New Project Announcement?

Breaking out. Get set

Break RM 1.00 again and all the way to 2.00 ha ha ha

1.10%

1.08% DJI

233.98 (1.07%)

Absolutely a growth stock. It takes time and shall gradually move up upon news. Don't miss the valuable chance.

It is the other way round. Issue warrant is 23 cents and mother is 45.5

And I am laughing at my pathetic condition. Never happen like this before.

Results are expected between 22nd to 30th Sept.
Can hold

For Systech Bhd, which makes proprietary and franchise IT solutions for multilevel marketing companies, earnings growth is sustainable, as the company is banking on a new segment – cyber security.

Founder and CEO Raymond Tan believes that his company, which stock trades at over 50 times its current earnings, will continue to see a rise in profits, therefore justifying its high PE.

He says cyber security has become increasingly important not only for banks but also the corporate sector domestically and internationally.

“I don’t think we are expensive even though our PE is 50 times, because we will continue to deliver profits,” he says.

Systech, which has been in the business of IT solutions for more than a decade and has a 30% local market share plans to tap new and existing customers for its cyber security business.

The company, which will monitor the traffic on networks of firms which hire it and raise the red flag if it detects anything “suspicious”, is in a net cash position and has been paying dividends to its shareholders on a regular basis.

Systech took over the listing status of beleaguered Viztel Solutions Bhd in 2011 and has been more aggressive in sealing its position within the IT sector since then.

Are tech stocks overheating?
http://www.thestar.com.my/business/business-news/2017/09/09/are-tech-stocks-overheating/

Tmrow

Yes category 5 hurricane alert. Mayday mayday tan sri. We have not vacated the place yet

Bursa Malaysia Website.

Yes thanks greedy44. Sayonara. No need to see you here again. Thank God that greedy44 left this forum. Big relief.

We refer to the announcements dated 8 March 2017, 19 April 2017, 5 May 2017 and 5 July 2017 (“Announcements”).

Unless otherwise defined, all expressions used in this announcement shall carry the same meaning as defined in the Announcements.

On behalf of the Board of IWC, AmInvestment Bank, CIMB Investment Bank, Maybank Investment Bank and RHB Investment Bank wish to announce that the Company and IWH have agreed to an extension commencing from 5 September 2017 until 31 October 2017 to enable IWH to finalise the Definitive SPAs.

Any material developments on the Definitive SPAs will be announced accordingly.

This announcement is dated 5 September 2017.

The merger extended from 5Sept to 31st October lah

I dreamt of 1.75 but now 1.25 ALAS, my bad days. My bones is rotting as I cry like King David today.

Aiya dropping lah. Looks like no hope.

Why going down?

What the hell, are they all sleeping? Suppose to announce yesterday. Cannot even announce till now?
Things does not look good to me.

Pray for a favourable announcement tmrow. I am worried if there is another extension.

Scroll up and you will find the article pasted by Big Brother. 14th comment upward from this.

North Korea was struck by as many as two strong tremors on Sunday, with the South's Joint Chiefs of Staff saying it was presumed to be a sixth nuclear test.
Japan later said the tremors were a nuclear explosion, Reuters reported.
The USGS initially reported a first tremor as a 5.6 magnitude, but later raised it to 6.3, while China's earthquake administration said it detected a 6.3 magnitude earthquake in Northeastern North Korea, calling it a "suspected explosion," Reuters reported.

North Korea was struck by as many as two strong tremors on Sunday, with the South's Joint Chiefs of Staff saying it was presumed to be a sixth nuclear test.
Japan later said the tremors were a nuclear explosion, Reuters reported.
The USGS initially reported a first tremor as a 5.6 magnitude, but later raised it to 6.3, while China's earthquake administration said it detected a 6.3 magnitude earthquake in Northeastern North Korea, calling it a "suspected explosion," Reuters reported.

North Korea was struck by as many as two strong tremors on Sunday, with the South's Joint Chiefs of Staff saying it was presumed to be a sixth nuclear test.
Japan later said the tremors were a nuclear explosion, Reuters reported.
The USGS initially reported a first tremor as a 5.6 magnitude, but later raised it to 6.3, while China's earthquake administration said it detected a 6.3 magnitude earthquake in Northeastern North Korea, calling it a "suspected explosion," Reuters reported.

