HO HUP CONSTRUCTION COMPANY

KLSE (MYR): HOHUP (5169)

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Last Price

0.19

Today's Change

-0.005 (2.56%)

Day's Change

0.19 - 0.195

Trading Volume

211,500


13 people like this.

6,008 comment(s). Last comment by papakuching 3 weeks ago

Posted by MrTigerShark > 2014-01-22 10:26 | Report Abuse

CONMAN KING CALVIN TAN IS A LONELY DESPERATE OLD MAN IN SINGAPORE!!!!!GO AND CHECK IT OUT!!!!

kytan

2,865 posts

Posted by kytan > 2014-01-22 12:17 | Report Abuse

today strong up. accumulate before leave PN17.

Posted by leslieroycarter > 2014-01-22 18:43 | Report Abuse

Though its warrant will expire in 2018 , major shareholders are converting its warrants to mother share which cost more if it were to be bought from market .
E.g warrant 91 cts
Mother share 133
conversion 60 cts 1:1 , so 91 cts +60 cts =151 vs mother 133
diff 18 cts
The question why convert when u r losing 18 cts per share ? but the major director was converting it ? there must be reasons for conversion ? he easiest way is to dispose in open market where it can fetch a better price , why the troubles of converting ? I see no logic in doing that ! may someone enlighten me the reasons behind?

morivae

443 posts

Posted by morivae > 2014-01-24 12:40 | Report Abuse

Same for me, I don't really understand about the mechanism of the warrants here but I notice the shareholders had been converting/disposing the warrants for the past few weeks.

So if they are really converting then they buying at a price higher than the mother shares which is not logical.

Posted by ericoconut > 2014-01-24 19:24 | Report Abuse

because there are rich.

Posted by leslieroycarter > 2014-01-24 21:22 | Report Abuse

SO BUYING WARRANT MAY NOT BE A WISE MOVE AFTER ALL IF THE SITUATION CAHNGES FOR MOTHER AND LIKE GIVING HIGH DIVIDEND , RIGHT ISSUE , FREE WARRANT ,SHARE SPLIT AND BONUS SHARE ...SO MUCH TO LOOSE IF BUYING LONG TERM WILL NOT BE FEASIBLE AT ALL UNLESS U ARE A DAY TRADER.

WiseEye

1,199 posts

Posted by WiseEye > 2014-01-28 17:39 | Report Abuse

the warrants are not liquid enough, thus they need to convert warrant to mother to dispose it off.

Posted by testing123 > 2014-01-30 11:22 | Report Abuse

Tp? When leaving PN17?

member41

3,718 posts

Posted by member41 > 2014-01-30 11:25 | Report Abuse

Kenanga say $1.55... Derek Wong say leaving soon... don't know when.

Posted by testing123 > 2014-01-30 11:30 | Report Abuse

Thank bro, trapped for few week...will hold until leave then :)

member41

3,718 posts

Posted by member41 > 2014-01-30 23:55 | Report Abuse

I also holding bro. Should be ok waiting Pavilion 2 :)

SgMas

59 posts

Posted by SgMas > 2014-02-05 16:07 | Report Abuse

Ho hup catching up with other related companies i.e Inari & Insas......:)

Posted by leslieroycarter > 2014-02-10 12:11 | Report Abuse

once leaves pn17 , it will be a shooting star to watch ..140...1.80 when its eps has reversed from losing 11.80 cts/share to +ve 12.13 cts/share ? What a feat ....!

Posted by leslieroycarter > 2014-02-10 16:31 | Report Abuse

once it was trading at 1.94....b4 pn17

hepitrade

5,290 posts

Posted by hepitrade > 2014-02-10 20:40 | Report Abuse

Awesome : )

Posted by kakaddie13 > 2014-02-12 15:26 | Report Abuse

any chance to go up to 1.50 back?

MrGala

217 posts

Posted by MrGala > 2014-02-12 23:05 | Report Abuse

i think still got hope, kkd13

alphajack

3,685 posts

Posted by alphajack > 2014-02-13 00:57 | Report Abuse

yea once pn17 settle, can not only break 1.55 (that is fair value) but can easily shoot to 1.70-1.90 range because of market sentiment and semi-efficient market conditions in the Msian equities scene. If u have extra cash and don't mind waiting for a few weeks or months, load up now and you will make around 20-25%. Have faith bros, this is almost a certain thing, only thing is we do not know when...

Posted by kakaddie13 > 2014-02-13 11:13 | Report Abuse

when this counter is going to come out from pn17?

kwl8888

613 posts

Posted by kwl8888 > 2014-02-14 13:56 | Report Abuse

I read an article in last month's The Edge, Ho Hup will submit application of uplift from PN17 by end of February, I think most probably after announce latest quarter's financial result

hepitrade

5,290 posts

Posted by hepitrade > 2014-02-14 16:58 | Report Abuse

hohup.. gonna come out soon... hehe

kwl8888

613 posts

Posted by kwl8888 > 2014-02-14 17:00 | Report Abuse

I believe can uplift from PN17, today up 0.09, next week continue up!

goldenray

185 posts

Posted by goldenray > 2014-02-14 18:31 | Report Abuse

" Subsequent thereto, the Company has fully remedied the event of default under PN1 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad and no longer a PN1 status company."

