Thursday, December 18, 2014

IOI Properties, BToto, Genting Malaysia, SCGM, Perduren, Ideal Sun City, Pan Malaysia, EA Technique


By Supriya Surendran / theedgemarkets.com   | December 18, 2014 : 8:22 PM MYT   

KUALA LUMPUR (Dec 18): Based on corporate announcements and news flow today, the companies that may be in focus tomorrow (Dec 19) could include: IOI Properties Group Bhd ( Financial Dashboard), Berjaya Sports Toto Bhd, Genting Malaysia Bhd ( Financial Dashboard), SCGM Bhd, Perduren Bhd, Ideal Sun City Holdings Bhd, Pan Malaysia Holdings Bhd ( Financial Dashboard), EA Technique Bhd.

IOI Properties Group Bhd executive chairman Tan Sri Lee Shin Cheng said there are no China investors in the company, further allaying Taiwan's concern over the group's planned acquisition of a major stake in the iconic Taipei 101 tower in Taiwan.

IOI Properties is buying a 37.17% stake in Taipei Financial Center Corp, which owns the Taipei 101, for RM2.74 billion.

IOI Properties had earlier clarified that its investment in Taipei Financial had no political agenda. IOI Properties also said it would not seek management control of the skyscraper, if the deal materialises.

The issue of China investment is seen as a taboo, when it comes to foreign investments in Taiwan. This is because mainland China considers Taiwan a renegade province, due to their historical political ties.

“I can say that there is none (no China investors in IOI Properties). I have been interviewed by the Taiwan media, answered a lot of questions, so I think the issue has probably cooled down," Lee told a press conference after IOI Properties' extraordinary general meeting. Today's press conference was also Lee's first meeting with local media after the group’s planned Taipei 101 investment hit the headlines.

IOI Properties shares closed up 1 sen today to RM2.28, giving it a market capitalisation of RM7.35 billion.

Berjaya Sports Toto Bhd's (BToto) net profit jumped 20.6% to RM99.7 million in the second financial quarter ended Oct 31, 2014 (2QFY15) from RM82.6 million a year ago, on better earnings from its principal subsidiary, Sports Toto Malaysia Sdn Bhd.

Sports Toto recorded a 6.7% increase in profit due to lower prize payout despite raking in lower revenue.

The group's 2QFY15 revenue jumped 44.7% to RM1.25 billion from RM866.9 million a year earlier, mainly attributable to the consolidation of HR Owen Plc in the quarter, BToto said in its filing with Bursa Malaysia today.

The group also declared a second interim dividend of 6 sen per share, payable on Feb 13, 2015.

BToto shares closed at RM3.48 today, giving it a market capitalisation of RM4.66 billion.

Genting Malaysia Bhd said its indirect wholly-owned subsidiary RW Orange County LLC's proposal for a gaming facility in upstate New York has been rejected.

The gaming group said on Wednesday (Dec 17), the New York Gaming Facility Location Board announced that it has selected three destination gaming resorts to be considered for commercial casino licenses by the New York State Gaming Commission.

“We wish to announce that RW Orange County LLC has not been successful in its applications,” it added.

Genting Malaysia’s indirect wholly-owned subsidiary, RW Orange County, had on June 30, 2014 submitted applications to participate in the selection process for the project.

Genting Malaysia shares closed down 12 sen today to RM3.95, bringing a market capitalisation of RM22.4 billion.

SCGM Bhd, which manufactures thermo-vacuum form and vacuum plastic packaging, saw its net profit for its second financial quarter ended Oct 31, 2014(2QFY15) increase by 12.6% to RM3.04 million, from RM2.7 million a year ago, on lower input costs.

The company also benefited from the drop in fuel and commodity prices, which boosted its profitability in 2QFY15.

Revenue for 2QFY15 grew by a marginal 0.38% to RM26.12 million from RM26.02 million in 2QFY14, as sales for year-end festivities offset the general slowdown in the domestic market.

