I wonder why this. Harimau still not in cage?

Wow, new battle ground, better take my pop corn here

Eh, why u not disappeared.

Means they waiting idiots to sell them low! Like those selling 0.95 today, kakaka

Yaya. Whatever. I already said. Up to your like

He he, weak holders sell.profit will be for those that believe in Andrea

What con news?

Use logic

Semicon crowded. Fortunebullz smart this time

Investment is an ART. No right or wrong

Drop more better! Mini plus in making. You think IJM , mammee boss, magnum boss will let it fail meh. Just buy

Think not sustainable

Anyway, frontkn? Big no for me! Why? Semi con too crowded, low barrier to enter. Even u make this yr, no guarantee u continue earn it! Low oil price a big pull down as its second profit contributed by oil n gas sector.

I dun have Mercides. Sorry.

Oil n gas second large! With low oil price, expect slowdown also! So be careful

Kc, prefer genting. Cold weather, casino...

If look back salted fish comment in xingquan, I laugh everyday.

U know now why they choose ace MKT first, then move main board. That's how you get noticed! After generating 100% return for shrholders after 2yrs of IPO.

where got. I buy exporting stock, feel more safe and happy. Pohuat, Lihen, IQGroup. can sleep sound. Not like you all, panic waiting see when will crash

this Carmen must has big boobs and you using your little head to think?

it is normal. India hard to do biz, many political issues there. It's not Mudajya fault I think.

Icon, 100% upside? sure boh, property sentiment no good

let's wait announcement when it can strt trading again, very soon I think

yes! RM0.80 is just before this s called issue surface! Now we notice from audit report just small matters, ppl will buy like crazy.

NOT to forget, They got Green light on JOHOR LRT system liao!

everyone, look at Masteel now!!!

2011-2013 HHGroup total add PAT=36mil++, so they qualified to Main Board actually

Duit is correct, as per requirement now is PAT-RM20mil BUT, AGGREGATED! means 3 years total RM20mil, as I notice HHGroup meet the requirement

Aspect

Main Market

ACE Market


Sponsorship Not applicable Engage a Sponsor to assess the suitability for listing
Sponsorship is required for at least three years post listing

Core Business An identifiable core business which it has majority ownership and management control
Core business should not be holding of investment in other listed companies
Core business should not be holding of investment in other listed companies
Management Continuity and Capability Continuity of substantially the same management for at least three full financial years prior to submission
For market capitalisation test, since the commencement of operations (if less than three full financial years)
Continuity of substantially the same management for at least three full financial years prior to submission or since its incorporation (if less than three full financial years)
Financial Position & Liquidity Sufficient level of working capital for at least 12 months;
Positive cashflow from the operating activities for listing via profit test and market capitalisation test; and
No accumulated losses based on its latest audited balance sheet as at the date of submission
Sufficient level of working capital for at least 12 months
Moratorium on Shares Promoters' entire shareholdings for six months from the date of admission
Subsequent sell down with conditions for companies listed under Infrastructure Project Corporation test
Promoters' entire shareholdings for six months from the date of admission. Subsequently, at least 45% must be retained for another six months and thereafter, further sell down is allowed on a staggered basis over a period of three years
Transaction with Related Parties Must be based on terms and conditions which are not unfavourable to the company
All trade debts exceeding the normal credit period and all non-trade debts, owning by the interested persons to the company or its subsidiary companies must be fully settled prior to listing
Must be based on terms and conditions which are not unfavourable to the company
All trade debts exceeding the normal credit period and all non-trade debts, owning by the interested persons to the company or its subsidiary companies must be fully settled prior to listing

If refer Bursa requirement:http://www.bursamalaysia.com/market/listed-companies/listing-on-bursa-malaysia/listing-criteria/

a.Profit Test Uninterrupted profit after tax ("PAT") of three to five full financial years ("FY"), with aggregate of at least RM20 million; and
PAT of at least RM6 million for the most recent full FY

b.Market Capitalisation Test A total market capitalisation of at least RM500 million upon listing; and
Incorporated and generated operating revenue for at least one full FY prior to submission

c.Infrastructure Project Corporation Test Must have the right to build and operate an infrastructure project in or outside Malaysia, with project costs of not less than RM500 million; and
The concession or licence for the infrastructure project has been awarded by a government or a state agency, in or outside Malaysia, with remaining concession or licence period of at least 15 years

Read Prospectus here:
http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download/?name=EA_DS_ATTACHMENTS&id=164105

Hi Duit, as I remember if correctly, HHGroup not a new company. They have been in business many years and grow to stage of listing.

