@Hairi, as the exercises price is at RM1.45 with only 9 months to expiry.

Nice closing. 66 is an angel number and it means everything goes well. Fingers crossed

If some noticed, u see a bullish set-up of Zelan since Mar 21. But at the same time, investors that understand Zelan also should understand that it is not walk in the park for it to continue to go up. As many frustrated investors / traders will sell any each level as they are holding too long. It will take a bit more time for it to go even higher

Q1 2021, it has finally recognised the award of RM292.1mn and this award has been successfully recognised and registered in the court of Abu Dhabi. And no legal ground anymore for the project owner to appeal on this.

This could be the silver lining needed by Zelan.

Even IIUM concession cash inflow is not substantial but it provides another 14 years of cash inflows to Zelan of RM24-25mn a year. That will substantially help Zelan to survive

Just fyi, I believed why the Zelan didn't participate in new tenders as Zelan financially not strong to kick-start the project even if it got it. However, it is has better financial footing than what it is 3 years ago with commencement of maintaining IIUM's concession with RM24-25mn cash inflow a year and sub-contract works for SUKE Highway.

Hence, once they got sum of RM292.1mn from the project owner of the demolished Meena Plaza, turning fortune for Zelan. With major financial boost, their focus is to go into renewables

The sum of AED256.1mn (approx. RM292.1mn) should be awarded anytime soon. This is 3 times the market cap of Zelan and provides the needed lifeline for Zelan to commit money for new projects and dividends going forward.

The Abu Dhabi Cassation Court ruled in favour of ZHSB by rejecting the project owner’s application to nullify the Award on 30 April 2020 and dismissing the project owner’s application for Grievance on 25 October 2020. There is no legal ground and avenues for the project owner continued to challenge and dispute the validity

Also. the Meena Plaza Project, including its four (4) towers was demolished on 27 November 2020 by the Department of Municipalities and Transport of Abu Dhabi. This will not dilute the right of ZHSB to recover the awarded sum from the project owner. Further, the Award has been successfully registered and recognised in the Court of Abu Dhabi.

https://fb.watch/5YjlG3bzpp/

Happy Sunday Guys - My latest post on EWINT. Stay safe and happy investing :)

https://klse.i3investor.com/blogs/TimelessInvestment/2021-06-06-story-...

Happy Sunday Guys - My latest post on EWINT. Stay safe and happy investing :)

https://klse.i3investor.com/blogs/TimelessInvestment/2021-06-06-story-h1566076036-EcoWorld_International_Berhad_EWINT_The_Rosy_Case.jsp

Consolidation is over. I'm looking into 60, 61 and 64.5

My new article on Boustead Holdings Bhd. Hope it could add value to all the i3 members. Stay safe Guys

https://klse.i3investor.com/blogs/TimelessInvestment/2021-06-05-story-h1566073244-Boustead_Holdings_Bhd_BHB_A_Turnaround_Story.jsp

My new article on Boustead Holdings Bhd. Hope it could add value to all the i3 members. Stay safe Guys

https://klse.i3investor.com/blogs/TimelessInvestment/2021-06-05-story-h1566073244-Boustead_Holdings_Bhd_BHB_A_Turnaround_Story.jsp

My new article on Boustead Holdings Bhd. Hope it could add value to all the i3 members. Stay safe Guys

https://klse.i3investor.com/blogs/TimelessInvestment/2021-06-05-story-h1566073244-Boustead_Holdings_Bhd_BHB_A_Turnaround_Story.jsp

On course for one of the busiest years
Buyers and investors are still scrambling for properties across the UK. The property market is even on course to have its busiest year since the financial crisis. And 2021 is looking to be one of the top 10 busiest years since 1959, according to Zoopla’s latest House Price Index.

Over 1.5m homes are set to change hands this year, which would be the highest level in 14 years. This is a whopping 45% more than in 2020. The search for space and the stamp duty holiday are leading this strong growth

By the way, i made request to the Company the AGM by way of virtual meeting. So that we can raise concerns, issues and also understand on the prospects going forward

Already finished my final round of accumulations at RM0.18. Next week should be interesting

Ewint wakes up from hibernation, hungry and on aggression mode. 60 - 70 cents should be easily breached soon

Aimflex is building its floor around 18 cents. Changing hands from punters to value investors that buying in bulk. Hold for few months to reap a minimum of 30% upside

With fundamentals are improving. I don't see its low prices will stay long

Ride the wave. It might the next goreng counter with the likes of Dataprep, Jetson, Sedania, Cheetah

Impact of non-ESG compliance. KWAP disposed their stake in the Company. Possible EPF is next

https://www.klsescreener.com/v2/announcements/view/3371135

Also, the Company has a very unique position. They are into automation and AI but they can cater into various industries that constantly required less human interventions and automation in their processes to give edge and to optimise their costs

My view is the Company is not only changing its name but more of corporate re-branding. First of all, I-Stone name doesn't sound appealing if you are expanding your automation business into other sectors in O&G, semiconductor and also telecommunication. Also, it gives better impression to its existing and future clientele as they are working towards highly specialised automation equipment beyond electric appliances and E&E.

