Ho Hup Construction Berhad is positioning itself for growth as the industry recovers post-pandemic.

Construction industry to rebound post-pandemic, malaysia as a developing, many infra projects are ongoing and getting more n more...

Retained earnings ~RM160mil boleh buat share buyback, bayar dividen, dll. Target for takeover, backdoor listing, dll...

HO HUP CONSTRUCTION COMPANY BERHAD 197301000497 (14034-W)
CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
For the financial year ended 31 December 2023
(The figures have not been audited)
3
31 Dec 2023 31 Dec 2022RM'000 RM'000(Unaudited) (Audited)ASSETS
Non-Current Assets
Property, plant and equipment 18,061 203,647Right-of-use assets 20,243 25,842Investment properties 135,713 138,837Intangible assets 39 39Goodwill 898 11,378Quarrying rights 502 616Inventories and other contract costs 83,260 83,260Investment in joint ventures 567 367Quarry development costs 3,303 4,346Other Investment - 2,063Deferred tax assets 542 684 263,128 471,079Current Assets
Inventories and other contract costs 510,423 538,757Contract assets 94,914 141,607Trade receivables 181,699 202,419Other receivables 141,809 138,786Amount due from a joint venture 99 99Tax recoverable 49 162Fixed deposits with licensed banks 7,510 11,602Cash and bank balances 13,238 19,131 949,741 1,052,563TOTAL ASSETS 1,212,869 1,523,642EQUITY AND LIABILITIES
Equity attributable to owners of the parent
Ordinary share capital 263,169 256,870Other reserves (77,104) (77,104)Foreign currency translation reserve (2,145) (2,091)Retained Earnings 159,401 234,443 343,321 412,118Non-Controling Interest 3,555 7,584Total Equity 346,876 419,702Non-Current Liabilities
Lease Liabilities 4,543 5,389Borrowings 316,226 388,805Deferred tax liabilities 13,347 19,166 334,116 413,360Current Liabilities
Contract liabilities - 20,457Borrowings 191,890 261,896Trade payables 111,572 139,385Other payables 162,466 192,565Lease liabilities 4,970 9,945Provision for taxation 60,979 66,332 531,877 690,580TOTAL LIABILITIES 1,103,940865,993 TOTAL EQUITY AND LIABILITIES 1,523,6421,212,869
Net assets per share attributable to equity holders of the parent (RM) 0.66 0.83

jumlah syer tak banyak juga :)

NTA 0.6600
P/B 0.27
RPS 36.15
PSR 0.50
Market Cap 93.3M
Shares (mil) 518.26

buy ... cheap valuation

Time Frame
Monthly
Download Data
03/27/2022 - 03/27/2024
Date Price Open High Low Vol. Change %
03/01/2024 0.190 0.190 0.220 0.120 45.92M -2.56%
02/01/2024 0.195 0.220 0.220 0.190 3.87M -13.33%
01/01/2024 0.225 0.245 0.265 0.210 10.66M -10.00%
12/01/2023 0.250 0.245 0.250 0.240 6.71M +2.04%
11/01/2023 0.245 0.295 0.300 0.245 11.33M -16.95%
10/01/2023 0.295 0.290 0.330 0.285 4.00M +1.72%
09/01/2023 0.290 0.285 0.295 0.265 4.91M 0.00%
08/01/2023 0.290 0.280 0.290 0.255 3.40M +3.57%
07/01/2023 0.280 0.255 0.285 0.255 1.75M +1.82%
06/01/2023 0.275 0.240 0.280 0.225 2.07M +14.58%
05/01/2023 0.240 0.255 0.260 0.240 639.20K -7.69%
04/01/2023 0.260 0.270 0.290 0.255 1.78M -3.70%
03/01/2023 0.270 0.275 0.305 0.255 1.14M -1.82%
02/01/2023 0.275 0.290 0.300 0.270 625.20K -5.17%
01/01/2023 0.290 0.280 0.305 0.255 854.40K 0.00%
12/01/2022 0.290 0.310 0.335 0.290 1.27M -7.94%
11/01/2022 0.315 0.270 0.325 0.270 2.58M +16.67%
10/01/2022 0.270 0.250 0.280 0.245 1.59M +3.85%
09/01/2022 0.260 0.270 0.285 0.250 874.90K -5.45%
08/01/2022 0.275 0.245 0.290 0.245 1.04M +10.00%
07/01/2022 0.250 0.255 0.270 0.240 479.80K -1.96%
06/01/2022 0.255 0.290 0.300 0.255 1.26M -15.00%
05/01/2022 0.300 0.310 0.310 0.280 3.23M -3.23%
04/01/2022 0.310 0.315 0.325 0.310 2.09M -1.59%

