Between AirAsia/aax and tune protect, I rather choose tune protect, still profitable even for Q1,2020. Results for Q2,2020 could give us a surprise due to unrealised investment gains in many markets

I think unrealised investment losses will become unrealised investment gains due to bull run in many markets in Q2,2020

The Group’s 1Q2020 overseas ventures recorded a share of loss of RM1.9 million, versus
a share of profit of RM1.0 million in 1Q2019. The decline is mainly due to unrealised
investment losses by Tune Protect Thailand (‘TPT’), the Group’s associate company in
Thailand, and the lower premiums from Tune Protect EMEIA (‘TP EMEIA’), the Group’s
joint venture company in Dubai, the United Arab Emirates.
“The COVID-19 outbreak has affected many businesses and industries globally, and
Tune Protect was not spared. However, the Group remains resilient with a healthy capital
position and adequate liquidity to weather the uncertainties that lie ahead.” said Khoo Ai
Lin (‘Ai Lin’), Group Chief Executive Officer of Tune Protect.
Tune Protect Recovery Plan 2020
The Group has put together a comprehensive recovery plan to address the impact caused
by the pandemic. The plan focuses on three sections: Immediate interventions on current
business; Re-prioritise line-of-business, channel and partner diversification; and Expand
offerings and solutions focusing on the new normal.
Immediate interventions on current business: The Group is closely managing its
receivables and expenses as well as optimising its investment returns by planned asset
reallocation.
Re-prioritise line-of-business, channel and partner diversification: The recovery
focus will be on driving the preferred business segments of key agents and brokers
businesses, as well as expediting digital and affinity partnerships.
Expand offerings and solutions focusing on the new normal: New products and
solutions that meet market’s demand, particularly in areas that address consumers’
preventive, protective, and lifestyle propositions are in the plan. Together with its airline
partners, plans are also underway to expand travel protection to align with the enhanced
safety requirements of the travel sector.
“The COVID-19 situation has reshaped human behaviour with consumers preference
leaning on a more digital-led recovery. The new normal for the insurance sector will be
technology and protection coming together as a complete solution to customers. Despite
a negative shorter-term outlook, I believe that in the longer term, given our aspiration of becoming the leading digital insurer, Tune Protect is poised to navigate our way through
successfully in a digital environment,” Ai Lin concluded.

Tune Protect Remains Resilient in 1Q2020
Staying steadfast with Recovery Plan
KUALA LUMPUR, 22 May 2020 - Tune Protect Group Berhad (‘Tune Protect’ or ‘the
Group’; TUNEPRO, 5230) posted a Profit After Tax (‘PAT’) of RM2.8 million with
Operating Revenue (‘OR’) of RM122.4 million and Gross Written Premiums (‘GWP’) of
RM113.2 million for the first quarter of 2020 (‘1Q2020’). The Group’s PAT and OR
declined by 86.2% and 3.4% respectively while its GWP decreased 3.8% YoY.
The lower 1Q2020 PAT is a factor of the decrease in travel business, lower underwriting
profit and unrealised investment loss due to weaker performance in the fixed income
market, whilst the drop in GWP is partly due to a decline in its travel business recorded
by Tune Protect Re (‘TPR’), the Group’s reinsurance arm, aligned to the reduction in air
travel demand, and a decrease in the Motor line of business recorded by Tune Protect
Malaysia (‘TPM’), the Group’s Malaysian General Insurance subsidiary.
Reduced Air Travel Demand Weighed on TPR
TPR managed to record a PAT of RM7.8 million in 1Q2020, despite the challenging
business environment caused by the COVID-19 pandemic. On a YoY basis, TPR’s PAT
declined by 37.8%, attributed to lower travel demand in Asia and Middle East. However,
on a quarter-on-quarter (QoQ) basis, TPR’s 1Q2020 PAT was 26% higher.
Meanwhile, TPR posted a 1Q2020 GWP of RM17.8 million, a decrease of 22.9% YoY.
The decrease in premium was a result of the reduced performance of the Travel business
and the lower premium retention for the Malaysian market.
TPM and Overseas Ventures Impacted by Investment Income
TPM recorded a minor decrease in GWP by 2% to RM98.2 million compared to the same
period a year ago, mainly due to the lower Travel Personal Accident (TPA) and Motor
portfolios, partially offset by the growth in the commercial and retail Non-Motor classes of
business. 1Q2020 PAT decreased to RM0.5 million mainly due to unrealised investment
loss as well as lower underwriting profit. Despite the marginal decline in GWP for 1Q2020,
TPM is moving towards the preferred portfolio mix between Motor and Non-motor, a ratio
of 35:65.

Tune Protect Group Bhd is a Malaysia investment holding company that underwrites and reinsures non-life insurance products through its subsidiary companies. The group is organized into five major business segments, investment holding, and others, funds managed through collective investment schemes, general reinsurance, life reinsurance and general insurance business. The company has two general insurance businesses, Tune Insurance Malaysia Berhad as well as an associate company, Tune Insurance Public company Limited, located in Thailand. Both offer a range of products while also underwriting travel businesses in their respective countries. The company generates the majority of its revenue from general insurance business segment.

Description
TUNEPRO engages in the provision of various general and life insurance products in the Asia Pacific. It offers a range of online insurance products, including travel, lifestyle protection, and guest personal accident insurance products.

Fundamentals
TUNEPRO expects impacts from local political landscape and 2019 novel coronavirus (COVID-19) outbreak to be short-term with the expectation that tourism would rebound in the second-half boosted by the various initiatives undertaken in ASEAN countries and the budget stimulus announcement in Malaysia. Although there will be some impact on performance, over the course of the year, the group will endeavour to deliver satisfactory financial results through portfolio rebalancing strengthened by the ongoing transformation initiatives and strategies.



Source: PublicInvest Research - 20 Apr 2020

:)

Date Close
27/07/2020 0.29
24/07/2020 0.295
23/07/2020 0.30
22/07/2020 0.30
21/07/2020 0.305
20/07/2020 0.305
17/07/2020 0.315
16/07/2020 0.315
15/07/2020 0.315
14/07/2020 0.32
13/07/2020 0.32
10/07/2020 0.33
09/07/2020 0.325
08/07/2020 0.325
07/07/2020 0.335
06/07/2020 0.345
03/07/2020 0.345
02/07/2020 0.335
01/07/2020 0.335
30/06/2020 0.33

Hopefully, Francis yeoh will perform share buyback tilll 80sen+. Epf started buying recently too

Yen 100 ~rm4+, at 20yen, 80sen++ , arbitrage profit if able to buy ytl shares in malaysia and sell in japan :)

1773 Historical Data YTL shares traded in Japan in Yen


Monthly
08/07/2018 - 07/27/2020

Date Price Open High Low Vol. Change %
Jul 20 20.0 22.0 22.0 19.0 15.00K -4.76%
Jun 20 21.0 22.0 29.0 20.0 8.18M 0.00%
May 20 21.0 18.0 24.0 18.0 3.47M 10.53%
Apr 20 19.0 19.0 20.0 17.0 712.00K 5.56%
Mar 20 18.0 22.0 24.0 16.0 3.08M -25.00%
Feb 20 24.0 24.0 27.0 21.0 3.36M -4.00%
Jan 20 25.0 26.0 38.0 24.0 12.75M -3.85%
Dec 19 26.0 23.0 59.0 22.0 12.07M 13.04%
Nov 19 23.0 24.0 25.0 22.0 573.00K -4.17%
Oct 19 24.0 24.0 26.0 23.0 260.00K -4.00%
Sep 19 25.0 25.0 25.0 23.0 496.00K 0.00%
Aug 19 25.0 28.0 28.0 24.0 214.00K -10.71%
Jul 19 28.0 31.0 31.0 26.0 239.00K -6.67%
Jun 19 30.0 29.0 31.0 29.0 64.00K 7.14%
May 19 28.0 31.0 33.0 28.0 105.00K -15.15%
Apr 19 33.0 30.0 35.0 30.0 273.00K 10.00%
Mar 19 30.0 32.0 32.0 29.0 664.00K -6.25%
Feb 19 32.0 31.0 33.0 30.0 369.00K 0.00%
Jan 19 32.0 27.0 32.0 27.0 305.00K 14.29%
Dec 18 28.0 31.0 33.0 21.0 566.00K -9.68%
Nov 18 31.0 28.0 31.0 27.0 86.00K 10.71%
Oct 18 28.0 33.0 35.0 28.0 224.00K -15.15%
Sep 18 33.0 34.0 35.0 31.0 52.00K -5.71%
Highest: 59.0 Lowest: 16.0 Difference: 43.0 Average: 26.3 Change %: -42.9

if wait till Dec 2020, expecting sudden surge in price :) also, ex-date for dividend in october yearly always



