luckyman

luckyman | Joined since 2011-08-17

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Stock

2020-02-11 20:00 | Report Abuse

https://malaysiastock.biz/Company-Announcement.aspx?id=1202409

The Board of Directors of CPB is pleased to announce that the Company’s wholly-owned subsidiary, Carimin Marine Services Sdn. Bhd., had received a Work Order Award dated 21 January 2020 for the provision of Accommodation Work Boat (AWBOAT) for PETRONAS Carigali Sdn. Bhd. (“Contract”).

The Contract will be for a duration of up to seven hundred and sixteen (716) days from the commencement date as per the vessel’s on-hire certificate

Stock

2020-02-09 16:09 | Report Abuse

https://www.insage.com.my/Upload/Docs/LG/LnG_2019%2011%2026_2QFY20.pdf#view=Full

Fair Value or Target Price: 27 sen

With the OPR dropping to 2.75%, L&G will be able to reduce the interest expenses on its own bank borrowings while it should be able to sell & clear more of its properties since more buyers will find it more affordable on monthly loan installment with the lower interest rates...Hence, better earnings ahead...

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2020-02-06 21:12 | Report Abuse

Dividend ex-date : 13/2/2020

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2020-01-30 08:18 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/01/29/virus-fears-push-malaysia-thailand-markets-closer-to-bear-levels

Compared to the last SARS epidemic, wouldn't this round of crisis create the demand for gloves to an unprecedented level as much more people would realize the importance of taking precautions like masks and gloves?

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2020-01-29 16:23 | Report Abuse

https://klse.i3investor.com/servlets/ptres/52425.jsp

Impending six new lines to come in by end 2019. Comfort Gloves has 49 production lines that can produce up to 430m pieces of gloves/month. By end 2019, it is expected to add another six lines, which can collectively produce up to 490m pieces of gloves/month.

Fantastic timing for its 6 new production lines !!!

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2020-01-29 15:59 | Report Abuse

Demand for gloves will shoot through the roof for a while. Not only the pharmacies will have to replenish their stocks, the greatest demand will come from many families starting stocking up the gloves too at home.....

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2020-01-29 15:57 | Report Abuse

Demand for gloves will shoot through the roof for a while. Not only the pharmacies will have to replenish their stocks, the greatest demand will come from many families starting stocking up the gloves too at home.....

Stock

2020-01-27 11:32 | Report Abuse

Since the company had successfully managed to find ways to improve its gross profit margin in its business as reflected in its last quarterly result, it is logical to assume that its next few quarters to see better results as long as it can maintain the same improved gross profit margin, coupled with the new additional income stream generated from its recently completed The Prestige Hotel.

If its EPS for Q4 of FY2019 is maintained at 5.35sen like its EPS for Q3FY2019, this counter may be assigned with a higher TP of RM1.80 to RM2.00 easily.

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2020-01-23 21:34 | Report Abuse

With the OPR dropping to 2.75%, BCB will be able to reduce the interest expenses on its own bank borrowings while it should be able to sell & clear more of its unsold completed properties since more buyers will find it more affordable on monthly loan installment with the lower interest rates...

Stock

2020-01-18 23:11 | Report Abuse

https://klse.i3investor.com/blogs/stock_pick_2020/2020-01-04-story-h1482032737-Stock_Pick_Year_2020_by_The_Star.jsp

Going forward, Carimin’s earnings momentum is expected to be underpinned by two main factors. Firstly, we expect high levels of maintenance works for the HUC and TMM segments in 2020.

Secondly, Carimin’s venture into sub-sea activities is expected to contribute positively as it commands higher margins compared with its existing MCM business. To recap, Carimin ventured into the sub-sea segment with the acquisition of a 60% stake in Subnautica Sdn Bhd in March 2019.

(Subnautica has been licensed by Petronas to undertake subsea underwater inspections, repair as well as maintenance (“IRM”) works and services. These services typically encompass platform and pipeline inspection, structural integrity as well as debris clearance activities.

Subnautica has been awarded a contract for the provision of a Dynamic Positioning 2 (“DP2”) diving support vessel that includes an inspection class remotely operated vehicle (“ROV”) with competent personnel. Through this acquisition, Carimin was able to immediately provide
subsea IRM capabilities, thus benefiting from the contract secured. The medium-term to post-2020 demand outlook remains favourable for Carimin’s new subsea business as Petronas in its execution of scheduled underwater services programme supports the use of locally owned assets.)

It has a strong balance sheet with a net cash (including short-term investments) position of RM106mil (equivalent to about 37% of its market cap) as of end-September 2019.

Carimin’s resilient balance sheet has enabled the company to weather the recent oil and gas industry downturn without the need for an equity call.

Valuation-wise, Carimin trades at a price earnings ratio of 8x for FY20, which is at a discount to its peers and the market.

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2020-01-18 20:02 | Report Abuse

Its hotel should have had good business for last two months being the peak season. The soon to be announced quarterly result should be very good again

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2020-01-16 20:57 | Report Abuse

It will be fairly probable for it's EPS to hit 9 or even 10 sen for the current financial year. So it's pretty possible for its share price to hit 76 sen or higher.

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2020-01-13 21:48 | Report Abuse

Annualized EPS is likely going to be 20 sen or higher for FY2020.

