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KAB - WHY IT MUST FLY?
WANT TO BE A SPARTAN?
Click here https://www.telegram.me/kimstock for more details.
DATE: 12 DECEMBER 2017
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THE STOCK : KAB -
Kejuruteraan Asastera Berhad
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Current Price : 0.27 cts
Target Price : 1st - 0.35 cts / 2nd - soon
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WHAT KIM SAY?
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1. "More contract will be release soon as completed projects approximately RM301.32m since 1999 till 2016 for now. Another potential growth stock slow and steady." - Kim Spartan
2. "Still low from IPO price 0.25cts. Got another 50% upside for me."
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THE PROFILE
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Kejuruteraan Asastera Berhad are principally involved in the provision of electrical and mechanical engineering services. Customers are primarily main contractors, project owners and property developers in Malaysia's construction industry.Electrical engineering services is the core business activity and involved the installation, testing and commissioning of electrical systems comprising electrical distribution systems, communications and information technology networks and ELV systems. Company capabilities such as maintenance services, lightning and earthing works and Fibre-to-the-home (FTTH) cabling.Company also do the installation, testing and commissioning of air-conditioning and mechanical ventilation systems. Beside that, also supply and sells engineering materials such as cables, switches, trunking, pipes, and other electrical accessories which are required for projects by the several of selected subcontractors only.
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THE KEYNOTE
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2017
KAB - Newly ACE Market-listed electrical and mechanical engineering firm Kejuruteraan Asastera Bhd (KAB) targets an order book value of RM250 million by year end.
KAB - The company's current order book stands at RM210 million and is expected to last till 2019. It is also tendering for projects worth RM250 million.
KAB - The company target between a 10% and 20% contribution from mechanical engineering next year, and up to 50% in the next five years.
KAB - Has secured projects under the affordable housing programmes such as PR1MA Setapak and Jalilmas at Bukit Jalil, Kuala Lumpur.
KAB - Has accepted two contracts in relation to electrical engineering services and extra low voltage services, for a total contract sum of RM23.8 million.
Regards,
Kim Stockwatch
Telegram : https://www.telegram.me/kimstock (Real live time trading)
Or Join Elite Spartan Group Traders (SGT)
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
