【EFFICEN 0064 交流专区】效能方案

696969sm

williamnkk81 发表于 16-10-2012 11:20 PM
是一家不错的小型公司。。。 因为可以从创业版到达主板。。。
新加坡邮局是大股东。。。
但是PE有些高。 ...

谢谢！williamnkk8

williamnkk81

696969sm 发表于 20-10-2012 12:43 AM
谢谢！williamnkk8

客气。。。你慢慢在研究。。 有什么感想和疑问再分享。。。

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30/09/2012

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30/09/2012	30/09/2011	30/09/2012	30/09/2011
		$$'000	$$'000	$$'000	$$'000

1	Revenue	9,975	12,697	32,232	40,357
2	Profit/(loss) before tax	814	1,109	4,842	6,342
3	Profit/(loss) for the period	661	1,050	3,994	5,328
4	Profit/(loss) attributable to ordinary equity holders of the parent	661	1,050	3,994	5,328
5	Basic earnings/(loss) per share (Subunit)	0.09	0.15	0.56	0.79
6	Proposed/Declared dividend per share (Subunit)	0.00	0.15	0.15	0.15
		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 ($$)	0.1600		0.1600

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31/12/2012

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31/12/2012	31/12/2011	31/12/2012	31/12/2011
		$$'000	$$'000	$$'000	$$'000

1	Revenue	10,420	12,058	42,652	52,415
2	Profit/(loss) before tax	994	-571	5,836	5,771
3	Profit/(loss) for the period	363	-546	4,357	4,782
4	Profit/(loss) attributable to ordinary equity holders of the parent	363	-546	4,357	4,782
5	Basic earnings/(loss) per share (Subunit)	0.05	-0.08	0.61	0.70
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.15	0.15
		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 ($$)	0.1600		0.1500

icy97

艾飞昇与新邮政合作告吹

財经 2013年4月18日
（吉隆坡18日讯）艾飞昇（EFFICEN，0064，主板贸服股）周四宣佈，与新加坡邮政达成协议，终止早前双方签署的无约束谅解备忘录。        

文告指出，此项决定主要考虑到双方无法在印尼找到任何业务机会，以及缔结任何潜在投资者或业务伙伴。艾飞昇与新加坡邮政于2011年达成无约束谅解备忘录，建议以合作方式发展印尼和其他国家的数据和文件管理服务。[东方日报财经]

Type	Announcement
Subject	MEMORANDUM OF UNDERSTANDING
Description	Status of Memorandum of Understanding with Singapore Post Limited ("SINGPOST")
Reference is made to the announcements made on 13 June 2011, 26 August 2011, 23 November 2011, 23 February 2012, 30 May 2012, 30 August 2012, 30 November 2012 and 28 February 2013. The Board of Directors of Efficient E-Solutions Berhad (“Efficient” or “the Company”) wishes to announce that the non-binding MOU with SingPost concerning the Proposed Collaboration has been terminated in view of both parties were unable to identify any business opportunities and to conclude any potential investors or business partners in Indonesia. The termination of the MOU will not have any material financial or legal effect on Efficient. This announcement is dated 18 April 2013.

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31/03/2013

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31/03/2013	31/03/2012	31/03/2013	31/03/2012
		$$'000	$$'000	$$'000	$$'000

1	Revenue	12,109	11,616	12,109	11,616
2	Profit/(loss) before tax	1,793	1,499	1,793	1,499
3	Profit/(loss) for the period	1,310	1,111	1,310	1,111
4	Profit/(loss) attributable to ordinary equity holders of the parent	1,310	1,111	1,310	1,111
5	Basic earnings/(loss) per share (Subunit)	0.19	0.16	0.19	0.16
6	Proposed/Declared dividend per share (Subunit)	0.00	0.15	0.00	0.15
		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 ($$)	0.1700		0.1600

