newbie8080

newbie8080 | Joined since 2018-03-16

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Stock

2023-06-20 17:17 | Report Abuse

Taiwan’s export orders plummeted in May for a ninth consecutive month as a global drop in demand for semiconductors showed little sign of abating.
https://theedgemalaysia.com/node/671878

Stock

2023-06-07 12:20 | Report Abuse

Just verified Edelteq HQ address: 18, 20 & 22, Lorong Impian Ria 4, Taman Impian Ria, 14100 Bukit Mertajam, Pulau Pinang

It's 3 shoplots <pic>

https://ibb.co/NNDr9Kc

Stock

2023-06-02 19:29 | Report Abuse

@Genetec A baby step
Yes, you're right.
If you had invested in the company in jan 2021, Rm0.14 (adj bonus issue), you already earned your multi bagger of 18x or 1,700% in 2 years.
Do you think it can grow multi bagger of similar pace?

News & Blogs

2023-06-02 11:23 | Report Abuse

@Genetec A baby step

Where do you get this management briefing details?
The QR result was delivered on 31-May evening where QR does not provide any details and the next day, 1-June your management briefing details is posted.

So far, no Investment Bankers release any comments to date and no AGM yet.

Are you deliberate in releasing fake news?

News & Blogs

2023-06-02 10:54 | Report Abuse

@Genetec A baby step

Where do you get this management briefing details?
The QR result was delivered on 31-May evening where QR does not provide any details and the next day, 1-June your management briefing details is posted.

So far, no Investment Bankers release any comments to date and no AGM yet.

Are you deliberate in releasing fake news?

Stock

2023-05-31 22:35 | Report Abuse

@JJPTR
Cathie wood bought it at USD5 level according to the bloomberg interview. So exit even at USD140 is a 28x.
https://www.youtube.com/watch?v=AfnuUa45_xg

Anyway, you posted this topic on wrong forum.

Stock

2023-05-30 12:43 | Report Abuse

@pang72
Inari main biz relating to RF which is telco related, 5G ,etc

Stock

2023-05-25 19:17 | Report Abuse

@Markv572421
Please don't spam here.

Stock

2023-05-24 16:18 | Report Abuse

Let's wait for Bursa announcement.

Stock

2023-05-23 22:42 | Report Abuse

Net profit of rm37.8 which include a gain on disposal asset of rm11.3m.
With the gain on disposal, net profit is rm26.4m, slightly lower than Q1 2022.
Still respectable net earnings despite a slow economy growth in Europe.

Stock

2023-05-19 10:56 | Report Abuse

@MMCRMMCR

The CEO is largest shareholder with 44% ownership of the company and is the key person that steers the company direction and subsequently affect the company fundamental.
Seems he already is a director of ETMSB before joining MI as COO.
Let the court case decide as these is quite complicated.
But, it's better to have an interim CEO appointed during this time so that the company has a CEO that can steer the company without future disruptions and distraction from lawsuits .

Stock

2023-05-17 22:51 | Report Abuse

Interesting facts in the Edge Article:

Mi Technovation alleged that Chin had breached his employment contract when he refused to report to work on March 26, 2019.

Stock

2023-05-17 11:25 | Report Abuse

Do you guys find something is off about the recent Q1 2023 quarter report?

The newly added Hongkong market for mechanical assembly worth RM12.5mil

i) From Annual report 2022, SFPtech has 3 markets; Msia, US & S'pore
ii) From previous QR , also match 3 markets where the revenue comes from; Msia, US & S'pore
iii) Previous 4 quarters in 2022 for mechanical assembly recorded revenue of RM15.6 mil
iv) Previous quarter Q4 2023, mechanical assembly only recorded revenue of RM1.6 mil

Without the new Hongkong market, SFP would declare revenue for Q1 2023 of only RM22.1 mil

Without the sudden unexplained surge in mechanical assembly revenue, SFP would declare revenue for Q1 2023 of only RM8.7 mil

Stock

2023-05-16 11:23 | Report Abuse

@cheeseburger

Though there's a few competitor eg: Maxis, Digi, TM,etc
Time still monopolise the high rise building category eg: Apartments, condo
Just walk in to any apartment or condo, most of them using Time fibre broadband.

Stock

2023-05-12 23:20 | Report Abuse

Profit margin sliding every quarter.
Q1 2022 was 48%
Q2 2022 was 31.1%
Q3 2022 was 41%
Q4 2022 was 30%

Q1 2023 is 29%

Negative operating cashflow despite net profit higher but not able to collect.
Receivables almost doubled.
Purchase of PPE for biz expansion reduce by almost 60%, likely reflecting slowdown in biz and subsequently lower capex spending compared with similar period in 2022.

In terms of prospects, SFP Tech said the global seasonal adjustment in the electrical and electronic industry is expected to have a softening impact on the group’s orders, predominantly for the computer numerical control (CNC) machining and sheet metal fabrication business segments.

