Hong Leong Asia    Last:3.02    -0.01

HONG LEONG ASIA PRIVATISATION

3Q net profit $3.4m up 23% from year ago, continues recovery.......swee lah....full year already $23.9m profit.

Hope got dividend this year hehe...

 

This one should be above $1....got concrete gems...not plastic one. hehe

 

break out

 

Good run up today with large volumes...hope can break previous high and beyond...book value $1 ...hehe

 

Volume and price creeping up again.....lai liao..

 

Something is brewing...this may be the right entry price..

 

Why did HLA drop so fast since 2017?

 

Drop so much already..

 

Haha...yah yah must learn when to hitch a ride and remember to alight hor...

just hoping for something ' more' ..

 

Maybe no need for excitement.  ' Tis not the first time this kind of thing is happening.  A few mths ago, it suddenly chiong up to ard 66c.  Then tumble all the way to ard 51c.  Likely all chng kay' s work, probably nothing more.

iinvestor      ( Date: 12-Jul-2019 14:50) Posted: Lai liao, market volume increasing day by day.....!! YTL makan Lafarge become largest cement player in Malaysia and Singapore....HLA makan Tasek. Are they not attractive at down beaten prices?? Swee.... https://themalaysianreserve.com/2019/05/06/ytl-corp-to-command-better-pricing-post-lafarge-acquisition/

 

Lai liao, market volume increasing day by day.....!!

YTL makan Lafarge become largest cement player in Malaysia and Singapore....HLA makan Tasek. Are they not attractive at down beaten prices?? Swee....

https://themalaysianreserve.com/2019/05/06/ytl-corp-to-command-better-pricing-post-lafarge-acquisition/

 

I wouldn' t call Tasek a jewel...it has some serious long term viability issues due to depleting reserves...they are just trying to milk it as long as possible by running a very tight ship...

iinvestor      ( Date: 04-Jul-2019 09:47) Posted: They also want to privatise Tasek..their Malaysian jewel...at a very cheap RM5.5. The worst is over? My guess is if SG and MY infrastructure outlook is brightening...cement prices will follow.....!

 

Hope they don' t privatise HLA, business fundamentals should be improving.

Please let sharehoders enjoy the upside lah....,,hit $1 at book value can olreadi..haha

 

Frankly, I very much doubt they are gonna do so.  But in the unlikely event they do, I think they' re likely to be more forthcoming than a lot of recent privatisations n pay a decent px. 

soundblaster      ( Date: 09-Jul-2019 18:43) Posted: --- Post Removed by User ---

 

privatise at cheap price, then repackage, relist at high premium.

 

They also want to privatise Tasek..their Malaysian jewel...at a very cheap RM5.5. The worst is over?

My guess is if SG and MY infrastructure outlook is brightening...cement prices will follow.....! 

 

This is normal.  In fact, on record, last yr' s div from Yc to shareholders was significantly higher - n with sd too.  So, Yc is also facing headwinds, so many other areas of the PRC economy (maybe if trade peace prevails henceforth, duckie willing, the situation wld normalise in the not too distant future).  Nevertheless, even given Yc' s lacklustre performance, HLA appears to have seen the worst, thanks to its finally surrendering the PRC consumer appliances business.  With its reverting to basics in the building-material related business, my sense is a reversal to profitability, n hence potential significant improvement in share px, cld come sooner rather than later.  Remember, NAV is still ard 1SGD.  Remember too to DYODD as always. 

Johnjohnnyhi      ( Date: 03-Jul-2019 23:43) Posted: https://links.sgx.com/1.0.0/corporate-announcements/J8WUH9NI77V39J4G/443e40eff55faf2622961568f60a972d8c8ba6ece0f43e977aa29c1a4571dae1 Johnjohnnyhi      ( Date: 03-Jul-2019 23:42) Posted: Saw a posting that mentioned Yuchai giving US$0.85 dividend. This might be a good news for this counter.

 

https://links.sgx.com/1.0.0/corporate-announcements/J8WUH9NI77V39J4G/443e40eff55faf2622961568f60a972d8c8ba6ece0f43e977aa29c1a4571dae1

Johnjohnnyhi      ( Date: 03-Jul-2019 23:42) Posted: Saw a posting that mentioned Yuchai giving US$0.85 dividend. This might be a good news for this counter.

 

Saw a posting that mentioned Yuchai giving US$0.85 dividend. This might be a good news for this counter.

 

This one expertly pumped up then just as skillfully deflated before result.  Now stuck ard 58c?  They still hold nearly 8% in Thakral?  Will they now exit?