good volume and new high..

it has touch 0.18.still can go further

slow and steady is good..they keep making new high everyweek

ASB, tourism stock start to fly

move to ASB, tourism stock. Now start to fly

move to ASB, tourism stock.

volume is coming, new high again..

Malaysia’s services exports to rise 8% per year in 2016-2030 — HSBC
Author: Tan KW | Publish date: Thu, 9 Mar 2017, 06:53 PM


By Neily Syafiqah Eusoff / theedgemarkets.com | March 9, 2017 : 6:03 PM MYT

KUALA LUMPUR (March 9): Malaysia’s services exports are expected to rise by an average of over 8% a year during the 2016-2030 period with TOURISM, education and health services dominating the growth, says HSBC Bank Malaysia Bhd.

"In Malaysia, service exports have become an increasingly important driver of total trade volumes and accounted for over 16% of total exports in 2015,” said deputy head of commercial banking Ng Wei Wei.

"Looking ahead, growth will average more than 8% a year on average over 2016 to 2030 while tourism will continue to play a key role, contributing more than a third of overall growth," she said at a media briefing on the HSBC Global Trade Forecast report today.

According to the report, global goods exports are expected to recover and expand gradually by 3% in value this year and by an average of 6% until 2030.

The services export side will grow by an average of 7%, contributing US$12.4 trillion to global trade flows in 2030 compared with an estimated US$4.9 trillion this year.

The report also said that while the US dollar value of global merchandise contracted by 3% last year, cross border sales of services such as tourism, banking, construction and software development has risen by 1% in nominal terms.

"We can see that technological advances, rising consumer spending and falling travel costs are boosting the services sector even as factors such as commodity price volatility and subdued investment spending weigh in growth in goods trade," added HSBC Bank Malaysia head of commercial banking Andrew Sill.

Meanwhile, the report said that the government’s ongoing focus on outsourcing will continue to drive growth in the business-to-business segment while the other services’ growth revenue is forecast to grow by 10% a year over a decade and a half.

Among the sectors that should benefit from rising global demand for services are the Multimedia Super Corridor which will continue to influence the expansion of trade in ICT services.

Moving forward, the report said machinery and equipment will be the key drivers of trade in goods, both in the export and import sides

http://www.theedgemarkets.com/my/article/malaysia%E2%80%99s-services-exports-rise-8-year-2016-2030-%E2%80%94-hsbc

Cash 161mil
Long Term Debt 46mil
Share outstanding 664mil
(161-46)/664 = 0.173
Cash ratio higher than current price,0.14.
Even include total debt 83mil, cash reserve still can cover

new high..tourism is booming when ringgit depreciate

The directors expect the uncertainty in the economic and business environment to prevail in 2017 and are cautiously optimistic that the Group will achieve satisfactory results in the year 2017.

The decrease was primarily due to the absence of festive celebrations during the
current quarter as compared to the preceding quarter..next QR will cover CNY. prawn consumption should be higher right?

opportunity to buy when low

strong buying, hopefully good QR

AYS price already high and burden with debt. SMI still low and cash is higher than debt.

engine start

slow and steady

the stock price is higher when they make a loss.

A wholly owned subsidiary company of the Company, Perantara Properties Sdn Bhd ("PPSB"),has, since year 2010, been involved in a dispute with the Joint Management Body ("JMB") of Kelana Square, Petaling Jaya (a commercial project undertaken and completed in year 2000 by PPSB) involving the car parks of the said project ("Car Parks"), which has a carrying value of RM2 million in the books of PPSB. Prior to the trial of the case, PPSB has successfully applied to have the case struck out at the Kuala Lumpur High Court ("the High Court"). However, the Court of Appeal has reinstated the case resulting in a trial.

The High Court had on 18 July 2014 decided in favour of the JMB to the effect that the Car Parks is a common property of Kelana Square. However, PPSB has since filed an appeal to the Court of Appeal.The matter was heard by the Court of Appeal on 17 February 2016 and the Court of Appeal has on 26 February 2016 decided in favour of PPSB, i.e. the car park is not a common property of Kelana Square. JMB has filed to the Federal Court and the hearing for Motion for Leave is fixed on 25 August 2016. The Federal Court has on 25 August 2016 dismissed the JMB's application for Leave to appeal with cost. As such, the ownership of the Car Parks lies with PPSB.

SMI turn to be profitable since last three quarter but the price does not move yet. Just keep your money here and be patient. Risk also very low due to very low debt. They can easily pay all debt using cash reserve.

cash rich and earning improve every quarter

Commentary on Prospects
Faced with intense competition and the volatility of raw materials prices, the Group expects the manufacturing
division’s operating environment in 2016 to be similar to 2015. Hence, its focus will be on improving operating
margin and retaining core customers. The Group’s results are however expected to improve with the on-going
property projects undertaken in 2016.

2QFY17 net profit soared more than nine times to RM5.8 mln, from RM591, 000 last year, attributed to higher export sales. Quarterly revenue also increased 14.6% Y.o.Y to RM45.1 mln, from RM39.3 mln in 2QFY16.

volume is high and price start to move. fundamental also strong.

PE for LBALUM still around 7.65. ARANK already 8.3..

Very good fundamental

3 consecutive quarter report mention that their profit increase due to other income. any idea where does it coming from?

Since domestic water tariff increase. EPS has spike up to around 5-6.8..current PE also below average PE all the time. penang has the lowest NRW level in malaysia due to high-density population. High-density population will reduce CAPEX for pipe rehabilitation due to less physical losses on water distribution system.

Barring unforeseen circumstances, the Board is optimistic that the Group would remain profitable
in the coming quarter.

yeah..dividend is coming

Leisure (Last QR on Oct 16)
The segment showed a decline in the results as compared to the preceding financial
year’s corresponding quarter due to a decrease in the number of visitors to the theme
park

This coming QR should be higher revenue from leisure due to long school break.

Contribution from the Property Development segment is expected to be higher in the final quarter of 2016 as i-SOHO project will be completed and handed over to the purchasers by end of the year. Along with the expected completion of the car park podium, the construction progress of the remaining developments (i-Suites, Parisien, Liberty and Hyde towers) can progress at a faster rate.

If debt restructure is successful, it should be better than THHEAVY due to PERISAI revenue is higher.

It was 0.14 before PERISAI get into PN17..TP 0.14 after debt restructure completed.

Up due to this issue?

Perisai Petroleum settles US$43mil dispute with JV partner-thestar

http://www.thestar.com.my/business/business-news/2016/12/24/perisai-petroleum-settles-us$43mil-dispute-with-jv-partner/

wow..

good QR coming

I made 60% from VIS when I buy during 0.225 sen. very good fundamental analysis from tradeview.

revenue will increase as long steel price still high.good QR ahead.

thanks tradeview.

good qr..putih2 melati, merah2 delima