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Stock

2020-06-27 23:03 | Report Abuse

Top30 shareholder in year 2019.

Stock

2020-06-27 23:02 | Report Abuse

1 M & A NOMINEE (TEMPATAN) SDN BHD 260,000,000 6.341
EXEMPT AN FOR SANSTON FINANCIAL GROUP LIMITED (ACCOUNT CLIENT)
2 MERRY NOEL ROBERT 150,000,000 3.658
3 LAU KOK SENG 47,962,100 1.170
4 ANG HUI CHAN 45,240,000 1.103
5 LEE KIM SOON 37,322,500 0.910
6 THEAW POH CHOO 31,001,000 0.756
7 KOH PENG CHEONG 20,000,000 0.488
8 CHOO KENG KIT 18,750,000 0.457
9 MAYBANK NOMINEES (TEMPATAN) SDN BHD 15,452,100 0.377
HONG CHUAN CHUAN
10 CHOO AH NGO 14,000,000 0.341
11 CHUNG KIN CHUAN 13,701,000 0.334
12 BAILEY PLASTER SDN BHD 13,500,000 0.329
13 MAH KOK FOON 13,500,000 0.329
14 JOHARI BIN SHAFIE 12,750,000 0.311
15 CGS-CIMB NOMINEES (TEMPATAN) SDN BHD 12,178,500 0.297
PLEDGED SECURITIES ACCOUNT FOR KOH WOOI KHIANG (T TAMINGJAYA-CL)
16 MAYBANK NOMINEES (TEMPATAN) SDN BHD 11,800,000 0.288
TAN KEE CHUAN
17 TAN AH SWEE 10,956,000 0.267
18 CHAN WENG KAI 10,510,000 0.256
19 MAYBANK NOMINEES (TEMPATAN) SDN BHD 10,200,000 0.249
LEE KOK CHONG
20 LIEW KIM CHOI 10,000,000 0.244
21 ROSZALI BIN MOHAMED 10,000,000 0.244
22 NORSHAM BINTI ABAS 9,250,000 0.226
23 YEONG YOKE YEE 9,082,500 0.222
24 LIAN SIEW MEI 9,000,000 0.219
25 NG YOKE HIN 9,000,000 0.219
26 CHAN POH YEE 8,700,000 0.212
27 THIAN OWN CHIN 8,510,000 0.208
28 TAI KEN LOY 8,429,200 0.206
29 THONG CHEE LENG 8,033,600 0.196
30 CHUNG SENG @ CHUNG TAI SENG 8,000,000 0.195

Stock

2020-06-27 20:40 | Report Abuse

LiahHooi, hope Netx can bring the big gains to all everyone in this forum.

Stock

2020-06-07 11:38 | Report Abuse

I have just make registration for Mlabs EGM.

Stock

2020-06-07 11:37 | Report Abuse

Registration Pending

Thank you for registering.

Your registration information was sent to the host. After the host accepts your registration, you will receive a confirmation email message that contains detailed information about joining the event.

Stock

2020-06-07 10:43 | Report Abuse

MLABS SYSTEMS BERHAD is a premier technology enabler. We are the Select Certified partner for Cisco. We strongly believe in adopting the latest leading-edge technologies to empower your business, which will improve efficiency and cost savings for you. Our team works closely with you to listen and understand the challenges, then provide you with comprehensive, optimized, and well-integrated solutions, ensuring that you get the best quality and value from the solutions.

Stock

2020-06-07 10:40 | Report Abuse

Mlab EGM registration link.

Stock

2020-06-07 10:36 | Report Abuse

At Mlabs, we make sure your video conferencing requirement is well taken care of. We don’t just sell you an equipment and let you figure out the rest alone. Instead, we make sure your requirement is covered from A-to-Z.

Each video conferencing requirement is unique and different. The room design, optimizing various conference solution, may it be a simple teleconference device, to full fledge videoconference solution plus overall conference room makeover and conference room set up, Mlabs has it all covered - including cabling to environmental control.

