Posted by EDwarrior > 2023-05-18 12:10 | Report Abuse

I really bought at 4.37. I have not lie

Posted by EDwarrior > 2023-05-18 12:11 | Report Abuse

100% will back to 52 week high. Cause they need volume bro.

Posted by James_Bond > 2023-05-18 12:13 | Report Abuse

I dare you, shorties to short Hapseng to less than 4!

Posted by James_Bond > 2023-05-18 12:14 | Report Abuse

Doubt you hv enough tickets to short! Soon you need to panic buy to recover your loss!

Posted by bingoman > 2023-05-18 12:33 | Report Abuse

arrr, now 4.39,
1 month later i come back
short term go buy Hupseng @ 73 sen

Posted by EDwarrior > 2023-05-18 12:33 | Report Abuse

If they want to back to KLSE top 30 index. HAP SENG Should not less than 10 billion of its market cap. Now the requirement is volume.

Posted by mffffffff > 2023-05-18 13:54 | Report Abuse

EWM ETF still holding around 1.5mil unit of HAPSENG as of 16th May. They have to dispose by 31st May to follow the index.

Posted by EDwarrior > 2023-05-18 15:14 | Report Abuse

Wow gg drop again... cut loss?

Posted by 2Invest > 2023-05-18 15:25 | Report Abuse

I do agree with Loneranger. Never try to be a hero against market to catch falling knife.

Let it falls until price become stable then only buy if you still having faith in the company.

Investors who short HS most likely already gain green light from the Lau family. Tunggulah, sama-sama buy in with the family. Never rush to put $$ into someone's pocket.

Posted by hhhiii123 > 2023-05-18 15:40 | Report Abuse

Be patient, when I start upward trend, at least 50% profit is expected?

Posted by dompeilee > 2023-05-18 17:16 | Report Abuse

Wah...if the family which holds 62% starts to sell truckloads like a couple of years back & join the panicking foreign funds...HABIS back to 3.00

Posted by 2Invest > 2023-05-18 18:13 | Report Abuse

Lau family holds > 80% actually
1. Gek Poh 54.63%
2. Lei Shing Hong (Their HK company) 19.62%
3. HS Insurance 8.01%

Just these 3 already > 82%

Not sure if the 4th from HK Phillip also their account or not. > 86% if that's also their account.

Tunggulah. Biar dia orang short habis. I will be more than happy if they short below 2. Is like Nestle from 130 to 30/40

I have no choice but all in by then. LOL

Posted by nabeh > 2023-05-18 18:49 | Report Abuse

Short selling traders just like Topglove. No support from Hap Seng. That's why everyday's new low. Stay away from this counter. You can't catch the falling knife!

Posted by prudentinvestor > 2023-05-18 22:02 | Report Abuse

"Still many people thinking it is undervalued. Funny."
RM4.30 is about the right price. eps is about 38 sen last year. Better to invest in banks. RHB Bank earned 64.6 sen last year and paid 40 sen dividends in total.

Posted by James_Bond > 2023-05-18 22:09 | Report Abuse

Why don’t you said RM 3.30 is about the right price? Funny la… haha…

Posted by James_Bond > 2023-05-18 22:11 | Report Abuse

What goes down, will come up later if fundamentals intact, for instance, gloves counters! I m earning huge from Harta! Haha…

Posted by The_JQuestion > 2023-05-18 22:13 | Report Abuse

Wow if 3 ++ whack saja .... mesti untung good co ni

Posted by 2Invest > 2023-05-18 22:38 | Report Abuse

Break rosak Pang. Bus can't stop. Biarlah dia turun bukit sepuas-puasnya

Posted by prudentinvestor > 2023-05-18 22:49 | Report Abuse

"Why don’t you said RM 3.30 is about the right price? Funny la… haha…"
Cannot say RM3.30 is the right price, otherwise someone who has been collecting Hap Seng at above RM4.50 might commit hara kiri. hahaha

Posted by bongbonghean > 2023-05-19 00:39 | Report Abuse

actually quite danger if largest shareholder own so many %, possible they ownself push down the price and maintain some while, then can privatize it

Posted by dompeilee > 2023-05-19 07:57 | Report Abuse

Major shr unloaded 280 mil when it was in the low 8s but also bought 25 mil when it was the the 9s six yrs ago...not enough foresight to sell when it was 9.50-10.30 for over 2 years & now $10 bil of their paper fortune has evaporated in the last 4 years...

Posted by prudentinvestor > 2023-05-19 09:50 | Report Abuse

A friend recommended Hap Seng to me about 9 to 10 years ago. I remember it was trading at around rm2 then but I took no action. Soon it began to move up and up and up almost non stop for several years until it reached about RM8, then I stopped watching this counter. Toooo frustrated.

Posted by hhhiii123 > 2023-05-19 12:04 | Report Abuse

How low it can go, qr super bad?

Posted by pang72 > 2023-05-19 12:10 | Report Abuse

I want to get out..
Can you stop stop stop?

Posted by pang72 > 2023-05-19 12:11 | Report Abuse

If you don't stop, I will call supermx boss tan Sri sending private jet to rescue me

Posted by prudentinvestor > 2023-05-19 12:16 | Report Abuse

It is a well diversified company. Average eps for the past 10 years was 39 sen and average dividend per share was around 30 sen. It won't collapse.

