Salcon is pleased to announce that Envitech Sdn Bhd, a 60% owned subsidiary of Salcon Engineering Berhad, which in turn is a wholly-owned subsidiary of the Company had on 29 January 2018 accepted the Work Order dated 26 January 2018 issued by China State Construction Engineering (M) Sdn Bhd for the following project:



Cadangan Pembangunan Bercampur yang Terdiri daripada:



A. FASA 1

(i) 2 blok 53 dan 55 tingkat pangsapuri servis dan kemudahan

(ii) Sebuah pondok pengawal

(iii) 1 unit pencawang elektrik (SSU 33KV)

Di atas Lot-lot 80941 (Lot lama 1470), 80942 (Lot lama 2984), 80943 (Lot lama 38755), 4397, 46260 dan 46261 serta sebahagian Lot-lot 2983 dan 46262 Jalan Segambut, Mukim Batu, Wilayah Persekutuan, Kuala Lumpur untuk Tetuan JKG Central Park Sdn Bhd.

(hereinafter referred as “the Project”)



The contract sum for the Project is RM18,953,000.00/- (Ringgit Malaysia : Eighteen Million Nine Hundred Fifty Three Thousand) only. The contract duration is 20 months. The commencement date will be advised by China State Construction Engineering (M) Sdn Bhd at a later date.



The Project is a construction contract and has no option for renewal.



The Project is expected to contribute positively towards the earnings and net assets of Salcon Group for the financial years ending 31 December 2018 to 31 December 2019.



Salcon does not foresee any exceptional risks other than execution risks associated with the Project.



The Project will not have any effect on the share capital and substantial shareholders' shareholding of the Company.



None of the directors and/or major shareholders of the Company, or persons connected with them have any interest, direct or indirect, in the Project.



This announcement is dated 30 January 2018.

Look at the strange trade volume I have no idea how to follow already

new contract 7 mil secured.

Positive news in packaging industry brought up by HLB research.

Does I3investor allow photo posting?

It’s a subscribed magazine , it does not allow copy wording and paste. How to post photo in I3investor?

This week’s busyweekly cover is water stock. Some interesting news to be read

Kudos SKB, two days up 13 cents. You are my hero!

sebastian, last month's average price is still the same right...no sinking no worry

still lackluster, hopefully the Board will reconsider dividend distribution to attract market attention to boost up the price as well as reward our believe and loyalty to the company

I can open it....strange. It’s about photo of RES 280

husky? try without "m."

https://m.facebook.com/story.php?story_fbid=1523514761017844

at least this is genuine trading and closing, unlike the top 1 gainer and loser

http://www.capitalcube.com/blog/index.php/skb-shutters-corp-bhd-strong-price-momentum-but-will-it-sustain-2/?yptr=yahoo
SKB Shutters Corp. Bhd.: Strong price momentum but will it sustain?

November 17, 2017 by CapitalCube

SKB Shutters Corp. Bhd. relative valuation is UNDERVALUED and it has a fundamental analysis score of 38.

Our analysis is based on comparing SKB Shutters Corp. Bhd. with the following peers – Astino Bhd., Woodlandor Holdings Bhd., Seacera Group Bhd. and ML Global Bhd. (7162-MY, 7025-MY, 7073-MY and 7595-MY).

SKB Shutters Corp. Bhd. has shown good performance overall, both over the last one year (at 10.77%) as well as over the last month (at 5.88%). Share price performance over the last month, though has been lower than that over the last year. But SKB Shutters Corp. Bhd.’s stock has done better than its overall peer group whose performance was -11.29% over the last month.

Company Snapshot

From a peer analysis perspective, relative outperformance last month is up from a median performance last year.It trades at a lower Price/Book multiple (0.37) than its peer median (0.50).The market expects 7115-MY to grow at about the same rate as the peers and to maintain the median returns it currently generates.7115-MY has relatively low profit margins and median asset efficiency.The company’s year-on-year change in revenues and earnings are better than the median among its peer group.7115-MY’s return on assets currently and over the past five years has trailed the peer median and suggests the company might be operationally challenged relative to its peers.Company appears to give away relatively high gross margins to relatively high operating costs suggesting a differentiated product portfolio with low pre-tax margins relative to peers.7115-MY’s revenue growth in recent years and current P/E ratio are both around their respective peer medians suggesting that historical performance and long-term growth expectations for the company are largely in sync.The company seems to be over-investing in a business with median returns.7115-MY seems too levered to raise additional debt.Our analysis rates SKB Shutters Corp. Bhd. as UNDERVALUED relative to its peers.

Share Price Performance

From a peer analysis perspective, relative outperformance last month is up from a median performance last year.

