Wednesday, December 3, 2014

MINETECH RESOURCES BHD

http://www.thestar.com.my/Business/Marketwatch/Stocks/?qcounter=MINETEC

http://www.minetech.com.my/

Minetech Resources Berhad (MRB) operates an expanding network of 9 quarries around Malaysia and overseas. With over 30 years of industry experience, MRB has also positioned itself to provide quality and specialised civil engineering works including drill and blast services, earthworks, road pavement projects and building construction.


http://www.minetech.com.my/about-minetech-history.html
Minetech Gurun Premix Sdn Bhd was formed as a joint venture between Minetech Quarries Sabah Sdn Bhd and Laluan Bina Sdn Bhd.
The aim is to produce industrial leading asphalt and concrete products by synergising the efforts of both their technical and operational expertise along with their strong marketing and sales network. 

Minetech Korea Petroleum Industrial Sdn Bhd, a joint venture between Minetech Resources Bhd and Korea Petroleum Ind Co Ltd was formed to carry out the business of manufacturing and marketing of bitumen related products, both domestically and internationally.
Minetech Quarries Singapore Pte Ltd was incorporated to carry out the sales and marketing of quarry and related products.

Minetech Premix Sdn Bhd was established to expand into value added premix products, focusing on the manufacturing and trading of all types of asphalt premix for the road construction and maintenance industry.

Minetech Quarries Sdn Bhd was established as a marketing arm for quarry products.

Minetech Construction Sdn Bhd was established to provide specialised civil engineering services, focusing on rock excavation and infrastructure development projects.


HUBLINE BHD

http://www.thestar.com.my/Business/Business-News/2013/10/19/Hubline-on-verge-of-turnaround-Sarawakbased-shipper-also-plans-to-restart-OG-arm/?style=biz


http://www.thestar.com.my/Business/Marketwatch/Stocks/?qcounter=HUBLINE

 Hubline Bhd,  Sarawak-based shipping firm。Hubline is in talks with potential joint-venture partners to charter offshore supply vessels (OSV).  the company could opt to buy anchor handling tug supply (AHTS) ships, standby vessels and accommodation barges in anticipation of a surge in demand for O&G support services, backed by Petronas’ five-year, RM300bil investment。 The charter fees will be “more than enough” to offset the required investments.

Mid-sized, newbuild AHTS in the 10,000 brake horse power range and with DP2 capability carry a market value of US$20mil (RM63mil)

Hubline, which operates both container and dry bulk shipping。Hubline plied  the intra-Asian trade routes。

Hubline has whittled the average age of its fleet to 10 years. Twenty-eight of the group’s 30 vessels are wholly-owned, and two rented from a third party.
Half of its fleet is used for dry bulk and other half for container shipping.  Hubline may buy two new dry bulk ships within the next 12 months, on top of one that is on track to be delivered by year end.
For its container business, Hubline would only consider expansion by chartering, as this segment has yet to stabilise。 
Dry bulk vessels are fully-owned, Hubline will stick to chartering additional container ships so that it isn’t tied down in case the market takes a dive.

Container ships contribute to 25% of revenue, Hubline gets almost all of its earnings from dry bulk.  Dry bulk operations deliver a gross profit margin of about 20%. In contrast, the container shipping side is just breaking even。

Executive chairman and CEO Dennis Ling, Ling’s family, via Billion Power Sdn Bhd, controls 16.37% of Hubline, which also counts Lembaga Tabung Haji and the NFC Shipping Fund as long-term shareholders with interests of 3.68% and 3.82%, respectively.

CME GROUP BHD

http://www.thestar.com.my/Business/Marketwatch/Stocks/?qcounter=CME

http://www.klse.info/counters/view/stock/7018

CME Group Berhad (CME) is a Malaysia-based investment holding company. The Company, through its subsidiaries, is engaged in the manufacturing and trading of fire and specialty vehicles. Its subsidiaries are CME Technologies Sdn Bhd, which is engaged in designing, manufacturing and sales of fire-fighting vehicles, specialist vehicles, airport crash tenders, hazmat vehicles, aerial access ladders, cranes, fuel transfer vehicles, including refuellers, riot control vehicles, fire-fighting and rescue equipment and fixed installations; CME Industries Sdn Bhd, which is engaged in servicing of fire fighting and specialist vehicles and sale of related spare parts; CME Edaran Sdn Bhd; which is engaged in the sale and servicing of fire fighting equipment and specialist vehicles and sale of related spare partsCME Properties Sdn Bhd and CME Pyroshield Sdn Bhd, which is engaged in trading of pyroshield gas and accessories.

http://www.cme.com.my/

CME of today has become an experience comprehensive solutions provider to the fire fighting industries with a reputation for delivering customized, value driven vehicle solutions that incorporate safety and reliability that comply with the highest standards such as NFPAICAO and CENCME now stands proudly at the forefront of the industry in the country.

plummeting prices of oil, palm oil and weakening of the ringgit

Were the plummeting prices of oil, palm oil and weakening of the ringgit just overreactions? Or is it the beginning of a financial and economic nightmare for Malaysia which is trying to keep afloat to service its tremendously high federal debts of between RM568.9 billion and RM800 billion.  
"Everything dropped today (Dec 1) on the back of weak crude oil, poor export figures, weak bean oil and also the weak Dalian – basically everything is weak," a trader with a foreign commodities brokerage in Kuala Lumpur said. 


http://www.theantdaily.com/Main/Malaysia-s-economy-faces-spectre-of-triple-whammy



The selling pressure also spread to plantation stocks, with crude palm oil for third month delivery down RM63 to RM2,109 per tonne. The fall in crude oil prices would make biodiesel less viable as an alternative at current prices. 

