hongwei

hongwei | Joined since 2014-06-23

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2023-10-23 09:39 | Report Abuse

ITRONIC与两方合作 打造交怡国际免税城
Nanyang Sat, Oct 21, 2023 06:06pm - 1 day


(吉隆坡21日讯)工业电子(ITRONIC,9393,主板科技股)宣布,与中国港湾(CHEC)和ECHO ASIA签署协议备忘录,合作在浮罗交怡设计和建造国际免税城。

该公司周五向马交所报备,根据协议,工业电子将作为项目管理公司,ECHO ASIA将向工业电子提供有关建造国际免税城的要求和详细信息,包括所需土地与建筑面积、设计规格、预期成本等。

此外,工业电子及子公司将负责与地主洽谈,以获得所需土地,包括价格、条件和条款。

同时,中国港湾则负责为设计提供咨询,并按照工业电子提出的规格建造。

该公司预计,这项合作将为公司未来盈利做出积极贡献。

中国港湾是世界著名建筑公司中国港湾工程有限公司的全资子公司,在交通基建的建设与开发,拥有专业技术和经验。

ECHO ASIA则是香港上市公司ECHO国际控股集团的子公司,主要从事电子产品及配件的制造和贸易。

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2023-09-06 15:45 | Report Abuse

Expect to continue rising tomorrow.

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2023-09-04 16:14 | Report Abuse

星洲日報/投資致富‧企業故事
經營能力曾被稽查師質疑 海聯國際短短半年霸氣轉身

Tan KW
Publish date: Mon, 04 Sep 2023, 02:51 PM


剛過去的財報季,油氣股業績和股價頻頻報捷,繼續彰顯領域復甦威力。

其中,岸外支援船(OSV)市場持續轉強,業者樂觀程度多年未見,展望相當強勁。

本期《股海撈月》決定聊聊一家業績強勢復甦的支援船業者──海聯國際(SEALINK,5145,主板交通物流組),看看這家一度被稽查師質疑持續經營能力的公司,如何在短短半年內霸氣轉身,以實際表現自證實力。

9月4日见报///股海捞月|经营能力曾被稽查师质疑 海联国际短短半年霸气转身

穩健立足支援船市場
歷史可追溯至1974年的海聯國際,最初是提供租船服務予非油氣領域,如釣魚、打撈、採礦、伐木等,一直到1994年才開始進軍岸外油氣支援市場,並在1997年進一步染指造船業務,成功趕上國內上一波造船熱潮,也漸漸在支援船市場站穩陣腳。

當年支援船和造船需求高漲,刺激海聯國際業績步步高昇,該公司於是在2008年決定趁熱上市馬股,集資加速業務擴張,上市後該公司曾風光一時,支援船和造船業務訂單持續湧入,業績頻頻報捷,然而隨造船熱逐漸散去,造船業務開始因缺乏訂單而陷入虧損,加上後來油價暴跌和支援船供應大增引發供過於求,嚴重衝擊支援船業務,業績逐年敗退,陷入痛苦而漫長的領域寒冬。

和其他領域同儕一樣,海聯國際這些年過得異常辛苦,核心業務的龐大資產貶值壓力,在市場低迷之際顯得格外沉重。從2016至2022年的7年間,該公司每年皆被迫苦吞介於2000萬至6500萬令吉淨虧損,可謂觸目驚心,以致後來外部稽查師不禁質疑公司持續經營能力。

沒發新股集資 債務大減
但值得注意的是,公司這些年業績雖慘不忍睹,但絕大部分虧損是賬面資產貶值所致。因此,在2015年杪仍揹負超過3億2000萬令吉貸款的海聯國際,雖經7年慘虧,來到2022年杪總貸款額卻大幅降低至逾5800萬令吉,猛降超過80%,期間甚至不曾發行任何新股集資,這可謂隱藏亮點。

