Dynaquest : Prospective EPS FY 19, 23.5 cents...

what should be the right price going forward?

I am not convinced!
Good luck!
Ahahhhahhaa!

Haha!
You should let us know instead.
Land will appreciate in value if it is located at strategic location and in places where there are demand, usually in places of vibrant economy and denser population.
In Trengganu, the population is scarce and per capital income is low, economy activities are low and ECRL will only complete by 2026..

I am not attracted to it esp now that it is losing money, admin expenses suddenly shot up... Ex patients are suing the hospitals...

Thank you for sharing.. :)

FY........ Q No.... Rev. PBT ........ PAT... EPS
Dec18 4 104,199 -56,677 -63,023 -3.75 Malaysia Stock - KLSE Quarter Report History
Dec18 3 86,700 -952 -3,272 -0.20 Malaysia Stock - KLSE Quarter Report History
Dec18 2 97,601 -9,531 -7,229 -0.44 Malaysia Stock - KLSE Quarter Report History
Dec18 1 116,450 -1,874 -2,870 -0.17 Malaysia Stock - KLSE Quarter Report History
Dec17 4 121,152 17,158 -2,618 -0.16 Malaysia Stock - KLSE Quarter Report History
Dec17 3 114,124 11,607 8,007 0.48 Malaysia Stock - KLSE Quarter Report History
Dec17 2 99,717 -4,451 -5,142 -0.34 Malaysia Stock - KLSE Quarter Report History
Dec17 1 113,904 28,682 22,483 1.49


Share price moves in tandem with earnings!

Asset play could be value trap.

Kaikee kon Kaikee song!

Prospective EPS 1.2 cent
Prospective Dividend 0.5 cent

GREAT STOCK!

Asset play is value trap5

amitabha uptrend since last week, Maybank buy call TP 4.0
09/04/2019 12:17 PM

TP RM4 HIT!!

Ekovest now is the market leader with the highest volume.

It is the Daiko now! :)

Something could be cooking.

Almost 200 million share done...

Highest since 1st Nov 2017.

Huge Volume won't happen by chance. Its for a reason.

The above is meant for CJCENTURY

Seasonal down cycle due to WINTER SEASON, demand for air conditioner from the procurement division. Didn't see the tremendous growth in revenue and profit from the Procurement Div for FY 18...What a blind analysis

https://www.cjlogistics.com/en/main

On explosive expansion, to be the top 5 logistics company in the world by 2020.

With the parent company's world wide networks and expertise, would cjcentury turn out to be a multi baggers in a few years..?

https://www.cjlogistics.com/en/tes

CJ LOGISTICS CORE COMPETENCY

Reputable branded apparels, quality assured, at Pasar Malam Price... :)

Padini will continue to grow. It targets the masses, especially the Malay community, with very affordable apparels, yet delivered a gross margin of about 40%.

During economy downturn, many will flock to Padini Stores or the Brands Outlets to save.

It is a complete different ball games as compared to other more pricy premium brands or stores..

Long term stock..
Short term traders /investors please stay out.. Lol

Trade war...
Trade shrinking..
So is shipping..

CJ Century’s Procurement Logistics Services offers original equipment manufacturing solutions to electrical and electronic
products manufacturers and traders. With today’s market requirement changing at an incredible pace, customers are
outsourcing more of their supply chain to third party logistics provider to include procurement, assembly and repackaging
services. The traditional practice of third party logistics providers merely handling the movement of goods has since
evolved to providing increased levels of value added services. We have during the year, enlarged our customer base and
diversified into new regions to expand our procurement logistics offering. This has contributed to the large increase in our
income from our Procurement Logistics Services.


Extracted from Managing Director's Message, CJCENTURY AR 2018

Procurement logistics is the new area of growth in the last FY 2018.

Could CJ make use of its network to bring in more Procurement Logistics Business, especially those Korean brands or related to Samsung?

