smallcap index rebound from -170 to -130.
big buaya use 1mdb issue to shake the smallcap market

Today Comfort correction very weird. Seems they want to force ppl to sell before pushing above 1.00.

SmallCap selldown. Syndicate planning to push CI cross 1,800p slowly.
CI has up 20 points compared to lowest in early Jul.

For FY16 & 17, share px hovering between 0.70-1.00 due to low quarterly rev between 52mil - 75mil.
in 1QFY18, rev hit 94mil and if investors forecast 2Q can hit at least the same no or more, then px will be push up above 1.10.

So now everyone is waiting for Harta, Kossan, Careplus & Top glove q result as a guildeline to judge Comfort performance...

TQ.

http://english.vietnamnet.vn/fms/science-it/182961/mobifone-voted-top-4g-service-provider.html

Mobifone is SEATH main customer and 2nd largest telco in Vietnam.

http://english.vietnamnet.vn/fms/science-it/182839/4g-forecast-to-boom-in-vietnam-this-year.html

Seems like Vietnam demand is very strong.

http://www.theedgemarkets.com/article/comfort-cck-jaycorp-johan-poh-huat-pwf-rexit-trc

PMA type of TA...

They are still buying today...

http://www.riverstone.com.my/investor-relations.html

reading pleasure

https://www.google.com/search?q=riverstone+share+price&oq=riverstone+share&aqs=chrome.0.69i59j69i57j0l4.6506j0j7&sourceid=chrome&ie=UTF-8

Riverstone share price.

Start rise in mid-Apr when market expect good result in CQ1 announced in early May.

CQ2 result out soon and share price started moving up since mud-Jul.

I categoried Comfort n Riverstone in same group based on their Rev/ TTL investment on machinery. Less money invested to produce highest revenue...

Ks5s DIY TA much better than normal standard TA that we always refer to. Good.

When big buaya manipulate the share price with certain vol, that means they directly manipulate TA as well. So when we see TA at selling down trend, somethimes it was actually manipulated by them.

zai zai, good move.

Another 50p for DJ to cross 22k...

in 2H17, best trading period is from Aug01 to Sep15 then run before Oct...

KYY was from engineering industry and he is very well verse in all engineering related business like construction, steel and certain commodity related activities. He knows all the ins and outs of the business....

So from here, we can judge what will be his next move when he start looking for high growth companies....

KYY is very smart multi-millionaire investor. Anyhow no matter how rich 1 person is, he is still facing fund limitation. So he has to pare down certain counters to hunt for higher return companies.

If he is really selling Hengyuan, then possible he is hunting something new.

And he will only publish his action when he has collected certain amount of companies shares like become SSH.

Big buaya cannot make money if they keep the buying trend like this.
Suspect big fund or investors like EPF or .... start looking at this counter.

if small amount of buyer and seller but keep pushing up the price with small vol, suspect co might have BI.

edotco private placement to KWAP is at PE close to 50

Like that good, then can sell at RM2 in 3 mths time.

Riverstone might announce q result this friday. stay tune

seems like some activities is going around recently...

When will Sat Star Biz going to have article on Comfort??

Ya, due to limited resources. Hope to focus on growth companies which can give me >100% return in 1 to 1.5 year... hehe.. very greedy

chl1989, very close to my est figure of 9mil. Y-Y >30% increase. Good.

I relook into SEATH which was originally owned by Vietnam Infra Ltd (60%) + CapAsia Tele Ltd (40%). Both are investment fund and seems like they are hiring 3rd party professional team to run the day to day business. Their FY 2015 result: Rev=US$12m, NProfit=US$1.8m (15%).

OCK bought over Vietnam Infra Ltd portion and since OCK is majority shareholder, and if they run the day-day business ( especially on site maintenance) instead of hiring 3rd party to run the show, can foresee they might be able to generate additional 5 to 8% top up in NProfit.

Which means if based on FY2015 figure, NP will be US$2.4m.

Possible??

I think selldown should be over. let c how it perform tomorrow..

http://www.mmtimes.com/index.php/special-features/227-it-telecommunications-2016/22461-telenor-on-a-building-spree.html


"Telenor Myanmar hopes to achieve its ambitious targets of having more than 7000 towers by the end of 2016 and
widening its coverage to more than 90 percent of the population before 2018.
According to a recent press statement, Telenor Myanmar has built 5800 towers and has 17 million customers here."


Seems like the latest batch of Telenor tower was built by OCK...

http://www.mmbiztoday.com/articles/telco-mytel-build-350-phone-towers-rakhine-eyes-statewide-rollout

For those who wanted to sell at 0.83, please sell. I want to buy....

haha, I hope so it can drop to 0.83 so that I can buy more...
But even I parked at 0.85 few days ago but it lowest was 0.855.

Additional 300 sites, if 1 site=US$80k, then will be US$24mil. Good

https://www.sc.com.my/prospectus-exposure-binasat-communications-berhad/

Some infor on Binasat

http://www.theedgemarkets.com/article/careplus-proposes-private-placement-raise-rm1885m-expansion

Purpose of PP is they need fresh fund for expansion which in short term will dilute EPS.

Normally when looking for PP, the company might have limited source to get more loan due to high loan rate. High loan will result in high finance cost ( which is interest rate) and it is eating up company profit unless their productivity increase which will offset the finance cost.

overall market val is back to above RM2b.
Foreign fund is slowly coming in and seem like this round they try to avoid some blue chip counters....

Today vol low but uptrend very solid. 0.865 & 0.870 level clear.
0.875 & 0.880 level almost clear...
If these 2 to 3 days can close above 0.920, then below 0.900 will be history....

For this type of counter, TA cannot trace the up and down.....

http://www.theedgemarkets.com/article/binasat-eyes-ace-listing-use-proceeds-expansion

Binasat - Ace listing

zoomboom, 3rd party link has been removed.

Any similarity between OCK & Binasat in terms of telco services??

sell down should be completed by now....

For those who hold the price at 0.870, can let me buy some at 0.850... Please...

http://klse.i3investor.com/servlets/forum/903698894.jsp

http://klse.i3investor.com/servlets/forum/903698894.jsp

sharing:

Jul7 to Jul13, EPF, KWAP & PNB are net buyers for blue chips....

Are they preparing for something??

After latex price, now look at average US$ vs RM

2016
CQ1 = 4.2156
CQ2 = 4.0133
CQ3 = 4.0517
CQ4 = 4.3247

2017
CQ1 = 4.4483
CQ2 = 4.3325
CQ3 = est 4.25 - 4.35....

http://www.sinchew.com.my/node/1662229/u-mobile%E7%B3%BB%E7%BB%9F%E5%8D%87%E7%BA%A7%EF%BC%8E%E9%83%A8%E4%BB%BD%E7%94%A8%E6%88%B7%E6%88%96%E9%9D%A2%E5%AF%B9%E6%9C%8D%E5%8A%A1%E4%B8%AD%E6%96%AD

U-mobile is OCK main customer.

In Vietnam. SEATH main tenants are MobiFone, VinaPhone & Gmobile.

If OCK is providing maintenance service to Viettel in Vietnam, then it will be bring positive impact to OCK Myanmar business.

http://www.enanyang.my/news/20170713/%E4%B9%9D%E6%88%90%E5%9B%BD%E4%BA%BA%E6%8B%A5%E6%9C%89%E6%89%8B%E6%9C%BAbr-%E7%BC%85%E7%94%B8%E7%94%B5%E4%BF%A1%E4%B8%9A%E5%8F%91%E5%B1%95%E8%BF%85%E7%8C%9B/