33 cents dividend? dont bluff lah

There were several new project developments in the pipeline that have yet to generate revenue but
have already contributed to the significant costs increased in the current quarter. Amongst others,
were spending on travelling, new production line setup, product development costs, hiring of new
indirect headcounts and increased fixed costs due to upfront capital investments totalling
approximately RM0.7 million.

wait for next quarter

Total revenue for the first quarter ended 30 September 2019 was RM32.3 million, a drop of
approximately RM24.4 million from RM56.7 million in the preceding year corresponding quarter.
This was primarily attributable to the lower sales volume from the current running products and
the new generation headsets. The forecast volume for the new generation headsets have increased
but order fulfilment is constraint by material lead time. The situation is expected to normalise in
the next quarter.

fly to peak

today QR?

Another Round!

MATERIAL LITIGATION IKHMAS JAYA GROUP BERHAD ("IJGB" OR "THE COMPANY") - KUALA LUMPUR HIGH COURT SUIT NO: WA-22C-64-08/2018 IKHMAS JAYA SDN BHD ("IJSB" OR "PLAINTIFF") VS ASM DEVELOPMENT (KL) SDN BHD ("ASM" OR "DEFENDANT")

wow... 3M bought at 1.24

indigestion continues...

Amanahraya sell
EPF buy

neutralize

wait and see

2.00 possible next month if good result

EPF: hehe we will collect more starts from now.

Up to the sky and back to earth again..

MYEG PHILIPPINES LAUNCHES FIRST PHASE OF DIGITAL E-GOVT SERVICES IN PARTNERSHIP
WITH LANDBANK
Strengthens Position as Top E-Government Portal in Philippines
Petaling Jaya, 20 November 2019 –MYEG Philippines, Inc. (“MYEG Philippines”) continues to make
notable progress in reinforcing its position as the country’s leading e-government portal with the
commencement of its online services in partnership with Land Bank of the Philippines (“LANDBANK”),
bringing added convenience to the people of the Philippines in transacting with the government.
Among the initial payee agencies and merchants activated as part of the first phase of this service offered
on MYEG Philippines’s online platform are:
● Philippine Charity Sweepstakes Office
● Philippine National Police
● Land Bank Master Card
● LandBankoop
● Air21 Global Inc
● Cagayan Electric Power and Light Co. Inc
● Cagayan I Electric Cooperative Inc
● Cignal TV Inc
● City Government of Cagayan De Oro
● City Government of Davao
● City Government of Tanauan
● City of San Pedro Laguna
● Converge Information Communications Technology
● Environmental Management Bureau Central Office
● Leyte Metropolitan Water District


More payee agencies and merchants are expected to be onboarded progressively in subsequent phases
of the ongoing implementation of the service.
The launch of the service is a realization of a partnership between MYEG Philippines and LANDBANK
that entails the implementation and integration of MYEG Philippines’ Electronic Payment and Collection
System by LANDBANK. As the official depository bank of the Philippines and a fully government-owned
entity, LANDBANK has more than 400 enrolled merchants, comprising national government agencies,
local government units, as well as private enterprises.
Filipinos now have the convenience of being able to transact online through MYEG Philippines's portal
with LANDBANK’s enrolled government agencies and merchants and pay through their preferred methods
– be it electronically or physically at any of MYEG Philippines’s over 40,000 over-the-counter locations.
The commencement of the new service marks the latest offering by MYEG Philippines, complementing
its other existing online services such as National Bureau of Investigation clearance and renewal and
further solidifying its leading position as the preferred single window for Filipinos to not only transact
hassle-free with all levels of government, but also to easily access a broad range of commercial products
and services, such as insurance coverage and personal loans.
‘With 12 million users per annum and growing, the immense opportunity there means that Philippines is
definitely an increasingly important market for us.’ explained TS Wong, Group Managing Director of MY
E.G. Services Bhd.

