【HAPSENG 3034 交流专区】合成统一

股市菜鳥

原帖由 tan81 于 3-4-2008 01:58 AM 发表
要出货，就快了，千万不要留下纪念品，怕你以后后悔。
我是来做坏人的。

希望大家帮忙分析，也欢迎预言楼的楼主帮忙预言，它会几时破产？
Current Liabilities可以累积到14亿，很扩张！！！
请那位朋友帮忙放出 ...

它最近的业績出壚，在今年首半年淨利增至191%，同期营业额也增長28.49%，公司也建议派发每股5仙的中期股息。难道这都有假，請仔細道来，免得我死得不明不白，我今天是於2.50的价格買入三張

股市菜鳥

原帖由 奥萨马宾拉丁 于 28-8-2008 09:54 PM 发表


如果你是用8K前辈的方法。。。ROE就已经不及格了。

吓！别嚇人好吗？ROE竟然有双重水準，連8K的計算都不及格，我还可以相信誰？

jonlim

这是可以买的股阿,有钱赚,有什么问题,

jonlim

这8K又不是神为什么要相信这样的人,买股要相信自己

胖珠

我在2。57时进了，想作为长期投资，可是看到大大们好象都不看好这只股，到底是怎么了？？？？ 大大们请多多分享你们的看法。。。谢了！！  

胖珠

HSPLNT 跌过2。10 了。。 各位有何看法？？ 这只股如何？？？？

傻人最有傻福

哇你从RM2.57------>>RM2.09

傻人最有傻福

Entitlements (Notice of Book Closure)

Reference No HS-080922-37350

Company Name	:	HAP SENG CONSOLIDATED BERHAD
Stock Name	:	HAPSENG
Date Announced	:	23/09/2008

EX-date	:	14/10/2008
Entitlement date	:	16/10/2008
Entitlement time	:	05:00:00 PM
Entitlement subject	:	Interim Dividend
Entitlement description	:	Interimdividend of 5.0 sen per ordinary share of RM1.00 each less 25% incometax in respect of the eleven-month financial period ending 31 December2008
Period of interest payment	:	to
Financial Year End	:	31/12/2008
Share transfer book & register of members will be	:	to closed from (both dates inclusive)  for the purpose of determining the entitlements
Registrar's name ,address, telephone no	:	SignetShare Registration Services Sdn Bhd, Level 26 Menara Multi-Purpose,Capital Square, No. 8 Jalan Munshi Abdullah, 50100 Kuala Lumpur, Tel:03-27212222, Fax: 03-27212530
Payment date	:	28/10/2008
a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	:	16/10/2008
b. Securities deposited into the Depositor's Securities Account before12:30 pm in respect of securities exempted from mandatory deposit	:	14/10/2008
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.	:
Number of new shares/securities issued (units) (If applicable)	:
Entitlement indicator	:	RM
Entitlement in RM (RM)	:	0.05

yeephuang

原帖由 tan81 于 3-4-2008 01:58 发表
要出货，就快了，千万不要留下纪念品，怕你以后后悔。
我是来做坏人的。

希望大家帮忙分析，也欢迎预言楼的楼主帮忙预言，它会几时破产？
Current Liabilities可以累积到14亿，很扩张！！！
请那位朋友帮忙放出 ...

不了解。。。
是不是说Current Liabilities多就不稳？
我知道有些公司的CL/ASSET 比例也很高。 那位大大能解释一下？

vega88

它的Current Liabilities大多来自子公司hap seng credit,它跟别人借钱然后借给那些买一辆二十几万benz的车主，所以它的Current Liabilities越多表示生意越好，最近通膨都没什么影响到这班驾benz的人，只要他们每月车期会还，不用担心hap seng会周转不过而破产

傻人最有傻福

Financial Results

Reference No HS-090224-60714

Company Name	:	HAP SENG CONSOLIDATED BERHAD
Stock Name	:	HAPSENG
Date Announced	:	25/02/2009

