JAKS in good position for re rating in 2020

EXTRACTED FROM THE LATEST QUARTERLY REPORT....

Our Group recorded PBT of RM5.026 million for the current quarter, representing an increase of RM2.498 million or 98.81% as compared to PBT of RM2.528 million recorded in the Corresponding Preceding Quarter. The increase in PBT was mainly due to higher revenue attained in the current quarter coupled with """saving in operating expenses""" by RM0.713 million.

This CEO of Elsoft is well respected by his peers - excellent skills in cost management and achieving high profit margin.

It is a good thing for FPGroup to have him as the Chairman

I just bought today. Chart is beautiful... gonna make big move

Nothing wrong with that.

In fact it is good that employees do not abuse privilege information of the company (if any).


Posted by mikekim > Sep 19, 2019 5:45 PM | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcem...

Quite funny, the whole world now knows that these employees made decisions to sell @0.305-15 and it now went up to 0.345.

Congratulation to ARMADA shareholders...another small step forward for greater future (make higher high)

Gomen agency may prefer an easier job by giving to only one contractor - si that they donn't have to deal with more parties in the project

Need to break ABOVE 0.330 level.
Otherwise, will retrace or sideways trend for awhile

*RM21.6 billion not RM2.6 billion

Next week government will announce thedetails of the RM2.6 billion National Fiberisation & Connectivity Plan.

Be alert...

Congratulation to all ARMADIAN
Hit 0.300 Bravo!

Not surprice if it hits 0.300 today

A bad day for IDSS players

Follow director seldom wrong one

:D))

I agree with KYY's view as a medium to long-term investor...
Negative sentiment (if any) will only be very short-term only as some retailers do not see what KYY see.

Posted by DatoLim24 > Sep 10, 2019 12:21 AM | Report Abuse

https://klse.i3investor.com/m/blog/koonyewyinblog/223961.jsp

This is very good summary by stockraider. Good job!

Point no. 6 is what I like best!
"MOST IMPORTANT IS THAT YINSON HAS BEEN TRADING AT HUGE PREMIUM AND ARMADA HAS BEEN TRADING AT ENORMOUS DISCOUNT"


Posted by stockraider > Sep 7, 2019 9:52 AM | Report Abuse

1. Armada gearing is about the same as YINSON mah.....how can u say armada highly leverage and yinson is not leh ??

2. In terms of profit...armada still have scope to growth further without borrowing more bcos it can put is idle assets to use whereas yinson need to borrow much more loh...!!

3. Armada has shown 2 qtr of strong turnaround profit and momentum is still going on strongly loh....!!

4. Armada has pare down borrowing of rm 1 billion within a year which is an indication of very strong cashflow loh....!!

5. Armada kraken problem which has been pulling down armada recently has been solved and we are looking at sunny weather and rainbow in the horizon mah....!!

6. MOST IMPORTANT IS THAT YINSON HAS BEEN TRADING AT HUGE PREMIUM AND ARMADA HAS BEEN TRADING AT ENORMOUS DISCOUNT MAH...!! THERE IS A VERY HIGH CHANCE THIS ARMADA CAN GIVE U A 5 TO 10 BAGGER RETURN LOH...!!

REMEMBER IF YINSON CAN DO IT, SO CAN ARMADA LOH...!!

Agree...so we must notjust being bias in one aspect

Looks like someone do not understand that a company is a different entity from the shareholders! :D)))))

US$ 5.5 million - Deposit

US$ 11.6 million - fully and finally settled against "amounts owing by the companies within the Bumi Armada Group (the “Group”) to CESL as at 31 July 2019". Additional vessel expenses from 1 August 2019 up to the date the vessel is delivered (the “Delivery Date”) which CESL incurs on behalf of the Group, will also be set off against the Purchase Price;
(( This Debt settlement will be recognised in the account immediately ? ))

US$ 5.0 million - pay on or before the earlier of 6 months after the Delivery Date or when oil is first produced in the field to which the vessel is deployed (the “First Oil Date); and

US$ 17.9 million - payable within 2 years from the First Oil Date.

US$ 40.0 million in total

Is it about time to announce its rights issue date and price?

