Halcyon Agri    Last:0.41   -

Hidden Gem

ew w0 265 w1 290 w2 265
ew reset
volumn low
wait for next wave

 

px in zone 270 290
if w2 270 hold
then w3 come

 

I regret posting. Seems someone watching and buying now. Should let it crash

 

Yes just put in my WL
Will load some at below 25. Think can get cos many sellers and undemanding.
Huat R!

Lobster      ( Date: 08-Apr-2021 12:34) Posted: At this price is a must buy. Buy and wait a little , just a little while. Be patient  Shifu8888      ( Date: 08-Apr-2021 12:28) Posted: Hope to see 25. I will remember when 25 or lower

 

At this price is a must buy. Buy and wait a little , just a little while. Be patient 

Shifu8888      ( Date: 08-Apr-2021 12:28) Posted: Hope to see 25. I will remember when 25 or lower

 

Hope to see 25. I will remember when 25 or lower

 

Be patient. This may be next on the agenda. Below 30 will be history..

 

rubber futures up (biting action in counter over past days)
signs of life to come

new story -> possible delisting due to parent company restructuring to unlock value

hopefully it goes back up to pre covid 45 cents

funny though, rubber futures have been much much higher every since june 2017

maintain that it is super undervalued
if i am parent co, delisting it is best since low float cheap price

 

one of the most underrated rubber play with deep plans rumbling

 

Let us share any info on this counter and on rubber. I saw Halc 1 report in 2019, they have big plan, acq 100k hec land in Africa, 38 k hec are planted w rubber yrs bk, harvested gradually this yr 20+k MT, full in 5 years ard 65k MT in 2026. Has plantation community of African too setting up school etc like small town, in a way helping local community. Some market reports state that, not much new lands planted w rubber since 2014 due to low price etc. In Msia, lots convert to oil palm. So coming supply cant cope w demand as rubber tks 6 yrs to produce. Price of rubber coming yrs shld b gd. So if this counter like normal one, worth to hold long term. Lets see in 2 qtrs how it is.

 

In fact low share price not gd for company as loan borrowing may face issues. Would the price goes bk to preCovid, it will be verified in 2 qtrs. The results shld be gd as price and volume are both gd esp in May & June futures as i stated earlier. Price shld move bk 40+. If price not moving, no point to keep further.

 

Try to monitor the bid and ask chart, you can see that a lot is going on for this stock.....a lot of 100 shares (1 lot ) purchased can be found on this stock for these past few days....

 

  In fact no use to hold cos from the in out chart, the price look like being controlled. UOB KH and GoldSach buying in n selling out at 1 to 7 lots which mean only in share of 100 up to 700 to control the price and from the chart, large volume can suddenly pop out of no where just to create the volume but when the price is reached, the volume just disappear. So look like no matter wait how long, as long as they keep playing with the price and volume it will not raise and continue to fall. Lastly, the company also no feel like doing anything to push up the price.... no notice or even news to mention on the high rubber pricing. Look like insider is letting the price fell and accumulated....... 

pthbrkr      ( Date: 10-Mar-2021 09:23) Posted: I?m as puzzled as you. Stanley70      ( Date: 08-Mar-2021 22:58) Posted: One of world biggest rubber producers but share price does not reflect that :( even rubber price at $1.7+/kg. Co management shld support and brief more on the co performance fr time to time.....if in US, easily US0.5 - 1.00.

 

Just to update, the demand of rubber in May & June now almost double as can be seen from SGX tranc. Now both ave more than 2500 units x 5 MT = more than 12,000 MT daily each for May & June. Those hv holding power shld wait for 2 more qtrs results. The current share price does not reflect. When volume & price are both up. Hal shld do much better.

 

I?m as puzzled as you.

Stanley70      ( Date: 08-Mar-2021 22:58) Posted: One of world biggest rubber producers but share price does not reflect that :( even rubber price at $1.7+/kg. Co management shld support and brief more on the co performance fr time to time.....if in US, easily US0.5 - 1.00.

 

One of world biggest rubber producers but share price does not reflect that :( even rubber price at $1.7+/kg. Co management shld support and brief more on the co performance fr time to time.....if in US, easily US0.5 - 1.00.

 

https://www.malaymail.com/news/money/2020/11/13/global-rubber-price-to-rise-in-h2-2021/1922288#.YEJO_8u_-1E.link link saying rubber price moves from 170/kg to 240/kg, dont take in all but for ref.

 

This is slightly diffetent time as rubber price & demand volume are now 'cheong.' Can see fr daily/FUTURE TSR20 tx table. China growth expected 8% this year although set at 6% by gov coupled w this co has China connections, presence there. No reason Hal cant perform next 2 qtrs. I will hold for 2 more qtrs, if still the same, then no point.

 

So far, I noticed none China company in SGX showed good result and add value to shareholders. Welcome to be corrected.

n3wbie      ( Date: 02-Mar-2021 23:36) Posted: I' ve noticed over the past years, this stock always has some interesting movements but the trend for TSR20 is positive as mentioned. The balance sheet however is weak, which is masked by their perpetuals, of which half are accounted as equity. They' ve not done well, in terms of generating shareholder returns over the years. Remains to be seen what the Chinese owners are going to do with the company.

 

It is actually 25,000 metric tons and 60,000 tons, typo error. Tyres will be produced more in 3rd world country, lower in cost, this will promote higher sales and higher demand in rubber in near future. Recently, EVs are new direction. Every new EV car needs 20kg rubber and compared to tyre change per car per year is 7kg. So more new cars, more rubber used. Giving 2 qtrs will be able to judge if this counter is growing w TSR20 price. Especially May, can see rubber future sales peaks. Hopefully more demand peaks coming.