Posted by Desmond_of_KLSE > 2021-03-19 09:09 | Report Abuse

Insya Allah....Amen

Posted by evangrx1994 > 2021-03-20 06:29 | Report Abuse

what's going on in 5 days?kuring . looking to enter

Posted by wcc636588 > 2021-03-20 08:42 | Report Abuse

Finally out from hibernate mode , winter over and summer come. Right timing next week to enter .

Posted by Start_0f_the_bull > 2021-03-20 12:00 | Report Abuse

Heavy usage of mega malls and offices after MCO will need their escalators and excavators to be maintained or upgraded more frequently as before.

Posted by Humble Boy > 2021-03-22 17:47 | Report Abuse

this counter down buy up sell la

Posted by mni75 > 2021-04-05 11:29 | Report Abuse

MRT3 is coming.. there are lot of need from EITA lift and escalators.. just wait ...

Posted by HuatAh8809 > 2021-04-05 19:08 | Report Abuse

Yes... Beneficiary of MRT3 , all in

Posted by tingpangeng > 2021-04-10 14:27 | Report Abuse

Con stock....all out

Posted by Hafiq86 > 2021-04-13 12:06 | Report Abuse

me?? in.. just be patient..

Posted by newbie9893 > 2021-04-14 12:12 | Report Abuse

broke 1.00, all the way up..buy

Posted by newbie9893 > 2021-04-14 12:28 | Report Abuse

buy..............

Posted by newbie9893 > 2021-04-14 12:29 | Report Abuse

might limit up today

Posted by newbie9893 > 2021-04-14 14:49 | Report Abuse

limit up soon...buy......

Posted by newbie9893 > 2021-04-14 15:03 | Report Abuse

confirm limit up

Posted by newbie9893 > 2021-04-14 15:29 | Report Abuse

slowly but surely..buy.........

Posted by newbie9893 > 2021-04-14 15:50 | Report Abuse

limit up soon

Posted by newbie9893 > 2021-04-14 16:36 | Report Abuse

sapu now, you won't get 1.06 tomolo..trust me

Posted by newbie9893 > 2021-04-14 16:53 | Report Abuse

not bad up 13%, will continue up tomolo

Posted by SEE_Research > 2021-04-15 11:45 | Report Abuse

https://klse.i3investor.com/blogs/see_research/2021-04-15-story-h1563335445-_UPDATED_NOW_SHOWING_THE_TRILOGY_OF_FAST_FURIOUS_SHOWS_PART_7_EITA_5208.jsp

Posted by SEE_Research > 2021-04-15 11:52 | Report Abuse

https://klse.i3investor.com/blogs/see_research/2021-04-15-story-h1563335443-NOW_SHOWING_THE_TRILOGY_OF_FAST_FURIOUS_SHOWS_PART_9_ALCOM_GROUP_BERHAD.jsp

Posted by Brownies > 2021-04-15 17:26 | Report Abuse

1.12 in the morning, down to 1.01 in the evening. why lah

Posted by SEE_Research > 2021-04-17 04:15 | Report Abuse

To :
Brownies 1.12 in the morning, down to 1.01 in the evening. why lah

============================================
1. For your better understanding, there is no share prices can up in a straight line, that is why is called share market,
the prices move up, move down, it is called Elliot Wave, on technical studies done by
Elliott.

2. For Eita, is a new begining from RM 0.89,
Previous consolidation level RM 0.89,
to move uptrend to RM 1.80 target price,
mid term
with resistance levels along the way,
Immediate R1-RM 1.20

Posted by SEE_Research > 2021-04-17 04:24 | Report Abuse

https://www.investopedia.com/terms/e/elliottwavetheory.asp

==========================================
Elliott Wave Theory, main inventor,
For your reading and can offer you +
other investors better understanding in share market prices movements. This theory is applicable in the world different markets.

Posted by SEE_Research > 2021-04-17 19:42 | Report Abuse

KUALA LUMPUR (Feb 8): CGS-CIMB Research believes that EITA Resources Bhd deserves a better valuation as the elevator and escalator maker aims to enhance its overseas revenue.

The research house reiterated its "buy" call on the stock and raised its post-bonus issue target price to RM2.08
from RM2.06.

The target price of RM2.08
values the stock at 20 times CY22F P/E (from 10.5 times) which CGS-CIMB said is at about a 30% discount to the global elevator makers’ weighted average 12-month forward P/E of 31 times.

CGS-CIMB’s analyst Kamarul Anwar pointed out that EITA’s net cash rose from RM11.9 million at end-FY9/13 to RM41.2 million at end-FY9/20.