Land in Semenyih near nirvana

next move: sell company.. The End.

walao eh

http://www.investlah.com/forum/index.php?topic=20841.3900

factslim1 G3 to collaborate with major Taiwan-based company to develop graphene-enhanced polyetheretherketone-based products


Global Graphene Group leh....

haiz...

asm countered back with their reason.. feud between them continues



IKHMAS JAYA GROUP BERHAD (“IJGB” OR “THE COMPANY”)
KUALA LUMPUR HIGH COURT SUIT NO: WA-22C-96-11/2019
ASM DEVELOPMENT (KL) SDN BHD vs IKHMAS JAYA SDN BHD
1. INTRODUCTION
The Board of Directors of IJGB wishes to announce that the Solicitors of Ikhmas Jaya Sdn.
Bhd. (“IJSB”), a wholly owned subsidiary of the Company, had on 14 November 2019
received a sealed copy of the Writ of Summons (“Writ”) and Statement of Claim (“SoC”) from
the solicitor of ASM Development (KL) Sdn Bhd (“the Plaintiff”).
2. DETAILS OF THE CIRCUMSTANCES LEADING TO THE FILING OF THE WRIT AND SOC
The Plaintiff is the owner of a project known as “Cadangan Pembangunan 39 Tingkat yang
mengandungi 7 blok pangsapuri servis (4214 unit) iaitu : Blok A-29 Tingkat (678 unit), Blok
B-29 Tingkat (618 unit), Blok C-29 Tingkat (560 unit), Blok D-29 Tingkat (678 unit), Blok E29 Tingkat (618 unit), Blok F-29 Tingkat (560 unit), Blok G-29 Tingkat (502 unit), 8 Tingkat
podium tempat letak kereta, 7 tingkat ruang perniagaan (Aras 1-7), 1 tingkat aras kemudahan
(Aras 9), 4 tingkat tempat letak keraeta (Aras LG1, basement 1, basement 2 dan basement
3) di atas Lot 36190, Mukim Petaling, Kuala Lumpur (“the Project”).
The Project is divided as follows:-
a) Package 1A - Diaphragm Wall and 1 No. Test Pile; and
b) Package 1B - CBP Wall, Bore Pile, Rock Excavation, Earthwork, Earthening
System, Basement 3 to Level LG1 and Plunging Column.
Both Package 1A and Package 1B are hereinafter collectively referred to as "the Works".
IJSB had been awarded by the Plaintiff the Works and that IJSB would use reasonable skill
and care in undertaking the Works in accordance to the design prepared by the Plaintiff’s
Consultant.
The Plaintiff claimed that IJSB had delayed in completing the Works, is in breach of the
agreement and works done by IJSB were defective for the Project. The Consultant of the
Plaintiff had terminated the contract and services of IJSB. As a result of the above, the Plaintiff
was obliged to employ another contractor, to complete the Works at an increased price.
3. DETAILS OF THE CLAIM
The Plaintiff made the following Claims against IJSB:-
a) damages for negligence to be assessed; or alternatively
b) the sum of RM1,841,517.57 being cost for the set-off item including the increase in
cost for diaphragm wall;
c) the sum of RM1,600,000.00 being the costs of rectifying diaphragm wall constructed
without water-stop (Non Compliance Record issued) and costs of re-strengthening
of the diaphragm wall;4 and
2
d) the sum of RM3,512,101.13 being the costs of rectifying defective diaphragm walls
where the steelbars were exposed, wall bulging beyond tolerant and leakage at
panel joint for Basement 1;
e) sum of RM4,571,207.22 being the costs of rectifying defective diaphragm walls
where the steelbars were exposed, wall bulging beyond tolerant and leakage at
panel joint for Basement 2;
f) the sum of RM640,320.00 being the costs of rectifying CBP Wall constructed for
using understrength (defective) T40 rebar and casting concrete without
Consultant approval and pile necking (Non Compliance Record issued) and costs
of re-strengthening;
g) the sum of RM300,000.00 being the costs of rectifying defective CBP walls hacking
bulging from gridline N to D at Basement 2, Basement 1 and LG Floor;
h) the sum of RM530,721.30 being the costs of rectifying defective CBP walls hacking
bulging claimed by third party contractor;
i) the sum of RM330,000.00 being the supervision fee for rectification works;
j) interest at the rate of 5% per annum from the date of judgment until full and final
settlement;
k) costs; and
I) such further or other relief as the Honourable Court may deem fit.
4. FINANCIAL AND OPERATIONAL IMPACT
The Company is currently assessing the financial and operational impact on the Group for
the financial years ending 31 December 2019 and 31 December 2020 and a separate
announcement will be made on the same accordingly.
5. DIRECTORS’ AND MAJOR SHAREHOLDERS INTEREST
None of the Directors and/or Major Shareholders of IJGB and/or persons connected to them
have any interest, direct or indirect in the Writ and SoC.
6. STEPS TAKEN IN RESPECT OF THE WRIT AND SoC
The Management is of the view that the Plaintiff does not have sufficient legal grounds for
the claims.
The Company is in consultation with its solicitors on the appropriate action to be taken to
ensure that the rights of the Company are protected.
This announcement is dated 15 November 2019.

