Posted by kywoo > 2019-05-17 10:11 | Report Abuse

If Leong Hup can command a PE of 15 in its IPO then the minimum price of Hong Leong Ind should be 15.00. I don't understand why it is trading at 10.80 now. Very interesting when some listed company is trading at PE of over 50. This is why we can make good money in long term investment as market is so imperfect in the short run.

Posted by Fabien Extraordinaire > 2019-05-17 12:02 | Report Abuse

slow and steady

Posted by RainT > 2019-05-24 12:27 | Report Abuse

market is build up of a bunch of different people, with different mindset

so of course when the share investment decision is make, will have different

also the market is inefficient due to information symmetry , certain party gain access to certain information more than another party

but many like to say in longer term, the market tend to reflect the actual value
for some companies , yes it is true, but for some others companies, it is not true also

so a company share price is always full with uncertainty as we don't know which direction it will be heading next ,

Posted by RainT > 2019-05-24 12:29 | Report Abuse

feel that what we can do is understand more on the invested companies and make your own judgment

but at the same time also, we cannot take too much risk by invest in a stock

try go in by stages and spread on different timing

Posted by Lioncity > 2019-05-25 19:41 | Report Abuse

So anticipating more companies qtr report rolling out next 5 trading day, we can expect Hlind Q3 report, can we?

Posted by x3mg33 > 2019-05-28 10:24 | Report Abuse

Results should be out today

Posted by 4646 > 2019-05-28 10:57 | Report Abuse

what happen to this share?

Posted by kingJ > 2019-05-28 10:59 | Report Abuse

Cash and bank balance should be around 1b. If 500 million is used to pay dividend then its rm1.50 per share.

Posted by x3mg33 > 2019-05-28 14:18 | Report Abuse

One can only dream of good dividends but fat hopes with QLC list of companies unfortunately. Don’t set yr hopes high although 1.50/share is quite nice a figure

Posted by kingJ > 2019-05-28 15:28 | Report Abuse

I don't see any good reason to keep the money in the bank la

Posted by Lioncity > 2019-05-28 18:47 | Report Abuse

Hong Leong Asia in Singapore is privatising Tasek cement. Will it happen on Hong Leong Industry too?

Posted by Lioncity > 2019-05-28 18:57 | Report Abuse

Qtr report is out guys!

Posted by alphaqueen > 2019-05-28 19:00 | Report Abuse

proved to be a good company! really not like other stupid company in bursa!!

Posted by shpg22 > 2019-05-28 19:06 | Report Abuse

Result within expectation. Dividend payout raised to 50 cents annually. Maintained fair price at 12.50 translated to a DY of 4.0%

Posted by Lioncity > 2019-05-28 19:08 | Report Abuse

35 sen dividend as predicted
Anyone is disappointing here haha
The cash pile is making me jaw drop & saliva drip, too bad can see cannot touch lol

Posted by shpg22 > 2019-05-28 19:54 | Report Abuse

This stock for long term investor not for poacher. Gradually dividend increase over time is guaranteed regardless of result.

Posted by Fabien Extraordinaire > 2019-05-28 20:10 | Report Abuse

ok la, not bad. dividend grew by 6% more than previous year growth (4%).

slowly but surely. just look at its cash flows...

Posted by RainT > 2019-05-29 08:16 | Report Abuse

other company release result late is due to bad result

but HLIND delay result announcement is due to excellent result

Bravo HLIND!

Posted by RainT > 2019-05-29 08:26 | Report Abuse

the cash balance since from 1 year ago have been growing 50% to RM1 billion now

this is impressive

Posted by Musangkingfarmer > 2019-05-29 08:44 | Report Abuse

Very good result! Profit break record again(4Q18 quarter was caused by write back of impairment)

Posted by siaoliao > 2019-05-29 09:03 | Report Abuse

gg better sell off.........dow drop.......another panic wave

Posted by specman > 2019-05-29 09:14 | Report Abuse

superb performance, this is back to back quarter where its net profit broke new high.

