only bjtoto and bjfood ada analyst coverage.... :) so stingy

bjcorp takda analyst coverage langsung :)

no money to pay dividend but got money to buy bjfood shares :0

BERJAYA CORPORATION BERHAD 23-Dec-2019 Acquired 20,000 0.000 View Detail
BERJAYA GROUP BERHAD 23-Dec-2019 Acquired 20,000 0.000 View Detail
BERJAYA CORPORATION BERHAD 20-Dec-2019 Acquired 220,000 0.000 View Detail
BERJAYA GROUP BERHAD 20-Dec-2019 Acquired 220,000 0.000 View Detail
BERJAYA CORPORATION BERHAD 19-Dec-2019 Acquired 160,000 0.000 View Detail
BERJAYA GROUP BERHAD 19-Dec-2019 Acquired 160,000 0.000 View Detail
BERJAYA CORPORATION BERHAD 18-Dec-2019 Acquired 340,000 0.000 View Detail
BERJAYA GROUP BERHAD 18-Dec-2019 Acquired 340,000 0.000 View Detail
BERJAYA CORPORATION BERHAD 17-Dec-2019 Acquired 49,800 0.000 View Detail
BERJAYA GROUP BERHAD 17-Dec-2019 Acquired 49,800 0.000 View Detail
BERJAYA CORPORATION BERHAD 16-Dec-2019 Acquired 80,200 0.000 View Detail
BERJAYA GROUP BERHAD 16-Dec-2019 Acquired 80,200 0.000 View Detail

Would bjfood be next after caring? :)

At Caring Pharmacy Group Bhd, a total of 18.67 million shares, or 8.58% of its share base, were transacted off market in direct deals at RM2.45 apiece between Dec 4 and 10.

Last month, 7-Eleven Malaysia Holdings Bhd announced its plans to acquire 55.2 million shares, or 25.35% equity interest, in Caring Pharmacy via its subsidiary Convenience Shopping (Sabah) Sdn Bhd, for RM2.60 per share or a total cash consideration of RM143.51 million.

if interested in starbucks in malaysia, can only invest in bjfood? :)

Is Starbucks a franchise in Malaysia?

Yes, Starbucks in Malaysia is NOT a franchise. It's owned by Berjaya & Starbucks International. Well, unfortunately was informed that it only belongs to Berjaya group which is not open to public.

stronger usd is good for bjfood, lower raw material cost, royalty fee, etc. :)

Ringgit closes higher for third consecutive day
| 27 Dec 2019 / 18:33
Ringgit closes higher for third consecutive day
KUALA LUMPUR: The ringgit closed higher for the third consecutive trading day today on optimism of an interim trade deal between the US and China to be signed early next year.

26-Dec-2019 Insider BERJAYA GROUP BERHAD (a substantial shareholder) acquired 20,000 shares on 23-Dec-2019.
26-Dec-2019 Insider JUARA SEJATI SDN BHD (a substantial shareholder) acquired 20,000 shares on 23-Dec-2019.
26-Dec-2019 Insider TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN (a substantial shareholder) acquired 20,000 shares on 23-Dec-2019.
26-Dec-2019 Insider BERJAYA CORPORATION BERHAD (a substantial shareholder) acquired 20,000 shares on 23-Dec-2019.
23-Dec-2019 Insider JUARA SEJATI SDN BHD (a substantial shareholder) acquired 220,000 shares on 20-Dec-2019.
23-Dec-2019 Insider BERJAYA GROUP BERHAD (a substantial shareholder) acquired 220,000 shares on 20-Dec-2019.
23-Dec-2019 Insider BERJAYA CORPORATION BERHAD (a substantial shareholder) acquired 220,000 shares on 20-Dec-2019.
23-Dec-2019 Insider TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN (a substantial shareholder) acquired 220,000 shares on 20-Dec-2019.

Price Target
Date Open Price Target Price Upside/Downside Price Call Source
05/12/2019 1.90 2.00 +0.10 (5.26%) HOLD HLG
02/12/2019 1.94 2.45 +0.51 (26.29%) BUY Rakuten
02/12/2019 1.94 2.45 +0.51 (26.29%) BUY KENANGA
02/12/2019 1.94 2.00 +0.06 (3.09%) HOLD HLG

possible for hong leong bank to acquire affin? too many banks in malaysia nowadays for a population of 29mil excluding foreigners :)

THE Hong Kong-based The Bank of East Asia Ltd (BEA) acquired 105.45 million shares in Affin Holdings Bhd, following the subscription of rights issues on July 11. Tan Sri Quek Leng Chan is BEA’s second largest shareholder with 15.02%, while Spain’s CaixaBank has 16%. Post-acquisition, BEA remained as the second largest shareholder with a 23.52% interest after Lembaga Tabung Angkatan Tentera (LTAT) with 35.18%. The counter closed higher at RM3.62 on July 16, up 13 sen.

affin will rise next year after getting the virtual bank license later? :)

much cheaper for VT to privatise bjfood than caring, market cap is about rm520mil. :)

Market Cap: 520 Million
NOSH: 382 Million
Avg Volume (4 weeks): 291,610
4 Weeks Range: 1.34 - 1.43
4 Weeks Price Volatility (%):
22.22%
52 Weeks Range: 1.28 - 1.81
52 Weeks Price Volatility (%):
15.09%
Average Price Target: 1.75
Price Target Upside/Downside: +0.39

:)

Berjaya Food Holdings - GrabFood Tie Up to Add Starbucks Volumes
Date: 09/10/2019

Stock : BJFOOD Source : HLG
Price Target : 1.85
Last Price : 1.36


We met with Bfood and came away feeling neutral about the group’s prospects going forward. As the meeting yielded no major surprises, we keep our forecasts unchanged. We keep our BUY call and TP of RM1.85 based on an unchanged 25x PE tagged to FY20 EPS of 7.4 sen. While we are optimistic on KRR business strategy of closing high rent locations in favour of small format stores, Bfood’s key value comes from the robust growth of Starbucks Malaysia, which we expect to continue to open 25-30 stores per annum.

We met with Bfood and came away feeling neutral about the group’s prospects going forward.

