@Icon8888, the counters definitely have potentials & picking the leader of pack will be a challenging task. Haha....identifying the one that moved first before market situation changed??? What is good today may not be good for tomorrow ;)

@Icon8888, u have spend a lot of time to compile the above excellent listing. Thank you.

Those who keep attacking IFCA with newly registered IDs, with the hope of buying cheaper can wait until the 'Sun rise from the west'.

Bull is coming......0.265 & 0.27 all taken down

Esceram is supplying formers to the glove industry. Any positive impact on the gloves industry such as delay in the increase of electricity tariff, lowering of foreign workers levy & strong US dollar will be good for Esceram.
http://klse.i3investor.com/blogs/amresearch/68860.jsp

@k8118k, u need to subscribe the edge financial daily.

4) Institutional Investors now holding 20% of IFCA which includes JP Morgan Chase & Merrill Lynch.

1) Target to open 70 offices in China in 5 years
2) Remarkable better earning in FY 2015 with sales contracts amounting to RM130m from three markets
3) New earning growth with the impending acquisition of an Indonesian Firm
- Edge Financial Daily

Revised budget detail out on Tuesday may be positive for the market.

Eduspec is one of the co that will benefit from the depreciation of Ringgit coz their profit mostly derived from Spore & Indonesia. For 9 months as at Sep 30, 2014 profit from Spore was RM6.914m, Indonesia 2.509m & loss from Msian operations of RM1.020m. Nett profit for 9 months was RM8.403m.

UMA is a blessing in disguise. IFCA have risen 43% from 0.70 to 1.01 in a week and UMA has help to clear out weak holders, thus the next surge will have less resistance. The Edge Market have given IFCA a maximum fundemental of 3. Am looking for the next re-rating from cimb & mbb with the coming Q4 result & dividend payment. IFCA cash rich of over 30m, one can expect of bonus issue or M&A in the near future.

Thank you bro Hawk.....merry xmas & happy new year to you too.....cheers!!!!

MOL Global majority stake controlled by Tan Sri VT of Bjcorp fell from USD8.86 to USD1.69 in two weeks due to accounting errors in Vietnam & lower profit.

Very peaceful here after the storm. We welcome both positive and negative feedbacks but not the haters.

@TopEarn1, On July 17, 2014, Eduspec entered into an agreement with iCarnegie Global Learning LLC to be an exclusive distributor of the latter’s products in Malaysia, Singapore, Indonesia, Vietnam, Thailand, Myanmar and Philippines, as well as the right to appoint resellers to distribute iCarnegie products. Eduspec is required to pay a minimum annual aggregate fee to iCarnegie for the rights granted. Total minimum aggregate fee is USD21 million over five years. http://www.eduspec.com.my/images/newsmedia/online/22072014-iCarnegie.pdf

PE is now 27.6 & if profit is maintained at 7m every quarter, PE will dropped to about 14 in Q1 2015 and a single digit of 7 in Q4 2015. 
With aggressive overseas expansion esp. to Asean countries Spore, Indonesia, Philippines, Vietnam & Thailand, this counter is really a hidden gem and should be trading at a price of 0.60
http://www.malaysiastock.biz/Corporate-Infomation.aspx?type=A&value=E&source=M&securityCode=0107

Eduspec Holdings Bhd posted net profit of RM7.17 million, a quantum jump of nearly 440% against RM1.33 million achieved a year ago, driven by strong revenue growth. The electronic learning providers fourth quarter revenue more-than-doubled to RM29.06 million, from RM11.75 million in the previous corresponding quarter, due to increased sales from its sale of goods segment, which lept almost four times to RM22.59 million, from RM5.79 million a year ago. Earnings per share stood at 1.04 sen in 4QFY14, compared with 0.39 sen previously. The increase was mainly due to the sales of education tools for the digital schools and dual language lab/ iPad mobility system segment, it said in its financial results release today. Little known Eduspec was todays pick in theedgemarkets.coms Stock with Momentum. Year-to-date, its share price has more-than-doubled from 12.5 sen in early January. For the full year, net profit was eight times higher at RM6.85 million, from RM0.854 million a year ago; while revenue stood at RM58.42 million, up 71.4% from RM34.09 million in 4QFY13. On its future prospects, the company intends to continue to grow its products and services in Indonesia, Vietnam and Philippines; and expects to achieve higher revenue contribution from such overseas ventures. The group notes that the governments of several developed countries have transformed their education policy for K-12 segment (Kindergarten to year-12 of school education), encouraging private sectors to be more involved in the public school education. The group identifies this to be an opportunity, and will continue to deliberate further on this matter, it said, noting it will continue its effort to improve its performance, amid a competitive education sector. Eduspec share price was up one sen or 3.51% higher at 29.5 sen today, bringing it's market capitalisation to RM225.82 million.
Source : http://www.theedgemarkets.com/my/article/eduspec-sees-quantum-leap-4q-net-profit

