Sarawak Consolidated Industries Bhd (SCIB) has secured a sub-contract worth an estimated RM16.8 million in a construction project for the Sarawak police air operation force. SCIB said its wholly-owned subsidiary SCIB Industrialised Building System Sdn Bhd was awarded the job, involving the supply of precast components for the apron and taxiway of an air base, by S&I Urban Designers Sdn Bhd. SCIB said the contract is expected to contribute positively to its future earnings, as any profit attributable to the group would be realised in stages during the tenure and progress of the contract.

they swallow a lot, at 0.07....can it be new support?

https://theedgemalaysia.com/node/691412

PM: 30-day visa free entry for visitors from China, India beginning Dec 1

https://newsroom.airasia.com/news/airasia-adds-over-5-million-seats-for-flights-between-china-india-and-malaysia-in-2024#gsc.tab=0

AAX’s PN17 Exit a Precursor to Aviation Group Merger With Capital A?
Source : MAYBANK, Price Call : BUY, Price Target : 3.40
Last Price : 2.16, Upside/Downside : +1.24(57.41%)

https://theedgemalaysia.com/node/690178?fbclid=IwAR1pSA11KKb7J241OcpLqs3I8AxbKX7MNJyd6W-fQfBPY9xkgbfvQYus_gc


SAN FRANCISCO (Nov 15): Nasdaq-listed Enovix Corp, which is an advanced silicon battery company, will invest a total of US$1.2 billion (RM5.8 billion) in Malaysia over a period of 15 years, which includes an RM315 million manufacturing line announced in August.


The manufacturing line co-partnered with YBS International Bhd will be located in Penang.

Enovix Malaysia Sdn Bhd is currently in the process of installing its machinery, and this is projected to be fully operational in 2024, it said in a statement here on Wednesday.

technically TA superb
index also superb
sentiment also superb

just waiting government approval on increase water tariff, only then you & i know how far it will "rokets"

YTL is green
YTLPWR is green
Utilities index also green
Ranhill is going surely upwards!

those sell early gonna regret later.. :-)

"Our quick channel checks suggest this is a strategic investment decision for YTL Power, as it sees good assets within the Ranhill group, such as its exclusive rights to Johor water supply and Sabah power sector exposure. Ranhill has been building exposure to the renewable energy (RE) sector via its soon-to-be-operationalised 50-megawatt (MW) Large Scale Solar 4 (LSS4) plant, and is actively looking to expand its presence in this space," the local research firm said.

"The entry of a large multinational utility as YTL Power into Ranhill speaks volumes of the value of the latter," MIDF Research said, reaffirming its "buy" calls on Ranhill, with a target price (TP) of 80 sen, and YTL Power, with a TP of RM2.45.

https://www.iproperty.com.my/news/budget-2024-key-highlights-and-list-of-incentives-90333?fbclid=IwAR0BOZvK41MIdXzh7yenKrCaTHCHBqpL0C8OtUDpedMkbgcJ7OClB492jUQ

revival of bandar malaysia project

potentially LU today!

*YDPA next coming from Johor

going crazy....

KUALA LUMPUR (Sept 18): Shares in UEM Sunrise Bhd rose as much as 13.5 sen or 18.49% in active trade on Monday, pushing the counter to a four-year high of 86.5 sen.

At 5pm, the counter closed at 84.5 sen, still up 11.5 sen or 15.75%. It was the second most active counter on Bursa Malaysia, with 148.88 million shares traded, more than two times its 60-day trading volume of 55 million shares.

The counter has risen more than 231% this year, on sentiment play amid an inflow of positive news for projects in Johor, in particular near the Iskandar region, where UEM Sunrise’s portfolio is mostly located.

RHB Research, in a thematic note on Johor, described that UEM Sunrise “is the best proxy for Iskandar property market recovery, given that 92% of its land bank is located in Johor”.

It added that UEM Sunrise’s 2,461 acres (995.93 hectares) of land in Gerbang Nusajaya is expected to benefit from the upcoming High Speed Rail (HSR) “as the proposed Iskandar Puteri station [under the previous plan] will be located there”.

“We believe that the RTS (Johor-Singapore Rapid Transit System) and HSR projects will be key catalysts for the Iskandar property market to grow, and the connectivity and convenience at the CIQ (customs, immigration and quarantine complex) will be major factors driving the long-term growth,” RHB Research said.

https://theedgemalaysia.com/node/682954?fbclid=IwAR3Kb4lPd1O9SFCLht7ekjEehbMj9hYYjgOGA-_9nOOW1yer22gkkiYdutQ

strong buy signal...PN17 coming soon

FOMO shall start at 2.63

TA superb, 2nd week on green still...

pn17 upliftment anytime now on...

TAYOR

a few more booster

1.PN17 upliftment
2.AAX thai performance to be included.
3.AAX Q3 much stronger performance

possibility of announcement uplifment PN17 soon...

big shark still non stop chewing in...something brewing...

big shark start chewing in...

2.5 pecahhhhhh, uptrending just started

FOMO started, above 2.45 today means tomorrow onwards going to be more wild

no news means good news...buy on rumours
sell on news soon.

games just started...TAYOR!

Bank of Malaysia research analysts noted that after restarting their review of AirAsia X, they met with the company's senior management and learned that the move to leave the PN17 ranks was underway, although, more importantly, the company received no negative feedback on the application.

AirAsia X announced in July this year that it had applied to Bursa Malaysia to leave the PN7 ranks. Analysts said the company's shareholder fund has exceeded RM17 million, plus three consecutive quarters of profitability, which meets the application criteria.

