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2020-11-09 10:18 | Report Abuse
Share buyback approved too :)
Ordinary Resolution 10
Description Proposed Renewal Authority To Purchase Its Own Shares
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 82 1
No. of Shares 599,326,783 150
% of Voted Shares 99.9999 0.0001
Result Accepted
2020-11-09 10:15 | Report Abuse
Can you see the Rainbow otw? :)
Dayang plunging to ridiculous level
Koon Yew Yin Koon Yew Yin
8 months ago
Koon Yew Yin 17 March 2020
I have been watching Dayang plunging down like a hawk and I told all my close friends and relatives to sell all their holdings and hold cash.
It was at its peak Rm 2.95 on 21 March, about 4 weeks ago and it started plunging to close at 88 sen yesterday. It is most likely force selling will continue today. In fact, Coronavirus did not affect the share price because the pandemic started in December last year in Wuhan, China.
Our own political upheaval started about 1 month ago caused the panic selling. As a result, the price dropped so rapidly which caused margin call. The more they sold the more the price dropped which created more force selling. Force selling is a vicious cycle.
Yesterday it dropped 28 sen or 24.4 % to close at 88 sen. It looks like it will continue to drop today due to force selling. It has dropped to a ridiculous level thus creating a good buying opportunity.
2018 revenue Rm 937 million and EPS 17.2 sen
2019 revenue Rm 1,046 million and EPS 24.3 sen
88 sen divided by 24.3 = 3.6 P/E ratio
Last night Dow Jones crashed 2,997 points due to the spreading of the Coronavirus. The US investors are afraid that this pandemic will continue to spread for a long time.
Many countries already have Coronavirus. A few countries are shutting down their cities and a few are shutting down their schools.
Couple with the slump in oil price, all the major stock markets in the world are being depressed by Coronavirus.
As I am writing this piece, Dayang is dropping and within 30 minutes of trading it has dropped another 5 sen or 5.7% with more than 6 million shares traded.
Wah! Suddenly, it started to rebound. Currently many people are rushing to buy food and other necessary things due to the spread of Coronavirus in Malaysia. This bad news will continue to depress our local stock market further. No one know when it will stop dropping.
Investors who have buying power should carefully watch for Dayang to rebound and start buying Dayang. The best time to buy is at the pivoting point when it starts to change its down trend to up trend.
My advice: Remember after a storm, there is a rainbow. Every day you have 2 choices. You can choose to be happy or sad. You must forget the past and hope for a brighter future. Always choose to be happy.
2020-11-09 10:11 | Report Abuse
Brent oil price already recovered to usd40+++ today
2020-11-09 10:09 | Report Abuse
Oil demand will rebound sharply in 2021, surpassing ...
oil price rebound 2020 from www.businessinsider.com
14 Jul 2020 — The group's forecast for 2020 demand crept 200,000 barrels per day higher to 23.8 million barrels per day
2020-11-09 10:09 | Report Abuse
Oil stocks are trading at much lower levels compared to the start of the year. The S&P Energy Select Sector Index is down 37% year to date. The fall in energy stock prices pushed yields higher, making them extremely attractive.
2020-11-09 10:06 | Report Abuse
Would history repeat itself? :)
Dayang: Investment Banks buying aggressively
Koon Yew Yin Koon Yew Yin
7 months ago
Koon Yew Yin 3 April 2020
Yesterday the price shot up 20 sen from Rm 1.15 to close at Rm 1.35, with 64.8 million shares traded. As you know, the daily trading hours are from 9 am to 12.30 and from 2.30 to 5 pm, a total of 6 hours. If you divide 64.8 by 6 = 10.08 million shares traded in 1 hour. In the last couple of weeks, several tens of million shares were traded daily.
Only Investment Banks have so much money to buy so aggressively. Moreover, you cannot see any Investment Bank publish buy recommendation. They are happily buying and thousands of small of small ikan bilis are selling to cut loss.
