Vstecs Business Focus For 2024:

Vstecs Bhd will be focusing on enterprise and public sector data centres for this year.
In a filing with Bursa Malaysia, the company said its recent launch of the AWS cloud services distributorship and potential new enterprise products will boost its profit and revenue.
“We are excited about the new and enterprise products to be launched this year and we are optimistic of the second quarter and the balance of 2024,” it said.
https://www.klsescreener.com/v2/news/view/1325841

Latest Press Release From VSTECS.
For Immediate Distribution.

Recommendation:
Accumulate on any weakness as VSTECS has only been appointed AWS & Broadcom (VMWARE) Distribution Partners last week. The income stream from these new business segment from AWS, Broadcom & Starlink can only be seen from the next Qtrs of 2024 onwards.

VSTECS TO CAPITALISE ON STRATEGIC TECHNOLOGIES KUALA LUMPUR, 15 MAY 2024 - VSTECS Berhad (“VSTECS”, 偉仕佳杰 , Stock Code:5162), Malaysia’s leading Information & Communications Technology (“ICT”) distributor has today released its first quarter financial results for the three (3) months ended 31 March2024 (“1Q FY2024”). In 1Q FY2024, VSTECS reported revenue of RM616.4 million, a slight decrease of 7% compared to the same quarter of the preceding year. This was mostly attributable to the timing of projects within the Enterprise Systems segment. The ICT Services segment maintained a strong revenue trajectory, increasing by 61% year-on-year (“YoY”), buoyed by cloud and data centre (“DC”) services. Additionally, the ICT Distribution segment showed promising signs of recovery with revenue growing 9% YoY after two consecutive years of subdued consumer spending. Profit after tax (“PAT”) tapered by 4% to RM14.3 million compared to RM14.8 million in 1Q FY2023.With its highly cash-generative business characterised by swift cash conversion, the Group continued to generate healthy cash inflow from operating activities amounting to RM11.7million during the quarter. As at 31 March 2024, the net cash position stood at RM114.5 million and VSTECS is well-equipped to seize expansion opportunities with a robust balance sheet.

Chief Executive Officer of VSTECS, Mr. JH Soong <宋昭雄>, commented: "The first quarter of the year is typically a subdued period for consumer and enterprise ICT spending due to the festive holidays. This year, the close occurrence of Chinese New Year and Hari Raya Aidilfitri amplified this effect, delaying several enterprise projects. Despite a slightly softer performance, we are satisfied with our results and look forward to the coming quarters with optimism across all three segments.

We anticipate increasing momentum in the ICT Distribution segment as the replacement cycle for pandemic-era devices gains traction, particularly with the impending launch of AI capable notebooks driving additional demand. Our commitment is to stay ahead of the curve by continuously introducing the latest endpoint devices while broadening our nationwide channel coverage to capture a bigger market share.The Enterprise Systems segment remains poised for growth, bolstered by ongoing private sector investments in technology infrastructure and more public sector projects. In addition to higher project-driven revenue streams, recurring income from cloud subscriptions will grow, facilitated by our partnerships with top-tier hyperscalers. With an extensive range of products and solutions, we offer seamless access for enterprises looking to initiate cloud migration or enhance their existing cloud infrastructure. We will widen our offering in areas such as Artificial Intelligence (“AI”), cybersecurity, and DC server solutions to capitalise on the rising demand for these strategic technologies.Our newest segment, ICT Services, has experienced a rapid surge driven by increasing demand for cloud and DC services. We are scaling up our resources in this segment to cater for the service requirements for upcoming projects within our Enterprise Systems segment and in preparation for the launch of several DCs in Malaysia over the coming months.VSTECS now stands as the leading ICT distributor with service capabilities, playing a central role in the ICT ecosystem. Our strong partnerships and nationwide channel network bridge principals with end-users, and our diverse portfolio positions us for sustained growth while delivering returns to our shareholders "

CEO of VSTECS was very optimistic in last Press Release. Now that US is going to double tariffs to 50% on China exports to US . More companies will relocate to Malaysia benefitting VSTECS Biz.
Recommendation:
Buy on any Weakness!

"Chief Executive Officer of VSTECS, Mr. JH Soong <宋昭雄> commented: "We are gratefulto achieve a new record financial performance in FY2023, a testament to our resilience in a challenging market. While consumer spending was subdued during the year, our Enterprise Systems and ICT Services segments performed well, driving improved profitability. As businesses continue to invest in AI, cybersecurity and automation, enterprise spending on technology will continue on an upward trend. VSTECS’ involvement in satellite internet connectivity and AI solutions showcases our commitment to bringing cutting-edge technologies to Malaysia. We are actively expanding our offerings through strategic partnerships with leading global brands, particularly in the booming cloud and data centre space. Malaysia's emergence as a major data centre hub presents abundant opportunities, and we're strategically positioned to capitalise on them.Looking ahead to 2024, we're confident in the continued growth of the enterprise segment, especially with more public sector projects coming on-stream. Additionally, we hold an optimistic outlook for the recovery of the ICT Distribution sector in 2024, driven by the expected broader economic rebound and a resurging replacement cycle. 2024 is poised to be a pivotal year, where we envisage the expansion of both our consumer and enterprise segments, laying the platform for a sustained growth trajectory”.

Yes! VSTECS should sign partnership agreement with NVIDIA soon similar arrangement as VSTECS. Thailand?

Update!
Synergy between VSTECS partnership/distribution agreement with AWS & Broadcom's VMWare.

