Hock Lian Seng - Too good to be ignored

Rock
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7 years 1 month ago #23652 by Rock

Replied by Rock on topic Hock Lian Seng - Too good to be ignored

HOCK LIAN SENG – 12th March 2017

MY post on Hock Lian Seng on 7th March 2015:

Good Profit Margin
FY 2012 - *Revenue =$104.35m *Net Profit = $25.26 *Pf Mg = 24.2%
FY 2013 - *Revenue =$86.7m *Net Profit = $23.9 *Pf Mg = 27.5%
FY 2014 - *Revenue =$261.6m *Net Profit = $72.6 *Pf Mg = 27.75%

Share price @ 40.5 cts if minus 4 cts dividend = 36.5 cts. Even going back to 2 cts dividend; yield is 5.5%. By looking at past year revenue and compareing to the order book with the expecting TOP of Ack@KB, HLS future looks promising but it may not match the outstanding performance of FY 2014.

FManager, I agree with you at this entry price probably good for a long term hold and get paid whilst waiting for catalyst like share buy backs or big project orders. Remember: Investing is about able to get pay and sleep well. Share price increase is a bonus.

Hock Lian Seng share price end this week at 60 cents. In spite of weak property market Hock Lian Seng share price had increased by 50%. If include last 2 dividend of 4 cents 2.5 cents, total gain of about 66%. The latest dividend declare of 2.5 cents plus special dividend of 10 cent will go ex on 5/5/2017 and pay on 19/5/2017.

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