Asianbuffett Stock Watch

KIALIM - In The Way Up.

2014-08-28T01:20:00.000+08:00

Kia Lim Berhad (KIALIM 6211) is an investment holding company. The Company is engaged in the manufacturing of clay common bricks, facing bricks, block bricks, M211 bricks, brick tiles, chamfered paving bricks, H-shape pavers, EconBlocks, and roofing tiles, which are marketed under the brand name of Clayon (Kia Lim Group). The Company's production capability is approximately 180 million pieces of bricks per annum approximately 400,000 tons of clay per year or 15 million pieces per month. The Company's subsidiaries are Kangkar Raya Batu Bata Sdn. Bhd. and Syarikat Kia Lim Kilang Batu Bata Sdn.Bhd. At present, approximately 75% of its total production output is for domestic markets, mostly to Johor, Melaka, Kuala Lumpur and Selangor, while the balance is for overseas markets.

Current Share Price: RM0.665

NTA: RM1.208

EPS (cent): 7.63*

P/E Ratio: 8.72

* Calculated based on the net profit of the trailing twelve months and latest number of shares issued.

This year KIALIM’s share prices move in a steady upward pattern. KIALIM currently trade at RM0.665; it’s an undervalue stock, which it’s share price still a huge discount compare to its NTA RM1.20; with the P/E ratio 8.72; wow, another undervalue gem explored.

KIALIM’s properties had not been revalued to its recent valuation. All its properties are FREEHOLD land with last valuation year in 2007. This catch my pretty attention in KIALIM. The NTA is not only RM1.20; it should be higher once revalued.

Happy Trading

Asianbuffett

TEKSENG (7200), Sun will never die.

2014-08-24T23:49:00.000+08:00

TEKSENG (7200), share price increase with the volume increase, uptrend now. Currently trade at RM0.505; TEKSENG’s share price touches RM0.515 last Friday and record a 52 weeks high.

Current Share Price: RM0.505

EPS (cent): 5.64

P/E Ratio: 8.95

NTA: RM0.560

2QFY14 Report Overview.

Tek Seng Holdings Bhd (TEKSENG 7200) reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported revenue was MYR 70,448,000 against MYR 53,563,000 a year ago. Profit before tax was MYR 12,580,000 against MYR 1,393,000 a year ago. Profit for the period attributable to equity holders of the company was MYR 9,834,000 against MYR 627,000 a year ago. Basic and diluted earnings per share were 4.10 sen against 0.26 sen a year ago. For the six months, the company reported revenue was MYR 122,351,000 against MYR 97,435,000 a year ago. Profit before tax was MYR 14,443,000 against MYR 2,528,000 a year ago. Profit for the period attributable to equity holders of the company was MYR 10,812,000 against MYR 1,012,000 a year ago. Basic and diluted earnings per share were 4.51 sen against 0.42 sen a year ago. Net cash used in operating activities was MYR 1,064,000 against MYR 4,028,000 a year ago. Purchase of property, plant and equipment was MYR 3,508,000 against MYR 4,794,000 a year ago.

The revenue boost up basically due to the revenue increase in one of its business segment - SOLAR TECHNOLOGY.

TEKSENG (7200), Solar segment contribute to the group 6 months revenue from 1 January 2014 to 30 June 2014 from RM2,550,000 a year ago to RM20,703,000. A very strong profit support to the group financial. Well done Solar Technology!

Petroleum will be exhausted one day, but Sun will never die. Solar technology will be the next major energy supply in the world.

TS SOLARTECH OVERVIEW

Founded in 2010, located in Penang Science Park Malaysia, TS Solartech is dedicated to the research, development, and production of high-quality solar cells, modules, and PV system. The Company strives to become the world's leading solar supplier through continuous innovation, outstanding production processes, high yield rates, and world-class product efficiency.

TS Solartech was established as a subsidiary of Tek Seng Holdings Group, a well established PVC products manufacturer for over 30 years. Since 2010, TS Solartech has become the first Malaysian-owned company that inked contract with a German leading solar equipment maker and equipped with the first automatic solar cell-manufacturing equipment in Malaysia. Under its leadership, TS Solartech is committed to provide a clean and effective solar energy with affordable price for a sustainable world.

