【DIALOG 7277 交流专区】戴乐集团

icy97

不受国油PAPID 延期影响 戴乐边佳兰油槽终站明年营运

财经新闻 财经  2013-10-06 10:59
（吉隆坡5日讯）戴乐集团（DIALOG，7277，主板贸服股）的边佳兰油槽终站计划进展顺利，将在明年首季投入营运，建设进度不受国油提炼与石化工业综合发展计划（简称PAPID）延期的影响。

戴乐集团执行主席饶文杰，接受英文财经周报《The Edge》专访时表示，预期首期营运的营业额，将从明年4月份起进账。

他坦言，若RAPID计划可以如期完工，将为边佳兰油槽终站计划加分，因可以吸引外国油气领域的下游业者进入该地区，有助提高该公司的储存设施需求。

“不过，当时我们在筹备边佳兰油槽终站计划时，也并未将RAPID计划列入考量。”

他表示，边佳兰油槽终站并不是为了RAPID而设，该地区仍有许多潜在的顾客需要使用公司的油气储存设施，但外界对此并不了解，将边佳兰油槽终站与RAPID相提并论。

国油公司的RAPID计划，是在戴乐集团宣布边佳兰油槽终站计划的翌年出现，但由于建设工程挑战重重，使得RAPID计划启用日期，预计从2016年延期至2018年。

在国油公司宣布延期消息后，戴乐集团在股市中面临卖压，之后全球股市动荡不安，进一步让该公司股价走跌。

该股股价由7月18日的3.05令吉高点，在8月28日时，猛挫至2.50令吉历史低点。戴乐集团于周五（4日）闭市时收报2.62令吉。[南洋网财经]

icy97

DIALOG GROUP BERHAD

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	RESTRUCTURING OF DIALOG ASCENT ENERGY SDN BHD (FORMERLY KNOWN AS DIALOG ATLAS GLOBAL SDN BHD)
The Board of Directors of Dialog Group Berhad (“DIALOG”) wishes to announce that Dialog Upstream Services Sdn Bhd (“Dialog Upstream”), a wholly owned subsidiary company of DIALOG, has on 11 October 2013 executed a Shareholders’ Agreement with Ascent Energy Technology Limited (“Ascent”) to  manage the business operations of Dialog Ascent Energy Sdn Bhd (formerly known as Dialog Atlas Global Sdn Bhd) (“DAESB”) which is involved in the marketing, promotion and supply of seismic technology and integrated field development services for upstream oil and gas activities in Malaysia and various other countries. The Shareholders’ Agreement with Ascent (“SHA”) is following the disposal by Atlas Global Oil and Gas Services Limited (“ATG”) of ATG’s entire 45% equity interest representing 450,000 ordinary shares of RM1.00 each held in DAESB to Ascent on 30 September 2013. The balance 55% equity interest is held by Dialog Upstream. Simultaneously with the signing of the SHA, Dialog Upstream acquired 20% equity interest in DAESB from Ascent at a total consideration of approximately HKD1,555,556 (i.e. RM637,934 based on the exchange rate of RM41.01/HKD 100). Dialog Upstream now holds a 75% equity stake in DAESB and the balance 25% equity stake is held by Ascent. Dr Yin Xudong (“Don Yin”) who is currently the Managing Director of DAESB, holds 80% of the equity interest in Ascent and the remaining stake is held by Don Yin’s spouse. Ascent’s principal business is trading and providing technical and engineering solutions to the upstream oil and gas industry. Don Yin has nearly 30 years experience in the oil and gas industry and is an expert in sequence stratigraphy, reservoir characterisation, full field review and field development planning and application of 4D seismic technology. The SHA will pave the way for Dialog Upstream and Ascent to be strategic business partners to market, promote and supply seismic technology and integrated field development services for upstream oil and gas activities in Malaysia and various other countries.      Leveraging on the existing business relationship with Don Yin, the Managing Director of DAESB who is also the director and shareholder of Ascent, the collaboration with Ascent will add more value to the existing business of DAESB. Please refer to the attachment for further details of the announcement. This announcement is dated 11 October 2013.

Attachments

DIALOG - Restructuring of Dialog Ascent Energy Sdn Bhd.pdf

icy97

DIALOG GROUP BERHAD

EX-date	27/11/2013
Entitlement date	29/11/2013
Entitlement time	05:00:00 PM
Entitlement subject	Final Dividend
Entitlement description	Payment of a Final Single Tier Cash Dividend of 2.2 sen per ordinary share held in Dialog Group Berhad in respect of the financial year ended 30 June 2013
Period of interest payment	to
Financial Year End	30/06/2013
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, Symphony House Block D13, Pusat Dagangan Dana 1 Jalan PJU 1A/46 47301 Petaling Jaya Selangor Darul Ehsan Helpdesk Line: 03 7849 0777 Tel: 03 7841 8000
Payment date	19/12/2013
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	29/11/2013
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	0.022

icy97

DIALOG GROUP BERHAD

Type	Announcement
Subject	OTHERS
Description	INCORPORATION OF DIALOG EQUITY (TWO) SDN BHD
We are pleased to announce that Dialog Group Berhad ("DIALOG") has on 28 October 2013 incorporated a wholly owned subsidiary in Malaysia known as Dialog Equity (Two) Sdn Bhd ("DEquity 2”) and the Certificate of Incorporation was received from the Companies Commission of Malaysia on 29 October 2013. DEquity 2 was incorporated with an authorised share capital of RM400,000 divided into 400,000 ordinary shares of RM1.00 each of which 2 ordinary shares have been issued and fully paid-up. DEquity 2 will be the investment holding company for the future phases of Pengerang Deepwater Petroleum Terminal Project.    This announcement is dated 29 October 2013.

lcchong76

DIALOG 分析– http://lcchong.wordpress.com/201 ... nalysis-3-nov-2013/

icy97

受惠邊佳蘭工程‧戴樂首季賺4767萬

2013-11-20 10:57      
（吉隆坡19日訊）邊佳蘭石化終點的工程持續以及工廠維修和裝配活動的營收增加，帶動戴樂集團（DIALOG，7277，主板貿服組）截至9月30日止的首季淨利微升0.02%至4千767萬令吉。

