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2 days ago | Report Abuse
Sad to see Epicon being the most under-performing PLC that had finally exited its PN17 classification since May 2024......
2 days ago | Report Abuse
The following article will help explain why MSR has a very exciting future and will contribute very significantly to the profit growth of SEAL given its strong BESS capability and mushrooming of data centers in Malaysia. Moreover, the profit margin for BESS projects can be higher than 30%. MSR should be able to secure a few more BESS projects in the next 12 months, not to mention that it has yet to unveil more info on the development of its digital green park mentioned in its earlier announcement pertaining to the acquisition of additional 10% stake in MSR.
https://blog.se.com/datacenter/2024/05/08/get-up-to-speed-battery-storage-is-as-essential-for-data-centers-as-it-is-for-formula-one-cars/#:~:text=And%20should%20you%20need%20more,%2C%20cost%2C%20and%20sustainability%20benefits.
6 days ago | Report Abuse
Some investors tend to buy on rumours and sell on news.
Maybe not many people realize that the RM645m BESS project will be completed within a short period i.e. by 30 Jun 2025. The ability to complete such sizable project within tight timeframe will be a testament of the capability of MSR to secure more projects in the future and its vast growth potential.
We can also expect more good news from MSR since there is a profit guarantee element in the earlier share sale agreement between Seal and the vendors of MSR.
6 days ago | Report Abuse
Good news.
RM645m contract to be completed by 30 June 2025. Decent amount of profit can be recognized starting next quarter.
https://theedgemalaysia.com/node/726683
1 week ago | Report Abuse
https://theedgemalaysia.com/node/726447
Global funds rush into Malaysian, Southeast Asian stocks as Fed pivot play
1 week ago | Report Abuse
Sleepy Epicon has to learn something like Binastra....
https://klse.i3investor.com/web/blog/detail/ceomorningbrief/2024-09-10-story-h468352278-Binastra_Gets_RM574_Mil_Construction_Job_From_Exsim_Jalil
1 week ago | Report Abuse
https://klse.i3investor.com/web/blog/detail/ceomorningbrief/2024-09-05-story-h468232158-Ocean_Vantage_Sees_Sarawak_based_Companies_Emerge_as_Largest_Shareholder
The transacted price was 16.57%, or a 2.9 sen premium to the closing price of Ocean Vantage at 17.5 sen a share.
In other words, the new shareholders paid RM20m or 20.4 sen per share for the transaction.
Now, it is time to see what the new shareholders will do to add value to the company....
Obviously they would have to try their best to do so since they have paid a premium and invested RM20m in the company.
3 weeks ago | Report Abuse
Just hope that the company can secure a mega job like sub-contract work building a data center or a JV property development project with gross development value in excess of RM1 billion.
4 weeks ago | Report Abuse
“In addition to organic growth, we are also exploring strategic opportunities through mergers and acquisitions. I am pleased to share that we are in the advanced stage of negotiation for a deal that I believe would enhance our market position and provide new avenue for growth. Further details of the deal will be immediately announced to Bursa Malaysia upon the terms being finalised.”, as revealed by its CEO in the latest press release in conjunction with its latest less encouraging Q2 result.
4 weeks ago | Report Abuse
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3475217
Largest shareholder increasing his stake to almost 40%.
Good news coming?
1 month ago | Report Abuse
https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=149709&name=EA_GA_ATTACHMENTS
Good news.
Effectively the group is going into the development of a green digital park which will mean developing an industrial park for data centers and other green technology companies.
The green digital park will likely be the catalyst for the company to experience powerful growth in the next 3 years given that the mushrooming of data centers in Johor which is benefiting from its close proximity to Singapore which will also need to have more data centers to support and maintain its advanced economy state in the future.
1 month ago | Report Abuse
The jewel of the crown will likely be the green digital park that MSR is going to develop. Otherwise, where will the profit guarantee of RM21m in the share sale agreement come from?
1 month ago | Report Abuse
Just have to wait for another 2 weeks or so for its quarterly result to be announced. Let's see what will happen then.
