KLCI Stock - MMCCORP / 2194 - 2012 Quarter 1

MMC CORPORATION BERHAD



Company Description

MMC Corporation Berhad is engaged in investment holding, construction, mining and mineral exploration. The Company operates in four segments: transport and logistics, energy and utilities, engineering and construction, and others. The transport and logistics segment comprises its container port and logistics hub operations, multi-purpose port and logistics operations, toll road operations of the stormwater management and road tunnel (SMART) tunnel motorway. Its energy and utilities segment is engaged in power and water generation, natural gas distribution, water treatment and design engineering services. Engineering and construction segment operations include electrified double tracking railway project, investment holding, power plant construction and infrastructure works. Others division is engaged in the manufacturing and trading of rubber gloves, and the refocusing business. In April 2009, the Company completed the acquisition of Senai Airport Terminal Services Sdn Bhd (SATS).

Company Info

Listing Date	1977-07-12
Market Capital (Capital Size)	8,373,911,018 (Very Large)
Par Value	RM 0.10
Board	Main
Sector	Trading/Services
Major Industry	Energy & Utilities
Sub Industry	Port Services & Facilities
Website	http://www.mmc.com.my

My Analysis

Forecast P/E now	(2.75-0.04)/0.1102 = 24.59 (High)
Target Price	2.64+0.04 = 2.68 (PE 24.0, EPS 0.1102, DPS 0.04)
Decision	Not interested unless stock price below or near to Bolinger lower band
Comment	Revenue decreased 3.6% and was second consecutive quarter decreasing but still higher than preceding year corresponding quarter 7.9%, eps decreased 89% but higher than preceding year corresponding quarter 62.7%, cash generated from operating not enough to cover financing expenses but got borrowings to cover all other expenses, lower gross margin but still high, stronger liquidity ratio from low to moderate level now, higher gearing ratio at very high ratio now, higher debt ratio at very near to historical high, all collection/repayment period is good, higher inventory can indicate more material prepare for construction works
First Support Price	2.65
Second Support Price	2.55
Risk Rating	MODERATE

Research House

OSK Target Price	3.7 (2012-04-09)
HwangDBS Target Price	3.6 (2012-05-31)
Kenanga Target Price	3.11 (2012-05-31)

Accounting Ratio

Return on Equity	4.52%
Dividend Yield	1.45%
Gross Profit Margin	27.65%
Operating Profit Margin	21.17%
Net Profit Margin	7.79%
Tax Rate	36.26%
Asset Turnover	0.2422
Net Asset Value Per Share	2.05
Net Tangible Asset per share	-0.4
Price/Net Tangible Asset Per Share	-6.75
Cash Per Share	2.5
Liquidity Current Ratio	2.1186
Liquidity Quick Ratio	1.9714
Liquidity Cash Ratio	1.4674
Gearing Debt to Equity Ratio	4.8433
Gearing Debt to Asset Ratio	0.7595
Working capital per thousand Ringgit sale	60.2%
Days to sell the inventory	41
Days to collect the receivables	91
Days to pay the payables	104

Technical Analysis

SMA 20	2.655 (Uptrend 6 days)
SMA 50	2.658 (Same)
SMA 100	2.721 (Uptrend)
SMA 200	2.619 (Same)
MACD (26d/12d)	0.009172 ( 0.006986 )
Signal (9)	-0.001917 ( 0.002772 )
MACD Histogram	0.011089 (Bullish trend 6 days)
Bolinger Upper Band	2.745
Bolinger Lower Band	2.565

My notes based on 2012 quarter 1 report (number in '000):-
- Lower profits from the Energy & Utilities segment was mainly due to lower margins (margin per mmBtu of gas sold has decreased by 13.7%) on the new gas tariff imposed on Gas Malaysia Berhad, (effective June 2011) despite higher volume of gas sold

- This was however, offset by lower finance charges despite higher borrowings compared to the previous period. The increase in borrowings corresponds with Malakoff’s issuance of the RM3,290 million Sukuk Murabahah on 16 March 2012

