This counter also involved in Artificial Intelligence (AI) based on report and with Tech stock on possible uptrend, this is the counter to look into as risk is low relatively. The share price still at low end of the spectrum.

Recent announcement on Urusharta Jamaah Sdn Bhd disposed of 1.17 million shares resulted it stake reduce to 15 million Uzmas’ shares which is less then 5% is transacted in March 2020 and considered old news to the market. Furthermore with balance 15 million shares will be insignificant for market to absorb it

Today T3 volume due was approx 12.2 mil (04.05.2020) with price range of RM0.310 to RM0.325 which means all investors can profit from the sales of their investment on that day.
With T2 volume of 35.9 mil (05.04.2020) closed at RM0.340 and T1 volume of 14.7 mil (06.05.2020) closed at RM0.330.
With volume shrinking and price maintain at high side, it seem likely it has set the groundwork for high chances moving upward.
Furthermore today volume also relative small and hence investors might consider looking in IFCA for their portfolio

With Nasdaq composite rebound from approx low of 6900 points to Current level of 8979 points with recent rally on Tech Stock and other tech stock counters in KLSE increased substantially, strongly believe IFCA will have strong chance to go north couple with Huawei MOU in hand and at the same time other counter such as Omesti rally strongly from RM0.40 to RM0.635.

Based on announcement dated 27.02.2020, the group Profit Before Tax for cumulative Quarter 2 that is 31.12.2019 was RM24.467 mil compared to same corresponding period of RM16.516 shown an increased of approximately 48%. With the award of contract from Petronas on Announcement dated 02.03.2020and on the same dated accepting Sarawak Shell Bhd and Sabah Shell Petroleum Co Ltd as well as on 18.03.2020 from ExxonMobil. This has set a good based for the group in near term and is good for investors to look into this counter.

Based on track record on price the counter retreat from RM0.445 to RM0.455 to current price of only RM0.320 to RM0.325 is consider very safe and comfortable price to consider consider current market substantial number of counter going back to its pre crisis position

With high volume after T3 that is on 28.04.2020 (38.9967 million shares ) and 27.04.2020 (41.691 million shares ), IFCA following volume follow through volume is relative small that is 16.145 million shares due on T3 today for shares transacted on 29.04.2020, 30.04.2020 on volume of 12.696 million and 04.05.2020 (yesterday) for 12.239 million shares.
With this relatively small volume the chance for this counter to move north is extremely good

With KL Composite Index down by 31.19 and approximately 2.22%, Widad seem like well supported at RM0.370 at closed of market.

From the announcement dated 27.02.2020, proposed dividend of 1 sen for year ended 31.12.2019 and prior year dividend of 1 sen being approved on 21.05.2020 and entitled dated 13.06.2019 with notice of issued on 29.04.2020.
If based on past trend, the dividend was a guild then the notice will be issued in very near term on the AGM soon.
Furthermore with MOU signed with Huawei announced 22.10.2019, 24.10.2019 and 27.02.2020, anticipation of further development in near term as it has been 6 months and 2 months since last announcement on the MOU.

With the G7 classification licenses issued by Construction Industry Development Board Malaysia, which allow its to tender for government contract value in excess RM10 mil. With its subsidiaries involved in construction and Integrated Facilities Management (IFM).
With it experience in IFM, the group secured contract in provide IFM services to National Place located in Jalan Duta, Kuala Lumpur as well as JB Sentral in Johor. The Group is confident to secure more IFM contracts in future based on its annual report release

Based on recent announcement dated 27.04.2020, Tan Sri Muhammad Ikmal acquired 7,940,000 shares at RM0.50 represents 0.323% and increased Tan Sri holding to 57.389% (direct or indirect).
With the acquisition at rm0.50 per share by Tan Sri yesterday announcement, it has shown the confidence of the major shareholder on the company weather directly or indirectly company outlook from the recent announcement on purchase of company share at RM0.50 per share.

The counter well supported at RM0.355 with shrinking volume which is good for overall performance of the counter

This counter slowly moving up (break resistance of RM0.355 as at yesterday with reasonable volume.

