ASB is another BUS company

I think Fintec can rise to 10sen soon.

Fintec paper gain from AT is very huge, since its cost only 2sen per share. Now AT share price 17sen, almost 800% paper gain for Fintec.

Fintec is AT biggest shareholder with 32% holding. AT today up so much, Fintec will benefit too.

Sino Hua-An set to be key technology player in APAC via Techna-X

June 03, 2020 23:41 pm +08

-A+A
KUALA LUMPUR (June 3): Sino Hua-An International Bhd is set to position itself as a key technology player in the Asia Pacific (APAC) region with the formalisation of a new business division called “Techna-X” which will focus on the group’s technology-related businesses.

The company said following a corporate reorganisation since 2019, it has acquired four technology companies and one food and beverage (F&B) company to solidify its digital transformation and digital ecosystem solutions, with a total investment of RM107 million, into Techna-X.

In a statement today the group said it had been layering digital technology interests into its business to allow its shift from conventional metallurgical coke production to transforming economies in the region as a digital transformation enabler.

The acquisitions will provide a total cumulative profit guarantee of RM10 million over the next 12 months to Hua-An and contribute positively to the group’s overall performance in the long term.

Executive director Datuk Jared Lim said the digital transformation market in APAC is expected to grow at a compound annual growth rate of 26.9 percent for the 2018-2025 period and reach US$850 billion by 2025.

He said there was a clear need for digital solutions and advanced analytics for businesses to remain competitive.

"We believe in empowering leaders with digital tools and ecosystems, platform business models and artificial intelligence driven analytics so they can make more informed decisions and improve the performance of their organisations.

“With the completion of Hua-An’s corporate acquisitions and the business reorganisation exercises, we will have the capacity, capability as well as the technical expertise to lead as a digital transformation enabler for the region. This will be a game changer for the group,” he said.

Lim said Techna-X, powered by the data, digital infrastructure and combined analytics capabilities of its subsidiaries, aimed to be a digital enabler to lead the digital transformation of the old economy in the region.

“Digital transformation is key to the community and countries' growth whereby virtually every industry is becoming increasingly digital, driven by the demand for better data management, improved services and lower costs.

“The right strategy leads to stronger customer experiences, network effects and higher revenues,” he added.

Good price to accumulate more.

Today 30sen no problem

Lotus rebound

Lotus is exit from PN17 very soon. Lotus now zero debt and under strong management. In the next few quarter, profit will keep strong growth. HLT (0188) director and shareholder Yau Ming Teck also emerge in Lotus as director with substantial stakes 9%. HLT share price rise from 10sen to 60sen recently.

Lotus announced an excellent QR last friday. Today likely open gap up and challenge 30sen. Good for long term buy. Long Term Target 50sen.

Lotus hit 50sen no problem.

Lotus Q3 both revenue and profit will growth at least 100% from Q2. At current price, Lotus price still cheap.

Next week open gap up. Target 30sen on Tuesday.

Yap. It is a good start since just finish the restructuring. Results expect will growth further.

Prospect

With the continual improvements in financial performance commencing with an operating profit of RM0.87 million in preceding
quarter to current quarter of RM0.533 million, the Board of Directors is confident that the Group shall be able to improve its
financial performance further for the coming quarters and uplift the PN17 status during the financial year ending 30 September
2020.

If LOTUS release the QR results today which very good. Expect will open gap up next week.

OUTLOOK

The operating environment is expected to remain highly competitive and we anticipate intensifying pressures on
margins as consumers’ living costs rise. Nevertheless, the Group will persevere in elevating operational efficiency
and focus on exploring various marketing strategies to improve the Group’s revenue and profitability.
We always uphold our mantra of offering excellent customer services, with great prices as our inherent objective.
Regardless of the economic weather, the benchmark for best value is set so that our customers can get the best
possible deals with no compromise in quality and services.
Baring with any unforeseen circumstances, we shall deliver greater financial performance in the financial year to
come and uplift from PN17 status in the ensuing financial year.

Many not dare to buy because it is PN17 status. Actually after corporate restructuring done on Nov 2019 made LOTUS fundamental strong. Will out from PN17 soon.

If got holding power, 50sen no problem. It is just a matter of time.

Lotus share price outperform market today. It seem QR which due to release will be very excellent.

LOTUS now is totally a new entity with bright future.

After finish the corporate restructuring on Nov 2019. Lotus now under new team of management which very capable.

LOTUS share price break 14 years high. This may due to coming latest QR will be very good. Latest QR will out anytime. LOTUS also expect will out from PN17 very soon. According to reliable source, LOTUS share price will up to 50sen.

Dun miss PWORTH. Another Anwar good buddy stock

Dun miss the PWORTH. Amwar good buddy stock.

Bentong stock master said target price 38sen.
https://youtu.be/hTSdnFr-Nmg

Buy Psiptek, since ARBB executive director Dato Liew Kok Leong buy into Psiptek. Psiptek start to rise liao.

https://klse.i3investor.com/blogs/samling/210062.jsp

This Dato Liew Kok Leong made alots money by invest ARBB and ARBB-PA. I think he made 600% profit. Now he target Psiptek and Psiptek.

Prinsiptek inks RM2.13 billion JV in East Malaysia

KUALA LUMPUR (Jan 15): Prinsiptek Corp Bhd is developing an oil palm plantation plus a palm oil mill and other facilities in a RM2.13 billion joint venture.

In an announcement today, Prinsiptek Corp said it is teaming up with AA Strategic Marketing Sdn Bhd and TTSJ Trading Sdn Bhd for the joint venture.

