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WinningBookie Member Star
Total Cumulative Posts 126
Joined Feb 2012
Country MALAYSIA
Gender Male


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STOCK: CYPARK (5184)

Blog 08 Oct 2013, 9:58:42 AM
[QUOTE=ILoveDividend @ 07 Oct 2013, 10:15 AM]2862[/QUOTE]

No longer. But it's suitable to keep for more longer time! I have changed into SKPRES :)
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STOCK: SKPRES (7155)

Blog 22 Aug 2013, 8:53:27 AM
Those who bought at high price, patience, will break 0.39 soon!
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STOCK: REDTONE (0032)

Blog 31 Jul 2013, 8:34:07 AM
Going to fly soon...stay tuned! {:rolleyes}{:rolleyes}
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STOCK: CYPARK (5184)

Blog 10 May 2013, 10:30:30 PM
Anyone got follow Cypark? This share today give dividend and then up 0.08 cents to 1.96! Touched 2.00 already!
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STOCK: SKPRES (7155)

Blog 07 Mar 2013, 11:27:24 PM
[QUOTE=michaeljong @ 07 Mar 2013, 07:58 PM]2388[/QUOTE]

Good buy at at moment based on the price! {:rolleyes}
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STOCK: SKPRES (7155)

Blog 21 Jan 2013, 10:29:10 PM
Bought back at an attractive price 0.325! {:shutup}
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STOCK: CYPARK (5184)

Blog 17 Jan 2013, 3:11:06 PM
[QUOTE=ming @ 17 Jan 2013, 02:58 PM]2230[/QUOTE]

Good Luck to you man! {:yeah}

Ask your friend / colleague / family member buy this share :)

Huat ahh!! {:thumbup}
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STOCK: CYPARK (5184)

Blog 17 Jan 2013, 2:45:24 PM
[QUOTE=ming @ 17 Jan 2013, 02:20 PM]2228[/QUOTE]

My target price for Cypark is RM2.00 at the moment. You may accumulate more at this stage. Good price to buy in! {:thumbup}
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STOCK: CYPARK (5184)

Blog 17 Jan 2013, 11:51:06 AM
[QUOTE=ming @ 17 Jan 2013, 09:12 AM]2226[/QUOTE]

Why not? We see on company growth, not on election
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STOCK: CYPARK (5184)

Blog 16 Jan 2013, 8:39:22 AM
[QUOTE=AhWong @ 16 Jan 2013, 08:13 AM]2221[/QUOTE]

Actually it won't be wasted as long as u buy back again! Good fundamental company and it's growing now! {:rolleyes}{:rolleyes}
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STOCK: CYPARK (5184)

Blog 15 Jan 2013, 2:30:58 PM
Who got buy this share? {:thumbup}
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STOCK: YINSON (7293)

Blog 03 Jan 2013, 10:34:06 AM
Buy this share is much better! The target price would be RM2.54 {:thumbup}
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STOCK: SKPRES (7155)

Blog 03 Jan 2013, 10:32:55 AM
[QUOTE=tiekyu71 @ 03 Jan 2013, 09:31 AM]2186[/QUOTE]

Yes....I've sold off mine already! Bye bye SKPRES! See you later!
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STOCK: YINSON (7293)

Blog 28 Dec 2012, 7:35:58 PM
Yinson's 49% PTSC raises US$300m loans to convert FPSOLatest News

KUALA LUMPUR: Yinson Holdings Bhd's 49% owned PTSC Asia Pacific Pte Ltd has raised up to US$300mil to fund the conversion of the floating production storage and offloading system (FPSO).

Yinson said PTSC, in which PetroVietnam Technical Services Corporation owns the other 51%, had on Friday completed the signing of a senior secured loan facility with Singapore's Oversea-Chinese Banking Corporation Ltd and United Overseas Bank Ltd.

The conversion of the FPSO was necessary under its engineering, procurement, construction and installation contract and a bareboat charter contract, valued at US$733mil (RM2.21bil).

Yison said upon delivery of the FPSO, the vessel would be chartered to Lam Son Joint Operating Company. Lam Son is jointly owned by Petro Vietnam Exploration Production (PVEP) 50% and Petronas Carigali Overseas Sdn. Bhd (PCOSB) 50%.
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STOCK: YINSON (7293)

Blog 27 Dec 2012, 10:23:04 PM
KUALA LUMPUR, 27 December 2012– Malaysia’s premier integrated offshore services provider, YINSON HOLDINGS BERHAD (“Yinson”, the “Company” or “云升控股有限公司”) today announced a revenue of RM192.5 million and a profit after tax (“PAT”) of RM9.33 million for the quarter ended 31 October 2012 (“3QFY2012”) or translated earnings of 4.34 sen per share. According to its Bursa filing today, the Company recorded a total revenue of RM692.0 million and a profit after tax (“PAT”) of RM29.0 million year to date for the period ended 31 October 2012, representing a 26% and 40% increase respectively, compared to its preceding year corresponding period.

