KLCI Stock - BPURI / 5932 - 2011 Quarter 3

BINA PURI HOLDINGS BERHAD

Company Description

BINA PURI HOLDINGS BERHAD is an investment holding company. Through its subsidiaries, the Company is engaged in the provision of project management services and investment holding. Through its subsidiaries, the Company operates in four business segments. Under the construction segment, the Company operates as a contractor of earthworks, as well as engages in building and road construction. The property development segment engages in property development activities. The polyol manufacturing segment manufactures polyol. Under the quarry and ready mix concrete segment, it operates as a quarry operator and producer of ready mix concrete. On October 1, 2007, the Company acquired a 99% interest in Dynacorp Sdn. Bhd., and its subsidiary, Bina Puri Construction Sdn. Bhd., acquired the remaining 1% interest in Dynacorp Sdn. Bhd.

Company Info

Listing Date	1995-01-06
Market Capital (Capital Size)	106,647,296 (Small)
Par Value	RM 1.00
Board	Main
Sector	Construction
Major Industry	Civil Engineering
Sub Industry	Construction & Project Management
Website	http://www.binapuri.com.my/

My Analysis

Forecast P/E now	(0.875-0.02)/0.0926 = 9.23 (Moderate)
Target Price	0.93+0.02 = 0.95 (PE 10.0, EPS 0.0926, DPS 0.02)
Decision	Not interested unless got strong buy volume and lower sell volume when stock price below 0.87
Comment	Revenue decreased 1.2% but higher than preceding year corresponding quarter 1%, eps decreased 59% and also lower than preceding year corresponding quarter 53.2%, no cash generated from operating but still got more than enough borrowings to cover all expenses, slightly better liquidity ratio at low level now, lower gearing ratio at very high level now, receivables and payables ratio still acceptable
First Support Price	0.87
Second Support Price	0.83
Risk Rating	MODERATE

Research House

Kenanga Target Price	1.5 (2011-07-28)
Wilson & York Target Price	1.3 (2011-11-21)

Accounting Ratio

Return on Equity	8.14%
Dividend Yield	2.29%
Profit Margin	1.96%
Tax Rate	71.78%
Asset Turnover	1.5848
Net Asset Value Per Share	1.1
Net Tangible Asset per share	1.1
Price/Net Tangible Asset Per Share	0.8
Cash Per Share	0.55
Liquidity Current Ratio	1.0336
Liquidity Quick Ratio	1.0131
Liquidity Cash Ratio	0.0948
Gearing Debt to Equity Ratio	5.5209
Gearing Debt to Asset Ratio	0.8328
Working capital per thousand Ringgit sale	1.7%
Days to sell the inventory	4
Days to collect the receivables	171
Days to pay the payables	99

Technical Analysis

SMA 20	0.889 (Downtrend 1 day)
SMA 50	0.912 (Downtrend)
SMA 100	0.988 (Downtrend)
SMA 200	1.107 (Downtrend)
MACD	-0.026611 (Uptrend 21 days)
MACD Histogram	0.008891 (Uptrend 19 days)

My notes based on 2011 quarter 3 report (number in '000):-
- The improved performance of construction division was mainly attributable to progressive profit recognised from projects secured during the period, which include KLIA 2, KK Times Square and Sabah Administration Centre

- The performance of the polyol division was affected by lack of export market, higher cost of raw materials and intense competition in the local market

- The current value of contract work in progress is approximately RM2.7 billion

- Lower profit mainly due to high tax expenses

- Estimate next 4Q eps after 2011 Q3 result announced = 0.0975*0.95 = 0.0926, estimate PE on current price 0.875 = 9.23(DPS 0.02)
- Estimate next 4Q eps after 2011 Q2 result announced = (0.0356+0.0195)*2 = 0.1102, estimate highest/lowest PE = 10.16/7.35 (DPS 0.04)
- Estimate next 4Q eps after 2011 Q1 result announced = (0.028+0.0195)*2 = 0.095, estimate highest/lowest PE = 12.43/10.53 (DPS 0.04)
- Estimate next 4Q eps after 2010 Q4 result announced = 0.028*4*1.05 = 0.1176, estimate highest/lowest PE = 11.14/9.69 (DPS 0.04)
- Estimate next 4Q eps after 2010 Q3 result announced = 0.1, estimate highest/lowest PE = 16.1/11.9 (DPS 0.04)
- Estimate next 4Q eps after 2010 Q2 result announced = 0.0463*2 = 0.0926, estimate highest/lowest PE = 14.15/11.23 (DPS 0.04)
- Estimate next 4Q eps after 2010 Q1 result announced = 0.0828(10% grow from 0.0753, added adjustment from last quarter estimated), estimate highest/lowest PE = 18.12/11.59 (DPS 0.04)
- Estimate next 4Q eps after 2009 Q4 result announced = 0.0781(10% grow from 0.071), estimate highest/lowest PE = 16.26/9.8 (DPS 0.04)
- Estimate next 4Q eps after 2009 Q3 result announced = 0.078, estimate highest/lowest PE = 10.9/8.91 (DPS 0.04)
- Estimate next 4Q eps after 2009 Q2 result announced = 0.06, estimate highest/lowest PE = 15.17/11.08 (DPS 0.04)
- Estimate next 4Q eps after 2009 Q2 result announced = 0.0484, estimate highest/lowest PE = 18.39/15.08 (DPS 0.04)
- Estimate next 4Q eps after 2009 Q1 result announced = 0.0465, estimate highest/lowest PE = 19.78/14.19 (DPS 0.04)

BPURI latest news (English)

BPURI latest news (Chinese)



