High chance that WINTONI tomorrow will break 0.10..

When invested in hidden gems stock like DIGISTA, patient is the key.

As long as the fundamental is good, the company is growing, the project is on track, your confidence should not be affected by the stock price.

Hi richman, the premium for Able-wa is very high. Maybe you should look at DIGISTA-WA. The current price is only RM0.195, Mother Price is RM0.305, and exercise price is only RM0.13.

If you take RM0.305 - RM0.13, the value for Digista-WA is RM0.175. You only pay extra RM0.02 to enjoy the time of approximate 2.5 years (it only expired on Year 2017).

Beside that, Digista has successfully turnaround, their first property project worth RM150mil, will be completed by end of this year. Beside that, they also get awarded the Government Construction project of RM250mil on last year September. This two project will get Digista busy until year 2016.

Lastly, please look at the balance sheet of Digista, Digista has approx RM250mil cash in their account, and this RM250mil was actually a bond issue by Digista, and guarantee by UOB Bank.

If you are familiar with banking operation, you should know Singapore Bank - UOB Bank are very careful when they provide any guarantee to bond. RM250mil is a very huge amount for a small company like Digista, and UOB willing to provide gurantee on the bond, this proof that UOB are very confidence in Digista's future development plan.

Frankly speaking, GSB GROUP is much better than this ABLEGROUP. At least GSB has already launched its project, and GSB got few pieces of land for further development.

My advise is:-

1) For those who already hold AbleGroup, tomorrow morning is the time to sell.
2) For those who interested with AbleGroup, please wait until next week only buy (I'm quite sure you can pick some cheap stock during T-4).

Hi andychucky28, beside the hotel property in Melaka, Digistar still got:-

1) RM250mil Alor Gajah JKR Training Centre construction project;

2) Pinewood Studio project;

3) Panther 911 - The MLM model are still in the midst of planning. Once it is ready, the Panther911 will sell like a hot cake (just like the COway water filter machine).

4) Police or Sabah CCTV project (coming soon)

5) DTTB project - Digistar used to be the company who help Astro to convert from Analog to Digital Transmission. Currently, Digistar is tendering for the contract from Puncak Semangat.

I'm currently studying the financial report of Digista, from Q1-Q3 of 2014.

This exercise might take me few days, or even weeks, once it completed, I will post it here.

Please stay tune.

Final count down...

Revenue > RM25 mil (50%)
Revenue < RM20 mil (30%)
Revenue < RM15 mil (15%)
Revenue < RM10 mil (5%)

Net profit > RM2 mil (30%)
Net profit < RM2 mil (50%)
Net profit < RM1 mil (15%)
Net profit < RM 0 (5%)

Seems like quite a lot of people kena trap, me too!

I'm sure a lot of people heard about this quote "Don't put all your eggs in one basket".
For many people, this quote is for risk management.
But for me, this quote is for expectation management.

If you invest all your money into one stock, and you expect the stock will be raise. Then you will feel sad or down if the stock go down.

But if you invest in few stocks, you spread your expectation into many stocks. Sometime this one disappointed, sometime that one give you surprise, this week this counter drop, next week that counter raise.

So you life will be more balance, and your emotion will be more stable.

Tomorrow limit down??

Don't worry, market is irrational, good news doesn't mean it will up, bad news also doesn;t mean it will drop.

You see, SAMUDRA post very good result, EPS per quarter is 36sen, I expect it will limit up today, like what happened last time on GPHAROS, but share price still stagnant at 52sen.

So same applied to GPHAROS, don;t worry, price will be stagnant, it wont limit down.

Market is irrational.. Some stupid company with low NTA, loss making and high debt, people just continue to chase chase chase... For some company with high NTA, high cash reserve, cash value higher than market capital, no one chase...

Tomorrow limit up.

Now this company has more than RM 100mil cash.

If company use this to buy back it own share, then potential two limit up.

I saw their project - Taman Ehsan Jaya (Klang) project is almost completed. All the house has been done, now they are buidling the guard house, gate, road and longkang.

Everytime when I looked at this, my confidence is back.

