But frankly speaking, Hiap Huat is really not a good company.

Venfx, than mean you earn 68%, superb result.

In this game, I was ranked at 189, with 13% return. In my real life, my portfolio return is 17.8%.

In this competition, more than 70ppl achieve 30% return on their portfolio.
I want to ask these 70 ppl, in your real life portfolio, did you really earn more than 30%?

siewann19, to answer your question, you must study the entire JV project between Digistar, Kumpulan Melaka Berhad and Pembinaan Sujaman.
Last time I spend many months to understand the cost structure between 3 of them, so it is very difficult for me to explain here.
Let make a deal, once Digistar hit RM0.30 sen, then I will spend 1 whole day to explain the cost structure here.

Yup, RM1.2mil net profit per month, 1 quarter for RM3.6mil.

Same concept apply here, a lot of people think Digistar has Liability RM280mil, but actually Digistar only share 40% of the RM280mil, you see the point?

Hi Siewann19, let me explain here:-

Under Financial Reporting Standard, normally a company can only consolidate its subsidiary account if it hold more than 50% of the share of the subsidiary. Consolidate mean all the revenue and expenses will be group under its holding company account for reporting purpose.

If less than 50%, then only can classified as Associate. For Associates, you are not allow to consolidate its revenue, you can only reflect your sharing of its net profit / net losses in your account.

For example:-

Scenario 1:-
Company A hold 60% of company B.
Let say company A revenue is RM100mil, and company B revenue is RM50mil.
When company present its financial report, company A will report total RM150mil as its revenue, because company B is its subsidiary, so company A will consolidate its revenue.

Scenario 2:
Company A hold 40% of company C.
Let say company A revenue is RM100mil,net profit is RM10mil, while company C revenue is RM50mil, and its net profit is RM5mil.
When company present its financial report, company A will report total revenue of RM100mil, and net profit of RM12mil (RM10mil + 40% of RM5mil).


For Digistar, although Digistar only hold 40% of Indera Persada, but Digistar has the main control power in the Board of Director of Indera Persada, that why Digistar are allowed to consolidated Indera Persada revenue into its financial account.

If you need more information why Digistar can consolidate Indera Persada account, you might need to read the quarter report or annual report, I remember I have read it before, but I forgot where I save it in my computer.

Haha Venfx, I'm like Forest Gump, when I do one thing, I will dumb dumb do it until it success.
Last time I study my CFA course, I keep take the exam until I passed Level 2. But then I stop, because I set my target to passed Level 2 only, so I have no intention to continue Level 3. Haha

Most Importantly, currently in I3, I'm the only promote this stock.
If one day Boneschythe or Icon8888 or KIM or Khokho888 or KYY or OTB or Yistock or Harry or Kcchong or Duitkwsp.... or anyone else wrote an comprehesive article to promote it, then you got no chance to buy d.

So, please on board before they start cover this counter. Especially Bonescythe, he is a stock god, once he cover it, you only can buy Digistar at 40sen level.

Sure can reach 30 cents.. This wave is come step by step...
Seriously speaking, now in the Bursa, you can't find any undervalue stock like Digistar d..
1) Digistar have stable recurring income of RM3mil per month. This income will continue for 15 years, where total amount will be RM504mil.
2) Digistar have stable hotel business income, their hotel is located beside Dataran Pahlawan, and Melaka Tourism business is booming, it hotel weekend occuppied rate is 90%, while weekday is around 50-60%. Digistar plan to restructure it swimming pool area, make it become a big ballroom, so can cater for weekday corporate function or weekend wedding dinner.
3) Current it has RM60mil on hand, and it will received another RM66mil lump sum payment from government before July.
4) Digistar is currently tendering two big project.
5) Digistar has bought a piece of land in Melaka Cheng, and Digistar plan to proposed to Government to build another building for government under concession concept (similar to the existing JKR project).
6) Digistar Central Monitoring System are working closely with TMNET, CELCOM, and PDRM. They always join PDRM to have roadshow at many taman-taman.
7) The have recently appoint a new chairman, this new chairman is very powerful person, he is the director for Prolintas. Prolintas is the holding company for few highway, such as LKSA, SUKE, DASH, AKLEK highway...etc.

Shall I add on? Erm... The chart very nice, very tempted.. But this counter already take up 30% of my portfolio, it is against my golden rule to explosure too much in a single stock... But the chart really very nice, it will break up anytime, just like Dnex yesterday.

Double up in one month...

