If Rm 4 soon, then all Call Warrants shld attain new high too imo.

Invest and or trade at yr own risk.

Today CA, CB, CC and CD all super active..

Invest and or trade at yr own risk.

3/7/17 to 21/7/17 price closed within the range of 1.32 to 1.41 with a new record high at RM 1.43 on 12/7/17.

Latest development as announced comprises of 5%+ shares being purchased and held by Kenanga Growth Fund.

Secondly- Chapter 10 as announced for factory purchased and license of transfer of name was fully satisfy or fulfilled on 22/6/17.

New line operation and awaiting forthcoming q result imo and hope for new bright as cited by Bullmoney.

D&O, Econbhd (new record high), Sernkou, Kerjaya (new record high) and Poh Huat is my 2017 stocks competition portfolio selection.

NOTE: Invest and or trade at your own risk.

Vroom... vroom...

IMO RM 3 very soon based on current price movement.....
Note: Invest and or trade at yr own risk.

Invest and trade at yr own risk.

Hardly seen a new ipo counter has this strong momentum with almost t+7 still positive sign.

All time high.vroom.... vroom....
Contra ppl also can make money. Imo.

Vroom...despite mother share n imo CA shld be another potential counter to accumulate..

Invest and or trade at yr own risk.

Kerjaya closed at RM 3.47 with new record high at RM 3.50 achieved.

Kerjaya-ca, closed at RM 0.36 sen. Ditto at RM 0.365 achieved.
With premium 0.03 sen, premium percentage is 0.86 and gearing at 3.86
Expire on 29/7/17.

Vroom...vroom...

Next challenge target :-

1) RM 3.62 as per the edge article dated 9th June 2017

2) RM 3.69 as per UOB Kay Hian Securities

Imo- I still maintain my initial target price as reported on 15/4/17 at RM 4 despite dividend 5.5 sen payable on 29/8/17.

Note: Invest and or trade at yr own risk.

vroom... vroom...

New project award announced at RM 30,111,301.40

Datuk Tee was appointed as Non Independent and Non Executive Director of E@O w.e.f. 1/6/17.

Congratulations!

北京欢迎你

ANOTHER DEEP SEA/ RED SEA COUNTER

Chapter 1- Price Movement - Dividend In Specie 1: 1 (ICQ- i-car)

Price surged and limit up during announcement of Dividen in Spesis. Shareholder entitled for ICQ Holding Berhad ( iCar ).

On the 11th of April 2017, REV price surged to historical high of RM1.22 from RM 0.93 sen, and closed at RM 1.08, almost reaching the limit up price of RM 1.23.

As for the ex-date on the 21st of April 2017, REV price has surged from the lowest price of RM 0.65 sen to RM 0.86 and closed at RM 0.82 sen.

Chapter 2- Price Movement- Request For Suspension on the 5th of May 2017

On the 5th of May 2017, REV priced surged from the lowest at RM 0.835 sen to the highest at RM 1.07 and then closed at RM 0.965 sen with 4.7625M volume traded.

Media Prima Bhd also requested for suspension and pending the release of a material announcement.

Both counters suspended as reported in Bursa and highlighted again by BNmenang in I3 – Media Prima’s forum and azlan88 on the 5th of May 2017 and 6th of May 2017 respectively. It's highlighted in Sin Chew business news too.

Coincidence? Similar nature of business transaction?

If good news for REV (based on Friday priced surged), shall it be another round of sweetened award to the existing shareholder?

Price may test another new record high and limit up as per Chapter 1 imo ?

Note: Invest and or trade at your own risk

Chapter 3- Special Bumiputera Issue of up to Approx. 12.5 %
As reported in Page 90 of 2016 Annual Report.............

Refer to bursa news. Share split approval obtained...

Another Huat Lai ....vroom....vroom....vroom...


Imho - invest at your own risk.

Vroom....vroom....

