Posted by red_85 > 2016-11-15 20:52 | Report Abuse

Lol, Mr er saw today big drop then deleted his comment yesterday. He still asked to buy More at 0.91 yesterday..

Posted by Jack888 > 2016-11-16 05:18 | Report Abuse

Its time to accumulate...

Posted by iloveshare128 > 2016-11-16 09:44 | Report Abuse

haha... Mr er is a funny guy...

Posted by red_85 > 2016-11-16 11:27 | Report Abuse

lol..today melati up abit, he came back...later drop back he will just delete comment again..haha

Posted by iloveshare128 > 2016-11-16 14:46 | Report Abuse

haha... red_85, you are funny too... anyway, please watch out for more contract award after this one...
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5190477

Posted by red_85 > 2016-11-16 20:26 | Report Abuse

Sell anything above 1 to avoid trap..I guess Mr er already sold all after breKeven his price..

Posted by Jack888 > 2016-11-17 05:43 | Report Abuse

Still have rooms to grow! ....wait till RM1.20 and above.

Posted by Jack888 > 2016-11-17 09:21 | Report Abuse

億成控股 MELATI 5129 是否被低估? NTA = 1.76 EPS = 25.14 PE = 4.25

Posted by red_85 > 2016-11-17 11:35 | Report Abuse

anything above 1.00 must sell to avoid trap..
buy below 0.8 is safe

Posted by Jack888 > 2016-11-19 06:00 | Report Abuse

走势仍看漲...等待機會爆发!!

Posted by red_85 > 2016-11-20 14:57 | Report Abuse

现在起了这么多才做股东是等套牢罢了。！！！

Posted by red_85 > 2016-11-21 15:53 | Report Abuse

Sell asap..below 0.9 again I think

Posted by Jack888 > 2016-11-21 17:51 | Report Abuse

有机会发红股1送1红股或特别息...(NTA:1.76)

Posted by Jack888 > 2016-11-22 12:24 | Report Abuse

機會來了，買更多... Buy more when chances come..

Posted by Jack888 > 2016-11-23 05:29 | Report Abuse

美国股市：道琼工业指数收高0.35%，纳斯达克指数收升0.33%

Posted by Jack888 > 2016-11-26 13:01 | Report Abuse

我认为0.90是主要支撑位，当跌至0.90美分以下时应该累积更多。

Posted by Chengkai Kck > 2016-11-30 18:04 | Report Abuse

Melati 是卖掉子公司获得一次性收入导致上季盈利暴涨吗??
0.88价格回调很多了，可以考虑买入吗?

Posted by YLR33 > 2016-11-30 18:50 | Report Abuse

when melati 1.13 er ask is it undervalue? lol
er used to keep promute tekseng, after drop below 90sen then he disappear

Posted by YLR33 > 2016-11-30 19:49 | Report Abuse

9m2016 operating profit before tax is 0.139m construction 0.093M property development 0.192m trading total 0.424M divede by 119.5m shares , get eps 0.354sen ( assume 4q profit offset the tax 25% effect -i simplyfy it) pe250 is it good value?

Posted by YLR33 > 2016-11-30 19:52 | Report Abuse

replenish order book also not much, just seen 99m in the news, correct me if i m wrong
no revenue, no profit, how much can share buy back, also each old rice

Posted by Hunter2016 > 2016-12-02 14:46 | Report Abuse

25% drop from peak

Posted by red_85 > 2016-12-03 01:47 | Report Abuse

mr er...you still here? any new stock recommended?
are you still holding tekseng? time to avg down?

Posted by Dolly_Chai > 2016-12-05 09:06 | Report Abuse

wow... 652millions worth of contract.. not bad.. no wonder the price went up...

Posted by Hunter2016 > 2016-12-05 15:09 | Report Abuse

look like want to drop back to 0.70

Posted by Jolin Lai Chi Pet > 2016-12-07 14:14 | Report Abuse

no way!!!! it will drop. second limit up wave in the making............this time is stronger

Posted by veln82k6 > 2016-12-12 15:39 | Report Abuse

Exclude gain of disposal of 30.5 million, this company is making loss for FY 2016 if you read carefully. Already over value. Be careful all.

Posted by freedomheal > 2016-12-17 02:00 | Report Abuse

follow erkongseng 丰衣足食,kikiki

Posted by red_85 > 2016-12-17 02:47 | Report Abuse

Follow him to stuck ur money ...this is short term counter, fast in and out..low liquidity..no txns..waste brokerages fees only

Posted by Albukhary > 2016-12-17 12:26 | Report Abuse

erkongseng, why you trust this Melati Ehsan so much?

If you are free, please spend a little bit of your time, go to find out what happen on its project at Taman Ehsan Jaya, Pandamaran.

After you know the issue and problem face by this developer, you might change your mind on this counter again.

Posted by Albukhary > 2016-12-17 12:36 | Report Abuse

Beside that, the RM652 million is also a trap for those who not familiar with accounting standard.

This is a PFI project, that mean Melati have to incurred it own cost to build the building, then only lease back to government for the next 30 years. After 30 year, the building below to government.

That mean, during this 3 years of construction period, they wont be any net profit earned from this project. And the cash flow will be very weak, as it will only have money outflow, but no money inflow.

To finance this type of big project, Melati have to borrow loan and it will incurred loan interest.
If I assume Melati borrow RM400mil loan @ 5%, then average interest per year is RM20mil.
This RM20million incurred dutring the construction period (3 years) is not able to capitalised, it will directly charge to Profit & Loss.

