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  11 people like this.
 
EatCoconutCanWin Aizai..I am here liao
28/09/2019 7:49 AM
gladiator Under value for some time already...hope tguan pay more dividend.
28/09/2019 11:23 AM
GLNT Kenanga just upgraded Tguan to RM3.00 target price. Such laggard....
04/10/2019 9:54 AM
Ricky Yeo Some observation: If you pay attention to the flexible film packaging (FFP) industry, you will realised the industry is undergoing a lot of consolidation. Amcor, one of largest plastic manufacturer based in Australia (rigid and flexible) acquire Bemis, a big player in US almost a year ago. At local front, Scientex has acquired 5-6 local companies over the past 7 years, the latest one being Daibochi.

Generally, when an industry is undergoing consolidation, it is mostly because it has become too cost inefficient, cost overrun for smaller size plastic companies. And of course the ROE is become really poor. And this is apparent looking at the profit margin of plastic players in Malaysia as well as other countries.

As players started to consolidate and hit scale economies, this is going to present problems for small players like Tguan. Tguan's profit margin could be under alot of pressure because bigger players can use their lower cost structure to squeeze smaller players.

And also keep in mind film packaging is 'commoditised'. Yes, one does need to meet certain food regulations but basically no one is going to say hey I prefer Tguan's film over Scientex's film. This is also one of the reason why Scientex is moving up the value chain, from manufacturing industrial stretch film to transition over to other films like food packaging, bread packaging, and metallic BBOP packaging used for candies because those carries a better margin.

Although Tguan is spending alot on expansion, but on an absolute scale, they're gradually becoming a smaller and smaller player as the market consolidate so that is going to be something you need to think about.
04/10/2019 10:40 AM
Fabien "The Efficient Capital Allocater" Tguan is the survival of the fittest. as the industry consolidates, only the best, efficient and well-managed, will survive. due to its small size, tguan unable to expand as in Scientex through acquisitions , but there's potential for the company to achieve that scale.
04/10/2019 11:50 AM
EatCoconutCanWin Buy in tp4.88
04/10/2019 11:50 AM
Ricky Yeo I'm not quite sure why they can't do what Scientex has done. Scientex only has a market cap of $700 mil in 2012, and their packaging business is probably smaller than what Tguan is today. So it has more to do with intention and strategy, less to do with inability. And scale is relative.
04/10/2019 12:22 PM
Ricky Yeo And let's do a thought experiment, to forecast when will Tguan reach market cap of 1 billion. Current market cap is $450 mil, or 45% to $1 bil.

Historically, TG payout ratio is around 20-30% of total earnings, or reinvestment rate of 70-80%. And historically, return on capital has been around 9-12%, so one would expect the revenue growth rate to be 8-9%. Historical growth rate is much slower (5% +/- p.a), but net income has been a lot faster.

So if future ROC remains more or less the same, then you would expect TG to hit $1 bil market cap at around year 2028.

There was a news in 2016 (https://klse.i3investor.com/blogs/ss2020_TGuan/99307.jsp) where TG targets $1 billion market cap in 3-5 years time, or hitting that target between 2019-2021, which is unrealistic and nonsense.

And if one read the news carefully, the management explains "the market gives us a very low valuation". So he is pinning on the prospect that the market can ascribe a higher valuation aka higher P/E, then of course you can easily hit $1 bil, if suddenly the market gives you P/E of 15-20x instead of the current P/E 8x. That is why "Ang believes that a PER of 15 times for Thong Guan “is not asking too much”

Then the question comes back to why the hell is the market only giving TG 8x instead of 15x?

It goes back to the ROC of TG. Why would the market give a 15 PE when the ROC is around 9-11%? Given the logic that if Scientex's ROC is 14-15% with a PE with 13, why should market give the same PE to TG when their ROC is way lower?

So again, if TG wants to get to $1 bil before 2028 as I would estimate, lift their game, don't blame the market. Lift their ROC to increase growth rate, and market will start giving higher PE. Simple as that.
04/10/2019 12:59 PM
Fabien "The Efficient Capital Allocater" yes agreed the management has been overly optimistic in the past. they should have learned from their past mistakes. the restaurant business has been a drag. i never understood the rationale for this venture.

whether market gives PE of 8x, 10x or 15x is beyond their control. they just need to focus in increasing their ROE and let the market do its work.
04/10/2019 1:16 PM
Ricky Yeo Of course I can always be wrong, but I'm interest to find out why the fair value should be $4-5 (or market cap of 630-800 mil), or PE of 11-14x, and not what it is right now?

And for the 10 years record, TG's PE ratio has only exceeded 10x once, in 2014, to 13x, because their business took a dive. Otherwise, their PE has never gone into 11-14x territory, which again simply because their ROC has remain at the same level. Of course the market can suddenly get excited on TG and push their PE into 11x or more, but is that the game you want to play? Against the odds of 10 years track record?

If you're not going to 'gamble' on the odds that the market will suddenly get excited, being the probability is relatively small for that to happen, even smaller if you're a trader with short investment horizon, then the next thing you have to look at is TG's ROC. So what's the probability for TG to improve their ROC so market can give a higher PE? Higher growth? Growth is only good if it exceed opportunity cost.

Something to think about.
04/10/2019 1:29 PM
Fabien "The Efficient Capital Allocater" if i can recall correctly, when they used to do margin of 6-8% their PE hovers around 9-10x

anyway, what is important is forward looking, management is continuously investing in R&D to improve its profit margin.

last 2 years, despite top line growth, bottom line was affected due to margin compression.
04/10/2019 1:38 PM
cheoky Ah guan tolong makan tongkat Ali and Naik kuat kuat
04/10/2019 5:05 PM
yfchong Tak tau lah. Ada orang goreng ke.?
05/10/2019 11:28 AM
yfchong Resin price or demand growth in the picture..
05/10/2019 7:25 PM
Value Investor Coo1eo See you at 7
06/10/2019 8:03 AM
popo92 Its so wrong to calculate fair value by merely using educational ROC or PE here. Scientex is well known of earning decent profit on its property business, even tough revenue of property sector only contribute around 20-30%, its can contribute 50-70% bottomline. Looking at how thin its profit margin on plastics manufacturing (below 10%), i argue Scientex expansion into higher value chain is bearing any fruits, for now. I am not criticising Scientex for over consolidate the FFP industry or diversify into property developer, nor blaming tguan for focusing their immutable business. In fact, tguan try few little steps which fail (organic noodles, opening healthy meal restaurants and etc) but their target to hit one billion market cap between 2019-2021 is not completely unrealistic and nonsense, in my opinion. They calculate in with their overall output of 220,000tonnes (basically in line with expectations) with overall market price predicted which can convert into 1.5billion revenue. But they fail to predict the compressed margin and market price for these products, which market cycle may reverse either way i do not know. But with recent polyethylene and polypropylene price depressing and local region flooded with new supply, plastics packaging industry should benefit theoretically. They are in position getting relief on compressed margins, while still expanding on capacity to snatch market on export earning stronger usd. Earning follow by?
06/10/2019 9:55 AM
Ricky Yeo I'm not quite sure what you're trying to say here. What does $1.5 bil revenue estimate has anything to do with $1 bil market cap?

Again margin compression or not is not even the issue here. It is like saying gloves companies are affected by rubber price. Of course they're. The point is Tguan is going to find it hard to earn an abnormal return because they have little to no competitive advantage, which is why their ROC sits at around 10%. And I don't see that changing for the mid-long term, which means it will take another 10 years for them to hit $1 bil market cap.
06/10/2019 12:43 PM
Rodrod So is a buy or not to buy?
06/10/2019 2:39 PM
popo92 Ricky Yeo, they estimated with 7% margin bottomline with $1.5bil revenue. They might be too optimistic but somehow before Q4 17, it managed to maintain quite a long time. I am not telling you i agree with the 1 billion market cap target, just sharing with you how management derive their target price based on their target output on capacity hence others follow by. Also, i don't feel its appropriate to compare what our gloves business with our local plastics packaging business as case study. They have different story on market cycle and also competitive advantages, period. I wouldn't bet on how long it takes them to get $1bil market cap but i cautiously believe ROC for tguan would be higher than 10% in short-mid term.
06/10/2019 5:12 PM
Ricky Yeo I get what you mean with $1.5 bil revenue. But revenue has little relationship with market cap. You can have a $500 mil rev. company with $1 bil market cap as well as a $2 bil rev. company with $500 mil market cap.
06/10/2019 6:52 PM
GLNT Everyone, please sell Tguan, Scientex is the best. Go to a Scientex forum. Thank you very much.
06/10/2019 7:16 PM
popo92 Ricky Yeo, > 220,000tonnes with $1600 * (4.20) = approximately 1.5bil revenue, with 7% margin = approximately 100million, with p/e at 10. Every above prediction is not what i made out from nowhere, it's from tguan ceo alvin. Go and scroll back old news....
06/10/2019 9:01 PM
gladiator Stop fighting just watch the price move up.
06/10/2019 10:47 PM
Thkent91 uptrend already. quarrel for what? It's TA trigger into OTB and KYY alert list liao. buy signal for them already there. now wait goreng until mother cannot recognize only
06/10/2019 10:52 PM
Ricky Yeo That's my point, does every company that earns $100 mil deserve $1 bil market cap? No.
07/10/2019 8:22 AM
PotentialGhost Who care your point Ricky? Who are you ? Hmmmmmm...
07/10/2019 8:31 AM
Ricky Yeo Of course no one cares, so you shouldn't reply to me. Unless you've something great to say.
07/10/2019 8:35 AM
popo92 Good Ricky Yeo perhaps you are right, Let's us observe how Tguan is doing.
07/10/2019 9:18 AM
chl1989 i am buying for mid term. coz polymer prices will go lower and lower. especially after Rapid plants start up.
08/10/2019 11:15 AM
chl1989 easily go back to rm3.5
08/10/2019 11:15 AM
yfchong Uncle Koon holds tguan?
09/10/2019 12:57 PM
chankp7010 KYY is buying Tguan. See his report "Recommending stocks to me" by KYY dated today.
09/10/2019 4:35 PM
Kai Shien Ks lol KYY can change so easily in 1 month time
09/10/2019 6:57 PM
sell Warrant convert at 1.5 can make big gain sell tomorrow?
09/10/2019 8:41 PM
sell 09-Oct-2019 Additional Listing Exercise of Warrants - 1,638,523 shares at 1.500.
09/10/2019 8:42 PM
sell Downtrend back also want to cheat?

Posted by Thkent91 > Oct 6, 2019 10:52 PM | Report Abuse
uptrend already. quarrel for what? It's TA trigger into OTB and KYY alert list liao. buy signal for them already there. now wait goreng until mother cannot recognize only
09/10/2019 8:43 PM
yfchong When goreng leh.....
10/10/2019 11:44 AM
chl1989 i can assure u that coming quarter will be superb
10/10/2019 7:27 PM
Ncm88 Con lan firm next QR will be excellent .
10/10/2019 7:51 PM
chl1989 polymer prices continue to drop. buy more
11/10/2019 12:35 AM
yfchong Dun know lah... Just wait n see..
11/10/2019 9:31 AM
yfchong Coming quarter
11/10/2019 9:45 AM
ivanlau forward eps will be 36, fair value price of tguan will be RM 3.25 - 3.50
11/10/2019 7:57 PM
yfchong If plus some goreng that will be the fair price..
11/10/2019 8:14 PM
Davidl Back to 4.00 by end of 2020
13/10/2019 3:18 PM
yfchong Ah guan ah guan..... how r u...
13/10/2019 7:33 PM
ruby20 $TGUAN - Slowly & Steadily reaching RM 1 billion annual revenue with improvement in profit margin. 10 Reasons why he values this company at RM 3.70 (30% upside). A good 5 mins read!

"For the past 3 years, TGUAN had been valued by the market rather sheepishly eventhough the company trumps in size as compared to its smaller counterparts... The company realised and have taken steps to improve both revenue, profit and profit margin by means of venturing its sales and expansion force into a more premium product (stretch film)."

https://www.facebook.com/1997932356957345/posts/2465127043571205?sfns=mo
18/10/2019 5:13 PM
ruby20 TP 3.70
18/10/2019 5:13 PM
Victory99 Dumb dumb hold... Huge potential..... Very very sure....
19/10/2019 8:23 AM
yfchong Ah guan ah guan. Show your fangs..
20/10/2019 9:25 AM

  16 people like this.
 
Johnchew -A+A
CYBERJAYA (Sept 5): The Malaysian Communications and Multimedia Commission (MCMC) said the RM21.6 billion estimated budget for the National Fiberisation and Connectivity Plan (NFCP) will be half funded by the Universal Service Provision (USP) fund, while the other half will be funded by the capital expenditure (capex) of telecommunications companies (telcos) in Malaysia.

At a media briefing today, MCMC chairman Al-Ishsal Ishak further clarified about the budget of the NFCP — to be launched on Sept 19 — and pointed out that licensees pay 6% of their topline to the USP fund, while telcos have already planned their capex.

"This issue has been politicised and society is so engrossed in finding mistakes. Looking at our plans under the NFCP and based on certain assumptions on the number of towers and kilometres of fibre optics to be developed, we came up with the RM21.6 billion figure after discussions with the telcos," he said.

Al-Ishsal said the RM21.6 billion is a "ballpark figure" and that the commission will refine the figure in its upcoming quarterly reports on the NFCP, starting next year.

He further explained that the USP fund is a trust fund managed by the commission, which will be financing about half of the estimated investment requirement to execute the initiatives under NFCP.

As at 2017, the USP fund has about RM8 billion to RM9 billion, with about RM4 billion to RM5 billion committed for the NFCP.

The updated numbers will be announced in the 2018 report, which Al-Ishsal said will be published soon.

The fund is necessary, he said, in order to ensure coverage for underserved areas.

"The fund will be covering the operating expenditure for the towers, until they become commercially viable. If the fund is not in place, some areas will probably never see improvement in coverage, as telcos will not set up towers there," he said.

Besides setting up new towers, the commission also looks at optimising resources, such as in locations where there are multiple towers serving a relatively small area.

