【PICORP 7201 交流专区】前进机构

yjk1984

根据PIC公司（PICORP，7201）这间第二板公司的2006年的年报看来，这间企业握相当多的现金，至少有两千五百万，今天的闭市是RM2.94,大家怎样看？

公司的2006年的Total Equity 是 RM 76,846,658   ，
现金Cash and bank balances为  RM 25,828,798
总债务Total liabilities是 RM 11,072,641
Share capital则是 47,000,000

收入Revenue                   RM 55,255,056
Net profit for the period    RM 15,384,326


PIC沙地聯號公司獲1239萬合約
2007-11-29 19:09
（吉隆坡訊）PIC公司（PICORP，7201）旗下沙地阿拉伯聯號公司ASMA環境方案，獲吉達市政府總值1239萬4781令吉合約。

該公司發表文告指出，合約為期3年，負責執行綜合蟲害處理的標準表現監督計劃，以及當地免疫實驗室的營運。


PIC公司（PICORP，7201）建議以5送2比例派發紅股，同時將每股面值50股票拆細為5股面值10仙股票，提高繳足資本至超過6000萬令吉，以符合申請轉至主板的上市資格。

有關活動將提高該公司股票流通量，加上其主板上市地位，料可吸引更多投資者青睞，對公司未來營收無害，維持其2007及2008財政年淨利各別增長25.4%和9.2%，至1530萬和1670萬預測。

隨著與天然資源與環境部簽署特許協議，料為該公司帶來穩定收入，而管理層也積極發展環境諮詢和測試領域，多元化營收管道，從而減少對該協議的依賴。

主評：艾芬投資銀行
建議：買進
公司：PIC公司（PICORP，7201）
級別：二板貿服組
大股東：Zaiyadal家族私人有限公司（38.8%）；哈芝再益（20.3%）
繳足資本：9400萬股
核心業務：環境諮詢、設備和管理服務
20/7/07閉市價：2令吉38仙

每股數據
財政年（31/12）    2006    2007*
每股淨有形資產（令吉）    0.74    0.81
每股盈利（仙）    13.0    16.2
每股股息（仙）    7.9    8.6
周息率（%）    3.5    3.8
派息率（%）    47    44
股本回酬（%）    18    20

（*預測）

星洲日報/投資廣場•2007.07.22

[ 本帖最后由 Mr.Business 于 11-12-2007 09:12 AM 编辑 ]

江百虎

基本面良好，超穩定的公司。。。

吟雪

我也来顶一下，基本面很稳的公司

神我人

转贴最新的报告.....

Qtrly rpt for financial period ended 31/3/2008 (Amended)  
Quarter: 1st Quarter
Financial Year End: 31/12/2008
Report Status: Unaudited
Submitted By: KUAN HUI FANG

          Current Year            Preceding Year      Current Year         Preceding Year
              Quarter         Corresponding Quarter      to Date        Corresponding Period
               31/03/2008                31/03/2007      31/03/2008               31/03/2007
                     RM '000                     RM '000             RM '000                    RM '000
1 Revenue       14,895                       13,575                14,895                     13,575
2 Profit/Loss      5,899                          5,592                 5,899                       5,592
Before Tax
3 Profit/Loss       4,247                        4,109                  4,247                       4,109
After Tax and Minority Interest
4 Net Profit/Loss 3,207                         3,158                 3,207                       3,158
For The Period
5 Basic Earnings 0.49                             0.48                 0.49                          0.48
/Loss Per Shares (sen)
6 Dividend           0.72                             4.19                 0.72                          4.19
Per Share (sen)
                                                                As At End of                     As At Preceding
                                                             Current Quarter               Financial Year End
7 Net Tangible Assets Per Share (RM)           0.1300                            0.8300

8years

股价明显有泡沫的成分
以这个价位买进的人长期投资的回报率肯定是低的

8years

讲错，是超级大泡沫。只有白痴才会以价值的观念来投资。
不过投机到是非常好的选择。明显背后的炒家份量非常厉害。有当年mobif,ftec的影子。
不排除迟早有一天突然暴跌来收场。

[ 本帖最后由 8years 于 8-5-2008 10:23 AM 编辑 ]

scsiang82

Picorp upbeat on Sudan project
By Kamarul Yunus Published: 2008/05/30

PROGRESSIVE Impact Corp Bhd (Picorp) expects the US$60 million waste (US$1 = RM3.25) management project in Sudan to start contributing to its revenue by next year, with a projected collection of between US$5 million and US$6 million per year from households in Khartoum.

Group executive director Hassan Hussain said the company does not have to wait for bill collection from the households until construction work of the Package 1 of the project is completed, which is scheduled within two years' time.

"Under the agreement, the concessionaire of the project can start collecting charges for the services provided once the houses are connected with our waste management system.

"We expect to connect pipes to between 20,000 and 40,000 houses under Package 1 and collect payment for our services starting early next year," he told a press briefing after Picorp's annual general meeting in Shah Alam yesterday.



Picorp secured the 30-year concession sewerage project for the state of Khartoum through its acquisition of a 60 per cent stake in Sudan's Sewerage and Environmental Engineering Co Ltd (Seeco) early this month.

The project is for the design, construction, installation, testing, commissioning, operations, management and maintenance of sewerage reticulation, anciliary pumping stations and sewerage treatment plan in East Omdurman City in Khartoum.

Under the agreement, Seeco also has the exclusive right of first refusal to undertake any future sewerage work or services in the state of Khartoum, which is estimated to have 14 additional similar packages in Khartoum, with each package valued at US$60 million.