Therefore, since the price still ok, you better quit yourself first, wait until 3 years later, the project completed, then only you come and enjoy the fruit. I'm sure you can buy at cheaper price than now.

Posted by Albukhary > 2016-12-17 12:39 | Report Abuse

I lost not less than RM500k in the past 11 years in stock market, I have being cheated by so many listed company, I learned a lot of trick they play, how they con retail investor, so I think my comment to you carry some weight, please do consider, no harm ya.

Posted by freedomheal > 2016-12-22 21:20 | Report Abuse

Den you will 丰衣足食

Posted by averose > 2017-01-03 16:41 | Report Abuse

yeah..dividend is coming

Posted by red_85 > 2017-01-06 03:44 | Report Abuse

Low liquidity stock..this stock is not safe...If 1-2 person sell, stock price will crash..

Posted by Dolly_Chai > 2017-01-06 11:32 | Report Abuse

melati moved up a lot recently... bro erkongseng (aka one of the 30 largest shareholders, haha), did you push the price up? haha

Posted by Dolly_Chai > 2017-01-06 11:32 | Report Abuse

how much you want to push up to? let me know ya so that i can collect... haha...

Posted by Hunter2016 > 2017-01-06 13:57 | Report Abuse

erkongseng 还有抓住tekseng, masteel, 和chuan?

Posted by Hunter2016 > 2017-01-06 16:07 | Report Abuse

oh..哈哈..静静的卖..lol
warning to all newbies in I3,
most of the SIFU here will shout loud loud ask you to buy after the SIFU finish accumulating.
No SIFU will let you know when they have sold all there share on hand especially when the
promoted stock perform badly.
BEWARE !!!

Posted by ljmeng > 2017-01-06 16:09 | Report Abuse

Exactly.....

Posted by YLR33 > 2017-01-17 06:14 | Report Abuse

ya, becareful of PFI project, like Digistar PERSADA project, it maka lost on the first 3 years during the construction 2012-2015, this years start collecting 36m from jkr, but 19m go serve bond interest and say keep 18m as reserve for bond redemption 270m 15 years latter, good profit, judge yrself

osted by Albukhary > Dec 17, 2016 12:36 PM | Report Abuse

Beside that, the RM652 million is also a trap for those who not familiar with accounting standard.

This is a PFI project, that mean Melati have to incurred it own cost to build the building, then only lease back to government for the next 30 years. After 30 year, the building below to government.

That mean, during this 3 years of construction period, they wont be any net profit earned from this project. And the cash flow will be very weak, as it will only have money outflow, but no money inflo

Posted by bestbuy > 2017-01-20 11:50 | Report Abuse

Hahaha, 余兄still confidence?

Posted by red_85 > 2017-01-20 11:53 | Report Abuse

super bad record..qoq drop from 13million to 500k? lol...this report will at least cause this share drop 30-50%...beware. very bad report...this stock low volume also...so you can easily saw you drop sharply soon.! i guess erkongseng already start selling his share, he will be asking you guys to pick up his share..lets see

Posted by freedomheal > 2017-01-20 18:01 | Report Abuse

pray for you guys~

Posted by Hunter2016 > 2017-01-23 17:11 | Report Abuse

OMG.. 0.85 support broken..

Posted by red_85 > 2017-01-24 03:33 | Report Abuse

watching the downtrend show...and see how this mr er explain to followers...i guess he already cut his lost...

Posted by YLR33 > 2017-01-24 05:43 | Report Abuse

i think ks will disappear aslike he did in tekseng

Posted by Dolly_Chai > 2017-01-24 11:14 | Report Abuse

bro er may have his points... read this from the latest quarterly report which justifies why the revenue and profit was lower...

Construction
The group recorded revenue of RM14.189 million and profit before tax of RM0.408 million as compared to the preceding year corresponding period of RM17.224 million and RM1.459 million respectively. The lower revenue of this operation was due mainly to the new road work in East Coast Economic Region (“ECER”) project at an initial stage. The revenue recorded in the current quarter was mainly attributed from the “Program Perumahan Rakyat” (“PPR”) Project.

And prospect looks promising for the next few quarters...

Commentary on prospects
The on-going construction works such as ECER and PPR, will continue to contribute positively to the Group’s revenue and profitability despite moderation economic outlook due to low crude oil prices and weaker Ringgit.
The Federal Budget 2017 presented on 21 October 2016 has introduced various measures and focused on the strengthening of our economic and financial fundamental to better global uncertainties. The proactive spending and pump priming of the economy are capable of driving domestic demand thereby supporting economic growth. The Government quoted 2017 as “Delivery Year”. Therefore, it is foreseeable that business and construction activities to be increased and benefited the Group in line with this direction.
Based upon this, the outlook of the local construction sector is good and will benefit the industry players. Ongoing projects and those scheduled to commence in the near term such as road works and affordable housing schemes will ensure the sector continues to grow in the next few years.
The Board of Directors is optimistic about the Group’s ability to continue to achieve satisfactory performance for the financial year ending 31 August 2017.

Posted by Dolly_Chai > 2017-01-24 11:17 | Report Abuse

after all, Melati is a rare construction company who has almost no debt (just a marginal 1.8M total non-current + current borrowings), as compared to other construction companies who have tonnes of debts...

Posted by Dolly_Chai > 2017-01-24 11:17 | Report Abuse

high NTA which means attractive P/BV too...

Posted by Dolly_Chai > 2017-01-24 12:25 | Report Abuse

希望不是等待春袋 :P