EURO'S DECLARATION OF BONUS SHARES FOR ITS SHAREHOLDERS IS POSITIVE AS IT CONFIRMS IT HAS THE FINANCIAL RESERVES.

NOT TRUE FOR EURO. ACTUALLY GOOD NEWS. EURO HAS NO FINANCIAL ISSUES AT ALL. IT IS MAKING PROFITS ALL ALONG. ITS AUDITED NTA (TANGIBLE NET ASSET OR TANGIBLE WORTH PER SHARE) IS 0.85 (HIGHER THAN ITS PREVAILING SHARE PRICE)

IN FACT, THE PAR VALUE REDUCTION IS MADE TO REWARD SHAREHOLDERS WITH BONUS SHARES ISSUE AS WELL AS TO ENHANCE THE LIQUIDITY OF ITS SHARES, THUS ENCOURAGING INVESTORS. IT IS THEREFORE A POSITIVE MOVE. (AS IT IS NOT TO ELIMINATE LOSSES).

THE MULTIPLE PROPOSALS ARE INDEED VERY POSITIVE AND IS INDICATIVE OF MORE GOOD ANNOUNCEMENTS TO COME (ASSET INJECTION)

GENERALLY SUCH CORPORATE ACTION PLANS ARE POSITIVE. ONLY LISTED COMPANIES WITH GOOD FUNDAMENTALS AND ALREADY POSSSESS THE FINANCIAL RESERVES ARE ALLOWED TO UNDERTAKE THEIR OWN SHARE BUYBACKS.

ANOTHER POSITIVE IS THAT LISTED COMPANIES MUST HAVE THE SURPLUS CASH ITO BE ABLE TO CARRY OUT SUCH SHARE BUY BACKS AND KEEP THESE SHARES AS TREASURY SHARES.

COMPANIES NORMALLY BUY BACK THEIR OWN SHARES BECAUSE THEY DEEMED THE CURRENT MARKET PRICE OF THEIR SHARES ARE UNDERVALUED, I.E. SHOULD BE WORTH MORE THAN THE PRICES LISTED IN BURSA.. (FOR EXAMPLE, CURRENT PRICE 0.685 AGAINST ITS NTA (NET TANGIBLE WORTH PER SHARE) OF 0.85 (AUDITED)

LISTED COMPANIES WHO DO SHARE BUY BACKS AND RETAINED AS TREASURY SHARES OCASSIONALLY DISTRIBUTES THESE AS FREE SHARES TO ALL THEIR SHAREHOLDERS (CAN BE CONSIDERED AS BONUS SHARES EXCEPT THAT SUCH EXERCISES WILL NOT INCREASE THEIR ISSUED CAPITAL BASE. ITS VERY POSITIVE AS SHAREHOLDERS WILL BENEFIT WITH FREE SHARES WITHOUT ANY DILUTION .

HOPE THE COMMENTS ARE HELPFUL.

GOOD LUCK

A RECOLLECTION OF OLD NEWS ARE USEFUL TO INDICATE WHAT THE FUTURE HOLDS FOR EURO. PAST NEWS, ANNOUNCEMENTS, COMMENTS REMAIN VALID.

IN LINE WITH ITS NEW BUSINESS FOCUS, EURO WILL BE LAUNCHING ITS MAIDEN PROPERTY PROJECT IN CHERAS IN 1H OF THIS YEAR. OXLEY, A CONSTRUCTION/PROPERTY CO LISTED IN SGX, ALSO IS IN PROPERTY DEVT IN THE NORTH EAST REGION OF PENANG. A 5 ACRES PLOT IS READY FOR DEVT THERE. IT IS RELEVANT TO NOTE THAT I OF EURO'S DIRECTOR IS ALSO ON THE BOARD OF OXLEY SPORE.

