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Hanwell

Ever heard at one stage that SS is buying Hanwell. How funny if that' s truth then?

nott1965      ( Date: 19-Apr-2021 21:21) Posted: If Sheng Shiong can reach $1.30 from $0.30., don' t see why this one can' t? This one is more fundamentally solid and cash rich than SS. Hope some fund house start covering and also new management know how to engage the media  annebelinda      ( Date: 19-Apr-2021 21:04) Posted: Mr Goi not buying! Who' s buying to stop Mr Goi collection? Can consider the battle has begun?

 

If Sheng Shiong can reach $1.30 from $0.30., don' t see why this one can' t? This one is more fundamentally solid and cash rich than SS. Hope some fund house start covering and also new management know how to engage the media 

annebelinda      ( Date: 19-Apr-2021 21:04) Posted: Mr Goi not buying! Who' s buying to stop Mr Goi collection? Can consider the battle has begun?

 

Mr Goi not buying! Who' s buying to stop Mr Goi collection? Can consider the battle has begun? 

 

No fruitless talking lately! Who are doing the endless buying and selling now? Seem daily there are as much buying as there are selling. What' s this all about? Good news ahead or be SAFE THAN NEVER to avoid the coming crash?

 

What we are waiting for next? Maybe, got special award bonus for shareholders from new leader Goi (Tze Tun) with his
Chinese comrades to support! 

 

Long story with ants biting now situation. In the end, it just go back to 17 cts or lower to start all over again. Ah Sohs and Ah Peks heard rumour in the wet markets and they also join in the fun. When nothing happened, they will dump their shares like " throwing their mother' s old shoes" . Little bit dumping won' t hurt, only big dumping would hurt!

 

 

SGX announcement Sam Goi bought 327,200 shares at $0.38 on 24/03/21 raising his stake to 22.67%.
Hurray !!!!  Privatisation possible ? 
 

 

Share rise if there is hope and possibilities of more profits. However, if the same pattern is to make money to keep company alive for friends and relatives to benefit is being practice and not to enhance business advancement, frustrated shareholders will just dump their share in protest and it will stay cheap yet no one want to try 

 

Hope can hit its true value of $0.6 soon. Sufferred for 20 years under the previous mangement who only collects pay but no initatives

 

the rate popiah king is buying, price will reach $0.60 @ 30%😉

 

Wow! My gosh! Finally break the ice since bought 50 lots @ 39.5 cts on 1st Nov 2007 and sitting on it until it went down to as low as 17 cts or less. Uncle Goi had been in the story of taking over since then. Now he is Chairman, think no need to say anymore. Wonder this would be the final chapter or would there be another episode to follow.............

 

Good effort! But, still nobody would believe that the share is going up to 57 cents as projected even though the NTA of Hanwell had been hovering around 40 over cents for many years. Luckily, it didn' t go back down to below 17 cents now. Haha! Scarce, leh! 

Joelton      ( Date: 22-Mar-2021 10:03) Posted: On March 10, Hanwell Holdings non-executive chairman and non-independent director Sam Goi Seng Hui acquired 1,085,000 shares of the company for a consideration of S$408,752.   At an average price of 37.7 cents per share, this took his total interest in the leading provider of consumer essentials from 22.36 per cent to 22.55 per cent.   Two days prior, on March 8, Hanwell Holdings had appointed Mr Goi non-executive chairman and non-independent director.   On Feb 25, the group reported FY20 (ended Dec 31) total revenue of S$471.4 million, an increase of 2.2 per cent from FY19.   Mainly attributed to higher revenue achieved by its Singapore consumer business, the group observed higher demand for its products such as rice and tofu during the year.   The group' s net profit after tax for FY20 was S$33.1 million compared to S$11.8 million reported for FY19.   In its outlook for FY21, the group noted that its consumer business foresees challenges due to increase in the cost of raw materials and shortage of containers affecting ports in Asia, and the former may also impact the packaging business results.   In view of this, the group reiterated that the packaging business has been proactive in controlling costs and conserving cash to mitigate any potential adverse impact from the crisis posed by Covid-19.   Mr Goi is also the executive chairman of Tee Yih Jia Food Manufacturing and Mainboard-listed GSH Corporation. He is also the vice-chairman of other Mainboard-listed companies, namely Envictus International Holdings, JB Foods and a non-executive and non-independent director of Catalist-listed company, Tung Lok Group Restaurants (2000).

 

 

Tomorrow Ho Sei LIAO! Too bad already sold 100 lots 37.5 cts to Mr Goi! Nevermind, we must " hao keng" the " toa pek kong" or " gee tor yar" also. He is the BOSS! Got to salute him.

 

Good news!!!!    Uncle Sam Goi bought one million plus shares again at $0.376 on 10 Mar.
He must have see value in this company . 
 

 

Some already scattered before Chairman makes his first speech. Wonder in his first speech whether he is going to say that he want to give an ang pow to all shareholders for their past support and for the future.

 

Sign of no hope about take over or up for sale whatsoever! Guess the Chairman strong buying long ago is just to wet the seat. Mind you he is an old man now, prostrate or perhaps even erectile dysfunction is very likely. Don' t laugh about facts of life. Learnt and be prepare as you grow older. Actually, we need not care about that here but our livelihood is important for us to worry whether the share will grow tomorrow?

 

The low share price probably reflect the capabiliy or the trustworthliness of the management...

NOW IN THING in SGX listed companies is to low ball and priviatise the company lol...

 

Wonder what is all the waiting, only to hear Chairman' s first speech, " I want to make poh piah for everyone to eat, but must pay one, aah!"