I wish to point out that Public Invest published a buy recommendation which was carried by The Edge quote “Dayang Enterprise Holdings Bhd (Feb 5, M2.80)
Upgrade to trading buy with a target price of RM3.15: Dayang Enterprise Holdings Bhd is starting to make its presence felt internationally, clinching an umbrella contract in Thailand for the provision of modification works for Block B-17 & C-19 and Block B-17-01.” Unquote.
You can read the whole article which I posted a couple of days ago and you must not forget.
2020-11-09 10:02 | Report Abuse
Opportunity remerges?????
Dayang plunging to ridiculous level
Koon Yew Yin Koon Yew Yin
8 months ago
Koon Yew Yin 17 March 2020
I have been watching Dayang plunging down like a hawk and I told all my close friends and relatives to sell all their holdings and hold cash.
It was at its peak Rm 2.95 on 21 March, about 4 weeks ago and it started plunging to close at 88 sen yesterday. It is most likely force selling will continue today. In fact, Coronavirus did not affect the share price because the pandemic started in December last year in Wuhan, China.
Our own political upheaval started about 1 month ago caused the panic selling. As a result, the price dropped so rapidly which caused margin call. The more they sold the more the price dropped which created more force selling. Force selling is a vicious cycle.
Yesterday it dropped 28 sen or 24.4 % to close at 88 sen. It looks like it will continue to drop today due to force selling. It has dropped to a ridiculous level thus creating a good buying opportunity.
2020-11-09 09:58 | Report Abuse
Usd40++ today for Brent crude oil :) on recovery mode , most fund mgrs value it at RM1++
Order book ~rm4bil , cash ~rm450mil
ng- Forced selling is killing shareholders – KYY
10 Mar 2020 — Yesterday Dayang share price dropped 30% or 64 sen to limit down and at the close there ...
Imagekoonyewyin.com › 2020/03/08
Dayang: the worst is over – KYY
8 Mar 2020 — Koon yew Yin 8 March 2020. Practically all the listed shares including Dayang are affected ...
Imagekoonyewyin.com › 2020/04/03
Dayang: Investment Banks buying aggressively – KYY
3 Apr 2020 — Koon Yew Yin 3 April 2020. Yesterday the price shot up 20 sen from Rm 1.15 to close at Rm ...
Imagekoonyewyin.com › 2020/03/18
Dayang plunging to ridiculous level – KYY
18 Mar 2020 — I have been watching Dayang plunging down like a hawk and I told all my close friends and ...
2020-11-09 09:51 | Report Abuse
Orderbook amounts to RM3.8b as of 21 August 2020. Dayang’s orderbook as at 21st August 2020 amounts to RM3.8b (vs RM4.0b in June 2020) and this is expected to last Dayang until 2025. This is inclusive of the recent contract awarded by Sarawak Shell Berhad (SSB)and Sabah Shell Petroleum Company Limited (SSPC) for the provision of Topside Major Maintenance Services for SSB and SSPC. The contract value is estimated to be at about circa RM10.0m and is effective from 23rd July 2020 until end-2020.
Earnings impact. While we do not doubt that Dayang will stage a recovery in the second half of FY20 given that not only demand for crude petroleum and its related products are coming back onstream as a result of the easing of Covid-19 measures worldwide but second half is also typically, Dayang’s strongest period. However, the recovery in demand is expected to be gradual given that newly infected cases of Covid-19 remains elevated in countries where 60% of the world’s crude petroleum demand is coming from which could stunt demand recovery. This, in return is expected to impact work orders received and performed going into 2021. Hence, we are reducing Dayang’s FY21F earnings estimates by - 10.5% as we are expecting gradual recovery in work orders to be received.
