KLCI Stock - GENTING / 3182 - 2012 Quarter 1

GENTING BERHAD



Company Description

Genting Berhad is an investment holding and management company. The principal activities of the subsidiaries include leisure and hospitality, gaming and entertainment businesses, plantation, the generation and supply of electric power, property development and management, tours and travel related services, genomics research and development, investments and oil and gas exploration, development and production activities. The principal activities of the Company's associates include the generation and supply of electric power, resort, property investment and property development. The Company has over 4,500 hectares of prime resort land and about 134,000 hectares of plantation land. In September 2008, the Company acquired Ambani Limited. On October 17, 2008, the Company acquired Dragasac Limited. In July 2009, the Company placed Prime Venture (Labuan) Limited under member's voluntary winding-up. In November 2009, the Company announced that it has incorporated Resorts World Inc Pte Ltd.

Company Info 

Listing Date	1971-12-28
Market Capital (Capital Size)	37,189,737,700 (Very Large)
Par Value	RM 0.10
Board	Main
Sector	Trading/Services
Major Industry	Leisure & Recreation
Sub Industry	Electric Power
Website	http://www.genting.com

My Analysis 

Forecast P/E now	(10.0-0.08)/0.7616 = 13.03 (Moderate)
Target Price	10.28+0.08 = 10.36 (PE 13.5, EPS 0.7616, DPS 0.08)
Decision	Not interested unless stock price can sustain and uptrend above SMA20
Comment	Revenue decreased 12.7% and also lower than preceding year corresponding quarter 9.6%, eps decreased 10.3% and also lower than preceding year corresponding quarter 15.4%, net cash generated from operating not enough to cover financing expenses hence increased cash from financing activities to cover all other expenses, margin still very high, stronger liquidity ratio from moderate to high level now, lower gearing ratio from high to above moderate level now, 23.1% lower debt ratio from recent high, all repayment period is good, affecting by CPO price decreasing, most segments business slow down
First Support Price	10.0
Second Support Price	9.6
Risk Rating	MODERATE

Research House

ECM Target Price	9.83 (2011-11-25)
Maybank Target Price	10.5 (2012-02-29)
HLG Target Price	11.5 (2012-03-23)
Kenanga Target Price	12.57 (2012-05-11)
RHB Target Price	12.15 (2012-05-25)
CIMB Target Price	12.3 (2012-05-31)
HwangDBS Target Price	13.7 (2012-05-31)
OSK Target Price	11.62 (2012-05-31)
AMMB Target Price	11.85 (2012-06-01)

Accounting Ratio 

Return on Equity	9.01%
Dividend Yield	0.80%
Gross Profit Margin	39.64%
Operating Profit Margin	31.74%
Net Profit Margin	32.91%
Tax Rate	21.54%
Asset Turnover	0.3261
Net Asset Value Per Share	6.2
Net Tangible Asset per share	4.48
Price/Net Tangible Asset Per Share	2.23
Cash Per Share	5.07
Liquidity Current Ratio	3.7921
Liquidity Quick Ratio	3.6995
Liquidity Cash Ratio	3.21
Gearing Debt to Equity Ratio	0.8483
Gearing Debt to Asset Ratio	0.332
Working capital per thousand Ringgit sale	85.3%
Days to sell the inventory	17
Days to collect the receivables	53
Days to pay the payables	114

Technical Analysis 

SMA 20	10.266 (Downtrend 29 days)
SMA 50	10.604 (Downtrend)
SMA 100	10.688 (Downtrend)
SMA 200	10.378 (Downtrend)
MACD (26d/12d)	-0.174459 ( 0.003495 )
Signal (9)	-0.161281 ( 0.003294 )
MACD Histogram	0.013178 (Bearish trend 15 days)
Bolinger Upper Band	10.795
Bolinger Lower Band	9.737

My notes based on 2012 quarter 1 report (number in '000):-
- Lower revenue than FY11Q1 was recorded from all the business segments except for the Property Division hence also caused lower pbt

- Lower revenue and pbt from Resorts World Sentosa due mainly to lower win percentage and business volume in the premium player business when compared with the previous year’s corresponding quarter. However, revenue from the non-gaming segment, which included Universal Studios Singapore and the hotels, registered growth

- Lower revenue and pbt from the leisure & hospitality business in Malaysia was mainly due to weaker hold percentage in the premium players business despite an overall higher volume of business. This lower revenue and higher payroll costs and promotional expenses resulted in a lower adjusted EBITDA for RWG

- The lower adjusted EBITDA was mainly due to bad debts written off

- The adjusted EBITDA from US included a construction loss of RM48.2 million incurred due to cost overrun

