too much stake linked with China already.
Ah Jib also know that if he play faul for once, he will never get funded from China anymore ....

Think of Edra, 1MDB, China is busy bailing out for Ah Jib....

Plus, this is a desperate time for Ah Jib where his credibility is located at the drainage system a.k.a. longkang.

No way South Korea or Japan will get the job.
The job will belong to CRCC.

It's all about politics connection if you wanna do business in Malaysia.
Note : I have no position nor intend to buy or sell VIVOCOM.

i like OLDTOWN's QR very much. Such details is very commendable.

Optimus, how about tell me a company with huge IP /economic moat with reasonable valuation.
I would happy to ditch EG to switch to that company.

EG's result is just so-so only.

The only thing that please me is the shifting the revenue source to box-build is in line as what Alex Kang promised.

The newly build factory will be completed soon... hopefully there will be orders to fill the new factory stomach...
(I have a slightly moody experience where new factory unable to fetch new orders, yes WELLCAL, I'm waiting for you)

New High stocks are driven by profit growth.
rebound stocks are driven by undervalued assets.

we don't aim at rebound stocks, we aim at the new high stocks.

Number 18,21,25

calvintaneng, before you say that EG is playing an asset disposal , please check on their revenue and their profit.

please refer to my earlier post to see the details of EG.

1. NTA doesn't justify the price of underlying securities... unless you are investing a lousy stock for it's asset.

2. Profit decrease in terms ? Remove the one-off-gain / one-off-loss and you shall see a profit improvement.

3. About the debts ... you shall refer back in 1 years time.

aiyo ... still wait for the QR release...
why haven't out one..

TMCLIFE is a very good operator. Just that it doesn't suit for short term investor.

With the current 71c cash per share value on GKENT book, investor shall realize the value of LRT3 into the calculation of GKENT. The profit of LRT3 for GKENT share over 5 years will be 270m , which is approx 90c per share.

Add 71c and 90c per share, then you will get a Rm 1.61 per share.

That was just asset + value of LRT3.

We haven't consider :
(1) Recurring income from the water meter segment (contributed approx 20-25% overall profit)
(2) The underlying assets own by GKENT
(3) The potential extension of LRT3
(4) Hospital Building segment (i consider it a negligible contribution)

The risk will be
(1) Lower than expected margin from LRT3.
(2) Lower recievable date from the government.
(3) Black swan effect.

cautiously optimistic , the heck you learn this word from analyst ? That's a "reserve of opinion" of "optimistic" jargon word used by the lapsap analyst.

The Rise Of A Giant ?

As the recovery price of the Crude Oil, now the O&G company starting to try to issue new Right's issue for expansion, or preparation works.
Will WELLCAL benefit from the capex from those company ?

Accumulated again at 1.69 , with a good visibility , why not ?

Define your "gone case" .

If fall from 1.80 to 1.69 is your "gone case" theory, you shall not invest in securities bro. Should go and play Amanah Saham Malaysia instead.

Investor should know that the new factory that contributes a higher profit margin is still in construction phase and it will be completed in the second half 2016.

The new factory will provide 10% profit margin with the box-build product ; compared with the 1% profit margin of the old product.

That's a 10 times increase in profit margin.

So in order to see explosive quarter report ahead, I will expect the August QR to have a small surprise, and the traction of growth at the November QR.

Treat your career advancement as the 1st career priority.
Once you have the increased wages, then plan to invest.

There is no point getting 3k salary, and save RM 500 per month , and hope for a 40% return per year, and ended up screwing your own performance and salary.

1. The point is getting a high salary,
2. part a good fortune in secured fund,
3. and when you feel comfortable of the "moat" (example, can sustain you for 6 month without working) ,then start invest in market.

the most constructive comment here goes to ks55.

Factory 3 is up and run .
But can WELLCALL obtain contracts to make it run at an optimum capacity ?
I'm still waiting for the giant to wake up...

I'm attracted to this post because of WELLCAL.

But I'm disappointed...

Btw, why you assume with a price of Nov 14 ...

He said Willowglen usually plans for a 20% dividend payout ratio to shareholders every year.

“Some of our shareholders have asked for a higher payout, but we prefer it for working capital. At the moment, we have very adequate working capital,” Wong said.

___________________
Can ask him to bang his head or not ?

Got 44m cash on hand , PPE only 12m, Investment in associate only 12m and you say prefer for working capital ?

You tipu pun tipu cerdik sikit lah.

wait for the Sell in May ... you will know ...

Anyone did call their center / or visit the EGM and ask about the progress of construction of the new factory ?

