https://theedgemalaysia.com/node/734540

This may give a glimpse of the sheer size of EXSIM Group's operations. It has awarded contracts in excess of RM800m to Binastra within a few months.

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=238222&name=EA_DS_ATTACHMENTS

Based on the RNAV methodology, the estimated value of the entire equity interest in WMG is approximately RM648.11 million, which translates into RM0.747 per WMG Share. The Share Offer Price of RM0.165 per Offer Share represents a discount of RM0.582 or 77.91% to the estimated value per WMG Share.

(The above is depicted on Slide 13)

Given its solid track record of having completed RM6.9 billion worth of projects in the last 5 years coupled, EXSIM should easily be able to replicate its success in West Malaysia and add value, on a fast track basis. to the existing undeveloped land bank that WMG currently has in Sabah with EXSIM's proven development concepts and building plans used in the West Malaysia.

However, the share price of WMG may not appreciate in the next 3 to 6 months. It may take at least 9 to 18 months before the investment community starts seeing the potential value of this company. Patience and faith are very much needed.

https://theedgemalaysia.com/node/734038
Seal Inc seeks shareholders' nod to guarantee associate's RM293m loan facility

The Exsim's Lim Brothers appear to be very slow and less competent in the corporate world though the group has been very successful in property development. Some of their peers and even their contractors have already reached the Billion Ringgit Market Capitalization Club but they themselves are way behind the mark....

https://exsim.com.my/our-developments/#filter
We need to take a look at its past and present on-going projects to realize the vast potentials of VMG with the emergence of EXSIM Group as its major shareholder in this tiny little WMG currently having a smallish valuation or market capitalization of RM321m @ 37 sen/share. It is simply too smallish for EXSIM Group. Just wait for its transformation...

https://klse.i3investor.com/web/staticfile/view/561254

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3495755

https://www.thestar.com.my/business/business-news/2024/10/26/market-struggles-to-find-momentum

https://www.thestar.com.my/business/business-news/2024/10/26/data-centre-investment-charge-in-asean

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=151597&name=EA_GA_ATTACHMENTS

Prospect of the Group

Notwithstanding the recovery tracks and marketing sentiments, the Group remains
cautious, focusing on the existing construction and property development projects. These projects are significant undertakings that are part of the Group's commitment to enhancing its construction and property development portfolio and are expected to contribute substantially to overall revenue.

The Group is optimistic on the favorable outlook of the RE industry in Malaysia, taking into consideration the various initiatives and policies announced by the government, such as the LSS5 programme and the opening of feed-in-tariff quota for non-solar RE technology. The Group will actively explore further opportunities in other investments in RE.

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=151219&name=EA_GA_ATTACHMENTS

https://www.thestar.com.my/business/business-news/2024/07/24/moody039s-ratings-malaysia-to-benefit-from-data-centre-demand-spillover

Doesn't the company have to make some regular update on any further development on the following adverse matter, like PN17 classification? No update for such a long while.

https://klse.i3investor.com/web/blog/detail/ceomorningbrief/2024-05-30-story-h-160651756-Lagenda_Assures_It_39_s_Business_as_Usual_After_Senior_Personnel_Remand

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3485152

Let's wait for the CEO newly appointed by the new shareholders to add value or secure new projects for the company

The following article will help explain why MSR has a very exciting future and will contribute very significantly to the profit growth of SEAL given its strong BESS capability and mushrooming of data centers in Malaysia. Moreover, the profit margin for BESS projects can be higher than 30%. MSR should be able to secure a few more BESS projects in the next 12 months, not to mention that it has yet to unveil more info on the development of its digital green park mentioned in its earlier announcement pertaining to the acquisition of additional 10% stake in MSR.

https://blog.se.com/datacenter/2024/05/08/get-up-to-speed-battery-storage-is-as-essential-for-data-centers-as-it-is-for-formula-one-cars/#:~:text=And%20should%20you%20need%20more,%2C%20cost%2C%20and%20sustainability%20benefits.