"In Tawau, for example, there is a large amount of towers serving a small population, as each telco has its own tower. This is not only an eyesore but is also wasting foreign exchange, as these towers require steel to be imported for construction, which results in unnecessary costs.

"We are encouraging telcos to share their infrastructure to make sure that things run more efficiently and costs are optimised," Al-Ishsal said.
11/10/2019 1:18 PM
11/10/2019 1:25 PM
Johnchew "The fund will be covering the operating expenditure for the towers, until they become commercially viable. If the fund is not in place, some areas will probably never see improvement in coverage, as telcos will not set up towers there," he said.

Fund use to built TOWERS ...OCK is more expertise n experience ...NOT NETX....
11/10/2019 1:27 PM
sosfinance That's very encouraging for green energy company to invest into this sector. Improve margin. Hopefully OCK will get some green energy projects. PP timing is just right. Assuming equity portion is RM50m (30%), the balance can get loan of up to RM167m (70%) so will have a sizeable green energy project.
11/10/2019 8:27 PM
Johnchew Calvin use faked acc bargadcapital ke..

1) Tun mahathir son mukhriz mahathir any link to Netx?
2) Netx finance report only mention 3 core bussiness..no digital infrar installation segment .
3) GEM app as mentioned download but cannot get register...
4) Vasu time said partner with 2go Trading but google search address location not operating any more...now in june partner with 2go Tech..google search no info on 2go Tech..
5) seems like all fund raising money is burned or gone to left pocket right pocket..
6) 2019 revenue rm 10 mil ..loss rm18.3 mil..
Need fund raising again....haha
7) CFO is resigned on 2015..external auditor resigned on aug'19 ..netx changed financial year end fr june2019 to nov2020..just a financial accounting jimmik as Lonbisc..
8) NETX since 2015 to 2019..total loss rm 50 mil..only 2017 gain rm1.1 mil.. no wander always do fund raising ..right issue ..PP many times..SIS. ..
9) netx 3 core business: 1) electronic payment.2)non electronic payment.3) GEM segment....no digital infrar installation as you said..?? Maybe Metronic which is eased from Netx group on 2015??
12/10/2019 1:03 PM
calvintaneng Posted by Johnchew > Oct 12, 2019 1:03 PM | Report Abuse

Calvin use faked acc bargadcapital ke..

I see our friend bargadcapital posted my writeup here and caused some unhappiness?

My apology

Let's not quarrel as all will benefit from NFCP as the Pie is SO HUGE

As for Netx's being Infrar Specialist just go to Bursa website and click on Annual Report

Market has misread Netx actual finacial status by not read Netx ANNUAL REPORT VERY VERY VERY CAREFULLY

I SUGGEST EVERYONE SHOULD GO SEE NETX ANNUAL REPORT AND SPEND ONE DAY READING UP ON NETX ANNUAL REPORT

Under Netx subsidary (Ariantec I think) is HIDDEN AWAY A CASH HOARD OF RM72 MILLIONS

Go and do a thorough study

Regards

Calvin


Note:

For Ock there are Tower installation jobs. Since Ock has more than Rm400 Millions debt it will take some time to clear first.

For NETX there is PURE 3 SEN CASH. Buying Netx at 2 sen gives one 3 Sen Cash Plus all the Assets & investments of Netx are free
12/10/2019 1:15 PM
Johnchew Ho ho refer OCK 2nd QR:

Debt is RM500 mil..gearing is 0.62 still healty..OCK 4.5 years.2015 to half 2019..make profit..total RM 112 mil..each year make profit..but Netx 5 year loss RM 50 mil ..4 years loss ..one year only profit rm 1.1 mil...all the fund raising gone to left pocket..right pocket..
Fund raising for partner with 2go trade .change to 2go Tech...loss heavily...GEM app...worst...
11/10/2019 2:32 PM
X
Netx got 3 SEN CASH NTA While OCK got RM0.52 NTA..
12/10/2019 3:09 PM
Johnchew FoolsGold Tai Kor Calvin, which page of the AR is that ?

only saw in pg 88, item 37.1 Loans and Receivables ,

amt owing by subsidaries rm72,776,219 (2018) & rm26,215,528 (2017)

NOT CASH HOARD, subsidiary IOU Company rm72m lah !!

dont know when can get back the IOU, money already gone by high burn rate of startup ?

2017 only owe rm26M , one yr later owe extra 46M,
what is this sub. doing ? burn up so mauch cash ???

'Under Netx subsidary (Ariantec I think) is HIDDEN AWAY A CASH HOARD OF RM72 MILLIONS '
- Calvin
12/10/2019 3:55 PM
Johnchew ew 1) Tun mahathir son mukhriz mahathir any link to Netx?Calvin no reply just fake info..Tun son had resigned from opcom also..
2) Netx finance report only mention 3 core bussiness..no digital infrar installation segment .
3) GEM app as mentioned download but cannot get register...
4) Vasu time said partner with 2go Trading but google search address location not operating any more...now in june partner with 2go Tech..google search no info on 2go Tech..
5) seems like all fund raising money is burned or gone to left pocket right pocket..
6) 2019 revenue rm 10 mil ..loss rm18.3 mil..
Need fund raising again....haha
7) CFO is resigned on 2015..external auditor resigned on aug'19 ..netx changed financial year end fr june2019 to nov2020..just a financial accounting jimmik as Lonbisc..
8) NETX since 2015 to 2019..total loss rm 50 mil..only 2017 gain rm1.1 mil.. no wander always do fund raising ..right issue ..PP many times..SIS. ..
9) netx 3 core business: 1) electronic payment.2)non electronic payment.3) GEM segment....no digital infrar installation as you said..?? Maybe Metronic which is eased from Netx group on 2015??
10) Calvin said hidden cash rm72mil from associate company..is IOU money by associate company ..sure burned to magmt pocket.
11) OCK Debt is RM500 mil..gearing is 0.62 still healty..OCK 4.5 years.2015 to half 2019..make profit..total RM 112 mil..each year make profit..but Netx 5 year loss RM 50 mil ..4 years loss ..one year only profit rm 1.1 mil...all the fund raising gone to left pocket..right pocket..
Fund raising for partner with 2go trade .change to 2go Tech...loss heavily...GEM app...worst...

Netx got 3 SEN CASH NTA While OCK got RM0.52 NTA..

12)w Under 2 of core business..
Refer financial report ;

This segment’s revenue of RM0.35 million in current year to-date, lower as compared to preceding
year to-date of RM4.59 million as the current year to-date’s revenue were the remaining balance of
progress billings from the contract secured in year 2017. The gross loss in the corresponding quarter
in previous year and previous year to-date was mainly due to higher actual cost than initial projected
cost on the contract secured in 2017.

2018 n 2019 no contract order...2019 revenue RM 0.35 MILLION of progress billing from the contract secured in year 2017...???
You mean 2018 n 2019 no DIGITAL INFRAR INTALLATION IN MALAYSIA???OPCOM stop FiBER OPTIC CABLE PRODUCTION in june2017 till june 2019...???Haha..

X
That mean NETX lose to their competitors for 2 years or the management just makan angin....kira kiri pocket kanan pocket money...
12/10/2019 9:07 PM
sosfinance @Johnchew - clarifications on OCK's debt

Clarifications on Debt (4 Oct 2019)

1. Debt is alright as long as it is secured with tenancy income and has long term contract.

2. Total LTL = RM300m, STL = RM190m, and Cash = RM80m @ 30 June 2019

3. LTL of RM300m is mainly ring fenced, with 5-15 years secured contracts with Telenor and major telcos in Vietnam. LTL are mainly pegged against towers in Myanmar and Vietnam (a bit of Malaysia), hence, banks has stringent loan service ratio with secured contracts. Tower assets EBITDA is RM60-70m p.a. and increasing, and why OCK worry?

4. STL of RM190m, less cash on hand of RM80m is NET is about RM110m. About 70-80% of these STL comprises of Bankers Acceptance, Revolving Credits and Project revolving credits, this means, it is secured by bank on invoices billed to customers (mainly Telcos)

5. Besides, OCK has Trade debtors of RM280m and Trade Creditors of RM120m. Net trade debts is about RM160m, to be collected. Even if you assume 90% collectible, OCK has about RM140m.

6. Towerco alone, has about RM120m turnover. Ebitda is about RM60m to RM70m, sufficient to service the banks interest and principals, and growing tenancy also provide higher revenue.

7. Btw, Towerco biz, the debt over SF is low (less than one time) against other towerco that can leverage up to 3 times.

8. High loan is bad, if you cannot pay off, totally agree. But used on good assets (repayable by sustainable long term leases, why not, once OCK hit the economical of scale for the towers + tenancy, profit and cash flow will grow. I.e. profit grows faster than revenue, and cash flow is far better than profits because of huge depreciation. i.e. depreciation is higher than maintenance cost.)

(Hopefully this help to clarify any misconceptions). If you want to worry about high debt, worry about USA twin deficit and China's debt as well.
13/10/2019 7:10 AM
beachboy Aiyo...dont argue.. Hope tomorrow ock boost after budget released.. Next year ock will more bright
13/10/2019 11:37 AM
bargadcapital Posted by sammj101286 > Oct 13, 2019 11:38 AM | Report Abuse

Calvintan
This is the right time for you to defend yourself before the market opens tomorrow..
If Netx is doing good... We will be convinced.
If you are sure about Netx.. This is the time to blast your opponents

Appear.. Appear in front of we all who have been following.


CALVIN REPLIES:

CALVIN IS NOW VERY VERY HAPPY FOR ALL WHO LISTENED EARLY AND BOUGHT NETX AT 1 SEN & 1.5 SEN

CALVIN GOING TO PARK MORE BUYS AT 1.5 SEN & IF 2 SEN BEING TAKEN IN LARGE NUMBER THEN CALVIN WILL NOT HESITATE TO BUY MORE AT 2 SEN

THERE ARE 3 STAGES FOR NETX TO REACH 8 SEN

STAGE ONE (ALREADY DONE ON BUDGET DAY)

ANNOUNCEMENT OF NFCP RM21.6 BILLIONS
THIS IS NOW A REALITY!! FINANCE MINISTER LIM GUAN ENG ALREADY ANNOUNCED IT OFFICIALLY ON BUDGET DAY


STAGE TWO

OFFICIAL NEWS OF JOB AWARD FROM TELEKOM, TELCOS OR ANY OTHER ENTITIES FOR NETX DIGITAL INFRAR INSTALLATION EXPERTISE

THIS IS ALREADY A GIVEN FOR 2 POWERFUL REASONS

1) NETX BEING THE NUMBER ONE INFRAR EXPERT FOR INSTALLATION OF DIGITAL INFRASTRUCTURE NETWORK (THEY ALEADY GOT LONG EXPERIENCE DOING CONTRACT FOR TELEKOM SINCE 2011)

2) ASIABIO ALREADY BEEN BUYING AND BUYING NETX SHARES BY 103 MILLLIONS (ABOUT 5%) ON AUGUST 23RD (5 DAYS BEFORE OFFICIAL MENTION BY MCMC MINISTER GOBIND OF RM21.6 BILLIONS FIBERISATION PROJECT)

SINCE THIS IS A PRIVATE-PUBLIC JV NETX DIRECTORS WOULD HAVE GOT THIS NEWS FROM GOVT DIRECTLY OR THROUGH TELEKOM MALAYSIA

THEY HAVE TO BE CONSULTED JUST LIKE ANY PRIVATE/PUBLIC COMPANIES INVOLVE IN THE DIGITAL BUSINESS (AT THE FOREFRONT ARE OPCOM, NETX, REDTONE, OCK & GPACKET)

SINCE THE INSIDERS/DIRECTORS GOT WIND OF THE NEWS FIRST THEY WERE THE FIRST MOVER BUYING 103 MILLION NETX SHARES FROM THE OPEN MARKET AT 1.5 SEN TO 2 SEN

PEOPLE OF GPACKET ALSO PRIVY TO THE NFCP NEWS. AND IT SPREAD TO SPOREAN FUND WHICH TOOK A SUBSTANTIAL POSITION IN GPACKET AS WELL

THIS CANNOT ESCAPE THE EAGLE EYE OF CALVIN TAN RESEARCH AS IT IS NOT DONE IN A CORNER

SUCH A HUGE MAMMOTH PROJECT OF A MONSTROUS RM21.6 BILLIONS FOR SO FEW DIGITAL LISTED FIRM = ALL WILL BE DOING ROARING BUSINESS GOING FORWARD

JUST USE YOUR BRAIN AND THINK VERY VERY VERY VERY VERY VERY VERY VERY VERY CAREFULLY!!!

WHO WILL GET THESE RM21.6 BILLIONS JOB AWARDS?

1) CERTAINLY NOT ALL THE REAL ESTATE COMPANIES

2) NOT FURNITURE MAUNFACTURERS

3) NONE OF THE PLANTATION COMPANIES

4) NO GLC COMPANIES OWNED BY GOVERNMENTS

5) NO WATER UTILITY COMPANIES

6) NO POWER OR SOLAR POWER COMPANIES

7) NO REITS

8) NO BANKS

9) NO ELECTRICAL & ELECTRONIC COMPANIES

10) NO HARD DISK DRIVE OR SSD MAKERS

11) NO STEEL COMPANIES

12) NO CEMENT COMPANIES

13) NO CONTRUCTION COMPANIES

14) NO AIRLINES

15) NO SHIPPING COMPANIES

16) NO CONSUMER FOOD MANUFACTURERS

17) NO CLOTHES MANUFACTURER

18) NO OIL AND GAS OR OGSE

19) NO TOURISM RELATED COMPANIES

20) WHO THEN WILL BE GETTING THE RM21.6 BILLIONS FIBERISATION JOBS?

ANSWER: OPCOM, NETX & REDTONE, OCK & GPACKET

BEST WILL BE OPCOM THE NUMBER ONE CHAMPION

FOLLOWED BY NETX THE CHAMPION DIGITAL INFRAR SPECIALIST

SPECIALIST??

YESSS!!!