- Estimate next 4Q eps after 2012 Q1 result announced = 9589266*0.035/3045100 = 0.1102, estimate PE on current price 2.75 = 24.59(DPS 0.04)
- Estimate next 4Q eps after 2011 Q4 result announced = 9469965*0.035/3045100 = 0.1088, estimate highest/lowest PE = 24.91/22.98 (DPS 0.04)
- Estimate next 4Q eps after 2011 Q3 result announced = 0.0302*4 = 0.1208, estimate highest/lowest PE = 26.93/19.5 (DPS 0.035)
- Estimate next 4Q eps after 2011 Q2 result announced = (0.0269*3+0.0141)*1.1 = 0.1043, estimate highest/lowest PE = 25.84/20.76 (DPS 0.035)
- Estimate next 4Q eps after 2011 Q1 result announced = 0.1133*1.05 = 0.119, estimate highest/lowest PE = 24.08/18.61 (DPS 0.035)
- Estimate next 4Q eps after 2010 Q4 result announced = 0.1133, estimate highest/lowest PE = 25.99/22.29 (DPS 0.035)
- Estimate next 4Q eps after 2010 Q3 result announced = 0.0676*2*1.1 = 0.1487, estimate highest/lowest PE = 21.45/17.82 (DPS 0.03)
- Estimate next 4Q eps after 2010 Q2 result announced = 0.0402*2*1.1 = 0.0884, estimate highest/lowest PE = 37.56/27.94 (DPS 0.03)
- Estimate next 4Q eps after 2010 Q1 result announced = 0.0777*1.1 = 0.0855, estimate highest/lowest PE = 31.23/25.73 (DPS 0.03)
- Estimate next 4Q eps after 2009 Q4 result announced = 0.0777*1.1 = 0.0855, estimate highest/lowest PE = 29.82/25.38 (DPS 0.03)
- Estimate next 4Q eps after 2009 Q3 result announced = 0.0297*4*0.9 = 0.1069, estimate highest/lowest PE = 23.43/20.63 (DPS 0.025)

MMCCORP latest news (English)

