KLCI Stock - DIALOG / 7277 - 2013 Quarter 1

DIALOG GROUP BERHAD


Company Description

DIALOG GROUP BERHAD is an investment holding company, which manages various subsidiary companies, which serves a spectrum of the oil, gas and petrochemical industries. The principal activities of the subsidiary companies are provision of specialist technical services and products, provision of engineering, construction and maintenance services, petroleum retailing, fabrication and provision of centralized tankage facilities to the oil, gas and petrochemical industry. Its subsidiaries include Dialog E & C Sdn Bhd, Dialog Plant Services Sdn Bhd, Saga Dialog Sdn Bhd, Dialog Systems Sdn Bhd, Dialog E & I Sdn Bhd, Dialog Fabricators Sdn Bhd, Pacific Advance Composites Sdn Bhd and Dialog Petroleum Sdn Bhd, among others. In January 2008, the Company incorporated a subsidiary, Dialog Services, Inc. In September 2008, it acquired 15% and 51% equity stakes in ePetrol Holding Sdn Bhd and ePetrol Services Sdn Bhd respectively.

Company Info 

Listing Date	1996-05-06
Market Capital (Capital Size)	5,862,092,822 (Very Large)
Par Value	RM 0.10
Board	Main
Sector	Trading/Services
Major Industry	Oil & Gas Services
Sub Industry	Catalyst & Process Material Handling Services
Website	http://www.dialog.com.my

My Analysis 

Forecast P/E now	(2.42-0.031)/0.0851 = 28.07 (Moderate)
Target Price	2.55+0.031 = 2.58 (PE 30.0, EPS 0.0851, DPS 0.031)
Decision	BUY if stock price strong sustain and uptrend above 2.4 or wait rebound around SMA50 or SMA200
Comment	Revenue decreased 16.6% but higher than preceding year corresponding quarter 17.4%, eps decreased 3.8% and also lower than preceding year corresponding quarter 10.7%, negative net cash from operating hence increase borrowings and spent 24.9% to cover all other expenses, operating margin improve 1% to 11% but lower than highest of 14%, liquidity ratio indicate current assets is more than enough to meet current obligation, gearing ratio indicate liabilities risk got improve, all accounting of turnover period is short which can generate cash, compared to corresponding period then most segment was growth
First Support Price	2.37
Second Support Price	2.28
Risk Rating	MODERATE

Research House

BIMB Target Price	2.7 (2012-08-14)
AMMB Target Price	3.14 (2012-11-21)
CIMB Target Price	3 (2012-11-21)
HwangDBS Target Price	2.85 (2012-11-21)
Kenanga Target Price	2.79 (2012-11-21)
Maybank Target Price	3.05 (2012-11-21)
MIDF Target Price	2.8 (2012-11-21)
OSK Target Price	3.45 (2012-11-21)
RHB Target Price	2.69 (2012-11-21)

Accounting Ratio 

Return on Equity	25.15%
Dividend Yield	1.28%
Operating Profit Margin	10.98%
Net Profit Margin	13.49%
Tax Rate	19.58%
Asset Turnover	0.8143
Net Asset Value Per Share	0.53
Net Tangible Asset per share	0.51
Price/Net Tangible Asset Per Share	4.73
Cash Per Share	0.19
Liquidity Current Ratio	2.1727
Liquidity Quick Ratio	1.99
Liquidity Cash Ratio	0.8664
Gearing Debt to Equity Ratio	0.6477
Gearing Debt to Asset Ratio	0.3853
Working capital per thousand Ringgit sale	34.7%
Days to sell the inventory	22
Days to collect the receivables	121
Days to pay the payables	98

Technical Analysis 

SMA 10	2.42 (Uptrend)
SMA 20	2.41 (Downtrend 2 days)
SMA 50	2.379 (Uptrend)
SMA 100	2.373 (Uptrend)
SMA 200	2.322 (Same)
MACD (26d/12d)	0.011588 ( 0.000512 )
Signal (9)	0.011986 ( 0.0001 )
MACD Histogram	0.000398 (Bearish trend 1 day)
Bolinger Upper Band	2.459
Bolinger Lower Band	2.361

