Goldberg

6158967 | Joined since 2012-05-02

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Stock

2021-02-09 19:29 | Report Abuse

Per Edge- CEO Briefing
--------------------------------------------
Regardless of what the manipulative IBs say, the GLOVE sector is still the best sector to invest in.
Here's the reason why-

Rising NPLs ( Bad bank Loans) paint bleak picture of economic recovery-

1-Impaired loans creeping up every month in 4th qtr 2020
after loan moratorium ended Sept 30

2-NPLs reached 9-year high of RM28.7b end-2020
RM24.9b in Sept 2020 , NPL rose to RM25.7b in October ,RM27.8b and RM28.7b in Nov and Dec respectively

3-Ratio of NPL to total loans rose in tandem 0.84% in Sept 2020 to 0.87% in Oct, 0.95% in Nov and 0.99% in Dec

4-Household sector, wholesale, retail, restaurants, hotels , finance, tourism, gaming will be hardest hit and take years to fully recover.

Vaccines will not eradicate the pandemic- ie not a silver bullet per WHO as new variants spread worldwide.

Latest news on FDI in Malaysia. So much for recovery stocks. Glove is still the safest.

https://www.straitstimes.com/asia/se-asia/foreign-investment-in-malays...

Stock

2021-02-09 19:25 | Report Abuse

EVOLVING GLOBALLY- SUPER TO THE MAX.
---------------------------------------------
Supermax may ride on the Americans producing their own gloves

SUPERMAX Corp Bhd has found itself in a sweet spot as the US may contemplate using its Defence Production Act (DPA) to produce 12 billion gloves annually to reduce its reliance on imported personal protection equipment (PPE).

RHB Research reckoned that the glove maker stands a great chance of participating in this initiative.

“It (Supermax) has distribution channels through Aurelia Gloves in the US,” enthused analyst Alan Lim in a company update. “From its website, Aurelia Gloves stated that it has been the top provider of examination gloves in the North American market since 2000.”

As Supermax is also the glove manufacturer with a 26.2 billion pieces per annum (ppa) capacity, it could be able to participate in this DPA initiative, according to RHB Research.

In fact, the company has shared details of its plan to build a manufacturing facility in its 2Q FY2021 results announcement,” Lim pointed out.

At a media briefing by the White House COVID-19 Response Team and public health officials, the COVID-19 Supply Coordinators representative Tim Manning was quoted as saying:

“Right now, we just don’t have enough gloves; we’re nearly 100% reliant on overseas manufacturers to export to our country surgical gloves that protect healthcare workers, and that’s unacceptable.”

RHB Research expects positive news flow on this matter over the next three to six months.

“The company’s stronger earnings growth prospects in 3Q FY2021F and investors’ expectation of a special dividend should support its share price performance as well,” projected the research house.

All-in, RHB Research retained its “buy” rating on Supermax with an unchanged target price of RM12.60 premised on (i) positive news flow on its US glove manufacturing plant in the near term; (ii) earnings growth in 3Q FY2021F; and (iii) expectation of special dividends.

Stock

2021-02-09 14:30 | Report Abuse

CDC: Over 500 Deaths Now Following mRNA Experimental Injections – “Vaccine Hesitancy” Increasing

The CDC has done another data dump into the Vaccine Adverse Event Reporting System (VAERS), a U.S. Government funded database that tracks injuries and deaths caused by vaccines. The data goes through January 29, 2021, with 11,249 recorded adverse events, including 501 deaths following injections of the experimental COVID mRNA shots by Pfizer and Moderna. If you have done your own research and learned the facts surrounding these experimental mRNA COVID injections, which legally cannot even be defined as "vaccines", and have determined that it is not wise to risk being injected with these experimental products, I know first hand the ridicule and scorn you must be enduring right now. You probably have friends and family members who are attacking you, perhaps even viciously, because they are only relying on what the Government and Big Pharma, along with the corporate media, is reporting. I know what you are going through. As editor of Health Impact News, I get angry and threatening emails every day, from people who believe I am not fit to live, and that I should burn in hell for opposing vaccines. And many of them are "Christians." There is a clear plan in place to reduce the world's population, and the pro-vaccine crowd will be the quickest ones to die off and usher in The Great Reset, which may not end up being what the Globalists are planning, since God has his own "Great Reset" plan as well. So don't waste your time arguing with dead people. Have pity on them, and pray for them, while there is still time for them to repent. But be assured that you are in good company, if you are refusing these experimental mRNA COVID injections.