BULL MARKET- NON-AWARENESS OF STRUCTURE CALL WARRANT: KERJAYA -CA
Stock: KERJAYA-CA
Code: 7161-CA
Style: European-style cash settled
Issue Size: Up to 35M SW
Exercise Ratio: 2.5 SW 1 shall be entitled to 1 Kerjaya [KP] Share
Listing Date: 14th March 2017
Exercise Price: RM 2.60
Expire Date: 29th September 2017
Issue Price: RM 0.15, being (i) 15.12% of the Reference Price divided by (ii) the Exercise Ratio, rounded up to the nearest half sen.
Settlement Method: Cash Settlement
Exercise Date: On the Expire Date i.e. 29/09/2017
Exercise Expenses = [Settlement Price - Exercise Price] / Exercise Ratio x 0.30%

Intrinsic Value [IV] Calculation = [Settlement Price – Exercise Price] / Exercise ratio
Market Trading Price = Intrinsic Value [IV] + Volatile Value [VV]

Note: Volatile Value is depending some of the following factors:
* (i) Bull perceptions
* (ii) Foreseeable of Kerjaya’s prospectus and substantial growth
* (iii) Time Value Factor
* (iv) Bonus issue of KP, if any etc.

Illustration: Based on Closing Date on 11/04/2017

(1) Kerjaya Share Price (as of 11 April 2017) RM 2.91
Kerjaya-CA Price (as of 11th April 2017): RM 0.205

Intrinsic Value of Kerjaya-CA = (RM 2.91-RM 2.60) / 2.5
IV = 0.31/ 2.5 = 12.4 sen.

Premium [Violatile Value/ Time Value] = 20.5 sen – 12.4 = 8.1 sen.
Gearing = Price of Mother Share / (Exercise Ratio x Price of Call Warrant) = RM 2.91 / (2.5 x RM 0.205) = 5.68 x I

The gearing 5.68 x I means that instead of buying one mother share at current price, you are able to use the same capital to buy its CA in which represent 2.68 units of the Mother Share.

llustration Scenario
(2) IF Kerjaya share is RM 3.50.
IV = [ RM 3.50 – RM 2.60 ] / 2.5 = RM 0.36

Market value for Kerjaya-CA = RM 0.36 + RM 0.09 = RM 0.45

Note: Based on same VV at RM 0.09 sen.

(3) IF Kerjaya share is RM 4.00.
IV = [RM 4.00 – RM 2.60] / 2.5 = RM 0.56

Market value for Kerjaya CA = RM 0.56 + RM 0.09 = RM 0.65

Note: Based on the same assumption that VV is at RM 0.09 Sen.

I hope my demonstration and research above may be useful and can help you understand better the mechanism of Structure Call Warrants. Please refer to Kerjaya-CA time sheet, listing information and profile from Bursa Malaysia website.
I believe this may be a simple illustration to attract investor or newbie to learn, understand and enhance awareness of the Structure Call Warrant.

Reference: Please refer to Master Sifu Icon888’s his recent article which was posted on 1st April 2017 – “Add Sprinkles of Call Warrants to Spice Up Your Portfolio“.
His remarkable quote "The strategy is interesting not only it makes your portfolio sxxier. It also opens up a new universe for retails investor like us in terms of exposure to blue chips”

NOTE: TRADE AND OR INVEST AT YOUR OWN RISK

BULL MARKET- NON-AWARENESS OF STRUCTURE CALL WARRANT: KERJAYA -CA
Stock: KERJAYA-CA
Code: 7161-CA
Style: European-style cash settled
Issue Size: Up to 35M SW
Exercise Ratio: 2.5 SW 1 shall be entitled to 1 Kerjaya [KP] Share
Listing Date: 14th March 2017
Exercise Price: RM 2.60
Expire Date: 29th September 2017
Issue Price: RM 0.15, being (i) 15.12% of the Reference Price divided by (ii) the Exercise Ratio, rounded up to the nearest half sen.
Settlement Method: Cash Settlement
Exercise Date: On the Expire Date i.e. 29/09/2017
Exercise Expenses = [Settlement Price - Exercise Price] / Exercise Ratio x 0.30%

