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【JTIASA 4383 交流专区】常成控股

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发表于 13-7-2014 10:57 PM | 显示全部楼层
2利好支撐‧常成展望樂觀

2014-07-13 19:24      

讀者rex問:
常成控股(JTIASA,4383,主板工業產品組)的最新業績表現好像不太理想,前景可繼續看好?

答:
常成控股第三季業績讓人失望,惟興業研究深信在鮮果串產量改善、木桐和夾板價格走高等兩大利好支持下,2014和2015財政年盈利成長率可突破100%,繼續樂觀看待前景。

興業研究走訪該公司後發報告指出,儘管緬甸禁止木桐出口的效應尚未發酵,惟干旱氣候引起的供應短缺現象,已導致木桐售價在截至2014財政年首9個月按年上漲18.7%。

管理層預期,一旦印度木桐貨存減少,緬甸新措施料從7月開始帶來更顯著的影響,分析員也贊同這樣的觀點,並預期木桐價格將從2014財政年的每立方公尺210美元,上揚至2015財政年的260美元。

此外,興業預期常成控股種植業務表現將逐漸好轉,有關業務在第三季表現低迷,主要因鮮果串產量低於預期,及以低價脫售一些不合格的原棕油拖累平均棕油售價。

興業補充,雖然常成種植業務在首9個月錄取20.6%鮮果串成長率,惟相信已達不到最初預估的86萬6千公噸產量(相等於30%成長率),管理層已經把今年產量預期調低至78萬公噸,並預測明年產量可取得20至25%成長率。

此外,由於該公司已完成脫售那些不合格棕油,相信未來的平均售價將更貼近砂拉越大馬棕油局(MPOB)提供的指標價格,料助改善未來賺幅。

興業也認為,種植業務將是常成控股中期成長關鍵動力來源,相信該業務盈利貢獻比重,2016財政年將漲至50%。

興業研究調高對常成種植業務成本和2014年資本開銷的預期,並因此調低2014年財測11.6%和2015年財測3.7%,目標價下調至2令吉95仙,但重申“買進”評級不變。(星洲日報/投資致富‧投資問診‧文:李文龍)
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发表于 29-8-2014 02:31 AM | 显示全部楼层
SUMMARY OF KEY FINANCIAL INFORMATION
30/06/2014
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30/06/2014
30/06/2013
30/06/2014
30/06/2013
$$'000
$$'000
$$'000
$$'000
1Revenue
271,740
257,195
1,034,590
1,054,096
2Profit/(loss) before tax
16,129
8,289
87,067
31,982
3Profit/(loss) for the period
10,813
6,165
59,612
24,379
4Profit/(loss) attributable to ordinary equity holders of the parent
10,014
5,759
57,125
23,246
5Basic earnings/(loss) per share (Subunit)
1.03
0.59
5.90
2.40
6Proposed/Declared dividend per share (Subunit)
0.01
0.01
0.01
0.01


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 ($$)
1.8100
1.7600



Type
Announcement
Subject
OTHERS
Description
DECLARATION OF FIRST AND FINAL SINGLE-TIER DIVIDEND
The Board of Directors of Jaya Tiasa Holdings Berhad has on 27 August 2014 recommended a first and final single-tier dividend of 1.5 sen per ordinary share in respect of the financial year ended 30 June 2014 for the shareholders' approval at the forthcoming annual general meeting.

The entitlement and payment dates will be announced in due course.
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发表于 31-10-2014 05:11 AM | 显示全部楼层
JAYA TIASA HOLDINGS BHD

EX-date
01/12/2014
Entitlement date
03/12/2014
Entitlement time
05:00:00 PM
Entitlement subject
First and Final Dividend
Entitlement description
First and Final Single-tier Dividend of 1.5% per ordinary share
Period of interest payment
to
Financial Year End
30/06/2014
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
Pusat Dagangan Dana 1
Jalan PJU 1A/46
47301 Petaling Jaya
Selangor Darul Ehsan
Tel: 03-78418000
Payment date
17/12/2014
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers
03/12/2014
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
01/12/2014
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
Percentage
Entitlement in percentage (%)
1.5

