Posted by foreverchung > 2021-06-28 10:19 | Report Abuse

Received a phone call from Ranhill today, and they demonstrated good rapport with shareholders.

Took the time to address and elaborate on my questions prior to AGM & EGM. Kudos to the team.

Posted by Jeff7 > 2021-06-29 11:04 | Report Abuse

Me Too, last Friday got a phone call from the top management too, answered my 11 questions. Thumbs up on their IR! Keep it up!

Honestly, feel very surprised when a company that i investing, their top management called and explain on my queries. So far other than Ranhill, non of the companies that i am holding which their management do the same (some only will reply email, some dun even reply any of my email when i email their IR).

Good Job!

Posted by Sumikko > 2021-06-29 14:59 | Report Abuse

Would anyone be willing to share the salient points discussed in AGM? (for those that attended)
interested to know if they talked about their near term growth plans

Posted by foreverchung > 2021-07-05 00:25 | Report Abuse

@Sumikko basically people asking why price drop, why no door gift and etc. Typical Malaysian-esque questions.

Management did not comment on share price. Management did mention that they are looking forward to expand to other states, but must be profitable. Whereas for the acquisition, management deemed it as a fair buy, not cheap, but fair. Issue price would be 90sen.

Personally, I would consider it as a good sign, despite offering 90sen, it is still a deal accepted, showing support for the company's position. Apart from that, waterworks will remain Ranhill's biggest revenue contributor, with hopes that next year water tariffs that is supposed to be adjusted, will be adjusted.

Posted by Nam Uni > 2021-07-05 02:53 | Report Abuse

RAN..... TO THE HILL

Posted by Jeff7 > 2021-07-05 09:33 | Report Abuse

The Issue price to take over the both company is 0.95 which not 0.9. Can refer back Bursa Malaysia Info

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3166191

The Management did mentioned in the AGM/EGM that they are in the mid to nego with the Government on the increase of the water tariff. Which the company has not increase any tariff last 5-6 years.

Posted by Sumikko > 2021-07-06 11:38 | Report Abuse

@foreverchung thanks for sharing :D
by expanding to other states, hope they are aiming to get a piece of Rasau & Sarawak water projects since managing NRW is Ranhill's core competency

Posted by Tikam_2021 > 2021-07-13 16:04 | Report Abuse

Look around u, many people don't have jobs. They can't even afford a decent meal. Economic system is disrupted. All stocks will be rock bottom before the general election.

Posted by Tikam_2021 > 2021-07-13 16:05 | Report Abuse

Just hold, ranhill is a very strong company. If u are afraid just sell it.

Posted by firehawk > 2021-07-14 15:39 | Report Abuse

yes! they even not afford to drink water ....

Posted by Swcm98 > 2021-07-14 18:18 | Report Abuse

Lowest price in 2 years

Posted by BigZakar > 2021-07-16 13:52 | Report Abuse

get ready to buy..............below 65cents

Posted by derekooi > 2021-07-16 16:31 | Report Abuse

What happen to this stock? It keeps dropping even though company keep buying back its share.
Who is selling?
Hope nothing malicious going on with this company.

Posted by The_JQuestion > 2021-07-17 16:30 | Report Abuse

most energy sector dropping not just this company probably market sentiment or prospect x cantik
earnings going affected by MCO/EMCO??

Posted by goldenluck16 > 2021-07-18 10:47 | Report Abuse

RAN...down ..HILL

Posted by risktoreward > 2021-07-22 21:32 | Report Abuse

oh ya forgot bout this, I bought @ 0.70

Posted by clammiethh > 2021-07-30 10:39 | Report Abuse

https://klse.i3investor.com/blogs/Ranhill1/2021-07-30-story-h1568873655-Ranhill_is_underrated.jsp this is such an interesting write up. diversified into new segment and the new acquisitions will brings benefit to the group. are we expecting a better result for this financial year and perhaps better dividend?

Posted by foggyt > 2021-07-30 12:40 | Report Abuse

I believed this diversification can cushion the slight negative market sentiments arise from the renewable energy sector, guess Ranhill can have more diversified and sustainable revenue stream from the diversification through acquisition of two companies with excellent track record. Let's take a look on their next Q result.

