Stocks to watch: Hua Yang, HELP, Pantech, Country View

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No wonder PANTECH up up up leh

Written by Joseph Chin of
Wednesday, 18 January 2012 20:44

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KUALA LUMPUR (Jan 19): Stocks which could see trading interest on Thursday include HUA YANG BHD [], HELP INTERNATIONAL CORPORATION [] Bhd, PANTECH GROUP HOLDINGS BHD [] and COUNTRY VIEW BHD [].

Hua Yang Bhd’s earnings jumped 90% to RM14.57 million in the third quarter ended Dec 31, 2011 from RM7.68 million a year ago underpinned by better sales of its homes. Its revenue rose 70.8% to RM84.25 million from RM49.30 million while earnings per share were 10.12 sen versus 5.33 sen.

HELP is expanding its education business to set up a private primary and secondary international school.

It is investing RM20 million to set up the school on a seven acre site in Subang with the capacity to cater for more than 3,000 students. The first phase will open in September 2012 with an initial intake of 500 to 600 students.

Steel pipes and fittings manufacturer Pantech posted net profit of RM10.34 million in the third quarter ended Nov 30, 2011, an increase of 69.5% from RM6.09 million a year ago.

Its revenue increased 49.3% to RM112.65 million from RM75.43 million. Earnings per share were 2.29 sen compared with 1.36 sen. It declared a special interim single tier dividend of 1.2 sen per 20 sen share.

Country View swung into the black for the financial year ended Nov 30, 2011, posting net profit of RM7.43 million compared with net loss of RM8.19 million in FY10, boosted by higher sales from its residential PROPERTIES [] and shop-offices.

Its revenue surged 314% to RM96.29 million from RM23.26 million. At the profit before tax level, it was RM11.50 million compared loss before tax of RM8.5 million.

In the fourth quarter ended Nov 30, 2011, it posted net profit of RM4.72 million compared with net loss of RM1.72 million a year ago.