熬過漫長寒冬,海聯國際終於盼來春天。隨油氣投資強勢復甦,支援船需求終於也明顯轉強,而多年缺乏投資造成的供應限制,讓市場逐漸陷入供不應求的新格局,且受諸多因素阻擾,包括剛擺脫領域頹勢的業者財力有限、新船投資意願低迷、貸款不易等,供不應求的趨勢不太可能在短期內逆轉,

這就讓順利挺過最艱難時期的業者們,逐漸成為新市場趨勢下的贏家,當中自然也包括海聯國際。比起建造新船,大劫剛過的業者們如今顯然更傾向憑自己僅剩的船舶,儘量趁好景最大化資產回酬,直至財務足夠強穩才視情況再謹慎投資新船。回看領域早期慘況,這確實是最妥善穩健的做法。

除了在美里的兩個船塢擁有每年建造至少15艘船舶(視船種和複雜度而定)的潛在產能,海聯國際旗下還擁有22艘各式支援船,不但能立即受惠於支援船市場復甦,未來也有機會在造船訂單重新湧現時分一杯羹,於當前趨勢下處於有利位置,畢竟我國支援船市場的船舶老化問題持續惡化,造船訂單在中長期內迴歸是預料中事。

最新業績營收倍增 轉虧為盈
在市場復甦刺激下,截至2023年6月30日止第二季,海聯國際營業額按年大漲95.98%至3153萬令吉,同時還一舉轉虧為盈,報淨利734萬令吉,對比前期淨虧105萬令吉,表現令市場眼前一亮,業績大幅改善主要因船隊使用率上揚,與領域復甦趨勢一致。

另外,最新季報也顯示公司總貸款進一步減剩5162萬令吉,雖然短期債務高於短期資產是潛在隱憂,也是稽查師擔心的事項,然而需留意的是情況其實從去年起便持續改善,短期資產對比債務的逆差,已從2021年杪的6766萬令吉,明顯改進至今年6月杪的3863萬令吉,須知這結果還是在業績持續虧損期間取得,證明公司有能力扭轉局勢。

營運現金流強勁
更關鍵的是,如今業績和業務展望明顯改善,加上營運現金流強勁,這些皆已開始反映在最新財務數據中,只要未來業績持續反彈,以公司資產負債表規模而言,短期流動性疑慮迎刃而解是遲早的事。

管理層對展望十分樂觀
展望未來前景,公司管理層在最新季報中顯得十分樂觀,表示隨客戶需求勢頭保持強勁,預計在公司船舶需求走高帶動下可取得更好的成績,根據國家石油(Petronas)描繪的領域前景,2023年料會是油氣業明亮的一年。

“我們有信心岸外支援船需求將在今年裡持續轉強。與船舶需求走高一樣令人感到鼓舞的,還包括支援船供應持續減少,目前市場能供使用的船舶非常有限,顯示供應將延續逐漸下滑趨勢。因此,我們認為領域將受惠於中長期需求升勢及船舶供應逐漸減少,這樣的供應失衡會繼續為船舶租金和使用率營造上漲機會。”

該公司還強調,其定期貸款從去年12月的1900萬令吉,減剩今年6月的1500萬令吉,進一步降低27%,足以說明公司業務的可行性,公司放眼贏下更多新租約,並已採取措施強化競標能力,今年會繼續找尋改善財務表現的機會,同時會藉助核心強項和改善效率來取得更好成績。

以截至上週五的15仙閉市價計算,海聯國際市值僅為7500萬令吉,相信估值已全面反映短期流動性疑慮,畢竟以該公司每股45仙的淨資產值而言,股票目前僅以賬面值的0.33倍交易,遠低於馬股其他支援船同儕介於0.5倍至0.9倍不等的交易估值。

倘若最新業績的強勁勢頭得以持續,甚至進一步改善,估值料有機會追上同儕,順著油氣業復甦異軍突起,畢竟在估值偏低之際,業績和財務持續轉強往往將大幅提振投資魅力,讓市場難以繼續忽略,且經歷慘烈的週期洗禮後,目前仍主攻岸外支援船業務的馬股上市公司已所剩無幾,而那些成功存活下來的,有望在領域轉好之際變得更強,海聯國際目前正是處於這樣一個有利環境中。

