Sponsor by Innity

Sponsor by cwyeoh

Sponsor by Nuffnang

Monday, June 11, 2012

KLCI Stock - PPB / 4065 - 2012 Quarter 1

PPB GROUP BERHAD



Company Description
PPB Group Berhad is engaged in sugar cane cultivation and investment holding. It operates in eight segments: Grains trading, flour and feed milling, which is engaged in wheat and maize trading, flour milling and manufacturing of animal feed; Film exhibition and distribution, which is engaged in the exhibition and distribution of cinematograph films; Environmental engineering, waste management and utilities; Chemicals trading and manufacturing; Property investment and development, which is engaged in letting of commercial properties and development of residential and commercial properties; Livestock farming, which is engaged in the production of day-old chicks, eggs and other related downstream activities; Other operations, which is engaged in consumer products, packaging, oil palm plantations, investment holding, engineering contracts, shipping and others, and Sugar refining, trading and cane plantation, which is engaged in sugar cane cultivation, refining of sugar and trading. The Company’s operations are spread over Malaysia, China, Vietnam, Myanmar, Thailand, Singapore and Indonesia. In October 2007, the Company disposed of its 55% equity interest in Ampang Leisuremall Sdn Bhd (ALSB). ALSB bas ceased to be a subsidiary of the Company. In April 2008, the Company's 75% indirect subsidiary, FFM Feedmills (Sarawak) Sdn Bhd, has disposed of its interest in two subsidiaries, Sri Aman Feedmills Sdn Bhd and Arising from the Disposal, Sri Aman Feedmills has ceased to be an indirect subsidiary of PPB Group Berhad.

Company Info 
Listing Date1972-03-30
Market Capital (Capital Size)18,991,708,109 (Very Large)
Par ValueRM 1.00
BoardMain
SectorConsumer Products
Major IndustryGrains Trading, Flour & Feed Milling
Sub IndustryDiversified Business
Websitehttp://www.ppbgroup.com/

My Analysis 
Forecast P/E now(16.02-0.23)/0.7536 = 20.95 (Moderate)
Target Price16.58+0.23 = 16.81 (PE 22.0, EPS 0.7536, DPS 0.23)
DecisionNot interested unless stock price got strong rebound whenever below SMA20 or wait until SMA20 move back to uptrend
Comment
Revenue decreased 6.3% but higher than preceding year corresponding quarter 20.2%, eps decreased 14.7% and was third consecutive quarter decreasing and also lower than preceding year corresponding quarter 32.7%, cash generated from operating not enough to cover financing expenses hence spent 8.5% of Group cash to cover all other expenses, operating margin still low, stronger liquidity ratio at strong level now, lower gearing and debt ratio at very low level now, all repayment period is good, lower inventory can indicate weakening demand of Group products, property development cost still high can indicate the on-going prospect still good, contribution from associate other segment was decreasing
First Support Price15.8
Second Support Price15.0
Risk RatingMODERATE

Research House
Wilson & York Target Price20.38 (2012-02-29)
AMMB Target Price17.25 (2012-05-25)
HwangDBS Target Price12.9 (2012-05-25)

Accounting Ratio 
Return on Equity6.53%
Dividend Yield1.44%
Gross Profit Margin0.00%
Operating Profit Margin8.56%
Net Profit Margin28.65%
Tax Rate6.75%
Asset Turnover0.1895
Net Asset Value Per Share11.73
Net Tangible Asset per share11.67
Price/Net Tangible Asset Per Share1.35
Cash Per Share0.87
Liquidity Current Ratio5.3399
Liquidity Quick Ratio4.1884
Liquidity Cash Ratio2.7123
Gearing Debt to Equity Ratio0.0367
Gearing Debt to Asset Ratio0.0342
Working capital per thousand Ringgit sale58.6%
Days to sell the inventory62
Days to collect the receivables70
Days to pay the payables38

