Award of Contract: Xin Hwa gets contract renewal from Port of Tanjung Pelepas

The contract is for the supply of prime mover and drivers for housekeeping and other ancillary yard movement services at the Tanjung Pelepas Port.

In a bourse filing, Xin Hwa said the letter of award for the contract renewal was received on Jan 11 and that the value of the contract is dependent on the volume of services required by PTP, based on the agreed flat rate of RM9.20 per move.

Xin Hwa has been providing services to PTP since 2010, and its business transactions with PTP for the financial year ended Dec 31, 2015 (FY15) contributed approximately RM5.54 million to the group's revenue that year, the filing read.

The duration of the renewal is for one year, from Jan 1 to Dec 31, 2016, with an option for another year's renewal at PTP's sole discretion.

Xin Hwa expects the renewed contract to contribute positively to its earnings and net assets per share for FY16.


http://www.theedgemarkets.com/my/article/xin-hwa-gets-contract-renewal-port-tanjung-pelepas

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XINHWA has a hybrid business model. Being hybrid enable XINHWA to effectively ride on oil price cycles with resilient earnings. When oil price rises, XINHWA benefits from increased O&G contracts flows from clients such as MHB, MISC, KNM, PANTECH and when oil price slumps, transport activities are robust due to high demand and low cargo transportation costs, as well as government infrastructure materials transportation projects and warehousing.

XINHWA Earnings : http://www.corporateinformation.com/Company-Snapshot.aspx?cusip=C458005J0

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XINHWA Earnings : http://www.corporateinformation.com/Company-Snapshot.aspx?cusip=C458005J0

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too early! push up wave still on !

nippy65, the piece of information is about SCOMI business model and costing strength as well as competitive advantages, therefore it is still related and valid. It is a courtesy reminder so that one can still remember and being rationale, instead of losing focus in times of market panic. It is also good to know that you are a good investor that do your homework very well about this company. That also means that you also know that one of the SCOMI subsidiaries, SCOMIES, business is well diversified including TNB coal transportation and the only Drilling Waste Management company in Malaysia, not to mention the OPHIR OPSB project and etc. These (SCOMI and SCOMIES) counters has it own style, and not necessarily in tandem with announcement as SCOMIES majority (more than 65%) controlled by SCOMI with strategic shareholder Hong Leong Group supremo Tan Sri Quek Leng Chan . But once it really moves, with refer to track records, it spikes up for many days.

SCOMI EARNINGS REFERENCE http://www.corporateinformation.com/Company-Snapshot.aspx?cusip=C458XF300

XINHWA has a hybrid business model. Being hybrid enable XINHWA to effectively ride on oil price cycles with resilient earnings. When oil price rises, XINHWA benefits from increased O&G contracts flows from clients such as MHB, MISC, KNM, PANTECH and when oil price slumps, transport activities are robust due to high demand and low cargo transportation costs, as well as government infrastructure materials transportation projects and warehousing.

Being hybrid enable SCOMIES to effectively ride on oil price cycles with resilient earnings. When oil price rises, SCOMIES benefits from increased O&G contracts flows, and when oil price slumps, transport activities are robust due to high demand and low vessels fuel costs, as well as strong 95% of their revenue in US dollars.

Being hybrid enable SCOMIES to effectively ride on oil price cycles with resilient earnings. When oil price rises, SCOMIES benefits from increased O&G contracts flows, and when oil price slumps, transport activities are robust due to high demand and low vessels fuel costs, as well as strong 95% of their revenue in US dollars.

The weakening ringgit has left Scomi Energy Services Bhd (SES) in a stronger position, as around 95% of their revenue is in US dollars with only 5% coming in from Russia and paid in rouble.

- See more at: http://www.themalaysianinsider.com/business/article/weak-ringgit-good-for-us-says-scomi-energy#sthash.u4iqMEMU.dpuf

The weakening ringgit has left Scomi Energy Services Bhd (SES) in a stronger position, as around 95% of their revenue is in US dollars with only 5% coming in from Russia and paid in rouble.

- See more at: http://www.themalaysianinsider.com/business/article/weak-ringgit-good-for-us-says-scomi-energy#sthash.u4iqMEMU.dpuf

will be pushed up before chinese new year.

Ya, good news for transportation company like XINHWA. Transportation fuel costs lower, higher profit margin.

XINHWA 1.38 for good head start year 2016 !!!

throwing out ! another wave of deep fall coming ! may down to below 1.00 !! take profit before it is too late !!!

BRT project.

http://www.sunwayconstruction.com.my/

SUNCON is flying high up, higher and higher every week! No turning back!

Sunway Construction has potential of winning project awards.

Ref: http://www.theedgemarkets.com/my/article/sunway-construction-has-potential-winning-project-awards

The government is expected to prioritise transport-led initiatives under the ambit of the National Key Results Area.

