TP RM3 before the year of the dragon

After finished converting its preference shares to ordinary shares, it will shoot up

This nambaewang will declare dividend next month😁

Minetech Resources Bhd announced a slew of boardroom changes including the appointment of Emma Yazmeen Yip Mohd Jeffrey Yip as executive director. She is young 🤓

https://www.thestar.com.my/business/business-news/2024/01/16/minetech-resources-announces-slew-of-boardroom-changes

no need to buy or sell for the time being. Just watch this great show 😁

Minetech starts moving differently with SCIB. Wait for it to bounce back after this heavy selloff

Market sinks into red sea...dnt make irrational decision and throw all your shares

wow, hottest trading stock today. Wait for it to find its supporting price and then tap in again

Genting Malaysia Bhd’s additional equity injection into US-based Empire Resorts Inc is expected to yield returns over the next two to three years.

In view of the equity injection, Kenanga Research said it is maintaining its earnings forecast for GenM.

“We keep our financial year 2023 (FY23) to FY24 earnings intact as GenM is essentially using its balance sheet to bolster an investment with an 89.6% economic interest.

“More importantly, we expect Empire’s operations to gradually normalise with profits to show over the next two to three years,” it said in a report yesterday.

Minetech participated in MRT projects before. May be it will get involved in RTS project as well, hehe

https://minetech.com.my/construction-civil-engineering/

Sell on good news today? https://theedgemalaysia.com/node/696947

Minetech will continue to generate profitable performance under the leadership of Premier Sarawak’s son 😎

GenM going up together with Genting today 😁

People who caught it early last month are laughing to the bank right now 😁

Kenanga stays 'neutral' on tech sector, anticipates cycle bottom and recovery in 2H. https://theedgemalaysia.com/node/696122

Minetech Resources Bhd is a Malaysia based company primarily engaged in the production of quarry products, civil engineering works, production of asphalt premix products and production of bituminous products. The products produced by the company are sold to developers or contractors in the property development or construction sectors. Quarry products division includes extraction and the sale of granite quarry products. It offers civil and property construction services, such as blasting, roads and drainage, earthworks, and water reticulation and sewerage. The company is quarries and premix manufacturing facilities are all located in Malaysia.

Back to profitable for FY2023

Got new projects coming in I guess. That explained why the director kept collecting the company shares 🙂

Rm8.60? need to wait for one year I guess

Riding up gradually in the expectation of good quarter result from TG 😉

wish I had collected enough at 6.7x there

tap in some to ride with the imminent goreng wave 😁

wow, it drops after you sold, James_Bond😮

You should book early, speakup, especially during school holiday and Christmas period

topglov is gonna release Qr this month. This counter might go up that time

@THE ROCK. We all hope so as people who had averaged down the share can see a paper gain

Will see buying volume flowing in before 11 Sep (ex date of dividend) I guess

Property cycle is back !

Me waiting at below Rm7 to do averaging

We can look forward Radium to launch more new properties, especially in KL as the company had proposed to acquire two pieces of land there

Selling pressure appears on Genting stocks today... Wonder why

Forgot to mention that Radium is still in a net cash position, boasting cash and short-term deposits totaling RM427.42 million as at the period

Very good. It turns profit as expected in Q2

@Matestore. Don't be misleading. There were no this line in prospectus !!

btw, its revenue in this quarter was contributed by Residensi Vista Sentul, Suite Canselor and Residensi
Desa Timur projects. More revenue will be generated through its expansion of business through the acquisition of landbank(s) and joint venture arrangement(s) for future projects in Klang Valley.

@Matestore. You think Radium will release all the unbilled sales in Q2 sekali gus?! Don't be a silly baby(i). And the market cap is more than 1 billion is due to its large NOSH

A company's depreciation expense reduces the amount of earnings on which taxes are based, thus reducing the amount of taxes owed. The larger the depreciation expense, the lower the taxable income, and the lower a company's tax bill.

https://www.investopedia.com/ask/answers/031815/what-tax-impact-calculating-depreciation.asp#:~:text=A%20company's%20depreciation%20expense%20reduces,lower%20a%20company's%20tax%20bill

Radium is now climbing up gradually, day after day. Good sign

Interest only $25 m and depreciation is just a 'tool' to lower a company's tax payment, doesn't cause any cash outflow

More shares issued can attract more investors lor and potentially lead to a higher trading volume

How come LA is not doing well? Their spending power is quite strong and the business was already spiking from Q4 2022 alrdy

https://www.asgam.com/index.php/2023/02/24/gentings-resorts-world-las-vegas-achieves-record-revenue-ebitda-in-4q22/

EGM next month. Wonder they will present any good news after that or not. hehe

Turn profit is good enough in Q2

Goreng signal appears in this counter?

Guess people reinvest it using dividend money to ride on this property wave

They might skip to raise FED rate in September...

This Radium still holding up strong at 35.5 cents there. Someone named kurang upaya said 30 cents should slap his face hard

Turun sikit saja, still holding up above Rm2.60

Potentially it will move up before Hari Merdeka 😁

Breaking 2.70 alrdy. Yay