Financial Quarter Summary

a_date	year	qrt	h_price	l_price	div	roe	c_roe	rev	c_rev	pbt	c_pbt	prof	c_prof	eps	c_eps	asset	liab	mino	equi	cfo	cfi	cff	cash	fcf	net	final	share	c_share	m_cap	date	prof_m	vat	asset_t	pe	navps	ntaps	p/ntaps	cps	l_cur	l_qui	l_cash	g_de	g_da	avg_w	inv_d	rec_d	pay_d
2011-11-21	2011	3	N/A	N/A	-	1.22%	5.70%	297730	888340	5840	13237	1623	7574	0.0146	0.0695	794835	661972	12960	132863	32265	1744	75532	58254	34009	41523	16731	111142	108975	98360	2011-09-30	1.96%	71.78%	1.5848	-	1.1	1.1	0.8	0.55	1.0336	1.0131	0.0948	5.5209	0.8328	1.7%	4	171	99
2011-08-22	2011	2	1.16	0.85	-	3.01%	4.66%	301305	590610	4437	7397	3849	5951	0.0356	0.0552	773613	645798	12936	127815	14566	731	56764	58254	15297	41467	16787	108000	107874	120960	2011-06-30	1.47%	7.12%	1.6244	-	1.06	1.06	1.06	0.7	1.0332	1.0113	0.1196	5.6215	0.8348	1.7%	4	162	102
2011-05-23	2011	1	1.41	1.04	-	1.70%	1.70%	289305	289305	2960	2960	2102	2102	0.0195	0.0195	711420	587724	12665	123696	630	4938	13679	58254	5568	19247	39007	107746	107746	131450	2011-03-31	1.02%	14.12%	1.7192	-	1.03	1.03	1.18	0.57	1.0377	1.0221	0.1062	5.2933	0.8261	1.8%	3	158	99
2011-02-28	2010	4	1.35	1.18	0.02	2.44%	9.11%	371292	1232191	3360	14585	2977	11108	0.0280	0.1056	776020	654126	12224	121894	1561	19558	23618	61418	21119	2499	58919	106259	105229	139199	2010-12-31	0.90%	8.81%	1.5878	12.41	1.04	1.04	1.26	0.68	1.0306	1.0228	0.1124	5.9645	0.8429	1.6%	2	174	117
2010-11-18	2010	3	1.65	1.23	0.02	2.80%	6.93%	294764	860899	4247	11225	3285	8131	0.0312	0.0775	702869	585470	11750	117399	23767	12596	6874	60237	36363	29489	89726	105378	104937	136991	2010-09-30	1.44%	22.02%	1.5928	-	1.01	1.01	1.29	0.47	1.011	1.0015	0.0853	5.5417	0.833	0.6%	2	172	104
2010-08-23	2010	2	1.35	1.08	-	2.77%	4.27%	267714	566135	4376	6978	3139	4846	0.0299	0.0463	772674	659277	11710	113397	37705	9487	5856	59274	47192	41336	100610	104828	104555	123697	2010-06-30	1.63%	18.78%	1.3368	-	0.97	0.97	1.22	0.74	1.0107	1.0022	0.1194	6.4834	0.8532	0.7%	2	203	127
2010-05-25	2010	1	1.54	1.0	-	1.54%	1.54%	298421	298421	2602	2602	1707	1707	0.0164	0.0164	689666	578473	11301	111193	20327	8251	5836	59274	28578	22742	82016	104266	104266	110521	2010-03-31	0.87%	24.37%	1.3797	-	0.96	0.96	1.1	0.72	1.0086	0.998	0.1322	5.791	0.8388	0.5%	2	189	122
2010-02-24	2009	4	1.31	0.805	0.02	1.82%	5.77%	258624	788045	4598	11498	2029	6420	0.0196	0.0713	646406	535188	11187	111218	23269	7844	17214	10947	31113	48327	59274	103625	90043	88081	2009-12-31	1.78%	57.33%	1.2191	11.9216	1.11	1.11	0.77	0.48	1.0142	1.0038	0.0942	5.3502	0.8279	0.9%	3	221	147
2009-11-24	2009	3	0.89	0.735	-	1.66%	4.03%	208162	529421	2807	6900	1808	4391	0.0205	0.0515	547810	438973	11257	108837	129	5776	3794	11403	5905	9699	21102	88130	85236	75791	2009-09-30	1.35%	24.08%	1.2336	-	1.14	1.14	0.75	0.69	1.0099	0.9977	0.1419	4.4986	0.8013	0.6%	3	198	139
2009-08-19	2009	2	0.95	0.705	0.02	1.77%	2.91%	186307	321259	2466	4093	1568	2583	0.0187	0.0308	528068	439262	11664	88806	14456	1633	2029	11403	16089	18118	29521	83782	83774	67025	2009-06-30	1.32%	19.79%	1.2647	-	0.92	0.92	0.87	0.47	0.9651	0.953	0.091	5.6942	0.8318	-2.2%	3	202	133
2009-05-28	2009	1	0.93	0.77	-	1.17%	1.17%	134952	134952	1627	1627	1015	1015	0.0121	0.0121	466992	380035	11251	86957	9047	1265	8352	11403	10312	18664	30067	83765	83765	73713	2009-03-31	1.21%	17.27%	1.4152	-	0.9	0.9	0.98	0.38	0.9562	0.942	0.0856	5.0199	0.8138	-2.5%	3	175	121
2009-02-19	2008	4	0.96	0.7	0.02	0.01%	4.96%	146354	676542	740	8034	12	4283	0.0001	0.0517	473061	386712	10920	86349	71202	24682	49008	8915	46520	2488	11403	83407	82905	66725	2008-12-31	0.51%	86.89%	1.4301	15.4854	0.91	0.91	0.88	0.42	0.956	0.9404	0.0918	5.1268	0.8175	-2.5%	3	171	124
2008-11-25	2008	3	0.96	0.72	0.02	1.46%	5.02%	200252	530188	2467	7294	1247	4295	0.0151	0.0519	433447	347943	10567	85504	51039	3909	34525	8915	54948	20423	11508	82845	82737	65447	2008-09-30	1.23%	47.67%	1.6625	-	0.91	0.91	0.87	0.58	1.0271	1.0028	0.1432	4.6431	0.8027	1.3%	4	145	94
2008-08-26	2008	2	1.05	0.7	-	2.12%	3.50%	179341	329936	3050	4827	1849	3048	0.0224	0.0369	444608	357513	10523	87095	16490	4248	22260	8915	20738	1522	10437	82698	82682	78563	2008-06-30	1.70%	29.77%	1.5118	-	0.93	0.93	1.02	0.28	1.0291	1.0073	0.0673	4.669	0.8041	1.5%	4	175	103
2008-05-28	2008	1	1.05	0.83	-	1.38%	1.38%	150595	150595	1777	1777	1199	1199	0.0145	0.0145	464122	377512	11906	86610	13245	608	3529	8915	13853	10324	1409	82666	82666	74812	2008-03-31	1.18%	7.99%	1.4085	-	0.9	0.9	1.01	0.37	0.9902	0.9671	0.0835	5.0534	0.8134	-0.5%	5	178	111
2008-02-26	2007	4	1.1	0.65	0.04	2.35%	8.24%	190438	607869	1924	8528	2004	7020	0.0242	0.0859	500043	414807	11470	85236	185653	15386	176496	2686	170267	6229	8915	82665	81712	69438	2007-12-31	1.01%	-	1.2156	9.7775	0.9	0.9	0.93	0.4	0.9892	0.9371	0.0826	5.6233	0.8295	-0.7%	13	206	135
2007-11-27	2007	3	1.15	0.75	0.02	2.38%	5.94%	151770	417431	2545	6604	2013	5016	0.0245	0.0616	456881	372465	11450	84416	188296	11211	178021	2686	177085	936	3622	82293	81392	74886	2007-09-30	1.68%	9.78%	1.1871	-	0.9	0.9	1.01	0.41	0.9736	0.911	0.0934	5.1046	0.8152	-1.8%	15	199	125
2007-08-27	2007	2	0.97	0.835	-	2.04%	3.72%	160915	265661	2257	4059	1645	3003	0.0203	0.0371	550638	469988	11167	80650	68309	4007	78395	2686	64302	14093	16779	80942	80933	N/A	2007-06-30	1.40%	5.49%	0.7094	-	0.86	0.86	N/A	0.37	0.991	0.9545	0.0653	6.7641	0.8535	-1.1%	16	381	169
2007-05-28	2007	1	N/A	N/A	-	1.70%	1.70%	104746	104746	1802	1802	1358	1358	0.0168	0.0168	634094	553993	10759	80101	31606	512	28852	2686	32118	3266	5952	80925	80925	60693	2007-03-31	1.72%	15.48%	0.3622	-	0.86	0.86	0.87	0.45	1.2333	1.1785	0.0825	7.9893	0.8737	44.8%	39	765	257
2007-02-27	2006	4	N/A	N/A	0.03	1.85%	6.51%	124954	491571	1310	6409	1452	5122	0.0179	0.0633	616555	537907	10664	78648	116326	6902	119449	12711	109424	10025	2686	80925	80925	57456	2006-12-31	1.05%	-	0.2027	11.2176	0.84	0.84	0.85	0.46	1.2111	1.1528	0.0849	7.9123	0.8724	73.3%	74	1341	514

