OCK Group Berhad has been experiencing some challenges recently, with its stock performance lagging in the short term. However, the company's outlook for the next month appears cautiously optimistic, thanks to several key developments.

Firstly, OCK has a strong order book worth RM220 million, which is expected to support its earnings throughout 2024. The company is also actively expanding its presence in the telecommunications sector, particularly in tower leasing, where higher tenancy ratios are anticipated due to new 5G network deployments. Additionally, OCK has been securing new contracts in the data center sector, including three new contracts valued at RM32.5 million, which could provide a boost to its revenue in the near term.

Furthermore, the company's diversification into solar energy and digital solutions is also gaining traction, with positive projections for growth in these segments. These factors collectively suggest that while OCK has faced some recent setbacks, the potential for recovery and growth remains strong, particularly if it continues to capitalize on its new projects and market opportunities​(

today pathetic

FSBM Holdings Bhd has shown significant progress after exiting its financially distressed PN17 status. The company has pivoted towards providing tech-driven solutions, particularly focusing on AI, IoT, and cybersecurity, which positions it well for future growth. FSBM's recent earnings reports indicate a promising outlook, with a more than threefold increase in net profit for the first quarter of FY2024 compared to the previous year.

The company is also expanding its offerings by working with semiconductor firms and introducing products like voltage sag protectors, which are critical for maintaining operational efficiency in manufacturing. This diversification and its collaboration with major players in the semiconductor industry are expected to drive its earnings in the coming months.

Given this transformation and the positive earnings trajectory, FSBM’s stock could see further appreciation over the next month, especially if it continues to capitalize on its new business model and secure additional contracts​

GFM Services Berhad (GFM) has shown strong potential in the Kuala Lumpur Stock Exchange (KLSE), particularly with recent developments such as their successful bonus issue and entry into the oil and gas sector. Over the past few months, GFM's share price has been fairly active, though it faced some resistance at around 40 sen. Analysts suggest that if it can surpass this resistance, the price could potentially reach 55-60 sen in the near term. However, the current underlying stock price is around 29 sen, and the market is somewhat volatile​(
Bursa Malaysia (KLSE) Market Summary
Bursa Malaysia (KLSE) Market Summary
).

The issuance of free warrants and GFM's venture into high-growth sectors like oil and gas could positively impact the stock price, but the short-term performance will depend on how well these ventures are received by the market. Overall, GFM appears to have a solid foundation, but market conditions will play a critical role in its performance over the next month.

Binasat Communications Berhad (BINACOM) shows a mixed outlook for the next month on the KLSE (Kuala Lumpur Stock Exchange). Recent developments include Opcom Holdings Bhd's acquisition of an 18% stake in Binacom, signaling confidence in Binacom’s potential, especially in the telecommunications sector. This acquisition may enhance Binacom's position, particularly in satellite communications and telecommunication infrastructure, which could lead to future growth and stability​(
The Star
).

However, it's important to note that the stock has faced challenges recently, including hitting a 52-week low, which might suggest some market hesitance or external pressures impacting its performance. Analysts have not provided robust forecasts, which adds some uncertainty to its near-term potential​(
Finbox
).

Given this, while there are promising signs, particularly with the new partnership, caution might be advisable when considering investments in Binacom over the next month. Keeping an eye on how the partnership with Opcom unfolds and monitoring market conditions will be key.

From 0.58 slide now 0.615 closing. Strong Push.... will there stronger push for the coming 7 days ? Will see how

Quarter one , march profitable 14 millon, why you say it is bad ?

Lowest today at the moment 0.58 , can be lower and lower . Now they are supporting at 0.59

0.59 down badly

0.255 today 22 august. Going down but coming around the corner

going down

0.630 going up and up

yo yo yo and now yo yo yo 0.0615 & 0.0610

Shares of Yongda Group (ENGTEX, 5056, Main Board Industrial Stocks) were volatile last week, mainly due to the company's ongoing bonus share program that was ex-vested last Thursday.

The Yongda Group gave away 333.82 million new shares based on a ratio of 3 shares for every 4 shares. Holders of Yongda Group's vouchers YONGDA GROUP WB (ENGTEX-WB) are also treated in the same way as shareholders. As a result, the warrant strike price was adjusted from 70 sen to 40 sen.