“We also raise our FY9/21-23F net profit forecasts by 4-10% as the company assures us that its operations are not disrupted by the partial lockdowns due to Covid-19,” he said in a note today.

“Earnings from its elevator construction segments should also accelerate as many of the projects in hand are in advanced stages,” he added.

Kamarul also shared that the elevator and escalator maker had disclosed its aspiration of raising its revenue from RM284.1 million in FY9/20 to RM1 billion per annum (p.a.) by FY25 during a conference call last month (Jan 29).

During the session, the group also noted that it is aiming for revenue to grow by over 252% in five years, bringing revenue compound annual growth rate (CAGR) to 28.6%.

Nevertheless, Kamarul said CGS-CIMB is not adopting EITA’s internal ambition as guidance for his forecasts.

“It (EITA) envisions that a sizeable part of the hypothetical RM1 billion per annum revenue would come from mergers and acquisitions (M&As). Without more details, the impact of acquisitions is not something we can forecast,” Kamarul said.

“Besides, EITA’s plans to aggressively grow its overseas operations would require the company to compete directly with established global elevator players. East Asia has become the Mecca for global elevator and escalator manufacturers since this developing region is looking towards high-rise buildings as an economical solution to house the rapidly increasing population. One risk from the stiff competition, we foresee, is it may stifle the group’s plan to build up its overseas revenue,” he added.

He noted that the potential re-rating catalysts include earnings-accretive M&As, new infrastructure-related contract wins and rousing growth in overseas sales. Meanwhile, a total economic lockdown is a downside risk for the stock, he added.

At the time of writing, EITA’s stock was down 3.48% or four sen to RM 1.11.
======================================+===

Remarks

1. CGS - CIMB Bank/ Research
Target Price RM 2.08

2. See _Research
Target Price RM 1.80

Posted by JohnFook > 2021-04-18 21:56 | Report Abuse

Many trapped at condo.....pump and dump ....careful guys

Posted by tingpangeng > 2021-04-20 12:52 | Report Abuse

Monitoring the bid /sell price , pattern of pump and dump hence buyer beware ya

Posted by cashsssss > 2021-04-20 13:56 | Report Abuse

byebye. lets big leg play themself

Posted by SEE_Research > 2021-04-21 20:49 | Report Abuse

This article first appeared in The Edge Malaysia Weekly, on April 12, 2021 - April 18, 2021.

Fu: Being a new player in the market, it is difficult for us to compete in terms of branding, even if we have better equipment (Photo by Suhaimi Yusuf/The Edge)
Fu: Being a new player in the market, it is difficult for us to compete in terms of branding, even if we have better equipment (Photo by Suhaimi Yusuf/The Edge)

-A+A
LOCAL elevator manufacturer EITA Resources Bhd is accelerating the use of technology and articial intelligence (AI) in its lifts to widen their market appeal amid the Covid-19 pandemic.

EITA’s solution involves just a few taps of one’s smartphone to send the lift up or down. It is working on new technologies such as this as an added convenience and to alleviate the sense of fear that some people may have about touching lift buttons.

As it is the only full-fledged local lift manufacturer, group managing director Fu Wing Hoong believes the company needs to differentiate itself from its foreign counterparts, which tend to be better known in the market.

Advertisement

“Being a new player in the market, it is difficult for us to compete in terms of branding, even if we have better equipment,” Fu tells The Edge.

As such, he believes the elevator manufacturer should compete in areas in which it can do its best, such as incorporating new technologies in its elevators, which may help elevate the EITA-Schneider brand name.

Having embraced AI and the Internet-of-Things (IoT), EITA is working on its remote monitoring of elevators in real time for better service response, which would allow technicians to be dispatched to fix or maintain lifts before they break down.

There are more than 30 of these “modernised” lifts already available at nine job sites, although he notes the technology is still at a preliminary stage.

Its research and development team has also come up with IoT lift sensors, which can monitor the performance of an elevator or escalator for predictive and preventive maintenance.

On top of this, add facial recognition, which Fu ties back to AI and security of the future. Based on facial recognition, elevators will have a destination dispatch system integrated.

“Of course, these are not new technologies, but we would like to be in the forefront in terms of application. Now, this is where we have to work hard and also re-strategise in some of the areas in the market that have better potential.”



The new tech lifts are expected to give EITA a competitive advantage in securing new maintenance jobs in the market and to provide recurring income.

Since its inception in 1996 until January this year, the company has handed over 3,567 lifts and is maintaining 2,939 units.

