Latest Target Price for TSH Resources -RM 1.46

by Public Bank


Date: 07 July 2021

Stock : TSH |
Source : PUBLIC BANK

Price Target : 1.46 |

Price Call : BUY

Last Price : 1.04

Subject : Divesting Plantation Landbank in Sabah


TSH Resources is disposing of its two pieces of plantation landbank totaling 3,007ha together with a 40mt/hour palm oil mill in Sabah for a total cash consideration of RM248m. The group is expected to recognize one-off gain of RM104.3m in the 1QFY22. We deem the offer is attractive as it is valued based on EV of RM82,474/ha or P/B of 1.48x. Based on our calculation, we think it is an earnings accretive deal for the group as it could potentially bump up its earnings by as much as RM8m after taking into the consideration of significant interest savings dspite the loss of income from the CPO production.
Pending the completion of the proposal disposal, we retain our Outperform call with an unchanged

TP of RM1.46 based on 24x FY22 EPS.




Salient details of the proposed disposal.

The two pieces of leasehold plantation landbank for divestment are located in Kinabatangan, Sabah. The tenure for the first piece has a balance of 56 years while the second piece has a balance of 75 years. Both estates are adjacent to each other and the weighted average age of the estate’s palm trees is approximately 18 years. Approximately 74% of the planted area is more than 21 years of age and is due for replanting. The total FFB production from these two plantations stood at 50,388mt in FY20. Meanwhile, the 20-year-old palm oil mill is located at the Ladang Ong Yah Ho and it mainly processes the FFB produced around the vicinity. The buyer of the plantation assets is an unlisted company, Sharikat Keratong S/B, led by a Chang family.
Improving gearing level. Management guided that the proceeds of RM248m from the proposed disposal will be used to pare down its borrowings. As of end-2020, it is sitting in a net debt position of RM1.1bn and a net gearing of 0.71x. Upon completion, the proceeds would be utilised to pay off debt, thereby, reducing its net gearing to 0.53x. It can have an annual interest savings of up to RM11.6m if it tends to settle the relatively high interest cost terms loans. In addition, the Group would be able to save capex for land clearing and replanting in the coming years as a significant portion of the estates are due for replanting. The improved gearing will also provide capacity to raise additional funding to accelerate development of its remaining unplanted plantation lands in Indonesia.
Reducing group’s FFB by 5.9%. Upon the completion of the proposed disposal, TSH will see a reduction of FFB production by about 5.9% to 855,786mt (using FY20 numbers as the base). Meanwhile, TSH’s planted area in Sabah will nearly halve to 3,169ha while group planted area will reduce by almost 10% from 31,456ha to 28,449ha.
Lucrative return of investments. All three plantation assets have a combined audited net book value of RM167.1m and the total cost investment involved is RM61.3m. In our view, we think the offer, which is valued based on EV of RM82,474/ha or P/B of 1.48x, is deemed attractive. The group is expected to recognize one-off gain of RM104.3m in the 1QFY22

Source: PublicInvest Research - 7 Jul 2021

=========================================================================

SEE_RESEARCH



Noted as one of the
MAIN CATALYSTs OF THIS SPECIAL GAIN;
WILL DRIVE TSH INTO an uptrend mode;
in fast & furious mode
with panic & frenzy buying orders

The group is expected to recognise one-off gain of RM104.3 millions in the 1QFY22



============================================================================

TSH /9059

SEE_RESEARCH

WAIT for strong rally VERY SOON

First target ------ RM 1.30

Mid term target --RM 2.00

https://klse.i3investor.com/jsp/blog/bloghl.jsp

TSH Resources -
Divesting Plantation Landbank in Sabah
Date: 07/07/2021

Stock : TSH |
Source : PUBLIC BANK

Price Target : 1.46 |

Price Call : BUY

Last Price : 1.04


TSH Resources is disposing of its two pieces of plantation landbank totaling 3,007ha together with a 40mt/hour palm oil mill in Sabah for a total cash consideration of RM248m. The group is expected to recognize one-off gain of RM104.3m in the 1QFY22. We deem the offer is attractive as it is valued based on EV of RM82,474/ha or P/B of 1.48x. Based on our calculation, we think it is an earnings accretive deal for the group as it could potentially bump up its earnings by as much as RM8m after taking into the consideration of significant interest savings dspite the loss of income from the CPO production.
Pending the completion of the proposal disposal, we retain our Outperform call with an unchanged TP of RM1.46 based on 24x FY22 EPS.




Salient details of the proposed disposal.

The two pieces of leasehold plantation landbank for divestment are located in Kinabatangan, Sabah. The tenure for the first piece has a balance of 56 years while the second piece has a balance of 75 years. Both estates are adjacent to each other and the weighted average age of the estate’s palm trees is approximately 18 years. Approximately 74% of the planted area is more than 21 years of age and is due for replanting. The total FFB production from these two plantations stood at 50,388mt in FY20. Meanwhile, the 20-year-old palm oil mill is located at the Ladang Ong Yah Ho and it mainly processes the FFB produced around the vicinity. The buyer of the plantation assets is an unlisted company, Sharikat Keratong S/B, led by a Chang family.
Improving gearing level. Management guided that the proceeds of RM248m from the proposed disposal will be used to pare down its borrowings. As of end-2020, it is sitting in a net debt position of RM1.1bn and a net gearing of 0.71x. Upon completion, the proceeds would be utilized to pay off debt, thereby, reducing its net gearing to 0.53x. It can have an annual interest savings of up to RM11.6m if it tends to settle the relatively high interest cost terms loans. In addition, the Group would be able to save capex for land clearing and replanting in the coming years as a significant portion of the estates are due for replanting. The improved gearing will also provide capacity to raise additional funding to accelerate development of its remaining unplanted plantation lands in Indonesia.
Reducing group’s FFB by 5.9%. Upon the completion of the proposed disposal, TSH will see a reduction of FFB production by about 5.9% to 855,786mt (using FY20 numbers as the base). Meanwhile, TSH’s planted area in Sabah will nearly halve to 3,169ha while group planted area will reduce by almost 10% from 31,456ha to 28,449ha.
Lucrative return of investments. All three plantation assets have a combined audited net book value of RM167.1m and the total cost investment involved is RM61.3m. In our view, we think the offer, which is valued based on EV of RM82,474/ha or P/B of 1.48x, is deemed attractive. The group is expected to recognize one-off gain of RM104.3m in the 1QFY22