I heard someone mentioned that MITI will extend the safeguard for another 180 days.

lol, small wave is good, it come step by step, very safe, and it continue for many times.
If big wave, it only come once in a blue moon, and it very dangerous, it push you to the high sky, and let you fall down on next day.

Yup, coming very soon d... Those who trust please patiently wait, those not trust can jump ship now..

另外，政府资讯服务和工程合约也是立艺企业增加收入的来源之一，目前该公司正在竞标1亿2000万令吉谘询服务合约以及5亿令吉建筑合约。

FYI, Datuk Wira recently very active appear in Putrajaya area... Hope he can bring some good new to us soon.

sure can one, depends on whether they want to push or not.
if want to push, 20 million volume can push to 30 sen d.
If donwan to push, 120 million volume also cannot push up 0.5 sen.
U see what I mean or not?

Digistar has been consolidated at 20 sen level for two weeks.
Previously it was at 16sen level.
This is a very good sign, and probably it will surge to next level on this coming week.
Looking forward for 23-25 sen level.

http://sharesinfo4u.com/archives/41375

Anyone subscribe to Shareinfo4u, may I know the above article is refer to which counter.

For me, Digistar is similar to the above counter, but Digistar is even better, Digistar have total RM540million in next 15 years, while the above only have RM500mil in next 21 years.

Why so optimistic on DNEX, maybe Government will give everything to MyEG?

Digistar left one very important elements to become a good counter, that is Dividend.
Once company start to declare dividend (i.e. 1 sen), then it can attract many people to invest in this counter d.
Digistar have approximately 600mil share, if declare 1 sen, then it only need RM6 million, it is very comfortable level as company received Rm3mil steady income per month.

If declare 2 sen, then Digistar pasti tuju langit!!!!

Uncle told me, the best stock to invest is those stock that making loss for few year, and will turn profit in coming years.

The reason of making loss in past few years must be due to company is making something to generate income for future. For example, company replanting palm oil, company construct new factory / new warehouse / new production line / power plant, and once all these project is done, you will see that expenses drop substantially and revenue start to flow in, and it is the time company start to enjoy profit.

He said many investor don't like company that having loss, especially company have having loss for few years, they don't even bother look at its account, they don't even bother to study the company to understand why it make loss. So this type of company share price is normally at the bottom line, once it start make profit for consecutive quarter, investor will come back, and they will study the company, and they will see the company potential.

So, as long as we have holding power, we understand the company business, we believe the company can turnaround, then we should patiently collect the share and wait for it to perform.

For me, Digistar fullfill this criteria, many ppl look at its losses, look at its huge debts, then they give up this counter.

They don't understand why it make losses, they don't understand the huge debts is use for what purpose.

Last time I knew one uncle hold 10,000,000 unit of a penny stock.. (around 22 sen)
Then the stock everyday climb up, the Uncle too excited until sleepless.
The share price finally go up to above 60 sen.. and uncle made few million from it.
For every 1 sen jump in price, his net worth is increased by RM100,000.
He told me he never made so much money in his life, his career or his business.

Lets hope our Digistar will surge up to that kind of level, then all of us here will be huat ah..

Digistar tuju langit !!!!

0.215
0.235
0.255
0.275
0.295
0.315
0.335
0.355
0.375
0.395
0.415
0.435
0.455
0.475
0.495

Everybody Huat Ar!!!!

Tongherr give 20 cents dividend, why Chinwell can follow Tongherr?

Connect go up not because Chang Choong Ming, connect go up because of Ace Credit Sdn Bhd.. This Ace Credit group very powerful one, I knew someone from this group. Recently Ace Credit has emerged as substantial shareholder for SYCAL, seems like something brewing there.

Put on your seat bell, very soon Digistar will shoot up, I heard the wave is coming closer and closer.

Last time we buy share, if 1-2 month can up 5% we are very happy d.. But nowadays, people buy share this morning, and expect it go up immediately, if didn't go up by end of the day, they feel like they are being cheated, and they think this counter is not a good counter, they forgot what are the reason they bought it this morning.

Because Election is coming soon, so MITI must do something to make sure all rakyat is happy.

If I am MITI, after received so many protest from the Association, I will reduce the safeguard duty, at least to show them we have consider their situation and take action to solve it.

So it is a win win situation, at least I can tell the association I have do something for them, and I can also didn't stop the cash flow for the government, and steel marker can continue operate, no worker being lay off....

Now is the time to play safe... Let assume MITI really take away the safeguard duty, who will be the one most vulnerable?