SCGM shares closed up 7 sen to RM1.74 today, bringing a market capitalisation of RM139.2 million.

Datuk Kamaluddin Abdullah and Datuk Mazlin Md Junid have emerged as substantial shareholders of Perduren Bhd, following their takeover offer of the property investment company last Monday.

Filings with the exchange showed that Kamaluddin, son of former prime minister Tun Abdullah Ahmad Badawi and a substantial shareholder of Scomi Group Bhd ( Financial Dashboard), now holds a 9.26% direct stake or 12.5 million shares in Perduren, in addition to an indirect 33.06% stake.

Mazlin, former president and CEO of Daya Materials Bhd ( Financial Dashboard), has an indirect 21.79% interest in the company.

Perduren shares closed down 8 sen to RM2.16 today, with a market capitalisation of RM291.42 million.

The property acquisitions proposed by Ideal Sun City Holdings Bhd worth RM26 million have been deemed "fair and reasonable" by TA Securities Holdings Bhd.

TA Securities is the independent adviser to Ideal Sun City's minority shareholders.

"On an overall basis, we are of the view that the proposed acquisitions are fair and reasonable and not detrimental to the non-interested shareholders," TA Securities said in a filing with Bursa Malaysia today.

It recommended that Ideal Sun City's shareholders vote in favour of the proposed acquisitions in the upcoming extraordinary general meeting.

Ideal Sun City, a project management services provider, had on Sept 9 this year proposed to acquire 46 units of stratified commercial space known as Ideal CEO Executive Suites in Penang for RM18 million from Ideal Capital Intelligence Sdn Bhd via its wholly owned unit Ideal Consortium Sdn Bhd.

Ideal Sun City shares closed up 4 sen to 47.5 sen today, with a market capitalisation of RM67.21 million.

Bursa Malaysia has slapped Pan Malaysia Holdings Bhd with an unusual market activity query on its recent share price and volume rise.

"We draw your attention to the recent rise in price and volume of your company’s shares," exchange regulator Bursa Malaysia told Pan Malaysia today.

Share prices of Pan Malaysia, which is involved in hotel and financial services, have more than doubled since last Friday (Dec 12) to current levels. The stock had climbed on news that Malayan United Industries Bhd (MUI) (Financial Dashboard) was selling its 69.19% stake in the company to Datuk Dr Yu Kuan Chon for RM77.12 million.

Dr Yu is the chairman and executive director of YNH Property Bhd. Upon completion, Dr Yu will see his Pan Malaysia stake rise to a controlling 74.52% from 5.33%.

The stock has soared 321% so far this year, significantly outperforming the FBM KLCI's 9% decline.

Pan Malaysia shares ended the day up 5.5 sen at 28 sen, with a market capitalisation of RM260.08 million.

Substantial shareholder Johor Corp has upped its stake in shipping firm EA Technique Bhd by acquiring 14.8 million shares or a 2.9% stake.

Following the purchase, the Johor investment arm now holds 269.8 million shares or a 53.5% equity stake in the firm.

The transaction was completed on Dec 11, the same day the firm debuted on the Main Market of Bursa Malaysia.

EA Technique shares closed up 2 sen to 49.5 sen today, bringing a market capitalisation of RM241.92 million.

Wednesday, December 17, 2014

V.S. Industry, Hiap Teck Venture, Sarawak Oil Palms, MMC Corp, Gamuda, Pelikan International Corp, Mah Sing Group and TH Heavy Engineering


By Supriya Surendran / theedgemarkets.com   | December 17, 2014 : 8:18 PM MYT   

KUALA LUMPUR (Dec 17): Based on corporate announcements and newsflow today, the companies that may draw interest tomorrow could include the following: V.S. Industry Bhd, Hiap Teck Venture Bhd, Sarawak Oil Palms Bhd, MMC Corp Bhd, Gamuda Bhd, Pelikan International Corp Bhd, Mah Sing Group Bhd and TH Heavy Engineering Bhd.