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发表于 29-11-2014 05:48 PM | 显示全部楼层
樹桐價漲‧常成首季淨利揚23%

2014-11-28 11:18      
(吉隆坡27日訊)歸功於原棕油和膠合板銷售增加,以及樹桐價格上揚,常成控股(JTIASA,4383,主板工業產品組)截至2014年9月30日止第一季淨利增長23.11%至2千352萬7千令吉。

首季營業額擴張6.68%至2億6千186萬4千令吉。

該公司發文告指出,隨著季侯風季節到來,木材產品售價料因樹桐供應吃緊,以及木製產品需求穩定下持續企穩。

“大馬政府將生物柴油比重從5%提高至7%,以及棕油步入低產量季節將可穩定原棕油價,而成熟果樹組合和種植面積增加將提高鮮果串產量,有望對集團表現帶來正面貢獻。”

同時,在現有全球經濟環境下,常成控股董事部將繼續採取警惕措施來保護營運效率和產量。(星洲日報/財經)
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发表于 30-11-2014 03:28 PM | 显示全部楼层
SUMMARY OF KEY FINANCIAL INFORMATION
30/09/2014
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30/09/2014
30/09/2013
30/09/2014
30/09/2013
$$'000
$$'000
$$'000
$$'000
1Revenue
261,864
245,468
261,864
245,468
2Profit/(loss) before tax
32,479
26,008
32,479
26,008
3Profit/(loss) for the period
23,821
19,475
23,821
19,475
4Profit/(loss) attributable to ordinary equity holders of the parent
23,527
19,111
23,527
19,111
5Basic earnings/(loss) per share (Subunit)
2.43
1.97
2.43
1.97
6Proposed/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 ($$)
1.8300
1.8100

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发表于 2-3-2015 12:18 AM | 显示全部楼层
SUMMARY OF KEY FINANCIAL INFORMATION
31/12/2014
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/12/2014
31/12/2013
31/12/2014
31/12/2013
$$'000
$$'000
$$'000
$$'000
1Revenue
288,345
271,950
550,209
517,418
2Profit/(loss) before tax
-4,022
29,689
28,458
55,698
3Profit/(loss) for the period
-4,272
20,456
19,550
39,930
4Profit/(loss) attributable to ordinary equity holders of the parent
-4,976
19,845
18,552
38,955
5Basic earnings/(loss) per share (Subunit)
-0.51
2.05
1.92
4.02
6Proposed/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 ($$)
1.8100
1.8100

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发表于 11-3-2015 01:50 AM | 显示全部楼层
Type
Announcement
Subject
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
RELATED PARTY TRANSACTION - SUBSCRIPTION OF SHARES IN BORNEO EDIBLE OILS SDN BHD
The Board of Directors of Jaya Tiasa Holdings Berhad ("the Company") wishes to announce that the Company has on  10 March 2015 decided to subscribe for five (5) million new ordinary shares of RM1.00 each in Borneo Edible Oils Sdn Bhd ("BEO")  representing 10% of the proposed issued and paid up capital of BEO . The details of the announcement are set out in the pdf file attached.

This announcement is dated 10 March 2015.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1898133
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发表于 12-3-2015 02:57 AM | 显示全部楼层
買進券商心頭好‧ 看好購棕油提煉廠股權 有利常成夾板長期產量

財經股市11 Mar 2015 20:54

券商:大馬投資研究
目標價:2.40令吉

常成夾板(JTIASA,4383,主要板工業)將認購原棕油提煉廠的10%股權,將有利公司長期產量,2016財年油棕樹鮮果串(FFB)產量或衝破100萬公噸,我們維持“買進”評級,目標價2.40令吉。

正如預期般,常青集團(Rimbunan Hijau)將設立原棕油提煉和果核粉碎廠,常成夾板將以總值500萬令吉或每股1令吉認購10%股權。常青集團預計新廠將在明年10月開始投運,公司擁有提煉許可證。