Technical Analysis 
SMA 2015.83 (Downtrend 6 days)
SMA 5016.243 (Downtrend)
SMA 10016.585 (Downtrend)
SMA 20016.522 (Downtrend)
MACD (26d/12d)-0.053514 ( 0.007544 )
Signal (9)-0.090522 ( 0.009252 )
MACD Histogram0.037008 (Bullish trend 9 days)
Bolinger Upper Band16.991
Bolinger Lower Band14.669

My notes based on 2012 quarter 1 report (number in '000):-
- Higher revenue and pbt from grains trading, flour and feed milling segment than FY11Q1 due to higher grains trading volume and higher flour sales

- Higher revenue from marketing, distribution and manufacturing of consumer products segment mainly due to increased sales but lower pbt than FY11Q1 mainly caused by higher promotional expenses incurred

- Higher revenue from film exhibition and distribution segment than FY11Q1 mainly due to improved cinema collections from higher average ticket prices but lower pbt mainly due to lower profit contribution from film distribution arising from weaker Chinese New Year titles and fewer major movies released

- Higher revenue and pbt from property investment and development segment mainly due to property sales from the newly launched bungalows in Bukit Segar, Kuala Lumpur and sale of semi-detached houses in Taman Tanah Aman, Seberang Prai Tengah

- Lower revenue from chemicals trading and manufacturing segment due to lower contract orders

- Lower revenue and loss from livestock farming segment mainly due to depressed selling prices

- Higher pbt from investments in equities segment due to a fair value gain in investment in an equity

- Wilmar contributed lower profits than FY11Q1 due mainly to lower oilseeds and grains margins

- Estimate next 4Q eps after 2012 Q1 result announced = 14409982*0.062/1185500 = 0.7536, estimate PE on current price 16.02 = 20.95(DPS 0.23)
- Estimate next 4Q eps after 2011 Q4 result announced = 14565126*0.062/1185500 = 0.7617, estimate highest/lowest PE = 22.38/19.65 (DPS 0.23)
- Estimate next 4Q eps after 2011 Q3 result announced = 0.1935*4 = 0.774, estimate highest/lowest PE = 23/20.28 (DPS 0.18)
- Estimate next 4Q eps after 2011 Q2 result announced = 0.2332*4*0.95 = 0.8862, estimate highest/lowest PE = 19.27/16.79 (DPS 0.28)
- Estimate next 4Q eps after 2011 Q1 result announced = 0.2237*4*0.95 = 0.8501, estimate highest/lowest PE = 20.88/18.88 (DPS 0.25)
- Estimate next 4Q eps after 2010 Q3 result announced = 0.2429*4*1.05 = 1.0202, estimate highest/lowest PE = 18.25/15.57 (DPS 0.18)
- Estimate next 4Q eps after 2010 Q2 result announced = 0.268*4*1.1 = 1.1792, estimate highest/lowest PE = 14.73/12.56 (DPS 0.23)
- Estimate next 4Q eps after 2010 Q1 result announced = 1.2268+0.0127 = 1.2395 (adjustment from 0.242-0.2293, 0.242 represent eps excluded disposal of assets), estimate highest/lowest PE = 13.61/11.54 (DPS 0.73)
- Estimate next 4Q eps after 2009 Q4 result announced = 1.2268 (10% drop from 1.3631), estimate highest/lowest PE = 14.4/12.48 (DPS 0.73)
- Estimate next 4Q eps after 2009 Q3 result announced = 1.2357, estimate highest/lowest PE = 13.15/11.79 (DPS 0.73)
- Estimate next 4Q eps after 2009 Q2 result announced = 1.2152, estimate highest/lowest PE = 13.13/12.22 (DPS 0.23)
- Estimate next 4Q eps after 2009 Q1 result announced = 1.0309, estimate highest/lowest PE = 14.7/9.96 (DPS 0.23)

Click to view latest wheat price

PPB latest news (English)

PPB latest news (Chinese)