I REMAIN OPTIMISTIC THAT APPROPRIATE CAPITAL MANAGEMENT, INCLUDING A SIZEABLE LANDED ASSET INJECTION, CAN PROPEL EURO INTO THE BIGGER LEAQUE OF PROPERTY DEVELOPERS. WE CAN SEE MANY POSITIVE INDICATIONS TOWARDS THIS OBJECTIVE.

I BELIEVE ITS A MATTER OF DOING IT AT THE RIGHT TIMING.

GOOD LUCK. CHEERS!!!

OVERALL BURSA MARKET OVERBOUGHT. HENCE THE CORRECTION/CONSOLIDATION THE LAST FEW DAYS.
EURO IS CONSOLIDATING WELL. HOPEFULLY TO RESUME UPTREND SOON BASED ON THE FOLLOWING CATALYSTS:-
(A) EXPECTATION OF BETTER IQ RESULTS TO BE ANNOUNCED NEXT MONTH. LAST YEAR NET PROFIT RM2.3M. EURO WHICH EXPORTS MORE THAN 50% OF ITS PRODUCTS OVERSEAS WILL BE ONE OF THE BENEFICIARIES OF THE STRONG US DOLLAR AND OTHER FOREIGN CURRENCIES (EG SGD, STERLING, CHINESE YUAN, EURO,ETC)

PLSE NOTE THAT UCHITEC WHICH EXPORTS ITS COFFEE MACHINES IS ALSO A BENEFICIARY OF STRONG FOREIGN CURRENCIES RESULTING IN INCREASING ITS EXPORT PROCEEDS UPON CONVERTED TO RINGGIT. UCHITEC SHARE PRICE HAD BEEN ON AN UPTREND THE LAST FEW DAYS AFTER SOME ANALYSTS HIGHLIGHTED THIS FACT (WHICH CAN ALSO HAVE A POSITIVE IMPACT ON EURO'S SHARE PRICES). HIGHER PROFITS = HIGHER SHARE PRICES.

(B) GOOD PROSPECTS OF POSITIVE CAPITAL MANAGEMENT GOING FORWARD. SMALL CAPITAL BASE OF ONLY 80M SHARES (PAR RM0.50). OTHER FUNDAMENTALS INCLUDE ITS NTA OF 0.85 SEN PER SHARE ( LIKELY BE HIGHER UPON REVALUATION OF ITS EXISTING LANDED ASSETS)

EURO'S NEW BOARD HAD ALREADY INDICATED THAT ITS FUTURE BUSINESS DIRECTION IS MORE FOCUSED ON PROPERTY DEVELOPMENT. THE 2 NEW MAJOR SHAREHOLDERS OWNS THE 300 ACRES OF FREEHOLD LAND IN NORTH EAST PENANG (TOWARDS THE DIRECTION OF THE PRIME LOCATION OF TANJUNG BUNGA.). WHAT ARE THEIR PLANS FOR THEIR VALUABLE PIECE OF PRIME LAND? WE HOPE THEIR PLANS WILL BENEFIT EURO'S BUSINESS.

THERE IS A NEED TO ENHANCE THE MARKET LIQUIDITY OF ITS SHARES TO ATTRACT INVESTORS. EXPANDING ITS CAPITAL BASE AND ITS SHARE LIQUIDITY LIKE VIA PRIVATE SHARE PLACEMENTS TO STRATEGIC INVESTORS, BONUS SHARES, ETC, ARE POSSIBLE CAPITAL MANAGEMENT MOVES. WE ARE ALSO HOPEFUL THAT THE CAPITAL MANAGEMENT CAN INCLUDE THE DIRECTOR'S 300 ACRES OF PRIME LAND AS PART OF THEIR STATED CORPORATE GOAL TO DIVERSIFY INTO PROPERTY DEVELOPMENT.

