NESTCON BERHAD

KLSE (MYR): NESTCON (0235)

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Last Price

0.385

Today's Change

+0.005 (1.32%)

Day's Change

0.38 - 0.385

Trading Volume

1,427,800


2 people like this.

182 comment(s). Last comment by Noaher 2024-06-17 20:25

BilisMasin

966 posts

Posted by BilisMasin > 2021-07-19 23:55 | Report Abuse

Just in for btst
Enter 0 320

Lets see how much could be make this wednesday

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-07-20 08:43 |

Post removed.Why?

Posted by supertrader888 > 2021-07-24 15:13 | Report Abuse

Next week start fly? Just breakout after ipo that day..

Otto360

58 posts

Posted by Otto360 > 2021-08-21 07:54 | Report Abuse

Good to keep this counter long term RM 1

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-08-21 09:13 |

Post removed.Why?

Posted by supertrader888 > 2021-09-06 18:21 | Report Abuse

Finally it come !!! More to come tomorrow… 50c will reach soon… construction theme will continues move till before budget plan ! Grab the chance before too late

Posted by ipohwhitecoffee > 2021-09-06 19:38 | Report Abuse

ok fine. it's back?

Posted by mansrahman95 > 2021-09-06 20:34 | Report Abuse

Semoga lu nestcon

Posted by SmallInvestor14 > 2021-09-06 21:07 | Report Abuse

What happen today? Is it still ok or too late to buy Nestcon now? Man, i should've buy last week.

Noaher

49 posts

Posted by Noaher > 2021-09-06 22:48 | Report Abuse

The show just started

whpang

66 posts

Posted by whpang > 2021-09-06 23:33 | Report Abuse

Still can or too late

ZFYEOH

1 posts

Posted by ZFYEOH > 2021-09-07 10:08 | Report Abuse

Good company, can keep for long term

farizmo

1 posts

Posted by farizmo > 2021-09-08 16:00 | Report Abuse

beli time murah ni..

Posted by $$$ BUY&SELL $$$ > 2021-09-19 11:42 | Report Abuse

slow and steady

Michael Kwok

6,439 posts

Posted by Michael Kwok > 2021-09-24 12:33 |

Post removed.Why?

Posted by ericpee82 > 2021-09-24 17:00 | Report Abuse

Today up 0.030 to 0.395....

Posted by SmallInvestor14 > 2021-09-27 14:06 | Report Abuse

Boom again today!

45AMG

621 posts

Posted by 45AMG > 2021-09-27 20:22 | Report Abuse

Slowly it is coming..

Noaher

49 posts

Posted by Noaher > 2021-09-28 18:30 | Report Abuse

Accumulation now. Gonna fly soon

Posted by jason929 > 2021-10-12 14:31 | Report Abuse

Exciting news coming soon! Nestcon gogogo!

Posted by Stronkstock > 2021-10-18 11:20 | Report Abuse

60c next month

Noaher

49 posts

Posted by Noaher > 2021-10-18 19:19 | Report Abuse

No need wait next month. End of the month can 60c

followKing

408 posts

Posted by followKing > 2021-10-18 21:36 | Report Abuse

LU

Hooi369

657 posts

Posted by Hooi369 > 2021-10-20 15:22 | Report Abuse

cuci cuci sikit continue....

Hooi369

657 posts

Posted by Hooi369 > 2021-10-27 16:53 | Report Abuse

diam2 mia stock kita diam2 win....

Posted by Stronkstock > 2021-10-27 19:50 | Report Abuse

Going to go up after today's washing. Weak hands all kena wash liao

hwtham

124 posts

Posted by hwtham > 2021-11-12 09:24 | Report Abuse

The article shows empire city PJ project....Hahaha...Quickly run..run..

10xGoreng

55 posts

Posted by 10xGoreng > 2021-12-02 15:05 | Report Abuse

2bil unbilled order book for 3 years is approximately 700mil revenue every year. CEO also confident at least 500mil revenue in 2022. That makes them 25-30mil net profit based on 5%-6% margin. Assuming next year borders open and construction speed up, they could bill in 700mil revenue or more, that's safe to record 30mil net profit.

In terms of revenue growth is >60% assuming this year only capture 300mil revenue vs next year 500mil revenue.

In terms of net profit growth is >400% assuming this year capture 7mil net profit vs next year 30mil net profit.

Let's apply P/E of 20x, it's at least 600mil market cap.

