tag:blogger.com,1999:blog-250589152024-03-29T18:52:21.576+08:00Sharetisfy歌词Unknownnoreply@blogger.comBlogger17125tag:blogger.com,1999:blog-25058915.post-28671781211568787362022-09-01T20:58:00.002+08:002022-09-01T20:58:17.848+08:00马赛地主要代理商合发吉星(CCB,2925,主板消费产品服务组)5日下市<p>马赛地主要代理商合发吉星(CCB,2925,主板消费产品服务组)5日下市<br /><br />(吉隆坡31日讯)合发吉星(CCB,2925,主板消费产品服务组)从9月5日(星期一)起,早上9时开始下市。<br /><br />联昌投行代发文告说,大股东怡和合发(JCCL)以每股2令吉70仙收购未持有剩余股权的献议于当天下午5时截止,已持有合发吉星的约90%股权;这是献购者第三度欲全购,早前分别出价2令吉20仙及2令吉40仙,最后提高至第三次的2令吉70仙。<br /><br />JCCL已经表示不打算保留合发吉星上市地位。<br /><br />合发吉星1977年上市大马,是马赛地车的主要经销商。<br /><br />https://www.sinchew.com.my/20220901/%E5%90%88%E5%8F%91%E5%90%89%E6%98%9F5%E6%97%A5%E4%B8%8B/<br /></p>Adminhttp://www.blogger.com/profile/16609839271303069034noreply@blogger.comtag:blogger.com,1999:blog-25058915.post-90618602510628468542021-03-18T21:27:00.007+08:002021-03-18T21:27:43.043+08:00CCB (2925) CYCLE & CARRIAGE BINTANG BHD share price hits limit up on privatisation bid<p><span></span></p><a name='more'></a> <br />CCB (2925) CYCLE & CARRIAGE BINTANG BHD share price hits limit up on privatisation bid<br /><br />KUALA LUMPUR (March 18): Shares in Cycle & Carriage Bintang Bhd (CCB) hit limit up in morning trade today after its share price jumped 29.76% or 50 sen to RM2.18 following the decision of its largest shareholder to privatise the country’s biggest Mercedes-Benz dealer.<br /><br />At RM2.18, the group had a market capitalisation of RM169.25 million. It had seen some 138,800 shares change hands. The stock had climbed 24.57% year-to-date (YTD).<br /><br />CCB was the second top gainer on Bursa as at the time of writing today.<br /><br />Yesterday, the group told Bursa that its largest shareholder Jardine Cycle & Carriage Ltd (Jardine CCL) had made a fresh bid to privatise Mercedes-Benz at RM2.40 per share.<br /><br />Jardine CCL owns a 59.1% stake, representing 59.54 million shares in CCB. <br /><br />On Nov 11, 2019, Jardine CCL offered to buy out minority shareholders of the company via a proposed selective capital reduction and repayment exercise for RM2.20 per share.<br /><br />However, last year, Jardine CCL failed in its bid to privatise the company after 13.18% of disinterested shares voted against the selective capital reduction, higher than the 10% allowable threshold.<br /><br />The unconditional voluntary takeover offer, which will be satisfied via cash, is at a premium of six sen or 2.56% to CCB’s net traded assets of RM2.34 per share.<br /><br />http://www.theedgemarkets.com/article/cycle-carriage-share-price-hits-limit-privatisation-bid<br /><br /><p></p>Adminhttp://www.blogger.com/profile/16609839271303069034noreply@blogger.comtag:blogger.com,1999:blog-25058915.post-68124126132129830692021-03-18T20:54:00.002+08:002021-03-18T20:54:08.846+08:00大股東每股2.40令吉全購合发吉星(CCB,2925,主板消费产品服务组)<p> <span></span></p><a name='more'></a><br />大股東每股2.40令吉全購<span><span>合发吉星(CCB,2925,主板消费产品服务组)<br /></span><br />(吉隆坡17日讯)合发吉星(CCB,2925,主板消费产品服务组)宣布,接获大股东——怡和合发吉星有限公司(JCCL)的无条件自愿全购献议,以每股2令吉40仙现金,收购其余尚未持有的股份。<br /><br />文告指出,上述献购价将是最后出价,将不会调整此献购价。<br /><br />截至2021年3月12日为止,该公司的股本为1亿零74万5400股股票,怡和合发吉星有限公司持有其中的5954万3000股的股票,或占公司的59.1%股权。<br /><br />今日收市时,该公司的股价没有起落,报1令吉68仙,全天仅有5500股易手。若与献购价2令吉40仙比较,它的献购溢价为72仙或是42.85%。<br />无意保留上市地位<br /><br />文告指出,献购者怡和合发吉星有限公司无意保留合发吉星的上市地位。<br /><br />该公司将会讨论有关的全购献议,并将会在较后时委任一家独立咨询顾问,以为公司董事部(除了拥有利益的董事)及股东为此献购建议提供咨询。<br /><br />https://www.sinchew.com.my/content/content_2444509.html<br /></span><p></p>Adminhttp://www.blogger.com/profile/16609839271303069034noreply@blogger.comtag:blogger.com,1999:blog-25058915.post-51073400063640553462019-07-03T10:20:00.002+08:002019-07-03T10:20:27.385+08:006 things I learned from the 2019 Jardine Cycle & Carriage AGM - Victor Chng<br />
<a name='more'></a><br /><br />By Victor Chng on July 3, 2019<br /><br /><br /><br />Most investors in Singapore should be familiar with Jardine Cycle & Carriage and the other Jardine-related companies. When I chat with investors about the Jardine group of companies, many of them will say they are well-managed and shareholder friendly.<br /><br />The last Jardine C&C annual general meeting I attended was in 2017. At the last AGM, I left with a good impression of the management team and at how well-mannered the meeting was conducted. This year, I decided to attend the Jardine C&C AGM again to learn new updates and insights about the company.<br /><br />Here are six things I learned from the 2019 Jardine Cycle & Carriage AGM:<br /><br />1. A shareholder asked about the company’s automotive business in Myanmar which made an underlying loss of US$4.9 million in 2018. Managing director Alexander Newbigging explained that Myanmar only started opening up to the outside world in 2011/12. Before that, the new car market in Myanmar was literally non-existent as no new cars were directly sold in the country. Cars were either secondhand or imported, and the automotive market was largely unstructured. As the country opened up, more structures were set in place to recognise official dealers and original equipment manufacturers. Jardine C&C has managed to secure the distributor rights for Mercedes-Benz and Mazda for Myanmar. The volume is still small in the country, but the business is close to being cash flow positive. The management views Myanmar as a good long-term prospect and the market needs time to grow.<br /><br />2. In December 2018, subsidiary Cycle & Carriage Bintang announced that it would sell its 49% stake in Mercedes-Benz Malaysia back to Daimler AG for RM66 million. Newbigging said that the call option exercised by Daimler AG has been there for many years. Despite its stake, C&C Bintang did not have any voting rights or management influence in Mercedes-Benz Malaysia; it was just entitled to a fixed annual dividend of RM11.2 million. Newbigging assured shareholders that at the dealership level, there would be no changes in leadership and business is as usual.<br /><br />3. Jardine C&C subsidiary Astra’s automotive market share in Indonesia declined from 54% to 51% due to the entry of a new competitor. The competitor launched new products in 2018, particularly in the SUV segment, while Astra did not. The management explained that this was due to product life cycles common across the automotive industry, and Astra’s new product life cycle was launched in January 2019. The management feels that a 51% market share is still a very healthy level for the company.<br /><br />4. A shareholder asked about the rationale behind the company investing a 25.5% stake in Siam City Cement Public Company (SCCC). The management said that cement and building materials is a relevant industry as Thailand develops and becomes more urbanised. SCCC has a 28% market share in Thailand and will benefit as more infrastructure is built in the country. The management also sees that SCCC as a well-managed company and Jardine C&C can help to regionalise SCCC’s business. Although SCCC’s profit has been depressed the past few years due to a weak Thai cement industry, the management is starting to see some green shoots of recovery.<br /><br />5. Another shareholder asked about the oversupply issue in the cement industry in Thailand. The management explained that Thailand has always had more cement supply than demand over the last 20 years and the excess supply is exported to foreign markets.<br /><br />6. Jardine C&C currently holds a 10.6% stake in Vinamilk and intends to acquire more. The management said that they normally target to acquire a minimum 20% interest in companies which are strategic investments for Jardine C&C.<br /><br /><br /><br />https://fifthperson.com/2019-jardine-cycle-carriage-agm/<br /><br />Unknownnoreply@blogger.comtag:blogger.com,1999:blog-25058915.post-91909543678333252792019-05-15T08:41:00.000+08:002019-05-15T08:41:32.434+08:00[CYCLE & CARRIAGE BINTANG BHD:预计今年剩余时间市场将继续面临挑战] - James的股票投资James Share Investing<br />
<a name='more'></a> [CYCLE & CARRIAGE BINTANG BHD:预计今年剩余时间市场将继续面临挑战]<br /><br />合发吉星的第一季度业绩受到挑战性交易条件的负面影响,这减少了交易量和利润率。合发吉星2019年首三个月的收入较2018同期的2.932亿令吉低25%。在市场低迷的情况下,单位销售额下降了30%,同时销售组合从E级转向低价C级,GLC级和A级车型。<br /><br />梅赛德斯 - 奔驰业务录得净亏损440万令吉,而2018年同期净亏损为320万令吉。这是由于单位销售及利润减少,随着集团继续投资其网络运营导致营运开支及融资成本增加。由于营运资金需求增加,合发吉星的净债务从2018年底的2.358亿令吉略微增加至2019年3月底的2.461亿令吉。<br /><br />前景:<br />预计今年剩余时间市场将继续面临挑战,尽管新款A级轿车的推出可能会产生一些积极影响。<br />-------------------------------------------------------------------<br />James Ng Stock Pick Performance:<br />Since Recommended Return:<br /><br />a) FRONTKN (FRONTKEN CORP BHD), recommended on 12 Aug 18, initial price was RM0.715, rose to RM1.41 (dividend RM0.015) in 8 months 26 days, total return is 99.3%<br /><br />b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.39 in 4 months 22 day, total return is 73.8%<br /><br />c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.34 in 10 months 9 days, total return is 68.6%<br /><br />d) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.78 in 3 months 18 days, total return is 35.7%<br /><br />e) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.27 in 4 months 16 days, total return is 31.6%<br /><br />f) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.34 (dividend RM0.0825) in 6 months 24 day, total return is 28.2%<br /><br />g) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM1.04 in 4 months 10 days, total return is 22.4%<br /><br />h) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.70 (dividends RM0.03) in 7 months 10 days, total return is 21%<br /><br />i) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.40 (dividend RM0.035) in 5 months 20 day, total return is 13%<br /><br />j) HSL (HOCK SENG LEE BHD), recommended on 1 Jul 18, initial price was RM1.40, rose to RM1.45 (dividend RM0.01) in 10 months 9 days, total return is 4.3%<br /><br />我希望将我的策略分享给读者,希望他们在阅读后能够表现出色。我正在使用基本面分析(Fundamental Analysis):<br /><br />预计公司每年的增长率必须> 14%<br /><br />我想说服读者学习基本面分析FA以便能从股市赚钱。<br /><br />我为想从马来西亚股票市场赚钱的读者提供STOCK PICK服务。想订阅我的邮件以从股票市场获取良好回报的人,可以通过 jamesngshare@gmail.com 或我的FB页面 https://web.facebook.com/jamesshareinvest/ 与我联系<br /><br />1)【股票-实际操作班】课程:<br />10a.m. – 9p.m.,免费午餐和晚餐<br /><br />5月25日星期六:Hotel Sri Petaling, KL<br /><br />6月15日星期六:Silka Johor Bahru Hotel, Johor Bahru<br /><br />6月23日星期日:AG Hotel Penang, George Town<br /><br />2)【看懂年报和季报】课程:<br />11a.m. – 7p.m.,免费茶和咖啡<br /><br />5月26日星期日:Hotel Sri Petaling, KL 3份点心<br /><br />7月27日星期六:Silka Johor Bahru Hotel, Johor Bahru 5份点心<br /><br />8月11日星期日:AG Hotel Penang, George Town 4份点心<br /><br />3) 【公司业绩分享会】:<br />2p.m. – 7p.m.,免费茶和咖啡<br /><br />6月9日星期日:Hotel Sri Petaling, KL 3份点心<br /><br />6月16日星期日:Silka Johor Bahru Hotel, Johor Bahru 5份点心<br /><br />6月22日星期六:AG Hotel Penang, George Town 4份点心<br /><br />有兴趣的朋友,可以电邮或PM FB page联络我<br />email:jamesngshare@gmail.com<br />电话/Whatsapp : 011 - 15852043<br /><br />为了方便大家查询我写过的公司和选股文章以及视频,制作了索引。大家只要依照日期,就能从这 <br />https://web.facebook.com/jamesshareinvest/posts/2254929048107170 找到公司和选股文章以及视频。<br /><br />James的股票投资James Share Investing Blog: https://klse.i3investor.com/blogs/general/<br /><br />James的股票投资James Share Investing Blog Index: https://klse.i3investor.com/blogs/general/blidx.jsp<br /><br />Facebook Group: https://www.facebook.com/groups/jamesinvesting<br /><br />这个是我的TELEGRAM Group链接,大家可以在这个Group获知何时做Fb live: https://t.me/joinchat/LhwHNhdU1fDgxrSafTrTiw<br /><br />请大家来Follow James的Instagram,获取最新的资讯: https://www.instagram.com/p/BxY2eNQgUwB<br /><br />这个分享纯属讨论以及领域的分析,买或卖自负。请Like和Share这个post。最终决定永远是你的,谢谢。