Koyak, not just possible but quite likely. With an eps of 0.54 it's just a matter of time and if past history is anything to go by, HLI is expected to announce an interim dividend (probably 10 cents) late next month which should give the price a boost.
HLI is now a sensible dividend yield company , other than that there is nothing to shout about , motor cycle and tiles business are not high growth business.....
Humeind s capacty expansion ...we are looking at 2016 at least , still 2 over years before they can come on stream ...are we getting over excited too early ?
i think HLI went up or could go up its bcos Nov month they always declare dividend . n if they declare as per last year then we are looking at yield of 5%-6% which is very good in the current environment of 3% FD
I doubt Quek leng chan would want to privatise motor cycle n tile business. these are not high growth buz..I wouldn't.....unless there is some kind super under value , super big piece of land ...but again I doubt there is ....
Novice, what you heard is probably correct. We converted HLI at 4.31 to Hume at 3.51 on 24/10 and HLI price is now 4.77 (+10%) vs Hume 4.25 (+20%). HLI is a good stock with decent dividend yield and the expected dividend announcement in the later part of this month will probably give the price a boost. However for those with longer investment horizon, Hume will become the most exciting cement play once the capacity expansion comes on stream by 2H 2016. In the near term though, it will have limited upside as it is already trading at 20x PE akin to it's peers in the industry. Having said that I am still expecting it to break 4.50 soon.
Novice, I don't really like to offer any stock picks as I believe that everyone should do some homework and make their own decision as at the end of the day it's their hard earned money they are parting with. However I will offer my opinion and my take on stocks that I am familiar with. I was invested in HLI since the beginning of the year. The major component of my portfolio are in stocks like DIGI (2009) and Maybank (2008). I also held LPI (2007), Sime (2007), Panasonic (2007) and Maxis (2008)which I have sold this year. Most of these stocks have pretty decent dividend yield which I normally plough back into the counter. Some of them have given me returns of more than 200%. If you have time on your side and the patience to go with it, such a strategy can be very rewarding. I do also dabble in speculative counters for some fast gains.
Thanks Daniel. I shall do research on these. I spend average 3-5 hours a day research on Malaysian, Singapore and Australian markets. I am a Novice but eager to learn. Recently semi retired, so plenty of time. I use Bloomberg, Businessweek, etc as well to double check fundamentals.
Wow! Novice, you are probably more knowledgeable than me with all the time you spend on your research. You should be extremely competent in your macro over-view. I only have a cursory interest in that area and am more focused on local development. No, I don't blog much. cskek81, everyone has their own investment strategy and there's no one-size fits all. But generally if you can identify a stock with good consistent dividend yield and in an industry with steady growth and if you chose to re-invest your dividend back into the stock, the multiplier effect is pretty significant over a period of a few years. I am in front of my computer most of the time so it's easier for me to monitor my shares.
stockcrazy, if deduct this 12 millions, looks like their profit is not improving also. but with more dividend announced compared to previous year, Still good for long term. =)
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Posted by DANIELSKS > 2014-10-30 10:01 | Report Abuse
Koyak, not just possible but quite likely. With an eps of 0.54 it's just a matter of time and if past history is anything to go by, HLI is expected to announce an interim dividend (probably 10 cents) late next month which should give the price a boost.