Maintain NEUTRAL with a revised TP of RM1.27. All things considered; we are maintaining our NEUTRAL recommendation on Dayang with a revised target price of RM1.27 (from RM1.42 per share previously). Our TP is premised on a revised PER21 of 6.1x pegged to EPS21 of 20.8sen. Our revised target PER is based on the average of Dayang’s 5-year historical PER. We opine that this is fair given that: (i) all the positives have been priced in at this juncture; (ii) challenging operating environment for most oil and gas players following the global spread of Covid-19 which has stunted demand for crude oil and crude oil derivatives as well as; (iii) the oil price war that has resulted in the weakening of the oil price.
That said, we expect Dayang to emerge from the current volatile operating environment successfully given its: (i) improving profit margins on work orders; (ii) improving vessel utilization and financials by Perdana Petroleum and; (iii) strong and proven track record as one of the leading MCM service provider which we opine, will ensure a stable earnings trajectory for Dayang in FY20.
Source: MIDF Research - 24 Aug 2020
2020-11-09 09:31 | Report Abuse
Anymore ? Otw
Changes in Director's Interest (Section 219 of CA 2016)
DAYANG ENTERPRISE HOLDINGS BERHAD
Information Compiled By KLSE
Particulars of Director
Name DATUK LING SUK KIONG
Descriptions(Class) Ordinary shares
Details of changes
No
Date of change
No of securities
Type of transaction
Nature of Interest
1
11/03/2020
200,000
Acquired
Indirect Interest
Name of registered holder Joe Ling Siew Loung @ Lin Shou Long
Description of "Others" Type of Transaction
Consideration (if any) RM1.41 per share
2
11/03/2020
1,000,000
Acquired
Direct Interest
Name of registered holder Datuk Ling Suk Kiong
Description of "Others" Type of Transaction
Consideration (if any) RM1.44 per share
Circumstances by reason of which change has occurred Acquisition of shares in open market
Nature of interest Direct and Indirect Interest
Total no of securities after change
Direct (units) 81,579,763
Direct (%) 7.687
Indirect/deemed interest (units) 107,072,944
Indirect/deemed interest (%) 10.085
Date of notice 13/03/2020
Date notice received by Listed Issuer 13/03/2020
2020-11-09 09:28 | Report Abuse
Date Close Volume
06/11/2020 0.78 4,118,800
05/11/2020 0.785 11,984,600
04/11/2020 0.775 5,795,800
03/11/2020 0.765 3,186,400
02/11/2020 0.76 2,447,000
30/10/2020 0.75 6,506,200
28/10/2020 0.785 2,537,800
27/10/2020 0.80 4,798,800
26/10/2020 0.805 2,791,700
23/10/2020 0.835 2,429,900
22/10/2020 0.85 4,435,600
21/10/2020 0.865 9,405,100
20/10/2020 0.84 3,524,700
19/10/2020 0.855 3,578,700
16/10/2020 0.87 4,894,000
15/10/2020 0.885 3,434,200
14/10/2020 0.885 3,844,800
13/10/2020 0.90 2,909,400
12/10/2020 0.895 5,373,800
2020-11-09 09:26 | Report Abuse
Wow, book Order ~rm4bil in hand, safe for the coming few years ... syabas
Prospects
Looking ahead, we believe that the outlook in second half of 2020 will improve considerably as crude oil price has also stabilised at a healthy level which bodes well for the oil and gas industry. In addition, our order book remains strong at an estimated value of RM3.8 billion, which will ensure healthy earnings visibility over the next few years.
We will continue to be vigilant and exercise due care and prudence in the running and administration of the company’s business. We remain confident that our strong execution track record and a healthy balance sheet, will sustain the Group through this challenging period.
