Folks as per Bursa listing requirements for the Share Issuance Scheme, the total number of shares to be issued is not more than 15% (+-267,000,000) of its total number of issued shares & probably with a vesting period of 5 years to exercise the offer.

Once everything is in place to acquire more shares thru SIS at a 10% discounted based on the 5 day weighted average market price, only then a more positive announcements will surface thus creating value to the stakeholders, especially to the substantial majority shareholder & his proxies. 😀

As I have mentioned earlier time is on his side as he & his group have the knowledge of projects in the pipeline.

Once the date of SIS offer made known to Bursa, only then buying & selling transactions will be active in order to determine the 5 day weighted average market price.

The big question folks do you have money, patient & time for the AIZO to deliver as what Warren buffet said “the stock market is a device to transfer money from the impatient to the patient.” 😀

With less sellers at the lower prices only then they will offer to buy at a slightly higher price.

Folks, with time on their side & once everything is in place, only then the good news are out in the market.

Folks, probably Abg groups & proxies have been & still actively buying in the open market using "nibble strategy" as not to raise the price too high while maximizing other option such as SIS to acquire more shares as they are the only party who know the future potential growth for Aizo Group.

As I have mentioned before Minetech is in the accumulation phase, folks!

Folks, the objectives of the Scheme :

(i) to drive and motivate the Eligible Persons to work towards achieving the Group’s goals & objectives

(ii) to reward the Eligible Persons in recognition of their contribution to the operations & continued
growth of the Group

(iii) to retain the Eligible Persons by giving them a sense of ownership, loyalty & belonging to the Group by enabling them to participate directly in the equity of the Company

(iv) to align the interests of the Eligible Persons with the interests of the Shareholders by providing an incentive for the Eligible Persons to participate in the future growth of the Group & motivating them towards achieving better performance

(v) provide a continuing incentive to the Eligible Persons without adversely affecting the cash flow of the Group

Folks, the Exercise Price of each new Share shall be determined by the SIS Committee & fixed based on the 5 day weighted average market price of the Shares, at the Date of Offer, with a discount of not more than 10%.

The Proposed SIS will not have an effect on the NA & gearing of the Group until such time when the SIS Options are granted and/or exercised.

Any potential effects on the NA & gearing of the Group from the Proposed SIS will depend on the number of SIS Options to be granted & exercised, & the Option Price.

There you go, folks!

Folks, Minetech in the accumulation stage for almost a month.

Just as the accumulation is characterized by support & resistance levels containing the price action of a stock, the markup stage is identified by the share price rallying above the resistance level.

So folks, with the support level at 0.140 sen while the resistance level at 0.160 sen & soon with a couple of promising announcements, will the share prices go lower or higher?

Folks, accumulation is the stage when institutional investors begin to accumulate Minetech shares as these major players who need to acquire large positions in Minetech but can't do it all at once for fear of driving prices higher & raising their cost basis.

So folks, they buy at regular intervals when the stock hits their desired price levels thus this supports the stock & moves it up slightly & then they wait for the move to be digested & the price to come back to their target level before repeating the process.

During this stage folks, few retail investors might participate because price action is unremarkable & doesn't necessarily attract attention.

But on the other hand, this is where long-term investors & the believers able to position themselves to scale in to take advantage of Minetech price movements.

So folks a "bite-sized" approach can sometimes be a better choice than buying everything at once, in anticipation of an announcement that could cause a shift in the markets.

There you go folks !

Folks, pullbacks are widely seen as "buying opportunities" after a stock has experienced a large upward price movement.

For example, a stock may experience a significant rise following a positive promising announcement & then experience a pullback as traders with existing positions take the profit off the table, i.e., selling some or all of their long positions.

Most pullbacks involve a stock’s price moving down to an area of technical support before resuming the uptrend.

Remember folks, pullbacks typically don’t change the underlying promising fundamental narrative that is driving the price action on a chart as pullbacks are usually profit-taking opportunities following a strong run-up in a stock’s price.

Trend-following traders frequently use pullbacks to get in on the dominant uptrend as they can do this through buy limit orders, stop buy entry orders, or just a plain market order if they want to jump right in.

So folks, if the promising fundamental picture for a company has not changed significantly, it increases the likelihood that it's just a normal pullback that should stabilize over a few sessions, & offer buyers a chance to get in on the primary uptrend at a cheaper price.

There you go, folks!

Folks, if you feel the stock has fallen because the market has overreacted to something, then buying more shares should be a good thing.

Averaging down works best when you are confident that an investment is a long-run winner.