Financial Quarter Balance Sheet

year	qrt	Deferred tax assets (A-0)	Expressway Development Expenditure (A-0)	Goodwill on consolidation (A-0)	Investment in associated companies (A-0)	Investment in jointly controlled entity (A-0)	Investment properties (A-0)	Land held for property development (A-0)	Other investments (A-0)	Prepaid lease payments (A-0)	Property, plant and equipment (A-0)	Amount due from customers (A-1)	Cash and cash equivalents (A-1)	Current tax assets (A-1)	Development cost (A-1)	Fixed deposits with licensed banks (A-1)	Inventories (A-1)	Property development costs (A-1)	Trade receivables (A-1)	Deferred tax liabilities (L-0)	Government grant (L-0)	Hire purchase and finance lease liabilities (L-0)	Term loans (L-0)	Amount due to customers (L-1)	Current tax liabilities (L-1)	Hire purchase liabilities (L-1)	Loans & borrowings (L-1)	Trade and other payables (L-1)	Minority interest (M-1)
2011	3	654	-	350	34924	1415	112	9405	7274	-	74449	194301	39226	490	8096	21908	5155	-	397076	1401	-	7779	8225	37374	3606	5711	265242	332634	12960
2011	2	654	-	350	34805	369	112	9082	7274	-	71646	156213	52432	1592	8110	22737	5691	-	402546	1080	-	7386	8906	17361	1770	5779	260262	343254	12936
2011	1	654	-	350	32705	359	112	9035	7274	-	59187	131882	38268	1384	4165	23339	4831	-	397875	1032	56	5170	1556	23908	1709	5194	226456	322643	12665
2010	4	654	-	350	32429	363	112	13081	7298	-	56466	104745	42232	1382	-	30355	5028	-	481525	1099	58	5520	1934	19122	1962	3383	233726	387322	12224
2010	3	654	-	-	32367	372	140	13257	7297	-	64365	131563	22595	861	-	26699	5497	-	397202	1264	60	4675	1426	32041	2131	5152	229262	309459	11750
2010	2	654	-	-	32208	407	140	13257	7268	-	60911	116268	52494	607	-	25233	5554	-	457673	910	63	5244	2213	25762	2056	3683	268476	350870	11710
2010	1	654	-	-	31411	370	140	13257	7268	-	62180	115663	50331	831	-	24976	6026	-	376559	915	66	5416	2587	5898	3248	4570	244681	311092	11301
2009	4	654	-	-	31115	327	140	13257	7248	-	61330	115598	31476	728	-	17990	5433	-	361110	918	68	6212	3105	13602	2941	3029	193987	311326	11187
2009	3	698	-	-	31683	822	720	13257	7270	1844	57269	106258	43813	605	-	17209	4977	252	261133	255	71	5273	3380	14001	1242	2905	160236	251610	11257
2009	2	778	-	-	32132	688	720	13257	7270	1877	55908	80276	24097	595	-	15077	5211	-	290182	269	74	4737	3735	22753	1072	3237	167068	236317	11664
2009	1	778	-	-	32543	548	720	13257	7270	1898	55503	95073	16355	603	-	15364	4974	288	221818	298	77	4840	4106	2356	793	2961	152057	212547	11251
2008	4	778	-	-	32307	479	1130	13257	7270	1924	55251	69359	20929	2561	-	13705	5008	876	248227	302	79	4501	4580	5812	720	3040	143995	223683	10920
2008	3	767	-	-	6055	330	1135	13257	7271	1952	56285	72162	35037	2795	-	13250	5513	2686	214952	228	82	5497	4890	3950	269	2755	149443	180829	10567
2008	2	740	-	-	6653	177	1135	13257	7270	1980	57218	62164	10306	3457	-	13001	5051	2501	259698	242	85	6014	5067	2671	636	3017	154912	184869	10523
2008	1	775	14334	-	4581	1087	1135	13257	7270	2007	58264	59964	15665	3457	-	14827	4957	3500	259042	559	87	6367	5521	618	319	3217	166141	194683	11906
2007	4	853	14309	-	4157	857	1135	10257	7381	2034	58544	94265	14941	3071	-	18486	5123	15967	248663	652	90	6445	2747	260	288	3156	181177	219992	11470
2007	3	943	19140	-	4372	321	1135	10257	7413	2070	57104	83138	16919	2197	-	17058	5050	17727	212037	669	93	4636	3347	5809	56	1858	174319	181678	11450
2007	2	1029	20703	-	3632	-	1135	10257	1411	2088	53607	72873	10032	1888	-	20064	6140	10695	335084	653	95	4187	4139	1210	342	1932	279793	177637	11167
2007	1	1121	20056	-	2323	-	1135	10257	1411	2115	51843	77692	18111	1956	-	18275	6783	17383	403633	650	98	4086	108213	2143	576	1920	277821	158486	10759
2006	4	1200	19919	-	2023	-	1680	10257	1411	2144	52292	49855	19813	4487	-	17026	7168	18118	409162	663	101	3843	99276	2258	1962	1994	255342	172468	10664

Financial Quarter Income Statement

year	qrt	Revenue	Income tax expense	Cost of sales	Finance/interest costs	Other income	Administrative/Operating expenses	Minority interest	Share of profit/ (loss) of associates	Investment gain/loss	Share of net profit of jointly controlled entity
2011	3	297730	4192	276666	1179	1201	16536	25	120	201	969
2011	2	301305	316	285530	1101	1489	11821	272	80	10	5
2011	1	289305	418	276785	1012	1833	10739	440	277	76	5
2010	4	371292	296	356031	662	707	12102	87	1	167	10
2010	3	294764	935	281138	970	2149	10693	27	100	49	14
2010	2	267714	822	253183	923	862	10470	415	305	35	36
2010	1	298421	634	286473	1099	2080	10668	261	171	111	59
2009	4	258624	2636	241233	783	3341	14413	67	566	125	497
2009	3	208162	676	196383	1052	1238	8907	323	450	57	142
2009	2	186307	488	175387	1158	1337	8570	410	411	188	160
2009	1	134952	281	125588	1461	1887	8625	331	200	202	60
2008	4	146354	643	129005	1075	380	14660	109	1262	642	126
2008	3	200252	1176	187281	1282	1762	10524	44	597	15	122
2008	2	179341	908	167093	1201	1298	8570	293	89	93	907
2008	1	150595	142	141298	1287	827	8000	436	653	29	258
2007	4	190438	100	174017	1223	1957	15456	20	75	236	536
2007	3	151770	249	141292	1078	482	8766	283	740	368	321
2007	2	160915	124	151863	1349	596	7706	488	1153	511	-
2007	1	104746	279	96602	1412	1676	6929	165	300	23	-
2006	4	124954	11	112952	1346	1667	10990	131	432	409	-

