Do you guys notice the par value is still 20 cents only for ECONBHD? Any idea how it works?

Cash and cash eq bal 440mil, increased 141mil. why not USED IT?

The Proposed Rights Issue of CSIDS is expected to raise gross proceeds of RM200.0 million and up to approximately RM223.6 million under the Minimum Scenario and Maximum Scenario respectively.

Where are all the cash money to settle some of their debts????


The Proposed Rights Issue of CSIDS is expected to be used in the
following manner:

Repayment of bank borrowings 150mil (3 months time)

General working capital 45.3mil (12 months)
* Kepala bapak engkau need 45mil for a 12 months of working capital...

This Puncak is waiting for delisting. Best you Rosali sonklap the company !

Can't be bothered to read Puncak report...not sure why , a company once upon a time can reach to 2.80, now become 28 cents! That is like more than how many thousand percent negatively valued!

Be prepare to keep for 1-2 years (at least)

kun1971kun @ Daily8, my price is 0.026

Be thankful that your price is not at 7-8 cents.

You need to decide if there is a real prospect for NETX.

Roadblock at 48 cents to offload to some "important party concern"

Those bought since year 2017 is losing money. OCNCASH is a great stock. Not sure WHY after going to the mainboard, the price just cannot move.

MOU that deemed to be terminated. nothing great.

The C&A Agreement is expected to contribute positively to VSOLAR Group’s
prospects in the medium term. However, the signing of the C&A Agreement will not
have any immediate effect on the earnings, net assets, share capital and shareholdings structure of VSOLAR.


The Company does not foresee any exceptional risk other than the normal operational
risk associated with the signing of the C&A Agreement.

Just technical rebound. Not much volume and news.

Trade receivable is money that expected to be collected back. That is why it is fall under asset. If trade receivable enlarged compared to last qr, it only means they have difficulty collecting back from debtors. It also indicate the payment term collection is longer than given deadline.

What you mentioned @bondmark doesn’t make any sense.

kun1971kun Still afraid to average down. My price still high @0.26, how much is Yrs bro?
03/09/2019 11:53 PM

Bro, your price 0.26 cnts?

Do u mean 2.6 ?

with NETX, need alot of patience.

Now world wide economy not good. I believe will delay

EAH sould be finalising by this time. It's all in the hands of the MD.

Another 2-3 rounds of Qr need to be better than every other quarter. Loss businesses need to cut away then only EAH can see positive earning continuously.

From a pure IT based company, because F&B, eyes are watching. See can do well or not.

Direct interest, may loss another few mils too.

because sabri share holding 10,000,000 is slashed half to only 5,000,000 saja.

Loss 5mil. crying in office I guess.

boss Sabri mesti tengah pikir banyak...sekarang.

kasim, you dari mana?

Asiabio dan Fintec sama company lah.

Asiabio/Fintec is SUBSTANTIAL SHAREHOLDER

I strongly believe Credit Suisse and Fintec are of the same company. They are investors of Netx, Mlab, Focus, AT, Vsolar


Fintec Holding:-
FOCUS
500mil SHARES, 138MIL BY CREDIT SUISSE

75MIL MLAB SHARES ,75MIL NETX

AT
69MIL SHARES

VSOLAR
60MIL SHARES, 22MIL CREDIT SUISSE

This stock is NOT FOR TRADE!

Those who plan to trade upon this stock, 99% LOSS

For holding of mid-long term ahhh

Application and IT company need a lot of money to fund the projects and higher salary for the IT guys.

Look at GRAB today. How long it takes for them to market such a good product?

A good profit in a single quarter. A near 30mil increase of securities investment compared to last quarter.

Still holding to a 26mil Loss of securities.

Reduced losses on foreign exchange to 130,000

1.05 mil used up for purchase of properties.

Cash eq stood at 26mil compared to 56mil (2018)* any reason?

Conclusion:
The Group's revenue for the period ending 30 June 2019 was RM9.69 million, an increase of RM9.25 million or 2.12x as compared to RM0.44 million in the previous year's corresponding period. The increase in revenue for the quarter was
mainly due to the sale of short term marketable securities.

Thanks Pak Tua for sharing.

Because it was heavily political connected stock, now since many have sold off their shares, it’s a matter of timing to turnaround to a free based political stock. Hope it’s done soon

Out of 6.6mil proceeds from funding raised for PayAllz, up-to-date 3.27mil used.

allowance of doubtful debts at 4.7mil............uncollectable receivables.

belanja banyak tapi masih tada untung. apa sebb ah?

you're right andry

KLCI is traded on a condition that there isn't much investors coming in. It's the same kind of pool money that move around the market at this time.

No matter how good the stocks are due to better qr, price still dropping.

