Dragon is a loser with no kuku

Who is ahfah???

Dragon, they said u impotent. Kuku bo use liao. Answer pleasezif u dunno the answer we wontnlaugh at u. Anyway u just pondan

Up liao so much only ask.. Haha

Underperformer still talk big

Post removed.Why?

TSH said 0.31, 0.42, 0.47, then 0.60?

I know what will happen to hibi today. Its either up or down

Above from kyy article. I look at it, frame it in wall. Everyday laugh at it, and telp myself,im smarter than a billionaire, and much more smarter. I can win a billionaire mind, im happy enough

Hibiscus: 2nd Quarter EPS 3,15 sen

1 st Quarter EPS 6.30 sen

Hibiscus’s profit has reduced by about 50%. Although the company has a few rich oil fields and strongly recommended by experts, the share price has not gone up for a long time as shown by the chart below.



I will not buy Hibiscus or Hibiscus Warrant because it does not comply with my golden rule for share selection. That is why the share price remains stagnant for a long time.

All investors must follow my well proven golden rule for share selection to make money from the stock market. If you buy any stock based on any other criteria such as cash flow, cash in fix deposit, debt free, NTA etc, you will be disappointed.

This article is the most important lesson for all investors.

Aiyo. Uncle koon bukan condemn hibi is downtrend in profit meh, john lu, dont simply create rumours

Wah, director buying like no tomorrow while some cut.. Hehe

No limit up woh! Gold finger is bullshit finger. Tiok ur fingers la

Ah. All convertnsudah jual? Oklah. Up up up next

Not bad nah

No news is good news loh

Anyone at agm today?? Any good news

Aiyo.. Not limit up meh. Disappointed

I guess he making sure he got all warrant at dirt cheap? Then end of conversion,mother will run again.....

Recycling means what felicity

wow , historical PE at 19X, common for toll operators....ask them fast fast list Duke lah

Ekovest (EKO MK MYR0.57, Not rated): Buying 23.4% stake in PLS Plantations

• Proposed to acquire 23.4% stake in PLS Plantation.
• Earnings will be underpinned by strong construction pipeline.
• Trading at 7.1x consensus FY6/19 EPS.

What’s New? Ekovest entered into a conditional share purchase agreement with Serumpun Abadi S/B to acquire a 23.42% stake in PLS Plantations Bhd for MYR76.5m cash, to be funded via internally generated funds. Note that this is a related party transaction.

The proposed acquisition effectively valued PLS at a P/B of 0.8x, based on its audited net asset of MYR369.7m (for the 23.4% stake), in line with PLS's 3-year historical P/B. This acquisition, however, will likely be near-term earnings dilutive as PLS is currently in the red.

Rationale. Although this acquisition does not look synergistic, management indicated that this is part of the group’s diversification plan. Even though PLS is currently in the red, its proposed acquisition of Dulai Fruit Enterprise, which came with a profit guarantee of MYR10m for FY19-21, should help PLS to turn around.

Notwithstanding that, one must realise that PLS’s proposed acquisition of Dulai Fruit is still on-going (pending approval in the upcoming EGM which falls on 19 Mar) and it would take time for the transaction to be concluded. And hence, PLS’s turnaround plan could take longer-than-expected.

Funding however is not a concern as the group is sitting on a cash and bank balances of MYR587.2m as at end-Dec 2018. Post acquisition, the net gearing is expected to rise from 0.18x to 0.21x.

Existing operations. For growth, Ekovest will therefore rely on its existing operations in the near-term. At present, its construction will continue to be the key earnings driver. It has a strong pipeline with an order book of ~MYR3b, which could keep it busy for at least 2-3 years. Among some of the key on-going jobs are SPE, KL River City project as well as construction works for in-house property projects like EkoTitiwangsa.

For property, the group has an unbilled sale of MYR200m which is underpinned by some of the key projects such as EkoTitiwangsa and EkoCheras. Currently, Ekovest has a total land bank of over 80 acres in Kuala Lumpur, Kuantan and Johor Bahru.

For toll operations, Ekovest has a 60% stake in Kesturi, the concession holder of the Duta-Ulu Klang Expressway (DUKE). The group also has a 53.5-year concession for SPE.