戴樂集團在文告中指出，集團首季營業額為5億7千574萬令吉，彈升38%。

該集團預期將從行業正面前景中受惠，儲油設施的需求料將增加，而邊佳蘭石化終站的進一步發展將為該集團提供更多機會。

展望未來，該集團正尋求新潛在伙伴以進行下階段的發展，包括發展更多儲油終站和液化天然氣儲存終站。

同時，將繼續投資於上游活動，以及增強能力以進一步涉足邊際油田和重新發展已成熟的油田。（星洲日報／財經）

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	575,470	416,950	575,470	416,950
2	Profit/(loss) before tax	64,173	56,235	64,173	56,235
3	Profit/(loss) for the period	50,342	45,225	50,342	45,225
4	Profit/(loss) attributable to ordinary equity holders of the parent	47,673	46,791	47,673	46,791
5	Basic earnings/(loss) per share (Subunit)	1.98	1.96	1.98	1.96
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 ($$)	0.5890		0.5650

Remarks :

Note for No. 5 The earnings per share for current quarter and preceding year corresponding quarter are calculated based on weighted average number of ordinary shares of RM0.10 each in issue of 2,408,377,000 and 2,383,663,000 shares respectively after deducting treasury shares. Note for No. 6 The Board of Directors has on 20 August 2013 announced a Final Single Tier Cash Dividend of 2.2 Sen (preceding year: 2.0 Sen) per ordinary share in respect of the financial year ended 30 June 2013 which is subject to the approval of the shareholders at the Twenty-Fifth Annual General Meeting of the Company to be held on 21 November 2013. If approved, the entitlement of the Final Single Tier Cash Dividend will be determined based on shareholders registered in the record of depositors as at 29 November 2013 and the date of payment will be on 19 December 2013.

icy97

戴樂盈利可改善

2013-11-20 17:18      
（吉隆坡20日訊）戴樂集團（DIALOG，7277，主板貿服組）的2014年財政年首季核心淨利4千350萬令吉，普遍低於市場預測，惟分析員預料未來季度盈利表現可改善，主要是國家石油的峇萊（Balai）油田計劃，以及邊佳蘭中央儲油場等計劃，尚待納入市場預測利好催化因素的支撐。

興業研究指出，國家石油在今年11月初已開始推行峇萊油田計劃，雖然有關進展令人鼓舞，不過，對戴樂集團的盈利貢獻還是言之過早，所以尚未納入該行盈利預測。

興業研究指出，預料國油推行的提煉及石化綜合發展中心（RAPID）計劃的風險不大，它將在2014年首季做出最終投資決定，完全取消計劃的可能性不高，因它是政府12國家關鍵經濟領域的其中重要部份。

3年淨利預測下調

“戴樂集團早在推行RAPID計劃前一年，即在邊佳蘭推行獨立深海石油終站，無論最終投資決定如何，獨立深海石油終站將持續推行，並是戴樂集團的重大利好催化因素。”

馬銀行研究指出，隨著戴樂集團首季業績低於預測，使該行將其2014年至2016年財政年淨利預測，分別下調9%、8%以及5%，至2億4千600萬令吉、2億8千300萬令吉，以及2億9千800萬令吉，主要是聯號公司較低盈利貢獻，及邊佳蘭儲油終站發展計劃啟業營運成本減記因素所致。

馬銀行研究指出，戴樂集團的3年淨利复合平均成長率下調至15%，2014年至2016年的每股股息預測介於4.1仙至5.0仙之間，或等於40%的派發率。

大馬研究指出，雖然戴樂集團2014年首季業績遜於預測，惟該行對其2014年至2016年財政年淨利預測保持不變，主要是預料其2014年下半年淨利表現將更為強勁，因總值19億令吉的邊佳蘭計劃第一階段工程，將於2014年第四季開始營運，加上峇萊邊緣油田也將作出盈利貢獻的利好支撐。

黃氏唯高達指出，該行將戴樂集團2014年及2015年財政年淨利預測下調9%，主要反映其上游工程計劃較高成本。惟該行依然看好其長期展望，特別是其儲油終站重复性質收入。目前股價偏高（2014年預測本益比34倍）限制其短期揚升空間。（星洲日報／財經‧報道：李文龍）

icy97

戴乐宏国探討　边佳兰建储存终站

財经 2013年11月21日
(吉隆坡21日讯)戴乐集团（Dialog，7277，主板贸服股）及新加坡宏国能源（Concord Energy)有限公司在柔佛边佳兰展开一项关於发展原油及石油產品储存终站计划的可行性研究。        

这项研究將需时一年来完成，而这项建议中的发展计划，包括一个指定及独家的储存设施，储存量將达到200万立方公尺。

此外也將会有一座深水码头设施，让宏国能源非常大型的油船进入。

宏国能源是新加坡和东南亚地区的原油和成品油贸易公司。

宏国总部设在新加坡，在迪拜、印尼、马来西亚、瑞士、中国和英国均设有办事处。

转型东方鹿特丹

戴乐集团大马营运董事经理慕斯达化卡马在文告中指出，「在现有的伙伴--宏国能源及未来的投资者的支持之下，我们非常有信心边佳兰將可以转型成为东方鹿特丹，並在全球市场中佔一席位。」

这项建议中的发展计划是边佳兰深水石油终站的一部分。目前，由边佳兰独立终站私人有限公司持有边佳兰深水石油终站计划，正处於最后的发展阶段。

这包括兴建议项储存量达130万立方公尺的初期存储设施，以及6个停泊站，总成本达20亿令吉。

边佳兰独立终站私人有限公司是戴乐集团，Royal Vopak及柔佛州秘书公司联营的公司。

第一阶段的设施包括，储存处理，调混和分销原油及石油產品，並预计將在2014年开始营运。

慕斯达化卡马指出，与宏国能源联手进行的项目，將补足边佳兰深水石油终站目前及未来的发展。

边佳兰深水石油终站是经济转型计划（ETP）下的入口点计划，主要是在202.34公顷土地上，发展一项储存量高达500立方公尺的石油及石化储存设施。

戴乐集团今日起3仙，闭市收在3.02令吉，成交量为2717万4200股，其凭单--戴乐集团WA也走高8仙，至0.815令吉。[东方日报财经]

