Indonesia index still green... geng! Foreign fund from Malaysia flow to Indo adready...

I SUPPORT HSR...

PH government not take care of investor, but care more about poor people, maybe they investor are rich because they have money to buy shares...Haiz...

Bankrupt oso need to move on ... be positive...

Those hold at Rm2++ above must very very pain now...but life must go on...

Khatulistiwa, how much your invest in iwcity? Life must go on...

Those buy iwcity above 1 already burn money... but what can do? Life must be go on...be positive in your life...

That's is the reason why botak never buy back iwcity shares.

Ya.. drop 10 sen for you to buy.... ha..ha.. :)

Just think about it how much value of MRCB before involved in HSR? MRCB 2 year ago...

Haha... never mind.. I will buy in

For my opinion, MRCB wont down more, before they get hsr project last 2 years, their shares price is higher than 0.68 adready...

I will buy in on Wednesday for panic selling... I hope their short mrcb because I want to buy more.

Indonesia index up like crazy these day
.. Malaysia Haiz.... :(

KUALA LUMPUR: Vizione Holdings Bhd, a niche player in the affordable housing sector, finds its business strategy to be in tandem with the new government’s promise to build one million affordable homes across the country within two terms of its administration.

Vizione managing director Datuk Ng Aun Hooi believes the group’s expertise in affordable housing development will enhance its competitiveness in bidding for housing projects under the new government.

“We believe we can remain competitive in our niche market, which is in the construction of affordable homes … in line with the Pakatan Harapan government’s promise to build affordable homes,” Ng said in an interview with The Edge Financial Daily.

Vizione has an order book of RM3.75 billion to date, with almost half of its undertakings comprising government housing projects.

Aside from government projects, the group also has a long-standing relationship with the private sector, with clients such as Sunway Group and Gardenia Bakeries (KL) Sdn Bhd.

“As we now have a new government, they may need time to stabilise. We are lucky that we have a big order book as it may take time for government tenders to be called, and for us to replenish government housing contracts.

“For the time being, in order to [expand] our order book, we may need to secure more projects from the private sector, as well as from my own private developments,” he said.

Ng is the chairman of two private property development firms, namely Midlands Edu City Sdn Bhd and KL Northgate Sdn Bhd.

Meanwhile, Ng corrected a possible public perception that Vizione is a “government-linked stock” as most of its government housing projects were secured when Barisan Nasional was in power.

He stressed that he is “purely a businessman” and that the group’s business is apolitical.

“It is very hard for me to immediately correct that [government-linked] perception. What we do hope is the public look at the numbers that we deliver. We have an order book of RM3.75 billion that will last us until 2021,” he said.

Ng also reassured that the RM465 million Federal Territories Affordable Housing (Rumawip) project in Gombak secured by the group, which forms part of its order book, will proceed as planned.

“The Rumawip project in Gombak is already enforced and sales are 95% done, and we have completed about 35% of the foundation [works],” he said.

Ng pointed out that Vizione is not involved in the recently highlighted sale of 64 parcels of land in Kuala Lumpur to property developers from 2013 to 2018, which was done under the purview of former federal territories minister Datuk Seri Tengku Adnan Tengku Mansor.

Kepong member of parliament Lim Lip Eng lodged a report with the Malaysian Anti- Corruption Commission last week, calling for an investigation into the parties involved in the 64 land deals, which he claimed were mostly done without an open tender and at below market value. Lim said less than half of these plots of land were for public housing projects such as Rumawip, while a majority were for high-end residential projects.

“We have no issues on land subject matters; none of Vizione’s projects are on that list,” stressed Ng.

Ng, who hails from Bukit Mertajam, Penang, also has an interest in Consortium Zenith Construction Sdn Bhd, the special-purpose vehicle company which is undertaking the RM6.3 billion Penang undersea tunnel and Outer Ring Road (ORR) project.

It is understood that Vizione was in the midst of participating in one of the packages of the ORR, prior to the project being put on hold earlier this year.

“We shall await the new [Penang] chief minister and his team on the direction of the Penang ORR. Vizione believes the project should proceed again following GE14 (14th general election), and will participate in any tender for this project,” he said.

Meanwhile, Ng said the government’s recent move to zero-rate the goods and services tax (GST) before moving into the sales and services tax (SST) regimen is a welcome move.

“The GST did impact the construction industry; the burden on businesses was much heavier compared to the SST,” he said.

As for its financials, Vizione reported a net profit of RM15.14 million for the nine-month period ended Feb 28, 2018, which was more than 36 times the RM415,000 recorded in the previous corresponding period. Revenue rose by more than ninefold to RM302.49 million.

PETALING JAYA (May 11): In a surprising victory, the Pakatan Harapan (Pakatan) coalition has won the 14th general elections and will form the next government.

