Posted by Icon8888 > 2019-04-01 22:47 | Report Abuse

Dumb dumb hold

Proxy to Vietnam GDP growth

Posted by Fabien Extraordinaire > 2019-04-03 10:22 | Report Abuse

2018 FCF is 452mil. Market cap is around 3.14billion. Its FCF yield is 14%.

2018 FCF grew by 24% from RM344mil. Average 5 year FCF is 281mil and average growth rate is 18%.

By holding this stock, you should make a return of 30% per year (14% + 18%).

This company has good FCF yield and growth. Its intrinsic value is growing at least 20% (conservatively) every year.

Posted by Fabien Extraordinaire > 2019-04-03 14:02 | Report Abuse

Price over 5 year average FCF is around 11x.

It's a reasonable assumption to pay at least 15x multiple for such company with healthy FCF growth. Hence, you are easily looking at FV around RM13-14.

Posted by Lioncity > 2019-04-09 16:02 | Report Abuse

Great to see hlind break the 10 resistance and is ready to move up.

Posted by RainT > 2019-04-11 09:58 | Report Abuse

u have insider info ? this coming qtr result going to be good ??/

Posted by RainT > 2019-04-11 10:13 | Report Abuse

don't forget in Vietnam

YAMAHA is not the market leader of motorbike, HONDA is the market leader

plus the Vietnam company that HLIND is involve is only 24% shareholdings only (just an associate company only )

so how good VN market is, HLIND just get little benefit only due to YAMAHA is not the market leader & shareholding on YAMAHA vietnam is only 24% only

correct me, if i am wrong

Posted by kingJ > 2019-04-11 13:33 | Report Abuse

Proton was once the market leader in Malaysia. Does the shareholders profit from it?

Posted by Lioncity > 2019-04-11 21:55 | Report Abuse

Despite poor market sentiment, hlind continues to go up.

Posted by Kensington > 2019-04-12 09:33 | Report Abuse

The share price had decisively breached RM10 last Tuesday i.e. about 2 weeks ahead of its 3rd qtr announcement of results and interim dividend.

Posted by kingJ > 2019-04-12 13:21 | Report Abuse

Hopefully big big dividend. In 2011 and 2014 they gave MPI and Narra shares. Can someone here enlighten us how much was those shares worth at that time. Are those public listed? Did the shareholders made a lot?

Posted by dnlt > 2019-04-12 14:15 | Report Abuse

If HLIND distribute more dividends to bring down the cash levels, then it will be syariah complaint again. (◔_◔)

Posted by Fabien Extraordinaire > 2019-04-12 14:37 | Report Abuse

Management intends to get back into the syariah compliant list by next review on May 19.

Posted by Guilefighter > 2019-04-17 17:28 | Report Abuse

market drop , yamaha up. what if maket up, yamaha.....

Posted by RainT > 2019-04-18 09:20 | Report Abuse

drop 2% today?

insider selling ahead pf quarter result announcement?
they know that qtr result going to be bad?

as this few days uptrend, today drop 2%

Posted by dnlt > 2019-04-18 11:30 | Report Abuse

Hello Fabien,

Please give me a link to read this. Thanks.
--------------------------------------

Posted by Fabien Extraordinaire > Apr 12, 2019 2:37 PM | Report Abuse
Management intends to get back into the syariah compliant list by next review on May 19.

Posted by Fabien Extraordinaire > 2019-04-18 11:39 | Report Abuse

Its in The Edge Daily some time ago, published report from UOB KayHian

Posted by dnlt > 2019-04-18 13:21 | Report Abuse

Thanks. I found it online.

https://www.theedgemarkets.com/article/yamaha-expected-remain-hlis-main-earnings-driver

Posted by Guilefighter > 2019-04-18 17:11 | Report Abuse

another 3 working days to go, hopefully good qr and dividend. tq guys

Posted by Lioncity > 2019-04-18 17:29 | Report Abuse

Beautiful closing. Good job Hlind!

Posted by Jay Man > 2019-04-19 10:44 | Report Abuse

some people dump sell again, time to collect

Posted by Lioncity > 2019-04-22 15:42 | Report Abuse

You guys anticipated how much dividend this round? I’d say 35 sens. Anything more or special dividend will be a bonus.

Posted by Guilefighter > 2019-04-22 16:09 | Report Abuse

min 35 cents. the rest depend on de gong bo bi

Posted by x3mg33 > 2019-04-22 16:51 | Report Abuse

Confirm 50 Sen full year result (15+35) FY 2019. Rest is bonus as u say

Posted by x3mg33 > 2019-04-22 17:29 | Report Abuse

If 0.75 sen, confirm share price rocket 14 lo based on DY 5.5%

Posted by RainT > 2019-04-29 16:49 | Report Abuse

why qtr result so late this time

already 29 April still not yet announce

Posted by x3mg33 > 2019-04-29 19:27 | Report Abuse

They deciding on the size of the dividend......just hang on and yr patience will be generously rewarded

Posted by Lioncity > 2019-04-29 19:29 | Report Abuse

Lol kinda worrying too. The longer it drags. Hmmm.

