【FRONTKN 0128 交流专区】研科技集团

icy97

FRONTKEN CORPORATION BERHAD

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	FRONTKEN CORPORATION BERHAD (“FCB” OR “COMPANY”) Proposed acquisition of 900,000 ordinary shares of RM1.00 each in TTES Team & Specialist Sdn. Bhd. (“TTES”) representing 45% of the issued and paid-up share capital of TTES for a cash consideration of RM11 million (the “Proposed Acquisition”)
The Board of Directors of FCB wishes to announce that the Company had on 30 April 2014 entered into a sale and purchase agreement (“SPA”) to acquire 900,000 ordinary shares of RM1.00 each (“TTES Shares”) representing 45% of the issued and paid-up share capital of TTES for a cash consideration of RM11 million (the “Purchase Consideration”) or approximately RM12.22 per TTES Share from TTES’s existing shareholders, namely En. Mohd Shukri Bin Hitam and Pn. Fauziah Binti Hamlawi (collectively the “Vendors”). Please refer to the attachment for details of the announcement. This announcement is dated 30 April 2014. http://www.bursamalaysia.com/market/listed-companies/company-announcements/1610949

Attachments Acquistion of shares in TTES.pdf

http://www.ttes.com.my/

icy97

Type	Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID	NS-140505-48305
Subject	Proposed acquisition of 900,000 ordinary shares of RM1.00 each in TTES Team & Specialist Sdn. Bhd. (“TTES”) representing 45% of the issued and paid-up share capital of TTES for a cash consideration of RM11 million (the “Proposed Acquisition”)
Description	FRONTKEN CORPORATION BERHAD (“FCB” or “the Company”) Proposed acquisition of 900,000 ordinary shares of RM1.00 each in TTES Team & Specialist Sdn. Bhd. (“TTES”) representing 45% of the issued and paid-up share capital of TTES for a cash consideration of RM11 million (the “Proposed Acquisition”)
Reference is made to the letter received from Bursa Malaysia Securities Berhad dated 5 May 2014 in relation to the announcement by FCB on 30 April 2014,  FCB wishes to provide the following additional information:- 1. Breakdown between internally generated funds and bank borrowing for the funding of the Purchase Consideration Subject to the licensed financial institution’s approval on our loan application, the Company intends to borrow up to 80% of the Purchase Consideration, i.e., RM8.8 million, and the remaining 20% of the Purchase Consideration or RM2.2 million will be funded by internally generated fund. 2. Amount of bank borrowings assumed to be taken to fund the purchase consideration Please refer to the answer to Question 1 above. 3. Time and place where the sale and purchase agreement may be inspected The sale and purchase agreement may be inspected at the registered office of the Company at B-11-10, Level 11, Megan Avenue II, Jalan Yap Kwan Seng, 50450 Kuala Lumpur from Mondays to Fridays from 9am to 5pm for 3 months from 30 April 2014. This announcement is dated 6 May 2014.

C.G

我是新手，这个股现在什么情况？大概什么价位卖比较适合？

rixkiat

一个月内或许会到0.16吧就差不多了。

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	48,202	43,380	48,202	43,380
2	Profit/(loss) before tax	5,971	671	5,971	671
3	Profit/(loss) for the period	5,287	129	5,287	129
4	Profit/(loss) attributable to ordinary equity holders of the parent	4,582	-984	4,582	-984
5	Basic earnings/(loss) per share (Subunit)	0.45	-0.10	0.45	-0.10
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 ($$)	0.2200		0.2100

FuHaw

icy97 发表于 21-5-2014 04:16 AM

開始有好的PROFIT了, 怎還不會往上走動呢?

yilingchai

14仙了.放完了,明天20仙不关我的事了.,希望可以第四轮买回.

icy97

icy97 发表于 1-5-2014 02:43 PM
http://www.ttes.com.my/

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	FRONTKEN CORPORATION BERHAD (“FCB” or “the Company”) Completion of the Proposed acquisition of 900,000 ordinary shares of RM1.00 each in TTES Team & Specialist Sdn. Bhd. (“TTES”) representing 45% of the issued and paid-up share capital of TTES for a cash consideration of RM11 million (the “Proposed Acquisition”)
With reference to the announcements in relation to the Proposed Acquisition dated 30 April 2014 and 6 May 2014, the Board of Directors of FCB wishes to announce that it has been completed on 23 May 2014 in accordance with the Sale and Purchase Agreement dated 30 April 2014 upon satisfaction of all the conditions precedent as set out therein. This announcement is dated 23 May 2014.