While 7115-MY’s change in share price of 10.77% for the last 12 months is in line with its peer median, its more recent 30-day share price performance of 5.88% is above the peer median. This suggests the company’s performance has improved more recently relative to peers.



Quadrant label definitions. Hover to know more

Leading, Fading, Lagging, Rising

Relative Valuation





SKB Shutters Corp. Bhd.’s price of MYR 0.72 is lower than CapitalCube’s implied price of MYR 1.15. CapitalCube believes that at these levels, SKB Shutters Corp. Bhd. is undervalued and has upside potential. Over the last 52 week period, the stock has fluctuated between MYR 0.55 and MYR 1.08.

Valuation

provision Normally made based on probability of the outcome. make provision means probability of losing case is high.

As announced, expenses provided first then reverse next year if not loss.

Okay ....no matter work how hard, 3 million lawsuit expense to be provided in last qtr. Iike that negative / loss result can be foreseen already. Good luck to all of us.

haha yeah, sometimes we tend to forget money are hard earned , not dropping from sky. 2 mil is little lol

CF Trader, there was a feasibility study reporting on the hotel in the announcement. if you are seeking for return from dividends, PPHB will disappoint you as it has since 2011 never pay dividends

The inherent issue of this company is the management

Now the NTA is 1.06, but it should be read as 1.10 after including the revaluation of the company’s property early this month. The closed price today of 0.71 represent a PB ratio of 67% - indicating rooms for improvement

PBTM >10% in qtr 3, the best among all qtr 3 result so far!

good result. Kudos to SKB

Salcon's subsidiary is cooperating with Fliggy

（上海11日訊）沒有最高，只有更高；2017年天貓「雙11」全球狂歡節又創記錄！這次花3分鐘01秒破100億人民幣（約63億1000令吉），比去年6分58秒快了一倍有余。此外，根據阿里巴巴集團的「天豬旅行」的數據，馬來西亞成功躋進中國內地最愛的境外旅行目的地的前五。

非塑料类：观点中立

在非塑料类别里，彥武纸业（ORNA，5065，主板工业产品股）和大众包装（PPHB，8273，主板工业产品股）这两家的股价，都位于较低的本益比和股价对账面比率，即是被低估了。

这两家公司也甚少得到投资者的注意，可能是因为它们的产品销售主要是于国内。



http://www.enanyang.my/news/20171106/15包装股年营收逾60亿翁诗进/

pray for Penang. the water pipe and drainage system in Penang were badly damaged over a night and need speedy recovery.

yes mentioned in the newspaper, ad a result of increase in paper packaging materials, the increase in food packaging cost will be pass thru customer

Based on last published report and after share split, the NA per share is 1.04. With this revaluation of properties , the NA per share is 1.08. PB ratio is 0.71. Rooms for share price to advance

new piping contract secured

sxoon , mean second generations wanted to take money out?

goofy you are welcome!

https://youtu.be/Bd4ACJRgRo8

电商纷纷试水绿色物流

一个瓦楞纸制成的快递纸箱，单价最低仅0.2元，最高不超过1.4元，在电商平台百亿交易量的加持下，原纸的价格上涨以及环保压力，正被放大成快递行业不可承受之“轻”。10月10日中通、韵达两大快递巨头相继宣布涨价，瓦楞纸等原材料价格上涨，是官方公布的三大涨价原因之一。根据快递企业、供应商企业提供的数据显示，各式包装物在快递企业营收成本中的占比约在12%-15%。

不仅是日益抬升的价格，相继敲钟上市、面对更多舆论关注的快递企业，承担了更多的环保责任，1吨废纸回收后，大约只能生产0.8吨纸浆，20%的浪费率，使普通纸箱难获青睐。京东、天猫、1号店以及多个快递企业，都在快递纸箱上打起了主意。

其实，在快递纸箱回收再利用实践中，1号店是首个吃螃蟹者。2014年，1号店通过奖励积分兑换商品的形式倡导用户参与“纸箱回收”，用户签收1号店自营订单包裹后并将空纸箱交给快递员，回收一个纸箱获赠20积分可兑换商品。随后，北京邮政EMS同城快递推出可复用、可回收的环保包装容器，顺丰优选则对快递员提出强制性要求，凡是包装盒上贴有回收标签的，快递员配送后必须送回网点。

