Ghlys dropping to 1.61.
Ghlys sure drop
Why ?
It's competitor Revenue, is just 1.4.
And revenue will further drop.

So Ghlys will drop more.
Until both Revenue and ghlys about the same price...

Jaks dropping 1.27
Jaks dropping as bursa red now...

Jaks also will drop more ahead of CNY
People need money to celebrate CNY, taking profit now

Many brought jaks at 1.16 earlier, and now will take profit as seeing Jaks drop, trend has drop

Those who gotten Revenue during the bonus issue, most of the cost of Revenue is less than RM1

These are the people who will lock in profit of revenue now, in anticipating of the CNY
After tomorrow, no more news for Revenue, until after CNY....

Revenue dropping 1.39

Tomorrow the new of Ewallet RM30 will be implement.
no more news already....

Revenue PE too high, price correction...
No more news left, and need to adjust Revenue price down, and bring down the high PE

Ghlys profit taking, price has gone up too high, news over...
Ghlys dropping 1.62

Buying into MYEG is buying in a growth company....

MyEG up 3.57% on expansion of tax monitoring system to 30 cities in Indonesia

KUALA LUMPUR (Jan 14): Shares of MyEG Services Bhd (MyEG) rose 3.57% after it announced that its Indonesian associate PT Cartenz Inti Utama has secured additional government mandates to roll out its tax monitoring system, marking an expansion to its successful commencement of the implementation in Jakarta.

At 10:26am, MyEG's share price was up 4 sen to RM1.16, with some 53.26 million shares traded, valuing it at RM3.88 billion.

In a Bursa Malaysia filing yesterday, MyEG said it has recently been contracted by the governments of seven other provinces in Indonesia to deploy, on a chargeable basis, the tax monitoring system to cover a total of 30 cities.

"The projects' tenure ranges from one year to three years and it is renewable upon expiry.

"The projects also have no fixed value as it is dependent on the number of installations to be undertaken by Cartenz," it added.

Nonetheless, MyEG's board of directors said the projects are in the best interest of the company and are expected to contribute positively to the earnings of the company for the financial year ending Dec 31, 2020.

MyEG managing director TS Wong said this has exceeded the group's initial targets.

"We now believe that our Indonesian roll-out will be faster and require lower capex than our previous expectations," he said.

Since unveiling the joint venture in 2018, the group has started the implementation of real-time monitoring of business transactions for tax computation purposes, with installations in retail merchant premises presently ongoing in Jakarta under a pilot programme offered at no charge.

The expansion of the tax monitoring system to more regions in Indonesia represents an important milestone for MyEG, not only in the strengthening of its position as the leading e-government services provider in Indonesia, but also in the widening of its footprint in the country's retail sector, it said.

Stanley8 My EG Services Bhd (MyEG)’s Indonesian associate PT Catenz Inti Utama has secured additional mandates from the Indonesian government to roll out its tax monitoring system to 30 more cities, expanding beyond the system’s current implementation in Jakarta. However, it did not provide a value for the additional mandates awarded.

These 30 additional cities are located seven other Indonesian provinces. Pilot installations have since commenced across these seven provinces.

Huat chaii..
14/01/2020 2:07 AM

Stanley8 : Good sharing of info... Thank you.

WASHINGTON (Jan 14): The Trump administration on Monday lifted its designation of China as a currency cheat, saying the nation has made “enforceable commitments” not to devalue the yuan and has agreed to publish exchange-rate information.

The change in the U.S. stance was outlined in the U.S. Treasury Department’s semiannual foreign-exchange report to Congress. The document was released two days before America and China are set to sign a phase-one trade agreement in the East Room of the White House at 11:30 a.m. in Washington, according
to people familiar with the plans.

Yuan Gains

Bloomberg News reported earlier Monday that the Treasury would lift the designation on China, news that sent the yuan to a six-month high.

Good news ahead of the Trump and China signing the lifting of the trade war phase 1, cheers !

This morning, at opening MYEG from 1.14 shot up to 1.2.
This shows that most investors confidence is higher than 1.2.

Due to profit taking/ contra players, MYEG support now is at 1.15.

I am adding more MYEG as MYEG is for long term for me.
I am adding MYEG at 1.15 now, as that is the support line.

MYEG after lunch will be another wave coming.
Tomorrow MYEG will be another wave coming.

