Q3 anytime soon this month

17c sounds about right in expectation. Anything above this is a bonus

Would be interesting to see the results

I posted 2 opinions earlier this morning and it seems that one of it has been deleted, but sure if it’s done deliberately. Anyway, I was merely saying that management of HLIND should be more proactive in putting the cash to better use as oppose to leaving it to build up. Suggest that management do something similar like Nestle recently announcing to reduce its cash vault through either share buy back or special dividend. Cash left unused is poor cash management. That’s a fact.

Despite how good the counter is presented by historical and future prospect and earnings.... management needs to be more proactive to drive the share price to potential levels. All I see for the past years and having attended their AGMs.... management is not one bit excited about looking after shareholders interest and value. They are just not interested in share price enhancement. One can just open their historical share prices and judge for themselves on this. Cash vault is building up by the day but the counter remains undervalued. So say what you want about the counter and praise how impressive and robust the numbers are but until management can translate this into its true value.... one can just sit and stare at a prize. I have been holding this share for many years now and still believe in its potential.... just not how management and the BOD want you to share their wealth.

Collect collect collect

Wonder with the recent increase in holding by epf that something good is coming

Despite all the analytics of how good the company is.... there’s no legs

Epf bought substantial amount on 04 sept? Something good is coming?

Share from an associate company (yamaha VN) has dropped significantly q-o-q. Big question... why

Boring la counter, no action also.......result good but Trumpster suppressing market

Where the results?

QR result this week, if not by this month end.

Funds and research houses are so called experts offering professional advice at the expense of unwary investors by charging them unscrupulous fees or artificially inflate stock prices to churn up brokerage fees. Never trust them.... just take it with a pinch of salt. I agree with kywoo... stock investment is not for everyone and certainly no free food and quick money in this world.

last day before ex-date tomorrow 27 June

@kywoo if what you say is true.... then HLIND has lots of potential. No wonder you see things that others do not and that makes you a deserving superinvestor I will increase HLIND in portfolio. Thanks.

@kywoo your comments are always wise and make a lot of sense. You are truly a superinvestor.

One can only dream of good dividends but fat hopes with QLC list of companies unfortunately. Don’t set yr hopes high although 1.50/share is quite nice a figure

Results should be out today

Time to ADD...ADD...ADD

It was mentioned by an analyst report through discussion with management earlier this year of HLIND returning to be syariah compliant. Accordingly there are only 2 reviews yearly for such revaluation of syariah compliant, May and November. As such, I see this as a valid point that HLIND management may be delaying results or time in accordingly to be syariah compliant. I’m not versed on syariah compliant guidelines, one can Google this on bursa listing guidelines, but dividends distribution is one way make it compliant!

What about HLIND for divi yield?

They deciding on the size of the dividend......just hang on and yr patience will be generously rewarded

If 0.75 sen, confirm share price rocket 14 lo based on DY 5.5%

Confirm 50 Sen full year result (15+35) FY 2019. Rest is bonus as u say

Lai Liao Lai Liao...11 otw

apa ni org ckap?

Dividend Q4 2018 7 sen vs 8 Sen (Q4 2017). Dividend will be paid in Aug 2019, doubt there’s gonna be any excitement for such a long period. Steady company but business as usual.

When’s Q report coming out?

No real commitment in maximising shareholders value at all

That’s what I have been lobbying all this while... increase the dividend payout.... the company’s dividend policy in the annual report is the worst I’ve ever come across... prolly cut and paste from accounting standards

This company is clearly undervalued.... how does one explain for IHH and aeon credit PE? I would put my money on HLIND anytime

First class management but economy class dividends .....shame

high volume, price steady??!