承诺在“双11”期间快递不涨价的京东近期推出了循环包装袋，以抽拉绳完成包装袋密封，到京东自提点与顾客交接，顾客带走商品后，包装袋由配送员回收，返回仓储再次打包使用，据介绍，目前京东已经在配送环节投入使用了数千个循环包装袋，未来还计划投用上百万个。此前，京东物流在全国自营冷链B2C配送使用保温周转箱，可循环200次以上，代替一次性EPS泡沫箱，此外，京东还升级了纸箱回收计划，3月20日起，京东配送小哥上门送货时，北上广深的用户可将自己闲置的纸箱交给配送员，根据纸箱的数量可获得相应的京豆。

阿里巴巴旗下的菜鸟物流则计划将2017年“双11”作为菜鸟绿色物流的首次集中行动，在北京、上海、广州、深圳、杭州等地，以及高校的菜鸟驿站全面启动纸箱回收，消费者在收件拆包后，可以将纸箱留在驿站。2016年6月，菜鸟率先启动绿色行动，目标到2020年，行业总体碳排放量减少362万吨，50%的淘系电商快递包装替换为全生物降解绿色包材，目前已经累计发出500万个。

新通联（马来西亚）有限公司
新通联（马来西亚）有限公司成立于2016年11月23日，注册资本为500万林吉特，注册地址为马来西亚马六甲洲马六甲市。公司的经营范围为纸包装纸品、木包装纸品的生产、批发和销售，木材的批发与零售，塑料纸品的批发与零售，包装服务专业领域内的技术开发、技术转让、技术咨询、技术服务，包装服务，仓储服务，从事货物及技术的进出口业务；包装印刷。

截止报告期末，新通联（马来西亚）有限公司总资产约为0.069亿元人民币，净资产约为0.066亿元人民币，净利润为-0.017亿元人民币。

2017年8月7日，上海新通联包装有限公司第二届董事会第十四次会议审议通过了《关于拟对香港全资子公司增资同时对马来西亚孙公司增资的议案》，同意将全资子公司新通联（香港）有限公司的注册资金增加至990万美元，增资来源为公司自有资金。本次增资完成后，新通联（香港）有限公司较增资前注册资金增加740万美元，公司对新通联（香港）有线公司持股比例为100%。
同时，新通联（香港）有限公司再对新通联（马来西亚）有限公司进行增资，注册资本由500万买来西亚林吉特增加至3653.41万马来西亚林吉特。

市场对瓦楞包装需求随着中国政府推动“一带一路”政策，以及阿里巴巴启动的e-WTP（Electronic World Trade Platform）全球化战略—首个“试验区”落户马来西亚，将带动周边企业投资，包装需求剧增。
公司所属的包装行业是马来西亚传统产业和现代化制造企业相结合的主要服务行业，考虑到公司海外产业长期的可持续发展，助力国家推动“丝绸之路经济带”的长远战略规划，本次的增资十分必要。

新通联：看好“一带一路”及阿里布局 加码马来西亚包装市场

http://wap.eastmoney.cn/3g/news/article,0,0,1,20170807763922392.shtml

Can’t believe PPHB now also start to play “corporate game” on its share price.....hope the management not engaging consultant and listen to them

统计显示，中国2016年瓦楞纸箱原纸消费量达到4600万吨，占全球的三分之一。业内人士分析，此番纸价“疯涨”，一方面源于纸箱需求的增加。2016年发送的快递包裹数高达313亿件，是4年前的6倍，在1年里增加5成。另一方面源于供货量的减少。我国废纸、纸浆等原材料主要依赖进口，今年7月停止进口包括废纸在内的部分废弃物，同时环保、产业等政策调整使众多不符合废气排放标准的中小厂商被迫停产。这“一增一减”，纸价上涨也在情理之中。

this counter is out of shape after bonus issue

I don't think he outcome will be any difference from now

splash deal extended again

read today 's the busy weekly 资汇 for prospect of paper packaging

I bought the paper this morning. I am not sure whether it is free online? can try search Focus Malaysia

and page 18-19 talking news on future water prospect, although is for Puncak Niaga and Engtex, could Salcon benefit from the Kelantan project and nationwide piping projects?