WHO WILL SINGAPORE SEND FOR OLYMPIC GAMES ONCE IN 4 YEARS?

SCHOOLING OF COURSE!! HE WON OLYMPIC GOLD MEDAL FOR SINGAPORE

AND WHO WILL MALAYSIA SEND TO REPRESENT MALAYSIA FOR BADMINTON?

DATUK LEE CHONG WEI OF COURSE!!

DATUK LEE IS THE EXPERT FOR BADMINTON!!

SO WHO IS THE SPECIALIST FOR DOING DIGITAL INFRASTRUCTURE??







NETX (0020) CHUN CHUN CORE OF THE NFCP RM21.6 BILLIONS FOR DIGITAL INFRAR, Calvin Tan Research

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/229646.jsp
13/10/2019 2:16 PM
monetary 10% pp to 3rd party. who is the 3rd party? can 8 assume this as a hint tat ock will get some gov projects?
13/10/2019 10:04 PM
VFTRADER Netx
Since 2012, 85% of the qtrs making lose.
If company didn't offer good salary increment and gd bonuses, will the experience staff still with the company?? mb the staff already join OCK.....
14/10/2019 10:42 AM
VFTRADER OCK bought 60% of SEATH at US$50mil w forex RM4.07 range = RM203.5m

If new buyer targetiing Seath, it might fetch US$60mil w forex RM4.15 range = RM249m (RM0.28/share)....

Sounds good...
14/10/2019 10:50 AM
magic01 Stay tune good news.
14/10/2019 2:26 PM
Asy_Mett ock sleep?
14/10/2019 2:28 PM
Asy_Mett looks like hibernate already
14/10/2019 5:02 PM
kahsoon888 like Knm, after PP only will fly.
14/10/2019 10:05 PM
beachboy Knm warrant so expensive.. Ock only 0.115.. 1 day it will become like GP wb
15/10/2019 3:39 AM
calvintaneng THE TOP CORE WINNERS OF THE DIGITAL ECONOMY IN LATEST MALAYSIA'S BUDGET, Calvin Tan Research 15 Oct

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/230081.jsp
15/10/2019 4:05 AM
ck2201 ^-^ Swim .......swim....
15/10/2019 10:03 AM
VFTRADER OCK bought Seath at US$50mil w 1980 towers.
1 tower = US$25,250.

Now Seath own 2600 towers.
So total can reach US$65mil @4.15 = RM269.75mil ( per share = RM0.31)

Too good to believe??
15/10/2019 11:49 AM
ck2201 :) Buy 50% vs Sell 50%, today ? swim swim .....
15/10/2019 12:27 PM
123456 Drop more please
15/10/2019 3:14 PM
123456 I wan buy at 0.55
15/10/2019 3:14 PM
ttt yes,, u may get RM0.31 per share, but that money would be used to par down the debt borrowed for the acquisition as well
15/10/2019 4:49 PM
sosfinance Accumulate on the pretext of good results for at least the next 2 quarters. (NFCP & Green Energy Tax incentives - will be a bonus)
16/10/2019 8:08 AM
magic01 Stay tune good news
16/10/2019 9:19 AM
Hisham Haron How tm is going up but ock is going down
16/10/2019 6:23 PM
sonyx123 Private placement..
16/10/2019 6:37 PM
kahsoon888 They don't want the price up too high...
16/10/2019 9:18 PM
Lee1045 Kahsoon888@ why?
17/10/2019 8:10 AM
VFTRADER The purchase px of US$50mil from Seath was done in Jan2017.
If include of inflation on business activity at 5% per annum, it will become US$58mil in the end of 2019 (assuming this business is making profit....)

US$58mil on 1980 towers = US$29k/ tower.
Now hv 2,600 tower = US$75.4mil @RM4.15=RM313mil.
Per share val = RM0.38???

The magic of inflation????
17/10/2019 8:28 AM
sosfinance Assets (towers) expansion last 3 years is quick. Depreciation for 2016, 2017, 2018, 2019(E), RM18m, RM34m, RM37m, RM60m (E), from about 400 towers to 4,000 towers.

Despite of flat profit over last 3 years of about RM25m p.a., EBITDA has grown from RM60m to RM100m (FYE16-18), and estimated FYE19 is RM120-130m, and more importantly it is sustainable.

The continue expansion in towers (construction of 500 towers and purchase of 1,000 towers) require the spin off listing. And the expansion on green energy in a meaningful way, also needs new equity.
17/10/2019 9:55 AM
Lee1045 Back to 58.5cent...can collect more!
17/10/2019 5:13 PM
sonyx123 collect while you can!
17/10/2019 6:16 PM
Mohd Akmal Hakim Wait at support 0.585
18/10/2019 8:52 AM
qqq3 ock bot this morning 60.5, now 62...
18/10/2019 4:27 PM
qqq3 https://klse.i3investor.com/blogs/LouisYapInvestment/230171.jsp

quite well done.....5 G needs a lot of towers.............
18/10/2019 7:53 PM
win1661 this director Chan in the past always like to sell but suddenly now buy big i see positive signal for share to move up... but Ooi buy and sell what signal is that?
18/10/2019 10:48 PM
monetary Hi. M new here. Does 5G really bring more rental rev to ock? The 5G providers will b the same telco n they r existing tenants of ock towers. Basically there is no new tenant. Perhaps the telco need to install smaller devices in the metropolitan areas. Does ock do that? Pls advice.
19/10/2019 7:53 AM
sosfinance 1) Detail of NFCP https://www.malaymail.com/news/malaysia/2019/09/03/national-fiberisation-and-connectivity-plan-is-not-a-mega-project-mcmc-clar/1786935

2) "with opportunities spread across the construction, operation, and maintenance of the digital infrastructure"

3) NFCP RM21.6b - many areas OCK can participate. OCK has done EPCC work on fiberisation work in Cambodia. Maintenance work also provides recurring income. Few years back OCK benefited from local 4G LTE, so 5G, it will benefit also.

4) 5G requires different type of towers and functionality, cater for short distance (less than 100m), briefly seen here https://www.lifewire.com/5g-cell-towers-4584192
19/10/2019 9:22 AM
monetary Thanks, sosfinance. Can I make the following assumptions?
1. Ock will continue to benefit from 4g LTE in rural areas where ock has spent huge capex for the past few yrs n now it reaps the fruits.
2. The true beneficiaries of 5G r those who install the small cell towers n equipments. These equipments either from Huawei or Ericsson.Those who involves in fiber networking will also benefit from 5G.
19/10/2019 11:38 AM
Lee1045 投资上兆人民币 中国5G建设如何破解高成本?
http://www.enanyang.my/?p=1304694
19/10/2019 7:05 PM
Lee1045 根据以上所说的,马来西亚需要更多的电讯塔。OCK将得到更大的推动。
19/10/2019 7:09 PM
Shawn Ng Hit 0.645 next week
19/10/2019 7:40 PM
Kakitapau monday gap up
19/10/2019 8:26 PM
Lee1045 I think next week will gap up and test 0.75-0.80 cents.
19/10/2019 9:13 PM
monetary https://www.lifewire.com/5g-challenges-4580354
5G networks are operating on high radio frequencies called millimeter waves, which have the benefit of being able to carry lots of data but are limited in range (often to less than one square mile). Therefore smallcells r needed to fill the 'gap'. A macrocell cost Rm300k & takes months to build whereas smallcell costs a tiny fraction of the macrocell & take a few hrs to install. Unless geographical landscape limitations present, smallcell will solve the 5G short wave length problem.
20/10/2019 9:19 AM
monetary I think OCK investment thesis is identical to landlord. Now it has plenty of assets occupied by good tenants. When the rental incomes slowly pair down it's borrowing we will see earning improvement as a result of lower finance cost. Sosfinance. Pls advice if I m wrong.
20/10/2019 9:25 AM

  Be the first to like this.
 
Icon8888 Wow it took you so long to finally figure out that buying based on NTA is pointless

But at least you heading in right direction now
20/10/2019 5:51 AM
Philip Greta No he didn't, he still buying property stocks.
20/10/2019 6:34 AM
win-win Dato calvin,NETX又私下配股了,请救救我们!

Posted by win-win > Oct 20, 2019 9:15 AM |

The syndicates push to RM0.025 so that the management can fix the issue price at RM0.0189. Dato calvin,我这次真的被你害死了!

https://malaysiastock.biz/Company-Announcement.aspx?id=1178773
20/10/2019 9:23 AM

  8 people like this.
 
enning22 after the bonus, easy to push up, if trade at 2.50-3.00, would be equivalent to 5.00- 6.00 rm.
11/10/2019 10:15 AM
cheoky Post syariah compliance early next month another fund will buy in.last call de. Perhaps EPF
11/10/2019 12:11 PM
Agjl Cheoky....its possible. Also must forget KWAP, LTAT amongst others bumi funds
11/10/2019 12:19 PM
Agjl I mean must not forget
11/10/2019 12:19 PM
Agjl The show goes on..
11/10/2019 2:34 PM
kllady_fidah back on track..Real show yet to start..
Placees very demanding demand
11/10/2019 10:11 PM
Steven Liew I think the reason for the big drop in share price on 10/10/19 could be due to the company selling off the treasury shares in the open market for the bonus issue
12/10/2019 9:46 AM
freddiehero u fly high?
12/10/2019 9:58 AM
enning22 Guan Chong: Allocates about RM280m to build cocoa grinding facility in Cote D'Ivoire. Guan Chong has set aside between approximately RM230 to RM280m to construct a new 60,000 metric tonne (MT) cocoa grinding facility in a West African country, Cote D'Ivoire. The new facility would see GCB operations expand to a major cocoa bean producing country and at the same time allow the group to grow its Europe market presence due to the close proximity and similar time zone. The new factory is expected to be commissioned in the first quarter of 2021, which would bring the group’s total grinding capacity to 310,000 MT, from 250,000 MT currently. (Bernama)
12/10/2019 11:22 AM
Agjl Its hard to explain the drop in share price on 10/10. Market participants sometimes behave strangely. Always share price sudden drop on that day of EGM for certain proposal especially if the stock had a good run few days before. Its more like short term traders cashing in just in case tge proposal didnt get thru. 11/11 good run could be their short covering
12/10/2019 2:30 PM
enning22 i think some people worry about the budget,thinking some new taxes could be introduced, some people took profit and stay out for awhile.now no new taxes, and Us/china trade war, subsides for now as they reached certain agreement,i think investors would come back in a big bang,next week.
12/10/2019 4:41 PM
Agjl Hopefully, big bang like u said....towards 5
13/10/2019 12:23 AM
akulamatata Rm5 TP quite low oh,after share split more easy to go up and if success comply to Shariah rule, more fund to come.2020 and 2021 is the biggest harvest year for GCB
14/10/2019 7:41 AM
slts fare value ex bonus 3.50-4.00
jus hold
14/10/2019 10:32 AM
enning22 alas,big bang has gone to electronics ,sector.
14/10/2019 3:48 PM
Agjl Temporary deflated...
14/10/2019 4:13 PM
kllady_fidah Most would see it very cheap after Bonus n start chasing it up..Human behavior predictable
14/10/2019 7:07 PM
slts if tmr can take out 4.72 next consolidation price at 5
14/10/2019 7:33 PM
kllady_fidah ex date 4 Nov..Bursa announcement
14/10/2019 8:50 PM
slts another magni
dont miss tis opportunity
14/10/2019 11:09 PM
Agjl Anyone knows what would b the warrant’s exercise price?
15/10/2019 4:04 PM
slts already fixed 1.65
15/10/2019 4:08 PM
Agjl Slts....thanks
15/10/2019 7:19 PM
dalpinia PE 10 only, ROE 27, still under value

https://m.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5102&section=financial
16/10/2019 6:52 AM
dalpinia This is a consumer stock like DL, Nestle, n etc which just focus on cocoa businesses
16/10/2019 6:53 AM
dalpinia PE shall be 30-50
16/10/2019 6:54 AM
chengcheekaan So have you use all your money to buy GCB? since you said PE shall be 30-50
16/10/2019 3:53 PM
slts heavy vol due T3 forced selling over yesterday
17/10/2019 8:21 AM
brandee new high, otw to 5.00
17/10/2019 10:52 AM
enning22 big bang finally happens
17/10/2019 11:02 AM
cheoky Oh my love muacck
17/10/2019 1:28 PM
Agjl Minor bang only...
17/10/2019 2:08 PM
Agjl Looks like pump and dump
17/10/2019 2:42 PM
336699 Steaming towards 5.00 in time for a chocolate bath hahaha
17/10/2019 7:30 PM
Agjl RHB research said 6
17/10/2019 7:47 PM
David Superb growth stock, must keep for long term
17/10/2019 11:39 PM
Agjl The million dollar question now is.....when to sell???
18/10/2019 9:41 AM
Agjl 4.93 high today
18/10/2019 9:42 AM
rajachulan really... there is nothing much to say...

except....

congratulations to all your guys still holding!!!

I still not holding any share till now... i ride much of the trend last year... hope the trend continue this year and your guys can ride with it too...

good job and good luck guys...

wait to buy
wait to let profit run
wait to sell
18/10/2019 9:46 AM
chengcheekaan I'm holding since 2013, no regrets.....
18/10/2019 10:11 AM
Agjl rajachulan......on behalf of everyone here who are still holding, letme say thanks for yoyr kind wishes. We wish u all the best in your investment
18/10/2019 10:55 AM
nick_ck Great, 300% profit. Congrats all, beware of high cocoa price.
18/10/2019 1:13 PM
CT Warrant worth at least 0.80 cents per share based on current price. If u have 3 shares u get 1 free warrant
18/10/2019 9:43 PM
Ncm88 Hi CT tan
18/10/2019 9:46 PM
CT The higher the shares price the higher the warrant price. If reach 6 then warrant at worth at least 1.36 pershares. Just hold on all
18/10/2019 9:47 PM
kllady_fidah might cool down nx wk...
19/10/2019 7:40 PM
Agjl Its better to cool off next week to recharge for further journey. Cant go on forever. Need a rest
19/10/2019 9:14 PM
Agjl 5 is not a if its a matter of when
19/10/2019 9:15 PM
Kei2 One more green bar on monday. Here comes the soldier. Go go go!!!
19/10/2019 10:05 PM
slts its not overbot yet, so got more upside
b4 it consolidate
20/10/2019 9:23 AM

  21 people like this.
 
