chinaman talk kok one ,

LUXCHEM扩大制造业务产能　理建挥军东南亚


（吉隆坡5日讯）鑑于大马市场成长空间有限，加上竞争者日渐增多，理建（LUXCHEM，5143，主板贸服股）放眼未来将业务扩大至整个东南亚区域，尤其是人口分别约为2亿6000万人和1亿人的印尼与越南，而第一步将是扩大其制造业务产能，以备不时之需。

理建董事经理兼首席执行员邓英仕在今日的股东大会后向媒体表示，大马虽然仍是公司最大市场，但其产品亦销往海外多国，包括现已建设办事处的印尼与越南；海外市场目前为公司贡献约30%营业额，若将来其制造业务可进一步成长，将有助于扩大该公司的海外业务。

「我们计划在今年结束前，把旗下马六甲不饱和聚酯树脂（unsaturated polyester resin，UPR）工厂的产能扩大20%到25%，同时，增加去年收购的TransformMaster工厂（TM）之工作班次，由原本的1班，提高到2班。」


至于TM工厂的产能将扩大至什么程度，邓英仕指出，需要看市场需求而定。

他亦补充，该公司今年还会花费300万令吉，在巴生建立一座仓库。

「在理建的两大核心业务中，化学品分销业务门槛较低，而且在海外还要面对争取销售代理、建立营销队伍等问题，但生产自家产品的制造业务则不同，对公司发展形成较为稳定的支撑作用。」惟，他点出，与受保护的大马市场不同，海外市场需面对来自国际间的强大竞争，赚幅可能受压，出口业务未必是十全十美的选择。

巩固老三地位

根据理建2016年报，其化学品分销业务占总营业额73.84%，制造业务只占26.16%。

此外，邓英仕透露，目前其UPR工厂的产能为每年3万吨，产能使用率接近100%；而TM工厂的产能则是每年9000吨，主要生产胶手套业所需的胶乳成份、相关化学剂和分散剂（dispersant）等。

「理建收购TM工厂的目的是，进一步巩固我们在本地胶手套业中的位置；目前，我们可说是大马市场前3位的供应商。」

当被询及目前TM工厂对理建的贡献，他表示，该公司仍在消化这一收购案，TM工厂的发展仍在初始阶段，在2016财政年（12月31日结账）的贡献不多，仅约3000万令吉，或逾4%的营业额。

邓英仕指出，国内各大手套制造商，包括顶级手套（TOPGLOV，7113，主板工业股）等所谓「四大天王」皆是理建顾客，而大马手套业在全球极具竞争力，因此若本地手套业兴旺，该公司亦会随之扶摇直上。

「在我看来，手套业、建筑前景依然黯淡，故维持该股「守住」评级及63仙的目标价。

丰隆投行分析员认为，行业前景料将疲惫，但因合顺油气的收购计划及筹资计划已明朗化，所以将该股的评级上调至「守住」，并把目标价调高至72仙。业的发展，还有理建在印尼与越南市场的表现，都是公司未来的潜在推动力。」

在UPR制造业方面，他透露，理建是大马市场的龙头，但台湾新竞争者的UPR工厂将在今年杪开始运作，届时相关行业的竞争将会升级。

据了解，这家来自台湾的公司是长兴材料工业（Eternal Materials），其本地UPR生产线的产能与理建大致相当。

无惧竞争

面对竞争，邓英仕表示，理建无所畏惧，只需做好本份，但该公司的营运环境充满不确定因素，如外匯走势，原料价格起伏等，因此，即使今年首季（截至3月31日止）业绩大好，他亦不敢过度乐观，只称公司今年业绩应会与去年相当。

理建今日微跌0.61%或1仙，以1.64令吉挂收，全天成交量为31万6400股。

the coming quarterly report is important , if it shows reasonable profit, price would fly.

if SOP wants to grow further , it should looks into oleo-chemicals business, likes KLK did.

IWCITY has no direct linkage with ekovest, and ekovest had direct dealing with EPF.IF epf pulled out , then only Ekovest has to worry,why, EPF pay good money fot 40% Duke projects

TYPICAL GORING STOCK

肤浅无知

MFCB progressing very well in power supply business,expanding to Laos and Jaks is late comer, indo-china region still has many business opportunities.

i am bullish on Vietnam economy, and not a follower of kyy or anybody else.True if without kyy, jaks would be around 1,20-1,30,since kyy took up quite substancial, would reduce the supply of share, so a premium of 30 sen is reasonable.

we know fundamentals are alive and dynamic , not static , and that subjects to change and based on macro-economic conditions , and u are taking a static, and dead view fundamental, whick is not appropriate, and wrong in certain sense.

you are wrong , Vietnamese are like Singaporeans Chinese,aggressive ,indutrial , and hard working , not like malaysian self proclaimed sons of soil.

Charles logic is very funny, who really care what kyy did, or how long he hold his shares of certain companies in the past, all we need to know ,whether JAKS can be like MFCB , and in time can grows.

