ALWAYS A GOOD INVESTMENT TECHNIQUE TO LOOK FOR FUNDAMENTALLY GOOD SHARES SELLING AT THEIR LOW SHARE PRICES. SAFE AND GOT GOOD UPSIDE POTENTIAL

I MADE THE RIGHT CALL FOR SIMILIAR GREAT BUYING OPPORTUNITY WHEN NOTION DROPPED TO 1.12 TWO WEEKS AGO. NOW NOTION HAS BEEN TRADING AT 1.30 FOR THE PAST WEEK.

JTIASA NOW AT 52 WEEK LOW. AND ITS NEXT Q RESULTS NEXT MONTH WILL BE GREAT

HI. PLSE UPDATE IF GOT FURTHER NEWS

CORE BUSINESS N REVENUES ARE FROM ITS OIL PALM PLANTATIONS.
ALREADY REGISTERING HIGHER REVENUES N PROFITS IN ITS LAST QUARTER. ITS NEXT QUARTER WILL BE EVEN BETTER BASED ON THE REPORTED HIGHER MONTHLY HARVESTS N PRODUCTION FIGURES

ITS REVENUES FROM ITS TIMBER IS AN ADDITIONAL BONUS .

GREAT BUYING OPPORTUNITY WITH ITS CURRENT SHARE PRICE NEAR ITS 52 WEEK LOW.
RECENT MONTH'S HIGHS WAS 1.26-1.32

ANNOUNCEMENT SAID DETAILS TO BE GIVEN LATER

ALSO WORKED OUT THE MONTHLY OUTPUT FIGURES AS REPORTED FOR THE LAST 6 MONTHS.
AGREED THAT THE OIL PALM PRODUCTIONS FOR THE QUARTER FROM APRIL TO JUNE WERE MUCH HIGHER THAN THE PRECEDING QUARTER.
HENCE THE COMING 4Q PROFITS WILL BE GOOD.
THE FULL YEAR'S PROFITS WILL THEREFORE BE STRONG

TONYWONG8. THANKS FOR THE INFO

Andry007. YOUR POINTS ARE VALID. THESE ARE ALSO IN LINE WITH CALVIN'S ANALYSIS THAT L&G IS A CYCLICAL STOCK. SINCE ITS PROJECTS HAD BEEN COMPLETED ITS REVENUES AND PROFITS WILL DECLINE FOR THE NEXT FEW QUARTERS (ALREADY SEEN IN THE RECENT QUARTERS AND Y-ON-Y REPORTS). IT NOW HAS ONLY 1 ONGOING PROJECT (DIAMOND) IN SEMEYIH WHICH IT TOOK OVER FROM A ISKANDER BASED CHINESE DEVELOPER. LONGER TERM PROSPECTS ARE OK

HI. PER BURSA REPORT ITS 9M PROFIT WAS 66.5M (NOT 72M)

WAS THERE AN ERROR ?

TQ

DID DETAILED STUDY OF THE COMPANY'S FINANCIALS AS WELL AS CALVIN'S E ANALYSIS.
NOW CONVINCED L& G's FUNDAMENTALS ARE INDEED STRONG.
TODAY BUYING IT AT ITS 12 YEAR LOW OF 0.215 AND TO HOLD IT FOR LONGER TERM INVESTMENT TO REAP ITS GREAT UPSIDE POTENTIAL WILL BE A GOOD STRATEGY

I CAN SEE ITS CASH HOLDING AS AT FYE 31/3/17 TO BE RM383M. POSSIBLY ITS CASH HOARD HAD BY NOW INCREASED TO OVER RM550M WITH THE ADDITION OF CASH FROM ITS RI (less cash used to buy the landbanks).

Can also see that it has almost zero gearing which is good

i mean cash backing per share is 20 sen. how is this computed?

