Posted by abc333 > 2018-06-04 09:17 | Report Abuse

buy before it fly

Posted by k6ii > 2018-06-04 10:21 | Report Abuse

wow...Ewein dah fly...ini tunggu meletup….

Posted by abc333 > 2018-06-04 14:54 | Report Abuse

warrant is attractive

Posted by abc333 > 2018-07-19 11:49 | Report Abuse

fly

Posted by kekayo > 2018-07-26 11:30 | Report Abuse

Ouch......

Posted by k6ii > 2018-08-27 20:32 | Report Abuse

http://www.theedgemarkets.com/article/vertice-bags-rm27m-desaru-subcontract-work

Posted by kasrim > 2018-08-29 10:02 | Report Abuse

buy now... up up up soon

Posted by k6ii > 2018-08-29 19:41 | Report Abuse

QR report is green...up soon?

Posted by rlch > 2018-09-05 11:14 | Report Abuse

Mudajaya also get same project before but later terminate when cannot do. What is so special abt Vertice?

Posted by jordanmaggie61 > 2018-09-05 11:35 | Report Abuse

Keep going, up up up !

Posted by Jack Lim > 2018-09-05 13:41 | Report Abuse

Cannot understand why it's still not moving with all these announced good news?

Posted by Jack Lim > 2018-09-05 13:48 | Report Abuse

http://www.thesundaily.my/news/2018/09/03/vertice-joint-venture-company-wins-rm815m-contract-related-party-deal

Posted by why_no_dividend > 2018-09-16 12:22 | Report Abuse

Vertice loses RM340mil highway sub-contract
https://www.nst.com.my/business/2018/09/411411/vertice-loses-rm340mil-highway-sub-contract

Posted by Yael Jasper > 2018-09-18 11:13 | Report Abuse

Good news incoming, oh yeah !

Posted by Alfonso > 2018-10-04 09:52 | Report Abuse

Dont talk about the noobie Mudajaya here, there are simply too noob to handle any projects.

Posted by why_no_dividend > 2018-10-07 12:31 | Report Abuse

Dividend when? How much?

Posted by apolloang > 2018-10-18 17:26 | Report Abuse

why down? ewein up leh

Posted by stockmethods > 2018-10-31 11:19 | Report Abuse

here is the good news http://www.theedgemarkets.com/article/vertice-confident-about-infrastructure-project-penang

Posted by stockmethods > 2018-10-31 18:35 | Report Abuse

No wonder today up so much: http://www.theedgemarkets.com/article/vertice-ready-move-has-big-plans

Posted by stockmethods > 2018-10-31 21:00 | Report Abuse

This is a real good news: http://www.theedgemarkets.com/article/vertice-bags-rm25m-modification-job-gentings-arena-stars

Posted by apolloang > 2018-11-28 16:33 | Report Abuse

any reason share up today? cos I sold already.....everytime sold sure up......all ib's manipulation in bursa yet bursa buat tak tahu

Posted by goldenluck16 > 2019-01-31 21:02 | Report Abuse

Vertice and Vizione,,,,,stocks to watch on Monday. CNY ang pow counters.

Posted by michaelwong > 2019-01-31 21:15 | Report Abuse

Vizione maybe yes but not vertice .

Posted by Jimmy Song > 2019-02-28 09:31 | Report Abuse

VERTICE’S REVENUE SURGED BY 58%


KUALA LUMPUR, MALAYSIA – FEBRUARY 27, 2019

Vertice Berhad (“Vertice” or “the Group”) is pleased to announce its financial results for the quarter and year-to-date ended 31 December 2018. The Group announced on 27 November the change of its financial year end from 31 December 2018 to 15-months ending 31 March 2019.

For the quarter under review, the impressive 58%, year on year, increase in revenue to RM53.3 million was primarily attributed to the construction business on-going projects progressing with higher capacity in terms of value of work done which resulted in higher progress billings. The commencement of two new projects secured with contract values ranging from RM10 million to RM25 million and an existing contract with additional scope of works further improves the revenue for the current quarter as compared to preceding year corresponding quarter.

As compared to the preceding year corresponding quarter loss after tax of continuing operations of RM2.2 million, the current quarter profit after tax of RM0.3 million was mainly contributed by the construction business’ outstanding performance. The construction business recorded a RM1.6 million profit before tax (“PBT”) as compared to RM0.4 million achieved in the preceding year corresponding quarter.

The year-to-date revenue increased by 67% or RM80 million from RM120 million in preceding year corresponding period to RM201 million. The construction business contributed 77% or RM62 million out of the increase of RM80 million.

The construction business year-to-date PBT was RM4.1 million in contrast to RM0.7 million recorded in the preceding year corresponding period. This was achieved with more contracts secured and more progress billings in the current financial year as compared to last financial year. As a result of the increasing positive returns propelled by the construction division, the Group’s overall balance sheet improved significantly. Net asset per share rose to RM0.78 as at 31 December 2018 compared to the previous RM0.64 per share as at 31 December 2017.