The objective is to solve the urban transport woes by connecting all forms of urban transport network in a coherent transit-commute grid. Hence, the planned Bus Rapid Transit (BRT) projects are slated to be rolled out expeditiously.

Sunway Construction is equipped with core competencies from its technical experiences of building the Sunway BRT Corridor with full compliance of international specifications, and turnkey design and build of structures with specific technical standards. Together, these elements could substantially uplift its potential of winning project awards.


Ref: http://www.theedgemarkets.com/my/article/sunway-construction-has-potential-winning-project-awards

two days consecutively hit highest 0.89 but failed to get over it, At the same time the volume is reducing very much consecutively, watch out for correction is near, next week may have T3 , T4 profit taking + force selling.

http://klse.i3investor.com/servlets/ptres/30643.jsp

https://www.youtube.com/watch?v=xoaH2lHJLKc

https://www.youtube.com/watch?v=yOCpo10zQlM

https://www.youtube.com/watch?v=yAFIR_bEBYU

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The Future of i-City

https://www.youtube.com/watch?v=rjV6Zq4NOO4


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IBHD FINAL SINGLE TIER DIVIDEND 1.51 SEN PER ORDINARY SHARE.

https://www.youtube.com/watch?v=yAFIR_bEBYU

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Ceased of Substantial Shareholder :

Tan Sri Quek Leng Chan, Guoline Capital & Hong Leong Company disposed shares in THHEAVY

Ref:
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1934897
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1934913
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1934909
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1934905
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1934901



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ZELAN off-market deals 1.6M at 0.31 done and confirmed.

ZELAN news within these few days. Hold tight ! Fasten seltbealt. It is going to be an exciting ride !!

Hold it tight !

It is not rumors, but CONFIRMED.

ZELAN off-market 1.6M done at 0.31. ZELAN's news is coming...

ZELAN-WA maturity 2019

Time to rebound...

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[ CPI Financial ]

MARC has assigned a final rating of AA-IS with a stable outlook on Malaysia Marine and Heavy Engineering Holdings Berhad's (MHB or the group) Sukuk Murabahah Programme of up to MYR 1.0 billion.

The rating incorporates a one-notch uplift from MHB's standalone rating based on MARC's assessment on the likelihood of moderate support from MHB's ultimate parent PETRONAS. The support assessment has taken into consideration the business linkages between the two entities and PETRONAS' strong representation on MHB's board of directors. PETRONAS' interest in the group is via its 62.4 per cent-owned subsidiary MISC Berhad which in turn has a 66.5 per cent interest in MHB.


Ref: http://www.cpifinancial.net/news/post/30526/marc-assigns-final-rating-to-malaysia-marine-and-heavy-engineerings-myr-1-billion-sukuk



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MMHE, SapuraKencana and TH Heavy are reportedly eyeing Petronas’ Baram Delta Gas Gathering Project 2 (Bardegg-2) and Baronia field development.


Ref: http://www.thestar.com.my/Business/Business-News/2015/03/18/Trading-ideas-APFT-Quill-MMHE/?style=biz



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investkaki, you are most welcome.

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ZELAN is a specialist design & build power plant contractor, Zelan Construction has completed 14 power plants supplying more than 7,800 MW of electricity and is undertaking the EPCC contract for Malakoff’s 2,100 MW Tanjung Bin power plant together with Sumitomo Corporation.

The Company is also involved in power transmission lines, substations, airports, hospitals, marine engineering structures, highways, bridges, foundation and geotechnical works. Zelan Construction is currently harnessing this expertise to participate in similar projects in the Asian, Indian and the Middle East region.

Ref: http://www.mmc.com.my/engineering_intro.asp


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ZELAN is focus on Engineering, Construction & Property Development ,

MALAKOFF is focus on Power & Water Generation.

Both are members of MMC Group.

Ref: http://www.malakoff.com.my/About-Us/About-MMC-Corporation-Berhad/


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SUMATEC : another batch of off-market deals 66M at RM0.20 , confirmed source from TA Securities.

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***** I-Bhd to get healthy and steady recurring income *****
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

PETALING JAYA: I-Bhd, the master developer of the 29.1-ha i-City, would derive a “healthy and steady” recurring income stream from its leisure park and property investment business, according to PublicInvest Research.

The park will “not give sky-rocketing earnings growth” but will nevertheless be the “bedrock, together with the company’s property investment portfolio” once fully-completed, it said in a report yesterday.

i-City’s theme park that consist of City of Digital Lights, SnoWalk, Water World and Fun World is now attracting about 90,000 visitor arrivals on a weekly basis.

Presently, I-Bhd’s leisure segment has utilised about 10ha of i-City, of which half of it was on development land and the other half in buildings, PublicInvest said.

