Posted by calvintaneng > 2017-04-26 07:45 | Report Abuse

Let's sum up the salient factors of Harrison again:

1. Harrison is backed by High NTA, low P/E and high dividend.

By all 3 investment yardsticks it qualifies as a Value cum Growth Stock.

2. It is into distribution of FMCG like Milo, Maggee mee, coca cola and other basic necessities which are recession proof.

3. The signal given by increasing dividend from Rm150 to Rm250 indicate that Harrison is now moving up a higher level. Will it follow DutchLady increasshare price rise from Rm4.00 to Rm40.00 when Dutchlady decided to increase dividend yield progressively.

4. The Cash Hoard of over Rm80 millons or more is too excessive. More could be given out by way of dividend to reward shareholders.

5. The Assets of Harrison are now more than 20 years old and still listed at Old Book Value.

If revalued NAV/NTA should double or triple from Rm4.38 to Over Rm8.00 and above Rm11.00

This shows it is selling at Deep discount.

6. Top 30 holders are Intelligent Value Funds like Yeoman, investment banks and others holding almost 82% of Harrison shares tightly.

7. Like MFCB last time which Calvin Tan Research chun chun forecast of bonus issue with free warrant (which was fullfilled later) Harrison is also ripe for a Capital Exercise soon.

8. Calvin thinks when dividend date by June AGM is confirmed with 25 sen cash payout Harrison share price should rise up on its Strong Fundamental to near Rm4.50

9. So load up while still cheap. THEN HOLD TIGHT THIS GEM WITH LONG TERM VALUE.

ALL VALUE FUNDS, DEFENSIVE FUNDS, DIVIDEND FOCUS FUNDS AND GROWTH FUNDS SHOULD HAVE HARRISON IN ITS PORTFOLIO.

HAPPY LONG LASTING VALUE GROWTH INVESTING.

TEN THOUSAND CHEERS!!

Posted by John Lu > 2017-04-26 07:59 | Report Abuse

Why u still rank 223?

Posted by John Lu > 2017-04-26 08:02 | Report Abuse

224) calvintaneng +6.2% 106195.76 http://klse.i3investor.com/servlets/pfs/71329.jsp
22% DUTALND 0.470 0.400 49800|21% PBA 1.260 1.150 17300|19% BJCORP 0.350 0.340 58600|19% BPURI 0.445 0.435 45800|19% OPCOM 0.600 0.600 33200 (106015.00:180.76|237.24)

Posted by moneykj > 2017-04-26 11:48 | Report Abuse

Haha..Is it duta or buta land?

Posted by calvintaneng > 2017-04-26 22:29 | Report Abuse

YESSSS!

SMART & STRONG & VERY WISE HANDS HAVE ACCUMULATED HARRISON SHARES TODAY!!

CONGRATULATIONS!!

YOU GOT GREAT BARGAINS MR. MARKET STILL UNAWARE!!!

Posted by Saravmaniam > 2017-04-26 23:00 | Report Abuse

Hi Calvin...did u have telegram live call forum?

Posted by calvintaneng > 2017-04-26 23:11 |

Post removed.Why?

Posted by Ahbeng Beng > 2017-04-27 00:02 | Report Abuse

This business got any new business venture that are able to grow their revenue further? All i see is very safe position sitting on their logistics monopoly in east malaysia, undervalue assets...and not much business growth.

Posted by arv18 > 2017-04-27 00:25 | Report Abuse

I like to buy wine here. Some good deals on cheap Spanish table wine. Investment. Nah!

Pay attention to TechnoDex - Risk/Reward will be much better.

Posted by calvintaneng > 2017-04-27 01:11 | Report Abuse

Ahbeng beng,

I SEE lots of potential in Harrison.

Over the many years Harrison has secured very prime pieces of lands in strategic places.

Time will be ripe to convert these warehouses, lands and others into

SHOPPING MALL

HIGH RISE CONDOS

HIGH END HOUSES

OTHERS

Last time in Chan Sow Lin road F&N converted their factory land into 3 storey shophouses fronting main road.

Likewise in Spore - Yeo Hiap Seng converted their factories into high end condos along Bkt Timah road for high profit.

Think of Malton's Pavilion built on former BBGS Girl's School

Or Sg Besi military airfield into Bandar Malaysia

Even the Pudu Jail commands high value when converted to other uses.

So I think the asset spin off from Harrison will be very good!

Posted by arv18 > 2017-04-27 08:01 | Report Abuse

We'll see brother who takes the prize.

Posted by dusti > 2017-04-27 09:44 | Report Abuse

Kiasu snake oil peddler trying very hard to con people. Harrisons has been in steady state for a long time. So what's new?

Posted by Lambar > 2017-04-27 10:55 | Report Abuse

Really rubbish report !!!

Posted by Albukhary > 2017-04-27 12:51 | Report Abuse

PERHAPS TAN TUAN PHIN IS CALVIN TAN

Posted by calvintaneng > 2017-04-27 19:14 | Report Abuse

Sweet sweet Reward!!

Rm250 dividend just announced!!

SLURP!!!

Posted by 3iii > 2017-04-27 19:26 | Report Abuse

Very low quality research by Calvin.

Posted by stockmanmy > 2017-04-27 19:28 | Report Abuse

sendai better

Posted by calvintaneng > 2017-04-27 19:47 | Report Abuse

SO HAPPY TODAY!!

Got Rm250 Dividend Chun Chun!!

Later Harrison (still got more than Rm80 mil CASH) follow Dutch Lady to give another Special Dividend

Harrison will Fly, Fly, Fly & Fly Up The Sky!!!!


WUHUHU!!!!

Posted by calvintaneng > 2017-04-30 19:34 |

Post removed.Why?

Posted by stockmanmy > 2017-05-21 01:27 | Report Abuse

calvin


you have not told us what has Harrison done to fend off competitors like DKS and Kim Teck Cheong eating into their space.

Posted by shpg22 > 2019-02-16 13:18 | Report Abuse

The price is fairly valued and sustained by its high dividend payout. Financial performance wise is quite mediocre. Its recent year FCF is not very impressive compare to its dividend payout. Guessed that they did liquidate some asset to fund the dividend payout. Problem with this kind of business is its razor thin net profit margin of 1-2% only. Its not going to change to DLADY overnite.