Hmmm... the warrant doesn't moves in tandem with the underlying mother share....

Putting it in my watchlist.
The profit should be increased exponentially after 2020.
But ... need to wait till the completion of the construction of the new factory first.

lol ... BursaNinja91, rail project ? Government going to build LRT4 ? LRT5 ?

Actually Umobile has the best value for money.
It caters to light user like me, and also heavy user like those video streamer.
Look at the package

U28 - 3GB + 50 min call + 300 SMS , more than enough for me
P70 - 7GB + Unlimited Call + 8GB promotion

The data doesn't come with any T&C or any weekend/weekday/off-peak bullshit thingy.

Plus, if you stream Youtube /Tonton via your phone app at night 2am-10am, it's free of charge / no charge your data.

Junichiro, nope. U mobile will automatically upgrade your package.
At least that happened to me.
They always automatically upgrade, no hassle.

wait patiently ... price building requires time...

Look at TMCLIFE then. Calvin.

EG operator very cunning ...
It has potential to shine..
3 years target EPS increase by 100% as stated by Icon

Plus, when the share price reach 1.00 and above, there will be 20c arbitarage movement for the warrant.

RicheHo, to cover the "possible" declaration of dividend, it would be nice if you also cover the FCF part.

Anyway, a very good write up ~

blacksnake, I'm in TMC for a long time already ... since the 48c take over from Peter Lim ...
Keep it well, I aim to sell TMC at RM 4.80 ... in the future ...

I'm not so comfortable with the current shareprice , even I have confidence in their prospect... zzz

I cannot brain people's logic.


Market Cap Of GKENT is at 530m
The secured LRT3 project valued at 4500m
If converted into profit , it would be 270m over 5 years.
Not to mentioned they have Hospital Kuala Lipis and other project yet.

I still trust my math calculation.
Maybe I'm dumb to hold it, but as the Chinese saying, dumb might have dumb luck.

wah .. semua people here recommend sell oh ... please sell it down, so I got cheap ticket to get... thank you...

LHi Tan KW, please credit 1-to-1 bonus of TOPGLOVE for me. thank you.

Hmmm... I don't like Right's Issue. Only if RI is used to expand business...
Anyone can brief me up about this company ?

Mark this company into my watchlist first =D

Time to sapu more GKENT.

This result I don't know they start to recognize the LRT3 project already or not (I doubt LRT3 project start so fast)

______Quote_____
George Kent - Fantastic Result !
Rev 267,465
Profit 19,875

EPS 6.6c , compared to last time was 2.8c
EPS growth 140%
Proposed Dividend 3.5c per share, compared to last time 2.1c
Dividend increased by 66.67%


Do you smell it ?
What's the smell ?
I smell MONEY !

Dumb people got dumb luck.

We might be different in age, sex, race, religion, opinion in investing or trading, preference ...

but we Malaysian know 1 thing, 1MDB is the cause of instability of our nation.

A big fuck you for 1MDB.

Heavy DBT and Cross selling @ 3.45 to 3.55 area.
3m of share crossed at 3.50 area...
Think about the possibility..

From what I observed :

(1) Dropping Sinyahsin will conserve the cash for the new factory building.

(2) Spinning the Thai IPO will allow EG to raise cash from Thailand.

This means EG is trying by all means to raise cash to develop the new 10% profit margin Box-build segment... that means the management feels the Box-build is a very very profitable segment...

The new factory in Sungai Petani will be completed in second half 2016.

Management guided that in 2016,2017,2018 the PCB/Box-build revenue ratio will be 80/20 , 70/30, 60/40 ratio. Please do the math if you consider PCB 0.25% profit margin and Box Build of 10% profit margin.

why everybody here stress about dividend ?
If someone bought EG for dividend, then he must doing portfolio structuring wrongly.

Go to MAYBANK page if you want dividend.

One should read about the effect of the exposure of forex before commenting on EG...

EG has 50% of borrowing denominated in USD.
EG also has 50% of revenue derived from USD.

please take note .. Ringgit is strengthening while KAWAN new factory production is not kicked in yet ... I expect a fair quarter for 1Q 2016 only....

ehh ... only this announce kah ??
No material effect oh ...
Why halt trading for this small issue ...

The hype of OCK share price is due to recommendation of a top notch remiser of RHB bank.
The basis of recommendation is TA first - a symetrical triangle breakout, and supported by the growth story.

Now it's the time to judge the hype is purely TA (syndicate play), or a sustained play (placement of share)

At this current price, it is in a perfect position to perform position sizing.

The new factory will be operating at 2H2016 which is located at Sungai Petani. I'm eager for the explosive growth story of EG.