Posted by Eastern_Tea > 2014-05-14 19:19 | Report Abuse

Tomorrow is CMSB show time...

Posted by steady > 2014-05-14 20:46 | Report Abuse

Breakout the triangle, next target is 11.48 which coincident to recent high. Good luck

Posted by LIAUSAN > 2014-05-14 22:11 | Report Abuse

Tomorrow ESOS is coming out ,will it affect the share price ?

Posted by Eastern_Tea > 2014-05-15 02:28 | Report Abuse

Cahya Mata Sarawak Berhad 1Q net profit rising 35% Finance 14 May 2014


( Kuala Lumpur 14 May ) Cahya Mata Sarawak Berhad (CMSB, 2852, the mainboard industry shares ) in the first quarter of financial year 2014 ( ended March 31 ) to enhance the 35.39% annual net profit to RM38.896 million , compared to RM28.727 million.

Turnover from the same period last year, RM310.359 million, up 20.26% to RM373.239 million.

Supported by the cement , construction, road maintenance and property development businesses , CMSB financial year 2014 first quarter pre-tax profit achieved RM66.19 million, according to annual growth of 21% .

CMSB managing director Datuk Curtis (Richard Curtis) pointed out that the company's building and trade, construction and road maintenance , property business while obtaining a higher pre-tax profit rising 12%, 2% and 4428% respectively .

" Positive performance in the first quarter financial year 2014 results , which means that the performance of the financial year 2014 the company is expected to achieve steady growth ."

Pre-tax profit edged down 3 percent cement business , to RM20.44 million a year earlier to RM21.09 million, which is attributed to between February and March , the cement factory for repair and maintenance work.

Due to the increase in property sales , as well as the sale of the land before the quarterly profit recorded pretax profit CMSB property development business turnaround , from a year earlier loss of RM432,000, has a net profit of RM18.7 million.

Posted by masteragu > 2014-05-15 10:00 | Report Abuse

what happen? tot today show time ?

Posted by Eastern_Tea > 2014-05-15 11:32 | Report Abuse

Today CMSB pancit...

Posted by 2767max > 2014-05-15 11:44 | Report Abuse

good 1st q result but price drop ?

Posted by Eastern_Tea > 2014-05-15 13:08 | Report Abuse

Waiting for the good news this afternoon after EGM/AGM meeting...hehe...

Posted by Julica Edward > 2014-05-15 13:29 | Report Abuse

all resolution passed.. agm/egm finished

Posted by kwl8888 > 2014-05-15 13:38 | Report Abuse

Sure approved, now hope afternoon price can rebound

Posted by masteragu > 2014-05-15 14:55 | Report Abuse

bleeding more. i don't get it.....why people dumping the stock?

Posted by masteragu > 2014-05-15 15:05 | Report Abuse

fking miserable........30c down .

Posted by Eastern_Tea > 2014-05-15 15:15 | Report Abuse

Walao...

Posted by Eastern_Tea > 2014-05-15 15:18 | Report Abuse

The drop is equal to 3 days hard climb...

Posted by steady > 2014-05-15 15:20 | Report Abuse

time to buy :) but not today

Posted by 8wpwtmt8 > 2014-05-15 15:21 | Report Abuse

Bad news:
http://www.theedgemalaysia.com/business-news/289525-hot-stock-cahya-mata-falls-22-on-lower-cement-division-earnings.html

Posted by masteragu > 2014-05-15 15:25 | Report Abuse

oh now they downgrade to "buy" from "strong buy". &#^&%@^$@!!!!!

Posted by Eastern_Tea > 2014-05-15 15:26 | Report Abuse

Alliance TP 11.33, not bad la...

Posted by mmk79 > 2014-05-15 16:59 | Report Abuse

Look like tomorrow gonna drop again oh

Posted by 8wpwtmt8 > 2014-05-15 18:38 | Report Abuse

It may drop to RM9.00 at ex-date. After ex-date becomes RM3.00 with target price of RM3.50++. Very much more affordable compared to now.

Posted by Tan Wan Ting > 2014-05-15 19:56 | Report Abuse

http://bursa-entitlement.blogspot.com/2014/05/cmsb-bonus-issue-1-2.html

Posted by choop818 > 2014-05-15 22:09 | Report Abuse

Tomorrow should move up again.

