Now: RM1.79

Target prices:
RHB: RM2.26
Aminvest: RM2.09
TA Research: RM2.05
MIDF: RM1.94
Kenanga: RM1.87

https://www.thestar.com.my/business/business-news/2024/07/01/mah-sing-jobs-at-rm1bil-this-year

CORPORATE NEWS
Monday, 01 Jul 2024

Mah Sing jobs at RM2.829bil this year

In the second half of this year, he told StarBiz that the Klang Valley would see the development of Mah Sing’s projects such as M Zenya with a GDV of RM307mil in Kepong, M Azura (RM255mil) in Setapak, M Terra (RM472mil) in Puchong, M Legasi (RM63mil) in Semenyih and MSS Business Park (RM69mil) in Sepang.

In Johor, the group is set to develop the M Sinar project with a GDV of RM167mil and the M Tiara project with a GDV of RM396mil.

Mah Sing tops out M Arisa in Sentul

https://theedgemalaysia.com/node/717422

KUALA LUMPUR (July 1): Mah Sing Group Bhd (KL:MAHSING) topped out both towers of M Arisa, its affordable residential development in Sentul. The project is slated to be completed by 4Q2024 with construction currently at around 85% completed.

@ FutureBlooming: For SNS, it is a quick gain of RM1,250.

Things are moving. The Data Centre is not empty talk.

MahSing has successfully secured the 500MW power supply from TNB for its 20% Joint Venture with BridgeData Centre of 150 acre Data Centre in Southville City in Selangor.

I have seen gohkimhock No 2 position in I3 Stock Pick Contest 2024. Most gain from KGB-WB and MahSing. MahSing is a strong fundamental stock. I have bought my first batch of MahSing stocks at 1.78/1.79. Still got 4 more batches to buy at appropriate time and price.

The market needs to see proof from the next month ( Aug 2024) quarter results [JCY, Dufu and Notion]. Notion has recovered from the sharp selling due to cash upfront issue, but must also show proof of good results.

@zzz1981: I have gone to SNS but I have sold everything in the morning (2 July 2024).

Brokers demand cash upfront from investors for Notion VTec, YNH, Artroniq and APB

https://theedgemalaysia.com/node/717388

@ Chunah: You are correct.

@chunach: HLIB has long time ago made it compulsory for its clients to open a CTA (Client Trust Account). Clients must put a certain amount of money into the CTA. I am surprised when the forumers start talking of cash upfront. All trades, contra gain/loss are run by the trading computer system. No chaques are issued. The good thing is that the brokerage fees is down from 0.3% to only 0.1%.

@nselvara123: For all HLIB clients, it is compulsory to open an CTA (Client Trust Account) with a certain amount of money to be put into this account to trade. This is called cash-upfront. No cheques will be issued. The computer trading system will take care of buy, sell, contra gain/loss. The brokerage is only 0.1% per trade.

It is considered fortunate for most of us here who did not miss the boat. Today (1 July 24) has a powerful ending. For tomorrow (2 July 24), the sentiment got to be built up all over again at a higher price. It is day by day basis.

A HDD components are platters, a spindle assembly and an actuaror assembly plus a casing to strore those three components. JCY only supply the casing. The most important component is a logic board that controls the operation of the HDD.

An SSD components are a controller which performs a role similar to the CPU in a PC as cache memory, NAND flash for data storage and DRAM which links between the SSD and the external devises.

It is impossible for local players to produce and to assemble the above parts. Our country data centres have to import the HDD and SSD from SEAGATE, WESTERN DIGITAL or TOSHIBA.

But for super servers, the supplier will send them to SNS NETWORK. After that SNS will fixed them in each data centre [with after sales service (maintanance)]. SNS will do well starting from the 2nd quarter FY2024.

Old News:
https://www.thestar.com.my/business/business-news/2024/06/28/sns-network-receives-rm8552mil-purchase-order-for-ai-super-servers

Barring any unforeseen circumstances, SNS Network is optimistic about the business outlook for the industry on the back of growing demand for AI super servers from several technology firms.

https://www.sns.com.my/
Homepage of SNS Network. Kindly please take a look at their super servers.

This is the first green candlestick after consolidation between 72 sen to 96 sen for 12 trading days.

https://theedgemalaysia.com/node/708956
SNS Network aims to tap country’s data centre boom through new venture (Super Servers)

If we minus the net profit from the data centre land sales, we still have 289.03 - 80.83 = 208.20 net profit. It should hit limit up tomorrow.

Can someone kindly please let me know what is the one time gain which resulted in this 1st quarter unbelievable high net profit. Is it due to the sales of lands?