From the beginning of its production in June 2012, TS Solartech has been working tirelessly to boost the output and efficiency. Within two months after commencing volume production, TS Solartech had achieved a yield rate 97% with an average conversion efficiency of 17.6%. TS Solartech plans to continue expanding its production capacity in order to achieve greater economies of scale; by 2015, total installed capacity will reach 640 MW.

As an international manufacturer, TS Solartech consistently provides premium quality solar cells, with outstanding delivery, reliability and a competitive price. By upgrading its product efficiency and service quality, TS Solartech constantly supplies state-of-the-art crystalline solar cells to prominent international module manufacturers worldwide.

At TS Solartech, it is essential to focus on establishing long-term supplier relationships with major international makers. In the future, TS Solartech will be forming strategic alliances of upstream polysilicon wafer makers together with downstream module manufacturers and system integration distributors, in order to enhance its competitiveness through vertical integration.

Happy Trading

Asianbuffett

Tea with Waren Buffett

2014-08-23T21:13:00.001+08:00

Waren Buffett Quote - Do You Follow This Rule?

Be fearful when others are greedy. Be greedy when others are fearful.

CHEEWAH 9423 - Ready to Rock & Roar

2014-08-18T00:04:00.000+08:00

CHEEWAH, 9423 - Rock & Roar

Chee Wah Corporation Berhad (CHEEWAH 9423) uptrend now, with the volume increase, currently testing the psychological price of RM0.63, once break this psychological barrier more upside ahead.

Current Price: RM0.62

Happy Trading

Asianbuffett

JASKITA, Robert Tan Next Target?

2014-08-12T02:53:00.000+08:00

JASKITA (8648) is one of the listed companies owned by reclusive tycoon Tan Sri Robert Tan Hua Choon. Robert Tan’s recently big deal by disposal of his controlling stake 36% in GBH (3611) came just three months after he sold off his substantial 19.1% stake in PDZ Holdings Bhd to Pelaburan Mara Bhd in April and his controlling stake in Malaysia Aica Bhd (Maica) to property developer Sunsuria Development Sdn Bhd in October last year . Is he looking at cashing out of his other five listed firms namely, Jasa Kita Bhd, FCW Holdings Bhd, GPA Holdings Bhd, Keladi Maju Bhd and Marco Holdings Bhd? Market highly focuses on Robert Tan’s next target. What is the market prediction of Tan’s next plan? Maybe JASKITA (8648)?

Let’s have a quick look of this counter.

Current Share Price: RM0.19

Performance Review

Total revenue for the financial year 2013 reported of RM62.7 million was 19% higher than that for the previous year while profit before tax increased to RM8.4 million from RM6.3 million for the year earlier. The said profit before tax included an insurance compensation sum of RM1.4 million received by a subsidiary company in respect of a fire mishap which occurred in 2011.

Comapny Profile

Jasa Kita Berhad (JASKITA 8648) is a Malaysia-based investment holding company. Through its subsidiaries, the Company is engaged in the manufacture, assembly and trading of electric motors, power tools, engineering and other industrial equipments, and the provision of management services and logistics-related services. The Company operates in three segments: manufacturing and trading, which include manufacture, assembly and trading of electric motors, power tools, engineering and other industrial equipments; logistics-related services, and investment holding.

Jasa Kita Berhad was listed on Kuala Lumpur Stock Exchange since March 1993. JKB Group was established since 1975 and is primarily engaged in distribution of power tools, electric motors, hand tools, air tools and other industrial supplies. Beside distribution of industrial supplies, the Group also provides bonded/ non-bonded warehouse services. Jasa Kita Warehousing Services Sdn Bhd was the 1st public bonded warehouse in Malaysia which commenced operation in 1981.

Today, the Group is a well-known exclusive distributor of the world renowned premium quality MAKITA and MAKTEC Power Tools in the local market. Besides power tools, the Group is also a preferred supplier for BROOK CROMPTON, TOSHIBA, EXCEL, FEIMA and other well-known brands of electric motors. Other than electric tools, the Group has also mark its stand in the automotive maintenance industry with its SATA hand tools and KUANI air tools.