Yongda Group's parent shares and warrants closed trading at 72.5 sen and 31.5 sen respectively on Friday.

The core business of the Yongda Group is the manufacture and wholesale sale of infrastructure-related products such as flexible steel pipes, graphographite iron pipes and other steel products. The group is also involved in industrial development and hotel business.

The group posted a net profit of RM9.4 million in the first quarter of the 2024 financial year, which ended on March 31, 2024, up 150% from the net profit of RM3.76 million for the same period in 2023. Group revenue in the first quarter of this year reached RM383.54 million, a slight increase of 1.5% from the first quarter of last year.

In its earnings report, Yongda Group noted that despite domestic and international fluctuations in metal prices, the demand for steel products, especially the increase in production and the delivery of mild steel concrete line pipes and wire mesh, has led to a significant increase in the company's profitability. The Group expressed a challenging outlook for the outlook.

The share price of Yongda Group has performed very well over the past year, and the share price has more than doubled. This makes ENGTEX-WB currently trading at a 1.4% discount. Friends who hold the company's shares can choose to sell ENGTEX-WB and immediately buy back the parent shares to exercise in order to obtain risk-free arbitrage.

Friends who are confident in Yongda Group's parent shares but do not yet hold parent shares can choose to buy ENGTEX-WB to reduce the entrance fee and participate at a discount.

6.10 lowest for now

*mf* was correct - 'collect"

support at 0.63 and if break that at 0.615

0.67 !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

lowest point 0.64 , support ?

Engtex Group Berhad's shares have experienced a significant drop recently. As of today, the share price has fallen by 38% over the past month, which has raised concerns among investors. The drop in share price is largely attributed to a decline in the company’s earnings, which have been underperforming compared to the broader market. Despite this, some investors remain optimistic due to the company's forecasted growth over the next few years, which is expected to be higher than the market average. However, the company's current price-to-earnings (P/E) ratio remains high, which suggests that the market has high expectations for its future performance​

no support at all

SUPPORT COMING IN AT 0.655

FREE FALL

SORRY WORST 0.65

This Fuji Shares useless now but very high potential in future

sorry okay, 0.665 now

Failed

1571.78 (-39.27, -2.44%)

The stock in question is currently at a critical juncture. While selling at this moment might present a strategic buying opportunity, making a definitive decision remains challenging. Therefore, it is advisable to refrain from liquidating a portion of the holdings at this time.

c.k. morning. Gone only 0.22

BAD NEWS: NOT WORKING DUE TO SHARKS WANT TO MAKE A LOT OF MONEY

GOOD NEWS: Ekuinas Berhad invested in Mizou whom owner recently became largest Dataprep shareholder.

Kwok has strategically maneuvered to expand his influence and business holdings significantly. In December 2022, Techbond announced plans to acquire a 100% stake in MAC. The vendor of the 99.57% stake in MAC was Chemquest Sdn Bhd, which is owned 55% by PPB and 45% by Kuok Brothers. This acquisition was a calculated move to consolidate and expand Techbond's market position.

Following Techbond's takeover of MAC, Kwok invested in a 15% stake in Techbond. This investment strengthens Kwok's influence within Techbond, creating a synergistic cycle that enhances both his and Techbond's business prospects. The strategic acquisitions and investments ensure maximized profits and continued business expansion. Kwok's growing influence and business acumen significantly impact the company's profitability and market position, driving further growth and success.

support 0.62 , good broken already. Up to you guys

very low now 0.61, good good

bad 0.345

support level 0.245 Pray is going to break the support that will be very bad , to southern hemipshiere

Binacom's rebound problematic and you can run away but not now. You now pick up . This is very clear from the outside and looking at the chart. Still holding the ticket will make you think there is still a chance. If the buying price falls below the purchase price, your work will be in vain

going for a lame closing today again and again.

go and drop better

useles

joker shares, now today warrant is already 0.24 sen that will overtaking the weak 0.295 mother. Ha ha ha

rob8ry24: Run?

0.265 today

guys 0.275 now before closing noon. Like i say nowhere today , expect 0.27 all day long

today 27 cents . Would not go up more than that.

Yes , going up and up and up again

To cK1973: Now is down trend to 0.27 cents. Can Binacom goes to 45 cents ? The pressure is very high going down.

The five-color flags come and go, 3 cents are gone, keep collecting them

run run