Kulim (KULIM, 2003, board cultivation group) received several companies to corporate and commercial arrangements, Kulim in evaluating the proposals will be announced when appropriate.
Kulim in answer exchange company has received inquiries about the proposed offer to acquire Papua New Guinea, New Britain Palm Oil (NBPOL) lead the company's equity made the answer.
Kulim said that its own companies, in addition to NBPOL, there are Kentucky Fried Chicken (KFC, 3492, board and trade services group), QSR Brands (QSR, 9415, board and trade services group) and so on, and continue to make all parties received 3 business and commercial arrangements, this company is expected to increase in shareholder value, assessing the Jian Yi, once any proposal has for precision inspection, or demand the company Board of Directors approved, will make timely publication.
Wednesday, August 18, 2010
130 000 000 signed purchase Borcos shipping up to 40% ‧ Ocean Engineering 2.0 billion bid for next year
Dayang Enterprise (DAYANG, 5141, board and trade services group) look at next year's bid for 4 to 8 about 20 million ringgit worth of contracts, and plans to purchase another 10 vessels by 2012 only.
Up to foreign enterprises in China will focus on contracts for the time being will not tender an overseas project.
Dayang Enterprise Wednesday (September 9) announced that 32.08 million ringgit to 100 million cost of AWH Equity Holdings Sdn Bhd to acquire Borcos Shipping Pte Ltd 40%.
With this acquisition, up to foreign businesses from 11 am to suspend stock trading, shares rose 10 cents at one time to 46 sen of RM1, suspension of trading before the last trading price of 40 sen of RM1, rose 4 cents, midday resumption , price momentum less, 39 cents to close at RM1 hanging, rose 3 cents a day.
Dayang Enterprise managing director Tengku Yusof said after the signing ceremony in the acquisition, the company will bid for 4 to 8 next year, local contract, worth 2.0 billion ringgit.
In addition, the company also plans in 2012 from the original five vessels increased to 15.
He said: "The foreign companies have been completed up to 1.2 billion ringgit worth of contracts, currently holds 700 million ringgit in order to meet a busy 2012."
Early in December to open large shareholders
On the other hand, he said the company will be held early in December large shareholders to seek shareholder proposals through the acquisition of Borcos shipping, and taking into account the acquisition will be completed by year end.
"As the company holding a 100 million ringgit in cash flow, this 20% will be paid in cash, the remaining 80% and borrow."
Tengku Yusof said that through this acquisition program can be expanded up to foreign companies in the oil and gas industry's growing availability of development activities, and offshore shipping services provider dedicated work of integration. It can also participate in major marine transportation and support services companies.
"At present, foreign enterprises only have up to 5 boats, but it has more than 33 Borcos shipping vessels. Here, the strategic acquisition will create synergies with complementary business up to foreign businesses."
He said, Borcos shipping seized in 2010 provided 65 million ringgit after-tax profit guarantee, up to a 40% stake in foreign companies will help the strong profit performance.
Asked to expand their business plans to Brunei, he said, is still in the preliminary stages of negotiation, it is estimated the next 6 months there will be results.
Borcos shipping or for horse-share listed
Borcos Shipping Pte Ltd may seek in Malaysia Stock Exchange.
Dayang Enterprise chairman Datuk Wan Ali Wan Hamzah said after the signing ceremony in the acquisition, Borcos shipping orders since the total value of 300 million ringgit, and in the after-tax profit of 48 million made last year, the ringgit, but the listing will depend on City status.
He said: "Companies listed on the original plans in 2005, but not good for the market but do stop, switch to another way of funding."
With the current market situation, up to foreign enterprises do not rule out the resumption of the listing.
Wan Ali Wan Hamzah said the company management, including crew boats, security guard ships, special vessels offshore work, the port tugs, general craft, air boats, landing craft and general-purpose vessels.
6 vessels to receive year-end
6 vessels to receive year-end addition to the above 33 vessels, the up to foreign companies this year-end account to receive six vessels, including two general-purpose boats, and four private boats offshore work, namely, from now until the year -end delivery.
He said another project for the deep sea, equipped with dynamic positioning capabilities of the dedicated work of two offshore vessels, currently under construction which, total delivery in 2011.
Set up 28 years of Borcos shipping, is the second largest private shipping work offshore suppliers, specifically for the offshore oil and gas industry to provide maritime transport and support services. Currently, Borcos shipping operations in the Middle East, but in the domestic market is also occupied a great rate.
Up to foreign enterprises in China will focus on contracts for the time being will not tender an overseas project.
