airasia huat time! haha

happy holiday!

http://www.marketwatch.com/story/oil-prices-rise-on-us-rig-count-declines-2015-10-12?siteid=yhoof2

where is our sailang bro?

my avr price still higher than 0.205, going to hold for long terms. haha

if bought at high price, of coz keep it for long terms.

seems like big shark game :(

if sell at 1m volume, the price now should 0.520?

does it means collecting? since 1m volume at @0.550-0.555

just hold till year end. haha

collecting. haha

KNM - Winning Streak!
Author: kltrader | Publish date: Thu, 8 Oct 2015, 10:02 AM

News
KNM received a letter of award (LOA) of EPCC contracts for waste-to-energy facility at Beddington Lane, Croydon, UK. The cont ract amount is 88m pounds or approximately RM581m with contract duration of 27 months. Financial Impact
This is the third contract announcement in 6 months, bringing year to date win to circa RM1bn. With estimated gross margin of 20%, we expect the contract to contribute 15m or 16% to the bottom-line.
Together with this contract win, KNM has secured about RM2bn worth of EPCC contract locally since 2H14. We have factored in RM2.2bn cont ract win for RAPID related job over 4 years or RM540m per annum. With this contract win, our orderbook replenishment assumption target already met, any contract win from RAPID going forward will raise our earnings forecast.
Pros/Cons
We were surprised by the cont ract wins given that this is an EPCC contract win outside of RAPID. We remain positive on its fundamental given ability to replenish its orderbook amidst low oil price environment with the support of contract flows from RAPID. In addition, KNM was also awarded the O&M contract for waste-to-energy facility above but value is not disclosed.
Together with UK Peterborough, we will see the company transform from project based earnings to more recurring income, which will be another re-rating catalyst.
We understand that 2HFY15 earnings might not be exciting mainly due to timing of commencement of EPCC contract. We expect to see significant earnings contribution in FY16 and FY17 from RAPID and potential upside risk to our forecast.
Catalysts
i) Announcement of more RAPID cont ract win(s); ii) Financial closing of EnergyPark Peterborough; iii) Additional contribution from Renewable Energy business in Thailand and/or from JV with Hansol.
Risks
Fluctuation in oil price; Project execution ability; Delay in contracts award.
Valuation
We maintained our BUY call with unchanged target price of RM0.67 based on unchanged 11x P/E. Our TP have not yet factored in value from EnergyPark Peterborough and Thailand’s renewable energy business.
Source: Hong Leong Investment Bank Research - 8 Oct 2015

agreed with mh87

big shark create fear, then collect again. lol

i think today few shares will kena UMA. LOL

agreed.

all positive news! good shares!

mine take it as x1000. haha

julien, your lot is x100 or x1000?

100k lots @0.14 lol

no one blaming. they just asking why drop so much instead.

big shark game

first day IPO drop from 0.80 to 0.52

volume big is good.

long term business, why not holding? lol

big shark playing WA.

haters gonna hate. i can feel it now

most of the trader here hope that will drop more, so that they can buy at that time. lol

just hold until end of the year

got what announcement?

dun think so.

volume is back! :D

expected UMA as volume is too big

i think got announcement tonight. volume is too big

pang72 why bye bye?

damn big volume :D

break 1.30 :O

no worries bro. as long as steady and up

steady and up! :D

steady bro! :D

haters gonna hate. no worries

steve, are you sure?

buy back at @0.195 :O

airasia remain active shares for long time! thats good. haha

big shark collecting.

not only gob. others down as well. gob consider steady compare to others. lol

profitable company, never afraid of keeping it.

if RM hits 4.50 or 5.00, do you think only airasia will drop? luckily got lower oil price to cover

of coz with lower oil price.

never afraid of it as low oil price.