Posted by Jeff7 > 2021-07-30 13:05 | Report Abuse

Actually with the acquisition of the both companies, Ranhill side have the ability to manage the EPCC for the LSS4 by themselves in order to manage the cost (inter billing) well and improve the ROI compare to other players that need to engage other EPCC supplier like Solarvest, Samaiden & etc.

It will also increase the chance for Ranhill to win more LSS projects in the future, due to the cost competitiveness.

Hope the company can talk to government side to revise the water tariff (which many years no change) to cover the high rising maintenance cost.

Posted by clammiethh > 2021-07-30 13:30 | Report Abuse

Jeff7, yes you're right. the water tariff if im not mistaken at least 6 years or more.

Posted by clammiethh > 2021-07-30 13:32 | Report Abuse

foggyt , yes have to observe their next q result. since the acquisitions were completed 2 weeks ago.

Posted by Bgt 9963 > 2021-07-31 09:15 |

Post removed.Why?

Posted by Jeff7 > 2021-08-03 08:47 | Report Abuse

https://app.eventure.com.my/53e512e1?fbclid=IwAR3M4qunXQAemkbt3-MvibCBtYNtyQuWRi25u855fug0FQVztnBvWtLEtcE

Posted by winsenlim68 > 2021-08-03 09:26 | Report Abuse

Jeff7 i just read it. good write up on the company. how the new acquisitions can benefit the company and the valuation seems to be fair too.

Posted by winsenlim68 > 2021-08-03 09:27 | Report Abuse

Jeff 7 what's your thought on this company?

Posted by Jeff7 > 2021-08-03 10:17 | Report Abuse

I have did my own measurement as below:

RBSB - PP 98815789 shares x RM0.95 = RM93874999.6
RWSB - PP 124164868 shares x RM0.95 = RM117956625

RB Shares before PP for Acquisition - 1072940000 shares x RM0.685 (average 7 days) = RM734963900

If add up together total market Cap should be RM946795524, divide by the total no of shares after acquisition of 1295920657 shares = at least RM0.73

Above calculation is just based on the purchase price of the new companies, which not include the value that bring in by the both companies (with 20-40 years track records), and also the net profit & clean balance sheet. It mean, at least it should have a based value of RM0.73 & more.

This is just my opinion.

Posted by LianJang > 2021-08-03 11:02 | Report Abuse

Looking at the share movement, they are aggressively doing shares buyback. Is this another parameter that we can look at that the management is posting high confidence on the corporate exercises?

Posted by Jeff7 > 2021-08-03 12:23 | Report Abuse

after the acquisition, Tan Sri Hamdan share holding will be 46.96% which around 47%. If from this alone, already can see how confidence and important the Ranhill company to the owner and also other big shareholders.

The company also keep on share buyback (which also mean the cash roughly 47% 'contributed' from the Owner or the highest management), which i think they definitely confidence on the company.

The 2 companies that acquired will contribute a significant numbers to Ranhill, it also mean that the future financial numbers will improve. It also make sense that the company share buyback now at the low level.

Posted by winsenlim68 > 2021-08-03 16:43 | Report Abuse

i've posted why ranhill is undervalued. yeah i agreed with it Jeff7. usually owners will buy share buy back cause they think their share it too cheap now . with the new acquisitions we are able to see improve revenue and pat in Q3 and Q4.

Posted by firehawk > 2021-08-04 09:13 | Report Abuse

Best price to buy again !!!

Posted by Jeff7 > 2021-08-04 09:20 | Report Abuse

SUBSTANTIAL SHAREHOLDERS AS AT 3 MAY 2021

Cheval Infrastructure Fund LP
(acting via its general partner,
TAEL Management Co. (Cayman) Ltd)
192,783,278 Shares (18.15%) - Direct

Lambang Optima Sdn Bhd
125,909,345 Shares (11.85%) - Direct

Hamdan (L) Foundation
90,989,543 Shares (8.57%) - Direct
140,453,345 Shares (13.22%) - Indirect

Tan Sri Hamdan Mohamad
148,650,343 Shares (13.99%) - Direct
231,442,888 Shares (21.79%) - Indirect

Permodalan Darul Ta’zim Sdn Bhd
114,049,200 Shares (10.74%) - Direct

Perbadanan Setiausaha Kerajaan Johor
(The State Secretary, Johore (Incorporated))
114,049,200 Shares (10.74%) - Indirect

State Government of Johor
114,049,200 SHares (10.74%) - Indirect

Lembaga Tabung Haji
58,659,487 Shares (5.52%) - Direct

*Details please refer FY20 Annual Report, Page 247

Posted by winsenlim68 > 2021-08-04 09:26 | Report Abuse

Jeff7 i think there's some changes on the shareholding list. Tan Sri Hamdan's stake is more now.

