【HM 0060交流专区】（前名 VC）

哭哭鸟

为何“冷眼”前辈买入（SKH,0060)?
Author: Spencer88   |   Publish date: Sat, 8 Apr 2017, 09:18 PM
https://klse.i3investor.com/blogs/spencer88/120183.jsp

相信有阅读Bursa Malaysia公告的股友们应该不难发现4月6日Bursa Malaysia的公告，“冷眼”前辈已经入股（SKH，0060）并持有三千万股成为该公司的第二大股东。而且股价也一度从原有的RM0.10飙升至今天闭市时的RM0.155，股价足足飙升了五十五巴仙！！为了满足大家的好奇心，笔者将在此简单的分析一下。

SKH CONSORTIUM BERHAD，0060（前身为MEDIA SHOPPE BERHAD）原先从事IT和ICT相关产品的交易业务，较后于2015下半年开始投身于建筑及产业发展的相关业务。由于IT和信息通信技术市场竞争激烈，所以SKH决定在业务上实行转型计划。因此，SKH开始进军建筑领域，因为管理层认为这个行业更加有利可图。而该集团的名称变化也是随着业务重心的转移而改变的。

在2015年9月7日，SKH集团获得了一项价值一亿八千一百万令吉（RM181 Million）的建筑相关合约，并在登嘉楼的干马挽（Kemaman) 县发展一片土地。依据季度报告所发布的进展，载自2015年12月为止，SKH已经完成了部分土地的整治工作。但是，根据SKH的建筑部门（Construction Division） 的营业额来推算，该工程的进度看来有缓慢。【截至目前为止，建筑部门的营业额已经达到了一千五百五十万令吉（RM15.5 Million），但是，其中的四百万令吉（RM4 Million）是来自 Batu Pahat 的工程项目，另外还有三百五十万令吉左右（RM3.5 Million）的营业额是属于新山（Johor Bahru）的一个项目。这意味着单单是干马挽的工程就还有一亿七千三百万令吉（RM173 Million）的营业额还未进账，而且依据合约里表示SKH必须在2019年九月之前把该工程完成，因此笔者推测SKH的营业额将会在近期内爆发，而且一个季度将会有平均一千五百七十二万令吉的营业额来自于干马挽的工程（这还不包括Batu Pahat 和 Johor Bahru 的建筑营业额在内）】。干马挽的工程合约也有提到该工程将会为SKH带来一笔三千万令吉的毛利（Gross Profit），经过笔者与该公司目前还未进账的营业额来推算后，SKH应该会有两千八百万令吉的毛利有待进账，平均一个季度将会有两百六十万令吉的毛利来自该工程。

值得一提的是，目前SKH最新季度的毛利只有四百四十万令吉，而当中建筑部门的毛利应该不会超过五百千令吉因为建筑部门最新季度营业额只有区区的五百千令吉。试想看如果接下来的季度SKH的建筑部门可以为SKH带来额外的两百六十万令吉毛利（这还不包括Batu Pahat 和 Johor Bahru 的毛利在内），这将会把SKH最新三个季度的平均毛利（四百万令吉左右）提高整整五十巴仙！不过毛利归毛利，股票投资还是需要看盈利，所以要是毛利提高了，能不能把之转为盈利那就要看管理层对开销控制（Expenses Control)的本事了。

另外，IT和ICT相关产品的交易业务最近开始转亏为盈，笔者相信只要SKH能够继续保持着IT和ICT相关产品的交易业务目前的盈利，再加上SKH的建筑业务将会在近期内贡献的营业额来看，盈利要创新高应该不难！这就是笔者所看见SKH唯一的成长因素，而至于“冷眼”前辈入股的实际原因就不得而知了。希望这个简单分析可以帮助到大家，如果有任何相关资料不妨留言分享或是PM笔者的面子书吧。文章只仅作参考，买卖自负！

        合约内容：
        

        

        

        

        

股票是游戏

大股东醒过来了，6仙冲上18仙，谢谢马来西亚知名投资人冷眼。；

现在要看下星期冷眼能不能上到20多仙，，就知道能力有几高，

dodoremi

这次的冷眼效应还蛮夸张的，只是真的能够维持在0.15以上吗？
我看到的时候已经太迟了 ...