1) LIONIND
2) MASTEEL
3) SSTEEL
4) ANNJOO

So, now is time to look at your portfolio, if you have too much exposure on LIONIND, then better swittch some to Annjoo or SSteel, at least when the safeguard remove, it wont drop too much, or if safeguard remain, it will go up also (as they are still the Top 1 & Top 2)

apini, great that now you think Digistar a good buy.

Good comments, GHL will lose.

why limit up, because got chi pet?

Now market cap only 128 million, still got big upside...
Target is 400 million market cap.

I knew.. the next will be Digistar.. because it combine of DIGITAL + STAR.
hahaha...

BUT THE PROBLEM IS, GHLSYS already trading at 40x PE.
Its share price already take into account it cooperation with Alibaba.
The market cap is already RM753 million.. and it only generate less than 20mil profit per year.

Good sharing, Mr Pauper.

If Lionind can hit RM2.50, then Annjoo will be RM5.00, SSTEEL will be RM3.50, and KLCI will be 2500...

Come on guys, mytrade2u is a failed platform la.
Your hardly see anyone use it.
Even Maybank itself also stop promote this platform.

the wave will arrive in 2 weeks time.

Buy Buy Buy, you will not regret!
Another wave is coming soon, i heard the sound from far east d..

bluefun 的投资理念(bluefun's investing philosophy)



1. 良好基本面的公司 (good fundamental)
- Digistar has good business (i.e. Concession business, CMS business) and good asset (i.e. Prime land in Melaka, Hotel Property). If you look at its inventory, you will realised that it has almost 60million worth of hotel property categorised under its inventory. I ask Datuk Lee before, have the company plan to sell it? Datuk said, company have decided to hold it, so that company has more bargaining power when they want to make some changes on the Hotel. For example, recently Digistar has proposed to all the individual holder to allow the company to convert the swimming pool area into Ball Room, so that it can attract more customer or corporate customer.


2. 稳定成长/赚钱的公司 (growth/profitable company)
- With the 15 years concession, Digistar will definitely profitable for the next 15 years.

3. 发放稳定的股息 (growth/steady dividend declaration)
- Digistar will start paying dividend after July 2017. Why after July 2017??? Because last time when they issue the bond, one of the criteria is Digistar can only pay dividend after 1 year the project completed.

4. 未来计划正面 (positive growth/good future prospect)
- Digistar is currently bidding on some Government project, and it has high probability to secure the project.

5. 手握多现金 (> cash on hand)
- Digistar currently has RM60million ++ on hand, and it will soon received another RM66 million lump sum payment from the Government, being payment for supply and installation of equipment for the JKR building.


6. 良好的现金流 (> free cash flow/good cash flow)
- With the concession business on hand, Digistar will received RM3 million per month from the Government


7. 少债务 (< debt/borrowings)
- Digistar has high debt, but this debt is incurred for the concession business, and the concession business is generate more cash flow for the company, so it's debt is healthy debt.

Probability, SSTEEL sure will up, but not now.
Now market sentiment focus on penny stock first, after goreng finish, market will focus on good fundamental stock like SSTEEL again.
I expect the attention will back to SSTEEL on second half of April, 2 weeks before the announcement of QR.

My calculation shows this quarter SSTEEL should made around RM45-60 mil net profit.

I see a big wave coming soon, this wave will push all of us to the next high level, RM0.25

Cold Eye always said, when you buy a stock, you must ask yourself:-

Is this company profitable?
Have it made profit in the past?
Will it make profit in the future?

Answer:-
The company used to be profitable, but after it start its hotel development and JKR concession project, it become loss, because it has to incurred the bond interest during the construction period. This company will made profit in future, because the concession project has been done, and it start to received the monthly fixed payment from the Government, and it hotel business start to generate profit. Furthermore, it investment on the CMS project has start to bear fruit, as there are more n more customer subscribe for this services.

