Somehow the WealthFarmer calculation from TheStar news tally with RHB Investment Bank TP of ~RM5.30.
If the OBM Lumiqs is so promising. Let's focus on fact findings on this part.

http://klse-wealth-farmer.blogspot.my/2017/10/iqgroup-story.html

sound promising with N2N. Cross finger for AFE to bring in more income from oversea.

The RM6000 tax deduction for EPF is not purely for EPF contribution. Those RM6000 include both EPF contribution and life insurance.
In other words, that person in Case B might be paying the same income tax if he has another amount from life insurance.

key message from the Johotin 2014 annual report:
- tin manufacturing: expansion into new printing machines which will increase the capacity
- F&B segment remain strong as the new factory and warehouse will be completed in 2015
- with this, the group able to take up new order from existing and new customer.

Hi BFMTechnology, rolling 4Q EPS is 4.36sen. I just deducted the cash value from the share price for my calculation (0.48-0.27) / 4.36sen = 4.8x.

Looking at current currency trend, as long as RM maintain at RM3.6 range, next quarter result will be better than corresponding quarter last year.

https://www.google.com/finance?q=USDMYR&ei=AHtTVZH9GsXwuASpqoGACw

Overall, the improvement in earning mainly due to stronger USD currency. Almost all the earning for this quarter is from oversea customer.
Next reason is the company streamline and right-sizing activities, which improved the earning margin.

The lower revenue in Q1 mainly is because lower order during Q1 2015 festive season and phasing out low margin business.

The cash per share for company slightly increased to RM0.27.
With current price of RM0.48, PE without deduct cash is 4.8x. Which low in the manufacturing category, which normally around 10x.

Based on the 2014 annual report, can say that nearly 75% of the income is from our neighbor country, Singapore.

Comparing FY15Q1 vs. FY14Q3 & Q4, clearly the currency conversion is stronger for SGD during the Q1FY15.
With this, really looking forward for this coming report announcement.

Their main customers are Public Bank Bhd, Bank of Singapore, StarHub Ltd and PTT Pcl. In which will give them stable repetitive income.

https://sg.finance.yahoo.com/q/bc?s=SGDMYR%3DX

They need cash for expansion plan. The FuHao plant already at peak capacity. They are also getting new and renew the injection molding machine to cater for new demand from new customer Bose in Batu Kawan, as well as Dyson.

RM0.27 cash per share.
At current price of RM0.465, with PE 12x.
If deduct the cash per share from the RM0.465, PE will be 5.4x.
Really an under value company.

nothing special from the annual report. Anyone found any potential future income?

just for the pass 5 months, board of directors net bought in 6mil units.
They just need to maintain the business and continue complete the sales contract, TP of 0.20 sound possible. 2014 Q4 report coming this month. Stay cool :)

woah...TP of RM1.13, meaning 100% from current price of 0.55.

based on the CEO statement back in Oct-14 news, the quality issue compensation will not appear in Q4 report. Even with quality issue, their F&B sector still improving in term of revenue. 2015 will be a great year for them, couple with low base effect on 2014.
look for opportunity to collect this down turn =)
especially the johotin-wa which is only 0.16 now.

any idea how much income for Hovid is coming from oversea?

I just concern if they delay is due to company unable to meet the requirement or SC keeps asking for further fine tune of their accounts.

some one could explain what is this free detachable warrant?
meaning new issue of warrant?

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1770093

SS661M, I like your thought from another perspective. Just that the Q3 result and the price action are so negative about this company. Increase of operating cost isn't favor to investor. May be you are right, they are trying to reduce the income tax. But how can investor know in-depth of the company intention? At least we have chance to ask them in AGM.
22 Oct we should know if their transfer listing is approve or not. If not, need to wait another couple of months. Again, this also trigger investor to think, is there any thing wrong with this company? Why SC took so long for the approval.

this counter stay strong amid the general market going down, guess must of waiting for some good news coming out.

Gadang main business is construction follow by property. The only Gadang property project in Johor is Jentayu Residensi, Tampoi, Johor Bahru. There is no gadang project at Iskandar area.

sai lang in mmode personally i think isn't worth as there are still companies that really undervalue with plenty of projects on hands to invest.
Extreme isn't a good idea in share investment if you want to go for long term.

