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  lionel messi Smart money accumulation phase over. Looks like taking off soon. Fasten your seat belt guys. 02/11/2023 12:16 PM lionel messi A few months? Cool. Suspect there must be something brewing underneath to catalyze and sustain the uptrend. Just sit tight and auto cruise. Life is great and peaceful. Cheers to all stakeholders. Keep up the good work. 06/11/2023 9:06 AM Sardin A lot of "fundamental" investors overlooked this stock because of bumpy EPS from 2015 to 2023. This roller coasting EPS could be the reason that washes HLIND out from their research list. What they might not know is sudden drop of EPS in 2017 is masked behind the loss materialised when sold out the inflated tangible assets of the prolong loss-making paper factory. It did not reflect the actual overall performance of HLIND. This is how I interprete performance for year 2017: actual EPS should be more or less close to FY2016 with a trim on the net asset which are not productive. Whereas 2020 and 2022 were hit by plant fully/partially shutdown during MCO which are non-fundamental related and non-repeatable. Fundamental of the company has not be shakened actually and large retained profit has been accumulated since 2019 (NTA increases from RM 5.17 to RM 6.45 excluding non-controlling interest). In addition on that, with much cheaper energy and raw material price and higher selling price compares with FY2023, earning for FY2024 is almost certain to increase further. The accumulated cash is also earning a better return because of higher interest rate. Tile business will be back to normal and quite profitable in 2024. That's I think is the better reason while a lot fundamental investors miss this when they rely on apps to filter for growth of EPS and steadily high ROE. 06/11/2023 11:47 AM Sardin Based on the best info I obtained and my own judgment, this is what I think possible to happen: 1. Scrap the plan of new tile plant 2. Allocate the capital to the new capital-intensive business It is so boring here looks like other people do not have anything to share. 14/11/2023 4:01 PM lionel messi I supposed most have nothing to share because this counter is too low profile, peaceful and safe. Not like those goreng dodgy stocks. As the saying goes no news is good news. Boring is the new sexy. Eagerly awaiting their upcoming quarterly result. Cheers. 15/11/2023 7:53 AM lionel messi Offseason now bro. Now back in Argentina for holiday and following HLI from here. Thinking of dumping all my money into this undervalued gem. The ringgit is so cheap also. What say you bro? Cheers. 15/11/2023 11:16 AM Sardin Hi Lionel, to be frank, that is not a good idea. While HLIND is undervalued, don't put more than 5% of your wealth in this stock. Otherwise your money will be controlled by HLIND instead of you controlling your money. You know what I mean. Diversify your investment into equally good alternatives to preserve your freedom and peace of mind. I agree with you that we should sit back, read the coming quarterly report which I think earning will be decent, and see how much dividend is to be announced. For the time being, the best thing to do is probably doing nothing and guess the amount of interim dividend that is coming soon. 15/11/2023 10:12 PM Sardin Here are my other thoughts: 1. Sources say that HLIND is preparing to get involve in global EV business, partner with someone (probably to have access to the technology required). Well, I think this is not surprising because the big guy is not doing charity paying over 3 million ringgit a year to the managing director to sit there running "grocery business". 2. So far the expansion of the 400 mil RM new tile plant has nothing contracted. What I think is that HLIND might have a more attractive alternative / option so this is put a side and might finally be cancelled to give way to that more attractive investment. 3. Whether or not the 400 mil RM tile plant is to be materialised, tile demand is growing and will gain traction because Indonesia is moving to a new capital (East Kalimantan). This will spur the demand for high quality tiles and West Malaysia has the advantage as a close supply to the construction site. That's are my 2 cents. 15/11/2023 10:25 PM Zoemee Hong Leong Industries Bhd expects a successful financial year as motorcycle demand rebounds.The company recorded a net profit of RM87.67 million in the first quarter ending Sept 30, 2023.https://www.instagram.com/p/Cz2tE0hhKn8/?img_index=1 24/11/2023 3:10 PM lionel messi After all the excitement in UP, next playground is here right Sardin? 30/11/2023 9:57 AM Fabien _the efficient capital allocator HLI wishes to inform that the Proposed Disposal of HCB has been completed today. Upon completion, HCB has ceased to be a subsidiary of HLI. The Proposed Disposal was completed for an Estimated Purchase Price of RM76.13 million. 07/12/2023 8:21 PM observatory HLI disposed HLI Trading Limited to a related party. This came after the disposal of Hume Cemboard Industries 6 months ago 12/12/2023 6:33 PM chamlo Why HLI not moving like UP? Sardin Hi Lionel, I shifted my focus and got too immersed in UP. 3 weeks ago 28/12/2023 9:40 AM lionel messi Just collect the almost 60 sen dividend every year for a yield of above 6% and sit patiently. Stock market is not just a stock picking game. It is also a waiting game. 29/12/2023 2:29 PM lionel messi Easy peasy. Just work hard and grow your day job. Good stocks will take care of itself. 09/01/2024 9:50 AM HarryBottle Here are my other thoughts: 1. Sources say that HLIND is preparing to get involve in global EV business, partner with someone (probably to have access to the technology required). Well, I think this is not surprising because the big guy is not doing charity paying over 3 million ringgit a year to the managing director to sit there running "grocery business". 