I have shared the technical & fundamental, use your own judgement to do decision. No blame...

Its EPS is 7.85 and PE is 10.77. Did you know that its PE is about 20 on yesterday before announced good result? Higher EPS has brought down the PE. If we assume the PE will go back to PE 20 with EPS of 7.85, the share price worth at least 1.50

The upper Bollinger line is at 0.845. Sure the share price will go down from 0.88 to 0.845. The best is for the share price within Bollinger line. Over day, the Bollinger will keep moving up. All MA 20, MA50 & MA100 are in uptrend. The share price has been going up for consecutive 4days. It is normal for investors to take profit.

hng33, if upcoming Q2 2019 has EPS of 10sen, then total est. EPS will be 12sen+- after minus loss EPS in Q3 & Q2 2018. With PE 20, its price should be RM2.40+-.

If it can close above 0.775, I will consider to buy it back.

hng33, probably you are one of the buyers that took my selling at 0.77 today. There has strong resistance at 0.775 by MA50 & MA100. Its MA20 is moving down towards MA50 & MA100. Therefore, I decided to sell it.

Wish you the best.

TA & FA both is good. Invest it for 6 - 12months.
Of course, sure there has minor correction each time.

If you took profit on Wed at 0.83 - 0.835, will you buy it back today?
Keep it.....

Not easy to get a golden egg

Far sighted & greedy little bit.....
Keep it for 6months.


martinbartesque On TA, you can refer to its good chart.

On FA, you can make assumption & estimation.
With current price of 0.835, its PE is 20.73

Assumption 1
Q318, EPS -0.52
Q418, EPS = -2.38
Q119, EPS = 5.04
Q219, EPS = 5.04 (estimate EPS to be same as Q119)

Total EPS = 7.18sen
With PE 20 as now, est. price = RM1.40+-


Assumption 2 - all quarters has EPS 5.04 as Q119
Q119, EPS = 5.04
Q219, EPS = 5.04 (estimate EPS to be same as Q119)
Q319, EPS = 5.04 (estimate EPS to be same as Q119)
Q419, EPS = 5.04 (estimate EPS to be same as Q119)

Total EPS = 20.16sen
With PE 20 as now, est. price = RM4.00+-

On TA, you can refer to its good chart.

On FA, you can make assumption & estimation.
With current price of 0.835, its PE is 20.73

Assumption 1
Q318, EPS -0.52
Q418, EPS = -2.38
Q119, EPS = 5.04
Q219, EPS = 5.04 (estimate EPS to be same as Q119)

Total EPS = 7.18sen
With PE 20 as now, est. price = RM1.40+-


Assumption 2 - all quarters has EPS 5.04 as Q119
Q119, EPS = 5.04
Q219, EPS = 5.04 (estimate EPS to be same as Q119)
Q319, EPS = 5.04 (estimate EPS to be same as Q119)
Q419, EPS = 5.04 (estimate EPS to be same as Q119)

Total EPS = 20.16sen
With PE 20 as now, est. price = RM4.00+-

You can think on whether it is worth to have a bet on it by holding it for next few quarters. Buy/sell at your own risk.