Dayang Enterprise Wednesday (September 9) announced that 32.08 million ringgit to 100 million cost of AWH Equity Holdings Sdn Bhd to acquire Borcos Shipping Pte Ltd 40%.
With this acquisition, up to foreign businesses from 11 am to suspend stock trading, shares rose 10 cents at one time to 46 sen of RM1, suspension of trading before the last trading price of 40 sen of RM1, rose 4 cents, midday resumption , price momentum less, 39 cents to close at RM1 hanging, rose 3 cents a day.
Dayang Enterprise managing director Tengku Yusof said after the signing ceremony in the acquisition, the company will bid for 4 to 8 next year, local contract, worth 2.0 billion ringgit.
In addition, the company also plans in 2012 from the original five vessels increased to 15.
He said: "The foreign companies have been completed up to 1.2 billion ringgit worth of contracts, currently holds 700 million ringgit in order to meet a busy 2012."
Early in December to open large shareholders
On the other hand, he said the company will be held early in December large shareholders to seek shareholder proposals through the acquisition of Borcos shipping, and taking into account the acquisition will be completed by year end.
"As the company holding a 100 million ringgit in cash flow, this 20% will be paid in cash, the remaining 80% and borrow."
Tengku Yusof said that through this acquisition program can be expanded up to foreign companies in the oil and gas industry's growing availability of development activities, and offshore shipping services provider dedicated work of integration. It can also participate in major marine transportation and support services companies.
"At present, foreign enterprises only have up to 5 boats, but it has more than 33 Borcos shipping vessels. Here, the strategic acquisition will create synergies with complementary business up to foreign businesses."
He said, Borcos shipping seized in 2010 provided 65 million ringgit after-tax profit guarantee, up to a 40% stake in foreign companies will help the strong profit performance.
Asked to expand their business plans to Brunei, he said, is still in the preliminary stages of negotiation, it is estimated the next 6 months there will be results.
Borcos shipping or for horse-share listed
Borcos Shipping Pte Ltd may seek in Malaysia Stock Exchange.
Dayang Enterprise chairman Datuk Wan Ali Wan Hamzah said after the signing ceremony in the acquisition, Borcos shipping orders since the total value of 300 million ringgit, and in the after-tax profit of 48 million made last year, the ringgit, but the listing will depend on City status.
He said: "Companies listed on the original plans in 2005, but not good for the market but do stop, switch to another way of funding."
With the current market situation, up to foreign enterprises do not rule out the resumption of the listing.
Wan Ali Wan Hamzah said the company management, including crew boats, security guard ships, special vessels offshore work, the port tugs, general craft, air boats, landing craft and general-purpose vessels.
6 vessels to receive year-end
6 vessels to receive year-end addition to the above 33 vessels, the up to foreign companies this year-end account to receive six vessels, including two general-purpose boats, and four private boats offshore work, namely, from now until the year -end delivery.
He said another project for the deep sea, equipped with dynamic positioning capabilities of the dedicated work of two offshore vessels, currently under construction which, total delivery in 2011.
Set up 28 years of Borcos shipping, is the second largest private shipping work offshore suppliers, specifically for the offshore oil and gas industry to provide maritime transport and support services. Currently, Borcos shipping operations in the Middle East, but in the domestic market is also occupied a great rate.
Xinduo La 14.38 million sale of debt relief ship
Xinduo La (SINDORA, 6106, board of industrial products group) sold off nearly 14.38 million ringgit a liquefied natural gas vessels, the release of funds of about 10.33 million ringgit will be used to reduce the loan, the balance as working capital.
Xinduo La-fat message that the subsidiary EA Technique (M) Sdn Bhd (EAT) to about 14.38 million ringgit off sale of liquefied natural gas vessels to repay the loan and as working capital.
It projects that in Q4 of this year to complete.
The disposal program is part of the vessel Xin Duola updated plan to sell off the older ships. The disposal also to EAT to focus on other profitable business better.
Xinduo La-fat message that the subsidiary EA Technique (M) Sdn Bhd (EAT) to about 14.38 million ringgit off sale of liquefied natural gas vessels to repay the loan and as working capital.
It projects that in Q4 of this year to complete.
The disposal program is part of the vessel Xin Duola updated plan to sell off the older ships. The disposal also to EAT to focus on other profitable business better.
Ellis strong scientific and technological cooperation in the domain
Eric Williams (IRIS, 0010, GEM Technology Group) announced QUANTUM PERSISTENT Resources signed a memorandum of understanding to jointly prevent the strong forensic and scientific and technological cooperation project to pave the way domain.