Type	Announcement
Subject	MEMORANDUM OF UNDERSTANDING
Description	MEMORANDUM OF UNDERSTANDING BETWEEN DIALOG PENGERANG SDN BHD AND CONCORD ENERGY PTE. LTD.
1.INTRODUCTION The Board of Directors of Dialog Group Berhad (“DIALOG”) wishes to announce that its wholly owned subsidiary, namely Dialog Pengerang Sdn Bhd (“DPSB”) has on 21 November 2013 entered into a Memorandum of Understanding (“MOU”) with Concord Energy Pte. Ltd. (“Concord Energy”) to carry out a feasibility study for the proposed development of a dedicated crude oil and petroleum product storage terminal at Pengerang, State of Johor. Concord Energy is one of Singapore and South East Asia’s leading crude oil and refined products trading companies. The proposed development under the MOU is a new phase of the Pengerang Deepwater Petroleum Terminal project at Pengerang, State of Johor where DIALOG has been granted the land rights and development rights under a Development Cum Joint Venture Agreement. The Pengerang Deepwater Petroleum Terminal is being developed on contiguous onshore and seabed land located between Tanjung Ayam and Tanjung Kapal, Pengerang, State of Johor, with deepwater jetty facility with water depth of 24 meters capable of handling Very Large Crude Carriers. Upon completion, the Pengerang Deepwater Petroleum Terminal will be able to handle the storage, blending and distribution of crude oil, gas and petroleum products. The Pengerang Deepwater Petroleum Terminal has the potential to become a regional oil, gas and petrochemical hub owing to its strategic location close to one of the busiest international shipping lanes. Phase 1 of the Pengerang Deepwater Petroleum Terminal project which is owned by Pengerang Independent Terminals Sdn Bhd, a joint venture between DIALOG, Royal Vopak and State Secretary, Johor (Incorporated), is at an advance stage of development. Phase 1 involves the construction of an initial storage capacity of approximately 1.3 million cubic metres (m3) together with six berths at a cost of RM2.0 billion. With the capability to handle the storage, blending and distribution of crude oil and petroleum products, Phase 1 is expected to be operational in 2014. 2.RATIONALE The MOU will pave the way for DIALOG and Concord Energy for a possible cooperation to be strategic business partners in the proposed development of a dedicated crude oil and petroleum product storage terminal at Pengerang, State of Johor. By leveraging on both parties’ expertise and recognising the synergies of their respective strength, mutual benefit is expected to be achieved from the proposed development of a dedicated crude oil and petroleum product storage terminal at Pengerang, State of Johor. The proposed development of this dedicated crude oil and petroleum product storage terminal will be in addition to the ongoing Pengerang Deepwater Petroleum Terminal project at Pengerang, State of Johor. 3.DETAILS OF THE MOU The MOU records the common understanding to serve as a basis for further negotiations in good faith and common exchange of information in furtherance of the development of a proposed dedicated crude oil and petroleum product storage terminal at Pengerang by DIALOG and Concord Energy in conjunction with a strategic investor to be introduced by Concord Energy. DIALOG and Concord Energy are expected to go into negotiations in relation to the form and structure of the joint venture to be established and the services and facilities which are expected to be provided or received by the respective parties. 4.INTEREST OF DIRECTORS, MAJOR SHAREHOLDERS AND PERSON CONNECTED WITH THEM None of the Directors and/or major shareholders of DIALOG and/or persons connected with them have any interest, direct or indirect, in the MOU. 5.FINANCIAL EFFECTS The MOU will not have any effect on the share capital or substantial shareholders’ shareholdings and is not expected to have any material effect on the earnings per share, net asset per share and gearing of DIALOG for the financial year ending 30 June 2014. 6.APPROVAL REQUIRED The MOU is not subject to the approval of the shareholders of the Company or any relevant authority. 7.STATEMENT BY THE BOARD OF DIRECTORS The Board of Directors of DIALOG, having considered all aspect of the MOU, is of the opinion that the terms of the MOU are fair and reasonable and also in the best interest of DIALOG. This announcement is dated 21 November 2013 and a copy of the joint news release is attached herewith.

Attachments Joint News Release - MOU between Dialog and Concord.pdf

发展油槽终站及上游业务 戴乐集团明年投资5亿

财经新闻 财经  2013-11-22 09:48
（吉隆坡21日讯）戴乐集团（DIALOG，7277，主板贸服股）将在明年投入5亿令吉的资本开销，主要是用在油槽终站及上游业务。

戴乐集团执行主席饶文杰表示，明年资本开销是来自于去年发行的附加股、内部融资及借贷。

今年，公司则拨出6亿令吉的资本开销。

在提及边佳兰油槽终站计划进展，他表示，首阶段工程将在2014年首季完成，至于第二期发展阶段，则仍在和合作伙伴洽谈，及进行可行性研究。

他透露，伙伴来自欧洲、美国、东协及中东等国家。

饶文杰是在今日出席股东常年大会后，向媒体发言。

他指，股东在大会上向董事部提问有关人才及竞争的问题。

“对此，我回应股东时表示，这市场并没有公司能与戴乐集团竞争，所以我们并不感到担心，即便寻求人才是公司的挑战。”

此外，他指，股东普遍对公司的业绩表现及股价感到满意，因为公司在这方面取得稳定的成长。

放眼净利增20%至30%

戴乐集团的股息政策，是最低派发40%净利给股东。

在政府持续推动油气领域下，戴乐集团将在明年持续表现活跃及忙碌。

他表示，大马非常特别，因为上游活动持续进行，且已颁发很多合约。

“在政府推动下，以及戴乐集团的业务多元化及良好定位，所以我看好明年公司的前景。”

对于净利成长表现，他表示，一向以来公司都把净利增长目标设定在20%至30%的水平。

他们不会尝试设定取得双倍成长的目标，或是急速扩增。

他说：“我们对公司的成长表现感到满意。”

