Financial Result of ARREIT (as at 30/09/2012)

Quarterly rpt on consolidated results for the financial period ended 30/9/2012

AMANAHRAYA REAL ESTATE INVESTMENT TRUST

Financial Year End	31/12/2012
Quarter	3
Quarterly report for the financial period ended	30/09/2012
The figures	have not been audited

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	16,786	16,184	50,086	48,914
2	Profit/(loss) before tax	10,793	10,379	30,706	32,215
3	Profit/(loss) for the period	10,793	10,379	30,706	32,215
4	Profit/(loss) attributable to ordinary equity holders of the parent	0	0	0	0
5	Basic earnings/(loss) per share (Subunit)	1.88	1.81	5.36	5.62
6	Proposed/Declared dividend per share (Subunit)	1.79	1.72	5.26	5.34
		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 ($$)	1.0490		1.0475

Diam diam 收錢，結果幾乎都忘了 ARREIT 的存在，好像很久沒留意它了。=.=|||

ARREIT沒有買進新的產業，收到的租金自然也不會有太大的增長，收到的租金和花費的增加勉強還算是成正比，income distribution 自然也不會有什麽大躍進了。以目前的價位，0.93 來説，一年的 net income distribution 都還有 7% 左右，拿來取代 FD 算是不過不失了。

ARREIT目前的隱憂：

1. 銀鳥集團（Silver Bird）續約能力市目前最大的隱憂。雖然銀鳥的擔保人在6月是解了它無力償還租金的窘境，但也只能維持到01/2013，距離現在也只剩下2個月了。須知道銀鳥是 ARREIT 的主要租戶之一，佔 ARREIT 10%+- 的租金收入。
2. Wisma Amanahraya (Damansara)的租約將于 07/2013 expired，目前租戶 CIMB Investment Bank Berhad 估計不會續約（會搬去KL Sentral）。

希望 ARREIT 的管理層能夠積極解決上述隱憂，不然它的價位 + 派息能力勢必受影響…… 也希望 ARREIT 能夠積極一點去發展，好好利用剩餘的貸款空間（目前 gearing ratio 0.35左右，可以去到0.5）。

目前保持觀望態度，由於大選將至，也不排除大選前清空所有的票握現金，先看看再説咯。

Financial Result of MAYBANK (as at 30/09/2012)

Quarterly rpt on consolidated results for the financial period ended 30/9/2012

MALAYAN BANKING BERHAD

Financial Year End	31/12/2012
Quarter	3
Quarterly report for the financial period ended	30/09/2012
The figures	have not been audited

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	6,970,893	6,074,346	20,505,179	16,923,426
2	Profit/(loss) before tax	2,024,838	1,840,485	5,945,274	5,144,587
3	Profit/(loss) for the period	1,534,459	1,366,190	4,379,780	3,805,674
4	Profit/(loss) attributable to ordinary equity holders of the parent	1,500,690	1,328,047	4,285,111	3,624,963
5	Basic earnings/(loss) per share (Subunit)	19.11	17.76	55.40	48.47
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	32.00	32.00
		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 ($$)	4.7290		4.4920

MAYBANK第三季的業績依然維持著不錯的成績，營業額和盈利分別提升了14.76%和13% 左右。三季下來，EPS累積了55.40仙，比較去年的48.47仙，雖不是大幅成長，但至少穩步上升，還算不錯。

個人預測MAYBANK下一季的業績應該不會有太大的落差，全年業績依然標青，就擔心大選會拖累股價。但稍微調整也不是壞事，可以把握時機加碼。當然，最期待的還是下一季會公佈的股息，有望提得更高一點嗎？:p

把MAYBANK作爲現金牛來看的話，這股實在值得持有。但鑒于大選將至，加碼還是免談了，保本至上，留得青山在不怕沒柴燒啊。怕死的我最近都在累積本錢，偶爾“小賭”一把，還真有點悶~

Financial Result of LUXCHEM (as at 30/09/2012)

Quarterly rpt on consolidated results for the financial period ended 30/9/2012

LUXCHEM CORPORATION BERHAD

Financial Year End	31/12/2012
Quarter	3
Quarterly report for the financial period ended	30/09/2012
The figures	have not been audited

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	112,019	127,329	375,043	367,989
2	Profit/(loss) before tax	5,329	7,655	21,423	23,402
3	Profit/(loss) for the period	3,988	5,584	16,004	17,363
4	Profit/(loss) attributable to ordinary equity holders of the parent	4,029	5,584	16,057	17,363
5	Basic earnings/(loss) per share (Subunit)	3.07	4.30	12.31	13.36
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 ($$)	1.0000		0.9700

LUXCHEM第三季度的季報成績有點不理想，跟去年同期比較就有了蠻大的差距的，讓人有點失望。雖然覺得下跌空間有限，但如果真的有哪個萬一，跌破個人心裏設定的那個價位，我還是會小小加碼。

