Why profit increase but eps drop?

Protasco bets on residential property in South KL - Focus Malaysia - http://www.protasco.com.my/v2/index.php/headlines/251-protasco-bets-on-residential-property-in-south-kl-focus-malaysia.html

Protasco yakin jual kondo mewah - Utusan Malaysia - http://www.protasco.com.my/v2/index.php/headlines/253-protasco-yakin-jual-kondo-mewah-utusan-malaysia.html

Blk c n d is condo, total 320 unit

De centrum Unipark phase 2 block d sold out, block c will launching end of this month

Sure can get back 50 million, if not....

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS PROPOSED ACQUISITION OF EQUITY INTEREST IN PT ANGLO SLAVIC INDONESIA FROM PT ANGLO SLAVIC UTAMA (“VENDOR”)
PROTASCO BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description PROPOSED ACQUISITION OF EQUITY INTEREST IN PT ANGLO SLAVIC INDONESIA FROM PT ANGLO SLAVIC UTAMA (“VENDOR”)

Reference is made to the Company’s announcements dated 30 January 2014, 10 February 2014 and 25 July 2014 (“Announcements”). Unless otherwise stated, defined terms in this announcement shall carry the same meanings as defined in the Announcements.
Protasco Berhad (“Protasco” or “Company”) wishes to announce that the Conditions Subsequent pursuant to Restated SPA have not been fulfilled by the Vendor and the security provider within the Condition Period and accordingly, the Restated SPA lapsed on 28 July 2014. Protasco is in discussion with the Vendor for the Purchase Price to be returned via, amongst others:-
(a) cash;
(b) disposal of the Secured Shares;
in accordance with the terms of the Restated SPA.
This announcement is dated 5 August 2014.




Announcement Info
Company Name PROTASCO BERHAD
Stock Name PRTASCO
Date Announced 5 Aug 2014
Category General Announcement
Reference No CA-140805-27A0C

De Centrum Unipark Condo Phase 2 is a freehold condominium inside IUKL ( Infrastructure University Kuala Lumpur), beside Uniten ( University Tenaga National) and opposite UPM ( University Putra Malaysia). It is easy to rented out in future and you do not have to spend much time marketing the area, because the area sells itself.

-Good accessible from Besraya, North Sourth Expressway, Silk highway, SKVE. It take 25 minuts to Kuala Lumpur town centre, 30 minuts to KLIA.

- Uncoming IOI City Resort Just 3km away or 8 Minuts driving distant. Mines Resort City just 6.5km away or 13 minuts driving distant. It was found that larger shopping malls have a greater positive influence on the value of surrounding property. Most Malaysians want convenient accessibility to shopping malls and are willing to pay a premium for it.

- Mass rapid transit (MRT) line 2 is speculated go through Uniten. Projects which are strategically located near MRT stations will likely to enjoy good sell-out as buyers are confident of future demand for their property once the MRT is in operation. Value of property along the MRT route will appreciate 15% to 25% depending on the location to the stations.

Sosfinance, how far between mrt line2 (uniten station) and de centrum?

The 1Malaysia People Housing Scheme (PR1MA), aimed at providing affordable urban homes to the middle income earners, has yet to take off in any meaningful way because of land acquisition problems.

Even though the PR1MA initiative is already two years old, Perbadanan Prima Malaysia has yet to begin construction in any of its planned 23 PR1MA housing developments.

Construction and property development firm Protasco Bhd group MD Datuk Seri Chong Ket Pen said the company was ready to start building PR1MA homes in Perak and Negri Sembilan but these projects are being delayed over land matters.

“The state governments are having difficulties in alienating land for the project,” Chong told The Malaysian Reserve yesterday.

“We are very eager to develop the projects but we cannot proceed without the land approvals.

We are ready to go start with the projects.”

