Latest Forum Topics /
Hong Leong Asia
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New era, future is looking brighter
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Lobster
Elite |
08-Apr-2021 17:14
Yells: "Even Adam Khoo believes in the Black Market!" |
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Yesterday up almost 11%, today down less than 3%.. Not bad lar. KLP probably too confident, and went for early teabreak when tshorties enter through the back door. Tomorrow, probably will punish them.  | ||||
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ahberngh
Elite |
08-Apr-2021 17:08
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Game over for this round. Next round should propel us further towards $1. Hope next round will start soon, maybe as soon as tomorrow if shortists cover on Friday. |
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Lobster
Elite |
08-Apr-2021 12:21
Yells: "Even Adam Khoo believes in the Black Market!" |
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It' s the underground lingo of telling people to do with due diligence, kind of caveat emptor to protect ourselves, haha, not that I anyhow said,.. you can see for yourself HLA doing well![]()
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ahberngh
Elite |
08-Apr-2021 10:12
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Pardon my ignorance, what is " dyohwadfb" ? ![]()
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Lobster
Elite |
08-Apr-2021 10:06
Yells: "Even Adam Khoo believes in the Black Market!" |
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Don' t worry people with short legs today. They cannot reach the long poles. Not only 90 will easily hold, i think it will close green today. Wait for some wonderful news coming out from China soon.   dyohwadfb |
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ahberngh
Elite |
08-Apr-2021 09:43
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Looks like if no new buyers 90c may not hold. Have to attack $1 another time. Hope I am wrong. |
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ahberngh
Elite |
07-Apr-2021 21:23
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Agree on that. Current nav of 1.17
will certainly increase significantly.
So price may surpass the current nav.
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Lobster
Elite |
07-Apr-2021 19:30
Yells: "Even Adam Khoo believes in the Black Market!" |
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This one is no longer a one night stand, because as far as I know, there will be plenty of movements not only from China, but here. Don' t look at the nav, because the price will surpass the nav when   the fire spread to the open. once again, no fire if there' s no smoke. but please, dyohwadfb  |
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ahberngh
Elite |
07-Apr-2021 19:22
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Today close at 91c, up 8.5c. Next stop $1. The question in my mind now is this: how strong is the current run.Will it continue directly to attack $1 or will the price retreat below 90c, rest a while before attacking $1. Wait and see. |
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superstartup
Supreme |
07-Apr-2021 13:43
Yells: "Enjoy doing Fundamental Research" |
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Can still buy? Got more upside? Keep staring, but not sure accumulation or distribution.   |
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ahberngh
Elite |
07-Apr-2021 13:17
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With problems in US-China relationship, a dual listing is welcomed and likely. The current primary listing is in NASDAQ. |
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SmallSmall
Supreme |
07-Apr-2021 13:02
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CGS-CIMB has initiated " add" on Hong Leong Asia (HLA) with a S$1.18 target price. This comes as the research house forecasts net profit after tax growth of 54 per cent in FY2021 for the group. As the trade and industry arm of Singapore conglomerate Hong Leong Group, HLA operates under three key business segments - diesel engines, building materials, and rigid plastic packaging. At its current price, investors are paying for HLA' s diesel engine segment while getting its building materials segment for free, CGS-CIMB said. As at the midday break on Wednesday, shares of HLA were trading 9.7 per cent or eight Singapore cents higher at 90.5 cents. CGS-CIMB expects HLA' s China diesel engine business to ride on policy tailwinds, with pre-buying ahead of the nationwide implementation of National VI engine standards in July 2021. Profit for the segment is anticipated to see 30.8 per cent year-on-year growth in FY2021. HLA' s diesel engine business is operated by China Yuchai International, which is 44.7 per cent owned. Despite being a market leader in China, China Yuchai is trading at 5.6 times the research team' s earnings estimates for the 2022 calendar year, a significant 60 per cent discount to its peers. A potential secondary listing of China Yuchai in Hong Kong or China could be a re-rating catalyst for HLA. Assuming the discount versus peers is narrowed to 30 per cent, CGS-CIMB' s target price for HLA will rise to S$1.33. As for HLA' s building materials business, CGS-CIMB expects the segment to recover as construction activities resume. The segment' s profit before tax is expected to grow by 72 per cent to S$21.9 million in FY2021, according to CGS-CIMB' s forecast. |
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Lobster
Elite |
07-Apr-2021 12:24
Yells: "Even Adam Khoo believes in the Black Market!" |
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Like they say, there got to be a fire, if you see smoke. Still maintain today' s momentum, as many more buyers emerge to queue. 
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Lobster
Elite |
07-Apr-2021 10:30
Yells: "Even Adam Khoo believes in the Black Market!" |
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No more under the radar. High volume for a seldom traded stock, more than 6% increase today. Easily a one dollar stock. But please don' t want it to overrun. Nice and easy.  
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MarcLim
Veteran |
07-Apr-2021 10:16
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Power. $1 coming but need to rest a while after today.
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ahberngh
Elite |
07-Apr-2021 10:07
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This one, the Kweks own about 76%, free float 21.5%, total shares 747M, nav 1.17. Looking at the numbers, possible privatisation by the Kweks. But, once the baseline of about 90c is established for a few months, even if privatised, I don' t think minorities can be low balled by much. Furthermore, I don' t think the Kweks will privatise neither are they out to undermine minor shareholders. If they want to privatise, could have done it when the price was in the 40s-50s. Just my opinion, I may be completely wrong,   please dyodd. Vested. |
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SmallSmall
Supreme |
07-Apr-2021 09:52
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High goes higher......let' s see if it can hit $0.93 follow by $0.95 and perhaps $1.00 tomorrow? | ||||
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Contratrader
Elite |
07-Apr-2021 09:48
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90/905..can it run like Hong Fok? | ||||
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ahberngh
Elite |
07-Apr-2021 09:48
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90.5c, up, up up, away we go. | ||||
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Contratrader
Elite |
07-Apr-2021 09:32
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CIMB initiate with ADD and TP of $1.18.. | ||||
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