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cmLai | Joined since 2015-12-15

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2017-12-14 12:32 | Report Abuse

YTL Corp's order book expected to balloon with Gemas-JB rail project, say analysts
http://www.theedgemarkets.com/article/ytl-corps-order-book-expected-balloon-gemasjb-rail-project-say-analysts

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2017-12-05 14:24 | Report Abuse

Vivocom seen to be entering into slower billing cycle
Vivocom International Holdings Bhd
(Dec 4, 13 sen)
Maintain buy recommendation with an adjusted target price (TP) of 33 sen per share: Vivocom International Bhd’s nine-month financial year 2017 (9MFY17) earnings came below expectations. Its 9MFY17 earnings of RM5.2 million (-72% year-on-year [y-o-y]) came below our estimates. Its net profit accounted for 5.2% of our full-year forecast. The stark deviation was due to lower revenue recognition from projects due to progress billings and delays in certification of construction progress.

The earnings estimates were varied to reflect a slower pace of construction billings. We make slight variations to our assumption as we believe that FY18 could be a better year for Vivocom to recognise its billings for its order book level but the progress will be slower.

Thus, we trim our earnings forecast for FY17 by -25% from RM99.9 million to RM79.9 million to reflect a slower billings recognition. This has resulted in a -30% reduction from the indicative value stemming from the construction segment, from RM806.5 million to RM620.6 million resulting in -22.8% of its per share value from 24.9 sen to 19.2 sen.

We are expecting Vivocom to continue to bid for affordable housing and infrastructure projects in Perak, Terengganu and the Klang Valley. We have reasoned before in our previous note that Vivocom’s margin is facing stiff pressure from higher mobilisation costs. The projects then would be strategic as it would be connected to mixed development with lower mobilisation cost hence maintaining its current margin level.

We reaffirm our “buy” recommendation with a TP of 33 sen per share based on a discounted cash flow with weighted average cost of capital of 7.4% and an enlarged share base. — MIDF Research, Dec 4
http://www.theedgemarkets.com/article/vivocom-seen-be-entering-slower-billing-cycle

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2017-11-30 19:11 | Report Abuse

Higher cost, expenses halve Vivocom's 3Q profit
http://www.theedgemarkets.com/article/higher-cost-expenses-halve-vivocoms-3q-profit
KUALA LUMPUR (Nov 30): Vivocom International Holdings Bhd's net profit about halved year-on-year to RM6.27 million in the third quarter ended Sept 30, 2017 (3QFY17) from RM12.15 million, as higher cost offset revenue gains.

Cost of sales jumped RM9.8 million or 28% year-on-year to RM45.42 million from RM35.62 million, while revenue climbed RM5.54 million or 10% y-o-y to RM61.45 million from RM55.91 million, its income statement filed to Bursa Malaysia today showed.

Administrative expenses, which jumped 159% y-o-y to RM4.12 million from RM1.59 million, also weighed on earnings for the quarter, besides a 27% y-o-y gain in taxes to RM2.76 million.

Construction segment is Vivocom's main revenue contributor at 65%, while the aluminium segment contributed 27% and the telco segment contributed the remainder.

The group's net profit for the first nine months of 2017 (9MFY17), slumped 68% y-o-y to RM17.23 million from RM53.04 million, as revenue shrank 53% y-o-y to RM148.42 million from RM319.02 million.

Vivocom said the decrease in revenue for the period is mainly attributable to the slower progress billings in FY17, compared to the aggressive roll-out of projects under the construction segment in 2016.

Notwithstanding the weaker 9MFY17, Vivocom said it is optimistic of achieving a satisfactory performance for its FY17, as it has secured numerous projects under its aluminium and construction segment, which would keep it busy for the next two to three years.

Shares of Vivocom closed unchanged today at 12.5 sen, for a market capitalisation of RM423.59 million. In the past 12 months, the stock has fallen 24%.

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2017-11-23 10:04 | Report Abuse

YTL Corp Q1 income retreats 5%
During the three months to September 2017, YTL saw its revenue growing 12.5% to RM3.93bil from RM3.49bil in the previous corresponding quarter, while its pre-tax profit grew 27% to RM440.1mil from RM346.3mil.
Read more at https://www.thestar.com.my/business/business-news/2017/11/23/ytl-corp-q1-income-retreats-5/#JRX1lFJThbeTBGub.99

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2017-11-03 18:44 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5593269
NEW SUBSIDIARY
YTL Corporation Berhad (“YTL Corp” or the “Company”) wishes to announce that its indirect wholly-owned subsidiary, Zhejiang Hangzhou Dama Cement Co., Ltd., has incorporated a wholly-owned subsidiary in the People’s Republic of China, known as Hangzhou Dama Kai Tong Environmental Technology Co., Ltd. (“Hangzhou Dama Kai Tong”) to undertake the business of treatment and disposal of waste materials. Hangzhou Dama Kai Tong is a limited liability company with a registered capital of Renminbi 1.0 million.

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2017-10-30 14:10 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/133597?m=ca
Remarks :
Subject to the approval of the Bursa Malaysia Depository Sdn Bhd for the transfer of treasury shares under the share buy back account by bulk transfer method of debiting and credit, the treasury shares to be distributed under the Share Dividend will be credited into the entitled shareholders' account maintained with Bursa Malaysia Depository Sdn Bhd within ten (10) market days from the Book Closure Date of 26 October 2017.