Ellis issued a statement that the memorandum of understanding is mainly to promote bilateral cooperation in fields involving technology, including quantum continuous reflection (QPR) related research and development and commercial development.
Quantum continued to use the solar energy reflection technology of electricity, desalinated water, Dong and boil water, and the production and promotion of production of environmentally
Ellis issued a statement that the memorandum of understanding is mainly to promote bilateral cooperation in fields involving technology, including quantum continuous reflection (QPR) related research and development and commercial development.
Quantum continued to use the solar energy reflection technology of electricity, desalinated water, Dong and boil water, and the production and promotion of production of environmentally
yed Mokhtar's Foundation join hands with India ‧ 490 亿 46% share of Kuwait Zain Telecommunications
Malaysia's indigenous entrepreneurs 丹斯里赛莫达 of al-Bukhari Group, a consortium with Indian partners, together with 14 billion U.S. dollars (about RM 49 billion pounds) acquisition of listed mobile telecommunications company Zain Kuwait's 46% stake in telecommunications .
al-Bukhari Group of the Indian partners, including India's state-run telecom service provider-Bharat Sanchar Nigam (BSNL), Mahanagar Telephone Nigam Vavasi Telecom Group Company and is expected the acquisition will be completed within 4 months into.
Zain is the UAE's largest mobile telecommunications
Zain Telecom is the largest mobile telecommunications company United Arab Emirates, Middle East and Africa in 23 countries with 65 million mobile phone users. As of this week two (Sept. 8), this company's market capitalization of 230 billion (about 80.5 billion ringgit).
The company's largest private shareholder - Viagra Rafi Group Chief Executive Officer of Bali Diais may Rafi said at a press conference earlier, according to the provisions of Kuwait Stock Exchange, the acquisition will be a one-off models paid. Kuwait Investment Company responsible for the national arrangements for the equity transaction.
He said the deal KD 2 per share (about 7 U.S. dollars), about the current market price per share Zain Telecom 1.5 dinars (about 5.2 U.S. dollars).
The Government of Kuwait holds 24.6% stake in Zain Telecom, which paid-up capital of 400 million 27.5 million Kuwaiti dinars (about 1.4 billion 90 million U.S. dollars).
He said, Zain Telecom's 46% stake of about 20 million shares, if the price of 2 dinars per share, the total purchase price was 3.9 billion, 33 million dinars, or equal to 13.7 billion U.S. dollars.
"46% stake to a controlling interest, as this company of which 10% of the shares held by the Company Board of Directors, and no shares of voting stock."
Last week, shareholders voted in favor of this right of cancellation of foreign ownership restrictions to allow foreigners to hold majority controlling interest.
Bali Diais may Rafi said the company believes that this is a good opportunity to sell shares back, but buyers and sellers of the transaction are profitable, their place.
July 9 this year, since the news that Zain telecommunications market shares may change hands a message to share around Going up 53%. India and Malaysia currently 46% stake in the consortium in their respective shareholding allocations, it is not clear.
al-Bukhari Group of the Indian partners, including India's state-run telecom service provider-Bharat Sanchar Nigam (BSNL), Mahanagar Telephone Nigam Vavasi Telecom Group Company and is expected the acquisition will be completed within 4 months into.
Zain is the UAE's largest mobile telecommunications
Zain Telecom is the largest mobile telecommunications company United Arab Emirates, Middle East and Africa in 23 countries with 65 million mobile phone users. As of this week two (Sept. 8), this company's market capitalization of 230 billion (about 80.5 billion ringgit).
The company's largest private shareholder - Viagra Rafi Group Chief Executive Officer of Bali Diais may Rafi said at a press conference earlier, according to the provisions of Kuwait Stock Exchange, the acquisition will be a one-off models paid. Kuwait Investment Company responsible for the national arrangements for the equity transaction.
He said the deal KD 2 per share (about 7 U.S. dollars), about the current market price per share Zain Telecom 1.5 dinars (about 5.2 U.S. dollars).
The Government of Kuwait holds 24.6% stake in Zain Telecom, which paid-up capital of 400 million 27.5 million Kuwaiti dinars (about 1.4 billion 90 million U.S. dollars).
He said, Zain Telecom's 46% stake of about 20 million shares, if the price of 2 dinars per share, the total purchase price was 3.9 billion, 33 million dinars, or equal to 13.7 billion U.S. dollars.
