HOCK SENG LEE BHD

KLSE (MYR): HSL (6238)

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6 people like this.

1,523 comment(s). Last comment by emox 2022-04-25 08:44

Syimgoku

150 posts

Posted by Syimgoku > 2016-05-02 14:36 | Report Abuse

Hahaha... Berleter sket arini... Gudluck

GoodBoy

6,594 posts

Posted by GoodBoy > 2016-05-03 09:26 | Report Abuse

I guess the price may touched bottom already .... will slowly move up soon ....

joni

1,258 posts

Posted by joni > 2016-05-03 10:14 | Report Abuse

pan borneo highway .. go go

Superb99

6,603 posts

Posted by Superb99 > 2016-05-03 10:39 | Report Abuse

stable liao, should see improvement after election but it may be recovering slowly as market is damn poor now

Posted by ProStockbroker > 2016-05-03 11:43 | Report Abuse

Not yet bottom

Syimgoku

150 posts

Posted by Syimgoku > 2016-05-04 10:18 | Report Abuse

I got itchy hand... Bought a bit today... Very thin market huh...

mamatede

3,950 posts

Posted by mamatede > 2016-05-04 14:29 | Report Abuse

if today close in the green, and tomorrow also.. then it is a buy signal liao..

GoodBoy

6,594 posts

Posted by GoodBoy > 2016-05-04 20:23 | Report Abuse

Keeping my fingers crossed ..... hope for the best .....

Shadows

462 posts

Posted by Shadows > 2016-05-05 19:58 | Report Abuse

Should have confidence in it management and track records. Finger crossed and hope the best ahead.

GoodBoy

6,594 posts

Posted by GoodBoy > 2016-05-06 11:33 | Report Abuse

Monday shld be green light .....

Hk Wong

420 posts

Posted by Hk Wong > 2016-05-06 15:14 | Report Abuse

Awarded with Pan Borneo Highway Phase 1 construction
from Julau and Sibu Airport to Sg. Kua Bridge
• Scope of work comprises full spectrum of highway
engineering such as earth works, piling, drainage works,
road works, interchanges, bridges as well as mechanical and
electrical engineering
• Outstanding unbilled orderbook swelled to RM3.05bn

Hk Wong

420 posts

Posted by Hk Wong > 2016-05-06 15:15 | Report Abuse

Upgrade to BUY (from Neutral) with an unchanged TP of
RM2.19

Syimgoku

150 posts

Posted by Syimgoku > 2016-05-06 16:22 | Report Abuse

Won another contract? Hurm...

Syimgoku

150 posts

Posted by Syimgoku > 2016-05-06 16:23 | Report Abuse

Is it true? Maybe need to acquire some more... Hurrrm

Syimgoku

150 posts

Posted by Syimgoku > 2016-05-06 16:24 | Report Abuse

Remember holding power... If the stock suddenly fly next week then lucky us... Otherwise holding power is the remedy

newbie92

418 posts

Posted by newbie92 > 2016-05-08 12:48 | Report Abuse

RM1.9 tomorrow?

redantz

1 posts

Posted by redantz > 2016-05-08 15:43 | Report Abuse

hope so :)

Posted by Apple6Splus > 2016-05-08 19:05 | Report Abuse

Sarawak Election BN Big Win sure benefit Sarawak Base counter especially HSL... Hou Sai Lei!(Cantonese)

GoodBoy

6,594 posts

Posted by GoodBoy > 2016-05-08 19:45 | Report Abuse

An early 14th General Election might be held in 2017 ..... big win in Sarawak boosting BN chance to retain power in next election ...... so, more good news n projects is coming ......

Iraways

67 posts

Posted by Iraways > 2016-05-08 20:16 | Report Abuse

not sure what hold tomorrow... but everybody want it back to rm2 region.

Posted by darkmagician > 2016-05-08 23:29 | Report Abuse

rm2 by this week.. 2.50 after qr out..