Happy Trading

Asianbuffett

ALUMINIUM COMPANY OF MALAYSIA BERHAD, (ALCOM 2674)

2014-08-11T02:25:00.000+08:00

Global aluminium price rise since May and hit 2014.58 USD/t at August 7, 2014 due to the global aluminium shortage. Global aluminium producers have done well to curtail output. Coupled with the absence of new smelting capacity outside China (beyond the few being ramped-up now) and moderate demand growth, the market is generally expecting its first supply deficit in a decade from 2014. This favourable development has lifted the sector’s fundamentals and seen the LME’s aluminium cash price breaking the US$2,000 per tonne psychological barrier.

FY14 and FY15 aluminium price estimates to US$2,200 and US$2,400 respectively despite the belief that there is more upside coming.

The global aluminium shortage phenomenon drives the KLSE aluminium stock price. We know that the superstar - PMETAL (8869) has climbed from its low of RM2.31 in April to RM5.95 at the last trading day.

So, today our focus is Aluminium Company of Malaysia Berhad (ALCOM 2674). ALCOM’s share price gap up and its volume increase since last two day. We can see that ALCOM (2674) is trading uptrend now. Will the motivation continuous? Will it another PMETAL?

Let's see its share price movement,

Current share price: RM0.85

NTA: RM1.34

Dividend: RM0.05

A Quick View of the Company Profile

ALCOM (2674) is the leading manufacturer of aluminium rolled products in Malaysia and the surrounding region. With an output capacity of about 30kt per annum, ALCOM has a sizeable market in the ASEAN region, besides the North African and Middle Eastern regions. Almost half of ALCOM's annual production is exported to markets in Thailand, Singapore, Brunei, Philippines, Vietnam, Taiwan, Hong Kong, Japan, South Korea, Middle East, Egypt and Australia.

The Company's range of aluminium rolled products include:-

1) Specialties which comprise of flat and coil sheets, embossed sheets, cladding sheets, roofing sheets, stamps parts for capacitors are used in the transportation, building and electronics industries;

2) Foil stock for packaging industries, and

3) Bare and coated Fins stock for air-conditioned industries.

ALCOM has been listed on the Bursa Malaysia Securities Berhad since 1969.

Alcom Nikkei Specialty Coatings Sdn Bhd (ANSC), a wholly owned subsidiary of ALCOM was incorporated in 1991 as the first plant outside of Japan to produce pre-coated finstock with Japanese technology supported by Nippon Light Metal Co. Ltd. ("NLM") of Japan.

With strong technical and R&D support from Novelis Inc., and NLM, ALCOM is recognized for its high quality, reliability and product innovation delivering solutions in all of its diverse range of product offerings.

ALCOM's reputation is further enhanced as ALCOM's ultimate parent company Aditya Birla Group of Conglomerate based in Mumbai has built a world class business operation.

Happy Trading

Asianbuffett

CAELY – DIVERSIFIED BRINGS BRIGHT FUTURE.

2014-07-30T13:52:00.000+08:00

CAELY – DIVERSIFIED BRINGS BRIGHT FUTURE.

Caely Holdings Bhd (CAELY, 7154), engages in the manufacture and sale of undergarments under original equipment manufacturer (OEM) arrangement to Europe, Canada, the United States, and other Asian countries. The company also manufactures and sells undergarments under its own brand in Malaysia. In addition, it is involved in the multi-level marketing of undergarments, garments, leather goods, sportswear, and household goods; retail of undergarments and garments; and trade of related raw materials.

In year 2011, the company diversified its business and start to engage in the property development and construction activities. This new segment brings profit to the company and changes its destiny.

For the financial year ended 31 March 2012, the Group has achieved total revenue of RM68.7 million, an increase of RM11.6 million or 20% from RM57.1 million as compared to last financial year ended 31 March 2011. In line with the increase in revenue, the Group posted a profit after tax of RM1.2 million as compared to an after tax loss of RM10.3 million for the same period.

For the financial year ended 31 March 2013, the group achieved total revenue of RM91.5 million, an increase of RM22.8 million or 33% from RM68.7 million as compared to last financial year ended 31 March 2012. The increase was mainly due to the construction and OEM segments which contributed additional revenue of RM10.5 and RM12.8 million respectively.

	2011	2012	2013
Revenue (RM) million	57.1	68.7	91.5
Change	-	+20%	+33%
Profit After Tax (RM) million	(10.3)	1.2	1.7

There were few years CAELY did not declare dividend, but this year the BOD recommends a proposed single tier final dividend of 1 sen in respect of the financial year ended 31 March 2014. The entitlement and payment dates would be announced at a later date and subject to the approval of the shareholders at the Company's forthcoming Annual General Meeting.