The paper wealth wiped out due to the rout on the oil and gas stocks was close to RM8 billion. 

Petronas   was cutting its spending for next year by between 15 and 20 per cent and asserted that its contribution to the federal government’s coffer in the form of taxes, royalties and dividends could be down by 37 per cent to RM43 billion from RM68 billion this year. 

It was bargaining for oversold counters, namely oil and gas related counters, banks and plantations that helped the 30 key-stock benchmark FBM KLCI close higher.  

according to The Star Online, UOB Kay Hian Malaysia Research is maintaining its overweight recommendation on the Malaysian oil and gas sector with Bumi Armada, Barakah Offshore Petroleum and Deleum as its compelling stocks. 

crude oil prices, which had fallen to below US$60 (RM205) a barrel from a high of US$100 (RM341) in July, would eventually recover over the medium term. At 5pm yesterday, US crude oil fell two cents to US$68.98 (RM235.8) but Brent rose 25 cents to US$72.79 (RM248.80). 

Technical analysts said the WTI – the benchmark oil price used by Bank Negara to calculate the economic indicators – should find some support at US$64 (RM218.8) per barrel. If it goes below that level, it could plunge all the way to US$32.40 (RM110) per barrel – the lowest recorded price in recent years when it hit US$32.40 per barrel on Dec 19, 2008, before rising to US$114.83 on May 2, 2011. 

Falling oil prices, the lowest in five years, are generally due to the production war between Opec and the American oil boom from shale oil producers. In recent months, the US has become a major producer of shale oil and gas – fuel that’s extracted from rock fragments – threatening the position of Saudi Arabia as the dominant oil-producing country. In response to the threat, Opec, which is influenced by Saudi Arabia, has vowed to continue production of oil in a market where supply has outstripped demand. This has led to a free fall in global oil prices that have declined by more than 40 per cent since July. 

Saudi Arabia hopes to break the back of shale oil and gas producers by making their operations not financially viable.  

Bursa Malaysia saw a mild relief with the Kuala Lumpur Composite Index (KLCI) gaining 7.7 points on Dec 2, it was a recovery far from Dec 1's 42-point slashing. 

Petronas’ plan to cut back its spending by 15 to 20 per cent in 2015.  


The ringgit was firmer against the US dollar at 3.4260 from the 3.4340 the previous day. 

falling oil prices and sinking to below US$70 (RM239) per barrel. Even palm oil recorded its biggest daily drop in 16 months   

Monday, December 1, 2014

Retail

AEON CO. (M) BHD


http://www.thestar.com.my/Business/Marketwatch/Stocks/?qcounter=AEON

http://aeonretail.com.my/

AEON CO. (MBHD. is a leading retailer in Malaysia.


PARKSON HOLDINGS BHD


http://www.thestar.com.my/Business/Marketwatch/Stocks/?qcounter=PARKSON

http://www.lion.com.my/WebCorp/phb.nsf/corp_profile


PHB is an investment holding company with stakes in Parkson Retail Asia (PRA) and Parkson Retail Group Limited (PGRL), listed on the Singapore Stock Exchange and Hong Kong Stock Exchange respectively. It also owns and manages KL Festival City mall located in Setapak, Kuala Lumpur.
PRA which was listed on 3 November 2011, operates a total of 60 department stores in Malaysia, Vietnam, Indonesia and Myanmar. Under the Parkson brand name, it has 38 stores in Malaysia, 9 in Vietnam and one each in Myanmar and Indonesia. In Indonesia, it also has 10 stores under the brand name of Centro Lifestyle Department Store and a Kem Chicks Supermarket.
PRGL, which made its debut listing on 30 November 2005 is one of the premier retail operators in the People’s Republic of China (PRC) having an extensive network of 58 department stores covering 37 major cities in 23 provinces across PRC.

http://www.parkson.com.my/

http://web.parkson.com.my/whatson/our-profile/

THE STORE CORPORATION BHD

http://www.thestar.com.my/Business/Marketwatch/Stocks/?qcounter=TSTORE

http://www.tstore.com.my/new/


The Store Group was established in year 1968. It is also recognized as the largest and oldest existing supermarket and departmental chain by The Malaysia Book of Records since year 2001, with 74 operating outlets spanning approximately 1 million square metres of retail space across Malaysia. The range of products offered comprises fresh produce, various types of food and beverage, electrical appliances, apparels, footwear, bags, household items, baby and children’s products, cosmetics and etc. In a span of 46 years, The Store Group has grown in stature and has become the leading retailer in the country.

