index is being pushed upward !

more and more counters are turning to green !

ya. true, big lots of volume suddenly is eating up the SUMATEC now.

In addition to that, part of the assets value of Tan Sri Syed Mokhtar is linked to this stock.

let's watch how this ZELAN rebound, a few counters all of sudden from red this morning is shooting up green now. Furthermore this ZELAN is actually a growing company and is on the right path.

support intervention force an hour before closing. can expect rebound.

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The US$1.5 billion Kasawari central processing platform (CPP) contract could be awarded sometime in April.


Read more: http://www.theborneopost.com/2015/01/13/three-parties-prequalified-for-kasawari-cpp-contract/#ixzz3TQDXjpW1


********

AmResearch said the winner of the Kasawari FEED tender will also secure an engineering, procurement, construction and commissioning (EPCIC) contract, scheduled to be awarded in late 2015 or early 2016.

“As Technip took charge of the conceptual studies of the Kasawari field development, and the JV between Technip and MMHE had eventually secured the first SK316 CPP, we believe that they stand as the most likely candidates to secure this project,” it opined.


Read more: http://www.theborneopost.com/2014/06/21/consortiums-shortlisted-for-sk316-development-offshore-sarawak/#ixzz3TQFfYc3N



===

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RED CARPET @ I-CITY
https://www.youtube.com/watch?v=a-rRv6x1-MI


i-City Waterworld
https://www.youtube.com/watch?v=xhP16OYhZZ4


The Future of i-City (English version)
https://www.youtube.com/watch?v=rjV6Zq4NOO4


===

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Dear masterking,

Please read carefully, source ref (that I quoted) from BURSA MKTPLC as stated as per above.

Although this is a very good fundamental stock, it is up to you, what your believe is, your strategy is (gambling, investor, contra player,etc), or if you really know and comprehend what you are buying by doing homework.

Just my courtesy to share.

You may ignore unless you want to benefit from this forum by appreciating effort so that encourage more and more good contributor so that more good info, constructive (helpful) info is shared over here from time to time.

If you are willing and kind enough to spend your effort, even you may share more good info beside this with proper source(s) quoting.


Let's make here a better place for investors like you and me (and including others).


Good day to you and all the best!


===

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Consensus Target Price: 1.83 [BUY]


Ref: BURSA MKTPLC
http://www.bursamarketplace.com/index.php?ch=ch_themarket&pg=pg_tm_stocksss&ac=2337



===

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Seems like is not dilution but is a piece of good news because the numbers are getting smaller / less....


Ref: Dated 23 FEB 2015...
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1882197

(b) Listing of and quotation for:-

(iv) Up to 118,753,197 additional Warrants-A pursuant to the Rights Adjustments;
(v) Up to 567,521,758 additional Warrants-B pursuant to the Rights Adjustments; and
(vi) Up to 686,274,955 new Sumatec Shares to be issued pursuant to the full exercise of additional Warrants-A and additional Warrants-B.


but...

Ref: Dated 26 FEB 2015 [TODAY]
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1886973

M&A Securities, on behalf of the Company, wishes to clarify that the number of additional Warrants-A and additional Warrants-B approved for listing of and quotation for by Bursa Securities should be read as follows:-

(a) Listing of and quotation for:-

(i) Up to 1,379,173 additional Warrants-A pursuant to the Rights Adjustments;
(ii) Up to 6,591,070 additional Warrants-B pursuant to the Rights Adjustments; and
(iii) Up to 7,970,243 new Sumatec Shares to be issued pursuant to the full exercise of additional Warrants-A and additional Warrants-B.




===

ya, fly high tomorrow :)

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Good news for I-BHD :

No GST on maintenance fees for all high-rise units, says deputy minister


http://www.theedgemarkets.com/my/article/no-gst-maintenance-fees-all-high-rise-units-says-deputy-minister


===

another wave is coming...

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The company’s cash position improved to RM159.2mil from RM7.07mil previously.

In a statement, I-Bhd group executive chairman Tan Sri Lim Kim Hong reiterated the group’s adoption of a minimum 30% dividend payout policy.

“In respect of the financial year ended Dec 31, 2014 (FY14), a final single-tier dividend of 30% of the group’s net profit amounting to RM16.03mil, or 2.2 sen per share, has been proposed by the directors for shareholders’ approval at the forthcoming AGM,” Lim said.

I-Bhd’s full-year net profit rose 21.48% to RM53.41mil on the back of a 71.62% increase in revenue to RM261.11mil.



More news on: http://www.thestar.com.my/Business/Business-News/2015/02/26/IBhd-profit-for-2014-rises-215-to-RM534mil/?style=biz



===

yes, once 0.36 cleared, it will fly and heading to 0.38, 0.41, 0.445 and then beyond....

show time !

wa 0.225 habis. 0.23 now.

wa 0.225 big lots big lots gasak !

good show coming !

after 0.36 it will fly further all the way up !

0.36 coming !

So ZELAN is going to show true color. Means up trend with solid ground. Good!

technical rebound is coming ?!?

True. SCOMI is losing momentum. It might drop further when more and more contra players are throwing. This stock is suitable for those are willing to hold for mid-long term and patient. Not suitable for fast cash, quick and easy money.

technical rebound is coming ?!?

technical rebound is coming ?!?