My notes based on 2013 quarter 1 report (number in '000):-
- Higher revenue and pbt than FY12Q1 due to EPCC works at Pengerang Independent Deepwater Terminal project in Malaysia and increased sales from Specialist Products & Services to overseas countries. In addition, the Group’s newly completed integrated offshore supply base in Jubail Commercial Port, Kingdom of Saudi Arabia, has commenced its operation offset by Singapore operation due to lesser engineering & construction and plant maintenance works undertaken

- Lower revenue and pbt than FY12Q4 mainly attributable to lower contribution from Plant Maintenance activities in Malaysia and Singapore

- Estimate next 4Q eps after 2013 Q1 result announced = 0.0851, estimate PE on current price 2.42 = 28.07(DPS 0.031)
- Estimate next 4Q eps after 2012 Q4 result announced = 1238028*0.16/2328586 = 0.0851, estimate highest/lowest PE = 29.37/26.19 (DPS 0.031)
- Estimate next 4Q eps after 2012 Q3 result announced = 1215186*0.15/2243624 = 0.0812, estimate highest/lowest PE = 30.92/26.49 (DPS 0.029)
- Estimate next 4Q eps after 2012 Q2 result announced = 693386*0.24/1993555 = 0.0835, estimate highest/lowest PE = 29.57/25.5 (DPS 0.031)
- Estimate next 4Q eps after 2012 Q1 result announced = 0.1085, estimate highest/lowest PE = 24.32/21.37 (DPS 0.031)
- Estimate next 4Q eps after 2011 Q4 result announced = 0.0226*4*1.2 = 0.1085, estimate highest/lowest PE = 25.43/16.21 (DPS 0.031)
- Estimate next 4Q eps after 2011 Q3 result announced = (0.0183+0.0193)*2*1.2 = 0.0902, estimate highest/lowest PE = 31.59/24.05 (DPS 0.031)
- Estimate next 4Q eps after 2011 Q2 result announced = (0.0183+0.0146)*2*1.05 = 0.0691, estimate highest/lowest PE = 38.77/30.38 (DPS 0.031)
- Estimate next 4Q eps after 2011 Q1 result announced = 0.0169*4*1.05 = 0.071(ROE 6% per quarter), estimate highest/lowest PE = 31.82/19.14 (DPS 0.031)
- Estimate next 4Q eps after 2010 Q4 result announced = 0.0146*4*1.05 = 0.0613, estimate highest/lowest PE = 23.8/16.95 (DPS 0.031)
- Estimate next 4Q eps after 2010 Q3 result announced = 0.0162*4*1.05 = 0.068(5% increase), estimate highest/lowest PE = 15.93/14.16 (DPS 0.037)
- Estimate next 4Q eps after 2010 Q2 result announced = 0.04*2 = 0.08, estimate highest/lowest PE = 14.3/11.5 (DPS 0.036)
- Estimate next 4Q eps after 2010 Q1 result announced = 0.0193*4 = 0.0772, estimate highest/lowest PE = 18.83/15.73 (DPS 0.036)
- Estimate next 4Q eps after 2009 Q4 result announced = 0.0659*1.1 = 0.0725, estimate highest/lowest PE = 18.4/15.64 (DPS 0.036)

DIALOG latest news (English)

