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gen_hwang Member Star
Total Cumulative Posts 90
Joined Dec 2011
Country MALAYSIA
Gender Male


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STOCK: PARKSON (5657)

Blog 31 Dec 2013, 5:09:50 PM
It is rather interesting to see both Parkson and AEON diverging substantially.

Could it be that Parkson's business model is obsolete now? Parkson rent from other commercial space for their operation, forming significant cash outflow, while AEON build their own building (fixed asset with potential of capital appreciation) and rent out to other busineses as a form of recurring income.

Or is it because of the fact that Parkson's venture into PRC/Vietnam/Indonesia got into trouble, and Mr Market voted it down? Do take note that PRC forms >60% of Parkson's revenue. AEON on the other hand focuses on Malaysian market only. There is also a high chance of an AEON Retail REIT once the critical asset value is reached.

Balance sheet wise, Parkson has some RM1B cash, doing share buyback only, but not effective. Something seriously wrong with the management. Another down voting by Mr Market.

Corporate

STOCK: WELLCAL (7231)

Blog 20 Aug 2012, 11:17:29 AM
Impressive! Need to look for the next Wellcall.
Corporate

STOCK: ZHULIAN (5131)

Blog 20 Aug 2012, 11:16:44 AM
Away for few months and at RM2.50 liao? Yield gets compressed.
Corporate

STOCK: YTLREIT (5109)

Blog 15 Jun 2012, 7:19:22 PM
Nice. Time to exit.
Corporate

STOCK: ROHAS (9741)

Blog 14 Mar 2012, 5:36:04 PM
rebounded nicely since hitting sub 3.60 upon earning release. those who heed Buffet's "be greedy when other people fear", well done!
Corporate

STOCK: DELEUM (5132)

Blog 09 Mar 2012, 9:21:44 PM
{:doh} for not following my own call and research result.

[not vested, but always interested]
Corporate

STOCK: YTLREIT (5109)

Blog 09 Mar 2012, 9:00:11 PM
Completed acquisition of "Pangkor Laut Resort, Tanjong Jara Resort, Cameron Highlands Resort, The Ritz-Carlton Kuala Lumpur, Vistana Kuala Lumpur, Vistana Kuantan and Vistana Penang, as well as the remainder of The Residences at The Ritz-Carlton, Kuala Lumpur, not already owned by the Trust" on 15 November 2011.

FY12Q2 revenue consist of only 1.5 months contribution from the above new assets.

One of the lowest gearing REIT on Bursa Malaysia, allowing further acquisition without the need to get money from shareholders a.k.a rights issue.

Downside could be highly dependent on tourist flow, especially from the US/EU, considering they are getting poorer as the time goes. Starhill's assets (room prices) are not so down-to-earth.

Another downside is it could acquire assets from parent YTL only when the price is at the high side.

[vested]

[img]http://www.tradesignum.com/publicchart3.aspx?ChartDirectorChartImage=chart_ctl00_Main_WebChartViewer1&cacheId=c5f80f96824545648b1976f7f97d4ddb&cacheDefeat=634669231477943940[/img]
Corporate

STOCK: KIANJOO (3522)

Blog 05 Mar 2012, 9:37:30 PM
KJCF cited for contempt of court for their plagiarism allegation. {:sweat}

http://www.theedgemalaysia.com/political-news/209899-ex-parte-application-to-cite-kian-joo-can-factory-officials-lawyer-for-alleged-plagiarism.html

Corporate

STOCK: UCHITEC (7100)

Blog 05 Mar 2012, 8:01:35 PM
A look at Euro/RM movements:

2011:
January
4.09065 MYR (20 days average)
February
4.15637 MYR (20 days average)
March
4.2483 MYR (23 days average)
[b]Q1 - 3.24[/b]

April
4.35081 MYR (20 days average)
May
4.32722 MYR (22 days average)
June
4.35854 MYR (22 days average)
[b]Q2 - 3.62[/b]

July
4.27162 MYR (21 days average)
August
4.28221 MYR (23 days average)
September
4.24559 MYR (22 days average)
[b]Q3 - 2.97[/b]

October
4.29632 MYR (21 days average)
November
4.27564 MYR (22 days average)
December
4.16389 MYR (21 days average)
[b]Q4 - 3.42[/b]

2012:
January
4.01509 MYR (22 days average)
February
3.99778 MYR (21 days average)
Corporate

STOCK: ZHULIAN (5131)

Blog 05 Mar 2012, 7:57:38 PM
Some USD/RM observations. Expect lower EPS for FY12Q1?