Johnchew5 Post removed. Why?
19/10/2019 4:13 PM
陳 彥霆 this johchew just repeat and repeat, haiyo
19/10/2019 4:18 PM
Johnchew5 Post removed. Why?
19/10/2019 4:24 PM
Johnchew5 Post removed. Why?
19/10/2019 4:26 PM
Johnchew5 Post removed. Why?
19/10/2019 4:28 PM
calvintaneng No sell NETX to buy MuiProp

MUST KEEP ALL NEXT SHARES AS IT WILL GO UP 300% to 800%

MUI PROP WILL GO UP 100% TO 200%

SO NETX IS BETTER IN POTENTIAL GAIN!!
19/10/2019 4:31 PM
calvintaneng CAN ONLY SELL ZELAN, IRIS OR METRONIC TO BUY NETX OR MUIPROP
19/10/2019 4:32 PM
Johnchew5 Post removed. Why?
19/10/2019 4:34 PM
Johnchew5 Post removed. Why?
19/10/2019 4:36 PM
stncws after PP..stock price can not go up for 1 month

so tmr will be 2c
19/10/2019 4:40 PM
RosAng After debate,,IJN,PANTAI,,KPJ,,GMC

LIMIT UP COZ ALL DEPRESSION..MASAOK TANJONG RAMBUTAN
19/10/2019 5:30 PM
陳 彥霆 Johnchew5 spam spam spam
19/10/2019 5:46 PM
Johnchew5 Post removed. Why?
19/10/2019 5:59 PM
Johnchew5 Post removed. Why?
19/10/2019 6:02 PM
cat lim Not bad. Up 25%
19/10/2019 6:21 PM
Westeros Whether to buy or not buy Netx is our perogative and it is our money JC you have already said enough to remind us on for an eternity about NETX failing just shut the FU and let us decide what we want with our money, you already start to sound like a bloody broken record that needs to be thrown into the rubbish bin.
19/10/2019 6:46 PM
RosAng Oh yeah,,he is stupid thinking tis forum will throw until 1sen for him,,

U think we throw u can get it??
19/10/2019 6:49 PM
Alimalay Metronic wa 0.08 susah naik. Lock
19/10/2019 7:16 PM
Johnchew Tenaga Nasional Bhd (TNB) could be a fixed broadband infrastructure provider as the utility giant is considering to lease its nationwide fibre optics a week after abandoning a joint fiberisation agreement with Telekom Malaysia Bhd (TM).

The government has requested TNB to consider offering its own fibre optic network to telcommunication service providers (telcos), to promote competition and choice for the voice and data service providers.

A decision on the matter is expected to be discussed by TNB’s board of directors this week, said Communications and Multimedia Minister Gobind Singh Deo.

“I have personally requested TNB to take up the project, and they have agreed to consider the proposal,” he told The Malaysian Reserve.

Gobind said TNB has a ready fibre infrastructure which can be utilised by telcos, and will result in a faster and cheaper fiberisation deployment throughout the country.

“Both TM and TNB should participate in the telecommunications sector and offer options to telcos, as both have individual strength in terms of infrastructure.

“We might end up seeing two major infrastructure providers and other companies using them to provide better quality services over a broader area covering the country. This is workable,” he said.

Last week, TNB and TM announced the cancellation of a memorandum of understanding to jointly deliver the Nationwide Fiberisation Plan.

Both companies aborted the proposed collaboration inked in January this year, recently. No reason was given for the abortment. The plan would have helped expand the country’s high-speed Internet access and bring down cost of data and voice services.

TNB’s entry into the fixed broadband business might not surprise many industry observers as the power company has installed the infrastructure to support its massive and complicated power distribution operation nationwide.

Growing from its first fibre optic cables in 1975 to over 12,000km of fibre optic cables today, the utility giant is said to have invested RM10 billion to set up the infrastructure over the years.

TNB’s venture into fibre optic cables in 1975 was due to a requirement for its faulttracking system called Scada and remote metering systems.

Since then, the utility giant has added more fibre optics which run parallel with its power cables across the nation. However, TNB’s bandwidth usage of the massive fibre network, which carries data packets between two locations, is considered small.

Power companies globally have been leasing out fibre to telcos for many years. Korea Electric Power Corp in South Korea has since 1993 opened its fibre network to telco players.

In 2001, Japanese regulators mandated the use of electricity poles and ducts for provision of fibre to homes.

In the US, power providers are obligated to allow pole access for telecommunication purposes for over 30 years now, and Thailand has done that for deployment of highspeed broadband services.
19/10/2019 7:43 PM
Johnchew Post removed. Why?
19/10/2019 7:44 PM
Johnchew JASIN: THE National Fiberisation and Connectivity Plan (NFCP), which will provide high-speed Internet broadband to those living in rural and suburban areas, will create a competitive environment to uplift their economic status.

Communications and Multimedia Minister Gobind Singh Deo said good Internet access would empower the people, thus creating a borderless world to network.

He said the government would study the outcome of the NFCP pilot project launched recently before considering to implement the plan nationwide.

The pilot project, jointly developed by the government and Tenaga Nasional Bhd (TNB), aimed to provide infrastructure for high-speed Internet to 1,100 residents here.

It was completed ahead of schedule and Gobind said the final decision would be made by TNB as the project executor.

XX
TNB as the project executor....Metronic will have higher chance than Netx...
19/10/2019 7:45 PM
Johnchew 2011 to 2019: Netx only hv 2 contract order..
Refer recent QR since 2017 to 2019..no contract order..lost to competitors loh..
19/10/2019 7:47 PM
Johnchew Netx last week trading 5 days is estimated our neighbour kon artist group collected 150 million shares at avg 0.0225 ..

At price 0.025 they will dispose..

We here ikan bilis r smart....
19/10/2019 7:52 PM
RosAng TNB MONDAY LIMIT UP
19/10/2019 8:24 PM
RosAng Monday Gobind Singh Monday Limit Up
19/10/2019 8:30 PM
calvintaneng NETX UP-TRENDING PRICES FROM 23RD SEPTEMPER 23RD TO OCTOBER 18TH 2019

ITS LOWEST WAS

0.5 SEN

THEN 1 SEN

THEN 1.5SEN

THEN 2 SEN

NOW LATEST CLOSE IS 2.5 SEN


AHEAD IS THE VERY VERY VERY MASSIVE CASH INFUSION OF RM21.6 BILLIONS FOR NFCP FIBERISATION


WHAT WILL NEXT BE NEXT WEEK?

NEXT MONTH

4 MONTHS FROM NOW?

6 MONTHS FROM NOW?

1 YEAR FROM NOW?

2 YEARS FROM NOW?

3 YEARS FROM NOW WHEN FIBERISATION ROLL OUT INTO EVERY HOME, OFFICE, CITY, KAMPUNG, VALLEY, MOUNTAIN, TMN NEGARA, GUNONG TAHAN, LAKE KENYIR, MERSING AND PULAU TIOMAN, SIPADANG ISLAND, PULAU JERAJAK & EVERYWHERE

HOW MUCH WILL BE THE PRICE OF NETX?

4 SEN?

8 SEN?

15 SEN?

50 SEN?

RM1.00?

OR MORE???

MAKE A GUESS!



18/10/2019 0.025 0.02 - 0.025 0.025 +0.005 (25.00%) 17,742,300
17/10/2019 0.025 0.02 - 0.025 0.02 0.00 (0.00%) 14,696,400
16/10/2019 0.02 0.02 - 0.025 0.02 0.00 (0.00%) 125,690,300
15/10/2019 0.025 0.02 - 0.025 0.02 -0.005 (20.00%) 80,488,900
14/10/2019 0.02 0.015 - 0.025 0.025 +0.005 (25.00%) 271,804,700
11/10/2019 0.015 0.015 - 0.02 0.02 +0.005 (33.33%) 38,345,100

10/10/2019 0.015 0.01 - 0.02 0.015 0.00 (0.00%) 186,540,300
09/10/2019 0.01 0.01 - 0.015 0.015 0.00 (0.00%) 14,806,600
08/10/2019 0.015 0.01 - 0.015 0.015 0.00 (0.00%) 44,583,000
07/10/2019 0.015 0.01 - 0.015 0.015 0.00 (0.00%) 9,466,900
04/10/2019 0.015 0.01 - 0.015 0.015 +0.005 (50.00%) 1,929,600
03/10/2019 0.01 0.01 - 0.015 0.01 0.00 (0.00%) 2,443,700
02/10/2019 0.015 0.01 - 0.015 0.01 -0.005 (33.33%) 2,094,000
01/10/2019 0.01 0.01 - 0.015 0.015 +0.005 (50.00%) 2,918,800
30/09/2019 0.01 0.01 - 0.015 0.01 -0.005 (33.33%) 3,634,600
27/09/2019 0.01 0.01 - 0.015 0.015 0.00 (0.00%) 4,500,600
26/09/2019 0.015 0.01 - 0.015 0.015 +0.005 (50.00%) 6,289,900
25/09/2019 0.01 0.01 - 0.015 0.01 0.00 (0.00%) 4,251,400
24/09/2019 0.015 0.01 - 0.015 0.01 0.00 (0.00%) 8,385,000

23/09/2019 0.01 0.005 - 0.015 0.01 0.00 (0.00%) 76,436,900
19/10/2019 8:56 PM
durianthorns @Johnchew5, netx volume of shares is 3,272 bil. la.
19/10/2019 9:00 PM
calvintaneng 16/10/2019 0.02 0.02 - 0.025 0.02 0.00 (0.00%) 125,690,300

15/10/2019 0.025 0.02 - 0.025 0.02 -0.005 (20.00%) 80,488,900

14/10/2019 0.02 0.015 - 0.025 0.025 +0.005 (25.00%) 271,804,700

ON 16TH OCTOBER NETX 125 MILLIONS T plus 2 = ALL TAKEN UP!!!

ON 15TH OCTOBER NETX 80 MILLIONS T Plus 3 = ALL TAKEN UP!!!

ON 14TH OCTOBER NETX 217.8 MILLIONS T Plus 4 = ALL TAKEN UP!!! (ON THIS DAY NETX IS IN TOP VOLUME OF BURSA - BEATING ONE THOUSAND OVER COUNTERS)

IF SOMETHING BIG IS NOT BREWING AHEAD WHY

1) THE MASSIVE AMOUNT OF PURCHASES?

2) WHY AFTER T PLUS 4 STILL PRICES KEEPING STRONG AND MOVING TO 2.5 SEN?

SO THERE IS SOMETHING VERY VERY SIGNIFICANT YET AHEAD

TWENTY ONE BILLIONS SIX HUNDRED MILLIONS RINGGIT WILL BE FLOODING WITH LOTS OF FIBER OPTIC JOBS FOR NETX AND A FEW PLAYERS AHEAD!!
19/10/2019 9:10 PM
5354_ Every1 talk Netx only. How abt who own Netx the most? Why no gain?
19/10/2019 9:10 PM
face why Limit Up on Monday??....NetX is a digital Infra specialist?
I have info NetX is creating a "digitized microchip" and is NetX patented product.
19/10/2019 9:32 PM
RosAng Because I like Limit Up,,

Do u know last year bot Opcom @ 36

After Tun win Limit Up 90 then 118

U know how song tat time

Will get the same feeling soon..
19/10/2019 10:19 PM
telephone Ya, RosAng. I still rebember the feeling when Muda Holding limited up. But, did you know.... To limit up for Netx, the price share price will be RM0. 325???
19/10/2019 10:25 PM
durianthorns hahahahahha, limit down more likely la. be realistic don't fall trap to calvin's lie, make some better sell before 2 late.
19/10/2019 10:29 PM
chkhooju Don't be trapped.
19/10/2019 10:32 PM
RosAng 21.6B/3.262B=6.60

TM TAKE HALF 6.60/2=3.30 TP FOR NETX
FOR PH TO RUN NFCP

LET SAY TM SHARE WITH TNB 50 50
THEN NETX PRICE COULD B 1.15 NOT BACK OSO

RM10 BECOME RM1150

LIMIT DOWN LOSS RM10 LIKE BUYING DAMACAI

CAN BET MA
19/10/2019 10:55 PM
RosAng RM0.325 OSO NOT BAD

AS LONG AS MY DICTIONARY NO LOSS TIS WORD....

RM0.005 SEN GAIN OSO CONSIDER GAIN..
19/10/2019 11:16 PM
RosAng 325 can buy 1BM OLEDI

SORRY MISS 1X IS BMX
19/10/2019 11:18 PM
RosAng 信者得爱
19/10/2019 11:19 PM
RosAng Now Malaysia Market is in CONSOLIDATION PERIOD

ONCE MARKET GETTING BETTER ..

HAHA..烂臭股也回变风皇股

管他什么SINGH

市场起舞的时后

不用NFCP 也能起

在市场打滚那么多天

还第一次看到母股1/2Sen
19/10/2019 11:30 PM
RosAng 要赚钱就要拿出胆量来

事情还没发生就怕东怕西

不如放FD
19/10/2019 11:33 PM
John_chew Post removed. Why?
19/10/2019 11:33 PM
John_chew Post removed. Why?
19/10/2019 11:35 PM
RosAng 大选前BN VS PH 也是55 45

哪知道PH 赢了

如果PH 输了OPCOM 今天也是1/2 SEN

所以只要这支股还在

你还活着
这个价位应该很舒适
19/10/2019 11:41 PM
pktaninvestor Why the long long story always repeat repeat.
19/10/2019 11:42 PM
calvintaneng After, NETX signed a technical cooperation agreement with the [M3TECH] to jointly develop an electronic payment flow trading platform. The initial contract period is one year, the proportion of revenue sharing structure [were] XOX 40%, NETX 30% and 30%] [M3TECH. According to management, the partnership is expected to begin as early as bring credit to the Group in FY18.

