Fantastic result with PAT in excess of RM55m will be reported for Q3 due to the completion of the regularization exercise.

https://www.thestar.com.my/business/business-news/2023/10/31/king-buys-more-shares-in-citaglobal

The CEO is obviously on his steady path to deliver his visions for the company, not forgetting that the company is also in good position to secure more projects and probably some projects from Lagenda Properties Bhd...

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=139678&name=EA_GA_ATTACHMENTS
https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=140790&name=EA_GA_ATTACHMENTS
https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=140467&name=EA_GA_ATTACHMENTS

All in all, the company has about RM710 mil contracts on hands which shall translate into annual turnover of at least RM200 mil per annum from 2024 onwards, not to mention that more contracts can be secured in the next 12 months. Hence, pretty exciting and robust growth for a smallish company like this. Hopefully it would start registering pretax profit of RM20 mil or higher per annum from 2024 onwards.

https://klse.i3investor.com/web/stock/financial-quarter/4847
As a matter of facts, Epicon reported profits in the last 3 quarters since 4th quarter of 2022. Anyway, some may be willing to hold for another few months as long as there is money to make...😂

It's all at the discretion of the authority on how they count. Epicon has indeed reported profit in the last quarter. 😅

Probably end of next month after its quarterly profit announcement.

This is very much undervalued given that it will be uplifted from PN17 classification in a few months' time and it has already started reporting profits again. Furthermore, its existing orderbook provides clear visibility for the next few years. It's an underappreciated gem.

The company will report record or highest quarterly profit in excess of RM55m next month arising from the recently completed corporate exercise. So the share price may be on the way to the moon soon.

The company has not been reporting a full profitable financial year since 2016. The current FY will likely mark a turning point for the company. Waiting for the full year result to be announced in Feb 2024.

US casino licence bid could lift Genting Malaysia’s fair value by 8%-14% to RM4.32-RM4.55, says CGS-CIMB
https://theedgemalaysia.com/node/683222

https://theedgemalaysia.com/node/683267

Deals and opportunities in ESG in Malaysia

https://www.thestar.com.my/business/business-news/2023/09/20/malaysias-largest-renewable-energy-power-plant-commences-operation

https://theedgemalaysia.com/node/674754
The above depicts the potential earnings of biogas power plants. Seal has started with investing in 10MW initially which may translate into RM15m earnings a year based on a very rough estimation. Hopefully more RE investments to come.

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=140070&name=EA_GA_ATTACHMENTS

https://www.youtube.com/watch?v=_NOTaDy8XFw

It's meaningless to look at the fundamentals of this counter as it has been years for this counter having been traded at insane low PE and way below it's NTA. Either buy and keep for the cow to come home, or forget about buying this counter hoping for near term gain....

Jaks can fly immediately if it chooses to sell off its money losing malls and property businesses even with a one off loss from the disposals. Too bad the management team is still sleeping for the last few years

https://mp.weixin.qq.com/s/bk3MJAv6JFNHoyX4RNBNIg

https://www.theedgemarkets.com/node/665099

Chin Hin Group coming into the picture??

https://mp.weixin.qq.com/s/bk3MJAv6JFNHoyX4RNBNIg

截至2023年3月31日24时，海阳公司3月份完成发电量 86843.41万千瓦时，同比增长 107.97%，完成越南电网月度计划的 108.07%，超发6491万千瓦时，再次刷新了2020 年投产以来单月发电量历史最高纪录。

经过2022年一年的努力，海阳公司狠抓缺陷治理，提升机组性能，通过B修、C修、技改，一直困扰机组稳定运行的锅炉返料腿泄漏、给煤机堵煤问题得到彻底治理，为安全稳定长周期运行打下了坚实的基础。2023年是海阳公司“精细化管理年”，公司将继续查漏补缺，补齐短板，对标国内先进同类型电厂管理方式及管理指标，旨在实现从稳定运行到经济运行、从规范管理向精细化管理的跃升，全力多发抢发，力争超额完成年度生产经营指标。

https://mp.weixin.qq.com/s/bk3MJAv6JFNHoyX4RNBNIg

https://mp.weixin.qq.com/s/bk3MJAv6JFNHoyX4RNBNIg

The LTIP options will be worthless to the ALP and the employees if the share price stays below 24 sen. Obviously they have to find ways to improve the company's financial performance in order for the share price to move upward to say at least 50 or 60 sen. Otherwise, there is little kick for them. 10 sen or 20 sen gain from the total of 17 million shares would translate into RM1.7 mil or RM3.4 mil profit for ALP from his entitlement which will mean nothing exciting for him....

https://klse.i3investor.com/web/blog/detail/gotyou/2022-05-27-story-h1623448661-VIETNAM_BOT_PPA_SECRET_REVEALED

https://www.theedgemarkets.com/article/lss4-projects-get-fouryear-ppa-extension

LSS4 projects to get four-year PPA extension

It's good to see the company start issuing more press release to the investment community. It will help raise the profile of the company

