Company Overview and News

 
Risk of order book reductions seen with infrastructure job cuts

2018-10-05 theedgemarkets
Construction sector Maintain neutral: The outlook for the construction sector remains challenging as the federal government is reviewing ongoing infrastructure projects to reduce costs by 20%-33%. Projects that could be affected include the Klang Valley mass rapid transit Line 2 (MRT2) and light rail transit Line 3 (LRT3), Pan Borneo Highway (PBH) and Gemas-Johor Baru Electrified Double Tracking (EDT).
2852 9261 3204 5226 6238 5924 5263 5054 9679 5085 7078

 
Stronger quarters ahead expected for Hock Seng Lee

2018-08-20 theedgemarkets
Hock Seng Lee Bhd (Aug 17, RM1.45) Maintain hold with a fair value of RM1.25: We maintain our forecasts, “hold” call, and fair value (FV) of RM1.25 based on 10 times financial year 2019 (FY19) earnings per share (EPS), in line with our benchmark forward target price-earnings ratio of seven to 10 times for small-cap construction stocks.
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Econpile, Apex Healthcare, Carlsberg, Daibochi, Dialog, Hock Seng Lee, KPJ, Sarawak Plantation, SunCon and Warisan TC

2018-08-16 theedgemarkets
KUALA LUMPUR (Aug 16): Based on corporate announcements and news flow today, stocks in focus tomorrow may include the following: Econpile Holdings Bhd, Apex Healthcare Bhd, Carlsberg Brewery Malaysia Bhd, Daibochi Bhd, Dialog Group Bhd, Hock Seng Lee Bhd, KPJ Healthcare Bhd, Sarawak Plantation Bhd, Sunway Construction Group Bhd and Warisan TC Holdings Bhd. Econpile Holdings Bhd secured a contract worth RM30.
APEXF KPJHF 5016 7090 6238 5878 5253 5263 2836 5135 7277

 
Hock Seng Lee 2Q net profit up 44%, pays one sen dividend

2018-08-16 theedgemarkets
KUALA LUMPUR (Aug 16): Sarawak-based infrastructure company Hock Seng Lee Bhd (HSL) saw its net profit jump 44.3% to RM14.12 million in the second quarter ended June 30, 2018 (2QFY18) from RM9.78 million a year ago, on the back of accelerated execution of its mega-projects as they entered mid-phases of construction.
6238 BSMAF 1818

 
HSL shares gain on contract win

2018-08-15 thestar.com.my
KUALA LUMPUR: Shares of Hock Seng Lee Bhd (HSL) gained 1.4% in early trade after securing a RM101.19mil contract from Petroliam Nasional Bhd (Petronas).
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Hock Seng Lee rises 1.41% on bagging RM101.19m Petronas contract

2018-08-15 theedgemarkets
KUALA LUMPUR (Aug 15): Hock Seng Lee Bhd (HSL) shares rose 1.41% in early trade today after it bagged an RM101.19 million contract from Petroliam Nasional Bhd (Petronas) to build the fourth Mara Junior Science College (MRSM) in Sarawak on a 40-acre site in Bintulu. Work starts in September for the 36-month contract.
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Trading ideas: AirAsia, KLK, HSL, Pasdec, Scomi Group, Tan Chong

2018-08-15 thestar.com.my
KUALA LUMPUR: AirAsia Bhd , Kuala Lumpur Kepong Bhd , Hock Seng Lee Bhd (HSL), Pasdec Holdings Bhd , Scomi Group Bhd and Tan Chong Motor Holdings Bhd are among the stocks to watch, according to JF Apex Research.
6912 KLKBY 2445 EXPE 6238 4405 7158

 
KLCI seen rising amid global relief rally, support at 1,773

2018-08-15 theedgemarkets
KUALA LUMPUR (Aug 15): The FBM KLCI is seen rising amid some overnight relief rally at most global markets, immediate support at 1,773.
7158 DKSHY 6912 KLKBY 2445 4995 5225 6238 4405 1899 Q0F IHHHF 5908 DKSHF

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AirAsia, Batu Kawan, KLK, DKSH, Hock Seng Lee, IHH, Nestlé, Pasdec, Scomi, Tan Chong, Versatile Creative and YTL REIT

2018-08-14 theedgemarkets
KUALA LUMPUR (Aug 14): Based on corporate announcements and news flow today, stocks in focus tomorrow may include: AirAsia Group Bhd, Batu Kawan Bhd, Kuala Lumpur Kepong Bhd, DKSH Holdings (M) Bhd, Hock Seng Lee Bhd, IHH Healthcare Bhd, Nestlé (Malaysia) Bhd, Pasdec Holdings Bhd, Scomi Group Bhd, Tan Chong Motor Holdings Bhd, Versatile Creative Bhd and YTL YTL Hospitality REIT.
SLLXF 7158 532843 DKSHY 6912 KLKBY 2445 4995 EXPE 5225 FORTIS 6238 5109 4405 1899 Q0F IHHHF 5908 DKSHF

 
Hock Seng Lee wins RM101m Petronas project in Bintulu

2018-08-14 theedgemarkets
KUALA LUMPUR (Aug 14): Hock Seng Lee Bhd (HSL) has bagged a RM101.19 million contract from Petroliam Nasional Bhd (Petronas) to build a Mara Junior Science College (MRSM) in Bintulu, Sarawak, via an open tender exercise.
6238 BSMAF 1818

 
Hock Seng Lee seen to gain from small-scale public projects

2018-07-31 theedgemarkets
Hock Seng Lee Bhd (July 30, RM1.40) Maintain hold with a lower fair value (FV) of RM1.25: The financial year ending Dec 31, 2019 (FY19) to financial year ending Dec 31, 2020 (FY20) earnings forecast downgrade is largely due to a lower assumption for job wins of RM250 million annually (from RM400 million previously) during our forecast period.
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HSL to unveil RM150mil residential and industrial property projects

2018-05-14 thestar.com.my
KUCHING: Construction and marine engineering-based Hock Seng Lee Bhd (HSL) is set to unveil residential and industrial building projects with a combined gross development value (GDV) of about RM150mil.
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HSL ready to roll

2018-04-29 thestar.com.my
KUCHING: Hock Seng Lee Bhd (HSL) has stepped up work on its two delayed mega projects – the Kuching centralised wastewater system Package 2 and the Pan Borneo Highway – as issues that hampered work progress have been largely resolved.
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