Good news.
RM645m contract to be completed by 30 June 2025. Decent amount of profit can be recognized starting next quarter.

https://theedgemalaysia.com/node/726683

https://klse.i3investor.com/web/blog/detail/ceomorningbrief/2024-09-05-story-h468232158-Ocean_Vantage_Sees_Sarawak_based_Companies_Emerge_as_Largest_Shareholder

The transacted price was 16.57%, or a 2.9 sen premium to the closing price of Ocean Vantage at 17.5 sen a share.

In other words, the new shareholders paid RM20m or 20.4 sen per share for the transaction.

Now, it is time to see what the new shareholders will do to add value to the company....

Obviously they would have to try their best to do so since they have paid a premium and invested RM20m in the company.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3481679

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3475217
Largest shareholder increasing his stake to almost 40%.
Good news coming?

https://www.youtube.com/watch?v=QsmSWnnDMvE&list=PLdgQGsi_TC8kaRYhU_uJVTK7xIP8OqMaX

The jewel of the crown will likely be the green digital park that MSR is going to develop. Otherwise, where will the profit guarantee of RM21m in the share sale agreement come from?

Just have to wait for another 2 weeks or so for its quarterly result to be announced. Let's see what will happen then.

The share price of Lagenda has been recovering very well these few days but Epicon is still kind of sleeping.....

https://theedgemalaysia.com/node/717406

https://cc-techgroup.com/data-center-corrosion/
https://www.ryerson.com/metal-resources/metal-market-intelligence/steel-drives-data-center-boom
TSA could have been under-appreciated as stainless steel is a major component for data centers which are going to be mushrooming soon in Malaysia.

https://klse.i3investor.com/web/stock/overview/8583
Mah Sing has doubled since Jan 2024 and is trading at PE of 20.
Hopefully KPPROP can catch up.

https://theedgemalaysia.com/node/717461

TSA may stand to be benefitted by the data centre boom...

https://klse.i3investor.com/web/blog/detail/koonyewyinblog/2024-06-17-story-h-158930859-Property_Stocks_Comparison_Koon_Yew_Yin
A clear reflection of public confidence in the Management Team of the company?
Haha

https://www.thestar.com.my/business/insight/2024/06/22/data-centres---beware-of-the-pitfalls
Plenty of opportunities for MSRGE.........

It's a good sign to see the counter rising against the broader market which is down this morning

The Company has already secured > RM900 mil worth of contracts in hand. It's now a matter of execution and completion of the contracts in hand. If the CEO is hardworking and pushy enough to achieve higher profit within shorter time frame, the share price may be doubled within 6 to 9 months.

https://klse.i3investor.com/web/stock/holder/0277
Why they keep on selling?

With RM979m order book or contracts in hand, of which some have two years tenure only to complete, its current FY ending Dec 2024 may likely see its annual turnover rise to between RM350m and RM450m. That will be a significant growth as compared to RM150m in FY2023.

https://theedgemalaysia.com/node/710884

Embarrassing moment for the elder brother in Epicon who is obviously outperformed by the younger brother in Lagenda.
Epicon share price dropped upon PN17 declassification while Lagenda share price surged.

Haha. The early approval to exit PN17 came as a surprise and unexpected for the company. Hence, no celebration party has been pre-arranged by the major shareholders??

Quite a shame too for the company as its share price has not performed but dropped with such a positive news. It's pretty abnormal. Many other counters performed better for such a positive news.

There are simply too many sellers for the last one month. The plus side is that the whales are still collecting....Otherwise, the price would not have sustained thus far...

The Board wishes to announce that the Proposed MSRGE Investment has been completed on 8 April 2024 in accordance with the terms and conditions of the Subscription Agreement.

Upon completion of the Proposed MSRGE Investment, MSRGE has become a 20%-owned associated company of Seal. The Proposed MSRGE Investment is expected to benefit the Group from the prospects, potentials, and growth of the renewable energy industry in Malaysia and contribute positively to the earnings of the Group in the future.

