Skyjet, cash equivalents is different with cash flow. What you refer here is cash equivalents not cash flow. To rectify your mistake and explain to you why drops of cash equivalents, cash was used for

REDEMPTION OF RM147 MILLION NOMINAL VALUE OF 7-YEAR REDEEMABLE CONVERTIBLE SECURED BONDS ("BONDS")

See their announcement in Bursa.

Don't bother and waste our time on people just want to make small money in comfort like mrcibaii. Let it be

iPhone 7 , still has someone to pay for your sewerage sinking bills?

should worth at least RM 0.8 if goes by PE of 10

where is iPhone 7, keep quiet?

http://t.me/skyis_thelimit

See the telegram group, TRC news circulating here and there on various type of media/sources.

Hengyuan facilities upgrading plan unlikely to meet the target completion date.

See top 30 stakeholders list, 80 percent are family relation

Account manipulation, joker MD want to privatize.

1.9 cents dividend ex-date

While Crest Builder is rating at 8/10.

Get 10/10 in Bursa Mids Research Scheme Website.

POSITIVE OUTLOOK: TRC is currently among
an exclusive group of 52 stocks awarded our
highest score of 10.


http://www.bursamarketplace.com/mkt/themarket/stock/TRCG/analystconsensus

http://www.bursamarketplace.com/mkt/tools/research/ch=research&pg=research&ac=136504&bb=139719

Click Second Link above to download PDF life.

Tomorrow will hit the roof of RM 11.3

Petron is under coverage of bursa Mids Research Scheme. Rating at 9/10. Omg, local fund managers are targeting our tickets!Here to tell them, no RM 12, no sell. http://www.bursamarketplace.com/mkt/themarket/stock/PTMR

No worry, stay in i3forum, you will get the updated news and info too.

IEA website or Live quote need to subscribe from Bloomberg.

Harry Teo still holding old town?

Haha, their loyalty card program rocks!

From both Heng yuan and Petdag quarter reports, both have mentioned decreased in sales volume. But PetronM's volume increase, looks like shell and Petronas have losing their market share to Petron.

Haha, ATACK.. I wondering which KATAK sold to you at such a good price..
Welcome onboard and Congrats

Need to see June crack spread closing before hit the TP of RM16.

April and May crack spread remaining healthy, ranging from 5 to 7 . Next quarter result will be equally good. . Short term tp is RM 12.

Need to shake off weak holders.

Public Bank Has Raised the TP to RM0.82 from RM0.59


TRC Synergy started the new financial year strongly with 1QFY17 net profit of RM12.1m (+c.9x YoY, +31.5% QoQ), driven primarily by revision of project margin for some of its completed projects that have resulted in higher gross margins and foreign exchange (FX) gains. The results would have been better if not for the write-down of its Energy division, which we believe is related to its refinery project in Brunei. After adjusting for FX gains and the write-down for refinery project, its core 1QFY17 net profit is estimated at c.RM12.6m, constituting c. 51% of our full year estimates. We now believe that the margins should be better, given that it should continue to benefit from the write-backs from the completed projects and healthy outstanding orderbook of c.RM1.8bn. As such, we adjust our gross margin assumptions slightly higher and revise our FY17-19 higher by 52%/40%/39% respectively. Correspondingly, we also revise our TP higher to RM0.82 (from RM0.59 previously) with a higher multiple of c.11x (from c.10x previously) which is still below the sector average mean of c.13x. TRC Synergy is now upgraded to Outperform (from Trading Buy).

Outstanding order book at estimated RM1.8bn. With the new contact win secured recently from MRT Corp, the Group’s outstanding order book is estimated to be at RM1.8bn, ensuring earnings visibility for the next 2-3 years. Going forward, we believe the Group is still eyeing projects which among others include LRT3 and Pan Borneo Sabah. We understand that the LRT3 tender results should be out in the next 1-2 months, and believe that TRC Synergy has a good chance to secure at least one package, given its track record in LRT projects. Therefore, job flows for the Group is still expected to be good.
Ara Damansara property development project. The long awaited Ara Damansara property project is now believed to be at the last stages of finalization, which consists of service apartments, hotel, office block and retail mall. The first launch is expected this year, with GDV estimated at c.RM1bn. We understand that the first phase is estimated to be c.RM300m.
Source: PublicInvest Research - 25 May 2017

Hope TRC close partner, Prasarana able to finalize and get the funding by this month or early of June. Because they need to award all the 26 stations, depots and viaduct packages by this July.

Plus the Damansara project, order book will be easily hit 2.7 bil at least. Not easy to hunt for such a lean and well managed GLC company. Now the price valued at PE of 8.x ,margin of safety is relatively high for a growing business.