In 2017, NETX [and] to develop an e-XOX-paid mobile phone trading platform, XOX] [encourage users to become e-commerce (E-Commerce) business, and domestic and international payment gateway interoperability. This can be used with multiple platforms payment gateway links, including ALIPAY [], [WEPAY], [] and [APPLE PAY SAMSUNG PAY]. Through this cooperation, NETX is expected to become Malaysia's newly established digital FTA (DFTZ) part of it.

ALL THE ABOVE JUST TO KEEP NETX BUSY WHILE WAITING FOR MORE SUBSTANTIAL BUSINESS

JUST LIKE FISHERMEN IN TRENGGANU AND KELANTAN DO SMALL TIME ONSHORE BUSINESS TO WAIT OUT THE NORTH-EAST MONSOON FROM NOV TO MARCH

ONCE WEATHER IS CLEAR FISHERMEN WILL GO FISHING ONCE MORE

SO NETX HAS WAITED FOR THE MOST OPPORTUNE MOMENT UNTIL NFCP FIBERRISATION HAS ARRIVED

NOW THAT NATIONWIDE FIBERISATION ALREADY ANNOUNCED AND PASSED IN PARLIAMENT WITH BUDGET OF RM21.6 BILLIONS CASH PREPARED IT IN NO LONGER A GUESSING TIME

ALL THESE AND MORE WILL TRANSLATE INTO REALITY OF CONCRETE JOB AWARDS

NETX PAST MIGHT BE FUZZY - NETX FUTURE WEEKS/MONTHS AHEAD WILL BE BRIGHT

SIFU WARREN BUFFET ALREADY SAID

"YOU DON'T LOOK AT THE REAR VIEW MIRROR WHILE DRIVING

YOU LOOK IN FRONT FROM THE FRONT WIDE WINDSCREEN AHEAD WHEN YOU DRIVE"

AND AHEAD IS DECKED WITH ROSES ALL THE WAY

THE JOURNEY WILL BE VERY PLEASANT INDEED
19/10/2019 11:46 PM
RosAng 他这个人可能以前跟calvin买股中抢

所以现在还有他的影子
19/10/2019 11:52 PM
Monkeymum Although the total value of contracts won USD10m in FY13, as well as the establishment of multi-party cooperation and relations, but failed to hand over NETX profit performance in the last four years. Turnover of its four fiscal year is only about RM19m, even lower than USD10m (RM40m) contract. It is indeed doubtful the company in the end doing?

Undeniably, NETX core business in the past two years from the network hardware services, gradually transformed into a mobile payment system and social media marketing, to follow the pace of technology. Group In addition to providing payment services, providing customers with more value-added, is to help customers to expand the customer base. However, the group they could not turn a profit, it is an indisputable fact.

The only surprise is that the management in FY17Q4 quarterly stressed that the group can be optimistic about after the implementation of digital free trade zone, to produce a reasonable performance. XOX according to [] and [] M3TECH partnership agreement, the partnership at the earliest contribution was seen in FY18.

As the group launched a series of business activities in the past few years, including the additional shares and private placement financing, its shares have jumped to 1.25b. To afford growing businesses with about 20 times PE, the current share price of 4 cents, NETX must surrender after-tax profit of RM2.81m, can be called qualified.

Obviously, there is no stable performance support NETX more often just hype digital FTA topic. Meanwhile, the Group is also twice been the past four years the independent auditor issued a "reservations." To reborn, NETX must first hand over several consecutive quarters of earnings performance, all the talk about cooperation or else all of the above, it is difficult to convince investors
20/10/2019 1:20 AM
Fizoe444 PRIVATE PLACEMENT again!!

No Wonder Temporarily Push to 0.02sen, same

Old dirty tAcTic ! Going down!
20/10/2019 4:10 AM
EvoDeer Good Morning,,,sunny sky fresh air,,,,,,senyum senyum
20/10/2019 8:55 AM
win-win The syndicates push to RM0.025 so that the management can fix the issue price at RM0.0189. Dato calvin,我这次真的被你害死了!

https://malaysiastock.biz/Company-Announcement.aspx?id=1178773
20/10/2019 9:23 AM

  23 people like this.
 
top_idiot price up to 60sen,
then drop back 50sen .
20/09/2019 11:38 AM
francis188 idiot , no one force you in , if can not afford to lose , then your money in the bank
20/09/2019 7:07 PM
AllanTingAS 49 cents is good entry point, consider the consistent dividen.
21/09/2019 9:43 PM
top_idiot francis moron ,fast buy in please.
and wait two years , you will become me
24/09/2019 11:20 AM
francis188 idiot , i buy 0.49 , waiting dividend
24/09/2019 7:01 PM
francis188 poor idiot why buy at high price , is so good share market got such idiot , haha...
24/09/2019 7:02 PM
AllanTingAS Don't wait for dividen. After ex on 27/9, it will back to <0.49 Good luck
24/09/2019 9:40 PM
sell Brent down USD 1+. ST 48 LT 40-45. Sell.
25/09/2019 11:14 PM
kahsoon888 Price still below 0.5
03/10/2019 1:35 PM
slts be patient soon it will move
strong n improving FA stock wont
bottom out for ever
03/10/2019 2:42 PM
didi7349 Time to add
03/10/2019 10:44 PM
slts dyg, cari, uzma n pe all up alot
its time for pantech
04/10/2019 4:19 PM
slts good co cannot stay at the bottom forever
buy b4 they start chasing
07/10/2019 9:55 AM
kahsoon888 How long to wait..
08/10/2019 10:33 AM
slts jus collect. tis good stock have not rebound yet
cheap cheap, very safe to enter
08/10/2019 1:29 PM
Candy0326 I waited more than 4yrs... on this counter...
Management all are sleeping, from 0.83 drop till nowadays.
08/10/2019 4:27 PM
slts if u bot at 0.83 than 0.49 u should buy more
especially when it have bottom out
09/10/2019 2:25 PM
EatCoconutCanWin pantech revenue and profit growth for coming years as they take over LI ANN company. gogogo
09/10/2019 2:28 PM
kent_1 Just bought some at 0.49, cant wait to see its upcoming quarter results ;)
09/10/2019 2:45 PM
top_idiot avr 0.65 ,sampai two years
Fxxk this company
09/10/2019 6:42 PM
top_idiot wait quater by queter , sampai lost hope
09/10/2019 6:43 PM
slts why dont u cut loss so that u can stop waiting
09/10/2019 7:21 PM
kent_1 Extracted from previous quarter report "The lower revenue and segment profit before tax for the current quarter and the 3 months ended 31 May 2019 was mainly due to the lower sales contribution from carbon steel manufacturing plant due to the suspension on shipments to United States arising from the preliminary affirmative anti-circumvention determination on Malaysia."
11/10/2019 8:43 AM
kent_1 This coming quarter is the for period June to September, "the carbon steel manufacturing plant will commence shipments of its carbon steel butt-weld fittings to U.S. immediately following the positive outcome on the final affirmative determination concerning circumvention of antidumping duty order on carbon steel buttweld fittings from Malaysia issued on 14 June 2019."

Cant wait to see the upcoming quarter result end of this month. ;)
11/10/2019 8:45 AM
slts buy it when its cheap b4 others start to chase
very laggard ong
14/10/2019 10:22 AM
slts n still sleeping, very lazy...zzzzzzzzzzzzzz
14/10/2019 1:55 PM
Candy0326 This counter really boring. I have average down my price from 0.83 to 0.60, but i'm not dare to average down my price, when it drop to 0.49. That all my "blood sweat money". I just put aside this shares. Luckily i have successful subscribed AME IPO, today earned some profits :) 不止于那么伤, hahaha.
14/10/2019 3:27 PM
slts too bad, high u buy n low u chicken out
how to make money like that
15/10/2019 8:57 AM
top_idiot candy you right, this stupid counter ,make investor lost money
15/10/2019 3:41 PM
slts investor dont loose, punters sure
15/10/2019 4:07 PM
kent_1 i am still queuing to buy at 0.49 ;)
15/10/2019 5:24 PM
slts finally have alot upside to catch up
16/10/2019 10:10 AM
Surewind Waiting for the next quarter results.. Possible to increase 15 - 30% with US exports.
16/10/2019 10:16 AM
allan88 Looks like stock move up as it is near to qtr result and expecting a good one.
16/10/2019 10:28 AM
kent_1 lets say extra 1.5mil from manufacturing sector, that will be 1.5mil/751mil = 0.2sens increase from last quarter. Lets see if this quarter EPS can meet 1.49 + 0.20sens = 1.69sens. ;)
16/10/2019 10:44 AM
GSCIM After one month holding, finally shoot. Next week is the result.
16/10/2019 4:49 PM
chshzhd don worry b happy:)
16/10/2019 6:21 PM
GSCIM I will hold for three qtr to observe their result
16/10/2019 9:02 PM
slts TA 200ma 0.505 taken out yesterday with vol
turn bullish now, buy n hold
alot of catching up to do
17/10/2019 8:24 AM
SK1200 1st TP 0.55 , 2nd TP 0.58
https://www.klsescreener.com/v2/news/view/591186
17/10/2019 10:49 AM
top_idiot let see, later will balik kampung
17/10/2019 12:47 PM
top_idiot only buy below 0.5 can earn , ppl who long invest like me, sure cry
17/10/2019 2:07 PM
Candy0326 Hahaha, i"hope" so the price can up to 0.60, then i will sell all my existing shares, say goodbye to pantech, this counter had been accompany me over 4yrs i gratitude to this counter lock my money so long, yearly give me 1sen, 0.5sen dividend. Because of this counter my emotion stability has been trained.
17/10/2019 2:48 PM
top_idiot balik kampung lo , this not first time, tipu more investor come in ,and lock them money
18/10/2019 6:59 AM
Candy0326 @top_idiot, sabar~ lets wait until this quarter result come out first, few more days only, haha. I have confident on this counter up to 0.60
18/10/2019 9:05 AM
maan EPF is buying right? Logical, should be positive.. otherwise, just treat it as FD ..
18/10/2019 10:04 AM
kent_1 yes, let's wait for the quarter result come out then we can decide. QOQ and YOY should increase
18/10/2019 10:42 AM
durianthorns Calvintaneng spreading rumours to manipulate stocks is a very serious offences. He has been doing it for many years already.

Bursa, Security Commission and MCMC should fine him and banned him from posting in i3 investors.com.
18/10/2019 10:44 AM
Jeffreyteck When US imposed tariff, price dropped from above 60 to below 50. When US uplifted tariff, price is unable to surge. May be is timing as global environment is becoming even more challenging now.

Unresolved trade conflicts, countries in war increasing, political environment remains gloomy as politicians trying to survive better but not for the nation, etc. Anyway, good luck everyone.
19/10/2019 10:34 AM
slts be patient , 0.70+ by apr 2020
20/10/2019 9:21 AM

  87 people like this.
 
5354_ Darth 7000+ postings in Vivo(how many years) and now Siva68 1500+ in months any similarity?
08/10/2019 10:12 AM
tkl88 Countdown 3 days to 11/10/2019 (Friday)'s super prosperous 2020 budget !
Huat ah ! Heng ah ! Ong ah !
08/10/2019 2:29 PM
5354_ If not mistaken in 2016 Vivo jump to >30 sen bec railway projects? Sorry I own many counters so correct me if I am wrong.
08/10/2019 3:19 PM
5354_ HSR give to CREC-Vivo in Budget 2020?
08/10/2019 3:20 PM
5354_ PH projects must cut cost so must have China as JV?
08/10/2019 3:21 PM
ktsk88 Posted by 5354_ > Oct 8, 2019 3:20 PM | Report Abuse

HSR give to CREC-Vivo in Budget 2020?

HSR won't be revive so soon.....forget the Budget 2020.

Even if HSR scaled down and given to CREC..............the pie doesn't and won't go the VIVOCOM............what is the strong point and reason VIVOCOM will get it? Because of Dr Yeoh connections long long time ago?.

All already history for VIVOCOM.........so get on with life and accept the painful reality.
08/10/2019 4:31 PM
5354_ If not railway projects, Prima house only can Vivo go back to 20-30 sen?
08/10/2019 4:35 PM
5354_ China buy more our CPO and we use their HSR win-win for both?
08/10/2019 4:39 PM
ktsk88 Dr Yeoh are having issues with the Mgmt.............if not he wont resigned after just joining the company and when the company gaining traction.
08/10/2019 4:40 PM
5354_ If Tun M can come out from retirement why younger Dr Yeoh cannot?
08/10/2019 4:40 PM
ktsk88 Posted by miniminer > Oct 8, 2019 4:47 PM | Report Abuse

Aiyoyo.....
No many chance can get history low @0.015, below RI price? somewhat the queue is clear. This bet, maximum loss 0.015, high chance of 100% profit if coming Q if turn profit (Dreaming), if price come to NTA price 0.08 - +400% profits, this counter is now only suitable for gambler....hehehe..........

You're right...............you are gambling with this stock.....
08/10/2019 4:51 PM
ktsk88 Company saddled with many uncertainties

) Uncollected debts and unexplainable
2) Projects is blurry and not listed out consicely
3) CEO doesn't hold any shares despite helming the company........no sense of belonging.
4) Huge goodwill amount not write off yet...........probably from future profits if there is and left with losses for next few years and more.

Just my concerns for those really wanna follow buy calls from some sifu here.
08/10/2019 4:55 PM
miniminer No offense, now this counter is really enter into gamble mode after all the top institution fails their prediction, retailers were misled.... Not encouraging you to buy tho....it is other's hard earn $$, they decide.......
08/10/2019 5:11 PM
tkl88 Countdown 2 days to 11/10/2019 (Friday)'s super prosperous budget 2020 !
Huat ah ! Heng ah ! Ong ah !
09/10/2019 9:45 AM
tkl88 Good news for KLSE and Malaysia's economy with budget 2020...
Like that our KLSE will spike up to break above 1,800 points ~ 2,000 points after budget i.e year 2000 onwards !