- Lower revenue and pbt from the Power Division mainly due to lower dispatch by the Meizhou Wan power plant. In addition, revenue in the previous year’s corresponding quarter had included compensation from the Fujian provincial government in respect of an increase in tariff rate

- Lower revenue and pbt from Plantation Division due to the softening of palm product selling prices and higher operating expenditure

- The Property Division recorded higher revenue and pbt due mainly to better demand for the GENP Group’s industrial and commercial properties. The Division’s revenue also included rental income from properties owned by the GENM Group in the City of Miami, Florida, US, which the GENM Group had acquired in the second quarter of 2011

- The Group’s profit before tax for the current quarter included a gain on disposal of subsidiaries of RM174.3 million arising from the disposal of the Company’s indirect 100% equity interests in GONPL and SOGPL to AWE Limited, which was completed in February 2012

- Estimate next 4Q eps after 2012 Q1 result announced = 33166943*0.085/3701553 = 0.7616, estimate PE on current price 10 = 13.03(DPS 0.08)
- Estimate next 4Q eps after 2011 Q4 result announced = 33166943*0.09/3701553 = 0.8064, estimate highest/lowest PE = 13.72/12.24 (DPS 0.08)
- Estimate next 4Q eps after 2011 Q3 result announced = 0.1609*0.9*4 = 0.5792, estimate highest/lowest PE = 19.41/17.16 (DPS 0.08)
- Estimate next 4Q eps after 2011 Q2 result announced = 0.1713*0.9*4 = 0.6167(exclude RM116.7 million one time gain), estimate highest/lowest PE = 17.77/13.44 (DPS 0.08)
- Estimate next 4Q eps after 2011 Q1 result announced = 0.7531*1.1 = 0.8284, estimate highest/lowest PE = 13.67/11.25 (DPS 0.078)
- Estimate next 4Q eps after 2010 Q4 result announced = 0.14*4*1.05 = 0.588, estimate highest/lowest PE = 19.91/16.59 (DPS 0.075)
- Estimate next 4Q eps after 2010 Q3 result announced = 0.0945*4 = 0.3781, estimate highest/lowest PE = 31.49/26.22 (DPS 0.075)
- Estimate next 4Q eps after 2010 Q2 result announced = 0.1985*4 = 0.794, estimate highest/lowest PE = 13.53/11.22 (DPS 0.075)
- Estimate next 4Q eps after 2010 Q1 result announced = 0.2813*1.15 = 0.3235(15% increased), estimate highest/lowest PE = 21.54/2 (DPS 0.072)
- Estimate next 4Q eps after 2009 Q4 result announced = 0.0661*4 = 0.2644, estimate highest/lowest PE = 26.77/23.18 (DPS 0.072)
- Estimate next 4Q eps after 2009 Q3 result announced = 0.0999*4 = 0.3996, estimate highest/lowest PE = 19.09/15.62 (DPS 0.07)
- Estimate next 4Q eps after 2009 Q2 result announced = 0.0577*4 = 0.2308, estimate highest/lowest PE = 33.23/27.64 (DPS 0.07)
- Estimate next 4Q eps after 2009 Q1 result announced = 0.0574*4 = 0.2296, estimate highest/lowest PE = 28.88/23 (DPS 0.07)

GENTING latest news (English)

