Alphajack what is your purpose in disclosing your profits to public? Does it really matter since there is no hard proof? Or you want to gain public trust hence boasting your profits?
To me it seems like your comments are still very amateurish and that is not how the way you should behave in forums professionally. Unless you regard yourself like the other shallow minded members in the forum, else I have no comment for you. Bragging here won't move the price of counters and I'm sure you know it.
Dont under estimate ifcam.......smrt...u know the direction n its worth. Agree abv rm 1.00 easy. Ifcam, GST 2015, not yet factor in.China biz hv alreadi make them a prince.....PLUS GST..?? Reconsider......im hv both smrt n ifcam....im smiling,...
I'm a bit concerned that most of IFCA's earnings don't come from GST but rather from foreign clients. Furthermore it is pretty much focused in Property sector, so I have a very strong conviction this might be a one-off thing and may not last for the next 3 - 5 years.
In 2015 Apr , all sales software Must be installed. P n L will show in June and announced in aug 2015.....that time, u can see the gst rev for the company. IFca still bullish ....
I'm considering to re-enter SMRT next week when prices are fit. I have a strong conviction that the quarterly earnings will be spectacular, where if proven, will definitely bring this company to a next level, along with its share price.
I have bought and sell this company twice but have been thinking to hold this for a longer-term as I love fundamentally strong companies with good management competence. More importantly, companies that will bring long-term sustainable earnings in future. Education is one sector that is defensive, and looking at SMRT, its price is still quite attractive as compared to its peers.
If the earnings are impressive, the PE will fall even further, making it more attractive. Unlike other forumers here that keep promoting IFCA, I stand strong to my beliefs. IFCA has been on a huge uptrend and to me, I need a strong conviction on whether IFCA has a long-term solution to sustainable earnings. Is the selling of softwares in China be sustainable? Will it be even more competitive than the local Chinese competitors? These are some doubtful queries I have that no one can give assurance to.
I always believe in staying with a company at least 2 to 3 years or even longer if the company is still growing strongly. If the company is only a short burst of optimism and performance, regardless how attractive is the price, I will not touch it.
Not so soon la for MB, they just submitted the application recently. Probably around next year. This announcement is probably a JV between Masterskill?
CIMB Equities Research believes that SMRT is the cheapest education stock on Bursa Malaysia.
It said with 80% recurring revenue and a projected 35% to 50% three-year EPS CAGR, in turn supported by its medical university and English language teacher training contracts, this under-researched gem is poised for a re-rating.
From the edge: KUALA LUMPUR (Nov 10): Trading of shares for two education counters, SMRT Holdings Bhd (SMRT) and Masterskill Education group Bhd (Masterskill) ( Financial Dashboard), have been suspended from 2.30pm today pending an announcement.
The separate announcements came after The Edge Financial Daily reported on Nov 7, 2014 that a new substantial shareholder would emerge in Masterskill after 30 million of its shares changed hands in two off-market transactions last week.
The name of Masterskill’s latest substantial shareholder has not been revealed but Ace Market-listed technology solutions provider, SMRT has been rumoured to be a possible buyer.
At the close of the morning trading session, Masterskill’s share price has continued its upward climb seen in the last three months to reach 62 sen. This gives the company a market capitalisation of RM231.29 million.
Meanwhile, SMRT closed at 86 sen before trade was suspended, for a market capitalisation of RM192.84 million.
MEGB might be a loss making company, but it has turned around, the losses has decreased actually, and after the completion of acquisition next year, MEGb might return to the black, therefore I viewed this as a good acquisition, but lets wait to see what will transpire in the announcement later
KUALA LUMPUR (Nov 10): Controlling shareholder Siva Kumar M. Jeyapalan will be hiving off his entire 32% stake in ailing Masterskill Education Group Bhd ( Financial Dashboard) to a subsidiary of SMRT Holdings Bhd (SMRT).
“SMRT will have a hand in Masterskill’s future. I have offered to sell all my shares in Masterskill to a subsidiary of SMRT. I know that SMRT will be conducting a due-diligence to purchase my stake in Masterskill,” Siva Kumar said.
“After purchasing my stake, I believe it is in SMRT’s plans to make a general offer to buy out the remaining shareholders,” he added.
The sale of Siva Kumar’s stake in Masterskill should come as no surprise to the market as this is not the first time he has sought to dispose of his stake.
Some 30 million Masterskill shares were crossed in two off-market transactions last week.
When asked, Siva claimed he was unaware of who had bought the 30 million shares off-markets but hinted that it might be private equity fund Creador, which is managed by Brahmal Vasudevan. According to Siva, Creador already holds 61 million shares or a 17% stake in Masterskill.
Interestingly, Brahmal has also recently emerged as a substantial shareholder of SMRT and now holds a 6.18% stake in SMRT
Siva has said that he welcomed these new substantial shareholders into Masterskill, a move, he said, would “benefit shareholders”.
“I believe they are the right people to bring Masterskill to the next level. SMRT has the experience in running an education business and with Creador on board, Masterskill will have no issues with funding,” said Siva Kumar
take a glance at MEGB's financial report... MEGB's financial is improving after the management scale back its operation. MEGB slide into red due to management too aggressive in expansion plan. with the operational scale back and selling of assets, business should turnaround.
MEGB's existing campuses should help SMRT in its expansion to reach more states... if SMRT use MEGB's existing infra for it's medical course, it will definitely be a good acquisition, saving time and money to setup campuses
I read the acquisition as more to MEGB's infra and building than to it's business... which is still good investment and also to gain some from MEGB's existing business...
Interesting deal. Brahmal Vasu is really a savvy investor!!
Those who own masterskill share ALL ho seh liao. Up almost 40 pct in 3 wks.....With the acquisition, what benifits smrt...? Increased rev but not profit...Limit up ?
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
jtpc2006
984 posts
Posted by jtpc2006 > 2014-11-07 10:19 | Report Abuse
smrt can go up a lot more, as for ifca ppl chase too high already sure will have downturn soon.