KLCI Stock - TGOFFS / 7228 - 2012 Quarter 3

TANJUNG OFFSHORE BERHAD


Company Description

TANJUNG OFFSHORE BERHAD is a Malaysia-based investment holding company. The Company's subsidiaries include Tanjung Offshore Services Sdn Bhd, an integrated service provider to the oil and gas and related industries; Tanjung Petroconsult Sdn Bhd, provider of engineering and professional manpower services to the oil and gas and related industries; Tanjung Maintenance Services Sdn Bhd, provider of maintenance services to the oil and gas and related industries; Tanjung NewEnergy Services Sdn Bhd, provider of project management services to the engineering and energy industries; Tanjung Kapal Services Sdn Bhd, engaged in the ownership of vessels and providing ship management services to the oil and gas and related industries, and Tanjung Offshore Marine Services Sdn Bhd, engaged in ownership and leasing offshore vessels to local and international oil industry. In March 2009, the Company incorporated a wholly owned subsidiary, Tanjung Citech Sdn. Bhd.

Company Info 

Listing Date	2005-05-27
Market Capital (Capital Size)	117,324,182 (Small)
Par Value	RM 0.50
Board	Main
Sector	Trading/Services
Major Industry	Oil & Gas Services
Sub Industry	Vessel Leasing
Website	http://www.tanjungoffshore.com.my

My Analysis 

Forecast P/E now	N/A
Target Price	0.46 (last wave high)
Decision	Not interested unless stock price strong sustain and uptrend above 0.38 or wait strong rebound at lower price
Comment	Revenue decreased 3% and was fourth consecutive quarter decreasing (lower than preceding year corresponding quarter 64.9%), eps decreased 211.2% and also lower than preceding year corresponding quarter 184.6%, cash generated from operating more than enough to cover all expenses, gross margin getting stable around 15%, liquidity ratio indicate just enough to cover current obligation, although gearing ratio got improved but still indicate very high liabilities risk especially during business downtrend, receivables collection period can cover payables repayment period but inventory turnover period still not enough to cover others debt, higher inventory can indicate amount of works is in good trend, Engineered Packages, Products & Services division still affect by high costs but maintenance services division recorded higher profit
First Support Price	0.38
Second Support Price	0.335
Risk Rating	HIGH

Research House

TA Target Price

0.31 (2012-08-14)

Accounting Ratio 

Return on Equity	-18.10%
Dividend Yield	-
Gross Profit Margin	15.85%
Operating Profit Margin	-7.26%
Net Profit Margin	-8.45%
Tax Rate	-
Asset Turnover	0.6247
Net Asset Value Per Share	0.55
Net Tangible Asset per share	0.54
Price/Net Tangible Asset Per Share	0.74
Cash Per Share	0.44
Liquidity Current Ratio	1.3386
Liquidity Quick Ratio	1.1741
Liquidity Cash Ratio	0.4331
Gearing Debt to Equity Ratio	1.8471
Gearing Debt to Asset Ratio	0.6366
Working capital per thousand Ringgit sale	34.2%
Days to sell the inventory	66
Days to collect the receivables	261
Days to pay the payables	287

Technical Analysis 

SMA 10	0.395 (Same)
SMA 20	0.401 (Downtrend 1 day)
SMA 50	0.401 (Same)
SMA 100	0.403 (Same)
SMA 200	0.386 (Same)
MACD (26d/12d)	-0.002998 ( 0.000474 )
Signal (9)	-0.003489 ( 0.000123 )
MACD Histogram	0.000491 (Bullish trend 2 days)
Bolinger Upper Band	0.421
Bolinger Lower Band	0.381

My notes based on 2012 quarter 3 report (number in '000):-
- Lower revenue than FY11Q3 mainly due to the completion of outstanding engineering equipment contracts

- Higher loss due to the revaluation deficit of approximately RM12.67 million arising from the transfer of three (3) units of offshore support vessels from Tanjung Offshore Services Sdn Bhd to Tanjung Kapal Services Sdn Bhd (TKS) as part of the demerger exercise of TKS from Tanjung Group

- Engineered Packages, Products & Services division net profitability margins were lower due to higher execution and completion costs