As such, buying the dips will have you accumulating your position at progressively better prices, making your ultimate profit potential greater.

My only advice to the believers is to buy now when its cheap before the big funds like Sarawak Treasure, EPF, KWAP, ASB, PNB, TH start to use "nibble" strategy before taking further action.

To the non believer you can skip this stock & if you are holding this stock please sell immediately. 🤣

Folks, Sarawak Energy aims to install at least 400 megawatts (MW) of floating solar power capacity at its dams (Batang Ai, Murum, & Bakun) by 2030.

The company owned by the Malaysian state of Sarawak, which produces most of its power from hydroelectric dams, is expanding into solar capacity as it seeks to reduce reliance on coal.

Sarawak Energy started construction at its first phase 50 MW floating solar unit at its Batang Ai dam which is expected to be completed by end-2024.

Soon after feasibility study and environmental & social impact assessment approval given, the second phase of 160MW Floating Solar at Batang Ai will be the next big thing.

Folks, there are plenty of opportunities for Minetech in Sarawak either its in Civil Engineering, Solar Energy, Mining or even Digital Infra (Satellite).

The future for Minetech looks promising as such there has been no fundamental change to Minetech & buying more share at a lower price open a great opportunity to scoop up some more stock at a bargain.

There you go folks!

Tender Title: Request for Proposal for Front End Engineering Works for the Expansion of 160MW Floating Solar at Batang Ai. The Proponent should have proven experience and expertise in the design
and engineering of floating solar project;

The Front-End Engineering Works for the expansion of 160MW Floating Solar at Batang Ai consist of the following phases:
i. Phase 1 – Feasibility Study (including ground works such as soil investigation, topographical survey, LiDAR survey, bathymetry survey, underwater soil sampling)
ii. Phase 2 – Environmental & Social Impact Assessment (ESIA) to meet International Standards and Natural Resources and Environment Board (NREB) EIA for local NREB submission.

Closing Date: 31 July 2024.

Folks, this showed the Premier is serious on building the 2nd phase 160MW Floating Solar Farm during his visit to Batang Ai recently.

The Minetech 9.9MW floating solar farm in Perak was built at the cost of Rm55 mil.

Now what will be the cost of building a 160MW Floating Solar Farm in Batang Ai, Folks?

Beside that Sarawak also planning to deploy floating solar technology at its other reservoirs, such as Bakun and Murum.

Slowly & surely Minetech will increase the stock value for the stakeholders.

Good things come to those who wait.

Better things come to those don't give up.

Best things come to those who believe.

Tender Title: DESIGN, ENGINEERING, PROCUREMENT, MANUFACTURE, SUPPLY, DELIVERY, INSTALLATION, TESTING & COMMISSIONING AND HANDOVER OF COMPLETELY BUILT-UP (CBU) FIFTY-FIVE (55) UNITS OF SINGLE DECK HYDROGEN FUEL CELL FEEDER BUSES (H2B) FOR THE DEVELOPMENT OF THE KUCHING URBAN TRANSPORTATION SYSTEM (KUTS) PROJECT.


Closing Date: 12 July 2024 (Friday) before 12:00 Noon

JV with China Co? Plenty of opportunities for Minetech in Sarawak, folks!

Folks, I still have buy Qs at 0.13 sen & buy Qs at 0.12 sen.

Slowly & surely Minetech/Aizo will increase the stock value for stakeholders.

Good things come to those who wait.

Better things come to those don't give up.

Best things come to those who believe.

Folks, Sarawak Energy Berhad (SEB ) Group chief executive officer is exploring the feasibility of a second phase of its floating solar project at Batang Ai in Lubok Antu, Sri Aman & said this will have the potential capacity to generate up to 160MW of renewable electricity.

Additionally, SEB is also considering deploying floating solar technology at its other reservoirs, such as Bakun and Murum.

With all the effort & planning in place, SEB well-positioned to support Sarawak’s goal of achieving 10GW generation capacity by 2030.

SEB plans to invest up to RM5 billion per annum over the next 10 years in generation, transmission, & distribution projects.

Funding for these projects has been secured through a mixture of internally generated funds & a successful RM3.5 billion issuance under SEB’s RM15 billion Sukuk programme, which has received an AAA credit rating from RAM Rating Services Berhad.

Folks, there abundant of opportunity for Minetech/Aizo to venture whether in the near term, medium term or long term.

Slowly but surely Minetech/Aizo will increase the stock value for shareholders.

Good things come to those who wait.

Better things come to those don't give up.

Best things come to those who believe.

