If retrenchment it's good. Means that management is prudent in cost savings

Any news about the retrenchment . Where can I read about it ? Sedania is a relatively new company with low employee headcounts. I don't see why the need of retrenchment

Some goodies coming wct's way

no seller already. very easy to push

pondan maddddddd liao going to miss the rally in palette. kikikiki

Pondan will miss out this rally in palette

attackkkkkkk!!!!

Be greedy. Time to relook at palette. Weak holders all flushed out . $$$$

Be patient bro.. they will recognise the revenue next quarter. 0 revenue is because of new financial year

Change of financial year end

The initial marketing campaign for iMedic is now in full swing, with key doctors being recruited. In addition development has started on the IOS Apple version of
iMedic to broaden its appeal. Overall efforts are on track for revenue impact within Q3. On the SDN Network product front, the first trial has concluded and new
features are being added in order to get it ready deployment in the very near term. A number of key prospects have begun detailed evaluation of the product and
we expect increasing interest as its live deployments start.

reversal pattern spotted. Next week should trend upwards to first resistance at 2.45. Hopefully can fill the gap at 2.55.

Good luck

Front page results is correct. But they uploaded the wrong file. Instead of 31 March 2016, they uploaded the file for 31 March 2015

Good. But next quarter will be even better with revenue recognition from the 2m imedic sales to griffin

next week confirm fly

I think you should

where is DON_JUAN? crying d?

ok close to 80c can take profit d

Broke major resistance. Next week can see it trading close to around 60c. All the best guys

dont miss this chance

watch for rebound towards 80c

Yeap. Next week should rebound from 73c to at least 80c. It will trade within this range in the near term

no target price. unrated coverage

29th March*

sorry, cannot disclose my email address. But the one i posted above is the actual report copy and pasted. :) issued on 28th March

source: CIMB Research

time to buy

From waste to paper
BHS has embarked on a new environmental business that utilises what management describes as “ground-breaking technology” to process palm empty fruit bunches (EFB) into pulp and paper. This technology, called PRC-RBMP, is patented in China, Malaysia, Indonesia and Thailand. The EFB fibre length produced by the PRC-RBMP technology has been tested and verified by the Forest Research Institute of Malaysia.

Malaysia: a net importer of pulp and paper
Malaysia currently consumes 3.2m MT of pulp, paper and paperboard annually but only produces 1.9m MT. Hence, it is a net importer of pulp and paper. On the other hand, Malaysia generates 20-30m MT of EFB a year, which has no economic value other than as biomass for energy generation. At an average price of US$700 per MT for paper, there is an addressable market potential of US$4.9bn domestically.

Building a plant in Pekan
BHS has been granted a 26-acre piece of land in the Pekan Green Technology Park to set up a 10,000 MT wood-free paper pulp production line that will be ready in 1H17 at a cost of RM50m. The EFB will be secured from Felda’s surrounding palm oil mills in Pahang. Management has guided that the plant will add RM12-15m to its bottom line when it is ready.

BHS to trade at only 2-3x P/E?
In phase 2, Felda-BHS is exploring a JV to build another plant with 100,000 MT capacity. it is possible that the project could yield net profit of RM120m-150m, according to management. Assuming BHS holds a 50% stake in phase 2, this could translate into total group net profit of RM72m-90m (including net profit of RM12m-15m from phase 1). At the current market capitalisation of RM200m, this translates into a prospective P/E of only 2-3x.

Felda: a strategic shareholder and partner
In Sep 2014, Felda emerged as a substantial shareholder, with an 11.3% stake in BHS. BHS is partnering with Felda and has secured unlimited access to Felda’s EFB for 10 years at RM10/MT.

Valuation
In our view, the closest comparables for BHS are CB Industrial Products (CBIP), which manufactures, markets and trades palm oil mill equipment, and Heng Huat, which converts EFB into mattresses and cushions. CBIP is trading at a FY16 P/E of 12x based on the Bloomberg consensus forecast while Heng Huat is trading at a historical P/E of 14x FY15.

congrats everyone

Sold. Intraday. If comes down lower, might reenter for overnight position.

@bleuerouge, your analysis quite geng. There's only 3 ways a stock can move, sideways, down or up. Lol

potential limit up. i think still can go in

Source pls. Who interviewed hum ? You ? Why his answer the same as 2 years ago

Lol Mr.cb. nice 1 haha

If you buy when icon promoted at 52. You still make 2c as of today. BTW , if you buy today, there is still a good chance you will make money

@ckk2266, i bought at RM1 . lol.

Momentum is coming already. Watch out

Everyday buy back shares . Almost absorbed all the selling pressure by the singaporean fund already. Might begin recovery soon

Tomorrow fly lorrr

Rm5 ?

0_o tomorrow break 1.20

What do you mean up ? Tomorrow will flyyyyy

Next week breach 1.3

While everyone is busy selling and panicking, I have actually started nibbling. Going to buy instacom in a few tranches

Gap up 1.20

Coming already . Guys you're patience had finally paid off. Wednesday whack focus wc. Exercise price reduced to 5c. Hosei liao

Will rebound back to at least 80c

hahaha. i really can go buy ticket and enjoy my trip in holland with my family soon :)

I waiting my Starbucks and cheesecake

Zero transaction better than it going down right. I'm still waiting for my 20c. Hehe

:)