(C) REAL ESTATE EXPERTS NOW OPINED THAT THE 2 MOST PROMISING LOCATIONS FOR PROPERTY DEVELOPMENT ARE KLANG VALLEY/SELANGOR AND PENANG. YES PENANG. DUE TO ITS STATE GOVT'S HUGE INFRASTRUCTURE MASTERPLAN (INCLUDING 3 NEW EXPRESSWAYS, ONE OF WHICH WILL LINK UP TO TANJUNG BUNGA)

ALSO IN THE NEWS IS THE HUGE PROPERTY PROJECTS BY ECOWORLD IN BATU KAWAN, IN THE SOUTH EASTERN PORTION OF PENANG( 300ACRES+150 ACRES OF LEASEHOLD LANDS)

EURO'S DIRECTORS 300 ACRES LAND ARE IN THE NORTH EASTERN PORTION OF PENANG. THESE LANDS ARE FREEHOLD.

WE REMAIN HOPEFUL THAT EURO CAN EMULATE THE SUCCESS OF ECOWORLD IN ITS DIVERSIFICATION INTO PROPERTY DEVELOPMENT.

(THE ABOVE COMMENTS REFLECT MY THINKING AND HOPES IN THE SUCCESS OF EURO ESPECIALLY IN ITS STATED DEDICATION TO PROPERTY DEVELOPMENT. MUCH OF THE INFORMATION ARE ALSO AVAILABLE IN THE PUBLIC DOMIAN.
PLSE DO CONSULT YOUR OWN REMISIERS IN MAKING YOUR OWN INVESTMENT DECISIONS.. GOOD LUCK TO ALL.

EURO 7208. TECHNICAL CHARTS BECOMING MORE BULLISH. ACCOMPANIED BY INCREASINGLY HEALTHY VOLUMES. OVERALL PRICE UPTREND GAINING MOMENTUM.
LET'S WAIT FOR MORE POSITIVE NEWS FLOW AND CORPORATE NEWS TO STRENGTHEN IT FURTHER. CHEERS TO 7208 !!!

DATO SRI HANIFF HAD ALREADY ACCUMULATED CLOSE TO 3 MILLION SHARES IN EURO(PER BURSA ANNOUNCEMENTS)IN EURO.
A BIG VOTE OF CONFIDENCE IN EURO.
MORE POSITIVE NEWSFLOW SHOULD BE FORTHCOMING.

EURO STOCK CODE 7208 = FATT (PROSPERITY FOR ALL) HUAT!!!
THE BEST IS YET TO COME

EURO HOLDINGS. PROPERTY STOCKS CURRENT UPSWING.
IN ADDITION TO TROPICANA, EURO WILL BE THE NEXT PROPERTY COUNTER TO MOVE UP WITH A BREAKOUT ON THE UPSIDE. CATALYSTS INCLUDE (1)ALREADY CONSOLIDATED WELL ENOUGH.ACCUMULATED ENOUGH (2)LATEST RESULTS +>RM2M OK BASED ON FURNITURE BUSINESS. PROFITS EXPECTED TO JUMP UP BASED ON THE HIGHER FOREIGN CURRENCIES VALUE OF ITS EXPORTS UPON CONVERTED BACK TO RINGGIT.(3) THE BIGGER CATALYST WILL BE ITS COMING ANNOUNCEMENTS ON ITS MAIDEN PROPERTY PROJECT IN CHERAS AND THE PROSPECTS OF MORE NEWS IN ITS NEW BUSINESS DIRECTION FOCUSSED ON PROPERTY DEVELOPMENT. LOOKING FORWARD TO MORE NEWS N ANNOUNCEMENTS ON ITS CORPORATE ACTION PLANS/AGENDA ON THE 300 ACRES PRIME LAND NEAR TANJUNG BUNGA, PENANG. GOOD TO KNOW THAT THE NEW DTORS N MAIN SHAREHOLDERS ARE ALREADY EXPERIENCED IN PROPERTY DEVELOPMENT (ONE OF THE DTORS IS FROM OXLEY, A SINGAPORE LISTED PROPERTY/CONSTRUCTION ENTITY0.