<br /><br />James Ng<br />----------------------------------------------<br />[CYCLE & CARRIAGE BINTANG BHD: Markets are expected to remain challenging for the rest of the year]<br /><br />The Group’s first quarter performance was negatively impacted by challenging trading conditions, which reduced both volumes and margins. The Group’s revenue for the first three months of 2019 was 25% lower than the same period in 2018 at RM293.2 million. Unit sales decreased by 30% along side a decrease in margins in a sluggish market, with the sales mix shifting from E-Class to lower-priced C, GLC and A-Class models.<br /><br />A net loss of RM4.4 million was recorded by the Mercedes-Benz operations, compared to a net loss of RM3.2 million in the same period in 2018. This was due to lower unit sales and margins, higher operating expenses and financing costs as the Group continued to invest in its network operations. The Group’s net debt increased marginally from RM235.8 million at the end of 2018 to RM246.1 million at the end of March 2019, as a result of higher working capital requirements.<br /><br />Prospects:<br />Markets are expected to remain challenging for the rest of the year, although there may be some positive impact from the launch of the new A-Class Sedan.<br />--------------------------------------------------------------------------<br />James Ng Stock Pick Performance:<br />Since Recommended Return:<br /><br />a) FRONTKN (FRONTKEN CORP BHD), recommended on 12 Aug 18, initial price was RM0.715, rose to RM1.41 (dividend RM0.015) in 8 months 26 days, total return is 99.3%<br /><br />b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.39 in 4 months 22 day, total return is 73.8%<br /><br />c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.34 in 10 months 9 days, total return is 68.6%<br /><br />d) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.78 in 3 months 18 days, total return is 35.7%<br /><br />e) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.27 in 4 months 16 days, total return is 31.6%<br /><br />f) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.34 (dividend RM0.0825) in 6 months 24 day, total return is 28.2%<br /><br />g) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM1.04 in 4 months 10 days, total return is 22.4%<br /><br />h) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.70 (dividends RM0.03) in 7 months 10 days, total return is 21%<br /><br />i) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.40 (dividend RM0.035) in 5 months 20 day, total return is 13%<br /><br />j) HSL (HOCK SENG LEE BHD), recommended on 1 Jul 18, initial price was RM1.40, rose to RM1.45 (dividend RM0.01) in 10 months 9 days, total return is 4.3%<br /><br />I wish to share my strategy to readers, hope that they can perform well after reading this. I am using Fundamental Analysis:<br /><br />the forecasted growth of a company must > 14% per year<br /><br />I wish to convince readers to learn FA in order to make money from stock market.<br /><br />I am providing STOCK PICK SERVICE for readers who want to make money from Malaysian stock market. Those who want to subscribe to my mailing list to achieve a good return from stock market, you can contact me at jamesngshare@gmail.com or PM me in my FB page https://web.facebook.com/jamesshareinvest/<br /><br />In order to facilitate the query of the company and stock picking articles and videos I have written, an index has been produced. Everyone can find company and stock picking articles and videos from https://web.facebook.com/jamesshareinvest/posts/2254929048107170 by date.<br /><br />James的股票投资James Share Investing Blog: https://klse.i3investor.com/blogs/general/<br /><br />James的股票投资James Share Investing Blog Index: https://klse.i3investor.com/blogs/general/blidx.jsp<br /><br />Facebook Group: https://www.facebook.com/groups/jamesinvesting<br /><br />This sharing is purely a discussion and analysis of the sector, buying or selling at your own risk. Please Like and Share this post. Final decision is always yours, thank you.<br /><br />James Ng<br /><br />https://klse.i3investor.com/blogs/general/206146.jsp<br />Unknownnoreply@blogger.comtag:blogger.com,1999:blog-25058915.post-53898116353611896722018-08-17T19:36:00.001+08:002018-08-17T19:36:40.449+08:00CCB (2925) 合发吉星 - [CYCLE & CARRIAGE BINTANG BERHAD,销售业务有所改善] - James的股票投资James Share Investing<br />
<a name='more'></a> [CYCLE & CARRIAGE BINTANG BERHAD,销售业务有所改善]<br /><br />-车辆销量增长17%<br />-由保险赔偿支持,净利润增长65%<br />-GST积极影响从6月1日开始<br /><br />这集团受益于交易条件改善及业务改善策略的早期影响,并受到保险赔偿及MBM股息收入的支持。集团前六个月的收入增长11%至7.844亿令吉,而单位销售额增长17%。<br /><br />Mercedes-Benz贸易业务录得净利润410万令吉,而去年则录得亏损190万令吉,原因是2017年末槟城市因洪水造成的损失导致保险赔偿金达980万令吉和较高的单位销售量。在集团投资Mercedes-Benz马来西亚的股息收入为1,120万令吉,整体净利润为1,530万令吉,较去年增加65%。截至6月底,这集团的净债务为1.848亿令吉,而2017年底的净负债为2.163亿令吉,主要是由于营运资金需求减少。<br /><br />前景:<br />虽然销售业务有所改善,但今年剩余时间的前景仍然充满挑战,利润受到压力和9月份实施销售和服务税导致的不确定性。<br />----------------------------------------<br />James Ng Stock Pick Performance:<br />Since Recommended Return:<br /><br />1) Gtronic (GLOBETRONICS TECHNOLOGY BHD), recommended on 8 Jul 18, initial price was RM2.17, rose to RM2.76 in 1 month 8 days, total return is 27.2%<br /><br />2) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM0.905 in 1 month 15 days, total return is 13.8%<br /><br />我希望将我的策略分享给读者,希望他们在阅读后能够表现出色。我正在使用基本面分析(Fundamental Analysis):<br /><br />预计公司每年的增长率必须> 14%<br /><br />我想说服读者学习基本面分析FA以便能从股市赚钱。<br /><br />我为想从马来西亚股票市场赚钱的读者提供STOCK PICK服务。想订阅我的邮件以从股票市场获取良好回报的人,可以通过 jamesngshare@gmail.com 或我的FB页面 https://web.facebook.com/jamesshareinvest/ 与我联系<br /><br />最终决定永远是你的,谢谢。<br /><br />James Ng<br />---------------------<br />[CYCLE & CARRIAGE BINTANG BERHAD, sales operations have improved]<br /><br />-Vehicle unit sales up 17%<br />-Net profit up 65%, supported by insurance compensation<br />-GST positive impact starts from 1st June<br /><br />The Group benefited from improved trading conditions and the early impact of the Group’s business-improvement strategy, supported by insurance compensation and MBM dividend income. The Group’s revenue in the first six months increased by 11% to RM784.4 million, while unit sales were 17% higher.<br /><br />Net profit of RM4.1 million was recorded by Mercedes-Benz trading operations, compared to a loss of RM1.9 million in the previous year, due to higher unit sales and insurance compensation of RM9.8 million for damages suffered from flood in Penang in late 2017. The overall net profit of RM15.3 million was 65% higher than prior year, after accounting for dividend income of RM11.2 million from the Group’s investment in Mercedes-Benz Malaysia. The Group had net debt of RM184.8 million at the end of June, compared to RM216.3 million at the end of 2017, mainly due to lower working capital requirements.<br /><br />Prospects:<br />Whilst sales operations have improved, the outlook for the rest of the year remains challenging, with margins under pressure and uncertainties arising from the implementation of the Sales and Service Tax in September.<br />----------------------------------------<br />James Ng Stock Pick Performance:<br />Since Recommended Return:<br /><br />1) Gtronic (GLOBETRONICS TECHNOLOGY BHD), recommended on 8 Jul 18, initial price was RM2.17, rose to RM2.76 in 1 month 8 days, total return is 27.2%<br /><br />2) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM0.905 in 1 month 15 days, total return is 13.8%<br /><br /><br />
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<br />I wish to share my strategy to readers, hope that they can perform well after reading this. I am using Fundamental Analysis:<br /><br />the forecasted growth of a company must > 14% per year<br /><br />I wish to convince readers to learn FA in order to make money from stock market.<br /><br />I am providing STOCK PICK SERVICE for readers who want to make money from Malaysian stock market. Those who want to subscribe to my mailing list to achieve a good return from stock market, you can contact me at jamesngshare@gmail.com or PM me in my FB page https://web.facebook.com/jamesshareinvest/<br /><br />Final decision is always yours, thank you.<br /><br />James Ng<br /><br />http://klse.i3investor.com/blogs/general/169970.jspUnknownnoreply@blogger.comtag:blogger.com,1999:blog-25058915.post-14482981355741717792018-07-24T08:19:00.000+08:002018-07-24T08:19:12.332+08:00CCB (2925) 合发吉星 - 保险金股息贡献 合发吉星第二季多赚一倍至1800万令吉<br />
<a name='more'></a><br />保险金股息贡献 合发吉星第二季多赚一倍至1800万令吉<br />23/07/2018 <br /><br />马赛地豪华车商─合发吉星(CCB 2925)连亏三季後,终於在截至今年六月卅日第二季,交出赚钱业绩,净利按年增长一倍,由去年的896万令吉增至1800万令吉。<br /><br />无论如何,合发吉星的盈利,其中有1200万令吉来自保险赔偿金,另有1120万令吉来自马来西亚马赛地有限公司的股息。<br /><br />换句话说,合发吉星卖车仍没有盈利,显见大马豪华汽车市场仍未复苏。<br /><br />
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhQpggAWJTV4LUhnH9gdHhR3rHHQ7RjE2ON1GSkhil0MO3nSCtqPSCedozjvFoxEGYrbCAcYcWR2kOZh9tbP1wPnCYbbZYLb7tVc7dAODG0x_fbJ_TapJtdfWCY2V0LpMzHFR7VWw/s1600/4banner300xh.gif" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="170" data-original-width="300" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhQpggAWJTV4LUhnH9gdHhR3rHHQ7RjE2ON1GSkhil0MO3nSCtqPSCedozjvFoxEGYrbCAcYcWR2kOZh9tbP1wPnCYbbZYLb7tVc7dAODG0x_fbJ_TapJtdfWCY2V0LpMzHFR7VWw/s1600/4banner300xh.gif" style="display: inline;" /></a></div>
<br />合发吉星发表文告指出,截至今年6月30日止季度,每股盈利弹升至17.86仙,上财年同期为8.89仙。<br /><br />季度营业额年涨11.4%至3亿9581万令吉,上财年同期报3亿5543万令吉。<br /><br />该集团指出,尽管营业额上涨,但赚幅持续面对挑战,因豪华汽车业务的竞争剧烈。<br /><br />累积现财年首两季,该集团净赚1531万令吉或每股15.2仙,比上财年同期的927万令吉或每股9.2仙,按年剧增65.1%。<br /><br />营业额则从7亿816万令吉,按年上扬10.8%,至7亿8439万令吉。<br /><br />合发吉星今日股价持平报RM1.90,该股没有任何成交。<br /><br />https://9shares.my/%E4%BF%9D%E9%99%A9%E9%87%91%E8%82%A1%E6%81%AF%E8%B4%A1%E7%8C%AE-%E5%90%88%E5%8F%91%E5%90%89%E6%98%9F%E7%AC%AC%E4%BA%8C%E5%AD%A3%E5%A4%9A%E8%B5%9A%E4%B8%80%E5%80%8D%E8%87%B31800%E4%B8%87%E4%BB%A4/Unknownnoreply@blogger.comtag:blogger.com,1999:blog-25058915.post-7906600803810756692016-10-27T18:59:00.003+08:002016-10-27T18:59:41.721+08:00CCB (2925) - Cycle & Carriage Bintang: The Return of the Luxury Car <br />
<a name='more'></a>CCB (2925) - Cycle & Carriage Bintang: The Return of the Luxury Car <br /><br />
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhTESLlwJAG4ptkXHzahCKxQN56wkjy_rvahbqH7nJwCFcIPOksDzLTyBMc776lq1i1y3GOB-MQ5_WTUV6WT1kVMIaY2zCOuvsR0UNBxj20ynTwRrgJfWU3r6G6fIHqDWt9nSXH/s1600/logo.png" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="176" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhTESLlwJAG4ptkXHzahCKxQN56wkjy_rvahbqH7nJwCFcIPOksDzLTyBMc776lq1i1y3GOB-MQ5_WTUV6WT1kVMIaY2zCOuvsR0UNBxj20ynTwRrgJfWU3r6G6fIHqDWt9nSXH/s640/logo.png" width="640" /></a></div>
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<h1 class="pageIitle" style="background-color: white; font-family: Arial, Helvetica, sans-serif; font-size: 22px; line-height: 25px; margin: 0px 0px 20px; padding: 0px; text-rendering: optimizeLegibility;">
Corporate Profile</h1>
<h2 style="color: black; font-size: 16px; line-height: 23px; margin: 5px 0px 0px; padding: 0px; text-rendering: optimizeLegibility;">
</h2>
<div style="margin-bottom: 12px; text-align: justify;">
Cycle & Carriage Bintang, a member of the Jardine Cycle &
Carriage Group, is listed on Bursa Malaysia. It is the largest dealer of
Mercedes-Benz motor vehicles in Malaysia, providing high quality retail
and after-sales service.</div>
<div style="margin-bottom: 12px; text-align: justify;">
<a href="http://www.jcclgroup.com/" style="color: #0b5da5; cursor: pointer; text-decoration: none;" target="_blank">Jardine Cycle & Carriage ("JC&C") </a>is a leading Singapore-listed company and a member of the <a href="http://www.jardines.com/" style="color: #0b5da5; cursor: pointer; text-decoration: none;" target="_blank">Jardine Matheson Group</a>.