Electronic Manufacturing Services (EMS) provider V.S. Industry Bhd achieved a 268% jump on net profits for the first financial quarter ended Oct 31, 2014 (1QFY15) to RM35.22 millon, from RM9.56 million in the same quarter a year ago, on higher sales and a better sales mix, contributed by its Malaysian operations.

In an announcement to Bursa Malaysia today, V.S. said its revenue for 1QFY15 had grown 24.5% to RM544.56 million, from RM437.26 million in 1QFY14, due to higher sales achieved.

V.S. managing director Datuk Gan Sem Yam said the first and fourth quarters of the financial year, were the strongest for the company, as customers increase orders in preparation for the year-end festivities.

“This commendable 1QFY15 [results] reflects our partnership with strong global brands who are still focused on expanding their market share, and along with our key customer development, we have invested substantially in production capacity in our Malaysian operations in recent years, and are now reaping the benefits of these strategies,” he said in a separate statement today.

Its share price closed up 2 sen to RM2.17 today, rising to a market capitalisation of RM435 million.

Hiap Teck Venture Bhd’s integrated steel mill in Kemaman, Terengganu, is currently undergoing a trial-run, said its deputy chairman Tan Sri Law Tien Seng, who controls 26.31% stake.

"The plant is already completed and on trial run. We are just waiting for the production to start running smoothly. So, if there's no major problems, we should start producing before year end," Law told the media, after the company’s AGM today.

Revenue and profit contribution from the plant will kick-in next year, Law said, but he declined to divulge of the expected amount.

For its first quarter ended Oct 31, 2014 (1QFY15), Hiap Teck reported a 79% fall on in net profits to RM2.84 million, from RM14.06 million in 1QFY14, mainly due to lower other income reported, and share of loss of a jointly controlled entity of RM4.97million.

The company reported a 13.7% increase in revenue to RM307.46 million in 1QFY15, compared to the same period a year ago, when it reported a revenue of RM270.45 million mainly due to higher sales volume achieved in its trading division.

The integrated steel mill is a joint-venture project between Hiap Teck and China Shougang International Trade and Engineering Corp. Shougang is also substantial shareholder of Hiap Teck, with an equity stake of 9.09%.

Hiap Teck shares closed up 1.5 sen, or 2.8% today giving it a market capitalisation of RM392.08 million.

Sarawak Oil Palms Bhd (SOP) has withdrawn its bid to acquire a 60% stake in DD Pelita Sebungan Plantation Sdn Bhd and Mutiara Pelita Genaan Plantation Sdn Bhd from Double Dynasty Sdn Bhd (DDSB) and Mutiara Hartabumi Sdn Bhd (MHSB), for RM134.9 million, after the vendors failed to obtain consent from the authority for the sale and transfer of their sale shares.

DD Pelita and Mutiara Pelita have collectively planted 9,661ha of oil palm estates in Sarawak, with an estimated average age profile of 5.5 years.

In a filing with Bursa Malaysia today, SOP said it was informed by the vendors (DDSB and MHSB) that the latter were unable to obtain the consent from the Ministry of Land Development for the sale and transfer of their sale shares, which was one of the conditions precedent in the share sale agreement (SSA).

"(As such,) the vendors are giving notice to rescind the SSA, pursuant to clause 4.5.1 of the SSA. As the sale and purchase agreement (SPA) is conditional upon the completion of the SSA, the SPA would also be rescinded," it added.

SOP noted it is currently contemplating its next course of action, which would include the recovery of the deposit and the cessation of its representative as a director in DD Pelita and Mutiara Pelita.

Its share price closed up 11 sen or 2.08% today to RM5.39, rising to a market capitalisation of RM2.36 billion.

The 50:50 joint venture firm of MMC Corp Bhd and Gamuda Bhd, MMC Gamuda KVMRT (T) Sdn Bhd (MGKT), which is the underground work package contractor for the MRT project Line 1, will spend over RM100 million on refurbishing and upgrading its tunnel boring machines.