- The maintenance services division registered higher revenue due to additional wellhead contracts awarded by oil majors. This has resulted in higher profitability levels for this division

- No estimate next 4Q eps after 2012 Q3 result announced, can use CPS as baseline and trade base on technical analysis
- No estimate next 4Q eps after 2011 Q3 result announced, use ROE of 2% as eps = 0.026, estimate highest/lowest PE = 40.77/28.46
- Estimate next 4Q eps after 2011 Q2 result announced = (0.0246+0.0106)*2 = 0.0704, estimate highest/lowest PE = 13.78/10.23
- Estimate next 4Q eps after 2011 Q1 result announced = 0.004*0.9*4*1.1 = 0.0158, estimate highest/lowest PE = 70.89/53.8
- Estimate next 4Q eps after 2010 Q3 result announced = 0.035*1.1*2 = 0.077(use 100% improvement forecast), estimate highest/lowest PE = 21.3/14.03
- Estimate next 4Q eps after 2010 Q2 result announced = 0.0124*4*1.1*2 = 0.1091, estimate highest/lowest PE = 17.78/13.84 (DPS 0.01)
- Estimate next 4Q eps after 2010 Q1 result announced = 0.0119*4*1.1*2 = 0.1048, estimate highest/lowest PE = 19.18/10.11 (DPS 0.01)
- Estimate next 4Q eps after 2009 Q4 result announced = 0.0096*4*2 = 0.0768, estimate highest/lowest PE = 16.01/9.4 (DPS 0.01)

TGOFFS latest news (English)