戴乐集团在过去5年的复合年增长率为20%，而股票的回酬为30%，这反映出公司稳定成长。[南洋网财经]

lcchong76

DIALOG 分析 – http://lcchong.wordpress.com/201 ... alysis-22-nov-2013/

icy97

戴乐集团设新子公司

财经新闻 财经  2014-01-09 08:02
（吉隆坡8日讯）戴乐集团（DIALOG，7277，主板贸服股）宣布成立了一家独资子公司———戴乐资源私人有限公司（DialogResources），以参与油气领域上游业务。

该公司向马交所报备，已接获大马公司委员会颁发公司证书。

戴乐资源私人有限公司的注册股本为40万令吉，分成40万股，每股1令吉的普通股。[南洋网财经]

DIALOG GROUP BERHAD

Type	Announcement
Subject	OTHERS
Description	Incorporation of Dialog Resources Sdn Bhd
We are pleased to announce that Dialog Group Berhad ("DIALOG") has on 6 January 2014  incorporated a wholly owned subsidiary in Malaysia known as Dialog Resources Sdn Bhd (“DRSB”) and the Certificate of Incorporation was received from the Companies Commission of Malaysia on 8 January 2014. DRSB was incorporated with an authorized share capital of RM400,000 divided into 400,000 ordinary shares of RM1.00 each of which 2 ordinary shares have been issued and fully paid-up. The intended business activities of DRSB is to undertake upstream oil and gas activities. This announcement is dated 8 January 2014.

icy97

戴乐边加兰设2 资子公司

财经新闻 财经  2014-01-11 15:13
（吉隆坡10日讯）戴乐集团（DIALOG，7277，主板贸服股）宣布，成立两家独资子公司———边加兰终站5（PT-5）和边加兰终站6（PT-6）私人有限公司，参与边加兰石油与石化储存设施业务戴乐集团向马交所报备，两家独资子公司的注册股本分别为40万令吉，包含40万股普通股，每股面值1令吉。[南洋网财经]

DIALOG GROUP BERHAD

Type	Announcement
Subject	OTHERS
Description	Incorporation of Pengerang Terminals (Five) Sdn Bhd and Pengerang Terminals (Six) Sdn Bhd
We are pleased to announce that Dialog Group Berhad ("DIALOG") has on  9 January 2014 incorporated two wholly owned subsidiaries in Malaysia, namely Pengerang Terminals (Five) Sdn Bhd (“PT-5”) and Pengerang Terminals (Six) Sdn Bhd (“PT-6”). PT-5 and PT-6 were respectively incorporated with an authorized share capital of RM400,000 divided into 400,000 ordinary shares of RM1.00 each of which 2 ordinary shares have been issued and fully paid-up. The intended business activities of PT-5 and PT-6 is to undertake terminal storage facilities for petroleum and petrochemicals in Pengerang, Johor. This announcement is dated 9 January 2014.

icy97

戴樂次季淨利增40％

2014-02-14 10:48      
（吉隆坡13日訊）受惠於營業額走揚，以及聯營項目貢獻增加，戴樂集團（DIALOG,7277,主板貿服組）截至2013年12月31日止第二季淨利從前期的4千751萬令吉增長39.8%至6千640萬7千令吉，拉動上半年淨利達1億1千408萬令吉，比去年同期的9千430萬1千令吉走揚21%。

第二季營業額走揚38%至6億9千416萬2千令吉，令首半年營業額達到12億6千963萬2千令吉，按年上揚38%。

該公司發文告指出，集團為石油與石油化學業綜合技術服務供應商，將可從領域正面前景中受惠，其中儲油罐設施預計進一步增加，而邊佳蘭深水石油終站持續發展將為集團工程與建築業務帶來更多機會，同時也將從相關設施在今年下半年開始營運中獲利。

“目前，集團正為發展更多石油與天然氣儲藏設施爭取新潛在夥伴，同時持續投資上游業務和強化業務能力，以積極參與邊際油田和成熟油田的復興工作，而Bayan油田重新開發計劃活動也將創造長期穩定收入平台。”

整體來說，戴樂集團認為，排除任何不可預見因素，有信心截至2014年6月30日止財政年將帶來健康的表現。（星洲日報／財經）

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	694,162	503,067	1,269,632	920,017
2	Profit/(loss) before tax	82,189	56,270	146,362	112,505
3	Profit/(loss) for the period	69,100	45,356	119,442	90,581
4	Profit/(loss) attributable to ordinary equity holders of the parent	66,407	47,510	114,080	94,301
5	Basic earnings/(loss) per share (Subunit)	2.75	1.99	4.73	3.95
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 ($$)	0.6030		0.5650

Remarks :

Note for No 5 The earnings per share for current quarter and preceding year corresponding quarter are calculated based on weighted average number of ordinary shares of RM0.10 each in issue of 2,413,945,000 shares and 2,392,539,000 shares respectively after deducting treasury shares.

icy97

数油气计划稳住获利 戴乐财测目标价上调

财经新闻 财经  2014-02-19 11:10
（吉隆坡18日讯）戴乐集团（DIALOG，7277，主板贸服股）多项油气计划在手，稳健获利前景获券商看好，纷纷上调盈利预期。

肯纳格投行认为，正在进行中的边佳兰中央油槽设备（CTF）将在首季完成，这项计划的1B以及1C工程分别将在年中及年底完工。

“虽然边佳兰中央油槽设备的第二期工程仍胥视最终投资决定，但对此我们持正面看法，并将中央油槽设备的获利潜能纳入盈利计算中。”

赚幅5季以来最高

报告指出，边佳兰中央油槽设备预计在2014财年起，将为戴乐集团贡献盈利，假设这项设备的使用率达15%，预计可将公司盈利推高至6380万令吉。

戴乐集团次季业绩报捷，第二季净利按年扬40%至6640万令吉，营业额报6.9亿令吉；首两季净利报1.14亿令吉，营业额达12.7亿令吉。

MIDF投资研究指出，戴乐集团次季赚幅为过去5个季度以来最高，达9.6%，首六个月赚幅虽未及前一年同期，但却维持在稳健的水平。

除了边佳兰石油终站业务，戴乐集团与Halliburton Bayan石油联营的Bayan油田重新发展计划进度良好，未来有助巩固该公司获利。

明后年盈利看涨7%

联昌国际投行研究预期进入下半年，边佳兰终站获利将大增，在计入Bayan油田的强化采油（EOR）计划的获利潜能后，预计该公司2015至2016财年每股盈利增幅将达7%。

