Ytl power is expected to pay huge dividend fr their recent asset sales

FYI the winner of the digital banking license is actually YTL Digital Capital, wholly owned subsidiary of YTL Power

https://klse.i3investor.com/blogs/alpha_return_hedge/2020-11-20-story-h1536524384-Pharmaniaga_lock_load_the_premier_Covid_19_vaccine_beneficiary.jsp

Greedy44444 u r wrong. New Placement price will be the same or higher than the previous placement price because funds already anchor the 1st round. This placement is for more funds to come in not retailers like ourselves

https://klse.i3investor.com/blogs/alpha_return_hedge/2020-09-29-story-h1514362826-Kanger_s_China_partner_Sinopharm_is_finalising_vaccine_agreement_says_M.jsp

I don't see why people keep harping on Pearl Glove. The company indicated that they are moving to make gloves and now that's what they are doing with their manufacturing plant ready to produce next month. See the blog written by Lagenda on AT. Its like you are dating this girl with plans for marriage then another better one comes along, do you still go ahead with the former when a better deal arises? I sense a lot of pain from people burn by the stock fluctuation. You were burn because you bought on rumour without any verification and not that AT is actually doing it, u blame them. See the irony in your thinking

Setia2u & take profits am sure u understand simple maths right. The estimated value of the IPO is based on quote by Tan Sri in the news article. Now the estimate value will become reality or not will depend on the actual take up when the IPO is launched. So assuming IWH is valued between RM15-20bn then the 1.70 price target is based on Ekovest’s stake that’s all. So take out your calculators and do the maths

Orlando tis sad when all you need to clarify your CONFUSION is to click on bursa website for company announcement and Google the corporate structure written by various news reports in the past. I understand for some people to comprehend cross holdings at various subsidiaries can be confusing. When confused, don’t be lazy to maybe Ask a friend for help to explain the complex holdings. Sorry am not here to give tutoring

Khatulistiwa1234 - actually I fell SAD for you in your negative views/ posts of the market. You must have missed out big time in the penny stock rally thats been going on for months now.
Guys please help to give stock recommendations to this person so that we can help him make money and put some sunshine into his life.
As for Ekovest, the blog never mentioned about limit up. The price is expected to move up over time as market better understand the value of Bandar Malaysia. It’s like glove price target, share price moves up over time.

Ttgipoh perhaps you should educate us how calculations are done instead of ‘simply talk”. Ask any investment banker or corporate finance people who actually assist in listings of IPOs, they will also tell u this is how valuations are done

PrimarisMarine Please check with your investment banking buddies to understand back to back deals. That’s why the brokers to help with the listing already identified.

Orlando pls spend time to read old research to know that the listing vehicle to be IWH-CREC (IWH) because IWH & MOF own 60:40 of Bandar Malaysia. Do read and understand company structure before commenting

To address the concerns of financing and Ekovest's enhance market value with the injection of Bandar Malaysia you can read

https://klse.i3investor.com/blogs/alpha_return_hedge/2020-09-16-story-h1513524926-Ekovest_Bandar_Malaysia_boost_market_value_by_RM4_5_billion_or_RM1_70_s.jsp

Fluffyclouds like your sense of humour and sarcasm

Fluffyclouds Slides info all from GP management presentation to investors for private placement. If u read my article which was posted on Sat, you would have bought on Mon 0.60-0.63 on average for the 1st 2 hours at opening trade. Then you sell on day of signing. It’s called ‘buy on rumour sell on news’. Being greedy u have no one to blame but yourself. Even after lunch share price was still above 0.65, huge volume so lots of exit opportunity. I have over 10k views for this article, am sure most of them bought on Monday and sold today

Crawler it would be good if you could write an analysis on G3

Samurai rising i think gloves have been oversold. I personally would look to reload Top Glove and Supermax. Not writing anything on it since so many analysts out there have written on it

Samurai there is a signing its on the Tuesday schedule. Some others in I3investor have named the CHinese company. I rather leave it on the day itself to confirm. There are more than 150pax invited to the event comprising techies & bankers so one of them will text out who the Chinese party & it will spread like wild fire.

Jasonn Private placement is usually based on 5 day VWAP. Thereafter its the prerogative of the company to give a discount to the strategic shareholder.

