Recent Posts

Pages: 1 ... 5 6 7 [8] 9 10
71
Equities / Re: KLSE starting to collapse
« Last post by Teosh on Yesterday at 12:43:06 PM »
EPF sees RM6 bil drop in investment value after GE14, says report
FMT Reporters | June 18, 2018

According to a news report, EPF’s investments in the construction sector were the most badly affected due to the PH government’s plan to review mega infrastructure projects.

PETALING JAYA: The Employees Provident Fund (EPF) has suffered a stunning decline of some RM6.09 billion in its investment value in 10 public-listed companies (PLCs) after it plunged by 12% following the 14th general election.

The Edge reported that the value of the investments had dropped dramatically from RM51.21 billion to RM45.12 billion within a month.

It said the construction sector was the worst affected due to the Pakatan Harapan (PH) government’s announcement that it wanted to review mega projects initiated under the former Barisan Nasional (BN) administration.

The projects include the RM55 billion East Coast Rail Line (ECRL), the RM110 billion Kuala Lumpur-Singapore high-speed rail (HSR) and the RM45 billion MRT Line 3.

The report said the top 10 worst performing stocks in EPF’s portfolio during the period were Cahya Mata Sarawak Bhd (CMS), Malaysian Resources Corp Bhd (MRCB), IJM Corp Bhd, Gamuda Bhd, Telekom Malaysia Bhd (TM), Axiata Group Bhd, Tenaga Nasional Bhd (TNB), CIMB Group Holdings Bhd, Malayan Banking Bhd (Maybank) and Genting Plantations Bhd.

“CMS share price has tumbled 37%, wiping off RM1.7 billion from its market capitalisation,” it said.

“Both MRCB and IJM saw their share prices fall 32%, wiping off RM1.4 billion and RM3.1 billion from their market cap respectively,” it added.

Gamuda’s shares also declined by 28%, diminishing its market cap by RM3.7 billion, it said.

In just four government-linked companies – Maybank, CIMB, TM and Axiata – EPF lost RM3.86 billion in investment value within a month.

“But it was the decline in the share price of TNB that hurt EPF’s investment value the most. The utility giant saw RM8.5 billion wiped out from its market cap,” the report said.

The report also said EPF’s website showed that its investment value in equities dropped by RM5.63 billion, from RM344.35 billion in the fourth quarter of 2017 to RM338.72 billion in the first quarter this year.



72
Equities / Re: Spot KLCI Index
« Last post by king on Yesterday at 12:25:24 PM »



1732.39
73
Equities / Re: KLSE starting to collapse
« Last post by yeptw on Yesterday at 12:19:42 PM »
can it reach back the recent high of 0.245  :wonder: :wonder: :wonder:

FBMKLCI-H4P going up, now 0.220/0.225  :clap: :clap: :thumbsup: :thumbsup: :handshake: :handshake: :cash: :cash:
74
Equities / Re: KLSE starting to collapse
« Last post by ahbah on Yesterday at 11:58:22 AM »
SHENZEN plunge 4.2%
ShanghaiA 4.3%

Mkt in CRASH mode ! now  :sweat: :phew:

Lariiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii iiiiiiiiiiiiiiiiiiiii  :'( :'( :'(
75
Equities / Re: KLSE starting to collapse
« Last post by jjwong on Yesterday at 11:54:23 AM »
bought one lot of share just now...testing..
seller again is UBS !!!!

SHENZEN plunge 4.2%
ShanghaiA 4.3%
76
Equities / Re: Spot KLCI Index
« Last post by king on Yesterday at 11:48:20 AM »



1733.59
77
Equities / Re: Spot KLCI Index
« Last post by king on Yesterday at 11:42:35 AM »



1734.15
78
Equities / Re: DR KIM MQTECH IN DEEP S+H+I+T NOW! LOSE MONEY!
« Last post by DR KIM on Yesterday at 11:34:40 AM »
Dealer slapped with RM60,000 fine and 10-month suspension for manipulative trading

KUALA LUMPUR (Aug 21): JF Apex Securities Bhd dealer Wong Wing Haur was slapped with a RM60,000 fine and suspended from Bursa Malaysia Securities for 10 months for manipulative trading activities on six counters on Bursa Malaysia.

The counters include Asdion Bhd, Ire-Tex Corp Bhd, MQ Technology Bhd, as well as Nexgram Holdings Bhd together with two counters for Nexgram’s warrant A and warrant C, said Bursa Malaysia in a statement today.

“Wong had contravened and/or triggered the provisions of Rules 3.14(d), (e) & (g) and 5.01(b) of the Rules of Bursa Malaysia Securities and paragraph 1.1(1)(h) of Directives No. 5-001 of the Participating Organisations’ Directives and Guidance (POs’ Directives),” said Bursa Malaysia.

On top of the public reprimand by Bursa Malaysia, Wong was also required to undergo training on conduct or professionalism of dealer’s representatives, it added.

Wong was found to have manipulated trading activities in these counters via the trading accounts of four of his clients, in order to drive up or maintain share price as well as to generate false trading volume.

Bursa Malaysia said that Wong had also failed to make a proper assessment — and continued to facilitate — the clients’ manipulative trading activities over a period of time, acting as a mere order taker “which was not an acceptable conduct of a responsible registered person”.

“These manipulative trading activities had given rise to the creation of a false or misleading appearance of active trading in respect of the market for the price of the securities of the relevant counters,” said Bursa Malaysia.

“Bursa Malaysia Securities places strong emphasis on the need to maintain a fair and orderly market and will not tolerate any acts or practices which could lead to false trading, manipulative activities or compromise the integrity of the market,” it added.



DR KIM MQTECH IN DEEP S+H+I+T NOW! :sweat: :sweat: :sweat: :sweat: :sweat: :sweat: :sweat: :sweat: :sweat: :sweat: :sweat: :sweat: :sweat: :headbang: :headbang: :headbang: :headbang: :headbang: :headbang: :headbang: :headbang: :headbang:


RUNNNNNNNNNNNNNNNNNNNNNNNNN

ARGGGHHHHHHHHHHHHHHHHH :speechless: :S
79
Equities / Re: Spot KLCI Index
« Last post by king on Yesterday at 11:32:57 AM »



1734.55
80
Equities / Re: KLSE starting to collapse
« Last post by jjwong on Yesterday at 11:26:38 AM »
Yesterday outflow of money continues, $240m.
Breaking point is not very far away now

bought one lot of share just now...testing..
seller again is UBS !!!!
Pages: 1 ... 5 6 7 [8] 9 10