Starbuck’s GrabFood tie up to add volumes. Bfood shared that Starbucks has recently been made available for sale on GrabFood platform. With approximately 50 stores on the platform, this makes up is 1 in 6 operational Starbucks outlets, as Bfood currently has 300 operational Starbucks outlets. While we understand that orders generated through the platform have thinner margins than orders sold in store (as Grab takes a cut of up to 25% of the sale), we are positive on this venture as we estimate that this venture could add between 5-10% of sales volume for outlets listed on the platform.

KRR continues tweaking its business model. KRR will continue to close unprofitable large format stores and open small format outlets instead (Figure 1). Since the closure of KRR in Sky Avenue (Genting), Bfood have closed a further 3 unprofitable stores in 1Q20. In FY20, Bfood intends to open 10 more KRR outlets, with just 2 of those being regular format stores and the remaining 8 being small format ones. We note that small format store requires just a fifth of the capex requirements of regular store’s start-up cost given the smaller real estate required in addition to lower rent. This is due to small format store having minimal seating area as it focuses on take away transactions.

High effective tax rate to remain. We expect the group’s high effective tax rate of ~40% to remain for the foreseeable future. We understand that this is due to (i) a large chunk of the group’s interest cost being non-tax deductible as the borrowings are held at the holding company level (which was borrowed to fund the acquisition of the remaining 50% stake in Starbucks Malaysia operations); as well as (ii) much of the renovation costs for Starbucks outlets being non-tax deductible.

Outlook. We believe Bfood’s profitability will continue to be driven by the opening of 25-30 new Starbucks outlets annually. Despite posting wide EBIT losses of RM12.4m in 14MFY19, we expect KRR Malaysia to narrow this in FY20 as we understand the bulk of the losses stemmed from one-off expenses associated with the closure of non performing stores. Going forward, we expect Bfood to continue to roll our small format outlets (small real estate requirement and minimal seating space) which have been successful for the group in recent times.

Forecast. As the meeting yielded no surprise, we keep our forecasts unchanged.

Maintain BUY, TP: RM1.85. We keep our BUY call and TP of RM1.85 based on an unchanged 25x PE tagged to FY20 EPS of 7.4 sen. While we are optimistic on the KRR business strategy of closing high rent locations in favour of small format stores, Bfood’s key value comes from the robust growth of Starbucks Malaysia, which we expect to continue to open 25-30 stores per annum.


Source: Hong Leong Investment Bank Research - 9 Oct 2019

Such Is Life: How Berjaya Food Berhad (KLSE:BJFOOD) Shareholders Saw Their Shares Drop 56%
Simply Wall St
7 days ago


We think intelligent long term investing is the way to go. But that doesn’t mean long term investors can avoid big losses. Zooming in on an example, the Berjaya Food Berhad (KLSE:BJFOOD) share price dropped 56% in the last half decade. That’s an unpleasant experience for long term holders. Unhappily, the share price slid 2.2% in the last week.

There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time.

Looking back five years, both Berjaya Food Berhad’s share price and EPS declined; the latter at a rate of 8.3% per year. Readers should note that the share price has fallen faster than the EPS, at a rate of 15% per year, over the period. So it seems the market was too confident about the business, in the past.

It’s probably worth noting that the CEO is paid less than the median at similar sized companies. But while CEO remuneration is always worth checking, the really important question is whether the company can grow earnings going forward. It might be well worthwhile taking a look at our free report on Berjaya Food Berhad’s earnings, revenue and cash flow.

What About Dividends?
As well as measuring the share price return, investors should also consider the total shareholder return (TSR). The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. As it happens, Berjaya Food Berhad’s TSR for the last 5 years was -50%, which exceeds the share price return mentioned earlier. This is largely a result of its dividend payments!

A Different Perspective
Berjaya Food Berhad’s TSR for the year was broadly in line with the market average, at 4.2%. To take a positive view, the gain is pleasing, and it sure beats annualized TSR loss of 13%, which was endured over half a decade. While ‘turnarounds seldom turn’ there are green shoots for Berjaya Food Berhad. Is Berjaya Food Berhad cheap compared to other companies?

:)

Top Buy
Berjaya Food (consumer lifestyle and experience)

Source: AmInvest Research - 14 Oct 2019
22/11/2019 1:29 PM

BJFOOD (5196): BERJAYA FOOD BHD - Overview | I3investor


BERJAYA FOOD BHD
Last Price Today's Change
1.36 0.00 (0.00%)

Board: MAIN
Sector: Consumer
Avg Volume (4 weeks): 291,610
4 Weeks Range: 1.34 - 1.43
52 Weeks Range: 1.28 - 1.81
Average Price Target: 1.75
Price Target Upside/Downside: +0.39
Berjaya Food Bhd is an investment holding company. Through its subsidiary companies, it focuses on development and operation of restaurant and cafe chains and retail outlets in Malaysia and other Southeast Asian countries. The company is engaged in the operation of the Starbucks coffee chain of cafes and retail outlets, development and operation of the Kenny Rogers Roasters chain of restaurants featuring rotisserie-roasted chicken as core product and sale of food and beverage in Malaysia. It operates in Malaysia, Indonesia, Singapore and Other Southeast Asian countries of which majority of the revenue is generated from Malaysia through the sale of food and beverages.
Date Close
27/12/2019 1.36
26/12/2019 1.36
24/12/2019 1.37
23/12/2019 1.35
20/12/2019 1.36
19/12/2019 1.39
18/12/2019 1.39
17/12/2019 1.40
16/12/2019 1.39
13/12/2019 1.39
12/12/2019 1.39
11/12/2019 1.39
10/12/2019 1.41
09/12/2019 1.41
06/12/2019 1.39
05/12/2019 1.38
04/12/2019 1.38
03/12/2019 1.38
02/12/2019 1.43

Visit Malaysia year 2020, more tourists makan minum Starbucks, Kenny Roger, etc. :)

Hopefully, Starbucks 24Hrs (selected stores) will generate more profits

With a potential turnaround at KRR Malaysia and the Starbucks-driven growth, this provides a two-pronged avenue to spur earnings growth.

