Does anybody know why Orion revenue and profit went up since Nov'2017 announcement.

The sad thing is that share prie never go up !!!!

Another feeling good on Orion IXL.Takeover company not include in the profit.Gurantee 7.5 million per year for 2 years.Deposit is in the bank of 15 million.Somemore diversification into other ASEAN company for niche market.Can it worth just 50 million.Buy on some that undervalued.First resistance 0.14-0.16 to as high as passing 0.20-0.25 if it realize can made consecutive quarter of average (1.70-1.85 million) profit this year.Lawsuit should not be much if there any.

It's a breakout on 9 cent.Substain there for 5 days(without below 9 cent).My first resistance of 14-16 cent look achievable.All indicator hook up( daily and weekly).

Its reach(means approximately time to sell).

the FBO /52 weeks high is at 16 cent

E

KUALA LUMPUR: Malaysian equities, the world’s worst major market this year, might be close to a turnaround on the back of the government’s increasing support, according to Macquarie Group Ltd.

Reforms at state-linked companies, more political clarity and stimulus could see the benchmark FTSE Bursa Malaysia KLCI Index surge to 1,800 in the base scenario, or even reach 1,900 in the bullish case, Macquarie analysts wrote in the April 26 note. That implies a 10 to 16 percent return from Friday’s close.

Malaysian stocks have bucked the global rally this year, losing more than 3 percent in 2019 while the MSCI Asia Pacific Index gained 11 percent. An economic growth slowdown and uncertainty over the new administration’s policies led to US$4.4 billion of equity outflows in the past 12 months.

Prime Minister Tun Dr Mahathir Mohamad has shown signs of moving away from his earlier budget-cutting stance to revive large state projects and seek foreign investments. Malaysia struck a deal with China to resume the East Coast Rail Link at a lower cost and revived the US$34 billion property and transport hub Bandar Malaysia.

“Fiscal stimulus, per resurrection of ECRL and Bandar Malaysia projects, is returning, oil prices are exceeding target and liquidity is ample,” the bank said in the report. “Government policy-centric catalytic news flow alone could allow the KLCI to recover to 12-month highs of 1,850.”

Macquarie expects similar developments to happen with MRT 3 and the Singapore-Kuala Lumpur high-speed rail project, as well as in the telecom sector and within the Petroliam Nasional Bhd. group of companies.

The KLCI is showing some signs of a revival. It climbed 1 percent last week, halting five straight weeks of declines, the longest stretch of losses since 2015.

The main risk remains Malaysia’s potential exclusion from FTSE Russell’s World Government Bond Index, which could lead to US$23 billion of government bond outflows as other index providers follow suit and worsen foreign selling in the country’s equities, the bank said.

The investment bank prefers “yield-resilient” plays, corporate banks, government-linked companies:

Theme Macquarie’s top picks “Deep-value” Tenaga Nasional Bhd, Telekom Malaysia Bhd, Axiata Group Bhd Petronas units Petronas Chemicals Group Bhd, MISC Bhd Corporate banks Malayan Banking Bhd, CIMB Group Holdings Bhd, AMMB Holdings Bhd, RHB Bank Bhd Construction Gabungan AQRS Bhd, Malaysian Resources Corp, HSS Engineers Bhd Ringgit weakness ViTrox Corp, Top Glove Corp.

 - Bloomberg

It has been fighting at 18, 19 & 20’sen. Yesterday was the worst at 16.5 Only the one who has believe will stay

Today further drop at 15

Sources said details of the cooperation involved in the Orion  services would be available next month & Prospects MyAzZahra, which was launched in January this year, did not force civil servants to use it, as it took time for Orion to link the co-operative's information and for civil servants to adapt to the system.

Based on the MyAzZahra loan for a shorter period of time, it is believed that there are civil servants to use. Analysts assume that 200,000 civil servants will receive MyAzZahra loans by 2020, with an average of 5,000 ringgit per loan, bringing the total to R$1bn. After 2021, civil servants will be more familiar with the system, with a forecast of 600,000 borrowers, with an average of 5000 ringgit per loan, at that time amounting to Ringgit. Orion cash flow is not very rich, to develop new projects, analysts believe that Orion needs to be through the placement of new shares to raise funds. In addition, Orion has no record of involvement in the development of financial technology, and any setback  would hurt the company.

If the development of new projects, new shares will need to be placed. Orion recently placed 30 per cent of the new shares, which will lead to a weak share price in the near term. Over the past few years, Orion has been losing money and unable to pay dividends, needs funds to grow its business in the future, and analysts do not expect them to pay dividends. Valuation The joint research began to study this stock, recommended "plus code", the target price of 33 cents, a full dilution of the ratio of 24 times.

 

Wht Serene write is wrong.As more customer come in it need more capital to expand.Dear it will cover by profit flowing in as it's less capital for fintech compare to factory production.Dear the set of IT already there(fully).Above 30 cent (TP 35-40 cent)I agree with it.As time past by the trust is there more will use it.It not just rm 5000 per loan(minimum).Dun remember I start recommend Orion first for upturn on 30 August 2018 when everybody were selling.As times past by(1-2 years) its should be higher in price for Orion(value of shares).