MGKT's head of tunneling Ng Hau Wei said the refurbishment and modification works of the tunnel boring machines are in preparation for its next tunneling job.

The works included the storage and preservation of the boring machines.

MGKT will partner German firm Herrenknecht AG to undertake the necessary works for 10 tunnel boring machines, the same ones which were deployed for MRT Line 1.

Under the agreement, Herrenknecht AG will collaborate with local steel works and heavy engineering specialist Waiko Engineering Works Sdn Bhd, to jointly carry out the machine refurbishment works.

MMC Corp shares closed down 1 sen or 0.45% to RM2.22 today, arising to a market capitalisation of RM6.82 billion, while Gamuda shares closed up 1 sen or 0.21% to RM 4.81 today, rising to a market capitalisation of RM11.22 billion.

Pelikan International Corp Bhd has received approval from its shareholders for its proposed business re-organisation scheme, during its extraordinary general meeting held today.

In a statement to Bursa Malaysia this afternoon, Pelikan said the group was set to realise an estimated gain of RM130 million and raise RM390 million cash on completion of the scheme.

The successful fund raising will also serve to strengthen Pelikan’s balance sheet, where gearing would be substantially reduced to 0.38 times.

Its cash per share will also be raised to RM1, from 22 sen as at the end of 2013, and overall net asset per share improve to RM1.31, from RM1.06.

"One of the key rationales of the exercise is to consolidate the group’s stationery sales and distribution business into Herlitz, to create a clearly defined organisational structure of management and business," said President and CEO of Pelikan Loo Hooi Keat.

Pelikan share price gained two sen or 2.05% to 99.5 sen today, giving the company a market capitalisation of RM545.63 million.

Mah Sing Group Bhd will appoint Topotels Sdn Bhd to run the former's Meridin Hotel Suites in Iskandar Malaysia, Johor.

In a press release today, Mah Sing group managing director Tan Sri Leong Hoy Kum said its wholly-owned subsidiary, Meridin Hospitality Sdn Bhd, had signed a letter of intent with Topotels.

“Meridin@Medini is poised to benefit from its location just right next door to Legoland Malaysia, which drew more than 1 million visitors since its opening. The project has done very well, and we are optimistic of very good response to Meridin Suites as well,” Leong said.

Meridin Hotel Suites comprises two 27-storeys blocks, which come with studios, besides one and two-bedroom suites in phase 2 of Meridin@Medini.

Mah Sing share price climbed 12 sen or 5.56% today to RM2.28, rising to a market capitalisation of RM3.36 billion for the property developer.

Bursa Malaysia has publicly reprimanded TH Heavy Engineering Bhd for breaching the main market listing requirements, as it failed to do relevant adjustment to its quarterly financial results stated in the company’s announcement.

In a statement, Bursa Malaysia said TH Heavy has failed to ensure that the company’s announcement dated Feb 28, on the fourth quarterly report for the financial year ended Dec 31, 2013 (4QFY13), took into account the adjustments which were made in the annual audited accounts for  FY13 announced on Apr 30, 2014.

“The failure to take into account the adjustments was in contravention of Paragraph 9.16(1)(a) of the Bursa Malaysia Securities Main Market Listing Requirements (Main LR), where a listed issuer must ensure that each announcement made is factual, clear, unambiguous, accurate, succinct and contains sufficient information to enable investors to make informed investment decisions,” Bursa Malaysia said.

TH Heavy share price went up 1.5 sen to 30sen today, giving it a market capitalisation of RM333.32 million.

