Posted by SIBUK > 2018-05-11 22:05 | Report Abuse

SKIN will be revised?

Posted by apolloang > 2018-05-11 22:06 | Report Abuse

big govt contracts will be review,better switch to other stocks

Posted by Pavillion > 2018-05-12 09:50 | Report Abuse

Posted by Pavillion > Apr 6, 2018 02:51 PM | Report Abuse X 
Hope Tony Pua not going to renegotiate or cancel this project. 

Will Harapan going to spend RM3B just to improvise border control systems? Current systems is sufficient...what need to be done is to place MACC staff at all Immigration offices, check point, airports and ports and border along Malaysia Thailand....cheaper and more effective. 

Harapan targets is to reduces Malaysia expenditure...at least by 10%

Posted by SIBUK > 2018-05-12 15:40 | Report Abuse

If cancel SKIN they will need to compensate a lot so they are not going to cancel

Posted by SIBUK > 2018-05-12 15:46 | Report Abuse

Ady signed the document

Posted by Pavillion > 2018-05-12 15:52 | Report Abuse

Ecrl, Hsr, Gst all contract given also.

Posted by apolloang > 2018-05-14 11:35 | Report Abuse

SKIN becomes BONES.....hahahaha

Posted by chuansze > 2018-05-14 12:16 | Report Abuse

Panic selling. Will be stable and moving after new government stabilised as well.

Posted by Pavillion > 2018-05-14 12:21 | Report Abuse

Better run fast from Zahid.

Posted by mahorse > 2018-05-14 16:27 | Report Abuse

Practise rule of law, cannot be overly pessimistic.

Posted by zerocool7199 > 2018-05-14 17:09 | Report Abuse

Skin already signed..if new gov have to cancel you also have to pay a sum for prestariang

Posted by PurplePain > 2018-05-15 09:20 | Report Abuse

OMG Pain

Posted by kenlee123 > 2018-05-15 10:29 | Report Abuse

cut lost? hold on?.. average down?.. dont know what to do now...

Posted by madcow > 2018-05-15 10:49 | Report Abuse

same here .....

Posted by mahorse > 2018-05-15 11:48 | Report Abuse

AGM tomorrow and 1st quarter results out by this month. Pessimism may be overdone. Share price on way up or down quite often overshoot.

Posted by Maxigain > 2018-05-15 19:31 | Report Abuse

Nice result..eps1.35

Posted by onecall > 2018-05-15 19:35 | Report Abuse

not bad... still got nice result after such a beatdown

Posted by zerocool7199 > 2018-05-15 19:45 | Report Abuse

Is time to rebound after all the weak hands holder and panic sentiment is over..

Posted by mahorse > 2018-05-15 19:46 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5790497

Interim Div

Posted by mahorse > 2018-05-15 19:46 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5790469

Good results

Posted by mahorse > 2018-05-15 19:47 | Report Abuse

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=200202&name=EA_FR_ATTACHMENTS

Press release

Posted by mahorse > 2018-05-15 19:48 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5790449

Brahmal Vasudevan bought 1.2 million today, 15/5/2018.

Posted by mahorse > 2018-05-15 19:49 | Report Abuse

BUT WHAT THE HECK !!!

KWAP BUY HIGH SELL LOW !!!

Posted by mahorse > 2018-05-15 19:53 | Report Abuse

KWAP' TRADES THAT DEFY LOGIC!!!

14/5/18 SOLD 195.3K DAY HIGH 1.39 DAY LOW 1.16

8/5/18 BOUGHT 259.2K DAY HIGH 1.65 DAY LOW 1.60
7/5/18 BOUGHT 1075K ( 1.075 MILLION SHARES ) DAY HIGH 1.71 DAY LOW 1.57
4/5/18 BOUGHT 1941.1K ( 1.9411 MILLION SHARES ) DAY HIGH 1.70 DAY LOW 1.55
3/5/18 BOUGHT 440.4K DAY HIGH 1.57 DAY LOW 1.50
2/5/18 BOUGHT 42.5K DAY HIGH 1.50 DAY LOW 1.41

Posted by kelvin1 > 2018-05-15 19:58 | Report Abuse

What will happen tomorrow? Result good mainly due to SKIN which will be review by the new gov. Brahmal is buying at dip price, should we follow?

Posted by kelvin1 > 2018-05-15 19:58 | Report Abuse

Think Think

Posted by nich0las > 2018-05-15 20:03 | Report Abuse

What happend tis stock? 1.65 drop to 1.11. Umno related company huh? if limited like myeg. holland lo?

Posted by Flintstones > 2018-05-15 20:52 | Report Abuse

Interesting. Brahmal has balls of steel. Super investor indeed.

Posted by kelvin1 > 2018-05-15 21:04 | Report Abuse

Today big volume but price only drop RM0.05. People are buying! High risk, high gain. BUY!

Posted by Flintstones > 2018-05-15 22:56 | Report Abuse

https://dapmalaysia.org/en/statements/2016/07/19/23547/

Posted by 100000222164326 > 2018-05-16 09:12 | Report Abuse

Brahmal .... keep buy .. good signal . .

Posted by JimYeoh > 2018-05-16 09:19 | Report Abuse

Finally back..