icy97

EFFICIENT E-SOLUTIONS BERHAD

Type	Announcement
Subject	OTHERS
Description	ACQUISITION OF SHARES IN AN UNQUOTED COMPANY
The Board of Directors of Efficient E-Solutions Berhad ("Efficient" or "the Company") wishes to inform that the Company had on 23 May 2013 acquired the entire equity interest in DATA FRAMEWORK SDN BHD ("DFSB") comprising 2 ordinary shares of RM1.00 each for a total cash consideration of RM2.00 only from Mr Yap Kian Mun and Ms Lim Boon Huay who were also the directors of DFSB ("Acquisition"). DFSB is a dormant company and its authorised share capital is RM400,000 comprising of 400,000 ordinary shares of RM1.00 each. The intended principal activities of DFSB are property investment and provision of document archiving and related services. The Acquisition has no material effect on the earnings per share, net tangible assets per share, share capital and the substantial shareholdings of the Company for the financial year ending 31 December 2013. None of the Directors or major shareholders or persons connected to the Directors or major shareholders of Efficient or its subsidiaries have any interest, direct or indirect, in the Acquisition. This announcement is dated 23 May 2013.

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30/06/2013

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30/06/2013	30/06/2012	30/06/2013	30/06/2012
		$$'000	$$'000	$$'000	$$'000

1	Revenue	11,215	10,641	23,324	22,257
2	Profit/(loss) before tax	1,939	2,529	3,732	4,028
3	Profit/(loss) for the period	1,257	2,222	2,567	3,333
4	Profit/(loss) attributable to ordinary equity holders of the parent	1,257	2,222	2,567	3,333
5	Basic earnings/(loss) per share (Subunit)	0.18	0.31	0.36	0.47
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.15
		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 ($$)	0.1700		0.1600

icy97

艾飛升“很廉宜”？

2013-09-08 19:17      

文先生問：
艾飛升（EFFICEN，0064，主板貿服組）股價只有10多仙，請問值得買進嗎？前景可好？

答：
艾飛升近年飽受盈利萎縮之苦，但隨著業務拓展計劃奏效，加上強勁資本和潛在區域業務擴展計劃利多，分析員看好該股有望成為涉獵基本面強穩的小資本股投資者的理想標的。

黃氏唯高達研究表示，大馬郵政（POS，4634，主板貿服組）在2010年7月調高郵費後，導致艾飛升郵寄數量下跌，加上領域整合提昇市場競爭，以及電子郵寄業務營運開銷增加，拖累該公司2012財政年核心淨利萎縮44%至270萬令吉。

擴展電子郵寄產品盈利復甦

不過，該公司擴展電子郵寄產品策略奏效，2013財政年首季淨利按年增長18%至130萬令吉，盈利開始呈現復甦先兆。

更重要的是，截至2013年3月31日止，艾飛升淨現金盈餘為4千零90萬令吉，加上其1千150萬令吉單位信託投資，每股現金達到7.4仙，幾乎達到市價的一半，將可良好利用來拓展新業務機會來緩衝領域艱難前景。

此外，雖然艾飛升與大股東——新加坡郵政（Sing Post）早前簽署的印尼合作備忘錄於今年4月中屆滿，但該行說，集團仍可藉著與新加坡郵政的良好關係來開拓未來區域擴展計劃，不排除未來進一步合作可能。

從技術層面來看，艾飛升從2011年7月的24.5仙跌至今年5月的12仙4年低位，顯示股價可能即將出現技術性反彈，黃氏唯高達研究認為，一旦其股價成功突破負面趨勢線，股價可能挑戰17和20仙兩大阻力水平，因此維持“短線買進”評級。（星洲日報／投資致富‧投資問診）

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30/09/2013

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30/09/2013	30/09/2012	30/09/2013	30/09/2012
		$$'000	$$'000	$$'000	$$'000

1	Revenue	10,396	9,975	33,720	32,232
2	Profit/(loss) before tax	1,177	814	4,909	4,842
3	Profit/(loss) for the period	991	661	3,558	3,994
4	Profit/(loss) attributable to ordinary equity holders of the parent	991	661	3,558	3,994
5	Basic earnings/(loss) per share (Subunit)	0.14	0.09	0.50	0.56
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.15
		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 ($$)	0.1700		0.1600

