@MarketNavigator
Never underestimate the small amount as the market speaks out LASTLY!!
Drop 1 cents - I nearly want to vomit blood liao....
Shiok shhiok ia jatuh byk and naik sikit... Banyak Wayang...

@IdrakUsama
Sama-sama... info okay tapi lain tak pandai 🤣🤣🤣

ETA World only start contribute on coming Aug 2024
🤣 long way

I am just small potato only
very minor share holdings 😂
Need more big fish to support here 🤣🤣🤣

@IdrakUsama
Lee & Yong Aluminium Sdn Bhd (“LYASB”) guarantee $4mil per year
ETA World guarantee $10 mil per year
Both also for period of 3 years...
edited and repost 😉

any existing stock counter has the similar growth performance as Econframe... on early stage usually
If anyone here came across some similarity do share here for references...
thanks

Since 2022 start of financial year, it keep improving of both revenue and net profit for each quarter non stop... net margin growth double digit in %

in this year and coming year will enrich the company revenue growth as well as net profit with guarantee of total of 14 mil per year... Definitely an A Growth Stock

The co should consider seriously on dividend distribution for this year since they still have decent of cash in company...
raise the eye among shareholders or new as well...

Just 18,500 units of shares issued.. Exercise of Warrants [Conversion of Warrants]
should be okay.. not to worry

Datin Law Bee Yean - 2,638,000 ordinary shares
(Deemed interested by virtue of his spouse, Datin Law Bee Yean's shareholding in Econframe Berhad pursuant to Section 8 of the Companies Act 2016)
His wife is the one who had the shares from her husband..? correct me if i m wrong.. thanks in advance..

DATO NG WEI YEE (a substantial shareholder) acquired 2,638,000 shares on 30-Jan-2024.
Good starting...

Buy some more shares after this, right? 😂

@BradonOoi
Ya.. that's why they bought the company with less risk after the guarantee granted for 3 years on basis of $10 mil per year... for ETA World...

@LuckyGuns
Lee & Yong Aluminium Sdn Bhd (“LYASB”) guarantee $4mil
ETA World guarantee $10 mil
Both also for period of 3 years...

Is it far better off if the company distribute some dividends for its value shareholders as acting as appreciation of confidence in its company's future undertakings and advancements...?
Growth stocks in acting by extra offering dividends in consistent manner over years will definitely enrich company long term profile in equity market...

Econframe’s 1Q net profit jumps 88.6% on higher revenue
By Choy Nyen Yiau / theedgemalaysia.com
29 Jan 2024, 08:52 pm

In a separate statement, Econframe’s group managing director Lim Chin Horng said the group had successfully secured several projects and enhanced its order book after the acquisition of Lee & Yong Aluminium.

“ETA World has an outstanding order book of RM165.5 million as of end-December 2023, giving it clear earnings visibility in the coming years. More importantly, the profit guarantee of ETA World would ultimately enhance and diversify our bottom line,” Lim said.

Can't stop myself for not sharing what I have gone thru on the news recently...
My Noob Bad 🤔

@BradonOoi
You r right of LYASB contribute positively in current QTR.. Well said... 👍

Current quarter ended 30 November 2023 (“1Q 2024”) compared with immediate preceding quarter ended 31 August 2023 (“4Q 2023”)

The Group recorded an increase in revenue of RM6.17 million or 29% to RM27.19 million in 1Q 2024 as compared to RM21.02 million in 4Q 2023, mainly attributed to higher revenue from the manufacturing segment, driven by the contribution from LYASB. The Group recorded an increase in profit before tax of RM0.84 million or 15% in 1Q 2023, mainly attributed to the higher revenue recorded.

The Group recorded a profit before tax of RM6.38 million in 1Q 2024, almost doubled as compared to RM3.16 million in 1Q 2023. The increase in profit before tax was mainly attributed to the higher revenue recorded and improvement in the overall gross profit margins contribution. Excluding the contribution from LYASB, the Group’s profit before tax would have increased by RM1.83 million or 58%.

The Group recorded a revenue of RM27.19 million in 1Q 2024, representing an increase of RM10.32 million or 61% compared to RM16.87 million in 1Q 2023. The manufacturing segment witnessed higher revenue by RM7.81 million or 52%, mainly attributed to the revenue contribution from its recently acquired 65%-owned subsidiary, Lee & Yong Aluminium Sdn Bhd (“LYASB”). Excluding the revenue contribution from LYASB, the Group’s revenue would have increased by RM4.02 million or 24%.

1st Qtr - 30 Nov 2023
Revenue $27.185 mil
Profit $4.402 mil
Improving result 😍

The Edgemalaysia.com 15 Jan 2024, 09:17 pm

The group intends to fund the acquisition via a combination of cash and issuance of shares, of which RM28.1 million is to be satisfied in cash and the remaining RM27.9 million via the issuance and allotment of 30 million new ordinary shares in Econframe.

According to Econframe, the acquisition comes with a profit guarantee that ETA World shall achieve an audited profit after tax (PAT) of not less than RM10 million each year for three years, and a cumulative audited PAT of not less than RM30 million.

