WHY I AM BULLISH ON FEYTECH?
1) Needless to say, it has solid FA and TA;. Watch closely for the bullish breakout where the 20-day MA crosses the 50-day MA!!
2) Importantly, the insider (ABRDN) had been actively buying at the 0.66 - 0.67 levels. Do you think they will allow the price to drop back to these level again???;
3) Domestic & overseas front looks favourable to Feytech;

Hwa Tat = Huat Tat!!

New substantial holder...new projects.
Small cap, easily cornered, LU is an absolute breeze!

VOLCANO manufactures a wide range of hi-tech aesthetic products for the various niche markets. A highly lucrative business!

PRODUCTS RANGE: -
1. NAME PLATE – A unique way to represent a company brand with superior custom designed nameplate. It can be made of various materials;
2. OVERLAYS – Printed surface that creates user friendly & functional interface. Selective texture surfaces are available to enhance the overall design of the overlays;
3. ALUMINIUM – Designed & formed into complex shapes likewise 3D dimensional products. It can enhance & add to the perceived value of the products;
4. STAINLESS STEEL – It has strong & long-lasting criteria to offer. Corrosion resistance & surface attractiveness. With additional design, it can add to the perceived value of the products;
5. ACRYLIC / PMMA – Transparent plastic material with outstanding strength, stiffness & optical clarity. Acrylic sheets are easy to fabricate & bond well with adhesive;
6. DOMED / EPOXY / LOGO – This additional process can be added on various substances like metal or plastic. It’s a simple & economic way to make the logo 30dimensional look;
7. DIE-CUT PARTS – Widely used on non-printed materials for insulation, spacer, gap filling, shielding, sound dampening & over-heating purposes;
8. NICKEL LOGO – Logos can be done in 2-D look and 3-D look;
9. PLASTIC / MOULDING – Injection plastic / molded plastic parts offer a flexible & durable option to the final products;
10. VALUE ADDED ASSEMBLY – One-stop solution to customers from manufacturing of individual part to the full assembly of complete unit;
11. OTHERS – Silk printing, off-set printing, tampo printing spray coating, laser marking, laser cutting & printing of circuit or membrane switch;

Work-from-home boom is a bust for big office furniture makers

Major corporations such as Google, Microsoft and Facebook have adopted work-from-home (WFH) policies to help contain the spread of the virus. Some have even gone to the extent of providing employees with one-off cash allowances to purchase home office furniture. Also, the cash handouts as part of the stimulus from the US government are reported to have spurred consumer spending on items such as home furnishing. This bodes well for furniture companies operating out of Muar, Johor, deemed the “heartland” of the local industry.

Public Invest Research expects the growth in demand for Malaysian furniture to resume once the global economy recovers and returns to normal in 2021, with potential earnings growth of 37% and 20% in FY21 and FY22 respectively.

Momentum building up nicely...cool :)

Phillip Capital Management Sdn Bhd chief strategist Phua Lee Kerk told theedgemarkets.com that the correction in the tech-related counters today was due to the fall in US technology shares, and also investors switching out from technology stocks to recovery plays such as consumer and services related sectors, as the economy recovery gained momentum.

“If you have made enough money (from the tech sector), you know that the upside is not that high; while the rest of recovery plays have more upside potential, essentially, you will take profit from the technology sector, then go into the recovery play,” he said.
https://www.theedgemarkets.com/article/local-techrelated-stocks-nosedive-us-tech-selldown-and-recovery-play-weigh-sentiment?type=malaysia

SYF should benefit from this rotational play!

Paiseh pang72... don't mean to disrupt your collection strategy.
Just too good to miss out at this current attractive low price!

HOW MUCH IS TECHNA X WORTH?
Earnings coming onstream from the supply of ultra-capacitors & super batteries: -

1) USD300m Confirmed Order Book
(i) Out of which approximately USD230 million is attributable to the KONE contract;
(ii) Average gross margin is approximately 40% or USD120m. Based on the exchange rate of 4.00, this is equivalent to about RM480m;

2) Potential USD250m worth of prospective contracts currently under negotiation;
(i) Prospective average gross margin is about USD100m or RM400m;

3) Expected Total average gross margin = (RM480m + RM400m) = RM880m!

