All Your Uber and Grab Promo Code HERE >> >> Link

Wednesday, July 24, 2013

Hevea 5095

Double bottom, MACD golden cross over, RSI > 50, Stochastic > 80, prices continually touching the upper Bollinger Band and low PE . All indicators showing bullish signs ..... except VOLUME ..... 



How? Buy? 

Wednesday, June 5, 2013

5219 PESTECH PESTECH INTERNATIONAL BERHAD Single Tier Final Dividend 2.0 Sen

2013Jun-PESTECH-800x600

5219 PESTECH PESTECH INTERNATIONAL BERHAD

Single Tier Final Dividend 2.0 Sen

Pestech International Bhd - A Proxy To Malaysia’s Power Infrastructure Developments

Our recent meeting with Pestech’s Management reinforces our positive view on the company. In this report, we review some of its key projects and also talk about its future prospects. Pestech is tapping on infrastructure activities in various development regions in Malaysia and has secured its first solar power-related project in Gebeng. The contract value, although small, will pave the way for Pestech to participate in more solar power-related projects in the future. We maintain our Buy call, with a RM2.80 FV, pegged to 10x the stock’s projected FY14 P/E.

5 major projects in hand. As at end-March, Pestech has 11 projects in hand with a total value of MYR392.9m. Of these, five are major projects in Johor, Sarawak and West Africa, which together make up 65.8% of Pestech’s overall contract value and will last the company for the next two years. Getting a slice of the action in development regions. Of the five major projects in hand, four are local projects related to various development regions being rolled out by the Government. Besides securing contracts from OM Materials Holdings and Asia Cement Co Ltd in the Sarawak Corridor of Renewable Energy (SCORE), Pestech is also building: i) a 275/33kV substation under a contract from Sarawak Energy Bhd (SEB); ii)the Pencawang Masuk Utama (PMU) 132/33kV Financial Centre Substation project in Nusajaya, Johor – to supply electricity within Iskandar Malaysia’s Flagship B Zone; iii) to extend Tenaga Nasional Bhd (TNB)’s existing 132kV substation at Teluk Ramunia; and iv) the infrastructure to generate 90 MVA

In the area of solar power, Pestech has bagged a project from Petronas Power SB (PPSB) for the engineering, procurement and construction (EPC) of a 33kV interconnection transmission line and underground cables from the PPSB Gebeng Solar Independent Power Plant (IPP), a utility-scale 10.02MW IPP in Gebeng, Kuantan, to TNB’s PMU at Gebeng Industrial Estate to facilitate grid connection. This is part of Petronas’ initiative to explore opportunities in green and renewable energy. Despite the relatively small contract value of MYR1.2m, this project will open the door for Pestech to participate in future solar power-related projects. VAR agreement with Siemens. Meanwhile, Pestech has via Siemens Malaysia, also sealed a value added reseller (VAR) agreement with Siemens Germany in relation to its energy automation products. This will give the company access to Siemens’ product training as a system integrator and pick up knowhow and be updated on Siemens’ new energy automation products.

Siemens globally as an approved system integrator, as it would have the competence to upgrade or extend any existing Siemens system solutions in the region. BUY, MYR2.80 FV. We like Pestech’s exposure to the growing demand for power, its own organic growth as it rolls out new products, as well as the potential of its collaboration with Siemens enhancing its position as an integrated power transmission system provider in Malaysia and the Asian region. We maintain our BUY call on Pestech, with a MYR2.80 price target, pegged at a P/E of 10x.

Monday, February 25, 2013

YTL–Time to Buy?

2013Feb-YTL-800x600

Thursday, February 21, 2013

YTL Corp Records Half-Year Revenue of RM10.2 Billion (US$3.3 Billion); Net Profit Grows 34% to RM654 Million (US$212 Million)

YTL Group Managing Director Tan Sri Dato' (Dr) Francis Yeoh Sock Ping, CBE, FICE, said, "The Group has achieved another strong quarter, with revenue topping RM10 billion for the half-year. Anchored by our water and sewerage operations in the UK and power generation and merchant multi-utilities activities in Singapore, the Group's utilities division continued to drive growth. The division has also made strides in growing the subscriber base in the mobile broadband division which owns and operates the YES 4G network.
 
"Profit in the cement division increased due to better selling prices for cement and improved concrete sales. Meanwhile, the completion of several projects in Singapore saw lower revenue recognition in our property development division but this was offset by higher profits contributed by our investment in Starhill Global REIT, which owns prime retail and office properties in Singapore's Orchard Road, Kuala Lumpur's Golden Triangle and Tokyo's upscale retail districts, as well as a retail mall in Chengdu, China, and the David Jones Building and recently-acquired Plaza Arcade in Perth.
 
"Bolstered by new assets, including Gaya Island Resort in Borneo and The Majestic Hotel Kuala Lumpur, a legendary property that has been newly restored and commenced operations during the quarter, the hotel division also performed well. Meanwhile, Starhill REIT, our hospitality REIT vehicle, completed its acquisition of the Sydney Harbour, Brisbane and Melbourne Marriott hotels in November 2012, further enhancing the REIT's international portfolio.
 
