KLCI Stock - BPURI / 5932 - 2012 Quarter 1

BINA PURI HOLDINGS BERHAD



Company Description

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

Company Info 

Listing Date	1995-01-06
Market Capital (Capital Size)	107,938,572 (Small)
Par Value	RM 1.00
Board	Main
Sector	Construction
Major Industry	Civil Engineering
Sub Industry	Construction & Project Management
Website	http://www.binapuri.com.my/

My Analysis 

Forecast P/E now	(0.87-0.02)/0.1009 = 8.42 (Moderate)
Target Price	0.91+0.02 = 0.93 (PE 9.0, EPS 0.1009, DPS 0.02)
Decision	Not interested unless stock price can sustain and uptrend above SMA20 or wait got strong rebound signal
Comment	Revenue increased 4.5% and also higher than preceding year corresponding quarter 4.3%, eps increased 228% but lower than preceding year corresponding quarter 13.3%, negative net cash from operating due to increased assets and cash from financing activities and Group cash also not enough to cover it, margin still very low, slightly better liquidity ratio at low level now, higher gearing ratio at very high level now, higher debt ratio and is near to historical high, longer receivables collection period, higher property development cost can indicate more property development contribution in the near-term future
First Support Price	0.85
Second Support Price	0.815
Risk Rating	HIGH

Research House

Wilson & York Target Price	1.1 (2012-05-31)
Kenanga Target Price	1.24 (2012-06-15)

Accounting Ratio 

Return on Equity	4.69%
Dividend Yield	2.30%
Gross Profit Margin	5.01%
Operating Profit Margin	1.65%
Net Profit Margin	1.26%
Tax Rate	39.93%
Asset Turnover	1.2332
Net Asset Value Per Share	1.08
Net Tangible Asset per share	1.07
Price/Net Tangible Asset Per Share	0.81
Cash Per Share	0.52
Liquidity Current Ratio	1.0916
Liquidity Quick Ratio	0.9989
Liquidity Cash Ratio	0.0855
Gearing Debt to Equity Ratio	6.161
Gearing Debt to Asset Ratio	0.8482
Working capital per thousand Ringgit sale	5.8%
Days to sell the inventory	23
Days to collect the receivables	212
Days to pay the payables	138

Technical Analysis 

SMA 20	0.854 (Uptrend 5 days)
SMA 50	0.873 (Downtrend)
SMA 100	0.91 (Downtrend)
SMA 200	0.933 (Downtrend)
MACD (26d/12d)	-0.000477 ( 0.000806 )
Signal (9)	-0.004839 ( 0.001091 )
MACD Histogram	0.004362 (Bullish trend 9 days)
Bolinger Upper Band	0.901
Bolinger Lower Band	0.807

My notes based on 2012 quarter 1 report (number in '000):-
- Higher revenue and profit from Polyol manufacturing division due to higher export sales to Middle East

- Higher revenue and profit from Power Supply division than FY11Q1 mainly due to full operation of the 5 micro power plants since July 2011

- The Group will continue to focus on and enhance its main core businesses. The current value of contract work in progress is approximately RM2.3 billion

