Stock Name = ANCOM BERHAD - ANCOM Date = 27/01/14 Price Current = 0.35 Yesterday = 0.36 EPS Increase % = 166.67 Current EPS = 2.08 Previous EPS = 0.78 Dividen % = 0 PE Current = 4.21 Previous = 11.3 Target Price (EPS) = 0.933
Report Summary
The improved result of the Group for the current financial period and quarter ended
30 November 2013 is primarily due to the costs management and lower corporate
expenses.
Agricultural and Industrial Chemicals
The division posted revenue of RM446.3 million for the current financial quarter
compared with RM451.2 million recorded in the corresponding quarter last year. The
lower revenue growth was mainly attributed to the agricultural chemical business due
to competitive environment for one of its products in the overseas market.
Nevertheless, higher revenue posted by the industrial chemical business in Malaysia
and Singapore have partially offset the decrease. Segmental profit fell marginally to
RM14.9 million from RM15.0 million a year ago with better profit margins from
production efficiencies.
Polymer
The Polymer Division achieved higher sales of RM34.4 million for the current financial
quarter, which represents an increase of 3.3% from RM33.3 million in the
corresponding quarter last year. The improved revenue was mainly attributed to
higher export sales for its sub-soil drainage products. However, due to the
devaluation of the Indonesian Rupiah coupled with the increase in raw material
prices which eroded product margins, the Division registered lower PBT of
RM3.6 million compared with RM4.3 million achieved in the same quarter last year.ANCOM BERHAD
Logistics
During the financial quarter ended 30 November 2013, revenue from the Logistics
segment increased to RM15.9 million compared with RM14.7 million in the
corresponding quarter last year. Segmental profit improved marginally to RM1.2
million compared with RM1.1 million a year ago in line with higher revenue.
Information Technology
The division posted revenue of RM1.3 million compared with RM1.4 million in the
corresponding quarter last year. Segmental loss increased to RM0.6 million compared
with RM0.2 million last year. The continued pressure on profit margins from the
competitive biddings in the local IT industry remained the key problem faced by the
division. Further, the division is incurring start-up costs relating to the establishment of a
new IT related business.
Media
The revenue of the Media division increased to RM34.4 million compared with RM33.3
million in the corresponding financial quarter last year. The division posted segmental
profit of RM0.2 million in the current financial quarter compared with segmental loss of
RM4.7 million a year ago. This is primarily attributed to the improvement in revenue
coupled with lower production costs.
Prospects
Among the key business segments, Agricultural and Industrial Chemical Division
should perform satisfactorily but there is pressure on profit margins as product
suppliers and logistic providers seek higher prices. Logistics Division should maintain its
performance with its existing capacities and utilisations. The Polymer Division is
expected to be satisfactory despite stiff competitions from cheaper imports. After
undergoing structural and operational reorganisation in the past, Media division is
now in a better position for future growth.
Date | EPS | Dividen |
Profit/(loss) attributable to
| Net Asset Per Share |
|---|---|---|---|---|
| 27/01/14 06:21 PM | 2.08 | 0 | 4,504 | 1.29 |
| 29/10/13 09:00 AM | 0.78 | 0 | 1,683 | 1.27 |
| 31/07/13 05:30 PM | -2.07 | 0 | -4,486 | 1.28 |
| 30/04/13 12:00 AM | -1.24 | 0 | -2,684 | 1.3 |
| 30/01/13 12:00 AM | -4.02 | 0 | -8,690 | 1.31 |
| 29/10/12 12:00 AM | -1.84 | 0 | -3,980 | 1.36 |
| 31/07/12 12:00 AM | -2.48 | 0 | -5,369 | 1.38 |
| 24/04/12 12:00 AM | -0.02 | 0 | -44 | 1.39 |
| 20/01/12 12:00 AM | -1.2 | 0 | -2,591 | 1.41 |
| 27/10/11 12:00 AM | -0.45 | 0 | -963 | 1.41 |
| 27/07/11 12:00 AM | 2 | 0 | 4,370 | 1.4 |
| 27/04/11 12:00 AM | 0.36 | 0 | 796 | 1.38 |
| 25/01/11 12:00 AM | -2.85 | 0 | -6,181 | 1.4 |
| 26/10/10 12:00 AM | -4.47 | 0 | -9,095 | 1.43 |
| 30/07/10 12:00 AM | -0.12 | 0 | -266 | 1.48 |
| 27/04/10 12:00 AM | -0.48 | 0 | -1,045 | 1.5 |
| 26/01/10 12:00 AM | 0.17 | 0 | 358 | 1.52 |
| 27/10/09 12:00 AM | 1.13 | 0 | 2,445 | 1.53 |
| 31/07/09 12:00 AM | 1.8 | 0 | -5,334 | 1.53 |
| 30/04/09 12:00 AM | - | - | -10,543 | 1.56 |
| 22/01/09 12:00 AM | - | - | -484 | 1.74 |
| 29/10/08 12:00 AM | - | - | 9,631 | 1.73 |
| 31/07/08 12:00 AM | - | - | 43,884 | 1.75 |
| 29/04/08 12:00 AM | - | - | -2,127 | 1.57 |
| 29/01/08 12:00 AM | - | - | 9,550 | 1.57 |
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