“They (the state) have been giving us promise months by months but still nothing seems to move on yet. We are waiting.”

http://themalaysianreserve.com/main/news/corporate-malaysia/5998--protasco-land-acquisition-issues-hold-back-pr1ma-projects

Thanks

oil and gas makes 22mil for year 2014?

http://decentrum.newpropertymalaysia.com/

updated: 25may14
-Sorry to inform that all De' Centrum SOHO (Typical/Duplex) & Residences are SOLD OUT.
- There will be another upcoming project (Unipark - Phase 2) will soon OPEN FOR REGISTRATION.
- Contact us for more detail!

Quarter report will announce by tomorrow?

Published: Thursday April 3, 2014 MYT 12:00:00 AM
Updated: Thursday April 3, 2014 MYT 7:14:32 AM
Additional 65MW of renewable energy production under FiT up for grabs

PETALING JAYA: Come May 2, a quota of an additional 65MW of renewable energy (RE) will be up for grabs for parties wanting to produce this under the feed-in-tariff (FiT) programme for 2014. The quota for 2015 is being increased to 109MW.

This is according to a statement by Energy, Green Technology And Water Minister Datuk Seri Dr Maximus Ongkili, who said the quota release for 2014 marked an important milestone in the implementation of the FiT mechanism as Sabah and Labuan would be participating in the mechanism for the first time.

He reiterated that the RE sources that fall under the FiT include biogas, biomass, biomass (solid waste), small hydro and solar photovoltaics (PV).

Of the 65MW total RE quota of 2014, more than half of the allocation is for solar PV. Biogas and biomass would be allocated 10MW and 15MW respectively for 2014.

Sustainable Energy Development Authority (Seda) has also announced that the RE quota for 2016 will be 190MW while for 2017 it will be 196MW. Maximus added that projects under the FiT had generated 2% of the country’s total generating capacity.

This is based on 537.97MW of RE capacity approved under the FiT since 2010, compared with the country’s total electricity generating capacity of 27,179MW in the same period.

“Our target is for RE to constitute 5% of the energy mix in 2015,” said Maximus.

http://www.thestar.com.my/Business/Business-News/2014/04/03/Additional-65MW-of-RE-under-FiT-up-for-grabs-from-May-2/

RE quota

http://www.thestar.com.my/Business/Business-News/2014/04/03/Additional-65MW-of-RE-under-FiT-up-for-grabs-from-May-2/

RE quata release by this month? hope have good news to cypark

sosfinance, who is the new shareholder and his background?

http://st.gov.my/images/tender/2013/Press_Release_Project_3B.pdf

Today price up is because The Energy Commission has awarded the Project 3B new coal-fired power plant with a capacity of 2 x 1000 MW to 1Malaysia Development Bhd-Mitsui Co. Ltd .


Mudajaya favourite to land RM1.7b-RM2.2b civil works job if 1MDB bags deal
Posted on 25 February 2014 - 05:36am
sunbiz@thesundaily.com
PETALING JAYA (Feb 25, 2014): Mudajaya Group Bhd is said to be the frontrunner to clinch civil works estimated at RM1.7 billion to RM2.2 billion for a power project which 1Malaysia Development Bhd (1MDB) is rumoured to be the winning bidder.

Alliance Research said, if the rumour is true, Mudajaya stands to be on the preferred company for civil works as it has been "supporting" 1MDB's bid for the 2,000 megawatt coal-fired power plant project called Project 3B.

Its analyst Jeremy Goh learnt that should 1MDB win the bid for Project 3B, a consortium of Japanese and Korean firms will undertake the lead EPCC role for the plant.

"Our sources also revealed that Mudajaya has been 'supporting' 1MDB on the bid and working closely with both 1MDB and the EPCC consortium to undertake the civil works for Project 3B," he said.

From the reported value of RM11 billion for Project 3B, Goh estimated that the civil works contract could be worth RM1.65 billion to RM2.2 billion, based on 15%-20% of the total project sum.