GENTING 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	gros_m	oper_m	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
2012-05-30	2012	1	N/A	N/A	-	2.09%	2.09%	4421054	4421054	1455011	1455011	691704	691704	0.1873	0.1873	58542880	19436275	16193635	39106605	905626	637629	3969022	13181983	267997	4237019	17419002	3692732	3692732	36890392	2012-03-31	39.64%	31.74%	32.91%	21.54%	0.3261	-	6.2	4.48	2.23	5.07	3.7921	3.6995	3.21	0.8483	0.332	85.3%	17	53	114
2012-02-28	2011	4	11.14	9.95	0.045	2.62%	9.71%	5063177	19559041	1800125	6663839	770604	2858019	0.2087	0.7721	54344668	21177725	15548169	33166943	6903843	7035222	1426132	14793259	131379	1557511	13235748	3693073	3701553	38924989	2011-12-31	39.36%	31.05%	35.55%	21.52%	0.3599	13.6508	4.76	3.0	3.51	4.09	2.5995	2.5226	2.0876	1.202	0.3897	59.2%	17	53	137
2011-11-24	2011	3	11.32	10.02	-	2.02%	7.09%	5143899	14495864	1429651	4863360	595034	2087061	0.1609	0.5633	53160182	21265578	14995529	31894604	4475437	4570372	595594	14861459	94935	690529	14170930	3699258	3705204	38028372	2011-09-30	35.45%	30.02%	27.79%	24.15%	0.3496	-	4.56	3.2	3.21	4.43	2.8679	2.7932	2.3015	1.2584	0.4	71.6%	18	67	140
2011-08-25	2011	2	11.04	8.37	0.035	2.28%	5.07%	4462807	9351965	1545904	3433336	670695	1491654	0.1808	0.4022	51919030	20355023	14766128	31564007	3030309	2860080	70009	14829664	170229	100220	14929884	3709100	3708905	36274998	2011-06-30	38.90%	36.10%	34.64%	22.69%	0.3341	-	4.53	3.19	3.07	4.49	3.0969	3.0162	2.5474	1.2118	0.3921	79.0%	19	63	143
2011-05-26	2011	1	11.4	9.4	-	2.79%	2.79%	4889158	4889158	1887703	1887703	821230	821230	0.2214	0.2214	50039365	19466402	14431324	30572963	1679596	1340838	313348	14565840	338758	25410	14591250	3708990	3708990	41169789	2011-03-31	46.50%	41.64%	38.61%	23.55%	0.3391	-	4.35	3.01	3.69	4.45	3.161	3.0778	2.6297	1.206	0.389	79.9%	20	59	153
2011-02-23	2010	4	11.78	9.83	0.045	1.81%	8.56%	4086714	15194737	1183024	4391393	465682	2200026	0.1256	0.5946	49014149	19567657	13949034	29446492	6281611	5063659	735027	14065628	1217952	482925	14548553	3707445	3700262	38483279	2010-12-31	45.50%	39.43%	28.95%	31.83%	0.31	17.4583	4.19	3.17	3.27	4.41	3.2611	3.1706	2.7703	1.2626	0.3992	87.9%	23	55	176
2010-11-25	2010	3	11.98	9.99	-	2.97%	6.74%	3909209	11108023	1416218	3207910	763743	1733885	0.2062	0.4683	48577297	20645902	12929054	27931395	4751630	4482226	1223962	13816831	269404	1493366	15310197	3704246	3702713	38524158	2010-09-30	37.99%	30.09%	36.23%	13.82%	0.2764	-	4.05	3.04	3.42	4.61	3.2575	3.1665	2.798	1.3762	0.425	102.6%	26	60	200
2010-08-26	2010	2	10.82	8.98	0.033	2.86%	3.77%	4085070	7198814	1589192	1791503	735234	969953	0.1985	0.2618	45751037	19661442	12224910	26089595	3299890	2695137	1718933	13927361	604753	2323686	16251047	3704714	3704613	33342426	2010-06-30	48.57%	42.24%	38.90%	11.12%	0.2606	-	3.74	3.06	2.94	4.67	3.9791	3.882	3.5786	1.4181	0.4297	120.9%	26	45	202
2010-05-27	2010	1	9.06	6.64	-	0.90%	0.90%	3113744	3113744	200026	200026	232434	232434	0.0629	0.0629	43232415	18661982	11800567	24570433	1271497	1766639	1868445	14092077	495142	1373303	15465380	3696367	3696367	24876549	2010-03-31	42.67%	7.10%	6.42%	117.28%	0.2299	-	3.45	2.79	2.41	4.29	4.9123	4.7674	4.4219	1.4614	0.4317	141.1%	33	45	162
2010-02-25	2009	4	7.15	6.2	0.042	1.14%	4.86%	2320097	8893617	585212	2525403	244952	1041294	0.0661	0.2813	43501048	17788643	11825274	25712405	2551828	5692386	8197409	9335774	3140558	5056851	14392625	3704808	3702304	23377338	2009-12-31	40.83%	27.02%	25.22%	32.40%	0.2044	22.4351	3.75	2.69	2.35	4.05	4.8154	4.6896	4.3665	1.2809	0.4089	147.4%	30	46	163
2009-11-25	2009	3	7.72	6.27	-	1.73%	3.72%	2401584	6573520	804225	1940124	370055	796275	0.0999	0.2151	39603966	15973889	9926007	23630077	2015801	4161512	5335399	9380446	2145711	3189688	12570134	3703675	3701570	26222019	2009-09-30	42.13%	35.30%	33.49%	23.76%	0.2263	-	3.7	2.65	2.67	3.57	5.0046	4.8528	4.5024	1.1656	0.4033	131.1%	30	42	126
