Yesterday afternoon whole market was dragged down out of the blue new political development

LTAT past 3 years dismal pay out range between 2.0% -2.5% dragged down by Bstead mark to market valuations. Taking private is a way out for LTAT board { curtailing their ability for a higher pay out ratio }

GENM strong support at 2.00

Past record showed K1 up one day down the next 2 trading days.

Dr Hisham expect the numbers to spike up further within the next few weeks. He has projected the rate at 1.8 or 1.9 { yesterday 691 } worldwide already spike past 36 million. People are not going anywhere on holiday or leisure at least for the next 2 years { until a vaccine is found }

The collaboration between tencent & GP subject to GP building the servers for tencent cloud business over the next 5 years at the cost of 500 Million ringgit in Malaysia. GP need to raise funds by PP or shares sales to built the servers { tencent not paying a single sen } 2 things come to mind. GP share base will balloned up like Sapenergy 5 billion shares base if they continue to issue shares by PP or equity sales . Second GP does not have the financial muscle to back up it's balanced sheet. thirdly cloud computing can be a momentarily overlapped by a new technology or curtailed by new political issues.look at Huawei being investigated, scrutinized and banned by US and it's allies over so called security sensitivity areas.just my 2 sen over the jV between GP and tencent { anything can and change in 5 years }

2.00 is the key support. MACD weak

Which branch?

U are lucky prices trending lower

I are lucky prices trending lower

Edge reported today 20+ penny stock counters manipulated by certain related parties transaction to pump up their prices

Sulawesi JV project put on hold due to environment issues. At this point unable to determine the time frame when the project can restart

3Qtr report ending 30September { announced by end November }

Warisan self inflicted damage when their candidate question the Lahad Datu incident { hurting role of the servicemen } winning margin is razor thin in alot of seats. The servicemen votes counts

Possibility of another round of PP to finance the start up cost. Their business in the past 4-5years not cash positive . Only way is to raise thru PP or rights. right issues are not popular based on GP { IBs not keen. }

Vaccine play has just started. Look at DJ thier pharmaceutical stocks. Here DPharma and Pharma are the real big players. MOH can not award the bottling plant to any private company.they have their own SOP procurement. Any health distribution need MOH , MMA , MOSt approval

Yes ABCD. LTAT can and will be able to revise upwards their pricing subject to the level of acceptance. Past history showed if acceptance is below 70 % offeror canl upscale thier pricing. LTAT is cash rich

WHO guidelines vaccine doses will be started with all the Health workers and frontliners to bolster their antibodies. Initial trials 2 doses per person similar to other vaccines. May not be 100% successful but will do thier job in curtailing the pandemic spread. WHO estimate but year end 100 Million people will be at risk if vaccines program is stalled

China vaccine may not be 100% successful but their trial result has showed tremendous potential in curtailing the pandemic spread. KJ has announced Malaysia joined the WHO COVAX plan. Malaysia GoG discussion with China on thier vaccines

Apart from Bplant, Pharma, Affin,,BHIC, BHP petroleum.other jewels Bproperties { Mutiara Rini, Mytown } and Profitable UAC. LTAT knows it's a unloved gold mine

Glove counters hit by IBs and fund houses profit taking and down grades. they will reload thier portfolios after the sharp fall.

Trump is pushing for the vaccine before his re election bid in November

Indonesia already pre -book 50 million vaccine dose with China

LGE increased 2 fold Genting taxes & levies but PN enjoying the fruits

Boustead owned 57% of Pharma. Pharma share is now at 4.70 is much higher than Bstead own share price between 65- 70 sen. Imagine taking private Bstead in October at 80 send and later sell off Pharma stake at 5.50 . No question !win win for LTAT

Vanbasten - EPF sold off Top glove betw 4.50 -4.90 price range { whereas towkay started their family buyback from the low } same goes for D pharma EPF sold thier stocks when price dip below 3.30. expect them to reload back

D pharma recent high at 4.30 still room for it to spike up once vaccine is in

Counter hardly moved. FCPO hit 3,000 mark but TSH stuck at this low level.

ABCD - yes change the tagline or used I don't know or don't remember tagline

LTAT priority lies with Bstead . Losses at holdings ( price to market valuations }drag down LTAT ability & limit thier paid out to members. 2 years in a row their paid out only at 2.0% and 2.5% respectively. Pakatan Harapan mistake on financial constrain led to discontentment among supporters. Look at Slim river by election. People cheer Najib { bossku } not because they trust him but $$$ talks. PN is not stupid and Ismail Sabri { Umno } is the senior Minister for defense

CPO futures hitting $3000 yet plantation shares ???

DJ drop 650 points. Time to relook at phama and HC stocks

DJ drop another 650points. Not a good sign for bursa

Started off with brokers " no contra trades for glove counters " now see what happen ! Whole market suffer

holding K1 is no joy .1 day up next 2-3 days down

Market sentiment is bad. DPharma got hit everyday

A few analyst's citing Petronas Capex deferment { due to thier substantial losses} has cut Sapnrg to 8 cents. Sapnrg relies on Petronas capex

Don't forget China holding winter Olympics starting 4 Feb 2022. Tokyo is having their summer Olympics in Mid 2021. Vaccines will be ready Before the games start
Vaccine is 100% { ready prior to the event }

list of Shareholders - PNB plus investment banks and fund institutions

All markets pull down by DJ

k1 always not the right timing announcement

Just to side track. Bstead suing ex board {directors} for failure of fiduciary care & responsibility .charges too vague as Tan Sri Lodin was helming the group for the past 16-17 years. At what point ? All this a protracted shadow play

Stock writer : totally agreed expensive gloves , properties sales quite gloomy, banks hit by rate cuts , Ace counters goreng up , 5G rollout defer. What else but pharmaceutical

High price stocks tend to attract less retailers

Big boys flushing out ikan bilis

5G rollout put on hold { defer } till 2022 announced by Ministry

5G rollout put on hold till 2020

CEO {CCP } never reveal the PP pricing. If I am not wrong it's fixed at a discounted price against the company NTA and market average traded prices. Pure case of sell first and get the $$$ lock in { whether market is up or down }

By holding back their dividend payout citing challenging times minority shareholders are left hanging. Alliance bank was the first bank to defer their bank dividend despite growth during the MCO lockdown period

KWAP , KWSP, Tab Haji and PNB related funds asking for higher pricing. Thumb of rule 1.74 NTA even with a discounted valuations on a congolemrate. The sum of parts valuation is still higher at 1.00 +