- Estimate next 4Q eps after 2012 Q1 result announced = 146493*0.085/123448 = 0.1009, estimate PE on current price 0.87 = 8.42(DPS 0.02)
- Estimate next 4Q eps after 2011 Q4 result announced = 142411*0.085/111001 = 0.1091, estimate highest/lowest PE = 8.66/7.29 (DPS 0.02)
- Estimate next 4Q eps after 2011 Q3 result announced = 0.0975*0.95 = 0.0926, estimate highest/lowest PE = 11.12/9.13 (DPS 0.02)
- Estimate next 4Q eps after 2011 Q2 result announced = (0.0356+0.0195)*2 = 0.1102, estimate highest/lowest PE = 10.16/7.35 (DPS 0.04)
- Estimate next 4Q eps after 2011 Q1 result announced = (0.028+0.0195)*2 = 0.095, estimate highest/lowest PE = 12.43/10.53 (DPS 0.04)
- Estimate next 4Q eps after 2010 Q4 result announced = 0.028*4*1.05 = 0.1176, estimate highest/lowest PE = 11.14/9.69 (DPS 0.04)
- Estimate next 4Q eps after 2010 Q3 result announced = 0.1, estimate highest/lowest PE = 16.1/11.9 (DPS 0.04)
- Estimate next 4Q eps after 2010 Q2 result announced = 0.0463*2 = 0.0926, estimate highest/lowest PE = 14.15/11.23 (DPS 0.04)
- Estimate next 4Q eps after 2010 Q1 result announced = 0.0828(10% grow from 0.0753, added adjustment from last quarter estimated), estimate highest/lowest PE = 18.12/11.59 (DPS 0.04)
- Estimate next 4Q eps after 2009 Q4 result announced = 0.0781(10% grow from 0.071), estimate highest/lowest PE = 16.26/9.8 (DPS 0.04)
- Estimate next 4Q eps after 2009 Q3 result announced = 0.078, estimate highest/lowest PE = 10.9/8.91 (DPS 0.04)
- Estimate next 4Q eps after 2009 Q2 result announced = 0.06, estimate highest/lowest PE = 15.17/11.08 (DPS 0.04)
- Estimate next 4Q eps after 2009 Q2 result announced = 0.0484, estimate highest/lowest PE = 18.39/15.08 (DPS 0.04)
- Estimate next 4Q eps after 2009 Q1 result announced = 0.0465, estimate highest/lowest PE = 19.78/14.19 (DPS 0.04)

BPURI latest news (English)

BPURI latest news (Chinese)



