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2020-06-01 15:07 | Report Abuse
right issue to settle debt?
2020-05-27 10:27 | Report Abuse
TA Securities
Outlook
While we were earlier optimistic for FY20 to be a better year for Elsoft, we
now expect its performance to be muted YoY due to disruptions to
operations (i.e., prolonged delivery, setup, qualification, and acceptance of its
ATE by customers) posed by the COVID-19 pandemic. With the MCO
extending into 2QFY20, we expect to see continued weakness during the
quarter but with improvements in 2HFY20.
Notwithstanding, there remains prospects for the group from its new series
of ATE as well as medical devices which if well received by customers would
present upside to our forecasts and be a re-rating catalyst. Its new series of
ATE include the smart devices segment’s LED flash tester designed for the
next evolution of smartphone flash module and automotive segment’s
headlamp tester catered to multibeam headlamps which are still in a nascent
growth stage.
Valuation & Recommendation
Following the earnings downgrade and rolling forward our base year valuation
to CY21 based on a PE multiple of 15.0x, our TP for Elsoft is lowered slightly
to RM0.62 (previously RM0.63). And with the unfavourable risk reward
potential at current levels, we downgrade our recommendation on Elsoft
from Buy to Sell.
Key risks include:
i) prolonged COVID-19 pandemic,
ii)single customer concentration, and
iii) poor acceptance of new products.
2020-05-27 10:22 | Report Abuse
TA securities
Outlook
The outlook of the general insurance business in Malaysia is expected to
remain very challenging due to the slowdown in business activities due to
the Movement Control Order. We believe insurance premiums may face
downward pressure due to weaker demand and higher competition.
Given that a large chunk of underwriting profit for TUNEPRO is derived
from travel insurance, the group is likely to continue suffering from the
negative impact of Covid-19 until, the pandemic is effectively contained.
Valuation
We maintain our Sell call on the stock, with a target price of RM0.24,
based on unchanged 0.3x CY21 P/B.
2020-05-27 10:20 | Report Abuse
AmInvest
We downgrade our call on Tune Protect Group (TPG) to SELL from HOLD with a lower fair value of RM0.25/share (previously RM0.48/share) based on FY20 P/BV of 0.3x, supported by a lower ROE of 5.8%. We trim our FY20/21/22 earnings by 35.2%/37.8%/35.9% to reflect lower premiums from travel insurance and a reduced estimate for investment income and share of profit from associates
2020-05-27 09:46 | Report Abuse
Tune Protect Group Bhd - Travel insurance to be hit by Covid-19 (Downgrade to Reduce with a lower TP of RM0.22)
2020-04-16 18:51 | Report Abuse
Pursuant to Rules 9.19(51) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Bioalpha wishes to announce that the following offer and grant of options to eligible persons to subscribed for new ordinary shares in the Company (“Options”) under the Share Issuance Scheme of the Company (“SIS”).
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3044486
2020-04-14 15:51 | Report Abuse
CIMB just downgrade their TP
2020-04-14 15:49 | Report Abuse
Captain jump boat, do you still feel safe to on boat?
2020-04-09 09:50 | Report Abuse
“Towards the upside, the immediate resistance is at the 28.5 sen level, followed by the 30 sen threshold,” it said.
Source : https://www.theedgemarkets.com/article/lkl-international-may-rebound-further-says-rhb-retail-research
2020-04-08 08:43 | Report Abuse
The Board of Directors of LKL International is pleased to announce that LKLAM, a wholly-owned subsidiary of LKL International, was awarded an order for the procurement of PPE by the Sarawak State Health Department (“Order”) for a sum of RM7,075,800.00.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3042307
2020-04-03 18:52 | Report Abuse
Their AGM give what door gift for shareholder?
2019-06-17 14:58 | Report Abuse
Very sad, no media cover the news until now ...
2018-03-20 12:09 | Report Abuse
some one panic selling, some one enjoy collecting at lower price
2018-02-06 20:23 | Report Abuse
Are British Columbia yield investor?
2018-02-01 13:06 | Report Abuse
Red Sena committed but cautious on securing a QA
Read more at https://www.thestar.com.my/business/business-news/2018/02/01/red-sena-committed-but-cautious-on-securing-a-qa/#GdvbVwXlUylRU3eY.99
2018-01-31 19:18 | Report Abuse
Status of QA
The challenges faced by our Company is formidable indeed. The asset prices have risen significantly evidenced by the Super Coffee deal in 2016 and the OldTown Coffee deal in late 2017.
Notwithstanding the challenges, the Management Team will continue to make every effort to conclude a QA within the Permitted Timeframe.
As mentioned by our Chairman on page 6, the first quarter ended March 2018 is the last practicable window to sign an SPA in order to be in a position to conclude a QA within the Permitted Timeframe.
By the time we meet at our AGM on 22 March 2018 we would be in a better position to know whether we have a realistic chance to complete a QA.
2017-08-24 10:10 | Report Abuse
DBT of total 22,093 mil at 0.13 on mother and 51.6 mil on son at 0.03
2017-06-10 08:46 | Report Abuse
Construction│Malaysia│March 31, 2017
Vivocom Intl Holdings Bhd
Cease coverage
■ We are ceasing coverage on Vivocom today.
■ This is due to the lack of coverage resources.
■ Our previous forecasts, valuations and recommendation should no longer be relied
upon for future investment decisions.
source : http://research.itradecimb.com/index.php?ch=5013&pg=5014&ac=95748&bb=file
2017-04-14 18:35 | Report Abuse
Director Acquired 2,000,000 units today. But total vol today only have 8,192 , anyone can explain why?
2017-04-14 10:09 | Report Abuse
strong support at 1.76
2017-04-10 17:53 | Report Abuse
EPF keep on DISPOSED
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5392029
2017-03-14 20:18 | Report Abuse
Default in Payment pursuant to Paragraph 9.19A of Bursa Malaysia Securities Berhad's Main Market Listing Requirements
http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=78174&name=EA_GA_ATTACHMENTS
2017-03-01 12:54 | Report Abuse
几个月前SENDAI老板在the Edge Weekly拍胸口讲公司业绩会扭亏为盈 .....
2017-03-01 12:40 | Report Abuse
where can get AmInvest initiated coverage with TP 3.00 report ?
Stock: [BJCORP]: BERJAYA CORPORATION BHD
2020-06-03 10:40 | Report Abuse
A lots of seller, price can not move up.
Who are selling today?