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MLGLOBAL - "Must Look Global" Dont miss this potential gems!
Kim Stockwatch
Publish date: Mon, 21 Aug 2017, 01:59 AM
Kim Stockwatch
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https://www.facebook.com/kim.thor.58
For telegram we have real live trading session at this handphone application Telegram which can download from GOOGLE PLAY
https://telegram.me/kimstock
Date : 21/08/2017
Stock : MLGLOBAL (7595)
Price : RM1.32
Kim's TP : RM1.50
Warrant : MLGLOBAL-WA (0.80)
Market Cap : 483M
No. of Shares : 366M
#Kim's Stockwatch - https://www.telegram.me/kimstock
-. Kim has called this counter for his "new bird" on 16 August at RM1.28. Trying to break RM1.30 and its has been succesfully done. We forsees the good move still on progress. Staytune for the next level with continue uptrend in immediate term. Our view is once break RM1.35, we will see rocket should be ready to hit our tp.
-. MLGLOBAL : An investment holding company, is engaged in the manufacture and trade of concrete roof tiles in Malaysia. The company offers concrete roof tiles primarily under the Hacienda and Vintage Victory brands. It also provides Flexibond, a ready-mix latex and polymer based flexible bed and pointing compound with flexible mortar, bonding, waterproofing, and adhesion properties. In addition, it is engaged in the supply and laying of roof tiles, and installation of roofing on a consignment basis; and the manufacture, supply, and installation of steel related building materials, and also offers steel roof and metal roof trusses.
-. MLGLOBAL : Bagged a demolition and reconstruction works contract for Menteri Besar Selangor Incorporated (MBI Selangor) worth RM38 million. The company, via its wholly-owned subsidiary, MITC Engineering Sdn Bhd, has accepted the letter of award from Kemudi Ehsan Sdn Bhd for demolition works of the existing structures and re-construction works for a proposed development project for MBI Selangor, comprising 203 units of double-storey terrace houses in Ijok.
-. MLGLOBAL : Partnering with Sany Construction Industry Development (M) Sdn Bhd, a subsidiary of China’s Sany Group Co Ltd, to set up a precast concrete panel manufacturing plant with an initial investment of up to RM40 million.
-. MLGLOBAL : Plans to expand the facility, as the first phase of the plant is expected to be fully utilised upon completion.
-. MLGLOBAL : 55.3% owned by LBS Bina Group Bhd. MITC Engineering, previously LBS Bina’s 75%-owned construction arm, was injected into ML Global last year for RM225 million.
-. MLGLOBAL : Set to expand in the industrialised building system (IBS) segment, as it forms a joint-venture (JV) which will see an initial investment worth up to RM40mil in the first phase.
-. MLGLOBAL : Order book stands at RM2bil while its tender book is valued at RM1bil.
-. MLGLOBAL : Indirect 70%-owned subsidiary, MGB Geotech Sdn Bhd, has accepted a letter of award (LoA) from Samling Ekovest JV Sdn Bhd (SEJV) to undertake piling works worth RM68.14mil in Bau, Lundu and KSR Section in Sarawak.
-. MLGLOBAL : Existing business activities to be diversified to include property development and property investment
-. MLGLOBAL : Expecting good QTR result will be out soon.
Regards,
Ms Kana
For Kim’s Stockwatch
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