linges-i also about to ask the same question..not sure buy back shares is good or bad and how it will impact the market price..but after google it,i think it is a gud news..Buyback shows company is cash rich,think the shares is undervalued and to reward shareholders..when they buyback,the no of shares in market will be reduced..Thus if making profit,Earning Per share will be higher.

The Bottom Line(extract from investopedia) :)
It would seem that a company buying back its own stock is a good thing in that it takes shares out of circulation and may boost the earnings per share and stock price for the remaining shares. In recent years, though, the actual value of stock buybacks has come into question. Some experts contend that buybacks at current high market levels cause the company to overpay for the stock and are carried out to placate large shareholders.



http://www.investopedia.com/articles/financial-advisors/121415/stock-buybacks-good-thing-or-not.asp

thats what vivocom shareholders are hoping..cant wait too offload their shares..the price is stagnant between .155 to .16 for quite some time..only 1 day show up to .19 last month,then come down to .155 again..so cannot compare to frontkn which is on uptrend..btw i also hold vivocom shares..hahaha

T3 force selling i guess..I expect tmrw gonna be another round of selling for contra players.

the wall has been broken..hope tmrw can fly :)

@trillionairesam-are u serious promoting vivocom?pls check vivocom forum so many ppl are frustrated and angry with the company..haha

Hopefully tmrw can break the wall

The sky is green..amazing..another good day for Media..Bro Linch i like ur statement :)

Hope can reach 20sen soon..

woww 80% margin for e-work permit..thats huge margin..the management is so confident abt the growth of the company..thanks thinkfirst for providing the link for the article.

We estimate to get one-third of that figure. With 200,000 transactions at RM30 per transaction, we can get about RM6 million in revenue. Our margin for this is also very good at more than 80%.

“So 600,000 is a start for the contract. Of course, we are interested in doing more. We don’t foresee it to be a short-term job,” he commented when asked if DNeX is exploring other IT jobs from the home ministry.

Meanwhile, he said the group will continue to bid for government contracts, adding that the group has also secured a RM104.3 million contract to manage the vehicle entry permit (VEP) and road charge (RC) systems for foreign registered vehicles entering Malaysia through Johor, a new venture for the group.

The group is also conducting a feasibility study for the Thailand-Malaysia border for the Malaysian government and has also been appointed as an exclusive project consultant by Thailand-based Tiffa EDI Services Co Ltd for the implementation of VEP and RC for the transport ministry of Thailand.

DNeX is also looking at applying the NSW system at the regional level through its active participation in the Pan Asian e-Commerce Alliance industry group, which encourages international collaborative efforts in the region.

@linges..that wasnt my analysis..i just extract from its qtr report..haha..anyhow lets enjoy the show..TP 1.3 is so close now :)

Linges..haha yes but we were expecting the price could drop as IB gave lower TP..surprisingly it shoot up..MR Market is always unpredictable..haha..ur decision to avg down also is bearing fruit now..congrats.. but i think next few days could be crucial to confirm the buyers are serious or just contra players..if can maintain the current price,i think we can say the worst is behind us..i personally will wait for anthr qtr result to decide hold or sell..if they can maintain giving out dividen even the result is so so..most likely will just keep it as dividen yield stock :)

Goreng goreng goreng :)

eat eat eat them all

i like ur gut feeling..haha

Slowly slowly to reach tp .30 :)

Yes i just done it today..u need to complete the form how much shares u want to subscribe and go to post office to buy revenue stamp of rm10..then pos laju with the banker draft if u r from semenanjung..better do it today coz the closing date in next monday at 5pm

Yeohhh..i agree..now wonder who bought all her warrants..will they going to goreng soon..just hope for the best..

Linges..wow today already reached TP 1.21..so fast..now have to wait for TP 1.3..congrats to all media believers..hopefully can close with bang today..hihi

thanks linges for the info..now we just wait it to reach 1.21 and div announcement..nice one.. :)

Datin has disposed all her warrants..wonder why she sold it all..need cash to maintain her "Datin" lifestyle perhaps..haha..she ruined the momentum and create panic after the good qtr result..

sounds promising..so tomorrow I need to rush to submit the blue form for EWI IPO before the deadline at 5pm on 20th March ::) if they can perform well durimg the time of downturn in property,i assume the result should be more excellent when the market is fully recovered.

I think ultrainvestor comment is very informative..nothing bad abt it

any good announcement soon?why all of sudden shooting up..

FYI traderman,today there was 666, 286 and 360 counters closed with profit,loss and unchanged respectively. Dnex is one of 666 counters with 0.005 profit..so consider move lorrr..hahahaha

stingy management i assume..hahaha..i guess they need it for future developments.

management keep on delivering and achieving their promises and targets..well done..

DJ Eco World Development Malaysia 1st-Quarter 2017 Earnings Summary Table >8206.KU


Eco World Development (8206.KU) - Malaysia
(1st) quarter ended Jan 31:
Figures Are In Ringgit (MYR).