"46% stake to a controlling interest, as this company of which 10% of the shares held by the Company Board of Directors, and no shares of voting stock."
Last week, shareholders voted in favor of this right of cancellation of foreign ownership restrictions to allow foreigners to hold majority controlling interest.
Bali Diais may Rafi said the company believes that this is a good opportunity to sell shares back, but buyers and sellers of the transaction are profitable, their place.
July 9 this year, since the news that Zain telecommunications market shares may change hands a message to share around Going up 53%. India and Malaysia currently 46% stake in the consortium in their respective shareholding allocations, it is not clear.
Nestle, Hershey and Kraft wants to eat Cadbury
World's second largest confectionery group Cadbury Schweppes UK (Cadbury) earlier had refused to Kraft Foods Inc. (Kraft) takeover proposal, and now came Nestle (Nestle) and Hershey (Hershey) two companies are also interested to buy.
Cadbury confectionery industry scramble overnight become the subject of worth in this company is expected to rise to 210 billion dollars.
Shares surge
Cadbury market capitalization of 17.5 billion U.S. dollars
Kraft earlier acquisition of Cadbury bid 16.7 billion U.S. dollars, to build a global retail, confectionery and fast food giant, but rejected Cadbury to price too low.
Cadbury share price soared 38% on the 7th, the market reached 17.5 billion U.S. dollars, exceeding Kraft's offer, indicating investors expect the industry to improve Kraft purchase price or other code. Cadbury 8 disk prices continue to rise 2.6%, 803 pence per share.
According to Evolution Securities, Panmure Gordon Capital Corporation and Gai Pule City Corporation (Kepler) said the world's largest food industry may hinder competitors Nestle Kraft's acquisition plans, and one way is to buy and carve up an alliance with Cadbury Hershey , received by the Nestle Cadbury's gum business, Hershey chocolate business is to receive.
The market research industry, according to Euromonitor International (Euromonitor) pointed out that Kraft if successful annexation of Cadbury, the world's candy market rate will have the world's largest confectionery industry Mars (Mars) 15% of the comparable, but Nestle city rate was 7.6%, the Kraft deal, if passed, would be harmful to Nestle.
Hershey will not sit with the M & Cadbury
A familiar Hershey's have also pointed out that Hershey can not sit idly by Kraft or other acquisition of Cadbury with the industry. He said: "Cadbury Hershey as the last one available for the industry mergers and acquisitions of large companies, this may be Kraft's offer to respond."
But the market value of about 8.8 billion acquisition of Cadbury to Hershey, funding may be difficult, this alliance with Nestle on possible election.
Nestle Chief Executive Officer Buck (Paul Bulcke) 7 at a media event, said that any acquisition opportunities consistent with corporate strategies are open.
It is understood that Nestle earliest in January next year will be the system provider Alcon contact lens solution (Alcon) to sell shares of Novartis Pharmaceutical (Novartis), total revenue reached 24 billion U.S. dollars, M & A funds may be source.
Nestle was the high rate of mobile phone
On Cadbury eyeing the industry include Kellogg (Kellogg) and Pepsi (Pepsi Co). But Kraft has said it will restart negotiations to persuade Cadbury.
London Jefferies analyst Bill Lockyer said: "The candy industry consolidation and the wind is nearing completion." Nestle since 2001 of the Lockerbie believes that the high probability of succeeding by Nestle.
But Cadbury declined to comment on whether the acquisition of other companies.
On the other hand, Moody's, Standard & Poor's, reputation ratings are down to watch list included Kraft, the Kraft acquisition of Cadbury, if successful, Kraft will be back more debt which is detrimental to its credit quality.
Cadbury confectionery industry scramble overnight become the subject of worth in this company is expected to rise to 210 billion dollars.
Shares surge
Cadbury market capitalization of 17.5 billion U.S. dollars
Kraft earlier acquisition of Cadbury bid 16.7 billion U.S. dollars, to build a global retail, confectionery and fast food giant, but rejected Cadbury to price too low.
Cadbury share price soared 38% on the 7th, the market reached 17.5 billion U.S. dollars, exceeding Kraft's offer, indicating investors expect the industry to improve Kraft purchase price or other code. Cadbury 8 disk prices continue to rise 2.6%, 803 pence per share.
According to Evolution Securities, Panmure Gordon Capital Corporation and Gai Pule City Corporation (Kepler) said the world's largest food industry may hinder competitors Nestle Kraft's acquisition plans, and one way is to buy and carve up an alliance with Cadbury Hershey , received by the Nestle Cadbury's gum business, Hershey chocolate business is to receive.
