【TDM 2054 交流专区】嘉隆发展

哭哭鸟

TDM - 种植以外的顾虑 (2)

若以纯种植业绩来推算, TDM 的业绩无论 Q0Q 或 YoY 都已经算是十拿九稳. 可偏偏它还有另外两个可能搞破坏, 也可能锦上添花的业务. 一是医院, 二是汇率; 而汇率的影响的确举足轻重, 足以颠覆TDM 即将爆好的业绩, 这不可不留意.

医院的盈利贡献目前还不大, 基本上不足以影响 TDM 整体的业绩表现. 无论如何, 做个简单的比较始终还是好的. 粗略的看, 我觉得或许 Q4 的业绩也会有小小的惊喜. 去年同期, Q4-15 TDM 的医院是处于亏损约 2 百万. 而从 2016 开始至今, 已经保持了连续 3 个季度的盈利. 盈利虽小, 却廖胜于无. TDM 的医院运作属于萌芽的阶段, 当然无法比较像 KPJ IHH 这样的大哥. 但若假以时日, 谁也无法确定山鸡是否也会变凤凰啊! 如果 Q4 保持稳定的营运, 只要报上没亏钱的业绩, 那么就等于是 YoY 带来负负得正的好效果.

TDM 当年发展印尼种植业务时有借贷印尼盾, 而且利息高昂. 这里不得不给管理层一个赞! 因为它同时也在美元疲弱时投资了一笔大约 300mil 的 fixed income, 目的是对冲那笔借贷可能出现的负影响. 美元的强势却为集团带来了丰厚的汇率收益 (反之亦然). 由于这笔投资额相当大, 而马币汇率波动也超乎寻常, 因此出现了足以无形中影响业绩的幕后操手.

据了解, 汇率盈亏的计算, 一般是用每个季度最后一天的汇率做计算. 从过往几个季度来探讨, 得以下结果 :
1. 31/12/2015, RM4.2975 >> forex gain 30.8mil
2. 31/03/2016, RM3.9280 >> forex loss 16.8mil
3. 30/06/2016, RM4.0064 >> forex gain 10.5mil
4. 30/09/2016, RM4.1318 >> forex gain 14.7mil
5. 31/12/2016, RM4.4845 >> Gain or Loss???

简单的比较下, 马币越弱, 外汇盈利越大! 如果计算方式无误, 那 31/12/2016 汇率处于历来最低的情况下, 会不会为集团带来超越 2015 30.8mil 的外汇盈利呢? 可能性应该非常大吧!

Stock FM 独钓寒江雪

icy97

Modipalm追债被驳回
嘉隆发展无财务损失

2017年2月14日
（吉隆坡13日讯）嘉隆发展（TDM，2054，主板种植股）宣布，印尼法庭已驳回Modipalm工程私人有限公司的追债申请。

嘉隆发展上周五向马交所报备，由于印尼法庭已驳回Modipalm工程追债申请，因此该公司不会有任何财务损失。

上周，CB工业产品（CBIP，7076，主板工业产品股）原棕油提炼厂建筑臂膀Modipalm工程私人有限公司在雅加达地方法庭申请限制令，向嘉隆发展子公司PT RAfi Kamajaya Abadi 追讨840万令吉债务。
Modipalm工程欲追讨2笔债务，分别为163万美元（约724万令吉），及35亿8000万印尼盾（约119万令吉）的欠款。【e南洋】

