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share4u2019

Author: share4u2019   |   Latest post: Tue, 18 Aug 2020, 9:18 PM

 

Minetech is now officially new gold linked stock , excavation from rock to GOLD

Author: share4u2019   |  Publish date: Tue, 18 Aug 2020, 9:18 PM


Minetech Resources Bhd is a Malaysia based company primarily engaged in the production of quarry products, civil engineering works, production of asphalt premix products and production of bituminous products. The products produced by the company are sold to developers or contractors in the property development or construction sectors. Majority of the revenue is generated from the Quarry products segment. Quarry products division includes extraction and the sale of granite quarry products. It offers civil and property construction services, such as blasting, roads and drainage, earthworks, and water reticulation and sewerage. The company’s quarries and premix manufacturing facilities are all located in Malaysia..

MINETECH has 43 years (since 1977) of drilling and blasting business sevices now the company wanted to expand their business into gold mining business due to attractive gold price , decades of quarry mining experience has brought them an opportunity to participate in gold mining. this lead to form a MOU with bornoil:

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3077380

 

https://www.nst.com.my/business/2020/08/616424/bornoil-minetech-sign-mou-bukit-ibam-gold-mining-activities

 

Borneo Oil Bhd (BornOil) inked a memorandum of understanding (MoU) with Minetech Resources Bhd (MRB) to carry out mining works at Bukit Ibam, Pahang.

Both companies, via their respective wholly-owned subsidiaries, Borneo Oil & Gas Corporation Sdn Bhd (BOG) and Minetech Construction Sdn Bhd (MCSB), will work together towards the materialisation of a business contract which will involve BOG appointing MCSB as the contractor for mining works at Bukit Ibam.

MCSB, which specialises in rock blasting, civil engineering, construction and infrastructure development, is also involved in the business of mining and has the prerequisite equipment, expertise and personnel with experience in mining works.

MCSB is also currently undertaking mining excavation works at Selinsing Gold Mine at Sungai Koyan Kuala Lipis, Pahang, according to separate announcements to Bursa Malaysia 

 

 

 

To note, MRB executive chairman Datuk Awang Daud Awang Putera also sits on the board of Serba Dinamik Holdings Bhd as a non-independent and non-executive director.

BornOil's Bursa Malaysia announcement stated the collaboration with MCSB will reduce BOG's capital outlay required for the mining works and free up resources to continue with exploration works on other zones.

It will also provide the parties an opportunity to collaborate in the field of mining and to utilise each respective party's experience and strength, the filing added.

Under the MoU, MCSB will among others provide the plant and equipment for the purpose of excavation and qualified personnel to implement blasting activity.

To recap, BornOil had made an announcement to Bursa Malaysia on 6 August 2020 that it intends to proceed with excavation and mining on the first Zone of Bukit Ibam in Pahang, where it is believed to contain total resources of 22,200 ounce or 621,917 gm of gold in 1.66 million metric tons of ore with an average grade of 0.42 g/t.

The findings were made by Dr Yves Cheze, a member of the Australian Institute of Geoscientists as well as the Institute Geology Malaysia.

Dr Yves had also recommended for BornOil to develop the exploration of not only the immediate extension of the first zone but also in seven other zones within the mining area that have similar geology as they may hold significant potential for additional gold resources.

Back in May 2010, Perbadanan Kemajuan Negeri Pahang (PKNP)

signed an exclusive agreement with HDL Global Sdn Bhd (HDL) for the prospecting and mining rights to an area covering 1,200 hectares within Hutan Simpan Bukit Ibam in Pahang.

Subsequently in March 2015, BornOil, via an exclusive production sharing agreement with HDL, was granted sole and exclusive right to prospect, explore, mine, extract, process, sell and collect all revenue of sales with respect to all minerals and precious metals including gold over the said area.

Currently, an area measuring approximately 462 acres within the area has been issued with a mining lease on which BornOil is currently carrying out mining works.

