Some sharing, usd play https://klse.i3investor.com/blogs/investmentopportunity/178592.jsp

Some sharing, usd play https://klse.i3investor.com/blogs/investmentopportunity/178592.jsp

Some sharing, usd play https://klse.i3investor.com/blogs/investmentopportunity/178592.jsp

Some sharing, usd play https://klse.i3investor.com/blogs/investmentopportunity/178592.jsp

Thanks for sharing your view here "Speedy Boy".

Gamuda market cap dropped at least rm2 billion, whereby its earnings from Mrt 2 underground work package is less than that.

Some sharing here for readers who believe in the timber / furniture industry. The industry should benefit from sufficient logs supply, and strong USD. https://klse.i3investor.com/blogs/investmentopportunity/176820.jsp

Some sharing here for readers who believe in the timber / furniture industry. The industry should benefit from sufficient logs supply, and strong USD.

https://klse.i3investor.com/blogs/investmentopportunity/176820.jsp

Some sharing here... https://klse.i3investor.com/blogs/investmentopportunity/176820.jsp

https://www.thestar.com.my/business/business-news/2018/07/12/final-price-of-lrt3-reduced-by-47pct-to-rm16pt63b-says-prasarana/

Volume is decreasing, clear out all noises before moving again.

Yes, Mrt 2 and Lrt 3 to continue. Next 3 years, George Kent has stable earnings visibility while it explore other business ventures (smart metering) and other rail projects.

If I am right, the current share buyback of up of 10% of the Issued Shares of the company is only valid till the next AGM on 9 July 2018. In its recent announcement yesterday, the company proposes another "Renewal of Share Buy-Back Authority of up to 10% of the Issued Shares".

The company may purchase max 20% (112 million) of the shares outstanding, and hold it as treasury shares, hence reducing the shares outstanding from 563 million to 451 million shares. This will increase the EPS of the company.

From the latest published balance sheet report, George Kent has over rm510 million cash. Assuming the company purchase all shares an average price of rm2.50, total amount spent would amount to rm280 million cash (rm2.50 x 112 million shares).

Hence the balance cash would amount to rm230 million (rm510 million - rm280 million). George Kent has ample of cash to do share buyback. I have not even include the incoming cash the company would generate this year.

Just sharing information here. Peace. :)

How's the EGM at 10am this morning? Anyone went? Any updates?

We are heading towards developed country status. What do u think our infrastructure is going to be? Backward or forward?

There are many infrastructure to be developed aggressively in the next few years. It's a great time to pick beaten down construction counters.

Construction sector might be underweight in FY2018, what about FY2019 to 2022? Food for thought.

Anyone knows what is the current PE for Pentamaster International in Hong Kong?

With past experience in Ampang lrt extension, hospital, water infrastructure projects, coupled with current experience in MRT 2 & LRT 3, Gkent has some experience to bid for future projects.

In addition, with rm510 million cash, what is stopping Gkent to hire technical expertise around the world to put together a good experienced team. See how it goes. Right or not, the future will tell, and that's what makes life exciting isnt it. If we are wrong, just cut loss and move on. If we are right, then make some profits and move on.

Penang LRT coming hohoho~

“SPAD is the agency that will approve the Bayan Lepas Light Railway Transit (LRT) project and after the change of government, they are now willing to discuss our application to have our LRT system,” he added.

Read more at https://www.thestar.com.my/news/nation/2018/05/18/working-out-kinks-in-transport-plans-govt-agencies-willing-to-restart-discussions-on-pending-mega-p/#8KhuP7uTGQzEYQwk.99

There's always a first time for any company to venture into a new business. Any big company was once a small player, venturing in new business for the 1st time.

Flushing out sellers in a day, nearly 100million shares exchanged hands. Gkent is fighting against all odds against limit down, 15mins to go, JIA YOU!

Just for sharing, its profit margin for Q4 is higher compared to other quarters mostly due to the variation order (VO) it received from LRT Extension Project.

Gkent has over rm500m cash, let us wait for its 1QFY19 report in June. Unless the new government made changes to the existing contracts of LRT3, MRT2 and hospitals, Gkent rm5b order book remains intact, with clear earnings visibility till 2022.

In these 4 years, will Malaysia build more rail especially for states in Penang, Sabah & Sarawak? We will see. Btw, Gamuda rebounded with big order book for LRT & MRT.

Chill la, we are here to share info and not start any personal attack.

Today's volume better than yesterday, 28m shares exchanged hands!