In tandem with the acquisition, the group also announced the proposed diversification of Econframe into construction services and property development, which includes the design, build and sale of industrial properties.

It highlighted that the proposed acquisition and diversification is expected to complete in the first half of 2024.

By Business Times - October 24, 2023 @ 10:47am

LYA specialises in fabricating and installing aluminium glazing, glass products, and facade works that complement Econframe's existing business.

The acquisition comes with a net profit guarantee that LYA shall achieve not less than RM4.0 million annually for three years, from August 31, 2024, to August 31, 2026, and a minimum cumulative net profit of not less than RM12.0 million.
"Econframe is excited by the potential of LYA as we see strong synergies.

Engine started or still not yet? Let's have a close look soon..

DATO HOOI JIA HAO acquired 655,000 units on 18 Jan 2024 through open market
Total no of securities after change 38,413,800
Date of notice 22 Jan 2024

QR may be out anytime... Sui Sui lai lai

Thanks for the clarification..

Posted by MarketNavigator > 22 minutes ago | Report Abuse

Having the exercise of warrant conversion today. So, it just experiences a transient price correction today

Mostly counter in bloody after New Logo Launch for Bursa... Hope later will turn up Sui Sui..!

Wow.. Volume Buying and Selling Sudden there sudden clear..?
Buy and Sell done so fast but Price not move..???

Sadly no one want to comment there..
I knew you have sold it earlier.. Angpow Ong Ong to bank KAChing...
krab..

UlarSawa

Walao PA supporter also mari sini looking for Ular kah. Ya lor. PA promoters all very lazy one leh. When Superpromoter MikeTikus and Ular part time promoter kerja keras there the rest pun takda keluar promote. Like this saham sure cannot last long lah. Haiyoh. Correct?

Ular.. welcome back..
Luckily u r here.. No one le in PA..
so lonely there.. krab

Walau eh...
Miketikus and Ular all lepak only here??
Not Fair.. gonna complain of discrimination..
Haha!! krab

Hehee.. I bought too early before Ular and Mike join the site.. PA..
If buying with Ular and Mike - then now will be totally leading the WAY TO THE BANK...
My timing very poor..

Posted by Mikecyc > 14 minutes ago | Report Abuse

Haha you did not get PA CNY Angpow ke .. as Ular got leh as posted in HRC …

It's totally unfair since Mike only post here and not PA..??
Any comments on the said stock.. We need ur comments btw..
Thanks..
with Ular better still.. more POWER!

Mikecyc :

1. PA 0.265
2. Jkgland 0.11
3. Rgtech 0.36

Walau... without MikeTikus memang tak boleh UP..???
Gonna Call MikeTikus to report here once his suspend lifted..
Ular mesti ada Tikus.. baru ada ONG!

PS: jangan jangan telah Ditelan oleh Ular.. Haha!! Karb...

SC SUES FIVE INDIVIDUALS FOR CAUSING WRONGFUL LOSS TOTALLING RM120.6 MILLION TO FOUR PUBLIC LISTED COMPANIES
Kuala Lumpur, 12 December 2022

The Securities Commission Malaysia (SC) on 29 November 2022 filed a civil suit in the Kuala Lumpur High Court against five individuals for allegedly perpetrating a scheme to defraud and/or causing wrongful losses valued at RM120.6 million to four public listed companies.

The five individuals are Tey Por Yee, Lim Chye Guan, See Poh Yee, Francis Tan Hock Leong and Faizatul Ikmi binti Abdul Razak.

The companies involved are Nexgram Holdings Berhad, R&A Telecommunication Group Berhad, Asdion Berhad and Ire-Tex Corporation Berhad.

The SC alleged that Tey, Lim, See and Tan, in their various capacities as directors and officers of the four public listed companies, siphoned out the proceeds of the companies’ fundraising exercises, while Faizatul Ikmi abetted or furthered the siphoning.

The aforesaid conduct of these individuals, which took place between December 2013 and July 2014, are in contravention of sections 317A and 179 of the Capital Markets and Services Act 2007 (CMSA).

Under section 317A of the CMSA, a director or an officer of a listed corporation shall not do anything with the intention of causing wrongful loss to the listed corporation. Under section 179, a person is prohibited from engaging in fraud or deceit when subscribing, purchasing or selling any securities.

In order to prevent dissipation of the assets of the defendants, the SC had, on 1 December 2022, obtained an injunction from the Kuala Lumpur High Court to restrain Tey, Lim, See and Faizatul Ikmi from dealing with the monies in their respective bank accounts. The SC did not seek an injunction against Tan as he is an undischarged bankrupt.

The SC sought various orders in its civil suit, including orders that the defendants:

had contravened sections 179 and 317A of the CMSA;
pay the SC the following:
disgorgement of all proceeds obtained from the contravention of these sections, pursuant to sections 200 and 360 of the same Act; and
a civil penalty of RM1 million each, or such amount as considered appropriate by the Court, in accordance with section 200(2) of the CMSA; and
be barred from being directors of any public-listed company, and from trading on any stock exchange or derivatives exchange, for a period of ten years.