https://klse.i3investor.com/blogs/kianweiaritcles/214175.jsp


捷硕 JAKS – 2019年股东大会
-涉及建筑、发电厂、产业发展及投资
• Pacific Star项目进度已达84%，放眼在今年底完成；目前已录得RM949m销售额，占发展总值RM1.05b的91%；往后将保留4层楼的商业中心 (Business Hub) 为旗下投资产业。
• Pacific商业中心主要瞄准大企业，好让他们能租下整层来充当办公室；一层楼的面积高达80,000平方尺；现阶段已有一位企业确定入驻，该层楼也正在装修当中；此外还与一些医疗、坐月子中心、以及零售业者处于商讨阶段；预计在Q3竣工，然后在年底开幕。
• 与Star的官司，在今年1月发放RM50m的银行担保，之后在5月反诉对方，一共索取大约RM650m赔偿；虽然必须承担律师费，但是此举是为了保障股东们的权益。
• Star管理层在近年多次发生变动，之后就多次要求更改设计，导致必须重新向有关当局提交方案；最后一次更改设计是在2017年7月，根据签署的协议，完工日期是在有关当局批准后的3年，也就是2020年7月；然而他们却起诉，声称JAKS无法准时交付，并且还索取各种赔偿。
• 其中一项更改是将原本的住宅大楼换成企业办公楼；这些变动需要时间等待批准，而非1-2个月的事情；就是因为Star多次要求更改设计，导致无法跟上建筑进度，因此也无法将Pacific Star的销售额进账。
• Evolve Concept商场的入驻率大约是55%；在今年4月聘请一名新经理，负责节约管理商场的开销，事实上已看到一些改善；希望可在2020年达到收支平衡；将翻新一片占地30,000平方尺的区域，将在明年全面开放，届时入驻率预计可达80-90%；近年亏损大部分来自高额的营运、折旧及融资开销。
• 越南发电厂方面，不采取Accounting Profit的进账方式，因为往后进账的利润将逐渐下滑；选择以更保守的方式处理，也就是根据建筑进度来纳入EPC合约贡献，然后才重新将利润投入资产中，这样才显得稳定性更高；至少每个季度的EPC合约贡献足以提振市场对于JAKS的信心。
• 独立发电厂项目 (IPP) 和普通发电厂项目有很大的差别；前者100%由当地政府担保，而且已经签署长达25年的售电协议，此外未来的煤炭也将由当地政府供应；越南有3项进行中的发电厂项目，其他2项至今已投入运作几年，至今没有出现任何问题。
• 污染问题也不在担忧范围，因为此项目主要获得越南环境局 (EIA) 批准；100%根据政府的要求来承建，而且还建造自己的码头来运输煤炭；发电厂距离住附近宅区域只有几公里。
• 建造、经营及转移 (BOT) 是一个非常强大的模式，未来相信再也看不到；Hai Duong发电厂投入运作后，预计每年可为JAKS的30%股权带来RM80-100m的盈利；将以Equity Accounted方式，也就是Associated贡献进账，不会录得营业额。
• 虽然协议以每年最低6,500营运小时计算，但是自家发电厂的设计为7,000-8,000小时；必须强调，衡量发电厂的效率并非参考营运小时；这项数据只是用于计算协议价值。
• 如果有资金能力，当然有兴趣收购发电厂额外10%股权，也就是将30%股权提升至40%；10%股权预计值得USD50-60m，相等于RM220-250m；如果决定收购，肯定必须向股东们筹资。
• 现阶段优先专注于发电厂的建筑活动，并寻求提早完工；如何重组发电厂的融资，减少贷款利息，以及提升未来利润，将是JAKS的首要考量。

总结，JAKS的最坏时期相信已过去；产业发展业务处于改善当中，努力降低亏损；今年盈利贡献将来自越南发电厂的承包合约，大约还有一半将在今明年入账；相信2019年业绩将比去年好；继续建议大家买入。

