Posted by jenabchen123 > 2014-02-21 11:59 | Report Abuse

This is good followed up new from research by another analyst, Public in Nov 2013 with remarks as follows.

We expect more contracts from SCORE, with HSL expected to benefit the most for being Sarawak-based builder and strong balance sheet. However, valuations are not attractive in our view.

Posted by jenabchen123 > 2014-02-24 00:04 | Report Abuse

Recovery mode tomorrow and following days too?

Posted by 8wpwtmt8 > 2014-04-23 17:15 | Report Abuse

http://klse.i3investor.com/servlets/ptres/22522.jsp

Posted by 8wpwtmt8 > 2014-04-23 17:17 | Report Abuse

http://www.theedgemalaysia.com/business-news/286377-hot-stock-hsl-rises-77-after-gains-in-sarawak-counters-expectation-of-contract-win.html

Posted by Joel > 2014-04-23 21:33 | Report Abuse

Buy vol now 131,100
Sell vol only at 10,000

Going to break RM2.00 !!!

Posted by Joel > 2014-04-24 12:32 | Report Abuse

on the way tp Rm2.00 !
very soon for today.
Buy in below Rm2.00 if can.

Posted by johnny cash > 2014-04-24 22:41 | Report Abuse

Hock Seng Lee Bhd (HSL) – Not Rated--------------kenanga today,,,24/04/14
Our new initiation, construction counter - HSL (refer to report dated 23-April 2014)
has attracted investors’ interest due to its strong balance sheet and high ability to
secure new contracts from the on-going SCORE development. Yesterday, HSL
surged 9 sen to break out from its 1-year channel resistance level of RM1.85 to
settle at RM1.91. In tandem with its high trading volume, the share price key
indicators (Stochastic and RSI) also hooked upwards, suggesting that bullish
momentum is strengthening. From here, we expect follow-through buying interest
to lift the share price towards RM2.00 (R1) and possibly RM2.18 (R2) further.
Meanwhile, we suggest traders to employ a strict stop loss 3 bids below the share’s
new ‘resistance-turned-support’ level at RM1.82.
Outlook Bullish
Key Resistance level RM2.00(R1) RM2.15 (R2) RM2.30 (R3)
Key Support level RM1.85 (S1) RM1.75 (S2) RM1.63 (S3)
Strategy Not Rated Current Price RM1.91

Posted by kimtj > 2014-04-25 10:27 | Report Abuse

ok.. ding ding

Posted by kimtj > 2014-04-25 10:39 | Report Abuse

break 2 then singing .

Posted by kimtj > 2014-04-25 10:45 | Report Abuse

=)))))

Posted by Joel > 2014-04-25 11:17 | Report Abuse

Next TP is rm2.10 for today !!!

Posted by kimtj > 2014-04-25 11:23 | Report Abuse

Yes Joel agreed. Building the brick now

Posted by kimtj > 2014-04-25 11:34 | Report Abuse

ready..

Posted by stockcrazy > 2014-04-25 12:40 | Report Abuse

if HSL may stand above 1.99, i believe the next TP will be 2.19 -> 2.52 -> 3.05~~~

Posted by johnny cash > 2014-04-25 13:11 | Report Abuse

Hock Seng Lee Bhd (HSL) – Not Rated ---------DATED 24//04//14
Our new initiation, construction counter - HSL (refer to report dated 23-April 2014)
has attracted investors’ interest due to its strong balance sheet and high ability to
secure new contracts from the on-going SCORE development. Yesterday, HSL
surged 9 sen to break out from its 1-year channel resistance level of RM1.85 to
settle at RM1.91. In tandem with its high trading volume, the share price key
indicators (Stochastic and RSI) also hooked upwards, suggesting that bullish
momentum is strengthening. From here, we expect follow-through buying interest
to lift the share price towards RM2.00 (R1) and possibly RM2.18 (R2) further.
Meanwhile, we suggest traders to employ a strict stop loss 3 bids below the share’s
new ‘resistance-turned-support’ level at RM1.82.
Outlook Bullish
Key Resistance level RM2.00(R1) RM2.15 (R2) RM2.30 (R3)
Key Support level RM1.85 (S1) RM1.75 (S2) RM1.63 (S3)
Strategy Not Rated Current Price RM1.91

Posted by steady > 2014-04-25 21:59 | Report Abuse

retracing

Posted by tanyuethan > 2014-05-01 20:13 | Report Abuse

head and shoulder pattern forming?

Posted by phyroxus > 2014-05-01 23:56 | Report Abuse

washing

Posted by samsung555 > 2014-05-02 16:04 | Report Abuse

HOCK Seng Lee (HSL) announced that it had clinched an infrastructure project at the Samalaju Industrial Park in Bintulu, valued at RM73.7mil and due for completion by the first quarter of 2016. This is the first major contract for HSL in 2014.

The contract sum is on track with the research house’s financial year ending Dec 31, 2014’s (FY14) total new order book assumption of RM600mil. In fact, according to management, in the year-to-date basis, inclusive of this contract, HSL has already secured RM129mil worth of contracts as during the past four months, some smallish jobs were also secured.

Hence, it is estimated, by now, that its outstanding order book would have reached RM1.22bil from RM1.10bil previously. The order book will last two years.

Given its status as the market leader, coupled with the vibrant Sarawak’s growth story, it is reaffirmed that HSL would be one of the major beneficiaries of the sustained development of infrastructure projects in Sarawak. This is evidenced from it consistently securing more than RM500mil worth of jobs per annum since 2012.

