Making so much profit every quarters, but never declared dividend. Small investors can make money only when got speculators pushing up the price. Better avoid this type of counters. Happy trading.
Like or not, even all the bad opinion will not stop it to be a darling this year. By then, it is already too late to invest. You can complain everyday BUT it will not listen to u. BUT can watch at the sideline and suffer the pain.
Bullrun, I see... I think the co need working capital and the fastest way to raise it without straining the balance sheet is to go through the rights issue. The fastest the rights are raised the better.... No worries of selling pressure as the price is so cheap at 80sen, the indicative rights issue price with FREE WARRNTS.
For any weakenss or drop tmrw, is chance to BUY in. Looks like 2017 is a bright year for Ho HUP - refer to latest QR report released :)
3. (a) Current Business Prospects The Board views the financial year 2017 to be encouraging based on the following developments: • The Construction Division has been actively tendered for projects valued at RNf3.3 billion. • The Property Development Division has planned to launch the following projects which is pending the relevant approvals: (a) Proposed development of service apartments in Bukit Jalil City with estimated Gross Development Value (GDV) of RM500 million; (b) Proposed mixed development project in Kota Kinabalu with estimated GDV of RM700 million; and (c) Phase 1 of the proposed mixed development project in Kulai, Johor with estimated GDV of RM500 million. • The Building Material Division especially the Quarry business is confident of the synergistic value to benefit from downstream production activities. With that, the Division is confident that new streams of revenue will emerge this year. (b) Progress and steps to achieve financial estimate, forecast, projection and internal targets previously announced There was no financial forecast previously announced by the Group.
at the moment you got conned at price of 1.5 per share all the way down to the current price you know it's time to move on from this hopeless counter. With all the sweet promises laid down since 2 years ago which none of it has been achieved so far (I.e. dividend), it's time to wake up. they should just stay in PN17
hewiester..management painted a glorified 2017 year for HoHup.
TENDERED (Not awarded) projects RM3.3B (Even if awarded in 2017 can complete project in 2017? Even if completed in 2017 there is no guarantee all projects make profit). Proposed (Means still talking and drawing and planning) BJ apartment GDV RM500M..this one should be profitable since land cost very low..but can sell or not??? The Park 2 is not 100% sold yet.
All these PROPOSED means belum buat lagi maybe 2020 lah. Moreover that Kulai one is in the middle of some oil palm estate. I don't think they can start development there until they build and deliver certain buildings to the land YPJ.
Sorry dearest sweetheart, I oredi sold when Ho Hup requested extension for the rights issue sometime mid Sept last year. kakakaka, Now Ho Hup cheap cheap you can buy from market mah.
coz what he is saying is true. I rather cash out my money now rather than put more money into this stock which u know very clearly that the price will continue to drop q over q. to be Frank I am one of the victims of this con stock and I will take this as a lesson and move on. if your partner tells you he will bring profit to your joint venture business but it didn't happen for 2 -3 years, what would you do?
if I sell to you now that means I am making even more losses u dumb. I want to see your name in the top 30, prove it and dont just fool ppl around in this forum
y all the counters with possession of johore land rally, eg Iwcity n Uem. But hohup still stagnant! !! Some more, his business partnher share also surge to all time high!!!!!!
inlandmarks, that is because these companies have land in vicinity of JB and/or waterfront. Ho Hup's land is somewhere in Kulai (tortoise come) to build home to sell to students. Just like the name of the place, share price also like tortoise lor!!!!!
Sweetheart why so upset? OK loh, I say nice thing about Ho Hup. Market cap only RM290M. Potentially should double share price as Ho Hup worth more than RM500M. Ho Hup share of revenue (of which 85% is profit) from BJC should easily surpass RM500M of which RM92.7M recognised to 31.12.2016. Still have another >RM400M to recognise. Own development of BJC profit another, say RM50M. BJC alone worth RM450 to RM480M. Lain lain say worth RM100M. In total Ho Hup worth > RM550M i.e., RM1.88 per share discount 30% for project execution risk, cincincaicai also worth RM1.30 per share.
Can't compare Malton and hohup as different class of companies and management. Yes this counter is undervalued and will likely trend up since mgmt will have to decide soon on rights issue. If rights to proceed, they will have to push the price up as they willl have to offer a bigger discount to market value as of current price.
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....
pang72
51,533 posts
Posted by pang72 > 2017-02-12 21:05 | Report Abuse
I still believe this super profit company shall deserve 1.50