The fiercely-contested polls saw both the Pakatan and Barisan Nasional coalitions produce manifestos that covered a litany of issues, with both notably zooming in on affordable housing.

In its manifesto, Pakatan has come up with quite a number of proposals to promote affordable housing that involve the construction process, financing, simplifying administrative processes, incentives, and introducing rent-to-own schemes.

Below are Pakatan’s promises:

To build one million affordable homes across Malaysia within two terms of the Pakatan government.
To create a special housing loan scheme tailored for youths who want to buy their first property.
To take over maintenance costs in low-cost housing areas in order to lower the burden of residents.
Work with state governments to convert land status if developers want to build affordable houses. The quota for affordable houses will be increased.
Tax incentives will be given to companies that focus on affordable housing, especially to encourage them to use the latest cheaper technologies such as the industrialised building system (IBS) so that cost to buyers can be reduced.
Widen the rent-to-own scheme nationally through cooperation with commercial banks by enabling such a scheme to be introduced in primary and secondary markets.
Enable those who are currently renting to have the opportunities to migrate to a rent-to-own scheme if they qualify.
Prevent landbank hoarding activity through setting a time limit for companies to complete their construction so no corporate giants can hoard land without developing them.
Incentives will be given to the smaller bumiputera and non-bumiputera developers so that they can compete with others on a level playing field.
Reform the PR1MA programme so that there is no more exploitation by crony developers who obtain government land at discounted prices but then reap high profits by building just a small number of affordable houses.
To increase bumiputera homeownership, simplify the processes to build affordable houses on land owned by state Islamic authorities including Waqf land. Incentive will be given to encourage Islamic authorities to work with private developers.
Set up a National Affordable Housing Council, chaired by the prime minister, to bring together the work of the various agencies under one roof. This council will be tasked with overseeing affordable homes construction matters, coordinating a unified and open database on unsold affordable homes and organise a rent-to-own scheme for the B40 and M40 groups.
Allocate part of the dividends derived from Felda investments and Felda subsidiaries will be used to build new Felda townships and houses for the second-generation settlers.
Ensuring that state housing agencies provide assistance to Indian families who are in need, especially former farm workers and those in the B40 category. They should be given an opportunity to have a quality home at a reasonable price, and a loan repayment mechanism that is based on their ability to repay such as a hire purchase scheme.
Instructing local authorities (PBTs) and state governments to place conditions on housing developers so that in areas where there are former Indian plantation workers, the developers must build affordable homes for them.

Malaysian property market especially affordable houses see improved buyer sentiment after the government announced that the goods and services tax (GST) rate will be reduced from 6% to 0% effective June 1 this year.

ZERO GST WILL OSO HELP VIZIONE... SURE UP!

For this moment, Vizione not involved in any mega infrastructure projects and corruption case... nothing to worry at all.... and I check adready affordable housing project still going on for ph government. If you all make profits 3 months later, don't forget to belanja me makan!! Study before invest...

After consolidate 7:1, I think Vizione at least worth more than RM 1.3 ... Vertice and Ewein, pro ph government but loss making company from previous quarter oso can up a lot, why Vizione cannot ? Vizione have superb quarter results, Guys! Vizione not up after Ge14 because many think Vizione is BN stocks but after I check their annual report 2017, I find that their shareholders not have any link oso to BN especially UMNO but I find that their shareholders have good relationship to penang government... Why you all buy WCT, MRCB, YTL, GAMUDA, MYEG, GKENT...?
BUY VIZIONE you all can sleep peacefully in nite...
That's is my sincerely opinions.... :)

PETALING JAYA: Ewein Bhd ’s wholly-owned subsidiary Ewein Land Sdn Bhd has entered into a share sale agreement with Consortium Zenith Construction Sdn Bhd (formerly known as Consortium Zenith BUCG Sdn Bhd) to acquire a further 16% equity interest, comprising 160,000 ordinary shares, in Ewein Zenith Sdn Bhd.

A filing with Bursa Malaysia showed that upon completion of the acquisition, Ewein Land’s equity interest in Ewein Zenith will increase from 73% to 89% and Ewein Zenith will hence become an 89%-owned subsidiary of Ewein.

After consolidate 7:1 Will fly higher...because Fund MANAGER will buy in a lot so buy before consolidate... because I afraid Sharks come to goreng then I not more chance to buy low... Director oso said will start paid dividend in 2019... Director buy a lot at 0.122, Why you guy worry... buy more la when down if shark wanto press down the price...
I strongly don't believe that the share price is 0.125 after 3 month of time...Ewein director up his stake in zenith, sure something big happen! Ewein adready fly, now is Vizione on Monday...