Sarawak Energy Bhd (SEB) current floating solar farm project at Batang Ai would generate 50MW once completed in October 2024 through a joint venture with China Power International Holdings and Trina Solar.

The 86-hectare ongoing solar farm project currently occupies only 2% of the reservoir’s total surface area of 8,500 hectares, suggesting considerable room for expansion.

"From my calculations, if we use 60% of 8,500ha, the potential solar energy we can produce is about 2,000MW. I have shared this with SEB so that we can plan an increase in Batang Ai’s solar power generation capacity and I believe they will research this proposal” according to Sarawak Premier.

Moreover, Sarawak Premier also mentioned that the state government would explore additional floating solar projects at the Bakun and Murum reservoirs, which have potential capacities of 500MW and 600MW, respectively.

Since Sarawak has signed a memorandum of understanding with (renewable energy company) Masdar from the United Arab Emirates, who are interested in developing solar energy form a joint venture with Minetech/AIZO for the above proposal?

There you go folks https://focusmalaysia.my/sarawak-eyes-expansion-in-floating-solar-power-at-batang-ai-hep/

Remember folks, there are abundant of opportunity in the Borneo Island esp Sarawak.

With a new EC as majority shareholder, soon new BODs management team & later licenses needed from the local & federal authorities for the new ventures, Aizo will surely position itself as one of the key player is Borneo esp Sarawak.

My only advice to the believers of AIZO is to buy now when its cheap before the big funds like Sarawak Treasure, EPF, KWAP, ASB, TH start to use "nibble" strategy before taking further action.

To the non believer you can skip this stock & if you are holding this stock please sell immediately 🤣.

There you go folks.

Just like Alon Musk launching thousands of statellites for Starlink to provides internet services, Aizo probably on the other hand is planning to launch a satellite as per Sarawak vision & mission, aimed at rural communities who cannot get high-speed internet connectivity.

The satellite will be put in low-level orbit around the Earth to make connection speeds between the satellites & the ground as fast as possible.

Using satellite solves the problem of getting internet connections to remote locations in Sarawak, Sabah & Kalimantan (Borneo Island) bypasses the need to build massive amounts of infrastructure, like cables and masts, to reach those areas as satellite link used the dish and router to connect to the satellite.

Compared to standard internet providers, satellite link connection isn't cheap.

In Sarawak the cost using satellite link connection plus the monthly charges to the vast rural areas in state most probably will be borne by the Sarawak State government.

If Alon Musk can do it, so can Aizo folks.

Sarawak planning to launch its own satellite, bridging the digital divide across the rural communities by providing access to broadband connectivity, so that all Sarawakian have equal opportunities to participate in the economy.

That where Aizo appetite will be folks...in collaboration with Sarawak Satellite, digital infra, gateway & data centre.

Abundant opportunities for Aizo to venture including mining collab & RE too.

Slowly but surely Aizo will increase the value for shareholders.

Good things come to those who wait.

Better things come to those don't give up.

Best things come to those who believe

Yes…soon new BoDs n management team.

Folks, good things come to those who wait.

Better things come to those don't give up.

Best things come to those who believe.

Folks, Deputy Premier recently led a Sarawak delegation for a visit to Micassa Gold Mine in Canada, which is among the biggest gold mines with the highest grade in the world which is operated by Agnico Eagle Mines Limited.

Deputy Premier said Sarawak welcomed Agnico Eagle Mines Limited to explore opportunities particularly in mining.

Minetech subsidiary Minetech Construction Sdn Bhd has the expertise for waste removal, ore delivery, & associated works as proven for the ongoing works in the Selinsing Gold Mine Project, Pahang.

So the big question, will Agnico Eagle Mines Limited extend a partnership to Minetech for waste removal, ore delivery & associated works.

Remember folks that mining job in Sarawak is estimated to be RM1.25 trillion worth of gold, rare earth, bauxite, & other precious metals covering 12.4 million hectares land areas within the state.

So folks, Minetech a civil engineering specialist, bituminous products manufacturer as well as an emerging player in the solar energy space, has so much opportunities in Sarawak.

Folks, 0.13 sen soon & 0.20 sen later will be history.

Folk, an investor needs to sharpen their skills of finding gems in the stock market.

They need to be able to identify companies with good potentials but have yet to be discovered by the market especially by big institutions.

Minetech is one of the gem at a discounted price now.

Folks, whenever you look at any potential new shareholder non-hostile takeover or acquisition, you look at the potential to create value for your shareholders. Slowly & surely 0.13 sen will be history.

