永美达,股海中的弱股之一,未来的强势股。 PE:7.90
被认知为国际性的钢铁厂家
业务:1. 钢铁产品生产和贸易
2. 工业机器生产和制造
3. 资讯工艺的供应与分销
永美达的业务遍布至亚洲和欧洲等国家,尤其是中东石油产油国。
主要原因是:因为永美达自身生产钢铁管(用途在石油和天然气输送等业务)
例子:曾在苏丹与也门协助设立钢铁厂(工程)\
有关大股东拿督吴清发同时控制另一家钢铁上市公司,即荣达钢铁(LSTEEL,9881)
成功开发棕果纤维油厂榨取设施(PFOE)
每宗红棕果纤维油厂榨取设施售价介于800万至1千200万令吉,视客户的需求而定。
有关设施每日可处理最高360吨的棕果纤维,经证实可从棕果纤维榨取额外0.6%的原棕油。
利好:从2005年季度报告到至今,永美达只有在2014年内蒙受约277万令吉,其余10年都有赚取盈利。
Sales Revenue: RM64,419,000增长至RM79,660,000(+23.66%)
这证实了自2014年后有关该公司所销售的产品需求增加,使到该公司业绩转亏为盈。
Cash and cash equivalents:RM1,573,000增长至RM2,118,000 (+34.65%)
有关资产多年未被重估。(有关土地及资产全部都是Freehold的。)
Total Liabilities: RM64,524,000增长至RM78,436,000 (+21.56%)
30大股东共持有该公司84.005%的股权。
Operational Review (2015 Annual Report)
The decrease in revenue from machinery and equipment division was mainly by the lower crude palm oil (CPO) price in year 2014. Even with the historical correlation and the decoupling between crude oil and CPO prices no longer applied, CPO prices recovery is mainly influenced by the demand and supply fundamentals.
原棕油库存连续四个月减少。
Improved margin from the steel products and trading activity segment mainly contributed by the higher revenue coupled with lower production cost. Within our country, the implementation of Goods and Service Tax (GST), a non-competitive electricity tariffs, Ringgit weakening, impact from minimum wages and higher cost of foreign workers recruitment have attributed directly to inflationary pressure thus weakening the domestic economic growth. At the international front, our steel product pricing is impacted by cheaper importation of steel raw material and finished product with the further liberalization of market access through the Free Trade Agreements which enable easier and cheaper inflow of foreign steel products.
尽管在总多不好因素的环境下,该公司依然能赚取盈利,就代表有关公司领导层的管理佳。
The significant drop of international crude oil price from above USD100 down-to USD50 per barrel range is expected to further impact CPO pricing. This directly contributes to lower demand from B10 implementation, which is a blend of 10% palm methyl ester and 90% petroleum diesel. This has impacted CPO pricing and the capability of our potential customers or palm millers to invest on our solvent extraction plants. The Group shall proactively venture into other business opportunities mainly in palm oil biomass industry to realize its long term strategic business plan. The Group shall leverage on its existing palm oil downstream of promoting biomass for high-value downstream activities such as in bioenergy and biofuel to cushion the potential impact on our existing core business.
Commentary of prospects
Notwithstanding the current global business environment, the Board of Directors of Eonmetall anticipates the performance of the Group for the financial year 2016 to be encouraging given the increase in demand for racking and machinery.
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Created by InvestFA | Mar 19, 2016
Hiu Chee Keong
Not quite confident at steel at the moment, as just read the news that megasteel cannot afford to pay their workers, now only pay them half the salary. Workers ask for VSS instead, but the management say they has no money to do VSS.
2016-04-13 21:23