Posted by Steven Yong > 2014-10-17 17:56 | Report Abuse

Special div just a matter of time. They spin off cements successful.

Posted by DANIELSKS > 2014-10-17 18:08 | Report Abuse

Don't think there will be special dividend. Like rc15 mentioned, the 1.08 Narra is the special dividend. Bear in mind that HLI was around the RM5 region when this exercise was first proposed. It's now 8.50 as computed by ericoconut.

Posted by DANIELSKS > 2014-10-17 18:19 | Report Abuse

However having said the above, I have noticed that HLI still have a share premium reserve of about 152M after the capital distribution. So I guess further goodies are possible though unlikely.

Posted by Cowboy > 2014-10-17 19:45 | Report Abuse

If it is true, will add about 7c to its current EPS 54c = 61c???

Posted by Steven Yong > 2014-10-17 19:48 | Report Abuse

Will only be good lah, quek stocks. Quek quek.

Posted by Cowboy > 2014-10-17 22:03 | Report Abuse

Dated 16/10, still hold 152.9m share. Syabus....

Posted by Cowboy > 2014-10-19 15:50 | Report Abuse

Wrong lah, is rm 152.9 not share.

Posted by Novice168 > 2014-10-19 20:33 | Report Abuse

Dow Jones had more than 1% rise on Friday. HLI and other stocks should rise on Monday too.

Posted by Novice168 > 2014-10-20 14:56 | Report Abuse

Hi, I read report that Narra will double their capacity soon. Does anyone know when or has a link to that report? I read a report that the 0.23 EPS is based on 75% of the current capacity, so the EPS for full capacity should be much higher. I did have the report, but mis-placed it. Appreciate if someone has the link to post it here for everyone's benefit.

Posted by Novice168 > 2014-10-20 22:21 | Report Abuse

S&P 500 is recovering tonight, slowly but recovering. HLI may rise a little more tomorrow.

Posted by ko2004bb > 2014-10-21 23:21 | Report Abuse

Novice 168: What the relationship between S&P500 in US with HLI in Malaysia?

Posted by koyak71 > 2014-10-22 14:07 | Report Abuse

if DJ up...klse also will go up ma...we export a lot to the US.. what happen to US will affect KL also

Posted by Novice168 > 2014-10-22 17:59 | Report Abuse

There is a famous quote " when america sneezes the world catches a cold" ; US market influences the world market. You can correlate the ups and downs of the US markets ie; Dow Jones, S&P and Nasdaq indexes with that of Malaysia's bursa. US market had a sharp fall in October; they call it the "Red October"; and Malaysia market followed with a sharp fall. But now the US market had a sharp rise yesterday, the bursa should follows; so says the theory. But historically the trend is there. Hope this answer your question ko2004bb.

Posted by koyak71 > 2014-10-23 07:18 | Report Abuse

yeah....agree with Novice168

Posted by happyman > 2014-10-23 09:29 | Report Abuse

novice168 , generally what u said may be quite right when US sneezes the world catches a cold ...but there are bouts in history that the world decouple with US or industrial world . When US is pursuing a low interest rate policy it also releases a lot of liquidity to the world .so the world dances according to US s tune, but when US recovers interest rate will gradually rises , then billions n trillions of loans in US dollar for investment in other higher yielding currencies and equities would have to be reverse...this will lead to a possible situation of rising confidence in US n repartraition of money back to USD . meaning uncoupling of emerging investment and investment in US .. are we not that far from this scenario ????? maybe !!!!!

Posted by happyman > 2014-10-23 09:33 | Report Abuse

novice 168 , please do your own read up and research, we love sensible viewpoints

Posted by Novice168 > 2014-10-23 09:35 | Report Abuse

You are right. Happyman. US market is doing well now, and money is flowing back. However, the correlation of the ups and downs of stock market vs bursa is quite evident. As you can see in the recent weeks' pattern.

Posted by DANIELSKS > 2014-10-23 09:48 | Report Abuse

Determining the correlation coeffient of the US market and our Bursa is not an excact science as evidenced by the current hike in the CI as against last night drop in both the Dow and S & P. However short of any noteworthy domestic development our KLSE generally take it's cue from the US market.

Posted by Bruce_Lee > 2014-10-23 10:16 | Report Abuse

Has anyone received their entitled Narra? Is the transaction on Narra done automatically to the accounts or any registration needed?

Posted by DANIELSKS > 2014-10-23 10:22 | Report Abuse

Bruce, no registration is necessary. It will be credited into your account latest by the 28th (within 8 working days from the ex-date).

Posted by happyman > 2014-10-23 11:24 | Report Abuse

HLI went ex on 14/10/14 ,8 trading days means tomorrow 24/10/14 ???

Posted by DANIELSKS > 2014-10-23 11:29 | Report Abuse

You overlooked the Deepavali holiday. Could be tomorrow too as it state "within" 8 working days and not "on".