"Last Wednesday (2nd) AirAsia X announced that the exchange has not yet made a decision. However, the exchange did not give any negative response, only seeking more clarification. AirAsia X hopes to receive a response by the end of the month. ”

Tourism recovery Supply and demand balance Aviation sector rating upgrade
Sinchew Wed, Aug 09, 2023 09:45am - 1 hour


KUALA LUMPUR (Jan 8) – Analysts are optimistic about the prospects of Malaysia's aviation sector due to consumers' interest in travel, only a slight increase in travel package prices, and a balance between supply and demand in the aviation sector, upgrading the "underweight" rating to "neutral".
https://www.sinchew.com.my/20230809/%E6%97%85%E6%B8%B8%E5%A4%8D%E8%8B%8F-%E4%BE%9B%E6%B1%82%E5%B9%B3%E8%A1%A1-%E8%88%AA%E7%A9%BA%E9%A2%86%E5%9F%9F%E8%AF%84%E7%BA%A7%E4%B8%8A%E8%B0%83/

Maybank IB Research said efforts to uplift its PN17 classification are ongoing and more importantly, have not received any negative feedback.

It said that AAX qualifies to have its PN17 classification lifted as its shareholders’ equity is already more than RM40mil and it has generated three consecutive quarters of profits. AAX hopes to receive a reply by month end on the matter.

The research house added that TAAX has executed its debt restructuring and is awaiting court sanctions. Post-court sanctions (likely in 4Q23), AAX will account for its share of TAAX’s profits.

If AAX recognised 49% of TAAX’s 1Q23 core net profit, its 1Q23 core net profit would have surged by 74%.

On its planned acquisition of Capital A Bhd’s four short-haul airlines, AAX stated that has not been finalised though it is in a strong negotiating position.

Maybank IB Research said efforts to uplift its PN17 classification are ongoing and more importantly, have not received any negative feedback.

It said that AAX qualifies to have its PN17 classification lifted as its shareholders’ equity is already more than RM40mil and it has generated three consecutive quarters of profits. AAX hopes to receive a reply by month end on the matter.


https://www.thestar.com.my/business/business-news/2023/08/08/airasia-x-earnings-expected-to-improve

Tuesday, 08 Aug 2023

waiting upliftment of PN17
waiting upcoming QR in 1 week plus only

not enough booster
imagine the price if both is very positive (and surely is!)

wait no more...TAYOR!

https://www.businesstimes.com.sg/companies-markets/brokers-take-maybank-re-initiates-coverage-airasia-x-buy-forecasts-record-net

"Importantly, AirAsia X's shareholders' equity has demonstrated a positive turnaround to RM40.8 million, from a negative shareholders' equity of RM285.2 million in the preceding quarter, which now paves the way for AirAsia X to address its Practice Note 17 classification, subject to regulatory approval."

let's dream further, uplift of PN 17 status due in July, What would be the next price point?
give your fair value, guess your number....2023 gonna be AAX triumph year

https://www.nst.com.my/business/2023/05/914591/airasia-x-records-rm327mil-net-profit-q1

KUALA LUMPUR: AirAsia X Bhd registered a net profit of RM328 million for the first quarter ended March 31 2023.

The airline said its revenue was reported at RM548.8 million, marking a significant recovery of close to 50 per cent of the performance achieved in 2019.

The improved metrics are even more favourable as only two more additional aircraft were activated during the quarter, with another six aircraft in line to commence operations as of May 2023.

next substations 2.5 still intact, by this week ;)
super booster QR announcement shall be announce anytime from today

HODL & tayor!

haha guys FOMO starts, told ya!

buy now cheaper vs half an hour later ;)
TAYOR!

big boys start coming in, take off started?

ready to fly?

;-)

lesser throw-up means people is HODL, ermm smell something ;-)
next substation, 2.5 plsss

Next station 2.5 by next week. do not wait till Friday only then wanna buy, QR most likely over the weekends, it's too late then..
super-bullish counter for KLCI, ACT NOW! and thanks to Tony/Kamarudin

Nice closing..tomorrow gap up & surpassing 2.0 :)

now FOMO start, let's chase, the higher the better ;-)

The airline had previously reduced its fleet size to nine aircraft from 24 over the course of its operational hibernation amid the Covid-19 pandemic. Between March 2022 and May 2023, AAX has added eight aircraft to its fleet, bringing its total fleet size to 17 aircraft, with 11 fully activated and operational to-date. It said it is working towards having more aircraft fully activated and operational by the end of the year.

https://klse.i3investor.com/web/blog/detail/ceomorningbrief/2023-05-23-story-h-269781118-AirAsia_X_Offers_RM50_Mil_Worth_of_New_Shares_for_Working_Capital

now u sell bcoz scared of PP, later u chase high, then u keep repeating the same, people buy u buy, people sell u sell, then u complain trading/invest bursa is a scam...haiyya

Bilis sell cheap cheap, shark keep eating, sooo delicious, yum yum

collect! collect!

HODL until QR is out...you wont regret

now tony start to "flex" its muscle ;)
long way to go, let's chip in, bilis sedunia! b4 shark took over, then its too late

don't play-play wt Tony ya ;)
if able to maintain >1.8, today exercise we call "flushing" into the bowl-T

Finally, great wall of 1.8 been torn-down ;)
next action movie tbc tmrrw, let's welcome 2.0 ...soon

yesterday TP day, same as KLCI
if it doesn't break 1.7 then it shall try to break 1.8 again
now slowly UP

break and maintain >1.8, nearest destination 2.0

tayor! all is good for AAX, until QR announcement