Tomorrow hope can touch 37sen.

Why still called YBS as scam.
Previously, Enovix want YBS to commit USD70mil for the machinery investment. Many analyst view this as very risky move, as YBS size is relatively small compare to this USD70mil investment.
Now, Enovix has take the initiative to solve this problem, whereby ENOVIX will self invested the USD100mil machinery, and YBS no need to invest any amount, what YBS need to do is to help them to operate the machinery and monitor the manufacturing process, and YBS can earn a mark up on top of it.
So, it should be a good news, as this move has mitigate the risk of investment, and with the USD100mil capital invested by ENOVIX, the chances of this project is a scam is getting lower, no point ENOVIX spend USD100mil if they know this is not working.

Ekovest, it is time to wake up.

I have made a dream last night.
I have dream about Tan Sri LKH proposal was successfully executed.
Knusford has announce share split of 1:4, on the basis that its NTA has reach RM2.40, so split into 4, become RM0.60 each share.
Then EKOVEST & IWCITY share price has surge to RM0.80 after the merger executed.

Can't wait d, today bought some at 34sen. Balance still queue at 33.5sen.

No match... Friday continue to queue. Haha

Queuing at 33.5sen, very limited bullet left.

撇开LKH个人的影响力，现在能左右 Ekovest的只有：-

1） HSR Project
2) RTS Project related property development
3） JBSEZ
4） DUKE Phase 2A

据我所知，LKC 和 LKH 是不合的。
就是这原因，LKH花了很多时间解决LKC, 你可以看到这一年LKC慢慢的减持Ekovest的股票，退出ExecutiveDirector的位置，自己回到自己的公司 （Lim Seong Hai Capital). 你也可以看到Ekovest用低价卖了一些地产给Lim Seong Hai Capital, 因为可能这些地产都是LKC之前帮公司收购的，现在为了弥补LKC过去在Ekovest的贡献，把一些地产及project给予LKC.

以上都是我的猜测 （路边社），如有雷同，纯属虚构。

这次的收购合拼案可是狠狠的给股民们上了一课。
就算我本人有着20年马股的经验，看过无数的收购案，也摸索出一些技巧，懂得分析什么是真正的收购，什么是虚假的收购 （只是为了炒高股价，然后就取消收购了），但讲真的，我也没想过这个收购案可以延迟那么多次，也没想过股价会跌那么多，那么久。
当初收购价在定在60sen左右，这是一个很低的价格，老板也没意识要推高，我就知道股价一定会压低，理由是股价一定要低过收购价，市场才会接受。当时心里的底价是大约是45sen左右 （30% below issued price)，所以50sen 以上先买一些试水，45sen 以下我都放心的买，40sen 更是大买特卖， 36sen 也是有钱就买， 现在更便宜了，可惜钱也剩下不多，可以买的都买了，只能等待林老板决定。

I am still queuing at 33.5sen.

TOD land purchase extend again.
Next week can get even cheaper 0.34... haha

再给丹斯里多一点时间吧。
这种大合拼计划是很难的，牵涉太多利益关系，又要解决内部问题，又要解决外部问题，股东的利益分配，又要配合国家的政策（比如 HSR， JBSEZ), 又要配合国际局势 （比如 美国降息， 日本生息， 中东打战）。

但我始终相信，丹斯里的这项计划是对的，Ekovest 极度需要合拼及扩大，才能更好的发挥，才能有资格和一些Fortune500 大企业合作。

巨江集团马来西亚海外富洋工厂项目正式启动，占地22亩，规划产能800万只.

Assume each units of battery selling price is RM100, and assume current production capacity is only 30% of the 8mil.
It will be equal to 2,400,000 x RM100 = RM240mil revenue.

Assume profit margin is 5%, then we can expected RM12mil net profit.

巨江集团始创于1999年，是一家专业从事蓄电池电池研发、生产、销售的综合性企业，员工1600人，拥有世界先进的蓄电池生产线。年产值50多亿元；公司自创立以来，始终坚持自主创新，取得了国家高新技术企业、中国驰名商标、浙江名牌产品等多项荣誉。

Current NTA is 77sen, while share price 36sen only, very safe to invest.

Based on the MOU signed on 2019 between ABM FUJIYA and JUJIANG ENERGY, the proposed investment value is approximately RM500 million is the proposed budget for the Parties to set up a new battery
manufacturing plant which include, amongst others, the acquisition of land and
construction of plants and machineries.

Currently, AMB has only incurred around RM150mil on this new factory, as now they only setup 3 production line, and the factory actually can accommodate more production line.

Therefore, we can expect that ABMFUJIYA revenue will at least grow up 200-300% within the new 2-3 years.

China company has invested RM48mil for 40% of the share, it mean the company is worth RM120mil (100%).
Current market cap is only RM67mil.
And company mentioned that once the China company became their shareholder, their revenue will be increase substantially, as China company will place substantial order with ABM Fujiya.
Please take note that the RM48mil is for the share of one of its subsidiary only.
Patient is the key to success.
Expected it will take 3-6 month for the acquisition to complete, as it required EGM approval.

78.50 is dirty cheap price.
So sad I am lack of money to top up.
Too many fund stuck at other counter d.
The 1st half year is very good, 6 figure gain.
Then 2nd half year is doing like a shit, 6 figure loss. Haih...

