KLCI Stock - MAHSING / 8583 - 2012 Quarter 3

MAH SING GROUP BERHAD


Company Description

Mah Sing Group Berhad is an investment holding company engaged in the provision of management services to subsidiary companies. The Company operates in two business segments: Properties, which is engaged in investment, construction, management and development of residential, commercial and industrial properties, and Plastics, which is engaged in the manufacture, assembly and sale of a range of plastic moulded products. The Company's commercial developments include The Icon Jalan Tun Razak, Southgate Commercial Centre and StarParc Point. Its residential developments include Klang Valley, Penang Island and Johor Bahru. In December 2008, the Company disposed of its 70% interest in Ultimate Factor Sdn Bhd. In April 2009, the Company acquired Myvilla Development Sdn Bhd. In September 2009, the Company acquired Grand Pavilion Development Sdn Bhd and Klassik Tropika Development Sdn Bhd. In December 2009, it incorporated a wholly owned subsidiary, Mah Sing International (HK) Limited.

Company Info

Listing Date	1992-10-28
Market Capital (Capital Size)	1,921,885,957 (Large)
Par Value	RM 0.50
Board	Main
Sector	Properties
Major Industry	Property Development
Sub Industry	Plastic
Website	http://www.mahsing.com.my

My Analysis

Forecast P/E now	(2.29-0.11)/0.2686 = 8.12 (Moderate)
Target Price	2.42+0.11 = 2.53 (PE 9.0, EPS 0.2686, DPS 0.11)
Decision	BUY if stock price sustain and uptrend whenever MACD bullish or wait rebound around SMA100
Comment	Revenue decreased 7.5% and was second consecutive quarter decreasing but still slightly higher than preceding year corresponding quarter, eps decreased 8.8% but higher than preceding year corresponding quarter 30.3%, cash generated from operating not enough to cover financing expenses hence spent 21.3% of Group cash to cover all other expenses, gross margin near to last 3 years high, liquidity ratio indicate can meet current obligation unless property sales lagging, high gearing ratio with high profit indicate great deal of leverage but still concern on lender issue, benefit from shorter receivables collection period than payables repayment period which got more cash on hand but inventory consumes many cash, higher property development cost can indicate more property development projects which can contribute higher income in the future
First Support Price	2.2
Second Support Price	2.0
Risk Rating	MODERATE

Research House

OSK Target Price	2.69 (2012-05-29)
HLG Target Price	2.53 (2012-09-20)
RHB Target Price	2.5 (2012-10-19)
AMMB Target Price	3.6 (2012-11-20)
CIMB Target Price	2.71 (2012-11-20)
Kenanga Target Price	2.45 (2012-11-20)
Maybank Target Price	2.45 (2012-11-20)
MIDF Target Price	2.85 (2012-11-20)
TA Target Price	3.02 (2012-11-20)

Accounting Ratio

Return on Equity	20.48%
Dividend Yield	4.80%
Gross Profit Margin	29.31%
Operating Profit Margin	17.89%
Net Profit Margin	18.09%
Tax Rate	26.06%
Asset Turnover	0.5641
Net Asset Value Per Share	1.4
Net Tangible Asset per share	1.39
Price/Net Tangible Asset Per Share	1.65
Cash Per Share	0.64
Liquidity Current Ratio	2.7935
Liquidity Quick Ratio	1.0187
Liquidity Cash Ratio	0.5398
Gearing Debt to Equity Ratio	1.6143
Gearing Debt to Asset Ratio	0.6155
Working capital per thousand Ringgit sale	103.2%
Days to sell the inventory	521
Days to collect the receivables	99
Days to pay the payables	268

Technical Analysis

SMA 10	2.258 (Uptrend)
SMA 20	2.263 (Downtrend 2 days)
SMA 50	2.213 (Uptrend)
SMA 100	2.169 (Uptrend)
SMA 200	2.063 (Uptrend)
MACD (26d/12d)	0.014098 ( 0.001416 )
Signal (9)	0.012657 ( 0.00036 )
MACD Histogram	0.001441 (Bullish trend 2 days)
Bolinger Upper Band	2.356
Bolinger Lower Band	2.17