Posted by Sebastian Sted Power > 2016-05-09 09:11 | Report Abuse

still sleeping

Posted by Sebastian Sted Power > 2016-05-09 09:11 | Report Abuse

RM2.50 within 12months still possible

Posted by Sebastian Sted Power > 2016-05-09 09:36 | Report Abuse

1.82 bought!

kenlee123

143 posts

Posted by kenlee123 > 2016-05-09 09:50 | Report Abuse

Still sleeping.. No effect after election

Posted by familybusiness > 2016-05-09 11:41 | Report Abuse

BN win 72 set also not moving???

water99

240 posts

Posted by water99 > 2016-05-09 14:14 | Report Abuse

Sure freefall if no landslide,
Bursa very tricky and manipulate punya

Posted by Sebastian Sted Power > 2016-05-09 14:41 | Report Abuse

freefall your head la.. Got 2-3bil project on hand also fall then the other company can close shop liao

Posted by Sebastian Sted Power > 2016-05-09 14:43 | Report Abuse

but there is a cunning player for this counter

EPF keep selling; but someone keep buying and push above 2++ few weeks ago

Kc Kee

90 posts

Posted by Kc Kee > 2016-05-09 15:19 | Report Abuse

if you are not confident to the stock you buy, better do not buy the stock

water99

240 posts

Posted by water99 > 2016-05-09 15:20 | Report Abuse

O..patient n hold lol until wake up

mamatede

3,950 posts

Posted by mamatede > 2016-05-09 15:26 | Report Abuse

more contract to be awarded. .stay tune..

kwongliang

549 posts

Posted by kwongliang > 2016-05-09 16:37 | Report Abuse

all being tipu by sarawak election... hahah

Posted by Sebastian Sted Power > 2016-05-09 17:12 | Report Abuse

Gan told StarBiz, noting that the company’s current orderbook of RM2.7bil was the biggest ever since its listing on Bursa Malaysia in 1996

easily hit 4-5bil project if got another Pan-Borneo project

hebat!!

Msports

153 posts

Posted by Msports > 2016-05-09 21:03 | Report Abuse

EPF selling non-stop. Boh chow c.
http://klse.i3investor.com/servlets/stk/annchsh/6238.jsp

mamatede

3,950 posts

Posted by mamatede > 2016-05-09 21:19 | Report Abuse

ofcause epf need to sell, the need more funds to fund their other buy like MISC which is dropping like shit.. when other counter is supported by other players

Msports

153 posts

Posted by Msports > 2016-05-10 03:14 | Report Abuse

1.4 sen only the dividend. Yesterday drop more than that.

Posted by Sebastian Sted Power > 2016-05-10 07:42 | Report Abuse

dont worry la

EPF always sell low then buy high.. hahahaha

Shadows

462 posts

Posted by Shadows > 2016-05-10 11:37 | Report Abuse

Your invested money all used by HSL to build pan Borneo. Government only will pay at later stage. Cheers

voon1900

714 posts

Posted by voon1900 > 2016-05-10 14:07 | Report Abuse

any cd holder?

voon1900

714 posts

Posted by voon1900 > 2016-05-10 14:08 | Report Abuse

hav to wait...until..............

Syimgoku

150 posts

Posted by Syimgoku > 2016-05-12 08:43 | Report Abuse

Remember... Holding power... If you follow the lowest target price i.e 2.13 you could hv good return in one year time... All the target price is for 1 year return...
For cd holder, i have no comment...

Syimgoku

150 posts

Posted by Syimgoku > 2016-05-12 08:45 | Report Abuse

I've already cut loss my position for short term trade... For long term trade i still hold...

Iraways

67 posts

Posted by Iraways > 2016-05-12 10:37 | Report Abuse

current TA is good to shoot up but no player...... for swing maybe la.

Posted by iloveshare128 > 2016-05-12 10:41 | Report Abuse

HSL eyes MORE contracts.....


KUCHING: Hock Seng Lee Bhd (HSL), which secured two mega road construction and sewerage contracts worth some RM2.45bil recently, has tendered for an additional RM500mil worth of projects.

Corporate affairs director Sonja Gan said the company was awaiting the outcome of its bids for several infrastructure projects in Sarawak.

Under the 2016 budget, the Sarawak government has allocated nearly RM6bil to fund development projects such as roads, the supply of treated water to rural communities and drainage.