Let’s have a quick look of CAELY’s share price,

Current share price: RM0.55

NTA: RM0.92

P/E: 6.3

EPS: 8.73*

Dividend: RM0.01 (financial year ended 31 March 2014)

* Calculated based on the net profit of the trailing twelve months and latest number of shares issued.

CAELY’s Property Development and Construction Projects:

1) Mukim Batang Padang, Tapah (27/6/2011)

Development of a parcel of vacant leasehold land measuring approximately 52.79 acres in Mukim Batang Padang, which is located along Tapah Road, Perak. The estimated total GDV is RM145 million, and the estimated profit before interest and tax is RM10.5 million. Estimate complete within 36 months.

The project consists of:

· 181 shop lots

· 304 linked, semi-detached and bungalow

· 2 parcels vacant lots (1 acres each)

2) FELCRA PROJECT (7/9/2012)

Award turnkey project for 300 unit Rumah Sesebuah Fasa 1 serta kerja-kerja berkaitan di Projek Kampung Tersusun Generasi Kedua Felcra Berhad Seberang Perak, Changkat Lada, Mukim Pasir Salak, Perak

The Contract period will be for 2 years. The value of the Contract is for a total contract sum of RM 47,936,716.50

3) GOMBAK PROJECT (22/7/2013)

JV with Kismajaya Sdn Bhd to develop an abandoned project 7.09 acres land for 3 blocks of high rise condo (Block A, B and C). The estimated land area for Block B and C is 2.53 acres and 2.08 acres respectively. CAELY intends to complete the abandoned Block B, which comprise an 8-storey 120 residential condominium units. Estimate complete within 36 months.

Block A had completed by previous developer.
Block B (2.53 acres), estimate GDV RM 49.8 million at cost RM 38.2 million (earn RM 11.6 million)
Block C reserve for future development (2.08 acres).

4) FELCRA PROJECT (4/12/2013)

Award two construction contracts from Koperasi Peserta-Peserta Felcra Malaysia Berhad.

i) To design, construct and complete additional 770 units of houses in connection with Projek Perumahan Kampung Tersusun Generasi Kedua Felcra Berhad Seberang Perak, Changkat Lada, Mukim Pasir Salak, Perak for the contract sum of RM69,041,690.

ii) To construct and complete the infrastructure of the Projek Perumahan Kampong Tersusun Generasi Kedua Felcra Berhad Seberang Perak, Changkat Lada, Mukim Pasir Salak, Perak for the contract sum of RM28,214,561

The Contracts are to be complete within a period of 24 months from the date of the contract, with the sum of RM97.2 million.

CAELY’s property development and construction projects in hand are estimated has a total GDV over RM300 million. In year 2013, the net profit margin is 25% for property development and construction segment.

Diversified into property development and construction segment brings a bright future for CAELY. Its share price (CAELY, 7154) is around RM0.29 a year ago, and now around RM0.52 which is still a discount price compare to its NTA of RM0.92 with a low P/E ratio 6.3

Happy trading

AsianBuffett

EITA RESOURCES BERHAD (EITA, 5208), DREAM BIG, GO BIG.

2014-07-28T23:26:00.000+08:00

EITA – DREAM BIG, GO BIG.

Listed in April 2012, EITA’s share price has more than doubled from its IPO of 76 cent a year ago to its closing of RM1.54 at July 11, giving it a market capitalisation of RM200.2 million.

EITA Resources Berhad (EITA, 5208), From the humble beginning in the late 1996’s, EITA has grown to be a leading supplier to electrical contractors, switchboard fabricators and OEM (Original Equipment Manufacturer) and manufacturer of Elevaotor Systems and Busduct Systems in Malaysia. Today, the Company has expanded its business operations to other Asian countries. EITA have the capabilities to design and manufacture their elevators and busduct systems and also a range of Electrical and Electronic components and equipment under its own brand names.

Over the years, EITA has built up a high level of trust among their customers. The Group principal suppliers and technology partners are from some of the most respected names in the world. Quality products and excellent after-sales service have earned EITA the appreciation of our fast-growing clientele. EITA in-house R & D is a priority within EITA group, where new technology and improved production processes are continually improved and tested to create products of internationally accepted quality. With dedication to customer support, development of innovative solutions and creation of new products and services, EITA is well poised for a greater participation in the nation’s progress for years to come.

