math_of_money
Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Jardine Cycle & Carriage
10-09-2015, 06:37 AM,
Post: #91
RE: Jardine Cycle & Carriage
http://uk.reuters.com/article/2015/09/09...C120150909

UPDATE 2-Indonesia unveils stimulus package to lure investment





* President streamlines dozens of trade, industry regulations

* Next installment of stimulus package to be announced later this month

* Most regulations will only have short-term impact-chief econ min (Updates with announcement)

By Gayatri Suroyo and Bernadette Christina

JAKARTA, Sept 9 (Reuters) - Indonesia's president on Wednesday unveiled the first installment of a stimulus package aimed at luring more investment, boosting consumer spending, and supporting a currency that has weakened to 17-year lows.

Investor sentiment towards Southeast Asia's largest economy has soured, as President Joko Widodo struggles to implement much needed reforms, hobbled by rifts within his own political party and squabbles among government agencies.

In a live television broadcast, Widodo announced a series of measures to attract investment, such as streamlining dozens of overlapping trade and industry regulations, simplifying the permission process for "strategic projects", and easing rules for foreigners opening bank accounts in foreign currency.

The government also announced it would provide more rice for the poor and look for cheaper foreign beef to tame inflation.

"I want to underline that this economic package is aimed at stimulating the real economy, which will have an impact to our economy in the future," Widodo told reporters at the presidential palace.

The second installment of the "massive deregulation" package is expected to be announced by month-end, and could include revisions to the so-called negative investment list that details sectors restricted to foreign funds.

Widodo offered few details, however, on how the changes would resolve tougher, entrenched problems such as the country's poor infrastructure.

Indeed, chief economics minister Darmin Nasution told reporters after the announcement that most of the regulations would have a short-term impact.

Government officials "are in a panic," said Wisnu Wardana, Jakarta-based economist at Bank CIMB Niaga. "As long as infrastructure hasn't started, the market won't be happy. We're quite fixated on that."

In March, after the rupiah hit its lowest level since 1998, Widodo launched his first policy package, which included a plan to impose temporary anti-dumping import duties and waive visas for visitors from dozens of countries.

But the rupiah has weakened steadily since, as Southeast Asia's largest economy slowed and the U.S. dollar climbed on expectations for the Federal Reserve to raise interest rates later this year, pressuring emerging market currencies.

The rupiah touched a fresh 17-year low on Tuesday and was trading at 14,257 per dollar on Wednesday, taking its losses in 2015 to around 13 percent.

In the second quarter, Indonesia's annual economic growth dropped to 4.67 percent, its slowest pace since 2009, with prices for commodity and energy exports remaining weak. (Additional reporting Fergus Jensen, Kanupriya Kapoor, Hidayat Setiaji, and Wilda Asmarini; Writing by Randy Fabi; Editing by Clarence Fernandez)

Find Reply
05-11-2015, 07:39 AM,
Post: #92
RE: Jardine Cycle & Carriage
http://www.businesstimes.com.sg/companie...-q3-profit

Dent from Astra cuts Jardine C&C Q3 profit
By
Nisha Ramchandaninishar@sph.com.sg@Nisha_BT


NOV 5, 2015

5:50 AM
Singapore
JARDINE Cycle & Carriage saw a 15 per cent slide in net profit to US$182.2 million for the three months ended Sept 30, dragged down in part by a weaker performance from Indonesia-based Astra International.
Revenue for the third quarter slumped 20 per cent to US$3.7...

Find Reply
23-05-2016, 11:33 AM,
Post: #93
RE: Jardine Cycle & Carriage
Seems like going back to 30 dollar range.. Any buddies have any insight on this counter..?

Find Reply
16-05-2017, 07:02 PM,
Post: #94
RE: Jardine Cycle & Carriage
Jardine Cycle & Carriage Limited announced that it has on 16 May 2017 acquired 17,618,668 new ordinary shares of par value THB 10 each ("rights shares") in the capital of Siam City Cement Public Company Limited ("SCCC") as a result of its successful subscription and/or application for all its pro-rata entitlement of rights shares and excess rights shares in the rights offering of SCCC, at the subscription price of THB250 per rights share.

The subscription price of THB250 per rights share is a 10% discount to the theoretical ex-rights price based on the announcement date of the rights offering by SCCC.

The rights shares were offered for subscription to existing shareholders of SCCC on the basis of 1 rights share for every 3.382353 existing shares and the total amount raised by the rights offering was THB17 billion.

The aggregate cash consideration for the Subscription was THB4,405m (approximately US$127m), of which S$98 million (US$70 million) was funded from the proceeds of JC&C s rights issue in 2015 and the balance was funded by internal resources.