MMCCORP 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	-	0.31%	0.31%	2324335	2324335	181078	181078	29223	29223	0.0096	0.0096	39876824	30287558	3335729	9589266	690878	458328	2726544	4552980	232550	2959094	7512074	3045100	3045100	8221770	2012-03-31	27.65%	21.17%	7.79%	36.26%	0.2422	-	2.05	-0.4	-6.75	2.5	2.1186	1.9714	1.4674	4.8433	0.7595	60.2%	41	91	104
2012-02-29	2011	4	2.97	2.54	0.04	2.54%	3.22%	2411891	9336809	374675	1000284	264566	334485	0.0869	0.1098	36503880	27033915	3249986	9469965	2954606	183257	2255765	4047482	2771349	515584	4563066	3045100	3045100	8343574	2011-12-31	31.21%	25.66%	15.53%	1.21%	0.2598	24.9445	2.04	-0.45	-6.09	1.53	1.4789	1.3442	0.8726	4.3463	0.7406	27.0%	40	90	105
2011-11-30	2011	3	3.06	2.39	-	0.88%	2.09%	2498144	7147967	295215	848658	91975	217073	0.0302	0.0713	36155020	25505343	3905173	10649677	2510685	129917	1872680	4053369	2640602	767922	4821291	3045100	3045100	7704103	2011-09-30	28.58%	23.16%	11.82%	22.91%	0.2559	-	2.21	-0.31	-8.16	1.62	1.5584	1.4225	0.9402	3.7816	0.7054	31.6%	41	91	114
2011-08-23	2011	2	2.73	2.2	-	0.79%	1.20%	2422053	4649823	268239	553443	82057	125098	0.0269	0.0411	35725297	25221396	3859536	10503901	1737757	95509	1767470	4035023	1833266	65796	4100819	3045100	3045100	8160868	2011-06-30	31.68%	24.50%	11.07%	16.87%	0.2516	-	2.18	-0.37	-7.24	1.38	1.4758	1.337	0.8133	3.7959	0.706	27.4%	43	97	119
2011-05-31	2011	1	2.9	2.25	-	0.17%	0.17%	2153420	2153420	210854	210854	18025	18025	0.0059	0.0059	36418012	25983499	3769818	10434513	1374557	19236	476595	4033731	1393793	917198	4950929	3045100	3045100	8495829	2011-03-31	33.38%	25.67%	9.79%	41.27%	0.2437	-	2.19	-0.4	-6.98	1.66	1.2784	1.1692	0.812	3.8987	0.7135	19.6%	42	81	120
2011-02-22	2010	4	2.98	2.56	0.035	1.56%	2.50%	2179981	8563623	45625	554486	152169	243861	0.0500	0.0801	36018441	25615213	3808956	10403228	2127715	189236	2720661	4442800	2316951	403710	4039090	3045100	3045100	8556731	2010-12-31	30.72%	13.81%	2.09%	-	0.244	35.0886	2.17	-0.45	-6.24	1.36	1.2937	1.19	0.7345	3.8845	0.7112	18.9%	37	93	101
2010-11-24	2010	3	3.22	2.68	-	1.21%	2.46%	2233093	6608662	348227	733881	117828	240338	0.0387	0.0789	37101723	26741301	3707099	10360422	1563633	18454	1557493	4442502	1582087	24594	4467096	3045100	3045100	8617633	2010-09-30	35.63%	27.51%	15.59%	29.53%	0.2374	-	2.18	-0.47	-6.02	1.55	1.2976	1.1841	0.7755	4.0192	0.7208	20.6%	44	94	128
2010-08-24	2010	2	3.35	2.5	-	0.91%	1.26%	2307945	4375569	176785	385654	89281	122510	0.0293	0.0402	36795073	26335194	3704113	10459879	981038	69958	1396463	4456352	911080	485383	3970969	3045100	3045100	7734554	2010-06-30	35.94%	26.41%	7.66%	-	0.2376	-	2.22	-0.47	-5.4	1.41	1.2117	1.1036	0.6968	3.8982	0.7157	14.9%	43	95	129
2010-05-25	2010	1	2.7	2.23	-	0.34%	0.34%	2067624	2067624	208869	208869	33229	33229	0.0109	0.0109	37440580	26975536	3690871	10465044	527432	107529	551809	4457855	634961	83152	4541007	3045100	3045100	6790573	2010-03-31	35.65%	26.03%	10.10%	39.45%	0.2297	-	2.22	-0.39	-5.72	1.61	1.6023	1.4629	1.0018	3.9821	0.7205	34.3%	45	87	149
2010-02-24	2009	4	2.58	2.2	0.03	1.15%	2.53%	2198352	8444321	104709	685755	107775	236711	0.0354	0.0777	37085987	27326786	3460519	9759201	2817305	1560092	529962	3747106	1257213	727251	4474357	3045100	3045100	7460495	2009-12-31	33.78%	20.50%	4.76%	-	0.2277	31.5173	2.07	-0.68	-3.6	1.5	1.5211	1.3866	0.9594	4.3385	0.7368	29.3%	43	79	141
2009-11-24	2009	3	2.53	2.23	-	0.97%	1.38%	2167473	6245969	236397	581046	90534	128936	0.0297	0.0423	38134346	28453798	3486246	9680548	2391259	2070193	414511	3756873	321066	735577	4492450	3045100	3045100	7612750	2009-09-30	35.29%	27.29%	10.91%	19.06%	0.2277	-	2.03	-0.64	-3.91	1.51	1.8557	1.7068	1.1278	4.5935	0.7461	40.1%	38	90	145