He noted that Mudajaya's order book replenishment has been rather quiet with no new awards in 2013 as it was conserving resources for more sizeable, higher margin jobs.

"Bagging the civil works for Project 3B would provide a significant boost to its orderbook, more than doubling it from the current RM1.2 billion to RM2.9 billion to RM3.4 billion," he said.

Mudajaya has a strong track record with power plant civil works and is currently undertaking the Janamanjung 4 power station (worth RM720 million) and Tanjung Bin coal-fired plant extension (RM1 billion).

Aside from Project 3B, potential orderbook replenishment for Mudajaya could also come from civil works for Janamanjung 5 (valued at RM750 million to RM1 billion) and a land swap deal involving army facilities (RM250 million).

Alliance had cut Mudajaya's FY13 earnings by 4% to reflect its poor orderbook replenishment estimated at RM750 million for that year but said there could be upside to FY14-15 earnings if Mudajaya bags the civil works for Project 3B.

"As 1MDB is not listed, Mudajaya offers an excellent proxy to ride on the award of Project 3B theme. We reckon that this will be the key catalyst to reignite interest in Mudajaya," Goh said.

With a strong catalyst on the cards for Mudajaya, Goh raise Mudajaya target price to RM3.62 from RM3.26.

"This implies FY14-15 price-to-earnings ratio of 8.3 times and 7.7 times respectively," said Goh, who maintained a "buy" recommendation on the stock.

If FFB production will increase by about 30% per year compound for the next 5 years,so ffb output at
1)year 2014 = 894,878ton
2)year 2015 = 1,163,341ton
3)year2016 = 1,512,347ton
4)year2017 = 1,966,046ton
5)year 2018 = 2,555,861ton.
Assume JT have planted all 70,000ha. and all their palm oil tree at peak production ( 30 ton per ha. )
JT ffb maximum output (after 10 year) can only achieve 2,100,000ton.
The ffb output 30% per year compound is not match.
Please correct me if i am wrong.

MONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)
JAYA TIASA HOLDINGS BHD

Type Announcement
Subject MONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)
Description The Company is pleased to announce that logs and crop production of the Group for the month of January 2014 are as follows:-

(1). Logs - 52,035 cubic metres.
(2). Fresh Fruit Bunches - 56,975 metric tonnes.
(3). Crude Palm Oil - 4,509 metric tonnes.
(4). Palm Kernel - 718 metric tonnes

MONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)
JAYA TIASA HOLDINGS BHD

Type Announcement
Subject MONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)
Description The Company is pleased to announce that logs and crop production of the Group for the month of January 2014 are as follows:-

(1). Logs - 52,035 cubic metres.
(2). Fresh Fruit Bunches - 56,975 metric tonnes.
(3). Crude Palm Oil - 4,509 metric tonnes.
(4). Palm Kernel - 718 metric tonnes

财经2014年2月17日（吉隆坡17日讯）虽然丰益国际（Wilmar）上周被指从明年起不会再购买砂拉越的油棕，但该公司今天已否认此事，而分析员一致认为即使丰益国际拒买，亦不会对砂州棕油公司造成太大的影响。


大马首富郭鹤年控制的新加坡上市公司--丰益国际，今天发电邮否认拒买砂州的油棕，同时也强调它们並非有意將砂州棕油公司拒於门外，甚至打击砂州棕油领域的成长。

丰益国际表示，它们抬出的「永续採购」政策不会影响砂州棕油供应商，反之它们已经准备向小园丘提供种油棕的技术和財务支援给这些小园丘。

根据媒体报导，丰益国际早前致函给砂州政府，说明2015年起不会购买森林和沼泽地区的油棕。砂州政府將因此每年面对大约4亿令吉的销售税损失。

虽然丰益国际已否认此事，但分析员认为即使丰益国际拒买油棕，砂州棕油公司不会因此大受影响。

联昌国际投行分析员表示，丰益国际的新採购政策，不会对从明年12月31日起，放弃在森林和沼泽地区种油棕的种植公司造成损失。因此，是项政策只会影响那些有意从2016年起在沼泽区种油棕的公司。