4) EARNING PER SHARE (EPS)
(i) Confirmed Order Book's EPS = RM480m/1.437b = 0.33;
Based on PE of 10x = RM3.30;
(ii) Confirmed & Prospective's EPS = RM880m/1.437b = 0.61;
Based on PE of 10x = RM6.10 vs 0.185...Wahlow!!!

[TAYOR]

Opting for Pfizer only unveils the bad judgement made by the PM!
https://m.malaysiakini.com/news/552869

Esceram to benefit from the exponential increase in demand for hand formers with the additional production capacity coming onstream from these glove makers!
https://ibb.co/hRf59r6

China Sinopharm’s coronavirus vaccine taken by about a million people in emergency use
https://www.thesundaily.my/world/china-sinopharm-s-coronavirus-vaccine-taken-by-about-a-million-people-in-emergency-use-DX5220410?utm_source=dlvr.it&utm_medium=twitter

FOR EASIER REFERENCE - LIST OF AT'S HATERS
1) fengpinglangjin = 8 posts;
2)
3)

JUST ADD THEM ON....

Warming up very nicely :)

"Coronavirus mutation in minks could threaten vaccine efficacy."
https://amp.scmp.com/news/world/europe/article/3108909/coronavirus-mut...

Even with the FDA's approval, Phase IV might be of no significance!

"Coronavirus mutation in minks could threaten vaccine efficacy."
https://amp.scmp.com/news/world/europe/article/3108909/coronavirus-mutation-minks-could-threaten-vaccine-efficacy

Guys, its not about Biden win but rather the minks that could threathen vaccines'efficacy!

"Denmark, Italy, the Netherlands, Spain, Sweden and the US have discovered Sars-CoV-2 in minks, the UN agency said. The animals are kept in large numbers of farms and they have been found to infect workers, sparking fears that it might override the effectiveness of a Covid-19 vaccine."
https://amp-thenationalnews-com.cdn.ampproject.org/v/s/amp.thenationalnews.com/world/europe/six-countries-report-alarming-coronavirus-mutation-linked-to-minks-1.1107289?amp_js_v=a6&amp_gsa=1&usqp=mq331AQFKAGwASA%3D#aoh=16048142344886&referrer=https%3A%2F%2Fwww.google.com&amp_tf=From%20%251%24s&ampshare=https%3A%2F%2Fwww.thenationalnews.com%2Fworld%2Feurope%2Fsix-countries-report-alarming-coronavirus-mutation-linked-to-minks-1.1107289

Just bght last Friday and now this kind of negative news report surfaced! WTH?
"Denmark, Italy, the Netherlands, Spain, Sweden and the US have discovered Sars-CoV-2 in minks, the UN agency said. The animals are kept in large numbers of farms and they have been found to infect workers, sparking fears that it might override the effectiveness of a Covid-19 vaccine."
https://amp-thenationalnews-com.cdn.ampproject.org/v/s/amp.thenationalnews.com/world/europe/six-countries-report-alarming-coronavirus-mutation-linked-to-minks-1.1107289?amp_js_v=a6&amp_gsa=1&usqp=mq331AQFKAGwASA%3D#aoh=16048142344886&referrer=https%3A%2F%2Fwww.google.com&amp_tf=From%20%251%24s&ampshare=https%3A%2F%2Fwww.thenationalnews.com%2Fworld%2Feurope%2Fsix-countries-report-alarming-coronavirus-mutation-linked-to-minks-1.1107289

Excellent! The deal has been signed :-)
Congrats all KPS shareholders!!!

Diversified group Kumpulan Perangsang Selangor Berhad (KPS, the Group, Bursa: 5843; Bloomberg: KUPS:MK; Reuters: KPSB.KL) today announced that its indirect 30% associate company Syarikat Pengeluar Air Selangor Holdings Berhad (SPLASH Holdings) had entered into a share purchase agreement (SPA) with Pengurusan Air Selangor Sdn Bhd (Air Selangor) for the disposal of SPLASH Holdings’ entire stake in Syarikat Pengeluar Air Sungai Selangor Sdn Bhd (SPLASH).
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5926913

The water deal is to benefit the Rakyat, particularly Selangoreans & KL-lites, thats why we support PH and Azmin Ali. If the retailers support PH and in return deliberately got killed via KPS, I think the Rakyat would loose confidence & dump PH/PKR next round.