Valuation. So far only one broker covers the stock. The last rating was a Hold with a mean target price of MYR0.52. At current price, the stock is trading at 7.1x consensus FY6/19 EPS of 8.1sen, lower than its 3-year historical P/E of 19.8x.

Summary of Q3 FY2019 financial results:
o Profit-before-tax of RM40.3 million
o Revenue of RM1.5 billion
o Current cash and cash equivalents of RM0.7 billion
• New contract wins year-to-date of RM8.5 billion with a growing orderbook of RM18.6 billion.
• Secured most sought-after entry into Saudi Aramco’s Long-Term Agreement (LTA) programme as
pre-qualified contractor to bid for EPCI opportunities.
• On a stronger financial footing to push ahead with growth:
o Shareholders voted overwhelmingly for all six resolutions for the Rights Issue of RM4
billion at the Extraordinary General Meeting on 29 November 2018
o Entered into strategic partnership with Austria’s OMV through signing of Share
Subscription Agreement and Shareholders’ Agreement on 9 November 2018, which will
result in cash proceeds of up to USD975 million
o Possible synergistic collaboration with a potential partner to unlock the value of its
Drilling business

Posted by valuelurker > Mar 13, 2019 12:33 PM | Report Abuse

MONSTER TURNAROUND MULTIYEAR GROWTH STORY FROM TROUGH ORDERBOOK RM18 BILLION A STOCK LIKE THIS COMES ALONG RARELY AND WHERE YOU CAN SIALANGGG RM 2 CUMMINGGG

Lurker bro also so bullish. Im feeling safe here....haha.

no. so far Dr.P said no plan for warrant again.

Waiting 0.31

Nvm lah. Small money.... To him like fucking a china doll only... Hehe.

Wtf. Again

If can get the 30 over billion job then will be fantastic enough

ected as one of Saudi Aramco’s four new long-term agreement programme contractors late last year, substantive order book expansions are still likely from Sapura’s current tender book of US$8.5 billion (RM34.59 billion) and prospective bids of US$14.3 billion.

This is highlighted in Sapura’s new orders worth RM9.3 billion for

It's generating let's say 500mil, mkt values it at now 7bil alredi. Hibiscus is generating similar 500mil to 600mil cash flow with now 0 borrowing. And not value them at.......Haha.for me I would rather have my risk taking more in hibiscus. Still sapng might give surprise if got more n more jobs,contracts etc

You need to continue operate smoothly 12years to pay all debts.....Oil n gas memang heavy capex

From what I understand,cof only ard 400mil to 500mil max perhaps??

OK,forming jv selling stake at usd970milx4=3.8bil, if use to pay debts ,left with 6bil debts

Borrowing from 14bil-4bil (if assume all pay debts),still 10'bil

On completion of the cash call, Sapura Energy said Permodalan Nasional Bhd (PNB) had emerged as its single largest shareholder with a 40% stake. Sapura Technology Sdn Bhd — which is controlled by president and chief executive officer Tan Sri Shahril Shamsuddin — is now its second largest shareholder with a 16.3% stake after Shahril raised his commitment by RM100 million from RM300 million initially.

PNB, which has been supportive of the cash call, committed RM2.68 billion to the entire exercise after giving an undertaking to subscribe for some of the unsubscribed shares and RCPS-i.

The exercise, the group previously said, is aimed at reducing its borrowings to strengthen its balance sheet, and in turn enable it to bid and undertake higher value projects globally.

It is an important part of the group’s recapitalisation exercise to pare down its huge borrowings of RM14 billion, of which RM4.59 billion are borrowings from Malayan Banking Bhd, Maybank IB’s parent.

Apart from the rights issue, the group also let go of a 50% stake in its exploration and production unit Sapura Upstream Sdn Bhd by forming a joint venture with Austrian integrated oil and gas group OMV Aktiengesellschaft (OMV) to raise cash proceeds of up to US$975 million.

In yesterday’s statement, Sapura Energy said proceeds from both the rights issue and the partnership with OMV will be used to repay the group’s borrowings and boost working capital.

On completion of both exercises, its gearing ratio is expected to drop from 1.74 times to 0.62 time.

