Ok Lets go..

Good quarter result..

https://www.theedgemarkets.com/article/awc-bags-rm127m-hospital-support-service-job

The Board of Directors of Nova Wellness Group Berhad wishes to announce the positive results from the recently completed Hepar-P clinical trial to assess its efficacy and safety in patients with Non-Alcoholic Fatty Liver Disease (NAFLD).

@limontea Why you cabut so fast ? More to come....

In 1 July 2021, Digital Nasional Berhad (DNB) has announced its partnership with Ericsson (Malaysia) Sdn Bhd(Ericsson) to accelerate the deployment of Malaysia’s nationwide 5G network and ecosystem. DNB has adopted an approach where the Design and Build of the National 5G Network will be undertaken by Ericsson at a total cost of RM11 billion. The Group will be one of the Ericsson’s Approved Supplier & Partner (ASP) and expects to benefit from this project.

In August 2021, one of our subsidiaries awarded by DBKL as one of the NFP panel to build the 5G Tower over the 5 years and this expects to generate a new revenue steam which in line with the implementation of 5G.

https://www.thestar.com.my/business/business-news/2021/07/09/the-rm700mil-5g-award-clincher

It added that “Ericsson’s network equipment, deployment services and ongoing maintenance and network management cost of RM4bil was the lowest”.

The remaining RM7bil will cover network infrastructure costs from other parties comprising primarily tower rental and fibre leasing over a 10-year period, DNB said.

E-Commerce is the way to go and they are on it.

https://www.thestar.com.my/business/business-news/2021/05/13/ock-to-continue-expanding-its-green-energy-segment

Tp 2 won't happen in near term, at least not this year. Few years down the road yes. With uncertainties due to Covid, definitely will affect their REIT business, and with this HIDE thingy, shopping malls are prone to closures. Construction and property sector still remained weak, and with construction materials, steel price is on the high side, means profit will be thinner. Healthcare medical side, when the international border open, then medical tourism will flourish.

I am still holding Sunway long term for the good prospects. But not expecting quick gain in short term.

60-62cents good to buy in some.

Chemical price up a lot.. That's why LCTITAN today released quarter result, profit up so much, hopefully luxchem will be the same...

@FuturePredictor, you mean UWC regarding 5G? AWC is another facility management company, which is also a very good fundamental company.

@Silentreader88, dividend 0.02 also take from share price on the ex-date.

Check this posting on binacom in FB on 2nd April.

https://www.facebook.com/muhamad.azni/posts/10226140327475950

When all the gloves and gloves related counters up a lot.Luxchem is sleeping. Really coma style of sleeping.

@florenceyong, I already holding Sunway for years and plan to hold for years to come.
@invest icon, no doubt is good company, but for the price to move up this fast and higher than pre-covid time, it will not happen this soon. This pandemic did hit them hard.

Support already breached. But continue to have faith in this company. Company is still in expansion mode, new office building, new satellite gateway, fiberination initiative from government, and company also recording profit every quarter even during the pandemic time last year.

Price was around 1.50 early March, and already up 15% to the highest of 1.76 recently. In fact, the price now is higher than before Covid. Does the economy already fully recovered from the pandemic? I doubt so. I am still holding on to Sunway for long term, but honestly I do not see the price moving up any much higher in near term taking into consideration of the uptrend recently. And it will require some sort of good news/catalyst to bring up the share price even higher.

Price in coma for so many months already...

@Fortheemprah, That's why I raised my doubt that day if there's is still dividend payout for the mother share since we have this preference shares. So, 1.5cents is still better than nothing.

Still, Choo believes Mah Sing Group and Eco World are attractive because of their relatively cheap valuations and strong management team, and they managed to deliver profits every quarter last year even during the Covid-19 pandemic and movement controls.

“Many bigger property companies reported losses for some quarters, owing to impairments that were larger than their operating income. The outlook for both companies appears to be promising as they launch innovative products at affordable prices. The property market is currently very competitive, whether you are big or small. We believe the key to success is a pro-active management and the right products. It helps that the landbank location is good, too,” says Choo.

https://www.theedgemarkets.com/article/long-road-ahead-property-sector-recovery

Give it some time. Read through their last quarter report.

In 2Q21, the Group’s revenue increased by RM0.77 million or 6.29% as compared to the preceding year corresponding quarter. The increase in revenue was mainly attributed to higher revenue on civil infrastructure and fibre optic cabling work..

And 5g implementation in Malaysia is another dimension where the government will own the spectrum and infrastructure. And you may also refer to their statement :

“By removing the need for existing telecommunications companies to invest in 5G networks, their efforts and resources can continue to be focused on improving and expanding 4G services and fibre networks under JENDELA, so crucial for the success of 5G deployment. This at the same time will ensure that the digital gap can be minimised,”

I am buying into binacom and redtone as fiber optic network is their expertise.

@LeftHand_of_God, I think you have misunderstood. I was commenting on Superb99's post..

This company is with proven track record. Recording profits every quarters and constantly distributing dividend for the past 10 years. Diversifying into gloves industry is good as well, as gloves industry is always resilient even without pandemic, but with pandemic, of coz is something bonus for them, but still MahSing main business is in property business. So if you trust their business model, then you should buy in, especially when the property sector has been continuously beaten down for the past 2 years. Their time will come, so if you position yourself now, you will be rewarded nicely.

1 day show? The same thing was mentioned when the share was at 30cents++ moving towards 40cents++. Just sharing the truth. Not holding any of this shares at the moment, but will buy in some in the future.

@fortheemprah, In fact they have to weeks ago, but they asked for extension.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3133089

And also in their Quarter Result comment on the prospect.

