HIAP TECK VENTURE BERHAD - RCUIDS 2016/2021
KLSE (MYR): HIAPTEK-LA (5072LA)
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Discussions
Be the first to like this. Showing 35 of 35 comments
if mother share lower than 50c, will we get cash 50 c or convert to mother share?
2016-07-19 10:14
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.
2016-12-24 15:12
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 !!!
2017-05-06 22:39
This is another high potential turnaround steel company neglected by the market. lol
2017-05-22 11:20
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
2017-05-22 18:21
Kris Wong & Up_down : please provide the link where i can read about the hiaptek-la interest. thanks!
2017-06-20 04:50
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.....
2017-06-20 21:10
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
2017-06-20 22:13
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.
2017-06-20 22:26
@ 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!
2017-06-20 23:37
Thanks Up_down for the explanation. I still have a lots to learn, very appreciative of people willing to teach and explain. Thanks again :)
2017-06-21 13:34
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.
2017-06-23 12:16
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!!!!
2017-06-30 17:30
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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....
funda
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!
2016-06-30 12:05