Posted by notanking > 2018-01-10 16:37 | Report Abuse

hohup price dropped alot today...wat happened?

Posted by Vanguard168 > 2018-01-15 15:23 | Report Abuse

Seems like some people start accumulating this gem...

Posted by kelvin17 > 2018-01-17 12:21 | Report Abuse

vanguard you are too excited this stock like goes to Holland already...

Posted by sasword > 2018-01-19 10:09 | Report Abuse

Deepest hell ady, u can't stop ppl from donating money lo.

Posted by chong1122 > 2018-01-30 17:48 | Report Abuse

Really disappointed to this stock. What are lousy management !!

Posted by kelvin17 > 2018-01-31 08:24 | Report Abuse

rubbish stock no hope dont waste your time n money

Posted by Benedictang > 2018-02-06 00:05 | Report Abuse

This kind of counter very dangerous, they don ve
Good mgt, all is chinaman style only know to korek money.

Posted by notanking > 2018-02-06 15:09 | Report Abuse

HH died....

Posted by chong1122 > 2018-02-07 11:59 | Report Abuse

cant believe the ceo , said will pay the dividend to shareholder, cheat!!!!

Posted by notanking > 2018-02-07 15:13 | Report Abuse

@chong, he said IF cash flow is strong....

Posted by kelvin17 > 2018-02-08 17:47 | Report Abuse

His elder bro Malton also half dead already what u expect HH to perform all the rumour also never come true ..

Posted by notanking > 2018-02-09 11:20 | Report Abuse

just wait for the QR

Posted by ivan9511 > 2018-02-28 00:23 | Report Abuse

qr super good buy
vry soon will limit upppppppppppppppppppppppppppppppppp

Posted by chong1122 > 2018-03-01 17:05 | Report Abuse

Lousy counter, even qr ok also no people dare to buy in .

Posted by losangeles17 > 2018-03-07 08:55 | Report Abuse

look like this counter has no hope of recovery now with good result also can not move later years result turn bad what will happen ?

Posted by chong1122 > 2018-03-09 15:23 | Report Abuse

one year new low record!!

Posted by bursa36 > 2018-03-13 09:23 | Report Abuse

March 12, 2018 7:43 pm JST
Malaysia's Ho Hup Construction Signs JV Pact For Mixed Development Project
By Gho Chee Yuan
Nikkei Markets
KUALA LUMPUR (Mar 12) -- Malaysia's Ho Hup Construction Company said Monday it plans to partner with Koperasi Serbausaha Makmur to jointly undertake a mixed development project having gross development value of 180 million ringgit ($46.08 million).

The proposed development, which sits on an 8,129.90 square metres land in Kuantan, in the state of Pahang, will include a hotel, three commercial office floors and a block of serviced apartments, the company said in an exchange filing.

Under the joint venture agreement, Koperasi Serbausaha Makmur will be entitled to 25 million ringgit in consideration to provide the land to Ho Hup, it said. The koperasi has also agreed to buy the hotel and three commercial floors for 38.06 million ringgit, Ho Hup said.

The proposed joint venture is expected to be completed within 48 months from the date of approval from relevant authorities, Ho Hup added.

Posted by bursa36 > 2018-03-13 09:27 | Report Abuse

Slow and steady. Just that many dont agree with the company's venture into new projects, they just hoping Hohup do nothing but to receive income from Malton and declare dividends. Worth to take those new projects or not only time will tell... If u have the patience

Posted by losangeles17 > 2018-03-22 10:32 | Report Abuse

anyone can comment a bit any hope for this counter ? price below par even co still making profit .

Posted by hongchai > 2018-04-02 10:22 | Report Abuse

Chamz, where is the support?

Posted by Lim Tek Wai > 2018-04-02 10:24 | Report Abuse

one year new low record!!

Posted by chong1122 > 2018-04-02 11:31 | Report Abuse

hopeless counter. The ceo said this year will be a fantastic year for hohup, but he own keep selling the stock from last year. All of shareholder kena cheated.

Posted by Val-Elta > 2018-04-02 13:34 | Report Abuse

how do you know he's still selling now?

Posted by chong1122 > 2018-04-02 17:02 | Report Abuse

Start sell from sep last year.

Posted by Val-Elta > 2018-04-02 17:22 | Report Abuse

but already stopped for a while also ma... there's actually buy back activities in the last 2 months..

Posted by Val-Elta > 2018-04-02 17:23 | Report Abuse

think it's just the general properties related down trend at the moment... there's just no buyers at all to support the price, each time buyers matched, there's no new buyers... will be under pressure for a while until Q result or some other announcement comes in

Posted by hongchai > 2018-04-04 16:22 | Report Abuse

Is this company going to bankrupt or what?

