<div class=newsTextDataWrapInner><p>This article first appeared in<em> The Edge Financial Daily,</em> on October 28, 2015.</p></div>

<div class=newsTextDataWrapInner><p><strong>CNI Holdings Bhd (-ve)</strong></p></div>

<div class=newsTextDataWrapInner><p>SHARES of CNI (Fundamental: 2.25/3, Valuation: 1.8/3) closed 5.3% lower at 9.0 sen yesterday in active trade. A total of 5.8 million shares changed hands, over 28 times its past 200-day average.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Notably, the company has been loss-making since 2013, while sales has been declining every year since 2008.</p></div>

<div class=newsTextDataWrapInner><p>For 1H2015, the company suffered a net loss of RM1 million despite a 3.4% y-y increase in revenue to RM46 million. However, the loss was lower compared to a RM3.2 million loss in 1H2014. The improved performance was due to strong revenue growth in the manufacturing business.</p></div>

<div class=newsTextDataWrapInner><p>Primarily a direct selling company, CNI is involved in the manufacturing, marketing and trading of healthcare and consumer products. The marketing and trading business accounted for about 80% of revenue last year. In addition, 20.7% of total revenue came from export markets.</p></div>

<div class=newsTextDataWrapInner><p>The stock trades at 0.8 times book. Net cash stood at RM23.6 million, equivalent to 34.8% of its market capitalisation.</p></div>

<div class=newsTextDataWrapInner><p><img alt="CNI-Holdings_SWM_FD_28Oct15_theedgemarkets" src="http://edgemarkets.s3-ap-southeast-1.amazonaws.com/pictures/CNI-Holdings_SWM_FD_28Oct15_theedgemarkets.png" /></p></div>


This article first appeared in The Edge Financial Daily, on October 28, 2015.

CNI Holdings Bhd (-ve)

SHARES of CNI (Fundamental: 2.25/3, Valuation: 1.8/3) closed 5.3% lower at 9.0 sen yesterday in active trade. A total of 5.8 million shares changed ha...

Stock With Momentum: CNI Holdings

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<p>The Labuan Port Authority (LPA), currently overseen by the Bintulu Port Authority, will soon operate directly under the Ministry of Transport (MOT), pending the official transfer of the Bintulu Port Authority to the Sarawak government.</p>


<p>Russia and the US have had contact on the subject of the war in Ukraine via “closed channels” at the military and political levels, according to a top Russian foreign relations official.&nbsp;</p>


<p>Chinese and Indonesian firms will sign business agreements totalling more than US$10 billion (RM43.82 billion)&nbsp;on Sunday, President Prabowo Subianto said as he met his counterpart Xi Jinping in Beijing during a state visit.</p>


<p>German Economy Minister Robert Habeck is ramping up pressure on Chancellor Olaf Scholz to schedule new elections without delay. &nbsp;</p>

<p>Habeck, who is also Germany’s vice-chancellor, told the public broadcaster <em>ZDF</em> on Friday evening that a vote should be held “as soon as possible” following the collapse of Scholz’s unpopular three-way coalition. He also cautioned that parties should be careful not to jeopardise the constitution or ongoing government affairs. &nbsp;</p>
