【LCL 交流专区】LCL 集中分析区。

8years

哇，你就发达啦。你是对的，我建议绝对不要卖。继续持有。

飛翼高達

哈，2400lot发得了多少？
但是看到Profit295.71％，老实说，感觉粉好！
哈哈哈！

8years

呵呵，等分了红股以后再起到rm7时，你的感觉更好。

飛翼高達

对对对，股息红股又要来了。。
好开心～
８years股东，可否知道下你的LCL股权大不大？多少LOT？
可以进board of director meeting ma?
我好想在买进，可是很贵丫！

[ 本帖最后由 飛翼高達 于 8-7-2007 12:59 PM 编辑 ]

8years

我是8years，在我的投资portfolio里有写多少股。

飛翼高達

哈哈哈，对不起对不起，手快一下没留意，再次说声抱歉。。
porfolio我找找看。。
祝：投资顺利

coconut_tree

LCL 要分發紅股了。。。 2送1

除權日 18/07/2007

Mr.Business

The Star很唱好LCL喔 (又不见她在LCL大起前这么讲，哈。。。)

Monday July 9, 2007

Malaysia’s Ikea

COMPARING LCL Corp Bhd with global furniture giant Ikea of Sweden may seem inapt.  

LCL designs and installs luxurious furnishing and interior decor for commercial properties whereas Ikea sells furniture mainly to middle-income households.  

However, it shares two attributes with Ikea - both have successful international operations and an emphasis on product design.  

Malaysia's furniture industry produces exports of about RM5bil a year, but it is known more for its commodity-type products than for its designs. Although the local companies have an element of design in their products, their net profit margins, typically less than 5%, show they lack pricing power.

LCL has similar roots as the rest of the players in this industry, having started as a small furniture maker. It then became an interior contractor and took on increasingly larger jobs. In large commercial contracts, its area of work is known as interior fit-out (IFO). This is an unfamiliar industry for most local investors.  

The reason is renovation work is viewed as the work of small contractors for residential properties. In addition, it is considered a small part of a project compared with construction of a building's structure. That is not true.

An IFO contract can form as much as 30% of the project cost, excluding land, for a hotel. That is not a small part of total project costs.  

It also comes as a surprise that even as public perception of civil engineering is a profession and interior decor is at a technician or craftsman's level, IFO enjoys higher profit margins than construction.  

LCL's operating profit margin of over 14% is higher than most construction companies that usually have operating margins of about just 5%.

High margins are advantageous, especially if the company can scale up its revenue. LCL looks poised to achieve both higher revenue and an expansion of profit margins. Its margins could rise due to tax-free profits in Dubai and higher margin jobs due to strong demand in Dubai.  

In a research report late last month, CIMB forecast that LCL's revenue would increase from RM170mil last year to RM290mil this year and almost RM400mil next year.  

More interestingly, CIMB forecast that LCL's net profit would rise 49% to about RM40mil or earnings per share (EPS) of almost RM1.00 next year and RM1.27 in 2009.  

This could become the next RM10 stock. It is unusual for a listed company to achieve EPS of RM1.00 other than a few blue-chip companies. The reason LCL could do so is its issued share capital is still only 42 million shares.  

Fund managers keen on this stock believe LCL's EPS may even exceed RM1.00 next year. This is premised on the management being able to raise its order book from RM600mil currently to its target of RM1bil. On such an enlarged order book, revenue of RM600mil and a net margin of 10%, LCL could earn as much as RM60mil or EPS of RM1.50 next year.  

There is now a higher level of confidence that LCL would be able to expand its order book over the next six months. When LCL won its first IFO job of over RM100mil for the Burj Dubai Mall Hotel in July last year, there was scepticism it could win further contracts of such size.  

It proved that the following month when it was awarded a RM108mil IFO job by Kerzner International for its Atlantis project in Dubai. Kerzner is a developer of resorts and luxury hotels and had been listed on the New York Stock Exchange until last year when it was taken private.  

Another comparison that can be made of LCL is that it shares a couple of rare attributes with KNM Group Bhd. Both have scaleable international operations and have high return on equity (ROE) north of 30%.  

LCL is drawing the interest of institutional funds. Goldman Sachs was last reported to have bought 5.5% of the company, and on Friday, it was announced NTAsian Discovery Master Fund bought a stake of 5.8%. NTAsian, listed on the Irish Stock Exchange, invests in small to mid-capitalised companies in Asia.  

http://biz.thestar.com.my/news/s ... 08&sec=business

milolow

原帖由 Mr.Business 于 9-7-2007 10:24 AM 发表
The Star很唱好LCL喔 (又不见她在LCL大起前这么讲，哈。。。)

Monday July 9, 2007

Malaysia’s Ikea

COMPARING LCL Corp Bhd with global furniture giant Ikea of Sweden may seem inapt.  

LCL  ...

烂臭抄股，没现金，股价推得甘高7+1都知他想做么啦。

coconut_tree

他想作什麼?

四伯爽

原帖由 Mr.Business 于 9-7-2007 10:24 AM 发表
The Star很唱好LCL喔 (又不见她在LCL大起前这么讲，哈。。。)

Monday July 9, 2007

Malaysia’s Ikea

COMPARING LCL Corp Bhd with global furniture giant Ikea of Sweden may seem inapt.  

