https://www.thestar.com.my/business/business-news/2021/07/05/penang-air-cargo-to-improve-further

MMS Ventures CEO T.K. Sia said the group has shipped out 50% to 60% more test equipment to the United States and Europe in the second quarter compared to the first period. “Half of the orders are shipped via air while the remainder by sea, ” he added.

https://www.cnbc.com/2021/07/14/apple-iphone-production-said-to-increase-by-as-much-as-20percent-report.html

this company involved in apple and owner also mentioned already the group shipped out 50-60% more equipment.

to the moon?

https://www.cnbc.com/2021/07/14/apple-iphone-production-said-to-increase-by-as-much-as-20percent-report.html

gtronic should benefit as its customers all deal with apple one

Come think of it, even limit up tomorrow, still cheap. If u annualised its last quarter’s profit.

RM15.2mil x 4 = RM60.8m
Market cap = RM206m
PER: 3.4x only !

If we apply 10x on the stock, which is still cheap, the Fair value of the stock could be RM3.29 !!

One may ask whether the profit is sustainable. I think yes because:
1. Their mask is sold worldwide. (Refer to my earlier comment). And wearing mask will be normal thing in life even after covid
2. Directors have been buying lately. If not profit not sustainable why bother buy the shares
3. Mask oversupply? Yes. But their stylish fabric mask is FDA-approved and unique in the sense of got extra protection etc. Please do some research about this if u are unsure.

https://www.amazon.com/ProX-MarketMask-Reusable-protection-antimicrobial/dp/B0889PBZZ1

- no stock already ProX mask in US. Their profit may skyrocketing next quarter !

wuhhuuuu

Anyways, healthy debate Pershing. My point here is: this counter market cap only RM40mil. and they have new management and new business will be injected (RE and healthcare). and this new management already showed the evidence after they secured the RE project worth RM78mil last 2 months. with Joe Biden winning the US presidential election (Biden is a RE guy) + Budget 2020 tomorrow to give out more solar projects they are expected to benefit in the current environment. Plus they are also injecting the evergreen business i.e. healthcare. So RM40mil market cap looks super cheap to me !!

better check your fact before write here:

their shareholders fund here is RM35.5mil.

Latest figure June 20:
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3083843

restructuring already on going laa not because of PN17 aiyoyo....

​1) PN17 trigger 25% not 50% laa: the shareholders' equity of the listed issuer on a consolidated basis is 25% or less of the issued and paid-up capital (excluding treasury shares) of the listed issuer and such shareholders' equity is less than RM40 million;

2) the losses have been declining last Q only 9mil

3) how la they go PN17. plus they are raising capital through placement - the paid up capital should increase maa

dont think falls to PN17.. and plus the company is already in restructuring mode.

Nope. PN17 if u have negative equity.. Can read the proposals yesterday. They are in the midst of restructuring..settling their debts and all that, injecting new business (healthcare and RE. In fact, they recently secured RE project. More to come i believe

next QR should be meaningless as the company has a totally new management and business.

ipmuda just have a new management. and new assets (Renewable energy and healthcare) to be injected. market cap of less than RM50mil looks very attractive..

Current price of RM1.80 means their market cap is only RM302mil, too cheap for any acquirer to acquire this company because if we look at its peer, Luxchem, its market cap is RM824mil!! And if im not mistaken, CCM is much bigger than luxchem in terms of capacity..

Logitec earnings jump significantly, we should expect JCY earnings to improve sequentially as they are in PC segment

https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/logitech-q2-sales-grow-75-010000762.html

https://www.reuters.com/article/us-apple-china/apples-iphone-sales-in-china-up-18-in-december-government-data-idUSKBN1Z81CP

Elsoft's earnings should rebound !

https://www.reuters.com/article/us-apple-china/apples-iphone-sales-in-china-up-18-in-december-government-data-idUSKBN1Z81CP

MMSV's earnings should rebound this quarter!

https://www.malaysiakini.com/news/483894

https://www.thestar.com.my/news/nation/2019/07/15/moratorium-on-bangladesh-workers-expected-to-be-lifted-within-a-month-or-two-says-kula/

No freeze on hiring foreign workers, clarifies ministry

https://www.themalaysianinsight.com/s/155363

Putrajaya looking to revive foreign worker replacement mechanism

https://www.themalaysianinsight.com/s/156511

https://ekovest.com.my/setiawangsa-pantai-expressway-spe-formerly-known-as-the-duke-phase-3/

The alignment of Setiawangsa-Pantai Expressway “SPE” (previously known as the Duta-Ulu Kelang Expressway Phase-3″ DUKE Phase-3), will traverse north to south of Kuala Lumpur and will serve areas such as University Tunku Abdul Rahman, Wangsa Maju, Setiawangsa, Ampang, the Tun Razak Exchage & Bandar Malaysia development corridor and Kerinchi.

http://www.theedgemarkets.com/article/malaysia-signs-framework-agreement-reinstate-bandar-malaysia?type=malaysia

http://www.imi.gov.my/images/keratan_akhbar/2018/7_Jul/05072018/05072018_nst2.jpg

breaking all-time high.... chances to go 2.50 is rather high..