It is believed that HSL’s offered potential total return would be 24% (including dividend yield 2.6%).

HSL is one of the biggest contractors in Sarawak majoring in marine engineering and it possesses bright earnings visibility.

The target price of RM2.31 is based on a forward price to earnings ratio of 11 times FY15 earnings.

Posted by WXGWXW > 2014-05-11 23:44 | Report Abuse

Tanyuethan. Don't think that head n shoulder pattern appear. No evidence of reversal since the support line keep increasing. Go go up HSL.

Posted by johnny cash > 2014-05-12 20:11 | Report Abuse

Hock Seng Lee (HSL MK)
Technical BUY with +13.9% potential return
Last price : RM1.94
Target Price : RM2.15, RM2.21
Support : RM1.88
Stop-loss: RM1.87
BUY with a target price of RM2.21 with stop
loss placed below RM1.87. HSL’s share price
successfully breached the “cloud” on 10 Apr 14
and continued to climb higher before meeting
with strong resistance at RM2.00. Despite the
recent pullback, HSL is still trading above both
the 10-day and 21-day SMA lines, which
suggests the near-term uptrend remains intact.
Given the bullish crossover in Stochastic, we
expect the positive momentum to help the
share price nudge higher and retest the
psychological resistance of RM2.00 in the near
term. A successful breakout above the
aforementioned level may pave the way toward
further upward continuation as we peg our
medium-term target at the 1.61x Fibonacci
extension level of RM2.21.

Posted by WXGWXW > 2014-05-12 22:52 | Report Abuse

Thanks a lot johnny cash. feel gud.

Posted by steady > 2014-05-20 18:17 | Report Abuse

Johnny hold millions of share in HSL

Posted by samsung555 > 2014-05-26 16:10 | Report Abuse

Time to collect when there's pullback, it will be sudden without realising........

Posted by WXGWXW > 2014-05-29 12:34 | Report Abuse

True samsung555. the wave can come anytime now onwards

Posted by WXGWXW > 2014-05-29 12:35 | Report Abuse

Sarawak monsoon season in Qtr1 already over. HSL in full ger now.

Posted by samsung555 > 2014-05-29 14:55 | Report Abuse

waiting for the right entry point............

Posted by WXGWXW > 2014-05-30 05:50 | Report Abuse

new contract announced

Posted by samsung555 > 2014-06-02 15:01 | Report Abuse

HSL benefit from score project.

http://www.theedgemalaysia.com/business-news/292410--hsl-expected-to-benefit-from-score-projects.html

Posted by chernhung > 2014-06-14 09:30 | Report Abuse

the price keep dropping...

Posted by cmchin > 2014-06-16 21:42 | Report Abuse

EPF keep dispose. It might taking profit.

Posted by WXGWXW > 2014-06-17 17:43 | Report Abuse

the time has come

Posted by n00bpelabur > 2014-06-19 01:57 | Report Abuse

Wahh this company never had a negative EPS

Posted by samsung555 > 2014-06-24 19:24 | Report Abuse

buy this share relly need patient, if not after u sell, maybe will fly to sky high........

Posted by phyroxus > 2014-06-26 19:40 | Report Abuse

this week everyday closed at 2.0, but everyday open price is lower. Any chart sifu can tell this indicate what?

Posted by chernhung > 2014-07-03 17:08 | Report Abuse

now closed at 1.90... really need to be patient if want to hold this stock.

Posted by WXGWXW > 2014-07-04 07:55 | Report Abuse

everytime gud news, going down, It will b up unexpectedly. Really need patient here.

Posted by boonboon > 2014-07-04 14:20 | Report Abuse

was the chart head n shoulder pattern?

Posted by chernhung > 2014-07-04 15:15 | Report Abuse

i think so. now is waiting for good news or next quarterly result to boost it.

Posted by phyroxus > 2014-07-04 19:00 | Report Abuse

need hold tight, take time to wash u out

Posted by chernhung > 2014-07-16 09:49 | Report Abuse

do u all realise HSl boss slowly disposed his share in the open market? what is the indicator of this?

Posted by WXGWXW > 2014-07-20 15:05 | Report Abuse

Sarawak infra construction opportunity still plenty to come

Posted by chernhung > 2014-08-06 14:58 | Report Abuse

any news about this counter?

Posted by WXGWXW > 2014-08-12 00:05 | Report Abuse

Epf sudah masuk.

Posted by chernhung > 2014-08-13 17:47 | Report Abuse

EPF keep buying this counter... dont know what will happen in the next also.

Posted by WXGWXW > 2014-08-15 19:24 | Report Abuse

Gud counter will finally show up. Just need patient here

Posted by ryan_och > 2014-08-17 10:07 | Report Abuse

EPF Shareholding:
May 13 : 56m
Apr 14 : 51m
Aug 14 : 50m

Although EPF keep buying this counter but from May until now, EPF shareholding is reduced 6m.

Posted by singhisking > 2014-08-21 22:53 | Report Abuse

i feel this stock is ready to test 2.06 again anytime tomorrow or next week. lets hope so.

Posted by chernhung > 2014-08-22 14:07 | Report Abuse

ready to hold this counter for atleast 3 years...

Posted by chernhung > 2014-08-25 16:14 | Report Abuse

Why EPF buy and dispose so frequent?