Highlights
KLSE: GASMSIA (5209)       GAS MALAYSIA BERHAD MAIN : Utilities
Last Price Today's Change   Day's Range   Trading Volume
2.85   +0.01 (0.35%)  2.84 - 2.86  2,978,300
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Overview

Market Cap: 3,667 Million
NOSH: 1,287 Million
Avg Volume (4 weeks):612,445
4 Weeks Range:2.79 - 2.96
4 Weeks Price Volatility (%):
35.29%
52 Weeks Range:2.68 - 3.01
52 Weeks Price Volatility (%):
51.52%
Average Price Target: 3.16
Price Target Upside/Downside: +0.31

Financial Highlight

Latest Quarter | Ann. Date 31-Mar-2019 [#1]  |  15-May-2019
Next QR | Est. Ann. Date: 30-Jun-2019  |  08-Aug-2019
T4Q P/E | EY: 20.22  |  4.95%
T4Q DY | Payout %: 3.16%  |  63.72%
T4Q NAPS | P/NAPS: 0.7842  |  3.63
T4Q NP Margin | ROE: 2.78%  |  18.01%

Headlines

Date Subject
04-Jul-2019 Utilities - Meter Swings to Low
17-May-2019 PublicInvest Research Headlines - 17 May 2019
16-May-2019 Gas Malaysia - Moderate growth Price Chart
16-May-2019 Gas Malaysia - Higher Sales Volume Cushioned Earnings
16-May-2019 Gas Malaysia - No Surprises
16-May-2019 Gas Malaysia Bhd - 1Q19 Results No Surprises
03-Apr-2019 Utilities - Power Down Forward
15-Feb-2019 Gas Malaysia - A sombre end
15-Feb-2019 Gas Malaysia Berhad - Earnings Supported by Strong Gas Sales Volume
15-Feb-2019 PublicInvest Research Headlines - 15 Feb 2019
15-Feb-2019 Mplus Market Pulse - 15 Feb 2019
15-Feb-2019 Gas Malaysia Bhd - FY18 In Line
15-Feb-2019 Gas Malaysia - Deviation Due to Higher Taxes
13-Feb-2019 Utilities - A defensive refuge
25-Jan-2019 Petronas Gas - Getting Dim; Cut To MP
01-Jan-2019 大马天然气 成本转嫁运作良好
27-Dec-2018 Mplus Market Pulse - 27 Dec 2018
15-Nov-2018 Gas Malaysia - Hampered by lower spread
15-Nov-2018 Mplus Market Pulse - 15 Nov 2018
15-Nov-2018 Gas Malaysia Berhad - Earnings Supported by Higher Gas Volume

Business Background

Gas Malaysia Bhd is a Malaysian gas utility company of which the major shareholder is the state-owned Malaysian energy corporation, Petronas. Gas Malaysia is involved in the distribution and sale of natural gas and liquefied petroleum gas (LPG) within the Natural Gas Distribution System in Peninsular Malaysia. The company segments its operations into Natural Gas & LPG and Others. Nearly all of Gas Malaysia’s revenue is derived from its Natural Gas & LPG division. Within this unit, the sale of natural gas generates the vast majority of revenue. Malaysia Gas also receives revenue from sales of LPG, the construction of pipelines, and pipeline usage tolling fees. While the company serves a variety of industrial and commercial consumers, most of its customers are residential entities.
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  8 people like this.
 
Mynihar Nihar Why Impairment trade receivable so high and who they are??
12/05/2016 8:47 AM
joe79 there will be - Cadangan Penetapan Harga Gas Berpaip ke arah harga pasaran bagi sektor elektrik.
anybody got updated?
13/05/2016 12:20 PM
mamakpenang7 dividend paid consistently...buy & hold counter..
26/06/2016 1:32 AM
Angielim9955 Impairment loss is a what loss actully , not a true loss right I thought ?
07/08/2016 4:55 PM
Mynihar Nihar contoh impairment loss untuk trade receivable adalah syarikat yang berhutang TAK boleh bayar kerana jatuh bankrup atau Ada kemungkinan bankruptcy .. Mungkin jugak trade receivable Ada masalah tuntutan Di mahkamah Dan kemungkinan TAK boleh tuntut hutang itu Dan banyak lagi peristiwa lain Dan ianya lebih teruk Dari provision for doubtful debt.. Yang penting gas Malaysia mesti disclosed dlm financial statment kenapa impairment ini terjadi Dan siapalah syarikat yang TAK dapat bayar hutang tu...
09/08/2016 12:09 AM
Angielim9955 Nihar Mynihar thanks alot
Nihar Mynihar if you dont mind can I ask you one more question ?
because I am a newbie so after I study I find out is a company issue RI , normally share will drop like hell one ,

however why some comapny issue RI will make the share price fly instaed of drop one ?
example got ccmdbio and last time magnum issued RI also make the share price rocket ?
can expalin