*Broadcom is taking over distribution of its VMware Cloud product running on Amazon Web Services (AWS) in the latest shake up of its new subsidiary’s distribution strategy.

Broadcom CEO Hock Tan highlighted the move in a blog post, explaining that VMware Cloud on AWS “is no longer directly sold by AWS or its channel partners.”

“It’s that simple,” Tan wrote. “What this means is that customers who previously purchased VMware Cloud on AWS from AWS will now work with Broadcom or an authorized Broadcom reseller (VSTECS) to renew their subscriptions and expand their environments. Customers who have active one- or three-year subscriptions with monthly payments that were purchased from AWS will continue to be invoiced by AWS until the end of their term.”

(Weekend Reading)
The case for VSTECS an MSC-Status company which witnessed a surge of its share price to RM3.58 recently following the announcement of partnership/distributorship deal with Amazon Web Services (AWS).

VSTECS - The Leading One-Stop ICT Solution Enabler.
Big International Corporations such as Microsoft, Amazon, Nvidia, Google has announced big investments in Malaysia ICT infrastructure such as Data Centers e.g.
* Microsoft RM10.2 Billions
* Amazon RM25 Billions
* YTL Nvidia RM20 Billions
* Google - RMxx Billions (to be announced)

These big investment on Data Centers and relocation of overseas companies from Europe, China, Taiwan, Singapore, Middle East to Malaysia will provide a new and big market for VSTECS services as the leading one-stop ICT Solution Enabler with services including computing, storage, databases, analytics, networking, and application services to enterprises in the private and public sectors in Malaysia and ASEAN Market.

The company's extensive network of channel partners and expertise in cloud services will ensure seamless access and support for Malaysian businesses looking to migrate to the cloud or optimise their existing cloud infrastructure.

VSTECS named Distributor for AWS.
# Expanding Cloud Portfolio: VSTECS traditionally distributes IT hardware and software. Partnering with AWS, the world's leading cloud service provider, grants them access to a high-growth market. Cloud spending is expected to continue its exponential rise in Malaysia, and VSTECS is now positioned to capitalize on this trend.
# Recurring Revenue Stream: Cloud services are typically delivered through subscription models, generating recurring revenue for VSTECS. This predictability is highly attractive to investors, boosting VSTECS's value proposition.
# Increased Visibility and Credibility: The AWS partnership validates VSTECS's expertise and strengthens its brand image. This association with a dominant industry player can attract new clients and solidify VSTECS's position in the Malaysian ICT market.
# Potential for Upselling Services: By offering AWS alongside existing hardware and software solutions, VSTECS can create comprehensive cloud packages for clients. This bundling approach can lead to higher margins and additional revenue streams.
# Gateway to New Markets: VSTECS's reach may extend beyond Malaysia and ASEAN. AWS's global presence could open doors for VSTECS to participate in regional cloud projects, further propelling its growth.
# Data Center Investment & Relocation of Foreign Companies to Malaysia Spurs Need For VSTECS One-Stop ICT Solutions and Services.
*Microsoft RM10.2 BILLIONS
*Amazon RM25 BILLIONS
*YTL-Nvidia RM20 BILLIONS
*Google RMXX Billions

Johor is expected to pull RM17 billion (US$3.6 billion) in new data centre investments this year, building on RM51.1 billion in investments in 2022.

The Malaysia government has also supported Johor’s data centre ecosystem by building industrial parks with suitable infrastructure. Two of the biggest are the 745-acre Sedenak Tech Park (STeP) and 509-acre Nusajaya Tech Park. 
# VSTECS Named Starlink's Authorised Distributor to Offer High-speed Internet in Malaysia.
# VSTECS name Distributor for Broadcom VMware - VSTECS and Broadcom signed a new ASEAN and China distribution agreement for VMware technology solutions to serve the ASEAN and Chinese markets. In addition to continuing to distribute VMware technology solutions in ASEAN and China, VSTECS will now expand its services and provide technical support services to customers for specific products.

RECOMMENDATION:
Collect VSTECS as much as possible on any weakness and we wait for the next Big Buy from Market & Foreign Funds!

Yes! Next Qtr result could be out as early as 17 May. Next week should be an exciting one.

Remember! Vstecs is Associate Company of Vstecs Singapore PTE, so everything must be 3.5 times more! Last time to buy cheap! Next week different story!

If you study history. LU most often happens more than once. Operator must be very confident to invest millions to push up the price? Buy on weakness as Nothing ventured, Nothing gained. :)

While waiting. Vstecs also in my radar.

Vstecs+ AWS + Broadcom + Starlink = £££???
Vstecs is nett cash + Coming good Qtr = More upside???

Vstecs+ AWS + Broadcom + Starlink = £££???
Vstecs is nett cash + Coming good Qtr = More upside???

@NorAzmiAR
Ever heard of the Phoenix or Sendai (Sendai was trading at 20 Sen due to many Qtrs of losses, Now trading at 60 sen or Zero to Hero? :)
Refer below for your concern.
Summary: Asiaply filed a winding up petition against APBGS to recover RM5 million owed to Asiaply.

