Author Topic: KLSE starting to collapse  (Read 569324 times)

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Re: KLSE starting to collapse
« Reply #11800 on: January 14, 2019, 11:28:16 AM »
KUALA LUMPUR (Jan 14): The FBM KLCI fell 0.39% at mid-morning today on some profit-taking activities, against the backdrop of mixed regional markets.

At 10.10am, the FBM KLCI fell 6.7 points to 1,676.52.

Losers led gainers by 287 to 221, while 269 counters traded unchanged. Volume was 747.99 million shares valued at RM271.61 million.

The losers included Time Dotcom Bhd, Petronas Chemicals Group Bhd, Malaysian Pacific Industries Bhd, Hong Leong Financial Group Bhd, Public Bank Bhd and Choo Bee Metal Industries Bhd.

The actives included Perisai Petroleum Teknologi Bhd, Sapura Energy Bhd, Hubline Bhd, Bumi Armada Bhd, Tatt Giap Group Bhd, Sino Hua-An International Bhd, KNM Group Bhd and Protasco Bhd.

The gainers included Nestle (M) Bhd, British American Tobacco (M) Bhd, Hong Leong Industries Bhd, Allianz Malaysia Bhd, Aeon Credit Service (M) Bhd and Perusahaan Sadur Timah Malaysia (Perstima) Bhd.

Asian stocks were mixed on Monday, following the best week for regional stocks since the start of November, as investors awaited a raft of earnings and the January rally in risk assets showed signs of abating. The yuan edged lower after recent gains, according to Bloomberg.

Shares in Australia advanced, while South Korean stocks dipped and futures indicated a small decline when equity trading begins in Hong Kong. US equity futures slipped after the S&P 500 on Friday closed flat and the yield on 10-year Treasuries declined. Japan is closed for a holiday, so Treasuries won't trade until the London open, the newswire said.

Hong Leong IB Research said the current rebound in stock markets could be due for volatility ahead of the upcoming reporting season this week.

The research house said market participants could be eyeing the federal government partial shutdown (dragged on into the 23rd day), stoking fears the shutdown could drag on for a long time as consensus estimates that every two weeks of a shutdown trims 0.1 percentage points from growth.

"Retracement supports are anchored around 23,500-23,800 while resistances fall on 24,000-24,300 zones.

"While we expect positive sentiment driven by progress in US-China trade talks, a dovish Fed (US Federal Reserve), stronger ringgit, and steadier oil prices and FCPO (crude palm oil futures) would continue to drive KLCI higher to retest 1,700 this week, profit-taking activities are likely to emerge, especially on the lower liners and penny stocks.

"Nevertheless, traders may continue to look out for rotational trading plays within the oil and gas, construction, property, automotive, industrial and airlines sectors amid strengthening ringgit and steady oil prices. Stiff resistances are 1,700-1,710 while supports fall on 1,660-1,666," it said.
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Re: KLSE starting to collapse
« Reply #11801 on: January 14, 2019, 11:28:51 AM »
;) :phew: :phew:

Dogkim go play jackpot Perisai  :D
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Re: KLSE starting to collapse
« Reply #11802 on: January 14, 2019, 11:30:15 AM »
Dogkim go play jackpot Perisai  :D

(吉隆坡14日讯)将于1月22日暂停交易的Perisai Petroleum Teknologi Bhd,今早重挫83.33%。

截至早上10点01分,该股大跌2.5仙,至0.5仙,成交量高达1亿247万8000股。

Perisai Petroleum的重组计划遭大马交易所拒绝,因此,将于1月22日起暂停交易。

除非该公司在2月10日之前向马交所提出上诉,否则将必须在2月13日从马交所主板除牌。

一旦除牌,该公司将继续存在,并可能以非上市公司继续营运。

该公司因无法支付1亿2500万新元多元货币中期票据的母金与利息,而于2016年10月2日被列为PN17公司。
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Re: KLSE starting to collapse
« Reply #11803 on: January 14, 2019, 11:32:46 AM »
240 vs 379
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Re: KLSE starting to collapse
« Reply #11804 on: January 14, 2019, 01:32:10 PM »

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Re: KLSE starting to collapse
« Reply #11805 on: January 14, 2019, 02:59:03 PM »

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Re: KLSE starting to collapse
« Reply #11806 on: January 14, 2019, 03:01:18 PM »
大马的电讯业今年会很热闹,因为能源大哥国家能源(TENAGA,5347,主板公用事业组)和最大收费电视ASTRO公司(ASTRO,6399,主板电讯媒体组)宣布插足宽频业务,为大马消费者提供更多选择。

作为消费者,对更多业者投入电讯业竞争乐观其成,除了希望竞争下有更多的服务,也希望收费可以更平易近人。

竞争对电讯公司而言当然不是好事,价格战更伤身,但作为消费者,当然希望有更好和更实惠的服务。

大马的固定宽频服务在去年政府强逼“价格下调,网速加快”下,世界排名显著进步,跳升10位至第26名,不过整体表现还有很大进步空间,而收费虽说下调,但还不是所有人都能负担,且降价加速后的服务并不稳定,断线降速的情况频密发生。

最让人失望的是,快速的宽频覆盖范围还是局限大城市地区,大部份乡镇的网速因为缺乏竞争,由马电讯(TM,4863,主板电讯媒体组)独霸,继续又贵又龟速。

竞争对改善服务肯定有帮助,遥想固定宽频被垄断的时代,服务之差,网速之慢,价格之贵,令使用者没齿难忘。

后来时光网(TIMECOM,5031,主板电讯媒体组)和明讯(MAXIS,6012,主板电讯媒体组)加入提供城市地区的固定宽频服务,配套价格虽还不亲民,网速表现却有立竿见影的进步。

国能和ASTRO公司加入电讯战场,分析一般认为马电讯是最大输家,但对110万名因streamyx龟速而懊恼的使用者,有低价和替代选项,应该是大好消息。而且,更希望在竞争的鞭策下,可以让马电讯尽快加速扩大unifi的覆盖范围。

除了固定宽频,大马电讯使用者也希望电讯业者在手机4G网速上可以进步,毕竟全球排名每况愈下至76位,下载平均速率18.41Mbps,远低于全球平均下载速率23.8Mbps,在全球迈向5G时代,大马网速远远落后了,但收费相对高昂。

在网络时代,业者之间的良性竞争,加上政府政策辅助,让大马电讯服务素质可以迎合要求,对国家,公司和人民都是好事。
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Re: KLSE starting to collapse
« Reply #11807 on: January 14, 2019, 03:02:09 PM »
SINGAPORE (Jan 14): Singapore's foreign minister said on Monday ties with neighbouring Malaysia have been in a "downward spiral" over a series of maritime and airspace disputes but hoped the issues could be resolved amicably.

Singapore's Vivian Balakrishnan and his Malaysian counterpart, Saifuddin Abdullah, met last week and agreed to take steps to de-escalate tensions over the air and maritime disputes.
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Re: KLSE starting to collapse
« Reply #11808 on: January 14, 2019, 03:02:55 PM »
(吉隆坡14日讯)中国进口下降,区域股市大多走低,马股早盘下跌0.43%。

休市时,富时隆综指跌7.28点,报1675.94点。

下跌股达419只、上升股266只,292只无起落。成交量有12亿5000万股,值5亿5261万令吉。

主要下跌股包括Dutch Lady Milk Industries Bhd、Petronas Chemicals Group Bhd、Malaysian Pacific Industries Bhd、Time Dotcom Bhd、Fraser & Neave Holdings Bhd、Malayan Banking Bhd、Public Bank Bhd和Petronas Gas Bhd。

热门股有Perisai Petroleum Teknologi Bhd、Sapura Energy Bhd、Hubline Bhd、Tatt Giap Group Bhd、Bumi Armada Bhd、Protasco Bhd和My EG Services Bhd。

上升股则有Nestle (M) Bhd、Amway (M) Holdings Bhd、Mega First Corp Bhd、Hong Leong Industries Bhd、UMW Holdings Bhd和MISC Bhd。

