http://putongreninvest.blogspot.com/ i rewrite again. to elaborate further on operating profit margin n discover the value of holding this counter. i hope to hear from your comment. happy reading.
divhunter - under Tan KW's radar.... don't worry lah.... what make you think will go below 1.10? plenty of cash this company.... they use the cash to built factory in indon, Cambodia, go into property development maybe.... interest free leh... because no need to borrow money... then use those lands, factories, all convert to NTA... then NTA will become RM 2 ... RM 3... also can... most importantly .. is they are having solid cash.... see plenty of companies NTA high high... once recession.. NTA drop very fast...... then missing..
hup seng got so much cash... they sure will do some investment. Once announce, then you will know NTA up, estimated future earning up, all these no interest no risk investment bcos no borrowing...
see ytle -- nta - 0.15 ... now 60 sen.... so hup seng nta - 0.19 .... now 1.13 reasonable. further, so much cash compared to ytle...... cash can convert to nta after buying lands, machines, factories, venture into businesses....
less likely .. but i do not disagree with this probability that u are saying steve.. regardless .. this company is my long term investment .. wont be letting go in near future .. it will be rewarding as a higher than FD counter but with risk of course .. all investment are always accompanied with risk .. but i have good night sleep when invested with this counter .. maybe just psychologically .. haha .. no doubt the company generates steady income and holds cash .. CASH .. i love to have it .. ^^
haha...thank for that person who throw his/her hup seng share, let our long term investor can buy in more and keep for awaiting fruit & juicy out in one day...
Can start to buy slowly. This hupseng and the other hapseng are both good company. Hupseng company is fully controlled by their major shareholders. It will jump up by next quarter.Wait and see.Nowaday, Really very hard to find other good counter. What I have on hand all already up 200% or above.(Magni,boilerm,mflour/wb, hapseng/wa).
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Vergil Tee
44 posts
Posted by Vergil Tee > 2014-08-15 13:29 | Report Abuse
Justin Ngo,Thanks u analysis hupseng annual report.