Subang Jaya, 20 November 2024 – Property developer Avaland Berhad
(“Avaland”) sustained its positive momentum as the Group more than
doubled its net profit to RM68.2 million in the nine months period ended
30 September 2024 (“9M2024”) from RM28.5 million in the previous
corresponding period.
The improved bottomline was achieved on the back of 91.7% higher revenue
of RM664.4 million in 9M2024 against RM346.6 million in 9M2023. The
increase in revenue was mainly contributed by advanced construction work
progress from its ongoing projects coupled with commendable take-up of
recently launched projects, namely Casa Embun Phase 2, Amika
Residences, Aetas Seputeh and Anja Residences & Signature Retail.
For the third quarter ended 30 September 2024 (“3Q2024”), Avaland
registered a net profit of RM25.4 million on revenue of RM231.5 million. As
a comparison, the Group reported a net profit of RM17.2 million on revenue
of RM156.2 million in the previous corresponding quarter.

https://klse.i3investor.com/web/blog/detail/kcchongnz/2024-01-15-story-h-210469040-Isn_t_this_the_most_undervalued_stock_in_Bursa_Insas_Berhad

https://www.nst.com.my/business/corporate/2024/11/1129300/cape-ems-most-active-after-report-possible-entry-ekuinas

Stock is grossly oversold and has been consolidating at the 0.31-0.32 level for the past week.
It has fallen to its near 52 weeks low with limited downside.
Rebound is imminent.

https://theedgemalaysia.com/node/729964

https://klse.i3investor.com/web/blog/detail/savemalaysia/2024-08-22-story-h-153386754-Philip_Securities_Cape_EMS_target_price_more_than_halved_on_earnings_do

https://www.cnbc.com/2024/10/03/crude-oil-prices-today.html

High volume selling from last week seems over.
It has dropped to 0.35 which is near multi year low.
Rebound is imminent.
Immediate resistance is at 0.395

https://klse.i3investor.com/web/pricetarget/research/72555

https://www.tradingview.com/symbols/MYX-CEB/forecast/

https://klse.i3investor.com/web/blog/detail/ceomorningbrief/2024-08-23-story-h-153354891-Phillip_Securities_Cape_EMS_Target_Price_More_Than_Halved_on_Earnings_D

TARGET PRICE: 0.60

Stock seems grossly oversold.
It has dropped from 0.755 to 0.38 within 4 short weeks.
The sharp fall is likely due to Margin Calls and Force Selling.
At 0.38 it is near multi year old.
Rebound is imminent.

Margin Calls and Force Selling by major shareholders seems to be finished.
This is evidenced by stock closing up 4 sen.

Trading momentum just started upward trend.

A Strong Rebound has just started.
Immediate resistance is at 0.65

AMINVEST RESEARCH
Cape EMS - Looking to a Better FY24F
TARGET PRICE : 1.45

https://klse.i3investor.com/web/pricetarget/research/70659

Forced selling hits Cape EMS boss Christina Tee

https://www.thestar.com.my/business/business-news/2024/08/08/forced-selling-hits-cape-ems-boss-christina-tee

Has the Market Overreacted on Cape EMS Berhad?

https://klse.i3investor.com/web/blog/detail/sdsdsds/2024-07-30-story-h-155267398-Has_the_Market_Overreacted_on_Cape_EMS_Berhad

Stock is grossly oversold.
It has plunged down from 1.03 to 0.43 within 4 short weeks likely due to Short selling and Margin calls.
At the current price of 0.43, it is near its year-low price.
Considering that its IPO price is 0.90 and highest price of 1.53, an entry price of below 0.45 seems very attractive enough with limited downside risk.
The company is also performing well with good profit margins and a diverse clientile base.
Rebound is imminent.
Immediate resistance is at 0.65

Stock is grossly oversold likely due to Force selling or Margin calls.
It has dropped from 0.70 to 0.575 within 4 short weeks.
Rebound is imminent.
Immediate resistance is at 0.65

https://klse.i3investor.com/web/pricetarget/research/71633

Bargain Hibiscus & Velesto
Further weakness on Hibiscus should attract buyers looking for rebound upside, with a breakout above the 50-day ma (RM2.43) to aim for the 61.8%FR (RM2.50) and 76.4%FR (RM2.65) ahead, while key retracement supports at the 38.2%FR (RM2.25) and 23.6%FR (RM2.09) cushion downside.

Velesto will be attractive to bargain on any dips towards key chart supports at the 61.8%FR (22sen) and 50%FR (19sen), while oversold rebound should be capped by the 200-day ma (26sen) and 29sen.

