Mother is slowly and gently up n finding new support level while waiting to shine :)

Feel good

Pls no CBL

Forming new support level. This could be good for those entered at lower price since last year.

Feel good ....

Gold price too

Wait till 11am see how's the market

Obama authorized air strike in Iraq

Might be 15

It is forming new support level

TPY said the JV project with Protasco is expected to be announced middle of next year. Regarding the TP, I think first booster will be from Sensorlink. Possible to create new record now or later when the results of post-acquisition are perfect.

If u have confidence, hold till the JV project executed then really huat arrrr...

Lol

Agree

Hope they will focus on the JV now and execute it ASAP

#Hot Stock* Protasco dips 3.26% after O&G venture called off

Wed, 06 Aug 2014 03:30:47 GMT


KUALA LUMPUR (Aug 6): Protasco Bhd shares slipped 3.26% in morning trades on Wednesday after the company called off its venture into the onshore marginal oilfield development in Indonesia yesterday.

At 10:42 am, Protasco dropped 6 sen to RM1.78 after falling to a low of RM1.75 earlier.

The company announced to Bursa Malaysia yesterday that its amended sale and purchase agreement (SPA) to acquire a 63% stake in Indonesia-based oil and gas company PT Anglo Slavic Indonesia from PT Anglo Slavic Utama had lapsed.

It said that the announcement had lapsed on July 28 as the conditions laid out in the agreement had not been fulfilled by PT ASU and the security provider within the conditional period of six months.

Protasco disclosed that it was in discussion with PT ASU for the purchase price to be returned through, among others, cash and disposal of the secured shares in accordance with the terms of the related SPA.

MIDF Research said in a report today that it was not too perturbed over the deal cancellation as there would be minimal near-term impact to the group’s earnings growth prospect.

"Although the proposed investment may potentially deliver lucrative returns over the long-term, it would only contribute minimally to the group’s FY14 and FY15 operating profits," it said.

The research house is maintaining its "buy" rating on Protasco with a revised target price of RM2.69 per share (from RM2.90) based on FY15 sum-of-parts valuation.

Thanks gao

GAO, need ur advice here. If I got the rights issue at lower price, should my average buying price getting lower as well ? Thanks in advance

I also consider to hold till next year.

億豐看好新購公司 3年貢獻20%收入

5 Aug 2014 17:22


　（八打靈再也5日訊）億豐控股（NEXGRAM，0096，創業板科技）預計剛收購的安全監控服務公司SensorLink能在3年內貢獻20%收入。

　億豐控股總執行長鄭博毅今日出席特別股東大會后向記者指出，SensorLink貢獻20%收入將源自安全和監控設備業務。

　“我們能通過該收購計劃擴大客戶基礎，並有機會服務我國潛在的銀行、政府機構和制造領域。這能提振公司未來2個季度業績表現。”

　他說，億豐控股和SensorLink經營業務已有超過10年經驗，后者過去業績表現良好。

　“如今配合億豐控股的加入和支持，有信心能在未來贏取更多合約。”

　億豐網通是以2860萬令吉收購安全監控服務公司SensorLink控股70%股權。

　此收購建議將積極推動該公司，不僅是盈利方面也包含協同和無形利益。

I hope he is serious in biz plan. In the long run should be good.

Thanks gao

If u foresee good future due to the mixed property development, keep until u become millionaire :) u can start to acquire as much as u can.

GAO, what is the outcome of EGM?

GAO, I am far away from the venue.

What time is the EGM?

Pray hard ...

Thanks for ur advices

Y sumatec ? Any news?

GAO, I hope this is real. And I do hope that TPY is serious in biz plans (JV and MoUs must be materialised). If so, I believe the value will be much higher :) just the matter of time !

Who knows the background of TPY?

Pray hard

Willowglen (0008), u can consider.

Regarding Sensolink.

Pray hard ....

My stand is, as long as TPY still holding without selling off his shares, we will see uptrend soon. Pray hard.

What MTSB is doing ?

Is this good news?

Then I will try to collect at lower price :)

GAO, what do u think about Nexgram now?

Someone collecting and someone throwing. Hope not TPY throwing.

GAO tell me if u made it.

Pray ......

Huat ar by then... Pray for dividend declaration.. God, I pray to u!!!

Ayam Tua, EAH is not in the list of GST certified vendor. Now have to wait for M&A news.

#Stocks to Watch* Rubber glove manufacturers, Sarawak Cable, Fajarbaru, Kretam, GST software ...

Mon, 07 Jul 2014 12:44:00 GMT


KUALA LUMPUR (July 7): Based on news flow and corporate announcements today, stocks that may draw market interest tomorrow (July 8) could include:

Export-based rubber glove manufacturers like Top Glove Corp Bhd and Supermax Corp Bhd may be in the spotlight, amidst the continued appreciation of the ringgit against the US dollar, that would not augur well for them.

