UK to allow foreign students to stay for two years after graduation to find work
Thursday, 12 Sep 2019

LONDON: International students will be able to stay in Britain looking for work for up to two years after they graduate under new rules announced by the government on Wednesday.

Under current rules, introduced by former prime minister Theresa May when she was interior minister, students are only allowed to stay for four months after they finish their degree.

“The important contribution international students make to our country and universities is both cultural and economic. Their presence benefits Britain, ” Education Secretary Gavin Williamson said in a statement.

“Our universities thrive on being open global institutions. Introducing the graduate route ensures our prestigious higher education sector will continue to attract the best talent from around the world to global Britain.”



There will not be a cap on the number of students who can apply for the graduate route, it said. There are about 450,000 international students a year studying in Britain.

It will apply to those who start an undergraduate level or above course from next year in any subject at “a trusted UK university or higher education provider which has a proven track record in upholding immigration checks”.

“About time. Should have reversed this silly policy years ago. Britain should always be open to the best talent from across the world, ” finance minister Sajid Javid said on Twitter.

But with concerns over levels of immigration a key driver behind Britain’s 2016 vote to leave the European Union, the move was not universally welcomed.

Migration Watch, which campaigns for less immigration, said it was a “retrograde step” which would lead to foreign students staying in Britain to carry out low-skilled jobs.

“The government only seems to come up with ideas for how to increase immigration, ” it said on Twitter.

“Our universities are attracting a record number of overseas students. There is no need to devalue a study visa by turning it into a backdoor route for working here.” - Reuters

UK to allow foreign students to stay for two years after graduation to find work
Thursday, 12 Sep 2019

Read more at https://www.thestar.com.my/business/business-news/2019/09/12/uk-to-allow-foreign-students-to-stay-for-two-years-after-graduation-to-find-work#K3JIAgusm4ZPTypL.99


LONDON: International students will be able to stay in Britain looking for work for up to two years after they graduate under new rules announced by the government on Wednesday.

Under current rules, introduced by former prime minister Theresa May when she was interior minister, students are only allowed to stay for four months after they finish their degree.

“The important contribution international students make to our country and universities is both cultural and economic. Their presence benefits Britain, ” Education Secretary Gavin Williamson said in a statement.

“Our universities thrive on being open global institutions. Introducing the graduate route ensures our prestigious higher education sector will continue to attract the best talent from around the world to global Britain.”



There will not be a cap on the number of students who can apply for the graduate route, it said. There are about 450,000 international students a year studying in Britain.

It will apply to those who start an undergraduate level or above course from next year in any subject at “a trusted UK university or higher education provider which has a proven track record in upholding immigration checks”.

“About time. Should have reversed this silly policy years ago. Britain should always be open to the best talent from across the world, ” finance minister Sajid Javid said on Twitter.

But with concerns over levels of immigration a key driver behind Britain’s 2016 vote to leave the European Union, the move was not universally welcomed.

Migration Watch, which campaigns for less immigration, said it was a “retrograde step” which would lead to foreign students staying in Britain to carry out low-skilled jobs.

“The government only seems to come up with ideas for how to increase immigration, ” it said on Twitter.

“Our universities are attracting a record number of overseas students. There is no need to devalue a study visa by turning it into a backdoor route for working here.” - Reuters

Ready to breakout 70sen soon

Technically, ecoworld now in the midst to breakout immediate resistance level to establish uptrend line ahead of Q3 result next week

Block B and C of London city island had commenced handover in May 2019. These 2 block of apartment worth GDV RM 1 billion will be reflected in upcoming Q3 result (May-July).

In additional, phase 3A of Aberfeldy Village also handover commenced in April 2019.

The change in currency exchange between pound and RM will only reflect in company assets and liabilities, recorded in change in NTA

These change in currency however will affect company profit margin. As long as company report profit in coming Q3 result (due to lumpy profit recognition after 2 block of london island city handover unit), lower currency pound will only affect lower RM profit, but still better than none.

Ecoworld control about 27% EWI, the upcoming EWI report profit will equity account in ecoworld upcoming EPS, show as incremental earning rather than equity account loss in previous Q2 when EWI report Q2 loss due to very mall number of unit handover.

EWI also adopt natural currency hedging. The company borrows in different currencies and remit these for UK project in pound and to Australia in AUD and these are swapped back into the borrowing currency. As for RM denominatred MTN, EWI remit the fund to the projects based on the required cuurency and are swapped back to RM. Hence, the fund raised will not be subject to exchange rate fluctuation. It is however, may incur some forex gain/loss in the these swap process.

The change in currency exchange between pound and RM will only reflect in company assets and liabilities, recorded in change in NTA.

These change in currency however will affect company profit margin. As long as company report profit in coming Q3 result (due to lumpy profit recognition after 2 block of london island city handover unit), lower currency pound will only affect lower RM profit, but still better than none.

Ecoworld control about 27% EWI, the upcoming EWI report profit will equity account in ecoworld upcoming EPS, show as incremental earning rather than equity account loss in previous Q2 when EWI report Q2 loss due to none unit handover.

sold back kps at 76sen

Ecoworld = 64sen
EWI = 64sen

lets begin to perform in next 2 week, which one will be winner ?

