Malaysian listed companies no longer allowed to hold virtual-only general meetings next year — regulators
https://theedgemalaysia.com/node/724984

How about any1 of you interested to be no 1 Fintec shareholder? If not mistaken major shareholder only own 0.54%(less than 1%) of Fintec? Can we join force to be no 1 shareholder? Once become no 1 shareholder how about removing BOD not taking care our interest?

3 sen dividend ex-date 26th Sep is extra compared to 2023.

>40% discount to related Ta Ann is it justified by latest QR?

Privatise at RM 1.5-RM 2.00 will PM-X dare to announce? Other PM dare not that's why GE all lost after FGV listing.

EPF cut loss like in CEB after director disposed?

EPF employee in i3 which id?

EPS 2.37 sen declared despite MSM loss.

Dividend declared 0.25 sen a lot? I better place FD.

NTA only 61 sen, no wonder long time boss Hamdan 99 sen selling.

TA TP RM 1.06, MIDF TP RM 1.07.
https://www.thestar.com.my/business/business-news/2024/08/16/water-re-assets-to-bolster-ranhill-utilities

Old boss who sold to Dato Ong not interested to come back?

Why? Margin call is for retailers. Before IPO not Ms Tee family own 100% CEB? If left 11% not meaning her family sold 89%? Even at avg 50 sen selling price Ms Tee family can get > RM 440 million cash why can say boss no money?

Collect more RM 7.87.

20 sen Ms Tee CEO buy back?

pang72

So many rumours?
Why nobody want to listen to my fact of 20c coming!

32 minutes ago

NationGate, CMY and Soh Chee Wen pulak? MCA pun ada? Why Bursa no news?

Ranhill similar EPS 0.5 sen latest QR >RM 1.4 can why Skygate cannot?

Harta QR poor also >RM 2.6 why Kossan better QR(compare latest released) cannot?

Ranhill Utilities - Still Lacking Firepower; Keep SELL
Date:
2024-08-15
Firm:
RHB-OSK
Stock:
RANHILL
Price Target:
1.10
Price Call:
SELL
Last Price:
1.46
Upside/Downside:
-0.36 (24.66%)
Maintain SELL, with new MYR1.10 TP (from MYR1.15), 26% downside, c.1% FY24F yield. Ranhill Utilities recorded a 1H24 core profit of MYR16.9m (-27% YoY) – missing expectations – making up 36% and 32% of ours and Street’s estimates. The negative deviation was mainly due to the weaker- than-expected performance of the engineering services and power divisions. With hefty valuations in the absence of any sizeable near-term catalyst, we maintain our call on RAHH, which is trading at FY25F P/E of 40.6x, >2SD above its five-year mean P/E. Dividend yields are unattractive at just c.1%.
For 1H24, the PAT for the water segment dropped slightly by 2% YoY as the higher revenue from the tariff hike for domestic consumers (effective February) was offset by higher amortisation on service concession assets of RanhillSAJ. The engineering services segment saw a larger YoY drop in PAT of 22% in 1H24 due to a reversal of profit for a detail design engineering project awarded by a Brazilian oil and gas producer. Likewise, the power segment recorded a 12% YoY drop in PAT in 1H24 due to derecognition of capacity payment by Ranhill Sabah Energy II plant (related to a failure despatch incident) plus higher maintenance costs.
While we view YTL Power International (YTLP MK, BUY, TP: MYR6.68) could enhance RAHH’s operational efficiency in the long run by leveraging on its existing experience in the power and water services sector, the only near- term catalyst we see is the plan to supply water to Penang from Perak through the proposed Kerian Integrated Green Industrial Park. RAHH may benefit from such plans via its subsidiary Ranhill Water Services, which has clinched water projects beyond Johor – namely the MYR61.5m job to replace old pipes in Kelantan covering a total length of 103km secured in Mar 2022. Other jobs include laying c.52km of new mild steel distribution pipelines throughout the Royal Malaysian Navy base in Lumut under a contract worth MYR38.5m.
Other developments. The RAHH-led consortium for Indonesian Djuanda source-to-tap water project (estimated treatment capacity of 605m litres per day and capex of USD600m) has resubmitted the feasibility study (resulting in further delays to obtain initiator status). Once accepted, then an initiator status would be granted to the RAHH-led consortium, enabling it to bid for the said project via a public tender with a right to match advantage.
As results missed expectations, we slash FY24-26 earnings estimates by 12%, 10%, and 7% post earnings adjustments for the power and engineering services division, which was weaker than expected. Therefore, we arrive at a new SOP-derived TP of MYR1.10 (from MYR1.15) which bakes in a 4% ESG premium based on an ESG score of 3.2.
Risks to our call: Higher-than-expected water consumption and faster-than- expected job replenishment for its engineering services arm.
Source: RHB Research - 15 Aug 2024