What I can see that Q4 20 results was very impressive. If not because of ESOS, the Company could achieve a very credible results. In Q1 21, it was because of Covid cases for 2 facilities and additional outsourcing costs and OTs to meet its demand. If its operations is back to normalcy, Q1 21 could be profitable. Do note that the Company has growing revenue quarter-on-quarter. At 18 cents, it is definitely a value buy

https://www.freemalaysiatoday.com/category/sports/2021/05/30/brentford-end-74-year-wait-to-play-in-premier-league/

Finally, Brentford FC has been promoted to EPL. Ewint will follow through to RM1

https://www.google.com/amp/s/www.forbes.com/sites/zakgarnerpurkis/2021/05/31/brentford-the-premier-leagues-newbies-who-trust-the-process/amp/

But the good thing is unlike Serba Dinamik which requested to change from KPMG to BDO, the Company has changed its auditor from RSM to Deloitte. This has built credibility to its financial reports.

We are talking the prices of properties in developed country. Is very impressive for a developed nation to show such an impressive growth

In comparison of Malaysia, property transactions is on decreasing trend. In year 2019, 328 k was transacted and it dropped to less than 250 k in year 2020. Bear in mind, UK population is only double Malaysia but the property transactions is 6 times higher. And UK properties are not cheap

In Jan 21, residential property transactions increased to 121k. If annualised will close to 1.5 million. As a matter of fact, Jan 21 transactions was 24% higher than Jan 20

The good thing is their business is not affected by FMCO but instead it is booming in UK and Aus, where they started to reopen the economy

Need to be patient. Below 40 should be a nice entry. What missing in the equation is the Myanmar's impact. Current price hasn't taken into account the full brunt of impact from Myanmar's coup. Is getting serious

Consolidation mode since 21 March 21. Already 2 months. Anytime soon, it will breach to next level of 60. Just do a dollar averaging and you be fine

Is a value investing. Brainless buy at current price.

https://www.google.com/amp/s/www.nst.com.my/amp/property/2021/05/690709/uk-estate-agents-plead-more-supply-housing-boom-rages

https://www.google.com/amp/s/amp.theguardian.com/business/2021/may/21/nationwide-predicts-uk-house-prices-will-continue-to-rise

https://www.reuters.com/world/uk/uk-property-boom-set-roll-savings-unlocked-2021-05-21/

Tony Fernandes is lucky that he got AA during the start the boom of global travel. Since than he did a lot bad mistakes - overly expanded into silly routes (i.e. high demand but at the same time cut-throat competition), adding all the non-core businesses, regularly paying dividends which is unusual for high capex industries, concentrate too much on marketing effort than understanding consumers needs. Is very hard to invest in a business that you cannot control its revenue and costs like Air Asia. His golden time is all over and not because of Covid but Covid is just the last nail in the coffin

https://www.bbc.com/news/business-57066915

https://www.google.com/amp/s/amp.theguardian.com/business/2021/may/10/uk-house-prices-increase-at-fastest-rate-in-five-years-stamp-duty-holiday

Essentially, there is no change of ownership of the 27% equity stake. It is always owned by GLL EWI (HK) Limited and continued to do so. The change was the holding companies of GLL EWI, HL Holdings Sdn Bhd and Hong Leong Company (Malaysia) Berhad ceased to have "indirect" equity stake in EWINT due to internal restructuring exercise of Hong Leong Group.

However, it is still indirectly owned by Guoco Group Limited, Tan Sri' Quek Leng Chan, Kwek Leng Beng and their related companies.

Even the Edge issued an apology statement on this

(The previous version of this article reported that Hong Leong Group had ceased to be a substantial shareholder of EWI. We regret the error.)

Nothing to be concerned of. Just an internal restructuring exercising involving Hong Leong Group. The stake is still owned by related company of Hong Leong Group

https://www.theedgemarkets.com/article/hong-leong-group-moves-27-stake-eco-world-international-flagship-company-restructuring

Next week is gonna test its 52 weeks high of 61.5

Confirmation of uptrend

The MOBE will outline the collaboration where both parties shall be working closely, including engaging relevant stakeholders and understanding regulations and specific market requirements. It will also identify potential opportunities where UEM Edgenta can demonstrate and offer its solutions and capabilities with a view of establishing a commercial structure should the opportunity arise before the end of December 2021.”

https://www.theedgemarkets.com/article/uem-edgenta-signs-memorandum-business-exploration-tap-saudi-arabian-market

Business is back to normal for edgenta. It will slowly back to its pre-Covid results

It is on uptrend. Slow but definitely

Is gonna break its immediate support of 1.87 and than above 2 soon. Stay tune!