DIALOG 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	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
2012-11-20	2013	1	N/A	N/A	-	3.78%	3.78%	416950	416950	56235	56235	46791	46791	0.0200	0.0200	2082276	1091169	802244	502208	41481	1280032	18268	171235	45593	577879	189503	143910	433969	2336042	2336042	5629861	2012-09-30	10.98%	13.49%	19.58%	0.8143	-	0.53	0.51	4.73	0.19	2.1727	1.99	0.8664	0.6477	0.3853	34.7%	22	121	98
2012-08-13	2012	4	2.53	2.26	0.02	8.00%	28.55%	499912	1633808	63834	224918	49614	177001	0.0208	0.0760	2049820	1176551	811792	554210	44427	1238028	129354	463529	636927	275632	334175	302752	578384	2382136	2328586	5788590	2012-06-30	9.99%	12.77%	19.66%	0.797	31.9685	0.51	0.5	4.86	0.24	2.1229	1.9464	1.0457	0.6801	0.396	38.1%	24	110	116
2012-05-10	2012	3	2.54	2.18	0.011	6.68%	20.55%	420038	1133896	56002	161084	41393	127387	0.0174	0.0568	1843070	1089206	627884	413006	44334	1215186	74755	329147	600168	273124	254392	345776	618900	2378908	2243624	5281175	2012-03-31	10.30%	13.33%	19.52%	0.8186	-	0.52	0.51	4.35	0.26	2.6373	2.4359	1.5069	0.5363	0.3407	44.8%	23	92	95
2012-02-14	2012	2	2.5	2.16	-	6.69%	13.87%	358620	713858	51676	105082	41452	85994	0.0208	0.0431	1251474	700625	558088	380608	39648	693386	47210	136249	89556	274272	89039	517	274789	1993555	1993555	4864274	2011-12-31	11.04%	14.41%	18.70%	1.1106	-	0.33	0.31	7.87	0.14	1.8408	1.7449	0.7369	0.8537	0.4459	23.0%	11	99	93
2011-11-16	2012	1	2.67	2.35	-	7.19%	7.19%	355238	355238	53406	53406	44542	44542	0.0224	0.0224	1083105	599887	404684	316490	39479	678421	25534	52116	13280	274741	77650	64370	210371	1990970	1990970	4778328	2011-09-30	11.54%	15.03%	18.61%	1.2001	-	0.32	0.3	8.0	0.11	1.8954	1.7778	0.6793	0.6334	0.3736	21.8%	12	97	85
2011-08-12	2011	4	2.79	1.79	0.018	8.76%	29.74%	374882	1208378	60483	200507	44870	152298	0.0226	0.0770	1081504	659892	461592	439240	36800	619912	168146	130271	27077	263528	37875	10798	274326	1985398	1978109	5003202	2011-06-30	13.76%	16.13%	21.94%	1.1173	32.7308	0.29	0.28	9.0	0.14	1.5023	1.3542	0.634	0.7916	0.4268	18.3%	23	95	115
2011-05-11	2011	3	2.88	2.2	0.013	7.49%	20.97%	301161	833496	51503	140024	38339	107428	0.0193	0.0543	973094	654713	373519	345443	40766	599575	146993	22417	31679	261163	124576	92897	354060	1986477	1979962	5363487	2011-03-31	14.29%	17.10%	20.13%	1.136	-	0.28	0.28	9.64	0.18	1.8953	1.7979	1.0327	0.6684	0.3838	28.0%	13	86	103
2011-02-16	2011	2	2.71	2.13	-	7.03%	13.49%	268532	532336	46985	88521	35995	69089	0.0183	0.0350	926080	610461	372642	346069	37934	553438	60593	3299	39618	260260	57294	17676	277936	1971293	1971293	4198854	2010-12-31	14.17%	17.50%	19.66%	1.1738	-	0.26	0.26	8.19	0.14	1.764	1.6219	0.8108	0.7229	0.4024	24.3%	19	92	105