2020-11-09 09:23 | Report Abuse
~rm450mil cash , cash rich company
DAYANG ENTERPRISE HOLDINGS BHD Company No. 200501030106 (712243-U)
Condensed Consolidated Statement of Cash Flows
For the Second Quarter ended 30 June 2020 (Unaudited)
CASH FLOWS FROM OPERATING ACTIVITIES
Profit before tax
Adjustments for:-
- Non-cash items
- Non-operating items
Operating profit before changes in working capital Changes in working capital
Inventories
Trade and other receivables
Trade and other payables
Total changes in working capital
Cash generated from operations
Interest received
Income tax paid
Total interest and tax paid
Net cash generated from operating activities
CASH FLOWS FROM INVESTING ACTIVITIES Withdrawal of fixed deposits
Proceeds from disposal of property, plant and equipment Acquisition of property, plant and equipment
Net cash used in investing activities
CASH FLOWS FROM FINANCING ACTIVITIES Repayment of borrowings
Guarantee fee paid
Term loan interest paid
Coupon paid
Net cash used in financing activities
Net increase/(decrease) in cash and cash equivalents Effect of exchange rate movements
Cash and cash equivalents at the beginning of the period
Cash and cash equivalents at the end of the period
Breakdown of cash and cash equivalents at the end of the period:-
Short term deposits Cash and bank balances
Less: Deposits pledged as security Cash and cash equivalents
Page |5
Corresponding period-to-date (unaudited) 30-Jun-19 RM'000
63,924
53,386
43,583 160,893
(674) (35,087) (96,532) (132,293) 28,600 2,131 (18,993) (16,862) 11,738
1,661 - (12,360) (10,699)
(59,961) - (21,397) (10,881) (92,239) (91,200) (775)
195,649 103,674
44,967
63,130
108,097
(4,423) 103,674
Current period-to-date (unaudited) 30-Jun-20 RM'000
23,130
59,971
19,818 102,919
(114) 188,575 (67,129) 121,332 224,251 5,215 (34,014) (28,799) 195,452
- 6 (28,118) (28,112)
(17,642) (1,767) (3,297)
(20,500)
(43,206) 124,134 5,260
316,915 446,309
371,369 74,940 446,309 - 446,309
The Condensed Consolidated Statement of Cash Flows should be read in conjunction with the audited financial statements of the Group for the financial year ended 31 December 2019 and the accompanying notes attached to this interim financial report).
DAYANG ENT
2020-11-09 09:21 | Report Abuse
Dayang (Neutral, TP: RM1.25): Dayang Topaz incident. Dayang Enterprise Holdings is cooperating with the relevant authorities and its client in relation to the incident involving its oil and gas maintenance vessel Dayang Topaz. According to Dayang, its vessel has not sunk and is still seaworthy. (Bursa)
Comments: It was reported that Dayang Topaz rammed into the Baram B oil platform after its anchor cable broke in bad weather. While the damage caused had yet to be determined, we foresee there will be no significant impact to Dayang’s earnings. We understand that Dayang Topaz is working under Petronas’ MCM Package A (Offshore) for the Sarawak Oil contract of which the rates are already included in the lump sum contract. Dayang may likely need to find other vessel as a replacement once the project resumes, which should not be an issue given the availability of its other vessels, including Perdana Petroleum's. Current utilisation is between 55% and 65% with charter rates of around RM55,000 to RM70,000 per day. Maintain Neutral call at TP of RM1.25.
2020-11-09 09:20 | Report Abuse
OTHERS DAYANG TOPAZ INCIDENT
DAYANG ENTERPRISE HOLDINGS BERHAD
Type Announcement
Subject OTHERS
Description DAYANG TOPAZ INCIDENT
The Board of Directors of Dayang Enterprise Holdings Bhd regrets to inform that an incident occurred at one of our work site in Miri offshore in the early hours this morning. We are cooperating with the relevant authorities and our client in the rescue and recovery efforts. We wish to inform that the vessel, Dayang Topaz is not sunk and is still sea worthy. The vessel is adequately covered by insurance and the extent of the damage is yet to be determined.
We thank all those involved in the search and rescue operation including our client and all relevant authorities for their gallant efforts.
The announcement is dated 27 October 2020.