Posted by JimYeoh > 2018-05-16 09:21 | Report Abuse

Good start of the day

Posted by Pavillion > 2018-05-16 09:24 | Report Abuse

Rare opportunity to exit.

Posted by kenlee123 > 2018-05-16 09:26 | Report Abuse

WOW! What a start.. up 8%

Posted by zerocool7199 > 2018-05-16 10:54 | Report Abuse

Still too cheap to go..

Posted by jwblacklabel > 2018-05-16 10:56 | Report Abuse

We have to realise that IT projects are just like construction ones. It's normal that there are progress payments for each milestone.

Posted by Flintstones > 2018-05-16 11:19 | Report Abuse

Brahmal effect in play!

Posted by timbermad > 2018-05-16 12:32 | Report Abuse

Oversold! Brahmal enter.. something going on?

Posted by apolloang > 2018-05-16 12:33 | Report Abuse

I tot wong and bramal already pack their bags and cabut?

Posted by fong7 > 2018-05-16 16:32 | Report Abuse

strong rebound!
what's the good news?
on SKIN, public bank report neutral, cimb report positive.

Posted by kelvin1 > 2018-05-16 18:47 | Report Abuse

Hi fong7, can share the cimb report? thanks

Posted by fong7 > 2018-05-17 05:46 | Report Abuse

kelvin1, how to share? it's a pdf file

Posted by fong7 > 2018-05-17 05:50 | Report Abuse

CIMB Report:
At Prestariang’s 1Q18 results briefing on 16 May, CEO, Dr. Abu Hasan Ismail said the
Sistem Kawalan Imigresen Nasional (SKIN) project, which is a public private partnership
(PPP), is a must have national security project in view of many weaknesses in the
“MyIMMs” existing IT infrastructure network. Prestariang has already gone through all the
due processes required with the previous Barisan Nasional government over the past 4
years and has been transparent in its business process, the CEO said.

The Immigration Department has seconded 60 of its own full-time staff to the SKIN office
in Cyberjaya for 6 months, an indication of its commitment to the SKIN project. The
company believes the new Pakatan Harapan government is unlikely to renegotiate new
financial terms for SKIN. Prestariang practices an open book policy, which means the
government would know what and how much is its ongoing capex for SKIN. On potential
forex exposure, it said only 10% of the project costs are exposed to the Euro.

Educloud is already 50% complete, working with global partners like Amazon and
Microsoft. Educloud would integrate education, training and employment services into
one single platform and is working with National Higher Education Fund (PTPTN), to
develop a job matching platform that matches student borrowers with jobs that match
their profiles and provide them with pre-work training. UniMY will lead the holistic value
chain for education, training and employment services for the company.

SKIN’s prospects transcend Malaysia. Together with its foreign partner, INCS (a unit of
INCA that acquired Thales’s identity management business), Prestariang and its foreign
partners are looking to launch similar projects in the region, Africa and the Middle East, in
the near future.

UniMY had 513 students in Apr 2018 and they are moving to a new campus in Cyberjaya
in Aug, which has a capacity to hold 3,000 students. The first batch of students has
already graduated and 97% of them have secured new jobs in the industry. However,
UniMy is still bleeding, losing RM1.4m in 1QFY18. The company has indicated it is
looking to work with external parties to cap the losses at UniMY.

We maintain our EPS forecasts and Add recommendation. TP falls from RM2.15 to
RM2.05 as we update our net cash as at end-Mar; valuation basis remains unchanged at
a 20% discount to our SOP/share of RM2.56 to reflect potential delays in the construction
of SKIN given the possibility of new negotiations with the PH government. Re-rating
catalysts are no delays in the construction of SKIN infrastructure while downside risks are
further delays in construction due to potential negotiations with the new government.

Posted by corboylee > 2018-05-17 11:58 | Report Abuse

haha whats the concern abt this stock.. why all exit?

Posted by kelvin1 > 2018-05-17 14:06 | Report Abuse

Thanks fong7. The company is confident. Brahmal is confident. Do we confident?

Posted by kelvin1 > 2018-05-17 18:28 | Report Abuse

Brahmal buying again.. So confident!

Posted by fong7 > 2018-05-18 09:17 | Report Abuse

Two risks:
1, valuation is high, priced in certain percentage of SKIN's income.
2, SKIN is still not being confirmed by new government.

One positive (my opinion):I like the management so far, I think they are capable and professional.

Conclusion: 50/50, which means risks still applies to holding this stock. fyi, i am still holding some shares, although i sold about 20% of my holdings before the election.

Posted by Pavillion > 2018-05-18 10:09 | Report Abuse

I think they haven't start anything yet, except for systems studies etc, bacause they still unable to raise funds.

New govt aims is to reduces gov't spending/expenditure by 10-20% (to cover revenue shortfall from Gst) so any co. dealing with govt contracts/projects are at risk.

Posted by kelvin1 > 2018-05-18 13:46 | Report Abuse

Hi ajibakery, scroll up this page. The information is there date 15 and 17 May. High risk high gain. If feel too risky, then can sell. Got buyer quieing now. If contract cancel, free fall lol. Consider consider