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Showing posts with the label Bursa What Happened

[Limit Down Analysis] SEALINK 21 Jan 2026

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The sudden drop in Sealink's share price, as seen in the recent large red candle on the technical chart, occurs despite the company's significantly improved financial health and strong fundamental turnaround. Solid Fundamentals and Financial Turnaround Sealink has successfully transitioned into a leaner and more profitable entity: • Return to Profitability: After several years of losses (Y16–Y23), the company recorded a profit of RM 18.8 million in Y24, driven by a revenue increase to RM 125.3 million. • Strong Cash Generation: The company’s Operating Cash Flow reached a multi-year high of RM 61.5 million in Y24, providing it with substantial liquidity. • Net Cash Position: Perhaps the most impressive fundamental is the balance sheet repair. Total debt has been aggressively reduced from RM 523.3 million in Y12 to just RM 114.2 million in Y24.  Consequently, the company has moved from a heavily leveraged state to a net cash position of RM 36.6 million (meaning it has more cash t...

[Limit Down Analysis] SMRT 19 Jan 2026

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SMRT Limit Down 19 Jan 2026 Potential Risks - Fundamental View Customer Concentration: The company heavily relies on a single customer, TNB, which accounted for approximately 72% of its FY24 revenue. Higher Taxes: The expiry of its "pioneer tax status" in November 2025 will cause its tax rate to jump from less than 1% to 24%. Earnings Decline: Due to the higher tax rate, core net profits are expected to drop between 4% and 11% annually in FY26–27. Project Delays: Rollouts in Indonesia have faced delays due to elections and leadership changes at state-owned enterprises. Payment Delays: The company experienced a spike in "receivable days" (payment wait times) due to a major customer upgrading its internal systems. Think Twice How is SMRT managing to maintain a 40% margin when TNB is their only major client? Usually, having a single customer means lower margins because you have no leverage. This reminds me of the recent PTRANS crash—it makes me wonder if SMRT is also a...

Bursa Announcement 6Jan26 (Just the Important Stuff — Easier to Read!)

Bursa Announcement AAX Posted on 06-Jan-26 12:00 AM Title: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS Remark: AIRASIA X BERHAD ("AAX" OR THE "COMPANY") (I) PROPOSED ISSUANCE OF FREE WARRANTS; (II) PROPOSED PRIVATE PLACEMENT; (III) PROPOSED AAAGL ACQUISITION; (IV) PROPOSED AAB ACQUISITION; AND (V) PROPOSED SHARE CAPITAL REDUCTION (COLLECTIVELY REFERRED TO AS THE "PROPOSALS") (VI) PROPOSED GRANTING OF SUBSCRIPTION OPTIONS View Document #AAX ADVCON Posted on 06-Jan-26 12:00 AM Title: MATERIAL LITIGATION Remark: ADVANCECON HOLDINGS BERHAD ("ADVANCECON" OR "THE COMPANY") SHAH ALAM HIGH COURT CIVIL SUIT NO. BA-23NCVC-24-04/2021 ZETI ISMRIZAN BINTI ISA & 5 ORS ("PLAINTIFFS") VS. SPRING ENERGY SDN BHD ("DEFENDANT") View Document #ADVCON AHEALTH Posted on 06-Jan-26 12:00 AM Title: AHEALTH - Suspension of Trading View Document #AHEALTH AHEALTH ...

Breaking News MMAG Gap Down 3-Nov-25

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MMAG share price gap down and here are some potential possibility 1) No Real Profit despite good looking Earning in recent years For the paper earning, most of it are from receivable reverse impairment , insurance claim , Incentive claim and forex gain. None of them are actual profit from core business 2) NexG holding 7.58% stake in MMAG What NexG holding did in past few years? They acquire share from other listing companies which is famous in pump and dump like Revenue (0020) , Classita (7154) Besides that, look at the major share holders Chan Swee Ying HongSeng, Velocity, INGENIEU.... go have a look at those stocks' performances in recent years 3) Not the first time Gap down Gap down happen before on Mar25 (股价异常暴跌逾22% MMAG卖空喊停) Gap down happen before on Sep2020 Quick Summary 1) No Real Profit despite good looking Earning in recent years 2) NexG holding 7.58% stake in MMAG 3) Gap down happen before on Mar25 (股价异常暴跌逾22% MMAG卖空喊停) How the share price goes up, it will come...

Breaking News PTRANS Gap Down 22Oct25

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  Breaking News 22Oct25 1. Perak Transit ( PTRANS ) shares hit three-year low, short selling suspended Financial Check: Net Debt is increasing over the years despite earning Receivable is healthy Cash Flows are healthy Gearing is moving uptrend Technical Analysis If you want to catch the failing knife, Think Twice.  Quick Summary -Financial Fundamental are Healthy, less likely will have fraud or fake account -MACC Raid is possible since the nature of PTRANS business is government related -Share Price manipulate is high possible since there is no major stake control by key management and from what Technical Analysis trying to tell us 5:00PM  Update CLARIFICATION ON THE COMPANY'S SHARE PRICE MOVEMENT The Board of Directors of PTRANS (“the Board”) wishes to address the recent drastic drop in the Company’s share price. The Board is not aware of any possible explanation to account for the trading activity.   The Board wishes to confirm that the Company’s busine...

Breaking News

  Breaking News 1.  Sedania 's auditor issues qualified opinion on FY2025 financial statement. 2. MACC freezes  Rohas  Tecnic, subsidiaries' bank accounts in probe linked to 2015 deal.