ASIA POLY HOLDINGS BERHAD (“ASIAPOLY” OR “THE COMPANY”)WINDING-UP PETITION SERVED ON ASIA POLY BIO GAS SDN. BHD., AN INDIRECT SUBSIDIARY OF THE COMPANY PURSUANT TO SECTION 465(1)(e) AND 466(1)(a) OFTHE COMPANIES ACT 2016The Board of Directors of the Company wishes to announce that the Company had on 28th December, 2023 served a winding-up petition dated 21st December, 2023 against Asia Poly Bio Gas Sdn. Bhd. (“APBGSB”), an indirect subsidiary of the Company. The details of the winding-up petition are set out below:(a) Date of the presentation of the winding-up petition and the date the winding-up petition was served The date of the presentation of winding-up petition is 21st December, 2023 and the winding-up petition was served on 28th December, 2023.(b) Particulars of the outstanding judgment sums pursuant to the Judgment dated 30thJune, 2023 as stated in the winding-up petition:i) The sum of RM5,034,207.35 being the outstanding amount owing by APBGSB to the Company;ii) Interest at the rate of 5% per annum on all sums due by APBGSB to the Company from the date of judgment until the date of full settlement; andiii) Cost of proceeding of RM2,087.30.(c) Details of the default or circumstances leading to the filing of the winding-uppetition against APBGSBThe Company sought to recover the outstanding sum by issuing letters dated 20th April, 2023 and 19th May, 2023 to APBGSB.In response, APBGSB on 11th May, 2023 made repayment of RM110,150.00 but failed to make any further repayments for the balance of RM5,034,207.35.On 8th June, 2023 through lawyer, the Company filed a writ and statement of claim againstAPBGSB.A judgment of default was obtained against APBGSB on 30th June, 2023.On 21st November, 2023 through lawyer, the Company sent a notice of demand to APBGSBfor the judgment sums whereby APBGSB shall pay the judgement sums within 21 days from the date of the said notice. In view of APBGSB failed to pay the judgement sums within 21 days from the date of the said notice, the Company proceeded to file the winding-up petition against APBGSB.

Maybe yes or no? It all depends on foreign funds as local funds are not dependable. Always remember not to put too many eggs in the same basket as many IBs are also waiting in the background to harvest from us? For those who benefitted from my recommendation to buy Myeg earlier, can use some profit to buy Asiaply on the cheap now as there signs of goreng soon from Asiaply Management as Director is buying from open market lately?

This commercial project called Asia Poly Business Park is developed by Asiaply in Semenyih is just in front of Vista Valley@Semenyih and Kiara Plaza. Just next to Kiara Business Centre, Green Park Village@Semenyih (residential, business, office space, commercial and probably hotel skyscrapers in the South of Klang Valley with shopping mall in a park) and Volkswagen Semenyih showroom.

Seems like a new booming commercial area in Semenyih are coming up within these projects. Already Vista Valley@Semenyih which is in front of it has shop lots mostly occupied, and the Vista Valley Mall got anchor tenant which is a department store/hypermarket/supermarket. Kiara Business Centre front row all occupied and some lots occupied here and there within Kiara Business Centre. Greene Park Village land clearing and earthworks being done. Volkswagen showroom been there for a long time. In front of it is Kiara Plaza and big Shell petrol station. Nearby is also a big Petronas station.

Price for Asiapoly Business Centre shoplots starts from RM2.25 million each.

I rest my case :)
For those who took profit can look at Asiaply another overlooked stock in my radar?

Yes! Buy Low & Sell high! Something must be up when Director Lim buys from open market! Coming Qtr. must be profitable already? Will History Repeats?
#New production lines committed to new buyer/contracts.
#MMA resin price is down.
#Increased exports overseas
#Asiapoly Green - Increased income from renewable energy supply to TNB.
Key Projects and Future Plans
Asia Poly Green Energy Sdn Bhd pioneers renewable energy innovation with key projects, including the Run-of-River 35.4 MW small hydropower initiative in Pahang, Malaysia, tapping into natural resources for sustainable energy. Positioned for future growth, Asia Poly Green Energy Sdn Bhd aims to invest in regional concession assets, solidifying its commitment to a sustainable future and establishing leadership in the dynamic green energy landscape.

Biogas Power Plant and Green Energy Initiatives
Asia Poly’s commitment to sustainable energy solutions is channeled through its subsidiary. Through Biogas Sulpom Sdn Bhd, a subsidiary of Asia Poly Green Energy Sdn Bhd, the completed biogas project signifies a pivotal step in diversifying energy sources. This collaboration underscores Asia Poly’s dedication to environmental stewardship, contributing significantly to the global movement for sustainable energy solutions and solidifying its position as a key player in the renewable energy sector.

#Asiapoly Business Park- New property development ventures.
Located in the prime, high-traffic, and strategic area of Semenyih, Asia Poly Business Park is drawing the interest of commercial and retail businesses, due to Malaysia’s economic growth in the past year. To further improve occupancy, sales and marketing campaigns are being conducted on multiple channels, including social media and collaborations with real estate agencies.

https://asiapoly.com.my/
https://theedgemalaysia.com/article/asia-poly-overlooked-stock-amid-pandemic

Buy the dip! The higher the risks, the higher the returns. Don't just let EPF & Mr. Wong grab all as they are still accumulating. Myeg is now like a compressed spring. Opportunity only comes once in a Bluemoon. Why chase at High price later, when you can still Buy low while stocks lasts. Remember this is a politically linked counter, you help me, I help you in Malaysia Boleh!

