IIS 30 bidders not Heitech, Dsonic only meh?

Not IIS attract 30 bidders?

Why 30? Not Dsonic, Heitech Padu sure win?

Pos got some monopoly(normal mail) but Gdex must fight for courier service. How to win if not offer cheaper service?

Even no drop everyday PLS drop is bad. Will follow Gadang to 70 sen?

Buy after RI safer.

Actual profit inflated so must deduct RM 60 million?

kywoo MNI is a company doing recycling of old newspapers into usable newsprint. It was not doing well and the company had to be closed down. Since Hong Leong Ind has a 30% investment in the company it has to provide for its share of the total loss for 2017. However some party decided to take over MNI in 2018 and Hong Leong Ind managed to recover RM 60 million from this takeover. Hence in 2018 RM 60 million was written back as extraordinary profit. This resulted in 2018 profit of Hong Leong Ind inflated by RM 60 million.
02/09/2019 5:20 AM

8.5-9 pls come.

Uzma Berhad - Below Expectations
Date: 29/08/2019

Source : PUBLIC BANK
Stock : UZMA Price Target : 0.57 | Price Call : SELL
Last Price : 0.69 | Upside/Downside : -0.12 (17.39%)

Back

Although we had already cut our full year FY19 earnings forecast sharply by >50% in the previous quarter, Uzma still reported a weak 4Q core earnings of only RM7.8m. For the cumulative 12 months, the Group reported lower core net profit by 71.5% YTD to RM10.9m (after stripping-out all exceptional items amounting to RM18.8m). The results are below our projections though above consensus, accounting for 85.8% and 124.6% of full-year estimates respectively. The drag on this year’s performances were mainly due to lower earnings recognition in 1Q and 3Q resulting from i) higher operating cost, ii) weaker JV and associate contributions, and iii) downtime in two key earnings contributors – D18 and UzmAPRESS. We maintain our FY20-21 forecast as we think projections are already conservative, while also introducing our FY22 projection with YoY earnings growth of 18.8%. Our TP of RM0.57 based on 10x multiple to FY20 EPS remains unchanged. We retain our Underperform call considering its earnings outlook being less exciting at this juncture.

QoQ improves. Uzma’s 4Q revenue improved 24.7% QoQ attributable mainly to higher contribution from the Group’s Integrated Well Solutions (IWS) segment which saw revenue increase 40.7% QoQ post consolidation of Setegap Ventures (SVP) after the acquisition of a further 15% stake to bring it up to 64% currently. In line with higher revenue, core net profit for the quarter surged by >100% to RM7.8m from a loss of RM4.6m in 3QFY19 as it was supported by an improvement in gross profit margin by 4.6ppt to 39.3% as well as lower expenses by 59.4%.
Weak as a whole. For the full year FY19 performance, the Group reported lower core net profit by 71.5% YTD to RM10.9m despite a 15.4% rise in revenue. The drags on this year’s performances were mainly due to lower earnings recognition in 1Q and 3Q resulting from i) higher operating cost from the projects that are still at early stages, ii) lower-than-expected JV and associate contributions, and iii) downtime in two key earnings contributors – D18 and UzmAPRESS in 1Q. Although contributions improved this current quarter, recognition was still below expectations. While IWS contributions are likely to remain stronger particularly from the Pulai A field, various Hydraulik Hydraulic Workover Unit (HWU) projects in Malaysia, Thailand and China as well as from SVP, we remain cautious on its operating costs. Orderbook stands at c. RM1.2bn, with RM700m in firm contracts and the remaining from umbrella contracts.
Source: PublicInvest Research - 29 Aug 2019

If QR can believe why no dividend?

Take profit. PBB TP 57 sen why nobody see?

Agree. Sell is right. Buy back <55.

slts oil price koyak. oil stocks rebound over
31/08/2019 4:58 PM

1.76-1.77 cheap provided latest QR profit increase YOY or QOQ.

1.76 or before 90 sen dividend 2.66 cheap?

MP Corp, Dutaland, MRCB, BJ Corp, B Puri etc not Calvin chun chun Holland call beside Uzma?

2018 Aug QR is loss can repeat today?

Gadang bought loss QR DWL good? Same like Ekovest bought PLS.

No EPF/KWAP staffs in i3? You don't know ESOS can lead to EPS dilution? Need attend U? Why EPS drop QOQ?
https://klse.i3investor.com/servlets/stk/fin/6963.jsp

29-Aug-2019 Additional Listing ESOS - 641,500 shares at 0.560.

ESOS 0.56 why never ending?

Agree. Loss RM 166 million 1.9+ not cheap.

absalom Why buy-back at 2 when you can bring it down and do it at 1.
26/08/2019 12:07 PM

29-Aug-2019 Price Target Uzma Berhad - Below Expectations
Source : PUBLIC BANK, Price Call : SELL, Price Target : 0.57
Last Price : 0.00, Upside/Downside : -0.095(14.29%)

IBs' said sell why nobody read?

ENCIK WAN HAMDAN BIN WAN EMBONG 20-Aug-2019 Disposed 1,000,000 0.000 View Detail
PLATINUM CASTLE SDN. BHD. 20-Aug-2019 Disposed 1,000,000 0.000 View Detail
WHE BINA SDN. BHD. 20-Aug-2019 Disposed 1,000,000 0.000 View Detail

Director sell bec high price take profit; QR not sustainable?

Profit down 16% QOQ. <75 safer?

QOQ profit drop 12.17%.

27-Aug-2019 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 131,000 shares on 22-Aug-2019.
26-Aug-2019 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 324,200 shares on 21-Aug-2019.

55.5 still high for loss QR ctr.

Timecom package cheaper.

50 sen best buy. Wait how long?

Q3 oil drop to USD 50+.

Q1 is loss so 2 qtrs total only EPS 5.28 sen or avg 2.64 sen.

40 sen die die said HLG.

Manipulators here yet Bursa sleeping? Hidup Pas.

Why Thong Kok Khee not buying if TP RM 2?

Merdeka day coming many supermarkets give good offer. Maybe they want to beat Lazada, Shopee offer so that people still go to shopping malls?

20-Aug-2019 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 4,100,000 shares on 15-Aug-2019.

<70 coming on Yes loss and IPP terminate.

Eg is pang72?

Stock: [MBMR]: MBM RESOURCES BHD

Aug 21, 2019 10:04 AM | Report Abuse
230 nobody buy, 400 everybody rush in
so clever
https://klse.i3investor.com/servlets/cube/post/icon8888.jsp

Why Icon8888 stop posting?

Shopee, Lazada old news why QR still loss?

Najib owe tax RM 1.69 bil why never pay?

Posted by RosMaJibSpiner > Aug 22, 2019 10:59 PM | Report Abuse
Time to collect during panic morning using 2.6B.

Travel by AA is not necessity. Can postpone to other time.

Drop to 5.5 after QR?

Ticket price increase I avoid travel haha.

Buy after RI.

EPF sell 5 million today who can buy?

Perdana loss QR why up 4 sen?

Equanimity 1st QR?