Intrinsic Value [IV] Calculation = [Settlement Price – Exercise Price] / Exercise ratio
Market Trading Price = Intrinsic Value [IV] + Volatile Value [VV]

Note: Volatile Value is depending some of the following factors:
* (i) Bull perceptions
* (ii) Foreseeable of Kerjaya’s prospectus and substantial growth
* (iii) Time Value Factor
* (iv) Bonus issue of KP, if any etc.

Illustration: Based on Closing Date on 11/04/2017

(1) Kerjaya Share Price (as of 11 April 2017) RM 2.91
Kerjaya-CA Price (as of 11th April 2017): RM 0.205

Intrinsic Value of Kerjaya-CA = (RM 2.91-RM 2.60) / 2.5
IV = 0.31/ 2.5 = 12.4 sen.

Premium [Violatile Value/ Time Value] = 20.5 sen – 12.4 = 8.1 sen.
Gearing = Price of Mother Share / (Exercise Ratio x Price of Call Warrant) = RM 2.91 / (2.5 x RM 0.205) = 5.68 x I

The gearing 5.68 x I means that instead of buying one mother share at current price, you are able to use the same capital to buy its CA in which represent 2.68 units of the Mother Share.

llustration Scenario
(2) IF Kerjaya share is RM 3.50.
IV = [ RM 3.50 – RM 2.60 ] / 2.5 = RM 0.36

Market value for Kerjaya-CA = RM 0.36 + RM 0.09 = RM 0.45

Note: Based on same VV at RM 0.09 sen.

(3) IF Kerjaya share is RM 4.00.
IV = [RM 4.00 – RM 2.60] / 2.5 = RM 0.56

Market value for Kerjaya CA = RM 0.56 + RM 0.09 = RM 0.65

Note: Based on the same assumption that VV is at RM 0.09 Sen.

I hope my demonstration and research above may be useful and can help you understand better the mechanism of Structure Call Warrants. Please refer to Kerjaya-CA time sheet, listing information and profile from Bursa Malaysia website.
I believe this may be a simple illustration to attract investor or newbie to learn, understand and enhance awareness of the Structure Call Warrant.

Reference: Please refer to Master Sifu Icon888’s his recent article which was posted on 1st April 2017 – “Add Sprinkles of Call Warrants to Spice Up Your Portfolio“.
His remarkable quote "The strategy is interesting not only it makes your portfolio sxxier. It also opens up a new universe for retails investor like us in terms of exposure to blue chips”

NOTE: TRADE AND OR INVEST AT YOUR OWN RISK

KERJAYA PROSPEK

Kenanga IB has recently increased the Target Price of Kerjaya Prospek to RM3.10, with assumptions on a conservative basis. I, personally forecasted a near term Target Price of RM4.00, after my thorough research based on a number of strong catalysts as follows:

1. Huge Orderbook – Strong Earnings Visibility
With orderbook of approximately RM2.7b, the earnings visibility for Kerjaya is strong for the next few years. Management has set a conservative RM800m orderbook replenishment target for 2017 (in UOB Kay Hian Research Report), which should be easily surpassed given its strong track record of securing orders.

2. Better Margins over Peers
Kerjaya’s net margins of 12% remain superior over peers’ (MITRA, HSL, KIMLUN) average of 9%.

3. Beneficiary from Premium Client Portfolio Including E&O, Eco World, SP Setia, Yong Tai, BCB, etc.
KWAP has recently injected RM776M into E&O’s STP Phase 2A for a 20% stake. The collaboration of E&O and KWAP to jointly develop STP Phase 2A project in Penang would expedite the contract awarding process and is poised to benefit KERJAYA given that E&O has been a long term client of KERJAYA.