2009-08-26	2009	2	7.87	6.44	0.03	1.00%	1.99%	2102698	4171936	569726	1135763	213768	426084	0.0577	0.1151	35961981	13122308	9609513	22839673	1253810	2466978	2520415	9406579	1213168	1307247	10713826	3701821	3700411	24432018	2009-06-30	39.41%	31.55%	27.09%	31.88%	0.2483	-	3.58	2.49	2.65	3.06	4.0659	3.9214	3.6094	0.9918	0.3649	107.8%	30	40	138
2009-05-28	2009	1	6.8	5.2	-	0.99%	0.99%	2069238	2069238	566013	566013	212292	212292	0.0574	0.0574	32815284	10606784	9296358	22208500	538818	931736	1150540	9453648	392918	757622	10211270	3698362	3698362	20156072	2009-03-31	36.95%	30.20%	27.35%	32.38%	0.2739	-	3.49	2.48	2.2	2.87	5.0347	4.8621	4.419	0.8215	0.3232	107.7%	27	43	95
2009-02-26	2008	4	5.65	3.08	0.04	0.56%	2.64%	2390173	9082508	108934	1733494	120784	567996	0.0327	0.1532	30450684	9037305	8971360	21413379	2518050	2623292	166988	9575505	105242	272230	9303275	3693700	3708114	13075698	2008-12-31	38.00%	2.23%	4.56%	-	0.2983	23.1106	3.36	2.41	1.47	2.6	5.0478	4.8528	4.3535	0.7264	0.2968	98.3%	28	44	100
2008-11-27	2008	3	4.4	3.52	-	0.19%	3.19%	2368817	6692335	219532	1841192	40589	687544	0.0110	0.1853	30351268	8557623	9187675	21793645	1828191	1377474	915512	9548666	450717	464795	9083871	3706472	3709638	16456735	2008-09-30	34.97%	10.65%	9.27%	68.90%	0.2946	-	3.4	2.27	1.96	2.56	4.4159	4.2545	3.7733	0.6789	0.282	95.9%	28	49	113
2008-08-28	2008	2	5.85	3.58	0.03	1.35%	3.38%	2159206	4323518	769490	1621567	289733	728040	0.0781	0.1962	30787854	8570213	9378780	22217641	1043006	668172	389722	9454078	374834	14888	9439190	3710559	3711332	19665962	2008-06-30	42.85%	37.78%	35.64%	28.45%	0.2857	-	3.46	2.23	2.38	2.64	4.4903	4.3421	3.8697	0.6675	0.2784	100.6%	27	50	100
2008-05-29	2008	1	6.2	5.15	-	2.03%	2.03%	2164312	2164312	852041	852041	438271	438271	0.1181	0.1181	29486560	8126609	9022079	21359951	448464	315469	166622	9264188	132995	33627	9230561	3712103	3712103	21715802	2008-03-31	40.77%	40.20%	39.37%	22.33%	0.2923	-	3.32	2.12	2.76	2.6	5.6073	5.3862	4.929	0.6587	0.2756	104.6%	31	38	88
2008-02-28	2007	4	6.9	5.7	0.043	3.08%	11.91%	2249584	8483821	907514	3221147	512906	1985556	0.1383	0.5360	30178847	8641591	9182307	21537256	2844129	1669155	280354	7856861	1174974	1455328	9312189	3708596	3704343	25403882	2007-12-31	41.37%	40.45%	40.34%	16.28%	0.2811	12.7797	3.34	2.07	3.31	2.63	3.7669	3.6222	3.3375	0.6994	0.2863	95.2%	31	36	100
2007-11-22	2007	3	8.2	6.8	0.3	1.65%	8.83%	2223793	6234237	353266	2312842	275134	1471859	0.0741	0.3968	31740997	9354885	9403827	22386112	2046233	773194	1887311	8018410	1273039	3160350	11178760	3710728	3709750	27830460	2007-09-30	41.57%	0.72%	15.89%	21.22%	0.2658	-	3.5	2.14	3.5	3.02	3.8069	3.6785	3.3871	0.7206	0.2947	110.1%	31	42	92
2007-08-23	2007	2	8.4	7.5	0.027	3.25%	7.18%	1980808	4010444	931638	1959480	541258	1196629	0.1458	0.3226	30027203	10837978	6849218	19189225	1232178	2353990	1472146	8037950	1121812	350334	8388284	3711086	3709608	30616459	2007-06-30	39.53%	35.51%	47.03%	22.76%	0.2069	-	3.33	1.83	4.51	2.25	2.6221	2.5211	2.0827	0.8783	0.3609	104.4%	40	50	111
2007-05-24	2007	1	N/A	N/A	-	3.93%	3.93%	2029636	2029636	1027577	1027577	655106	655106	0.1766	0.1766	28830964	10334159	6630211	18496805	675764	1585502	607213	8020389	909738	302525	7717864	3709748	3709748	29492496	2007-03-31	41.40%	39.71%	50.63%	22.13%	0.1468	-	3.2	1.76	4.52	2.07	2.6052	2.4922	2.0697	0.8709	0.3584	140.9%	63	59	164
2007-02-28	2006	4	N/A	N/A	0.04	N/A	N/A	2203308	6418628	913980	2734182	504008	1495902	0.7070	2.1109	28224739	11557862	5372217	16666877	2597387	4344405	3682905	5991251	1747018	1935887	7927138	712870	708643	23524710	2006-12-31	42.96%	53.28%	41.48%	20.70%	0.0781	15.6329	15.94	8.05	4.1	11.33	2.1849	2.0584	1.8565	1.0233	0.4095	234.0%	160	145	395