Posted by Jeff7 > 2021-08-04 09:42 | Report Abuse

yup, this info is from the FY20 Annual Report, which as at 3/5/2021, before the acquisition. From here can see the substantial shareholders hold more than 50-60% of the company shares, which also including the Johor Government.

Posted by Jeff7 > 2021-08-04 09:51 | Report Abuse

Other Shareholders as at 3 May 2021

MAYBANK NOMINEES (TEMPATAN) SDN BHD
MTRUSTEE BERHAD FOR PRINCIPAL DALI EQUITY GROWTH FUND
(UT-CIMB-DALI) (419455)
37,103,764 Shares (3.49%)

CITIGROUP NOMINEES (TEMPATAN) SDN BHD
EMPLOYEES PROVIDENT FUND BOARD
26,401,198 Shares (2.49%)

YPJ CORPORATION SDN BHD
24,290,458 Shares (2.29%)

CITIGROUP NOMINEES (TEMPATAN) SDN BHD
EXEMPT AN FOR OCBC SECURITIES PRIVATE LIMITED (CLIENT A/C-R ES)
20,160,413 Shares (1.90%)

CITIGROUP NOMINEES (TEMPATAN) SDN BHD
GREAT EASTERN LIFE ASSURANCE (MALAYSIA) BERHAD (DR)
18,487,675 Shares (1.74%)

CITIGROUP NOMINEES (TEMPATAN) SDN BHD
EMPLOYEES PROVIDENT FUND BOARD (CIMB PRIN)
16,826,822 Shares (1.58%)

MIDF AMANAH INVESTMENT NOMINEES (ASING) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR HAMDAN INC (LABUAN) PTE LTD
(MGN-HAM0007M)
14,544,000 Shares (1.37%)

CITIGROUP NOMINEES (TEMPATAN) SDN BHD
URUSHARTA JAMAAH SDN. BHD. (MAYBANK 2)
8,465,000 Shares (0.80%)

CITIGROUP NOMINEES (TEMPATAN) SDN BHD
KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (PRINCIPAL EQITS)
7,863,132 Shares (0.74%)

CITIGROUP NOMINEES (TEMPATAN) SDN BHD
EMPLOYEES PROVIDENT FUND BOARD (CPIAM EQ)
5,061,615 Shares (0.48%)

CIMB ISLAMIC NOMINEES (TEMPATAN) SDN BHD
PRINCIPAL ISLAMIC ASSET MANAGEMENT SDN BHD
FOR LEMBAGA TABUNG HAJI
5,061,514 Shares (0.48%)

CHE KHALIB BIN MOHAMAD NOH
4,638,320 Shares (0.44%)

AMANAHRAYA TRUSTEES BERHAD
AC PRINCIPAL DALI ASIA PACIFIC EQUITY GROWTH FUND
3,785,400 Shares (0.36%)

HSBC NOMINEES (ASING) SDN BHD
EXEMPT AN FOR BANK JULIUS BAER & CO. LTD. (SINGAPORE BCH)
3,211,633 Shares (0.30%)

CIMSEC NOMINEES (TEMPATAN) SDN BHD
EXEMPT AN FOR CIMB TRUSTEE BERHAD (TR1032))
3,030,000 Shares (0.29%)

CITIGROUP NOMINEES (TEMPATAN) SDN BHD
KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (PRINCIPAL ISLMC)
2,512,334 Shares (0.24%)

MAYBANK NOMINEES (TEMPATAN) SDN BHD
EXEMPT AN FOR MAYBANK ISLAMIC ASSET MANAGEMENT SDN BHD
(RESIDENT) (475391)
2,423,000 Shares (0.23%)