Stock

2021-02-09 14:10 | Report Abuse

Another Jewish Holocaust? Local Talk Radio Reports “Many Dying” in Israel Following Pfizer Experimental mRNA Injections

A man residing in Israel has gone public with a short video, where he plays a portion of a local talk radio program produced by Mordechai Sones on IsraelNewsTalkRadio.com. Mordechai begins his broadcast by reading the names of 28 people who have died following the Pfizer experimental COVID mRNA injections. The list begins with some elderly Rabbis, but also includes young people who had no existing health problems and died suddenly, including a 25-year-old woman. After reading these 28 names, Mordechai states: "The list continues, but cannot be brought here in its entirety due to time constraints." Mordechai goes on to state: "After succeeding Sunday in extending the current lockdown, this time until Friday, Prime Minister Binyamin Netanyahu repeated we will use the time to vaccinate another million Israelis." The Israeli man who posted this on YouTube states: "I made this short video with an audio broadcast of Mordechai Sones; so that I could pass on the information that many people here in Israel have been dying after receiving the Pfizer Covid-19 Vaccine. But none of this information seems to be making it into the mainline media. I am calling on everyone to pray and seek the Lord to have this evil thing stopped immediately."

https://vaccineimpact.com/

Stock

2021-02-09 12:48 | Report Abuse

Interesting Article- for DNEX investors not GAMBLERS.

https://klse.i3investor.com/blogs/kianweiaritcles/2021-02-09-story-h1541018023-

Whatever_it_is_DNEX_wins_felicity.jsp

Stock

2021-02-09 10:56 | Report Abuse

Who is this delusional GAMBLER ?

You are Just a GAMBLER- stay away from Fundamentally solid counters- Just go to your charts
and start GAMBLING.

WHY are you here anyway ? U are in the wrong forum- Stick to your XOX.

Just a GAMBLING Sifoool.

SUPERMAX is for INVESTORS not Gamblers.

An advise - Always respect your elders- theres no point cursing KYY- it will only reflect your poor upbringing.
----------------------------------------------
Posted by Marketsifu > Feb 9, 2021 9:55 AM | Report Abuse

After so many months (Started March 2020) of experience trading in stock Market, I think feel very proud of my self. Maybe God give me talent. Many friends & relative call me SIFU range because from last year I already told my friends don't buy glove counter. If you got 100% fund all buy in 1 stock (all in) at penny stock like XOX, Vivocom, AT. NEVER EVER BUY FUNDAMENTAL STOCK BUT NO TREND such as glove.

News & Blogs

2021-02-09 10:03 | Report Abuse

SUPERMAX -will Evolve Globally to a leading GLOVE Company in the world.- The Pride of Malaysia.

Absolutely undervalued now due to MANIPULATION by IBs - issuers of Call Warrants & RSS- SHORTIES- JPM.

Good to accumulate at these attractive prices.

Stock

2021-02-09 09:53 | Report Abuse

Sooner or later the SHORTIES will be ROASTED- They re running out of time and shares to short sell. The paid TROLLS /DOGS will also be sent to the abattoir.

Stock

2021-02-09 08:54 | Report Abuse

It’s going to take 7 years to get back to ‘normal’
---------------------------------------------
Bloomberg has built the biggest database of Covid-19 vaccines given around the world and, by their calculations, it will take seven years. Number-crunchers at the publication say it will take that long to reach leading US doctor Anthony Fauci’s estimate for the herd immunity threshold of 75 per cent of people inoculated globally. 7 years and that is best case scenario to get to 75% global herd immunity.