How much KPS is worth? https://klse.i3investor.com/blogs/howmuchkpsworth/163544.jsp

Strong momentum so far, possibly to close above 2.00 today.

http://www.theedgemarkets.com/article/xavier-jayakumar-confident-solving-selangor-water-issue

https://klse.i3investor.com/blogs/howmuchkpsworth/163544.jsp

http://www.freemalaysiatoday.com/category/nation/2018/06/28/govt-debt-to-reduce-substantially-in-next-few-months-says-dr-m/

And in terms of valuation, state government should not have any issue with RM3.0b price tag as the money will go back to them if Kps declared special dividend after the deal completed. Remember major shareholder of KPS is the state government. The higher the valuation the better for Selangor.

its a bit tough for them not to seal the deal by this coming July as previously the issue was due to disalignment of Federal and state. Now they cannot use this excuse anymore. And Selangor MB has sworn in and already make this as his priority. So whatever it is, they have to make sure this issue resolve to avoid public to make noise.

https://www.malaymail.com/s/1645736/all-but-one-of-56-selangor-assemblymen-sworn-in

https://klse.i3investor.com/blogs/kpsstrongbuy/162285.jsp

WHY KPS IS A STRONG BUY? https://klse.i3investor.com/blogs/kpsstrongbuy/162285.jsp

https://www.thestar.com.my/business/business-news/2018/06/13/at-least-rm15bil-to-be-shaved-from-ecrl/

https://klse.i3investor.com/servlets/ptres/43508.jsp

If ECRL continues. Econpile is one of the beneficiaries similar like GBGAQRS, HSSEB. Laggard play... believe the rebound is rather genuine...

https://klse.i3investor.com/blogs/lionindtosoar/157131.jsp

Judging from share price performance after the announcement, i dont think institutional shareholders will vote FOR for this destroying-value acquisition. But agree maybe LKH will use his proxies to buy the shares to vote FOR for the EGM.

If everyone vote AGAINST, we may see the share price limit up on Thursday... :D

IWCity share price went south..sign that Ekovest's shareholders will vote AGAINST in this EGM !!

The MD TS KC Lim bought at 96.5 sen back in Nov17 which is at this level. Now the price could be the floor already....

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5607865

http://www.focusmalaysia.my/Mainstream/pioneering-a-world-class-imaging-company

"Cheong says if Pictureworks goes for listing, it would do so at a minimum target valuation of US$1 bil (RM4.28 bil).

And when it does, its first choice will be to list in Asia. There have already been offers to do so in China."

PUC owns 33% stake in Pictureworks (pending EGM). Theoretically, if it is successfully listed at USD1.0b, PUC's stake in Pictureworks should be valued at about RM1.32b i.e. 94 sen per share. This is excluding its E-commerce space.

Yup agree with ppfoong. It is an MVP. Full integration of the apps have yet to materialize which the PUC Mobile App as per mentioned in the Circular Page 10 onwards.

Presto FB page gaining traction... First day launch only 2k follower now already 5k...



Wave: Current total people like and follow the presto page in facebook is 5048

https://www.thestar.com.my/tech/tech-news/2017/12/14/south-east-asia-online-economy-seen-reaching-us50bil-in-2017/

Of course, the key is execution. Execution comes from great executives. Judging from the PUC's MD and its management experience and capability in developing PictureWorks to global brand, Prestopay should be very well executed.

there is no rumours on this stock. They have explained their Proposed Business Expansion in its latest circular..

Check out: http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=183494&name=EA_DS_ATTACHMENTS

If u look at current earnings u wont buy this stock. But if u look at their potential in ecommerce with strong customer base, their position and new product that will be online in anytime soon, strong and proven track record management (lead by current MD), u will consider to own this stock.

Agree on @Joshk. Better do some research on the potential of e-commerce and how much PUC is worth. Good thing is PUC already has customer base through its existing businesses and collaboration. All PUC need is good product, which everyone expected in PUC Mobile App as per disclosed in the circular.

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=183493&name=EA_DS_ATTACHMENTS

Read their "Proposed Business Expansion". I think people buy this stock due to the company venturing into growing e-commerce business and the MD is very experience in the industry.

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=183493&name=EA_DS_ATTACHMENTS

Read their "Proposed Business Expansion". I think people buy this stock due to the company venturing into growing e-commerce business and the MD is very experience in the industry.