Q3 should be better than Q2.
Could be out today.

The uptrend will resume soon :-)

PNB recent selling could be linked to funds raising for Heitech Padu's new projects. This being the latest one: -
https://m.malaysiastock.biz/Company-Announcement.aspx?id=1184085

FORMATION OF PT DESA TECH NUSANTARA, A JV COMPANY BETWEEN HEITECH PADU BERHAD AND PT KIRANA INVESTAMA NUSANTARA

HeiTech Padu Berhad (“HeiTech” or “The Company”) is pleased to announce that The Company with PT Kirana Investama Nusantara (“PT KIN”) has established a joint venture company in Indonesia (“JV Company”) named PT Desa Tech Nusantara. (PT DTN)

Purpose of JV Company - PT DTN shall explore business opportunities which encompasses the development and deployment of a Shariah Compliance Cooperative System (Baitulmal Wat Tamwil (BMT) with revenue earn on a transactional basis.

Source of Funding - The capital outlay to be rendered by HeiTech shall be satisfied in cash vide internally generated fund of The Company.

HeiTech's projected cash outlay for the investment in the JV Company shall be estimated as follow: -
Initial Paid Up Capital = Rp 3.0 Milyar (RM900,000);

Good level to buy again :)

HTPadu to benefit from this substantially?

E&E companies to get tax incentives to switch to digital economy

By Arjuna Chandran Shankar | 2019-10-11 18:14:40
KUALA LUMPUR (Oct 11): The government will provide tax incentives for electric and electronic (E&E) sector companies to transition towards the digital economy based on 5G technology and Industry 4.0.

In his Budget 2020 address, Finance Minister Lim Guan Eng said E&E companies that invest in selected knowledge-based services will receive income tax exemptions for up to 10 years.
http://www.theedgemarkets.com/article/ee-companies-get-tax-incentives-switch-digital-economy?type=malaysia

Get on board the plane before it takes off :-)))

Followed Icon8888 to buy some @1.04.
Thanks!

US envoy: Our firms growing in M'sia despite global economy concerns
1:32 pm (Updated 1:32 pm)

"Lakhdhir also said the two countries can work together on the US’ visa waiver programme, especially with the country's new enhanced immigration programme.

She said the discussions on the US visa waiver programme for Malaysians have resumed after Home Minister Muhyiddin Yassin broached the topic during a recent meeting with acting US secretary of homeland security, Kevin McAleenan.

There was more focus on border security, information sharing, visa vetting and security issues after Donald Trump was elected as US president, she added.

Under the waiver programme, a citizen from specific countries can travel to the US for up to 90 days without having to obtain any visa.

Discussions on a visa waiver for Malaysians started back in 2013 and went on until 2016."
https://m.malaysiakini.com/news/494647

PSP IS A CASH COW BUSINESS!!!

https://klse.i3investor.com/m/blog/Undervalued/226509.jsp
I thought HTPADU worth RM10 (About 10 times the current share price)
Author: samheong78 Publish date: Tue, 24 Sep 2019, 9:21 PM

The below maths are based on information from above URL

Parking rates in Penang 80 cents an hour
12 hours of chargeble parking for 1 day
There are 36000 parking bays
There are 25 days chargeble of parking in a month (excluding Sunday)

Hence monthly income from the parking is
0.8 * 12 * 36000 * 25 = 8.64 million
One quarter of earning = 8.64 * 3 = 25.92 million
HTPADU took 65% profit sharing = 16.848 million

Assumming only 70% of users actually pay the parking
One quarter of earning = 0.7 * 16.848 million = 11.7936 million
converting into EPS almost about the same as 11 cents
Annualised that become 44 cents

If we pegged HTPadu at 20 X EPS, means fair value about RM9
Thats only from the parking alone. How about other profitable business like Mypay which will launch soon?
How about other mega projects that might be awarded to HTPADU as well?

Comment: Going forward, TP of RM80 is no longer a dream when the other mega projects were to be awarded to them.

New immigration system to keep foreign terrorists out, says Muhyiddin
Bernama -September 17, 2019 12:29 PM

WASHINGTON: Home Minister Muhyiddin Yassin says the new immigration system will incorporate mechanisms to prevent foreign terrorists from crossing the borders.

Speaking in the US capital here, he said the government’s commitment to strengthening its border security would be reflected in the implementation and collection of advance passenger information and passenger name record.