Engine start...
Next week if China stock market booming, CPO continue up, TDM will challenge 26.5sen

@Antifanaticracism, we are not arguing whether high NTA or low NTA is good.
My main point is 99speedmart 8.75sen NTA is not a solid foundation.
I will calledit solid foundation is the NTA is 87.5sen.
Just like QL, the share price is RM4.70, NTA is RM1.25.
Although it share price is still 4 times of its NTA, but at least this RM1.25 NTA provide us a solid foundation.
If today QL NTA is only 12.5sen, then I will said QL do not have a solid foundation.

@hughug, MrDIY is 19sen, not 0.19sen.
You can refer to its quarter report.

@hughug, NTA 8.75sen consider a solid foundation?

Share price is RM2.28, NTA only RM0.0875, this NTA is the biggest weakness for 99Speedmart.

If you look at QL, it has RM1.25 NTA.
If you look at MrDIY, it has RM0.19 NTA (still better than 99speedmart)

So NTA is the biggest weakness of 99speedmart.

What wrong with Chlorinated glove?
Based on my understanding, all powder free glove are Chlorinated.
If you donwan Chlorinate, the go for traditional glove with powder.

What wrong with Chlorinated glove?
Based on my understabding, all powder free glove are Chlorinated.
If you donwan Chlorinate, the go for traditional glove with powder.

Feel very disappointed that Eplas Global IPO listing has nothing related to SWSCAP.

Feel being cheated, as all this while I thought both of the company "Elianware" and "Eplas" are under SWSCAP.

Seem like no good news announced in the AGM.
Share price continue to drop.

Back to 2 years ago, YTLPower share price is 60 sen, and NTA is RM1.70.
That we called "undervalue".
Now, share price is RM3.50, NTA is Rm2.50.
Got undervalue meh?
How you sure YTLPOWER can continue generate more profit ?
How you sure its profitability wont drop back to the level like Year 2022?

YBS = Your Ball Suck.
In other country, investment in stock in accumulating wealth.
In Malaysia, investment in stock is diminishing wealth.
My wealth is reducing everyday, every minute.
Really Sien.

I believe everything is planned and controlled by the boss.
They purposely press down the share price.
I not sure what is their agenda but I am very sure the share price is being pressed.

Current market cap is below RM200m, still got big room to improve.

USD100mil investment = RM450mil investment.
Assume ROI is 8-10%, then we can expecting YBS to generate RM40mil - RM45mil net profit per annum.
If YBS really can achieve this profit, then YBS market capital should be at least RM800-900mil (based on 20 PE)

I think they purposely press down the price for private placement.
After PP done, the share price will back on track.
So Aug/Sep 2024 is the last month to collect cheap ticket. Once PP is complete, and once ENOVIX start receiving order for its battery production, then YBS will shoot up to RM1.50.

Kossan result is out, and it is below expectation.
Could it be some of its client has been swallow by our Taikor Top Glove?
If this is the case, then this coming QR we could expect RM80-90mil of PAT from Top Glove.

Another CEB is the making?
See you below RM1.00

But don't worry, I believe revenue drop could be highly due to the Red Sea crisis and cause some of the June'24 sales postpone to July'24.

If this is the case, then you can expect next quarter Q3'2024 to achieve PAT of minimum RM70-80mil (assume at least RM10mil profit brought forward from Q2 to Q3)

Danco result is not bad.

QR boom...
50% lower than my expectation of RM60mil PAT.

I think the basket is full with Ikan Bilis first.
I take profit n cabut first, RM4.20 is already above my expectation.
Good luck everyone. Wish you all the Best!

@UncleFollower, no choice, the game is controlled by those big institute player. They are observing how many ikan bilis in the net, if not much, they will push up the share price to attract more. Once the net is full with ikan bilis, they will start hunting, short sell until the price break new low, then repeat again.

For us, we treat Bursa a place to reserve and generate wealth for long term, for those institution player with billion of hot money, it is just a place for them to hunting, they have no intention to park their billions into 1 counter and wait for it to grow over the years.

Bursa has yet to release the result, how come NST already reported the news?

Something big is brewing...
Within 2 days 2 Director is resigning...
Not sure is good thing or bad thing...

New director will be appointed soon? From Enovix? Or appoint new director with more professional background? As now YBS will be mainly liaise with Enovix this type of Nasdaq company, so it may need a professional management team which able to handle those Fortune 200 global clients.
Or instead of appoint YBS as sub-contractor, ENOVIX plan to direct acquired YBS?

Ok la, although still loss making, but at least can see losses is reducing, and revenue is increasing.
If exclude the Inventory Written Down of RM3.8mil, the result will be even better.

OMG... KWSP also cabut.
Seem like tomorrow is a another dumping day.
30sen?

Market sentiment is very weak.
No matter how good is the result, share price will not be up.
Can refer to Perdana, Keyfield..

Any good new that someone secretly told you will forever remain as a secret, it will not become real news

If today below RM3.80, then tomorrow will retest Rm3.50.
Don't forget YTLPOWER is the dragon head of this round of Data Centre Theme.
Once the dragon head being chopped, all the small potato, crab & prawn soldier (MNHolding, Powerwell, Ranhill...etc) all will be follow sinking.

Last month I am still laughing those Ekovest Hater target price of 35sen, coz it sound like a mission impossible.
Now seem like it will achievable.
I need to slap my own face kaw kaw.

Within 1 month from 97 sen to 72 sen, another CEB in the making?
This so called RHB Top 20 Jewel?

What happen to YBS? Sinking?