In January 2019, the Group's construction arm, Vertice Construction Sdn Bhd, through its 50:50 joint venture company, Buildmarque Construction Sdn Bhd, accepted the letter of award of contract worth RM815 million for the construction of a by-pass from Bandar Baru Ayer Hitam connecting to Lebuhraya Tun Dr Lim Chong Eu (Package 2 of the Penang Mega Infrastructure Project) ("PMIP"). The project is expected to commence construction on 31 August 2019. It is expected to contribute positively to the Group’s financials.
To date, the Group has a total outstanding orderbook of over RM700 million which will contribute to the Group’s earnings visibility up to 2022. The Group’s balance sheet remains healthy with a current ratio of 3.25 times, gearing of 0.05% and a cash and cash equivalent position of RM37.4 million as at 31 December 2018.

To date, the Group has a total outstanding orderbook of over RM700 million which will contribute to the Group’s earnings visibility up to 2022. The Group’s balance sheet remains healthy with a current ratio of 3.25 times, gearing of 0.05% and a cash and cash equivalent position of RM37.4 million as at 31 December 2018.

Vertice Board of Directors commented, “We are delighted that our construction business continues to prosper and bringing in steady and increasing revenue and profits. This demonstrates that our construction arm is growing steadily.
In line with the Group's diversification initiatives, our construction business is continuously sourcing for new projects to enhance its order book. Such potential projects are expected to contribute positively to the Group’s financials. We are confident of securing more contracts from the PMIP in view that the said PMIP total contract value is RM6.0 billion (excluding Feasibility Study & Detailed Design worth RM305 million). With more packages being secured from the PMIP, the Group is expected to be kept busy for the next 10 years in terms of its construction business activities. The Group will continue with its diversification into infrastructure and property investment which will provide additional earnings streams which is expected to enhance the Group’s profitability and returns on shareholders’ funds.”

Posted by Jimmy Song > 2019-03-04 09:59 | Report Abuse

PRESS STATEMENT
By Consortium Zenith Construction Sdn Bhd

4 March 2019
Response to posts by Malaysia Today blog on the undersea tunnel and roads project
It has been brought to my attention that Malaysia Today, a political blog outfit run by Raja Petra Kamarudin had posted a series of nefarious posts in regards to the Penang undersea tunnel and roads project.

These blog posts are pure fiction and clearly concocted to deceive and defame me, my company and the Penang state government. Even Prime Minister Tun Dr Mahathir Mohamad had said it is a lie.

Lest we forget, I have been once remanded for 11 days by the Malaysian Anti Corruption Commission (MACC) for what was billed as an extensive investigation into the project.

Besides me, my entire company was called for questioning, spending a total of 40 days in and out of the MACC office, cooperating with every single aspect that was being investigated. This includes close scrutiny of our accounts.

The MACC had even hired external consultants to see if we were fair in our pricing. And clearly, given the magnitude of our project, our prices were fair, justified and above board.

May I remind all sceptics out there that this case was investigated and completed way before the change of government had taken place. There was plenty of time to level charges against me or anyone else alleged to receive bribes.

Today, my primary goal today is to put all of my resources into this project as soon as possible so we can kick off with what will be ultimately useful for the people of Penang in the long run.

It has been very challenging for me over the years to counter every single allegation, but yet the truth has always prevailed. I pray that God gives me the strength to persevere and complete the task as I am tasked to do.

Dato' Zarul Ahmad Bin Mohd Zulkifli
Senior Executive Director
Consortium Zenith Construction Sdn Bhd

Posted by Investhor > 2019-03-07 15:19 | Report Abuse

https://www.theedgemarkets.com/article/vertice-bags-rm100m-subcontract-lrt3-precast-viaduct

KUALA LUMPUR (March 6): Vertice Bhd has secured a RM100 million subcontract to supply labour and equipment for the precast viaduct (u-trough girder) of the Light Rail Transit Line 3 (LRT3).

The group's wholly-owned unit Vertice Construction Sdn Bhd (VCSB) accepted the subcontract offer from Reaptile Industry Sdn Bhd today, Vertice said in a stock exchange filing.

Reaptile is the main contractor for the precast viaduct for the construction of the LRT3 line from Bandar Utama in Petaling Jaya to Johan Setia in Klang via Shah Alam.

"The subcontract is expected to contribute positively towards the group's earnings and net tangible assets for the period of the subcontract," said Vertice.

The two-year construction period ends on March 5, 2021.

Shares in Vertice rose 4 sen or 4.7% to close at 90 sen today, giving the group a market capitalisation of RM168.22 million.

Posted by volks2 > 2019-10-10 09:22 | Report Abuse

why the price suddenly up? any news?

Posted by bajauinvestor > 2019-10-10 09:58 | Report Abuse

the pigeon bring news that penang tunnel project will be announce in budget 2020

Posted by goldenluck16 > 2019-10-10 17:09 | Report Abuse

Tomorrow will announce tunnel project, besides Vertice, look out for Ewein and Ideal.

