【GCB 5102 交流专区】源宗集团 (前名GUANCHG)

icy97

GUAN CHONG BERHAD

22/08/2012 12:38:09 PM

EX-date	05/09/2012
Entitlement date	07/09/2012
Entitlement time	04:00:00 PM
Entitlement subject	Interim Dividend
Entitlement description	Third interim tax-exempt single-tier dividend of 2.5 sen per ordinary share in respect of the financial year ending 31 December 2012
Period of interest payment	to
Financial Year End	31/12/2012
Share transfer book & register of members will be	to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no	Symphony Share Registrars Sdn Bhd Level 6 Symphony House Block D13 Pusat Dagangan Dana 1 Jalan PJU 1A/46 47301 Petaling Jaya Selangor
Payment date	21/09/2012
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	07/09/2012
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Currency
Currency	Malaysian Ringgit (MYR)
Entitlement in Currency	0.025

icy97

擱置次級上市 源宗跌勢收窄

財經股市22/08/2012 21:07
（吉隆坡22日訊）源宗集團（GCB，5102，主要板消費）證實新加坡次級上市遭擱置，投資者亂陣腳，母股及憑單走勢大受打擊，次季宣佈派息2.5仙亦于事無補。

該公司亦宣佈，儘管新加坡上市無望，原定進行的紅股計劃照舊，讓符合資格股東以2股普通股換1股紅股。

但由于上週五（17日）閉市后已宣佈次級上市計劃暫擱，該股今日開市下跌劫數難逃，開市跌3仙至2.98令吉水平。

源宗集團早盤一度跌15仙，休市時跌13仙至2.88令吉，淪為早盤十大下跌股之一。

該公司旗下憑單源宗集團-WA（GCB-WA，5102WA，主要板憑單）走勢亦如滑鐵盧，開市跌6仙至1令吉，休市時已跌破1令吉水平，跌11仙剩95仙。

午盤源宗集團續跌，但受派息和紅股計劃照舊等消息激勵走勢回彈，跌6仙至2.95令吉；源宗集團-WA則跌4仙至1.02令吉。

源宗集團今日宣佈本財年次季業績，儘管營業額按年減少6.5%至3億1284萬令吉，但盈利按年增2.5%，報3530萬令吉。

截至6月底上半年，該公司營業額受印尼巴淡新廠投產帶動，按年揚6.8%至6億6718萬令吉，淨利亦按年增3.2%至6660萬5000令吉。

上半年合計派息7仙，相等于2240萬令吉，佔源宗集團淨利6660萬令吉的33.6%，高于派息政策擬定的25%。

文告指出，儘管次級上市不成，預計發行1億5990萬股紅股計劃照舊，行使日9月11日，上市日9月12日。

市道慘淡 影響估值
說不擱還是擱了，券商估計，現今市道慘淡或是源宗集團擱置次級上市的原因，致使該公司無法獲取良好估值。

黃氏星展唯高達證券研究分析師在報告中指出，該公司原計劃透過在新加坡次級上市，縮小與其他同樣在新加坡上市的食品業者的差距。

“不過，相信是因為市況不佳，上市已無法取得實質估值， 相信該公司才取消上市計劃。”

分析師指出，目前在新加坡掛牌的Petra Food估值為14.6倍本益比，但源宗集團當地上市將僅獲6.4倍本益比。

但若以估值較低的JB Foods相比，4.5倍本益比將影響源宗集團未來升值潛能，無法真正達到縮小估值差距的目的。

“儘管計劃取消不影響公司基本面，但難免對股價帶來自然反射現象，改變股價交易區間，故目標價格下調至3令吉。”[ChinaPress]

will.lim

今天午盘跌得厉害，还好还有业绩撑住...........新生产线开始运作，多两季报告才贡献盈利，长期投资没问题.........尽管取消双边上市，但管理层的野心依然很大，hei hei，我喜欢

