https://www.reuters.com/world/europe/russia-expects-who-approve-sputnik-v-vaccine-within-2-months-rdif-2021-06-04/

https://www.thestar.com.my/business/business-news/2021/06/05/short-position---ucrest-and-sputnik-lockdown

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Highest Revenue & PAT achieved till-date...a remarkable feat! Gogogo ice-cream :-)

The market will react positively to ASB even though if Razaleigh supercedes AI to become the PM. Simply b'coz AI might be made DPM as Razaleigh will need PH's support to make up for the majority.

"In his audience with YDPA on October 13 2020, Anwar declared that he has the majority who supported him. YDPA advised Anwar to follow the constitution. and at 2 pm the same day, Ku Li had an audience with YDPA.

Today is October 14 2020 and according to Malaysiakini a letter purportedly from Ku Li was sent to the Speaker of Parliament to allow a motion of no-confidence to be tabled PM Muhyiddin.

In politics, there is no such thing as a coincidence. Was it an orchestrated move? What is most interesting is that the letter was dated September 25 2020, just two days after Anwar announced that he had the majority.

Now, over to the Speaker. Optics are important - it is public knowledge now.

Would he dare do what he has to do? Or CMCO would take precedence over everything else, including the function of Parliament?"

Anwar is scheduled to appear before the Agong tmrw at 10 am.

1) If the YDP Agong is truly convinced that Anwar has a majority, he can order the Prime Minister, Tan Sri Muhyiddin Yassin, to meet him first.Muhyiddin then had two options, either (a) he could resign, or (b) advise the YDP Agong to dissolve Parliament.At this stage, Al-Sultan Abdullah has the discretion to either accept the proposal to dissolve Parliament or reject the proposal;

2) If the YDP Agong rejects the proposed dissolution of Parliament, Al-Sultan Abdullah can continue to appoint Anwar as Prime Minister;

https://www.astroawani.com/berita-politik/anwar-menghadap-agong-ini-mungkin-situasi-yang-akan-berlaku-esok-pakar-perlembagaan-263237

If for any reason, Anwar is not able to take the reins of government on Tuesday, all is not lost. Parliament is meeting on 2 November 2020. The PN government will be tabling Budget 2021 for adoption. If the Budget is defeated, then Muhyiddin’s government will surely fall. And nothing will stand in the way of Anwar becoming the Prime Minister.

This much-anticipated change of government will take place on Tuesday if all goes well. If not, Anwar will keep his date with destiny in November.

When he becomes PM, Anwar would have embodied the saying, “Most of the important things in the world have been accomplished by people who have kept on trying when there seemed to be no hope at all.”
https://aliran.com/thinking-allowed-online/has-anwar-the-numbers-or-is-it-a-bluff/

https://ibb.co/7tBrbH7

Watch their automotive space that is proceeding at a fast pace and is expected to contribute to the coming quarters.

Key points: -
1) The group has an automotive manufacturing licence as it was awarded the International Automotive Task Force (IATF)’s International Standard for Automotive Quality Management Systems in July last year;
2) In January, JCY signed an agreement to acquire the businesses of SDM Precision Casting Sdn Bhd — which trades in and manufactures aluminium alloy die casting products — for a total of RM5.385 million in a 15:85 cash-plus-shares deal;
Quote JCY executive director Datuk James Wong King Kheng - "When SDM Precision Casting came to visit our plant, they were shocked [at how good our machines are]. Our plan is to utilise our spare capacity. The automotive operations will be consolidated in Johor,” he says. JCY is also looking further afield to other countries.
3) SDM Precision Casting not only produces parts and components for its Japanese client, but also a German automotive firm. Apart from that, it is in the midst of securing another big client from Japan;
4) JCY has received many enquiries on producing automotive parts and components in Malaysia in the wake of the US-China trade dispute. If you look at the big automotive firms in Japan, a significant portion of their parts and components come from China. Because of the pandemic and the trade war, many businesses are worried, and they wish to diversify their suppliers to outside China. JCY is now trying to convince them to source automotive parts in Malaysia as these automotive firms are not able to go back to Europe because the cost is too high;
5) JCY’s strength is casting. They have a lot of good, high-precision casting machines. For them to go into two-wheel or four-wheel casting is not an issue at all. In fact, it is quite an easy job for them. They don’t even need to buy new equipment to produce their components!
6) Malaysia is a small market. JCY will not stop here as they are eyeing business opportunities in the whole region. For motorcycles, the biggest market in Asean is Indonesia, followed by Vietnam, Thailand and the Philippines;

https://ibb.co/DCbdj8X

FUTURE PROSPECT

The COVID-19 pandemic continues to exert broad and wide ranging impacts on economic supply and demand worldwide.