路透社报道,亚洲股市和美国股指期货周一下跌,因中国出口意外下降,并引发人们对全球增长和企业获利进一步放缓的担忧。

最新数据显示,中国12月进口按年跌7.6%,而分析员预计为扬升5%。出口则意外降4.4%,预期为增长3%。

艾芬黄氏资本研究指出,技术指标均向上,这有利于综指。

“在缺乏新催化剂,综指本周可能会出现盘整。”
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Re: KLSE starting to collapse
« Reply #11809 on: January 14, 2019, 04:13:20 PM »
(吉隆坡14日讯)中国进口下降,区域股市大多走低,马股早盘下跌0.43%。

休市时,富时隆综指跌7.28点,报1675.94点。

下跌股达419只、上升股266只,292只无起落。成交量有12亿5000万股,值5亿5261万令吉。

主要下跌股包括Dutch Lady Milk Industries Bhd、Petronas Chemicals Group Bhd、Malaysian Pacific Industries Bhd、Time Dotcom Bhd、Fraser & Neave Holdings Bhd、Malayan Banking Bhd、Public Bank Bhd和Petronas Gas Bhd。

热门股有Perisai Petroleum Teknologi Bhd、Sapura Energy Bhd、Hubline Bhd、Tatt Giap Group Bhd、Bumi Armada Bhd、Protasco Bhd和My EG Services Bhd。

上升股则有Nestle (M) Bhd、Amway (M) Holdings Bhd、Mega First Corp Bhd、Hong Leong Industries Bhd、UMW Holdings Bhd和MISC Bhd。

路透社报道,亚洲股市和美国股指期货周一下跌,因中国出口意外下降,并引发人们对全球增长和企业获利进一步放缓的担忧。

最新数据显示,中国12月进口按年跌7.6%,而分析员预计为扬升5%。出口则意外降4.4%,预期为增长3%。

艾芬黄氏资本研究指出,技术指标均向上,这有利于综指。

“在缺乏新催化剂,综指本周可能会出现盘整。”

PERGHHHHHH :'( :phew: :sweat: :giggle: :rofl: :giggle:

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Re: KLSE starting to collapse
« Reply #11810 on: January 14, 2019, 04:15:43 PM »
HARTA , which descend from station 7 to station 5, has depart for next station, station 4
"The only conquests which are permanent and leave no regrets are our conquests over ourselves"    Quote from Napolean Bonaparte

Politicians like to rally the masses to stage conquest  against "the enemy",  the real intent is  actually...$ $

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Re: KLSE starting to collapse
« Reply #11811 on: January 14, 2019, 04:33:17 PM »
PChem, PetDag among Bursa top decliners after Brent slipped below US$60/barrel
 
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Re: KLSE starting to collapse
« Reply #11812 on: January 14, 2019, 04:40:47 PM »
HARTA , which descend from station 7 to station 5, has depart for next station, station 4

Many counters encounter this situation  :clap:
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Re: KLSE starting to collapse
« Reply #11813 on: January 14, 2019, 05:32:46 PM »
PChem, PetDag among Bursa top decliners after Brent slipped below US$60/barrel

 :devil: :devil: :phew: :headbang:

 :giggle: :giggle: :rofl: :cash:

Offline mondialcapital

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Re: KLSE starting to collapse
« Reply #11814 on: January 14, 2019, 07:21:35 PM »
SGX DOWN (-17.7) @ 3181.4 (-0.56%) / KLSE DOWN (-7.1) @1676.2 (-0.42%)


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Re: KLSE starting to collapse
« Reply #11815 on: January 14, 2019, 07:24:48 PM »
SGX DOWN (-17.7) @ 3181.4 (-0.56%) / KLSE DOWN (-7.1) @1676.2 (-0.42%)

Dow future COLLAPSING almost 250 points   >:D :devil: :sweat: :'( :'(

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Re: KLSE starting to collapse
« Reply #11816 on: January 15, 2019, 03:05:39 AM »
Dow future COLLAPSING almost 250 points   >:D :devil: :sweat: :'( :'(

 :clap: :thumbsup: :cash:
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Re: KLSE starting to collapse
« Reply #11817 on: January 15, 2019, 03:06:34 AM »

KUALA LUMPUR: The Employees Provident Fund (EPF) disposed of 4.63 million shares of IHH Healthcare Bhd on Jan 9, a filing with Bursa Malaysia on Monday showed.

The retirement fund's stake was reduced to 8.03% or 728.11 million shares after the disposal of the shares.

   
IHH closed at RM5.60 on that day, which was the highest since Dec 13.

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Re: KLSE starting to collapse
« Reply #11818 on: January 15, 2019, 03:08:16 AM »
(吉隆坡14日讯)国家能源(TENAGA,5347,主板公用事业股)在马六甲完成网络宽频试点项目,正式杀入高速宽频服务市场,分析员认为在未来可能会成为马电讯(TM,4863,主板电信与媒体股)的竞争对手。

日前,国家能源与通讯与多媒体部长哥宾星在马六甲野新,正式推介国家光纤通讯计划(NFCP),并计划在首季推出全马最便宜的宽频配套。

价格更便宜

在试点项目期间,国能的宽频试点仅涵盖1100户家庭,其中,推出的宽频配套显露出价格比较便宜,并会充分利用国能的基础设施。

目前,国能在野新推出的50/100 Mbps高速宽频网络配套,每月费用分别为79令吉和99令吉。

比起马电讯每月费用79令吉与129令吉的30/100 Mbps Unifi配套,国能价格显得更加诱人,且50Mbps宽频配套也填补了市场上的缺口。

尽管如此,如果国能决定扩展宽频至其他地区,联昌国际投行研究分析员认为,短期内不会对马电讯造成冲击,因为国能已装置的电缆有限,大约13公里左右,无法和马电讯超过50万公里电缆做比较。

同时,国能在野新试点项目投入的资本开销金额,预计介于100万令吉到200万令吉。

另一方面,分析员预计2018至2023财年期间,马电讯Unifi每位用户平均收益(ARPU),将受到侵蚀30%,归咎于更剧烈的价格竞争。

国能没有对新宽频计划提出时间表,且分析员认为,宽频在近期对该公司盈利不会有所贡献。

分析员对国能提出“守住”评级,目标价13.60令吉,相等于该领域14倍平均本益比的10%溢价。
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Re: KLSE starting to collapse
« Reply #11819 on: January 15, 2019, 07:58:25 AM »
(吉隆坡14日讯)国家能源(TENAGA,5347,主板公用事业股)在马六甲完成网络宽频试点项目,正式杀入高速宽频服务市场,分析员认为在未来可能会成为马电讯(TM,4863,主板电信与媒体股)的竞争对手。

日前,国家能源与通讯与多媒体部长哥宾星在马六甲野新,正式推介国家光纤通讯计划(NFCP),并计划在首季推出全马最便宜的宽频配套。

价格更便宜

在试点项目期间,国能的宽频试点仅涵盖1100户家庭,其中,推出的宽频配套显露出价格比较便宜,并会充分利用国能的基础设施。

目前,国能在野新推出的50/100 Mbps高速宽频网络配套,每月费用分别为79令吉和99令吉。

比起马电讯每月费用79令吉与129令吉的30/100 Mbps Unifi配套,国能价格显得更加诱人,且50Mbps宽频配套也填补了市场上的缺口。

尽管如此,如果国能决定扩展宽频至其他地区,联昌国际投行研究分析员认为,短期内不会对马电讯造成冲击,因为国能已装置的电缆有限,大约13公里左右,无法和马电讯超过50万公里电缆做比较。

同时,国能在野新试点项目投入的资本开销金额,预计介于100万令吉到200万令吉。

另一方面,分析员预计2018至2023财年期间,马电讯Unifi每位用户平均收益(ARPU),将受到侵蚀30%,归咎于更剧烈的价格竞争。

国能没有对新宽频计划提出时间表,且分析员认为,宽频在近期对该公司盈利不会有所贡献。

分析员对国能提出“守住”评级,目标价13.60令吉,相等于该领域14倍平均本益比的10%溢价。

 ;) :devil: >:D

 :giggle: :giggle: :rofl: :cash: :cash:

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Re: KLSE starting to collapse
« Reply #11820 on: January 15, 2019, 11:05:41 AM »
:D :D :D....100 card is better :thumbsup:,new  bus station no std,look kau for OrangCuriKaya looking to cari situpit big son on big quantities of worthless warrants ;) :sweat: :'( :'(

Arrgghhhhhh :speechless: :S

 :giggle: :giggle: :rofl: :cash:

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Re: KLSE starting to collapse
« Reply #11821 on: January 15, 2019, 12:21:09 PM »
Tabung Haji will provide quarterly updates on financial performance beginning first quarter of 2019 – Zukri Samat
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Re: KLSE starting to collapse
« Reply #11822 on: January 15, 2019, 12:28:25 PM »
(吉隆坡15日讯)财政部长林冠英呼吁高盛(Goldman Sachs)“接受事实”,因为该银行—一马发展公司(1MDB)财务顾问—必须对马来西亚政府遭受的损失和痛苦负责。

根据《纽约时报》昨日的报导,林冠英周一在香港接受专访时提到高盛:“我们遭受了巨大的损失,你是财务顾问......现在你要怎样负责?不要告诉我,你不知道钱去了哪里。”

“你看看马来西亚必须承受的痛苦—不只是数字,而是创伤。你要有一颗心。有时你会问,到底高盛有这颗心吗?”

上个月,马来西亚对高盛提起了刑事指控,指责该银行通过为1MDB筹集超过60亿美元(245.8亿令吉)来欺骗投资者。马来西亚正在向高盛索赔75亿美元。

高盛否认指控并表示,它是包括1MDB和前朝国阵政府成员在内的各方的谎言受害者,并且将“大力反对”指控。

 
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Re: KLSE starting to collapse
« Reply #11823 on: January 15, 2019, 12:28:47 PM »
(吉隆坡15日讯)财政部长林冠英呼吁高盛(Goldman Sachs)“接受事实”,因为该银行—一马发展公司(1MDB)财务顾问—必须对马来西亚政府遭受的损失和痛苦负责。

根据《纽约时报》昨日的报导,林冠英周一在香港接受专访时提到高盛:“我们遭受了巨大的损失,你是财务顾问......现在你要怎样负责?不要告诉我,你不知道钱去了哪里。”

“你看看马来西亚必须承受的痛苦—不只是数字,而是创伤。你要有一颗心。有时你会问,到底高盛有这颗心吗?”

上个月,马来西亚对高盛提起了刑事指控,指责该银行通过为1MDB筹集超过60亿美元(245.8亿令吉)来欺骗投资者。马来西亚正在向高盛索赔75亿美元。

高盛否认指控并表示,它是包括1MDB和前朝国阵政府成员在内的各方的谎言受害者,并且将“大力反对”指控。

Another collapsion factor  :thumbsup:
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Offline jjwong

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Re: KLSE starting to collapse
« Reply #11824 on: January 15, 2019, 01:07:13 PM »
Malaysia instituitionlised corruption is very widespread, originated and close one by Tun 22 years as PM
each mega project or development projects like building schools, hospital, road has 2 or 3 layers of ALIBABA COLLECT 10% BEFORE reaching the REAL builder. These layers of corrupted politicians siphon of huge amount of fund , that can build another 30% more schools and hospitals.  Tun was the culprit . He knows it and he close one ee because he was playing politics. Najis took over and do DAYLIGHT ROBBERY AND STEAL MONEY OUTRIGHT FROM EPF,TABUNG HAJI,PERKESO. NAJIS IS REAL PARIAH OF THE LOWEST CLASS THAT BRING SHAME TO HIS FATHER AND THE WHOLE COUNTRY.
   
"The only conquests which are permanent and leave no regrets are our conquests over ourselves"    Quote from Napolean Bonaparte

Politicians like to rally the masses to stage conquest  against "the enemy",  the real intent is  actually...$ $

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Re: KLSE starting to collapse
« Reply #11825 on: January 15, 2019, 04:51:41 PM »
Malaysia instituitionlised corruption is very widespread, originated and close one by Tun 22 years as PM
each mega project or development projects like building schools, hospital, road has 2 or 3 layers of ALIBABA COLLECT 10% BEFORE reaching the REAL builder. These layers of corrupted politicians siphon of huge amount of fund , that can build another 30% more schools and hospitals.  Tun was the culprit . He knows it and he close one ee because he was playing politics. Najis took over and do DAYLIGHT ROBBERY AND STEAL MONEY OUTRIGHT FROM EPF,TABUNG HAJI,PERKESO. NAJIS IS REAL PARIAH OF THE LOWEST CLASS THAT BRING SHAME TO HIS FATHER AND THE WHOLE COUNTRY.
 

Pergghhhhh :devil: >:D :phew:

## :giggle: :giggle: :rofl: :cash: :cash:

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Re: KLSE starting to collapse
« Reply #11826 on: January 16, 2019, 09:07:43 AM »
Malaysia instituitionlised corruption is very widespread, originated and close one by Tun 22 years as PM
each mega project or development projects like building schools, hospital, road has 2 or 3 layers of ALIBABA COLLECT 10% BEFORE reaching the REAL builder. These layers of corrupted politicians siphon of huge amount of fund , that can build another 30% more schools and hospitals.  Tun was the culprit . He knows it and he close one ee because he was playing politics. Najis took over and do DAYLIGHT ROBBERY AND STEAL MONEY OUTRIGHT FROM EPF,TABUNG HAJI,PERKESO. NAJIS IS REAL PARIAH OF THE LOWEST CLASS THAT BRING SHAME TO HIS FATHER AND THE WHOLE COUNTRY.
 

 :S :sweat: :phew:

Offline jjwong

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Re: KLSE starting to collapse
« Reply #11827 on: January 16, 2019, 09:58:19 AM »
BE careful of this scheme.
dont know it is wolf in sheep clothing
The product is good.
The return yield is 19.7% per annum
The company approved by SSM.
****....why go after the funding from uncle and auntie when you can get 50 million loan from banks at 6-7%?
Sourcing money from investors mean having to pay 19.7%
Or no need to pay any interest and run away with billions when the ponzi scheme expand into 10th or 20th level?
Sourcing money from bank maybe can get 50million loan.
sourcing money from uncle ,auntie...no limit even though project size is 50 million.
Uncle and auntie will put in billions as multi-level scheme expand and pull in more crowd.
in case the promoter run away, it is a CIVIL case, not billion dollar robbery. In case promoter does run away.
http://www.plantationsinternational.com/
"The only conquests which are permanent and leave no regrets are our conquests over ourselves"    Quote from Napolean Bonaparte

Politicians like to rally the masses to stage conquest  against "the enemy",  the real intent is  actually...$ $

Offline jjwong

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Re: KLSE starting to collapse
« Reply #11828 on: January 16, 2019, 10:01:02 AM »
BE careful of this scheme.
dont know it is wolf in sheep clothing
The product is good.
The return yield is 19.7% per annum
The company approved by SSM.
****....why go after the funding from uncle and auntie when you can get 50 million loan from banks at 6-7%?
Sourcing money from investors mean having to pay 19.7%
Or no need to pay any interest and run away with billions when the ponzi scheme expand into 10th or 20th level?
Sourcing money from bank maybe can get 50million loan.
sourcing money from uncle ,auntie...no limit even though project size is 50 million.
Uncle and auntie will put in billions as multi-level scheme expand and pull in more crowd.
in case the promoter run away, it is a CIVIL case, not billion dollar robbery. In case promoter does run away.
http://www.plantationsinternational.com/

fyi this is HK COMPANY
http://www.plantationsinternational.com/my01-v1
"The only conquests which are permanent and leave no regrets are our conquests over ourselves"    Quote from Napolean Bonaparte

Politicians like to rally the masses to stage conquest  against "the enemy",  the real intent is  actually...$ $

Offline jjwong

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Re: KLSE starting to collapse
« Reply #11829 on: January 16, 2019, 10:07:34 AM »
BE careful of this scheme.
dont know it is wolf in sheep clothing
The product is good.
The return yield is 19.7% per annum
The company approved by SSM.
****....why go after the funding from uncle and auntie when you can get 50 million loan from banks at 6-7%?
Sourcing money from investors mean having to pay 19.7%
Or no need to pay any interest and run away with billions when the ponzi scheme expand into 10th or 20th level?
Sourcing money from bank maybe can get 50million loan.
sourcing money from uncle ,auntie...no limit even though project size is 50 million.
Uncle and auntie will put in billions as multi-level scheme expand and pull in more crowd.
in case the promoter run away, it is a CIVIL case, not billion dollar robbery. In case promoter does run away.
http://www.plantationsinternational.com/

I NEARLY invest in such scheme 10 years ago, OIL PALM plantation in Gua Musang. 1 UNIT OF INVESTMENT =7000=5000 SQ FT OF PLANTATION LAND ,buttttt, not under your name. You are on legal contract owner of 5000  sq ft of land with young oil palm tree.
Return 10-15% per years.