The market research industry, according to Euromonitor International (Euromonitor) pointed out that Kraft if successful annexation of Cadbury, the world's candy market rate will have the world's largest confectionery industry Mars (Mars) 15% of the comparable, but Nestle city rate was 7.6%, the Kraft deal, if passed, would be harmful to Nestle.
Hershey will not sit with the M & Cadbury
A familiar Hershey's have also pointed out that Hershey can not sit idly by Kraft or other acquisition of Cadbury with the industry. He said: "Cadbury Hershey as the last one available for the industry mergers and acquisitions of large companies, this may be Kraft's offer to respond."
But the market value of about 8.8 billion acquisition of Cadbury to Hershey, funding may be difficult, this alliance with Nestle on possible election.
Nestle Chief Executive Officer Buck (Paul Bulcke) 7 at a media event, said that any acquisition opportunities consistent with corporate strategies are open.
It is understood that Nestle earliest in January next year will be the system provider Alcon contact lens solution (Alcon) to sell shares of Novartis Pharmaceutical (Novartis), total revenue reached 24 billion U.S. dollars, M & A funds may be source.
Nestle was the high rate of mobile phone
On Cadbury eyeing the industry include Kellogg (Kellogg) and Pepsi (Pepsi Co). But Kraft has said it will restart negotiations to persuade Cadbury.
London Jefferies analyst Bill Lockyer said: "The candy industry consolidation and the wind is nearing completion." Nestle since 2001 of the Lockerbie believes that the high probability of succeeding by Nestle.
But Cadbury declined to comment on whether the acquisition of other companies.
On the other hand, Moody's, Standard & Poor's, reputation ratings are down to watch list included Kraft, the Kraft acquisition of Cadbury, if successful, Kraft will be back more debt which is detrimental to its credit quality.
BJtoto has been ahead of the first quarter dividend
(Kuala Lumpur) Successful lot (BJTOTO, 1562, board and trade services group) generally consistent with results of the first quarter, analysts of dollars in the second half performance will be more rosy; as in the first quarter interim dividend was 19 cents ahead of the previous quarter distribution, equivalent to 238% dividend policy, expected next quarter dividend will tend to be conservative.
Shares subject to incentive
As the lower payout rate, lots of success achieved in the first quarter 100 000 000 452 000 ringgit zero net profit, 8.73% a year higher. Supported by the excellent performance, lots of success, opening with higher stock prices, investors bought into the nozzle, the whole day once 14 cents, or 3.24% higher to 4 ringgit 46 cents, more than 3 weeks for the biggest gain since, closing time hanging 4 ringgit 40 sen, Jan 8 cents.
As in the first quarter of lottery sales according to 5% higher to 800 million 33 million ringgit, but each lottery sales are flat, about to change due to material lottery form. For this reason, only micro-Jan turnover by 0.03% to 800 million 26.165 million ringgit, while the other lead is the Prime Gaming Philippines, lower turnover contribution.
Ahead of the first quarter dividend distributed in July
Lot of success early in the first quarter on July 15 to distribute an interim dividend of 19 cents, and 14 to get a way to distribute treasury shares, equivalent to 30.5 cents per share. The dividend in July 27 transfer.
Lot of success the second half of the Supreme lot of lottery (POWERTOTO6/55), gained 12 times that particular color, the more standard green happens to come into operation, will exceed the first half of the performance, and Q4 is traditionally Strong stability of the season.
Extreme minimum lot lottery prize money of 3 million ringgit, very attractive, material from the 3rd quarter 4th quarter or contribute enough to offset the universal (MAGNUM) launched with a million words per Jackpot (4D) the impact of the game.
In addition, the City keen on the tellers, and numerous successful monopoly lottery game, is taking this business very critical.
CIMB-GK research: outperform
Target price: RM5.95
Successful lot of market share remained stable, ranging from 42 to 43 percent, thanks to the game and become six million words only trading industry; maintained from 2010 to 2012 net profit estimate and weekly income test.
OSK research: buy
Target price: RM4.90
Reduce the numerous successful financial year 2010 and 2011 dividend payout ratio to 31 cents and 35 cents per share, equivalent to 75% of the dividend policy, indicating areas in the dividend is normalized, namely, only the next quarterly distribution of 4 to 6 cents dividend. 2010-2011 financial year net profit estimate was 400 million and 400 million 30.6 million 57.2 million ringgit.