“Tendering (for contracts) is an ongoing process at HSL as we still have the capacity to do new jobs,” Gan told StarBiz, noting that the company’s current orderbook of RM2.7bil was the biggest ever since its listing on Bursa Malaysia in 1996.

In March, the HSL-Dhaya Maju Infrastructure (Asia) Sdn Bhd joint venture (JV) was awarded the Pan Borneo Highway work package 7 worth RM1.71bil. HSL has a 70% stake in the JV. Via a 75%-owned consortium, HSL also clinched an RM750mil contract for phase II of the Kuching centralised wastewater management system project.

Gan said these two mega contracts, which would stretch until 2022, would set the group up for strong growth.

She said the group typically had some 30 ongoing projects of varying sizes and natures in hand, though the number exceeded 40, including property development, at end-2015.

“Typical construction projects range from 18 months to three years. Our turnover rate has been consistent with projects in and projects out.

“HSL has a long track record of successful contract execution throughout Sarawak, and we have proven our technical merits and cost-competitiveness across a range of marine and civil engineering works.

“We are highly experienced and strategic in our planning and remain active in the procurement of projects drawn on our core strengths,” she added.

In 2015, HSL completed 16 projects while securing 21 new contracts worth a combined value of RM275mil. About 75% of the new contracts came from the Sarawak Corridor of Renewable Energy region of central Sarawak. The contracts include the Balingian power plant’s administrative offices in the Mukah Division, Government offices in Samalaju, Bintulu, as well as water and road works associated with the Tanjung Manis halal hub.

On the Pan Borneo Highway package 7 contract, Gan said the project covered a 76-km stretch from the Bintangor junction to the Julau junction and Sibu Airport to Sg Kua Bridge.

In the main portion, this will comprise the upgrading of the existing single carriageway to dual carriageway of higher specifications.

Bridges and interchanges are also part of the package, including the 1.7-km long Durin Bridge across Rejang River, Malaysia’s longest. The delivery period of the contract is 51 months.

Gan said the HSL-Dhaya Maju Infrastructure JV would source the construction materials like cement and steel locally to avoid exposure to the risk of foreign currency exchange rates.

“HSL is well versed in the logistics of materials supply,” according to her.

The Kuching centralised wastewater phase II project will involve the expansion of the sewerage treatment facilities, new underground trunk lines and connecting up to a considerable section of properties in northern Kuching.

Package 1 (2008-2015) was made up of three key components - a wastewater treatment plant, a sewer network (overall length of 64.5km consisting of trunk, secondary and tertiary sewers) and property connections.

The ambitious project, which is based on the Singapore model, is to collect grey and black water and pipe it underground to the treatment plant, where it is processed into clean water before being discharged back into the environment.

The untreated water was previously discharged into Sarawak River where the Kuching Water Board draws its raw water for treatment.

So far, some 2,830 commercial and residential properties have been connected.

For the financial year ended Dec 31, 2015, HSL recorded a group revenue of RM654.7mil and a pre-tax profit of RM101.2mil.

Posted by iloveshare128 > 2016-05-12 10:43 | Report Abuse

so it is very likely that big players are pressing the share price down so that they can accumulate the share at much lower entry point... and when the next few quarterly results are out... you wont be surprised to see the share price goes up to >RM2.50 or even >RM3.00... and that is the time when the big guns sell their lowly purchased shares...

Posted by iloveshare128 > 2016-05-12 10:43 | Report Abuse

join the big guns to accumulate it now, or regret later? the choice is yours...

Posted by iloveshare128 > 2016-05-12 10:46 | Report Abuse

do notice another Sarawak counter - PANSAR too... I have been promoting it since 1-2 months ago.. and you see today it finally moves... it is one of the biggest trading companies in Sarawak for construction materials... PAN BORNEO , SCORE etc projects are confirmed to tick in and materials trading will be beneficial to PANSAR... today, it has gone up from RM0.435 to RM4.80 (up more than 10%)... but it is still undervalued... my target price is RM0.80.

Iraways

67 posts

Posted by Iraways > 2016-05-12 11:10 | Report Abuse

cut loss.... other stock look more tempting. =(

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