该机构同时将戴乐集团目标价上调，由3.40令吉，调高至3.62令吉。

MIDF投资研究指出，戴乐集团股价在去年末季大幅走扬，但在今年初起则走滑，年初至今跌幅近10%。

“戴乐集团基本面稳健，建议投资者趁此时机，在低水平时累积该股。”

大马研究认为，戴乐集团今年预测在28倍本益比下交易，较3年平均20倍本益比，高出40%。【南洋网财经】

icy97

石油需求料增加，戴乐集团乘势而上
大马交易所 | 2014年03月17日
http://www.sharesinv.com/zh/articles/45408/

文 : Brian Brinker

全球对石油的需求料将在接下来几年提高，原因是新兴市场对石油的需求增加，发达国家也仍旧依赖石油。

戴乐集团(Dialog Group)的业务包括提供油库和设备维修服务，以及供应上游领域使用的产品，如合成基钻井液和吸收剂。随着石油领域持续发展，这些产品的需求将会提高。

由于公司的主要业务是为钻井活动提供高端服务，东南亚的钻井活动增加将令公司受惠。

油气业者在进行勘探活动时，会需要到公司的多种服务。全球油气勘探活动的资本开支预料会在2014年增加6%。

公司简介

戴乐集团为一家国际集团的一部分，其业务是为油气领域提供专业服务，包括制造、设备保养与维修、电子付款方案和物流。

公司的服务范围涵盖上游和下游领域。它为上游领域提供油田钻凿服务。为下游领域提供的服务则包括管道维护和专业检查服务。

财务表现

公司在过去几年取得了非凡的增长，这从其杰出的财务表现便可见一斑。在截至2010年6月30日的财政年内，公司的收入为11亿令吉。而在FY13结束之前，公司的收入已增长至22亿令吉，在这四年内翻了一倍。

公司的税后盈利在同期内从1亿1,830万令吉增加至1亿9,330万令吉。净股息也从5,450万令吉增加至7,950万令吉。

公司的债务也随之增加，从FY11的4亿6,160万令吉提高至FY13的14亿4,630万令吉。由于债务的数额少于公司的收入和市值，因此对其财务状况应不会有太大的影响。

近期发展

尽管上半年的起步较慢，公司的2013年净利优于预期。
公司在中东、澳洲、新加坡和马来西亚这些主要市场的销售额都持续增加。
由于高端服务的需求增加，工程服务取得的增长尤为特出。
国油(Petronas)预料将在1Q14结束前批准开发峇眼(Balai)油田(公司拥有32%的权益)。
公司在边佳兰设立了两家子公司，以在柔佛经营液化天然气存库。

投资前景

研究机构对戴乐集团的前景看法不一，但近几个星期有更多研究机构给予公司“买入”评级，原因是公司积极扩充业务及把握新商机，其整体财务表现也优于预期。

肯纳格研究(Kenanga Research)自去年8月以来就建议投资者买入这只股，其评级至今维持不变，目标价为3.92令吉，高于其他研究机构。值得一提的是，肯纳格的预测在过去几个月都相当准确，因为公司的股价持续上涨。

大马证券研究(AmResearch)的评级为“持守”，目标价为3.40令吉。兴业证券研究(RHB Research)的评级为“买入”，目标价为3.70令吉。


戴乐集团的股价图表

本文是由大马交易所(Bursa Malaysia)赞助。本文是由先锋出版私人有限公司自行进行研究后撰写，文内的观点不代表大马交易所的看法。大马交易所并不确保文内的资料准确、完整和即时。若读者或任何人士因阅读本文并采取行动后蒙亏而要求赔偿，大马交易所概不负责。

icy97

戴樂集團遭索賠4.8億

企業財經10 Apr 2014 23:10
（吉隆坡10日訊）戴樂集團（DIALOG，7277，主要板貿易）因火患事件，被要求作出高達4億8075萬令吉的賠償金。

戴樂集團向馬證交所報備，獨資子公司Dialog E & C 私人有限公司（DECSB）接獲來自 Tanjung Langsat Port私人有限公司（TLP）的仲裁入稟書，針對工程、採購、建築及委外（EPCC）合約，要求賠償至少4億8075萬令吉。