Guys, don't buy WCT, MRCB, GAMUDA, YTL, GKENT, PROTASCO
Government change adready, mindset oso need to change
BUY VIZIONE IS GOOD FOR FUTURE...
BUY WHEN THE PRICE STILL LOW ... FUND MANAGER AND SHARK WILL COLLECT !
After Buy, wait patiently ar.... 3 month sure get some rewards!

Strong turnaround from previous quarter +500%
100% acquisition in Wira Syukur will have profit guarantee
Director Dato Ng acquired a lot shares after Ge14..
This is the construction stock build affordable house..
Can get job from vertice ( that's means proPH )
Wira Syukur have 70% stake in Zenith
Have a lot of property in Langkawi
Higher chance to get project from PH government
VIZIONE slow-slow climb up after Ge14 although construction sentiment not good...
Senior director Wong oso Executive director in Zenith
Higher chance to replace Protasco to get road maintenance job
Tunnel project definitely will boost Vizione until explode...

These are the reasons I buy in Vizione for future after Ge14 !
Good Luck guys.. !

If not gap up, fast-fast buy tomolo ar.. otherwise you all will regret... This is the super stock can fly after New ph government..will explode is oso matter of time.

Vizione oso have lot of property in Kuah Langkawai... Haha...

100 % of Wira Syukur will give a lot benefits to Vizione... Wira Syukur have 70% shares in Zenith and senior director Wong oso executive director of Zenith...Sure gap up on Monday!

Penang undersea tunnel is still alive, says Consortium Zenith
Its chairman says the state govt remains committed to developing the undersea tunnel

Construction of the proposed RM3.5 billion undersea tunnel linking Penang and the mainland is still on the cards, despite speculation that a third bridge would force state authorities to scrap the ambitious plan.

Consortium Zenith Construction Sdn Bhd chairman Datuk Zarul Ahmad Mohd Zulkifli said the state government remains committed to developing the undersea tunnel, which is expected to link Persiaran Gurney on the island to Bagan Ajam on the mainland.

“We are on track for development and currently waiting for the DEIA (detailed environmental impact assessment) approval which we hope to get soon,” he told The Malaysian Reserve.

He said Consortium Zenith will continue to work towards the project’s development based on the existing directive from the state government, ignoring “the noises from external forces”.

“My contract with the state government is for the undersea tunnel and I will proceed unless the state decides otherwise,” said Zarul Ahmad.

Speculations were rife on the future of the long-delayed undersea tunnel project if the federal government decides to grant Penang a third bridge linking the island and the mainland.

Observers are also concerned on the recent reversal of Consortium Zenith’s land sale to Ewein Bhd, claiming that it underlines the uncertainty related to the project.

The entire undersea tunnel and three expressways project were slated for completion by 2021.

On the scrapped deal with Ewein, Zarul Ahmad said that it has not dampened Consortium Zenith’s progress of the mega project.

To recap, Ewein’s subsidiary, Ewein Zenith II Sdn Bhd, inked a deal in December 2015 to purchase 1.79ha from the 44.5-ha of freehold reclaimed land in Tanjung Pinang, to be received by Consortium Zenith for undertaking the Penang mega project for RM162 million.

In January 2016, Ewein’s 60%-owned property development unit Ewein Zenith Sdn Bhd inked an agreement with Consortium Zenith to grant the former the right to buy three parcels of land totalling 20.23ha at Tanjung Pinang at RM1,300 per sq ft.

Zarul Ahmad said Consortium Zenith has secured a buyer for a two-acre (0.8ha) land in the form of Zenith Urban Development Sdn Bhd — a joint venture between Consortium Zenith (30%) and Wira Syukur Sdn Bhd (70%).

Wira Syukur is a Selangor-based property developer with three ongoing projects in Selangor, and one each in Kelantan and Sabah respectively.

A consortium of Consortium Zenith, China Railway Construction Co Ltd and Beijing Urban Construction Group Co Ltd was selected as the contractor to undertake the mega project covering a 6.5km undersea tunnel and three expressways in 2013.

The consortium comprised companies having a combined paid-up capital of RM4.5 billion when it came together that year.

However, the Penang state government removed the Chinese state-run firm as partner in the consortium last year, after it was found responsible for the recent fatal crane hook collapse incident in Kuala Lumpur.

The three highways, known as paired-roads, have a combined length of 21.2km.

The first highway connects Air Itam to the Tun Dr Lim Chong Eu Expressway, while the second highway from Tanjung Bungah to Teluk Bahang would start upon completion of the first highway.

The construction of the third highway, from Gurney Drive to the Tun Dr Lim Chong Eu Expressway, would commence after the first two highways are completed.