常成夾板預計,上述認購協議會在5月底完成,這對公司是項好消息,因該投資相對較小,故風險也有限。

長期而言,該公司可保證原棕油產量會有人購買,因公司過去幾年一直供應原棕油給外部無關聯公司。

另外,該公司設立提煉廠的建議也來得相當是時候,因公司油棕樹鮮果串產量或衝破100萬公噸。我們預計2016財年,油棕樹鮮果串產量和原棕油產量分別按年成長18%和36%。

常成夾板週三(11日)閉市時,起2仙至1.89令吉,成交量錄得12萬1700股。【中国报财经】
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发表于 13-3-2015 04:33 AM | 显示全部楼层
Type
Announcement
Subject
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
RELATED PARTY TRANSACTION - SUBSCRIPTION OF SHARES IN BORNEO EDIBLE OILS SDN BHD
Further to our announcement made on 10 March 2015 in relation to the subscription of shares in Borneo Edible Oils Sdn Bhd (the "Subscription"), we attached below the amended announcement incorporating the information that the interested directors have abstained from all deliberations and voting on the resolution pertaining to the Subscription at the Board Meeting.

This announcement is dated 12 March 2015.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1900385
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发表于 17-4-2015 02:11 AM | 显示全部楼层
買進券商心頭好.棕油業務估值未反映 常成夾板股價被低估

財經股市16 Apr 2015 23:00

券商:大馬投資研究
合理價:2.13令吉

常成夾板(JTIASA,4383,主要板工業)股價被低估,未反映棕油業務估值,每公頃達3萬1000令吉,對比市價為每公頃8萬令吉。

以我們的目標價計算,該公司種植業務每公頃價值3萬2000令吉,在種植業務表現低迷下,此水平屬合理。

雖然現有鮮果串產量低于預期,相信常成夾板種植業務將有強勁長期成長,料每年鮮果串產量達150萬至160萬公噸,這是基于有更多油棕樹日趨成熟貢獻。

保守估計,常成夾板2016財年鮮果串產量達90萬公噸,按年成長18%。

該公司最新公布3月份鮮果串產量達4萬3510公噸,對比1月和2月的介于3萬4000至3萬5000公噸已顯著改善。在2015財年往后表現,每月產量預計平均達6萬5000公噸。

常成夾板在2015財年次季淨虧290萬令吉,受鮮果串產量減少和夾板價格低迷影響,這股趨勢或在第3季加劇。

我們維持2015和2016財年原棕油價格預測,分別為2300令吉和2400令吉。今年余下時間將是關鍵,雖相信鮮果串產量和棕油平均榨取量(OER)將提升,但擔憂出現無法預知的架構性問題。

我們相信常成夾板被低估,鮮果串產量持續改善或帶動股價顯著提升,維持常成夾板“買進”評級。

常成夾板週四(16日)以1.65令吉開市,休市報1.70令吉,起5仙;閉市掛1.73令吉,起8仙,成交量36萬800股。【中国报财经】
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发表于 16-5-2015 02:38 AM | 显示全部楼层
本帖最后由 icy97 于 17-5-2015 06:58 PM 编辑

常成木材产品营运 不受非法伐木调查影响

财经新闻 财经  2015-05-17 10:18
(吉隆坡16日讯)常成控股(JTIASA,4383,主板贸服股)表示,子公司常成木材产品私人有限公司(JTTP)的营运,预计不会受到大马反贪污委员会在砂拉越展开非法伐木调查活动的影响。