2011:
March
3.03472 MYR (23 days average)
April
3.0115 MYR (20 days average)
May
3.01619 MYR (22 days average)
[b]Q2 - 4.57[/b]

June
3.02932 MYR (22 days average)
July
2.99476 MYR (21 days average)
August
2.98561 MYR (23 days average)
[b]Q3 - 5.29[/b]

September
3.08458 MYR (22 days average)
October
3.13517 MYR (21 days average)
November
3.15438 MYR (22 days average)
[b]Q4 - 6.26[/b]

2012:
January
3.11165 MYR (22 days average)
February
3.02319 MYR (21 days average)
[b]Q1 - ??[/b]
Corporate

STOCK: ROHAS (9741)

Blog 03 Mar 2012, 10:48:30 PM
if this is just an one-time item, this could provide a good entry point for those eyeing, having plunged close to 10% from the recent all time high. also the 25 cents dividend is only a proposal without ex-date mentioned and this could be another minus point.

other than that, few causes of concern are

1. the 10% decrease in revenue.
2. the higher operating expenses.
Corporate

STOCK: ROHAS (9741)

Blog 01 Mar 2012, 11:51:14 AM
i hope no one chase the stock up last few weeks. 20c plunge isn't easy to swallow.
Corporate

STOCK: UCHITEC (7100)

Blog 28 Feb 2012, 7:17:55 PM
Revenue in USD for the quarter ended December 31, 2011 increased by 14% to USD7.9million as compared to the quarter ended December 31, 2010 (USD6.9 million) mainly due to increase in demand for the Group's products and
services.

For the year ended December 31, 2011, revenue in USD increased by 9% to USD33.8 million as compared to the year ended December 31, 2010 (USD31.1 million), mainly due to increase in demand for the Group’s products and services. However, due to the appreciation of Ringgit Malaysia by 6% (2011: RM3.0530 : USD1; 2010: RM3.2435 :
USD1), revenue in Ringgit Malaysia for the year ended December 31, 2011 increased by 2% while net profit for the year reduced by 7% as compared to 2010.

To the best of our knowledge, in line with the global economic slowdown, the Group expects lower sales volume for the next financial year.

In consideration of lower sales volume, the Group's financial result for the next financial year is expected to be lower as compared to current financial year. However, the Group expects to maintain a strong balance sheet and achieve tolerable financial results in light of current condition.

[not vested]
Corporate

STOCK: WELLCAL (7231)

Blog 28 Feb 2012, 7:16:23 PM
Well done!

[no vested, but always interested]
Corporate

STOCK: PRTASCO (5070)

Blog 27 Feb 2012, 7:41:36 PM
stabilizing.
Corporate

STOCK: ARMADA (5210)

Blog 27 Feb 2012, 4:36:49 PM
It compares revenue trend yoy.
Corporate

STOCK: MAGNUM (3859)

Blog 26 Feb 2012, 8:03:46 PM
受益于脱售产业的特别收益,马化控股营业额也从上财年的8亿9445万5000令吉,微幅上扬2.18%至9亿1391万3000令吉。

该集团旗下博彩业务税前盈利则按年跌6.5%至8410万令吉。

全年方面,马化控股净利报4亿8202万6000令吉,较上财年
Corporate

STOCK: UCHITEC (7100)

Blog 24 Feb 2012, 8:19:54 PM
Hmm, based on Globetronics result, if i ascribed a 35% decrease in quarter EPS, meaning it shall be 1.93 cents. Make sense?

Corporate

STOCK: DELEUM (5132)

Blog 22 Feb 2012, 8:22:14 PM
Comments:

1. The Group’s revenue was primarily contributed by the Power and Machinery segment, however contributions from this segment decreased by RM46.9 million compared to the corresponding quarter mainly due to the completion of an one off gas turbine project of RM61.2 million, offset by higher after-market sales for scheduled maintenance. The revenue contribution from the Maintenance, Repair and Overhaul segment decreased marginally by RM0.4 million compared to the corresponding quarter.

2. During the financial year, the level of oil and gas activities in Malaysia was satisfactory in line with the initiatives implemented by PETRONAS under the Economic Transformation Program. Moving forward this together with the recent major oil and gas discoveries in offshore Sabah and Sarawak, the level of oil and gas activities in the country is expected to be sustained. The associates are expected to contribute positively to the performance of the Group. Against this back drop, barring unforeseen circumstances, our Group is expected to remain profitable in the forthcoming quarter.

[not vested, but always interested]
Corporate

STOCK: NCB (5509)

Blog 22 Feb 2012, 5:27:24 PM
So high last year? I didn't notice. {:drool}

[not vested]
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