Lion cor already RM1 -> RM0.2 then 5 RM0.2 -> 1RM1 already.....
In 2012 Annual Report, it state :
Proposed reduction of the par value of the existing
ordinary shares of RM1.00 each in the Company (“LCB
Shares”) to RM0.20 each by the cancellation of RM0.80
each and thereafter, the consolidation of every five (5)
LCB Shares of RM0.20 each into one LCB Share of
RM1.00 (“Proposed LCB Capital Reconstruction”

Hi, what exactly is the reason lioncor slip into pn17? I read the annual report 2013, but did not get a clue.....share equity is 50% less than of the paid up capital....what is the share equity amt ? 175380k?

In 2012 Annual Report, it state :
Proposed reduction of the par value of the existing
ordinary shares of RM1.00 each in the Company (“LCB
Shares”) to RM0.20 each by the cancellation of RM0.80
each and thereafter, the consolidation of every five (5)
LCB Shares of RM0.20 each into one LCB Share of
RM1.00 (“Proposed LCB Capital Reconstruction”



Before this exercise, if the last day closing share price in market is RM1, after this exercise, what will the price adjusted to ?

The lands it hold under value.....

Hi, Green Tea and Tribaleps, thanks so much.

Hi Tribaleps, thanks for your reply, however forgive me I still not understand.... appreciate if you can elaborate further how this amount come from ? Thanks.

I would like to seek help to answer this,when I read 2013 MAYBULK annual report, it stated :
"Share of results of an associate 48,646" , I think this is referring to POSH.

This 48,646(k) is POSH share earning for Maybulk ?
or POSH profit x POSH share % hold by Maybulk?
And more importantly, this amount is actually paper gain only, is it ?
Thanks.

金獅為甚麼現在再提要搬呢?William Cheng所說的問題不是一早就存在的嗎?

Can anyone tell me after the GP own P1 30% already, is the total share issue still the same? Currently is 690,405,569, right?

I get the data from the annual Report of GP 2008-2012, and 2013 Q4 financial result

If I study correctly and get info correctly :
The GP revenue without Broadband Services are as below :
Revenue
2008 79,061,000
2009 122,335,000
2010 185,687,000
2011 297,702,000
2012 275,078,000
2013 297,856,000

http://www.nanyang.com/node/332918?tid=510%20ForceRecrawl:%200

宝钢入股Amsteel受唱好 金狮钢铁资产潜在交易
新闻中心 财经 2011-06-24 10:17


（吉隆坡23日讯）市场盛传中国的宝钢将以10亿美元（约30亿2900万令吉）收购Amsteel Mills私人有限公司（简称Amsteel）部分股权，分析员皆看好这消息，也深信这项潜在的交易可能还涉及金狮集团旗下其他的钢铁资产。
拉昔胡申研究分析员说：“我们觉得这10亿美元价格不会只收购Amsteel的部分股权，而是包括金狮集团旗下其他钢铁公司的股权。”
他引述市场资料，美国AK钢铁在今年3月完成的电弧炉（EAF）厂房，成本达1亿8000万美元（约5亿4576万令吉），钢铁生产量为每年140万吨。
“以此为参考，意味着Amsteel的价值只是大约2亿7600万美元（约8亿3683万令吉）。”
同样地，侨丰投资研究分析员亦认为，宝钢的潜在收购计划可能包括金狮集团的其他钢铁公司。
他说：“由于Amsteel仍赚钱，特别是巴生厂房和Antara钢铁在纳闽的热压钢（hot briquetted iron）业务。我们认为，金狮集团管理层可能有意退出美佳钢铁私人有限公司（Megasteel）旗下的扁铁业务。”
料成高炉策略投资者
他怀疑金狮集团可能在这交易下脱售其他钢铁业务，以全面放开在这领域的持股权。
金狮集团的其他钢铁业务包括，金狮多元控股（LionDiv，2887，主板消费产品股）在金狮DRI私人有限公司和金狮高炉（Blast Furnace）私人有限公司的100%直接持股权，以及透过金狮（LionCor，3581，主板工业产品股）直接和间接持有美佳钢铁股权。
另外，拉昔胡申研究分析员也预计，由于专业于扁钢产品，宝钢很可能是金狮集团旗下32亿令吉高炉计划的策略投资者。
“因此，我们相信该高炉计划的现有联营建议可能会取消，这项计划原本是由金狮多元控股、金狮工业（LionInd，4235，主板工业产品股）和金狮森林工业（LionFIB，8486，主板贸服股）联营。”
他补充，如果宝钢加入金狮工业，这将是一个非常利好的进展，因前者将为后者提供技术专业、财务资源、新客户群和品牌。
证实洽谈策略合作计划
针对上述消息，金狮、金狮工业和金狮多元控股今日各别发布文告，证实洽谈策略合作计划。
尽管未提及宝钢，该3家公司皆宣布，它们正针对一项潜能策略合作与数方进行初期洽谈。
它们强调：“这些洽谈仍处在探讨阶段，所以，不能确定双方最终能够取得好的结论。因此，公司会在合适时候做出相关宣布。”
它们也奉劝所有股东，若对此项宣布或他们需采取的行动感到疑惑，立即咨询各自的股票经纪、银行经理、律师或其他专业顾问。
金狮概念股闻风而起
除了金狮，金狮集团旗下上市公司周四的股价表现皆趋涨。
金狮工业休市时报1.92令吉，涨5仙、金狮森林工业报1.64令吉，涨6仙、金狮多元控股报46.5仙，涨2.5仙，金狮则报30仙，无起落。
周四闭市时，金狮工业报1.86令吉，跌1仙、金狮森林工业报1.64令吉，起6仙、金狮多元控股报45仙，扬1仙，金狮报28.5仙，跌1.5仙。