STRONG fiscal consolidation efforts and the removal of fuel subsidies have raised the probability of an upgrade of Malaysia’s sovereign rating.
The Goods and Services Tax (GST), lower subsidy bill and stabilisation of public debt could prompt the “Big Three” sovereign rating agencies to upgrade the country’s current outlook.

http://www.nst.com.my/node/57921

@orionpacific, ifca will spring surprises in feb 2015 & cimb/maybank will definitely revised the TP upwards.

Just to refresh. The 37.8m contracts is even more than the 27m Q3 turnover.
BUSINESS PROSPECTS
The business outlook is outstanding. The Group expects order growth to continue to surge, with business growth from China leading the way. China business growth, with sales contracts growing at 89% or RM24.1 million year-to-date, will continue to outpace Malaysia. As at end September 2014, outstanding order contracts of RM37.8 million has carried over to the 4th quarter and beyond. With continued order growth, this will translate to, not only sustainable high revenue billings over the next few quarters, but will close our 2014 business results on a very strong profitable note.

NSC effect is very negligible as top 30 shareholders are mostly non syariah compliance companies/individuals. Opportunity to accumulate cheap and fundamental still intact.

JCY International back on a strong footing
http://www.theedgemarkets.com/my/article/jcy-international-back-strong-footing

China cut interest rates to buoy economy. Should be positive for our market next week

China cut interest rates to buoy economy. Should be positive for our market next week.

Efficient company.....stable & consistent growth with net cash of RM35million

http://klse.i3investor.com/blogs/lovestockry/64534.jsp

Nett Cash RM77million

Where is the crazy promoter who promoted this MPCorp & Mulpha day & night and con so many investors to holland???

Mother & WA difference has narrowed down from 6 cts to only 1 cts.

At 34.5 sen, the stock is trading at just about its book value of 35 sen with a trailing 12-month P/E ratio of 10.8 times. Notably, the stock is backed by large net cash of RM 40.5 million, or a significant 52.1% of its market capitalisation of RM77.8 million.
http://www.theedgemarkets.com/my/article/stocks-momentum-awc

Borneo Oil appears to have attracted much investor interest, following the company’s mid-year announcement of a new venture into alluvial gold mining in Pahang, and a capital reduction and private placement exercise that saw the entry of a new substantial shareholder.

Bouts of heavy trading in recent months have pushed its share price to an all-time high of RM0.94 as at Nov 11, 2014. Investor interest heightened further following the announcement last month that Tan Sri Lau Cho Kun of the Hap Seng group had emerged as a new substantial shareholder with a 23% stake.

http://www.theedgemarkets.com/my/article/stocks-momentum-borneo-oil

Broke out from pennant formation yesterday @ 0.92 & moved into record high & uncharted territory.

hello bro tj.....how r u, long time no talk ?

@franksoweto....u r welcome....if u buy on my posting date it was 0.57.

Same with my Carepls posting.....it was at 0.475, even before Alpha Trader posted his report.

Hopefully, all here & Carepls made money.....cheers!!!!

@siva68, sure u need to pay conversion amount 0.10 but for the exercise is foc except rm20 for cds stamp duty.
The gap of 0.04 is too much & surely warrant upside looks promising. The earliest dividen date is another 6 months away. Even if there is other corporate exercise, u can always convert.

