Posted by lance69 > 2013-05-13 09:49 | Report Abuse

Is quite clear that Kenanga's analyst sux to the max or they have a grudge with this comp. The price is 1.93 now, didn't see that train coming right?

Posted by impartiality > 2013-05-14 22:39 | Report Abuse

well this company had been dethroned as the biggest penang based developer by market cap after a few years if not longer. Tambun held that title since yesterday

Posted by messi > 2013-05-16 22:40 | Report Abuse

Anyone knows why this stock is moving up ? Any impending news ?

Posted by messi > 2013-05-17 00:13 | Report Abuse

any sifu can comment on this stock? Seem like no one interestd in this stock.

Posted by messi > 2013-05-17 12:29 | Report Abuse

funny, no one seems interested in this stock but it has been rising 10, 20sen per day for the last few days.

Posted by messi > 2013-05-17 12:56 | Report Abuse

Come join the bandwagon. Impressive Qtrly result coming out soon. Futhermore, Gurney Paragon is contributing positively to the group's profit.

http://www.hunzagroup.com/news_2013.htm

Posted by member41 > 2013-05-17 13:47 | Report Abuse

Did Hunza win back the title of market cap leader from Tambun?

Posted by Alias258 > 2013-05-17 13:54 | Report Abuse

money come, ikut.

Posted by messi > 2013-05-17 15:01 | Report Abuse

Hunza mkt cap > Tambun
453m > 390m

"We are looking at a tentative date of July 23 for the opening of the Gurney Paragon mall," he added.

http://www.iproperty.com.my/news/tag/hunza-properties-bhd/340

Posted by iafx > 2013-05-17 15:38 | Report Abuse

great! any landed properties in penang will shoot, hopefully our pg friends income can catch up with the price :D :D :D

Posted by messi > 2013-05-17 16:00 | Report Abuse

One of the Star performer of the day. Top 10 gainer. What's up, Hunza???

Posted by iafx > 2013-05-17 16:01 | Report Abuse

properties counters rock!

Posted by messi > 2013-05-17 16:12 | Report Abuse

yes, property sector being goreng. what is next?

Posted by messi > 2013-05-17 16:27 | Report Abuse

Penang lang, please invest in & support Hunza properties which own Gurney Paragon Mall.

Posted by kcfan > 2013-05-17 20:55 | Report Abuse

汇华产业母子全日齐涨逾20仙
财经股市16 May 2013 23:04
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转寄 列印 字体:
　（吉隆坡16日讯）汇华产业（HUNZPTY，5018，主要板房产）旗下投资房地产总值超过40亿令吉，获券商看好为一家资产充裕公司，母股凭单今日涨势凌人，齐齐跻入今日十大上升股榜。

　今早汇华产业扬5仙迎市，挂1.95令吉，过后走势如建高楼般步步走高，休市时涨幅扩大至18仙，挂2.08令吉；午盘该股持续攀升，盘中一度走高至2.11令吉水平，闭市时涨20仙，挂2.10令吉，成交量97万3400股。

　该股凭单汇华产业-WB（HUNZPTY-WB， 5018WB，主要板凭单）表现亦不遑多让，开市扬3仙，挂88仙，休市时涨幅扩大至17仙，挂1.02令吉；午盘该股一度走高至1.09令吉，闭市时起23仙，挂1.08令​​吉，成交量112万1600股。

　安联证券研究分析师在报告中指出，随着新关仔角百丽宫广场（Gurney Paragon）今年中正式竣工，汇华产业收入及净资产值将大获提升。

　“目前该公司旗下投资房地产总值超过40亿令吉，预计未来可变身成为一家资产充裕的公司，若以此计算，目前股价较现有6.55令吉的每股重估净资产值（RNAV）折价71 %，已遭低估。”

　安联证券研究建议有意长期投资者买进汇华产业，目标价2.62令吉。

Posted by feifun > 2013-05-17 23:28 | Report Abuse

rise too fast, almost reach TP 2.62.

Posted by messi > 2013-05-18 13:03 | Report Abuse

The research house said that it estimated annualised net earnings contribution of RM29.3 million or 15.2 sen per share from Gurney Paragon Mall, equivalent to 90% of FY12 core earnings of RM32.6 million.

http://fz.com/content/hot-stock-hunza-properties-rises-667-bright-prospect

Posted by messi > 2013-05-18 20:55 | Report Abuse

Buy buy buy Penang's biggest property developer by market capilisation.

Posted by messi > 2013-05-18 20:57 | Report Abuse

Alliance Research had on May 15 initiated coverage on the Penang-based property developer with a ‘buy’ call and a target price of RM2.62 based on 60% discount to revalued net asset value (RNAV).

Posted by messi > 2013-05-18 23:44 | Report Abuse

Buy & hold good property stock like this one.

http://www.theedgemalaysia.com/business-news/239224-hot-stock-hunza-properties-rises-667-on-bright-prospect.html

Posted by iafx > 2013-05-19 10:22 | Report Abuse

no doubt it's good, juz note that 2.62 already a TP base on RNAV, DY history is reasonable only, highly depends on penang economic performance, especially mall

Posted by impartiality > 2013-05-21 11:56 | Report Abuse

The gap in market cap between tambun and hunza is now a mere 10 million anyway. It can go either way anytime. Hunza cannot rely on Gurney Paragon alone. Their phase 1 food and Beverage mall is finding it hard to compete with their Singaporean big boys next door. Rentals in fact have been reduced to compete with them.

The only other notalble landbank they have is Bukit Jambul in the south. It has been left idle for 3 years due to thier inability to evict squatters(a very senstive issue). The land is promising but the holding cost has alreaady been substansial.