Posted by Fabien Extraordinaire > 2019-05-29 09:51 | Report Abuse

net cash is 30% of market cap

RainT the cash balance since from 1 year ago have been growing 50% to RM1 billion now

this is impressive
29/05/2019 8:26 AM

Posted by alphaqueen > 2019-05-29 09:52 | Report Abuse

accumulate this great company.

Posted by Fabien Extraordinaire > 2019-05-29 10:28 | Report Abuse

probably it will be good with some publicity. if any gentleman analyst care to initiate coverage, this company will explode... HLIND deserves a better valuation multiple

Posted by Fabien Extraordinaire > 2019-05-29 15:07 | Report Abuse

a little more than 2 weeks time we will entitled for 35sen dividend

Posted by Holyman > 2019-05-29 15:11 | Report Abuse

Best seling motorbike y15zr aka ysuku.

Posted by alphaqueen > 2019-05-29 16:11 | Report Abuse

I wonder why there is such a huge selling block..... this is not the counter of buy on rumour sell on news...Please....stay away from the genuine investing here...and if you are manipulating, please let it drop until all time low...8.50

Posted by kingJ > 2019-05-31 11:27 | Report Abuse

https://www.thestar.com.my/business/business-news/2019/05/30/airasia-announces-special-dividend-of-90-sen-a-share/

Posted by kingJ > 2019-05-31 11:27 | Report Abuse

HLIND SHOULD ALSO

Posted by RainT > 2019-05-31 14:17 | Report Abuse

HLIND kiamsiap

we only can see the huge cash pile but cannot touch it

company director wants all our saliva flow out see the huge cash pile

Posted by RainT > 2019-05-31 14:18 | Report Abuse

good quarter result

share price still not movement ...lol

Posted by kingJ > 2019-05-31 15:57 | Report Abuse

Hogging on so much cash is bad for the economy

Posted by sosfinance > 2019-06-02 13:50 | Report Abuse

Domestic consumer products and margin growth better than expected despite slow down of associate (Vietnam). Dividend 25 sen (ordinary) and 10 sen (special) is also within expectation as the cash balance has grown to RM1.08b, with a market cap of only RM3.3b based on price of RM10.78 per share. Deserve better valuation. Time will tell.

Posted by Fabien Extraordinaire > 2019-06-03 15:27 | Report Abuse

this company generates healthy ROE (>20%) and ROIC (>60%), creating value for the shareholders. i will hold tightly to my shares.

Posted by RainT > 2019-06-06 12:54 | Report Abuse

if HLIND can pay dividend as generous as AIRASIA , how good

HLIND have huge cash pile

Posted by stockraider > 2019-06-06 13:23 | Report Abuse

HLI is a fine long term stock raider is holding for a long term time loh.....!!

Recently the growth exploded loh...!!

Good reasonable div mah.....!!

Posted by sosfinance > Jun 2, 2019 1:50 PM | Report Abuse

Domestic consumer products and margin growth better than expected despite slow down of associate (Vietnam). Dividend 25 sen (ordinary) and 10 sen (special) is also within expectation as the cash balance has grown to RM1.08b, with a market cap of only RM3.3b based on price of RM10.78 per share. Deserve better valuation. Time will tell.


Fabien "The Efficient Capital Allocater"
1078 posts
Posted by Fabien "The Efficient Capital Allocater" > Jun 3, 2019 3:27 PM | Report Abuse

this company generates healthy ROE (>20%) and ROIC (>60%), creating value for the shareholders. i will hold tightly to my shares.


RainT
3056 posts
Posted by RainT > Jun 6, 2019 12:54 PM | Report Abuse

if HLIND can pay dividend as generous as AIRASIA , how good

HLIND have huge cash pile

Posted by Fabien "The Efficient Capital Allocater" > 2019-06-10 17:46 | Report Abuse

their dividend payout has been increasing anyway. ROE is very high so management is doing the right thing well.

