I am holding on tightly to this stock..
it will recover on 2nd half 2017 strong profit recovery, strong net cash of rm80m, strong nta of 74cts, its divisified n niche businesses, its growth potential and supported by its strong coporate shareholders.

nta 17 cts....now the price is only 6.5cts

Ho Hup just announced a net profit of rm12.399M for its 1stQ result 2017.This translates to an EPS of 3.31cts or an annualised eps of 13.24 cts.
Based on 13.24 cts, PE is at 6.80 which is still considered reasonally good.
If you have studied the report, construction profits improved marginally while its property development profits dropped due to completion of project at Parcel A in Bukit Jalil.
On a good note, Ho Hup will be launching 2 major property projects in this year,
1)Parcel D at Bukit Jalil with GDV of rm500M
2)Mixed develooment in KK Sabah with GDV of 800M.
With its share of profit from JV with Malton at Bukit Jalil, I would expect its earnings ti improve.

Mui starts moving strongly today.

Its directors recommending 5 cts dividend in the next coming AGM.

waiting for 2cts dividend

refer company announcement on 27th Feb 2017.Thanks

Mui has many undervalued properties and assets undervalued in their books......
Now if you value all their prime properties in UK Australia HK KL etc its net assets will be much much more...This has been explained by Calvin in details...So invest because of its hidden value.

Hold ChuanHuat for strong assets of rm1.57 and dividend yield of 3.6%.

remember Chuan Huat has proposed 1.8cts dividend.

declared 0.85 cts dividend today.

Talam still owns hugh landbanks in klang Valley and these lands have appreciated many times.Investors may not have notice most of their landbanks have not been revalued in its book.
At the present price of 4.5 cts to 5 cts, its share is really cheap and it can't go down further.Recently the largest shareholder Chan has bought back a sustantial block of share at around 8cts.
Think about it.The shares are undervalued at this price.

Sanichi's condominium project in Malacca will contribute to its profit in the next few quarters.Buy now against its NTA of 19cts.

eps 18cts for fy ended dec2016.Recommending 5 cts dividend.

rm49.9M

protasco justannounced it has been awarded a road maintenance contract valued rm49.9 in Trengganu.
Also recently declared interim dividend of 3 cts per share.

Shin Yang is a Sarawak counter and is controlled by one of the richest families in Sarawak.Though the shipping industry is not doing well in the last few years the company has been able to make some profits.
Some investors will invest in Shin Yang counter because it is selling cheap at 31cts against its NTA of rm1.
Also the family is very diversified in other businesses like construction,palm oil,timber,retail supermarkets etc. and so you sure of the support of the largest shareholder.

Pansar is a Sarawak counter and a dividend counter.The family who controlled Pansar are well known businessmen in Sibu..you mentioned their family and everyone in the town knows them..
reputable businessmen and has been running this company for generations.
So if you want to invest in a good company which consistently give dividends you can pick this counter.
Also invest in Pansar for suppliers of Score and Pan Borneo highway.
Happy investing

better catch it cheap before it is too late....

JkG land is a good company making profits all these years and the main reason why they raise funds through rightsissue(cheaper than bank loans) is to fund their upcoming hugh ERA project at Segambut with a total gross development value of rm2.2 billion..First phase of the project is selling well at 50 % take up rate...So if you are thinking of investing in their ERA properties , another alternative is to invest in their shares for long term..
Latest financial figures show a reduced profit due to high financial administrative cost contributed by its ERA project...but it is investing for a good project which will bring in substantial profit to the company in the coming next few years.
If you have studied the abridged prospectus,the right issue is worth investing at 10cts per share when compared to its NTA of 20cts after the whole exercise.
Good day

NTA of Jadi is 17cts...

yes Alilbaba...today bursa is all about Ali baba

This morning touched 8cts....think going to run....NTA 17 cts ...latest quarter result making net profit.

proposed 2cts dividend today

recovering share ....in fact the company made rm718k profit before tax for the quarter ending Dec2016.
Zero borrowing with rm37million cash in hand for investment.
NTA of 10cts per share. Better than many other penny stocks in Bursa.
Just to share.

strong property assets in China and Malaysia. Catch it before it moves too high.

share price is only at 7 cts against nta of 17 cts..with good property assets.Buy.

Net asset per share is 44 cts.Cash in hand per share is 30 cts.Zero borrowing
Business improving.Buy for long term.
Collect now.

