Happy Chinese New Year.

now warrants premium is more than 100%

Warrants exercise price is RM0.30; 1:1 ratio; Expire in Aug 2021. Quite risky if Compulsory Plan delayed.

Of cos, mother share have no time limit and less risk for those want to hold shares

51 days

i calculated then only dare to hold 800,000+ penny stock units.

Of cos is different

Seehup - Construction Contract RM99m x 10%-15% = about RM10-15m profit recognise over construction period; working capital required for completion

Eden - Disposal of land RM100m (example only) x 66% profit margin = RM66m recognise one off; no working capital required for completion. Can cash out RM100m 100%.

Construction Contract GP Margin average 10-15%

Compulsory Acquisition Selling Price RM24 per sqft while book value only RM8, you can see the profit margin?

So BabyAce you are correct, 54 days

Seehup after awarded ECRL contract up from RM0.80 to now RM2.30

55 days

56 days

BabyAce, myself also holding 800,000+ units @ average 0.17+. Just wait for "East Wind".

57 days

Good buy. This price already stagnant quite some time.

Only detailed stations layout not able find out.

Ya, after did the public inspection at APAD office in KL. For the railway plan and station location.

1-2 months maximum will know d. Hope hit the jackpot.

Last round Compensation RM16.7m for 6.3892 hectare or 687.7k sqft. Converted to RM/sqft is about RM24 per sqft which is higher significantly than the book value. But still, the gem can be identified, but timing to realise is the non controllable part.

In fact, the book cost of this Kuantan Investment Properties Land 430acres is only about RM8-10/sqft after revaluation.

But the last round compulsory acquisition by government already RM20+- per sqft.

The most hidden gem of this Company is the ECRL potential acquisition. Super profit.

Ya, is under Investment Properties. They have if not mistaken is 400+ acres of Kuantan Gebeng Land.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3101489

Page 181 (Annual Report 2020 Part 2)

BabyAce, you can go see Line Investment Properties and also annual report behind list of properties. There are "Kuantan Land" under Eden Inc Berhad section. Hope this help you.

Mannchan, that one is railway portion. Still got KPC2 Station Land and previously mentioned maintenance depot base land.

NTA0.74 nothing to worry anyway. Only very depends on the further good news to be released out. I believe what the Chairman mentioned in the AGM, should not be cheating in front of all attendees. So just be patience and load the shares first before it move. I guess at least 50-100 acres land to be acquired under ECRL scheme. Possible near to current market cap of the Company d.

Trade at your own risk, i position my fund about 1 year already after public inspection of all those data related to compulsory land acquisition.

Based on past AGM Chairman Reply, Compulsory Acquisition of Balance ECRL Land for KPC2 Station will be expected to complete by First Q of 2021.

Soon gazette process will be announced. Hold tight the seat belt.

Need to get ready already!

Lee_M2020 be patience a bit, just around the corner. Wait also wait more than 9 months at least d just around the corner.

ECRL land acquisition is a confirmed case already and answered by Chairman in this past AGM.

Ensome88 where you get this vaccine news story?

Freight Station and possibly Depot

Yesterday contacted one of the AGM attendant. There is one shareholder asked the ECRL Gebeng Land matter. The chairman very firmly answer it expected to be completed by Q1 2021. Lets see.

Anyone attended AGM today?

Sudah box satu tahun, apa PM ni buat, haha.

Belum approve lagi, lagi ada 3rd Reading

See whether still got hope or not. The depot and maintenance base construction suppose on Jan 2021, but still no gazette and announcement for land acquisition.

Still in the box, one of the longest box ever

Dindin definitely have luck to become PM.

After yesterday Event, oppositions first time lower down their attitude to ask Dindin government to start talking with them. "Don't be afraid to us, we are open to discuss".

If all parties can sit down together to discuss, it is happier event than 509 change of government.

Tomorrow roughly will know how Anwar playing his cards d. He taken the most risky move now.

Next Tuesday is the key already.

No show temporarily.

Coma is the best description

Hi Trade533, it is an old story d. The report keep repeating and repeating and yet government not making any announcement.

Hopefully soon move when TSMY become UMNO President LOL

New main income stream is coming back soon.

All, take note the GST should be around the corner already.

Last time MYEG having the contract of Custom Tax Monitoring System RM180m

https://www.bharian.com.my/bisnes/korporat/2020/09/728904/mesiniaga-dapat-kontrak-mygst-rm4201-juta

Everyone still alive?