Posted by sephiroth > 2013-05-30 23:33 | Report Abuse

result damn pathetic

Posted by impartiality > 2013-06-18 15:48 | Report Abuse

Lost the biggest Penang based developer market cap title to Tambun again

Posted by martiniclub7 > 2013-06-18 16:12 | Report Abuse

They might lose to Tambun, but hunza must not be neglected. It can still climb to Rm2.50 again by end of this yr for sure. (Long term stock)

Posted by messi > 2013-06-19 22:22 | Report Abuse

Hunza's Gurney Paragon soft opening on 23/7. Income from rental will boost Hunza's profi in the FY to come.

Posted by impartiality > 2013-06-20 10:50 | Report Abuse

Rental income from Gurney Paragon may be substansial. However, lets hope their singaporean big boys next door do not play the "predatory pricing" game with them, a very common strategy in Singapore and Hong Kong retail market. Not sure when they are going to kickstart the Bukit Jambul project. That site had been idle for years and is probably a more important earnings driver.

Posted by messi > 2013-07-09 21:43 | Report Abuse

Hidden gem awaiting discovery.
http://www.hunzagroup.com/alliance_150513.pdf

Posted by martiniclub7 > 2013-07-19 10:51 | Report Abuse

good day for both hunza and tambun! Life's good. Lol

Posted by messi > 2013-07-19 15:28 | Report Abuse

Hidden gem slowly emerging

Posted by messi > 2013-07-22 10:30 | Report Abuse

;-) a gem indeed

Posted by martiniclub7 > 2013-07-22 10:31 | Report Abuse

Heart pain!! Sold too early!!

Posted by impartiality > 2013-07-24 15:15 | Report Abuse

Fireworks for gurney paragon opening I guess

Posted by Lance > 2013-07-24 17:52 | Report Abuse

Cause baby, you're a firework
Come on, show 'em what you're worth
Make 'em go, oh, oh, oh
As you shoot sky high!!!

Posted by cheeseburger > 2013-07-25 10:55 | Report Abuse

dropping.

Posted by impartiality > 2013-07-25 11:28 | Report Abuse

Rental income from the mall has to be be good . The company is running out of projects under construction unless they can settle the mess in the bukit jambul land

Posted by Idiot > 2013-07-25 14:40 | Report Abuse

The private placement doesn't seem to be done yet. It is weird that they fix the price at RM1.80 last Friday when they haven't found the investors. To maximise value for the Company (and hence shareholders), if they fix the price now, they will get at least RM0.20 more per share for the Company

Posted by impartiality > 2013-07-26 09:59 | Report Abuse

This is quite a substansial discount to its 14 day moving average which is a typical benchmark to price placement. However, the recent rally was fuelled by the excitement of the Gurney Paragon opening anyway.

Posted by ccc5197 > 2013-07-26 16:20 | Report Abuse

any comment on this stock?

Posted by messi > 2013-07-27 00:01 | Report Abuse

Targeting over 70Mil in rental income
http://www.hunzagroup.com/news/theedge_010713a.jpg

Posted by messi > 2013-07-27 00:01 | Report Abuse

Hunza growing real estate holdings, plans for REIT
http://www.hunzagroup.com/news/theedge_010713b.jpg

Posted by impartiality > 2013-07-28 14:17 | Report Abuse

70 mil in rental income? You gotta be kidding me. Even Pavillion RETI normalized PAT is around 50 mil a year only. In fact, the rental for the Gurney Paragon is even lower than the older Gurney Plaza next door.

Posted by messi > 2013-07-28 23:36 | Report Abuse

The rental income was reported in The Edge. 60 mil coming from Gurney Paragon. You saying it is misreporting ?

Posted by Idiot > 2013-07-29 10:23 | Report Abuse

whatever it is, until the placement is done, this stock looks like only have 1 buyer

Posted by Lance > 2013-07-29 11:32 | Report Abuse

http://www.theedgemalaysia.com/business-news/244622-exclusive-hunza-growing-real-estate-holdings-plans-for-reit.html

"Next year, we target over RM70 million in revenue from rental income," he says, adding that about RM60 million will come from Gurney Paragon Mall. Earnings should kick in six months after the mall's opening on July 23, with contributions to be reflected in Hunza's FY2014 results.

Posted by Idiot > 2013-07-29 11:43 | Report Abuse

That's gross rental income, Alliance Research forecast Net Annual Earnings from GPM to be circa RM29m

Posted by Idiot > 2013-07-30 16:27 | Report Abuse

Announcement today : Placement of 18.1m shares done at RM1.80....look out for fireworks soon ???

Posted by Lance > 2013-07-30 17:00 | Report Abuse

Yes. the same Alliance Research that recommended a BUY call and a target price of RM2.62.
http://www.hunzagroup.com/alliance_150513.pdf
Thanks for pointing that out idiot.

Posted by impartiality > 2013-07-31 11:28 | Report Abuse

placement done at 1.80? What fireworks? They will be lucky if shares don't go down. The discount is substantial and it represents almost 10% of the share cap. Rental income forecast looks a bit optimistic to me at the moment. The analysts should go and have a look at crowd in the mall itself. Crowd size is not that bad but I was expecting more. Lets not forget that their neighbour next door is the Singapore government who can more than afford to play an attrition game with them.

Posted by Idiot > 2013-07-31 15:32 | Report Abuse

This stock is highly highly illiquid, for some guys to commit to 10% of the capital at RM1.80, either they are idiots like me or they know something we don't, time will tell....anyway the press has been talking about a whole bunch of new projects in Penang and KL to be launched soon, lets see