Posted by kkw812004 > 2017-04-09 09:28 | Report Abuse
Hi Spencer88, thank you for sharing this article.
I have a few questions. I hope you can share some insights on it
1) From the previous quarterly report, the revenue and profit from the construction division are contributed by Batu Pahat, JB and Kemaman projects. The management team did not specify in details how much of revenue and profits each project contributed? How did your figures come about?
2) From the excerpt of the contract that you provided above, the management team is expecting a gross profit RM 30 million from the Kemaman project? Can you share with us where did you find this piece of important information? I might have missed it somewhere.I couldn't find it anywhere as i was tracing all the bursa announcements from 7/9/2015 ( date of announcement of contract ) till present date
3) On 10/8/2015, Christopher Chan Hooi Guan ( founder and CEO ) of the company ceased to be the majority shareholder and sold off all his shareholdings. And on 14/8/2015, he announced his formal resignation.
On 17/8/2015, we saw the emergence of Mr Tan Tzu Pin and Dato Low Liong Kian as majority shareholders through Master knowledge Sdn Bhd. Both with construction background. On 7/9/2015, the announcement of Kemaman project was made. So, it is not hard to figure out that both these new shareholders with their construction background have secured the kemaman project for the company and going forward, construction division will be the main contributor to the company's revenue.
Ever since then,both the shareholders have been increasing their stakes from 21% to 29%. This is not a surprise ,taking into consideration the future earnings potential of the company.
But, on 28/3/2017, both the shareholders have completely disposed their stakes in Master Knowledge Sdn Bhd. Dato Low still has a small stake of 1 million shares through his spouse ' Ng Su Moi '.
Can you share some insight into this twist of events? I'm puzzled.
Awaiting your reply soon. Thank you :)
Posted by shunfeng2032 > 2017-04-09 09:33 | Report Abuse
cold eye will say thank you for promoting this stock for me and i bought it as its earning will increase 50% from previous year and prices has reached forecasted value thnks to punters chasing it. thank you again.
Posted by Orang_Terengganu > 2017-04-09 19:22 | Report Abuse
Very good sharing. TQ.
Posted by Henry Tan Chor Heng > 2017-04-10 11:16 | Report Abuse
is the current price suitable to enter?
Posted by Abu Halim > 2017-04-10 13:05 | Report Abuse
Caely is a great company with great fundamental. The stagnant of share price in the light of no substantial gain on profit. Current price of 0.50 sen is so undervalued.
Posted by Spencer88 > 2017-04-10 22:53 | Report Abuse
@kkw812004
1.)You may refer to the QR of SKH starting from Dec'15, under the section of commentary on quarterly performance.
2.)You may refer to this link
http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=172960&name=EA_DS_ATTACHMENTS
3.)I did not go through the changes in shareholding composition of directors, we will never know what directors are trying to do, and they might have a lot of proxy acting on behalf of them.
thank you
No result.
1
Koon Yew Yin's Blog
3
Stock Market Enthusiast
PBBANK: Technical Outlook Suggest Target of RM5 (Uptrend but Overbought) - KingKKK
4
Koon Yew Yin's Blog
5
6
Koon Yew Yin's Blog
7
8
#
Stock
Score
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
oldmanorangtua
48 posts
Posted by oldmanorangtua > 2017-04-09 07:01 | Report Abuse
thanks for sharing. Can u share to me how u get construction figures from johor baru n patu pahat . Thanks