Fu says modernising the lifts will increase the profit margin from the maintenance segment, which boasted a gross profit margin of 35.1% as at Dec 31, 2020.

Embracing Covid-19 as part of operational norm
Tech innovations brought about by the pandemic aside, Covid-19 did have a negative impact on EITA as well, as its business hinges in part on the hard-hit construction industry.

Fu says all businesses and project delivery, except for the lift maintenance segment, were halted during the first phase of the Movement Control Order (MCO) in mid-March last year.

But the lift maintenance business contributed only about 10% of earnings during the period.

Given the circumstances, EITA performed reasonably in FY2020, registering a 17% year-on-year drop in net profit to RM17.29 million, from RM20.83 million, while revenue slipped 6.9% y-o-y to RM284.22 million, from RM305.39 million.

Even though Fu acknowledges it could be another two years before the construction industry picks up, he is optimistic about EITA’s prospects.

There may be fewer new buildings, but there will still be jobs.

By being more effective, Fu expects not only to get a fair share of the jobs, but to exceed it.

“We’d rather look at it positively, as we also don’t believe this Covid-19 situation will end tomorrow. This is the new norm. We accept that Covid-19 is part and parcel of the operational norm … as part of the operational cost.”

Barring unforeseen circumstances, Fu expects growth in earnings performance in the financial year ending Sept 30, 2021 (FY2021), driven by the elevator business and power substation jobs.

For the first quarter of FY2021, EITA’s net profit was flat at RM6.03 million, while revenue slipped 5.5% y-o-y to RM66.15 million, from RM70.02 million.

Fu says the company’s order book stood at RM393.47 million as at Dec 31, 2020, from RM492.3 million a year earlier.

Giving an update on the project delivery of the Light Rail Transit 3, he says EITA aims to speed up delivery and complete the job by 2022. The company expects a more “significant contribution” from the LRT3 project this year.

As for the Mass Rapid Transit 2 project, EITA has yet to do the testing, commissioning and handover and inspection, as most of the billings have been

Posted by SEE_Research > 2021-04-21 20:52 | Report Abuse

https://www.theedgemarkets.com/article/eita-resources-leverages-tech-lift-profile

Posted by roger3210 > 2021-04-22 11:21 | Report Abuse

be careful with EITA, someone always release good new to distribute ticket, it happened b4 when CIMB said EITA revenue to up few fold n the share price sink like mad.

Posted by BlackWhite > 2021-04-29 13:16 | Report Abuse

Worth buy below 1

Posted by mni75 > 2021-04-29 20:38 | Report Abuse

Yes good buy between RM0.89- rm1

Posted by BlackWhite > 2021-04-30 10:15 | Report Abuse

Waiting. Waiting

Posted by BlackWhite > 2021-04-30 10:18 | Report Abuse

Mere not move so soon , no money , eita rely on lift maintenance, parts, replacing old lift, n sell Schneider elect equipment. A working company not speculative penny stocks

Posted by BlackWhite > 2021-04-30 10:18 | Report Abuse

MRT no move

Posted by BlackWhite > 2021-05-03 09:44 | Report Abuse

With mco roaming drop is the trend

Posted by tingpangeng > 2021-05-03 15:12 | Report Abuse

这粒股真的那么脆落吗？mco3都还没宣布就不堪一击就跌了5-6%。 看走眼了！！

Posted by BlackWhite > 2021-05-07 09:23 | Report Abuse

Wait for below 9

Posted by SEE_Research > 2021-05-14 12:51 | Report Abuse

MBAM CITA Award 2020
POSTED ON APRIL 9, 2021
· POSTED IN GENERAL


MBAMCITA


On 9 April 2021, EITA Resources Bhd received the CITA 2020 award under the category “Special Mention for Mechanical & Electrical Contractor for Innovation in Vertical Transportation System” from
Master Builders Association Malaysia (MBAM).


EITA - MBAM CITA Award 2020 - 9 Apr 2021-1EITA - MBAM CITA Award 2020 - 9 Apr 2021-2

Posted by SEE_Research > 2021-05-15 09:38 | Report Abuse

https://klse.i3investor.com/blogs/see_research/2021-05-15-story-h1565065959-NOW_SHOWING_THE_TRILOGY_OF_FAST_FURIOUS_SHOWS_PART_12_Eita_5208.jsp

Posted by SEE_Research > 2021-05-15 09:50 | Report Abuse

TO :
BlackWhite

Mere not move so soon , no money , eita rely on lift maintenance, parts, replacing old lift, n sell Schneider elect equipment. A working company not speculative penny stocks
=========================================================================
TO : mni75


TO : newbie9893

TO : Stitcher

TO : Good_Investor

===========================================================================

This stock , is definitely not the speculative penny stock , fully agreed .

