after market close today very good news, monday limit up

CONNECT (0102)

Current price: 34.5sen

Technical target price 1: 62.5sen (Historical High and Major Wave 1 target)

Technical target price 2: RM1.60 - RM1.67 (Major Wave 3 projection)

Technical target price 3: RM2.00 - RM2.09 (Major Wave 5 projection)


A little bird whispered that Connect would be the next vehicle for the backdoor listing (reverse takeover) by S5 Systems since the failure of the proposed acquisition in Goodway by the biggest shareholder of S5 Systems, NSA Technology back in early 2017. Some saying that the announcement could be out by next week with a potential RTO price between 50sen and 60sen! That is why it has spurred strong interests in Connect in the last few days which saw the share price jumped around 100%.

For your information, S5 Systems is a private entity that involves in the business of national security solutions which involves the provision of security technology intellectual property the development and customisation of solutions and systems, consultancy and support in all related information technology and security industries.

Simply put, S5 Systems is in the running and directly compete with Datasonic, Scicom, Heitech Padu, Opcom, Iris and even MYEG (who intends to purchase 118 million shares or a 10% stake in S5 Systems for a total purchase of RM90 million) for RM1.5 billion immigration system.

The RM90 million price tag values S5 Systems at a trailing P/E ratio of 14.2x. It registered RM63.2 million earnings in FYE June 2019.

Scenario 1: Based on the back-of-the-envelope calculation and should the RTO materialises, it would value Connect at 76sen (S5 Systems’ EPS of 5.36sen and 14.2x P/E ratio). This is line with S5 Systems’ valuation based on 10% stake that MYEG has proposed to acquire would translate RM900 million, which is at 76sen based on S5 Systems’ number of shares of 1.18 billion.

S5 Systems' earnings of RM63.2 million are superior than Datasonic's latest earnings of RM48 million and thus, Connect (S5 Systems) should be valued similar to OR more than RHB's implied P/E ratio valuation target of 39x on Dsonic.Therefore, 39x P/E ratio on S5 Systems' forward EPS (FY20) of 5.36sen (assuming no growth from FY19 and remains the same) would value Connect (S5 Systems) at RM2.09!

At Connect’s current price of 34.5sen, it is still being hugely undervalued traded at 6.4x P/E ratio. The potential upside would be 500%. Should the RTO materialises at 60sen, there would still be potential upside of 248%! The market is still overlooked this huge upside potential! This is real, not conning everyone here! If this analysis is wrong, please message me personally!

Let say to be conservative in its FYE June 2020 (worst case) by applying rule of thumb of 20% discount to its RM63.2m profit due to the MCO (between March and May 2020), it would translate to RM50.6 million profit and EPS of 4.28sen. By pegging to P/E ratio 39x, it would value Connect (S5 Systems) at RM1.67! Let say apply another 20% discount to now its P/E ratio of 39x, which is 31x, it would value Connect (S5 Systems) at RM1.34! Again, still huge upside potential from current price of 34.5sen!

Scenario 2: What if the RTO materialises at Connect's number of shares of 367.7 million only? This would value Connect (S5 Systems) at RM2.44 (RM900 million valuation). At an EPS of 17.18sen and current price of 34.5sen, it would translate a trailing P/E ratio (FY19) of 2x only!

Assuming conservative case for its FY20 with no growth in EPS and maintain at 17.18sen, which would translate to forward P/E ratio of 2x only, Connect (S5 Systems) would be superbly undervalued at a fair value of RM2.44 (RM900 valuation).

Those scenarios valuations are even excluding potential earnings from RM1.5b immigration systems if it wins. Imagine its enormous upside potential in both earnings and share price! Would we see the stock hit limit up once the announcement is out or even before it next week?!

More details on S5 Systems here. Source: https://www.klsescreener.com/v2/news/view/688578

Technical-wise, both daily and weekly chart is in bullish landscape. The share price has broken above major resistance level of 33sen and closed at high of 34.5sen since 2008! The breakout is supported by stronger-than-average volume. This is in-line with strong interests in the stock for potential RTO story and its huge undervalued.