JC&C has an interest of just over 50% in Astra International,
a premier listed Indonesian conglomerate. JC&C's Direct Motor
Interests operate in Singapore, Malaysia and Myanmar under the Cycle
& Carriage banner, and through Tunas Ridean in Indonesia and Truong
Hai Auto Corporation in Vietnam. JC&C's Other Interests comprise
interests in market leading businesses in the region through which
JC&C gains exposure to key economies by supporting such businesses
in their long term development. Together with its subsidiaries and
associates, JC&C employs some 245,000 people across Indonesia,
Vietnam, Singapore, Thailand, Malaysia and Myanmar.</div>
<div style="margin-bottom: 12px; text-align: justify;">
<b><u>Company's 5 years P&L</u></b></div>
<div style="margin-bottom: 12px; text-align: justify;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgJlEeyTnGrP2BRo74fnBkDFDJAPIRNoEjS9jkgTNhjy6febjTFSjO9qRVukMemqhFA3FybvuoVp-rYsFivGdxgDB8AF7iLniMR6YGinqGU8ZEROx3VHxd4hNbXdF0ZnE6GemZa/s1600/5+years+P%2526L.png" style="margin-left: 1em; margin-right: 1em; text-align: center;"><img border="0" height="270" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgJlEeyTnGrP2BRo74fnBkDFDJAPIRNoEjS9jkgTNhjy6febjTFSjO9qRVukMemqhFA3FybvuoVp-rYsFivGdxgDB8AF7iLniMR6YGinqGU8ZEROx3VHxd4hNbXdF0ZnE6GemZa/s640/5+years+P%2526L.png" width="640" /></a></div>
<div style="margin-bottom: 12px; text-align: justify;">
In year 2015, Company earning has increase 500% from Rm 10mil earning in
2014 to Rm 52mil, earning per share increase from 10.26sen to 51.74sen.</div>
<div style="margin-bottom: 12px; text-align: justify;">
</div>
<div style="margin-bottom: 12px; text-align: justify;">
<b><u>For FY2016,</u></b></div>
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgzp_VuHgV3j7MtzGvTRIDfWtxbC8dfha74RCO78FNsVZSbJiUOul_9tqtQU_7zsesvCmnumVLjR5U6zQmQ0bXGJXe7lzbf0XQglrRA6po1-We8ojmMD1tXv9HZ7QL1ANaOoe7q/s1600/quarterly+earning.png" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="266" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgzp_VuHgV3j7MtzGvTRIDfWtxbC8dfha74RCO78FNsVZSbJiUOul_9tqtQU_7zsesvCmnumVLjR5U6zQmQ0bXGJXe7lzbf0XQglrRA6po1-We8ojmMD1tXv9HZ7QL1ANaOoe7q/s640/quarterly+earning.png" width="640" /></a></div>
<div style="margin-bottom: 12px; text-align: justify;">
</div>
<div style="margin-bottom: 12px; text-align: justify;">
For the first half of 2016, company has achieve revenue of Rm 737.8mil
and with net profit of Rm29.1mil. The company will announce their Q3
2016 earning in October and below are the latest sales that has announce
on TheStar on 06 October 2016,</div>
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgH_s_1ZWDDl7di794ZRbDgfiEbbMnzto-NgINmBkSuaIchoIjDdtBx7w05SaLoH2eKHTwnjNw38ib61om5EFGYZgfqqJ9LwUzVq4ecVJIlY1nX4puwkIzegn4BpVV5oQocZ7E_/s1600/latest+sales.png" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="482" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgH_s_1ZWDDl7di794ZRbDgfiEbbMnzto-NgINmBkSuaIchoIjDdtBx7w05SaLoH2eKHTwnjNw38ib61om5EFGYZgfqqJ9LwUzVq4ecVJIlY1nX4puwkIzegn4BpVV5oQocZ7E_/s640/latest+sales.png" width="640" /></a></div>
<div style="margin-bottom: 12px; text-align: justify;">
</div>
<div style="margin-bottom: 12px; text-align: justify;">
In the above, the sales figure has already surpassed last year's total
sales by 10%, and below is the 2015 earning up til September 2015</div>
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjRcFZskonl14tWmfyBuHzdgNmNLILVBi0LXy2xtqlYGmpLb_m6oSf8Rz9_7ZeXey-6CCUEcsWkz5EudtxhuV76YiD7qYn9dRuH2k-g0B9SHGUvPODMkNuXUeXvQ7o-40TC61P1/s1600/3+Q+earning.png" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="272" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjRcFZskonl14tWmfyBuHzdgNmNLILVBi0LXy2xtqlYGmpLb_m6oSf8Rz9_7ZeXey-6CCUEcsWkz5EudtxhuV76YiD7qYn9dRuH2k-g0B9SHGUvPODMkNuXUeXvQ7o-40TC61P1/s640/3+Q+earning.png" width="640" /></a></div>
<div style="margin-bottom: 12px; text-align: justify;">
</div>
<div style="margin-bottom: 12px; text-align: justify;">
Up til 30 Sep 2015, total revenue is Rm 1.19 bil and with total earning
Rm 41.9mil which is equal to earning per shares 41.62sen. With the total
sales in 2016, with the surpassed by 10%, i believe in coming quarter
the revenue can hit Rm 500 mil, and this will also lead up by better
earning in this quarter compare to last year same quarter.</div>
<div style="margin-bottom: 12px; text-align: justify;">
</div>
<div style="margin-bottom: 12px; text-align: justify;">
<b>The company also confident with their sales for FY2016,</b></div>
<div style="margin-bottom: 12px; text-align: justify;">
<span style="color: #444444; font-family: "roboto" , "arial" , "helvetiva" , "tahoma" , sans-serif; font-size: 16px;">“We’re
confident of exceeding last year’s figures. Despite a tough market, we
feel that we have the right measures in place,” he told reporters on the
sidelines following the launch of the company’s Mercedes-Benz C350e
yesterday. (06 October).</span></div>
<div style="margin-bottom: 12px; text-align: justify;">
<b><u>Dividend History</u></b></div>
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhJeOXAfqSE5dmxF4FCIPGFTuFVLbCHzxWrBozkPra_m6eUvoUP4YpuKPIFg1g6BcdLm4I-qPHSx8q03TFJMMUlSPPaFMQsiBVBQC6D92-uvfc0TmIptFuVtd9E28wJEDvrwrb2/s1600/dividend.png" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="344" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhJeOXAfqSE5dmxF4FCIPGFTuFVLbCHzxWrBozkPra_m6eUvoUP4YpuKPIFg1g6BcdLm4I-qPHSx8q03TFJMMUlSPPaFMQsiBVBQC6D92-uvfc0TmIptFuVtd9E28wJEDvrwrb2/s640/dividend.png" width="640" /></a></div>
<div style="margin-bottom: 12px; text-align: justify;">
CCB paying very high dividend in Year 2006 with special dividend of Rm
2.03 per share, Year 2008 Rm 1.35 per share and Year 2009 Rm 1.20 per
share, and after that the dividend has been reduce to 10sen and 5 sen in
the coming years and no dividend payout for year 2013 and 2014 due to
lower earning.</div>
<div style="margin-bottom: 12px; text-align: justify;">
</div>
<div style="margin-bottom: 12px; text-align: justify;">
<b><u>Chart,</u></b></div>
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjKLN1ST_wYWu5QX9qHUl2gpQfJO_P9SmzK05TLgg8Fu9rVvIPClyDqrk5OTGDseSghr-L0tIA_xx_R6bKAIwn_-dckxub9FztPOhdh-1MF2ir5ICr8GSijCZFtlpTmwTrhSb4k/s1600/chart.png" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="324" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjKLN1ST_wYWu5QX9qHUl2gpQfJO_P9SmzK05TLgg8Fu9rVvIPClyDqrk5OTGDseSghr-L0tIA_xx_R6bKAIwn_-dckxub9FztPOhdh-1MF2ir5ICr8GSijCZFtlpTmwTrhSb4k/s640/chart.png" width="640" /></a></div>
<div style="margin-bottom: 12px; text-align: justify;">
</div>
<div style="margin-bottom: 12px; text-align: justify;">
The company share price has trading sideway between Rm 3.10 to Rm 3.50
for few months and strong support at Rm 3.00 level. The share price also
stay above MA 20 since last year, i believe is a good time to collect
before the coming quarterly report.</div>
<div style="margin-bottom: 12px; text-align: justify;">
With the confident target sales for FY2016 will better than 2015, i
believe company earning can maintain at Rm 52mil or equal to earning per
share 51.74sen. With the better performance, i also believe company
will given better dividend in coming year to reward their shareholders.</div>
<div style="margin-bottom: 12px; text-align: justify;">
</div>
<div style="margin-bottom: 12px; text-align: justify;">
My Long term <b>Target Price:</b> Rm5.20 (PE 10 on 2015 earning)</div>
<div style="margin-bottom: 12px; text-align: justify;">
</div>
<div style="margin-bottom: 12px; text-align: justify;">
Happy Trading!</div>
<div style="margin-bottom: 12px; text-align: justify;">
</div>
<div style="margin-bottom: 12px; text-align: justify;">
Regards,</div>
<div style="margin-bottom: 12px; text-align: justify;">
Nick Loke</div>
<div style="margin-bottom: 12px; text-align: justify;">
</div>
<div style="margin-bottom: 12px; text-align: justify;">
CCB (2925) - Cycle & Carriage Bintang: The Return of the Luxury Car </div>
<div style="margin-bottom: 12px; text-align: justify;">
http://nickstockinvestment.blogspot.my/2016/10/ccb-2925-return-of-luxury-car.html </div>
Unknownnoreply@blogger.comtag:blogger.com,1999:blog-25058915.post-36721457943037110112016-04-20T12:48:00.002+08:002016-04-20T12:48:46.875+08:00Companies in the news - Mah Sing, Integrated Logistics, Cycle & Carriage Bintang, Crest Builder, Hong Leong Industries, Syarikat Takaful Malaysia and Boustead Heavy Industries Corp <br />
<a name='more'></a><br />
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhotKneuDymvi8QmII4R4xe3TBBjkHxDc031EcI5DqY3zXNceIAyXCAfCb4MV-cC3qLkvslkOOok-aKrebN-C8u0oKklt7DGaypF7R501eSSTYErJfzWPtW_tmPUhWEMZ6QOW36Jw/s1600/companies+in+the+news.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="240" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhotKneuDymvi8QmII4R4xe3TBBjkHxDc031EcI5DqY3zXNceIAyXCAfCb4MV-cC3qLkvslkOOok-aKrebN-C8u0oKklt7DGaypF7R501eSSTYErJfzWPtW_tmPUhWEMZ6QOW36Jw/s320/companies+in+the+news.jpg" width="320" /></a></div>
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KUALA LUMPUR (April 19): Based on corporate announcements and news flow today, companies in focus on Wednesday (April 20) are Mah Sing Group Bhd, Integrated Logistics Bhd, Cycle & Carriage Bintang Bhd, Crest Builder Holdings Bhd, Hong Leong Industries Bhd, Syarikat Takaful Malaysia Bhd and Boustead Heavy Industries Corporations Bhd.<br />
<br />
The Seremban High Court has struck out all claims by seven plaintiffs who said the RM359.5 million sale and purchase agreement (SPA) between Mah Sing Group Bhd's wholly-owned unit and three land trustees to be allegedly invalid last year.<br />
<br />
In a filing with Bursa Malaysia today, Mah Sing said the court allowed its application to strike the claims made by the plaintiffs against its unit Grand Prestige Development Sdn Bhd with RM3,000 costs.<br />
<br />
On Aug 5, 2015, the seven plaintiffs - each of them being one of the alleged undivided registered proprietors/beneficial owners to the land against the vendors - served a writ and statement of claim against Grand Prestige, claiming that the SPA was invalid.<br />
Prior to that, on Aug 11, 2014, Grand Prestige had entered into a SPA with three vendors who are the surviving trustees appointed by all the registered and beneficial owners of the land to be their sole and absolute trustees in respect of the land.<br />
The 425.4ha land in Rantau, Seremban, was to be developed into a mixed development with a gross development value of RM7.5 billion.<br />
<br />
Integrated Logistics Bhd (ILB) is selling two of its Hong Kong-based warehousing outfits for HK$137.3 million (RM69.1 million), in line with its aim to divest most of its remaining business operations in China as it contends with an increasingly competitive business environment there.<br />
ILB plans to utilise HK$119 million or 86.67% of total proceeds to repay borrowings.<br />
"The group expects to realise interest savings of approximately HK$4.2 million per year from such repayment of borrowings, based on the interest rate of such borrowings of 2.39% to 6.41% per year," said ILB.<br />
Subsequent to the disposal, which is estimated to be completed by the third quarter of 2016, ILB's gearing ratio will decline to 0.2 times, from 0.26 times as at FY15.<br />
<br />
Cycle & Carriage Bintang Bhd saw its net profit rose 43.1% to RM9.5 million in its first quarter ended March 31, 2016 (1QFY16) from RM6.64 million a year ago, as its revenue improved on higher sales of lower-priced vehicles.<br />
Revenue for the quarter under review came in 19.8% higher year-on-year (y-o-y) to RM315.14 million from RM263.12 million.<br />
Cycle & Carriage chairman Haslam Preeston said demand remained healthy in the first quarter with unit sales up 50%, despite a softer market that reflected a weaker economic environment.<br />
He said although the group recorded a 20% increase in unit sales in 1QFY16, revenue on a per unit basis was reduced as the sales mix was weighted towards lower-priced vehicles.<br />
Preeston also said the group’s facility upgrades at Petaling Jaya and Georgetown were completed in 1QFY16, while the showroom at Jalan Tun Razak in Kuala Lumpur has been re-located to improved premises in the same area.<br />
<br />
Crest Builder Holdings Bhd will be launching its RM1.1 billion gross development value (GDV) transit-oriented development, Latitud8, by the fourth quarter of this year.<br />
Crest Builder managing director Eric Yong said preliminary construction works for the project already commenced last month and is looking to get works in full swing by the end of the year.<br />
He said the project will begin contributing from next year onwards.<br />
Yong added the group aims to sell 50% of the 420 residential units within the first six months of launching.<br />