Mega project boost for budget Thursday, 10 Oct 2019
https://www.thestar.com.my/business/business-news/2019/10/10/mega-project-boost-for-budget
10/10/2019 10:00 AM
Siva68 tkl88. Not sure how you derived your figures about the KLSE.
Your outburst doesn't make sense or has any weight.
If there's a Global Recession (which all signs show), KLSE will not be spared either even how good the budget is going to be.
Also the country is not in a good shape moving forward and cannot always rely on Oil and Construction to show the country is moving forward!
10/10/2019 12:55 PM
Siva68 Coming back to Vivocom.
Do you see this company having/getting any other new projects in the construction business especially Rumah Prima since 2016/17?
Why don't have if they're already in the 'Construction Business'?
10/10/2019 12:59 PM
Siva68 Looking at the whole picture, Vivocom is only a middleman in getting construction business during Ku Nan's time thereafter subcontracting to others and making profits out of it.
Vivocom is not a full fledged Construction company.
It's only a one off thing for the company when BN was rulling.
Try them today to submit tender, see if can get!
10/10/2019 1:05 PM
Siva68 tkl88. Love your support for this company.
But don't understand what kind of a listed construction company is this in Bursa Malaysia hoovering between 0.015-0.03 for more than a year?
10/10/2019 1:23 PM
Siva68 My only take @ 0.015-0.02 is only gamble and try luck for some good news to come out from the company if anyone wants.
Or for Big timers to come in and speculate.
10/10/2019 1:28 PM
Siva68 tkl88 and other supporters of this company.
I also looking forward for this company price to go up and importantly they can progress.
Because I hold their shares being bought at a very high price!
So how?
10/10/2019 1:58 PM
Siva68 Looking at things, there nothing can be done with this company.
Close Shop.
10/10/2019 6:55 PM
Siva68 Can lodged a report to MACC
On how exactly did they get the Rumah Prima projects!
10/10/2019 6:57 PM
tkl88 Darth why you always say that lodged a report to MACC ?

Why using id of Siva68?
Why you scared people know that you are Darth?
Be a trustworthy person, don't always cheat people !
10/10/2019 8:11 PM
tkl88 Really can't wait the superb Fantastic prosperous budget 2020 to be announce tommorrow..

All the big projects queueing up to be announce one by one tommorrow, construction sector booming, property sector booming, then all the sectors also booming together !

Really Jia Bui Liao lor this time !
Huat ah ! Heng ah ! Ong ah !
10/10/2019 8:15 PM
Siva68 tkl88. No worries.
Vivocom going to go up.
Correct?
10/10/2019 9:01 PM
tkl88 Like that ma Darth, so if Darth also saying that Vivocom will spike up, it mean tommorrow onwards is the time to Sailang all your belongings till underwear to buying in Vivocom shares to making profits of +500%, +1000% and more already!
Guys, what your all still waiting for?

Huat ah ! Heng ah ! Ong ah!
10/10/2019 10:11 PM
5c0160 Dream dream dream ??
10/10/2019 10:54 PM
mdesa5057 this toilet paper stock should change its name from vivocom to vavicom
11/10/2019 1:08 AM
Sales Omg!!! Please don't lure the newbie. We bought from 0.35sen dropped until 0.015sen.
11/10/2019 2:25 PM
miniminer 2020 budget provides financial support for : Effortable house, first house buyer and rent to own while enable foreigner to buy houses > RM600k, these will help to push lower end properties sales, high chance Vivocom will benefit from these grants, let's not stop people to invest their $ at their own risk too ....hehehe.......
12/10/2019 1:31 PM
Siva68 Trying to get a clearer picture.
The affordable housing projects in Malaysia has been going on for a few years already.
Vivocom, got some around 2016 but not sure how. After that no more for 2 years plus, Why?
14/10/2019 3:01 PM
Siva68 Why is that for this coming year after the budget, some thinks that Vivocom will some new ones?
If it's a full fledged Construction company than they should have been getting projects continuously for the last 2 years plus.
14/10/2019 3:04 PM
Siva68 Anyway. For myself. I'm not keeping any high hopes on this counter.
I hold this company shares today but cannot sell.
I also cannot afford to buy or accumulate just because it'scheap today.
Reason being, I also don't know where exactly is this company moving.
14/10/2019 5:05 PM
Siva68 Very soon the company's Happy Days will end!
They know ' What they Did'!
14/10/2019 5:12 PM
Jokers2020 seem that the Director want this co to be delisted after they hv suck investor hard earn money
14/10/2019 5:12 PM
Sales See u guys! I sold all and shifted to Netx. Netx got more chances to ho up. Next year is Digital year. Hope to see you guys there. Bye!!!
15/10/2019 9:02 PM
JK22 5G ecosystem and National Fiberisation , any chance and benefit to Instacom?
16/10/2019 3:46 PM
ktsk88 Posted by JK22 > Oct 16, 2019 3:46 PM | Report Abuse

5G ecosystem and National Fiberisation , any chance and benefit to Instacom?

Possibility will have some but scare their reputation is ruined by their Mgmt.
16/10/2019 3:56 PM
ktsk88 Not even a single Directors or CEO coming out to brief on the company status.
16/10/2019 3:57 PM
JK22 Any idea what are their current project in progress. Visible projects ? Constructions is sometimes we can see right ? Base on last quarter report. It was stated that their construction segment are in preliminary stages (hence lower progress billing ) and will pick up by the 3rd Quarter. Should we expect a better report coming month ?

Then the Aluminium segment high contribution last quarter due to several project ramping up completion ( Are there still any others near complete project left for 3rd quarter ( Any advice , which project ? visible site ? )

Telco biz , no comment , but if manage to get some benefit from Budget 2020 5G and national fiberisation will be an extra.
16/10/2019 4:10 PM
johntan788 Instacom will be benefiting from national fiberisation.
16/10/2019 5:36 PM
Siva68 For the moment is a wait and see game.
Because from their last major acquisition,
It has been around 3 years for them hardly announcing something continuously in their order books to show shareholders that the company is progressing.
17/10/2019 1:45 PM
Siva68 Aluminium contribution is the only thing that their doing proper.
Telco tower, not sure what's their progress.
Construction? What happened after their last Big projects they got 3 years ago? Why no continuous new ones?
17/10/2019 1:58 PM
Siva68 Yes. Receivables especially from the one off Low cost housing projects they got.
The company has been manoeuvring till to date where exactly the profits has gone to.
17/10/2019 3:33 PM
miniminer Ha...no transaction today !!
Obviously management is keeping information away from investors, no announcement on projects since PH days, AGM was arranged out of West Malaysian reach, no answer for few hundred millions of AR, thus, you may get surprise at some points that can turn both way -ve or +ve....so your call : big, small or others.........hehehe..................
17/10/2019 5:23 PM
BN_better Under BN don't hear so many problems. PH not good main reason?
18/10/2019 11:04 AM
5c0160 when vivo go up the sun will rise from the west.
18/10/2019 8:03 PM
Bustardsharwmaker Vivo Pn17
20/10/2019 6:33 AM
Sales Cut loss and go to Netx. Just my two cents.
20/10/2019 9:14 AM

  21 people like this.
 
PandaMan If want u sapu put unlimited of 3000 lots la...
18/10/2019 4:08 PM
roger3210 Post removed. Why?
18/10/2019 4:12 PM
PandaMan Don't u think retailer not buying at all?@
18/10/2019 4:17 PM
hello One by one announcement came out, first with minister Loke on rail system, second with minister Gobind on industries 4.0, next would be major infrastructurer details (BM) with minister LGE. Stay tuned!! Hold tight!!! Fasten your seatbelt!!!
18/10/2019 4:23 PM
Hunger4money Operator block at 0.79 and collect at 0.785, very smart move.......
18/10/2019 4:30 PM
PandaMan 2020 is tun year... Although wawasan 2020 can't be archived... But he still will make its happening...
18/10/2019 4:32 PM
PandaMan U know, normally old man that already hv everything will only chasing his own dream n honour for rest of their kife
18/10/2019 4:35 PM
coolinvestor Haha looks like these ppl wanna push down to scare ppl into selling... but not much volume, nobody selling.
Stupid useless traders lol
18/10/2019 4:35 PM
PandaMan *life
18/10/2019 4:35 PM
roger3210 Post removed. Why?
18/10/2019 4:37 PM
hello My advice for all, stop playing contra with this counter. After you bought, trust that you understood why bought it. Forget about daily ups and downs. Go for long term with minimum TP 3.00.
18/10/2019 4:45 PM
Akukakijudi Nothing to see here. Come back next week
18/10/2019 4:45 PM
roger3210 Post removed. Why?
18/10/2019 4:47 PM
roger3210 Post removed. Why?
18/10/2019 4:51 PM
PandaMan Now retailer not buying... All just left hand to right hand by operator... Plus small fish that panic
18/10/2019 5:03 PM
PandaMan U can see many single transaction with more than 1000lots either buying or selling... They are manipulate the price
18/10/2019 5:04 PM
roger3210 Post removed. Why?
18/10/2019 5:05 PM
Lukesharewalker Jerk up but fall...possible distribution all this while
18/10/2019 5:14 PM
PandaMan Y they want to make price drop... To scare u to sell all the tickets at your hand...
18/10/2019 5:28 PM
Hunger4money Agreed with PandaMan, otherwise how they make money!!! When no one throw out the tickets, they will have no choice but to push up the price!!!
18/10/2019 5:39 PM
Trouble Huat Long term tp 0.3 is it? Haha
18/10/2019 6:26 PM
BaybieShark Long term price 0.15
18/10/2019 6:34 PM
PandaMan Like for trouble huat
18/10/2019 8:30 PM
PandaMan Hope u can get this price n we can top up more
18/10/2019 8:32 PM
Alex1985 Truble huat and roger3210 acc suspended.
:)
18/10/2019 8:49 PM
alanleeky 机会是留给有准备的人....是你吗?
18/10/2019 9:14 PM
Syndicates While market is rest for two days, let's find something interesting about our tan sri.


https://www.google.com/amp/s/www.chinapress.com.my/20191013/%25E6%259E%2597%25E6%2598%258E%25E7%25A5%25AF%25E5%25A7%258A%25E5%25A4%25AB%25E6%2598%25AF%25E7%2599%25BE%25E4%25BA%25BF%25E5%25AF%258C%25E5%2595%2586%25EF%25BC%259F/amp/

Who is the husband mentioned in this article? Botak lim? Desmond Lim? Uncle lim? Kok thay Lim?
18/10/2019 9:18 PM
Trouble Huat Suspended? Cz comment fact? Haha
18/10/2019 9:59 PM
aiaili PUKIMAK..., SAPE REPORT AKU HUH...? KASI AKU SUSPENDED 24JAM.. MACAM GAGU TAU.. PUKIMAK.., JGN BAGI AKU TAU SAPE REPORT AKU.. 小心生子无SIFAT, 生女无FETFET,
PUKIMAK BETUL...
19/10/2019 12:28 AM
Lukesharewalker Finally news came out in the Star. Best of luck with our flip flop government. May be a decision will be made in a year or two...always pinceful of salts with PH
19/10/2019 1:33 PM
goodiewilly The Star news to premier readers, who can paste the whole news here?
19/10/2019 2:15 PM
goodiewilly Syndicates, dont feel jealous lor, ex Miss Tiong Wah and Taiwan celebrity, may be dull are his Gfs...you check the daughter photo then you know who is her dad ..
19/10/2019 2:16 PM
goodiewilly https://www.thestar.com.my/business/business-news/2019/10/19/bandar-malaysia-conundrum
19/10/2019 2:21 PM
goodiewilly Botak may accept to bear the bond if the cost of BM reduce more than RM2B...haha...Botak to make more if Eko n IWCity both RM3 n above
19/10/2019 2:23 PM
EVO118 goodiewilly

Any chance of you copying that news in the star & paste it here. You need to subscribe ti the star to be able to read it.
19/10/2019 3:23 PM
limen12 The only thing written there is the issue with bond. Is there any longer version than that ?
19/10/2019 3:24 PM
EVO118 limen12

Notice there is a padlock sign. That means if you log in there is longer version of that news. They call it "Star Biz Premium".
19/10/2019 3:29 PM
Chris Wong monday something coming.hehe
19/10/2019 4:11 PM
Bursalord888 https://m.malaysiakini.com/news/483894

Ph is slow and not steady.
19/10/2019 4:25 PM
JJchan 2bil short term bond ( 5-7yrs) could draw atleast 100mil (payment) per year....Given BM profit margin around 500mil....the bond payment eats 20% of the profit ( very sticky point indeed )....
just my estimate. The real point is "where is the 2Bil now? "
19/10/2019 4:50 PM
limen12 the stupid star article can't even log in to subscribe to premium account. -.-
19/10/2019 4:53 PM
limen12 can anyone who already bought the premium, just copy and paste the words here. PLEASE AND THANKS IN ADVANCE.
19/10/2019 4:54 PM
Bursalord888 https://www.thestar.com.my/business/business-news/2019/10/10/mega-project-boost-for-budget
19/10/2019 5:20 PM
Bursalord888 The state government-owned project, which has come under heavy criticism over its cost and delays in completing the RM305mil feasibility study, will consist of three toll-free roads and a tolled tunnel. Another mega-project expected to be announced by Finance Minister Lim Guan Eng for the year ahead is the commencement of the revived RM140bil Bandar Malaysia project.