Research houses, namely Maybank and Kenanga Research are forecasting Yinson to deliver a PAT of RM32.0 million and RM31.0 million respectively. With the cumulative PAT of RM29.0 million year to date, the Company is confident in achieving these forecasts.

In terms of the Company’s segmental income, all segments namely Transport, Marine and Trading has seen its revenue increase by 28%, 26.7% and 26%, respectively for the quarter ended 31 October 2012 compared to it preceding year corresponding quarter.

The Company’s Floating Production Storage, and Offloading Facility (“FPSO”) contract that was secured in June 2012, a joint venture with PetroVietnam Technical Services Corporation (“PTSC”) with a total contract value of USD737.30 million (approx. RM2.35 billion) is confirmed to be on track to its expected delivery schedule for FY15.

“2012 to date has been an exciting and progressive year for us, especially for our marine segment which has been delivering strong positive growth and financial results quarter on quarter. With that said we will remain prudent on our strategies and project tendering in order to keep ourselves on the right track of positive development and growth.” commented Mr. Lim Han Weng, Chairman and Managing Director.

Recently on the 6 December 2012, Yinson announced that its wholly-owned subsidiary Yinson Vietnam Company Ltd. had entered into a 49% equity Joint Venture with Yen Son Transport in Vietnam forming Yen Son Diversified (“Yen Son”). Yen Son is to undertake the investment of the construction of two (2) warehouses (“Warehouses”) at PTSC Phu My Port in Vung Tau, Vietnam. (Yinson holds 40% equity interest in PTSC Phu My Port). The estimated construction cost of the Warehouses is approximately RM26.09 million with expected commencement date of its construction posted for the 31 January 2013. The above named JV Yen Son will construct, own and operate the Warehouses for a period of sixteen (16) years with an option to extend for another ten (10) years.

PTSC is principally involved in the production and trading of petroleum products, materials and equipment. Its parent company, PetroVietnam is a 100% state owned entity that is authorised to deal with all petroleum related matters in Vietnam.
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STOCK: YINSON (7293)

Blog 27 Dec 2012, 12:44:04 PM
This counter is waking up...buy now before it's too late! :)
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STOCK: YINSON (7293)

Blog 22 Dec 2012, 4:50:54 PM
Yinson Holdings - Approaching the Harvest Year 2013
Date: 21/12/2012

Source : MAYBANK
Stock : YINSON Price Target : 2.54 | Price Call : BUY
Last Price : 2.05 | Upside/Downside : +0.49 (23.90%)


Earnings to soar with FSO contract commencement. We expect 3QFY1/13 results to be in line though sequentially softer QoQ. However, Yinson’s FY1/14 earnings are expected to surge by 74% YoY as the earnings from its 49% owned FSO kick in, boosted further by front-loaded charter payments. We maintain our forecasts which have an upside bias for FY1/14, while FY1/15 will benefit from its FPSO’s contribution. We reiterate our BUY call and MYR2.54 SOP-based TP.

Likely to see temporary weakness in 2HFY1/13. We expect the next two quarters of FY1/13 (3Q and 4Q) to be sequentially weaker as earnings will be weighed down by seasonally slower trading profits as well as higher administrative and interest costs from the FPSO equity contribution bridging loan (pending an expected fund-raising exercise). 3QFY1/13 net profit should be in the range of MYR7-8m, down 19-29% QoQ. This would take 9M earnings to MYR26-27m, making up 83-87% of our MYR31.8m forecast. 4Q would be further impacted by higher administrative costs (e.g. staff bonuses, claims etc.). This is in line with our expectation and we make no change to our forecasts.

But, to surge 74.4% YoY in FY1/14. Yinson’s FY1/14 net profit is forecast to rise to MYR55.5m (from MYR31.8m in FY1/13). This surge in profits stems from an estimated MYR21.5m in JV earnings, the bulk of which will be from its 49% stake in the FSO Bein Dong. The FSO is expected to begin contributing in 1Q. Profits will be especially strong due to: i) its front-loaded payment structure and ii) payments beginning in Mar 2013 upon the FSO’s early completion. We forecast FY1/15 net profit to rise to MYR92m as Yinson enjoys a full year’s profit from FPSO Lam Song, construction of which is on schedule.

