https://paultan.org/2024/03/11/west-coast-expressway-wce-section-11-taiping-to-beruas-opens-on-march-12-free-toll-until-may-11/

Future blue chip company in the making.

If not due to non cash flow item of (RM31mil) Fair value changes in biological assets, the net profit should be about RM80mil.

https://www.youtube.com/channel/UCp8Fl0RNEVASb7gqdsNYJPg/community?lb=UgkxPp7W203OIN2KAoBnHp4VLxirqa5I8vWa
Wce Section 6 is going to open soon.

MahSing still owns Glove business? Any impairment of plant and machinery in the future in view of down trend in glove industry ?

The Funding is through Government Loan, Sukuk, bank borrowing, no more RI from shareholders.

The Malaysian Reserve : WCE has enough funds to complete West-Coast Expressway

https://themalaysianreserve.com/2023/07/05/wce-has-enough-funds-to-complete-west-coast-expressway/

The CEO already mentioned few times no more Right Issue needed for the funding of WCE project.

https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/wce%E6%89%AB%E6%B8%85%E6%9C%80%E5%90%8E%E9%9A%9C%E7%A2%8D-%E8%A5%BF%E6%B5%B7%E5%B2%B8%E5%A4%A7%E9%81%93%E6%96%99%E6%98%8E%E5%B9%B4%E5%BA%95%E5%85%A8%E5%BC%80

Nanta Linggi: WCE delays resolved, awaiting completion.

https://themalaysianreserve.com/2023/07/26/nanta-linggi-wce-delays-resolved-awaiting-completion/
https://www.nst.com.my/news/nation/2023/07/935153/section-6-west-coast-expressway-be-completed-year-end

The West Coast Expressway is expected to transform the tourism landscape in Perak and further make it accessible to domestic and international tourists in conjunction with Visit Perak Year 2024.

https://bernama.com/en/business/news.php?id=2207819

Bursa approves the warrant bonus issue.

Indonesia with Sinovac, today only 4413 cases.

Hi Ally, please pm me. My email eeky88@gmail.com

Kpower acquires 70%, the remaining 30% is owned by Sirim. That means the company is still a government-linked company, I think this is the plus point.

Hi Ally, please add me

In the bull market, no body care about over/under premium, it is mainly depends on mother share movement. Look at top gloves, mother share goes up, all the call warrant up with high % and a lot with high premium more than 8%.

Run before it is too late

DK66, please add me. Thanks

换来换去，首相还是老马。

With the support and commitment from Vietnam government and they want to complete the plant unit 1 to commemorate Party Assembly and unit 2 to commemorate seventeenth provincial party congress, I think this project will be completed on time.

The major shareholder Mr.Chua Kim Seah never sell single share from the ESOS share he subscribed. This means he has faith with RGB. Others disposals mainly done by few directors who merely looking for fast money.

If you believe this company is good and worth to invest, just keep for long term. Buy more when price drop. History shows that return for long term investment is much much more higher compare with short term investment (buy sell approach).

There is an interview with RGB COO Datuk Steven Lim, hope it will clear some doubts raised i.e risk, future growth etc:-

http://www.rgbgames.com/events-BFM899.html

The company just settled the remaining RM27mil debts owed under the Commercial Papers Medium Term Notes (CPMTN) programme in March or April 2016, become the net cash company. Hopefully, the company will start to reward its loyal shareholder with higher dividend for FY16 after that.

If the company is willing to increase its dividend payment, its visions to achieve 60sen by 2 years (2018), the duration to achieve could potentially shorter. I hope RGB Management understand this.

I think the company also realise the risk with too focus on few countries, that is why RGB is exploring new markets i.e South America and Europe.

It the latest news by The Star, RGB is confident FY17 can achieve double digit growth, this driven by its new geographical markets. The new markets could means South America and Europe.

http://www.thestar.com.my/business/business-news/2016/12/10/rgb-eyes-strong-growth-again-on-demand-for-gaming-machines/

For my opinion, RGB is definitely undervalue, with its latest annualised FY16 EPS, its PE is only around 12. Some said small company with PE 12-13 is not cheap, but if you study the Bursa, there are many small companies with losses, but their share prices more than 50sen. Moreover, RGB settles its debts of more than 100mil within 3 years, this proves that the company cash flow is very strong.

Therefore, within 2 years to achieve share price of 60sen is possible. A company with low PE, strong cash flow, and good prospect with current share price below 30sen, I think is not easy to find in Bursa nowaday.