2020-11-09 09:18 | Report Abuse
52 Weeks Range: 0.71 - 3.01
Average Price Target: 1.22
Price Target Upside/Downside: +0.43
2020-11-09 07:17 | Report Abuse
Management buyouts are undertaken by management teams because they want to get the financial incentive for the company’s potential growth more explicitly than they can otherwise do so as employees.
2020-11-09 07:15 | Report Abuse
A management buyout (MBO) is a transaction where a company's management team purchases the assets and operations of the business they manage. A management buyout is appealing to professional managers because of the greater potential rewards and control from being owners of the business rather than employees.
Date of change Shares Director/
Substantial Shareholder
27 Oct 2020 Other
100,120,000 Mr Tan Sik Eek
27 Oct 2020 Acquired
50,120,000 Mr Yong Ket Inn
27 Oct 2020 Acquired
100,120,000 Mr Tan Sik Eek
27 Oct 2020 Other
50,060,000 Mr Tan Sik Eek
27 Oct 2020 Acquired
103,800,000 Miss Charissa Lim Zhu Ai
27 Oct 2020 Other
25,060,000 Mr Yong Ket Inn
27 Oct 2020 Other
50,120,000 Mr Yong Ket Inn
07 Jul 2020 Acquired
1,000,000 Mr Tan Sik Eek
07 Jul 2020 Acquired
1,000,000 Mr Yong Ket Inn
2020-11-09 06:41 | Report Abuse
Becoming a fintech player reported by reputable australian fintech news portal :)
NetX teams up with Finexia to roll out forex digital platform in Australia
NetX Holdings Bhd has teamed up with Finexia Securities Ltd, a licensed financial services firm in Australia, to roll out a currency exchange digital platform with in-built e-wallet functions.
The E-FX Platform was developed by NetX.
Under the deal, Finexia will be responsible to secure “as soon as possible” the fintech regulatory sandbox license from the Australian Securities and Investment Commission for the initial real market testing of the E-FX Platform.
NetX said the initial roll out and real market testing of the E-FX Platform will be carried out in Malaysia and Australia.
https://australianfintech.com.au/netx-teams-up-with-finexia-to-roll-out-forex-digital-platform-in-australia/
2020-11-09 06:22 | Report Abuse
Top management/insiders, too confident with netx, carried out mgmt buyout becoming the Controlling shareholders now. Action speaks Louder than words. How About u? Wang tak kenal orang :)
NETX Shareholding Changes
Date of change Shares Director/
Substantial Shareholder
27 Oct 2020 Other
100,120,000 Mr Tan Sik Eek
27 Oct 2020 Acquired
50,120,000 Mr Yong Ket Inn
27 Oct 2020 Acquired
100,120,000 Mr Tan Sik Eek
27 Oct 2020 Other
50,060,000 Mr Tan Sik Eek
27 Oct 2020 Acquired
103,800,000 Miss Charissa Lim Zhu Ai
27 Oct 2020 Other
25,060,000 Mr Yong Ket Inn
27 Oct 2020 Other
50,120,000 Mr Yong Ket Inn
07 Jul 2020 Acquired
1,000,000 Mr Tan Sik Eek
07 Jul 2020 Acquired
1,000,000 Mr Yong Ket Inn
2020-11-09 06:16 | Report Abuse
Becoming the most active stock traded today?