“Both applications are being integrated into the new immigration system which is being developed by the immigration department,” he said at the Banyan Tree Leadership Forum on US-Malaysia strategic relations at the Centre for Strategic and International Studies here.
https://www.freemalaysiatoday.com/category/nation/2019/09/17/new-immigration-system-to-keep-foreign-terrorists-out-says-muhyiddin/

HTPadu is poised to become a key player in the Malaysian data center market. Buy and hold! TP=RM80 :)))

Malaysian Data Center Services Market Forecast to 2025 Featuring Key players - Bridge Data Centre, AIMS, NTT MSC, TM One, HeiTech Padu
PR Newswire September 11, 2019, 9:00 PM GMT+8

Competitive Environment - Key Participants
1. Bridge Data Centre
2. AIMS
3. NTT MSC
4. TM One
5. HeiTech Padu

https://finance.yahoo.com/news/malaysian-data-center-services-market-130000778.html

Collecting slowly for the explosive breakout tomorrow...???

Rumours had it that private placement price is at 1.30.
So, limit up at 1.52 is within reach lah.

Penang smart parking system paid for by firm, not state gov't'
Updated Aug 21st, 2019

The company responsible for the Penang Smart Parking System (PSP) has said that the programme is a Private Finance Initiative (PFI), refuting news reports that it was paid RM115 million to install sensors for 647 council parking lots in Penang.In a press statement today, HeiTech Padu Berhad’s (HeiTech) corporate communications department said the firm would bear the costs of implementing the system and operating it throughout the duration of its seven-year contract.

"During this period, the Penang government, Penang City Council (MBPP) and Seberang Perai Municipal Council (MPSP) will not incur any capital or operational expenditures for it," said HeiTech.

The firm was referring to state executive councillor Jagdeep Singh Deo, who had urged the company to explain hiccups and the absence of availability sensors, which were promised to drivers seeking parking lots via smartphones.
https://m.malaysiakini.com/news/488938

Haha...its rather obvious that politicians should just stick to politics & leave the technical aspects to the experts.

Just launched mah...sure got some minor issues here and there.
Even Singapore's parking.sg mobile app encountered a few teething problems with system glitches initially.

WHY EKOVEST?
(1) IWC has insufficient funds and lack of earnings to support such a big project;
(2) IWC has failed before when they tried to acquire IWH;
(3) Ekovest has 304mil warrants that expired on 25 June 2019. Assuming full exercise, Ekovest can raise RM150m for the company to be utilised and pay back IWH later;
(4) IWH-CREC has to pay additional RM500m, and IWH owns 60% of it. Therefore, RM300m is needed. IWH could take a bridging loan and repaid by Ekovest in the future;
(5) Ekovest's intention is to go into property. They have specifically mentioned that Ekovest intent to venture into property when they proposed to acquire IWC 2 years ago;

It is already a known fact that the US-China trade war has created a unique window of opportunity that will catalyse the development of the entire E&E industry in Malaysia for decades to come.

In hindsight, the potential spillover effect from Apple's 15-30% supply chain shift out of China to Southeast Asia will certainly be an added booster to the future earnings of Toyoplas.

Geographically, Toyoplas is strategically positioned to benefit from its seven manufacturing plants of over 1,000,000 square feet across three countries. namely: -
(1) Shanghai Dongguan and Nanning in China;
(2) Ulu Tiram, Muar and Senai in Johor, Malaysia; and
(3) Jakarta in Indonesia;

Hence, Toyoplas’ financial performance is expected to be sustainable, driven by robust outlook of the E&E industry in China and Malaysia, growing demand for plastic components from various underlying industries, including packaging, home appliances, automotive and medical devices.

ALL IT TAKES IS JUST ONE NAUGHTY MISSILE TO TRIGGER ARMAGEDDON!!

New Risk To Global Oil Supply
Phil Flynn | May 16, 2019 08:26AM ET
High Risk All Around
These threats include reports that U.S. intelligence had photographs of missiles on small boats in the Persian Gulf that were put on board by Iranian Islamic Revolutionary Guards.

These missiles could attack U.S. ships as well as other oil tankers that move oil through the Strait of Hormuz, the world's most important chokepoint, with an oil flow of 17 million b/d in 2015, about 30% of all seaborne-traded crude oil and other liquids during the year. In 2016, total flows through the Strait of Hormuz increased to a record high of 18.5 million b/d according to EIA and the Bab el-Mandeb.