Financial Quarter Segments Revenue

year	qrt	Others	Elimination/Adjustment	Property development	Construction	Polyol manufacturing	Quarry and ready mix concrete	Power Supply
2011	3	-	9732	-	276115	3521	26155	1671
2011	2	-	7841	-	278256	3372	26578	940
2011	1	-	7950	-	270095	3873	22322	965
2010	4	-	18261	-	361711	4600	21622	1620
2010	3	-	1912	-	275834	4330	16512	-
2010	2	-	4307	-	244558	3458	24005	-
2010	1	-	3223	-	279316	2774	19554	-
2009	4	-	211	2204	234299	2858	19474	-
2009	3	-	1203	503	187023	4182	17657	-
2009	2	-	484	976	168244	4585	12986	-
2009	1	-	1720	7433	109981	3806	15452	-
2008	4	-	1303	11434	111255	3422	21546	-
2008	3	-	3285	2375	173369	5673	22120	-
2008	2	-	4403	11933	145767	5303	20741	-
2008	1	-	6685	21206	104958	4286	26830	-
2007	4	-	8710	12015	149493	6888	30752	-
2007	3	-	4267	8087	112072	6463	29415	-
2007	2	-	2609	8692	120890	5255	28687	-
2007	1	-	90	6831	74334	4716	18955	-
2006	4	-	903	3438	101513	4476	16430	-

Financial Quarter Segments Profit

year	qrt	Others	Elimination/Adjustment	Property development	Construction	Polyol manufacturing	Quarry and ready mix concrete	Power Supply
2011	3	155	15	178	5043	315	239	800
2011	2	28	79	109	4187	205	1094	365
2011	1	41	906	199	3980	45	641	102
2010	4	12	42	279	3062	283	210	86
2010	3	56	-	364	3991	35	818	-
2010	2	-	-	20	4250	24	717	-
2010	1	2	-	229	3056	87	618	-
2009	4	162	-	135	6357	1	260	-
2009	3	10	-	294	3742	151	795	-
2009	2	24	-	181	3121	129	594	-
2009	1	126	-	656	1252	4	588	-
2008	4	133	530	1246	1422	283	587	-
2008	3	31	28	1376	2064	44	810	-
2008	2	33	5	787	3017	184	1026	-
2008	1	18	20	389	896	309	532	-
2007	4	46	185	1738	876	475	1446	-
2007	3	1	15	151	1076	210	771	-
2007	2	25	40	318	756	259	624	-
2007	1	107	5	439	1661	155	534	-
2006	4	143	363	81	2269	102	733	-

Financial Quarter Segments Associate

year	qrt	Construction	Quarry and ready mix concrete
2011	3	969	120
2011	2	4	81
2011	1	5	277
2010	4	76	87
2010	3	68	18
2010	2	100	241
2010	1	129	101
2009	4	623	440
2009	3	382	74
2009	2	747	496
2009	1	42	218
2008	4	1845	94
2008	3	626	298
2008	2	947	129
2008	1	321	590
2007	4	1335	874
2007	3	1310	477
2007	2	236	663
2007	1	236	64
2006	4	289	721

Short form reference
a_date = announcement date, yr = financial year end, qrt = quarter
h_price = stock highest price during the quarter, l_price = stock lowest price during the quarter
div = dividend recommend or declare in the quarter, roe = return on equity
c_roe = cumulative of return on equity during the financial year
rev = revenue in the current quarter, c_rev = cumulative of revenue during the financial year
pbt = profit before tax in the current quarter, c_pbt = cumulative of profit before tax during the financial year
eps = earnings per share in the current quarter, c_eps = cumulative of earnings per share during the financial year
asset = total asset, liab = total liability, mino = minority interest, equi = total equity
cfo = net cash flow from operating activities, cfi = net cash flow from investing activities
cff = net cash flow from financing activities, cash = cash and cash equivalents as at beginning of financial year
final = cash and cash equivalents as at current financial period ended
share = diluted/basic weighted average number of ordinary shares
c_share = cumulative of diluted/basic weighted average number of ordinary shares during the financial year
m_cap = market capital at announcement date of quarterly report, date = current financial period ended date
prof_m = profit margin, vat = income tax rate, pe = price earning per share ratio of recent four quarter
navps = net asset value per share, ntaps = net tangible asset per share, cps = cash per share
l_cur = liquidity current ratio, l_qui = liquidity quick ratio, l_cash = liquidity cash ratio
g_de = gearing debt to equity ratio, g_da = gearing debt to assets ratio
avg_w = average working capital per thousand Ringgit sale
inv_d = average days to sell the inventory, rec_d = Average days to collect the receivables



6-Months Historical Chart from shareinvestor.com

CURRENT

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●CHANGES IN SHAREHOLDING
●ANNUAL REPORTS

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KLCI Stock - HSL / 6238 - 2011 Quarter 3

Company Info

Market Capital (Capital Size)	769,132,320 (Medium)
Par Value	RM 0.20

My Analysis

Forecast P/E now	(1.32-0.024)/0.1636 = 7.92 (Moderate)
Target Price	1.96+0.024 = 1.99 (PE 12.0, EPS 0.1636, DPS 0.024)
Decision	BUY if stock price sustain and uptrend start above 1.3
Comment	Revenue increased 1% and was second consecutive quarter increasing and also higher than preceding year corresponding quarter 12%, eps increased 8.2% and was second consecutive quarter increasing and also higher than preceding year corresponding quarter 10.5%, cash generated from operating is more than enough to cover all expenses, stronger liquidity ratio at low level now, lower gearing ratio from above moderate to moderate level now, receivables and payables ratio around 6 months still acceptable, no significant increase in inventory or property develpment cost
First Support Price	1.3
Second Support Price	1.2
Risk Rating	MODERATE

Research House

RHB Target Price	1.77 (2011-10-03)
MIDF Target Price	1.5 (2011-11-01)
OSK Target Price	1.61 (2011-11-01)
AMMB Target Price	2.3 (2011-11-22)
HLG Target Price	2.09 (2011-11-23)
Maybank Target Price	2.1 (2011-11-23)

Accounting Ratio

Return on Equity	21.94%
Dividend Yield	1.82%
Profit Margin	20.05%
Tax Rate	25.19%
Asset Turnover	0.8755
Net Asset Value Per Share	0.71
Net Tangible Asset per share	0.71
Price/Net Tangible Asset Per Share	1.77
Cash Per Share	0.26
Liquidity Current Ratio	1.8511
Liquidity Quick Ratio	1.6952
Liquidity Cash Ratio	0.57
Gearing Debt to Equity Ratio	0.68
Gearing Debt to Asset Ratio	0.4046
Working capital per thousand Ringgit sale	37.0%
Days to sell the inventory	30
Days to collect the receivables	179
Days to pay the payables	189

Technical Analysis

SMA 20	1.305 (Uptrend 10 days)
SMA 50	1.307 (Downtrend)
SMA 100	1.335 (Downtrend)
SMA 200	1.498 (Downtrend)
MACD	-0.00939 (Uptrend 23 days)
MACD Histogram	0.006890 (Uptrend 21 days)

My notes based on 2011 quarter 3 report (number in '000):-
- Higher revenue and pbt mainly due to increased activities in construction segment