The 2.72-acre mixed development project will be jointly developed by Intan Sekitar Sdn Bhd, a 51%-owned unit of Crest Builder, and Syarikat Negara Bhd (Prasarana). Prasarana will be entitled to 21.2% of the project's GDV, which is equivalent to about RM233.2 million.<br />
<br />
Hong Leong Industries Bhd (HLIB) saw its net profit for the third quarter ended March 31, 2016 (3QFY16) rise 27.4% year-on-year (y-o-y) to RM58.65 million from RM46.03 million, due to higher contribution from an associate company.<br />
Revenue was up a marginal 0.7% y-o-y to RM555.03 million from RM551.05 million previously.<br />
It has declared a second interim dividend of 19 sen per share and a special interim single-tier dividend of 10 sen per share for FY16, to be paid on May 24, 2016, bringing its total payout for the year-to-date period to 42 sen per share, compared to 29 sen per share in the same period last year.<br />
For the first nine months of FY16 (9MFY16), HLIB recorded a 36.9% y-o-y rise in net profit to RM177.73 million from RM129.82 million.<br />
Revenue, however, was largely flat at RM1.62 billion in 9MFY16 compared to RM1.61 billion in the first nine months of the previous financial year.<br />
For 9MFY16, the group's PBT grew 6.7% to RM245.8 million from RM230.4 million a year ago due to higher profit contribution from an associated company, which was partly offset by higher production cost due to the weakening of the ringgit against the US dollar from our consumer products segment.<br />
On prospects, HLIB said it expects the group's performance for both the consumer products and industrial products segment to be satisfactory in FY16.<br />
<br />
Syarikat Takaful Malaysia Bhd reported a flattish net profit at RM46.62 million or 5.71 sen a share for its first financial quarter ended March 31, 2016 (1QFY16) from RM46.22 million or 5.67 sen a share a year ago, mainly attributable to lower tax expense during the quarter.<br />
Syarikat Takaful reported 1QFY16 revenue of RM633.25 million, which was 12.6% higher than its 1QFY15 revenue of RM562.46 million, thanks to higher sales generated by both the Family Takaful and General Takaful businesses.<br />
As for its prospects in 2016, the group said it will continue its value proposition of rewarding its customers with 15% cash back for General Takaful products and establish a strong foothold in the local insurance and takaful arena as the preferred choice for insurance.<br />
<br />
BHIC Shipbuilding & Engineering Sdn Bhd (BSE), a wholly-owned subsidiary of Boustead Heavy Industries Corporations Bhd (BHIC), has clinched a RM54.9 million contract for the delivery of three tugboats to KFS Support Services Sdn Bhd.<br />
BHIC said BSE and KFS had inked a contract for the design, supply, construct, testing and commissioning, and delivery of three units of 45 tonne bollard pull ASD harbour tugs to KFS.<br />
The contract is subject to KFS fulfilling certain conditions, such as entering into a deal with Konsortium Pelabuhan Kemaman Sdn Bhd (KPK) and obtaining a support letter from a financial institution "confirming the provision of facility to fund the project", though it did not specify the name of the project.<br />
BHIC said the contract will contribute positively to the earnings of BHIC Group for the financial year ending Dec 31, 2016.<br />
<br />
Companies in the news - Mah Sing, Integrated Logistics, Cycle & Carriage Bintang, Crest Builder, Hong Leong Industries, Syarikat Takaful Malaysia and Boustead Heavy Industries Corp <br />
http://www.theedgemarkets.com/my/article/mah-sing-integrated-logistics-cycle-carriage-bintang-crest-builder-hong-leong-industriesUnknownnoreply@blogger.comtag:blogger.com,1999:blog-25058915.post-15978018484093567402016-01-11T20:04:00.002+08:002016-04-30T10:34:39.325+08:00CCB (2925) - 銷售料續逆市成長 合發吉星一度漲33仙<br />
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<span style="font-size: x-large;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEji8h68OGmIkyjZrEWtkY0Eyg9jG_6T5FYfT2rAr7i6U54dBUBMZZY4uqQG28CpYAlmZGwgvziKxKGkzs32PvKDz8pSpJa-8h745Zewl705kV6oKNxmeph9npG0eK1tLTJe4VMiJA/s1600/CCB.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="144" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEji8h68OGmIkyjZrEWtkY0Eyg9jG_6T5FYfT2rAr7i6U54dBUBMZZY4uqQG28CpYAlmZGwgvziKxKGkzs32PvKDz8pSpJa-8h745Zewl705kV6oKNxmeph9npG0eK1tLTJe4VMiJA/s200/CCB.jpg" width="200" /></a></span></div>
<span style="font-size: x-large;">(吉隆坡11日訊)大馬馬賽地奔馳預計2016年將持續成長趨勢,這項消息提振合發吉星(CCB,2925,主要板貿服)股價持續高漲並列入10大上升股榜。<br /><br />合發吉星以3.68令吉開市,早盤最高漲33仙至3.93令吉,休市起20仙掛3.80令吉,半日有77萬9200股易手。截至下午4時半,該股報3.76令吉,起16仙,成交量113萬6700股。<br /><br />今年汽車領域前景黯淡,不過合發吉星作為馬賽地奔馳分銷商料可從后者較出的強勁銷售表現,看到績效。<br /><br />大馬馬賽地奔馳副總裁馬克林恩在上周五(8日)公布汽車銷售表現時稱,該公司在2015年逆勢攀升后,相信成長動力可在2016年持續。<br /><br />合發吉星持有大馬馬賽地奔馳49%股權,去年一共售出1萬845輛車,受惠于本地組裝車款,同時也是該公司第一次交出5位數銷量表現。<br /><br />截至2015年11月,大馬馬賽地奔馳市占率增0.7個百分點至1.9%,馬克林恩相信該公司整體價格策略至今甚為成功,市場反應亦正面。<br /> </span><br />
<span style="font-size: small;">CCB (2925) - 銷售料續逆市成長 合發吉星一度漲33仙 </span><br />
<span style="font-size: small;">http://www.chinapress.com.my</span>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-25058915.post-74534585640102107012016-01-11T14:21:00.000+08:002016-01-11T17:28:01.146+08:00CCB (2925) - (SuperMan 99) Cycle & Carriage Bintang (CCB) - Glorious Year 2015 (& 2016?)<br />
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<span style="font-size: 14px;">For purpose of sharing, I am presenting my homeworks about news of Mercedes Benz Malaysia, </span><span style="font-size: 14px;">Malaysia cars sales for past 9 years, </span><span style="font-size: 14px;">results & historical stock prices of CCB.</span><br />
<b><span style="font-size: 14px;"><span style="background-color: yellow;">I also list down the reasons why I tag CCB as the Safe & Undervalued Stock. (Please refer bottom section for details)</span></span></b><br />
<br />
<hr />
<span style="font-size: 16px;"><span style="color: red;"><u><b><span style="background-color: lime;">NEWS IN THE NEWS</span></b></u></span></span><br />
<span style="font-size: 14px;">We have been reading news about Mercedes
Benz Malaysia from various news media since the start of new year 2016,
below are some of it:</span><br />
<b><span style="font-size: 14px;"><a class="seoquake-nofollow" href="http://www.theedgemarkets.com/my/article/no-price-hike-our-vehicles-now-says-mercedes-benz-malaysia" rel="nofollow" target="_blank">4/1/2016 (The Edge): S400L & E300 BlueTec hybrid received extension on import duty & excise tax exemptions</a></span></b><br />
<b><span style="font-size: 14px;"><a class="seoquake-nofollow" href="http://www.thestar.com.my/business/business-news/2016/01/08/mercedes-benz-malaysia-posts-record-vehicle-sales-in-2015/" rel="nofollow" target="_blank">8/1/2016 (TheStar): Mercedes-Benz Malaysia posts record vehicle sales in 2015</a></span></b><br />
<div>
<b><span style="font-size: 14px;"><a class="seoquake-nofollow" href="https://www.facebook.com/BusyWeekly/photos/a.304544779555776.87436.183843371625918/1098778126799100/?type=1&theater" rel="nofollow" target="_blank">8/1/2016 (资汇): 急升的生活费及GST对马赛地全无影响, 马赛地房车2015全年销售破万辆,猛增56%</a></span></b></div>
<div>
</div>
<div>
</div>
<div>
<div>
<b><span style="font-size: 14px;">On 8 Oct 2015, Malaysia's famous automotive blogger paultan.org has written the following news:</span></b></div>
</div>
<div>
<span style="font-size: 14px;"><i>Here’s a shocker – Mercedes-Benz
Malaysia (MBM) has announced reduced prices for all its current W205
C-Class variants sold in Malaysia, and has introduced two new variants
at the same time.</i></span><br />
<span style="font-size: 14px;"><i>Would you believe that? Whilst
automotive distributors in the country, such as UMW Toyota Motor and
Perodua are raising their prices to cope with the troubling devaluation
of the ringgit, MBM seems to be charging full steam ahead, slashing its
prices, and charting records sales month after month.</i></span><br />
<span style="font-size: 14px;">Source: <a class="seoquake-nofollow" href="http://paultan.org/2015/10/08/mercedes-benz-msia-drops-c-class-prices-c-200-now-from-rm248k-ckd-c-250-amg-line-launched-rm288k/" rel="nofollow" target="_blank">paultan.org</a></span><br />
<br />
<hr />
<b><span style="font-size: 14px;">Interesting Quate from <a class="seoquake-nofollow" href="http://www.investopedia.com/features/industryhandbook/automobile.asp" rel="nofollow" target="_blank">The Industry Handbook: Automobiles</a></span></b></div>
<div>
<span style="font-size: 14px;"><i>Automobiles depend heavily on
consumer trends and tastes...... Taking consumer and business confidence
into account should be a higher priority than considering the regular
factors like earnings growth and debt load.</i></span></div>
<div>
</div>
<div>
</div>
<div>
<hr />
<h2>
<span style="color: red;"><span style="background-color: lime;">MALAYSIA CARS SALES RECORDS (2007-2015)</span></span></h2>
<a href="http://klse.i3investor.com/files/my/blog/img/bl2106_malaysia_cars_sales_records_20072015.jpg"><img src="http://klse.i3investor.com/files/my/blog/img/bl2106_malaysia_cars_sales_records_20072015.jpg" style="height: 378px; width: 600px;" /></a></div>
<br />
<img src="http://klse.i3investor.com/files/my/blog/img/bl2106_mercedes_benz_growth_chart.jpg" height="455" width="600" /><br />
<span style="font-size: 14px;">Mercedes Benz Malaysia (MBM) has regained its leadership position in premium luxury brands in Malaysia in 2015, <b>after losing its position to </b><b style="font-size: 14px;">BMW & </b></span><b style="font-size: 14px;">Volkswagen </b><b style="font-size: 14px;">from 2011 to 2014.</b><br />
<br />
<h2>
<span style="color: red;"><u><span style="background-color: lime;">DARK PERIOD: LOSING GROUND TO BMW & VOLKSWAGEN</span></u></span></h2>
<span style="font-size: 14px;"><span style="background-color: yellow;">As
CCB is the largest dealership for Mercedes Cars, losing position to
both Volkswagen & BMW is a nightmare to CCB. As a result, results
& share price of CCB was deteriorating simultaneously during the
same period </span></span><span style="font-size: 14px;"><span style="background-color: yellow;">as shown at the below chart:</span></span><br />
<a href="http://klse.i3investor.com/files/my/blog/img/bl2106_ccb_share_price_from_1972010_to_31122015.jpg"><img src="http://klse.i3investor.com/files/my/blog/img/bl2106_ccb_share_price_from_1972010_to_31122015.jpg" height="308" width="600" /></a><br />
<br />
<h2>
<span style="color: red;"><span style="background-color: lime;">GLORIOUS YEAR FOR MBM & CCB: 2015</span></span></h2>
<div style="color: #1a2a60; font-family: Calibri, Verdana, Arial, fantasy, sans-serif; font-size: 18px; font-stretch: normal; line-height: 22px; margin: 6px 0px;">
Following strong sales of the E300 BlueTEC Hybrid, which was launched
in January 2015, the C200 and S400L Hybrid, 2015 has become the Glorious
Year to Mercedes Benz Malaysia. (Source: <a class="seoquake-nofollow" href="http://www.mercedes-benz.com.my/content/malaysia/mpc/mpc_malaysia_website/myng/home_mpc/passengercars/home/passenger_cars_world/What_s_New_NG/2015_news_happenngs/press_release_2015/mercedes-benz_malaysia.html" rel="nofollow" target="_blank">MBM Website</a>)</div>
<div style="color: #1a2a60; font-family: Calibri, Verdana, Arial, fantasy, sans-serif; font-size: 18px; font-stretch: normal; line-height: 22px; margin: 6px 0px;">
</div>
<h3 style="color: #1a2a60; font-family: Calibri, Verdana, Arial, fantasy, sans-serif; font-size: 18px; font-stretch: normal; line-height: 22px; margin: 6px 0px;">
<img src="http://klse.i3investor.com/files/my/blog/img/bl2106_2_years_performance_for_all_cars.jpg" height="425" width="354" /></h3>
<br />
<img src="http://klse.i3investor.com/files/my/blog/img/bl2106_ccb__9_months_units_sold_3092015.jpg" height="112" width="600" /><br />
<img src="http://klse.i3investor.com/files/my/blog/img/bl2106_ccb__9_months_results_3092015.jpg" height="592" width="600" /><br />
<br />
<img src="http://klse.i3investor.com/files/my/blog/img/bl2106_ccb__price_movement_2015.jpg" height="382" width="600" /><br />
<div style="color: #1a2a60; font-family: Calibri, Verdana, Arial, fantasy, sans-serif; font-size: 18px; font-stretch: normal; line-height: 22px; margin: 6px 0px;">
<b><span style="color: red;"><u><span style="background-color: lime;">Summary of Findings:</span></u></span></b></div>
<div style="color: #333333; font-family: Verdana, Arial, Helvetica, fantasy, sans-serif; line-height: 16px; margin-top: 0px;">
<span style="font-size: 14px;"><b>1. Mercedes Benz Malaysia total units sold up 70%</b><br />
<b>2. CCB </b><b>Revenue increased 86%</b><br />
<b>3. CCB </b><b>Profit increased 493%</b><br />