icy97

Entitlement description

ADJUSTMENTS TO THE EXERCISE PRICE AND NUMBER OF OUTSTANDING WARRANTS OF GUAN CHONG BERHAD ("GCB") ("WARRANTS") PURSUANT TO THE BONUS ISSUE OF 158,752,929 NEW ORDINARY SHARES OF RM0.25 EACH IN GCB ("GCB SHARES") ("BONUS SHARES"), ON THE BASIS OF 1 BONUS SHARE FOR EVERY 2 EXISTING GCB SHARES HELD AT GCB, TO BE CREDITED AND FULLY PAID-UP ("BONUS ISSUE") IN ACCORDANCE WITH THE PROVISION OF THE DEED POLL DATED 7 JANUARY 2011 ("ADJUSTMENTS")

Remarks :

As at 22 August 2012, being the latest practicable date prior to the announcement of the Entitlement Date, GCB has 59,978,500 outstanding Warrants. We would like to advise holders of the Warrants who intend to exercise any of their Warrants and to qualify for the entitlement to the Bonus Issue to lodge their duly completed subscription forms together with the subscription monies in accordance with the provisions of the Deed Poll at the exercise price of RM2.00 for each GCB Share, to reach GCB's Share Registrar, Symphony Share Registrars Sdn Bhd, Level 6, Symphony House, Pusat Dagangan Dana 1, Jalan PJU 1A/46, 47301 Petaling Jaya, Selangor Darul Ehsan by 5.00 p.m. on 29 August 2012. This is to allow sufficient time for GCB's Share Registrar to allot and issue GCB Shares arising from the exercise of the Warrants and for such holders of the Warrants to be registered in GCB's Record of Depositors for Shareholders on or before the Entitlement Date for the Bonus Issue on 11 September 2012. Failure to lodge such duly completed subscription forms together with the subscription monies by 5.00 p.m. on 29 August 2012 may result in such holders of the Warrants not being registered in GCB's Record of Depositors for Shareholders by the Entitlement Date. Holders of the Warrants who do not exercise their Warrants by 5.00 p.m. on 29 August 2012 and whose name appear in the Record of Depositors for holders of the Warrants on the Entitlement Date would be entitled to the Adjustments pursuant to the provisions of the Deed Poll. A notice to the holders of the Warrants on the adjustments made to the exercise price and number of Warrants will be despatched to the holders of the Warrants in due course. In accordance with the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the additional Warrants will be listed and quoted on 12 September 2012, being 1 market day after the Entitlement Date.

icy97

源宗未弃狮城上市

财经新闻 财经  2012-08-24 10:52
（巴西古当23日讯）源宗集团（GCB，5102，主板消费产品股）透露，在新加坡次级上市的计划虽然已经取消，但仍然会考虑有关的方案。

源宗集团董事经理兼总执行长郑贺联强调：“我们并非完全放弃，在新加坡次级上市的可能。”

他在回复《星报》的电邮时说：“我们接获多个策略伙伴的献议，有意买入源宗集团的股权。他们的注资是好事，但仍要视对方是否适合我们的增长计划。”

源宗集团是在上周五，宣布取消在新加坡次级上市的计划。投资者对这项宣布都非常失望，特别是这项计划刚在一个月前获得股东的批准。

源宗集团在上周五的文告指出，没有继续次级上市的计划，主要是因为想重估新的方向及需要资金拓展业务一事。

股价反弹
这项计划传出后，公司股价便节节败退，不过今日出现反弹，全日扬升12仙，或4.068%，报3.07令吉。

郑贺联在获得股东批准上市方案后曾指出，希望在新加坡上市获得的估值，能接近大马的估值，并筹集8000万至1亿令吉的资金。

过去两年，源宗集团为巴丹的设备投资将近1亿5000万令吉，大部分是透过内部筹集，一些则属于银行贷款。[Nanyang]

