HAP SENG CONSOLIDATED BHD

KLSE (MYR): HAPSENG (3034)

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Last Price

3.88

Today's Change

+0.02 (0.52%)

Day's Change

3.86 - 3.89

Trading Volume

72,400


18 people like this.

4,189 comment(s). Last comment by dompeilee 2 days ago

Penang Ran

116 posts

Posted by Penang Ran > 2014-08-08 07:44 | Report Abuse

selling the treasury stock is just unlock the profit ,it is normal exercise for the listed company. Moreover dispose the plantation sector for CASH as well. we can expected to have good dividend to announced soon. HOPE SO.

kktom

394 posts

Posted by kktom > 2014-08-08 14:57 | Report Abuse

seems like institution is buying in.

Collin Soo

894 posts

Posted by Collin Soo > 2014-08-08 20:39 | Report Abuse

Today majority counters drop but Hapseng perform well

Hochimama

876 posts

Posted by Hochimama > 2014-08-08 21:36 | Report Abuse

for the last 2days the volume has been extremely large

firebird2

1,730 posts

Posted by firebird2 > 2014-08-09 00:01 | Report Abuse

The company had been buying back its own shares for quite some time. Recently they are selling the treasury shares. Purpose is to make money out of it?
Notice the amount of treasury shares are big and the selling Q is big also. By doing so, isn't it the price will drop?
Really don't quite understand what they are doing.
My thinking is that they are having hugh development project running into billions, so they need some funds and are selling some T shares.
Anyone wish to discuss and share here? Thx

dalpinia

2,299 posts

Posted by dalpinia > 2014-08-09 10:38 | Report Abuse

The MD wanted to show better next q result. Bybselling T share may have more profut into their account.

firebird2

1,730 posts

Posted by firebird2 > 2014-08-09 12:24 | Report Abuse

Thx dalpinia.
A collection of some possible reasons why HapSeng is selling T-shares lately:-
1) Company securing more funds to ready for hugh Development projects.
2) MD wants to show better next Q results.

Anyone wants to add more?
Just for sharing and discussion by all interested parties.
Thx

Posted by Yeap Chin Poh > 2014-08-09 16:53 | Report Abuse

I would go with the realization of profits but we would not see this until the Nov disclosure. Anyway its bought by related company. In one pocket, out another. I don't quite understand whats going on.

08/08/2014 Lei Shing Hong Investment Ltd ["LSHI"] Purchase of 16,454,400 shares on open market from 4 August 2014 to 7 August 2014.

firebird2

1,730 posts

Posted by firebird2 > 2014-08-09 17:02 | Report Abuse

Hmm Yes YeapChinPoh, really don't get what they are doing and why related parties are buying like that.
Anyway

A collection of some possible reasons why HapSeng is selling T-shares lately:-
1) Company securing more funds to ready for hugh Development projects.
2) MD wants to show better next Q results.
3) Realization of profits.
Anyone wants to add more?
Just for sharing and discussion by all interested parties.
Thx

Johann5354

174 posts

Posted by Johann5354 > 2014-08-11 10:56 | Report Abuse

Today volume so high, almost reach 77k already , any good news?

Mel2learn

146 posts

Posted by Mel2learn > 2014-08-11 17:42 | Report Abuse

The price has been hovering at this range for couple of weeks. And everytime its pushed back to 3.5 or 3.51. Some kinda interesting activity.Vol has been picking up. Hopefully quarter results good.

Firebird2

1,730 posts

Posted by Firebird2 > 2014-08-11 19:34 | Report Abuse

Wonder if its manipulated to hang around 3.50 and 3.51 ?

Firebird2

1,730 posts

Posted by Firebird2 > 2014-08-11 19:56 | Report Abuse

omg, today treasury shares sold 11.445m. Treasury shares still outstanding 171,612,200.