My notes based on 2012 quarter 3 report (number in '000):-
- Property development margin improved compared to the previous year due mainly to changes in property mix

- Plastics segment profit margin was affected by foreign exchange difference and higher staff costs as a result of minimum wage ruling in Indonesia

- The lower current quarter profit before taxation compared to the immediate preceding quarter was due mainly to fluctuation in percentage of completion of development activities for certain property projects

- Estimate next 4Q eps after 2012 Q3 result announced = 1196873*0.19/846708 = 0.2686, estimate PE on current price 2.29 = 8.12(DPS 0.11)
- Estimate next 4Q eps after 2012 Q2 result announced = 1142523*0.22/842207 = 0.2984, estimate highest/lowest PE = 7.84/6.3 (DPS 0.11)
- Estimate next 4Q eps after 2012 Q1 result announced = 1151402*0.21/844481 = 0.2863, estimate highest/lowest PE = 8.36/6.51 (DPS 0.076)
- Estimate next 4Q eps after 2011 Q4 result announced = 1088489*0.18/853767 = 0.2295, estimate highest/lowest PE = 9.69/7.73 (DPS 0.076)
- Estimate next 4Q eps after 2011 Q3 result announced = 0.0499*4*0.95 = 0.1896, estimate highest/lowest PE = 11.2/8.41 (DPS 0.076)
- Estimate next 4Q eps after 2011 Q2 result announced = 0.0504*4 = 0.2016, estimate highest/lowest PE = 12.12/7.01 (DPS 0.076)
- Estimate next 4Q eps after 2011 Q1 result announced = 0.0485*4 = 0.194, estimate highest/lowest PE = 13.47/10.64 (DPS 0.076)
- Estimate next 4Q eps after 2010 Q4 result announced = 0.0376*4*1.1 = 0.1654, estimate highest/lowest PE = 16.05/13.2 (DPS 0.076)
- Estimate next 4Q eps after 2010 Q3 result announced = 0.0357*4*1.1 = 0.1571, estimate highest/lowest PE = 17.6/10.85 (DPS 0.065)
- Estimate next 4Q eps after 2010 Q2 result announced = 0.0355*4*1.1 = 0.1562, estimate highest/lowest PE = 12.45/10.47 (DPS 0.065)
- Estimate next 4Q eps after 2010 Q1 result announced = 0.034*4*1.1 = 0.1496, estimate highest/lowest PE = 12.13/9.99 (DPS 0.065)
- Estimate next 4Q eps after 2009 Q4 result announced = 0.0388*4 = 0.1552, estimate highest/lowest PE = 12.6/10.53 (DPS 0.065)
- Estimate next 4Q eps after 2009 Q3 result announced = 0.0373*4 = 0.1492, estimate highest/lowest PE = 12.73/10.72 (DPS 0.08)
- Estimate next 4Q eps after 2009 Q2 result announced = 0.0366*4 = 0.1464, estimate highest/lowest PE = 13.66/11.61 (DPS 0.08)
- Estimate next 4Q eps after 2009 Q1 result announced = 0.036*4 = 0.144, estimate highest/lowest PE = 13.68/11.39 (DPS 0.08)
- Estimate next 4Q eps after 2008 Q4 result announced = 0.0271*4 = 0.1084, estimate highest/lowest PE = 16.33/13.28 (DPS 0.08)

MAHSING latest news (English)

