Post Reply
241-260 of 2812
0.052 go go go for mouth up. sellers disappearing
0.051 mouthed up with support volume. go go go
BBs collecting patiently from contra chasers. hmmmmmmm when can 0.07
Up so little with listing news? what happen? the BBs sleeping ah
Come on Koh , don lag too much
New yr new start. time to fo back to 0.07
Used to support them, when the last run for 200m won project from 7 series drop till 4 series already give up.
weishent ( Date: 04-Jan-2022 16:48) Posted:
|
yes yes, how Hyflux gone case? history is a warning.
weishent ( Date: 04-Jan-2022 16:48) Posted:
|
PUB order book. lots of new green project coming. go go go with listing to free up cash
Keep asking for money....
Come on Koh Eco. Time to fly with Oil listing
not too bad 5pips gain on last day to contra. no gain is too small. hahaha
spursfan ( Date: 31-Dec-2021 16:31) Posted:
|
Koh Brothers unit, Oiltek, lodges prospectus for Catalist IPO
OILTEK International, a subsidiary of Koh Brothers Eco Engineering $ Koh Eco: 5HV +2.04% , has on Friday (Dec 31) lodged its preliminary offer document for an initial public offering (IPO) on the Catalist-board of the Singapore Exchange (SGX).
Koh Brothers Group and Penta-Ocean Construction are the controlling shareholders of Koh Brothers Eco Engineering with stakes of 54.3 per cent and 28.8, respectively.
Oiltek International, a solutions provider in the oils and fats industry, has key businesses split into its edible and non-edible oil refinery segment, the renewable energy segment and the product sales and trading segment. It also has 570 plants in more than 30 countries across 5 continents.
The company wants to raise funds to push further into new and existing geographical markets. While it foresees that Malaysia and Indonesia will remain its key markets, it would like to explore palm oil markets in South Asia, Africa and Latin America.
It will also increase its focus on the renewable energy sector. One way it plans to do so is by supporting sustainable palm oil cultivation with producers who are compliant with standards set by the Roundtable on Sustainable Palm Oil (RSPO).
The company will also look to further advance its process technology and renewable energy capabilities through research development, joint ventures and strategic alliances.
Oiltek International said it will seek to generate recurring income by expanding its business through investments, mergers and acquisitions, joint ventures and strategic alliances in synergistic capabilities, skills, technology and operational processes. It does not currently have any agreements relating to such corporate moves.
For the half-year ended Jun 30, 2021, the company saw its revenue rise by 13.2 per cent to RM47.2 million (S$15.3 million) from RM41.7 million a year earlier. Net profit, however fell 11.2 per cent to RM4.4 million, from RM4.9 million a year ago.
Oiltek International attributed this to increased cost of sales, which rose by 15.2 per cent to RM37.2 million in the same period -- in line with the increase in revenue.
The company' s total equity stood at RM33.5 million as at Jun 30, 2021.
Subject to different factors, the directors have also said that they intend to recommend and distribute dividends not less than 40 per cent of the company' s net profits in FY2022 and FY2023.
Koh Brothers Eco Engineering had earlier said in January 2020 that it was exploring the spinning-off of Oiltek International.
Let see if this news is good enough to add a few pips coming Monday. I bought some on Tuesday when I noticed a sudden spike in buying when it was hardly traded previously. Fingers crossed.
spursfan ( Date: 31-Dec-2021 15:32) Posted:
|
PROPOSED SPIN-OFF AND LISTING OF THE COMPANY?S BIO-REFINERY AND
RENEWABLE ENERGY BUSINESS- LODGMENT OF THE PRELIMINARY OFFER
DOCUMENT...
https://links.sgx.com/1.0.0/corporate-announcements/ZIF7CY2S0BW9D7JL/696327_KBE-Proposed_Spin-off.pdf
Maybe chiong higher this time? Cyrpto, oil stock all lagi jialat. Only semi-con and infrastructure stock looks safe at the moment.
Stocksguru ( Date: 08-Dec-2021 13:23) Posted:
|
Look like some tech rebound likely to 54 and drop back again to 48
Wait for 47, this is the resistance point
longterminvestor ( Date: 22-Nov-2021 09:37) Posted:
|
Supported 52?
That's why penny shares are petite. Just a few 100k one can manipulate it...🥴