Last Friday, ranked number 4 most active stock. :)
Active Stocks
Stock Last Change Volume
('000)
AT 0.13 +0.01 1,055,369
KANGER 0.185 -0.015 270,166
IRIS 0.315 +0.01 240,987
NETX 0.14 +0.015 210,315
2020-11-09 06:11 | Report Abuse
Rebound is unstoppable. :)
52 wk Range
0.095 - 0.486
Date Close Volume
06/11/2020 0.14 210,315,400
05/11/2020 0.125 157,969,200
04/11/2020 0.115 170,114,300
2020-11-08 23:44 | Report Abuse
Nothing can stop it. now or never :)
ecent Prices
Date Open Range Close Change Volume
06/11/2020 0.125 0.12 - 0.15 0.14 +0.015 (12.00%) 210,315,400
05/11/2020 0.115 0.11 - 0.13 0.125 +0.01 (8.70%) 157,969,200
04/11/2020 0.10 0.10 - 0.12 0.115 +0.015 (15.00%) 170,114,300
2020-11-08 23:43 | Report Abuse
strong recovery esok kot :)
Date Price Open High Low Vol. Change %
Nov 20 0.140 0.105 0.150 0.095 210.32M 33.33%
Oct 20 0.105 0.150 0.175 0.105 164.66M -26.96%
Sep 20 0.144 0.291 0.389 0.140 161.90M 858.33%
Aug 20 0.015 0.010 0.025 0.010 4.71B 0.00%
Jul 20 0.015 0.010 0.015 0.005 1.63B 50.00%
Jun 20 0.010 0.010 0.015 0.005 1.15B 0.00%
May 20 0.010 0.010 0.015 0.010 279.91M 0.00%
Apr 20 0.010 0.010 0.015 0.005 800.55M 0.00%
Mar 20 0.010 0.020 0.020 0.005 503.48M -50.00%
Feb 20 0.020 0.015 0.025 0.015 416.80M 0.00%
Jan 20 0.020 0.020 0.025 0.015 328.23M 0.00%
Dec 19 0.020 0.020 0.025 0.015 209.62M 0.00%
Nov 19 0.020 0.020 0.025 0.015 845.78M 0.00%
Oct 19 0.020 0.010 0.025 0.010 1.32B 100.00%
Sep 19 0.010 0.015 0.015 0.005 541.17M -33.33%
Aug 19 0.015 0.015 0.020 0.010 1.01B 0.00%
Jul 19 0.015 0.015 0.020 0.010 1.41B 0.00%
Jun 19 0.015 0.015 0.015 0.010 32.67M 0.00%
May 19 0.015 0.015 0.020 0.010 51.32M 0.00%
Apr 19 0.015 0.020 0.020 0.015 64.93M 0.00%
Mar 19 0.015 0.015 0.020 0.010 101.01M -25.00%
Feb 19 0.020 0.020 0.020 0.015 13.51M 33.33%
Jan 19 0.015 0.020 0.020 0.015 51.34M -25.00%
Dec 18 0.020 0.020 0.025 0.010 60.18M 0.00%
2020-11-08 22:52 | Report Abuse
Another good news otw :)
Emicro Personal Loan - Micro Fast Loan - RinggitPlus
A personal loan for low income Malaysians to get by. Get up to RM10, 000 fast loan within the next 1 day with Emicro ...
Imagewww.pressreader.com › malaysia › t...
The Sun (Malaysia): 2020-10-14 - NetX unit to ...