THE CASE FOR MYEG's UPSIDE LOOKS GOOD!
Here are my comments with regards to UOB Kayhian's write-up & TP for Myeg:
1. Zetrix sold 1.2M Zetrix coins at USD5 each during ICO on 28 October raising RM28.68M for Myeg. Please note that current circulating supply of Zetrix coins is 65.33M. With current market price of Zetrix coin at USD15.31 , it already raised more than RM4.5B for Myeg! ,Some of these income alteady reflected in Myeg account in current Qtr. & the coming Quarters. A big Final Dividend of 1.68ct per share has been proposed by Myeg as a big reward for shareholders' confidence & support!
2. Contract extension for Myeg E-Services for Immigration & JPJ already obtained & confirmed!
3. ICO & Listing of Zetrix token on 28 October already done at Coinstore, BitForex & MEXC.
4. Launching of Zetrade verification for exports to China & Cabinet endorsement for Digital Driving license etc
5. Building of Foreign Worker's Village in Penang & more development projects to come?
6. Currently running JPJ L- License pilot tests & will be awarded contract soon?
7. With Mandani Government support for Myeg's E-Services, Myeg should be able to achieve TP of RM1.18 & Bluesky TP of RM3.73 in the longer term since market is so bullish on Zetriz coin which is currently trading at USD11.31 or a 226% gain. Taking Myeg's cuurent price of RM0.795, a 226% gain will push Myeg's price above RM1.80!

RECOMMENDATION:
Collect Myeg as much as possible on current weakness and we wait for the Big Pump from the Market & Foreign Funds!

Buy the dip! The higher the risks, the higher the returns. Don't just let KWAP & Mr. Wong grab all as they are still accumulating. Myeg is now like a compressed spring. Opportunity only comes once in a Bluemoon. Why chase at High price later, when you can still Buy low while stocks lasts. Remember this is a politically linked counter, you help me, I help you in Malaysia Boleh!

THE CASE FOR MYEG's UPSIDE LOOKS GOOD!
Here are my comments with regards to UOB Kayhian's write-up & TP for Myeg:
1. Zetrix sold 1.2M Zetrix coins at USD5 each during ICO on 28 October raising RM28.68M for Myeg. Please note that current circulating supply of Zetrix coins is 65.33M. With current market price of Zetrix coin at USD11.31 , it already raised RM3.4B for Myeg! These income will be reflected in Myeg account in the coming Quarters. We could forsee a big Final Dividend from Myeg as a big reward for shareholders' confidence & support!
2. Contract extension for Myeg E-Services for Immigration & JPJ already obtained & confirmed!
3. ICO & Listing of Zetrix token on 28 October already done at Coinstore, BitForex & MEXC.
4. Launching of Zetrade verification for exports to China & Cabinet endorsement for Digital Driving license etc
5. Building of Foreign Worker's Village in Penang & more development projects to come?
6. Currently running JPJ L- License pilot tests & will be awarded contract soon?
7. With Mandani Government support for Myeg's E-Services, Myeg should be able to achieve TP of RM1.18 & Bluesky TP of RM3.73 in the longer term since market is so bullish on Zetriz coin which is currently trading at USD11.31 or a 226% gain. Taking Myeg's cuurent price of RM0.795, a 226% gain will push Myeg's price above RM1.80!

RECOMMENDATION:
Collect Myeg as much as possible on current weakness and we wait for the Big Pump from the Market & Foreign Funds!

Opportunity only comes once in a Bluemoon. Why chase at High price later, when you can still Buy low while stocks lasts if KWAP or Operator is still selling cheap for a reason? Remember this is a politically linked counter, you help me, I help you in Malaysia Boleh!

THE CASE FOR MYEG's UPSIDE LOOKS GOOD!
Here are my comments with regards to UOB Kayhian's write-up & TP for Myeg:
1. Zetrix sold 1.2M Zetrix coins at USD5 each during ICO on 28 October raising RM28.68M for Myeg. Please note that current circulating supply of Zetrix coins is 65.33M. With current market price of Zetrix coin at USD10.63 , it already raised RM3.25B for Myeg! These income will be reflected in Myeg account in the coming Quarters. We could forsee a big Final Dividend from Myeg as a big reward for shareholders' confidence & support!
2. Contract extension for Myeg E-Services for Immigration & JPJ already obtained.
3. ICO & Listing of Zetrix token on 28 October already done at Coinstore, BitForex & MEXC.
4. Launching of Zetrade verification for exports to China & Cabinet endorsement for Digital Driving license etc
5. Building of Foreign Worker's Village in Penang & more development projects to come?
6. With The Mandani Government support for Myeg's E-Services, Myeg should be able to achieve TP of RM1.18 & Bluesky TP of RM3.73 in the longer term since market is so bullish on Zetriz coin which is currently trading at USD10.63 or a 213% gain. Taking Myeg's support price of RM0.815, a 213% gain will push Myeg's price above RM1.71!

RECOMMENDATION:
Collect Myeg as much as possible on current weakness and we wait for the Big Pump from the Market & Foreign Funds!

Very positive news for technology stocks like Myeg. Fence sitters should Buy before the next run-up!

KUALA LUMPUR (Dec 14): Bursa Malaysia ended the morning trading session on a good note on Thursday, supported by positive market sentiments, after the US Federal Reserve (Fed) decided to keep its interest rates unchanged.

At 12.30pm, the FBM KLCI had improved 5.78 points to 1,453.82, compared with 1,448.04 chalked up at Wednesday’s close.

The benchmark index opened 0.84 point better at 1,448.88, and moved between 1,448.14 and 1,456.26 throughout the morning session.

On the broader market, gainers surpassed losers 469 to 343, while 419 counters were unchanged, 1,113 untraded, and 37 others suspended.

Turnover stood at 2.57 billion units valued at RM1.37 billion.