PLSE PROVIDE HOW THE 20 SEN PER SHARE IS COMPUTED

Some readers are still wondering if there is any Final D coming.
Confirmed : NO

B11. Dividend Proposed
No final dividend has been proposed for the financial year ended 31 March 2017.
(per official announcement together with its 4Q results)

WHILE ITS TRUE THAT ITS RIGHTS ISSUE DID RAISED RM377M THIS CASH HAD ALREADY BEEN USED TO PAY FOR THE NEW LANDS PURCHASED. AND THEY NEED TO CONSERVE THEIR CASH FOR HIGH CAPEX FOR PREPARING THESE LANDS FOR FUTURE DEVT.
REQUIRES LONG GESTATION PERIODS OF SOME YEARS BEFORE THEY CAN BE DEVELOPED (EG. APPLCATION FOR LAND USE CONVERSIONS TO HOUSING, NECESSARY INFRASTRUCTURES FOR ACCESSIBILITY. NOTED THAT THERE IS AN ABANDONED HOUSING PROJECT IN THESE ACQUIRED ESTATES. IN MANY SUCH CASES SERIOUS LEGAL PROBLEMS ARE ENCOUNTERED TO RESOLVE SETTLEMENTS WITH THE PURCHASERS, CONTRACTORS AND CREDITORS OF THE ABANDONED HOUSING PROJECT. USUALLY TAKES MANY YEARS TO SETTLE THE LEGAL PROBLEMS. WE CAN ACTUALLY SEE MANY HOUSING PROJECTS ABANDONED MANY YEARS AGO AND REMAINED ABANDONED TODAY. ONE NOTABLE CASE CAN BE SEEN NEAR THE SG BULOH MRT STATION .
THE OTHER NEGATIVE IS THE CURRENT WEAK HOUSING PROPERTY MARKETS IN THE COUNTRY. EVEN GOOD PROJECTS IN PRIME LOCATIONS IN THE KLANG VALLEY AND EVEN ISKANDER JOHORE ARE FACING SLOW AND POOR SALES. WE NEED TO BE CAUTIOUS BCOS KERLING AND SERENDAH ARE NOT PRIME LOCATIONS BUT CONSIDERED SECONDARY, DISTANT AND REMOTE. AND THE LOCAL POPULATIONS ARE TOO SMALL TO ABSORB ANY LARGE HOUSING PROJECTS THERE. NON –LOCALS WILL ALSO BE NOT INTERESTED TO INVEST IN SUCH DISTANT LOCATIONS (MOST PEOPLE HAVE NOT HEARD OF KERLING NOR KNOW WHERE IS THIS PLACE).
BASED ON THE ABOVE I WILL STILL HOLD ON TO MY VIEW THAT THE 2 SEN DIVIDEND IS NO LONGER SUSTAINABLE FOR AT LEAST THE NEXT FEW YEARS. WILL HAVE TO ACCEPT 1 SEN FUTURE DIVIDENDS WHICH YIELDS 4.7% (AND NOT THE HIGH 9% AS TOUTED BY CALVIN)

MY EARLIER POSTING ON 9/7/17 NOT FOUND IN THIS FORUM. HENCE BEING RE-POSTED HERE TO GET MORE FEEDBACKS FROM READERS.
(NEED TO BE MORE CAUTIOUS NOW BCOS WE HAD SOME BAD EXPERIENCES WITH SOME PAST COUNTERS PROMOTED BY CALVIN. LOST MONIES IN PM CORP, MUI, MPCORP, MULPHA. MAYBE WE WERE UNLUCKY THEN BUT NOW WE WANT TO ANALYSE MORE):=

Misleading financials used to promote share.
Its 2 sen annual dividend was touted as one of the highest dividend yield (DY) of 9%. But the drastic Earnings Dilution of its recent Rights Issue of 8 for 5 was conveniently not addressed. Its capital base increased by a huge 1.799B shares . Hence its past years’ 2 sen dividend is NOT sustainable (especially when it suffered a Loss for its 4Q and its full year profits was down by 41.2% YoY. Next Year’s dividend may drop to 1.0 sen and its Dividend Yield will then decrease to only 4.7% ( sharply lower than touted). The much reduced DY IS LIKELY AND MORE REALISTIC BECOS TO PAY THE SAME 2 SEN ON A MUCH LARGER NUMBER OF SHARES WILL REQUIRE MUCH MORE SUBSTANTIAL CASH PAYOUTS. (CAPITAL BASE IS NOW MORE THAN DOUBLED TO 2.98B SHARES). Bear in mind that the Co. ALSO have other financial commitments (especially heavy Capex or Capital Expenditures)
B11. Dividend Proposed
No final dividend has been proposed for the financial year ended 31 March 2017.
(per official announcement together with its 4Q results)

