Posted by kingJ > 2019-07-17 11:30 | Report Abuse

It's a rich man's game. In my opinion the majority shareholder is doing their best to keep the price low so that if they decide to make it private they don't have to pay so much. Same as Oriental also.

Posted by Junichiro > 2019-07-17 12:07 | Report Abuse

Fund managers are not interested probably due to its low free float.

Posted by kariwong9394 > 2019-08-05 14:52 | Report Abuse

at this trade war situation , old man stock is a steady stock for keep...

good dividend, and not much fluctuation...

Posted by limkokthye > 2019-08-15 08:29 | Report Abuse

dji drop 800 points, hli also sure follow to die

Posted by sosfinance > 2019-08-15 18:02 | Report Abuse

DJIA dropped 2%, HLI dropped 3.7% to RM10.54, may be a good time to accumulate. Hopeful that more delivery bikes uses Yamaha in the future, be it in Malaysia or Vietnam.

Posted by shpg22 > 2019-08-29 18:39 | Report Abuse

Another superb quarter from HLIND. FCF hit record high.

Posted by x3mg33 > 2019-08-29 19:09 | Report Abuse

Share from an associate company (yamaha VN) has dropped significantly q-o-q. Big question... why

Posted by chamlo > 2019-08-29 21:06 | Report Abuse

Buy high sure lose where got sure win haha.

Posted by chamlo > 2019-08-29 21:08 | Report Abuse

Profit down 25% YOY. Below RM 10?

Posted by kywoo > 2019-08-29 22:58 | Report Abuse

No no no. Don't forget that net profit last quarter in 2018 was boosted by write back from provision in MNI. Adjusting for the write back the EPS of 104 sens for 2019 is in fact higher than the EPS of 2018. The drop in contribution from Vietnam' is more than compensated by the boom in Yamaha sales in Malaysia. EPS has actually improved by 8% for 2019.

Posted by kywoo > 2019-08-29 23:00 | Report Abuse

To me Hong Leong Ind is still a very good buy at current price. PE is only 10 while some shares are trading at over 50.

Posted by shpg22 > 2019-08-29 23:13 | Report Abuse

More important is DY of >4% is almost guaranteed by its strong FCF

Posted by vegebird > 2019-08-30 09:04 | Report Abuse

chamlo dont know how to read report

Posted by shpg22 > 2019-08-30 09:37 | Report Abuse

Learn to read the report. Not just raw net profit figure which can be manipulated or misrepresented.

Posted by kywoo > 2019-08-30 09:49 | Report Abuse

There was a write back of RM 60 million in 2018 for MNI loss provision. Hence, the actual profit for 2018 should read RM 274 million and not RM 334 million. The actual profit in 2019 is 19% increase over that of 2018. The shortfall in Vietnam contribution is more than compensated by substantial increase in Yamaha sales in Malaysia.

Posted by shpg22 > 2019-08-30 10:07 | Report Abuse

Thankx. Well explained. FY19 Revenue, Net Profit & FCF all are at record high.

Posted by kywoo > 2019-08-30 10:18 | Report Abuse

If in near future Yamaha sales in Vietnam picks up again then the profit of Hong Leong Ind will jump to new record high year after year. The prospect is indeed very bright.

Posted by RainT > 2019-08-30 16:07 | Report Abuse

in Vietnam , most people use Honda

Yamaha is less popular

and share of Vietnam Yamaha is just associate only

Posted by RainT > 2019-08-30 16:10 | Report Abuse

only the free cash flows is record high

the sales, profit and cash is not record high

Posted by RainT > 2019-08-30 16:10 | Report Abuse

oh the write back

Then is correct

Posted by shpg22 > 2019-08-30 19:23 | Report Abuse

Not to mention record dividend payout.

Posted by alone4awhile > 2019-09-01 01:48 | Report Abuse

what is MNI loss provision? Why need deduct 60 mil from profit of 2018.

Posted by kywoo > 2019-09-02 05:20 | Report Abuse

MNI is a company doing recycling of old newspapers into usable newsprint. It was not doing well and the company had to be closed down. Since Hong Leong Ind has a 30% investment in the company it has to provide for its share of the total loss for 2017. However some party decided to take over MNI in 2018 and Hong Leong Ind managed to recover RM 60 million from this takeover. Hence in 2018 RM 60 million was written back as extraordinary profit. This resulted in 2018 profit of Hong Leong Ind inflated by RM 60 million.

Posted by shpg22 > 2019-09-03 16:32 | Report Abuse

Dunno which idiots keep dumping the share at lower price. Now DY is near 5%, better than REIT

Posted by sell > 2019-09-04 03:40 | Report Abuse

8.5-9 pls come.

Posted by sell > 2019-09-04 03:41 | Report Abuse

Actual profit inflated so must deduct RM 60 million?

kywoo MNI is a company doing recycling of old newspapers into usable newsprint. It was not doing well and the company had to be closed down. Since Hong Leong Ind has a 30% investment in the company it has to provide for its share of the total loss for 2017. However some party decided to take over MNI in 2018 and Hong Leong Ind managed to recover RM 60 million from this takeover. Hence in 2018 RM 60 million was written back as extraordinary profit. This resulted in 2018 profit of Hong Leong Ind inflated by RM 60 million.
02/09/2019 5:20 AM

Posted by poorkid > 2019-09-04 15:14 | Report Abuse

9 pls come I support govn.