Source: PublicInvest Research - 7 Jul 2021

================================================

SEE_RESEARCH

Noted as one of the
MAIN CATALYST OF THIS SPECIAL GAIN;
WILL DRIVE TSH INTO an uptrend mode;
with panic buying
The group is expected to recognize one-off gain of RM104.3millions in the 1QFY22

SEE_Research



TSH RESOURCES/ 9059

============================================

KELVIN TAN AIK PEN 23-Jul-2021 Acquired 1,000,000 - View Detail
KELVIN TAN AIK PEN 22-Jul-2021 Acquired 1,000,000 - View Detail
KELVIN TAN AIK PEN 21-Jul-2021 Acquired 800,000 - View Detail
KELVIN TAN AIK PEN 19-Jul-2021 Acquired 800,000 - View Detail
KELVIN TAN AIK PEN 16-Jul-2021 Acquired 1,000,000 - View Detail
KELVIN TAN AIK PEN 15-Jul-2021 Acquired 600,000 - View Detail
KELVIN TAN AIK PEN 14-Jul-2021 Acquired 500,000 - View Detail
TAN AIK PEN 13-Jul-2021 Acquired 500,000 - View Detail
TAN AIK PEN 12-Jul-2021 Acquired 500,000 - View Detail
TAN AIK PEN 09-Jul-2021 Acquired 300,000 - View Detail
TAN AIK PEN 08-Jul-2021 Acquired 1,000,000 - View Detail
TAN AIK PEN 07-Jul-2021 Acquired 1,000,000 - View Detail
TAN AIK PEN 02-Jun-2021 Acquired 700,000 - View Detail
TAN AIK PEN 01-Jun-2021 Acquired 700,000 - View Detail
TAN AIK PEN 31-May-2021 Acquired 400,000 - View Detail
TAN AIK PEN 28-May-2021 Acquired 500,000 - View Detail
TAN AIK PEN 27-May-2021 Acquired 450,000 - View Detail
TAN AIK PEN 25-May-2021 Acquired 500,000 - View Detail
TAN AIK PEN 24-May-2021 Acquired 700,000
THE CHAMPION ACCUMULATOR in KLSE


==========================================================================
Kelvin Tan Aik Pen
Recent bought TSH shares in massive quantities
from 24 May 2021 to 23 July 2021
( 1 month period )

Bought TSH
Sub total : 12,950 lots x average price
RM 1.08 almost RM 14 millions/
RM 14,000,000.00

===============================================
REMARKS
SEE_Research have not witnessed in recent months whereby top management staff ;
other than
Kelvin Tan Aik Pen who bought massive quantities of the company shares and translate into huge amount
RM 14,000,000.00 as the current KLSE market conditions are not favourable especially on the Malaysian political uncertainty and overall conditions are not in uptrend mode.

TSH ; it will translate some positive actions in price with strong upwards bias ; it will be fast + furious
definitely ;
in the coming days .

To :
HomeSweeHome
Take D&O take profit at 5.30 good luck.
14/08/2021 5:33 PM
==============================================
1. Suddenly ; you appeared after no noise .
On more serious note ; do not disappoint the corporate investors on your new issuance .

Again , do not disappoint us on your blog post in
intended blog in
I3 Forum --- Blog Headlines
They will be excited to follow on your buy call with serious considerations


Thanks

To :

warrenchok90

He is my classmate also
14/08/2021 4:06 PM
=================================================
It will be good to communicate with him ;
To obtain on his serious intentions of massive current buyings into TSH ;
almost 12,950 lots amounting to
RM14 millions ; he may have strong corporate exercises ?

Remarks
To exercise on the corporate exercise by taking over to private exercise.

Directors of TSH
Kelvin Tan Aik Pen
Chairman

He was the only Malaysian selected by United Nations Conference on Trade and Development to represent Malaysia at the International Trade Conference held in Paris, New York and London in 1989. At the age of 40, under the Ministry of Plantation Industries and Commodities, he was appointed as Chairman of the Malaysia Cocoa Board, a federal statutory research and development agency for 8 years from 1997 to 2004.
With his leadership and astute business acumen, TSH Resources was awarded the Highest Profit Growth Company in the plantation sector for 2013 and 2014 by The Edge Billion Ringgit Club and acknowledged by Maybank with the accolade The Best Crude Palm Oil (CPO) Yield 2013.

Ministry of Higher Education appointed Kelvin to the board of directors of University of Malaysia Sabah (Universiti Malaysia Sabah) on 1 August 2017. He also extended his services as Honorary Director of Sabah Chinese High School.

He has gained much recognition for his work and the contributions that he has made to environmental conservation and forestry. In recognition, he was conferred an Honorary Doctorate in Philosophy (Agroforestry) by the University of Malaysia Sabah in September 2006. The youngest recipient of the Honorary Doctorate.

Kelvin was first Conferred Pingat Panglima Gemilang Darjah Kinabalu (PGDK) that carries the title Datuk by the Governor of Sabah, Tun Datuk Seri Panglima Hj Sakaran bin Hj Dandai on the 16 September 1998.

On 19 April 2009, he was also Conferred Darjah Dato’ Paduka Mahkota Perak (DPMP) award that carries the title Dato’ by the Sultan of Perak, Sultan Azlan Shah.

TSH RESOURCES/ 9059



KELVIN TAN AIK PEN 23-Jul-2021 Acquired 1,000,000 - View Detail
KELVIN TAN AIK PEN 22-Jul-2021 Acquired 1,000,000 - View Detail
KELVIN TAN AIK PEN 21-Jul-2021 Acquired 800,000 - View Detail
KELVIN TAN AIK PEN 19-Jul-2021 Acquired 800,000 - View Detail
KELVIN TAN AIK PEN 16-Jul-2021 Acquired 1,000,000 - View Detail
KELVIN TAN AIK PEN 15-Jul-2021 Acquired 600,000 - View Detail
KELVIN TAN AIK PEN 14-Jul-2021 Acquired 500,000 - View Detail
TAN AIK PEN 13-Jul-2021 Acquired 500,000 - View Detail
TAN AIK PEN 12-Jul-2021 Acquired 500,000 - View Detail
TAN AIK PEN 09-Jul-2021 Acquired 300,000 - View Detail
TAN AIK PEN 08-Jul-2021 Acquired 1,000,000 - View Detail
TAN AIK PEN 07-Jul-2021 Acquired 1,000,000 - View Detail
TAN AIK PEN 02-Jun-2021 Acquired 700,000 - View Detail
TAN AIK PEN 01-Jun-2021 Acquired 700,000 - View Detail
TAN AIK PEN 31-May-2021 Acquired 400,000 - View Detail
TAN AIK PEN 28-May-2021 Acquired 500,000 - View Detail
TAN AIK PEN 27-May-2021 Acquired 450,000 - View Detail
TAN AIK PEN 25-May-2021 Acquired 500,000 - View Detail
TAN AIK PEN 24-May-2021 Acquired 700,000
THE CHAMPION ACCUMULATOR LATELY


==========================================================================

KLK Valued IJMplant at RM3.10 ,
then TSH if after bonus should be RM3.10 less 33%

(adjusted for bonus) or RM2.08



WILL TSH RESOURCES RISE UP TO REACH RM2.08?

