See the news about Perak Transit awarded contract by Kelantan Gov

Gov justified times and again., don't think it will back down, a chance to top up.

Uzbekistan solar plans.....suitable for solar power: many sunny days and lots of vacant land
https://www.youtube.com/watch?v=n4M8eghjfJo

So, why not more projects for Sun view on the way?

And 50 acres of durian maturing next year! So 2025, will have two more new income from EV durian sales!!

Proton eMas, EV end of year leh..... MBL will benefit from this

Expected Gadang to move :).....bcos Gadang has bagged 1 data center contract, what is stopping it to get 2nd, 3rd and 4th? Ong ah

Just as a quick reminder why buying HM:" .....HM went into oil palm. It hired experienced managers, a PhD scientist, and a team of workers to do the job. Bought 1300 acres for 21mil when the valuation was 30mil. The land also has 45 acres of durians, maturing in 2026.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3326384"
Durian in 2 more years :)

Buy mother direct more worth it, I think

Sudah jalan.....Potential profit 100% from share market?
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3453474

All the contracts renewals for 6 months only....,but think demand for passports should go up, given the visa-free travels to China and India.... may be gov just want to be careful with expenses and not sure of the numbers, so short term renewal each time?

Offering aesthetic on top of eye care, good business sense, so just top up some :)

Yes, large land see AR2023: 1. Freehold 44,471 m^2 (land) Mukim 7, Seberang Perai Utara, Pulau Pinang. 2. Freehold 11,416 m^2 (land) Lot No. 336, Tempat Thean Teik, Daerah Timor Laut, Pulau Pinang.

Aston Acacia final touch up......
See www.facebook.com/huayangberhad/
i like Huayang efforts to keep ppl updated on progress!

CNA reports on Malaysian young farmers.....
https://www.youtube.com/watch?v=zapYkkPqHjY

From May 30 QR:
"....The Group has launched the smart farming business in May 2023. In this quarter, the smart farming
business has commenced to generate revenue via selling the greenhouse to agriculture entrepreneurs.
Moving forward, the Group will also manage the greenhouse for the agriculture entrepreneurs. ..."

I participated in RI, because smart forming should be part of the future. Happy that the Greenhouse is in operation, pretty fast.

Please tell me, Malaysia has 40+ data centers, Singapore double this! Gadang has bagged 1 data center contract, what is stopping it to get 2nd, 3rd and 4th? So how will Gadang move?

so every 6 months one contract extension! How can not up?

Wow, great! But seems a bit too quick up leh, haha

1.3 sen, wow, the dividend is already reason enough for me!

https://www.sinchew.com.my/news/20240527/finance/5640023

Kancs: "...Gadang will shine towards end of CY24...when RTS Johor makes meaningful progress .."

Yeah, then is this not the time to load up? Today up 8% already.....

Waiting for that

My guess is some ppl are willing to sell to switch to the more exciting counters at the moment :)

Gadang Tan Sri Kok delivers......just check the progress of Bukit Chagar Station!

Yup, the right choice, SCGB you have not disappointed me!

Letters of extension for more passports? Need for even more and more passports due to visa free travels!

Wow, exciting finally. Have been keeping for some years, because if nothing happens, still got dividend every quarter :)

Have been saying scgbhd's cables are in demand....am waiting for it to go higher

Sarawak waking up.... am waiting for Pansar to fire up

@newbieee77 it depends on the type of account you have. If it's direct account, open tiih account and can convert through it.

Haha, nice observation! I believe in Sarawak'd future!!

Highline keeps buying, why?

Able to win 3 major contracts within last half year, looking at more positive returns.
@Value_seeker thanks for listing out all 3....i missed the 130m Disease Control Centre.

@jaynetan, Happy for you!
But it was too brief.....is it the local politics of the jail or the escalation of the wars overseas? But believe Sarawak will push on and so Pansar should be back!

Expecting going back to 60+

Wow,Dec just won 100mil, now another 269mil contract....https://www.thestar.com.my/business/business-news/2024/04/18/pansar-gets-rm269mil-water-treatment-plant-contract#:~:text=PETALING%20JAYA%3A%20Pansar%20Bhd%20has,.1mil%2C%20via%20open%20tender.