icy97

GUAN CHONG BERHAD

11/09/2012 06:52:21 PM

Type	Announcement
Subject	NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) BONUS ISSUES
Description	GUAN CHONG BERHAD (“GCB” OR THE "COMPANY") BONUS ISSUE
We refer to the earlier announcements in relation to the Bonus Issue. On behalf of the Board of Directors of GCB, Hong Leong Investment Bank Berhad wishes to announce that based on the issued and paid-up share capital of the Company as at 11 September 2012, 158,757,731 new GCB Shares have been issued pursuant to the Bonus Issue. In addition, a total of 29,894,168 additional warrants arising from the adjustments made in relation to the Bonus Issue have been issued and the exercise price of the outstanding warrants have been adjusted from RM2.00 to RM1.34. The new GCB Shares and the additional warrants will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad with effect from 9.00 a.m. on Wednesday, 12 September 2012.

icy97

券商買進心頭好．前景亮眼估值低 源宗具23%揚升空間

財經股市26/09/2012 23:00

券商：馬銀行投銀
目標價：2.46令吉

源宗集團（GCB，5102，主要板消費）目前估值誘人，看好股價具有23%揚升空間，同時憑單目前于溢價2%水平交易，是一個很低的買入門檻。

市場估計，該公司2012財年將錄得1億3500萬令吉創紀錄的收益，以連續第5年獲利增長。

與同行相比，目前該公司估值誘人，交易于2012財年本益比7.2倍及2013財年本益比6.5倍，相比同樣是中小型消費股的12倍。

源宗集團2012財年首半年賺幅較高，料可拉近與新加坡掛牌的Petra Food的估值距離。

我們認為，該公司估值應可改善至2013財年本益比8倍，相等于2.46令吉的目標價，即具有23%的揚升空間。

至于源宗集團-WA（GCB-WA，5102WA，主要板憑單）交易于溢價2%水平，提供一個很低的買入門檻。

長期而言，該公司是一個高效率的可可研磨商，不但回酬比同行佳，賺幅也較高，主要是其經營模式，可輕易取得原料與到達消費市場。

亞洲及新興市場對可可粉的需求與日俱增，巧克力生產商的外包活動增加，亦帶動可可成份需求，使源宗集團業務長期前景看俏。

閉市時，源宗集團報1.99令吉，跌1仙，成交量9萬8300股[ChinaPress]

偶是双子座

买入了少许的股份作为长期投资，展望将来成功拓展海外下游业务。5年后一定有相当不错的回筹。

amanda_ng82

是时候进货吗？

icy97

股海宝藏：源宗集团估值廉宜慷慨派息

股海宝藏 财经周刊 投资观点  2012-11-05 12:50
源宗集团（GCB，5102，主板消费产品股）是世界第五大的可可豆研磨厂商。

该公司于1990年在柔佛巴西古当开始可可豆研磨业务，当时年产量达6000公吨。

今天，源宗集团成为世界第五大的可可豆研磨厂商，年产量20万公吨。

源宗集团也在美国的译德拉维尔州设立可可糕研磨厂，供应当地市场。

该公司将可可豆研磨成广泛产品，如可可液、可可脂、可可糕或可可粉。这些产品是以“Favorich”和“Cacaorich”
品牌销售到全球60个国家，包括世界着名可可生产商和可可原料交易商，例如玛氏公司（MARS）、好时公司（Hershey）和乐天公司（Lotte）等。

在2011财政年的营业额，出口市场贡献了94.3%。

其中美国、新加坡、俄罗斯和荷兰为最大的四个市场，营业额分别为5亿100万令吉、1亿3900万令吉、1亿300万令吉以及8800万令吉。

源宗集团的可可豆主要来自印尼和非洲，在2011财年，产品分类为可可脂（39%）、可可糕（30%）、可可粉（21%）、可可制品（5%）、可可液（3%）、可可糖果（2%）。

展延狮城上市
源宗集团的估值不昂贵，目前是2012财年和2013财年7.2倍以及6.2倍本益比，最接近的同侪，即来自新加坡的Petra，2013财年本益比为18倍。