整體而言,海聯國際透過強勁的最新季報吹響了復甦號角,儘管強勢業績的持續性還有待觀察,但能夠肯定的是,支援船市場經已否極泰來,船舶租金和使用率也持續改善中,讓業務基礎依然穩定的海聯國際正如同其他同儕般,迎來業績和財務上的重大利好,展望可期。

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2023-08-25 14:44 | Report Abuse

The airport train project is lost and recovered? It is rumored that Pestech is looking for Ipoh engineering help
(Kuala Lumpur, 25th) According to rumors, Pestech International (Pestech, 5219, motherboard industrial product service group), which was canceled at the airport train contract), will suggest that the major shareholder Ipoh Engineering (IJM, 3336, Main Board Construction Group) will form a joint venture to promote This project strives to complete 3 months in advance to fight for the project restart. The "Star" quoted people familiar with the matter and said that the senior management of Ipoh Engineering and Pestech International has met with the management of the Malaysian Airport (5014, Main Board Transportation Logistics Group), and proposes a proposal for the airport train project worth RM743 million. Pestech International has obtained the airport train project through the wholly -owned subsidiary Pestech Technology Personal Co., Ltd.. According to the above proposal, Pestech International recommends transferring 50%of Pestech Technology to the joint venture company, and changed from the Ipoh engineering leading airport train project to ensure Can be completed as scheduled. The original proposal of the airport train project was March 2025. The person said: "The airport trains have been fully closed. If this advantage is used well, the new project will be completed in December 2024, which will be compared to the original date. Completed 3 months in advance. "It is reported that Ipoh Engineering and Pestech International guaranteed to Malaysia Airport at the conference that because the airport train project has completed about 40%of the project, it is only about two months. "Upper" progress. Lin Peichuan, director of Pestech International, told the Star that after the airport train project was canceled, the company and Ipoh's engineering had indeed made new proposals to Malaysian airport management, but he refused to disclose more details. On August 16, Pestech International received a notice from Malaysia Airport to terminate the airport train project. According to rumors, Malaysia Airport is considering launching restricted bidding activities, and only allows other companies such as MMC institutions (MMCCORP) to participate in the progress of airport train projects.

Stock

2023-08-16 16:06 | Report Abuse

Director's Particular:
Name
DR LOH YEE FEEI
Details of Changes:
Currency
-
Date of Change Type Number of Shares Price
15-Aug-2023 Acquired 200,000 0.400
Registered Name
DR LOH YEE FEEI
Nature of Interest
Direct Interest
Consideration
RM 0.400
Date of Change Type Number of Shares Price
15-Aug-2023 Acquired 150,000 0.400
Registered Name
LOH EE HENG
Nature of Interest
Indirect Interest
Consideration
RM0.400
Nature Interest
Direct and Indirect Interest
Shares
Ordinary Shares
Reason
1) Acquisition of 200,000 Ordinary Shares via open market transaction. 2) Acquisition of 150,000 Ordinary Shares by his son, Mr Loh Ee Heng via open market transaction. Deemed Interested pursuant to Section 8 of the Companies Act 2016.
Consideration
-
Total no of securities after change:
Direct (units)
3,333,000
Direct (%)
1.21
Indirect (units)
4,532,000
Indirect (%)
1.65
Total (units)
7,865,000
Total (%)
2.86
Date of Notice
15-Aug-2023

Stock

2023-04-12 16:22 | Report Abuse

SYSCORP
0.630
+0.08 (+14.5%)
Immediate Announcement on Shares Buy Back
SHIN YANG SHIPPING CORPORATION BERHAD

Date of buy back 10 Apr 2023
Description of shares purchased SYSCORP (5173)
Currency Malaysian Ringgit (MYR)
Total number of shares purchased (units) 100,000
Minimum price paid for each share purchased ($$) 0.540
Maximum price paid for each share purchased ($$) 0.540
Total consideration paid ($$) 54,000.00
Number of shares purchased retained in treasury (units) 100,000
Number of shares purchased which are proposed to be cancelled (units) 0
Cumulative net outstanding treasury shares as at to-date (units) 61,409,700
Adjusted issued capital after cancellation
(no. of shares) (units) 1,200,000,000
Total number of shares purchased and/or held as treasury shares against total number of issued shares of the listed issuer (%) 5.11748



