after ex div date, the price could not rise further today :)

The govt intends to lower the cost of living. Investors are worried about RTM offers more quality tv programs that would jeopardise astro's earnings :)

Otherwise, astro's earnings from world cup telecasts this coming season will be affected if compare to previous season :)

ABCnewbie Is it Astro selling the WC telecasts to RTM for 30 mil??

EPF is not selling and still holding a substantial stake in astro unlike myeg.... :)

dividend yield 9%+, PE below 10.... :)

good price to collect now..... cheapest level

Meanwhile, Kenanga Research reiterated an “outperform” call on MRCB with no changes to its FY18-19 earnings given that construction work on HSR was expected to only kick off in 2020. However, its target price has been revised downward to 90 sen from RM1.15.

It highlighted that it remains positive on MRCB’s prospects for the potential sale of the Eastern Dispersal Link in Johor Baru, which will be a catalyst for the stock.

tune should be back to above rm1 gradually like in feb 2018 previously :)

HSR, not even started.. ytl has been growing and making money in the past and till today without Mrt3, hsr :)

without hsr, mrt 3, etc... profit of mrcb was also rising :)

https://www.thestar.com.my/business/business-news/2018/05/30/mrcb-posts-steady-earnings-in-q1/

https://www.thestar.com.my/business/business-news/2018/05/22/mrcb-is-no-more-a-singleproject-company/

right issue price was 79sen last year. the price is really cheap now :)

https://www.thestar.com.my/business/business-news/2017/10/02/mrcb-rights-shares-to-raise-rm2pt2b-go-ex-on-monday/

It will recover a bit with the Q1 results announced. :)


(MRCB) expects its unbilled construction and property development to keep the group busy this year, even as investors continue to fret over “opportunity loss” for the company following the Government’s decision to scrap several large rail infrastructure projects.

Shares in MRCB tumbled 11.5 sen, or 16.8% today to 57 sen - its lowest level since March 2009.

The company, in a filing with Bursa Malaysia after the market closed today, said net profit in first quarter ended March 31 jumped to RM21.5mil compared with RM8.6mil made a year ago.

“The better profit performance was driven by continued growth in our engineering, construction & environment division, which should be a significant contributor to group profits this year,” group managing director Tan Sri Mohamad Salim Fateh Din said in a press statement today.



image: https://content.aimatch.com/default.gif

He said the company’s strategy of targeting fee-based construction projects “is now bearing fruit.”

The group’s construction division is currently participating in open tenders valued at RM2.9bil, with emphasis it said on infrastructure and long-term fee-based management projects.

Its current unbilled order book stood at RM4.9bil.

Meanwhile, the group’s unbilled property sales at the end of the first quarter totaled RM1.6bil.

Read more at https://www.thestar.com.my/business/business-news/2018/05/30/mrcb-posts-steady-earnings-in-q1/#lBgoC0aHlsfurrIB.99

Issue Price 1.55 (IPO) .... a lot to catch up in terms of share price :)

PeterPan dividend ex date today

I believe target price for tune protect will be revised :)

good2accumulate some mrcb shares, follow epf and tabung haji :)

good opportunity to accumulate some ytl shares... never touch such a low level b4 :)

market is down but tune protect continues to rise after announcing its Q1 results :)

All govt ministries/depts shall computerise their respective depts before talking about replacing outsourced e-govt services :)

pros and cons of sourcing e-govt services. if so easy to develop software and system, I think most of the local taxi companies have developed software similar to grab or uber :)

open tender upon expiry of the contract. habis cerita.

Date: 25 May 2018

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)

Particulars of substantial Securities Holder
Name LEMBAGA TABUNG HAJI
Address 201, JALAN TUN RAZAK
PETI SURAT 11025
KUALA LUMPUR
50732
Company No. ACT 535 (TABUNG HAJI ACT,1995)
Nationality/Country of incorporation Malaysia
Descriptions (Class) ORDINARY SHARES
Details of changes
No Date of change
No of securities
Type of Transaction Nature of Interest
11 23 May 2018
985,800
Acquired Direct Interest
Name of registered holder LEMBAGA TABUNG HAJI
Address of registered holder 201, Jalan Tun Razak Peti Surat No. 11025 50732 Kuala Lumpur
Description of "Others" Type of Transaction
Circumstances by reason of which change has occurred ACQUISITION OF 985,800 ORDINARY SHARES BY LEMBAGA TABUNG HAJI
Nature of interest Direct Interest
Direct (units) 306,019,846
Direct (%) 6.97
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change 306,019,846
Date of notice 24 May 2018
Date notice received by Listed Issuer 25 May 2018

tabung haji continues to accumulate mrcb shares :)

PETALING JAYA: My EG Services Bhd
image: https://cdn.thestar.com.my/Themes/img/chart.png

(MyEG) has brushed aside notion that the bulk of its business activities were dependent on the Government.

