Indeed CMSB has a abundance of opportunities. Regardless a lot of speculation this is a BN counter , you can’t deny this cmsb is one of the main player for Sarawak development.
It has a lot of areas to unlock to achieve greater heights , especially they have diverted their business into many sectors.
It would be safe to say this company is financially healthy , in a very green profit margin area . But not many institution is investing . Hopefully sooner they will pick this
In terms of valuation it is still trading way below its historical mean. On average the stock normally trades at 13.5x fwd PE and 1.2x fwd PB. At the current fwd PE of only 4.7x and PB of only 0.3x, I think investor could be well rewarded once the clouds of the interest rate hike passes.
In addition to that, the company will received a sum of USD120mil for the disposal of OMS which will strengthen its balance sheet further to a net cash position of more than RM500 mil or 47 sens per share.
The company also have a dividend payment policy of 30% of profit of 2 sens per share, whichever is higher. So if there is no capital needs in the future, given that a big chunck of the capex spending has already pass with the completion of MPAS facility last year, investors might be rewarded further with a higher dividend payment in the future. If the company managed to deliver a profit of RM200 mil, this will translate to a dividend payment of RM60mil or 5.5 sens per share which gives a dividend yield of 6.5% at the current share price.
Jawatan TPM sudah lama disandang oleh orang Semenanjung. Sekarang, tiba masanya perlu di sandang oleh orang Sabah dan Sarawak. Janganlah Semenajung ambil semua jawatan penting.
The Senedd (pronounced [ˈsɛnɛð] (listen); transl. parliament/senate), officially known as the Welsh Parliament in English and Senedd Cymru (Welsh pronunciation: [ˈsɛnɛð ˈkəm.ri]) in Welsh,[2] is the devolved, unicameral legislature of Wales. A democratically elected body, it makes laws for Wales, agrees certain taxes and scrutinises the Welsh Government.[3] It is a bilingual institution, with both Welsh and English being the official languages of its business.[4] From its creation in May 1999 until May 2020, the Senedd was known as the National Assembly for Wales (Welsh: Cynulliad Cenedlaethol Cymru).
The Wales Act 2014 and Wales Act 2017 devolved the following taxes to the Welsh Assembly:
Non-Domestic Rates in Wales – from 1 April 2015 Land Transaction Tax (LTT) – from 1 April 2018 Landfill Disposals Tax (LDT) – from 1 April 2018 Welsh Rates of Income Tax (WRIT) – from 1 April 2019
The Northern Ireland Assembly (Irish: Tionól Thuaisceart Éireann;[1] Ulster Scots: Norlin Airlan Assemblie[2]), often referred to by the metonym Stormont, is the devolved legislature of Northern Ireland. It has power to legislate in a wide range of areas that are not explicitly reserved to the Parliament of the United Kingdom, and to appoint the Northern Ireland Executive. It sits at Parliament Buildings at Stormont in Belfast.
The Scottish Parliament (Scottish Gaelic: Pàrlamaid na h-Alba [ˈpʰaːrˠl̪ˠəmɪtʲ nə ˈhal̪ˠapə]; Scots: Scots Pairlament)[2][3][4] is the devolved, unicameral legislature of Scotland. Located in the Holyrood area of the capital city, Edinburgh, it is frequently referred to by the metonym Holyrood.[5] The Parliament is a democratically elected body comprising 129 members known as Members of the Scottish Parliament (MSPs), elected for five-year terms[6] under the additional member system: 73 MSPs represent individual geographical constituencies elected by the plurality (first-past-the-post) system, while a further 56 are returned as list members from eight additional member regions. Each region elects seven party-list MSPs. Each region elects 15 to 17 MSPs in total.[7] The most recent general election to the Parliament was held on 6 May 2021, with the Scottish National Party winning a plurality.
Powers of the Scottish Parliament Edit All matters that are not specifically stated in Schedule 5 to the Scotland Act as reserved matters are automatically devolved to the Scottish Parliament.[78] The Scottish Parliament has powers over areas such as:
agriculture, fisheries, animal welfare, and forestry environment, land registration and use food safety and food standards consumer advocacy and advice water and sanitation the Crown Estate economic development and inward investment income tax on non-savings and non-dividend income issue of Scottish Government bonds to finance capital investment Council Tax, Business rates, Air Departure Tax, Land and Buildings Transaction Tax and Scottish Landfill Tax education (early, primary, secondary and tertiary) and training Scots language and Gaelic language health and social care legal system, human rights and legal aid civil and criminal law courts and tribunals legal profession police and fire and rescue services prisons and parole air guns alcohol licensing civil registration, census, demography, statistics, national archives planning permission local government culture, sport, the arts, heritage and tourism parking controls, bus policy, concessionary fares, cycling, taxis and minicabs railway services, franchising, and construction of new railways road network, trunk road management, road signs and speed limits shipping, ports, inland waterways, harbours and ferries housing, homelessness and building standards charities onshore petroleum heating and cooling bank holidays welfare foods for pregnant women, mothers and children devolved social security benefits
Want Sarawak support can. But first, give back our MA63 things back. Secondly, Deputy Prime Minister must come from Sabah and Sarawak. We only wanted MA63 things now. Tidak mahu janji janji sebab semua janji janji kosong sahaja. Mahu support, ikhlaslah sikit tak kira mana mana pihak.
Congrats CMSB as the backbone of funding GPS Sarawak. GPS has announced to be in the unity government with PH + BN + GPS Sarawak + GRS Sabah. Ofcourse PM10 will give the GPS Sarawak in federal seat; full minister role. I agreed with @oldtownguy & @newbie9893 this stock will shoot any time from now.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
unomi12
342 posts
Posted by unomi12 > 2022-09-25 22:24 | Report Abuse
Please share the article here.
Indeed CMSB has a abundance of opportunities.
Regardless a lot of speculation this is a BN counter , you can’t deny this cmsb is one of the main player for Sarawak development.
It has a lot of areas to unlock to achieve greater heights , especially they have diverted their business into many sectors.
It would be safe to say this company is financially healthy , in a very green profit margin area . But not many institution is investing .
Hopefully sooner they will pick this