Financial Year End	:	31/12/2008
Quarter	:	4
Quarterly report for the financial period ended	:	31/12/2008
The figures	:	have not been audited

Converted attachment :

Please attach the full Quarterly Report here:

傻人最有傻福

Remark:

SUMMARY OF KEY FINANCIAL INFORMATION

31/12/2008

		INDIVIDUAL PERIOD	CUMULATIVE PERIOD
	CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31/12/2008	31/01/2008	31/12/2008	31/01/2008
		RM'000	RM'000	RM'000	RM'000
1	Revenue	742,599	634,664	3,146,209	2,244,456
2	Profit/(loss) before tax	-6,562	723,496	503,382	933,461
3	Profit/(loss) for the period	1,714	690,169	377,219	846,858
4	Profit/(loss) attributable to ordinary equity holders of the parent	-11,275	666,546	313,975	809,981
5	Basic earnings/(loss) per share (sen)	-2.00	115.12	55.72	139.89
6	Proposed/Declared dividend per share (sen)	7.00	53.00	12.00	56.50
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent (RM)	4.0900		3.5800

傻人最有傻福

Remarks :

(i) Thecumulative quarter ended 31 December 2008 was for a period of 11 monthsfrom 1 February 2008 to 31 December 2008, arising from the change infinancial year end from 31 January 2009 to 31 December 2008 whilst thepreceding year corresponding period was for a period of 12 months from1 February 2007 to 31 January 2008. (ii) In relation to item 6 on Proposed/Declared dividend per share(sen) for the preceding year corresponding quarter, the dividend of53.00 sen comprised the following:- (a) the special interim dividend of 41.00 sen less tax and the specialinterim tax exempt dividend of 5.00 sen approved by the Board ofDirectors on 20 November 2007 and paid on 14 December 2007; and (b) the final dividend of 7.0 sen less tax approved by the shareholdersat the Annual General Meeting on 24 June 2008 and paid on 15 July 2008.

tianlong_2020

hap seng 要冲了！！
内幕消息：要收购HANSON！！

miyako86

..........................

马桶盖

Hap Seng 不是炒股。主要业务棕油种植&肥料。有超好现金流。棕油价格大跌，还能发 7-13% 股息。随着棕油价格上升，net profit 由Q1开始不断攀升。estimate will be able to issue 7% total dividend for financial year end 31/12/2009.

刚刚购入沙巴大片棕油种植地，不管作屋业发展还是棕油种植，都看好能让净收入攀升。

aaronkwok

Hap Seng Consolidated
This will probably be the highest priced stock that I have featured... lol. Most investors will only look at Hap Seng Plantations as it is more focused, same goes for research houses. Many will consider Hap Seng Consolidated to be having a finger in too many pies. But seriously, they are in all the right industries.



Year to Sep 2010, the company has made RM275.8m net profit or 39 sen net EPS. Taking in the final quarter, the company should register a net profit of RM348m or a net EPS of 55 sen. NTA is at RM4.41 per share, not revalued.

Hap Seng Plantation's stake alone is worth RM1.3bn at market prices. Current market cap for Hap Seng Consolidated is RM3.97bn.

Issues shares: 622m (RM1.00)
Gek Poh Holdings 56.02%
Lei Shing Hong Investment 10.83%

Market Cap (RM mn) / PER(current) / PER(forward)
Berjaya Corp 4,210.6 / 26.9 / 27.8
Boustead 5,349.5 / 9.8 / 11.9
Sime 52,041.9 / 75.3 / 16.8
Hap Seng Consolidated 3,970 / 13 / 10.2

You can read all about the various business arms of Hap Seng Consolidated below, all performing creditably. Why I chose to highlight the stock now is critical. Actually I was given the tip when the stock was at RM5.50 but as I have said before, great value is not enough for me to post. Timing and catalyst have to be right. If not, its the same as buying into Boustead - although Hap Seng do run their businesses a lot better than Boustead. After checking through my network, there is conformation that we have catalyst and timing.