The Group will continue to explore new sources of revenue and business opportunities. The Group has completed one of the 2 satellite teleport C-band gateway in the first half of 2020. The aforementioned satellite commenced operations in July 2020 and contributed to the revenue of the Group. The Group expects to complete the installation of a Ka-band gateway and another C-band gateway in early 2021. The delay is due to the extension of the conditional MCO (“CMCO”) by the Malaysian government.

Further, the Group will continue to benefit from the announcement made under the Malaysian National Fiberisation and Connectivity Plan outlined in Budget 2020 (“NFCP”), where the NFCP aims to achieve a coverage of 98% connectivity nationwide and our Group has participated in delivery of various NFCP projects.

https://www.theedgemarkets.com/article/rm15b-5g-infrastructure-cost-be-borne-private-sector-says-mof

“By removing the need for existing telecommunications companies to invest in 5G networks, their efforts and resources can continue to be focused on improving and expanding 4G services and fibre networks under JENDELA, so crucial for the success of 5G deployment. This at the same time will ensure that the digital gap can be minimised,”

Check on Binasat company website : Services --> Fiber Network Engineering Services

Opportunity to buy binacom again. 5g news are heating up. More money for Government to spend for execution now as Crude oil at 70USD per barrel, as compared to USD 45-55 during the budget 2021 announcement.

@invest icon. If I saw it clearly last time, it says dividend will be given to preference shares first. If dividend given to preference shares already, I wonder there's still dividend for the mother share. Let's see...

You mean 4.5cents to preference shares?

We have been watching closely for today.... Haha.. But ok la for long term....

Buy in some... good prospect...

Yes. Price is always at 51cents - 57cents max. One of the point I came to i3 cck is to look at fruitcake and lch90 comments... lol....

Guys, this convertible preference shares is set at RM1 ,convertible at 66cents. Just a common sense, assuming you have this convertible preference share, are you willingly to take a 34cents loss by covert it to common share? If is not then there won't be any dilution of earnings or extra shares.

The concern right now is more on the 2 billion that they raised. Are you confident that the new asset acquisition will generate good profit ? if yes, then buy/hold, else sell.

@Sooncafe.... The price for Brent and WTI was down by around 2.5USD yesterday, so which O&G counter is green on the opening today?

55.5, bargain price. This share worth more than this. Just a matter of time to reflect the true value. Buying in some...

Obviously this is a good company just the timing for the share to go up is not now. Resilient even during the MCO period. Long term is ok, short term if looking for quick gain, then should go for those Gloves or healthcare related stocks.

To add on, expansion in Kalimantan is a good move, and if Indonesia's moving of capital city from Jakarta to Kalimantan materialized, then CCK will be well positioned for this.

Good Quarter Result, business was not affected as it was categorized as essential services during MCO. Increase of revenue and income year to year. Strong cashflow and low/zero debts.This share definitely worth more than the current price. Buying in....

To me, fair price for this counter is 78cents. If it really goes down to 50cents, I will consider to buy in. I like the optimism here. But have to factor in the risk, this is a glove hand former company , not a glove company. Glove company sold 2 billions gloves doesn't mean that Esceram will able to sell 2 billion hand formers .How often they need to replace a hand former ?

https://www.theedgemarkets.com/article/bnm-2q-gdp-contracts-171-due-sudden-halt-economic-activities-april

The sentiment is very bad now. Everybody is selling because of fear and emotion. Even Supermax delivered excellent result also people dumping the shares.

I am out for now. Good luck. Market now is more on Emotion and Fear..... Come back again when it is lower...

Check back on the fundamentals.
1) Has WHO announced that Covid19 already over?
2) Vaccine can be out, but does the demand of glove decline? If is not, then it will benefit TMSB Luxchem. 30-35% of the revenue coming from here.
3) Check their last quarter result which was during the MCO period, of cause it is not bombastic result, but it is still net profit. Now with CMCO, more companies are open, so the revenue from their trading segment should pick up again.

Fundamental is good here. Hang on guys. This is a minor correction. Not the time to pull the plug yet. If the price crash, it will be something like Esceram, down by 20cents or more and not 5-6cents.

While others are now in the Gloves and Healthcare frenzy, take some position in Gadang. This is good company... But of coz Infra and property counters are always relying on Gov stability..

This company is good, but it shouldn't worth this much. 78cents is the fair value, taking into consideration of the last quarter result, EPS and the PE.

Day 1 uptrend : 0.53 - 0.625
Day 2 uptrend : 0.66 - 0.84
Day 3 uptrend : 0.81 - 1.07

It is already more than 100% profit within 3 trading days, another limit up? I doubt so.. Sold all at 1.04, locked in profit first, rather earn less than stuck. Anything above 1.05 to me is high risk now, just my personal opinion, hopefully I am wrong and good luck to those holding.

Panic selling because everyone saw the decline of -139% QoQ. We have to acknowledge that this is not somewhat a brilliant Q result but In reality, this Q result is reflecting the true scenario during the MCO period (Close down and shorter operation hours), which in my opinion is not a very bad result.

Increase in total asset, cashflow is good, pandemic/glove related counter. It is still good to hold on at this point of time. But you are entitled to sell off too, let the share price consolidate and take its own course.

Not an expected result that everyone wants to see, but the only good point is this Q result is during MCO period, which seems like not too bad...

Awarded Pan Borneo project, JV with Gamuda bhd ( Pantu junction to Batang Skrang, 1.57Bil.

http://www.thestar.com.my/business/business-news/2016/12/19/rm16bil-pan-borneo-highway-jobs-awarded/