icy97

EFFICIENT E-SOLUTIONS BERHAD

Type	Announcement
Subject	OTHERS
Description	ACQUISITION OF SHARES IN AN UNQUOTED COMPANY
The Board of Directors of Efficient E-Solutions Berhad ("Efficient" or "the Company") wishes to inform that the Company had on 2 December 2013 acquired the entire equity interest in E2PRINT SDN BHD ("E2Print") comprising 2 ordinary shares of RM1.00 each for a total cash consideration of RM2.00 only ("Acquisition"), thereby resulting in E2Print becoming a wholly-owned subsidiary of Efficient. E2Print is a dormant company and its authorised share capital is RM100,000 comprising of 100,000 ordinary shares of RM1.00 each, of which 2 shares have been issued and fully paid-up. The intended principal activities of E2Print are property investment and provision of document archiving and related services. The Acquisition has no material effect on the earnings per share, net tangible assets per share, share capital and the substantial shareholdings of the Company for the financial year ending 31 December 2013. None of the Directors or major shareholders or persons connected to the Directors or major shareholders of Efficient or its subsidiaries have any interest, direct or indirect, in the Acquisition. This announcement is dated 2 December 2013.

icy97

艾飛昇受最低薪制衝擊

2013-12-22 19:23      

讀者FOO問：
艾飛昇（EFFICEN，0064，主板貿易服務組）目前股價是16仙。請問這股前景如何？值得買進嗎？

答：
艾飛昇主要涉足資料文件處理（DDP）及電子賬單服務（EBP）外包服務領域。

資料顯示，過去5年來，該公司皆有利可圖，惟賺錢能力卻是趨下跌趨勢。在截至2009年12月31日為止財政年，該公司的每股淨利為2.54仙，2010年減少至1.89仙，2011年減少至0.7仙，2012年則減少至0.61仙，而預測2013年則進一步減少至0.56仙。

同期間，該公司的股本回酬率也從16.93%下跌至2013年預測的僅3.29%；以上述資料可計算其預測本益比預測。

根據該公司的最新業績表現，截至2013年9月30日為止第3季，該公司淨利為99萬1千令吉，比較前期為66萬1千令吉。而首9個月淨利則為355萬8千令吉，比較前期淨利為399萬4千令吉。該公司每股資產值為17仙。

該公司在最新業績評論其未來業務展望時指出，今年實施的最低薪金制將影響旗下業務生產成本，而該公司將會提高生產力，及儘量把成本效益儘大化，以克服生產成本走高的衝擊。該公司預測第4季的業績表現會改善。

過去多年，沒有證券研究為它進行剖析，所以沒有股價目標價及評級建議。能否買進，上述一點資料供參考。（星洲日報／投資致富‧投資問診‧文：李文龍）

icy97

EFFICIENT E-SOLUTIONS BERHAD

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	EFFICIENT E-SOLUTIONS BERHAD ("EFFICIENT" or "COMPANY") Purchase of Lands held at Bandar Baru Enstek, Seremban, Negeri Sembilan
The Board of Directors of Efficient wishes to announce that Efficient Storage Solutions Sdn Bhd (“the Purchaser”), a wholly-owned subsidiary of the Company had on 21 February 2014 entered into a Sale and Purchase Agreement (“SPA”) with Lembaga Tabung Haji (“the Proprietor”) and THP Enstek Development Sdn Bhd (“the Vendor”) to purchase 21,964 square metre of freehold lands all held at Bandar Baru Enstek, District of Seremban, State of Negeri Sembilan (“Lands”) for a total consideration of Ringgit Malaysia Five Million Six Hundred Seventy Thousand Four Hundred Sixty Six and Cents Fifty Six (RM5,670,466.56) only (“Total Purchase Price”) (“Proposed Purchase”). Please refer to the attachment for further details on the Proposed Purchase. This announcement is dated 21 February 2014. http://www.bursamalaysia.com/market/listed-companies/company-announcements/1545709

Attachments Acquisition of Lands.pdf

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31/12/2013

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31/12/2013	31/12/2012	31/12/2013	31/12/2012
		$$'000	$$'000	$$'000	$$'000

