HONG LEONG INDUSTRIES BHD

KLSE (MYR): HLIND (3301)

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Last Price

14.96

Today's Change

+0.20 (1.36%)

Day's Change

14.60 - 15.00

Trading Volume

90,700


7 people like this.

2,575 comment(s). Last comment by pang72 49 minutes ago

rapidbeginner

1,817 posts

Posted by rapidbeginner > 2014-08-21 09:48 | Report Abuse

still wan to belive in Kenanga???? this Kenanga are tricking ppl to make profit for them self....... now they are only playing them self.... where got outsider buying their CA????

Posted by jasonwong89 > 2014-08-21 09:52 | Report Abuse

Confidence on mother share.Up Up Up!

Posted by SeriousInvestor1945 > 2014-08-21 10:27 | Report Abuse

How high can HL Ind go? I hold since 4+, anyone can advise me when to sell?

michealc

173 posts

Posted by michealc > 2014-08-21 10:39 | Report Abuse

look like will up till rm8...

michealc

173 posts

Posted by michealc > 2014-08-21 13:44 | Report Abuse

hope that kenanga dont make bad reputation through hong leong ca. Please make proper investment! Please......

michealc

173 posts

Posted by michealc > 2014-08-21 13:53 | Report Abuse

vroooommmm........

NKBlog

104 posts

Posted by NKBlog > 2014-08-27 10:53 | Report Abuse

7.36....maybe time to fly.....

Posted by jasonwong89 > 2014-08-28 11:14 | Report Abuse

Powerful!

NKBlog

104 posts

Posted by NKBlog > 2014-08-28 15:08 | Report Abuse

RM8 coming soon!!

HamSubBoy

177 posts

Posted by HamSubBoy > 2014-08-28 22:21 |

Post removed.Why?

pluto88

2 posts

Posted by pluto88 > 2014-08-29 08:01 | Report Abuse

9.00 by end of next month is possible

HamSubBoy

177 posts

Posted by HamSubBoy > 2014-08-29 10:53 |

Post removed.Why?

rc15

186 posts

Posted by rc15 > 2014-08-29 10:55 | Report Abuse

Can buy HLIND-CA or not? Conversion price RM7.20+6CA...

rc15

186 posts

Posted by rc15 > 2014-08-29 10:58 | Report Abuse

If HLIND ca touch RM9.00 next month, then HLIND-CA shall worth around RM0.30 at least...about 40%+ return from current price of RM0.21. If you buy HLIND now at RM7.80, when it touch RM9.00, return is 15% only

HamSubBoy

177 posts

Posted by HamSubBoy > 2014-08-29 12:05 |

Post removed.Why?

HamSubBoy

177 posts

Posted by HamSubBoy > 2014-08-29 12:17 |

Post removed.Why?

HamSubBoy

177 posts

Posted by HamSubBoy > 2014-08-29 12:23 |

Post removed.Why?

HamSubBoy

177 posts

Posted by HamSubBoy > 2014-08-29 14:53 |

Post removed.Why?

NKBlog

104 posts

Posted by NKBlog > 2014-08-29 16:37 | Report Abuse

Someone pushing it down....

rc15

186 posts

Posted by rc15 > 2014-08-29 17:39 | Report Abuse

When its up,its done by somebody....when its down,its done by somebody too.....cannot be act of god....

Posted by SeriousInvestor1945 > 2014-08-29 17:42 | Report Abuse

Down bcos T+3 selling

happyman

168 posts

Posted by happyman > 2014-09-01 15:31 | Report Abuse

the ghost month has passed, maybe people who are crying wolves on this counter will disappear

happyman

168 posts

Posted by happyman > 2014-09-01 15:39 | Report Abuse

during a public talk I asked an issuer of call warrant whether they made money when the underlying share drop n they lose money when the share goes up ....I was told that issuer don't make money betting against their customers they made their money from the spread ...so they have hedged though may not be a 100 % hedge

HamSubBoy

177 posts

Posted by HamSubBoy > 2014-09-04 15:13 |

Post removed.Why?

HamSubBoy

177 posts

Posted by HamSubBoy > 2014-09-04 15:14 |

Post removed.Why?

Posted by captainrpes > 2014-09-05 10:50 | Report Abuse

Can it goes up to RM8.50?

DANIELSKS

222 posts

Posted by DANIELSKS > 2014-09-05 11:16 | Report Abuse

Probably. Most likely within this month.

rc15

186 posts

Posted by rc15 > 2014-09-05 11:37 | Report Abuse

We refer to the announcements dated 11 September 2013, 31 October 2013, 12 December 2013, 29 April 2014, 4 June 2014, 17 June 2014, 18 June 2014 and 4 August 2014 as well as the Circular to Shareholders dated 20 May 2014 (“Circular”) in relation to the Corporate Exercises. Unless otherwise stated, words and phrases used in this announcement shall have the same meanings as defined in the Circular.