That's why the price started to rise?

ckca, you're stuck in your own "fantasy" world but unfortunately your mindset is full of negativity, talking about unpleasant stuff instead of involving your mind in optimistic and productive cycle, doing things that makes you and other people happy. That't good karma. Do not earn money by doing things that hurts others.

ckca, how sure are you making the conclusion that Armada is in such a bad shape?

Have you been wrong before?

"No matter how silly you think the person is, it makes perfect sense to that person"

Good decision!

ARMADA... FROM A TECHNICAL ANALYSIS PERSPECTIVE:

A couple of things we can look at from TA to make a better decision (BUY/HOLD/SELL) on ARMADA...

+ Price dropped below 0.255 (current price) was 9 months ago, since 29 November 2018. On that day, price dropped 28.3% from intraday high of 0.275 to the low of 0.18 and subsequently bottomed at 0.145 on 20 December 2018

+ Important to note that during this 9 months period when price is at low, volume were significantly high (compared to since 2011)

+ After bottomed at 0.145 three times (on 20 & 21 December 2018 & 8 January 2019) ARMADA's stock price was in sideways consolidation and started a move higher very slowly, hit 0.255 on 14 February 2019 and fall back, hit 0.285 (made a higher high) on 24 April 2019.

+ The current price is at 0.255. Will it be able to make a higher high beyond 0.285 achieved on 24 April 2019??

+ Current almost short-term technical indicators have a bullish outlook

Management is processing the Rights Issue price fixing...
Cannot let price go up now...be patient

I choose to disagree la

Please share with us which subsidiary of REDTONE produces fiber optic cables??


Posted by speakup > Aug 28, 2019 4:42 PM | Report Abuse

redtone is 2nd largest fiber maker in malaysia, after opcom. they got manufacture plant in penang, johor, sabah, sarawak

https://klse.i3investor.com/blogs/GorengGorengEE/221846.jsp

Elsoft was featured In Forbes Asia's 200 Best Under A Billion 2019

This stock is not for short-term players...

Buy low when there is good opportunity and keep.
See that the stock is currently in sideways/consolidation phase.

Generally, shareholders may not like rights issue especially retailers who may not have enough cash to participate in the cash call.

However, in this case for DAYANG, some retails may have neglected a few obvious and significant factors and jump to conclusion, making comments like "the price will plunge 30% when the right issue is announced"...

Let's look at some of the issues...

1) The plan of right issue already announced some time ago and the the market already reacted/factored in this right issue (only some ignorant retailers may not aware)

2) Before the announcement by the management, investors were fearful, because they were in the dark and speculated on the cash call plan - do not know the quantum (ratio) of the cash call and etc. Now the details already made known to the public and investors knows exactly the planned ratio (1:10) of the cash call and the discount offered etc.

3) Minority investors also given the assurance by the major shareholders that they will subscribe all their cash call. Btw, do you think these majors shareholders will do something which do not benefit them???

4) Before the announcement of the latest quarterly results, investors were concerned about DAYANG's performance. Last week DAYANG released a strong set of results and expected to performance to be even better in the coming quarters. Now you may understand why the rights issue will only be called after the release of the recent quarterly results - to give confidence to the investors to subscribe their rights issue.

5) The management is currently working on the execution of the cash call and the current stock price will have direct impact of the issue price of the rights issue. So do you think affected parties (major shareholders) would want to see the stock price to spike high at the moment???



Are you ready for the prosperous opportunity in DAYANG?

Remember, one has to....
a) Understand the company and its near future prospects
b) Know what he/she is doing - investing/punting
c) Need to be patient because it takes time
d) This opportunity is for investors only (those that can hold on to the stock for awhile to let the company to perform and unleash its value - certainly not suitable for those very short-term retailers (punters/speculators)
e) The principle of "buy low and sell high" is applicable here (not "chase high" approach)



Posted by MingGoon > Aug 28, 2019 10:04 AM | Report Abuse

RR88 ... yes , I agree with you... Dayang keep on going down.... Going down Dayang ...

Generally, shareholders may not like rights issue especially retailers who may not have enough cash to participate in the cash call.

