Pls make a call to ur bankers/remisers, there is a news looming in Engtex

Being RM1.55 (guaranteed return) + RM0.20 (catcha business)***

Dear methodmann,

My 2 cents opinion are as following:-

1) Agreed with Crecimiento, slim chance for it not being able to procure shareholders' approval.

2) it requires an EGM because its deemed a major disposal. Hence, an EGM is required. Can refer to the Announcement.

3) Agreed with Crecimiento, the downward pressure on icar's shares are mainly/presumably due to the market's concern on the disposal in "open market". However, the disposal by Rev may be implemented in tranches to interested parties if it wises to and if it does, it will give lesser impact on icar's share price.

4) Form the fundamental point of view, icar has not been profitable in the past (can see from the annual report of Rev). Hence, this disposal produces the opportunity for Rev to deconsolidate the losses from this associate comp from its P&L, Hence, giving more EPS to the company on profoma basis. Rev has an escrow agreement with icar shares which restricted itself to deal with icar shares until 11 September 2014. Hence, it proposes to dispose.

TP: RM 1.75

Being RM1.55 (guaranteed return) + RM0.30 (catcha business)

any1 has a view on the share price? tp?

http://announcements.bursamalaysia.com/EDMS/edmsweb.nsf/all/791F255A3231E33B48257D4D003D47B6/$File/Rev%20announcement_final.pdf

any1 monitored this big news?

Kanzaki80, what announcement?

when did RHB targeted it at 80sen?

tp 1 is rather hard la

Is there any specific TP for this stock?

I judged based on the total values of its secured projects. circa 500million. Since its market capitalisation is still below the total secured project values, i think it has potential for 0.75. Any advise?

what kind of crap counter is this! i locked myself at 0.115... fuck!

still can hold??? haiz

Ijm is a good subsidiary, the newly acquired company.

Lol.... 0.4? impossible ba~

any more hope? T.T

can this counter still stay strong? bought it at high price n i'm getting angry holding it ady!

cheeseburger,

write in to the management and say u have an "extraordinary size" and request them whether interested to develop a blueprint for it ot not. then perhaps you may request for the site visit... just a joke, take it easy~

my opinion is,

to those whom have bought, just hold.

to those whom wishes to buy, take caution.

I bought the LA at its peak today 1.44 T.T

Today has few large blocks selling on the second half.... fuckers!

Buy Buy Buy... remember, valuation should be on the new company and not the old infotech!

weechin53,

to target RM2 as its TP is not a greedy dream because valuation of narra should now more focus on the two soon-to-acquire companies that involves in cement and concrete products.

However, must be patient wait. see what happened to infotech. after successfully acquired a new and big company, its share price then soar nearly 50%

Jonny, the research report you posted is very vague.

"thus we peg our upside target at RM0.740, which is the previous 10-year high. "

THat sentence is very very vague, how can the price performance be pegged to that trend since the valuation now should be on IJM instead of the "old Infotech".

Also, pegging on 10-years high is a stupid valuation. how can it be so?

what happened?

i think closing for today shall be 1.63-1.64 ba~

the profit taking starts.... fuck ya

I think it is getting soften.

hope it broke 1.71 for today~

Thanks....

what is the 3rd resistance leverl? 1.74?

likely because of the failure to acquire those water assets by Selangor State.... further depressing the market on water stocks.

yeah... its is all dependent on Petronas. for example: Perisai, Bumi Armada, Pantech, Alam, Yinson & etc, these stocks have been moving slow since the silence of Petronas began in Q3 of the Year. O&G is richly valued stocks, but r getting slow...

Pantech is a good fundamental stock, but the roadblock ahead, lack of promotion in public media and the annoying exercise of ESOS are amongst others, the factors that capped its upside in terms of capital appreciation...

RHB is trying to cover their ass on the valuation.

they seems liking to the new qtr's result but was unwilling to put a higher tp on the S.P...

again, the fate rests in the hand of the directors.

enjoy~

Yistock where u going for holidays?

beings toys to the directors~

locked myself in 0.14 for the WB.... haiz

share buyback is not a sure uptrend. it serves as a comfort zone for traders as you may expect a small rebound in share price if it dropped to a critical level.

thanks alex~

its qtr is what i'm waiting for~

it needs another rumors to push it up. yes, it has appealing fundamentals, but not a favourite gem to investors.

nothing will happen. if it reaches 33.33% then will trigger a General Offer as he is, by then, deemed to have substantial control in the company.

does it necessary for the company to announce the drilling? it will only be media exposure instead of announcing in Bursa.

does that counts as oil exploration?

may i know what is the status of this counter? are they now seeking for oil fields?

in O&G, upstream is better or downstream is better?

when its rubicone and E3 secured good contracts

Yes u r right myky67. Until these two streams of income are running (FPSO is expected to be contributing by early next year whilst rubicone is still uncertain) with certainty, then re-rating is on the potential upside at 1.6-2.00.

not yet. it drags with time. you should apply a range of values.

could be~ ^.^ then u buy la~

unlikely, or mayb touch upside abit.

Again i reiterate, the downside risk of perisai lies on the rubicone. the rubicone ended its charter on september. I thinks its E3 also ended on september, x remember.

To date, the rubicone has yet to secure a long-term contract and the E3 also has yet to secure a firm contract (now on daily charter). Without these contracts, perisai's upside for now is limited as 60% of its earnings are contributed from the rubicone asset.

The Q3 EPS has rubicone's earnings, so not surprising to hv an improved EPS vis-a-vis the corresponding period. for now, its Q4 result could turn ugly.