The ringgit strengthened to RM3.1900 against the greenback today, according to Bloomberg data, up 4.8% from RM3.3511 seen in February this year.

As Top Glove and Supermax's global sales are denominated in US dollars, a firmer ringgit will translate into lower income, when their earnings are converted into the Malaysian currency.

Last Friday (July 4), Bloomberg reported that the ringgit climbed to its highest level since November, on bets Malaysian policy makers will raise interest rates for the first time in three years.

The currency was Asia’s best performer after Indonesia’s rupiah this week, on speculation that Bank Negara Malaysia will increase benchmark borrowing costs from 3%, coming Thursday.

Sarawak Cable Bhd announced that its wholly-owned subsidiary, Trenergy Infrastructure Sdn Bhd, has received the letter of acceptance for a power transmission line project from Tenaga Nasional Bhd (TNB).

In an announcement to Bursa Malaysia, Sarawak Cable said the project, which had a contract value of RM14.67 million, is for a proposed 132kV single circuit loop in/out PMU 132/33kV Enstek, from KLIA-Salak Tinggi transmission line.

It will commence immediately and shall be completed within 448 days from today (July 7).

“The project is expected to contribute positively to the earnings and net assets of Sarawak Cable Group, for the financial years ending Dec 31, 2014 and Dec 31, 2015,” said Sarawak Cable.

Construction outfit Fajarbaru Builder Group Bhd is buying three pieces of land in Australian for A$6.9 million (RM20.6 million) cash, through its indirect unit, Fajarbaru-Beulah Melbourne Pty Ltd.

“The properties development to be undertaken on the said land, is expected to provide FBG with a new source of income,” said the construction outfit in the announcement to Bursa Malaysia.

Fajarbaru said that the acquisition was expected to be completed by the third quarter of 2014.

On the financial effects, it said the acquisition would not have any material impact on the earnings and earnings per share or net assets of the group.

Kretam Holdings Bhd’s subsidiary, Usaha Dimega Sdn Bhd, has entered into a conditional bulking joint venture (JV) agreement with Rikaworth Sdn Bhd and Sawit Bulkers Sdn Bhd, to venture into the business of common bulking installations for palm oil and related products.

The JV will purchase a parcel 469,942 sq ft of land in Sandakan, Sabah, for RM8.46 million from Sandakan Bulkers Sdn Bhd, for the setting up and operation of the common bulking installations.

The cost for the proposed JV is estimated at RM40.46 million.

“The logistics of the proposed bulking installations will cater to the conveyance of oil palm products to ships, more economically, efficiently and expeditiously.

“Thus, it will be of mutual benefit to the JV Company, to UDSB and to GEOSB's business, as well as to other users of the proposed bulking installations,” said Kretam.

Software providers such as IFCA MSC Bhd, Edaran Bhd, Censof Holdings Bhd and Goodway Integrated Industries Bhd, may also be of interest, after their endorsement as certified vendors for accounting software for good & service tax compliance.

Recently, the Customs Department released a list of companies that it has endorsed as certified vendors for accounting software, to small and medium enterprises (SMEs), which is furnished on its GST dedicated website.

Fifty-six companies have made the list, with four being local public-listed companies — Edaran Bhd, IFCA MSC Bhd, Censof Holding Bhd and Goodway Integrated Industries Bhd.

While it is not compulsory for local enterprises to convert to the accounting software endorsed by the government, having the certification could be a big boost to the software providers.

億豐364萬售印尼公司

2014-07-02 13:05


（吉隆坡2日訊）億豐（NEXGRAM,0096,創業板科技組）旗下44%子公司Elasitas科技有限公司，建議以130億印尼盾（約364萬令吉）脫售印尼子公司Elasitas多元創意公司99%股權。

該公司發文告說，預計上述脫售活動可讓公司賺取200萬令吉一次性盈利，兌現投資價值，所得資金將被用作未來6個月營運資本。（星洲網）

（吉隆坡30日讯）受惠于建筑物重估增值，NEXGRAM（NEXGRAM，0096，创业板）截至4月杪财年末季净利飙涨231%，达893万7000令吉，上财年同期是269万9000令吉。

不过，因销售额下滑，当季营业额年跌16.43%，从上财年同期的2650万9000令吉，跌至2215万4000令吉。

每股盈利报0.95仙，上财年同期是0.59仙。

合计全年，NEXGRAM净利报1402万8000令吉，增长90.6%；营业额则增加28.1%,至1亿205万令吉。

Just a proposal

Dividend is definitely a booster.. Pray hard !!!!