HIAP TECK RIGHTS, BONUS LISTING date 28/6/16

FGV expects coming quarter results to be positive By OOI TEE CHING - 15 June 2016 @ 1:46

KUALA LUMPUR: Felda Global Ventures Holdings Bhd (FGV) coming quarter results is expected to be positive, as it is seeing improving yields at the estates, said group president and chief executive officer (CEO) Datuk Zakaria Arshad.

“FGV posted losses in the first quarter ended March 2016. Since then, preliminary numbers from the estates show positive results. We're quite confident of getting back into the black going forward,” he said.

The above program is Today 6/5/16

VIVOCOM'S Executive Director Mr Choo Seng Choon is appearing on Bloomberg TV "Dashboard" (Channel 519) Malaysia's Economic/Financial information programme @6pm interviewed by Sophee Kamurrudin. It will be interesting to hear him brief on overall projects.

MIDF; UPBEAT ON VIVOCOM'S POTENTIAL
29TH APRIL 2016

KUALA LUMPUR: MIDF Research is upbeat that Vivocom International Holdings Bhd will be able to clinch projects related to railway construction and engineering, as well as the Refinery and Petrochemicals Integrated Development (Rapid) project in Pengerang, Johor, to add to its order book of RM2.4 billion. “Our assessment derives from its working arrangements with China Railways Construction Corp Ltd (CRCC) and Rapid projects under Technicas Reunidas SA,” it said.

“Additionally, Vivocom has attracted institutional foreign shareholding of 5.4 per cent. The Beijing Construction Engineering Group has also expressed interest to participate in Vivocom’s equity capital structure as well as appoint the firm as its local project delivery partner (PDP).

” MIDF Research said Vivocom, a construction player with high growth potential, was transforming into a serious player within the various segments of the construction value chain as it assumed the roles of project manager as well as that of main and sub-contractor.

“The company is seen as a beneficiary of China’s massive foreign direct investment into emerging economies under their ‘New Silk Road’ development policy,” it said.

“What is more surprising is the rate of its order book replenishment. It has grown by 33 per cent from RM1.8 billion in the third quarter of last year to RM2.4 billion to date, especially in the mixed development construction segment.

“The total construction backlog is indicative of the success of its joint venture strategy with CRCC by acting as the project manager, sub-contractor or a combination of both.

“Vivacom stands as a frontrunner for sub and main contracting jobs or as PDP in most of the projects financed by CRCC as it functions as the local construction partner,” said MIDF Research.

The analyst said Vivocom, which was formerly known as Instacom, was expected to record pre-tax margin rates of between 10 and 12 per cent, which was above the Kuala Lumpur Construction Index average of eight per cent.

“Vivocom’s expected operating margin is illustrative of its business model in project management and sub-contracting.

“Its positions in the construction value chain enables the reduction for construction cost of tender, performance bonds and mobilisation fee,” it said.

Read More : http://www.nst.com.my/news/2016/01/124611/midf-upbeat-vivocoms-potential

The dividend is interim 6 sen if final for the year, compare 2012 to 2013 within 9 months, 5 sen plus 5 sen. This year since profit is good and revenue increase highest so far another 6 sen for final hopefully. LTAT may get institutional buddies to join in the celebrations.
There may be good chase up.

Mr, KYY your generosity in the many different contributions you make, will harness positive energy and return to you. Your extension of good health is surely the positive sign. The omnipresent divine energy is all around and it comes to people who give back to humankind. Surely there will be rebuttal as we are in a fallen world. Be at peace within yourself. God Bless

According to reliable information everything is the same reduction of contracts. Use own judgment to collect more.

It looks like syndicates have successfully created a fear on vivocom shares, what jolt, crcc and vivocom contracts are private initiative.

All factors of pros and cons have been taken into consideration in this forum and debated reasonably. Many blue chip and mid cap companies are shareholder concerned and they subtly make us realize by their revamped proposals,numbers, clauses that they are offering this year something for shareholders goodwill.

Maybe the operators are striking a note here.

"The final quantum of the cash distribution will be determined based on the issued and paid-up share capital of the Company and the number of Treasury Shares held on the Entitlement date". Also as indicated by darreliew as below:

1) potential windfall when the company distributes its 64.959 Treasury shares
2) additionl almost RM10M cash when its share sale of its holdings in PMHOLDINGS eventuates.

So hopefully we are in for a windfall. We have to say 'cheers' to calvintaneng for getting the ball rolling. We could be witnessing the repeat of Tomypak RM1, declared 4sen dividend when it was 40sen. 'Mr Market then chased Tomypak to Rm4.00 (and split)'
Well all the best...cheers

Tommy Lee
When you apply for the rights issue,on the rights share form, you indicate accepting 5,000 rights shares, your entitlement is already there 2warrants and a 1 bonus. It will be deposited in your CDS a/c.

If you had bought the ordinary mother shares earlier, it will be sent to you, written on the RSF, 2 warrants, 1 bonus. on page 1.

Hi Moneyintheair, "the OR is in the money" Tiger wants from us RM191,473,648, surely they want us to make some money, so they are "making the market" very well controlled so far....hoping there is no sell down by big guns or syndicates before listing the rights on 18/2/16.

Hi Michelho8 the OR will be deposited into your CDS account at about 8am on Monday 18/01/16. just sharing ....

Tiger liquidity too large, hope volume maintained to support the new wave!!