https://klse.i3investor.com/blogs/kianweiaritcles/213751.jsp

经过2个月的横摆，JAKS终于在近日放量拉升，并且已确认突破200天均线。后期走势全面看涨！

我们早在5月底开始部署JAKS，而且还是投资组合内的重仓股。将分几个文章来和大家讲解这支股票。

在此打个小广告！对于Telegram群组服务有兴趣的股友，可私下PM我们！

今天先大略讲解越南煤炭发电厂：
• 在2011年参与越南海阳省2座总计1,200兆瓦的煤炭发电厂项目，总造价高达USD1.9b；以30：70比例的联营计划与中国电力工程 (CPEC) 联手负责。
• 已经与越南国营Vietnam Electricity签署一项25年购电协议；据了解，这座发电厂在投入运作后，每年可享有超过USD150m的售电收入；內部回酬率 (IRR) 介于10-12%，需要花费大约8年或稍微更长的时间，才能达到收支平衡。
• 总工程价值为USD1.52b，可分为2项合约；其中一项总值USD454.5m的EPC合约，颁给JAKS的100%持有建筑臂膀Golden Keen，以兴建发电厂大楼及相关土木工程；在2016年开始动工，预计将耗时4年，在2020年完工。
• 截至今年3月，整体建筑进展顺利，进度已达56%，预计可准时完工；第一台发电机组将于2H20开始投入运作，而第二台机组则将于2021年。
• 自2016年动工以来，JAKS在过去3年已经入账总值RM982m的越南EPC合约，而今明年将看到剩余大部分工程的贡献。
• 其EPC合约的价值为USD454.5m，相等于大约RM1.9b；剔除之前已列认的RM982m，剩余的RM944m有待在剩余7个季度 (今年Q2 - 明年Q4) 入账；以过往平均24%赚幅计算，往后的EPC税前盈利可达RM226m！

keep it for 3months. Then, see what you can get. No need to thank Q me.

Trust TA. all MA lines of 20,50,100 & 200 are starting to move upwards. Bollinger line stars to widen. All of these are good uptrend signal. This kind of good chart is difficult to find.

highest is 1.99 today. I think the price is pushed up high for a while in order to issue last batch of PP. Tighten your seat belt....

congratulation to all. second PP of 17mil shares was at RM2.00 on yesterday's announcement.

Quarter earning announcement will be on 21/5. See whether it has show in next week.

I just bought back it on yesterday. Dropped from 1.80 to below 1.40 on yesterday, should be worth to bet on it.

the PP t RM1.986 was for 21mil share. You are not be able to buy this amount of share at RM1.986 in market.

21mil Share of PP at RM1.986 will be listed on 10/5.
Investors bought PP at Rm1.986 and market share price is RM1.94 now, nothing to get worry :)

Normally PP price will be 5 - 10% discount of market share price. This means the market share price should be between RM2.10 - RM2.20

There has about balance 54mil PP share need to be issued.

1. Details of Corporate Proposal

Involve issuance of new type/class of securities ? No
Types of corporate proposal Private Placement
Details of corporate proposal PLACEMENT OF UP TO 75,000,000 NEW ORDINARY SHARES IN MATRIX CONCEPTS HOLDINGS BERHAD ("MCHB SHARES") ("PLACEMENT")
No. of shares issued under this corporate proposal 21,000,000
Issue price per share ($$) Malaysian Ringgit (MYR) 1.9860
Par Value($$) (if applicable)

Latest issued share capital after the above corporate proposal in the following

Units 773,809,487
Issued Share Capital ($$) Malaysian Ringgit (MYR) 841,925,905.450
Listing Date 10 May 2019

With this rebound of WB from 0.35 in last week, believe WB can break the previous record high of 0.45 this time.

it is 1.75 now. Seems quite high risk to buy it. For those bought it at lower price, congratulation to u all :)

waiting it to cross resistance at 0.785

https://www.klsescreener.com/v2/news/view/511559

KUALA LUMPUR (April 3): Engineering services group AWC Bhd has bagged a RM29.87 million contract to provide hydraulic services.

AWC said its wholly-owned subsidiary Qudotech Sdn Bhd was awarded the contract by Lendlease Projects (M) Sdn Bhd.

“The works under the trade contract is to be completed by June 21, 2021,” said AWC in a filing today.

The contract is expected to contribute positively to the earnings of the group over the duration of the works, it added.

AWC’s share price, which has appreciated 13% year to date, closed unchanged today at 78 sen, for a market capitalisation of RM228.16 million.

Believe this time it will go up.
* legal case is settled
* awarded 35mil project in March n 30mil in april.
* on TA, golden cross will b formed soon.

DURATION OF THE TRADE CONTRACT

The Works under the Trade Contract is to be completed by 21 June 2021.


This project is more meaning because the duration is 2years. This means rm30mil for 2yeasrs.

