Leon Fuat to ride on expansion plans of manufacturers
Liew Jia Teng
/
The Edge Malaysia

December 23, 2020 16:00 pm +08

This article first appeared in The Edge Malaysia Weekly, on December 14, 2020 - December 20, 2020.
With the current installed capacity of 5,000 tonnes per month, Leon Fuat’s steel pipe manufacturing plant is running at a utilisation rate of about 60%
With the current installed capacity of 5,000 tonnes per month, Leon Fuat’s steel pipe manufacturing plant is running at a utilisation rate of about 60%

-A+A
A decision made last year to venture into steel pipe manufacturing is already paying off for Main Market-listed Leon Fuat Bhd, as the demand from rubber glove and logistics companies looking to expand their facilities has been robust.

Although this new business segment has yet to make a significant financial contribution, executive director Calvin Ooi Shang How is confident it will become the group’s third core business after steel trading and processing.

“With this diversification, we are providing customers with additional options in the purchase of steel pipes locally. We are of the opinion that the steel pipe manufacturing business complements our trading and processing businesses,” he tells The Edge in an interview.Steel pipes can be used in many applications, including the manufacture of machinery, steel structural works and storage systems.

“Over the past few months, we have received positive responses from the local market. Today, we are seeing strong demand from the manufacturing industry, especially rubber glove makers, which have been expanding aggressively since the outbreak of Covid-19,” says Ooi.



Generally, manufacturers are Leon Fuat’s indirect clients as the group deals directly with distributors and wholesalers, as well as the manufacturers’ contractors and suppliers.

“Other than the established glove players in the country, many new companies are also diversifying into this [glove] sector. When these companies want to put up new manufacturing facilities, we will become an indirect beneficiary,” Ooi points out.

Leon Fuat’s three-phase steel pipe manufacturing is being undertaken at a new plant sited on a 16-acre parcel in Kawasan Perusahaan Bandar Sultan Suleiman in Port Klang, adjacent to North Port.

Excluding the land cost and RM31 million incidental cost, more than RM50 million has been allocated as capital expenditure for Phase 1, mainly for the purchase of machinery and construction of the factory. Phase 1 commenced operation at the end of 2Q2019. With a current installed capacity of about 5,000 tonnes per month, the factory is running at a utilisation rate of about 60%.

“In hindsight, the timing is just right for us because our steel pipe manufacturing plant is now up and running at a time when the glove manufacturers are expanding, not only this year but also next year. The orders are coming in strongly and we still have sufficient capacity to deliver,” says Ooi, 41, who was appointed to the board of Leon Fuat in June 2012.

He is the son of the company’s co-founder and executive deputy chairman Datuk Seri Ooi Bin Keong, and the nephew of managing director Ooi Seng Khong and executive director Ooi Kong Tiong. He is also the cousin of executive director Ng Kok Teong. The Ooi family controls more than 70% of the company through Leon Fuat Holdings Sdn Bhd.

Ooi stresses that Leon Fuat’s main objective in Phase 2 is to expand its product range, rather than just for the sake of expanding production capacity. “We intend to make steel pipes with a bigger range of sizes, allowing us to serve a wider range of customers,” he says.

“Our immediate plan for Phase 2 is to build a warehouse and common infrastructure surrounding the warehouse for about RM27 million. If and when we are ready to expand capacity, we will need to invest further.”

While Leon Fuat’s current focus is the local market, the group also plans to export its steel pipe products to overseas markets when the time is right, says Ooi. That is why the plant is located in Port Klang.

Trading and processing segments may benefit too


Ooi explains that when manufacturers expand production capacity, they will require not only steel pipes from Leon Fuat but also its processing services for customised parts. Moreover, they would need to order steel parts and materials, which benefits the group’s trading business.

The rising demand for online delivery services has been favourable to Leon Fuat as many logistics and warehouse companies are investing to improve or expand their warehouse handling facilities, including the conveyor and sorting systems, which require a lot of flat and long steel materials. Industries such as palm oil processing and refineries also require Leon Fuat’s products and services.

“We are still new in the steel pipe manufacturing business, but we do see a growing demand for steel material in the future. One of the reasons steel material is widely and continuously used in various indust

It seems to rebound even higher.

Now see that many buys will continue to rise.

Now see that many buys will continue to rise.

To get back to the previous price of 0.8.

It will rise again to another peak at midday.

This counter will continue to rise.

I bought yesterday at 0.08 and haven't sold yet.

It will rise again next Monday.

Price and volume increase.

It can really limit up.

Should be able to exceed 0.2 by afternoon

Don't be fooled again.

Be careful not to trust scammers again.

Don't forget PHARMANIAGA BHD and DUOPHARMA BIOTECH BHD
are the vaccine beneficiary companies.

