YTL Power with shares of 8,189 miliion has surged from 70 sen to highest at 5.47 with announcement of tie-up with only Nvidia!

Vstecs with 360 million shares can surely do better than current price of 3.65? with announcement of partnership with AWS+Broadcom(VMWare)+Starlink+ Nvidia Ai PC & GPU?. Next TP should be at least 4~5 before next Qtr?

RECOMMENDATION:
Don't wait anymore, you will never get your lowest price. Collect VSTECS as much as possible on current weakness. Already reached bottom as the trend of higher lows will lead to higher highs indicating that an uptrend is occurring with overall mark-up in the value of Vstecs by next Qtr once income from AWS, Starlink, Broadcom VMWare and Nvidia Ai Computer & GPU sales are recognised. Once correction phase is over, Vstecs will rise even higher for the 3rd wave for the next Limit Up! with buying from Market & Foreign Funds! TP RM4~5 is still on track!
ps if you compare the price chart of Ytlpower with Vstecs, you will see a similar trend of future price performance.

Very good comeback by the operators! Expect more upside in the next few days after weak holders and day traders are all flushed out? Apart from diversification into Healthcare Business, Kobay Technology benefits from semiconductor, E&E demand surge.
Kobay will start electronic manufacturing system (EMS) and solar panels soon.
Kobay is ready to manufacture aluminium frames for solar panels as the renovation and installation of its new 15-acre plant dedicated to renewable energy-related business had completed.

Just wait for the updated announcement from Kobay before the next Lu?
https://www.thestar.com.my/business/business-news/2023/03/16/kobay-technology-to-start-production#openShareModal
https://themalaysianreserve.com/2022/09/13/report-kobay-technology-benefits-from-semicon-ee-demand-surge/

Kobay shares are tightly held by Private Companies & Institutions. Kobay Holdings already holds 34.1% with only 20.3% held by general public (retailers). With diversification into Healthcare business, Kobay's earnings forecast at 60.4% per year is better than savings rate of 3.6%. Kobay's earnings are forecast to grow faster than My market of 12.1% per year.

Recommendation:
Today's transaction volume is low due to Kobay shares tightly held by substantial shareholders. Only weak holders and retailers are weeded out with the Operators still accumulating. Buy on any weakness and we wait for the next wave of buy by market & Institutional Funds.

Kobay shares are tightly held by Private Companies & Institutions. Kobay Holdings already holds 34.1% with only 20.3% held by general public (retailers). With diversification into Healthcare business, Kobay's earnings forecast at 60.4% per year is better than savings rate of 3.6%. Kobay's earnings are forecast to grow faster than My market of 12.1% per year.

Recommendation:
Buy on weakness and we wait for the next wave.

Ownership Breakdown
Individual Insiders 2.5%
Institutions 16.7%
General Public 20.3%
Private Companies 60.5%

Earnings vs Savings Rate: KOBAY's forecast earnings growth (60.4% per year) is above the savings rate (3.6%).

Earnings vs Market: KOBAY's earnings (60.4% per year) are forecast to grow faster than the MY market (12.1% per year).

High Growth Earnings: KOBAY's earnings are expected to grow significantly over the next 3 years.

Top 19 shareholders own 79.7% of the company.
#Kobay Holdings Sdn. Bhd 34.1%
#Norinv Kapital Sdn. Bhd 18.7%
#Hong Leong Asset Management Bhd.
4.75%
#Inna Capital Sdn. Bhd. 4.62%
#Norges Bank Investment Management 4.09%
#Pemiergrow Capital Sdn. Bhd.
3.17%
#Employees Provident Fund of Malaysia 1.9%
#Kumpulan Wang Persaraan 1.75%
#Chen Ghee Tan 1.39%
#Kenanga Investors Bhd. 1.36%
#Lembaga Tabung Haji, Endowment Arm
1.17%
#Shwu Yan Lai 0.75%
#Manulife Investment Management (M) Bhd.
0.43%
#Chuan Kim Young 0.36%
#Meridian Asset Management Sdn Bhd
0.35%
#Taurus Investment Management Berhad 0.3%
#KAF Investment Funds Bhd. O.29%
#Dimensional Fund Advisors LP 0.2%
#AmIslamic Funds Management Sdn Bhd 0.12%

(Weekend Reading)
Key Takeaways On Iris:

#Iris currently has a very good return of 3.95 sen over present market price, with more than 10% returns.
#Iris Mgt has also performed a good Share Consolidation with Share Capital adjustment (Capital reduction pursuant to Section 116 of the Companies Act 2016 where retained earning of 610,759k was used to offset Accumulated losses (430,000k), resulting in a gain of 180,759k in the Balance Sheet. Cash flow has also improved by 135%, with cash & cash equivalents increasing from 104,801k to 142,029k.
#Iris is still a profitable business even without income from Niise. Refer latest 4th Qtr. & 12 months ended 31 March, 2024 results.
#Arbitration is ongoing with Government to negotiate the quantum of compensation for Iris due to unilateral termination of Niise Contract.
#Iris has good chance on winning the Niise Arbitration Award from Government of at least RM231.5 million or more?
*Note: Awantec has won a suit against the Government for the unilateral termination of Sistem Kawalan Imigresen Nasional (SKIN) project the predecessor of Niise with an award of RM231.5 million.
https://www.nst.com.my/business/corporate/2024/03/1025629/kl-high-court-orders-government-pay-awantec-rm2315mil-terminating

RECOMMENDATION:
Take advantage of current Technology & DC connected stock play. Collect Iris as much as possible on any weakness, as Iris is on the verge of a breakout! Don't let sharks collect cheap from stale bulls & weak holders. For retailers with paper loss, now is the best time to average down Iris with minimum risk. With a clean Balance Sheet, good Cash Position, Little Debts & NTA of 0.4651 per share, Iris is well positioned to move higher once resistance 0.36 is broken. TP 0.60 & beyond is still on track!

Iris is the obvious choice for MBCA's National Border Control Needs.
Why Iris?
#Immigration Department already using Iris supplied Border Control equipment & solutions.
#MBCA will require Iris to upgrade existing Border Control equipment with hightech & Ai capabilities with the use of cutting-edge technology, including artificial intelligence, that will be adopted to enhance border control management.

RECOMMENDATION:
Take advantage of current Tech & DC connected stock play. Collect Iris as much as possible on any weakness as Iris is on the verge of a breakout! With a clean Balance Sheet, good cash position & little debts & NTA of 0.4651 per share, Iris is well positioned to move higher once 0.36 is broken. Iris is still a profitable business even without income from Niise. Refer latest 4th Qtr. & 12 months ended 31 March, 2024 results. TP 0.60 & beyond is still on track!

Introducing Iris Smart Kiosks Solution for National Border Controls & High Security Protection for Data Centers.
https://www.iris.com.my/smart-kiosks/

Malaysia Border Control Agency
https://www.ttgasia.com/2024/05/08/malaysia-launches-agency-for-enhanced-border-control/

IRIS already has the technology and expertise on Border Control to support the new Malaysia Border and Entry Agency (MCBA), which acts as the sole agency in overseeing border security matters and emphasises the use of cutting-edge technology, including artificial intelligence, that will be adopted to enhance border control management. MCBA may work with IRIS as a One-Stop solution provider to MCBA's Border Control requirements to implement effective Border Controls?

Why IRIS Border Control Solution?
#Inventor of the world’s first ePassport and multi-application national eID card.
#Specialise in the provision of fully integrated border control and management solutions to national governments and border management authorities for specific needs in border protection and management.
#Offer comprehensive intelligent border control management system that seamlessly automates and accelerates border crossings, enabling the reading, cross-checking and authenticating millions of passports, visas and other travel documents.
#Integrate technology, solutions and devices to quickly authenticate and verify identity for both online and offline (on-card), through core patented Image Retrieval & Identification System (IRIS).
#Have a wide range of technologically-advanced and award-winning smart devices ranging from basic card readers, biometric card readers, to multi-functional mobile terminals, kiosks and smart eGates to complement the total Smart Border Control Solution.

Our Secure Solutions
We offer comprehensive, highly adaptive and customisable Trusted Identification software solutions that are built on a secure and technologically advanced platform. Our solutions unify security, inventory, workflow and lifecycle requirements while managing enrolment, production, issuance of physical or electronic documents such as identity cards, ePassports, driver’s licenses, voter’s cards, visas and many more.
IRIS Border Control Solution
https://www.iris.com.my/wp-content/uploads/2020/04/Border-Control-Solution.pdf

Home Ministry eyes cutting-edge tech, AI to enhance border control management
By Fuad Nizam
May 5, 2024 @ 2:40pm