Type	Announcement
Subject	MATERIAL LITIGATION
Description	DECISION BY THE COURT ON "PERMOHONAN PENUNDAAN KEWAJIPAN PEMBAYARAN UTANG" (APPLICATION FOR SUSPENSION OF OBLIGATION OF PAYMENT OF DEBT) SUBMITTED BY MODIPALM ENGINEERING SDN BHD
For consistency purposes, the abbreviations and definitions used throughout this announcement are the same as those previously defined in the announcement dated 8 February 2017 Reference is made to the Company’s announcement dated 8 February 2016. The Board of Directors of TDM Berhad wishes to announce that its subsidiary, PT Rafi Kamajaya Abadi (“PT RKA”) had on 9th February 2017 attended the hearing at the Central Jakarta Commercial Court. The Hearing was scheduled for verbal decision by presiding judges. The presiding judges decided to reject Modipalm’s petition against PT RKA on the basis that the debt/outstanding cannot be simply proven in accordance to the Permohonan Penundaan Kewajipan Pembayaran Utang ("PKPU") requirements. With the above decision by Central Jakarta Commercial Court, the matter is now  closed. This announcement is dated 10 February 2017.

Type	Announcement
Subject	MATERIAL LITIGATION
Description	FURTHER ANNOUNCEMENT ON PERMOHONAN PENUNDAAN KEWAJIPAN PEMBAYARAN UTANG (APPLICATION FOR SUSPENSION OF OBLIGATION OF PAYMENT OF DEBT) SUBMITTED BY MODIPALM ENGINEERING SDN BHD
Please refer to the announcement attached. This announcement is dated 10 February 2017

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5335097

Attachments TDM Berhad-Further announcement on Material Litigation (Modipalm).pdf

pts2222

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS
Description	TDM BERHAD ("TDM")EXECUTION OF A HEADS OF AGREEMENT ("HOA") BETWEEN TDM AND TERENGGANU INCORPORATED SDN BHD ("TI") FOR THE PROPOSED ACQUISITION OF TI'S 42.64% EQUITY INTEREST IN LADANG RAKYAT TRENGGANU SDN BHD ("LADANG RAKYAT") ("PROPOSED ACQUISITION")
On behalf of the Board of Directors of TDM, CIMB Investment Bank Berhad wishes to announce that TDM had, on 27 February 2017, entered into a HOA with TI to acquire its entire 42.64% equity interest in Ladang Rakyat. Please refer to the attachment for further details of the Proposed Acquisition. This announcement is dated 27 February 2017.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5348493

Attachments TDM Announcement - HOA - 27022017.pdf

哭哭鸟

Type	Announcement
Subject	NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) BONUS ISSUES
Description	TDM BERHAD ("TDM" OR "COMPANY")PROPOSED BONUS ISSUE OF UP TO 150,546,238 NEW ORDINARY SHARES IN TDM ("BONUS SHARE(S)") ON THE BASIS OF ONE (1) NEW ORDINARY SHARE IN TDM FOR EVERY TEN (10) EXISTING ORDINARY SHARES IN TDM ("TDM SHARE(S)" OR "SHARE(S)") HELD AT A DATE TO BE DETERMINED AND ANNOUNCED LATER ("PROPOSED BONUS ISSUE")
On behalf of the Board of Directors of TDM, RHB Investment Bank Berhad wishes to announce that the Company intends to carry out the Proposed Bonus Issue. Please refer to the attachment for details of the announcement. This Announcement is dated 28 February 2017.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5351933

Attachments Announcement - Proposed Bonus Issue (FINAL).pdf

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Dec 2016

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Dec 2016	31 Dec 2015	31 Dec 2016	31 Dec 2015
		$$'000	$$'000	$$'000	$$'000

1	Revenue	125,345	112,558	428,697	380,830
2	Profit/(loss) before tax	-4,162	56,646	36,006	69,350
3	Profit/(loss) for the period	-21,875	53,552	18,479	69,426
4	Profit/(loss) attributable to ordinary equity holders of the parent	-21,685	53,411	21,474	70,929
5	Basic earnings/(loss) per share (Subunit)	-1.44	3.60	1.43	4.79
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 ($$)	0.9900		0.9600

