Posted by Mizi1 > 2017-04-08 00:59 | Report Abuse

Overheated....

Posted by sosfinance > 2017-04-09 09:19 | Report Abuse

Public Bank's analyst did a very comprehensive write-up on Century. Buy the "brand".

Posted by leong1188 > 2017-04-09 10:54 | Report Abuse

Yup. Very good report. So comprehensive and detailed research!

Posted by sosfinance > 2017-04-11 19:14 | Report Abuse

Overbought at the moment. Lets hope it correct a bit more, so more people can accumulate for its long term potential in B2C.

Posted by Si Min Tan > 2017-04-13 14:38 | Report Abuse

Edwin Yeap diposing shares... I thought he is the only one who staying because of company good future

Posted by R40s > 2017-04-13 22:40 | Report Abuse

Si Min, that's Steven Teow the MD, not Edwin Yeap. See below:

http://www.thestar.com.my/business/business-news/2016/09/12/century-logistics-md-to-stay-on/

Posted by Apollo Ang > 2017-04-13 22:47 | Report Abuse

edwin bought at 58cts only now disposing....beware

Posted by Si Min Tan > 2017-04-14 00:44 | Report Abuse

I see. My mistake. but he is still in the management team.

"Managing Director, Steven
Teow as well as the Executive Director,
Edwin Yeap who have continued to
remain on the Board together with the
current management team"

Posted by ksjl > 2017-04-14 01:08 | Report Abuse

Edwin Yeap exercised more than 1.3 million ESOS in the year 2016 (pg 48 of 2016 Annual Report), which constitute part of the Executive Director's remuneration package.
So his disposing of the shares is a normal course of transaction given that any person who receives ESOS will realised some of the shares bought at a cheap price, it being part of the remuneration package.

Posted by ksjl > 2017-04-14 01:16 | Report Abuse

FYI, of the 1.34 million ESOS exercised in 2016, he only disposed of 400k. Means he still held on to an additional 940k shares acquired through exercising ESOS. This is on top of the shares he already owned in the company.

So you are saying 'beware', hahaha...
If someone with such a huge shareholding were to exit, I don't think it will be through the open market.

Posted by sosfinance > 2017-04-15 12:24 | Report Abuse

Go for good biz, good people and good price. Century is going into parcel delivery, a good biz model (look at GDex & POS). Good people, competent & expert in parcel delivery (proven in their home country, No.1 Korean parcel delivery company). Good price? GDex is RM3.2b. Century, is only RM430m on the existing biz of B2B.

If they can achieve half the size of GDex, revenue of RM110m by 2020, it's achievable. So, we add in RM1.6b, or maybe say 30% discount, RM1.1b. Fair value is about RM1.53b or RM5.25 per share.

Posted by wannabeinvestor > 2017-04-16 16:33 | Report Abuse

"cold eye" always remind us, buy fundamental strong and growing company and I believe century fits in.

Posted by JT5774 > 2017-04-21 10:18 | Report Abuse

Anyone attending the AGM today, Please update. Thanks.

Posted by wannabeinvestor > 2017-04-21 17:12 | Report Abuse

In the AGM, we could expect this year eps will be slightly better than last year, steady dividend. Ecommerce will be rolling out in a couple of months but didnt specify when, ready to expect losses for the first 2 years and they have a vision to bring century to become regional player as stated in the report book. Future capex could be between 50m-100m for the parcel delivery either from internal or borrowings. Bank approved credit facility are up to 170m but not necessary use till the max.

Posted by Si Min Tan > 2017-04-22 01:40 | Report Abuse

thank you wannabeinvestor! did the koreans attend? how do they impress you? reliable?

Posted by stockmanmy > 2017-04-22 02:16 | Report Abuse

I am impressed with this sos.

Posted by wannabeinvestor > 2017-04-22 17:26 | Report Abuse

Koreans just sit there..Mostly Edwin and Teow did the speech with confident and firm. I'm impressed with the way Teow answer one of the shareholder question "would the nestle case affect century image".

Posted by R40s > 2017-04-22 17:53 | Report Abuse

In my encounters with Koreans, they are like the Japs, they don't speak a lot, maybe it's due to their English oral skills? Or maybe because they are still new here, so they let the local guys do the PR talks...

About the Nestle case, I believe it's no longer affecting Century's business, as shown in the last Q's results, with marked improvements over the preceeding Qs before the dispute was amicably resolved. If the cost of settlement out-of-court was not deducted, the profits and NPM was actually pretty good considering the industry's tough environment...

Posted by Si Min Tan > 2017-04-23 00:00 | Report Abuse

wannabeinvestor, what was it? please spill the beans!