At the conclusion of Phase 1 and Phase 2 of the preliminary exploration works on seven of the eight zones, an assessment of potential gold resources dated March 2019 was prepared by Dr Yves showing potential gold resources of 60,032 ounce or 1,866,943 gm (1.866 ton) of gold.

Gold prices have been on the rise, and, for the first time, breached the US$2,000 an ounce mark last week.

 

On the other hand, Borneo Oil Bhd (BornOil) group is set to 'strike gold' with its Bukit Ibam mining venture as the company intends to proceed with excavation and mining on the first Zone of Bukit Ibam in Pahang.

BornOil in a filing to Bursa Malaysia  said the site is believed to contain total resources of 22,200 ounces or 621,917 grams of gold in 1.66 million metric tons of ore with an average grade of 0.42 g/t.

The findings was also affirmed by Dr Yves Cheze, a member of the Australian Institute of Geoscientists as well as the Institute Geology Malaysia.

Dr Yves has also recommended BornOil group to develop the exploration of not only the immediate extension of the first zone but also in several other zones in the mining area that have similar geology as they may hold significant potential for additional gold resources.

To recap, back in May 2010, an exclusive agreement had been inked between Perbadanan Kemajuan Negeri Pahang (PKNP) and HDL Global Sdn Bhd (HDL) for the prospecting and mining rights to an area covering 1,200 hectares within Hutan Simpan Bukit Ibam in Pahang.

Subsequently, in March 2015, BornOil via an exclusive production sharing agreement with HDL, was granted the sole and exclusive right to prospect, explore, mine, extract, process, sell and collect all revenue of sales with respect to all minerals and precious metals including gold over the said area.

Currently, an area measuring approximately 462 acres within the area has been issued with a mining lease on which the BornOil is currently carrying out mining works.

The mining area, in turn, is divided into eight zones on which the BornOil group has been conducting detailed exploration works.

At the conclusion of Phase 1 and Phase 2 of the preliminary exploration works on seven of the eight zones, an assessment of potential gold resources dated March 2019 was prepared by Dr Yves showing potential gold resources of 60,032 ounces or 1,866,943 gm (1.866 ton) of gold.

BornOil is also continuing with exploration works on the other seven zones at an interval of three to six months for each zone.

Gold prices have been on the rise, and, for the first time, breached the US$2,000 an ounce mark a few days ago.

source https://www.nst.com.my/business/2020/08/614676/borneo-oil-has-significant-gold-resources-bukit-ibam-says-geoscientist



 

 

Minetech Resources Bhd executive chairman Datuk Awang Daud Awang Putera raised his direct stake to 24.12% or 255.76 million shares.

 

 

Not only aggresive share purchase from Datuk Awang, we can see insider private placement bought 10% of total share at 0.281

 

PRICE NOW AT 0.285 which we think is extremely cheap especially we could bought is nearly at same cost with Dato Awang and Private placement  purchaser

comparing with other gold related counter such as tomei pohkong ,we gave target price of minetech :

TP1 RM1 

 

Disclaimer:

Please be informed that our analysis are solely for education purpose; it is neither a trading advice nor an invitation to trade.
For trading advice, please speak to your remisier or dealer representative.
You are responsible for your own risk management
Do Your Own Due Diligence (DYODD)

 

 

 

 

Labels: MINETEC
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yip_net Gold profit margin sharing with Bornoil???
18/08/2020 11:04 PM

BERJAYA CORPORATION -WHY YOU MUST BUY FOR PENNY RALLY

Author: share4u2019   |  Publish date: Tue, 11 Aug 2020, 1:44 AM


Hi to all investors and traders!  Congratulation for people who follow us on stocks like  ICONIC, LKL, SMTRACK, these counters spike and limit up, we would like to share a counter that is very cheap and high chance to limit up.