Financial Quarter Balance Sheet

year	qrt	Available-for-sale financial assets (A-0)	Deferred tax assets (A-0)	Derivative financial assets (A-0)	Exploration & evaluation assets (A-0)	Financial assets at fair value through profit and loss (A-0)	Intangible assets (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)	Leasehold land use rights (A-0)	Other assets (A-0)	Plantation development expenditure (A-0)	Property, plant and equipment (A-0)	Amount due from associated companies (A-1)	Available-for-sale financial assets (A-1)	Cash and cash equivalents (A-1)	Current asset classified as held for sales (A-1)	Derivative financial assets (A-1)	Financial assets at fair value through profit and loss (A-1)	Inventories (A-1)	Other investments (A-1)	Property development costs (A-1)	Restricted cash (A-1)	Trade receivables (A-1)	Deferred tax liabilities (L-0)	Derivative financial liabilities (L-0)	Loans & borrowings (L-0)	Other liabilities (L-0)	Amount due to associated companies (L-1)	Amounts due to Jointly Controlled Entities (L-1)	Current tax liabilities (L-1)	Derivative financial liabilities (L-1)	Dividend payable (L-1)	Liabilities directly associated with assets classified as held for sale (L-1)	Loans & borrowings (L-1)	Trade and other payables (L-1)	Minority interest (M-1)
2012	1	2456008	145560	52628	955802	-	6379031	812886	152518	1247843	531509	158826	396080	1020941	22124455	7261	806936	17419002	86924	766	69431	519161	-	20625	419894	2758793	1920516	11532	11333588	340369	15496	-	421688	19684	-	-	1727484	3645918	16193635
2011	4	1913390	146545	69810	890047	-	6504457	811323	149573	1306094	539738	161154	386098	1007644	21629650	14489	696002	13235748	330853	409	65043	539037	-	18316	1124606	2804642	1940110	9365	11651973	332955	10548	-	311063	21835	-	8557	2514659	4376660	15548169
2011	3	2030576	146151	-	720409	-	5057968	868602	132865	979599	574184	136991	413299	943206	20732207	5365	1256756	14170930	70755	-	64816	520257	-	11913	897997	3425336	1862115	14838	11935870	331099	-	4506	354479	10798	96866	-	2503276	4151731	14995529
2011	2	2268059	142236	-	642507	-	4956265	890382	135371	794314	572745	130520	160006	900077	20084655	13944	814777	14929884	61042	-	78047	516841	-	10457	827973	2988928	1737368	2788	11745051	333536	-	4557	416773	1808	125058	-	2077425	3910659	14766128
2011	1	2415023	142992	940	595907	-	4979715	767685	136901	43024	573400	128213	147958	869898	19409489	7514	941601	14591250	76640	-	91756	509427	-	12464	871056	2726512	1656944	1800	11207131	327725	-	4810	293741	1433	-	-	2040541	3932277	14431324
2010	4	2591448	177010	1223	577221	1956	3779197	765874	62319	43293	571244	133852	267121	843631	19932467	7686	841961	14548553	76635	-	94806	520591	-	14162	881476	2280423	1481999	1655	11849364	326779	-	4476	218608	4252	-	-	1581668	4098856	13949034
2010	3	2447268	175185	-	480525	1888	3744899	736181	55421	43558	569820	106069	238707	791082	19310197	7577	770766	15310197	20113	2265	83593	538925	-	16432	908623	2218006	1293879	37279	12902435	310488	-	6539	253393	172794	91570	-	1555088	4022437	12929054
2010	2	1584166	137011	-	483233	2245	2519711	724560	40741	64681	582168	110057	182348	751061	19325096	7913	620839	16251047	-	-	137545	433798	-	35996	297548	1459273	1220373	64378	13195074	345384	-	4765	335735	169051	116446	-	702471	3507765	12224910
