Hai Leck    Last:0.53   -

Hai Leck

SOMETHING MUST BE UP , NOT JUST THE DIVIDEND , BECAUSE THE CHENGS USED 8 MILLIONS TO CONVERT THE WARRANRS TO SHARE, AND FOR EVERY ONE CENT, THE CHENG WILL ONLY GET 68k, SO LOGICALLY SPENDLY 8 M FOR THE DIVIDEND IS OUT. TAKING PRIVATE IS MORE LIKELY.

 

Major shareholder Cheng Buck Poh has opted to exercise and CONVERT 68,186,500 of Hai Leck W180105 at the 13c

convert the W18 so early

 

Picked up.more.wrt today after hai .lack.posted a.strong.hy result...expected future will be brighter...in a bull.market..wrtrreturn.usually better than.mother share...expired in.2018...very long life

edwinjup      ( Date: 13-Jan-2013 07:43) Posted: Just picked up.some.hai leck wrt 2018 for short-mid term play..good oil and gas company with some good projects rewarded recently..mtg hold around 85percent stock thus fall risk is low..and wrt still got five years life and already in money of 9cents...very low premium for a five years wrt...u may wan to invest as a pillow stock if u wan to invest in.oil and gas sectors.

 

dun oway think maybe it will delisted... this is just pure guess...

no difference that you buy toto 1 dollar every week.. and wait you will kena 1st prize 1 day

matrixxx      ( Date: 14-Jan-2013 02:42) Posted: you are right to say that easy to push up the sky, i agree with you   But the real fact is showing us is that it has been too illiquid since your first posting  in this counter Hai leck on 19 Apirl 2010 (0.32 252 lots done) 2 and a half years coming to 3 till now still illiquid,  and price now is lower than 32 cents.  Simply shows that big shareholders are not interested in the share price to rise.   Until there are constantly much better volume of trades, meaning more ppl are buying or selling shares in this counter. If not, there are a dozen more better looking (handsome) counters out there that is not so controlled and boring like hell like this one, lol   If you want, i can give you a few rock and roll counters, hee, take a look at CDW, KTL global, Albedo .... etc serious      ( Date: 13-Jan-2013 22:42) Posted: Illiquid stock easy to push up to the sky, less shares to be sold.

 

you are right to say that easy to push up the sky, i agree with you

 

But the real fact is showing us is that it has been too illiquid since your first posting  in this counter Hai leck on 19 Apirl 2010 (0.32 252 lots done)

2 and a half years coming to 3 till now still illiquid,  and price now is lower than 32 cents. 

Simply shows that big shareholders are not interested in the share price to rise.

 

Until there are constantly much better volume of trades, meaning more ppl are buying or selling shares in this counter. If not, there are a dozen more better looking (handsome) counters out there that is not so controlled and boring like hell like this one, lol

 

If you want, i can give you a few rock and roll counters, hee, take a look at CDW, KTL global, Albedo .... etc

serious      ( Date: 13-Jan-2013 22:42) Posted: Illiquid stock easy to push up to the sky, less shares to be sold.

 

Illiquid stock easy to push up to the sky, less shares to be sold.

 

Illiquidity counter, no pt wasting time, biggest shareholder control the price up or down. Unless he told you where and when the share price is heading, if not, look for better counters

 

Illiquidity counter, no pt wasting time, biggest shareholder control the price up or down. Unless he told you where and when the share price is heading, if not, look for better counters

 

HL is already very well known in the industry , and has been listed for 5 years and never even borrow from banks.

HL has almost zero debt. 

 

edwinjup      ( Date: 13-Jan-2013 15:53) Posted: As a listed company..itnis more easily to get loan for future development..the.bank will knock your door and provide lower interest rate than a small.private firm. And as a listedncompany .more easily to.get.big projects also.. serious      ( Date: 13-Jan-2013 15:47) Posted: Only 15% in public hands , no big deal to privatise. No reason for ChengBP to remain the listing status of HL, A waste of   resources. Q reporting, Maintaining 3 IDs, priting of ARs , keeping records of shareholders, comply with MAS and SGX rules............................

 

As a listed company..itnis more easily to get loan for future development..the.bank will knock your door and provide lower interest rate than a small.private firm. And as a listedncompany
.more easily to.get.big projects also..

serious      ( Date: 13-Jan-2013 15:47) Posted: Only 15% in public hands , no big deal to privatise. No reason for ChengBP to remain the listing status of HL, A waste of   resources. Q reporting, Maintaining 3 IDs, priting of ARs , keeping records of shareholders, comply with MAS and SGX rules............................

 

Only 15% in public hands , no big deal to privatise. No reason for ChengBP to remain the listing status of HL, A waste of   resources. Q reporting, Maintaining 3 IDs, priting of ARs , keeping records of shareholders, comply with MAS and SGX rules............................

 

If they wan to.private it..then they will.not issues the wrt 2018 recently..and if really do so..they need to buy from us all shares before it can be delist ..

serious      ( Date: 13-Jan-2013 15:11) Posted: Yes stock will be suspended when the chengs own more than 90% , but the chengs will take it private when they want to suspend it. Who else can own more than 90% besides the chengs .

 

Yes stock will be suspended when the chengs own more than 90% , but the chengs will take it private when they want to suspend it.

Who else can own more than 90% besides the chengs .

 

Hi.. please take note there is a risk where the public float less than 10%... stock will suspend...

then u will be locked in there long time

serious      ( Date: 13-Jan-2013 14:58) Posted: The only Oil and Gas play being trade below NTA due to limited free float ( 15% ). The Cheng family need to own another 5% to take   this company private and delist it.

 

The only Oil and Gas play being trade below NTA due to limited free float ( 15% ).

The Cheng family need to own another 5% to take   this company private and delist it.

 

Just picked up.some.hai leck wrt 2018 for short-mid term play..good oil and gas company with some good projects rewarded recently..mtg hold around 85percent stock thus fall risk is low..and wrt still got five years life and already in money of 9cents...very low premium for a five years wrt...u may wan to invest as a pillow stock if u wan to invest in.oil and gas sectors.

 

Trade receivables + Current cash on hand - Current liabilities

 

 

serious      ( Date: 23-Nov-2012 16:13) Posted: How do you obtain the net cash of 12c and forward PE of 3.5 ? BV of 27c is spot on.  propertyinvestor      ( Date: 22-Nov-2012 09:38) Posted: Net cash company of 12c per share. Backed by order books of around 70million including the recent Tank storage construction contract. Future profit to be around 22million spread out over the next 3 years. Forward PE around 3.5 Book value around 27c.   Looks cheap for an O& G play

 

Due to the stock illiquid and SGX common trading minded and not investment minded market characteristics.

mcking      ( Date: 22-Sep-2012 09:55) Posted: The company has just announced a warrant issue.  Hopefully, this will be able to stir some interest into this highly undervalued but illiquid stock.  Cash is 90% of the company's market capitalisation but yet no one seems to be interested in this stock.

 

How do you obtain the net cash of 12c and forward PE of 3.5 ?

BV of 27c is spot on. 

propertyinvestor      ( Date: 22-Nov-2012 09:38) Posted: Net cash company of 12c per share. Backed by order books of around 70million including the recent Tank storage construction contract. Future profit to be around 22million spread out over the next 3 years. Forward PE around 3.5 Book value around 27c.   Looks cheap for an O& G play

 

Quein to buy at 20c