Posted by rc15 > 2014-10-15 09:58 | Report Abuse

by all means....

Posted by rc15 > 2014-10-15 10:02 | Report Abuse

I replaced all my Fd with Hlind..will close my eyes for 1 year

Posted by Novice168 > 2014-10-15 10:17 | Report Abuse

EPS for HLI was 54 sens. Has anyone seen report on the projected EPS for the leaner HLI ?

Posted by alabuy88 > 2014-10-15 10:22 | Report Abuse

why drop so sharply?

Posted by DANIELSKS > 2014-10-15 10:35 | Report Abuse

Novice, the eps of 0.54 did not include any contribution from the cement business. There's a slight reduction of RM10M contribution from Hume Concrete which, I've read somewhere, should be off-set by their redemption of higher interest MTN wotj disposal of lower yielding unit trust. So they should be able to maintain eps around that level.

Posted by DANIELSKS > 2014-10-15 10:47 | Report Abuse

Furthermore if you were to read yesterday's Star, UOB KayHian opined that "HLI's earnings are sustainable or could be stronger in FY15-16 after stripping out Hume Cement's ICPS and Hume Concrete". They have also stated that based on the theoretical ex-price of 6.43 HLI offers a decent dividend yield of 4-5% inFY15 to FY17. At the current price of 4.29, the yield would be nearer 6%. So just hold and sit tight.

Posted by Steven Yong > 2014-10-15 11:09 | Report Abuse

Div ard 0.25, calculate see.

Posted by Novice168 > 2014-10-15 11:47 | Report Abuse

Thank you Daniel, you are the best. I respect your comment.

Posted by Novice168 > 2014-10-15 11:53 | Report Abuse

my remisier told me a senior Hong Leong group (not HLI) finance person is buying Narra in the open market. Take it for what it is worth. I was initially afraid the Narra share price will slide from Friday, but now feeling a bit more comfortable that some insider is buying. Will see what will happen this Friday.

Posted by DANIELSKS > 2014-10-15 11:56 | Report Abuse

Thanks and you are most welcome. Can't predict price movement as not competent in TA so have to rely on fundamentals. The fundamentals are strong and I believe that you can't go wrong with Quek's counters. Have been making good money on all his counters. Not worried about this share only the market. Was expecting tremendous gains but unfortunately the exercise was only completed when the market was experiencing a serious downtrend. Hard luck.

Posted by Novice168 > 2014-10-15 11:57 | Report Abuse

HLI PE = 4.51/0.54 = 8.35. Very good for HL group company. Div of 0.25/ 4.51 = 5.54% . Also very good.

Posted by DANIELSKS > 2014-10-15 12:08 | Report Abuse

Current PER at 17 makes Narra the cheapest cement counter around. They are undertaking expansion to double their capacity. Price will likely go down somewhat due to the new shares and pp looking to exit with quick profit. But if you were to look at it objectively there's no reason that it will remain below 4. Those who can hold will be handsomely rewarded. Like I have mentioned earlier the drawback is the weak market and if it collapse, all arguments are redundant.

Posted by Novice168 > 2014-10-15 12:14 | Report Abuse

Thanks Daniel, I have read reports that the current Narra 23sens EPS is based on less than 80% utilisation of their capacity. When suing full capacity, and with expansion Narra EPS is expected to rise.

Posted by Novice168 > 2014-10-15 12:15 | Report Abuse

Correction: When using full capacity, and with expansion Narra EPS is expected to rise.

Posted by Steven Yong > 2014-10-15 14:11 | Report Abuse

Now ends up n9 one want to sell hlind, narra. So price sooner later goes back 7 and 5.

Posted by Duitlai > 2014-10-15 16:24 | Report Abuse

Fair price at around pe 6. collect

Posted by garfield282004 > 2014-10-15 16:58 | Report Abuse

Now KClow make more sense :)
yes, now is time to buy and accumulate HLIND
I'm happy when it fall and below it fair value, good for long term investor

Posted by Steven Yong > 2014-10-15 17:41 | Report Abuse

6% div yield, not bad.

Posted by xenolover > 2014-10-16 10:38 | Report Abuse

if i bought this HLIND at 14/10/2014 do i entitled to get NARRA??

Posted by koyak71 > 2014-10-16 11:43 | Report Abuse

Hlind starts to ride high

Posted by nkblog > 2014-10-16 11:52 | Report Abuse

xenolover, the answer is no.

Posted by Steven Yong > 2014-10-16 11:54 | Report Abuse

0.25div, price RM4, div yield 6.25%

Posted by DANIELSKS > 2014-10-16 11:59 | Report Abuse

Yes, so I don't think it will stay at this level for too long. They should be announcing their Q1 FY15 result sometime in November and also expect them to announce the interim dividend.

Posted by Novice168 > 2014-10-16 12:09 | Report Abuse

Hi xenolover, Please ignore rude people's reply. Some of us are novice and don't know the rules and ask questions. This is what blog is all about; share knowledge. Hlind ex date is 14th October, and therefore buying on that date does NOT entitle to you to Narra shares. At the same time, if you own HLIND and sold it on that day, you are still entitle to Narra shares. Hope this answer your question. The same applies to dividend entitlement as well. God bless all with wealth and knowledge.