Just let us know your requirement, sit back and relax. We take every opinion seriously and will customize every order to suit users’ needs.

Mlabs will get your video conferencing solution tailored perfectly for you.

Stock

2020-05-03 19:51 | Report Abuse

Thanks Calvin.

Stock

2020-05-01 20:29 | Report Abuse

Netx will be start move by next week.

Stock

2020-04-15 01:08 | Report Abuse

KUALA LUMPUR (April 14): The Ministry of Communications and Multimedia, through the Malaysian Communications and Multimedia Commission (MCMC), is in the midst of strengthening broadband performance to keep up with the high demand.

Its minister Datuk Saifuddin Abdullah said the effort, implemented in collaboration with service providers, is funded by an additional investment of RM400 million, announced under the Prihatin Rakyat Economic Stimulus Package (Prihatin).

Among efforts carried out are network optimisation and radio capacity enhancement in high-usage areas, as well as network capacity dispersion to meet the increasing bandwidth demand at residential premises, he said.  

“Other implemented works are upgrading the wireless backhaul connections to fibre optic connections, enhancing the capacity of the main domestic network including providing new fibre optic infrastructure and expanding the interconnection bandwidth as well as utilising the reserve capacity, " he said in a statement.

Others include providing mobile transmitter stations and WiFi access to address issues related to network traffic in critical areas, as well as increasing international network capacity, he added.

Saifuddin said during the improvement works, MCMC would monitor networks performance and facilitate any challenges faced by providers while carrying out their task.

He noted that the demand for broadband had surged since the implementation of the Movement Control Order (MCO), as Malaysians were relying on the Internet to perform most of their activities at home.

“These include working from home, virtual learning, online shopping, entertainment and more. Broadband capacity is also needed to meet additional demands in critical locations such as hospitals, quarantine centres, government agencies, law enforcement agencies and media centres," he said.

According to MCMC statistics, Internet traffic flow had increased by 23.5% in the first week of MCO and 8.6% in the second week. However, it decreased by 1.6% in the third week.

"This trend is causing congestion and a decrease in download speed, affecting users experience. I fully understand the difficulties people faced when access to the Internet is not up to par at a particular time," he said.

Various steps have been taken to meet the high demand for broadband among people, particularly during the MCO, to ensure daily tasks can be discharged uninterrupted, including giving out free1GB of high-speed Internet.

Besides that, fixed-broadband services are offered with unlimited data to subscribers to encourage Malaysians to fully utilise their time at home.

“I urge Malaysians to be patient and to understand the constraints faced by the industry players in improving the bandwidth for the common good.

“I am confident that resilient digital connectivity awaits the people when all government-planned initiatives are implemented with the support from stakeholders,” Saifuddin said.

Stock

2020-04-14 22:20 | Report Abuse

Can anyone tell me when is last day for apply right?

Stock

2020-04-12 21:20 | Report Abuse

The MCMC said Telekom Malaysia Bhd (TM) and TT dotCom Sdn Bhd (TIME) would be supporting telco players by providing additional fibre capacity to serve higher traffic demand.

KUALA LUMPUR: Telecommunications companies and Internet Service Providers (ISPs) are working hard to reduce the strain that residential connections are experiencing, which was caused by the surge in internet demand from households due to the Movement Control Order (MCO).

The Malaysian Communications and Multimedia Commission (MCMC) said among measures that telco players have taken include releasing additional bandwidth capacity for both fixed and mobile, as well as, optimising the coverage network for mobile broadband.

"The increased broadband Internet traffic of 23.5 per cent between March 9-15 (one week before MCO) and March 16-22 (the first week of MCO) clearly shows an increase in demand.

"With the implementation of the MCO, everyone is currently adopting the Working From Home (WFH) concept which witnessed the shift of network traffic from business areas to residential areas, ” the commission told Bernama in an email interview.