In a note, Malacca Securities Sdn Bhd said the local stock exchange is expected to see further positive momentum, after the Fed signalled that US interest rates had peaked and indicated three rate cuts next year.

“Moreover, US producer prices were unchanged in November amid cheaper energy goods, showing that inflation is declining,” it added.

The brokerage firm also said that given the bullish Wall Street performance overnight, buying interest should spill over towards stocks in the technology sector.

Opportunity only comes once in a Bluemoon. Why chase at High price later, when you can Buy low while stocks lasts if KWAP is still selling?

THE CASE FOR MYEG's UPSIDE LOOKS GOOD!
Here are my comments with regards to UOB Kayhian's write-up & TP for Myeg:
1. Zetrix sold 1.2M Zetrix coins at USD5 each during ICO on 28 October raising RM28.68M for Myeg. Please note that current circulating supply of Zetrix coins is 65.33M. With current market price of Zetrix coin at USD10.63 , it already raised RM3.25B for Myeg! These income will be reflected in Myeg account in the coming Quarters. We could forsee a big Final Dividend from Myeg as a big reward for shareholders' confidence & support!
2. Contract extension for Myeg E-Services for Immigration & JPJ already obtained.
3. ICO & Listing of Zetrix token on 28 October already done at Coinstore, BitForex & MEXC.
4. Launching of Zetrade verification for exports to China & Cabinet endorsement for Digital Driving license etc
5. Building of Foreign Worker's Village in Penang & more development projects to come?
6. With The Mandani Government support for Myeg's E-Services, Myeg should be able to achieve TP of RM1.18 & Bluesky TP of RM3.73 in the longer term since market is so bullish on Zetriz coin which is currently trading at USD10.63 or a 213% gain. Taking Myeg's support price of RM0.805, a 213% gain will push Myeg's price to RM1.71!

RECOMMENDATION:
Collect Myeg as much as possible on current weakness and we wait for the Big Pump from the Market & Foreign Funds!

With JPJ & Immigration contract renewal confirmed by Govt. & Zetrade export services to China launched, Myeg should be able to achieve TP of RM1.18 & Bluesky TP of RM3.73 in the longer term since market is so bullish on Zetrix coin which is currently trading at USD8.67. With Myeg's support price at RM0.79, a 73.4% gain will push Myeg's price to RM1.37 taking into consideration income from sale of Zetrix coins by Myeg & new source of income from Ztrade services.

RECOMMENDATION:
With day traders & weak holders out of the way and since Risks vs Rewards is favourable. Collect Myeg on short term weakness while waiting for the Big Pump from Institutional & Foreign Funds.

Ztrade already in operations for exports to China & Ztrade projects to be implemented in other SEA countries from 2024.
~ let me share with you some of the Ztrade projects for you to check it out further ~

https://ztrade.ztradefi.com/

https://zidentity.co/

https://covinsure.zetrix.com/#/home
Our ecosystem partner extends beyond what's outlined =)

Opportunity only comes once in a Bluemoon. Why chase at high price? when you can Buy low while stocks lasts?

MYEG's POTENTIAL UPSIDE LOOKS GOOD!
Here are my comments with regards to UOB Kayhian's write-up & TP for Myeg:
1. Zetrix sold 1.2M Zetrix coins at USD5 each during ICO on 28 October raising RM28.68M for Myeg. Please note that current circulating supply of Zetrix coins is 65.33M. With current market price of Zetrix coin at USD8.13, it already raised RM2.54B for Myeg! These income will be reflected in Myeg account in the coming Quarters. We could forsee a big Final Dividend from Myeg as a big reward for shareholders' confidence & support!
2. Contract extension for Myeg E-Services for Immigration & JPJ already obtained.
3. ICO & Listing of Zetrix token on 28 October already done at Coinstore, BitForex & MEXC.
4. Myeg should be able to achieve TP of RM1.18 & Bluesky TP of RM3.73 in the longer term since market is so bullish on Zetriz coin which is currently trading at USD8.13 or a 62.6% gain. Taking Myeg's support price of RM0.78, a 63% gain will push Myeg's price to RM1.27!

RECOMMENDATION:
Collect Myeg as much as possible on current weakness and wait for the Big Pump from the Market & Foreign Funds!

UOB Kayhian's report was published on 21 June 2023. Zetrix coin listing was on 28 October, maybe that's why UOB Kayhian's report didn't mention on Zetrix's circulating supply. Zetrix coin was originally written as $ZTX but already changed by Zetrix to $ZETRIX to avoid confusion. Details on circulating supply & Zetrix coin name change can be found at Zetrix Official Telegram & Twitter.

“Zetrix has consistently pushed the boundaries of innovation. We are pleased to collaborate with credible digital asset trading partners Coinstore, MEXC and BitForex, which allow global cryptocurrency investors to participate and also expand distribution to support our developer community as we reinvent the future of global trade with blockchain and AI,” he says.

Zetrix’s $ZTX token is listed at a price point of 5 USDT per $ZTX, and features more than 66.7 million ZTX tokens in Circulating Supply.
Refer article on Zetrix for details on circulating supply.
https://www.globenewswire.com/news-release/2023/10/18/2762397/0/en/MYEG-s-Enterprise-Layer-1-Blockchain-Zetrix-Initiates-Coinstore-IEO-and-listing-on-multiple-platforms.html

Something is not right? More buying queue than sellers at BJCorp. Also VT Machais keep discouraging people from buying at CEO's price. Don't tell us, VT intends to privatise BJCorp with the help of NCW UK before restructuring and sell to foreign investors?
https://www.thesundaily.my/business/berjaya-corp-new-world-group-to-launch-advisory-services-XC7316734

Good news! if VT is in trouble it will speed up the restructuring of BJ Group by Jalil as alternatives next month which VT has been dragging for years in order to release asset & value creation and meet BJLand shareholdings spread extension by Bursa which ends on 22 September.

