i mean bukan Edaran ni on the move, tapi IT sector is on the move. Edaran ni saja tanya; why kita tak alert on 15 May until today baru ter-nampak. Haahaha.. MacD, RSI & MA are OK, tapi Stochastc tak menarik. We will see this counter on Monday.
Another round when no one from i3investor ever noticed this counter including myself! Few month back (18/5/2012) it does happnd and today it happnd again!
this share shoik sendiri .no volume .the minute ,u buy, u will kena sangkut. they will keep yr money to pay for their debts....company is operating at a loss...today up 32 pct !! volume only 1100 lots ..i think abt RM 360 k only....
The Board of Directors of Edaran Berhad ("EDARAN") is pleased to announce that Jabatan Kastam Diraja Malaysia (“JKDM”) has accepted the proposal by EDARAN's wholly owned subsidiary, Edaran IT Services Sdn Bhd (“Edaran IT”) to undertake the service continuity project of "Sistem Maklumat Kastam" (“SMK”) / SMK enhancement for a period of 24 months at a total contract value of RM149.97 million (“Contract”).
The commencement date for the Contract is 1 September 2017 and will expire on 31 August 2019.
This Contract has significant effect on the earnings per share of the Company for the financial year ending 30 June 2018. The EPS is estimated to increase by 16.00 sen. Proceeds from the Contract shall contribute towards the earnings of EDARAN Group for the financial year ending 30 June 2018.
There is no significant risk in respect to this Contract.
None of the directors and substantial shareholders of EDARAN and Edaran IT has any interest, whether direct or indirect, in the Contract. In so far as the directors and substantial shareholders are aware of, no person connected with then has any interest, direct or indirect, in the Contract.
Edaran IT Services Sdn Bhd
Edaran IT is a full fledged IT services and solutions provider company, providing end-to-end IT systems solutions that include the provisioning, installation, commissioning, integration and maintenance of IT systems and related services. Edaran IT commenced its operation in 1988 and now heading toward its 30 years of operation in 2018.
As a committed member of the Information Technology industry, Edaran IT provides a full spectrum of IT services and solutions and has its branches nationwide.
Among the major customers of Edaran IT includes JKDM, the Ministry of International Trade and Industry (MITI), Universiti Teknologi MARA (UiTM), Jabatan Kehakiman dan Syariah Malaysia, Universiti Teknologi Petronas, Jabatan Perdana Menteri (JPM), Kementerian Sains Teknologi dan lnovasi (MOSTI) and Lembaga Hasil Dalam Negeri (LHDN).
As an IT services provider and partner to some government bodies, Edaran IT also participates in Skim Latihan 1 Malaysia (“SL1M”), an initiatives driven by the Economic Planning Unit of the Prime Minister’s Office with the objective to enhance employability of graduates from the rural and lower income sector. At EDARAN, they are trained in both technical and soft skills to fulfill the country’s need. Edaran will be hiring more graduates under this SL1M initiative for this JKDM Project.
In 2015, Edaran IT has also been appointed by JKDM as a National Single Window (“NSW”) Service Provider. Edaran IT will undertake all the activities in providing services as a NSW Service Provider through its subsidiary, Edaran Trade Network Sdn Bhd.
based on 60m share issue , eps .16 = rm9.5m to 10m profit after tax ; peg it at 15x per the stock shld translate to 2.4 and being kept busy for next 2 years.. if they manage to clinch another govt contract, the counter will shoot thru the roof !
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....
Namoyaki Takarajima
565 posts
Posted by Namoyaki Takarajima > 2012-05-18 17:15 | Report Abuse
Hmm.. macamana boleh terlepas ni. Anybody here? Thanks in advance.