I hope the long waited LRT X project is able to clinch by this month. Expected valued at 550 mil +, then outstanding order book will stand at 2.3 to 2.4 billion. We can sleep tight for another next two to three years. Waiting for their coming dividend too...1.9 cents.

Generally, MRT project will guarantee the average return of 1.2 to 1.5 cents earning per quarter. Excluding the contribution from Pan Borneo project, property development at Australia (expected has already break even, assuming 50 percent profit margin), plus another LRX X proejct. TRC is marching towards RM1.2

Jen188, many punters looking for 1 cent gain, they had missed the boats since the price raised from 1st wave at 0.52..I am sure they will miss for next few waves.

逍遥子, funding unlikely to go through right issue. It will be through internal generated fund+ borrowings + strategic investor.

Unsure the crane that TRC used at previous Kelana Jaya LRT sentimental bridge erection machines were under lease contract or self ownership. If is self owned, will be a great advantage to further lower down the cost for coming LRT project.

meiling0809 , you have better alternative

http://skyisthelimitskyisthelimit.blogspot.sg/2017/05/next-growth-engines-of-luxchem-part-2.html

The reason to reschedule the launching of ara damansara project is they want to focus on mrt and another coming project. Really ,if two big scale projects running concurrently will take a lot of man power and tight in cash flow. Wise decision made by management. Hope more fund managers will continue to buy in.

We refer to the previous announcements in relation to the LTIP, which comprises share option plan and the share grant plan ("SGP").

Pursuant to the LTIP implemented effective from 1 January 2017 and Paragraph 9.19(51) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Ann Joo Resources Berhad (“AJR” or “the Company”) wishes to announce that the Company has today made the award of 17,000,000 new ordinary shares under the Share Grant Plan pursuant to the LTIP, the details of which are set out below:

(a) Date of granting: 23 May 2017

(b) Exercise price of share grant: Not Applicable

(c) Number of share grant awarded: 17,000,000

(d) Closure Market price of AJR shares on the date of award: RM3.38

(e) Number of shares granted to each director:-

Now also Huat right, next tencent..but I am sure it will be next AZRB, from RM 0.5x to RM 1. 1x.. Same group of players

TenCent= China Teng Xun share price..haha

chkhooju, fyi. Fimacorp travel document business contract will end by this 3Q2017. This will affect Kfima's dividend policy in future.

To answer Albukhary's question. Luxchem is able to pass additional cost to customers.

To answer resilient911's question. 10 percent strengthening of USD will contribute additional 1.5 million for Luxchem, which is insignificant to Luxchem if comparing to their earning power nowadays.

Otb, I think you forgot what kind of Holland stocks you had recommended. Even Warren Buffet has mistakes.

To be fair, FLB turns into assets rich company. Investment securities and cash itself have contributing more than 110mil which equivalent to Rm1 plus. Using 70 cents to buy its establish business is considered a relatively safe. However, management needs to bring down the cost further, improve the efficiency to tackle the rise of log price and diversify the product range. Don't be too harsh to judge their current QR, this company never dips into Red since they listed. Remark- I am not a FLB shareholder.

Skliew, found you here finally. You can sell Muda and switch to Insas without hesitation

http://www.businesstimes.com.sg/energy-commodities/exxonmobil-confirms-acquisition-of-jurong-aromatics-corp

ExxonMobil just bought over Singapore PetroChem Plant last week, PetronM join the force now!

Wise move Petron! Petrochem and aromatic business is another big scale money printing machine!

Stock valuation contributes to partial earning and will be offset by floating price mechanism ultimately. We should focus on their growth of sales and their refinery efficiency. Shell refinery need to pour alot more of capital to upgrade their facilities to compete with other refiners. While PetronM had upgraded in earlier years, is time to reap the fruits now.

''As one of the country’s major suppliers of petroleum
products, PDR had undergone several facility upgrades and
optimisation programmes resulting in increased efficiency
and long-term viability.
PDR proved its capability in product innovation, marking
a major milestone, when it produced the country’s first
and highest grade gasoline, the Blaze 100RON Euro 4M. It
is produced under stringent conditions to meet local and
international clean air standards.'' from AR2016

Sumato88, final figure RM115m (42.6 EPS) is only account for 73.9% of earning. Need to divide by 0.739 to represent PetronM earning, so the earning for PetronM is 57cents for 1Q17.

Haha.Petron is in danger now. Monday limit down

Remember a day before when last QR was released, price dropped too. But we all laughed all the way to bank next day.

@superstrong, kesian, stay strong..Petron is fine, but looks like you are not OK. Dont let the price to beat you down.

Bro go to Petron Philippines main page under "What's New With Us"...

Petron Philippines just released their quarter report today. All the figures are same as stated on 8th May Press Release. Just enjoy the weekend!