周五,常成控股向马交所报备,针对在砂拉越展开的调查行动,JTTP正与反贪污委员会充分合作。

根据文告,JTTP主要活动是向常成控股集团具有伐木执照的地区收购原木,进行加工和销售给客户,而该公司本身并无进行伐木活动。

此前,大安(TAANN,5012,主板工业产品股)也向大马交所报备,与反贪污委员会合作,且营运不会受到影响。

根据常成控股最新年报显示,JTTP每年生产613万立方米的木材产品。

截至去年6月30日财年,木材业务分别占了集团营业额和税前盈利的69%和62%比重。

周五闭市时,常成控股以1.65令吉平盘挂收,且交投淡静,只有2万9800股易手。【南洋网财经】

Type
Announcement
Subject
OTHERS
Description
- Malaysian Anti-Corruption Commission's Investigation in Illegal Logging in Sarawak
The Board of Directors of Jaya Tiasa Holding Berhad ("JTH") wishes to announce that its subsidiary company, JAYA TIASA TIMBER PRODUCTS SDN BHD (JTTP) is extending full cooperation with Malaysian Anti-Corruption Commission (MACC) in MACC's recent state wide investigation in illegal logging activities in Sarawak. The main activity of JTTP is purchasing of logs mainly from concessions owned by JTH Group for processing and marketing to end customers. JTTP does not carry out logging activities. The ongoing state wide investigation by MACC is not expected to affect the day-to-day operations of JTTP.

This announcement is dated 15 May 2015.

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发表于 28-5-2015 01:49 AM | 显示全部楼层
SUMMARY OF KEY FINANCIAL INFORMATION
31 Mar 2015
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31 Mar 2015
31 Mar 2014
31 Mar 2015
31 Mar 2014
$$'000
$$'000
$$'000
$$'000
1Revenue
243,142
245,433
793,350
762,850
2Profit/(loss) before tax
8,553
15,240
37,010
70,938
3Profit/(loss) for the period
1,699
8,869
21,248
48,799
4Profit/(loss) attributable to ordinary equity holders of the parent
635
8,168
19,186
47,111
5Basic earnings/(loss) per share (Subunit)
0.07
0.84
1.98
4.87
6Proposed/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 ($$)
1.8100
1.8100

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发表于 10-8-2015 02:42 AM | 显示全部楼层
常成夾板末季業績料放緩

財經9 Aug 2015 15:39
(吉隆坡9日訊)常成夾板(JTIASA,4383,主要板工業)末季業績料放緩,受木材產量減少、低原棕油價格和高生產成本影響,不過美元增值考量使市場上修公司2015財年盈利預測5%。

艾芬黃氏資本研究指出,根據馬證交所數據顯示,常成夾板2015財年圓木總產量按年跌14.3%,至88萬4751立方呎,鮮果串產量也按年減少3.5%,達74萬公噸。

這些下跌趨勢主要受今年初較高降雨量影響圓木和鮮果串產量、終止主要承包商的圓木和油棕種植活動,以及勞工短缺影響。

報告將常成夾板2015財年核心每股盈利上修4.8%,但維持2016和2017財年預測,因考量到2015財年實際圓木、鮮果串和原棕油產量數據,以及1美元兌3.45令吉匯率,3%高于原先預測。

常成夾板現有股價與1.31令吉僅有3%差距,因此報告將該股投資評級從“賣出”上修至“守住”,同時謹慎看待公司前景。

這是基于圓木和鮮果串產持續低迷將帶來盈利風險,有潛能提升生產成本,至于美元增值帶來意外收入或不足以抵消低夾板價格影響。【中国报财经】
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发表于 10-8-2015 11:24 PM | 显示全部楼层
RM1.21..........
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发表于 29-8-2015 02:02 AM | 显示全部楼层
本帖最后由 icy97 于 31-8-2015 03:28 PM 编辑

美元升值‧常成末季淨利漲52%

2015-08-28 11:23      
(吉隆坡27日訊)美元升值提高樹桐售價及夾板生產成本下降,帶動常成控股(JTIASA,4383,主板工業產品組)截至2015年6月30日止第四季淨利從前期的1千零1萬4千令吉大起52.18%至1千523萬9千令吉。