HSR project postponed again to December 31, 2020 - paultan ...paultan.org › 2020/06/01 › hsr-project-postponed-agai...
Jun 1, 2020 - Both sides mutually agreed to extend the deferment of the Kuala Lumpur-Singapore High Speed Rail project to Dec 31,2020,” said Azmin, ...

hope to see more n more breakthrough :)

YTL Corp, Tuesday 16 June 2020

YTL Corp's 9-Month Revenue Increases 21% to RM15.6 Billion (US$3.7 Billion) with Profit Before Tax of RM555 Million (US$130 Million)
YTL Corp Executive Chairman, Tan Sri Dato' (Dr) Francis Yeoh Sock Ping, KBE, CBE, FICE, said,''The 21% increase in revenue to RM15.6 billion for the 9 months ended 31 March 2020 was contributed mainly by our construction and cement segments. The c...



YTL Corp, Thursday 20 February 2020

YTL Corp Quarter-on-Quarter Net Profit Grows 15% to RM18 Million (US$4.2 Million)
Half-Year Revenue Jumps 25% to RM10.8 Billion (US$2.6 Billion) with Profit Before Tax of RM371 Million (US$90 Million)
YTL Corp Executive Chairman, Tan Sri Dato' (Dr) Francis Yeoh Sock Ping, KBE, CBE, FICE, said, ''The Group registered a 25% increase in revenue to RM10.8 billion for the 6 months ended 31 December 2019 with most segments contributing to the increas...





Kuala Lumpur, Friday 24 January 2020

Malayan Cement gets approval for RM1.87b RPTs with YTL Cement
Malayan Cement Bhd, formerly known as Lafarge Malaysia Bhd, has obtained its minority shareholders’ greenlight to go ahead with RM1.87 billion worth of related-party transactions (RPTs) with its new controlling shareholder, YTL Cement Bhd.





YTL Cement, Thursday 23 January 2020

Malayan Cement Receives Overwhelming Shareholder Support for Recurrent Related Party Transactions with YTL Cement
Dato' Sri Michael Yeoh Sock Siong, Managing Director of YTL Cement and Malayan Cement, acknowledged the overwhelming support from the minority shareholders and expressed his gratitude for this strong tacit endorsement of the rationalisation plans,...






YTL Corp, Tuesday 26 November 2019

YTL Corp Records 1st Quarter Revenue of RM5.3 Billion (US$1.3 Billion) & Profit Before Tax of RM184 Million (US$44 Million)
YTL Corp Executive Chairman, Tan Sri Dato’ (Dr) Francis Yeoh Sock Ping, KBE, CBE, FICE, said, “The Group saw a 29.3% increase in revenue to RM5.3 billion for the quarter under review, with all business segments turning in better perfor...

YTL is revved and ready to get cracking on 5G – here's whydisruptive.asia › ytl-ready-5g
YTL Communications is making big plans to start work on 5G in the coming months. CEO Wing Lee explains why he's ready to get moving on 5G now.

Is YTL getting a piece of the 700Mhz Band for Malaysia 5G?www.malaysianwireless.com › Malaysia Broadband › 5G
Jun 3, 2020 - yes-4g-logo-ytl-communications-5g. For Telecommunication companies, spectrum are valuable radio waves that are used for mobile networks.

Press Release: Commercialisation Of 5G Redefines ... - MCMCwww.mcmc.gov.my › media › commercialisation-of-5g...
Jan 9, 2020 - ... Petroliam Nasional Berhad and YTL Communications Sdn Bhd – are currently running 5G demonstration projects in six (6) states involving ...

YTL Communications to expand Terragraph network | The ...www.theedgemarkets.com › article › ytl-communicatio...
Sep 20, 2019 - PUTRAJAYA: YTL Power International Bhd's 60%-owned YTL Communications Sdn Bhd (YES) is eyeing the deployment of its 5G-ready ...

Japan's iconic Don Don Donki to open Malaysia's 1st store
By Farah Adilla - July 20, 2020 @ 8:04pm

The brand will make its debut here after expanding into Southeast Asia with the first-ever Don Don Donki store launched in Singapore’s famous shopping street Orchard Road in December 2017.
The brand will make its debut here after expanding into Southeast Asia with the first-ever Don Don Donki store launched in Singapore’s famous shopping street Orchard Road in December 2017.
KUALA LUMPUR: YTL Corp Bhd's wholly-owned YTL Land Sdn Bhd has announced that the iconic Japan brand specialty store Don Don Donki will open its first store in Malaysia in early 2021.

The brand will make its debut here after expanding into Southeast Asia with the first-ever Don Don Donki store launched in Singapore's famous shopping street Orchard Road in December 2017.

It will be owned and operated by Pan Pacific Retail Management (Malaysia) Sdn Bhd, the Malaysian sub-subsidiary of Pan Pacific International Holdings listed on the Tokyo Stock Exchange, which owns and runs the famous discount store chain Don Quijote in Japan.

Don Don Donki in Lot 10 will be the Malaysian outpost of Don Quijote – located right in the heart of Kuala Lumpur's most popular shopping street of Bukit Bintang.

This announcement comes in tandem with Pan Pacific International's global announcement on its expansion plans in Malaysia.

"We are thrilled to welcome the maiden foray of Don Don Donki into Malaysia at Lot 10.

The new store with its blue mascot will be vibrant and colourful with a diverse offering of Japanese products and much more.

"Pan Pacific Retail Management is strategic in choosing our iconic mall for its unbeatable location to attract not just the locals but also to capture the heavy tourist traffic from the dense cluster of hotels in and around Bukit Bintang.

"Its dynamic concept is an excellent addition to our tenant mix which reinforces our mall's youthful vibes of Meet, Play, #LoveLot10," said YTL Land vice president Joseph Yeoh.

YTL Land said the street-fronting store spread across three floors will anchor the brand new entrance of Lot 10 – itself to be completed by last quarter of 2020, which will welcome shoppers directly from the entrance of the Bukit Bintang MRT station and the bustling pedestrian mall fronting the mall.

The Don Don Donki concept is unique in offering a diverse range of affordable Japanese and globally-sourced products targeted for the Japanese market.

It will appeal to savvy local customers as well as tourists who have a love for all things Japanese at good value.

The store will undoubtedly be a hit with customers familiar with the irresistible offerings in the immensely popular 580 Don Quijote stores across Japan and 12 Don Don Donki stores overseas as of July 7 this year.

With a KTM Komuter Station, two LRT Stations and two upcoming MRT Stations within your reach, you are just a few stops from KLCC and minutes away from KL Sentral. Access to an interconnected network of railway links also means you are linked to KL International Airport, which can be reached in under an hour.

A confluence of major highways also provides easy access to your office, including the Duta-Ulu Klang Expressway (DUKE), Segambut Link and Sentul Link. This too is a key advantage, as clients and business partners are keen to come to your doorstep and enjoy the unique atmosphere your office provides.

Needless to say, this not only serves to improve your business prospects, it elevates the profile and appeal of your company’s brand.

