Important Date:
14/12, 930am - EGM of SapuraCrest
15/12, 1130am - EGM and AGM of Kencana

CK>> While waiting for the outcome of SapuraCrest's EGM tomorrow morning, I would like to see the results of Kencana's Q1 FY2012 quarterly report. Based on the previous released date, the Q1 results should be released within these few days. Perhaps it will be released at the same day as its EGM on Thursday.

So, as for Kencana, the short term catalysts would be:
1) The results of EGM (should be a positive results, just need to obtain 75% votes from shareholders).
2) Quarterly Q1 2012 results (should be able to see jump in both revenue and profit yoy and qoq).






CK>> Those who still hold SapuraCrest shares should sell it off and buy Kencana in order to maximize the potential profit margin. The BEST has yet to come~

Cheers for Kencana and SapuraCrest merger!