<b>4. </b><b>CCB Price up 76% </b>(RM1.92@ 31/12/2014 to RM3.38 @ 31/12/2015)</span><br />
<span style="font-size: 16px;"><b><span style="background-color: yellow;">5. BUT PE Ratio has dropped from 18.7 times to merely 7.5 times </span></b></span><img src="http://klse.i3investor.com/files/my/blog/img/bl2106_interesting_1.jpg" style="height: 26px; width: 40px;" /></div>
<br />
<hr />
<h2>
<span style="color: red;"><span style="background-color: yellow;">CCB: Safe & Undervalued Stock</span></span></h2>
<h2>
<span style="font-size: 14px;">Reasons:</span></h2>
<span style="font-size: 14px;">1. New Mercedes Cars designs are just started paying off, there are few more years to go<br />
2. CCB is largest dealership for Mercedes Benz Malaysia<br />
3. Competitive Advantages to other dealership due to 49% JV in Mercedes Benz Malaysia<br />
4. Better Managed Operations due to higher margin compared to nearest competitor, Hap Seng Star.<br />
5. Clean & Straight foward balance sheet & good cash flow management<br />
6. <span style="background-color: yellow;">Current PE is way below past years' average historical PE 13.9</span><br />
7. <span style="background-color: yellow;">Lowest PE among all cars distributors listed in Bursa</span></span><br />
<b><span style="font-size: 14px;"><span style="color: red;">(Special note: I will discuss items 3&4, my near term target price of RM4.53 & projection for 2016 in my next article)</span></span></b><br />
<img src="http://klse.i3investor.com/files/my/blog/img/bl2106_ccb__instinct_value.jpg" height="340" width="337" /><br />
<span style="font-size: 14px;"><span style="font-size: 16px;"><u><b><span style="background-color: yellow;">Rolling PE ratios for other cars distributors:</span></b></u></span><br />
UMW Holdings (Toyota) : <a href="http://klse.i3investor.com/servlets/stk/fin/4588.jsp">26.59</a><br />
Tan Chong Motor (Nissan) : <a href="http://klse.i3investor.com/servlets/stk/fin/4405.jsp">21.82</a><br />
Hap Seng Consolidated (Mercedez Benz) : <a href="http://klse.i3investor.com/servlets/stk/fin/3034.jsp">13.75</a><br />
Berjaya Auto (Mazda) : <a href="http://klse.i3investor.com/servlets/stk/fin/5248.jsp">9.88</a><br />
MBMR (Produa) : <a href="http://klse.i3investor.com/servlets/stk/fin/5983.jsp">8.82</a></span><br />
<br />
<br />
<h2>
<u><span style="color: red;"><span style="background-color: lime;">RECOMMENDED LINKS:</span></span></u></h2>
<span style="font-size: 14px;">1. <a href="http://klse.i3investor.com/blogs/hardworkeasylifesuperman99/88480.jsp">(SuperMan 99) Cycle & Carriage Bintang (CCB) - The Forgotten Star with 73% potential upside!!!</a><br />
2. <a href="http://klse.i3investor.com/blogs/hardworkeasylifesuperman99/89038.jsp">(SuperMan 99) Cycle & Carriage Bintang (CCB) - Special Dividends & Amazing Cash Flows Management</a><br />
3. <a href="http://klse.i3investor.com/blogs/tradeview/85376.jsp">Tradeview - Value Picks (4Q2015) Gadang / CCB / Apollo</a><br />
4. <a class="seoquake-nofollow" href="http://www.forbes.com/sites/neilwinton/2014/02/12/mercedes-benz-adventurous-design-should-pay-off-at-the-bottom-line/" rel="nofollow" target="_blank">Mercedes Benz Design Should Pay Off At The Bottom Line</a></span><br />
<div>
<hr />
<h2>
<u><b>Sources/Links:</b></u></h2>
</div>
<span style="font-size: 14px;">1. 2014 Cars Sales Report - <a class="seoquake-nofollow" href="http://www.maa.org.my/pdf/Market_Review_2014.pdf" rel="nofollow" target="_blank">http://www.maa.org.my/pdf/Market_Review_2014.pdf</a><br />
2. 2013 Cars Sales Report - <a class="seoquake-nofollow" href="http://www.maa.org.my/pdf/Market_Review_2013.pdf" rel="nofollow" target="_blank">http://www.maa.org.my/pdf/Market_Review_2013.pdf</a><br />
3. 2012 Cars Sales Report - <a class="seoquake-nofollow" href="http://www.maa.org.my/pdf/Market_Review_2012.pdf" rel="nofollow" target="_blank">http://www.maa.org.my/pdf/Market_Review_2012.pdf</a><br />
4. 2011 Cars Sales Report - <a class="seoquake-nofollow" href="http://www.maa.org.my/pdf/Market_Review_2011.pdf" rel="nofollow" target="_blank">http://www.maa.org.my/pdf/Market_Review_2011.pdf</a><br />
5. 2010 Cars Sales Report - <a class="seoquake-nofollow" href="http://www.maa.org.my/pdf/market-review-for-2010.pdf" rel="nofollow" target="_blank">http://www.maa.org.my/pdf/market-review-for-2010.pdf</a><br />
6. 2009 Cars Sales Report - <a class="seoquake-nofollow" href="http://www.maa.org.my/data/marketoutlook.pdf" rel="nofollow" target="_blank">http://www.maa.org.my/data/marketoutlook.pdf</a><br />
7. 2008 Cars Sales Report - <a class="seoquake-nofollow" href="http://www.marklines.com/en/report/rep1061_201203" rel="nofollow" target="_blank">http://www.marklines.com/en/report/rep1061_201203</a><br />
8. 2007 Cars Sales Report - <a class="seoquake-nofollow" href="http://www.marklines.com/en/report/rep1061_201203" rel="nofollow" target="_blank">http://www.marklines.com/en/report/rep1061_201203</a></span><br />
<div>
</div>
<div>
<hr />
<h2>
<u><b>Declaration & Disclaimers:</b></u></h2>
<span style="font-size: 14px;">I have interest & own shares in this company.</span><br />
<span style="font-size: 14px;">All the above are merely presented &
written for sharing, educational & reference purposes and does not
constitute as recommendation to purchase/buy or sell. You should make
your investing decision based on your own judgement & at your own
risk. I will not be responsible nor liable for your action.</span><br />
<br />
<span style="font-size: small;">(SuperMan 99) Cycle & Carriage Bintang (CCB) - Glorious Year 2015 (& 2016?) </span><br />
<span style="font-size: 14px;"><span style="font-size: small;">http://klse.i3investor.com/blogs/hardworkeasylifesuperman99/89507.jsp </span></span></div>
Unknownnoreply@blogger.comtag:blogger.com,1999:blog-25058915.post-56762885948403108652016-01-10T23:55:00.000+08:002016-01-10T23:55:09.003+08:00CCB (2925) - (SuperMan 99) Cycle & Carriage Bintang (CCB) - Special Dividends & Amazing Cash Flows Management<br />
<a name='more'></a><br />
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<div class="margint30" id="blogcontent">
<span style="font-size: 14px;">Some investors are optimistic that Cycle
& Carriage Bintang (CCB) is likely to declare special dividends in
near future (or more specifically, in 2016?) as CCB may on its way to
register highest profit in 10 years for the financial year 2015.</span><br />
<span style="font-size: 14px;">However, some doubt it as many are asking the same question: Where is the cash?</span><br />
<span style="font-size: 14px;"><b><span style="background-color: yellow;">My question is rather: Will CCB do that?</span></b></span><br />
<span style="font-size: 14px;"><b><span style="background-color: yellow;">Why I have such strong confidence on CCB to have sufficient cash to give special dividends of up to RM1.00 per share???</span></b></span><br />
<span style="font-size: 14px;">Before I answer that, let's take a look
at the cash balances of CCB in the quarterly reports before & after
the special dividends were announced in prior years, you will be
surprised that they were even holding less cash then!!!</span><br />
<h2>
<u><span style="background-color: lime;">Past Years' Special Dividends Records</span></u></h2>
<div>
<span style="font-size: 14px;">CCB had declared special dividends on the following occassions: </span></div>
<div>
</div>
<div>
<span style="font-size: 14px;">1. Announced on 10 Aug 2006 - <b>Special Dividend of RM2.03</b> per share less income tax of 28%<br />
2. Announced on 30 Jul 2008 - <b>Special Dividend of RM1.35</b> per share less income tax of 26%</span></div>
<div>
<span style="font-size: 14px;">3. Announced on 30 Jul 2009 - <b>Special Dividend of RM1.20</b> per share less income tax of 25% </span></div>
<div>
</div>
<div>
<span style="font-size: 14px;">I am not going to discuss the one that announced on 20 Nov 2003 (<b>Special Dividend of RM4.17</b> per
share less 28% tax, amounting to a net dividend of RM3.00 per share) as
this was the result of selling back distribution rights to Daimler AG.</span></div>
<div>
</div>
<div>
<span style="color: black;"><a href="http://klse.i3investor.com/files/my/blog/img/bl2106_ccb_share_price_movement_analysis__v2_dividend_1.jpg"><img src="http://klse.i3investor.com/files/my/blog/img/bl2106_ccb_share_price_movement_analysis__v2_dividend_1.jpg" height="521" width="600" /></a></span></div>
<hr />
<img src="http://klse.i3investor.com/files/my/blog/img/bl2106_quarterly_report_3092015_1.jpg" height="715" width="600" /><br />
<span style="font-size: 16px;"><b style="font-size: 14px;"><span style="background-color: #ffff99;">Now, let's take a look at the quarterly reports before & after announcement of year 2006 special dividend: </span></b></span><br />
<img src="http://klse.i3investor.com/files/my/blog/img/bl2106_2006_dividend_analysis.jpg" height="763" width="600" /><br />
<b><span style="font-size: 14px;"><span style="background-color: #ffff99;">Continue to read quarterly reports before & after announcement of year 2008 special dividend:</span></span></b><br />
<img src="http://klse.i3investor.com/files/my/blog/img/bl2106_2008_dividend_analysis.jpg" height="762" width="593" /><br />
<b><span style="font-size: 14px;"><span style="background-color: #ffff99;">Lastly, the following are quarterly reports announced before & after the special dividends for 2009:</span></span></b><br />
<img src="http://klse.i3investor.com/files/my/blog/img/bl2106_2009_dividend_analysis.jpg" height="776" width="593" /><br />
<h2>
<u><b><span style="background-color: lime;">Analysis on latest Balance Sheet (30/9/2015)</span></b></u></h2>
<span style="font-size: 14px;"><b>Stock Turnover </b>= Closing Stock / Sales x 12 months = 171.6m / 1,192.4m x 12 <b>= <span style="background-color: yellow;">1.72 months</span><br />
Receivables Turnover </b>= Receivables / Sales x 12 months = 94.9m / 1,192.4m x 12 =<b> <span style="background-color: yellow;">0.96 months (less than 1 month)</span></b></span><br />
<span style="font-size: 14px;">Notes to Accounts on Trade receivables are stated as follows:</span><br />
<span style="font-size: 14px;">"Trade receivables that are neither past
due nor impaired are creditworthy debtors with good payment records with
the Group. Most of the Group’s trade receivables are arising from
financier in respect of finance provided to end customer, sales to
reputable public listed companies and government or semi government
institutions."</span><br />
<span style="font-size: 14px;">Total current assets = RM303.7m<br />
Total current liabilities = RM217.1m<br />
<b>Net current assets = <span style="background-color: yellow;">RM86.7m</span></b></span><br />
<h2>
<span style="font-size: 16px;"><u><b><span style="background-color: lime;">CONCLUSION:</span></b></u></span></h2>
<span style="font-size: 14px;">Stocks in hand are presumably hot selling items since waiting period to get Mercedes Benz cars are more than 3 months. (please help to verify with the salesman at CCB show room).</span><br />
<span style="font-size: 14px;">Trade receivables are highly cash convertibles due to its natures as stated in the notes to account above.</span><br />
<span style="font-size: 14px;"><b><span style="background-color: yellow;">While
all current asset items are highly liquid assets and CCB is believed to
be able to easily obtain financial supports (Bankers' Acceptances) from
bankers, it will have no problem to declare special dividends of more
than RM100m.</span></b></span><br />
<span style="font-size: 14px;">Furthermore, CCB is in the matured
retailing business & do not require much capital
expenditure/reinvestment except for normal refurbishment/upgrade of
existing 3S centres. </span><br />
<span style="font-size: 14px;">I feel so awesome on the cash flows
management carried out by the Management of CCB after reading the past
years' cash flows statements of CCB. </span><br />
<span style="font-size: 14px;"><b><span style="background-color: yellow;">CCB
had done tremendous jobs in managing its cash flows to rewards its
shareholders in the past, will CCB do it again? I leave it to you to
decide.</span></b></span><br />
<br />
<hr />
Special Note: I will discuss the following in my next article<br />
<img src="http://klse.i3investor.com/files/my/blog/img/bl2106_car_shares_chart.jpg" height="454" width="600" /><br />
<img src="http://klse.i3investor.com/files/my/blog/img/bl2106_ccb_share_price_movement_analysis__v2_20102015_1.jpg" height="624" width="600" /><br />
<hr />
<div style="font-family: Verdana,Arial,Helvetica,fantasy,sans-serif; line-height: 16px; margin-top: 0px;">
</div>
<div style="font-family: Verdana,Arial,Helvetica,fantasy,sans-serif; line-height: 16px; margin-top: 0px;">
<span style="font-size: 16px;"><u><b><span style="background-color: lime;">DECLARATION & DISCLAIMERS:</span></b></u></span></div>