Imagine ending each day with the satisfaction of knowing that you were successfully imaginative, productive and stress-free; and that’s simply because your place of work and the place you go to find inspiration share the same address.

Sentul Works is not just a unique office address, it is a rare opportunity to completely rethink and reinvent the way you work in an environment that is dynamic, intriguing, convenient and refreshingly exceptional.

Sentul Works, refreshingly exceptional


YTL Land, 21 July 2020

Imagine starting your day with a genuine enthusiasm and desire to be at work. Such a sentiment might challenge the general consensus, but when your place of work is so exceptional it enables this unique perspective.

Why? Because you work amidst the lushness of open greenery, enveloped by the calming and invigorating influence of
nature, and within a well-crafted interior space that invites that exterior atmosphere into your day. Your environment isn’t a dense cluster of towering buildings, but the spacious expanse of a rare green lung, conveniently close to the heart of the city.

Despite the rustic charm of immediate surroundings, your office address is no log house in the woods. Instead, it is a stunning century-old building that not only retains the legacy of its colonial architecture, but also immaculately restored and updated to embrace a modern look, feel and purpose.

You look forward to going to work daily because you work at Sentul Works, a place that not only fulfils your desire to operate in calming environment, but also a place that is conducive to creativity, innovation and inspiration.

Getting to work daily is a breeze. Its location in the vibrant Sentul West neighbourhood offers a number of easy
highway accesses. However, you prefer an option that befits your company’s environmental values, so you take advantage of the interconnected rail lines in the Klang Valley, with a choice of three train stations located a short walk away from your destination.

In fact, you enjoy that daily stroll along a tree-lined path to work, where the majesty of nature provides a welcome contrast to harsh urban surroundings and sets the right frame of mind for the day.

As you approach Sentul Works, you’re appreciative of how its stately silhouette never gets old and you are proud of the image it renders to your organisation. The historic brick structure blends elegantly with modern additions of glass and metal, cleverly capturing the past and present in timeless design.

As you enter the building, the contrast is immediately more pronounced as your attention is drawn to the cutting-edge
design of the interior, announcing you’ve arrived at a contemporary and dynamic office setting. Clean, open and ergonomic spaces deliver a chic environment that is a perfect fit for progressive companies such as yours, while the overall fuss-free ambience compliments the building’s serene surroundings.

A favourite feature is the double-volume central atrium, which adds a touch of grandeur to the space. A bridge connects first floor offices located on both sides of the atrium, which has been readapted to free-plan office spaces. Like you, many fellow tenants greatly appreciate the flexibility of free space to adapt and partition according to their business needs.

Above, two additional floors have been added on to the original structure, offering more useable space and state-of-the-art facilities to accommodate the future needs of businesses.

The rooftop glass balcony would be your preferred spot to start the day with a cup of coffee. From this perch, you can soak up energy from the fresh air and surrounding green view while contemplating your goals for the day. It is just one of many ways Sentul Works allows you to enjoy therapeutic time with nature.

In fact, your daily work routine is often punctuated by the positive influence of nature.




Large windows beside your workstation bring calming verdant atmosphere into your space, and you can always step out into the verandas for a dose of sunshine and fresh air. For a more engaging encounter, you can easily escape outdoors to enjoy instant gratification. You love the idea of working on your laptop under the shade of a tree, having a
picnic-styled lunch with your team on the grass or simply taking a long walk around the expanse of the park to clear your mind whenever you need it.

If you’re looking for a more vibrant atmosphere to entertain clients and guests, you can always leverage on the neighbouring Sentul Depot, a hotspot for F&B options and social gatherings.

Beyond this, the surrounding urban vicinity of Sentul West and Sentul East not only expands your food and entertainment options, but also facilitates other day-to-day services and facilities that your business requires.
While Sentul Works’ exceptional atmosphere is a key incentive for any company looking for a place to park its business, you know that your choice was also driven by the benefits of a location.

Firstly, being within iHubSentulPark, a MSC Malaysia Cybercentre immediately represents a host of high-speed broadband advantages and business incentives that help boost the impact and effectiveness of MSC-status operations. Furthermore, the ease of connectivity to key business centres and important urban hubs around the Klang Valley is vital to propelling the future growth of your company.

oversold :)


MIDF Research analyst Hafriz Hezry said YTL Corp's earnings in the fourth quarter was likely to be hit by weakness following lockdown measures taken worldwide in reaction to the Covid19 outbreak.

"Given the disappointing performance year-to-date, we slash our FY20 and FY21 earnings by 58 per cent and 7.0 per cent. We also tweak higher our effective tax rate assumption for the period," he said.

The firm maintained a "neutral" call for YTL Corp with a target price of 85 sen.

He said the prospects for the cement division should gradually improve on the back of a consolidated market.

"The construction division could see an improving outlook on the back of a potential High-Speed Rail project revival, progress on the existing Gemas-Johor Bahru double-tracking project and progress on the Tanjung Jati (Indonesia) power plant project, which could see YTL Corp to grab around US$1b (RM4.2 billion) in engineering, procurement and construction works."

Malaysia urged to restart country’s economy with three megaprojects
22 April 2020 | By GCR Staff | 0 Comments

The former secretary-general of Malaysia’s Finance Ministry has urged the government to begin work on three large projects to restart the country’s economy.

Sheriff Mohd Kassim said work on the East Coast Rail Link (ECRL), the Kuala Lumpur-to-Singapore High Speed Rail and the National Fibre and Connectivity Plan (NFCP) would help to mend the economic damage caused by the pandemic.

He commented: “The government has not said much to tell the public when these three projects will start rolling out so as to generate work orders for professional firms, construction companies and employ the lawyers, accountants, engineers, technicians and general workers.

“And when they work and get salaries, they will spend on nasi lemak, fried mee, fried bananas, teh tarik, thus bringing back economic activities,” he told Bernama, the Malaysian national news agency.

Of the three, the only one that has started on site is China Communications Construction’s East Coast link, which will connect Port Klang and Kota Bharu. Work on this scheme was begun in 2017, then halted after an election and a lengthy renegotiation of its costs.

It was reported on 13 February that this project, presently expected to cost $10bn, was 15% complete.

In December 2019, the Malaysian government said the $13.7bn Singapore line project would go ahead, but said the scheme may require changes to reduce its costs. A memorandum of understanding was signed between Malaysia and Singapore as long ago as 2016.

Work has not yet begun on the fibre plan, but the Malaysian Communications and Multimedia Commission has announced an allocation of $690m for six projects that are due to begin this year. These will improve access to broadband services and lay the foundations for the country’s 5G network.

Sheriff, who is a founder of the group of 25 former top civil servants known as the G25, added that these projects were the “locomotives” needed to pull the economy out of the recession and asked the government to “give the public an explanation” of what was going on with them.