The signing ceremony for this project, sources said, would take place within a week from the budget announcement, with the government expected to reveal further details on the project.
19/10/2019 5:23 PM
JJchan Botak must Not accept the 2bil Bond....Bond payment is Real and Fixed.....140Bil BM GVD is
just a estimate "throw-in" by Najib & Gang.....What is Real is "market price on Condo"? This valuation change with "rakyat purchasing power and Bank Negara BLR for Luxury Condo.....EKO
Johor Baru Condo holding Cost is killing 2019 Qr. results
19/10/2019 5:49 PM
goodiewilly Cant open the link..anyone can share? It showed in today's The Star press
19/10/2019 5:51 PM
Lukesharewalker https://sharewalkerranch.blogspot.com/2019/10/ekovest-latest-stumbling-block.html
19/10/2019 10:11 PM
hello Haha...from all the good news suddenly switch gear to all the negative news? So fast jump into conclusion that it"s a U-turn decision of government while negotiation is still on-going (maybe reaching final stage before finalising)!! The key trader who wants to collect cheap stock by trying to scare you to death!? Woohhh..what a vicious approach!!! Rm140bil government involved project can be this playful and childish? I leave it to all of you to think twice!!!
20/10/2019 2:10 AM
hello https://www.thestar.com.my/business/business-news/2019/10/10/mega-project-boost-for-budget read carefully: the signing ceremony "would" take place within a week, not "will" take place. So, can it be on next Monday?Tuesday? or never going to happen? Has negotiation been called off? ~ a big "NO" !!! We will see. But please don't jump the gun. Ok?
20/10/2019 2:21 AM
Mr. Jupiter "Meanwhile, the government has finalized the Bandar Malaysia project and the relevant agreements should be signed by this year-end, Lim said."

https://asia.nikkei.com/Business/Markets/Nikkei-Markets/Malaysia-expects-consumption-and-commodities-upturn-to-drive-growth
20/10/2019 9:11 AM

  17 people like this.
 
SDNBHD kariwong9394 For those who still holding is better run away..3.06 bye....Don't said l never say.

Any buy or sell is your own risk..

kariwong9394 : pls use ur brain to comment here... we got alot of cash to hold this share. unlike you buy , 1, 2 lot but still unable to hold wtf! get a life kid.
17/10/2019 5:16 PM
monetary A new big kaki just join in? Welcome. Ur support is v much needed.
17/10/2019 6:06 PM
7300 sunflower# pendek are thost use idss to sell........all waiting to follow foreign fun.....big kaki buyer ahsnt wake up
17/10/2019 6:31 PM
OngKawKaw USA tu privatization sudah rejected. Good news kah?
17/10/2019 8:26 PM
OngKawKaw Besok boleh terbang kaw kaw tak?
17/10/2019 8:26 PM
Goldgent Foreign portal praised Genting success
https://calvinayre.com/2019/10/17/casino/genting-bhds-rising-profits-allow-interim-dividend/

Wonder local newspaper will copy or not?
17/10/2019 9:36 PM
investortrader88 General Announcement (201910173000368)
Company Name GENTING MALAYSIA BERHAD
Stock Code / Short Name 4715 / GENM
Date & Time Announce 17/10/2019 07:34:15 PM
Subject Reply to Query

Content
Genting Malaysia sued over Empire Resorts privatisation
GENTING MALAYSIA BERHAD ('GENM' OR 'COMPANY')I. PROPOSED ACQUISITION BY GENM OF
SHARES IN EMPIRE RESORTS, INC. ('EMPIRE') FROM KIEN HUAT REALTY III
LIMITED ('KH')II. PROPOSED JOINT VENTURE BETWEEN GENM AND KH TO PRIVATISE
EMPIRE
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

free website hit counter
17/10/2019 9:38 PM
Junx "OngKawKaw USA tu privatization sudah rejected. Good news kah?"

Source?
17/10/2019 9:59 PM
Goldgent GenM has clarified the matter.
Shareholder also understood the Catskill matter since two months ago..
Stock price remain unchange on 17/Oct.

So let's all GenM shareholders move on.
Do respect our uncle & auntie, do not further confuse them.
18/10/2019 4:27 AM
Sunflower01 Happy friday
Ongmali$$$$$$$$$$$$$$$$$$$$$$$$$$
sure win
18/10/2019 5:17 AM
monetary Tax hike X
Catskill is a black hole X
Scarp of special div X
Empire litigation √
Out door theme park X

Seems like only 1 worry left.
18/10/2019 5:29 AM
Sunflower01 See so many good ppl around us
Ongmali$$$$$$$$$$$$$$$$$$$$$$$$$$$
Sure win
18/10/2019 6:41 AM
monetary nature law. if something doesn't kill us, it makes us stronger. GenM has been killed many times. it survives.
18/10/2019 7:21 AM
Alan Genm Buy on weakness....no point regret later
18/10/2019 8:10 AM
Alan Genm Thanks LKT for giving another opportunity to collect low ...once outdoor theme park operating early next year ....you know and i know VMY 2020
18/10/2019 8:12 AM
JaBerry Genm is good dividen compare to bank.
18/10/2019 9:39 AM
masterus Psiptek
Market Capital (RM) 47.85m
Number of Share 435.04m
EPS (cent)* 0.69
P/E Ratio 15.94
ROE (%) 1.25
Dividend (cent)^ 0.000
Dividend Yield (%) 0.00
Dividend Policy (%) 0
NTA (RM) 0.550
18/10/2019 11:08 AM
cmchan11 http://www.theedgemarkets.com/article/genting-malaysia-focus-mass-premium-market?type=corporate
18/10/2019 12:12 PM
dompeilee Lim Co(k Thay...supposedly the richest tycoon in M'sia...shamelessly using shareholder fund$ to rescue himself...because this yr onwards, no more income from Starwood casinos in the US(income which he never shared a single CENT with minority shareholder of Gent & Genm)
18/10/2019 2:58 PM
Musang King Sad that GenM is down 1 sen. Yesterday many buyers at RM3.06 and today many sellers at RM3.05 last minute. What the hack?
18/10/2019 5:14 PM
Goldgent Our super yacht on the news again.......
https://www.mansionglobal.com/articles/former-superyacht-of-fugitive-businessman-jho-low-hits-the-market-208382
19/10/2019 9:17 AM
monetary if sold at 200mil USD each share can get 14c MYR. March special div confirmed!
19/10/2019 12:43 PM
Sunflower01 Before buying did our shareholder first
19/10/2019 1:23 PM
Sunflower01 Our concern first if use our fund
19/10/2019 1:23 PM
Goldgent It's quite good beside helping our beloved country.
While waiting for sale, can rent out U$1.23 million per week.
One rental yielded 0.97% from the purchase price, U$126 million.
If able to get 5 rentals per year, then already U$6.15 million (4.88% yield).
19/10/2019 1:39 PM
dompeilee So desperate to sell? Just bought for 126 mil, now asking only 200 mil? Enough to cover losses in Empire???
19/10/2019 2:51 PM
dompeilee Co(k Tay said during AGM that it would cost $400 mil to purchase brand new...now willing to sell for 50% discount? Not enough high rollers to entertain? Casino biz that bad?
19/10/2019 2:53 PM
KingOfStock lim kok thai control the share price recently, pls stay away and don't get trap!!!
19/10/2019 6:56 PM
monetary so many good stocks in klse why holding genm or gen but keep complaining? need stock recommendation?
19/10/2019 7:15 PM
monetary 5G play suit u? How about industry 4.0? e wallet? national fiberisation? automotive?
19/10/2019 7:40 PM
Aristocats LKT, desperate to sell super yacht kah?
Wah, genm cash crunch kah?
LKT is useless, why buy super yacht in the first place.
No brain MD.
19/10/2019 7:47 PM
Aristocats The former superyacht of fugitive Malaysian financier Jho Low is back up for sale, according to a new listing.
“Tranquility,” a luxurious 300-foot vessel formerly known as “Equanimity,” and stocked with lavish amenities, including a helipad, elevator, spa wing and full chef’s kitchen, hit the market again late last month with brokerage Camper & Nicholson.
========

Equanimity Became known as Tranquility.
Next Tranquility will change name to Volatility.
19/10/2019 7:58 PM
Ncm88 Looks like genting feng shui broken, time to go up and become god of gambler
19/10/2019 8:02 PM
5354_ Why buy in 1st place to sell later?

Posted by Aristocats > Oct 19, 2019 7:47 PM | Report Abuse
LKT, desperate to sell super yacht kah?
Wah, genm cash crunch kah?
LKT is useless, why buy super yacht in the first place.
No brain MD.
19/10/2019 9:31 PM
5354_ Who dare to buy Jho Low yacht now?
19/10/2019 9:32 PM
5354_ Genting puts Jho Low’s former yacht back on sale
https://www.themalaysianinsight.com/s/191488
19/10/2019 9:41 PM
TrippleZ You must be living in rock if you don't know why LKT buy the yacht.
19/10/2019 9:41 PM
5354_ If I don't know would you mind tell me why?

Posted by TrippleZ > Oct 19, 2019 9:41 PM | Report Abuse
You must be living in rock if you don't know why LKT buy the yacht.
19/10/2019 9:55 PM
TrippleZ Official statement: “The acquisition of the Equanimity forms part of our strategy to differentiate ourselves from our regional competitors by providing us with a unique and competitive edge for our VIP customers"

Unofficial statement: Because we need to help PH solve 1mdb mess.
19/10/2019 10:13 PM
5354_ Why want to sell in latest news?
19/10/2019 10:15 PM
TrippleZ Is it not obvious enough? LKT already solved PH problem. Now LKT want to solve his the burden with this yacht.
19/10/2019 10:21 PM
Kenny Yap Why think so complicated!? Can't businessman buy cheap from government & sell for huge profit via re-branding!?
19/10/2019 10:53 PM
Kenny Yap To see it positively... move up share price... issue special dividend like AA if deal successfully.
19/10/2019 10:54 PM
Goldgent According to an earlier news, the super yacht is extremely popular with yacht enthusiasts across the globe.
https://www.malaymail.com/news/life/2019/08/07/tranquility-superyacht-incredibly-popular-with-connoisseurs-says-charter-ag/1778407
19/10/2019 11:23 PM
monetary wa law. so gemourous. whoever rent the boat can have chance to xxx famous celebrities like Paris Hilton. lol!
20/10/2019 2:31 AM
investortrader88 https://www.straitstimes.com/asia/se-asia/superyacht-linked-to-1mdb-and-jho-low-up-for-sale-again
20/10/2019 8:19 AM
dompeilee Special dividend? Dream on lah...more like plugging the black hole called RW Catskills!
20/10/2019 8:31 AM
monetary GenM has 1 hole & we know it's depth. Gen has 2 holes coming. depths remain unknown. Lol!
20/10/2019 9:02 AM
monetary But m sure all holes will b filled. no pt to bad mouth each other. if so immature better stay away from stock market. here is not for kids.
20/10/2019 9:04 AM
OngKawKaw S hole lah tu orang kan
20/10/2019 9:08 AM

  16 people like this.
 
DK66 https://ihsmarkit.com/research-analysis/power-shortages-imminent-vietnams-power-demand-expands.html
18/10/2019 11:33 PM
ELLIPSE08 Good morning my good friends,

It was pride that changed angels into devils. It is humility that makes man an angel. Saint Augustine.
19/10/2019 8:34 AM
ELLIPSE08 I3value,

Do not have to prove others wrong, I still remember when I ganged with Icon88888 promoting t is a better bet to hold the warrant for long term than the mother shares, you are one of them who are trying hard to prove us wrong.
19/10/2019 8:55 AM
ELLIPSE08 Now you still has the guts to say Sslee is wrong and I am hopeless.
19/10/2019 8:57 AM
ELLIPSE08 If you think you no say anything is better than you say something, then it is better not to say anything.
19/10/2019 8:58 AM
ELLIPSE08 DK66 knows who am I.
19/10/2019 9:00 AM
greatwall orang gila
19/10/2019 9:19 AM
Nikmon I3 not lack of joker
19/10/2019 9:29 AM
ELLIPSE08 Joker, orang gila...
Whatever you called
But
People see you a person who had not learnt from the wisdom
"If you keep quiet is better than you say something, then keep quiet"

Learnt?

You do not need everybody to tell you jaks is a good buy then only you can sleep well.
19/10/2019 9:38 AM
Nikmon APL never learn, mall keep until million million loss, H&M also abandon ship already..fail to sell how many years already,,
19/10/2019 10:52 AM
i3Value Read properly before you comment.

I have been holding Jaks since Dec 2018.

I don’t recall you ever promoting Jaks son or mother when naysayers were saying nasty things to us for buying Jaks. People were calling us stupid, sure bankrupt etc

————-

Posted by ELLIPSE08 > Oct 19, 2019 8:55 AM | Report Abuse

I3value,

Do not have to prove others wrong, I still remember when I ganged with Icon88888 promoting t is a better bet to hold the warrant for long term than the mother shares, you are one of them who are trying hard to prove us wrong.
19/10/2019 11:03 AM
greatwall orang gila cant read!
19/10/2019 11:09 AM
ELLIPSE08 I3value,

Less than 10 seconds I found this comment of yours.

Stock: [JAKS]: JAKS RESOURCES BHD

Nov 30, 2018 1:44 AM | Report Abuse

No understand what Jaks management doing.

Already know results so bad some more want to issue warrant. Who going to buy the warrant now? In short time since fix warrant exercise price and selling price, share price already fell 35%. Tomorrow going to fall some more. From monthly accounts they already agak know the quarter performance. Management doing what?


Not to prove you wrong
Just to share with you the wisdom

"If you think keep quiet is better than you say something, then do not talk."
19/10/2019 11:24 AM
latuk there u see. drop one day all kinds of negative comments come out. go up one day these people will u turn immediately.
19/10/2019 11:37 AM
latuk no standard lah
19/10/2019 11:38 AM
latuk Fundamentals of a company dun change everyday. Have faith in the company and ALP(he owns 1000 times more shares than anyone of us). Stay with your commitment if u want to make big money.
19/10/2019 11:53 AM
ELLIPSE08 I was one of the one concurred with Icon88888 view, sold mother bought the son.
19/10/2019 11:55 AM
i3Value Ellipse08, you are choosing what i write. I am not that kind who agree with everything management do just because i am shareholder. If the move is good, it is good. If the move is not good, then it is not good. I don’t try justify a not good move just because i am a shareholder. From what you write, i know you will not understand this.

Anyway, i can see that you have problem understanding matters and comprehending what others write. Also you have ill intention. As such, i wont be responding to you anymore. You are a waste of time.