It said that commercial solutions and services now make up 70% of the group’s business activities, thus no longer rendering it just a concession for various e-government applications.

According to MyEG managing director Wong Thean Soon, better known as T.S. Wong (pic), the company intends to increase the percentage of its commercial business.

image: https://content.thestar.com.my/smg/settag/name=lotame/tags=


“We believe we have accumulated a lot of experience and know-how, and we are now ready to export our solutions. Overseas expansion is an important area that we will focus on.

“On the domestic front, we are experimenting with vehicle leasing and online TV commerce and investing in a slew of start-ups,” said Wong.

Wong is the single largest shareholder of MyEG with a direct stake of 7.21%. He has an indirect stake of 31.95% via Asia Internet Holdings Sdn Bhd.

While MyEG’s primary business activities are the development and implementation of e-government services and the provision of solutions that are related to the e-government initiatives such as vehicle road tax and drivers’ licence renewal and foreign workers’ permit renewal, among others, it made an effort to diversify into commercial solutions three years ago.

The contribution to its commercial revenue consisted of solutions such as automobile insurance, foreign worker insurance, advanced credit and debit payment solutions, the sale of telecommunications services and the provision of hostel accommodations for foreign workers.

The new solutions appeared to be a downstream extension of what MyEG was providing.

Wong said that MyEG leveraged on the fact that it is a provider of government services to build a strong level of trust and credibility among its users.

“I enjoy starting and growing disruptive businesses or businesses that do things in a slightly different way. Obviously, trying to do things differently is never easy and many times we will encounter failure. However, each little success is satisfying, simply for the fact that it is achieved by doing things differently.”

MyEG is experimenting with many new products although some of them, according to Wong, may end in failure.

“But fear of failure has never stopped us from trying,” he said.

The company is coupling new enabling technologies with its dataset to the industries that it is expanding into.

“Many traditional industries continue to be disrupted by the ever evolving network effect of the Internet and by applying data analytics to these different sources of data, we are able to provide differentiated services,” he said.

He added that it was impossible to define the potential market size of MyEG because its scope of products and services were constantly expanding.

“We take a much wider perspective of the potential addressable market from the conventional view.

“We consider products and services that we can expand into, leveraging on our existing services as the potential addressable market. Hence, the market size is not easily defined,” he says.

MyEG has come a long way since it was listed on the local exchange’s Mesdaq Market (now Ace Market) in January 2007 at 55 sen a share and a market capitalisation of some RM69mil.

The stock was transferred to the Main Board two years later. Today, MyEG has a market capitalisation of RM5.87bil.

The stock’s popularity has increased over the last decade, with MyEG being seen as a darling stock because of its consistent upward trajectory.

The company piqued investor interest when it was initially seen as a partner of the Government because of its concessionaire status for Malaysia’s various e-government flagship applications.

Even an investor who has held on to the stock over the last five years, would be 15 times richer at its current price of RM1.63.

That’s not surprising, considering that over a five-year period, the stock has delivered a compounded annual growth rate of 45.1% on its profits and 36.8% on its revenue. Its shareholders equity has also grown by 32% over that period.

At this price, it is trading at a price earnings ratio of 37.91 times.

However, the stock is delivering above average returns.

For the financial year ended June 30, 2016, MyEG registered a net profit of RM142.52mil on a turnover of RM281.73mil, indicating a margin of about 50% on its business. For its 2016 earnings, some 70% of its revenue already comes from the commercial segment. Hence, the company is evolving and growing new businesses at a rapid rate.

According to Wong, MyEG is focused on absolute growth, even if margins are sacrificed.

