Posted by WarrenColdeye > 2017-08-25 00:15 | Report Abuse

Yes. I have already boight in 2 batches. Good luck!

Posted by mjlee > 2017-08-27 22:29 | Report Abuse

I'm accumulating too

Posted by mjlee > 2017-08-27 22:29 | Report Abuse

waiting for qr release

Posted by mjlee > 2017-08-27 22:29 | Report Abuse

then topup again

Posted by tipumakan > 2017-08-28 21:40 | Report Abuse

Quarter out already. Profit drop 60% . No dividend

Posted by WarrenColdeye > 2017-08-28 21:49 | Report Abuse

Study the financial statement carefully. It is a good qtr result.

Posted by cooling > 2017-08-28 21:50 | Report Abuse

besok Holland mariiii

Posted by dnks88 > 2017-08-28 22:44 | Report Abuse

No dividend, hailat

Posted by shortinvestor77 > 2017-08-29 09:06 | Report Abuse

KUALA LUMPUR (Aug 28): Ranhill Holdings Bhd's net profit for its second quarter ended June 30, 2017 (2QFY17) plunged 61.57%, from RM37.77 million to RM14.51 million, on recognition of rationalisation and relocation costs.

Quarterly revenue came in at RM367.98 million, 3.06% higher than the RM357.04 million recorded for the corresponding quarter in the preceding year.

For the cumulative six months (1HFY17), Ranhill reported a 32.4% fall in its net profit to RM30.21 million from RM44.67 million a year ago, although quarterly revenue increased 2.58% to RM719.93 million from RM701.79 million in 1HFY16.

In a filing with Bursa Malaysia today, the company said the decrease in profit was mainly due to the RM6.1 million rationalisation and relocation cost recognised in the quarter, while a one-off recognition of negative goodwill of RM20.1 million recognised in 2Q 2016 made up the other variances.

The company added that the growth in its top line was due to increase in volume of water consumption coupled with an increase in customer base arising from new housing and industrial developments, lifting its environment business segment performance.

On prospects, the company said that its non-revenue water (NRW) division spearheaded by Ranhill Water Services has secured Johor Phase 5 NRW jobs in Johor, and is actively involved in negotiations of NRW works in other states in Malaysia.

Additionally, the company said that it is in the final phase of negotiation with regards to the 300MW Combined Cycle Power Plant in Sandakan, which will contribute additional revenue and profit to the group.

As for its international environment segment, the company said its joint venture with SIIC Environment Holdings Ltd is now properly poised to commence exploring new opportunities for industrial waste-water concession contracts and other potential water related works in China and other South East Asia countries under the One Belt One Road initiative.

Ranhill share price increased 0.5 sen today to close at 81.5 sen, for a market capitalisation of RM723.98 million.

Posted by Beza > 2017-08-29 09:16 | Report Abuse

14.51 mil net profit + 6.1 mil one off rationalisation and relocation cost = 20.61 mil net profit per quarter for Q2 17
compare qoq with
37.77 mil - one-off recognition of negative goodwill of RM20.1 million recognised in 2Q 2016 = 17.67 mil for Q2 16.

Posted by Beza > 2017-08-29 09:16 | Report Abuse

Ranhill is doing well. Just no dividend declared is a drawback.

Posted by shortinvestor77 > 2017-08-29 09:20 | Report Abuse

Further to the Company’s third announcement made on the 19th of May  2017, the Board of Ranhill Holdings Berhad wishes to inform that as at the date of this announcement, parties to the MOU have completed the review and testing of the Joint Billing System.  The Parties are presently awaiting the official approval for the Proposed Joint Billing Exercise from the State Government.

 

Unless otherwise stated, defined terms in this announcement shall carry the same meaning as defined in the previous announcements.

 

We will make the necessary announcement when there are material developments.

 

The announcement is dated 28th August 2017.

Posted by Beza > 2017-08-29 09:24 | Report Abuse

With this Joint Billing, Ranhill will get commission. That means its business is still growing. Also because its non-revenue water (NRW) division spearheaded by Ranhill Water Services has secured Johor Phase 5 NRW jobs in Johor AND continuation increase in volume of water consumption coupled with an increase in customer base arising from new housing and industrial developments

Posted by tipumakan > 2017-08-29 09:30 | Report Abuse

It appears that past dividend is not applicable for coming years. Assuming they will only declare two times dividend and 2sen for each time, DY is 5% only at share price 80 Sen. To make DY to 6% , share price need to be at 65 sen

Posted by WarrenColdeye > 2017-08-29 10:50 | Report Abuse

Just wait and see. They may declare dividend in a separate annoucement..

Posted by tipumakan > 2017-08-29 11:49 | Report Abuse

dividend for this quarter very unlikely to happen, i think. Their cash in hand only left 17 millions, which is equivalent to total amount of 2 sen dividend payout. Unless they free up some cash from the short term deposit in Bank.

Posted by WarrenColdeye > 2017-08-29 19:25 | Report Abuse

Yeah.. you are right..

Posted by invest_101 > 2017-09-01 10:24 | Report Abuse

I think Coldeye has a point as Ranhill has declared dividends under separate announcement before. Also total cash for payout is there and position as of now may differ from that at end Jun Q financials. Good luck.