MACD histogram indicator has just started to expand in positive territory (bullish zone) which means there is more potential upside in both short-term and long term. The share price is being traded above all 5, 20, 50 and 200-day SMAs.

THIS STOCK WILL SKYROCKET MORE THAN GLOVE STOCKS PLAY! SUPERB UNDERVALUED!
CONNECT (0102)

Current price: 34.5sen

Technical target price 1: 62.5sen (Historical High and Major Wave 1 target)

Technical target price 2: RM1.60 - RM1.67 (Major Wave 3 projection)

Technical target price 3: RM2.00 - RM2.09 (Major Wave 5 projection)

https://klse.i3investor.com/blogs/winningstock/2020-06-13-story-h1508762209-THIS_STOCK_WILL_SKYROCKET_MORE_THAN_GLOVE_STOCKS_PLAY_SUPERB_UNDERVALUE.jsp

Big corporate announcement soon, RM2 before announce?

hahaha.....IBs cap margin players only! In this world we have so MANY BIG Funds from US/EUROPE/Middle East/China/SG ALL these big Funds will SAPUUU all glove stocks from tomorrow onwards....Limit Up again this time minus margin players lagi easy to limit up...

hahaha.....IBs cap margin players only! In this world we have so MANY BIG Funds from US/EUROPE/Middle East/China/SG ALL these big Funds will SAPUUU all glove stocks from tomorrow onwards....Limit Up again this time minus margin players lagi easy to limit up...

Yes Dnex silence quite diam diam and boommm rocket up

Continue to limit up for three consecutive days ...

Careplus TP RM5, no.5 in the list same rank as Supermax.....
Industrial Gloves Market to Garner US$ 17.0 Bn, Globally...
Key players in the industry-

Top Glove Corporation Berhad
Hartalega Holdings
Kossan Rubber Industries Bhd
Riverstone Holdings Limited
Careplus Group Berhad, Supermax Corp.
Ansell Healthcare
SHOWA, Inc
Honeywell International Inc.
Semperit AG Holding
https://www.prnewswire.com/news-releases/industrial-gloves-market-to-garner--17-0-bn-globally-by-2027-at-12-5-cagr-allied-market-research-301051857.html

The Transaction paves the way for DNeX Group to expand its subsea telecommunication services in Indonesia and is expected to potentially boost the income of DNeX Group in the future.

The Indonesian government had in October 2019 announced the completion of the long­ awaited Palapa Ring project -a trans-Island submarine cable and Broadcast Tower Station (BTS) network...

The project,which started in 2007, involved the construction of a 36,000km long fiber optic cable network that span the entire archipelago, which would, in turn, improve Internet access to the nation's most remote regions.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3054654

GDEX have a beautiful healthy lean balance sheet, with a net cash position of more than RM100mil......as well as new norm economies are shifting towards digitalisation and e-commerce. So many good news tat can caused Monday hit Limit UP.

https://www.thestar.com.my/business/business-news/2020/05/30/brisk-business-for-gdex

tunggu apa lagi..BUYYYYY. CAREPLUS is World No.5 same ranking with Supermax...see below link!!!

Industrial Gloves Market to Garner $ 17.0 Bn, Globally....
Key players in the industry-

Top Glove Corporation Berhad
Hartalega Holdings
Kossan Rubber Industries Bhd
Riverstone Holdings Limited
Careplus Group Berhad, Supermax Corp.
Ansell Healthcare
SHOWA, Inc
Honeywell International Inc.
Semperit AG HoldingKey players in the industry-
https://markets.businessinsider.com/news/stocks/industrial-gloves-market-to-garner-17-0-bn-globally-by-2027-at-12-5-cagr-allied-market-research-1029160762

tunggu apa lagi..BUYYYYY. CAREPLUS is World No.5 same ranking with Supermax...see below!!!