Has awarded new project of rm30mil

AWC BERHAD
TypeAnnouncementSubjectOTHERS
DescriptionAWC BERHAD ("AWC" or "THE COMPANY") - TRADE CONTRACT ENTERED INTO BETWEEN QUDOTECH SDN. BHD. ("QUDOTECH"), A WHOLLY-OWNED SUBSIDIARY OF AWC, AND LENDLEASE PROJECTS (M) SDN. BHD. ("LLPM")

Further to the Company’s announcement made on 22 February 2019, the Board of Directors of AWC wishes to announce that Qudotech, a wholly-owned subsidiary of AWC, had on 3 April 2019 accepted the trade contract entered into between Qudotech and LLPM, for the appointment of Qudotech as the Trade Contractor for the provision of preliminary works of Trade Package No. TP24 – Hydraulic Services, at the Trade Contract Sum of RM29,871,820.00 (“PWA”).

Please refer to the attachment for further details.

This announcement is dated 3 April 2019.

On TA, golden cross is coming. :D

Since I bought this share, the most issue that worry me is this legal case where BUGG counterclaims rm11mil on QDT. Now, i feel more comfortable on AWC

Is above a good news for AWC? Should b right as AWC won the case

MATERIAL LITIGATION AWC BERHAD ("AWC" OR "THE COMPANY") MATERIAL LITIGATION PURSUANT TO PARAGRAPH 9.04(F) OF THE BURSA MALAYSIA SECURITIES BERHAD MAIN MARKET LISTING REQUIREMENTSAWC BERHAD
TypeAnnouncementSubjectMATERIAL LITIGATION
DescriptionAWC BERHAD ("AWC" OR "THE COMPANY") MATERIAL LITIGATION PURSUANT TO PARAGRAPH 9.04(F) OF THE BURSA MALAYSIA SECURITIES BERHAD MAIN MARKET LISTING REQUIREMENTS

Reference is made to our announcements dated 20 September 2018,1 November 2018, 14 December 2018 and 22 February 2019 respectively, of which the abbreviations and definitions used herein shall have the same meanings as defined in the previous announcements. 

The Board of Directors of AWC wishes to update that the a Consent Judgment has been recorded on 1 April 2019 among Parties for the Writ Summons and Statement of Claim by QDT against BUCG.

The summary of the Consent Judgment is as follows:

a) In full and final settlement of the QDT's claim and BUCG's counterclaim, BUCG shall pay to QDT a sum of RM805,757.02 (which sum includes the payment of GST amounting to RM5,757.02) by way of two (2) equal instalments of RM402,878.51 each , wherein the same shall be paid on 30 April 2019 and 30 May 2019 respectively;   

b) Whereof if BUCG fails to satisfy the 1st Installment on or before 30 April 2019, then the entire sum amounting to RM805,757.02 shall become due and payable immediately whereupon QDT shall have the liberty to commence execution proceedings; 

c) BUCG shall not have the liberty to file any claim against QDT howsoever and whensoever arising from the Project, the Letter of Award or for all causes of action therefrom;   

d) QDT shall not have the liberty to file any claim against BUCG howsoever and whensoever arising from the Project and the Letter of Award or for all causes of action therefrom save and except where BUCG failed to make full payment of RM805,757.02 to QDT in accordance with the terms as stated in (a) above. 

e) QDT shall further provide full cooperation to BUCG to finalise the Final Account;

f) There is no admission of liability by both Parties; and

g) Both Parties will bear their own cost respectively.  

This announcement is dated 1 April 2019.

Announcement InfoCompany NameAWC BERHADStock NameAWCDate Announced01 Apr 2019CategoryGeneral Announcement for PLCReference NumberGA1-27032019-00024

steady. it is coming...

Micsoh, no need to say sorry. We exchange opinion and do sharing :)

If coming quarter earning has a good result, i believe the mother price can go to 2.30-2.40. Then the price of WA will b higher. Moreover, if premium can b 10%-20% as other warrant, then WA will b a diamond.

Importantly, normally private placement will make the share price higher to raise more fund.