但全年淨利受鮮果串產量和平均售價下跌影響,從去年同期的5千313萬3千令吉下跌35.21%至3千442萬5千令吉。

鮮果串產量和平均售價下滑及樹桐銷售下跌,導致末季營業額減少12.08%至2億3千892萬令吉,拖累全年營業額微挫0.1%至10億3千227萬令吉。

派息1仙

該公司董事部建議派發每股1仙股息。

該公司發文告表示,雖然受到全球經濟增長放緩影響,木材產品需求震盪,但預期木材領域表現將持續正面,主要是疲弱馬幣將提振業務表現。

“棕油生產已進入高產週期,加上現有庫存居高不下,短期原棕油價格前景依舊看淡。但隨著鮮果串產量增加,下財政年生產成本將下跌。”( 星洲日報/財經)

SUMMARY OF KEY FINANCIAL INFORMATION
30 Jun 2015
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Jun 2015
30 Jun 2014
30 Jun 2015
30 Jun 2014
$$'000
$$'000
$$'000
$$'000
1Revenue
238,920
271,740
1,032,270
1,033,342
2Profit/(loss) before tax
18,609
16,129
55,619
79,949
3Profit/(loss) for the period
15,987
10,813
37,235
55,619
4Profit/(loss) attributable to ordinary equity holders of the parent
15,239
10,014
34,425
53,133
5Basic earnings/(loss) per share (Subunit)
1.57
1.03
3.56
5.49
6Proposed/Declared dividend per share (Subunit)
0.01
0.01
0.01
0.01


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 ($$)
1.8300
1.8100

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发表于 3-9-2015 06:52 PM | 显示全部楼层
常成控股 令吉贬值有利

财经 股市 行家论股  2015-09-03 11:43

目标价:1.18令吉

最新进展
常成控股(JTIASA,4383,主板工业产品股)末季核心净利1300万令吉,按年增28%和按季扬304%,全年核心净利达3900万令吉,按年下跌40%。

末季营业额按年下跌12.1%至2亿3892万令吉;全年营收则微跌0.1%至10亿3227万令吉。

行家建议
常成控股的木材业务优于预期,而种植领域则继续受到低鲜果串回酬和低油价的影响。

常成控股种植业的平均原棕油价为每公吨2166令吉,低于预期的2300令吉。

榨油率(OER)持续提升至17.2%,高于上财年的15.5%,符合预期的17.5%。

受惠于令吉走低,集团的原木和制造业务税前盈利分别达1亿800万令吉和1700万令吉。

我们维持“守住”评级,因该公司可能受到原木固定制数量降低,以及低原棕油价格的冲击;而缓冲因素包括令吉疲软、高原木价格和砂拉越的供应收缩。



分析:大马研究

【南洋网财经】
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发表于 26-10-2015 10:53 PM | 显示全部楼层
本帖最后由 icy97 于 27-10-2015 12:30 AM 编辑

常成收购常青油棕9.87%股权

财经  2015年10月26日
(吉隆坡26日讯)常成控股(JTIASA,4383,主板工业股)通过旗下独资子公司--Multi Greenview私人有限公司,分別向两家私人企业,收购常青油棕(RSAWIT,5113,主板种植股)1亿4000万股,相等於9.87%股权,总值7000万令吉。

这批股票今日已在场外易手。

该公司分別向Pemandangan Jauh种植私人有限公司和张道赏控股私人有限公司,收购共1亿股和4000万股,每股50仙的常青油棕股票。

这是一宗关联方交易,丹斯里张晓卿分別是上述4家公司的大股东。

文告也指出,上述交易旨在释放常青油棕的潜在增长前景,以及股价的升值潜力。这也让该公司有机会拓展其棕油业务。

上述收购预计在10月29日完成。同时,不会对公司每股盈利、净资產、负债和股本带来重大影响。【东方网财经】


Type
Announcement
Subject
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
RELATED PARTY TRANSACTION - ACQUISITION OF ORDINARY SHARES IN RIMBUNAN SAWIT BERHAD
Jaya Tiasa Holdings Berhad wishes to announce that its wholly-owned subsidiary, Multi Greenview Sdn Bhd has on 26 October 2015 acquired 140 million ordinary shares of RM0.50 each in Rimbunan Sawit Berhad from Pemandangan Jauh Plantation Sdn. Bhd. and Tiong Toh Siong Holdings Sdn. Bhd. The details of the announcement are set out in the pdf file attached.

