In the past, i always like Tony's comments and jokes about Firely, Scoot or MAS or Singapore airlines. He is championing fair ground competition. One can relate to him about his early days of obstacles and challenges. How he moved from music industry to airline business.

We also often heard how Tony be critical about the KLIA2, from planning, design, building, PSC charges or tax and the operation issue of KLIA2.

This reflects well on the values of fair play, always think of rakyat and how to be effective and efficient. He does not need any 'tongkat' to succeed.

With him taking side now, this just destroy many respects on him. Hard to understand why Tony, a personality like him would do what he has been doing for the last 1 week. Hmmm.......

top30 shareholders are already own 70%. another 30% to buy over, minimum need RM550mil with RM0.82/share.

drop until it look tasty to be taken private. :)

https://www.thestar.com.my/business/business-news/2018/03/22/gamudammcgeorge-kent-jv-likely-to-win-mrt3-contract/

This is the highest profit ever achieved in the history of George Kent.
**********************************************************************************************************
#1 - 4th Quarter vs Corresponding Quarter Last Year
* Profit before tax of RM65.6 million, up 13% from RM58.0 million.
* Profit after tax of RM51.9 million, up 23% from RM42.1 million.

#2 - Full-Year vs Corresponding Period Last Year
* Profit before tax of RM160.3 million, up 20% from RM134.1 million.
* Profit after tax of RM124.4 million, up 23% from RM101.4 million.
* Earnings per share of 22 sen, up 22% from 18 sen.

#3 - Dividend for the Full Year
* RM53.51 million, up 43% from RM37.56 million.

#4 - Third interim dividend of 5.0 sen per share
* Entitlement date: 05 Apr
* Payment date: 25 Apr

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5727493
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5727501

Bought CE today. ;)

http://www.railway-technology.com/news/prasarana-malaysia-awards-signalling-contract-kuala-lumpur-lrt3-line/

7 workings days left. 12March is the day to watch.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5708549

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5703133

EPS tracker
Mar2017 Quarter = 0.52
Jun2017 Quarter = 0.86
Sep2017 Quarter = 1.87
Dec2017 Quarter = 2.57 (based on 27 Feb announcement)

Rev vs Profit tracker
Mar2017 Quarter = 3.9%
Jun2017 Quarter = 5.8%
Sep2017 Quarter = 17.3%
Dec2017 Quarter = 18.4% (based on 27 Feb announcement)

Toll Operation revenue from quarter to quarter increase from 31.294mil to 42.693mil. The increase was contributed by DukePhase2 opening.

https://www.thestar.com.my/business/business-news/2018/02/06/epf-in-talks-to-buy-stake-in-great-eastern/

lol....think think...whatever reason i say, those are all imagination. do your homework buddy. dont trust anyone here.

this is the news.

https://www.theedgemarkets.com/article/bank-negara-raises-opr-25-basis-points-325

https://www.thestar.com.my/business/business-news/2018/01/23/mmcgamudageorge-kent-jv-top-contender-for-mrt3-mmcgamudageorge-kent-jv-top-contender-for-mrt3-job/

http://propertyinsight.com.my/developer-of-the-month/eko-nomic-investment/
repost for my record. :)

"You must bear in mind that when I start to sell, I am not obliged to tell you.

Koon Yew Yin"

when Great Eastern appear in KLCI, who do you think EPF / Khazanah buy from? And will these giant institution purchase with premium come June2018?

Great Eastern price now SGD30.83

https://finance.yahoo.com/quote/G07.SI?p=G07.SI

congrats..close at 1.16

congrats..close at 3.74

insider news again? sure or not?

IWCity quarter performance. Net profit is RM 89.6 Million.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5623909

from pg15 of the quarter report.
" Property Development
Revenue from property sector for 9M 2017 has improved significantly by
1,817% to RM235.6 million from RM12.2 million in 9M 2016. The increase in
revenue from the recognition of land sale to GTSB also significantly improved
the sector’s position by turning its loss of RM12.2 in 9M 2016 to profit before
tax of RM88.3 million for 9M 2017. "

EPS tracker
Mar2017 Quarter = 0.52
Jun2017 Quarter = 0.86
Sep2017 Quarter = 1.87 (based on 28 Nov announcement)

Rev vs Profit tracker
Mar2017 Quarter = 3.9%
Jun2017 Quarter = 5.8%
Sep2017 Quarter = 17.3% (based on 28 Nov announcement)

This quarter that was announced today showed significant jump in EPS and Profit ratio. Its a good sign that its fundamental is still positive and increasing.

How Mr. Market react to this and speculated, its a different story. But value seeker and long term holders will be glad with this quarter's performance.

Wow. 510million shares now. From 01Nov to 20Nov, they added 108Million shares. This is a sizeable increase in a short span.

*** UPDATE ***

From 03 - 06 Nov, directors bought shares with total sum value of RM 6.71 Mil.
Below are the breakdowns.

A. 7 November 2017 (Purchase date)
Lim Seong Hai Holdings Sdn Bhd
Acquisition of shares
2,280,000 ordinary shares
0.9804 per share
Value: RM 2.24 Mil
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5596705


B. 6 November 2017 (Purchase date)
MADAM LIM HOE
Acquisition of shares
650,000 ordinary shares
0.999 per share
Value: RM 0.65 Mil
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5595505


C. 6 November 2017 (Purchase date)
TAN SRI DATUK SERI LIM KENG CHENG
Acquisition of shares
1,000,000 ordinary shares
0.992 per share
Value: RM 0.99 Mil
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5595521


D. 3 November 2017 (Purchase date)
Lim Seong Hai Holdings Sdn Bhd
Acquisition of shares
2,884,100 ordinary shares
0.9812 per share
Value: RM 2.83 Mil
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5594005

From 03 -06 Nov, directors bought shares with total sum value of RM 4.47 Mil.
Below are the breakdowns.