Why 20x P/E? Owner has cornered 70% (60% from Dr Lim and 10% Mr Ong), that left 30% public float. Owner would not sell likely. That means to say 14x of the P/E multiplier equation controlled by owners, 6x of the P/E multiplier is in public's hand. It's the same structure happened to GDB few months back when it rocketed from 0.40 to 1.00 prior to the bonus issue! The best part is, Nestcon's order book is double of GDB's 1.3bil at that point of time when GDB rallied.

Is Nestcon a buy here?

I'd think this is a screaming buy now given that the whole world is recovering from lockdown. Countries cannot afford to lockdown further and no way we can catch the virus.

Infrastructure spending is the only way to boost GDP growth when monetary policy no longer efficient in a low interest rate and high inflation environment.

I won't be surprised Nestcon can get more government projects bidding since they are involved in ECRL and Johor railway.

Even at 0.50, Nestcon is still cheap to continue chasing.

Let's watch and see.

For those who have not bought any, buy now!

10xGoreng

55 posts

Posted by 10xGoreng > 2021-12-02 15:40 | Report Abuse

Technical chart is supportive at 0.37. Today close up at 0.39 it will form a bullish engulfing reversal trend. Heading towards 0.45 and above

10xGoreng

55 posts

Posted by 10xGoreng > 2021-12-10 17:38 | Report Abuse

good time to collect more!!! Chart is bottoming at 0.36

10xGoreng

55 posts

Posted by 10xGoreng > 2021-12-20 11:53 | Report Abuse

Construction play for flash flood issues will help boost up construction and infrastructure demand. Buy Buy Buy. Supporting at 0.375

Investz

95 posts

Posted by Investz > 2021-12-23 09:36 | Report Abuse

How come no move?

10xGoreng

55 posts

Posted by 10xGoreng > 2022-01-05 14:40 | Report Abuse

hahaha. Now it is moving. Have you bought any? Chasing high soon. Major shareholders not selling post lock-in period on the 29 Dec 2021. Good sign that this company will grow further with the recovery theme and undervalued property segment domestically. Dato Lim will be able to execute it according to plan by moving into mainboard by 2023. Order books growing and with Exsim's aggressive development, they will inject profit into Nestcon via more projects bidding.

Maybe the Nestcon will get the empire city mall project in view that Exsim acquired 20% stake in empire city mall.

Investz

95 posts

Posted by Investz > 2022-01-05 20:00 | Report Abuse

@10xGoreng. Yep, bought some. No idea what price it can go.

Investz

95 posts

Posted by Investz > 2022-01-11 17:41 | Report Abuse

How come move such slow?

Noaher

49 posts

Posted by Noaher > 2022-01-11 19:47 | Report Abuse

Slow and steady

10xGoreng

55 posts

Posted by 10xGoreng > 2022-01-12 07:32 | Report Abuse

@investz. You should go to OPCOM AIMFLEX AHB KTB for fast goreng money. You dont belong here.

Investz

95 posts

Posted by Investz > 2022-01-12 12:50 | Report Abuse

@ 10xGoreng. I dont like goreng counter. I have a reason why I say slow.

10xGoreng

55 posts

Posted by 10xGoreng > 2022-01-13 06:55 | Report Abuse

Time to buy more. Breaking new high. Ecrl contracts coming, im sure there are more coming with flash flood recovery contracts demand increasing

Noaher

49 posts

Posted by Noaher > 2022-01-19 22:45 | Report Abuse

Another 188.5m project from Exsim

10xGoreng

55 posts

Posted by 10xGoreng > 2022-01-20 06:54 | Report Abuse

Buy more. Breaking new high

Pinky

3,476 posts

Posted by Pinky > 2022-02-03 15:50 | Report Abuse

Not much interest in this stock here? Today damn kuat

Pinky

3,476 posts

Posted by Pinky > 2022-02-04 13:30 | Report Abuse

The sky is the limit, given their strong order book replenishment!

DatoKyle

369 posts

Posted by DatoKyle > 2022-02-07 00:12 | Report Abuse

Insider news.. 7 Feb to hit 0.55 cents end of the trading day!

Pinky

3,476 posts

Posted by Pinky > 2022-02-07 09:21 | Report Abuse

Why so unambitious? I aim at least 60 sen for this stock

Investz

95 posts

Posted by Investz > 2022-02-07 14:15 | Report Abuse

Insider news is RM1 before chap goh mea.

Pinky

3,476 posts

Posted by Pinky > 2022-02-07 14:23 | Report Abuse

Now this is more like it hahahaha

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