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

owner owns too much of this company and low liquidity. no fund manager wants to look at it that's why the pe is so low. i have to admit that this company should be priced higher

Posted by shpg22 > 2019-09-05 11:26 | Report Abuse

If fund manager in, easily 2-3x the price. Look at NESTLE, QL, DIALOG. Overly inflated. Result below par compare with HLIND.

Posted by Godevil > 2019-09-06 15:19 | Report Abuse

Don't get it why ppl throwing this gem, current yield 4.85% and potential to increase as its holding so much cash. Shake head.

Posted by cheechia_g > 2019-09-06 15:44 | Report Abuse

Yamaha M coming sale Yoy increase about 24%. Qoq increase 11%. Hlym also invest to bulit other assembly line to push up quantity. push up quantity

Posted by RainT > 2019-09-06 16:34 | Report Abuse

seem now on down trend

prepare to collect more

Posted by yklip > 2019-09-06 16:38 | Report Abuse

ppl throwing then it's good time to accumulate. if you know your stuff well then you dont have to worry why ppl is throwing

Posted by sosfinance > 2019-09-06 22:10 | Report Abuse

Market Cap is about RM3.3b less RM1.0b, net cash is RM2.3b. Net profit average is RM350m to RM400, PE is about 7x, with likely special dividend in the future, DY will exceed 4.7% p.a. and also good upside from PE (net cash of 7x). Not the best defensive stocks, but one of the best.

Posted by freddiehero > 2019-09-06 22:39 | Report Abuse

wan lau.. tsunami

Posted by sosfinance > 2019-09-12 08:07 | Report Abuse

Yamaha Malaysia is doing well, while Yamaha Vietnam sales dropped about 20% 1H19, waiting for next few months to see if its two new models will take off.

Posted by RainT > 2019-09-16 14:24 | Report Abuse

In Vietnam , Yamaha is not the popular brand, HONDA more popular

and Yamaha VN is just associate company of HLIND only , if any profit also a fraction only

Posted by stockraider > 2019-09-16 14:26 | Report Abuse

Even honda more popular than yamaha here in msia loh....!!

Posted by RainT > Sep 16, 2019 2:24 PM | Report Abuse

In Vietnam , Yamaha is not the popular brand, HONDA more popular

and Yamaha VN is just associate company of HLIND only , if any profit also a fraction only

Posted by Guilefighter > 2019-09-16 15:11 | Report Abuse

do you have any data to support that honda more popular in malaysia?

Posted by Guilefighter > 2019-09-16 15:14 | Report Abuse

from what i see from hlind quarter report, yamaha sales malaysia increased, meaning overtake others share market

Posted by freddiehero > 2019-09-16 22:37 | Report Abuse

wan lau.. join into hospital market ya.

Posted by freddiehero > 2019-09-16 22:37 | Report Abuse

weldone..

Posted by sosfinance > 2019-09-17 00:59 | Report Abuse

For Info only:
Malaysia. Yamaha is leader in a market grown 20% in the first half of 2019 (based on motor cycle data) In fact, in the first half 2019, Yamaha has sold 92.693 units (+8.3%) with 36% of market share, while in second place Honda sold 79.800 two-wheelers (+24%).

Vietnam, many already know Honda is the leader, but Yamaha is the main challenger. Vietnam market is huge, about 1.5 million for first half of 2019. There is room for Yamaha to grow, thanks to the pie is growing. Sales goes up and down, sometime depends timing of new models and acceptance. Honda may dominate now, that does not mean it will dominate forever.

Posted by 4444 > 2019-09-17 14:46 | Report Abuse

Agree. Economy not good why must change motorbike? Continue use old 1 ma.

Posted by stockraider > Sep 16, 2019 2:26 PM | Report Abuse

Even honda more popular than yamaha here in msia loh....!!
Posted by RainT > Sep 16, 2019 2:24 PM | Report Abuse
In Vietnam , Yamaha is not the popular brand, HONDA more popular
and Yamaha VN is just associate company of HLIND only , if any profit also a fraction only

Posted by RainT > 2019-09-19 11:06 | Report Abuse

@freddiehero

the hospital biz is under his persoanl ya

not relate with HLIND at all

Posted by bankrupt > 2019-09-20 12:45 | Report Abuse

Govn bankrupt where got $ to change motorbike? Sell before get worse.

Posted by cheechia_g > 2019-09-20 18:23 | Report Abuse

Economy not good, people will sell car to and motorcycle.

Posted by RainT > 2019-09-23 14:45 | Report Abuse

Economy bad ,people no money buy car

so will buy motorbike instead

Posted by Fabien "The Efficient Capital Allocater" > 2019-09-24 22:17 | Report Abuse

the more i read on the prospect of Vietnam economy, im really impressed.

it's one of the fastest-growing economy in the world, growing above 7-10% in the next decade

looking to buy some stocks with exposure to the Vietnam economy, HLIND is one good proxy

Posted by SilverHawk > 2019-10-01 16:23 | Report Abuse

Something is brewing ,。。。 Next QR 85M profit @_@