2010-11-22	2011	1	2.29	1.39	-	6.46%	6.46%	263804	263804	41536	41536	33094	33094	0.0169	0.0169	907378	600378	364329	336183	35935	543049	10953	2850	285	258804	8103	8388	267192	1960191	1960191	2822675	2010-09-30	12.25%	15.75%	18.07%	1.2058	-	0.26	0.25	5.76	0.14	1.7859	1.698	0.8038	0.7184	0.4015	24.1%	11	99	99
2010-08-19	2010	4	1.49	1.07	0.018	6.55%	25.09%	271950	1139146	37777	150014	30895	118297	0.0157	0.0601	893714	577189	381533	309535	34688	512181	201900	56307	56756	169238	145593	88837	258075	1969522	1969522	2166474	2010-06-30	10.34%	13.89%	13.78%	1.2746	18.3139	0.24	0.24	4.58	0.13	1.8647	1.7979	0.8434	0.799	0.4269	23.5%	7	93	103
2010-05-12	2010	3	1.12	1.0	0.013	6.75%	18.54%	282774	867196	41103	112237	31840	87402	0.0161	0.0444	907828	605736	391232	331790	1539	516596	163028	41836	26846	171827	121192	94346	266173	1977640	1967530	2116074	2010-03-31	11.70%	14.54%	17.82%	1.3496	-	0.26	0.26	4.12	0.14	1.8257	1.7714	0.8112	0.7596	0.431	22.4%	6	93	100
2010-02-09	2010	2	1.18	0.96	-	6.07%	11.79%	275570	584422	36783	71134	28628	55562	0.0205	0.0399	856308	541510	367153	303038	32299	489155	87377	32705	23482	174633	54672	31190	205823	1393975	1393975	1867926	2009-12-31	10.43%	13.35%	17.65%	1.4155	-	0.33	0.32	4.19	0.15	1.7869	1.7272	0.6933	0.8037	0.4288	19.7%	6	92	92
2009-11-17	2010	1	1.49	1.25	-	5.71%	5.71%	308852	308852	34351	34351	26935	26935	0.0193	0.0193	826700	532654	332872	276305	31964	493828	35372	11583	1983	174903	23789	25772	200675	1396944	1396944	1885874	2009-09-30	9.26%	11.12%	18.43%	1.4235	-	0.33	0.32	4.22	0.15	1.9278	1.8605	0.7419	0.7207	0.4027	21.8%	6	94	86
2009-08-19	2009	4	1.37	1.17	0.024	7.53%	22.90%	357967	1104521	41528	123456	30242	91936	0.0216	0.0657	756682	476507	285270	236140	4319	471412	151321	42432	12482	78161	108889	96407	174568	1398635	1398635	1622416	2009-06-30	9.75%	11.60%	20.26%	1.4621	17.6472	0.33	0.33	3.52	0.13	2.0179	1.9284	0.7568	0.6107	0.377	21.7%	8	90	79
2009-05-14	2009	3	1.31	0.995	0.012	5.18%	15.37%	269729	746554	30361	81928	20801	61694	0.0149	0.0441	697835	408330	249565	203494	31455	448270	112476	33541	8675	76798	78935	87610	164408	1398724	1398724	1608532	2009-03-31	8.98%	11.26%	17.52%	1.3311	-	0.3	0.29	3.97	0.12	2.0066	1.8887	0.8235	0.5987	0.3576	22.1%	10	83	78
2009-02-17	2009	2	1.23	0.765	-	5.50%	10.19%	240282	476825	27697	51567	22078	40893	0.0158	0.0292	785387	450188	357011	330061	26120	428376	54350	17007	13095	76596	37343	50438	127034	1398750	1398750	1188937	2008-12-31	8.83%	11.53%	16.39%	1.1151	-	0.29	0.28	3.04	0.1	1.364	1.2545	0.4049	0.8875	0.4546	13.7%	16	114	125
