【ZHULIAN 5131 交流专区】速远机构

icy97

券商買進心頭好．Zhulian機構拓新市場 利好帶動營業額看漲

財經 股市 8 Oct 2013 22:00

券商 ：肯納格證券研究
合理價： 4.30令吉

Zhulian機構（ZHULIAN，5131，主要板消費）在國內市場的營業額和核心分銷部隊逐漸提升，其中因素包括消費者開銷趨向多層次傳銷（MLM）、下半年開始進行的巡演發揮效益，以及舉辦活動吸引更多Y世代，華裔和印裔加入其中。

Zhulian機構在區域內具有強勁的曝光率，旗下有88%分銷部隊源自海外。

同時，我們相信該公司在明年初擴展至緬甸市場的計劃，將是該股另一項重估催化劑。

若新市場開拓成功，預計出口營業額每年至少提升100萬至200萬令吉，且Zhulian機構達11%到15%盈利成長率，超越同行約8%。

儘管Zhulian機構股價在近期攀升，我們相信該股仍有進一步上升潛能，這是基于該股目前達11.7倍本益比，低于領域2014財政年預測平均的14.3倍。

目前市值達20億令吉的安利（AMWAY，6351，主要板貿易）依舊是市場領導者，但Zhulian機構達17億5000萬令吉的市值，逐步拉近兩者之間的差距。

同時，Zhulian機構具有最高的每股盈利成長可見度，區域擴展計劃亦受看好。

本月9日閉市時，Zhulian機構收在3.85令吉，起3仙，成交量為26萬2300股。[中国报财经]

hackintosh

zhulian一开市跌了8cents。。。 有不利消息吗？？

icy97

SUMMARY OF KEY FINANCIAL INFORMATION
31/08/2013

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31/08/2013	31/08/2012	31/08/2013	31/08/2012
		$$'000	$$'000	$$'000	$$'000

1	Revenue	124,130	110,379	339,083	333,244
2	Profit/(loss) before tax	48,787	35,116	126,516	103,847
3	Profit/(loss) for the period	39,602	28,225	107,275	85,770
4	Profit/(loss) attributable to ordinary equity holders of the parent	39,602	28,225	107,275	85,770
5	Basic earnings/(loss) per share (Subunit)	8.61	6.14	23.32	18.65
6	Proposed/Declared dividend per share (Subunit)	3.00	3.00	9.00	9.00
		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 ($$)	1.0989		0.9823

Remarks :

On 16 October 2013, the Board of Directors has duly approved and declared a Third Interim Single Tier Dividend of 3 sen per share of RM0.50 each in respect of the financial year ending 30 November 2013.

icy97

ZHULIAN CORPORATION BERHAD

EX-date	06/11/2013
Entitlement date	08/11/2013
Entitlement time	05:00:00 PM
Entitlement subject	Interim Dividend
Entitlement description	A Third Interim Single Tier Dividend of 3 sen per ordinary share of RM0.50 each
Period of interest payment	to
Financial Year End	30/11/2013
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	AGRITEUM Share Registration Services Sdn. Bhd. 2nd Floor, Wisma Penang Garden 42 Jalan Sultan Ahmad Shah 10050 Penang Telephone No. : 04-2282321  Fax No. : 04-2272391
Payment date	29/11/2013
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	08/11/2013
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	Currency
Currency	Malaysian Ringgit (MYR)
Entitlement in Currency	0.03

icy97

3因素照亮前景　速远股价应声涨

財经 2013年10月17日
（吉隆坡17日讯）由于速远集团（ZHULIAN，5131，主板消费股）2013財政年第三季（截至8月31日止）业绩比预期出色，分析员调高该公司的目標价格，並基于三大利好因素，继续看好其前景。

速远集团股价在今天应声上涨，以4.06令吉开市，比周三的闭市价4.01令吉，高出5仙或1.25%，这也是该股全天最低价位。之后，该股节节攀高，並触及4.20令吉全天最高水平，起19仙或4.74%。不过，该股隨后收窄涨幅，早盘休市报4.11令吉，涨10仙或2.49%。