Don't forget with 50sen, PE of 9x or lower, there is still 20sen of cash in account. Meaning the real PE is even lower.

nordimohd, for dividend need to wait till after the AGM, around end of this month. Normally they will announce by end-Oct for dividend.

With dividend of 2sen.
2sen/55.5sen = 3.6% -> slightly better than 12 month FD rate at the moment.

2 more days and we will know if the telco towers will push this counter up :)

Based on the SC announcement trend, most likely we will know the answer of MMODE transfer listing on 22-Oct. Two weeks down the road we will know.

then now is the better price from ipo. about 50%discount. good entry point.

the drop volume is very small for these few days. Only those weaker holder gone out from picture, my guess.

Cash value per share for MMODE is RM0.20 as per 30-Jun-2014.

Pass 2 years, the MMODE EPS is around 7.5sen.
For Q1 and Q2, MMODE already made 3.83sen.
If they can maintain the earning, this year should have no problem to meet the 7.5sen.
Using the current PE 10x, the TP should be around RM0.75.
With current price of RM0.61, margin is above 20%.
If you compare to similar business like EFFICEN, EFORCE or SCICOM, the PE is around 20x.
So MMODE PE 10x still consider low.

If the dividend can maintain as last year RM0.02, take dividend yield of 3%.Then RM0.66 is kind of fair value.

The SC scorecard periodic update for the SC performance press release is stated to be announce every second Thursday of following quarter, meaning middle of Oct should see whether any ACE to MainBoard transfer submission is approved or reject. Hope MMODE will do the annoucement prior SC press release.

Oil price continue to fall, at least a good news to AAX at this moment.

http://www.marketwatch.com/story/oil-futures-stay-subdued-after-two-sessions-of-losses-2014-10-02?dist=beforebell

The 2015 Budget is on 10th Oct. This counter has theme related to the 1,000 telco tower. Don't think it will goes down a lot due to this debts doubt.

well, price stable at RM1.50. still more than 2 months to go before the next quarter report out. let's see if any good news from this company that will bring the price up.

From HLIB

Scomi Energy (BUY çè)

Exciting Time Ahead!!!

Scomi Energy’s (SES) share price has corrected by 10% in a month after it proposed a renounceable right issue of redeemable convertible bonds. As there are no changes in the underlying fundamental, we believe current weakness in share price provides good buying opportunity.
We see multiple growth catalysts going forward: i) potential expanding orderbook from RM5.5bn to RM7bn due to increasing market share regionally; ii) commercialise graphene nanofluids and microwave treatment products; and iii) potential securing integrated project management (IPM) contracts.
Our channel check reveals there are more potential marginal fields to be developed under Vestigo and expect more marginal field contracts to be awarded in 2H14.
Given the multiple growth drivers ahead, we expect SES’ earning to grow at 3 year CAGR of 50% with P/E to fell to only 8x in CY16.
We maintained our BUY call with unchanged TP of RM1.23 (based on unchanged 16x CY15 EPS of 7.67sen/share).

FROM HLIB

Scomi Energy (BUY çè)

Exciting Time Ahead!!!

Scomi Energy’s (SES) share price has corrected by 10% in a month after it proposed a renounceable right issue of redeemable convertible bonds. As there are no changes in the underlying fundamental, we believe current weakness in share price provides good buying opportunity.
We see multiple growth catalysts going forward: i) potential expanding orderbook from RM5.5bn to RM7bn due to increasing market share regionally; ii) commercialise graphene nanofluids and microwave treatment products; and iii) potential securing integrated project management (IPM) contracts.
Our channel check reveals there are more potential marginal fields to be developed under Vestigo and expect more marginal field contracts to be awarded in 2H14.
Given the multiple growth drivers ahead, we expect SES’ earning to grow at 3 year CAGR of 50% with P/E to fell to only 8x in CY16.
We maintained our BUY call with unchanged TP of RM1.23 (based on unchanged 16x CY15 EPS of 7.67sen/share).

price well supported by 200MA.
It is nearer to the announcement date. Waiting for the main board transfer listing approval from SC :)

Good company, its subsidiary SCOMIES already caused SCOMI to worth RM1.
With current RM0.40 price, it is more than 100% growth.
Please go up fast :)