Oh My goodness, Sapnrg was trading now at 0.37 (+0.02) (+5.7 percent) now! It was hitting 0.375 (+0.025) (+7.1 percent) Market was very super bullish today onwards ! Johan soon definitely will follow one ! Huat ah ! Heng ah ! Ong ah!
If Johan goes up, GK value will increase tremendously as TST holds a substantial stake I never Johan......if you were TST, you will surely push up Johan also..
If I were TST, I would not push Johan up. I will let it be low price and ask friendly parties to buy up. Remember TST wanted to take the vehicle private last year but failed.
TST offered 26 cts to take private when NTA was 32 cts, in November 2017, now TST may try to offer 12 cts against NTA of 16cts ....to take private as TST and cronies hold more than 60% by now...
I think stock price will descend till RM0.075 and then stay flat till the property market picks up. Johan's e-wallet initiatives won't grow unless willing to invest a lot and fight in the hot market. Many e-wallets die off due to low traffic.
The Johan Group today is a Malaysian established group of companies with diversified operations and is listed on the Main Market of Bursa Malaysia Securities Berhad. Johan's Group current principal activities are as franchise operator for Diners Club charge and credit cards, travel and tours, property, manufacturing, resorts and hotels. We are currently looking for candidates who are dynamic and seeking for challenges in the Personnel Protective Equipment (PPE) and Medical Devices related industry.
Responsibilities
Develop the operations plan for the PPE and Medical Devices business Conduct market survey to determine the market condition Develop the branding & pricing strategy, marketing plan and distribution channel Liaise with relevant authority to obtain necessary licence, certification and apply for government incentives Ensure resource availability and allocation, including raw material and cash flow management Establish the office structure and formalise the standard procedures, including authority chart
The Requirements
At least 5 years in the PPE manufacturing/distribution and Sales and Marketing of PPE related products. Familiar with materials for the manufacturing of non-woven products Posses Sales & Marketing experience Knowledge of the medical supplies industry Knowledge in the PPE supplies industry Experience in general management including financial management
1) current cash as at recent quarter April 2020: RM 100mil
2) Land sale completed with value of RM 127 mil of which 108 will be paid in cash - 63 mil will paid in first trance and remainder in will be paid staggered
3) No long term loans...all are short term borrowings because nature of their business
4) They going to get approve the placement of shares of which will raise capital estimated at RM21.1mil which is 35% OF TOTAL NUMBER OF SHARES OF JOHAN.
5) Looking for staffs for PPE and medical devices business
Analysis: They dont actually need the cash from the placement, current cash is enough to set up factory, or acquisition of manufacturing company. Hence the placement is for the current owner to increase stake in anticipation of new profitable business coming in soon.
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....
tkl88
8,712 posts
Posted by tkl88 > 2019-02-24 20:20 | Report Abuse
Guan Eng upbeat on economy after January CPI data, more jobs created
Sunday, 24 Feb 2019 12:19 PM MYT