Announcement Info
Company Name SHIN YANG SHIPPING CORPORATION BERHAD
Stock Name SYSCORP
Date Announced 10 Apr 2023
Category Immediate Announcement on Shares Buy Back
Reference Number SB1-06042023-00003

Stock

2023-04-12 11:43 | Report Abuse

At least it will return more than 0.50.

Stock

2023-04-07 10:19 | Report Abuse

economic news
Anhua's visit to Huahua, fruitful results, Chinese investment will come to Malaysia to discuss cooperation in new energy vehicles

April 06, 2023
Zheng Likang
At the meeting, Zheng Likang earnestly reported on the future plans for Malaysia-China cooperation.

(Putrajaya, 6th) The fruitful results of Prime Minister Dato’ Sri Anwar’s visit to China have gradually taken shape. Chinese companies will come to Malaysia one after another to discuss cooperation opportunities in the field of new energy vehicles.

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Minister of Science and Technology Zheng Likang pointed out that among the 36 large Chinese companies that the Prime Minister met with in China a few days ago, in addition to the Chinese companies that have signed a memorandum of understanding with our country, some other companies that have not signed any memorandum of understanding also expressed their desire to invest in Malaysia. interest.

"Other companies are also wanting to cooperate with Malaysia and come here to produce products. For example, two Chinese new energy companies, namely electric vehicle companies, will come to Malaysia to explore the possibility of cooperation the day after tomorrow."

Zheng Likang pointed out this at the Chinese media joint interview meeting on Malaysia-China cooperation plans and prospects today.

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In addition, he revealed that two Chinese electric vehicle companies, China Harmony Auto Holding Limited and GAC AION New Energy Automobile Co Ltd, will arrive in my country in two days. Investigate the ecology of electric vehicles and explore the possibility of setting up a factory in Madang.

Zheng Likang emphasized that every company that has signed a memorandum of understanding with our country is very enthusiastic, including Li Shufu, chairman of China's Zhejiang Geely Holding Group (Geely), who will come to Malaysia this year.

“Because of our trip to China a few days ago, one of the plans we vigorously promoted was the development of new energy, including the development of electric vehicles and hydrogen, so we also took this opportunity to vigorously promote the automotive high-tech valley in Tanjung Malim, Malaysia. (AHTV) plan, that is mainly the Automotive Technology Industrial Park.”

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He pointed out that the main task of the visiting delegation to China this time is to focus on the development of new energy vehicles, mainly electric vehicles, which also includes auto parts manufacturers, and the Ministry has also been approved by the Ministry of Trade and Industry to allow participating Invested companies get some preferential conditions, so he welcomes all companies to invest in the Automobile High-Tech Valley.

He added that the preferential conditions for the investment plan of the automobile industrial park approved by the Ministry of Trade and Industry include tax exemptions, but the relevant details must be obtained from the Ministry of Trade and Industry.

Ministry of Science and Industry receives RM32.5 billion investment

Zheng Likang mentioned that the Ministry of Science and Industry has also received an investment of RM2.5 billion from China's Shanghai Deheng Data Technology Co., Ltd. (DC-Sciences Co Ltd) to set up the first high-performance data center in Senna Science Park, Johor.

“Out of the RM170 billion investment commitments received during the Prime Minister’s visit to China, the Ministry of Science and Industry received RM32.5 billion in investment.”

A few days before the visit to China, MRANTI and TusStar signed a memorandum of understanding

On the other hand, Zheng Likang revealed that a few days before the Malaysian visit to China, they had signed a memorandum of understanding through the Malaysian Technology and Innovation Research Accelerator (MRANTI) and the Chinese enterprise TusStar.

"This is the largest startup incubator in China, and MRANTI has been involved in this area, so the two companies signed a memorandum of understanding."