The IT industry in general has derived benefits from the continuing and increasing incidence of working and learning from home. Market forecasts from various sources indicate that demand for PCs, notebooks, and peripherals will increase in 2020, but the picture will become clearer as these new work patterns set in.

In the storage space SSDs and HDDs continue to play complementary roles, the former mainly in domestic and mobile appliances, and the latter mainly in centralised network-based systems. This trend is likely to continue.

For the HDD industry, in the near future, traditional supply chains could experience significant realignments, and JCY is monitoring developments carefully in order to ensure that we can benefit from potential market shifts.

At the same time our diversification programme into the automotive industry is proceeding apace and it is expected that these other lines of business will contribute in due course;

Based on the clues furnished by Boneka, we can estimate the profit margin for the VITAL ventilators as follows: -
1) Estimated Average Selling Price (ASP) = RM18k per unit; This would be more competitively price as its marginally lower than the ASP for the Singapore's SG-Inspire ventilators of btwn RM21K to RM27K;
2) Estimated Average Production Cost (APC) = RM11k; This is based on the APC of VITAL Ventilator in USA of btwn RM9K to RM13K;
3) Estimated Gross Profit = RM7k per unit;
4) Assuming K1 is targetted to produce 200,000 units of VITAL ventilators for this quarter, the Estimated Total Gross Profits = (RM7k x 200,000 units) = RM1.4B.
From here, it would be easy to calculate the PE and EPS. Awesome!!!

https://ibb.co/vjpdhnx

Bill Gates just verified the huge order for ventilators come Oct-Nov!

https://www.businessinsider.com/bill-gates-covid-will-be-back-big-numbers-october-november-2020-6?utm_source=copy-link&utm_medium=referral&utm_content=topbar

pls share a copy TQ. danielliam199@gmail.com

https://www.cnbc.com/2020/05/17/powell-says-a-full-economic-recovery-may-not-happen-without-a-vaccine.html
Powell says a full economic recovery may not happen without a vaccine
PUBLISHED SUN, MAY 17 202011:40 AM EDT

HWGB has literally nailed it with this test kit from Shanghai Liangrun!

"In particular, the product was ranked first in the evaluation of the new crown antibody detection kit organized by the Ministry of Health in Malaysia on the 24th."

https://ibb.co/Ybkm0TZ

In the event of a split, it might take the form of Subdivision of every 1 existing shares in HTPadu into 3 shares; 3,000:1,000

Due to the Covid-19 outbreak, the property sector esp.the much anticipated Bandar Malaysia project will be unable to provide a positive catalyst for the hemorrhaging local equity market. In its place, the RM2.5B NIIS's project will the one that is going to take the lead instead

Dont miss the new theme play that is thrusting Dsonic & HTPadu into the limelight now!!

Due to the Covid-19 outbreak, the property sector esp.the much anticipated Bandar Malaysia project will be unable to provide a positive catalyst for the hemorrhaging local equity market. In its place, the RM2.5B NIIS's project will the one that is going to take the lead instead

Dont miss the new theme play that is thrusting Dsonic & HTPadu into the limelight now!!

Rumours has it that the NIIS contract will be awarded to the consortia formed btwn Dsonic & HTPadu.

MyEg will then be one of the vendor by virtue of TS Wong recent acquisition of HTPadu's shares (abt 10% holdings).

Bearing in mind that Dsonic & HTPadu are the only two companies that are currently contracted to KDN. That means they have access to all the vital database & info which are deemed to be of national interest.

Rumours has it that the NIIS contract will be awarded to the consortia formed btwn Dsonic & HTPadu.

MyEg will then be one of the vendor by virtue of TS Wong recent acquisition of HTPadu's shares (abt 10% holdings).

Bearing in mind that Dsonic & HTPadu are the only two companies that are currently contracted to KDN. That means they have access to all the vital database & info which are deemed to be of national interest.

I agree with Boneka that the 20 parcels of freehold development land might copy the integrated MBS concept of Singapore.

To clear my doubt, I did a quick search and was more reassured on what I managed to gather: -

A) The total size for the 20 parcels of land (under SPA 1 & SPA 2) = 36.81 hectares;

B) The Marina Bay Sand of Singapore is situated on 15.5 hectares of land only. This means there is sufficient land bank to build a replica of the MBS integrated concept as well as for future expansion.

Although it may not be the HSR Terminal Station, it definitely can accommodate a MRT Station like the one that runs through MBS Singapore.

Hence, this strategic land bank sitting pretty at Danga Bay has got to be LKH’s trump card for Ekovest!

WILL EKOVEST EMULATE IWC'S HISTORICAL LIMITUPS NEXT WEEK?