Wheat price chart



Financial Quarter Summary
a_dateyearqrth_pricel_pricedivroec_roerevc_revpbtc_pbtprofc_profepsc_epsassetliabminoequicfocficffcashfcfnetfinalsharec_sharem_capdategros_moper_mprof_mvatasset_tpenavpsntapsp/ntapscpsl_curl_quil_cashg_deg_daavg_winv_drec_dpay_d
2012-05-2420121N/AN/A-1.23%1.23%6969556969551996541996541785041785040.15060.150614920099510117500109144099827746674977982751130885248995786103509911855001185500186123502012-03-31-8.56%28.65%6.75%0.1895-11.7311.671.350.875.33994.18842.71230.03670.034258.6%627038
2012-02-292011417.2815.20.131.55%7.27%744197271053922605310565802093039803720.17660.82701519915663403050351514565126162102449816900292321340708209710113292311855001185500203906002011-12-31-5.80%30.38%6.08%0.178320.798811.8611.81.460.964.27463.22492.22680.04510.041761.5%796543
2011-11-222011317.9815.88-1.70%5.72%71026319663422523828305272294057710690.19350.6504150621296512504310081441087957557546531628459246842904159941108462511855001185500190865502011-09-30-9.55%35.53%5.00%0.1714-11.7911.731.370.923.95542.94981.97690.04660.043262.9%886651
2011-08-232011217.3615.160.12.05%4.02%67624212560792946505781452764335416640.23320.456914414835458021428215139568144691164401343989208744047193927101480111855001185500203906002011-06-30-10.61%43.57%2.47%0.1696-11.4111.351.520.865.66774.32472.9150.03390.031866.5%807050
2011-05-242011118.016.3-1.97%1.97%5798375798372834952834952652312652310.22370.223714379204426958416615139522465464548550355602921053103195252407117346011855001185500206277002011-03-31-10.42%48.89%3.68%0.1634-11.4211.351.530.996.36784.95043.65420.03150.029773.4%846246
2011-02-282010417.7216.360.181.07%13.21%6147802274036177485196177115267218837630.12881.5890139354664545801852841348088632936815141281643984723959184349619951292347111855001185500195607502010-12-31-15.18%28.87%9.57%0.163210.383911.2211.151.480.784.87963.81922.67130.03420.032659.0%706149
2010-11-222010318.816.06-2.02%12.14%5745311659256317086178428628799117310910.24291.4602137142014596671783171325453422980915417851629345724434177159414224986668311855001185500222874002010-09-30-16.16%55.19%7.51%0.1576-11.0310.971.710.734.7543.62372.50870.03520.033560.1%776247
2010-08-252010219.5816.70.72.23%10.12%5810921084725326164146720031774614431000.26801.2173147536634315461752391432211715672113807407913267282141537461746135147434911855001185500200349502010-06-30-20.09%56.13%2.17%0.1705-11.9311.871.421.247.99666.60595.29210.03050.029377.6%675137
2010-05-242010117.615.04-7.89%7.89%50363350363311410361141036112535411253540.94930.949314766340444314174729143220261488711889495771947284271174062596868132529511855001185500192051002010-03-31-10.26%226.56%1.15%0.1875-11.9311.871.361.127.44876.08894.46260.03140.030169.2%625934
2010-03-022009418.416.040.182.84%13.04%5015662005429372634167522135152516159640.29651.3631150669608076011728171425935947285919850542857648822267136424278873101011855001185500191576802009-12-31-8.64%74.29%5.12%0.183211.855311.8811.821.370.53.51522.86770.90170.05730.053659.5%644752
2009-11-202009316.9815.260.54.80%10.20%9290152535472644347135824859507212644390.50201.066614799442702096173539140973462677911542883676614884664220795441854288411855001185500186123502009-09-30-20.91%69.36%7.05%0.1928-11.7511.681.340.463.44142.1241.05390.05040.047444.1%976540
2009-08-212009216.1815.080.053.21%5.40%83395216064574330897139013975326693670.33530.564614245606617990168752136276161386831128193494024891542515029790039125411855001185500181381502009-06-30-12.73%51.93%6.46%0.2038-11.3511.291.360.333.50451.94140.88980.04590.043438.2%965638
2009-05-192009115.3810.5-2.19%2.19%4952284952282769352769352718352718350.22930.2293144447616825441610901376221744898380843899449159768143218045941711855001185500130405002009-03-31-2.07%55.92%1.99%0.2015-11.4711.410.960.392.96791.68630.85950.05020.047336.2%955335
2009-02-272008411.79.450.183.14%11.12%5948502488566359105135636536328012865090.30641.085213216245823366160088123928792421603117748569070137527333721235348902211855001185500114993502008-12-31-3.94%60.37%-0.2448.938410.3210.250.950.412.52631.39590.71910.06730.062332.3%995045
2008-11-272008310.08.2-1.79%7.98%978962262968625899910341122070079232280.17460.778812693432729091165899119643411751421718453053170168815795837257332911511855001185500101360252008-09-30-19.33%26.46%18.35%0.2711-9.959.890.860.282.64471.4720.5570.06180.057428.3%865633
2008-08-26200829.46.850.052.88%6.19%84183616507243581447751133331237162210.28100.604212098679567110158962115315691881103254058979869828722065036914832913911855001185500104324002008-06-30-10.55%42.54%6.11%0.2663-9.599.530.920.283.05631.90380.74340.04990.046928.3%655632
2008-05-292008111.68.65-3.31%3.31%8088888088884169694169693830983830980.32320.3232122742234468831468191182734011446731500202466973808296710321380059311855001185500130405002008-03-31-16.48%51.55%7.83%0.2533-9.859.791.120.685.23523.72662.26250.03830.036448.3%715938
2008-02-292007411.39.050.252.16%126.06%8108852989442121998707812311955169729650.10085.88191198404541699213728811567053179496322425907937515471429295213669941111855001185500128034002007-12-31-8.68%15.05%12.21%0.24951.83619.649.581.130.595.26693.68422.13830.03650.034846.8%706038
2007-11-292007312.29.85-3.95%124.75%7604252178557238077700291621851269002050.18435.820511858927405529158781114533987568131088911560674785923520811960262825711855001185500122106502007-09-30-10.25%31.31%7.16%0.2403-9.539.461.090.545.40233.82261.98770.03590.034249.3%716734
2007-08-242007210.49.350.05117.75%120.80%729364141813265449986764839651326066816935.49415.636211709454396338155476113131169721619462014915374829097404517498000391185500118550081206752007-06-30-8.86%897.36%0.32%0.1784-9.419.350.730.685.68534.30352.5480.03550.033870.6%838547
2007-05-3020071N/AN/A-3.05%3.05%6887686887682198412198411684331684330.14210.142176191891934510868654568467969055130668247801747990616131861889341781185500118550075872002007-03-31-9.36%31.92%10.24%0.1785-4.064.01.60.753.04922.81650.48020.40170.2539279.1%12713161
2007-02-2720064N/AN/A0.15N/AN/A67121325905262021017596911531665606650.12920.47297288922175759788664155313252908592222934955273196768566190147509811185500118550064609752006-12-31-8.13%30.11%8.73%0.092111.52383.923.891.40.642.64921.74850.68050.37840.2411275.4%598646427