- Estimate next 4Q eps after 2011 Q3 result announced = 0.0409*4 = 0.1636, estimate PE on current price 1.32 = 7.92(DPS 0.026)
- Estimate next 4Q eps after 2011 Q2 result announced = (0.0378+0.0319)*2*1.05 = 0.1464, estimate highest/lowest PE = 10.15/8.17 (DPS 0.024)
- Estimate next 4Q eps after 2011 Q1 result announced = 0.1533*0.97 = 0.1487, estimate highest/lowest PE = 11.73/8.57 (DPS 0.026)
- Estimate next 4Q eps after 2010 Q3 result announced = 0.0697*2*1.1 = 0.1533, estimate highest/lowest PE = 12.49/11.05 (DPS 0.026)
- Estimate next 4Q eps after 2010 Q2 result announced = 0.0574*2*1.1 = 0.1263, estimate highest/lowest PE = 15.08/11.99 (DPS 0.026)
- Estimate next 4Q eps after 2010 Q1 result announced = 0.1025*1.1 = 0.1128, estimate highest/lowest PE = 14.95/11.49 (DPS 0.024)
- Estimate next 4Q eps after 2009 Q4 result announced = 0.1025*1.1 = 0.1128, estimate highest/lowest PE = 13.88/11.05 (DPS 0.024)
- Estimate next 4Q eps after 2009 Q3 result announced = 0.0281*4 = 0.1124, estimate highest/lowest PE = 11.96/8.75 (DPS 0.016)
- Estimate next 4Q eps after 2009 Q2 result announced = 0.0233*4 = 0.0932, estimate highest/lowest PE = 13.13/9.7 (DPS 0.016)

HSL latest news (English)

HSL latest news (Chinese)

KLCI Stock - LATEXX / 7064 - 2011 Quarter 3

Company Info

Market Capital (Capital Size)	423,395,373 (Small)
Par Value	RM 0.50

My Analysis

Forecast P/E now	(1.9-0.05)/0.2601 = 7.11 (Moderate)
Target Price	2.60+0.05 = 2.65 (PE 10.0, EPS 0.2601, DPS 0.05)
Decision	BUY if stock price sustain above 1.8
Comment	Revenue decreased 9.3% and also lower than preceding year corresponding quarter 6.2%, eps decreased 25.4% and also lower than preceding year corresponding quarter 26.1%, cash generated from operating more than enough to cover all expenses, weaker liquidity ratio at low level now, lower gearing ratio at above moderate level now, all accounting ratio are good, benefit from latex price decreasing and strengthening of USD VS RM but affect by increasing of nitrile price
First Support Price	1.8
Second Support Price	1.6
Risk Rating	MODERATE

Research House

CIMB Target Price

2.05 (2011-11-22)

Accounting Ratio

Return on Equity	20.18%
Dividend Yield	2.63%
Profit Margin	11.60%
Tax Rate	9.91%
Asset Turnover	0.972
Net Asset Value Per Share	1.08
Net Tangible Asset per share	1.0
Price/Net Tangible Asset Per Share	1.87
Cash Per Share	0.26
Liquidity Current Ratio	1.6173
Liquidity Quick Ratio	1.1311
Liquidity Cash Ratio	0.492
Gearing Debt to Equity Ratio	0.7203
Gearing Debt to Asset Ratio	0.4187
Working capital per thousand Ringgit sale	17.8%
Days to sell the inventory	61
Days to collect the receivables	67
Days to pay the payables	83

Technical Analysis

SMA 20	1.899 (Downtrend 2 days)
SMA 50	1.839 (Uptrend)
SMA 100	1.669 (Downtrend)
SMA 200	2.026 (Downtrend)
MACD	0.060509 (Downtrend 2 days)
MACD Histogram	-0.008531 (Downtrend 12 days)

My notes based on 2011 quarter 3 report (number in '000):-
- The decrease in the Group's revenue and the net profit was mainly due to the persistently high raw material prices and the weaker foreign exchange rate of USD

- Estimate next 4Q eps after 2011 Q3 result announced = 0.0502*4*1.3 = 0.261, estimate PE on current price 1.9 = 7.11(DPS 0.05)
- Estimate next 4Q eps after 2011 Q2 result announced = (0.0483+0.0673)*2*1.05 = 0.2428, estimate highest/lowest PE = 8.53/4.61 (DPS 0.05)
- Estimate next 4Q eps after 2011 Q1 result announced = 0.0483*4*1.1 = 0.2125, estimate highest/lowest PE = 11.86/7.18 (DPS 0.075)
- Estimate next 4Q eps after 2010 Q4 result announced = 0.2751*0.95 = 0.2613, estimate highest/lowest PE = 10.62/8.78 (DPS 0.075)
- Estimate next 4Q eps after 2010 Q3 result announced = 0.3043*0.95 = 0.289, estimate highest/lowest PE = 9.91/8.15 (DPS 0.075)
- Estimate next 4Q eps after 2010 Q2 result announced = 0.0824*4 = 0.3296+0.012(QbQ improvement adjustment) = 0.3416, estimate highest/lowest PE = 10.47/6.72 (DPS 0.075)
- Estimate next 4Q eps after 2010 Q1 result announced = 0.0792*4 = 0.3168+0.02(QbQ improvement adjustment) = 0.3368, estimate highest/lowest PE = 11.46/9.62 (DPS 0.05)
- Estimate next 4Q eps after 2009 Q4 result announced = 0.0675*4 = 0.27+0.02(QbQ improvement adjustment) = 0.29, estimate highest/lowest PE = 14.62/12.14 (DPS 0.02)
- Estimate next 4Q eps after 2009 Q3 result announced = 0.0566*4 = 0.2264, estimate highest/lowest PE = 21.78/10.42 (DPS 0.02)
- Estimate next 4Q eps after 2009 Q2 result announced = 0.0586*4 = 0.2344, estimate highest/lowest PE = 11.99/7.81 (DPS 0.02)
- Estimate next 4Q eps after 2009 Q1 result announced = 0.047*4 = 0.188, estimate highest/lowest PE = 10.37/4.2 (DPS 0.02)

LATEXX latest news (English)

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USD/MYR Chart

Daily Latex Price

KLCI Stock - DAYA / 0091 - 2011 Quarter 3

DAYA MATERIALS BERHAD

Company Description

Daya Materials Berhad (DMB) is a Malaysia-based company engaged in investment holding and provision of management services to its subsidiaries. Through its subsidiaries, DMB operates in four segments: polymer; oil and gas; technical services, and others. Its oil and gas segment includes logistics and distribution of downstream chemicals, material handling and manpower services, pipeline services, and mechanical and electrical services. DMB markets and sells polymer products under the brand name of DAYACOM, which include semiconductor compounds, medium-voltage cross-linked polyethylene (XLPE) compounds, low-voltage XLPE compounds and jacketing compounds. Its technical services segment provides the design, engineering and industrial construction services, as well as tank cleaning, repair and waste oil/solvent recycling services. On July 14, 2010, DMB, through its wholly owned subsidiary, DMB incorporated a limited liability company under the name of PT. Daya Secadyme Indonesia.