In addition, he pointed out that Malaysia Nano Corporation and Suzhou Nano Technology Development Co., Ltd. also signed a memorandum of understanding.

Stock

2023-04-05 08:51 | Report Abuse

We must believe in the unity government, and the EV plan will definitely be realized.

Stock

2023-04-03 11:22 | Report Abuse

征阳集团和IAT合作成立特别用途公司
吉隆坡11日讯)征阳集团(Sunsuria Bhd)与IAT Automobile Technology Co Ltd签署股东协议,成立特别用途公司(SPV)。

征阳集团今日向大马交易所报备,征阳集团和IAT通过联营协议,承担和从事汽车相关业务和/或其他相关业务。

征阳集团指出,此举是集团追求提升开发项目价值链和活力的一部分,例如位于雪兰莪雪邦的Sunsuria City。该集团还旨在促进发展成为跨国公司的全球商业中心,因为他们的东盟汽车设计和创新中心计划设在Sunsuria City。

Stock

2023-03-29 09:38 | Report Abuse

If HSI still rises tomorrow the stock price will be above 0.20.

Stock

2023-03-24 16:51 | Report Abuse

Next Monday WC will move towards 0.25.

Stock

2023-03-24 16:50 | Report Abuse

Next Monday WC will move towards 0.25.

Stock

2023-03-15 16:13 | Report Abuse

https://www.eventure.com.my/blog/oppstar-q3-ye-ji-kai-xiang
Oppstar | Q3 业绩开箱

Mar 10, 2023
Eventure Admin
0 likes
0 comment(s)
IC 设计公司 Oppstar Berhad(OPPSTAR、0275)在数天前公布了他们的 IPO “成绩”,而该公司的超额认购倍数也非常的大,达到了 77.05 倍;那虽然有很多读者跟版主 “投诉” 他们没有获得这次的 IPO,但是我们仍然是可以留意看看该公司的业绩表现。

由于公司在季报中并无可比较的数据,我们只能参考招股书内过去的业绩。

699_1678445348.png
资料来源:Bursa Malaysia、公司

*OPPSTAR 的财政年是在 3 月 31 日结算,而 FPE 则是代表 6 个月的数据。

在 2022 财政年内,OPPSTAR 的营业额为 RM 50.6 Million,税前盈利(“PBT”)则是 RM 23.1 Million;如我们将该业绩除于 4 个季度的话,OPPSTAR 平均每个季度的营业额为 RM 12.6 Million,PBT 则是 RM 5.8 Million 左右。

以 FPE 2023 的 RM 28.8 Million 的营业额和 RM 13.8 Million PBT 来计算的话,公司在 FPE 2023 平均每个季度的营业额和 PBT 则分别为 RM 14.4 Million 和 RM 6.9 Million。

441_1678445397.png
资料来源:Bursa Malaysia、公司

在该季中,OPPSTAR 约有 78.63% 的营业额来自于其 Turnkey IC 设计业务(还没有看过 OPPSTAR 业务详细解说的可以看看这里),其中大部分的订单都是来自于中国和马来西亚;目前公司在该季的季报中也有提到,他们也获得了 “特定” 的订单,版主在这里猜测着主要是指他们近期内获得 3nm 工艺节点(“Process Node”)。

那如果我们将 OPPSTAR 在该季中的 RM 14.6 Million 的营业额和 RM 5.9 Million 的 PBT 跟 2022 财政年的平均值计算呢,公司的营业额上涨了 15.55% 左右,PBT 则是提高了 2.34%;作为参考,公司在该季中也包括了 RM 0.2 Million 的一次性上市费用,否则的话其 PBT 理应可以提高 5.80% 左右。

若是对比 FPE 2023 的业绩的话,公司的营业额则是稍微提高了 1.37% 左右,而 PBT 则是下滑了 14.03% 左右(这里的 PBT 并没有纳入上市开销的考量,因为 FPE 2023 9M 共有 RM 0.8 Million 的 IPO 开销,因此在 Q1、Q2 中也都是有该开销的)。

