I am looking at 6+ in about 6 months to be honest. If it does not reach there in that time it will be a tad disappointing. 
Rightstock ( Date: 08-May-2026 15:34) Posted:
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Foreign house selling Goldman, MSCO,merlin,jpmorg
Long term investors big and small are looking at $7.00 by 2027.
MGP IPO approval from HKSE is expected to be in September or October 2026.
MGP current business for power generators used in data centers and wafer fabs are very good. They are expecting CAGR of 30 to 100% in China, Korea, Japanese and SEA for this year until 2030.
MGP competitors are currently also receiving huge orders and have difficulties to meeting their clients required delivery dates.   
MGP is also a preferred brand in Asia as its power generators have very high quality, reliable, durable, fuel efficient and the number 1 brand in China and Asia.
MGP IPO approval from HKSE is expected to be in September or October 2026.
MGP current business for power generators used in data centers and wafer fabs are very good. They are expecting CAGR of 30 to 100% in China, Korea, Japanese and SEA for this year until 2030.
MGP competitors are currently also receiving huge orders and have difficulties to meeting their clients required delivery dates.   
MGP is also a preferred brand in Asia as its power generators have very high quality, reliable, durable, fuel efficient and the number 1 brand in China and Asia.
dexterderc ( Date: 08-May-2026 14:27) Posted:
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They hv been buying past few days
inot juz today
inot juz today
dexterderc ( Date: 08-May-2026 15:23) Posted:
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Sorry I don't see any huge volumes transacted.. can you please explain how you define buying aggressively?
msksmsks ( Date: 08-May-2026 14:55) Posted:
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Angmoh buying aggressively..
Hold on for more gains
Hold on for more gains
Share Price Catalyst
&bull Event:
a) Newsflow on MGP&rsquo s valuations as it heads towards its IPO,
b) continued strong sales performance from its powertrain solutions segment,
c) slow but steady sequential earnings recovery from its building materials segment in 2H25, and
d) further value-unlocking initiatives at both the HLA and CYD levels.
&bull Timeline: Six months.
  Recent announcement of an IPO in Asia&rsquo s hottest market. HLA&rsquo s 48.7%- owned subsidiary China Yuchai International (CYD US, Not Rated) announced that its 71.4%-owned subsidiary, Guangxi Yuchai Marine & Genset Power (MGP) has filed to list on the Hong Kong Stock Exchange.
MGP manufactures five types of power generators: marine, light-, medium-, heavyduty and large engines.
Its high-growth products, as mentioned before in prior research notes, are the heavy-duty and large engines which are used by data centres as back-up power.
&bull Event:
a) Newsflow on MGP&rsquo s valuations as it heads towards its IPO,
b) continued strong sales performance from its powertrain solutions segment,
c) slow but steady sequential earnings recovery from its building materials segment in 2H25, and
d) further value-unlocking initiatives at both the HLA and CYD levels.
&bull Timeline: Six months.
  Recent announcement of an IPO in Asia&rsquo s hottest market. HLA&rsquo s 48.7%- owned subsidiary China Yuchai International (CYD US, Not Rated) announced that its 71.4%-owned subsidiary, Guangxi Yuchai Marine & Genset Power (MGP) has filed to list on the Hong Kong Stock Exchange.
MGP manufactures five types of power generators: marine, light-, medium-, heavyduty and large engines.
Its high-growth products, as mentioned before in prior research notes, are the heavy-duty and large engines which are used by data centres as back-up power.
Okay noted. But are you able to to provide any insights on the surge? Are there any news coming out?
Rightstock ( Date: 08-May-2026 14:20) Posted:
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Some said I am too conservative.
Investors and traders you decide.
Rightstock ( Date: 07-May-2026 08:45) Posted:
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In two to four weeks time? Or when the spinoff gets listed?
ahberngh ( Date: 08-May-2026 14:07) Posted:
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For me, first major target is $4.