On grounds of fundamentals, KPS reflects a good value and hence its share price appreciates. Excessive manipulation by syndicates or Azmin Ali to dampen its price to kill investors or Raykat are morally not acceptable. Why fear retailers make money, when we can donate & support PH in its election campaign? Whats wrong for Rakyat to make legitimate money from KLSE via KPS? Fairly & morally, we hope the management/syndicate should think of rewarding the Rakyat, NOT to screw them via KLSE. The news of water restructuring is in the open, and the value of KPS is well noticed by everybody.

On grounds of mutual reciprocity, PH should magnanimously reward the Rakyat in this open game and rejoice together. Hence, using syndicate to manipulate its share price is definitely a stab in the back on the Rakyat or investors. I hope the PH leadership should think twice!!!

A STRONG POSSIBILITY OF KPS BEING TAKEN PRIVATE
1) Since more than 70% to 80% of the shares are cornered by the State Government and Tabung Haji, more reason to take it private;
2) As the current NTA = RM2.70 and SPLASH will be giving a cash value of between RM1.50 to RM1.60, the NTA would become RM4.20 to RM4.30!
3) So, a big Special Dividend may be considered or alternatively, KPS could be taken private;
4) Minority shareholders must consent to KPS being taken private to reflect its real value. Hence, it’s unlikely that KPS will stop at RM2.50. It is definitely worth MUCH, MUCH MORE!!!

Kumpulan Perangsang Selangor unit buys Penang land to build EMS factory
Sulhi Azman;theedgemarkets.com; July 17, 2018 20:00 pm +08
http://www.theedgemarkets.com/article/kumpulan-perangsang-selangor-uni...

Assuming the SPLASH’s deal is through, KPS will get between RM800m to RM900m. Knowing the present management, they will go around acquiring profitable (profit guaranteed) companies to add to their stable. Let’s hope some of these are given out as "Cash Dividend".
At the same time, the group’s profit bottom-line would be further boosted (going forward).

If KPS is generous, they should give a reasonably big Cash Dividend to reward its loyal shareholders.
Tomorrow...fly...2.04!!!

Latest Update: -
1) MB said the price of Splash already fixed.
2) Offering to Splash's shareholders soon.
3) Deal will be done within deadline set.
4) Monday fly!!!
MB: Nilai SPLASH sudah ditetapkan, kepentingan rakyat keutamaan
SELANGOR July 7, 2018 9:10 am
https://selangorkini.my/2018/07/mb-nilai-splash-sudah-ditetapkan-kepen...

Xavier Jayakumar confident of solving Selangor water issue

"I think this issue can be settled. We are going to push everyone to make sure that this objective is reached within the 30 days after I got the extension approval from the Cabinet meeting yesterday (July 4).
"I'm not going back to the Cabinet to ask for another extension so I'm very confident that we will handle it within this one month," he told reporters at the press conference during his site visit to Langat 2 water treatment plant today.

http://www.theedgemarkets.com/article/xavier-jayakumar-confident-solving-selangor-water-issue?type=malaysia

CGSCIMB Research; The Edge Financial Daily;
July 05, 2018 11:15 am +08;
1) "We expect a new takeover offer by Aug 4 valued at at least 0.8 times P/BV, considering the possibility of a haircut or discount, as mooted in the past." 
2) "If the SPLASH deal is successfully concluded, we believe this will pave the way for long-delayed structural changes in Selangor’s consolidated water operations, the roll-out of backlog water capital expenditure (pipe replacement, non-revenue water reduction and new water treatment plant capacities) and a full-cost recovery model possibly through a scheduled water tariff increase. This will address the cash-flow deficit and unpaid receivables along the entire water treatment and distribution supply chain." 

http://www.theedgemarkets.com/article/all-eyes-splash-deal?type=corporate

KPS’ subsidiary clinches RM20.0 million Air Selangor
pipe replacement contract
• Smartpipe Technology Sdn Bhd (SPT) to replace existing pipeworks
with Mild Steel (MS), Ductile Iron (DI) pipes and High-Density
Polyethylene (HDPE) fixtures