Back by  one politician party.
so in the end, the company got problem, inv money burnt, . IT IS A CIVIL CASE.. pls take note.
when conman has collected billions, they will dec;lare company got problems
That is why the business model is NOT to go to banks for 50m loan. Go to uncle auntie...can siphon billions.
"The only conquests which are permanent and leave no regrets are our conquests over ourselves"    Quote from Napolean Bonaparte

Politicians like to rally the masses to stage conquest  against "the enemy",  the real intent is  actually...$ $

Offline jjwong

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Re: KLSE starting to collapse
« Reply #11830 on: January 16, 2019, 10:24:17 AM »
products that is used as bait.
1  GOLD BAR
2. HOTEL ROOMS ownership
3. oil palm land /plantation
4. AGAR wood
5. MUSANG KING
6. BIRDNEST (COMING SOON)

The products are all genuine and business shud be profitable.
But the operators use these products as front to expand ponzi scheme.
10 years ago COMPUTGATE 5037 was into AGARWOOD planting, about 50 hectares if not mistaken. I bought into this counters, waited and waited, now dont know the millions from this plantation going to whose pocket. annual report also no mention any more . Such is kockperate governance level in bursa.
"The only conquests which are permanent and leave no regrets are our conquests over ourselves"    Quote from Napolean Bonaparte

Politicians like to rally the masses to stage conquest  against "the enemy",  the real intent is  actually...$ $

Online DR KIM

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Re: KLSE starting to collapse
« Reply #11831 on: January 16, 2019, 10:30:33 AM »
products that is used as bait.
1  GOLD BAR
2. HOTEL ROOMS ownership
3. oil palm land /plantation
4. AGAR wood
5. MUSANG KING
6. BIRDNEST (COMING SOON)

The products are all genuine and business shud be profitable.
But the operators use these products as front to expand ponzi scheme.
10 years ago COMPUTGATE 5037 was into AGARWOOD planting, about 50 hectares if not mistaken. I bought into this counters, waited and waited, now dont know the millions from this plantation going to whose pocket. annual report also no mention any more . Such is kockperate governance level in bursa.

A M O Y  :heart: too 

 :giggle: :giggle: :rofl:

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Re: KLSE starting to collapse
« Reply #11832 on: January 16, 2019, 11:20:27 AM »
Down trends continue  :D
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Re: KLSE starting to collapse
« Reply #11833 on: January 16, 2019, 11:21:22 AM »
(吉隆坡16日讯)大众银行(Public Bank Bhd)及国家能源(Tenaga Nasional Bhd)等综指成份股走软,拖累马股盘中下滑0.45%。

截至早上10点,富时隆综指跌7.49点,至1671.93点。

下跌股254只,上升股201只,另有264只无起落。成交量5亿2454万股,值2亿6498万令吉。

下跌股包括Fraser & Neave Holdings Bhd、Public Bank、Time Dotcom Bhd、Tenaga、Kuala Lumpur Kepong Bhd、Hap Seng Consolidated Bhd、Hong Leong Bank Bhd、Lingkaran Trans Kota Holdings Bhd、Unisem (M) Bhd及Press Metal Aluminium Holdings Bhd。

热门股有Fitters Diversified Bhd、Sapura Energy Bhd、FGV Holdings Bhd、Tatt Giap Group Bhd、APFT Bhd和Bumi Armada Bhd。

上升股为Aeon Credit Service (M) Bhd、KESM Industries Bhd、Heineken Malaysia Bhd、Petron Malaysia Refining & Marketing Bhd、Supreme Consolidated Resources Bhd、Oriental Interest Bhd、United Plantations Bhd、Carlsberg Brewery Malaysia Bhd与SAM Engineering & Equipment (M) Bhd。

根据路透社,在上日因中国推出刺激举措希望而上涨后,亚股周三稍事喘息,英国议会表决否决了首相文翠珊(Theresa May)的退欧协议后,投资者评估英国退欧未来的可能选项。

MSCI明晟亚太地区(除日本)指数小跌,周二上扬,受中国官员暗示可能推出更多举措稳定放缓的经济所提振。

丰隆投资银行研究指出,随着中国发誓要采取更多刺激措施来支持放缓的经济,它可能至少在短期内提振全球股市,最终蔓延至美国股市。

与此同时,投资者将关注持续的业绩季节和贸易方面的发展。

“如果上述两个事件出现任何负面意外,我们预期未来市场的波动性会加剧。”

“从区域来看,随着中国评论‘大规模减税’以帮助支持其放缓的经济,尤其是小企业和制造业,我们看到出现积极的交易基调。”

“此外,隔夜华尔街股市表现不错,我们可能会看到本地股市进一步反弹,交易商可以关注石油和天然气股,因为布兰特原油价格回升至60美元以上(246.99令吉)。”
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Re: KLSE starting to collapse
« Reply #11834 on: January 16, 2019, 11:21:59 AM »
Gaming sector
Maintain market weight: For Genting Malaysia Bhd, investors remain focused on the opening date of its nearly completed outdoor theme park, despite its modest direct earnings before interest, taxes, depreciation and amortisation (Ebitda) contribution to Genting Malaysia. It is estimated to enhance Genting Malaysia’s total 2019 to 2020 forecast Ebitda by 3% to 6% if it were to start operating from June 19. While construction works for the theme park are nearly completed, its opening date remains unclear.

Genting Malaysia is still assessing options including the possibility of settling its dispute out of the court with Twenty-First Century Fox group of companies (Fox) and Walt Disney Co. For now, Genting Malaysia is doing maintenance work at the theme park property, including running the available rides to avoid malfunctions due to being idle for too long. Genting Malaysia would incur a cost of about RM15 million per quarter — about 3% to 4% of total profit before tax (PBT) — for the maintenance work, before the theme park is open for business.

Genting Malaysia’s first court hearing date for the lawsuit against Fox and Disney is expected to be known in early 2019. To recap, Genting Malaysia’s lawsuit is to claim for the cost of its investments and consequential and punitive damages, in total will exceed US$1 billion (RM4.1 billion).

On Genting Bhd, its upcoming hotel and casino resort in Las Vegas — Resorts World Las Vegas (RWLV) — has filed its opposition to the Wynn Resorts Holdings’ application to temporarily and preliminarily restrain RWLV from further construction of the RWLV property due to its curved bronze windows or horizontal banding that constitute a portion of the unique and famous Wynn Design.

Targeting to open at end-2020, RWLV said it is still in an early stage of construction, and that the completed property will look dramatically different from Wynn’s properties. Construction activities at the RWLV site continue and remain on track. Recall the RWLV phase one is a US$4 billion project with 340 hotel rooms. We understood that the RWLV construction is less than 50% completed, with Genting spending about US$1 billion in capital expenditure thus far.

We maintained our “market weight” on the gaming sector due to a lack of clear catalysts for now. Our top pick is Genting, because despite the ongoing litigation, the RWLV project makes up a modest 5% of our total revalued net asset value (RNAV) for Genting. We do not foresee the court case as an immediate threat that could significantly delay Genting in opening the RWLV. Moreover, our target price had conservatively assumed a 40% holding company discount.