TGOFFS 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	c_asset	liab	c_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
2012-11-16	2012	3	N/A	N/A	-	2.15%	2.34%	73999	204695	6250	4385	6940	7556	0.0239	0.0260	466084	393833	296698	294220	8759	169386	98537	175019	160174	12969	273556	113382	100413	290603	290274	116241	2012-09-30	15.85%	7.26%	8.45%	-	0.6247	-	0.55	0.54	0.74	0.44	1.3386	1.1741	0.4331	1.8471	0.6366	34.2%	66	261	287
2012-08-30	2012	2	0.465	0.335	-	1.87%	0.19%	64351	130696	4498	1865	6049	616	0.0208	0.0021	1101787	1022235	801991	799090	8549	299796	120473	15109	69302	12969	105364	36062	23093	290164	290130	113163	2012-06-30	13.14%	16.80%	6.99%	-	0.2664	-	1.0	0.99	0.39	0.13	1.2792	1.2307	0.0475	2.7536	0.7279	76.0%	50	247	261
2012-05-25	2012	1	0.99	0.385	0.44	1.68%	1.68%	66345	66345	6362	6362	5432	5432	0.0187	0.0187	1130691	1045052	801158	797293	7238	329533	62874	11022	28310	12969	51852	23542	10573	290183	290183	187168	2012-03-31	16.10%	1.60%	9.59%	3.25%	0.3647	-	1.11	1.1	0.59	0.07	1.3108	1.3037	0.0253	2.4858	0.7086	60.1%	6	202	161
2012-02-27	2011	4	1.0	0.625	-	15.76%	14.84%	86489	459045	57802	51697	58815	55395	0.2030	0.1913	1150500	313979	827212	401683	6757	323288	45276	45065	37204	23358	211	36993	13635	289707	289536	267978	2011-12-31	8.61%	44.49%	66.83%	-	0.3549	-	1.09	1.08	0.86	0.08	0.7817	0.7641	0.0544	2.6134	0.719	-21.5%	7	228	225
2011-11-16	2011	3	1.06	0.74	-	0.11%	0.92%	76368	279117	341	4731	429	3420	0.0015	0.0118	1132616	368553	754979	318273	6737	377637	38922	14204	37976	19148	24718	13258	5890	289543	289520	246111	2011-09-30	0.15%	14.70%	0.45%	-	0.4076	-	1.28	1.25	0.68	0.16	1.158	1.0729	0.1478	2.0355	0.6666	10.9%	26	233	189
2011-08-24	2011	2	0.97	0.72	-	1.91%	1.03%	183123	283694	8361	5772	7136	3849	0.0246	0.0133	1114467	344249	737547	292961	6616	376920	22733	9100	36957	19148	13633	23324	4176	289905	289873	246419	2011-06-30	22.96%	9.19%	4.57%	9.84%	0.4689	-	1.28	1.25	0.68	0.14	1.1751	1.1003	0.1391	1.9917	0.6618	9.8%	20	197	167
2011-05-19	2011	1	1.12	0.85	-	0.88%	0.88%	62315	62315	2614	2614	3287	3287	0.0109	0.0109	1063270	282721	693019	224245	6197	370251	15351	5268	55399	19148	10083	45316	26168	301724	301724	334913	2011-03-31	14.15%	9.06%	4.19%	-	0.4482	-	1.21	1.18	0.94	0.05	1.2608	1.1571	0.0729	1.9036	0.6518	12.3%	24	186	168
2011-02-28	2010	4	1.64	1.08	-	0.10%	2.12%	139857	541807	1461	8014	308	6813	0.0010	0.0241	1084359	300519	711172	271955	6015	373187	76314	30356	19224	7587	45958	26734	19147	304717	282539	502783	2010-12-31	23.21%	1.66%	1.04%	-	0.4997	68.4264	1.3	1.27	1.3	0.18	1.105	1.0486	0.202	1.9369	0.6558	5.3%	14	155	132
2010-11-24	2010	3	1.8	1.33	-	0.25%	2.21%	137249	401950	1254	9475	807	7121	0.0027	0.0254	1109377	326540	737157	221317	5759	372220	76787	26526	1875	9393	50261	48386	38993	297644	279953	443489	2010-09-30	28.37%	10.30%	0.91%	19.54%	0.485	-	1.31	1.28	1.16	0.26	1.4754	1.4344	0.346	2.0116	0.6645	19.6%	8	163	148
2010-08-26	2010	2	1.95	1.48	-	1.01%	1.96%	137153	264701	3823	8221	3269	6314	0.0124	0.0241	1069100	275155	734360	211720	5545	334740	34157	24284	17359	9393	9873	7486	16879	264025	261666	477885	2010-06-30	27.11%	9.57%	2.79%	6.04%	0.5198	-	1.26	1.22	1.48	0.09	1.2996	1.2578	0.1123	2.2308	0.6869	11.4%	7	159	120
2010-05-31	2010	1	2.02	1.07	-	0.95%	0.95%	127548	127548	4398	4398	3045	3045	0.0119	0.0119	1048383	263326	722552	200997	5258	325831	12241	5429	27936	9393	6812	21124	30517	256000	256000	281600	2010-03-31	24.18%	6.88%	3.45%	30.24%	0.5629	-	1.25	1.21	0.91	0.08	1.3101	1.2636	0.0993	2.2539	0.6892	10.6%	7	145	103
2010-02-23	2009	4	1.24	0.995	-	0.75%	1.52%	136096	649502	790	7598	2422	4884	0.0096	0.0195	1088522	301110	766439	264103	5240	322083	47406	197905	109309	31797	150499	41190	9393	252617	250082	270300	2009-12-31	21.13%	2.97%	0.58%	-	0.5967	54.7886	1.27	1.22	0.88	0.15	1.1401	1.1047	0.1449	2.419	0.7041	5.7%	6	142	110