Industrial Gloves Market to Garner $ 17.0 Bn, Globally....
Key players in the industry-

Top Glove Corporation Berhad
Hartalega Holdings
Kossan Rubber Industries Bhd
Riverstone Holdings Limited
Careplus Group Berhad, Supermax Corp.
Ansell Healthcare
SHOWA, Inc
Honeywell International Inc.
Semperit AG HoldingKey players in the industry-
https://markets.businessinsider.com/news/stocks/industrial-gloves-market-to-garner-17-0-bn-globally-by-2027-at-12-5-cagr-allied-market-research-1029160762

Bursa approved delayed QR is good, more days to goreng to RM1.50...

The whole Careplus group produced 10 billion gloves annually.... from this figure u can compare with supermax share price... Careplus should worth RM2

Good for Glove counters!!!.
1.) Glove Selling prices, will up five to eight per cent per month starting from June...
2.) There will be shortages of gloves in 2021....
https://www.theborneopost.com/2020/05/19/demand-for-rubber-gloves-continue-to-surprise/

Good for Glove counters!!!.
1.) Glove Selling prices, will up five to eight per cent per month starting from June...
2.) There will be shortages of gloves in 2021....

https://www.theborneopost.com/2020/05/19/demand-for-rubber-gloves-continue-to-surprise/

The strong demand has also given manufacturers the flexibility to continue raising selling prices, which they are now forecasting at five to eight per cent per month starting from June – higher than the one or two per cent forecasted earlier....
https://www.theborneopost.com/2020/05/19/demand-for-rubber-gloves-continue-to-surprise/

wahhh this user "face", he foretold the Right closing price so chun chun, see his posting below...

Posted by face > May 20, 2020 3:20 PM | Report Abuse

later move up towards 95 sen, then tomorrow limit up to 1.30!

see bigger picture, see the connecting dot dot...ECRL, Pahang/Terengganu/ One belt One Road/ Sand RM28 billion

Belt and Road Initiative (BRI) is a massive transnational economic cooperation blueprint for growth and development for Eurasia proposed by China which account for 43.4% of the world
population (3.21 billion) and 16% of global GDP (USD $12 trillion).

See the bigger picture of this Massive RM28 billion sand economy between Malaysia and China gov. It's create a win win synergies for both countries to spearhead China's One Belt One Road.

Is good economy for states of Terengganu and Pahang as well as Federal Gov having the guaranteed recurring tax collection for 15 years.

given the huge size of PO worth RM28 billion for 15 years, I trust they oredi have the sands from the "sources" in Trengganu and Pahang. Also all parties involved may have been working/meeting behind the scenes and came to agreement and finally whole project kicked in/announced to public....
Monday LIMIT UP!!!

Huattt!! Tuesday CONFIRMED LIMIT UP HUATTTT!!!
https://www.thestar.com.my/business/business-news/2020/05/08/ageson-to-source-rm275bil-worth-of-natural-sand-from-terengganu-pahang-for-client-in-china

Now that the RM28b sand business is all explained and clear clarification, Tuesday can Limit UP ??
Ageson to source RM27.5bil worth of natural sand from Terengganu, Pahang for client in China..
https://www.thestar.com.my/business/business-news/2020/05/08/ageson-to-source-rm275bil-worth-of-natural-sand-from-terengganu-pahang-for-client-in-china

These RM28b sand business is REAL and Legitimate, most of the sand will from overseas to China/HK/SG...

1.) Ageson inks JV term sheet for RM330m Singapore sand supply project.

2.) Ageson bags RM117m contract to sell natural sand to HK firm...

3.) Ageson bags RM27.5b sand order from Guangzhou Kaishengda...