Maintain BUY. Yinson trades at just 7x one-year forward PER despite offering investors a sterling 58% 3-year earnings CAGR anchored by its medium- to long-term contracts. While we feel the company may need some time to consolidate its finances, the successful execution of its two current projects bodes well for its resume as a floating solutions project manager, strengthening its track record for future bids.

Source: Maybank Research - 21 Dec 2012
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STOCK: YINSON (7293)

Blog 21 Dec 2012, 10:40:09 AM
This company is rising! You may take a look!! {:rolleyes}
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STOCK: SKPRES (7155)

Blog 21 Nov 2012, 12:10:36 AM
SKP Resources - Take profit for now

INVESTMENT MERIT
1H13 results review.SKP Resources recorded 1H13 revenue of RM243.9m and net profit of RM23.8m, making up 50.5% and 54.1% of our full-year projections respectively. YoY, the 1H13 revenue rose 44.2% while net profit grew by 64.9%, attributable to the strong surge in demand for its plastic injection moulding segment as well as value-added services such as assemblies of plastic products and components for the electrical and electronics industry.

Its payday!Recall that in our earlier report dated 25 September 2012, we had called a TRADING BUY on SKP Resources as we noted the stock's undemanding valuation at 7.3x FY13 PER (34.5 sen) and high dividend yield of 7.1%. The share price closed at 38.5 sen yesterday, having climbed 14.4% to as high as 39.5 sen since that report. The group has declared an interim dividend of 1.3 sen, which will go ex- entitlement today.

Time to take profit.During the same period, the FBM KLCI has risen only a mere 0.7% amid jittery investor sentiment on a global scale. Much uncertainty has also stemmed from China's subpar economic data in recent months, a market where SKP Resources is expected to have increased dependence via its largest client - Dyson (Note that Dyson accounts for around 55% of SKP Resources' revenue). Hence, we reckon it is appropriate for risk averse investors to lock in on the gains at 39 sen for a handsome 17% return (including dividends) since our report call two months ago.

SWOT ANALYSIS
Strengths: A almost 100% raw material and currency pass-though protects SKP from earnings fluctuations. Full turnkey project management capabilities and specialty skill sets also allows SKP to have a superior client retention.

Weaknesses: Heavy dependence on a single client.

Opportunities:Ability to leverage on Dyson's maiden foray into China. Current capacity utilisation of 75% allows SKP room to grow.

Threats: Rampant counterfeit of Dyson products in China and a slowing global economy.

TECHNICALS
Resistance:RM0.40 (R1), RM0.41 (R2)
Support: RM0.36 (S1), RM0.33 (S2)
Comments: SKP's share price is on a mild uptrend.
Overall, the technical indicators point towards a sustainable uptrend, although a near term downcycle may be on the cards. Expect some dowside in the short term, look to buy back towards the lower 36 sen support level.

BUSINESS OVERVIEW
SKP Resources Bhd primarily manufactures plastic parts and components, makes precision molds, sub-assembles electronic and electrical equipment and other secondary processes. It has three main subsidiaries i.e. SKP, GHI and SPI. SKP has been manufacturing plastic injection moulded parts and components for the electronic and electrical products industry since 1994.

Goodhart Industries (GHI), its other manufacturing arm, targets on enhancing the range of plastic injection moulded parts produced by the group and focuses on precision engineering plastics injection moulding and 'big tonnage' injection moulding. The group is now Malaysia's leading local One-Stop Solution Centre, which also caters to a global base of clients. Its portfolio of clients include Dyson, Toshiba, Sony, Pioneer and more.

GEOGRAPHICAL SEGMENTS
Services provided:New product development/ program management, full service engineering consultation, mould design and fabrication, close tolerance plastic injection, advance secondary process operation, component assembly, contract manufacturing/box built Production Breakdown

Injection molding operation: Precision injection molding, gas assist molding, high speed thin wall molding, auto insert molding, in mould label molding, e mold, heating and cooling, double injection

Perfect Finish:Spray painting, automated multi colour tempo printing facilities, tempo printing for profile surfaces, hot stamping, untrasonic welding, heat staking, silk screen printing.

Source: Kenanga
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STOCK: SKPRES (7155)

Blog 19 Nov 2012, 12:07:29 AM
[QUOTE=wee232 @ 18 Nov 2012, 08:52 PM]2102[/QUOTE]

Congratulations! Huat ah!!! {:thumbup}{:thumbup}{:thumbup}
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