An observer said: “There are difficult barriers to entry for government concessions. But even if MyEG’s concessions were to be opened to more players, it would be difficult for the new player to take MyEG’s business

to develop a new system from zero is not easy. bug, etc... :)

politicians or senators should dispose off their shares in myeg if any. then, easier for myeg to be a neutral biz entity continuously or sold to the govt to become a GLC. Myeg software, system, etc is still made in Malaysia or a malaysia product. malaysia boleh too :)

myeg biz model, software, system, etc can be sold and used in other countries... a proven system... :)

just sell myeg to the govt to become a GLC :)

https://klse.i3investor.com/m/blog/kianweiaritcles/157289.jsp wait n see :)

in feb 2018, the share price was above rm1. :)

rising, at 80.5sen upon opening just now :)

the share price should improve gradually from now

The Group recorded growth in the first quarter of 2018 in operating revenue attributable to the
growth in digital global Travel business in the general reinsurance business and Motor class
in the general insurance business. Profit after tax also increased due to improved
underwriting performance from lower net claims incurred, as well as reduced management
expenses with better collections and lower marketing expenses.

Taken from its quarterly report :)

Commentary on prospects

The growing strength of the digital channels of the business will continue its trending for the
Group moving forward, in line with its vision to be the leading digital insurer in the region. The
growth in the digital channels is largely attributed to the digital global Travel business and
Tune Protect direct-to-consumer platform (www.tuneprotect.com). Comprehensive and
bundled insurance products have proven to produce positive results in the digital global
Travel business, as the Group continues to optimise algorithms and personalise offers
leading to higher take up rates for the business.

Moving ahead into the year, the Group is exploring opportunities to collaborate in the
Insuretech space to further facilitate the growth of our digital business. In May 2018, we have
partnered with a 5th airline which opens up a wider Middle-East market for the digital global
Travel business. In line with one of its strategic pillars, the general insurance business plans
to grow by acquiring critical mass through affinity partnerships in the Non-Motor business.

airasia's share price has exceeded rm4, not much dilution to carry out share swap with tune protect now, :)

those have money, buy and hold till share swap with airasia, etc. :)

tony stated in his book published last year.. He intends to put all his companies including tune pro under one holdings co , no conflict of interest,,,, Be patient, maybe, share swap with airasia bhd soon :p

It seems promising :)

We retain our Overweight call on the Malaysian insurance sector in view of the positive growth prospects for the Takaful segment and for Tune Protect’s overseas business.

“Tune Protect is our top pick for the sector. Key downside risks to our call are a slowdown in premium growth and a spike in claims ratio,” it said.
Read more at http://www.thestar.com.my/business/business-news/2017/11/15/will-aia-great-eastern-prudential-list-on-bursa/#2HH8z5rsr6MLFETl.99

:)
https://www.thestar.com.my/business/business-news/2017/11/15/online-entrepreneur-joins-tune-protect-as-deputy-group-ceo/

only played by foreign funds :)



Thursday, 9 Nov 2017

6:22PM TUNEPRO RIVER AND MERCANTILE ASSET MANAGEMENT LLP (261,100 units Transferred)


Tuesday, 24 Oct 2017

6:20PM TUNEPRO DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)


Friday, 20 Oct 2017

5:32PM TUNEPRO RIVER AND MERCANTILE ASSET MANAGEMENT LLP (550,400 units Acquired)

5:28PM TUNEPRO RIVER AND MERCANTILE ASSET MANAGEMENT LLP (414,700 units Transferred)


Friday, 6 Oct 2017

12:52PM TUNEPRO RIVER AND MERCANTILE ASSET MANAGEMENT LLP (592,900 units Acquired)


Monday, 11 Sep 2017

1:07PM TUNEPRO RIVER AND MERCANTILE ASSET MANAGEMENT LLP (362,200 units Acquired)


Tuesday, 5 Sep 2017

12:49PM TUNEPRO RIVER AND MERCANTILE ASSET MANAGEMENT LLP (2,477,600 units Acquired)


Tuesday, 29 Aug 2017

1:04PM TUNEPRO RIVER AND MERCANTILE ASSET MANAGEMENT LLP (183,200 units Acquired)


Monday, 28 Aug 2017

12:48PM TUNEPRO RIVER AND MERCANTILE ASSET MANAGEMENT LLP (1,875,000 units Acquired)

only foreign funds are interested, continue to buy :)

Tuesday, 24 Oct 2017

6:20PM TUNEPRO DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)


Friday, 20 Oct 2017

5:32PM TUNEPRO RIVER AND MERCANTILE ASSET MANAGEMENT LLP (550,400 units Acquired)

5:28PM TUNEPRO RIVER AND MERCANTILE ASSET MANAGEMENT LLP (414,700 units Transferred)