This announcement is dated 26 October 2015.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4901741
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发表于 28-10-2015 12:17 AM | 显示全部楼层
本帖最后由 icy97 于 28-10-2015 06:25 PM 编辑

收购案不影响財务 常成评级目標价维持

财经  2015年10月27日
(吉隆坡27日讯)常成控股(JTIASA,4383,主板工业股)昨天宣布以7000万令吉,收购常青油棕(RSAWIT,5113,主板种植股)的9.87%股权,分析员认为,是次收购不会对常成控股的財务状况带来太大的影响,因此维持对该股的投资评级和目標价格。

与此同时,此项消息也没有带动以上2家公司在周二的股价表现。常成控股股价跌2仙或1.56%,报1.26令吉,成交量为10万5600股。常青油棕则以0.525令吉平盘掛收,成交量为60万1900股。

常成控股通过旗下Multi Greenview私人有限公司,向Pemandangan Jauh种植私人有限公司和张道赏控股私人有限公司,收购常青油棕的1亿4000万股股票,或相等于9.87%股权,成交价为每股50仙或总值7000万令吉。每股50仙收购价,相比截至上週五(23日)的5天交易量加权平均价格(VWAMP)每股54仙,折价7.4%。

大马研究分析员指出,该公司將透过贷款支付该批股权收购,预计在週四(29日)完成。

他亦表示,卖方的平均投资价为每股40仙,而丹斯里张晓卿是常成控股的大股东,亦是上述提及3家公司(常青油棕、Pemandangan Jauh种植公司和张道赏控股)的大股东和董事。

分析员指出,按常青油棕2014財政年(截至6月30日止)数据来看,是次的收购价转换成每公顷企业价值(EV/ha)大约是6万3000令吉,而砂拉越种植公司之前的交易价是每公顷企业价值7万令吉以上。