2009-08-18	2009	2	2.67	2.25	-	0.06%	0.39%	2165996	4078496	183259	341851	5851	36643	0.0019	0.0120	37678518	28238638	3392277	9439880	1487776	2090815	772772	3756288	603039	169733	3926021	3045100	3045100	7551848	2009-06-30	37.70%	27.86%	8.46%	18.50%	0.2334	-	1.99	-0.72	-3.44	1.32	1.6664	1.5113	0.9692	4.6694	0.7495	31.4%	40	86	129
2009-05-28	2009	1	2.77	1.77	-	0.33%	0.33%	1912500	1912500	159475	159475	31284	31284	0.0103	0.0103	34996614	25702480	3226553	9294134	481400	127454	184293	3754648	353946	169653	3924301	3045100	3045100	5877043	2009-03-31	34.97%	28.58%	8.34%	28.77%	0.2463	-	1.99	-0.73	-2.64	1.32	1.8028	1.6214	0.9801	4.236	0.7344	38.2%	47	106	124
2009-02-25	2008	4	2.03	1.34	0.025	1.75%	6.31%	2438473	8545033	143355	1041069	153798	552889	0.0505	0.1816	34449463	25088726	3221439	9360737	2884413	1114195	1302145	3278365	1770218	468073	3746438	3045100	3045100	4293591	2008-12-31	26.65%	13.79%	5.88%	-	0.248	7.7657	2.02	-0.75	-1.88	1.26	1.6121	1.454	0.8976	4.0866	0.7283	30.5%	43	95	123
2008-11-26	2008	3	1.56	0.95	-	1.32%	4.55%	2277728	6106560	251953	897714	116098	399091	0.0381	0.1311	33976444	24895715	3068415	9080729	2331609	546966	1176361	3277585	1784643	608282	3885867	3045100	3045100	4202238	2008-09-30	34.38%	23.28%	11.06%	23.70%	0.2341	-	1.97	-0.81	-1.7	1.31	1.8011	1.6442	1.0356	4.1408	0.7327	38.7%	44	107	141
2008-08-27	2008	2	2.26	1.35	-	1.44%	3.23%	1992602	3828832	306253	645761	125922	282993	0.0414	0.0929	33291509	24341584	3033950	8949925	1797051	435664	1037882	3277752	1361387	323505	3601257	3045100	3045100	6090200	2008-06-30	35.92%	29.68%	15.37%	22.59%	0.223	-	1.94	-0.87	-2.3	1.21	1.967	1.7979	1.1272	4.1146	0.7312	42.7%	45	108	129
2008-05-22	2008	1	3.72	1.76	-	1.79%	1.79%	1836230	1836230	339508	339508	157071	157071	0.0516	0.0516	33047220	24028003	3004049	9019217	1036579	53812	624246	3277813	982767	358521	3636334	3045100	3045100	11023262	2008-03-31	39.58%	33.53%	18.49%	22.33%	0.2058	-	1.98	-0.88	-4.11	1.22	1.9632	1.8216	1.1929	3.9946	0.7271	44.3%	39	106	133
2008-02-27	2007	4	3.86	2.69	0.05	4.08%	12.01%	1845890	5722033	350167	1018042	187273	551522	0.0615	0.1811	32955645	24192136	2905543	8763509	1627134	5132278	6131746	651080	3505144	2626602	3277682	3045100	3045100	11449576	2007-12-31	38.54%	36.73%	18.97%	17.28%	0.1736	20.76	1.92	-0.95	-3.96	1.11	1.955	1.7755	1.1458	4.1298	0.7341	49.1%	54	111	123
2007-11-30	2007	3	9.85	3.6	-	2.40%	7.93%	1750404	3876143	258629	667875	110390	364249	0.0363	0.1196	31683170	24383998	1949223	7299172	1440000	5253266	6535475	650773	3813266	2722209	3372982	3045100	3045100	26340115	2007-09-30	42.40%	33.52%	14.78%	21.03%	0.1473	-	1.76	-0.97	-8.92	1.13	2.0762	1.9305	1.2047	4.5578	0.7696	66.0%	52	163	200
2007-08-27	2007	2	8.9	7.9	-	3.53%	5.53%	1367061	2125739	271579	409246	161941	253859	0.0532	0.0834	31055806	24037094	1870783	7018712	503302	5150355	7014998	650877	4647053	2367945	3018822	3045100	3045100	23751780	2007-06-30	35.12%	27.29%	19.87%	14.22%	0.0939	-	1.69	-1.06	-7.36	1.02	2.0555	1.8734	1.1937	4.6693	0.774	94.0%	90	221	223
2007-05-23	2007	1	N/A	N/A	-	2.00%	2.00%	758678	758678	137667	137667	91918	91918	0.0302	0.0302	10081389	5354908	488894	4726481	130938	41221	105145	651066	89717	15428	635638	3045100	3045100	18270600	2007-03-31	32.39%	20.78%	18.15%	2.53%	0.1538	-	1.39	0.83	7.23	0.24	1.2398	1.2118	0.6217	1.2637	0.5312	18.3%	12	165	226
2007-02-27	2006	4	N/A	N/A	0.09	N/A	N/A	791376	2839060	124262	581340	81418	390024	0.0535	0.2562	9997404	5406991	444730	4590413	719995	1011522	508979	433628	291527	217452	651080	1522500	1522500	6150900	2006-12-31	33.93%	20.75%	15.70%	-	0.0792	15.7706	2.72	1.59	2.54	0.49	1.1374	1.1103	0.6105	1.3042	0.5408	21.4%	23	284	459