On TA, MA50 has crossed MA200. This is golden cross. Strong good signal for uptrend

I take 5% premium should not b over. Normally warrant has 20% premium.

Exercise price of WA is 1.92.
When mother goes to 2.20, WA should be 0.28. Assuming 5% premium on WA, WA should b worth 0.40+-

I have collected enough WA. If mother goes to 2.20, WA should worth 0.40. U can calculate it by yourself :)

A lot of people just think the share price will drop if the quarter earning Q419 is not good.

For me, although its coming quarter earning Q419 is breakeven, its share price will go up too.

WHY?

Within last 3 years, the most worst quarter earning result was Q418. It had loss of rm2.3B.

Therefore, if its Q419 result is breakeven vs Q418 result with rm2.3B loss, is Q419 result super much better? Definitely YES.

Before this PP takes place,, I expect price can go to almost 2.20. Probably Q4FY19 in end May can push it higher.

Current mother price is quite stagnant. I will look into its WA which has 4.6% premium only. Consider quite cheap. Good luck.



martinbartesque: Assuming PP price is at 1.96. 

Assuming PP price is set after 5% discount of market share price, then price should be 2.06. 

If 8% discount, then price should be 2.12. 

Don't forget is us 5days average market price. This means the price can go to further higher than average price.

12/03/2019 22:11

Bollinger line is widening. More to come

https://www.klsescreener.com/v2/news/view/502484

Matrix Concepts Holdings Bhd
(March 13, RM1.95)

Maintained buy and a lower target price (TP) of  RM2.35: Matrix Concepts Holdings Bhd announced a proposed placement exercise involving the issuance of 75 million shares, for example 10% of its current share capital. Assuming an issue price of RM1.96, it will be able to raise RM147 million — enough to fund its equity contributions for its new venture in Indonesia. Our revised TP reflects the 10% dilution as well as the incremental value from the new Indonesian project.

In May 2018, Matrix Concepts entered into a joint venture (JV) with Bangun Kosambi Sukses (BKS) and Nikko Sekuritas Indonesia (NSI) to construct and develop an Islamic Financial District on 3.6ha in West Kosambi Village, Tangerang. BKS is jointly owned by the Agung Sedayu and Salim Groups, which developed PIK 2 Sedayu Indo City in Indonesia. The three parties have set up JV company Fin Centerindo Satu (FCS) with an equity capital of US$100 million (RM409 million). The respective shareholding of Matrix, BKS, and NSI in FCS is 30%, 40% and 30%.

According to the announcement, the placement exercise could be implemented in multiple tranches within a six-month period, and we understand that the company has already identified the taker for the placement shares. Proceeds from the exercise are intended to fund Matrix’s equity participation in FCS. The Islamic Financial District project is an integrated mixed development comprising commercial towers with office and retail components. The project carries a gross development value of US$500 million, with a development period of eight years. The first phase is slated to be launched in late 2019. Although the market may be cautious on the potential risks involved — since Indonesia is a new market for Matrix — we think the venture is worthwhile, because the project is backed by a well-known conglomerate. In addition, the local property market is becoming more saturated, and Indonesia has a large population that should support long-term demand for properties. Management also indicated that the JV may also entail the cooperation among the parties to develop other projects in the future in Indonesia.

The placement exercise is expected to be completed by 1H19. We raise our FY20-FY21 earnings forecasts 1%-2%, as we incorporate the earnings contribution from this project. Meanwhile, despite the slight earnings dilution, we maintain our dividend per share (DPS) forecast as management recently mentioned that its stable cash flow and healthy balance sheet could potentially allow for higher dividends than the current 40% payout ratio. Our DPS forecast implies a payout ratio of about 50%.

