It's NTA cannot be RM8.75 after listing. The moment it got listed, it's liabilities ballooned..

btw, I don't own any Gtronic shares.

It took me 20 minutes to read it's latest annual report. I don't see anything wrong with its financial statements. The only bad thing is it's shrinking revenue and profit. Other than that, everything seems fine to me, at least..

Let's be fair. Auditors voluntary resign. Might be due to disagreement over audit fees.

If you die when the majority of Malaysians were cursing you while you're alive, then you are a failure..

The group said none of the projects individually met the materiality threshold for a Bursa Malaysia announcement, and therefore separate disclosures were not required.

PETALING JAYA: Mah Sing Group Bhd has posted a strong eight-month sales performance of RM1.66bil, putting it on track to meet its minimum annual sales target of RM2.5bil.

The property developer said the sales were driven primarily by its M Series, which attracted strong interest from first-time home buyers.

Mah Sing founder and group managing director Tan Sri Leong Hoy Kum said the group remains committed to meeting the evolving needs of the market.

“With plans to further expand our M Series and introduce new offerings, we are well-positioned to continue our upward trajectory and achieve our 2024 objective,” he said in a statement.

He added the group is on track for a strong financial year 2024 (FY24) performance, supported by RM2.43bil in unbilled sales.

The group’s data centre portfolio is expected to further enhance long-term earnings through recurring income and value unlocking opportunities.

For the second quarter ended June 30, 2024 (2Q24), Mah Sing recorded a net profit of RM60.21mil or an earnings per share (EPS) of 2.37 sen.

This was an improvement from the RM50.48mil net profit or EPS of 2.08 sen it registered in 2Q23.

Revenue for the period was however down 10.2% year-on-year to RM578.39mil.

For the cumulative six months of the year (1H24), Mah Sing posted a net profit of RM120.26mil or an EPS of 4.84 sen against earnings of RM100.53mil or an EPS of 4.14 sen in 1H23, while revenue dipped to RM1.14bil from RM1.29bil in 1H23.

Its balance sheet remains healthy with RM911.5mil in cash and bank balances and investment in short-term funds, as well as a low net gearing of 0.10 times as at end-June 2024.

Mah Sing has secured land with nearly RM10bil in new gross development value, ensuring sustainable earnings visibility.

It has fresh cash flow of about RM500mil, which is periodically generated from vacant possessions.

KUALA LUMPUR: Solarvest Holdings Bhd is anticipating a satisfactory earnings year in the making amid an optimistic outlook on the renewal energy industry in Malaysia.

The clean energy expert said it will progressively recognise its unbilled order book, which stood at RM469mil as at end-July 2024, in the financial years ending March 31, 2025, and 2026.

It added that it is looking forward to capitalising on the "imminent awards" of engineering, procurement, construction and commissioning (EPCC) contracts for corporate green power programme (CGPP) projects.

"Looking beyond CGPP, the two gigawatts fifth large scale solar (LSS5) quota, coupled with the additional 800 megawatts quota allocations under NEM 3.0 and NEDA, presents further avenues to expand the group’s project pipeline.

"Under the Powervest programme, the group has secured a cumulative capacity of 100 MWp from multiple corporate power purchase agreements, which is expected to contribute RM42.7mil annual recurrent revenue to the group upon full completion within the next 12 to 18 months," it said in comments accompanying its results filing with Bursa Malaysia.

In the first quarter of its financial year, Solarvest posted a net profit of RM7.84mil, up from RM6.7mil in the year-ago quarter, which translates to an earnings per share of 1.15 sen against one sen previously.

The group reported revenue of RM72.65mil in 1QFY25 against RM143.39mil in 1QFY24.

According to section 2 of the Anti-Sexual Harassment Act 2022 [Act 840], sexual harassment is defined as any unwanted conduct of a sexual nature in any form, whether verbal, non-verbal, visual, gestural or physical, directed at a person who is reasonably offensive or insulting or constitutes a threat to his or her well ...

This time i support NUBE. Sexual harassment is a crime. Has the police press charges?
Anti-Sexual Harassment Act 2022 was passed in the Dewan Rakyat in July 2022 and gazetted in October 2022.

Fund manager Abrdn 狂掃貨.. 😯

Yes. The results is very encouraging. Future is bright.

I further accumulated some at RM2.92~RM2.95 today, taking my average cost up to RM1.93

Frankly speaking, if you were to ask me, I don't see anything wrong with the quarterly results. Revenue are still above the RM300 mil mark. The net profit posted was very nice. Almost 40% increase. Check back the history and you will know this is the 3rd best quarterly results ever. KGB is on the right trajectory and poised for further growth.

