wow...today down a lot due to the news..hold tight2 if u can..add somemore if u can afford.later will definitely breach.One week,two week? who knows

come on bertam...go up slow2..hehe

well sir.i do like your job here.keep it up

wow..just down a bit u said the show is over?get over it bro...we keep for long term..just dont play contra

@ firebird2 how high it can go for today?

i likeeee

comeon2...

rileks..bagi dia pit stop kejap...

sklyte..i guess the newcomer only here for contra play only..dont think can wait till end of year.hehe

not trying to scare or what.trade at ur own peril

for those new,wait price too consolidate first,takut2 nanti burn hand plak kalau sudden drop..just my advice

caution to those who enter above 0.62..hope u all can slept tight this weekend..

ill wait stochastic down more then will buy again

kamon2...0.7

0.62..come on 0.7

is it a period of comnsolidation or down trus?demm

...

hoho this forum so much interesting!!!

or should i say pennnant?

all the sifu here.the current candlsetick pattern showing flag rite?correct me if im wrong

up slow2 better than up terkejut..hehe

evening close at .19..ngeee

205 continuous buy...kamon2

for those who missed news from cweed

Cweed Business NewsHome > Business > Business News

Published: Wednesday May 7, 2014 MYT 12:00:00 AM
Updated: Wednesday May 7, 2014 MYT 7:36:22 AM

Brahmal emerges in SMRT, company ventures into education sector

BY TEE LIN SAY

Brahmal’s Creador fund has also bought a stake in Oldtown among other companies.

PETALING JAYA: Savvy investor Brahmal Vasudevan has emerged with a 6.62% stake, or 12.6 million shares, in human resources (HR) company SMRT Holdings Bhd, Bursa Malaysia filings showed.

SMRT Holdings’ shares were among the most actively traded on Bursa yesterday, rising 8.5 sen or 23.29% to 45 sen on a volume of 22.72 million shares. It also recorded its 52-week high of 47.5 sen. Meanwhile, its warrants increased nine sen to 38.5 sen on a volume of 19.88 million shares.

SMRT Holdings has a market capitalisation of RM85.6mil.

In the past, Brahmal’s emergence in a listed company has stirred excitement, as he is seen as an investor who looks for undervalued stocks.

Brahmal, who also runs private equity firm Creador, had previously taken a personal stake in MyEG Services Bhd, from which he had gained a 300% return within one year of investing.

His Creador fund has also taken stakes in Oldtown Bhd and Bonia Corp Bhd. Other companies associated with investments by Brahmal and Creador are Scicom MSC Bhd and GHL Systems Bhd. The shares of all these companies had appreciated post their entry.

When contacted, SMRT Holdings’ chief executive officer Datuk R. Palan said the market was finally rewarding his company for its venture into the education sector.

“We have always been undervalued, especially among the education companies. Even with this run-up, our stock is still trading at a price earnings ratio of 10 times of 2013 earnings,” he said.

For the financial year ended Dec 31, 2013, SMRT Holdings recorded a net profit of RM8.22mil from RM8.51mil previously. Revenue dropped to RM52.4mil from RM61.45mil in the previous corresponding period.

Since 2012, SMRT Holdings has deliberately changed its business model to become a workforce education provider rather than being a pure HR solutions provider.

This change has been reflected in the contracts it has won in the last few years.

SMRT Holdings won its first major education contract in September 2010 when it secured a RM90mil job from the Education Ministry for an English language teaching (ELT) project over three years.

In December last year, SMRT Holdings was granted an extension of contract by the Education Ministry for an ELT programme in primary schools for RM60mil.

The extension constitutes the recruitment and management of up to 120 ELT consultants to implement In-Service Teachers Training for English Language Teachers for a period of two years from Oct 1, 2013 to Sept 30, 2015.

This year, SMRT Holdings finalised the acquisition of a 70% stake in Cyberjaya University College of Medical Sciences for RM27.5mil. While it had been making losses in 2011 and 2012, it turned around last year, and Palan expected a better performance this year.

Palan said that SMRT Holdings would grow the new business by leveraging on its existing network to attract students from the Middle East.

Yesterday, SMRT Holdings announced that it was undertaking a 10% private placement consisting of 29.19 million new shares. It would raise either RM5.8mil or RM8.8mil, depending on a minimum or maximum scenario.

Out of this, between RM3.11mil and RM3.66mil will be used for working capital, while between RM2.46mil and RM4.92mil to repay bank borrowings.

The placement shares will not be priced at more than a 10% discount to the five-day volume-weighted average market price of SMRT Holdings’ shares before the price-fixing date.

just enter at.53..huhu..any tips...now going down...

juai awai sgt..satgi dia shoot p 1.9 bru nyesai woo

redwed.yeah i do agree with u on thia.recently experience same thng with Pharma.before that price had been moving sideways.then when research house do TP.suddenly price up.then down again.i guess this is the period they collecting.tq for your insight.lets hope for better tomorrow.

waa..sudah pening baca komen bnyk2..some said jcorp denied takeover..some said TA looks good..any advice??huhu

wt222..u want to buy lower?ekeke

enter at 1.55..hope can up till 3..ekkeke

jilat tangan sampai penat

hati2 jgn terbakar tgn..mine dah terbakar before..ekeke

flush out all the contra player,and start the engine~~~

tudia dia punya stim...terpusing 360 degree...haha

ecowld dah stim..mai2

haha..smua kena removed..i3investor becoming too sensitive..ekeke

im holding at 4.68...emmmmmmmmmmm

apo bondo ni haa

come2..tadi dia isi minyak tu slow skit start..ni nak tekan noze dah ni.....hehe

50MA cross over 100MA..gud2

price fall below 20MA...no good

better run/cut loss..

come2...next week up to 5.8 by friday

no hope already,..break 2.3 support.....

today ramai org cuti..come monday people will push pass 1.04..better get in b4 late lor..Entry price at 1.01..now can only go up..hehe

1.01 is the entry point with P1 at 1.11 and P2 at 1.22

tgu2..acquired now.epf pon dah kumpul..anda bila lagi,,ekeke

down today-adjustment for next week shooting up..ready2

rileks lor...like kytan said,today is the T+4..contra player throw out..once clear will up again