HARN LEN CORPORATION BHD

KLSE (MYR): HARNLEN (7501)

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Last Price

0.41

Today's Change

+0.005 (1.23%)

Day's Change

0.40 - 0.415

Trading Volume

1,026,700


2 people like this.

461 comment(s). Last comment by Lee Ying Yee 2024-07-30 22:03

eftee

1,210 posts

Posted by eftee > 2014-04-28 17:13 | Report Abuse

I used to own this at ard 80 sen. Now so much

johnny cash

6,400 posts

Posted by johnny cash > 2014-04-29 20:10 |

Post removed.Why?

johnny cash

6,400 posts

Posted by johnny cash > 2014-04-29 20:12 | Report Abuse

PLEASE HAVE A LOOK,,,I WILL REMOVE IT LATER



Changes in Director's Interest (S135)



Tuesday, 29 Apr 2014

6:47PM IVORY Dato' Low Eng Hock (8,800,000 units Transferred)
6:26PM DSONIC Chew Ben Ben (205,000 units Acquired)
6:25PM DSONIC Dato¿ Wan Ibrahim Bin Wan Ahmad (20,000 units Acquired)
6:23PM CAMRES Hia Wan Kiga (1,668,660 units Acquired)
6:17PM HARNLEN TAN SRI DATO' LOW NAM HUI (277,000 units Transacted)
6:17PM HARNLEN PUAN SRI DATIN CHAN PUI LEORN (277,000 units Transacted)
6:17PM HARNLEN LOW QUEK KIONG (277,000 units Transacted)
6:17PM HARNLEN LOW KUEK KONG (277,000 units Transacted)
6:17PM HARNLEN LOW KOK YONG (277,000 units Transacted)
6:17PM HARNLEN LOW KWEK LEE (277,000 units Transacted)
6:17PM HARNLEN LOW KUECK SHIN (277,000 units Transacted)
6:05PM ORIENT Loh Kian Chong (442,900 units Transacted)
6:05PM KPS YB Dato' Kamarul Baharin bin Abbas (12,780 units Disposed)
6:00PM HARNLEN LOW QUEK KIONG (250,000 units Transacted)
6:00PM HARNLEN PUAN SRI DATIN CHAN PUI LEORN (250,000 units Transacted)
6:00PM HARNLEN TAN SRI DATO' LOW NAM HUI (250,000 units Transacted)
5:59PM HARNLEN LOW KWEK LEE (250,000 units Transacted)
5:59PM HARNLEN LOW KUEK KONG (250,000 units Transacted)
5:59PM HARBOUR Tan Sri Celestine Ujang Anak Jilan (50,000 units Disposed)
5:59PM HARNLEN LOW KUECK SHIN (250,000 units Transacted)
5:59PM SNTORIA Dato' Gan Kim Leong (54,555,600 units Transacted)
5:59PM SNTORIA Dato' Chan Kong San (54,555,600 units Transacted)
5:59PM HARNLEN LOW KOK YONG (250,000 units Transacted)
5:59PM CIMB Dato' Sri Mohamed Nazir bin Abdul Razak (806,950 units Transacted)
5:45PM LUSTER-LA Lim See Meng (28,962,500 units Disposed)
5:19PM NAIM Datuk Amar Abdul Hamed Bin Haji Sepawi (213,300 units Disposed)
5:19PM NAIM Datuk Amar Abdul Hamed Bin Haji Sepawi (30,000 units Disposed)
5:19PM TAANN Datuk Amar Abdul Hamed bin Haji Sepawi (110,200 units Disposed)
5:19PM SUPERMX Shamsudin @ Samad Bin Kassim (100,000 units Disposed)
5:14PM CHEEWAH Lee Eng Sheng (47,000 units Disposed)
5:13PM PPG LEE KHENG HON (48,000 units Disposed)
5:13PM ANCOM Dato' (Dr) Siew Ka Wei (20,000 units Acquired)
5:13PM ZECON Tan Sri Datuk Amar (Dr.) Tommy Bin Bugo @ Hamid Bin Bugo (20,000 units Acquired)
5:13PM PANTECH DATO¿ CHEW TING LENG (3,000,000 units Disposed)
5:13PM PPG LEE KHENG HON (50,000 units Disposed)
5:13PM HALEX LOW NGAK TIOW (13,659,606 units Disposed)
5:13PM PPG LEE KHENG HON (10,000 units Disposed)
5:07PM PRTASCO Tan Yee Boon (40,000 units Transacted)
5:07PM CMSB Datuk Syed Ahmad Alwee Alsree (600,000 units Acquired)