If a company is not good, the director won't collect the share from public.


6:17PM DIGISTA Mejar (K) Datuk Wira Lee Wah Chong (300,000 units Acquired)
6:29PM DIGISTA Mejar (K) Datuk Wira Lee Wah Chong (100,000 units Acquired)
6:30PM DIGISTA Mejar (K) Datuk Wira Lee Wah Chong (403,400 units Acquired)
6:49PM DIGISTA Mejar (K) Datuk Wira Lee Wah Chong (1,350,000 units Acquired)
6:49PM DIGISTA Mejar (K) Datuk Wira Lee Wah Chong (1,035,800 units Acquired)
6:16PM DIGISTA Mejar (K) Datuk Wira Lee Wah Chong (85,000 units Acquired)
5:31PM DIGISTA Mejar (K) Datuk Wira Lee Wah Chong (500,400 units Acquired)
5:21PM DIGISTA Mejar (K) Datuk Wira Lee Wah Chong (359,700 units Acquired)
5:47PM DIGISTA Mejar (K) Datuk Wira Lee Wah Chong (1,421,300 units Acquired)
6:53PM DIGISTA Mejar (K) Datuk Wira Lee Wah Chong (297,500 units Acquired)
6:30PM DIGISTA Mejar (K) Datuk Wira Lee Wah Chong (166,900 units Acquired)
5:50PM DIGISTA Mejar (K) Datuk Wira Lee Wah Chong (1,488,200 units Acquired)
6:00PM DIGISTA Mejar (K) Datuk Wira Lee Wah Chong (500,000 units Acquired)
5:24PM DIGISTA Mejar (K) Datuk Wira Lee Wah Chong (1,287,200 units Acquired)
5:48PM DIGISTA Mejar (K) Datuk Wira Lee Wah Chong (817,600 units Acquired)
5:25PM DIGISTA Mejar (K) Datuk Wira Lee Wah Chong (200,000 units Acquired)
5:31PM DIGISTA Mejar (K) Datuk Wira Lee Wah Chong (1,360,400 units Transacted)
5:20PM DIGISTA Mejar (K) Datuk Wira Lee Wah Chong (1,180,000 units Acquired)

Cavin, may I know is Berjaya Enviro-KUB is hold by BJCORP, or it is privately hold Vincent Tan?

Sunny, Thanks for your comments..

Need help... Volume up + price drop + quarterly report release soon = ?????

Does it means the quarter result is not good, and those insiders (director, director relative, accountant, auditor, auditor's frens) start throwing their share first?

Or this is a trick to shake the confidence level of the investor, so some investor might throw some share first (either take profit or cut loss), and those insider can collect more at lower price.

Quarter report expected loss making... it is expected, so when you see loss, please do not panic.
Because many cost has been incurred on May and June, before they launch the G-residence on July.

But next quarter result should be very good, due to the great sales on G-Residence, and the one-off revaluation gain on property.

If we referring to Q1 and Q2 revenue, you can see there is an significant increase in the revenue.

Q1 revenue was RM8 mil++
Q2 revenue was RM19 mil++

As per Q2 financial report, it mentioned that the heritage melaka project was at 45% completion status. So now for Q3 (as at 30 June 2014), I believe at least another 15%-20% works has been done during that quarter.

Let takes 15%, 15% of RM150 mil was RM22mil. Since the project only sold out 70%, so we only take RM22mil x 70% = RM15mil.

Just from the property development sector alone, it has already contribute RM15mil revenue.
If I assume other sector (system intergration + trading) contribute another RM10mil, the Q3 result will have at least RM25 mil revenue.

With RM25mil revenue, I believe Digistar can have at least RM3mil net profit.

Ya... the result will be released in anytime within this weeks.

My pocket fully loaded with Digista-wa. Not for contra, I'm solid investor, i bought share with real cash.

Hi all, to view the latest status of the Melaka - Imperial Heritage Condotel progress, you can visit their official facebook page - "The Heritage Melaka".

They have recently uploaded few photos of the latest progress of the Condotel.