2010	1	1642007	110964	-	428661	3210	2453278	696400	40541	71226	583640	114757	287678	696063	18502449	8123	-	15465380	-	301	28540	473383	-	45654	350588	1229572	1261776	68074	13356850	392117	-	4329	261074	149152	-	-	735238	2433372	11800567
2009	4	1270128	94017	-	420640	-	3914148	672780	52125	71755	582386	114969	920514	650375	18190710	13542	-	14392625	-	-	-	387107	314093	44996	297502	1096636	1307923	-	12659486	385061	-	2315	199366	-	-	-	852533	2381959	11825274
2009	3	1275175	94828	-	384501	-	3905671	665900	22312	25283	580996	1886068	848598	614426	14616023	13351	-	9740508	-	-	-	388695	3203122	56804	266923	1014782	1311042	-	11436903	291804	-	-	256749	-	83154	-	713030	1881207	9926007
2009	2	704410	67957	-	455313	-	4006919	648238	22552	25494	578523	1879046	809578	570699	13427784	12569	-	7768098	-	-	-	393939	3245332	59589	318784	967157	1358370	-	8306238	318039	-	-	316531	-	110860	-	596271	2115999	9609513
2009	1	405781	55513	-	446563	-	3726250	625397	71593	25626	577201	1878575	565788	530232	11828198	12895	-	7571130	-	-	-	357849	2821607	56345	208771	1049970	1278802	-	6685739	243179	-	-	271269	-	-	-	677979	1449816	9296358
2008	4	415040	61683	-	420022	-	3523099	622134	71202	25970	579867	1850863	537581	518312	10691610	11300	-	6937177	-	-	-	376075	2529386	53986	135421	1089956	1226568	-	5414288	190857	-	-	251100	-	-	-	442335	1512157	8971360
2008	3	491771	50203	-	405320	-	4200000	608706	75807	26082	578143	1839811	292096	498909	10200104	10259	-	6674406	-	-	-	357454	2613155	47674	183695	1197673	1420874	-	4463481	163191	-	-	312120	-	82118	-	458806	1657033	9187675
2008	2	957021	30462	-	376258	-	4557131	608999	75505	24824	576893	1831296	371659	487558	9509991	8365	-	7344615	-	-	-	332908	2326319	42698	136583	1188769	1482655	-	4405642	147499	-	-	387244	-	117701	-	627786	1401686	9378780
2008	1	898949	31735	-	300278	-	4457851	599763	14507	25048	495006	1783756	365890	476735	9064352	1631	-	7438198	-	-	-	316333	2055173	116396	151874	893085	1473894	-	4552092	143779	-	-	298043	-	-	-	434651	1224150	9022079
2007	4	1505362	23878	-	312500	-	4689416	575189	15388	26099	495299	1767864	396116	469510	8903018	1776	-	7800851	-	-	-	311424	1789138	111150	155314	829555	1545734	-	4029373	146551	-	-	258076	-	-	-	1292713	1369144	9182307
2007	3	2122105	18936	-	-	-	5028187	474166	15730	29357	495794	1792818	308278	461573	8397061	28189	-	9343105	-	-	-	329865	1864752	94808	-	936273	1569310	-	4315550	161014	-	-	347897	-	72859	-	1640688	1247567	9403827
2007	2	-	15872	-	-	-	5553132	2482235	17710	29585	493356	1773514	290667	452310	8428899	31363	-	5256400	907533	-	-	310824	3075577	93070	-	815156	1661011	-	5027953	148359	-	-	394099	-	107939	144561	2245874	1108182	6849218
2007	1	-	14967	-	-	-	5348012	2429490	19388	29853	490236	1802258	275003	448694	8294414	31541	-	4719655	888038	-	-	325155	2969636	94457	-	650167	1665717	-	4801860	151386	-	-	246141	-	-	138100	2228620	1102335	6630211
2006	4	-	13113	-	-	-	5592350	2493900	1339	30106	488787	383087	280167	445248	8989327	19027	-	5386039	-	-	-	446601	2585537	104134	106791	859186	1720657	-	5304985	180894	-	-	165742	-	-	-	2825096	1360488	5372217