TA Sector Research

KUALA LUMPUR (July 30): Avaland Bhd (KL:AVALAND) topped out Alira Subang Jaya, a serviced residence in Tropicana Metropark, Subang Jaya, which has achieved a 95% take-up rate, on Monday (July 29), according to a press statement on Tuesday.

https://theedgemalaysia.com/node/720923

Founder steps into breach to revive Widad Group

https://www.freemalaysiatoday.com/category/highlight/2024/07/24/founder-steps-into-breach-to-revive-widad-group/

A financially sound and profitable company.
EPS is 6.07 for last 4Q.
Also in Net cash position of 0.63.

https://klse.i3investor.com/web/blog/detail/bestStocks/2024-04-11-story-h-183891627-TDM_Can_TDM_Become_A_Healthcare_Powerhouse_Unveiling_A_Hidden_Gem_KingK

TDM’S GROUP EBITDA LEAPS BY 2.5 TIMES FOR 1QFY2024 YEAR-ONYEAR (“YoY”), WITH STRONG PERFORMANCE FROM BOTH
HEALTHCARE AND PLANTATION DIVISIONS

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=147503&name=EA_GA_ATTACHMENTS

Auditor casts doubt on Pharmaniaga’s ability to continue as a going concern

https://www.freemalaysiatoday.com/category/highlight/2024/05/08/auditor-casts-doubt-on-pharmaniagas-ability-to-continue/

Stock is grossly oversold.
It has dropped to 0.155 from 0.51 within 52 weeks.
It is now near its lowest level since stock was listed.
At 0.155 it is at multi year low with negligible downside.
Rebound is imminent.

Stock is grossly oversold.
It has dropped from 0.24 to 0.205 within 4 short weeks.
Rebound is imminent.
Immediate resistance is at 0.23

A TRUE AND FAIR VIEW OF THE FINANCIAL POSITION IN AUDITED FINANCIAL STATEMENTS FOR THE FINANCIAL PERIOD FROM 1 JANUARY 2022 TO 30 JUNE 2023 EXCEPT FOR POSSIBLE EFFECTS NOTED IN BASIS FOR QUALIFIED OPINION | https://www.klsescreener.com/v2/announcements/view/6318797

Stock is grossly oversold.
It has plunged more than 90% from 29.54 to 1.74 within 4 short weeks, likely due to margin calls from lenders.
Strong Rebound is imminent.

Analysts keep 'overweight' call on property sector on revamped MM2H programme, top picks include UEMS, Sunway and Sime Prop

https://theedgemalaysia.com/node/694325

Anwar witnesses signing of RM37bil deal on renewable energy

https://www.freemalaysiatoday.com/category/nation/2023/10/06/anwar-witnesses-signing-of-rm37bil-deal-on-renewable-energy/

Stock is grossly oversold, having plunged from 0.29 to 0.245 within 1 short week.
Rebound is imminent.
Immediate resistance is at 0.275

https://www.klsescreener.com/v2/announcements/view/5510327

Stock is grossly oversold likely due to force selling, margin calls and panic selling.
It has dropped from 0.43 to 0.31 within 4 short weeks.
Rebound is imminent.
Immediate resistance is at 0.38.

https://klse.i3investor.com/web/pricetarget/research/68460

HLIB Research : Earnings upside potential for Bumi Armada with restored FPSO

https://www.nst.com.my/business/2023/08/940943/hlib-research-earnings-upside-potential-bumi-armada-restored-fpso

Stock have been consolidating at 0.50-0.52 for some time.

With the Kraken issue finally resolved and operational performance is now at pre shut down level, the stock will be trending up.

Rebound is imminent.

Immediate resistance is at 0.55 and if broken, next resistance is at 0.58.

Strange.
Why is there no announcement by Bumi Armada to Bursa Malaysia on this award ?

https://klse.i3investor.com/web/pricetarget/research/67845

HLIB Research : Upgraded to buy. Stock grossly oversold.
Risk and reward ratio has turned attractive.

https://theedgemalaysia.com/node/672662

https://klse.i3investor.com/web/blog/detail/rhbinvest/2023-05-30-story-h-269568834-Malaysian_Resources_Corp_a_Temporary_Blip_Keep_BUY

At last there is a temporary resolution to enable good faith negotiations to commence.

Changes in Director's Interest (Section 219 of CA 2016) - DATUK LO FUI MING | https://www.klsescreener.com/v2/announcements/view/4813683

Stock is grossly oversold having dropped about 43%, from 0.415 to 0.235 within 4 short weeks.
At 0.235, it is now near its 10 years low price.

Rebound is imminent. Immediate resistance is at 0.30

RHB-OSK Target Price : 0.45

Malaysian Resources Corp - Ending FY22 on a Strong Note; BUY
https://klse.i3investor.com/web/pricetarget/research/66245

https://www.theedgemarkets.com/node/656568

LATEST TARGET PRICE : 0.93

https://klse.i3investor.com/web/pricetarget/research/65754

https://www.theedgemarkets.com/article/hlib-maintains-buy-call-dnex-trims-target-price-14-93-sen

https://klse.i3investor.com/web/pricetarget/research/65754