【HUNZPTY 5018 交流专区】汇华产业

scsiang82

Tuesday April 22, 2008
Hunza spending RM10m to restore heritage building
By DAVID TAN

PENANG: A heritage building in Hunza Properties Bhd's Gurney Paragon mixed development project will be modelled after the famous CHIJMES in Singapore.

Executive chairman Datuk Khor Teng Tong told a press conference recently the group had allocated RM10mil to restore the St Joseph’s Novitiate built by the Christian De La Salle Brothers in 1916.

Also present was the company's conservation consultant, Assoc Prof A. Ghafar Ahmad from Universiti Sains Malaysia’s school of housing, building, and planning.

“This is the first time a developer in Penang is restoring and incorporating heritage structures into a mixed development project.

“We are trying to model the three-storey, 32,000 sq ft St Joseph Noviate building after Singapore's Convent of the Holy Infant Jesus, a school converted into an enclave of fine dining and retail boutiques,” Khor said.

He said one of the aims of restoring the building and opening it to the public was to educate visitors on the history of St Joseph Novitiate.

The company's restoration efforts were endorsed by the state tourism action council last year.

Khor said the conservation of the building in the Gurney Paragon project, with an estimated gross sales value of over RM1.2bil, would help raise the value of properties near it.

Ghafar said another heritage structure in the Gurney Paragon project, the 430 sq ft National Shrine of the Boy Jesus, would be dismantled, salvaged and reconstructed at a new site.

http://biz.thestar.com.my/news/story.asp?file=/2008/4/22/business/20952153&sec=business

scsiang82

檳基建計劃生變帶來衝擊‧產業領域評級調降
大馬財經 財經焦點  2008-04-29 10:59


第二檳城大橋面對取消的風險，令建築領域評級面對下調的風險。


（吉隆坡）第二檳城大橋、檳城單軌鐵道和外環公路計劃齊生變數，大型基建計劃的落實充斥不穩定風險，就連產業市場展望也受波及，聯昌研究調降產業領域評級至“中和”。

評級調降至中和

聯昌研究表示，檳城基建計劃延宕已是意料中事，只是檢討的發展比想像中快速。早前認為只是檢討執行，完全取消的局面出乎意料之外，對檳城的產業市場帶來負面影響。

“不穩定因素牽制產業價格和交易，衝擊購屋者的情緒和信心。”該行指出，部份檳城的發展商表示，產業交易降溫；許多購屋者，尤其是外國人採取等待觀察態度。

匯華產業在檳產業最廣泛

根據聯邦政府的說辭，一些計劃的延宕主要是缺乏共識和配合。由於土地相關事項決定權在州政府手上，雙方的合作成為系列計劃是否成功執行的關鍵。

聯昌研究表示，其中250億令吉的檳城環球城中城計劃前景未定，受影響的產業公司包括實達（SPSETIA，8664；主板產業組）、馬星集團（MAHSING，8583；主板產業組）和匯華產業（HUNZPTY，5018；主板產業組）。

該行指出，匯華產業在檳州的產業涉及最廣泛，雖然沒有預見長期顯著衝擊，但北部潛在政治風險高企。媒體報導，其新關仔角綜合發展計劃Gurney Paragon也可能展開檢討，但管理層表示仍未獲正式傳召。

分析員認為，由於該購物中心將打造成為新旅遊景點，相信取消相關計劃的可能性微。由於匯華產業提供誘人估值和7%的週息率，該行保持“超越大市”評級，現有軟弱的股價走勢已經反映大部份壞消息。

建築領域評級或下調

第二檳城大橋和單軌鐵道計劃可能取消，突顯建築領域的前景“不妙”。僑豐研究表示，北馬大型計劃的延宕和取消皆成事實，建築領域的“中和”評級面對下調的風險。

分析員表示：“雖然目前沒有最終結論，跡象顯示向南發展，投資者宜謹慎為上。”

北部面對最大政治風險

他說，即使朝野執政黨皆承認建築第二檳城大橋的需要，但相關計劃仍面對延宕的風險，這意味著其餘讓雙方出現歧見的工程計劃變數更大。

他強調：“北部經濟發展走廊是5個經濟走廊中，面對最大政治風險的發展，投資者應敬而遠之。”

他指出，35%第8大馬計劃工程延遞至第9大馬計劃。如今按成本揚升、政治風險和執行遜色趨勢看來，歷史可能重演。

UEM馬資源衝擊最顯著

負責檳城第二大橋的UEM集團，以及對單軌鐵道計劃勢在必得的馬資源（MRCB，1651，主板建築組）衝擊最深。

UEM世界（UEMWRLD，1775；主板建築組）挫跌4仙至3令吉30仙，UEM建築（UEMBLDR，4855；主板建築組）則以1令吉25仙平盤收掛。馬資源則跌2仙至1令吉45仙。

