all these projects total worth 1.4bil and which will put GDB's order book exceed 2bil mark...

btw, just for your information, they are tendering for high-rise serviced apartments, a hotel and other commercial buildings in the Klang Valley.

Dividend policy of 30%, caught my attention...

lets say EPS goes to 6sen, 30% of 6sen will be 1.8sen = equivalent to 3-4 bids...

even though EPS at 5sen, 30% of 5sen also got 1.5sen = equivalent to 3 bids...

if this company can continue to grow in this industry, it's a boom!

their performance was outstanding LOL, i was quite shock when i check each of the construction counters...I just concern whether they can get another project which they are tendering... they had tendered 6 projects, valued of 2.1 bil in total... their winning rate compared to other is 15-20%...but then, based on the order book in hand, even though they did not get any project in 2019 (which i think not going to happen), they still can maintain their revenue and profit grow until 2020 H1...

btw, nicholas bro, how you get 86mil cash in hand??

Do you have shares in this company, Ven Bro?

Sifu Venfx, agak agak this counter should worth how much of market cap?

https://klse.i3investor.com/blogs/GDB0198/

Risk and rewards of this company were good...support at 22sen, 1st resistance 25sen, currently trading at 22.5sen... consolidation breakout 25sen, TP 27.5/ 29.5sen from a technical point of view...

If applied EPS of 5sen (easily can be achieved in 2019F), applied with forward PE of 8, the fair value should be traded at 40sen (IPO price = 35sen)... This is just a simple calculation, the forward PE of 8 (current PE = 4.94) was given due to its grade G7 license approved and Building Information Modelling...

Disclaimer: Buy/Sell on your own risk, this is a low market floatage counter...

now is dead cat rebound, dont ever try to catch at next day or even falling knife in this few years... the only thing that we can do is to keep our capital safe... goood luck...

dont argue lol... sharing is caring... speak out if you guys have different kind of views... its a stock investment portal, learning platform for all of us!

UCREST, its time to fly!

https://klse.i3investor.com/blogs/POS4634/186746.jsp

https://klse.i3investor.com/blogs/PadiniHoldingsBerhad/

okok, understood...Thanks for your insight...btw supersaiyan3, I saw your message in layhong i3 that telling OMGOMG you know what actually happen, can u email me as well... hoeweng1997@gmail.com...really appreciate that...

anyhow, stock market is a place that anything could happen...

Supersaiyan3, yes, the second chart I had put "not likely to happen"... Please read before comment lol, I also know that will not happen...

You are right!

The reason is very simple and you had answered my question! Loss-making & lousy balance sheet!

See your expectation on this counter, this is what I want!

Lol ramada...

everything is about expectation...the more people playing, the more it will collapse...no expectation or low expectation counters sometimes give the highest rewards... just my 2cents...

Don't laugh at me...hahaha.. I'm using TA to identify buy and sell point only...0.275 is chip accumulation zone few years back...as last time to now, Layhong is growing...0.275 not easy to go back... even QL wan acquire Layhong 35sen few years back also fail...

I'm riding with the operator, who are them? Do your own study. I might get wrong, but the risk now is slightly lower but the potential reward is high enough. Anyhow, I do have my cut loss point (0.320), because my ultimate TP is 0.275 (the blue line).

Mr Flintstones, I do not all in and I still keep 40% of my cash. I did not ask you guys to help me push up the price. Even though you guys push, you guys still cannot win the operator behind and will be fooled by them. This is a buy and holds counter, not a FIFO counter.

https://klse.i3investor.com/blogs/LAYHONG/185671.jsp

Aiyoyo...

This is just for reference.

https://www.cmegroup.com/trading/energy/refined-products/singapore-mogas-92-unleaded-platts-brent-crack-spread-swap-futures_quotes_globex.html

@Xeno, yes, recently the crack spread is improving. The lowest was on early of November. Anyhow, I could not guarantee its crack spread margin will shoot all the way up like the crack spread performance last year to early of this year.

Last friday, SC updated the syariah-compliant securities. One of the newly classified syariah-compliant stocks included Hengyuan Refining Company Bhd.

Alex, you make your own conclusion. I have my own but does not mean suitable for others.

"Hint: Tengok volume dia"
The day after QR released, it opened at 4.9 and ways down to 4.55. The volume was kicked in at that time. People are panic selling, but big boy is panic accumulating.

Now still on stage 1 - accumulation phase, takes how long, I don't know, but history always repeat itself and currently is China big boy and local fund decide - up or down.

Benpg, yes below 4.60 is a good bargain, who studied its company in depth know about this. Despite at current level, it is still significantly below its intrinsic value (margin of safety). Hence, current price allows an investment to be made with minimal downside risk.

https://klse.i3investor.com/blogs/HENGYUAN4324/184755.jsp

wow...you guys are insane indeed... give some facts la...aduh... 50 ringgit per shares also come out...

Any justification? why RM3? Don't just give a TP without any reasons. TQ.

This is a very interesting counter. A very good prospect, and rapid expansion counter. Technical wise, this counter had triggered my buy call signal as it:
i) does not fall below the key fibo level (38.2%) during the whole black October
ii) rebounded after tested the uptrend line today
Tomorrow might be a triangle breakout for MI Equipment, provided US market is good tonight. Immediate Resistance: 2.6/2.65
As long as this counter breakout tomorrow, I'm anticipating this counter can hit 4 ringgit before 1H2019. Good luck.

Disclaimer: Buy at your own risk, Do homework before you buy in. This company is worth investing. Have Fun and Good Luck!

https://klse.i3investor.com/blogs/KESM%20Berhad/182736.jsp

Aiya, sorry i old already.