Berjaya Corporation Berhad or BJCORP (Code 3395, Main Market, Industrial Product & Services)

There are reasons to look at the counter:

  1. Pharmaceutical related counter, recently collaborate with Bergamot selling face mask to fight covid19, BJCORP has ability to enter mask and glove sector.
  2. Last QR deliver good result with EPS = 7 cent, NTA RM1.2, the stock traded at RM 0.2 sens which is near 10 years low.
  3. Technical Chart uptrend, T+8 sideway and price stay close to EMA10,20,50, strong support and huge upside reward, the stock showing some volume daily but the price stable, signal of collecting.
  4. good sentiment in the market, Btech limit up(from 0.380 to 0.680), Titijaya(from 0.320 to 0.760), and many more penny stock the price limit up or spike alot, BJCORP, as the cheapest fundamental stock in market should limit up as well.

Berjaya Pharmacy Sdn. Bhd. and its subsidiary, Berjaya Pharmacy Retail Sdn. Bhd. manages and operates retail pharmacies under the licensed trading names of "Tigas Alliance" and "Tigas Ekspres".

Recently, Tigas pharmacy collaborate with Bergamot to sell face mask fighting covid19, from the website, the introduction of Bergamot as below: The company not only selling mask and glove but also PPE. https://www.bergamot.com.my/index.php

Bergamot Sdn Bhd is a gloves manufacturer and supplier company. Our main office is located in Seri Kembangan, Selangor, Malaysia. As a leading examination gloves supplier, we always leverage on the latest R&D formulation to ensure the quality and price.

Bergamot Sdn Bhd supply a wide range of products such as latex examination powdered/powder free gloves, nitrile examination powder free gloves, vinyl examination powder free gloves, surgical gloves, household gloves, cleanroom gloves, CPE products, industrial gloves, face mask and disposable cap. We continuously develop on products range and have our quality assurance tighten in order to provide better variety to different market requirement.


 

By looking at all the reasons above, BJCORP, coming down from RM 1.8, to 10 years low (0.175), now trading at around RM 0.2, it is consider very cheap to invest, With recent good QR release and NTA = RM 1.2, the stock worth AT LEAST 60 sens, with recent good sentiment market, RM1 is possible. TP1 : RM 0.5 , TP2 :RM 0.8 , TP3: RM 1  , CL RM 0.17

 

 

Thanks for reading and see you in the next post.

THE ABOVE IS NOT A BUY OR SELL CALL AND IS ONLY A PERSONAL OPINION ARTICLE AS A SHARING TO BSKL COMMUNITY MEMBERS.

Join us on http://t.me/share4yu for latest update

 

Labels: BJCORP
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greedy44444 Gomen going to produce its own face masks to give it free to B40 group. Not a good news to company selling mask. Furthermore it's very easy to buy much cheaper in Shopee and Lazada.
11/08/2020 7:51 AM

SNAP Election linked stocks - buy these two for potential FLASH limit up

Author: share4u2019   |  Publish date: Sun, 9 Aug 2020, 9:11 PM


Snap election emerges as another stock market theme

 

UPON RANDOM POLITICAL EVENT OCCURS, WE DO NOT KNOW WHICH ONE WILL BE MAINLY BENEFICIAL FROM EVENT, TRY BOTH EDEN AND ASB WHILE THE PRICE STILL CONSOLIDATING NOW

Given Perikatan Nasional’s (PN) razor-thin majority in parliament and arguably shaky position in government, talk of a snap election continues to swirl. What would be the risks for the local market if a snap poll were to be called?

The PN coalition gained its first victory in parliament when it successfully removed Dewan Rakyat speaker Tan Sri Mohamad Ariff Md Yusof. This is seen as a vote of confidence for Prime Minister Tan Sri Muhyiddin Yassin.

However, the motion went through by a margin of only two votes.

Some analysts think it could be an opportune time for PN to seek a fresh five-year mandate from the people as Malaysia’s battle against the Covid-19 pandemic is perceived by many, including foreigners, as having been well-managed. Furthermore, the coalition’s economic stimulus packages have been welcomed by most citizens.

