https://www.buildinggreen.com/blog/good-news-and-bad-news-world-glut-solar-panels

Press wrote 修正. You said 修改. Are you better than reporter/editor and cold eye?

修正2投资观点：

1.现金流比债务重要：

以往冷眼很关注债务问题，会避开欠债累累的公司。不过，现在不同了，反而以现金流为投资标准之一。

“现金流才是决定一家公司是否面对倒闭风险的关键，而不是债务。”

而他投资在亚洲航空（AIRASIA，5099，主板贸服股），就是最佳的证明。

亚航截至今年6月30日总债务为107亿令吉，换做是以前的他，肯定不会碰这只股。

他说，虽然亚航债务庞大，但卖机票收现金，加上业务有增长，这意味着收到的钱足以还债。由此可见，债务高不代表公司不好，反而现金流才是关键。

Congras

7 cents div each also worth to invest? it is all about those "seniors" works that recommended it to "juniors" to buy from them and die.

These "seniors" either have no brain and plan to sell it to "juniors". ALERT!

Buy shares minimum must use div yield as one of the criteria. Then you can top up when it is down. How to top up gadang? When directors (md/ceo) sell shares only but no one buy back, must sell also.

Lousy Stock gadang. 7 cents div each year also dare to be recommended by "senior". If juniors take the advice, die lah.

Bad result is not reasonable. Looking forward for more bad results.

Warrant don't give dividend. Mother is the best.

Sunway REIT - 1Q17 Within Expectations
Author: kiasutrader | Publish date: Fri, 28 Oct 2016, 09:45 AM

1Q17 realised net income (RNI) of RM66.7m met both market and our expectations at 24%. 1Q17 GDPU of 2.27 sen is also within expectations. We make no changes to FY17-18E numbers. Maintain OUTPERFORM with an unchanged TP of RM1.85, based on FY17-18E average GDPS of 10.6 sen (NDPS: 9.5 sen) and a +2.10 ppt spread to the 10-year MGS of 3.60%.

1Q17 realised net income (RNI) of RM66.7m came within expectations, making up 24% of consensus and our estimates. 1Q17 GDPU of 2.27 sen included a non-taxable portion of 0.44 sen and came in within our expectation at 22% of FY17E GDPU (5.8% yield).

Results highlight. YoY-Ytd, GRI was up by 6% driven by the retail segment (+14.5%) from Sunway Putra Mall, Sunway Pyramid, and Sunway Carnival. Meanwhile, the hospitality (-20.4%) and office segment (-10.8%) weighed down on top line growth due to the closure of Sunway Pyramid Hotel (previously known as Sunway Pyramid Hotel East) for refurbishment in 4Q16, and lower occupancy at Sunway Tower and Sunway Putra Tower. Although NPI margins were flattish, RNI margins improved (by +1.8ppt) as 1Q17 pretax income was inclusive of an unrealised fair value loss on interest rate swap amounting to RM2.6m vs. 1Q16 fair value gain on interest rate swap of RM3.9m, resulting in RNI increasing by 10%. QoQ, GRI was up by 4% mainly due to the retail (+3.3%) and hospitality segment (+16.0%), while the office segment declined by 1.6%. This coupled with stronger NPI margins (+1.58ppt) and after adding back the fair value loss on interest rate swap amounting to RM2.6m, increased RNI by 10%. (refer overleaf)

Outlook. Management is targeting to spend c.RM100m on capex in FY17 mainly for the refurbishment of Sunway Pyramid Hotel East (previously Sunway Pyramid Hotel East & Pyramid Tower Hotel), which we have accounted for in our estimates. In terms of leases up for expiry, FY17 has 22.0% of NLA up for expiry and it is a major rental reversion year for Sunway Pyramid (54%) and Sunway Carnival (72.0%) of which we expect mid-to-high single-digit reversions, while FY18E will only see 12.8% leases up for expiry. Note that we make no changes to our FY17-18E numbers.

Maintain OUTPERFORM and TP of RM1.85. We maintain our call and TP of RM1.85, based on FY17-18E average target gross yield of 5.70% (net: 5.10%), on an unchanged +2.1 ppt spread to the 10-year MGS of 3.60% on average FY17-18E GDPS of 10.6 sen (NDPS: 9.5 sen). We maintain our OUTPERFORM call for its income contribution from SPP and visible acquisition pipeline, thanks to its parent, SUNWAY.

Risks to our call includes: (i) bond yield expansion, (ii) earnings risks in hospitality and office division, and (iii) lower-than-expected contribution from SPP.

