Bonus Issue ..........

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3046785

Businesses allowed to operate during MCO can go full capacity tomorrow

https://www.theedgemarkets.com/article/businesses-allowed-operate-during-mco-go-full-capacity-tomorrow?fbclid=IwAR0NzrrQVN4q3JWVyXtjq9oYY88qy91UHiU5asV4S7pQc5ybMzZfkyRECIw#.Xqfw5WnLAes.facebook

GENERAL MEETINGS: Notice of Meeting

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3029614

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : BONUS ISSUES NOTION VTEC BERHAD ("NVB" OR "COMPANY") PROPOSED BONUS ISSUE OF UP TO 188,078,269 NEW ORDINARY SHARES IN NVB ("BONUS SHARES") ON THE BASIS OF 1 BONUS SHARE FOR EVERY 2 EXISTING ORDINARY SHARES IN NVB ("SHARES") HELD ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER ("PROPOSED BONUS ISSUE")

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3029466

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : BONUS ISSUES NOTION VTEC BERHAD ("NVB" OR "COMPANY") PROPOSED BONUS ISSUE OF UP TO 188,078,269 NEW ORDINARY SHARES IN NVB ("BONUS SHARES") ON THE BASIS OF 1 BONUS SHARE FOR EVERY 2 EXISTING ORDINARY SHARES IN NVB ("SHARES") HELD ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER ("PROPOSED BONUS ISSUE")

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3023547

This is the link

https://documentcloud.adobe.com/link/track?uri=urn%3Aaaid%3Ascds%3AUS%3A61c01ccc-309f-491e-8786-c354f31ef212

Notion on the busy weekly page zh3 this week.

The Busy Weekly have post this news as well on fb

https://www.facebook.com/183843371625918/posts/2839152392761656/

As long as the management keep create value to the shareholders, have a good credibility, doing expansion in a right track, have a good ESG. The most important thing is that, there willing to reward the shareholder and taking care of them as well, no matter the shareholder is a giant whale or little tiny nemo fish in the ocean. I don't find any reason you should giving up on this counter at this time.

Market are where the balance of force buying and force selling vs each other then the price determine the 2 party willing to exchange goods with the consideration of cash. Is sound simple but yet many newbie still asking why today price going up, why today price going down. The market moods affect by many factor like personal emotion, news, rumours, prediction, internal and external factor etc.

Holding Power is important,is it a matter of time for management to deliver what there are expected. Don't care about those noise surround you. You should know what the things you buying now. You should have the ability to judge whether thing are right or wrong. Each move whether is buying or selling, you are responsible on your own move. You have to review your strategy as well.

Of course keep tracking on the Company performance too.

I wondering the depreciation of PPE year to date is 28.5M , should't it start increase as the new asset kick in ?

The total debt to equity now stand at 0.1579, if compare last year audited report 0.107, although increase a bit, but this financial position still consider healthy and very low. and somemore Company is in net cash position.

Overall cash flow become more healthy, as more cash received from insurans claim, less capex compare previous audited report from investing part.

If see from operating profit before working capital changes, thats the improvement, the net cash from operating activities negative due to more payment to supplier and tax as well while compare to last year audited report.

cant remember the BIL is recognize into the account or not, if recognize before, the the PAT of 12.1mill is pure from business performance, if is not, and this Q4 recognize, then we have to take out this and measure.

But need to check the for account recognition, as account recognition and the date company receive payment may be differ

This is the summary i see from announcement, based on announcement date, so while compare QOQ or YOY , we need to take this out, as this is is not part of business performance

05/01/2018 - 15M
30/01/2018 - 15M
04/05/2018 - 30M
25/05/2018 - 20M
16/10/2018 - 35M
09/11/2018 - 44,367,366.43

This is for Fire Insurance claim so is final

and for BIL

23/08/2019 - 10M

I also try to understand what CNC about as I not graduated under engineering, as I get better understanding by see the video clip. I found this video on YouTube https://www.youtube.com/watch?v=FNYEXjRmDtI that describe what CNC about, it may be useful for others try to know what CNC about.

I guess is a same method that NVB use on process, is a subtractive process, EXCEPT the 3D Printing which is Additive Process. Digital Instruction like G-Code been used to instruct the machine by transform the digital design into physical part.

888next correct me if I wrong that this process doesn’t’ related to NVB.

I just wonder the Additive Process is a reversal process of this CNC Machining. Not sure this process can be more advantages compare subtractive, as subtractive I think there are some waste on the raw mat. Maybe the plungers can use Additive Process?

Based on my understanding, Yes, he is one of the founder in NVB, he has mention earlier, he chair the group and IR as well. He is Mr. Thoo, the executive chairman, the person show in picture at the edge last 2 week ago.

@888next

So am I, I trust your vision and capabilities, your effort with the board on NVB since I meet you and hear your presentation at AGM.

I really appreciate what have you contribute and willing to sharing in this platform. When I read through the AR & QR,I know that, from the every prospect, you are trying to bring closer the gap by restore the capabilities as soon as you can, even by this opportunities, equip NVB with latest technology.

I believe what you said, this is a glimpse into the future.

@ 888next Thanks for the good and details explanation. Look forward to hear more good news and prospect from Mr. Thoo on next year AGM.

@ 888next I have invest in NOTION since 2018 and attend AGM on this year March, but regret didn’t ask Mr Thoo a question, hope I can get this answer from you :p . Follow The Busy Weekly on 15 October 2018, Mr Thoo have mention HDD will slowly replace by SSD, as this is a visible trend in the future, but at the moment, the corporate level still keep big data and prefer cheap solution like HDD, but he is not sure how long this will going to sustain. As a report didn’t mention about any planning on SSD work, I just wonder did the Company have any planning to work on this SSD in future? Why not start planning on this? Is it, at the moment, the barrier to entry this market is very high and not suitable for Company Market Strategy? As I remember, at AGM, Mr. Thoo have mention, the automotive segment ratio will become bigger than HDD in future, does this mean the auto braking plunger have better margin compare HDD? So, the Company want to focus more on automotive compare HDD/SSD in future ?