“The stronger balance sheet will provide greater financial flexibility for the group to deliver its growth plans. Sapura Energy’s growth strategy continues to see fruition in the increasing number of contract wins.

“The successful rights issue comes amidst the group’s contract wins to-date in financial year ending Jan 31, 2019 (FY19) of RM9.3 billion for its engineering and construction and drilling businesses. The group’s growing order book now stands at RM19.3 billion,” it added.

Its rights shares with warrants and the RCPS-i will be listed and quoted on the main market of Bursa Malaysia on Jan 29.

My take is govt won't let fgv and other big Corp to fail. Sapng if pnb want to revive yes, because zeti is there. My worry is just the debt killing them,and I don't quite like those still sitting on chair? Why no change in mgt, board members yet? Or change had done?I only see director buying shares now......

Raider bro.need your opinion.this company heavily in debt. Even with pnb new fund injection,with 16bil contract,what makes you think it can revive. 16bil contract,what's the margin like,I bet low single digit. Their debt even with latest fund raising still high! Mgt is lousy,this why it was in slump . What makes the so call expert drawing few million salary every yr again and again?? Why pnb want to save them ???

Hehe. I con 8888 memang fake. Even the origin one alsi fake like hell.

Hibernating. Hehe

Agm 14 right

Tsh said tp 1. 79

Hehe,share buy back so many Liao,time for bonus kah

在股东大会举行之前，MYEG带来一个正面的进展：即大马竞争委员会（MyCC）日前已经接受MYEG在更新外劳准证系统的调整，即时撤除每日7500令吉处分。

撤罚激励股价

这个罚款是每日累积式，至今已经达到964.47万令吉，而MYEG也偿还了641.22万令吉。虽然数额不算大，但至少这是一项和新政府部门和平协商的进展，对公司的影响非常正面，消息一出，股价马上大力反弹，起了20%。

股价大起，多多少少也缓和了股东的疑虑，可以避免在股东大会上发难的情形。

德达飞讯必达量蓄势待发

MYEG的财政年刚刚从6月30日改为9月30日，因此2月宣布的12月31日季度报告，是2019年的首季业绩报告。

和2017年的12月31日相比，其实公司业绩略有进步，大体上显示政府还相当倚重MYEG的贡献。

修复政府关系最重要

公司和政府签署的一些合约要到2021才到期，这期间如何向政府索取减值1.5亿令吉的赔偿，以及如何修复政府的合作关系，至关重要。

从希盟近几个月来和一些公司的离合，如金务大（GAMUDA）等，可见官商之间，有利益则可以谈，相信MYEG的情形也是一样。

继MYEG之后，其余两家在同期大受影响的公司德达飞讯（DSONIC）和必达量（PRESBHD），股价似乎也有所动作，是否在反映政府黑脸演完，现在是演白脸，和商家好好谈判的时刻？

本周股东大会焦点

3月14日是MYEG的股东大会，这是公司更改财政年后的首次开会，也是5·09大选后首次和股东见面，不容错过。

本周的股东大会焦点肯定集中在MYEG，曾经是政府合约宠儿的这家公司，在5·09大选之后惨遭抛售，股价跌了约75%，之后一直无法回顶，让许多投资者蒙受重大亏损。

不过，如果回顾执政的国阵在输了以后几乎解散，内部成员溃不成军，那么，MYEG的凋零又可以理解。

对MYEG产生最大的打击莫过于废除消费税（GST），因为公司已经花了很多钱设立这个税务系统和保安措施，一旦搁置，必须减值上亿令吉。

但是，由于公司已经对这计划花了很多心血，不管是硬体或软体设备皆贡献至钜，要重新换一个新的系统或新的供应商，短期内是不可能的。而且，也没有迹象和证据显示巫统大咖从中敛财。所以，唯有时间和耐心，或许能让MYEG和新政府互相包容，互相磨合。

MYEG在商言商，自然不会和希盟硬杠，看来合作只是时间上的问题。

无量的洗盘。。。过几天可能上1.50？？？

It will goes back 2.50 in one to two years time.

Hold it until 2020

Art of punting????

Fake icon 8888