4. Construction Theme
KL Construction Index (KLCON) had climbed to a new high of 25.43 times - its highest since its lowest PER of 5.8 times in 2011 alongside with recent lifting of share performance for index heavyweights such as IJM and Gamuda.

5. Technical Breakout
Kerjaya share price has been surging recently and break its major resistance at RM2.50. The
upwards momentum seems sustainable and will continue to go up North, I believe.

6. Increase Share Liquidity
In my humble opinion that Bonus share issue shall be one of the best approach to allow more participation of new shareholders. It again enhances the upward momentum.

With the reasons above, I believe my Target Price of RM4.00 is rather realistic, which I think it is achievable in a short period of time with the strong momentum of broad market in KLSE despite my belief that more and more positive and good quarter results achievement by the majority construction and property listed Companies.

Apart from buying mother shares, I’m also recommending its Call Warrant, Kerjaya-CA, at less than 10% premium, with an expiry date on Sept 2017. It’s at discounted price with low premium compared to the call warrants in comparable companies with similar expiry date, such as IJM-C4 at 13% premium and Gamuda-C34 at 12% premium.

With its gearing of 4.8 times, assume Kerjaya mother share price goes up to RM3.50 from RM 3.00 (up by 17%), the Kerjaya-CA will go up by 82%. If the Kerjaya goes up to RM4.00 (up by 33%), the Kerjaya-CA will go up by 158%. Of course, it comes with higher risk. But if you believe KERJAYA has great potential and it deserves for a higher price, it is good to have KERJAYA-CA to be in your portfolio too.

----------------------------------------

To be continued....

CONGRATULATION IBanker.

Huat/Heng Sama Sama Every Bros. (& Sisters) = = = HHSEB

Hi Optimus, that is forward PE ratio.

By annualising the latest EPS 2.5 sen, into 10 sen (i.e. 2.5 sen x 4 quarters).
RM 0.96 [ closing price on 7/4/17 ] / RM 0.1 = PE 9x.

With current order books at approximately RM 400M, it is conservative by annualising latest EPS with assumption that there is no growth in coming quarters. However, based on its track record YoY [ Year over Year ] and QoQ [ Quarter over Quarter ] over the latest 5 years ( can refer to its Prospectus ), growth was strong......

Hence, IMHO that the Intrinsic Value (IV) should be more than RM 1.50 based on my own assessment and evaluation.

NOTE: Trade and or Invest at your own risk.

Refer to Corporate Watch 6-7 40 資汇 and AR recently.

The following are the salient points and my findings:-
1. Healthy balance sheet. Healthy cash flows as they practice monthly installment with Clients.

2. Consistent growth on revenue n profit yoy. Good track record. Annualise recent profit, 2.5 sen.

At HSSEB's current price RM0.96, the PE is at 9x now which is still lower than 10x. Given its growth prospect and contracts on hand, a forward PE 10x, will bring the price to more than RM1.5 IMHO.

3. Order book 400M+ which can last them for 2-3 years. Many potential contracts are in the pipeline as guided by management team in papers.

4. Established strong contact and network. More potential contracts to be secured in the near future by leveraging on their strong political relationship.

5. They have a strong track record as involved in the major projects design such as Airports, bridges, ports, railway and many major township including international project in Qatar, UAE. Managed many iconic infrastructure projects.

6. They are pioneer on BIM technology (Building Information Modeling) in Malaysia, this technology saves a lot on construction cost and time in term of efficiency of work progress, monitoring and controlling with and including at maintenance stage.

7. Annual Report as HSSEB has guided that management team has more than 75% shareholding. It reflects the level of confidence by management to the company. And it means less floating in the market, can move up to North is easily.
[ Note: Top 30 Major Shareholders as reflected in AR 's record is equivalent to overall 85.61% ]

8. Propose TRANSFER to the MAIN BOARD is a super strong catalyst. From the date the companies propose to the date the proposal is approved. The companies as follows had generate such huge returns:
1. Inari - UP 290%.
2. Elsoft - UP 101%
3. UOADEV - UP 100%+

HSSEB has so far risen by 10%+ since its proposal for transferring to Main Board. Expect much more to go IMHO.

