Velesto collaborates with Petronas to implement automation, robotics on its drilling rigs

https://theedgemalaysia.com/node/734654

Smart investors know how to ignore tin kosong making noise when they see one..

@Markv572421 has gone quiet and dumb.. lol

The stock starts to move now… onboard!

Haha where are the naysayers..

Now the stock starts to move up… Onboard and u shall see the result in medium term..

Samaiden Group Bhd has entered into a collaboration with Tokyo-listed Chudenko Corp to explore opportunities in renewable energy in Malaysia and overseas markets.

Chudenko, a leading engineering firm in Japan and affiliate of Japan’s electric company Chugoku Electric Power Co Inc, is a substantial shareholder of Samaiden with a 15.15% equity stake.

In a statement, Samaiden said the agreement includes a joint investment or venture in renewable energy projects including a rooftop solar energy project for Japanese customers, and collaboration in the introduction of technology in operations and maintenance of renewable energy projects as well as other technologies.

“This collaboration allows us to leverage on each party’s strengths to accelerate growth in the RE sector while enabling us to tap on Chudenko’s broad business network, especially in the area of renewable energy business.

“Not only does it open us up to business prospects in Japan, but the group can also leverage on Chudenko’s technical know-how to enhance our existing offerings.

The group said the agreement is expected to contribute positively to its future earnings upon successfully implementing the solar PV related project.

Possibly more projects to come..by then it will be too late to enter…
Better onboard first before it rockets up

Samaiden secures RM52mil solar PV power plant job

Samaiden Group Bhd has accepted a letter of award from Legasi Green Power Sdn Bhd to undertake, amongst others, the main contract works in relation to the development of a 14 megawatt alternating current large scale solar photovoltaic power plant in Sungai Petani, Kedah, worth RM52mil.
the award is expected to contribute positively towards the future earnings of the company during the duration of the project.

https://www.thestar.com.my/business/business-news/2024/09/30/samaiden-secures-rm52mil-solar-pv-power-plant-job

OTB just brush away the fact that the collaboration between ytl and Nvidia maybe CALLED OFF… Lol…

Does Nvidia want to collaborate with party that is under investigation for corruption? Likely No…

There are tonnes of parties who can collaborate with Nvidia besides Ytl….

Don’t be surprise when Nvidia call OFF the data centre collaboration with YTL…

That time the share price will tank like no tomorrow…

So better cut now than be sorry later on…

Probably those supporting with info like OTB is already dumping…

GOOD LUCK

Better stay away from this counter
I’m sure macc has info that’s why they investigate

Now the biggest question is whether Nvidia will still collaborate with Ytl under such circumstances…
I’m sure Nvidia wouldn’t want to be associated with party under corruption investigation…

U guys think and see la…I’m already out of this counter… Good luck

Despite the recent movements in the ringgit, RHB Research said the company is anticipated to record a financial year 2025 (FY25) earnings growth of 37%.

This is expected to be driven by the normalisation of a major customer’s orders, the contribution of a new customer with approximately RM300mil of new orders expected and also a turnaround of its China subsidiary post-restructuring.

Also, the company’s establishment of its Philippines operations should commence early next year although the research house only expects positive earnings contribution from this area in FY26.

“The explosive three-year earnings compounded annual growth rate of 30% will be anchored by the expansion into the Philippines for significant market share gain, whilst the development of new capabilities will broaden the supply chain network to enhance the company’s profitability.

This is Not tech stock…
My goodness…

Maybank maintained its 'buy' call on VS Industry, with a target price (TP) of RM1.28 .

While HLIB also reiterated its 'buy' call on VS Industry, with an unchanged TP of RM1.42.

Possible some ppl wants to collect low…

Dont be affected by someone who wants to create negative sentiment

Taking some profit is normal…

Good to collect… bright outlook and stand to gain from China US friction

Sept 24): VS Industry Bhd fourth quarter net profit surged 107% from the year before, due to a one-off gain of RM46.7 million arising from the partial disposal of its equity interest in a subsidiary and increased orders and a better product mix that helped improve utilisation rate.

