KLCI in Double top position. This time is very bearish, Malaysia fundamental has changed. We will see many O&G businesses making even greater losses next year. They are highly leverage and dependable on expensive oil price. As Malaysia are still highly dependent on O&G income, it is now less likely Gomen will close deficit in it's already aggressive target. Petronas ambitious expansion are likely to take a punch in the face. Worst is if Petronas making losses next year, Malaysia will be standing on a pile of Debt shit!

Can someone on earth explain the importance of shariah compliance to me?

Surprising downgrade from CIMB. Nigel Foo calling the target price of 21sen. a change of valuation method from profit-oriented to asset-oriented valuation. The reports highlight the failures of REV and how it is hurting Cuscapi earnings. I wish the management do the right things by going back to the drawing board. Please scrap REV, recognizes the mistake and losses. Move forward with the valuable clientele, explore BIG data, think of better idea.

I was holding Cuscapi share since July last year, along the way, i made some exits and entry, from paper gain of 10 of thousand to now losses RM120. Thank you for the roller coaster ride. I will still hold on to some of Cuscapi share.

LOL!

Heavily manipulated. Don't contra!

I heard Gollum speaking to me..."Buy....My precious....buy...". that is creepy.

Strong buy. not bad.

Changing business model from one-off sales to subscription basis will probably sacrifices short terms earning. Just like purchasing Microsoft office 365 (Subscription basis) is only USD$189, but Office 2013 home&business will cost USD$869. With subscription business model, they still get to NEW customer like Starbucks to have their POS system install over 170 outlet. I believe it is positive, because every new POS system install secure income in the future. These may lower the initial set up cost for new franchise businesses too.

I dont think Cuscapi share price can go below 0.21. If so, it is major crisis mode. The thing is cuscapi already oversold since the oct selldown. i think the current price already price in much of the negative views. Company NAV value at RM0.19. Customer is growing with big F&B Player, Expansion in China & SEA, revenue is growing, profits drop due to projects delay. If subscription based business model works, the future is still bright and shine. at 20-30% premium to NAV, i think it is fairly good deal. Is a good time to collect.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1807073

Another quarter loss. Loss widen . Disappointing as expected.

9 month Cumulative loss widen from 1.647mil last year to 6.7mil this year.

Profit before tax decrease 23.4% mainly due to completion of ZetaPark. But the new ZetaSkye has only started this year and at 21% completion. we should be expecting better return by next quarters. Also the PVC-O earnings that will follow through in 2015.

Anyway, the share price will sure continue to drop in near term. Will definitely comeback when the valuation became more attractive.

Goodbye for now.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1806317

Read this if you need detail segmental information.

Result as expected. Payout 90% of the profits as dividend.

With MARA in the picture, as 30% shareholder of Prestariang Education. Unimy will now have great potential to succeed!

CYBERJAYA, 26th November 2014 – Prestariang Berhad (“Prestariang” or the “Group”) today announced its third quarter results from 1 July 2014 to 30 September 2014 (“3Q14”). For the reporting quarter, the Group achieved revenue of RM16.9 million and a profit after tax (“PAT”) of RM5.0 million, a decrease of 52% and 59% respectively compared to the corresponding quarter a year ago which recorded an all-time high quarter performance. The Group attributed the lower revenue for 3Q14 was mainly due to completion of Projek Komputer 1Malaysia and deferment of renewal of IC CITIZEN programme, 3Q14 profit level was affected.

Prestariang continues to be in a healthy cash position with RM121.6 million as at 30 September 2014 and the Board of Directors has declared to payout approximately 90% of its reporting quarter profits to dividend. Shareholders of Prestariang shall receive a single-tier interim dividend of 1.00 sen per share totalling RM4.84 million for the quarter. The dividend will be paid to the Group’s eligible shareholders on 2 January 2015 with the ex-date on 9 December 2014. Prestariang has consistently declared quarterly dividends with minimum of 50% from its total profits. With the inclusion of this dividend, the Group has declared a total of 33.69 sen dividend per share or RM83.2 million since listing

MARA to acquire 30% of Prestariang!

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1806613

Today. Evening.

Agree with Star 99, because REV is a dead end.

1) too bulky for dining table.
2) Loses touch on human interaction.
3) Similar solution but better than REV exist in china (Smartphone apps, no expensive hardware)
4) People dont need more games on dining table as there is enough on their smartphones.
5) People need to talk to each other more over dinner or while waiting for meals!
6) Costly REV tablet manufacturing cost and inventory


However, on the positive note, The company is putting much resources to capture F&B POS market in China,and has been gaining momentum. Judging from the Cuscapi's clientele in china and around SEA region, the system must be working very well for giant F&B player. Notable new clients are Starbucks and Old town. Whats important is the POS works well and the cuscapi strategy is easy enough to adopt by big F&B player. On a side note, Cuscapi is currently changing it is business model to a recurring income mode rather than a one off sales strategies. all these make a lot of sense as it improve company earning growth and sustainability. I believe F&B POS will continue to contribute positively toward Cuscapi futures earnings and it's business will likely to expand further.