KUALA LUMPUR: The Home Ministry will look into the use of cutting-edge technology, including artificial intelligence, to enhance border control management.
Its minister, Datuk Seri Saifuddin Nasution Ismail, said the adoption of the technology was based on the vision of Prime Minister Datuk Seri Anwar Ibrahim to achieve a sustainable and high-income nation, where a secure and safe environment plays a crucial role.
"To achieve this vision and aspiration, a secure and safe environment plays a crucial role where threats such as cyberattacks, radicalism and extremism need to be handled effectively to safeguard the harmony and sustainability of the nation.
"In line with this, Malaysia is taking steps to strengthen security control involving border security by establishing the Malaysia Border and Entry Agency (MCBA), which acts as the sole agency in overseeing border security matters and emphasises the use of cutting-edge technology, including artificial intelligence, that will be adopted to enhance border control management," he said in a joint press conference with Defence Minister Datuk Seri Khaled Nordin following a walkabout to witness the final preparations for DSA and Natsec Asia 2024.
https://www.nst.com.my/news/nation/2024/05/1046505/home-ministry-eyes-cutting-edge-tech-ai-enhance-border-control

(Updated Wesak Holiday Reading)

Who is IRIS?
Iris is still a profitable company with PE of 8.84 as compared to peer average of 37.7x even without Niise. With a clean Balance Sheet, good Cash Position & little Debts & NTA of 0.4651 per share, Iris is well positioned to move higher once 0.36 is broken.
Recommendation: Benefit from First Mover advantage on this hidden gem! Accumulate IRIS while still cheap and we wait for the Breakout coming anytime now before Market & Foreign Funds comes!

#Price-To-Earnings vs Peers: IRIS is good value based on its Price-To-Earnings Ratio (8.8x) compared to the peer average (37.7x).
#Debt Level: IRIS has more cash than its total debt.
#Reducing Debt: IRIS's debt to equity ratio has reduced from 61.2% to 2% over the past 5 years.
#Debt Coverage: IRIS's debt is well covered by operating cash flow (540.5%).
#Interest Coverage: IRIS earns more interest than it pays, so coverage of interest payments is not a concern.

Refer link for latest info:
https://www.tradingview.com/symbols/MYX-IRIS/

IRIS Corporation Berhad, a technology integrator and innovator with Innovative, Relevant, Intelligent & Secure solutions for trusted identification, has over 25 years of experience in developing ePassports and multi-application eID cards.

From manufacturing smart cards and identity documents to the devices required to authenticate them, to designing the world’s first ePassport and multi-application national eID card, we are adding trust, simplicity and value to a growing portfolio of discerning clients in 34 countries across the globe.

PRODUCTS & SOLUTIONS
Government
ID Solution
Passport Solution
eVisa Solution
Border Control Solution
Digital ID Solution
Smart Kiosks
Secure Document Solution

Enterprise including Data Centers
Smart Card Solution
Secure Document Solution
Smart Devices
Smart Kiosks
https://www.iris.com.my/smart-card-reader-devices/

For those who believed in my call on Vstecs, can also consider another Tech & DC connected stock Iris just waiting to breakout?

Nasdaq hits record high! Accumulate Techstock & DC connected Vstecs on any weakness before Market & Foreign Fund buys, once Vstecs announce distribution/partnership with Nvidia on Ai PC & GPU, the next Lu may come sooner or later?

Nasdaq hits record, S&P ticks higher with Nvidia results eyed
By Reuters
May 21, 2024 @ 8:22am

https://www.nst.com.my/business/corporate/2024/05/1053278/nasdaq-hits-record-sp-ticks-higher-nvidia-results-eyed

IRIS Malaysia 4th-Quarter 2024 & 12 months ended March 31, 2024 Earnings Summary Table
May 20, 2024 17:48 GMT+8
IRIS (0010.KU) - Malaysia
(4th) quarter ended Mar 31, 2024
Figures Are In Ringgit (MYR).
Revenue 46,137,000
PreTax Profit 5,077,000
Net Profit 4,319,000
Earnings Per Share 0.53 Sen
NTA Per Share 0.4651

12 months ended Mar 31, 2024
Revenue 371,108,000
PreTax Profit 40,380,000
Net Profit 32,247,000
Earnings Per Share 3.95 Sen
https://www.tradingview.com/news/DJN_DN20240520002557:0/

RECOMMENDATION:
Take advantage of current Tech & DC connected stock play. Collect Iris as much as possible on any weakness as Iris is on the verge of a breakout! With a clean Balance Sheet, good cash position & little debts & NTA of 0.4651 per share, Iris is well positioned to move higher once 0.36 is broken. Iris is still a profitable business even without income from Niise. Refer latest 4th Qtr. & 12 months ended 31 March, 2024 results. TP 0.60 & beyond is still on track!

