GAMUDA $6.99 liao..
Ijm will fly liao

Happy Sotong Tiger day

PESTECH up 9% to 24c..
Please take note the power of transmission..

KUALA LUMPUR: Pestech International Bhd's shareholders pushed through resolutions to issue 800 million shares in the company to IJM Corp Bhd at 15.5 sen a share at an extraordinary general meeting (EGM) today, paving the way for IJM Corp to take a 44.83 per cent interest in the company.26 Oct 2023

Construction of DC for big cap is firing

Today is SUNCON $4.18 +18c and Gamuda $6.88 +18c leader of construction play..

Ijm quiet at $3.30 +0

Speakup,
IJM is bluechip so it is for investment not bursa de casino stock

pang72

Expected shot over $6.90 tomorrow morning

15 hours ago

$6.92 at 9.10am:)

Let's me think carefully

If to buy slow meaning you expect cimb to retreat to $6,$5?
Will it happen?....
If buying too fast at $6.88, will it going up to $10 from now?
If not then is that worth to get 6++% dividend for buying MORE now?

52wks (jun23 to Jun24) range $5 to $7...
52wks (Jun24 to jun25) range $7 to $10... (IF)..
So, will I miss the boat if buying slowly?
This is the biggest question to sort out now.

Stkoay, do you think a good choice

I am still considering...
Let me think first

If down 10c be the good chance to convert more Tiger bank to Sotong bank...

Correction is good for long run..
Let it be

Next leader - Construction leads the play from various mega activities from data center, housing, MRT, lrt or green energy dam power station..

Expected shot over $6.90 tomorrow morning

Close at $6.88 up 5c

Day high at $6.90...please take note...

Sunwsy@$3.81
Ijm@$3.30

Ini kali la...
Catching up Sunway fast n furious

https://www.businesstoday.com.my/2024/06/24/ijms-outstanding-order-book-reaches-rm7-billion/

https://www.edgeprop.my/content/1909708/data-centre-boom-chip-industry-expansion-expected-boost-local-steel-demand#:~:text=Misif%20president%20Datuk%20Lim%20Hong,by%20construction%20of%20data%20centres.

MAIN> NEWS
Data centre boom, chip industry expansion expected to boost local steel demand

..... See you at $7 soon...
Then, $8,$9..... $10 for 1770 index target

Following Kim!

$6.88 over yesterday high at $6.87

It still much possible to hit 1770 when Sotong meet Tiger at $10!!
Good friends hur!

Tenaga shot down government to drive the index to 1770points.
So, banking will take the lead for record index by year end...

6 more months to go...

Hopefully Sotong catches up Tiger soon..
Then, Tiger will lead all banking to move to next level above $10....xx

Tiger bank is strong and resilient.
Sotong bank is lagged and good earning yet to show to the share price.
Sotong bank is catching up now

Please note day high is $6.87..
Key note to put into your reference because......

Please do witness CIMB catching up MBB..
So, taking profit or buy or hold...
You decides yourself. I am enjoying the slow and steady quiet bull buildup in CIMB

Stkoay,
Lets join the most favarable banking bull..
Cimb is the leader now!

Of course, we will be bom pipi with 9.95 now

I believe 6% dividend will not last long..
It will go to 5% eventually with higher share price

Target price quite consistent range from $7.20 to $7.90 by few IB

Date Open Price Target Price Upside/Downside Price Call Firm View
2024-06-04 6.87 7.90 +1.03 (14.99%)
BUY
TA
2024-06-04 6.87 7.60 +0.73 (10.63%)
BUY
RHB-OSK
2024-06-04 6.87 7.20 +0.33 (4.80%)
BUY
PUBLIC BANK
2024-06-04 6.87 7.60 +0.73 (10.63%)
BUY
KENANGA

It is very attractive price at $6.77
I must sacrifice other nonperformance stock to much resilient cimb in the correction time

My last entry 6.77...
No more money liao!!!

The drop is to prepare coming days to cross long await $10,hopefully

MTEC $1.12 up 3c
Scg $0.92 down 1.5c

Reverse trend....?