The earliest date for the dividend will be April 2015 ( Q4 result in Feb 2015 + 2 months approval & crediting ). That's 6 months away. Price of warrant will adjust upwards in time.
Conversion from warrant to monther is FOC. You only need to pay RM20 for CDS debiting & crediting.
Buy 10k shares warrant & convert now, you made RM380 less cost of labour/transport.

Gold Rush is on :)

New record high @ 0.47

Outstanding Ratings by the Edge Market
Fundamental Factor Rated 3.0 out of 3.0 & Valuation Factor Rated 2.1 out of 3.0

Mitrajaya - Rising up the ranks
http://klse.i3investor.com/blogs/hleresearch/63300.jsp

Mikro MSC
One small cap niche player that is relatively unknown is Mikro MSC Bhd, which has consistently high margins and a net cash balance sheet. The company’s market capitalisation is relatively small at RM 75.2 million, but a recently proposed 1-for-2 bonus issue should improve liquidity.
http://www.theedgemarkets.com/my/article/insiderasia%E2%80%99s-stock-pick-mikro-msc

One small cap niche player that is relatively unknown is Mikro MSC Bhd, which has consistently high margins and a net cash balance sheet. The company’s market capitalisation is relatively small at RM 75.2 million, but a recently proposed 1-for-2 bonus issue should improve liquidity.http://www.theedgemarkets.com/my/article/insiderasia%E2%80%99s-stock-pick-mikro-msc

Time to sell 50% & moved to other counters.

MMSV

Bright future by AllianceDBS

• A niche player that provides automation
solutions to the fast-growing LED industry

• Strong growth of LED lighting market and
improving margins to drive 32% EPS CAGR

• RM0.73 TP is pegged to 12.1x FY15 EPS

The Business

Niche player.
MMSV designs and manufactures automation
solutions (testers, sorters, and handlers) with a focus on the LED
lighting industry (80% of revenue).

Riding on boom in LED lighting market.
The LED lighting market doubled in value y-o-y to USD13bn in 2012 (17% of global
lighting market) and is forecast to grow to USD19.9bn in 2014
and USD34.7bn by 2016 (43% of global lighting market). This
positive trend for LED lighting is expected to benefit MMSV, as
the stronger growth (especially in terms of volume) would
encourage LED makers to spend capex to increase production
capacity. The higher margins commanded by MMSV’s LED
machines (due to higher degree of customisation) also helped to
lift gross margins from 16% in 2011 to 36% in 1H 2014.

The Stock

Fair value of RM0.73.
Our fair value is pegged to 12.1x FY15 EPS,
in line with the average valuation for similar listed companies in
Malaysia. MMSV is experiencing an exciting growth phase,
thanks to the booming LED industry. FY14 earnings should be a
record high for MMSV since its listing in 2005. At 20% payout,
this would translate into 1.8% net dividend yield for FY14.

Strong fundamentals.
We forecast MMSV will record strong 3-
year earnings CAGR of 32% over FY13-16F. We also like the
company for its net cash position (6sen/share), superior margins
(>24%) and high ROE (>28%).

Bright future by AllianceDBS

• A niche player that provides automation
solutions to the fast-growing LED industry

• Strong growth of LED lighting market and
improving margins to drive 32% EPS CAGR

• RM0.73 TP is pegged to 12.1x FY15 EPS

The Business

Niche player.
MMSV designs and manufactures automation
solutions (testers, sorters, and handlers) with a focus on the LED
lighting industry (80% of revenue).

Riding on boom in LED lighting market.
The LED lighting market doubled in value y-o-y to USD13bn in 2012 (17% of global
lighting market) and is forecast to grow to USD19.9bn in 2014
and USD34.7bn by 2016 (43% of global lighting market). This
positive trend for LED lighting is expected to benefit MMSV, as
the stronger growth (especially in terms of volume) would
encourage LED makers to spend capex to increase production
capacity. The higher margins commanded by MMSV’s LED
machines (due to higher degree of customisation) also helped to
lift gross margins from 16% in 2011 to 36% in 1H 2014.