Current Share Price: RM1.46

Dividend: RM0.03

EITA AMONG WINNERS OF MRT CORP’S RM67M WORTH OF CONTRACTS

EITA Resources Bhd’s unit EITA Elevator (M) Sdn Bhd has won a RM15.3 million contract from Mass Rapid Transit Corp Sdn Bhd (MRT). The contract for the Klang Valley’s Sungai Buloh- Kajang line involves the supply, procurement, installation, testing and commissioning of the lift system for all MRT underground stations and ancillary buildings (Package LS-U).

EITA DREAMS BIG, MULLS OVER ACQUISITIONS

The big dreams, EITA hopes to report RM1 billion in revenue by 2020. The group MD Fu Wing Hoong says EITA is moving towards that goal by growing contributions from its overseas sales from 20% currently to 50% and revenue from its in-house branded products (manufacturing division) from 50% to 70%. EITA manufacturing division (in-house brand) is grow faster than their marketing division (third-party brands). Fu says the group has to go beyond the shores of Malaysia and be on the lookout for merger and acquisition (M&A) opportunities in order to achieve its RM1billion goal.

FINANCIAL HIGHLIGHT

EITA’s group revenue was RM142.1 million and net profit was RM11.7 million for the nine-month financial period ended Sept 30, 2013 (FY2013). As at FY2013, EITA’s revenue had seen a three-year compound average growth rate (CAGR) of 5%. As at March 31 this year, the group had RM21.1 million net cash. For the six months ended March 31, 2014 (6M14), EITA’s net profit was RM5.5 million on RM97.8 million revenue. EITA’s dividend of RM0.03 paid at April 28, 2014.

Listed in April 2012, EITA’s share price has more than doubled from its IPO of 76 cent a year ago to its closing of RM1.56 at July 22, giving it a market capitalisation of RM202.8 million.

As a whole, one of the EITA’s key substantial shareholders is owned by QL Resources Berhad (QL, 7084)’s Chia family.

EITA has secured some sales in Indonesia for its busduct products and expect to sell Pyrotech there. Growth prospects in Indonesia and Middle East will be the key immediate focus. It has also installed elevator systems in Singapore, Laos, Vietnam, Philippines, Hong Kong and Saudi Arabia.

Currently, the elevator projects under its portfolio include The Shore in Melaka, Gleneagles Hospital in Johor Bahru, Viva City Mall in Kuching, Al Jouf University in Saudi Arabia, and Movenpick White Sand Beach Resort in Thailand. As at March 31, the elevator division had an order book of RM135 million.

Happy Trading

Asianbuffett

2014-07-20T23:34:00.000+08:00

BINA DARULAMAN BERHAD (BDB 6173) is the only public-listed government-linked company in Kedah which has been listed on the Main Board Bursa Malaysia in February 2, 1996. BDB is 55% owned by Perbadanan Kemajuan Negeri Kedah (the State investment board), while the balance is public shareholding. Its core businesses are township and property development, engineering and construction, road building and quarry, and tourism and hospitality.

For the financial year 2013, the Group posted a net profit of RM21.1 million on the back of annual revenue of RM281.0 million. Its net tangible assets per share rose to RM3.64 from RM3.42 in 2012, while shareholders’ funds increased to RM 265.2 million from RM 249.2 million a year ago.

Over the same period, property development contributed 37% to its total revenue, followed by roads and quarry at 36%, construction at 24%, while golf and hotel recorded 2% and investment holding at one percent.

Let's have a quick look at Bina Darulaman (BDB 6173) share price. It hit the 52 week high few days ago at RM2.34; will it continuous to boost up? Will it challenging new high after another high? Will it another rising star?

Current share price: RM2.32

NTA: RM3.71

P/E: 8.73

EPS: 26.57*

Dividend: RM0.07

* Calculated based on the net profit of the trailing twelve months and latest number of shares issued.

Based on the chart above, we can see that Bina Darulaman (BDB 6173) currently trade at a discount price of RM2.32 compare to its NTA of RM3.71, BDB declare a dividend per share of 7sen as compensation to its shareholders every year.