Posted by wannabeinvestor > 2017-04-23 16:26 | Report Abuse

hahaha.. Teow has his point of parting the relationship with Nestle, he gave a case example where Nestle wants them to clear loadings during wee hours and the whole Century's team including MD, ED themselves have to work until 3-4am to get things done and Nestle didn't even appreciate them as their service provider, arrogant, it is like big bullying small...so Teow think that its a waste of company resources in long term and therefore, breaking tie with nestle.

Posted by wannabeinvestor > 2017-04-23 16:28 | Report Abuse

He even mentioned CJ approved RM5m to settle the suit just to get things over, but Teow insist they did nothing wrong and just pay up RM2m to settle it.

Posted by wannabeinvestor > 2017-04-23 16:37 | Report Abuse

plus, regarding the ecommerce they said give them 4 years to show positive result as the 1st 2 years possible lost due investment on buying trucks, technology, hiring lots of employees etc...

Posted by R40s > 2017-04-24 01:17 | Report Abuse

@ sosfinance,

I don't really understand how you arrived at Century's fair value at about Rm5.25 per share, can you share your estimation with some details?

15/04/2017 12:24:
"If they can achieve half the size of GDex, revenue of RM110m by 2020, it's achievable. So, we add in RM1.6b, or maybe say 30% discount, RM1.1b. Fair value is about RM1.53b or RM5.25 per share"

Posted by Si Min Tan > 2017-04-24 13:24 | Report Abuse

wannabeinvestor, thank you! his explanation did make sense, but it somehow show their communication/social skills have to improved? Imagine every company treat them that way, and they didn't manage to found a solution, how are they gonna survive? cannot everytime also fight...

Posted by wannabeinvestor > 2017-04-25 16:37 | Report Abuse

ya la..I also think so..but he said century is not the only service provider facing same problem with nestle.. so the problem is with nestle and it's kind of complicated..

Posted by leong1188 > 2017-04-26 09:54 | Report Abuse

大股东CJ韩国速递亚洲助力‧世纪通运进军大马速递业务
（吉隆坡21日讯）世纪通运控股（CENTURY,7117,主板贸服组）在大股东CJ韩国速递亚洲助力下，磨拳擦掌进军大马速递业务，并冀望成为后者在东南亚的物流枢纽。

冀成东南亚物流枢纽

世纪通运控股执行董事叶邱顺在股东大会后向《星洲财经》表示，CJ目前在探讨打造世纪通运控股成为东南亚物流枢纽的可行性，惟决定权依然在CJ手上。

叶邱顺表示，该公司首家速递业务分行最快将于今年7月或8月投入服务，目前锁定柔佛或槟城作为首个分行地点。

他指出，在巴生河流域则将会与CJ大马合作，一同进行速递服务。

他表示，进军速递领域，需要投入较多的资金，普遍需要至少500辆货车及在全马各地皆有分行，该公司将按部就班，放眼在两年内，服务范围涵盖西海岸，较后则部署进入东海岸市场。

叶邱顺相信，在CJ的羽翼及电子商务增长潜能看俏下，将能在速递领域分一杯羹。


他坦言，CJ崛起成为大股东，能够为世纪通运控股带来增值，该公司不单在早期派遣一支为数10至15人的团队到来大马为速递领域进行研究分析，更分享其在韩国的技术及科技。

今明年资本开销料1.5亿

叶邱顺表示，该公司不排除在未来，除了提供货车速递外，也推出三轮摩托车速递服务，惟尚在探讨中。

叶邱顺指出，今明两年的资本开销料为1亿5000万令吉，分别是2500万令吉添购速递货车（以载货量1公吨为主）、1亿令吉增建仓库、500万至1000万令吉作为翻新仓库，剩余则是提升电脑系统。


叶邱顺指出，世纪通运控股目前尚在寻找适合并购的公司，包括速递、货车公司等，至目前为止尚未寻得适合的公司。

他认为，在未来3至4年，世纪通运控股业务依然以综合物流、石油物流及采购物流为主。

叶邱顺相信，在原油价格回稳的带动下，2017财政年的营业额及净利表现将书写比2016年更好的表现。

2016财政年，世纪通运控股净利下挫36.87%至2017万令吉，营业额则上扬0.81%至3亿零28万9000令吉。

文章来源：
星洲日报／财经·文：刘玉萍·2017.04.22

Posted by DarkNight > 2017-04-26 11:56 | Report Abuse

No mean after AGM couldn't get investor interest to further invest?

Posted by wisdomtot > 2017-04-27 21:59 | Report Abuse

be good.. tomorrow close at 1.20... ok...