Posted by YAPSS > 2019-04-29 19:53 | Report Abuse

Day 57 of Fundamental Daily, YAPSS will be covering Hong Leong Industries Berhad's fundamental via a short animated video. I hope it helps and please enjoy the video, see ya! #YAPSS #FundamentalDaily #HongLeongIndustriesBerhad

Click the on the link to find out more: https://youtu.be/m4GEz8HVkhk

Posted by Lioncity > 2019-04-29 20:30 | Report Abuse

Haha A+ company, I like that. Thank you for the effort @YAPSS.

Posted by RainT > 2019-05-01 22:50 | Report Abuse

The last time Q3 result is announce in May is year 2010

after that always announce early every year from year 2011 to year 2018

now for year 2019 , break record again , announce Q3 at May 2019 .....

I see they always release earlier ahead of due date of 31 May , this round late wo....

got surprise ????.......

Posted by Lioncity > 2019-05-02 11:36 | Report Abuse

The same 25,000 shares queue to buy. Same as Tuesday.

Posted by Fabien Extraordinaire > 2019-05-02 17:35 | Report Abuse

RM11 soon by month end? after quarter results

Posted by kywoo > 2019-05-03 22:16 | Report Abuse

Based on all my 40 years of investment experience I can safely say that Hong Leong Ind is about the best buy in the market based of its financials and business outlook. Trading at a PE of 10 at current market price is ridiculous when the new IPOs are offering at a PE of 15. I can't find any medium size listed company in Bursa with a cash pile of 1 billion ringgit. This is about 46% of its total balance sheet asset. Can you beat that.

Posted by Lioncity > 2019-05-05 20:17 | Report Abuse

Undiscovered gem by analysts house.

Posted by Musangkingfarmer > 2019-05-07 11:55 | Report Abuse

Quarter report delayed. I think the management needs time to solve the problem of how to reduce cash pile to make the company shariah-compliant.

Posted by x3mg33 > 2019-05-07 19:44 | Report Abuse

It was mentioned by an analyst report through discussion with management earlier this year of HLIND returning to be syariah compliant. Accordingly there are only 2 reviews yearly for such revaluation of syariah compliant, May and November. As such, I see this as a valid point that HLIND management may be delaying results or time in accordingly to be syariah compliant. I’m not versed on syariah compliant guidelines, one can Google this on bursa listing guidelines, but dividends distribution is one way make it compliant!

Posted by Lioncity > 2019-05-07 20:10 | Report Abuse

I just wrote an enquiry to HIL asking about the date of Q3 report, let’s see if they will reply. Lol doing something while waiting.

Posted by Musangkingfarmer > 2019-05-08 00:31 | Report Abuse

To be shariah compliant, cash must be less than 33.33% of total assets. As of the second quarter of fiscal 2019, hlind’s cash-total assets ratio stood at 45.6% (cash 989m, assets 2169m). The company have to reduce 399 million ringgits(RM1.27 per share) cash in order to be shariah compliant.
(989-399)/(2169-399)=0.3333
I am not accountant, please point it out if my calculation is wrong.

Posted by RainT > 2019-05-08 14:22 | Report Abuse

wah very good oh

see constructive and informative comment in here

Posted by RainT > 2019-05-08 14:25 | Report Abuse

so either HLIND give out more dividend for us lo

good ma, win win situation , can get Shariah compliant back again

other way is HLIND increase the total assets , maybe use the cash to buy land, fixed assets and property , then the cash balance will reduce lo
this also not bad idea

should be the CFO of HLIND headache now and on the way to settle this issue as the Shariah review is on May , so the quarter result delay to May

Posted by RainT > 2019-05-08 14:26 | Report Abuse

buy fixed assets cash balance reduce and total assets go up , then can shariah compliant again (good for future expansion of company)

Posted by dnlt > 2019-05-08 18:28 | Report Abuse

musangkingfarmer, you didn't add the cash generated for the q3.

Posted by Musangkingfarmer > 2019-05-09 09:34 | Report Abuse

dnlt, q3 result still not yet come out, how to calculate?

Posted by dnlt > 2019-05-09 10:54 | Report Abuse

They are flushed with cash. In half year they added a cool 120m.
If they reduce to exactly 35%, then they might lost it again on the next review.
So far we are just speculating on this special dividend.
Company can propose to buy something to use up the cash.
They can just ignore this shariah thing and continue to hold the cash. We can then go to the AGM and make some noise.
Enterprise Value / EBITA only at 6.85 . Good and cheap ;)

Posted by dnlt > 2019-05-09 12:16 | Report Abuse

Or place the money into Islamic accounts, that would be shariah shariah compliance too. Maybe a combinations of all.

Posted by Musangkingfarmer > 2019-05-09 13:14 | Report Abuse

Transfer money to Hong Leong Islamic Bank is the worst case scenario, that is selfish(good for major shareholder only) and wasting investor's investment opportunities. I hope they give special dividend or expand/diversify the business, as a banker they should know lots of investment opportunities.

Posted by shpg22 > 2019-05-15 22:33 | Report Abuse

Maintained fair price at 12.50. More surprise to come

Posted by MATB > 2019-05-16 11:47 | Report Abuse

依玲年华渐老去，依依犹抱琵琶半遮脸。

Posted by Lioncity > 2019-05-16 12:28 | Report Abuse

Price slowly climbing up, slow & steady. I see this as a positive note.

Posted by Lioncity > 2019-05-16 17:02 | Report Abuse

Haha! 给个特别股息RM1.08吧～