Watch out MYEG...

MYEG has brought back huge volume of shares from Jan 3 & Jan 8
Why ?

Very obvious explanation : The shares that MYEG bought back was at 1.11 to 1.12
MYEG bought back huge shares in anticipation of yesterday Jan 13 announced news, that Myeg has gotten huge contracts from Indonesia market.

In the next few days MYEG will definitely increase its price, MYEG TP at least 1.25 very soon.

The management of MYEG at least is looking at MYEG to be 1.5 for all their effort in pushing up MYEG price.

Trust your instinct.

MY E.G.SERVICES BHD buyback 2,000,000 shares from 1.110 to 1.120 on 03-Jan-2020 - 08-Jan-2020.

MY E.G.SERVICES BHD buyback 1,000,000 shares from 1.110 to 1.110 on 08-Jan-2020.

Myeg : Red wave coming soon...
A sea of red wave...

Kossan will keep dropping till after CNY.

See, Mark my words... IHH drop further 5.53..
IHH will have further drop...

BN_better Directors keep disposed nobody from i3 mentioned bec they syndicate?
20/12/2019 4:21 AM

Directors disposing, Power Root be careful...
Not a good choice at the moment...
Wait for the wave to subside....

Eden has been trading above its upwards sloping 20 days moving average which is a good sign.
In addition of the support level of 1.19 which has been tested successfully it may provide for the trend to continue.
Eden looking at the next level of resistance 0.25.

PH 777 : :Like you , I also believe in GHLSY, TP 1.8 soon

GHL earnings to be driven by e-payment solution enrolment
Friday, January 10th, 2020 at , Business | News

The company will be the 1st payment provider to offer the service in South-East Asia where over 2,000 online merchants through eGHL will enjoy the benefit

by SHAZNI ONG / pic by TMR FILE PIX

GHL Systems Bhd’s move to enrol the first tokenised e-payment solution for merchants in South-East Asia is expected to provide an earnings boost for its transaction payment acquisition (TPA) business.

BIMB Securities Sdn Bhd analyst Afifah Abdul Malek said the move would restore user confidence to transact through online and in-apps (eWallet).

GHL will be the first payment provider to offer the service in South-East Asia where over 2,000 online merchants through GHL ePayments Sdn Bhd (eGHL) will enjoy the benefit.

“We like GHL, given its ongoing effort to provide better service and value-added services to meet merchants and users’ needs, as well as on track with the evolving cashless payment technology,” Afifah told The Malaysian Reserve yesterday.

On Tuesday, GHL announced its financial technology arm, eGHL, in partnership with Mastercard, will roll out Mastercard Digital Enablement Service (MDES) for Merchants, or M4M.

The M4M is a tokenised e-payment solution that offers a simpler, more secure and seamless digital payment experience for consumers and online and in-app transactions.

eGHL stated that it will be the first payment service provider in South-East Asia to enable MDES for Merchants in Malaysia starting this month.

The company noted that the integration of the technology is timely as consumers are increasingly storing card details online or in-app to make purchases with related merchants.

M4M replaces and protects a user’s card information and sensitive account numbers with a digital token that is unique to only the consumer and the merchant.

Afifah expects more projects coming from the GHL-Mastercard partnership.

“We have a ‘Buy’ call on GHL with a target price of RM1.80. We like GHL given the promising long-term strength of its TPA business and continuous support from government across its key markets (the Philippines and Thailand) for cashless payment,” Afifah added.

GHL’s share price reacted positively to new project announcements. Its share price closed 2.55% or four sen higher at RM1.61 yesterday, valuing the company at RM1.21 billion.

Meanwhile, Afifah said the contribution from the RON95 subsidy project is insignificant to GHL as it amounts to around 8% of its total revenue and the system is already in place.

“Through the awarded project, GHL has been acknowledged by the government and has proved its capability as a local player to implement the project.

“The ministry noted the reason for the delay is due to government needing more time to provide further clarification to the public on subsidy programme and to handle registration for eligible recipients from the M40 (middle 40% income group),” she said.

Last month, the petrol subsidy programme (PSP), scheduled for implementation this month initially, was postponed to a later date following a Cabinet meeting on Dec 18 last year.

Domestic Trade and Consumer Affairs Minister Datuk Seri Saifuddin Nasution Ismail said the postponement is due to the need for elaboration and clarity in order to provide better understanding and prepare consumers for the PSP implementation.

