<div class=newsTextDataWrapInner><p><strong>Gopeng Bhd</strong><br />
Gopeng (Fundamental: 1.5/3, Valuation: 1.8/3) was formerly best-known as a Perak-based cement manufacturer. The company sold its 35.2% stake in Perak Hanjoong Simen for RM200 million cash to YTL Cement in 2010. Following the disposal, it turned into a cash-rich entity with small plantation and property arms.</p></div>

<div class=newsTextDataWrapInner><p>The company’s revenue has been declining, from RM17.5 million in 2011 to RM10.2 million in 2013. Net profit in 2013 rose 36.9% to RM3.6 million, but this was largely due to RM4.95 million in fair value gains from investment properties and short-term investments.</p></div>

<div class=newsTextDataWrapInner><p>Gopeng’s main attraction is perhaps its strong, cash-rich balance sheet, which makes up 61.4% of its market capitalisation today.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The stock is trading at 0.61 times its net asset value of RM1.64, with trailing 12-month P/E of 64 times. Dividends in the past two years totaled 3 sen per share annually, giving a yield of 2.9%.</p></div>

<div class=newsTextDataWrapInner><p><img alt="gopeng_4Feb15_theedgemarkets" src="http://edgemarkets.s3-ap-southeast-1.amazonaws.com/pictures/gopeng_4Feb15_theedgemarkets.png" style="height:653px; width:500px" /></p></div>

<div class=newsTextDataWrapInner><p>This article first appeared in <em>The Edge Financial Daily, </em>on February 4, 2015.</p></div>


Gopeng Bhd
Gopeng (Fundamental: 1.5/3, Valuation: 1.8/3) was formerly best-known as a Perak-based cement manufacturer. The company sold its 35.2% stake in Perak Hanjoong Simen for RM200 million cash to YTL Cement in 2010. Following the disposal, it turned into a cash-rich ...

Stocks With Momentum: Gopeng

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<p>Property developer Scientex Bhd aims to provide a total of 50,000 units of quality housing units at affordable prices nationwide by 2028.</p>

<p>Scientex project general manager (property division) Tang Song Teik said that so far, the company has handed over 35,062 affordable housing units, with about 70% of them sold at prices below RM300,000.</p>


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<p>The Malaysian Communications and Multimedia Commission (MCMC) has lodged police reports against three individuals, namely Badrul Hisham Shaharin or Chegubard, Mohamad Salim Iskandar (Salim Iskandar) and Wan Muhammad Azri Wan Deris (Papagomo), for making and spreading false accusations about its officers.</p>


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<p>PKR Information chief Fahmi Fadzil said no specific names were discussed regarding the leadership of the Sabah PKR State Leadership Council (MPN) at a special meeting with Prime Minister Datuk Seri Anwar Ibrahim on Saturday.</p>


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<p>The Madani government is committed to eradicating hardcore poverty in Sabah despite knowing the situation is quite complicated to resolve, said Prime Minister Datuk Seri Anwar Ibrahim.</p>


<p>The Madani government will look into the hardship faced by the people in Sabah, especially in terms of socioeconomic poverty as well as improvements to infrastructure for the benefit of the people.</p>