与此同时，马银行金英投行分析员指出，砂州目前共有5家油棕提炼公司，日產量是1万零800吨。BLD种植（BLDPLNT，5069，主板种植股）的炼油產能最高，日產量是4500吨；砂拉越油棕（SOP，5126，主板种植股）和森那美（SIME，4197，主板贸服股）分別是每日1500吨和1200吨。砂州去年的棕油產量是311万公吨。

炼油厂客户大洗牌

该分析员进一步指出，砂州炼油公司的客户群预计在2014至2015年重新洗牌，而丰益国际的政策，肯定会使砂州的棕油贸易出现变化，因为目前砂州有42%的种植地段是在沼泽区。

「由於大部份油棕是种在森林和沼泽区，未来的种植活动看来也是集中在这些地区。」

此外，他说，丰益国际目前的一些砂州棕油供应商说，可在2015年尾符合其採购政策的要求。作为供应商之一的常成控股（JTIASA，4383，主板工业股），將在今年尾完成种植活动。

至於在沼泽种油棕的大安控股（TAANN，5012，主板工业股）將面对最大的影响。

另外，艾芬投行分析员认为，砂州棕油公司所面对的影响，胥视它们的棕油產量而定。砂州政府將会帮助这些公司，將棕油出口至其他市场，但需降价来吸引买家。

马银行金英投行分析员提醒，砂州棕油公司固然可以將棕油出口至柔佛、彭亨或沙巴，但同时要承担较高的交通费用，介於每吨150至200令吉。


评级维持

而联昌国际投行分析员强调，丰益国际拒买棕油，將使它们流失一些来自砂州的客户，但不会明显地影响其净利表现。因砂州的棕油，仅占其全球炼油產量的3%。

由於上述发展预计不会对种植领域造成太大的影响、联昌国际投行、马银行金英投行分和艾芬投行均维持种植领域的「中和」投资评级。

Wilmar to stop buying CPO fom Sarawak
February 14, 2014
Land Development minister James Masing said the livelihood of the people in the rural areas was not to be negotiated with the international community
KUCHING: Sarawak may lose some RM400 million in sales tax revenue a year from oil palm products following the decision of a multinational refinery company’s refusal to buy crude palm oil (CPO) from mills in the state.
A Singapore-based company, Wilmar International Limited, which has its refinery plant in Bintulu, has written to the state government to inform that the company would stop buying CPO produced from oil palm trees planted in forest areas and peat swamp land in the state from 2015 onwards.

Wilmar to stop buying CPO fom Sarawak
February 14, 2014
Land Development minister James Masing said the livelihood of the people in the rural areas was not to be negotiated with the international community
KUCHING: Sarawak may lose some RM400 million in sales tax revenue a year from oil palm products following the decision of a multinational refinery company’s refusal to buy crude palm oil (CPO) from mills in the state.
A Singapore-based company, Wilmar International Limited, which has its refinery plant in Bintulu, has written to the state government to inform that the company would stop buying CPO produced from oil palm trees planted in forest areas and peat swamp land in the state from 2015 onwards.

Dear Mr Koon, happy CNY to you and your family, Gong Xi Fa Cai

thanks Mr Koon

( Yield drag : Timing the entry into growth stock
yield drag factor for Jtiasa CY13 = 65.8%, CY14 = 56.5%, CY15= 37.2%
by plantation expert Alvin Tai of RHB research )

what is the meaning of Yield drag? Anybody can help me?

Thanks Mr koon

Dear Mr Koon

Brazilian Amazon contains an estimated 850,000 square miles (15 times size area malaysia + indonesia )suitable for palm oil plantations — an area four times the size of France. By comparison, Indonesia and Malaysia, which account for nearly 90 percent of global palm oil production, have less than 50,000 square miles of oil palm under cultivation.