<div style="font-family: Verdana,Arial,Helvetica,fantasy,sans-serif; line-height: 16px; margin-top: 0px;">
<span style="font-size: 14px;">I have interest & own shares in this company.</span></div>
<div style="font-family: Verdana,Arial,Helvetica,fantasy,sans-serif; line-height: 16px; margin-top: 0px;">
<span style="font-size: 14px;">All the above are merely presented &
written for sharing, educational & reference purposes and does not
constitute as recommendation to purchase/buy or sell. You should make
your investing decision based on your own judgement & at your own
risk. I will not be responsible nor liable for your action.</span></div>
<div style="font-family: Verdana,Arial,Helvetica,fantasy,sans-serif; line-height: 16px; margin-top: 0px;">
<br /></div>
<div style="font-family: Verdana,Arial,Helvetica,fantasy,sans-serif; line-height: 16px; margin-top: 0px;">
<span style="font-size: small;">CCB (2925) - (SuperMan 99) Cycle & Carriage Bintang (CCB) - Special Dividends & Amazing Cash Flows Management </span></div>
<div style="font-family: Verdana,Arial,Helvetica,fantasy,sans-serif; line-height: 16px; margin-top: 0px;">
<span style="font-size: small;">http://klse.i3investor.com/blogs/hardworkeasylifesuperman99/89038.jsp </span></div>
<div style="font-family: Verdana,Arial,Helvetica,fantasy,sans-serif; line-height: 16px; margin-top: 0px;">
<span style="font-size: 14px;"><span style="font-size: small;">CCB, CCB (2925), 2925, EN2925, KLSE:CCB, Investing, SuperMan 99</span></span></div>
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Unknownnoreply@blogger.comtag:blogger.com,1999:blog-25058915.post-66508564078386049262016-01-08T22:19:00.000+08:002016-01-08T22:19:36.818+08:00Trading Stocks - 4 January 2016 - 7-Eleven | MKH | Notion | Icon | Cycle & Carriage | Guan Chong<br />
<a name='more'></a><br />
<div style="background-color: white; color: #333333; font-family: Verdana, Arial, Helvetica, fantasy, sans-serif; font-size: 12px; line-height: 16px;">
<img alt="" src="https://research.osk188.com/images/72/nQKt6190115395689becc9939e.jpg" /></div>
<div style="background-color: white; color: #333333; font-family: Verdana, Arial, Helvetica, fantasy, sans-serif; font-size: 12px; line-height: 16px; text-align: justify;">
7-Eleven Malaysia may rebound further after surpassing the MYR1.50 level in its latest session. Traders may buy as a bullish bias could be present above this level, with a target price of MYR1.67, followed by MYR1.80. The stock may drift sideways if it dips back below the MYR1.50 mark. In this case, further support is anticipated at MYR1.34, where traders can exit upon a breach.</div>
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<div style="background-color: white; color: #333333; font-family: Verdana, Arial, Helvetica, fantasy, sans-serif; font-size: 12px; line-height: 16px;">
<img alt="" src="https://research.osk188.com/images/73/q3Wh8489228155689becd0cb0e.jpg" /></div>
<div style="background-color: white; color: #333333; font-family: Verdana, Arial, Helvetica, fantasy, sans-serif; font-size: 12px; line-height: 16px; text-align: justify;">
MKH may trend higher after inching above the MYR2.38 level in its latest session, albeit marginally. Traders may buy as a bullish bias could be present above this level, with a target price of MYR2.64. The stock may consolidate further if it cannot sustain above the MYR2.38 level. In this case, further support is anticipated at MYR2.25, where traders can exit upon a breach.</div>
<div style="background-color: white; color: #333333; font-family: Verdana, Arial, Helvetica, fantasy, sans-serif; font-size: 12px; line-height: 16px; text-align: justify;">
<br /></div>
<div style="background-color: white; color: #333333; font-family: Verdana, Arial, Helvetica, fantasy, sans-serif; font-size: 12px; line-height: 16px;">
<img alt="" src="https://research.osk188.com/images/74/sSZ3992020575689becd70650.jpg" /></div>
<div style="background-color: white; color: #333333; font-family: Verdana, Arial, Helvetica, fantasy, sans-serif; font-size: 12px; line-height: 16px; text-align: justify;">
Notion VTec may trend higher after inching above the MYR0.405 level in its latest session. Traders may buy as a bullish bias could be present above this level, with a target price of MYR0.48. The stock may move sideways if it falls back below the MYR0.405 level. In this case, further support is anticipated at MYR0.37, where traders can exit upon a breach.</div>
<div style="background-color: white; color: #333333; font-family: Verdana, Arial, Helvetica, fantasy, sans-serif; font-size: 12px; line-height: 16px; text-align: justify;">
<br /></div>
<div style="background-color: white; color: #333333; font-family: Verdana, Arial, Helvetica, fantasy, sans-serif; font-size: 12px; line-height: 16px;">
<img alt="" src="https://research.osk188.com/images/75/SxhK19034925855689becdcdc86.jpg" /></div>
<div style="background-color: white; color: #333333; font-family: Verdana, Arial, Helvetica, fantasy, sans-serif; font-size: 12px; line-height: 16px; text-align: justify;">
Icon Offshore may trend higher after sustaining above the MYR0.42 level. Traders may buy as a bullish bias could be present above this price, with a target price of MYR0.50, assuming the MYR0.485 level can be surpassed. The stock may drift sideways if it dips back below the MYR0.42 mark. In this case, further support is anticipated at MYR0.385, where traders can exit upon a breach to avoid the risk of a further correction.</div>
<div style="background-color: white; color: #333333; font-family: Verdana, Arial, Helvetica, fantasy, sans-serif; font-size: 12px; line-height: 16px; text-align: justify;">
<br /></div>
<div style="background-color: white; color: #333333; font-family: Verdana, Arial, Helvetica, fantasy, sans-serif; font-size: 12px; line-height: 16px;">
<img alt="" src="https://research.osk188.com/images/76/vUTk19082329775689bece35a74.jpg" /></div>
<div style="background-color: white; color: #333333; font-family: Verdana, Arial, Helvetica, fantasy, sans-serif; font-size: 12px; line-height: 16px; text-align: justify;">
Cycle & Carriage Bintang may trend higher after inching above the MYR3.35 level in its latest session. Traders may buy as a bullish bias could be present above this level, with a target price of MYR3.90, assuming the MYR3.50 resistance can be surpassed. The stock may consolidate further if it dips back below the MYR3.35 level. In this case, further support is anticipated at MYR3.10, where traders can exit upon a breach to avoid the risk of a further correction.</div>
<div style="background-color: white; color: #333333; font-family: Verdana, Arial, Helvetica, fantasy, sans-serif; font-size: 12px; line-height: 16px; text-align: justify;">
<br /></div>
<div style="background-color: white; color: #333333; font-family: Verdana, Arial, Helvetica, fantasy, sans-serif; font-size: 12px; line-height: 16px;">
<img alt="" src="https://research.osk188.com/images/77/Jnhm19772295525689bece9197c.jpg" /></div>
<div style="background-color: white; color: #333333; font-family: Verdana, Arial, Helvetica, fantasy, sans-serif; font-size: 12px; line-height: 16px; text-align: justify;">
Guan Chong was testing the MYR1.36 resistance level in its latest session. Traders may buy if this level is breached in the near term, with a target price of MYR1.55. In the meantime, the stock may consolidate further if the MYR1.36 level cannot be breached. Support may be found at MYR1.21, where traders can exit upon a breach to avoid the risk of a further correction.</div>
<div style="background-color: white; color: #333333; font-family: Verdana, Arial, Helvetica, fantasy, sans-serif; font-size: 12px; line-height: 16px; text-align: justify;">
Source: RHB Research - 4 Jan 2016</div>
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<br /></div>
<div style="background-color: white; text-align: justify;">
<span style="color: #333333; font-family: Verdana, Arial, Helvetica, fantasy, sans-serif;"><span style="font-size: 12px; line-height: 16px;">http://klse.i3investor.com/blogs/rhb/89058.jsp</span></span></div>
Unknownnoreply@blogger.comtag:blogger.com,1999:blog-25058915.post-21629361141179587702016-01-04T13:26:00.002+08:002016-01-04T13:26:33.009+08:00CCB (2925) - Stock With Momentum: Cycle & Carriage Bintang<br />
<a name='more'></a>Cycle & Carriage Bintang Bhd ( Valuation: 1.10, Fundamental: 2.10) (-ve)<br />
<br />
CCB (Fundamental: 2.1/3, Valuation: 1.1/3), the country’s largest Mercedes-Benz dealer, triggered our momentum algorithm last Thursday, rising 3.7% to RM3.38.<br />
<br />
Primarily involved in the retailing and provision of after-sales services, CCB also has a 49% equity interest (Class B shares) in Mercedes-Benz Malaysia Sdn Bhd (MBM) , with the balance 51% (Class A shares) owned by Daimler AG. The joint venture is expected to contribute a dividend income of RM11.2 million every year.<br />
<br />
For 9M2015, net profit surged almost six-fold y-y to RM41.9 million on the back of a 86.2% growth in revenue to RM1.2 billion. <br />
<br />
The improved performance was mainly due to higher unit sales and favourable sales mix as well as the recognition of a dividend income received from MBM. With a net cash position of RM7.2 million, CCB has earmarked RM23.3 million for future capital expenditure.<br />
<br />
CCB (2925) - Stock With Momentum: Cycle & Carriage Bintang<br />
http://www2.theedgemarkets.com/my/article/stock-momentum-cycle-carriage-bintang-1<br />
<br />
<img alt="ccb_swm_fd010116_theedgemarkets" src="http://edgemarkets.s3-ap-southeast-1.amazonaws.com/pictures/ccb_swm_fd010116_theedgemarkets.png" style="height: 878px; width: 666px;" />Unknownnoreply@blogger.comtag:blogger.com,1999:blog-25058915.post-82615674091764145122016-01-01T09:42:00.002+08:002016-01-01T09:51:56.819+08:00CCB (2925) - 合发吉星 (CCB, 2925) (3) - 能否再创佳绩?<br />
<a name='more'></a><br />
<br />
<span style="font-family: Verdana,Helvetica,Arial,sans-serif; font-size: medium; word-wrap: break-word;"><span style="word-wrap: break-word;">CCB (3) - 能否再创佳绩?</span></span><br />
<br style="font-family: Verdana,Helvetica,Arial,sans-serif; line-height: 19.0909px; word-wrap: break-word;" />
<span style="font-family: Verdana,Helvetica,Arial,sans-serif; line-height: 19.0909px;">i3 网友最近的一篇文章 (</span><span style="color: black;"><a href="http://klse.i3investor.com/blogs/hardworkeasylifesuperman99/88480.jsp" style="font-family: Verdana,Helvetica,Arial,sans-serif; line-height: 19.0909px; word-wrap: break-word;" target="_blank">http://klse.i3investor.com/blogs ... uperman99/88480.jsp</a><span style="font-family: Verdana,Helvetica,Arial,sans-serif; line-height: 19.0909px;">)吸引我重新看回CCB的资料。</span></span><br />
<br style="font-family: Verdana,Helvetica,Arial,sans-serif; line-height: 19.0909px; word-wrap: break-word;" />
<span style="font-family: Verdana,Helvetica,Arial,sans-serif; line-height: 19.0909px;">之前看到Merz的销量</span><span style="font-family: Verdana,Helvetica,Arial,sans-serif; font-weight: 700; line-height: 19.0909px; word-wrap: break-word;">已经按月下滑</span><span style="font-family: Verdana,Helvetica,Arial,sans-serif; line-height: 19.0909px;">,个人感觉明年难以保持像今年一样的高成长(今年的高成长%很大成分基于去年的low base effect),所以觉得上升空间不大了,就暂时卖出。</span><br />
<br style="font-family: Verdana,Helvetica,Arial,sans-serif; line-height: 19.0909px; word-wrap: break-word;" />
<span style="font-family: Verdana,Helvetica,Arial,sans-serif; line-height: 19.0909px;">其实CCB的本益比对比其他汽车业同行还是偏低的。</span><br />
<br style="font-family: Verdana,Helvetica,Arial,sans-serif; line-height: 19.0909px; word-wrap: break-word;" />
<span style="font-family: Verdana,Helvetica,Arial,sans-serif; font-weight: 700; line-height: 19.0909px; word-wrap: break-word;">由于明年的业绩成长的爆发力难以超越今年,所以成长空间很大部分取决于市场是否要给予PE rerating</span><span style="font-family: Verdana,Helvetica,Arial,sans-serif; line-height: 19.0909px;">。</span><br />
<span style="font-family: Verdana,Helvetica,Arial,sans-serif; line-height: 19.0909px;">除非明年每月平均卖>1200辆车。</span><img alt="" border="0" src="http://www.investalks.com/forum/static/image/smiley/default/smile.gif" style="font-family: Verdana,Helvetica,Arial,sans-serif; line-height: 19.0909px; word-wrap: break-word;" /><br />
<br style="font-family: Verdana,Helvetica,Arial,sans-serif; line-height: 19.0909px; word-wrap: break-word;" />
<span style="font-family: Verdana,Helvetica,Arial,sans-serif; line-height: 19.0909px;">CCB如果恢复派息,Merz的新模型受市场欢迎的话还是可以有比较高的PE。</span><br />
<img src="http://klse.i3investor.com/files/my/blog/img/bl1681_0_monthly.jpg" height="289" width="479" /><br />
<img src="http://klse.i3investor.com/files/my/blog/img/bl1681_1_revenue_forecast_model.jpg" height="284" width="511" /><br />
