time to buy back
2022-10-25 11:21
Need to look at the long term. We could be looking at a long energy (crude oil, palm oil) bull run. It is not over yet. Kuala Lumpur Kepong, oil companies like ExxonMobil will keep making money. Both energy and plantation sectors will be good for a long time.
2022-10-25 22:09
If Pakatan Harapan wins the next election, it will be bad for Harnlen and plantation sector because of tax policies on commodity companies. Plan accordingly.
2022-11-10 14:15
Bad for corporations because government will boost taxes and increase spending to "help the people". In reality, government will increase corporate tax and spend it on infrastructure and green energy. These are all bad for commodity producers that have low ESG/sustainability score.
KLSE will have a slight sell-off if PH takes the election and vice versa. Foreign investors really hate Anwar Ibrahim and Mahathir. A few years ago, when PH was elected, huge equity outflows in Tenaga, Petronas Dagangan and Kuala Lumpur Kepong. Inflows in telecommunication and tech companies like Time Dotcom, Greatech and Malaysian Pacific Industries (2019 - 2021).
2022-11-10 14:36
Harnlen is a very well-managed company. Energy and plantation will definitely do well. If labour shortage didn't happen, plantation sector would've done much better. My final price target for Harnlen and last comment on this forum. It has been a wild ride for all investors/traders. Good bye and good luck to y'all
2022-11-11 21:52
Time to TP soon - Around 2 ? The knife is getting sharp. Profit until fat fat , time to leave.
2022-11-13 16:57
well said, see good then leave. This election seems not so friendly to Mr. market.
2022-11-14 16:38
Harn Len Corp Bhd’s shareholders have approved its eight-for-five bonus issue of 399.24 million shares at the extraordinary general meeting (EGM) today.
“The proposed bonus issue of shares serves to reward existing shareholders for their loyalty and continued support to Harn Len group.
“The board had taken into consideration that the proposed bonus issue of shares will enable shareholders to increase the number of Shares held with no cash outlay required, while retaining their percentage of equity interest held,” Harn Len said in a filing with Bursa Malaysia.
2022-12-02 17:54
“The resultant lower theoretical ex-bonus Harn Len share prices as compared to the existing Harn Len share prices before the proposed bonus issue of shares may provide an avenue for shareholders to participate in Harn Len shares at a lower price point,” Harn Len said.
The proposed bonus issue is expected to be completed by the fourth quarter of 2022.
2022-12-02 17:55
Sold Plantation in 2020, now buy almost vacant land? Reason food security business. Can anyone explain the rationale behind MD moves? Or because last time sold and make a profit and now buy land to start another plantation?
Jakel needs money to rebuild the outlet after 2 infernos. Suspicious fires may delay insurance payments. So is this a good buy opportunity for Harn Len? Looks like sell on news? More shares are to be issued at 70 sen a piece for part cash and balance in shares consideration.
2023-01-13 10:02
Guys, this company seriously have issues, stop supporting it!
1. From the AGM, there is a withdrawal of one director Mr. Low Kok Yong out of nowhere. In the history for public companies in Malaysia, rarely such case happened, something must be happening.
2. Change of financial year to hide comparison results? All the supporters for HARNLEN is pouting that the company have so much assets, so what did these assets do for investors? NTA for the company is 94 cents, but never had I seen the company really utilizing anything to make sure it is profitable.
3. Ridiculous exposure of information, seriously - look at their press release, the note is worst than ChatGPT's work. Since the management and board cannot make money, can at least make information available looks nicer?
4. The 2004 joint eventure through Premium Dragon with Pelita Holdings - now all trees are matured, how about replanting? Management is like another FGV in the making?
2023-11-16 19:02
From a fundamental perspective, Harn Len ROE is more volatile that that of my 2 Bursa plantation reference companies – Bplant and KLK. https://ujianehc.blogspot.com/2023/11/bursa-plantation-sector.html
Worst still over the past 7 years, there was only 1 year that Harn Len did better than either of them. https://i.postimg.cc/PJkFCzDK/Harn-Len.png
From a share price perspective, I think the market price has run ahead of its ROE. Unless you are a speculator, you should be worried about this pattern.
2023-11-23 10:59
Change of board room, and finally stabilizing on a price it deserve. imo a good entry point anything below 0.55
2023-12-19 11:51
Resignation of Auditor... share price plunged...Possible to retrace to 0.36 and bounce back to build double bottom???next few trading days will get the answer!!!
2024-03-29 16:15
all plantation company make money . only you ? why ? mr.Low let me acquisition your company at 0.003c ??
2024-07-18 08:45
low family disposed 7500share and 14000 share , than buy back 2000 share only . i guess this company will bankruptcy ????
2024-07-25 05:53
abcb
Insiders know that they are going to propose bonus issue this year and slowly push up the share price from 0.70 to highest 2.08 today
It will face some corrections for sure,pls don't greedy fir bonus issues, nothing special and attractive right now,unless they pay special dividend
2022-10-25 11:08