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HI-P INTERNATIONAL LIMITED
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JSmember
Member |
03-May-2019 18:50
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Sad to say that if you consider yourself knowing Hi-P business well would not have make such a remark. I suggest you dyodd before blasting at those who state the fact and speak their mind on matters that you do not like to read on this thread. Hope the ignorant are not been mislead by hidden risks and facts that cannot be easily noticed and take assumptions and speculatiions as being true and will eventually happen. I do like to see retail investors/ traders make money from trading as they cannot afford to loss their hard earn money. Happy trading  
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WL123456
Supreme |
03-May-2019 17:00
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Yup, I agree on this point as today is Friday and prop Traders are reluctant to hold position over the weekend . Next week will be better .
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WL123456
Supreme |
03-May-2019 16:57
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Actually those who are interested in Hi P also do need to take note that they haven?t announce any contract yet . I believe it?s soon. The tech sector is bottoming and contracts are incoming as seen from AEM announcing a $209 mil contract . | ||||
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sipac65
Member |
03-May-2019 16:46
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Agree with WL123456. You miss out main points :-  1) Chairman/CEO speech ( you must read carefully)  2) Unforeseen Event like trade war 3) Investors often not sure due to Complex issues or unpleasant events arising from war  For example, Hi-P reaches highest 2.79 then drop steeply despite very good quarter result reports . That is beacuse Trump makes his threats real and imposed alot tariifs, Share drops all way down to 0.73. That affects Hi-P but mgmt is very good in sailing through high turbulence and shows 100million profits for 2018. Result report cements strong finance no matter trade war. Only if Trumps lifts up tariff huge impact of cos. but we dun know when....
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Straight-Forward
Member |
03-May-2019 16:39
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I concur with WL123456. In this treacherous economic time with the trade-war between US and China, Hi-P' s management must be given credit for increasing both the revenue and net profit. In the same period, they also generated positive cash flow and was prudent to reduce their bank loans. Help me understand If Hi-P is not a more than decent company, then what is?! Imagine what Hi-P can deliver in Q2 and then H2, once the Sino-US Trade Agreement is inked in the near future and the major global Tech companies like Apple get back to their Business-as-Usual!! |
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cucina
Master |
03-May-2019 15:47
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I agree with u.   Very decent performance from Hi-P. Perhaps punters waiting for Analysts to say their piece before putting their money down.   Today is Friday so there&rsquo s some reluctance to take position. I do feel it will rise next week.   Btw, thanks to Master Yuan for your wave analysis. 
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WL123456
Supreme |
03-May-2019 15:23
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Hi professor rhhleex1, thanks for your sermon. Your preaching will be better understood if you provide figures/trends/announcement/TA/FA analysis . Otherwise maybe you just sell and invest in fixed deposit than no need what lion heart what hurricane storm :).
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WL123456
Supreme |
03-May-2019 15:18
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What talking you lol. Now it?s 145,146. You should rest easy and sleep with high pillow with no worries . How many companies in today?s business climate bring in positive cash flow of $49.2mil? One of the most critical component of a company health is the operating cash flow . If there?s too much of it , it?s certainly not good as they do not know how to deal with their spare cash . For Hi p , the increase in cash flow is healthy and when you take into account Hi p paid off $61 mil in bank loans , this company has done very well in 2018/2019. Youvtake this result and compare to those components on the sti, how many can match this performance ? When there?s trade war , most companies in Singapore will announce operating loss , don?t even think about increase in net cash . This company actually has net cash and is planning to use it to grow it?s other business segments. Revenue increase by 2% when most companies with majority of their plants in China announce operating loss due to the trade war. How can this company be consider high risk ? Then what?s Low risk ? Go bank put fixed deposit better right ? Hahahahah.
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rghleex1
Master |
03-May-2019 15:03
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gd to have the heart of a lion in bull run, but more impt is to have the instints of ants n birds when hurricane is approaching, part of learning n growing, dont just look at data, figure, charts though they are gd stuff | ||||
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chanbs
Elite |
03-May-2019 15:02
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143 will not hold much longer if this continues ...  | ||||
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rghleex1
Master |
03-May-2019 14:56
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if it is a dead horse, quickly get down n ride another horse, let the faithful hanged on to the thin lifeline | ||||
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WL123456
Supreme |
03-May-2019 14:48
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Your comments show how unfamiliar you are with Hi P business lol. I think you better do some homework before you post .
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rghleex1
Master |
03-May-2019 14:42
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not so simple as just follow TA, it is all in the hands of traders, expect for the least expected! | ||||
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investlin78
Senior |
03-May-2019 14:02
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Could it be worse after xd on 8 May? | ||||
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rlong8288
Master |
03-May-2019 13:55
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falling down, falling down | ||||
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rghleex1
Master |
03-May-2019 13:52
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london bridge is falling down | ||||
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positivity88
Veteran |
03-May-2019 13:30
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waiting for end of day announcement.. if only we had the news live.. if got daily share buy back = bullish as will have some buying support till dividend up to tuesday.. no share buy back then i will be bearish.. note that last year they share buy back straight after results announcement. but market then bearish and even with share buy back price still go down.. so if with share buy back still go down u know u need to cut loss liao. | ||||
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chanbs
Elite |
03-May-2019 13:15
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back to 145 ... question is is it real or just artificial support ?  ![]()
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SgYuan
Supreme |
03-May-2019 12:36
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Current EW day chart still valid - px holding at 143 dn 61.8% see chart - if break this then dangerous, goes into deep retracement - if uturn then w3 - set proper cut lost line ![]() Main EW ![]()  
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JSmember
Member |
03-May-2019 12:31
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The current results have proven that Hi-P is a very very high risk company, the financial statements had shown clearly that the 10.7mil profit is merely a reversal from accrued expenses and not being explained by management, without this reversal Hi-P is hardly breakeven. Most of the problems had already been mentioned by Joleen, Hi-P is a counter that any serious investor will never want to buy.  The previous drop to below $1 is not without any reason Apple already forecast bad sales for its Handphone and going into other new lines to boost revenue. They should had already commited to other reputable and established vendors for their new business. Why should any company want to wait for a company with no experience and need time to build up their facility to do their new buisness.
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