SEE_ Research
(i) Eita / 5208 /
Target Price : RM 1.80 / mid term

(ii) Eita WA
Target Price : RM 1.10 /mid term

CIMB Research with the target price RM 2.08 mid term .
It is good to collect when it is on ground floor, RM 0.93
closed 12.30 pm , 12 May 2021 ,
as practically most of you do not believe;
just like the escalator at the bottom , sooner or later ,it will move to the top.
( before the release of the coming financial quarter report )
Just remember to record down this report before the big move on the prices ,
that will be surging even before we notice.

The remarks by the real KLSE investors will be in this manner :
"Many are shown in the positive direction but nobody notices,
strangely,
it may seem so. "

Posted by SEE_Research > 2021-05-15 09:58 | Report Abuse

Advanced Motor--- a permanent-magnet gearless synchronous motor
===========================================================================
Please view the German partner --
Schneider --- with the advanced technological features in showcase to the users .
EITA High Speed Elevator is driven with a permanent-magnet gearless synchronous motor.
Its large torque outputs at low revolutions resulted in smooth and low noise operation of the elevator.
The high efficiency and power factor enable energy saving of up to 30% – 40% as compared to conventional warm geared machines.

Posted by SEE_Research > 2021-05-15 16:03 | Report Abuse

https://klse.i3investor.com/blogs/see_research/2021-05-15-story-h1565088124-NOW_SHOWING_THE_TRILOGY_OF_FAST_FURIOUS_SHOWS_PART_12_EITA_5208_UPDATED.jsp

Posted by henry888 > 2021-05-16 06:02 | Report Abuse

warrant is overpriced. exercise ratio 1 - 1, exercise price 0.700. mother price now is 0.930.

Posted by SEE_Research > 2021-05-18 16:41 | Report Abuse

TO : Ny036
if hold eita-warrant, do it entitle dividend as per mother?
15/05/2021 11:01 PM

Reply when an investor buys the warrant ,
the investor is NOT ENTITLED FOR THE DIVIDEND that is payable to mother share only.


==============================================================================

https://klse.i3investor.com/blogs/see_research/2021-05-15-story-h15650
==========================================================================
please view the link to understand the business of EITA /5208

The aluminium alloy is used in manufacturing heavy duty escalators
and its accessories , in providing safe ,reliable services in the harsh , heavy usage, transportation systems, built by

EITA /5208

SEE_ Research
(i) Eita / 5208 /
Target Price : RM 1.80 / mid term

(ii) Eita WA
Target Price : RM 1.10 /mid term

CIMB Research with the target price RM 2.08 mid term .
It is good to collect when it is on ground floor, RM 0.93
closed 12.30 pm , 12 May 2021 , as practically most of you do not believe;
just like the escalator at the bottom ,
Can it moves to the top ?
Like a steady escalator sooner or later ,it will move progressively to the top.
( before the release of the coming financial quarter report )
Just remember to record down this report before the big move on the prices ,
that will be surging even before we notice.

The remarks by the real KLSE investors will be in this manner :
"Many are shown in the positive direction but nobody notices,
strangely,
it may seem so. "

Please clip on the below link to understand better how the escalator moves up --NORTH

https://www.shutterstock.com/video/clip-9925883-bottom-ascending-escalator-stairs-rise

the technological support is from Germany business partner --
Schneider Steuerungstechnik GmbH, Germany

Posted by kuring2 > 2021-06-17 16:34 | Report Abuse

Hi.. any projection for this stocks?

Posted by Unnature > 2021-06-30 11:23 | Report Abuse

Averaged down 0.89 . Waiting for QR report

Posted by kuring2 > 2021-06-30 20:36 | Report Abuse

Noticed, everyday got seller 1 bid.. looks like he want pressing down the price.. n collect using right pocket.. keep selling 1 lot,2 lot, 4 lot n 5 lot.. huhuhuhu.. in anyway, nothing much we can do as a small bilis.. lol..

Posted by Maxsuper > 2021-07-01 09:44 | Report Abuse

...... gone case.... used to be good bcoz of low shares in circulation.... when warrants converted it won't be so any more... big guns ran off long ago...

Posted by kuring2 > 2021-07-01 14:59 | Report Abuse

People busy focussing serba i guess.. hehehe..but nervermind.. i just hold here.. lets see next year maybe lol