David, imo - risky to fight quarter report now. a bit of history - the company sold it's plastics business back in 2015 to skp and reverse take over of Rohas at 63 cents. acquisition of hgpt also marks it's entry to telco and power transmission but lots of issues. it is attractive when it was selling below 0.63 cents and now that the price has rebounded a bit. much has changed since then including the problematic transition to erp which is completed now and bentong fab & galv plant reorganizing.

apart from telco and power transmission, the company is expanding its presence in water concession in vietnam and hydro power plant in Indonesia. both serves well as recurring income. as for 5g, there is much work to be done apart from the risk it poses for human health. the fact that it uses short wavelength, it requires more base station/cell towers. however, there is resistance to 5G in certain parts of the world as the technology is deemed to have health dangers. many diff school of thoughts

yf fou, yes it is. it's a long term position for me and looking forward to it's growth in fy20 and beyond. news on projects secured or completions will be nice but I am still hoping for higher profitability to complement it's revenue growth. holding it and waiting patiently :)

you are welcome, Yf. imo - if your avg is 63 cents and below, I think it's a safe position that you can hold and potentially ride it's growth. just need to monitor it's qr results quarterly. when the profitability starts growing, we should see it's share price recovery to where it should be. just my opinions, could be wrong. Hope it helps.

best is to follow your own plan, Alvin. After all, every individual has different objectives in investment and tolerance to price fluctuations. following your own plans helps in learning. personally, qr results is for us to evaluate on whether it is still meeting the initial objectives especially those that invested based on it's business moat and balance sheets. just my opinions, could be wrong. Hope it helps with your research.

Eric, I hope so. Phase 1 Sarawak telco towers is scheduled to be delivered by Nov’19 as I read it. That 130 towers itself upon completion and deliveries will contribute about ~$3M PAT. FY20 will be the one to watch with recurring income from its water/hydro business, completion of Laos (2nd project) and potential projects in bidding phase 2 sarawak telco towers and Penang bridge transmission lines project (JV with Muhibbah).

Possible. If we go by fair value per share which takes into considerations it’s financials, growth, total shares and discount rates, Rohas deserves a higher valuations. At least half of kpower current share price. Hope! One step at a time - upcoming final FY19 QR and followed by FY20 earnings.

Yes, Yf. Unwillingly. Scomi could not pay the loans and they have to either sell the shares pledged for the loans offered to Scomi at a loss (50% loss) or take up the shares. As I read it, the boss will take up legal actions.

Bring me along if you guys are flying :) fly together, lol. Back to Rohas, I would hold the tickets collected at 50 cents and follow its development over the next few quarters. Happy Valentines Day and do spend your time with your loved ones :)

You are welcome, Wang. Singapore gov has announced the biggest deficit budget in a decade to fight off recessions with focus on health care ( fighting off covid19, helping businesses with the impact and preventing similar incidents in future), national development (IT infra) and transport/logistics. Bold move. :)

Yup, that’s right. IT infra - the long awaited Msia nfcp for telco towers 3G and 4G is still pending announcement on who is successful bidders for its main con. Hopefully the main con will engage Rohas expertise to help manufacturing the towers leveraging its Bentong fab/galv plant completed with ERP and reorganising. Pray hard :)

Yes, really nice. EPCC segment for telco and power transmissions for HPGT (Bangladesh and Msia) has always contributed approx 89% of the total revenue from this segment. HPGT order book split was about 70% domestic and 30% international. These two new projects are from Bangladesh. It’s really good:)

It’s normal and waiting for tickets to exchange hands :) the news came out after market close. After all, QR coming and few projects in bidding still :) the biggest boost will be the penang bridge transmission lines project which is valued approx 1b. No announcement on who won the project yet. Let’s hope that Muhibbah-Rohas proposed JV will get it as they are bidding with other foreign companies.

Follow your own plan, Chan. Different people will have different TP due to different investment objectives and rates of return. Even IBs have different TPs. Personally, I hope Rohas will be at where it should be based on its valuations/fair value. Increasing book order + recurring income from its water/hydro business. Managed your positions well and it’s a long way to go.