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2020-12-04 09:25 | Report Abuse
Seem trap I also run 0.44 sell all.....
2020-12-03 19:07 | Report Abuse
IFCA wishes to inform that IFCA and Huawei Technologies (Malaysia) Sdn Bhd on 3 December 2020 entered into a Strategic Partnership Agreement (“Agreement”) to collaborate in the areas of Market Strategy, knowledge sharing and jointly develop software solutions for property technology (“PropTech”) industry. The joint developed solutions shall be embedded with Huawei’s smart and innovative technologies including but not limited to Cloud Computing, Artificial Intelligence (AI), Big Data, Internet of Things (iOT), Machine to Machine (M2M), facial and/or voice recognition. It is the intent of the Parties that the MOU shall no longer subsist.
IFCA wishes to highlight that the Agreement is now signed with Huawei Technologies (Malaysia) Sdn Bhd instead of with Huawei Services (Hong Kong) Co. Ltd. as mentioned in the MOU announcements previously.
2020-11-29 23:47 | Report Abuse
I believe gst will be coming back soon.... Just wait this week
2020-11-26 23:44 | Report Abuse
Yes gst gonna come back, myeg ifcamsc gogogo...
2020-11-03 19:15 | Report Abuse
The Board of Directors of the Company wishes to announce that the Company had on 3 November 2020 officially launched MySafeTravel, a digital health pass system for travellers aimed at making entry into Malaysia amidst the ongoing COVID-19 pandemic faster, simpler and safer.
2020-10-24 15:01 | Report Abuse
Another company that is considering to list its subsidiary is property developer Mah Sing Group Bhd, which recently announced that it was exploring the possibility of listing its manufacturing division separately from the group to further unlock its value, although the group did not divulge further information.
IT is interesting to observe the outcomes when a listed company embarks on a spin-off and list its subsidiary. Typically, a subsidiary is listed to unlock greater value.
In the case of Foundpac Group Bhd, the precision engineering services provider and laser stencil manufacturer is mulling the listing of its 75%-owned subsidiary Dynamic Stencil Sdn Bhd (DSSB).
DSSB’s primary business activity is the manufacture and sales of laser stencils.
Citing sources, Bloomberg said Sime Darby has held discussions with potential advisers for an IPO of Ramsay Sime Darby Health Care Sdn Bhd, with a listing on Bursa Malaysia to potentially happen as early as 2021.
Plans to list DSSB are still preliminary, as FoundPac clarified on Monday in a Bursa Malaysia filing.
It said it is “still exploring on the options available and has not set a specific time frame for the initial public offering (IPO) plan”.
“Although the IPO plan is likely to be on Ace Market if it is to be listed in Malaysia, FoundPac is still exploring other available options including listing on other stock exchanges which can offer DSSB a better valuation, ” it said. It is interesting to note that FoundPac recorded a net profit margin of 33.43% and a pre-tax profit margin of 41.7% for the financial year ended June 30,2020 (FY20).
Given FoundPac’s impressive profit margins – it had a low turnover of RM51.05mil and a net profit of RM17.07mil – the plans to list DSSB may be viewed as a move that will dilute the group’s earnings.
Noting that possible outcome, an industry observer explains that the benefits of listing a subsidiary outweighs the drawbacks.
“The listing of the subsidiary will give the company a better profile, making it easier for fundraising, if needed.
“It will also enable the subsidiary to embark on merger and acquisition activities for expansion and growth.
“Additionally, there will be a more accurate valuation ascribed to the company, particularly if the holding company has a greatly diversified portfolio of subsidiaries, ” he says.
While FoundPac may lose out in terms of earnings contribution from DSSB after the listing, it remains to be seen how the shareholding will be like when the potential IPO is structured.
Should FoundPac retain a significant equity in DSSB after the IPO, part of DSSB’s earnings will be reflected in FoundPac’s books.
Since its acquisition in November 2017, DSSB has reported a net profit of RM1.78mil in FY18, RM3.43mil in FY19 and RM4mil in FY20. DSSB’s business was affected by a supply chain disruption and movement control order (MCO) caught for about four months this year.
The prospects for FoundPac are riddled with many uncertainties from the impact of Covid-19 and its compounding effects on global and national rates of economic growth.
Despite the more challenging market outlook, the board of FoundPac remains cautiously optimistic about its prospect in the coming year.
“Our group will continue to uphold our core and long-term strategy to focus on business expansion and diversification, product development, as well as business process optimisation through lean implementation across all operations in the organisation, ” says FoundPac in its 2020 annual report.
