Strong FA..... underpriced still?



The Group’s construction and property earnings continued to improve this quarter as works on all
fronts picked up pace on the back of rigorous Covid-19 control measures adopted by the Group.
However, traffic plying the expressways declined as enhanced movement restrictions were reimposed
in the Klang Valley this quarter.

The Group posted a quarterly earnings of RM214.1 million compared with last year’s quarterly loss of RM12.5
million. The increase in quarterly earnings was due to stronger construction and property earnings as works
on all fronts picked up pace on the back of rigorous COVID-19 control measures adopted by the Group, and
the absence of last year’s one-off non-cash IBS assets impairment of RM148.1 million.

The Group posted a quarterly revenue of RM1.1 billion or 41% lower than last year’s quarterly revenue of
RM1.8 billion as the first phase of MRT Putrajaya Line (formerly called MRT Line 2) traversing from Kwasa
Damansara Station to Kampung Baru Station nears completion.




Prospects have brightened, though recovery is likely to remain bumpy and dependent on the effectiveness of
public health measures and policies to contain the Delta variant. Stimulus for infrastructure development,
though constrained by rising government fiscal burden may see some momentum with the Government’s
revival of public-private partnerships (PPP3.0).


It is anticipated that next year’s performance will be driven by overseas and local property sales, and the
continued progress of MRT Putrajaya Line (formerly called MRT Line 2). Moving forward, the resilience of the
Group is underpinned by its construction order book of RM4.5 billion and unbilled property sales totalling RM4.6
billion which will see it through the next two years. On top of that, the Group has a healthy balance sheet with
low gearing of 0.2 times and a strong cash position.

Going down or not? EOT until 17th Nov.....


There were no significant unusual items affecting assets, liabilities, equity, net income or cash
flows for the Group during the current quarter and financial year-to-date other than the waiver of
debt under the approved debt settlement, reversal of provision made under Pengerang Gas
Pipeline Project, and gain on the valuation of KL101 Barge


c) On 3 June 2021, Bursa Malaysia Securities Berhad (“Bursa Securities”) has granted the Company an extension of time of six (6) months up to 17 November 2021 to submit a regularisation plan to the regulatory authorities (“Extension of Time”).
The Extension of Time is without prejudice to Bursa Securities’ right to proceed to suspend the
trading of the listed securities of Barakah and to de-list the Company

So far only complaints and headaches..... would NIIS solve all?

Got some guts feeling that 1.1b is not enough.....need to topup.....


https://www.themalaysianinsight.com/s/342017

https://www.malaymail.com/news/malaysia/2021/09/28/a-g-finds-security-breaches-forgeries-in-immigration-system-calls-for-robus/2009033

https://www.humanresourcesonline.net/malaysia-s-immigration-department-addresses-mytravelpass-causing-delay-claims

MMC has so many plan to do M&A but seems stopped here and there


Let's see next coming months if we would see any big surprise....

Any progress per last handshake with Microsoft?


If refer to all-time chart, it's overall uptrend....but last 6 months looks worrying...as long not break Support then ok....

In term of FA if they can steady the ship further post-Dnex disaster, then maybe will continue see something........


anyway i personally still think this counter would be a long-term GST 'winner' in the making..... (maybe mid or q3 next year)

Ok 4xx resistance was pretty strong

but recovery segment would be in play soon.....


FA side - on profit level personally i guessing it would be lower than before....but revenue seems still steady....



500-600mils~ ish with less than 50mil profit hmmmm

Their RE segment acquisition plan no new announcement?

Waiting for new Gov adjustment?

This counter 'underrated' .... FA so steady yet not reflecting nicely at chart....nothing make sense in Bursa sometimes lol


Operators don't like because too nice? 5g is nearing.....prime candidates for tower/infra would be them or Rohas



Also let's see whether this long accumulation by EPF would bring something or not......


https://www.thestar.com.my/business/business-news/2021/09/03/stronger-earnings-momentum-seen-for-ock

Crazy nonstop buying from insider?

This counter would assist in 4g/5g or not .....from report looks only small bit


FA not really convincing...in fact revenue is stagnant if not going down lol


24 Sep 2021 Acquired
1,119,700 MR MONTEIRO GERARD CLAIR
24 Sep 2021 Acquired
1,119,700 MR MONTEIRO GERARD CLAIR
12 Aug 2021 Acquired
100,000 MR MONTEIRO GERARD CLAIR
12 Aug 2021 Acquired
100,000 MR MONTEIRO GERARD CLAIR
11 Aug 2021 Acquired
244,400 MR MONTEIRO GERARD CLAIR
11 Aug 2021 Acquired
244,400 MR MONTEIRO GERARD CLAIR


Digital &
Infrastructure
Services
RM'000


2,547

Company with such strong FA


The potential destination is sky high i guess?

The last Q result seems not impressive

Need management people injection?

With 5g just around the corner, if they missed out this opportunity then should branch out to different business lol

finally BO? wow

how far can this go

Will the company have enough warchest after finish this PP?


Border re-opening soon.....immigration would need better systems by coming years, if work doesn't start now....when project will finish lol?

Huat mode coming in 2-3 weeks?