RainT if HLIND can pay dividend as generous as AIRASIA , how good

HLIND have huge cash pile
06/06/2019 12:54 PM

Posted by sosfinance > 2019-06-11 09:25 | Report Abuse

HLI net cash flow is about RM300m p.a., this year, payout dividend is about RM110m (25bsen ordinary, 10 sen special), after payout, still has RM970m. At today's valuation, RM3.4b, net of cash market cap is only RM2.4b, and 30 June 2019 profit estimates of RM350m, PE of 6.85X, I believe HLI deserve better valuation. Hopefully more institutional investors notice it.

Posted by kingJ > 2019-06-11 11:34 | Report Abuse

Institutional investors should be already buying, but very slowly because they want to buy cheap.Dividend should be rising every year because they have so much cash, good profit every year, good demand for products for years to come.

Posted by RainT > 2019-06-11 12:06 | Report Abuse

@kingj

all I agree as you write lo

just the demand part I am worry and not so agree

in Vietnam the motorbike demand is so big and everyone also ride motorbike
but HLIND exposure to Vietnam is just a associate company only (so the share profit is lower)
plus with in Vietnam, the main market share is control by HONDA, and Yamaha come at 2nd or 3rd only


in Msia , most people will want to buy car than motorbike, so the demand for motorbike in Msia is not that good. if I not mistaken, YAMAHA is market leader of motorbike in msia but the market is small and lesser demand. Many Malaysian will prefer to own affordable car such as Proton or Perodua, rather than buy motorbike

Posted by RainT > 2019-06-11 12:07 | Report Abuse

so in Vietnam

high demand , but HLIND market share is small only

in Msia
market share is big ,but the demand is small only

Posted by RainT > 2019-06-11 12:07 | Report Abuse

hope what I interpret is wrong la

haha

I also hope my investment in HLIND will be fruitful

Posted by kingJ > 2019-06-11 12:46 | Report Abuse

Rain T, the demand for motorbikes in Vietnam is very huge. When total demand increases, logically sales of Yamaha bikes will also increase. Percentage of total bikes sold in Vietnam is not the most important, its the sales volume of Yamaha bikes is more important. Profit of a company's does not take into account of how much the competitors sells.

Posted by Fabien "The Efficient Capital Allocater" > 2019-06-11 15:03 | Report Abuse

Vietnam's economy is growing at a fast pace, 6-7% annual growth..very soon its economy will overtake Singapore.

Even maintaining current market share, HLIND will still able to grow its sales (in absolute terms) in line with the growing economy.

Posted by Fabien "The Efficient Capital Allocater" > 2019-06-11 15:07 | Report Abuse

Using Ben Graham PE method. conservatively, assuming HLIND earnings to grow in line with the economy, sustainable rate of 3-4% annually, implied PER should be at least 15x. with EPS at least RM1, do the math...

Posted by kingJ > 2019-06-11 19:11 | Report Abuse

Fabian, I don't know how to calculate lah, so what is the answer?

Posted by stockraider > 2019-06-11 19:24 | Report Abuse

Pe 15x is too conservative loh....should be Pe 25x at least in line with 50% of NESTLE & QL Pe of more than 50x mah....!!

Posted by Fabien "The Efficient Capital Allocater" > Jun 11, 2019 3:07 PM | Report Abuse

Using Ben Graham PE method. conservatively, assuming HLIND earnings to grow in line with the economy, sustainable rate of 3-4% annually, implied PER should be at least 15x. with EPS at least RM1, do the math...

Posted by kingJ > 2019-06-11 20:40 | Report Abuse

Possibility of 15x is very realistic in the near future laaaaa.

Posted by kingJ > 2019-06-13 08:28 | Report Abuse

Anyone here knows if make this company private will follow what price?