 

In a recent research note, Macquarie forecasts that a general election will be held from late August to early November and is expected to provide a medium-term catalyst for the market.

Increasingly, the pendulum seems to be swinging towards a PN win, which will please the business community as the coalition is seen to be pro-business, says the research house. “With a more stable political situation likely to bode well for economic activity, we would see an early election as a positive for the market in general, with pump-priming likely to come after, rather than before, an election, given time constraints, setting the stage for a positive end to 2020.”

Eden Inc Bhd and Thriven Global Bhd have come on the radar as both are linked to Datuk Fakhri Yassin Mahiaddin, Muhyiddin’s son.

Property developer Thriven’s share price has risen 27% year to date while Eden, which is involved in food and beverage and tourism, has seen a 3% increase.

source : https://www.theedgemarkets.com/article/snap-election-emerges-another-stock-market-theme

 

Disclaimer:

Please be informed that our analysis are solely for education purpose; it is neither a trading advice nor an invitation to trade.
For trading advice, please speak to your remisier or dealer representative.
You are responsible for your own risk management
Do Your Own Due Diligence (DYODD)

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sensonic STRANGE , NOW BURSA ONLY ISSUE UMA ON LIMIT UP COUNTERS
10/08/2020 10:08 PM

ICONIC - SPECIAL EDITION 3Ply disposable face mask launch!

Author: share4u2019   |  Publish date: Tue, 4 Aug 2020, 12:01 AM


 

 

 

 

 

 

 

 

 

Disclaimer:

Please be informed that our analysis are solely for education purpose; it is neither a trading advice nor an invitation to trade.
For trading advice, please speak to your remisier or dealer representative.
You are responsible for your own risk management
Do Your Own Due Diligence (DYODD)

 

Labels: ICONIC
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Spring Art -Surge in demand in Online shopping for ready-to-assemble

Author: share4u2019   |  Publish date: Wed, 22 Jul 2020, 12:00 AM


Spring art
 
 
Market Capital (RM): 83.14m
 
 
Spring Art is a one-stop RTA office and household furniture manufacturer that caters to 35 countries and expected to generate decent growth moving forward on back of its in-house design, manufacturing and marketing team. 
 

One-stop RTA furniture manufacturer. Spring Art is involved in design and development, manufacturing as well as marketing and sales of its own furniture products. It analyses its past sales, using the market data to understand its consumer preference better and keeping abreast with the trend.

Manufacture of RTA furniture products in flat pack format. Spring Art’s RTA furniture is sold unassembled in flat pack format (included with assembly instructions for the end consumer), which reduces storage space requirements and cost of shipping while being less vulnerable to damage during transportation.

Wide range of clients and diversified revenue based. Spring Art’s furniture products are exported to 35 countries, including distributors, showroom retailers, home finishing chain stores and e-commerce companies.

Healthy furniture industry outlook. According to Providence independent market research, Malaysia’s furniture industry and global demand grew at 2010-2018 CAGR of 8% and 2.9% to RM4.8bn and USD453.0bn, respectively. With the government’s policy on the implementation of sustainable forest management, this should bode well for demand for processed wood products (particleboard, medium density fibreboard (MDF) and RTA). Also, export-oriented furniture players stand to benefit from the trade diversion with the imposition of tariffs by the US on selected Chinese goods, including furniture.

Expansion plans for its RTA manufacturing capacity. Spring Art intends to purchase machineries (2 CNC panel saw machines, 6 edge banding machines and 9 CNC woodworking machines) in the next 24 months to increase its capacity by c.100% to 674k by FY22.

Near term growth from subcontracting. As the new manufacturing facilities will only commence operation by July 2022, Spring Art has appointed Bright Showcase Sdn Bhd as subcontractor to undertake the manufacturing of furniture products in May 2019 for a term of 3 years. This will allow Spring Art to increase capacity by 49,158 units p.a., or 14.6% of current capacity of 337,016 units. Total purchase orders within Jun-Sep 2019 stood at 10,921 units.

