DATAPRP (8338) - DATAPREP HOLDINGS BHD: What happen to IWCITY will also happen to this company
The global equity market had welcomed the decision of the US Federal Reserve in raising it's interest rate, sending out a confirmation to the global market that the US economy had improved and forecast to continue it's strength as more jobs are added and lesser unemployment.
Of course, if you had been standing at the bearish side of this hike, I would reckon that you would had missed out a lot of great opportunities, especially in the equity market.
As for me, I am a dedicated market analyst, and also looking to bring to you exciting pieces of news, back with my own findings, research, analysis and forward making predictions. And this is the reason why you are still reading my KLSE stock market journal, because you would not be able to find it anywhere else, for FREE.
Just few days ago, I had mentioned on this very potential company - Notion Vtec. Although it's share price had already flew way up, but due to it's future prospect, I still decided to highlight to you in order for you to make your own decision, which is to Buy In or Stand Out. Of course, if you had followed me on Notion and decided to Buy In, now you are richer by 100% if you had traded into Notion-wb at the price of RM 0.14, because the latest closing price is RM 0.285.
As you can see, this kind of opportunity doesn't come every time, and you have to make the crucial decision. There is no right or wrong in any of the decision made, but only different consequences in the end.
If you are thumping your own heart now for missing out on Notion, I am now giving you another chance to make back your glory in this company. Although this company is not dealing in the same industry as of what Notion is doing now, however, it's forward looking prospect is just as great as Notion, if not, could be even greater than that.
As for now, basically, the talks of the KLSE market as of lately is all about Tan Sri Lim Kang Hoo's company, primarily Ekovest, and subsequently IWCITY. I have to agree that both these 2 companies are making a ruckus in the market with up soaring share prices that defy gravity. In fact, the latest corporate move by Tan Sri Lim Kang Hoo to merge Iskandar Waterfront Holdings (IWH) into Iskandar Waterfront City Berhad (IWC) by offering a take over offer of RM 1.50 for each share in IWC had spook the share price of IWC into almost reaching RM 3.00.
Actually, this is a much anticipated move, because of the large scale of development that IWH is having, the easiest way is to leverage with the public through fund raising, which will ultimately put the asset into public listing. The most prized asset injected from IWH into IWC will be the Bandar Malaysia land and Danga Bay in Johor.
Because of this ultimate event, I have the urge to tell you that what you had seen in IWCITY will most probably repeat itself in this company called - Dataprep Holdings Berhad.
As you can see in this graphical comparison, both Tan Sri Lim Kang Hoo and Dato Lim Chee Wah had privately held asset which are not listed. If Tan Sri Lim Kang Hoo got Danga Bay and Bandar Malaysia, then Dato Lim Chee Wah have Genting Secret Garden Resort which is the ultimate hosting place for Winter Olympic in 2022 that is going to be held in China. The Genting Secret Garden Resort is a USD 6 billion project, in MYR sense is RM 27 billion!!! And not forgetting, Dataprep too have contract with VXL as Project Delivery Partner for Genting Secret Garden.
Not only that, the VXL group is also having on-going program in developing integrated casino resort in Cambodia and Vietnam.
With such a huge project in pipeline, the one and only public listed company that Dato Lim Chee Wah is controlling now is none other than Dataprep Holdings Berhad (Dataprep - 8338)
Now, if you had been following me on Dataprep, you would had know that I had mentioned on the prospect of Dataprep since January 2017. In this post that I had made, you will see how VXL increase it's stake in Dataprep from 53% to the current 64.2%.
Prior to my introduction of Dataprep, they are a lot of critics locking their guns and shooting at me for promoting such a company, and they are looking for Dataprep to fall back below the 20 cents region.
Now you have saw how the did the puzzle of IWH and IWC unravel. As you can see, all this big negotiation that Tan Sri Lim Kang Hoo did is parked under his privately held asset - Iskandar Waterfront Holdings. Why? The simple reason is because they do not want you to speculate on the share price and affect their collection of shares (Accumulation). This scenario is totally the same with Dato Lim Chee Wah's VXL. VXL is being privatized and engaged in large project in China, such as the Genting Secret Garden and the upcoming Integrated Casino Resort in Vietnam and Cambodia.
So now, I am here to tell you that if you had missed out on IWCity, you would better not choose to miss Dataprep again infront of your eyes. On the event when Dato Lim Chee Wah had decided to do corporate exercise which involved merger and acquisition between it's own companies, that could be a little too late, or too expensive for you. I really had no idea what will the price be. Maybe RM 1.00 or maybe RM 2.00, because the asset are big names such as Genting Secret Garden or Cambodia Vietnam Integrated Casino Resort City.
Now at the price of RM 0.27, which is still below 30 cents, I had presented to you once again - Dataprep.
You would had miss it when it is 15 cents, or 20 cents, or 25 cents. Before it goes beyond 30 cents, now you have the key to choose, because when it is 40, 50, 60 cents and all the way up, you will be sighing and regretful if you do not own any Dataprep shares.
Alright, no joke here. Dataprep is your once in a lifetime chance. You had saw how IWCITY unveiled it's plan, and I have to tell you that it will be Dataprep soon. At the end of the day, when Dataprep is RM 1.00, you will be either toasting your champagne, or drinking a cup of plain water.
What you decide to do today will determine, a champagne of success or a cup of regretful water.
DATAPRP (8338) - DATAPREP HOLDINGS BHD: What happen to IWCITY will also happen to this company
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