Source: Kenanga Research - 28 Oct 2016

Homeritz Corporation - FY16 Results ? Below Expectations
Author: kltrader | Publish date: Fri, 28 Oct 2016, 09:52 AM

Results
Homeritz’s 4QFY16 revenue of RM33.9m was translated into PATAMI of RM4.6m. This brought FY16 Core PATAMI to RM27.6m, accounting for 88.5% of our full year estimate.
Deviations
Lower than expected production volume and margin due to shortage of foreign labour.
Dividends
A final single tier tax-exempt dividend of 3.0 sen was declared in 4Q.
Highlights
Yoy: Homeritz’s FY16 revenue increased 8% yoy to RM157.6m mainly contributed by stronger US$ against MYR. Consequently, PATAMI improved by 19% yoy due to stronger US$ against MYR and lower leather cost despite a higher labour cost (circa 12% yoy) and a reduction in sales volume (-1% yoy).
QoQ: 4QFY16 revenue experienced a double digit contraction, recording RM33.9m (-16.2% qoq) caused by a 14.9% decline in volume sold. This is mainly attributed by the shortage in foreign manpower which has also reduced EBITDA margin by 7%-pts qoq. Consequently, PATAMI weakened to RM4.6m (-29% qoq).
Outlook: Homeritz requires skilled foreign workers to manufacture its products. However, the government’s decision to temporarily freeze the intake of foreign workers in Feb 2016 has caused a shortage in their manpower. The company has recently managed to secure the approval to hire and bring in foreign workers which will allow the company to recover its production output especially with new capacity expected to come in by next year. Thus, we expect sales volume to recover and EBITDA margin to normalize gradually in FY17.
Risks
USD weakness against RM; high raw material prices; high labour costs; unexpected economic downturn; and production or operational risks.
Forecasts
FY17-18 net profit forecasts are reduced by 3% and 1% respectively.
Rating
BUY (↔), TP: RM1.06 ↑

Despite the unexpected blip in manpower which resulted in lower volume production, we expect the company to recover its output with the recent approval to bring in foreign labour. Homeritz also benefits from recent ringgit weakness against US$.
Valuation
We maintain our BUY recommendation with a lower target price ofRM1.06 (previously RM1.09) after incorporating latest forecasts based on unchanged P/E multiple of 11x of CY17 EPS.
Source: Hong Leong Investment Bank Research - 28 Oct 2016

MAYBANK:
Maintain BUY
3Q16 results were in line whereby the higher YoY revenue was offset by
higher non-operating expenses. We nudge up FY16-18 net profit forecasts
by 0.6-1.9% as we adjust our key assumptions, but our MYR1.35 DDM-TP
is intact. We continue to like MQREIT for its resilient earnings and
sustained distributions which are backed by long-term office tenants.
https://factsetpdf.maybank-ke.com/PDF/37473_CN__9fc5057a09b54344b5a2a871eb7d42a9.pdf

MRCB-Quill REIT (BUY) - 9MFY16 Results: Steady as it grows
Author: kltrader | Publish date: Thu, 27 Oct 2016, 09:22 AM

Results
Reported 9MFY16 gross revenue of RM97.7m (+18.3% yoy), which translated to normalised net profit of RM45.8m (+23.7% yoy), accounting for 77.8% and 78.8% of HLIB and consensus FY forecasts, respectively.
Deviations
Lower than expected property operating expenses.
Dividends
None as it is usually declared on a semi-annual basis.
Highlights
Yoy, higher revenue (+2.2%) recorded due to additional revenue from Platinum Sentral and higher rental income from step-up rent adjustment of some properties. Excluding one off gain from divestment of Quill Building 10 last year, net profit recorded a marginal increase of 0.6% given higher expenses incurred.
Qoq, lower revenue (-0.2%) was recorded due to lower rental income from QB8 while operating expenses were marginally higher, resulting net income contracted by 1%.
YTD, revenue grew (+18.3%) due to additional income from Platinum Sentral and step-up rent adjustments. Growth in bottom-line was higher (+23.7%) as operating expenses were well managed.
Overall occupancy rate was healthy at 97.2%. In terms of renewals, 64% of lease expiry in FY16 (7% of total NLA) has been renewed with only 8% not renewed.
Despite the lacklustre office market, MQREIT’s office space is relatively stable and well-guarded from its long WALE (>5 years) with well-spread NLA expiry (13% and 26% expiring in FY17 and FY18, respectively).
Once the acquisition of Menara Shell is concluded, asset size will grow to circa. RM2.27bn, which allows management to achieve greater scale in asset management. The potential yield accretive asset injection is expected to complete by end of year and will be funded via placement exercises with equity/debt ratio of circa 65/35.
Risks
High gearing compare to industry average.
Slower rental reversion rate for office market.
Forecasts
We lower our property operating expenses assumption for FY16, resulting in higher PAT by 1.9% and higher DPU at 8.5 sen while leaving FY17 & 18 numbers unchanged.
Rating
BUY ↔, TP: RM1.34 ↔

We continue to like MQREIT given its high dividend yield, stable assets in prime location of KL Sentral with high occupancy rate and healthy WALE profile. Inclusive of Menara Shell, its portfolio assets have increased to RM2.2bn (from current RM1.6bn) and would then graduate into bigger cap space.
Valuation
Maintain BUY recommendation with unchanged TP of RM1.34 based on targeted yield of 6.5% (2SD below 1 year historical average yield spread of MRCB -Quill REIT and 10- year government bond).
Source: Hong Leong Investment Bank Research - 27 Oct 2016

Huge debt company.