Posted by sosfinance > 2017-04-28 14:18 | Report Abuse

Century with CJKE's just become a good company (new biz in e-commerce + expansion + going regional) + good people (together with CJKE's expertise) + good price (PE only one-fifth of GDex). At RM1.15, its not a gem, is a super gem. Time will tell.

Posted by wannabeinvestor > 2017-04-28 17:12 | Report Abuse

strong support @ 1.15

Posted by sosfinance > 2017-04-29 12:29 | Report Abuse

Don't underestimate the future e-commerce biz. CAGR next 4-5 years is about 15-20% p.a. Market size for e-Commerce 2016 is about RM1.1 billion (0.7% of total retail sale, Japan or Korea is about 20%)

Posted by DarkNight > 2017-05-02 21:23 | Report Abuse

Is time to move...........................................

Posted by sosfinance > 2017-05-03 14:48 | Report Abuse

CAGR for e-commerce is 15-20% CAGR for next couple of years (CEO of DHL). A couple of big players is coming in, as the pie is growing about RM200-400m over next few years. Big and experience companies has higher rate of success (although many is moving into this sector).

Look at GDex, PE of 112x, up almost RM2 billion in market cap in less than 6 months, and their last earnings is only about RM38m. Century, is getting into GDex's sector, that is growing at RM200-400m p.a. Century has all the expertise from CJKorea Express to succeed in this biz. Today's price, RM1.14 per share, you are only paying for the existing biz at mid-teen PE. The new biz is FOC.

Posted by WM Niaga > 2017-05-04 16:04 | Report Abuse

yes...i can smellllll.......the kuking!!

Posted by Galant > 2017-05-04 16:40 | Report Abuse

entered @ 1.15 for the mid to long term.

Posted by WM Niaga > 2017-05-04 16:43 | Report Abuse

TP bro?

Posted by wannabeinvestor > 2017-05-04 16:48 | Report Abuse

waiting for their parcel delivery opening ceremony and shoot up! hehe

Posted by Galant > 2017-05-04 17:19 | Report Abuse

I will assess quarter by quarter... but I would like to hold for at least 2 quarters unless there are better opportunities. Seems good for mid to long term.

Posted by wisdomtot > 2017-05-04 17:31 | Report Abuse

wisdomtot be good.. tomorrow close at 1.20... ok...
27/04/2017 21:59

1 week late and 1 cent short... but good enough for today

Posted by Dowjones > 2017-05-05 12:06 | Report Abuse

Got foreign investor in this company. CJ Korea. It is very well know big company in Korea. Non wonder price go up every week

Posted by Dowjones > 2017-05-05 12:21 | Report Abuse

http://mobapp-plain.klsescreener.com/v2/announcements/bursa_announcement?directUrl=http://disclosure.bursamalaysia.com/FileAccess/viewHtml?e=2711919

Posted by Dowjones > 2017-05-05 12:22 | Report Abuse

Investor entry price is rm1.45 per shares. How come so high?

Posted by Skliew > 2017-05-05 13:48 | Report Abuse

Taking control of the company, buying 31% stake from the owner who built up the business. Definitely this have to pay a premium. If not, why the owners were willing to let go?

Similarly, Tan Sri Desmond Lim bought 19% of WCT and took control of the company, had to fork out RM600+ millions @ RM2.50 per share when WCT was trading @RM1.75....:)

Posted by Skliew > 2017-05-05 13:50 | Report Abuse

The Koreans are the new controlling shareholders......It's not a pure investor. They are supposed to build up the business and here to stay with the company....:)

Posted by Skliew > 2017-05-05 13:52 | Report Abuse

This leg up likely to hit or surpass the TO price.....Hopefully! :) EW 5....

Posted by Peggy Method > 2017-05-05 14:10 | Report Abuse

Up up up.

Can read the info i posted in March.

http://politemarket.blogspot.my/2017/03/century-logistics-holdings-bhd.html

Posted by wannabeinvestor > 2017-05-05 15:29 | Report Abuse

how come suddenly all the buy Q gone..

Posted by Mohd Fahmi Bin Jaes > 2017-05-05 15:34 | Report Abuse

cencel

Posted by Skliew > 2017-05-05 18:04 | Report Abuse

Beginning of Elliott Wave 5..... Target around 1.50 :)

Buy/ Sales at your own risks...

Posted by sosfinance > 2017-05-06 08:05 | Report Abuse

Do you think Century will go into e-commerce? NO (without CJKE), according to the MD in the AGM. Why? Market is saturated & this biz need deep pocket. However, with CJKE brandname plus ties with Lazada & the support of e-commerce by government, MD said, Century stand a good chance.