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2016-05-26 07:49 | Report Abuse
I really doubt the company is holding more than RM300 Million cash ... This they can fake in China (can be done by just bribe the bank manager to give a false certificate )
2016-02-07 16:16 | Report Abuse
sifu calvintang jump ship without informing his followers or all sink into ocean liao.....
2015-12-07 20:03 | Report Abuse
Always doubt me where to get profit while oil so low....
2015-11-16 18:19 | Report Abuse
OTHERS Managing Contractor Agreement for the development of all that piece of land held under Lot 13550, PN7385, Mukim Cukai, Daerah Kemaman, Terengganu.
SPRING GALLERY BERHAD
Type Announcement
Subject OTHERS
Description Managing Contractor Agreement for the development of all that piece of land held under Lot 13550, PN7385, Mukim Cukai, Daerah Kemaman, Terengganu.
Reference is made to the Company's announcement made on 12 November 2015 in relation to the second Managing Contractor Agreement with JV Muhibbah Sdn. Bhd. for the development of all that piece of land held under Lot 13550, PN7385, Mukim Cukai, Daerah Kemaman, Terengganu (the "Announcement").
Unless otherwise defined, the definitions set out in the Announcement shall apply herein.
The Company wishes to provide additional information and please refer to the attached file for the details.
This announcement is dated 16 November 2015.
Please refer attachment below.
Attachments
SGB-Managing Contractor Agreement-Additional Information.pdf
120.5 kB
Announcement Info
Company Name SPRING GALLERY BERHAD
Stock Name SGB
Date Announced 16 Nov 2015
Category General Announcement for PLC
Reference Number GA1-16112015-00003
2015-11-16 18:16 | Report Abuse
7165 SGB old name is PFCE
2015-11-16 18:14 | Report Abuse
Icon8888...i think it is in REIT, or Real Estate Investment Trust. I never touch because I never study the counter too..
2015-11-04 09:13 | Report Abuse
weak heart please don't touch
2015-11-03 23:00 | Report Abuse
This I 100% will not buy, same like parkson....oil is not usd100 now, cost don't justify
2015-11-03 17:09 | Report Abuse
tin kosong.....everybody invest in a dream only.
2015-11-03 16:51 | Report Abuse
tomorrow any other force selling or margin call??
2015-11-03 13:25 | Report Abuse
i think later afternoon will be another round of selling, becos they hold many shares. buyers cant sustanin the sell........ good luck
2015-07-28 23:22 | Report Abuse
Drop rm0.01 u all complaining? Drop with low volume, miss the train don't cry.
2015-07-26 09:01 | Report Abuse
U.S. will not increase interest rate this year...maybe 2016
2015-06-04 19:11 | Report Abuse
Do homework b4 buying, google for all latest news.....Oil prices drop on dollar, oversupply
2015-06-04 18:58 | Report Abuse
Oil prices drop on dollar, oversupply.....
2015-06-04 18:57 | Report Abuse
Oil settles near a one-week low under $60...
2015-05-21 07:38 | Report Abuse
Drop 10% in less than a week....
2015-05-14 07:57 | Report Abuse
My2cents, don't touch china stocks unless u go china see see (then u know why don't buy)
2015-05-13 17:24 | Report Abuse
CIMB Research ups Dialog Group target price to RM2
Wednesday, 13 May 2015
KUALA LUMPUR: CIMB Equities Research has raised the target price for Dialog Group from RM1.96 to RM2, which is 25% above the last traded price of RM1.60.
The research house said higher contributions from Pengerang and the production-sharing contract (PSC) for three fields powered Dialog to hit a record quarterly net profit in the third quarter ended March 31, 2015 (3QFY6/15).
“This led to an all-time high nine-month net profit that exceeded expectations, forming 85% of our full-year forecast and 86% of consensus.
“We expect a stronger 2H on more Pengerang contributions as Dialog aims for another record year in FY15. We raise our FY15-17 EPS forecasts by 2-6%. Our target price rises as we update our sum-of-parts valuation,” it said.
CIMB Research continues to value the stock at 15 times CY16 price-to-earnings (P/E), at par with its target market P/E.