:)

BFood’s management also aims to improve service standards at KRR Malaysia to the level of Starbucks.

seeing better results nowadays, coming quarterly results in Feb 2020 :)


“To our understanding, (Quay) was pivotal in introducing the Amercian Brand to Malaysia 19 years ago. We are positive over his invaluable operational and marketing prowess seen with Starbucks applied to Kenny Rogers Roasters (KRR) with his now sweeping influence as group CEO.”

The proposed turnaround strategy for KKR Malaysia would involve menu rationalisation to reduce wastage and inventory while simplifying processes; the lowering of prices from an average of RM30 to RM14; and the introduction of cafeteria-styled service instead of table service to reduce error and labour needs.

History - direct biz transactions recently at 1.37 and 1.40, 1.36 is considered cheap now :)


Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share Remarks
26/12/2019 00:00:00 1.3700 - 2.000m 2.000m 2.740m 2.740m 1.3700 0.5234 -
18/12/2019 00:00:00 1.4000 - 1.410m 1.410m 1.974m 1.974m 1.4000 0.3690 -

tell vt to raise the dividend to 2sen quarterly :)

11-Nov-2019 11-Dec-2019 DIVIDEND First Interim Dividend RM 0.01 Dividend Detail
13-Jun-2019 10-Jul-2019 DIVIDEND Interim Dividend RM 0.01 Dividend Detail
14-Mar-2019 09-Apr-2019 DIVIDEND Interim Dividend RM 0.01 Dividend Detail
05-Dec-2018 07-Jan-2019 DIVIDEND Second interim dividend RM 0.01 Dividend Detail
18-Sep-2018 08-Oct-2018 DIVIDEND First Interim Dividend RM 0.01 Dividend Detail
21-Jun-2018 10-Jul-2018 DIVIDEND Interim Dividend RM 0.01 Dividend Detail
15-Mar-2018 10-Apr-2018 DIVIDEND Interim Dividend RM 0.01 Dividend Detail
13-Dec-2017 10-Jan-2018 DIVIDEND Second interim dividend RM 0.01 Dividend Detail
15-Sep-2017 11-Oct-2017 DIVIDEND First Interim Dividend RM 0.01 Dividend Detail
14-Jun-2017 10-Jul-2017 DIVIDEND Interim Dividend RM 0.01 Dividend Detail
15-Mar-2017 07-Apr-2017 DIVIDEND Interim Dividend RM 0.01 Dividend Detail
06-Dec-2016 10-Jan-2017 DIVIDEND Second interim dividend RM 0.01

above 1.35 now, tak payah exit :)


Berjaya Food has rebounded from its low to test the immediate resistance level of RM1.42. With a rising RSI, a bullish bias may be present above this mark with target prices of RM1.48 and RM1.52. In this case, the immediate support is anticipated at RM1.35, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy upon breakout above RM1.42
Target: RM1.48, RM1.52 (time frame: 3-6 weeks)
Exit: RM1.35

Source: AmInvest Research - 29 Nov 2019

Kenny Rogers ROASTERS Story

Kenny Rogers ROASTERS was originally set up by popular Country and Western singer, Kenny Rogers, and former Governor of the state of Kentucky, John Y Brown Jr., in 1991. Seeing an opportunity to provide healthy and delicious food in a restaurant environment, Kenny Rogers ROASTERS opened its first restaurant in Coral Spring, Florida in August of 1991.


Internationally, Kenny Rogers ROASTERS has expanded to various countries around the world and has restaurants in Malaysia, Indonesia, China, Singapore, Bangladesh, Philippines, Brunei, Cambodia and the USA.



Kenny Rogers ROASTERS was awarded three times in a row (1996, 1997, 1998) for the prestigious America's Choice Award Winner for the Best Chicken Chain by Restaurants and Institutions Magazine, a leading publication from USA. Kenny Rogers ROASTERS was also awarded the Master Franchisee of the Year 2000/2001and 2002/2003 by the Malaysian Franchise Association, an affiliate of the World Franchise Council.

Berjaya Roasters (M) Sdn. Bhd. is the franchise holder for Kenny Rogers ROASTERS ("KRR") in Malaysia. The company is a wholly owned subsidiary of Berjaya Group Berhad and was incorporated in 1994.

In April 2008, Berjaya Corp Bhd (BCorp) wholly owned subsidiary of ROASTERS Asia Pacific and master franchise for Kenny Rogers ROASTERS fully acquired the chain's parent, US-based NF Roasters.

Kenny Rogers ROASTERS is a mid-casual dining restaurant with roast chicken as its main core item complemented by a rich variety of hot and cold side dishes. This is made up of Kenny's famous home-made muffins, vegetable salads, pasta, soups, desserts and beverages served in a friendly and comfortable environment.
"...People know I like to sing. What they don't know is I like to cook or better yet, enjoy good food. To me our "ROASTERS" chicken is the best retail food product I've ever come across..."

Starbucks Malaysia.
Teddy Bears with Starbucks Malaysia Shirts
Starbucks® in Malaysia is operated by Berjaya Starbucks Coffee Company Sdn Bhd.,a licensee of Starbucks Coffee International. From our first store opening in Kuala Lumpur on 17 December 1998, we have expanded to Sabah and Sarawak and surpassed the 190 stores milestone in March 2015. Now into our 16th year of operation, Starbucks has grown not only to become the favorite coffee place for Malaysians but also a productive member of communities across the country.

Starbucks Malaysia has been named as Malaysia’s best employer at the Aon Hewitt Best Employers- Malaysia 2015 Awards, receiving the title - ‘Best of the Best’. Aon Hewitt Best Employers Award is deemed to be one of the most prestigious awards in recognizing companies with high employee engagement, compelling employer brand, effective leadership and high performance culture. In 2014, Starbucks Malaysia has been awarded with the HR Best Practices Gold Award in the Malaysia Human Resources Award 2014 - organized by the Malaysia Institute of Human Resources Management (MIHRM).

