My fortune teller replied $20 first. Have faith and be patient.
Your fortune teller no say will hit $30? I think possible wor..
Rightstock ( Date: 13-May-2026 16:50) Posted:
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My " fortune teller" told me have faith and be patient, and let the market forces take care of it.
He also told me to look at Venture Corp.
He also told me to look at Venture Corp.
Iceycoke ( Date: 13-May-2026 15:14) Posted:
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I like your optimism. Huat ah!!!
Iceycoke ( Date: 13-May-2026 15:14) Posted:
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It took slightly more a week to hit additional $1 from $2.9x to current. Thus, i certainly do hope we can hit $5 by end of this month. wakakakaka.. ..
i know i am dreaming but dreams do come true too.. 
i know i am dreaming but dreams do come true too.. 
SmallSmall ( Date: 13-May-2026 15:11) Posted:
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3.85 well done. Looking forward to 4
$3.85 day high now.
Looks like will test $4.00 tomorrow.
Still far from target price of $5.50 
Looks like will test $4.00 tomorrow.
Still far from target price of $5.50 
Iceycoke ( Date: 13-May-2026 12:23) Posted:
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Sorry bro. I not quite agree with you on this. Without the placement of shares, the share price also will go higher. 
As for the placee who took up the shares. You may want to do a little search on it. You will then understand why this fund isn' t the factor to make the share price up. Like i said before, its basically like a rich indian passing the wealth around. And i suspect for this reason, it sets as a will to the party involved. But again, it is just my opinon. We can also agree to disagree. 
One thing we all can agree on is that we are ready for the ride up. 
As for the placee who took up the shares. You may want to do a little search on it. You will then understand why this fund isn' t the factor to make the share price up. Like i said before, its basically like a rich indian passing the wealth around. And i suspect for this reason, it sets as a will to the party involved. But again, it is just my opinon. We can also agree to disagree. 
One thing we all can agree on is that we are ready for the ride up. 
SmallSmall ( Date: 13-May-2026 11:32) Posted:
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I hasten to add that I am jjust making this comment,
I do not short.
For the most part, I am usually a longer term investor.
That is enough for me.
Just my opinion.
I do not short.
For the most part, I am usually a longer term investor.
That is enough for me.
Just my opinion.
ahberngh ( Date: 13-May-2026 10:22) Posted:
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$3.79 +$0.09.
Without the placement this would not have been possible.
The placement opens up an entry point for the funds to average up.
Just let them do the job
Without the placement this would not have been possible.
The placement opens up an entry point for the funds to average up.
Just let them do the job
Iceycoke ( Date: 12-May-2026 22:51) Posted:
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Hoping to see $5-6 soon!
For those traders who have sold you can always buy back at a higher price which you usually have being doing so or go buy Venture.
Ya, this counter is not easy to short
Dont be misled by the sell queue. It can be fake too. 
Block at 3.64
From my observations, HLA price swings can be very large lately.
May be down 10c in the morning, then suddenly up 10-20c in the afternoon.
A danger to shortists if they are not constantly watching.
Just my opinion.
May be down 10c in the morning, then suddenly up 10-20c in the afternoon.
A danger to shortists if they are not constantly watching.
Just my opinion.
CGSI reiterates ' add' on Hong Leong Asia, raises TP to $5.50 on powertrain strength and Yong Tai Loong acquisition
Natalie Ong, Then Wan Lin and Tay Wee Kuang of CGS International have reiterated their " add" call on Hong Leong Asia (HLA) and with a higher target price of $5.50 from $4.50 previously on stronger powertrain earnings and the accretive acquisition of Yong Tai Loong (YTL).
The analysts&rsquo new target price implies an upside of 62.2% from HLA&rsquo s last-closed share price of $3.39 as at May 12. The analysts have also raised their earnings per share (EPS) estimates for the FY2026/FY2027 by 3% and 11% respectively for the same reasons.
HLA' s powertrain segment is expected to remain its key earnings driver over FY2026 &ndash FY2028, with segment profit forecast to grow 47% y-o-y in FY2026 on a better sales mix, driven by robust demand for high-horsepower (HHP) engines used in data centres and marine applications.
The analysts estimate HHP engine sales could contribute 15% &ndash 19% of HLA' s patmi in FY2026 &ndash FY2028. Underpinning demand is rising AI capex from Chinese hyperscalers, estimated to grow from US$60 billion ($76.2 billion) in 2025 to US$80 billion in FY2026, representing a 33% y-o-y increase.
Beyond HHP engines, China' s total diesel vehicle sales grew 16% y-o-y in 1QFY2026, with export growth outpacing domestic sales at 72% y-o-y, as Chinese original equipment manufacturers gain traction across ASEAN, the Middle East and Latin America.
On the building materials front, HLA completed its acquisition of YTL on April 21 for $90.7 million, implying approximately an FY2025 P/E of 4 times, based on the analysts&rsquo estimates.
YTL is one of only five HDB-approved household shelter steelwork suppliers in Singapore, which the analysts say gives the business high barriers to entry and two to three years of order book visibility from Singapore' s HDB build-to-order pipeline of approximately 55,000 units across FY2025 &ndash FY2027. The analysts believe that the acquisition is &ldquo immediately accretive&rdquo to FY2026/FY2027 EPS at 4%/8%, with YTL expected to contribute $13 million and $28 million to HLA&rsquo s patmi in FY2026 and FY2027 respectively.
In FY2026, the analysts project HLA&rsquo s patmi to increase to $156 million from FY2025&rsquo s $113 million, and subsequently to $206 million in FY2027. The revised sum-of-the-parts target price values HLA' s building materials segment at 8 times FY2027 EV/Ebitda. Re-rating catalysts include a successful spin-off of Guangxi Yuchai Marine and Genset Power Co., Ltd. (MGP) on the Hong Kong Stock Exchange and a step-up in dividends. On the other hand, downside risks include a slower China recovery and delayed project execution.
Shares in Hong Leong Asia were up 8 cents, or 2.36%, trading at $3.42 before the midday break on May 12.
Sold some
Getting toppish
Wait for some pullbk and reload
Getting toppish
Wait for some pullbk and reload
Oh no doubt for sure. But for the placement of shares, the placee, I have some thoughts, maybe I will just keep it to myself.
SmallSmall ( Date: 12-May-2026 21:09) Posted:
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Anything is possible in a liquidity driven market.
The free float is actually not big. At just 173.91 million (exlcuding placment shares) as Hong Leong Corp already holds 73.38%.
Also this is the first time that HL Asis has ever conducted a placement exercise.
With the placement shares likely in the hands of institutions, these placees will likely build more positions as is so evident in so many of these exercises. 
These institution buyers aren' t here for the few cents profits. $4 by end of week is not far fetched I would say.
HL Asia is a much better and diverse company than so many over trumpeted single business construction companies.
 
The free float is actually not big. At just 173.91 million (exlcuding placment shares) as Hong Leong Corp already holds 73.38%.
Also this is the first time that HL Asis has ever conducted a placement exercise.
With the placement shares likely in the hands of institutions, these placees will likely build more positions as is so evident in so many of these exercises. 
These institution buyers aren' t here for the few cents profits. $4 by end of week is not far fetched I would say.
HL Asia is a much better and diverse company than so many over trumpeted single business construction companies.
 
Iceycoke ( Date: 12-May-2026 18:23) Posted:
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