==============================================================

TSH /9059

SEE_RESEARCH

WAIT for strong rally VERY SOON

First target ------ RM 1.30

Mid term target --RM 2.00

https://klse.i3investor.com/blogs/see_research/2021-08-14-story-h1569741319-NOW_SHOWING_THE_TRILOGY_OF_FAST_FURIOUS_SHOWS_PART_15_1_TOP_PICK_POSITI.jsp

TSH /9059

SEE_RESEARCH

WAIT for strong rally VERY SOON

First target ------ RM 1.30

Mid term target --RM 2.00

https://klse.i3investor.com/blogs/see_research/2021-08-14-story-h1569741319-NOW_SHOWING_THE_TRILOGY_OF_FAST_FURIOUS_SHOWS_PART_15_1_TOP_PICK_POSITI.jsp

To : HomeSweeHome

1. Now - 8.20 am ; 13 August 2021 ; the corporate investors are looking with high enthusiasm on your blog posting in
intended blog in
I3 Forum --- Blog Headlines; they mentioned that there is no posting by HomeSweeHome; they have lost hope in you but still believe that you will be honourable to issue out your post not later by 12.30pm.; 13 August 2021
They will be excited to follow on your buy call with serious considerations.


Do not disappoint us on your blog post in
intended blog in
I3 Forum --- Blog Headlines

Thanks

From : SEE_Research

TO : HomeSweeHome

1. As at now ; 11.10 pm ;
11 August 2021 ; the investors are waiting with patience for your coming blog post out ;
Do not disappoint the majority who have confidence in your new post on KGB that will offer some deep insight .

Thanks
11/08/2021 11:16 PM
-----------------------------------------------------------------------------------------------------------------------------------

From : HomeSweeHome
Ok wait & see
hope for the best thks.
12/08/2021 11:33 AM
==========================================================================
1. As at now 5.05 pm , 12 August 2021 , KLSE market already closed ,
the corporate investors also felt very disappointed upon your intended blog in
I3 Forum --- Blog Headlines

and they have been searching the whole day for your blog to view so that they can can take buy considerations, but unable to find in I3 Forum --- Blog Headlines
nevertheless your post in which you have done ,
( i ) date : ____?
(ii) time : _____?

2. Anyway , have been on positive side that you will honour on your words on your posting.

REMARKS

DO NOT DISAPPOINT , AS IT WILL BE OF SOME EMBARRASSMENTS ON MY PART AS HAVE SOME HIGH REGARDS ON YOU --- HomeSweeHome
AS BEEN PROMOTING HIGHLY ON YOU ---HomeSweeHome

Thanks

TO : HomeSweeHome

1. As at now ; 11.10 pm ;
11 August 2021 ; the investors are waiting with patience for your coming blog post out ;
Do not disappoint the majority who have confidence in your new post on KGB that will offer some deep insight .

Thanks
11/08/2021 11:16 PM
-----------------------------------------------------------------------------------------------------------------------------------

From : HomeSweeHome
Ok wait & see hope for the best thks.
12/08/2021 11:33 AM

===========================================================================

1. Noted --- on your intended post out --- now , after 12.31 pm , 12 August 2021 ---
in I3 Forum --- Blog Headlines , and had duly informed the corporate , business friends and
they responded that they will be looking forward upon your posting and will take necessary actions on the buy calls .

Do not disappoint these corporate shareholders as they will be utterly frustrated when the particular stocks you , HomeSweeHome recommend go the other way , or rather negative in prices.

HomeSweeHome ---you can disappoint us but it will be unwise or rather foolish to do as these
buy calls will be lacking in good judgements.

==========================================================================

Thanks and the corporate shareholders are looking forward with great intense enthusiasm.

To : HomeSweeHome

1. As at now ; 11.10 pm ;
11 August 2021 ; the investors are waiting with patience for your coming blog post out ;
Do not disappoint the majority who have confidence in your new post on KGB that will offer some deep insight .

Thanks

To :
HomeSweeHome I already received yr news,,the game is over,, Always Same Pattern Hwa Tai,,OCB & KGB-WB,,,Sassy yr right thks for the information.

=================================================
You may want to issue your report in I 3 blog ;
waiting eagerly to view your blog post

Thanks

https://klse.i3investor.com/blogs/see_research/2021-08-11-story-h1569681890-NOW_SHOWING_THE_TRILOGY_OF_FAST_FURIOUS_SHOWS_PART_13_updated_5_SURELY_.jsp

https://klse.i3investor.com/blogs/see_research/2021-08-11-story-h1569681890-NOW_SHOWING_THE_TRILOGY_OF_FAST_FURIOUS_SHOWS_PART_13_updated_5_SURELY_.jsp

https://klse.i3investor.com/blogs/see_research/2021-08-11-story-h1569681890-NOW_SHOWING_THE_TRILOGY_OF_FAST_FURIOUS_SHOWS_PART_13_updated_5_SURELY_.jsp

https://klse.i3investor.com/blogs/see_research/2021-08-10-story-h1569679964-NOW_SHOWING_THE_TRILOGY_OF_FAST_FURIOUS_SHOWS_PART_13_updated_3_A_2_TOP.jsp

https://klse.i3investor.com/blogs/see_research/2021-08-10-story-h1569679964-NOW_SHOWING_THE_TRILOGY_OF_FAST_FURIOUS_SHOWS_PART_13_updated_3_A_2_TOP.jsp

NEWSFLASH ON NASDAQ

NEWSFLASH ON NASDAQ

NEWSFLASH ON NASDAQ

In the financial , stock market theme in US is the technology sector ,
Nasdaq with the 52 weeks , low is 10,519 points and the high is 14,896 points , the closing for 6 August 2021 is near the historical high ,
14,836 points and now KLSE enjoys uptrends momentum for Technology Sector , and the spillover strong positive effects included

KGB / 0151 Warrant for Technical / Trading Buy
Short Term
Target Price RM 0.60 to RM 0.745


=========================================================================
Technical Buy + Trading Buy
KGB Warrant