Here at Starbucks®, we groom talented partners (employees) with our outstanding training and development programs. Most of our store partners are food service professionals and college students, and what they all have in common is their passion for great coffee and quality customer service, which ultimately helps them bond as a family and build satisfying careers at Starbucks. The commitment of our partners is a major reason why we are recognized as the leading specialty coffee company and the industry benchmark in Malaysia.

In its efforts to adapt as the world rapidly evolves, Starbucks Malaysia introduced the new drive-thru concept stores with consistency in mind. This new platform gives customers the option to enjoy their favourite coffee on the go, or at the store should they prefer to stretch their legs and relax. In Malaysia, Starbucks drive-thru concept stores are located in Johor Bahru, Shah Alam, Cyberjaya, Petronas Kajang along the highway as well as Penang, the northern region of peninsular Malaysia.

In 2011, Starbucks Malaysia introduced Starbucks Card in Malaysia where customers are now able to enjoy their cup of coffee with just a swipe at anytime and anywhere. The Starbucks Card Mobile Application was introduced in 2014, making it the fastest and most convenient way to pay at Starbucks which provides greater convenience to our customers.

Customers love coming back to Starbucks® because they know they will receive friendly, attentive service and quality coffee recommendations. We ensure our baristas are of the most knowledgeable in the coffee industry by providing ongoing learning opportunities through our Coffee Master certification program and the hosting of our Coffee Ambassador Cup. These programs help strengthen our coffee expertise and our partners are certified to give talks, seminars and presentations at our stores and other locations upon request. Other initiatives that help promote coffee education include coffee seminars and regular launches of new whole bean coffees and beverages.

In Malaysia, we go to great lengths to provide daily inspiration for all our customers one day, one moment, and one cup at a time. We organize exciting events such as Halloween and Holiday parties as well as hold regular new product launches to further strengthen the Starbucks® Experience. Our partners know their regular customers by name, send them birthday greetings, and remember their favorite beverage. For customers who prefer their beverage with a personal touch, we also provide wireless Internet access at all our store nationwide to make visits to Starbucks® a truly relaxing and enjoyable experience.

During major festive seasons such as the Chinese New Year and Hari Raya Aidilfitri, we celebrate with our customers by offering promotions, merchandises and Starbucks Card that appeal to the local market. We incorporate elements of these festivals in the way we greet our customers and decorate our stores to lift up the festive spirit.

We constantly seek to surprise and delight our customers with innovative handcrafted beverages and menu items. From exclusive mooncakes made with Starbucks® coffee offered every Mid-Autumn Festival since 2003 to original handcrafted beverages such as the Strawberry Cheesecake Frappuccino®, we continue to offer innovative core and promotional products to engage our customers in new and exciting ways.

In 2011, the introduction of Starbucks VIA® Ready Brew was a revolutionary breakthrough for Starbucks, which introduced a transformational instant coffee that replicates the body and flavor of Starbucks coffee in an instant form. It took the Starbucks team 20 years to create a coffee that delivers Starbucks coffee quality in an instant.

can buy and later sell back to vt and gang. maybe, like caring, bjfoods will be privatised by SEM? :)

wait for vt and related co to buyback till habis :) starbucks made a lot, kenny rogers will be profitable soon, a good proposition :)

26-Dec-2019 Insider BERJAYA CORPORATION BERHAD (a substantial shareholder) acquired 20,000 shares on 23-Dec-2019.
26-Dec-2019 Insider TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN (a substantial shareholder) acquired 20,000 shares on 23-Dec-2019.
26-Dec-2019 Insider JUARA SEJATI SDN BHD (a substantial shareholder) acquired 20,000 shares on 23-Dec-2019.
26-Dec-2019 Insider BERJAYA GROUP BERHAD (a substantial shareholder) acquired 20,000 shares on 23-Dec-2019.
23-Dec-2019 Insider TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN (a substantial shareholder) acquired 220,000 shares on 20-Dec-2019.
23-Dec-2019 Insider BERJAYA CORPORATION BERHAD (a substantial shareholder) acquired 220,000 shares on 20-Dec-2019.
23-Dec-2019 Insider BERJAYA GROUP BERHAD (a substantial shareholder) acquired 220,000 shares on 20-Dec-2019.
23-Dec-2019 Insider JUARA SEJATI SDN BHD (a substantial shareholder) acquired 220,000 shares on 20-Dec-2019.

really quiet :)

EMPLOYEES PROVIDENT FUND BOARD 23-Aug-2019 Acquired 82,600 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 06-Aug-2019 Acquired 97,600 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 12-Jul-2019 Acquired 100 0.000 View Detail

History - direct biz transactions. yesterday, 2mil shares traded at 1.37 :)

Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share
26/12/2019 00:00:00 1.3700 - 2.000m 2.000m 2.740m 2.740m 1.3700 0.5234 -
18/12/2019 00:00:00 1.4000 - 1.410m 1.410m 1.974m 1.974m 1.4000 0.3690 -
18/10/2019 00:00:00 1.4200 -0.0400 14.060m 14.060m 19.965m 19.965m 1.4200 3.6793 -
25/09/2019 00:00:00 1.4600 - 600,000 2.600m 876,000 3.796m 1.4600 0.1570 -
25/09/2019 00:00:00 1.4600 - 2.000m 2.600m 2.920m 3.796m 1.4600 0.5234 -
05/08/2019 00:00:00 1.5600 -0.0500 2.700m 2.700m 4.212m 4.212m 1.5600 0.7066 -
03/04/2019 00:00:00 1.6700 0.0100 600,000 600,000 1.002m 1.002m 1.6700 0.1571 -
18/12/2018 00:00:00 1.3100 -0.0200 800,000 800,000 1.048m 1.048m 1.3100 0.2095 -
09/08/2018 00:00:00 1.4800 - 1.400m 1.400m 2.072m 2.072m 1.4800 0.3666 -
20/04/2018 00:00:00 1.7000 -0.0200 1.400m 1.400m 2.380m 2.380m 1.7000 0.3666 -
18/04/2018 00:00:00 1.7100 0.0100 1.300m 1.300m 2.223m 2.223m 1.7100 0.3404 -
23/03/2018 00:00:00 1.7500 - 2.000m 2.000m 3.500m 3.500m 1.7500 0.5238 -
06/12/2017 00:00:00 1.6000 -0.1700 100,000 100,000 160,000 160,000 1.6000 0.0262 -
15/11/2017 00:00:00 1.6300 0.0100 1.757m 1.757m 2.864m 2.864m 1.6300 0.4607 -
27/01/2017 00:00:00 1.5800 -0.1200 7.000m 7.000m 11.060m 11.060m 1.5800 1.8500 -
24/01/2017 00:00:00 1.5800 0.0100 4.000m 4.791m 6.320m 7.570m 1.5800 1.0571 -
24/01/2017 00:00:00 1.5800 0.0100 791,000 4.791m 1.250m 7.570m 1.5800 0.2090 -
01/07/2016 00:00:00 1.8000 -0.0200 1.200m 1.200m 2.160m 2.160m 1.8000 0.3172 -
15/04/2016 00:00:00 1.9000 -0.0400 2.600m 14.400m 4.940m 27.360m 1.9000 0.6875 -
15/04/2016 00:00:00 1.9000 -0.0400 6.800m 14.400m 12.920m 27.360m 1.9000 1.7982 -
15/04/2016 00:00:00 1.9000 -0.0400 100,000 14.400m 190,000 27.360m 1.9000 0.0264 -
15/04/2016 00:00:00 1.9000 -0.0400 2.900m 14.400m 5.510m 27.360m 1.9000 0.7669 -
15/04/2016 00:00:00 1.9000 -0.0400 2.000m 14.400m 3.800m 27.360m 1.9000 0.5289 -
13/04/2016 00:00:00 1.9000 -0.1000 10.000m 15.000m 19.000m 28.500m 1.9000 2.6444 -
13/04/2016 00:00:00 1.9000 -0.1000 5.000m 15.000m 9.500m 28.500m 1.9000 1.3222 -
15/03/2016 00:00:00 2.0000 -0.0500 2.000m 2.000m 4.000m 4.000m 2.0000 0.5289 -
26/02/2016 00:00:00 2.0500 - 1.200m 1.200m 2.460m 2.460m 2.0500 0.3180 -
18/02/2016 00:00:00 2.0000 -0.0200 4.000m 4.000m 8.000m 8.000m 2.0000 1.0602 -
27/08/2015 00:00:00 2.0700 0.0900 500,000 500,000 1.035m 1.035m 2.0700 0.1333 -
26/02/2015 00:00:00 2.9000 -0.0300 20.000m 20.000m 58.000m 58.000m 2.9000 5.3839 -
12/02/2015 00:00:00 2.9000 -0.0300 1.879m 1.879m 5.449m 5.449m 2.9000 0.5058 -
29/01/2015 00:00:00 2.9000 -0.1000 1.389m 1.389m 4.028m 4.028m 2.9000 0.3739 -
19/01/2015 00:00:00 2.9000 -0.0200 1.160m 1.160m 3.364m 3.364m 2.9000 0.3123 -
13/01/2015 00:00:00 2.9000 -0.0500 3.974m 3.974m 11.525m 11.525m 2.9000 1.0703 -
12/01/2015 00:00:00 2.9000 -0.1100 100,000 9.050m 290,000 26.245m 2.9000 0.0269 -
12/01/2015 00:00:00 2.9000 -0.1100 3.650m 9.050m 10.585m 26.245m 2.9000 0.9830 -
12/01/2015 00:00:00 2.9000 -0.1100 5.300m 9.050m 15.370m 26.245m 2.9000 1.4274 -
18/12/2014 00:00:00 3.1150 0.2150 266,100 266,100 828,902 828,902 3.1150 0.0721 -
15/12/2014 00:00:00 3.0800 -0.0200 143,500 266,100 441,980 819,588 3.0800 0.0389 -
15/12/2014 00:00:00 3.0800 -0.0200 122,600 266,100 377,608 819,588 3.0800 0.0332 -
10/12/2014 00:00:00 2.9400 0.1500 86,000 17.538m 252,840 32.173m 1.8344 0.0233 -
10/12/2014 00:00:00 1.8290 -0.9610 17.452m 17.538m 31.920m 32.173m 1.8344 4.7330 -
19/09/2014 00:00:00 2.9200 0.0600 500,000 500,000 1.460m 1.460m 2.9200 0.1599 -
05/05/2014 00:00:00 1.5000 -0.0100 5.000m 5.000m 7.500m 7.500m 1.5000 1.8611 -
07/10/2013 00:00:00 1.7190 0.0190 17.452m 17.452m 30.000m 30.000m 1.7190 6.6091 -
27/09/2013 00:00:00 1.6600 - 2.000m 3.500m 3.320m 5.810m 1.6600 0.7576 -
27/09/2013 00:00:00 1.6600 - 1.500m 3.500m 2.490m 5.810m 1.6600 0.5682 -
26/09/2013 00:00:00 1.6600 0.0400 9.000m 10.000m 14.940m 16.600m 1.6600 3.4090 -
26/09/2013 00:00:00 1.6600 0.0400 1.000m 10.000m 1.660m 16.600m 1.6600 0.3788 -
03/09/2013 00:00:00 1.7400 0.0800 1.000m 1.000m 1.740m 1.740m 1.7400 0.3798 -
14/08/2013 00:00:00 1.7800 -0.0300 1.000m 1.000m 1.780m 1.780m 1.7800 0.3802 -
02/08/2013 00:00:00 1.7700 - 1.000m 1.000m 1.770m 1.770m 1.7700 0.3806 -
31/07/2013 00:00:00 1.7700 - 1.000m 1.000m 1.770m 1.770m 1.7700 0.3806 -
18/07/2013 00:00:00 1.7700 - 2.000m 2.000m 3.540m 3.540m 1.7700 0.7616 -
18/06/2013 00:00:00 1.7600 -0.0200 500,000 500,000 880,000 880,000 1.7600 0.1910 Cross Trade
25/04/2013 00:00:00 1.4000 -0.0300 1.000m 1.000m 1.400m 1.400m 1.4000 0.3831 -
24/04/2013 00:00:00 1.4000 - 4.400m 4.400m 6.160m 6.160m 1.4000 1.6859 -
29/10/2012 00:00:00 1.3500 0.0600 3.500m 3.500m 4.725m 4.725m 1.3500 1.3513 -
12/04/2011 16:19:53 1.1600 0.1650 50,000 126,000 58,000 146,160 1.1600 0.0354 Cross Trade
12/04/2011 16:19:07 1.1600 0.1650 76,000 126,000 88,160 146,160 1.1600 0.0538 Cross Trade

possible as a target for merger or acquisition?