If I remember, requirement to list is based on Revenue track record, not PAT.

IPO last year RM0.45, now 0.665. People holding till now earn great profit. I deeply believe with their continual growth esp in China, they can hit 100% within this year or next, from IPO 0.45-->0.90 or RM1

see, these are typical speculator. When price up come out scream, price down keep quiet. where is integrity

just small issues....omg, they go do so many things just some small issue! it will fly after return to trading. RM0.80 I think

0.265??where?

everyday scream fly soon

If you study detail enough. You know when they IPO time alredi qualify! Their profit qualify main board! But they choose ace first. Think is strategy. To slowly move MKT price up. Main board too many big fish, ppl seldom notice them. But if they are outstanding in ace, they can create name for themselves

sephi, buy osk or pjdev? think pjdev-wc got more upside. since osk become property, sentiment no good

crazy. Bonus issue soon.

Some points to remember:-
1. Their biz growing well in China
2. They are expanding capacity
3. They have planned for moving into Main Board soon 2H2015.
4. Bonus issue already approved by Bursa, just anytime now to announce it. Oh, Bonus 1:2

trapppppp

share more, want to know more on india power plant

new mall new income, eps will only go up

Stock: [BTM]: BTM RESOURCES BHD

May 30, 2015 11:46 PM | Report Abuse

BTM 0.70

mana itu harimau? Keep silent again after drop few dys???

kcchong really the master

1) KPSCB stock is irrationally mispriced

In Annual Audited Account (AAA) 2014, KPSCB reported Net Asset Value (NAV) of RM1.37/share. As compared to a recent market price of RM0.50/share, KPSCB is traded at a 63.5% discount.

Given that there are many companies trading below their NAV, one might not think that there is an issue with KPSCB. Ignorance of financial details will certainly lead someone to conclude in such a way too.

KPSCB recorded Total Current Assets of RM221.7mil and Total Liabilities of RM115.8 mil. Consequently, Net Current Asset Value (NCAV) was RM105.9 mil.

According to the father of security analysis and value investing – Benjamin Graham, the NCAV indicates the minimum liquidation value of a listed company.

Assuming that KPSCB is trading at RM0.50, its market capital is RM73.9 mil.

A corporate activist could employ just RM73.9 mil to acquire KPSCB and own RM105.9 mil. In the simplest term, one just needs to pay RM0.70 to own a RM1 note. Such valuation has not even included fixed assets (i.e. lands and properties) that have not been revalued.

KPSCB stock is just irrationally mispriced.

KPSCB's normalised earnings

Given the case above, it is qualified to estimate KPSCB's normalised earnings.

FY14's paper loss: RM897,000

FY14's impairments: RM10.5 mil

FY14's normalised earnings: RM9.6 mil (-RM897,000 + RM10.5 mil) or RM0.065 per share

KPSCB's simple valuation

Based on the normalised earnings, KPSCB is currently trading at PE 6x.

Its current PE is even lower than its 3-year average PE (see http://klse.i3investor.com/blogs/netnets/73044.jsp). This quickly suggests that KPSCB is undervalued.

In addition, Graham advocates that PE 8x should be the minimum valuation for any company that does not offer promosing profit growth. This reinforces the undervaluation of KPSCB at the current state.

after clearing earlier this yr. plan to buy backkk. since MYR going weakened moving into 2016 I think

Sephi, PJDEV-WC can accumulate more?

sephi? How? you buy more?