午盘交易，该股大部份在4.11至4.15令吉之间游走，最后涨14仙或3.49%，以4.15令吉结束全天交易，是全场第12大上升股。

同时，速远集团在今天的交投也比往日炽热，全天共有56万6000股易手，相比周三的18万2700股。

针对最新业绩表现，肯纳格投行分析员指出，速远集团2013財政年首9个月净利1亿零730万令吉，超越预测，分別占该分析员与市场全年预测的82.6%和80.5%。

与去年同期一样，速远集团在第三季宣佈中期股息派发。该公司第三季派发每股3仙股息，这將其首9个月的股息派发推高至每股9仙。

分析员称，按保守派息率60%计算，预料该公司將在末季宣布每股8.9仙终期股息。

按季比较，速远集团2013財政年第三季净利成长4.4%，这是由成长17%的营业额支撑。

销售带动成长

分析员指出，速远集团取得成长主要是由国內外的销售表现带动，其中国內的销售是由开斋节节庆提振，而海外销售走强是因为出口至泰国的营业额增加，以及美元兑令吉升值。

「美元兑令吉匯率在第三季，按季升值5.2%至3.22令吉兑1美元，相比去年同期的3.06令吉兑1美元。」至于2013財政年首9个月，速远集团净利按年成长25.1%，儘管营业额按年仅取得1.8%的低单位数成长。

分析员表示，较低的营业额成长，主要是因为泰国市场去年同期较高的比较基础所致，而且美元兑令吉匯率与去年同期比较也持平，即今年首9个月的平均价格3.12令吉兑1美元，相比去年同期的3.11令吉兑1美元。

整体而言，分析员基于三个因素，继续对速远集团前景持正面看法，並认为该公司可以达到肯纳格投行所设定的2013和2014財政年盈利预测。

分析员称，这三大因素，分別是：第一、较高成本引发的通胀压力，或將鼓励更多的中低收入者参与多层次直销活动，以寻求更多的收入，或增加额外的收入；第二、国內销售在今年下半年復甦；第三、与同行相比，速远集团在区域市场的曝露比较广，包括在今年杪或明年初扩展缅甸市场的计划，这將是一个潜在重估因素。

隨著泰国联號公司较高的净利赚幅与较低的营运成本，肯纳格投行將速远集团2013和2014財政年净利预测，分別调高5.6%和5.5%，至1亿3700万令吉和1亿5740万令吉。

同时，按2014財政年每股盈利预测32.4仙和13.4倍本益比，分析员將速远集团的目標价格从4.30令吉，上修至4.60令吉，並维持该股「跑贏大市」投资评级。[东方日报财经]

icy97

速远末季净利跌56%

财经新闻 财经  2014-01-23 09:50
（吉隆坡22日讯）由于营运环境充满挑战，本地市场需求下滑，速远机构（ZHULIAN，5131，主板消费产品股）截至去年11月底第四季，净利大幅下滑56.2%，至1373万5000令吉，上财年为3132万7000令吉。

同时，该公司营业额跌33.5%至7797万3000令吉，上财年为1亿1718万1000令吉。

尽管如此，该公司还是建议派发每股7仙股息。

截至去年11月底全年内，该公司营业额也下滑7.4%至4亿1705万6000令吉；但股票投资获利带动净利，按年微扬3.3%至1亿2101万令吉。[南洋网财经]

SUMMARY OF KEY FINANCIAL INFORMATION 30/11/2013

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30/11/2013	30/11/2012	30/11/2013	30/11/2012
		$$'000	$$'000	$$'000	$$'000

1	Revenue	77,973	117,181	417,056	450,425
2	Profit/(loss) before tax	18,817	37,480	145,333	141,327
3	Profit/(loss) for the period	13,735	31,324	121,010	117,094
4	Profit/(loss) attributable to ordinary equity holders of the parent	13,735	31,327	121,010	117,097
5	Basic earnings/(loss) per share (Subunit)	2.99	6.81	26.31	25.46
6	Proposed/Declared dividend per share (Subunit)	7.00	6.50	16.00	15.50
		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 ($$)	1.0960		0.9823

Remarks :

