Tadika Vista Cemerlang, Bandar Kinrara

Maintain outperform with a lesser target price (TP) of RM1.55: Crescendo Corp Bhd’s first nine months of financial year 2018 (9MFY18) core net profit (CNP) of RM32.6 million is in line at 77% of our full-year estimate. No consensus estimates available. Property sales of RM154.4 million are also on course to meet up our target of RM221 million. No dividends were declared, as expected. There are no changes to our FY18 to estimated FY19 earnings.

The company’s 9MFY18 CNP registered a solid year-on-year (y-o-y) growth of 51% underpinned by decent improvements, namely in revenue (+21%) and earnings before interest, taxes, depreciation and amortisation (ebitda) margins by two percentage points (ppts) to 27%. These improvements in revenue and margins are due primarily to decent progressive billings and contributions from industrial properties. Quarter-on-quarter (q-o-q), the third-quarter (3QFY18) CNP declined 43% due primarily to weaker revenue (-18%) stemming from lower property sales in industries.

In the years ahead, Crescendo is seeking to launch 24 units of cluster factories at Taman Perindustrian Cemerlang, 102 units of mid-market landed residential properties at Bandar Cemerlang, 54 units of shop offices at Bandar Cemerlang and Taman Desa Cemerlang along with 426 units of affordable housing at Bandar Cemerlang and Tanjung Senibong in Johor with a combined gross development value greater than RM300 million. Unbilled sales stood at RM168.4 million, providing a minumum of one year’s visibility.

We make no changes to our FY18 estimate (E) to FY19E earnings estimates and keep our FY18E sales target at RM221 million. We maintain our “outperform” call after considering its decent sales performance and better mixture of industrial product sales coupled with improving profitability. However, we lower our TP to RM1.55 (from RM1.60) based on a current -1.0 standard deviation level historical revised net asset value discount of 76% (from 75%). We believe such valuation levels are fair considering its full contact with Johor. Our TP implies 9.2 times FY19E price-earnings ratio that is below its historical average of 11 times.— Kenanga Research, Dec 26

 

Read More

Build a Dream Career in Architecture

An architectural screen produced from woven wire mesh offers intriguing design solutions for commercial, industrial and residential design projects. In reality, woven wire mesh architectural screens present a wealth of interesting opportunities for architects and interior designers thinking about creating eye-catching visual displays infused with value-added functionality. This really is due, partly, to the inherent flexibility of the custom-designed screens. Obtainable in a wide choice of metals, finishes and weave patterns, each architectural screen can be carefully crafted into the exact shape, size and configuration needed for pretty much any construction project.

Thanks to their flexibility, durability and intrinsic beauty, architectural screens are available in a wide variety of business and personal settings. Sometimes, they are useful for strictly aesthetic purposes to enhance the visual look and feel of an inside space ulu tiram township. In others, they perform valuable functional roles which range from absorbing unwanted environmental noise to providing much-needed sun protection in warmer climates. Often, they are called upon to execute numerous roles simultaneously.

Listed here are 2 Popular Applications for a Wire Mesh Architectural Screen:

  1. Permanent Installations. Oftentimes, architectural screens are incorporated straight into the finished construction or design project. With this type of installation, the architectural screen is supposed to become a lasting part of the finished design. Samples of these more permanent applications include exterior building facades, fixed interior wall panels and ceiling treatments. In each case, the screen acts as an operating and permanent part of the overall design plan.
  2. For permanent exterior applications, the architectural screen must manage to withstand temperature fluctuations and other harsh environmental elements such as wind, rain and airborne pollutants. For interior treatments, the panels must be timeless enough inside their design to remain relevant from a design perspective for quite some time to come. In each case, careful consideration should be provided with to the materials and finishes selected so that the custom screen can perform as designed for extended periods of time.
  3. Portable Elements. Unlike their more permanent counterparts, portable architectural screens are more mobile and flexible in nature. Put simply, this type of architectural screen is not intended to become a fixed structural part of the finished space. Instead, they can be easily moved in one location to a different with regards to the needs of the utilising the space.
  4. Samples of this type of application include moveable sound barriers found in manufacturing settings and supplemental room dividers present in open-concept living and work spaces. Moveable sound barriers are with the capacity of eliminating unwanted noise from the surrounding environment. As a result, they are useful when it comes to creating safer and more welcoming work areas. These movable panels are specifically practical in settings where frequent equipment upgrades or other changes occur. In addition, supplemental room dividers are a great solution for open office and living spaces. Not only will they be used to define work areas and reduce excessive noise, they also offer added flexibility to adapt the area as needed over time.

Regardless of how it is used, a woven wire architectural screen is sure to lend an added part of style, sophistication and functionality to any space.

Cassie Flanigan could be the Marketing Coordinator at WRIS Web Services. W.S. Tyler is just a company that produces architectural screens in addition to a leading stainless wire mesh manufacturer.

 

Read More

Everything You Need to Know About Stretch in Knit Fabrics

With boiled wool fabric becoming increasingly popular in designer coats, jackets and vests, it is always far better refer to the care instructions on the label of one’s specific garment.

However, if you don’t have these instructions, here are a few pointers to help keep this original apparel in tip-top shape:

DON’T use extensive dry cleaning in your garment. The wool contains natural oils that protect the fiber. The harsh dry cleaning chemicals can breakdown these oils and as time passes can diminish the elegant luster of this original fabric.

Boiled wool fabric worn on the skin may be hand-washed, as needed, in lukewarm water. A special wool detergent is highly recommended. Turn the garment inside out and Move them gently through the water. Avoid any stretching, rubbing or wringing of the fabric. Gently press or squeeze the water out; then roll the garment up in a tub towel to eliminate excess water. Lay flat to dry. If you want, when almost dry, you may gently steam your boiled wool garment from the wrong side. Recommended iron temperature setting # 2. Place a wet dish towel involving the fabric and iron to prevent scorching. Make use of a tapping motion, not an ironing motion.

