HJey, i think in Mid 2011, the price go to RM7++ is something wrong. because its only 1 day. the price chart show here is after all bonus issue. so from Sep 2009 at RM0.83 until today RM2.14 is already increase RM1.31 for this 5 years. so equivalent increase 157% within this 5 year. correct me if i'm wrong.
SKL6097, hapseng in mid 2011 had a stock split and rights issue. I am still holding until now although i bought in 2011 at 7.60 and take up the right issues and free warrant. Can't recalled the basis now. But after 2 years and getting dividend around 5% for few times amounting to abt 2k, now i am sitting on a 2k unrealised profits.
Alex Chan, i dont think it will go down. Hap Send is defensive and solid company so i am not perturbed about it. Further the dividend is abt 5% so is much better than FD rates.
ktsk88, i don't know what u did with ur Hapseng stock.
It's bonus issue in 2011. Ratio is 2:1. It means you get 2000 unit FOC for each 1000 unit. This mean you hold 3000 unit. The dividend yield is good. Your dividend amount is 3X more.
Total dividend payable after bonus issue until is 0.27.
HJey, whatever it is in 2011..........i can't recalled but i had paid RM14040.00 all in for the stock that comprises 7200 mother and 1200 warrant.
Based on yesterday closing of 2.16 and 0.52, the holding worth RM16176.00, so i have paper gain of RM2136.00 and not inclusive all the dividend i received for pass 2 years ++.
if u bought 7200 before bonus issue, your paper gain should be around RM6++. your unit is 2400 mother (2400 x 3 = 7200). i didn't bought warrant, so I have no idea on this
if you bought after ex-date, your paper gain is RM2++. I believe you bought hapseng after ex-date. I assume your buying price is around RM1.80++. (RM1.80 X 7200 = RM12960)
if u bought 7200 before bonus issue, your paper gain should be around RM6++. your unit is (7200 x 3 = 21600). i didn't bought warrant, so I have no idea on this
HJey, i bought b4 bonus and warrant. So the dividend i received so far is around 2k as you mentioned if your record is right. Couple with the paper gain i am sitting on now the total gain more than 4k by now.
Not a bad return i guess.
I think HapSeng will still have rooms for advancement to another level around 2.40.
take advantage of the buyback, buy in the morning and park it at the higher during closing...they push the price during the last bid at 4.45pm.......now they are busy buying 1 share.....lol
long term, not going to help as when market down, it will fall without much support
Resistance of RM2.17 broken with a possible cup and holder formation to follow. Although trading volume is not high for the past days, some buying interest is seen. Nice chart.
i don't want to everyone mood. i have hapseng shares but this is my opinion.
hapseng has withstood the massive selldown last month and has increase since 6th Sep. Not a single day loss.
This is first time I see such continuous gain in HapSeng. The price may drop soon and that's the buying opportunity. I prefer to have margin of safety.
2012 eps = 19.58 in 2013, 2 qtrs only = 14.5 ......thats 48 pct increase ! so do the maths... Thats the reason i bought its warrant on 2/9 n today i hv almost 30 pct gains already... Look at her past year's record.Guarantee got 30 pct capital gain between yr entry point and exit within the year. To me its a good share.For the warrant ,i will exit at 55 pct gain ....its going into new record folks.....slowly but surely.Its not like those share within 1 day give u 30 pct.Everyone got a chance to make money here ....but no contra.that is what the company wants.....
those who buy the mother , u will get excellent divident. in Dec. The increase of this mth is abt 7pct till now....slowly and even unnoticed. Maybe esok ,it will rush up 10 pct to 2.46 ! More big buyers coming in....
Very steady stock,, everyday up a few cents...during downturn holding steady, too bad those who miss the boat. Thanks to all the buyback, this share is like a rock.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
HJey
1,368 posts
Posted by HJey > 2013-09-10 10:41 | Report Abuse
haikeyila, please check your comment again.
Hapseng's price never increase close to 200% in the last five years.
In mid 2011, Hapseng is worth RM7++. After bonus issue, the price readjusted to RM2++ and drop until RM1++ due to euro crisis.
For everyone info, Hapseng is co-owner of Menara Citibank.
Once I figured out their plantation business, I will post it here.
Again, Hapseng is for long-term based on current fundamentals.