icy97

FRONTKEN CORPORATION BERHAD

Type	Announcement
Subject	OTHERS
Description	FRONTKEN CORPORATION BERHAD (“FCB”) - Major Shareholder’s move for Frontken
We refer to the above article which appeared in Focus Malaysia, on page 8 (for the week of May 24-30). We wish to clarify that the Board of FCB has not received any proposal to privatize FCB, as speculated by the abovementioned article. This announcement is dated 23 May 2014.

icy97

Notice of Person Ceasing (29C)

FRONTKEN CORPORATION BERHAD

Particulars of substantial Securities Holder

Name	LEMBAGA TABUNG HAJI
Address	201, JALAN TUN RAZAK, PETI SURAT 11025, 50732 KUALA LUMPUR
NRIC/Passport No/Company No.	ACT 5351995
Nationality/Country of incorporation	MALAYSIA
Descriptions (Class & nominal value)	ORDINARY SHARES OF RM0.10 EACH
Date of cessation	26/05/2014
Name & address of registered holder	LEMBAGA TABUNG HAJI 201, JALAN TUN RAZAK, PETI SURAT 11025, 50732 KUALA LUMPUR
Currency	Malaysian Ringgit (MYR)
Number of securities disposed	1,600,000
Price Transacted ($$)
Circumstances by reason of which a person ceases to be a substantial securities Holder	Disposal of shares
Nature of interest	Direct
Date of notice	27/05/2014

Type of transaction	Date of change	No of securities	Price Transacted (RM)
Disposed	21/05/2014	2,500,000
Disposed	22/05/2014	3,500,000
Disposed	23/05/2014	3,500,000

Circumstances by reason of which change has occurred	Disposal of shares
Nature of interest	Direct
Direct (units)	51,452,224
Direct (%)	5.09
Indirect/deemed interest (units)	0
Indirect/deemed interest (%)	0
Total no of securities after change	51,452,224
Date of notice	27/05/2014

yilingchai

12仙了，又可以开始慢慢进货了，，

biher889

yilingchai 发表于 3-6-2014 09:19 PM
12仙了，又可以开始慢慢进货了，，

长期还是短期？目标价是多少？想买又怕！还在看着！

yilingchai

biher889 发表于 3-6-2014 09:46 PM
长期还是短期？目标价是多少？想买又怕！还在看着！

12仙我在等着，，希望不用12仙半买进。

icy97

前研基本面轉強

2014-07-06 19:24      
創辦於1996年的前研科技，核心業務是從事高級塗層工程服務，也提供精密製造與潔淨、表面打磨、維持與維修等服務，旗下客源涵蓋各領域，業務遍佈多國，是一家區域性塗層科技公司。

說到塗層（coating），許多投資者或會感覺抽象，所以在這裡稍作些解釋。

一切涉足生產的領域，必然得用上價值不菲的生產設備或器材，惟在日操夜做一段時間後，相關設備和零件必然得進行保養或維護，以提昇生產效率及延長設備壽命；塗層，正是其中一種主要保養兼增值活動，內容大略是將舊表層給刷去，然後再塗上新表層。

簡單地說，其概念就像給牆壁或車子上新漆，差別就在於塗層遠遠複雜的多，因塗層所採用的質料搭配，將因不同領域設備而有所區別，需精準地進行洗脫、配料，和再塗層等工作，確保新表層能夠耐久，給予客戶增值利益。

前研科技，正是這行業的專家。

經濟狀況影響服務需求

這是一門門檻不高，但要入行也不簡單的行業（尤其是高級塗層服務）：一來因新業者需要事先經歷長時間測試來證明自己的塗層能力（因塗層失敗可能打亂生產規劃），二來因塗層技術和知識需花時間累積經驗，方可準確掌握各類型塗層技巧，應付不同領域客戶的需求。

由於塗層需求來自各行各業，而且多是生產型領域，經濟狀況自然將直接影響服務需求和客戶預算；如今，隨全球經濟以更穩健的腳步復甦，前研科技未來能否再創佳績，顯然已成為許多散戶最關注的課題。



走勢低調
資產負債改善

與許多身價在近幾年暴漲的低價股相比，同處低價股行列的前研科技，近幾年走勢卻相對低調；然而，這卻不足遮蓋其業務基本面正持續轉強的事實。

截至今年3月31日止首季，前研科技手握3千761萬令吉現金，高於約3千245萬令吉銀行貸款，其他負債如應付賬、應計費用和租購欠款等，也保持在舒適水平，融資開銷更是連年下降，從2008年的424萬8千令吉劇減至2013年的145萬1千令吉，看不出明顯的資金壓力。

