@speakup, hope can break 95sen before CNY.

Why Kossan drop so much, compare to other?

Ekovest & IWcity landbank mostly at Zone A, Zone B and Zone I (Desaru)

https://www.malaymail.com/news/malaysia/2025/01/04/all-you-need-to-know-about-the-special-economic-zone-and-how-it-will-drive-economic-growth-for-malaysia-singapore/162031

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3513840

Source from Singapore PMO:-

Prime Minister and Minister for Finance Lawrence Wong will make an official visit to Putrajaya, Malaysia from 6 to 7 January 2025 for the 11th Malaysia-Singapore Leaders’ Retreat hosted by Prime Minister and Minister of Finance of Malaysia Dato’ Seri Anwar Ibrahim. The annual Leaders’ Retreat is a vital platform for the Prime Ministers to set the overall direction for bilateral cooperation, and identify new ways to further enhance connectivity to deliver tangible benefits to Singaporeans and Malaysians. Both sides will also continue constructive efforts towards managing our outstanding bilateral issues, taking into account our abiding interdependencies and shared commitment to forward-looking ties.

On 6 January 2025, Prime Minister Anwar will host dinner for Prime Minister Wong. The accompanying Ministers will also engage their Malaysian counterparts and other Malaysian Ministers. On 7 January 2025, Prime Minister Wong will attend an official welcome ceremony, which will be followed by a delegation meeting between both leaders and their delegations. Prime Minister Wong and Prime Minister Anwar will witness the exchange of several bilateral agreements and MOUs which reflect the multifaceted and mutually beneficial partnership across various domains.

My father told me to believe in Tan Sri LKH.
He said this is the man that know how to make big money.

For Ekovest, the main catalyst is not JSSEZ, but is the TSLKH merger plan.
As long as the merger plan executed, Ekovest IWCITY become 1 congrolomate, you no need to worry about anything d. Just hold tight and become Ekovest long term shareholder. Thousand of acre land to be slowly develop for next 20-30 years.
Anytime sell 1 pcs of land in iskandar area to data centre (50-100 acre) can pocket RM100-200mil net cash, and this money can use to develop its own project.

2025会是YBS开花结果的一年吗？ 期待着。

I foresee supermax 2025 price range:-

Lowest : RM1.35
Highest : RM3.98

HEXCARE is the only glove counter that drop 50% in Year 2024.
From Jan'24 RM0.35 to Dec'24 RM0.18, in bursa, or in the world, only HEXCARE can do it.
Dato Ong still holding 24% only, anytime he can abandon the ship, as he already make a lot of money from this counter.
Too many ikan bilis retailer stuck in this counter, it is very hard for this company share price to move up.
Unless Dato Ong buy another 20% shares from the open market.
As per Mar 2024, Top 30 shareholder only control 52% share.
If Dato Ong can buy another 200mil shares (20%) from open market, then Top 30 shareholders will increase their holding 72%.. then floating share will left 28%, then it will be easy to goreng up.
Assume if US really impose Tariff on China and benefited Malaysia Glove player, assume Hexcare can turn back to profit of RM8-10mil per quarter, then the share price can go back to 40sen level at least.

Few month ago, MUI also announced to dispose a piece of land at RM80mil.

So total there will be RM500mil ++ to be realised in Year 2025.

I don't think its really a bad news.
If today MUIProperty is Sunway Group or Ecoworld Group, I will think it is a bad move to dispose the land, as Sunway / Ecoworld have their own talent to develop the land and run its own Data Centre.

But for MUI Property, this company is already very old and frankly speaking, I don't think they have talents / resources self develop the entire Bandar Spring Hill. So it is a good move to have Gamuda to setup the Data Centre in Bandar Spring Hill.
This will help to increase the property value of Bandar Spring Hill.

No hope for Year 2024 d.
See next year how...

Based on my own estimation, next quarter (Dec'24 - Feb'25), Top Glove Net Profit will back to RM100mil level.

Do you hear the limit up sound?

LCTITAN NTA is still RM4.XX.
Assume if Petronas bought it at 60% discount below book value, that would be RM2.00.
For Korean Lotte cut loss at 60% losses (better than current unrealised loss of 80-90%), and they can get back their money to solve their parent company.
Minority investor who invest below RM1.00, are happy to accept this offer at 100% gain.
Petronas also happy to acquired an asset at 60% discount, and it can help petronas to expand its business empire.

Subur Tiasa = 44000 Hectare. Market Cap = RM176mil.
Market Cap / Hectare = RM4000 only.

@KYY, you should sell everything and buy Subur Tiasa

@Silent8888,债务虽然庞大，但这不是什么坏债务，这些都是建造高速公路而举得债。
你要知道，高速公路都是30年-50年的concession,如果你把这50亿债务分摊30年来看，平均一年也不到RM2亿。
Ekovest目前需要解决的问题是快快把Kesturi (Duke 1 & 2) 上市，随便筹个30亿，这样就可以大大减少债务利息的问题了。接下来就可以专注DukePhase2A,这个计划已经在政府的审批阶段了。
要知道， 债务会慢慢减少，而大路收费是会慢慢提升的 （流量 x 收费） ，就像现在的 LDP， SPRINT， PLUS highway, 每年源源不竭的现金流。

Interesting finding.
My i3 Stock Pick portfolio is still in negative.
My actual portfolio also in negative return as at 30 Nov 2024.
Initially the 1st half year still doing very good, double digit return on portfolio.
But start from Aug 24 then all the way go south, now is negative return.
Still got 1 month left, hope can back to positive return.