Any idea how far this will go for the next two to four weeks?
rayokc ( Date: 08-May-2026 13:57) Posted:
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all the way up....
You are a very funny fellow. Hahahahahahaha
ysh2006 ( Date: 08-May-2026 06:53) Posted:
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Are you going to sell your shares today?
ysh2006 ( Date: 08-May-2026 06:53) Posted:
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Why do u think institutional investors will take profit of 32c on a mere 50M shares. 
50M new shares flooded market at $2.90 , buyers can take profit already...
PROPOSED PLACEMENT OF 50,000,000 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY AT THE PLACEMENT PRICE OF S$2.90 FOR EACH PLACEMENT SHARE - COMPLETION OF THE PROPOSED PLACEMENT
Capitalised terms used herein, but not otherwise defined, shall have the meanings ascribed to them in the Company&rsquo s announcements dated 29 April 2026 and 4 May 2026 in relation to the Proposed Placement of 50,000,000 New Ordinary Shares in the Capital of the Company at the Placement Price of S$2.90 for each Placement Share (the " Announcements" ).
Further to the Announcements, the Board of Directors (the " Board" ) of Hong Leong Asia Ltd. (the " Company" ) is pleased to announce the completion of the Proposed Placement (" Completion" ), pursuant to which all of the 50,000,000 Placement Shares were issued at the Placement Price of S$2.90 per Placement Share and allocated in accordance with the terms of the Placement Agreement.
Following Completion, the total number of issued ordinary shares in the capital of the Company (excluding nil treasury shares) (" Shares" ) has increased from 748,141,318 Shares to 798,141,318 Shares. The Placement Shares issued and allotted pursuant to the Proposed Placement rank pari passu in all respects with the existing issued Shares, save that they will not rank for dividends, rights, allotments and other distribution, the record date of which is on or before the relevant date of allotment and issuance of the Placement Shares, and are freely transferable (subject to applicable laws), free and clear of any pledge, lien, charge, security interest and other encumbrances.
The Placement Shares will be listed and quoted on the Main Board of the SGX-ST with effect from 8 May 2026 and trading of the Placement Shares is expected to commence with effect from 9.00 a.m. on the same day
Capitalised terms used herein, but not otherwise defined, shall have the meanings ascribed to them in the Company&rsquo s announcements dated 29 April 2026 and 4 May 2026 in relation to the Proposed Placement of 50,000,000 New Ordinary Shares in the Capital of the Company at the Placement Price of S$2.90 for each Placement Share (the " Announcements" ).
Further to the Announcements, the Board of Directors (the " Board" ) of Hong Leong Asia Ltd. (the " Company" ) is pleased to announce the completion of the Proposed Placement (" Completion" ), pursuant to which all of the 50,000,000 Placement Shares were issued at the Placement Price of S$2.90 per Placement Share and allocated in accordance with the terms of the Placement Agreement.
Following Completion, the total number of issued ordinary shares in the capital of the Company (excluding nil treasury shares) (" Shares" ) has increased from 748,141,318 Shares to 798,141,318 Shares. The Placement Shares issued and allotted pursuant to the Proposed Placement rank pari passu in all respects with the existing issued Shares, save that they will not rank for dividends, rights, allotments and other distribution, the record date of which is on or before the relevant date of allotment and issuance of the Placement Shares, and are freely transferable (subject to applicable laws), free and clear of any pledge, lien, charge, security interest and other encumbrances.
The Placement Shares will be listed and quoted on the Main Board of the SGX-ST with effect from 8 May 2026 and trading of the Placement Shares is expected to commence with effect from 9.00 a.m. on the same day
Last night US market is doing well so does China market, today. US futures are green. Hence with the combination of everything, today' s performance is quite natural. Of course, certainly hope the announcement of who are the placees, will be out soon. 
dexterderc ( Date: 07-May-2026 15:34) Posted:
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Yeay... another fellow who has the vision of $6!! Nice.. .. .. 
JAMMIE ( Date: 07-May-2026 17:02) Posted:
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