EPF's stake in YTL has been increased to 6%+ from last year. :) 4677 YTL YTL CORPORATION BHDChanges in Sub. S-hldr's Int (Section 138 of CA 2016)Particulars of ShareholderName:EMPLOYEES PROVIDENT FUND BOARDNRIC/Passport No./Company No.:EPF ACT 1991Nationality/Country of Incorporation:MalaysiaAddress:Tingkat 19, Bangunan KWSP Jalan Raja Laut 50350 Kuala Lumpur Wilayah
Persekutuan Malaysia
Descriptions (Class and Nominal Value):Ordinary SharesName and Address of Registered Holder:You are advised to read the entire contents of the announcement or
attachment. To read the entire contents of the announcement or attachment,
please access the Bursa website at http://www.bursamalaysia.com
Details of ChangesDate of Notice:16/07/2020Transactions:No.DateTransaction TypeNo of SharesPrice (RM)1.15/07/2020Acquired100,000-Circumstances by reason of which change has occurred:AcquiredNature of Interest:Direct InterestConsideration:

No of Shares Held After Changes:Direct:658,298,583 shares (6.1810%)Total:658,298,583 sharesRemarks:You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
Submitted By:
20/07/2020 07:00 AM

Ref Code: 202007203600075

THIRTY LARGEST SHAREHOLDERS as at 23 September 2019
(without aggregating securities from different securities accounts belonging to the same person)

Name No. of Shares %

1 Yeoh Tiong Lay & Sons Holdings Sdn Bhd 4,704,491,387 44.16
2 Citigroup Nominees (Tempatan) Sdn Bhd
– Employees Provident Fund Board
622,197,887 5.84
3 HSBC Nominees (Asing) Sdn Bhd
– Credit Suisse (Hong Kong) Limited
490,215,221 4.60
4 RHB Capital Nominees (Tempatan) Sdn Bhd
– Pledged Securities Account for Yeoh Tiong Lay & Sons Holdings Sdn Bhd
460,000,000 4.32
5 Amanahraya Trustees Berhad
– Amanah Saham Bumiputera
284,237,844 2.67
6 Jamaican Gold Limited 261,798,317 2.46
7 Tien Shia International Limited 217,078,398 2.04
8 Orchestral Harmony Limited 196,796,355 1.85
9 Steeloak International Limited 183,087,748 1.72
10 Puan Sri Datin Seri Tan Kai Yong @ Tan Kay Neong 137,552,943 1.29
11 Bara Aktif Sdn Bhd 115,217,861 1.08
12 Tan Sri Dato’ (Dr) Francis Yeoh Sock Ping, CBE, FICE 99,427,095 0.93
13 State Secretary, Pahang 96,591,400 0.91
14 Yeoh Tiong Lay & Sons Holdings Sdn Bhd 93,460,901 0.88
15 HSBC Nominees (Asing) Sdn Bhd
– JPMCB NA for Vanguard Emerging Markets Stock Index Fund
71,210,010 0.67
16 HSBC Nominees (Asing) Sdn Bhd
– JPMCB NA for Vanguard Total International Stock Index Fund
70,269,997 0.66
17 Cartaban Nominees (Asing) Sdn Bhd
– Exempt An for State Street Bank & Trust Company (West CLT OD67)
60,663,850 0.57
18 Citigroup Nominees (Asing) Sdn Bhd
– CBNY for Dimensional Emerging Markets Value Fund
58,704,211 0.55
19 Dato’ Yeoh Seok Kian 56,621,344 0.53
20 Dato’ Yeoh Soo Keng 55,213,386 0.52
21 RHB Capital Nominees (Tempatan) Sdn Bhd
– Pledged Securities Account for Hasil Mayang Sdn Bhd
54,725,584 0.51
22 Citigroup Nominees (Tempatan) Sdn Bhd
– Valuecap Sdn Bhd
53,389,600 0.50
23 Dato’ Yeoh Soo Min 52,833,890 0.50
24 Amanahraya Trustees Berhad
– Amanah Saham Malaysia 2 - Wawasan
50,047,400 0.47
25 Yeoh Tiong Lay & Sons Holdings Sdn Bhd 49,670,371 0.47
26 Citigroup Nominees (Asing) Sdn Bhd
– Exempt an for Citibank New York (Norges Bank 14)
43,474,500 0.41
27 Tan Sri Dato’ (Dr) Francis Yeoh Sock Ping, CBE, FICE 43,234,144 0.41
28 Cartaban Nominees (Tempatan) Sdn Bhd
– Pamb for Prulink Equity Fund
42,464,000 0.40
29 Citigroup Nominees (Asing) Sdn Bhd
– CBNY for Emerging Market Core Equity Portfolio DFA Investment Dimensions Group INC
38,754,317 0.36
30 Maybank Nominees (Tempatan) Sdn Bhd
– Maybank Trustees Berhad for Public Regular Savings Fund (N14011940100)
35,783,232 0.34
Total 8,799,213,193 82.62

YTL Historical Data
Time Frame:

Monthly
08/07/2018 - 07/27/2020

Date Price Open High Low Vol. Change %
Jul 20 0.735 0.840 0.845 0.735 7.60M -11.45%
Jun 20 0.830 1.000 1.000 0.800 72.87M -20.19%
May 20 1.040 0.765 1.050 0.720 166.88M 35.95%
Apr 20 0.765 0.730 0.800 0.730 51.10M 5.52%
Mar 20 0.725 0.845 0.890 0.600 95.81M -14.20%
Feb 20 0.845 0.885 0.985 0.845 80.72M -5.59%
Jan 20 0.895 0.980 1.040 0.885 117.02M -8.67%
Dec 19 0.980 0.840 0.990 0.820 137.90M 17.37%
Nov 19 0.835 0.870 0.915 0.835 57.12M -4.02%
Oct 19 0.870 0.920 0.965 0.870 69.00M -5.43%
Sep 19 0.920 1.000 1.010 0.915 62.29M -8.00%
Aug 19 1.000 1.020 1.060 0.970 50.49M -2.91%
Jul 19 1.030 1.130 1.140 1.030 35.86M -8.04%
Jun 19 1.120 1.110 1.170 1.090 42.91M -1.75%
May 19 1.140 1.130 1.220 1.020 128.92M 0.88%
Apr 19 1.130 1.050 1.250 1.050 86.67M 6.60%
Mar 19 1.060 1.050 1.110 1.020 64.37M 0.00%
Feb 19 1.060 1.110 1.160 1.060 46.04M -3.64%
Jan 19 1.100 1.010 1.160 0.995 55.29M 8.91%
Dec 18 1.010 1.130 1.130 0.980 72.05M -9.82%
Nov 18 1.120 1.050 1.220 1.040 62.22M 5.66%
Oct 18 1.060 1.260 1.290 0.980 64.84M -15.20%
Sep 18 1.250 1.280 1.330 1.160 84.70M -6.02%
Highest: 1.330 Lowest: 0.600 Difference: 0.730 Average: 0.979 Change %: -44.737

ytl can give share dividend instead. Hope to see more share buyback :)


22-Jun-2020 22-Jun-2020 Buyback 1,000 0.815 0.815 View Detail
22-Jun-2020 22-Jun-2020 Buyback 1,000 0.815 0.815 View Detail
29-Jan-2020 29-Jan-2020 Buyback 100,000 0.935 0.940 View Detail
29-Jan-2020 29-Jan-2020 Buyback 100,000 0.935 0.940 View Detail
23-Jan-2020 23-Jan-2020 Buyback 943,200 0.975 0.990 View Detail
21-Jan-2020 21-Jan-2020 Buyback 500,000 0.985 1.000 View Detail
20-Jan-2020 23-Jan-2020 Buyback 1,943,200 0.975 1.000 View Detail
20-Jan-2020 20-Jan-2020 Buyback 500,000 0.985 0.985 View Detail
17-Jan-2020 17-Jan-2020 Buyback 500,000 0.980 0.980 View Detail
16-Jan-2020 16-Jan-2020 Buyback 500,000 0.975 0.975 View Detail
14-Jan-2020 14-Jan-2020 Buyback 500,000 0.990 0.990 View Detail
13-Jan-2020 17-Jan-2020 Buyback 2,000,000 0.975 1.000 View Detail
13-Jan-2020 13-Jan-2020 Buyback 500,000 1.000 1.000 View Detail
10-Jan-2020 10-Jan-2020 Buyback 483,000 0.975 0.985 View Detail
09-Jan-2020 09-Jan-2020 Buyback 227,000 0.950 1.010 View Detail
08-Jan-2020 08-Jan-2020 Buyback 290,000 0.925 0.945 View Detail
07-Jan-2020 07-Jan-2020 Buyback 960,000 0.930 0.970 View Detail
06-Jan-2020 10-Jan-2020 Buyback 2,000,000 0.925 1.010 View Detail
06-Jan-2020 06-Jan-2020 Buyback 40,000 0.970 0.975 View Detail
03-Jan-2020 03-Jan-2020 Buyback 190,000 0.995 1.030 View Detail
02-Jan-2020 02-Jan-2020 Buyback 68,100 0.985 1.040 View Detail
31-Dec-2019 31-Dec-2019 Buyback 11,380,000 0.950 0.990 View Detail
30-Dec-2019 03-Jan-2020 Buyback 16,008,100 0.905 1.040 View Detail
30-Dec-2019 30-Dec-2019 Buyback 4,370,000 0.905 0.950 View Detail
27-Dec-2019 27-Dec-2019 Buyback 187,900 0.885 0.895