Because VT is confident with BJCorp future potential growth, the logic is as simple as that.

The company also registers profits for the last three quarters. Net cash plus turnaround and nbv of 0.04sen (as per RI prospectus after the exercise), the current price of 3 sen is obviously undervalue. This is my personal view.

just wait for good news!

with the completion of right issue (100% subscription), as per RI prospectus, the company will settle the debts of 3 mil, left with net cash of 29 mil. About 10 mil will be used to expand newly acquired e-payment business and another 10 mil use for acquired potential business. The timeline for utilisation of the fund is within 1 to 2 years.

In bursa, a penny stock with net cash of over 20mil is not many. Hence the risk is very low and with potential of good return.

bintang21,
Thanks for your explanation. I apology for my misunderstanding.

duitKWSPkita,

Thanks for your good comments for both of us.

This is a open forum, we discuss with our open heart and sometimes argument will inevitably happen but this is very normal for the open discussion like this.

bintang72,

Follow your theory, if investing in QL is not proper, then we should also stop eating meats and convert ourselves to become vegetarian. As both also indirectly causing the 'killing' activities.

Again simply curse ppl (i.e you are not spare for your ignorance) is also not Buddha's teaching. It is a bit extreme.

This is free world, everybody can express their view freely. Even likes plantation stocks, some ppl accuse their activities destroy the eco system, therefore should we stop to invest in plantation stocks? It is very normal if we have different views but please don't curse people. This is against the Buddha's teaching.

This is my last comment on this issue.

QL is a good company, recently the company acquires Kembang Subur, KS owns largest shrimp hatchery in Malaysia. QL seems to be very serious in this business, ie now covers both upstream and downstream operations. This new venture offering significant growth potential for QL in the future. Below is the link for Kembang Subur's corporate video :-

https://www.youtube.com/watch?v=AhBKDBXipdY

Unless all of us are full-time vegetarians, otherwise it is actually wasting time to discuss about whether QL is a 'killing company' and whether we should become its shareholder.

Many of us eat meats, and where are the sources come from ? Of course from butchers, fishermen, companies like QL, Lay Hong, Leong Hup etc. If we eat meats and blame the main sources as 'evil works/activities', where is the logic behind ?

If you decide to believe this theory, please convert to full-time vegetarian now, otherwise you should keep investing in companies which you think can provide good return in the future. Remember, stick to your own principle and don't affect by external factors.

The listing of Tune Thailand already confirmed sometimes in first half of 2016. The immediate pending news is the acquisition of Indonesia subsidiary, according to the source(from The Star Mar 14, 2015), the due diligence already completed and the news is going to release anytime from now. The new subsidiary will be operating before first half of 2015, meaning that everything will be finalized before 30/6/15.

Tune insurance is expand rapidly in Thailand. Its marketing strategy impress Thai clients (rapid compensation). http://www.pressreader.com/thailand/bangkok-post/20150423/282527246975852/TextView

Tune insurance is a good company for long term investment based on the following :-

1) The company going to list their Thailand operations sometimes in first half of 2016. The company already appointed agent to help them on the process. Therefore, unlocking the potential value for shareholder.
http://www.dealstreetasia.com/stories/exclusive-tune-insurance-to-launch-ipo-in-2016-considers-ma-for-growth-4292/

2) The due diligence of acquisition of Indonesia unit already completed and will be operating before first half of 2015. That means announcement will be released at anytime.

Accumulated now for good investment.

In the fourth quarter of 2014 financial report, the tax is positive (1.5mil) instead of negative, LCTH states that 'these were due mainly to the utilization of unabsorbed tax losses in the reporting periods and the recognition of deferred tax assets to the extent that the unutilized tax losses carried by a wholly owned subsidiary be offset by foreseeable taxable profit in the future.'

In 2014 annual report, the company has unutilized tax losses of 47mil, this depend how well the company plan their tax planning, if all these could be utilized to offset the foreseeable taxable profit, 47mil is huge and potentially a hidden assets to the company.

I don't know much about tax, anyone here can explain further on unabsorbed tax losses and in what circumstances, a company can utilize it to offset the taxable profits. Thanks.

The latest article by The Edge reported that the company plans to buy a piece of land in Penang for further expansion due to maximum utilization. As layman view, I think the prospect of the company is bullish, otherwise the company will not think of expansion just after 1 year of turn around following the restructuring of certain operations.

Accumulate now for good investment.