Sarana is the holding company of Dibena Enterprise ie largest shareholder in Dsonic in 2015.

http://www.focusmalaysia.my/Mainstream/iris-mulls-legal-action-against-datasonic-and-govt

i traced back to AR2015/16/17 and shares holding changes. Sarana was the largest shareholder in Dsonic back in 2015 and started pared down shares after the contract was awarded (coincident?). The directors/management teams are essentially the same.

If SKIN contract is valued at 3.5 b, splitting into 3 years development revenue 500k at 38% margin and 200m recurring revenue per year for next 15 years. Plus non SKIN revenue... I think this is a really good gem.

value88 - The SKIN is 70% owned hence causing MI higher.

the tax is high due to RM1.3m tax provision for prior years.

I don't think it will be cancelled as money already spent.. The issue is affordability and I suspect Chinese will look at helping out with cheaper fund or lengthen the repayments along with cutting the scale and cost... to make it affordable.

ECRL still at negotiation..
https://www.youtube.com/watch?v=7XvIZN1EYsQ

The ECRL is still at negotiation at the officer level...

https://www.youtube.com/watch?v=7XvIZN1EYsQ

Will JAKs be able to retain its 30% share in the IPP? Jaks has a capital commitment not provided for of RM440m / USD110m. If Jaks was unable to provide for the capital, the china party will provide as shareholder loan to the IPP and convert it into ordinary share which will dilute JAKs interest in the IPP.

I think stockgambler is correct. I tested to sell small lots with higher bid and within minutes it get eaten... The met coke price is in fact improving. It's strange this round they announced result so early.. so that insider can collect.. Normally, company will announce early if profit is good so that getting attention from the market.

The damages to JAKs is huge as its credit ratings will be hugely impacted. Will be difficult to get bank to provide BG in the future. Hence, JAKS will try all means to block the payout. JAKs should have just settled the sum with star privately instead of touching the BG.

Wong TS.. graduated from NUS.. he has to be one of the best from Malaysia in order to get into NUS (rank top 15 in the world) to study engineering I would imagine. He is still 40+... and MyEG is still young and has many years ahead. In fact, in a regulated environment, first mover like MyEG will be the incumber to win jobs (big jobs) as MYEG already has the credentials and knowledge of government operation; it becomes harder for others as relationship will not work as the ticket. I can trust WTS.. more than trusting those who have no knowledge about the business model or simply using NTA to value the business. Follow WTS will not get wrong, he will definitely get richer... and so the followers.

tecchie.. are you a shareholder? If not what bother you?

MyEG revenue is made up of e-Government and Commercial based solution. In fact commercial based solution/services made up 79% of the revenue.

The programme to legalise undocumented foreign workers was initially scheduled to go on from Feb 15, 2016 to Aug 15, 2016. It was later extended to Dec 31, 2017. (i.e. this never a key revenue for MYEG)

From Jan 2018 to June 2018 we have been working with employers and PATI (undocumented foreign workers) who registered, to compile all the documents required to complete the registration process,” he said in explaining the status of the programme as of this year.

In fact it will translate to more revenue for MYEG in month of June due to the deadline set by government.

Look like people misunderstand the "termination" and thought MYEG will be impacted...

My E.G. Services Bhd (MyEG) lauded the final deadline announcement for the Foreign Workers Rehiring Programme (FWR) by the Home Ministry, saying that it will mean employers and foreign workers dragging their feet to pay government levies, will now do so.

http://www.thesundaily.my/news/2018/06/03/govt-ends-myeg%E2%80%99s-rehiring-programme

https://www.linkedin.com/in/jon-goddard-85aa3945/

https://www.thestar.com.my/business/business-news/2014/12/06/kay-hock-judge-us-by-our-track-record-george-kent-chairman-breaks-silence-on-why-and-how-company-bro/

value88... Q4 typically a strong Q for GK as well as for profitable contruction co where they completed the book for the year... typically in Q1,2 and 3 they are more prudent in profit recognition. If you take 12 mths profit the PBT margin is mid 20%+ which is similar to Gamuda. Of course the "luxury" contracts they secured does boost the coming years profit.

feel like market had over reacted and misinterpreted about "mega projects review" and comments made by Tun M. Suggest to go through the manifesto in the PH - promise 23 (instructed to review giant projects with foreign countries), promise 29 talked about enhance transparency of the budgeting system (not change/renegotiated contract) ; promise 31 focused on checking investment by china or other countries on mega projects ensuring quality investment, weaknesses and corruption. Strange to see Gkent badly hit compares to MRCB.. does not make sense.

Just cannot understand why still got people vote BN after 1MDB scandal.

48 Heroes Of Philanthropy
https://www.forbes.com/global/2011/0718/heroes-philanthropy-11-kaldor-zhiqiang-oberoi-heroes-list.html#3aa1b3915bef

He is certainly more notable than those trying to spread rumours for personal gain at the cost of others.