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2017-10-27 09:37 | Report Abuse

13 June 2017-Vivocom Enterprise Sdn Bhd (“VESB”), had on 13 June 2017, received and accepted the Letter of Award (“LOA”) from S.B.A Property Management Sdn Bhd to construct and complete the construction of 4 blocks of 1,200 units of condominiums for 1Malaysia Civil Servants' Housing Programme (PPA1M) at Lot PT 16636 Seluas 5.02 Hektar (12 Ekar), Mukim Lumut, Daerah Manjung, Perak (“Project’).
Hope for more PPA1M projects for Vivo from Budget

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2017-10-24 09:36 | Report Abuse

1.39x0.02=0.0278(treasury share)
0.0278+.05=0.0778
yesterday close 1.39
1.39-0.0778=1.312
so today open=1.31

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2017-10-24 07:33 | Report Abuse

kevin008 thank for your sharing,you are great.

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2017-10-13 17:27 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5572009
Vivocom Intl Holdings Berhad ("Vivocom" or the "Company")

We refer to the article appearing in The Star on Friday, 13 October 2017, with the headline ‘HK listed developer said eyeing controlling stake in Vivocom.’

In relation thereto, we wish to clarify that :-

1. Pursuant to the publishing of the article, the Board of Directors of Vivocom had made due enquiries with the directors and major shareholders of the Company.

2. Based on our enquiry, the Company wishes to clarify that :-

a) The major shareholders of the company, namely Ang Li-Hann and Golden Oasis Resources Sdn Bhd (“Vendors”), had on 13 October 2017 signed indicative term sheets with CNQC International Holdings Limited (“CNQC”) for the proposed sale of up to 317,920,140 and 652,346,283 ordinary shares in Vivocom Intl Holdings Berhad (“Vivocom shares”) respectively to CNQC.

b) The term sheets are subject to the signing of the final share swap agreements (“Final Agreements”) between the Vendors and CQNC. The Final Agreements would be signed at a later date subject to the terms and conditions to be negotiated and agreed upon.

c) Pursuant to the completion of the Final Agreements, CNQC will emerge as the largest shareholder in Vivocom with up to 970,266,423 Vivocom shares, or approximately 29.15% of the total issued shares of Vivocom.

3. About CNQC :-

a) CNQC is currently listed on the Main Board of the Stock Exchange of Hong Kong Limited, with a market capitalization of approximately Hong Kong Dollars (“HKD”) 4.02 billion (equivalent to approximately RM2.18 billion). CNQC is a contractor in the Hong Kong foundation industry and is principally engaged in the foundation business and machinery leasing business in Hong Kong and Macau.

b) Since 1999, CNQC has established and built a solid reputation in Singapore for being a proven property developer and contractor primarily engaged in the development and sale of condominiums in the Outside Central Region of Singapore, with three (3) subsidiaries entitled with the highest classification of “A1” grading registration under the Singapore Building and Construction Authority (BCA). In 2012, CNQC was number one (1) ranked in terms of number of property sales in Singapore among foreign property development enterprises.

c) CNQC, in turn, is part of the Qingjian Group based in Qingdao, China. The Qingjian Group is one of the first batch of premium quality construction enterprises of the Ministry of Construction in China. The Qingjian Group is accredited as one of China’s Top 500 Enterprises and ENR Top 250 International Contractors and has won awards including the highest honour in China’s construction industry of engineering quality, the Luban Awards.

The Company will make the necessary announcements once it receives further notifications from the Vendors.

This announcement is dated 13 October 2017.

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2017-09-14 19:33 | Report Abuse

If you know when finished the Private Placement,then it's the time to go up.

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2017-09-06 14:17 | Report Abuse

why suspended ????

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2017-08-31 10:18 | Report Abuse

5 days,monday also holiday.

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2017-08-30 08:42 | Report Abuse

YTL Corp boosts operating profit but earnings slip
Read more at http://www.thestar.com.my/business/business-news/2017/08/29/ytl-corp-boosts-operating-profit-but-earnings-slip/#gq3Sj2yo2bSizea2.99
The board of directors has declared an interim dividend of 5 sen per share for FY17 but no FINAL DIVIDEND (FY16: interim dividend of 9.5 sen).

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2017-08-30 07:45 | Report Abuse

YTL Power 4Q net profit almost halves, pays 5 sen dividend
http://www.theedgemarkets.com/article/ytl-power-4q-net-profit-almost-halves-pays-5-sen-dividend

On prospects, YTL Power said it has an 80% stake in Indonesian unit PT Tanjung Jati Power Co which is currently developing a 2 x 660-megawatt power plant in Java.

It has also upped its stake in Attarat Power Co to 45%, which is developing a 554MW oil shale price power generation project in Jordan.

Additionally, it has inked a share sale agreement and land lease agreement with Tenaga Nasional Bhd relating to YTL Power’s bid for a supply of 585 megawatt capacity from an existing facility in Paka, which is expected to be finalised by Sept 1.

Meanwhile, YTL Power said its mobile broadband segment had launched the 4G LTE services for mobile devices, and has emerged as Malaysia’s first voice-over-LTE service provider. “This business segment will continuously be coming up with more competitive products to increase subscriber base,” it added.

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2017-08-29 17:42 | Report Abuse

Reward of cash dividend and bonus share dividend , attractive reward to shareholder.

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2017-08-29 17:36 | Report Abuse

0.05 dividend + distribution of one (1) treasury share for every fifty (50) existing ordinary shares held ("Share Dividend").

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2017-08-24 17:46 | Report Abuse

pdchs 成也Solar.....敗也 Solar
15/08/2017 08:30

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2017-08-24 10:28 | Report Abuse

The Rights Units are expected to be listed on the Main Market of Bursa Securities on 29 August 2017.

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2017-08-20 17:59 | Report Abuse

Yes,better than EPF

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2017-07-26 08:34 | Report Abuse

Last day to log in for the Rights Issue
EX-date: 27 Jul 2017.