"Bursa Malaysia Securities Berhad has, vide its letter dated 19 March 2021, granted BLand a further extension of time of 6 months until 22 September 2021 to comply with the approved public shareholding spread of 20%. In view of the rapid increase in Covid-19 cases, Movement Control Orders (MCOs) and the tighter standard operating procedure (SOP) that impact the operations and financial performance of the BLand Group, the Company will need to re-evaluate alternatives to address the said non-compliance."
PUBLIC SHAREHOLDINGS SPREAD | https://www.klsescreener.com/v2/announcements/view/3366019

Read this...Smart Investor will see the parallel between BJCorp/BJLand & Ancom/Nylex restructuring...If you put two & two together you will see how the BJCorp Corporate exercise will probably takes place as announced by end June?

Key takeaways....
"'Of the RM179.3 million that Ancom is forking out for Nylex in cash and shares, a sum of RM15 million will be retained in the latter to facilitate the acquisition of a new core business for it to maintain its listing status on the Main Market of Bursa Malaysia. The remaining RM164.3 million will be distributed to Nylex shareholders, with the net distribution amount totalling 91.63 sen per share in the form of a cash distribution of 39.26 sen and new Ancom shares to be issued at RM1.50 each."'

1. THE restructuring mode in the listed entities controlled by businessman Datuk Siew Ka Wei continues, with the latest being Ancom Bhd’s proposed purchase of all the assets and liabilities of Nylex (Malaysia) Bhd.
2. The timing of the transaction was due to several factors, including adding shareholder value. “Everything depends on timing, the size and the added value of the businesses. There are many things that need to be considered, including the shareholders’ interests as well as the staff and management’s interests,” he tells The Edge, when asked why the restructuring of the businesses was being carried out now.
3. The structure of the deal will leave Nylex with a small amount of cash and a clean balance sheet. It will also be ripe for injections of assets.
4. Nylex listing status will be maintained. “There is a huge value in the listing status,”
5. “It will be a sought-after vehicle for anyone wanting to inject their assets and get a listing.

https://www.theedgemarkets.com/article/ancom-offers-purchase-nylexs-assets-and-liabilities-%E2%80%94-source

Morning reading...

Read this...Smart Investor will see the parallel between BJCorp/BJLand & Ancom/Nylex restructuring...If you put two & two together you will see how the BJCorp Corporate exercise will probably takes place as announced by end June?

Key takeaways....
"'Of the RM179.3 million that Ancom is forking out for Nylex in cash and shares, a sum of RM15 million will be retained in the latter to facilitate the acquisition of a new core business for it to maintain its listing status on the Main Market of Bursa Malaysia. The remaining RM164.3 million will be distributed to Nylex shareholders, with the net distribution amount totalling 91.63 sen per share in the form of a cash distribution of 39.26 sen and new Ancom shares to be issued at RM1.50 each."'

1. THE restructuring mode in the listed entities controlled by businessman Datuk Siew Ka Wei continues, with the latest being Ancom Bhd’s proposed purchase of all the assets and liabilities of Nylex (Malaysia) Bhd.
2. The timing of the transaction was due to several factors, including adding shareholder value. “Everything depends on timing, the size and the added value of the businesses. There are many things that need to be considered, including the shareholders’ interests as well as the staff and management’s interests,” he tells The Edge, when asked why the restructuring of the businesses was being carried out now.
3. The structure of the deal will leave Nylex with a small amount of cash and a clean balance sheet. It will also be ripe for injections of assets.
4. Nylex listing status will be maintained. “There is a huge value in the listing status,”
5. “It will be a sought-after vehicle for anyone wanting to inject their assets and get a listing.

https://www.malaymail.com/news/money/2021/04/28/source-ancom-in-bid-to-fully-acquire-nylex/1970072

Morning...

Read this...Smart Investor will see the parallel between BJCorp/BJLand & Ancom/Nylex restructuring...If you put two & two together you will see how the BJCorp Corporate exercise will probably takes place as announced by end June?

Key takeaways....
"'Of the RM179.3 million that Ancom is forking out for Nylex in cash and shares, a sum of RM15 million will be retained in the latter to facilitate the acquisition of a new core business for it to maintain its listing status on the Main Market of Bursa Malaysia. The remaining RM164.3 million will be distributed to Nylex shareholders, with the net distribution amount totalling 91.63 sen per share in the form of a cash distribution of 39.26 sen and new Ancom shares to be issued at RM1.50 each."'

1. THE restructuring mode in the listed entities controlled by businessman Datuk Siew Ka Wei continues, with the latest being Ancom Bhd’s proposed purchase of all the assets and liabilities of Nylex (Malaysia) Bhd.
2. The timing of the transaction was due to several factors, including adding shareholder value. “Everything depends on timing, the size and the added value of the businesses. There are many things that need to be considered, including the shareholders’ interests as well as the staff and management’s interests,” he tells The Edge, when asked why the restructuring of the businesses was being carried out now.
3. The structure of the deal will leave Nylex with a small amount of cash and a clean balance sheet. It will also be ripe for injections of assets.
4. Nylex listing status will be maintained. “There is a huge value in the listing status,”
5. “It will be a sought-after vehicle for anyone wanting to inject their assets and get a listing.

https://www.theedgemarkets.com/article/longawaited-ancomnylex-deal-takes

Well said! it's now or never...either way it's win win this time!

stockraider Why u can Smell and See $$$$$$$ coming to bland in not to distant future leh ??