1) The company is supposedly mulling a 1 for 4 share split, i.e. from RM1.00 share to 25 sen share. Seriously, the Malaysian market loses a lot of investors participation once the share price scale past RM4.00, like it or not. Hence its a worthwhile and very likely proposition.

2) Hap Seng Consolidated has been riding up alongside Hap Seng Plantations owing to the run in CPO. However, if you look closely at the actual volume traded, its more than the usual upswing. This was the same pattern prior to DRB scaling past RM1.50, and we are seeing a repeat of that. Rarely do the volume go past even 1m shares traded even when its going up. On Friday it was 2.5m traded.

3) There is news that the company is going to do a double whammy, i.e. a special dividend together with share split. A figure of 20-30 sen was heard.

4) Its a value proposition as well, even at present levels. If you like Boustead, you should like Hap Seng Consolidated even more given the likelihood of favourable corporate exercises. RM8.00-8.50 is quite reachable as news of their corporate exercises gather momentum.



As mentioned before, many research houses abandoned covering the stock, I could only find one report, and quite well written too, see if you can locate it as well.

Quarry and Building Materials
Benefit from projects. The 2011 Budget announcement had largely focused on construction and development. Construction boom. Even without government support, private initiatives have been burgeoning with many property developments being sold and continued developments. Plans for towers of buildings in the Klang Valley had continued to surface constantly. With the ongoing and even more upcoming developments, demand for building materials could potentially accelerate. Hap Seng Trading was appointed by Malaysian Mosaics Bhd on 30 June 2009 as its sole and exclusive distributor of MML tiles in Malaysia. Recently there was a privatization of MML which indicates value in the company. This hints positively to the segment.

Plantation
Owns 52.53% of Hap Seng Plantations. Hap Seng Plantations is predominantly an oil palm planter in Sabah. It is an efficient planter with large economies of scale. Earnings rerating. CPO prices has increased rapidly over the half a year. With the large increase, earnings of planters are expected to increase substantially. Stock price increase in the industry has currently lagged the potential increase in net profits. Moreover, the USD has been strengthening against the ringgit, giving strength and competitiveness to the CPO against other oils especially soybean oil.Hap Seng is synergistically tied to its fertilizer division as well. High Efficiency. HSP is one of the most efficient planters in the industry with FFB yields of 21.5 metric tons per hectare and an OER of 21.6%. Moreover, HSP has a contiguous plantation which offers far more efficiency and scale than planters with plots of land in various locations. The group has a FFB yield of close to 700,000 metric tonnes per year. The group also operates 4 mills.

Plantation land
The total area of Hap Seng Plantations estates is 39,803 hectares. Hap Seng Plantations operates on one contiguous block of plantation land of approximately 36,354 hectares between Lahad Datu and Sandakan region, in addition to two smaller plantations of 1,276 hectares in Tawau and 2,173 hectares in Kota Marudu. 34,467 hectares of planted area comprises 32,576 hectares of matured oil palm and 1,891 hectares of immature plantings.

Agrobusiness-Fertilizer
Malaysia and Indonesia. Hap Seng’s fertilizer business is primarily in Malaysia and
Indonesia. We do see some growth in the sector with higher CPO prices and as Indonesia’s plantation acreage increases and matures. Currently a very large amount of plantation land is maturing and coming onstream annually. The fertilizer business is complementary and synergistic to Hap Seng’s plantation segment. This is especially the case with rising CPO prices whereby demand of fertilizer normally increases.

Property development
Hap Seng’s property focus has been primarily on low-rise residential properties in major urban centres. Hap Seng’s key development area has been in Sabah. Hap Seng has developments in Tawau, Sandakan, Kota Kinabalu in Lahad Duta. Hap Seng has developments in all 3 key segments including residential, industrial and commercial. Branching out into Klang Valley. Hap Seng has ventured into the Klang Valley in recent years through D’Alpinia located in Puchong. It is located in the fringes of Puchong close to Seri Kembangan and Putrajaya. It is a relatively large development of 76 acres of land and is of a build and sell concept. The units are of modern contemporary design. Phase 1 was launched in late 2009.