Date Close
24/07/2020 0.745
23/07/2020 0.77
22/07/2020 0.78
21/07/2020 0.785
20/07/2020 0.785
17/07/2020 0.77
16/07/2020 0.765
15/07/2020 0.78
14/07/2020 0.785
13/07/2020 0.80
10/07/2020 0.80
09/07/2020 0.81
08/07/2020 0.805
07/07/2020 0.81
06/07/2020 0.81
03/07/2020 0.805
02/07/2020 0.81
01/07/2020 0.81
30/06/2020 0.83
29/06/2020 0.82

EMPLOYEES PROVIDENT FUND BOARD 30-Jun-2020 Acquired 353,000 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 29-Jun-2020 Acquired 800,000 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 17-Jun-2020 Acquired 263,600 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 12-Jun-2020 Acquired 580,000 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 24-Apr-2020 Transferred 3,510,000 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 23-Apr-2020 Acquired 66,000 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 31-Mar-2020 Acquired 51,600 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 26-Mar-2020 Acquired 787,387 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 25-Mar-2020 Acquired 400,000 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 25-Mar-2020 Acquired 300,900 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 24-Mar-2020 Acquired 360,000 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 24-Mar-2020 Acquired 304,400 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 23-Mar-2020 Acquired 403,500 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 23-Mar-2020 Acquired 300,000 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 20-Mar-2020 Acquired 1,552,500 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 20-Mar-2020 Acquired 800,000 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 20-Mar-2020 Acquired 13,500 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 19-Mar-2020 Acquired 345,100 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 19-Mar-2020 Acquired 196,300 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 18-Mar-2020 Acquired 350,500 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 18-Mar-2020 Acquired 90,500 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 18-Mar-2020 Acquired 87,400 0.000 View Detail

24-Jul-2020 Insider MISS CHONG SWEE YING (a company director) acquired 10,000 shares on 23-Jul-2020.
22-Jul-2020 Insider MISS CHONG SWEE YING (a company director) acquired 10,000 shares on 22-Jul-2020.
22-Jul-2020 Insider MISS CHONG SWEE YING (a company director) acquired 6,000 shares on 17-Jul-2020.
22-Jul-2020 Insider MISS CHONG SWEE YING (a company director) acquired 5,000 shares on 14-Jul-2020.
22-Jul-2020 Insider ENCIK SHAFIE BIN SHAMSUDDIN (a company director) acquired 560,000 shares on 21-Jul-2020.

Genting M’sia- Remain Cautious Despite the Re-opening
Date: 19/06/2020

Source : AffinHwang
Stock : GENM Price Target : 1.90 | Price Call : SELL
Last Price : 2.33 | Upside/Downside : -0.43 (18.45%)

Back

Genting Malaysia (GENM) reported that it will be resuming gaming operations for Malaysia starting 19 June 2020, and its UK operations by 4 July 2020. However, its US casinos will remain temporarily closed. The re-openings do not come as a surprise to us, as we had assumed that all its gaming operations would resume by before end of 3Q20. Despite the resumption of activities, the social distancing requirement will put a cap on its current capacity. As such, we are keeping our SELL call and TP unchanged at RM1.90.

Social Distancing Limits Its Capacity
GENM announced that it will be resuming its gaming operation in Genting Highland; however, it is only open to members at the moment. Despite being able to resume operations, the social distancing requirement will limit the current capacity for table games and slot machines. While the re-opening is likely to welcome an influx of visitation at the beginning, we believe that the momentum is unlikely to be sustainable, as GENM will need to limit the number of patrons in the casino to ensure social distancing practices are in place. This “disruption” would have a greater impact on the mass market, which contributes more than half of its gaming revenue.

Visitation Will Need More Time to Recover
We believe that the visitation numbers will still remain under pressure despite more facilities re-opening soon, as Malaysia has yet to open its borders to foreign tourists. Based on our estimates, around 20% of the visitation in 2019 was driven by foreign tourists. Given that the chances of a COVID-19 second wave occurring is still real, the Malaysia government is unlikely to take the decision to reopen its borders lightly, in our view. With the opening of the new outdoor theme park slated for 3Q21, we believe that it would take at least 2-3 years before the visitation numbers recover to 2019 levels.

Maintain SELL With An Unchanged TP of RM1.90
We are keeping our forecast unchanged, as we had already assumed that gaming operations would be operational before end of 3Q20. Reiterate SELL with an unchanged TP of RM1.90. Key risks to our call include: 1) reduction in gaming taxes; 2) additional tax incentives; and 3) approval to expand its gaming capacity.

Source: Affin Hwang Research - 19 Jun 2020

If Q2,2020 results released, tumble?

Date Open Price Target Price Upside/Downside Price Call Source News
19/06/2020 2.69 1.90 -0.79 (29.37%) SELL AffinHwang Price Target News
18/06/2020 2.78 2.00 -0.78 (28.06%) TRADING SELL PUBLIC BANK Price Target News

casino akan ditutup lagi?

Govt to tighten Covid-19 SOP
Author: savemalaysia | Publish date: Sun, 26 Jul 2020, 9:26 AM

KUALA LUMPUR: The government has decided to tighten the standard operating procedure (SOP) that was eased during the implementation of the recovery movement control order (MCO).

Senior Minister Datuk Seri Ismail Sabri Yaakob (pic) said the decision was made following concerns over the rise in Covid-19 cases in the past week.

“Basically, the decision was agreed upon at the special ministerial meeting on the implementation of the MCO.

“The technical committee will meet to work on the finer details of the SOP and table it at the ministerial meeting on Monday, ” he told a media briefing on the recovery MCO at the Putra World Trade Centre here.

Ismail Sabri, who is also Defence Minister, said the SOP on Hari Raya Aidiladha, to be celebrated on July 31, would also be finalised and announced tomorrow.

He said that since several new clusters involving ship crew members had been detected, the SOP with regard to this group would also be looked into.

“The technical committee will discuss and examine the SOP on the Aidiladha celebration as well as on the ship crew members who sign on and sign off either when disembarking or before departure.

“We are worried about infections during Raya Haji. If during Aidilfitri we had set a limit of no more than 20 guests, then for Aidiladha we will also set a limit.

“The police will monitor SOP compliance during the Aidiladha celebration, just like during Aidilfitri. If there is any SOP violation, arrests and action will be carried out on the spot, ” he said.

Asked if the Sarawak government and the National Security Council held any discussions on the need to implement enhanced MCO in the state following an increase in Covid-19 cases there, Ismail Sabri said the state government would discuss the matter at a meeting.

“The Sarawak government may introduce a tighter SOP, ” he said. — Bernama

at airport and on board, how?

Govt to tighten Covid-19 SOP
Author: savemalaysia | Publish date: Sun, 26 Jul 2020, 9:26 AM

KUALA LUMPUR: The government has decided to tighten the standard operating procedure (SOP) that was eased during the implementation of the recovery movement control order (MCO).

Senior Minister Datuk Seri Ismail Sabri Yaakob (pic) said the decision was made following concerns over the rise in Covid-19 cases in the past week.

“Basically, the decision was agreed upon at the special ministerial meeting on the implementation of the MCO.

“The technical committee will meet to work on the finer details of the SOP and table it at the ministerial meeting on Monday, ” he told a media briefing on the recovery MCO at the Putra World Trade Centre here.

Ismail Sabri, who is also Defence Minister, said the SOP on Hari Raya Aidiladha, to be celebrated on July 31, would also be finalised and announced tomorrow.

