Very difficult to say how long the legal case will drag on. As long as SALUTICA won the legal case, that would be good enough .

It seems like some positive development is going on, other than the legal case.

( Just my opinion. Not a buy or sell call.)

From the download above, it is noted that the ESS (Employees Share Scheme) consideration price Is RM3.30 per share very much higher than the current market price of around RM1.69 .

(Just for your information only. Not a buy or sell call.)

https://www.klsescreener.com/v2/announcements/view/5246147

https://www.thestar.com.my/news/nation/2023/07/15/musk-to-set-up-shop-in-malaysia

Not just GENETEC. I think counters such as EPMB , SALUTICA, UWC , VITROX, NATIONGATE and many others should play their roles in these connections for greater success.

For me, I have great confidence that SALUTICA will win the court case against APPLE'S infringement of patent rights by referring to the two cases downloaded above as examples.


Stay tuned.

( But this is my personal opinion. Not a buy or sell call.)

O
https://www.astroawani.com/berita-malaysia/collaboration-elon-musk-will-bring-tens-thousands-skilled-job-opportunities-pm-428120

Don't expect everyday shinning. Sometimes it's raining too.

https://www.jurist.org/news/2022/05/texas-federal-court-rules-apple-owes-300m-in-patent-infringement-case/

https://www.reuters.com/technology/apple-loses-london-appeal-4g-patent-dispute-with-optis-2023-07-04/

Salute 👍

Someone said if the company won the legal case in Malaysia, it may cause chain reactions in other countries ; other companies might follow suit. In actual fact, no one company would like to sue the other especially the legal case is a lengthy process : time consuming and likely involving a certain sum of legal fees.

In the case of SALUTICA, it has to defend for its patent rights and efforts devoted to the invention of its own device(s) but being infringed by another company.

https://www.sinchew.com.my/20230712/%e5%90%89%e9%9a%86-2/

Whether Thailand already becoming EV hub of Asean is not our concern.

The most important factor is that Malaysia should seek to expand and should become the largest EV Hub in Asean.

Everyone on earth is also protected by law. I salute SALUTICA to go for its rights and dignity.

SALUTICA has the fighting spirit. It dares to go against the "giant" APPLE CORPORATION.

Ultimately, I think justice will prevail . That means SALUTICA will emerge as a winner. The "big" should in no way bully the "small".

Everyone on earth is governed by law

Tripaka,
Don't run like dog or cat, but should run like the champions in the Olympic games .

Hopefully , EPMB became the champion in the EV vehicle industries.

Let's wait and see.

(This is just my personal opinion. Not a buy or sell call.)

Profit taking is expected. I hold EPMB tight for long term.

A really aggressive and venturous counter. It seizes every opportunity that comes along.

1) Targeted to manufacture "more than" 300,000 new car seats to PROTON over a period of few years

2,) Apply to MITI for licence to assemble EV vehicles and got conditional approval but must comply within 6 months.

3) After the conditional approval being confirmed, most probably the assembly of EV vehicles "might " start sometime this year or next year.

So, would EPMB be another similar GENETEC in the making ?

(Just my opinion. Not a buy or sell call.)

https://finance.yahoo.com/news/asia-pacific-cement-industry-report-103000138.html

As on 30-06-2023 (Friday):

Dow Jones rose more than 285 points;

Nasdaq rose more than 196 points.

The bullish sentiments in US share market could have a spilled -over positive effects to the world markets including Malaysia.

Hopefully, July 2023 marks the beginning of a strong rally for the stocks across the board in Bursa.

Hopefully, July 2023 is the month for stocks (inclusive of other stocks too ) to rebound and rise to a higher level with better sentiments of USA and Asian Stock Markets .

(Just my opinion. Not a buy or sell call)

Three positive factors should augur well for global markets especially the Malaysian market: as Malaysia is a major exporter.

As on 30:06-2023 (Wednesday)

1) Dow Jones rose more than 285 points ;

2) Nasdaq rose more than 196 points;

3) USD 1.00 = RM4.67

The high USD exchange rate against Malaysian ringgit is favourable for export including furniture industry.

Ecomate closed at RM0.715 on 28-06-2023 (Wednesday).

I think SYNERGY HOUSE should catch up with ECOMATE sooner or later.

(Just my opinion, not a buy or sell call.)

https://www.bfm.my/podcast/morning-run/the-breakfast-grille/synergy-house-berhad-ipo-ace-market-2023-furniture


Just to refresh our memories. Synergy House has big plans for future growth and expansion.

https://www.miff.com.my/media/news-and-featured-articles/134/malaysian-furniture-sector-poised-for-robust-2023-and-beyond/

PureBull,

Hopefully, both EWEIN and INFOMINA are as bullish as what you predicted.

INFOMINA is company with bright prospects, providing mainframe service.

IBM , a similar company in USA is currently priced above USD129.00 around RM590.00

INFOMINA is a future shinning star in the making.

(My personal opinion. Not a buy or sell call.)

SUNVIEW, the sunrise stock hit new height, hoho !

Just imagine buying the shares with bright prospects at the price below RM0.50.