B11. Dividend Proposed
No final dividend has been proposed for the financial year ended 31 March 2017.
(per official announcement together with its 4Q results)

Misleading financials used to promote share.
Its 2 sen annual dividend was touted as one of the highest dividend yield (DY) of 9%. But the drastic Earnings Dilution of its recent Rights Issue of 8 for 5 was conveniently not addressed. Its capital base increased by a huge 1.799B shares . Hence its past years’ 2 sen dividend is NOT sustainable (especially when it suffered a Loss for its 4Q and its full year profits was down by 41.2% YoY. Next Year’s dividend may drop to 1.0 sen and its Dividend Yield will then decrease to only 4.7% ( sharply lower than touted). The much reduced DY IS LIKELY AND MORE REALISTIC BECOS TO PAY THE SAME 2 SEN ON A MUCH LARGER NUMBER OF SHARES WILL REQUIRE MUCH MORE SUBSTANTIAL CASH PAYOUTS. (CAPITAL BASE IS NOW MORE THAN DOUBLED TO 2.98B SHARES). Bear in mind that the Co. ALSO have other financial commitments (especially heavy Capex or Capital Expenditures)

B11. Dividend Proposed
No final dividend has been proposed for the financial year ended 31 March 2017.
(per official announcement together with its 4Q results)

Many of us lost money in PMCORP, MUIIND, MPCORP,MULPHA, ETC.

Regret that the source of the info on its sale of 1Segamat Mall was inaccurate as in fact “ TDSB has yet to fulfil certain of the conditions precedent of the SPA. “
This actually means the buyer can legally back out and cancel the SPA by deciding not to fulfil the conditions precedents as mentioned.
If this happens then it will be a significant set back for Ecofirs bcos the sale( if completed )can help to reduce its high gearing/borrowings of RM231M (as at 28/2/17) . The sale can also be an additional source of funding for its AmpangUkay project

ECOFIRST CONSOLIDATED BHD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description ECOFIRST CONSOLIDATED BHD ("ECB" OR "THE COMPANY")

PROPOSED DISPOSAL OF THE 1SEGAMAT PROPERTY AND CAR PARK RIGHTS ("SUBJECT PROPERTY") BY TASHIMA DEVELOPMENT SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF ECOFIRST CONSOLIDATED BHD TO MTRUSTEE BERHAD (FORMERLY KNOWN AS AMTRUSTEE BERHAD), THE TRUSTEE OF HEKTAR REAL ESTATE INVESTMENT TRUST FOR A CASH CONSIDERATION OF RM104.0 MILLION ("PROPOSED DISPOSAL")
(Reference is made to ECB’s announcements dated 10 June 2016 and 9 January 2017 in relation to the Proposed Disposal (“Announcements”). Unless otherwise stated, all abbreviations used herein shall have the same meanings as those used in the Announcements.)



On 9 January 2017, the Board of Directors of the Company announced that the Conditional Period had been extended from 10 January 2017 up to 9 July 2017 (“First Extended Conditional Period”).

The Board of Directors of the Company wishes to announce that as at the date of this announcement (being the business day of the First Extended Conditional Period), TDSB has yet to fulfil certain of the conditions precedent of the SPA.



In this regard, TDSB and Hektar Asset Management Sdn Bhd, the Manager of Hektar-REIT, had by way of an exchange of letters dated 7 July 2017, mutually agreed to extend the First Extended Conditional Period for a period of up to 1 month i.e. up to 9 August 2017.

SOMEONE HAS SO MUCH STOCK TO SELL.
YESTERDAY ALSO ONE BIG SELLDOWN AT 1.12
TODAY AGAIN ANOTHER SELLDOWN.
WONDER WHATS WITH THIS GUY

JUST BEING CAUTIOUS
2 Main Worries :
1Trump pledges to act 'very strongly' on North Korea missile threat
The U.S. will move on its own if Russia, China don't support it, Trump says
Could include Naval Blockage and Search/Seize N. Korean cargo ships for weapons shipments (allowed by U.N. bcos N.K broke UN resolutions
2) Trump reportedly 'hell-bent' on imposing steel tariff despite objections from most advisors
US considering broad-scale measures to fight steel dumping: Wilbur Ross
• The United States might have no choice but to resort to "broad-scale" measures to fight the problem of steel dumping, said Commerce Secretary Wilbur Ross.