Posted by master78 > 2014-10-23 11:53 | Report Abuse

EVENING SHOW TODAY.....HLI-CB FOR SHORT TERM

Posted by happyman > 2014-10-23 14:23 | Report Abuse

danielsks, if base on ex 14/10/14 , tomorrow 24/10/14 is the eighth trading day after ex....not 28/10/14

Posted by nkblog > 2014-10-23 14:44 | Report Abuse

Narra shares available tomorrow

Posted by Cowboy > 2014-10-23 14:59 | Report Abuse

Just draw a line from tmrw lowest till the high 2 years later, the value will just increase day by day.

Posted by Novice168 > 2014-10-23 15:05 | Report Abuse

Narra share confirmed available tomorrow: attached the bursa announcement:


NARRA INDUSTRIES BHD
Additional Listing Announcement

1. Details of Corporate Proposal

Types of corporate proposal : Acquisitions
Details of Corporate Proposal : Acquisitions by Narra Industries Berhad
("Narra") of the entire equity interest in Hume Concrete Sdn Bhd (formerly
known as Hume Industries (Malaysia) Sdn Bhd) and the entire 6-year 2%
non-cumulative irredeemable convertible preference shares of RM1.00 each in
Hume Cement Sdn Bhd ("HCement") from Hong Leong Industries Berhad as well as
the entire equity interest in HCement from Hong Leong Manufacturing Group Sdn
Bhd for an aggregate purchase consideration of RM448,000,000 to be satisfied by
the issuance of 448,000,000 new ordinary shares of RM1.00 each in Narra at an
issue price of RM1.00 each
No. of shares issued under this corporate proposal: 448,000,000
Issue price per share ($$) : MYR 1.000
Par Value ($$) : MYR 1.000
Latest issued and paid up share capital after the above corporate proposal
in the following
Units : 479,093,800
Currency : MYR 479,093,800.000
Listing Date : 24/10/2014

Posted by DANIELSKS > 2014-10-23 15:14 | Report Abuse

Happyman, sorry, it's within 8 market days from the entitlement date not ex-date. It has now been announced as tomorrow.

Posted by Cowboy > 2014-10-23 15:21 | Report Abuse

Buy tmrw, the return will be much much better than placing the money elsewhere, e.g. FD, Fund, property.......

Posted by Novice168 > 2014-10-23 15:27 | Report Abuse

Just for fun; any prediction on Narra shares going up or down tomorrow. Please state what reasons you predict that.

Posted by nkblog > 2014-10-23 15:29 | Report Abuse

Novice168, probably down as there will be people eager to sell....

Posted by Novice168 > 2014-10-23 15:29 | Report Abuse

I predict Narra may come down tomorrow; many may want to cash in on the profit. Narra may rise later when more news on how the business is doing; the EPS and expansion status.
Make your prediction; just for fun.

Posted by DANIELSKS > 2014-10-23 15:42 | Report Abuse

My apologies, it's 448M new shares and not 348M as stated by me earlier. Got my figures wrong. Narra will be under tremendous selling pressure but am expecting it to rebound back above 4 once the dust settles. Predict that it might go to as low as 3.50 if CI drops heavily tomorrow.

Posted by Cowboy > 2014-10-23 15:55 | Report Abuse

Just like HLI, let those who want to sell sell first. Go and pick from the bottom.

Posted by Cowboy > 2014-10-23 16:08 | Report Abuse

We have to change to Narra forum from now onward.

Posted by Novice168 > 2014-10-23 16:47 | Report Abuse

Cowboy, there is already a Narra forum

Posted by Novice168 > 2014-10-23 16:48 | Report Abuse

Agree with you Daniel. Will check the US market tonight.

Posted by DANIELSKS > 2014-10-23 16:59 | Report Abuse

Already dropped 22 cents in anticipation of the deluge of new shares tomorrow.

Posted by Novice168 > 2014-10-23 17:38 | Report Abuse

Have a guess the low/high for tomorrow..... 3.70? Just for fun. Or may go up? 4.10?

Posted by Novice168 > 2014-10-23 17:38 | Report Abuse

I think the low may be 3.80 or 3.70.

Posted by master78 > 2014-10-23 18:06 | Report Abuse

future market heading north

http://www.bloomberg.com/markets/

Posted by Novice168 > 2014-10-23 18:27 | Report Abuse

Hi Daniel, check out Inari. Read the reports.You are a good guy, and smart. Inari has good gain potential. Judge for yourself.

Posted by master78 > 2014-10-23 21:39 | Report Abuse

http://finance.yahoo.com/q?s=^gspc

Posted by Novice168 > 2014-10-24 08:25 | Report Abuse

Narra is now in our trading account!!

Posted by dhuwit > 2014-10-24 08:29 | Report Abuse

yes

Posted by master78 > 2014-10-24 12:19 | Report Abuse

HLI going to RM 4.90 by next week

Posted by master78 > 2014-10-24 14:15 | Report Abuse

just grab it if below 4.30 b4 too late ........CA,CB also will follow as well

Posted by koyak71 > 2014-10-24 17:15 | Report Abuse

Master 78...is it possible to reach 4.90...this two day market up HLIND cant sustain their gain.

Posted by Cowboy > 2014-10-26 18:52 | Report Abuse

HLI will eventually reach PE=10 at least.

Posted by koyak71 > 2014-10-29 06:25 | Report Abuse

Master78. ... 4.90 ? Is it possible?