Stock

2023-05-02 09:42 | Report Abuse

@hhhiii123
Time is still retaining 30% in the data centre biz with DigitalBridge.
With the RM1 bil for dividend & RM1 bil to reinvest into the biz & other data centre expansion with DigitalBridge should be able to fill up the earnings gap of only 2%-8% for FY23-FY24 according to RHB.
https://klse.i3investor.com/web/blog/detail/rhbinvest/2023-03-01-story-h-297244580-Time_Dotcom_Dividend_Cheer

Stock

2023-04-27 22:56 | Report Abuse

Q4 results should be out next couple of weeks.
Likely consensus revenue of rm15.7m to rm16.5m with net profit of rm4.65m to rm4.90m.

Stock

2023-04-25 15:36 | Report Abuse

https://www.youtube.com/watch?v=LHiIgphW8YA
Batik Air & MAG: We did not consent to be on airasia Super App

Stock

2023-04-20 13:56 | Report Abuse

Just be cautious for those have taken this ride based on the tech guy eg: RM1 per share commission
Sometimes ppl are paid to do the job as he had the financial net worth to inflate and deflate share prices. He do have a good profile and thus less suspicion on him.
Fundamentally speaking, nothing good from the company in terms of future earnings and prospect. The company had been around for ages, no catalyst unless you’re speculating that they’ll receive some form of compensation from the lawsuit. Apple legal advisers are no simple office staff and many companies have tried. Refer to my earlier post for links.
Nevertheless, hopefully everyone here take cautious ya.

Stock

2023-04-19 19:59 | Report Abuse

If what Cecile mentioned is true, then we now know the true color of Stanley and his other board of directors.
A company with lack of transparency and audit governance is bad. Their luxury lifestyles using company expenses is another RED flag.

-In her letter, Cecile detailed how these disagreements started in November 2021, a month before her father's appointment as the group's executive chairman took effect, when he stated his intention to remove her from the board following her opposition to his proposed purchase of a new aircraft for US$47.39 million (RM210.32 million). Stanley's stated intentions to remove and later re-designate me arose from the fact that I did not sign the director’s written resolution to approve the proposed acquisition of the new aircraft,” she said.

-Then in February last year, she expressed her view that the conferment of sole authority on Stanley as the single authorised person for the company's bank accounts was against the company’s financial accountability and corporate governance practices. My request that the audit committee hold a meeting and provide specific guidance was ignored.

-Cecile was then denied access to a remuneration committee meeting via a Zoom video conference in May 2022, despite being a member of the committee. Then the remuneration committee and nomination committee was suddenly merged in August 2022, while she was removed from the newly merged committee.

-She also claimed the board had tried to stop her from responding to a question posed by a shareholder during the group's annual general meeting in December last year. The shareholder had asked about the group's audited financial statements, specifically about the aircraft purchase. "The executive chairman and another member of the board initialy denied me the microphone despite my attempts to address the audience, and subsequently distracted (them) from the topic after I had transparently answered the inquiring shareholder," she said.

-

Stock

2023-04-17 14:14 | Report Abuse

Any idea why this old announcement generates so much excitement?

This lawsuit started way back in Jan 2022
https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=122232&name=EA_GA_ATTACHMENTS

Stock

2023-04-13 19:58 | Report Abuse

How much will AAX pay Capital A for the airline assets upon the restructuring in 2023?
Let's say between RM2bil(min) to RM3bil(max), 30%-50% discount from IBs valuation.
In view of their current PN17 status, bank borrowing will be difficult.
Likely private placement & rights issue will be the way to go.
Let's take the lowest valuation in view of goodwill between existing shareholders, an issuance of new 1.55bil shares at RM1.30.
Is it worth it for both Capital A and AAX shareholders?

Stock

2023-04-12 12:44 | Report Abuse

@EatCoconutCanWin
According to HLB, still have RM135 mil order book, how will it make losses?

Stock

2023-04-12 10:19 | Report Abuse

It's a confusing time for glove prospect.
IB analyst say A
Glove manufacturer says B
Margma says C

Who is right?

Stock

2023-04-07 16:49 | Report Abuse

The upcoming partial sale of AIMS unit and indicative dividend of 54 cent is quite attractive.
Though the data centre biz is growing well over the last few years but I think monetization some portion of it to reinvest in the other areas eg:5G tech and newer green data centre is attractive as well.
Understand that many minority shareholders prefer to keep AIMS at 100%, I thin the CEO knows what is best to grow Timecom better. Kudos.

Stock

2023-04-07 11:34 | Report Abuse

Yup, normally ex-date in end June, payout in end July.

Stock

2023-03-29 17:50 | Report Abuse

From my point of view, the QR result is not good based on 2 points.
i) Orderbook replenishment dropped significantly, which may indicate a gloomy outlook for EMS sector
ii) Q4 result should at least meet revenue of RM145million with net profit of RM15million.