1. The journey is set when VT bought bland share from Penta at Rm 0.38.
2. The journey confirm very real when VT had bought bland and have more than 87%
3. The journey is confirm viable when u check the map bland nta is rm 0.85 per share.
4. The journey confirm when bland share price accelerated from rm 0.19 to rm 0.50!
5. The journey is confirm when the share volume of bland has picked up to a record volume for the past 2 wks.
6. The journey is confirm when VT start disposing its assets in vietnam, China, Korea and japan to gather more bullets.
7. The journey is confirm when BJLand get back RM650 million cash from sale of GMOC though China People's Court soon?
7. The journey is confirm when VT get his macai or allies to start collecting Bland,
8. The journey is confirm when JR is appointed Group CEO with full mandate to carry out a corporate restructuring for BJ Group.
9. The journey is confirm when VT officially steps down as Executive Chairman and hinted that his next project is to convince government to carry out housing projects for B40 etc. Guess BJLand is the housing development arm with most of the landbank?

In other words it is confirm the journey of $$$$$ going to masuk your pocket is already a surething mah....!!

See BJLand's 52 weeks Lowest & Highest 5 years share price trend from 2013 to 2017 "
2017 - Lowest 36 sens / Highest 66 sens [Profit for the year RM 411,221,000]
2016 - Lowest 56 sens / Highest 76 sens [Loss for the year RM (165,024,000)]
2015 - Lowest 63 sens / Highest 83 sens [Loss for the year RM (161,828,000)]
2014 - Lowest 75 sens / Highest 88 sens [Profit for the year RM 309,213,000]
2013 - Lowest 76 sens / Highest 93 sens [Profit for the year RM 296,775,000]

For new comers read my previous aryicls on BJLand & BJCorp:
https://klse.i3investor.com/blogs/laulauramblings/147847.jsp

https://klse.i3investor.com/blogs/laulauramblings/2018-02-20-story-h1452546439-PART_1_WILL_HISTORY_REPEATS_FOR_BJLAND_4219_BJLand_Now_At_The_All_Time_.jsp
https://klse.i3investor.com/blogs/laulauramblings/2018-02-23-story-h1452569475-

PART_2_BJLAND_COULD_BE_DUE_FOR_A_HUGH_WINDFALL_OF_2_02_BILLION_IN_2018_.jsp

Good morning...
https://klse.i3investor.com/m/blog/laulauramblings/2018-02-19-story-h1452545479-BJCORP_3395_BJLAND_4219_THE_BULLS_ARE_BACK_IN_CONTROL_In_2018_the_Year_.jsp

Overseas enjoying retirement...anyway good luck & godspeed everybody! :)

At last! :)

http://tradingandpsychology.blogspot.com/2018/02/part-2-bjland-could-be-due-for-hugh.html?m=1

Good points to note on Four Seasons Kyoto assets sale:

What it means?
> With sale of 57 units of FS Kyoto Residences, BJLand already got the FS Hotels built with bank loans of USD400 million or RM1.68 Billion for free! That's 100% ROI! for BJLand/BJCorp.

> BJ Group plans to list it's hotel biz & already discussing with minority shareholders (Penta & Macquarie Bank). Hotels biz currently under BJLand (have to acquire thru' Privatisation before can proceed with the plan?)

#Four Seasons Hotel and Hotel Residences Kyoto which officially launched in December 2016, built on land bought at low price in 2009 and fully paid for it, with the US$400 million development cost to be funded via bank borrowings.

#“Once we sell the residences (out of 57 units, 37 units already sold in Dec. 2018, by Aug. 2019 most of 20 units left would have been sold with Japan Olympics in 2020! we would manage to pay the bank’s borrowing off and we will get free hotels (with FS Residences sold!, FS Kyoto Hotels is free!) plus cash!

#The tycoon said the group also plans to list its hotel business, which it does not intend to sell and hold for the long term particularly its Malaysian hotels, and is still in talks with some minority stakeholders (minority foreign funds shareholders like Penta & Macquarie Bank?) on the move (Privatisation?) he group expects the divestment to be finalised soon.

Go Go!

For newcomers who missed my previous articles on BJLand & BJCorp. Here's the link for sharing..

https://klse.i3investor.com/m/blog/laulauramblings/147946.jsp

I don't see a need yet to write a fresh article, as Bro Stockraider & Leong1982 has done a good job so far! Bravo!

stockraider Remember 2morrow quickly buy b4 too late, bland on uptrend mah...!!

1. The journey is set when VT bought bland share from Penta at Rm 0.38.
2. The journey confirm very real when VT had bought bland and have more than 85% .
3. The journey is confirm viable when u check the map bland nta is rm 0.85 per share.
4. The journey confirm when bland share price accelerated from rm 0.15 to rm 0.215 an increase more than 40%.
5. The journey is confirm when the share volume of bland has picked up to a record volume for the past 2 wks.
6. The journey is confirm when VT start disposing its assets in vietnam, China, Korea and japan to gather more bullets .
7. The journey is confirm when VT get his macai or allies to start collecting Bland,
8. Bursa has escalated Minority shareholders complaints on beach of MMLR by BJLand, there's a delay on announcement by authorities as they may adopt SGX's latest delisting rule to protect Minority interests?
9. The 14 months results to be announced EOM will be positive after adding profits from sale of two big Vietnam assets.
10. Sale of FS Kyoto to chinese buyers will be finalised soon?
11. The outcome on GMOC Arbitration, Selangor Turf Club & Jeju Korea Compensation will be known by October etc. and so on?