The partnership will see the companies pool their expertise to develop an oil palm plantation and palm oil mill at Lawas, Sarawak; and build a port, jetty, bulking tank for palm oil, refinery and green energy plant at Sipitang Port, Sabah.

Advertisement

“The joint venture would strengthen Prinsiptek’s core competencies in the construction industry as well as an income stream to PCB’s Group business in the long run,” the company said in a filing with Bursa Malaysia.

It further said that AA Strategic will plan, organise delegate and control every phase of development, including obtaining the relevant approvals from authorities.

Meantime, TTSJ Trading will be responsible for applying to the State government for approval to construct the Sipitang Port facilities.

TTSJ will also be responsible for issuing a “Standby Letter of Credit being collateral towards the Bank facilities granted”.

Prinsiptek, via its wholly-owned subsidiary Tanah Perangsang Sdn Bhd, will undertake the construction works for a consideration of RM2.13 billion.

Prinsiptek said the proposed development and construction shall be completed within five years from the date of all necessary approval of the relevant authorities is obtained.

“The financial commitment of the joint venture shall be funded from internally-generated funds and bank borrowings,” it added.

Redtone 37sen now.

Dun miss the boat. 40sen sure break . :)

This afternoon Redtone got good show. :)

Axiata Merge with Digi. U Mobile with merge with Redtone, since same boss. Last time Vincent Tan offer 80sen to privatise Redtone. Now only 35sen, damn cheap.

No much seller. Vincent Tan buy all the way up.

Vincent Tan know that cannot get cheap stocks now, he has to buy as much as he can when price is low. Free float stock in market only less 10%, price sure will back to 30sen very very soon.

insider start buying. Buy and waiting good news

The deal will announce within 1 week time. Sapu gao gao now for 100% gain.

Vincent Tan going to delist BJLAND at 50sen pending announcement. Fast fast sapu as much as u can now.

Karex - Results Below Expectations

Karex reported a lackluster performance: 1HFY19 PATAMI of RM3.4m (-54.3% yoy) fell short of both our and consensus expectations, delivering only 25% and 27% of our respective full-year forecasts. The weakness was due to intensifying competition within the tender market, where margins continued to be under pressure despite the increase in sales volume. As such we are reducing our TP to RM0.35 on the back of 15-24% EPS cuts for 2019-21E, while keeping our SELL call unchanged.

Record Revenue But Not Profit
Despite delivering record revenue for the quarter, PATAMI for 2QFY19 is lower by 29% qoq and 56% yoy, due to a decline in gross profit margin. The improvement in revenue during the quarter was boosted by the fulfillment of a tender order which was delayed from 1QFY19. However, we believe there is still downside risk to margins as management reckons that the overcapacity issue would only improve if the industry consolidates. The GP margin for the tender market has fallen from c.20% to less than 15% currently.

Controlling A&P Cost to Maintain Profits
Management has also taken a more conservative approach in controlling its A&P spending in regards to its OBM segment, and has guided that the expenses would likely hover around RM22m/quarter or around 20-30% of segment revenue. Karex will not slow down its expansion into new markets but engage in different marketing approaches to increase its exposure. We believe that management would likely stick to the self-imposed cap, due to its declining net cash position as profit margins continue to deteriorate. Karex is in a net cash position of RM4.6m (2QFY18: RM20.4m).

Maintain SELL With a Lower TP of RM0.35
While the long-term outlook of Karex venturing into OBM remains attractive, we believe that the short-term outlook for Karex remains challenging due to weak demand from the tender market and also the elevated cost from the OBM segment. We are cutting our FY19-21E earnings by 15-24% to factor in the current-quarter performance and lower our DCF-based TP to RM0.40 from RM0.35, while maintaining our SELL call unchanged.

Source: Affin Hwang Research - 26 Feb 2019

I think when goreng play is over. Karex will drop to its fair price around 35-40sen. Please be caution.

Everyone dun fall into trap. Karex and TopGlove denied any corporate deal.

Both Karex and TopGlove denied the any corporate deal. Karex just goreng play. Today Karex likely will profit taking. Please caution.

Time to exit market or time to accumulate stocks ?

KLCI break 2yrs low yesterday. Now the chance to drop to 1500pts increase alots. If market continue its downtrend, penny stocks rotational play will be affected too. Now better stand sideline, wait for clear direction of broad market.

Quick take: Daya active, jumps 50% in early trade

KUALA LUMPUR: Shares in Daya Materials Bhd, which saw a slew of changes in boardroom, jumped 50% in early trade Thursday.


The most most actively traded counter, jumped 50%, or 0.5 sen to 1.5 sen with 216.8 million shares done. In the past one year, KNM has fallen some 57%.


The company announced that group chief executive officer Datuk Lim Thean Shiang has been redesignated as chairman of the group, effective immediately.


Lim, 47, was appointed as an executive director and Group CEO in March 2015.


Other boardroom changes announced by Daya included the appointment of Shamsul Saad, 54, as managing director, and Datuk Zulkarnain MD Eusope, 51, as independent and non-executive director.


Shamsul was formerly managing director at Perdana Petroleum Bhd while Zulkarnain was a former CEO of Felcra Bhd from 2016 to 2018.

ORION target 30sen this week. More good news will announce.

NAIM sure naik naik limit up

Wah .... NAIM going to limit up

Dun bother Uncle Koon buy or not. Market player already notice PCCS liao. PCCS will all the way to 60sen.