<br style="font-family: Verdana,Helvetica,Arial,sans-serif; line-height: 19.0909px; word-wrap: break-word;" />
<span style="font-family: Verdana,Helvetica,Arial,sans-serif; line-height: 19.0909px;">*Linear model 来 forecast revenue 的可靠度非常高。销量越好,营业额成直接正比。</span><br />
<br style="font-family: Verdana,Helvetica,Arial,sans-serif; line-height: 19.0909px; word-wrap: break-word;" />
<span style="font-family: Verdana,Helvetica,Arial,sans-serif; line-height: 19.0909px;">Estimated EPS = 50 sen</span><br />
<span style="font-family: Verdana,Helvetica,Arial,sans-serif; line-height: 19.0909px;">Current Price = 3.38</span><br />
<span style="font-family: Verdana,Helvetica,Arial,sans-serif; line-height: 19.0909px;">Forward PE = 6.8</span><br />
<br style="font-family: Verdana,Helvetica,Arial,sans-serif; line-height: 19.0909px; word-wrap: break-word;" />
<span style="font-family: Verdana,Helvetica,Arial,sans-serif; line-height: 19.0909px;">Target PE 8, upside = 21%</span><br />
<span style="font-family: Verdana,Helvetica,Arial,sans-serif; line-height: 19.0909px;">Target PE 10, upside = 51%。</span><br />
<br style="font-family: Verdana,Helvetica,Arial,sans-serif; line-height: 19.0909px; word-wrap: break-word;" />
<span style="font-size: large;">要注意的是50sen的预期盈利当中,有11sen左右是MBM (Mercedes-Benz Malaysia)派发的股息。<br /><br />这个股息政策已经在2013年revised了,不在是固定派息。换句话说,明年可能收不到这笔11,229,000的股息,那么盈利看似“大跌”的几率是存在的。<br /><br />但是对比往年记录,MBM派息的数额是非常稳定的(2013年前是固定派息,2014年没有派息,2015年恢复派息)。<br /><br />明年MBM是否继续派发同样/更高的股息,几率需要自己衡量了。 </span><br />
<br />
<img src="http://klse.i3investor.com/files/my/blog/img/bl1681_2_revenue.jpg" height="288" width="476" /><br />
<br />
<br />
<span style="font-family: Verdana,Helvetica,Arial,sans-serif; line-height: 19.0909px; word-wrap: break-word;"><span style="font-family: Verdana; word-wrap: break-word;"><span style="font-size: x-small; word-wrap: break-word;"><img src="http://klse.i3investor.com/files/my/blog/img/bl1681_3_net_profit.jpg" height="287" width="480" /></span></span></span><br />
<span style="font-family: Verdana,Helvetica,Arial,sans-serif; line-height: 19.0909px; word-wrap: break-word;"><span style="font-family: Verdana; word-wrap: break-word;"><span style="font-size: x-small; word-wrap: break-word;">----------------------------------------------------</span></span></span><br />
<span style="font-family: Verdana,Helvetica,Arial,sans-serif; font-weight: 700; line-height: 19.0909px; word-wrap: break-word;">Mercedes-Benz Malaysia</span><br />
<div align="left" style="word-wrap: break-word;">
<span style="font-family: Verdana,Helvetica,Arial,sans-serif; line-height: 19.0909px; word-wrap: break-word;"><span style="word-wrap: break-word;"><span style="word-wrap: break-word;">The
Mercedes-Benz brand has a long and rich heritage in Malaysia, dating
way back to the beginning of the 20th century. This heritage has grown
even stronger with the incorporation of DaimlerChrysler Malaysia Sdn
Bhd, now known as Mercedes-Benz Malaysia Sdn Bhd, a joint venture between Daimler AG and Cycle & Carriage Bintang Berhad on 1st January 2003.</span></span><span style="font-size: x-small; word-wrap: break-word;"><span style="word-wrap: break-word;"></span></span><br style="word-wrap: break-word;" />
<br style="word-wrap: break-word;" />
<span style="word-wrap: break-word;"><span style="word-wrap: break-word;">Mercedes-Benz
Malaysia currently employs over 230 employees with its administrative
and sales office located at Menara TM in Kuala Lumpur whilst its
production plant is located at Pekan, Pahang. Mercedes-Benz Malaysia
manages the wholesale distribution of Mercedes-Benz, smart and
Mitsubishi Fuso vehicles, service and spare parts as well as software
development for global sales solutions and automotive apprentice
training.</span></span><br style="word-wrap: break-word;" />
<br style="word-wrap: break-word;" />
<span style="word-wrap: break-word;"><span style="word-wrap: break-word;">The
retail network of Mercedes-Benz Malaysia is represented by 59
authorized dealers for the Mercedes-Benz, smart and Mitsubishi Fuso
brands. A total of 90 outlets provides sales and after sales services
nationwide. The emphasis placed on network development is a global
initiative by Daimler AG in line with its brand philosophy to create a
uniform worldwide brand that provides Mercedes-Benz customers with
superb quality services.</span></span><br style="word-wrap: break-word;" />
<br style="word-wrap: break-word;" />
<span style="word-wrap: break-word;"><span style="word-wrap: break-word;">With a</span></span><span style="word-wrap: break-word;"><span style="word-wrap: break-word;"> total investment of RM120 million in Pekan Pahang</span></span><span style="word-wrap: break-word;"><span style="word-wrap: break-word;">,
Mercedes-Benz Malaysia's collaborative effort with DRB-Hicom Berhad has
resulted in the local assembly of some of the world's most coveted
passenger cars namely the Mercedes-Benz S-Class, E-Class and C-Class as
well as the Mercedes-Benz and Mitsubishi Fuso commercial vehicles.</span></span></span></div>
<span style="font-family: Verdana,Helvetica,Arial,sans-serif; line-height: 19.0909px; word-wrap: break-word;"><span style="font-family: Verdana; word-wrap: break-word;"><span style="font-size: x-small; word-wrap: break-word;">----------------------------------------------------</span></span></span><br />
<br style="word-wrap: break-word;" />
<br style="font-family: Verdana,Helvetica,Arial,sans-serif; line-height: 19.0909px; word-wrap: break-word;" />
<span style="font-family: Verdana,Helvetica,Arial,sans-serif; line-height: 19.0909px; word-wrap: break-word;"><span style="font-family: Verdana; word-wrap: break-word;"><span style="font-size: x-small; word-wrap: break-word;">今日的量能很不错:</span></span></span><br />
<span style="font-family: Verdana,Helvetica,Arial,sans-serif; line-height: 19.0909px; word-wrap: break-word;"><span style="font-family: Verdana; word-wrap: break-word;"><span style="font-size: x-small; word-wrap: break-word;"><img src="http://klse.i3investor.com/files/my/blog/img/bl1681_4_31dec.jpg" height="347" width="600" /></span></span></span><br />
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CCB (2925) - 合发吉星 (CCB, 2925) (3) - 能否再创佳绩?<br />
http://klse.i3investor.com/blogs/bukithot/88954.jspUnknownnoreply@blogger.comtag:blogger.com,1999:blog-25058915.post-21328660040100692022015-04-23T11:50:00.000+08:002017-09-22T08:32:18.887+08:00CIMB Daybreak - 24 April 2015CIMB Daybreak - 24 April 2015
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IREKA (8834), NCB (5509), CCB (2925), GHLSYS (0021), MAHSING (8583), ECOWLD (8206), MUHIBAH (5703), SKPETRO (5218),<br />
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<li class="rss-item"><a class="rss-item" href="http://winstocks.blogspot.com/search/label/CIMB%20Daybreak" target="_blank">Utusan sells stake in Swan for RM32mil</a><br /><span class="rss-date">April 24, 2015 11:43:00 am</span><br />Utusan
Melayu (M) Bhd is selling its entire 40% stake in Swan Malaysia Sdn Bhd
to Schwan-Stabilo Schwanhauser Finanzholding GMBH for RM31.8m.
(StarBiz)Source: CIMB Daybreak - 24 April 2015...</li>
<li class="rss-item"><a class="rss-item" href="http://winstocks.blogspot.com/search/label/CIMB%20Daybreak" target="_blank">Gadang gets shareholder nod to buy land in Semenyih</a><br /><span class="rss-date">April 24, 2015 11:42:00 am</span><br />Gadang
Holdings Bhd has obtained shareholders' approval for its proposal to
buy 25.43 ha of freehold land in Semenyih from Sementar Properties Sdn
Bhd for RM95.8m in cash. Managing director Ling Hock Hing told Bernama
the acquisition by its indirect wholly-owned subsidiary Crimson Villa
Sdn Bhd would enable Gadang to build a mixed development of residential
units and shop offices.“This project is targeted to be launched by
end-2015 with a minimum estimated gross development value of RM450m, and
we are looking to increase the value," he said after the company’s EGM
here yesterday. (StarBiz) Source: CIMB Daybreak - 24 April 2015...</li>
<li class="rss-item"><a class="rss-item" href="http://winstocks.blogspot.com/search/label/CIMB%20Daybreak" target="_blank">“Possible irregularities” found in Scanwolf Bhd's projects</a><br /><span class="rss-date">April 24, 2015 11:42:00 am</span><br />Scanwolf
Bhd has appointed PKF Covenant to conduct an investigative review on
the group following the discovery of possible irregularities in
implementing several development projects. In a filing with Bursa
Malaysia, the plastics and property industry player said the appointment
was based on the findings of “insufficient measures, severe
discrepancies and possible irregularities in the implementation of the
development projects." These were discovered during a review over the
management, operation and practice of certain projects and their
contract management processes. “These findings have prompted concerns of
the board of directors of Scanwolf about the possible lapses in
corporate governance in these projects as well as the group’s other
activities,” it said. (Starbiz)Source: CIMB Daybreak - 24 April 2015...</li>
<li class="rss-item"><a class="rss-item" href="http://winstocks.blogspot.com/search/label/CIMB%20Daybreak" target="_blank">Top execs remand for 3 days, no impact on business: Icon Offshore</a><br /><span class="rss-date">April 24, 2015 11:41:00 am</span><br />Icon
Offshore does not expect the remand of its CEO and COO to have any
financial or operational impact to the group. In reply to Bursa Malaysia
query, it said this is because its deputy CEO Captain Hassan Ali
continues to be responsible for the day-to-day management of the company
as well as the coordination of the administrative and business
activities of the group. “In the absence of the CEO, Capt Hassan, as the
deputy CEO, has assumed the functions of the CEO with effect from 22
Apr, in addition to his existing responsibilities.In light of the
development, our company has engaged our stakeholders, namely our
customers and lenders, to appraise them of the matter and at the same
time, provide assurance to our stakeholders that it is business as usual
for our group under the stewardship of our deputy CEO,” it said. On the
duration of the remand, the company said it had been informed by the
legal counsel representing the CEO and COO that it is for three days
until 24 Apr. (Star) Source: CIMB Daybreak - 24 April 2015...</li>
<li class="rss-item"><a class="rss-item" href="http://winstocks.blogspot.com/search/label/CIMB%20Daybreak" target="_blank">Thumbs up for CLIQ’s Kazakhstan oil field acquisition</a><br /><span class="rss-date">April 24, 2015 11:41:00 am</span><br />CLIQ
Energy's proposed acquisition of a 51% stake in a special purpose
vehicle (SPV) in Kazakhstan for US$117.3m (RM426.5m) is “fair and
reasonable”, according to Deloitte Corporate Advisory Services Sdn Bhd,
an independent valuation expert appointed for the purchase. CLIQ, a
special purpose acquisition company which aspires to become a global
exploration and production firm, had earlier proposed to acquire two
oil-producing blocks in the Karazhanbas Northern Field concession area
from Phystech Firm LLP. CLIQ said Deloitte estimated the range of fair
market values of the 51% equity interest to be between US$112.6m and
US$124.4m. The SPV will later seek a listing on the Kazakhstan Stock
Exchange. (Star)Source: CIMB Daybreak - 24 April 2015...</li>
<li class="rss-item"><a class="rss-item" href="http://winstocks.blogspot.com/search/label/CIMB%20Daybreak" target="_blank">Ireka sees early 2015 Aseana investment returns</a><br /><span class="rss-date">April 24, 2015 11:39:00 am</span><br />Aseana
Properties Ltd, a London-listed property developer in which Ireka Corp
Bhd has a 23% stake, plans to sell off some of its property assets and
return capital to shareholders as early as this year, said Ireka group
MD Lai Voon Hon. The proposal is pending the approval from Aseana's
shareholders at the forthcoming EGM in June this year. He expects Ireka
to realise some of the capital returns from its investment in Aseana
over the next few years when the latter begins to dispose of some of its
property assets. (Financial Daily)Source: CIMB Daybreak - 24 April
2015...</li>
<li class="rss-item"><a class="rss-item" href="http://winstocks.blogspot.com/search/label/CIMB%20Daybreak" target="_blank">Khazanah firm on its turnaround plan for MAS</a><br /><span class="rss-date">April 24, 2015 11:37:00 am</span><br />Khazanah
Nasional Bhd, the owner of Malaysia Airlines, is firm on its decision
to reduce the number of the airline’s employees by 6,000 people, even as
it gives more time to incoming chief executive officer (CEO) Christoph
Mueller to choose his team. The plan to retrench more than 25% of MAS’
workers is being protested by the airline’s workers’ unions.