不过对此,公司在该季中并无提到其 PBT 稍微下滑的因素,唯有等到下个季度中我们才能获得更多的咨询;但长期来说,版主相信 OPPSTAR 仍是有成长的。

158_1678445493.png
资料来源:Bursa Malaysia、公司

在 2023 财政年 9M 中,OPPSTAR 共创造了 RM 6.2 Million 的净经营现金收入,公司在加上 IPO 集资之前手中也有也有高达 RM 15.7 Million 的现金;同时 OPPSTAR 在招股书内也有提及他们将会落实 25.0% 的股息政策(“Dividend Policy”),但公司在该季中并无献议派发任何的股息。

当然对于许多的读者来说,OPPSTAR 的股息还是其次,更为重要的还是该公司的未来成长;公司在季报内就有提到 Smith Zander International Sdn. Bhd.(“Smith Zander”)预计全球 IC 设计的销售将会从 2022 年的 NTD 5.6 Trillion 持续提高到 2023 年的 NTD 5.74 Trillion,该成长主要来自于科技的持续研发,IC 设计的外包服需求增长,以及半导体本身的成长所带来的效应。

最后,不知道这里有幸运的读者抽到 OPPSTAR 吗?

Stock

2023-03-15 09:35 | Report Abuse

SMRT is another option besides OPPSTAR.

Stock

2023-03-08 12:13 | Report Abuse

Can break RM1 within this week

Stock

2023-03-08 11:09 | Report Abuse

Now the fund dominates, retail investors just follow.

Stock

2023-03-03 11:19 | Report Abuse

Because there is still such a long time until August, if the stock price does not fall, there will not be much fluctuation.

Stock

2023-03-03 09:24 | Report Abuse

It can be seen that each pullback quickly rebounds proving that there is a fund in the buy.

Stock

2023-03-03 09:04 | Report Abuse

KUALA LUMPUR (March 2): EA Technique Bhd (EATech), which could potentially see the emergence of a new shareholder, has received an extension up till Aug 24 to submit its regularisation plan to the authorities.

The stock price should pull back after this news is announced.

Stock

2023-03-02 16:01 | Report Abuse

Heard that it can go up to RM70 like before genetec.

Stock

2023-02-23 16:48 | Report Abuse

Optimistic about reaching RM1 in the short term

Stock

2023-02-21 09:53 | Report Abuse

This dark horse is starting to come.

Stock

2023-02-16 12:15 | Report Abuse

Just going to announce QR and nothing else. Next QR | Est. Ann. Date

31-Dec-2022 | 21-Feb-2023

Stock

2023-02-16 08:51 | Report Abuse

MYEG和黄天顺再买进400万股 股价强弹11%
Sinchew Wed, Feb 15, 2023 08:46pm - 12 hours




(吉隆坡15日讯)MYEG服务(MYEG,0138,主板科技组)和大股东周三(15日)再买进总共400万股。

交易所资料显示,黄天顺透过Asia Internet控股以每股62.5仙买进200万股,而该公司也回购200万股,每股交易价63仙。

周三闭市,MYEG服务再成为最热门股,交易量高达4亿4405万零700股。MYEG周二表示服务照旧,加上市场消化了过去一周的消息,投资者趁低买进,其股价周三明显回升,收市报69.5仙,全天涨7仙或11.20%。

Stock

2023-02-15 16:51 | Report Abuse

Techbond Group | 收购案后、重燃价值?

Author: Eventure Group | Publish Date: 03 Jan 2023, 10:54 PM



不知道读者们对于这家在 2018 年上市的 Techbond Group Berhad(TECHBND、5289)还有印象吗?