Ecoworld = 64sen
EWI = 64sen

lets begin to perform in next 2 week, which one will be winner ?

Block B and C of London City Island commenced hand over in May 2019

Block D, E, F of London City Island target to commence handover in Q3 2019

Block A04 of Embassy gardens target to commence handover in Q4 2019


Remark: All these revenue and profit recognition will be record in upcoming Q3 and next Q4 result as LUMPY profit due to accounting policy. Therefore, Ecoworld and EWI will record very good set of result in next 2 week.

Block B and C of London City Island commenced hand over in May 2019

Block D, E, F of London City Island target to commence handover in Q3 2019

Block A04 of Embassy gardens target to commence handover in Q4 2019


Remark: All these revenue and profit recognition will be record in upcoming Q3 and next Q4 result as LUMPY profit due to accounting policy. Therefore, Ecoworld and EWI will record very good set of result in next 2 week.

https://www.thestar.com.my/business/business-news/2019/09/04/opponents-of-039no-deal039-brexit-defeat-pm-who-promises-an-election

https://www.thestar.com.my/business/business-news/2019/09/04/opponents-of-039no-deal039-brexit-defeat-pm-who-promises-an-election

bought EWI at 63sen

bought ecoworld at 63.5sen

sold back Ewint at 64sen

https://klse.i3investor.com/blogs/MplusOnline/222077.jsp

These is golden opptunity to buy further AWC on weakness.

Add more AWC at 60-60.5sen

Next Q result profit is expected to be higher as another newly secure 3 year contract will commence from 1 sept 2019

AWC should instead deliver higher Q4 EPS 1.7sen if exclude one off item total RM 4.7m. Next Q result should return to normal. As long as AWC concession remain intact, it will ensure long term earning visibility. AWC strong cash flow enable it to reward higher dividend for shareholder. Declare double higher dividend for final dividend from 0.5sen to 1 se

bought awc at 65-65.5sen

bought back Ewint at 61sen

bought deleum at 82sen

bought back jaks at 78sen

add more TRC at 53.5-54sen

Malton EGM next week, to secure shareholder approval for 49% stake disposal in Bukit jalin pavilion mall.

Hohup will entitle RM 266m profit or about 70sen/share, the gain which is much higher than its current market price of just 52.5sen

bought back TRC at 55sen

bought back paramount at 1.29

sold back jaks at 86.5sen-87sen

Jaks Resources’ 2Q net profit triples on higher Vietnam EPC contribution

KUALA LUMPUR (Aug 21): Jaks Resources Bhd’s net profit jumped near three times in the second quarter ended June 30, 2019 (2QFY19), as it recorded higher earnings in its construction division, contributed by engineering, procurement and construction works in Vietnam.

Net profit for 2QFY19 rose to RM37.29 million from RM12.74 million in the corresponding period last year, bumping up earnings per share to 6.35 sen from 2.44 sen, its stock exchange filing today showed.

Quarterly revenue rose by 86% year-on-year to RM315.43 million, against RM169.99 million previously.

Jaks said its construction division recorded a significantly larger revenue of RM226.4 million, compared with the RM63.5 million it achieved in the preceding year’s corresponding quarter, following a higher amount of works done.

The better 2QFY19 earnings boosted the group’s net profit for the first half of FY19, which surged 116% to RM65.91 million from RM30.58 million a year ago (1HFY18), as revenue increased 65% to RM613.23 million from RM372.5 million.

Looking ahead, the group said its construction division will continue to be the main contributor in the second half of FY19 (2H), as construction works for the Vietnam EPC is expected to meet scheduled work plans and continue to deliver positively to the group until its completion.

Next breakout is 90sen, if Q2 result deliver as expected Q1 2019, EPS = 5.04sen (inclusive one off expense to cover share grant RM 19m), upcoming Q2 2019, EPS = Est 10sen (absence of above one off share grant expense), Jaks should breakout RM 1.00

Technically breakout resistance level, resume uptrend now ahead of upcoming stronger Q2 result

Jaks regaining momentum ahead of release Q2 result. The most powerful catalyst to move up share price is profit growth prospect. Jaks is expected to report increasing profit in 2 consecutive quarters.

Q1 2019, EPS = 5.04sen (inclusive one off expense to cover share grant RM 19m)

Q2 2019, EPS = Est 10sen (absence of above one off share grant expense)

sold back gbg at 1.38

sold back gbg-wb at 42.5-43sen

Add more jaks at 77sen

sold back bjland at 17.5sen

bought back bjland at 15.5sen

sold back kps at 93.5sen

Today also sold back RCE at 1.63

Add more gbg-wb at 42sen

bought gbg at 1.36

bought back jaks at 78-78.5sen

bought back gbg-wb at 42.5sen

be patient, announcement will be make very soon.

Add more hohup at 52.5sen

bought more ekovest at 84sen

Add more KPS at 91.5sen