“The group plans to have a total assets of RM100mil for the leisure division, meaning that we could see another RM30mil in pre-tax earnings coming from this division, which is based on its historical margins of about 30%,” it said.

In 2014, I-Bhd’s leisure division contributed RM47.78mil in revenue and pretax profit of RM12.9mil. It added that I-Bhd’s property investment division, which included the RM750mil Central Plaza @ I-City mall, was expected to open in 2018 and would contribute a “consistent” annual income of about RM17mil to I-Bhd.

The research house has initiated coverage on I-Bhd with an “outperform” call and price-earnings-derived target price of 92 sen.

Yesterday, shares in I-Bhd closed 3.5 sen or 5.51% higher at 67 sen with 6.29 million shares changing hands.

“We see I-Bhd as a company on the cusp of an exciting earnings growth phase and to eventually mature into one with a steady income stream from its property investment portfolio and leasure-related activities,” PublicInvest said.

I-Bhd, which is helmed by founder Tan Sri Lim Kim Hong (pic), is currently occupied with turning i-City into a RM9bil ultrapolis complete with a theme park, ICT-related businesses, hotels, mall, residential and commercial development.

PublicInvest said that currently only about 15% of the 29.1ha had been developed with completed built-up accounting for less than 5% of the approved built-up space.

“The group has a strategic vision of attaining a steady state of RM500mil to RM600mil revenue contribution in three years.

“It is something that we believe it is well on its way to surpassing,” it added in the report.

In financial year ended Dec 31, 2014 (FY14), I-Bhd recorded a net profit of RM53.4mil on the back of its RM261mil revenue.

PublicInvest has forecasted I-Bhd’s FY15 and FY16 revenue to grow to RM380.3mil and RM547mil respectively.

It noted that despite the property market on an apparent down-cycle, there was a visible shortage of property in the Klang and Shah Alam districts.


Ref: http://www.thestar.com.my/Business/Business-News/2015/03/14/IBhd-to-get-healthy-and-steady-recurring-income/?style=biz



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Penalty imposed on SCOMI Engineering


Details: http://www.pressreader.com/india/the-times-of-india-mumbai-edition/20150316/281646778618748/TextView

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The fire brigade had to be rushed to rescue 10 passengers and the pilot stranded in a monorail car after power failure hit services for about three hours on Sunday morning.

Details: http://www.thehindu.com/todays-paper/tp-national/firemen-rescue-stranded-monorail-passengers/article6997267.ece



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Penalty imposed on SCOMI Engineering


Details: http://www.pressreader.com/india/the-times-of-india-mumbai-edition/20150316/281646778618748/TextView

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The fire brigade had to be rushed to rescue 10 passengers and the pilot stranded in a monorail car after power failure hit services for about three hours on Sunday morning.

Details: http://www.thehindu.com/todays-paper/tp-national/firemen-rescue-stranded-monorail-passengers/article6997267.ece



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[Recap... ]


Sumatec Resources Bhd’s major shareholder Tan Sri Halim Saad says he will increase his stake in Sumatec to 32% from 22.06% currently as he is in the company for the long term.


More: http://www.thestar.com.my/Business/Business-News/2014/09/03/Halim-set-to-raise-stake-in-Sumatec-to-32/?style=biz


[COMING...]

More to come as his target for his stake in SUMATEC is 32%....



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[Recap... ]


Sumatec Resources Bhd’s major shareholder Tan Sri Halim Saad says he will increase his stake in Sumatec to 32% from 22.06% currently as he is in the company for the long term.


More: http://www.thestar.com.my/Business/Business-News/2014/09/03/Halim-set-to-raise-stake-in-Sumatec-to-32/?style=biz


[TODAY...]

After the recent purchase, Halim’s direct stake in the oil and gas-related services company increased to 807.04 million shares or 23.17%.

More: http://www.thestar.com.my/Business/Business-News/2015/03/13/Halim-Saad-raises-stake-in-Sumatec-Resources/?style=biz


[COMING...]

More to come as his target for his stake in SUMATEC is 32%....




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Recap...


Sumatec Resources Bhd’s major shareholder Tan Sri Halim Saad says he will increase his stake in Sumatec to 32% from 22.06% currently as he is in the company for the long term.


More: http://www.thestar.com.my/Business/Business-News/2014/09/03/Halim-set-to-raise-stake-in-Sumatec-to-32/?style=biz


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SUMATEC's news of off-market deals 46M at RM0.21 is not rumors, but confirmed source from TA Securities Daily Market Commentary.

time's up ! is time for SUMATEC to move on.

When a person can explain well what he/she is holding to , his/her level of comprehension, analytical mind, factual and rationality are being revealed. When a person is using his/her precious time as well as best effort to explain "something" and he/she is holding none of this "something", then the person's point of interest, keen to have this "something" , personality and integrity are also being revealed as well. By observing these, it will help us to make better decisions.

index is being pushed upward !