Latest announcement.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1539817

Congrats to HOHUP buyers.

member41

3,718 posts

Posted by member41 > 2014-02-14 18:32 | Report Abuse

Guys congrat ho hup exit pn1 Liao. Soon exit all the pn. No wonder up today.

With reference to the announcement dated 29 January 2014, the Board of Directors of Ho Hup wishes to announce that the Company has fully settled all the sum claims by the following financial institutions:-
Financial Institutions Type of Facilities
Malayan Banking Berhad Restructured Term Loan Facility
Alliance Investment Bank Berhad Revolving Credit

Subsequent thereto, the Company has fully remedied the event of default under PN1 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad and no longer a PN1 status company.


http://www.bursamalaysia.com/market/listed-companies/company-announcements/1539817

alphajack

3,685 posts

Posted by alphajack > 2014-02-14 23:00 | Report Abuse

huat ah. Time to fly

kwl8888

613 posts

Posted by kwl8888 > 2014-02-15 12:41 | Report Abuse

Next Monday sure continue uptrend

hepitrade

5,290 posts

Posted by hepitrade > 2014-02-15 13:35 | Report Abuse

Hohup... : )

alphajack

3,685 posts

Posted by alphajack > 2014-02-16 21:52 | Report Abuse

LAI LAI huat until 1.90 heh

hepitrade

5,290 posts

Posted by hepitrade > 2014-02-16 21:55 | Report Abuse

Huat huat hohup investors hehehe

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-02-17 13:28 | Report Abuse

today up not so much, perhaps only PN1? how many PN until PN17?

alphajack

3,685 posts

Posted by alphajack > 2014-02-17 21:23 | Report Abuse

^once the directors make an official announcement of the repayment of defaults then gg la. Don't be a pussy and do t+3. Hold for next few weeks for full profit.

member41

3,718 posts

Posted by member41 > 2014-02-17 21:25 | Report Abuse

Why not hold till pavilion 2 ready

alphajack

3,685 posts

Posted by alphajack > 2014-02-18 00:52 | Report Abuse

can also if you're patient la heh

tjhldg

27,218 posts

Posted by tjhldg > 2014-02-18 00:59 | Report Abuse

kikikii

Posted by henrytham77 > 2014-02-18 08:06 | Report Abuse

on the boat now..get ready

hepitrade

5,290 posts

Posted by hepitrade > 2014-02-18 11:30 | Report Abuse

Drop how come ? Huhu

i3i2i1

4,731 posts

Posted by i3i2i1 > 2014-02-18 13:35 | Report Abuse

i will load tomorrow or Wed :) but it will be good

kwl8888

613 posts

Posted by kwl8888 > 2014-02-19 15:34 | Report Abuse

Finally up to 1.45, hope by Friday can up to 1.50!

Dkwee

210 posts

Posted by Dkwee > 2014-02-19 15:38 | Report Abuse

Lai Liao 1.47...huat lah.....

tjhldg

27,218 posts

Posted by tjhldg > 2014-02-19 15:40 | Report Abuse

kikikikii ... go go go

lling_er

53 posts

Posted by lling_er > 2014-02-19 16:02 | Report Abuse

closing 1.50?

kwl8888

613 posts

Posted by kwl8888 > 2014-02-19 16:04 | Report Abuse

1.50 either tomorrow or Friday

hepitrade

5,290 posts

Posted by hepitrade > 2014-02-19 16:05 | Report Abuse

go go go!!!! hehe

MrGala

217 posts

Posted by MrGala > 2014-02-20 00:32 | Report Abuse

how i wish it can continue head north-east to 1.70 ==

tjhldg

27,218 posts

Posted by tjhldg > 2014-02-20 00:39 | Report Abuse

kikikii ... will go all the way north to bangkok cari ah kua

hepitrade

5,290 posts

Posted by hepitrade > 2014-02-20 08:17 | Report Abuse

Tj... u sure can find ah kua?? Huhu

kwl8888

613 posts

Posted by kwl8888 > 2014-02-20 15:28 | Report Abuse

Reach 1.53!!!!

member41

3,718 posts

Posted by member41 > 2014-02-20 15:29 | Report Abuse

Pavilion 2 here we come :)

garrick

66 posts

Posted by garrick > 2014-02-20 16:10 | Report Abuse

pb still low can in too :D

Posted by chinteikong > 2014-02-20 20:22 | Report Abuse

tomorrow will hit $1.60

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