https://themalaysianreserve.com/2019/09/23/housing-loans-hit-rm11b-for-1st-time-since-2014/

https://www.theedgemarkets.com/article/ta-securities-upgrades-property-sector-overweight

With the OPR dropping to 2.75%, BCB will be able to reduce the interest expenses on its own bank borrowings while it should be able to sell & clear more of its unsold completed properties since more buyers will find it more affordable on monthly loan installment with the lower interest rates...

https://klse.i3investor.com/blogs/stock_pick_2020/2020-01-04-story-h1482032737-Stock_Pick_Year_2020_by_The_Star.jsp

Going forward, Carimin’s earnings momentum is expected to be underpinned by two main factors. Firstly, we expect high levels of maintenance works for the HUC and TMM segments in 2020.

Secondly, Carimin’s venture into sub-sea activities is expected to contribute positively as it commands higher margins compared with its existing MCM business. To recap, Carimin ventured into the sub-sea segment with the acquisition of a 60% stake in Subnautica Sdn Bhd in March 2019.

(Subnautica has been licensed by Petronas to undertake subsea underwater inspections, repair as well as maintenance (“IRM”) works and services. These services typically encompass platform and pipeline inspection, structural integrity as well as debris clearance activities.

Subnautica has been awarded a contract for the provision of a Dynamic Positioning 2 (“DP2”) diving support vessel that includes an inspection class remotely operated vehicle (“ROV”) with competent personnel. Through this acquisition, Carimin was able to immediately provide
subsea IRM capabilities, thus benefiting from the contract secured. The medium-term to post-2020 demand outlook remains favourable for Carimin’s new subsea business as Petronas in its execution of scheduled underwater services programme supports the use of locally owned assets.)

It has a strong balance sheet with a net cash (including short-term investments) position of RM106mil (equivalent to about 37% of its market cap) as of end-September 2019.

Carimin’s resilient balance sheet has enabled the company to weather the recent oil and gas industry downturn without the need for an equity call.

Valuation-wise, Carimin trades at a price earnings ratio of 8x for FY20, which is at a discount to its peers and the market.

Its hotel should have had good business for last two months being the peak season. The soon to be announced quarterly result should be very good again

It will be fairly probable for it's EPS to hit 9 or even 10 sen for the current financial year. So it's pretty possible for its share price to hit 76 sen or higher.

Annualized EPS is likely going to be 20 sen or higher for FY2020.

https://klse.i3investor.com/servlets/stk/fin/7250.jsp

Its quarterly profit has been on the uptrend y-o-y for the past 5 quarters.....NTA @ RM1.56

If the company can maintain the significant big jump in its quarterly revenue seen in the last two quarters for the remaining current financial year, then its share price may be able to climb above the RM2 mark in the next 8 months. Let's first see its next quarterly result by end of February.

https://www.theedgemarkets.com/article/ksls-cash-pile-rises-higher-profit-sorry-no-dividend

https://www.thestar.com.my/lifestyle/travel/2019/10/25/new-prestige-hotel-penang

The 162-room luxury hotel owned by the company should be worth a lot of millions ringgit.

Many of its properties have not been revalued since 2007. Hence the company is definitely well undervalued.

Annualized EPS is likely going to be 20 sen or higher for FY2020. Be forward looking

https://www.orientaldaily.com.my/news/business/2019/12/16/319079

Substantial improved quarterly profits will start soon as being derived from its 96% sold Phase 1 of Pavilion Embassy in the next 8 quarters....this can be deduced from its annual report (page 19)

https://www.malaysiastock.biz/GetReport.aspx?file=AR/2019/7/31/1147%20...

Still very undervalued in terms of both PE, and NTA of RM1.15

The Company had on 26 November 2019 entered into a strategic collaboration agreement with a wholly owned subsidiary of China Railway Group Limited (“CREC”), to establish a broad-based multi-angle and nonexclusive collaboration and strategic cooperation arrangement in relation to construction, development, infrastructure, airport and seaport and other development activities in Malaysia and in the Asia Pacific Region (“Collaboration”) upon such terms and subject to such conditions as may be mutually agreed upon by the parties (“Strategic Collaboration Agreement”).

The CREC Group has built more than 2/3 of China’s national railway network, 90% of China’s electrified railways, 1/8 of the national expressways and 3/5 of the urban rail transit system. Currently, the CREC Group has achieved world advanced level in bridge construction and holds a leading position in tunnel and subway construction in China and represents the highest technical standard in China’s railway electrification.

So, will Ekovest get a major contract of the ECRL mega project?

Q3 result of 2019 may be much lower than Q3 result of 2018 as the previous year's Q3 car sales was very much boosted & bumped up by the tax holiday then. Hence, don't know if the share price would drop again soon after this coming Q3 result announcement.....