Posted by mmk79 > 2014-05-16 16:12 | Report Abuse

'Sign' getting clear and clear now

Posted by 8wpwtmt8 > 2014-05-16 19:08 | Report Abuse

mmk79: Can you please elaborate further what 'sign'. Stagnant at around RM9.60 before ex-date or what?

Posted by johnny cash > 2014-05-16 19:32 | Report Abuse

Cahya Mata Sarawak (CMS MK)
Technical Buy on Weakness
Last price: RM9.86
Target Price : 10.85
Support: RM9.20
CMS’s share price has consistently traded above the long-term
trendline over the last five months. Despite rebounding from the
low of RM9.20 on 14 Apr 14, CMS was unable to sustain the muchneeded
momentum in order to test the recent high of RM11.46.
Given the lack of buying interest at the moment as well as the
share price trading below both 10-day and 21-day SMA lines, we
opine that the short-term outlook has a downside bias as the
bearish crossover in Stochastic confirms further correction.
Nevertheless, with the overall trend remaining on the upside, the
weakness ahead should, in our view, be perceived as an
opportunity to accumulate the share at a lower price. We expect
CMS to test the immediate support of RM9.20. Thus, investors are
recommended to accumulate at RM9.20-RM9.50. Upon
normalisation of the selling pressure, CMS should resume trading
towards the long-term uptrend line. Stop-loss can be placed below
RM8.99.

Posted by johnny cash > 2014-05-16 19:33 | Report Abuse

STOCK IMPACT
 Slight hiccup for cement division due to repair and maintenance work carried
out for its clinker plant in late-Feb 14. For the quarter, cement division recorded
PBT of RM20.4m (-6.2% qoq, -3.1% yoy) against our full-year expectations of
RM110m. Having said that, the cement division remained the mainstay of CMS,
contributing up to 29% of the group’s profits. Going forward, we expect cement
demand to be underpinned by SCORE initiatives as construction activities are
expected to pick up to support the economic corridor. Furthermore, we forecast
division margins to improve to 20% from 15% currently, largely driven by the
recent 5-9% price hikes undertaken in Feb 14.
 Expecting steady profits from road concession. The road concession division
suffered qoq contraction of -61% largely attributed to exceptionally strong works
for state roads in the previous quarter whilst most instructed works carried out in
1Q14 have yet to be claimed. Looking ahead, we project a 3% uptick in 2015
segment earnings as its state road concession is due for another round of revision
in Jan 15. We note that the current concession was last revised upwards by 9% in
2012.
 OM Sarawak (OMS) to commence operations soon. We gather that works for
the ferroalloy facility is entering its final stages and the plant is expected to
commence operations soon in 3Q14. We are excited about the JV prospects and
forecast earnings contribution of RM63m from this project upon full production of
phase 1 in late 2015.
RECOMMENDATION
 Maintain HOLD… with unchanged SOTP-based target price of RM10.88, implying
2015 PER of 15x and dividend yield of 2%. Whilst we like the long-term
fundamentals of CMS, we recommend a HOLD as its share price has risen by
around 44% ytd and 200% since General Election in May13. Entry price: RM9.30.
 …with upside to our target price. Whilst we recommend a HOLD, we reckon there
is potential upside to our target price as we have yet to impute the value of its
planned Phosphate project (could be worth up to RM1.38/share) and its potential
acquisition of Sacofa, a telecommunication infrastructure player in Sarawak.

Posted by johnny cash > 2014-05-16 19:34 | Report Abuse

RESULTS
 Cahya Mata Sarawak (CMS) reported 1Q14 revenue of RM373.2m (-15.1% qoq,
+20.3% yoy) and net profit of RM38.9m (-40.8% qoq, +35.4% yoy). Despite 1Q14
results accounting for 19% of our numbers, we deem it broadly in line with
expectations as 1Q is the seasonally-weakest quarter.