MFCB and JAKS have similarity, and MFCB is now priced at 3.29rm,and JAKS still at a long,long way off,patience is the key word.

baseless liars abound , trump said :FAKE NEWS

people say , good reports will start to come by JULY, i am holding tightn my small collection.

IF you like , can take a look at MFCB,and make comparision ; similarly in electricity supply business, but this one in China , Guadong district .a the stock price currently is at 3.20 rm ,

don't make up stories ,to lie about KYY and JAKS, JAKS the company put alot of effort in their electricity supply project in HANOI, Vietnam.KYY is bullish about this business ,and he bot in alot of JAKS shares,150 millians shares or more .simple as that.don't get jealous about this or that , wish all who also bot can gain handsomely in the future.

this counter should be taken as long term investment, prospects are good, as there are continuous bisiness growth in Vietnam and indonesia,

craxy over priced ! directors dumping .

crocodile stock Calvin , to remind you ,in 2014 Jaks got jamed in most of his projects, including its Vietnam project.Jaks was in miserable condition then.That is why stock price was cheap, time since then has changed,do you understand that simple logic.that is why kky not buying at 40 sen in 2014,but prefer to go in at 160 sen in 2017.

old uncle and untie have complete control of the stock price, well who does the selling is a question ?

don't know how many poor investors became "dim sum" already,in the past on MUI.they were swollowed in total completeness, and without a trace.

Calvin introduced many crocodile stocks, please beware ,and not saying nobody gives warning.

Tan Sri Khoo's wife said her husband is a crook, and ask for devoice, and granted.

go and promote your MUI, a crocodile stock,preying on naive speculators, rather trying to be act like a psychoanalyst, looking into the old man psychological profile.

this is famous crocodile stock,awaiting the preys.Unless a change management of ownership, the fate may change.

you guys just remind me of last VS episode, so many smearing , lies, and fake news.see what happened now, nothing !growth stock is a growth stock, just keep and grows bigger.
the sky still didn't fall.

stockraider is making baseless guess works and fantasy , to support his story. well quess works is totally worthless in any investment game plan, or investment advice, rather it is illusionary,defective ideas.

wrong , KYY bot hugh amount of share for himselfand his wife, that means ikan billis speculators sold their share to him,and these people are not well-wishers, but those like to see KKY failed in the investment venture, that is more accurate picture. They were there to defame KYY in the earlier VS episode, now do it again in JAKs. Most likely JAKS would be another VS, in due time.

that is a logical problem, if u know what is logic , and you would not ask.

There is a different valuation method for valuing an "intrisic value stock"and "dynamic growth stock".if JAKS has transformed itself to be dynamic Growth stock, such "stages theory", clearly not applicable to GROWTH STOCK.We all know KYY, like President Trump in US, both have many enemies, and both are experiencing FAKE NEWS attack from media.

Master Plan of Vietnam's Capital - Hanoi - in 2030 and beyond
https://www.youtube.com/watch?v=vOGz6aiZN0I

Future Vietnam (Ho Chi Minh City & Hanoi) - 2020 Tallest Building Projects and Proposals

https://www.youtube.com/watch?v=O8T6HD6W7pw

kcchongnz kindly educate yourself first , and not to mislead othersas whim , The Last VS episode , clearly showed you have many things to learn.

is Calvintan a durian plantation farmer? no wonder he only see tree and not the forest.
and the forest is a robust Vietnam economy, and the trees are China banks financing the projects.

calvintan repeatedly relied on 10 years old grandmother stories to support his claimed, he forgets global, as well domestic economics cycles changed every now and then, KYY is not 100% right, all the time,every now and then ,he made mistakes,we know he is not GOD.In the case of JAKS , the success or failure depends largely on the economy of the emerging economy of Vietnam, particularly in the indutrial region located on the north ,around Hanoi .Timing is also an important FACTOR.In this case i am positive, i bot some JAKS, and willing to wait.

calvintan repeatedly relied on 10 years old grandmother stories to support his claimed, he forgets global, as well domestic economics cycles changed every now and then, KYY is not 100% right all the time,every now and then ,he made mistakes,we know he is not GOD.In the case of JAKS , the success or failure depends largely on the economy of the emerging economy of Vietnam, particularly in the indutrial region located on the north ,around Hanoi .Timing is also an important FACTOR.In this case i am positive, i bot some JAKS.