-


The Future of i-City

https://www.youtube.com/watch?v=rjV6Zq4NOO4



===

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ZELAN is in 30 POTENTIAL BREAKOUT stock.

(Daily Stock Screen, List of 30 Potential Breakout Stocks , page 1 of 2)

See Ref: http://eas.taonline.com.my/eas/dailybrief/res/t-viewl.pdf


===

ya, going to explode anytime soon!

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SUMATEC is in TOP POTENTIAL BREAKOUT stock.

(Daily Screen, 1st stock in the List of 30 Potential Breakout Stocks , page 1 of 2)

See Ref: http://eas.taonline.com.my/eas/dailybrief/res/t-viewl.pdf


===

most of the cheap O&G counters are green and moving up now! SUMATEC has fully charged and is gaining momentum. Going to explode anytime soon!

starts moving up...

RS1=0.30 RS2=0.305, SP1=0.26, SP2=0.255, Note=T3, profit taking.

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MUMBAI: Monorail operator Larsen & Toubro Scomi Engineering (LTSE) has been fined Rs 1 crore since the service started a year ago. The penalty was imposed for loss of service due to system-related failures, including problems with rakes.

The service was launched on February 2, 2014, on the 8.8km route between Chembur and Wadala depot.

A senior Mumbai Metropolitan Region Development Authority ( MMRDA) official said, "We pay the operator Rs 85 lakh per month for running the service. If the desired number of services is not run due to some problem, we impose a penalty, which is deducted from the payment to the operator."


Ref:
http://timesofindia.indiatimes.com/city/mumbai/MMRDA-fines-monorail-operator-1cr/articleshow/46127015.cms


Rs 1 crore = 10,000,000 Indian Rupees (about 160,597.60 USD)


===

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MUMBAI: Monorail operator Larsen & Toubro Scomi Engineering (LTSE) has been fined Rs 1 crore since the service started a year ago. The penalty was imposed for loss of service due to system-related failures, including problems with rakes.

The service was launched on February 2, 2014, on the 8.8km route between Chembur and Wadala depot.

A senior Mumbai Metropolitan Region Development Authority ( MMRDA) official said, "We pay the operator Rs 85 lakh per month for running the service. If the desired number of services is not run due to some problem, we impose a penalty, which is deducted from the payment to the operator."


Ref:
http://timesofindia.indiatimes.com/city/mumbai/MMRDA-fines-monorail-operator-1cr/articleshow/46127015.cms


Rs 1 crore = 10,000,000 Indian Rupees (about 160,597.60 USD)


===

SUMATEC position increases

SUMATEC get set to move up !

SUMATEC get set to move up !

fully charged, going to move up...

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Recap of SUMATEC...

http://www.malaysia-chronicle.com/index.php?option=com_k2&view=item&id=331042:return-of-the-boyish-tycoon-halim-saad-to-take-sumatec-higher&Itemid=3#axzz3RVsEIkWE

http://www.malaysia-chronicle.com/index.php?option=com_k2&view=item&id=251561:sumatec-wants-to-broaden-horizon&Itemid=3#axzz3RVsEIkWE

http://www.thestar.com.my/Business/Business-News/2014/09/03/Halim-set-to-raise-stake-in-Sumatec-to-32/?style=biz




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ya, charging up now... watch closely

http://www.analyzednews.com/article.php?id=9948263&category=technologySector&topic=&title=MALAYSIA%20PRESS-Malaysia%27s%20Scomi%20to%20bid%20for%20$4.2%20bln%20monorail%20jobs

hanhan07, for your ref. http://www.zelan.com/newsdetails.php?PageId=Ng==&subPageId=&NewsId=NTA=

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MALAYSIA PRESS-Malaysia's Scomi to bid for 15 billion ringgit (USD4.2 bln) monorail jobs in Asia and South America


Ref: http://www.reuters.com/article/2015/02/11/malaysia-press-scomi-engg-idUSL4N0VL06W20150211



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fully charged up. starts moving up!

ya, is for real, solid up trend. both zelan and zelan-wa moving up in tandem. zelan-wa resistance 0.22 and 0.225 has broken as well !

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Three parties have likely been pre-qualified by Petronas for the US$1.5 billion Kasawari central processing platform (CPP) contract.

AmResearch Sdn Bhd (AmResearch) noted that the three parties are South Korea’s Hyundai Heavy Industries Co Ltd, a joint venture between Italy’s Saipem SpA and SapuraKencana Petroleum Bhd, and a partnership between France’s Technip SA and Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE).

“We understand the bidding is in progress and is currently being evaluated.

“The contract could be awarded sometime in April.

“Berlian McDermott, a joint venture between TH Heavy Engineering Bhd and Houston-based McDermott International Inc, did not progress beyond the prequalifying stage of this contest,” said AmResearch.



Ref: http://www.theborneopost.com/2015/01/13/three-parties-prequalified-for-kasawari-cpp-contract/#ixzz3R3B95JVK


===

watch SCOMI closely. charging up!

BURSA MTKPLC Consensus Target Price is 1.89

Ref: http://www.bursamarketplace.com/index.php?ch=ch_themarket&pg=pg_tm_stocksss&ac=2491&sch=ch_stocks_ownership

and NTA is 1.65

So how do you feel?