TLP和DECSB早前簽署總值8950萬令吉的柔佛EPCC合約，已為有關設施展開運作的TLP聲稱，因2008年的火災事故，已遭受損失和損害。

TLP亦有指，是DECSB牴觸EPCC合約，導致火患發生。

不過，DECSB已針對上述賠償金，向律師咨詢詳情。

戴樂集團認為，上述索賠不會對該集團2014財年的財務狀況和運作造成重大影響。【中国报财经】

Type	Announcement
Subject	MATERIAL LITIGATION
Description	NOTICE OF ARBITRATION BETWEEN TANJUNG LANGSAT PORT SDN BHD AND DIALOG E & C SDN BHD
(Announcement pursuant to paragraph 9.04(g) of the Main Market Listing Requirements) Dialog Group Berhad (“DIALOG”) wishes to announce that its wholly-owned subsidiary, Dialog E & C Sdn Bhd (“DECSB”) has, on 9 April 2014, received a Notice of Arbitration dated 7 April 2014 from Tanjung Langsat Port Sdn Bhd (“TLP”) for arbitral proceedings pursuant to the provisions of the Engineering, Procurement, Construction and Commissioning Contract dated 18 October 2006 (“EPCC Contract”) and a Settlement Agreement dated 13 May 2011. The arbitration is referred to the Kuala Lumpur Regional Centre for Arbitration. TLP and DECSB entered into the EPCC Contract for the engineering, procurement, construction and commissioning of a 100,000 cubic metres oil terminal project (“Facility”) at Tanjung Langsat Port, Johor, Malaysia. The stated contract price of the EPCC Contract was RM89.5 million. TLP, which has commenced operations of the Facility, has alleged that it has suffered losses and damages caused by a fire incident on part of the Facility which occurred on 17 August 2008, after completion of the project and handover of the Facility by DECSB as EPCC Contractor. TLP is claiming that the fire incident was caused by DECSB’s breaches of its obligations under the EPCC Contract. TLP is alleging that it is entitled to the following sums: 1.    RM22,431,934.40 for repair and reconstruction costs of the Facility incurred by TLP; 2.    RM2,291,596.71 for repair and reconstruction costs of the Facility payable by TLP; 3.    All costs and expenses to be incurred by TLP in remedying and rectifying the defective design and/or construction  of the Facility, which is currently estimated at RM8,000,000.00; 4.    RM76,744,788.54 for loss of profits had the Facility been approved by Platts or alternatively, RM62,144,788.54 for loss of profits if the Facility remained unapproved by Platts; 5.    An indemnity against all of TLP’s liability towards TLP’s dedicated user, which includes but is not limited to: (i) USD20,747,275.20 for value of the loss of product stored in the Facility; (ii) USD2,108,497.00 for additional costs, fees and expenses incurred; and (iii) USD118,374,250.00 for the dedicated user’s loss of use of the Facility; 6.    Interest on the sums referred to above until full settlement; 7.    Costs; and 8.    Such other reliefs as the tribunal deems fit. The matter has been referred to DECSB’s solicitors and DECSB intends to pursue all available legal avenues to challenge the claims. DIALOG is of the opinion that the arbitration proceeding is not expected to have a material impact on the operational and financial position of DIALOG for the financial year ending 30 June 2014. None of the directors or substantial shareholders of DIALOG or persons connected to them has any interest, direct or indirect, in the aforesaid arbitration proceeding. This announcement is dated 10 April 2014.

icy97

5亿仲裁案件引卖压　戴乐盘中大跌13仙

财经 2014年4月11日
（吉隆坡11日讯）隨著戴乐集团（DIALOG，7277，主板贸服股）陷入一宗逾5亿令吉的仲裁案件，该股在週五面临沉重的卖压，股价在盘中曾触及3.56令吉全天最低，跌13仙或3.52%。虽然如此，分析员皆选择按兵不动，维持该股「买进」投资评级。        

该股週五全天呈跌，以全天最高的3.65令吉低开，比昨天闭市价3.69令吉，跌4仙或1.08%；隨后，该股扩大跌幅，並触及全天最低的3.56令吉，挫13仙或3.52%。

午盘交易，该股大部份时间在3.58至3.59令吉之间波动，最后以3.59令吉掛收，全天跌10仙或2.7%是全场第15大下跌股，成交量为2268万9500股，显著高于週四的488万9100股。

戴乐集团昨日（10日）发文告宣布，旗下全资子公司--Dialog E&C私人有限公司（DECSB）接获丹绒冷剎港口（Tanjung Langsat Port）私人有限公司的仲裁通知书。

该通知书主要是针对2006年10月18日价值8950万令吉的工程、採购、建筑及委外（EPCC）合约，以及2011年5月13日的和解协议作出进一步的控诉。

丹绒冷剎港口私人有限公司在柔佛的丹绒冷剎港口，拥有一项10万立方米油库码头设施项目，但是2008年8月份一场火灾事故使其蒙受严重的损失，该设施是由DialogE&C私人有限公司负责完成和移交。

对此，丹绒冷剎港口私人有限公司声称，这场火灾事故是因为Dialog E&C私人有限公司没有履行合约责任所造成，因此，將会向该公司索取高达1亿7100万令吉和1亿4100万美元（约4亿5543万令吉）的赔偿金。

拉昔胡申研究分析员指出，该集团正处于净负债状况，而丹绒冷剎港口私人有限公司的潜在索偿额介于5亿4660万令吉至5亿6120万令吉，大约佔戴乐集团股本的37.5%至38.6%（截至2013年12月）。

分析员称，以上赔偿额主要包括2080万美元（6620万令吉）的库存损失、210万美元（670万令吉）的额外成本、费用和开销，以及1亿1840万美元（3亿7890万令吉）的用户使用设施损失。

另一方面，马银行金英投行分析员认为，这是一项仲裁案件，並非法律事件，所以相信戴乐集团將挑战该案件，以及质疑对方的索偿。

同时，肯纳格研究分析员也表示，这起案件已交由Dialog E&C私人有限公司的律师跟进，而且该公司正寻求可行的法律途径来免除索赔。

无法確定索赔数额

拉昔胡申研究分析员补充说，现阶段仍无法確定索赔数额，並相信该案件的过程將相当耗时，通常到最后赔偿额將小于对方提出的数额。

戴乐集团管理层也认为，这项案件不会对该集团2014財政年营运和財政带来任何的影响。

马银行金英投行和肯纳格研究分析员皆相信，这起事件不会影响其边佳兰仓库码头发展项目投入营运。该项目1A阶段涉及140万立方米的存储容量项目，预计在2014年，而1B和1C阶段则估计会在2014年中和2014年杪完成。

肯纳格证券研究表示，排除此负面特別案例，他依然看好戴乐集团是最佳的油气股之一，因此维持该股「超越大市」投资评级和3.92令吉目標价。马银行金英投行分析员则维持该股「买进」投资评级和3.90令吉目標价；拉昔胡申研究分析员同样维持该股「买进」投资评级和3.71令吉的合理价。【东方网财经】


遭TLP 索偿逾5亿 戴乐集团短期股价看跌
财经新闻 财经  2014-04-12 12:24
http://www.nanyang.com/node/613535?tid=462




戴樂遭索償5.6億衝擊難料
2014-04-12 10:52      
http://biz.sinchew.com.my/node/93243?tid=18

icy97

戴乐边加兰终站第一期完工

财经 2014年4月14日
（吉隆坡14日讯）戴乐集团（DIALOG，7277，主板贸服）正式宣布边加兰（Pengerang）深水油槽终站第一阶段工程（A）已经完工，並且已经开始运作，接受名国际石油交易商的第1个装运。        