另有数据显示,沙巴和砂拉越已开发的棕油地交易价,是介于每公顷企业价值6万2000至6万8000令吉之间。

收购价低于市价

分析员说,常成控股的收购价是低于市价,不过,常青油棕的鲜果串收益率却处在低水平。

该分析员称,常青油棕2014財政年的鲜果串產量按年跌9%,至43万6584公吨,这仅相等于每公顷(成熟种植地)11.2公吨的收成。

「常青油棕2015財政年次季(截至6月30日止)蒙受约1000万令吉的亏损,首6个月的亏损达2230万令吉。」

他补充说,常成控股本身的2015財政年鲜果串產量亦仅达每公顷12.5公吨,希望该公司能通过是次的收购,提高產量,儘管產能尚未稳定。

分析员解释,常成控股鲜果串產量受挫,主要因为前承包商尚未收割的种植地高达5000公顷至1万公顷。

整体而言,他认为,有关股权收购不会对常成控股的財务,带来显著的影响,所以维持该股「守住」投资评级和目標价1.18令吉。

另外,大马研究分析员表示,支撑常成控股的潜在利好因素,包括令吉走软和木桐价格维持高水平。【东方网财经】



常成控股 入股常青油棕值得

财经 股市 行家论股  2015-10-28 10:39
http://www.nanyang.com/node/731090?tid=462
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发表于 30-10-2015 12:03 AM | 显示全部楼层
Type
Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID
IQL-27102015-00002
Subject
RELATED PARTY TRANSACTION - ACQUISITION OF ORDINARY SHARES IN RIMBUNAN SAWIT BERHAD (ACQUISITION)
Description
Additional information required by Bursa Malaysia Securities Berhad (Bursa Securities) for public release in relation to the Company's Announcement dated 26 October 2015 on the Acquisition of Ordinary Shares in Rimbunan Sawit Berhad
Query Letter Contents
We refer to your Company’s announcement dated 26 October 2015, in respect of the aforesaid matter.
In this connection, kindly furnish Bursa Securities with the following additional information for public release:-
1)      The date of the agreement entered into for the Acquisition.
2)      Further clarification as to why Multi Greenview Sdn Bhd, a wholly-owned subsidiary of Jaya Tiasa Holdings Berhad (“JTIASA”) has acquired the Sales Shares on 26 October 2015 given that the term of the Acquisition were agreed upon on 20 October 2015.
3)      Detailed financial information on Rimbunan Sawit Berhad (“RSB”) for the past 3 years together with the commentary.
4)      Further information on RSB and its subsidiaries (“RSB Group”), including but not limited to the average age of oil palm tree, area of oil palm plantations, annual fresh fruit bunch (“FFB”) production, etc.
5)      Details of properties owned by RSB Group.
6)      Net profits and net assets of RSB based on the latest audited financial statements and latest quarterly results.
7)      Detailed basis to arrive at the purchase consideration other than by reference to the market price of RSB.
8)      The salient terms of the agreement for the Acquisition, including the terms of any arrangement for payment.
9)      Further elaboration on all other aspects of the Acquisition that were taken into consideration by the Audit Committee in arriving at its opinion.
10)    The outlook of oil palm industry and the prospects of RSB.
11)    It is noted that timber division is the major contributor to the JTIASA Group revenue and profit. In this respect, please provide more justification with regard to the statement “The Acquisition is not expected to materially change the risk profile of JTIASA Group” by taking into consideration the historical financial performance of RSB and its FFB productivity.
Please refer to the attached file for details of additional information required by Bursa Securities for public release.

The abbreviations and definations used throughout this announcement are the same as those previously defined in the announcement dated 26 October 2015 unless otherwise stated.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4906933
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发表于 31-10-2015 05:16 AM | 显示全部楼层
Type
Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID
IQL-27102015-00002
Subject
RELATED PARTY TRANSACTION - ACQUISITION OF ORDINARY SHARES IN RIMBUNAN SAWIT BERHAD (ACQUISITION)
Description
Additional information required by Bursa Malaysia Securities Berhad (Bursa Securities) for public release in relation to the Company's Announcement dated 26 October 2015 on the Acquisition of Ordinary Shares in Rimbunan Sawit Berhad
Query Letter Contents
We refer to your Company’s announcement dated 26 October 2015, in respect of the aforesaid matter.
In this connection, kindly furnish Bursa Securities with the following additional information for public release:-
1)      The date of the agreement entered into for the Acquisition.
2)      Further clarification as to why Multi Greenview Sdn Bhd, a wholly-owned subsidiary of Jaya Tiasa Holdings Berhad (“JTIASA”) has acquired the Sales Shares on 26 October 2015 given that the term of the Acquisition were agreed upon on 20 October 2015.
3)      Detailed financial information on Rimbunan Sawit Berhad (“RSB”) for the past 3 years together with the commentary.
4)      Further information on RSB and its subsidiaries (“RSB Group”), including but not limited to the average age of oil palm tree, area of oil palm plantations, annual fresh fruit bunch (“FFB”) production, etc.
5)      Details of properties owned by RSB Group.
6)      Net profits and net assets of RSB based on the latest audited financial statements and latest quarterly results.
7)      Detailed basis to arrive at the purchase consideration other than by reference to the market price of RSB.
8)      The salient terms of the agreement for the Acquisition, including the terms of any arrangement for payment.
9)      Further elaboration on all other aspects of the Acquisition that were taken into consideration by the Audit Committee in arriving at its opinion.
10)    The outlook of oil palm industry and the prospects of RSB.
11)    It is noted that timber division is the major contributor to the JTIASA Group revenue and profit. In this respect, please provide more justification with regard to the statement “The Acquisition is not expected to materially change the risk profile of JTIASA Group” by taking into consideration the historical financial performance of RSB and its FFB productivity.
Further to the Company's Announcement made on 29 October 2015 in response to Bursa's Query dated 28 October 2015 ("Bursa Query"),  the Board of Directors of the Company wishes to provide information to Question 3 of Bursa Query.

Please refer to the attached file for details of the financial information of Rimbunan Sawit Berhad for the past three financial years.

This Announcement is dated 30 October 2015.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4907505
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