版主在最近才留意到该公司在沉寂了一段时间后,突然公布将会以 RM 57.25 Million 收购郭鹤年旗下的一家和 TECHBND 本身业务相近的公司,算是有些 “惊喜” 的元素。

那么在今天的文章中,我们将会一起讨论 TECHBND 的收购案、公司在近期内的业绩表现以及前景展望。

先简单介绍 TECHBND 所收购的对象;这次 TECHBND 将会以 RM 57.25 Million(全现金,并不是发新股)收购 Malayan Adhesives And Chemicals Sdn. Bhd.(“MAC”)的 100.0% 股权,而 MAC 的核心业务除了有涵括和 TECHBND 服务相近领域的工业粘合剂(“Industrial Adhesive”)之外,也有其他的贴接(“Bonding”)材料等,如用于制造玻璃纤维(“Fibreglass”)的酚醛树脂(“Phenolic Resins”)、可以用于建材绝缘(“Insulator”)的酚基微球(“Phenoset Microspheres”)等。

那站在企业的角度来说,这次 TECHBND 除了收购 MAC 的业务之外,也可以接触 MAC 的客户群和技术;如果应用得当的话,有机会带来一加一大于二的经济效应。


资料来源:Bursa Malaysia、公司

而从财务表现的角度来看呢,MAC 在 FYE 2021 中的净利(“PAT”)为 RM 3.7 Million;以该 PAT 为计算的话,TECHBND 收购 MAC 的估值则是在 15.46 倍左右,对比 TECHBND 本身的 18.91 倍 PE(按照该文告中提及的估值)来说是较为便宜的。

不过呢,许多投资者忽略了在 MAC 完成出售之前还会支付一个 RM 5.0 Million 的股息给现有的股东,因此 TECHBND 收购 MAC 的成本应该是 RM 57.25 Million 加上 RM 5.0 Million 的 “隐形成本“,实际成本大约为 RM 62.25 Million 左右。


资料来源:Bursa Malaysia、公司

那为什么我们在之前会提到企业大亨郭鹤年的名字呢?

在上图中所提及的 “CQ“ 呢,其实全名为 Chemquest Sdn. Bhd.(“CQ”);而有趣的是 CQ 的股权是由 PPB(4065)持有 55.0% 的,至于剩余的 45.0% 则是由 Kuok Brother Sdn. Bhd.(“KBSB”)所持有,但 KBSB 也同时是 PPB 的大股东,因此,MAC 的有效大股东其实也是郭鹤年。


资料来源:Bursa Malaysia、公司

除了该收购案之外,公司值得留意的就是公司在 Q1 中所创下了历史新高业绩;TECHBND 在该季中的营业额为 RM 23.4 Million,而净利则是 RM 4.5 Million 左右。


资料来源:Bursa Malaysia、公司

在 Q1 季报中,我们可以看到 TECHBND 的营业额仍主要是来自于粘合剂和密封剂(“Sealants”)的制造业务中;当然在去年同期(2021 年的 7 月份至 9 月份)中,公司在马来西亚和越南的运作还仍被 COVID-19 影响,因此其营业额在低基数(“Low Base Effect”)效果之下,上涨了 53.13% 左右。

而公司在运作效率和营业额都提升的情况之下,其税前盈利(“PBT”)也从 RM 1.8 Million 左右提高至 RM 4.9 Million,提高了 178.22% 左右;这其中也包括了公司在该季中的 RM 2.8 Million 外汇盈利(主要是 USD/MYR 和 USD/VND 走强),作为参考,去年同期的外汇盈利则是只有 RM 0.7 Million 左右。


资料来源:Bursa Malaysia、公司

但在按季比较之下呢,TECHBND 的营业额则是下滑了 4.31% 左右;管理层提到这主要是因为其客户的需求放缓所致。

如果读者们回顾公司的客户群的话,其中木工领域(包括家具领域)占据了公司非常大一部分的收入,目前我们也看到美国因为通膨的关系也出现了需求端的放缓,影响了马来西亚和越南家具的销量,这也间接影响到了 TECHBND 本身粘合剂的销量,这一点也是读者们需要留意的。

有趣的是,在营业额下滑之下,我们仍看到了 TECHBND 的 PBT 和税后盈利(“PAT”)分别上涨了 2.89% 和 1.37%;这主要是因为公司在去年 Q4 的外汇盈利为 RM 2.4 Million 左右,而在该季中则是上述提及的 RM 2.8 Million,两者之间有一个大约为 RM 0.4 Million 的外汇盈利,所以实际上在按季比较之下,TECHBND 的盈利是有所下滑的。