qtr result released.. increasing abit

Holy Moly

亚航提供其他航空的服务飞往马德里与更多目的地

https://newsroom.airasia.com/news/airasia-expands-offering-to-include-other-airlines-on-airasiacom-ch

Posted by human > Nov 15, 2019 5:59 PM | Report Abuse

Any search to know these are the mouse models?

Unfortunately no..

When will they announce qtr result?

MATERIAL LITIGATION SUNWAY CONSTRUCTION GROUP BERHAD ("SUNCON") - LEGAL PROCEEDINGS INSTITUTED BY PNSB ACMAR SDN BHD AGAINST PRASARANA MALAYSIA BERHAD AND SUNWAY CONSTRUCTION SDN BHD
SUNWAY CONSTRUCTION GROUP BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description SUNWAY CONSTRUCTION GROUP BERHAD ("SUNCON")
- LEGAL PROCEEDINGS INSTITUTED BY PNSB ACMAR SDN BHD AGAINST PRASARANA MALAYSIA BERHAD AND SUNWAY CONSTRUCTION SDN BHD
We wish to announce that PNSB Acmar Sdn Bhd (“Plaintiff”) has on 14 November 2019 served a Writ of Summon and a Statement of Claim both dated 8 November 2019 on Prasarana Malaysia Berhad (“Prasarana”) (1st Defendant) and Sunway Construction Sdn Bhd (“SCSB”) (2nd Defendant), a wholly-owned subsidiary of SunCon.

The Plaintiff is claiming that all the construction works in relation to the project known as “Construction and Completion of Light Rail Transit Line 3 (LRT3) from Bandar Utama to Johan Setia” (“Project”) and the structures such as the Project’s poles, bars, and LRT stations had trespassed and/or encroached into the Plaintiff’s own development project area and has resulted in losses and damages towards the Plaintiff.

Prasarana is the owner of the Project and SCSB is the awarded Works Package Contractor for the contract known as “Contract No. Prasarana/GSC/CTT/2.06080/2017: Construction and Completion of Guideway, Stations Iconic Bridge, Park and Rides, Ancillary Buildings and other Associated Works for Package GS07-08 for Light Rail Transit 3 (LRT3) from Bandar Utama to Johan Setia” in relation to the Project.

The Plaintiff is claiming, amongst other, for the following:-

Special damages of RM711,367,434.46 and/or to be determined by the Senior Assistant Registrar or Deputy Registrar of the High Court of Malaya;
The costs between the solicitor and client amounts to RM400,000.00 or cost to be determined by the Honourable Court;
Interest rate of 5% per year from the date of trespass i.e. 30 April 2018 until the date of filing of the writ and from the date of the Honourable Court’s order until the full settlement; and
Court’s declarations, injunctions, orders and other reliefs that the Honourable Court deems fit and proper.
SunCon is currently seeking the professional advice of its solicitors on the matter and will make further announcement on the developments in due course.

This announcement is dated 15 November 2019.