We like Genting for its attractive valuation of 6.3 times 2019 forecasts enterprise value/Ebitda, 0.7 times price-to-book value ratio, and an indirect exposure to Genting Singapore PLC’s greenfield integrated resorts opportunity in Japan. — UOB Kay Hian, Jan 15
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Re: KLSE starting to collapse
« Reply #11835 on: January 16, 2019, 11:33:11 AM »
Compugates Sdn Bhd - Consumer Electronics Distribution



www.compugates.com

Compugates is a consumer electronics distributor and has recently diversified into renewable energy solutions, agarwood/gaharu project & timber concession. Compugates is a consumer electronics distributor and has recently diversified into renewable energy solutions, agarwood/gaharu & …
"The only conquests which are permanent and leave no regrets are our conquests over ourselves"    Quote from Napolean Bonaparte

Politicians like to rally the masses to stage conquest  against "the enemy",  the real intent is  actually...$ $

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Re: KLSE starting to collapse
« Reply #11836 on: January 16, 2019, 03:16:21 PM »
Testing 1670  :phew:
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Re: KLSE starting to collapse
« Reply #11837 on: January 16, 2019, 03:33:05 PM »
Quote from: ORIENT link=t :phew: :sweat: :sweat: :sweat:opic=70129.msg1562910#msg1562910 date=1547622981
Testing 1670  :phew:

PERGGHHHH :'( :S :sweat:
 :giggle:

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Re: KLSE starting to collapse
« Reply #11838 on: January 16, 2019, 03:58:56 PM »

KUALA LUMPUR: Hibiscus Petroleum Bhd 's wholly-owned unit, SEA Hibiscus Sdn Bhd, had on November 2018 appointed RISC Advisory Pty Ltd to undertake an independent audit and provide an assessment of reserves and contingent resources within the Barton, St Joseph, South Furious and SF 30 oil fields in the North Sabah PSC, offshore Sabah.

SEA Hibiscus holds 50 per cent participating interests in the North Sabah PSC and is the operator of the North Sabah Fields while Petronas Carigali Sdn Bhd holds the remaining participating interests in the North Sabah PSC.

   
In a filing to Bursa Malaysia today, the company said the basis of assessment undertaken by RISC comprises, amongst others, reviewing the internal interpretation and resource evaluation assumptions and annual Review of petroleum resources.

It also tasked to review the actual production data up to October 2018, asset integrity performance and development plan for future projects.

As of Dec 31, 2018, the gross proved plus probable reserves  and the gross contingent resources of oil in the North Sabah Fields were estimated to be 55.3 million stock tank barrels and 85.7 MMstb respectively. - Bernama
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Re: KLSE starting to collapse
« Reply #11839 on: January 16, 2019, 04:17:27 PM »
KUALA LUMPUR (Jan 16): Hengyuan Refining Co Bhd has approved the full fund release amounting to US$66.4 million (about RM273 million) for the H2GEN project, which will supply its refinery with 30 tonnes/day of hydrogen.

Hengyuan said in a Bursa Malaysia filing today the project will be executed within its refining complex in Port Dickson, Negeri Sembilan.

"The H2GEN project is undertaken to supply the refinery with 30 tonnes/day of hydrogen for hydro desulfurization unit number 2 and the extractive desulfurization hydro-treating process to meet the 10 parts per million by weight (ppmw) sulphur specification.

"The refinery will be short of hydrogen upon Euro5 gas-oil specification implementation in September 2020. The H2GEN project is expected to start up in September 2020 to coincide with the Euro5 gasoil legislated date. The project will be financed using a mix of cash flow generated from operations and further drawdowns of existing loans," Hengyuan said.
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Re: KLSE starting to collapse
« Reply #11840 on: January 16, 2019, 04:17:55 PM »
(吉隆坡16日讯)Hibiscus Petroleum Bhd指出,截至2018年12月31日,沙巴北部油田已探明总储量与可能储量,以及或有资源估计分别为5530万桶和8570万桶。

Hibiscus今日向大马交易所报备,间接独资子公司SEA Hibiscus私人有限公司(SEAH)于去年11月1日委任RISC Advisory私人有限公司,审核和估算沙巴北部生产共享合约(PSC)油田的储备和或有资源。

“SEAH持有沙巴北部PSC的50%参与权益,且是沙巴北部油田的营运商。国油勘探则持有余下权益。”

Hibiscus出:“2016年10月12日,根据独立技术评估师RISC Operations私人有限公司,截至2016年1月1日的已探明总储量与可能储量,以及或有资源分别为6200万和7900万桶。”

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Re: KLSE starting to collapse
« Reply #11841 on: January 16, 2019, 04:40:34 PM »
HONG KONG: Sign up for China Rising, a new weekly dispatch on where China stands now and where it's going next.

China’s central bank boosted injections via open-market operations to the most on record to meet seasonal demand for cash due to tax payments and major holidays.

   
The People’s Bank of China pumped in a net 560 billion yuan ($83 billion) into the financial system on Wednesday, the biggest one-day addition on record.

The PBOC is offering reverse repos to maintain sufficient liquidity in the banking system during the peak season for tax payments, according to a central bank statement.

Funding costs have been rising, with the seven-day interbank repurchase rate climbing to about 2.65 percent from 2.21 percent on Jan. 8.

Credit growth exceeded expectations in December, data showed Tuesday, after a raft of dismal economic numbers, including the biggest drop in the nation’s exports and imports since 2016.

”Traditionally, January is a peak month of tax payments, when liquidity demand is big,” and Lunar New Year holidays are just two weeks away, said Ming Ming, head of fixed income research at Citic Securities Co.

“Although total social financing and credit data yesterday was better than market consensus, the structure of China’s credit system is not in a good shape.”

Ten-year government bond futures rose 0.4 percent, the first gain in six days, while the yuan slid 0.2 percent.

China has been taking measures to stabilise the economy, including cutting the reserve ratio for banks and cutting taxes, with further measures in the pipeline. China will avoid a â€flood’ of liquidity, and will maintain a stable macro-leverage ratio, Zhu Hexin, deputy governor at the PBOC, said on Tuesday.

Jan. 16 is the peak for tax payments, Citic’s Ming said. Exactly 12 months ago, the central bank injected a net 270 billion yuan to counter a similar demand for cash. - Bloomberg

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Re: KLSE starting to collapse
« Reply #11842 on: January 16, 2019, 04:41:31 PM »
IT has been a disappointing year for stocks on Bursa Malaysia, with more decliners than gainers. Here are the laggard sectors, with construction being the worst hit

 

Construction hit by cancellations, deferments

The construction sector was one of the worst-performing sectors on Bursa Malaysia, with most of the decline coming post-GE14 as the cancellation and deferment of contracts by the new administration affected approved and awarded rail jobs.

Year to date (Dec 21), the Bursa Malaysia Construction Index has fallen more than 50%.

Among the projects affected are the Singapore-Kuala Lumpur high-speed rail project, which will be deferred for two years, and the East Coast Rail Link, which was still under review at the time of writing.

CIMB Equity Research analyst Sharizan Rosely says in a recent strategy report that the construction sector is likely to enter a downward cycle, given the subdued outlook for contract awards. He foresees a downside to the order books of the bigger contractors arising from the impact of the cost rationalisation of the light rail transit Line 3 (LRT3) and mass rapid transit Line 2 (MRT2), lower construction profit per annum arising from project delays and extensions of time and the risk of margin markdowns or provisions due to the substantial scaling down of the scope of some projects.

“Our top big-cap ‘sell’ is Gamuda Bhd and top small- or mid-cap ‘sell’ calls are on Protasco Bhd and Salcon Bhd. Our top ‘buy’ is Muhibbah Engineering (M) Bhd for its overseas exposure, undemanding valuations and high return on equity,” Sharizan says.

Affin Hwang Investment Bank Sdn Bhd is also cautious on the construction sector due to potential earnings risks from profit margin squeeze and reduction in contract values.