It said the infrastructure and network upgrades of RM400 million by telcos as announced recently in the Prihatin Rakyat Economic Stimulus Package are in place to upgrade, enhance and maintain the networks to address slower broadband issues.

The MCMC said TELEKOM MALAYSIA BHD(TM) and TT dotCom Sdn Bhd (TIME) would be supporting telco players by providing additional fibre capacity to serve higher traffic demand.

The upgrading exercise, which also includes upgrading the capacity and improving coverage for critical locations including hospitals, government agencies, enforcement agencies and media centres, would continue until the end of the second quarter of this year.

"Additional investment has also been put to enhance the network coverage and capacity for critical sites such as hospitals, key government and enforcement agencies, and media centres around the country, to name a few.

"All operators continue to invest where needed, and have teams working 24/7 during this MCO period to maintain sites, upgrade capacity, optimise networks and improve coverage, ” the MCMC said.

On top of that, the MCMC said the National Fiberisation and Connectivity Plan (NFCP) would continue to be implemented to improve the country’s digital connectivity, especially in rural areas.

There are six projects that focus on the deployment of infrastructure for fixed and mobile network, namely NFCP 1-6, which are all on track for implementation in 2020 and would be completed in stages between 2021-2023.

NFCP 1,2, 4 and 6 are aimed at increasing LTE coverage at average speeds of 30 Mbps in populated areas by 2023, while NFCP 3 and 5 are aimed at ensuring that 20 per cent of the premises in sub-urban and rural areas achieve broadband speeds of up to 500 Mbps by 2022.

"At present, the commission expects all projects on the ground to be implemented as planned, with no significant delays.

"The implementation of the NFCP projects is being closely monitored by MCMC in an effort to meet the stipulated project timelines as far as is possible, ” it added. - Bernama

News & Blogs

2020-04-12 15:53 | Report Abuse

Good for Netx.

Stock

2020-04-06 01:47 | Report Abuse

Subject was incorporated on 08 May 2000 in Malaysia under the name ARIANTEC SDN. BHD. with registration number of 200001011083 (513689-K). ARIANTEC SDN. BHD.'s business includes TURNKEY SOLUTIONS ON NETWORK INFRASTRUCTURE, SECURITY MANAGEMENT AND SALE AND RENTAL OF ELECTRONIC FUND TRANSFER AT POINT OF SALES TERMINALS.

ARIANTEC SDN. BHD. is a private limited company and has been existed for 20 years.

Stock

2020-04-06 01:40 | Report Abuse

Ariantec Sdn Bhd is located at 1-2, Street Wing Sunsuria Avenue, Psn Mahogani, Kota Damansara, 47810 Petaling Jaya, Selangor Malaysia. You can reach them by Tel: +60 3-5636 6689

Stock

2020-04-06 01:33 | Report Abuse

Ariantec is provide high speed broadband network services.

Stock

2020-04-06 01:32 | Report Abuse

Year 2013

KUALA LUMPUR: Ariantec Global Bhd's unit Ariantec Sdn Bhd has been appointed by Indonesian-based internet service provider PT Pekanbaru Cybercity to construct and provide maintenance services for its high speed broadband network in Pekanbaru, Riau Indonesia.

In conjunction with the US$10mil contract, Ariantec has also partnered with MDB Technologies (M) Sdn Bhd to undertake the works.

“The contract is for a duration of up to three years from the date of commencement and shall be implemented in phases,” it said on Monday.

In a Bursa Malaysia statement, Ariantec said the project would be funded via internal funds and is expected to contribute to its 2013 and 2014 earnings.