Our revised TP is based on an unchanged 25% discount to net asset valuations. — RHB Research, March 13

http://www.enanyang.my/news/20190314/金群利集团br-进军印尼长利多/

目标价：2.35令吉最新进展

金群利集团（MATRIX，5236，主板产业股）建议私下配售7500万股新股，或相等于缴足资本的10%，估计可筹措1亿4700万令吉，用以融资印尼业务发展。

该集团先前与PT Bangun Kosambi Sukses（简称BKS）及Nikko Sekuritas印尼成立的联营公司PT. Fin Centerindo Satu（简称FCS），持股30%。

FCS计划打造一个回教金融中心，集办公楼与零售单位于一体，发展总值5亿美元（20.4亿令吉），预计在今年底推介首期项目。

行家建议

BKS是由安达集团（Agung Sedayu Group）与三林集团（Salim Group）共同持有，曾在印尼发展PIK 2 Sedayu Inco City的项目。

虽然市场可能担忧金群利集团初入印尼会有风险，但我们认为，有知名的大企业在背后支撑，这项投资相当值得。

再者，本地产业市场渐趋饱和，而印尼人口庞大，有助支撑长期产业需求。未来，该集团也可能与联营伙伴，再携手合作发展印尼项目。

在计入此项目的盈利贡献后，我们将2020及2021财年的财测上调1至2%，目标价因私配新股而稀释至2.35令吉。

同时，维持约50%派息率的预估，因为管理层先前透露，稳健的现金流及健康的资本负债表，可能会考虑提高派息幅度。

within 6months

Assuming PP price is at 1.96.

Assuming PP price is set after 5% discount of market share price, then price should be 2.06.

If 8% discount, then price should be 2.12.

Don't forget is us 5days average market price. This means the price can go to further higher than average price.

Basis and justification for the Issue Price

For avoidance of doubt, the Issue Price for each tranche of the Placement Shares will be determined separately.
The Issue Price for each tranche of the Placement Shares will be fixed and announced later by the Board at the time of implementation of the Proposed Placement (“Price-Fixing Date”).
The Issue Price may be fixed at a discount of not more than 10% to the volume weighted
average market price (“VWAMP”) of MCHB Shares for the 5 market days immediately
preceding the Price-Fixing Date.
For illustration purposes only, the illustrative Issue Price is assumed to be RM1.96 per
Placement Share based on the 5-day VWAMP of MCHB Shares up to and including the LPD of RM1.96.

Earnings per MCHB Share (“EPS”)

The Proposed Placement is not expected to have any material effect on the EPS of the
MCHB Group for the financial year ending 31 March 2019 save for the immediate dilution
in EPS due to the increase in the number of MCHB Shares in issue following the issuance of the Placement Shares. Barring unforeseen circumstances, the Proposed Placement is expected to contribute positively to the future earnings of the MCHB Group when the benefits of the Proposed JV are realised.

Matrix has private placement.

Should b good news in short term. This PP has no effect in share dilution for Q4FY19. This means the share price may go higher b4 PP happens. Catch the chance :)

There has huge volume to block in every single price. It depends on how you see it. If you want to sell the share, sure you will Q to sell it at higher price to get maximum gain.

For me, the huge Q volume to sell is to block the share price from increase. Most simple reason is someone would like to collect it at lower price.

Latest earning result announced on today has loss.

Below statement gives us some hint on d result of Q4FY19 :)

"Through this, we are on track to achieve another record year with our best-ever new sales and revenue performance expected in FY2019, coupled with strong take up of above 80% for our residential and commercial properties.

Chairman Datuk Mohamad Haslah Mohamad Amin said in the statement: "In navigating current market conditions, we have displayed our resilience as well as agility, tailoring our launches of residential properties in line with market demand, with a healthy mix of products primarily comprising affordable homes."

"Through this, we are on track to achieve another record year with our best-ever new sales and revenue performance expected in FY2019, coupled with strong take up of above 80% for our residential and commercial properties. Moving forward, we intend to leverage on our strengths and maintain our reputation as a provider of affordable homes to Malaysians. Furthermore, our strong earnings visibility will effectively sustain our ability to distribute good returns to our shareholders and maintain our status as one of the top dividend yielding companies in Bursa Malaysia," Mohamad Haslah said.