With the strong come back from intraday drop yesterday (22.04.2020) it a good indicator for investors to study this counter

With the company acquired Serendah Heights Sdn Bhd and Innovatif Mewah Sdn Bhd which expect cash generation from the group in long term.
furthermore, the group revenue 90% generated from government related projects, the cash generation will likely to have minimum impact from current situation.
The article was by China Press interview with the Group Managing Director Dato Mohd Rizal on 31.03.2020 and contain positive outlook to the group

The volume for this counter had surpass 10 million for the last 3 trading days and show that the accumulation is likely on going

Volume for Widad has been build up steadily at approximately 15 mil shares (16.04.2020) and 11 million (15.04.2020) with the price break resistance of RM0.340 and touching RM0.350 as at yesterday.
This give investors a good chance to track the this counter for potential rally couple with dow Jones future show sign of up at above 700 points at this particular moment.

Further details on the fund proposed utilisation on the proposed placement dated 25.02.2020 as follows:-
Future expansion of business RM70 mil
Working capital requirements RM43.9 mil
Estimated expenses on this proposal RM3.9 mil
Total estimated proceed. RM117.8 mil
From the above, it seem reasonable mix on proposed proceed utilization which is to generate income if the whole exercise completed.

With the volume building up at reasonable peace, it seem like a good sign for this counter and good for investors to have a close look at this counter

Based on past history of other listed company on private, this is an interesting counter to look into

By the board at a later date.
“For illustration pilurpose, assuming the placement shares are issued at an indicative issue price of RM0.48 per Placement share ( “Indicative issue Price) based on approximately 9.72% discount to the 5D-VWAMP of Widad......gross proceeds to raise app RM117.82 mil”

Further study on the announcement on private placement on 10% of the issue paid up capital dated 25.02.2020.
Based on paragraph 2.1 on the announcement, the price of allotment shall be determined separately

With the private placement announced on 13.04.2020
And volume building up, it is likely once the resistance of rm0.320 break, it will move up at a good percentage

In January 2020, the company secured a contract for Kajang Expressway amounting to RM28 mil. From GLM Cheras square (Cheras) Sdn Bhd. And anticipate to complete by second quarter 2022.
With Dato Coming into picture as chairman and substantial shareholders a new era will emerged for the company especially with his know how and capability in business world which is a plus for Minetec particularly at this junction.
Last announce at noon time Dato keep on increase his holding in the company near to 21% to 23%

Based on record available, Dato Awg keep on buying to increase his stake to current level of approximately 20% to 21% which based on average estimate of approximately Rm0.125 to RM RM0.15.
Hence, with current price there is incentive for him to keep the shares.
Furthermore, to get oneself to appointed as Chairman with executive power require tremendous effort and strategy which will see likely long term position for the new shareholders.

Based on historical Data of Sealink before Dato Awg bought Sealink the price consolidate in earlier 2019 approximately RM0.11 to Rm0.130 (depend on which point price u draw the graph).
From that point the price go to RM0.38 to RM0.450 on the first phase of the rally and continue second phase.
This despite Dato Awg not being appointed to the Board of Sealink.
With Minetec, Dato Awg being appointed as Executive Chairman and his son being appointed as director of Minetec. Hence the trend of share price will likely to move in positive direction.

With corporate exercise already done, it has established a good footing for the company not only in term of profit but also its ability to negotiate with investment bank for its future interest charged at lower rate. Hence take advantage of future big projects

If based on reputable investor article as Petronas has discover 163 oil fields and 216 gas fields and marginal cost of pumping additional barrel of oil is relatively low and Petronas has incurred all sunk cost. Hence expect Petronas will continue to award more contract in maintenance contracts for the sector couple with lots of oil rigs are aging which need constant TLC

In the article of Low Valuation of oil and Gas stocks persists did mention that Dayang’s forward PE stood at 15 times. It has been point out that the stellar of 2019 performance was due to higher HUC activities that was beyond Petronas’ previous estimate.
On another notes, this companies may benefit from the slew of maintenance, construction and modifications jobs coming in - although at slight lower margins........

