What should be the effect of these two latest announcements ?

N2N CONNECT BERHAD - NOTICE OF 20TH ANNUAL GENERAL MEETING

https://m.malaysiastock.biz/Company-Announcement.aspx?id=1313901

OTHERS OFFER OF OPTIONS UNDER THE LONG TERM INCENTIVE PLAN

https://m.malaysiastock.biz/Company-Announcement.aspx?id=1313961

Hope tomorrow will make a strong support at 0.215 & start reversal & fly next week

Price still closed at Fibonacci yellow area. Collection area ? Granflo chart pattern or lousy Scomi pattern ? Vote for Granflo please

Touched EMA20 today. Fly tomorrow ?

Not given UMA for yesterday sudden spike. Must be something great ?

Insider Moves: Media Prima Bhd, Dynaciate Group Bhd, Sedania Innovator Bhd, Signature International Bhd, Complete Logistic Services Bhd, Ta Win Hold­ings Bhd

At technology incubator Sedania Innovator Bhd, Datuk Nasri Nasrun emerged as a substantial shareholder after acquiring 20 million shares or 6.62% of the company on Jan 19. The acquisition was announced on March 9.

Nasri, an accountant by training, is also involved in other industries such as ICT through SCAN Associates Bhd and oil and gas services through Setegap Ventures Petroleum Sdn Bhd — now an 86%-owned subsidiary of Uzma Bhd.

Sedania did not say at what price Nasri acquired the shares. However, the counter was trading at 14 sen to 14.5 sen on Jan 19. At last Tuesday’s price of 15 sen, the group was valued at RM45 million.

https://www.theedgemarkets.com/article/insider-moves-media-prima-bhd-dynaciate-group-bhd-sedania-innovator-bhd-signature

Sedania Corporation Sdn. Bhd. 35.77%
Maybank Private Equity Sdn. Bhd. 8.27 %
Nasri bin Nasrun 6.62%
Grup Buku Karangkraf Sdn. Bhd. 0.66%

https://www.bursamarketplace.com/mkt/themarket/stock/SEDA/ownership

Greentech, Fintech, Telcotech, IoT, and Esports

https://www.sedaniainnovator.com/about

Bursa Securities had vide its letter dated 2 April 2021, has resolve to approve an
extension of time of 6 months from 6 April 2021 up to 5 October 2021 to complete the implementation of the Private Placement.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3145074

7 Dec, 2020 Sedania Innovator bullish on 2021 growth prospect

3 Nov, 2020 Sedania Innovator joins health tech

16 Sep, 2020 COVID-19 pandemic has given Malaysia’s digitalisation a big boost

27 Jul, 2020 e-KYC concept enhances secured financial services for customers

8 May, 2020 Sedania remains focused to expand ecosystems

26 Apr, 2020 Sedania expands footprint into Latin America

23 Apr, 2020 Sedania As Salam Capital to offer e-mandate service on e-marketplace

15 Apr, 2020 Sedania Innovator partners India’s Paytm First Games

10 Apr, 2020 Will Malaysia’s financial sector finally take digital transformation seriously after Covid-19?

https://www.sedaniainnovator.com/news

Sedania Innovator bullish on 2021 growth prospect

https://themalaysianreserve.com/2020/12/07/sedania-innovator-bullish-on-2021-growth-prospect/

2 weekly candle red pullback should be enough. Next week should make a new breakout or at least reversal weekly candle

Masterbadman ekovest TA ; EMA200 never crossed EMA50&20 since March 2020 crash. Thus not worth to look at it for short term

TA still uptrend & maintain above strong support 0.265, 0.255 & EMA50. Healthy pullback with low volume

Prospects for the next financial year (2021)

The Malaysian gross domestic product growth contracted 4.5% in 2020. In addition, the issues that plagued the property market such as market overhang, price unaffordability and lack of financing are expected to persist in spite of the various measures introduced by the Government to stimulate the property market.

Owing to the persistently high number of COVID-19 incidents, the Malaysian government reinstated Movement Control Order (“MCO”) in January 2021, which has slowed the resumption of economic activities and disrupted the property market recovery. Although the MCO’s impact is anticipated to be less severe than the previous, it could put pressure on the economy and real estate markets, which were previously on the mend. In view of the COVID-19 pandemic and ongoing geopolitical uncertainties, the global business climate remains challenging.

To mitigate the impact of the slowdown of the economy, the Government has taken various measures to stimulate the property market. Firstly, the Government has reintroduced the Home Ownership Campaign (“HOC”), which was a success when it was first introduced in 2019. Under the HOC, stamp duty exemption will be given on the instruments of transfer on the first RM1 million of the residential property value. There will also be a 100% stamp duty exemption on the loan agreement. In addition, gains arising from the disposal of residential properties by Malaysian citizens between 1 June 2020 and 31 December 2021 will be exempted from real property gains tax, which will help to stimulate the sub-sale housing market. The Group is optimistic that such measures would help to stimulate the Malaysian property market.

The Group is optimistic that the Government's concerted efforts, combined with the historically low interest rate environment, will continue to fuel the property market's growth. Nonetheless, the Group will maintain its prudent management strategy in the coming quarters to ensure a satisfactory performance while consolidating its market position and refining its competitive edge in order to seize any opportunities that will arise as the situation improves. The Group will continue leveraging on digital solutions such as online marketing and sales campaigns to broaden its reach to potential customers. Further, the Group will be ready with precise and selective new launches plans in 2021, coupled with various cost efficiency measures.