2017 2016

Revenue 592,714,000 463,511,000
PreTax Profit 131,612,000 31,163,000
Net Profit 116,165,000 20,671,000
Earnings Per Share 4.17 Sen 0.87 Sen
Dividend 0.00 Sen 0.00 Sen

Traderman..i think every counter u predict n comment are down..i wonder did u buy any shares or just like to comment ard..might as well u just predict the whole market going to crash..save a lot of time..hihi

Congrats to all believers..haters might chase high now..haha

Owh wait..what happen?why dnex is going up..it supposed to go down..this is bad and goreng counter..shud go down back to .35 or .30..now i bet ppl will start chasing again..when its cheap everyone scare..hahaha

Yes csong1960..u have to open new cds and trading account if change broker..

Hopefully can reach its highest of 0.34 soon ..however overall market is not so promising

Hopefully not a 1 day show..bro calvin whats ur TP for MediaPrima?

Any new investors interested to buy Dnex,please do research about the company and read its financial result.Then you can decide yourself if this company is goreng stock or has fundamental value.So you wont easily scare by people who spread or speculate negative news or when see the price drop unless you want to get a quick buck and play contra.Dont trust anyone except yourself as everyone want to make money and has his own agenda.So invest wisely. Just my humble 2cents opinion.Cheers

Extract from Dnex Quarter report 31/12/16- Prospects for 2017

The Group completed its transformation to become a stronger company with two core businesses and a healthy balance sheet with zero gearing in 2016. It is well-positioned to compete for new businesses and extend its growth momentum.

The Group’s Information Technology business continues to firm up its e-services by broadening its product range in business-to-business segment to complement the Group’s position in delivering business-to government services. We have further extended our core IT and e-services capability to serve specific requirements of customers comprising authorities, agencies, and companies. The eWork Permit System is one of such service.

The Group was awarded a total subcontract to operate and manage the VEP&RC Contract worth RM104.3 million for a total of five years by Government of Malaysia. Regionally, we have been appointed as exclusive Project Consultant for the Road Charge Vehicle Entry Permit System for the Thailand-Malaysia border and any other borders to Thailand.

The Group income performance is expected to perform well in tandem with the improving cruel oil price outlook.The recent success in securing two (2) mini bids under the PETRONAS Carigali Umbrella Contract, by the Group’s directional drilling unit has further open up a new revenue stream to the Group’s Energy business on top of the revenue from OGPC Group.

Barring any unforeseen circumstances, the Group expects to deliver positive results for the year 2017.

Traderman i advise you to pls study further about Dnex and stop speculating la..Mr Khoo Kok Seng is not a Director or Executive Leader of Dnex.According to bloomberg he is just a director of OCPG which is subsidiary of Dnex.Ya he is substantial shareholders of Dnex but it is normal to dispose shares as the price has been increased significantly.Everyone has commitment so dont you think he also need cash ans secure profit of his investment?You just assume because he sold his shares,so he doesnt believe in this company.Btw he didnt dispose all.At least that means something.

Totally agree..haha..

Hes not that big la to determine market movement..in fact i dun believe anyone here can do that..if that good might as well be a fund manager..haha.. p/s P Trump no offend..haha

This counter sure win la coz Prof Trump on our side..hehe

Board u r consider as a substancial shareholders with 1M shares..hahah..all d best

Yezzaa Pass 2.0 mark..well done

In Syed Mokhtar we trust..TH aslo has become substantial shareholder..future looks promising.. :)

I wish ASB and TH is that good but it has been a long time ago TH and ASB gave 9-12% dividend..hihi

But this counter volume has been high and most active counter since past 2 weeks..im not a trader so i bought and keep as i believe in its fundamental..so unless there is change in fundamental,i will just keep and watch the show..if the price go lower,i will top up coz this company has many projects in hand..pls read its financial report if u hv doubt

Ppl think drb=proton only..hehe

Btw professor,are u serious abt ur prediction dnex will go up or just being sacarstic?

Everyday is T3 as long as there is trading..dont understand why keep mentioning T3 T3 T3..hehe