Art Cashin warns of a 'major shudder' in the market if Trump imposes steel tariff
• Axios reports that the Trump administration is "hell-bent" on imposing tariffs on imports including steel.
• "I think people would worry about trade wars and where we are going from there," Art Cashin says.
(WILL BE BAD IF TRADE WARS STARTS WITH 20% IMPORT TAX TARIFFS AGAINST CHINESE AND EU STEEL)

2 Main Worries :

1)Trump pledges to act 'very strongly' on North Korea missile threat
The U.S. will move on its own if Russia, China don't support it, Trump says

Could include Naval Blockage and Search/Seize N. Korean cargo ships for weapons shipments (allowed by U.N. bcos N.K broke UN resolutions)

2) Trump reportedly 'hell-bent' on imposing steel tariff despite objections from most advisors
US considering broad-scale measures to fight steel dumping: Wilbur Ross
• The United States might have no choice but to resort to "broad-scale" measures to fight the problem of steel dumping, said Commerce Secretary Wilbur Ross.

Art Cashin warns of a 'major shudder' in the market if Trump imposes steel tariff
• Axios reports that the Trump administration is "hell-bent" on imposing tariffs on imports including steel.
• "I think people would worry about trade wars and where we are going from there," Art Cashin says.
(WILL BE BAD IF TRADE WARS STARTS WITH 20% IMPORT TAX TARIFFS AGAINST CHINESE AND EU STEEL)

EPF IS PARCELLING OUT ITS KUWASA DAMANSARA LAND VIA J/Vs TO 20 DEVELOPERS.
SYMLIFE CAN ADOPT THE SAME J/V METHOD TO EXPEDITE ITS DEVELOPMENT OF ITS SG LONG LANDBANK

SYMLIFE IS CAPABLE OF DEVELOPING ITS SG LONG LANDBANK ON ITS OWN BUT DUE TO ITS HUGE ACREAGE IT MAY HAVE TO DEVELOP IT MORE GRADUALLY.

TO DO IT VIA SEVERAL STRATEGIC J.V PARTNERS SYMLIFE WILL INSTANTLY BECOME A RAPID GROWTH COMPANY. FASTER N GREATER VALUES WILL BE CREATED FROM ITS SG LONG LAND.

THIS CAN BECOME THE GREAT PRICE CATALYST FOR SYMLIFE

IDEALLY IT WILL BE BEST TO SIGN UP SEVERAL STRATEGIC JOINT VENTURE PARTNERS FOR ITS HUGE SG LONG LANDBANK WITH EACH PARTNER ALLOTTED CERTAIN PARCELS. PROSPECTIVE PARTNERS INCLUDE UM LAND( ITS PARTNER FOR ITS RUN AWAY SUCCESS "STAR RESIDENCES"). ECOWORLD FOR ITS PROPERTY DEVELOPMENT EXPERTISE AMD GOOD BRAND NAME. KWAP CAN ALSO BE ROPED IN FOR ITS DEEP CASH RESOURCES.

SYMLIFE PROVIDES ITS LAND (WHICH IT ALREADY OWNS AT VERY LOW COSTS (BOOK VALUE RM8 PSF) WHILE THE PARTNERS WILL UNDERTAKE THE CONSTRUCTION WORKS AND BEAR THE COSTS. THE COMPLETED UNITS TO BE APPORTIONED AS AGREED.

