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Hong Leong Asia    Last:2.96    -0.07

New era, future is looking brighter

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ahberngh
    26-Feb-2025 17:39  
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Seems to me the last two days the price was being controlled at
1.02.
But I think it won' t last.
Fundamental pressure will pop the cap.
Just be patient.
 
 
Iceycoke
    26-Feb-2025 17:34  
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Hong Leong Asia Achieved 35.3% Increase in
Attributable Net Profit for FY 2024
? Higher profit due to strong performances from both Powertrain
Solutions and Building Materials businesses
? Proposes final dividend of S$0.03/share FY 2024 dividend
doubles to S$0.04/share
 
 
ahberngh
    25-Feb-2025 10:59  
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Shortists trying to take charge or profit taking?
But I am confident HLA will continue to rise, will hold
for the longer term.
Year end dividend should be 2c per share or may be more 
if management decide to be generous.
Just my opinion, please dyodd.
 

 
Rightstock
    25-Feb-2025 07:55  
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This morning China Yuchai closed at USD23.16 up 15.80%. Year to date up 130%!!!
BRC year to date up 18%.
HL Asia year to date up 8.4%.
Yuchai is expected to report 2024 financial results this evening. Looking forward to see a good set of results and exciting news.
HL Asia will report 2024 results on Wednesday evening. 

Rightstock      ( Date: 20-Feb-2025 08:38) Posted:

Thakral share price is near 1 year high.
This morning China  Yuchai closed at 1 year high.
Hope  BRC will test and break the record high at $3.00 soon and HL Asia to test and break the 1 year high at $1.00.
This year will be an interesting and exciting year for construction materials suppliers due to the strong construction industry boom in Singapore and Malaysia.

HL Asia stake in
US listed China Yuchai 49%
SGX listed BRC 20%
Tasek Cement 95% (previously listed in KLSE)


 

 
 
Rightstock
    24-Feb-2025 17:59  
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You are right
Xinfei and the aircon business caused huge losses to HL Asia a few years ago. The management did the right thing to dispose off these consumer business and focus on their core businesses ie construction materials and engines. To strengthened their core business HL Asia also bought 20% shares of BRC and privatised Tasek Cement (was listed in KLSE).
Hope to see HL Asia net profit to exceed $100m from 2025 onwards.

ahberngh      ( Date: 24-Feb-2025 16:48) Posted:

Share price crashed because it was making huge losses annually a few years back
(Xinfei and aircon business).
Now these problems over, everything is humming, hope to see share price in this region
again (re-rating), sooner rather than later.
Free float is low 21.9% (of about 747+M shares), the rest tightly held by insiders.
Just my opinion, please dyodd.

Rightstock      ( Date: 24-Feb-2025 07:10) Posted:

In the past when HL Asia reported profits above $100m the historical share price ranged from $1.50 to $2.50 (adjusted for stock split). 


 
 
ahberngh
    24-Feb-2025 16:48  
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Share price crashed because it was making huge losses annually a few years back
(Xinfei and aircon business).
Now these problems over, everything is humming, hope to see share price in this region
again (re-rating), sooner rather than later.
Free float is low 21.9% (of about 747+M shares), the rest tightly held by insiders.
Just my opinion, please dyodd.

Rightstock      ( Date: 24-Feb-2025 07:10) Posted:

In the past when HL Asia reported profits above $100m the historical share price ranged from $1.50 to $2.50 (adjusted for stock split). 

Iceycoke      ( Date: 24-Feb-2025 00:37) Posted:

I do hope I am right after some thoughts. Last Friday run up was due to the JV in a Vietnam. Hopefully it still run tmr which might be below $1.10. Then when the FR announcement out, hope to hit $1.20!
I know I am dreaming and hope it comes true.


 

 
beachlover1270
    24-Feb-2025 16:10  
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China Yuchai and BRC all trading at highs. Waiting for HLI results and rerating
 
 
Iceycoke
    24-Feb-2025 07:12  
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So much more to catch up on
 
 
Rightstock
    24-Feb-2025 07:10  
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In the past when HL Asia reported profits above $100m the historical share price ranged from $1.50 to $2.50 (adjusted for stock split). 

Iceycoke      ( Date: 24-Feb-2025 00:37) Posted:

I do hope I am right after some thoughts. Last Friday run up was due to the JV in a Vietnam. Hopefully it still run tmr which might be below $1.10. Then when the FR announcement out, hope to hit $1.20!
I know I am dreaming and hope it comes true.

Rightstock      ( Date: 23-Feb-2025 20:21) Posted:

Target price of HL Asia

UOB $1.11
CGS-CIMB $1.20
DBS $1.28

Profit at $90m the PE will be 8.5 times
Profit at $100m the PE will be $7.6 times

 


 
 
Iceycoke
    24-Feb-2025 00:37  
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I do hope I am right after some thoughts. Last Friday run up was due to the JV in a Vietnam. Hopefully it still run tmr which might be below $1.10. Then when the FR announcement out, hope to hit $1.20!
I know I am dreaming and hope it comes true.