BEC7349

23 posts

Posted by BEC7349 > 2014-06-05 17:43 | Report Abuse

Just sold all my Harnlen shares. Disappointing first quarterly result. Company making loss despite receiving substantial cash from disposal of property and using the proceeds to repay bank loans. Turnover for the quarter also declined to about 50m plus compared to preceding quarter. Why?Received the annual report for FYE 2013. What is most perturbing is the company which itself operating an oil palm plantation is purchasing oil palm from other parties ( at higher cost ). Does the company has any good controls to prevent leakage of its oil palm output? Don't see much prospect in the company and will dispose all my shares.

balvin71

1,154 posts

Posted by balvin71 > 2014-09-10 09:25 | Report Abuse

Was looking at this company for its dividend yield. Decided not to buy for 2 reasons:
1) CPO prices expected to come down in 2H 2014.
2) Based on 2013 Annual Report, Directors total remuneration/package almost 6 million. I don't think they will drop their remuneration. Rewarding themselves handsomely while having to dispose precious land bank which will be worth a lot more in the near future.

joni

1,259 posts

Posted by joni > 2015-04-21 15:15 | Report Abuse

Directors took thick pay check but stock not moving, better sell all for this wrong investment choice.

taijackong

312 posts

Posted by taijackong > 2016-03-07 08:03 | Report Abuse

Is this counter done or what?

Posted by Tan Toh Fei > 2017-02-18 13:13 | Report Abuse

if management have quality and integrity problem, don't buy or invest. simple rules.

calvintaneng

56,623 posts

Posted by calvintaneng > 2017-08-07 11:24 | Report Abuse

GREAT!

CPO NOW ABOVE RM2,600 A TONNE IS GIVING MORE THAN 50% GROSS PROFIT

And Prices Will Sustain Due to Rival Soy oil being impacted by ongoing US Drought

See

http://www.motherjones.com/environment/2017/08/climatedesk-forget-flash-floods-flash-droughts-are-even-more-terrifying/

kakashit

1,472 posts

Posted by kakashit > 2017-09-27 11:26 | Report Abuse

Harnlen got something

latif11

225 posts

Posted by latif11 > 2017-10-30 09:11 | Report Abuse

????

Posted by stocking0507 > 2017-11-01 20:43 | Report Abuse

what is happening?

sitia

1,261 posts

Posted by sitia > 2017-11-21 07:11 | Report Abuse

hmm, something brewing ?

apolloang

18,163 posts

Posted by apolloang > 2018-02-15 00:36 | Report Abuse

pastor calvin what happened to ur harn len kena crash ar? from 87cts since ur last recommendation, afternoon 55cts also done....if buy 87cts 1,000,000 now lost 1 house.....hahaha

hollandking

3,694 posts

Posted by hollandking > 2018-02-15 00:54 | Report Abuse

this counter is a cold storage counter. U buy , u r assured of selling at lower price and is possible u may not be able to sell at all.

makcik73

208 posts

Posted by makcik73 > 2018-03-30 23:18 | Report Abuse

Nama in harnlen macam holland

apolloang

18,163 posts

Posted by apolloang > 2018-09-24 11:51 | Report Abuse

apa stock ini 200 share also sell,no money eat rice ar? hahaha

ivan9511

3,854 posts

Posted by ivan9511 > 2018-10-04 15:37 | Report Abuse

0.50 -0.08 (13.79%) : HARN LEN CORP BHD

top 10 losers , wa Oustanding
Last time got many pro claim wtf is a super super super super undervalued company : got land rich , got hotel got planataions
only
But this comapny only get income keep selling property , no good magn on own biz ,platation loss to other comapny only got good because many land and hotels , wtf got such good value but no dividend and borrow money from bank , made many stupid decision .