Buy hohup nta 66sen retained earnings rm150-200mil. Can pay dividend, target for takeover at current cheap price.. contruction sektor to recover ... hohup will boom again buy

Sesiapa jualkan semua terlalu awal dan gopoh akan kecewa nanti hehe

35-40sen by 5pm, wait n see the impact from the deal with Huawei

Tiada traders mau jual murah lagi hehe Huawei bawa blessing

Probably open at 30sen+++ with the good news with huawei

EV charger : sen heng---> Huawei, if Huawei acquires sen heng, lagi hot...tiada yg mustahil

Terbang hari ni. Siapa cepat dia dapat, 30sen++ at least kot? Let see later yah

Expecting the wars will end soon as hamas head busy fucxking with his 7th wife hehe

@dydx245

What happen? The price up 4% yesterday.. any news?

1 hour ago

A big market for this EV stuffs. Expecting a strong rebound anytime. EV has unlimited growth potentials due to global warming, etc.

https://theedgemalaysia.com/node/706034

Esok boleh terbang :)

KUALA LUMPUR (March 26): Senheng New Retail Bhd’s wholly-owned unit Senheng Electric (KL) Sdn Bhd has announced a strategic collaboration with Huawei Technologies (Malaysia) Sdn Bhd and APulsar Technologies Sdn Bhd to boost electric vehicle (EV) adoption in Malaysia, leveraging Huawei’s advanced EV chargers.

Senheng New Retail president Lim Kim Chieng said the collaboration will establish a new benchmark for the country’s journey toward clean energy adoption, and will highlight the collective efforts across various sectors to achieve carbon neutrality.

Lim emphasised that offering these EV chargers is not just about selling a product, but promoting a lifestyle shift toward sustainability.

“This initiative perfectly aligns with our vision of a greener future for Malaysia and demonstrates our commitment to environmental goals,” he said in a statement.

Meanwhile, Huawei Technologies (Malaysia) vice president for digital power business Chong Chern Peng affirmed the company’s commitment to carbon neutrality through collaboration.

“By incorporating our EV charging solutions into Senheng’s offerings, customers will have greater access to this technology,” he added.

APulsar Technologies managing director Justin Kao pointed out that the collaboration will empower EV owners to access reliable charging solutions nationwide.

Huawei EV chargers were launched at the Senheng Setia Alam store in Selangor on March 22, and are now available at all Senheng and senQ outlets across Malaysia, except for Sabah and Sarawak.

uptredn4 kawan... 1.83 already

The wars will end soon, the leader of hamas arabs busy fxcking, etc after marrying the 7th wife, right? hehe

@fortunefire

start sailing. top up before it goes back to 0.9x

44 minutes ago

This article first appeared in The Edge Malaysia Weekly on March 18, 2024 - March 24, 2024

FUND managers and analysts are hopeful that the lack of interest in retail counters will not continue past the middle of the year and that the influx of tourist arrivals, as well as the US Federal Reserve’s initiation of interest rate cuts in June as projected, will spark a revival of investor interest in the second half of the year.

Much like that of consumer food and beverage (F&B) stocks, the performance of most retail counters on Bursa Malaysia has been lacklustre in recent weeks, unlike the usual upbeat trend normally observed from the December holidays to after the Chinese New Year (CNY) and Hari Raya festivities.

The Bursa Malaysia Consumer Products and Services Index, which peaked at 581.2 points on Feb 27 after the Chinese New Year festive season, slipped 1.4% to the 572.65 level last Thursday.

Retail Group Malaysia (RGM), in its Malaysia Retail Industry Report March 2024 released last Monday, observed that the nation’s retail industry fell short of market expectations as it recorded a disappointing growth rate of -0.2% in retail sales compared with +13.7% in the previous corresponding quarter. It said the retail sector took a beating in the last quarter because consumers lost spending power as retail prices, mainly food prices, continued to rise.

“The shopping traffic for the last three months of the year was similar to the 2022 level. Malaysian consumers were still spending. However, the holiday sales were not the same as pre-Covid-19 levels due to the shortened school holiday. For 2023, the year-end school holiday was only two weeks,” RGM added.