From the latest quarterly reult announced today the company's financial result has improved.
Turnover has increased by 50% to rm3.1 million compared with last quarter.
Net loss after tax has reduced by 28 % to rm887k.
I expect the company to break even in the next 1 or 2 quarter

cash per share is more than 30cts

Based on latest quarterly result ended 092016, the company earning recovered to a net profit of rm505k after tax.
Net working capital is 2.4 times and its borrowing is 39 % against total shareholders funds.
It's receivables is low and manageable and has good property assets.
Net assets per share is 16 cts compared to its current price of 7 cts.
At 7 cts my opinion is it is a good buy.

Latest Financial statement still solid.

Why target this company...there are many companies how many times worst than this.. at least their latest financial statement is doing well.

Based on the latest quarterly result and looking at its financials, I think M3 is still worth betting on for its recovery.
Strong working capital of 7x
Strong net cash of rm40million translating to a net cash per share of 6 cts.
Net assets per share of 10.3 cts
Almost zero borrowings
Launching of multiple new products/ services/improving sales in Pakistan and other countries.

Able jewel is a piece of freehold vacant development land in Mont Kiara situated at Jalan Kiara 3 measuring 130,000 sq ft (3 acres).It was purchased in 2012 for a sum of RM27Million.Based on comparative method(similar vacant freehold land in Segambut was transacted in 2014 for rm330 per as ft) the market value of its Mont Kiara land should be worth at least RM43million.Presently Able is doing the groundwork for launching of the condominium project and also applying for increasing its density.The project should be a success based on the experienced of its M.D. Dato Allan Lim who is also the controlling shareholder.Dato Allan is previously one of the boss of ex-Sunrise group together with Dato Tong kooi Ong ,both of whom are well known for the development of Mont Kiara.Sunrise was bought over by UEM Land in 2010.

Able has a small capital base of RM39Million(par value per share is 15cts) with NAT per share of 18cts and small borrowings.
In my opinion It is a good share to invest for long term at the present price of 9 cts per share.

Revenue is mostly in USD. Hence with USD strengthening now ,after converting to ringgit sales revenue for this coming quarter should improve compare with last quarter.
Should turn around this coming quarter

Weakening ringgit favouring Jadi.

Buy Jadi now...NTA 16cts...now selliselling price only 6 cts. Owns strong property assets.

If you look at latest financial result for 6 months ended 30-06-2016,earning per share is 1.65 cts.Today closing price of 18cts is worth a buy.

Cheap sale at 7 cts. Net asset per share after rights issue exercise is 22 cts.

PETALING JAYA: The private placement exercise by ManagePay Systems Bhd (Mpay) has attracted investors such as former Hong Leong Financial Group Bhd CEO Datuk Yvonne Chia and Fajarbaru Builder Group Bhd chairman Tan Sri Kuan Peng Ching @ Kuan Peng Soon.

The placement entails an issuance of up to 175.71 million shares, which represents 30% of its existing issued and paid-up share capital to third party investors at an issue price of 23 sen.

In a filing with Bursa Malaysia yesterday, Mpay said that about 120.82 million shares has been subscribed by independent third party for RM27.8mil.

It said Chia has will subscribe for 20 million shares for RM4.6mil, while Kuan will subscribe for five million shares for RM1.15mil.

Other investors include ConnectIoT Sdn Bhd will subscribe the biggest stake in the placement at 13.8 million shares. Followed by RedGiant Analytics Asia Sdn Bhd 26.47 million shares, Andrew Chia Wei Jun 12 million shares, Chu Hong Keong eight million shares, Chin Chee Thoy 20 million shares and Soon Kian Heng 15.55 million shares.

The proposed private placement is conditional upon the approval from its shareholders upcoming extraordinary general meeting scheduled on July 14, 2015.

Mpay had said that the bulk of the proceeds raised will be used to develop its electronic money (e-money) project via online wallet and prepaid card.

It said that assuming all 182.98 million warrants are exercised prior to the implementation of the proposed private placement, the maximum number of placement shares to be issued is 175.71 million.

As at yesterday, Mpay’s issued and paid-up share capital stood at RM40.5mil comprising 405.42 million shares.

Shares in Mpay closed 1.79% higher to 28.5 sen yesterday with1.8 million shares traded.

Lim A Heng @ Lim Kok Cheong is the executive chairman and GMD of Yee Lee and he controls 56.53% shares in Yee Lee indirectly and directly.He is also the president of ACCCIM in 2015.
He has a direct share interest in Mmode of 3.079%.

Lim A Heng @ Kim

Just realised that as per annual report 2015, the 2nd largest shareholder is Lim A Heng @ Lim Kok Cheong... also director of Yee Lee

Evergreen and hevea already moving up.
Coming next should be SYF

MPay also has some done private placements of shares recently to investors at 23 cts

Don't overlook...beside cash and fixed deposit Mpay also has rm47.3million in short term funds.