MAHSING 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
2012-11-19	2012	3	N/A	N/A	-	5.07%	16.10%	420843	1333818	76117	243239	55232	175218	0.0650	0.2069	3112583	2821847	1915710	1010145	10150	1196873	115594	83347	167076	634104	32247	134829	499275	849127	846708	1944500	2012-09-30	29.31%	17.89%	18.09%	26.06%	0.5641	-	1.4	1.39	1.65	0.64	2.7935	1.0187	0.5398	1.6143	0.6155	103.2%	521	99	268
2012-08-16	2012	2	2.45	1.99	-	5.52%	11.02%	455200	912975	82938	167122	60066	119986	0.0713	0.1425	3104287	2828908	1961764	1067652	12647	1142523	61611	80030	97435	634115	18419	115854	518261	842768	842207	2005787	2012-06-30	28.57%	17.62%	18.22%	27.47%	0.5656	-	1.34	1.33	1.79	0.66	2.6497	1.0173	0.5198	1.7363	0.632	100.3%	502	109	264
2012-05-28	2012	1	2.47	1.94	-	5.50%	5.50%	457775	457775	84184	84184	59920	59920	0.0710	0.0710	3047124	2786268	1895722	942058	15047	1151402	4756	69003	18522	633956	64247	82769	551187	844481	844481	1672072	2012-03-31	28.91%	18.22%	18.39%	28.75%	0.5634	-	1.35	1.33	1.49	0.69	2.9576	1.1901	0.6169	1.6682	0.6221	107.4%	489	113	256
2012-02-28	2011	4	2.3	1.85	0.11	4.38%	18.00%	422126	1570696	57228	238628	41032	168556	0.0477	0.1974	2850381	2606694	1761892	807834	15338	1088489	37365	48128	465184	254524	85493	379691	634215	859899	853767	1848782	2011-12-31	26.81%	12.33%	13.56%	29.10%	0.551	10.8901	1.26	1.26	1.71	0.77	3.2268	1.2711	0.8241	1.6418	0.6181	114.5%	506	83	236
2011-11-21	2011	3	2.2	1.67	-	4.62%	13.62%	420696	1148570	61226	181400	43224	127524	0.0499	0.1491	2651096	2454117	1604347	632291	15817	1046749	163398	14195	313185	253677	177593	135592	389269	866504	855264	1681017	2011-09-30	26.84%	14.09%	14.55%	28.97%	0.5461	-	1.21	1.21	1.6	0.69	3.8813	1.4399	0.9454	1.5562	0.6052	125.8%	540	78	191
2011-08-17	2011	2	2.52	1.49	-	4.61%	9.00%	416119	727874	61985	120174	43132	84300	0.0504	0.0989	2864999	2689622	1871404	1002805	17969	993595	22903	6501	565251	245175	29404	535847	781022	855385	852422	2095693	2011-06-30	27.68%	14.86%	14.90%	31.16%	0.4575	-	1.14	1.14	2.15	0.94	2.6821	1.1095	0.8011	1.9182	0.6532	128.7%	615	84	297
2011-05-25	2011	1	2.69	2.14	-	4.40%	4.40%	311755	311755	58189	58189	41168	41168	0.0485	0.0485	2299988	2129466	1320339	911579	18419	979649	108973	1529	136520	245520	110502	26018	271538	848387	848387	2205806	2011-03-31	29.11%	18.71%	18.66%	27.99%	0.5146	-	1.13	1.13	2.3	0.32	2.336	0.7643	0.3022	1.3736	0.5741	102.9%	619	128	305
2011-02-25	2010	4	2.73	2.26	0.076	3.67%	13.83%	299284	1110108	39212	177865	31350	118071	0.0376	0.1419	2137743	1968092	1201287	826727	17590	936456	305605	16200	222508	345776	321805	99297	246479	833403	832072	2091841	2010-12-31	28.72%	12.19%	13.10%	17.60%	0.5193	17.6885	1.1	1.1	2.28	0.37	2.3806	0.8958	0.3733	1.3074	0.5619	102.8%	566	140	309