"YTL Corp's second interim dividend, together with the 10% dividend last quarter, brings the total cash dividend to 25% or 2.5 sen per share for the current year to date. This is one of the highest cash dividends declared for some time and is intended to reward YTL Corp's long-term shareholders by enhancing their return on investment."
----------------------------------
Kuala Lumpur, Thursday 21 February 2013
 
YTL Corporation Berhad announced today a 3.3% growth in revenue to RM10,194.8 million (US$3,299.3 mn) for the 6 months ended 31 December 2012, compared to RM9,868.2 million (US$3,193.6 mn) for the preceding corresponding 6 months ended 31 December 2011. Profit before taxation increased 5.8% to RM1,206.5 million (US$390.5 mn) for the first half of the financial year ending 30 June 2013, compared to RM1,140.2 million (US$369.0 mn) last year, whilst net profit attributable to shareholders increased 33.8% to RM654.4 million (US$211.8 mn) this year over RM489.2 million (US$158.3 mn) last year.
 
YTL Corp declared a second interim dividend of 15% or 1.5 sen per share, the book closure and payment dates for which are 14 March 2013 and 29 March 2013, respectively.
 
YTL Group Managing Director Tan Sri Dato' (Dr) Francis Yeoh Sock Ping, CBE, FICE, said, "The Group has achieved another strong quarter, with revenue topping RM10 billion for the half-year. Anchored by our water and sewerage operations in the UK and power generation and merchant multi-utilities activities in Singapore, the Group's utilities division continued to drive growth. The division has also made strides in growing the subscriber base in the mobile broadband division which owns and operates the YES 4G network.
 
"Profit in the cement division increased due to better selling prices for cement and improved concrete sales. Meanwhile, the completion of several projects in Singapore saw lower revenue recognition in our property development division but this was offset by higher profits contributed by our investment in Starhill Global REIT, which owns prime retail and office properties in Singapore's Orchard Road, Kuala Lumpur's Golden Triangle and Tokyo's upscale retail districts, as well as a retail mall in Chengdu, China, and the David Jones Building and recently-acquired Plaza Arcade in Perth.
 
"Bolstered by new assets, including Gaya Island Resort in Borneo and The Majestic Hotel Kuala Lumpur, a legendary property that has been newly restored and commenced operations during the quarter, the hotel division also performed well. Meanwhile, Starhill REIT, our hospitality REIT vehicle, completed its acquisition of the Sydney Harbour, Brisbane and Melbourne Marriott hotels in November 2012, further enhancing the REIT's international portfolio.
 
"YTL Corp's second interim dividend, together with the 10% dividend last quarter, brings the total cash dividend to 25% or 2.5 sen per share for the current year to date. This is one of the highest cash dividends declared for some time and is intended to reward YTL Corp's long-term shareholders by enhancing their return on investment."
 

Wednesday, January 9, 2013

Telecommunication Kenanga Target Price.

Tele

New TP for telecommunication counters by Kenanga Research.

Maxi TP – RM7.20

Axiata TP – RM6.81

Digi TP – RM5.77

TM TP – 6.80

Tuesday, January 8, 2013

SPSETIA (8664)

2013Jan-SPSETIA-800x600

Bullish?

Maybank IB Research maintains "buy" on S P Setia up target price to RM4.21 >> http://www.theedgemalaysia.com/business-news/227174-maybank-ib-research-maintains-buy-on-s-p-setia-ups-target-price-to-rm421-.html

ECM Libra Research has maintained its Hold rating on S P Setia Bhd at RM3.15 with a target price of RM3.70 >> http://www.theedgemalaysia.com/business-news/227126-ecm-libra-research-maintains-hold-on-s-p-setia-bhd-target-price-of-rm370.html

Profit / Loss Calculator

Enter the details and click on the compute button to find out if you are making a profit or a loss.
 Contract Details
  No of Shares Price (RM) Brokerage Rate Desired Profit
Buy
Sell    
 

Contract Type
Share Bought From:
Clearing Fee For:
 Results
 Details Buy  Sell  
 Proceeds 0.00  0.00  
 Brokerage Fee 0.00  0.00  
 Clearing Fee 0.00  0.00  
 Stamp Duty 0.00  0.00  
 Net Amount 0.00  0.00  
 Summary
 Breakeven Price 0.00  
 Buy Net Amount 0.00  
 Sell Net Amount 0.00  
 Profit/Loss 0.00  

Price Range Index
 
Stepping Method:
 Auto Computation (Profit/Loss)
Sell Price  Net Amount  Profit/Loss  
0.00  0.00  0.00  
0.00  0.00  0.00  
0.00  0.00  0.00  
0.00  0.00  0.00  
0.00  0.00  0.00  
0.00  0.00  0.00  
0.00  0.00  0.00  
0.00  0.00  0.00  
0.00  0.00  0.00  
0.00  0.00  0.00