1 month ago | Report Abuse
The share price has been stuck in the 32 to 34 sen range for 2 months already. Maybe it will be stuck here for another month before it moves either up or down again....
1 month ago | Report Abuse
The share price of Lagenda has been recovering very well these few days but Epicon is still kind of sleeping.....
2 months ago | Report Abuse
Epicon has become too stable that its share price gets stuck in the 32 to 34 sen range....
2 months ago | Report Abuse
https://cc-techgroup.com/data-center-corrosion/
https://www.ryerson.com/metal-resources/metal-market-intelligence/steel-drives-data-center-boom
TSA could have been under-appreciated as stainless steel is a major component for data centers which are going to be mushrooming soon in Malaysia.
2 months ago | Report Abuse
https://theedgemalaysia.com/node/714003
Epicon needs to secure a mega sub-contract job to enhance its profile.
2 months ago | Report Abuse
https://klse.i3investor.com/web/stock/overview/8583
Mah Sing has doubled since Jan 2024 and is trading at PE of 20.
Hopefully KPPROP can catch up.
2 months ago | Report Abuse
https://theedgemalaysia.com/node/717461
TSA may stand to be benefitted by the data centre boom...
2 months ago | Report Abuse
https://klse.i3investor.com/web/blog/detail/koonyewyinblog/2024-06-17-story-h-158930859-Property_Stocks_Comparison_Koon_Yew_Yin
A clear reflection of public confidence in the Management Team of the company?
Haha
2 months ago | Report Abuse
https://www.thestar.com.my/business/insight/2024/06/22/data-centres---beware-of-the-pitfalls
Plenty of opportunities for MSRGE.........
2024-06-20 13:35 | Report Abuse
It's a good sign to see the counter rising against the broader market which is down this morning
2024-06-15 21:48 | Report Abuse
https://klse.i3investor.com/web/blog/detail/savemalaysia/2024-01-19-story-h-190353387-Bursa_Securities_suspends_short_selling_in_SCIB_Jentayu_and_Tanco_as_sh
With weaker financials, Tanco's share price managed to recover fully within a month after it went limit down. So, hopefully Epicon's share price may also be able to recover fully within a month or two given its strong financials and sizable contracts in hand.
2024-06-14 12:59 | Report Abuse
The Company has already secured > RM900 mil worth of contracts in hand. It's now a matter of execution and completion of the contracts in hand. If the CEO is hardworking and pushy enough to achieve higher profit within shorter time frame, the share price may be doubled within 6 to 9 months.
2024-06-06 19:08 | Report Abuse
https://klse.i3investor.com/web/stock/holder/0277
Why they keep on selling?
2024-05-17 21:35 | Report Abuse
With RM979m order book or contracts in hand, of which some have two years tenure only to complete, its current FY ending Dec 2024 may likely see its annual turnover rise to between RM350m and RM450m. That will be a significant growth as compared to RM150m in FY2023.
2024-05-09 10:46 | Report Abuse
https://theedgemalaysia.com/node/710884
Embarrassing moment for the elder brother in Epicon who is obviously outperformed by the younger brother in Lagenda.
Epicon share price dropped upon PN17 declassification while Lagenda share price surged.
2024-05-03 09:22 | Report Abuse
Haha. The early approval to exit PN17 came as a surprise and unexpected for the company. Hence, no celebration party has been pre-arranged by the major shareholders??
Quite a shame too for the company as its share price has not performed but dropped with such a positive news. It's pretty abnormal. Many other counters performed better for such a positive news.
2024-04-11 12:02 | Report Abuse
There are simply too many sellers for the last one month. The plus side is that the whales are still collecting....Otherwise, the price would not have sustained thus far...
2024-04-08 19:43 | Report Abuse
The Board wishes to announce that the Proposed MSRGE Investment has been completed on 8 April 2024 in accordance with the terms and conditions of the Subscription Agreement.
Upon completion of the Proposed MSRGE Investment, MSRGE has become a 20%-owned associated company of Seal. The Proposed MSRGE Investment is expected to benefit the Group from the prospects, potentials, and growth of the renewable energy industry in Malaysia and contribute positively to the earnings of the Group in the future.