Malaysian studies: buy
Target price: RM5.18
Successful lot of net loans as of April amounted to 300 million 55 million ringgit, while net debt stood at 1.7 times than that, but interest rates still at 41 times the coverage, the annual operating cash flow is also expected between 500 million from 50 million to 600 million ringgit, Week of 7% interest rate is the biggest attraction.
Pacific Securities: buy
Target price: RM5.20
With the new game board, namely, lots of success will be achieved 8% sales growth, maintain fiscal year 2010-2012 forecast 20.1 million to 400 million, 400 million and 500 million 83.9 million 28.6 million ringgit.
ECM Libra study: buy
Target price: RM5.80
Meter lot in the next quarter, the successful distribution of 15.1 cents dividend payout rate of 100% if full year dividend of 34.1 cents dividend yield will reach 7.9%.
MIMB Investment Bank: Buy
Target price: RM5.00
As the success of the first quarter dividend distribution of a large lot in advance, this does not expect the second quarter and 3 quarter dividends are so superior that all Xu as the company's cash flow.
2010 and 2011 fiscal year net profit estimate was 400 million and 400 million 25.5 million 55.6 million ringgit.
Shares subject to incentive
As the lower payout rate, lots of success achieved in the first quarter 100 000 000 452 000 ringgit zero net profit, 8.73% a year higher. Supported by the excellent performance, lots of success, opening with higher stock prices, investors bought into the nozzle, the whole day once 14 cents, or 3.24% higher to 4 ringgit 46 cents, more than 3 weeks for the biggest gain since, closing time hanging 4 ringgit 40 sen, Jan 8 cents.
As in the first quarter of lottery sales according to 5% higher to 800 million 33 million ringgit, but each lottery sales are flat, about to change due to material lottery form. For this reason, only micro-Jan turnover by 0.03% to 800 million 26.165 million ringgit, while the other lead is the Prime Gaming Philippines, lower turnover contribution.
Ahead of the first quarter dividend distributed in July
Lot of success early in the first quarter on July 15 to distribute an interim dividend of 19 cents, and 14 to get a way to distribute treasury shares, equivalent to 30.5 cents per share. The dividend in July 27 transfer.
Lot of success the second half of the Supreme lot of lottery (POWERTOTO6/55), gained 12 times that particular color, the more standard green happens to come into operation, will exceed the first half of the performance, and Q4 is traditionally Strong stability of the season.
Extreme minimum lot lottery prize money of 3 million ringgit, very attractive, material from the 3rd quarter 4th quarter or contribute enough to offset the universal (MAGNUM) launched with a million words per Jackpot (4D) the impact of the game.
In addition, the City keen on the tellers, and numerous successful monopoly lottery game, is taking this business very critical.
CIMB-GK research: outperform
Target price: RM5.95
Successful lot of market share remained stable, ranging from 42 to 43 percent, thanks to the game and become six million words only trading industry; maintained from 2010 to 2012 net profit estimate and weekly income test.
OSK research: buy
Target price: RM4.90
Reduce the numerous successful financial year 2010 and 2011 dividend payout ratio to 31 cents and 35 cents per share, equivalent to 75% of the dividend policy, indicating areas in the dividend is normalized, namely, only the next quarterly distribution of 4 to 6 cents dividend. 2010-2011 financial year net profit estimate was 400 million and 400 million 30.6 million 57.2 million ringgit.
Malaysian studies: buy
Target price: RM5.18
Successful lot of net loans as of April amounted to 300 million 55 million ringgit, while net debt stood at 1.7 times than that, but interest rates still at 41 times the coverage, the annual operating cash flow is also expected between 500 million from 50 million to 600 million ringgit, Week of 7% interest rate is the biggest attraction.
Pacific Securities: buy
Target price: RM5.20
With the new game board, namely, lots of success will be achieved 8% sales growth, maintain fiscal year 2010-2012 forecast 20.1 million to 400 million, 400 million and 500 million 83.9 million 28.6 million ringgit.
ECM Libra study: buy
Target price: RM5.80
Meter lot in the next quarter, the successful distribution of 15.1 cents dividend payout rate of 100% if full year dividend of 34.1 cents dividend yield will reach 7.9%.
MIMB Investment Bank: Buy
Target price: RM5.00
As the success of the first quarter dividend distribution of a large lot in advance, this does not expect the second quarter and 3 quarter dividends are so superior that all Xu as the company's cash flow.
2010 and 2011 fiscal year net profit estimate was 400 million and 400 million 25.5 million 55.6 million ringgit.
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