Almost 100% gain from SMRT if HL is correct and you believe in 三哥。

Can’t agree more with OTB and the same appreciation to dragon328.

HL : Maintain BUY with an unchanged TP of RM2.28, as we ascribe a P/E multiple of 30x for SMRT pegged to FY26f earnings. Considering the substantial earnings potential arising from the utilities and financial services sectors and the growing recurring earnings base, we find SMRT's current FY26 forward P/E of 14.9x to be undemanding, making it a compelling case. The proliferation of managed site post site deployed will lead to a steady growth in the recurring income base.

Kerjaya Prospek bags RM275.3mil job from E&O
https://www.klsescreener.com/v2/news/view/1376999/kerjaya-prospek-bags-rm275-3mil-job-from-e-o

KGB higher TP at RM3.90 by RHB

https://www.klsescreener.com/v2/news/view/1375151

KERJAYA集团 KERJAYA产业 东家集团

拥有3家上市公司的拿督斯里郑荣和，从商以来的经营理念一直保持不变，那就是务实地发展业务，让公司顺其自然地成长。

目前，他持有KERJAYA集团（KERJAYA，7161，主板建筑股）、KERJAYA产业（KPPROP，7077，主板产业股）及东家集团（E&O，3417，主板产业股），市值合计约55亿令吉。

郑荣和接受《东方产业GPS》专访时，分享了他过去30年打拼事业的一些历程。

郑荣和表示，他是马六甲人，从小就对建筑业有浓厚的兴趣，而这也成为他的终身事业。

倒置收购　打造商业帝国

郑荣和是在1995年创业，当时他掏出6万令吉存款，与妻子拿汀卓秀全及弟弟郑荣成一起成立了Kerjaya Prospek公司，正式进军建筑领域。

随著公司业务日益壮大，郑荣和2016年通过倒置收购富德（Fututec），让KERJAYA集团在马股上市。

2019年，他持有的KERJAYA产业又倒置收购GSB集团，成为另一家上市公司，加上2021年全面收购东家集团，就此打下市值高达半百亿的商业版图。

“我至今依然记得，Kerjaya Prospek公司成立第一年时，拿到的建筑合约价值670万令吉。”

诚信赢口碑　二闯金融风暴

郑荣谈到，过去30年一直是按部就班地打拼事业，从不可急功近利。只要有诚信，公司就能赢得口碑。

询及创业至今遇过最大的难关，郑荣和回应说，1998年和2008年两场金融风暴是最大的挑战。

但他强调，即便如此，凭借稳健的业务基础，公司在金融风暴期间依然持续赚钱，只是赚得比较少。因此，公司也从未间断地向政府纳税。

郑荣和认为，不论人生、职场或经商，只要保持冷静及以积极态度看待事情，任何问题皆可迎刃而解。

“面对任何问题，我们都不须要紧张。今天没有办法解决的问题，就留到明天才解决。因为你明天可能就有新思维和想法，便能找到解决方案。”

不忘环保　实践ESG

另一方面，郑荣和谈到，其建筑与产业公司积极发展业务之馀，也不忘实践环保、社会责任和企业治理（ESG）。

这是KERJAYA集团、KERJAYA产业和东家集团一直努力的发展方向。

“我们早在2018年，就已经开始实践ESG。这包括确保建材符合环保标准，还有进行一些企业公益活动（CSR）。”

https://www.klsescreener.com/v2/news/view/1367947

2.03 is not expensive lei.

Big thks for the great comments and advise especially to those new players. Looking forward for more good articles from you.

Indo was chosen for coal burning which is cheaper than gas burning in Msia and Thai.

Intco ventures into Indonesia and so far the progress is good and Intco is optimistic. But some industry players foresee Intco will face challenges as many others encountered in Indo.

However TP to Harta by MBB is still at RM 4.28. Not bad if you agree to it.

