It is an adjustment at the current quarter, so it only recognize at the current quarter

if u deep dive into financial, u will see the operating cashflow for Q4'20 (RM123m) which better than Q3'20 (RM62m).

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3143112

Revenue Q4'20 (RM355 million) is even better than Q4'19 (RM314 million)

if look into the operating cashflow, ranhill still in positive of around RM123m for thr current qr

the result affected by the adoption of the new accounting measurement

The Group recorded revenue of RM355.8 million in the current quarter compared to its immediate preceding quarter's revenue of RM385.5 million, a decrease of RM29.7 million or 7.7% from previous quarter, mainly due to the impact of the adoption of IC Interpretation 12: Service Concession Arrangements (“IC Interpretation 12”) which resulting the revenue reversal by power segment in current quarter. The profit attributable to ordinary equity holder of the parent for the current quarter has decrease by RM25.1 million from RM15.1 million in quarter 3 FY2020 to a loss of RM10.0 million mainly due to the higher upkeep,repair and maintenance of asset by RanhillSAJ and the impact due to the adoption of IC Interpretation 12 to our Power Purchase Agreement (as disclosed in note B12).

Not sure, i am more to long term

Hi kfliau, i think the management havent finalize on the no of rights issue entitlement yet

Net profit also from red to green

Hexind transformation is on track

From the latest QR, this statement showed that the progress of the battery business doing well, that improved the company net profit, even the overall margin too

Comparison between Q1/21 with Q1/20 (Individual/Cumulative)

For the Q1/21, the Group achieved revenue of RM37.5 million, an increase of 14.5% as
compared to corresponding quarter Q1/20, principally contributed by the sales of battery
under equipment rental division. With the higher revenues attained in the Q1/21, the
Group reported a profit before tax of RM1.2million as compared to corresponding
quarter’s profit before tax of RM0.2million.

Target industries:
1. Telco (more 5G towers mean more batteries needed)
2. Datacenter
3. Solar Farm/Park
4. Etc

Which will focus on the industial batteries & related

from the Right Issue Proposal Statement, stated, 70% of the funding will use to fund the Industrial Products Business

(c) Trading of industrial products business segment

We noted that the unprecedented COVID-19 pandemic has greatly affected SCH
Group’s equipment rental business as organisers had to postpone or cancel events due
to the constraint on the movement of people and strict standards of operating procedure
amid the COVID-19 pandemic. Nevertheless, to mitigate the risks that are associated
with the equipment rental business that has declined, we noted that SCH Group ventured
into the trading of industrial batteries and its related products/peripherals that are used in
data centres, telecommunications infrastructure and solar power plants.
We noted that the industrial battery industry in Malaysia, represented by the
manufacturing sales value of batteries including industrial batteries, increased at a
CAGR of 3.63% from RM4.19 billion in 2017 to RM4.50 billion in 2019. Smith Zander
estimates the manufacturing sales value of batteries, including industrial batteries, to
have increased by 16.44% from RM4.50 billion in 2019 to RM5.24 billion in 2020; and
forecasts it to increase further by 8.97% to RM5.71 billion in 2021. Smith Zander notes
that the demand for industrial batteries from the data centre industry,
telecommunications industry and renewable solar energy is expected to be driven by
technology advancements of lithium-ion batteries and the growth and development of
end-user industries. As such, SCH Group plans to expand its market reach, to amongst
others, telecommunication and power supply companies in Malaysia and to the
Southeast Asia market.

We noted that SCH Group is currently supplying industrial batteries to telecommunication
and power supply companies in Sarawak, Indonesia and Thailand. SCH Group will
continue to focus on these markets in the initial phase of its expansion plan. In order to
penetrate into new markets, SCH Group plans to collaborate with local distributors where
SCH Group would be able to provide better credit terms to the customers (which are
primarily the Engineering, Procurement and Construction (EPC) services providers) as
compared to the local distributors. The local distributors would provide the networks and
contacts whereas SCH Group will purchase the products from the local distributors and
onward supply it to the customers.

In addition, SCH Group plans to supply lithium-ion batteries as SCH Group has noted the
increasing trend in the usage of lithium-ion batteries. Currently, SCH Group is engaged
in the trading of lead acid batteries. Furthermore, SCH Group is also looking to expand
the range of related products/peripherals they offer to include, amongst others, inverters,
rectifiers, UPS system, and load banks in addition to solar panel.