“Positive Pengerang outlook is a potential re-rating catalyst that supports our Add call,” it said.
To recap, it said Dialog’s 3Q net profit jumped 65% on-year. The boost came from higher contributions from engineering, procurement, construction and commissioning (EPCC) activities at the Pengerang tank terminal.
The PSC for D35, D21 and J4 fields contributed to the 65% on-year growth in Dialog’s 3Q15 net profit of RM82mil, which is a new record.
The margins for earnings before interest, tax, depreciation and amortisation (EBITDA) margin advanced to 17% from 10% a year before, thanks to the PSC’s contributions that were booked for the first time in 1Q15.
The record 3Q15 performance pushed 9M15 net profit up 29% to a new high of RM164mil.
In 3Q15, Dialog completed EPCC activities at Pengerang’s Phase 1C and began works on Phase 2. Phase 1 is already in full operations, receiving more than 160 vessels, including very large crude carriers, to date.
“We raise our FY15-17 EPS forecasts by 2%-6% to reflect higher Pengerang contributions,” it said.
Meanwhile, a site at the terminal is being prepared for the construction of liquefied natural gas (LNG) regasification facilities in a partnership comprising Petronas Gas (65%), Dialog (25%) and the Johor state government (10%). The LNG facilities are slated to be operational by Oct 2017.
Production enhancement and redevelopment activities continue at the Bayan enhanced oil recovery project. Furthermore, development activities are being aggressively pursued at the D35, D21 and J4 fields to rejuvenate and increase oil production under the PSC.
2015-05-12 22:39 | Report Abuse
3RD QUARTER FINANCIAL RESULTS
FOR THE FINANCIAL YEAR ENDING 30 JUNE 2015
(Announced to Bursa Malaysia on 12 May 2015)
We are pleased to announce the unaudited 3rd Quarter Financial Results for the financial year ending 30 June 2015 of Dialog Group Berhad (DIALOG or the Group). As such, the closed period will be lifted with effect from tomorrow, 13 May 2015.
Performance Analysis
The Group reported a total revenue of RM669.8 million with net profits of RM85.7 million for the current quarter ended 31 March 2015, increased by 4.9% and 58.3% respectively against same period last year. For the cumulative nine months period ended 31 March 2015, the recorded revenue of RM1.8 billion was lower by 6.6% from RM1.9 billion reported last year while net profits improved by 26.8% to RM220.1 million from RM173.6 million.
Malaysia operation achieved better results when compared to same periods last year following the contributions from the upstream activities mainly as a result of the operation of the Production Sharing Contract (“PSC”) for three fields D35, D21 and J4, located offshore Sarawak. The Group’s participation in this contract started from September 2014. During the period under review, the Group completed the engineering and construction activities for Pengerang Deepwater Terminals Phase 1C and began works on the Phase 2 development. Higher fabrication activities in various projects were also reported during the current period. These better results were however offset by lower sales in specialist products and services.
On the International front, the revenue for both current quarter and year to date were lower by 21% against same period last year. This was mainly attributable to low activities in engineering, construction and plant maintenance in Singapore, fabrication in Australia and New Zealand and lower sales of specialist products and services in India and Brunei. International operation's net profit after tax for the current quarter reduced by 14% in line with the lower revenue while net profit after tax for year to date was higher by 71% due to the gain on disposal of other investment in preceding quarter.
The Group’s profit before tax for the current financial quarter of RM110.2 million was 2.9% higher against RM107.0 million recorded in the preceding quarter. This was in line with higher revenue registered during the period under review and increased share of profit from joint ventures.
Prospects
The drop in oil prices will lower the overall costs of processing, manufacturing and production of a wide range of petroleum and petrochemical products. This would have a positive impact on the midstream and downstream sectors of oil and gas industry. The current oil price development reinforces our strategy to develop and invest in the Pengerang Deepwater Terminal and to support the development of Pengerang Integrated Petroleum Complex which has received about RM100 billion investment commitments to date.
The demand for storage facilities is expected to increase while further development of the Pengerang Deepwater Terminal will provide opportunities for the Group’s engineering and construction services. The Group will benefit from long term recurring income from the tank terminal facilities.