May I know who is customer A ?

Probably Logitech (Jaybird is part of the logitech group)

https://www.theedgemarkets.com/article/not-your-typical-manufacturer
https://www.theedgemarkets.com/article/salutica-benefit-china-production-shift


Products?

1. Earphone

https://www.bestbuy.com/site/jaybird-vista-true-wireless-in-ear-headphones-black/6320598.p?skuId=6320598

(rating matched with aminvest report)


Why?


Quoted from latest AR

<<Our continuous pursuit for innovation have resulted in the successful launch of the latest generation Bluetooth headset product
with a design partner in Europe. Both parties have brought together dedicated team who have excellent workmanship to
deliver a OEM headset product that has garnered rave reviews in the market since its launch in August 2019.>>

<<Bluetooth headsets continue to be the main revenue contributor for the Group.>>


[The Jaybird Vista are set to cost $179.99 — the same price as the old model — when they release sometime in AUGUST.]


Source:
https://www.theverge.com/circuitbreaker/2019/7/31/20747294/jaybird-vista-truly-wireless-headphones-connectivity-good-running-usb-c




2. Mouse

<<Salutica has secured jobs to produce 4 models of computer mice, the first model has commenced production in July 2019 while the remaining 3 models have also begun mass production as at our meeting in late October 2019.>>


<<Salutica Allied have successfully secured four models from the computer peripherals category >>

<<Seeing little hope for the US-China dispute easing, Customer A has begun to move the production of certain computer mouse models from Suzhou, China to Salutica. These are everyday use wireless mouse and are mostly sold to the US.>>


it could be

a. MX Master 3
b. Logitech MX Anywhere 2S
c. M590 Multi-Device Silent
d. MX Ergo


Meanwhile Salutica bad performance in past quarters was due to:

(Quoted from AR)
• Delay in the mass production and shipment of a cordless Bluetooth headset by 9 months from October 2018 to June 2019
resulted in costs spent of approximately RM0.7 million for holding excess resources (salary and related costs);


(Quoted from theedgemarkets)
The new bluetooth chipset rectify the connectivity issue which has plagued the previous two models, resulting in Salutica’s declining profit.


However, contribution from the new earbuds and mouse production will be captured in FY20 ( start from July 2019)

shortie turbo!

EBITDA +219.8 (3Q19) vs -168 (3Q18)


they actually doing well



Operating loss due to depreciation, forex loss

and interest on lease liabilities

Dialog eyes upstream O&G assets in Malaysia !

https://www.theedgemarkets.com/article/dialog-eyes-upstream-og-assets-malaysia

MYR depreciated Najib good job?

wtf?

Thai AA still in red ! gloomy !

https://newsroom.airasia.com/news/2019/11/12/aav-announces-the-3rd-quarter-of-2019-operational-results

not much drop. immuned?

big fund collects now...

MSCI GLOBAL STANDARD INDEXES

https://app2.msci.com/eqb/gimi/stdindex/MSCI_Nov19_STPublicList.pdf

MSCI GLOBAL SMALL CAP INDEXES

https://app2.msci.com/eqb/gimi/smallcap/MSCI_Nov19_SCPublicList.pdf

SpSetia and abmb become small cap..

MSCI GLOBAL STANDARD INDEXES

https://app2.msci.com/eqb/gimi/stdindex/MSCI_Nov19_STPublicList.pdf

MSCI GLOBAL SMALL CAP INDEXES

https://app2.msci.com/eqb/gimi/smallcap/MSCI_Nov19_SCPublicList.pdf

SpSetia and abmb become small cap..