1. It will be good to put KGB Warrant inside your favourite watch list for buy orders on the
KGB Warrant as it behaves almost identical pattern as Comfort Warrant

Analysis on Comfort Warrant WB

1.1 Comfort Warrant , WB
first day of listing 6 July 2021 / limit up RM 0.305

1.2 From 6 July 2021 (1st day ) to total another 13 trading days -- to 26 July 2021/ RM 0.745
total gain from RM 0.305 to RM 0.745 =RM 0.44 that translates to 145 %

July 2021
1.3 . 1 /1st day / 6 / limit up RM 0.305
2 / 2nd day 7 / closed RM 0.39
3 / 3 rd day / 8 / closed RM 0.39
4 / 4 th day / 9/ closed RM 0.415
5 / 5th day / 12 / closed RM 0.385
6 / 6th day / 13 / closed RM 0.395
7 / 7th day / 14 / closed RM 0.40
8 / 8th day / 15 / closed RM 0.47
9 / 9th day / 16 / closed Rm 0.465
10 / 10th day / 19/ closed RM 0.47
11 / 11th day / 21 / closed RM 0.595
12 / 12th day / 22 / closed RM 0.665
13/ 13th day / 23 / closed RM 0.71 ( high RM 0.74 )
14 / 14th day / 26 / closed RM 0.64 ( high RM 0.745)



=========================================================================
KGB Warrant , WB --- strong positive momentum ,
follow by huge rallies and small shallow pullbacks.

KGB Warrant WB / 0151 WB

Short Term

target price RM 0.60 to RM 0.745

=======================================================================
KGB /0151

Listed on the Main Board of the Malaysia Stock Exchange,
Kelington was founded in 2000 to provide Ultra High Purity (UHP) gas delivery solutions to the electronics and semiconductor industry --- in the technology business.
We offer a comprehensive range of services in the design and installation of process and mechanical system to our customers.

KGB /0151 is inclined to Technology Sector

KGB Warrant , WB --- strong positive momentum ,
follow by huge rallies and
shallow small pullbacks.

2. Pls note from the technical analysis of KGB Warrant , WB :
it will behave as the same positive manner to at least
Target Price : RM 0.60 to RM 0.745
short term , possibly by 19 Aug 2021 with potential gains from
RM 0.305 to RM 0.60 = RM 0.295 / 98 %
RM 0.305 to RM 0.745 = RM 0.295 / 145 %


2.1 1st day of listing / 3 August 2021 / Limit up RM 0.305

2.2 2nd / 4 August 2021 / low RM 0.305 / high RM 0.385 / closed RM 0.315

2.3 3rd day / 5 August 2021 / low RM 0.305 / high 0.355 / closed RM 0.35

2.4 4th day / 6 August 2021 / low RM 0.34 / high RM 0.42 / closed RM 0.40



KGB Warrant WB

6 August 2021 / Friday

1. On the buying interest in
2.49 pm

A. 274 lots / RM 0.36
B. 267 lots / RM 0.365
C. 795 lots / RM 0. 375
D. 1,379 lots /RM 0.385
E. 1,899 lots / RM 0.40
F. 1,186 lots / RM 0.395
G. 790 lots RM 0.40
H . 472 lots / RM 0.395
I . 641 lots /RM 0.41
J. 1,131 lots / RM 0.41
K. 133 lots / RM 0.41
L. 692 lots / RM 0.40
M. 811 lots / RM 0.40

====================================



Sub total : 10,470 lots



====================================
Huge buying from 2.49 pm to 3.00 pm, 6 July 2021





=========================================================

KGB Warrant WB / 0151 WB

Short Term

target price RM 0.60 to RM 0.745
09/08/2021 12:46 AM
X=========================================================================X

SEE_Research Technical Buy + Trading Buy
KGB Warrant

1. It will be good to put KGB Warrant inside your favourite watch list for buy orders on the
KGB Warrant as it behaves almost identical pattern as Comfort Warrant

Analysis on Comfort Warrant WB
1.1 Comfort Warrant , WB
first day of listing 6 July 2021 / limit up RM 0.305

1.2 From 6 July 2021 (1st day ) to total another 13 trading days -- to 26 July 2021/ RM 0.745
total gain from RM 0.305 to RM 0.745 =RM 0.44 that translates to 145 %

July 2021
1.3 . 1 /1st day / 6 / limit up RM 0.305
2 / 2nd day 7 / closed RM 0.39
3 / 3 rd day / 8 / closed RM 0.39
4 / 4 th day / 9/ closed RM 0.415
5 / 5th day / 12 / closed RM 0.385
6 / 6th day / 13 / closed RM 0.395
7 / 7th day / 14 / closed RM 0.40
8 / 8th day / 15 / closed RM 0.47
9 / 9th day / 16 / closed Rm 0.465
10 / 10th day / 19/ closed RM 0.47
11 / 11th day / 21 / closed RM 0.595
12 / 12th day / 22 / closed RM 0.665
13/ 13th day / 23 / closed RM 0.71 ( high RM 0.74 )
14 / 14th day / 26 / closed RM 0.64 ( high RM 0.745)



=========================================================================
KGB Warrant , WB --- strong positive momentum ,
follow by huge rallies and small shallow pullbacks.

KGB Warrant WB / 0151 WB

Short Term

target price RM 0.60 to RM 0.745

=======================================================================
KGB /0151

Listed on the Main Board of the Malaysia Stock Exchange,
Kelington was founded in 2000 to provide Ultra High Purity (UHP) gas delivery solutions to the electronics and semiconductor industry --- in the technology business.
We offer a comprehensive range of services in the design and installation of process and mechanical system to our customers.

KGB /0151 is found in Technology Sector

Technical Buy + Trading Buy
KGB Warrant

1. It will be good to put KGB Warrant inside your favourite watch list for buy orders on the
KGB Warrant as it behaves almost identical pattern as Comfort Warrant

Analysis on Comfort Warrant WB
1.1 Comfort Warrant , WB
first day of listing 6 July 2021 / limit up RM 0.305

1.2 From 6 July 2021 (1st day ) to total another 13 trading days -- to 26 July 2021/ RM 0.745
total gain from RM 0.305 to RM 0.745 =RM 0.44 that translates to 145 %

July 2021
1.3 . 1 /1st day / 6 / limit up RM 0.305
2 / 2nd day 7 / closed RM 0.39
3 / 3 rd day / 8 / closed RM 0.39
4 / 4 th day / 9/ closed RM 0.415
5 / 5th day / 12 / closed RM 0.385
6 / 6th day / 13 / closed RM 0.395
7 / 7th day / 14 / closed RM 0.40
8 / 8th day / 15 / closed RM 0.47
9 / 9th day / 16 / closed Rm 0.465
10 / 10th day / 19/ closed RM 0.47
11 / 11th day / 21 / closed RM 0.595
12 / 12th day / 22 / closed RM 0.665
13/ 13th day / 23 / closed RM 0.71 ( high RM 0.74 )
14 / 14th day / 26 / closed RM 0.64 ( high RM 0.745)



=========================================================================
KGB Warrant , WB --- strong positive momentum ,
follow by huge rallies and small shallow pullbacks.