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=206484&name=EA_FR_ATTACHMENTS

Barring any unforeseen circumstances, the Directors remain optimistic with the Group’s
prospects for next financial year, based on the positive developments of the Company specific
in PTD 2018

Year on Year (“YoY”), its gross profit in FY 30/6/2019 improved by 19.14% from the previous year, from RM124.58 million within a 12-month period of FY2018 to RM148.43 million in FY30/6/2019. Profit Before Tax (“PBT”) surged 407.77% to RM41.84 million in FY2019, compared to RM8.24 million in a 12-month period of FY2018.

As at June 2019, SESB has an order book of approximately USD272 million and has a prospective tender pipeline of an estimated value of USD172 million which are tenders that it is participating in globally. The Company is constantly looking at avenues to capture these opportunities including the prospect of partnering with technology or financially stable partners.

Extract from its Annual Report

The company had RM68 mil as of 30/6/19 based on its quarterly report. Its cash flow position may not be as bad as it's being perceived now. The share price may rebound sharply once there is more clarity on how its bonds can be repaid.

https://www.theedgemarkets.com/article/malaysia-wants-wealthy-hong-kong-mainland-china-investors-absorb-us89b-residential-property

https://www.theedgemarkets.com/article/malaysia-wants-wealthy-hong-kong-mainland-china-investors-absorb-us89b-residential-property

It's a matter of time for its existing on going projects to show much improved earnings to help propel its share price to a much higher level. It may take another few months or quarters.

https://www.thestar.com.my/metro/metro-news/2019/10/23/property-fair-seeing-good-sales#cxrecs_s

RM39 mil sales for City of Dreams was generated within 4 days from the property fair.

https://www.theedgemarkets.com/article/ocr-179-plan-launch-kuantans-tallest-development-rm268m-gdv-1h20

The group saw 85% of its affordable homes under the first phase of its RM166 mil PRIYA Scheme Kuantan project taken up, reflecting strong demand for affordable housing.

https://www.thestar.com.my/business/business-news/2019/10/21/ocr-to-launch-rm268mil-gdv-vertex-kuantan-project-in-1h20

https://www.thestar.com.my/business/business-news/2019/10/21/ocr-to-launch-rm268mil-gdv-vertex-kuantan-project-in-1h20

https://www.theedgemarkets.com/article/ta-securities-upgrades-property...

https://www.theedgemarkets.com/article/technology-consumer-and-propert...

https://www.theedgemarkets.com/article/ta-securities-upgrades-property...

https://www.theedgemarkets.com/article/technology-consumer-and-propert...

https://www.theedgemarkets.com/article/ta-securities-upgrades-property-sector-overweight

https://www.theedgemarkets.com/article/technology-consumer-and-property-clear-winners-budget-2020-says-kenanga-ib

https://www.ocrbhd.com/property_projects/

Its RM240mil Isola @ KLCC project will contribute significant profit growth for the company in the next two years given its 80% locked-in sales.

https://klse.i3investor.com/blogs/hleresearch/226772.jsp

Maintain BUY, TP: RM1.58. Maintain BUY rating with unchanged TP of RM1.58. TP is pegged to 8x FY19 earnings. We like Kimlun for its execution capability and undemanding valuations. The stock is trading at 6.3x PE multiple on FY19 earnings, represents -1.6SD below 5 years historical average.

Trop will reap substantial benefits from the 2020 Budget:

https://www.thestar.com.my/news/nation/2019/10/11/budget-2020-rm600k-t...

http://www.edgeprop.my/content/1597826/penang-condos-priced-rm500000-r...

Ewein will reap substantial benefits from the 2020 Budget

https://www.thestar.com.my/news/nation/2019/10/11/budget-2020-rm600k-threshold-for-foreigners-to-purchase-urban-high-rise-properties

http://www.edgeprop.my/content/1597826/penang-condos-priced-rm500000-rm600000-may-rise-lower-foreign-buying-threshold?utm_source=newsletter&utm_medium=email&utm_campaign=E-News%20Alert%20Budget&mc_cid=b3d04bb33e&mc_eid=48cdac274a

https://www.thestar.com.my/news/nation/2019/10/11/budget-2020-rm600k-threshold-for-foreigners-to-purchase-urban-high-rise-properties

Phases 1 & 2 of City of Dream will be fully sold soon with the above relaxation....... RM1 TP　for Ewein will be on the way before CNY 2020.

https://malaysiastock.biz/Company-Announcement.aspx?id=1166366

First half FY2019 has already achieved EPS of 10 sen. Full year => 20 sen ? !!