Shah Alam, Malaysia, 2 July 2018 – Diversified group Kumpulan Perangsang Selangor
Berhad (KPS, Bursa: 5843; Bloomberg: KUPS:MK; Reuters: KPSB.KL) announced that its
subsidiary, SPT secured RM20.0 million contract from Pengurusan Air Selangor Sdn Bhd (“Air
Selangor”) to replace existing pipeworks in Hulu Langat and Kuala Lumpur. The key scope
includes supplying and installing MS pipes, install DI pipes and HDPE pipe fixtures.
The contract works will cover 16.3 kilometres and will be implemented in seven areas, namely
Jalan Cheras – Klang, Hulu Langat Road, Jalan Cheras Hulu Langat Road, Pumping main Taman
Segar, Pumping main Bangsar Ville, Jalan Jintan Taman Supreme, Pumping main Sri Hartamas
and Kg. Seri Delima.
The contract is estimated to be completed within 15 months from its commencement date on 9 July
2018 and hence is expected to contribute positively to the Perangsang Selangor Group for the
financial years ending 31 December 2018 and 2019.
Ahmad Fariz Hassan, Chief Executive Officer of KPS said:
“In comparison to the traditional Asbestos Cement (AC) pipes, the right use of MS, DI and HDPE
pipes at the right locations would highly reduce the potential occurrence of water leakages while
being cost effective at the same time.
As such, this contract win from Air Selangor reinforces the Selangor state’s steadfast commitment
to reducing its non-revenue water (NRW) rates, as well as attaining better water management to
safeguard Selangorians’ well-being.”
Air Selangor had reported in January 2018 that it had successfully reduced NRW rates in the
Selangor state from 32.6% in 2015 to 30.1% by end-2017, saving 82 million litres of water per day.
It aims to reduce the NRW rate further to 28% by end-2020.

KPS holds 60.0% equity stake in SPT via its wholly-owned subsidiary, Nadi Biru Sdn Bhd. SPT is
an engineering company offering an integrated solution to water and other utility companies for the
maintenance of their pipeline assets.

http://www.klsescreener.com/v2/announcements/view/28893247

Tomorrow limit up!!!

Selangor to impose 'reasonable' water tariffs after restructuring – Azmin; By Bernama | 2018-07-01 20:36:38

KUALA LUMPUR (July 1): The Selangor state government will impose reasonable water tariffs once the restructuring of the state’s water industry has been finalised, which is soon, said Economic Affairs Minister Datuk Seri Mohamed Azmin Ali.

He said Prime Minister Tun Dr Mahathir Mohamad and Selangor Menteri Besar Amirudin Shari met recently to discuss the matter and the restructuring of the state’s water industry  would be finalised in accordance with the master agreement signed in 2014.

“The restructuring of the water industry services in Selangor has been delayed for a long time because of the lack of understanding and cooperation between the previous federal government and the state government, but now it will run smoothly as there is good cooperation between the state and federal governments under Pakatan Harapan,” said Azmin, who is also Member of Parliament for Gombak.

He said this at a press conference after launching the Gombak Setia Citizens' Service Centre, and attending an Aidilfitri celebration organised by the Selangor government in Gombak today.

http://www.theedgemarkets.com/article/selangor-impose-reasonable-water-tariffs-after-restructuring-–-azmin?type=malaysia

Post SPLASH’s deal, the maintainable earnings would be derived from pipes replacement and rehabilitation contracts in the tune of RM5Billion over 10 years.
Granted that open tender system is adapted, the Smartpipe Technology would have a cutting edge over others. This trenchless technology using laser and ultrasound technology would be effective in reducing Non-Revenue Water (NRW) drastically and can be applied across the country. Hence, the maintainable earnings of KPS would be very strong.
So, my recommendation would be “BUY”!!!

Going forward, the lifeline of KPS lies on this modern technology...SMARTPIPE.
1) KPS enters JV to maintain water pipelines - its unit Nadi Biru Sdn Bhd has invested 51% in the equity of Smartpipe Technology Sdn Bhd (SPT) for RM5.1mil.
https://www.thestar.com.my/business/business-news/2016/03/21/kps-enters-jv-to-maintain-water-pipelines/#TO3Acmy6STUhEtpC.99
2) Smartpipe - A new life for ageing pipelines.
https://youtu.be/xWgkYIUajmg

With Mahathir now adhering strictly to the Rule of Law, Azmin’s task has been made very easy...meaning to say, SPLASH's valuation will be at 1x book value (estimated @ 2.8bil). This is in tandem with the acquisition of the other 3 water assets, i.e. Puncak, Abas & Syabas.