This is the best managed bank in Malaysia

Federal Reserve will reduce the interest rate. That's for sure. I listened to Jerome Powell's live speech few days ago.

Captain: 你们今天好嗎？再次感谢你们啊。。

Despite the decline in revenue in 2Q2024, gross profit increased by 21%, rising from RM46.0 million in 2Q2023 to RM55.5 million. This significant improvement in the gross profit margin, which increased to 17.3% from 10.8% in 2Q2023, was primarily driven by changes in revenue composition and a favorable project mix, as well as the contribution from industrial gases division. Additionally, PBT and PAT for the current quarter showed robust growth, each expanding by 34% compared to 2Q2023.

means KGB is on the right track as a growing company. The revenue is still within expectations.

@Plantermen spot on bro.

I never liked a captain of being dishonest. From hiding deferred tax to profit misguidance, it will come back to haunt you later. This is a public listed company and the captain shall be accountable for all his/her actions.

Laziness is rewarded only in one country in this world..

Palm oil counters? Go fly kite la. Cost of harvesting is almost 3k. Not far from its current market price.

As for properties, it is the best safeguard against inflation.

Nevertheless , however you dislike him because he is from DAP, one has to admit that he is the best Minister of Housing and Local Government that Malaysia ever had in the history so far.

anyone got deep-fried with this cooking oil..?

CEO: 爛攤子就交給你们吧. 我先走啦..😁

You can see very well. MahSing has better management when it comes to risk management..

not many people able to grasp the trading technique of cutting loss. Just hold and hold is not always the best solution. If that's a good fundamental stock like KGB, then it is. If you found some hanky-panky stocks like Serba, the best option is always to minimize your losses. 米饭变成粥了. No hope jor..

so hard to do business in Malaysia. This condition that condition. Maybe i shall go to Vietnam or Cambodia. These countries are coming up..

One big falling knife 🗡 coming also cannot see..

Solarvest secures five CGPAs under CGPP totalling 59.98 MWac

https://www.thestar.com.my/business/business-news/2024/08/09/solarvest-secures-five-cgpas-under-cgpp-totalling-5998-mwac

sometimes a temporary drop will present us with some very good opportunities to grab good stocks at discounted price. This opportunity dont come always. I always like Sunway group. They are one of the best managed conglomerate in Msia.

Experienced traders can tell you this is no forced selling. I have said this earlier. If it is forced selling, it will be mentioned at the announcements there. Look at Serba. It was mentioned. This is voluntary disposing aka cashing out.

nowadays very easy to setup and list a company.

- setup a new company with some small capital
- make the accounts look like for few years
- IPO
- during listing, you can be allotted more shares
- sell the shares and become instant multi-miliionaire.

usually the partnership will continue as not to make things difficult for their own engineers to test another supplier's UHP gas.

If a company is on the right track of trajectory growth, why would the owner relinquish it..
Something to ponder..

@45AMG it is those speculating syndicates that we see daily. They will try to jack up the price to lure you to enter. But if this turned out to be ataims 2.0, then they gonna get burnt. So better for the normal traders to stay away from this counter for the time being.

If it is force sell, it will be stated in the announcement. More like voluntary disposing to me.

captain abandoning the ship. Good luck..

"We expect its earnings to return to pre-Covid level only in FY27/28F onwards"

This is laughable. I can bet with you it will never return to pre-Covid19 level. Never.

@MichaelKwok you are making a mockery out of yourself. Which stock never come down on black Monday? Try shorting MahSing if you have balls..

I did not follow this counter. What's the story here..?

I did not say Harta is bad. Only it's valuations is too high at such profit.

pre-Covid19 is way better than now..

In stock market, it is essential to control emotions. Believe in the fundamental of good stock like FPHB. Buy on dip. You will become a good value investor.

Intra day high. Lol. What a roller-coaster. As long as you believe in KGB fundamental and not impulsive on Intel's decline, everything will be fine.

Hexcap below 50 sen is a very good price to enter. It is in my 2024 stock pick competition too..

this Michael Kwok so noob. Today is 31/7/24. Later Tan KW will post the i3 stock pick competition results for July 24. Let you guys see his position.

frog under coconut shell..

cheapest price.. That's your only argument. It is cheap for a reason. At the current price, i would prefer to go for MahSing.

I am still holding at RM0.4x