The Cheat Company

It looks like this cheater counter is falling down again.

Liar counter.

The liar lied to others twice and no one believed it the third time.

Watch out for this liar counter.

believe rush up again before the market closes.

Very positive news will start to rise by more than 2.

SOLUTN
1.770
+0.12 (+7.3%)
OTHERS SOLUTION GROUP BERHAD ("SGB" or "THE COMPANY") APPROVAL OF FACILITY DESIGN PLAN AND LAYOUT BY NATIONAL PHARMACEUTICAL REGULATORY AGENCY, MINISTRY OF HEALTH ("NPRA")
SOLUTION GROUP BERHAD

Type Announcement
Subject OTHERS
Description
SOLUTION GROUP BERHAD ("SGB" or "THE COMPANY") APPROVAL OF FACILITY DESIGN PLAN AND LAYOUT BY NATIONAL PHARMACEUTICAL REGULATORY AGENCY, MINISTRY OF HEALTH ("NPRA")
Reference is made to the announcement dated 25 November 2020 where it was stated that the Company had on 13 October 2020 submitted the facility design plan and layout of the vaccine fill and finish facility to NPRA for approval.



The Board of Director of SGB wishes to announce that NPRA had vide its letter dated 14 December 2020 (which was received on 17 December 2020) approved the said facility design plan and layout.



The Company will commence the establishment of the fill and finish facility after the receipt of the approval from shareholders of SGB on the proposed diversification of the existing business of SGB and its subsidiaries to include the pharmaceutical related business, at an extraordinary general meeting to be convened.



This announcement is dated 17 December 2020.

SOLUTN
1.770
+0.12 (+7.3%)
OTHERS SOLUTION GROUP BERHAD ("SGB" or "THE COMPANY") APPROVAL OF FACILITY DESIGN PLAN AND LAYOUT BY NATIONAL PHARMACEUTICAL REGULATORY AGENCY, MINISTRY OF HEALTH ("NPRA")
SOLUTION GROUP BERHAD

Type Announcement
Subject OTHERS
Description
SOLUTION GROUP BERHAD ("SGB" or "THE COMPANY") APPROVAL OF FACILITY DESIGN PLAN AND LAYOUT BY NATIONAL PHARMACEUTICAL REGULATORY AGENCY, MINISTRY OF HEALTH ("NPRA")
Reference is made to the announcement dated 25 November 2020 where it was stated that the Company had on 13 October 2020 submitted the facility design plan and layout of the vaccine fill and finish facility to NPRA for approval.



The Board of Director of SGB wishes to announce that NPRA had vide its letter dated 14 December 2020 (which was received on 17 December 2020) approved the said facility design plan and layout.



The Company will commence the establishment of the fill and finish facility after the receipt of the approval from shareholders of SGB on the proposed diversification of the existing business of SGB and its subsidiaries to include the pharmaceutical related business, at an extraordinary general meeting to be convened.



This announcement is dated 17 December 2020.

It will rise again before the market closes.

Has been oversold and started to rebound.

Go straight to 5.0 now

Can rise to RM25 within this month

Will rise to RM25-30

RM30 is not a dream.sohai

Vaccine stocks will rise today.

It will fly at noon.

Buy bargain hunting.

应变破疫境 宝翔强势崛起 https://www.klsescreener.com/v2/news/view/747803/%E5%BA%94%E5%8F%98%E7%A0%B4%E7%96%AB%E5%A2%83-%E5%AE%9D%E7%BF%94%E5%BC%BA%E5%8A%BF%E5%B4%9B%E8%B5%B7
Sinchew 业绩展望或有惊喜

宝翔不是马股中唯一试图在疫中转型的公司，今年宣布进军手套或口罩的公司不是几家，而是一堆。宝翔与其他公司的差别是，生产布制口罩并不是陌生的新生意，而是原有核心业务的延申，这让宝翔能迅速实现商业概念，而非如多数公司般摸石度河，迟迟不到岸。

鉴于宝翔的计划是进攻个人防护设施市场，而口罩只是其中一种产品而已，用于口罩的抗菌技术其实也可应用在其他布制产品上，如布制抗菌服装、布制抗菌头巾等，纺织厂甚至能生产和供应抗菌布料，令宝翔的未来充满希望。

从供应、制造至分销公司核心强项

虽然许多公司争相涌入口罩市场，但几乎都是投资在较易制造的一次性口罩，优质布制口罩门槛相对高，所以宝翔在这方面占据极佳优势，因从布料供应至最终产品制造和分销本就是公司的核心强项，而这耗时几十年所建立起的强大竞争力，其他新晋公司根本望尘莫及。

