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2015-08-07 11:41 | Report Abuse
the problem is keurig got issue now...beware
2015-08-07 09:36 | Report Abuse
luckily sold all.....if not back to square
2015-08-06 17:01 | Report Abuse
0.90 is the best to go in
2015-07-31 11:10 | Report Abuse
Results
Homeritz’s 9MFY15 revenue of RM108.31 (+15% yoy) translated into PATAMI of RM16.91 and accounted for 65% of our full year estimation (versus average of 63% of full year earnings).
Deviations
We deem the earnings in line with our expectations as historically, 3Q represents on average 21% of full year earnings (versus 24% of our full year estimation for the current quarter).
Dividends
A first interim single tier tax-exempt dividend of 1.5 sen was declared in 3Q (FY14: 1 sen).
Highlights
9MFY08/15 review… The group achieved revenue of RM108.31m, an increase of 15% yoy, mainly due to growth in volume of sales and stronger US$. Its PATAMI improved 12% yoy, from RM15.06 in 9MFY14 to RM16.91 in 9MFY15, despite the absence of its pioneer status tax incentive.
3QFY15 review… Revenue increased 25% yoy. PBT was up 53% yoy to RM9.07 in 3QFY15, from RM5.94 in 3QFY14. The improved performance in 3QFY15 compared to 3QFY4 was attributed to the higher sales volume and strengthening US$.
Stronger USD… Based on our ec onomist’s projection, RM would strengthen to average RM3.60-3.70 against US$ by year end. Sensitivity analysis shows that every RM0.10/US$ appreciation will boost FY16 net profit by about 6%.
Risks
USD weakness against RM; high raw material prices; high labour costs; unexpected economic downturn; and production or operational risks.
Forecasts
Our FY16 net profit forecasts are raised by 6.3% to RM38.06m, to account for higher US$:RM assumption of RM3.60/US$ (vs. RM3.50/US$ previously).
Rating
Maintain BUY, TP: RM1.42 (+26% upside)
Posi tives: 1) the group would benefit from strong US$; (2) its revenue and PATAMI are expected to grow at CAGR of 9% and 23% respectively from FY14 to FYE16; (3) forecasted FY15 net cash per share of 14.7sen; and (4) still attractive FY15E DY of 3.1%, based on 40% payout ratio.
Valuation
We raise our TP from RM1.21 to RM1.42 mainly to reflect: (1) higher US$ assumption of RM3.60/US$ (vs. RM3.50/US$ previously); and (2) higher target P/E of 11x (from 10x previously), given Homeritz’s improving earnings visibility.
2015-07-30 19:33 | Report Abuse
Revenue QR drop But Net Up...apa macam
2015-07-28 19:16 | Report Abuse
Today SKPRES DATO' GAN KIM HUAT Disposed.....why,, no confiend arh?
Disposed 28 Jul 2015 10,000,000
2015-07-27 20:12 | Report Abuse
SKP Resources - Growth Assured ( TP RM1.71 by Public Invest )
We had an opportunity to visit the Group's assembly plant in Johor recently, coming away certain that our confidence in the Group has not been misplaced. Growth remains firmly on track with capacity and capabilities in no question, reflected by the gradually increasing share price as more investors exhibit greater appreciation of its prospects. Its share price has already appreciated 59% since our initiation just 3 months ago, and a cumulative 120.3% year-todate. The recently-announced financial results which saw slightly lower margins recorded is not overly-worrisome, as we expect the significant levels of growth in the coming financial years to mitigate any potential erosions from raw material cost pressures.