Lousy AGM.
Tan Sri not even speech in the meeting.
Although I am invest heavily in Ekovest, but I must admit to said that this is a lousy AGM, nothing information has been disclose during the meeting.

The current quarter losses is mainly due to share option and forex loss.
So, overall still acceptable.
Paper business is reducing, but EMS business has steadily growth.
Once the acquisition of Allied Technology is completed, then can foresee YBS will become the next Genetec.

Unrealised Foreign Exchange Gain = RM601.8 Mil
Becareful once this amount will be reverse next QR if USD appreciate.

NationGate revenue has surge so much.
Seem like it is the real beneficiary for the AI Data Centre trend.

May I ask, whether the POS MALAYSIA KL HQ that located beside Menara Dayabumi is owned by Pos Malaysia?
Or that is a rented properties?

4th December is dividend ex-date.
Run before it.
From my past experience, it will drop more than the dividend after ex-date.
Example: Assume the share price is RM1.10 before ex-date, and dividend is 7.5sen.
Technically, the share price after ex-date should be RM1.03. But based on past years experience, the share price will open at RM1.03, then slowly drop to RM0.98-0.99. Then 1 week later, it will at RM0.93-94. Then after 1 month, you will see it touching RM0.89 level.

Most mystery stock, YBS.
Until now I believe still no one know whether ENOVIX is real or scam.

Is this brand famous? Normally for Palm Oil I only saw those brands with chicken head logo, twin arrow logo, horse logo, MPOB logo, Yarra...etc

Wah.... Big Boom.
Investment in US Market has incurred RM54mil losses.
Better fast fast dispose all the share before US market crash.
Bring back the money and invest in Bursa, now bursa many undervalue stock.. haha

No matter TCS is liable or not, once this project is stop, a lot of thing will be impacted.
1st, bank will stop release payment.
2nd, those bank that borrow loan to contractor / sub-contrator that related to this project, bank also will review their loan.
3rd. Developer will hold all payment to contract while pending for investigation.
4th. For contractor, all the worker salary is count on daily one. When project stop, you either need to transfer worker to other side, or your terminate them...etc.
5) For those machinery like crane, cement machine....etc, all count by daily one, when project stop, it is either you continue to pay for it, or return back to vendor.

No one know how long it will take for the investigation, maybe 2 month, 4 months?

Today SSTEEL heng heng!

This company worth to have a look.

Based on share capital of around 600mil share.
If SSTEEL is going to recognise 100mil gain, there will be EPS of 16sen.
If 150mil gain, then there will be EPS 25sen.
If 200mil gain, then there will be EPS 33sen.

And with this RM200 mil cash received, assume it has fully use to pair off its debt.
Based on 5% per year, this RM200mil will save interest cost by 10mil.

https://theedgemalaysia.com/node/733158

Who know maybe Bandar Malaysia project will come back again, hehe

I think LKH planning is like this.
Dispose the concession asset to reduce the debt.
The merger Ekovest, Knusford and IWCTY.
Convert Ekovest become a giant congloramate, position itself as the ideal JV partner for any China Company, and holding 4000 acre prime landbank in Johor to develop for next 30 years.

Therefore, the current value of RM5bil for Duke 1 & 2 is actually quite a fair price.

Actually, based on Year 2020 news report, initially whereby Ekovest plan to listed Duke 1&2 and SPE, whereby Ekovest plan to offer 25% share of its highway concession to raised RM3bil. IF 25% = RM3bil, then 100% will be RM12bil.

Below is the caption of the news:-

"The enterprise value for the three highways was about RM11 billion to RM12 billion, he said.

"Twenty-five per cent of the total enterprise value is about RM3 billion and we can raise that amount to pare down the debts and allocate some for working capital purposes.

Attention needed on this news.
Based on my own understanding and interpretation, this settlement will resulted in a gain of approximately RM200mil for SSTEEL, am I right?

Any expert that have follow up this case since 2019 can share your opinion here? Because the company have already recognise the losses on 2019, that why I am expecting there should be a gain based on this settlement agreement.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3498208

Please also bearn in mind that under Ekovest Balance Sheet, there are 5-6bil of sukuk.
But out of this 5-6bil sukuk, got 2.5bil is under Kesturi.
When Ekovest dispose its entire holding on Kesturi, the 2.5bil will be remove from Ekovest as well.
So Ekovest debt will be reduce substantially, and at the mean time if the buyer purchase with cash, Ekovest cash will be increase by RM3bil.

Last time EPF buy 40% at RM1.1bil, so value the highway at RM2.75b.
If now the highway is value at RM5.0 Bil, quite reasonable la.

Good closing, finally touch 37sen.
Hope tomorrow we can see Ekovest stand above 38.50sen.

Our Malaysia stock market have been hammered down since end of July'24 till now.
Many retail investor has lost their faith and their interest on stock market.
We need a small bull run to gain back the confidence and interest of retailer.
All the private banking, unit trust, wealth consultant, investment consultant that advise their customer to invest in unit trust also need a positive result by end of the year, otherwise they don't have face to face the client, and their commission / bonus all will be affected also.

Therefore, I sincerely hope Malaysia stock market can have a small bull run, whereby KLCI can touch 1700, FBM70 can touch 19,000 and FBMSCAP can touch 20,000 above by end of the year.

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.