Got to force hng33 to cut lost in JCY to move to Notion. What if Notion continues to fall? For me just keep the profit (minus today lose a bit) back into the bank.

Going up from 65 sen to 93 sen is very exciting. Now down from 93 sen back to 65 sen. Calvintaneng is the culprit.

Hence, our country DC got to import the HDD from Seagate, Western Digital or Toshiba.

A HDD components are platters, a spindle assembly and an actuaror assembly plus a casting to strore those three components. JCY only supply the casting. The most important component is a logic board that controls the operation of the HDD.

Does JCY got so high technology? I do not think so. All our country DC will have to import from WD, SEAGATE or TOSHIBA.

An SSD components are a controller which performs a role similar to the CPU in a PC as cache memory, NAND flash for data storage and DRAM which links between the SSD and the external devises.

@ FortuneBlooming: I bought at 72 sen yesterday. I have the same thought as you. The price of JCY will move sideway even if the 3rd quarter result is good because the market have priced in. Seeing Notion making a U turn, to be on the safe side, I sold at 74 sen. Then, I transfer the fund to Dufu-CU at 17 sen. Dufu is a laggard.

Posted by FortuneBlooming > 2 hours ago | Report Abuse

Hour by hour, day by day, I believe 3rd quarter report already being gradually factored in and discounted.
==================================
I am afraid the above statement is true. I have disposed all at 2.30 pm.

Today 1st session "forced selling" before 12 pm.

https://theedgemalaysia.com/node/716790

Nvidia and other AI-linked stocks rose after bruising selloffs.

Nvidia and other AI-linked stocks rose after bruising selloffs.
https://theedgemalaysia.com/node/716790

Nvidia and other AI-linked stocks rose after bruising selloffs.
https://theedgemalaysia.com/node/716790

Today lowest price is 67.5 sen. Eagle77 said will go down to between 60 sen - 65 sen. OK. I will queue at that range of price.

So, Notion gives back all its gains last Friday at T + 2. Tomorrow forced selling at T + 3 (including margin players).

The unstable politics are causing havoc to the whole country. Just follow hng33 to buy back 60 × 100 shares at 0.725. Now below 0.70. Got to wait for the by-election DUN Sg Bakap results. If the unity goverment lost, then more havoc.

@FortuneBlooming: OTB buy call is for YTLPOWER and KGB-WB.

I have checked the list of shares owned by BlackRock. It does not own any YTLPOWER shares. Then, who is selling down YTLPOWER shares so sharply?

YTLPOWER drops 22 sen to only 4.66. KGB drops 23 sen to 3.27. OTB made a buy call.

kkwong13 sell call (in the Notion forum) is just like OTB sell call (Hevea-WA long-long time ago). It will be a vertical line down.

kkwong13 sell call (in the Notion forum) is just like OTB sell call (Hevea-WA long-long time ago). It will be a vertical line down.

kkwong13 sell call (in the Notion forum) is just like OTB sell call (Hevea-WA long-long time ago). It will be a vertical line down.

kkwong13 sell call (in the Notion forum) is just like OTB sell call (Hevea-WA long-long time ago). It will be a vertical line down.

kkwong13 sell call is just like OTB sell call (Hevea-WA long-long time ago). It will be a vertical line down.

The AFFIN warrant matrix is to see the price of DUFU-CU against the price of the mother share. Usually DUFU-WU will move one bid when the mother share moves 2 sen.

Dufu is quite expensive. DUFU-CU is an alternative cheaper at RM0.175. But bear in mind that there is time decay of structured call-warrants with a drop in value of RM0.0003 per day including Sat and Sun and public holidays. You must print out the warrant matrix from AFFIN Warrant Matrix (search by GOOGLE).

Tomorrow all eyes will be on AIRPORT. If it convincingly in green, then can buy DUFU mother share or DUFU-CU.

Tomorrow all eyes will be on AIRPORT. If it convincingly turns green, then can buy/add JCY. If AIRPORT is flat or turns red after a moment of time, then it is better to see, see first.

@FortuneBlooming: It is all depending on the supply vs demand of the whole world markets. Now it is demand more than supply. Thus, Western Digital, Seagate and Toshiba need to import more HDD and SSD components from Malaysia and also manufacturals from other countries. Hence, the 3rd and 4th quarter results will improve for all JCY, Notion and Dufu. Our country data centers will have to import the whole assembled HDD and SSD from WE, Seagate or Toshiba.

All eyes will be on AIRPORT tomorrow. If it convincingly in green, the the whole KLSE sentiment will turn positive.