需求方面，虽然市场在疫情爆发初期集体涌向一次性口罩，但随质感和功能都更好的抗菌布制口罩问世，加上用后即弃的口罩非常不环保，近几个月来市场需求已开始转向可循环使用口罩，渗透率预计会继续明显上扬。

全球疫情如今已进入第三波感染，每日新增病例屡创新高。如此背景下，完美起跑的ProXmask形式大好，短期内大有可能越战越勇，加上其他崭新抗菌纺织产品亦可能带来积极贡献，因此上季的佳绩也许只是前奏，不排除好戏在后头。

净现金公司 财务强稳

除了未来业绩或藏有大惊喜，宝翔财务状况也非常健康。最新数据显示，该公司已重新成为净现金公司，账目也一如既往般干净，简单明了，收支管理依然严谨。实际上，宝翔多年来的财务状况都非常强稳，大多时间都处于净现金状态，且每年都会把部份盈利用于派息，资金调配得宜，管理绩效无可挑剔。

在刚过去的2020财政年，宝翔报净利1763万令吉，每股盈利10.09仙；以截至上周五的1令吉47仙股价计算，宝翔本益比大概是16倍，看似不低。不过，鉴于口罩业务迟至第四季才开始贡献，而当季每股盈利便高达13.67仙，显示宝翔的未来估值可能被严重低估。

换句话说，若末季的超强表现能在来年延续，甚至再创纪录，那宝翔目前股价就显得极度便宜，有机会继续发威，反之则可能后继无力。因此，将在今年12月公布的2021年第一季业绩，非常关键。

整体而言，鉴于疫情让个人防护深受重视，利用抗菌科技精准捕获新商机的宝翔，比起过往任何时候都更自信、更有潜能。一手包办布料生产供应和纺织品制造，配合优秀管理团队和强大销售网络，宝翔已开始谱出精彩绝伦的成功故事。

欲知后续如何，耐心等候12月的到来吧。

TheEdge Mon, Dec 07, 2020 04:33pm - 17 hours ago https://www.klsescreener.com/v2/news/view/763173/%E9%93%B6%E6%B2%B3-%E8%81%94%E6%98%8C-%E4%B8%80%E4%BA%9B%E5%85%AC%E5%8F%B8%E5%B0%86%E4%BB%8E%E6%8C%87%E6%95%B0%E5%90%8D%E5%8D%95%E5%8F%98%E5%8A%A8%E4%B8%AD%E5%8F%97%E7%9B%8A


（吉隆坡7日讯）银河-联昌证券表示，富时隆综指、富时大马70中型股指数（FBM70）和富时马交所回教教义指数（FTSE Bursa Malaysia Hijra Shariah Index）名单的变动，预计将促使基金经理作出一些调整，而这可能有利于一些公司。

该研究机构今日在报告中指出，将于12月21日生效的综指成分股变动，与其之前的预览报告一致。

该机构说，这可能使速柏玛（Supermax Corp Bhd）、Mr DIY Group (M) Bhd、马来西亚喜力（Heineken Malaysia Bhd）、杨忠礼电力（YTL Power International Bhd）、友尼森（Unisem (M) Bhd）、UWC Bhd、开泰（ATA IMS Bhd）、联合药业（Duopharma Biotech Bhd）、国油贸易（Petronas Dagangan Bhd），以及益纳利美昌（Inari Amertron Bhd）受益。

但可能对双威建筑（Sunway Construction Group Bhd）、Kerjaya Prospek Group Bhd、永旺（AEON Co (M) Bhd）、Velesto Energy Bhd、Petron大马（Petron Malaysia Refining & Marketing Bhd）、恒源（Hengyuan Refining Co Bhd）、绿盛世国际（Eco World International Bhd）、Serba Dinamik Holdings Bhd，以及FGV Holdings Bhd造成抛售压力。

银河-联昌维持综指2020年终目标为1628点，三大选股为益纳利美昌、大众银行（Public Bank Bhd）和马电讯（Telekom Malaysia Bhd）。

在最近进行半年度检讨后，富时罗素（FTSE Russell）宣布，由速柏玛取代KLCCP Stapled Group，成为综指成分股。

开泰、联合药业、马来西亚喜力、KLCCP Stapled、Mr DIY、友尼森、UWC，以及杨忠礼电力将纳入富时大马70中型股指数。

而永旺、绿盛世国际、恒源、Kerjaya Prospek、Petron大马、双威建筑、速柏玛，以及Velesto Energy Bhd则将从富时大马70中型股指数中除名。