积极转型纯种植．嘉隆扩大地库

（吉隆坡2日讯）嘉隆发展（TDM,2054,主板种植组）积极扩展种植地库，并宣布“10送1”红股计划，却不足以改善深受由盈转亏打击的市场情绪。

截至去年12月31日止，该公司第四季净亏2168万5000令吉，远逊前期的5341万1000令吉净利，全年净利则急挫69.72%至2147万4000令吉。

嘉隆发展建议从股票溢价户头中融资，以10送1比例派送最多1亿5054万6238股红股。

早前嘉隆发展计划收购登州政府子公司42.64%权益，持有权从19.12%增至61.76%，位于登州种植地库面积，将由3万1848公顷增至4万3315公顷。

不包括新收购的种植地库，该公司在大马及印尼共有6万英亩种植地库。种植业务贡献该公司80%的营业额，余下20%营业额贡献则来自医疗保健领域。

该公司管理层曾表示，有意将医疗业务分拆上市，藉以释放价值，并成为纯种植业者，并期望在3至5年内，转型至纯种植业者。



文章来源：
星洲日报／财经‧2017.03.03

icy97

Type	Announcement
Subject	OTHERS
Description	TDM BERHAD-PROPOSED FIRST AND FINAL DIVIDEND
The Board of TDM Berhad is pleased to propose a first and final dividend of 0.50 sen per share, tax exempt under the single-tier system in respect of the financial year ended 31 December 2016, subject to the shareholders' approval at the forthcoming 52nd Annual General Meeting. The board of Directors have also determined that the TDM’s Dividend Reinvestment Scheme (“DRS”) will apply to the entire dividend, whereby the shareholders will be given the option to elect to reinvest the whole or part of the dividend into new ordinary shares of TDM. The listing of and quotation for the new ordinary shares of TDM to be issued pursuant to the DRS will be subject to the approval of Bursa Securities being obtained, to which an application will be submitted in due course. The decision of Bursa Securities and the Book Closure Date will be announced by TDM at a later date. This announcement is dated 5 April 2017

cai

这消息是好消息吗？

Tony-Pua

cai 发表于 8-4-2017 10:55 PM
这消息是好消息吗？

拿股息0.5仙only.................

cai

Tony-Pua 发表于 8-4-2017 11:09 PM
拿股息0.5仙only.................

那么假如手头有10粒。。股息多少呢?
几时派呢？

Tony-Pua

cai 发表于 9-4-2017 11:00 PM
那么假如手头有10粒。。股息多少呢?
几时派呢？

如你的10粒是大粒的？？ 10000unit= rm50股息 only.............

Tony-Pua

2054    TDM    TDM BHD

Quarterly rpt on consolidated results for the financial period ended 31/03/2017

Quarter: 1st Quarter Financial Year End: 31/12/2017 Report Status: Unaudited Submitted By: Current Year Quarter Preceding Year Corresponding Quarter Current Year to Date Preceding Year Corresponding Period 31/03/2017 31/03/2016 31/03/2017 31/03/2016 RM '000 RM '000 RM '000 RM '000 1 Revenue 113,904 97,522 113,904 97,522 2 Profit/Loss Before Tax 28,682 (5,319) 28,682 (5,319) 3 Profit/(loss) attributable to ordinary equity holders of the parent 22,483 (2,888) 22,483 (2,888) 4 Net Profit/Loss For The Period 21,783 (4,668) 21,783 4,668 5 Basic Earnings/Loss Per Shares (sen) 1.49 (0.19) 1.49 (0.19) 6 Dividend Per Share (sen) 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 (RM) 0.8900 0.8700

wwy123

嘉隆业绩佳,为何股價好像死魚一样不起反跌...

Tony-Pua

wwy123 发表于 27-5-2017 09:57 AM
嘉隆业绩佳,为何股價好像死魚一样不起反跌...