第一阶段工程（A）包含了总共43万2000立方米容量的25个不同容量储罐。第一阶段工程（A）的顺利完工，也意味著第一阶段工程的发展方向处於正確轨道，预计可以在2014年末完工。此外，第一阶段工程发展包括了150英亩的填海土地，相等於带有130万立方米容量的6个泊位，成本约为20亿令吉。

而边加兰（Pengerang）深水油槽终站完整工程包含500英亩的填海土地，也就是500万立方米的容量，而里面会建设24米深水港的码头设施是专门处理超大型油轮（VLCC）的游动。

边加兰（Pengerang）深水油槽终站完整工程预料需要10至15年的时间才能完工，並且启动后不但会通过上涨的经济活动惠利当地社区，也同时更进一步推动RAPID计划的实行。

不过，该股在上周五因为陷入一宗逾5亿令吉的仲裁案件而挫跌，收在3.59令吉，跌13仙或3.52%。该案件是针对2006年10月18日价值8950万令吉的工程、採购、建筑及委外（EPCC）合约，以及2011年5月13日的和解协议做出进一步的控诉。今日，戴乐集团股价继续下跌的趋势，早盘以3.57令吉开跑，一度触及全天最低的3.37令吉，以3.51令吉闭市价收掛，全天下滑了8仙或2.23%。【东方网财经】

Type	Announcement
Subject	OTHERS
Description	COMMENCEMENT OF PHASE 1A PENGERANG TERMINAL
Dialog Group Berhad (“DIALOG”) is pleased to announce that Phase 1A of Pengerang Terminal in Pengerang, Johor, southeastern Peninsular Malaysia has been successfully completed and has commenced operations. Pengerang Terminal received its first shipment from a reputable international oil trader on 12 April 2014. Phase 1A consisting of 25 tanks of various capacities with a total storage capacity of 432,000 cubic metres (“cbm”) is ready to serve various clean petroleum products customers. With the completion of Phase 1A, Phase 1 of Pengerang Terminal is progressing well with the construction of the other phases on schedule for completion by end of 2014. Phase 1’s development covers 150 acres of reclaimed sea-bed land with initial storage capacity of approximately 1.3 million cbm for together with six berths, at a cost of RM2.0 billion. This Phase 1, an independent petroleum and crude storage facility, is being undertaken by DIALOG’s joint venture company, Pengerang Independent Terminals Sdn Bhd (“PITSB”). PITSB is a 90:10 joint venture company between Pengerang Terminals Sdn Bhd (“PTSB”) and State Secretary, Johor (Incorporated) (“SSI”). Dialog Pengerang Sdn Bhd, wholly owned subsidiary of DIALOG and Vopak Terminal Pengerang BV holds 51% and 49% equity stake respectively in PTSB. The Pengerang Terminal, an Entry Point Project under the Economic Transformation Programme ("ETP"), is a terminal development on 500 acres of reclaimed sea-bed land with proposed storage capacity of 5 million cbm. Strategically located at one of the world’s busiest shipping lanes with close proximity to the regional trading hub in Singapore, the RM5.0 billion Pengerang Terminal project is built with deepwater jetty facilities, 24 metres deep, enabling it to handle very large crude carriers (VLCCs). The entire development may take another 10-15 years to be fully complete and will create huge impact to local communities through creation of many economic activities as it will also complement the RAPID project that was recently confirmed by PETRONAS. The Pengerang region is located at the southeastern tip of Johor state, southeastern Peninsular Malaysia close to international shipping routes and Singapore’s international petroleum hub. The Pengerang Terminal will be DIALOG’s third terminal and will synergise with DIALOG’s investment in tankage facilities in Kertih, Terengganu in eastern Peninsular Malaysia and Tanjung Langsat, Johor, in southern Peninsular Malaysia. The development of Pengerang Terminal is part of DIALOG’s business strategy to own terminals and tankage facilities which will result in an increase in its sources of sustainable and recurring income. This announcement is dated 14 April 2014.

icy97

边佳兰码头启用反小跌 戴乐集团宜守住

财经新闻 财经  2014-04-15 13:18
（吉隆坡14日讯）戴乐集团（DIALOG，7277，主板贸服股）边佳兰深水码头上周六迎接了第一艘油轮，利好激不起股价，但分析员建议“守住”。

戴乐集团周一股价并没有受此利好消息带动，反之微跌8仙，或2.2%，闭市收在3.51令吉，成交量为1935万6700股。

交易商表示，相信这是受早前接获丹绒浪沙港口私人有限公司（简称TLP）追索火灾事故损失赔偿事件影响。

被索款消息传出后，戴乐集团自4月10日以来逐步滑落。

但大马研究分析员看好边佳兰终站的后续效应，继续建议“守住”。

“边佳兰终站是戴乐集团的第三个码头，同时将为其在登嘉楼吉利地（Kertih）及柔佛丹绒浪塞的油缸设施投资带来协同效应。”

戴乐集团目前交易价是2015年本益比的28倍，比3年平均20倍本益比溢价40%。

另外，国油公司（Petronas）已确定了投资炼油与石油化工综合发展计划（RAPID），将催化边佳兰深水码头第二和第三期建设。

分析员预计，戴乐集团将通过联营公司边佳兰独立终站私人有限公司（简称PITSB）参与一项总值40亿令吉的液化天然气贮存设备项目。

但因国油气体（PETGAS，6033，主板工业产品股）未敲定再气化厂房投资额，分析员暂时维持戴乐集团3.40令吉的目标价；若后者持股30%，目标价将上修29仙，至3.69令吉。