Company Info

Listing Date	2005-07-25
IPO Price	0.23
Market Capital (Capital Size)	227,840,123 (Small)
Par Value	RM 0.10
Board	Main
Sector	Industrial Products
Major Industry	Oil & Gas Services
Sub Industry	Engineering & Construction & Tank Services
Website	http://www.dayapolymer.com.my

My Analysis

Forecast P/E now	(0.19-0.0024)/0.0189 = 9.93 (Moderate)
Target Price	0.23+0.0024 = 0.23 (PE 12.0, EPS 0.0189, DPS 0.0024)
Decision	BUY if stock price sustain above 0.185
Comment	Revenue decreased 8.6% but higher than preceding year corresponding quarter 42.9%, eps increased 9.8% and was second consecutive quarter increasing and also higher than preceding year corresponding quarter 9.8%, cash generated from operating and financing more than enough to cover all expenses, weaker liquidity ratio at low level now, lower gearing ratio at moderate level now, all accounting ratio are good, better result from main profit contribution segment O&G
First Support Price	0.18
Second Support Price	0.15
Risk Rating	MODERATE

Accounting Ratio

Return on Equity	9.16%
Dividend Yield	1.26%
Profit Margin	12.39%
Tax Rate	31.88%
Asset Turnover	0.6957
Net Asset Value Per Share	0.17
Net Tangible Asset per share	0.1
Price/Net Tangible Asset Per Share	1.9
Cash Per Share	0.05
Liquidity Current Ratio	1.8851
Liquidity Quick Ratio	1.6991
Liquidity Cash Ratio	0.7979
Gearing Debt to Equity Ratio	0.6127
Gearing Debt to Asset Ratio	0.3791
Working capital per thousand Ringgit sale	30.4%
Days to sell the inventory	26
Days to collect the receivables	85
Days to pay the payables	93

Technical Analysis

SMA 20	0.19 (Downtrend 13 days)
SMA 50	0.19 (Same)
SMA 100	0.183 (Same)
SMA 200	0.202 (Same)
MACD	0.000497 (Uptrend 1 day)
MACD Histogram	-0.001462 (Downtrend 11 days)

My notes based on 2011 quarter 3 report (number in '000):-
- Higher revenue and pbt than FY10Q3 mainly due to the increase in revenue from oil & gas and technical services segments and higher profits and margin from oil & gas segments with recovery of crane services business and higher chemical sales

- Lower revenue than FY11Q2 mainly attributed to the lower contribution from its technical services segment however higher profit due to reason mention above

- Estimate next 4Q eps after 2011 Q3 result announced = 0.0045*4*1.05 = 0.0189, estimate PE on current price 0.19 = 9.93(DPS 0.0024)
- Estimate next 4Q eps after 2011 Q2 result announced = 0.0041*4 = 0.0164, estimate highest/lowest PE = 13.27/9 (DPS 0.0024)
- Estimate next 4Q eps after 2011 Q1 result announced = 0.0216*0.9 = 0.0194, estimate highest/lowest PE = 11.99/8.12 (DPS 0.0024)
- Estimate next 4Q eps after 2010 Q4 result announced = 0.0049*4*1.1 = 0.0216, estimate highest/lowest PE = 12.16/9.61 (DPS 0.0024)

DAYA latest news (English)

DAYA latest news (Chinese)



Financial Quarter Summary

a_date	year	qrt	h_price	l_price	div	roe	c_roe	rev	c_rev	pbt	c_pbt	prof	c_prof	eps	c_eps	asset	liab	mino	equi	cfo	cfi	cff	cash	fcf	net	final	share	c_share	m_cap	date	prof_m	vat	asset_t	pe	navps	ntaps	p/ntaps	cps	l_cur	l_qui	l_cash	g_de	g_da	avg_w	inv_d	rec_d	pay_d
2011-11-21	2011	3	N/A	N/A	-	2.60%	6.23%	64353	185412	7973	18536	5391	12899	0.0045	0.0109	333347	126379	703	206968	22111	22291	13302	14305	180	13122	27427	1210394	1182481	229974	2011-09-30	12.39%	31.88%	0.6957	-	0.17	0.1	1.9	0.05	1.8851	1.6991	0.7979	0.6127	0.3791	30.4%	26	85	93
2011-08-23	2011	2	0.22	0.15	-	2.33%	3.63%	70413	121059	6802	10533	4790	7478	0.0041	0.0065	335837	129828	663	206009	12225	1741	26087	14341	13966	12121	26462	1169556	1141728	210520	2011-06-30	9.66%	29.26%	0.633	-	0.18	0.11	1.64	0.04	1.9736	1.8035	0.6045	0.6322	0.3866	36.6%	26	141	89
2011-05-19	2011	1	0.235	0.16	-	1.48%	1.48%	50646	50646	3759	3759	2717	2717	0.0024	0.0024	303440	119485	641	183955	2234	181	5649	14340	2415	3234	17574	1130237	1130237	259954	2011-03-31	7.42%	27.67%	0.6413	-	0.16	0.09	2.56	0.03	1.9133	1.7084	0.5922	0.6518	0.3938	30.5%	28	110	80
2011-02-22	2010	4	0.265	0.21	0.0024	2.93%	9.31%	46491	179355	6268	23380	5191	16496	0.0049	0.0149	292049	114893	745	177156	6664	63599	41145	43476	70263	29118	14358	1062607	1105042	260338	2010-12-31	13.48%	17.15%	0.6141	16.4122	0.16	0.08	3.06	0.03	2.0707	1.8259	0.6254	0.6513	0.3934	32.7%	31	117	83
2010-11-15	2010	3	0.295	0.2	-	2.68%	6.91%	45040	132864	7417	17112	4382	11304	0.0041	0.0106	278009	114464	743	163545	7147	58776	34523	43284	51629	17106	26178	1056737	1071197	269467	2010-09-30	16.47%	40.70%	0.7031	-	0.15	0.07	3.64	0.04	1.9462	1.7074	0.7951	0.7031	0.4117	25.4%	26	82	72
2010-08-16	2010	2	0.28	0.16	-	2.80%	4.29%	52406	87825	6282	9695	4515	6922	0.0053	0.0079	282277	120985	817	161292	1004	48357	42523	43284	49361	6838	36446	858312	878331	163079	2010-06-30	11.99%	27.62%	0.6839	-	0.18	0.09	2.11	0.05	1.9027	1.7153	0.7986	0.7539	0.4286	27.0%	23	94	75
2010-05-21	2010	1	0.27	0.18	-	1.65%	1.65%	35420	35420	3412	3412	2406	2406	0.0028	0.0028	221381	75464	689	145917	10032	6687	572	43284	16719	17291	25993	854360	854360	209318	2010-03-31	9.63%	29.25%	0.8408	-	0.17	0.1	2.45	0.04	2.2608	1.9911	0.8897	0.5196	0.3409	27.8%	24	83	68
2010-02-24	2009	4	0.32	0.24	0.0032	1.50%	9.44%	62601	188244	4007	20377	2152	13538	0.0027	0.0173	223062	79581	681	143481	7398	19885	18520	37251	12487	6033	43284	811787	781201	215123	2009-12-31	6.40%	43.12%	0.8439	15.2916	0.18	0.1	2.65	0.06	2.2367	1.9819	1.1554	0.5573	0.3568	29.7%	25	69	79
2009-11-19	2009	3	0.375	0.265	-	3.01%	8.27%	42621	125643	6355	16370	4148	11386	0.0051	0.0146	219309	81564	678	137745	4248	11205	8349	45831	6957	15306	30525	811787	781201	276007	2009-09-30	14.91%	34.62%	0.8968	-	0.18	0.1	3.4	0.04	1.5889	1.1257	0.5085	0.5951	0.3719	18.1%	57	64	108
2009-08-19	2009	2	0.44	0.25	-	3.02%	5.35%	45500	83022	5600	10015	4090	7238	0.0052	0.0095	228388	93118	886	135270	13031	8209	4000	45831	4822	822	46653	784247	765654	196061	2009-06-30	12.31%	27.46%	0.9793	-	0.18	0.1	2.5	0.06	1.4683	1.1991	0.6518	0.6929	0.4077	15.1%	35	60	108
2009-05-22	2009	1	0.45	0.225	-	2.60%	2.60%	37522	37522	4415	4415	3148	3148	0.0063	0.0063	203822	82674	688	121148	12827	1595	2650	45831	11232	13882	31949	496214	496214	143902	2009-03-31	11.77%	28.24%	1.1493	-	0.24	0.12	2.42	0.07	1.6843	1.2643	0.5217	0.6863	0.4056	18.2%	45	68	93
2009-02-27	2008	4	0.31	0.23	0.0030	0.10%	10.71%	71042	224345	1672	18284	115	12147	0.0002	0.0325	204272	90879	669	113393	30270	25613	24281	16862	4657	28938	45800	491992	373914	127917	2008-12-31	2.35%	107.78%	1.0983	8.0034	0.3	0.14	1.86	0.09	1.5508	1.1541	0.6672	0.8062	0.4449	17.1%	50	53	102
2008-11-22	2008	3	0.32	0.225	-	2.56%	10.81%	69593	153303	3747	16612	2907	12262	0.0071	0.0367	206584	93121	639	113463	45414	25081	8131	16862	20333	28464	45326	410706	334122	137586	2008-09-30	5.38%	21.46%	0.8167	-	0.34	0.16	2.09	0.11	1.2483	0.8696	0.5133	0.8254	0.4508	13.1%	83	66	199
2008-08-27	2008	2	0.37	0.25	-	5.90%	8.45%	56101	83710	9022	12865	6534	9355	0.0221	0.0317	145644	34959	60	110685	3622	8203	5450	16862	4581	869	17731	295195	295195	110698	2008-06-30	16.08%	27.10%	0.8823	-	0.37	0.21	1.79	0.06	1.9997	1.2662	0.558	0.316	0.24	26.2%	83	63	82
2008-05-27	2008	1	0.64	0.315	-	2.71%	2.71%	27609	27609	3843	3843	2821	2821	0.0096	0.0096	131504	27396	17	104108	1473	1449	1987	16862	2922	935	15927	295195	295195	177117	2008-03-31	13.92%	28.23%	0.6061	-	0.35	0.19	3.16	0.06	2.2926	1.7717	0.6536	0.2632	0.2083	42.2%	73	125	115
2008-02-28	2007	4	0.62	0.51	0.002955	1.75%	6.76%	15424	62258	2582	8557	1771	6844	0.0060	0.0293	113758	12471	17	101287	9093	1226	4777	11320	10319	5542	16862	295195	233881	172689	2007-12-31	16.74%	31.22%	0.5473	19.9913	0.43	0.23	2.54	0.06	4.3296	3.3412	1.7713	0.1231	0.1096	52.3%	67	86	62
2007-11-23	2007	3	0.615	0.48	-	4.03%	7.47%	29362	46834	3425	5975	2734	5073	0.0105	0.0238	80867	12964	12	67903	5268	8003	2085	11320	13271	11186	22506	259624	213218	133706	2007-09-30	11.66%	20.41%	0.6786	-	0.32	0.24	2.15	0.09	4.2988	3.462	2.1019	0.191	0.1603	68.3%	76	95	56
2007-08-23	2007	2	0.55	0.5	-	2.75%	6.70%	7316	17472	1030	2550	962	2339	0.0051	0.0123	40324	5403	-	34921	3866	691	3309	11320	3175	134	11186	189630	189630	102400	2007-06-30	14.08%	6.60%	0.6327	-	0.18	0.18	3.0	0.06	6.8483	5.6732	3.0446	0.1547	0.134	91.4%	76	127	38
2007-05-29	2007	1	N/A	N/A	-	4.05%	4.05%	10156	10156	1520	1520	1377	1377	0.0073	0.0073	42219	8260	-	33959	1920	38	917	11320	1882	965	12285	189630	189630	99555	2007-03-31	14.97%	9.41%	0.4311	-	0.18	0.18	2.92	0.07	4.2306	3.6275	1.7985	0.2432	0.1956	126.5%	98	235	73
2007-02-27	2006	4	N/A	N/A	-	0.91%	9.04%	8043	29340	981	4023	296	2945	0.0016	0.0155	39733	7156	-	32577	1033	2333	1360	13326	3366	2006	11320	189630	189630	67318	2006-12-31	12.20%	69.83%	0.2024	22.8586	0.17	0.17	2.09	0.06	4.594	3.9975	1.9216	0.2197	0.1801	267.4%	180	564	118

