From AR2020,company still has 580k cash,i guest they will do pp,this one very similar to gp,shoot to above $1.50,drop below $1,pp around 0.60

go SSM to check JR then u know they afford to pay $300 mil or not

survivor13,what i meant is how much they can earn if really awarded contract,at the moment they did not earn a penny for the last 5 years instead losing hundred mil,$1.29 bil market cap is justify/reasonable?

I will not believe $1.50/shares until i see the transactions value published by bursa

This company never stayed above $0.50 since ipo,nta $0.10,im very doubt someone will pay 15x the nta to a loss making company.Pay them $1 the laugh until die already

I have few questions here hope someone could answer me,(1) what is the financial conditions of the company JR JOINT RESOURCES,which they paid $300mil for the shares bought,any link to prove the transaction value? (2) How much the can make if they get the gov contract?The market value after 30% drop still whopping $1.29 bil ,make me scratch head!!

i guest Kpower's market value will surpass scib after coming q,both 13bil book order,but kpower net profit margin much higher than scib because it ventured into utilities/hydropower

scib volume past 3m and kpower 2.5m to sustain the run

successful to unload some at 3.51,being caught at average 3.45,lucky to grab some below 3 to average down

both kpower n scib not so many outstanding shares,easy to manipulate ,cannot refer to daily chart

scib new high but volume less than yesterday n day before,may come down afternoon ,kpower must close above 3.38 then next leg up

cakes,happy for u ,should hold a bit longer,rsi and macd reversing hopes today volume can surpass 3mil to test 3.38 again then big chance to 3.50 in few days

under estimate

dont under this kpower's earning ability,revenue from 31mar-30june gain 20+% but the net income leaped 175%,this is like supermax,i like it,way better than scib

2.35? If u buy at 3,your risk is 10%,i bought some this morning 2.96,average 3.45.one year after RTO,the 13.7 bil order book from june 19 to aug 20 starts to kick in,average 350mil revenue/year for 4 years.I estimate the net income for next Q to be released NOV around 10 mil

i believe,100k shares $300,000 only ma

the 100k shares sapu by 1 big buyer,maybe karim

closing is good good,both volume and highest point r lower than yesterday's ,if tomorrow cannot break 3.66 with high volume,price might go down again,just my 2 cents

if u know this stock is going to $4,why not buy now after 63sen dropped from high?i bought some at 3.04 today,this is not a buy call.last correction drop from 3 to 2.50 then shoot up to 3.63,this time 3.63 to 2.90 then shoot to ?

my estimation of fair share price at 113mil shares of kpower, 1.3bil revenue divided by 4 years is 325mil/y,10% net profits is 32.5mil,divided again by 113mil shares =0.287 eps. 14xpe is $4

share price is under pressure because many expecting split is around the corner not dec

If u worry about the eps dilution of pp,last 3 q earning almost 100%"average" q/q,big project sure bigger profits right?Even those bil $ construction company has to take loan to run projects.

I think they will modify the split to 2 to 1 bonus issue come with rights share so we could subscript,not pp to third party let them benefits.This is better than taking loan and at the same time the company share base is more liquidity,im just guessing

Kpower just turned around to profit last year,rising fund for projects is normal,order book around 1.3 bil in a year since karim took over,another 2 bil coming.Not many construction/epcc company can get 1.3bil order book/year.Serba dinamik secured 2 projects at Abu Dhabi on 15 apr and 6 aug for the sum of 9bil,if 20% of works awarded to kpower ,will be 1.8bil.

sorry 1.3bil

why worry if u have 13bil order book and another 2bil coming(assuming),13 bil enough for them to busy until 2024

it is normal for a growth company,either u pp or take bank loan to fund your projects,next 2 or 3 quarter earning coming in should be enough to fund future projects then no need pp anymore

foresee another big project coming before dec

karim is good to us,he can split first and then pp at price around $1.70 if he wants,he can subscript few mil shares again at very cheap price

samtuckfatt,as i said there will be another pp before dec,if they want to modify the split to give us a better reward no need to takes another 3 months until dec,just my 2 cents

hoh13,from the statement given im pretty sure another pp coming,thats why the split has to postpone to dec ,if pp after split the pp price will be too low,unfair to us.

they price the last pp around $1.70,now another 300mil contract awarded,still want to pp at around $1.70? No way!

postpone of the share split to dec is good for shareholders,if they split now share will drop to around $1.70,the price is too low for another pp.If they pp now before split they can fix the pp price around $3++,am i right?

good entry price below 3.75,50% retracement from last gain

those caught from 7aug to 13aug above 0.27

today cannot close 0.30,0.275 is good enough,facing huge distribution who get caught last week around 700mil shares

sharks try to scare u by selling at 0.26,but buying power very strong with volume so they turn to buy and ride the trend up,foresee closing 0.27/0.275,near term test 0.32 at upper bollinger band

the remaining 22% shares buyer still unknown,maybe proxy once announced i think awang should has collected enough and mgo

sma20 at 0.25,today volume must above 120mil close at 0.275 to ensure another leg of uptrend

will istone become kpower 2 ?

very cheap,loss making xox also trading at 0.21

volume almost doubled within 30 minutes,stay above 20day sma 0f 0.25

must break 0.25 with volume more than 50mil shares for another uptrend

miss Tee has 395mil shares before dispose to mr awang,assuming she can offload all at open market 0.20 is $79mil .Now she has 65mil shares only after disposed to awang at 0.175,in order for her to get back $79mil,her 65mil shares must sell above $1.20.I strongly believe istone will go to $1.20 next year,any new project from awang will cause limit up,this is just my opinion not buy call

very funny,3.05 dont want to buy limit up many q to buy hahaha really sohai

even talk about 100 times vaccine also ok because value appeared after massive of negative news hitting the glove,when value is there no one can stop it from rebounding

$3 is concrete bottom,tested 4 times also cannot break

must close above $3.60 over 70mil shares to confirm end of correction,close above $3.85 last friday high even better

vaccine,winfall tax,no contra all bad news came in few days but careplus still above $3,today is the 4th time tested $3 support

today glove stock 99.9% close day high,all glove counter did not break new low today since last wed