Next QR | Est. Ann. Date: 20-Feb-2021

Today is going to limit up.

Its warrant share price is 3.38 and the mother stock should exceed this price.

They buy it themselves before they make the announcement, and it looks like this bonus is really coming.

bonus issue is coming.

It will drop to 2.5

CGS-CIMB believes EITA deserves 'better valuation'
TheEdge Mon, Feb 08, 2021 11:48am - 2 hours ago


KUALA LUMPUR (Feb 8): CGS-CIMB Research believes that EITA Resources Bhd deserves a better valuation as the elevator and escalator maker aims to enhance its overseas revenue.

The research house reiterated its "buy" call on the stock and raised its post-bonus issue target price to RM2.08 from RM2.06. The target price of RM2.08 values the stock at 20 times CY22F P/E (from 10.5 times) which CGS-CIMB said is at about a 30% discount to the global elevator makers’ weighted average 12-month forward P/E of 31 times.

CGS-CIMB’s analyst Kamarul Anwar pointed out that EITA’s net cash rose from RM11.9 million at end-FY9/13 to RM41.2 million at end-FY9/20.

“We also raise our FY9/21-23F net profit forecasts by 4-10% as the company assures us that its operations are not disrupted by the partial lockdowns due to Covid-19,” he said in a note today.

“Earnings from its elevator construction segments should also accelerate as many of the projects in hand are in advanced stages,” he added.

Kamarul also shared that the elevator and escalator maker had disclosed its aspiration of raising its revenue from RM284.1 million in FY9/20 to RM1 billion per annum (p.a.) by FY25 during a conference call last month (Jan 29).

During the session, the group also noted that it is aiming for revenue to grow by over 252% in five years, bringing revenue compound annual growth rate (CAGR) to 28.6%.

Nevertheless, Kamarul said CGS-CIMB is not adopting EITA’s internal ambition as guidance for his forecasts.

“It (EITA) envisions that a sizeable part of the hypothetical RM1 billion per annum revenue would come from mergers and acquisitions (M&As). Without more details, the impact of acquisitions is not something we can forecast,” Kamarul said.

“Besides, EITA’s plans to aggressively grow its overseas operations would require the company to compete directly with established global elevator players. East Asia has become the Mecca for global elevator and escalator manufacturers since this developing region is looking towards high-rise buildings as an economical solution to house the rapidly increasing population. One risk from the stiff competition, we foresee, is it may stifle the group’s plan to build up its overseas revenue,” he added.

He noted that the potential re-rating catalysts include earnings-accretive M&As, new infrastructure-related contract wins and rousing growth in overseas sales. Meanwhile, a total economic lockdown is a downside risk for the stock, he added.

At the time of writing, EITA’s stock was down 3.48% or four sen to RM1.11.

CGS-CIMB believes EITA deserves 'better valuation'
TheEdge Mon, Feb 08, 2021 11:48am - 2 hours ago


KUALA LUMPUR (Feb 8): CGS-CIMB Research believes that EITA Resources Bhd deserves a better valuation as the elevator and escalator maker aims to enhance its overseas revenue.

The research house reiterated its "buy" call on the stock and raised its post-bonus issue target price to RM2.08 from RM2.06. The target price of RM2.08 values the stock at 20 times CY22F P/E (from 10.5 times) which CGS-CIMB said is at about a 30% discount to the global elevator makers’ weighted average 12-month forward P/E of 31 times.

CGS-CIMB’s analyst Kamarul Anwar pointed out that EITA’s net cash rose from RM11.9 million at end-FY9/13 to RM41.2 million at end-FY9/20.

“We also raise our FY9/21-23F net profit forecasts by 4-10% as the company assures us that its operations are not disrupted by the partial lockdowns due to Covid-19,” he said in a note today.

“Earnings from its elevator construction segments should also accelerate as many of the projects in hand are in advanced stages,” he added.

Kamarul also shared that the elevator and escalator maker had disclosed its aspiration of raising its revenue from RM284.1 million in FY9/20 to RM1 billion per annum (p.a.) by FY25 during a conference call last month (Jan 29).