Posted by James_Bond > 2023-05-19 12:28 | Report Abuse

Come on, sell it down, doubt you hv anymore tickets!

Posted by James_Bond > 2023-05-19 15:59 | Report Abuse

Wait, wait, wait, and to my disappointment, shorties yet to hv enough tickets to short HapSeng! Haha…

Posted by 2Invest > 2023-05-19 15:59 | Report Abuse

Oh! Sorry for some wrong information provided yesterday.

Lei Shing Hong is not holding 19.62% but about 4.++% lesser (Based on 2022 Annual report), but the top 30 shareholders % inch up.

The 4% from Lei Shing Hong most likely goes to Naza Group as Naza didn't appear in 2021 annual report but 2022.

So many of us should be happy because Naza's holding cost most likely is much higher than us. LOL (Most likely is asset swapping)

Unlikely this coming quarter results will be very bad.

Lau family pun baru aje privatise UK Credit Financing. Anyway revenue contribution from this arm is about 100M++/year I guess (Total contribution from credit financing is less than 300m for 2022 if I am not mistaken). Personally I like their credit financing, very very very good profit margin.

Deal from HS Star & MBM pun belum take effect.

Anyway, HS Star pun dah ada new deal with Proton new arm (PRO-NET). Of coz how it turns out nobody know

Trading segment is some analysts concern. Takut fertilizer contribution will be dropped.

Plantation, kalau fertilizer drop plantation untunglah. As far as MPOB stay above RM3000 mesti boleh untung lagi. For HS may be no need so high. LOL

Property & Building Material. Of coz 2 sector ini perlu lagi sikit masa. Dia kan dah ada deal with Naza?

https://www.naza.com.my/hap-seng-land-partners-with-ttdi-kl-metropolis-to-develop-8-95-acres-of-kl-metropolis/

Kasilah HS sikit masa U-turn balik to the north. Biarlah lain investors short sepuas-puasnya.

Short pun mesti ada target price one. Otherwise boss marah buy back from open market then those who short mati oh! Kena beli from the market from for a higher price yet need to give interest to people who loan them shares.

Ikan bilis investors like us boleh tunggu saja. Biarlah tunggu

Posted by James_Bond > 2023-05-19 16:00 | Report Abuse

Come on, sell to papa…

Posted by 2Invest > 2023-05-19 16:05 | Report Abuse

James, not too aggressive. Never good for any investment

Posted by James_Bond > 2023-05-19 16:30 | Report Abuse

Doubt the shorties could bring HapSeng down any further… coz they lack of tickets to short! Haha…

Posted by hhhiii123 > 2023-05-19 17:13 | Report Abuse

Huge collection at 4.30, near bottom edy?

Posted by EDwarrior > 2023-05-19 18:18 | Report Abuse

i am still with Hap seng... the share price pump is coming soon

Posted by prudentinvestor > 2023-05-21 17:29 | Report Abuse

I haven't been monitoring Hap Seng for several years now and thought it was still trading at above RM8 a share until a few days ago. Surprised to find out that it has already dropped to below RM4.50 a share. Would monitor its price movement for a few months before making a decision whether to invest in this counter.

Posted by trader808 > 2023-05-22 11:08 | Report Abuse

short sellers are still active this morning. Continue to rampage. Create havoc and destruction.

Posted by James_Bond > 2023-05-22 20:31 | Report Abuse

Hello, i m on vacation. I’m still holding Hapseng. Wait the curse of “Sell in May and stay away” to take full effect first and only average down. Cheers.

Posted by willc48 > 2023-05-23 09:54 | Report Abuse

hap seng sudah jadi ham tan?

Posted by EDwarrior > 2023-05-23 12:09 | Report Abuse

Is bottom now?

Posted by James_Bond > 2023-05-23 12:12 | Report Abuse

Finally going up… haha…

Posted by James_Bond > 2023-05-23 12:13 | Report Abuse

Shortsellers, you r wrong! Haha… serve you right!

Posted by 2Invest > 2023-05-23 12:23 | Report Abuse

James. Just enjoy your holiday. Ignore the rest. 😂

Posted by 2Invest > 2023-05-23 12:25 | Report Abuse

Dear EDwarrior;

No one can answer you if is now at the bottom. Just bear in mind fund allocation is important to all investors.

Posted by EDwarrior > 2023-05-23 13:26 | Report Abuse

Hahah James. I thought your have out all of your hap seng stock

Posted by EDwarrior > 2023-05-23 13:28 | Report Abuse

Dear 2invest,
Just worry if hap seng has another round sell pressure.

Posted by prudentinvestor > 2023-05-23 17:09 | Report Abuse

Wow! Very confident of yourself. Let's wait and see if you are correct.

Posted by James_Bond > 2023-05-24 07:40 | Report Abuse

If another round of shortselling, I will dispose all HapSeng.

Posted by loneranger > 2023-05-24 10:06 | Report Abuse

You better sell before it is too late.

Posted by DestinyL > 2023-05-24 16:27 | Report Abuse

When James_bond buy, you better sell lol

Posted by firehawk > 2023-05-24 16:31 | Report Abuse

Ha Ha！