Forget to tell you guys one thing, just read some different sources..
See whether they are talking about MYEG Services Berhad secure MYEG project through bribery, or Mastoro Kenny IT want to obtain MYEG project so they pay bribe to zahid.

What i read from local press and dap malaysia newspaper was totally different. DAP malaysia newspaper make it very clear. Reading pleasure and good luck hehe

Just to recap, I don't have this counter.

However, just check in depth, is it MYEG Services Berhad or Malaysia E-commerce Government Project. Dont simply tembak hehe and Good luck =)

MACC deputy chief commissioner (operations) Azam Baki (above) said any company and person involved in corrupt activities will not escape investigation.

“We investigate whoever is involved in corruption, so far one company has said it is not involved… it is up to them to say. The clarification will come from MACC; if our investigation shows that the company is not involved in any corruption, (then) it is not guilty,” he told reporters after the IBR (Corruption Free Pledge) oath-taking ceremony of the Badminton Association of Malaysia (BAM) at the Malaysian Badminton Academy in Kuala Lumpur today.

on 19 october, Datasonic says no payment made to Ahmad Zahid and didn't come out with a solid explanation to clarify.
Read more at https://www.thestar.com.my/business/business-news/2018/10/19/datasonic-says-no-payment-made-to-ahmad-zahid/#zyqDR0fbgxcx7Mh4.99

on the same date, MYEG request for suspending to make a clarification and noted they received a confirmation from Malaysia's anti-graft commission that neither the company nor its board of directors are under investigation in relation to the charges brought against former deputy prime minister Datuk Seri Ahmad Zahid Hamidi.

Something is interesting when they mentioned about they received a confirmation letter from MACC instead of giving a poor explanation like DSONIC. what if MACC didnt give confirmation letter to MYEG but MYEG issue a company annoucement and tell the public they are clean? what is the consequences for them? think about it.

Have you guys notice, why most of the news articles were point finger on MYEG instead of DSONIC? check about these people behind these companies. Who is the beneficiary of this case? check about it.

Politics remain dirty. Good luck have fun.

Investing requires effort and time. I read through the comments that you guys made and there are many silly statements LOL, talks without facts, and predicting the price movement without understanding what behind the hidden force that push up/down the price of each counters. Don't even understand what is healthy/unhealthy movement, fundamental support, etc, you guys are just speculating the price. This proved the theory of 7:2:1, 70% of people lose, 20% of people break even, and 10% of people win against the market.

This is a platform that share his/her investing knowledge to others, don't just make a statement that make people look stupid at you, no offence, i'm just speaking the truth. Share what is good to others, not making people confuse.

https://www.cnbc.com/2018/09/21/oil-industry-needs-to-invest-11-trillion-to-meet-demand-opec.html

黑马出世 快马加鞭

Good afternoon, buddies.
few notes that I would like to share with u guys,

i) Hengyuan sees better margins in 2Q as oil price rises
ii) Sinopec posts record profit of US$6.2bil today morning

SINOPEC was also known as China Petroleum & Chemical Corporation which is the world's top refiner. FYI, most of the refinery companies post good results, and I anticipate HENGYUAN also can post an excellent result. The quarterly report should be released by this week, probably today.

Good luck, the bull is in making, 7.60 the first target to break cloud. R2 - 7.74, R3 - 8.24 (close gap) and R4 - 9.4, meanwhile my support - 7.22.

*For risk taker, as I'm buying before QR release. Downside limited and high return game. BUY/SELL TRADE AT YOUR OWN RISK.

Its time to party rock. Monitor Airasia next week, good luck.

Its time to party rock. Monitor Tenaga in these few days. Good Luck.

The bears have controlled the market for awhile, and the first day of the pattern communicates this trend. In the wake of the clear downtrend, however, the bulls seize the reins. Although the second day opens below the prior day’s close (appearing to continue the downward trend), the price then surges as the bulls show their strength. This creates an engulfing candlestick, which swamps the price movement of the preceding day. Although some traders will act at this point, confident in the Bullish Engulfing pattern, others will lack courage until the third day, when the bulls push the price higher, creating another white candle. This long candle closes above the previous day’s close and proves that the reversal is not a fluke.

The three outside up is a candlestick pattern, where:

i) The market is in a downtrend;
ii) The first candle is black;
iii) The second candle is white with a long real body and fully contains the first candle;
iv) And, the third candle is white with a higher close than the second candle.

Three outside up = bullish reversal pattern

Bullish three outside up candlestick are forming...
The momentum is very strong which likely to break the resistance...

15 June, half day trading, spotted a bullish engulfing on this counter with volume. The momentum is very strong, which likely to break resistance at 30sen in a very short period of time and form higher high. For weekly/monthly chart, this counter still on a downtrend. However, im optimistic this counter will be a shinning star by 2022, as currently this company still undergoing transformation. Want to know more about what transformation are this company doing, refers to the recent annual report to find out more. Buy and hold, as this is a hidden gem which might give u more than 3times ROI. Just my 2cents, do your homework before you buy in...

Chart wise,

1) short term downtrend broken
2) long term uptrend still intact
3) support 1.12/1.04/0.95
4) resistance 1.14/1.16/1.2/1.29/1.57/ new high

This counter is different from others as it jumps like a corgi, instead of kangaroo. If you seek for value investing or putting money to a safe counter, this will be a good counter for you. If you are a risk taker or speculator, this counter is not suit for you.

Fair value of DUFU:

Discounted Cash Flow (DCF)5.0% Growth 1.34
Discounted Cash Flow (DCF)12.5% Growth 1.97
Relative Valuation 2.69
Graham Formula 1.23
Graham Number 1.7
Net Tangible Asset MA 0.79

Based on isaham fair value of dufu, it should be worth at least 1.97 per share with market cap of RM335million, which is 74% upside.