KPS's share of 30% SPLASH would translate into some 800m or 1.60/share. Assuming current fundamentals of KPS reflects 2.00, this would mean KPS will be worth 3.60! Therefore, the price of KPS is greatly undervalued.

Currently, State and Fed are busy fine tuning the details of the agreement. Going forward, KPS will benefit immensely from alot of water related contracts.

Key players and Fund Managers are eyeing this counter waiting for volume.
With the groundswell of support now, if Pakatan wins, it will fly!!!
Grab all you can :)))
#Aeon Tebrau #TMJ #RM3000

Kumpulan Perangsang Selangor unit partners China-based printing firm to produce offset carton boxes
By Erika Benjamin | 2018-04-09 19:12:37

KUALA LUMPUR (April 9): Selangor government-linked firm Kumpulan Perangsang Selangor Bhd (KPS), via its subsidiary Century Bond Bhd, is partnering a China-based printing firm to produce offset carton boxes for the manufacturing sector, which KPS expects to contribute to its future earnings.

The partner, Honda Printing Holdings Ltd, will hold a 40% stake in the joint venture firm — Imej Harmoni Sdn Bhd, which will have a combined investment of RM2.87 million — while Century Bond via its unit Pro Pulp Packages Sdn Bhd, will take up the controlling stake of 60%.

Headquartered in Shenzhen, Honda Printing, which specialises in printing, packaging and design solutions, serves numerous multinational clients in the manufacturing sector across China, Malaysia, Vietnam and the United States, according to KPS. Century Bond, meanwhile, currently manufactures a wide array of packaging solutions, including carton boxes.

This JV with Honda Printing will enable it to extend its value-chain into offset carton boxes, where the outer layer of the box is laminated by a printed sheet to provide finer and more vibrant printing, KPS said in a statement today.

The JV firm will operate from a factory in Johor Bahru that has a built-up area of 18,000 sq ft, with a total production capacity of 16 million pieces per year. Operations of the JV firm "are expected to commence in the second quarter of the financial year ending Dec 31, 2018 (FY2018), and contribute to earnings henceforth," KPS said.

KPS chief executive Ahmad Fariz Hassan said the JV combines the expertise of the two companies in the downstream production of carton boxes, and the upstream services of design and printing.

“With this, the JV would greatly enhance Century Bond's capabilities, extend our product range into offset carton box production, and open up new markets in the future. Moreover, the JV would have a strong cost advantage compared to other players, leveraging on Century Bond’s current expertise in producing the raw material of carton boxes,” Fariz said.

“We are very positive of the prospects of our manufacturing segment through Century Bond, and look forward to grow the manufacturing business further,” he added.

At market close, KPS shares rose 2 sen or 1.57% to settle at RM1.29, bringing a market capitalisation of RM638.725 million.

http://www.theedgemarkets.com/article/kumpulan-perangsang-selangor-unit-partners-chinabased-printing-firm-produce-offset-carton?type=malaysia
http://www.hondaholdings.com/index.php/wo/index/typeid/32/t/en.html

Either party wins, KPS will also fly.
However, if Pakatan were the winner, KPS will benefit the most. It will then become the exclusive vehicle for the party.
The paid-up capital can then be ballooned to RM2B to accommodate for bigger assets' injections, i.e. infrastructures & utilities...all of which are recession proof businesses.
Very rare to find such a prospective counter selling at this price.
A Blue Chip giant in the making!!!

http://www.m.malaysiastock.biz/Company-Announcement.aspx?id=1044946
Perangsang Selangor wishes to announce that the Proposed Acquisition has been completed today in accordance with the terms of the SSA.
With effect from 27 March 2018, CPI has become an indirect wholly-owned subsidiary of Perangsang Selangor. Accordingly, PCM Manufacturing Sdn Bhd, a 60%-owned subsidiary of CPI, has also become an indirect subsidiary of Perangsang Selangor.
This announcement is dated 27 March 2018.