Financial Quarter Balance Sheet

year	qrt	Available-for-sale financial assets (A-0)	Deferred expenditures (A-0)	Deferred tax assets (A-0)	Intangible assets (A-0)	Investment in associated companies (A-0)	Investment in jointly controlled entity (A-0)	Investment properties (A-0)	Other assets (A-0)	Prepaid lease payments (A-0)	Property development costs (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)	Current tax assets (A-1)	Inventories (A-1)	Trade receivables (A-1)	Deferred income (L-0)	Deferred tax liabilities (L-0)	Landlease received in advance (L-0)	Loans & borrowings (L-0)	Long term payables (L-0)	Provision for retirement benefits (L-0)	Redeemable convertible preference shares (L-0)	Redeemable convertible subordinated loans (L-0)	Current tax liabilities (L-1)	Loans & borrowings (L-1)	Redeemable convertible unsecured loan stocks (L-1)	Trade and other payables (L-1)	Minority interest (M-1)
2012	1	8297	-	1204842	7475537	1274083	250241	32183	3212	18734	2160619	16445020	5518	90609	7530765	-	203436	764952	2408776	2311473	3545187	158387	18850131	28844	57933	141684	-	59322	3195663	-	1938934	3335729
2011	4	8573	-	1188910	7577842	1362996	246249	32329	3307	18835	2128408	16029865	5518	85588	4579556	-	188040	719906	2327958	2245572	3532379	158433	15533549	18303	58713	140620	-	31705	3443415	-	1871226	3249986
2011	3	8021	-	657879	7675169	1218776	222912	30236	3663	18936	1977558	16171485	5518	78520	4850927	257	214676	712449	2308038	119776	3557301	160459	16200726	28868	55767	139573	-	24791	3205844	18100	1994138	3905173
2011	2	9748	-	657429	7776763	1076655	245106	30374	3837	19036	1948402	16311609	5518	85867	4127768	257	317505	719237	2390186	99559	3543620	163195	16012135	28938	54352	138526	-	52546	3137437	26348	1964740	3859536
2011	1	8429	-	660643	7878359	1133714	244601	30672	4132	19136	1940486	16521187	5518	85867	4980637	-	264403	681346	1958882	108189	3526860	159529	15731596	29006	51213	137491	-	43832	4249266	26254	1920263	3769818
2010	4	8412	17133	670503	7972682	1163040	219281	30778	4214	-	1917196	16715156	5518	81868	4062543	103	337014	585289	2227711	99439	3511746	162264	15984276	24654	53748	136467	-	40409	3982139	26051	1594020	3808956
2010	3	8048	17233	660746	8073302	1372251	196728	30989	4233	-	1884278	16942718	7518	240578	4487720	-	225157	691843	2258381	31585	3596350	167196	16631072	30840	50769	136692	-	43853	4025946	26386	2000612	3707099
2010	2	6902	17333	593900	8173923	1414482	200073	31092	4559	930693	1877142	16101486	7518	290429	3989626	-	214460	664359	2277096	37271	3495512	167078	16248187	87456	50022	106792	-	66762	4042344	26190	2007580	3704113
2010	1	8070	17433	541099	7970303	1495131	180697	31193	4928	1129719	2053644	16165280	7518	341879	4561678	541	214811	682448	2034208	44678	3632935	190376	18030255	26967	48557	106792	-	52206	2554418	26367	2261985	3690871
2009	4	-	17533	542011	8375604	1615285	265911	31319	6792	-	1940028	17070783	7518	61237	4492832	541	206914	638416	1813263	56739	3537840	171851	18359545	133326	48063	114051	158355	45952	2559153	36930	2104981	3460519
2009	3	-	-	458263	8151095	1914673	-	32116	7291	1137872	2049517	16832676	7518	61237	4527694	-	215413	605747	2133234	-	3646880	192206	20120572	106552	46174	114051	158355	41386	1690808	39315	2297499	3486246
2009	2	-	-	442096	8249498	1975429	-	32240	7511	1212591	2037895	16812168	7518	61237	3957179	-	184437	643351	2055368	-	3634993	194958	19834356	108114	47778	114051	158355	42598	1984369	39110	2079956	3392277
2009	1	-	-	435559	8282866	2149182	-	32374	8098	648140	40648	16011432	13780	61237	3955431	-	132428	743586	2481853	-	3080779	198327	18008207	-	44531	114051	158355	41620	2040583	38892	1977135	3226553
2008	4	-	-	417315	8415862	2317368	-	32492	8244	650759	40648	15692290	13780	61237	3766281	-	140783	674426	2217978	-	3106555	198204	17202997	-	44327	114051	158355	37198	2278454	38419	1910166	3221439
2008	3	-	-	308435	8487676	2119724	-	31690	-	666801	-	15442613	15780	61206	3917123	-	-	603085	2322311	-	3155636	194505	17385481	-	45947	114051	158355	28374	1876062	-	1937304	3068415
2008	2	-	-	266411	8579106	2090041	-	31770	-	669517	-	15209089	15780	61206	3632391	-	-	554243	2181955	-	3148075	195927	17403620	-	44704	114051	158355	71655	1606251	-	1598946	3033950
2008	1	-	-	265684	8684221	2139881	-	31895	-	670776	-	15117168	15780	61206	3668198	-	-	442553	1949858	-	3140477	197350	17248503	-	42921	114051	158355	14981	1607647	-	1503718	3004049
2007	4	-	-	269171	8762035	2120229	-	32429	9752	661203	-	15347573	15780	61206	3310774	192	119402	528296	1717603	47808	3103946	198649	17584639	-	41889	114051	158355	26830	1718843	-	1197126	2905543
2007	3	-	-	7259	8308203	1220148	-	32553	-	676734	-	15491914	15780	61206	3389154	-	-	417235	2062984	48025	2772639	202644	18183764	-	40492	114051	158355	4423	1250382	-	1609223	1949223
2007	2	-	-	26175	8383411	1133325	-	32678	-	668552	-	15472791	15780	61206	3039270	-	-	472796	1749822	48241	2733418	205336	18162020	-	38288	94046	158355	5556	1418328	-	1173506	1870783
2007	1	-	-	6988	1722673	1611726	-	32808	-	558729	-	4679807	15780	85276	651176	-	-	33162	683264	48454	294318	208255	3351762	-	15114	94046	158355	4739	539323	-	640542	488894
2006	4	-	-	6603	1723248	1604866	-	32953	-	565654	-	4663574	15780	85276	666415	-	-	33322	599713	48666	303978	178483	3376994	-	15128	94046	158355	6195	567645	-	657501	444730