Dulu: THE Hong Kong-based The Bank of East Asia Ltd (BEA) acquired 105.45 million shares in Affin Holdings Bhd, following the subscription of rights issues on July 11. Tan Sri Quek Leng Chan is BEA’s second largest shareholder with 15.02%, while Spain’s CaixaBank has 16%. Post-acquisition, BEA remained as the second largest shareholder with a 23.52% interest after Lembaga Tabung Angkatan Tentera (LTAT) with 35.18%. The counter closed higher at RM3.62 on July 16, up 13 sen.

:)

Wednesday, 27 Nov 2019

5:15PM OVERSEA 1H net profit 1.080 million (increased 1048.94%)

go for it :)

FY19E/FY20E earnings tweaked. We revised FY19E/FY20E earnings by -2%/-3% to RM566m/RM651m on account of: (i) NIMs (-18/+5bps (from -8/-3bps), (ii) loans growth at -2%/4% (from~1%/4%), (iii) credit charge at 25/23bps (unchanged), and (iv) CIR at 60%/59% (unchanged) as most of its strategic initiatives will be completed by 2019.

TP unchanged and rating maintained. TP maintained at RM2.45 based on FY20 target PBV of 0.49x (unchanged) - implying a 0.5SD below mean - to account for its abysmal loans. Given that compliance on NSFR is attained, lower funding cost and credit charges will support earnings ahead with opex expected to taper given the completion of its strategic initiatives. Still undemanding with total returns at >20%, OUTPERFORM call is reiterated.

Source: Kenanga Research - 2 Dec 2019

ambank, alliance, cimb, etc have risen, what happened to this laggard?

Thursday, 28 Nov 2019

5:18PM AFFIN Nine-month net profit 384.374 million (increased 2.36%)



Wednesday, 11 Sep 2019

5:39PM AFFIN EMPLOYEES PROVIDENT FUND BOARD (82,600 units Acquired)


Tuesday, 27 Aug 2019

6:33PM AFFIN 1H net profit 306.823 million (increased 36.37%)


Monday, 19 Aug 2019

6:27PM AFFIN EMPLOYEES PROVIDENT FUND BOARD (97,600 units Acquired)

The number of treasury shares held in hand as at 30 September 2019 was as follows:
Average
price per
share Number Amount
RM of shares RM'000
Total treasury shares as at 30 September 2019 1.52 23,500,000 35,730
As at 30 September 2019, the number of outstanding shares in issue with voting rights (rounded to nearest
thousand) was 358,642,000 ordinary shares.

Berjaya Food Bhd is an investment holding company. Through its subsidiary companies, it focuses on development and operation of restaurant and cafe chains and retail outlets in Malaysia and other Southeast Asian countries. The company is engaged in the operation of the Starbucks coffee chain of cafes and retail outlets, development and operation of the Kenny Rogers Roasters chain of restaurants featuring rotisserie-roasted chicken as core product and sale of food and beverage in Malaysia. It operates in Malaysia, Indonesia, Singapore and Other Southeast Asian countries of which majority of the revenue is generated from Malaysia through the sale of food and beverages.

杨肃斌（杨忠礼机构）
昔日旧情分杯羹

隆新高铁与杨肃斌掌舵的杨忠礼机构（YTL,4677,主板公用事业组）渊源甚深，这项高速铁路重启怎么能忘了昔日的旧情呢？

杨忠礼机构早在1990年代末期和2006年提出修建隆新高铁的计划，但都因为经济因素而宣告搁置，直到马新政府在2016年签署合作协议，这条规划多年的高铁计划终于成行，而杨忠礼机构也靠著与TH产业私人有限公司合组的财团夺下则隆新高铁的南段PDP。

掌握再赢的主动权

可惜的是，2018年全国大选实现政党轮替后，政府因为财政和经济考量，决定将高铁项目展延两年。

现在，随著高铁计划有望重启，曾经打败无数对手取得PDP资格的杨忠礼机构自然掌握再赢的主动权。

虽然市场认为杨忠礼机构上次“黑马”跑出，加上新政府上台后更追求效率和透明度，重启后的隆新高铁竞标难度可能更高，但杨忠礼机构凭借雄厚的财政实力、有口皆碑的铁路建设和营运记录，再度跑出并不无可能。

手握13亿现 金铁路建设记录佳

截至2019年9月30日，杨忠礼机构手头上的现金就高达12亿9130万令吉，若加上短期投资，整个金额将大幅膨胀至148亿9043万令吉，财务实力堪称国内建筑业数一数二，要为这项庞大工程融资绝对没有问题。

除了财务实力，杨忠礼机构的铁路建设记录也非常亮眼。

该公司现为总值89亿令吉的金马士至新山双轨电动火车项目的3大承包商之一，同时参与建造和营运的吉隆坡机场快铁（ERL）建造费用是近20年来国内铁路项目最便宜的，每公里成本仅为4200万令吉，价廉物美的铁路建设成本绝对符合节俭的政府胃口。

就算不幸失落隆新高铁PDP，杨忠礼机构靠著国内最大洋灰商的光环，还是会为这项大型铁路项目供应建材，不会缺席整个隆新高铁的建设。

结语

从牌面上来看，以上5名大亨似乎都握得一手好牌，但隆新高铁一日尘埃未定，谁也不能预测就能有“美好结局”（Happy Ending）。因此，还请大亨们小心出牌，别把底牌都给对手看光了，让人抢食了百亿令吉的高铁大饼先机。

xmas gift from ytl's buyback :) more to come

Monday, 23 Dec 2019

5:31PM YTL 2,000,000 shares purchased into treasury

Bottom fishing again :)