POSITIVE SIGNS. HI VOLUME 51.1M SHARES. ALTHO CLOSED ONLY 1/2 SEN HIGHER AT .115, ITS A GOOD SIGNAL THAT MORE POSITIVE NEWS AND CATALYSTS ARE FORTHCOMING TO SUPPORT ITS PRICE UPTREND. THE TECHNICAL CHARTS ARE ALSO MORE POSITIVE.
CHLEONG WAS RIGHT (CLOSING @ .115 WITH MORE 2 COME. GEE!!!. I JUST LOVE THE WAY CHLEONG EXPRESSES IT. THE KEY WORD IS STILL "PATIENCE" AND THEN LET ITS FUNDAMENTALS AND CATALYSTS SUPPORT/PLAY IT OUT.

Hi, chleong and Raydalio. Are u good people based in KL/PJ?
It will be nice 4 us to meet up to know each other better over a cuppa. Makes investing life more interesting.
Feel free to contact me. (dliew488@gmail.com)

THE ABOVE FACTORS AND VIEWS BY RAYDALIO & CHLEONG ARE VALID. THE VALUE/PRICE OF ITS SHARES WILL ULTIMATELY DEPEND ON THE QUALITY OF ITS UNDERLYING ASSETS, P.E., CASH FLOWS AND PROSPECTS. ALL THESE WILL TAKE TIME TO EVOLVE AND SHOW. ITS FUNDAMENTALS HAD STRENGTHENED WITH HIGHER REVENUES AND CORE EARNINGS Q TO Q. AGREED THAT ITS RECEIVABLES ARE TOO LONG BUT I CAN SEE ITS RECEIVABLES AND CASH FLOWS IMPROVING WITH THE COMMENCEMENT OF ITS 3 YR RM68M OUTSOURCING CONTRACT WITH INNOVISI AND THE SALE OF LOSS MAKING SUBSIDIARIES. HENCE AGREED THAT PATIENCE IS THE KEY.HOWEVER WE ALSO NEED TO BE VIGILANT IN MONITORING ITS BUSINESS DEVELOPMENTS AND ITS CORPORATE ACTIONS.

NO ISSUE. WE ARE ALL HERE TO HELP EACH OTHER AND ARE IN IT WITH THE MUTUAL OBJECTIVE OF GETTING POSITIVE RETURNS FROM OUR SHARE INVESTMENTS. ALL ARE WELCOME WITH THEIR INPUTS AND SUGGESTIONS.
SO FAR TA RESEARCH HAD BEEN ISSUING REPORTS ON NEXTNAT. LOOKING OUT FOR ITS NEXT CALL. WILL ALSO SHARE IF I CAN GET MORE INFO FROM OTHER SOURCES.

HI, CHLEONG. I THINK THE ACTUAL AMOUNT INVOLVED WAS ONLY 50M SHARES. THE OTHER NOTIFICATIONS WERE MERELY REPETITIVE (BUT NEVERTHELESS REQUIRED UNDER THE LISTING RULES). ALL THE NOTIFYING PARTIES WERE DIRECTORS/SHAREHOLDERS OF SMART TOWER S/B AND WERE THEREFORE CONSIDERED HAVING DEEMED INTERESTS IN THE TRANSFER/PLEDGING OF THE SHARES. IF THIS IS CORRECT THEN THE IMPACT AND ITS IMPLICATIONS WOULD BE MUCH LESS.
THE OTHER POINT TO CONSIDER "AS COLLATERAL FOR A 3RD PARTY LOAN". HAVE TO LOOK OUT FOR MORE MARKET NEWS & ANALYSTS'COMMENTS ON ITS PURPOSE AND IMPLICATIONS. MEANWHILE WE HAVE TO DERIVE COMFORT FROM THE FACT THAT NEXTNAT IS WELL MANAGED.

Hi, I am new to the forum. Found it an interesting venue to share facts and views. I had been following especially the facts, info & perspectives provided by chleong. I hope to be able to contribute some useful inputs as we go along.

Regarding Nextnat's 2Q results, I was expecting its profits to be higher as there was supposed to be an extraordinary gain from its disposal of NI.