Nonetheless, Affin Hwang analyst Loong Chee Wei says in his strategy report that most construction companies are now trading at sharp discounts to their revised net asset value.

“The current weighted-average, sector-expected 2019 core price-earnings ratio of 11 times is reasonable, considering core 2019 expected earnings per share growth of 12% year on year,” he says, reiterating the investment bank’s “neutral” weighting on the sector.

On the other hand, MIDF Equity Research has maintained a positive view on the sector despite the near-term swing in direction.

“This was mainly a recognition of the stable development expenditure allocation in Budget 2019, continuation of mega projects — LRT3, MRT2 and Pan Borneo Highway, to name a few — and pending implementation of infrastructure projects, [including] the Coastal Road, Second Link Road and state water grid projects,” it says in its Dec 17 strategy report.

It adds that some stocks are trading at attractive levels following the heavy selldown this year. They include Gabungan AQRS Bhd and Muhibbah Engineering. MIDF also has “buy” calls on Cahya Mata Sarawak Bhd and KKB Engineering Bhd, which could benefit from the pending rollout of Sarawak infrastructure developments.

 

Genting's luck runs out

 

THE PH administration’s first budget delivered a major blow to Genting Malaysia Bhd with the first increase in gaming tax in 20 years. Genting Malaysia lost more than RM1.24 billion in market capitalisation in just a few minutes, shortly before Bursa’s closing bell, while its parent company, Genting Bhd, saw RM2.23 billion wiped off of its market cap. The selldown occurred after Finance Minister Lim Guan Eng announced that casino duties will be raised to 35% from 25% on gross gaming income and gaming machine duties to 30% from 20% on gross collection, as well as the increase of annual casino licence fees by RM30 million to RM150 million and machine dealer’s licence to RM50,000 from RM10,000 a year.

 

Then, in November, Genting Malaysia announced that it was suing Fox Entertainment Group LLC and The Walt Disney Co for US$1 billion for terminating an agreement to develop a 20th Century Fox World theme park in Genting Highlands. This has led to uncertainty over the development of Genting Malaysia’s new outdoor theme park.

And, if things were not bad enough, Genting Bhd’s indirect wholly-owned subsidiary, which is developing the Resorts World Las Vegas property, has found itself entangled in a lawsuit with US-based casino operator Wynn Resorts Holdings LLC.

Wynn Resorts is suing Resorts World Las Vegas LLC, a unit of Genting, on claims that the architectural design embodied in the Resorts World Las Vegas hotel and casino is substantially similar to Wynn Las Vegas, Encore and Wynn Macau.

It is also worth noting that Genting Malaysia suffered its largest quarterly loss of RM1.49 billion for the third quarter ended Sept 30 (3QFY2018) due to an impairment on its investment in promissory notes issued by the Mashpee Wampanoag tribe for the development of an integrated gaming resort in Massachusetts, US.

Amid the negative news and developments, Genting Malaysia and Genting have seen YTD declines of 44% and 30.1% respectively, based on their closing on Dec 21.

 

E-government players hurt by change in government

MY EG Services Bhd (MyEG) saw 29.8%, or RM2.78 billion, of its market capitalisation wiped out on May 14, the first trading day post-GE14, as companies seen as linked to the previous administration saw heavy selling pressure.

It was the company’s largest decline in a single day since 2008. Adding to the pressure is the concern over the loss of income from its Goods and Services Tax (GST) monitoring project with the scrapping of the GST and the reintroduction of the Sales and Services Tax.

While there was a recovery following the heavy selldown, MyEG’s share price came under selling pressure again this month following the decision to scrap the RM3.5 billion national immigration control system (SKIN) project. Prestariang Bhd was affected by the termination of the project, in which it holds a 70% stake. Its share price plunged more than 40% during the week the termination was announced, while the share prices of MyEG and Scicom (MSC) Bhd were also affected.

Other e-government services providers include Dagang NeXchange Bhd (DNeX), Datasonic Group Bhd and Iris Corporation Bhd, which fell 5.2%, 8.4% and 6.5% respectively, on May 14.

The average YTD decline of e-government services providers is 50.8%.

Analysts have mixed views on the various e-government services providers. Most analysts covering MyEG continue to be positive on its prospects for 2019, despite seeing its share price fall by more than 50% YTD. In fact, six out of seven analysts covering it have a “buy” call on MyEG with only one calling a “sell”. Its average 12-month target price is RM1.82, indicating a potential upside of more than 100%.

On the other hand, three of the analysts covering Prestaring have downgraded the company to “sell” with an average target price of 24 sen, indicating further downside to its current price of 35 sen per share.

Analysts were more neutral on Datasonic with one “buy” and one “hold” recommendation with a 12-month average target price of 45 sen apiece, which is close to its closing price of 43 sen on Dec 21.

DNeX was also favoured by analysts, with all three having a “buy” call with an average target price of 41 sen, indicating a potential upside of 86.4%.

 

Regulatory pressure and competitive market hurt telcos

THE telecommunications (telco) sector came under pressure from both the regulators and a competitive market. In fact, it was so bad that Telekom Malaysia Bhd (TM) was removed from the FBM KLCI constituents in the year-end review after the sharp decline of its share price.

YTD, the telco giant has dropped 56.5%, and has seen RM13.6 billion wiped off its market value — the biggest loss in market cap over one year since the 2008 global financial crisis, when more than RM27.5 billion was erased.

The selldown was mainly due to the May 22 announcement by Minister of Communications and Multimedia Gobind Singh Deo that he would work towards improving broadband connections at lower prices. This led to an agreement by the country’s four key telcos TM, Maxis Bhd, TIME dotCom Bhd and Celcom Axiata Bhd, on the mandatory standard on access pricing, which will result in lower fixed broadband prices.

Being the largest fixed broadband market player, investors see TM as the company that will be impacted the most. There is also concern that the reform could put TM’s monopoly in the fixed broadband space at risk. This year, Tenaga Nasional Bhd (TNB) announced that it will be running a pilot project in Melaka to test the viability of providing broadband services through its fibre-optic network.

Apart from that, changes in TM’s management team added to investor concerns. At the end of November, Imri Mokhtar was appointed acting group CEO, the third person to take the helm at TM this year, after Datuk Seri Mohammed Shazali Ramly resigned in June, followed by his successor Datuk Bazlan Osman’s resignation a few months later.

Other telco players also found themselves under pressure in a competitive market. Axiata’s share price has fallen 28.2% YTD, while Digi.Com Bhd fell 11%. TIME dotCom was also down 9.8% while the best performer in the sector, Maxis, also saw a decline of 6.8%.

Despite the sharp selldown, most analysts remain cautious on the sector’s earnings outlook for 2019.

“We expect Maxis to report lower 2019 earnings after the termination of the U-Mobile RAN sharing agreement in late 2018. TM should see a steep earnings decline due to intensifying competition and lower broadband prices. Axiata should deliver the highest earnings growth due to a low base effect and operational improvement at its overseas entities, [though]macro headwinds may weigh on its overseas profitability,” Isaac Chow, an analyst at Affin Hwang says.

Nonetheless, he maintains a “neutral” call on the sector, as the lacklustre earnings outlook is somewhat compensated for by the 4% yield.

 

Oil and gas sector falls short of expectations as oil prices collapse

EXPECTATIONS for the oil and gas industry, which had been tipped as a dark horse for 2018, were high for some fund managers at the start of the year, but optimism turned into volatility, and then panic going into the final quarter.

The price of Brent crude had been on a steady upward trend until early October, when it reached its recent high of US$86.29 per barrel. However, it did not take long for the price to collapse and drop below the US$60 per barrel level to US$53.82 on Dec 21, on concerns over a weakening global economy and surging US crude output and falling stock prices.

The decline continued despite the Organisation of the Petroleum Exporting Countries (Opec) and Russia-led allies agreeing to slash production.

It is worth noting that most O&G counters on Bursa Malaysia were in the red, including Sapura Energy Bhd, Bumi Armada Bhd, Velesto Energy Bhd and Barakah Offshore Petroleum Bhd. Dialog Group Bhd and Serba Dinamik Holdings Bhd were among the few O&G players that managed to chalk up gains.

