做个记录。
了解到油棕对我国经济的重要性,也知道它的潜能。
但对种植股还是敬而远之,因为心中对气候和传染病的戒心还是很深。
或者这么说,如果一个公司是靠天气吃饭,而且有可能被传染病影响的我都不大敢买。
可能是我杞人忧天,也可能是我明白传染病蔓延的迅速和可怕。
但棕油代替石油/制造食油实在是个不可忽视的商机和潜能,所以还是时不时留意它的发展。
月头看到这个新闻,心中还在犹豫。。。 思前想后。。。亏损公司咧。。。。
MBB,Timecom,Stareit对不起了,谁叫你们不跌反起。长期投资自我设下的目标还是要遵守的,所以投资户口的钱没动到。
最后。。。 从非投资的户口挪用了一些钱(玩乐用的)RM0。26买了一点点。。。。。
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传设10万吨棕油食用油厂 格林欧深获2400万政府资金 http://www.nanyang.com.my/node/419657?tid=462(吉隆坡7日讯)知情人士披露,首相署旗下表现管理和履行单位(PEMANDU)将发放2400万令吉予格林欧深(GOcean,0074,创业板),
以设立1间可生产10万吨棕油提炼食用油厂房。
不愿具名知情人士告诉《南洋商报》:“基本上,格林欧深获得政府的支持,是经济转型执行方案(ETP)的部分计划。”
但是,为何格林欧深能够找到政府这座靠山呢?
原因很简单,因为格林欧深掌握了名为“NOVelin”的技术,能将棕油提炼成食用油,就算是摄氏零度也可以维持纯度。
目前,若气温低于摄氏24度,棕油提炼成的食用油将分解,换言之,
这类食用油只能在欧洲以及其它四季明显国家,如中国与韩国等使用大约8个月。
知情人士说:“随着格林欧深的产品能让韩国全天候使用,意味提炼方程式已彻底改变,这也是为何政府愿意当格林欧深后盾的关键因素。”享20年专用权
“政府认为,格林欧深有潜力将大马的食用油出口量提升50%。”
他还披露,上述将棕油提炼成食用油的技术与专利权属于大马棕油局,格林欧深则拥有20年特许使用权。 目前,格林欧深销售1万1000吨棕油提炼食用油至韩国。
营业额剧增73%
另一方面,截至去年9月30日第二季,格林欧深营业额剧增72.77%至4442万5000令吉,上财年同期为2571万3000令吉,归功棕榈仁价格走高。
现财年首半年营业额累积至9245万9000令吉,较上财年同期的5115万7000令吉劲飙80.74%。
不过,生物科技业务总赚幅萎缩,导致公司现财年第二季净亏损从上财年同期的3万3000令吉,扩大至27万1000令吉。
截至去年9月杪首半年内,公司净亏64万7000令吉,比上财年同期的107万3000令吉取得显著进展。
截至去年9月杪第二季,格林欧深每股净亏损为0.16仙。
独家报道
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Wednesday February 8, 2012
New venture for Green OceanPETALING JAYA: Green Ocean Corp Bhd expects to start commercial production
of its NoveLin cooking oil in April, said president and managing director McKin Lee Byoung Jin.
The company has been working on the palm oil-based product that could withstand cold weather since 2009.
Lee, a South Korean national who bought into Green Ocean three years ago,
also said that the company was finalising a deal with two conglomerates for the exclusive supply of NoveLin.
“Production will be ramped up to 100,000 tonnes by the end of next year,” he told StarBiz.
Under Lee's stewardship, Green Ocean had secured the exclusive licence
to produce NoveLin edible oil from Malaysian Palm Oil Board (MPOB) in 2009.
Lee is a veteran in the Malaysian palm industry, having been in the sector over the last decade.
In 2006, using MPOB's technology to produce biodiesel,
Lee was instrumental in commercialising the production of biodiesel in South Korea.
NoveLin edible oil is a registered trademark technology developed by MPOB.