Financial Quarter Summary

a_date	year	qrt	h_price	l_price	div	roe	c_roe	rev	c_rev	pbt	c_pbt	prof	c_prof	eps	c_eps	asset	liab	mino	equi	cfo	cfi	cff	cash	fcf	net	final	share	c_share	m_cap	date	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
2012-05-31	2012	1	N/A	N/A	-	1.47%	1.47%	301882	301882	3817	3817	2091	2091	0.0169	0.0169	964852	818359	13664	146493	72532	2418	61652	4790	70114	8462	3672	123448	123448	106782	2012-03-31	5.01%	1.65%	1.26%	39.93%	1.2332	-	1.08	1.07	0.81	0.52	1.0916	0.9989	0.0855	6.161	0.8482	5.8%	23	212	138
2012-02-29	2011	4	0.965	0.815	0.02	1.27%	4.95%	288958	1177298	12216	25453	1542	6032	0.0132	0.0543	886212	743801	13424	142411	7588	10698	77377	58254	18286	59091	837	117013	111001	109407	2011-12-31	13.06%	5.50%	4.23%	112.61%	1.3285	17.2059	1.16	1.16	0.81	0.66	1.0629	1.0082	0.1092	5.7665	0.8393	3.8%	13	196	139
2011-11-21	2011	3	1.05	0.865	-	1.33%	6.21%	297730	888340	5840	13237	1623	7574	0.0146	0.0695	794835	661972	12960	132863	32265	1744	75532	58254	34009	41523	16731	111142	108975	98360	2011-09-30	7.07%	1.92%	1.96%	71.78%	1.5828	-	1.1	1.1	0.8	0.55	1.0336	1.0131	0.0948	5.5209	0.8328	1.7%	4	172	103
2011-08-22	2011	2	1.16	0.85	-	3.16%	4.88%	301305	590610	4437	7397	3849	5951	0.0356	0.0552	773613	645798	12936	127815	14566	731	56764	58254	15297	41467	16787	108000	107874	120960	2011-06-30	5.24%	1.81%	1.47%	7.12%	1.6224	-	1.06	1.06	1.06	0.7	1.0332	1.0113	0.1196	5.6215	0.8348	1.7%	4	162	106
2011-05-23	2011	1	1.41	1.04	-	1.72%	1.72%	289305	289305	2960	2960	2102	2102	0.0195	0.0195	711420	587724	12665	123696	630	4938	13679	58254	5568	19247	39007	107746	107746	131450	2011-03-31	4.33%	1.25%	1.02%	14.12%	1.717	-	1.03	1.03	1.18	0.57	1.0377	1.0221	0.1062	5.2933	0.8261	1.8%	3	158	103
2011-02-28	2010	4	1.35	1.18	0.02	2.22%	9.53%	369747	1230646	2911	14136	2472	10603	0.0233	0.1008	776020	654126	12224	121894	4390	16955	22365	59274	21345	1020	58254	106259	105229	139199	2010-12-31	4.11%	0.93%	0.79%	13.12%	1.5858	13.001	1.04	1.04	1.26	0.68	1.0306	1.0228	0.1124	5.9645	0.8429	1.6%	2	174	121
2010-11-18	2010	3	1.65	1.23	0.02	2.95%	7.31%	294764	860899	4247	11225	3285	8131	0.0312	0.0775	702869	585470	11750	117399	23767	12596	6874	60237	36363	29489	89726	105378	104937	136991	2010-09-30	4.62%	1.72%	1.44%	22.02%	1.5928	-	1.01	1.01	1.29	0.47	1.011	1.0015	0.0853	5.5417	0.833	0.6%	2	172	108
2010-08-23	2010	2	1.35	1.08	-	2.82%	4.36%	267714	566135	4376	6978	3139	4846	0.0299	0.0463	772674	659277	11710	113397	37705	9487	5856	59274	47192	41336	100610	104828	104555	123697	2010-06-30	5.43%	1.84%	1.63%	18.78%	1.3368	-	0.97	0.97	1.22	0.74	1.0107	1.0022	0.1194	6.4834	0.8532	0.7%	2	203	132
2010-05-25	2010	1	1.54	1.0	-	1.53%	1.53%	298421	298421	2602	2602	1707	1707	0.0164	0.0164	689666	578473	11301	111193	20327	8251	5836	59274	28578	22742	82016	104266	104266	110521	2010-03-31	4.00%	1.13%	0.87%	24.37%	1.3797	-	0.96	0.96	1.1	0.72	1.0086	0.998	0.1322	5.791	0.8388	0.5%	2	189	128
2010-02-24	2009	4	1.31	0.805	0.02	2.35%	7.43%	258624	788045	4598	11498	2029	6420	0.0196	0.0713	646406	535188	11187	111218	23269	7844	17214	10947	31113	48327	59274	103625	90043	88081	2009-12-31	6.72%	2.44%	1.78%	57.33%	1.2191	11.9216	1.11	1.11	0.77	0.48	1.0142	1.0038	0.0942	5.3502	0.8279	0.9%	3	221	155
