PM wants Greater KL MRT project to star by July: Idris Jala

http://thestar.com.my/news/story.asp?file=...1849&sec=nation

A big piece of cake to share among all.

Kossan & Fajar results are out.

This post has been edited by SKY 1809: Nov 18 2010, 07:48 PM

This situation will not happen to me, reason being I hold too many counters already. Anyway, today portfolio up by about 2% after ex-date deduction

Thursday, November 18, 2010

KNM unit gets US$216m Uzbek job

KNM GROUP BHD [] unit KNM Process Systems Sdn Bhd has won a US$216 million (RM680 million) bid to develop gas condensate fields in Uzbekistan from Lukoil Uzbekistan Operating Company.

KNM said on Thursday, Nov 18 it received notification on Nov 16 about the successful bid to supply technical documentation, equipment and services for the development of gas condensate fields, that is Adamtash, Gumbulak and Djarkuduk Yangi Kizilcha.

It said the contract was for two years, subject to the execution of contract agreements.

KNM said that project was expected to contribute to its earnings for the financial years ending Dec 31, 2011 and Dec 31, 2012

KNM Process Systems’ core activities are the design, engineering, procurement and manufacturing of process equipment, pressure vessels, reactors, columns and towers, drums, heat exchangers, air finned coolers. - by Surin Murugiah

i mean muhibah la

interesting day for KNM,APM,Fajar,Rcecap,LHH, etc...

~A quiet Q1 for Fajar. Directors are confident that they'll get some projects soon from the few tenders they've submitted.
~Cash pile shrunk a little by 9M to 115M

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Added on
even taukeh liang says no curb to cap inflows...



This post has been edited by mopster: Nov 18 2010, 09:37 PM

Kossan result seem positive, EPS slightly higher than previous quarter, the revenue surge higher a lot than last quarter (around 30% higher revenue)..................
Trading at expected PE 10X currently, its still high potential as long the revenue performance maintain

dj green

klci will surge tomorrow.

yeah, modest quarter for Fajar. let's hope they get some contracts soon. i've never actually seen them announce they won a contract.

Tchong qtr report around the corner, should be good if based on msia 3Q car sales up result.
cont' trending up tmr.

Tomorrow 1600

GM proven to be star today. Q 35 and failed to get any.

Bcos they changed name to Government Motor.

See if GM may trigger interests in local car companies...MBMR, DRBH, TChong...

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Added on November 19, 2010, 12:19 amBoleh Juga!

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Added on November 19, 2010, 12:29 amRevenue up from 40,011,000 to 28,033,000, that's 43% increase.
Net Profit from 3,456,000 to 4,165,000, that's 20%.
However, EPS(sen) only from 2.52 to 2.64, 4.76%.

Meaning, business is well improved, but EPS low because of dilution by the Sept warrant exercise?

Now waiting for the announcement of MRT project to further boost up share price...




This post has been edited by yok70: Nov 19 2010, 12:29 AM

eh? i thought their revenue shrunk, but profits rose. EPS could be due to their warrant exercise yes.

you got source on Fajar and the MRT projects?

last time lots of rumors keep flying saying fajar will clinch LCCT 2 projects.. but tak jadi.

This time hopefully it's not bunch of hot air...

oops! my mistake.
correction:
Revenue down from 40,011,000 to 28,033,000, 43% decrement.
Net Profit from 3,456,000 to 4,165,000, 20% increment.
However, EPS(sen) only from 2.52 to 2.64, 4.76% increment.

no source, just rumors from newspaper.

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Added on November 19, 2010, 2:28 amCIMB has done it AGAIN!! Its getting famous BIG U-TURN!!
I must say, I'm starting to loose confidence on CIMB's paper now.
Their TP 1.82 outperform call for Wellcal was made in mid sept, when ringgit already sky high, and glove stocks already reaching bottom. Luckily, I didn't listen to them and buy Wellcall (since I love its 12% yield!) as I worry on rubber's price.

WELLCALL Holdings Bhd (7231), the country's largest exporter of rubber hoses and tubes, has been downgraded by CIMB Research on concerns that a stronger ringgit is eroding its profits.

"We have reduced our target price from RM1.82 to RM1.22, leading to a downgrade in our call from outperform to neutral...We see limited share price upside due to concerns over deteriorating profit margins amidst high raw material prices," analyst Nigel Foo wrote in a report.

Read more: CIMB cuts Wellcall rating on margin concerns http://www.btimes.com.my/Current_News/BTIM.../#ixzz15exrRG61




This post has been edited by yok70: Nov 19 2010, 02:28 AM


Attached File(s)
 NOTES_TO_ACCOUNTS_30.09.10.doc ( 180k ) Number of downloads: 4

Muhibah's follow-through rebound likely

Muhibbah Engineering (M) Bhd staged a technical rebound yesterday.

Its daily price trend rebounded to close at RM1.30, giving a day-on-day gain of 8 sen, or 4.00 per cent.

Chartwise, Muhibah's daily price trend rebounded from its low of 96.5 sen on October 19, all the way to its intra-day high of RM1.44 on November 11, posting a gain of 47.5 sen, or 49.22 per cent.

Its 60-minute price trend stayed decisively above its short-term owntrend (B1:B2) yesterday and stayed above it.

Its 60-minute fast MACD (moving average convergence divergence) continued to stay above its 60-minute slow MACD yesterday.

Both of its 60-minute fast and slow MACDs continued stay above their respective neutral reference lines.

Muhibah's 60-minute price trend is likely to a follow-through technical rebound.

Read more: Muhibah's follow-through rebound likely http://www.btimes.com.my/Current_News/BTIM.../#ixzz15ezba3iF



Attached thumbnail(s)

60 min chart?
that means the trade length is daytrading. not quite sure why they used 60min chart here, curious.

For me, I first look at daily chart to decide if can consider trading. If so, then I look at 30 mins chart to find better entry/lari point. I think 60 mins chart not necessarily means day trading. Just my view loh.

oh i see haha, it's just that my broker taught me once her rule of thumb was x5 of the chart length. n ever since then i followed her teachings
so,
60mins = 5 hrs trade
30mins = 2.5 hr trade etc

This post has been edited by teehk_tee: Nov 19 2010, 07:01 AM