During the session, the group also noted that it is aiming for revenue to grow by over 252% in five years, bringing revenue compound annual growth rate (CAGR) to 28.6%.

Nevertheless, Kamarul said CGS-CIMB is not adopting EITA’s internal ambition as guidance for his forecasts.

“It (EITA) envisions that a sizeable part of the hypothetical RM1 billion per annum revenue would come from mergers and acquisitions (M&As). Without more details, the impact of acquisitions is not something we can forecast,” Kamarul said.

“Besides, EITA’s plans to aggressively grow its overseas operations would require the company to compete directly with established global elevator players. East Asia has become the Mecca for global elevator and escalator manufacturers since this developing region is looking towards high-rise buildings as an economical solution to house the rapidly increasing population. One risk from the stiff competition, we foresee, is it may stifle the group’s plan to build up its overseas revenue,” he added.

He noted that the potential re-rating catalysts include earnings-accretive M&As, new infrastructure-related contract wins and rousing growth in overseas sales. Meanwhile, a total economic lockdown is a downside risk for the stock, he added.

At the time of writing, EITA’s stock was down 3.48% or four sen to RM1.11.

Today's closing price is 1.6-1.7.

Now the target has been transferred to VIS.

limit up coming.

There will be a big rise in the afternoon.

Will it rise like GENETEC?

It's about to rebound.

It will rebound before the market closes.

This counter will exceed RM3.

Be careful.
散户交易狂潮放缓 金银价暴跌
Sinchew Wed, Feb 03, 2021 09:50am - 16 minutes ago


（图：法新社）
（图：法新社）
（芝加哥3日讯）散户离场，黄金白银价格周二（2日）暴跌，尤其是白银急挫逾8%，创历史新低。

日前，在社交媒体推动的散户交易狂潮中，白银飙升至近8年高位后，但2日在部分散户陆续离场后，白银急挫8.2%，至每盎司26.59美元。

银价周一曾一度飙升7.3%，触及2013年2月以来的最高水平。

据路透社报道，芝商所（CME Group）周一将2月Comex 5000白银期货保证金提高了17.9%，以应对异常的市场波动，这也是导致银价下跌的原因之一。

同时，一些Reddit成员也在呼吁散户避免进入白银市场。

据报道，分析员认为散户的逼空尝试至少暂时失败了。他补充称，散户投资者目前正在寻找其他市场。

另外，汇丰银行（HSBC）分析师詹姆斯．斯蒂尔.（James Steel）在一份报告中表示，如果金价不走高，白银可能会走软。

他说，目前的金银价格比远低于历史平均水平，投资者可能会认识到这一水平偏离历史正常水平太远了。

至于黄金方面，跌幅则没有白银般重伤，纽约商品交易所黄金期货市场交投最活跃的4月黄金期价2日比前一交易日下跌30.5美元，收于每盎司1833.4美元，跌幅为1.64%。

当天，3月交割的白银期货价格下跌3.016美元，收于每盎司26.402美元，跌幅为10.25%；4月交割的白金期货价格下跌42.8美元，收于每盎司1096美元，跌幅为3.76%。

The stock market is waiting whether there will be mco again.

The stock market is waiting whether there will be mco again.

If you want to be safe, you can buy this counter.

2月5日（星期五）
●SLVEST控股（SLVEST,0215,创业板工业产品服务组）
活动：股东特大
时间：上午10时
地点：八打灵再也3Two Square“RPV”

2月5日（星期五）
●SLVEST控股（SLVEST,0215,创业板工业产品服务组）
活动：股东特大
时间：上午10时
地点：八打灵再也3Two Square“RPV”




2月2日（星期二）
海外天（OVERSEA，0153,创业板消费产品服务组）
活动：股东特大
时间：上午10时
地点：Tropicana Golf &Country Resort 联和大厦“RPV”

海外天（OVERSEA，0153,创业板消费产品服务组） 2月2日（星期二）
活动：股东特大
时间：上午10时
地点：Tropicana Golf &Country Resort 联和大厦“RPV”

It will return above RM3 before closing.

It can reach RM3 at noon today.

It can reach RM1 at noon today.

The engine started.