Please refer to Penang Master Transport Plan. Of course, investments is about foresight. So do diversify, just in case if we get it wrong, we have other stocks to sustain our portfolio.

Penang / Sabah / Sarawak are having their LRT rail soon~ Guess which construction companies the new government will award to? China? Japan? Germany? or Malaysia's construction companies? And if its local, guess who would get it... construction sector will boom in the near future, Tun M is famous for that.

Good start for the year. Hope E&E can do BETTER in 2018, compared to 2017.

Rubber latex price is still below rm5 per kg. Let's see whether Supermax can sustain its profits at rm25 mil and above, for Q3 & Q4. :)

Rm 10.33m, up 8% yoy, all time high profits. If we exclude non-recurring expenses, its much higher. Good prospects!

Engine starts!

287,500 shares transacted only, low volume!

Chuah said that since January 2018, PIL (Hong Kong subsidiary) had already received purchasing orders of RM246mil for its automated equipment and automated manufacturing solutions and products.

"PIL will focus on supplying automated equipment and solutions to the telecommunications, automotive, and medical device sectors," he added.

Read more at http://www.thestar.com.my/business/business-news/2018/01/08/pentamaster-plans-to-raise-rm192m-in-ipo/#OoTw35ifHFVzrqyO.99

The Board of Directors of PCB wishes to announce that PENTAMASTER EQUIPMENT MANUFACTURING SDN. BHD. (“PQ”), an indirect wholly-owned subsidiary of PCB, has incorporated a wholly-owned corporation, Pentamaster Equipment Manufacturing, Inc. (“PEMI”), in the state of California, the United States of America.

PEMI was incorporated on 18 January 2018 and is authorised to issue a total of 10,000 shares of Common Stock. PQ has on 8 February 2018 remitted USD10,000.00 to PEMI as capital contribution with the result that PEMI currently has an issued and paid up capital of USD10,000.00 comprising of 1,000 shares of Common Stock of USD10.00 each, all held by PQ. The principal activity of PEMI is provision of sales and technical support. PEMI was incorporated for the purpose of providing closer sales and support services to the customers of Pentamaster International Limited and its subsidiaries based in the United States of America.

None of the Directors and/or major shareholders of PCB or persons connected to them have any interest, direct or indirect, in the incorporation of PEMI.

This announcement is dated 8 February 2018.

Jan Brent Crude average stands at $66, higher than the year before at $53. Refining margins are much higher too.

Hey guys, mogus 92 is back at high levels at $9, and mogus 95 is trading at high levels too, at $80. It's coming!

Hey guys, mogus 92 is back at high levels at $9, and mogus 95 is trading at high levels too, at $80. It's coming!

Probably the weakening of the usd.

As of Q3FY17, Thong Guan records a rm200mil revenue, with the 2nd Nano-line operating, the company's revenue can hit rm300mil revenue per quarter.

With the 3rd Nano-line coming in end 2018 (hopefully), Tguan may achieve rm400mil revenue a quarter in 2019 / 2020.

Profits should increase over time, but need to be very patient.

Tomorrow is the last day to collect before we embrace the earnings season again in February, which is coming Friday, Feb 2.

Most likely expansion will only start in 2019, as the company intends to finish it by 2020. It's only 2018 now people :)

Globetronics PE 58
Vitrox PE 38
Inari PE 28
Pentamaster PE 23

Wah, above rm4!

Way to go for George Kent as Malaysia is expanding its rail network aggressively to enhance connectivity.

Retail vs Investment Bankers :)

Ya, see if the market can rate it at 12x :)

Of course, if u ask me personally, I think Petron should be rated at PE 12 (a balance of refinery and retailing). Similar to some analyst call of 12.5x.

There are many spread margins to refer, one of them is the one below:

http://www.cmegroup.com/trading/energy/refined-products/singapore-mogas-95-unleaded-platts-swap-futures.html

However, according to the quarterly report, Petron's management used Brent Crude as a base line for comparison, so am merely following their analysis. Feel free to share some of your findings, so we could all learn from each other.

To pjseow: Ya, hope Petron delivers a better result + dividends, to reward us shareholders.

My latest analysis, with some data, hope it helps!

https://klse.i3investor.com/blogs/investmentopportunity/144745.jsp

Petron is a net cash company of rm113m, clearing off most debts in Q3FY17. I expect Petron cash level to rise to rm250-300m, and increase its net cash position to rm200m.

With such volatility, only 1 million shares transacted. Most are holding on to their shares for Q4FY17 result in February.

I am topping up Petron, as its not a pure refinery play, plus this year it should have 600 petrol stations (from 580).