1	Revenue	11,139	9,711	44,859	41,943
2	Profit/(loss) before tax	1,459	285	6,368	5,127
3	Profit/(loss) for the period	1,302	35	4,860	4,029
4	Profit/(loss) attributable to ordinary equity holders of the parent	1,302	35	4,860	4,029
5	Basic earnings/(loss) per share (Subunit)	0.18	0.00	0.69	0.57
6	Proposed/Declared dividend per share (Subunit)	0.20	0.00	0.20	0.15
		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 ($$)	0.1700		0.1600

icy97

EFFICIENT E-SOLUTIONS BERHAD

EX-date	13/03/2014
Entitlement date	17/03/2014
Entitlement time	04:00:00 PM
Entitlement subject	Interim Dividend
Entitlement description	Interim tax exempt dividend of 2.0% per ordinary share of RM0.10 each for the financial year ended 31 December 2013
Period of interest payment	to
Financial Year End	31/12/2013
Share transfer book & register of members will be	to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no	Symphony Share Registrars Sdn Bhd Level 6, Pusat Dagangan Dana 1 Jalan PJU 1A/46 47301 Petaling Jaya Selangor Darul Ehsan Tel: 03-7841 8000
Payment date	28/03/2014
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	17/03/2014
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	Percentage
Entitlement in percentage (%)	2

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31/03/2014

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31/03/2014	31/03/2013	31/03/2014	31/03/2013
		$$'000	$$'000	$$'000	$$'000

1	Revenue	12,049	12,109	12,049	12,109
2	Profit/(loss) before tax	2,317	1,793	2,317	1,793
3	Profit/(loss) for the period	1,580	1,310	1,580	1,310
4	Profit/(loss) attributable to ordinary equity holders of the parent	1,580	1,310	1,580	1,310
5	Basic earnings/(loss) per share (Subunit)	0.22	0.18	0.22	0.18
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 ($$)	0.1700		0.1700

icy97

Type	Announcement
Subject	OTHERS
Description	ACQUISITION OF SHARES IN AN UNQUOTED COMPANY
The Board of Directors of Efficient E-Solutions Berhad ("Efficient" or "the Company") wishes to inform that the Company had on 1 July 2014 acquired the entire equity interest in LIVINGSTON EDUCATION SDN BHD (1078475-V) ("Livingston") comprising 2 ordinary shares of RM1.00 each for a total cash consideration of RM2.00 only ("Acquisition"). Livingston is a dormant company and its authorised share capital is RM400,000 comprising of 100,000 ordinary shares of RM1.00 each, of which 2 shares have been issued and fully paid-up. The intended principal activity of Livingston is to carry on the activities of a private school. The Acquisition has no material effect on the earnings per share, net tangible assets per share, share capital and the substantial shareholdings of the Company for the financial year ending 31 December 2014. Except Mr Cheah Chee Kong who had abstained from all deliberations and voting on the transaction which was related to him, none of the Directors or major shareholders or persons connected to the Directors or major shareholders of Efficient or its subsidiaries have any interest, direct or indirect, in the Acquisition. This announcement is dated 1 July 2014.

icy97

效能方案购地建库存

财经新闻 财经  2014-07-10 11:46
（吉隆坡9日讯）效能方案（EFFICEN，0064，主板贸服股）以总值652万1050令吉，收购位于芙蓉的2万3301平方米地皮。

独资子公司效能存储方案私人有限公司，与朝圣基金局（Lembaga Tabung Haji）及THP Enstek发展签署买卖合约。

公司收购该对皮主要是为了投资用途，以及储存实体文件、数码文件等。【南洋网财经】

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	EFFICIENT E-SOLUTIONS BERHAD ("EFFICIENT" or "COMPANY") Purchase of Lands held at Bandar Baru Enstek, Seremban, Negeri Sembilan
The Board of Directors of Efficient wishes to announce that Efficient Storage Solutions (Techpark) Sdn Bhd (formerly known as E2Print Sdn Bhd) (“the Purchaser”), a wholly-owned subsidiary of the Company had on 8 July 2014 entered into a Sale and Purchase Agreement (“SPA”) with Lembaga Tabung Haji (“the Proprietor”) and THP Enstek Development Sdn Bhd (“the Vendor”) to purchase 23,301 square metre of freehold lands all held at Bandar Baru Enstek, District of Seremban, State of Negeri Sembilan (“Lands”) for a total consideration of Ringgit Malaysia Six Million Five Hundred Twenty-One Thousand Fifty and Sen Forty Eight (RM6,521,050.48) only (“Total Purchase Price”) (“Proposed Purchase”). Please refer to the attachment for further details on the Proposed Purchase. This announcement is dated 8 July 2014. http://www.bursamalaysia.com/market/listed-companies/company-announcements/1679793