First announced on Oct 7, the government had allocated RM2.4 billion for the programme in Budget 2020. It is expected to benefit as many as eight million individuals from the bottom 40% and M40 household groups.

Mudajaya drop in share prices due to Mudajaya Coal power plant in India

Jaks investors should use Mudajaya example to determine to buy into Jaks in anticipation of future profit ( which might not happen ? )

Jaks is still too expensive at 1.31..

Mudajaya’s coal power plant in India

JAKS Investors should look at how the Indian Government distribution system in the delaying the actual completion Mudajaya’s coal power plant in India.

Jaks is basically a construction contractor and a property developer. A few years ago, the CEO Andy Ang in joint venture with Jaks to undertake the development of Star Media’s 6 acres of the land in Petaling Jaya, KL. which has planning permission for 2 office tower blocks in front and 3 high rise condominium blocks at the back. All these 5 blocks of high rise buildings are sitting on a 4 storey under round car park.

Since the JV did not pay for the land, it has agreed to give one of the 2 office blocks and Rm 50 million performance bank guarantee to Star Media. Up to date, Andy Ang and Jaks JV could not complete the development project and the High Court has passed judgement for in favour of Star to forfeit the Rm 50 million performance guarantee. Moreover, Star and many other buyers are suing Jaks for the completion delay.

Under the circumstances, I suspect Andy Ang has sold his share in the JV to Jaks which he did not require to call an EGM to seek shareholders’ approval. I also suspect, a large portion of this huge development are not sold.

From my long experience in property development, I have not seen so many unsold properties in every town and city before. It will take more than 10 years to resolve this problem. In fact, property prices have been dropping continuously and many listed property development companies are selling their shares below their NTA.

Investors must not forget that Jaks has another big financial problem in its Evolve Mall development.

Investors must also not forget that bank interest charges can be capitalised and it is not shown in the profit and loss account.

Investors must be careful and not to be misled by people who have no business sense.

JAKS: investors must not buy in anticipation of future profit - Koon Yew Yin
Author: Koon Yew Yin | Publish date: Tue, 31 Dec 2019, 2:41 PM

I made a big mistake in buying Jaks in anticipation of its future profit from its 2 X 600 MW coal power plant contract with the Vietnamese Government. I am ashamed to admit that I lost a huge amount of money.

My sole purpose of writing this piece is to advise investors not to be misled to buy Jaks in anticipation of its projected profit from its coal power plant in Vietnam. Readers must remember that whether you buy or you sell does not affect me because I do not have Jaks.

Jaks secured the contract to construct 2 X 600 MW coal power plant to sell electricity to the Vietnamese Authorities on 28 Oct 2010. Jaks could not start construction work for many years and it has been requesting for contract extension from the Vietnamese Government. Jaks finally sold 70% of the contract to China power Engineering Consulting Company (CPECC).

As you know, the power plant construction is not completed yet and it has not reported any profit from selling electricity. Unfortunately, Mr Ooi Teik Bee has already circulated his projected profit recommendation to all his subscribers and followers. You should not buy Jaks now. You should only start to buy when it can show increasing profit for 2 consecutive quarters from its power generation in Vietnam.

Even when the 2 X 600 MW coal power plant is completed, all the other ancillary construction works might not be completed to use up all the 1,200 MW electricity. All of a sudden, the Vietnamese distribution system might not be able to cope with the 1,200 MW of electricity supply.

GHL System : Each Quarter has been making profit...
Coming due to be release Qtr in Feb 2020 , significantly increase in net profit