BIG ADVANTAGES TO SYMLIFE :-
1) WITH SEVERAL J/V PARTNERS CARRYING OUT THE DEVT, THE LANDBANK CAN BE DEVELOPED FASTER . GDVs AND REVENUES/PROFITS CAN BE GENERATED FASTER
2) MINIMAL COSTS,LOWER GEARING AND BETTER FREE CASH FLOWS FOR SYMLIFE AS IT MAINLY PROVIDES THE LAND WHILE THE J.V PARTNERS WILL BE RESPONSIBLE FOR THE COMPLETION OF THE DEVELOPMENTS
3) SYMLIFE'S PROFITS WILL INCREASE RAPIDLY AND BE ABLE TO PAY OUT HIGHER DIVIDENDS

TECHNICAL POSTING ERROR.
SHOULD BE " to be further supported by the recurring rental incomes from its South City Plaza (revised upward by rm4m to rm16m annually. Many long term tenants are from private colleges/universities)

SG LONG LANDBANK. ITS HUGE AND IS RIPE FOR DEVELOPMENT TO UNLOCK ITS VALUE FOR SHAREHOLDERS. BOOK VALUE ONLY AT RM8 PSF. BASED ON CURRENT MARKET VALUATION ITS UPSIDE POTENTIAL WILL ALSO BE HUGE.
AGREES WITH AN EARLIER POSTING THE DESIRABLE CATALYST WILL BE SIGNING A CASH RICH JOINT VENTURE PARTNER LIKE KWAP TO DEVELOP IT.
THIS LANDBANK ALONE WILL SUSTAIN AN INCREASING FLOW OF REVENUES AND PROFITS FOR SYMLIFE FOR THE NEXT 10 YEARS
WHEN THIS HAPPENS IT WILL BECOME A REALLY GREAT PRICE CATALYST. HAS THE POTENTIAL TO GO LIMIT UP.
IT CAN BECOME A REALITY. THEIR JOINT VENTURE WITH UM LAND FOR ITS VERY SUCCESSFUL STAR RESIDENCES NEAR THE ICONIC PETRONAS TWIN TOWERS IS A GOOD EXAMPLE.

GOOD EARNINGS VISIBILITY IS VERY IMPORTANT TO SUPPORT ANY SHARE PRICE UPTREND. WE GOT THIS FROM ECOFIRS (10 YEAR GDV CUM EARNINGS VISIBILITY FROM ITS 87 ACRES AMPANG-UKAY PROJECT (EST. GDV RM5B AND WITH ITS 1ST PHASE WORTH RM606M ALREADY SOLD >90% AND PROGRESS WORK ALREADY COMPLETED FOR ITS PILING/FOUNDATION AND INFRASTRUCTURE WORKS). TO BE FURTHER SUPPORTED BY ITS RM400M J/V PROJECT WITH IGB AT BUKIT DAMANSARA TO BE S SOUTH CITY PLAZA KL MALL (MANY LONG TERM TENANTS FROM PRIVATE COLLEGES/UNIVERSITIES)

WE CAN FOCUS ON THE UPCOMING 4Q RESULTS TO BE ANNOUNCED IN THE NEXT FEW WEEKS. BASED ON THE GOOD SALES/GDV OF THEIR 2 ONGOING PROJECTS, ITS REVENUES AND PROFITS WILL BE GOOD

EXAMPLE: TEOH SENG AUN WHO SOLD VIA DIRECT DEALS STILL HOLD 73.7M SHARES IN ECOFIRS. PRIVATE REASONS CAN INCLUDE ALLOCATIONS FOR RELATIVES, ETC OR FOR STRATEGIC BUSINESS REASONS. ITS SIGNIFICANT THAT THESE MAJOR SHAREHOLDERS STILL HOLDS SUBSTANTIAL INTEREST IN THE COMPANY

GROUP ECO/EXECUTIVE DIRECTOR TIONG KWING HEE HAD RECENTLY BEEN BUYING MORE

THESE WERE DIRECT DEALINGS WHICH ONLY REPRESENT A SMALL FRACTION OF THEIR SHAREHOLDINGS. SUCH DEALS CAN BE FOR PRIVATE REASONS . THEIR REMAINING SHAREHOLDINGS ARE STILL VERY SUBSTANTIAL. THUS REFLECTING THEIR CONTINUED CONFIDENCE IN ECOFIRS

TREASURY SHARES. SYMLIFE HOLDS 438,329 OF TREASURY SHARES WHICH IT CAN EASILY DECIDE TO DISTRIBUTE TO ITS SHARE HOLDERS. POSITIVE FOR SHAREHOLDERS' GOODWILL AND YET DO NOT AFFECT ITS CASH FLOWS AND NO EARNINGS/EPS DILUTION.
GOOD TO PROPOSE THIS AT THE COMING AGM