源宗集团2013财年周息率为4.6%，比Petra的2.5%为高。

根据马银行投资银行，源宗集团对Petra折价交易应该收窄，因为赚幅比Petra更高。

2012财年源宗集团每公吨回酬为443美元，比Petra的234美元更高。该证券行相信，源宗集团应该上修到至少8倍本益比，这意味它的目标价为2.46令吉。

根据肯南嘉证券，6月在印尼巴淡岛额外设置第三条生产线，使每年研磨总产能增至15万至16万公吨。

由于该公司采取原料“接近源头”以及制成品“接近市场”的商业模式，因而成为效率极高的厂商，赚幅较同侪更佳。

根据马银行投资银行，由于新加坡投资给于的估值问题，使到它筹集资本的成本高昂，所以，它决定取消新加坡次级上市计划。无论如何，它继续落实2送1红股计划，并可能会通过配售来筹集资本。

可可领域门槛高
在过去，可可消费主要是来源欧美国家，不过如今在新兴市场，例如亚洲已经看到快速增长的潜能。

这些新兴国家在过去的可可消费量，较发达国家低很多。此外，新兴国家的中产阶级人口增加，也推动可可产品销量。

目前，对于意欲进军可可生产领域并且冀望迅速获利的新业者来说，可谓困难重重。除了设厂的高投资额（每公吨生产线达100万美元或约300万令吉）外，也需要具备经验老道的管理层，以及有效经营以及创造高产能的技术知识。

成本跌激励赚幅
2012财年次季，营业额为3亿1280万令吉（按年少6.5%，按季少11.7%），净利按年增2.5%以及按季增12.8%至3530万令吉。

营业额减少主要是因为可可产品价格下跌，不过，由于赚幅改善和实际税务低至12%，促使净利增长。

合约支撑
该集团的营运赚幅不断改善，2012财年第二季达15.1%，2011财年第二季以及2012财年第一季的赚幅分别为12.9%和13.8%，这主要是因为它的工厂产量已经接近产能水平。

该公司也宣布派发每股2.5仙的第三次中期净股息，目前为止的净股息增至7.0仙。

手头上合约支撑，证券行预料2012财年下半年的营业额会比上半年更好。

主要是巴淡岛工厂的贡献，该厂第二条生产线今年7月已经开始运作，这使该厂的产能增加6万公吨，达到20万公吨。

根据黄氏发展维高达预测，全球购买/进口可可脂、可可糕以及可可粉的数量，每年将取得2至3%的增长。

欧洲国家，例如德国、法国、比利时、荷兰和英国，估计占可可脂进口数量的50%，及可可糕/粉进口数量的30%。美国也是最大的可可脂和可可糕/粉的买家，分别占世界总购买量的约10%和20%。[Nanyang]

慧眼

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30/09/2012

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30/09/2012	30/09/2011	30/09/2012	30/09/2011
		$$'000	$$'000	$$'000	$$'000

1	Revenue	348,474	365,721	1,015,657	990,362
2	Profit/(loss) before tax	36,312	33,823	119,072	107,850
3	Profit/(loss) for the period	27,588	26,238	94,277	91,747
4	Profit/(loss) attributable to ordinary equity holders of the parent	27,413	25,939	94,018	90,473
5	Basic earnings/(loss) per share (Subunit)	5.76	5.44	19.74	18.97
6	Proposed/Declared dividend per share (Subunit)	2.00	4.00	9.00	10.00
		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 ($$)	0.6964		0.8347

icy97

GUAN CHONG BERHAD

EX-date	30/11/2012
Entitlement date	04/12/2012
Entitlement time	04:00:00 PM
Entitlement subject	Interim Dividend
Entitlement description	Fourth interim tax-exempt single-tier dividend of 2.0 sen per ordinary share in respect of the financial year ending 31 December 2012
Period of interest payment	to
Financial Year End	31/12/2012
Share transfer book & register of members will be	to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no	Symphony Share Registrars Sdn Bhd Level 6 Symphony House Block D13 Pusat Dagangan Dana 1 Jalan PJU 1A/46 47301 Petaling Jaya Selangor
Payment date	18/12/2012
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	04/12/2012
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Currency
Currency	Malaysian Ringgit (MYR)
Entitlement in Currency	0.02