SPLASH’s deal aside, the profit growth prospect from KPS’s diversified acquisition of these 3 manufacturing companies (KK+CB+CPI) is poised to take the share price above RM2.

http://klse.i3investor.com/m/blog/koonyewyinblog/152033.jsp
KYY - "I have a proven track record using my method. Among all the various stock selection criteria such NTA, cash flow, return of equities, amount of receivable, debts, bank borrowings, healthy bank accounts etc, the most important consideration is that it is showing increasing profit every quarter in the last few quarters. Profit growth prospect is the most powerful catalyst to push up the share price."

Take the cue from this oldman before KPS fly :-)

TA looking good.

A very auspicious CNY to all KPS investors.
Pls be alerted that a "Flying Dog" is borned.
Two immediate positive factors to kickstart the counter: -
(a) The new acquisition of CPI Penang Sdn Bhd will be giving a big earning push of at least RM25m for the next 2yrs; (https://themalaysianreserve.com/2018/02/15/kumpulan-perangsang-selangor-buying-cpi-penang-rm250m/), and
(b) With Q4 coming out by end-Feb, historical EPS will be at least 20sen. Therefore, EPS for 2018 should be at least 25 to 30sen, not taking into account SPLASH'S deal.
This translates into a conservative share price of RM3 to RM3.50!!

KPS is 63% owned by the Selangor State Government (K.D.E.H).
And more than 25% is owned by Fund Managers and Institutions.
Theoretically, only 5% to 6% of the shares are left in the market.
So, it's easy meat :-)

With regards to SPLASH's offer, behind the scene negotiations are on-going. At any moment, the offer will surface...estimated at RM2.975b (equity portion).
In tandem with market conditions, this is a counter for good play.
At the same time, Pakatan Harapan is on a unity drive...BUY!!!

It is obvious that the deadline has to be extended as the Oct 5th deadline has since expired. This does not mean that the deal cannot be done by tomorrow. The acquisition process may take some time to complete. It has to be done by hook or by crook as agreed in the master agreement.
Hence, Azmin's reply in the State Assembly cannot be construed as negative. As long as both the Fed & State Govt are still talking, the deal is very much alive.
The immediate catalyst will be this coming Q3 results by end of November. EPS is estimated to be around 7sen or an estimated annualized EPS of between 22 to 25sen. Based on a PER of 10x, the share is worth about RM2.20 to RM2.50.

ANOTHER WHITE ELEPHANT IN THE MAKING?

The Langat 2 Water Supply Project is part of the Pahang-Selangor Raw Water Transfer Scheme (PSRWT) implemented by the Ministry of Energy, Green Technology and Water (KeTTHA). The raw water will be transferred to Langat 2 from Sungai Semantan, Pahang through a transfer tunnel, where the water will be treated and distributed to the Klang Valley. It is a major water supply project for the states of Selangor, Federal Territories of Kuala Lumpur and Putrajaya, envisaged to provide sufficient treated water to these states.
http://www.salcon.com.my/project/langat-2-water-treatment-plant-selangor
http://langat2.com/project-layout-plan/

Barring any further hiccups, this project should have been near completion by now.
“The Langat 2 water treatment plant project is expected to be completed in October 2017, said Pengurusan Aset Air Berhad (PAAB), chief executive officer Datuk Ahmad Faizal Abdul Rahman.
http://m.thesundaily.my/node/381609

As such, any further delay on the part of either the Fed or State Govt in concluding the SPLASH’s deal will mean that: -
1) Fed will incur a huge cost in servicing the debt of funding this project (estimated at RM6.225b).
http://www.ssig.gov.my/blog/2012/08/01/langat-2-water-treatment-plant-project-cost-rm6-225-billion/;
2) Every year delay means the Selangor Govt loses RM300m in lost profits;
3) Besides, the delay in the implementation of the new pipeline's network will result in continuous over-loading of the existing old pipes causing them to burst regularly. This is severely affecting the people. Many are suffering as a result of being deprived of a consistent supply of clean water;

Hence, this cannot go on forever and both Governments have to complete the SPLASH deal asap in order for Langat 2 to move forward..

Pendek kata, “Politik mesti diketepikan manakala kepentingan rakyat harus diutamakan”!!!