Posted by johnny cash > 2014-05-16 19:35 | Report Abuse

CAHYA MATA SARAWAK (CMS MK)
1Q14: Minor Hiccup For Cement
Despite 1Q14 results forming up to 19% of our full-year expectations, we deem the
results in line with expectations as earnings for the group are more back-end loaded.
For the quarter, cement division suffered a minor hiccup due to maintenance works for
its clinker plant. Overall, we remain positive on the group’s long-term fundamentals
driven by its SCORE initiatives. However, we recommend a HOLD due to stellar share
price performances. Target price: RM10.88. Entry price: RM9.30.

Posted by johnny cash > 2014-05-16 19:36 | Report Abuse

HOLD
(MAINTAINED)
Share Price RM9.86
Target Price RM10.88
Upside +10.3%

Posted by ValueInvestment > 2014-05-19 13:20 |

Post removed.Why?

Posted by steelheart > 2014-05-19 13:46 | Report Abuse

Go go go CMSB! Potential to be the biggest conglomerate in Sarawak one day! Contracts will continue to flow as CMSB has the biggest monopoly and SCORE will really catalyze its growth to be one of the biggest companies in Malaysia!

Posted by Eastern_Tea > 2014-05-19 14:08 | Report Abuse

SCORE, Sacofa, Silicon Alloy Refinery and Phosphate Additives Plan...Huhu...

Posted by choop818 > 2014-05-19 19:13 | Report Abuse

East_Tea, nice. But announce after split/bonus is better. Don't you think so?

Posted by Eastern_Tea > 2014-05-20 09:05 | Report Abuse

Ya Choop818, definitely...haha...

Posted by Eastern_Tea > 2014-05-20 12:45 | Report Abuse

These projects can say within this ten yrs sure makan tidak habis...jiak beh liao...

Posted by choop818 > 2014-05-20 13:17 | Report Abuse

East_Tea, is o&g also in your list?

Posted by Eastern_Tea > 2014-05-20 15:16 | Report Abuse

Ya Choop818...last time had daya, but now all in cmsb liao...

Posted by Eastern_Tea > 2014-05-20 15:18 | Report Abuse

Choop818, how about you?

Posted by Eastern_Tea > 2014-05-20 18:06 | Report Abuse

建筑业发展蓬勃 砂查也马特业绩看涨
财经新闻 财经 2014-05-20 10:48

（吉隆坡19日讯）分析员相信，砂拉越发展蓬勃的建筑领域，将成为砂查也马特（CMSB，2852，主板工业产品股）未来业绩增长的最大动力。
马银行投行研究分析员指，虽然首季为历年淡季，但砂查也马特所公布的首季业绩表现依然亮眼，归功于建筑和道路维修及产业发展业务贡献增加，以及脱售土地的盈收。
公司首季净利大涨35.4%至3889万6000令吉，上财年同期是2872万7000令吉；营业额报3亿7323万9000令吉，较上财年同期的3亿1035万9000令吉，增长20.26%。
当季每股盈利是11.46仙，上财年同期为8.89仙。
“砂拉越建筑工程大增，而供应洋灰和建材的砂查也马特则借此受惠。”
占成本优势
其他业绩增长推动力，也包括洋灰价格自2月调涨5%至6%、水泥厂房重新投入运作，以及土地脱售和道路维修合约增加。
另一方面，砂查也马特也持有砂拉越再生能源走廊（SCORE）硅铁精炼厂房的20%股权，料可在今年第3季开始投产，并于明年中完全投入运作。
安联研究分析员指：“这家厂房成为未来主要盈利来源，因为占有成本优势。”
该厂房享有较低的电费优惠，以及5年的税务优惠，而且产品市场需求高。
股价仍有上扬空间
兴业研究欣赏砂查也马特业绩增长前景看俏，且拥有充裕的资金周转。
截至首季，砂查也马特手上有6亿1200万令吉现金，相等于每股1.8令吉。
此外，该公司也有总值1亿3700万令吉的股票投资，或每股40仙。
“自我们从去年3月份开始追踪该股以来，其股价已上扬了3倍。我们基于相信其业绩还有增长潜能，认为股价还有上扬空间。”
他重申“买入”评级，并相信公司或会通过发放红股，以及分细股份来带动投资情绪，进而进一步提升股价。

Posted by Eastern_Tea > 2014-05-20 18:10 | Report Abuse

Maybank TP 10.50, Alliance TP 11.30, RHB TP 12.20...