2. So far the expansion of the 400 mil RM new tile plant has nothing contracted. What I think is that HLIND might have a more attractive alternative / option so this is put a side and might finally be cancelled to give way to that more attractive investment. 3. Whether or not the 400 mil RM tile plant is to be materialised, tile demand is growing and will gain traction because Indonesia is moving to a new capital (East Kalimantan). This will spur the demand for high quality tiles and West Malaysia has the advantage as a close supply to the construction site. That's are my 2 cents. Hi Sardin, may I know why do you think the Tile business will improve? Any insights on this business/industry? 11/01/2024 5:47 PM lionel messi Welcome Harry. You are in a good place. Yes, Sardin is a great guru. Would love to hear from him but he may have found an even better place. We are on our own now. Can only hold on to his past wisdoms. But stick around. May turn out to be a gem. 15/01/2024 8:52 AM Fabien _the efficient capital allocator 3 billion market cap company. of which 1.6 billion net cash. generates 280-300 million annual profit. very profitable company at cheap valuation. HOLD. 15/02/2024 4:15 PM DividendGuy67 This one is certainly a "should own" stock. The only question for me is "how much?" That depends on your objective, your risk tolerance, what is your investment philosophy and strategy. I have mine where I am highly diversified, where my neutral position is around 3% capital. And this one should be neutral. My only complain is why Quek has been hoarding cash for the past 9 years - what exactly are his plans? Having said that, if you are feeling speculative - note the 6 year triangle consolidation. Within the next 1-2 years, there should be some kind of a breakout. Happy reading - http s://dividendguy67.blogspot.com/2024/02/hlind.html. 18/02/2024 8:08 AM lionel messi Cool. Meantime just shake legs and collect the decent yearly dividend. Life is peaceful as it should be. 20/02/2024 11:10 AM Fabien _the efficient capital allocator Wait for management to sell their non-core assets of Guocera tiles business and more bumper dividends for us. 21/02/2024 7:53 PM DividendGuy67 Fuiyoh .... 50 sen special dividend beat my expectations so, so, nicely! Total dividend this year is now 70 sen. At current price of 9.57, that's still easily above 7% dividend yield. I am applauding management and the board for not hoarding the cash! Bravo HLIND! 21/02/2024 10:51 PM DividendGuy67 @raider, you echo my thoughts - double before 5 years is a majority scenario in my book too, especially after this Special Dividend landmark decision. For the first time, in a very long time, HLIND finally decided to share more of its cash with shareholders. Truly landmark. Now is only Q2, and total dividends 70 sen, highest ever (at least past 10 years). Nice increase from the previous 57 sen too. This is how dividends should be managed. Hence, can recommend higher than neutral position for long term investment. If the price fall, you'll find me there to support and accumulate to be higher than neutral. 21/02/2024 11:04 PM Leesa688 So they are listening to all the earlier comments of giving higher dividends. 22/02/2024 11:44 AM observatory The Board deserves praise for returning unused capital to shareholders through special dividend of 50 sen. The total amount of special dividend is about RM157m, which is greater than the proceeds from disposal of HLIT (~RM36m) and HCB (~RM80m). But RM157m is only a small fraction of the latest company net cash at RM1.7b As I’ve commented earlier, the share price will re-rate upwards if the Board returns more cash to shareholders. Today share price movement has just confirmed the point. To reiterate my earlier comments, let’s compare against Bermaz Auto, which is probably the best run automotive local company. BAuto trailing twelve month revenue was about RM4b, supported by a net cash position of about RM400m, or about 10% of annual revenue. Applying the same standard, HLI’s annual revenue of about RM3b needs only about RM300m of net cash as working capital. It could safely return RM1.7b - RM300m = RM1.4b of cash to shareholders without affecting its business operations. That works out to be about RM4.5 cash per share. According to Kenanga, the passenger vehicle sector’s average forward PE is about 11 times. Applying this average, the share price is still worth 11 x RM0.927 (Kenanga’s 2024F EPS) = RM10.2. In other words, if the Board is willing to put cash to better use, conservatively the share price could be RM10.2 plus special dividends of RM4.5! This has not even taken into account of HLI’s dominant market position. Besides, by showing it cares about minority shareholders' interest, it could enjoys an even higher PE multiple. Moving forward, I hope the Board could give greater clarity to shareholders and the market how it would best utilise its cash. 22/02/2024 12:56 PM Fabien _the efficient capital allocator They can return more cash to shareholders. They have abandoned their plan to expand Guocera tiles business. Looking at this, it's more likely they will dispose of this non core assets following recent disposals. Their annual operating cash flow amounts to at least RM500mil. This is enough to fund their entry into auto spare parts business. 26/02/2024 9:10 PM observatory @Fabien, may I know where did you get the announcement that they abandoned the Guocera expansion plan? 27/02/2024 4:12 PM DividendGuy67 HLIND closed 10.94, touches 11, +2.24% after ex-div 50 sen dividend recently. What an amazing counter. Thanks for HLIND and 22 other green stocks to offset 12 red stocks, my portfolio made all time high again today! Thank-you Mr Market! 08/04/2024 11:14 PM SGX6138 Congrats! This is really a good counter and a wonderful business. Let's all make money from here. 16/04/2024 9:31 PM  |
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