KGB Warrant WB / 0151 WB

Short Term

target price RM 0.60 to RM 0.745

=======================================================================
KGB /0151

Listed on the Main Board of the Malaysia Stock Exchange,
Kelington was founded in 2000 to provide Ultra High Purity (UHP) gas delivery solutions to the electronics and semiconductor industry --- in the technology business.
We offer a comprehensive range of services in the design and installation of process and mechanical system to our customers.

KGB /0151 is found in Technology Sector

=========================================================================
NEWSFLASH ON NASDAQ

NEWSFLASH ON NASDAQ

NEWSFLASH ON NASDAQ

In the financial , stock market theme in US is the technology sector ,
Nasdaq with the 52 weeks , low is 10,519 points and the high is 14,896 points , the closing for 6 August 2021 is near the historical high ,
14,836 points and now KLSE enjoys uptrends momentum for Technology Sector , and the spillover strong positive effects included

KGB / 0151 Warrant for Technical / Trading Buy

=========================================================================
NASDAQ , US
How many companies are in the Nasdaq?
There are 3,097 Nasdaq-listed securities as of April 2021, but, as mentioned previously, not every type of security is included in the Nasdaq Composite index. For example, the portion of the Nasdaq that consists of exchange-traded funds (ETFs) is not included.

According to the fact sheet for the Fidelity Nasdaq Composite Index Fund (NASDAQMUTFUND:FNCMX), a mutual fund that tracks the index, there were a total of 2,485 different stocks issued by 2,444 companies in the index as of Dec. 31, 2020. (Some companies have more than one class of stock.)

However, it’s important to know that because the index is weighted by market capitalization, and because some of the largest companies in the world are Nasdaq-listed, the index is rather top-heavy. In fact, the top 10 stocks in the Nasdaq Composite account for one-third of the index’s performance. With that in mind, here’s a look at the 20 largest stocks in the Nasdaq Composite:

Apple (NASDAQ:AAPL)
Microsoft (NASDAQ:MSFT)
Amazon (NASDAQ:AMZN)
Facebook (NASDAQ:FB)
Alphabet Class C (NASDAQ:GOOG)
Alphabet Class A (NASDAQ:GOOGL)
Tesla (NASDAQ:TSLA)
NVIDIA (NASDAQ:NVDA)
PayPal Holdings (NASDAQ:PYPL)
ASML Holdings (NASDAQ:ASML)
Intel (NASDAQ:INTC)
Comcast (NASDAQ:CMCSA)
Netflix (NASDAQ:NFLX)
Adobe (NASDAQ:ADBE)
Cisco Systems (NASDAQ:CSCO)
PepsiCo (NASDAQ:PEP)
Broadcom (NASDAQ:AVGO)
Texas Instruments (NASDAQ:TXN)
Pinduoduo (NASDAQ:PDD)
T-Mobile US (NASDAQ:TMUS

==========================================================================

KGB Warrant , WB --- strong positive momentum ,
follow by huge rallies and
shallow small pullbacks.

2. Pls note from the technical analysis of KGB Warrant , WB :
it will behave as the same positive manner to at least
Target Price : RM 0.60 to RM 0.745
short term , possibly by 19 Aug 2021 with potential gains from
RM 0.305 to RM 0.60 = RM 0.295 / 98 %
RM 0.305 to RM 0.745 = RM 0.295 / 145 %


2.1 1st day of listing / 3 August 2021 / Limit up RM 0.305
2.2 2nd / 4 August 2021 / low RM 0.305 / high RM 0.385 / closed RM 0.315

2.3 3rd day / 5 August 2021 / low RM 0.305 / high 0.355 / closed RM 0.35

2.4 4th day / 6 August 2021 / low RM 0.34 / high RM 0.42 / closed RM 0.40



KGB Warrant WB

6 August 2021 / Friday

1. On the buying interest in
2.49 pm

A. 274 lots / RM 0.36
B. 267 lots / RM 0.365
C. 795 lots / RM 0. 375
D. 1,379 lots /RM 0.385
E. 1,899 lots / RM 0.40
F. 1,186 lots / RM 0.395
G. 790 lots RM 0.40
H . 472 lots / RM 0.395
I . 641 lots /RM 0.41
J. 1,131 lots / RM 0.41
K. 133 lots / RM 0.41
L. 692 lots / RM 0.40
M. 811 lots / RM 0.40

====================================



Sub total : 10,470 lots



====================================
Huge buying from 2.49 pm to 3.00 pm, 6 July 2021





=========================================================

KGB Warrant WB / 0151 WB

Short Term

target price RM 0.60 to RM 0.745

NOW SHOWING: The Trilogy of FAST & FURIOUS Shows -https://klse.i3investor.com/blogs/see_research/2021-08-09-story-h1569651044-NOW_SHOWING_The_Trilogy_of_FAST_FURIOUS_Shows_NASDAQ_CLOSING_ON_6_AUG_2.jsp

NEWSFLASH ON NASDAQ

NEWSFLASH ON NASDAQ

NEWSFLASH ON NASDAQ
In the financial , stock market theme in US is the technology sector ,
Nasdaq with the 52 weeks , low is 10,519 points and the high is 14,896 points , the closing for 6 August 2021 is near the historical high ,
14,836 points and now KLSE enjoys uptrends momentum for Technology Sector , and the spillover strong positive effects included

KGB / 0151 Warrant for Technical / Trading Buy
Short Term
Target Price RM 0.60 to RM 0.745

https://klse.i3investor.com/blogs/see_research/2021-08-09-story-h1569651044-NOW_SHOWING_The_Trilogy_of_FAST_FURIOUS_Shows_NASDAQ_CLOSING_ON_6_AUG_2.jsp

https://klse.i3investor.com/blogs/see_research/2021-08-08-story-h1569647048-NOW_SHOWING_THE_TRILOGY_OF_FAST_FURIOUS_SHOW_Corporate_Exercise_Part_4_.jsp