Tuesday, December 16, 2014

Malaysia Smelting, WZ Satu, SP Setia, Gamuda, Tadmax, ECM Libra, LFE, Petronas Gas, Dialog, Malaysia Pacific Corp, CAB Cakaran, and Masterskill



By Shalini Kumar / theedgemarkets.com   | December 16, 2014 : 8:45 PM MYT   


KUALA LUMPUR (Dec 16): Based on news flow and corporate announcements today, companies that may be in focus tomorrow (Dec 17) could include: Malaysia Smelting Corp Bhd ( Financial Dashboard), WZ Satu Bhd (Financial Dashboard), SP Setia Bhd ( Financial Dashboard), Gamuda Bhd ( Financial Dashboard), Tadmax Resources Bhd ( Financial Dashboard), ECM Libra Financial Group Bhd ( Financial Dashboard), LFE Corp Bhd ( Financial Dashboard), Petronas Gas Bhd, Dialog Group Bhd ( Financial Dashboard), Malaysia Pacific Corp Bhd ( Financial Dashboard), CAB Cakaran Corp Bhd ( Financial Dashboard) and Masterskill Education Group Bhd. ( Financial Dashboard)

Malaysia Smelting Corp Bhd expects to see an additional 15% in overall smelting capacity, with the addition of a sixth fuel-fired reverberatory furnace, built at a cost of about RM3.5 million.  

MSC's current annual refined tin production is about 35,000 tonnes, representing about 10% of the world's production of refined tin.

MSC shares ended the day 1.92% or five sen higher at RM2.65, with a market capitalisation of RM256 million. 

WZ Satu Bhd's wholly-owned subsidiary, WZS KenKeong Sdn Bhd, has won a RM33.7 million contract from Laksana Amanbina Sdn Bhd for infrastructure works.

The contract entails the construction and completion of earthworks, infrastructure works and street lighting services in Kuantan, Pahang. 

WZ Satu shares closed down 11 sen or 6.92% at RM1.48 today, bringing a market capitalisation of RM381.41 million.

SP Setia Bhd expects sales for the financial year ending Oct 31, 2015 (FY15) to be flat or slightly lower at RM4.6 billion, after achieving total sales of RM4.62 billion for FY14.

The property developer said it achieved sales of RM922 million for the fourth financial quarter ended Oct 31, 2014 (4QFY14). The group's total unbilled sales stands at RM11.1 billion, which will be carried forward to FY15.

SP Setia saw its net profit rise marginally by 1.3% to RM131.31 million for 4QFY14 from RM129.64 million a year ago. Revenue for 4QFY14 increased 17.7% to RM1.23 billion from RM965.68 million a year ago. 

For the full year (FY14), net profit fell 3% to RM405.68 million from RM418.35 million a year ago. This was despite revenue rising 16.8% to RM3.81 billion from RM3.26 billion.

SP Setia closed one sen higher at RM3.24, with a market capitalisation of RM8.22 million. 

Gamuda Bhd saw its net profit for the first quarter ended Oct 31, 2014 (1QFY15) rise 12% to RM185.85 million, from RM165.48 million in the same period last year, on higher contribution from its property, water and expressway concessions divisions.

Revenue for the quarter also improved 17% to RM569.64 million, from RM486.12 million

It also declared a single-tier interim dividend of 6 sen per share, which will be paid on Jan 28, 2015. 

On its outlook, the group anticipates a good performance this year, from on-going construction projects, substantial unbilled sales of the property division, and steady earnings from the water and expressway concessions division.

Gamuda closed unchanged at RM4.80 today, giving it a market capitalisation of RM11.2 billion.

1Malaysia Development Board Bhd (1MDB) will be getting its hands on Tadmax Resources Bhd's 310 acres (125ha) vacant leasehold land in Pulau Indah, Klang, Selangor, for RM294.37 million, which is a RM23 million or 7% discount from the original RM317.34 million that was agreed upon in a share sale agreement in February 20 this year.

Tadmax told Bursa that it has entered into a supplemental share sale agreement with 1MDB's unit Ivory Merge Sdn Bhd yesterday (Dec 15) to vary certain terms and conditions of the earlier share sale agreement (SSA) in relation to the sale.