1 year+ ago....posted the below:
"I like HM going into oil palm. It hired experienced managers, a PhD scientist, and a team of workers to do the job.
1300 acres for 21mil was a good deal as the valuation was 30mil. Besides oil palm, the land has 45 acres of durians, maturing in 2026.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3326384"
Durian in 2 more years , just topped up some more :)

Ha ha, ya not really buta buta but MBL still retain the ~2000 acres of plantation right with ~90 year lease. Any news what MBL is going to do with this big piece of land??

That means buta-buta income of RM 10mil/224mil shares ~ 4.5 sens/share :) :)

So, correct me if wrong, basically MBL won, because it got 10mil (minus some expenses) from the Plaintiff, since Plaintiff paid 23.9mil as deposit and the refund is 13.9 mil only.

Everyone Happy Raya!

Guys, ACME is already out of the PN17 list, and its projects are doing well, think it's just a matter of time before ppl realise that...... Good luck!
Below is the Prospect of company summarised by ChatGPT for your reading pleasure:
"The Group has initiated phase 1 of Marina Residence, comprising 202 units across 3 blocks of 12-storey condominiums in Teluk Air Tawar, Seberang Perai Utara, Penang in February 2023, achieving a 100% take-up rate by February 2024. Due to the strong response, phase 2 is scheduled for launch in March 2024, with an estimated gross development value of RM100.04 million.

In September 2023, the Group launched Mandarin Residence, an affordable housing project consisting of 646 units in 2 blocks of 39-storey apartments in Bandar Baru Air Itam, Penang, with a take-up rate of 59% by February 2024, and a gross development value of approximately RM231 million.

Lagenda Etika Sdn. Bhd. (LESB), a subsidiary, has entered into agreements for a significant development project in Kuala Lumpur involving a service apartment block, car park, and commercial retail spaces on a 1.87-acre land with PERKESO, with an estimated gross development value of RM1.46 billion.

Moreover, the Group has formed a joint venture with Koperasi Kampung Melayu Balik Pulau Berhad to develop 178.34 acres of land in Balik Pulau, Penang, into a multi-phased integrated development, projected to yield approximately RM1.40 billion in gross development value. Both joint ventures are anticipated to positively impact the Group's revenue and bottom line in the mid to long term."

Anyone know how much one unit of Antara Genting is selling now?

Today very nice!
Since a couple of years back, keep holding to Hua Yang!
See www.facebook.com/huayangberhad/
i like the efforts to keep ppl updated on progress!

Just a reminder for newcomers .....
In 2020 AR:
"....the Group has acquired 2 blocks of agriculture lands in Muar, Johor measuring.... 50 acres to be planted with branded durians such as Musang King, Black Thorn and etc. ... expected to mature in year 2025 onwards and contribute positively to the Group’s result."
Next year durian mari!! See also nice video@ youtu.be/Upn1epkSy4c.

No one talked about Gadang received in Dec 2023 the 40 mil payment from Capital City Property Sdn Bhd (“CCPSB”) before due date (2025).....

Yeah, cantik......and those who chose to stay reap the fruits :)

@MZM2511 Thanks for the clarification. I found the announcement for land purchase in 2020, but not 2022.
I thought Bursamalaysia.com is the official channel and so all announcements should appear there?

Hmm, about the margin, still seem quite slim....the land cost 8.5 million few years back, so if we include interest, come to 9-10mil.
Hopefully someone who attend the EGM can get the management to clarify about this IJOK Developments.
(I do think their Genting Highlands Condo investments make good sense!)

@MZM2511 and kawan, Referring to the PP announcement
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3428455
One reason for the PP is the IJOK development.
I have several questions:
1. Were the purchase of the land in IJOK announced in Bursa? I could not find the announcements.
(Lot 1765, Tempat Batu 28 Ijok, Mukim Ijuk, Kuala Selangor,1.2368 hectares (about 3 acres) RM 4.8mil
and Lot 1766, 1.2419 hectares (about 3 acres) RM 3.7 mil)
Anyone has a knowledge of land prices in IJOK?
(Personally I find these land prices very high, considering they are 99 year ending 2077, about 50 years left only)

2. The GDV of the IJOK Development is RM 46mil. Construction cost RM36mil.
Does this construction cost of 36 mil include the cost of land?
(Hopefully yes. If not, then land cost =4.8+3.7=8.5 mil. Then total cost =36+8.5=44.5mil, i.e very low profit margin)

Would appreciate any comment. Surely hope Kanger prosper.....just want to clarify.

https://www.sinchew.com.my/news/20240311/finance/5455318