Stock

2021-02-09 08:46 | Report Abuse

EVOLVING GLOBALLY- SUPERMAX
--------------------------------------
SUPERMAX Corp Bhd has found itself in a sweet spot as the US may contemplate using its Defence Production Act (DPA) to produce 12 billion gloves annually to reduce its reliance on imported personal protection equipment (PPE).

RHB Research reckoned that the glove maker stands a great chance of participating in this initiative.

“It (Supermax) has distribution channels through Aurelia Gloves in the US,” enthused analyst Alan Lim in a company update. “From its website, Aurelia Gloves stated that it has been the top provider of examination gloves in the North American market since 2000.”

As Supermax is also the glove manufacturer with a 26.2 billion pieces per annum (ppa) capacity, it could be able to participate in this DPA initiative, according to RHB Research.

In fact, the company has shared details of its plan to build a manufacturing facility in its 2Q FY2021 results announcement,” Lim pointed out.

At a media briefing by the White House COVID-19 Response Team and public health officials, the COVID-19 Supply Coordinators representative Tim Manning was quoted as saying:

“Right now, we just don’t have enough gloves; we’re nearly 100% reliant on overseas manufacturers to export to our country surgical gloves that protect healthcare workers, and that’s unacceptable.”

RHB Research expects positive news flow on this matter over the next three to six months.

“The company’s stronger earnings growth prospects in 3Q FY2021F and investors’ expectation of a special dividend should support its share price performance as well,” projected the research house.

All-in, RHB Research retained its “buy” rating on Supermax with an unchanged target price of RM10.60 premised on (i) positive news flow on its US glove manufacturing plant in the near term; (ii) earnings growth in 3Q FY2021F; and (iii) expectation of special dividends.

Stock

2021-02-08 23:15 | Report Abuse

SilTerra : A Pure-Play Global Semiconductor Foundry Based in Malaysia
------------------------------------------------------------------------
SilTerra is a 200mm semiconductor wafer foundry, offering CMOS fabrication processes for integrated circuits (ICs) in Advanced Logic, Mixed Signal & Radio Frequency and High Voltage applications.

Today, as industry convergence continues to shape the future of nanoelectronics in healthcare, life sciences, mobility and connectivity, SilTerra is collaborating with partners and customers to develop what will be tomorrow’s connected technologies.

By building on its current process technologies, SilTerra has progressed into more advanced technology areas such as Silicon Photonics, Bio-photonics, MEMS on CMOS, Galium Nitride(GaN), BC​D and Discrete Power – also known as “More-than-Moore” technologies.

SilTerra has been working with customers to develop and launch leading-edge products such as bio-sensors, DNA sequencing chips, next-generation fingerprint sensors, micro-mirror displays and ultra low-power chips for applications in IOT, consumer electronics, data communications, industrial automation, healthcare and automotive segments. SilTerra’s advances in the field of power management and high efficiency power devices have enabled our customers to address green technology requirements in the mobility and industrial automation markets.

Globally ranked 16th by IC Insights in the category of pure-play foundries, SilTerra’s leadership in the industry is the result of years of developing local skills as well as nurturing strategic partnerships.

Stock

2021-02-08 20:45 | Report Abuse

DNeX, Chinese partner outline nearly RM1bil turnaround plans for SilTerra
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KUALA LUMPUR: Dagang NeXchange Bhd has outlined short, medium and long-term plans to transform SilTerra Malaysia Sdn Bhd.

Sources said DNeX and consortium partner Beijing CGP Investment Co Ltd, in their updated bid presented to Khazanah Nasional Bhd, planned to invest nearly RM1 billion in the troubled government-owned semiconductor firm by 2023.

The companies would first focus on business, financial and operational turnaround of SilTerra over 24 months, they added.

Over the medium term of two to five years, the DNeX-Beijing CGP consortium will encourage interest in electrical and electronics (E&E) and semiconductor sectors via a RM150 million innovation fund.

The consortium will also form a strategic partnership with national applied research and development centre Mimos Bhd to invigorate interest in the semiconductor and E&E sectors.

The partnership will allow SilTerra to focus on its commercial fabrication activities while Mimos can focus its strength as industry enabler in the areas of R&D and tech development, engineering, experimental FAB and small scale production.


