KLSE (MYR): HSSEB (0185)
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Last Price
0.75
Today's Change
-0.01 (1.32%)
Day's Change
0.745 - 0.76
Trading Volume
1,034,200
Market Cap
372 Million
NOSH
496 Million
Avg Volume (4 weeks)
1,965,220
4 Weeks Range
0.58 - 0.78
4 Weeks Price Volatility (%)
52 Weeks Range
0.38 - 0.78
52 Weeks Price Volatility (%)
Previous Close
0.75
Open
0.76
Bid
0.75 x 2,118,900
Ask
0.755 x 18,000
Day's Range
0.745 - 0.76
Trading Volume
1,034,200
Latest Quarter | Ann. Date
30-Jun-2023 [#2] | 16-Aug-2023
Next QR | Est. Ann. Date
30-Sep-2023 | 23-Nov-2023
T4Q P/E | EY
20.45 | 4.89%
T4Q DY | Payout %
0.00% | 0.00%
T4Q NAPS | P/NAPS
0.50 | 1.50
T4Q NP Margin | ROE
8.81% | 7.34%
Sector: INDUSTRIAL PRODUCTS & SERVICES
Sector: INDUSTRIAL PRODUCTS & SERVICES
Subsector: INDUSTRIAL ENGINEERING
Subsector: INDUSTRIAL ENGINEERING
Description:
HSS Engineers Bhd through its subsidiaries is engaged in providing engineering and project management services including engineering design, project management, construction supervision and building information modeling services. The Company has operations in Malaysia, India, the Middle East and Brunei.
agreed with
Posted by wallstreetrookie > Aug 26, 2021 9:53 AM | Report Abuse
RM0.8 price target right?
2021-09-19 20:38
HSS Engineers Berhad Upgrade to Overweight
With a short-term price target of RM0.80
2021-10-17 19:49
Is this considered good news? Since this is one of the company involved in ECRL
https://www.theedgemarkets.com/article/transport-ministry-greenlights-selangor-portion-ecrl-section-c2-physical-work-start-1q22?fbclid=IwAR2Wd9r-52QmlP707nYa7LUW28FjVUNE9c5iXKnSc39apP0bFi2NgFS62V0#.Yd_TvCkgh9k.facebook
2022-01-13 17:27
Why major shareholders selling immediately after the announcement? Very strange.
2022-08-08 20:42
Private placement of up to 20 per cent of paid up at 20 per cent discount. Market practice is only 5 per cent discount. No wonder the price drop so much after the announcement. Major shareholder sold before announcement. Is this insider trading. Bursa please investigate.
2022-08-29 12:18
Hi matt88 - I am not overly concerned about the major shareholder's sale of 2 mil shares, which, according to the same Bursa announcement, makes up barely 2% of her (MADAM SHANTAMALAR A/P C.SIVASUBRAMANIAM) holdings. So, I wouldn't link it with private placement exercise announcement that was made a few days later on Aug 17.
Anyone here in the know re the proposed private placement, beyond what was announced? Thanks in advance.
2022-09-07 11:29
Having looked a little deeper into HEB, I found that the recently concluded quarter was its best since Q3-2018. Its profit margin had for the first time since the earlier period crossed the 10% threshold. The earnings per share, too, is the best since the earlier period.
Should HEB were to maintain a similar performance moving forward -- I think this is highly likely given its recent big wins and its performance over the years paying down debt -- at an annualized EPS of, say, 3.2 cents, and a PER of 28 (based on past performance), we get a target price of RM 0.89. If we were to conservatively price it at 15 (for the so-called Peter Lynch Earnings Line), we'd get a target price of RM 0.47.
So, at RM 0.355, HEB does appear to be selling at a discount of 25% to 60%, depending on how conservatively we price the business. To me, it's a buy.
2022-09-07 14:58
https://einvest.affinhwang.com/news/archive/Affin%20Hwang%2020220914%20HSS%20CU.pdf
TP 0.82 by Affin Hwang Investment Bank
2022-09-21 15:13
HSS Engineers (HSS MK)
BUY (maintain) Price Target: RM0.82
Up/Downside: +115.8% Previous Target (Rating): RM0.82 (BUY)
Multiple growth drivers
➢ We hosted HSS management for a meeting with 12 institutional investors
➢ The RM998m Project Management Consultant (PMC) secured contract for the
Klang Valley MRT Line 3 (MRT3) project provides good earnings visibility
➢ HSS is expanding its engineering services to other industries and pursuing
overseas expansion to diversify geographically. HSS remains a sectortop BUY
with an unchanged target price (TP) of RM0.82, based on a 2023E PER of 18x
MRT3 PMC contract provides long-term earnings visibility
HSS accepted the Letter of Appointment from MRT Corporation on 4 August 2022 to
provide PMC services for the MRT3 project with an estimated value of RM997.9m over
the expected duration of 11 years. We understand that the revenue will mostly be
recognised in the first 8 years for the engineering design and project management of the
civil works portion of the MRT3.
Geographical diversification and expansion of services
HSS’ remaining order book of RM1.5bn will provide earnings visibility over the coming 5-
8 years. New contract wins hit a new high of RM1.09bn YTD 2022. HSS is still targeting
another RM150-200m of contract wins in 2H22 with a tender book of RM400m currently.
Some ongoing bids/negotiations for new projects are the Bayan Lepas and Johor LRTs,
Sarawak Metro, Westport Phase 2, PJD Link Highway, KL-Karak Highway Widening,
Kuching Airport expansion, and flood mitigation, water and sewerage projects. HSS is
also expanding geographically by pursuing Asian projects in collaboration with Japanese
consultants and expanding its services to other industries such as the telecommunication
(5G network infrastructure) and digital technology (data centre) sectors.
Private placement and bonus issue of warrants
HSS proposed a private placement of new shares up to 20% of share capital and bonus
issue of 1 warrant for every 3 existing shares held on 17 August 2022. We gather that the
private placement is a contingency plan and the new equity issuance will only be required
if HSS needs working capital for its projects. Indications are working capital requirements
for its projects can be met with internally-generated funds and bank borrowings. Net
gearing is low at 0.1x as at end-2Q22. Hence, new equity funding from the proposed
private placement and exercise of warrants may not be required, in our opinion.
Remains a top sector BUY
The core 2023E PER of 8x is attractive considering its strong 2-year core EPS CAGR of
45% in 2023-24E. We maintain our BUY call with a 12-month TP of RM0.82, based on
target 2023E PER of 18x. Key risks are political uncertainties and slow roll-out of
infrastructure projects.
2022-09-21 15:14
No operator kah, volume so low ??? Will sky rocket if Federal can increase development fund from 5% to10% as requested by Premier.
2022-11-25 07:12
https://www.sinchew.com.my/news/20230913/finance/4981731
PLEASE REFER TO THIS LINK GOT GOOD NEWS FOR HSSEB
1 week ago
I have absolutely missed profiting from this counter. In hindsight it's such an obvious choice. Well done guys
6 days ago
wallstreetrookie
nice
2021-09-07 15:44