- Heng and Huat which means prosperity - Involved in Manufacturing and process of biomass materials and natural fibers into value added materials eg furnitures mattresses etc. - No competitors in this market yet. - High demand of Biomass in China - Export 70% of its sales to China ( as biggest market in the world currently) - MYR vs Renmimbi is trading lower currently ( 100RMB = MYR 1.715 ) - HHGroup obtains most of its raw materials locally from Malaysia at cheap costs - Good management team led by Lim Ghim Chai which holds 1.25% of direct interests. - No. of free float shares amounted to only 30% as most stocks are held by the H'ng family. The total amount of shares listed in July 2014 was 205mil shares. - Optimistic to revenue of at least rm100mil by end of 2015 and profit of > RM15mil ( 20% increased growth) which will boost its EPS to 7.9 sen from 5.9sen currently. -Cheap PE ratio of 9.5 currently - Calculated IV at 82sen ( based on FY 2014). - Dividend given so far : once at 0.5sen per share ( Jan 2015) - Going to be transfered to Main Board Bursa by end of Dec 2015
I noticed u had been active in HHGroup since last year Nov. I am sure u had bought cheaply last time. I bought in at about 46sen early this year before CNY
I noticed u had been active in HHGroup since last year Nov. I am sure u had bought cheaply last time. I bought in at about 46sen early this year before CNY
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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....
Kent
356 posts
Posted by Kent > 2015-04-28 10:46 | Report Abuse
drop back to below 0.60.... aiks