https://theedgemalaysia.com/node/728130

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=151219&name=EA_GA_ATTACHMENTS

https://www.freemalaysiatoday.com/category/business/2024/09/25/blackrock-sees-growth-in-asia-infrastructure-to-support-ai-boom/

https://theedgemalaysia.com/node/728032

Asian stocks set to rise as dollar strengthens on yen

https://www.thestar.com.my/business/business-news/2024/09/26/ringgits-rise-is-good-news-for-the-fbm-klci

https://www.thestar.com.my/business/business-news/2024/07/24/moody039s-ratings-malaysia-to-benefit-from-data-centre-demand-spillover

Doesn't the company have to make some regular update on any further development on the following adverse matter, like PN17 classification? No update for such a long while.

https://klse.i3investor.com/web/blog/detail/ceomorningbrief/2024-05-30-story-h-160651756-Lagenda_Assures_It_39_s_Business_as_Usual_After_Senior_Personnel_Remand

https://theedgemalaysia.com/node/727794

https://theedgemalaysia.com/node/727794

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3485152

Let's wait for the CEO newly appointed by the new shareholders to add value or secure new projects for the company

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

https://theedgemalaysia.com/node/727327

https://theedgemalaysia.com/node/727210

Sad to see Epicon being the most under-performing PLC that had finally exited its PN17 classification since May 2024......

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.

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.

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

https://theedgemalaysia.com/content/advertise/data-centre-boom-is-a-vote-of-confidence-in-malaysia-digital-future

https://theedgemalaysia.com/node/726447

Global funds rush into Malaysian, Southeast Asian stocks as Fed pivot play

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

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.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3481679

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.

“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.

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?

https://www.youtube.com/watch?v=QsmSWnnDMvE&list=PLdgQGsi_TC8kaRYhU_uJVTK7xIP8OqMaX

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.

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?

Just have to wait for another 2 weeks or so for its quarterly result to be announced. Let's see what will happen then.

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....

The share price of Lagenda has been recovering very well these few days but Epicon is still kind of sleeping.....

Epicon has become too stable that its share price gets stuck in the 32 to 34 sen range....

https://theedgemalaysia.com/node/719187

https://theedgemalaysia.com/node/717406

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.

https://theedgemalaysia.com/node/714003
Epicon needs to secure a mega sub-contract job to enhance its profile.

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.

https://theedgemalaysia.com/node/717461

TSA may stand to be benefitted by the data centre boom...

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

https://klse.i3investor.com/web/blog/detail/ceomorningbrief/2024-06-27-story-h-158037963-Northern_Solar_Backed_by_Lagenda_Properties_Files_for_ACE_Market_IPO

https://www.thestar.com.my/business/insight/2024/06/22/data-centres---beware-of-the-pitfalls
Plenty of opportunities for MSRGE.........

It's a good sign to see the counter rising against the broader market which is down this morning

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.

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.

https://klse.i3investor.com/web/stock/holder/0277
Why they keep on selling?

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.

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.

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.

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...

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