The long-term plan of up to 10 years will entail efforts to position SilTerra as the nation's Unicorn and to leverage on its unique's position to build semiconductor industry eco-system witn the help of Beijing CGP and its limited partners' network of semiconductor companies.

Stock

2021-02-08 17:42 | Report Abuse

DNeX, Chinese partner outline nearly RM1bil turnaround plans for SilTerra
--------------------------------------------------------------

By Zuraimi Abdullah - December 8, 2020


Sources said DNeX and consortium partner Beijing CGP Investment Co Ltd, in their updated bid presented to Khazanah Nasional Bhd, planned to invest nearly RM1 billion in the troubled government-owned semiconductor firm by 2023.

Over the medium term of two to five years, the DNeX-Beijing CGP consortium will encourage interest in electrical and electronics (E&E) and semiconductor sectors via a RM150 million innovation fund.

The partnership will allow SilTerra to focus on its commercial fabrication activities while Mimos can focus its strength as industry enabler in the areas of R&D and tech development, engineering, experimental FAB and small scale production.

The long-term plan of up to 10 years will entail efforts to position SilTerra as the nation's Unicorn and to leverage on its unique's position to build semiconductor industry eco-system witn the help of Beijing CGP and its limited partners' network of semiconductor companies.

"SilTerra can be Malaysia's US$1 billion Unicorn for technology companies by 2025. With production achieving near designed capacity for SilTerra's FAB-1 of 40,000 wafers per month (wpm) and FAB-1E of up to 10,000 wpm, revenue can increase to US$300 million with a net profit of US$75 million at a valuation at US$1.5 billion," a source said.

The initial proposal from DNeX and Beijing CGP was focused on planning and executing SilTerra's turnaround with a total investment of RM846 million.

"The DNeX-Beijing CGP proposal is expected to bring significant socio-economic impact to the development of semiconductor industry in Malaysia," the source said.

DNeX's 60 per cent stake in the consortium represented the highest Malaysian and Bumiputra equity content compared to other bidders, ensuring that SilTerra remain in the local hands, the source added.

Stock

2021-02-08 17:15 | Report Abuse

theedgemarkets.com

February 08, 2021 13:52 pm +08

DNeX-led consortium wins bid for Khazanah's SilTerra

KUALA LUMPUR (Feb 8): A consortium led by Dagang NeXchange Bhd (DNeX) has won the bid to acquire semiconductor fabricating company SilTerra Malaysia Sdn Bhd from Khazanah Nasional Bhd.

The Edge reported on Jan 11 that DNeX offered a total of RM470 million for the acquisition of a 100% stake in the Kulim-based chip foundry, in which it will hold 60% and its partner Beijing CGP Investment Co Ltd 40%.

Stock

2021-02-08 16:39 | Report Abuse

Khazanah accepts bid by DNeX group for Silterra

CORPORATE NEWS
Monday, 08 Feb 2021


Khazanah Nasional Bhd has accepted the bid by Dagang Nexchange Bhd (DNeX) to acquire the entire stake of its loss-making wafer foundry Silterra Sdn Bhd but the question remains is the price tag.

KUALA LUMPUR: Khazanah Nasional Bhd has accepted the bid by Dagang Nexchange Bhd (DNeX) to acquire the entire stake of its loss-making wafer foundry Silterra Sdn Bhd but the question remains is the price tag.

In a statement to Bursa Malaysia on Monday, DNeX said the national sovereign wealth fund had accepted the bid last Friday.

“Acceptance of the bid is still subject to strict confidentiality with Khazanah and no further details of the bid can be publicly disclosed until the signing of the definitive agreement, ” it said.

DNeX said it would make the necessary announcements on a timely basis in accordance with the Listing Requirements when there is any material development or when the definitive agreement has been entered into.

StarBizWeek reported DNeX was the frontrunner for Silterra but it was asked to match the bid price of Nuglobal Ventures Sdn Bhd (NGV).

Stock

2021-02-08 16:35 | Report Abuse

Khazanah chose DNEX to partnered with a formidable Chinese party. Brilliant !