Friday, 6 Oct 2017

12:52PM TUNEPRO RIVER AND MERCANTILE ASSET MANAGEMENT LLP (592,900 units Acquired)


Monday, 11 Sep 2017

1:07PM TUNEPRO RIVER AND MERCANTILE ASSET MANAGEMENT LLP (362,200 units Acquired)


Tuesday, 5 Sep 2017

12:49PM TUNEPRO RIVER AND MERCANTILE ASSET MANAGEMENT LLP (2,477,600 units Acquired)


Tuesday, 29 Aug 2017

1:04PM TUNEPRO RIVER AND MERCANTILE ASSET MANAGEMENT LLP (183,200 units Acquired)


Monday, 28 Aug 2017

12:48PM TUNEPRO RIVER AND MERCANTILE ASSET MANAGEMENT LLP (1,875,000 units Acquired)

profit before tax was positive in 2017 compared to a loss before tax in 2016... improvement.... based on the annual report 2017 released today :)

Bjtoto is likely to buy bjassets gaming biz :)

BAssets has plans to attain a syariah-compliant status. Towards this end, the group is looking at potentially moving its 65%-owned gaming entity, Natural Avenue Sdn Bhd, under another Berjaya company.

Natural Avenue is the exclusive agent for Sarawak Turf Club’s special cash sweep numbers forecast lotteries.


Read more at http://www.thestar.com.my/business/business-news/2017/10/07/royal-boost-for-berjaya-assets/#xSLCMMLlacQxuUcL.99

I think BToto will buy the gaming biz of bjassets as bjassets to become shariah compliant share

No game changer

Meanwhile, the increase in BAasset’s stake in the Sarawak NFO business is not expected to be a game changer for the group.

After all, the NFO market in Malaysia will likely remain sluggish over the medium term because of the prevailing weak consumer sentiment in the country.

Over the week, BAssets through its subsidiary Tropicfair Sdn Bhd (TSB) entered into a share sale agreement yesterday to acquire the remaining 50% stake, or 3.5 million shares, in Megaquest for a cash consideration of RM108mil, or RM30.81 per share, from Violet Circle Sdn Bhd (V-Circle).

The deal will enable BAssets to raise its effective stake in Natural Avenue Sdn Bhd (NASB) - the exclusive licensed agent for Sarawak Turf Club’s Special Cash Sweep Number Forecast Lotteries to conduct the 1+3D Big/Small and 3D Big games in Sarawak – from 65% to 100% upon completion of the proposed acquistion in the next six months.

The Megaquest group has a 70% stake in NASB, while the remaining 30% stake in NASB is directly held by three other wholly owned subsidiaries of BAssets.

Duta Yap and his son Yap Wee Sean are among the directors of Megaquest, which is a 50:50 JV between TSB and V-Circle. V-Circle, on the other hand, is jointly owned by Duta Yap’s wife Puan Sri Leong Li Nar and son Yap Wee Chun.

“The deal can help boost earnings for BAssets, but we do not think it will be significant mainly because NASB itself is already experiencing shrinking earnings amid a challenging market,” an analyst says.

“BAssets itself has conceded that the rampant illegal gaming in Sarawak is negatively impacting NASB’s earnings,” he adds.

In its filings with Bursa Malaysia, BAssets revealed that the Megaquest group posted a net profit of RM9.35mil and revenue of RM225.52mil for the financial year ended June 30, 2015.

This represented a decline of 31% from a net profit of RM13.53mil and 6% from revenue of RM239.8mil in the preceding financial year. In FY2013, the group’s net profit was RM14.13mil against revenue of RM236.86mil.

“The NFO market in Malaysia is rather saturated, with limited growth opportunities, so we don’t see much excitement with BAssets increasing its stake in NASB... it is certainly not a game changer for Berjaya group,” a market observer argues.

Be that as it may, Tan is still seen as putting his bets at the right places.

And as US presidential hopeful Donald Trump once said, “it’s good business being the house”.

once confirmed, the share price will jump crazily :)
http://www.theedgemarkets.com/article/entry-south-korean-investor-tune-protect-could-remove-overhang-accelerate-growth-—-uob-kay

fundamental analysis, not based on graph or technical analysis :)

top 10 most active counter today... tune share & warrant :)

wait till feb 2018. see the results of a full year. now till feb 2018, just close your eyes :)

replaced if not meeting high target set by top mgmt