Financial Quarter Balance Sheet

year	qrt	Development Expenditure (A-0)	Finance lease receivables (A-0)	Intangible assets (A-0)	Investment in associated companies (A-0)	Investment in jointly controlled entity (A-0)	Investment properties (A-0)	Prepaid lease payments (A-0)	Property, plant and equipment (A-0)	Receivables (A-0)	Amount due from associated companies (A-1)	Cash and cash equivalents (A-1)	Current tax assets (A-1)	Finance lease receivables (A-1)	Financial assets at fair value through profit and loss (A-1)	Fixed deposits with licensed banks (A-1)	Inventories (A-1)	Marketable securities (A-1)	Other assets (A-1)	Other investments (A-1)	Other receivables (A-1)	Trade receivables (A-1)	Deferred tax liabilities (L-0)	Hire purchase liabilities (L-0)	Loans & borrowings (L-0)	Long term payables (L-0)	Redeemable secured loan stocks (L-0)	Term loans (L-0)	Current tax liabilities (L-1)	Hire purchase liabilities (L-1)	Loans & borrowings (L-1)	Other payables (L-1)	Provision for liabilities (L-1)	Trade and other payables (L-1)	Minority interest (M-1)
2011	3	-	-	83491	-	893	1214	-	95872	1750	-	63373	4610	-	173	-	14817	-	13219	-	17565	36370	996	-	42745	3000	-	-	3899	-	21266	43587	1358	9528	703
2011	2	-	-	83491	-	811	1218	-	91110	1544	-	48099	5330	-	194	-	13585	-	8168	-	33443	48844	917	-	46023	3000	-	-	4788	-	27779	29225	1400	16696	663
2011	1	-	-	83491	-	811	1222	-	91796	1677	-	38324	5324	-	191	-	13324	-	8483	-	14295	44502	916	-	50528	3000	-	-	4093	-	20451	23441	2696	14360	641
2010	4	-	-	83491	-	1061	1225	-	90866	1809	-	34153	3562	-	159	-	13428	-	5040	-	9614	47641	1086	-	53947	5000	-	-	2393	-	14568	25206	2321	10372	745
2010	3	-	-	83497	-	892	1229	7842	82551	-	-	19107	3829	-	2918	19645	12516	-	-	-	10764	33219	2050	-	41670	5000	13336	-	4148	-	13645	25289	-	9326	743
2010	2	-	-	84686	-	750	1238	5514	80055	-	-	16745	3369	-	11496	17940	10837	-	-	-	11858	37789	2032	-	42710	5000	13413	-	3059	-	18758	27027	-	8986	817
2010	1	-	-	62118	-	-	303	5535	60471	-	-	14358	3152	-	6542	15679	11091	-	-	-	-	42132	2044	-	15944	-	16361	-	1844	-	8152	-	-	31119	689
2009	4	-	-	61521	-	-	304	4741	55483	-	-	12532	1944	-	24039	15610	11507	-	-	-	10351	25030	2030	-	15971	-	16419	-	1457	-	7048	25273	-	11383	681
2009	3	78	-	61460	-	-	305	4760	56853	-	-	17243	2523	-	-	13243	27942	152	-	39	8109	26602	1829	2430	16979	-	-	-	1637	544	5634	36490	-	16021	678
2009	2	96	-	61460	-	-	306	4779	55740	-	-	26592	2957	-	-	16606	19437	409	-	3455	5237	31314	1829	2341	16750	-	-	-	1496	854	9991	45598	-	14259	886
2009	1	114	-	58839	5636	-	307	3959	30308	-	-	12238	2230	-	-	19509	26096	468	-	202	8516	35400	899	742	-	4800	-	14095	2500	488	5719	41461	-	11970	688
2008	4	132	-	58839	5609	-	308	3974	27478	-	-	9122	1341	-	-	34849	27613	306	-	2159	9037	23505	899	746	14837	4800	-	-	1529	535	11550	43629	-	12354	669
2008	3	150	-	58660	5589	-	-	1251	29816	-	-	25906	1278	-	-	18417	33714	366	-	1003	3077	27357	881	502	2726	-	-	-	1464	428	6915	62508	-	17697	639
2008	2	168	-	48325	7930	-	-	1257	20687	-	3076	14883	1818	-	-	40	24677	1041	-	2808	5574	13360	786	258	-	-	-	271	2952	246	6437	19389	-	4620	60
2008	1	186	-	48325	7730	-	-	1262	14402	-	174	8107	1777	-	-	40	13543	1065	-	7780	4340	22773	786	304	-	-	-	310	1912	286	2848	4320	-	16630	17
2007	4	204	-	48199	7644	-	-	1268	14095	-	157	3050	720	-	-	2301	9668	463	-	11511	5090	9388	786	355	-	1200	-	349	138	323	734	5260	-	3326	17
2007	3	222	1069	16578	-	-	-	-	14189	-	-	8143	1099	31	-	21	9501	1359	-	14342	4001	10312	679	544	-	-	-	387	1079	193	3328	2672	-	4082	12
2007	2	240	1069	-	-	-	-	-	11711	-	-	2809	1594	31	-	37	4685	953	-	8340	1856	6999	667	323	-	-	-	426	1319	173	348	772	-	1375	-
2007	1	258	1032	-	-	-	-	-	10773	-	-	2783	1312	45	-	37	4299	535	-	9465	1562	10118	667	-	-	-	-	465	1250	-	2660	772	-	2446	-
2006	4	276	-	-	-	-	-	-	11962	-	-	1924	-	-	-	37	3570	181	-	9359	3205	9219	667	-	-	-	-	504	108	-	3538	903	-	1436	-