Stock

2020-04-06 01:30 | Report Abuse

Ariantec Sdn. Bhd. is based in Malaysia, with the head office in Petaling Jaya. The enterprise currently operates in the Other Telecommunications sector. It was first established on May 08, 2000. From the latest financial highlights, Ariantec Sdn. Bhd. reported a net sales revenue drop of 38.3% in 2018. There was a total growth of 137.88% in Ariantec Sdn. Bhd.’s total assets over the same period. The net profit margin of Ariantec Sdn. Bhd. increased by 5.32% in 2018.

Stock

2020-04-05 16:57 | Report Abuse

Faizal & Stockraider, totally agreed with your both comments.Thanks.

Stock

2020-04-01 23:55 | Report Abuse

Ariantec Sdn. Bhd. is based in Malaysia, with the head office in Petaling Jaya. The enterprise currently operates in the Other Telecommunications sector. It was first established on May 08, 2000. From the latest financial highlights, Ariantec Sdn. Bhd. reported a net sales revenue drop of 38.3% in 2018. There was a total growth of 137.88% in Ariantec Sdn. Bhd.’s total assets over the same period. The net profit margin of Ariantec Sdn. Bhd. increased by 5.32% in 2018.

Headquarters
802, 8Th Floor, Block C, Kelana Square, 17 Jalan Ss7/26
Petaling Jaya; Selangor; Postal Code: 47301

News & Blogs

2020-03-25 22:42 | Report Abuse

Netx will be good to collect? Anyone can give some comments!

Stock

2020-03-19 20:28 | Report Abuse

This share seem like no hope already.

Stock

2020-03-18 00:37 | Report Abuse

Can I know anyone subscribe AT right issue?

Stock

2020-03-15 12:53 | Report Abuse

Michael, what is your TP for this share?

Stock

2019-12-12 21:44 | Report Abuse

Thanks for your update. Calvin

Stock

2019-10-31 07:43 | Report Abuse

Welcome back Calvin. Thanks for your info.

Stock

2019-10-17 00:08 | Report Abuse

Thanks Calvin and Thesteward

Stock

2019-10-14 19:32 | Report Abuse

Thanks Calvin for your hard work.

Stock

2019-10-11 00:01 | Report Abuse

Thanks Calvin and Thesteward

Stock

2019-05-25 11:00 | Report Abuse

This is old article on March 2019.

今年初笔者把GFM (0039) 列入自己的2019 Stock Pick组合,让许多读者都摸不着头。到底是什么原因让笔者对这间公司有着那么高的期待?其实答案就是其公司的"盈利能见度"。公司的盈利能见度的幕后推手就是近期才完成收购KP Mukah的企业活动。

此项收购将会大大提升公司的营业额及净利,那么具体化以数据来分析,我们先来看看公司近3年的财政年表现。根据最新的“炸弹业绩”资料,2018的财政年拥有一次性的企业活动费用,总值RM 5.9百万。如果我们把一次性的费用暂时排除在外,其实2018财政年也是表现标青的一年。

年份-营业额(净利) *RM以百万计算*
2016-RM 25.23 (RM1.99)
2017-RM 104.47 (RM9.99)
2018-RM 123.09 (RM13.57)

重点来了,KP Mukah 的收购到底对GFM的业绩表现造成多大的影响?

首先我们必须先了解KP Mukah在还未被收购之前的赚钱能力到底有多高?根据公司董事经理的一些资料透露,KP Mukah目前手头上的合约可以贡献每年大约RM 18 Mil, 相等于目前GFM净利的2倍,而且这项净利贡献长达18年之久。

那么这是一个什么概念?