MSRGE is expected to undertake various EPCC works for solar and renewable energy segment. MSRGE is principally involved in the business of installation and servicing of solar PV system, renewable energy projects management, consultancy and construction, electrical works and any other ancillary business.

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=146182&name=EA_GA_ATTACHMENTS

https://theedgemalaysia.com/node/707155
Contractors should seize the opportunity to obtain various construction projects within the country worth approximately RM180 billion this year...

The company submitted its application to Bursa on 6 Mar 2024 to request for upliftment of its PN17 classification. Hopefully, Bursa would announce its decision right after the company announcing its first quarterly earnings by 31 May 2024. Meanwhile, let's pray for more job orders being procured.

Epicon could be the next Binastra in the making... as it is estimated that Epicon would have job orders worth close to RM1.4bil too upon the finalization of the detailed JV terms with Permodalan Negeri Selangor Berhad.

Epicon's current market capitalization is RM262m only while Binastra's market capitalization is RM760m with RM1.4bil job orders in hand.

https://theedgemalaysia.com/node/705889

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=143196&name=EA_GA_ATTACHMENTS
The Gross Development Value of the proposed project could be at least RM563 mil as the selling price of the 2,252 units of Rumah Idaman MBI should start at RM250,000 per unit. So, this will likely translate into a potential job order of at least RM450m for Epicon upon finalization of the detailed terms & conditions for the project.

The 30-month Contract is expected to contribute positively to the earnings of the Company for the financial years ending 31 December 2024 and onwards.

Upon the awarding of this new Contract, the Company's total outstanding order book has risen to RM929 million from the previously stated RM840 million in the announcement made on 18 March 2024.

It has bagged another job order worth RM191 mil. Hopefully there's more to come before the declassification of PN17. That will help drive the share price to above RM1 upon declassification.

Just wondering if all the sellers in the past one week are aware of the impending the exit of PN17 classification for Epicon in the near future.

Hopefully research houses would start covering and promoting this counter once it has been granted approval to exit PN17 classification. It needs to go limit up in order to attract attention from research houses.

Exiting PN17 classification will enable it to get bank loans more easily to undertake more sizable jobs.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3428774
Good news!
Just sit tight and wait for the declassification of PN17.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3401142
Just for info, AAX was uplifted from PN17 without the need of implementing of a regularization plan....
https://theedgemalaysia.com/node/690869

The Group is currently focusing on the Queensville Phase 2 construction project located in Bandar Sri Permaisuri, Kuala Lumpur (“Queensville”) and a property development project in Penang, Bayan Suites. Queensville with an estimated gross development value RM806 million comprises of 3 blocks of service apartments with a total of 972 units of service apartments and a shopping mall while Bayan Suites with an estimated gross development value of RM204 million comprises of 20 units of shop lots and 326 units of residential units. Queensville is expected to bring in revenue to the Group in the next quarter while Bayan Suites is expected to be launched in the 4th quarter of FY2024.

The Group will continue to explore other opportunities, such as venturing into renewable energy industries. The venturing into renewable energy by the Group
is expected to contribute positively to the Group’s earnings.
https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=227106&name=EA_FR_ATTACHMENTS

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=144767&name=EA_GA_ATTACHMENTS

The company has been reporting profits for the last 5 quarters. It's entirely up to the regulatory authorities when to grant the approval for the company exiting the PN17 classification.

https://theedgemalaysia.com/node/702050
This article may help explain why it is good to capitalize and ride on the data centre industry which should be blooming for the next 5 years given that Artificial Intelligence (AI) has become more and more important in all industries. AI needs a lot more of data centres which also need a lot more of solar power to comply with ESG thingy. Malaysia is also an ideal place for data centres due to abundance of sunlights and relatively cheap land.
https://klse.i3investor.com/web/stock/substantial-shareholder/4286