僑豐研究指出，除了UEM建築和馬資源衝擊顯著，最新發展也對涉及北部經濟發展走廊的建築業者造成打擊。

其中包括檳城大橋的延宕對提供結構箱型樑橋的MTDACPI工程（MTDACPI，5924；主板建築組）業務造成影響；怡觀資本（EQUINE，1147；主板產業組）則受檳城環球城中城衝擊；在吉打負責宿舍建築計劃的林葉資本（TSRCAP，5042；主板建築組）；及涉足雙軌鐵道計劃的金務大（GAMUDA，5398；主板建築組）。

若攫取單軌鐵道計劃‧馬資源潛在總值將增至35億

聯昌研究表示，具備經濟用途的單軌鐵道雖生變數，但已經納入國家基建公司提升交通系統預算當中。若馬資源最終成功攫取該項計劃，潛在總值將增至35億令吉。

分析員指出，即使新州政府考慮美麗華工業（MELEWAR，3778；主板工業產品組）提呈的22億令吉新建議，最終仍須獲得交通部和經濟策劃單位的首肯。

目前，單軌鐵道鹿死誰手還不得而知，單單是批准過程就須耗一段時間。相比之下，公開競標的外環公路，對馬資源的潛在影響反而不大。

聯昌研究維持馬資源總值25億令吉的工程合約預測，但將2009至2010財政年的工程補充預測，從早前10億令吉下修至每年6億令吉。倘若單軌鐵道按照原定計劃展開，將對馬資源帶來俏麗貢獻。

星洲日報／財經‧2008.04.29

http://biz.sinchew-i.com/node/12258

tksdie

耗一段時間 = 慢火煮青蛙

我不难过

现在的1.90已经接近底价了，买进的话还不至于多大风险。

scsiang82

又有一篇坏消息了。。。

16-05-2008: PHT calls for review of Hunza Properties’ RM650m project
by Regina William
Email us your feedback at fd@bizedge.com

PENANG: The Penang Heritage Trust (PHT) has called on the state government to review Hunza Properties Bhd’s RM650 million Gurney Paragon project in Jalan Kelawai, which has already obtained the planning permission from the Penang Island Municipal Council (MPPP).

PHT president Dr Choong Sim Poey said despite receiving more than 70 objections on the development plan on the former St Joseph’s College site, MPPP over-ruled them.

Choong highlighted weaknesses in the planning approval process for the project which he said was an example of a massive commercial development approved by MPPP in bad faith.

“PHT wants this approval to be seen as an example of how opaque and irrational the present planning process is and, secondly, the need for wider consultations beyond the neighbouring lots,” he added.

A resident living nearby had filed an objection with the Appeals Board last year and this resulted in the MPPP being forced to give an official account for giving the approval and over-ruling the resident, who later withdrew the objections just before the hearing in March this year.

When PHT and other NGOs raised objections, MPPP said the council was not required to take into consideration their views.

Choong, who obtained the document, said the rationale given by MPPP for the approval should be made public and there were sufficient contradictions to warrant an immediate review.

Gurney Paragon is a mixed integrated development consisting of two 43-storey service apartment towers, a 37-storey business tower, other commercial buildings, including a heritage building spread over 4ha of freehold land on Gurney Drive fronting the sea.

The land formerly occupied by the Uplands International School was purchased by Hunza Properties in 2004 for RM97 million.

Gurney Paragon has a total gross development value of close to RM1 billion and piling work has begun with the project scheduled to be completed by 2010.

Chief Minister Lim Guan Eng said recently the project would be reviewed if justifiable grounds were presented by affected parties and public interest groups.

http://www.theedgedaily.com/cms/content.jsp?id=com.tms.cms.article.Article_efd63fd3-cb73c03a-d5276a00-8d5d2be0

stanleymyc

越多坏消息，越好

stanleymyc

同样看法

stanleymyc

你的买入价多少??

stanleymyc

刚刚看了annual report 和 analyst 分析。

底pe ~ 6，高成长， dividend yield up to 7% less tax, 不过debt ratio 太高了。

如果他维持12.5sen dividend, RM1。80 买入价很不错。

这个股从去年九月就泄到现在了 ， 最高曾经到RM3。80，

不过，正真吸引我的地方， 在2003 年九月宣布时right issue for sales, ，到2004 年三月正式发售，这段期间，股价大涨90%.

现在， 他又要宣布时right issue for sales (时间未定， 不过， 已经申请extension，半年内打算发售)。看来老板也是庄家。

可能先买妈妈，过后再买儿子投机。

最近，老板买入warrants, 可能他已经在铺路了。。

弹煮

儿子1.60，geng咧 ？

stanleymyc

坏消息发挥功能了。。

１。８ 我排

弹煮

我没钱买

stanleymyc

我排很久了,没有人卖我。。这个股打算分三次买，

弹煮

此股通常在收市前会有人丢票给你

stanleymyc

买不到

还有人出一阳指搞搞震

1.87 1 lot..