Net profit for the three months ended July 31, 2024 (4QFY2024), rose to RM126.66 million from RM60.96 million in 4QFY2023, as revenue rose 5.6% to RM1.21 billion from RM1.15 million. Earnings per share rose to 3.28 sen from 1.58 sen, its bourse filing showed.

Adjusting for the one-off non-cash item, the group's 4QFY2024 net profit would be RM80 million, up 31% from RM61 million a year ago.

The group is expecting its positive earnings growth momentum to continue into FY2025 as sales orders from its key customers continue to pick up in tandem with improved consumer sentiments and new model launches, managing director Datuk SY Gan said in a statement.

The group’s newly incorporated Philippines subsidiary has secured new orders with an aggregate value of about RM1.5 billion for the next two years, of which 300 million is expected to be realised in FY2025 and RM1.2 billion in FY2026, Gan said, based on anticipated sales volume and pricing.

The group declared a fourth interim dividend of 0.6 sen per share to be paid on Oct 26. It also proposed a final dividend of 0.6 sen per share to be paid on a date to be fixed once shareholders approve it.

https://theedgemalaysia.com/node/727827

Samaiden in JV to expand RE presence in Indonesia

Samaiden Group Bhd is set to expand its presence in Indonesia’s renewable energy (RE) market through a joint venture (JV) with PT MCS Bina Energi (MCS).

this collaboration will enhance our capacity to provide more RE solutions and contribute positively to both our financial performance and the regional green energy transition said Samaiden group managing director Datuk Chow Pui Hee

https://www.thestar.com.my/business/business-news/2024/09/18/samaiden-in-jv-to-expand-re-presence-in-indonesia

Maxis partners with HPE to offer ‘AI-powered’ networking

This partnership will conquer today’s reshaped digital transformation complexities faced by Malaysian enterprises with a security-first, AI-powered offering to deliver secure, distinctive experiences from edge to campus to data center to the cloud with a Zero Trust, AI-driven foundation,” said Magic Hsu, general manager of HPE Aruba Networking for Southeast Asia, Taiwan, Hong Kong and Macau.

Maxis recently signed a memorandum of understanding (MoU) with China Mobile International (CMI) to boost 5G and digital innovation in Malaysia. The operator said that the MoU establishes a strategic partnership around the acceleration of 5G initiatives, fostering innovation and driving growth in the telecommunications sector.


https://www.rcrwireless.com/20240905/networks/maxis-partners-hpe-offer-ai-powered-networking

Take note EPF have been acquiring VS industry shares from 27 Aug to 2 Sept…

Good time to collect base on details as below. Buy buy buy…

VS Industry Bhd shows strong financial performance with significant improvements in net income and profit margins. The company maintains a healthy balance sheet with substantial assets and manageable debt levels. While they stand to benefit from the US China tension which more businesses will be channeled to VS.


Revenue: For the quarter ending April 2024, VS reported revenue of MYR 1.01 billion, an increase of 1.38% year-over-year

Net Income: The net income for the same period was MYR 54.42 million, showing a significant increase of 103.31% year-over-year

Net Profit Margin: Improved to 5.39%, up by 100.37% from the previous year

Net Operating Cash Flow: For the quarter ending April 2024, the net operating cash flow was MYR 200 million

Free Cash Flow: The free cash flow for the same period was MYR 40.02 million

@natsukoMishima
(So called fake jap)

Refer to this article dated 4 Sep 2024 and
eat your own words. Surely you are full of lies like what other said.

https://theedgemalaysia.com/node/725517

Of the five research houses covering UWC, three have it on “buy”, including Nomura, Phillip Capital and JP Morgan, while the remaining two have recommended holding the stock, according to Bloomberg. The consensus 12-month target price is RM3.34.

@NatsukoMishima

TP 3.34 IS AS PER NEWS ARTICLE DATED 4 SEP 2024 BRO !!

I guess u don’t read latest news. Update yourself with latest news ! I guess u r also another who likes to spread incorrect information to push down the prices. Can tell from your rubbish statement.

Of the five research houses covering UWC, three have it on “buy”, including Nomura, Phillip Capital and JP Morgan, while the remaining two have recommended holding the stock, according to Bloomberg. The consensus 12-month target price is RM3.34.