Technical Summary from Tradingview also Recommended a Strong Buy! Refer link below:
https://www.tradingview.com/symbols/MYX-IRIS/

DC linked counters like Vstecs are key beneficiary of the artificial intelligence (AI) boom in Malaysia that has spurred demand for digital infrastructure (Broadcom VMWARE), including the internet (Starlink), cloud computing and other IT services (AWS & Nividia Ai PC, with DCs being the crucial components that support digital infrastructure where digital data is stored, managed and processed.
https://theedgemalaysia.com/node/711335

(Updated Weekend Reading)
YTL Power with shares of 8,189 miliion has surged from 70 sen to highest at 5.39 with announcement of tie-up with only Nvidia!

Vstecs with 360 million shares can surely do better than current price of 3.62? with announcement of partnership with AWS+Broadcom(VMWare)+Starlink+ Nvidia Ai PC & GPU?. Next TP should be at least 4~5 before next Qtr?

The case for VSTECS an MSC-Status company which witnessed a surge of its share price to RM3.88 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.
#Vstecs to announce partnership with Nvidia on Ai PC & GPU soon?

RECOMMENDATION:
Collect VSTECS as much as possible on any weakness and we wait for the next Limit Up! with buying from Market & Foreign Funds!

Refer Tradingview for latest market information on Iris with link below:
https://www.tradingview.com/symbols/MYX-IRIS/

Iris The Dawn of a new Beginning?

Founded in 1994, IRIS Corporation Berhad (ACE Market: IRIS) is an MSC-status technology innovator and leading provider of Trusted Identification (ID) products and solutions for Business, Data centers & Government in Malaysia, the Asia Pacific, Oceania, Africa, and North America. Backed by a team committed to delivering innovation, designed the world's first ePassport for the Government of Malaysia in March 1998.

IRIS provides total end-to-end solutions for electronic Passport and electronic Identification system for high security needs of Data Centers & Government. Some of the products are Passport Inlays, e-Passport Readers, Smart Cards, Smart Card readers, Biometric scanners, Electronic Ticketing System and Automated Border Access Control System

Currently, IRIS has been exported to many countries such as Bahrain , Indonesia , New Zealand , Syria , Thailand , Turkey , United Arab Emirates and United States of America.

IRIS Berhad has a total shareholder equity of MYR373.2M and total debt of MYR7.5M, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are MYR651.2M and MYR278.0M respectively. IRIS Berhad's EBIT is MYR40.5M making its interest coverage ratio -11. It has cash and short-term investments of MYR129.0M.

#Third quarter 2024 earnings released: EPS: RM0.003 (vs RM0.002 in 3Q 2023)
Feb 28
#Second quarter 2024 earnings released: EPS: RM0.002 (vs RM0.002 in 2Q 2023)
Nov 19
#IRIS Corporation Berhad Announces Re-Designation of Poh Soon Sim, Executive Deputy Chairman as Executive Chairman
Sep 01
#First quarter 2024 earnings released: EPS: RM0.003 (vs RM0.001 in 1Q 2023)

#Short Term Liabilities: IRIS's short term assets (MYR455.0M) exceed its short term liabilities (MYR267.5M).
#Long Term Liabilities: IRIS's short term assets (MYR455.0M) exceed its long term liabilities (MYR10.5M).

Below Fair Value: IRIS (MYR0.34) is trading below our estimate of fair value (MYR6.32)

Significantly Below Fair Value: IRIS is trading below fair value by more than 20%.

Price-To-Earnings vs Peers: IRIS is good value based on its Price-To-Earnings Ratio (8.2x) compared to the peer average (37.7x).

Debt Level: IRIS has more cash than its total debt.

Reducing Debt: IRIS's debt to equity ratio has reduced from 61.2% to 2% over the past 5 years.

Debt Coverage: IRIS's debt is well covered by operating cash flow (540.5%).

Interest Coverage: IRIS earns more interest than it pays, so coverage of interest payments is not a concern.

Recommendation:
Take advantage of curent Market Play on Technology & Data Center connected stocks! Buy Iris while still cheap before expected profitable Qtr. is out! Current price only 34 sen, once it breaks 36 sen. It is expected to fly! Swim with the Sharks as Market Operators can be seen quietly accumulating Iris. TP60 sen and beyond!