(StarBiz)Source: CIMB Daybreak - 24 April 2015...</li>
<li class="rss-item"><a class="rss-item" href="http://winstocks.blogspot.com/search/label/CIMB%20Daybreak" target="_blank">Kontena Nasional Bhd turnaround seen by mid-2016</a><br /><span class="rss-date">April 24, 2015 11:37:00 am</span><br />NCB
Holdings Bhd’s unit, Kontena Nasional Bhd (KNB), is expected to break
even and turn around by middle of 2016, said group MD Abi Sofian Abdul
Hamid. He said the loss-making logistics and haulage unit of NCB, which
had undergone an intensive business restructuring and remodelling
beginning November 2014, had shown some positive results.“KNB’s losses
in financial year 2013 was at RM70m and in 2014 we managed to bring it
down to about RM55m,” Abi Sofian told Bernama. He said among the actions
taken was to cease operations of its non-core cross-border business,
giving more focus on strengthening its core competency of container
haulage and increase asset utilisation. “With assets of 350 prime movers
and more than 1,000 trailers, in the last three months, KNB has managed
to increase its asset utilisation from 50% to 70%,” he said. On the
group’s prospects this year, Abi Sofian said he was confident it would
be positive following a good performance of its other unit, Northport
Corp Bhd, besides the improvement made in KNB. (Starbiz) Source: CIMB
Daybreak - 24 April 2015...</li>
<li class="rss-item"><a class="rss-item" href="http://winstocks.blogspot.com/search/label/CIMB%20Daybreak" target="_blank">Big profit jump for Mercedes dealer Cycle & Carriage Bintang</a><br /><span class="rss-date">April 24, 2015 11:36:00 am</span><br />Cycle
& Carriage Bintang Bhd was off to a good start in 2015, with net
profit for the first quarter ended March 31 rising 271% year-on-year to
RM6.64m on revenue of RM263.12m. The country’s largest dealer of
Mercedes-Benz motor vehicles attributed the profit jump to a moderation
in margin pressure. “Overall consumer confidence softened in the first
quarter of the year due to the uncertainties surrounding the
implementation of the goods and services tax in April 2015, the
weakening of the ringgit and the fall in crude oil prices,” the company
told Bursa Malaysia on Thursday . (Starbiz)Source: CIMB Daybreak - 24
April 2015...</li>
<li class="rss-item"><a class="rss-item" href="http://winstocks.blogspot.com/search/label/CIMB%20Daybreak" target="_blank">Edra Global Energy is seeking a new promoter to take over from 1MDB?</a><br /><span class="rss-date">April 24, 2015 11:35:00 am</span><br />Edra
Global Energy Bhd is seeking a new promoter to take over from 1MDB and
undertake the former's listing, said sources, adding that a Middle
Eastern consortium might be interested. Bringing in a new promoter to
lead the listing exercise means 1MDB will first dispose of most, if not
all, of its stake in Edra to another party that will in turn take Edra
for listing. (Financial Daily) Source: CIMB Daybreak - 24 April 2015...</li>
<li class="rss-item"><a class="rss-item" href="http://winstocks.blogspot.com/search/label/CIMB%20Daybreak" target="_blank">1MDB's absence at Invest Malaysia 2015 is a huge letdown</a><br /><span class="rss-date">April 24, 2015 11:34:00 am</span><br />1MDB's
absence at Invest Malaysia 2015 is a huge letdown as most of investors'
negative perceptions of Malaysia stem from the debt-laden strategic
development company, said CIMB Group Holdings Bhd chairman Datuk Seri
Nazir Razak. "1MDB is not a systemic issue, but I don't think it is
helpful that 1MDB is not here, I don't know the reason. It declined to
participate and I'm disappointed because it would have been an important
element of Invest Malaysia, given the backchatter on the topic". Datuk
Seri Nazir made these remarks to reporters on the sidelines during
Invest Malaysia yesterday. (Financial Daily) Source: CIMB Daybreak - 24
April 2015...</li>
<li class="rss-item"><a class="rss-item" href="http://winstocks.blogspot.com/search/label/CIMB%20Daybreak" target="_blank">GHL Systems signed TPA services agreement with CIMB Bank</a><br /><span class="rss-date">April 24, 2015 11:31:00 am</span><br />GHL
Systems Bhd, which has just signed a third-party acquisition (TPA)
services agreement with CIMB Bank Bhd, aims to acquire 3,000 to 4,000
merchants on behalf of the bank in the first year. The payment service
provider said in a statement that it would enable the merchants to
accept payments from the various international card associations. The
deal represents GHL’s first TPA agreement with a Malaysian bank.
(Starbiz)Source: CIMB Daybreak - 24 April 2015...</li>
<li class="rss-item"><a class="rss-item" href="http://winstocks.blogspot.com/search/label/CIMB%20Daybreak" target="_blank">Airasia Leases Aircraft For US$1.920 Million To Airasia India</a><br /><span class="rss-date">April 24, 2015 11:29:00 am</span><br />AirAsia
Bhd has entered into an agreement to lease its Airbus A320-200 aircraft
with the serial number MSN 4070 for six months to AirAsia (India) Pte
Ltd for US$1.92m (US$320,000/month) on 23 April 2015. AirAsia had
previously entered into two other leasing transactions with AirAsia
India in relation to aircraft, with serial numbers MSN 5824 (from 11
December 2014) and MSN 3448 (from 23 January 2015), said AirAsia in its
filing to Bursa Malaysia. It said AirAsia India is expected to pay
US$19.849m for MSN 5824 over a 60-month period (US$330,825/month), and
US$10.033m for MSN 3448 over 36 months (US$278,688/month). (Bursa
Malaysia)Source: CIMB Daybreak - 24 April 2015...</li>
<li class="rss-item"><a class="rss-item" href="http://winstocks.blogspot.com/search/label/CIMB%20Daybreak" target="_blank">Mah Sing's hungry</a><br /><span class="rss-date">April 24, 2015 11:29:00 am</span><br />Armed
with unbilled sales of RM5.3bn, zero gearing and cash of RM1.4bn, Mah
Sing Group Bhd is on the prowl for suitable land bank and joint ventures
(JVs) with the Government on the development of its land in the Klang
Valley. Group managing director Tan Sri Leong Hoy Kum said the group had
been building up its war chest in preparation of bigger things and was
on the lookout for bigger investments, especially in prime areas in the
city. “Cash is king, and it is moments of crisis that we see
opportunities. We are ready to take advantage of opportunities,” Leong
said. (StarBiz) Source: CIMB Daybreak - 24 April 2015...</li>
<li class="rss-item"><a class="rss-item" href="http://winstocks.blogspot.com/search/label/CIMB%20Daybreak" target="_blank">Eco World targets to list firm’s SPAC in 3Q15</a><br /><span class="rss-date">April 24, 2015 11:27:00 am</span><br />Eco
World Development Group Bhd chairman Tan Sri Liew Kee Sin is targeting
to list the firm’s special purpose acquisition company (SPAC) in the
third quarter of this year, pending an approval from the Securities
Commission (SC). “There are many regulations we have to follow. We are
the pioneer in the property SPAC space, it is very challenging but we
hope to receive the approval from the SC in June this year,” he said.
The SPAC (Eco World International Bhd), which Eco World Development will
own a 30% stake, was reportedly looking to raise RM1.87bn from
investors. (StarBiz) Source: CIMB Daybreak - 24 April 2015...</li>
<li class="rss-item"><a class="rss-item" href="http://winstocks.blogspot.com/search/label/CIMB%20Daybreak" target="_blank">Muhibbah eyes RM1bil worth of jobs in Pengerang</a><br /><span class="rss-date">April 24, 2015 11:27:00 am</span><br />Muhibbah
Engineering (M) Bhd is tendering for RM1bn worth of jobs in Pengerang,
Johor to bolster its current order book of RM2.05bn, made up mostly of
infrastructure, oil and gas and port projects. Group finance director
Shirleen Lee said the group was tendering for the Refinery and
Petrochemical Integrated Development (Rapid) contracts and it was also
planning to bid for the Mass Rapid Transit 2 (MRT2) line contracts. “It
would take some time for the contract to be awarded. It could be between
the end of this year and early next year,” she said.
(StarBiz) Source: CIMB Daybreak - 24 April 2015...</li>
<li class="rss-item"><a class="rss-item" href="http://winstocks.blogspot.com/search/label/CIMB%20Daybreak" target="_blank">SapuraKencana to be reinstated in SC shariah-compliant list?</a><br /><span class="rss-date">April 24, 2015 11:24:00 am</span><br />SapuraKencana
Petroleum has submitted its application to the Securities Commission
(SC) to be reinstated in the shariah-compliant list, p resident and
group CEO Tan Sri Shahril Shamsuddin said to reporters after the
company’s presentation at Invest Malaysia. The company recently
converted US$2.3bn of its conventional loans into Malaysia’s largest
Islamic facility with no change in terms and rates and at a minimum
paperwork charge. SapuraKencana was dropped from the list in the SC's
Nov 2014 review. Please refer to our note from the company's
presentation at Invest Malaysia. From May 2, employers renewing foreign
worker permits need not pay RM35 for MyEG services, said Datuk Dr Wee Ka
Siong. The Minister in the Prime Minister's Department said the Cabinet
decided this two days ago. According to him, the Government would bear
the cost by paying MyEG their service fee from the RM125 levy collected
from employers. Dr Wee also said that over-the-counter renewals at
Immigration departments would be continued. (StarBiz)Please refer to our
note for further details. Source: CIMB Daybreak - 24 April 2015...</li>
Unknownnoreply@blogger.comtag:blogger.com,1999:blog-25058915.post-70032087656201198262015-04-07T14:05:00.001+08:002018-12-04T08:41:38.024+08:00Stocks With Momentum - MCT, Ingenco, Faber, Cycle & Carriage, APFT, Pestech, EA Technique, LFE Corp, Kawan Food, FSBMStocks With Momentum - MCT, Ingenco, Faber, Cycle & Carriage, APFT, Pestech, EA Technique, LFE Corp, Kawan Food, FSBM<br />
<a name='more'></a><br />April 7, 2015 : 1:08 PM MYT <br /><br />KUALA LUMPUR (April 7): theedgemarkets.com has highlighted 10 stocks with momentum at afternoon market close today. Only one of the stock show positive momentum while nine show negative momentum.<br /><br />Stocks with positive momentum are:<br /><br />MCT Bhd (fundamental: 1.65; valuation: 0.3) down three sen or 2.26% at RM1.30.<br /><br />Stocks with negative momentum are:<br /><br />Ingenuity Consolidated Bhd (fundamental: 0.95; valuation: 0.9) dropped half a sen or 5.26% at nine sen.<br /><br />Faber Group Bhd (fundamental:2.1; valuation: 1.1) gained five sen or 1.49% at RM3.41.<br /><br />Cyber & Carriage Bintang Bhd (fundamental: 1.7; valuation: 2) was unchanged at RM2.02.<br /><br />APFT Bhd (fundamental:0.2; valuation:0.3) traded unchanged at 19.5 sen.<br /><br />Pestech International Bhd (fundamental:0.9; valuation:0.7) up seven sen or 1.37% to trade at RM5.17.<br /><br />E.A. Technique (M) Bhd (fundamental: N/A; valuation: N/A) gained two sen or 3.2% at 64.5 sen.<br /><br />LFE Corporation Bhd (fundamental: 0.15; valuation: 0.8) inched up 1.5 sen or 7.69% at 21 sen.<br /><br />Kawan Food Bhd (fundmanental: 3; valuation: 1.1) climbed four sen or 2.14% to trade at RM1.91.<br /><br />FSBM Holdings Bhd (fundamental: 1.35; valuation: 0.3) rose two sen or 6.06% at 35 sen.<br /><br />The list of stocks with momentum is generated using a proprietary mathematical algorithm highlighting stocks with a build-up in trading volume and price. The algorithm differentiates between stocks that exhibit positive (+ve) momentum and negative (-ve) momentum.<br /><br />This list is not a buy or sell recommendation. It merely tells you which stocks are seeing higher than normal volume and price movements. The share price may move up or down from this point. But the "+ve" (suggesting a rising price trend on volume) and "-ve" (suggesting a falling price trend on volume) indicators should give readers a better idea of what the market is buying and when to sell. Note also that momentum generally only persists for a short period of time.<br /><br />However, each stock has an accompanying fundamental score and valuation score to help readers evaluate the attractiveness of the stocks, if they want to ride the momentum. <br /><br />(Notes: The Edge Research's fundamental score reflects a company's profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)<br /><br />
http://www.theedgemarkets.comUnknownnoreply@blogger.com