2010-11-29	2010	3	2.83	1.77	-	3.48%	10.16%	283462	810824	48975	138653	29678	86721	0.0357	0.1043	1772086	1654210	871491	488384	16760	900595	299414	23640	177997	346716	323054	145057	201659	831604	831617	1538467	2010-09-30	29.30%	17.44%	17.28%	34.91%	0.598	-	1.06	1.06	1.75	0.28	3.3871	1.2697	0.4749	0.986	0.4918	110.0%	481	130	185
2010-08-24	2010	2	2.01	1.7	-	3.42%	6.68%	289050	527362	47965	89678	29159	57043	0.0355	0.0752	1630036	1514644	757108	441956	14896	872928	19120	241456	158300	356564	222336	64036	292528	821061	758112	1535384	2010-06-30	27.26%	16.73%	16.59%	32.06%	0.5591	-	1.13	1.13	1.65	0.36	3.4271	1.4622	0.6643	0.8824	0.4645	117.7%	472	139	188
2010-05-26	2010	1	1.88	1.56	-	3.27%	3.27%	238312	238312	41713	41713	27884	27884	0.0402	0.0402	1371481	1255431	490174	299253	11508	881307	214740	3625	33460	351791	218365	184905	166886	693038	693038	1081139	2010-03-31	29.60%	17.67%	17.50%	24.17%	0.5757	-	1.26	1.26	1.24	0.24	4.1952	1.4076	0.565	0.5635	0.3574	121.1%	526	114	160
2010-02-22	2009	4	2.02	1.47	0.065	3.60%	13.53%	248871	701562	48469	144243	25090	94282	0.0388	0.1487	1546548	1434762	693080	530580	7774	853468	174827	6628	28044	160321	168199	196243	356564	646473	633872	1163651	2009-12-31	17.43%	19.57%	19.48%	45.55%	0.4536	12.1017	1.33	1.33	1.35	0.61	2.7041	1.0995	0.7475	0.8195	0.4481	128.9%	604	94	311
2009-10-28	2009	3	1.98	1.68	-	3.38%	9.93%	135143	452691	32365	95774	23523	69192	0.0373	0.1099	1206783	1099220	476687	271900	6588	730096	37233	5880	1961	160352	43113	45074	115278	630038	629622	1121467	2009-09-30	35.16%	24.25%	23.95%	26.61%	0.5008	-	1.15	1.15	1.55	0.19	4.0427	1.6674	0.4428	0.6589	0.395	136.9%	571	198	187
2009-08-19	2009	2	2.09	1.77	-	3.31%	6.56%	167233	317548	32290	63409	23038	45669	0.0366	0.0726	1204071	1093524	497348	283213	6467	706723	43350	5133	45291	160383	48483	3192	157191	629588	629375	1259176	2009-06-30	29.24%	19.73%	19.31%	27.14%	0.5258	-	1.11	1.11	1.8	0.25	3.8611	1.7057	0.5618	0.7102	0.4131	128.0%	508	182	156
2009-05-28	2009	1	2.06	1.72	-	3.25%	3.25%	150315	150315	31119	31119	22631	22631	0.0360	0.0360	1205723	1093389	485339	282199	6171	720384	39713	4094	23104	160439	43807	20703	139736	629429	629429	1132972	2009-03-31	31.53%	21.25%	20.70%	28.75%	0.5485	-	1.13	1.13	1.59	0.25	3.8745	1.6345	0.5469	0.6795	0.4025	122.7%	523	164	184
2009-02-24	2008	4	1.92	1.5	0.08	2.69%	14.65%	151660	651639	26793	136006	17076	93168	0.0271	0.1483	1199513	1086913	502903	317580	6335	696610	7417	54970	22372	200367	62387	40015	160352	629170	628225	1000380	2008-12-31	31.50%	17.83%	17.67%	38.60%	0.5433	10.7213	1.1	1.1	1.45	0.27	3.4225	1.3556	0.5423	0.7286	0.4193	118.1%	551	140	222
