KUALA LUMPUR, 28 February – UEM Edgenta Berhad (“UEM Edgenta” or the “Company”), the
region’s leading Asset Management and Infrastructure Solutions company, reported a higher net
profit of RM45.7 million for the financial year ended 31 December 2022 (“FY2022”), compared to
RM43.4 million in the previous year (“FY2021”) and for the Company to stay on course to declare
a higher single-tier interim dividend of 4 sen per ordinary share for FY2022, providing 4.2% dividend
yield to shareholders (against 27 Feb 2023 last traded share price) (FY2021:3 sen).

Like i said, fair value is higher than RM2

1 lot = 100 units = rm0.58*100 = rm58

actually its very simple, even assuming the current not optimum QR NP at 48m, we annualize it to get 200m p/a and apply 10x conservative PE to get 2b valuation, it should worth RM2.4/share

the results are okay, margin compression is seen at the healthcare segment

we are seeing more comments here lately, a good sign that people are paying attention to the company. disgruntled investors or not, its just a matter of time before the company finds back its footing

good opportunity to buy

dont mind the naysayers, company is still solid as heck
dont complain in the future when things normalize

PEG of 2.7x at historical growth rate of the past 3 years ?
do not think it is replicable again

what do you know about fair value ? implying the forward EPS to be less than 12cents ?

prices are not coming down anytime soon, did you guys look at the cashflows ?

@myinvestor how did you get that ?

no news on wanchain?

Jaya is obviously panicking

The Board of Directors of AWC is pleased to announce that a tender submitted by
the Facilities Division for the facilities management of Bangunan JB Sentral
("Housekeeping Services"), situated in Johor Bahru, has been accepted by Jabatan
Kerja Raya (“JKR”), the Government of Malaysia. The fee for the Housekeeping
Services is approximately RM35.1 million over the maintenance period of five (5)
years from 1 April 2019 till 31 March 2024.
Ambang Wira Sdn Bhd (“AWSB”), a wholly-owned subsidiary of AWC, a part of our
Facilities Division, has, on today’s date, accepted and returned the Government of
Malaysia’s SST dated 22 March 2019.
These terms are to be embodied in a formal contract to be executed between both
parties imminently. In the meantime, the tender submitted and the Letter for
Acceptance of Tender by the Government are binding on both parties.

Why do you bother about their cash usage ? look at their retained earnings. we are minority shareholders, dividend is what concerns us.

like how the previous share price had factored in the additional offtake before qr release, this qr will have normalized offtakes.

affect the margin ? you wot m8....

raider....you type too long lah..

thanks yap for the input. daily8 you need to do your own assessment and expect less spoonfeed

alot ppl talking about the glove business, while neglecting the up and coming contact lens business

alex no time for u loh...

damn son, the confirmation bias is real

baby come back

PUC aside, i must agree for asian businesses, the company is more than just a money vehicle. for asian, the company is a "home" for the family, something that is preserved for generations to come. this is very dissimilar to the american corporate culture that we read and watch else where.

yah...having a higher entry at "1mil over lot" automatically makes ur comments legit..ok..

on the loan provision business, can take a look at how RCE capital works, it provides loan via similar yayasan/koperasi to the gov staffs especially in the b40 group. average yield net around 6~7% after net of rce's funding cost of 5+%, which is a bit high compared to aeoncredit. gov staffs also has more default risk at rce ~4% NPL, though that is mitigated partly by direct salary defuction. generally ah long is a very good business, but PUC investors should be growth investors, not likely to be interested in ah long business.

however, is PUC really entering into the microloan business or is PUC just onto the backend system for the yayasan ?

because loan provision business is a very different business, i would like to know more about PUC's impending funding structure if this is true.

so fast this daily boy change attitude, u turn like our administration

this daily8 doesnt know what hes talking about

250/24.5 = 10.2x, still not 6.5x

PE is 9.43 based on rm250mil/26.5mil averaged profit guarantee

no doubt PW is a good company thriving in a performing industry
but why now ? PUC has got too many on its plates

min. profit guarantee at 25mil, how to pay extra 10mil ?
min. profit guarantee at 28mil, how to play extra 11.4mil ?

first tranche of cash is 9mil upon completion of ssa, then 35mil and 39.4mil upon fulfilment of respective profit guarantees, puc where got money ?

if PW is so good then why is CCC willing to share with the shareholders ?

he is obviously not, since you are replying him

cash pile is good, but what exactly is the growth story ?

i think the number dude fell in love with his QL, so happened that his pick prospered so he tried to reinforce his "belief" with more biases...its alright if your lucky pick is a winning stock

icon is a contrarian and a visionary, i am with you in this one

gone case counter, better find somewhere else to put ur money

cash is king ? look at their debts

you guys sure enjoy circle jerking each other here

not bad results

how are they linked ?

https://www.theedgemarkets.com/article/disney-fox-deny-claims-1-bln-malaysia-theme-park-lawsuit

netx is a terrible choice

nice writeup, clear and concise

tencent already. if not now then when?

the blog started really nicely but ended up with the writer promoting himself as a fund manager...apalah...working for which fund house ?

can share here ? company blocked blogspot.com