TVs, Air conditioners, Refrigerators, Washing Machines....

https://en.m.wikipedia.org/wiki/Samsung

https://en.m.wikipedia.org/wiki/CJ_Group

Samsung and CJ Logistics have the Sams founder, Lee Byung-chul

TREASURY SHARES
During the current financial year, the Company bought back 3,968,900 of its issued ordinary shares from the open market
at average price of RM0.63 per share. The total consideration paid for the purchase was RM2,505,819.
The Company held as treasury shares a total of 3,968,900 of its 394,229,890 issued ordinary shares. The treasury shares
are held in accordance with Section 127(4)(b) of the Companies Act 2016 at a carrying amount of RM2,505,819 as disclosed
in Note 22 to the Financial Statements.

Source : CJ Century AR2018

TAKE AWAY COURIER SERVICES FROM FY18,
Net Profit FY18=rm 16.3M, FY17=rm15.3M
EPS FY18= 4.14 CENT, FY 17= 3.88 cent..

Market missed to take note of the outstanding performance of the Procurement Services...

Stripping out Courier Services which just started operation from the equation, the bottomline of FY18 is actually slightly BETTER than FY17..

Once the volume of Courier Services pick up from the present 10K parcels per day to some sizeable breakeven point or surpassing the breakeven point (the max cap is 150K parcels per day) it will be a complete different scenario.

The capability of Korean Courier Services Co, CJ Korea Parcel Services, which is number 1 in Korea and no 19 in the world is underrated by the myopic market...

SOURCE AR 2018 NOTE 32

NOTES TO THE FINANCIAL STATEMENTS
(CONT’D)
CJ CENTURY LOGISTICS HOLDINGS BERHAD
(Formerly known as CENTURY LOGISTICS HOLDINGS BERHAD)
(Company No. 424341-A)
32. SEGMENTAL INFORMATION (cont’d)
Segment Revenue and Results
The Group
Total............ Procurement
Logistics.....Logistics..... Courier
Services......Services..... .Services.. Elimination Consolidated RM’000 RM’000 RM’000 RM’000
RM’000
2018
REVENUE
External sales 258,526 130,956 11,516 – 400,998
Inter-segment sales 2,892 109 – (3,001) –
Total revenue 261,418 131,065 11,516 (3,001) 400,998
RESULTS
Segment results 11,786 9,435 (6,743) 766 15,244
Interest income 2,599 126 – (2) 2,723
Profit/(Loss) from operations 14,385 9,561 (6,743) 764 17,967
Finance costs (3,891) (14) (440) – (4,345)
Income tax expense (3,029) (711) – – (3,740)
Profit/(Loss) for the year 7,465 8,836 (7,183) 764 9,882
The Group Total Procurement
Logistics Logistics Courier
Services Services Services Elimination Consolidated
RM’000 RM’000 RM’000 RM’000 RM’000
2017
REVENUE
External sales 246,315 48,282 – – 294,597
Inter-segment sales 1,694 – – (1,694) –
Total revenue 248,009 48,282 – (1,694) 294,597
RESULTS
Segment results 18,106 3,292 – (45) 21,353
Interest income 1,592 813 – – 2,405
Profit from operations 19,698 4,105 – (45) 23,758
Finance costs (2,480) (165) – – (2,645)
Income tax expense (5,021) (834) – – (5,855)
Profit for the year 12,197 3,106 – (45) 15,258

All assets including the 18% entitlements to the JDA in BJC are charged to banks/financial institutions as collateral for borrowings. The company had gone desperate, even borrowed at very high rates @12% per annum for rm69 millions from a company of a major shareholders who has substantial influence on the company.

Source :Hohup AR2017

Total borrowings as of 31st Dec 2018 is
RM 366,343,000

The company kept increase bank borrowing since FY 2015, details are as follows :

Increase in borrowings
FY 2015 RM79, 249,000
FY 2016. RM61, 703,000
FY 2017. RM64, 721,000
FY 2018. RM57, 823,000
----------------------------------------------
TOTAL : RM263, 496,000

As of 31st Dec 2018, the company has negative cash in the form of overdraft....

:(

Goreng Goreng only..
Even Major shareholders, Omesti sold @49.5 - 50cents last Aug...

Bank Overdraft RM32.032M
Cash restricted from use RM13.489M
Fixed deposit rm9.6M
Cash RM21M

Net (14 Million)

:(

No money to carry out development...