The two Govts are more than willing to strike a quick deal.
If Fed drops the 40:60 formula, Selangor Govt will bite.
Fed would then be able to execute Langat 2 to complete the water consolidation exercise.
I think a discount on the valuation (say 10%) would mean a valuation of between RM2.5B to RM2.6B. This amount is sufficient to take care of Gamuda’s divestment cost. KPS/Sweet Alliance would gain RM750M each.
In total, a win-win deal for everybody, including the Rakyat.
Fed must put on its “THINKING CAP”...facilitate not hamper the deal.

Sifu Icon has spoken.
Thank you for allaying the fears :-)

The slick clown is trying to repeat his old trick again...taking small retailers for a ride by manipulating the counter!!
Icon8888, pls help to comment further....

Past Q4 results were traditionally announced on a Thursday: -
1) 21/3/2013 - Thursday.
2) 27/3/2014 - Thursday.
3) 26/3/2015 - Thursday.
4) 24/3/2016 - Thursday.
Hence, this coming quarter will very likely be announced on a Thursday too, i.e. 23/3/2017.
So guys, hoot kaw2x...huat arh!!

Compare with it's peer such as DUFU & NOTION, the price for COMCORP should be trading between 1.00 and 1.10 by now.
So, grab it before it's gone!!

Due time to reward it's loyal shareholders with dividends, bonus and a respectable share price befitting it's standing as a listed company.
I hope the main shareholders will redeem their honour.

High time for all investors to take note.
Icon8888 was right that this stock will fly.
A "Dragon Fly" has been formed.
Comcorp is ready for take off!!

It's time to accumulate more :)

The Federal Court in Federal Court Civil Appeal No.: 02(f)-12-03/2016 (W) has fixed 30 November 2016 for hearing of the appeal.

Expect a payout of up to RM15M!!

https://efiling.kehakiman.gov.my/eFiling/WebRequestEntry?PAGE=999998&PARAM_WS_NAME=SEARCHWS&STR_CASE_NO=02-12-03/2016&STR_COURT_LOC_ID=7fdf0bdc-9449-469f-bf37-8ccedc4d6275

MATERIAL LITIGATION – Pending GOJ (Grounds of Judgment).

https://efiling.kehakiman.gov.my/eFiling/WebRequestEntry?PAGE=999998&PARAM_WS_NAME=SEARCHWS&STR_CASE_NO=02-12-03/2016&STR_COURT_LOC_ID=7fdf0bdc-9449-469f-bf37-8ccedc4d6275

Case No - 02-12-03/2016;
Heard Before - Jumirah Binti Marjuki;
Status - Active;
Schedule Date - 22 Sep 2016 9:00 AM;
Venue - Active Aras 2, Pejabat Pendaftaran Mahkamah Persekutuan;
Application & Encl - [PK ](Pending GOJ Dr Badariah)

@VenFx - Just to add-on to your par excellence article...your extra bonus is right on-track.

MATERIAL LITIGATION - Further to the case management held on 20 Jul'16, the Federal Court has finally scheduled a date for the Grounds of Judgment to be heard, i.e. on 22 Sept'16.

Suffice to say that the verdict will be as predictable as the unnamed "Malaysian Official No 1"....so, get ready to celebrate with a magnum bottle of exclusive Cristal Champagne. Cheers!

@Elixir33 - Regrettably, what transpired on 21 June whereby Comcorp’s share price dipped sharply by 27 sen or 28.88% to 66.5 sen with 30.65 million shares traded within the last 20 minutes of the trading day was a classical case of “pumping-and-dumping”.

Having been served with an UMA query by Bursa on the same day itself, the owner must have told the syndicate to lay off. Moving forward, minority shareholders and retail investors should gang up and refer them to the Security Commission (SC) and Minority Shareholder Watchdog Group (MSWG) for excessive manipulations of its share price should such an incident recur.

As a matter of factually, Comcorp’s fundamentals were sound even up to the point of the plunge. Its PE was at an attractive level of 8.31x while its latest net profit for Q4FYE1/16 jumped to RM6.11mil year-on-year from RM708,000 previously (Q3FYE1/16: RM4.75mil).

As such, the owner owes the minority shareholders and retail investors a “duty of care” in restoring the share price to reflect its true intrinsic value based on a fair PE of 10 to 12x. Such due diligence will definitely restore confidence. At the same time, it will invite more investors (both local & foreign), fund managers, stockbrokers/remisiers and underwriters, among others to participate in its explosive growth potential...a win-win situation!