Oversea (0153) also started to come.

Next QR | Est. Ann. Date| 27-Feb-2021

Will the closing price reach 2.6?

Will reach 3.5 before ex date

There will be a big rise in the afternoon.

13 billion projects are coming.

Beware of messages that are not yet certain.

(CA)The stock price will enter another peak in the afternoon.

The stock price will enter another peak in the afternoon.

The stock price will enter another peak in the afternoon.

Now only the counter that sends bonus issues will go up. (Eita, focusp, Amtel)

Now only the counter that sends bonus issues will go up. (Eita, focusp, Amtel)

Now only the counter that sends bonus issues will go up. (Eita, focusp, Amtel)

Will not exceed 2.35

Kenanga expects further sales recovery for JHM
TheStar Thu, Jan 21, 2021 08:46am - 32 minutes ago



KUALA LUMPUR: Kenanga Research anticipates earnings growth for JHM Consolidation Bhd in 4QFY20 as orders from key customers have returned to pre-Covid levels while the final quarter is seasonally strong for the group. The research house, which has a "market perform" recommendation on the group is also positive on its recovery momentum going into FY21 as JHM's eyes 25% year-on-year order growth from its existing customer owing to improving car sales. It added that the order growth could potentially rise further from two or three more new prospects that are still at the qualification phase. On JHM's new customer, Kenanga said the current orders at hand are estimated to be about 8% of the group's FY21 revenue and could potentially grow 4x by 2022 upon securing the supply of PCBA and model assembly, which will require high-end SMT machines. Kenanga maintained a FY20 and FY21 net profit of RM24mil and RM49.8mil respectively. However, its target price was raised to RM2.35 from RM2 previoulst as it gactored in a higher FY21 price-earnings ratio of 26x on greater interest from institutional clients post its Main Market transfer.

Will exceed 4 before the dividend date

The next one will be (G3). Circular/Notice to Shareholders
G3 GLOBAL BERHAD

Subject CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED BONUS ISSUE OF UP TO 1,856,249,934 NEW ORDINARY SHARES IN G3 GLOBAL BERHAD ("G3 GLOBAL SHARES") ("BONUS SHARES"), ON THE BASIS OF 3 BONUS SHARES FOR EACH EXISTING G3 GLOBAL SHARE HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED BONUS ISSUE")


Please refer attachment below.

Attachments
G3 Global - Circular.pdf
312.8 kBG3 Global - Administrative Note.pdf
128.2 kB

Announcement Info
Company Name G3 GLOBAL BERHAD
Stock Name G3
Date Announced 20 Jan 2021
Category Document Submission

It has risen too much before and will fall after the news comes out.

It will fall when the news comes out.

Cymao secures subcontract worth RM134m for mixed development project in Perak
TheEdge Wed, Jan 20, 2021 02:14pm - 1 hour ago


KUALA LUMPUR (Jan 20): Cymao Holdings Bhd's unit has secured a subcontract worth RM134.02 million for a proposed mixed development project at Wilayah Sungai Kelian Baru, Mukim Batang Padang in Perak.

According to a filing with Bursa Malaysia today, its wholly-owned subsidiary Billion Apex Sdn Bhd (BASB) today accepted a letter of award from HYC Properties Sdn Bhd for site clearance, hoarding and earthworks for the proposed project.

The group said the completion date for the subcontract works is within 24 months from the commencement date, subject to the requisite approvals from the relevant authorities for the proposed mixed development project having been obtained.

"The company is not privy to information in regard to details of the proposed mixed development project, the estimated gross development value, gross development costs and the overall timeline of the proposed mixed development project as it is merely undertaking the scope of works," said Cymao.

It said it will begin applying for the requisite construction licences, such as construction licence from the Construction Industry Development Board, to enable the company to undertake construction projects.

"At the point of application, the grade of the construction licence to be applied by BASB will depend on the financial qualification of BASB and qualification of the technical personnel to be recruited by BASB.

"Barring any unforeseen circumstances, BASB will submit the application for the construction licence to the Construction Industry Development Board in the second quarter of 2021. In the meantime, BASB will identify and appoint a qualified subcontractor with the requisite licences to undertake the award," said Cymao.