2008-11-18	2009	1	0.895	0.725	-	4.69%	4.69%	238376	238376	23917	23917	18815	18815	0.0135	0.0135	717055	385991	290976	268495	25041	426079	12682	3639	8441	76942	9043	17484	94426	1398528	1398528	1223712	2008-09-30	6.94%	10.03%	15.67%	1.1824	-	0.29	0.28	3.12	0.07	1.4376	1.3779	0.373	0.7256	0.4058	13.9%	7	114	112
2008-08-21	2008	4	1.13	0.53	0.02	4.80%	22.20%	180492	790507	20484	97186	16357	75577	0.0117	0.0540	593320	320723	191922	173702	22149	401398	73388	28589	25100	56901	44799	19699	76600	1400255	1400255	1540280	2008-06-30	5.97%	11.35%	15.00%	1.3364	20.3803	0.27	0.27	4.07	0.06	1.8464	1.716	0.4551	0.5061	0.3235	18.5%	11	99	81
2008-05-21	2008	3	1.58	1.08	0.011	6.54%	17.39%	216619	610015	27819	76702	22260	59220	0.0159	0.0423	634358	337687	242428	224356	21095	391930	22508	26562	30582	56017	4054	26528	82545	1400536	1400536	2128814	2008-03-31	9.85%	12.84%	17.01%	1.2293	-	0.26	0.26	5.85	0.06	1.5051	1.4068	0.3959	0.6537	0.3822	14.5%	11	106	93
2008-02-19	2008	2	1.64	1.27	-	5.88%	10.86%	212364	395773	26509	48990	20012	36960	0.0143	0.0264	586462	321569	217245	199434	20017	369217	9501	34702	21850	56828	25201	3351	53477	1400973	1400973	2157498	2007-12-31	9.12%	12.48%	16.85%	1.1458	-	0.25	0.24	6.42	0.04	1.6124	1.5112	0.2866	0.6221	0.3704	18.2%	12	133	99
2007-11-20	2008	1	1.91	1.47	-	4.98%	4.98%	183409	183409	22481	22481	16948	16948	0.0121	0.0121	560875	281815	200212	183431	18001	360663	20858	43034	53398	56718	63892	10494	46224	1400661	1400661	2367117	2007-09-30	8.50%	12.26%	15.40%	0.9969	-	0.24	0.24	7.04	0.04	1.5364	1.4606	0.2763	0.5843	0.357	17.6%	10	142	96
2007-08-21	2007	4	1.8	1.61	0.012	N/A	N/A	167452	476633	15584	58970	12778	49280	0.0092	0.0353	479798	235651	139348	137383	15931	340450	20343	26443	35750	45015	46786	11036	56051	1395845	1395845	2205435	2007-06-30	5.29%	9.31%	15.11%	0.783	44.7531	0.23	0.23	6.87	0.04	1.7153	1.5503	0.4396	0.4294	0.2904	26.2%	23	148	138
2007-05-15	2007	3	N/A	N/A	0.01	N/A	N/A	108745	309181	14200	43386	12537	36502	0.0090	0.0262	422179	212261	84997	83730	15062	337182	701	31127	24775	44884	30426	5651	50535	1393321	1393321	2159647	2007-03-31	5.50%	13.06%	9.83%	0.4933	-	0.23	0.23	6.74	0.05	2.5351	2.1726	0.818	0.2639	0.2013	61.7%	57	199	149
2007-02-26	2007	2	N/A	N/A	-	N/A	N/A	99506	200436	14101	29186	11174	23965	0.0080	0.0173	413900	222100	85712	84761	16898	328188	4827	26542	23776	45228	31369	7593	52821	1388094	1388094	1235403	2006-12-31	7.34%	14.17%	11.77%	0.2404	-	0.22	0.22	4.05	0.06	2.6203	2.239	1.0391	0.2753	0.2071	138.0%	-	373	N/A

