Joe:
For Lionind, actually it holds no share holding in lioncor, by right it has nothing to do with lioncor's debt.

The only concern is that Lionind had agree to become guarantor of Lioncor. In order to pay back what it had guaranteed for, few months ago LionInd announced that there was a finance lease program which is actually to serve as a mortgaged property for Yinson(the lender).

As long as it is continuing to make money for the coming one year LionInd will be recovering .

Upstream steel companies usually have larger amount of debt as they need to purchase raw material with fixed supply contract

The P&L, cash flow generated is much a better indicator rather than looking at the debt alone .

Lion's finance expenses is not high as their strategy is to delay payment to supplier , hence the borrowing from bank is lower. If you compare other william's counter , such as parkson you'll find that their payables are more or less the same pattern

有拖无欠

Lee0525, yes of course not to the FY ending 30 June 2017, as they expected the transaction of the land disposal will be completed at Q3 of 2017, which is the Q1 of FY ending 30 June 2018, the next financial year.

But logically, if comparing the information from FY 2016 AR, the land is worth 22.5 mil ringgit and now selling at about 40+m

We outsider don't know how they will compute this transaction, if they want to furnish the P&L, high hance will include this "one off gain"

Sschieng, u can go flip annual report the reported book value , and the sold value.

Lee0525

It's in the announcement but not many ppl aware of it

Likely There will be one off gain of about 20m from land disposal in Q1 18 result which will be released on November

Icon sifu, can sell house sell car sailang bo?
:-)

If blast furnace breakdown , during that period depends on the other one, their inventory level is high enough to sustain I think

The main thing of the announcement is the jv of 720m project. Don't be misled by the AUD120k

Last year June Salcon announced to acquire a parcel of land that costs AUD39m, they haven't pay for the land until 27/3/2017 whereby Salcon disposed the 80% of Salcon australia for AUD120k, whereby the registered the company only for AUD100. Thus, the AUD39m was paid in according to the ratio of 80% from EWI and 20% from Salcon.

GDV of the project is AUD217m, translates into RM728m, in other words , salcon get 20% of the GDV means roughly about RM145m

relax la. a lot of funds cost are higher than yours if you bought since 2015/2016

even after cold eye sharing also not late

Maybe their effect is not so teruk like csc because of their product mix , but somehow I think will get affected

100percent: i apologize for that copyright, i got it from telegram, thanks for it

Pmetal 是铝业

thanks all for the corrections

4880 lot one shot transacted today

CIMB REPORT http://www.filedropper.com/tguancimb

YiStock: CIMB REPORT http://www.filedropper.com/tguancimb


citychew: I'm not factoring in the warrant because there is still another 2 years till expiry.So I am still optimistic on the current PE ratio of around 11 (full ICULS conversion)

The dividend payout might not be so attractive as this year 2017 they will be spending another 30m to purchase new machines

YiStock, I can send u the Cimb report, u may pm my email zefftan@gmail.com

Ah beng: ICULS 是必须转的

YiStock: I don't have the pdf with me because I'm on mobile now.

Btw I can spare u the link which is related to it: http://www.theedgemarkets.com/my/article/thong-guan-rises-6-after-cimb-researchs-upgrade-brighter-prospects

Evli doubled up their holding, Cimb and PMB fresh fund masuk

The profit margin for its construction segment is too ridiculously high. It's either they are too smart or the one who awarded them contracts are too stupid

beware of q3, might not up to expectation

Hello all, the money generated suddenly become so huge is mainly due to their shortage in inventories, now they're low in inventories if compared to quarters/financial years before this, I think it's largely due to MegaSteel unable to supply consistently to them and they are also in the process of getting the raw materials from their parent companies.

I would say Eventhough they are having so much cash at hand but mostly they're retaining it to convert to inventory

Very profound selling pressure.

Thanks for the valuable comments

Learn new things again

Learn a lot from this article, thanks for briefing

Wonder boy: according to kenanga 's research on Scientex, their cost from resin alone is about 65%

As what papaya said, the silence on India IPP make the share price torn

Thanks mr.icon88

vomitting tsunami !

although the prospect n visibility is ok, but i think as what tigerboy said, most of us are disappointed by the dividend payout. :-( T_T
The mengkuang dam project will be delayed to mid 2017
http://www.themalaysianinsider.com/malaysia/article/mengkuang-dam-expansion-project-delayed-for-another-year-says-penang-cm

sorry boss 860000 , i misunderstood your sentence. you're right :-)

The result is good , 15m earning with 9 cent dividend , big thanks to the staff and management

Boss, FYI the depreciation charges has been going on every year every quarter, it's not unusual

The main factor that drive down the profit in the later Qr is not the impairment of the asset, it's the tax.

Tq

There is a "origination and reversal of temporary differences" that we need to take a look
It consumed up to an amount of extra tax of 5.4million tax since Q3

Anyone can explain more in detail?

Thanks

Good result , good dividend

Hopefully today can release result . Can't wait

Hit 1.30 today . Gambateh

haha, 我不认识它， 它应该不会领兵来犯吧。 哈哈

You're welcome

I remembered half year ago the red color report they also gave Scientex a target price of RM5.xx when it was trading at RM6.5

But now ...

Haha time will prove the answer

Thanks for the very detailed notes

有潜能

http://klse.i3investor.com/blogs/zefftan/90242.jsp

i'd seen a 2 years cup and handle on a stock named TAFI

thanks

cepco holds a total of 58088000 shares of incken

feel motivated already