我们就保守计算在未收购KP Mukah前,其净利大约一年RM8 Mil。在完成收购后,2019财政年GFM 可以完全纳入KP Mukah的平均净利收入,大约RM 18 Mil。简单预测,GFM 在新的一年里有望能赚取大约 RM 26 mil 的净利。
投行RAKUTEN 更加的乐观认为该公司会在2019财政年能取得RM 30 Mil 的净盈利。

以目前公司4.7 亿的股票流通数量来计算,预计FY 2019 的每股净利大约有5.55cents. 翻开历史数据,GFM的近几年的PE都是介于 20-23 之间。保守以PE 12-15 的计算方法,股价的合理价应该介于 RM 0.66 - RM 0.825。以目前的RM 0.50 的价位,仍有上涨的空间。

以技术面来说,上周五股价在尾盘大幅度反弹,形成了一支吞噬性阳柱(Bullish Engulfing Candle),暂时摆脱了连续3天暴跌接近17%的情况。目前的主要阻力位置是RM 0.520 以及前期高点 RM 0.550。如果成功突破RM0.55, 相信会打开另一波的技术拉升至心理阻力点到RM0.60.

总得来说,GFM 的盈利能见度以目前的数据来看是非常的高,但是这盈利会否反映在股价上,我们就只能拭目以待吧!

Stock

2019-04-21 10:42 | Report Abuse

Patrick, thanks for your analysis.

Stock

2019-03-30 02:32 | Report Abuse

The above news is on 2nd April 2018. Do you have any latest news about AT?

Stock

2019-02-11 08:32 | Report Abuse

AT Systematization Bhd’s wholly-owned subsidiary, AT Precision Tooling Sdn Bhd, acquired a 9.09% stake in Trive Property Group Bhd for RM2.92 million as it seeks to expand into the solar energy business. News on 8th Feb 2019

Stock

2018-11-29 19:18 | Report Abuse

Q result show positive, it's good sign.

Stock

2018-11-23 21:38 | Report Abuse

Good or bad news?

Stock

2018-11-12 20:53 | Report Abuse

News on 10 Nov.
KUCHING: Pictureworks Holdings Sdn Bhd (Pictureworks), Asia’s leading imaging solutions provider for theme parks and attractions, has announced a partnership with China’s largest smart tourism information solutions provider, Smart Guide Holding Group Ltd (Smart Guide), to collaboratively widen both parties’ market outreach worldwide, diversifying their businesses into new territories and industries while promoting smart tourism in Malaysia, China and Southeast Asia.

Established in 2008, Pictureworks through its proprietary imaging technology solution known as PictureAir, serves more than 30 theme parks and attractions in 14 countries.

Pictureworks joined the PUC Behd (PUC) umbrella in June 2018, tapping on the latter’s platform to elevate its imaging services.

Smart Guide is the largest smart tourism information system provider in China, dedicated in providing comprehensive solutions and advancement to China’s smart tourism industry.

They have expanded their services to 70 per cent of China and parts of Southeast Asia, covering Wudang Mountains, Mutianyu Great Wall, Tianshan Grand Canyon, Jinsha Site Museum, and over 180 tourist attractions.

This partnership allows Pictureworks to expand into the untapped Chinese market by having Smart Guide to promote PictureAir solutions in their widespread coverage of sightseeing destinations, tourist attractions, cultural and historical sites, and natural landmarks.

Coupled with its US-patented TouchClear technology currently implemented in the PictureAir platform, Pictureworks is working on complementing the platform with Facial Recognition technology to offer visitors a seamless experience in picture retrieval and easy purchase of photo products or personalised merchandise via WeChat Pay and Alipay in China.

The partnership also unlocks greater business opportunities where Pictureworks and Smart Guide can jointly expand into the media and advertising space, authorising Smart Guide to promote and sell advertisement spaces available on the PictureAir website and mobile app via a profit sharing model.

Group chief executive officer of Pictureworks, Johnny Loke highlighted that the partnership is strategic as it offers Pictureworks an instant reach to new territories covering well known tourist attractions and sightseeing destinations particularly China and the Southeast Asia, while PictureAir solutions has been predominantly used in theme parks and amusement parks.

Loke further shared, “We intend to grow our business into the next revolutionary level. Apart from venturing into new territories, we also focus on driving PictureAir

imaging solution licensing business to site operators allowing them to have better control in their imaging service offerings.