哭哭鸟

SKH集团 – 近期火红的名人效应股

SKH创办于1996年，在2004年上市于大马交易所，主要是家电脑软件营销商。SKH的前身为【THE MEDIA SHOPPE】，简称为【TMS】。它是中国电信巨头—中兴通讯【ZTE】的代理 和策略伙伴，在大马为信息和通信技术 (ICT) 提供融资服务的计划作出一部份的努力。

从业绩的角度来看，SKH已连续9年蒙受亏损，没有任何价值可言。然而，冷眼前辈却在这个月晋升SKH的主要股东行列，出乎市场预料。对于价值投资者而言，卖股票通常都有许多原因，但是买股票肯定只有一个原因，那就是看好公司未来的前景。那，SKH到底有什么卖点呢？

回顾集团近几年的事故。SKH在2015年进行削资活动，把每股面值10仙削减至5仙，以抵消高达RM32m的累积亏损。之后，集团再把股票整合，2股合为1股，面值又从5仙合为10仙，把股票数量减少一半。此举动主要是为了巩固集团的财务状况，为后来进军产业建设领域铺路。

在同年的9月，SKH的独资子公司【EXONION】从【TOTAL MERIT】手上获得总值RM192m的登嘉楼州发展合约。在该协议下，【EXONION】被委任为管理承办商，发展嘉楼州一片约12公顷的土地，以提供项目管理设施，包括店屋、办公楼、公寓、幼儿园和游泳池等设施。

这为期48个月的发展计划在2015年9月正式动工，预计在2016年9月完成。若延迟完工，【EXONION】必须承担每一天RM34,300的赔偿金。凭着这合约，SKH正式把业务多元化至房地产建设和发展业务。值得一提，【EXONION】在获得这项合约前，是一家没有任何业务的空壳公司。

真正在背后牵线的是【DATO LOW】，他在2015年8月才进入SKH的董事局。现年44岁的他在房地产建设领域有约10年的经验，曾完成3项建设合约。然而，当中最高价值的合约仅是RM32.4m。【EXONION】在【DATO LOW】的领导下，能否顺利完成这RM192m的合约，令人质疑。

这项合约的的预期总成本为RM151m，集团可在FY15-19期间内获得RM30m的毛利 (Gross Profit)。当然，这只是一个预测，能否实现依然未知数。自合约在2015年9月动工以来，SKH的建筑业务仅交出RM15.5m的营业额，累积亏损为RM0.11m。然而，它在近3个季度已连续作出正面贡献，税后盈利分别介于RM0.4-0.7m之间。建筑业务早期的亏损主要因为承担较高的动工开销。

冷眼前辈在今年4月3日从公开市场购入30m单位的SKH，相等于5.41%，从而晋升为SKH的主要股东行列。当天SKH的股价介于RM0.10-0.105，相信冷眼前辈也是在这个价位买入。在其效应下，SKH的股价在短短一个星期内冲高至RM0.15-0.16。

至于他为什么入股SKH，而且还购入5%之多呢，令人费解。SKH在近3个季度交出RM1.44m的税后盈利，是上市以来首次连续3个季度赚钱。再配合早前更改财政年，管理层似乎有心将SKH脱胎换骨，重新包装再出发。或许，冷眼前辈看中的是产业建设未来可带来的潜在盈利。

值得一提，SKH近3个季度的RM1.44m盈利包含RM0.12m的脱售资产收益和RM0.29m的非核心收益。若剔除这些一次性收入，SKH的实际盈利约为RM1m左右，相等于0.2仙的每股盈利，一点都不吸引。