工作配对业务带动　MYEG盈利稳增二成
Orientaldaily Thu, Nov 07, 2019 08:43pm - 2 hours ago


（吉隆坡7日讯）MYEG服务（MYEG，0138，主板科技股）的外劳工作配对服务，及即将展开的签证特许经营业务，预期将支撑公司的盈利表现，分析员预期即使没有获得新合约，该公司下个财政年已经可以稳定取得20%的盈利成长。

大华继显分析员表示，我国政府正与孟加拉举行政府对政府（G2G）会议，以解决大部份悬而未决的问题，冀望能够尽快签署一项谅解备忘录，以扭转当地政府先前不允许该国公民前来大马工作的决定。

分析员认为，这有望大幅提升MYEG服务外劳工作配对服务，并预计将从2019财政年末季开始看到强劲的按季盈利增长。

接下来，2020财政年则可能因为更高的职位配对服务和电子政府合约，而实现约20%的盈利增长。

MYEG目前的电子政府特许经营权将在明年5月到期。分析员估计，管理层已提交延长合约申请，并相信在没有其它选择的情况下，MYEG服务能够延长该合约期限。

同时，政府也正讨论与外国基金建立合作伙伴关系，设立外劳住宿；一旦成事，MYEG服务可向这些基金租赁资产，采取不拥有资产的情况下经营外劳住宿的策略。

根据分析员了解，该资金高达10亿令吉，将用作建设20至25个住宿，可容纳6万至10万名外劳。

假设每名外劳的平均每月租金为150令吉，预计MYEG服务可从中取得约20%到30%的净赚幅，长远可推高公司每年2100万至5400万令吉的净利。

此外，期待已久的外国签证服务合约招标也预料在11月展开，分析员预期MYEG服务将成为此次招标的竞标者，因为MYEG的IT解决方案和合作伙伴关系，可增强大马旅游业，并带来价值。

分析员指出，MYEG服务具有提供额外销售服务的能力，若赢得这项特许经营合约，有望大幅提升MYEG服务的收入。

有鉴于此，分析员认为，该股自10月16日以来，遭外资抛售暴跌16%，是不合理的。

大华继显维持该股“买进”投资评级，目标价为1.71令吉。

MYEG服务周四（7日）收报1.17令吉，全天微跌1仙或0.85%，共有2293万股易手。

fly high. turbo engine

hmmm... FM keep selling... nvm mind... buy on weakness.

this fatso got digestive problem..climb up and climb down too hard for it

dont worry... you believe it you win

will drops further more than 10%-20% just like what happened to

topglove after overpayment for the acquisition of Aspion.

most likely sideway for this month.. wait for QR

One more solved.

This case settled in 1 month..surprisingly they didnt drag it too long.




MATERIAL LITIGATION IKHMAS JAYA GROUP BERHAD ("IJGB") OR "THE COMPANY") SHAH ALAM HIGH COURT CIVIL SUIT NO. BA-22NCvC-431-10/2019 BETWEEN ILHAM METRO CONSTRUCTION SDN. BHD. ("PLAINTIFF") AND IKHMAS JAYA GROUP BERHAD
IKHMAS JAYA GROUP BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description IKHMAS JAYA GROUP BERHAD ("IJGB") OR "THE COMPANY")
SHAH ALAM HIGH COURT CIVIL SUIT NO. BA-22NCvC-431-10/2019
BETWEEN ILHAM METRO CONSTRUCTION SDN. BHD. ("PLAINTIFF")
AND
IKHMAS JAYA GROUP BERHAD
Further to the announcement dated 15 October 2019, the Board of Directors of IJGB wishes to announce that the Plaintiff and IJGB have reached an amicable out-of-court settlement.



This announcement is dated 1 November 2019.

https://www.theedgemarkets.com/article/different-psc-klia-klia2-major-hurdle-rab-implementation

wow..

@leeling

Probably due to

1) White knight come to rescue
2) or due to D.J. Design & Suppliers Sdn. Bhd court case..

@madwind14


https://themalaysianreserve.com/2019/04/05/myeg-rises-despite-monopoly-concerns/

BNM will announce OPR on 5 nov leh..

why rise so much?

2 consecutive days increase with big volume..

White knight to the rescue?

Posted by RainT > Oct 31, 2019 11:09 AM | Report Abuse

u all dare to buy ?

not worry next year PH gomen not renew MYEG contract ??



MyEG only derives about 20% of its revenue from government contracts..