Posted by chong1122 > 2018-04-05 16:45 | Report Abuse

Market drop hohup follow drop, market up hohup drop also. The managment can resign already.

Posted by uptrending > 2018-04-07 09:54 | Report Abuse

Problem is negative cash flow now, likely due to the construction of the technical college in kulai johore, in exchange for the piece of land there for future development...

Bank borrowing going up, presently no new project was launched, BJ and KK still not being launched... Incomes from JDV of BJC and some construction projects...

Posted by kelvin17 > 2018-04-09 13:43 | Report Abuse

uptrending you seems to know more about this counter any hope for it to go back to say 80 cent

Posted by kelvin17 > 2018-05-16 21:52 | Report Abuse

uptrend any good news to report after G14

Posted by sengkee > 2018-05-18 15:33 | Report Abuse

Will it affect their JV project with Malton at Bkt Jalil?

Posted by ICON3333 > 2018-05-18 16:02 | Report Abuse

Definitely will affected if malton can't complete BJD project Hohup will go Holland ....

Posted by Val-Elta > 2018-05-18 20:59 | Report Abuse

2.31 cent EPS, mainly earning is from the JV, at this moment.
With HH own projects in Johor and KK soft launched, and to add to revenue in the next coming 2 quarters.

10 to 15 cents EPS for FY 2018 is possible.
2.31*4 = 9.24 cents already, + 2 more cents from HH own developments in the Q3 and Q4, reasonable target.

Malton side, don't have to worry too much about it, the land is from HoHup, and there's no problems at all with this project.

The problem with Malton, is on their own project which Lim may have obtained land at lower price... not related with HH at all. Icon, you shouldn't spread incorrect information.

Posted by Yong Chun Wah > 2018-06-06 17:17 | Report Abuse

:)


Ho Hup Construction Bhd will unveil property projects worth RM1.70 bln in 2018 after holding off new launches in the past few years. The group currently has a tender book of RM2.00 bln and an order book of RM400.0 mln comprising all government-related jobs over three years duration. (The Edge Daily)

Source: Mplus Research - 21 May 2018

Posted by Yong Chun Wah > 2018-06-06 17:20 | Report Abuse

ho hup, its share price will move up later this year? :)


Ho Hup expects a ‘fantastic’ FY18


Chester Tay

theedgemarkets.com

May 19, 2017 16:01 pm +08


KUALA LUMPUR (May 19): Ho Hup Construction Co Bhd is expecting to post a set of ‘fantastic’ results for its financial year ending Dec 31, 2018 (FY18), driven by sales from projects it will be launching at the end of this year, and receivables anticipated from its joint development with Malton Bhd.

“We are starting to get a bit more bullish on our property side; next year will be a fantastic year for us. This year, we are launching three projects, [totaling] about RM1.6 billion gross development value (GDV),” Ho Hup chief executive Datuk Derek Wong Kit Leong told reporters, after the group's annual general meeting today.

“We expect the first two quarters to be a bit quiet, [but from] the third quarter [onwards], we will be launching our final phase in Bukit Jalil, [which will have a] GDV of about RM500 million. We are also launching our Kota Kinabalu, Sabah project, [which carries a] GDV of about RM800 million, and our Kulai project (around RM300 million GDV). [That's] all happening in the third and fourth quarter this year,” he said.

At present, Ho Hup’s property development business has unbilled sales of about RM142 million, and management is targeting to achieve sales of around RM100 million for FY17, which is similar to what it achieved in FY16, said Wong.

“It [the flat sales growth forecast for FY17] is also because of timing. Our Bukit Jalil project is coming to its tail end, and we are only launching new projects in the second half of the year. Our joint development with Malton is still on-going, and next year, we will recognise more sales from there,” he said.

Last year, Wong was quoted by The Edge Malaysia Weekly in its Dec 12-18 issue as saying the integrated development it is undertaking with Malton in Bukit Jalil will be able to generate RM372 million in the next four to five years, which averages about RM75 million a year.

Under the joint-development deal, Malton will bear the entire development cost, while Ho Hup provides the land and is entitled to 18% of the estimated GDV of RM3.4 billion. The project comprises a shopping complex, shop offices, office tower, service apartments and a hotel.

Today, Wong said the parking lots for these buildings have been completed and that Malton is progressing towards building the structure. “The parking lot is completed, now they are building the structure, that is where all the billings will be recognised,” he said.

Ho Hup’s property development business contributed over 50% of its total revenue, while the remaining were derived from the construction (25%) and building materials (25%) divisions.

Wong said Ho Hup’s construction order book now amounted to RM454 million, which will keep it busy for the next three years.

“We think we can get another RM300 million to RM400 million worth of jobs this year. Our tender book is about RM4 billion right now, so 10% is no issue, they are mainly government-related projects,” he said.