Allan2112 You must be a newbie because you missed when GP skyrocketed above RM1. Never mind just don’t miss this round. Of course u might then reply that it came down thereafter. Then I would reply to u that all glove stocks are also coming down. That’s the way the market goes. Investors just wanna make the quickest double digit returns....but then again all season investors know that

The sentiment from the signing would excite share price. More so when the China party decides to subscribe for the private placement and emerge a major shareholder in GP

chan8 add more as you are unlikely to see this levels after the signing ceremony

Ymchan this company is run by a media shy family and thats why despite the continuous profitable track record of its original business, not many people heard of them. They are unlike the many companies who have made announcement on gloves/ masks eg related with no manufacturing track record. They prefer the results will show for itself.

Ymchan management will disclose it in their upcoming results commentary on Bursa

Share price of many face mask companies were affected by the Government's decision to cap the max price at RM1.00. HIL is selling its mask below the ceiling price while its cost of manufacturing is even lower. So gross profit margins remain strong. Recent price weakness is a chance to accumulate before earnings turn strong

I agree with pang72 that XOX can make a new 52-wk high soon

CKSam, the smart money like Daniel and the Anzo boss are increasing their stake in XOX. How can smart money be wrong?

https://klse.i3investor.com/blogs/alpha_return_hedge/2020-08-09-story-h1511616160-XOX_Momentum_is_set_to_breach_the_52_week_high.jsp

GPacket is cash rich from the 1)sale of Webe, 2)proceeds from recent private placement and 3) conversion of warrants

Hi.
Highlighting a small-cap O&G co. . Handal Resources, known mostly for the cranes: manufacturing, repair & maintenance. Favelle Favco would come into mind when one thinks about crane. Peers they are, indeed.

Who/ what is Handal?
• Listed on the Bursa in 2009 with over 20 years of experience in the O&G industry. Operates in 3 countries: Malaysia, Thailand and Indonesia.
• Handal has 3 key divisions. It is principally:
(i) an integrated crane services provider (overhaul, maintenance, inspection of cranes, supply of manpower and parts/ components),
(ii) sales and manufacturer of offshore cranes and
(iii) a provider of workover projects lifting solutions (offshore crane rental, provision of manpower) & others
• These 3 segments account for 66%/ 20%/ 14% of its 12M18 revenue.
• Order backlog now stood at MYR82m. The order split by the 3 categories is as follows: 78: 19: 3.
• This is an 18M FYE; for it recently changed its FYE from Dec to Jun.
• Handal has been in a loss-making position since 2016. Its net debt/ gearing level stood at MYR8.4m/ 9.5% respectively as at end-Dec 18.

What piqued the interest?
The material development over the last 12 months was the changes to: (i) key management & major shareholders and (ii) company’s direction.

Prior to 2018, Handal was driven by Mallek Rizal (Group MD& CEO) and Joel Emanuel Heaney (Deputy MD). Dato Mohsin was the Executive chairman. They collectively owned 26.8% of Handal then.

Borneo Sea Offshore (BSO) emerged as the largest shareholder at Handal in 2018 following the acquisition of Zahari Hamzah’s entire stake (9.6%) and subsequent purchases from the open market. Zahari was the COO and ED of Handal then.

Following the entrance of BSO, there was a change in management set-up. Sunildeep Singh Dhaliwal; co-founder and director of BSO was appointed as Handal’s Group MD, replacing Mallek Rizal.

Who’s the one behind Handal?
Sunil comes across as an interesting character … refreshing, ambitious, built his contacts in East Malaysia (he turnaround Sabah Air), connected among the MY royalties circle well, just to name a few.

The Positives
Sunil has a perspective in mind on how to develop Handal. His target is primarily on the growth of the cranes business. He sees much potential/ values at its existing crane business.
• Expand Handal’s brand name to East Malaysia (old management’s ops focus was in Peninsular Malaysia then),
• Grow it regionally (Mynamar, Vietnam, Brunei, Indonesia),
• Improve cost and process management,
• Enhance capital base, with a new private placement exercise in mind (current net gearing level; 0.1x)
• Potential new asset(s) injection.
• Currently trading below its BV of MYR0.55 (at a 35% discount).
• Targets net profit of MYR30m by 2022 (3-year plan). Loss-making now.