目前，SKH手握RM13m的现金，还有RM14m的短期投资，同时没有任何银行借贷。这显示出集团的财务处于非常健康的水平，对于长年亏损的企业实属难得。值得一提，SKH的资金全来自2012年附加股活动，而非来自亏损连连的业务。当年，集团一共筹得RM31.26m资金，至今部分仍未消耗。

SKH的每股净资产 (NTA) 为RM0.119，手上资金充裕，近期业绩已转亏为盈，其建筑业务的未来潜在盈利高。综合这些因素，冷眼前辈或许认为以10仙的价位买入，下跌风险已不大。对于本专页而言，基于SKH的业绩缺乏稳定性，而且建筑业务只依赖于一项合约，对此股不感兴趣。


RH Research

股票是游戏

哭哭鸟 发表于 11-4-2017 06:09 PM
SKH集团 – 近期火红的名人效应股

SKH创办于1996年，在2004年上市于大马交易所，主要是家电脑软件营销商。SKH的前身为【THE MEDIA SHOPPE】，简称为【TMS】。它是中国电信巨头—中兴通讯【ZTE】的代理 和策略伙 ...

看上去现在开始赚钱，

不过我已经全部高价位放完了，

我会继续注意这股，

ultraviolet2221

买未来的产业建设前景

kentck86

冷眼出手，追踪一下下。。

哭哭鸟

SKH480万购公寓地库
http://www.sinchew.com.my/node/1638369/

（吉隆坡28日讯）SKH集团（SKH,0060,创业板科技组）建议收购PangsapuriKebun Teh公寓及地库，作价480万令吉。

SKH集团发文告表示，上述公寓及地库位于柔佛，公寓面积分别为697方尺，而地库则为511方尺。

SKH集团补充，收购上述资产主要是抵消卖主相关债务，预期2018财政年第二季可完成。

文章来源：
星洲日报／财经‧2017.04.28

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	SKH CONSORTIUM BERHAD ("SKH" or "The Company")- Proposed Acquisition of Properties
The Board of Directors of SKH (“Board”) wishes to announce that SKH (the “Purchaser”) had on 27 April 2017 entered into a conditional sale and purchase agreement (“SPA”) with Hien Seng Properties Sdn Bhd (Company No.: 904654-A) (the “Vendor” or “Hien Seng”) for the acquisition of the Properties for a total cash consideration of RM4,800,000.00 only (“Proposed Acquisition”). Full details of the Proposed Acquisitin are set out in the attached announcement. This announcement is dated 27 April 2017.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5411497