2009-11-24	2009	3	0.89	0.735	-	2.09%	5.09%	208162	529421	2807	6900	1808	4391	0.0205	0.0515	547810	438973	11257	108837	129	5776	3794	11403	5905	9699	21102	88130	85236	75791	2009-09-30	5.66%	1.97%	1.35%	24.08%	1.2336	-	1.14	1.14	0.75	0.69	1.0099	0.9977	0.1419	4.4986	0.8013	0.6%	3	198	148
2009-08-19	2009	2	0.95	0.705	0.02	1.82%	2.99%	186307	321259	2466	4093	1568	2583	0.0187	0.0308	528068	439262	11664	88806	14456	1633	2029	11403	16089	18118	29521	83782	83774	67025	2009-06-30	5.86%	1.98%	1.32%	19.79%	1.2647	-	0.92	0.92	0.87	0.47	0.9651	0.953	0.091	5.6942	0.8318	-2.2%	3	202	142
2009-05-28	2009	1	0.93	0.77	-	1.18%	1.18%	134952	134952	1627	1627	1015	1015	0.0121	0.0121	466992	380035	11251	86957	9047	1265	8352	11403	10312	18664	30067	83765	83765	73713	2009-03-31	6.94%	1.95%	1.21%	17.27%	1.4152	-	0.9	0.9	0.98	0.38	0.9562	0.942	0.0856	5.0199	0.8138	-2.5%	3	175	129
2009-02-19	2008	4	0.96	0.7	0.02	0.01%	5.02%	146354	676542	740	8034	12	4283	0.0001	0.0517	473061	386712	10920	86349	71202	24682	49008	8915	46520	2488	11403	83407	82905	66725	2008-12-31	11.85%	1.58%	0.51%	86.89%	1.4301	15.4854	0.91	0.91	0.88	0.42	0.956	0.9404	0.0918	5.1268	0.8175	-2.5%	3	171	132
2008-11-25	2008	3	0.96	0.72	0.02	1.46%	5.04%	200252	530188	2467	7294	1247	4295	0.0151	0.0519	433447	347943	10567	85504	51039	3909	34525	8915	54948	20423	11508	82845	82737	65447	2008-09-30	6.48%	2.10%	1.23%	47.67%	1.6625	-	0.91	0.91	0.87	0.58	1.0271	1.0028	0.1432	4.6431	0.8027	1.3%	4	145	100
2008-08-26	2008	2	1.05	0.7	-	2.17%	3.58%	179341	329936	3050	4827	1849	3048	0.0224	0.0369	444608	357513	10523	87095	16490	4248	22260	8915	20738	1522	10437	82698	82682	78563	2008-06-30	6.83%	2.77%	1.70%	29.77%	1.5118	-	0.93	0.93	1.02	0.28	1.0291	1.0073	0.0673	4.669	0.8041	1.5%	4	175	110
2008-05-28	2008	1	1.05	0.83	-	1.41%	1.41%	150595	150595	1777	1777	1199	1199	0.0145	0.0145	464122	377512	11906	86610	13245	608	3529	8915	13853	10324	1409	82666	82666	74812	2008-03-31	6.17%	1.41%	1.18%	7.99%	1.4085	-	0.9	0.9	1.01	0.37	0.9902	0.9671	0.0835	5.0534	0.8134	-0.5%	5	178	119
2008-02-26	2007	4	1.1	0.65	0.04	2.55%	8.93%	190438	607869	1924	8528	2004	7020	0.0242	0.0859	500043	414807	11470	85236	185653	15386	176496	2686	170267	6229	8915	82665	81712	69438	2007-12-31	8.62%	1.53%	1.01%	-	1.2156	9.7775	0.9	0.9	0.93	0.4	0.9892	0.9371	0.0826	5.6233	0.8295	-0.7%	14	206	144
2007-11-27	2007	3	1.15	0.75	0.02	2.56%	6.38%	151770	417431	2545	6604	2013	5016	0.0245	0.0616	456881	372465	11450	84416	188296	11211	178021	2686	177085	936	3622	82293	81392	74886	2007-09-30	6.90%	1.45%	1.68%	9.78%	1.1871	-	0.9	0.9	1.01	0.41	0.9736	0.911	0.0934	5.1046	0.8152	-1.8%	17	199	133
2007-08-27	2007	2	0.97	0.835	-	2.09%	3.82%	160915	265661	2257	4059	1645	3003	0.0203	0.0371	550638	469988	11167	80650	68309	4007	78395	2686	64302	14093	16779	80942	80933	N/A	2007-06-30	5.63%	1.21%	1.40%	5.49%	0.7094	-	0.86	0.86	N/A	0.37	0.991	0.9545	0.0653	6.7641	0.8535	-1.1%	17	381	181
2007-05-28	2007	1	N/A	N/A	-	1.73%	1.73%	104746	104746	1802	1802	1358	1358	0.0168	0.0168	634094	553993	10759	80101	31606	512	28852	2686	32118	3266	5952	80925	80925	60693	2007-03-31	7.77%	2.76%	1.72%	15.48%	0.3622	-	0.86	0.86	0.87	0.45	1.2333	1.1785	0.0825	7.9893	0.8737	44.8%	42	765	279
2007-02-27	2006	4	N/A	N/A	0.03	N/A	N/A	124954	491571	1310	6409	1452	5122	0.0179	0.0633	616555	537907	10664	78648	116326	6902	119449	12711	109424	10025	2686	80925	80925	57456	2006-12-31	9.61%	2.14%	1.05%	-	0.2027	11.2176	0.84	0.84	0.85	0.46	1.2111	1.1528	0.0849	7.9123	0.8724	73.3%	82	1341	564