工程可如期年底完成

随着1A阶段的落成，边佳兰终站首阶段工程，估计可如期年底完工。

分析员预计，接下来的1B及1C工程将加快，但启用日期则需视客户需求而定。

边佳兰深水码头已完工及启用的1A阶段，总贮存容量为43万2000立方米。

整体首期发展，涵盖150英亩的填海地段，最初贮存容量约为130万立方米，拥有6个泊位，成本20亿令吉。

不过，大马研究分析员指出，整体首阶段的运作还未开始，因贮存油槽将会以分阶段启用。【南洋网财经】

icy97

戴乐庆周年送红股库存股

财经 2014年5月6日
（吉隆坡6日讯）戴乐集团（Dialog，7277，主办贸服股）宣佈分送红股与库存股，以庆祝公司成立30周年及上市18周年！        

该公司在一项文告中表示，分送红股的比例是1股送1股；而分送库存股的比例则是每125股送1股。为了避免混淆，该公司会先执行分送库存股后才送红股，这意味著，股东可以先拿到库存股后，再拿红股。

分送红股涉及的股票数额是26亿6781万股，所需动用的资金是从公司的股票贴水账户转拨，而公司目前手头上拥有的库存股数额则是2117万股。

股本將增至4.9亿

该公司表示，这也是该公司上市以来第7次分送红股，及第3次分送库存股。由於该公司的股票面值是每股10仙，在分送红股后，公司的股本会升增至4亿9000万令吉。

该公司补充说，较大的股本基础可以较好反映公司目前业务。

该公司在早盘休市时发布这项消息，股价在午盘受到激励走高，最终收在3.78令吉，涨13仙或3.56%，是今日第9大上升股，成交量有705万5200股。【东方网财经】

Type	Announcement
Subject	NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) BONUS ISSUES
Description	DIALOG GROUP BERHAD ("DIALOG" OR THE “COMPANY") -        PROPOSED BONUS ISSUE -        PROPOSED SPECIAL SHARE DIVIDEND
The Board of Directors of DIALOG (“Board”) wishes to announce that the Company is proposing to undertake the following:- (i)         a bonus issue of up to 2,667,810,087 Shares (“Bonus Shares”), to be credited as fully paid-up at par, on the basis of one (1) Bonus Share for every one (1) existing ordinary share of RM0.10 each in DIALOG (“DIALOG Shares” or “Shares”) held at an entitlement date to be determined later (“Entitlement Date”) (“Proposed Bonus Issue”); and (ii)         a distribution of up to 21,173,095 treasury shares held by the Company (“Special Share Dividend”) to the shareholders of the Company (“Shareholders”) on the basis of one (1) treasury share for every 125 DIALOG Shares held on the Entitlement Date (“Proposed Special Share Dividend”), The Proposed Bonus Issue and Proposed Special Share Dividend are to reward shareholders in celebration ofDIALOG’s 30th anniversary of incorporation and 18th anniversary of initial public offering (“IPO”) on Bursa Malaysia Securities Berhad (“Bursa Securities”) on 6 May 1996. The Proposed Bonus Issue marks the 7th bonus issue to be implemented by the Company since IPO and with only one rights issue with free warrants. The share capital of the Company will be enlarged to RM490 million after the Proposed Bonus Issue, an increase of 24 times from its share capital during IPO in 1996 of RM20 million.   The enlarged share capital will better reflect the Group’s current scale of operations, business growth, profitability and will increase the capital base (share capital over market capitalisation) to above 5% from the current 2.8%. The Proposed Special Share Dividend is the 3rd share dividend declared by the Company after distributions of special share dividend in 2006 and 2009 respectively. In addition, the Proposed Bonus Issue and the Proposed Special Share Dividend will optimise the utilisation of share premium of DIALOG as at 30 June 2013 of RM336 million. For illustration, an initial shareholder holding 1,000 shares since IPO and has invested RM23,892 (computed based on the IPO price as well as rights issue undertaken in 2012) will have an enlarged shareholding of 213,106 Shares with shareholders’ value of RM417,775 (taking into consideration the effects of the Proposals on DIALOG share price, market value of Warrants 2012/2017 as well as gross dividends received since IPO). The compounded annual growth rate on return to an initial shareholder is 36% from IPO in 1996 to 2014. Please refer to the attachment for further details of the announcement. http://www.bursamalaysia.com/market/listed-companies/company-announcements/1614569

Attachments DIALOG Proposed Bonus Issue and Special Share Dividend.pdf

icy97

紅股沖稀盈利‧戴樂估值不受影響

2014-05-08 11:09      
（吉隆坡7日訊）戴樂集團（DIALOG,7277,主板貿服組）建議以125送1庫存股及1送1紅股，分析員認為是正面發展，雖然會沖稀盈利，但不影響估值和前景。

紅股和派發庫存股，也可加強股票交易流通量及回饋股東，並擴大股本更好反映現有營運規模，業務成長及盈利表現。

肯納格研究指出，紅股及派送庫存股計劃，將使戴樂集團股本基礎（股本/市值）從現有2.8%增加至5%以上水平，假設上述庫存股及紅股計劃達到最高數額，額外新股將分別達到2億3千650萬股及26億6千780萬股，2015年及2016年的每股盈利沖稀54.9%。不過，這將不會影響現有的估值。

肯納格指出，戴樂集團在柔州邊佳蘭獨立終站設施計劃第1A階段已在2014年首季完成，預料第1B及1C階段將分別在2014年中及2014年杪落實；預料第二階段工程計劃將如期推行，特別是國家石油已經批准了邊佳蘭的石油提煉及石化綜合中心的計劃。

目前，最終儲油槽終站及股權分配尚有待落實，肯納格預測從2017年財政年開始，儲油量將額外增加72萬立方公尺。

肯納格指出，該公司旗下的峇萊油田已發現石油，預料已在2014年首季進行擴大油田試驗活動，惟預料在2017財政年才作出盈利貢獻，任何提前貢獻將是進一步推高其盈利的催化劑。

大馬研究指出，戴樂集團的股本將增加至2.2倍，即從現有的24億股增至53億股。

大馬研究指出，隨著國油已批准進行石油提煉及石化綜合中心計劃，預料戴樂集團在邊佳蘭獨立終站的第二及第三階段的建築工程，將加速在未來數個月進行，並胥視與客戶洽商而定。

大馬研究指出，由於最近的企業活動並不會改變戴樂集團的盈利前景，維持2014至2016年的財測保持不變。



（星洲日報／財經‧報道：李文龍）