Just sell the REV division please!

Looks like a double top. becareful.

C_Bee_Hong.What are you talking about?

The probability to buy today and earn tomorrow is very low. If you think otherwise, you will end up chase high and sell low. But if you understand the fundamental and not in leverage position. you can earn big by befriending time. Befriend to time my friend.

W !

Heikin-Aishi uptrend. Technical should be fine. Fundamentally looking delicious. Is there any negative story about this stock? If there is nothing surprising negative, the upside would be great.

Trading at 1.17x NAV. 15% ROE. 8.3x PE. With sustainable income from properties for the next few years. State of the art PVC-O factory is ready to contribute earning in 2015, 3 pipeline will make RM 150mil. and 30pipeline is plan for the futures to tackle SEA market. Local general market demand for water pipes worth about RM1billion. Future local demand with Non-revenue water pipe replacement worth RM11billion. PVC-O is far superior than PVC-U and Abestos Cement in terms of durability, logistic, easy installation. Renewable energy business to be listed in singapore and will further unlock shareholder value. with all these potential, Fitters is only traded 17% above it is Net Asset Value?

Thanks Zoomboom.

EPF disposed and KWSP acquired. Left hand to right hand?

http://www.theedgemarkets.com/my/article/fitters-gears-bite-water-piping-market (Nov 17)

“We have got the full licence for pipe installation and can install from the smallest to the largest pipes. We can participate in government initiatives if we choose to,” managing director Datuk Richard Wong Swee Yee told The Edge Financial Daily in a recent interview.

The business they want is not only making PVC pipes, but also to be involve in installation work.

I learn something. Thank you

The forum shud have like button. then the forum maybe more loving.

MACD for KLCI.

Fitters-wa 63% premium. thats crazy! no?

Market doesn't look good to me now. do check out KLCI on technical.

Do take a look at KLCI.

Sorry guys, I have cut losses. bought too high up. it took 40% of my last year gain. and the forming death cross...looks pretty risky to stay invest.

Trust the fundamental. tomorrow maybe another wave. hold tight. some bastard are playing games.

Godbless

Godbless... any entry strategies?

Possible dipping to 71 - 73 sen.

no joke. someone is dumping big time.

are we looking at the entry point now?

50minit and reach support. good job!

http://www.theedgemarkets.com/my/article/smrt-masterskill-suspend-trading

Fitters "Diversified" - Literary

Starting as a premier one-stop fire protection specialist, Fitters venture into properties, renewable energy, theme park engineering, and recently to manufacturing hi-tech PVC pipes. The range of business does reflects it's name. Despite the great success providing fire protection solution, Fitters successfully venture into properties sector with ZetaPark while partnering with Parkson. The move has proven lucrative as it boost the group's earning by 51% in FY2013. Great maiden property project indeed!. Next in 2014, the group has launched and almost sold out Zeta DeSkye at Jalan Ipoh with GDV of at least RM169mil which is yet to be fully reflected in FY2014 earning. looking forward, The groups has a 50acres lease-hold land at Rawang with GDV of RM300mil for future properties development. With the mentioned project in the pipeline, the properties segment should be able sustain earning for the next 4-5 years.

Fitters diversification into renewable energy (RE) is less lucrative but it has started to register a profit of RM1.2mil rather than a loss of RM3.2mil. Good news is, It remains positive to the groups earning. In recent development. The group's RE subsidiaries FutureNRG has sign an MOU with Sabah State Goverment to treat oil palm biomass which potentially boosting earnings. It is also learned the group's plan in listing FutureNRG in Singapore which may benefits Fitters shareholder.

The most exciting development for Fitters is the new venture business into PVC-O water pipes. The PVC-O pipes is still relatively new in South East Asia market and it is understand to be one of the best solution to water piping. The recent deal with Melecor Technologia S.L. , obtaining the exclusive right to manufacture and distributing Melecor PVC-O pipes will provide Fitters Diversified the first mover advantage to exploit the huge opportunities in the pipe replacement market. According to National Water Services Commission (SPAN), about 50,900km of Asbestos Cement pipes were about 40-60 years old and in need of replacement. In view of the initiative to reduce the national NRW level to 23% by 2020, the country’s pipe replacement
market could be as high as RM10bn. With the market of South East Asia in mind, the potential is huge. The group has already initiates the plan to build PVC-O manufacturing plants in Gebeng Kuantan with RM90mil CAPEX, and will later build one more plant in Malaysia and each in Indonesia and Thailand to reach for regional market. The group expected the first plant to contribute rm150mil revenue starting Oct 2014 and DOUBLE the production when the plant is ready to be running at full capacity by end 2015. If materialized, we would see the groups revenue to be boosted by RM300mil. And just a reminder, there will be 3 more plant both local and in the region in plan for the future. The plan is ambitious but at the same time defensive as they has the exclusive right to manufacture and distribute from Molecor.

Fitters Diversified:
Revenue FY2013: 471mil - without any contribution from PVC-O piping business yet.