LCL  ...

是酱的啦
不然，为什么chukh1会说媒体都是大户的帮凶 尤其是本地的.....哈哈

我突然想，产业和建筑股在炒着了 像LCL这样算是比较下游的工业也炒了
什么时候轮到建材业咧...

东邪

Notice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965 Reference No CU-070705-68191

Company Name	:	LCL CORPORATION BERHAD
Stock Name	:	LCL
Date Announced	:	06/07/2007

Particulars of Substantial Securities Holder
Name	:	NTASIAN DISCOVERY MASTER FUND
Address	:	Walker House, PO Box 908GT, Mary Street, George Town, Grand Cayman, Cayman Islands
NRIC/Passport No/Company No.	:	WK-155258
Nationality/Country of incorporation	:	Cayman Islands
Descriptions(Class & nominal value)	:	Ordinary Shares of RM1.00 each
Name & address of registered holder

NTASIAN DISCOVERY MASTER FUND
Walker House, PO Box 908GT, Mary Street,
George Town, Grand Cayman, Cayman Islands

Date interest acquired & no of securities acquired
Date interest acquired	:	02/07/2007
No of securities	:	2,449,000
Circumstances by reason of which Securities Holder has interest	:	Investment
Nature of interest	:	Direct
Price Transacted (RM)	:
Total no of securities after change:
Direct (units)	:	2,449,000
Direct (%)	:	5.78
Indirect/deemed interest (units)	:
Indirect/deemed interest (%)	:
Date of notice	:	07/03/2007
Remarks

弹煮

下一单是banking sector。

(p/sroperties有排炒)

scsiang82

INTRODUCTION

The Company's wholly-owned subsidiary, LCL Furniture Sdn Bhd ("LCLF") has on 5 July 2007 established a Qatari limited liabililty company known as "LCL INTERIORS (DOHA) CONTRACTING & TRADING.L.LC." ("LCLID") with Mohammed Mansour R. Al Khater ("MMR"), a Qatari national in Doha, Qatar for the purpose of general contracting, interior design and carpentry works, design trading, furniture trading and all activities as are related or ancillary thereto.

DETAILS OF LCLID

LCLID has a paid up share capital of Qatar Riyal QR200,000 (approx. RM189,213.84) comprising 200 shares of QR1,000 each, of which MMR holds 51% (102 shares) and LCLF holds 49% (98 shares), thereby making LCLID an associated company of LCLF.

By way of consideration for LCLF's provision of the management and technical services which are essential and fundamental to its entire operations, the parties had agreed that notwithstanding LCLF's 49% shareholding in LCLID, LCLF is entitled to 97% of the profits and responsible for 97% of the losses of LCLID as is permitted by and in accordance with the provisions of the Qatari's Companies Law. Accordingly, MMR is only entitled to 3% of the profits and be responsible for 3% of the losses of LCLID.

RATIONALE FOR THE ESTABLISHMENT OF LCLID

The establishment of LCLID in Doha will indubitably consolidate and enhance LCLF's presence and expansion in the Middle East countries, whereby it is expected to further enhance its earnings in Doha.

INTERESTS

None of the Directors and major shareholders and persons connected to them have any interest, whether direct or indirect in the above said Company.

ps:http://announcements.bursamalays ... 391B13?OpenDocument

Mr.Business

补充新闻。

LCL卡塔爾設聯營公司       

updated:2007-07-13 11:40:49 MYT

（吉隆坡訊）LCL企業（LCL,7177）旗下子公司LCL傢俱私人有限公司與莫哈末曼蘇於卡塔爾成立一家聯營公司，以鞏固及擴大該公司在中東國家的業務規模與盈利表現。

公司發表文告表示，聯營公司的繳足資本大20萬卡塔爾里爾（約18萬9213令吉），而LCL傢俱及莫哈末曼蘇將分別持有聯營公司的49%及51%股權，盈利比率則為97對3。

聯營公司將負責室內設計、土木工程、設計貿易、傢俱貿易及相關工作。 （星洲日報/財經•2007.07.13）

http://biz.sinchew-i.com/content ... ;artid=200707131863

milolow

最近lcl抄中东project风...大家可要注意很多马来西亚公司（尤其是建筑的）在那里都遇到project overrun/overcost，所以接到很多project也没用，都没赚到钱（甚至亏钱），可能还没熟悉那里的经营环境吧。

我很少玩这类形的股（包括建筑股〕，拿到工程喊两声股价就起，不用做啊？

klse.8k说你投机赚回来的钱，始终会输回去。

kcthye

我很少玩这类形的股（包括建筑股〕，拿到工程喊两声股价就起，不用做啊？

为什么上面这一句好像听过的？

yusiang

"最近lcl抄中东project风...大家可要注意很多马来西亚公司（尤其是建筑的）在那里都遇到project overrun/overcost，所以接到很多project也没用，都没赚到钱（甚至亏钱），可能还没熟悉那里的经营环境吧＂

我也好像听过。

8years

#3楼有

lembu08

如买 600 unit monday。

bonus shares can get 300 unit shares ?! total 900units

对不对 ？？！