Posted by steady > 2014-05-20 18:14 | Report Abuse

just buy & go sleep

Posted by Eastern_Tea > 2014-05-20 19:12 | Report Abuse

Ya...just buy and go sleep...after one year then see it again sure have big surprise...hahaha...

Posted by Eastern_Tea > 2014-05-20 19:50 | Report Abuse

SCORE料推動來季業務‧砂州日光財測不變2014-05-15 17:13

（吉隆坡15日訊）砂州日光（CMSB,2852,主板工業產品組）首季業績較遜色，主要這是傳統較弱季度，預料未來季度將恢復強勁成長，分析員維持財測不變，並認為砂州再生能源走廊計劃（SCORE）進展，將有助該公司未來業務表現。
興業研究指出，砂州日光首季業績向來是表現最弱的季度，最新首季淨利為3千890萬令吉，僅占全年預測的18.9%，惟仍符合預測，特別是洋灰業務料在今年下半年取得進一步改善，及其他業務也會在砂州再生能源走廊計劃中受惠走強。
興業維持淨利預測不變，2014年淨利為2億零600萬令吉，以及2015年則為2億6千300萬令吉。
馬銀行研究也認為該公司首季業績符合預測，並預料未來季度的盈利表現將更為強勁，因此維持財測不變，預料2014年核心淨利為2億零810萬令吉，2015年為2億5千210萬令吉，以及2016年為3億零670萬令吉。
興業指出，市場密切關注預期在今年下半年投入營運的OM砂拉越有限公司的硅鐵合金提煉廠，預料按時執行的砂州再生能源走廊計劃，將使其旗下全部業務受惠，包括持有51%股權的沙瑪拉朱產業發展計劃，以及持有40%股權的大馬磷酸鹽添加劑計劃等。
安聯研究指出，砂州日光持有20%股權的硅鐵合金提煉廠，料在今年第三季投入營運，及在2015年全面運作，預料此工廠將是其短期主要盈利催化動力，主要是獲得便宜電力，強勁需求加上預訂合約，及擁有6年稅務獎掖等。
馬銀行指出，砂州日光為砂拉越成長的“代理”公司，建築活動將帶動其洋灰及建材業務。該公司在砂州再生能源走廊計劃的策略性投資，包括硅鐵合金提煉廠以及磷酸鹽添加劑計劃，料將進一步推動其盈利成長。
馬銀行指出，一旦旗下硅鐵合金提煉廠聯營計劃開始作出盈利貢獻，相信該公司將在2014年杪檢討它的股息派發率。該公司擁有充裕現金，任何潛在併購或新投資將進一步重估其價值。

Posted by Eastern_Tea > 2014-05-20 19:51 | Report Abuse

Will have higher dividend...sui sui...

Posted by choop818 > 2014-05-20 19:51 | Report Abuse

East_Tea, I mean CMSB also involved in o&g. Possible or not? I read somewhere, state gov wants to be directly involved also, but didn't mention CMSB by name.

Posted by Eastern_Tea > 2014-05-20 19:56 | Report Abuse

Choop818, dayang is the one...

Posted by Eastern_Tea > 2014-05-20 20:43 | Report Abuse

CMSB, KKB, DAYANG, NAIM, SCABLE, SWKPLNT, TAANN, SIGGAS, PMETAL, KENANGA all are related...

Posted by alphajack > 2014-05-20 20:45 | Report Abuse

crony oh crony kenapa lu suka curi duit rakyat lolol

Posted by Eastern_Tea > 2014-05-20 22:25 | Report Abuse

Sources from klse cmsb financial
Year DY(%)
2000 6.49
2001 2.14
2002 2.87
2003 2.51
2004 3.33
2005 5.38
2006 3.42
2007 2.18
2008 4.39
2009 3.38
2010 3.76
2011 7.18
2012 5.11
2013 2.47
2014 1.75

Posted by eastern_tea > 2014-05-21 13:12 | Report Abuse

Two days sharp drop edi...