RGM is projecting an average growth rate of 7.1% for the Malaysian retail industry in the first quarter of 2024, owing to the CNY festival as well as the month-long school holiday from February to March.

The retail group said the distribution of Sumbangan Tunai Rahmah (STR) Phase 1 to 8.2 million Malaysians in January also led to higher consumption. The government had raised the maximum payment for Phase 1 of STR to RM500 for households from RM300 the year before.

barangkali syer buyback oleh senheng... banyak cara harga syer senheng boleh naik balik ataupun dipulihkan

kian ramai makan kat rumah.../ frozen foods macam roti canai, capati, nasi lemak, dll dari KAWAN pasti melambung... beli sebelum terlambat

pay attention, sudden surge above 30sen jika berlaku, ia boleh balik 50sen & ke atas. :)

barangkali hamas arab dah mau membawa bendera putih, ketua mereka sibuk mau poki bukan? isteri ke 7 (the 7th marriage) seperti yg dilaporkan bukan? hehe

@unknown1234

pricing moving up.... whats the news of the war now? anyone can update?

3 hours ago

GLCs berminat untuk membeli stake yg lebih besar dalam senheng barangkali untuk menyeru senheng untuk membuat francais di kawasan luar bandar, dll... lagipun harga syer senheng dah menjunam macam ctos... amat berbaloi kini

Korang boikot, dia pulak p@ki dulu kan? Hehe


X · Natsecjeff
100+ likes · 6 days ago
Wait, Hamas leader Ismail Haniyeh married a 28 year old - his 7th marriage
Wait, Hamas leader Ismail Haniyeh married a 28 year old - his 7th marriage - in Doha while his people are dying in Gaza? Amazing

Mungkin grab minat selepas jaya grocer dibeli. Banyak sinergi kan? Hehe

Tak tahu, mungkin GLC akan sapu 5-10% macam ctos bila harga dah menjunam seperti senheng kini

So many fund houses r holding the shares... dividend yield 4%++, just buy n keep for the medium or long term. Senheng tak pernah rugi. Ipo price pun RM1.07. Best buy kini

Q1, 2024 should be good, new year + cny + raya in this quarter:)

28.5 to 29.5 dah banyak hari.... once absorbed by fund houses, boleh naik... holding power & patience required

Isreal tetap menang dan menewaskan arab hamas dengan bergaya hehe

29sen dah diserap nonstop Dan habis dah... fun time . Be patient saja

29sen cleared. Flying maybe

mesir pun dah bersedia menerima orang pelarian gaza... Israel serang sampai nama mak bapak diaorang pun terlupa hehe... hamas arab bukan lawan Israel... :)
############
Egypt preparing for Gazan influx and the rising price of leaving the Strip

##
Egypt preparing for Gazan influx and the rising price of leaving the Strip

ending soon... Israel, endgame strategy in Rafah... mana mau lari/sembunyi, hamas terrorists hehe... Israel lawan mesir, syria, lubnan, dll - israel menang, tiada yang mustahil bagi Israel... luar biasa.

How will Israel evacuate 1.2 million Gazans from Rafah? IDF general explains
By 103FM VIA MAARIV ONLINE

Hilang kerja dan tiada OT akibat boikot , pinjam wang berterusan sampai muflis/p0kai hahaha. Malaysia's aggregated household debt reaches a whopping RM 1.53 trillion, which may severely impact consumption and the future of our economy.

Israel menyerang hamas terrorists dengan hebat... hehe boikot hanya akan meruntuhkan ekonomi tempatan negara yg melakukan boikot hehe...Malaysia's aggregated household debt reaches a whopping RM 1.53 trillion, which may severely impact consumption and the future of our economy.


IDF troops operating in the Gaza Strip, March 20, 2024.
IDF eliminates 50 terrorists at al-Shifa Hospital complex
By JERUSALEM POST STAFF

recovering... ~ 63sen... exactly 10% below IPO price at 70sen... buck up yah!

the fund managers would have spoken to the founder to improve profit, dividend, etc. current dividend yield at 4.14%, room to increase dividend payout