YTD (Dec 21) Sapura Energy has fallen 57.8%, Bumi Armada, 79.1%, Velesto Energy, 42.6%, and Barakah Offshore by 84.5%. Dialog and Serba Dinamik recorded total returns of 20.7% and 15.6% respectively.

Maybank Investment Bank Research analyst Liaw Thong Jung writes in a recent strategy report that the Opec+’s (comprising Opec and 14 non-Opec countries) latest pact to cut production by 1.2 million barrels per day from Jan 1 will be closely monitored.

“A strong compliance will shape 2019 positively. A break-up, or poor execution, will reverse all that and a volatile market will ensue. We estimate the oil price to average US$65 per barrel, a level that would instil confidence,” Liaw says, adding that Dialog and Yinson Holdings Bhd are his top “buy” calls in the sector. He is also calling a “buy” on Malaysia Marine and Heavy Engineering Holdings Bhd (MHB), Sapura Energy and Velesto Energy.

Affin Hwang’s Tan Jianyuan agrees with Liaw that share prices in this space have mostly bottomed out, with a select few staging a recovery.

“Based on consensus estimates, aggregate sector earnings will see a stronger 13% year-on-year growth in 2019 against our coverage universe of 14%, driven by a turnaround or recovery of a few ... companies like Sapura Energy, MISC Bhd, MHB and Velesto Energy. Risks to earnings lie in movement of the ringgit, oil prices and capital expenditure spending,” Tan says, adding that he has a “buy” call on Petronas Chemicals Group Bhd and Serba Dinamik.

 

Plantations continue to underperform

CRUDE palm oil (CPO) prices struggled near a three-year low of RM1,965 per metric ton (MT) in November, as the benchmark palm oil contract for January delivery hovered at RM1,972 per MT with rising inventories weighing on market and physical demand. On Dec 21, CPO futures were trading at RM2,157 per MT.

This has weighed on the share prices of many plantation counters. FGV Holdings Bhd was one of the worst performers as it fell 55.9% YTD (Dec 21). IJM Plantations Bhd was down 47.7%, IOI Corp Bhd, 1%, and Kuala Lumpur Kepong Bhd fell 1.3% during the same period.

The Bursa Malaysia Plantation Index declined 13.8% YTD.

Affin Hwang analyst Nadia Aquidah says the current low CPO price is unlikely to sustain in the first quarter of 2019 as world palm oil consumption is expected to exceed production as seasonal declines in production take hold, thus reducing stocks.

“As we expect inventory levels to slowly decline with higher consumption and the export of palm oil products, we think CPO prices could improve in 2019 onwards to RM2,400 to RM2,500 per MT (from an estimated average of RM2,200 to RM2,250 for this year). Sector-wise, we maintain our “neutral” rating for the plantation sector,” Nadia says.

Maybak Investment Bank analyst Ong Chee Ting agrees, saying in a report that the new threshold for Indonesia’s export tax is a possible game changer for the industry, which provides a more level playing field for Malaysian exporters.

Ong adds that the El Niño climate cycle might make a comeback early next year, and could disrupt the soybean supply during South America’s ongoing planting season.

“Our sector valuation remains fair, hence, our “neutral” weight. For a trade, investors can position themselves after an expected weak 4Q2018 results season in February 2019, ahead of a potential CPO price recovery in 2Q2019. However, longer-term investors should consider bottom fishing for bombed-out small- to mid-cap stocks as stock prices tend to mean-revert over the long run,” Ong says.

Ivy Ng, at CIMB Equity, agrees with both, saying that CPO prices are expected to average RM2,400 per MT in 2019, higher than the first 11 months’ average price of RM2,267 in Malaysia.

“We expect oil palm players to report a mixed earnings performance in 2019. We believe upstream planters with strong fresh fruit bunch output growth should report better earnings, driven by higher output and CPO prices. However, this will be partially offset by higher labour and fertiliser costs as well as depreciation charges,” Ng says in a report.

 

 

 
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Re: KLSE starting to collapse
« Reply #11843 on: January 16, 2019, 04:44:33 PM »
(吉隆坡16日讯)区域股市止步不前,本地投资者保持观望态度,马股半天下跌0.43%。

休市时,富时隆综指跌7.27点,报1672.15点。

上升股居多,有279只、下跌股251只,另有479只无起落。成交量13亿5000万股,值8亿3898万令吉。

主要下跌股包括Public Bank Bhd、Tenaga Nasional Bhd、United Malacca Bhd、Malaysian Pacific Industries Bhd、Fraser & Neave Holdings Bhd、Hong Leong Bank Bhd、Press Metal Aluminium Holdings Bhd、Serba Dinamik Holdings Bhd 和Westports Holdings Bhd。

热门股有FGV Holdings Bhd、Fitters Diversified Bhd、Bumi Armada Bhd、Datasonic Group Bhd、My EG Services Bhd、Sapura Energy Bhd和Zelan Bhd。

上升股则有Nestle (M) Bhd、United Plantations Bhd、Aeon Credit Service (M) Bhd、Heineken Malaysia Bhd、Amway (M) Holdings Bhd、Carlsberg Brewery Holdings Bhd、Ta Ann Holdings Bhd、Supreme Consolidated Resources Bhd 和Petron Malaysia Refining & Marketing Bhd。

路透社报道,在上日因中国推出刺激举措希望而上涨后,亚股周三稍事喘息,英国议会表决否决了首相文翠珊(Theresa May)的退欧协议后,投资者评估英国退欧未来的可能选项。

文翠珊的惨败标志着两年来她一直在推行的友好分手策略失败,按照她的计划,英国将在3月29日退欧后继续与欧盟保持密切关系。

艾芬黄氏资本研究指出:“本地投资者可能暂时持观望态度,观察综指的走势和方向,方作出进一步决定。”

 
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Re: KLSE starting to collapse
« Reply #11844 on: January 16, 2019, 05:04:25 PM »
TWENTY-year old Grand Seasons Hotel Kuala Lumpur will cease operations at the end of next month, owing to prolonged financial challenges and issues relating to ageing utility components, an internal document reveals.

Located in Jalan Pahang, the 40-storey building with 800 rooms is operated by Prominview Sdn Bhd, which is owned by Lim Siew Kim, a daughter of late Genting Bhd tycoon Tan Sri Lim Goh Tong. It is learnt that the staff count at the hotel is between 200 and 220.

An internal memo dated Dec 21, 2018, with the heading ”Notice on the closure of Hotel Business”, obtained by The Edge, reads “As you are aware, the hotel has been experiencing difficulties and losses in the past due to cost, business and operational factors even though remedial measures have been taken. To make matters worse, we have discovered that there are many issues with the building facilities due to age such as water plumbing and piping, central air-conditioning system and others that make the hotel no longer a viable business entity.

“As such, the board of directors have made the difficult decision to cease the hotel operations with effect from Feb 28, 2019.” The notice was signed by the board of directors of Prominview, and it says the employees will soon receive their letter of cessation of service.

A call to the hotel reception confirms Grand Seasons is shutting down for good at the end of February. However, numerous attempts to reach the hotel’s general manager for comment have failed.

It is no secret that the local hotel industry is facing competition from a surge in guest accommodations. Growth in the number of hotel rooms and alternative accommodations, such as Airbnb, has outpaced the expansion in tourist arrivals. Coupled with the increase of the minimum wage and electricity tariffs, it has not been a walk in the park for hotel owners and operators.

Previously the tallest hotel in the capital, Grand Seasons is part of a mixed-use development that includes office and retail space.  The developmeent has 72,000 sq ft of retail space and 236,000 sq ft of office space. Construction of the building — easily identified by its salmon coloured exterior — commenced in 1996 and was completed two years later. Although it is an 800-room hotel, it is learnt that only 678 rooms were being used and some floors are not operational.

In addition, a source tells The Edge that tenants of the office portion may have been asked to vacate by June this year. An estate agent, who recently contacted the leasing department of Grand Seasons, was informed that new leases have been put on hold as there are plans to refurbish the offices.