AGM FOR LAST YEARS WAS ANNOUNCED ON 27TH JULY SETTING THE DATE FOR ITS ANNUAL GENERAL MEETING ON 24/8/16

HENCE ITS SHARE PRICE WILL LIKELY GATHER STRONGER UPWARD MOMENTUM THIS MONTH

MANY POSITIVE CATALYSTS TO STRENGTHEN THE PRICE UPTREND OF SYMLIFE THIS MONTH AS WE MOVE CLOSER TO :-

ITS ANNOUNCEMENT THIS MONTH TO SET THE DATES FOR ITS AGM AND THE EX-DATE FOR PAYMENT OF ITS 3 SEN DIVIDEND IN AUGUST

RELEASE OF ITS 1Q RESULTS. LIKELY A MUCH STRONGER SET OF RESULTS AS ITS 4Q RESULTS DID NOT INCLUDE ITS BIG UNBILLED SALES FOR ITS HIGHLY SUCCESSFUL STAR RESIDENCES

WILL DO MORE RESEARCH TO PROVIDE MORE DETAILS ON THESE UPCOMING CATALYSTS

AGMS IN THE PAST WERE HELD IN SEPTEMBER EXCEPT FOR ITS LAST ONE WHICH WAS HELD IN LATE AUGUST

Ecofirs : The Next Symlife (which share price is now already at 1.00)

The Next MidValley.

Both can become realities based on the expected much improved 4Q results to be released by this month end. And this will start off an uptrend in profits and share price sustained by its prized Ampang-Ukay 87 acres project (Freehold 87 acres fronting MMR2 and well connected by an excellent network of highways and public transport facilities. In the centre of the Klang Valley and within the Greater Golden Triangle with near/easy access to The ICONIC PETRONAS TWIN TOWERS- Bukit Bintang Tourist Commercial Belt
(That's the reason for it securing >90% sales for its 1Phase (launched in March2017)
1st Phase GDV RM606M.
Aggregate GDV RM5B with increasing Earnings Visibility sustainable over 10 years.

Worthwhile to keep for long term investment

REASONABLY GOOD ENTRY POINT WITH SHARE PRICE STILL AT A LOW LEVEL AND WITH UPCOMING POSITIVE NEWS FLOW SOON WITH THE SOON TO BE ANNOUNCED 4Q RESULTS WITH INDICATIONS OF SIGNIFICANT INCREASING PROFITS N PROSPECTS

ANOTHER POSITIVE WILL BE THE LAUNCHING OF ITS BUKIT DAMANSARA HIGH END J/V PROJECT WITH IGB TO BE LAUNCHED IN THE NEXT FEW MONTH . GDV 400M

BASED ON THE FACTS :
. COMPLETION OF ITS HIGH END UPPER EAST PROJECT IN IPOH (GDV 302M)
. >90% SALES OF ITS 1ST PHASE AMPANG-UKAY PROJECT (GDV 606M) (The Next MidValley)
JUST A RECOGNITION OF 15% OF ABOVE GDVs WILL REGISTER RM136M REVENUE FOR 4Q MAKING A TOTAL REVENUE OF 198M FOR 12 MONTHS FYE 31/5/17.
4Q PROFITS CAN BE 17M (JUST A NET MARGIN OF 12.5%) MAKING A TOTAL FULL YEAR PROFITS OF 24.8M (EPS 3.08 SEN.)
BASED ON BURSA PROPERTY SECTOR P.E. OF 15.5x, ECOFIR's Fair Value/Price Target 0.47

(EXCLUDING OTHER POSITIVE FACTORS LIKE SALE OF 1SEGAMAT MALL FOR RM104M CASH. IF COMPLETED BY 31/5/17. ITS 4Q /FULL YEAR PROFITS WILL INCREASE BY CAPITAL GAIN OF 2.4M.
ANOTHER POSITIVE IS THE UPWARD REVISION OF TENANCY RATE FOR ITS SOUTH CITY PLAZA KL INCREASING ITS RECURRING RENTAL INCOME BY 4M TO 16M .
RM5B GDV FOR ITS AMPANG UKAY 87 ACRES FREEHOLD PROJECT SUSTAINING ITS EARNINGS FOR THE NEXT 10 YEARS