On the one hand, it was reported that bearish EIA datas keeps oil prices down. In essence, Brent kept inching up above USD72...
Could the following headline overrule the cooked-up Americano's production datas...???

US orders 'non-emergency government employees' to leave Iraq
Directive comes as tensions between the US and neighbouring Iran ratchet up as US military forces head to the Gulf.

https://www.aljazeera.com/news/2019/05/orders-emergency-government-employees-leave-iraq-190515081039448.html

WHY GLOBAL OIL FLOWS WILL BE AT STAKE IN NEW MIDDLE EAST PROXY WAR?

Yemen Fights Back - Saudi Arabia In Deep Sh_t
Well the Houthis are really taking the fight home into Saudi Arabia and into the UAE. Saudi Arabia and the UAE launched an attack against Yemen in 2015 - FOUR years ago. They were hoping that the attack would not last more than TWO WEEKS. Well it has been FOUR years now and the Saudis are even further away from winning the war.

There has been a significant development over the past few days when Houthi divers (obviously) attached limpet mines to FOUR oil tankers and seriously damaged them. Even more significant is the fact that the attack took place in UAE waters.

A couple of days later the Houthis launched attack drones which blew up TWO oil pumping stations along major Saudi pipelines and set them on fire. Oil flow has been stopped.

This is NOT really an escalation. The Houthis are at last bringing the fight deeper into Saudi Arabia.

My comments :
That drone attack is quite a distance from the Yemen border, almost 1000 kilometres. The Houthis obviously have the capacity to launch a drone for such a long distance with sufficient fuel and payload.

The attack on the FOUR tankers took place near the Straits of Hormuz, again a long distance from Yemen. The natural suspects would be Iran (along their shoreline) but they have firmly denied involvement. Again this shows some advanced capability, however this attack was planned and carried out.

Brent crude has already hit US70 per barrel.

The Iranians have de-escalated tensions by saying they are not involved and they will not be going to war anytime soon.

The US has also denied they want to go to war and Donald Trump has dismissed the fake news about the US sending 120,000 troops to the Gulf.

This means that the Saudis - UAE are quite alone in fending off these increasingly sophisticated, daring and extremely low cost attacks by the Houthis.

Their camel is getting cooked.
http://syedsoutsidethebox.blogspot.com/2019/05/yemen-fights-back-saudi-arabia-in-deep.html?m=0

EIA oil price forecast up $5 per barrel
US drilling activity expected to increase based on higher prices, with production expected to average 13.4 million bpd next year
Kristen Nelson / Petroleum News

The Brent crude oil spot price averaged $71 per barrel in April, the U.S. Energy Information Administration said May 7, an increase of $5 from March and just below the April 2018 price, and the agency has increased its forecast for the annual average for both this year and next.

Happenings behind the scene...

RE-ORGANISATION OF GROUP STRUCTURE
http://m.malaysiastock.biz/Company-Announcement.aspx?id=1141860

When Warren joins the fray, you are on the right track with Hibiscs!

Buffett’s Big Bet On Energy
By Irina Slav - May 06, 2019, 9:30 AM CDT
https://oilprice.com/Energy/Energy-General/Buffetts-Big-Bet-On-Energy.html

The findings from the model indicate that the current disruption will likely cause prices to increase sixty-six percent at their peak. Roughly speaking, Brent will rise to between $114 and $126 per barrel.

This conclusion results from my calculation that the present episode will take roughly two percent of supply from the market.

The reduction will come from falling Venezuelan production, which is also subject to US sanctions, the declining Iranian exports, and a modest cut in Libyan exports.

The latest issue of The Economist warns that “the risk of an oil price shock is increasing.” The editors are correct.

Thinking of the Einstein quote above, I end by paraphrasing the title of a great book by Carmen Reinhart and Kenneth Rogoff: “This time will not be different.”
By Philip Verleger for Oilprice.com

Truly grateful for the generous Sp Div of 32.6sen for I was only expecting a more conservative figure of 25.75sen only.
Hoping to catch it cheap again at 1.20 is a forgone conclusion. Many of my kakis who missed the boat have only themselves to blamed for they weren't anticipating the Sp Div to be announced so swiftly...sob2x!
Monday will be totally a new ball game for the sleeping beauty has awakened. Being a cornered share, a limit up cannot be discounted!!
At the same time, they could be unvieling numerous new projects that had already been secured... read in btwn the CEO's lines below...

