if im not sensitive enough to detect a good company, I would not have bought in 2.5k lots. A simple question due to the observation of recent high vol. Lol. u guys make me laugh. One thinks 2k lots is too little to ask questions. The other one cant answer a simple takeover question. Thanks people for your "help". Basically, this forum is, don't ask questions but continue cheer on the ride up.
Casio to set up presence in Malaysia. Earlier this year, Casio set up a whollyowned subsidiary in Malaysia called Casio Malaysia SB. The local unit will enable the Japanese electronics manufacturer to customise its products for the domestic market by gathering in-depth market research, as well as increasing promotional, sales and marketing activities in Malaysia. We expect the collaboration between MARC and Casio Malaysia to have a positive impact on the former, as we expect Casio to introduce more exclusive and limited edition products in the near future. Going forward, we are forecasting for MARC’s timepiece division to grow at a steady 4-5% for FY14F-FY16F, driven by a larger distribution network and the introduction of more exclusive products resulting from a maturing collaboration between the company and Casio Malaysia.
Source: RHB (30 JANUARY 2014 08:49AM Marco Holdings - The Best Of Times)
Other Casio segments. MARC also distributes other consumer electronic products from Casio. Apart from the timepieces, the company has also been distributing Casio calculators since the 1970s. Calculator sales have been increasing due to the MYR250 1Malaysia Book Vouchers handed out by the Ministry of Education. These vouchers can be redeemed at any book store for books and stationery. The continuation of this programme is expected to be beneficial to MARC, as we believe Casio calculators are popular and widely used amongst tertiary students due to their ease of use as well as their durability. Apart from calculators, the company also distributes musical instruments, label printers and Casio’s Exilim digital cameras. 30% of MARC’s revenue comes from the distribution of such products. Going forward, we see this division growing at a steady 2-3% growth y-o-y for FY14F-16Fon higher distribution.
Landbank. MARC has two pieces of undeveloped land under its belt: i) 15 acres in Melaka, and ii) 2.5 acres in Setapak, Kuala Lumpur. The company inherited the Melaka land via its reverse takeover (RTO) of Khong Guan, while the land in Setapak was acquired by MARC in 1998. We estimate that the Melaka land could fetch around MYR5-6 psf while the Setapak land is valued at MYR180-200 psf. The 15 acre land in Melaka could potentially be earmarked for MARC’s maiden property development foray while the company has not made any decision yet on the existing vacant land in Setapak.
Good one. Be patience & stay invested for long term. Marco is not an ordinary penny stock. Excellent fundamental with impressive dividends. Happy Chinese New Year guys !!
Excuse me... 100 lots (x100) will have RM 80 only. Par value at 0.10...8%....means u will get RM 0.008 for every shares u owned. RM 0.008 * 10000 units = RM 80.
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....
member41
3,718 posts
Posted by member41 > 2014-01-29 14:42 | Report Abuse
wow koi huat ah... squeeeze marco also :)