27 OR 28 only quarter result will out.

Maintain OUTPERFORM and TP of RM3.94 based on unchanged Fwd. PER of 16.0x applied to FY17E EPS of 24.6 sen. Our Fwd. PER of 16.0x is based on +0.5SD valuation basis, which we believe is justified by TAANN’s above-average FY16E FFB growth of 12% compared to the sector average of +2%. We expect the acquisition to support long-term FFB production growth, while in the near-term, earnings should improve on seasonally stronger FFB production, supportive CPO prices, and stabilizing timber prices in 2H16.

Source: Kenanga Research - 25 Oct 2016
http://klse.i3investor.com/blogs/kenangaresearch/107127.jsp

Some traders fear without good knowledge.

genesis81 yes.. they r planning 11 new outlets. but this is to increase its brand awarenesss that enable them to attract new customers into setting up their own self-service laundrette outlets. means to say, franchise...
24/10/2016 23:29

genesis81 and most important is that... they are focusing to medical devices which they have submitted about rm77 million worth of tenders between april and august.
24/10/2016 23:31

http://www.klsescreener.com/v2/news/view/135775

Three very good news.

http://www.theborneopost.com/2016/10/25/plywood-exports-to-japan-set-to-increase/
Meanwhile, Nasrun said, the country’s timber exports rose by 6.5 per cent to RM22.14 billion in 2015 from RM20.79 billion in 2014.

“For the January-July period this year, the value of the exports was RM12.52 billion, up 1.6 per cent compared to the same period last year,” he said.

http://klse.i3investor.com/blogs/MomentumInvesting88/107103.jsp
Palm soars to over 2 year high RM2,822 a tonne!

Should be.

0.4 Cents or RM0.004.

BOUNCING LAH.

Down 15 cents. Surprised!

http://www.enanyang.my/news/20161020/%E9%BB%84%E6%97%A5%E5%8D%87%E5%80%9F%E4%B8%9C%E7%9B%9F%E6%9E%A2%E7%BA%BD%E7%BD%91%E4%B8%8A%E4%BA%A4%E6%98%93br-%E5%AE%B6%E5%85%B7%E5%A2%9E%E5%8A%A0%E5%87%BA%E5%8F%A3%E4%B8%AD%E5%9B%BD/

http://www.orientaldaily.com.my/business/cj200017785

http://www.theedgemarkets.com/my/article/sunway-reit-good-position-attract-investors

Right.

No div stock.

Up now.

Good. Many parties interested.

Everybody makes mistakes, so do KYY. Please understand it.

KYY only said that was his last "investment" article. Afterall, we all asked him to stay. Why? Because i3 allows true democratic practices, Ruling and Opposition Parties exist together. Let it be.

1.3774 (2016 Sept Q) - 1.3549 (2016 June Q) = RM 0.0225 net profit of 2016 Sept Q > RM 0.0219 net profit of 2015 Sept Q.

No all bank shares. Affin is up 2 cents today. HLBank also.

Longer term investment.

http://klse.i3investor.com/blogs/kenangaresearch/105476.jsp

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5217341

Padini Concept Store
http://www.theedgeproperty.com.my/content/898309/starling-mall-open-end-november-least-85-occupancy

http://klse.i3investor.com/blogs/MomentumInvesting88/105330.jsp

Four listed companies, namely Utusan Melayu (M) Bhd, Ancom Bhd, Media Prima Bhd and Seni Jaya Corp Bhd, have been awarded 10-year advertising concession packages on the mass rapid transit (MRT) Sungai Buloh-Kajang Line (SBK Line), also known as MRT1.

In a statement, Mass Rapid Transit Corp Sdn Bhd (MRT Corp) said it had selected the successful concessionaires which will manage advertising on the MRT line.

MRT Corp said the 10-year concessions for both Package A for station advertising and Package C for train advertising had been awarded to Titanium Compass Sdn Bhd, while the concession for Package B for exterior advertising had been awarded to Big Tree-Seni Jaya Consortium.

Titanium Compass is a joint-venture (JV) comprising four companies: Ancom's indirect wholly-owned Puncak Berlian Sdn Bhd, Thai-listed VGI Global Media Public Co Ltd, Ikatan Asli Sdn Bhd and Utusan Melayu's wholly-owned Utusan Airtime Sdn Bhd.

Meanwhile, Big Tree-Seni Jaya Consortium comprises Media Prima's wholly-owned Big Tree Outdoor Sdn Bhd (BTO) and Seni Jaya Corp's wholly-owned Seni Jaya Sdn Bhd.

http://www.theedgemarkets.com/my/article/sime-darby-sp-setia-sapurakencana-drb-hicom-vs-industry-yinson-utusan-ancom-media-prima-seni

pay your effort to dream more, joygsacul, to get 4.

High volume.

No. Resolution Vote For No. of Shares % Vote Against No. of Shares %
1. Ordinary Resolution 1
- Proposed Acquisition 143,568,386 100 0 0

2. Ordinary Resolution 2
- Proposed Increase in
Authorised Share
Capital 143,568,386 100 0 0

3. Special Resolution
- Proposed Amendment 143,568,386 100 0 0

Good morning lol.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5214389

Always remember China exports its products everywhere.