“Our building materials business, ready-mixed segment, is down about 20% to 30% last year, but still profitable. Our quarry segment is looking very interesting now, because we are close to Melaka Gateway and the Southern portion of the double tracking rail electrification project as well,” he added.

Therefore, Wong expect the quarry division to perform "very well" going forward, driven by these government-initiated infrastructure projects.

Asked about possibility of paying dividends soon, Wong said nothing has been finalised so far, but it is the board’s intention to make distribution, once the group’s cash flow turns stronger.

“We are trying our best, we need to address it very soon. If the cash flow is strong, it is our intention to return and reward the shareholders. It is definitely on our mind and we want to start around two to three sen, but again, nothing is carved in stone yet,” he said.

For FY16, Ho Hup’s cash coffer (including fixed deposits) slid 0.87% to RM27.27 million, from RM27.51 million in FY15.

As at 3:01pm, Ho Hup’s share price gained six sen or 7.06% to 91 sen, giving it a market capitalisation of RM335.51 million.

Posted by Val-Elta > 2018-06-06 17:47 | Report Abuse

That's old news... but to me it's certainly oversold la.
They have one problem left, which is their cashflow... they still depend on borrowing, but overall their cash flow position will only improve. But this takes time... don't expect it to shoot up fast, but the downside risk is really minimal at this point.

Remember, their latest EPS of 2.3 cents is JUST from the Pavilion 2 project + their construction segment.

Their KK project already start pilling works, and will contribute in Q4 and they're launching their Johor development as well at the later end of this year.

Assuming we ignore their KK and Johor and also their own last piece of land in Bkt Jalil, the 2.3 cent EPS per q is still maintainable for the next 2.5-3 years....

2.3x4 = 9.2 eps per year.... selling at 40 cents per share now... amazing...

Posted by Yong Chun Wah > 2018-06-07 07:44 | Report Abuse

hopefully, very soon :)

Asked about possibility of paying dividends soon, Wong said nothing has been finalised so far, but it is the board’s intention to make distribution, once the group’s cash flow turns stronger.

“We are trying our best, we need to address it very soon. If the cash flow is strong, it is our intention to return and reward the shareholders. It is definitely on our mind and we want to start around two to three sen, but again, nothing is carved in stone yet,” he said.

Posted by Yong Chun Wah > 2018-06-07 10:16 | Report Abuse

if ho hup starts to pay dividend, the share price will improve more speedily :)

Posted by Yong Chun Wah > 2018-06-07 10:17 | Report Abuse

52 week range, fell from 84.5sen to 41sen now. good2grab some shares :)

Posted by Yong Chun Wah > 2018-06-07 14:23 | Report Abuse

Hopefully, buyback more and more :)

Friday, 1 Jun 2018

5:58PM HOHUP DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)

5:55PM HOHUP BOEY TAK KONG (51,100 units Acquired)




Tuesday, 17 Apr 2018

5:41PM HOHUP DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)



Monday, 12 Mar 2018

6:04PM HOHUP TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)

6:00PM HOHUP DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)

5:58PM HOHUP BOEY TAK KONG (300,000 units Acquired)

Posted by Victor Yong > 2018-06-08 11:58 | Report Abuse

Between ho hup and Malton, I rather choose Malton, more liquidity :)

Posted by Val-Elta > 2018-06-22 17:06 | Report Abuse

Bad choice Victor, 45c now, but dunno if can last and continue or not. Hope it's a longer term investor who can help realize value of HH, rather than traders pumping n dumping in a few days...

Posted by Jolin Lai Chi Pet > 2018-06-25 12:47 | Report Abuse

this time will hit 60cents!!!!!!!!

Posted by ivan9511 > 2018-06-25 13:47 | Report Abuse

Congratulations all buyat lowest include me
As I said many times
Hohup very qr gave good profit
Net profit is 1000000 times better than benalac and bpuri
Only little bit than sendai so
Hohup should tp.at 80sen
Bpuri 20sen
Hohup still can limit uppppp
All the best

Posted by Hohup > 2018-06-25 16:58 | Report Abuse

Wah. Finally after one year plus using this username with the hope of people will goreng, the day has come...50% return today

Posted by winwin2288 > 2018-06-25 17:01 | Report Abuse

haha sleep long time already, why suddenly goreng hohup ?

Posted by stockholm999 > 2018-06-25 17:05 | Report Abuse

i think the construction in east malaysia start his project soon liao. IHG is his taukeh

Posted by L2earn > 2018-06-25 17:12 | Report Abuse

http://www.theedgemarkets.com/article/ho-hup-revive-earnings-rm17b-launches-planned-fy18
Pin this old news for later reference

Posted by Hohup > 2018-06-25 17:17 | Report Abuse

I think price will go down first..n from there we see whther this is pure goreng, or something is brewing