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Sensecents.blogspot.com news digest

  • 8 years

    Salcon seeks to bag 30% to 40% of RM2b tender book (Edge)

    Water infrastructure specialist Salcon Bhd (fundamental: 1.65; valuation: 1.2) is confident of securing between 30% and 40% of its RM2 billion tender book by end-2015, despite the gloomy economic outlook.
    Executive director Datuk Eddy Leong Kok Wah (pic) said the company’s average success rate on its tender book was at around 20%, but it could hit the targeted figure this year....

  • 8 years

    Salcon - A diamond in the rough (CIMB)

    Salcon is an under-researched and in our view still-undervalued small/mid-cap water and sewerage contractor. It exhibits the qualities of its bigger peers in their early years of M&A and is positioned strongly in two major sectors that drive the...

  • 8 years

    K-One’s market value halved, warrants down 54% (Star)

    K-One Technology Bhd, an ACE Market-listed company that stands out for the large number of institutional funds listed as its shareholders, has shaved off more than half of its market value over the last five trading days. The stock has suffered a 50...

  • 8 years

    AZRB net profit falls 24% y-o-y to RM3.42 mil (Edge)

    Ahmad Zaki Resources Bhd (AZRB) saw its net profit fall 24% to RM3.42 million or 0.7 sen per share for the first quarter ended March 31, 2015 (1QFY15), from RM4.48 million or 1.62 sen per share in the corresponding quarter last year (1QFY14).
    Revenue for the quarter was marginally lower at RM153.06 million, down 0.5% to RM153.79 million in the previous year....

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