The High Court had initially fixed 12 December 2022 for the defendants to respond to the injunction application. However, following the non-appearance of the defendants, the High Court granted an ad interim injunction and fixed 9 January 2023 for the defendants’ response.

Nampak Ular + Tikus... baru boleh naik..
Hahaaa!! karb..
Macam gempa bumi akan kian menanti... ataupun Letupan gunung berapi..? karb
Hahahaaa!!! Naik Naik

Jangan begitu.. nanti Mickey feel lonely..
we need both of you to cheer the chatting ya krab

UlarSawa

Really. Then ular can stop jadi part time promoter and go hiding in the cave. Haiyoh. Boleh?

See slowly slowly sifus come out one by one..
Hahahhaaa... krab

Haahaaa... ular + mickey Bagus lah itu..
Most like that esp sudden diamond stock arise from hidden as they stated..
Look at the posting previously many many months away also can see.. sudah jadi hidden siput so many months...
Like nobody stocks - Haahaa... krab..

later they will come...
Top 10 active stocks.. later
Sure more to come.. Karp...

Oh... I mean I found the answer by myself as i m still newbie here as noob..
Cant address sifus here as noob.. Haahaaa!!

UlarSawa

Apa meaning later found the answer noob here. You mean the rest are noob takda get angpow kah. Haiyoh. Correct?

Great to have Ular and Mickey for this forum.. as It's way too silent..
Even question asked with no respond ;-(
But later found the answer ;-) Noob here

Wondering how long is the expire dateline of Warrrant B Conversion? Any idea sifus...

No wonder many sifu-s not in yet till the announcement soon be hear..
Will they be back?

Time has come finally.. Let's see how is the outcome soon.. very soon..

Berita Harian
Julai 18, 2021 @ 12:45pm

JELI: Serba Dinamik Holdings Bhd melakar membantu penduduk Jeli di Kelantan untuk menikmati internet dengan menggunakan teknologi satelit dalam inisiatif program khidmat masyarakat syarikat itu.

Syarikat senaraian awam itu dalam satu kenyataan berkata, program khidmat masyarakat internet yang dilaksanakan khususnya kepada masyarakat Kampung Lawang Jeli, Kelantan itu adalah antara usaha dalam menyokong kerajaan pelbagai kementerian di Malaysia untuk menawarkan penyelesaian kesalinghubungan internet di kawasan terpencil.

Menteri di Jabatan Perdana Menteri (Ekonomi), Datuk Seri Mustapa Mohamed, berkata masalah yang dihadapi di kawasan itu kini selesai dengan kerjasama oleh syarikat Serba Dinamik dan syarikat Mosyawa.

Katanya, dengan penggunaan kaedah teknologi satelit itu, ia boleh melegakan penduduk di sekitar 500-meter kawasan terbabit yang sebelum ini tidak mempunyai capian internet berikutan kawasannya yang terpencil.
Ahli Parlimen Jeli itu turut memberitahu teknologi satelit berkenaan juga telah dipasang di dua lokasi termasuk Sekolah Kebangasaan (SK) Lawang dan Pusat Internet Kampung Lawang.

"Ramai pelajar terjejas pembelajaran akibat masalah akses internet sepanjang pandemik ini. Dengan pemasangan teknologi satelit ini, pelajar dan guru boleh menggunakan keperluan ini bagi menjadi pusat pendidikan dalam menangani masalah Pembelajaran dan Pengajaran di Rumah (PdPR)", katanya selepas meninjau penggunaan internet SK Lawang di Kampung Lawang di sini hari ini.

Beliau turut mengucapkan terima kasih kepada kedua-dua syarikat Serba Dinamik dan syarikat Mosyawa kerana mengambil inisiatif tersebut melaksanakan program khidmat masyarakat internet bagi merapatkan jurang digital di luar bandar dan kampung.

"Dengan semangat muhasabah syarikat Serba Dinamik dan syarikat Mosyawa, insyaAllah bermula minggu depan, seramai 340 pelajar dan 60 guru di sekolah ini boleh menikmati pembelajaran mereka dirumah dan mengajar secara sempurna", katanya.

Sementara itu, Naib Presiden Kumpulan Sumber Manusia dan Hal-Ehwal Umum Serba Dinamik, Syaiful Radzman Osman, berkata teknologi satelit yang diusahakan sendiri oleh syarikat tempatan ini adalah antara usaha dorongan sosial dan ekonomi bagi memastikan masyarakat kekal relevan dengan dunia luar.

"Kita berpuas hati hari ini dengan pemasangan capian internet di kawasan Jeli kerana ia telah memudahkan proses pembelajaran online (PDPR) dan turut membantu ekonomi penduduk setempat melalui e-dagang", katanya

Beliau yang juga Pengerusi Serba Care team juga menerangkan projek pemasangan capian internet akan diperluaskan ke negeri lain termasuk Perak, Johor dan Melaka.

Pengerusi Serba Care team turut menjelaskan dengan permintaan penduduk Kelantan untuk menambah lagi teknologi satelit internet di negeri itu, beliau akan mengemukakan cadangan itu kepada pihak pengurusan syarikat.