IEV HOLDINGS - POTENTIAL MULTI BAGGER

IEV Holdings Limited, its subsidiaries and associates (“IEV” or the “Group”) currently operate in four sectors namely, Offshore Engineering Sector, Mobile Natural Gas Sector, Exploration and Production Sector and Renewable Energy Sector.

The biomass plant in Vietnam and oil production in Indonesia poised to take off

Once a $1 stock !!! Very cheap and undervalued to buy now

People are noticing this gem and scooping up now .

A steep fall from $1 and now super cheap to accumulate

The Group’s gross profit for 2Q2015 increased by 188.2% to RM9.8 million from RM3.4 million in 2Q2014 whilst the
Group’s gross profit for HY2015  increased by 13.8% to RM13.2 million in HY2015 from RM11.6 million in HY2014.  The
increase in gross profit were primarily attributable to IES which contributed gross profit of RM7.4 million for 2Q2015
and RM8.8 million for HY2015.  This was due to the high gross profit margin of the Group’s proprietary products.
The Group’s gross profit margin for 2Q2015 increased to 30.7%  from 6.4% in 2Q2014 whilst the Group’s gross profit
margin in HY2015 increased to 24.2%  from 9.7% in HY2014.  These were mainly due to (i) an improvement in IES’ gross
profit margin in 2Q2015 at 49.8% (from 32.9% in 2Q2014) and 46.9% in HY2015 (from 36.0% in HY2014); (ii) a decrease
in turnkey project business activities in 2Q2015 and HY2015, which typically has lower gross profit margins as compared
to IES; and (iii) partially offset by a decline in the gross profit margin of MNGS, as a result of increased competition in
the CNG market in West Java.      
Other Operating Income
Other operating income for 2Q201

Plus bonus of an interim dividend has been declared

Bullseye: Do you think IEV is actually going to get this project in India which it referred to in an announcement to clarify an Indian newspaper report? It seems like a premature article but could it be based on insider information of an impending contract signing?

@... , wherein it was stated that “the project will be set up by Singapore-based IEV Holdings Ltd, with an investment of $500 million in Thoothukudi and it will spread over in 500 acres of land, said Hari Narayanan, chairman of IEV Holdings”.


infopub.sgx.com/FileOpen/Announcement%20...cement&FileID=369404

STOCK POISED FOR REBOUND AFTER MUCH PROFIT TAKING