So, now we are going to discuss the company recent activities.

1) ACQUIRES 485HA IN KEDAH

Bina Darulaman announce that the Company had, on 13 July 2014, entered into a HOA with PKNK, in which BDB and PKNK have agreed to negotiate and reach an agreement with regard to the acquisition of several parcels of lands owned by PKNK measuring approximately 1200 acres (485 hectares) in aggregate, and in consequence thereto, to finalise the sale and purchase agreement of the lands. The total purchase consideration for the proposed acquisition is estimated to be approximately at RM204 million.

The proposed land acquisition comprises three (3) parcels of leasehold land in Langkawi; a parcel of freehold land in Kubang Pasu; five (5) parcels of freehold land in Kuala Muda; two (2) parcels of freehold lands in Pokok Sena; and ten (10) parcels of freehold land in Kulim.

Based on the acquisition, Bina Darulaman (BDB) is strengthening its property activities in Kedah and set to increase its total landbank in the state to about 2700 acres (1,092ha). Property development, which has been a major contributor to the Group’s revenue and earnings in the past, is expected to remain bullish with the latest proposed land acquisition.

BDB group MD Datuk Izham Yusof said the acquisition was in line with its plans to increase its landbank in Kedah as property development was a major contributor to group revenue and earnings. Izham said the focus would be on residential projects.

2) PROPOSED PAVEMENT WORK FOR THE ROAD PROJECT (Pekan Sg. Petani – Pekan Tawar)

Its wholly owned subsidiary; BINA & KUARI (K) SDN BHD (BinaKuari) had received a Letter of Acceptance dated 22nd May 2014 from IBRA HS SDN BHD (IBRA) for the purpose of pavement work for federal road works (Laluan 67) from Pekan Sg. Petani, District of Kuala Muda to Pekan Tawar, District of Baling, 14.1 (Package 1) –from Persimpangan Lencongan Timur ke Persimpangan Laluan (K620), Kedah subject to the terms and conditions as stipulated in the Letter of Acceptance.The LA was duly accepted by BinaKuari on 7th July 2014 and endorsed by Board of Directors on the same day.

Information of the project:

i) The Sub-Contract amount is RM9,450,000.00.

ii) The Project shall be for 12 months from the date of site possession to 28th May 2015.

Financial effect:

The Project is expected to contribute positively to the Group earnings for the financial years ending 2014 and 2015.

3) EYES NEW OPPORTUNITIES WITH KL OFFICE OPENING

BDB eyeing new opportunities to ensure its sustainable growth and future expansion with the opening of an office in the capital city.Its Group Managing Director, Datuk Izham Yusoff, said the opening of the new KL office was to heighten awareness of the Group’s existence, capabilities and exploring untapped business opportunities at the national level.He said this at the official opening of the new 6,000 sq. ft BDB Kuala Lumpur office located at Wisma Glomac in Damansara Utama, which was officiated by Chief Minister of Kedah, Datuk Seri Mukhriz Tun Mahathir.

Izham added that with BDB’s expansion outside Kedah, it would enable the Group to be exposed to a larger pool of opportunities in which it has a strong and established track record in township and property development, engineering and construction, road works and quarrying, as well as tourism and hospitality. With the establishment of the Group’s office in Kuala Lumpur, Izham expressed optimism of positive growth as plans are in the pipeline to jointly explore and undertake several projects where the Group has a wealth of experience, expertise and resources. More importantly, like all businesses, we have to be constantly on the lookout for new opportunities by leveraging on our strengths and to explore prospects for sustainable growth as well as the creation and enhancement of shareholders’ values,” he explained.

4) SALE OF PROPERTIES.

More of more, BDB recent proposed activities will improve the earnings of the Company for the financial year ending 31 December 2014 and financial year 2015;

i) Sale of a piece of leasehold land in Bandar Alor Setar for RM3.8 million.

ii) “en bloc ” sale of 323 units double storey terrace houses situated at Taman Insaniah to PRIMA. The proposed “en bloc” sale is expected to contribute positively to the Group earnings for the financial years ending 2014 and 2015.

If you looking for the under value stock to invest, you may look at this rising star Bina Darulaman (BDB 6173) since its price still very cheap compare to its NTA of RM3.71 with P/E ratio 8.73

Target Price: RM2.60

Happy trading

AsianBuffett