read this week's Focus M - page 8 for news on water deadlock in Selangor

根据马来西亚瓦楞包装协会的主席Michael Lim先生的介绍，结合励展的行业调查数据库，马来西亚瓦楞包装市场的现状大致如下。
    大约有50条瓦楞纸板生产线，市场明显的供不应求；
    马来西亚的公司更青睐欧洲与台湾的设备，少数公司采用日本设备；
    从全RSC纸箱到紧缩包装托盘和半纸箱包装正在逐渐转变；
    马来西亚的经济在很大程度上依赖出口，因此全球经济衰退对马来西亚瓦楞行业带来不利影响；
    由于经济保持稳定增长，马来西亚对纸和纸板的消费保持着每年4.5%（主要指瓦楞纸箱纸板）的增长，纸和纸板的人均消费量超过69kg;
    大部分马来西亚瓦楞生产商倾向质量高、较轻便的瓦楞纸板，此外，未来再生纸板将代替牛卡纸和瓦楞原纸占有部分市场份额；
    未来，瓦楞纸箱将面对与再生的塑料运输箱和其他塑料产品的竞争，但由于瓦楞纸箱包装行业越来越环保，这种竞争不会限制行业的发展；
    预计瓦楞纸中展示这部分的关注度会持续增长，此外，由于食品、饮料和耐用产品的产量增长，瓦楞纸的需求量也会增多。同时建筑行业经济复苏也将会刺激纸板材料在多个领域的广泛运用。

从市场分析中可发现，马来西亚瓦楞市场供应不足，对海外依赖程度较高，需求快速增长的同时，对质量的要求也随之提高。而中国的瓦楞包装设备与其市场需求有着高度契合。
2018华南国际瓦楞展重点面向东南亚新兴市场，马来西亚便是展会重点关注的区域之一。励展博览集团与马来西亚瓦楞包装协会一直保持着紧密的合作，2017中国国际瓦楞展， 马来西亚瓦楞包装协会协会主席Michael Lim亲率马来西亚优质买家团队前来参观。
Michael Lim表示，2017中国国际瓦楞展相比较往年而言，规模更大、设备更多、观众也更多，2018年华南国际瓦楞展将载东莞再次举办，四展同期规模升级，对包装印刷行业发展来说，将会是一个很好的机遇，这将是一个非常具有行业价值的展会，马来西亚瓦楞纸箱制造商协会将号召更多当地纸箱厂参与，寻找更高效的纸箱解决方案，更新设备，提升生产效率，以满足日益增长的市场需求

马来西亚原纸价格上涨逾16%，纸箱价格一涨再涨
　　在7月初，马来西亚中国报也报道过，马来西亚近来成为了中国市场抢购货源的目标国家，甚至导致了包装用途的纸箱价格一度上涨。甚至有人表示，因为中国的抢购，使纸的价格分别在1月、3月、6月上涨逾16%，并且预料纸价还会继续上涨！
　　中国报基于包装物价格上涨，走访各商家及农民，受访者皆透露，包装品是农业的必须品，再贵也得购买，无奈目前的包装品，尤其是纸箱因造纸材料等价格不断上涨，使价格一涨再涨。有关商家也基于面对目前的市场淡季，不敢贸然再将压力转嫁给客户，唯有吸纳成本，无形中使成本增加了逾20%。

（北京22日综合电）距离年底盛事“双11”购物节不到2个月，但阿里巴巴主席马云却笑不太出来，尽管各大电商已摩拳擦掌开始备货，这时却传出“纸箱不够用”的坏消息，纸箱原料瓦楞纸价格近1年暴涨7成，中国最大供应商玖龙纸业8月来已4度调涨售价，中国电商业者面临有货却没纸箱装的窘境。

在阿里巴巴等电商平台举办各类购物节推波助澜下，中国电商服务大爆发，2016年快递包裹数高达313亿个，年增高达5成，并且是4年前的6倍，同时还是日本的8倍，而双11期间单日成交上看10亿笔，更将产生大量包裹。据统计，中国2016年瓦楞纸箱原纸消费量达到4600万吨，占全球三分之一。

纸箱原料纸频涨价

中国最大瓦楞纸箱原料纸供应商玖龙纸业9月11日宣布调涨瓦楞纸箱原纸价格，每吨突破人民币5000元（约3173令吉），是8月来第4次涨价，而2016年7月行情才每吨3000元人民币（约1904令吉）。

中国瓦楞纸箱价格暴涨，一方面是需求增加，一方面也由于供货量减少。中国政府为了抑制空气污染等严重的环保问题，加强对造纸企业的监控，不符合废气排放等标准的中小厂商被迫停产。

此外，中国政府进一步限制废纸进口，也使得供不应求情况更严重，由于近年从欧洲等地进口废塑胶、废铁等掺杂大量劣质品或污染物，中国政府面对外界批评声浪，7月宣布停止进口包括废纸在内的部分废弃物，刺激瓦楞纸箱原料价格再度飙涨。

中国每年从包括日本等国进口约1700万吨废纸，作为生产瓦楞纸箱等制品的原料，尽管限制进口详细措施仍不明确，但目前部分海关已禁止输入，在欠缺瓦楞纸生产原料下，电商业者对“纸箱采购日趋困难”忧心逐渐蔓延，“双11”恐面临有货却没纸箱装的窘境。

新闻来源：苹果日报