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	Selling and distribution costs	Investment gain/loss	Zakat	Other expenses
2012	1	2324335	65659	1681759	337419	90789	179699	86196	26326	168	-	-	61327
2011	4	2411891	4525	1659054	341168	120612	168514	105584	98863	2808	88	2047	83188
2011	3	2498144	67634	1784122	335981	62611	153096	135606	52569	5472	0	-	39438
2011	2	2422053	45252	1654630	340688	53343	178211	140930	8915	249	6621	-	48915
2011	1	2153420	87025	1434630	341122	60836	149670	105804	861	185	-	-	76934
2010	4	2179981	140349	1510215	411567	85453	139251	33805	23774	132	133597	1236	314779
2010	3	2233093	102840	1437447	335359	45785	166422	127559	21588	137	47598	-	60472
2010	2	2307945	11545	1478484	361608	41282	188222	99049	69345	297	1760	-	72726
2010	1	2067624	82403	1330589	346802	51585	192560	93237	28358	132	45919	-	57818
2009	4	2198352	65926	1455729	349657	120265	171565	62860	3685	112	0	-	-
2009	3	2167473	45056	1402494	355725	706	172654	100807	660	157	0	-	-
2009	2	2165996	33904	1349417	340401	1222	211946	143504	79701	67	17	-	-
2009	1	1912500	45881	1243774	352724	13807	108356	82310	34626	1	263	-	-
2008	4	2438473	80713	1788633	345487	177754	135793	70270	57524	107	95132	-	-
2008	3	2277728	59709	1494716	346201	30727	221775	76146	67829	185	-	-	-
2008	2	1992602	69178	1276805	342499	15665	108503	111153	57286	163	0	-	-
2008	1	1836230	75829	1109379	346342	3910	114942	106608	32694	175	37512	-	-
2007	4	1845890	60503	1134548	353709	55518	88095	102391	10532	856	15435	-	-
2007	3	1750404	54386	1008225	332825	63921	218650	93853	4705	701	-	-	-
2007	2	1367061	38628	886989	231260	22976	129316	71010	44232	678	85553	-	-
2007	1	758678	3482	512952	51388	1354	88926	42267	31414	513	-	-	-
2006	4	791376	44331	522868	53221	11272	92204	87175	13256	805	0	-	-