Low valuation of oil and gas stocks persists
https://www.klsescreener.com/v2/news/view/634290

Result announcement for Q4, 2019 expected to be announced on 21.02.2020 according to the article Dayang’s CPOC contract seen providing greater earnings visibility.
With anticipate good result, the group will achieved PE ratio that is low at the current level.

Based on the same article” Dayang’s CPOC contract seen providing greater earnings visibility mention that Dayang book order stand at RM4.8 billion and which exceed its previous high that is in 2014 of RM4 billion. “

Based on above article publish by PublicInvest Research on Feb 5 on Dayang’s CPOC contract seen providing greater earnings visibility, its stated that “we estimate the group to deliver RM60 mil to RM90 mil for Q4FY19 alone (4QFY18 : RM80 mil) following robust seen in Q3FY19 as more plant turnaround take place. Based on the above the whole year result will likely surpass FY2018 with flying color

Based on Quarter 3, 2019 announcement, the company achieved profit of RM150 mil (Q1 2019 to Q3 2019) compared to whole year result in 2018 of RM148 mil ( Q1, 2018 to Q4 2018) which mean it already surpass the whole year financial result.

Dayang’s CPOC contract seen providing greater earnings visibility | https://www.klsescreener.com/v2/news/view/632904

With the result announcement season to to kick in for Quarter 4, 2019 and turnaround of the Group result in Last Quarter 3, 2019 of RM 1.7 mil from losses of RM (48.7) mil in Quarter 3, 2018 or losses in Quarter 2, 2019 of RM(30.8) mil. This is a significant turnaround for the Group.
Furthermore, the Group book order stood at RM1.4 bil with recent awarded contract from Turnpike Synergy Sdn Bhd. Rm31.9 mil has sent a good foundation forward for the Group.

With order book exceeding RM1 billion and India power plant issue being fully impaired with revenue stream from the power plant generate revenue. The Group prospect is seem to be good couple with its experience in rail and construction ( ECRL and Bandar Malaysia roll out ), hence the group anticipate to have good news flowing in from now on

Construction Sector stay

The Company book order stood at RM1.4 billion will sustain its operation 2 years. With recent launching of Bandar Malaysia projects and revive of ECRL turn the company construction positive as the company have huge experience in the respective sectors.

The company has turnaround and making profit after tax of RM1.7 mil for Quarter 3, 2019 (on the back of Revenue of RM110 mil) compared to Loss of RM(48.7) mil for the Quarter 3, 2018 (with Revenue of RM148 mil). This show a good turnaround of 28 times compared to same quarter in preceding year.

The contract expected to contribute positively to the group. With the solid forecast presented it will be likely able to reverse the earlier impairment in its investment in RKM

As well as III for a period of 3 years

The Group IPP investment in India of which its hold 26% via Associate Company RKM had been adjusted to NIL despite achieving Commercial Operation Date (COD). With NIL value for the investment they will not be any impact to financial result from the IPP project.
The positive news was that the group had enter into Pilot Agreement with PTC India Ltd for supply of 550 MW power for its unit II

Based on past year trend, share market rally especially first few days after CNY. Hence to take position now is just like getting Ang Pow on the start of Rat year.

Impairment reversal is likely to happen if conditions fulfill

If possible reversal of impairment, the company will have huge amount which previously hitting P

The company business unit able to provide as proof projection of the power plant able to generate positive cash flow and projected profit previous impairment should be reversed accordingly under current accounting standards ( MFRSs )

Based on Chat the price of the share had been consolidated at this level since late November 2019.
Current chat show likely break up if resistance level able to be break at rm0.470 to test next level since the last announcement

The company MOU with Huawei Service (Hong Kong) Co Ltd to jointly explore Devops, cloud artificial intelligence (AI), big data and innovative technology knowledge sharing Projects signed in October 2019 likely good as current Huawei sales give samsung (21% market share) and HuaWei 18% market share) a good challenge despite being banned on doing business with most US Firms.
Hence high expectations on the JV to contribute to achieve Win Win for both companies

With Datuk Abdul Karim Expertise in the listing company the company likely benefit from him