Financial Quarter Balance Sheet

year	qrt	Deferred tax assets (A-0)	Development of tank terminals (A-0)	Intangible assets (A-0)	Investment in associated companies (A-0)	Other investments (A-0)	Property, plant and equipment (A-0)	Cash and cash equivalents (A-1)	Current tax assets (A-1)	Inventories (A-1)	Trade receivables (A-1)	Deferred tax liabilities (L-0)	Loans & borrowings (L-0)	Current tax liabilities (L-1)	Loans & borrowings (L-1)	Trade and other payables (L-1)	Minority interest (M-1)
2013	1	17210	115602	35829	448970	37579	335917	435136	2550	91790	561693	2561	297475	20095	73403	408710	41481
2012	4	16706	84234	36178	371939	31105	333107	579550	4932	97816	494253	2794	254788	20326	69105	464779	44427
2012	3	15926	52991	35883	322826	28650	297588	622369	3634	83165	380038	3223	211655	17107	50550	345349	44334
2012	2	13368	-	36227	225172	5447	270635	280461	4818	36485	378861	3373	174107	17289	55013	308306	39648
2012	1	12661	-	36742	186061	2442	245312	214985	2472	37236	345194	3166	85028	16817	38360	261313	39479
2011	4	13887	-	33631	147962	2414	223718	278463	3258	65091	313080	3931	18421	19769	91629	327842	36800
2011	3	14905	-	8497	134786	2417	157776	356727	3402	33638	260946	7749	20327	20423	54323	270697	40766
2011	2	13989	-	8433	142870	2412	147915	280591	5974	49183	274713	4487	22086	22950	48023	275096	37934
2011	1	9981	-	8451	135277	2402	150889	270239	4579	29546	296014	4103	24043	17742	55266	263175	35935
2010	4	8819	-	8436	143129	2430	153711	261062	5054	20667	290406	6134	65864	12919	9539	287077	34688
2010	3	12733	-	5258	128255	2433	153413	269163	7840	17995	310738	1539	57903	21919	8797	301074	1539
2010	2	9945	-	5691	142418	2462	154282	210099	8963	18090	304358	2683	61432	19547	7946	275545	32299
2010	1	8443	-	8602	121485	2435	153081	204984	5501	18594	303575	3650	52917	14818	8898	252589	31964
2009	4	7878	-	8650	105855	2434	155358	178714	3946	21132	272715	4319	44811	10558	7207	218375	4319
2009	3	7161	-	5892	118772	3296	154384	167581	5288	23992	211469	2468	43603	9252	11503	182739	31455
2009	2	5585	-	5943	93295	3288	227088	133657	7282	36114	273135	4529	22421	8363	45680	276018	26120
2009	1	4872	-	6685	107124	3294	209089	100158	5277	16022	264534	2672	19809	8449	21146	238900	25041
2008	4	4760	-	6265	118871	2076	140625	79053	3440	22646	215584	2032	16188	8700	3254	161748	22149
2008	3	7785	-	6277	102635	1936	178038	88820	-	22074	226793	2357	15715	15187	26178	182991	21095
2008	2	5647	-	6278	95656	1938	155374	57150	-	20181	244238	2703	15108	10194	21338	167902	20017
2008	1	4200	-	6477	101948	1942	164493	50675	-	13888	217252	1801	14980	6824	39625	136982	18001
2007	4	3546	-	6443	108408	1902	123848	60388	-	22670	152593	1601	364	3319	352	133712	15931
2007	3	4994	-	5428	101312	363	97821	68487	-	30347	113427	816	451	3798	606	79326	15062
2007	2	4792	-	2102	93041	190	91675	88075	-	32323	101702	417	534	5718	364	78679	16898

Financial Quarter Income Statement

year	qrt	Revenue	Income tax expense	Finance/interest costs	Other income	Administrative/Operating expenses	Minority interest	Share of profit/ (loss) of associates
2013	1	416950	11010	1708	4697	375879	1566	12175
2012	4	499912	12551	1013	4546	454510	1669	14899
2012	3	420038	10931	1164	4769	381538	3678	13897
2012	2	358620	9662	1021	3093	322138	562	13122
2012	1	355238	9938	972	3313	317552	1074	13379
2011	4	374882	13268	924	3008	326301	2345	9818
2011	3	301161	10370	785	3957	262077	2794	9247
2011	2	268532	9239	691	3228	233700	1751	9616
2011	1	263804	7505	653	2290	233772	937	9867
2010	4	271950	5205	654	49	243887	1677	10319
2010	3	282774	7324	544	2249	251930	1939	8554
2010	2	275570	6494	509	1784	248608	1661	8546
2010	1	308852	6330	475	2128	282370	1086	6216
2009	4	357967	8412	369	206	322856	2874	6992
2009	3	269729	5318	287	1860	247361	4242	6420
2009	2	240282	4540	265	1827	220890	1079	6743
2009	1	238376	3748	207	817	222659	1354	7590
2008	4	180492	3072	235	727	170451	1055	9951
2008	3	216619	4733	147	352	195633	826	6628
2008	2	212364	4466	70	1367	194360	2031	7208
2008	1	183409	3463	95	1437	169255	2070	6985
2007	4	167452	2354	37	2101	156494	452	6764
2007	3	108745	1396	53	2647	105409	267	8270
2007	2	99506	1659	60	2902	95104	1268	6857