On 22 January 2014, the Board of Directors has duly approved and declared the following dividends in respect of the financial year ended 30 November 2013: a) Fourth Interim Single Tier Dividend of 3 sen per share of RM0.50 each b) Special Single Tier Dividend of 4 sen per ordinary share of RM0.50 each

icy97

ZHULIAN CORPORATION BERHAD

EX-date	12/02/2014
Entitlement date	14/02/2014
Entitlement time	05:00:00 PM
Entitlement subject	Interim Dividend
Entitlement description	A Fourth Interim Single Tier Dividend of 3 sen per ordinary share of RM0.50 each
Period of interest payment	to
Financial Year End	30/11/2013
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	AGRITEUM Share Registration Services Sdn. Bhd. 2nd Floor, Wisma Penang Garden 42 Jalan Sultan Ahmad Shah 10050 Penang Telephone No. : 04-2282321 Fax No. : 04-2272391
Payment date	07/03/2014
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	14/02/2014
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	Currency
Currency	Malaysian Ringgit (MYR)
Entitlement in Currency	0.03

icy97

ZHULIAN CORPORATION BERHAD

EX-date	12/02/2014
Entitlement date	14/02/2014
Entitlement time	05:00:00 PM
Entitlement subject	Special Dividend
Entitlement description	A Special Single Tier Dividend of 4 sen per ordinary share of RM0.50 each
Period of interest payment	to
Financial Year End	30/11/2013
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	AGRITEUM Share Registration Services Sdn. Bhd. 2nd Floor, Wisma Penang Garden 42 Jalan Sultan Ahmad Shah 10050 Penang Telephone No. : 04-2282321 Fax No. : 04-2272391
Payment date	07/03/2014
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	14/02/2014
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	Currency
Currency	Malaysian Ringgit (MYR)
Entitlement in Currency	0.04

卉林

为什么今天的股价跌到这么惨？宣布派股息不是应该会上升吗？

loonaltezza

有什么不利的消息吗？

碟立飞

谢谢版主解释。。。我也是过来找答案。。
原来是营业额和利润减缩。。。

jeremy1983

因业绩不好....今天在TOP 10 LOSER 里面, 开市就跌了0.86仙

卉林

跌到很恐怖咧

有毛的球

我还以为是出现了乌龙交易。。可以马上进场抢短线。。原来。。。
希望海鸥不会面临一样的命运 。。

ptsp

这时候，可以进场吗

有毛的球

ptsp 发表于 23-1-2014 01:09 PM
这时候，可以进场吗

我担心会有第二轮恐慌抛售，就是那些设定10%止损的散户（今天的跌幅已经将近20%了）。

vax2

营业额和利润萎缩事出有因: 海外市场需求下降(应该是指泰国)

14. Material Change in Profit Before Taxation reported on as compared with the immediate preceding
quarter
The revenue for the current quarter under review of RM77.973 million was lower than the immediate preceding quarter’s revenue of RM124.130 million. This was mainly due to decrease in overseas market demand during the fourth quarter.

The current quarter’s profit before tax of RM18.817 million was lower as compared to the immediate preceding quarter’s profit before tax of RM48.787 million. This was in line with the decrease in revenue and share of profit of equity accounted investee.

15. Current year prospects
The economic outlook is expected to be more challenging in the current year for escalating price of fuel and food and also hike in electricity tariff may affect the consumer sentiment on spending in domestic market while the rising political uncertainties in Thailand may also cause an impact to our export demand. In anticipating such situation, the Group will continue its promotional efforts to boost the productivity of distributors and at the same time remaining active in innovating its product portfolio and develop new product, so that its customer base can be expanded through promotional campaigns and introduction of new products.

While enhancing the existing’s market position, the Group will also continue its drive to create new business opportunities to expand existing distributor network. Towards this purpose, the Group is actively evaluating various initiatives and opportunities to develop new markets.

Barring unforeseen circumstances, the Board of Directors remains optimistic of the Group’s performance for financial year ending 30 November 2014.

http://announcements.bursamalaysia.com/EDMS/edmsweb.nsf/all/475CA159BFC89A2C48257C680033656A/$File/4TH%20QTR%2030%20NOV%202013.Result.pdf

超笨无比

其实单凭业绩下降还不大会造成20%的单天跌幅.............Alex Lu这条水有一定的号召力, Zhulian今天多多少少都拜他所赐

dennisbee

各位大大，小弟有一事不解，看资料说zhulian的经销商有67万，那以这期业绩來看，每个经销商在这三个月只帮公司赚了20块？

KuKuBirds

今天真的有点冲动想进场，还是再忍一忍看看。。。
价钱很吸引人。。。