Stock

2021-02-08 16:31 | Report Abuse

The CHINA partner will assist with R&D - a quick turnaround is not a problem with Chinese technology.

Stock

2021-02-08 16:19 | Report Abuse

Don't take profits too early- 80cts no problem- buy and HOLD

Stock

2021-02-08 16:16 | Report Abuse

US funds accumulating slowly.

Stock

2021-02-08 16:01 | Report Abuse

China hedge funds bro.

Stock

2021-02-08 15:56 | Report Abuse

China funds may be accumulating as current prices are attractive.

Stock

2021-02-08 15:49 | Report Abuse

This is the CATALYST for turnaround- The CHINA factor.

DNEX outline RM1bil turnaround plan for Silterra including future contract from China arrange by partner 40% sharing as well utilised relationship with mimos.CGP proxy for the Chinese IC industry. Among its investee companies is Semiconductor Manufacturing International Corp.

Stock

2021-02-08 15:39 | Report Abuse

The global chip shortage is hurting businesses and could be a national security issue. Here are 9 quotes that help explain what that means for the market.

Will Daniel
Feb. 7, 2021, 02:45 PM


The semiconductor industry is facing serious supply issues as global demand spikes.
The modern world relies on semiconductors for everything from working at home to military applications.

Every time you step into a car or send an email, you're using semiconductors. So, when the global supply of these precious chips begins to wane, it can be a big problem.

Take the auto industry as an example. These days, electronics account for roughly 40% of a vehicle's value, according to a comprehensive analysis from Deloitte. And in order for those electronics to function properly, automakers need semiconductors. Without them, production lines stall, and supply can't keep up with demand.

Over the past few months, it's become clear that there is a global shortage of semiconductors. Some blame the problem on poor planning, supply-chain complexities, and a tradition of keeping chip inventories low in key industries due to expense.

Stock

2021-02-08 15:28 | Report Abuse

Silterra acquisition

DNEX outline RM1bil turnaround plan for Silterra including future contract from China arrange by partner 40% sharing as well utilised relationship with mimos.CGP proxy for the Chinese IC industry. Among its investee companies is Semiconductor Manufacturing International Corp.
Compared:
Foxconn 125mil usd with objective of using silterra as entrance into wafer foundry biz
xfab 70mil usd expanding network to asean region
green packet 56mil usd and expose to large network of semiconductor at asiahub bla bla bla...

wafer foundry biz already rare business with more than 1 billion to start up, highly experience and very long time taken needed. Malaysia is lucky enough for started up early venturing into what silterra today. foxconn also believe that by purchasing at 125mil usd is consider cheap because cost of startup itself is more than billion.

During 2016, khazanah once almost to inject 50% silterra and projected price surging at RM7.50.

http://www.sharetisfy.com/2016/01/aemulus-0181-injection-of-silterra-into.html

Dnex itself had proven track record on turnaround loss making time engineering.

Stock

2021-02-08 15:16 | Report Abuse

SilTerra : Enabling Tomorrow

A Pure-Play Global Semiconductor Foundry


We are a Global Semiconductor Foundry
We are continuously innovating to bring leading-edge semiconductor solutions that will transform the world

Globally ranked 16th by IC Insights in the category of pure-play foundries, SilTerra strives to provide outstanding technologies and services to our customers.

Our leadership in advanced semiconductor wafer processing sets the stage to bring transformation in consumer electronics,next generation data communications networks, industrial, medical technologies and mobility.

SilTerra is proudly owned by Khazanah Nasional Berhad, the investment holding arm of the Government of Malaysia.

Stock

2021-02-07 23:50 | Report Abuse

"A Wake-Up Call" - AstraZeneca Jab Fails To Prevent Mutated COVID Strain From South Africa

BY TYLER DURDEN
SUNDAY, FEB 07, 2021 - 8:45

After data was shared last week suggesting that the AstraZeneca-Oxford COVID vaccine is substantially less effective against the new COVID variant first isolated in South Africa, it looks like more questions about the efficacy of the first wave of vaccines are about to be raised, as the FT warns of a new study showing that the AZ vaccine is even less effective against the SA variant than initially believed, and often fails to prevent infections involving the new strain.