A. 6 November 2017 (Purchase date)
MADAM LIM HOE
Acquisition of shares
650,000 ordinary shares
0.999 per share
Value: RM 0.65 Mil
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5595505


B. 6 November 2017 (Purchase date)
TAN SRI DATUK SERI LIM KENG CHENG
Acquisition of shares
1,000,000 ordinary shares
0.992 per share
Value: RM 0.99 Mil
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5595521


C. 3 November 2017 (Purchase date)
Lim Seong Hai Holdings Sdn Bhd
Acquisition of shares
2,884,100 ordinary shares
0.9812 per share
Value: RM 2.83 Mil
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5594005

Lim Seong Hai Holdings Sdn Bhd
Acquisition of shares
3 November 2017
2,884,100 ordinary shares
0.9812 per share

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5593945

this is an expensive drama ticket that we are paying to watch...hopefully it is a happy and sweet ending for us.

“Essentially, what the new proposal tries to achieve is to privatise IWCity. It is a good investment deal for Ekovest as the RM1.50 offer price represents a 60% discount over the open market value of IWCity. The issuance of new shares at a premium of 28% to Ekovest’s current market price is also a good deal for Ekovest,” a source familiar with the proposed deal told The Edge Financial Daily yesterday.

http://www.theedgemarkets.com/article/lim-kang-hoo-suffers-setback-iwhiwcity-merger

3,260,000 X RM3.13 = RM10million. this buyer sure a big kaki, if this is true.

http://klse.i3investor.com/blogs/changwt/136822.jsp

coincidentally, RM1.16 * 30% limit up is also close to RM1.50

http://www.thesundaily.my/news/2097048
Ekovest to sign on partners for DUKE 3, after 50% completion

Q1: What is the completion progress for DUKE3?
Q2: Who could be the strategic partner of DUKE3?

These 2 questions should be answered very soon right?

Stock: [EKOVEST]: EKOVEST BHD
Sep 1, 2017 09:17 PM | Report Abuse

Lets just look at Yr on Yr on 3 divisions.
Ignore Investment Holdings division because of the sales to EPF (one time off deal)

FY15/16 vs FY16/17

Constructions Rev / Constructions Profit
619mil VS 820mil / 46mil VS 206mil

Property Rev / Property Profit
50mil VS 103mil / 10mil VS 14mil

Toll Operations Rev / Toll Operations Profit
123mil VS 1088mil / 104mil VS 327mil
---------------------------------------------------

Year on Year figures, the property division is very small in Ekovest.
Property profit is also lower than Construction and Toll Operations.

The overall company ROI will be better without Property Division.
Look at the figures.

http://www.thesundaily.my/news/2017/10/25/gadang-holdings-net-profit-rises-higher-revenue-construction

warrant dropped below 5%. this makes me itchy hand again...hahaha...

wow...what happened? Any news?

http://www.thestar.com.my/business/business-news/2015/05/13/pdp-for-lrt-3-to-get-6-of-project-cost-as-fees/

"The project delivery partner (PDP) for the estimated RM9bil light rail transit line three (LRT 3) project, which is expected to be announced in July, stand to earn 6% of total cost as management fees, going by the rate charged by the PDP of the mass rapid transport (MRT) project."

wait until janggut sudah panjang...hehe..go go gadang..waking up soon.

Lets just look at Yr on Yr on 3 divisions.
Ignore Investment Holdings division because of the sales to EPF (one time off deal)

FY15/16 vs FY16/17

Constructions Rev / Constructions Profit
619mil VS 820mil / 46mil VS 206mil

Property Rev / Property Profit
50mil VS 103mil / 10mil VS 14mil

Toll Operations Rev / Toll Operations Profit
123mil VS 1088mil / 104mil VS 327mil

warrant premium reduce to 5.4% now. (Mother = RM1.11, Son = RM0.69), dated 29 Aug2017.

MrPauper: take a look at section4 from the link i posted. Seems like number of shares will be the same. After capital reduction, gearing will be increased.

yuanlong57: great..thanks..the info was helpful for my understanding.
http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=180996&name=EA_DS_ATTACHMENTS

There will be cash distribution of RM0.32/share held. Share price will be adjusted by deducting RM0.32. Less shares means when the company has more profits to distribute to its shareholders. Thus a higher EPS will be achieved.

So, after the Capital Reduction and the business is constant like past years, we shall see more profit, a higher EPS. And if the business is growing, it will further amplify the profit and EPS as well.

Jefflim: im still learning.....hehehe

i found this article.
http://www.theedgemarkets.com/article/alcom-proposes-capital-reduction-repayment-32-sen-share

@Jefflim and others,,thanks for replying. Can help to explain a bit more why Capital Reduction is such a good news? i looked up google/youtube but the topic is too complex for me to understand.

what will happen to Alcom when the Capital Reduction is approved now?

what are the benefits of capital repayment?

http://www.4-traders.com/EKOVEST-BHD-6492497/company/

What is ESOS? Please read the link below.

http://www.investopedia.com/terms/e/eso.asp