They have also hired a Mak Salleh to become the General Manager for the hotel management business. This Mak Salleh has vast management experience for boutique hotel (Thailand, China, Netherlands....)

There is a good article that published in The Star in few months ago.

There are few points that you should take note:-

1) Potential CCTV project in Sabah East Coast

2) Dato Wira confidence that Digistar can be a Top 100 company in terms of market Capitalisation

3) The Heritage Melaka Service Apartment has been sold out 70%, and the GDV of the entire project is RM150mil

4) The Heritage Hotel will be opening by end of this year, that mean starting in Year 2014, Digistar will have new stream of recurring income.

5) The profit margin for National Advance Technology Centre will be at least double digits (i.e. 15% of RM250mil)






Digistar CEO upbeat about turnaround plan!!


In addition, the police force is also looking at the installation of closed-circuit television (CCTV) cameras at resorts and islands off Sabah’s east coast.

Last week, the police was reported to have asked Digistar to send them a proposal on installing the ‘Panther 911’ security system in Sabah.

The Inspector-General of Police Tan Sri Khalid Abu Bakar said to have the system linked directly to police stations would help security forces respond faster.

Khalid said the Eastern Sabah Security Command (Esscom) was planning to place security teams at 11 private resorts and islands that were the furthest away from Semporna and Lahad Datu. This was in light of recent killing and kidnapping events highlighted in the news.

If successful in this tie-up with the police, it would be Digistar’s first collaboration with the public sector for its CMS business. Right now, its target is on the mass market and commercial buildings.

Entering the Sabah market would not come as a surprise as Lee has always wanted to expand into Sabah and Sarawak.

That would be the second phase of Digistar’s security system business and the company estimates another RM5mil of investments for the expansion in the next two years. However, Lee notes that there needs to be better Internet connectivity in order for Internet-based surveillance systems to thrive in the country.

Digistar has a few competitors in the local CMS space.

But it seeks to differentiate itself by the attractive features of its system.

Digistar’s Panther 911 CMS system offers 24-hour monitoring services via an internet protocol-based platform. It can switch to run on 3G, 4G and LTE networks during power disruptions.

Banking on property sector

Lee says the company has plans to be among the top 100 companies in Malaysia in terms of market capitalisation in the next five years.

To do that, Lee says the company needs to further expand its property business. For Lee, property is Digistar’s next phase of growth as he opined that the growth trajectory for an ICT company has its boundaries.

“We are still focused on our ICT business but to achieve bigger goals, we will expand our property division,” he says. “We are looking for pockets of land around the Klang Valley now for small scale projects.”

Digistar already has a serviced apartment project in Malacca called The Heritage, with a gross development value of RM150mil. It is already 70% sold and is targeted to be opened this November.

Lee says the company intends to rent out the remaining 30% of apartments for recurring income.

“We plan to rent out like a hotel.

“The project will be a ‘condotel’, a combination of condominium and hotel,” he says.

Digistar is already speaking to hospitality partners to rope in for the management of the hotel component at The Heritage.

The company has also a 15-year concession for the construction and asset management of the Malaysian National Technology Advancement Centre in Alor Gajah, Malacca.

The project is a tie-up with the Works Ministry for the minstry to carry out training programmes for engineers and architects.

Its concession consists of RM174mil for the construction of facilities and infrastructure, and RM66mil for the provision of ICT and lab equipment.

Lee says the margins for this project would likely be in the double-digit range as well.

Digistar is also in talks to develop its telecommunications segment as it owns three individual licenses from the Malaysian Communications and Multimedia Commission to provide network and facilities services for five years.

Lee says discussions are on-going and declined to reveal any details.

All these efforts, says Lee, are aimed at steering the company back into profitability.

For the 2013 financial year (FY13), Digistar made a net loss of RM11mil compared to a profit of RM6mil in FY12.

The company had said that the loss was due to a higher operating cost, commencement of projects where revenue was yet to be recognised as well as the business expansion for its CMS and telecommunications divisions. Lee reckons that Digistar’s CMS as well as other initivatives would help turnaround the company and generate long-term recurring income.