The Store Group at present has 74 outlets across Malaysia, with 48 The Store Supermarket & Departmental Store, 9 Pacific Hypermarket & Departmental Store in Peninsular Malaysia, and 17 Milimewa Superstores in Sabah, East Malaysia. 

http://www.tstore.com.my/new/about.php


YONG TAI BHD


http://www.thestar.com.my/Business/Marketwatch/Stocks/?qcounter=YONGTAI

http://www.yongtai.com.my/

YTB and its subsidiary companies ("YTB Group") has grown since 1971 to occupy a prominent position in the Malaysian garments industry through a far-sighted process of vertical integration. YTB Group started its business in distributing garments and subsequently ventures into dyeing and manufacturing of garments.
Today, YTB Group incorporates manufacturing and retailing of fashionable knitted and woven garments with in-house dyeing, designing, sewing and marketing capabilities. This has enabled YTB Group to offer a competitive price range of quality products to a broad and stable market.
YTB Group has also diversified into polyurethane and petrol chemical business in China by teaming up with a partner, Samchem Sdn. Bhd. in 2004.

BERJAYA FOOD BERHAD


Berjaya Food Berhad ("BFood") was incorporated in Malaysia on 21 October 2009. It was converted into a public limited company on 3 December 2009 and listed on The Main Market of Bursa Malaysia Securities Berhad on 8 March 2011. As part of The Listing Scheme, Berjaya Roasters (M) Sdn Bhd ("BRoasters") was acquired and became a wholly-owned subsidiary of BFood in January 2011. 

BRoasters is engaged in the development and operation of the Kenny Rogers Roasters ("KRR") chain of restaurants in Malaysia. On 26 July 2011, BFood entered into a conditional joint venture agreement with PT Mitra Samaya, Indonesia, PT Harapan Swasti Sentosa, Indonesia and PT Boga Lestari Sentosa, Indonesia ("PT Boga") to develop and operate the KRR franchise in Java Island and Bali, Indonesia under PT Boga. 

On 19 July 2012, BFood completed the acquisition of 11,500,000 ordinary shares of RM1.00 each, representing 50% equity interest in Berjaya Starbucks Coffee Company Sdn Bhd ("BStarbucks") for a cash consideration of RM71.7 million. The remaining 50% equity interest is held by Starbucks Coffee International, Inc ("SCI"). On 9 August 2012, BFood completed its Right Issue and the 115,081,760 new shares and 115,081,760 warrants arising from the Rights Issue was listed on the Main Market of Bursa Malaysia Securities Berhad on 13 August 2012. 

On 7 December 2012, BFood acquired 100% equity interest in Jollibean Foods Pte Ltd, Singapore ("Jollibean Foods") for a cash consideration of RM19.02 million. On 13 March 2013, BFood incorporated a new wholly-owned subsidiary, Berjaya Jollibean (M) Sdn Bhd ("BJM"). 

On 7 October 2013, Berjaya Food (International) Sdn Bhd ("BFI"), a wholly-owned subsidiary company of BFood entered into a Joint Venture Cum Shareholders' Agreement with Deluxe Daily Food Sdn Bhd ("Deluxe") for the subscription of 80% equity interest in Berjaya Food Supreme Sdn Bhd, a Brunei Darussalam-incorporated company to undertake the operations of "Starbucks Coffee" chain of cafes in Brunei Darussalam for a total cash consideration of about BND2.40 million (or about RM6.20 million). The remaining 20% was subscribed by Deluxe. 

On 8 July 2014, BFI incorporated a new subsidiary, Berjaya Roasters (Cambodia) Limited ("BRCL"), in the Kingdom of Cambodia to develop and operate the KRR chain of restaurants in Cambodia. 

On 23 July 2014, BFood entered into a conditional share purchase agreement with SCI for the proposed acquisition of 11,500,000 ordinary shares of RM1.00 each, representing the remaining 50% equity interest in BStarbucks not owned by BFood for a total cash consideration of USD88,000,000 (equivalent to about RM279.52 million) ("Proposed Acquisition"). Upon completion of the Proposed Acquisition, BStarbucks will be a 100%-owned subsidiary of BFood. 

http://www.berjaya.com/berjaya-food/berjaya-food-corporate-profile.php


SUMATEC RESOURCES BHD

http://www.thestar.com.my/Business/Marketwatch/Stocks/?qcounter=SUMATEC

SUMATEC RESOURCES BERHAD

was established in 1979 as a service provider in the downstream sector of the oil and gas industry. The Company is currently going through a business re-structuring program which will see it entering the upstream sector via a joint investment agreement with Markmore Energy (Labuan) Limited and CaspiOilGas LLP to develop the Rakushechnoye Oil and Gas Field in West Kazakhstan.
http://www.sumatec.com/

TIGER SYNERGY BERHAD

http://www.thestar.com.my/Business/Marketwatch/Stocks/?qcounter=TIGER

Tiger Synergy Berhad (TSB) (formerly known as Minply Holdings (M) Bhd)

The company's core businesses are in the property development and construction industry and wood base manufacturing and trading.

http://www.tigersynergy.my/aboutus.html