I believe that KYY has good intention. He has done calculated risk on JAKS same as china and bankers on the venture. I have the feeling that once the Vietnam power plant generate decent return, he will make it into a trust and foundation to do good cause that can run on it own for next 25 years... he wanted to help to get more power job for JAKS and that will keep the trust/foundation rolling. He do not need that big money with his age but this investment will benefit lots of people..... Those who are keep condeming him...you are pulling his leg and the legs of others that may need help from him... ashamed those with evil heart

KYY - Truly respect to you and good cause you made. thump up for your article.. http://koonyewyin.com/2018/02/22/my-purpose-in-life/.

Don't think they want to push up price now, rather the subdue sentiment allow them to collect more share at low price and make sure the EGM get approved. Once it get approved then only goreng up to make a fortune. Is a patience game.

sctan...l look at it from different ankle. Vietnam power plant management is not JAKs but CPECC. KYY dare to invest not because of JAKS but the credibility of CPECC with strong and proven track records. Another point to note is CPECC is not an individual or family owned or run, that make a lot of difference.

sctan.. KYY action to challenge the management is commentable and any shareholder has right to put forward his recommendation to the board. He is vocal and this is his character and nature, nothing wrong with that (sound to me many think that we should carried ourself humble and diam diam all time instead of being vocal and advocate.. no wonder malaysian tak boleh). Imagine if a substantial shareholder is an institutional fund, they will ask the same to be represented on the board.

dog barking again

DK66 - not sure you came across this. These two articles (one vietnam source and one local source) talking on same topic. We do not need to promote others to buy. Hope those that do not see JAKs prospect they would find their fortune in other counters (no need to badmouth KYY here - at the very least, KYY has done good cause than many of us. Like what you said their intention is questionable).
http://www.vir.com.vn/electricity-sector-gets-bot-boost-53395.html
http://www.theedgemarkets.com/article/jaks-could-expand-footprint-vietnam-energy-segment

just ignore.. other dogs barking ... because that's what the dogs are good at..

DK66 - Many weakholders get scared off by the $50m BG case and failed to see the Vietnam's prospect. The Star project was undertaken by 51% subsidiary, and 49% are owned by Ang family+crony hence exposure to JAKs is 51% (JAKs already has 20m LAD provision). The market has certainly over-reacted to the unexpected "bad" news and fully priced in worst case scenario. Definitely a good move if KYY is getting to the board that can make sure Ang responsible for the 49% loss. If fact, the price adjustment has created good opportunity to add position due to over-reaction of the market. If Star is so confident, they would not offer 30 June deadline.

The only reason these people (or shall i call them crooked old men?) continue to blackmouth kyy is nothing but pure jealousy. KYY - thanks for sharing - your articles definitely provides better advice and insight than others.

Baseless comment.

current market cap 114m buying 92m land with 500m+ GDV. Most likely they are planning to sell off the aluminium business in the future looking at the way they set up the structure.

The ex date is just a week away, normally companies would set about 3 weeks. The proposal said entitlement date is mid Dec. Look likes the management has brought forward the timeline, less time for people to accumulate... next week will be interesting.

Good qtr. $13m profit (adjusted) / 146.67 = EPS 8.9 sen

Wendy/Thelastone - it has to be ams/heptagon (99.99%) - listed in SIX swiss exchange, provision of micro optic and high performance optical packaging for telecommunication....

https://www.marketwatch.com/story/ams-shares-jump-more-than-20-as-quarterly-sales-surge-2017-10-24

ams Singapore expansion....http://optics.org/news/8/9/30

$6-$7m revenue from green (initial stage will be lower), 70% own only, running cost, $1m director fees, expansion cost (no guarantee of result). Better go other counter... buy Pentamaster

Do not forget they still have $20m lawsuit claim they must settled with Vincent Tan (no more appeal). Comcorp said it has material impact. A week later they announced the sale to related party i.e the CFO and allies to a company just setup after the announcement. The CFO and allies was just taking advantage of the situation. The CFO and allies do not hold much shares in comcorp. The executive directors are all 70+ in ages (excluding the CFO). Based on past records, you think they can deliver the "green/waste" agenda what they said? If they cannot even deliver locally, can they deliver overseas?

result will be good

JN88 - is 24 May 1Q - confirmed?

https://vimeo.com/192739512

http://www.sunstar.com.ph/cebu/local-news/2017/01/24/town-build-waste-facility-521745

@longlong, i think the chinese paper numbers were incorrect. The numbers only considered PW before GSR. See the below numbers provided by the co with helps of auditor - more reliable i suppose

http://www.theedgemarkets.com/my/article/new-timber-concession-game-changer-%E2%80%94-priceworth

http://www.voanews.com/a/tourism-boom-asean-economies-rising-middle-class/3751172.html

AA price moving up since 6 Mar
http://www.nationmultimedia.com/news/breakingnews/30308280

Muarkia is correct. It is 5 days before expiry. The expiry is 28 feb so it is 21,22,23,24 and 27th feb only