Stock

2021-02-06 15:33 | Report Abuse

SUPERMAX - one of the leading suppliers of PPEs to the Canadian Government- Glove contract Allocation

1.12 Supermax Healthcare Canada Ltd. $222,263,152.32- Canadian Dollars

https://www.tpsgc-pwgsc.gc.ca/comm/aic-scr/contrats-contracts-eng.html#table

Stock

2021-02-06 14:37 | Report Abuse

SUPERMAX set to announce a lucrative deal with the Biden Administration soon.
--------------------------------------------------------------------------------
Tim Manning, supply coordinator for the White House’s coronavirus response, said the new administration will expand the priority ratings to include more personal protective equipments.

Manning said the federal government would use the Defense Production Act to spur domestic manufacturing of surgical gloves, for which the country is currently almost ENTIRELY dependent on overseas suppliers.

“That’s unacceptable, and we’re using all of our authorities to fix it,” he said.

Manning said the government would HELP build plants to make the raw materials needed for the gloves, as well as FACTORIES that would produce the gloves themselves. By year’s end, he said, the country would be able to produce more than 1 billion surgical gloves a month — enough to satisfy about HALF of all American health-care demands.

In the meantime SUPERMAX mentioned that it has set aside a capital expenditure of US$550 for its massive factory in Delaware-USA.

Supermax said Plant #18 in USA would kick-start in 1H2021 and target to commission in stages starting 1H2022.


https://www.washingtonpost.com/health/2021/02/05/biden-vaccines-tests-gloves/

News & Blogs

2021-02-06 12:09 | Report Abuse

Per Edge- CEO Briefing - dated 5th Feb 2021-
--------------------------------------------
Regardless of what the manipulative IBs say, the GLOVE sector is still the best sector to invest in.
Here's the reason why-

Rising NPLs ( Bad bank Loans) paint bleak picture of economic recovery-

1-Impaired loans creeping up every month in 4th qtr 2020
after loan moratorium ended Sept 30

2-NPLs reached 9-year high of RM28.7b end-2020
RM24.9b in Sept 2020 , NPL rose to RM25.7b in October ,RM27.8b and RM28.7b in Nov and Dec respectively

3-Ratio of NPL to total loans rose in tandem 0.84% in Sept 2020 to 0.87% in Oct, 0.95% in Nov and 0.99% in Dec

4-Household sector, wholesale, retail, restaurants, hotels , finance, tourism, gaming will be hardest hit and take years to fully recover.

Vaccines will not eradicate the pandemic- ie not a silver bullet per WHO as new variants spread worldwide.

Latest news on FDI in Malaysia. So much for recovery stocks. Glove is still the safest.

https://www.straitstimes.com/asia/se-asia/foreign-investment-in-malays...

Stock

2021-02-06 12:05 | Report Abuse

https://www.straitstimes.com/asia/se-asia/foreign-investment-in-malays...

Latest news on FDI in Malaysia. So much for recovery stocks. Glove is still the safest.

Stock

2021-02-06 11:55 | Report Abuse

Regardless of what the manipulative IBs say, the GLOVE sector is still the best sector to invest in for many many years to come.

5ht Feb-KL

Here's the reason why-

Rising NPLs ( Bad bank Loans) paint bleak picture of economic recovery-

1-Impaired loans creeping up every month in 4th qtr 2020
after loan moratorium ended Sept 30

2-NPLs reached 9-year high of RM28.7b end-2020
RM24.9b in Sept 2020 , NPL rose to RM25.7b in October ,RM27.8b and RM28.7b in Nov and Dec respectively

3-Ratio of NPL to total loans rose in tandem 0.84% in Sept 2020 to 0.87% in Oct, 0.95% in Nov and 0.99% in Dec

4-Household sector, wholesale, retail, restaurants, hotels , finance, tourism, gaming will be hardest hit and take years to fully recover.