Folk, if an individual has the controlling interest, the firm automatically makes that person the chair of the company's board of directors.

A controlling interest grants an investor the leverage to increase their shareholding stake in a company in the event of a merger or acquisition.

" I am committed to not only continuing this trajectory but also to actively supporting and steering Minetech towards unlocking even greater value for all our STAKEHOLDERS. Together we stand on the cusp of a thrilling chapter of expansion and innovation." - EC Abg Izzarim

I have to look out for the SHAREHOLDER’s interests, and I’m the largest SHAREHOLDERS - Carl Icahn

Lol there you go!

Minetech collab with Irix

As Abg said "We will choose our partners carefully & ensure we stay true to our mission & vision. As you know, getting the right fit is key to the success of any business venture."

Folks, supporting the government’s vision to transform Sarawak into the next regional connectivity hub, irix, a 100% private, & fully Sarawakian-owned & operated telecommunications infrastructure provider, has embarked on a multi-pronged approach to spark a digital evolution.

Irix has constructed the irix’s Tier-IV Data Centre serves as the backbone propelling Sarawak’s internet connectivity.

It is the 1st & only Tier IV-designed & certified data centre in Malaysia & a carrier-neutral, green facility that utilises Sarawak’s high level of hydroelectric power.

With minetech in the picture, probably a future solar RE power generated to replace the existing one.

There u go, folks!

Folk, Irix fully unleashing the potential of *digital INFRASTRUCTURE*, Sarawak can further develop next-generation telecommunications & connectivity infrastructure to meet future demand, bridge the digital divide, become the regional telecommunications gateway for Borneo & elevate its digital workforce to support a growing digital ecosystem.

This is what the Minetech EC Abg meant about venturing into telecommunications on *digital INFRASTRUCTURE*.

Remember folks, irix is certified Network Facilities Provider (NFP), Network Service Provider (NSP) & Application Service Provider (ASP) that is fully licensed by the Malaysian Communications and Multimedia Commission.

Again in buy Q at 0.13sen & 0.12sen valid for a month from today.

Did You Know?

Data centres are energy-intensive facilities.
They are estimated to consume about 1-2% of the world's total energy.
Now imagine solar as an alternative source of energy for DCs in Sarawak.
What does that mean for MRB?
Hmmmmm..

Abg Izzarim serves as the Chairman of irix, holding a major stake as one of the company's shareholders.

Again on Telecommunication Infra:

Sarawak can look forward to better Internet connectivity following the launch of a new submarine cable to Singapore via Batam & a Tier IV data centre in the state.

The Batam Sarawak Internet cable system (Basics) & data centre would be an important part of the digitalisation equation to improve Internet connectivity in Sarawak, especially in rural areas.

With this INFRASTRUCTURE, latency issues like hanging and being unable to connect will be a thing of the past.

Both facilities were privately developed by Kuching-based Irix Sdn Bhd.

So will Abg pump in Irix sdn bhd into Menitech?...Abg is also the Chairman of Irix.

Folks, Premier emphasized the government’s proactive approach towards Sarawak’s digital future, aiming to become a leading digital economy and society by 2030.

Premier highlighted the need for 7,000 telecommunication towers (estimated to costs Rm4+bil) to achieve 99.9% Internet penetration statewide.

Presently, 3,856 towers are completed, and 761 more will be built by the end of this year, with the rest slated for completion before 2030.

Sarawak government is collaborating with the private sector to establish eco-friendly green data centers, vital for the digital economy’s growth.

There u go!

Beside civil engineering works & RE, MRB also charting in new territories in telecommunications & trans-border logistics in Sabah & Sarawak.
For telecommunications will be on digital infrastructure.
For trans-border operations, the emphasis is on green logistics rather than conventional logistics.

Remember folks, Sarawak proposed allocations under 2024 state budget include RM298mil for rural electrification scheme. Now what could that be...RE/Solar? Hmmmm

Remember Eagle77 that Sarawak have RM40b cash reserve. No empty talk from Sarawak Premier. That exclude the federal budget for the state.

There u go

But I still want to buy at 0.12 sen lo. Accumulation at 0.13 sen finally done by yesterday. Now waiting for more of bad news from u so that can match my Q ma.

Press harder Eagle so can break the next support level. I'm waitinggggg in the Q...Lol

SARAWAK is upping its ante with supercharged infrastructure with light of the higher development expenditure allocated for Sarawak — not just at the federal budget allocations but under the state level too. Several highway projects, & renewable energy coupled with the potential setup of data centres to present infrastructure expansion opportunities.