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2020-01-12 16:02 | Report Abuse

https://klse.i3investor.com/servlets/stk/fin/7250.jsp

Its quarterly profit has been on the uptrend y-o-y for the past 5 quarters.....NTA @ RM1.56

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2020-01-09 20:12 | Report Abuse

If the company can maintain the significant big jump in its quarterly revenue seen in the last two quarters for the remaining current financial year, then its share price may be able to climb above the RM2 mark in the next 8 months. Let's first see its next quarterly result by end of February.

Stock

2019-12-30 22:50 | Report Abuse

https://www.thestar.com.my/lifestyle/travel/2019/10/25/new-prestige-hotel-penang

The 162-room luxury hotel owned by the company should be worth a lot of millions ringgit.

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2019-12-26 09:09 | Report Abuse

Many of its properties have not been revalued since 2007. Hence the company is definitely well undervalued.

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2019-12-25 15:44 | Report Abuse

Annualized EPS is likely going to be 20 sen or higher for FY2020. Be forward looking

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2019-12-09 17:52 | Report Abuse

Substantial improved quarterly profits will start soon as being derived from its 96% sold Phase 1 of Pavilion Embassy in the next 8 quarters....this can be deduced from its annual report (page 19)

https://www.malaysiastock.biz/GetReport.aspx?file=AR/2019/7/31/1147%20...

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2019-12-03 16:42 | Report Abuse

Still very undervalued in terms of both PE, and NTA of RM1.15

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2019-11-26 21:19 | Report Abuse

The Company had on 26 November 2019 entered into a strategic collaboration agreement with a wholly owned subsidiary of China Railway Group Limited (“CREC”), to establish a broad-based multi-angle and nonexclusive collaboration and strategic cooperation arrangement in relation to construction, development, infrastructure, airport and seaport and other development activities in Malaysia and in the Asia Pacific Region (“Collaboration”) upon such terms and subject to such conditions as may be mutually agreed upon by the parties (“Strategic Collaboration Agreement”).

The CREC Group has built more than 2/3 of China’s national railway network, 90% of China’s electrified railways, 1/8 of the national expressways and 3/5 of the urban rail transit system. Currently, the CREC Group has achieved world advanced level in bridge construction and holds a leading position in tunnel and subway construction in China and represents the highest technical standard in China’s railway electrification.

So, will Ekovest get a major contract of the ECRL mega project?

Stock

2019-11-23 17:56 | Report Abuse

Q3 result of 2019 may be much lower than Q3 result of 2018 as the previous year's Q3 car sales was very much boosted & bumped up by the tax holiday then. Hence, don't know if the share price would drop again soon after this coming Q3 result announcement.....

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2019-11-15 21:42 | Report Abuse

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=206484&name=EA_FR_ATTACHMENTS

Barring any unforeseen circumstances, the Directors remain optimistic with the Group’s
prospects for next financial year, based on the positive developments of the Company specific
in PTD 2018

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2019-11-15 21:30 | Report Abuse

Year on Year (“YoY”), its gross profit in FY 30/6/2019 improved by 19.14% from the previous year, from RM124.58 million within a 12-month period of FY2018 to RM148.43 million in FY30/6/2019. Profit Before Tax (“PBT”) surged 407.77% to RM41.84 million in FY2019, compared to RM8.24 million in a 12-month period of FY2018.

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2019-11-07 19:38 | Report Abuse

As at June 2019, SESB has an order book of approximately USD272 million and has a prospective tender pipeline of an estimated value of USD172 million which are tenders that it is participating in globally. The Company is constantly looking at avenues to capture these opportunities including the prospect of partnering with technology or financially stable partners.

Extract from its Annual Report

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2019-11-01 15:08 | Report Abuse

The company had RM68 mil as of 30/6/19 based on its quarterly report. Its cash flow position may not be as bad as it's being perceived now. The share price may rebound sharply once there is more clarity on how its bonds can be repaid.

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2019-10-28 11:16 | Report Abuse

It's a matter of time for its existing on going projects to show much improved earnings to help propel its share price to a much higher level. It may take another few months or quarters.

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2019-10-23 22:27 | Report Abuse

https://www.thestar.com.my/metro/metro-news/2019/10/23/property-fair-seeing-good-sales#cxrecs_s

RM39 mil sales for City of Dreams was generated within 4 days from the property fair.

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2019-10-23 22:10 | Report Abuse

https://www.theedgemarkets.com/article/ocr-179-plan-launch-kuantans-tallest-development-rm268m-gdv-1h20

The group saw 85% of its affordable homes under the first phase of its RM166 mil PRIYA Scheme Kuantan project taken up, reflecting strong demand for affordable housing.

https://www.thestar.com.my/business/business-news/2019/10/21/ocr-to-launch-rm268mil-gdv-vertex-kuantan-project-in-1h20

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2019-10-19 11:12 | Report Abuse

https://www.ocrbhd.com/property_projects/

Its RM240mil Isola @ KLCC project will contribute significant profit growth for the company in the next two years given its 80% locked-in sales.

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2019-10-15 20:53 | Report Abuse

https://klse.i3investor.com/blogs/hleresearch/226772.jsp

Maintain BUY, TP: RM1.58. Maintain BUY rating with unchanged TP of RM1.58. TP is pegged to 8x FY19 earnings. We like Kimlun for its execution capability and undemanding valuations. The stock is trading at 6.3x PE multiple on FY19 earnings, represents -1.6SD below 5 years historical average.