PROMISING PROSPECTS FOR ECONFIR

CORRECT. THIS MEANS NOTION HAD RECENTLY ADDED CASH RESERVES OF RM66.3M WHICH ARE BEING PUT TO PRODUCTIVE USE FOR ITS NEW HIGH TECH PRODUCTION FACILITIES IN JB. WILL ALSO RESULT IN HIGHER FREE CASH FLOWS AVAILABLE FOR CONTINUING ITS QUARTERLY DIVIDENDS AND SPECIAL DIVIDENDS.

RECENT BUSINESS REPORTS POINT TO HIGH DEMAND ORDERS FOR ITS HIGH PRECISION PRODUCTS (ESPECIALLY ITS MOTOR PARTS AND CAMERA LENS DIVISIONS) FROM ITS GLOBAL CLIENTS.
POSITIVE INDICATIONS FOR SIGNIFICANT UPTREND IN ITS QUARTERLY RESULTS/PROFITS

TRUE BUT STRONG GROWTH IN EPS ALREADY SEEN IN THE LATEST QUATERLY RESULTS N THE IMTERNATIONAL ORDERS FOR ITS HIGH TECH PRECISION PRODUTS ARE GROWING ROBUSTLY.
NEXT QUARTERLY RESULTS WILL BE EVEN STRONGER

NOTION WILL ACHIEVE STRONG BUSINESS GROWTH WHICH WILL LOWER ITS P.E.s.






NOTION ON TRACK TO ACHIEVE STRONG BUSINESS AND PROFIT GROWTH WHICH WILL LOWER ITS P.E. JUST RECEIVED RM65M CASH FROM ITS PRIVATE PLACEMENT N FROM EXERCISING OF ITS WARRANTS. BIG CASH PILE TO SUPPORT ITS NEW HIGH TECH PRECISION PRODUCTS IN ITS J.B. FACTORIES FOR ITS NEW INTERNATIONAL CLIENTS

SELLING FROM ESSOS ENTITLEMENTS IN FACT HAVE VERY LIMITED IMPACT ON ITS SHARE PRICE. SHARES DERIVED FROM ESSOS HAD BEEN BEEN HAPPENING FOR A LONG TIME. THE QUANTUM OF ESSOS SHARES IS ALSO LIMITED. MOREOVER SENIOR STAFF WHO GOT MORE ESSOS THAN THE GENERAL STAFF NORMALLY WILL HOLD ON THEIR SHARES TO EARN ITS FREQUENT DIVIDEND PAYOUTS N TREAT IT AS LONG TERM INVESTMENTS( IN VIEW OF THEIR COMPANY'S GOOD BUSINESS PROSPECTS) .
HENCE ITS SHARE PRICE WAS ABLE TO TOUCH ITS RECENT HIGH OF 1.35

Kenanga's Price Target is 1.66

Recent price high was 1.35
Kenanga price target is 1.56 per its Report above

BIG JUMP IN COMING QUARTERLY PROFITS EXPECTED BASED ON ALL THE POSITIVE ANALYST' REPORTS GIVEN IN THE ABOVE HEADLINES IN THIS FORUM.
LAST MONTH RECEIVED TOTAL ADDITIONAL CASH RESOURCES OF RM66M FROM PRIVATE PLACEMENTS AND CONVERSIONS OF ITS WARRANTS.. BEING PUT TO PRODUCTIVE USE FOR ITS CAPACITY EXPANSIONS ON ITS JB FACTORIES (INCLUDING FOR ITS NEW/ADDITIONAL ENGINEERING/TECHNOLOGY INDUSTRIAL PRODUCTS FOR ITS NEW INTERNATIONAL CLIENTS.
IN LINE WITH BIG INCREASES IN PROFITS WILL LEAD TO HIGHER QUARTERLY DIVIDENDS PAYOUTS

GREAT BUYING OPPORTUNITY AT PRESENT LEVEL FOR A COMPANY WITH GREAT BUSINESS GROWTH

CAPABLE MANAGEMENT TEAM. MANAGED BY WELL QUALIFIED DIRECTORS