In Malaysia this so call super undervalued company for me is no good share price limit uppp while Harlen give special dividend , I can say for those like nta high high like Nta 10 ringgit but share 1 ringgit must careful ,
In Malaysia , seeing those company is lose money until bankrupt

I point out some example :

Mulpha
Puncak
Bpuri
Bjc
Bjland
Mkland
MNRB HOLDINGS BHD
Media
and many many of couse
Be honest I also kena above 50% , so I give advise others be careful

calvintaneng

56,623 posts

Posted by calvintaneng > 2018-12-25 21:10 | Report Abuse

Merry Christmas

calvintaneng

56,623 posts

Posted by calvintaneng > 2019-01-01 22:06 | Report Abuse

Happy New Year

BN_better

991 posts

Posted by BN_better > 2019-01-01 22:17 | Report Abuse

34 sen all time lowest?

calvintaneng

56,623 posts

Posted by calvintaneng > 2019-01-02 18:14 | Report Abuse

Wahaha

Limit up?

calvintaneng

56,623 posts

Posted by calvintaneng > 2019-01-03 21:45 | Report Abuse

HARNLERN is grossly undervalue

1. Its lands are mostly in Johor

2. Spore boom will support HARNLERN factory value in China

3. Its Hotel is in JbCbd just within meters to Daiman Double Tree Hilton Hotel

4. Its precious prewar buildings are hidden treasures

NO. 3 and 4 are located near to Downtown Ibrahim Financial District.
Daiman Boss already taking Daiman private. HARNLERN might be next

calvintaneng

56,623 posts

Posted by calvintaneng > 2019-01-03 21:46 | Report Abuse

Correct

Factories in Tmn Desa Cemerlang

apolloang

18,163 posts

Posted by apolloang > 2019-01-03 21:49 | Report Abuse

why u no mention ur carimin? u make 100% already diam diam pula

calvintaneng

56,623 posts

Posted by calvintaneng > 2019-01-03 22:13 | Report Abuse

I ate so much currymee and fully satisfied happily

Now currymee must watch crude oil price
If crude oil so weak there will be less capex from Petronas and less job for o&g players

So don't chase to high

If got profit just sell and take first

apolloang

18,163 posts

Posted by apolloang > 2019-01-03 22:16 | Report Abuse

I make 2 rounds already tomoro I chase some curry mee,toyoink,jaks if down more,gtronics if 1.30 or below,gbgaqrs possible chance to 1.00 or above by CNY

calvintaneng

56,623 posts

Posted by calvintaneng > 2019-01-18 20:53 | Report Abuse

So undervalue?

Should be taken private like Daiman

Posted by commonsense > 2019-01-25 15:46 | Report Abuse

Harn Len is not the only plantation company that posted bad results in the most recent quarters. If you go through other financial reports, most (if not all) plantation companies are affected by the low CPO price in Jul-Sept period.

In terms of valuation, all plantation stocks are currently trading at a high PE multiple (for those that still managed to record profit) or in Harn Len case, negative PE. This is reflective of the downturn cycle of the plantation industry. Don't think that the industry will reverse their down cycle anytime soon given the general demand of the commodity is expected to go down in the future. China for example, is negotiating with US to take in more agriculture products from US which would potentially include soybean (or soybean oil). In general, Chinese consumption of oil would not actually go up that much so the increase of soybean oil import from US to China would actually be at the expense of other oil commodities from other countries (in particular palm oil from Indonesia and Malaysia). Another issue is on the European demand of palm oil which is expected to go down exponentially given the proposed ban of palm oil use in food and transportation industries in the future. They have already agreed to phase out the use of palm oil in transport fuel by 2030. Some countries like France and Norway have already started to move away from palm oil.

If you are still interested in the plantation industry then you should try to look at other companies first (at least until Harn Len is really on a stable footing). You will notice that most plantation stocks have fallen but PE valuation is still high. As I mentioned earlier, this is normal given that the industry cycle is currently at the bottom as reflected by the CPO price. It is better for you to do a PE calculation using an average 5 years PAT to take into account the cyclical nature of the industry. With this in mind you need to have a slightly long-term investment horizon when buying into oil plantation companies.

If you are looking to diversify your portfolio outside of Harn Len (due to its earnings uncertainties and bleak growth outlook) I would recommend you to look at MBMR.

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.9x PE (based on target FY18 profit of RM145mil. 9m profit is already RM106mil). PB is low at only 0.7x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17.

FY19 growth will be driven by the still high demand of the new Myvi and the newly launched SUV Aruz and also the newly revamp Alza in 2H19. The recent announcement of closure and potential disposal of the loss-making alloy wheel manufacturing business alone is expected to boost the company’s profit by an additional RM10mil to RM20mil. I am projecting a profit to shareholder of RM170 mil for FY19 which at the current price values MBMR at only 5.9x PE.

Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions. There are 8 analysts in total covering the stock with most of them having a TP of above RM3 (all have a buy rating). The average TP for the 8 analysts is around RM3.50.

Good Luck

calvintaneng

56,623 posts

Posted by calvintaneng > 2019-02-04 22:21 | Report Abuse

Happy New Year 2019

Harnlern like Daiman is an asset play.

hollandking

3,694 posts

Posted by hollandking > 2019-02-05 05:12 | Report Abuse

super freezer counter

hollandking

3,694 posts

Posted by hollandking > 2019-02-05 05:13 | Report Abuse

and it isnt just super freezer, there's more

Hohup

376 posts

Posted by Hohup > 2019-04-30 08:46 | Report Abuse

Yes calvin :)

yong1985cm

215 posts

Posted by yong1985cm > 2019-04-30 14:10 | Report Abuse

how much gain on the book will HarnLee recognised on this disposal of estate ?

joetay2

474 posts

Posted by joetay2 > 2019-04-30 21:29 |

Post removed.Why?

danny123

1,218 posts

Posted by danny123 > 2019-05-02 23:16 | Report Abuse

HE IS A REAL CONMAN

WHEN HE ASK U TO BUY, HE IS SELL

HE ASK PEOPLE TO BUY DUTA AT 0.70
NOW 0.455


HE ASK PEOPLE TO BUY T7 AT 0.55
NOW 0.485

SO BECATEFUL , REAL CONMAN

megacity

37 posts

Posted by megacity > 2019-05-04 14:43 | Report Abuse

We need to do what other people told? Its' just a option when we are adult, no one can force us to do what we don't want to do if selective. Buy share by our own risk and don't blame other because we already adult.

danny123

1,218 posts

Posted by danny123 > 2019-05-06 12:08 | Report Abuse

U ARE RIGHT DONT BLAME, BUT THIS GUY IS D SYNDICATE ALWAY ASK PEOPLE TO BUY HIGH WHEN HE WANT TO SELL

bnmacai

467 posts

Posted by bnmacai > 2019-08-27 17:52 | Report Abuse

lol some new staff doing data entry into bursa reporting site.

bnmacai

467 posts

Posted by bnmacai > 2019-08-27 17:54 | Report Abuse

suddenly revenue and loss become billion. lulz

flexibt

471 posts

Posted by flexibt > 2019-08-27 18:36 | Report Abuse

LOL... guys, pls refer to this accurate one
http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=206281&name=EA_FR_ATTACHMENTS

apolloang

18,163 posts

Posted by apolloang > 2019-10-10 10:28 | Report Abuse

new low where is pastor calvin? hahaha

leechen88

292 posts

Posted by leechen88 > 2019-12-30 12:29 | Report Abuse

Disposed rompin estate 2000ha with 183m value, another Senang estate will dispose soon ? Another 180m worth?

leechen88

292 posts

Posted by leechen88 > 2019-12-30 12:31 | Report Abuse

Market cap now only 100m ....aiyoyo... at this price johor towel , Sarawak oil palm mill , Sarawak planted estate all free

LouiseS

286 posts

Posted by LouiseS > 2020-01-12 18:14 | Report Abuse

HARN LEN's main business segments include oil palm plantations, milling and operations of a hotel.

Its earning performance has been overall fluctuating in last five years, whereby its earning per share overall fluctuated from -12.22 sen to 3.43sen. For the financial year 2018, the Group reported a pre-tax loss of RM19.7 million due to lower contribution from the Plantation division. The downtrend was exacerbated by sustained depressed and sluggish commodity prices of Crude Palm Oil (“CPO”) and Palm Kernel (“PK”), and finance costs resulting from borrowings to meet obligations and commitments of the Group.

https://louisesinvesting.blogspot.com/2020/01/comments-on-harn-len-corp-bhd-7501.html

tualp

452 posts

Posted by tualp > 2020-08-28 15:00 | Report Abuse

lousy counter....

thesteward

6,782 posts

Posted by thesteward > 2020-09-07 18:34 | Report Abuse

Sud just privatize this

thesteward

6,782 posts

Posted by thesteward > 2020-09-07 18:39 | Report Abuse

Director kept buying back shares

thesteward

6,782 posts

Posted by thesteward > 2020-09-07 18:39 | Report Abuse

This month

thesteward

6,782 posts

Posted by thesteward > 2020-09-07 21:16 | Report Abuse

Something brewing

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