Tadmax's earlier SSA involved the group disposing of the entire issued and paid-up share capital of its wholly owned unit, Tadmax Power Sdn Bhd, for RM317.34 million. Tadmax Power is currently the registered and beneficial owner of the Pulau Indah land.

"The disposal consideration [of Tadmax Power] will be revised from RM317.34 million to RM294.38 million, calculated at revised RM21.80 per sq ft vis-à-vis previously RM23.50 per sq ft of the subject land measuring 310 acres," read the announcement.

The supplementary agreement yesterday also stipulated that the land will be sold on an "as is where is basis" in place of Tadmax being obliged to undertake a conversion of the use of the land from 'bangunan' (building) to 'industri' (industry). 

It added that the completion of the deal shall be on or before June 30 next year. Tadmax had already received a 10% deposit from Ivory Merge upon the execution of the SSA in February.

The variation in disposal price will reduce the post-tax gain on the proposed disposal by RM4.2 million to RM144.5 million, which is a 1.5% reduction, "as a result of lower gross proceeds of RM23.0 million set-off against Tadmax's share of the land conversion premium amounting to RM18.8 million which the company need not now bear since the land is being sold on an 'as is where is basis'".

Tadmax shares closed down 0.5 sen , or 1.41% to 35 sen today, giving it a market capitalisation of RM155.67 million.

ECM Libra Financial Group Bhd raked in a net profit of RM21.45 million in its third financial quarter ended Oct 31 this year, an increase of 335.53% year-on-year from RM4.93 million. 

Its revenue also soared 228.38% to RM25.08 million from RM7.64 million in 2013. Earnings per share increased more than fourfold to 8 sen from 2013's 1.84 sen.

In a filing with Bursa, the financial services group attributed the higher profit to higher gain on disposal of securities and dividend income during the quarter.

As for its nine months ended Oct 31, the group's net profit has more than doubled to RM26.09 million from RM12.63 million a year ago. 

Revenue came in 65.48% higher at RM36.75 million from RM22.21 million in 2013.

ECM Libra closed 0.5 sen or 0.55% lower at 90 sen, with a market capitalisation of RM242.29 million. 

LFE Corp Bhd won a RM350 million provisional contract from Shapadu Corp Sdn Bhd to build the proposed RM600 million Shapadu City Village development in Putrajaya.

The project involves the engineering, procurement and construction of Shapadu City Village, said LFE.

It is expected to commence today with a three-year completion target.

LFE shares closed up 0.5 sen or 3.6% to 14.5 sen today, giving it a market capitalisation of RM12.31 million.

Petronas Gas Bhd (PetGas) is now the controlling shareholder in Pengerang LNG (Two) Sdn Bhd (PLNG-2), a special vehicle which used to be wholly owned by Dialog LNG Sdn Bhd, which is in turn a wholly owned unit of Dialog Group Bhd.

Dialog told Bursa that PLNG-2 has ceased to be a subsidiary of Dialog Group following PetGas' subscription of 780,000 ordinary shares - representing a 72.22% stake in PLNG-2 - for RM780,000, cash. This means that Dialog LNG now only holds 27.78% in PLNG-2.

According to the shareholders' agreement signed on Nov 14 this year, PLNG-2 will be restructured whereby PetGas will acquire 65%, Dialog LNG to hold 25% and the SSI to hold the remaining 10%.

PetGas closed 24 sen or 1.13% lower at RM21, with a market capitalisation of RM41.6 billion, while Dialog lost five sen or 3.82% to end at RM1.26. 

Malaysia Pacific Corp Bhd's (MPC)  auditors, Messrs BDO have voluntarily resigned, effective upon the appointment of the new auditors at the forthcoming annual general meeting (AGM) of the company. 

MPC said it was not aware of any matters that needed to be brought to the attention of shareholders in regard to Messrs BDO's resignation as the company's auditor. 