scsiang82

SUMMARY OF KEY FINANCIAL INFORMATION

31/03/2008

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31/03/2008	31/03/2007	31/03/2008	31/03/2007
		RM'000	RM'000	RM'000	RM'000
1	Revenue	54,066	44,667	191,860	120,301
2	Profit/(loss) before tax	13,439	11,451	53,474	35,625
3	Profit/(loss) for the period	9,704	8,436	38,891	25,610
4	Profit/(loss) attributable to ordinary equity holders of the parent	9,660	7,662	38,302	23,304
5	Basic earnings/(loss) per share (sen)	6.37	6.74	27.68	20.50
6	Proposed/Declared dividend per share (sen)	3.70	5.00	3.70	5.00
		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 (RM)	2.0700		1.8900

Note: For full text of the above announcement, please access Bursa Malaysia website at www.bursamalaysia.com

Remarks :

http://announcements.bursamalaysia.com/EDMS/edmsweb.nsf/LsvAllByID/48256E5D00102DF44825745500351FFD?OpenDocument

scsiang82

Performance review of the Group
The Group achieved revenue of RM54 million and profit before tax of RM13 million for current quarter which is 20% and 15% higher as compared to the preceding year’s corresponding quarter. The increase is mainly attributable to:
i)        The Group’s two high-end projects, ie Phase 1 Service Condominiums of Gurney Paragon and the Infinity projects have started contributing to the Group.
ii)        Improved take up rate for Alila project in line with higher physical completion, ie 96% as compared to previous year (recorded at 48%).

Higher gross profit margin for preceding year’s corresponding quarter mainly resulted from the strong sales of Bandar Putra Bertam’s shop offices at higher margin (developed by Bandar Kepala Batas Sdn Bhd, a 70% owned subsidiary of the Group). This also explained for the higher share of minority interest in that quarter. Besides, our trading segment was enjoying higher profit margin for preceding year. However to be competitive and stay relevant in the industry, our trading segment had reviewed its margins and had to make necessary downwards revision.


Material changes in the quarterly results as compared with preceding quarter
The Group recorded a net profit of RM9.7 million for current quarter as compared to RM16.6 million for the quarter ended 31 December 2007. The result was lower for current quarter mainly due to:
i)        Write back of provision of diminution in Collateral Loan Obligation (CLO) Subordinated Bond of RM1.4 million in immediate preceding quarter.
ii)        Physical construction work was completed for Bandar Putra Bertam Phase 2C and Alila Horizon (ie condominiums) during 2nd quarter and hence bulk of the attributable profit was recognised in that quarter.
iii)        The property sales during current quarter have slowed down due to negative impact from global economic outlook and uncertainty in local environment.

Lower gross profit margin for current quarter as compared to preceding quarter is mainly due to change in product mix. There was higher percentage of trading revenue (enjoying lower profit margin) in current quarter compared to preceding quarter. Whereas the proportion of revenue generated from property development activities (enjoying higher profit margin) to total revenue is lower for this quarter.

Prospects for the current financial year
The Board takes cognizance of B2 (iii) above. While Financial Year 2008 full year results is on track to be the highest on record, going forward, the Board expects strong growth to re-materialize when the global and local uncertainties are addressed.

弹煮

eps和股息都缩水

melissafon

原帖由 弹煮 于 26-5-2008 06:21 PM 发表
eps和股息都缩水

频密地酝酿着风暴，今日最低 1.75 最高 1.84，公司回购 1.88，打算买几粒放着生蛋
HUNZA PROPERTIES BERHAD

====26/05/2008	Notice of Shares Buy Back -  Immediate Announcement
====26/05/2008	PROPOSED DECLARATION OF A FIRST INTERIM SINGLE TIER EXEMPT DIVIDEND FOR THE YEAR ENDING JUNE 30, 2008
====26/05/2008	Quarterly rpt on consolidated results for the financial period ended 31/3/2008
====26/05/2008	Notice of Shares Buy Back by a Company pursuant to Form 28A
====22/05/2008	Notice of Shares Buy Back -  Immediate Announcement
====21/05/2008	Notice of Shares Buy Back -  Immediate Announcement
====20/05/2008	Notice of Shares Buy Back -  Immediate Announcement
====16/05/2008	Notice of Shares Buy Back -  Immediate Announcement
====16/05/2008	Notice of Shares Buy Back by a Company pursuant to Form 28A
====15/05/2008	Notificationunder Chapter 14 of Bursa Securities' Listing Requirements on Dealingin securities by Director during closed period
====14/05/2008	Notificationunder Chapter 14 of Bursa Securities' Listing Requirements on Dealingin securities by Director during closed period
====13/05/2008	Notificationunder Chapter 14 of Bursa Securities' Listing Requirements on Dealingin securities by Director during closed period
====12/05/2008	Noticeof Intention to Deal during Closed Period pursuant to Chapter 14 of theListing Requirements of Bursa Malaysia Securities Berhad
====12/05/2008	Notificationunder Chapter 14 of Bursa Securities' Listing Requirements on Dealingin securities by Director during closed period
====12/05/2008	Notice of Shares Buy Back -  Immediate Announcement

弹煮

请不要盲目相信share buy back就是好的。
topglov也是从8块买到四块，好吗？