Quarterly rpt on consolidated results for the financial period ended 31 Dec 2017
KRONOLOGI ASIA BERHAD

Financial Year End 31 Dec 2017
Quarter 4 Qtr
Quarterly report for the financial period ended 31 Dec 2017
The figures have not been audited
Attachments
Kronologi Group-Quarterly result Q4 2017.pdf
101.2 kB Kronologi Group-Notes to result Q4 2017.pdf
490.9 kB
Default CurrencyOther Currency
Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31 Dec 2017

INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31 Dec 2017
31 Dec 2016
31 Dec 2017
31 Dec 2016
$$'000
$$'000
$$'000
$$'000
1 Revenue
42,737
27,267
144,369
81,281
2 Profit/(loss) before tax
3,578
2,857
12,979
7,545
3 Profit/(loss) for the period
3,435
2,585
12,063
7,161
4 Profit/(loss) attributable to ordinary equity holders of the parent
3,435
2,585
12,063
7,161
5 Basic earnings/(loss) per share (Subunit)
1.36
1.08
4.77
2.99
6 Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.4300
0.1900

Definition of Subunit:
In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

Country Base Unit Subunit
Malaysia Ringgit Sen
United States Dollar Cent
United Kingdom Pound Pence

Announcement Info
Company Name KRONOLOGI ASIA BERHAD
Stock Name KRONO
Date Announced 26 Feb 2018
Category Financial Results
Reference Number FRA-26022018-00051

Today to 0,85

The afternoon will rebound.

Bullish market outlook.

Be careful not burned hand,

焦炭价格承压 或下探至1850元/吨附近
焦炭价格承压 或下探至1850元/吨附近

【金融曝光台315特别活动正式启动】近年来，银行卡被盗刷、买理财遇飞单的案例屡见不鲜，金融消费者维权举步维艰，新浪金融曝光台将履行媒体监督职责，帮助消费者解决金融纠纷。 【在线投诉】

生意社01月15日讯
　　终端需求走弱，焦企开工率提升，致使钢厂和焦化厂被动累库，多因素共同作用下，焦炭(2271, 82.00, 3.75%)主力合约价格持续下行。另外，钢厂利润虽然可观，但近一个月来利润收缩严重，钢材(4010, 112.00, 2.87%)价格下行情况下极大可能致使钢厂持续压低焦炭采购价格，因此焦炭仍有较大下行空间，最低可能触及1850元/吨附近。　　

　　房地产和汽车行业增速回落

　　房地产增速回落，需求整体偏弱。国家统计局数据显示，2017年1—11月，全国房地产开发投资100387亿元，同比名义增长7.5%，增速比1—10月回落0.3个百分点；房屋新开工面积达161679万平方米，同比增加6.9%，增速较1—10月上升1.3个百分点；1—11月商品房销售面积达146568万平方米，同比增长7.9%，增速比1—10月回落0.3个百分点。自2017年12月35城市首套房货款利率上浮至5.38%，全年房贷利率上涨超20%，房产销售遭遇冰点，41城市房产销量下降20%。房地产政策收紧，在“房子是用来住的，不是用来炒的”总基调下，房地产恐难维持以往的靓丽表现。

　　汽车销量增速回落，汽车消费或将走弱。汽车工业协会统计数据显示，2017年乘用车销量同比微增，增速比上年明显回落。乘用车共销售2471.83万辆，同比增长1.40%，增速比上年回落13.53个百分点。其中基本型乘用车(轿车)销售1184.80万辆，同比下降2.48%；运动型多用途乘用车(SUV)销售1025.27万辆，同比增长13.32%；多功能乘用车(MPV)销售207.07万辆，同比下降17.05%；交叉型乘用车销售54.70万辆，同比下降19.97%。房地产和汽车行业增速回落，表明焦炭终端需求走弱，对焦炭价格形成压力。

　　焦企被动累库

　　煤改气后，燃气供不应求，为增加燃气供应，山西部分地区允许焦化企业满负荷生产。Wind统计数据显示，截至1月12日当周，产能小于100万吨、100万—200万吨和大于200万吨焦化企业(100家)开工率分别为77.31%、74.11%和76.96%，其中产能小于100万吨、100万—200万吨焦化企业环比前一周当周分别下降0.37、0.24个百分点，大于200万吨的焦化企业开工率上升3.64个百分点，高产能焦化企业开工率提升明显。从采暖季限产期间开工率变化情况来看，产能小于100万吨、100万—200万吨和大于200万吨焦化企业最低值分别为63.59%、62.2%和64.93%，当前分别上升13.72、11.91和12.03个百分点。分地区来看，西北和华中地区焦化企业开工率提升明显，截至1月12日当周，西北和华中地区开工率分别为79.82%和76.35%，环比前一周分别上升9.52和6.7个百分点。

　　受开工率提升和全国大范围雨雪天气影响，焦化企业库存有所累积。Wind统计数据显示，截至1月12日当周，国内独立焦化厂(100家)库存66.24万吨，环比前一周上升15.99万吨，独立焦化厂焦炭库存连续5周增加。

　　钢厂利润收缩

　　随着钢材需求进入淡季，持续维持高位的钢材价格近期一路下行，以上海钢材市场为例，螺纹钢现货价格为3820元/吨较2017年12月峰值4980元/吨下降1160元/吨，一个多月降幅达23.3%，热轧卷板现货价格4160元/吨，较去年峰值4310元/吨下降3.5%，价格相对螺纹稳定。钢材价格持续走弱，钢厂利润收缩，经我们测算，目前螺纹钢现货利润633元/吨，较去年峰值2075元/吨大幅缩水，降幅近69.5%，现货利润持续高于盘面利润的时期结束，当前较盘面利润817元/吨贴水184元/吨。钢材利润大幅缩水，冬储补库谨慎，国内样本钢厂(110家)焦炭库存环比前一周下降4.2万吨，而近几轮钢厂下调焦炭采购价格也表明钢厂压价意愿强烈。

　　综述

　　需求走弱，供给增加，叠加钢厂压价，因此我们认为，焦炭仍有下调空间，预计最低可能下探至1850，操作上建议1900—2050元/吨区间逢高沽空。

　　(文章来源：期货日报，作者：张贵川)
http://finance.sina.com.cn/money/future/nyzx/2018-01-15/doc-ifyqptqv9554738.shtml

See today's Sinchew business.