In other words it is confirm the journey of $$$$$$$$$ going to masuk your pocket is already a surething mah....!!

Leong1982 Those who are new here, please read!

1. BJLand land owns 40% of BJTOTO which translate into 26 cents pwr share.

2. BJLand has RM800 mil cash which is equivalent to 16 cents per share.

3. BJLand divested their investment stake in Vietnam and the profit will be reflected in the next earning report which will be released before 31 August. Last quarter, it has reported good profit, so in 2 weeks' time, we should expect another good result.

4. Four Seasons Kyoto deal may be done soon. Olympic Games 2020 in Japan, a lot of investors are upbeat about good quality assets in Japan.

5. Othe legal proceedings in China, Jeju, Selangor, BJLand is expecting to get huge amount of compensation.

6. Big boss has said he plans to priviatise BJLand. His recent actions are very clear.

7. What are you waiting for? When it ilwas 0.16 nobody wanted... Now it's 22 cents, you may think it's expensive already! When it touches RM0.38 (price big boss paid to Penta), you will be regretting!!

Well said! it's now or never...either way it's win win this time!

stockraider Why u can Smell and See $$$$$$$$$$$$$ coming to bland in not to distant future leh ??

1. The journey is set when VT bought bland share from Penta at Rm 0.38.
2. The journey confirm very real when VT had bought bland and have more than 85% .
3. The journey is confirm viable when u check the map bland nta is rm 0.85 per share.
4. The journey confirm when bland share price accelerated from rm 0.15 to rm 0.215 an increase more than 40%.
5. The journey is confirm when the share volume of bland has picked up to a record volume for the past 2 wks.
6. The journey is confirm when VT start disposing its assets in vietnam, China, Korea and japan to gather more bullets .
7. The journey is confirm when VT get his macai or allies to start collecting Bland,

In other words it is confirm the journey of $$$$$$$$$ going to masuk your pocket is already a surething mah....!!

Don't change the subject. Anyway those who laughs last laugh best :)


"limkopi since when Bland got reach RM6? historical high was RM2.18 on 28 Dec 2007"

https://klse.i3investor.com/m/blog/laulauramblings/147946.jsp

Read this. Will update after we come back from Monaco.

https://klse.i3investor.com/blogs/laulauramblings/147946.jsp

Yup...let the contra and short term players have their day, in order to build a strong base...medium to long term players have no worries...:)

https://klse.i3investor.com/blogs/laulauramblings/147847.jsp
https://klse.i3investor.com/blogs/laulauramblings/147946.jsp
https://klse.i3investor.com/blogs/laulauramblings/148239.jsp

BJCORP (3395)? BJLAND (4219)? ...THE BULLS ARE BACK IN CONTROL!...In 2018, the Year of the Earth Hound...WOULD YOU LIKE TO MAKE 100% TRADING STOCKS?
https://klse.i3investor.com/blogs/laulauramblings/147847.jsp

Guess what is it for? :)

Daim holds maiden meeting with heads of six GLICs today

Tun Daim Zainuddin, the head of the newly set-up Council of Eminent Persons as announced by Prime Minister Tun Dr Mahathir Mohamad on Saturday, who had invited and met with the chief executives of the six GLICs this morning.
They are Datuk Shahril Ridza Ridzuan of the Employees Provident Fund, Datuk Abdul Rahman Ahmad from Permodalan Nasional Bhd, Datuk Wan Kamaruzaman Wan Ahmad of Kumpulan Wang Persaraan (Diperbadankan), Tan Sri Lodin Wok Kamaruddin of Lembaga Tabung Angkatan Tentera (LTAT), Datuk Seri Johan Abdullah of Lembaga Tabung Haji (LTH) and Tan Sri Azman Mokhtar from Khazanah Nasional Bhd.
http://www.theedgemarkets.com/article/daim-holds-maiden-meeting-heads-six-glics-today

Just sharing some lunchtime reading for all :)

https://klse.i3investor.com/blogs/laulauramblings/147847.jsp
https://klse.i3investor.com/blogs/laulauramblings/147946.jsp
https://klse.i3investor.com/blogs/laulauramblings/148239.jsp

Since the Rakyat & Minority Shareholders has spoken...this calls for a double celebration...2018 is indeed a lucky year for Uncle Tan coming after Cardiff...we are very sure he will do his best for Country and both BJLand & BJCorp from now...anybody who still wants to sell cheap on Monday are welcome to do so as actually averaged down to 25 sens...so far only 30% invested with plenty of cash reserves :)

An opportunity to buy low (due to Uncle Tan's magic) to average down and sell high later in the year...as BJland latest Qtr. Shows a Qtr. to Qtr. improvement in performance of 91.01% with NTA of RM0.86 per share :
Profit before tax of RM86.841M
Profit after tax of RM35.830M
Only Loss of RM8.984M to parent company (BJCorp)

22-Mar-2018 31-Jan-2018 1,564,428 86,841 35,830 -8,984 2.29% -0.21% -0.18 0.00 0.8600 91.01%

https://klse.i3investor.com/servlets/stk/annqtyres/4219.jsp

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5732473

哈哈...Today will be a beautiful day....

哈哈...Today will be a beautiful day....

哈哈...Today will be a beautiful day....