Welcome Calvintan.. Now we have more n more value investor studying Digistar.
Please go to study Digistar financial report from 2011-2014, see how this brilliant star fall from the sky on 2012, and how it will rise again in 2014.

Also, check how much revenue from property development has been recognize as at last quarter, n how much balance will be reflected in coming quarter..

Also, study how Menang benefited from government concession project.

ngyl, sure I will continue to buy... Quarter result release next week.

JayC, the edge was outdated... The exercise price has been adjusted to 0.13 since last year. You can go to check the announcement made on last year.

But it is a good news for us, because many people are not aware of this.

Hi jypc2006, beside the Net asset of 39 cents, you also got the most valuable asset of Jobstreet, which is Mr. Chang Mun Kee.

If let say Mr. Chang Mun Kee suddenly propose he want to venture into new business, or new mobile apps, or co-operate with Alibaba...etc.. Then the share price will shoot up again.

Don't forget SAB is well connect with Paramount!

kltan, yup, minimum 20 cents.. and probably more. because the confidence is back.

aatzer, SAB call for a EGM, to revise the M&A.. Do you think SAB will announced that they will venture into property development project?

As per Dato's statement on May 2014, all the commercial retail unit have been fully sold out, and the service apartment unit was 70% sold out. I think the balance 30% are bumi-lot, so it is quite common for the industry. Dato said that they might not intend to sell the balance unit, as the whole building will be used to operate as a hotel, so he is comfortable to retain the balance unit, as this can generate higher recurring income for the company.

My RM30k cheque haven't due yet, few more days to go..

Btw, Mr/Ms Unique, I'm fully agreed with your comments.

Let wait for the quarter result, as well as wait for the RM200 million DTTB sub-contract award.

Hi all, kindly note that Digistar's 1st property project in Melaka has reached 90% completion.

Now they are painting the wall of the building, and it targeted to be 100% completed on November 2014.

I been to Melaka to visit that property before, it is located exactly beside the Dataran Pahlawan. From the lobby of the service apartment, you need to walk 50 steps, then you reach Dataran Pahlawan.

I still remember last time when Digistar first annouce this project, I looked at the small piece of land, and wondering how can they build a high rise building in this small piece of land. But now, the beautiful service apartment is stand in front of me, and it really look very nice (that why they change the name from "The heritage" to "Imperial Heritage:).

aatzer, thank for your comment. However, I don't really agreed with Chabalang's comment, if we refer to the financial report, it did mentioned that:-

A11. Changes in Composition of the Group

There were no change in the composition of the Group during the current quarter under
review and financial year-to-date other that those disclosed as follow:
The company had on 25 March 2014 subscribed 136,900,000 new ordinary shares of
RM1.00 each in Pembinaan Gejati Sdn Bhd (“PGSB”), an indirect 100% owned
subsidiary for a total consideration of RM136,900,000.00 which was settled via
combination of cash consideration and intercompany set-offs. With the completion of
the subscription of new shares, PGSB is now a direct 99% owned subsidiary of SAB
whereas the new paid up capital of PGSB is RM137,000.00.00 comprising 137,000,000
ordinary shares of RM1.00 each.

it did mentioned that it is settled via combination of cash consideration and intercompany set-offs.

Initially, Pembinaan Gejati is an 100% owned subsidiary of SAB Property Development Co Sdn Bhd (SPDC), and SPDC is a 100% owned subsidiary of SAB.

Pembinaan Gejati is just a small company with 100,000 paid up capital.

Subsequently, Pembinaan Gejati issue 136,900,000 new share directly to SAB. To subscribe for this new share, SAB has to inject RM136,900,000 cash into Pembinaan Gejati.

So now, Pembinaan become a direct subsidiary of SAB (99%), and balance of 1% is owned b SPDC.

I'm not a corporate finance expert, can anyone tell me why Pembinaan Gejati want to issue 136,900,000 directly to SAB? What is the purpose of enlarge it paid up capital?

Appreciate if we can have more expert come to contribute their opinion.