We noted that depending on the proceeds to be raised from the Proposed Rights Issue,
SCH Group envisages that the expansion plan for its industrial products business would
take approximately 2 years from the completion of the Proposed Rights Issue. The main
financial resources required for the expansion is for the purchase of industrial batteries
and related products/peripherals, the funding of which is to be from the proceeds of the
Proposed Rights Issue. It is envisaged to represent 70% of the rights proceeds allocated
for the purchase of industrial products, heavy equipment and spare parts.

sideways building support now

the business improved from red to green due to the improvement of the industrial battery business

try to think from another side, it is an opportunity to accumulate, there is always opportunity, depends stand on which side

https://www.facebook.com/456817247818307/posts/1799737863526232/
Sultan Ibrahim meeting with tnb. Something brewing......

PE
Uzma -8
Jaks 31
Ranhill 13
Tenaga 17
Kpower 37
Mkland 22
Tchong -8
Slvest 87

if can discover undiscovered gem, that havent up, then it also mean, u have high chance to earn more premium

As an investor, just do own study, before invest, listen to others and invest, u only can earn little, cause other people already goreng and u follow

Mikecyc, i think every investor have their own choice to choose which company they want to invest, and which company still undervalued, and which company that people already goreng. Different investors have different view. Lets see monday how market respond

they applied extension like other companies, till end of March. Bursa allow on this due to MCO

and Johor government is one of the majority shareholder in Ranhill, so.....

Solar farm business, not sure, but from my point of view, Ranhill will sure benefited, even on the water supply or the water waste management within the solar farm, this is just my point of view

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3126899

https://www.thestar.com.my/business/business-news/2021/01/27/ock-groups-towering-business

Now many players in solar energy, but it will be a good move, will create a sustainable income, but it will create a lot of capex at the beginning.

another contract awarded

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=110820&name=EA_GA_ATTACHMENTS

https://www.theedgemarkets.com/article/consolidation-still-play-telecommunications-sector-%E2%80%94-aminvestment

FPGroup, net cash company, JFTech not

JFtech 120 PE, FPGroup with 30 PE

if compare ro jftech, same industry, fpgroup PE still consider low

very obvious that someone blocking the price, and accumulate if u know how to analyze volume

Patience get rewarded. Happy Investing and a fruitful Christmas!

hi relax, would like to check if I buy the ock-OR now, should I entitled for the 20sen right issue subscription with warrant?

at 9.20am, if you can see from the volume que, someone put big volume at 0.86 blocking (3037 lots) follow by 0.865 (403 lots), follow by 0.87 (327 lots). So desperate need to sell at 0.86? 0.865 no one que to sell? or 0.87? or someone blocking and want to accumulate at lower price, dun let the price go up 1st? or? think about that

low PE have many reasons, eg someone purposely pressed down and collect? investors have no confidence on the company prospect? net profit dropping due to covid (subsidy b40 and etc)? and many more. but it is depends on you as an investor, ur homework. is it undervalued? or not. sometimes when come to evaluate a company, the company future not must be have a high future growth, but if a company drop till very undervalued, even the business future normal, it will also have opportunity for and investor to earn from it, when it back to normal. very depend on investor homework and direction. no right or wrong answer. good investing.

ranhill more to water management compare to power, but jaks on power.

actually it is a bit hard to compare, cause Jaks not consider under utilities segment (https://m.malaysiastock.biz/Listed-Companies.aspx?type=S

There are many reasons (just my opinion):

1. The company found that their company share undervalued, so they buy back. For the stock that they bought back and reserved, they can use it as a few ways:

a. Share bonus to existing loyal shareholder, like few months back, many of us in this group got the special share bonus from Ranhill

b. Resale the share when the price going up and make some gain or profit, like Serbadk, 4/12 (yesterday) just resale their (share buyback for last 6 months) share in the open market

c. Reserve enough of share and prepare for dual listing in other market (like SGX that they are currently exploring)

d. Cancel the treasury share, and make the EPS increase to benefit the loyal shareholder

e. etc

Many company will share buyback when their company share undervalued, which the company itself know their value or maybe future growth with new projects in or etc compare to us.

Good Investing!

patience is very important in the stock market investment

before this many big shark or player, buying in at low price with big quantity, now wait retail investors to go in.

it also mean that, more retail investors start to buy in

till now only 1 transaction (1000 lots above buy) with 1.81%, but 300-999 lots have 42 transactions with 25.45%, total buy rates at 61%

Previously they share buyback and take the reserve shares as share dividend to share holders, which i think many of us in this group should got it, including me.