No worries, coming. As early as tomorrow

Naive is believing on something that someone can't. Is an essence of hope. Without hope, people would not survived in this world

Maybe a hammer later. Support for Boustead is strong

With right transformation plan, it could go back to its glory days. Remember it was around RM3-RM5

looking into RM1 soon

Boustead 72

comingg guys

Better indicator of whether Ewint is doing better y-o-y is to look into its Q2' 21 sales

(1) UK's sales increased from £9 mn to £24 mn (RM52.2mn to RM139.2mn) - 2.67 times ;
(2) Aus' sales increased from A$1 mn to A$15 mn (RM3.2 mn to RM47.4 mn) - 15 times;
(3) Significant paring of debt from RM1.28 bn to RM0.844 bn; and
(4) RM120 mn or RM0.05/share as dividend payouts this quarter

Solely Q2' 21 the Company has secured a commendable sales of RM190 mn that will be recognised in the future. That's sizeable and up to May 21, the total sales exceeding RM1 bn. It shows pent up demand of properties in UK and Aus and its ability to replenish its sales

Results actually commendable. Profits for Ewint based on units handed over. As long as sales keep increasing, no of of handed units will keep increasing. If lesser this quarter, more units in coming quarters

“The Group has witnessed a recovery in local demand across the UK and Australia property markets in the second quarter of FY2021. Sales of EcoWorld London, our joint-venture that focuses on the outer zones of London, has seen a substantial increase in sales (from £9 million to £24 million) in the second
quarter of FY2021 compared to the same quarter in FY2020. In Australia, our West Village project has
also seen a marked increase in sales (from A$1 million to A$15 million) over the same period.
Apart from an increase in contracts exchanged (SPAs signed), the reservation pipeline has also been
growing, a sign of markedly improved sentiment. This enabled our total sales and reservations up to 31
May 2021 to exceed the RM1 billion mark,” said Dato’ Teow Leong Seng, President & CEO of
EcoWorld International.

Material sensitive information on the privatisation. Standard reply, like the other else. But the way they answered, seem like it is on-going but just haven't finalised

Previous LTAT's intention was to test the market. Now they know they can't privatise Boustead at low offer price. Anything above RM1.20 is more reasonable

The value is in the holding Company, Boustead Holdings owns 80 investments in listed and non-listed entities. If you break-up in parts and sell them, it could be worth more than RM3

AGM is 24/6/21. We could see some good news

Long way to go. But we can see the light at the end of the tunnel. New management is doing the right things to boost its market cap to commendable level, with sustainable core businesses

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

https://www.theedgemarkets.com/article/serba-dinamik-take-legal-action-against-external-auditor-kpmg-negligence

thanks Duncan

@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.