strongly recommended stock..it will able to double up your capital in next 3-5 years (for long term). My feeling based on the existing data & future grow plan. Basic: Buy & keep strategy needed. Basic support: Young management team & leader-ambitious NTA growing. Cash per share now is about 0'47 based on Q1 2015, support half of the stock price. China contract will bring huge revenue to the existing sales pipes line if done. Existing cash will reinvest to buy land & build "home" & build grow as well instead currently sleeping in the bank earn small interest. 1.5 sen dividend will grow to 2.5 in next yrs based on estimation of 20% basic. Bonus issue capability 1:1 / 1:2 High speed train-Air Keroh property development 30 largest shareholder mainly increased stake. etc...
welcome...the 100 & 200 days long term trend still intact, waiting the stock to restart & trending to new high...so far...the "goreng team members" is still on holiday...will come back soon... :)
3 resistance point need to break & stay will only able to see the higher HIL... (1) 0.925 (2) 0.98 (3) 1.02
One all resistance clear, the price will build at another uncharted zone. Then only will qualify to challenge next TP...i guess will be around 1.40-1.60...my tp based on the sales which will contribute from the China big contract...which might worth USD 80K per year...this will double up the existing sales, hopefully the project is as gain level, which I'm not sure about it.
@ Adrian, for China contract, i cannot disclose where I get this infor, of course is not from any website.
For the property project planning, u can refer to big boss talk:
[“Another 35 acres located in Ayer Keroh, Malacca will be developed once the alignment for the high-speed rail link between Kuala Lumpur and Singapore, which will pass through Ayer Keroh, is confirmed,” said Kwee Leong.]
HIL Industries FY14 results to be a ‘pleasant surprise’
KUALA LUMPUR: HIL Industries Bhd ( Financial Dashboard) expects its results for financial year 2014 ending December (FY14) to be a “pleasant surprise” as contribution from its property development segment kicks in from the third quarter (3Q).
Already, the group’s net profit of RM6.73 million for the first half (1H) of this year has more than doubled compared with net profit for the full FY13 of RM2.78 million.
HIL chief executive officer Milton Norman Ng Kwee Leong attributed the improved 1H net profit to the downsizing of its loss-making China operations. Its workforce was cut from 1,500 to 300.
“We will release our 3Q results this week, which will include the earnings from our property development venture. I can’t comment on the figures, but what I can say is it will be a pleasant surprise,” Kwee Leong told The Edge Financial Daily in an interview.
The group returned to the black with a net profit of RM2.78 million in FY13 from a net loss of RM3.11 million in FY12, thanks to increased sales from its automotive segment and the turnaround of its China operations as a result of a cost management exercise. Revenue for FY13 was higher at RM81.65 million from RM79.73 million in FY12.
Plastic injection moulding manufacturer HIL has had an encouraging start to its foray into property development, witnessing good take-up rates at its two maiden projects in Shah Alam, Selangor this year.
Totalling RM110 million in gross development value (GDV), Taman Kemuning Hijauan 2 features 116 units of terraced houses, while Kemuning Greenhills consists of 56 units of semi-detached homes.
“For Taman Kemuning, we have sold 107 out of our 116 units and for Kemuning Greenhills we have sold 49 out of the 56 units,” said Kwee Leong.
Plans are afoot to develop a 5-acre (2ha) piece of land in Shah Alam with a GDV of RM80 million next year.
“Another 35 acres located in Ayer Keroh, Malacca will be developed once the alignment for the high-speed rail link between Kuala Lumpur and Singapore, which will pass through Ayer Keroh, is confirmed,” said Kwee Leong.
He said HIL is currently in negotiations to purchase land in Klang, Selangor, but declined to elaborate.
Property development is not entirely uncharted waters for Kwee Leong who, together with his father Datuk Ng Boon Thong @ Ng Thian Hock, sits on the board of property developer A&M Realty Bhd, which is controlled by the Ng family.
Boon Thong is chairman of both HIL and A&M, while Kwee Leong is an executive director in A&M and his brother Datuk Ambrose Leonard Ng Kwee Heng is the managing director of A&M.
However, Kwee Leong said there is no conflict of interest between the two companies, as A&M’s focus is more on higher-end property projects while HIL focuses on the medium-cost range.
Prior to its property development venture, HIL’s main revenue contributor was the plastics injection moulding business that serves three segments — auto, information technology, and electrical and electronics.
The group has two manufacturing plants in Shah Alam, one in Penang and a plant in Suzhou, China.
HIL is 65.9% owned by its two largest shareholders, Dalta Industries Sdn Bhd and Boon Thong. Its net cash position as at June 30, 2014 stood at RM101.7 million.
HIL was profiled in The Edge Research’s Stocks with Momentum column in The Edge Financial Daily on Nov 5. The item stated that the group’s appeal seems to lie in being a privatisation play, given its low free float and large cash holding. The stock was also listed one of the stocks in Tong’s Momentum Portfolio.
Kwee Leong said it is in the best interests of the group to remain listed for now. “Being a listed entity, it gives credence to our reputation and confidence to our customers.”
HIL’s share price has been trending upwards from 40.1 sen a year ago to close at 77 sen on Friday, giving it a market capitalisation of RM213 million.
yes...still a hiden jewel...weakness is the free float stock is limited as substantial shareholder (included both father & sons) hold the major (around 80%) the annual meeting I expect the boss got big annoucement to say on 25 Jun...
Main business same as SKPRES, last year diversified into affordable landed property market same as sister coy A&M which focus on high end properties business. Recent sell down with very thin volume provide a chance to accumulation.
I've mistake batch collection at 1.00 level :( the most cheapest I've collected at 0.40 few years ago..same time when collect IFCAMSC toghether at 0.08 level... Now is a good chance to collect more but my cash level weak...
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....
lkf0512
147 posts
Posted by lkf0512 > 2015-04-02 09:46 | Report Abuse
But dropped till 92.5sen is a bit "cruel"