Date Close
23/12/2019 0.84
20/12/2019 0.845
19/12/2019 0.835
18/12/2019 0.865
17/12/2019 0.86
16/12/2019 0.86
13/12/2019 0.855
12/12/2019 0.86
11/12/2019 0.865
10/12/2019 0.855
09/12/2019 0.835
06/12/2019 0.825
05/12/2019 0.825
04/12/2019 0.825
03/12/2019 0.83
02/12/2019 0.835
29/11/2019 0.835
28/11/2019 0.85
27/11/2019 0.85
26/11/2019 0.855

YTL Corp Bhd is a global holding company that operates in the infrastructure development space through its subsidiaries. YTL Corp has a wide variety of operations, including activities in the construction, power generation and transmission, water and sewage facilities, communications, cement manufacturing, property development and investment, hotel development and management, e-commerce, and Internet education services industries. The company’s largest segment is its Utilities division, which houses its electricity generation and water management businesses. YTL mainly generates revenue from selling electricity, water, and other goods, such as cement and real estate. The company’s primary geographic areas include Malaysia, the U.K., and Singapore, from which it derives most of its revenue.

:)

HISTORY OF BOUSTEAD
Boustead Holdings Berhad, one of Malaysia's oldest conglomerates, can trace its roots to 1828 when Edward Boustead founded a modest trading company in Singapore, shortly after Sir Stamford Raffles established the British Settlement in 1819.

Its core business during those pioneering days was primarily import and export, as well as shipping and insurance agents. With trade growing between the two territories and as the Straits of Malacca became more important as a primary waterway between Europe and the Far East, Edward opened a branch in Penang in 1864.

At the turn of the 20th century, Boustead in the year 1911 diversified its business interest and began trading in rubber. Moving up the value chain, the company expanded into the management and ownership of rubber estates while exporting sheet rubber and latex. As the new nation, Malaya grew rapidly, Boustead expanded its business interest to import and distribution of a variety of goods.

In 1961, Boustead consolidated its various businesses to form a new public listed company known as Boustead & Co. Limited. In 1966, the entity changed its name to Boustead Holdings Berhad and in 1976, the Group became a wholly-owned Malaysian entity.

we understand the feeling of those investors who purchased ytl shares above RM1 :)

regardless of climate change, cement is essential for the construction industry throughout the world. people can talk about climate change till the cows come home :) cement industry is in every country in the world :)

Old does not matter, this old company has been paying dividend for more than 30 years. :)

@Kukuman This is grandpa company. Not to excite anymore
23/12/2019 7:11 PM

BPlant will contribute a lot to Boustead :)

B20 biodiesel for transport sector to be launched in phases next year: Teresa Kok
20 DEC 2019 / 17:17 H.
B20 biodiesel for transport sector to be launched in phases next year: Teresa Kok
BERNAMAPIX
PUTRAJAYA: The B20 biodiesel programme for the transport sector is expected to be launched in phases next year, that would give a fillip to the crude palm oil (CPO) price which is projected to reach RM3,000 per tonne.

Primary Industries Minister Teresa Kok Suh Sim (pix) said the programme would start in Langkawi, followed by Labuan, Sarawak, Sabah and subsequently in Peninsular Malaysia.

“A preliminary study and engineering design for the upgrading of the blending depot has also been approved with an allocation of RM35 million. This will involve 35 depots and are expected to be ready in the first quarter of next year,“ she told reporters after the Ministry of Primary Industries’ gathering here, today.

Kok said the launching ceremony for the programme would be officiated by the Prime Minister Tun Dr Mahathir Mohamad on Feb 20 next year.

She said the CPO price which is now approaching RM2,800 per tonne, was expected to continue rising next year based on the positive trend, whereby the price was around RM1,700 per tonne in 2018 compared to now, as well as the high demand following the B20 implementation and the government’s efforts to explore new markets to boost exports.

The increase in the CPO price would not only benefit the country’s economy but also the industry especially smallholders, she said.

“The Christmas and Chinese New Year (celebrations) would see many countries importing palm oil from us and the implementation of the B20 programme would boost demand. If stock is low, price would go up,” she said.

Meanwhile, Kok said she would make a visit to Europe early next year to meet the commissioner and new parliament members of the European Union (EU) to present Malaysia’s efforts and success in promoting sustainable oil palm industry.

“We want to present to them what Malaysia has done in the last two years. Europe wants sustainable palm oil and we are doing it, even the smallholders when the government helps them to get the Malaysian Sustainable Palm Oil (MSPO) certification. Our oil palm industry players replant forest trees and contributed to forest conservation,“ she said.

Highlighting one of Malaysia’s efforts, Kok said the additional RM1 cess per tonne of palm oil produced would be collected and parked into a fund for green initiatives, which will be utilised for wildlife conservation purposes and green initiatives, especially replanting of forest trees.

She hoped the EU will accept and recognised Malaysia’s green agenda and MSPO, thus import the commodity more as well as stop throwing accusations against palm oil.

On the MSPO certification, Kok said the target of 100 per cent by Dec 31 was not achieved as the challenge was with the smallholders, however, they are now more aware of the need for the certification as well have shown interest following the promotion by the media.

She said industry players’ awareness on the certification had increased whereby 62.14 per cent of the 5.85 million hectares of oil palm planted areas in Malaysia had achieved MSPO certification as at Dec 19 compared with only 17 per cent when she headed the ministry.