Financial Quarter Segments Revenue

year	qrt	Malaysia	Asia Pacific Countries	Others Countries	Singapore	Australia & New Zealand
2013	1	209858	112079	1859	25788	67366
2012	4	258292	122425	4314	38541	76340
2012	3	226419	88922	4176	24864	75657
2012	2	167679	93023	1339	23262	73317
2012	1	149239	100646	2486	33974	68893
2011	4	171627	196993	6262	-	-
2011	3	156442	140772	3946	-	-
2011	2	128756	139346	430	-	-
2011	1	141935	110493	11376	-	-
2010	4	137521	-	134429	-	-
2010	3	165819	-	116955	-	-
2010	2	157689	-	117881	-	-
2010	1	173306	-	135546	-	-
2009	4	183850	-	173854	-	-
2009	3	90790	-	176243	-	-
2009	2	74865	-	166280	-	-
2009	1	113922	-	124454	-	-
2008	4	43847	-	138798	-	-
2008	3	134374	-	84480	-	-
2008	2	142486	-	69878	-	-
2008	1	99525	-	83884	-	-
2007	4	89483	-	77330	-	-
2007	3	58087	-	50658	-	-

Financial Quarter Segments Profit

year	qrt	Malaysia	Asia Pacific Countries	Others Countries	Singapore	Australia & New Zealand
2013	1	48808	4690	1308	1226	2819
2012	4	48915	573	92	9887	4367
2012	3	43476	10424	342	919	3363
2012	2	44800	801	1893	6259	3311
2012	1	45391	3169	2368	5038	2176
2011	4	44905	15276	302	-	-
2011	3	41394	11121	1012	-	-
2011	2	32322	15237	574	-	-
2011	1	34442	6494	600	-	-
2010	4	25838	-	2004	-	-
2010	3	19319	-	9540	-	-
2010	2	24334	-	4981	-	-
2010	1	17138	-	13609	-	-
2009	4	21917	-	12689	-	-
2009	3	11993	-	12319	-	-
2009	2	2658	-	18040	-	-
2009	1	8995	-	7332	-	-
2008	4	2528	-	7750	-	-
2008	3	16901	-	3857	-	-
2008	2	14978	-	4323	-	-
2008	1	10786	-	4710	-	-
2007	4	7900	-	1357	-	-
2007	3	3678	-	2252	-	-

Financial Quarter Segments Associate

year	qrt	Malaysia	Asia Pacific Countries	Others Countries	Singapore	Australia & New Zealand
2013	1	12024	-	-	19	170
2012	4	14637	-	-	12	274
2012	3	13689	-	-	17	191
2012	2	13036	-	-	12	98
2012	1	13290	-	-	13	102
2011	4	9557	261	-	-	-
2011	3	9248	1	-	-	-
2011	2	9617	1	-	-	-
2011	1	9861	6	-	-	-
2010	4	34258	-	28	-	-
2010	3	-	-	-	-	-
2010	2	-	-	-	-	-
2010	1	-	-	-	-	-
2009	4	-	-	-	-	-
2009	3	-	-	-	-	-
2009	2	-	-	-	-	-
2009	1	-	-	-	-	-
2008	4	-	-	-	-	-
2008	3	-	-	-	-	-
2008	2	-	-	-	-	-
2008	1	-	-	-	-	-
2007	4	-	-	-	-	-
2007	3	-	-	-	-	-

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