2011 OLD news woh.....

I heard from my finance friend, if I understand correctly, more than 50(51?)%, account will be consolidated. In this case, GP used to own P1 > 50%, thus P1 account will be consolidated with GP, thus balance sheet also the same. Now, GP own < 50% of P1, thus all P1 account will be remove and the coming account of GP will be without P1, I want to know how it will be....
I mean, income statement, balance sheet, cash flow, and other(s)(?)

any expert here can give some estimated figure? GP got 3 business segments + 1, Solution, 2.Broadband Services 3.Communication/Voice Services

What is the income segment of GP? How is the profit of each segment?

What is the Asset, Liability, AR, AP, borrowing, NTA, EPS of GP after non-consolidate with P1?

I start to read Annual Report of GP since 2005, hoping to see some light.....

that is what I think also...

I think we may need to check OSKTV annual report on this...

OSKTV is the single major warrant holder, I don't know how much they bought, but assume
is 0.20, meaning the total value they lost from warrant , if burnt will be :
23,505,653 x 0.2 = RM 4,701,130.6 .
Is it consider huge? or they are aiming to earn more rather than lost?

When I checked on the annual report 2012, the warrant hold by OSK :
No. of % of
Name warrants warrant holdings
1. OSK Technology Ventures Sdn Bhd 23,505,653 11.89

Exercise Right : Each warrant entitles the registered holder to subscribe for one new ordinary share of
RM0.20 each in the Company at an exercise price of RM0.95 per ordinary share

1994...now is 2014......uncle Pi Di....thank you

Pi Di Tan, though I may not agree, but I like your post and I give you a "LIKE"

7.1 Proposed Dilution
The Proposed Dilution arises as a result of the Mobikom Subscription which is undertaken to bring in Mobikom/TMB as a driving partner to develop the business of PON.
The Proposed Dilution is aimed at establishing a partnership framework and collaboration between TMB, SKT and POSB to drive the business of PON, currently Malaysia’s leading WiMAX wireless provider, and leverage on the long term evolution (“LTE”) technology to deliver high-quality and reliable data services across all segments of the community. PON will capitalise on its spectrum assets, existing wireless platform and network footprint of close to 2000 sites, and experienced management and organization to expedite its entry into the LTE space.
In addition to the joint investment, the partnership framework will see each party contribute its strength into PON in order to offer consumers high-quality wireless data services with an overall better consumer experience. TMB, the holding company of Mobikom, being the incumbent and leading fixed-line and broadband provider in Malaysia will anchor the growth and development of PON’s future business whilst SKT, the number one South Korean mobile operator in one of the most advanced LTE markets globally will be able to continue contributing its valuable technical and strategic know-how. The Company, the indirect holding company and founder of PON, is a global player in 4G devices and has led PON to become a leading wireless player. The Company will continue to lend its management expertise to PON and contribute to the LTE device ecosystem. This transaction brings together three complementary partners who will collectively work towards achieving the shared vision of delivering converged communications services.
Notwithstanding the above, the Mobikom Subscription will provide additional working capital to PON to meet its short to medium term working capital and capital expenditure requirements. This will ease the financial strain on the Company which has been supporting the business operations of PON since its incorporation. Although the Proposed Dilution (together with the implementation of the Proposed Acquisition and the PON Internal Restructuring) effectively dilutes POSB’s shareholdings in PON from 55.0% to 30.0% (subject to closing adjustments), the Company will continue to participate in the future business of PON and benefit from potential synergies as well as the strengths and expertise brought in by the TMB Group as well as by SKT into PON through the partnership.