“Returning capital to shareholders in the form of this 32.6 sen special dividend is a reflection of KPS’s recent results of its corporate exercise, strong financial position and our confidence in the company’s financial future. It is also a way of rewarding our shareholders for their continuous support on the company’s corporate exercise and strategic initiatives.

"Our excess capital remains at a level which will afford us the financial flexibility to grow our business and ensure a healthy balance sheet.” said Ahmad Fariz Hassan, the managing director and chief executive director of KPS.

“With the completion of Splash divestment, we can now be fully focused in executing our business transformation and value creation plans to unlock the full potential of our core businesses, thus on track to create long term value and generate greater sustainable returns for Perangsang Selangor and all our shareholders,” he added.

Finally, it's sealed :-)

Gamuda and Perangsang Selangor own 40% and 30% stakes in SPLASH Holdings respectively.
Gamuda and Perangsang Selangor said SPLASH Holdings "had on 24 April 2019 received the upfront sum of RM1.90 billion from Air Selangor. As such, the offer has been completed on even date. Accordingly, SPLASH shall cease to be a subsidiary of SPLASH Holdings with effect from 24 April 2019."
http://www.theedgemarkets.com/article/gamuda-perangsang-selangor-say-splash-offer-turns-unconditional?type=malaysia

Right ARBITRATION is the word...the Courts will advise both parties to arbitrate until an amicable solution is reached and move on.
Imagine how embarrassing it can be if the Judge were to adjudicate the PH Govt bankrupt for failing to pay up with costs.
Foreign investments will kaput. That is why ECRL, BM, HSR, etc are all legally binding and the govt can never win if they were to fight them out in Courts.

Courts hearings are based on facts not hear say.
Period.

Buy before they announce Smart Niche Group (SNG) as the assigned contractor to build the hospital project in Nilai.

From the legal point of view, the govt will not be allowed to re-tender SKIN to a 3rd party pending the present claims by Presbhd.

This is because Presbhd through their solicitors would have applied to the courts for SKIN to be caveated until such time its resolved by both parties.

Hence, it makes no sense to over-react negatively to the claims for when it comes down to the facts, the govt will be caught with their pants down & Presbhd will have the last laugh!

https://drive.wps.com/d/AC3K5paLxacilIDAxeKTEQ

EIA report is out...figures favour another round of hike in oil prs :-)

Tan Sri has been buying for the past 2 days...insiders taking position ahead of some major announcements??

One week of the much needed correction is a healthy sign...followed by the price resurgence...

"Bank of America said that the Brent options market only implies a 2 percent chance that Brent spikes to $100 per barrel. The bank says everyone might be underestimating these odds. The “massive surge in distillate demand” later this year could “potentially push oil prices above $100 per barrel,” the bank concluded."

Legally, the filing of the claims for RM733m is just a formality to protect Presbhd's interests.

If the govt doesn't contest this compensation amount then it will be recognized as a Judgment Sum by the court of law. This means the govt will definitely have to pay up.

However, taking the cue form the ECRL's episode, the govt will certainly apply for more time from the courts to enable them to review & renegotiate the original costs with Presbhd again. Both parties will then try to reach an amicable solution such that its a win-win situation. The govt will not be so foolish as to forgo such a hefty penalty sum of RM733m!

Meantime, it's rather obvious that big syndicates are taking advantage of the layman's ignorance of the law to slam down the price in order to buy back at lower levels.

Range bound.
Tomorrow will move back up!

Gaining momentum...insider has been collecting for the past two weeks. Next week might not be able to get it below 0.20 anymore!

Wonder who is this new major shareholder, Dato' Leong Sai Mun?
http://m.malaysiastock.biz/Company-Announcement.aspx?id=1134418

The anticipated hike has resumed...how long more can the price of Hibi be suppressed in an uptrend oil market?...a very costly & painful affair for IDSS to continue borrowing scripts to short!

"The global investment bank now expects Brent crude to average $75 per barrel from its previous estimate of $69.50 a barrel. WTI forecast is also revised up to $67 per barrel, from $61.30 a barrel previously."

