construction counters in cosolidation mode now....construction will be the theme once ecrl news announce...main contract will go to big companies like ytl and gamuda ikhmas will get sub contract from them

ecrl contract coming

the only catalyst to reverse the trend and start uptrend is good and positive QR pray hard

looks yummy technical wise

huge hammer formed trend reversal signal sharks all started collecting

cscsteel reported good qr today...maybe its time for steel companies to turnaround? maybe lionind will report surprise green qr hmmm....

https://newsroom.airasia.com/news/2019/8/22/airasia-x-delivers-rm101-b...

"The Company reported a net cash generated from operating activities of RM268.8 million, a significant increase year-on-year (“YoY) from the previous year’s RM23.5 million. More importantly, AirAsia X Malaysia posted Revenue per Available Seat Kilometre (“RASK”) of 12.03 sen, up by 2% on the back of an increase in average base fare (“ABF”) by 5% in 2Q19 to RM437 from last year’s RM418. On capacity, Available Seat per Kilometre (“ASK”) Capacity declined 6% YoY to 8,442 million and Passenger Load Factor (“PLF”) remained fairly stable at 80% during the quarter. "

Loss is due to depreciation, operation statistics and financials are growing tremendously

aax loss is due to depreciation la operating EBITDA earn 120+mil from loss last year

but ppl will still panic sell in the morning but dont be surprised to see sharks collecting at low and close at flat or green bank analyst all know how to read financial statements they purposely put low TP so u will sell to them they know more than you ;)

dont be surprise if close green or flat tmr

https://newsroom.airasia.com/news/2019/8/22/airasia-x-delivers-rm101-billion-revenue-in-2q19

"The Company reported a net cash generated from operating activities of RM268.8 million, a significant increase year-on-year (“YoY) from the previous year’s RM23.5 million. More importantly, AirAsia X Malaysia posted Revenue per Available Seat Kilometre (“RASK”) of 12.03 sen, up by 2% on the back of an increase in average base fare (“ABF”) by 5% in 2Q19 to RM437 from last year’s RM418. On capacity, Available Seat per Kilometre (“ASK”) Capacity declined 6% YoY to 8,442 million and Passenger Load Factor (“PLF”) remained fairly stable at 80% during the quarter. "

Loss is due to depreciation, operation statistics and financials are growing tremendously

will it repeat what happened in 2015? lowest go down 0.15 then rebound to highest to 0.5 in years

mainly due to depreciation la operation wise EBITDA net profit 120+ million

EBITDA improved so much though.......

from someone on klse screener:

"imo - it's a decent performance from it's growth perspective. the revenue growth continues to outpaced profit growth which implies a sustainable growth despite the political and economic headwinds. the top line performance of automotive segment grew 4.3% in the first 6 months of 2019 which implies it's gaining market share. bear in mind that the automotive lighting business is expected to grow at 7-8% cagr. for D&O annual revenue yoy showing a 3.12% cagr since 2014 ($421M) until 2018 ($491M).

as the first half has shown a 4.3% growth and assuming D&O is able to end the fiscal year (2 more quarters to go) with a 3% revenue growth compared to 2018, that will bring it to $505M total revenue which will then implies a 3.08% cagr. Looks decent to me based on an industry with a single digit cagr projection. there is also signs that inventory is coming down in accordance to market demand. on the other hand, other automotive LED like OSRAM is seeing a negative trend in revenue development :)

from the financial perspective, gross profit came in flat at $62M and gross profit margin at 27.1% versus 27.4% on lower capacity utilization. the group generated positive $41.7M cash flow from it's operations before changes in working capital. at the same time, $34.3M capex and $8.3M div payout resulting in negative fcf of $32M. the mgmt indicates reduction in working capital and renovation of new factory is on schedule with support function to move into new building by end of 2019."

result actually quite good to be honest, revenue qoq and yoy increase, profit qoq still can stay same and only yoy decrease (which is expected and already priced in). market expect the revenue and profit to drop more actually so given current market sentiment and prospects the results consider very good and show D&O resilience

wah this week fly liao la

oil price crash below $57!!

oil price crash below $57!!

ikhmas will get ecrl sub contract

double bottom rebound hopefully back to 0.24 and if positive qr head upwards more

double bottom rebound uptrend next

huge rebound huge hammer formed trend reversal coming

what a big rebound from today early morning huge dip, huge hammer trend reversal formed

lol we not saying epf holding will limit up we saying now epf emerge as substantial shareholder will bring the share price up cos epf probably know more inside news than we do and got so many construction company why they choose ekovest at this moment when bandar malaysia is about to announce dont think its just pure coincidence

i dont mind drop abit bit cos i am betting for it to go up 30%!! the chance for it to limit up is higher than downtrend to be honest

company with ard 10b revenue every year and growing, but share price only RM1.96? think for yourself lo

this week market very bad la not just d&o drop wait next week market strong rebound

strong rebound given how bad the market is today

furniture counters coming

as long dont fall below 0.23 then uptrend line still intact

once gov confirm the news, rm1 straight

limit up this week!

bought in at around 2.8+ before SD, will top up again this coming week to average down, that way can fully leverage on dividend + capital gain

again higher low formed, rebound at support last week, next week should see further rebound

higher low, rebound next week

steel counters will be in the spotlight this coming weeks due to constructions theme coming in play

kyy coming to goreng d&o soon all in now tp rm1

next week constructions especially ecrl bm related all rebound after this week's correction rmb ikhmas was one of the qualified ecrl sub contractors

second leg of higher low formed, see next week can rebound back or not

tmr will down la ppl still start take profit at around 1.6 especially those who enter around 1.4

wah lucky still can close above 0.605 today support still intact

after agm then will limit up

collect collect collect

30c quite impossible la this time, i think around 10c? iwcity might be higher i think around 15-20c

to all ekovest holders, lets all huat tgt this week!!!

limit up round 3 coming soon

gg big shooting star, lucky sold at 1.03 this morning. will revisit if price retrace little bit goo luck yall

alamak no power dy today, but its normal ppl take profit on friday, next week start wave 2

if can break 1.6, uptrend to rm2 possible