“Pictureworks can then lower its operation related costs by cutting down site operations for photography and imaging services.

“The spared capacity allows us to focus on the upcoming expansion plans as well as the research and development initiatives to further unlock Pictureworks’ potentials.”

Stock

2018-11-09 21:57 | Report Abuse

Axiata’s other digital ventures include a 47.7% stake in e-commerce platform 11Street Malaysia, in which PUC Bhd agreed to invest up to RM90 million in four tranches in April this year. The deal implies a RM375 million valuation for 11Street, which recorded RM427 million in gross merchandising value at end-2017, and reportedly had 13.5 million unique monthly users in December 2017.

Stock

2018-08-15 01:04 | Report Abuse

(吉隆坡14日訊)鑒于鋁價走高和較低的原料價格,分析員認為,齊力工業(PMETAL,8869,主板工業股)2018財政年次季(截至6月30日止)淨利料按年取得單位數成長。

齊力工業的股價今日下跌9仙或1.8%,至4.90令吉,全天成交量為237萬零300股。

興業投行分析員表示,齊力工業將在本週公佈2018財政年次季業績,相信該公司的淨利能按季和按年取得單位數成長,至1億5500萬令吉到1億6500萬令吉之間,主要由鋁售價走高(按年上漲18%)和較低的碳素陽極(carbon-anode)價格(按年跌4%)所推動;惟,礬土(Alumina)價格按年飆升69%和令吉匯率走強將抵消上述部份利好。礬土和碳素陽極都是煉鋁的原料之一。

分析員指出,倫敦金屬交易所(LME)3月交割的鋁價近期已開始反彈,目前處在每公噸2100美元。展望未來,鑒于《彭博社》數據顯示,全球鋁生產量每月仍缺貨9萬7000公噸,因此鋁價有望繼續上漲。

「隨著中國開始步入冬季,并開始收緊環境政策以減少污染及碳排放量,鋁供不應求的情況料延續一段時間。我們相信,鋁價在年底時將回揚至每公噸2200美元水平,但貿易戰隱憂或令鋁價更為波動。」

今年鋁價預測2035美元

有鑒于此,分析員將今年的鋁價預測,從每公噸1925美元,上調至每公噸2035美元,但將明年的鋁價預測從每公噸2200美元,下調至每公噸2118美元。

另外,他也說,齊力工業今年所有產量及明年1/3的產量都已接獲訂單。

惟,基于礬土價格急速飆漲,分析員將齊力工業2018至2020財政年盈利預測,分別下調6%至8%,至6億8900萬令吉、8億8100萬令吉和9億1100萬令吉。

不過,該分析員仍維持齊力工業「買入」的投資評級和5.60令吉的目標價。

Stock

2018-03-09 21:39 | Report Abuse

(吉隆坡9日讯)马拉科夫(MALAKOF,5264,主板贸服组)旗下丹绒宾能源有限公司(TBE)今年有望恢复正常产量,马银行研究决定调高其盈利预测。

丹绒宾能源停工
应收账款减1.2亿

马银行依据能源委员会(EC)记录,TBE在2017年仅营运了65%天数,低于正常的85%天数,因此该行预测,丹绒宾能源停工导致马拉科夫减少了1亿2000万令吉的应收账款。

2017年3至5月期间,丹绒宾能源面对停产而需要安排维修;同年11月,因管道面对泄漏问题,导致发电厂再度停工,直至今年1月为止。

马银行补充,丹绒宾能源及曼绒4号厂是使用Alstom(现为通用电器)的设备,而曼绒5号厂则是使用日立(Hitachi)设备。

马银行说,能源委员会数据显示,截至今年2月22日,火炭发电厂的放电深度(DoD)增加了7个基点,若T B E已恢复正常生产,那么T B E不可再面对任何停工,产能方符合全面投运。