amanda_ng82

icy97 发表于 16-11-2012 01:36 PM

源宗集團 9個月營業額破10億 　

財經16/11/2012 21:10
（巴西古當16日訊）源宗集團（GCB，5102，主要板消費）首9個月營業額首次衝破10億令吉，報10億1566萬令吉，淨利達9402萬令吉。

該公司發佈文告指出，截至9月底第3季銷量增加5.9%，加上高賺幅，提升淨利5.7%至2740萬令吉；但同季營業額按年微跌4.7%報3億4847萬令吉。

同時，該公司宣佈當季派發每股2仙股息，並計劃在12月18日發出。

源宗集團首9個月的營業額按年揚2.6%至10億1566萬令吉，淨利則按年揚3.9%，錄得9401萬8000令吉。

可可平均售價下滑是源宗集團營業額減少的主因，但在第3季出產3萬1340公噸的可可原料，相較于去年同期的2萬9607公噸多了1173公噸。

總結首3季，該公司每股收益亦改善至19.74仙，相較去年18.97仙。

http://www.chinapress.com.my/node/370788

icy97

GUAN CHONG BERHAD

Type	Announcement
Subject	OTHERS
Description	Guan Chong Berhad ("GCB" or "the Company") Incorporation of subsidiary
The Board of Directors of Guan Chong Berhad ("GCB" or "the Company") wishes to announce that GCB Cocoa Singapore Pte Ltd, the wholly-owned subsidiary of GCB Oversea Holdings Corporation, which in turn a wholly-owned subsidiary of GCB has on 29 November 2012 subscribed for 270 shares of USD1,000-00 each in PT. GCB Cocoa Indonesia ("PT. GCB Indonesia"), representing 90% of the issued and paid up capital in PT. GCB Indonesia at a total consideration of USD270,000-00. Cocoarich Sdn Bhd, the wholly-owned subsidiary of GCB has subscribed for 30 shares of USD1,000-00 each in PT. GCB Indonesia, representing 10% of the issued and paid up capital in PT. GCB Indonesia at a total consideration of USD30,000-00 (Collectively referred to as "Incorporation"). Upon completion of the Incorporation, PT. GCB Indonesia become the wholly-owned sub-subsidiary of GCB. PT. GCB Indonesia was incorporated as a private limited company with an authorised share capital of USD1,200,000-00 divided into 1,200 shares of USD1,000-00 each of which 300 shares of USD1,000-00 have been issued and fully paid up. The intended principial business activities of PT. GCB Indonesia are trading of cocoa beans, cocoa derived food ingredients and cocoa products. The Incorporation is not expected to have any material effect on the share capital, major shareholding, earnings, net assets and gearing of GCB group for the financial year ending 31 December 2012. None of the Directors and/or major shareholders of the Company and/or persons connected with them has any interest, direct or indirect in the Incorporation.

crespo

几时才止跌？

amanda_ng82

crespo 发表于 17-12-2012 05:07 PM
几时才止跌？

今天起了

偶是双子座

crespo 发表于 17-12-2012 05:07 PM
几时才止跌？

最近跌得真的很惨。。心痛

crespo

今天又跌了，但量很少，摸不着头脑。

mingkok76

crespo 发表于 18-12-2012 09:28 AM
今天又跌了，但量很少，摸不着头脑。

请问这位大大这只股票最高时是去到多少？股息多吗？为何最近掉的酱厉害

偶是双子座

觉得可能是某个30大的股东在抛售。。1.6的价钱根本就是mega sales...好想乘低买入，可惜没钱