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	Gain/loss on disposal of subsidiaries	Impairment loss	Discontinued operation	Gain/Loss on disposal of investment in an associate	Dilutive effects of outstanding employees' share options	Fair value gain on derivative financial instruments	Net gain arising from Deferred Consideration	Net gain on dilution of shareholding arising from bond conversions	Other expenses	Loss on discontinuance of cash flow hedge accounting using interest rate swaps	Reversal of impairment losses
2012	1	4421054	313437	2668471	111443	126970	473296	449870	5896	174298	2822	-	-	1929	15246	-	-	-	-	-
2011	4	5063177	387412	3070334	115947	71589	482309	642109	26915	-	9901	-	-	2309	64446	-	-	-	-	308628
2011	3	5143899	345298	3320400	120400	127215	381391	489319	16705	-	25168	-	-	2158	8651	-	-	-	-	-
2011	2	4462807	350831	2726661	107771	213325	338422	524378	48388	-	0	-	-	2525	3237	-	-	-	-	-
2011	1	4889158	444599	2615822	148952	137948	371421	621874	858	-	3863	-	-	2946	2743	-	-	-	-	-
2010	4	4086714	376600	2227253	282204	53415	-	340742	1560	-	0	-	-	249	2361	0	0	301651	145445	-
2010	3	3909209	195666	2424189	180774	154735	-	456809	10693	-	250654	-	-	2175	1529	413601	0	212699	-	-
2010	2	4085070	176777	2101121	151915	116168	-	677181	18725	-	0	-	-	3938	748	-	0	374545	-	-
2010	1	3113744	234582	1785100	109006	90427	-	266990	26716	-	1303766	-	-	-	67132	-	436250	336371	-	-
2009	4	2320097	189605	1372699	73840	77423	-	150655	32599	-	0	-	-	448	-	-	-	397920	-	-
2009	3	2401584	191098	1389749	56724	98009	-	243072	9503	-	126551	-	-	1273	-	-	4893	135467	-	-
2009	2	2102698	181633	1274096	63822	6415	-	174325	30580	-	0	-	-	725	-	-	1381	171545	-	-
2009	1	2069238	183267	1304598	67024	89469	-	170454	8906	-	30425	-	-	827	-	-	-	198726	-	-
2008	4	2390173	190937	1481812	64247	103456	-	179087	8656	-	781502	-	-	0	-	-	0	283658	-	-
2008	3	2368817	151250	1540387	69279	65892	-	108871	23013	-	396340	-	-	212	-	-	13790	245762	-	-
2008	2	2159206	218925	1233920	68509	63862	-	260832	16610	-	-	-	-	1309	-	-	6966	173416	-	-
2008	1	2164312	190263	1281821	67364	140134	-	223507	26028	-	-	-	-	1144	-	-	24387	152491	-	-
2007	4	2249584	147730	1318877	76272	209936	-	246878	32400	-	0	555	0	1536	-	-	43461	230627	-	-
2007	3	2223793	74970	1299342	124853	119432	-	3162	32369	-	937840	12331	337061	92	-	-	137058	121989	-	-
2007	2	1980808	212034	1197798	100536	92208	-	178346	15427	-	-	16505	-	1244	-	-	298080	171812	-	-
2007	1	2029636	227429	1189430	93758	139983	-	145042	20080	-	-	173672	-	1589	-	-	510691	174204	-	-
2006	4	2203308	189183	1256663	90722	434587	-	220789	161274	-	13542	5962	-	2026	-	-	-	193726	-	-

Financial Quarter Segments Revenue

year	qrt	Others	Elimination/Adjustment	Manufacturing	Leisure & Hospitality in Malaysia	Leisure & Hospitality in UK & Others	Plantation	Oil & Gas	Leisure & Hospitality in Singapore	Power	Property	Investment & Others	Leisure & Hospitality	Leisure & Hospitality in United States of America & Others
2012	1	-	-	-	1310500	342000	248400	-	1903300	341700	40600	16200	-	218400
2011	4	-	-	-	1377200	282700	290500	-	1922600	457900	74800	15200	-	642200
2011	3	-	-	-	1386900	315500	315000	-	1977200	523200	38000	21200	-	1194600
2011	2	-	-	-	1327200	197500	340900	-	1748400	438300	29400	18000	-	-
2011	1	-	-	-	1322800	353000	253600	-	2178500	482300	21600	12800	-	-
2010	4	-	-	-	1347200	230900	274900	23200	1848300	322200	27300	12700	-	-
2010	3	-	-	-	1182600	223200	227500	29700	1705500	498300	25900	16500	-	-
2010	2	-	-	-	1202200	249900	202200	35100	2025400	311500	33100	25700	-	-
2010	1	-	-	-	1328600	278600	195600	26000	805000	444200	20100	15600	-	-
2009	4	37079	23317	-	-	-	216838	40412	-	478887	31573	-	1538625	-
2009	3	37407	25147	-	-	-	176378	38249	-	502099	27121	-	1645477	-
2009	2	67601	22370	-	-	-	166245	36146	-	392558	27729	-	1434789	-
2009	1	21727	21727	-	-	-	115917	28555	-	497476	25576	-	1401714	-
2008	4	26245	28025	-	-	-	138201	51039	-	471068	25884	-	1705761	-
2008	3	26242	25942	-	-	-	261420	49145	-	414185	33939	-	1609828	-
2008	2	36428	23537	-	-	-	287410	46863	-	270513	42406	-	1499123	-
2008	1	19662	21861	-	-	-	249493	35691	-	408219	32917	-	1440191	-
2007	4	20428	20735	-	-	-	289854	41313	-	389998	22922	-	1505804	-
2007	3	24360	14795	-	-	-	247872	33741	-	420076	23640	-	1488899	-
2007	2	20316	23256	-	-	-	178993	35599	-	320589	21121	-	1427446	-
2007	1	30552	21881	-	-	-	128982	32217	-	360979	28687	-	1470100	-
2006	4	26533	23639	130247	-	-	154789	37754	-	448851	25099	-	1531534	-