Financial Quarter Balance Sheet
yearqrtBiological assets (A-0)Deferred tax assets (A-0)Financial assets at fair value through profit and loss (A-0)Goodwill on consolidation (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)Other investments (A-0)Prepaid lease payments (A-0)Property, plant and equipment (A-0)Biological assets (A-1)Cash and cash equivalents (A-1)Current asset classified as held for sales (A-1)Derivative financial assets (A-1)Intangible assets (A-1)Inventories (A-1)Other receivables (A-1)Property development costs (A-1)Deferred tax liabilities (L-0)Loans & borrowings (L-0)Current tax liabilities (L-1)Derivative financial liabilities (L-1)Liabilities directly associated with assets classified as held for sale (L-1)Loans & borrowings (L-1)Other payables (L-1)Minority interest (M-1)
2012125906391-746171286108010335147521502112017702667-1012847158221036278900927381105938206554114642038793824867522696380-109031264380500109
2011426007557-746171398110405545166921469511870598567-1017844168601134522940626961201347415948439343736798004475340824264-213150287981503515
2011326372324-746171423108555744899921053711806665806-101639116215108557890094585811104496214468251397867261929501582236541-223374283393431008
2011226762602-746171404102822494634621181511766814540-991660157481015874900946167905413101469721391866688942637928730444-46483262281428215
2011127103358-746171387100834554766021299411763922589-97187014359117457790096317328405373399661358637010835419118893851-59965245726416615
2010427434366-746171503100002724729021264911484936126-957177145259236829721271672331673838019435385696373916714546467-75093255670185284
2010327854772-72445143999218362559120483011494887413-93781314726867449900922373183428193689763326372004418921755380-86822241316178317
2010228165343-72444177410453164278562055629831806599-938147148551475882900962566463408313501213215871418812441243280-54533211839175239
2010128515561-724441856104171862848617369511304887882-952526147611325561249802535649335733444908631799710227625312681681-60381223296174729
2009428895479-724441969106284302951817420911268886440-958075143205890039254231936334377835352338307937155282813678521226624937654342336172817
20093288468801324273086208010679195467611688567205860238131688103325728451543313900928813639960718750737743521744461121474848426332-184939255748173539
2009229203488649873086209710473415470961684337147782168131294997839267813935619009314165126242424464984038173652102017224102937-150627266347168752
2009129223310332073086227010739667485091683086504700607131708974538231514604559009103766326250124262903842673709730978647270-270224256597161090
2008429433315-7308625199699666458491684366459398111132292957970274044911869009-797770644444528238297743126599519322--315290348447160088
200832892205269087309325599317488447591689596080418357129458934825-3302059009-795665748852548337708714536481155468--272333265026165899
200822893198241887309327098995175417401700516048420588131027874170-3300329479-854147683749709234818699505322933327--161142249462158962
2008126711380203897303327598738806398721629063717419719131738819948-8026809479-819650405650174931125685372357525674--44163284934146819
2007426811431213397303329778587695394031638353693419699131635810852-7006589479-947648990248757328684688232050410976--36471280218137288
200732559-2068773033278084708684040318066544742144878339843396-63443455915-943843662152032767567654422090624635--51909242637158781
200722148-1901073033293283219423744817618344538744278675820263-80221655949-828036936048845765671668581464426466-2042192246158155476
200712122-169896623531353366093788423237544538636980600809250-8893283831998-853437249148643058395651481734618172-157566952182205993868654
20064921038709848562333163254738480390502062044373886535621391371250-762712195-922195695111877485261430253533417643643-20356665720558886641