However, in this case for DAYANG, some retails may have neglected a few obvious and significant factors and jump to conclusion, making comments like "the price will plunge 30% when the right issue is announced"...

Let's look at some of the issues...

1) The plan of right issue already announced some time ago and the the market already reacted/factored in this right issue (only some ignorant retailers may not aware)

2) Before the announcement by the management, investors were fearful, because they were in the dark and speculated on the cash call plan - do not know the quantum (ratio) of the cash call and etc. Now the details already made known to the public and investors knows exactly the planned ratio (1:10) of the cash call and the discount offered etc.

3) Minority investors also given the assurance by the major shareholders that they will subscribe all their cash call. Btw, do you think these majors shareholders will do something which do not benefit them???

4) Before the announcement of the latest quarterly results, investors were concerned about DAYANG's performance. Last week DAYANG released a strong set of results and expected to performance to be even better in the coming quarters. Now you may understand why the rights issue will only be called after the release of the recent quarterly results - to give confidence to the investors to subscribe their rights issue.

5) The management is currently working on the execution of the cash call and the current stock price will have direct impact of the issue price of the rights issue. So do you think affected parties (major shareholders) would want to see the stock price to spike high at the moment???



Are you ready for the prosperous opportunity in DAYANG?

Remember, one has to....
a) Understand the company and its near future prospects
b) Know what he/she is doing - investing/punting
c) Need to be patient because it takes time
d) This opportunity is for investors only (those that can hold on to the stock for awhile to let the company to perform and unleash its value - certainly not suitable for those very short-term retailers (punters/speculators)
e) The principle of "buy low and sell high" is applicable here (not "chase high" approach)



Posted by MingGoon > Aug 28, 2019 10:04 AM | Report Abuse

RR88 ... yes , I agree with you... Dayang keep on going down.... Going down Dayang ...

Good opportunity to buy cheap today

Generally people know the principle of buy low and sell high. However, knowing and doing are poles apart...
But in reality, most people like/tend to chase high instead of buy at low. They have no patience to buy and WAIT for the price to hike. They want to see that the stock they bought shoots up immediately. That's where they contribute their money to the big winners. Sometimes, they can be lucky but never all the time!

Some retailers keep losing money because...

- inexperience & naive (thinking that making money in stock market is easy and without having to do much work)
- lack of competencies (TA & FA) in trading/investment
- lazy and didn't do their homework on the company they invest in
- merely listening or following the fake news/messages of unscrupulous agents of operators/sharks and fall into their trap

Good recommendation by Stockraider on the 4 stocks

NAIM's current price is below its 2.5 years average price.

Posted by Value9 > Aug 8, 2019 10:40 AM | Report Abuse

naim undervalue now???

Strong resistant at 3.24/3.25

Today's double eight - 8th August
Huat Ah!!!

May Dayang make our dream comes true.
Collect when the price is low.
Know what you do & have patient.
Reap the reward soon - within 14 days!!!

Today's double eight - 8th August
Huat Ah!!!

MYEG is the stock that will make our dream comes true.
Collect when the price is low.
Know what you do & have patient.
Reap the reward soon - within 14 days!!!

True that anything is possible but what is the probability based of the current business condition?
Did we see/hear any serious adverse business situation or issues with with company lately?

Investors, steady & patient...
What should come, will come...
Just a matter of timing...
Enjoy the journey of investing...

Hibiscus on track to increase its production/revenue/profit....

Excellent medium-term prospect!!!

Yes, chart has strengthen since the last week.
Breaking above the old high of 1.75 should not be an issue...

Who is spreading fake news!!!

Announcement by BURSA below

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6228129


Posted by kariwong9394 > Jul 19, 2019 4:03 PM | Report Abuse

Those below news was TARIK BALIK.... Should be Fake News....

BE Careful to Trap By Someone....As Dayang may be drop lower and lower this during correction period. TP : 1.05

https://www.theedgemarkets.com/article/sarawak-tycoon-acquires-2642-st...

Wondering from whom, DATUK DATUK AMAR ABDUL HAMED BIN SEPAWI bought the Shares...

18-Jul-2019 Acquired 254,921,952

Be patient with this kind of stock.
It pours when it rains

Agree.... Simple yet effective

Better times ahead