If we examine the last 4 quarterly results of GCB, revenues and eps have been increasing. For FY ended 31/3/2019, quarterly revenues were 179m,189m,191m & 196m, making total annual revenue 755m which is about 22% higher than total revenue 618 recorded in FYE 31/3/2018. EPS were progressively higher: 13.01, 13.56, 14.81 &16.6 for the 4 quarters in 2019.
In the FYE 2019, production capacity as reflected by Plant, M&E has increased by about 30%. PPE 277M(2019) - 241M(2018) + Depreciation 34M =  70M.  We can see that Revenue increase in FYE2019 has not reflected the increase in production capacity proportionately, probably due to time lag. As time passed and with sustainable demand, revenue should catch up accordingly. Earnings should therefore be better in FYE2020. The expectation for SAM to cross RM9 is just matter of time. Should happen within before year end.

i hope all the chicken become eagles after 2nd qrt results announced. not going to axe dividend but wait for ex dividend, hold till eagles fly!

29.05 sen to be exact

special and final dividend 29 sen. earlier than expected

https://www.scmp.com/week-asia/geopolitics/article/3010733/spoils-trade-war-asias-winners-and-losers-us-china-clash

USA does not export shoes and garments to China. it's China that need to export. Therefore, Magni is a beneficiary.

China manufacture garments and shoes for exports to USA, including branded ones under franchise. with high tariffs, cost up and less competitive compare with those manufactured in Vietnam.

SAM would announce its dividend payment after Hari Raya Puasa, based on past years practices. guess should be about 28 sen in total.

The sale of 250 million shares by CMY took place within 1 day after announcement of disappointing qrtly results. It looks like a planned disposal with prearranged buyer well in advance. If it was sale in respond to qrtly results, it would take several days or weeks with big dent in mkt prices. Anyone with additional inputs?

Sam profit up. good news! https://www.klsescreener.com/v2/news/view/530450

Magni: Financial yr ended 31/4/2019 should record much better profit after tax of about 110 million compared with about 90 million in 2018. ROE about 20% with uptrend. PE below 8 times. Dividend yield above 5% and is expected to improve based on existing price level. US dollar strengthen lately and should favor Magni.

Holding a lot of cash with no bank borrowings. Total cash plus money mkt funds amounted to 250 million.

Vietnamese operation is much favoured in view of US-China trade war.

Price should break 5.50 in near future

The place to show unhappiness should be AGM. Send in whatever dissatisfaction and proposals for improvement before deadline.

I think we should share opinions in this forum for mutual benefits. There bound to be differences in opinions. No need to .....

@cashrich, i already retired. tq 4 your advice. i will put all my money in one basket, Hevea. No need to sell next 15 yrs cause already got fund 4 15 yrs. Hopefully, Hevea rebound to RM1.50 IN 3 YRS. who knows?

moving into retirement with merely 1 mil, i intend to park 600k into FD, withdrawing 40k p.a. for 15 yrs. invest 400k into Hevea. hopefully 7% of 400k= 28k p.a. is sustainable.

CEO has proven his inability to manahe this bank. so many years have passed and yet not able to deliver. should step down for benefits of shareholders, indirectly all EPF contributors

looking at 2017 annual report, he was holding 33.8 million shares. so chances are he will continue to accumulate.

if 5% dividend is reinvested, it will rise to 40 million.

@ I like the 7% dividend yield and good prospect ofcapital gain.

To improve on roe, it needs fee based income. Merely expanding revenue thro interest income require capital pump up to comply with capital adequacy requirement. Hence, rights issues, div reinventsment etc. Existing staff not train in international trade financing, they seems more familiar with personal loan, hp financing and housing loans. Selling takaful doesn't require capital injection, distributing unit trust also require relatively minimum capital. FX income can also boost profit.

for mbsb to move faster into full-fledge commercial banking, it should tap experienced human resources from the industry. relying on existing staff for transform ation will take years.

@888newbie. actually 38 million shares in mbsb instead of 40 million shares. i went beyond to assume if the proposed 5% dividend is reinvested, then it will nonetheless hit 40 million shares.

@Booyeah, when u jump, it cannot be slow! heehee.....

@Martin99: lenyan sifu now holds 38 million shares in mbsb. if he uses 5% dividend to reinvest, shareholding will increase to 40 million. is this info useful for u?

dead fishes do move in the sea, but because of waves rather than their own efforts

RWKL, u misunderstood me. i wish to say, it is inevitable sales will go up in coming months.... if sales not up, then something must have gone wrong...

@888newbie. he is also in orna, maybulk, poh huat, fpi, RCEcap, ...enough? all in top 30 list.

@888newbie. coldeye heavily in mbsb. 40 million shares as stated in latest annual report of MBSB.

purchase of plant mac n equipment amounted to rm131 million in 2017 & 2018. if Sales failed to go up in tandem, better throw!

@ dual shock@cashrich, analysts are recruited based on class room performance. they might have scored distinction in Investment exam, but in real life,they could suffer from extinction in stock mkt. that's why they prefer employment as analysts...

SAM will break rm10 bu 2020. increased revenue and higher profits backed by higher production capacity and rising demand. eps and dps will go up accordingly.

Hevea has net cash position rm 84 million as at 12/2018. paying 1.4 sen to 560 mil shares cost rm7.84 mil. 84 mil can last 10 quarterly pmts! Hevea remains profitable despite challenges, dividend pmts of 1.4 sen is sustainable, in the foreseable future.

any analyst' report or TP lately?

@waterflea not nice also u must swallow, cos this your co.

bimb research with TP rm2.90. we should think whether bimb is buyers' analyst with intention of lowering prices for buyets to buy cheap. why should bimb takes risk in writing down the TP by such a big Margin? one should also be aware of sellers' analyst which writes exceptionally good about a counter.

buyers' analyst report, aimed at pressing down prices, so that buyers could buy cheap.

there was an instant where AGM disapproved dividend pmt. chinwell

AGM on 12/6, 2 treasury shares gor every 100 shares.

AGM on 14/6. dividend 1.5 sen to be approved.

in terms of %, the gain this week is very substantial. the show will continue next week! c u!

all plnt stocks should go up today.

will break 8.40 when final qrtly results are known

good show from the very beginning this morning

at least fresh hope come with support of more cobtracts

based on price movements last few weeks, better not pin too high hope!

hevea will hit rm1 by 3rd qtr 2019

left hand sells, right hand buys, create buying interest with hope some guys will buy the warrants so that he could sell. if u could buy at 47sen, why do u want to pay for warrant plus another 1 rm to get it?

in short, buy warrants in a uptrend mkt, when price of warrant plus conversion premium lower than mother share price. the longer the remainig term to expiry of warrant, the better.

heavily in debt, money tied up mainly in pties. if pties remained undeveloped and unsold, trouble rising!

i thought this is already an Islamic Bank?