Upon completion of the Investment Agreement and subject to closing adjustments, Mobikom will emerge as the largest shareholder of PON, with a 56.8% equity interest in PON. Simultaneously, the equity interest of the Company, via POSB, in PON will be diluted from 55.0% to 30.0% (“Proposed Dilution”).

goodwill?

thus a lot of fund not reflected as asset.....

I think GP spent too much on "POTONG" advertisment.....

TM and SK are two major shareholders of P1 ? How many % SK hold?

My personal opinion, if I understand correctly, a total of 1.65B will put in gradually for P1LTE roll out. TM spend 1.65, it either do it themselves or engage ppl to do. So who will be the ppl? SK is master in this LTE, wimax, I think. and GP also, I think.

I quite agree with AsiaWarrentBuffett, the more ppl said TM P1 deal bad to TM, is good to GP

I will study and verify, thanks.

Hi, Leesk, not understand, can elaborate further? Thanks

我等到花兒也謝了

however, the Other operating income look like is not the core business....

correction : Assume whole year = 1.06 x 4 = 4.24 Sen

P&L getting from LionDIV 14Q2
(3 Months ended)
Revenue 446,561,000
Operation expenses (413,304,000)
Other operating income 6,649,000
-----------------------------
Profit/(Loss) from operations 39,906,000
Finance costs (21,433,000)
Share of results of associates (16,303,000)
Share of results of
jointly controlled entities 395,000
Impairment loss on assets (5,758,000)
-------------------------------
Loss before taxation (3,193,000)
Taxation (3,691,000)
-------------------------------
Net loss for the
financial period (6,884)

EPS (0.49) Sen



P&L getting from LionDIV 14Q2
This time, I take out
1.) Share of results of associates (16,303,000)
2.) Share of results of
jointly controlled entities 395,000
3.) Impairment loss on assets (5,758,000)


(3 Months ended)
Revenue 446,561,000
Operation expenses (413,304,000)
Other operating income 6,649,000
-----------------------------
Profit/(Loss) from operations 39,906,000
Finance costs (21,433,000)

-------------------------------
18,473,000
Taxation (3,691,000)
-------------------------------

14,782,000

EPS 1.06 Sen
Assume whole year = 1.06 x 4 = 4,24 Sen
PE 3.77

Am I right for this calculation?

May I know when said 1B to buy over P1, is it buying 100% of P1 stake then 55% to GP or 100% buying GP's 55% ?

What do you think the "TRUE" PE of LionDIV will be?

NA > RM4.xx?

Thanks bro

Am I right to say that I need to pay 0.95 for conversion. So if I bought 0.11 for 1 lot of warrant, and pay 0.95 later for conversion then it will be 0.95+0.11 = 1.06? 1.06 will be my purchase price for 1 lot of GP?

why ppl still want to buy warrant?

I know the market is adverse, but still got company make money....why not lion?

Masteel is making money(profit),why not Lion? different sector of steel product?

Guys, If I am not wrong, the NA is 0.81 woh.....now is 0.16........er.....

And its :
Year To Date
31-12-2013 31-12-2012
Cash & cash equivalents at end of the financial period 220,074 133,946

Good Sign?

Read on the Q2 Financial Report, in income statement, Year to date Loss before taxation=174,022K. But if read on the cash flow, the operation profit is actually 16,630K.
Does it mean it already turn to profit?

What is : Adjustments for:
Non-cash items 71,273K
Non-operating items 119,379K ???

I noted the announcement on 26-11-2013, There are 2 proposals to be signed for rental. Total RM650,878 Per Month=7,810,536 per year.Does it mean in near future Lion Corp will have extra rental income of abount 8mil per year?