Posted by funda > 2016-06-30 12:05 | Report Abuse

9.4% annual interest at current price... and can get back the 50 cent after 5 year maturity or convert to mother share (if mother share higher than 50 cent within 5 years).... good bargain!

Posted by YK Yap > 2016-06-30 17:54 | Report Abuse

Buy buy buy

Posted by stockmanmy > 2016-06-30 18:36 | Report Abuse

turnaround stock.

Posted by Yunnan > 2016-07-14 17:07 | Report Abuse

Yes, Return better than REIT or bank FD

Posted by Kok Weng > 2016-07-15 16:07 | Report Abuse

available edi?

Posted by Lim Sau Phang > 2016-07-18 12:49 | Report Abuse

anyone know about hiaptek convertion ratio?

Posted by Yunnan > 2016-07-18 12:53 | Report Abuse

One to one.

Posted by Up_down > 2016-07-18 16:47 | Report Abuse

Place a small bet on this LA for long term.

Posted by Lim Sau Phang > 2016-07-19 10:14 | Report Abuse

if mother share lower than 50c, will we get cash 50 c or convert to mother share?

Posted by Lim Sau Phang > 2016-07-19 12:29 | Report Abuse

fly abit now..~~

Posted by funda > 2016-07-20 10:48 | Report Abuse

most likely only get mother share if mother below 50cent

Posted by funda > 2016-07-20 18:44 | Report Abuse

Only 1cent premium compare to mother? Lagging behind la

Posted by funda > 2016-08-16 15:41 | Report Abuse

wah...LA finally shoot-up!!

Posted by funda > 2016-09-14 11:09 | Report Abuse

same price with mother...superb bargain!!

Posted by Up_down > 2016-09-29 15:30 | Report Abuse

Play catching up in steel theme. Go go go!

Posted by tan_eng_guan > 2016-12-24 15:12 | Report Abuse

Redemption at RM 0.50 is at sole discretion of the co. This is not likely to happen if the mother share price in year-5 is below RM 0.50.

Posted by Kris Wong > 2017-05-06 22:39 | Report Abuse

Interest of RM12.50 receivable very 6 months in June (next month) and December till maturity in June 2021 ie. total RM25.00 per year per 1000 Islamic Loanstocks (LA). Effective interest returns based on current price of RM0.315 is about 8% pa.(much better than FD rate for 1 year) Conversion to shares is on a 1:1 basis anytime (conversion premium now is negligible). Redemption is RM0.50 per LA but at the sole discretion or option of the Issuer company (Hiaptek). Mandatory conversion to shares at maturity if not converted or redeemed earlier. Indeed very interesting counter !!!

Posted by Up_down > 2017-05-22 11:20 | Report Abuse

This is another high potential turnaround steel company neglected by the market. lol

Posted by Up_down > 2017-05-22 18:21 | Report Abuse

A loan stock offers a yield more 7% per annum. Quite yummy given the prospect of the steel industry. This loan stock is much better than those junk bonds selling in US. wakaka

Posted by 0000 > 2017-06-20 04:50 | Report Abuse

Kris Wong & Up_down : please provide the link where i can read about the hiaptek-la interest. thanks!

Posted by abangadik > 2017-06-20 17:19 | Report Abuse

Huat ar! give dividend plus capital gain.. wakakaka

Posted by Dragon88 > 2017-06-20 21:10 | Report Abuse

AA, how is the interest paid and its 5% of what value (how much is the payment)? Sorry for the dumb question, very new in this.....

Posted by Up_down > 2017-06-20 22:13 | Report Abuse

0000. LA holders are entitled to 5% interest on LA nominal value 50 cents. The company pays interest to the LA holders twice a year. Interest payment is 1.25% (1.25 cents) per unit for each time to be payable on 23 Jun and 23 Dec

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5428697

Posted by Up_down > 2017-06-20 22:26 | Report Abuse

Good interest yield of 6.76% per annum even though at the price of 37 cents. Just keep it and wait for the company to report good QR.

Posted by abangadik > 2017-06-20 22:31 | Report Abuse

lu manyak huat la up_down sifu, lu beli itu harga cheap2. wakakakaka...

Posted by Up_down > 2017-06-20 22:32 | Report Abuse

Abangadik. Sama sama. Kau pun beli cheap cheap. Lol

Posted by 0000 > 2017-06-20 23:37 | Report Abuse

@ Up_down : thank you sir for the sharing! too bad that i knew about this quite late. i ask around even before may 23, but no one respond, thus i delete my comment because i felt like a noob. thanks again sir!

Posted by Dragon88 > 2017-06-21 13:34 | Report Abuse

Thanks Up_down for the explanation. I still have a lots to learn, very appreciative of people willing to teach and explain. Thanks again :)

Posted by Dragon88 > 2017-06-21 13:36 | Report Abuse

OOOO, kita sama sama belajar :)

Posted by abangadik > 2017-06-23 12:04 | Report Abuse

received 0.0125 per share today.. raya angpau.. haha..

Posted by Up_down > 2017-06-23 12:16 | Report Abuse

Good raya greenpau....With the anti dumping duty applying on imported steel product, HiapTek should be able to pay interest to LA holders. Think the investor won't rate it as junk bond anymore given the prospects of steel industry has recovered in Malaysia. We would receive angpau and greenpau every year...Some more, they are going to resume production of Eastern Steel factory as profit margin of steels products are foreseen to stay high in next few years.

Posted by Bullcoming > 2017-06-30 17:30 | Report Abuse

This LA is value for money, 1st get interest payment twice a year, yield more than 6%, 2nd can ride on the bullish of steel counter like Hiap Teck.
Very Very Good Buy!!!!

Posted by jumbojet > 2017-07-03 15:31 | Report Abuse

today closing will be .395

Posted by Yunnan > 2018-01-05 12:05 | Report Abuse

Fly

Posted by abangadik > 2018-01-05 18:16 | Report Abuse

nice tip from contrarian and up_down... 2 respectable sifu