OKA PER is wrong

Made so much money so what? Shareholders do not get a single sen while 4 Executive directors took RM24 million for 2013!

Annualised based on half year results? Haha, Those who annualised EPS based on 9 months results got a shock when it reported a loss in Q4. Phase 1 of Canary already completed by Q1. Phase 2 no sign of commencement as at Apr when I visited the site.

TP 1.36? Take the 1 away lah. Long term 0.36

RHB's price over NTA is 1.86 times while CIMB is 2.36 times. It is lower due to obvious reasons.

RHB's Net Asset (NA)per share is RM6.60. NTA is only RM4.60 due to substantial goodwill and intangible assets.

Can make profit 0.05 to 0.1? Give it 2 more months, it can lose 30 sen.

May log productioon drop to 2913 htp fr 5328 htp in Apr. Even if the production maintain, June Q PBT will drop substantially.

Mulpha sold its Sanctuary cove land, Queensland north of Gold Coast at A$714K per acre. Tanco has 120 acres of freehold land at Parish of Mudgeeraba, County of Ward, Queensland which is 6 km off Pacific Motorway. This highway is in between Gold Coast and inland. Tanco's book value is RM2.4M. If it can fetch half of Sanctuary Cove's price, that is RM1M per acre, the market value of Australia land alone is RM120M. Any expert in Australia property can comment?

No big deal. This is the address of Corporatenet which offer a wide range of services in the areas of Corporate Services, Business Services and Corporate Briefings.

RM130M out of sale proceeds of RM160M will be used to repay bank, leaving behind RM28M for working capital. So no chance of huge capital repayment.

A correct advice. This is one off gain. The result for June Q will be back to normal.

Retrace is a certainty. Timing wise is no later than 1 Sept 2014.

Ben Gan's earlier posting :From an ugly ducking to a golden swan".
After 3 months, people will realise ugly ducking is still an ugly ducking, and the owner become poorer.

Agreed. The parent got a piece of land want to do mining, so asked GP to chop down everything on it. Once finished, GP will be like what it used to be.

Shareholders as at 25 Apr 2014

RHB Capital Nominees (Tempatan) Sdn. Bhd.
- Pledged Securities Account for Fong Siling 660,000

a nice cup of cuppocino in f&b outlet of shopping complex is only A3.50. who want to drink malaysia white coffee?

He is busy travelling and writing a book.

That is for show, or left pocket right pocket.

It made PAT of RM24m for 2013 but it has a high term loan repayment of RM27m a year for 2014 and RM23m for 2015. After that the loan repayment commitment will be reduced and thus it will have more fund for dividend payment from 2016 onwards.

The Board of Directors of HeveaBoard is pleased to announce the recommendation for the declaration and payment of a first and final single-tier dividend of 2.0 sen per ordinary share of RM1.00 each in respect of the financial year ended 31 December 2013, which is subject to the approval of the shareholders of HeveaBoard at its forthcoming Annual General Meeting. The date of entitlement and date of payment in respect of the aforesaid dividend will be determined and announced in due course.

This announcement is dated 31 March 2014.

can compete with china?

Good news

2013 CHAIRMAN STATEMENT
GROUP’S PROSPECTS AND BUSINESS DEVELOPMENT PLANS (cont’d)
We have been working tirelessly to embark on our next project – Palm Springs Resort City (“PSRC”),
a RM5.0 billion 400-acre integrated resort development in Port Dickson, Negeri Sembilan which will
see Tanco Group shifting its business focus towards leisure and tourism as the growth impetus of the
Group’s future business. Nestled along the coastal shores of Port Dickson, PSRC will be the largest
integrated self-contained seafront resort encompassing a water theme park and adjoining service
suites called “Splash Park”, a spa retreat, a retirement village, international hotels and a wellness
zone.

If both Indonesia and Malaysia (I&M) implement B10, it needs 4 million tonnes of biodiesel. If 1 ton of biodiesel need 1 ton of CPO, it needs 4Mil tonnes of CPO. I&M produce 40Mil tonnes of CPO now. Thus only 10% of current production. We know a lot of new planting has been going on in Sarawak like Jtiasa, Rsawit, SOP etc and in Indonesia like TSH, Genting Plantation, Sime, not to mention Indonesian companies. Indonesia recorded 8% production growth rate for CPO. So what is the impact of this 10% biodiesel?

他不是唯一的nike代工。nike销售成长可能会完全从别的厂家拿货。

The increase in profit is due to sale of property and is not recurring.