share

HUAYANG (5062) : HUA YANG BERHAD

weiiii
5062 HUAYANG HUA YANG BHD
Additional Listing Announcement

1. Details of Corporate Proposal
Whether the corporate proposal involves the issuance of new type and
new class of securities? No
Types of corporate proposal : Private Placement
Details of Corporate Proposal : PRIVATE PLACEMENT OF 14,400,000 NEW ORDINARY
SHARES OF RM1.00 EACH IN HUA YANG BERHAD (PLACEMENT SHARE(S)) AT AN ISSUE PRICE
OF RM1.82 PER PLACEMENT SHARE (PRIVATE PLACEMENT)
No. of shares issued under this corporate proposal: 14,400,000
Issue price per share ($$) : MYR 1.820
Par Value ($$) : MYR 1.000
Latest issued and paid up share capital after the above corporate proposal
in the following
Units : 158,400,000
Currency : MYR 158,400,000.000
Listing Date : 14/08/2012
Remarks :


13/08/2012 01:09 PM

Anyone can tell me what this is? TQ
13 Aug 2012, 10:22 PM
ILoveDividend


Hi Weiiii,

Private placement is a way to raise fund for the company by issueing more share in market at an offer price RM1.82. But i think this is only short term effect, long term still looks promising. Please correct me if i'm wrong.
14 Aug 2012, 09:21 AM
cheongcy


which means they are raising fund thru private institution or watever but definitely not thru the public. In other words, your current share holding with Huayang will be diluted....correct me if i'm wong
14 Aug 2012, 09:28 AM
ILoveDividend


Yup. It will be diluted. But i think there is an advantage, i.e the liability is not increasing by doing the private placement.
14 Aug 2012, 09:32 AM
Tenshin

does that mean there will be a slight correction in the price?
14 Aug 2012, 09:33 AM
gab102001

I don't care it whether the profit will be diluted or not. The more important point is future of the company and the profit gaining power of company still strong.

Basic counting, PE of HUAYANG still below 5 !!!!

I think it's difficult to find a company low PE and high dividend yield as HUAYANG in main board now. wub
14 Aug 2012, 09:33 AM
cheongcy


how the effect of the outstanding private placement on the EPS we can easily calculate...

in terms of earning power, if we hav sound proof tht the company can continue to perform well in future, then it is a good counter. From the Huayang past record, its earning power is average untill 2 yrs back.

Of cos i agreed that Huayang concept is good, i.e. buid houses tht are affordable to everyone.
14 Aug 2012, 09:51 AM
weiiii
TQ for sharing Ilovedividend and cheongcy. Few questions hope to get reply from you

1) Issue more shares through private institution offer RM1.82, can we get offer of RM1.82 price? How?

2) With this additional shares issued, mean that EPS drop, dividend drop, NTA drop?
14 Aug 2012, 12:57 PM
cheongcy


Hi weii, as this is private placement no way the public can buy at this price. Second of all, it definitely will have effect on the per share value e.g. earning per share, net asset per share, free cash per share etc....

i have another query, why Huayang chose to raise fund thru private placement but not other way e.g. right issue (so everybody can buy)?
14 Aug 2012, 01:05 PM
spy008
With the news of 4:1 bonus shares,
HUAYANG open high, hopes it close higher.

rolleyesrolleyes

FURTHERMORE, HUAYANG has also purchased over and fully owned Johanjana Corporation Sdn Bhd (previously only 63.5%)
02 Oct 2012, 02:00 PM
Francisleong

When is xdate for bonus issue. I bought at 2.06. Quite high price. Hope dey give bonus soon.
03 Oct 2012, 09:15 AM
spy008


I tot it can be seen at top there??
Ex-date : 11/10
Entitlement : 15/10

Ur 2.06 should got the dividend rite?
I bought at 2.07..
03 Oct 2012, 09:28 AM
seedarren
冷眼在南洋的产业股讲座现场录音
http://soundcloud.com/focus-ng/lenyan271012

For portion of talk's slide, please refer
http://www.investalks.com/forum/viewthread.php?tid=18108&extra=&page=3
28 Oct 2012, 12:22 PM
Brian9818
Just wonder why the quarterly data displayed here are NOT adjusted for Bonus /right issue. Reply from admin is appreciated. Thax.
28 Jan 2013, 10:22 AM
CNY2012


A good sharing on HUAYANGsmile

http://tradertoinvestor.blogspot.com/2013/09/my-stock-huayang-5062.html
21 Sep 2013, 01:49 PM
ILoveDividend
yeah
Bonus issue of 66,000,000 new ordinary shares of RM1.00 each in Hua Yang Berhad(Shares) (Bonus Shares) on the basis of one (1) Bonus Share for every three (3)existing Shares held in Hua Yang Berhad (Hua Yang) at 5.00 p.m. on 14 October2013 (Entitlement Date)(Bonus Issue)
30 Sep 2013, 01:04 PM
CNY2012
RHB Research initiates coverage on Hua Yang, TP RM2.76

KUALA LUMPUR: RHB Research has initiated coverage on Hua Yang with a Buy call and a target price of RM2.76.

“Given the company’s entrenched position in the affordable housing segment, we believe that it will stand tall amid the anticipated weakening demand for property over the next three to six months as a result of policy curbs,” it said in a note on Wednesday.

RHB said Hua Yang continues to strengthen its presence as a quality developer in affordable housing at RM500,000 per unit and below segment.

“The outstanding gross development value (GDV) of the company’s landbank, currently concentrated in the Klang Valley, Perak and Johor, is about RM4.12bil.

“This includes RM1bil of GDV slated for launch in FY14. Hua Yang will continue to target local first-time home buyers, especially those in the 25 to 40 years age group, which makes up about 46% of Malaysia’s population,” it said.

RHB said despite the recent tightening measures, management is confident of delivering about RM600mil in new sales in financial year 2014.

“This will be underpinned by RM791mil of launches planned for second half of 2014. Among the most highly-anticipated of its new launches is the Sentrio Suites high-rise project in Desa Pandan, Kuala Lumpur with a GDV of RM213mil.

“Launches from its flagship One South project in Seri Kembangan in Selangor, are also expected to boost FY14 sales. The company’s current unbilled sales total RM558.9mil,” it said.

The research house said with about RM3.05bil in future GDV to be launched beyond FY14, it believes Hua Yang’s earnings will be sustained over the next two to three years.

“The main earnings driver will likely be its Puchong land, which has an estimated GDV of RM1.54bil. This development will replace One South, which has 26.5% of GDV remaining,” it said.

http://www.thestar.com.my/Business/Investing/2013/11/06/rhb-research-initiates-coverage-on-hua-yang.aspx
06 Nov 2013, 02:13 PM
limch
Any hope for interim dividend announcement by Hua Yang like last year? Hua Yang has lowest PE among top 10 voted KLSE stocks here. Latest TP by Kenanga is RM2.33.
17 Jan 2014, 06:58 PM
Asriel
Hua Yang launches its first high­rise residential project in Johor.The RM216m project has received 50% registration since early August.
http://huayang.listedcompany.com/newsroom/MY_3095_20140926_N_TEFD_HB_pg1-20_6f312.pdf
28 Sep 2014, 05:40 PM
Asriel
PROPERTY developer Hua Yang Bhd expects Johor to drive the sales momentum for the group in the financial year ending March 31,2015. About 40% of the total gross development value (GDV) of the new launches nationwide for the current financial year is from Johor.

http://huayang.listedcompany.com/newsroom/MY_3095_20140925_N_MR_CM_PG6_6dc14.pdf
28 Sep 2014, 05:43 PM

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