MSRGE is expected to undertake various EPCC works for solar and renewable energy segment. MSRGE is principally involved in the business of installation and servicing of solar PV system, renewable energy projects management, consultancy and construction, electrical works and any other ancillary business.
https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=146182&name=EA_GA_ATTACHMENTS
2024-04-05 17:27 | Report Abuse
https://theedgemalaysia.com/node/707155
Contractors should seize the opportunity to obtain various construction projects within the country worth approximately RM180 billion this year...
2024-03-30 19:55 | Report Abuse
The company submitted its application to Bursa on 6 Mar 2024 to request for upliftment of its PN17 classification. Hopefully, Bursa would announce its decision right after the company announcing its first quarterly earnings by 31 May 2024. Meanwhile, let's pray for more job orders being procured.
2024-03-26 09:23 | Report Abuse
Epicon could be the next Binastra in the making... as it is estimated that Epicon would have job orders worth close to RM1.4bil too upon the finalization of the detailed JV terms with Permodalan Negeri Selangor Berhad.
Epicon's current market capitalization is RM262m only while Binastra's market capitalization is RM760m with RM1.4bil job orders in hand.
https://theedgemalaysia.com/node/705889
https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=143196&name=EA_GA_ATTACHMENTS
The Gross Development Value of the proposed project could be at least RM563 mil as the selling price of the 2,252 units of Rumah Idaman MBI should start at RM250,000 per unit. So, this will likely translate into a potential job order of at least RM450m for Epicon upon finalization of the detailed terms & conditions for the project.
2024-03-21 21:37 | Report Abuse
The 30-month Contract is expected to contribute positively to the earnings of the Company for the financial years ending 31 December 2024 and onwards.
Upon the awarding of this new Contract, the Company's total outstanding order book has risen to RM929 million from the previously stated RM840 million in the announcement made on 18 March 2024.
2024-03-18 19:55 | Report Abuse
It has bagged another job order worth RM191 mil. Hopefully there's more to come before the declassification of PN17. That will help drive the share price to above RM1 upon declassification.
2024-03-15 10:54 | Report Abuse
Just wondering if all the sellers in the past one week are aware of the impending the exit of PN17 classification for Epicon in the near future.
2024-03-08 15:57 | Report Abuse
Hopefully research houses would start covering and promoting this counter once it has been granted approval to exit PN17 classification. It needs to go limit up in order to attract attention from research houses.
Exiting PN17 classification will enable it to get bank loans more easily to undertake more sizable jobs.
2024-03-07 20:29 | Report Abuse
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3428774
Good news!
Just sit tight and wait for the declassification of PN17.
2024-03-06 10:26 | Report Abuse
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3401142
Just for info, AAX was uplifted from PN17 without the need of implementing of a regularization plan....
https://theedgemalaysia.com/node/690869
2024-02-28 21:55 | Report Abuse
The Group is currently focusing on the Queensville Phase 2 construction project located in Bandar Sri Permaisuri, Kuala Lumpur (“Queensville”) and a property development project in Penang, Bayan Suites. Queensville with an estimated gross development value RM806 million comprises of 3 blocks of service apartments with a total of 972 units of service apartments and a shopping mall while Bayan Suites with an estimated gross development value of RM204 million comprises of 20 units of shop lots and 326 units of residential units. Queensville is expected to bring in revenue to the Group in the next quarter while Bayan Suites is expected to be launched in the 4th quarter of FY2024.
The Group will continue to explore other opportunities, such as venturing into renewable energy industries. The venturing into renewable energy by the Group
is expected to contribute positively to the Group’s earnings.
https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=227106&name=EA_FR_ATTACHMENTS
Stock: [OVH]: OCEAN VANTAGE HOLDINGS BERHAD
1 hour ago | Report Abuse
https://www.thestar.com.my/business/business-news/2024/09/20/bullish-outlook-for-bursa
US Fed's 50-bp rate cut seen unleashing funds into Malaysian assets
https://theedgemalaysia.com/node/727327