Rightstock      ( Date: 23-Feb-2025 20:21) Posted:

Target price of HL Asia

UOB $1.11
CGS-CIMB $1.20
DBS $1.28

Profit at $90m the PE will be 8.5 times
Profit at $100m the PE will be $7.6 times

 

Iceycoke      ( Date: 23-Feb-2025 16:28) Posted:

With the net profit forecast of under $100m. What price indication of the stock price will be?


 

 
Rightstock
    23-Feb-2025 20:21  
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Target price of HL Asia

UOB $1.11
CGS-CIMB $1.20
DBS $1.28

Profit at $90m the PE will be 8.5 times
Profit at $100m the PE will be $7.6 times

 

Iceycoke      ( Date: 23-Feb-2025 16:28) Posted:

With the net profit forecast of under $100m. What price indication of the stock price will be?

Rightstock      ( Date: 23-Feb-2025 16:07) Posted:

Last Friday China Yuchai closed at USD20.00 up 5.37% and HL Asia at S$1.02 up 4.08%.
For the week China Yuchai was up 76.37% and HL Asia was up 7.37%.

China Yuchai will report its Q4 2024 results on 25 February 2025 and HL Asia second half 2024 results on 26 February 2025.
HL Asia net profit is forecast to be between S$90m to S$100m.


 
 
ahberngh
    23-Feb-2025 16:39  
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The tp' s for HL Asia by various analysts range from $1.01 - $1.28.
I think these under-rate HLA.
The future prospects for HLA looks pretty good, I think it may be 
re-rated.
Just my opinion, pleae dyodd.
Vested.
 
 
Iceycoke
    23-Feb-2025 16:28  
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With the net profit forecast of under $100m. What price indication of the stock price will be?

Rightstock      ( Date: 23-Feb-2025 16:07) Posted:

Last Friday China Yuchai closed at USD20.00 up 5.37% and HL Asia at S$1.02 up 4.08%.
For the week China Yuchai was up 76.37% and HL Asia was up 7.37%.

China Yuchai will report its Q4 2024 results on 25 February 2025 and HL Asia second half 2024 results on 26 February 2025.
HL Asia net profit is forecast to be between S$90m to S$100m.

 
 
Rightstock
    23-Feb-2025 16:07  
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Last Friday China Yuchai closed at USD20.00 up 5.37% and HL Asia at S$1.02 up 4.08%.
For the week China Yuchai was up 76.37% and HL Asia was up 7.37%.

China Yuchai will report its Q4 2024 results on 25 February 2025 and HL Asia second half 2024 results on 26 February 2025.
HL Asia net profit is forecast to be between S$90m to S$100m.
 
 
Rightstock
    21-Feb-2025 15:07  
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Agree. China Yuchai is a US listed company and HL Asia is the majority shareholder. Manufacture in Vietnam instead of China and ship to US can avoid high tariff.   

ahberngh      ( Date: 21-Feb-2025 13:28) Posted:

Also, move to manufacture in Vietnam to avoid high tariff from US?

 

 
ahberngh
    21-Feb-2025 13:28  
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Also, move to manufacture in Vietnam to avoid high tariff from US?
 
 
Iceycoke
    21-Feb-2025 13:25  
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Yes! This is definitely a very positive news.
1) expansion of manufacturing plant in Vietnam to cater to Asia market.
2) Vietnam cost of operation is comparably lower than China.
3) seems that YC now is able to produce electric heavy vehicles and also that?s what Sgp and other countries are moving forward to have. So I am not surprised that YC is also catering such demand moving ahead.
5) License fees of USD28m. KL definitely have to sell much to cover the fees.

Rightstock      ( Date: 20-Feb-2025 20:27) Posted:

Yuchai enters into strategic agreement in Vietnam 

https://links.sgx.com/FileOpen/20-02-2025%20-%20Yuchai%20Enters%20into%20Strategic%20Agreement%20in%20Vietnam.ashx?App=Announcement& FileID=833719

 
 
Rightstock
    21-Feb-2025 11:28  
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I like to see the way the shares were eaten up and the trading volume is very high today. Look promising.
 
 
 
Rightstock
    21-Feb-2025 09:09  
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Now $1.00 resistance broken. Heading for $1.06.

ahberngh      ( Date: 21-Feb-2025 07:28) Posted:

This is a big development which will push China Yuchai and 
therefore Hong Leong Asia to greater heights.
I view this as very positive.

Rightstock      ( Date: 20-Feb-2025 20:27) Posted:

Yuchai enters into strategic agreement in Vietnam 

https://links.sgx.com/FileOpen/20-02-2025%20-%20Yuchai%20Enters%20into%20Strategic%20Agreement%20in%20Vietnam.ashx?App=Announcement& FileID=833719


 
 
ahberngh
    21-Feb-2025 07:28  
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This is a big development which will push China Yuchai and 
therefore Hong Leong Asia to greater heights.
I view this as very positive.

Rightstock      ( Date: 20-Feb-2025 20:27) Posted:

Yuchai enters into strategic agreement in Vietnam 

https://links.sgx.com/FileOpen/20-02-2025%20-%20Yuchai%20Enters%20into%20Strategic%20Agreement%20in%20Vietnam.ashx?App=Announcement& FileID=833719

 
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