He said that since several new clusters involving ship crew members had been detected, the SOP with regard to this group would also be looked into.

“The technical committee will discuss and examine the SOP on the Aidiladha celebration as well as on the ship crew members who sign on and sign off either when disembarking or before departure.

“We are worried about infections during Raya Haji. If during Aidilfitri we had set a limit of no more than 20 guests, then for Aidiladha we will also set a limit.

“The police will monitor SOP compliance during the Aidiladha celebration, just like during Aidilfitri. If there is any SOP violation, arrests and action will be carried out on the spot, ” he said.

Asked if the Sarawak government and the National Security Council held any discussions on the need to implement enhanced MCO in the state following an increase in Covid-19 cases there, Ismail Sabri said the state government would discuss the matter at a meeting.

“The Sarawak government may introduce a tighter SOP, ” he said. — Bernama

52 Weeks Range: 0.83 - 1.81
Average Price Target: 1.12
Price Target Upside/Downside: +0.275

Time to rebound :)

Date Close
24/07/2020 0.845
23/07/2020 0.845
22/07/2020 0.88
21/07/2020 0.895
20/07/2020 0.89
17/07/2020 0.91
16/07/2020 0.915
15/07/2020 0.97
14/07/2020 1.00
13/07/2020 1.01
10/07/2020 1.01
09/07/2020 1.00
08/07/2020 1.00
07/07/2020 1.01
06/07/2020 1.01
03/07/2020 1.01
02/07/2020 1.00
01/07/2020 1.00
30/06/2020 1.01
29/06/2020 1.01

Very likely, from Hongkong buyers :)

improving demand in Singapore high-end property.

Agjl was being scolded so badly. Pitiful :)

@nekosaan sudahlah Ah Pek Anging (Agjl), stop barking, i hv checked yr comments, you cut loss at 0.50, no need to pretend, shame on you
23/07/2020 3:48 PM

nekosaan Sohai Agjl, stop barking !
23/07/2020 3:49 PM

nekosaan 0.515 gone, just like sohai Agjl, gone, just like that

Wow, aeon Japan Inc has turnaround aeon big after buying Carrefour from France and changed its name to aeon big. But , no use, not a subsidiary or associated company not aeon malaysia bhd. Aeon big and aeon malaysia bhd are separate entity and ownership.


AEON Big Subang to operate as usual despite court hearing

Thursday, July 16th, 2020 at , Business | News

by PRIYA VASU/ pic credit: aeonbig.com.my

JAPANESE retailer AEON Big’s store in Subang Jaya, Selangor, will continue operating as usual after it was temporarily sealed on Tuesday for failing to settle a judgement sum of RM142 million.

The Alor Setar High Court has stated the execution of the judgement in default dated June 9, 2020, said AEON Big (M) Sdn Bhd in a statement.

The hearing to set aside the judgement in default for the sum of RM142 million made against the company has been fixed on Aug 6, 2020.

AEON Big had obtained the High Court Declaration from the Penang High Court in November last year to declare the agreement signed between AEON Big and Mega Continental Sdn Bhd.

Mega Continental prompted the suit against AEON Big after the retailer vacated the store in Alor Setar, Kedah, ahead of its lease expiration day.

Details on the dispute between these two companies are unclear. An attempt by The Malaysian Reserve to get clarification on the matter was not responded to.

On Tuesday, The Edge Markets reported the store’s last day of operation was on June 10. The publication also wrote the management of AEON Co Ltd’s retail units — AEON Co (M) Bhd and AEON Big — were being restructured and consolidated into a single organisation as part of a 10-year strategy to create an agile, resilient and intrapreneurial retail organisation.

This management reorganisation would involve the loss-making AEON Big relocating its offices from Subang Jaya to AEON Co’s headquarters at Taman Maluri, Kuala Lumpur.

In the statement yesterday, the retailer further said: “There are many important issues the company should be looking at, such as preserving economic sustainability, protecting public health and providing continuous employment to the people. AEON Big is committed to continue to move forward with great confidence.”

The company is scheduled to open its 22nd store in Malaysia at Jaya One in Petaling Jaya, Selangor, on July 23 with a net lettable area of 41,527 sq ft store, which targets to provide about 150 employments.

The company further stated that the country is facing an unprecedented global health pandemic and domestic economic crisis. “It is important to focus on building the businesses and help revive the economy despite experiencing a very challenging year due to Covid-19.

The management has turned the company to become profitable for the first half of 2020, compared to previous years since taking over the stores from Carrefour in 2012. With continuous support from our staff, vendors and suppliers, AEON Big believes that this strong performance will continue throughout 2020,” it added.

AEON posted RM1.02 billion for its retail business segment for the quarter ended March 31, 2020, lower by 0.9% compared to RM1.03 billion recorded in the previous year’s corresponding quarter, mainly due to lower general merchandise sales (GMS) recorded especially during the Movement Control Order (MCO) period, whereby GMS were not allowed to operate.

Revenue from its property management services segment for the quarter at RM169 million was lower by 3.6%, over the previous year’s corresponding quarter of RM175.2 million.

The shortfall in revenue was mainly due to lower sales commission receivable from tenants, especially during the MCO period where non-essential services tenants were not allowed to operate.

The segmental profit of RM55.7 million was lower compared to RM66.9 million recorded in the previous year mainly due to the same reasons. Its share price closed at 97 sen yesterday, giving it a market capitalisation of US$1.3 billion (RM5.59 billion).

After EGM/AGM baru Ada berita untuk berbisik. Rehat dulu :)

No need to argue. Ask CCP tomorrow during the EGM/AGM at golf club

Bosses struggle with biz, workers hilang kerja . Mau Judi APA

Genm without foreign tourists, habis.

Forecast prices. Coming :)

Date Price Target Source News
19/06/2020 1.90 AffinHwang Price Target News
18/06/2020 2.00 PUBLIC BANK

I think privatisation or acquisition will be between RM1.15 and RM1.55 if any, either Ananda through his personal capacity or maxis. Wait n see :)

Date Price Target Source News
19/06/2020 1.55 PUBLIC BANK
19/06/2020 1.15 HLG

Future outlook. The unprecedented impact brought about by the Covid-19 pandemic has resulted in an exceptionally weak 1Q. However, we are of the view that earnings could see gradual recovery for the coming quarters as the economy reopens following a period of lockdown. Also, we expect a stronger 2H due to seasonality. We continue to favour the group for its rapid response in adapting to the new normal, on-going cost optimisation efforts and its ability to seize opportunities to create new revenue streams in its home-shopping, broadband, OTT and digital platforms.


Source: PublicInvest Research - 19 Jun 2020

Why Astro?

Astro Malaysia Holdings Berhad- Expecting Better Quarters Ahead
Date: 19/06/2020

Source : PUBLIC BANK
Stock : ASTRO Price Target : 1.55 | Price Call : BUY
Last Price : 0.80 | Upside/Downside : +0.75 (93.75%)



Astro posted a 1QFY21 headline net profit of RM73.8m, down 57% YoY, mainly dragged by lower subscription and advertising revenue as well as higher finance cost and provision for doubtful debts. After adjusting for the unrealized forex loss of RM33m, The group’s 1QFY21 core net profit came in at RM107m. Results were below expectations, accounting for c.17% of full-year estimates. Following this set of results, we cut our earnings estimates by 12%-16% for FY21F-FY23F to account for lackluster adex and lower subscribers in light of the fragile underlying market conditions where consumer spending is expecting to be weak moving forward. Therefore, our DCF-based TP is revised downwards to RM1.55 (previously RM1.80). We maintain our Outperform call on Astro as the stock’s valuation looks undemanding given that Astro is currently trading at 10x forward PER, which is near -2SD of its 5-year average mean (figure 1). On a side note, Astro declared a first interim dividend of 1 sen.