On behalf of HLI, HLIB is pleased to announce that the High Court of Malaya had granted an order today confirming the reduction of the share premium reserve of HLI pursuant to Section 64 of the Act for the Proposed Capital Distribution.

The sealed order is in the process of being extracted and an office copy of the order will be lodged with the Registrar of Companies. The book closure date for the Proposed Capital Distribution will be announced in due course.

This announcement is dated 4 September 2014.

Posted by jasonwong89 > 2014-09-05 11:40 | Report Abuse

May I know how much does the HLIND price reduce after we get the free narra shares? Is it reduce by the current market price of the narra?

rc15

186 posts

Posted by rc15 > 2014-09-05 11:41 | Report Abuse

Likely to annouce ex date in Sep for the share distribution of 1.08 Narra shares for every HLIND held. At current prices of both (RM8.03 & Rm4.30), HLIND's ex price will be around RM3.40+...Seems to be a good bargain

NKBlog

104 posts

Posted by NKBlog > 2014-09-08 12:06 | Report Abuse

What is the realistic TP for HLIND? Anyone?

mfaizalm80

456 posts

Posted by mfaizalm80 > 2014-09-08 12:09 | Report Abuse

tp11.77

NKBlog

104 posts

Posted by NKBlog > 2014-09-08 12:14 | Report Abuse

That's high; how did you get the TP?

DANIELSKS

222 posts

Posted by DANIELSKS > 2014-09-08 12:24 | Report Abuse

UOB KayHian has given it a target price of RM7.95 in it's latest report dated 5th September with potential to rise to RM8.34. RHB has previously rated it at RM8.57. I reckoned it can go to RM9.00.

Posted by SeriousInvestor1945 > 2014-09-08 14:32 | Report Abuse

Why Narra no one goreng? Narra half of HLIND now? During consolidated phase, HLIND might go now if Narra stays at current price. I really don't understand

NKBlog

104 posts

Posted by NKBlog > 2014-09-08 15:04 | Report Abuse

HLI going up nicely.....

mfaizalm80

456 posts

Posted by mfaizalm80 > 2014-09-08 15:13 | Report Abuse

accumulate, keep and hold for 1 year

NKBlog

104 posts

Posted by NKBlog > 2014-09-08 15:17 | Report Abuse

Huh, at this price can still accumulate??

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2014-09-08 21:36 | Report Abuse

http://klse.i3investor.com/blogs/rhb/46354.jsp

As we add up the company’s SOP post exercise at MYR6.12 plus 1.08 NARR share at MYR2.27 each, we derive a cum-dividend FV of MYR8.57, which offers an upside potential of 31.8%. The present market value of NARR also suggests there is more upside from our FV, as its last close suggests that HLI could be worth MYR9.49 on a cum-dividend basis at the former’s last close.

Comment:: But now HLIND and NARRA prices are RM8.23 and RM4.50 respectively. The calculation will be 6.12 + 1.08 X 4.50 = RM10.98. Is it possible?

Steven Yong

1,251 posts

Posted by Steven Yong > 2014-09-09 07:12 | Report Abuse

Best investment so far.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2014-09-09 10:52 | Report Abuse

At this moment Narra 4.53 and HLIND 8.19. After book closure, HLIND - Narra = 3.66. Far below RHB expectation of 6.12.

Posted by SeriousInvestor1945 > 2014-09-09 23:56 | Report Abuse

What do you meant by SOP post exercise price 6.12, I thought only 1080 Narra shares for 1000 HLIND shares

HamSubBoy

177 posts

Posted by HamSubBoy > 2014-09-10 07:44 |

Post removed.Why?

Posted by jasonwong89 > 2014-09-10 07:59 | Report Abuse

Waiting for the ex-date. TP > Rm10?

rc15

186 posts

Posted by rc15 > 2014-09-10 09:33 | Report Abuse

Basing on current prices of RM8.11 & Rm4.50 for HLIND & Narra, you are actually paying Rm3.25 for HLIND post distributions of Narra shares...at EPS of ard RM0.50+ and Div of ard RM0.25, HLIND is only trading at PE 6.5 and Div Yield of 7.69%. Boss controls ard 80% of HLIND shares....

rc15

186 posts

Posted by rc15 > 2014-09-10 09:34 | Report Abuse

I would withdraw all my FD (RM10K) to buy HLIND now....

Cowboy

365 posts

Posted by Cowboy > 2014-09-11 11:04 | Report Abuse

What if Narra actual value only rm2??

Cowboy

365 posts

Posted by Cowboy > 2014-09-11 11:44 | Report Abuse

Dont worry, Narra will hit RM 5 soon.

Cowboy

365 posts

Posted by Cowboy > 2014-09-11 11:54 | Report Abuse

Nice to see that KLL is out from the picture.

Cowboy

365 posts

Posted by Cowboy > 2014-09-11 12:14 | Report Abuse

If use PE=15, HLI without cement business worths 8.20, the up side is 1.08 of free Narra share which will stay 4.50 ~ 5.00.
The price target mentioned above is without cement business due to it has not complete a FY yet.

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