Alpha Trader, very good analysis.. Can you give a look to TADMAX, this company is quite similar to SAMUDRA, as it has dispose a piece of land to 1MDB, and the disposal should register an one-off gain of RM few hundred million.. This could double the the stock price.

If not mistaken, the projected RM60 million net profit is derive after deducting the land cost (which is the profit sharing with land owner).

Please correct me if I'm wrong.

ngyl, I think Dato Wira saw my post last night. That why this morning he immediately push the price up. I think at the time when my cheque is due, Digista-wa already hit 29 sen....

I hope Digista-WA can stable at 21sen for the next two week. I'm waiting for a 30k post dated cheque to due, then I can collect another 150 lots. I hope I'm not too late. Dato, please wait for my me, Don't push the share first.

Would it be SAB land at kemuning?

Heard someone said SP Setia is negotiating a piece if land at Shah Alam... 600 acre ++ for RM1bil

Comet, I like your quote! "calm before the storm"

I noticed last year Wintoni has private placement quite a substantial amount of share @ 20sen and 14sen.

I mean normally those who purchase private placement must be some deep pocket investor, and they won't so stupid take 20 sen or 14 sen to but a company that current market price is lower than private placement price.

So, i believe this is CALM before the STORM.

Hi all, Dato acquired another 797,000 again!!!

5:50PM DIGISTA Mejar (K) Datuk Wira Lee Wah Chong (797,000 units Acquired)

Again, Dato Wira proof to us that he is very confidence with the coming quarter result.

Some people may think 797,000 unit is not a big amount, but would you try to take out RM243k from your own pocket to buy back your own company share from open market, if you do not have confidence on your own company.

GSB will become the next ESCERAM.

I used to own both counter at few years ago, and both counter are at the same price.

Now ESCERAM has surged to RM0.18, very soon ESCERAM will reach RM0.18 as well.

Actually, SAB seems like a good buy at any price below RM5.30.

Next soar should be able to reach RM6.50, and then consolidate and sustain at RM6.00.

It will never drop back below RM5 anymore.

Philip Capital target price is RM12++
Public Bank target price is RM9.90..
CIMB will start initial coverage soon..

I think, now the biggest problem is the dividend yield. This company have a lot of cash reserved, but seldom declare dividend. Even declare, it declare very little (5 sen).

Technically, it a company is making 30 sen EPS per year, and the company does not required a lot of cash for re-investment, it should declared at least 70% dividend to its shareholder.

If let said SAB willing to payout RM0.20 as a dividend, then i believe its share price will stable at RM6.00.

Anyway, I think SAB reserve the cash is for property development purpose (that why it injected RM130mil cash into this company).

JayC, the latest is by 29th August 2014, 3 more weeks to go.

If this quarter is not good, then next quarter will be very good (because all revenue n profit has been postpone to next quarter).

If next quarter not good again, then you should cut loss immediately, because it proof that this is a conman counter (because by next quarter, the Melaka property project should be completed, and all sales should be recognised in the book).

But anyway, I trust Dato Wira, i knew he has a bigger plan for Digistar.

bones, can check this Zahari background or not?

Whether he has sound technical background, or politic background, or he is the founder of handal, or he served at Petronas before..

If the result is he has nothing, then you must email to the IR of the company, and shoot him kaw kaw.

4u2c, please check this out.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1706377

Bones, your write up on Handal provide a good opportunity for the Malay Director to unload the share to all of us.

I hate this type of director, just know how to focus on short term profit.
When share go up, immediately clear his stock.

A good director should focus on running the company, secure more contract for the company, not sit in front of the computer and wait to right timing to unload share.

No wonder the company under-perform for so many year.

Probably in next AGM we should fire him

Actually WA is the best option.

WA exercise price is 13 sen, and current price is 20.5sen.

Currently mother is at 31sen. so the premium are only 2.5sen.

If mother go up to 42 sen, WA will be around 30 sen (as premium will be slowly reduce).


WB have longer time frame, but the exercise price are too high, 26sen.
At current price of 14.5 + 26 sen = 40.5sen, that mean the premium are 9.5sen.

For me, I will prefer WA.