As of Friday, FoundPac traded at a historical price-earnings multiple of 34.56 times.
Since hitting a low of 41 sen in March this year, FoundPac’s share price has surged 151% to RM1.03 at Friday’s close.
Another company that is considering to list its subsidiary is property developer Mah Sing Group Bhd, which recently announced that it was exploring the possibility of listing its manufacturing division separately from the group to further unlock its value, although the group did not divulge further information.
2020-09-28 16:29 | Report Abuse
Buy it before it too late don't wait....
2020-09-28 15:54 | Report Abuse
Myeg gogogo today can back 1.35 gogoo
2020-09-02 12:12 | Report Abuse
Iris start laosai already wallstreetrookie are you OK? Let me help you gogogo good funtamental...
2020-09-01 01:23 | Report Abuse
Wallstreetrookie gogogo iris gogog... Hahah
2020-09-01 01:21 | Report Abuse
Wallstreetrookie you are right, iris have a good funtamental yes will limit up soon. Wow iris PE 817.00 wi limit up soon fast goreng all in
2020-09-01 01:13 | Report Abuse
Lee9 dsonic boss always like to doing that and now seem political more advantage dsonic myeg... Let see what will happen.
2020-08-31 16:01 | Report Abuse
Wallstreetrookie you really good in make people happy, iris good funtamental yes tmr limit up iris gogogo... Let me help you gogogo hahahahahaha.
2020-08-31 15:51 | Report Abuse
Dsonic maybe tomorrow will drop abit, but limit down? Haha you better worry your iris seem QR really lose alot.
2020-08-31 10:02 | Report Abuse
Say already bossku and BN come back we shall see 3.0.
2020-08-30 14:27 | Report Abuse
Bossku and BN gonna be back. dsonic myeg rise back the 2.0. We shall see....
2020-08-29 08:15 | Report Abuse
Compare with iris dsonic consider good.
2020-08-28 12:51 | Report Abuse
Moneyfoo kell copy paste you commend lol.
2020-08-28 10:59 | Report Abuse
I still believe Datasonic will get the niis. Don't believe we shall see...
2020-08-28 09:38 | Report Abuse
Wallstreetrookie
Yes myeg good funtamental, but iris haha you gonna kidding me.
2020-08-27 17:48 | Report Abuse
Should be dsonic and myeg. Iris get niis? I don't think so.
2020-08-26 19:18 | Report Abuse
Dsonic secured RM270mil immigration project (one of 101 projects announced by Ministry of Finance today)
2020-08-25 10:02 | Report Abuse
No let then panic sell I can collect, just like previous.
2020-08-25 09:35 | Report Abuse
You check iris and myeg you will know this news it just help them sell q....
2020-08-25 09:28 | Report Abuse
When I buy 1.34 1.30 1.25, everyone give up already when rise keep chase high haha...
2020-08-25 09:27 | Report Abuse
1.36 buy abit, hehe now everyone focus myeg iris, this news already know, I still think dsonic can get it.
2020-08-24 14:20 | Report Abuse
ernest confirm myeg dsonic iris will get....
2020-08-19 15:25 | Report Abuse
I in 1.34 1.30 1.25 who still waiting 0.8? Wait next QR bonus issue you can get haha.
2020-08-19 15:18 | Report Abuse
要进去PETRONAS做 Director不容易。PETRONAS 是500强的公司之一。被委任进去petronas 的 都会是首相钦点的。所以讲如果是要靠关系拿Project的话 Dsonic也是有一手,如果说是要靠技术拿Project的话 Dsonic更胜一筹
那么巧今年年头他也加入dsonic,说跟niise 没关系 真的不信咯
2020-08-19 14:34 | Report Abuse
No more cheap price already big shark goreng already.
2020-08-19 12:22 | Report Abuse
Yes is time for rise, when banker keep enough push up up up.
2020-08-18 23:44 | Report Abuse
Monkeyfoo 无常说卖吗?那就应该买我每次都是这样赢钱的买买买。。。
2020-08-18 16:02 | Report Abuse
Suddenly got volume coming what happen...
2020-08-18 14:18 | Report Abuse
David master 无常有推荐这个吗?我怎么没有看到,我看他都是推荐仙股的。
2020-08-18 14:12 | Report Abuse
Yatcha they got announce what time get bonus?
2020-08-17 16:28 | Report Abuse
Yes David then please go goreng iris
Stock: [MYEG]: MY E.G. SERVICES BHD
2020-12-04 14:15 | Report Abuse
2.30 hoot 9 e limit up