2009-11-24	2009	3	1.33	0.94	-	3.19%	0.76%	154886	513406	8837	6808	10276	2462	0.0390	0.0094	1044703	285328	722876	207093	5068	321827	30622	165228	83854	32985	134606	50752	17767	263820	262740	259862	2009-09-30	13.12%	3.79%	5.71%	-	0.6859	-	1.21	1.16	0.85	0.12	1.3778	1.2943	0.1591	2.2821	0.6919	10.9%	11	120	90
2009-08-25	2009	2	1.33	0.97	-	0.85%	3.95%	171651	358520	4240	15645	2751	12738	0.0106	0.0490	990775	309893	659206	223827	5235	331569	34162	80878	479	32985	46716	47195	14210	260068	260038	340689	2009-06-30	16.99%	4.12%	2.47%	18.94%	0.7656	-	1.25	1.21	1.08	0.19	1.3845	1.305	0.2168	2.02	0.6653	11.3%	10	117	91
2009-05-26	2009	1	1.72	1.21	0.04	3.10%	3.10%	186869	186869	11405	11405	9987	9987	0.0409	0.0409	968060	342625	631968	247431	3982	336092	11137	23565	56599	32985	12428	69027	36042	244256	244256	319975	2009-03-31	19.00%	8.02%	6.10%	8.34%	0.6904	-	1.36	1.32	0.99	0.22	1.3847	1.3088	0.2125	1.9029	0.6528	14.2%	13	148	118
2009-02-23	2008	4	1.34	0.61	0.02	9.97%	22.97%	203141	574273	13594	34226	13616	31379	0.0515	0.1336	963878	360043	641613	266478	315	322265	3525	195736	217818	7378	192211	25607	32985	264503	234830	197054	2008-12-31	20.52%	9.36%	6.69%	-	0.5958	5.5753	1.37	1.34	0.56	0.29	1.3511	1.2826	0.2878	1.9929	0.6657	16.3%	14	168	141
2008-11-20	2008	3	1.15	0.68	-	3.72%	13.43%	196910	371134	6313	20612	5089	18346	0.0223	0.0806	918286	358527	664947	263883	186	253339	10583	145601	123920	7379	135018	11098	3719	227932	227688	259842	2008-09-30	12.81%	4.50%	3.21%	19.33%	0.5096	-	1.11	1.11	1.03	0.31	1.3587	1.3366	0.2696	2.6267	0.7241	20.2%	6	220	222
2008-08-22	2008	2	2.09	0.915	-	5.61%	9.73%	81435	174224	8459	14299	7663	13291	0.0360	0.0625	615667	226639	468922	128572	182	146745	23480	75408	51073	7378	51928	855	6523	212962	212732	396109	2008-06-30	29.67%	13.10%	10.39%	9.41%	0.6416	-	0.69	0.69	2.7	0.38	1.7627	1.7299	0.6352	3.1995	0.7616	24.8%	5	130	127
2008-05-23	2008	1	2.41	1.83	-	4.11%	4.11%	92789	92789	5840	5840	5618	5618	0.0266	0.0266	595522	242901	452154	147303	158	143368	13044	36416	14823	7378	23372	8549	1171	211565	211565	501409	2008-03-31	23.66%	9.42%	6.29%	3.63%	0.6869	-	0.68	0.68	3.49	0.4	1.649	1.6266	0.576	3.1573	0.7593	23.4%	4	138	137
2008-02-22	2007	4	2.6	1.75	0.03	6.50%	20.49%	96854	422871	8350	24304	7326	23081	0.0331	0.1049	499851	180409	363214	137941	148	136637	21297	110163	99222	2977	88866	10356	7379	221604	220041	460936	2007-12-31	22.33%	12.09%	8.62%	10.49%	0.846	19.8295	0.62	0.62	3.35	0.09	1.3079	1.2892	0.1484	2.6611	0.7266	10.0%	3	136	129
2007-11-30	2007	3	3.0	2.08	-	5.85%	13.98%	123932	326017	6797	15954	6594	15755	0.0284	0.0681	493683	193447	365961	152232	-	127722	22244	90018	3384	2976	67774	71158	74134	232471	231357	669516	2007-09-30	15.13%	7.16%	5.48%	2.99%	0.8778	-	0.55	0.55	5.24	0.08	1.2707	1.2511	0.1297	2.8653	0.7413	9.5%	3	144	126
2007-08-28	2007	2	3.12	2.71	-	4.47%	8.13%	95501	202085	5082	9157	5036	9161	0.0217	0.0396	380451	157286	260129	113213	-	120322	22117	9946	1836	2976	12171	14007	11031	231835	231263	704778	2006-06-30	17.60%	8.31%	5.32%	0.91%	0.8133	-	0.52	0.52	5.85	0.1	1.3893	1.3732	0.2097	2.1619	0.6837	14.2%	2	155	140
2007-05-25	2007	1	N/A	N/A	-	3.66%	3.66%	106583	106583	4075	4075	4125	4125	0.0200	0.0200	366065	148753	248690	101720	-	117375	2805	781	711	2976	3586	2875	5851	206316	206316	738611	2007-03-31	11.92%	4.09%	3.82%	-	0.5843	-	0.57	0.57	6.28	0.07	1.4624	1.445	0.1512	2.1188	0.6794	22.0%	3	225	176
2007-02-28	2006	4	N/A	N/A	0.03	N/A	N/A	107322	293254	5387	17503	6522	18273	0.0314	0.0882	370027	151360	257362	110239	-	112665	40969	84226	119826	2372	125195	5369	2997	207400	207141	618052	2006-12-31	12.43%	5.76%	5.02%	-	0.29	33.781	0.54	0.54	5.52	0.1	1.373	1.3571	0.1847	2.2843	0.6955	38.3%	7	440	343