14 Oct 2020 — ... NetX Holdings Bhd, through its subsidiary GEM Pay Sdn Bhd signed a letter of intention with Emicro .
2020-11-08 22:40 | Report Abuse
Rebounding , yin n yan, lawan arus, sendiri cari penyakit kot
52 wk Range
0.095 - 0.486
2020-11-08 22:37 | Report Abuse
Expecting netx becoming most active stock tomorrow :). Fingers crossed
2020-11-08 22:36 | Report Abuse
Stop arguing, let market forces decide tomorrow :)
2020-11-08 22:30 | Report Abuse
Date Close Volume
06/11/2020 0.14 210,315,400
05/11/2020 0.125 157,969,200
04/11/2020 0.115 170,114,300
03/11/2020 0.10 22,745,700
02/11/2020 0.10 15,774,400
30/10/2020 0.105 8,089,700
28/10/2020 0.12 653,000
27/10/2020 0.12 3,567,700
26/10/2020 0.115 2,413,300
23/10/2020 0.12 3,333,300
22/10/2020 0.13 6,231,200
21/10/2020 0.13 8,978,900
20/10/2020 0.14 4,131,700
19/10/2020 0.14 7,777,700
16/10/2020 0.14 7,777,700
15/10/2020 0.15 3,656,000
14/10/2020 0.15 14,174,900
13/10/2020 0.16 3,426,000
2020-11-08 22:08 | Report Abuse
Australia punya famous fintech news portal juga mau lapor, terkacak :)
https://australianfintech.com.au/netx-teams-up-with-finexia-to-roll-out-forex-digital-platform-in-australia/
2020-11-08 22:03 | Report Abuse
Esok, tahu lah, see investors dan traders make netx stock teraktif di bursa kot
2020-11-08 21:42 | Report Abuse
Hebat, reported by Australian fintech news portal :)
NetX teams up with Finexia to roll out forex digital platform in Australia
NetX Holdings Bhd has teamed up with Finexia Securities Ltd, a licensed financial services firm in Australia, to roll out a currency exchange digital platform with in-built e-wallet functions.
The E-FX Platform was developed by NetX.
Under the deal, Finexia will be responsible to secure “as soon as possible” the fintech regulatory sandbox license from the Australian Securities and Investment Commission for the initial real market testing of the E-FX Platform.
NetX said the initial roll out and real market testing of the E-FX Platform will be carried out in Malaysia and Australia.
2020-11-08 21:35 | Report Abuse
If netx becomes the most active stock tomorrow, many people Kutuk netx will commit suicide kot :)
2020-11-08 21:10 | Report Abuse
Uptrend to be continued :) fingers crossed
2020-11-08 18:45 | Report Abuse
Ya lah, esok naik dengan lagi hebat kot
2020-11-08 16:13 | Report Abuse
Classification netx, bukan? :)
Industry: Consumer Financial Services
Sector: Financial
2020-11-08 16:11 | Report Abuse
Technical Summary
Type Daily Monthly
Moving Averages Neutral Buy
Technical Indicators BUY Strong Buy
Summary Neutral Strong Buy
***consult your fund mgr :)
2020-11-08 16:07 | Report Abuse
tengok esok boleh pulih balik 20sen++ tak? :)
Biden is good news for the markets," Christopher Stanton, chief investment officer at Sunrise Capital Partners, said on Saturday. "We're all so tired of the whipsaw that came with the Trump tweets."
Major U.S. stock indexes registered their biggest weekly gains since April this week, as investors bet Biden would win and Republicans would hold onto the Senate. That scenario would create a steadier hand in the Oval Office and a Congress that would check left-leaning impulses on taxes or regulations that pinch companies, investors said.
2020-11-08 16:04 | Report Abuse
Barangkali, netx akan menduduki tempat pertama esok :)
Active Stocks - Last friday punya!!!!!!!!!!!!!!!!!!!!
Stock Last Change Volume
('000)
AT 0.13 +0.01 1,055,369
KANGER 0.185 -0.015 270,166
IRIS 0.315 +0.01 240,987
NETX 0.14 +0.015 210,315
BORNOIL 0.045 0.00 152,668
2020-11-08 16:02 | Report Abuse
strong rebound mulai esok kot? :) external factor juga menolong :)
Two main forces appear to be at work. First, while individual portfolios may vary, global benchmarks paused in recent months. The MSCI Asia Pacific Index was moving broadly sideways until last week. Europe's Dow Jones Stoxx 600 peaked in July and was at five-month lows at the end of October. The S&P 500 peaked in early September and finished October at the lower end of a three-month trading range.
It appeared that once the election passed, even if the results were not fully known, the pent up demand was expressed. The MSCI Asia Pacific Index rallied more than 6% last week to set new highs for the year. The Stoxx 600 had its best week since 20121, rising about 7.0% last week. The 7.3% rally of the S&P 500 was the best since the rebound in March and April.