2008-11-28	2008	3	1.62	1.5	-	2.60%	11.97%	163893	499979	25437	109213	16536	76092	0.0263	0.1212	1138338	1025238	458784	254242	6936	679554	44646	55034	34498	200365	99680	65182	135183	628623	627888	980651	2008-09-30	31.01%	15.58%	15.52%	33.77%	0.545	-	1.07	1.07	1.46	0.23	4.0325	1.5905	0.5646	0.6821	0.403	124.3%	565	153	194
2008-07-30	2008	2	1.64	1.2	-	5.86%	9.37%	195421	336086	52861	83776	37247	59556	0.0594	0.0949	1171400	1069648	474852	247818	6303	696548	97051	43839	83292	200356	140890	57598	142758	627452	627632	934903	2008-06-30	37.81%	27.52%	27.05%	29.38%	0.5321	-	1.1	1.1	1.35	0.23	4.3163	1.6798	0.5882	0.6879	0.4054	131.8%	592	158	201
2008-05-29	2008	1	1.52	1.18	-	3.51%	3.51%	140665	140665	30915	30915	22309	22309	0.0355	0.0355	1071662	1010243	413766	229229	5293	657896	67026	2176	3963	200352	69202	73165	127187	627762	627762	941643	2008-03-31	31.29%	22.91%	21.98%	27.81%	0.5342	-	1.04	1.04	1.44	0.21	4.4071	1.7699	0.5702	0.634	0.3861	136.4%	578	175	194
2008-02-28	2007	4	1.85	1.27	0.08	6.36%	25.33%	120404	573365	29461	117705	20367	81126	0.0324	0.1409	1110124	1050628	474352	278785	5455	635772	102654	4920	265614	42318	107574	158040	200358	628352	575832	1156167	2007-12-31	42.18%	25.91%	24.47%	30.46%	0.5165	13.0603	1.09	1.09	1.69	0.32	3.7686	1.5721	0.7308	0.7526	0.4273	134.6%	576	143	243
2007-11-27	2007	3	2.17	1.75	-	7.00%	18.97%	166863	452961	34183	88244	22424	60759	0.0357	0.1088	1050776	989931	435088	211904	5481	615688	111687	7645	294216	42298	119332	174884	217182	627656	558392	1179993	2007-09-30	31.19%	21.43%	20.49%	33.52%	0.5589	-	1.09	1.09	1.72	0.35	4.6716	2.1461	1.0341	0.713	0.4141	132.5%	473	146	167
2007-08-27	2007	2	1.92	1.69	-	6.38%	11.97%	144537	286098	29065	54061	20421	38335	0.0375	0.0730	1068452	1010068	452015	230825	5238	616437	128675	3368	327664	42301	132043	195621	237922	544854	525392	1378480	2007-06-30	30.30%	20.60%	20.11%	28.15%	0.3934	-	1.16	1.16	2.18	0.44	4.3759	2.0274	1.0452	0.7396	0.4231	185.4%	664	197	226
2007-05-30	2007	1	N/A	N/A	-	5.59%	5.59%	141561	141561	24996	24996	17914	17914	0.0354	0.0354	822729	765457	420339	189975	4684	402390	100819	1080	144522	42301	101899	42623	84924	506339	506339	1260784	2007-03-31	27.33%	18.55%	17.66%	27.34%	0.3353	-	0.79	0.79	3.15	0.18	4.0293	1.4014	0.4717	1.0569	0.5109	208.6%	925	233	260
2007-02-28	2006	4	N/A	N/A	0.12	N/A	N/A	134271	495625	25759	93284	17257	65370	0.0368	0.1442	746742	688461	426443	292186	4522	320299	62203	4822	53523	38447	57381	3858	42305	468845	453361	1575319	2006-12-31	29.83%	20.08%	19.18%	32.14%	0.1798	23.3026	0.7	0.7	4.8	0.09	2.3562	0.623	0.1472	1.3505	0.5711	295.1%	1962	378	903