SEE_Research
Technical Charts

Technical Buy + Trading Buy
KGB Warrant

1. It will be good to put KGB Warrant inside your favourite watch list for buy orders on the
KGB Warrant as it behaves almost identical pattern as Comfort Warrant

Analysis on Comfort Warrant WB
1.1 Comfort Warrant , WB
first day of listing 6 July 2021 / limit up RM 0.305

1.2 From 6 July 2021 (1st day ) to total another 13 trading days -- to 26 July 2021/ RM 0.745
total gain from RM 0.305 to RM 0.745 =RM 0.44 that translates to 145 %

July 2021
1.3 . 1 /1st day / 6 / limit up RM 0.305
2 / 2nd day 7 / closed RM 0.39
3 / 3 rd day / 8 / closed RM 0.39
4 / 4 th day / 9/ closed RM 0.415
5 / 5th day / 12 / closed RM 0.385
6 / 6th day / 13 / closed RM 0.395
7 / 7th day / 14 / closed RM 0.40
8 / 8th day / 15 / closed RM 0.47
9 / 9th day / 16 / closed Rm 0.465
10 / 10th day / 19/ closed RM 0.47
11 / 11th day / 21 / closed RM 0.595
12 / 12th day / 22 / closed RM 0.665
13/ 13th day / 23 / closed RM 0.71 ( high RM 0.74 )
14 / 14th day / 26 / closed RM 0.64 ( high RM 0.745)



==============================================================
KGB Warrant , WB --- strong positive momentum ,
follow by huge rallies and
shallow pullbacks.

2. Pls note from the technical analysis of KGB Warrant , WB :
it will behave as the same positive manner to at least
Target Price : RM 0.60 to RM 0.745
short term , possibly by 19 Aug 2021 with potential gains from
RM 0.305 to RM 0.60 = RM 0.295 / 98 %
RM 0.305 to RM 0.745 = RM 0.295 / 145 %

2.1 1st day of listing / 3 August 2021 / Limit up RM 0.305
2.2 2nd / 4 August 2021 / low RM 0.305 / high RM 0.385 / closed RM 0.315

2.3 3rd day / 5 August 2021 / low RM 0.305 / high 0.355 / closed RM 0.35

2.4 4th day / 6 August 2021 / low RM 0.34 / high RM 0.42 / closed RM 0.40



Expecting on or about

19 August 2021 ,

target price RM 0.60 to RM 0.745

================================================================





How to attract bees and other pollinators to your garden / KLSE stocks.
Answer: Choose several colours of flower stocks listed in KLSE.

Bees have good colour vision to help them in finding bright colour flowers and the juicy nectar / = profit and colourful pollen /= gain -> they offer.

Honey Bees GIF by PBS Digital Studios - Find & Share on GIPHY

Honey Bees GIF by University of California - Find & Share on GIPHY

#bee from Maskman626 image.jpeg

Little honey bee GIFs - Get the best gif on GIFER

================================================================
KGB Warrant WB / 0151 WB
Short term target price :
RM 0.60 to
RM 0.745

Thanks for reading and see you in the next post.
THE ABOVE IS NOT A BUY OR SELL CALL AND IS ONLY A PERSONAL OPINION , WRITTEN AS ARTICLE FOR SHARING PURPOSES TO KLSE COMMUNITY MEMBERS.

DISCLAIMER : Investment involves risks, including possible loss of investment and other losses.

This article and charts are provided for information only and should not be construed as a solicitation to buy or sell any of the instruments mentioned herein. The author may have positions in some of these instruments. The author shall not be responsible for any losses or profits resulting from investment decisions based on the use of the information contained herein. If investments and other professional advice are required, the services of a licensed professional person should be sought.



ISSUED BY SEE RESEARCH

(SENSING EAGLE EYES RESEARCH)



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NOW SHOWING: The Trilogy of FAST & FURIOUS Shows - PART 12 ( updated number : 12 ) in KLSE -saya mesti mencari satu lagi permata - Aug 06, 2021
NOW SHOWING: THE TRILOGY OF FAST & FURIOUS SHOW / Corporate Exercise / Part 4 E ANCOM/4758 & NYLEX/4944 - Aug 02, 2021
NOW SHOWING: THE TRILOGY OF FAST & FURIOUS SHOWS PART 8 – (updated number : 17 )-saya mesti mencari satu lagi permata " Hwa tai /8478 " - Aug 01, 2021
NOW SHOWING: The Trilogy of FAST & FURIOUS Shows - PART 11 (UPDATED NUMBER : 3 - R ) KSSC / 5192 - Aug 01, 2021
NOW SHOWING: THE TRILOGY OF FAST & FURIOUS SHOW / Corporate Exercise /Part 4 D ANCOM/4758 & NYLEX/4944 - Jul 31, 2021
NOW SHOWING: The Trilogy of FAST & FURIOUS Shows - PART 11 (UPDATED NUMBER : 3 - S ) on Steel & Aluminium Companies in KLSE + KSSC--- TRADING & TECH - Jul 30, 2021
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https://klse.i3investor.com/blogs/see_research/2021-08-07-story-h1569622062-NOW_SHOWING_The_Trilogy_of_FAST_FURIOUS_Shows_PART_13_in_KLSE_saya_mest.jsp

Technical Charts

KGB Warrant

1. It will be good to issue some buy orders on the
KGB Warrant as it behaves almost identical pattern as

1.1 Comfort Warrant , first day of listing 6 July 2021 / limit up RM 0.305

1.2 From 6 July 2021 to total 13 trading days -- to 26 July 2021 RM 0.745
total gain from RM 0.305 to RM 0.745 =RM 0.44 that translates to 145 %

1.3 Pls note from the technical analysis of KGB Warrant , it will behave the same positive manner to at least
Target Price : RM 0.60 ,
short term , possibly by 13 August 2021 with potential gains from
RM 0.305 to RM 0.60 = RM 0.295 / 98 %

search https://klse.i3investor.com/blogs/see_research/2021-07-29-story-h15688...
===========================================================================

(A ) OCB / 5533

SEE_RESEARCH

WAIT for strong rally VERY SOON



First target ------ RM 1.50

==========================================================================


SEE_ Research

( B) KGB /0151

Latest update on the Short Term

Target Price RM 1.50 to RM 1.60
29/07/2021 1:29 PM

SEE _Research

===========================================================================

https://klse.i3investor.com/blogs/see_research/2021-07-29-story-h15688...
===========================================================================

(A ) OCB / 5533

SEE_RESEARCH

WAIT for strong rally VERY SOON



First target ------ RM 1.50

==========================================================================


SEE_ Research

( B) KGB /0151

Latest update on the Short Term

Target Price RM 1.50 to RM 1.60
29/07/2021 1:29 PM

OCB / 5533

SEE_RESEARCH

WAIT for strong rally VERY SOON



First target ------ RM 1.50





Of course , most of the investors, at this time - on 2 August 2021

claimed that the target prices is just “ wild dream “ and not able to achieve successfully,

Much to their surprise, the first target will achieved VERY, VERY, VERY SOON ,

From 2 August 2021 / Monday onwards.