We maintain our Outperform call with a raised target price of RM1.71 (RM1.18 previously) as we roll over our valuations to FY17, adequately capturing the Group's healthy growth spurt in the coming few financial years, underpinned by the expected increase in orders from its key existing clients. Our earnings estimates for FY16 and FY17 are raised c.10% higher to account for slightly higher production assumptions.
http://klse.i3investor.com/blogs/PublicInvest/80386.jsp
2015-07-21 18:46 | Report Abuse
i dunno why WA can go so high, not over value meh
2015-07-14 10:48 | Report Abuse
Good, tomoro will receive warrant
2015-07-14 10:48 | Report Abuse
Kindly be advised that HOMERIZ’s 50,000,000 Warrants issued pursuant to the Issue of Warrants will be admitted to the Official List of Bursa Malaysia Securities Berhad and the listing and quotation of these Issue of Warrants on the Main Market will be granted with effect from 9.00 a.m., Wednesday, 15 July 2015.
The Stock Short Name, ISIN Code and Stock Number of the Issue of Warrants are "HOMERIZ-WA", "MYL5160WAU73" and "5160WA" respectively.
2015-07-07 13:01 | Report Abuse
As i knw bonus issue will credit at 4pm today right
2015-07-03 18:06 | Report Abuse
Down so little, worry apa...
2015-06-29 11:08 | Report Abuse
Is it mean in 2016, exercise warrant is RM0.65.
2015-06-29 11:08 | Report Abuse
Profile for Warrants (Amended Announcement)
Instrument Type : Warrants
Description : Issuance of 180,000,000 free warrants in SKP Resources Berhad
("SKP") ("Warrant(s)") on the basis of one (1) Warrant for every five (5)
existing ordinary shares of RM0 10 each in SKP ("SKP Share(s)")
Listing Date : 03/07/2012
Issue Date : 27/06/2012
Issue/ Ask Price : Not Applicable
Issue Size in Unit : 180,000,000
Maturity Date : 27/06/2017
Revised Maturity Date :
Exercise/Conversion Period : 5 00 Year(s)
Revised Exercise/Conversion Period :
Exercise/ Strike/ Conversion Price : MYR 0 4500
Revised Exercise/ Strike/ Conversion Price : MYR 0 5500
Exercise/ Conversion Ratio : 1 Warrant: 1 new SKP Share
Revised Exercise/ Conversion Ratio :
Mode of Satisfaction of Exercise/Conversion Price : Cash
Settlement Type/ Convertible into : Physical (Shares)
Remarks : 1 The exercise price of Warrant from 27 June 2014 (being second
anniversary of the issue date) to 27 June 2016 (being fourth anniversary of the
issue date) is RM0 55 per SKP Share
2 Each Warrant carries the entitlement to subscribe for one (1) new SKP Share
at the exercise price subject to the following step-up mechanism:
(i) upon issuance of the Warrants up to (but excluding) the second anniversary
of the issue date RM0 45 per SKP Share;
(ii) exercise at any time on and from the second anniversary of the issue date
up to (but excluding) the fourth anniversary date RM0 55 per SKP Share; and
(iii) exercise at any time on and from the fourth anniversary of the issue date
up to the maturity date of the Warrants RM0 65 per SKP Share,
subject to the adjustments in accordance with the provisions of the deed poll
dated 11 June 2012, constituting the Warrants Any Warrants not exercised
during the exercise period (as indicated above) will thereafter lapse and cease
to be valid for any purpose
This announcement is dated 8 April 2015
what does (iii) mean?
2015-06-26 17:54 | Report Abuse
26/06/2015 Changes in Sub. S-hldr's Int. (29B) - DATIN GAN CHU CHENG
26/06/2015 Changes in Sub. S-hldr's Int. (29B) - DATUK BEH KIM LING
Disposed...why arh
2015-06-24 19:44 | Report Abuse
DATO GAN KIM HUAT
bought again.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4782201
2015-05-27 20:17 | Report Abuse
Single-Tier Final Dividend of 2.5 sen per ordinary share of RM1.00 each in respect of the financial year ended 31 December 2014
Does dividend affect warrant?
2015-05-22 16:09 | Report Abuse
Ini takut sana takut...
if scared just put FD to earn the 3%
Stock: [GESHEN]: GE-SHEN CORPORATION BHD
2015-08-09 11:17 | Report Abuse
paperplane 2 vs Icon8888
Asdion vs Plastic Stock
Hahahaha