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HOHUP (5169) : HO HUP CONSTRUCTION COMPANY BHD
erkongseng
Member Star
Posts: 285
Joined: Mar 2014
23 Apr 2014, 08:07 PMPost #1
rolleyes和合,看到暑光---
1)公司经重组后己显示良好的资产表,想信很快可以脱离 pn 17,回到建筑组.
2)公司持有的武吉加里爾地段猶如“皇冠上的珠寶”,一旦獲批,當地的發展總值將從目前的21億令吉,倍增至40億令吉,並在未來7至10年作出貢獻。
和合建築擁有武吉加里爾地段的獨家發展權,並與馬頓(MALTON,6181,主板產業組)簽署了聯營協議,其中和合建築享有發展總值的18%,或最低2億2千萬令吉,加上8千萬令吉預支現金。
3)和合建築重估淨資產值或介於每股1令吉55仙至2令吉55仙,相等於2令吉零5仙平均價,因為武吉加里爾地段開價介於每平方呎250至400令吉。
4)取全年(2013年12月)赚2249万,eps=22 sen 算,现Rm 1.68在交易,pe=7.6倍 ,很明显是低估了.个人估计,取pe=10,合理价=rm2.20
5)大股东频频增加股份,就是看到公司前景好.
6)ho hup的内在价值好,良好的资产表,市场上许多好的股己上升许多,ho hup正在奋力直追,随着更多人发掘ho hup的价值,前景看好,辛福的未来已看到,哈哈.
7)公司为净现金,财务强稳,可安然渡过任何的经济风暴,所以可安心投资在ho hup。
8)以上都是刺激股价上升之催发剂,个人整理与推算,进出自负。
okass87
Member Star
Posts: 176
Joined: Dec 2011
03 May 2015, 05:21 PMPost #2
Ho Hup's Bukit Jalil Play

Developer to build on mixed development project’s success

PETALING JAYA: Small cap construction and property developer Ho Hup Construction Company Bhd will leverage on its Bukit Jalil mixed integrated development of 7.2 acres where sales so far on its first five acres have been a success.

Known as Aurora Place, the five-acre plot comprises shop offices, retail floors and SoVo (small offices, versatile offices). It will retain its 18-storey office block for recurring income. The project is fully sold.

Chief executive officer Derek Wong Kit-Leong said the company would launch projects on its second parcel next year. Ho Hup has about 10 acres on a gross level and about 7 acres after making adjustments for infrastructure with a combined gross development value (GDV) estimated at more than RM1bil.

Its 10 acres is part of the 60 acres held by its subsidiary Bukit Jalil Development Sdn Bhd (BJD).

The other 50 acres would be developed under a joint development agreement between BJD and Pioneer Haven Sdn Bhd, a subsidiary of Malton Bhd.

Wong said going forward, the success of Aurora Place and its joint development with Malton would help build up its cash position. Ho Hup would be entitled to 18% of the GDV ranging from RM4bil to RM4.5bil for the 50-acre project.

The company has been building up its revenue and profit the last couple of years under Wong’s leadership.

The company officially made an exit from its PN17 status - which denotes distressed companies - last year. It was under PN17 status since 2008.

Moving forward, Wong describes the company as being in a fairly comfortable position and was voted as the top five among 30 small cap jewels in 2015 by RHB Investment Bank.

“We are basically leveraging from the money which is going to come in from the 50 plus 10 acres, which is between RM90mil and RM100mil annually for the next seven to eight years,” said Wong.

He said the company plans to put aside between RM300mil and RM400mil for the next two years to increase its land bank in the Klang Valley, Penang and Kota Kinabalu in Sabah. It is interested to build more hybrid development the likes of Aurora Place.

Wong said the company would like to increase its after tax profit of about RM65mil last year by between 20% and 25% a year.

Ho Hup has two core businesses, property development and construction with property development contributing 80% to profit and the remaining 20% from construction although on a revenue level, contribution from both are about equal.

The company has unbilled sales of about RM576.9mil, of which RM275.4mil are from its Bukit Jalil development and the remaining RM301.5mil from its construction projects.

Aurora Place has been fully taken up with unbilled sales of RM275.4mil as at the end of Febuary 2015.

It would retain an 18-storey office block for recurring income.
Sebie_Kelate
Member StarMember Star
Posts: 746
Joined: Dec 2016
16 Jun 2017, 02:55 PMPost #3

lipkarlock
Member Star
Posts: 57
Joined: Nov 2019
16 Apr 2020, 08:15 PMPost #4

[Construction Index Rebounded] Buying opportunity for construction counter:

https://malaysiainvestment88.blogspot.com/2020/04/covid-19-latest-updates-klse-index.html

Sebie_Kelate
Member StarMember Star
Posts: 746
Joined: Dec 2016
19 Apr 2020, 02:32 AMPost #5

price rises above 50-day moving average 

On Friday, Ho Hup Construction Company Bhd (HOHUP:KLS) closed at 0.45, 87.50% above the 52 week low of 0.24 set on Mar 19, 2020.

1

yeah doh drool lol mad notworthy question rant rolleyes sad shutup shy smile star sweat thumbup wub cry

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