3. On 13 December 2006, Rinota Construction Sdn Bhd (“Plaintiff”) filed an action against Mascon Rinota
Sdn Bhd (“MRSB”), Mascon Sdn Bhd (“MSB”), Olympia Industries Berhad (“OIB”) and others at the
Kuala Lumpur High Court (“KLHC”) by virtue of an alleged oppression under section 181 of the Act
(“Original Petition”). The Plaintiff sought damages of approximately RM8.0 million. On 21 October 2007,
the Plaintiff filed an application to amend the Original Petition by adding Mascon Construction Sdn Bhd, a
subsidiary of DutaLand (“MCSB”), as another respondent and such application was subsequently allowed
by the KLHC. MSB, a subsidiary of OIB, was wound up on 25 March 2008. On 29 August 2012, KLHC
ruled in favour of the Plaintiff with an order for MCSB and others to buy out the Plaintiff’s shareholding in
MRSB which was a subsidiary of MSB. On 27 September 2012, MCSB and the others appealed against
this decision (“Appeal”), which Appeal was allowed with costs of RM100,000.00. The Plaintiff filed an
application for leave to appeal to the Federal Court which was granted on 21 June 2016 and the hearing for
the Plaintiff’s appeal is fixed on 24 November 2016. The Court re-fixed the hearing date to 21 February
2017 after the case was vacated on 24 November 2016. On 24th November 2016, the case was vacated
therefore Court had re-fixed the Hearing date on 21st February 2017. On 6th February 2017, Federal Court
informed our solicitor that the Hearing date which was fixed earlier on 21st February 2017 was vacated and
fixed for Case Management on 8thFebruary 2017. On 8th February 2017, the matter was fixed for Case
Management Court has further instructed parties to file their respective Submission in Reply on or before
8
th May 2017, and Court had also fixed the appeal for Hearing on 22nd May 2017.

Calvin,here is the annex from last qtr report pertaining to litigations

MATERIAL LITIGATIONS
Save as disclosed below, DutaLand Berhad (“DutaLand”) and its subsidiary companies are not engaged in any
material litigation, claims or arbitration, either as plaintiff or defendant and the Directors of DutaLand have no
knowledge of any proceedings pending or threatened against DutaLand and its subsidiary companies or of any
fact likely to give rise to any proceeding which may materially affect the position or business of DutaLand and
its subsidiary companies:

1. On 8 June 2016, Messrs. Yap Chin & Tiu (“Plaintiff”) claimed for a sum of RM4,723,106.87 (“Sum in
Bill”) from DutaLand & Anor (“Defendants”) at the Kuala Lumpur High Court being the fees allegedly
owed by DutaLand to the Plaintiff, whereby the Plaintiff purportedly acted as the solicitors of UNP
Plywood Sdn Bhd (“UNP”) in a suit between UNP and Sabah Forest Industries Sdn Bhd (“SFI”) (“UNP
Dispute”) at Kota Kinabalu High Court (Suit No. K22-55-1997), and has since been settled. The Plaintiff
still retains RM663,589.20 being costs awarded against SFI to UNP by the Kota Kinabalu High Court
(“Awarded Costs”) and therefore also made an alternate claim for a sum of RM4,059,517.67 and a
declaration/order to set off/deduct the Awarded Costs against the Sum in Bill. The case management date
for the matter is fixed on 28 September 2016. On 28 September 2016 the Plaintiff served the Amended
Statement of Claim to the Defendants’ solicitors, therefore the presiding judge directed the parties to file
their Amended Statement of Defence on or before 12 October 2016, and further fixed the matter for case
management on 12 October 2016 to update Court the status of pleadings. On 12 October 2016, both parties
agreed to an extension of time of one week for the Defendants to file their Statement of Defence pending
receipt of further and better particulars, Court fixed the matter for next case management on 17 November
2016. On 17 November 2016 our solicitors informed Court in regards to the status of pleadings which first
Defendant had filed their Amended Statement of Defence on 27 October 2016, whilst second Defendant
filed their Amended Statement of Defence on 26 October 2016. The Court has fixed for next case
management on 13 December 2016. On 13 December 2016, Court has given pre-trial directions to the
parties, and fix for further Case Management on 18 January 2017 pending compliance of Court directions.
On 18 January 2017, parties informed Court that the necessary documents have been served and filed
accordingly. Court then fixed the trial on 19, 20, 21 July 2017, and 17 August 2017. Further to that, Court
has also fixed a Case Management date on 22 February 2017 to update Court the status of the documents
(Statement of Agreed Facts, Classification of Documents and Defence’s Case Summary).

2. On 10 May 2013, Lin Wen-Chih and Lin Wen-Chuan (collectively referred to as the “Plaintiffs”)
commenced legal action against Pacific Forest Industries Sdn Bhd, a subsidiary of DutaLand (“Pacific
Forest”) and DutaLand (Defendants) at the Tawau High Court claiming for a sum of RM16,859,186.65
allegedly owing to the Plaintiffs by Pacific Forest.
Pacific Forest and DutaLand subsequently filed an application to strike out the Plaintiffs’writ and statement
of claim which was allowed by the Tawau High Court with costs of RM45,000.00. The Plaintiffs appealed
against this decision and the hearing has been fixed on 20 September 2016. The (Appellant’s / Plaintiff’s)
appeal against the (Respondents / Defendants) was allowed with cost of RM20,000.00 to be paid by
Respondents. The Respondents had on 17 October 2016 filed an appeal against Court of Appeal’s decision
to Federal Court. The Federal Court has yet to fix the Hearing date.

How about its material litigation?they still have pending case..any comment on that?