Block B and C of London City Island commenced hand over in May 2019

Block D, E, F of London City Island target to commence handover in Q3 2019

Block A04 of Embassy gardens target to commence handover in Q4 2019


Remark: All these revenue and profit recognition will be record in upcoming Q3 and next Q4 result as LUMPY profit due to accounting policy. Therefore, Ecoworld and EWI will record very good set of result in next 2 week.

Block B and C of London City Island commenced hand over in May 2019

Block D, E, F of London City Island target to commence handover in Q3 2019

Block A04 of Embassy gardens target to commence handover in Q4 2019


Remark: All these revenue and profit recognition will be record in upcoming Q3 and next Q4 result as LUMPY profit due to accounting policy. Therefore, Ecoworld and EWI will record very good set of result in next 2 week.

https://www.thestar.com.my/business/business-news/2019/09/04/opponents-of-039no-deal039-brexit-defeat-pm-who-promises-an-election

https://www.thestar.com.my/business/business-news/2019/09/04/opponents-of-039no-deal039-brexit-defeat-pm-who-promises-an-election

bought EWI at 63sen

bought ecoworld at 63.5sen

sold back Ewint at 64sen

https://klse.i3investor.com/blogs/MplusOnline/222077.jsp

These is golden opptunity to buy further AWC on weakness.

Add more AWC at 60-60.5sen

Next Q result profit is expected to be higher as another newly secure 3 year contract will commence from 1 sept 2019

AWC should instead deliver higher Q4 EPS 1.7sen if exclude one off item total RM 4.7m. Next Q result should return to normal. As long as AWC concession remain intact, it will ensure long term earning visibility. AWC strong cash flow enable it to reward higher dividend for shareholder. Declare double higher dividend for final dividend from 0.5sen to 1 se

bought awc at 65-65.5sen

bought back Ewint at 61sen

bought deleum at 82sen

bought back jaks at 78sen

add more TRC at 53.5-54sen

Malton EGM next week, to secure shareholder approval for 49% stake disposal in Bukit jalin pavilion mall.

Hohup will entitle RM 266m profit or about 70sen/share, the gain which is much higher than its current market price of just 52.5sen

bought back TRC at 55sen

bought back paramount at 1.29

sold back jaks at 86.5sen-87sen

Jaks Resources’ 2Q net profit triples on higher Vietnam EPC contribution

KUALA LUMPUR (Aug 21): Jaks Resources Bhd’s net profit jumped near three times in the second quarter ended June 30, 2019 (2QFY19), as it recorded higher earnings in its construction division, contributed by engineering, procurement and construction works in Vietnam.

Net profit for 2QFY19 rose to RM37.29 million from RM12.74 million in the corresponding period last year, bumping up earnings per share to 6.35 sen from 2.44 sen, its stock exchange filing today showed.

Quarterly revenue rose by 86% year-on-year to RM315.43 million, against RM169.99 million previously.

Jaks said its construction division recorded a significantly larger revenue of RM226.4 million, compared with the RM63.5 million it achieved in the preceding year’s corresponding quarter, following a higher amount of works done.

The better 2QFY19 earnings boosted the group’s net profit for the first half of FY19, which surged 116% to RM65.91 million from RM30.58 million a year ago (1HFY18), as revenue increased 65% to RM613.23 million from RM372.5 million.

Looking ahead, the group said its construction division will continue to be the main contributor in the second half of FY19 (2H), as construction works for the Vietnam EPC is expected to meet scheduled work plans and continue to deliver positively to the group until its completion.

Next breakout is 90sen, if Q2 result deliver as expected Q1 2019, EPS = 5.04sen (inclusive one off expense to cover share grant RM 19m), upcoming Q2 2019, EPS = Est 10sen (absence of above one off share grant expense), Jaks should breakout RM 1.00

Technically breakout resistance level, resume uptrend now ahead of upcoming stronger Q2 result

Jaks regaining momentum ahead of release Q2 result. The most powerful catalyst to move up share price is profit growth prospect. Jaks is expected to report increasing profit in 2 consecutive quarters.

Q1 2019, EPS = 5.04sen (inclusive one off expense to cover share grant RM 19m)

Q2 2019, EPS = Est 10sen (absence of above one off share grant expense)

sold back gbg at 1.38

sold back gbg-wb at 42.5-43sen

Add more jaks at 77sen

sold back bjland at 17.5sen

bought back bjland at 15.5sen

sold back kps at 93.5sen

Today also sold back RCE at 1.63

Add more gbg-wb at 42sen

bought gbg at 1.36

bought back jaks at 78-78.5sen

bought back gbg-wb at 42.5sen

be patient, announcement will be make very soon.

Add more hohup at 52.5sen

bought more ekovest at 84sen

Add more KPS at 91.5sen

bought back KPS at 91sen

sold back CMMT at 1.06

sold back jaks at 81sen

sold back dayang at 1.41

bought back dayang at 1.37

bought back jaks at 78.5sen

sold back sapura at 31.5sen

bought back ekovest at 86sen

bought back symlife at 41sen

Today, bought L&G at 15.5sen