@commonsense: For those that invest in this company, what is the target PAT for FY 2019?
Valuation is super high at 100x PE based on 12m PAT of RM23.6mil.
Even if they double their profit (which i doubt), PE would still be 47x.

This is a more realistic outlook for this company:

"Bond redemption by SAP Express. GDEX’s subscription of convertible bonds worth IDR30b (or approximately RM10.4m) issued by SAP Express will be redeemed upon the listing of SAP Express in October 2018. As per the preliminary prospectus, SAP Express plans to utilise 61.5% of the IPO proceeds which equals to IDR67.2b (nominal value: IDR30b, redemption premium: IDR37.2b) to redeem the 5-year convertible bonds subscribed by GDEX in November 2016. While this indicates that GDEX will not be able to convert the bond into shares of SAP Express, management guided that both parties will work out another form of collaboration. Aside from Indonesia, GDEX is also looking at other ASEAN countries to expand such as Vietnam and Cambodia."

If it breaks 0.26 support, a lot of people gonna lose money

Heavily in oversold zone. Good to pick up to see if it retests the 345 ceiling

Amazing, still surviving.

Good results coming? It's long overdue.

Watch if the crossover happens at 44sen. If it does, momentum will take it higher

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5903161
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5902253


Good news!

What happened? Trading halt? Good news coming?

Matrix is selling its first-ever KL development. Saw the booth at Intermark Mall. Go check. This will mark its entry in KL. I spoke to one of the sales staff. Apparently they are aiming for blue-chip status on the stockmart.


"A blue-chip stock is the stock of a blue-chip company. If a stock is considered blue-chip, it is generally the market leader or one of the top performers in its sector.The market capitalization of a blue-chip company is usually in the billions of dollars. Typically, a blue-chip stock is a component of major stock market averages and indexes, such as the S&P 500 index in the United States. It can also be listed on other major indexes throughout the world.

Historically, blue-chip companies post steady earnings results. Blue-chip companies are generally considered to be safe investments because of their ability to generate profits even during an economic downturn. A blue chip is known to have a very stable growth rate, so it is considered to have less volatility than other companies that are not well-established. Generally, a blue-chip stock follows an index closely. For example, Apple was given blue-chip status in 2015, and it follows the S&P 500 and Nasdaq 100.

During recessionary periods, a blue-chip company is impervious to adverse economic conditions. For example, Coca Cola, a blue-chip company, may not suffer from a recession because it is a household name and many opt to drink its products, no matter what economic conditions are like."


Read more: What qualifies a company as blue chip? | Investopedia https://www.investopedia.com/ask/answers/031915/what-qualifies-company-blue-chip.asp#ixzz5Q00BBAGO
Follow us: Investopedia on Facebook

Results down again?

See? It's consolidating downwards to 0.25

Monitor Nasdaq. It goes up, tech goes up

what strong buy, volume so small. probably punters after quick gain. better wait at 0.24

Judging from the projects at hand ie orderbook, it's current price is undervalued. To get clear picture, look at the Edge a few days back on this stock.

When will results be out? Looks like it's days overdue

Got any inkling when results are out? Looks like bulls and bears are fighting at 44.5 and 45

Koon has been promoting this is his blog, giving you the pros and cons. you decide whether they are worthy of your money or attention. remember he also write at length of Hengyuan and a few others.

Share buyback at 1.13? Now something big is brewing. Otherwise would a company buy back its at rising prices determined by the market? This month alone, it has bought back no less than 30mil shares at rising prices. Anyone can guess why?

dead already. cut loss and moved on.

Long candle. Looks good for Thursday!

So much bought by EPF. Is somnething big coming to this stock??

http://malaysiastock.biz/Company-Announcement.aspx?id=1078893

http://malaysiastock.biz/Company-Announcement.aspx?id=1079177

http://malaysiastock.biz/Company-Announcement.aspx?id=1079698

http://malaysiastock.biz/Company-Announcement.aspx?id=1080002

http://malaysiastock.biz/Company-Announcement.aspx?id=1080284

http://klse.i3investor.com/servlets/stk/annchsh/5878.jsp

Crossover happening today. End of pennant to signal new high?

Technical Outlook

KPJ has been moving sideways for the past 5-6 years. If it can break above the red band between RM1.15-1.20, KPJ's uptrend will continue.

https://www.malaysiastock.biz/Blog/BlogArticle.aspx?tid=21642

Today's lack of interest is reflective of regional markets following Turkey's financial woes and there is lack of volume to read into any signs. Chart still looks good, so one can only assume that the bulls are taking a breather for another breakout tomorrow. It may retest the 1,18 mark and break the 1.20 even

Black Rock owns 300,000,000 shares;
Permodalan Nasional Bhd.498,895,900
Public Mutual Bhd. 345,745,804
This is their gold mine. Things are brewing because JCorp has been buying back over past few days.

Privatisation good for minority shareholders?

Announcement of exemption for basic building materials. No one chasing still? This company has been building quite a big number of medium cost houses at affordable prices and with this reduction (less 6% taken as average), their houses should be more popular

Let's see if there is a breakout tomorrow.

Bulls are strong, that's why dips quickly restored. Today's signal is good sign.

Good lah, coke prices on the upside.

11 street not on the fast track. why should this company invest in it god knows

EPF must be crazy (last month also same)

http://malaysiastock.biz/Company-Announcement.aspx?id=1075914
http://malaysiastock.biz/Company-Announcement.aspx?id=1075913

EPF just makan half a million shares last month end. Qtr results will be out in less than 3 weeks. Buyback two days ago was at 1.10. Go figure how much it's going to move to next level - and that's before roughly anticipating the profit this quarter.

This is a good buy until RM1.30. Strong fundamentals. Over the past two years, this group has been concentrating on building its stable of hospitals, even after being one of the largest private hospital group, if not the largest. It also has a healthy cash balance. All the investments of the past two years are now coming into fruition to increase its presence in the country. With good consistent dividends for shareholders, it is not standing on good stead to reap a bounty harvest from its business.

If it breaks 0.35 today, it's next resistance shuld be 0.44, with RSI looking very good at 70%

That's why you just buy and dont ask questions. When company is cash rich and buys back, there is only one reason. Or two. And guess what reducing the number of floating shares will do to the price - less share, higher price.

http://www.theedgemarkets.com/article/bursa-tech-stocks-advance-global-semiconductor-sales-continue-grow

Good signs for growth; Systech will benefit indrectly

Signs for a breakout at 0.35 are there. Could today be it? Just monitor the next wave.

@maxlee... bro, just kidding that one. alibaba is already here. office is in bangsar. rise in prices probably due to the good second quarter results - look for info in Bursa website. There was an AGM three days ago. If you had attended it, probably you will be able to guess why there is renewed interest in this stock.

I am guessing it has to do with the DFTZ which was launched in March 2017. July that year saw this stock at its high of 47sen. Next month, Lau Ma is visiting China. I am guessing he may visit Jack for a tete-a-tete, afterall he is talking about drawing more Chinese investments that will benefit Malaysians. So when they meet, if they do, it certainly wont be about discussing fish head curry or cheap durians. Just a wild guess.

Get ready. Alibaba is coming!

haha... tomorrow you will know lah

breakout coming...

big contract coming??

haha... KYY counter.. drop until underground already