 

HIGHLIGHT :

Malaysian furniture association :" furniture sales volumes have been surprisingly strong since the resumption of operation "
 
 
 
Spring art managing director Jack Lim kok Eng :" seeing a surge in demand for SOHO furniture on online shopping portal amidst tge COVID19 pandemic "
 
 
 
Comparison market cap
 
Spring art : RM83.14 mil   (expanding RTA, expecting 16% growth this year despite covid19 outbreak)
homeriz : RM178.51mil   (stagnant)
Latitude : RM212.8mil (stagnant)
hevea : RM261.16mil  (less than 3% growth)
Liihen :  RM502.2 mil (less than 3% growth, mature in market)
 
All stock above posted positive profits 
 
 
 
Based on the info we received, we believe Spring art  2020 Q3 onwards will see strong improvement in revenue and profits, this company profile give us impression just like 7years ago of latitude and liihen when they are still small-caps companies,Spring Art will show stronger growth than current liihen, latitude and other furniture listed companies because as a small-cap company, it has higher growth potential than the larger-caps liihen and latitude which already posted nearly mature level
 
 
 
 
 
We are strongly recommend on  Spring to buy and hold for mid term, you are going to win big
our midterm tp is now upgrade to RM0.5
 
 
 

Disclaimer:

Please be informed that our analysis are solely for education purpose; it is neither a trading advice nor an invitation to trade.
For trading advice, please speak to your remisier or dealer representative.
You are responsible for your own risk management
Do Your Own Due Diligence (DYODD)

 

 

Labels: SPRING
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sensonic TCS Group Holding listing tomorrow. BUY OR NOT??
22/07/2020 11:28 PM

Tiger Synergy -WHY YOU MUST BUY NEXT RALLY PENNY

Author: share4u2019   |  Publish date: Thu, 9 Jul 2020, 12:00 AM


Malaysia cuts key interest rate to record low of 1.75%

Malaysia's central bank on Tuesday (July 7) cut its key interest rate for a fourth straight meeting to a historic low, as South-east Asia's third-largest economy grapples with the coronavirus pandemic and faltering demand for its exports.

Bank Negara Malaysia eased its overnight policy rate by 25 basis points to 1.75 per cent. A slim majority of economists in a Reuters poll had expected a rate reduction of at least 25 basis points.

EVERYONE is withdrawing fix deposit then pump all money into the stock market right now, we shall see the rally of penny stock market right after interest rate cut!!!!!!

 

PDZ TODAY SKY ROCKET TO THE MOON AFTER IRIS STOCK PRICE RALLY, 
WE ARE SPECULATING TIGER SYNERGY WILL BE NEXT PDZ and will start buying more tomorrow!!

 

 

 

 

INSIDER:

 

MR GOH CHING MUN IS ACCUMULATING Tiger Synergy berhad, who is co-founder, former executive director and controlling shareholder of restaurant operator OldTown Bhd.

 

OUR CONTRA TP : RM0.15 , RM0.2

 

 

Disclaimer:

Please be informed that our analysis are solely for education purpose; it is neither a trading advice nor an invitation to trade.
For trading advice, please speak to your remisier or dealer representative.
You are responsible for your own risk management
Do Your Own Due Diligence (DYODD)

 

 

Labels: TIGER
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wingbig Hey bro
You confirm the one in picture is oldtown cofounder?
Please do some homework
09/07/2020 8:28 AM
09/07/2020 9:15 PM
ahbah Sapu all penny stocks !
09/07/2020 9:25 PM
Airline Bobby Picture also post wrong. Concai post la this newbie
09/07/2020 9:40 PM
VenFx old town s floor admin, sucks .
10/07/2020 8:32 AM


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