1QFY21 revenue declined by 14.7% YoY mainly due to lower contribution from both TV and Radio segment. Pay TV ARPU declined from RM100.4 to RM99.1. TV segment revenue fell by 15.7% YoY as the group recorded lower subscription and advertising revenue. Meanwhile, Radio segment revenue dropped by 37.5% YoY due to lower client advertising expenditure. Home-shopping segment revenue grew by 14.1%, leveraging on the higher viewership recorded during MCO which saw the segment increasing its reach to 2.4m customers.
Weaker core earnings. 1QFY21 core net profit fell by 42% YoY due to higher finance cost. EBITDA margin decreased by 4.5% to 31% due to higher operating expenses as a percentage of revenue (content cost, merchandise cost and staff cost) incurred in both TV and Radio segment. On a more positive note, Home-shopping segment turned EBITDA positive on the back of higher sales volume recorded due to higher viewership and festive spending.
Future outlook. The unprecedented impact brought about by the Covid-19 pandemic has resulted in an exceptionally weak 1Q. However, we are of the view that earnings could see gradual recovery for the coming quarters as the economy reopens following a period of lockdown. Also, we expect a stronger 2H due to seasonality. We continue to favour the group for its rapid response in adapting to the new normal, on-going cost optimisation efforts and its ability to seize opportunities to create new revenue streams in its home-shopping, broadband, OTT and digital platforms.


Source: PublicInvest Research - 19 Jun 2020

Best buy now... even lower than the closing price for the month of March 2020 during MCO :)

ASTR Historical Data
Time Frame:

Monthly
08/01/2018 - 07/21/2020

Date Price Open High Low Vol. Change %
Jul 20 0.800 0.830 0.855 0.795 2.55M -3.61%
Jun 20 0.830 0.995 1.030 0.805 145.59M -16.16%
May 20 0.990 0.945 1.070 0.920 91.68M 4.76%
Apr 20 0.945 0.850 1.020 0.795 293.14M 11.18%
Mar 20 0.850 1.190 1.190 0.705 89.53M -28.57%
Feb 20 1.190 1.200 1.260 1.160 51.89M -0.83%
Jan 20 1.200 1.280 1.310 1.200 60.78M -5.51%
Dec 19 1.270 1.400 1.420 1.270 61.06M -9.29%
Nov 19 1.400 1.360 1.480 1.340 33.39M 3.70%
Oct 19 1.350 1.450 1.500 1.300 52.18M -7.53%
Sep 19 1.460 1.330 1.610 1.310 49.06M 10.61%
Aug 19 1.320 1.450 1.460 1.280 29.76M -8.97%
Jul 19 1.450 1.470 1.480 1.420 43.62M 0.00%
Jun 19 1.450 1.380 1.520 1.350 38.37M 4.32%
May 19 1.390 1.440 1.440 1.240 43.45M -4.14%
Apr 19 1.450 1.530 1.610 1.420 41.19M -5.23%
Mar 19 1.530 1.640 1.660 1.480 41.28M -6.71%
Feb 19 1.640 1.670 1.700 1.530 71.03M -2.38%
Jan 19 1.680 1.320 1.700 1.310 94.18M 29.23%
Dec 18 1.300 1.200 1.410 1.190 123.38M 8.33%
Nov 18 1.200 1.330 1.410 1.050 412.02M -11.11%
Oct 18 1.350 1.490 1.570 1.210 99.55M -8.16%
Sep 18 1.470 1.800 1.860 1.460 56.16M -15.52%
Aug 18 1.740 1.810 1.970 1.740 34.02M -4.92%
Highest: 1.970 Lowest: 0.705 Difference: 1.265 Average: 1.302 Change %: -56.284

Kwsp Beli, anda? Sebijak kwsp ?



ASTRO Shareholding Changes
Date of change Shares Director/
Substantial Shareholder
15 Jul 2020 Acquired
93,200 Employees Provident Fund Board ("epf")
10 Jul 2020 Acquired
33,800 Employees Provident Fund Board ("epf")
03 Jul 2020 Acquired
1,191,900 Employees Provident Fund Board ("epf")
30 Jun 2020 Acquired
1,713,100 Employees Provident Fund Board ("epf")
29 Jun 2020 Acquired
751,600 Employees Provident Fund Board ("epf")
26 Jun 2020 Acquired
2,000,000 Employees Provident Fund Board ("epf")
25 Jun 2020 Acquired
2,000,000 Employees Provident Fund Board ("epf")
24 Jun 2020 Acquired
3,000,000 Employees Provident Fund Board ("epf")
23 Jun 2020 Acquired
3,634,200 Employees Provident Fund Board ("epf")
22 Jun 2020 Acquired
3,000,000 Employees Provident Fund Board ("epf")

All analysts with higher price or valuation or buy call?

Date Price Target Source News
19/06/2020 1.55 PUBLIC BANK Price Target News
19/06/2020 0.86 MIDF Price Target News
19/06/2020 0.83 KENANGA Price Target News
19/06/2020 1.15 HLG Price Target News
19/06/2020 0.90 AffinHwang

THE Covid-19 pandemic has hit the retail world hard as demand for non-essential items comes to a grinding halt. Even so, for TV home shopping players, it appears that every cloud has a silver lining.

Despite the gloomy economic outlook, Media Prima Bhd’s CJ Wow Shop is targeting a 30% growth in home shopping revenue this year, according to CEO Kim Yang Hyun.

“Looking at our performance in previous years and in the first half of 2020, we are confident in achieving profitability in the near future. To sum up, we are glad to say that within the e-commerce industry, we have both scalability and profitability,” he says in an email reply to The Edge, highlighting that its new customers have increased and made up a significant portion of total sales during the Movement Control Order period.

Going forward, Kim says CJ Wow Shop will focus on enhancing its multi-platform strategy that embraces TV, mobile and PC. “This will be our next strategic direction. As a content commerce platform, we will enhance our content creativity, influential storytelling and product competitiveness.”


Meanwhile, Astro Malaysia Holdings Bhd’s Go Shop CEO Grace Lee tells The Edge that one of the key learnings from the pandemic is businesses across various industries must have a digital and e-commerce strategy.

“Bricks-and-mortar businesses are pivoting towards digital sales. Go Shop is seeing more merchants wanting to work together to reach consumers across its platforms.

“At the same time, consumers have adapted to the convenience of making purchases online. As a result, Go Shop saw sales orders and monthly active users jump 43% and 97% respectively in 1QFY2021. Given that consumers might be more prudent in their spending due to the economic uncertainties, we are cautiously optimistic that this trend will continue.”

Nonetheless, Lee says Go Shop’s growth strategy is underpinned by content, product and service differentiation. “One of our key strengths is our customer base and our access to multi-platforms. With the power of TV, radio and digital, we have the content production and marketing skills to persuade consumers to shop.

“With this opportunity, we are able to help Malaysian SME (small and medium enterprise) home-grown brands expand their reach and deepen their engagement.”

Both TV home shopping players are positive about market competition.

“With competitors, we can discover opportunities, differentiate and learn from what our competitors are doing,” Lee opines.

Kim says, “Malaysia’s home shopping industry has been around for over five years and is still in its growth phase. We have removed barriers for customers by offering them diverse ways to shop. This creates a conducive ecosystem for this industry. We believe healthy competition will enlarge our market size.”


The local TV home shopping segment has been a battlefield between Astro’s Go Shop and Media Prima’s CJ Wow Shop. Riding on the e-commerce wave, the two media giants are striving to attract customers to shop on their platforms, with both targeting Malay and Chinese consumers.

However, contribution from the segment is still relatively minimal after years of presence.

For perspective, Go Shop raked in RM368 million in revenue for the financial year ended Jan 31, 2020 (FY2020), accounting for merely 7.5% of the group’s total revenue of RM4.9 billion.

The segment registered a higher loss before tax of RM15.8 million in FY2020 compared with RM7.4 million the year before, primarily due to lower revenue. This was coupled with more spending in FY2019, on the back of a tax holiday and sales driven by the Fifa World Cup campaign.

