Hong Fok    Last:0.925    +0.005

Technical Analysis-Seasonal Trend

HF monthly chart - 19th March 2023

Technically speaking HF is in a UPTREND with higher high and higher low since the financial crisis.
It goes up with HIGH VOLUME(shaded) but goes down in LOW VOLUME(dotted rectangle), 
such volume analysis suggest BUYERS ARE IN CONTROL.
During bear market it may come back down to 80cents area, if this uptrend continue it may go
up to $1 something, 1.20, 1.50, 1.70 I also don' t know, I am not god. Those who HOLD may be
rewarded when it happen. Those short term traders will always make a lot noises during some
5 to 10 upd/downs, normal la when one try a fast one and if timing no good kpkb lor, wakakaka.

All the breasts.
Chartits - TikTalk

 

In 2007 The Concourse was valued at $876,000,000.00, recent valuation $1,612,610,000.00(double)
International Building was valued at $177,380,000.00, recent valuation $477,455,000.00(almost triple)
I only compare these two buildings as those were what they owned in 2007.

What was the stock price in 2007 and what is the stock price today? Not much different in absolute price.

And they have added more properties to date.

HF has always traded in deep discount to its NAV for decades, so what if one knows its still undervalue today.
Does it help you? Did the stock rally big time? No, other than occasional short burst and faded as often.

Fundamentals, NAV = Crab la

So, just buy and sell to make some $ ok liao, if got holding power than keep some.
No need to spread rumours and hype up the stock, it happen many times liao lor.

They very stingy also known by every Singaporean liao, so why repeat all known info?

Furthermore today valuation how conservative who knows? Even valuation is accurate,
can find buyers for their properties at today valuation?
Shareholders can benefits meh from deep discount to NAV?

Talk easy but if nothing concrete nothing much to look forward to.
Rumours also easy to spread, how zhun your rumours, in SJ already speculate for
more than 1 year lo, anything happen? If something happen so what, everyday shout
one day may be correct for 1 time, 364 days wrong, wakakakakaka.

 

 

This stock many years ago also had this rumours but alway "wolf is coming" type HK people very stingy if have also low ball type (I think only)

superstartup      ( Date: 17-Mar-2023 09:22) Posted: The ST article states the cheong family bought lotsa shares from the open market But he did not research into who sold the shares If you research into the history, one Big Cheong actually handed a large chunk of his shares to his kids (Source: Company announcement in SGX and company annual reports) Then the young Cheong sold his shares in open market I suppose these are the shares acquired by the Company and other family members So nett nett, did the Cheong Family really acquire so many shares in open market as a matter of fact? What game is been played? No idea. Just sharing.

 

Normally this type of closing ?. Monday will be breakout !

 

married deal siaaa

Which cheong fund jip Liao ?

 

Not done! See next week how, many be over the week end got some good news?

alexmay34      ( Date: 17-Mar-2023 16:53) Posted: I queued to buy 1.02 nobody throw now?! alexmay34      ( Date: 17-Mar-2023 16:37) Posted: Looks like will close at 1.0

 

a sai beh sai gao si tio zai

ChinBeng      ( Date: 17-Mar-2023 15:54) Posted: Yesterday balu mini star nia. Neber mind. Hope today can be SUPPER STAR. With those old holders exiting n new holders inxiting n with this scenario of higher high n higer low. This stock will surge to new high n ATH. Ah Hock ah! Kwa lu liao. Ah Hock ah!  Lu si eh sai ay. Ah Hock Ah!  Lu Chin Beng Leh    ChinBeng      ( Date: 16-Mar-2023 08:49) Posted: Looks like going to be THE STAR for today.

 

I queued to buy 1.02 nobody throw now?!

alexmay34      ( Date: 17-Mar-2023 16:37) Posted: Looks like will close at 1.03 alexmay34      ( Date: 17-Mar-2023 16:27) Posted: Two side fighting leh one side throwing 1.02 the other buying 1.03

 

Looks like will close at 1.03

alexmay34      ( Date: 17-Mar-2023 16:27) Posted: Two side fighting leh one side throwing 1.02 the other buying 1.03

 

Now at 1.03 people scare to buy next week if 1.05 people cheong to buy

TikTalk      ( Date: 15-Mar-2023 13:32) Posted: Now 1.02 people scare to buy when 1.04 people no scare to buy liao

 

Two side fighting leh one side throwing 1.02 the other buying 1.03

 

Those who sell will regret later....

mrwise      ( Date: 17-Mar-2023 15:38) Posted: Lets the big show begins!! Big bosses coming.....We can support them!!!  Those still waiting to join.....just dont miss out the BIG show!!! maccer      ( Date: 17-Mar-2023 15:35) Posted: watch how it chooooong!

 

Yesterday balu mini star nia. Neber mind. Hope today can be SUPPER STAR.
With those old holders exiting n new holders inxiting n with this scenario of higher high n higer low.
This stock will surge to new high n ATH.
Ah Hock ah! Kwa lu liao.
Ah Hock ah!  Lu si eh sai ay.
Ah Hock Ah!  Lu Chin Beng Leh 
 

ChinBeng      ( Date: 16-Mar-2023 08:49) Posted: Looks like going to be THE STAR for today.

 

Lets the big show begins!!

Big bosses coming.....We can support them!!! 

Those still waiting to join.....just dont miss out the BIG show!!!

maccer      ( Date: 17-Mar-2023 15:35) Posted: watch how it chooooong!

 

watch how it chooooong!
 

 

Big bosses can earn double!!!!

We will support!!!

mrwise      ( Date: 17-Mar-2023 15:08) Posted: Best to have reverse take over!!! See which big bosses can see the big potential of this....Sheng Siong bosses???

 

Best to have reverse take over!!! See which big bosses can see the big potential of this....Sheng Siong bosses???

 

Good time to buy to become substantial shareholders to maximise profit n stop any low ball offer!!! If that happens, the family cannot sell low anymore.....

 

This stock often goes into a staring game, everybody waiting for everybody until
someone make a move then everybody move cautiously. To buy 1.01 to 1.04 many
scare stuck like its always does. And  that elusive rally took a long time to come.
So if one does not hold any and when that elusive rally do come one can' t make much.
Then again if hold and  that elusive rally never come one also becomes come gong.
So difficult hor....

 

The ST article states the cheong family bought lotsa shares from the open market
But he did not research into who sold the shares
If you research into the history, one Big Cheong actually handed a large chunk of his shares to his kids
(Source: Company announcement in SGX and company annual reports)
Then the young Cheong sold his shares in open market
I suppose these are the shares acquired by the Company and other family members
So nett nett, did the Cheong Family really acquire so many shares in open market as a matter of fact?

What game is been played?
No idea.

Just sharing.