Can understand why Ancom came down to below pre annoucement level.Although Ancom did not directly benefit from the S5 deal, the valuation of its stake in Ancom Logistic had increase substantially. Ancom logistic had gone from 8 cents pre annoucement to 45 cents now

Kenanga recommend. This cause price to spike today. Taking about the
stake in the Australian Gold exploration company.
Look at 1 wk share price and you know they have no gold.

“The fair value gain of RM63mil should increase by another RM9.5mil to around RM72.5mil by the closing of Green Packet’s third quarter as they have recognised two quarters of the debt interest payments in the first half of FY2020, ” he said.
In a nutshell, he explains, the exercise is a “total clean up of Green Packet’s balance sheet” as its gearing will be reduced to zero and it will extinguish the RM20mil in annual interest payments.
The monies could be used to fund its growth plan, which includes building a cloud computing business with Internet giant Tencent Holdings Ltd, as speculated by media reports.
Hopefully this will propel the counter like the Glove counter

Look at all Tech stocks. This one is now zero gearing.
Low of 39.5 cents and high of $1.65. No stamp duty.
Good to trade

Everyday going downwards

Posted by Cedric Chan CA > Jul 25, 2020 9:17 PM | Report Abuse
Ekovest friday nice closing high. good chart pattern!
Check the trading at 4.50PM. All sellers at 53 & 53.5 cents were matched at 54 cents. At 4.45pm the last traded price is 53 cents.
That means the buyer bought all sellers at 54 cents.
Likely they will push this counter above 54cents on monday

Gold close above USD$1900 per once.
Poh Kong MCO shutdown was good. Stock not sold increase in value

Low of 0.395 during March Mkt Crash. High of 1.65.
I will just accumulated below 50 cents if it drop to that level.
Worth a gamble on the odds

Value of stock would have increased significantly.

This counter defy logic. Low of 39.5 cents during mkt crash. High of 1.65 after that. Warrant B trading at 22 cents and there are still people converting the WB at exercise price of 40 cents.
Green Packet own 28% of G3 Global. Basing on G# Global mkt cap, this is already 30 cents per share.
Think the only reason this counter is stuck at this range is because
major shareholder press down by selling and buying back later in the day. No stamp duty and if you use Rakuten, the brokerage is max $100.
Plus a small amount of clearing fee, they can make alot everyday.
Best way to play this counter is to buy in the red only and pick up.

Finance Minister allow IWCity & China Railway consortium to defer payment of next installment of deposit till April 2021.
This confirm that Bdr Malaysia is still on. With HSR also on, there should be upside

UEM Sunrise is the biggest landowner in Iskandar Region Johor Bahru.
The HSR will definitely benefit this co. Just buy on dip and lock up for sometime.

Payment allowed to be deferred till April 2021

Bandar Malaysia Play

HSR to be sigm 31st July

Placement of 10% shares at 52 cents only

No HSR play this round

HSR confirm starting November. Maybe extend to Bandar Malaysia again.
Sultan Johor Kahwan

Nobody running now?

Burning cash for politics. Starbiz also got funny headline regarding Airasia 1st Q results.
Headline on 2+B revenue. Loss of 803m in small print. What kind of business reporting

Goreng ke all the other penny stocks. No UMA cos corporate proposal allalready annouced. Maybe go like Anzo and Yong Tai

Lost patience. Go for faster ones

Cash co with no debt.

Wait for margin acc selling. Now still embargo

Without this loss maybe still solvent

Wonder why they unwind 70% of fuel hedge at usd 60 for below usd 40, losing hundreds of millions in the process. Some of this were for 2021 and oil price is uptrend. Also Govt is passing Covid Act this coming parliment

Looks like about time to move. Strong support base formed. Weak holder already weed out. No many sellers left

Liability exceed assets by 1.86B.

At the trading price of 87 sen, AirAsia is valued at RM2.91 billion.
CGS-CIMB Research’s Raymond Yap is forecasting AirAsia to post a core net loss of RM3.96 billion in FY20, and a RM455 million net loss in FY21. He anticipates the budget airline to return to the black with net profit of RM371 million in FY22.
According to him, AirAsia has restructured 70% of its fuel hedges (originally 72% of 2Q-4Q20F and 20% of FY21F budgeted consumption at Brent price of US$60/bbl) by agreeing to settle some over six months and pushing some to FY21F in order to ease cash flow.

Good luck for those who says Buy. The hedging of oil by AA is not fully unwind. Still lots of active position

Wah. Thank God. Buy 500,000 yesterday at 89.5 cents. Sold today at 87.5 cents. Lucky small loss

Resume Singapore JB MRT no effect?

Bumi Armada, Hibiscus and Perdana all moved. This counter big shark block at 15.5 cents while buying at 15 cents

Does Yong Tai Have Theme Park

Lastest results shows still making profit. Better than Anzo

Bank Negara approved the use of e-KTC (Know Your Customer).
Does Green Packet own e-KYC. How much potential earnings impact?

From $1.44 to 55 cents. About 1/3 left. I suppose its worth a big bet, win or lose

I think still got announcement and going further up. I sold all too
highest at 18.5 in the morning and 17.5 also morning. Balance sold at 18 in the afternoon. They keep clearing the 18 seller.

Retailers all selling but price remain up cf pre suspension.
Think will go up further

Bought before suspension at 15 cents. Thought sure die and key in before market open at 14.5 cents. Done at 18 cents. Good profit

Why Vizone move but Vertice did not move. Both 50:50 in Penang Transport Masterplan and Vertice own 13% of Zenith

Vertice probably better. More than 10% stake in Zenith

Brent crude is $43+. The last time when Brent crude at $43+ , sapura energy at 12cent

The last time Brent reach $43, Velesto went to 19 cents

waking up

So the project is definitely on. If federal govt is not funding, state govt is going alone. No more doubt that the project will proceed

Project going ahead even without federal govt support

THE 46B Penang Transport Masterplan going ahead with or without Federal Govt Support. Will this benefit Ewein
https://www.thestar.com.my/news/nation/2020/06/20/mega-projects-in-penang-to-go-ahead

Finally got hope after long suffering. The 46 Billion Penang Transport Masterplan is going ahead.
Refer this link : https://www.thestar.com.my/news/nation/2020/06/20/mega-projects-in-penang-to-go-ahead. This company is tie up with Zennith Construction for a few packages of the Penang Transport Masterplan. Refer to Kenny Yee Rakuten Head of Research, Stock Pick for Year.
The outlook for the group’s construction business is bright, given Vertice’s alliance with the main contractor of the RM6.3bil Penang Transport Masterplan project, Consortium Zenith Construction Sdn Bhd.

There are four construction packages under main contractor, with Package 2, worth RM815mil having been awarded to Vertice.
Hope its finally happening. No wonder very few sellers for last few weeks.

When Bumi Amada was 22cents, velesto was 17cents. Hibiscus was 61 cents. Now the other 2 go up but velesto go down