CITIGROUP NOMINEES (TEMPATAN) SDN BHD
UNIVERSAL TRUSTEE (MALAYSIA) BERHAD
FOR PRINCIPAL DALI EQUITY FUND
2,362,326 Shares (0.22%)

CITIGROUP NOMINEES (TEMPATAN) SDN BHD
GREAT EASTERN TAKAFUL BERHAD (MEKAR)
2,330,404 Shares (0.22%)

MIDF AMANAH INVESTMENT NOMINEES(TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR AHMAD ZAHDI BIN JAMIL
(CTS-AZJ0002C)
2,070,500 Shares (0.19%)

MOHAMED AZMAN BIN YAHYA
2,020,000 Shares (0.19%)

CIMB GROUP NOMINEES (TEMPATAN) SDN BHD
CIMB COMMERCE TRUSTEE BERHAD
FOR MAYBANK MALAYSIA SMALLCAP FUND
1,967,722 Shares (0.19%)

Posted by Jeff7 > 2021-08-04 09:54 | Report Abuse

From here we can see, majority shares hold by the top shareholders & funds

Posted by clammiethh > 2021-08-04 14:11 | Report Abuse

thinking with the current price, can keep some for long term. last year dividend yield was 4%? instead of investing those roller coaster share.

Posted by Jeff7 > 2021-08-05 10:08 | Report Abuse

Yes. The company also keep share buyback at the low level. Is it undervalued? think about it

Posted by winsenlim68 > 2021-08-05 12:33 | Report Abuse

from my opinion is under valued. well with this current share price and if have a DY for at least 4% from last year, i think it's share that keep long term instead of putting into the FD. hahah.

Posted by winsenlim68 > 2021-08-06 10:36 | Report Abuse

Lets talk about RBSB. Why would Ranhill want to acquire this company? RBSB is a multi-disciplinary engineering consultancy providing comprehensive engineering (Geotechnical, Civil, Structural, Mechanical and Electrical),Project management and Ecologically Sustainable Design/Green Building technology services.
RBSB has completed many landmark projects in Malaysia including the 88-storey Petronas Twin Towers, Kuala Lumpur International Airports , Langat Water Transfer Project and etc.

RBSB has also completed international projects including the Space Station 1 in India and King Abdullah University of Science and Technology in Saudi Arabia.

This shows that has a strong track record. The gross profit margins of RBSB generally ranges between 19% to 26%. The PAT for RBSB for FY20 is RM7.5 mil, which will translate into increase of 20% to Ranhill…

Could refer to the link below for more information on the acquisition.
https://klse.i3investor.com/blogs/Ranhill1/2021-07-30-story-h1568873655-Ranhill_is_underrated.jsp

Posted by Swen11 > 2021-08-06 11:59 | Report Abuse

Lol.. trust me.. it will continue to drop.. no ending.

Posted by BigZakar > 2021-08-06 12:28 | Report Abuse

buy some on today

Posted by derekooi > 2021-08-06 13:37 | Report Abuse

@Swen11, agree bro.
This stock drop till no end.

Posted by Swen11 > 2021-08-06 16:59 | Report Abuse

Luckily I sold it 2 months ago. Some of them still shock sendiri writing analysis how well is this stock long term bla bla bla. I am sure someone’s is trying to push down the price. Could be from their mgt who knows.

Posted by risktoreward > 2021-08-06 20:47 | Report Abuse

buy some on Mon, super oversold

Posted by Jeff7 > 2021-08-07 10:42 | Report Abuse

RSI reached lowest level for this year at around 20, but if see on the MFI money flow, it is flat and moving up trend, even the share price drop. Very interesting.

Big shark washing, and press drown to collect? Money Flow index up trend....

Posted by risktoreward > 2021-08-09 09:45 | Report Abuse

add to position 0.635

Posted by jayden007 > 2021-08-11 16:33 | Report Abuse

0.615 still dumping...

Posted by cn21 > 2021-08-11 17:53 | Report Abuse

why??? what happened???

Posted by stevenckheng > 2021-08-11 18:23 | Report Abuse

gg liao

Posted by risktoreward > 2021-08-11 21:18 | Report Abuse

don't worry, it's always the darkest before dawn. still holding