Buy Vizione is better than other construction stock now... Buy Vizione .... :)

Haha, very smart director acquired so shares after Ge14 on Monday (14/5)

Guy, Director Ng have 70% stake in Zenith construction... Next week sure fly since this week price stable adready and slow-slow up... Don't buy other construction stock... Buy this la... Short term or long term future of Vizione is bright... If Monday still not gap up, guy don't forget to buy and wait patiently....

Wira Syukur of Vizione oso have Zenith share... Vizione sure will follow up because Ewein and Vertice up a lot adready... Vizione will get more project from New ph government to replace Protasco in future... 100% acquisition in Wira Syukur will have profit for next quarter... Wira Syukur, Ewein, Zenith construction and Vertice is a group ... Director buy share a lot adready and Ewein director oso up his stake in Zenith construction... Time to shine for Vizione.

This stock short term cannot buy adready...because of Tan Sri....may be charge with Najib together... If buy adready, just cut lost...

This is the only construction stock that can buy for short term because of bright prospects... down risk is very limited adready... Congratulations to the vizione holder that bought at 11.5 sen...:)

Vertice and Ewein up a lot adready and now this is time for Vizione....

Last time quarter results improve almost 500% didn't explode just to wait the right timing... Ini kalilah... Vizione is oso build affordable house for people which is match with ph policymakers and higher chance to get undersea tunnel project with zenith and oso ewein company... Director of vizione buy a lot adready and they have close relationship with zenith , vertice and ewein company.... All these factor will boost the price higher... Buy when the construction stock sentiment not good...Sure will up in short term.... but my kindly remind that don't play contra... you will reward more than that...

Undersea tunnel project is big projects... sure Zenith will cooperate with Vizione... Buy and wait ... sure explode... Minister of Transport oso DAP man, sure he will approve the project soon... Vizione now is profit making company with very strong turnaround from previous quarter... Vizione sure will benefit from ph government... Buy before too late... Sure will explode..
Tp: 28sen

Wong Kwai Wah is currently an Executive Director of Consortium Zenith
BUCG Sdn Bhd, the company undertaking the Penang ring roads and undersea
tunnel project. Other than Vizione Holdings Berhad, Mr. Wong is also the Executive
Director of Voir Holdings Berhad, a public company listed in Bursa Malaysia.

This stock will explode next week!! Buy call now...

"Before this, we had problems in the acquisition of Federal land but with the Federal Government being represented by the Pakatan Harapan (PH) alliance, I see that the two highways under Zenith Consortium are ready to be implemented," he said.

These mega projects are under the Penang Transport Master Plan which aims to help overcome traffic congestion in Penang and also connect the island to Seberang Perai.

The 7.2km undersea tunnel project will connect Persiaran Gurney to Bagan Ajam in Seberang Perai. The main highway construction comprises the 10.53km link from Tanjung Bungah to Teluk Bahang, the Air Itam-Tun Dr Lim Chong Eu Expressway and the Persiaran Gurney-Tun Dr Lim Chong Eu Expressway.

Vizione will get project from Zenith construction soon...

http://www.klsescreener.com/v2/news/view/380119

Ewein adready up his stake in zenith, vizione will up to at least 23 sen.... we need to wait patiently...

Director buy a lot....

This stock will up... because is a turnaround company and now have bright future after government change... The director always get project from pro ph construction company like vertice, zenith and last time join penang tunnel project before... I will buy in Monday not matter up or down and keep 3 months for profit.

SUMATEC IS CONFIRM DOWN ON MONDAY.

Sap will up but unwog will down... Why ? I think your all can find its answer...

Construction company that build affordable house won't down because of policy PH to build more affordable house but mega infrastructure projects construction company confirm down due to the delay, cancel or review again terms and conditions of the projects... Good Luck guy.

This stock build affordable house for people, won't down much... if drop until 0.11... I will in.

RM is strengthen back...good for Sapura....

Market will down ...this is sure... but Sapura won't down because undervalued stock adready... oil factor and good prospect will support this stock. No one dare to short sapura on Monday.

Guy, my opinions are big cap construction, bank especially cimb will badly affected at least 10% because short selling oso... government link company especially Myge and dsonic will bad affected... rubber stock neutral expect supermx... tech stock will up a little bit with the recovery of us tech stock and Rm weak... airlines stock will down because of oil rising... oil and gas stock will gap up especially sapura... refinery stock will oso up a bit... because impove of asian market and oil factors... small cap construction company will up oso especially vertice and vizion... mathatir and harapan link company will up so... if you have limited bullets, I truly suggest you buy sapura if sapura is down and up oso can buy for short term or long term because I think big fund won't short sapura on Monday.... Big fund will short selling government link company especially Myge and +++.

As I said adready, if you wanto buy , buy at closing... I short sell today...

Don't buy first... I short Sapura for today... buy at closing...