Yes, Vstecs with AWS cloud & Ai services will mint money first as collects cash upfront from DC providers. Already show signs of movements?
Btw if can't afford Vstecs can try Iris, another hidden trusted ID & Ai services provider to DCs?
https://www.irisid.com/iris-id-provides-security-and-data-protection-for-google-data-centers/

Tech stock Ytl with 11,065 million shares already up 18 cents to 5.36 today! Wherease Vstecs with only 360 million shares has a lot to catch-up! Accumulate on weakness and wait for the next Lu! TP above 4 to 5 is not a dream!

Now correction is over, accumulate while still low and wait for Market & Foreign Funds to LU Vstecs like YTLPower/ Unisem!. Ada Oomph! Up 3 to 4x! due to 1-Stop Solution Provider for Software, Hardware. Cloud Hosting AWS ASEAN , Broadcom (VMware) ASEAN & China, StarLink and Nvidia Ai solutions for DC.

Enjoy your ride to the next Lu!
Asia-Pacific data centre market continues to grow, says CBRE:: https://theedgemalaysia.com/node/710125

For those who hesitated to buy Vstecs in the morning, can always try Iris? Already showing signs of movements as operator has been quietly accumulating?

Already exceeded previous Lu price and reached 3.65! Can we push to highest of 3.88 and thereafter? After that TP of 4-5 is not impossible to surpass YTL or Unisem, as market capitalisation of Vstecs is very small in comparison?

More £££! Vstecs should be announcing appointment as distributor for NVIDIA Virtual Desktops, DGX AI Compute Systems, Compute, DGX Cloud, NVIDIA AI soon similar to Vstecs Singapore?

Partner

NVIDIA Virtual Desktops, DGX AI Compute Systems, Compute, DGX Cloud, NVIDIA AI

Many short term punters wasted so many years on stock market but never learned something basic and simple. Market is always forward looking to Vstecs money making partnership with AWS+Broadcom+Starlink. Let's not forget Vstecs has gone through a correction from 3.88 to 3.30 earlier. Vstecs should emulate Unisem! next TP at least 4.00 or higher?

Another Unisem in the making? Congrats to those who managed to catch at the lowest price. After flushing most weak holders, the 2nd wave may be coming sooner than expected?

What's The Opportunity In VSTECS Berhad?

Ownership Breakdown
#Institutions 4.49%
#Individual Insiders 7.79%
#General Public 17.5%. (Retailers)
#Private Companies 22.9%
#Public Companies 47.3%

Top 25 shareholders own 81.88% of the company. Top 9 shareholders as follows:
1. VSTECS Holdings Limited 45.6%
2. Sengin Sdn Bhd 12.2%
3. Dasar Technologies Sdn Bhd 8.64%
4. Chieng Siew Chiew 3.7%
5. Eastspring Investments (Singapore) Limited 2.02%
6. Melco Holdings Inc. 1.68%
7. Kenanga Investors Bhd. 1.25%
8. Kooi Fui Lim 1.18%
9. Oasis Hope Sdn. Bhd. 1.01%

Good news, investors! VSTECS Berhad is still a bargain right now according to our price multiple model, which compares the company's price-to-earnings ratio to the industry average. We’ve used the price-to-earnings ratio in this instance because there’s not enough visibility to forecast its cash flows. The stock’s ratio of 18.24x is currently well-below the industry average of 23.28x, meaning that it is trading at a cheaper price relative to its peers. Although, there may be another chance to buy again in the future.


VSTECS Berhad's earnings growth are expected to be in the teens in the upcoming years, indicating a solid future ahead. This should lead to robust cash flows, feeding into a higher share value.

What This Means For You

Are you a shareholder? Since VSTECS is currently trading below the industry PE ratio, it may be a great time to increase your holdings in the stock. With an optimistic profit outlook on the horizon, it seems like this growth has not yet been fully factored into the share price. However, there are also other factors such as capital structure to consider, which could explain the current price multiple.

Are you a potential investor? If you’ve been keeping an eye on VSTECS for a while, now might be the time to enter the stock. Its prosperous future profit outlook isn’t fully reflected in the current share price yet, which means it’s not too late to buy VSTECS. But before you make any investment decisions, consider other factors such as the strength of its balance sheet, in order to make a well-informed investment decision.

Recommendation:
Accumulate on any weakness as 81.88% shares are controlled by 25 shareholders with Vstecs Holdings controlling 45.6%, only 17.5% are held by general public (retailers) while 47.3% are held by public companies.

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!