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=213678&name=EA_FR_ATTACHMENTS

Performance Review

For the current quarter under review

The Group recorded revenue of RM207 million for the current quarter ended 31 December 2020, compared to RM83 million in the corresponding quarter of the preceding year, representing a 249% increase in revenue. The increase was mainly due to higher sales conversion and construction progress pursuant to the delivery of vacant possession for Casa Bluebell @ Cybersouth and Casa Wood @ Cybersouth during the current quarter under review.

Expenses recorded for the current quarter under review is at RM42 million which is consistent with the corresponding quarter of the preceding year. Of the RM42 million, interest expense for the advances from the ultimate holding company was RM9 million. Excluding interest expense, the other expenses would be at RM34 million as compared to RM28 million for the corresponding quarter of the preceding year. This is resultant of the variable expenses as a factor of activity level during the quarter.

Consequently, the Group recorded profit after tax of RM29 million for the current quarter under review as compared to a loss after tax of RM0.7 million for the corresponding quarter of the preceding year.

For the current year

The Group recorded revenue of RM462 million for the financial year ended 31 December 2020. The Group’s gross profit margin is at 34% which is mainly driven by the Market Homes project at the Lakefront @ Cyberjaya development.

The Group launched Casa Bayu @ Cybersouth during the year which has since achieved sales of 57% as at 31 December 2020. Further, the Group also successfully handed over vacant possession for Phase 2 of the Lakefront Residence and Lakefront PR1MA Homes located at the Lakefront @ Cyberjaya development which comprised of 606 and 1,932 units of condominium, respectively. The Group also handed over vacant possession for Casa Bluebell and Casa Wood located at Cybersouth development which comprised of 264 and 251 units, respectively.

Expenses recorded for the year was RM134 million, out of which RM35 million were for the interest charged on the advances from its ultimate holding company. In addition, the Group recognised impairment of RM14m for the Group’s investment properties, equipment and other assets pursuant to the weak market sentiment following the COVID-19 pandemic.

Consequently, the Group recorded profit after tax of RM10 million for the financial year ended 31 December 2020.

The effective tax rate is at 71% mainly due to a lower tax base arising from the recognition of impairment for the Group’s investment properties and equipment. It also includes tax provision owing to the tax deductibility of the interest expense at the holding company under the Earnings Stripping Rules.

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=213678&name=EA_FR_ATTACHMENTS

MCT to launch seven projects with RM2.2bil GDV

https://www.thestar.com.my/business/business-news/2021/01/05/mct-to-launch-seven-projects-with-rm22bil-gdv

Edge Weekly
Cover Story 2: Building a strong cash buffer in a pandemic

https://www.theedgemarkets.com/article/cover-story-2-building-strong-cash-buffer-pandemic

It is currently washed all ikan bilis trader . Most probably will touched 0.265. After all ikan bilis cleared it will fly back to the moon. The uptrend momentum just started in Mac 21. Should not end too soon

MCT currently making 2nd HL & maintain above EMA20. Should bounce back tomorrow or next week. Currently no bad catalyst for MCT, if anyone have any catalyst / rumors kindly share it here with everyone thanks

IKANKERAPU i see the last fibonacci 0.5 half retracement support is 0.11

It just breaked out sideways consolidation on 30 Mac 21. The effect of turn to black QR also just started on 29 Mac 21. Should not end too soon. Now just 1 week after these momentum. At least the uptrend momentum should last couple of weeks before continue sideways or downtrend

Chart still uptrend maintain above EMA20 & 50. Line chart clearly show HH HL , currently it making 2nd HL. Hopefully next week or next 2 week it will bounce to make new HH

Corporation ownership 70% . They controlled the price not going up so fast ?

Klse average price target 0.45 ? Is it latest ?

i stuck at 0.15 can somebody help me ?

Sorry wrong info. Mother share is actually all-time high

Warrant close price line make NIKE just do-it tick line. Meanwhile mother share is a multi-year high since 2011. Hopefully Monday & Tuesday will keep the momentum strong

Waiting answer for UMA Query. Hopefully a booster catalyst

All bilis washed-out. Now flyyyyyyyyyy to the moon

Come on Friday's Rules !!!!!

@Luckybull ussually that's is a sign ...............

@williamtkb G3 is a downtrend stock, Macpie is a uptrend stock . It's a different stories

KKK KYY KKH KLK KWSP all K Brothers

Come on KKK @ Koo Ken Kiet Olympic Stars !!!

There are no better stocks than Macpie on today most active volume. Come on guys ! Come on jerung !

They got answer for the previous UMA. What should be this time answer ? Hmmm .......

https://www.theedgemarkets.com/article/macpie-says-exploring-fundraising-exercise-response-uma-query

Macpie to buy 35% stake in Techninier for RM90 mil - February 02, 2021 22:02 pm

“With this acquisition, Macpie will be able to launch more e-sports tournaments and digital events more frequently,”

Citing data from e-sports analytics provider, Newzoo, Macpie said Malaysia has 20.1 million gamers and spent US$673 million (RM2.7 billion) on gaming items in 2019.

https://www.theedgemarkets.com/article/macpie-buy-35-stake-techninier-rm90-mil

The strong resistance 0.145 have been tested many times in August last year. But still failed to BO. Check out the daily chart. Can it closed above 0.145 this week or tomorrow ? Please vote yes

This JADI weekly candle is making cup & handle pattern since August 2014. Strong resistance at 0.145 since Nov 2011. Can it closed above 0.145 this week ? Can someone help goreng this JADI ?

Got late buyers at 0.135. Tomorrow 0.315 ? LOL

JADIIIIIIIIIIIIIIIIIIIII !!!!!!!!!!

Line chart break 0.21 resistance. Can tomorrow fly ? WARNING: This is question not a buy call

Why QR not out yet ? Good QR or Bad QR ???

XOX is related with Celcom Axiata right ? They are 5g leader