以前景展望来说,TECHBND 在该季中也有特别提到他们分散了客户群领域的集中,主要是公司在近期内有获得了数个新的客户;同时,公司位于越南的上游聚合化(“Polymerization”)厂房也通过了客户的审核,预计在接下来可以提高该厂房的使用率,而这两个因素则预计会降低成本波动的风险,但总的来说,管理层对于长期的发展仍然保持乐观。

对于版主个人而言呢,其实 TECHBND 确实是为数不多的 Small Cap 好公司(即管理层和业务都不错),但如果有跟进 TECHBND 的读者应该会留意到他们在近期内并无提及与 MPOB 的合作,这一点是比较可惜的。

那么,读者们又将会如何看待 PE 不到 15 倍的 TECHBND 呢?

Stock

2023-02-15 16:18 | Report Abuse

Tomorrow it can break above 0.3.

Stock

2023-02-13 16:18 | Report Abuse

Start rally towards 0.80

Stock

2023-02-13 09:07 | Report Abuse

It may be that the rise will lead to arbitrage, and it will not rise until closer to the dividend date.

Stock

2023-02-13 08:56 | Report Abuse

Rumors have it that the bonus stock scheme is coming.

Stock

2023-02-10 09:26 | Report Abuse

The smaller the number of stocks, the easier it is to speculate.

Stock

2023-02-08 16:13 | Report Abuse

Rebounded from the low 0.16-0.20

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2023-02-08 09:10 | Report Abuse

See if you can pass 0.70 today.

Stock

2023-02-07 16:04 | Report Abuse

(八打灵再也7日讯)MYEG服务(MYEG,0138,主板科技组)澄清,该公司董事局未曾和内政部或移民局展开会议,以商讨让国家综合移民系统(NIISe)取代所有移民交易,包括签证、工作准证、护照申请和更新等。

该公司今日针对英文媒体《新海峡时报》发表题为“新系统可能会严重打击电子政务公司”及《今日自由大马》发表题为“移民局于2025年时不再需要MYEG服务”的报道,做出上述声明。

声明指出,任何关于主要市场要求的资讯,董事局必定会及时向大马交易所做出汇报。

移民局总监拿督斯里凯鲁日前接受新海峡时报专访时说,所有与移民局相关的事务,包括现在被外包的MYEG服务,预料会在2025年时回归该局,并由新的NIISe系统取代所有移民局交易。

有关消息也令到MYEG服务(MYEG,0138,主板科技组)股价遭受重创,今早开盘狂泻31.41%或30仙至65.5仙。

Stock

2023-02-07 09:34 | Report Abuse

It will return to 0.80 in the afternoon.

Stock

2023-02-03 10:05 | Report Abuse

Next QR | Est. Ann. Date

31-Dec-2022 | 25-Feb-2023

Stock

2023-02-03 09:41 | Report Abuse

Blog: YGL - can it be the next NYLEX, JCY, SYSTECH & AXTERIA? penny stocks that gave more than 100% return !

Stock

2023-02-03 09:33 | Report Abuse

Today it's YGL's turn to perform.

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2023-02-02 10:44 | Report Abuse

There is still upside away from the 1.00 target.

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2023-01-31 12:27 | Report Abuse

The last time he bought it at 0.22 and then fell until 0.11, which caught him for several months before he could get out of trouble today.

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2023-01-31 11:11 | Report Abuse

Don't rush to sell if you know it will go up at a higher price.

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2023-01-30 15:50 | Report Abuse

It should be able to move above 0.30 before the market closes.

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2023-01-30 15:15 | Report Abuse

There's still a lot of upside.

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2023-01-27 11:09 | Report Abuse

Depending on the situation, this new client should be able to bring the stock price back to the previous price.

Stock

2023-01-26 15:14 | Report Abuse

Cypark brother style

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2023-01-26 08:59 | Report Abuse

Today it's the turn of this counter show.