Hock Lian Seng *Official* (SGX: J2T)

[thelesis]

Anyone buying it? piece of information

Hock Lian Seng Holdings said its unit has secured a $105.5 million project from Changi Airport Group (Singapore). The project will commence in March 2014 and is expected to be completed by September 2018.

They have a history of paying about 2c in DPS. Current share price is 25.5c. Could be seeing a 7.8% dividend yield here.

 

[havetheveryfun]

sudden surge in nov '14 till now

 

[havetheveryfun]

no one interested in this stock ?

hock lian seng has declared a 4 cent dividend this year in their report subject to approval. if confirmed, the yield will be 10% at the current price

granted the price of the stock may drop after XD, but based on their past dividend history it's around 1.8 cents, which makes it a 4.5% yield at the current price, not too shabby either.

 

[HOOT_EVERYTHING]

4 cents should be confirmed already. I feel the price is almost there...

Maybe will head towards the 0.45 range from speculation but I'm expecting about 0.4 +-. Will take profit at 0.42 if it ever goes there.

Sent from my A002c using GAGT

 

[wahkao3]

ahhhh... hocklian seng
ulu ulu stock
nobody knows.......

 

[cloudfire]

Think AK71 blogged about it a few times...

ahhhh... hocklian seng
ulu ulu stock
nobody knows.......

 

[havetheveryfun]

ahhhh... hocklian seng
ulu ulu stock
nobody knows.......

last time ulu, now after the recent run up, not as ulu anymore.. but since the price already ran up, maybe already missed the boat, but still a decent stock I feel

 

[Shion]

ahhhh... hocklian seng
ulu ulu stock
nobody knows.......

Your low risk high returns investment...

 

[HOOT_EVERYTHING]

ahhhh... hocklian seng
ulu ulu stock
nobody knows.......

Fata master what is your opinion?

Sent from my A002c using GAGT

 

[HOOT_EVERYTHING]

OK... I'm out of hock lian seng... Give it to the ck. I didn't want to fight the t+5 this Friday, but I guess they ate up all the profit taking last week.

Sent from my A002c using GAGT

 

[wahkao3]

aiya wasted... on hindsight should have bought early

 

[havetheveryfun]

OK... I'm out of hock lian seng... Give it to the ck. I didn't want to fight the t+5 this Friday, but I guess they ate up all the profit taking last week.

Sent from my A002c using GAGT

whats ck ?

n u must have got in at the 0.2x range to be able to take profit

4c dividend is confirmed

 

[HOOT_EVERYTHING]

No leh, I'm on contra from 3.9! Big lots haha.... Even if I hold my contra for one year it's profitable from the dividends haha...

Sent from my A002c using GAGT

 

[alvinwlh]

Hi all,

I am new to stock market, but I did some research and find that this stock is quite interesting.

I would like to hear some comments before investing this one.

Thanks

 

[Perisher]

Other than AK's blog which you need to google for the HLS article...
A Singaporean Stockmarket Investor (ASSI)

You have this from 5 months ago...
Hock Lian Seng - Established Contractor With Tons Of Cash | Singapore Stock Market News

 

[beefjerky]

I tracked it's annual dividends before. Very unstable, won't touch if I'm u

 

[havetheveryfun]

I tracked it's annual dividends before. Very unstable, won't touch if I'm u

u mean the share price or annual dividends unstable ?

 

[alvinwlh]

I tracked it's annual dividends before. Very unstable, won't touch if I'm u

They are paying out 4 cent dividend by 01-May-15 which equaivalent to 10%. They have been paying dividend every year in May average 6-7% since 2010.

 

[makeupconnect]

Current div yield will be about 10%, normally around 5% (quite regular) based on current market price.

Can allocate some money for this stock in your portfolio. Doesn't cost too much but good yield compared to our pathetic savings interest rate.

Just leave it alone to collect dividends... AK did mention this stock in the income investing video.

 

[Perisher]

For this thread.
Hock Lian Seng from Valuebuddies:

HOCK LIAN SENG POSTS STRONG FIRST QUARTER
ON PROPERTY PROJECT COMPLETION
 Reported revenue of S$ 103.9 million and profit after taxation of S$ 18.6 million for the first quarter
 Ark@KB received its TOP in March 2015 and has sold out all its units
 Going forward, the focus is on tendering for large scale civil engineering projects and opportunities in property development




As expected, very strong 1st quarter 2015 with recognition of profits from Ark@KB.
KB is a smaller project than Gambas so I don't expect 2015 to be as good as last year. Still, this current quarter alone EPS is already close to the FULL YEAR profit of earlier years (2013,2012)
Long term debt incurred has been paid off in FY14Q4
Prudent and experience management.
I am expecting a strong 2015, and dividend for 2015 to be at least 2 cents or more. (>2012,2013 but <2014)
After 2015, 2016 should be taken care of by the current ongoing projects: Skywoods condo TOP, changi airport development etc should be mature by then