In the company’s latest annual report, BDO has issued a disclaimer of opinion paragraph that the auditors were not able to form an opinion on MP Corp’s financial accounts due to insufficient evidence.

Among the items that BDO had pointed out on MP Corp’s accounts were the net losses of RM31.13 million and RM176.52 million respectively in the financial year ended June 30. MP Corp’s current liabilities had exceeded current assets by RM262.97 million. The auditors have also expressed concern on the ability of MP Corp to continue as going concerns.

The company now seeks to appoint Messrs UHY as MPC's new auditors at the upcoming AGM. 

MPC closed unchanged at 20 sen with a market capitalisation of RM57.53 million. 

CAB Cakaran Corp Bhd said Like Store Sdn Bhd, a 51%-owned unit of CAB Cakaran Sdn Bhd, which is in turn a wholly owned subsidiary of the group, is buying 25 pieces of agricultural land in Johor for RM41 million.

Like Store has entered into sale and purchase agreements to buy 18 pieces of land from Flavour Right Sdn Bhd for RM30.8 million, five from Positive Honour Sdn Bhd for RM8.1 million, and two from Banghong Agri Resources Sdn Bhd for RM2.1 million.

The acquisitions will be funded through internally generated funds and external borrowings, but have not determined the breakdown between the sources of funding.

CAB expects to complete the acquisitions within three months of completing the conditions precedent.

The counter fell 3 sen or 3.13% to 93 sen today, bringing its market capitalisation to RM123.01 million.

Masterskill Education Group Bhd has aborted its plan to dispose of its Cheras, Kuching, Kota Kinabalu and Johor campuses, after its board was unable to agree on a revised sale consideration based on the property valuation done by Cheston International (KL) Sdn Bhd.

Cheston had ascribed an indicative market value of RM110.4 million for the properties, higher than the initial indicative sale consideration of RM75 million offered by the group's major shareholder Siva Kumar M Jeyapalan.

The board said it would seek alternatives to implementing its asset light strategy and raising funds for the company. 

Masterskill shares shed 0.5 sen or 0.8% to close at 59.5 sen, with a market capitalisation of RM223.77 million. 

Car Battery oh Car Battery

Now car battery can not last.

My car and my wife car battery also gone.

Today I change my car Proton Iswara battery Incoe NS60. ( Bought at 16/1/2013, today mati)



RM 165 - trade in old battery RM 150.

My wife car battery is Kelisa panasonic NS40 (RM 170) but I take CENTURY MARATHONER RM 160. ( Bought at 30/1/2013, today mati)



Lelong car battery price, average RM 170 - http://www.lelong.com.my/kx/century+battery.htm



Trade in old battery -RM 10


430 billion gone oh 430 billion gone

1010股下跌‧今年来最低 马股失守1700蒸发430亿

1010股下跌‧今年来最低 马股失守1700蒸发430亿
Created 12/16/2014 - 08:33
(吉隆坡15日讯)国际油价持续激烈波动,亚股今日全线下跌,马股重量级股项遭抛售,富时隆综指闭市跌破1700点,收报1697.31点,全日挫2.05%或35.68点。

闭市时,综指全日成交量达20亿6481万5300股。一天之内,马股总市值就损失了430亿令吉,闭市时为1.5855兆令吉。

上周五,马股市值达1.6285兆令吉。


综指今日以1715.87点报开,随后股价节节南下,更一度下挫37.39点,报1695.6点,写下今年来最低点。

距离上一次闭市跌破1700点,是在去年8月28日,当时闭收1686.17点,盘中一度下挫至1660点,为全年最低点。

今日闭市时,全场多1010只股下跌,只有66只股上扬,116股平盘挂收,523股则无交易。

多只重量级股项蒙受卖压,包括联合种植(UTDPLT,2089,主板种植股)、吉隆甲洞(KLK,2445,主板种植股)、永旺信贷(AEONCR,5139,主板金融股),以及国油贸易(PETDAG,5681,主板贸服股)。