CIMB Group Holdings Berhad, Asset Management Arm 20,000,000 RM5.9m 0% 0.45%
1.3%
Eastspring Investments (Singapore) Limited 19,518,300 RM5.8m 0% 0.01%
1.1%
Employees Provident Fund of Malaysia 16,567,600 RM4.9m 0% no data
0.74%
Norges Bank Investment Management 11,148,800 RM3.3m 0% no data
0.62%
Great Eastern Life Assurance (Malaysia) Berhad, Insurance Investments 9,368,700 RM2.8m 0% 0.03%
0.53%
Yayasan Islam Terengganu, Endowment arm 8,000,000 RM2.4m 0% 4.08%
0.42%
PHEIM Asset Management Sdn Bhd 6,281,300 RM1.9m 0% 0.96%
0.33%
Majlis Agama Islam Negeri Sembilan 5,000,000 RM1.5m 0% no data
0.32%
Lembaga Tabung Haji, Endowment Arm 4,758,500 RM1.4m 0% 0.01%
0.2%
Kumpulan Wang Persaraan 2,378,700 RM701.7k 0% no data
0.13%
CVC Capital Partners Limited 1,934,500 RM570.7k 0% no data
0.067%
Daiwa Asset Management Co., Ltd. 998,600 RM294.6k 0% no data
0.016%

Berjaya group or VT buddies are absorbing the shares.... always above 50sen whether all analysts forecast 30 or 40sen... the key factor determining market price at equilibrium ialah demand & supply, itu je hehe

boycott till frighten away investors .. msia can go to IMF to beg for a rescue macam mesir hahaha

the 4th or 5th working day that 29-29.5 shares are being bought non-stop... just wait for sudden big jump... holding power is key. good luck.. be patient yah

at 29sen, absorbing non-stop till habis stok,,,, then rebound, goes up... a patience gameplay. fun indeed

Maybank investment bank punya forecast hahaha

Share Price MYR 0.57
12m Price Target MYR 0.40 (-27%)
Previous Price Target MYR 0.52

Above 50sen till now. All analysts failed in forecasting hahaha

Share Price MYR 0.57
12m Price Target MYR 0.40 (-27%)
Previous Price Target MYR 0.52

buy rate 90% memuaskan :)

post pandemic , ramai yg kian susah...hanya mampu makan and masak kat rumah.. kawan mempunyai potensi tak terhingga bukan hanya di malaysia tapi global jugak.

$$$$$$$$$$$$$$$$$$In 2022, according to the World Instant Noodles Association, humanity collectively bought a record 121 billion servings of instant noodles – some 17 per cent more than in 2018. In countries as diverse as Nigeria, Bangladesh and Turkey, the surge has been far more acute, with increases ranging from 53 per cent to 425 per cent.
https://www.channelnewsasia.com/commentary/inflation-economic-outlook-instant-noodles-ramen-demand-4194896

roger roger, investors dah mau attack ka? 29.5sen sekarang

55sen seems to be the bottom out price now :)

2024-03-19 0.55 0.555 0.545 0.55 -0.005 (0.90%) 925,400
2024-03-18 0.555 0.56 0.55 0.555 0.00 (0.00%) 815,400
2024-03-15 0.55 0.555 0.545 0.555 0.00 (0.00%) 547,400
2024-03-14 0.55 0.555 0.55 0.555 +0.005 (0.909%) 344,700
2024-03-13 0.545 0.555 0.545 0.55 0.00 (0.00%) 487,300
2024-03-12 0.55 0.55 0.545 0.55 0.00 (0.00%) 593,000
2024-03-11 0.56 0.56 0.54 0.55 -0.01 (1.785%) 1,397,800

USA & Israel combined, the no 1 & No 4 military power in the world, terrorists like hamas, etc better run fast fast hehe

USA has given the blessing to Israel to fight hamas terrorists in Rafah... the surrender or defeat of hamas terrorrists is near. hehe....

boycott is useless at all... hehe

semua syer senheng disapu bersih antara 29sen & 29.5sen selama beberapa hari dah, tunggu pembeli besar kata roger roger attack saja kini hehe

2024-03-19 0.29 0.295 0.285 0.29 0.00 (0.00%) 1,231,300
2024-03-18 0.29 0.295 0.285 0.29 0.00 (0.00%) 1,969,300
2024-03-15 0.295 0.295 0.29 0.29 -0.005 (1.694%) 3,673,000
2024-03-14 0.29 0.295 0.29 0.295 +0.005 (1.724%) 579,000
2024-03-13 0.30 0.30 0.285 0.29 -0.005 (1.694%) 2,074,900
2024-03-12 0.30 0.30 0.285 0.295 -0.005 (1.666%) 2,179,900