Attachments Proposed acq of props by SKH.pdf

哭哭鸟

SKH登嘉楼工程管理合约暂停

（吉隆坡12日讯）经济情况不明朗影响石油与天然气领域，导致SKH集团（SKH,0060,创业板科技组）登嘉楼甘马挽承包工程管理合约（MCA）暂时喊停。

该公司发文告表示，Total Merit有限公司（TMSB）决定暂缓发展计划1年，因此将在复工前冻结工程管理费计算，但不会要求公司负责任何损失。

SKH集团是在2015年9月接获相关合约，以负责发展登州一块12.1407公顷土地土地成为综合商产。

文章来源：
星洲日报／财经·2017.05.12

Type	Announcement
Subject	OTHERS
Description	SKH CONSORTIUM BERHAD (SKH OR THE COMPANY)- Updates in relation to the Managing Contractor Agreement ("MCA") entered into between Super Kian Holdings Sdn Bhd, a wholly-owned subsidiary of the Company, and Total Merit Sdn Bhd
Reference is made to the earlier announcements on 7 September 2015 and 10 September 2015 (“the Announcements”) 1.  Introduction Super Kian Holdings Sdn Bhd (“SKHSB”), a wholly-owned subsidiary of SKH, had on 7 September 2015 entered into a Managing Contractor Agreement (“MCA”) with Total Merit Sdn Bhd (“TMSB”), whereby SKHSB has been appointed as the managing contractor for the development of a piece of land of approximately 12.1407 hectare held under HS(D) 3832, PT4141, Mukim Banggul in Kemaman, Terengganu onwed by Lembaga Pemagang Amanah Yayasan Pembangunan Keluarga Terengganu. Pursuant to the MCA, SKHSB’s roles include the administration, management, consulting, reporting, communication, co-ordination, assisting in the sales and marketing as well as responsible in assisting and advising TMSB on the appointment of a team of external contractors, subcontractors, engineers, surveyors and/or other professional consultants required for the development of the land. 2.  Status Further to the Announcements, the Board of Directors of the Company wishes to announce that the Company has received a letter from TMSB on 11 May 2017 whereby TMSB has requested SKHSB to temporarily stop the managing contractor work as TMSB has decided to delay the development of the land for a period of one (1) year from 11 May 2017. The postponement of the project by TMSB is mainly due to the unstable economic conditions affecting the oil and gas industry in Kemaman, which in turn caused a lower demand for properties and has been further affected by lower purchasing power due to tightened borrowing policies imposed by financial institutions on prospective purchasers. As a result of TMSB’s request to delay, TMSB froze the calculation of the management period until the re-commencement of the managing contractor work. TMSB agrees that SKHSB will not be liable for any liquidated and ascertained damages as a result of its decision to postpone the work. This announcement is dated 11 May 2017.

哭哭鸟

Type	Announcement
Subject	OTHERS
Description	SKH CONSORTIUM BERHAD (SKH OR THE COMPANY)- Updates in relation to the Managing Contractor Agreement entered into between Super Kian Holdings Sdn Bhd (SKHSB), a wholly-owned subsidiary of the Company, and Total Merit Sdn Bhd (Additional Information)
Reference is made to the earlier announcements on 7 September 2015, 10 September 2015 and 11 May 2017 (“the Announcements”). Further to the Announcements, the Board of Directors of the Company wishes to provide the following additional information:- 1.  SKHSB had completed the earthwork and levelling on the land representing approximately 2.5% of the project. 2. Out of the total amount billed of approximately RM7.1 million (inclusive of Goods and Services Tax) for the project so far, SKHSB had received approximately RM4.6 million. SKHSB and TMSB are working on the settlement of the balance of approximately RM2.5 million. 3.  The delay is expected to reduce the Group’s (i.e. the Company and its subsidiaries) revenue and profits for the financial years ending 31 March 2018 and 2019.  However, the impact is not expected to be material. This announcement is dated 12 May 2017.

icy97

Date of change	24 May 2017
Name	DATO’ LOW LIONG KIAN
Age	43
Gender	Male
Nationality	Malaysia
Designation	Executive Director
Directorate	Executive
Type of change	Resignation
Reason	Due to his personal and other work commitments

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Mar 2017

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Mar 2017	31 Mar 2016	31 Mar 2017	31 Mar 2016
		$$'000	$$'000	$$'000	$$'000

1	Revenue	33,245	0	136,555	0
2	Profit/(loss) before tax	-527	0	1,900	0
3	Profit/(loss) for the period	105	0	1,553	0
4	Profit/(loss) attributable to ordinary equity holders of the parent	112	0	1,551	0
5	Basic earnings/(loss) per share (Subunit)	0.02	0.00	0.28	0.00
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.1192		0.1164

wwy123

買進0.16不知道还要收或要賣出,有谁了解她的前途..