Automotive
Hap Seng is involved in automotive through Hap Seng Auto Sdn Bhd,Hap Seng Industrial Sdn Bhd and Hap Seng Star Sdn Bhd. Hap Seng Auto is involved in the distribution of Mercedes-Benz logging trucks, general-purpose trucks, buses, passenger vehicles and spare parts in Sabah and Sarawak. Hap Seng Auto Sdn Bhd is also the sole distributor for Mitsubishi Fuso commercial vehicles in East Malaysia. Hap Seng Industrial Sdn Bhd fabricates and assembles logging truck trailers, tankers and other industrial transport vehicles. Hap Seng Star Sdn Bhd is an authorized dealer of Mercedes-Benz and Smart vehicles in the Klang Valley. In April 2010, Hap Seng Star Sdn Bhd took over Hap Seng Auto Sdn Bhd’s role as the sole authorized dealer of Mercedes-Benz and Mitsubishi Fuso in East Malaysia.

Group synergy
Hap Seng’s property arm plays a synergistic role with the group. Hap Seng’s property arm benefits directly from its quarry & building materials arm and provides the latter with ongoing orders. Hap Seng’s property arm could benefit from lead time, consistency in demand and product quality. Hap Seng’s property arm could also benefit indirectly from their Credit Financing arm as it also serves construction and property related businesses.

Property Holdings
The group’s flagship Menara Hap Seng has seen a high occupancy rate of 94% for its tower block and 88% for its podium. The division continues to contribute substantially to the division, providing it strong cash flows and relatively stable earnings. Hap Seng has a 1.1 acre freehold land adjacent to the building and the 31,000 sq ft 1 ½ storey Hap Seng Star Mercedes-Benz showroom. The showroom has very premium frontage of Jalan P Ramlee and Jalan Sultan Ismail in the Central Business District of Kuala Lumpur. The area has the potential to be redeveloped into a very premium and high visibility commercial block.

hc.goh

这个股。。真是超级牛呀。。。

yky2526

送2紅股‧5配1附加股送1憑單‧合成私下配售20%籌14.6億
大馬財經  2011-01-08 14:24
（吉隆坡7日訊）合成（HAPSENG,3034,主板貿服組）計劃進行私下配售、紅股和附加股與憑單等系列企業活動，籌措最高14億6千275萬令吉資金，以用作擴充現有業務、收購土地發展、資本開銷、營運資本和償還貸款降低負債率。

該公司發文告指出，計劃私下配售最高1億2千453萬2千股或相等於20%股權，每股面值1令吉新股予鑑定投資者。

根據參考售價每股6令吉49仙，合成料可透過上述私下配售計劃籌措8億零821萬令吉，其中2億4千萬令吉為現有業務擴張的資本開銷，另3億令吉和2億6千821萬令吉則作為償還貸款，以及營運資本等用途。

1送2紅股回饋股東

隨後，合成將以1送2比例派送最高14億9千438萬股紅股，將先全數使用配售後的股票溢價賬戶資本化融資，餘額才使用截至2010年10月30日止首9個月總值19億6千386萬令吉的保留盈利資本化進行相關活動，以回饋股東和加強股票流通性。

5配1附加股送1憑單

在完成紅股計劃後，合成將以5配1附加股送1憑單，配售最高4億4千831萬5千200股附加股，以及送4億4千831萬5千200憑單，籌措最高6億5千454萬令吉，其中2億2千萬令吉充作現有業務擴展與潛在土地收購，其餘2億令吉和2億3千454萬令吉則作為償還貸款，以及營運資本等用途。相關附加股和憑單的發售價與轉換價有待確定。

一旦所有企業活動完成，合成注冊股本將從1億令吉擴大至5億令吉，繳足資本則擴大至31億3千820萬6千400令吉，每股淨資產值從4令吉14仙減至1令吉61仙；負債比則從0.78倍萎縮至0.28倍。

wilson1392

这个股出了什么问题？？这两天跌很厉害， 好像吃泻药了