Financial Quarter Income Statement
yearqrtRevenueIncome tax expenseFinance/interest costsOther incomeAdministrative/Operating expensesMinority interestShare of profit/ (loss) of associatesInvestment gain/lossDiscontinued operationShare of net profit of jointly controlled entityGain on sale of discontinued operations
20121696955134672540362286734967683141642--865-
20114744197137411981276647286693009182989--1853-
201137102631261517742936167179610362185327--1001-
2011267624272849702230462677610933223011--839-
20111579837104321083195105389337832223293--871-
2010461478016988110320251541713782585048-25141902546
20103574531238201301265055082075275225213-03450
201025810927070883396865040351348209687-2613560
20101503633131231472253134772892559252105--298838448
20094501566190701492111804694282039272016818850216388-
200939290154541621302342275818438594420729895-257-
200928339522797613388225735986758127488653096-254-
200914952285504214310036495037404256083-12523245-
20084594850225316277730626017192238194121700229261002-
20083978962475343826826579804244585312820305-207-
200828418362186717714097757156315421937451578-186-
2008180888832646935842768401812252775236904-180-
20074810885149021007427574477312455842773144502140
200737604251703711688455690927252814049420653019853
20072729364211701156347566818910568254744981460111656392894
20071688768225021112624163052128906701127165122126163-
2006467121317653151459586225693128288331870012156484-