Attachments Purchase of Lands by ESS (T).pdf

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	EFFICIENT E-SOLUTIONS BERHAD ("EFFICIENT" or "COMPANY") Purchase of Lands held at Bandar Baru Enstek, Seremban, Negeri Sembilan
Unless otherwise stated, all definitions and terms used in this announcement shall have the same meaning as defined in the announcement dated 8 July 2014 in relation to the Purchase of Lands by the Company’s wholly-owned subsidiary company named Efficient Storage Solutions (Techpark) Sdn Bhd (formerly known as E2Print Sdn Bhd). Further to the announcement made by the Company on 8 July 2014, the Board wishes to provide additional information in relation to the Proposed Purchase as follows:-. 1. The Lands are currently free from all encumbrances. 2. The Lands acquired are investment for future expansion for storage of physical documents, digitalizing process of documents, and storage of digital documents together with associated amenities and logistics facilities and other related facilities. The total development cost of the facilities to be constructed onto the Lands only can be ascertained should the Company decided to develop the Lands for expansion purpose. 3. The commencement of the above development is subject to the implementation of the expansion plan. 4. Barring any unforeseen circumstances, the source of funds to finance the above development will be from the internally generated funds and partly financed by bank borrowing. 5. The Proposed Purchase shall be subject to and conditional upon the Vendor’s solicitors receiving an approval from the relevant State Authority for the transfer of the Properties to the Purchaser within six (6) months from the date of the Sale and Purchase Agreement. This announcement is dated 14 July 2014.

kentg03

保持零債務‧艾飛升財務強勁
2014-08-31 19:33
http://biz.sinchew.com.my/node/101248?tid=8

馬股上前週以76億股改寫單日交投新高，許多低價股趁機浮出台面；一些挾持利好的低價股，走勢有如神助，股價上週飆升87%的IFCA多媒體（IFCAMSC，0023，創業板科技組）就是固中代表作。

本期《股海撈月》要討論的，是同樣在上週異軍突起的艾飛升（EFFICEN，0064，主板貿服組）。

艾飛升突然價量齊升，讓《股海撈月》一度猶豫是否要放棄這隻已找齊資料、各方面數據都不錯的小現金牛；無論如何，該股最終仍成為本期主角，因《股海撈月》相信相關資料具備一定的參考價值，不登就浪費了。

來，先別忙著追趕短期波動，瞭解一下該股細節再說吧！

2005年上市馬股的艾飛升，是家業務流程外包（BPO）服務供應商，包括提供多元數據與文件管理方案，協助客戶解決複雜商業難題，藉此降低成本和風險，同時強化速度、效率和安全性等層面。

該公司提供的服務，包括有數據處理、文件處理、電子單據與郵件分銷、成像（Imaging）與數據捕捉、存檔與取回、紀錄管理等；簡單來說，就是替企業代勞處理和管理文件、資料和數據方面的流程和相關事項就對了。

網站資料顯示，艾飛升客戶組合包括來自主要經濟領域的藍籌企業，如金融機構、股票行、保險公司、電訊業者等。

當今企業為了強化營運和成本監督效率，一般會選擇把一些能夠由別人進行的非核心運作交給外包商代勞（尤其是大型企業），以便將更多精神與資源投放到核心運作上，藉此強化業務彈性。

為此，那些具備一定規模的企業，如今都趨向花點錢，把類似工作轉交給承包商管理，這就是艾飛升的機會所在。

仔細查閱艾飛升資料，會發現該公司基本面一點也不馬虎；上市至今的10個財政年內，該公司不曾試過虧損滋味（僅有過單季虧損），即使是在2008和2009年次貸風暴時期，業績也面不改色，展示極強的韌性。