Stock

2023-03-24 19:47 | Report Abuse

Agree with Hwmatepadt8
Oppstar biz model is unique where their primary earnings are squeeze from their workforce talent.
Once they are experienced, likely they will leave for large MNC eg: Singapore where SGD is so much worth.
Unlike other types of fabless tech company like Qualcomm, NVIDIA, Broadcom, etc, these company have talent & PRODUCTS.
If Oppstar can't retain talent with higher salary, likely they won't do well.
The company perform well in 2020-2022 as most staff cannot leave the country as Msia border reopened in April 2022.
Just monitor the next few quarters to see whether their talents size grow or reduce.
It's some in

Stock

2023-03-21 14:37 | Report Abuse

Likely the PN17 will extend for another 6-months since it's already start in Nov-2021.
Bursa giving chance after chance. Then on the hand, what's the purpose of PN17 if the status can be extended indefinitely.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3333920

Stock

2023-03-16 19:35 | Report Abuse

Interesting to note 2023 earnings growth only expected at 13.4% or RM18.82 million. Not as spectacular as periods in 2019-2022.

"KUALA LUMPUR: ACE Market of Bursa Malaysia debutant Oppstar Bhd is projected to register a 13.4 per cent and 46.6 per cent growth in net earnings for the financial year 2023 (FY2023) and FY2024, respectively, said Rakuten Trade Sdn Bhd. In a note today, the research firm said that the expected net earnings growth of the integrated circuit (IC) design service provider is backed by its order book of RM34.3 million as at end-January 2023"

Stock

2023-03-10 18:10 | Report Abuse

Over hype stock?

Stock

2023-03-10 18:06 | Report Abuse

Wow.
Q3 result is a disappointing.
Net profit margin dropped 20 basis points as compared with pre-ipo results
Revenue barely grow and pales in comparison with 2020 and 2021 of 81% and 72% respectively.
Net operating cashflow shrink as well as collection seems to be delayed for the previous quarter.
Not sure this will deflate the current ipo rally.

Stock

2023-03-08 10:14 | Report Abuse

Q4 results will be out the next couple of weeks.

Stock

2023-03-01 12:48 | Report Abuse

Q2 result coming out soon.

Stock

2023-02-22 09:35 | Report Abuse

Hopeful for some good news eg:MRT3 in this Friday's revised Budget 2023.

Stock

2023-02-22 09:34 | Report Abuse

@donnybelowski
No sweat.
Mr Tan is the smallest shareholder with less than 7% as compared with the other two, Mr Loh and the late Mr Lee.

Stock

2023-02-21 14:57 | Report Abuse

So means non shariah counter?

Stock

2023-02-21 14:55 | Report Abuse

Referring to IPO Prospectus, the company is expanding Customer's A order book in electronic cigarettes
New production facilities for EMS operations
We intend to further expand our production facilities and invest in 4 new automated
production lines for refill pods at our Senai 227 Factory to cater to the expected expansion
of our EMS for electronic cigarettes. With the new production lines, our expected capacity
will increase by approximately 133% to 7.7 million pieces per month compared to 3.3 million
pieces per month by the end of 2024. As at LPD, we have 2 cleanrooms as set out below:
- an ISO Class 8 cleanroom which houses 8 automated production lines and 2
automated blister packaging lines for the refill pods; and
- an ISO Class 8

Stock

2023-02-17 22:51 | Report Abuse

Quoted from 4th QR 2023:
The delay in the completion of construction for Manufacturing Plant 3 was due mainly to unprecedented weather conditions during the second, third and fourth quarter of 2022 which delayed construction works.

I wonder is the site is having hurricane or blizzard storm. Hahaha!!!

Stock

2023-02-10 12:33 | Report Abuse

@myinvestor

I'm referring to Supermax healthcare ltd Uk opening new distribution center in Eu.

Stock

2023-02-10 09:32 | Report Abuse

@myinvestor
Where did you get this announcement?

Stock

2023-02-07 19:26 | Report Abuse

It estimated that immigration-related services contribute to 40%-50% of MyEG's revenue.

"These immigration-related services include the renewal of foreign workers’ work permits (10%-15% of total revenue) and other ancillary and commercial services, such as renewal of foreign workers’ insurance and foreign worker job matching (30%-35%)
https://www.theedgemarkets.com/node/654172

Stock

2023-02-06 09:19 | Report Abuse

https://www.nst.com.my/news/nation/2023/02/876829/all-immigration-services-back-department-2025-nsttv
KUALA LUMPUR: Come 2025, all immigration-related affairs, including those now being managed by outside parties such as MyEG, will be reverted to the Immigration Department.

Besides passport renewals and visa applications, these would also include applications and renewals of foreign workers' permits and maid permits.

Stock

2023-01-19 20:28 | Report Abuse

@ooihk899
Bro , I mentioned I'm hopeful that the company will find new innovations that will qualify for a new extension.

Stock

2023-01-18 19:50 | Report Abuse

Normally, the company subsidiary will have new technology products that will qualify for the pioneer status.
Hopefully, this 1st half 2023 have some new innovation that will qualify an extension.