thanks
09/08/2016 6:14 PM
Mynihar Nihar Angielim9955
Right Issue adalah satu cara untuk mendapat pembiayaan yang murah dan mudah dengan menawarkan saham baru kepada existing shareholder,dengan mengeluarkan RI menjadikan jumlah Share bertambah dan berkemungkinan besar pendapatan pershare atau erning pershare akan mengecil dan berkurang ini akan menjadikan share price juga akan jatuh bersesuain dengan % share yang dikeluarkan. walaubaimanapun RI dikeluarkan untuk megembangkan perniagaan syarikat dan membayar hutang yang mempunyai Cost of finance yang tinggi, jika pelabur melihat dengan adanya RI ini sayrikat akan lebih berkembang maju dan keuntungan masa hadapan akan bertambah dengan baik maka pelabur akan lebih yakin terhadap syarikat dan akan menjadikan value of company increase dan dengan itu saham syarikat juga akan meningkat. itu secara tieory lah.. walaupun begitu saham boleh naik dan jatuh walau ada apa2 peristiwa pun... harap2 tuan boleh terima pendapat saya ini ....
10/08/2016 8:17 AM
Angielim9955 Nihar Mynihar , thanks I noted
hi Nihar Mynihar
today gasm reports very good and dividend very high also 4.00 cent
gasmalaysia seem very good
11/08/2016 9:15 PM
12/08/2016 2:19 PM
Mynihar Nihar yup , ada rezeki
12/08/2016 2:41 PM
Angielim9955 Hi gas malaysia team
can I ask someone ada GASMSIA-CT
exe level is 2.50 and maturity date is 30August 216

GASMSIA-CT

hi team got someone know if after expired date if I still not sell my GASMSIA-CT

then if got profit , then the cash will auto masuk my account by CIMB BANK BERHAD or not ?

someone got knowelege about GASMSIA-CT can help me ?
thanks and apprecite
12/08/2016 3:34 PM
sg999 post cheque to you based on last day mother share price.
13/08/2016 10:26 PM
Angielim9955 sg999 thanks for your helpful
thanks very much
thanks
14/08/2016 7:16 PM
Angielim9955 tomorrow if I am not mistaken is T4, so someone want top up at cheap price
tomorrow can top up,
only if yu want la
16/08/2016 7:42 PM
tjhldg see which type of counter la for t4 .. this kind lack of retailer punya ,, mana ada apa t problem .. fund play contra ka ?
25/08/2016 10:21 AM
legacybg5 what is the long term outlook for this counter?

it own an extensive gas pipeline (retail) going into properties in few cities now. something petgas or petdag doesn't have. it still buy gas from petgas I suppose. how is the game when it can buy gas directly from global producers.
27/08/2016 5:35 PM
tradernewbie Gas Malaysia Bhd's net profit climbed 28.1% to RM43.2 million in the third quarter ended Sept 30, 2016 (3QFY16) from RM33.72 million a year ago, as it saw higher gross profit from more gas sold.

The higher gross profit, the group said, is in line with the increase in volume of gas sold and assets contributed by customers.

Its quarterly revenue rose 19.23% to RM1.07 billion compared with RM895.5 million a year ago.

"This (the group's revenue) was mainly due to upward revision of natural gas tariff which took effect on July 15, 2016, and higher volume of gas sold in the current quarter," it added.

The Edge Market
18/11/2016 8:38 AM
Mynihar Nihar The base tariff for natural gas will go down 2.74 percent next year to RM26.31 per MMBtu (one million British Thermal units), Gas Malaysia Bhd said.

However, this only applies to non-power sector users in peninsular Malaysia.

