oldmanorangtua

thanks for sharing. Can u share to me how u get construction figures from johor baru n patu pahat . Thanks

2017-04-09 07:01

kkw812004

Hi Spencer88, thank you for sharing this article.

I have a few questions. I hope you can share some insights on it

1) From the previous quarterly report, the revenue and profit from the construction division are contributed by Batu Pahat, JB and Kemaman projects. The management team did not specify in details how much of revenue and profits each project contributed? How did your figures come about?

2) From the excerpt of the contract that you provided above, the management team is expecting a gross profit RM 30 million from the Kemaman project? Can you share with us where did you find this piece of important information? I might have missed it somewhere.I couldn't find it anywhere as i was tracing all the bursa announcements from 7/9/2015 ( date of announcement of contract ) till present date

3) On 10/8/2015, Christopher Chan Hooi Guan ( founder and CEO ) of the company ceased to be the majority shareholder and sold off all his shareholdings. And on 14/8/2015, he announced his formal resignation.

On 17/8/2015, we saw the emergence of Mr Tan Tzu Pin and Dato Low Liong Kian as majority shareholders through Master knowledge Sdn Bhd. Both with construction background. On 7/9/2015, the announcement of Kemaman project was made. So, it is not hard to figure out that both these new shareholders with their construction background have secured the kemaman project for the company and going forward, construction division will be the main contributor to the company's revenue.

Ever since then,both the shareholders have been increasing their stakes from 21% to 29%. This is not a surprise ,taking into consideration the future earnings potential of the company.

But, on 28/3/2017, both the shareholders have completely disposed their stakes in Master Knowledge Sdn Bhd. Dato Low still has a small stake of 1 million shares through his spouse ' Ng Su Moi '.

Can you share some insight into this twist of events? I'm puzzled.

Awaiting your reply soon. Thank you :)

2017-04-09 09:28

shunfeng2032

cold eye will say thank you for promoting this stock for me and i bought it as its earning will increase 50% from previous year and prices has reached forecasted value thnks to punters chasing it. thank you again.

2017-04-09 09:33

Erudite

thanks for sharing

2017-04-09 16:32

Penang_lang

TQ.

2017-04-09 19:13

Orang_Terengganu

Very good sharing. TQ.

2017-04-09 19:22

Henry Tan Chor Heng

is the current price suitable to enter?

2017-04-10 11:16

Abu Halim

Caely is a great company with great fundamental. The stagnant of share price in the light of no substantial gain on profit. Current price of 0.50 sen is so undervalued.

2017-04-10 13:05

Spencer88

@kkw812004

1.)You may refer to the QR of SKH starting from Dec'15, under the section of commentary on quarterly performance.

2.)You may refer to this link
http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=172960&name=EA_DS_ATTACHMENTS

3.)I did not go through the changes in shareholding composition of directors, we will never know what directors are trying to do, and they might have a lot of proxy acting on behalf of them.

thank you

2017-04-10 22:53