Vaccines will not eradicate the pandemic- ie not a silver bullet per WHO as new variants spread.

News & Blogs

2021-02-06 10:02 | Report Abuse

KL (Feb 5):

Rising NPLs ( Bad bank Loans) paint bleak picture of economic recovery-
-------------------------------------------------------------------

1-Impaired loans creeping up every month in 4th qtr 2020
after loan moratorium ended Sept 30

2-NPLs reached 9-year high of RM28.7b end-2020
RM24.9b in Sept 2020

3-NPL rose to RM25.7b in October

4-RM27.8b and RM28.7b in Nov and Dec respectively

5-Ratio of NPL to total loans rose in tandem
0.84% in Sept 2020 to 0.87% in Oct, 0.95% in Nov and 0.99% in Dec

6-Household sector, wholesale, retail, restaurants, hotels , finance, tourism, gaming will be hardest hit and take years to fully recover.

Vaccines will not eradicate the pandemic- ie not a silver bullet per WHO as new variants spread.

GLOVE sector is still the best for many many years to come.

Stock

2021-02-05 20:52 | Report Abuse

KL (Feb 5):

Rising NPLs ( Bad bank Loans) paint bleak picture of economic recovery
------------------------------------------------------------------- --

1-Impaired loans creeping up every month in 4th qtr 2020
after loan moratorium ended Sept 30

2-NPLs reached 9-year high of RM28.7b end-2020
RM24.9b in Sept 2020

3-NPL rose to RM25.7b in October

4-RM27.8b and RM28.7b in Nov and Dec respectively

5-Ratio of NPL to total loans rose in tandem
0.84% in Sept 2020 to 0.87% in Oct, 0.95% in Nov and 0.99% in Dec

6-Household sector, wholesale, retail, restaurants, hotels , finance, tourism, gaming will be hardest hit and take years to fully recover.

Vaccines will not eradicate the pandemic- ie not a silver bullet per WHO as new variants spread.

GLOVE sector is still the best for many many years to come.

Stock

2021-02-05 20:41 | Report Abuse

KL (Feb 5):

Rising NPLs ( Bad bank Loans) paint bleak picture of economic recovery-
-------------------------------------------------------------------

1-Impaired loans creeping up every month in 4th qtr 2020
after loan moratorium ended Sept 30

2-NPLs reached 9-year high of RM28.7b end-2020
RM24.9b in Sept 2020

3-NPL rose to RM25.7b in October

4-RM27.8b and RM28.7b in Nov and Dec respectively

5-Ratio of NPL to total loans rose in tandem
0.84% in Sept 2020 to 0.87% in Oct, 0.95% in Nov and 0.99% in Dec

6-Household sector, wholesale, retail, restaurants, hotels , finance, tourism, gaming will be hardest hit and take years to fully recover.

Vaccines will not eradicate the pandemic- ie not a silver bullet per WHO as new variants spread.

GLOVE sector is still the best for many many years to come.

Stock

2021-02-05 15:01 | Report Abuse

BREAKING NEWS-

When Will Life Return to Normal? In 7 Years at Today's Vaccine Rates
---------------------------------------------------------------------
By Tom Randall
February 5, 2021, 3:52 AM GMT+8 Updated on February 5, 2021

When will the pandemic end? It’s the question hanging over just about everything since Covid-19 took over the world last year. The answer can be measured in vaccinations. Our new calculator shows how long it will take states and countries to vaccinate 75% of their populations

Bloomberg has built the biggest database of Covid-19 shots given around the world, with more than 119 million doses administered worldwide. U.S. science officials such as Anthony Fauci have suggested it will take 70% to 85% coverage of the population for things to return to normal. Bloomberg’s Vaccine Tracker shows that some countries are making far more rapid progress than others, using 75% coverage with a two-dose vaccine as a target.

https://www.bloomberg.com/news/articles/2021-02-04/when-will-covid-pan...