Kok said she was confident that the target of 70 per cent of the oil palm planted areas in Malaysia to be MSPO-certified could be achieved by February 2020. -Bernama

EPF is still a substantial shareholder in Boustead :)

2771 BSTEAD BOUSTEAD HOLDINGS BHD
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)

Particulars of Shareholder 36

Name : EMPLOYEES PROVIDENT FUND BOARD
NRIC/Passport No./Company No. : EPF ACT 1991
Nationality/Country of Incorporation : Malaysia

Address:
Tingkat 19, Bangunan KWSP Jalan Raja Laut 50350 Kuala Lumpur WilayahPersekutuan Malaysia

Descriptions (Class and Nominal Value):
Ordinary shares of RM0.50 each


Name and Address of Registered Holder:
You are advised to read the entire contents of the announcement orattachment.To read the entire contents of the announcement or attachment,pleaseaccess the Bursa website at http://www.bursamalaysia.com


Details of Changes

Date of Notice : 17/12/2019

Transactions:
No. Date Transaction Type No of Shares Price (RM)
1. 16/12/2019 Acquired 5,067,470 -
2. 16/12/2019 Disposed 5,067,470 -


Circumstances by reason of which change has occurred:
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board("EPF") - Disposal 5,067,470 shares.Citigroup Nominees (Tempatan) Sdn BhdEmplys Prvnt Fd Bd (Affin Hwang-SBL) ("EPF AH") - Acquisition 5,067,470 shares

Nature of Interest:
Direct Interest

Consideration:



No of Shares Held After Changes:
Direct : 101,497,948 shares (5.0070%)
Indirect/Deemed Interest : 0 shares (0.0000%)
Total : 101,497,948 shares

Remarks:
The total number of 101,497,948 ordinary shares comprising of thefollowing:-1. EPF - 96,430,478 shares2. EPF AH - 5,067,470 sharesYou are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment, please accessthe Bursa website at http://www.bursamalaysia.com


Submitted By:



20/12/2019 07:00 AM

LTAT needs money from Boustead, after FGV, focus should be Boustead. :) pharmaniaga dah ok, BPlant should be OK too with high CPO price, affin also ok, BHP ok with petrol price to be floated next year, BHIC is waiting for more govt contracts. should recover with the results from 4Q, 2019

Dividend dah bagi, excess cash, use for share buyback :)

29-Aug-2019 25-Oct-2019 DIVIDEND Interim Dividend RM 0.04 Dividend Detail
29-Aug-2018 25-Oct-2018 DIVIDEND Interim Dividend RM 0.04 Dividend Detail

@freddiehero so rich of cash.. y buy back..? giv dvd to all holder..

more share buyback till 31 Dec, this year? :)

23-Dec-2019 23-Dec-2019 Buyback 2,000,000 0.835 0.840 View Detail
05-Mar-2019 05-Mar-2019 Buyback 1,000 1.030 1.030 View Detail
05-Mar-2019 05-Mar-2019 Buyback 1,000 1.030 1.030 View Detail
30-Aug-2018 30-Aug-2018 Buyback 6,665,600 1.250 1.330 View Detail
30-Aug-2018 30-Aug-2018 Buyback 6,665,600 1.250 1.330 View Detail
03-Aug-2018 03-Aug-2018 Buyback 2,000,000 1.350 1.350 View Detail
02-Aug-2018 02-Aug-2018 Buyback 3,000,000 1.360 1.360 View Detail
01-Aug-2018 01-Aug-2018 Buyback 3,438,000 1.330 1.350 View Detail
31-Jul-2018 31-Jul-2018 Buyback 2,448,000 1.340 1.340 View Detail
30-Jul-2018 03-Aug-2018 Buyback 13,886,000 1.310 1.360 View Detail
30-Jul-2018 30-Jul-2018 Buyback 3,000,000 1.310 1.310 View Detail
27-Jul-2018 27-Jul-2018 Buyback 4,000,000 1.300 1.300 View Detail
26-Jul-2018 26-Jul-2018 Buyback 3,000,000 1.310 1.310 View Detail
24-Jul-2018 24-Jul-2018 Buyback 4,000,000 1.320 1.320 View Detail
23-Jul-2018 27-Jul-2018 Buyback 15,000,000 1.300 1.320 View Detail
23-Jul-2018 23-Jul-2018 Buyback 4,000,000 1.310 1.310 View Detail
20-Jul-2018 20-Jul-2018 Buyback 3,500,000 1.290 1.310 View Detail
17-Jul-2018 17-Jul-2018 Buyback 4,500,000 1.320 1.340 View Detail
16-Jul-2018 20-Jul-2018 Buyback 17,963,000 1.290 1.340 View Detail
16-Jul-2018 16-Jul-2018 Buyback 9,963,000 1.300 1.330 View Detail
13-Jul-2018 13-Jul-2018 Buyback 7,912,000 1.220 1.270 View Detail
12-Jul-2018 12-Jul-2018 Buyback 10,969,000 1.170 1.210 View Detail
11-Jul-2018 11-Jul-2018 Buyback 2,000,000 1.150 1.150 View Detail
10-Jul-2018 13-Jul-2018 Buyback 26,972,000 1.150 1.270 View Detail
10-Jul-2018 10-Jul-2018 Buyback 6,091,000 1.160 1.180 View Detail

Expecting ytl to rebound strongly soon :)

4677 YTL YTL CORPORATION BHD
Immediate Announcement on Shares Buy Back
Date of Buy Back : 23/12/2019
Description of Shares Purchased : Ordinary Shares
No. of Shares Purchased : 2,000,000 shares
Minimum Price Paid For Each Share Purchased : RM 0.835
Maximum Price Paid For Each Share Purchased : RM 0.840
Total Consideration Paid : RM 1,682,032.48
No. of Shares Purchased Retained in Treasury : 2,000,000 shares
No. of Shares Which Are Proposed To Be Cancelled : 0 shares
Cumulative Net Outstanding Treasury Shares As At To-Date : 343,862,418 shares
Adjusted Issued Capital After Cancellation : 11,018,225,604
Date Lodged With Registrar of Company :
Lodged By :
Remarks:
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
Submitted By:

23/12/2019 05:31 PM


Ref Code: 201912234700129

BHP and BPlant should perform better, 4Q, 2019 :) sabar!

Malaysia spot crude premiums hit multi-year high on tight supplies
| 23 Dec 2019 / 13:33
REUTERSPIX
SINGAPORE: Asia-Pacific refineries are forking out multi-year high premiums for sweet crude produced in the region as alternative supplies from the West have become more expensive...

Indonesia launches B30 biodiesel to cut costs, boost palm oil
| 23 Dec 2019 / 13:28
REUTERSPIX
JAKARTA: Indonesia on Monday launched biodiesel containing 30% palm-based fuel, the highest mandatory mix in the world, in a bid to slash its fuel import bill and boost domestic..