As a result of the Subscription, JC&C's shareholding in SCCC has increased from 24.99% to 25.21 %.
Specuvestor: Asset - Business - Structure.

http://www.valuebuddies.com
Website Find Reply
27-07-2017, 06:39 PM,
Post: #95
RE: Jardine Cycle & Carriage
Today's closing price of PT Astra International Tbk is Rp 8075.

PT Astra International Tbk 2017 First Half Financial Statements

Highlights:
1. The Group's consolidated net revenue for the period increased by 11% to Rp98.0 trillion
2. Net earnings per share up 31% at Rp231
3. Net asset value per share was Rp 2,881 as at 30 June 2017
4. Increased market share for both cars and motorcycles
5. Positive contribution from Permata Bank
6. Strong recovery in coal prices benefited heavy equipment and mining contracting volumes
7. Agribusiness improved with higher crude palm oil prices and production
8. Most of the Group’s businesses performed well in the first half of 2017.

More details in http://infopub.sgx.com/FileOpen/Astra_20...eID=464193
Specuvestor: Asset - Business - Structure.

http://www.valuebuddies.com
Website Find Reply
28-07-2017, 01:21 PM,
Post: #96
RE: Jardine Cycle & Carriage
(27-07-2017, 06:39 PM)cyclone Wrote: Today's closing price of PT Astra International Tbk is Rp 8075.

PT Astra International Tbk 2017 First Half Financial Statements

Highlights:
1. The Group's consolidated net revenue for the period increased by 11% to Rp98.0 trillion
2. Net earnings per share up 31% at Rp231
3. Net asset value per share was Rp 2,881 as at 30 June 2017
4. Increased market share for both cars and motorcycles
5. Positive contribution from Permata Bank
6. Strong recovery in coal prices benefited heavy equipment and mining contracting volumes
7. Agribusiness improved with higher crude palm oil prices and production
8. Most of the Group’s businesses performed well in the first half of 2017.

More details in http://infopub.sgx.com/FileOpen/Astra_20...eID=464193

if all positive news, why is the share price dropping so xiong?

Find Reply
30-07-2017, 07:21 PM,
Post: #97
Jardine Cycle & Carriage
I see it as a reversion to the mean as the earlier valuation was too rich.


Sent from my iPad using Tapatalk

Find Reply
04-08-2017, 05:55 PM,
Post: #98
RE: Jardine Cycle & Carriage
Today's closing price is SGD 40.08 per share.

Financial Results for Six Months ended 30th June 2017

Highlights :
1. The Group's revenue in the first half was US$ 8.5 billion, 11% up on the previous year
2. Profit attributable to shareholders was US$ 399 million, an increase of 22%
3. Underlying earnings per share up 13% to US¢ 95 per share
4. Earnings per share rose 22% to US¢ 101 per share
5. Stronger performances from most of Astra’s businesses
6. Lower contributions from non-Astra interests
7. NAV per share as at 30th June 2017 was US$ 15.19 per share
8. An interim one-tier tax exempt dividend of US¢ 18 per share.

More details in http://infopub.sgx.com/FileOpen/JCC_H120...eID=465580
Specuvestor: Asset - Business - Structure.

http://www.valuebuddies.com
Website Find Reply
13-11-2017, 02:25 PM,
Post: #99
RE: Jardine Cycle & Carriage
Acquisition of Interest in Vinamilk

Jardine Cycle & Carriage Limited announced that Platinum Victory Pte. Ltd., a wholly-owned subsidiary of the Company, has agreed to acquire an aggregate interest in 80,285,671 shares of par value VND10,000 each in the capital of Vietnam Dairy Products Joint Stock Company ("Vinamilk"), representing approximately 5.53 per cent. of the issued share capital of Vinamilk.

The aggregate consideration for the Relevant Interest is approximately US$616.6 million in cash, which will be funded by internal resources and external borrowings.

More details in http://infopub.sgx.com/FileOpen/VM%20SGX...eID=478051
Specuvestor: Asset - Business - Structure.

http://www.valuebuddies.com
Website Find Reply
Yesterday, 09:32 AM, (This post was last modified: Yesterday, 09:32 AM by weijian.)
Post: #100
RE: Jardine Cycle & Carriage
The Board wishes to announce that PVPL has made further on-market purchases to acquire an additional 16,464,493 Vinamilk Shares, representing approximately 1.1 per cent. of the issued share
capital of Vinamilk (such on-market purchases, the “Acquisition”). Following the Acquisition, the JC&C group now has an aggregate interest in 145,589,861 Vinamilk Shares, representing approximately 10.0 per cent. of the issued share capital of Vinamilk (“Aggregate Interest”).

http://infopub.sgx.com/FileOpen/VM%20Agg...eID=479082

Find Reply


Forum Jump:


Users browsing this thread: 2 Guest(s)
Valuebuddies.com | Return to Top | | Lite (Archive) Mode | RSS Syndication | CONTACT US: nas......@valuebuddies.com |