https://www.thestar.com.my/news/nation/2019/09/11/zuraida-mulls-selling-rm100bil-worth-of-unsold-high-end-property-to-china-hong-kong-buyers

The above proposition should bring substantial benefits to BCB's existing high end Hometrees and The Elysia Park Residence projects.

https://malaysiastock.biz/Company-Announcement.aspx?id=1163806

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=206645&name=EA_FR_ATTACHMENTS

Good 1Q result! EPS: 2.5 sen

Plenty of cash in hands: RM142mil

https://malaysiastock.biz/Company-Announcement.aspx?id=1167395

Very good full result !!! EPS: 9.76 sen

https://www.malaymail.com/news/malaysia/2019/08/25/chow-undersea-tunnel-feasibility-study-not-fully-completed/1784080

https://malaysiastock.biz/Company-Announcement.aspx?id=1166366

6 months EPS is already 10 sen. Good result as expected!

This is a very undervalued company with good growth potential for the next few years. Unfortunately most analysts still feel reluctant to upgrade the property sector or say something positive about the sector.... Nevertheless this could be a bottom fishing opportunity....

Ewein is expected to report very good profits for the next few quarters due to the good sales of City of Dreams and the advance stage of completion

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=195502&name=EA_DS_ATTACHMENTS

The proposed re-development of the Sri Damansara Club land is currently in progress. The Court Order to wind up Sri Damansara Club’s interest scheme was obtained in June 2019. The Club is expected to cease operation by the 4th quarter 2019. The preparation for submission of the development plans for a mixed high rise development project is underway. The estimated
GDV of the project is valued at RM2.0 billion

Aria Rimba, L&G’s 112-acre township at U10, Shah Alam, is a mixed-development project that consists of link houses, semidetached houses, serviced apartments and affordable houses under the Rumah Selangorku initiative. The project, with an estimated total gross development value (GDV) of RM1.1 billion, will be developed over five phases throughout the next six years. Earthworks for Aria Rimba has already commenced and the development is expected to be launched from early 2020 onwards.

For FY March 2020 financial year, the Group is well poised to take advantage of an upward trending market with its on-going projects in the Klang Valley, namely Damansara Seresta (GDV of RM480 million); Astoria Ampang Phase 1 (GDV of RM400 million); and Sena Parc Phase 1 (GDV of RM35 million). The Group also intends to launch its Shah Alam landed development project, Aria Rimba, (GDV of RM1.1 billion) in 2020.

Currently, the Group has about 500 acres of land bank for
development (including those under joint ventures). Notwithstanding
the challenges faced in the property sector, the Group would
continue its efforts to enhance our land bank via strategic tie ups
or joint ventures with land owners and/or through acquisition.
As at 31 March 2019, the Group had a healthy total unbilled
sale of approximately RM655.0 million from ongoing projects.

Pavilion Embassy, Kuala Lumpur
This development is sited on 5.75 acres of prime
freehold land along Jalan Ampang, Kuala Lumpur. It is an
integrated development which entails a premium collection
of corporate suites, service suites and private residences. It
is strategically located within the upscale enclave of Kuala
Lumpur City Centre, just 1.2 kilometers away from the iconic
Petronas Twin Tower and is situated right in the heart of the
embassy row coveted for its prestigious international address.
The project with an estimated GDV of about RM1.0 billion, will
be developed in 2 phases, with Phase 1 comprising 3 blocks
of corporate and service suites and Phase 2 with 2 blocks
of private residences. Phase 1 was launched in September
2017 and achieved a healthy take up rate of 96% to date. The
construction of substructure works at site was completed
while the main building works are in progress as scheduled.
Meanwhile, Phase 2 was later launched in February 2019 and
received an encouraging response.

Villa Heights – Phase 2
This is a continuation of its Villa Heights development which
is an exclusive guarded and gated residential project built on
the elevated grounds in the pristine area of Taman Equine.
Phase 2 which consists of 46 units of semi-detached
houses and 1 unit of bungalow was launched in May 2018
and achieved take up rate of 85% as of to date. Overall
construction work progress has reached approximately 70%
completion.

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=195491&name=EA_DS_ATTACHMENTS

https://www.thesundaily.my/business/malaysian-property-market-bottoming-out-says-knight-frank-FY1144979

https://malaysiastock.biz/Company-Announcement.aspx?id=1160559

Free bonus warrants are coming soon...............waiting for EX-date.....

https://www.thestar.com.my/metro/metro-news/2019/07/23/optimistic-outlook-at-property-fair/#cxrecs_s

RM15 mil worth of COD condo sold. More to come given its nearing completion stage...

https://www.thestar.com.my/business/business-news/2019/07/04/china-factor-missing-from-bursa-malaysia/