手握3761萬現金

當然，該公司在2010年以5配2比例發行附加股和憑單，相信也是財務狀況走強的原因之一。

營運方面，前研科技營運開銷佔營業額比重在2008至2010年期間介於79.8%至82.6%之間，惟卻在2011和2012年飆高至約90%水平，考量同期營業額大幅增加，相信這現像是推動營業額成長但忽略賺幅所造成的結果。

不管怎樣，2013年營運開銷比重重新滑落至87.02%，今年首季更進一步改善至84.21%，暗示賺幅或已重新成為管理焦點。

3原因
業績更穩固

仔細評估和分析各種現成資料和數據，並將所有對盈利有實質影響的企業發展拼成一塊；會發現，前研科技如今確實已站在更可期的業績基石上，原因有三：首先，是前研科技今年4月建議用1千100萬令吉收購TTES團隊與專家私人有限公司45%股權；由於有關收購獲得首兩年800萬令吉淨利保障，意味未來兩年內，TTES每年將替前研科技貢獻至少180萬令吉淨利（800萬 x 45%/2）。

值得補充的是，TTES是家擁有國油（petronas）服務執照的專業維持和支援服務公司，且是前研科技本地業務的訂單來源之一，策略性入股TTES除了有利於訂單選擇外，也開闢了一條強化本地油氣業曝光率的通道，極具協同效益。

第二，是前研科技去年9月獲丹絨賓私人有限公司頒發價值約1億1千萬令吉的港口設施主要承包商合約，為期20個月，預計明年4月完工，因此預計在今年內兌現大部份價值，成為下半年業績的中流砥柱。

第三，是前研科技今年3月完成以170萬新元（約433萬令吉）脫售蒙虧的Chinyee工程與機械私人有限公司20%股權，在2013年對業績構成130萬令吉侵蝕效應的聯號投資項目，預計開始止血。

油氣業務或成未來亮點

至於其他值得關注的層面，包括前研科技數月前剛獲印尼油氣上游機構特別工作單位（SKK Migas）提供的油氣執照，被允許參與當地油氣領域的維修和服務工作，加上本地油氣業務進度令人鼓舞，目前貢獻比重相對較小的油氣業務，預計是未來亮點。

同時，過去1年業績和股價表現均極為標青、持股57.79%的台灣上市子公司榮眾科技（Ares Green Technology），截至上週五股價報23.70新台幣，市值則約7億8千萬台幣（約8千340萬令吉），若其表現持續轉強，相信有助強化母公司價值。

大股東任非執行董事

2012年1月，前研科技主席兼董事經理黃鏵璁宣佈卸任，遺留空缺由非執行董事黃偉賓（譯音）填補；同時，因收購黃鏵璁股權而崛起成最大股東的德國投資者佐治海墨，同年2月以非執行董事身份入駐前研科技董事部，這變化替前研科技建立起更健全的領導架構。

小股東利益更獲保障

這是由於，大股東本身進入董事部擔任非執行董事，必然將發揮監督作用，確保公司以維護股東利益的方式處理一切運作，間接保障小股東利益。

自從2006年在短短5個月內暴漲超過3倍至61仙高點後，前研科技股價就此一蹶不振，情況和艾力斯（IRIS，0010，創業板科技組）有點相似。佐治海墨入駐董事部不久，負責大馬業務的獨資子公司更陸續爆出小火災和離職高層涉及不尋常賬目利空，令股價一度挫至6仙谷底，進一步傷害市場信心。

無論如何，隨新董事部之後積極補救，包括力求以法律途徑向涉案人士索回近900萬令吉虧損（官司至今未結束，惟早已提供撥備），加上之後再未傳出新利空，市場信心於是重新回揚，使股價谷底反彈。

不過，就截至上週五的13仙股價來說，前研科技離次貸風暴前的34仙仍然遙遠；欲重返當年風光，相信除了用實際行動和業績讓投資者信服外，別無他法。

●聲明：股海撈月提供的資料只供參考，志在讓投資者更瞭解一些不獲證券行重視的小型股，至於是否投資，還請先徵詢股票經紀意見。（星洲日報／投資致富‧股海撈月‧文：李三宇）

yilingchai

biher889 发表于 3-6-2014 09:46 PM
长期还是短期？目标价是多少？想买又怕！还在看着！

你有赚几多？我15仙放不到，14仙半放一半，看明天会不会起，如果跌更加好

rixkiat

现在后悔了吧？为什么这样早放手呢

yilingchai

15仙了，可以放了。，明天16仙最好。

1009

如果，是iris二号，放了？也许你觉得自己怎么持了那么少票，不觉得可惜吗？

misery

这股，持了好几年。。。12。5时买的，现在有起色了，打死不放，反正都放了那么多年，有感情了。。。。

rixkiat

放了也好