twhgarnett

twhgarnett | Joined since 2015-12-28

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Stock

2018-01-02 20:16 | Report Abuse

provided the result earning is very good....

Stock

2017-12-28 08:13 | Report Abuse

Kesm still low PE??

Stock

2017-11-16 18:04 | Report Abuse

20 million yen maybe la..haha

Stock

2017-11-08 23:37 | Report Abuse

then isn't this provide us a good chance to accumulate?

Stock

2017-11-08 14:21 | Report Abuse

Company not affected...but staff home affected.

Stock

2017-11-05 17:22 | Report Abuse

True onot???I tot Affin Hwang already cease coverage on Aemulus...

Stock

2017-11-03 17:38 | Report Abuse

Market sentiment is bad..

Stock

2017-11-02 15:57 | Report Abuse

Dear Yole Bek,fully agreed with you.

Stock

2017-11-02 13:08 | Report Abuse

how can ppl know the result and even yes they should not post here la

Stock

2017-10-14 23:02 | Report Abuse

Yup...Qualcomm is never major customer. They are Broadcom (Avago), Carsem and 2 major customers from Far East.

Stock

2017-10-13 18:37 | Report Abuse

2017ks, quadcom is not main customer...They have diversify their customer from over depending in Broadcom and Carsem to few big OSAT company in China and Taiwan

Stock

2017-06-02 20:44 | Report Abuse

XIN HWA EXPECTS BETTER PERFORMANCE AHEAD RIDING ON IMPROVED ECONOMIC ENVIRONMENT

Johor Bahru, 31 May 2017 – Integrated logistics services provider, Xin Hwa Holdings Berhad (“Xin Hwa” or “the Group”), announced its Fifth Quarter FY17 (“5QFY17”) results today for its financial period ended 31 March 2017. To recap, Xin Hwa changed its financial year end to 31 March 2017 and hence, this is a cumulative 15-month results. Due to the change, there are no comparative figures disclosed for the preceding year corresponding period.
For the quarter under review, Xin Hwa posted a revenue and net profit of RM26.6 million and RM2.0 million respectively. Xin Hwa’s land transport operations remain its main revenue generator, contributing RM24.3 million or 91.4% to total revenue in 5QFY17. The Group’s land transport operations comprise cargo transportation services and container haulage services which accounted for approximately 58.0% and 33.4% of turnover respectively.

On the other hand, Xin Hwa’s warehousing and distribution operations accounted for
RM2.2 million or 8.2% of its total revenue for the current quarter under review.
Meanwhile, the Group’s other services that consist of freight forwarding and
customers brokerage services, as well as manufacturing and fabrication of trailers,
contributed RM0.1 million or 0.4% to total revenue for the 3-month period ended 31
March 2017.

For the cumulative 5 quarters, the Group achieved a revenue and net profit of
RM128.7 million and RM12.8 million respectively. Land transport operations
accounted for RM119.7 million or 93.1% to the Group’s FY17 revenue while
warehousing and distribution operations and other services contributed the balance
of RM8.7 million and RM0.3 million respectively. The gross profit and pre-tax profit
(“PBT”) margin for FY17 are 37.5% and 12.7% respectively.

Managing Director of Xin Hwa, Mr. Ng Aik Chuan said, “2016 had been a
challenging for us. This is in-line with the broader weak market conditions stemming
from the rising cost of living, fluctuations of Ringgit, increase in oil prices, and
uncertainties in the global markets. These factors affected overall consumer
sentiments as well as the demand for transport services and warehousing which, in
turn, affected our profitability. Furthermore, absence of contribution from several
larger-sized logistics contracts for Klang Valley MRT Line 1 which we completed in
2015 also resulted in the softer results in FY17. Nevertheless, based on our track
record, we are positive to secure some land transport works stemming from the
upcoming major infrastructure projects in the country.”

“We have been busy expanding in 2016 while remaining cost prudent at the same
time. Our new warehouse in Pasir Gudang measuring approximately 180,000 sq. ft.
that is adjacent to our current warehouse, is on track to be completed in June 2017.
We are confident this new warehouse will swiftly reach full capacity by September
2017 as we already have customers on hand. Meanwhile, we are also building another
new warehouse in Shah Alam, Selangor which is slated for completion by end of 2018.
It has 4-storeys with a combined built-up size of 400,000 sq. ft. Upon completion, Xin
Hwa will double our space from 404,000 sq. ft. currently to approximately 1 million sq.
ft.”
“In addition to our warehouse expansion, we also continue to expand our fleet size in
tandem with the expected growth in our business. Currently, we have a fleet size of
approximately 1,500 vehicles consisting of prime movers, trailers, and trucks. Our
economy is growing with GDP increased healthily by 5.6% year-on-year 1Q2017,
which exceeded the 4.6% forecast by economists. This bodes well for our prospects
as we do see correlation between GDP growth and demand for our services.”

“As for our recently launched e-commerce platform, www.e5buy.com, the response
has been encouraging with orders coming in from various parts of Malaysia. There
are also a lot of enquiries to find out our offerings and services. The platform is still
new and therefore, we are channeling our efforts to promote it. We are positive on the
future of our e-commerce venture as we will ride on our country’s effort to double the
nation's e-commerce growth by 2020.

Stock

2017-05-29 19:24 | Report Abuse

FFHB-PA permium is near to 100%!!! Overvalued I think. Director is disposing.

News & Blogs

2017-05-27 15:42 | Report Abuse

主要原因应该是她本身没有电子商务

Stock

2017-05-27 08:13 | Report Abuse

Undervalue stock...result good compare with Tasco and Century

News & Blogs

2016-04-27 23:17 | Report Abuse

Well done Mr Kim!!!