马银行参考2017年数据,假设丹绒宾能源少收1000万令吉的应收款项,那么马拉科夫净利将减少2.4%或800万令吉。

马银行调整丹绒宾能源的财务估值,预期马拉科夫可获得更多应收款项,并认列在盈利,因此调高马拉科夫2018至2020财政年的盈利预测6至7%,分别为3亿1900万、3亿5800万和3亿3310万令吉。

马银行认为马拉科夫的高周息率是最大吸引力,估计达7至8%,即使丹绒宾能源应收款比预期少,周息率还是超越6%,因此维持“买进”评级,保持1令吉15仙目标价不变。

Stock

2018-03-07 22:16 | Report Abuse

(吉隆坡7日讯)马拉科夫(MALAKOF,5264,主板贸服组)第四季净利低于预期,然而派息有惊喜,分析员下调财测,但看好该公司周息率具吸引力和估值偏低。

马银行研究表示,马拉科夫末季派发3.7仙终期股息,全年派息6.2仙,达致100%派息率,管理层允诺维持100%派息率,因此看好该公司提供逾6%的具吸引力周息率。

管理层允诺100%派息率

艾芬黄氏研究指出,该公司2017年总营运现金达27亿令吉,并手握50亿令吉现金;管理层表示有能力派息100%。基于每年派息低于7仙,因而料不改100%派息率。

“全年派息6.2仙相等于97.2%派息率,显著超出过往60至75%派息率。管理层表示会维持超过90%派息,为股东创造更多价值。”

艾芬说,管理层仍寻找契机促成业务增长,放眼可促成双位数回酬的股本投资;目前正评估大马与中东北非的新发电计划。

马拉科夫第四季净利跌51.54%,至4372万4000令吉,主要是昔加里发电厂低电能付款和丹绒宾发电厂贡献降低拖累,全年亦跌12.8%,至3亿零995万1000令吉。

艾芬指出,末季赚益走低是因丹绒宾能源的营运干扰,导致该季11月与12月未获电能付款。

按照购电协议(PPA)条件,基于非计划停电率(UOR)超过6%(至接近14%),造成1亿零800万令吉的净利冲击。

艾芬认为,尽管上述干扰只在1月杪才解决,预料今年首季不会如去年末季严重,马拉科夫也将提前维修保养以减损失;丹绒宾的电能付款每日200万令吉。

兴业认为其电能供应可在今年次季解决,付款可正常化。马拉科夫各购电协议完好无干扰,预期电能付款平平。昔加里的购电协议费率则受调低。

财测维持

因此兴业调低该公司今明两财政年财测43%与31%,并预期其派息率从60%提高至90%,两财年周息率5.2%与5.9%。

艾芬调低2018与2019财政年每股盈利预测7%与20%,主要考量到低电能付款、低利息收入(高派息率之故)、联号公司贡献减等因素。

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2018-02-25 10:12 | Report Abuse

RHB target price and come out on 23 Feb 2018.


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TOPICS GE14 | Year of the Dog | #DaretoCare | StandTogether | True or Not | Star Foundation | WOW
Malakoff 'buy', Malaysia Airports 'sell', MSM 'neutral'
ANALYST REPORTS
Friday, 23 Feb 2018
By Analyst Reports

MALAKOFF CORP BHD

By RHB Research

Buy

Target price: RM1.05

image: https://content.aimatch.com/default.gif

image: https://content.thestar.com.my/smg/settag/name=lotame/tags=Fatin_GSC_Insight_ALL,Eve_Tech_Telco,Eve_Property_Interested,BusinessSMG,Eve_Affluent_Audience,35plusA4,65plus,male,25to34,35to44,tsol,18to24,female,Eve_Business_Audience,55to64,Eve_Prog_Lifestyle,45to54,Eve_Prog_Business,Eve_Affluent_Property,all,Eve_Business_Jobseekers

MALAKOFF Corp Bhd’s 4Q17 core net profit came in at RM50.8mil, bringing FY17 earnings to RM319mil, which is below RHB Research’s expectations at 81% of its forecast, but within consensus estimates.