Maybank ib visited Intco and Blue sail in China and concluded Malaysia gloves uncertainty.

https://www.malaymail.com/news/money/2024/07/30/maybank-ib-downgrades-glove-sector-to-tactical-positive-amid-persistent-challenges/145445

KUALA LUMPUR (July 29): Kelington Group Bhd (KL:KGB) has entered into a conditional share sale agreement (SSA) to acquire 2.53 million ordinary shares in Ace Gases Sdn Bhd for RM35.69 million.

In a Bursa Malaysia filing Monday, Kelington said the acquisition represents the remaining 9.29% equity interest and will allow it to fully control Ace Gases.

“The SSA is to be satisfied via cash consideration amounting to RM10.07 million cash and issuance of 7.59 million new ordinary shares in Kelington at an issue price of RM3.37 per share,” it said.

Kelington said that the acquisition would provide greater flexibility in planning and implementing long-term strategies for its business and services, enhancing its growth potential.

“In view of Ace Gases’ financial performance in recent years and its diverse geographical market coverage, Kelington may have the potential to pursue additional growth opportunities within the industrial gas industry,” it said.

Kelington said the proposed acquisition is expected to be completed in the second half of 2024.

UOB Kay Hian has been appointed to act as the adviser.

Uploaded by Lam Seng Fatt

TP by HL is RM1.14.

HL has a Buy Call for FocusP for years already even when the price was lower than 70cts then.

Not enough so averaging up today at 2.06.

First TP at RM1.38 by HL and Mercury was hit now. How high will 阿三哥go?

三哥，up up again.

三哥is catching up the movement of the main market.

Make good sense.

Good price movement

Any idea why KGB keeps on dropping while the main market is going up?

Positive cash flow.

https://klse.i3investor.com/web/blog/detail/taresearch/2024-07-15-story-h-156962545-Focus_Point_Holdings_Berhad_Growth_Intact
TP: RM1.11 (+31.6%)
Good ROE, net cash, growth potential, good div yield. Meet criteria as a good stock and with inexpensive entry price. Can keep for long term. But the price movement is very boring, good for old investors.

Entry – RM-1.15 – RM1.16
Stop Loss – RM0.910
Target Price – RM1.195 – RM1.380
Source: Mercury Securities Research - 15 Jul 2024

HL gave TP at RM1.38 with pe 20.

a much delayed north up movement

Si Ko Lai Liao.

Hi York York: are you still here. Any news to update ?

Relevant information.

Kerjaya Prospek seeks to replenish land bank https://www.klsescreener.com/v2/news/view/1355125

Thks for the info. This is interesting.

Announced 1:1 bonus in 7Jul2021, will KGB announce bonus again in Jul 2024?

See who has the best patience and stamina.

The SBL cannot last forever

I believe Inari will go much higher one fine day.

Guess this activity will not stop as long as the institution player borrows Inari from the mass market via SBL program. It’s now at 1.5% interest.

Believe so. And will go much higher.

Reasonable price to go in at 1.86. Good luck.

SBL is still borrowing Inari from the market at 1.5% rate. What does this hint?

https://www.cnbc.com/2024/06/07/ai-chipmaker-broadcom-gets-wall-street-praise-ahead-of-earnings.html
Broadcom-AI Chip-CEO Tan=Penangite-close biz relationship with Inari.

Bought in for the expected 5.8% yield and leadership from DBS

Maintain BUY with a higher TP of RM1.95 (from RM1.50) based on SOP valuation.
HL.

the DC could start contributing to Mah Sing’s earnings in FY26.

For Mah Sing 20% stake, the share of annual profit for a fully utilized 100MW capacity is around RM25m.

Under the JV, Mah Sing will contribute the land to the JV in exchange for a stake in the
JV, estimated to be above 20%. The land to be injected in the JV is valued at RM160psf,
a discount from RM200psf from surrounding land. Its JV partner, BDC is a leading DC
provider in the Asia-Pacific region, focusing on the design, construction, and operation
of state-of-the-art data centres. This JV aims to diversify Mah Sing's revenue streams,
emphasizing on recurring income and strategic growth beyond traditional property
development. This move unlocks immediate value for its currently idling Southville City
land

great move, MahSing

Yes, 5 cts per qtr again. 5x4=20 cts x pe15=rm3.

Good name