Financial Quarter Balance Sheet

year	qrt	Deferred tax assets (A-0)	Expressway Development Expenditure (A-0)	Goodwill on consolidation (A-0)	Investment in associated companies (A-0)	Investment in jointly controlled entity (A-0)	Investment properties (A-0)	Land held for property development (A-0)	Other investments (A-0)	Prepaid lease payments (A-0)	Property, plant and equipment (A-0)	Amount due from customers (A-1)	Cash and cash equivalents (A-1)	Current tax assets (A-1)	Fixed deposits with licensed banks (A-1)	Inventories (A-1)	Property development costs (A-1)	Trade receivables (A-1)	Deferred tax liabilities (L-0)	Government grant (L-0)	Hire purchase and finance lease liabilities (L-0)	Term loans (L-0)	Amount due to customers (L-1)	Current tax liabilities (L-1)	Hire purchase liabilities (L-1)	Loans & borrowings (L-1)	Trade and other payables (L-1)	Minority interest (M-1)
2012	1	678	-	350	4223	-	112	-	37274	-	95318	235164	44808	656	19945	5301	64952	456071	2165	-	7241	51473	38846	13504	6918	290162	408050	13664
2011	4	678	-	350	3717	-	112	-	37274	-	94638	211567	53789	694	23220	4996	33549	421628	2295	-	8661	27744	23842	14032	4793	252326	410108	13424
2011	3	654	-	350	34924	1415	112	9405	7274	-	74449	194301	39226	490	21908	5155	8096	397076	1401	-	7779	8225	37374	3606	5711	265242	332634	12960
2011	2	654	-	350	34805	369	112	9082	7274	-	71646	156213	52432	1592	22737	5691	8110	402546	1080	-	7386	8906	17361	1770	5779	260262	343254	12936
2011	1	654	-	350	32705	359	112	9035	7274	-	59187	131882	38268	1384	23339	4831	4165	397875	1032	56	5170	1556	23908	1709	5194	226456	322643	12665
2010	4	654	-	350	32429	363	112	13081	7298	-	56466	104745	42232	1382	30355	5028	-	481525	1099	58	5520	1934	19122	1962	3383	233726	387322	12224
2010	3	654	-	-	32367	372	140	13257	7297	-	64365	131563	22595	861	26699	5497	-	397202	1264	60	4675	1426	32041	2131	5152	229262	309459	11750
2010	2	654	-	-	32208	407	140	13257	7268	-	60911	116268	52494	607	25233	5554	-	457673	910	63	5244	2213	25762	2056	3683	268476	350870	11710
2010	1	654	-	-	31411	370	140	13257	7268	-	62180	115663	50331	831	24976	6026	-	376559	915	66	5416	2587	5898	3248	4570	244681	311092	11301
2009	4	654	-	-	31115	327	140	13257	7248	-	61330	115598	31476	728	17990	5433	-	361110	918	68	6212	3105	13602	2941	3029	193987	311326	11187
2009	3	698	-	-	31683	822	720	13257	7270	1844	57269	106258	43813	605	17209	4977	252	261133	255	71	5273	3380	14001	1242	2905	160236	251610	11257
2009	2	778	-	-	32132	688	720	13257	7270	1877	55908	80276	24097	595	15077	5211	-	290182	269	74	4737	3735	22753	1072	3237	167068	236317	11664
2009	1	778	-	-	32543	548	720	13257	7270	1898	55503	95073	16355	603	15364	4974	288	221818	298	77	4840	4106	2356	793	2961	152057	212547	11251
2008	4	778	-	-	32307	479	1130	13257	7270	1924	55251	69359	20929	2561	13705	5008	876	248227	302	79	4501	4580	5812	720	3040	143995	223683	10920
2008	3	767	-	-	6055	330	1135	13257	7271	1952	56285	72162	35037	2795	13250	5513	2686	214952	228	82	5497	4890	3950	269	2755	149443	180829	10567
2008	2	740	-	-	6653	177	1135	13257	7270	1980	57218	62164	10306	3457	13001	5051	2501	259698	242	85	6014	5067	2671	636	3017	154912	184869	10523
2008	1	775	14334	-	4581	1087	1135	13257	7270	2007	58264	59964	15665	3457	14827	4957	3500	259042	559	87	6367	5521	618	319	3217	166141	194683	11906
2007	4	853	14309	-	4157	857	1135	10257	7381	2034	58544	94265	14941	3071	18486	5123	15967	248663	652	90	6445	2747	260	288	3156	181177	219992	11470
2007	3	943	19140	-	4372	321	1135	10257	7413	2070	57104	83138	16919	2197	17058	5050	17727	212037	669	93	4636	3347	5809	56	1858	174319	181678	11450
2007	2	1029	20703	-	3632	-	1135	10257	1411	2088	53607	72873	10032	1888	20064	6140	10695	335084	653	95	4187	4139	1210	342	1932	279793	177637	11167
2007	1	1121	20056	-	2323	-	1135	10257	1411	2115	51843	77692	18111	1956	18275	6783	17383	403633	650	98	4086	108213	2143	576	1920	277821	158486	10759
2006	4	1200	19919	-	2023	-	1680	10257	1411	2144	52292	49855	19813	4487	17026	7168	18118	409162	663	101	3843	99276	2258	1962	1994	255342	172468	10664