Go and search on theedge

Of the five research houses covering UWC, three have it on “buy”, including Nomura, Phillip Capital and JP Morgan, while the remaining two have recommended holding the stock, according to Bloomberg. The consensus 12-month target price is RM3.34.

US China tension will benefit VS industry… onboard before too late..

Samaiden Group Berhad (Samaiden) has posted a robust performance for FY24, driven by improved margins and significant growth in core earnings. The company has maintained its target price (TP) at RM1.57 and continues to hold a BUY recommendation.

All analysts have reiterated a positive outlook on Samaiden. A BUY recommendation is maintained with a TP of RM1.33 to RM1.57, reflecting potential returns of 22.3% to 44.0%. This confidence is based on Samaiden’s strong performance in renewable energy initiatives and its ability to leverage new government programmes and schemes.

Samaiden’s net profit for FY24 surged by 52% year-on-year, reaching RM16.0 million, which was 12.7% above forecasts and 4.4% ahead of consensus estimates. The strong earnings growth was attributed to large-scale solar projects and high-margin commercial and industrial (C&I) jobs. Despite a 23.7% sequential decline in revenue to RM57.2 million due to the nearing completion of several Large-Scale Solar 4 (LSS4) projects, profit after tax (PAT) increased by 41.4% quarter-on-quarter, driven by favourable margins on ongoing projects.

The company’s outstanding order book, valued at RM313.5 million as of June 2024, is expected to sustain activity over the next three years. Prospects for order replenishment are promising, with upcoming EPCC tenders for the Corporate Green Power Programme (CGPP) and the 2GW LSS5, alongside additional quotas under the Net Energy Metering (NEM) programme.

https://www.businesstoday.com.my/2024/08/30/samaidens-outlook-will-be-even-brighter-maintain-buy/

Taliworks Corp Bhd said its second quarter net profit climbed 43.92% to RM16.99 million from RM11.8 million a year earlier, amid improved performance from the water treatment and supply segment as well as lower provision for heavy repairs in the toll highway segment.
Revenue for the quarter ended June 30, 2024 (2QFY2024) rose 11.17% to RM98.97 million from RM89.03 million previously, contributed by all operating subsidiaries except the water treatment and supply segment, the group said in a filing on Monday.

Taliworks is involved in water treatment and supply, highway toll operations, engineering and construction, waste management and renewable energy.

The group declared a second interim dividend of one sen per share amounting to RM20.2 million, to be paid on Sept 27. Based on its closing price of 78.5 sen on Monday, the trailing 12 months’ dividend payout gives a yield of about 5.92%.

In the toll highway business, the Grand Saga Highway registered tremendous growth in traffic volume following the opening of the SUKE Expressway as well as from greater economic activities, said the group.
Taliworks said it is also expecting the receipt of government compensation on deferred increase of toll rate in the current financial year of FY2024.

Buy buy buy

Don’t worry about this stock. At this price, it’s a really good buy at such low PE compared to other players in the industry. While outlook of the business is BRIGHT!

Per the edge, the revenue is expected to increase STRONGLY this year and in 2025. Their customers are all in very positive industries such as GREEN ENERGY and DATA CENTRES with strong growth.

Just collect! You will see the result in next 6 months to 1 year..

Several countries are going into this sector, do you think there will be shortage of demand? There will be plenty of demand..

If u understand the company, it exports its products to several other foreign countries including South Korea, Hong Kong, Germany, China, the Philippines, Singapore, Thailand, the United States of America, and Japan.

Institutional investors now think it is an opportune time to buy stocks at the local bourse after a sharp two-day selldown.
The ongoing shift in global fund flows and the resulting correction will likely be temporary, said Choo Swee Kee, the chief investment officer of TA Investment Management Bhd. Once the US began cutting interest rates, equity as an asset class would become attractive again, he noted.
“These massive movements of funds shook the market, but they do NOT indicate a downturn in the economy,” he said. “We expect the market to stabilise once these imbalances in funding reach equilibrium.”

https://theedgemalaysia.com/node/721873

Also think about it, US election is coming in Nov, do you think US will let its economy to fall into recession right before election ? Something for you to ponder.. :)

Down in US market is mainly due to unwind of yen-funded trade and has nothing to do with fundamental.

