在马股中：ubi 指 ubi keladi
berisi 就是 money 了。
根据刚刚出炉的 2014第一季业绩报告，
它没借贷，现金有 RM128,460,000.，
总票数= 758,310,000
每股现金 = RM128,460,000 / 758,310,000 = 16.94sen , 大约 17sen,
它今天的闭市价是 28sen,
28sen 的股拥有 17sen 的现金，这是非常振奋人心的数据，61%
在马股中，我想不到有那一只股可与它比。
美中不足的是它的业绩不是很出色，但是管理层在累积现金方面有一手。
自己看吧。
1. Performance Review
For the three months ended 30 April 2013, the Group reported revenue of RM11.679 million and profit before tax (“PBT”) of RM5.901 million. This represents a decline of 21% and 4% respectively, compared to revenue of RM14.748 million and PBT of RM6.166 million recorded in the preceding year’s corresponding period. Decrease in revenue and PBT was mainly due to the lower income recognition from property development and lower sales of fresh fruit bunches (FFB).
The performance of the various operating segments was as follows:-
a) Property Development
The Division registered a lower revenue of RM10.574 million, a decrease of 21% as compared with RM13.326 million in the preceding year corresponding quarter. Accordingly the PBT has also reduced to RM5.072 million, a decline of 4% as compared with RM5.296 million recorded in the preceding year corresponding quarter. Certain project phases have reached near completion, therefore resulting in lower revenue and profit recognised for the current quarter under review.
b) Plantation
The Division posted a decrease in revenue of 30% to RM0.734 million for the current quarter as compared with RM1.055 million in the preceding year corresponding quarter. The decrease in revenue was mainly due to drop in production of FFB. This is because 503 acres of old palm trees were felled for replanting in Keladi Land and 65 acres of Keladi Kulim’s land has been cleared for the development of a new project, namely Taman Desa Cinta Sayang.
The Division registered a lower PBT of RM0.463 million, down by 8% as compared with RM0.503 million in the preceding year corresponding quarter. The fall in the profit before tax was mainly due to significant drop in FFB production, lower FFB prices and higher estate expenditures incurred for replanting activity.
2. Material Changes in Profit Before Tax for Quarter Reported on As Compared To The Immediate Preceding Quarter
Theprofit before tax for the quarter reported on was RM5.901 million, a decreaseof 43% compared to RM10.286 million achieved in the preceding quarter ended 31 January2013. The decrease in the profit before tax was mainly due to the higher progressive revenuerecognition from properties under construction and substantial completion ofsome of existing on-going projects at Taman Lagenda and Kulim Square Indah inthe preceding quarter.
For the three months ended 30 April 2013, the Group reported revenue of RM11.679 million and profit before tax (“PBT”) of RM5.901 million. This represents a decline of 21% and 4% respectively, compared to revenue of RM14.748 million and PBT of RM6.166 million recorded in the preceding year’s corresponding period. Decrease in revenue and PBT was mainly due to the lower income recognition from property development and lower sales of fresh fruit bunches (FFB).
The performance of the various operating segments was as follows:-
a) Property Development
The Division registered a lower revenue of RM10.574 million, a decrease of 21% as compared with RM13.326 million in the preceding year corresponding quarter. Accordingly the PBT has also reduced to RM5.072 million, a decline of 4% as compared with RM5.296 million recorded in the preceding year corresponding quarter. Certain project phases have reached near completion, therefore resulting in lower revenue and profit recognised for the current quarter under review.
b) Plantation
The Division posted a decrease in revenue of 30% to RM0.734 million for the current quarter as compared with RM1.055 million in the preceding year corresponding quarter. The decrease in revenue was mainly due to drop in production of FFB. This is because 503 acres of old palm trees were felled for replanting in Keladi Land and 65 acres of Keladi Kulim’s land has been cleared for the development of a new project, namely Taman Desa Cinta Sayang.
The Division registered a lower PBT of RM0.463 million, down by 8% as compared with RM0.503 million in the preceding year corresponding quarter. The fall in the profit before tax was mainly due to significant drop in FFB production, lower FFB prices and higher estate expenditures incurred for replanting activity.
2. Material Changes in Profit Before Tax for Quarter Reported on As Compared To The Immediate Preceding Quarter
Theprofit before tax for the quarter reported on was RM5.901 million, a decreaseof 43% compared to RM10.286 million achieved in the preceding quarter ended 31 January2013. The decrease in the profit before tax was mainly due to the higher progressive revenuerecognition from properties under construction and substantial completion ofsome of existing on-going projects at Taman Lagenda and Kulim Square Indah inthe preceding quarter.
2 comments:
除了Keladi, Plenitude 也是现金充溢，零债务。截至 2013年第三季度，它拥有现金RM333，715，000，等于每股现金RM1.24，占每股股价（RM2.19)的56%。它有很多地皮都是在十多年前以低价买进，未重新估价，提高了它的赚幅，NTA为RM3.13。
谢谢你，plenitude 的确是现金充沛的好股，
而且它的管理层也值得信赖，曾派1对1红股予小股东。是冷眼心头好之一。
keladi 的管理层信用程度尚在观察中，
因为到目前为止，还未有任何利益分享于小股东，
除了每年派那微不足道半分，一分股息予小股东。
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