Phase 1 of the Pengerang Deepwater Terminal is in full operation. To date, more than 160 vessels including supertankers (“VLCC”) have used the terminal for trading purposes. The Group has commenced EPCC works on Phase 2 Projects. The Group is now working towards securing new potential partners for subsequent phases of Pengerang Deepwater Terminal, which include the development of more petroleum, petrochemical and LNG storage facilities.
In upstream, Bayan field continues production enhancement under the Oilfield Services Contract. Development activities are also being aggressively pursued for the D35, J4 and D21 fields to rejuvenate and increase oil production under the Production Sharing Contract.
The Group continues to proactively enhance and rationalise its human capital development to support the anticipated growth of the Group’s business activities.
Barring unforeseen circumstances, the Group is confident to continue to deliver a healthy performance for the financial year ending 30 June 2015.
Interim Dividend
The Board of Directors declared an Interim Single Tier Cash Dividend of 1.0 sen based on the enlarged share capital of 5.0 billion shares after 1-for-1 bonus issue in July 2014 (preceding year: 1.1 Sen based on 2.4 billion shares) per ordinary share in respect of the financial year ending 30 June 2015. The entitlement to the Interim Single Tier Cash Dividend will be determined based on shareholders registered in the record of depositors as at 12 June 2015 and the date of payment will be on 25 June 2015.
2015-05-12 18:37 | Report Abuse
Great...follow all the way from rm0.60, during uptrend never go up. Follow down when downtrend, think wait another 3months see company result....
2015-05-11 20:13 | Report Abuse
a company with 7 billion shares....each shareholder cant even get a micro meter worth of land.
2015-05-11 05:44 | Report Abuse
Properties asserts very low in liquidity, not say u want to sell u can sell. In other words, difficult in getting buyers especially if the figures are huge. Just my 2cents and happy trading.
2015-05-10 15:23 | Report Abuse
Why? No sound liao? Reach rm0.42 all half dead liao?
2015-05-06 22:32 | Report Abuse
Another resistance line at rm1.30.
2015-05-06 21:45 | Report Abuse
Don't worry...
If I smart, I won't come here
I m unsure, and seeking for answer so I come
Come to learn, importance to make money
2015-05-06 21:39 | Report Abuse
Oh....now then remember....
RM3 + RM3 + RM1.35 divided by 3 = RM2.45
Oil at us100 = RM2.45
Oil at us40. = rm2.45 X 0.4 = rm0.98 (exact low in dec14)
Oil at us60. = rm2.45 X 0.6.= rm1.47
Haha....do have fun everyone....
BTW.....correct me if I m wrong...
2015-05-06 20:12 | Report Abuse
Oil dropped from us100 to us40 then back to us60...
So armada dropped from rm3 to rm1.....
but when oil at us40, armada should be rm3 X 0.4 = rm1.20...
Thus, if oil at us60 armada should be minimum rm3 X 0.6 = rm1.80...
Correct me if I m wrong....
2015-05-03 14:17 | Report Abuse
Price cross above SMA200
http://klse.i3investor.com/jsp/market_filter.jsp?a=SMA&o=200&d=true
2015-04-21 22:11 | Report Abuse
huat_8888...NEVER SEE GOT GAP DOWN???
2015-04-20 17:43 | Report Abuse
nemesis, up for no reason? Maybe dividend on the way lah...
2015-04-20 09:27 | Report Abuse
Look as will not be able to see rm0.65 anymore, very strong buying :)
2015-04-01 01:30 | Report Abuse
fgv?danger loh, low can be lower (my2cents-don't want to stop u making money)
2015-03-31 22:44 | Report Abuse
LTKM suspends chairman after failing to find him
Stock: [MSPORTS]: MULTI SPORTS HOLDINGS LTD
2016-05-27 09:10 | Report Abuse
Buildings are real for sure....but sold off took money in pocket liao.
Yup, u can sue the director ... but u need to go to CHINA to lodge police report. Then lodge report with china embassy and bank of china. Then u must hire china lawyers to sue that director :)