The Stock

Fair value of RM0.73.
Our fair value is pegged to 12.1x FY15 EPS,
in line with the average valuation for similar listed companies in
Malaysia. MMSV is experiencing an exciting growth phase,
thanks to the booming LED industry. FY14 earnings should be a
record high for MMSV since its listing in 2005. At 20% payout,
this would translate into 1.8% net dividend yield for FY14.

Strong fundamentals.
We forecast MMSV will record strong 3-
year earnings CAGR of 32% over FY13-16F. We also like the
company for its net cash position (6sen/share), superior margins
(>24%) and high ROE (>28%).

KLCI to trend higher on fresh bullishness.
"Finally, for the weekly strategy, we are inclined towards buying Chinese New Year linked small cap stocks such as MyEG, Timecom, GHLSys, Hapseng, KSL, SMRT, Tekseng, IFCA, Carepls, Bornoil, Nihsin, Perstim, SHL, Luxchem.
“As for blue chips, traders should accumulate holiday-season-beneficiaries-stocks which do well near the festive year end such as Tenaga, Telekom, Digi, Axiata, Aeon, Gamuda, IJM, Bursa and KLCC,” he said."
http://www.theedgemarkets.com/my/article/klci-trend-higher-fresh-bullishness-0

KLCI to trend higher on fresh bullishness.
"Finally, for the weekly strategy, we are inclined towards buying Chinese New Year linked small cap stocks such as MyEG, Timecom, GHLSys, Hapseng, KSL, SMRT, Tekseng, IFCA, Carepls, Bornoil, Nihsin, Perstim, SHL, Luxchem.
“As for blue chips, traders should accumulate holiday-season-beneficiaries-stocks which do well near the festive year end such as Tenaga, Telekom, Digi, Axiata, Aeon, Gamuda, IJM, Bursa and KLCC,” he said."
http://www.theedgemarkets.com/my/article/klci-trend-higher-fresh-bullishness-0

KLCI to trend higher on fresh bullishness.
"Finally, for the weekly strategy, we are inclined towards buying Chinese New Year linked small cap stocks such as MyEG, Timecom, GHLSys, Hapseng, KSL, SMRT, Tekseng, IFCA, Carepls, Bornoil, Nihsin, Perstim, SHL, Luxchem.
“As for blue chips, traders should accumulate holiday-season-beneficiaries-stocks which do well near the festive year end such as Tenaga, Telekom, Digi, Axiata, Aeon, Gamuda, IJM, Bursa and KLCC,” he said."
http://www.theedgemarkets.com/my/article/klci-trend-higher-fresh-bullishness-0

Careplus hits three-year high. Comments : Careplus is adding two new lines for producing nitrile examination gloves to complement the latex gloves range. http://www.theedgemarkets.com/my/article/careplus-hits-three-year-high

Carepls -The Edge Market Stock With Momentum today

Unaudited Quarterly Financial Report for the 2nd Quarter Ended 30 June 2014

Prospects

The Group’s financial performance and prospects are subject to the global demand for gloves, the price of latex and the movement in foreign exchange rates. The Group adopts prudent foreign currency management procedures by hedging against foreign currency rates fluctuations through the locking in of foreign currency rates at or around the time of order placement.

The existing Factory 3 in Careglove Global Sdn Bhd has nine (9) production lines with an annual capacity of approximately 1.2 billion gloves. The nine (9) production lines are currently in full operations which are producing latex examination gloves and surgical gloves. With the improvement in production efficiency, the Group is anticipated a better margin, however this is still subject to the gloves pricing and other external factors i.e price of latex and other raw materials as well as US Dollar (USD) rates.

In the case of the new Factory 4 in Careplus (M) Sdn Bhd the chlorination, packing and warehousing facilities and the hostel building in Block B were completed in 2013. The construction of the new production plant in Block E was completed in July 2014. New production lines are being installed, one line is expected to be fully operational in the third quarter of 2014 and the second line in the fourth quarter of 2014.These two new lines will be producing nitrile examination gloves to complement the latex gloves range. The Group will continue with its expansion plan for Factory 4 by adding new production lines progressively.

The Group will be applying the existing R&D facilities towards product diversification as well as improving the overall glove quality.

Barring any unforeseen circumstances, the Group expects to further improve its financial performance for the year.