Major shareholders can't afford RI
IT WAS ABORTED AFTER PROPOSED

Be careful!
Possible to revisit PN17

It is worth so much more.. more.. more..

If evaluate the value of the Share by Sum of Parts, I. e. Take the value of the Integrated Logistic Business +Procurement Business +Logistics Business...

But would there be a white Knight, looking at the such bad time and state of the Company...

Look at the BJC Mall, so long already still has not got an equity Shareholder... From rumours of the Canadian fund to Pavilion REIT.. to Qatar Investment (still pending Due Deligence since 21st Jan 2019) who is also the 2nd largest shareholders in Pavilion Reit..

The Mall costs about RM1. 2B...

If otherwise, could be pure Goreng Goreng..

A white Knight with deep pocket and lot of cash might be coming for the rescue to reap the potential in Hohup....

There are potential risks...
Key is the success of the BJC Mall...

Hi Dave Cheng,
Can you please explain and elaborate your "photo and oxo degradable which is still plastic", how long does it take for the plastic to be degraded and what is the true meaning of "degradable"? How well do the packaging materials used by SCGM go down with the Environment Authority? Are the materials considered "environment friendly"?

Thank you.

If there is no cash inflow from their JDA with Pioneer Heaven Sdn Bhd of Malton in BJC, can't imagine how Hohup could pull through the next 2 years. Hopefully, Malton stays strong financially and finds an equity Shareholder for their Pavilion Bukit Jalil Mall and could pay Hohup's 18% entitlements in Cash, not holding up payments or pay in the form of unsold properties..

Uncertainties linger...

Poor Hohup
Finance Cost alone for FY 2018 was RM 22.9 Millions

This company may face liquidity problem later...

Total borrowings as of 31st Dec 2018 is
RM 366,343,000

The company kept increase bank borrowing since FY 2015, details are as follows :

Increase in borrowings
FY 2015 RM79, 249,000
FY 2016. RM61, 703,000
FY 2017. RM64, 721,000
FY 2018. RM57, 823,000
----------------------------------------------
TOTAL : RM263, 496,000

As of 31st Dec 2018, the company has negative cash in the form of overdraft....

:(

Many forsaw no good QR for the 3rd Q but a good 4th Q... That's why there was no significant drop in the price after announcement of the loss making 3rd QR.

Two Market Sifu forecast a good 4th QR, Absolutelystock.com (Tong Kooi Ong) and Dynaquest (Dr Neoh Soon Kian).

Would you trust these two Veteran Market Sifu?

The market spoken anyway

The plastic used by SCGM is degradable, it will decompose in a 5 years period. It is not those normal plastic. Isn't this environment friendly as well?

The gist are all in there. Short and concise.

Padini....
Good to accumulate...

Fundamental sound but when funds are getting out, there is no way to stop the slide in the share price... Maybe it is opportunity for long term investor if you could get it cheap...

Haha.. I am watching but have not bought..

Where is the likely bottom? Anyone can please highlight?

After researched more and read up the latest AR and announcements (have not been following for about 2 years) I must highlight that:

1) Hohup's debts is building UP TO THE LIMITS already... Now total debts about rm400 million. The company built up too much fixed asset, the HOHUP TOWER in BJC, the land development right in KK, the 430 acres land in kulai, all are not generating cash flow... was built or acquired with borrowed money...

2) All assets including the 18% entitlements to the JDA in BJC are placed with banks as collateral for borrowings. The company had gone desperate, even borrowed at very high rates @12% per annum for rm69 millions from a company of a major shareholders who has substantial influence on the company.

3) The receivables are building up, latest as high as rm193 millions if I remember correctly..
The company owns a few shop lots at the BJC, likely from the JDA..maybe contra against entitlement claims and had put in the shop lots as collateral for borrowing..

4) Risks go along with Malton if the latter could not get an equity Shareholder for the Pavilion Mall at BJC... Hohup would be strapped if it could not get paid for its entitlements from Malton for its JDA at BJC... It would be dead then...

Please be aware of the risks as well..

Followers of Kenanga sell and followers of Pbb buy... That will only make up the market... LOL

O&G on the way to Holland.. Hihi