Financial Quarter Balance Sheet

year	qrt	Deferred tax assets (A-0)	Intangible assets (A-0)	Investment in associated companies (A-0)	Property, plant and equipment (A-0)	Amount due from associated companies (A-1)	Cash and cash equivalents (A-1)	Current asset classified as held for sales (A-1)	Fixed deposits with licensed banks (A-1)	Inventories (A-1)	Other receivables, deposits and prepayments (A-1)	Trade receivables (A-1)	Hire purchase liabilities (L-0)	Islamic MTN Programme (L-0)	Serial bonds issuance (L-0)	Syndication Term Financing (L-0)	Term loans (L-0)	Hire purchase liabilities (L-1)	Liabilities directly associated with assets classified as held for sale (L-1)	Loans & borrowings (L-1)	Payables and accruals (L-1)	Provision for taxation (L-1)	Trade and other payables (L-1)	Minority interest (M-1)
2012	3	1518	3320	4726	62687	13653	20595	9833	106832	48378	33360	161182	1752	-	-	-	726	1134	27997	54384	48294	1217	161194	8759
2012	2	1556	3379	4941	69676	-	33098	747279	4820	38780	31720	166538	2089	-	-	-	812	1221	532642	63889	85927	734	114677	8549
2012	1	1552	3439	4948	75700	-	17758	791345	2404	5643	36847	191055	2967	-	-	-	898	729	556023	79170	39470	666	121235	7238
2011	4	6536	3146	4833	822006	-	14958	30291	6886	7067	33877	220900	3035	-	-	211315	211179	1580	38734	137226	30543	755	192845	6757
2011	3	7029	8474	4244	744316	-	38554	-	8474	27066	57719	236740	3362	-	-	214311	219033	1676	-	122147	39768	623	154059	6737
2011	2	7672	8584	4366	749596	-	29772	-	10983	21907	37082	244505	3727	-	-	212812	228047	1802	-	109567	40293	494	140805	6616
2011	1	8318	8840	4400	758991	-	5015	-	11333	23246	32652	210475	3895	100029	80598	-	284252	1934	-	58729	36285	419	126878	6197
2010	4	8313	8938	6119	760470	-	17039	-	37904	15342	42039	188195	4559	100029	80598	-	254031	1707	-	126112	30415	171	113550	6015
2010	3	8153	9436	1298	763950	-	63999	-	12578	9075	41226	199662	3606	120029	105597	-	286608	1601	-	57867	35490	737	125622	5759
2010	2	8165	9625	4672	771483	-	12727	-	11050	8843	40039	202496	3932	120029	105597	-	293082	1679	-	66469	29791	537	113244	5545
2010	1	8165	9807	5350	761735	-	12824	-	7136	9351	41208	192807	4530	120029	105597	-	291399	1350	-	64378	28690	451	106128	5258
2009	4	8085	10742	3565	765020	-	31293	-	6976	9351	37670	215820	4790	120029	105597	-	271920	2124	-	102272	32069	808	126830	5240
2009	3	6607	11788	4594	736386	-	12965	-	19986	17285	38990	196102	3882	120028	125150	-	266723	1327	-	61084	26521	263	117898	5068
2009	2	6607	12328	2843	659104	-	31075	-	17458	17793	45076	198491	4545	120028	125150	-	185656	965	-	66374	32776	1670	122042	5235
2009	1	6607	10059	1498	607271	-	33070	-	19506	18796	38269	232984	2610	120028	125150	-	136749	793	-	69115	25994	2689	148840	3982
2008	4	6607	7093	1338	588797	-	19820	-	56873	18246	26657	238447	2248	120028	125597	-	127262	870	-	86131	28636	2010	148831	315
2008	3	5886	-	2855	551018	-	19767	-	51389	5813	40946	240612	2095	120028	145598	-	133343	696	-	33126	49806	2461	177794	186
2008	2	5886	-	2778	380364	-	18001	-	63668	4221	26589	114160	2223	80028	145598	-	112501	685	-	19625	27734	1695	78833	182
2008	1	5886	-	2529	344206	-	21355	-	63495	3303	25536	129212	2331	80028	145598	-	76894	661	-	22841	31422	928	91451	158
2007	4	5886	-	2153	311403	-	20468	-	-	2575	19146	138220	2065	-	145598	-	77610	707	-	11955	30301	837	94141	148
2007	3	5610	-	1576	293050	-	2378	-	17373	2986	17946	152764	1223	-	145598	-	66908	348	-	24054	20549	16	107265	-
2007	2	5610	-	1491	216064	-	12336	-	11406	1824	20046	111674	1318	-	145598	-	-	348	-	11287	10485	12	91081	-
2007	1	5610	-	1434	210268	-	4604	-	10778	1771	20706	110894	1372	-	145598	-	-	348	-	10851	9754	47	80720	-
2006	4	5507	-	1775	211385	-	18933	-	1428	1755	20385	108859	1525	-	145598	-	-	413	-	21935	8124	47	79720	-