Financial Quarter Segments Revenue
yearqrtGrains, trading, flour and feed millingMarketing, distribution and manufacturing of consumer productsFilm exhibition and distributionEnvironmental engineering, waste management and utilitiesChemicals trading and manufacturingProperty investment & developmentLivestock farmingOthersSugar refining, trading and cane plantationOil palm plantationsPackagingEdible oils refining and tradingElimination/AdjustmentInvestment in Equity
2012143608696923688872979926004196651949438642----38940395
201144634409126276212471772825890562838836785----390102629
201134413959874470237345292940396913062534137----402511753
201123947569317771893431713500791672639827175----4200717505
201113366569207764932294953264091472366028071----380911250
201043379349369265038559233091610341256646185655---4109242549
201033449889768859576194422495082322644629815----36606-
2010230045289999672891959738132100702269877547----44692-
2010127734588105606511377723014132912035434739----27643-
20094274190-6115817061117011069123382130293375366---26910-
20093294369-507012663622173817322641127993418264---41935-
20092291044-491922415522915832523269121519335677---42144-
20091292772-4464136304143701358521371109022277668---37228-
20084342582-472985679422731874723760131221237488---38283-
20083411944-4209456788451062228823743155292257884---36177-
20082326455-4571855456418921258920773131856240509---33412-
20081346192-4242316766361802145619177120509237577---31392-
20074296861-3710550760290013926924869105364247650414685434679-
20073266974-3541522472314472087322680106057270267-15505-31265-
20072245065-408861185531170189171815189457286514701402172476787092869-
20071233759-36923102133183193501649682986285380181021314812356679201879-
20064237776-339922772625495196171701787313244744212821318712541647236857-

Financial Quarter Segments Profit
yearqrtGrains, trading, flour and feed millingMarketing, distribution and manufacturing of consumer productsFilm exhibition and distributionEnvironmental engineering, waste management and utilitiesChemicals trading and manufacturingProperty investment & developmentLivestock farmingOthersSugar refining, trading and cane plantationOil palm plantationsPackagingEdible oils refining and tradingElimination/AdjustmentInvestment in Equity
201214358343268243925100590563243114----3861941
2011428987362168552597319279125605842----4041081
2011345030686191861231251466859305664----8903961
201122135040291146049611076341331521434----1621101
20111396324892992699616046971029963----1985605
20104527173235106163590287242963040838522514---780058961
20103437945621969116227263656506626142----506-
20102261242879121674292504176123974147----12-
20101322754309114931612335925135018316----581-
2009428981-9197212370928791752513265051---622-
2009344560-70151687286115519405009134521---797-
2009215007-7060377247034538141171267889---523-
200914662-52332061704999100337914781---522-
2008429339-638514666091215413491116823407---954-
2008394820-56842140307968752461695763208---346-
2008235852-698515264028443225701229030007---143-
2008166126-53714962632704320651776540295---414-
2007456885-3797325866697913894326503246742528535-1577-
2007321352-55676582515587534011591629772-598-210-
2007217542-7085298253649843341649392592849433752162245-
2007130287-6122278807254825319813034476772238919875175-
2006431704-61217763854562110922531519771011280430218993-

Financial Quarter Segments Associate
yearqrtGrains, trading, flour and feed millingFilm exhibition and distributionEnvironmental engineering, waste management and utilitiesChemicals trading and manufacturingProperty investment & developmentOthersSugar refining, trading and cane plantationOil palm plantationsEdible oils refining and trading
2012118831631451-1931140941---
2011441291242703-881177005---
2011343172191465-1268179059---
2011237693461382-1726216627---
2011139342161470-746217798---
201044721271882-579369---
201033558301824-1439219436---
2010232413421150-929204381---
2010133324201139-620248132---
2009418813591109-5802508443323--
200938003291368-134174248491572--
200928303082084-64342637613383--
200919812201544-8082577371833--
2008417172522358-1046383122424--
2008319512781686-768476471005--
2008235803021348-20932133121075--
2008138073122088-13422680582096--
2007429183211749-173281180373--
2007324333091396-856134781917--
200722197320929-345310006725-22460
2007124963781277-847829134724078285
200641966268606324729641134313642770

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


CHANGES IN SHAREHOLDING
ANNUAL REPORTS


HISTORICAL


CHANGES IN SHAREHOLDING


ARCHIVES


CHANGES IN SHAREHOLDING




CHANGES IN SHAREHOLDING

No comments:

Post a Comment