Financial Quarter Segments Profit

year	qrt	Others	Elimination/Adjustment	Manufacturing	Leisure & Hospitality in Malaysia	Leisure & Hospitality in UK & Others	Plantation	Oil & Gas	Leisure & Hospitality in Singapore	Power	Property	Investment & Others	Leisure & Hospitality	Leisure & Hospitality in United States of America & Others
2012	1	-	-	-	586800	34400	98500	14800	930800	125300	20300	15700	-	1300
2011	4	-	-	-	687400	60100	124100	22500	974200	157100	16300	22200	-	17300
2011	3	-	-	-	656800	26800	154200	4200	926600	140800	9600	53100	-	54300
2011	2	-	-	-	647100	4500	192300	15800	862900	123700	5600	17100	-	-
2011	1	-	-	-	663100	76500	136400	24400	1282700	210400	6000	42600	-	-
2010	4	-	-	-	684800	31900	142100	1300	1101500	152600	5100	28300	-	-
2010	3	-	-	-	523400	26800	112700	4000	800800	146900	5400	72500	-	-
2010	2	-	-	-	592300	42000	89300	13100	1187800	113400	8200	17600	-	-
2010	1	-	-	-	681500	45700	97000	4600	261900	133500	8700	30800	-	-
2009	4	569	2673	-	-	-	92819	9609	-	103103	3280	-	376423	-
2009	3	132617	5243	-	-	-	79149	4841	-	83278	4476	-	643186	-
2009	2	6149	6879	-	-	-	69240	4591	-	79456	5122	-	490203	-
2009	1	13408	4711	-	-	-	43824	4785	-	97216	8299	-	486432	-
2008	4	40403	14411	-	-	-	40434	22740	-	20528	3395	-	688011	-
2008	3	23504	47953	-	-	-	130768	15343	-	5690	8539	-	501909	-
2008	2	9375	58464	-	-	-	153669	25381	-	67995	5909	-	558222	-
2008	1	2900	44786	-	-	-	133522	10028	-	140402	8098	-	481178	-
2007	4	15711	26352	-	-	-	152950	17753	-	126659	5383	-	520602	-
2007	3	86608	2239	-	-	-	131249	10129	-	123172	4545	-	565683	-
2007	2	472	1174	-	-	-	88981	10540	-	124456	3865	-	405123	-
2007	1	16450	18342	-	-	-	57853	10598	-	131567	9223	-	527776	-
2006	4	253501	55794	13142	-	-	67364	10802	-	141710	6113	-	581321	-

Financial Quarter Segments Associate

year	qrt	Others	Plantation	Power	Property	Leisure & Hospitality
2012	1	-	-	-	-	-
2011	4	-	-	-	-	-
2011	3	-	-	-	-	-
2011	2	-	-	-	-	-
2011	1	-	-	-	-	-
2010	4	-	-	-	-	-
2010	3	-	-	-	-	-
2010	2	-	-	-	-	-
2010	1	-	-	-	-	-
2009	4	920	1973	138	4	31688
2009	3	827	1243	13133	12	4058
2009	2	270	1717	16742	2	48767
2009	1	741	550	9449	24	328
2008	4	48	369	11123	-	2146
2008	3	134	238	7476	9	15632
2008	2	298	1377	13945	6	996
2008	1	155	2020	22599	18	1236
2007	4	-	1553	24955	52	5840
2007	3	-	638	12454	5	1501
2007	2	114	746	11466	26	3127
2007	1	5	612	19345	101	103353
2006	4	30	981	4869	1	167095

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

CURRENT

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