TA-wise, up trend is intact. Banker chips are increasing gradually (with homily chart).

TP RM1.5, in short term, likely achievable and subject to more and more projects awarded.

Lastly, HSSEB = = Huat Sama Sama Every Bros. (& Sisters)

NOTE: Trade and or invest at your own risk.

1.16 now......

GSB may shine like EUPE?

Note: Invest and or Trade at your Own risk.

More to cone.... Be patient....

小張飞刀 一 快 和 準

註： 盈亏自負

世界之窗， 因為有您！

再接再厲！

SALIENT POINTS ABSTRACTED FROM THE EDGE INTERVIEWED WITH D & O DIRECTOR MR YEOW

- For automatic LED segment, which offers up to 25% in gross margins.

- At the end of 2006, D&O had almost completed transition from a multi-industry LED player to purely serving the automotive LED market.

- Expects the automotive segment to continue growing at a compound annual growth rate of 20% to 30% over the next three to five years.

- Currently serves more than 110 CUSTOMERS, which makes the company attractive as even big companies- like AVAGO and PHILIPS- ad attempted and FAILED to venture into the challenging segment.
[ Finding: Seem like a golden chance opportunity and platform for AVAGO and PHILIP to collaborate or acquire D&O??]

- We painstakingly built our own brand…..reached a pivotal point….we think the WORST is over and we have TURNED AROUND.

- For the next three to five years, the growth outlook is great….., prepare…..for the next leap, which can only happen if we have STRONGER COLLABORATION.

- SEVERAL PARTIES have approached to discuss potential collaborations …… doors are always open for discussion.
[ Finding: To read in conjunction with their earlier UMA on the 9th of March 2017 – item 1.]

As rumours of a potential merger and acquisition exercise have spurred the market interest and driving to reach { at an all-time high of 0.735 on the 17th and 20th March 2017 respectively}.

- VALUE of the Company is not based purely on its earnings and assets as D&O provides a PLATFORM for other companies to expand in the automotive LED business.

- “Our value is in the platform as we are a WINDOW to the AUTOMATIVE WORLD. The value of this company will be different in the EYES of different PROSPECTIVE BUYERS. It is not about how much our PER (Price earnings ratio) is – IT DOESN’T WORK THAT WAY. …….We are an OBM manufacturer. We own the PATENTS, the DESIGNS and the BRAND.”

- “QUALIFIED as a supplier for most of the MAJOR AUTOMATIVE companies, and there are VERY FEW STANDALONE like us in the WORLD as most of our competitors are integrated players.”

人弃我取

註：盈亏自負

Hidden Gem Stock (1) : EUPE, stock code: 6815, 128M shares at RM 1 par.

Closing on 31/3/17 at RM 0.97 - Price surge from 80 sen (10/3/17 ) to 97 sen (31/3/17).

Target price min. RM 1.50 before July 17 due to better quarter earnings expected for Bangsar South project development.

小刀鋸大樹

FIRST EXCITING WEEK OF APRIL STOCKS – PROPERTY THEME

Super active and Gainer stocks- Eco World International Berhad [ EWIBT (5283), EWIBT-WA (5283-WA)] and IWCITY (1589)

Active Stocks: Setia , Ekovest, EcoWorld, Malton and MRCB

IMHO Focus on IWCITY

Note: Invest and trade at your own risk....

FIRST EXCITING WEEK OF APRIL STOCKS – PROPERTY THEME

Super active and Gainer stocks- Eco World International Berhad [ EWIBT (5283), EWIBT-WA (5283-WA)] and IWCITY (1589)

Active Stocks: Setia , Ekovest, EcoWorld, Malton and MRCB


In addition to the above, 2 additional hidden stocks we generally overlook and should start paying special attention to are the following: -

(A) Hidden Gem Stock (1) : EUPE, stock code: 6815, 128M shares at RM 1 par.