Don’t launder your apparel in a top-loading washer by having an agitator. This can cause excessive felting of the wool. However, a modern front loading washer that gives a special “wool cycle” will gently rock the garment back and forth. To dry after machine washing, follow exactly the same instructions listed for hand washing. Take care never to over-launder your boiled wool clothing.

Drying your coat or jacket in a dryer is not recommended. Experience of motion and heat could cause excess felting of the fabric.

Hanging your garment in a steam-filled bathroom can eliminate musty odors and wrinkles. Within only a few hours the garment will smell naturally fresh; and the contact with humidity will greatly reduce the aftereffect of wrinkles, as a result of the resilience and form recovery characteristics of the natural wool fabric.

Read More

How to Settle IRS Tax Debt By Yourself

The Financial Benefits of Being truly a Problem Solver!

The irony of it all. Look, unemployment in the state of California has ended 12%! And that doesn’t are the people who have given up trying to find work. Some estimates have it over 17%. That is caused by circumstances legislature that has been the enemy of small business for several years.

The voters continue to elect Democrats who are funded by the unions, and continue the tradition of imposing excessive regulations and exorbitant taxes, leaving the tiny business owner, trying to feed his family, no recourse but to leave the state and lay-off his employees. State tax revenues, down some 20-25%, can be directly related to businesses that have relocated to other business-friendly regions. State lawmakers could reverse this small business exodus, but they’re afraid of the repercussions, therefore it continues business-as-usual.

Given here is the hand we’ve been dealt, how should we proceed? Each individual has the responsibility to their family to supply the necessities of life Their URL. For all, the full time for a different mindset, has come. Society dictates we head to school to get an education and get a job. Many of us will need to do things a little different. But before we DO something differently, we need to THINK with techniques we haven’t thought before and BE the person we were, maybe afraid to be before.

FACT: Individuals who see themselves as problem solvers for others, have grown to be extremely successful. If you concentrate your efforts on helping others solve a pressing problem, they’re a lot more than willing to pay you for having the perfect solution is to their challenge. This is actually the underlying mindset behind all commerce. Customers buy products or services to resolve a problem they need done away with.

Find a product or even a service that interest you (very important in becoming knowledgeable and staying focused) and I guarantee you, there are people, right now, that have a problem your product solves. Get your “solution” available, so people begin seeing you as a “problem solver “.

Many of us need to see ourselves as a lot more than an employee. And we need to teach our children and grandchildren. There’s NO SECURITY in a job! Success comes from having a risk and exercising your self-reliance. For all, this is a wake up call to let them know, YOU CAN ACHIEVE much more than you believe you can. Change your belief system and develop into a problem solver! I wish you well!

Rudy Venice centers around supplying problem solving information for baby boomers and the importance of financial wellness. To learn more on income generation, and home based marketing concepts.

Read More

Auto Sales Training: Business Advantages of a Car Sales Course

Most individuals are unaware that after each goes to buy a vehicle that the salesman is using any kind of car sales techniques. Which means that they certainly were dealing with an excellent car salesman and all that the client knows is that they certainly were taking a look at cars that they are considering for purchase. When actually the sales agent is trained on the way to handle every step of the car buying process and they’re using their car salesman techniques. Each salesman is significantly diffent as it pertains with their skills and abilities, but the techniques are the same and the only real difference is who is using them. Most importantly, how effectively they’re using them.

Why Use Car Sales Techniques

Car sales techniques are designed to both mentally and physically guide the client by way of a well planned procedure that makes it easy to allow them to purchase a vehicle 500l km0 roma. The client rarely walks in to the showroom and says that they wish to purchase a new automobile. Most customers say they’re looking as a way to avoid or defend themselves from wrongfully looked at unscrupulous car salesman. The customer has their defenses on high alert once they enter the car lot or the dealership.

This really is where the essential car sales techniques come into play. The professional car salesman doesn’t stand an opportunity from the start due to the negative image that the general public has about auto sales people. The skills or techniques they practice are to put the car salesman on what you might call an amount playing field with his / her customer. They help the buyer and the sales agent communicate and get to know each other so they can help each other accomplish their goals.

The Advanced Car Sales Techniques

When you sell cars for an income sometimes you will need to simply help the car buyer decide or to put it nicely, guide them into building a decision. This really is where we enter the more advanced car salesman techniques. They are typically used once the auto buyer has objections. These objections could be about the price, payment or the amount they’re receiving due to their trade-in. Whatever the cause of their objection it’s probably a great time to utilize a car sales technique to overcome that objection.

A few of these car sales techniques include asking questions of the customer. This really is to determine if the objection is real or a method to put off the car salesman. This really is very common method for drilling down and finding out the real objection and overcoming that objection and ultimately leading to a sold car. Another method or technique is to concur with the customer and then provide them with alternatives to go forward and make the car buying decision. These couple car salesman techniques are the basis for most different ways overcome objections and sell a car.

Car sales techniques are not tricks or methods for deceiving the client; they’re methods for getting the client to look at the transaction in a different way or from a different view. But ultimately the goal of the car dealer and the salesman is to offer a vehicle and make a commission. However they still want the client to be happy with their new vehicle and the dealership so they’ll buy more cars from them in the future and recommend the dealership with their friends and family.

Karl Beckham is the writer of this short article on Car Sales Techniques, he teaches other auto sales agents to make use of sales techniques to offer more cars.
Find extra information about auto sales techniques and different ways to become great car salesman look at the Car Sales Professional here.

Read More