will down because the share place is 0.42.

peak area - high irrigation cost, fertilizer cost, a lot of ncr area which the deman from local never end but still better than indonesia.

market not that good. so becareful.

3.60. buy or sell while can

still a penny share anyway.

let it be.

GHL SYSTEM (TP: RM1.00 or 15x FY14 EPS of 6.7 sen/share).

Our favourite company in the B2C segment of the
Payments Sector is GHL Systems for its dominate
market share, regional foot print and strong
management team.

The trend in GHL Systems Berhad fair value exchange rate
against its closest rated-competitor, HeiTech Padu Berhad, has been appreciating over the past 2 weeks. When compared to its closest competitor, HeiTech Padu Berhad, GHL Systems Berhad shows less overvaluation and is more likely to outperform the market.

HeiTech Padu Berhad's registered activity is in the IT Services & Consulting industry. The company
is a mid-cap stock currently trading at a multiple of 27.05 times earnings.

HeiTech Padu Berhad is a low quality company with a positive outlook.
HeiTech Padu Berhad has weak business growth and is run by passable
management. The trend in HeiTech Padu Berhad fair value exchange rate
against its closest rated-competitor, Theta Edge Berhad, has been
appreciating over the past 2 weeks. When compared to its closest peer,
GHL Systems Berhad, HeiTech Padu Berhad shows greater overvaluation
and is equally likely to underperform the market.

average buyback share is 2.39 as per annual report 2013.

take some profit. look like malaysia this year is not good for equity. rather look at other country

dksh, gtronic and so on all 100% return

must be public invetment bank want to sell the share. there is no research for it.

very soon. every body down but the share is active

yeap

4.29

something is brewing the co

short term is at 8.50

next AEON in the making

See at 10.00

7.03

Start selling again

6.60

6.39

6.68

still buying some just to increase the no of share

bonia dividend today in

no body sell. good

yeap.

6.49. this morning low 6.37

look like no hope for pharma
will drop further unless volume pick up. maybe will up tomorow

still hold but will by more if is drop to 1.60

all the manufacturing sector will be affected and cost will go up again.

because is shariah complicance. but valuation not cheap

director is selling.

noraml lah up and down.

see at 1.25

Maybe VT want to merge with Cosway Pharmacy

6.49

buy dksh, bonia, hovid-wb

so wait for RM12.00 or even higher

yeap. buy more. my cost 2.00

i tell you vincent tan is laughing for who have supported. maybe he is selling. or wait drop below 70 sen than he will take private again.

may reach TP 8.00 1-2 years

pay on august 22, 2013

dividend pay already

Performance Review
B18.
Material Changes in Quarterly Results Compared to The Results of the Immediate Preceding Quarter
B19.
Prospects
B20.
Notes on variance in actual profit and shortfall in profit guarantee
Forthethirdquarter,theGroup’sunauditedrevenueofRM440.8millionwas3.4%highercomparedwithRM426.5millionrecordedinthecorrespondingperiodlastyear.However,theGroup’sprofitbeforetax(PBT)ofRM13.5millionforthequarterunderreviewsawareductioncomparedwithRM28.5millionrecordedinthepreviousyear’scorrespondingquarter,onthebackoflowergrossprofitandhigher operating expenses. Revenueforthenine-monthperiodrosetoRM1.38billion,a3.7%increasefromRM1.33billionforthesameperiodin2012.Thisimprovedrevenuewasattributabletostrongercontributionsfromnon-concessionbusiness,whichincludedtheprivatesectorandGroup’s Indonesian operations.Cumulatively,PBTfortheperiodwasRM60.0millioncomparedwithRM99.1millionforthecorrespondingperiodlastyear.ThiswasduetoreducedordersfromtheconcessionbusinessasaresultofbudgetreviewsbyGovernmenthospitalsandhigherprovisionfordoubtful debts.TheLogisticsandDistributionDivisionpostedalowerPBTofRM10.7millionforthenine-monthperiod,comparedwithRM58.6millionforlastyear’scorrespondingperiod.Thiswasaresultoflowercontributionsfromtheconcessionbusinessandhigherprovisionfor doubtful debts.TheManufacturingDivisionrecordedanincreasedPBTofRM49.3millionforthefirstninemonthscomparedwithRM40.5millioninthepreviousyear’scrrespondingperiod.Thiswasattributabletothehigheroff-takeforin-houseproductswhichledtoincreasedproduction volumes.
Thedisclosurerequirementsforexplanatorynotesforthevarianceofactualprofitaftertaxandnon-controllinginterestandshortfallinprofit guarantee are not applicable.
Inlinewithitslongtermgrowthstrategy,theGroupcontinuestopursueopportunitiestoexpandtointernationalmarkets.Towardsthisend,duringthequarterunderreview,theGroupwasawardedEuropeanUnion(“EU”)certificationforoursmallvolumeinjectablemanufacturingplant.Asaresultofthiscertification,theGroupwilleventuallybeabletoacceptcontractmanufacturingprojectsfrommultinational companies in the EU.
Onthedomesticfront,theGroupiscognisantthatseasonalmarketforcesmayresultindownwardpressureondemand,whichcouldhaveanimpactontheGroup’sperformancefortheremainderoftheyear.Inordertomitigatethis,theGroupwillmaintainprudentriskmanagementpracticesandcontinuouslybuildourcorebusinessesbyimplementingmarketstrategiestomeetstakholders’requirementsand expectations.
TheGroup’srevenueofRM440.8millionforthecurrentquarterunderreviewwasmarginallyhighercomparedwithRM437.6millionintheimmediateprecdingquarter.TheGroupregisteredanincreasedPBTofRM13.5millionforthequarterunderreviewcomparedwithRM9.6 million in the previous quarter, primarily due to improved revenue from the non-concession business.TheLogistics&DistributionDivisionregisteredalossbeforetaxationofRM3.4millioncomparedwithaPBTofRM1.5millionintheimmediate preceding quarter, as a result of higher overheads and provision for doubtful debts.TheManufacturingDivisionrecordedahigherPBTofRM16.9millioncomparedwithRM8.1millioninthequarterunderreview,mainly attributable to higher off-take for in-house products.

so watch out. anything can happen. look like fundamental co is not moving whereas penny stock is charging over.