Financial Quarter Balance Sheet

year	qrt	Deferred tax assets (A-0)	Intangible assets (A-0)	Investment in associated companies (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)	Cash and cash equivalents (A-1)	Current tax assets (A-1)	Derivative financial assets (A-1)	Inventories (A-1)	Prepaid lease payments (A-1)	Property development costs (A-1)	Trade receivables (A-1)	Deferred tax liabilities (L-0)	Guaranteed redeemable convertible exchangeable bonds (L-0)	Long term payables (L-0)	Term loans (L-0)	Bank overdraf (L-1)	Current tax liabilities (L-1)	Dividend payable (L-1)	Loans & borrowings (L-1)	Term loans (L-1)	Trade and other payables (L-1)	Minority interest (M-1)
2012	3	51965	12829	-	59450	71869	-	7375	87248	545302	5598	-	38315	-	1754519	478113	22372	276474	8030	598689	-	63716	-	8100	16745	921584	10150
2012	2	33102	12968	-	59454	71869	-	7757	90229	555014	7521	-	37843	-	1704931	523599	22108	271932	9764	590308	272	53988	68792	5622	22912	916066	12647
2012	1	28266	12968	-	59170	71869	-	2745	85838	581156	7317	-	36829	-	1628251	532715	21956	272739	10722	648247	-	35408	-	4822	30464	871364	15047
2011	4	27457	70	-	56076	71869	-	2890	85325	665717	5529	-	43781	-	1536097	355570	6888	268298	12364	666508	150	32444	-	4022	34981	736237	15338
2011	3	23082	70	-	30609	62889	-	2970	77359	597789	2679	-	29181	-	1514494	309974	7621	269043	4943	690449	-	50409	-	2260	32746	546876	15817
2011	2	11582	70	-	30609	62889	-	2951	67276	803368	6204	-	30355	-	1546645	303050	7621	265999	4913	590066	-	40217	47399	62754	91819	760616	17969
2011	1	9084	70	-	30609	62889	-	3033	64837	275468	6743	-	33654	-	1399076	414525	1838	-	3805	403117	-	26124	-	63780	115001	706674	18419
2010	4	6864	70	-	30609	62889	-	3149	66070	308647	5853	-	33183	-	1194326	426083	1838	-	4191	368531	74	21056	-	61670	73019	670908	17590
2010	3	-	-	-	7012	49103	-	3230	58531	231916	9630	-	32277	-	1001834	378553	1807	-	1684	379616	-	40668	-	730	48590	398396	16760
2010	2	-	-	-	-	47099	-	10451	57842	293579	6682	-	30855	-	837539	345989	1807	-	3725	309620	-	30666	40539	760	24970	345021	14896
2010	1	-	2	-	-	47099	-	10573	58376	169066	5867	11	30454	-	803751	246282	1807	-	4045	185069	2013	18730	-	300	24465	253745	11508
2009	4	-	4	-	-	47099	-	3701	60982	396626	5899	-	29947	-	821447	180843	1807	-	19227	141466	705	17618	-	7350	66358	438549	7774
2009	3	700	6	-	-	47099	-	3827	55931	120391	5833	-	29119	-	616730	327147	1268	-	3290	200229	28	12518	-	2267	45699	211388	6588
2009	2	700	8	-	-	47099	-	5198	57542	159111	9038	-	32531	-	577930	314914	818	-	2710	210607	582	14777	37797	1940	41135	186982	6467
2009	1	700	10	-	-	47099	-	5369	59156	154335	9376	-	31746	-	600378	297554	618	-	2768	199754	438	13655	-	2338	42820	222948	6171
2008	4	700	12	-	-	47099	1	5330	59458	172236	8720	-	31769	-	624626	249562	618	-	2776	181929	29	15234	-	2117	35012	265188	6335
2008	3	465	14	-	-	47099	1	5394	60127	143546	-	-	31292	-	589578	260822	8	-	3163	201371	-	13819	-	4308	22807	213308	6936
2008	2	-	16	-	-	37776	1	5340	58619	145764	-	-	32691	-	620676	270517	8	-	3004	224022	15	13177	-	3550	8859	222217	6303
2008	1	-	18	-	-	-	1	5368	56032	130709	-	-	33983	-	570549	275002	7	-	52276	132254	538	9190	-	8758	7578	203165	5293
2007	4	-	20	26	-	-	1	5542	53907	203727	9380	-	43018	-	569325	225178	7	-	52576	142984	385	5593	-	7832	6125	258850	5455
2007	3	-	22	26	-	-	1	5372	55424	219138	-	-	18200	339	516964	235290	1325	-	52788	169071	1891	7864	-	12141	1171	188837	5481
2007	2	-	24	26	-	-	1	5482	52851	241248	-	-	15826	349	526263	226382	1691	-	53016	166483	3261	17756	-	23710	1991	184107	5238
2007	1	-	26	26	-	-	1	5569	51650	89620	-	-	16529	349	482702	176257	1691	-	58398	170275	4631	13796	-	28359	2812	140377	4684
2006	4	-	28	26	-	-	1	6067	52159	43013	-	-	16254	-	490168	139026	1543	-	59318	73396	643	11114	-	22540	24890	232999	4522