Such as construction on the RM6.1 billion Northern Sarawak Coastal Highway will begin in 2025 connecting Limbang, Brunei, & Miri with Lawas will have four lanes and is expected to take 5 yrs to complete & this includes the new RM600 million Lawas Airport. Other mega projects include the expansion of the new Limbang Airport.

Sarawak thematic stocks are set to benefit from Sarawak’s infrastructure wave. There u go Eagle77...lol

Collecting at 0.13 all done. Still have queues at 0.12 but chances seem rather slim to break next support level. Will change strategy if 0.12 can't be achieved.

A boulevard spanning 2kms in length & 26meters in width will be constructed in Kota Samarahan to host Sarawak future major events such national day or the Yang di-Pertua Sarawak’s birthday.

Touted to be the longest boulevard in Sarawak, construction would begin this year once the tendering process is completed with the cost of over RM100mil & expected to be completed within 2 & a half yrs.

There you go Eagle77...lol

Masdar Local Partners:
Sarawak government (done)
Sarawak Energy (done)
SEDC (done)
Minetech next? Hmmmm..

The Abu Dhabi Future Energy Company PJSC, widely known as Masdar, one of the largest renewable energy companies globally is assessing opportunities in the development of up to a capacity of one gigawatt renewable energy projects, particularly floating solar in Sarawak.

Its CEO, Mohamed Jameel Al Ramahi said the company wants to invest in development of floating solar farms.

"This visit follows the very important MOU that we signed and witnessed by the Premier of Sarawak during his visit to Dubai last December at the United Nations Climate Change Conference 2023" its CEO added.

The company has invested in Indonesia & now with Sarawak, they hope to work closely with the government & LOCAL PARTNERS to develop large-scale renewable energy capacity.

There you go, folks!

Lol press harder Eagle..I'm waiting at 0.13 & 0.12...BUY on rumour, SELL on news.

Collected at 0.13 on fri & tue. Today queue to collect more...some matched while the rest still in the queue. Hope Eagle77 can press down till 0.115 as I do have queue to buy at 0.12 too..Go go Eagle77

The bloodbath to continue..Careful now as risk comes not knowing what to do!

Similarly, it's usually a bad idea to sell a stock only because its price decreased. At the same time, though, sometimes you just have to cut your losses on a stock position. It's important to not let a drop in a stock's price prevent you from selling.

As legendary investor Warren Buffett says, "The most important thing to do if you find yourself in a hole is to stop digging." If your original reason for buying a stock no longer applies, or if you were just plain wrong about the company, then selling at a loss rather than continuing to hold may be your best option.

Indeed, risk comes from not knowing what to do..careful now!

The reasons why you bought a stock may no longer apply. Examine why you bought a stock in the first place and ask yourself if those reasons are still valid.
If something fundamental about the company or its stock changes, that can be a good reason to sell. For example:

The company's market share is falling, perhaps because a competitor is offering a lower rate globally.
Of course, this list isn't exhaustive. If something substantially changes that contradicts your investment thesis, that's one of the best reasons to sell.

Careful now..risk comes from not knowing what to do.

No one wants to sell for a loss. It's an admission that you made a mistake. But if you can set your ego aside, you can take a small loss and still be fit enough, both financially and mentally, to invest the next day. Cutting losses quickly prevents you from suffering a devastating fall that's too steep to recover from. Risk comes from not knowing what you are doing. Careful now!

Judo masters begin not by learning how to throw, but how to fall. They practice this skill until it's as natural as breathing. No matter how many times they're flipped, they can rise to fight again.

Highly successful stock pickers go through similar training: They must learn how to cut their losses short. This means selling a stock when it's down 7% or 8% from your purchase price.

Sounds simple, but many investors have learned the hard way how difficult it is to master the most important rule in investing. Doommmmm....

Dare to catch a falling knife which may slice your portfolio value? Risk comes from not knowing what you are doing. Careful now!

Velesto shares set for worst day in 10 months as CGS flags concerns. A number of jack-up rig drilling companies have had their rig contracts suspended by Aramco in recent days, CGS flagged. These rigs may find their way to Southeast Asia and other regions, which may cap or even pressure utilisation rates and daily charter rates globally. Doooommmmm...the beginning of the END for Voles?

https://theedgemalaysia.com/node/707123

Yes..up all the way to abv 1.

The stock market is a device for transferring money from the impatient to the patient. Remember folks emotions are your worst enemy

Sadly I3investor is filled with individuals who know the price of everything but the value of nothing. Hahahaaa