耐心等待。。。。種稙股还没儤发。。。

Tony-Pua

EX-date	29 Jun 2017
Entitlement date	03 Jul 2017
Entitlement time	05:00 PM
Entitlement subject	Bonus Issue
Entitlement description	Bonus issue of up to 150,546,238 new ordinary shares in TDM Berhad (TDM) (Bonus Share(s)) on the basis of one (1) new ordinary share in TDM for every ten (10) existing ordinary shares in TDM (TDM Share(s) or Share(s)) held.
Period of interest payment	to
Financial Year End	31 Dec 2017
Share transfer book & register of members will be	to   closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no	TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHDUnit 32-01, Level 32, Tower A,Vertical Business Suite, Avenue 3, Bangsar South,No. 8, Jalan Kerinchi59200 Kuala LumpurTel:0327839299Fax:0327839222
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	03 Jul 2017
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	Ratio
Ratio	1 : 10

Tony-Pua

Type	Announcement
Subject	NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) OTHER ISSUE OF SECURITIES
Description	DIVIDEND REINVESTMENT SCHEME ("DRS") ON THE FIRST AND FINAL DIVIDEND IN RESPECT OF THE FINANCIAL YEAR ENDED 31 DECEMBER 2016
We refer to the announcements dated 19 May 2017 and 26 May 2017 in relation to the DRS (“Announcements”). Unless otherwise stated, the definitions used herein shall have the same meanings as set out in the Announcements. On behalf of TDM, CIMB wishes to announce that the issue price of the new Shares to be issued pursuant to the DRS, which is applicable to the entire Final Dividend (0.50 sen per Share in respect of the financial year ended 31 December 2016), has been fixed today (“Price Fixing Date”) at RM0.59 per new Share (“Issue Price”). The Issue Price represents a discount of RM0.0655 or approximately 9.92% to the theoretical ex-dividend volume weighted average market price (“VWAMP”) of approximately RM0.6550, which was arrived at after taking into consideration the 5-day VWAMP up to and including 9 June 2017, being the last trading day prior to the Price Fixing Date, of approximately RM0.6600 per Share and the Final Dividend. The entitlement date pursuant to the Final Dividend has been fixed on 3 July 2017. Barring any unforeseen circumstances, the new Shares to be issued pursuant to the DRS will be listed on the Main Market of Bursa Securities on 2 August 2017. This announcement is dated 13 June 2017.

EX-date	29 Jun 2017
Entitlement date	03 Jul 2017
Entitlement time	05:00 PM
Entitlement subject	Final Dividend
Entitlement description	Tax Exempt Dividend Under Single Tier System of 0.50 sen per Ordinary Share
Period of interest payment	to
Financial Year End	31 Dec 2016
Share transfer book & register of members will be	to   closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no	TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHDUnit 32-01, Level 32, Tower A,Vertical Business Suite, Avenue 3, Bangsar South,No. 8, Jalan Kerinchi59200Kuala LumpurTel:0327839299Fax:0327839222
Payment date	02 Aug 2017
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	03 Jul 2017
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	0.005

Tony-Pua

5年攻20亿市值
嘉隆发展放眼马股百强
2017年7月4日
http://www.enanyang.my/news/20170704/5年攻20亿市值br-嘉隆发展放眼马股百强/

（吉隆坡4日讯）嘉隆发展（TDM，2054，主板种植股）冀望2022年，市值可达20亿令吉，晋升成为马股百大市值上市公司。

目前，嘉隆发展的市值为10亿190万令吉。

董事经理拿督莫哈末慕达日前在州务大臣的开斋节庆典上说：“专注在种植和医疗领域的嘉隆发展，也放眼在未来5年内，取得2亿令吉盈利，及派息1亿令吉。”

为了实现目标，嘉隆发展需着手拓展种植业务，也已申请了政府的土地发展项目，这将造福于民和创造近1000个就业机会。

着重提升效率

此外，该公司计划提高效率，以管理种植和医疗业务。

至今，嘉隆发展在登嘉楼拥有12个油棕种植地，而在印度加里曼丹有一片面积达3万公顷的种植地，其中1万3000公顷是油棕种植地。

“我们正在改善种植管理效率，通过聘雇富有经验者，管理加里曼丹的种植地。”