GHLSYS Quarter Report History
Date Financial
Year No. Financial
Quarter Revenue
(RM,000) PBT (RM,000) Net Profit
(RM,000) EPS (Cent) Dividend
(Cent) NTA
(RM) Download
Report
28 Nov 2019 31 Dec 2019 3 30 Sep 2019 87,709 10,828 7,336 0.98 0.00 0.595 Malaysia Stock - KLSE Quarter Report History 16%
29 Aug 2019 31 Dec 2019 2 30 Jun 2019 85,895 10,290 7,166 0.97 0.00 0.580 Malaysia Stock - KLSE Quarter Report History 36%
30 May 2019 31 Dec 2019 1 31 Mar 2019 86,537 8,982 6,346 0.86 0.00 0.554 Malaysia Stock - KLSE Quarter Report History 8%
27 Feb 2019 31 Dec 2018 4 31 Dec 2018 80,470 10,841 7,108 0.96 0.00 0.545 Malaysia Stock - KLSE Quarter Report History 45%
22 Nov 2018 31 Dec 2018 3 30 Sep 2018 87,424 13,286 6,304 0.86 0.00 0.539 Malaysia Stock - KLSE Quarter Report History 24%
23 Aug 2018 31 Dec 2018 2 30 Jun 2018 67,724 6,195 5,264 0.72 0.00 0.522 Malaysia Stock - KLSE Quarter Report History 1%
30 May 2018 31 Dec 2018 1 31 Mar 2018 59,751 7,724 5,866 0.89 0.00 0.419 Malaysia Stock - KLSE Quarter Report History 10%
21 Feb 2018 31 Dec 2017 4 31 Dec 2017 63,454 6,521 4,919 0.75 0.00 0.416 Malaysia Stock - KLSE Quarter Report History 12%
28 Nov 2017 31 Dec 2017 3 30 Sep 2017 63,379 6,674 5,065 0.77 0.00 0.409 Malaysia Stock - KLSE Quarter Report History 8%
29 Aug 2017 31 Dec 2017 2 30 Jun 2017 60,751 5,863 5,232 0.80 0.00 0.403 Malaysia Stock - KLSE Quarter Report History 11%
26 May 2017 31 Dec 2017 1 31 Mar 2017 68,001 6,692 5,326 0.81 0.00 0.402 Malaysia Stock - KLSE Quarter Report History 23%
20 Feb 2017 31 Dec 2016 4 31 Dec 2016 67,155 6,203 4,411 0.68 0.50 0.397 Malaysia Stock - KLSE Quarter Report History 38%

GHL System :
Performance by Geography
2018 Group turnover grew +17.9% yoy to RM299.1 million (2017 – RM253.7m). Pre-tax profits was up
+31.9% yoy to RM33.5 million compared to RM25.4 million a year ago and pre-tax margin increased to
11.2% (2017 - 10.0%).

Malaysian operations contributed 76.4% (2017 – 83.2%) of group turnover

Better performance from both Thailand and Philippines. EBITDA margin was 16.3% for 2018,a slight increase from 15.6% in 2017.

Philippines’ turnover grew +16.8% yoy at RM34.0m (2017 – RM29.1m)

Thailand recorded a strong growth in topline revenue of +178.7% to RM35.4m (2017 – RM12.7m)

Australia remains the smallest contributor to group operations at RM1.2 million.

GHL Systems may rise higher after it breached above the
MYR1.50 threshold. This upward momentum is likely to
continue, given that it has formed a second consecutive long
white candle. A positive bias may emerge above the MYR1.50
level, with an exit set below the MYR1.40 threshold. Towards
the upside, the immediate resistance is at MYR1.71. This is
followed by the MYR1.80 level

Tomorrow IHH will go further down.
DJI down...IHH down

Revenue PE57, very expensive PE.
Revenue will drop further tomorrow.

UWC from 3.18 drop to 3.09
Frontkn will follow soon, and will keep on dropping
Run while you can...

Those on profit, take profit first
You can always buy back later
DJI future keeps on dropping
Tonight DJI will be very red

Dji Future big red sea and keep on dropping
Tonight DJI will be another huge red

Take profit while you can, and buy back Revenue later
Revenue : increase due to future growth, this can wait later..
People panic, and dumping revenue
Those who has revenue before the bonus issue, will be dumping more revenue tomorrow, when situation gets worse.

Take profit today, so that tomorrow will be lesser pain
Slowly accumulate Revenue at a later date with cheaper price.

Profit taking for Alam 0.17..
See where it stops....the lowest, then add more for Alam...

haha Alam 0.175 now...

Mark my words, see Alam has drop to 0.155.

Contra players has been selling Alam at 0.16.

No worry everyone, if you are Alam investors, you add more Alam at the next level of cheaper price...
As Alam will continue to soar higher.

If you are a trader/ contra players, wait for the next lower wave coming again for Alam... before you ride the wave again.

Velesto , slow and steady....
Wave coming soon...
Those on Velesto ship, stay safe, and no panic...
As velesto ship will bring you to safety.

