The result is normal but 3rd dividend in 2014 is unexpected. This brings the total dividend to 0.33 in 2014 which is around 25% dividend yield based on my average price.

Hap Seng is my largest holding for the past 4 years with average price lower than conversion price

Let understand more about Hap Seng business

Hap Seng has 7 division & all division delivered average 100 mil sales. 2014 is going to end & it's good time to do business review


Property
This business made profit because of good take-up rate of its property & main beneficiary of value chain integration which reduce the costs. Menara Hap Seng 2 will contributes additional income from next year onwards beside Menara Hap Seng & Menara Citibank


Quarry
No. 2 in brick business. Supplier to its own property business


Trading
Supplier to its property by selling building materials at dealer price instead of retail price.The only distributor for its own tile brand, MML & other building materials from Lafarge & Masteel.

For Hap Seng Oil & Transport, it distributes bitumen, diesel and petrol from Shell & Petronas. With the latest majority stakes in Borneo Oil, the distribution right of Borneo Oil will go to Hap Seng Oil & Transport


Fertiliser
I have zero passion on this business


Credit & Financing
I know it's for B2B only


Plantation
I don't understand this business due to lack of passion


Automotive
Hap Seng Star is targeting towards niche markets with Mercedes Benz & Mitsubishi Fuso. Hap Seng has almost monopolise the sales & distribution of Mitsubishi Fuso in East Malaysia. My only concern is NAP which is still unclear


This year, I have approx. 60% gain from Jan14 to today or around 147% based on my average price. It's a good year for Hap Seng shareholders. Cheers & let us enjoy the Christmas gift from Hap Seng.

Saw the result out. Will read when I'm back home

Headache, the font and word not easy to read

Haha, my question is bila dividend mau keluar

AAX is more risky than AirAsia. Don't think about AAX if you can't handle AirAsia roller coaster ride

Why so concern about palm oil when the main contributor is beverage? I will explain in details before going year end holiday

Let wait for the result

Read the news on Air Asia. A slight dissappointment because I expect at least 5% sales incremental because of klia2. The weakest quarter is over and the strongest quarter is now. I will keep until next year May/June before saying goodbye to Air Asia

You are right. My goal is simple when it comes to investing & that is to make money. I am devil as always. Haha

Rizerlee, Malaysia is AA major revenue contributor alongside with Singapore & Thailand. MAHB business also comes from MAS & other airlines based in KLIA & KLIA2

There is a quarterly passenger report released by MAHB with airlines details. I shared this with boy boy Bullbear long time ago. Haha, Bullbear

My bet is on dividend and quarterly result. Hap Seng is featured in Focus Malaysia

http://www.focusmalaysia.my/Mainstream/Share%20buybacks%20galore

Hap Seng subsidiary & trading partner

Wait for report to know the impact of klia2

I bought Shell recently & in paper gain. Shell has drop since last year from 8+ to 5+. I don't know what to said because my entry price different from you

Should be another dividend. 80% dividend policy still in effect

3 more weeks to know the impact of klia2

Kktom, my average price is 1.29 after 4 years compounding

It makes sense that Hap Seng want major voting power because of oil business in Borneo Oil. This is aligned with Hap Seng Transport & Oil business.

I prefer Hap Seng not interfere in Sugar Bun business. Retail business is different than corporate business

MrWealthy4321, both Nestle & Coke are market leader in respective segment. They are market leader because they have competitive advantages in their business

Growthinvestor, to summarise your comment is sales. No sales, no money, no profit

Haha, I am suitable for hell. I don't know you so I can't say anything

This is gambling & you don't know the outcome

The result should be published in a month or less

Haha. Rosak trader tjhldg

I already know long time ago

Sorry, miss out your question. The only stock sold this year is L&G at 67 cent. I don't know TA. I bought more Air Asia. Other than that, all remains the same

I don't how to said but I'm typical buy & hold investor & compounding. I always buy company with strong brand name. I am in sales line & that's why I prefer company with good sales. This is my circle of competence.

I don't know you so your expertise could be different. One more thing, look at your stock like a business

2222, don't assume HapSeng is good because of its price. Look at sales & profit vs competitors. I will buy 2222 this weekend

This is my 10th year in investing. FYI, I will be 28 this Sunday. I share the same birth date with 1987 crash. Whether you believe me or not, I made money from day one until today. I look everything from business

I agree. The CEO receive a salary package much higher than its peer. I bought because of good reason. It's best I insert the link to that article. I can't guarantee I could find it again because it was long time ago

Haha. The market is bad but people still buy 4D. It's difficult to change our habit especially gambling

Air Asia is like a roller coaster. I bought more because of next month quarter result. I want to incremental in sales and KLIA2 is factor for driving the sales. I will be very critical on the result

Hapseng has business units targeting niche market and value chain integration model in its business. Only 3 companies in KLSE with this system

Wait until I can find the article I read long ago. Lazy to explain

I view gambling a sustainable business. Just wait for U mobile IPO

Moment of truth is next month. I have increase my holding in AirAsia today. I will post the hard copy contract note from Bursa once received

Stock market is bad but I am looking for opportunity

I am having more than 200% gain now. Quater result to be release next month

Ride the roller coaster few more rounds & you are numb

Revenue increase to 1 billion from 826 mil
Operating expenses reduce to 740 mil from 770 mil
Cash & bank balances increase to 710 mil from 630 mil
Borrowings increase to 1.7 billion from 1.5 billion

With dividend policy still in effect & bigger profit, the next dividend payout will be higher. I'm looking forward to 2015

Teoi3, I have 3 reasons for buying Shell

There is reason why downstream is always a loss making business unit. I read article about it 7 or 8 years ago. I will insert the link when I find it again

Low volume & so-called expensive share (second liners) is always my preference. Short term investor will avoid this type. For this type to move up, it all depends on business fundamentals

The brand name itself, Shell

Yes, one more round of dividend

I bought last year because of corporate exercise for ICULS & Fed tapering. The quote price drop but sales number is strong. There is no chance I will let go of this opportunity

This princess has successfully turnaround & my reason for buying is no longer valid. It's time to bid my farewell to this princess

Roller coaster until Nov

Result should be out soon

Crazy stock as always

You will reap the full benefit of bonus issue only if you practice compounding & business has consistent earnings every year

This stock is not for me as it's out of my comfortable area

KFC is a good stock & my 1st stock

174mil operating profit against 210mil last year
All expenses increase from fuel to maintenance
Passenger carried increase by a mere 1% which is around 60k to 70k passengers

Number of flights increase by 1% and expenses will increase too because Air Asia operating from klia2 now. I will keep at least until Nov

My mistake. I didn't read the pdf attachment just now. Now I see the gain from foreign exchange

No idea on this