North Korea was struck by as many as two strong tremors on Sunday, with the South's Joint Chiefs of Staff saying it was presumed to be a sixth nuclear test.
Japan later said the tremors were a nuclear explosion, Reuters reported.
The USGS initially reported a first tremor as a 5.6 magnitude, but later raised it to 6.3, while China's earthquake administration said it detected a 6.3 magnitude earthquake in Northeastern North Korea, calling it a "suspected explosion," Reuters reported.

Earthquake 5.6 magnitude in N Korea resulting from a nuclear test. Markets will be down again

Holding. Improving

Sept 4 Public Holiday. Will they announce it on 5th?

What will be the new business ? This will be another boost for the price. Hopefully hear something good in reasonable time.
I am sure the Director would've an idea. They just cannot stick to the herbal business alone.

Hopefully Saturday Biz Newspapers will flash some positive news or shall the real news be out.

So now, the finale on Sept 5?
Feeling pressure. Time bomb of joy or sorrow?
Will be announced on Tuesday????

5 Growth Stocks Trading under 1RM

Superlon Holdings Berhad (KLSE: 7235)
Dagang Nexchange Berhad (KLSE: 4456)

Dagang operates as an IT solution, cyber security and data analytics services provider for the commercial and energy sectors. Its Energy segment provides upstream oil and gas exploration, production and engineering services.
After its success in diversifying into the energy sector, the company’s revenue almost doubled in 2016. Similarly, the net profit margin jumped from a respectable 12% in 2015 to 75% in 2016.
DNEX last closed at RM0.50 and trades at a cheap 4.3x times FY16 EPS.

NTPM Holdings (KLSE: 5066)

OCK Group Berhad (KLSE: 0172)

Perak Transit Berhad (KLSE: PTRANS)

Blog: James Yeo

Mau cali hollan countel loh

Post removed.Why?

Wow wow wow, what a good recommendation. Thanks cow666

Is it really low now?

Johan can buy?

Ya 69 is pretty good to do. Can do long

The indication from yesterday's news reveals an increase of land bank which I presume should result from the imminent merger.

We have already made our tents here so many months. Just wait for a few while, take your rewards and go.

Darth, may your mouth shall be washed and rinsed.

Very positive on the wordings. It is just around the corner to run up. Cheers
All efforts will have to be taken by them to hit 1.50 before the merger announcement.

For the remainder of the financial year, IWCity said that it is "fairly optimistic of achieving satisfactory results" for FY17.

"With proper master planning currently being put in place, this increase of land banks is expected to greatly enhance the overall value of the group," it said in the filing.

IWCity shares closed four sen or 3.08% higher at RM1.34 with 12.11 million trades exchanged, for a market capitalisation of RM1.11 billion.

For the quarter under review, IWCity posted mild profit owing to the performance of its property development segment, as there were more units of properties sold, and higher contribution from its ongoing project accounted for on completion basis.

Meanwhile, its construction segment registered lower revenue and was bleeding operationally for the quarter under review. However, losses for the segment narrowed with the group's concentration of projects with higher profit margin.

However, for the first six-month financial period ended June 30 (1HFY17), IWCity's revenue slid 11% to RM26.16 million from RM29.41 million. Its net loss widened substantially to RM56.31 million from RM8.61 million.

IWCity posts small profit in 2Q

By Tan Xue Ying | 2017-08-24 21:36:31
KUALA LUMPUR (Aug 24): After posting six consecutive quarters of losses, Iskandar Waterfront City Bhd (IWCity) returned to the black in its second quarter ended June 30, 2017 (2QFY17) thanks to its property development segment, despite a more than 40% drop in revenue.

IWCity registered a net profit of RM147,000 for 2QFY17, compared with a net loss of RM3.82 million in the corresponding quarter last year, while its quarterly revenue fell 41.6% year-on-year from RM21.41 million to RM12.51 million.

Tokti, Bigbrother having dinner last? Botak is waiting to take us to Geylang to enjoy. Coming?