1.) Ageson inks JV term sheet for RM330m Singapore sand supply project.
https://www.thesundaily.my/business/ageson-inks-jv-term-sheet-for-rm330m-singapore-sand-supply-project-FK2268601

2.) Ageson bags RM117m contract to sell natural sand to HK firm...
https://www.theedgemarkets.com/article/ageson-bags-rm117m-contract-sell-natural-sand-hk-firm

3.) Ageson bags RM27.5b sand order from Guangzhou Kaishengda...
https://www.theedgemarkets.com/article/ageson-bags-rm275b-sand-order-guangzhou-kaishengda

Careglove Global Sdn Bhd thru its 100% own Descarpack Descartaveis do Brasil Ltda which makes rubber gloves for the Brazilian market which is now had hit with Covid19....

https://www.facebook.com/descarpack.descartaveis.brasil/videos/vb.693537020838634/693541654171504/?type=2&theater

month end coming, syed mokthar may buy MSM to merge with CSR.
MSM limit up soon!

Kiplepay Sdn Bhd, a unit of Green Packet Bhd recently teamed up with the Coalition of Malay Small Traders Association (GPPPKMM) to launch a ‘Warong Digital e-Bazaar Ramadan’ programme. The programme uses Kiplepay’s e-wallet, which allows local traders to conduct online transactions and provides a cashless experience for customers

I set Careplus TP should be around 73cents based on current global prolong pandemic and generating max demand of it's gloves worldwide.

MSM can spike up anytime pass over to 70cents...

Second liners Glove counters HLT will goreng up in tandem with first liners glove counters

KUALA LUMPUR, -The COVID-19 pandemic will drive up the rubber price in the market to a higher level as well as increase the demand for Malaysian rubber gloves this year, said the Malaysian Rubber Board (MRB).
https://www.bernama.com/en/business/news.php?id=1833343

Tomorrow Limit Up?? Accobiotech Sdn Bhd is own by SRAM MRAM Group.

SRAM MRAM Technologies in association with its group company AccoBiotech Sdn Bhd (Malaysia)....
https://srammram.com/sram-acco-covid19-rapid-testing-kit/' target='_blank'>https://srammram.com/sram-acco-covid19-rapid-testing-kit/
https://srammram.com/

have some interest parties buy out offer Melewar?

Mflour afternoon break 65sen......more stronger than Msm.

Finally Dnex Awoken....the only path is UPTREND TP RM1

this VC going to 15sen in due time....

VC is a hidden gold diamond silver by 2 bosses rush to gain control, just watch it to fly to 15sen

Brent Oil up 30 and Alam bags RM 24.8m jobs from Petronas = double BONUS, ALAM LIMIT UP UP!!

awarded a RM24.8m contract, tomorrow 15sen?

Fed’s Anti-Virus Lending Firepower Could Reach $4.5 Trillion...
https://www.bloomberg.com/news/articles/2020-03-25/fed-s-anti-virus-lending-firepower-could-reach-4-5-trillion?srnd=premium-asia

Fed’s Anti-Virus Lending Firepower Could Reach $4.5 Trillion...
https://www.bloomberg.com/news/articles/2020-03-25/fed-s-anti-virus-lending-firepower-could-reach-4-5-trillion?srnd=premium-asia

All flour, bread, eggs wiped out , no stocks, good for Mflour

censof out,.... Serba Dinamik to take a major block, as Dnex business fits in Serba. I very buliish for Dnex

LIMIT UP, US$4 TRILLION TO FLOOD MARKETS.

https://www.thestar.com.my/news/world/2020/03/22/virus-aid-bill-includes-3000-for-families-4-trillion-liquidity-for-fed---mnuchin

LIMIT UP, US$4 TRILLION TO FLOOD MARKETS.

https://www.thestar.com.my/news/world/2020/03/22/virus-aid-bill-includes-3000-for-families-4-trillion-liquidity-for-fed---mnuchin

LIMIT UP, US$4 TRILLION FROM US TO DEFEAT THIS VIRUS!

https://www.thestar.com.my/news/world/2020/03/22/virus-aid-bill-includes-3000-for-families-4-trillion-liquidity-for-fed---mnuchin