该公司也在登嘉楼、关丹和雪兰莪，拥有4家医院，而位于登嘉楼的新医院，将在9月营运，建设成本为1亿令吉，共130张病床。

“我们正等待卫生部的营运批准，希望可在1个月内获批。”

为了提升管理效率，该公司也积极提出转型计划，以加强雇员技巧，确保雇员具备高效的管理技巧，以利于公司、股东和社会。

icy97

Date of change	29 Jul 2017
Name	LT GEN (R) TAN SRI DATO' HAJI WAN ABU BAKAR BIN HAJI WAN OMAR
Age	68
Gender	Male
Nationality	Malaysia
Designation	Chairman
Directorate	Non Independent and Non Executive
Type of change	Demised

icy97

TDM BERHAD

1. Details of Corporate Proposal
Involve issuance of new type/class of securities ?	No
Types of corporate proposal	Others
Details of corporate proposal	DIVIDEND REINVESTMENT SCHEME
No. of shares issued under this corporate proposal	1,868,900
Issue price per share ($$)	Malaysian Ringgit (MYR)   0.5900
Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following
Units	1,657,877,501
Issued Share Capital ($$)	Malaysian Ringgit (MYR) 345,017,013.000
Listing Date	03 Aug 2017

Tony-Pua

未实现外汇亏损1050万．嘉隆次季转亏514万
http://www.sinchew.com.my/node/1678016/

（吉隆坡31日讯）归咎1050万令吉未实现外汇亏损，嘉隆发展（TDM，2054，主板种植组）截至2017年6月30日次季由盈转亏，从前期的2263万令吉盈利转亏514万2000令吉，拖累首半年净利跌12.16%至1734万令吉。

该公司次季营业额走低3.24%至9971万7000令吉，其中棕油价走高7%至每公吨2850令吉，然而受棕仁油走低6%至2076令吉抵销；两种油产量增长4%至1万9097公吨和4813公吨，销量却因开斋节而走低。

种植业受高融资成本、大马翻种成本，印尼种植业则受未实现外汇亏损，导致次季税前亏损580万，前期税前盈利2090万令吉。保健业病黎人数挫5%，促使营收跌3%至4320万，税前盈利跌31.6%至130万令吉。

该公司文告说，截至首半年营运现金流增113%至6010万，银行储备半年内增长12.7%至1亿3770万令吉，总贷款减1.8%至8.098亿令吉。

展望未来，该集团董事经理拿督莫哈末慕达表示公司致力棕油可持续生产准则以获更高溢价，可改善棕油、保健业成本效益，长远为公司带来利益。

该公司今日宣布，60岁的登州秘书长拿督旺纳瓦威，受委嘉隆发展非独立非执行主席。

文章来源：
星洲日报‧财经‧2017.08.31

2054    TDM    TDM BHD

Quarterly rpt on consolidated results for the financial period ended 30/06/2017

Quarter: 2nd Quarter Financial Year End: 31/12/2017 Report Status: Unaudited Submitted By: Current Year Quarter Preceding Year Corresponding Quarter Current Year to Date Preceding Year Corresponding Period 30/06/2017 30/06/2016 30/06/2017 30/06/2016 RM '000 RM '000 RM '000 RM '000 1 Revenue 99,717 103,054 213,620 200,576 2 Profit/Loss Before Tax (4,451) 22,824 24,229 17,505 3 Profit/(loss) attributable to ordinary equity holders of the parent (5,142) 22,629 17,340 19,741 4 Net Profit/Loss For The Period (5,954) 22,193 15,828 17,525 5 Basic Earnings/Loss Per Shares (sen) (0.34) 1.53 1.15 1.33 6 Dividend Per Share (sen) 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 (RM) 0.8800 0.8700

Tony-Pua

rm0.505.............