This is after Gas Malaysia Bhd received approval from the government to revise natural gas tariff from Jan 1 next year to Dec 31, 2019, in line with the Incentive Based Regulation (IBR) framework, Bernama reported.
29/12/2016 8:09 AM
gankc2011 Gas malaysia is a boring and non-sexy kind of business. Its business is very highly regulated and they monopolised the Malaysian gas supply commercial and residential sectors. I think it is a stable counter and offer good dividend yield for investors yearning for steady streams of passive income. Currently, Gas Malaysia only have gas pipelines over here in peninsula. Just imagine the EPS that they can make for every stock when they extend pipeline network to Sabah and Sarawak.
05/02/2017 5:39 PM
fazil3801 is the counter sleeping?
10/02/2017 10:19 AM
allanchong1988 no news is good news
15/02/2017 6:22 AM
hksoon Why This counter sudden big jump to Rm2.89 ? Is it DS Najic's Election is around the corner ?
17/02/2017 1:19 PM
mamakpenang7 it reaches 52 weeks' high @ RM3.00 just now...something big is brewing here..
20/03/2017 4:47 PM
symbol Baik ..gas price on 2018 will raise...so does the share price..buy lor
30/11/2017 11:19 PM
Tanleechoo Look at the target price quote by few research house, but even cannot the lowest price by the research house
16/12/2017 7:49 PM
AhSeng Uptrend already. Tomorrow gap up
21/12/2017 5:36 PM
Tanleechoo Hope can break Rm 3 by Christmas
21/12/2017 8:14 PM
Tanleechoo At last close @ 2.97
05/01/2018 10:30 PM
Mynihar Nihar why droop so much?
03/04/2018 12:03 PM
Cockroach Paul Lee 3.00 coming, dividend coming, I can smell the GAS $$$ lol
04/05/2018 5:34 PM
Mynihar Nihar apasal lambat FS 1st Quater ni.
25/05/2018 2:59 PM
bthunter result released.
28/05/2018 5:38 PM
Shinnzaii http://www.theedgemarkets.com/article/gas-malaysia-announces-natural-gas-tariff-hike
13/06/2018 5:01 PM
qqq3 a good FD stock......better than Supermax....
13/06/2018 5:52 PM
yuanlong57 Natural gas and renewable energy to fuel a sustainable future
http://www.theborneopost.com/2018/08/13/natural-gas-and-renewable-energy-to-fuel-a-sustainable-future/
13/08/2018 8:39 AM
yuanlong57 Ah, at last showing some movement. Thought that nobody really noticed Gasmsia.
23/08/2018 1:50 PM
Lim Tek Wai Good time to accumulate more and gain more profit :)
27/08/2018 10:41 AM
Jasper Coo Best timing to invest now, buy more earn more hehehe
27/08/2018 11:18 AM
Vilhelm Lim the profit margin is sooooo low ~?
03/10/2018 2:36 PM
yuanlong57 Perak attracts almost RM2 billion worth of investments
October 4, 2018, Thursday

http://www.theborneopost.com/2018/10/04/perak-attracts-almost-rm2-billion-worth-of-investments/

[ IPOH: Perak Investment Management Centre (InvestPerak), an agency under the Perak state government, and Gas Malaysia Bhd will help to implement various investment projects worth RM1.9 billion next year following the signing of cooperation agreements with several local companies.]
04/10/2018 12:26 AM
yuanlong57 Call for more reforms in gas industry - Business News | The Star Online

https://www.thestar.com.my/business/business-news/2018/10/03/call-for-more-reforms-in-gas-industry/#PW9izct6BkmLj8As.41
04/10/2018 12:28 AM
yuanlong57 Malaysian Gas Association advocates for more gas usage - The Edge Markets

http://www.theedgemarkets.com/article/malaysian-gas-association-advocates-more-gas-usage#.W7Ofejsza4g.whatsapp
04/10/2018 12:28 AM
129055444514385 good for mmc, the parent company :)
17/10/2018 6:50 PM
Mynihar Nihar adakah akaun yang di sediakan salah?? jika lihat Q 3/2017 as at 30/9/2017 EPS 3.46 sen tetapi bila rujuk Q 3/2018 di nyatakan Q 3/2017 EPS adalah 2.62 .. yang ,ana yang betul ni..
15/11/2018 4:07 PM
12/02/2019 2:01 PM
commonsense At the current share price, the company is trading at a valuation of more than 20x PE. The 4 analysts that are covering Gas Malaysia has an average PAT of RM197mil. This brings the forward PE to around 18.6x. That being said, management guidance for 2019 is an improvement of Rev by 4-5% which means any increased of profit would mainly comes from the better expected profit margins mainly from the latest base tariff increase (gas selling price increase by an average 0.7%) back in Dec.

If you are looking to hedge your portfolio outside of Gas Malaysia (due to its relatively high valuation), I would recommend you to look at MBMR. (https://klse.i3investor.com/servlets/stk/pt/5983.jsp)

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.5x PE based on FY18 profit of RM166mil. PB is low at only 0.7x BV.

FY19 should deliver another profit growth year to the company. Profit growth will again be driven by the performance of Perodua (via MBMR 22.6% holdings in Perodua) from the still strong sales of new Myvi, sales of SUV Aruz and the introduction of the newly revamp Alza sometime in the 2H19. Aruz which commands a higher margin compared to other models, will help improve the total profit margin of Perodua (which will flow to MBMR’s bottom line as well).

MBMR is expected to achieve a profit of RM200mil in 2019. At the current share price, the company is being valued at only 5.4x which is a lot lower than the industry average of 15x PE. As an example, UMW (another company with exposure to Perodua) is currently trading at a PE multiple of almost 20x.

Good luck.
21/03/2019 1:37 PM
HuatAh8809 OK, time to buy MBMR
16/05/2019 12:02 AM
shpg22 Not yet finish with MBMR. The perfect stock with no flaw.
28/06/2019 12:10 AM
HuatAh8809 I m buying a Lot of GMBBBB
30/06/2019 1:23 AM
No right Nor wrong Only to Win Gasm , tomorrow shoot up
Residential roof , after daylight thief from its industrial clients ?
15/07/2019 1:15 AM


 

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