Closing on 31/3/17 at RM 0.97 - Price surge from 80 sen (10/3/17 ) to 97 sen (31/3/17).
Target price min. RM 1.50 before July 17 due to better quarter earnings expected for Bangsar South project development.


(B) Hidden Gem Stock (2): GSB, stock code : 7077, 528M shares at 0.1 par.

Closing on 31/3/17 at RM 0.10 – Historical price between 0.09 to 0.10 sen for the past 30 days.

Private placement at 10 sen at Dec 2015 : 16.67% to Javawana Sdn Bhd, which is a Special Purpose Vehicle controlled by Datuk Tee Eng Ho’s wife, Datin Toh Siew Chuon, Tee Eng Tiong & Tee Eng Han (the latter two are brothers to Datuk Tee).

It should be noted that Datuk Tee Eng Ho, Tee Eng Seng and Datin Toh Siew Chuon are the majority shareholders of Kerjaya Prospek Group Berhad (Stock code: 7161- RTO at RM 0.50 and now trading at RM 2.62)

There are talks in the market that GSB may be Datuk Tee’s Group designated property arm.

Currently their properties comprise of The Shore- Melaka, The Shore 2-Klang Valley, Jasin development, Klang Valley projects, etc.

The shares of Kerjaya Prospek (Fututec) is already on the list of the elite Billion Club Construction company stock. This gives rise to the question whether GSB is already on its way to be on that list within 2-3 years under Datuk Tee’s control and flagship???


INVEST AND OR TRADE AT YOUR OWN RISK.

Agreed with paperplane2016

IMPLEMENTATION OF PERINTAH DUTI KASTAM (PDK) 2017 And AP with effective from 1st April 2017

Good article from the edge, 2nd April 2017.

Vroom....vroom...approx. after 2 weeks of consolidation.

Invest and or trade at your own risk.

Vroom... vroom....

Imho More projects to be awarded soon and definitely gain more confident from existing and new client and or developers.

Note: Trade and or invest at your own risk.

Vroom....vroom.....

Vroom..... vroom....

Stock code: 7033

Small cap Ind. co. with No of share- 40.612 M
1Q net profit- 1.048M,
NA- RM 2.3187
Dividen- 2 sen - ex on 6/4/17, payable on 18/4/17

Imho- another potential counter and likely RTO.

Note: Trade and or Invest at yr own risk.

Agreed. Additional info and back ground of Mr Chang:-

Mr. Chang Choon Ming commenced his career where he was tasked with the planning and implementation of sales and marketing strategies. Over the last 15 years, he has also accumulated experience in risk management and has a proven ability to successfully analyse an organisation's marketing requirements, identify potential opportunities and develop innovative strategies......

On 23/8/2016, open market acquistion by him 21,950,000 units, represent 8.19% control stake....

Note: Invest and or trade at your own risk.

Vroom....

Be patientah- heaven 123. Avoid contra game.

Slow and steady then u laugh all the way to bank.

Note: Trade and or invest at ur own risk.

Tq Cruz.

IMHO- more news to surface after 1st April .

Invest at yr own risk.

Huat Lai MTO and delisted at 5

Abt 85% out of the top 30 major shareholders are from the solid fund managers, institutions and Epf with partly via DBT as disposed by two big bosses.

More and more projects likely to grab after their latest announcement of huge and sizable awarded project by DRSB at Pusat Bandar Damansara development.

Vroom......while awaiting for good forthcoming q result and dividend announcement.

Imho- Bonus shall be an ex-gratia to royalty investors and Optimus 9199.

Note: Invest and or trade at your own risk?

Vroom.....

Vroom.........

Chapter 10 announcement approved defered extension of time up to 15/5/2017 by Bursa.

Vroom....

Today half day session volume already more than 2x last Friday closing price