This is market but SCG supposes be much stronger profit as compared to Mtec.
So, it will catch up, I strongly believe

Blogs Headlines
RHB Investment Research Reports
Sime Darby Property - Shifting From Second to Fifth Gear; Keep BUY

rhbinvest
Publish date: Wed, 12 Jun 2024, 10:46 AM
Maintain BUY, TP rises to MYR2.00 from MYR1.54, 49% upside with c.2% yield. We think the market has not fully priced in the upside potential of Google’s recent announcement of its USD2bn investment in Malaysia. The tech giant’s announcement of MYR1.74bn in capex for the first Google data centre (DC) and Google Cloud region may just be the beginning. The potential impact of this on earnings may be under-estimated. Our new TP reflects the incremental value of the contribution from the Google facility, as well as the faster turnaround of Sime Darby Property’s industrial parks ahead.
The USD2bn investment by Google. Last month, Google announced its commitment to invest USD2bn in Malaysia. The Google DC at Elmina Business Park (EBP) will power the tech giant’s popular digital services, such as Search, Maps and Workspace. When operational, Malaysia will join the 11 countries in which Google has built and now operates DCs. Note that, in the Asia-Pacific, countries and areas where Google Cloud operates include India, Singapore, Jakarta, Hong Kong, Taiwan, Japan, Australia and Seoul.
The remaining MYR7.5bn of investments may come later. So far, Google has only announced its DC and Google Cloud region, which are worth about MYR2bn (or MYR1.74bn, based on the contract value secured by Gamuda (GAM MK, BUY, TP: MYR7.08)). We think there could be further investments for subsequent phases (which may be what the remaining MYR7.5bn is for) in EBP at a later stage. While the initial Google DC is estimated to have a capacity of 80MW, the entire 49-acre site earmarked for Google at EBP could accommodate 200-250MW, based on our estimate.
Expanding its assets under management (AUM) aggressively. The DC investment is expected to boost SDPR’s total AUM significantly from MYR4.4bn currently (includes a concession arrangement for Bandar Universiti Pagoh). By FY26, we think its AUM may be worth MYR6-7bn, which could generate a total recurring income of MYR120-130m at the operating level. We raise our FY26 earnings forecast by about 3% to reflect the initial contribution from Google DC, as the facility may only be completed in 2H26.
SDPR has both landbank and a robust balance sheet to accommodate more DC demand. SDPR is well-positioned to capture the prevailing investment wave, driven by global tech giants, in the South-East Asia region. The company currently has five industrial park projects with a remaining total land area of >2,000 acres, and we believe that the basic infrastructure facilities are ready at these industrial sites, since projects are ongoing. SDPR is an experienced player in industrial development, and the segment now accounts for 30% of its total property sales.
Source: RHB Research - 12 Jun 2024

I am doing half good and convert more other shares to MBB to have peace of mind dividend payout...

As long as not selling cheap SCG 93.5c to bro. James will do
Sell to them at $3.32 yeap!!

See who hv the last big abalones...

Good move:)

MTEC@$1.07 T4Q Result: ( EPS: 1.50, P/E: 71.37 )
Scg @93c T4Q Result: ( EPS: 4.69, P/E: 19.85 )

So, obviously SCG is much undervalued as compare to Mtec
So, if SCG up to pe71 then will be $3.32!

Everybody understand

The early comer bro James earn an abalone soup in this Great stock and wasted 365days ablone...

So, the late comer pang72 is smart moce:)

Add more SCG while bro James selling..
I AM RIGHT AGAIN

Cakes Moon

Scgbhd is fundamentally much stronger as compared to ADB, Oppstar, JCY, Notion, etc.!!!
Malaysia will be a data hub centre soon!!!

1 hour ago

YOU ARE ABSOLUTELY RIGHT

MTEC $1.05 which profit is less than SCG per QR...
I will expect SCG to catch up MTEC by this week the faster

Bro James, you are wrong again..
Pity you for miss out Nvidia boom

Today close 95c..

Tmr can easily touch $1..

Everything is back after correction..

How come this bro James so short sighted... Happy for one day good abalone meal?

I want 365 days abalone soup from Australia

Bro James will see us eating abalone for the next one years..
Now, he is very gencheong Vitrox rises to $5.90