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2017

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Jun 2017	30 Jun 2016	30 Jun 2017	30 Jun 2016
		$$'000	$$'000	$$'000	$$'000

1	Revenue	34,511	34,439	34,511	34,439
2	Profit/(loss) before tax	183	529	183	529
3	Profit/(loss) for the period	-5	204	-5	204
4	Profit/(loss) attributable to ordinary equity holders of the parent	-5	207	-5	207
5	Basic earnings/(loss) per share (Subunit)	0.00	0.04	0.00	0.04
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.1192		0.1192

哭哭鸟

Notice of Person Ceasing (Section 139 of CA 2016)                                    

SKH CONSORTIUM BERHAD

            Particulars of Substantial Securities Holder                        

Name	MR FONG SILING
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Shares
Date of cessation	03 Oct 2017
Name & address of registered holder	RHB Capital Nominees (Tempatan) Sdn Bhdpledged securities account for Fong Siling (CEB)

            

No of securities disposed	10,000,000
Circumstances by reason of which a person ceases to be a substantial shareholder	Disposal via open market
Nature of interest	Direct Interest
Date of notice	04 Oct 2017
Date notice received by Listed Issuer	04 Oct 2017

Tony-Pua

dodoremi 发表于 10-4-2017 05:24 PM
这次的冷眼效应还蛮夸张的，只是真的能够维持在0.15以上吗？
我看到的时候已经太迟了 ...

冷眼。。。。出貨了！！

股票是游戏

Tony-Pua 发表于 4-10-2017 09:08 PM
冷眼。。。。出貨了！！

马来西亚冷眼今年亏大钱，

从6仙开始到19仙，

做了大股东，

现在8.5仙，

撒户现在可以慢慢进，

Tony-Pua

股票是游戏 发表于 22-10-2017 09:13 PM
马来西亚冷眼今年亏大钱，

从6仙开始到19仙，

做了大股东，

现在8.5仙，

撒户现在可以慢慢进，

小弟看法应该別买。。。。

icy97

Date of change	07 Nov 2017
Name	MR CHOO PENG HUNG
Age	44
Gender	Male
Nationality	Malaysia
Designation	Executive Director
Directorate	Executive
Type of change	Appointment
Qualifications	Bachelor of Science (Majoring in Computer Science) from James Cook University, Queensland, Australia in 1995
Working experience and occupation	Currently, Mr Choo Peng Hung is a General Manager of a company in Singapore involved in mechanical and electrical material industry. He has been managing the company's business and financial operations since 2012. With his keen business sentiments and entrepreneur skills, he started a few companies on his own which were mainly based in Singapore and involved in various industries including mechanical and electrical support systems for the construction industry. Prior to establishing his own businesses, he has had years of business experience in sales, marketing, distribution, business development, solution consultation on telecommunication and software technologies working with companies in the Asia Pacific region. During his service with Surfkitchen, Aaron was responsible for business development and accounts management for Maxis, China Mobile and other mobile service provider in the region.  He was also involved in a number of multi-million software implementation projects in Asia Pacific region.
Directorships in public companies and listed issuers (if any)	Nil
Family relationship with any director and/or major shareholder of the listed issuer	Nil
Any conflict of interests that he/she has with the listed issuer	Nil
Details of any interest in the securities of the listed issuer or its subsidiaries	Indirect interest via Master Knowledge Sdn Bhd, a substantial shareholder of SKH Consortium Berhad where Mr Choo holds 4,950,000 Ordinary Shares, hence, he is deemed interested pursuant to Section 8 of the Companies Act, 2016.
Due Date for MAP	07 Mar 2018

icy97

Type	Announcement
Subject	NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING
Description	SKH CONSORTIUM BERHAD ("SKH" OR THE "COMPANY")PROPOSED PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN SKH, REPRESENTING NOT MORE THAN 10% OF THE EXISTING NUMBER OF ISSUED SHARES OF SKH ("PROPOSED PRIVATE PLACEMENT")
On behalf of the Board of Directors of SKH (“Board”), TA Securities Holdings Berhad (“TA Securities”) wishes to announce that the Company proposes to undertake the Proposed Private Placement. Please refer to the attachment below for further details of the announcement. This announcement is dated 10 November 2017.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5599561

Attachments SKH - Announcement (Final).pdf