Posted by Bonnyt168 > 2014-10-16 12:10 | Report Abuse

What a wonderful trap buy hli free narra !!!

Posted by Novice168 > 2014-10-16 12:18 | Report Abuse

I think someone said HLI AGM tomorrow? Hope they declare good dividend, and can help lift the share price ? Global market down, but will rise again as it has always done. Just a matter of time. Need holding power.

Posted by xenolover > 2014-10-16 12:18 | Report Abuse

Thank you

Posted by Novice168 > 2014-10-16 12:26 | Report Abuse

Welcome xenolover. I am novice and ask many questions, and one day, I can be expert. ha ha. But I shall always help people even if they ask simple questions.

Posted by nkblog > 2014-10-16 13:21 | Report Abuse

Novice168, HLI AGM this afternoon. Narra was this morning and after AGM, the shares came down further....:o((

Posted by Steven Yong > 2014-10-16 14:01 | Report Abuse

A special div will turn everything ard. They have spin off narra for cements and other th8ngs. So special div soon? I bet will. Buy at all ccost.

Posted by DANIELSKS > 2014-10-16 14:12 | Report Abuse

HLI's agm is at 2.30pm today and the agenda is only about recurring party transactions. I believe that the interim dividend for FY15 will only be announced towards the end of next month if we were to go by previous years practices.

Posted by Novice168 > 2014-10-16 14:28 | Report Abuse

Hold until then. For the brave ones, sell and buy back at lower price?

Posted by DANIELSKS > 2014-10-16 14:31 | Report Abuse

I don't think price can go down much further and 4 should be the support barring any further steep fall in the KLCI. At 4, the PER is now only 7.5 and dividend yield 6.25%,

Posted by rc15 > 2014-10-16 17:02 | Report Abuse

Steven Yong, are you idiot or try to mislead others? Their special div is 1.08 Narra shares....

Posted by Novice168 > 2014-10-16 19:44 | Report Abuse

I think Steven is indicating or hoping they will give another special dividend to boost the share price.

Posted by Duitlai > 2014-10-17 09:25 | Report Abuse

CA , still trading with big volume, better stay away

Posted by NKBlog > 2014-10-17 09:28 | Report Abuse

Happy to see both HLI and Narra in green.....phew

Posted by rc15 > 2014-10-17 09:30 | Report Abuse

CA is zero value unless mother can rise above RM6+...

Posted by Duitlai > 2014-10-17 09:55 | Report Abuse

Collect HLI, for safety. CA is out money only for monkeys

Posted by DANIELSKS > 2014-10-17 10:12 | Report Abuse

Am mentioned earlier, I feel that it won't drop below the RM4 level. Am more inclined to believe that when I read from the Bursa announcement on 16th that their top financial officer purchased 25-lots at 4.19 on the 15th.

Posted by ericoconut > 2014-10-17 16:38 | Report Abuse

NARRA $4.00, can see but cannot eat. Not yet credited to CDS. Need to wait for other 8 working days.

Posted by Novice168 > 2014-10-17 17:01 | Report Abuse

You are right Daniel. I respect people who talk facts with fundamental understanding. HLI = 4.00 + 1.08 x Narra 3.98 = 8.30. Many people made money if they bought below 8.30. I am happy already. I sold much of my other shares and bought HL-ind when it dropped to 7.30. Will be happier when the price goes up.

Posted by ericoconut > 2014-10-17 17:07 | Report Abuse

Novice168, 4.20 + (1.08 x 3.98) = 8.50

Posted by Steven Yong > 2014-10-17 17:12 | Report Abuse

hELLO, MANAGEMENT indicates before in AGM, possiblity for special div ok! Once corporate action done, special div come

Posted by NKBlog > 2014-10-17 17:15 | Report Abuse

Not sure Narra share price will hold coz there is not much free float in the market today. Once we get our new Narra shares, there will probably some people eager to cash in.....I think HLI has better chance to hold...

Posted by Novice168 > 2014-10-17 17:23 | Report Abuse

Hi Thanks ericoconut ! I'm more happy now! Steven, special dividend in money or shares?

Posted by Novice168 > 2014-10-17 17:27 | Report Abuse

NKBlog, I was told Narra shares is good to hold, EPS is very good, plus massive expansion project to be completed soon. Similar concrete companies PE ratio is 20x. Sure there may be big sell off by the short time traders, but solid fundamentals means if you can hold, you can profit.

Posted by ericoconut > 2014-10-17 17:31 | Report Abuse

Last time HLIND distributed MPI. Now HLIND distributing NARRA. Who's know in future HLIND distribute YAMAHA(M)?

Posted by DANIELSKS > 2014-10-17 17:35 | Report Abuse

You are absolutely right, Novice. I am looking at disposing some of my HLI shares at higher price and will be holding and perhaps adding more of Narra as it's growth is expected to be higher than HLI which is a mature enterprise. The latest UOB KayHian has given HLI a target price of 4.56 which I believe is a 20% discount on it's SOTP.

Posted by DANIELSKS > 2014-10-17 17:40 | Report Abuse

NK, I believe that Narra will face some selling pressure once the new shares are credited into our a/c cos like you said a lot of ppl will be looking to cash out due to the volatile market conditions. So to sell or not depends on your time horizon.