至于富时马交所回教教义指数，益纳利美昌和国油贸易加入，而FGV和Serba Dinamik遭除名。

前总警长弗兹辞INIX主席职
Sinchew Tue, Dec 08, 2020 08:29am - 22 minutes ago


前国家总警长丹斯里弗兹.。（photo credit by theStar/ANN）
前国家总警长丹斯里弗兹.。（photo credit by theStar/ANN）
(吉隆坡7日讯）前国家总警长丹斯里弗兹受委INIX科技(INIX,0094,创业板科技组)非执行主席5天后，周一宣布辞职。

该公司文告指出，61岁的弗兹周一呈辞，他以花更多时间在个人兴趣与既有事物，推脱了本月2日的委任。

71岁的丹斯里赛莫哈末尤索，受委INIX科技新任主席。

赛莫哈末尤索也是帝亿置地(TITIJYA,5239,主板产业组)非独立非执行董事和友联工业(YLI,7014,主板工业产品组)前主席。

INIX科技周一闭市价量齐升，该股涨51.5%或17仙至50仙，以逾4亿9400股荣登第五热门股。

https://www.klsescreener.com/v2/news/view/763429/%E5%89%8D%E6%80%BB%E8%AD%A6%E9%95%BF%E5%BC%97%E5%85%B9%E8%BE%9Einix%E4%B8%BB%E5%B8%AD%E8%81%8C

「机构观点荟萃」高盛预计到2021年油价将进一步上涨至65美元/桶
网讯资讯网金融界 2020-12-08:08:47:25
网讯资讯搜索 「机构观点荟萃」高盛预计到2021年油价将进一步上涨至65美元/桶
来源：国际衍生品智库

高盛分析师称，由于疫苗利好消息带动下的需求反弹以及非OPEC供应反应温和，在市场再平衡的过程中，油价将在明年升至65美元/桶。然而，由于疫情封锁的扩散，欧洲市场面临短期需求下降。“冬季浪潮”将导致全球原油需求受到300万桶/日的冲击，这些冲击只有一部分能被供热和补货的需求所抵消。这些矛盾的信号可能会在未来几周内使价格波动，并使OPEC+在本周推迟或实施其计划的1月增产190万桶/日的决定更加复杂化。

http://www.webplus.org.cn/news/1684774692138465648.html

There are also C1, C2 you can buy.

1.71 is limit up.

DawscpJ：Kanger is fake.

Later this counter will announce the distribution of vaccines.

limit up is coming.

limit up is coming.

The vaccine will have to wait a long time to pass, so there is now a risk of falling.

warrant will follow the mother go up.

Today's limit up is 1.71 and will continue to rise tomorrow.

should be able to reach 0.60 at noon today

0116 FOCUS FOCUS DYNAMICS GROUP BERHAD
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)

Particulars of Shareholder 36

Name : CREDIT SUISSE GROUP AG
NRIC/Passport No./Company No. : CH-020.3.906.075-9
Nationality/Country of Incorporation : Switzerland

Address:
Paradeplatz 8, Zurich, 8001 Switzerland

Descriptions (Class and Nominal Value):
Ordinary shares


Name and Address of Registered Holder:
You are advised to read the entire contents of the announcement orattachment. To read the entire contents of the announcement or attachment,please access the Bursa website at http://www.bursamalaysia.com


Details of Changes

Date of Notice : 04/12/2020

Transactions:
No. Date Transaction Type No of Shares Price (RM)
1. 01/12/2020 Acquired 229,900 -
2. 01/12/2020 Disposed 281,600 -
3. 02/12/2020 Acquired 1,381,800 -
4. 02/12/2020 Disposed 716,200 -
5. 02/12/2020 Acquired 1,538,000 -
6. 02/12/2020 Acquired 19,400 -


Circumstances by reason of which change has occurred:
You are advised to read the entire contents of the announcement orattachment. To read the entire contents of the announcement or attachment,please access the Bursa website at http://www.bursamalaysia.com

Nature of Interest:
Deemed Interest

Consideration:



No of Shares Held After Changes:
Direct : 0 shares (0.0000%)
Indirect/Deemed Interest : 612,162,400 shares (9.9800%)
Total : 612,162,400 shares

Remarks:
Credit Suisse (Hong Kong) Limited has total holdings of 176,818,900 shares,Credit Suisse AG, Dublin Branch has existing holdings of 432,423,700 shares andCredit Suisse Funds AG has total holdings of 2,919,800 shares. Based onoutstanding voting shares of 6,132,798,471 the deemed interests of CreditSuisse Group AG of 612,162,400 shares is equivalent to 9.98%.You are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment, please accessthe Bursa website at http://www.bursamalaysia.com


Submitted By:



04/12/2020 07:00 AM

They do reclamation in Melaka for few project before. Let's see who will win the 43 bil project.

Slowly began to fall.