Current PBT of 21.26 add back one off esos of 22.62 =43.88, still lower than previous PBT of 55.45 by 11.57

Review of Performance for the Quarter
The Group reported a profit before taxation of RM21.26 million from a revenue of RM291.75 million as
compared to the previous quarter of RM55.45 million profit before tax from a revenue of RM274.96 million.
Despite an increase in the revenue, the profit before tax for the reporting quarter for the Group has
decreased mainly due to the one-off expense amounting to RM22.62 million on the recognition of the fair
value adjustment pursuant to the granting of the Employees’ Share Option Scheme on 9 March 2017
during the current quarter. The lower contribution from the preliminary and enabling work for SPE which
has a better profit margin has also resulted in a lower profit before tax for the current quarter.

Salcon has no say on the development of the land now coz only own 20%. Why not sell 100% or JV 50:50. Property development takes time to complete, somemore build n sell concept. Have to hold for some time, can't goreng unless Splash drag no more. Anyway already increase 10c, oklah

Eco World Sydney Development Pte Ltd, a wholly owned subsidiary of EWI, will also be appointed as the development manager for the project, which will, in turn, generate a new fee-based income stream for the EWI group.

I guess will see share of loss instead of profit at initial stage of the development. Is Australia adopt build then sell concept?

GDV of RM145m is just gross amount, I think the profit attributable to salcon wont be significant to salcon eps with 665m of shares

Yes. Drag again...

https://m.malaysiakini.com/news/377585

The Selangor state government has rejected the proposal by the federal government for a 60:40 takeover of equities in Syarikat Pengeluar Air Selangor Holdings Bhd (Splash).

Menteri Besar Mohamed Azmin Ali said the proposal was premature as the state government had yet to receive feedback from the cabinet concerning the views of independent valuers concerning the takeover.

"The state government received a letter from the federal government dated March 6, 2017, asking for our stand on the payment mode for the takeover of Splash, which is 60 percent by the federal government through Pengurusan Aset Air Berhad (PAAB) and 40 percent by the state government.

It expects to incur a cost of approximately A$4.2 million (about RM12.9 million) for the exercise, which will result in savings -- in terms of salaries and wages -- of about A$500,000 (RM1.5 million) this year, with subsequent annual savings of salaries and wages of about A$3.1 million (RM9.5 million).

Why a money printing business also can be mismanaged like this

Deputy Home Minister Datuk Nur Jazlan Mohamed said its performance was being reviewed and warned that action would be taken if it failed to perform its contractual duties.

Last week, Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi ordered an increase to 20,000 passports daily, to meet the shortfall. Until then, the vendor was reportedly only providing between 5,000 and 10,000 passports daily.

Datasonic is the principal supplier of the passports and many of the chips used on the data page allegedly had defects. The data page holds information on the passport bearer.

Diamond water.....Long time dididn't hear its name. Market now dominated by coway and cuckoo. Play safe and take profit partially

Will kena UMA?

2014 Revenue only 18.8% (2013 19.2%) from msia. Income tax for msia RM244 vs overseas RM4997 means msia earnings contribution is even lesser?

With NTA RM2.90 and cash rich position...if close shop then can payback shareholders via special div or cap reduction.

With all that if u still uncomfortable, sell...

I dont believe TWP not aware of BAT move b4 hand. Will buy from panic investors but price not low enough, maybe still a lot of shareholders not yet read the news? Waiting for afternoon

From the edge:

However, an investment fund manager noted that BAT’s move to cease production in Malaysia may not be that detrimental to Tien Wah, given that the exclusive supply agreement between the two for the supply of printing and packaging material lasts until 2019.
Interestingly, Tien Wah announced to Bursa Malaysia in August last year that it had tied up with a Singapore-listed property developer, Lum Chang Holdings Ltd, to redevelop the parcel of land where its office and production plant are currently located on. Both parties have signed a memorandum of understanding on the joint development.
The announcement may indicate that Tien Wah might have already gotten wind of BAT’s shutdown plan, and that the company already has an alternative plan in place to brace for the move.
In fact, cash-rich Tien Wah last month proposed to undertake a renounceable rights issue of 48.25 million new shares at an issue price of RM1 per rights share on the basis of one for every two existing shares. The rationale for the cash call was to expand production facilities in Indonesia and the Middle East.

Sell sell sell....to me

Price seems stable aldy. Time to accumulate?

Somebody queue large quantity at 2.58 and 2.57 giving impression of big buying and cancelled shortly after price goes up to 2.60? Trade with care...

Transaction Type Date of Change No of Securities
Disposed 4 Mar 2016 155,000
Disposed 7 Mar 2016 97,000

How come LTAT keep disposing?

Volume still low today...

Volume seems not strong enough to support

Price heading to the south

Warrant expiring march? and those good news published recently are old news re-goreng ang goreng, price aldy reflect the good news

cigarette packaging rule Will change following the Tax increase for liquor ?

They want $$$

Is china cutting down supply due to economy slowdown and aluminium price will drop again? The hike is just temporary?