Nice one!

Dow jumps to record high led by Goldman, Apple as tech swoon ends - http://www.cnbc.com/2017/06/13/us-stocks-rise-tech-bounces.html

Bull group still dominating...ride on it

Tuesday then, already forming a rounding bottom

buy buy buy...

join us on the coming rally...

who is Kim?

chiong chiong chiong!!

Fibonacci Retracement reached 61.8% at support level. This implies a positive rebound sign. It is supported by Stochastic & William %R, where both appeared golden cross at oversold area. Bullish bias may continue if the stock managed to stay above the MYR0.86 level for the rest of the day. Support level is seen at MYR0.825, followed by MYR0.80 level.
*Target price is anticipated at MYR1.10.*

abcd, credible bo?

Sabarudin Abu Bakar:
http://www.theedgemarkets.com/article/malaysia-palm-oil-stockpiles-dip-exports-surge-%E2%80%94-survey

smart money coming in...

cheshirecat, you are welcome, btw that's from RHB Invest

suspended?

next support 1.58

Recommendation
Maintain BUY. We continue to like this counter, given its unique status
as the largest security solutions provider in the country. Management is
actively working on new income sources to help replenish its orderbook.
As such, we maintain our BUY recommendation, with our TP of
MYR1.84 based on 25x 2017F P/E.

Datasonic Group
Full Year Boost From MyKad And Passports

Investment Merits
-Existing MyKad and passport contracts to drive earnings growth for
FY18F
-Potential winning of new jobs could spark further re-rating
-BUY, with our MYR1.84 TP based on 25x 2017F P/E

Company Profile
Datasonic Group (Datasonic) is principally involved in the provision of
ICT solutions that include:
i. Smart card personalisation services;
ii. Customisation of large-scale government ICT solutions;
iii. Project management;
iv. Technical consultancy services.

Highlights
MyKad orders to normalise.
After two consecutive quarters of minimal
MyKad deliveries, Datasonic has received an order of 1m units each for
its MyKad and MyKad consumables for 4QFY17. We believe this return
of orders likely indicate that the inventory levels at the National
Registration Department’s branches have normalised. We expect future
deliveries to largely match the current demand at 3.3-3.5m copies pa.
As for the foregone two quarters of orders, we believe deliveries would
be backloaded as we move closer towards the expiry of the current
contract in Dec 2019.

Potential 5-year renewal of passport polycarbonate page.
As for its existing passport polycarbonate page contract, the group has fully
delivered all 10m pieces to the Immigration Department despite the
contract only officially expiring in Jan 2018. The early completion of
delivery was due to better-than-expected demand, as the current runrate
hovers around 2.6-2.7m copies pa vs initial estimates of 2m pieces
pa. To ensure continuous supply to the public, Datasonic has secured
an additional order of 2.8m pieces to last until the original expiry date of
Jan 2018. Beyond that, as we are now less than one year away from
the official expiry of the contract. Thus, we expect management to soon
start talks on a potential 5-year renewal of this passport polycarbonate
page provision. This potential renewal could worth some MYR300-
400m and would likely commence on Feb 2018.

Contribution from passport booklets.
On its new role as the official supplier of the national passport booklets effective Dec 2016,
management highlighted that it is currently finalising a sub-contracting
agreement with Percetakan Keselamatan Nasional SB for interim
supply up to May. We expect this to be wrapped up by end of this
month.
Come 1 Jun, Datasonic is to commence its own production of passport
booklets with its new UNO and Intaglio printers. These two new printing
machines cost MYR40-45m.We expect official commissioning by May, with commercial production to commence by 1 Jun.

Eyeing new initiatives.
Beyond its existing operations, Datasonic is eyeing to provide driving licenses as well as road tax stickers for on-theroad vehicles. According to official statistics from the Road Transport
Department of Malaysia, there are 26m registered vehicles on the road
and 14.7m registered drivers as at 2015.
Based on ASPs of MYR7.50-8.00 per driving license and MYR2.50-3.00
per road tax sticker, this could translate into an annual revenue stream
of close to MYR100m. We understand that the group is now finalising its
proposal with an official submission. A presentation to the relevant
authorities is likely to take place by May or June. We have yet to
capture this potential earnings stream into our current forecasts.

Company Report Card
Latest results.
We are forecasting for an earnings CAGR of 32.1% for
FY16-18. This is as we expect new earnings stream from the
commencement of its passport booklet contract, as well as full-year
contributions from its passport chip job (this started in May 2016).
We also expect a potential improvement in its overall profitability
margins, as we gather from our channel checks that management is
looking to secure raw materials for the polycarbonate page from a new
supplier. This could result in some MYR10-15m in cost savings pa. We
gather that negotiations are currently ongoing, with official supply to
take place likely by mid-2017.