The less Positives

• The emergence of Chan Cheu Leong (MD and CEO of Wah Seong) as a substantial shareholder raises much conjecture in the market.

Hi.
Highlighting a small-cap O&G co. . Handal Resources, known mostly for the cranes: manufacturing, repair & maintenance. Favelle Favco would come into mind when one thinks about crane. Peers they are, indeed.

Who/ what is Handal?
• Listed on the Bursa in 2009 with over 20 years of experience in the O&G industry. Operates in 3 countries: Malaysia, Thailand and Indonesia.
• Handal has 3 key divisions. It is principally:
(i) an integrated crane services provider (overhaul, maintenance, inspection of cranes, supply of manpower and parts/ components),
(ii) sales and manufacturer of offshore cranes and
(iii) a provider of workover projects lifting solutions (offshore crane rental, provision of manpower) & others
• These 3 segments account for 66%/ 20%/ 14% of its 12M18 revenue.
• Order backlog now stood at MYR82m. The order split by the 3 categories is as follows: 78: 19: 3.
• This is an 18M FYE; for it recently changed its FYE from Dec to Jun.
• Handal has been in a loss-making position since 2016. Its net debt/ gearing level stood at MYR8.4m/ 9.5% respectively as at end-Dec 18.

What piqued the interest?
The material development over the last 12 months was the changes to: (i) key management & major shareholders and (ii) company’s direction.

Prior to 2018, Handal was driven by Mallek Rizal (Group MD& CEO) and Joel Emanuel Heaney (Deputy MD). Dato Mohsin was the Executive chairman. They collectively owned 26.8% of Handal then.

Borneo Sea Offshore (BSO) emerged as the largest shareholder at Handal in 2018 following the acquisition of Zahari Hamzah’s entire stake (9.6%) and subsequent purchases from the open market. Zahari was the COO and ED of Handal then.

Following the entrance of BSO, there was a change in management set-up. Sunildeep Singh Dhaliwal; co-founder and director of BSO was appointed as Handal’s Group MD, replacing Mallek Rizal.

Who’s the one behind Handal?
Sunil comes across as an interesting character … refreshing, ambitious, built his contacts in East Malaysia (he turnaround Sabah Air), connected among the MY royalties circle well, just to name a few.

The Positives
Sunil has a perspective in mind on how to develop Handal. His target is primarily on the growth of the cranes business. He sees much potential/ values at its existing crane business.
• Expand Handal’s brand name to East Malaysia (old management’s ops focus was in Peninsular Malaysia then),
• Grow it regionally (Mynamar, Vietnam, Brunei, Indonesia),
• Improve cost and process management,
• Enhance capital base, with a new private placement exercise in mind (current net gearing level; 0.1x)
• Potential new asset(s) injection.
• Currently trading below its BV of MYR0.55 (at a 35% discount).
• Targets net profit of MYR30m by 2022 (3-year plan). Loss-making now.

The less Positives

• The emergence of Chan Cheu Leong (MD and CEO of Wah Seong) as a substantial shareholder raises much conjecture in the market.

soon9913 Chew is the 2nd largest shareholder and he's been buying....that's the assurance. Look at the holdings of the smaller directors...insignificant....so their action can be ignored

its confirm 10 new auto gates, 4 with facial recognition and 6 using fingerprint (as standby). The 6 will be converted to facial in the coming weeks if adoption leads to no glitch.

thegreed of course from D. If it was IRIS, I would not have posted here

soon9913 if u read my 1st post, testing starts eg replacing new unit with old unit at KLIA. Check with any of your friends working there or going on holiday, they can see the change. 10 units in total I think

soon9913, passport still needed of course. Old system use finger print, this one use facial recognition. Some airports in China already using facial (see article in world news in the Star)

Heard KLIA will start testing Dsonic's new facial recognition (to replace old finger print models) auto gates at arrival hall. More legs to go...

Take profits ladies & gents

Caely has new shareholder. If Nishin cash out too, then we can expect special dividend soon

Heading for 1st resistance at RM0.24

cpng, like u pointed out that around 20ppl attended AGM.....that means most of us here were not there. So do pls shr who this big shareholder is.....if u really know

u mean hitting resistance and breaking down?

4Q17 profits akan melonjak dengan concession earnings