so glad I re-bought the this stock after trading for a small profit in 2021. got some small lots on the dip after bilis sold on the panic mode. currently looking at 32% paper gain on this stock alone. one word: sweet
Budget 2023 announcement by Minister of Finance, Anwar Ibrahim is now live. Learn More Budget 2023 announcement by Minister of Finance, Anwar Ibrahim is now live. Learn More
BUSINESS Budget 2023: RM7bil Kulim Airport project cancelled as airports in Penang & Subang get major upgrade?
By Azanis Shahila Aman February 24, 2023 @ 5:17pm The government plans to expand and upgrade Penang International Airport and Subang Airport here to attract more investors, traders and tourists. The government plans to expand and upgrade Penang International Airport and Subang Airport here to attract more investors, traders and tourists. KUALA LUMPUR: The government plans to expand and upgrade Penang International Airport and Subang Airport here to attract more investors, traders and tourists.
Prime Minister Datuk Seri Anwar Ibrahim said these plans will be far cheaper than building a new airport in Kulim, Kedah that will cost RM7 billion.
"In order to support and encourage the influx of investors, traders and tourists, the government plans to expand and improve the capacity of Penang International Airport and Subang Airport.
"The expansion proposal that will be led by Malaysia Airports Holdings Bhd is expected to benefit economic growth at a much lower cost than the proposal to build a new airport in Kulim which is estimated at RM7 billion," he said when tabling the revised 2023 Budget 2023 today.
7. PROFIT/(LOSS) BEFORE TAX AND ZAKAT Q4 2022 Q4 2021 -Financial liabilities* (457,812) 79,813 *The impact of the reduction of Utilisation Fees amounting to EUR116.7 million, equivalent to RM546.2million granted by the Presidency of Defence Industries of Türkiye (SSB) on 28 December 2022 for Force Majeure event in 2020 and 2021 (COVID-19 period) has reduced the future liabilities on concession payment to be paid by Istanbul Sabiha Gokcen Uluslararasi Havalimani Yatirim Yapim ve Isletme A.S. (ISG). Accordingly, the utilisation fee liability was re-assessed which has resulted in decrease in the finance cost by EUR115.0 million, equivalent to RM535.9 million.
Lost plenty of money in 2020 and 2021. Very inconsistent earnings for the past 10 years. Don't think I would ever invest in such kind of counter. Surprisingly, it could still command such a high price.
Investors of Malaysia Airports Holdings have received dividends which amounted to 13.91 sen since the beginning of 2020 but Maybank investors have already received RM2.07 during the same period.
increase passenger tax impose oxygen tax on all people entering terminal collect toilet tax per stool and per ml toilet paper is extra charges trolley must pay sit down must pay per hour
guys not surprised. you all forgot that today is Quadruple Witching Day? Happens every quarter 4 times a year. Fund managers doing portfolio rebalancing. monday back to normal.
Malaysia Airports Holdings Berhad AIRPORT Share Price 7 Day 1 Year 7.18 -1.6% 12.2%
Third quarter 2023 earnings released: EPS: RM0.048 (vs RM0.014 loss in 3Q 2022) Third quarter 2023 results:
EPS: RM0.048 (up from RM0.014 loss in 3Q 2022). Revenue: RM1.28b (up 48% from 3Q 2022). Net income: RM80.3m (up RM103.8m from 3Q 2022). Profit margin: 6.3% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue.
Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Infrastructure industry in Asia.
Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Surprisingly Malaysia Airports Holdings which lost a total of over RM1.8 billion in 2020 and 2021, pays meagre dividends during normal times can command such a high price. This year's earnings shouldn't exceed 20 sen a share.
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....
James_Bond
3,464 posts
Posted by James_Bond > 2023-01-09 15:50 | Report Abuse
Congratulations, airport shareholders!