The second consideration was the election itself. The conclusion, perhaps hastily drawn, was that the political outcome would temper the next stimulus's size, reduce the amount of Trump's tax cuts could be unwound, and dilute some of the strong positions that some saw as anti-business. Control of the Senate may be decided by run-off contests in early January. The Democratic majority in the House of Representatives was pared. It means that the general environment will be more pro-business than anticipated when the Blue Wave seemed a reasonable scenario.
2020-11-08 13:30 | Report Abuse
Malaysia Tech Month 2020 (#MTM2020) kicks off the this 10 November. Check out some of the panel discussions and talks happening during the kickoff event on 10 and 11 November. Interested? Register at https://mdec.my/mtm2020/
2020-11-08 12:22 | Report Abuse
Tengok mampu break it tak :)
As for KLCI stocks that are trading less than RM1 per share, the upper limit price is set at +30 sen, while lower limit price is capped at -15 sen.
2020-11-08 12:03 | Report Abuse
IT sector is the future :)
Belanjawan2021: Pemberian Komputer Riba Kepada 150 Ribu Murid Sekolah
Ia adalah projek dari Yayasan Hasanah.
By Nany Rahman — 06 Nov 2020, 06:26 PM
Seramai 150 ribu murid di 500 buah sekolah bakal menerima bantuan komputer riba tidak lama lagi
GLC dan GLIC akan menyumbang sebanyak 150 juta ringgit ke dalam Tabung CERDIK. Projek ini akan diselia oleh Yayasan Hasanah sebagai projek rintis.
Ianya sejajar dengan norma baharu, yang mana pembelajaran secara dalam talian sudah menjadi satu amalan.
2020-11-08 11:01 | Report Abuse
Surging in volume and price rigorously non-stop. Cheers!
The past 3 days' volume traded ~64% of total shares issued of netx.
Recent Prices
Date Open Range Close Change Volume (% of total issued shares)
06/11/2020 0.125 0.12 - 0.15 0.14 +0.015 (12.00%) 210,315,400 (~25%)
05/11/2020 0.115 0.11 - 0.13 0.125 +0.01 (8.70%) 157,969,200 (~19%)
04/11/2020 0.10 0.10 - 0.12 0.115 +0.015 (15.00%) 170,114,300 (~20%)
03/11/2020 0.10 0.095 - 0.11 0.10 0.00 (0.00%) 22,745,700 (~3%)
2020-11-08 10:53 | Report Abuse
Upon completion, surge non-stop probably :)
KUALA LUMPUR: Netx Holdings Bhdhas teamed up with Finexia Securities Ltd, a licensed financial services firm in Australia, to roll out a currency exchange digital platform with in-built e-wallet functions.
The E-FX Platform was developed by NetX.
2020-11-08 10:52 | Report Abuse
mikecyc, scenery, kenie --- judging by how persistent in you trying to encourage people to dispose the shares recently. Either you have lost a great deal of money in this counter, which you do not want to enter into the counter again, but at the same time you do not want other people to earn money from this counter as it will prove that your earlier decision was unwise, OR you know something that we don't.
************* Technology stocks are the best bets in the absence of a fresh fiscal stimulus. Lack of stimulus will significantly hurt reopening stocks like airlines, leisure travel, restaurants and bars, cinema hall and theater operators, theme parks and other entertainment segments.
2020-11-08 09:38 | Report Abuse
Govt providing impressive incentives for investors over next two years to attract investment — PM Muhyiddin
2020-11-08 09:37 | Report Abuse
Govt, together with private sector, will be planning in order to expedite digitalisation process and benefit SMEs — PM
2020-11-08 09:36 | Report Abuse
JENDELA — the National Digital Network Initiative — is a crucial investment to fill the connectivity void — PM
Stock: [DAYANG]: DAYANG ENTERPRISE HOLDINGS BHD
2020-11-09 10:20 | Report Abuse
RM3++ Fell to 70sen++ big Safety margin.., with all fund mgrs valued it Much higher above current price