RHB said the main reasons for the negative surprise were the larger than-expected negative impact from the Segari power purchase agreement (PPA) which started in July 2017 and the unplanned outages at the Tanjung Bin Energy (TBE) in 4Q17, resulting in lower capacity payments.

Malakoff declared a second interim dividend of 3.7 sen per share, bringing to a full-year dividend of 6.2 sen a share share, which implied yield of 6.8%.

RHB pointed out that the payout implied a dividend payout ratio of 97.2%, significantly higher than its historical payout of 60%-75%.

Management indicated during its briefing that the group would pursue a higher dividend payout policy to provide more value to the shareholders.

RHB said that the unplanned outages in 4Q17 at TBE was due to boiler failure.

The group is still rectifying the issue and it expects to see normalised capacity payment from the second quarter once problems are solved.

All the major PPAs are still intact, and RHB expected capacity payments to be flat year-on-year and similar revenue levels in 2018 (other than Segari, whose PPA was revised lower).

RHB has reduced its forecast on Malakoff’s FY18 and FY19 earnings by 43% and 31% respectively to account for lower capacity payments from Segari and conservatively pricing in two outages at TBE in FY18.

However, dividend payout assumption rises to 90% from 60% previously, leading to yields estimate of 5.2% and 5.9% for FY18 and FY19. Despite the earnings cut, RHB liked Malakoff for its attractive dividend yield, low valuation following a major share price correction on the TBE outage and Segari PPA revision, as well as the recurring cash flow from its PPAs.

It maintained a “buy” call on Malakoff, but warned the key risks to its recommendation would be on further outages at TBE and higher losses from its joint ventures.


Read more at https://www.thestar.com.my/business/business-news/2018/02/23/analyst-reports/#cpoTBBTeIQTsW6HH.99

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2018-02-24 18:28 | Report Abuse

Will see Malakof price toward 1.00 slowly.

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2018-02-22 13:27 | Report Abuse

I think Malakof still perform good. I would expect price will slowly move up to 1.00

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2018-02-20 18:03 | Report Abuse

If the 4thq report is good then the price will move up. Hope the qr is good.

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2018-02-20 15:54 | Report Abuse

Hope the 4th QR is good and should be announced by today or tomorrow.

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2018-02-16 17:23 | Report Abuse

I would said that share buy back is good where management know well the company have good business in coming time. Hope the next week QR will be good. Wish all Happy Chinese New Year.

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2018-02-16 17:19 | Report Abuse

持多余现金
看好公司前景

Areca资本首席执行员黄德明接受《星洲财经》访问时表示,会进行股票回购公司手上都有多余现金,管理层认为公司股价被低估或对营运前景有信心,买进自己公司股权一点也不出奇。

“一般会进行回购活动的公司手上都有现金,公司股价下挫,回购除了稳定股价外,也能合理运用公司资金。”

他补充:“管理层是最清楚自己经营业务的人,在市场出现惊慌抛售的时候,他们看到的是趁低吸纳机会。我认为国内经济成长尚未反映在企业获利上,这可能是递延效应,预测未来数季度的企业获利会继续走扬。”

Fundsupermart分析员李志勇持同样的看法,他指出,一些受马币走强拖累的出口股项,股价表现和去年已经有很大落差,这是一个趁低吸纳的好机会。

“部份管理层对自己的公司有信心,尤其是一些大型蓝筹股,他们看到自己公司面对卖压,入场回购部份股权并不出奇。”

他说:“总的来说,管理层选择买进自己的公司除了为股价提供支持外,另外一个原因就是看好公司前景。他们最清楚公司发展,一时股价下挫,不会影响他们对公司的信心。”

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2018-02-14 13:22 | Report Abuse

Coming QR will be out by next week after Chinese New Year. Hope the QR result will be good.