Hiap Hoe    Last:0.515    +0.005

Looks like on an Uptrend

Hi All,

Positive news for HH invetors, there is an exercise of warrant to share which increasie share capital from 245m to 274m. Sudden surge in interest??? Interesting!!!!

 

this has got to be the ultimate in rational (or should it be lunatic) investing: but yes. TA-wise, i concur with singaporegal. Does not look bullish.

Note tho that TA is almost wholly inaccurate for this counter. too cornered and vol too low.

still say up tho. let's see what's right. techs or psych. experiment time. keke.

thanks shplayer for the news. something to look forward to.  

eh, this little guy is new. what does he do? let's try....

 

Hi Vic, thanks for the info and details breakdown, very enticing from the data provided. Will definitely keep a look out on this counter under my list of stock to monitor and buy when appropriate.

 

Hi maxliukt,

I think the TA signals are not very bullish right now. But note that this counter has low volumes so my TA interpretation may not be accurate.

 

elfie,

Ho Bee reported 1Q results today and its very positive. I think it will have a positive impact on hh.

 

Hi Elf

having a relaxing afternoon?

My guess is also up.

 

argh! silly me! been going through the bu/sd data and previous records. just realised what's happening with this baby. argh, shd have guessed earlier. my bad.

anw, won't say why first but my guess for likely direction of major change: up.

anyone wants to side-bet???

heehee.

 

eh bro, i thought your very own bb is due, still got time to worry abt the BBs ah? haha.

anw.

RSI, Williams increasing. chaikin showed slight up, A/D is down. Candlesticks show slightest of beginning of uptrend (note this tool abt most accurate for dang counter). Accurate as for friday. bu/sd reads down for today.

Up to investors to make sense of the above whether up or down.

i say don't guess, wait for signals to clear.

 

maxliukt, signals are actually mixed: some read down, others start of up. 

wait and see close of today for confirmation.

 

hi singaporegal, does this mean its going up? thanks

 

Bollinger bands are tight.... large price change may occur

 

Victorian, how about BBR?. Is it worth buying? Thanks..

 

 

Hi Victorian,

I am not good at FA but may I know whether you have considered Heeton as well  ? Thank you.

 

Thanks Elf for your view. Will do some reseach if I want to put some $$$ on the table. Cheers.

 

yeps, when i have FA qns, will ask. thanks in advance. hehe.

and haha, yea. i couldn't give more figures on HH either since nothing much changed since the last report. which fits in with the game going on now, really. Silence unnerves the small fries, BBs keep price under tight control and depression, small fries panic/give up and sell, and BB mop up free float.

it's always the same story all over. just different variations. of course, we still can't loosen our guard tho. must always be wary.

k, tata for now. see youuu!

man, i love this emoticon. i'm gonna make it my SJ signature. hehe.  

 

Elfie,

No problem.......just ask.

But for HH, I have nothing more to add to you post at this time. Will keep you posted when more data is available to crunch out more numbers.

 

thank you, shplayer!

muahhahaha! that means i'm right!

haha. ok, but seriously, i really do need to learn more FA. my skills there are still very weak. shdn't be relying so much on you and vic. not good for myself.

 

Elfie,

  

Very well done!!!!!

 

ehh...winsontkl, ref to the past posts in this thread leh...vic and i have more than elaborated already...

pls note that i'm never 'bullish' or 'bearish' on a stock. i simply try to call what the trend is, and follow it; rather than trying to irrationally second-guess (all the 'what ifs') or impose my will on it or whatever. if hh drops below my threshold, i'll still cut it like any other stock. I attach no sentiments at all.

but ok, rather than techs which i've given, let me talk via FA now. Why the trend reads up to me: if it's comparative data you want: PE ratios of the local prop plays as follows, accurate as of 3rd May (go see straitstime money section for verification):

HH: 19.3

AG: 33.3

HB: 17

CapLand: 23.1

Kepland: 33

WT: 19.3

From this you can see that HH appears to be low/middle-end in its industry sector. Note however that all the above, except HH, have officially launched properties. ie, their PE ratios takes into account already all the props that they have launched this year and last, except hh's.

Now, HH has only soft launched one (sold 100%), and 3 more in the works (cuscaden royale looks to be selling out before soft launch). ie, a revaluation of the PE ratio is most probably going to be in the pipeline. same way as HB did prior and after Sentosa Cove.  

it follows then that upon rerating of PE ratio lower (due to higher EPS/NAV/NTA by working in the values of the sold props to the bottomline), stock is going to be undervalued. Hence, even if it rerates to this current of 19.3, which is WT's current ratio, the upside is clearly there already. (props trade btwn 20-30x PE ratio normally)

Note: have left out UIC--PE of 8.5x only--since i'm not sure if it launched anything; plus, it's skewed parameters 'cos of UIC building once-off extraordinary gains, so can't be used as comparative perhaps (?). 

A better measurement perhaps is if someone has HB's PE ratio and EPS from mid of last year, cf to its ratio and EPS now? That should give you a gauge of what HH's upside will be via FA.

gege. my first foray into explanation via FA. how did i do??? hehe. shplayer, if you are able to correct me as well? wld be much appreciated. :) esp since i don't have the EPS etc data, so i can't calculate what the revaluation is likely to be. hehe.  

 

 

Hi Elf, have been monitoring this thread (complement of Vic), however notice the price has shot up from 60 over cents and its at its consolidation phase. What make you son bullish that BB is going to give it a good push?? Care to share? Still considering whether to enter, market too HOT!!. Cheers!