As for the first target prices –RM1.50 and above

will be able to be achieved sooner than the majority of the investors thought otherwise,

Just like the ferocious bull that charged and hurdled on the King of the jungle -the Lion King.

FOR OCB /5533

Question Number 1 : MAKING MONEY ?

ANWER : YES



QUESTION Number 2 : PAYING DIVIDEND ?

ANSWER : YES



QUESTION Number 3 : when was the last payment of the dividend ?

ANSWER : ex date 16 July 2021 ;

payment date : 30 July 2021 ( RM 15.00 per 1 lot )

A dividend payment is the distribution of a company 's profit to its shareholders.

Dividend is usually paid as a reward to its existing shareholders.

https://klse.i3investor.com/blogs/see_research/2021-08-01-story-h1568904407-NOW_SHOWING_THE_TRILOGY_OF_FAST_FURIOUS_SHOWS_PART_8_updated_number_17_.jsp

https://klse.i3investor.com/blogs/see_research/2021-08-01-story-h1568904375-NOW_SHOWING_The_Trilogy_of_FAST_FURIOUS_Shows_PART_11_UPDATED_NUMBER_3_.jsp

SEE_Research

NYLEX / 4944


EPS DPS NTA Revenue P/L Quarter Q Date Financial Year Announced QoQ% YoY% Report
6.36 0.000 1.7400 353.31m 11.40m 4 2021-05-31 31 May, 2021 2021-07-29 130.7% 161% View
2.76 0.000 1.6700 289.06m 4.94m 3 2021-02-28 31 May, 2021 2021-04-28 10.1% 234.5% View

ANALYSIS ON QUARTER REPORTS
Financial Quarter Announced Profit RM ( in million ) EPS
(i) 30 July 2021 11.40 / 6.36
(i) 28 April 2021 4.94 / 2.76
==================================================
EPS = 9.12

Taking on 9.12 x 2 quarters = 18.24 x PER 10
= RM 1.82 - minus 30 % ( for safety margin )
Intrinsic value = RM 1.27


SEE RESEARCH

FOR NYLEX :

TARGET PRICES

RM 1.20 short term,

RM 1.50 mid term
31/07/2021 8:42 PM

SEE_Research

Ancom Berhad recorded strong fourth quarter and full-year financial results for the period ended May 31, 2021.

Picture courtesy of Ancom Berhad
Ancom Berhad recorded strong fourth quarter and full-year financial results for the period ended May 31, 2021. — Picture courtesy of Ancom Berhad

KUALA LUMPUR, July 30 — Ancom Berhad recorded strong fourth quarter and full-year financial results for the period ended May 31, 2021 amid a highly challenging operating environment.

In a statement, the leading manufacturer and supplier of agricultural and industrial chemicals in South-east Asia said its 4QFY21 revenue increased 44.1 per cent year-on-year to RM445.9 million compared to RM309.4 million in the same period last year.

It said the improvement was primarily driven by the agricultural chemicals segment as higher global demand bolstered the segmental top line by 28.6 per cent to RM79.9 million.


Higher trading volume and average selling prices also boosted the revenue of the industrial chemicals arm by 52.6 per cent y-o-y to RM325.1 million, the group added.

Ancom’s profit after tax and non-controlling interest also jumped to RM7.6 million in 4QFY21 versus a loss of RM11.8 million a year ago.

For the full year, Ancom’s revenue increased marginally by 4.5 per cent y-o-y to RM1.54 billion in FY21.

Meanwhile, the Group reported full-year net profit of RM23.9 million for FY21, which Ancom Berhad Group CEO Lee Cheun Wei noted was its best full-year bottom line since 2008.

“Our agricultural chemicals division has done very well, riding on the uptrend of global demand for food. We anticipate the trend to persist with a continued strong contribution from this segment. As for the industrial chemicals segment, our trading business has performed favourably too, having benefited from higher sales volume and generally higher average selling prices,” he said.

Given the restrictions in operations imposed during MCO/EMCO in the months of June and July, we have been very vigilant to comply with regulations while continuing to serve our clients as an integral part of the food supply chain. We are cognisant of the ongoing challenges such as freight costs and supply chain disruptions due to the pandemic, and we managed to deliver commendable results thus far.”

Lee added that he anticipates the growth trajectory of the Group, particularly the agricultural chemicals division, to remain strong.

“Recently, we have begun our production of new active ingredients at our existing plants and are expecting to add a few more to our portfolio once our new plant is ready by the first half of 2022. We are optimistic and will strive to continue to deliver good and satisfactory results for our shareholders next year,” he concluded.

Related Articles Ancom says Nylex’s board has accepted RM179.3m buyout offer Source: Ancom in bid to fully acquire Nylex Ancom Bhd untung lima kali ganda, meningkat RM9.3 juta

=========================================

ANCOM

ANALYSIS ON QUARTER REPORTS
Financial Quarter Announced Profit RM ( in million ) EPS
(i) 29July 2021 7.61 / 3.19
(i) 28 April 2021 7.08. /2.98
(i) 26 Jan 2021 6.19. / 2.59
(i) 27 Oct 2020. 3.06. /1.28
=============================================================
23.94 millions / 10.04
analysis based on PER 30 x 10.04 = RM 3.00

intrinsic value = RM 3.00

========================================
SEE RESEARCH
ANCOM / 4758

TARGET PRICES
RM 2.00 per share- short term
RM 2.50 per share- mid term

https://klse.i3investor.com/blogs/see_research/2021-07-31-story-h1568880164-NOW_SHOWING_THE_TRILOGY_OF_FAST_FURIOUS_SHOW_Corporate_Exercise_Part_4_.jsp

Ancom Berhad recorded strong fourth quarter and full-year financial results for the period ended May 31, 2021.

Picture courtesy of Ancom Berhad
Ancom Berhad recorded strong fourth quarter and full-year financial results for the period ended May 31, 2021. — Picture courtesy of Ancom Berhad

KUALA LUMPUR, July 30 — Ancom Berhad recorded strong fourth quarter and full-year financial results for the period ended May 31, 2021 amid a highly challenging operating environment.