Posted by Why_ > 2017-09-01 10:55 | Report Abuse

your mouth very smelly like your id ie tipu?

Posted by tipumakan > Aug 29, 2017 11:49 AM | Report Abuse
dividend for this quarter very unlikely to happen, i think. Their cash in hand only left 17 millions, which is equivalent to total amount of 2 sen dividend payout. Unless they free up some cash from the short term deposit in Bank.

Posted by shortinvestor77 > 2017-09-02 11:53 | Report Abuse

Dividend can declare next Q if not this Q. What to worry? As long as its business is progressing and improving.

Posted by Alex GunaSeelan > 2017-09-28 17:28 | Report Abuse

Look at the buy volume for 0.8; Damn. something's hidden. better buy keep hoard.

Posted by tipumakan > 2017-09-28 22:51 | Report Abuse

maybe is Tabung Haji. Hopefully the new subsidiary they bought can bring new power plant project. Otherwise nothing excited in near term, assuming 4 sen dividend for coming years

Posted by johorean8 > 2017-09-30 16:37 | Report Abuse

Dr M urges Johoreans to let inept Umno leaders 'be doomed'
Read more at https://www.malaysiakini.com/news/396815#cCradow0glJ6CGk7.99

Posted by tipumakan > 2017-10-02 11:52 | Report Abuse

Small acquisition

http://www.theedgemarkets.com/article/ranhill-acquires-267-stake-sabah-geothermal-power-plant-developer-rm187m?type=malaysia

Posted by Kimmy > 2017-10-03 00:05 | Report Abuse

Ranhill is like hidden gem, low PE, high dividend payout, and stable profit. The increase in development in Johor, the better for Ranhill. Hopefully the acquisition will be a plus to this counter. This hidden gem will be shining soon.

Posted by tipumakan > 2017-10-03 20:20 | Report Abuse

Well, PE is just at normal range. stable profit is true. Dividend yield most likely will be at 5% for the coming years at the current price until profit from new project kicks in. Hopefully HQ relocation could help them to save some millions. The two acquisitions recently are burning cash and not promising anything at this stage, it could drag yearssss to materialize the project. How they fund the project is another question, hopefully not asking money from shareholder.

Posted by firehawk > 2017-10-04 08:56 | Report Abuse

old man counter!

Posted by shortinvestor77 > 2017-10-04 20:44 | Report Abuse

Young men jump!

Posted by firehawk > 2017-10-05 17:00 | Report Abuse

Ha ha .. even breach 80sen ....

Posted by tipumakan > 2017-10-06 17:18 | Report Abuse

struggling to stand above 80sen....

Posted by tipumakan > 2017-10-20 21:09 | Report Abuse

Secured new project
http://www.theedgemarkets.com/article/ranhill-lands-20year-thailand-water-treatment-concession-worth-rm19mil?type=malaysia

Posted by shortinvestor77 > 2017-10-22 22:48 | Report Abuse

Good.

Posted by tipumakan > 2017-10-24 21:36 | Report Abuse

what the.. get new project but price drop

Posted by mjlee > 2017-10-25 07:42 | Report Abuse

buy

Posted by Hua Joshuaayoung > 2017-10-25 21:53 | Report Abuse

i baru pump 0.8... still lembik

Posted by mjlee > 2017-10-26 20:40 | Report Abuse

anyone buying?

Posted by mjlee > 2017-10-26 20:40 | Report Abuse

how come got good news also drop

Posted by icezai96 > 2017-10-26 23:13 | Report Abuse

Haven't get the money from the project?

Posted by mjlee > 2017-10-27 14:27 |

Post removed.Why?

Posted by shortinvestor77 > 2017-10-27 20:33 | Report Abuse

Non-revenue water

As the population expands, there is a crucial need to ensure a reliable and steady supply of treated water to households.

The government intends to implement the non-revenue water (NRW) programme with a cost of RM1.4bil to reduce the average loss of water.
Read more at http://www.thestar.com.my/business/business-news/2017/10/27/highlights-of-budget-2018-proposals/#S9PPiwEzr2PcV3ek.99

Posted by bluelight > 2017-10-29 13:20 | Report Abuse

Water and power business continues improving but share price keep dropping
Share price shall able support by dividend?

Posted by tipumakan > 2017-10-30 21:59 | Report Abuse

basically no drop anymore, price stagnant only

Posted by Hua Joshuaayoung > 2017-10-30 22:39 | Report Abuse

sleeping counter

Posted by bluelight > 2017-10-31 06:57 | Report Abuse

Continue generating cash
Hope dividend will announce soon

Posted by tipumakan > 2017-11-01 10:54 | Report Abuse

Not sleeping anymore, but go south

Posted by dnks88 > 2017-11-01 11:05 | Report Abuse

Anything that LTH touches will die

Posted by mjlee > 2017-11-01 17:37 |

Post removed.Why?

Posted by mjlee > 2017-11-01 17:37 |

Post removed.Why?

Posted by tipumakan > 2017-11-01 18:06 | Report Abuse

52 week low.... after get project.. what logic is this

Posted by mjlee > 2017-11-01 20:10 | Report Abuse

is it indication of bad qr