Alam, Hibiscus, Armada : Starts to weaken a bit the price...
Contra players / operators taking profit....

Wait for the next wave before enter again...

Alam, at 0.16
If alam goes down a bit at this price, no worry, just pick up more cheaper Alam

Those who has the intention to keep Alam for long term, no worry, Alam will go up much higher than this.

Contra players / Operators will start throwing Alam at 0.16.
No worry, add more Alam if you intent to hold Alam for longer term.

Traders, you can collect Alam at much lower price later...

Today Bursa red at 14 points drop, Eden still can stand firm and up its price fr 0.205 to 0.22.
Bursa will recover tomorrow, Eden will sure go up higher and higher..

Yes Power 168 : Ang pow from Eden ahead
2020 is a Tourism Year, Eden will stand to benefit a lot....

I add more Bright at 0.395
Let ride the wave together with the Operators.
Bright volume as of now 3.2 Million changing hands...
Operators has been busy collecting Bright..

Once collected enough, Bright will push to be as bright as ever..
Bright is like Master in the making, those who miss Master, and would not want to miss Bright again.

davidkkw79 why only alam up ah ? The others oil & gas didnt up at all
06/01/2020 9:39 AM

David : Why only Alam up ?
Good question

Reason : Alam has many projects on hand, and keep on receiving more and more projects
Operators has also collected a lot of Alam, and keep on collecting more Alam, reasons when all those projects starts churning in money, and more projects being received, Alam will go up higher and higher

Those who get Alam now at this cheap bargain price of 0.165, will be seeing soon 0.2, 0.3, 0.4, 0.5 very soon like Armada....
That's why Alam shot up today....

Congrats to all those who manage to buy Bright at 0.39...
Operators are busy buying Bright at cheap bargain prices, in order to push up Bright to the next level of wave.

Lets ride on Bright wave together with the operators..
Bright gonna shine as bright as it could

Bright 0.405 now...

Eden 4.6 Million changing hands
Eden will go up much higher soon.

Those who believe Eden will get a very soon handsome ang pow money.
Look at the great prospect Eden has ....

Brent oil 69 now...
Brent oil going to cross 70 soon.
Hurry Hurry

Velesto wave has started today, strong and good
Velesto going to cross 40 soon

I am adding more velesto at 0.395

05/01/2020 2:23 PM
Mabel To those who have not collected, don't stop till you get enough....
https://www.youtube.com/watch?v=yURRmWtbTbo
Time to upgrade the menu for the New Year Eve...
Meow!
05/01/2020 5:10 PM

Thanks Mabel...
I am adding more Alam at 0.155 now,
Alam wave has started....
Let's ride on the wave today

I am adding Eden at 0.215

I am adding Bright at 0.405

PROSPECT
EDEN is focusing LED sector

WE simply compare with led stock such as d&o to know that LED is in bullish business

As we look through the figures, we realise that both company ( Bright & Eden) latest QR are the best, Eden Net Profit is at history high
while Bright profit is at 5 years high

Bright and Eden are making a comeback...
Buy while Bright and Eden are still cheap

FUNDAMENTAL
WE compare with Bright because it has similar recovery in figures :
As we look through the figures, we realise that both company latest QR are the best, Eden Net Profit is at history high

while Bright profit is at 5 years high

Latest profit shows that Eden has strong come back, we using PE to value to stock price based on latest single QR,

EDEN (current RM0.215 Current PE 7.1 )

PE 10 = RM0.304

PE 15 = RM0.456

PE 20 = RM0.608

compare to bright (current price RM0.485 current PE 11.2)

PE 10 = RM0.432

PE 15 = RM 0.648

PE 20 = RM0.864

We use latest QR to value PE because both are COME BACK company from losses, using 4 latest quarters to calculate is not relevant!

Eden Inc Bhd operates as an investment holding company, which engages in the provision of management services. It operates through the following segments: Energy Components; Food, Beverage, and Tourism; and Manufacturing. The Energy Components segment operates power plant as an independent power producer. The Food, Beverage, and Tourism segment contribute majorly towards firm’s revenue concerns restaurant, catering, and operating aquarium, and related activities. The Manufacturing segment produces and manufactures electrical and engineering parts.

Bright another super hike like master...

If you miss master, dont miss bright.
This coming Qtr result Bright will pose good results, and then Bright will up and up