Invented by Dr Siew Wai Lin of MPOB, NoveLin could change the landscape of the crude palm oil market
by making it possible to export cooking oil to Europe.
Presently, palm-based cooking oil in its natural form cannot be exported to cold countries
as it crystalises in temperatures below 15 degrees. With the NoveLin technology,
palm-based cooking oil will remain in liquid form even in sub-zero temperatures.
Green Ocean subsidiary Ace Edible Oil Industries Sdn Bhd entered into the technology
transfer and licensing agreement with MPOB for the production of NoveLin edible oil in 2008.
Back then, it was still in the research and experimental phase.
“MPOB has exclusively given the NoveLin licence to Green Ocean for the commercialisation of the oil for 20 years,
since 2009. Green Ocean will pay 1% royalties to MPOB for the sale of NoveLin oil throughout this period.
“We will start the commercialisation of NoveLin in April this year.
Thus, this will be our new core business apart from our present activity of kernel crushing,” Lee said.
Green Ocean plans to start the construction of its second factory in September for the production of the 100,000 tonnes NoveLin oil.
The facility will be completed in eight months and the first 10,000 tonnes will be exported to South Korea.
“The appreciation of palm oil is very much discounted globally simply because it is not stable in cold countries.
Right now, Malaysia does export palm-based cooking oil but in extremely diluted form.
It is mixed with other softer oils to ensure it remains in liquid form,” Lee said.
He added that Green Ocean had been researching and developing
NoveLin over the last two years before finally getting the processes right.
“The tie-up with the conglomerates will be for an exclusive supply of NoveLin oil.
There is a guaranteed quantity to be supplied and an indirect profit guarantee to ensure that Green Ocean does not bear risk,” he said.
Green Ocean was previously an information and communication technology (ICT) company known as Online One Sdn Bhd.
Its business changed when Lee bought over and renamed it Green Ocean. He changed the business model to palm kernel crushing.
Nonetheless, Green Ocean had to write down the previous management's legacy bad debts,
and recognise the depreciation charges from the previous business model.
After three years of kitchen sinking, the balance sheet has now been cleaned up as the company enters a new phase of growth.
Lee said kernel crushing was a low-margin business and he planned the change the company's direction
by value adding the kernels to also produce cocoa butter substitute.
He said as there were no more writedowns now, he was confident that Green Ocean would turn around this year.
For the second quarter to Sept 30, 2011, Green Ocean revenue was up 72.77% to
RM44.43mil but it continued to be in the red with a net loss of RM271,000 from a loss of RM33,000 previously.
For its full year to March 31, 2011, it recorded revenue of RM152.6mil and net loss of RM2.9mil.
The company has cash of close to RM1mil and long and short-term borrowings of RM6.76mil.
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KUALA LUMPUR:
Green Ocean Corp Bhd is poised to post a record profit of between
RM15 million and RM20 million in the financial year ending 31 March 2013.The loss-making company is expected to register its first profit in four years for the financial year ending 31 March 2012.
“We should make a profit in the range of RM2.5 million,”
said its group managing director Lee Byoung Jin in an interview with Business Times.
Lee, a South Korean national, and parties aligned to him control about 28 per cent of the company.
Lee is banking on the company’s exclusive technology to push the company back to the road of profitability.
The technology was developed by the Malaysian Palm Oil Board (MPOB),
and Green Ocean pays the board a royalty for 20 years of exclusive use of the technology.
The technology, known as Novelin, allows Green Ocean to produce cooking oil which has cold stability at zero celcius,
which means it can be used during the cold winter period.
Palm-based products tend to solidify at about 24.1 degree Celcius,
which means palm oil-based cooking oil can’t be used during winter.
The Novelin technology, which has been trademarked by the MPOB,
is a game changer in the global cooking equation as it removes palm oil’s Achilles’ heel in cold weather.
If proven to be commercially successful on a large scale, it is also a significant cash cow for Green Ocean,
which has already commercially tested its products in the South Korean market.
Green Ocean has never posted a double-digit profit, and Lee,
who took the company over some three years ago, has been busy cleaning up the company’s balance sheet.