Jaks management must quickly take actions to dispose of its property investment arms even at a loss to stop its bleedings, and use the proceeds to exercise its call options to buy the additional 10% stake in JHDP which can boost its annual net profit contribution to close to RM200m per annum.

https://messenger.i3investor.com/res/msg/file/25087/2022/6/jaks_affin_june_2022_20220601213153.pdf

Current market capitalization is RM613m only. Its net profit is projected to increase from RM51.9m in 2021 to RM113m in 2022. Unfortunately the share price has been dropping with no support at all, similar to many other listed companies in this bearish Bursa market.......

https://klse.i3investor.com/web/staticfile/view/450826

https://klse.i3investor.com/web/stock/overview/3069
MFCB also moved since last month

The low hanging fruits for Jaks are buying the additional 10% in the Vietnam power plant and disposing of the malls immediately.

Won't be surprised to see its share price shoot up drastically if it does these two simultaneously as it will become a pure power & profit generating company.

Like it or not, the stock market nowadays has become very unpredictable and not understandable anymore. When a company reports good profits, it does not guarantee the SP will move up. Similarly, the SP may not go down much when the company reports losses.

Just look at some of the steel companies, they are reporting very decent profits but their SPs could be trading at very low PE of < 5 or even 2 like the Prestar.

NAPS = RM2.66 vs share price @ RM0.60

The market could be waiting to be surprised by the massive contribution to be derived from the revival of Megasteel which will be the biggest steel player in Malaysia.

https://www.theedgemarkets.com/article/lion-industries-flat-steel-business-be-revived-proceeds-antara-disposal

https://messenger.i3investor.com/res/msg/file/25087/2022/2/jaks_20220217102917.pdf

https://www.youtube.com/watch?v=YR_z9W83Wkc

Steel rebar futures fell to CNY 4,800 per tonne from a 16-week high of almost CNY 5,000 hit on February 11th, as demand from construction projects in China has not recovered yet following the Chinese New Year holiday and as production restrictions were still in place in North of China due to Olympics. Still, the steel is expected to resume upward momentum later in February as China’s government plans infrastructure investments in a bid to boost economic stability. .

Steel price is on the uptrend again

https://tradingeconomics.com/commodity/steel

Steel price inching up again

US inflation rate is now 7%. Most products' prices will go up soon. So the material prices will go up accordingly in a matter of time. So steel prices will go up too. When this happens, Lion Industries will be benefitted.

In an inflation environment, only the consumers suffer the most

The share price can be 10x when the Lion awakes with the full revival of Megasteel's operation. It will be the biggest steel manufacturer in Malaysia

https://www.orientaldaily.com.my/news/nation/2021/12/30/459151

https://malaysiastock.biz/Company-Announcement.aspx?id=1372681

RM403 mil extraordinary disposal gain is in the pocket. Sale completed

https://cdn1.i3investor.com/my/files/st88k/4723_JAKS/pt/MALACCASECURITIES/4723_JAKS_MALACCASECURITIES_2021-12-01_BUY_0.75_JaksResourcesBhdInlinewithexpectations_1373976033.pdf

Steel rebar rebounding since 19 Nov

https://tradingeconomics.com/commodity/steel

https://malaysiastock.biz/Company-Announcement.aspx?id=1364582

The completion of the disposal coming soon....

Upon disposal of its Antara Steel Mill, Lion Ind is going to recognize an extraordinary gain of RM403 mil or RM0.56 sen per share and its last reported NAPS was RM2.04.

So its NAPS will increase to RM2.60 upon disposal of the said Antara Steel Mill which should be completed asap to facilitate the revival of the real giant Megasteel in Malaysia to take advantage and capitalize on the good profit margin of hot rolled coil market....

NAPS = RM2.04. Current Lion's market capitalization is RM504 mil only.
More than RM400 mil extraordinary disposal gain is on the way.
Reactivation of Megasteel is anticipated in Dec 2021.
Its production capacity is bigger than Hiap Teck....

https://klse.i3investor.com/blogs/MplusOnline/2021-10-13-story-h1592049162-Mplus_Market_Pulse_13_Oct_2021.jsp

What an interesting market in Bursa.......

If Megasteel can generate say RM200 profit per ton of HRC, its production capacity of 3.2 mil tonnes per annum may translate into a total profit of RM640 mil per annum. That will be huge.

Lion Industries' current market capitalization is RM540 mil only @ 75sen

Just wondering how much RM.... profit per ton is the right estimate.

A steel giant in the making !!!

https://www.theedgemarkets.com/article/lion-industries-refurbishes-plant-banting

A giant in the making or the rebirth of a giant.......