Posted by Noni > 2019-10-11 14:37 | Report Abuse

https://www.theedgemarkets.com/article/verticevizione-jv-wins-rm815m-job-penang-mega-infrastructure-project

Get back??

Posted by Noni > 2019-10-11 14:38 | Report Abuse

https://www.theedgemarkets.com/article/verticevizione-jv-wins-rm815m-job-penang-mega-infrastructure-project

U mean getting this back?

Posted by 陳 彥霆 > 2020-03-03 11:44 | Report Abuse

drop a lot, can rebound?

Posted by apolloang > 2020-03-03 22:05 | Report Abuse

Posted by goldenluck16 > Oct 10, 2019 5:09 PM | Report Abuse

Tomorrow will announce tunnel project, besides Vertice, look out for Ewein and Ideal.

all pakatan stocks mati kaw kaw

Posted by linheng > 2020-03-10 14:44 | Report Abuse

whats happening. PN4?

Posted by chongkahagent > 2020-03-14 20:43 | Report Abuse

Penang dap now opposition u think tunnel project still on???

Die kaw2 la

Ideal pg condo king going to be charged ??

Posted by chongkahagent > 2020-03-14 20:43 | Report Abuse

Tunnel scandal will brew once muhiddin hold his leg stable

Posted by chongkahagent > 2020-03-14 20:44 | Report Abuse

One after another worm will surface

Posted by apolloang > 2020-03-14 22:23 | Report Abuse

beware....vertice,vizone and ideal....all ph counter

Posted by linheng > 2020-04-07 04:32 | Report Abuse

Ewein move 50 % yesterday. Vertice still tidur

Posted by spielmacher > 2020-05-15 10:53 | Report Abuse

new catalyst is coming..be ready

Posted by man8748 > 2020-05-15 10:57 | Report Abuse

went down past few days..any miracle ?

Posted by linheng > 2020-05-16 04:38 | Report Abuse

52 Weeks Range: 0.10 - 0.97. Useless counter. Have not even recover to 30% of price

Posted by linheng > 2020-05-16 11:17 | Report Abuse

Why did Rakuten Head of Research recommend this Stock at 80+ cents in Jan 2020. Although this co got no debt, the revenue is no good too.
Kenny Yee
Head of Research
Rakuten Trade
Stock picks: RCE Capital Bhd and Vertice Bhd
Vertice Bhd
Price: 87.5sen

Our second stock pick for 2020 is construction firm Vertice Bhd, which was formerly known as VOIR HOLDINGS BHD.

We are looking at this stock as the group is expected to return to profitability after streamlining its operations to focus on construction.

Last year was a transitional year for the group, following the sale of its majority stake in its fashion retailing business in 2018.

The outlook for the group’s construction business is bright, given Vertice’s alliance with the main contractor of the RM6.3bil Penang Transport Masterplan project, Consortium Zenith Construction Sdn Bhd.

There are four construction packages under main contractor, with Package 2, worth RM815mil having been awarded to Vertice.

Package 2 involves the construction of a by-pass from Bandar Ayer Hitam to Lebuhraya Tun Dr Lim Chong Eu.

The groups alliance with the main contractor of the project also provides the possibility of Vertice securing further work packages.

We also expect a boom in the construction sector this year, with mega infrastructure projects like Bandar Malaysia coming up, and this should be beneficial for Vertice.

Its participation in the construction scene in Penang is also positive, given that Penang is among the states with the most construction activities in the pipeline.

Overall we are optimistic on Vertice given its strong outstanding orderbook of RM1bil, and as the works on the Penang Transport Master Plan project will keep the group busy, providing earnings visibility for the next three to five years.

Posted by Alfonso > 2020-05-21 10:33 | Report Abuse

where are those con man now, please help to promote this death counter again

Posted by spielmacher > 2020-06-03 22:02 | Report Abuse

TP 15 sen

Posted by linheng > 2020-06-05 10:28 | Report Abuse

Ewein got volume and moving today. Any connection between Vertice and Ewein

Posted by spielmacher > 2020-06-11 15:15 | Report Abuse

vertice is PH counter. just pray PH will get Putrajaya back, otherwise TP 15

Posted by linheng > 2020-06-20 15:26 | Report Abuse

Finally got hope after long suffering. The 46 Billion Penang Transport Masterplan is going ahead.
Refer this link : https://www.thestar.com.my/news/nation/2020/06/20/mega-projects-in-penang-to-go-ahead. This company is tie up with Zennith Construction for a few packages of the Penang Transport Masterplan. Refer to Kenny Yee Rakuten Head of Research, Stock Pick for Year.
The outlook for the group’s construction business is bright, given Vertice’s alliance with the main contractor of the RM6.3bil Penang Transport Masterplan project, Consortium Zenith Construction Sdn Bhd.

There are four construction packages under main contractor, with Package 2, worth RM815mil having been awarded to Vertice.
Hope its finally happening. No wonder very few sellers for last few weeks.

Posted by linheng > 2020-06-20 15:33 | Report Abuse

Project going ahead even without federal govt support

Posted by linheng > 2020-06-22 17:35 | Report Abuse

waking up