Today, the company has about RM9.70 million debts and about RM34.78 million assets, and Lee is excited about the future.
“We are expecting to get a grant of about RM24 million from the government’s
Performance Management and Delivery Unit (Pemandu) sometime in March to build a new factory.
The new factory will help us increase our production capacity by as much as 10 times.
"Our current production facility has a capacity to produce 11,000 tonnes of cooking oil,
but with the new plant, our capacity will increase to 100,000 tonnes," Lee said.
Green Ocean currently has a pilot plant near Port Klang, and the new plant,
which will take about nine months to complete, will be located in the same area.
He added that Pemandu is involved because the project undertaken by Green Ocean is part of the
government's Economic Transformation Programme.
Lee proudly pointed out that his company is 100 per cent export-based, namely to South Korea and China,
and that Green Ocean is the only company in Malaysia with the exclusive Novelin technology.
"We are the first and only company doing this right now," said Lee.
Read more: Green Ocean banks on new technology for profit
http://www.btimes.com.my/Current_News/BTIMES/articles/20120208011015/Article/index_html#ixzz1n0AQvjs4-------------------------------------------------------------------------------------------------------------------------
Tuesday February 21, 2012
Bursa issues query over high share price and trading volume of Green Ocean
PETALING JAYA: Bursa Malaysia has stopped the trading in Green Ocean Corp Bhd's shares
less than half an hour before the market closed due to unusual market activity earlier in the day.
Bursa has questioned the ACE Market-listed company over the conspicuous increase in its share price and high trading volume.
Its share price soared 13.3% from 22.5 sen to 25.5 sen within the first half of yesterday's trading.
It halted trading at 4.34pm yesterday 11.1% higher than a day ago at 25 sen.
It was the most actively traded stock with 58.8mil shares changing hands.
Green Ocean's share price has been moving up since the end of last month, from 8.5 sen on Jan 31.
In a reply to Bursa Malaysia, Green Ocean said its subsidiary Ace Edible Oil Industries Sdn Bhd
was in the advance stage of negotiation to supply the entire premium cooking oil production to a conglomerate.
“We are still in negotiations stage on the intended supply agreement.
The company will make the appropriate announcement when the agreement is finalised in compliance
with Rule 9.03 of Bursa Securities ACE Market Listing Requirements,” it said.
Apart from Ace Edible Oil Industries' ongoing negotiation, Green Ocean said after making
due enquire with its directors and major shareholders, it was not aware any development that could contributed to the UMA.
Earlier this month, the group managing director McKin Lee Byoung Jin said that the
company would begin commercialisation of its non-solidifying cooking oil NoveLin in April.
NoveLin is a palm-based cooking oil created using the technology by the Malaysian Palm Oil Board (MPOB).
Its stabilising properties allow the oil to be used in winter, making it possible to export the product to Europe.
It was recently reported that Green Ocean was finalising a deal with two conglomerates for the exclusive supply of NoveLin.
If the deal goes through by the fourth quarter of their 2012 financial year,
the company targets to achieve RM15mil to RM20mil in profit in the next two years, in line with its expansion.
In addition, it is applying to receive a grant of RM24mil from the Government's Performance Management
and Delivery Unit in March to build a new factory.
Last month, Green Ocean proposed to undertake a private placement of up to
10% of the issued and paid-up capital of the company to investors yet to be identified.
It told Bursa Malaysia then that as of Dec 30, 2010, the issued and paid-up share capital
of the company was RM16.95mil, comprising 169.5 million ordinary shares of 10 sen each.
Green Ocean was initially an information and communication technology company known by the name of Online One Sdn Bhd.
When Lee bought over the company, he changed the business model to palm kernel crushing and has since renamed it.
Separately, Cybertowers Bhd denied that there were significant corporate developments in
the company following an unusual market activity (UMA) query by Bursa Securities.
Cybertowers' board replied that they were not aware of any rumour or report concerning the
business and affairs of the company as well as corporate developments that might account for
the sharp increase in price and high volume of trading in the company's shares.