2019 STOCK PICK: x3mg33 (2018 2nd placing)

UNITS PERC%
HLIND 3,400 28.9%
MAYBANK 1,000 9.5%
UCHITEC 3,300 8.4%
NEST 100 14.7%
HEIM 700 14.3%
AJI 600 11.6%
SCIENTX 550 4.9%
AEONCR 500 7.6%

TOTAL 100%

Same as earlier but with 'units' detail

2019 STOCK PICK: x3mg33 (2018 2nd placing)

UNITS PERC%
HLIND 3,400 28.9%
MAYBANK 1,000 9.5%
UCHITEC 3,300 8.4%
NEST 100 14.7%
HEIM 700 14.3%
AJI 600 11.6%
SCIENTX 550 4.9%
AEONCR 500 7.6%

TOTAL 100%

2019 STOCK PICK: x3mg33 (2018 2nd placing)

PERC%
HLIND 28.9%
MAYBANK 9.5%
UCHITEC 8.4%
NEST 14.7%
HEIM 14.3%
AJI 11.6%
SCIENTX 4.9%
AEONCR 7.6%

TOTAL 100%

thanks!

winner among the losers ma.....losers also got winner one ma

Is there a stock pick contest for 2019? @tan KW?

If you still don’t understand, seek help from a financial adviser. You do not deserve to buy into this counter in the first place if you are asking rudimentary questions on increase and decreases. Get help instead....

Stop asking silly questions. If you are invested in this counter you should know what you are investing in. Please read kywoo write up above.

I refer to the link on the valuation written and posted earlier.

https://seeking-alpha.com/2018/07/28/hong-leong-industries-bhd-rm13-31-thanks-mat-rempit/


I have been studying and following developments on this counter for quite some time now. Most of the comments and assumptions are valid and spot on. Whilst most of the write up are based off available facts and figures and to safely arrive on a valuation model, I would like to add on some pertinent points not mentioned here.

1) Strength of balance sheet and cashflow: This counter has a very strong balance sheet with solid fundamentals on the assets coupled with very low gearing ratio (extremely low). The net cashflow from the last Q reported stood at in the region of MYR 700mil. Not many companies, infact I can say just a handful would have such staggering amount. You would appreciate for a company to operate financially well, cash is afterall, still king.

2) P/E: Current PE is just under 11 and is far below its peers and consumer segment FBMKLCI. The consumer segment benchmark PE would be between 15-20. Earnings from previous quarters and coming quarter would bring the total EPS for the year to MYR1.00. Conservatively, this company would be able to trade at 15 PE hence bringing a valuation of MYR 15.00. I can easily name a few companies with ridiculously high PE but backed with poor balance sheet and growth potentials listed in the local bourse, best is, they are heavily traded by institutions because of spreads.

3) Dividend: for a counter to attract investors, it should also reward investors with strong returns. this counter has been paying decent dividends over the years, within circa 40-42sens for the past financial years. This translates to a dividend yield of just 3.8%. I would expect a yield of 5-6% based on the dividend yields trend from the past. Conservatively if a yield of 5% is applied at a price of MYR 15.00, this would translate to a dividend of 75sens per year. This would sure attract investors to the fold. The company is able to pay such a dividend with its strong cashflow and distributable reserves.

This counter is very conservative and has been under the radar for a quite some time and is truly a diamond in the sand. It bears the Hong Leong brand of companies under its founder Mr Quek, known for its shrewd business model and acumen. You can hardly go wrong under the HL belt. Value investors would appreciate highly such a counter..... if they ever notice.

Just exchanging views here really, happy to share and discuss more so we can learn from each other. Thanks.

Full year results worth the wait when released in Aug 2018.

...." Management should consider rewarding shareholders and maximizing their share values through a high dividend payout. A generous dividend payout always lead to higher PE awarded..." This million dollar question deserves some serious answering from management, internal capital expansion albeit at its optimum, can be ruled out given the current market climate, i really do not see the need to sit on so much cash! This is one of the most conservative and well managed counters in KLSE but also the most frugal one when it comes to dividend payout. Dividend policy over the years have been rather obscure.

great insight and review @kywoo. I couldn't agree more.

Thanks... just lucky to have bought into defensive counters.

share buy back....woohoo!!

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5735181

Thought dividend is in April (based on past divi release)

with this counter....good news await

About time...11.20