RM 1 can.

speakup

buying opportunity?
sai lang?

1 hour ago

What hanky panky? Why up even CEO selling? The much hoped new substantial shareholder still not appear. Hope PM-X will go asap like Thailand PM.

WCT Malls CEO Selena Chua’s vision for growth and excellence
https://theedgemalaysia.com/content/advertise/wct-malls-ceo-selena-chua-vision-for-growth-and-excellence

Bursa no news so CEO Ms Tee 11% holding is final yet still no 1?

https://www.klsescreener.com/v2/announcements/view/7662607

New buyer is i3 members who promote here?

No new buyer also not good news correct because Ms Tee still no 1 shareholder?

Loss 10 sen in 2 hours.

OTB

Posted by limch > 33 minutes ago | Report Abuse

i3 no 1 sifu OTB TP RM 6.3 why left RM 4.5+ today?
-----------------
I am sorry if I cause you to lose money.

The next support is at 4.46 and 4.22 respectively.
I continue to buy on weakness at support.
I bought some at 4.61 today.

i3 no 1 sifu OTB TP RM 6.3 why left RM 4.5+ today?

Fahmi: Unlicensed socmed platforms risk heavy fines, imprisonment
https://focusmalaysia.my/fahmi-unlicensed-socmed-platforms-risk-heavy-fines-imprisonment/

Ong Choo Meng wants to sell Big 4 gloves companies not interested to take over?

MRT ridership increase so HSR more viable in future?

Ding-dong RM 1-1.20 until next QR?

Staffs made rich by Calvin followers buying?

UEM Sunrise is expected to recognise a net disposal gain of RM32 million. Almost 4 times Q1 24 profit.
https://theedgemalaysia.com/node/715850

Yinson up why Icon down?

High fuel(diesel) price means less car sales in future?

DC hot topic in i3 why nobody talk here? UemS have plenty of land to build DC. Near S'pore is UemS advantage.

More egg subsidy promised if govn don't pay how?

Diesel up RM 1.2 why egg reduce price some more is good?

Reduce travelling trips is my way to counter diesel increase.

Diesel up RM 1.2, Gudang need more to store goods before shipment?

Gudang become DC? DC hot topic in market nowadays.

Few days ago is June 24 so 2nd qtr, QR is in Aug'24. Fly or not not sure. Current price seem stable abv RM 1.2.

Posted by HugoUPUPUP > 52 minutes ago | Report Abuse

@limch Sell land profit will calculate which quarter? Stock will fly?

lehubeng VR can it be sold for RM 400 mil as you wish? I monitor almost 2 week since latest QR VR hardly traded or no volume.

Diesel RM 3.35(up RM 1.2 this week)/ltr good for Penergy eg get more contracts?

Uem S not contractors so no need to come out money, just provide land and get money from selling land.

Why down, who sell? HSR to be revived is good for Uem S as land owner.

The previous takeover offer rejected so must offer better eg 1 Yinson for 1 Icon?

EGM(28th June 24) why not propose buy 1 Ewein get 1 NationGate?

11 sen dividend declared in 2023 if can maintain next 10 years, meaning we will get RM 1.10 from dividend paying 50 sen balance for other assets.