no doubt SEALINK is in the prime location

https://www.petroleumsarawak.com/what-we-do/upstream

https://theedgemalaysia.com/node/724245

jomvalueinvest2
if next two QR keep consistent deliver improve results , my expectation timeframe 6months to 1 year . this estimate is without any contract awards or any corporate exercise . purely only my calculation . TAYOR

ITMAX - scaling to new heights

New Additions to
MSCI Malaysia Small Cap Index:
+ AEONCR
+ DAYANG
+ GENP
+ GCB
+ ITMAX
+ SUNCON

strong buy

buy signal

sealink is poised for breakout

at current price , natgate is more attractive . downside risk much lower

chart tell everything

support lvl 1.55

good results , TP 1 - 1.2

all tech conter drop badly , all waiting the NVIDIA qr tonight . is the bell weather for tech global now. if kobay results released tonight is not good and NViDIA qr is not expected . could be double edge sword then .

bearish chart support level 1.71 as mentioned earlier

good to collect now

Outlook. After securing 4 out of 16 Johor councils, we expect all to come on board over
time to realize the integrated smart city system. Furthermore, these deals only comprise
of DIS and smart traffic light system – we do not discount that other solutions such as
networked lighting and smart parking could be included in the future. Along with the
recently awarded DBKL VO #11 and maiden penetration into Penang, ITMAX is
expected to continue to scale new heights.

Solid order book secures long term visibility. As end of 2Q24, ITMAX has a total
unbilled order book of more than RM1.5bn which will be recognised progressively up to
May 2039. As end of 2Q24, ITMAX’s tender book stood at circa RM300-400m.

TP 5.80 , more to come

Big Hints
ITMAX's managing director and chief executive officer William Tan Wei Lun added: "We have also secured new contracts that will serve as a catalyst for future financial growth."

https://www.businesstoday.com.my/2024/08/27/solid-orders-reflects-itmax-1h-profit-jumping-22/

i expect more catalyst is coming tally with Sarawak Development alongside with Petros . TP 1 -1.2

yes , all related in very good profit so is sealink also . i buy more the price is a steal for me

sometimes is operator press and create panic ,collect low price . look at the volume is not that high , look like retailers throw ticket .

sealink or sinklink , we shall know soon after QR . for me , is a opportunity .

@laulau ?? where is your fv 6.83 come from ?? . bearish chart support level 1.71

buy with ease of mind if management is good such as itmax , AWC , sealink , dxn , etc

QR might come out this weeks , probadly today .

3.40 changing hands , hoseh liao

big boy just mop all 3.40 big block , gonna fly again

upbeat on getting more contract TP 5.80

itmax float share only 371m .

time to collect

once additional contract get , will revised again , my TP 5.80

OSV players spillover effects , SEALINK will also post strong QR soon .

https://theedgemalaysia.com/node/704949

perdana petroleum posts highest quarterly profit in 16 years on higher utilisation rates

0.50

good fundamental , good earning visibility . what to worry . just lock in fridge. bonus issue might be coming soon

fantastic sealink

TP 4.71 , more to come . impressive

just released , still hot .

ITMAX system

Additional 5k CCTVs installation for DBKL
ITMAX has secured a RM539.5m contract from DBKL to install an additional 5k
CCTVs in Kuala Lumpur. The contract spans for 10 years, comprising a one year
installation phase followed by 9 years subscription phase. We view this
development positively as this provides (i) longer visibility of its recurring income
stream and (ii) a testament of its technological leadership and QoS. We strongly
believe that ITMAX is in a prime position to get the remaining 10k CCTV contracts
over the coming years. We raise our FY26f earnings by 17% to impute in the job
win. After earnings adjustment and raising our PE assumption to 45x (from 40x),
our TP increases to RM4.71 based on FY26f EPS. Reiterate BUY.
NEWSBREAK
The deal. ITMAX has on 15 August 2024 secured a Variation Order (VO) dated 9
August 2024 awarded by Dewan Bandaraya Kuala Lumpur (DBKL) in respect of the
Contract of “Kerja-kerja Membekal Perkhidmatan Penggunaan Sistem CCTV dan VMS
Integrated Transport Information System (ITIS) Secara Sewaan Tahun 2021/2026
(2018/A051)” (Main Contract). The contract involves the installation of additional 5k
CCTVs in Kuala Lumpur (KL) for a period of 120 months which comprises of 12 months
installation period and 108 months subscription period for a contract value of
RM539.5m. The commencement date will be fixed according to the work program
agreed upon by ITMAX and DBKL.
HLIB’s VIEW
Stronger footing in DBKL. We view this development positively as this provides (i)
longer visibility of its recurring income stream and (ii) a testament of ITMAX’s
technological leadership and quality of service (QoS). This 5k additional CCTVs
installation also comes as a surprise as DBKL historically only adds 1k CCTVs per year.
Additionally, note that this is a longer contract period of 9 years from DBKL, compared
to the previous duration contracts of 6-7 years.
More to come. With this expansion, ITMAX’s video surveillance system will now
encompass 10k CCTVs, seamlessly connected through its fibre optic network
infrastructure across KL. In July 2024, Deputy Prime Minister Datuk Seri Ahmad Zahid
Hamidi quoted that DBKL requires at least 20k CCTVs cameras installed throughout
the city to monitor crime and traffic congestion. With this news, we are confident that
ITMAX is in a prime position to get the remaining 10k CCTV contracts when rolled out
over the coming years.
Expecting higher margin. Although these additional 5k cameras’ rental is lower at
RM1k per month (vs existing’s circa RM1.1k-1.2k per month), we opine they will yield
higher margins as the incremental cost for command centre and fibre optics will be
much lower by using the existing facilities.
All-time high order book. With this addition, it has a total unbilled order book of
RM1.5bn which will be recognised progressively up to May 2039. As end of 1Q24,
ITMAX’s tender book stood at circa RM300-400m.
Forecast. We raise our FY26f by 17% to impute in the job win.
Reiterate BUY with higher TP of RM4.71 (from RM4.00). After earnings adjustment and
raising our PE assumption to 45x (from 40x), our TP increases to RM4.71 based on
FY26f EPS. We believe that this home-grown smart city integrated system and solution
provider is a compelling case given its multi-year growth potential on the back of solid
order and tender books.

if secured all , ITMAX going to the roof . buy before too late

ITMAX in the prime position to bag video surveillance contracts for all 16 councils ( already secured 4 )

ITMAX TP 4.70 revised upward by HLIB , strong buy

QR surprise ?

gosh ! director keep collecting everyday

director keep buy recently , must be something interesting going on

0.395 -0.405 heavy accumulating