Financial Quarter Income Statement

year	qrt	Revenue	Income tax expense	Cost of sales	Finance/interest costs	Other income	Administrative/Operating expenses	Minority interest	Share of profit/ (loss) of associates	After tax effect	Share of net profit of jointly controlled entity
2011	3	64353	2542	52857	975	1412	5046	40	-	7	1079
2011	2	70413	1990	58328	1082	1271	5530	22	-	58	-
2011	1	50646	1040	43731	954	1880	4111	2	-	29	-
2010	4	46491	1075	30634	1003	471	9226	2	-	0	169
2010	3	45040	3019	31366	993	575	5981	16	-	0	142
2010	2	52406	1735	41938	530	910	4683	32	-	117	-
2010	1	35420	998	27735	470	599	4455	8	-	53	-
2009	4	62601	1728	48730	502	1202	10564	127	0	-	-
2009	3	42621	2200	31527	360	769	5148	7	0	-	-
2009	2	45500	1538	35976	356	337	3994	28	89	-	-
2009	1	37522	1247	29863	316	134	3089	20	27	-	-
2008	4	71042	1802	64022	181	166	5013	15	12	-	-
2008	3	69593	804	62668	229	3178	-	36	229	-	-
2008	2	56101	2445	42870	179	141	4438	43	267	-	-
2008	1	27609	1085	22052	154	85	1777	63	132	-	-
2007	4	15424	806	11790	92	504	2101	5	637	-	-
2007	3	29362	699	23228	91	2618	-	8	-	-	-
2007	2	7316	68	5890	29	148	515	-	-	-	-
2007	1	10156	143	8034	41	162	723	-	-	-	-
2006	4	8043	685	6548	29	221	706	-	-	-	-

Financial Quarter Segments Revenue

year	qrt	Others	Oil & Gas	Polymer	Technical Services
2011	3	-	27199	4418	32771
2011	2	-	21327	4703	44383
2011	1	-	10437	5705	34504
2010	4	-	11713	4082	30696
2010	3	1	18748	7801	18489
2010	2	-	12154	8639	31612
2010	1	-	8840	10110	16470
2009	4	32454	22333	7887	-
2009	3	22978	14943	4700	-
2009	2	19196	18528	7776	-
2009	1	20546	10435	6541	-
2008	4	60476	3560	6774	-
2008	3	43480	16104	10009	-
2008	2	401	47648	8052	-
2008	1	174	17760	9675	-
2007	4	202	5040	10366	-
2007	3	-	19326	27508	-

Financial Quarter Segments Profit

year	qrt	Others	Oil & Gas	Polymer	Technical Services
2011	3	196	6765	258	165
2011	2	108	5080	321	753
2011	1	68	2499	778	1285
2010	4	294	3339	126	4177
2010	3	286	7068	534	2807
2010	2	184	3730	789	2418
2010	1	318	1762	1604	666
2009	4	4369	1194	425	-
2009	3	4918	1653	121	-
2009	2	665	4329	427	-
2009	1	888	3434	4	-
2008	4	3132	792	97	-
2008	3	2280	65	800	-
2008	2	-	7098	216	-
2008	1	-	2135	943	-
2007	4	329	1053	1046	-
2007	3	-	1978	2852	-

Short form reference
a_date = announcement date, yr = financial year end, qrt = quarter
h_price = stock highest price during the quarter, l_price = stock lowest price during the quarter
div = dividend recommend or declare in the quarter, roe = return on equity
c_roe = cumulative of return on equity during the financial year
rev = revenue in the current quarter, c_rev = cumulative of revenue during the financial year
pbt = profit before tax in the current quarter, c_pbt = cumulative of profit before tax during the financial year
eps = earnings per share in the current quarter, c_eps = cumulative of earnings per share during the financial year
asset = total asset, liab = total liability, mino = minority interest, equi = total equity
cfo = net cash flow from operating activities, cfi = net cash flow from investing activities
cff = net cash flow from financing activities, cash = cash and cash equivalents as at beginning of financial year
final = cash and cash equivalents as at current financial period ended
share = diluted/basic weighted average number of ordinary shares
c_share = cumulative of diluted/basic weighted average number of ordinary shares during the financial year
m_cap = market capital at announcement date of quarterly report, date = current financial period ended date
prof_m = profit margin, vat = income tax rate, pe = price earning per share ratio of recent four quarter
navps = net asset value per share, ntaps = net tangible asset per share, cps = cash per share
l_cur = liquidity current ratio, l_qui = liquidity quick ratio, l_cash = liquidity cash ratio
g_de = gearing debt to equity ratio, g_da = gearing debt to assets ratio
avg_w = working capital per thousand Ringgit sale
inv_d = days to sell the inventory, rec_d = days to collect the receivables
pay_d = days to pay the payables



6-Months Historical Chart from shareinvestor.com

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1-Years Historical Chart from shareinvestor.com

5-Years Historical Chart from shareinvestor.com