Balance sheet/cash flow.
As at Dec 2016, Datasonic is sitting on a
cash pile of MYR36.8m and total borrowings of MYR143.6m. While its
implied net gearing of 42.8% may seem high at first glance, we note
that its net receivables registered at MYR182.2m. Over 90% of the
balance is due from the Government for the group’s provision of MyKad
and national passports. Moving forward, we expect its balance sheet to
strengthen in tandem with its improving earnings prospects.

Dividend.
Management does not have a fixed dividend policy at this
point. We expect Datasonic to declare DPS of 3-4 sen for FY17-18.

Management.
The management team is led by group MD Dato’ Abu
Hanifah and deputy MD Mr Chew Ben Ben. The duo holds an effective
58% stake in the group on a combined basis. Dato’ Abu Hanifah was
the president and managing partner of Ernst & Whinney for nine years,
and also served as the president of the Malaysian Institute of
Accountants for 13 years until 2000.

rebound in action

http://www.investopedia.com/ask/answers/05/fibonacciretracement.asp

Fibonacci retracement 61.8%, strong rebound expected

http://www.theedgemarkets.com/article/malaysias-may-131-palm-oil-exports-rise-16-month-%E2%80%94-its

Undervalued gem, today many of them rebound, its time for this gem

labu83 eating at 1.12?hehe

rebound soon

受惠棕油价攀高．常成第三季转盈 http://www.sinchew.com.my/node/1646806/受惠棕油价攀高．常成第三季转盈 (Share from StockHunter)

http://www.theedgemarkets.com/article/jaya-tiasa-plantation-unit-cushions-weaker-timber-outlook

Green in the red sea, next week should go higher

forming a rounding bottom, which bull you catch?

What is OR?

Palm Oil To Bolster Growth
Investment Merits
 A leader in the timber industry
 Significant contributions from the oil palm division going forward
 Beneficiary of a weaker MYR against the USD

Company Profile
Jaya Tiasa Holdings (Jaya Tiasa) is involved in the manufacturing and
distribution of plywood, logs and other timber products. It is also
involved in the cultivation of oil palms.

Highlights
Timber giant in Sarawak. Jaya Tiasa is one of Malaysia’s largest
timber companies. It has timber concessions of over 700,000ha in
Sarawak. While its timber division has been the group’s bread and
butter, the subdued timber outlook – affected by macroeconomic forces
– has seen slower growth in recent times. The tightening of state
regulations has also hampered log production, which had already been
dragged down further by weaker global demand. Plywood prices have
also been weak. We estimate that it has fallen by over 11% as at Dec
2016 from its high of USD500 per cu m in Mar 2016.
Palm oil segment’s turnaround. The weak timber outlook has been
offset by Jaya Tiasa’s turnaround at its oil palm operations, which
started development in 2002. The group has a sizeable oil palm estate
with an estimated 69,589ha of plantable area to date. Of this, over 54%
of its trees are in the prime mature age as at end-FY16 (Jun). This is
estimated to rise to 65% as at end FY17.
Jaya Tiasa’s plantation average age profile stands at approximately
eight years and FFB yields can potentially be as high as 22.3 tonnes
per ha. Coupled with strong CPO prices currently, with 1HFY17
averaging at MYR2,791/tonne, we believe the group is on track to post
record earnings in its palm oil division.
Beneficiary of a weak MYR. Timber companies are highly sensitive to
fluctuations in the MYR/USD. This is as the bulk of their revenues are
denominated in USD while the majority of their costs are in MYR. As
such, Jaya Tiasa is a beneficiary of the weak MYR outlook ahead.
Our house assumption has forecasted for MYR/USD at 4.43/4.25 for
FY17-18 respectively. We estimate that every MYR0.10/USD change
could impact the group’s earnings by up to 10-12%.

Company Report Card
Latest results. Jaya Tiasa’s recent 2QFY17 results disappointed
slightly due to lower contributions from the timber division. Its palm oil
segment, however, was able to offset timber’s lower contributions due
to higher yields and the current favourable CPO prices. The latter,
realised for 2QFY17 at MYR2,760 per tonne, also helped in offsetting
declining production volumes as a result of weather conditions.
Balance sheet/cash flow. As at Dec 2016, Jaya Tiasa’s net gearing is
at 56%. We estimate this to improve to 50% in FY17 on stronger cash
flow and profit generation.
ROE. The group achieved an ROE of 3% in FY16, but we expect this to
grow to 5%/6% in FY17-18 respectively on the back of its palm oil
segment. An upside risk would be stronger-than-expected contributions
from its timber segment.
Management. Jaya Tiasa is helmed by the Tiong family. Sarawak
tycoon Tan Sri Tiong Hiew King is a major shareholder in the group,
with an over 22% stake. His family members also sit on the board of
directors.