Meanwhile, a search on the Companies Commission of Malaysia website shows that Prominview’s nature of business is the operation of a hotel and letting of retail and office space. The directors of Prominview are Oon Sim Hor @ Thum Sim Hor and Lim. The company is wholly owned by Impianpuri Sdn Bhd.

Based on its last submitted financials, Prominview posted a net profit of RM7.63 million on the back of revenue of RM45.15 million for the financial year ended April 30, 2013. As at the same date, its accumulated profit amounted to RM19.76 million and its total liabilities to RM198.39 million. Prominview has no bank charges.

Impianpuri is owned by 70-year-old Lim and 40-year-old Chan T’shiao Li, with 20% and 80% equity interest respectively. Lim and Chan share the same address.

Lim and Datuk Arif Shah Omar Shah, from Seberang Jaya, Perai, are named as directors. Arif was a two-term assemblyman for Seberang Jaya.

Although sources say that the building and the land it sits on belong to Prominview, The Edge was unable to confirm this.

A real estate industry source says it was previously rumoured that the building was available for sale for RM300 million. It is not known if it has been sold.

As for the value of the land, a valuer contacted by The Edge, puts it at RM49 million to RM57 million, based on the land size of 70,654 sq ft that the asset sits on. He pegged the land price in the area at RM700 to RM800 psf.

This is not the first hotel that is linked to Lim. Her now delisted Metroplex Bhd used to own and operate The Putra Place, which included The Legend Hotel, The Mall and an office tower. The Putra Place went under the hammer in April 2008 and was eventually successfully bid for by Sunway Real Estate Investment Trust in March 2011. Metroplex also owned and operated the Legend Resort Cherating, believed to be still under the group.

Lim is also linked to Apex Equity Holdings Bhd and the previously listed Aktif Lifestyle Corp Bhd.

 

 
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Re: KLSE starting to collapse
« Reply #11845 on: January 16, 2019, 05:05:10 PM »

(吉隆坡16日讯)印度媒体报道,国家石油(PETRONAS)正与纽约公司——I Squared资本公司洽商,以收购印度最大屋顶太阳能发电商之一的Amplus能源方案公司的控制股权。

印度财经日报《Mint》引述知情人士报道称,上述交易总值达到270亿卢比(约15亿6000万令吉)。

两名不愿透露身份的知情人士表示,国家石油打算收购Amplus的大部份股权。Amplus在印度拥有产能达350兆瓦的发电资产。

Amplus发言人在回复电邮询问时表示,该公司不会对市场臆测作出评论。国家石油也未对询问作出回应。

国家石油向来积极探讨海外投资良机,目前持有加拿大液化天然气(LNG)项目的25%股权,这项投资总值达400亿加元(约1241亿令吉)的计划是加拿大历来最大规模的私人投资项目。国家石油现有资产以天然气为主,为了平衡资产组合,该公司正致力于多元化国内外投资。

竞争激烈 数公司虎视眈眈

如果洽购Amplus的消息属实,国家石油将面对剧烈的竞争。目前,挪威国家石油、法国的道德尔及皇家蚬壳公司等也表示有兴趣投资Amplus,而全球最大上市石油生产公司——俄罗斯国家石油公司也在探讨印度太阳能源领域的投资机会。

投资基建为主的私募公司——I Squared资本公司2015年4月向Amplus投资1亿5000万美元,协助Amplus通过开拓原始绿地工程、收购活动推动其投资组合的成长。Amplus的计划包括向美国太阳能发展商SunEdison收购印度的屋顶太阳能资产。

I Squared资本持Amplus超过90%

股权I Squared资本公司持有Amplus超过90%股权,其余股权则由Amplus的创办人、董事经理兼首席执行员山吉阿卡华所持有。

再生能源业务最大的开支为资本成本,预料全球主要石油生产商的财力,将有助印度的清洁能源领域。

可配发再生能源生产领域吸引投资者强劲的兴趣,因为市场很少拥有庞大投资组合。纽约私募基金沃堡宾卡斯2017年宣布投资1亿美元在屋顶太阳能发展商CleanMax太阳能公司。印度计划在2022年之前增加100吉瓦的太阳能产能,该公司则放眼发展40吉瓦目标。

印度再生能源领域持续成长中。印度政府表示该国在安装再生能源产能全球排行第五。截至10月31日,印度总共安装了73.35吉瓦的再生能源产能。同时,印度在2017至2018年期间通过再生能源资源生产1018亿3000万单位的电力。
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Re: KLSE starting to collapse
« Reply #11846 on: January 16, 2019, 05:14:39 PM »
(吉隆坡16日讯)金群利集团(MATRIX,5236,主板产业股)与Bonanza Educare私人有限公司联营,为金群利国际学校提供更有效率的营运和管理。

金群利集团今日向交易所报备,独资子公司金群利国际教育控股有限公司,已与Bonanza Educare签署联营和股东协议。

根据文告,金群利国际教育控股的独资子公司金群利Educare私人有限公司,将充作联营公司;当中,前者持有联营公司51%的股权,Bonanza Educare持余下49%股权。

另外,金群利产业私人有限公司是金群利国际学校校地的合法持有人,土地面积大约为7万2698方尺,也持有校内建筑物和相关设施的拥有权;金群利国际教育控股则持有学校的相关执照、许可证,以及所有批文。
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Re: KLSE starting to collapse
« Reply #11847 on: January 16, 2019, 05:17:25 PM »
(吉隆坡16日讯)金群利集团(MATRIX,5236,主板产业股)与Bonanza Educare私人有限公司联营,为金群利国际学校提供更有效率的营运和管理。

金群利集团今日向交易所报备,独资子公司金群利国际教育控股有限公司,已与Bonanza Educare签署联营和股东协议。

根据文告,金群利国际教育控股的独资子公司金群利Educare私人有限公司,将充作联营公司;当中,前者持有联营公司51%的股权,Bonanza Educare持余下49%股权。

另外,金群利产业私人有限公司是金群利国际学校校地的合法持有人,土地面积大约为7万2698方尺,也持有校内建筑物和相关设施的拥有权;金群利国际教育控股则持有学校的相关执照、许可证,以及所有批文。

Pergghhhhh :phew: :phew: :( :devil: :devil: :devil: :devil: >:D

 :giggle: :giggle: :rofl: :cash: :cash:

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Re: KLSE starting to collapse
« Reply #11848 on: January 17, 2019, 07:10:58 AM »
(吉隆坡16日讯)金群利集团(MATRIX,5236,主板产业股)与Bonanza Educare私人有限公司联营,为金群利国际学校提供更有效率的营运和管理。

金群利集团今日向交易所报备,独资子公司金群利国际教育控股有限公司,已与Bonanza Educare签署联营和股东协议。

根据文告,金群利国际教育控股的独资子公司金群利Educare私人有限公司,将充作联营公司;当中,前者持有联营公司51%的股权,Bonanza Educare持余下49%股权。

另外,金群利产业私人有限公司是金群利国际学校校地的合法持有人,土地面积大约为7万2698方尺,也持有校内建筑物和相关设施的拥有权;金群利国际教育控股则持有学校的相关执照、许可证,以及所有批文。

 :giggle: :giggle: :rofl:....Arggghhhhhh :cash: :cash:

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Re: KLSE starting to collapse
« Reply #11849 on: January 18, 2019, 04:31:48 AM »
(吉隆坡17日讯)MyEG(MYEG,0138,主板科技股)获得大马通讯与多媒体委员会(MCMC)批准,更新快递服务执照。

该公司昨天向交易所报备,新的执照更新期限为期3年,今年1月1日起生效,2021年12月底结束。

根据文告,执照届满后需再向MCMC更新执照。

MyEG指出,这次更新执照后,可以继续扩张旗下的电子服务业务。

该公司的电子服务拥有本身的生物识别科技,料在未来继续贡献正面盈利。

闭市时,MyEG以1.07令吉挂收,跌1仙或0.93%,成交量有7247万6400股。
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