However, for the first quarter ended April 30, 2020, Go Shop managed to return to the black with a profit before tax of RM600,000 against a loss before tax of RM4.5 million previously.

Quarterly revenue grew 14.1% to RM95.3 million, thanks to higher viewership and the festive season during the quarter.

Go Shop, launched in January 2015, had 2.4 million registered customers as at January this year. It is broadcast over three channels on Astro as well as a free-to-air channel through myFreeview.

CJ Wow Shop, meanwhile, reported RM232.2 million in revenue for the financial year ended Dec 31, 2019 — a 9% growth against RM213.1 million the year before.



The top-line contribution from the segment to the group was higher at 21%, though it did not lead to profitability for the segment.

Launched in April 2016, CJ Wow Shop’s customer base reached 1.7 million in FY2019. There are two dedicated free-to-air channels for the home shopping network.

Analysts reckon that while the home shopping segment’s contribution is not significant, it has been growing over the years and the momentum is likely to continue.

“For TV shopping, the products are mostly electrical and household items, and prices are cheaper. It’s like a necessity that you can use on a daily basis. So, demand will still be there,” says MIDF Research analyst Khoo Zhen Ye.

Act fast before u regret


Astro is only the top pick for the sector with a "buy" rating and TP of RM1.15 due to it reaping the benefits of cost savings following the deferment of major sports events and an attractive dividend yield of 8.1%.

Grab fast, target price for astro at rm1.15 released

KUALA LUMPUR (July 20): Hong Leong Investment Bank (HLIB) Research said it had upgraded its rating for the media sector to "neutral" due to a possible digital advertisement expenditure (adex) expansion, premised on the back of increasingly digitally-oriented consumers and more attractive package offerings.

In a note today, HLIB Research analyst Syifaa’ Mahsuri Ismail said as traditional adex still outweighs digital adex, the research house believes peers under their coverage still need to endure the hit from digital disruption and wait for significant earnings improvement from their own digital ventures despite a proactive strategy to increase their online presence.

“However, we believe the bottom has yet to be seen given that traditional media still form the lion’s share of the industry’s contribution.”

Syifaa said since the movement control order (MCO) was implemented, the research house expects the media industry to flourish with a spike in television viewing and with people glued to news portals for updates regarding the development in the number of active cases.

She said figures did align with this assumption as Astro Malaysia Holdings Bhd said its viewership hours had climbed significantly by 11.5% year-on-year (y-o-y), while its average daily viewers increased by 4.1% y-o-y.

Media Prima Bhd's Ripple also garnered a total of 1.9 million digital listeners, a 30% increase during the MCO period.

However, Syifaa said the rise in hours did not translate to a revenue increment because there was a decline in adex spending by advertisers.

“The biggest drag came from the usual suspects, with adex declining in print (59% quarter-on-quarter or q-o-q) and radio (57% q-o-q). Although TV adex was backsliding, it was relatively softer than the rest (20% q-o-q). However, it was still the biggest chunk of the pie with a 68% contribution of total adex during March to May 2020.”

In the others division, the 77% dive q-o-q was due to cinema closures during the MCO and CMCO periods, she added.

Aggregately, HLIB Research expects the declining trend to persist for the remainder of the year on the back of a dire adex environment, moderating private consumption and magnified digital disruption as Internet services become more accessible.

Media companies’ bottom line will likely be strained on the back of a downturn economic outlook with advertisers turning cautious about their spending, pay TV and home shopping being hit by consumer cuts in discretionary spending and newspaper circulation being halted with accessible news from online media, she added.

“With the aforementioned reasons, we forecast media companies’ earnings to continue to be beleaguered for the remainder of 2H20 (second half of 2020).”

The research house’s companies in focus include a "hold" rating for Star Media Group Berhad and Media Prima with a target price (TP) of 41 sen and 17 sen respectively as both are trading below their net cash per share.

Astro is only the top pick for the sector with a "buy" rating and TP of RM1.15 due to it reaping the benefits of cost savings following the deferment of major sports events and an attractive dividend yield of 8.1%.

As at 9.45am, Astro remained at 81 sen, with a market capitalisation of RM4.2 billion. The stock saw some 95,400 shares traded.

Time to grab


Date Close
20/07/2020 0.805
17/07/2020 0.805
16/07/2020 0.805
15/07/2020 0.815
14/07/2020 0.815
13/07/2020 0.835
10/07/2020 0.84
09/07/2020 0.845
08/07/2020 0.84
07/07/2020 0.815
06/07/2020 0.82
03/07/2020 0.82
02/07/2020 0.81
01/07/2020 0.815
30/06/2020 0.83
29/06/2020 0.82
26/06/2020 0.825
25/06/2020 0.845
24/06/2020 0.85
23/06/2020 0.88

Board: MAIN
Sector: Telco&Media
Avg Volume (4 weeks): 6,164,410
4 Weeks Range: 0.80 - 0.89
52 Weeks Range: 0.705 - 1.61
Average Price Target: 1.10
Price Target Upside/Downside: +0.30

Lowest price again after MCO started in March 2020 :)

SIPR Historical Data
Time Frame:

Monthly
07/31/2018 - 07/20/2020

Date Price Open High Low Vol. Change %
Jul 20 0.640 0.675 0.720 0.635 2.81M -5.88%
Jun 20 0.680 0.675 0.770 0.660 166.85M 0.00%
May 20 0.680 0.650 0.740 0.605 132.23M 4.62%
Apr 20 0.650 0.545 0.670 0.530 160.93M 19.27%
Mar 20 0.545 0.760 0.780 0.475 108.01M -29.68%
Feb 20 0.775 0.780 0.815 0.750 82.45M -0.64%
Jan 20 0.780 0.905 0.915 0.775 66.90M -14.75%
Dec 19 0.915 0.775 0.940 0.760 157.79M 16.56%
Nov 19 0.785 0.730 0.855 0.720 525.53M 8.28%
Oct 19 0.725 0.835 0.855 0.705 176.66M -13.69%
Sep 19 0.840 0.880 0.890 0.825 93.35M -4.55%
Aug 19 0.880 0.970 0.990 0.790 114.52M -9.74%
Jul 19 0.975 1.030 1.030 0.965 49.91M -5.34%
Jun 19 1.030 1.050 1.120 1.010 57.95M -2.83%
May 19 1.060 1.100 1.140 0.955 158.47M -4.50%
Apr 19 1.110 1.090 1.180 1.070 52.78M 0.00%
Mar 19 1.110 1.050 1.130 0.980 37.27M 5.71%
Feb 19 1.050 1.160 1.210 1.050 33.22M -8.70%
Jan 19 1.150 0.980 1.200 0.945 49.93M 15.58%
Dec 18 0.995 1.000 1.100 0.905 67.23M 0.00%
Nov 18 0.995 0.975 1.060 0.950 86.23M 2.05%
Oct 18 0.975 1.170 1.180 0.910 134.62M -17.37%
Sep 18 1.180 1.240 1.260 1.160 56.00M -6.35%
Aug 18 1.260 1.340 1.400 1.200 53.08M -5.97%
Highest: 1.400 Lowest: 0.475 Difference: 0.925 Average: 0.908 Change %: -52.239

institutional funds are grabbing the shares :)

AMANAHRAYA TRUSTEES BERHAD - AMANAH SAHAM BUMIPUTERA 26-Jun-2020 Acquired 1,337,100 0.000 View Detail
AMANAHRAYA TRUSTEES BERHAD - AMANAH SAHAM BUMIPUTERA 25-Jun-2020 Acquired 4,000,000 0.000 View Detail
AMANAHRAYA TRUSTEES BERHAD - AMANAH SAHAM BUMIPUTERA 24-Jun-2020 Acquired 830,500 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 23-Jun-2020 Acquired 1,220,000 0.000