KUALA LUMPUR, April 5 Malaysia's export growth
hit a near seven-year high in February, government data showed
on Wednesday, due to a jump in shipments of manufactured goods
and commodities.
Exports rose 26.5 percent from a year earlier, the fastest
growth since May 2010 and the fourth consecutive month of
expansion.
The annual increase beat economists' expectations of 17.9
percent. January shipments rose 13.6 percent from a year
earlier.
Data from the International Trade and Industry Ministry
showed February exports of manufactured goods rose 24.3 percent
and accounted for 80 percent of Malaysia's total.
Exports of mining goods increased 21.6 percent, mainly on
rising crude oil prices, the data showed.
Imports in February rose 27.7 percent year-on-year, above
the 16.1 percent increase the previous month and the fastest
rate of growth since June 2010's 29.9 percent.
The trade surplus in December widened to 8.71 billion
ringgit ($1.97 billion), from January's 4.7 billion ringgit.
Exports to China rose 47.6 percent from a year earlier, due
to higher shipments of electrical and electronic products and
commodities including petroleum products, rubber and palm oil.
Exports to the United States went up 13.2 percent on
stronger demand for manufactured goods, while exports to the
European Union grew 26.6 percent.
Malaysia reports trade data in ringgit.
February was the fourth consecutive month where exports
topped 70 billion ringgit.
For a graphic on Malaysia's exports and imports, click: link.reuters.com/xyb28s

somebody equates Malay engineering and compare it with the Chinese engineering,and worry about this or that, no way delay would occure, all is well as according to plan, may be even sooner.

President Trump always reminds people, don't listen to FAKE news.and he is right.

By Emily Chow
KUALA LUMPUR, April 5 (Reuters) - Palm oil output in world
No.2 producer Malaysia likely jumped over 10 percent in March,
marking its first month-on-month climb in about five months, a
Reuters poll showed.
However, the estimated 10.4-percent rise in production to
1.39 million tonnes would be below the kind of increases
typically chalked up at the time of year due to lingering
effects from last year's El Nino weather pattern. <MYPOMP-CPOTT>
"The projected rise in fresh fruit bunch output is lower
versus the historical March average month-on-month rise of 15
percent over the past five years," said Ivy Ng, regional head of
plantations research at CIMB Investment Bank.
"Issues (such as El Nino and labour shortages) suggest that
production in the second quarter may not rise as much as we
expect. It could continue in April and May, but for June and
July we expect an output pickup."
Rising production of the commodity, used in everything from
cosmetics to chocolate, could drag on benchmark palm oil futures
on the Bursa Malaysia exchange that have already dropped nearly
15 percent this year on expectations of recovering output and
falling soyoil prices. [POI/]
Meanwhile, Malaysia's palm oil inventories are expected to
have inched up by 0.1 percent at the end of March, though that
would still be their lowest level for the month in eight years,
according to the poll of seven planters, traders and analysts.
March inventory levels likely rose for the first time in
three months to 1.46 million tonnes, according to the poll's
median forecast. <MYPOMS-TPO>
Industry players also estimated Malaysian exports had gained
7 percent from February to 1.18 million tonnes, largely due to
increased demand from India. <MYPOME-PO>
"The short-term demand outlook for palm is good. For April,
we expect good demand coming from India on rupee strength and
some good buying for Ramadan," said a Kuala Lumpur-based futures
trader.
The median figures from the Reuters survey imply Malaysian
consumption of 256,079 tonnes in March. Official data will be
released by the Malaysian Palm Oil Board on April 10.

Breakdown of March estimates (in tonnes):
Range Median
Production 1,321,465 - 1,477,319 1,390,000
Exports 1,070,000 - 1,262,000 1,184,502
Imports 40,000 - 75,000 52,225
Closing Stocks 1,400,000 - 1,550,000 1,460,700

* Official stocks of 1,459,056 tonnes in February, plus the
above estimated output and imports, give a total March supply of
2,901,281 tonnes. Based on the median of the exports and closing
stocks estimates, Malaysia's domestic consumption in March would
be 256,079 tonnes.

($1 = 4.4290 ringgit)

too many grandmother worthless stories, totally worthless.malaysia economy is sick, currency slumped, if without hot money flowing from oversea , like China for example,and improved of products demand from europe and america,don't know people , wat they want to said.Vietnam economy is robust,Jaks would do well there.

I see plenty of potential in this counter,if it manages properly,professionally , the stock price would fly.keep it within intense radar focus.

Trump is working hard on "Replace and Repeal Obama health-care Bill",http://www.cnbc.com/2017/03/21/trump-warns-house-gop-not-to-vote-against-obamacare-replacement-bill.html

CIMB Group - Acquiring Jupiter Securities? http://klse.i3investor.com/servlets/staticfile/299723.jsp

t.p 10 ringgit

viewing the export market ,it looks like we are going to have another year of reasonable good price for CPO, last quarter SOP report showed high expenditure , then sufficient fertilizers could had been purchased put on the plantation , with higher production figure ,we can assume the coming annual profit figure would increase and up to general expectation.

number of factory production lines keep increasing,new orders keep pouring in,that is why good to invest.

中国资金非正式管制早就有报导了。管制民间的资金流向而不是针对国营企业。现在重要的搞明白，投资的单位是否得到官方同意。或者，中国大使黄惠康可以提供讯息。

森林城市发展商资料：http://cs.jiwu.com/xq_kfs/285875.html