I know you will go on to bad mouth me. Enjoy yourself.
19/10/2019 11:55 AM
ELLIPSE08 That was time, we looked so stupid in the eyes of many people here, of course, i3value is one of them
19/10/2019 11:58 AM
Nikmon Indeed right issue during that time is bad and stupid move, although I profit a lot from warrant, haha, APL sure crying when he knew the subscription so low....it called failure and call PP after that.
19/10/2019 12:06 PM
ELLIPSE08 I3value,

I am consistent with my view on Jaks.
Read my comment carefully
Did i say jaks no good?
I only beh-ta-han with those kiasi - kiasu people like you, talk with a biased mind, focus on the price, not on the risk and gain of the power plant and the management and the company business in total
19/10/2019 12:09 PM
ELLIPSE08 May be it is you who has problem to understand human psychology.
I have no problem to earn money slowly or later, as long as the man I hate does not earn faster than me.
19/10/2019 12:19 PM
ELLIPSE08 I3value,
It is not waste of time to read my comment
There are time I share some wisdom to make you a better person

Examples
1. Keep quiet if it is better than you say something
2. Humility makes a man an angel

No good?

Or you prefer these
HUAT ah.. ..
ONG ah....
Lai liaw.....
Quick, quick buy.... TP20
19/10/2019 12:53 PM
ELLIPSE08 Bye-bye

Sorry for any dislike caused.
19/10/2019 12:56 PM
Nikmon Passed by pacific again, can certain that progress terrible slow, 100% certain that it will only able to complete after power plant completed ..why APL still fly kite at home.
19/10/2019 3:42 PM
DK66 Nikmon, any chance the retail portion operating before year end as predicted by the management ?
19/10/2019 4:30 PM
DK66 Ellipse08,

I think now I know who you are. I m glad that you bought back Jaks.
19/10/2019 4:37 PM
VIN3133 Dear DK66
Regarding the proposed arrangement mentioned earlier by our friend to visit Vietnam power plant,
my view now is that it is not necessary as we are sure it is in very safe & capable hands ( China JV majority partner) and it is in advanced stage & ahead of schedule as seen from the news media & video clips posted by our members .
Our main concern is regarding the M'sia property businesses & their current position and its impact .
Maybe DK66, as the good samaritan, together with your chosen persons , can make arrangement to interview ALP to get first hand updates on the current position from him personally.
Your efforts will be well appreciated by all of us here .
TQVM
--------------------------------------------------------------------------------------------------------------------
Nikmon>Passed by pacific again, can certain that progress terrible slow, 100% certain that it will only able to complete after power plant completed ..why APL still fly kite at home.
19/10/2019 3:42 PM
DK66>Nikmon, any chance the retail portion operating before year end as predicted by the management ?
19/10/2019 4:30 PM
19/10/2019 5:50 PM
Nikmon Dont think so, no brand banner been put up, doubt it would be ready by year end.
19/10/2019 6:02 PM
Nikmon APL would said
Evolve mall is improving, new senior manager on board to cut cost, but in fact all the outlet cease business.....
We completed star building, pending on ccc, we are working on it

This fellow fail his inheritate pipe business, than fail in property, pp also almost fail until CCEC come and bailout.
19/10/2019 6:09 PM
Nikmon Any got APL success story to share....
19/10/2019 6:12 PM
edkfc Nikmon...APL was born for such a time as this , getting the Hai Duong contract against all odds , partnering a giant CCEC with favorable deal and tenaciously endured for 10year to see his baby coming to fruition ! A man may fall many times, if he can get up each time , learning from his past and moving forward towards his goal ...he has a futur . Kudos. PTL
19/10/2019 7:28 PM
VIN3133 Then DK66 will be able to more or less assess the M'sia business impact degree ( be it improving or otherwise ) on JAKS's overall financial position .
It is good & useful to know.
TQVM
19/10/2019 7:40 PM
VIN3133 Agree.
It was no mean feat to compete with all other giants to secure this huge contract .
ALP should be applauded for securing this huge contract .
----------------------------------------------------------------------------------------------------------
edkfc>Nikmon...APL was born for such a time as this , getting the Hai Duong contract against all odds , partnering a giant CCEC with favorable deal and tenaciously endured for 10year to see his baby coming to fruition ! A man may fall many times, if he can get up each time , learning from his past and moving forward towards his goal ...he has a futur . Kudos. PTL
19/10/2019 7:28 PM
19/10/2019 7:49 PM
DK66 VIN3133, I do not want to waste my time meeting the management knowing that they will not tell me anything I don't already know.

Below is extracted from the 2018 Annual report.

" Operational review of Property Development & Investment division

The Property Development & Investment division contributed revenue of RM107.8 million (before the provision for RM32.3 million LAD and the RM50 million disputed performance liability) in the financial year 2018 compared to RM143.0 million (before the provision for RM8.1 million LAD) in the previous year. The Property Development & Investment division incurred a loss before tax of RM117.4 million in the financial year 2018 as compared to a profit before tax of RM42.2 million in the preceding year. The loss was mainly due to the charge out of RM50 million disputed performance liability and LAD of RM32.3 million. This division faced competitive pricing as the property market slowed down in 2018. The investment property at at Ara Damansara in Petaling Jaya has yet to optimise its yield and with high operating, depreciation and financing expenses, the results of the Property Development & Investment division was dragged down.

The current ongoing mixed development project at Section 13, Petaling Jaya known as Pacific Star achieved sales to-date of RM951 million (2017 : RM915 million), being 86% of the total gross domestic value (“GDV”) of approximately RM1.1 billion. The GDV and sales to-date included the Pacific Star Business Hub (“Business Hub”) which was sold to another subsidiary within the Group. The Pacific Star project is expected to complete by end 2019 and the Group will take a step back from the property development sector for the time being in view of the current property market landscape. As at the end of March 2019, the Group has unbilled sales of RM203 million from its property development projects, giving the Group earnings visibility for the coming years. The Business Hub at Pacific Star which is a four-storey retail and commercial centre, is expected to be completed in the second half of 2019 and will be operational before the year end. This commercial centre will serve the residents and offices from the surrounding established neighbourhood. "

You may like to ask edkfc to share his experience with the management during the AGM.
19/10/2019 8:52 PM
Windy1974 DK66. Appreciate if you could help answer some of below for me?
1. Star BG RM50mil losses have been accounted for in previous quarter right? So, no more future potential losses from BG except potential LD from Star? Maximum 10% LD?
2. Pacific Star & Evolve Mall. Anyway to know the cost of these projects? Or book value?
3. What's the potential maximum future LD for this 2 project? Presume Evolve Mall's completed so more like operational loss?
4. Net asset per share for JAKS currently RM1.34? Any possibility being inflated figure? If yes, potentially how much?
19/10/2019 8:57 PM
VIN3133 Thank you so much for the informative AR extract , DK66
-----------------------------------------------------------------------------------------------------------
DK66>VIN3133, I do not want to waste my time meeting the management knowing that they will not tell me anything I don't already know.
19/10/2019 9:14 PM
DK66 Windy1974,

I m sorry to disappoint you. I can't answer your questions on the potential LAD. I believe even the management will not know the the final LAD for the pacific star until it is finally completed and handed over.

RM50m BG losses fully already taken up in 2018. No more losses from BG except that the Star is now claiming on Jaks' corporate guarantee.

Evolve mall has a book value of RM320m as at end of 2018. Management guided a market value of RM400m.

Evolve mall already completed, no further capitalization allowed. Further expenditures on the property will be taken up as expenses except if it is related to expansion.

Jaks has made provisions for LAD almost every quarters. I suppose already verified by the auditors to be sufficient up to end of the respective quarters.

Net asset per share as at 30/6/19 was RM1.47. The goodwill of RM148m is questionable and the potential addition of RM308m to investment in JV. Net effect would be additional RM0.25 to net asset per share.

Hope I've helped.

Thank you

-------------------------------------
Windy1974 DK66. Appreciate if you could help answer some of below for me?
1. Star BG RM50mil losses have been accounted for in previous quarter right? So, no more future potential losses from BG except potential LD from Star? Maximum 10% LD?
2. Pacific Star & Evolve Mall. Anyway to know the cost of these projects? Or book value?
3. What's the potential maximum future LD for this 2 project? Presume Evolve Mall's completed so more like operational loss?
4. Net asset per share for JAKS currently RM1.34? Any possibility being inflated figure? If yes, potentially how much?
19/10/2019 8:57 PM
19/10/2019 10:06 PM
Windy1974 DK66,
Thanks and have been helpful. I presume Nikmon is in construction so he would know ALP & JAKS better. Honestly, I have asked about comments previously about ALP but I didn't recall any comments from i3. Well, I don't blame abundant of skeptics with JAKS or ALP past records. Indeed, I wouldn't invest in JAKS if it's not because of the Vietnam Power Plant. Even with the VPP, I won't invest if it's run by ALP. (No offense ALP)
Now, as a businessman, I need to give credit to ALP for securing a USD2B power plant and getting a 30% share holding at virtually 0 cost?? (DK66, please verify how much JAKS needs to put in OWN money? When I said OWN money, I mean exclude profit from the EPCC contract. To me, JAKS is doing nothing to get that EPCC profit)
If I were ALP, I would admit defeat and just sit back and let the Chinese runs the business. I am being conservative, assuming RM120m net a year for 25 years = RM3B. This is super duper conservative figures because the plant cost RM8B to build. 30% of RM8B is RM2.4B. Who in the right mind would use RM2.4B to earn RM3B in 25 years?
Assuming JAKS just become an investment holding company. Total net income over next 25 years will be RM3B. Assuming ALP only holds 20% in JAKS (I assume he doesn't use nominees, which I doubt), by doing nothing, he will have a net worth of RM600mil in 25 years time. I own around 0.7% JAKS shares and my share of the profit would be RM21mil over 25 years. That's almost RM800k a year. Not bad right. Yeah, you bet I gonna push ALP to distribute dividends and sit there and don't venture into anything else.
Honestly, I am not keen about JAKS venturing into solar power generation. The return is very slow. ALP please stop doing more investment and you would become top 100 richest men in Malaysia.
BTW, I asked about potential LAD because in my industry, maximum 10% LAD

Windy1974,

I m sorry to disappoint you. I can't answer your questions on the potential LAD. I believe even the management will not know the the final LAD for the pacific star until it is finally completed and handed over.

RM50m BG losses fully already taken up in 2018. No more losses from BG except that the Star is now claiming on Jaks' corporate guarantee.

Evolve mall has a book value of RM320m as at end of 2018. Management guided a market value of RM400m.

Evolve mall already completed, no further capitalization allowed. Further expenditures on the property will be taken up as expenses except if it is related to expansion.

Jaks has made provisions for LAD almost every quarters. I suppose already verified by the auditors to be sufficient up to end of the respective quarters.

Net asset per share as at 30/6/19 was RM1.47. The goodwill of RM148m is questionable and the potential addition of RM308m to investment in JV. Net effect would be additional RM0.25 to net asset per share.

Hope I've helped.

Thank you

-------------------------------------
Windy1974 DK66. Appreciate if you could help answer some of below for me?
1. Star BG RM50mil losses have been accounted for in previous quarter right? So, no more future potential losses from BG except potential LD from Star? Maximum 10% LD?
2. Pacific Star & Evolve Mall. Anyway to know the cost of these projects? Or book value?
3. What's the potential maximum future LD for this 2 project? Presume Evolve Mall's completed so more like operational loss?
4. Net asset per share for JAKS currently RM1.34? Any possibility being inflated figure? If yes, potentially how much?
19/10/2019 8:57 PM
19/10/2019 10:06 PM
19/10/2019 10:28 PM
DK66 US$30m

----------------------
DK66, please verify how much JAKS needs to put in OWN money? When I said OWN money, I mean exclude profit from the EPCC contract. To me, JAKS is doing nothing to get that EPCC profit
19/10/2019 10:44 PM
DK66 Windy1974,

You may like to read this article;

Jaks Resources - An excellent joint venture deal with CPECC
https://klse.i3investor.com/blogs/Jaks%20resources/226058.jsp
19/10/2019 11:27 PM
Nikmon Haha, I'm not in construction line....check APL interview live...just terrible.

BTW, they way he buying back the car park does raise red flag....sice APL own both company, it would be nonsense not getting any benefit from this deal.

Write a love letter to SC, this may be a COI case.
19/10/2019 11:44 PM
Nikmon First 6 months free parking too boots the traffic, but jaks incure all the car park maintenance cost but subsidiaries gain from ternant directly.
20/10/2019 12:04 AM
DK66 Car park in Selangor is good business. So long as the deal is done at arm's length and fair valuation, there is no issue of unfair practices. In fact, in the future, the car park could prove to be lucrative and stable business to Jaks especially if Pacific Star Mall turns up well patronized by shoppers.

More importantly, the RM50m BG resulted in the indebtedness of the JV. In the eyes of Jaks, isn't it a better option for Jaks to be have the debts settled even in kind as opposed to leave the debts in book until don't know when.

This represents a settlement of inter-company balances by way of contra with car parks. No cash flow involved. Hence, it will not affect the cash flow of Jaks.
20/10/2019 12:09 AM
Nikmon Who gonna pay for the car park maintenance after SnP completed....jaks. No ccc yet are you sure not impact cash flow?

The money loan out without interest and portion use to pay salary, this is bad deal...now construction not done yet( no ccc yet how could you said done) but jaks need to pay for the inflated price....

You own parent company not the subsidiary, but now they allegedly use parent money to raise the kid.
20/10/2019 12:40 AM
Nikmon It is possible a conflict of interest case, SC could investigate and indeed find guilty, fine on the APL or jail
20/10/2019 12:46 AM
Nikmon You buy a restaurant accordance the market value, but you can't do business in six months....

If this the case, would you willing to take over the restaurant and inccure 6 months loss?
20/10/2019 12:54 AM
Nikmon The lose not 6 months only, the lose will pay by jaks for at least a year. Subsidiary benefit from the loss of jaks....no COI here?
20/10/2019 12:56 AM
SarifahSelinder Testing
20/10/2019 8:53 AM
SarifahSelinder U tahu berapa number of parking bays

U tahu berapa going parking rate kat PJ

U tahu berapa the purchase price paid

Jadi agak agak u tahu berapa PE n if fair
20/10/2019 8:57 AM


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