然而，郵費價格在2010年調漲，卻讓經營環境起了變化，艾飛升自此迎來嚴峻挑戰。

市場競爭激烈，加上賺幅偏高的軟件程序發展服務貢獻轉弱，艾飛升業績自2011年起明顯退色，淨賺幅從最高峰時期的26%，一度敗退至9%水平，淨利也從巔峰時期的突破1千600萬令吉，猛挫至2012年約400萬令吉。

需留意的是，該公司董事部在2011年末季財報中，曾預計來年業績持穩和更後期業績出現改善，這預期後來準確兌現在接下來兩年業績內，2012和2013年淨利分別報402萬和486萬令吉，營業額也有所反彈，管理層傑出地掌握了業務狀況。

為此，該公司董事部在2013年年報總結未來展望時，曾預計2014年盈利賺幅和財務表現將進一步改善，相信可被視作不錯的參考指標。

上週出爐第二季業績顯示，艾飛升在2014上半年報淨利304萬5千令吉，按年揚18.62%，營業額則按年揚4.91%至2千447萬令吉，業績和賺幅持續轉強中。

資產負債表方面，該公司繼續保持幾近零債務狀態，持有淨現金約4千450萬令吉，相等於每股約6.3仙，這還不包括證券投資（股票+信託基金）欄目內的1千665萬2千令吉，財務狀態強勁。

此外，該股上市至今有過兩次紅股和一次特別息記錄，惟經常性週息率不高，過去3年派息額僅介於0.15仙至0.2仙，預料只有在業績更上一層樓之際，股東才有望盼來更高股息。



1219萬購地擴張業務

另外，向來無甚動作的艾飛升，罕見地在今年宣佈了兩項購地計劃，陸續耗資567萬和652萬令吉在芙蓉“techpark@enstek”工業區收購兩塊地皮，由於相關地皮被限制用於實體與數據文件儲存和相關用途，購地案相信是業務擴張前奏。

另一項頗有趣、但可能被多數人忽略的發展是，艾飛升今年7月成立了一家名為LIVINGSTON EDUCATION的新子公司，目標業務是從事私人學校業務，似有意多元化業務至教育領域。

不過，由於缺乏相關細節，我們不妨繼續觀察後續發展，待有更明確方向後才評估進軍教育界對該公司的意義。

目前，艾飛升的最大股東是董事經理謝志光（譯音）和首席執行員謝志偉（譯音），合計持有約32%股權，第二大股東則是在2011年中崛起成顯著股東的新加坡郵政（Singapore Post），持股為20.8%。

新加坡郵政當年在文告中解釋，投資艾飛升符合公司擴張數據印刷業務的長期計劃，及認為該業務具備良好成長潛能，同時還預見與艾飛升合作進軍區域市場和開拓新業務的機會。（雙方當時曾探討合作進軍印尼市場的機會，可後來因找不到印尼合作夥伴而告吹。）將在美股上市的中國網絡交易巨頭阿里巴巴，數月前宣佈收購新加坡郵政10%股權，也讓一些眼明的投資者立即聯想到艾飛升，開始揣測艾飛升是否可能自中國首富馬雲的國際化戰略中沾上邊光。

然而，考量這種可能性暫無任何佐證可言，奉勸各位還是抱著“沒有無損失，有則當驚喜”的心態來看待吧。

第三波漲潮拭目以待

查看10年股價圖，艾飛升上市至今曾經歷兩次上升週期；第一次是從2005年11月開始、並於2007年1月見頂（期間有過3個月調整期）的長期漲潮，當時是從11仙漲至30.5仙歷史新高。

第二次，則是從2008年12月持續至2009年10月的谷底反彈升勢，當時是從9.5仙漲至27.5仙。

無論如何，在第二波漲勢見頂後，艾飛升股價又因郵費調漲和盈利賺幅萎縮而逐步轉弱，且一弱就是3年，直到去年中下探12仙低點後才開始站穩。

有鑑於此，今年5月剛從14仙起跳的漲勢，會否可能是第三次漲潮？難說，懂得技術分析的讀者，還是自己分析一下吧。

聲明：股海撈月提供的資料只供參考，志在讓投資者（星洲日報／投資致富‧股海撈月‧文：李三宇）