Firebird2

1,730 posts

Posted by Firebird2 > 2014-08-11 19:57 | Report Abuse

11.5m sold for Rm40m
Balance if sold, will bring in Rm600m

HJey

1,368 posts

Posted by HJey > 2014-08-11 20:10 | Report Abuse

Firebird2, there are two answers to your question on treasury share. If you hate Hap Seng, then it's insider trading. If you worked in corporate world, then it's account balance for Lei Shin Hong

Firebird2

1,730 posts

Posted by Firebird2 > 2014-08-11 20:20 | Report Abuse

Thx Hjey, I don't hate Hap Seng, I do hold some shares.
Wonder why its done in the open market. Maybe the price will be around this level for some time to come, as there are a lot more to go.

HJey

1,368 posts

Posted by HJey > 2014-08-11 20:30 | Report Abuse

Why it's done in open market? It's called taking advantage of loopholes

Firebird2

1,730 posts

Posted by Firebird2 > 2014-08-11 20:45 | Report Abuse

Nvm, lets wait and see. Before the next action, Thx

Mel2learn

146 posts

Posted by Mel2learn > 2014-08-12 10:10 | Report Abuse

Meaning time to sell or what? Oh man.

huat2628

177 posts

Posted by huat2628 > 2014-08-12 10:58 | Report Abuse

wat happen to hapseng ?? price hang around 3.50 and 3.51 long time liao

kktom

394 posts

Posted by kktom > 2014-08-12 16:35 | Report Abuse

major shareholder to privatise this counter?

sngrng

3 posts

Posted by sngrng > 2014-08-12 18:49 | Report Abuse

i am having the same thought like bro kktom, he has bought in more than the company sold

HJey

1,368 posts

Posted by HJey > 2014-08-12 18:53 | Report Abuse

Privatisation rumour has been around since 2010. I lazy to think of "what if" scenario. Focus on the business is enough for me

sngrng

3 posts

Posted by sngrng > 2014-08-12 19:03 | Report Abuse

absoutely,profitability of the company will always be the only factor to think of,but if privatisation take place,you and me will be in no position to focus on the business

HJey

1,368 posts

Posted by HJey > 2014-08-12 19:11 | Report Abuse

Sngrng, exactly. Until privatisation is confirm in writing, it's better spend time focus on reason for buying, holding and selling a business

sngrng

3 posts

Posted by sngrng > 2014-08-12 19:24 | Report Abuse

agree,i am just evaluating all the possibilities,who knows what will come next

Johann5354

174 posts

Posted by Johann5354 > 2014-08-13 05:08 | Report Abuse

借用 jay_cwk88 网友的故事分享:

假设一个市场,有两个人在卖烧饼,有且只有两个人,姑且称他们为烧饼甲、烧饼乙。
  
假设他们的烧饼价格没有物价局监管。
  
假设他们每个烧饼卖一元钱就可以保本(包括他们的劳动力价值)
  
假设他们的烧饼数量一样多。
  
——经济模型都这样,假设需要很多。
  
再假设他们生意很不好,一个买烧饼的人都没有。这样他们很无聊地站了半天。
  
甲说好无聊。
  
乙说好无聊。
  
看故事的你们说:好无聊。
  
这个时候的市场叫做很不活跃!
  
为了让大家不无聊,甲对乙说:要不我们玩个游戏?乙赞成。
  
于是,故事开始了。。。。。。
  
甲花一元钱买乙一个烧饼,乙也花一元钱买甲一个烧饼,现金交付。
  
甲再花两元钱买乙一个烧饼,乙也花两元钱买甲一个烧饼,现金交付。
  
甲再花三元钱买乙一个烧饼,乙也花三元钱买甲一个烧饼,现金交付。
  
。。。。。。
  
于是在整个市场的人看来(包括看故事的你)烧饼的价格飞涨,不一会儿就涨到了每个烧饼60元。但只要甲和乙手上的烧饼数一样,那么谁都没有赚钱,谁也没有亏钱,但是他们重估以后的资产“增值”了!甲乙拥有高出过去很多倍的“财富”,他们身价提高了很多,“市值”增加了很多。
  