While the sell off in bursa mainly due to traders/ investors sentiment cos of US market and not based on fundamental..

Hence this is good opportunity to collect Good stocks like Samaiden

Down in US market is mainly due to unwind of yen-funded trade and has nothing to do with fundamental.

While the sell off in bursa mainly due to traders/ investors sentiment cos of US market and not based on fundamental..

Hence this is good opportunity to collect Good stocks like ttvhb

Rebound coming…

Now it best time to collect..

Warren Buffett: be greedy when others are fearful

What is more important is the bright future business prospective of the company instead of some short sighted trading of shares which someone trying to divert attention to…

Moving already… more funds coming in soon… better onboard before too late …

CRESS initiative gets the thumbs up https://www.thestar.com.my/business/business-news/2024/07/30/cress-initiative-gets-the-thumbs-up

That’s why wise investor who make decision based on facts tends to make money while those make decision based on emotion will lose money..

Oversold… good time to collect..
temporary blip but future business is full of potential. Potential gain of multiple fold in coming years.

Per The edge 26/7
The company’s profit margin is still very healthy” in the sector, said . Cape EMS managing director and chief executive officer Christina Tee.

revenue is expected to continue to increase “STRONGLY” this year and in 2025, on orders from new and existing customers, Tee said, adding that “our customers are all in very positive” industries, such as GREEN ENERGY and DATA CENTRES with strong growth.

Their business is set to gain from the China/Us friction.

Samaiden Group Bhd stands out as the stock of choice for both RHB Research and MIDF Research in line with the below information:

The CRESS, which was announced by the Energy Transition and Water Transformation Ministry last Friday, enable RE generators and eligible corporate users to enter into green power supply arrangements under agreed terms through the existing supply system.

This would allow companies to directly source RE from identified providers with third-party access (TPA) to the existing electricity grid that are participating in the New Enhanced Dispatch Agreement market.

Tradeview Capital fund manager Neoh Jia Man believes that CRESS will positively impact the Malaysian energy sector by effectively opening up the power grid of Tenaga Nasional Bhd to TPA

As such, RHB Research expected CRESS to benefit solar engineering, procurement, construction and commissioning (EPCC) players by boosting their commercial and industrial orders.

MIDF Research said it favoured the RE EPCC sub-sector as the key immediate-term beneficiaries of the RE initiatives.

Wider portfolio for Samaiden with Gruppe tie-up https://www.thestar.com.my/business/business-news/2024/06/28/wider-portfolio-for-samaiden-with-gruppe-tie-up

There will be real positive impact on this stock due to the cooling system requirement by data centre. Just need to buy and hold… the profit will be realised

Something is brewing?

Sizeable funds are coming regardless all the candle stick bla bla analysis…. It will still fly…

Not too worry about this stock as it’s involved with future businesses…
Collect…

Midf TP 1.57

Samaiden inked a business collaboration agreement (BCA) with Gruppe Lightning Solution Sdn Bhd to explore
opportunities surrounding solar street lighting, efficiency and other renewable energy related services and solutions
in the Southeast Asia region.
• Collaboration also extends to smart city projects that integrate solar streetlights with Internet of Things (IoT)
capabilities
• BCA is effective for three years starting 26th June.
OUR VIEW
• Avenue to expand portfolio. The collaboration with Gruppe opens the avenue for Samaiden to expand its
capabilities into advanced lighting solutions driven by solar, hence providing the group with opportunities to replenish
its order book and expand its renewable energy initiatives.
• Strong order book. Outstanding orderbook stood at RM354m as at end-March 2024 which will keep the group
busy over the next three years. Samaiden is eyeing at least 100MW of EPCC jobs for the Corporate Green Power
Programme (CGPP), which translates into potential RM300-400m incremental orderbook. Further out, the upcoming
2GW LSS5 (bidding opened in April 2024) and 400MW additional Net Energy Metering quota for CY24 (offered from
5th February 2024) cements future orderbook replenishment outlook.
• Earnings estimate and TP. We are making no changes to our forecasts.
• Reiterate BUY. We maintain our BUY call on Samaiden being one of the key beneficiaries of EPCC prospects under
the CGPP and the long-term RE growth potential from the National Energy Transition Roadmap.