IEA: Saudi Oil Production Falls To Two-Year Low
https://oilprice.com/Energy/Energy-General/IEA-Saudi-Oil-Production-Falls-To-Two-Year-Low.html

On-track for further hike in oil prices :)

Having secured the shareholders'approval, its all systems go for the hospital project. Expect a whole slew of announcements regarding this matter to be made from hereon.

Massive accumulation seen between 0.18-0.185 levels over the last few sessions. Its just waiting for the rally to trigger and take-off anytime from now. Cheers!

NOW IS THE TIME TO COLLECT MORE SINMAH’S SHARES BEFORE HEALTHCARE REITS CORNERED THEM!

Here's the hint: - After their successful venture into KPJ Healthcare, "Al-Aqar Healthcare Reit" could be targeting Sinmah's lucrative hospital projects.
https://fifthperson.com/7-things-i-learned-from-al-aqar-healthcare-reits-2017-agm/

Healthcare business is a perpetual long-term growth business. Smart investors will take the prudent approach to grow their investment in Sinmah’s healthcare business.

This is not a buy call. Kindly do your own research before you invest. With health comes wealth. Goodluck :-);

Sold all my Dayang shares to collect more of Sinmah shares this morning.
Extremely bullish with a high volume of 36.9mil traded in the morning session alone.
Buy before it crosses 0.30!!!
Imagine if they were to built one hospital in each state, the estimated cost would be about RM7Bil.
Health is certainly Wealth :-)

The stage is formally set for Sinmah to diversify into the healthcare business...way to go :)))

ORDINARY RESOLUTION 3
PROPOSED DIVERSIFICATION OF THE EXISTING BUSINESS OF SINMAH AND ITS
SUBSIDIARIES (“SINMAH GROUP”) TO INCLUDE HEALTHCARE BUSINESS (“PROPOSED
DIVERSIFICATION”)
“THAT, subject to the approvals of all relevant authorities (if any), approval be and is hereby granted to Sinmah Group to diversify its principal activities to include healthcare business.
AND THAT the Board be and is hereby authorised to do all acts, deeds and things as are necessary to give full effects to the Proposed Diversification with full power to assent to any conditions, modifications, variations and/or amendments as may be required or imposed by the relevant authorities, and to take all steps and actions in the best interest of the Company as the Board may deem fit or expedient in order to carry out, finalise and give full effect to the Proposed Diversification.”
https://klse.i3investor.com/meeting/9776/12-Mar-2019/8151_509503749.jsp

Oil prices traded higher on Wednesday in Asia following news that the U.S. is planning some “very significant” Venezuela-related sanctions in the coming days, according to U.S. special envoy Elliott Abrams.
https://m.investing.com/news/commodities-news/oil-prices-rise-as-us-plans-more-venezuelarelated-sanctions-1805722

http://malaysiansmustknowthetruth.blogspot.com/2019/03/private-hospitals-ripping-off-public.html?m=1

With such unscrupulous practices going on, Sinmah' hospital project is on the right track!! A saviour to the M40 & B40 groups.

http://syedsoutsidethebox.blogspot.com/2019/03/private-hospitals-ripping-off-public.html?m=0

Monday, March 11, 2019
Private Hospitals Ripping Off The Public

The following is written by VM Chandran. It details the "predatory" and rip off behaviour of private hospitals in the country, especially large, corporate owned private hospitals in the Klang Valley. Do read my comments at the end.

Private Hospital care - Cost escalation, "Hidden charges" By VM Chandran

I have heard of "1st world facilities, 3rd class mentality". This has been an issue where people do not look after the facilities including its regular maintenance. This seems to be the "perennial disease" in Malaysia.

Now i must coin a new term, "3rd class facilities, 1st class charges,". This is based on my experience of a week's hospitalization at a reputed hospital in Kuala Lumpur. Save for the excellent Specialists who attended to me, the other aspects became a " nightmare".

KWAP boys very busy collecting....read in between the lines...
"KWAP proposes cutting the cost of the project, known as SKIN, by 17% to RM2.89bil, and increasing its stake in Prestariang if the project is revived, Bloomberg reported."

No more shorties...can only buy!

Lim Guan Eng said that the renegotiation of the ECRL project could conclude in time with PM's visit to China in April.

https://youtu.be/0rA1LQ9WY3U

Top up some...an excellent earnings growth company.
A potential blue chip in the making!