I hear QR is not very good this time.

Buy DGB。

Can we get past 0.20 today?

When does QR know?

Next week will definitely fall.

Next QR | Est. Ann. Date: 23-Feb-2018

小心住套房。

Key next trading day will be rising?

Tonight DJIA is another crucial moment for the Malaysian stock exchange.

Tonight DJIA is another crucial moment for the Malaysian stock exchange.

ready to breakout。

Will it continue to rise?

Only large shareholders sell shares, but also maintain the status of listing.

Be careful! Limit down.

Be careful! Limit down.

Be careful! Limit down.

The value emerges.

It can go up to 1.00

Big speculators are playing.

Low prices have been sold out, now are high-priced people to buy more so the stock price will not fall a lot.

Don't worry about rebounding before the close.

It's time to collect again.

Very nice.

lai liao

There are also several trading days that should also rise.

In the 1,00 is not a problem

I believe it's going to be 0.70 today.

It's heard that it will rise to 0.80.

The market will open at a high price tomorrow.

There is hope tomorrow.

The speculators began to enter.

It's time to start collecting again.

中国人收工过年。

Essb will start operating in the near future, confident that the first year of production will be profitable.

Not affected by the bear market

Today, trading volume is very active.

I heard the stock today will be pushed up to (0.60).

I believe that will soon rebound.

Now the price is a buying opportunity

I think so, too.

艾芬黄氏：隆新高铁项目 金务大和HSS中标机会大
经济新闻
12/01/201818:51

（槟城12日讯）艾芬黄氏资本研究行估计，吉隆坡-新加坡高速铁路（HSR）的马来西亚部分基础设施工程价值可能介于350亿至400亿令吉。

它表示，捷运1号线、捷运2号线和轻快铁3号线的项目交付合作伙伴（PDP）费用是基于项目成本的6％。

该研究行说：“根据相同的费用结构，大马高铁项目的PDP将可能在2019至2026年的工程进行期间赚取16亿至18亿2000万令吉的净利润，主要是基于24％的所得税率而定。若以直线确认为基础，则每年可赚2亿至2亿2800万令吉。”

此外，艾芬黄氏研究行称，基于金务大有限公司（GAMUDA，5398，建筑组）和马资源机构有限公司（MRCB，1651，产业组）以50:50在合资企业的股权为基础，估计该合资企业获得上述项目后，其潜在收益在预测2019财政年为该2大股东分别提升21％-24％和63％-72％。

假设怡保工程机构有限公司（IJM，3336，建筑组）和双威建筑有限公司（SUNCON，5263，建筑组）在PDP费用中所分享的份额分别为33％，如果它们与Jalinan Rejang-Maltimur资源所成立联营企业获得PDP合同，那么怡保工程在预测2020财政年的潜在盈利将会提升25％-29％。而双威建筑在预测2019财政年则将会提高100％-114％。

该研究机构指出，上述高铁项目的2个主要工程配套预计将在今年颁发。

回顾一下，高铁在大马部分的PDP预计将在首季度杪前作出委任，而颁发资产公司合约将于年底前完成。

“我们认为金务大和马资源成立的合资企业拥有较高机会标获PDP的地位。而HSS工程有限公司（HSSEB，0185，创业板）料可赢得高铁项目的详细设计合约。”

它透露：“我们维持‘增持’建筑股的建议。金务大和HSS工程是我们认为最有潜力标获高铁项目的中标商之一，因此上述2家企业是我们在建筑业的首选买入股。”

http://www.kwongwah.com.my/?p=455148

The dealer would then shot before the close.

上升股:数码系统阻力RM1.05| e南洋
数码系统（EDARAN，5036，主板贸服股）日线交投走势,于1月10日写下一段上升趋势，闭市以82仙报收，按日涨25.5仙或45.13%，短期上升阻力或会处于82.5仙至1.05令吉水平。10/1/18行情闭市：82仙起落：+25.5仙成交量：76,…
ENANYANG.MY

BINACOM (0195) - Prime beneficiary of network infrastructure in East Malaysia, general election play
Author: sectionanalyst | Publish date: Fri, 12 Jan 2018, 11:10 AM

We retain our add rating on BINACOM with a higher target price of RM1.35 (135% upside based on 11/01/2018 closing price of RM0.57). We believe the Group offers significant value upside from its recently secured network service provider and network facilities provider license tfrom MCMC. We believe the timing of the Group's listing on the local bourse to be a general election play, particularly with the strong ties of the Group's non-executive directors with the current ruling coalition party.

We believe the Group's non-recurrent income to grow c.20% and new tower business segment from rolling contracts to contribute significantly and 200% respectively in FY18 and FY19.

We believe the Group is too good to ignore and believe it will be re-rated based on a multi year basis.

Retain add with higher target price of RM1.35


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It is able to break through the (0.60 )rate will rise faster.

I heard that there are Chinese fund investors entering the participation.