If barazil aggressive to expand their palm oil business in future,
crude palm oil will over supply? Plantation share still can keep for long term?

http://e360.yale.edu/feature/in_brazil_palm_oil_plantations_could_help_preserve_amazon/2415/

Thank you mr koon sharing, you give me more confident to accumulate this share,thank you very much...

sibu Severe flood last month... jaya tiasa 80% palm oil over there..

http://www.investalks.com/forum/viewthread.php?tid=8056&extra=&page=9

page 9


发表于 2014-1-13 20:43 | 只看该作者
我刚发现砂捞越州发生水灾。诗巫也遭殃了。常成有很多棕油地都在诗巫。

我的消息都是来自这两个网站http://sibuericluk.blogspot.com/
和http://www.seehua.com/news/sarawak/middle?page=24

有谁住在诗巫的？可以分享那边的境况吗？
flood 1.png (354.19 KB)

flood 1.png
flood 2.png (159.31 KB)

flood 2.png
13/01/2014 23:40
13/01/2014 23:43

sibu flood last month... jaya tiasa around 80% palm oil over there..

http://www.investalks.com/forum/viewthread.php?tid=8056&extra=&page=9



发表于 2014-1-13 20:43 | 只看该作者
我刚发现砂捞越州发生水灾。诗巫也遭殃了。常成有很多棕油地都在诗巫。

我的消息都是来自这两个网站http://sibuericluk.blogspot.com/
和http://www.seehua.com/news/sarawak/middle?page=24

有谁住在诗巫的？可以分享那边的境况吗？
flood 1.png (354.19 KB)

flood 1.png
flood 2.png (159.31 KB)

flood 2.png
13/01/2014 23:36

Globetronics working with foreign partners to produce three new products

BY DAVID TAN

GEORGE TOWN: Globetronics Technology Bhd is working with European and US customers to produce a new range of light-emitting diode (LED) chips, three-dimensional imaging modules and multi-port sensors to be introduced in the second half of 2014.

Group chief executive officer Heng Huck Lee told StarBiz that the group was allocating RM40mil to RM50mil to develop the new products, which would be manufactured at its plant in Bayan Lepas.

“Some of these products are now being qualified by our customers,” he added.

Heng said the new generation LED chips would be manufactured with latest LED technology, which would be used in the general lighting sector.

“The three-dimensional imaging modules are for mobile smart devices. The multi-port sensors, also for use in smart devices, will be able to detect three-dimensional motion such as depth.

“Previously, our single-port sensors can only detect two-dimensional motion,” he said.

Heng said the first quarter of 2014 was expected to be flat compared with the fourth and first quarter of 2013 due to the Chinese New Year holidays. However, he said the fiscal year ended Dec 2013 was expected to close with a record year in the group’s history.

“Our LED and sensor business should contribute 50% to the group’s 2013 revenue while the timing device integrated circuits (ICs) about 35%, with the remaining from our semiconductor IC business,” he said.

For the nine months ended Sept 30, 2013, the group posted a pre-tax profit of RM47.5mil on the back of RM242.2mil in turnover, compared with RM37.4mil and RM204.2mil respectively achieved in the corresponding period of 2012.

According to IHS, a global information firm specialising in diverse global market and economic information, magnetic-sensors will see worldwide revenue increase by 7% to US$1.73bil in 2013 and 7% to US$1.85bil in 2014.

The firm forecasts annual growth of 4% to 8% from 2015 to 2017, when the global market is projected to reach US$2.2bil. Magnetic sensors are used in mobile handsets, tablets, GPS systems and in the automotive industry.

http://www.thestar.com.my/Busine ... ee-new-products-in/

Hi mr koon, thank you for your sharing.After read your article, i very confident to buy this share and now Jtiasa become my major investment in my share profolio.
i also interest to buy TSH because their tree age <7 year is around 77% and have very potential to grow,what is your opinion?