Cymao said over the past few years, the group has seen increasing challenges in the plywood industry and declining revenue from its existing plywood business. Thus, the company has identified construction as a new viable business to improve its financial performance.

As Cymao is relatively new in the construction industry, it said the award would help build its credentials as well as its track record as a construction player in the construction industry.

Moving forward, the group would be more competitive and this would support the group's bid and tender for future construction and project management projects, said Cymao.

"The board believes that the award is expected to provide additional revenue stream and enhance the group's profits, thereby reducing its dependence on the plywood business and improve the group's financial performance and the shareholders' value.

"The award is expected [to] contribute positively to the company's future earnings, earnings per share and enhance the consolidated net assets of the company while the group's gearing will depend on, amongst others, the manner of funding for the award," it added.

At the 12.30pm break, shares in Cymao settled 18 sen or 7.2% higher at RM2.68, giving it a market capitalisation of RM201 million. It saw some 1.51 million shares done.

Circular/Notice to Shareholders
G3 GLOBAL BERHAD

Subject CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED BONUS ISSUE OF UP TO 1,856,249,934 NEW ORDINARY SHARES IN G3 GLOBAL BERHAD ("G3 GLOBAL SHARES") ("BONUS SHARES"), ON THE BASIS OF 3 BONUS SHARES FOR EACH EXISTING G3 GLOBAL SHARE HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED BONUS ISSUE")


Please refer attachment below.

Attachments
G3 Global - Circular.pdf
312.8 kBG3 Global - Administrative Note.pdf
128.2 kB

Announcement Info
Company Name G3 GLOBAL BERHAD
Stock Name G3
Date Announced 20 Jan 2021
Category Document Submission
Reference Number DCS-20012021-00004

Circular/Notice to Shareholders
G3 GLOBAL BERHAD

Subject CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED BONUS ISSUE OF UP TO 1,856,249,934 NEW ORDINARY SHARES IN G3 GLOBAL BERHAD ("G3 GLOBAL SHARES") ("BONUS SHARES"), ON THE BASIS OF 3 BONUS SHARES FOR EACH EXISTING G3 GLOBAL SHARE HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED BONUS ISSUE")


Please refer attachment below.

Attachments
G3 Global - Circular.pdf
312.8 kBG3 Global - Administrative Note.pdf
128.2 kB

Announcement Info
Company Name G3 GLOBAL BERHAD
Stock Name G3
Date Announced 20 Jan 2021
Category Document Submission
Reference Number DCS-20012021-00004

Circular/Notice to Shareholders
G3 GLOBAL BERHAD

Subject CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED BONUS ISSUE OF UP TO 1,856,249,934 NEW ORDINARY SHARES IN G3 GLOBAL BERHAD ("G3 GLOBAL SHARES") ("BONUS SHARES"), ON THE BASIS OF 3 BONUS SHARES FOR EACH EXISTING G3 GLOBAL SHARE HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED BONUS ISSUE")


Please refer attachment below.

Attachments
G3 Global - Circular.pdf
312.8 kBG3 Global - Administrative Note.pdf
128.2 kB

Announcement Info
Company Name G3 GLOBAL BERHAD
Stock Name G3
Date Announced 20 Jan 2021
Category Document Submission
Reference Number DCS-20012021-00004

Circular/Notice to Shareholders
G3 GLOBAL BERHAD

Subject CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED BONUS ISSUE OF UP TO 1,856,249,934 NEW ORDINARY SHARES IN G3 GLOBAL BERHAD ("G3 GLOBAL SHARES") ("BONUS SHARES"), ON THE BASIS OF 3 BONUS SHARES FOR EACH EXISTING G3 GLOBAL SHARE HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED BONUS ISSUE")


Please refer attachment below.

Attachments
G3 Global - Circular.pdf
312.8 kBG3 Global - Administrative Note.pdf
128.2 kB

Announcement Info
Company Name G3 GLOBAL BERHAD
Stock Name G3
Date Announced 20 Jan 2021
Category Document Submission
Reference Number DCS-20012021-00004