Financial Quarter Income Statement

year	qrt	Revenue	Income tax expense	Cost of sales	Finance/interest costs	Other income	Administrative/Operating expenses	Minority interest	Share of profit/ (loss) of associates	Investment gain/loss	Share of net profit of jointly controlled entity
2012	1	301882	1524	286770	1517	1275	11421	202	411	138	181
2011	4	288958	13756	251217	1800	2004	23864	2	609	114	1370
2011	3	297730	4192	276666	1179	1201	16536	25	120	201	969
2011	2	301305	316	285530	1101	1489	11821	272	80	10	5
2011	1	289305	418	276785	1012	1833	10739	440	277	76	5
2010	4	369747	382	354550	660	889	12663	57	10	168	10
2010	3	294764	935	281138	970	2149	10693	27	100	49	14
2010	2	267714	822	253183	923	862	10470	415	305	35	36
2010	1	298421	634	286473	1099	2080	10668	261	171	111	59
2009	4	258624	2636	241233	783	3341	14413	67	566	125	497
2009	3	208162	676	196383	1052	1238	8907	323	450	57	142
2009	2	186307	488	175387	1158	1337	8570	410	411	188	160
2009	1	134952	281	125588	1461	1887	8625	331	200	202	60
2008	4	146354	643	129005	1075	380	14660	109	1262	642	126
2008	3	200252	1176	187281	1282	1762	10524	44	597	15	122
2008	2	179341	908	167093	1201	1298	8570	293	89	93	907
2008	1	150595	142	141298	1287	827	8000	436	653	29	258
2007	4	190438	100	174017	1223	1957	15456	20	75	236	536
2007	3	151770	249	141292	1078	482	8766	283	740	368	321
2007	2	160915	124	151863	1349	596	7706	488	1153	511	-
2007	1	104746	279	96602	1412	1676	6929	165	300	23	-
2006	4	124954	11	112952	1346	1667	10990	131	432	409	-