What would be the price be when its future projects generated much higher profits in the coming months ?

( Just my opinion. Not a buy or sell call. Trade at your own risks)

For me I will hold EPMB stock tightly for quite some time because:

1) EPMB is set to kick-start manufacturing new car seats for PROTON in the 2nd half of this year 2023 and is aiming to produce "more than" 300,000 units over a period of few years. The project should be profitable especially supply to PROTON, a reliable customer.

2 ) Memorandum of Agreement for distribution of electric bikes known as EV Blueshark could be finalised some time this month. This project should be another source of lucrative income "if successful" and EPMB could be another EV player.

3) Some of the MOU might eventually turn into realities.

(Just my opinion. Not a buy or sell call. Trade at your own risks.)

EPMB is indeed very aggressive and ventureous. Look at the numbers of MOU will convince you. Just hit 1 or 2 cases of the MOU will be good enough.

Moreover, EPMB will kick start the manufacturing of new car seats for PROTON in the 2nd half of this year (2023). EPMB is aiming to produce more than 300,000 units over a period of few years.

EPMB is a company that will grasp the good opportunity and turn it into a reality.

It's just a matter of time that Mr Chen Khai Voon (co-founder of GENETEC and the top 30 shareholder as shown in GENETEC' s Annual Report year 2022) will be the substantial shareholder of SEAL.

DickyMe,
Good analogy.

We can't expect our government to perform instant wonders.

So, let us be patient and give our government some times to implement measures to improve the national well being and economy.

Prime Minister Datuk Seri Anwar Ibrahim at least has tried his best to help uplift the sentiments of the stock market.

In May 2023, he called on EPF to increase its domestic investments from 64% to 70% is a good example.

He might introduce more practical measures to uplift the sentiments in the coming months.

From the above download, we notice Datuk Seri Anwar Ibrahim's important role in enhancing the development of the Malaysian share market so as to attract more investment funds both local and foreign.

https://www.malaymail.com/news/malaysia/2023/06/19/pm-anwar-announces-measures-to-boost-capital-mart-create-more-wealth-for-people/75149

https://www.malaymail.com/news/malaysia/2023/06/19/pm-anwar-announces-measures-to-boost-capital-mart-create-more-wealth-for-people/75149

Foreign funds additional investment in YTL is a testimony of their confidence in the Malaysian government led by Datuk Seri Anwar Ibrahim , besides the stellar quarter results as at 31-03-2023

So renewable energy could include EV as well.

Someone said SEAL could be the start of a mini PARAGON.

I would say SEAL could be the start of a mini GENETEC.

(Just my opinion , not a buy or sell call. Trade at your own risks.)

Let's read the Star's report dated 09 May 2023 carefully again.

The group (SEAL) planned to utilise the proceeds for acquisition or investment in new viable business whereby the company is eyeing "renewable energy -related business(es) SEAL executive director Nixon Koay Shean Loong welcomed Chen's equity participation as a "strategic investor '.

" We (SEAL) are looking forward to work with him (Chen Khai Voon) to leverage his "rich " experience in managing diversified business(es). We look forward to Chen's valuable advice, guidance an insight on our potential venture into renewable energy sector , " he said.

https://www.thestar.com.my/business/business-news/2023/05/09/aaron-chen-becomes-seal------------new-substantial-shareholder

https://cyberswitching.com/will-electric-cars-run-on-renewable-energy/

Sorry, the prices were fluctuating between RM0.42 and RM0.455 and closing at RM0.425 as at 16-06-2023 (Friday).

I apologize for my mistakes.

The prices of SEAL is fluctuating around RM0 40 to RM0.55. closing at RM0.425 today 16-06-2023 (Friday).. To me, there are still chances of moving higher.

Of course, there could be some downward corrections in between too.

After the private placement has been completed, Mr Chen Khai Voon will play the vital role to propel the company to greater heights by venturing into new businesses ( which could include EV as he has the first hand experience. )

I won't think Mr. Chen would keep his private placement funds in SEAL for nothing.

( Just my opinion. Not a buy or sell call)

Mr. Chen Khai Voon, after the private placement completed, will be the substantial shareholder of SEAL.

Last month 's news ? Yet it is still relevant. Mr. Chen Khai Voon is the co-founder of GENETEC.

So, what I hope is that Mr. Chen would not only joint venture with SEAL in renewable energy but also in EV vehicles and /or EV batteries as well, with his first-hand expertise and experience gained from GENETEC .

Even better , if SEAL would collaborate with GENETEC in EV.

This is what I dreamed for but sometimes a dream could turn into a reality.

(Just my opinion. Not a buy or sell call.)

https://www.thestar.com.my/business/business-news/2023/05/09/aaron-chen-becomes-seal------------new-substantial-shareholder

In fact, EPMB is aiming to produce " more than " 300,000 units new car seats for Perusahaan Otomobil National Sdn Bhd over a period of few years.

Another key point which caught my eyes is that EPMB is a small cap company with number of ordinary shares slightly above 209 millions as indicated in its quarter report at 31-03-2023.

Therefore, there are still plenty of rooms for expansion.