seems like this company is cleaning up its act. Tey Por Yee no more and the new major shareholders is previously special officer to Hishamuddin. winning contracts shouldn't be a problem with the right connection, now let's see whether they can execute it
hahaha, firehawk, wanna giving negative comments, also with some good reason or proof lah, we all know last QR result, u know what, that is why i am here! if before earn big profits, what do u expected so much? many counter still in profits, but market estimate more and more, but come come less profits, so? red loh, easy mathematics mah, hahaha
i think i'm not giving -ve comment, i just put on some facts ... and doubt the coming QR, since some body expect it is red, that is OK .....
for those said it can goto 20sen, I also don hv any objection, i just said,
those believe can go to 20sen, actually should buy even @0.05, bcos if just go to 10sen, alrdy gain 100% !! which is very good return! 06/03/2017 14:19
I think my mathematics is not wrong! isn't it? :-) and I think those queue @0.05 would be happy too, bcos they can get their queue done! ;-)
firehawk.. When you can get 0.045 why you want to buy 0.05?? Your money no place to spend ah? Just wait for their qtr result until July 17.. Now is the best time to buy before price going north.... Earn money need patience...... Cheers
The company has already secured 2 big projects . One is the Putrajaya- cyberjaya project worth 1.45 bil. due date 2020.another one is the recent one, N9 project. 338 mil. Due date mid 2019. There are 2 more housing projects yet to finalize. From a simple calculation, only base on the 2 big projects (provided good execution).. The EPS(10% profit) per qtr should be 0.4 cent. Let' s make an assumptions that no more projects coming in until 2019.The average EPS per year should be 1.6 cent. If we look at PE 10..the price should be at lease 0.16 ...logically the price shouldnt be so low at the moment.....
The company has already secured 2 big projects . One is the Putrajaya- cyberjaya project worth 1.45 bil. due date 2020.another one is the recent one, N9 project. 338 mil. Due date mid 2019. There are 2 more housing projects yet to finalize. From a simple calculation, only base on the 2 big projects (provided good execution).. The EPS(10% profit) per qtr should be 0.4 cent. Let' s make an assumptions that no more projects coming in until 2019.The average EPS per year should be 1.6 cent. If we look at PE 10..the price should be at lease 0.16 ...logically the price shouldnt be so low at this moment.....
Five reasons why Nexgram is arguably the best stock:
- Recent success in getting big contracts, the RM 338 m Negeri Sembilan contract and the even bigger RM 1.45 b Cyberjaya project. The learning curve of the NS project will be applied immediately and wisely to the longer term Cyberjaya project. Both of these projects will lead to future projects and profits.
- Diversification and refocus of business will lead to turnaround and better future revenue and profit. Moving focus away from IT and turning into construction is starting to show positive results. In the last quarter report revenue has increased and past losses have decreased substantially.
- Nexgram has significant Bumiputera participation, e.g. the deputy chairman Tuan Haji Norzain bin Abdul Wahab is a successful corporate figure and also a former special adviser to our defence minister, Y.B. Dato' Seri Hishammuddin Tun Hussein. With his experience and good contacts the company will be successful in future bids for lucrative government contracts.
- With the general election around the corner many government contracts will be awarded to good, deserving, loyal, well-connected and BN-friendly companies, be it in IT, construction, services and infrastructure development. Nexgram will be one of the promising small cap companies to benefit from election related projects and the planned government boost for small cap companies, especially Bumiptera-led, as announced in the recent Budget 2017 by our Prime Minister. Thus, it goes without saying that Nexgram is both an election and blue-eyed government stock.
- For peace of mind, the recent foray of Nexgram into syariah-compliant construction and halal products will certainly guarantee it easy and visa-free entry into Heaven.
Value investors love the present momentum of Nexgram stocks. They see the present wall of big buy queue at 4 sen as a sign of the rocketing up of the mother share very soon. Then it will be the warrants turn to fly to higher orbits and beyond the solar system, simply spectacular performance and out of this world experience. By then, latecomers won't have the chance to buy Nexgram warrants at 5 sen and below. So sad.
however, provided that the project agreement is remain intact, the prospect of the company would be unlikely to turn worse than before.... I am still confidence that 0.045 is a good buy as a fundamental investor...
The company raid by SC and Bursa, under investigation still consider good. How to say it. Big projects just announce only, no action and development, died already. Cyberjaya project, no further action. Project fund raised in year 2012 RM40mil. Nothing to start the development, basic earthwork still not do yet. Putrajaya more worse, the JV land already cancelled. No announcement to public. Now don't know which land to develop. You can check with land office and land owner, the land still available in market.
26 Sep 2016 NEXGRAM HOLDINGS BERHAD NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING NEXGRAM HOLDINGS BERHAD ("NEXGRAM" OR "COMPANY") PROPOSED PLACEMENT OF UP TO TEN PERCENT (10%) OF THE EXISTING ISSUED AND PAID-UP SHARE CAPITAL OF NEXGRAM
10% private placement exercise also failed. No trust in the market.
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....
steveooikp
4,689 posts
Posted by steveooikp > 2017-03-06 11:46 | Report Abuse
ppl bought at 4.5 and you sell at 4.5
wa liao....