On funding for the project, Hassan said the company is seeking bridging loan from few banks, the collection of charges from households and a grant of US$10 million from Sudan's Ministry of Physical Planning and Public Utilities.

"The concessionaire has also been given a tax break for tax years and provision for 10 per cent increase in charges every five years," he added.

He said Seeco is required to pay back the grant or loan over a five-year period beginning five years after completion of the construction work.

In the event that the households fail to pay the services, Hassan said the local authorities will have to pay what is owed to the concessionaire.

"Unlike in Malaysia, the rate of households paying the bills for such services in Khartoum is between 85 per cent and 95 per cent. People in Khartoum are disciplined in terms of paying their dues for services," he said.

Besides Picorp, other stakeholders in Seeco include Impact Forte Sdn Bhd (holding a 16.4 per cent stake), PJBumi Bhd (7.6 per cent), Khartoum for Water and Services Co (7.2 per cent), Zumrawi (4.8 per cent), and WSAM Pipes Services Co Ltd (four per cent).

Hassan said its Sudan's waste management project will serve as a platform for the company to expand to other neighbouring countries, namely Libya, Egypt and Saudi Arabia.

The company also hopes contribution from its overseas ventures would be more than 50 per cent of the group's revenue in the next five years.

The current ratio between local and overseas ventures stands at 80:20.

Picorp posted a net profit of RM12.9 million last year.

http://www.btimes.com.my/Current_News/BTIMES/Friday/Nation/kdcop.xml/Article/

SoRooter

以前check的时候，人家几个大股东就有9x%股份。每天buying rate 蒋高。
现在也是觉得偏离了，不过很久没有follow up

蚂蚁小弟

建议看看头30shareholder
以及大老板拿着多少货...

在他的bonus前还去得过
现在就不知道了...

imlouis

会 是泡沫吗？？？基本面很稳阿

scsiang82

Monday June 16, 2008
Picorp’s Sudan venture may open new avenues
By EILEEN HEE


PROGRESSIVE Impact Corp Bhd's (Picorp) venture into Sudan is seen as having high country risk, but it may open up other opportunities for the group, OSK said.

The company has marked its official expansion into Sudan via the subscription of 60% equity in SEECO Engineering for Sewerage & Environmental Co.

SEECO had been awarded a 30-year concession project to construct and operate a sewerage system in Khartoum, Sudan, with an estimated cost of US$55mil to US$60mil.

“SEECO had been given the right to operate the sewerage system with an annual collection of about US$5mil to US$6mil, with provision for 10% increment in charges every five years,” OSK noted.

“This will certainly underpin Picorp's earnings on a recurring basis,” it said, adding that the income generated from the concession period would be derived from connection fees and monthly charges from households.

Picorp expects the connection fees to cover the initial investment cost of US$55mil to US$60mil, while the Ministry of Physical Planning and Public Utilities would guarantee the non-payment of monthly charges.

Though there were concerns about Sudan's high country risk, OSK said Picorp believed it would instead open more windows of opportunities for the group, as there were 14 additional similar packages in Khartoum, with each package being valued at US$60mil.

“While we agree on the prevalence of the country's specific risks, we believe Picorp has taken all these into account and has taken some appropriate steps to mitigate the risk prior to its participation. We believe the company's solid fundamentals and management team will ensure a timely and successful execution of the project,” OSK said.

“Furthermore, Picorp's participation in SEECO will enable the group to explore other opportunities in the country and the region.”

Overseas operations currently contributed 20% to the group's top line, but Picorp expected this to grow to 50% in five years' time via its expansion strategy, it said.

Despite strengthening its foothold overseas, the group is not ignoring the potential in the domestic market.

OSK said there were several potential local waste management projects worth RM7bil to RM10bil to be undertaken over the next few years.

“These projects include a sewer rehabilitation programme, disposal of sludge from oxidation ponds nationwide, treatment plant refurbishment, centralised sewerage water treatment plant, conversion and upgrading of bio-soil treatment plant and repair and refurbishment of sewerage system and sewerage tanks replacement,” it said.

The group is also bidding for more concession projects locally and overseas since it offers stable income over a long-term period.

“Locally, we might see Picorp secure some concession project from the Government over the next few quarters,” OSK added.

OSK maintains its “neutral” recommendation on the counter with a revised target price of RM0.84 from RM0.695 previously.

http://biz.thestar.com.my/news/story.asp?file=/2008/6/16/business/21558442&sec=business

kkk_0

根据買量來看這股有可能會起

imlouis

感觉像自己人在玩罢了。。。。。

sambora

原帖由 imlouis 于 19-1-2009 01:33 AM 发表
感觉像自己人在玩罢了。。。。。

自己人玩好过没有人去玩

很多股都是自己人玩high的

imlouis

怕是怕自己人玩到显了， 没有人陪他们玩， 突然间就不见人了。。。。。。。。

sambora

原帖由 imlouis 于 19-1-2009 02:35 AM 发表
怕是怕自己人玩到显了， 没有人陪他们玩， 突然间就不见人了。。。。。。。。

那就只好抱票了

imlouis

为什么她老是上top volume 的？？？

sambora

原帖由 imlouis 于 19-1-2009 08:19 PM 发表
为什么她老是上top volume 的？？？

我也很好奇

sambora

原帖由 sambora 于 19-1-2009 08:33 PM 发表

我也很好奇

不知道是不是庄家在收票准备大炒一起?它的买率很高一下而却很多是5000LOT的。

imlouis

是咯。。。。。。。。。。单单都是大单的。。。。 不用给钱的是吗？？？？？？？？？？