Posted by tebrauteguh > Dec 14, 2019 10:19 AM | Report Abuse
RECAP
A little take away on the previous(2017) jump.

Real action took place
~2 Mar'17 Price opened at 1.29, peaked at 1.41 and closed at 18mil shares traded.

3/3/17 opened at 1.45 peaked at 1.77 and closed at 1.64. 63mil shares traded.

4 and 5 Mar Weekend
6-8 Mar IWC requested Suspension. This is after BM euphoria. If IWC is not related to BM, why would they suspend the share? I dont have answer for it.

9/3/17(Thur) opened at 1.58, peaked at 1.76 and closed at 1.81. 85mil shares traded
.
10/3/17 opened at 1.82, peaked at 2.28 and closed at 2.28. 114mil shares traded.

13/3/17 (Mon) opened at 2.75, peaked at 2.93 and closed at 2.57. 128mil shares traded.

14/3/17 opened at 2.61, peaked at 2.90 and closed at 2.80. 135mil shares traded.

Hovered around 2.80 for 2 weeks before jump to above 3.00.
(The high was 3.25 touched on 2/5/17)

Upon the formation of the JV Company, HeiTech Padu will be responsible for the system and application development, project management and team deployment while PT KIN will look after the market and business development aspects.

Digital Wallet or eWallet Payment System - HTPadu's Golden Goose In The Making.
The money-spinning JV partnership with the Indonesian company,, PT Kirana Investama Nusantara counterpart to develop & deploy a syariah compliance cooperative system.

Tabulation of EPS
1) Estimated Cooperative memberships = 100M members;
2) Assuming per transaction fee is 50sen and the average transaction per month done by each member = (4 transactions x RM0.50) = RM2.00;
3) Total Estimated Earnings Per Month = (RM2.00 x 100M members) = RM200M;
4) Total Estimated Net Earnings Per Month (less 30% operational costs) = RM140M;
5) 49% JV Shares of Total Net Earnings Per Month to HTPadu = (49% x RM140M) = RM68.6M or RM823.2M per year;
6) Estimated EPS = (RM823.2M / 101.2M Shares) = RM8 per annum;

Based on a PE of 10X, this translates into RM80!!!
Blue chip in the making....don't say I bo-jio :)))

Latest updates

Dato' Leong Sai Mun is a reknown property developer. He is the group managing director of Smart Niche Group (SNG).

https://www.theedgemarkets.com/article/city-country-smart-niche-launch-condos-sungai-long

His recent acquisition of 8.7m shares had made him a new substantial shareholder. Its therefore not surprising that his company could have been awarded the construction contract for the Nilai Hospital project.

Be wise, follow the insiders :-)

Latest announcement...fast tracking forward...
INCORPORATION OF A NEW SUBSIDIARY

The Board of Directors of Sinmah Capital Berhad (“the Company” or “SCB”) wishes to announce that on 4 April, 2019, the Company had incorporated a wholly owned subsidiary known as Sah Medical Sdn. Bhd. (“SMSB”) under the Companies Act, 2016 with an issued share capital of RM100.00 comprising 100 ordinary shares.

http://m.malaysiastock.biz/Company-Announcement.aspx?id=1132581

For the benefit of keen investors, below is a brief on Sinmah’s Proposed Diversification to include Healthcare Business: -

1) What was the rationale for its Proposed Diversification?
It is part of the Group's long-term growth plan to diversify its business by venturing into other revenue-generating businesses in order to mitigate its Group's reliance on its poultry & property businesses.

2) What is the status of its Proposed Diversification?
SAH was formed on 27/3/17 to engage in hospital activities, with 70% equity interest held by Sinmah and 30% held by Amergajaya Ventures Sdn Bhd. The shareholders of Amergajaya Ventures Sdn Bhd are Mohd Ismail Bin Abdul Hamid, Tan Tuck Wing and Mohamed Aminudeen Bin Abdul Hamid. Subsequently, SAH Medical was incorporated on 6/4/18 as a subsidiary of SAH and is principally engaged in the business of hospital development, management and construction and healthcare investment.

3) Till-date, what is the progress of its diversification plan?
The Group has entered into the Nilai Property Acquisitions on 17/1/19 to enable its Group to undertake the Proposed Nilai Developments and to diversify into the provision of healthcare business by way of owning, constructing and operating a hospital and medical-related services.

On 22/10/18, SAH Medical has obtained approval from the Ministry of Health for the establishment of a 200-bed ‘purpose built’ private hospital with multi-discipline services, Centre of Excellence (“COE”) Autism and COE Geriatric. The COEs will be co-managed in collaboration with UiTM’s Health Science Faculty. UiTM will be a clinical partner in operating the Integrated Public-Private University Hospital (“IPPUH”).

Stay tune for more updates.