这个时候有路人丙,一个小时前路过的时候知道烧饼是一元一个,现在发现是60元一个,他很惊讶。
  
一个小时以后,路人丙发现烧饼已经是100元一个,他更惊讶了。
  
又一个小时以后,路人丙发现烧饼已经是120元一个了,他毫不犹豫地买了一个,因为他是个投资兼投机家,他确信烧饼价格还会涨,价格上还有上升空间,并且有人给出了超过200元的“目标价”(在股票市场,他叫股民,给出目标价的人叫研究员)。
  
在烧饼甲、烧饼乙“赚钱”的示范效应下,甚至路人丙赚钱的示范效应下,接下来的买烧饼的路人越来越多,参与买卖的人也越来越多,烧饼价格节节攀升,而且卖了的人都很后悔——因为烧饼价格还在飞快地涨。。。。。。

pathfinder

374 posts

Posted by pathfinder > 2014-08-13 15:34 | Report Abuse

I don't understand Mandarin. Could someone summarise the above in one or 2 sentences for me. Thanks.

kktom

394 posts

Posted by kktom > 2014-08-13 16:32 | Report Abuse

left pocket out to right pocket.lol

jtoh1985

506 posts

Posted by jtoh1985 > 2014-08-15 13:09 | Report Abuse

today finally raise to another level~

kktom

394 posts

Posted by kktom > 2014-08-15 13:47 | Report Abuse

some counters must treated like wife.some r like mistress,play and dump.haha

Mel2learn

146 posts

Posted by Mel2learn > 2014-08-15 14:02 | Report Abuse

Up. any news guys.

leon7

200 posts

Posted by leon7 > 2014-08-15 14:44 | Report Abuse

Volume is so low today.

huat2628

177 posts

Posted by huat2628 > 2014-08-15 14:47 | Report Abuse

唉! Sold my wa wednesday, today up,, sad!!!!1

JayC

1,302 posts

Posted by JayC > 2014-08-15 14:48 | Report Abuse

what's the story morning glory!!! up with high volume and fast pace!!!

Funtrade

596 posts

Posted by Funtrade > 2014-08-15 14:49 | Report Abuse

sudah gila !!!

kc3255ck

98 posts

Posted by kc3255ck > 2014-08-15 14:56 | Report Abuse

90% gain within a year. I should sold my pants and everything a year ago and all invested in this super counter.. Haizzzzz

leon7

200 posts

Posted by leon7 > 2014-08-15 14:58 | Report Abuse

I meant the buy and sell queue is low volume.

Hochimama

876 posts

Posted by Hochimama > 2014-08-15 15:16 | Report Abuse

But the overall volume not too bad. sometimes deals happening behind the scene..

Thiam

28 posts

Posted by Thiam > 2014-08-15 15:19 | Report Abuse

suddenly fly so high! whats going on?

Hochimama

876 posts

Posted by Hochimama > 2014-08-15 15:21 | Report Abuse

now coming down..

leon7

200 posts

Posted by leon7 > 2014-08-15 15:22 | Report Abuse

Profit-taking is happening, let's see how it ends today.

Looking forward to any significant announcements...

kc3255ck

98 posts

Posted by kc3255ck > 2014-08-15 15:42 | Report Abuse

BO LAT LIAO.....ok..... well done HapSeng

Mel2learn

146 posts

Posted by Mel2learn > 2014-08-15 15:57 | Report Abuse

yeah but why down already. retail investors taking profit?

AC Gan

188 posts

Posted by AC Gan > 2014-08-15 16:19 | Report Abuse

Forseen good financial report & a block of stocks is taken up by Institution..!

Ming Koay

308 posts

Posted by Ming Koay > 2014-08-15 16:41 | Report Abuse

one of my favorite share!

Mel2learn

146 posts

Posted by Mel2learn > 2014-08-15 16:41 | Report Abuse

hold or go? Falling back to low price.aikssss

Johann5354

174 posts

Posted by Johann5354 > 2014-08-15 17:08 | Report Abuse

I still hold it ... Hope can up again at monfay

Johann5354

174 posts

Posted by Johann5354 > 2014-08-15 17:08 | Report Abuse

Monday ***

Funtrade

596 posts

Posted by Funtrade > 2014-08-15 17:11 | Report Abuse

okay who bought above 3.60 just now ???

Maybe kena conned liao. aiyaya

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