Very good article, we need more people like felicity to guide us and analyse the truth for us.

http://klse.i3investor.com/blogs/sinchew_company_story/118623.jsp

立艺企业寄望今年透过与虚拟网络营运（VNO）、酒店营运、政府特许营运以及电子保安监控系统等业务，增加更多经常性收入。
立艺企业（DIGISTA，0029，主板科技组）寄望今年透过与虚拟网络营运（VNO）、酒店营运、政府特许营运以及电子保安监控系统等业务，增加更多经常性收入。

该公司董事经理拿督威拉李华中在股东大会后接受《投资致富》专访时表示，公司下个月将和大型电讯商签署一项VNO协议，提供预付或后付电讯服务，但公司会提供更多附加价值予消费者，如：保安和视频配套等优惠。

“我们下个月将会和大型通讯商合作，正式建立伙伴关系。公司一开始会在20个城市进行推广，放眼5年内用户增至100万名。我们的VNO和一般公司不一样的是：立艺企业会为客户带来更多附加价值，包括保安服务和视频内容等。”

推PANTHER移动保安

在李华中告知即将引进新合作伙伴不久后，立艺企业上周三就与美国React Mobile以及天地通（Celcom）签署伙伴协议，推出PANTHER移动保安系统服务。

PANTHER是该公司911中央监控系统（CMS）的进化版，为各阶层人士提供价格大众化以及移动式（On-The-GO）服务。在推出市面之前，该公司前后耗时3年研发该系统。PANTHER目前拥有约6000名住宅和商业建筑客户。

天地通也因为立艺企业提供了如：保安服务的附加价值，而与该公司签下机器对机器（M2M）伙伴协议，使该公司成为天地通预付和后付配套的官方代理。

除了新的VNO业务，该公司之前推出的电子保安业务也正努力推广中。该公司设立的保安服务内容包括：物业电子监控服务以及个人安全服务两种不同配套。

李华中说，“公司的电子保安系统提供24小时监控和联系服务。透过网络监控已安装保安摄像镜头的物业，当发现可疑人物时，公司将会以声音警告，若无效公司将协助通知该地区最近的警察局，请他们协助。”

“至于个人服务配套方面，公司会提供一个按钮以及在客户电话中安装警戒程式，若客户按了紧急按钮后没有回应，公司会联络客户的紧急联络人或报警。”

电子保安和监控服务业务预料每个月为公司带来80万至100万令吉的收入。

另外，公司亦为商场、酒店提供资讯系统设备，目前客户都集中在柔佛市场。但公司近期也与吉隆坡的客户洽谈相关电子谘询服务，正在竞标9000万令吉左右的合约。

自去年9月起，该公司透过私人主动融资（PFI）在亚罗牙也承建2亿4000万令吉的大马国民科技辉煌中心（JKR）发展计划已完成，每个月会有约302万令吉租金。但在承建该项目的同时，公司也背负了庞大债务。

JKR收入减债务压力

为了承建该项目，立艺企业在2011年发行了高达2亿8000万令吉的债券，这也是该公司最大财务压力来源，若纳入该笔债券计算，该公司的负债比高达3倍。不过，李华中表示，随着马六甲JKR竣工，该公司收入开始稳定，该笔资金流入将会大大减轻公司债务压力。

考虑派股息

李华中解释，该笔每月250万令吉的租金目前存在信托户头当中，必须等待该公司完成JKR合约一年后才能收取，也就是落在今年7月。届时该公司将获得约2500万令吉的收入，偿债覆盖率（DSCR）将降低至1.5倍。

他说，“收到了该笔现金，公司会考虑派发股息。”

竞标6.2亿谘询服务与建筑合约

另外，政府资讯服务和工程合约也是立艺企业增加收入的来源之一，目前该公司正在竞标1亿2000万令吉谘询服务合约以及5亿令吉建筑合约。

谈及工程业务，李华中表示，该公司在马六甲有一块大约11英亩的地皮，位于市中心地段，该公司有意再向政府建议进行私人主动融资（PFI）计划，再度为政府承建大楼，并同时在该地段发展综合产业项目，目前该地段发展总值为3亿令吉左右。

冀甲酒店营收翻倍

至于酒店业务部份，其马六甲The Heritage四星级酒店去年的营业额就高达820万令吉，公司放眼今年营业额翻倍，预测今年每月获利会有50万至100万令吉左右。

李华中表示，The Heritage位于市中心，基于马六甲是一个旅游城市，该酒店吸引大批游客不成问题。

过去几年来，因沉重债券利息压力，立艺科技获利表现平平，该公司截至2016年12月31日止第一季净利也按年走跌32.52%至150万1000令吉。不过值得留意的是，若纳入了该公司非控股权益，其税前获利却是上扬191%至432万5000令吉。

13 Mar 2017 - 14 million
14 Mar 2017 - 57 million
15 Mar 2017 - 115 million
16 Mar 2017 - 29 million
17 Mar 2017 - 23 million

Total volume for last week = 238 million
Total Digistar Share = 599 million

Conclusion:-
Something big brewing.