Financial Quarter Income Statement

year	qrt	Revenue	Income tax expense	Cost of sales	Finance/interest costs	Other income	Administrative/Operating expenses	Minority interest	Finance/interest income	Selling and distribution costs	Other expenses
2012	3	420843	19833	297486	451	7755	28323	1052	1282	18460	9043
2012	2	455200	22785	325155	547	7810	29757	87	3301	19240	8674
2012	1	457775	24207	325429	472	4959	27437	57	1253	16923	9542
2011	4	422126	16652	308966	1516	5281	29046	456	6688	15374	21965
2011	3	420696	17738	307788	658	298	23795	264	2602	22992	7137
2011	2	416119	19316	300943	579	440	25817	463	727	22101	5861
2011	1	311755	16285	221003	286	419	18820	736	149	8101	5924
2010	4	299284	6902	213338	842	795	27920	960	3573	19361	2979
2010	3	283462	17098	200394	771	428	17398	2199	300	8084	8568
2010	2	289050	15378	210262	504	627	13612	3428	105	8877	8562
2010	1	238312	10084	167769	514	359	13748	3745	125	6490	8562
2009	4	248871	22080	205503	560	43473	23473	1299	335	14674	-
2009	3	135143	8611	87622	607	3313	12337	231	200	5725	-
2009	2	167233	8765	118337	711	1026	11403	487	11	5529	-
2009	1	150315	8946	102922	738	205	11166	458	85	4490	-
2008	4	151660	10341	103884	951	1313	14818	624	699	7226	-
2008	3	163893	8589	113065	1030	186	10195	312	931	15283	-
2008	2	195421	15530	121529	1087	235	14295	84	160	6044	-
2008	1	140665	8598	96649	1242	1126	9950	8	72	2963	-
2007	4	120404	8973	69619	1573	297	13862	121	162	6024	-
2007	3	166863	11457	114821	1693	441	12534	302	116	4189	-
2007	2	144537	8182	100743	1975	126	10281	462	1266	3865	-
2007	1	141561	6835	102870	1354	577	9680	247	86	3324	-
2006	4	134271	8279	94220	1449	787	10447	223	251	3434	-

Financial Quarter Segments Revenue

year	qrt	Elimination/Adjustment	Investment holding and others	Property	Plastics
2012	3	20875	24317	364675	52726
2012	2	53383	55460	402206	50917
2012	1	10330	12495	405759	49851
2011	4	34004	34362	370133	51635
2011	3	14189	15868	367444	51573
2011	2	69668	71649	363739	50399
2011	1	16080	16437	262395	49003
2010	4	34894	35216	248510	50452
2010	3	2	685	238140	44639
2010	2	551	58	241882	46675
2010	1	558	1147	195903	41820
2009	4	8290	8540	212828	35793
2009	3	4504	5107	98964	35576
2009	2	7	698	130504	36038
2009	1	7	824	121695	27803
2008	4	9258	10251	119066	31601
2008	3	4736	5725	122648	40256
2008	2	26	839	156858	37750
2008	1	28	1042	103535	36116
2007	4	277129	278790	86649	32094
2007	3	44	1569	133979	31359
2007	2	51	335	111041	33212
2007	1	51	246	111713	29653
2006	4	42114	42136	104633	29616

Financial Quarter Segments Profit

year	qrt	Elimination/Adjustment	Investment holding and others	Property	Plastics
2012	3	20835	22999	69772	3350
2012	2	53058	54533	74687	4022
2012	1	10245	2281	87977	3390
2011	4	28700	23709	54765	2282
2011	3	19443	15795	59237	3693
2011	2	70322	58325	69006	4828
2011	1	13825	9348	57275	5528
2010	4	32590	24897	39501	4673
2010	3	974	9463	53618	4317
2010	2	588	3712	46349	5139
2010	1	4799	7446	41376	3373
2009	4	8290	3464	51318	2202
2009	3	4503	2627	31601	3047
2009	2	8	1450	31231	3217
2009	1	128	1082	32368	784
2008	4	9203	7503	29006	261
2008	3	5347	3847	23711	3325
2008	2	538	1447	52591	3182
2008	1	588	2167	32168	1640
2007	4	277436	277382	29062	2188
2007	3	497	132	34449	1696
2007	2	913	808	28234	3241
2007	1	260	901	25410	2015
2006	4	42291	42060	26473	715

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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