Let's see if this 'gem' can hit sky high like pre-Ismail Sabri inauguration


Anyway soon 90% vax rate, congrats Malaysia

Whats the actual plan for Boustead.... going private?


Will Mindef awards anything to it's subs in coming months?


The closest is vaccine expansion.....3rd dose @ booster (via Pharmaniaga?)......so far FDA not agree yet for general public in US

really dependent on construction @ recovery

maybe suitable for mid-long?


there are days with super low volume lol.....

wow from 705 to 800


will it create a new Support?

Go time for this counter?


https://www.dailyexpress.com.my/news/177528/cinemas-to-reopen-thursday-for-the-fully-vaccinated-ismail/

Can this counter break 250 and back to NIIS award price?

Wonder who would be the KDN Minister tomorrow....

Doubt any further lockdown.... 80% of each category due to no vaccine or incomplete dosage

Let's see who would be the Tourism Minister tomorrow....bubble travels? :)

This counter not for trading i guess

Even before covid last year......about same range only.......

sudden 1 long bamboo?

what happened to their HC business idea? gone?

Still under the radar?

I'm guessing it would be back to 4xx range soon

wow bimb

back to rm4 range, seems bankers all green.... QR all showing happy results?

Sudden interest?

Project award soon or something is brewing lol

Steel is back?

Let's see if they scamming retailers or keep moving forward lol

yeah, interesting.....not sure if current price is already reflected in or not....

20 Aug 2021 Other
34,424,587 TJN CAPITAL SDN BHD
20 Aug 2021 Other
34,424,587 MR ANDREW TAN JUN SUAN
20 Aug 2021 Other
34,424,587 MR ANDREW TAN JUN SUAN
20 Aug 2021 Other
34,424,587 MR ANDREW TAN JUN SUAN
19 Jul 2021 Acquired
16,000,000 MR ANDREW TAN JUN SUAN
19 Jul 2021 Acquired
16,000,000 MR ANDREW TAN JUN SUAN

All the PP fellas with 12c TP early today?

seems stuck lol.....

Rally king for today

Something is brewing?

Seems interest is there...... let's see if can break 230

It's going down?


Just had quick look on the people/ex-people

seems got some blue color strong political link....


Order book come from where normally? Boustead?

Seems potential VCP formation failed?

going down soon?

Will this counter match the lowest as per last March 2020?

Or will it go lower?

Can break 230?

Seems like 3 white horse.....

what a crazy counter....I witness the 'peak' of this burger brand when they 'won' HK/CN market distribution biz?

where are we now lol


Bursa really has no logic sometimes....... hope one day the related parties got caught.....

Looks k.o . long way down.......

20k cases hmmm

Low vol, let's see if tomorrow got rebound

Any chance to hit 4xx range?

Seems may need some time before Oil bull returns..... let's see after our vaccination rate hit 50% ++

Looks so buoyant, what is the next TP?

Can be back to 4xx or 5xx range?

Sadly Gkent diversification choice......is terrible....if not poor?

the buy-backs attempt not worth it if they want to appease investor with this 'B' plan lol


I'd doubt they will win any new big LRT/MRT/Rail project due to previous associations..... prospect is limited to water-related biz i guess?

Should copy Taliworks and diversify a bit to Highway + Solar biz......


Let's see in 2-3 months maybe they got some other ace card in pocket....

After some time....this counter seems being disliked by many due to it's Political/Gov ties @ influence.....what happened if current leadership stumbles?

Long term investor is looking for stability..... they want to avoid Prestariang 2.0 3.0 4.0 etc


In term of risk taking, once travels ease.....Iris will surely rise as our immigration system will eventually need to rise up and upgrade or refresh it's backbone.....

I'd say go LONG but risk/reward ratio ....not very sure worth it or not lol

Dnex so far looks slow and steady

buy below rm1.....after rm1 become Support later on and once FA showed improvement..... sky is the limit


go LONG

so far so good aye'?

potentially one of Bursa top riser in 2021.... delicious FA growth....good booming sector


Let's continue to monitor

How's our bluetooth friend doing nowdays?

Vol looks dry.....in terms of FA.... next Q can report a better result?

It seems average daily vol going down......people start jumping to undervalued recovery sector?

hmm sideways.....

This stock slowly going up lol.......better starts accumulating now

Any idea how much value per Block typically @ roughly one can gain?

Need patience this counter..... last time when up....it retraced hhealthily

Expecting it doing the same soon......i think whoever hold Long will be the absolute winner here



This is futuristic (semicon sales money to China/TW market) + recovery (oil) counter with little bit hint of IT (cable + system solution)......if ever do short or medium term, need go by TA

Just see what happen to Aemulus once they JV with a right partner......superb recovery from loss-making to green color

Will the double listing give better overall valuation to the company?


TG owners should start thinking diversification.....or maybe can retire happily ever after.....

Recovery is just around the corner..... the moment KJ @ Gov announce more vaccine shipments.....doubt the counter will go anywhere later this year.....

So far seems accumulating @ sideways in 130/135/140 range

Daily RSI range around 42-50


Let's see if will continue or nearest strong Support 130 will break.....hope not