Financial Quarter Segments Revenue

year	qrt	Elimination/Adjustment	Property development	Construction	Polyol manufacturing	Quarry and ready mix concrete	Power Supply
2012	1	1022	-	269267	5579	26231	1827
2011	4	2021	-	260934	4412	23169	2464
2011	3	9732	-	276115	3521	26155	1671
2011	2	7841	-	278256	3372	26578	940
2011	1	7950	-	270095	3873	22322	965
2010	4	18261	-	361711	4600	21622	1620
2010	3	1912	-	275834	4330	16512	-
2010	2	4307	-	244558	3458	24005	-
2010	1	3223	-	279316	2774	19554	-
2009	4	211	2204	234299	2858	19474	-
2009	3	1203	503	187023	4182	17657	-
2009	2	484	976	168244	4585	12986	-
2009	1	1720	7433	109981	3806	15452	-
2008	4	1303	11434	111255	3422	21546	-
2008	3	3285	2375	173369	5673	22120	-
2008	2	4403	11933	145767	5303	20741	-
2008	1	6685	21206	104958	4286	26830	-
2007	4	8710	12015	149493	6888	30752	-
2007	3	4267	8087	112072	6463	29415	-
2007	2	2609	8692	120890	5255	28687	-
2007	1	90	6831	74334	4716	18955	-
2006	4	903	3438	101513	4476	16430	-

Financial Quarter Segments Profit

year	qrt	Others	Elimination/Adjustment	Property development	Construction	Polyol manufacturing	Quarry and ready mix concrete	Power Supply
2012	1	34	-	506	2637	184	766	839
2011	4	308	117	354	15189	198	293	1376
2011	3	155	15	178	5043	315	239	800
2011	2	28	79	109	4187	205	1094	365
2011	1	41	906	199	3980	45	641	102
2010	4	12	42	279	3062	283	210	86
2010	3	56	-	364	3991	35	818	-
2010	2	-	-	20	4250	24	717	-
2010	1	2	-	229	3056	87	618	-
2009	4	162	-	135	6357	1	260	-
2009	3	10	-	294	3742	151	795	-
2009	2	24	-	181	3121	129	594	-
2009	1	126	-	656	1252	4	588	-
2008	4	133	530	1246	1422	283	587	-
2008	3	31	28	1376	2064	44	810	-
2008	2	33	5	787	3017	184	1026	-
2008	1	18	20	389	896	309	532	-
2007	4	46	185	1738	876	475	1446	-
2007	3	1	15	151	1076	210	771	-
2007	2	25	40	318	756	259	624	-
2007	1	107	5	439	1661	155	534	-
2006	4	143	363	81	2269	102	733	-

Financial Quarter Segments Associate

year	qrt	Construction	Quarry and ready mix concrete
2012	1	65	165
2011	4	2025	46
2011	3	969	120
2011	2	4	81
2011	1	5	277
2010	4	76	87
2010	3	68	18
2010	2	100	241
2010	1	129	101
2009	4	623	440
2009	3	382	74
2009	2	747	496
2009	1	42	218
2008	4	1845	94
2008	3	626	298
2008	2	947	129
2008	1	321	590
2007	4	1335	874
2007	3	1310	477
2007	2	236	663
2007	1	236	64
2006	4	289	721

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

CURRENT

---

●CHANGES IN SHAREHOLDING
●ANNUAL REPORTS

HISTORICAL

---

●CHANGES IN SHAREHOLDING

ARCHIVES

---

●CHANGES IN SHAREHOLDING