剩下一個季度，預計LUXCHEM的業績不會有出乎意料的成長，但希望它還是能保持著四平八穩的表現，也希望明年股息派發方面不會被影響。

雜談

最近有朋友投身股海，打算由小小投資做起。聊起來自然也討論了一下各自的看法。討論中，我知道：

1）他投入的資金不多；
2）他要找價位穩定的和高股息的股；
3）他打算長期持有，執行“股票儲蓄計劃”。

雖然我股齡尚淺，但他依然問了問我的意見，我也沒隱瞞什麽，把幾個業績不錯，股價尚算合理，股息也不錯（DY 6-8%）的股推薦給他了。由於友人的資金不多，我也建議他盡量集中在2-3個股，長期累積一段時間應該會有不錯的回報的。當然也同時告訴他現在進場所面對的風險，有耐心不妨等待。

後來這名友人終于出手了，買了什麽股就不說了，但該股價格不算便宜，但尚算合理，但和他所要求的高股息有出入，僅僅高出 FD 的3%一點點而已。告訴他該股的DY太低了，而且以他買的量，要賺差價也非常困難，也偏離了他原有的目標。如果維持原有目標，應以高DY爲主，盡量得到高回報。友人卻説他已做過研究了（應該只是看新聞），覺得這股價格穩定，不介意DY 3%+，風險很低，也不斷地強調說DY不重要，而是看公司派出多少巴仙的profit之類的（我是兩個都看啦，哈哈……）。

既然他已經出手了，我也沒說什麽，只是稍微說說自己的看法，與其有風險的賺取這3%+股息，還不如放FD，除非要賺取的是capital gain，但那需要一定數量的票。

友人好像有點不耐煩，討論自然無法繼續下去了，我也沒堅持什麽啦，投資看個人嘛，就只總結說股市裏每個人看法都不一樣才有上有下（這是事實 ：p），並提醒他，他已經偏離了自己原本的目標。但股市沒有絕對的，可能他的收穫不是從股息哪裏來。

其實投資也好，做事也好，變通很重要，如果因爲想法不同而去ban掉別人的意見，否定別人的做法好像很幼稚哦。所以我也沒說他買對買錯，説不定幾年后那只股像Nestle那樣也説不定，誰知道？

DRP of MAYBANK

MAYBANK - NOTICE OF BOOK CLOSURE

MALAYAN BANKING BERHAD

11/09/2012 12:11:57 PM

LISTING'S CIRCULAR NO. L/Q : 65998 OF 2012

Interim cash dividend in respect of the financial year ending 31 December 2012 of RM0.32 per ordinary share of RM1.00 each in Maybank less 25% taxation. 

Kindly be advised of the following : 

1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ] 
as from : [ 20 September 2012 ] 

2) The last date of lodgement : [ 24 September 2012 ] 

3) Date Payable : [ 25 October 2012 ] 

Remarks :- On 16 August 2012, the Board of Directors of Malayan Banking Berhad (“Maybank”) (“Board”) announced its consolidated results for the financial period ended 30 June 2012, wherein the Board declared an interim cash dividend in respect of the financial year ending 31 December 2012 of RM0.32 per ordinary share of RM1.00 each in Maybank (“Maybank Share”) less 25% taxation (“Interim Cash Dividend”). The Board had also determined that the Dividend Reinvestment Plan (“DRP”) will apply to the Interim Cash Dividend in which an electable portion of RM0.28 (RM0.21 net of taxation) per Maybank Share held can be elected to be reinvested into new Maybank Shares and the remaining portion of RM0.04 (RM0.03 net of taxation) per Maybank Share will be paid in cash. 

On behalf of the Board, Maybank Investment Bank Berhad wishes to announce that the issue price of new Maybank Shares to be issued pursuant to the DRP applicable to the Interim Cash Dividend has been fixed today at RM8.40 per new Maybank Share.

DRP的詳情出來了咯，每股定價RM8.40。

近期 KLCI 下滑的情況然我對這次的DRP有點猶疑了。大選將至，前些時間硬硬被托起股市短期内有蠻大的下滑空間。雖然心裏明白投資長期看，但心魔總是難以降伏的，paper gain 狂瀉 / 有 paper loss 時心裏還是有點五味雑成的感覺。

最近投入了滿多資金，再加上未來的一年裏可能會有大筆開銷，需要保留一筆錢。做決定前還是先考慮看看現在的資金比例，免得機會來時面對沒有資金的窘況。

Financial Result of ARREIT (as at 30/06/2012)

SUMMARY OF KEY FINANCIAL INFORMATION 30/06/2012

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30/06/2012	30/06/2011	30/06/2012	30/06/2011
		$$'000	$$'000	$$'000	$$'000
1	Revenue	16,678	16,367	33,300	32,730
2	Profit/(loss) before tax	10,224	10,903	19,912	21,837
3	Profit/(loss) for the period	10,224	10,903	19,912	21,837
4	Profit/(loss) attributable to ordinary equity holders of the parent	0	0	0	0
5	Basic earnings/(loss) per share (Subunit)	1.78	1.90	3.47	3.81
6	Proposed/Declared dividend per share (Subunit)	1.80	1.81	3.61	3.62
		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 ($$)	1.0493		1.0475