In a statement, the leading manufacturer and supplier of agricultural and industrial chemicals in South-east Asia said its 4QFY21 revenue increased 44.1 per cent year-on-year to RM445.9 million compared to RM309.4 million in the same period last year.

It said the improvement was primarily driven by the agricultural chemicals segment as higher global demand bolstered the segmental top line by 28.6 per cent to RM79.9 million.


Higher trading volume and average selling prices also boosted the revenue of the industrial chemicals arm by 52.6 per cent y-o-y to RM325.1 million, the group added.

Ancom’s profit after tax and non-controlling interest also jumped to RM7.6 million in 4QFY21 versus a loss of RM11.8 million a year ago.

For the full year, Ancom’s revenue increased marginally by 4.5 per cent y-o-y to RM1.54 billion in FY21.

Meanwhile, the Group reported full-year net profit of RM23.9 million for FY21, which Ancom Berhad Group CEO Lee Cheun Wei noted was its best full-year bottom line since 2008.

“Our agricultural chemicals division has done very well, riding on the uptrend of global demand for food. We anticipate the trend to persist with a continued strong contribution from this segment. As for the industrial chemicals segment, our trading business has performed favourably too, having benefited from higher sales volume and generally higher average selling prices,” he said.

Given the restrictions in operations imposed during MCO/EMCO in the months of June and July, we have been very vigilant to comply with regulations while continuing to serve our clients as an integral part of the food supply chain. We are cognisant of the ongoing challenges such as freight costs and supply chain disruptions due to the pandemic, and we managed to deliver commendable results thus far.”

Lee added that he anticipates the growth trajectory of the Group, particularly the agricultural chemicals division, to remain strong.

“Recently, we have begun our production of new active ingredients at our existing plants and are expecting to add a few more to our portfolio once our new plant is ready by the first half of 2022. We are optimistic and will strive to continue to deliver good and satisfactory results for our shareholders next year,” he concluded.

Related Articles Ancom says Nylex’s board has accepted RM179.3m buyout offer Source: Ancom in bid to fully acquire Nylex Ancom Bhd untung lima kali ganda, meningkat RM9.3 juta

=========================================

ANCOM

ANALYSIS ON QUARTER REPORTS
Financial Quarter Announced Profit RM ( in million ) EPS
(i) 29July 2021 7.61. 3.19
(i) 28 April 2021 7.08. 2.98
(i) 26 Jan 2021 6.19. 2.59
(i) 27 Oct 2020. 3.06. 1.28
=============================================================
23.94 millions 10.04
analysis based on PER 30 x 10.04 = RM 3.00

intrinsic value = RM 3.00

========================================
SEE RESEARCH
ANCOM / 4758

TARGET PRICES
RM 2.00 per share- short term
RM 2.50 per share- mid term

SUMMARY

ANCOM

ANALYSIS ON QUARTER REPORTS
Financial Quarter Announced Profit RM ( in million ) EPS
(i) 29July 2021 7.61 3.19
(i) 28 April 2021 7.08 2.98
(i) 26 Jan 2021 6.19 2.59
(i) 27 Oct 2020 3.06 1.28
=============================================================
23.94 millions 10.04
analysis based on PER 30 x 10.04 = RM 3.00

intrinsic value = RM 3.00

What is a fair P/E for ANCOM?
Local agrochemical Hextar /5151 is given a P/E of 30 by PublicInvest.
What about other listed agrochem companies?

In the world of agrochemical companies that are listed
- Bayer Crop Science [P/E 52]
- Corteva [P/E 49]
- Sumitomo [P/E 59]
- Adama [P/E 59]

Average of P/E 50+ !!
Because they deal with FOOD SECURITY via crop protection, just like ANCOM.

Taking CURRENT FY patami of RM24m at various levels of P/E,
what would the market cap of ANCOM be from current level of RM 371m?
( as at 30 July 2021 )

P/E 25 = RM642m [ 73% upside ]
P/E 30 = RM767m [ 106% upside ]
P/E 35 = RM895m [ 141% upside ]

ANCOM's turnaround story has just begun, so the P/E may be gradually moving up. Plus, management forecast next year's results to be better than the current year's RM24 millions
==================================================


SEE RESEARCH
ANCOM / 4758

TARGET PRICES
RM 2.00 per share- short term
RM 2.50 per share- mid term

NYLEX / 4944



EPS DPS NTA Revenue P/L Quarter Q Date Financial Year Announced QoQ% YoY% Report
6.36 0.000 1.7400 353.31m 11.40m 4 2021-05-31 31 May, 2021 2021-07-29 130.7% 161% View
2.76 0.000 1.6700 289.06m 4.94m 3 2021-02-28 31 May, 2021 2021-04-28 10.1% 234.5% View

ANALYSIS ON QUARTER REPORTS
Financial Quarter Announced Profit RM ( in million ) EPS
(i) 30 July 2021 11.40 6.36
(i) 28 April 2021 4.94 2.76
==================================================
9.12

Taking on 9.12 x 2 quarters = 18.24 x PER 10
= RM 1.82 - minus 30 % ( for safety margin )
Intrinsic value = RM 1.27


SEE RESEARCH

FOR NYLEX :

TARGET PRICES

RM 1.20 short term,

RM 1.50 mid term

SEE_Research BERNAMA .com

News in Brief
29 July 2021

=======================================

Nylex ( Malaysia ) Berhad /4944
returned to black
with huge profit of
RM 19.31 millions for the current financial year 2021


against a net loss of RM 23.21 millions in the previous year

BERNAMA .com

News in Brief
29 July 2021



===========================

Nylex ( Malaysia ) Berhad /4944
returned to black
with huge profit of
RM 19.31 millions for the current financial year 2021


against a net loss of RM 23.21 millions in the previous year

=====================================
SEE RESEARCH

FOR NYLEX :

TARGET PRICES


RM 1.20 short term,

RM 1.50 mid term

SUMMARY

SEE RESEARCH

FOR NYLEX :

TARGET PRICES



RM 1.20 short term,

RM 1.50 mid term

===================================================

FOR ANCOM:

TARGET PRICES

RM 2.00 short term,

RM 2.50 mid term

SUMMARY

SEE RESEARCH

FOR NYLEX :

TARGET PRICES


RM 1.20 short term,

RM 1.50 mid term

=========================================

FOR ANCOM:

TARGET PRICES

RM 2.00 short term,

RM 2.50 mid term

https://klse.i3investor.com/blogs/see_research/2021-07-31-story-h1568880164-NOW_SHOWING_THE_TRILOGY_OF_FAST_FURIOUS_SHOW_Corporate_Exercise_Part_4_.jsp