Stock

2021-02-05 15:00 | Report Abuse

BREAKING NEWS-

When Will Life Return to Normal? In 7 Years at Today's Vaccine Rates
---------------------------------------------------------------------
By Tom Randall
February 5, 2021, 3:52 AM GMT+8 Updated on February 5, 2021

When will the pandemic end? It’s the question hanging over just about everything since Covid-19 took over the world last year. The answer can be measured in vaccinations. Our new calculator shows how long it will take states and countries to vaccinate 75% of their populations

Bloomberg has built the biggest database of Covid-19 shots given around the world, with more than 119 million doses administered worldwide. U.S. science officials such as Anthony Fauci have suggested it will take 70% to 85% coverage of the population for things to return to normal. Bloomberg’s Vaccine Tracker shows that some countries are making far more rapid progress than others, using 75% coverage with a two-dose vaccine as a target.

https://www.bloomberg.com/news/articles/2021-02-04/when-will-covid-pandemic-end-near-me-vaccine-coverage-calculator

Stock

2021-02-05 14:28 | Report Abuse

@SaveMsiaFromPHGov- Well done Bro- Just F all the pathetic TROLLS.

News & Blogs

2021-02-05 10:05 | Report Abuse

These ANALYST REPORTS by IBs are written -under the command of their Big Bosses essentially for manipulation purposes as opposed to investment.

A ' caveat emptor' must be attached to these 'toxic' reports esp the ones by JPM.

So readers beware !

Stock

2021-02-05 09:56 | Report Abuse

These ANALYST REPORTS by IBs are written -under the command of their Big Bosses essentially for manipulation purposes as opposed to investment.

A ' caveat emptor' must be attached to these 'toxic' reports esp the ones by JPM.

So readers beware !

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Posted by Consultant > Feb 5, 2021 9:28 AM | Report Abuse

Very good article Goldberg..

Exactly what do u think those IB are?
They are just opening their mouth.. and trying to con people..
To tell them to run a business? Probably bankrupt in months..

Lol to these IBs

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2021-02-04 20:21 | Report Abuse

@SaveMsiaFromPHGov > Good job bro- CHASE all the F TROLLS - Paid to Spew rubbish all day and night.

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2021-02-04 20:20 | Report Abuse

@SaveMsiaFromPHGov > Good job bro- CHASE all the F TROLLS - Paid to Spew rubbish all day and night.

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2021-02-04 17:07 | Report Abuse

@SaveMsiaFromPHGov - WELL DONE BRO. YUP JUST F THE PATHETIC TROLLS.

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2021-02-04 17:06 | Report Abuse

A WONDERFUL FIGHT AGAINST THE SHORTIES - SUPERMAX EXCELLED TODAY WINNING THE BATTLE.

THE SHORTIES TURNED GREEN & TOOTHLESS TODAY LIKE THEIR TROLLS IN THIS FORUM.

TOMORROW WE ROAST THEM.

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2021-02-04 16:54 | Report Abuse

VERY WELL DEFENDED COMRADES- TOMORROW WE CONTINUE THE FIGHT AND CONSIGN THE SHORTIES ESP JP MORGAN TO THE SEPTIC TANK.

OUR STRENGTH AND UNITY WILL DEFEAT THE CROOKS AND THEIR TROLLS.

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2021-02-04 14:37 | Report Abuse

Bro, the naysaying clowns are running scared- kipidup. !

Posted by SaveMsiaFromPHGov > Feb 4, 2021 2:20 PM | Report Abuse

Posted by ConfirmRunFirst > Feb 4, 2021 2:13 PM | Report Abuse

World covid cases is dropping
Glove end game
GloveStop

Run first

===========!

Go run first to your own arse & fuggkk yourself

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2021-02-04 14:27 | Report Abuse

A big wellcome Jim to this forum, Pls get Uncle Warrant to SAPU Supermax to the MAX ya and send the barking hyenas to a zoological park.

Huat arr.

Posted by JimRogers > Feb 4, 2021 2:13 PM | Report Abuse

I'm the legendary investor Jim Rogers, warrant buffet is my friend, we have been monitoring Supermax for long long time.

we were shocked by Supermax...such a damn good company... we see the potential as high as Tesla, we will allocate 5% of our global fund to all in Supermax at appropriate price... so please drop more.