The group recorded higher losses before tax of RM19.08 million for the current year-todate, as compared to preceding year to-date loss of RM11.32 million mainly due to gross loss as mentioned above, higher marketing expenses for promoting GEM products, bad debts written off of RM1.85 million and higher in provision for doubtful debts of RM4.03 million.

The higher losses were cushioned by lower loss on fair value adjustment on investment in MLAB System Berhad by RM2.99 million, lower share-based compensation expenses by RM3.4 million and impairment of goodwill of RM0.69 as recorded in the previous year.

operating expenses for this company is too high.

It's only worth 4 cents net asset

Any prospect in Vsolar except it's a gorenged-up by cyndicate?

Higher admin expenses by 1.1mil,
enlarged trade and receivables,
cash holdings reduced to near 600,000 ONLY.
Suffer losses of 300k as compared to previous eventhough with higher revenues.


Vsolar Group Berhad (“Vsolar”) has given a corporate guarantee of RM800,000 to Fast Track Solution Sdn Bhd, a subsidiary company of Vsolar as security against banking facility granted to Fast Track Solution Sdn Bhd in the form of bank overdraft.

Prospects


The Group will continue to focus on and develop its major business segments, which are in construction and property development. The current value of contract works in progress for the construction of several projects which include Pan Borneo Highway in Sarawak, Malaysian Embassy in Moscow, Russia , 440 units
PPR, Pitas and Hotel Kerajaan Tasik Kenyir approximately RM500 million, which is expected to provide a steady stream of revenue for the Group over the next two to three years.

The Lakehill development project in Johor was launched for sales in 2nd quarter 2018 and we plan to have more launches in 2019. Based on the current sales achieved todate for the property development division, the unbilled sales would amount to about RM112 million. The Group would continue with other developments
projects in Klang Valley, Johor Bahru, Pahang and East Malaysia with an estimated projected gross development value of RM1.6 billion.

Subsidiary BP Energy Sdn Bhd is still engaging with the relevant parties to finalize the Power Purchase Agreement and also on the financial close.
In addition to the above, the Group is currently exploring other business opportunities that would contribute more recurring income to the Group in the future.

The property division recorded revenue of RM342.7 million and profit before tax of RM89.7 million for the financial period ended 30 June 2019 as compared to the previous corresponding period of RM232.2 million and RM45.2 million respectively.


The quarry and ready mix concrete division recorded revenue of RM39.0 million and loss before tax of RM2.2 million as compared to the previous corresponding period of RM70.7 million and RM4.8 million respectively.
The power supply division recorded revenue of RM25.5 million from the supply of electricity power to PT Perusahaan Listrik Negara (State Electricity Company owned by Indonesia government) and PLTM Bantaeng and profit before tax of RM3.8 million as compared to the previous corresponding period of RM30.3 million and profit of RM4.7 million.

The lower profit for the 18 months ended 30 June 2019 was
due to unrealized foreign exchange loss of RM1.9 million.

The revenue in the current period was lower due to reduce volume of construction works.

The poor performance was mainly due to provision for impairment loss of RM20m for trade receivables.

The profit was mainly contributed from sales of development properties for The Opus at Jalan Tallala in Kuala Lumpur, Jesselton View and One Jesselton projects in Kota Kinabalu and The Valley, Karak @ Bentong in Pahang and Phase 1A1 of Taman Nusa Damai (part of Lake Hill ResortCity Development)Masai, Johor.

The Group recorded revenue of RM0.98 million for the 18 months ended 30 June 2019 as compared to the previous corresponding period of RM1.4 billion. The Group recorded a profit before tax of RM54.5million for the 18 months ended 30 June 2019 as compared to the previous corresponding period of RM30.0 million.

We are versus with IBs. Compete with IB to buy and sell shares.

I still think MSM is still in negotiation.

Syed Mohtar is clever to buy over thru acquring the shares of Media. After the political party left the company, I forsee the changes in Media will be better.Growth in digital revenues will be attractive.

Media Prima is MORE than just newspaper lah people.

Scenerio on FGV today, very much mimicking DRBH few years ago. From 3.50, all the way menjunam to 90 cents.

Dam82, they are like want to sell, BUT hesitated to sell MSM. Maybe to nego better price later?

haha.Forsee one day, China taking over FGV. Why? With the growing concern of trade war, expected China to cut the import of soy bean and start to focus on manufacture and plant palm oils thru FGV. Instead of buying palm oil, they own the company.

Profit of 8mil and a gain of 4.8mil from gain of disposal of equipment.
Just so so.

Bila nak jual MSM? Orang zaman sekrg kurang makan gulakah. semua takut diabetes.

dam82, the result based on the previous last 2 quarters, CPO was lower than 2000. So, it's expected to contribute to lower earning for FGV.