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	Discontinued operation
2012	3	73999	480	62269	804	1828	18927	210	218	141
2012	2	64351	240	55894	517	630	19897	1311	6	6835
2012	1	66345	207	55661	2155	243	9868	723	115	7343
2011	4	86489	746	93934	9546	797	30239	267	591	10366
2011	3	76368	100	76257	1965	193	11533	188	120	12973
2011	2	183123	823	141073	8427	52	25281	402	33	-
2011	1	62315	491	53496	4047	2108	16575	182	3427	3654
2010	4	139857	1380	107403	8976	255	30388	227	5194	-
2010	3	137249	245	98312	9227	51	24848	202	3659	-
2010	2	137153	231	99965	8211	953	25011	323	1096	-
2010	1	127548	1330	96708	6989	2227	24289	23	2609	-
2009	4	136096	1637	107341	5675	211	24920	5	2419	-
2009	3	154886	1450	134563	5030	144	26334	11	2060	-
2009	2	171651	803	142480	4555	9	22114	686	1729	-
2009	1	186869	951	151355	3734	1081	21617	467	161	-
2008	4	203141	59	161456	4406	1171	23845	37	1011	-
2008	3	196910	1220	171688	2503	56	16412	4	50	-
2008	2	81435	796	57270	2457	59	13557	-	249	-
2008	1	92789	212	70833	3280	127	13341	10	378	-
2007	4	96854	876	75227	3575	139	10061	148	220	-
2007	3	123932	203	105183	2167	57	9933	-	91	-
2007	2	95501	46	78689	2918	71	8944	-	61	-
2007	1	106583	50	93875	308	33	8378	-	20	-
2006	4	107322	1135	93977	1457	756	7916	-	659	-

Financial Quarter Segments Revenue

year	qrt	Drilling	Operations and Maintenance	Offshore Support Vessels	Engineering Equipment Supply
2012	3	-	20907	-	53092
2012	2	-	8966	-	60422
2012	1	530	11179	4507	50129
2011	4	4058	10247	35870	7534
2011	3	24213	1944	34973	60400
2011	2	68329	14859	37331	62604
2011	1	-	17827	31373	51371
2010	4	33885	16083	38480	51409
2010	3	37737	8389	39976	51147
2010	2	38850	13077	27355	57871
2010	1	34318	8394	38915	45921

Financial Quarter Segments Profit

year	qrt	Drilling	Operations and Maintenance	Offshore Support Vessels	Engineering Equipment Supply
2012	3	-	-	-	-
2012	2	-	-	-	-
2012	1	-	-	-	-
2011	4	790	1100	13377	32998
2011	3	3594	541	16332	3444
2011	2	-	-	-	-
2011	1	-	-	-	-
2010	4	2303	443	15183	10116
2010	3	573	1275	18711	2723
2010	2	-	-	-	-
2010	1	-	-	-	-

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