吉隆甲洞跌幅最大,闭市收报20.10令吉,全日跌1.22令吉或1.22%,成交量达85万600股。

永旺信贷闭市跌86仙或7.52%,报10.58令吉,共31万7900股易手。

趁低吸纳蓝筹股

达证券指出,种种迹象显示,综指在过去两周虽历经修正期,但“熊市”并未离去,本周将再下探。

综指上周抵达15个月以来的低点(1730点),跌破1700点心理水平后,或将引起强劲卖压,下一道心理水平则落在1684点及1660点。

该机构认为,年底橱窗粉饰,加上蓝筹股遭套利,投资者可趁机吸纳建筑与银行股。

此外,航空股也将因油价下跌受惠,会受投资者青睐。

联昌国际投行研究认为,从技术面来看,综指或将形成熊市头肩底(H&S),头肩底目标为1638点至1640点。

该机构也指出,目前整体亚洲的情况并不乐观,油价跌幅已超越预期,油价支撑点落在58美元,短期内若美元汇率走缓,油价跌势有可能触底回扬。




亚股倒地 泰国最惨

国际原油价格起伏跌宕,一度写下5年低点,虽然随后油价止跌回扬,惟投资者信心已受打击,亚洲股市今日亦走跌。

上周五华尔街股市因油价跌破58美元,市场惊慌抛售,隔夜美股下挫,亚洲股市亦幸免,恒生指数跌势延续。

亚股以泰国曼谷指数跌势最伤,跌幅达2.41%、日本日经指数跌1.57%、香港恒生指数跌0.95%,印尼雅加达综合指数跌1.01%,以及新加坡海峡时报指数跌0.9%等。

升息步伐靠近

此外,投资者亦预期美联储将在本周针对升息事宜作出暗示,这也意味着升息步伐越加靠近。

国际能源署(IEA)上周表示,明年油价可能进一步下跌,因需求减弱且供应增长,消息传出后再引发新一轮卖压。

截至晚上7时,纽约轻原油报58.11美元,扬30美分;布兰特原油报62.46美元,涨61美分。

惠誉:低油价高开销 油企信贷能力削弱

国际评级机构惠誉(Fitch)表示,低油价和高资本开销,将削弱东南亚油气股的信贷能力,但相信明年的评级还是会维持稳定。

惠誉在文告中指出,东南亚油气业者需更高资本开销,来维持或增加上中游产能。

“但是,低油价将会降低业者明年创造现金流的能力,也意味着扩大资本开销的弹性有限。”

该机构指出,大马、印尼和泰国的近期的燃油价改革政策,让当地发行政的信贷评级,从原本的“中和”

趋向“微幅正面”,但强调泰国的改革还存在不明确因素。

油气股卖压恶化

国际原油价格跌跌不休,马股市油气股项欲振乏力,今日几乎全线走低,只有科恩马(KNM,7164,主板工业产品股)逆势微扬。

其中,幸马泰资源(SUMATEC,1201,主板贸服股)为最热门交投股项,跌1.5仙或8%,报17仙,为今年来最低水平,全日共6297万4900股易手。

沙肯石油(SKPETRO,5218,主板贸服股)、科恩马,以及柏利赛石油(PERISAI,0047,主板工业产品股)也是10大热门股之一。

综观其他油气股,以巴拉卡岸外(BARAKAH,7251,主板贸服股)跌势最凶,挫10.5仙或11.8%,报78.5仙。

必达能源(PENERGY,5133,主板贸服股)也跌高达23仙或11.22%,收报1.82令吉。

合顺油气(UMWOG,5243,主板贸服股)则挂2令吉,全日跌幅达20仙或9.09%。

史格米能源服务(SCOMIES,7045,主板贸服股)和TH重工(THHEAVY,7206,主板贸服股)则以平盘挂收。



Source/Extract/Excerpts/来源/转贴/摘录: 南洋商报
Publish date: 16/12/14

 

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