Financial Quarter Segments Revenue

year	qrt	Engineering & Construction	Utilities	Energy	Energy & Utilities	Transport & Logistics	Corporate & Others	Gas
2012	1	-	31000	1386000	-	359000	10000	538000
2011	4	-	-	-	1820000	366000	3000	-
2011	3	2000	-	-	2144000	355000	1000	-
2011	2	6000	-	-	2073000	355000	-	-
2011	1	9000	-	-	1885000	333000	1000	-
2010	4	1000	-	-	1916000	337000	1000	-
2010	3	1000	-	-	1908000	323000	1000	-
2010	2	1000	-	-	1887000	417000	3000	-
2010	1	-	-	-	1762000	306000	-	-
2009	4	5000	-	-	1870000	317000	6000	-
2009	3	1000	-	-	1850000	316000	1000	-
2009	2	4000	-	-	1867000	300000	5000	-
2009	1	6000	-	-	1633000	270000	1000	-
2008	4	7000	-	-	2127000	281000	23000	-
2008	3	7000	-	-	1949000	312000	10000	-
2008	2	14000	-	-	1650000	312000	17000	-
2008	1	12000	-	-	1522000	292000	10000	-
2007	4	12000	-	-	1506000	312000	15000	-
2007	3	11000	-	-	1439000	292000	8000	-
2007	2	61000	-	-	980000	317000	9000	-
2007	1	93000	-	-	373000	287000	6000	-
2006	4	78012	-	-	405592	290887	16825	-

Financial Quarter Segments Profit

year	qrt	Engineering & Construction	Utilities	Energy	Energy & Utilities	Transport & Logistics	Corporate & Others	Gas
2012	1	1000	12000	586000	-	156000	9000	56000
2011	4	56000	-	-	554000	138000	9000	-
2011	3	14000	-	-	763000	156000	4000	-
2011	2	9000	-	-	759000	177000	36000	-
2011	1	25000	-	-	788000	173000	15000	-
2010	4	6000	-	-	573000	139000	124000	-
2010	3	5000	-	-	788000	152000	32000	-
2010	2	36000	-	-	742000	145000	17000	-
2010	1	31000	-	-	737000	147000	9000	-
2009	4	11000	-	-	575000	139000	13000	-
2009	3	28000	-	-	729000	135000	10000	-
2009	2	72000	-	-	1052000	182000	37000	-
2009	1	1000	-	-	443000	61000	8000	-
2008	4	6000	-	-	276000	57000	21000	-
2008	3	25000	-	-	378000	85000	2000	-
2008	2	22000	-	-	485000	102000	16000	-
2008	1	4000	-	-	481000	98000	1000	-
2007	4	7000	-	-	508000	103000	29000	-
2007	3	1000	-	-	427000	105000	16000	-
2007	2	3000	-	-	231000	120000	8000	-
2007	1	5000	-	-	62000	90000	5000	-
2006	4	10849	-	-	89653	95728	21689	-

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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●CHANGES IN SHAREHOLDING
●ANNUAL REPORTS

HISTORICAL

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ARCHIVES

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