Recommendation
We like Jaya Tiasa for its strong palm oil outlook, as we project for the
group’s 3-year earnings CAGR to grow at 22%. As plywood prices are
seen to have bottomed in 2016, we also expect stronger contributions
from this segment going forward.
Our SOP-derived TP of MYR1.61 implies a 28% upside to current share
price as at the time of writing. This TP is based on a DCF value for Jaya
Tiasa’s log operations, replacement value for its plywood unit and a
target 17x FY17 P/E for its plantations division. Our implied FY17F P/E
and P/BV is at 13x and 0.6x respectively.

Coldeyes & RHB 25 Jewel, TP1.61, gogogo!

break 1.000 already! Keep going!

sympathy for those who loss money

https://www.klsescreener.com/v2/news/view/228277/%E5%8F%91%E7%94%B5%E5%8E%82%E7%A7%91%E6%8A%80%E4%B8%9A%E5%8A%A1%E6%8E%A8%E5%8A%A8-puc%E8%90%A5%E6%94%B6%E6%96%99%E5%8F%8C%E4%BD%8D%E6%95%B0%E6%88%90%E9%95%BF

challenging the resistance..

moving...

http://sharesinfo4u.com/archives/42545

volume coming, got good news?

IVAN2222 ask them to pump, not to dump

http://www.malaysiastock.biz/Company-Announcement.aspx?id=965742

why PUC?

volume coming

美國真的要打北韓嗎？中國專家：不會有第二次「韓戰」，但金正恩可能真的害怕了http://www.storm.mg/article/249396

半岛会开打吗？http://chuansong.me/n/1764380452007

（吉隆坡13日讯）早期从事木制品的A N Z O控股（ANZO,9342,主板工业产品组），再接获发展总值36亿令吉的产业联营意向书，推动该公司转型计划，有信心2018财政年可转盈。

该公司旗下建筑臂膀——Harvest Court建筑有限公司，今日接获吉隆坡北门（KL Northgate）公司的合作意向书，将与中国中治马来西亚公司合作建筑吉隆坡百乐门（<a href=mailto:[email protected]>[email protected]</a>Northgate）综合型产业发展，发展总值高达36亿令吉，首阶段料可在2020年完成，并获得12亿令吉建筑工程意向书。

ANZO控股董事经理拿督蔡文杰今天在新闻发布会中表示，三方将会由此开始展开长期性的合作，目前已向交易所提出转型计划的申请，目前正在待批中。

“是的，ANZO控股正进行转型计划，我们将由木制品制造业，转至以建筑及产业发展为核心业务的公司，虽然营收比例有待观察，但一年后，木制品业务只会占公司营收的一小部份。”

蔡文杰表示，ANZO控股手握多达15亿令吉的订单，可忙碌6至7年，有信心可让该公司转亏为盈，尤其早前接获的Porto De Melaka两期建筑工程项目，将让该公司由2017财政年末季起，开始录得盈利。

上述综合型产业发展项目位于吉隆坡北门公司坐拥的士拉央地库，面积达18英亩，首阶段工程包括打桩等地基工程、6层楼高的购物商场及停车场，2017年10或11月施工，预计耗时3年。

吉隆坡北门公司董事伍彦铭表示，该项目也将在首阶段完成后，在该地库另建4座高楼，公寓及酒店分别2座，目前处于是设计阶段，若以此推算，整个发展项目将耗时共6年，总楼面面积为180万平方英尺。



他说，吉隆坡百乐门的零售单位，截至目前已有30%的租用率，蔡文杰较后补充，该商场并不会趋向高端品牌的租户，而是符合大众市场的品牌。

中国中治公司副总经理曾飞腾指出，该公司计划通过内部融资，为该项目提供融资，并供应游乐场等消遣设备的设计及设备，估计可在1至2个月后与ANZO控股谈妥付款条件。

获士拉央热水湖翻新计划

另外，蔡文杰说，该公司也获政府颁给毗邻旗下项目的士拉央热水湖翻新计划，政府限时18个月将其重新开发为旅游景点，估计工程将耗时12至14个月。

http://www.klsescreener.com/v2/news/view/220923

insider news?

still moving around MA20, anytime should rebound

http://www.isaham.my/stock/priva

http://www.klsescreener.com/v2/news/view/219619