the 2 lines closed down are manned by contractual workers ( F/workers ) utilised by their JV partners and not workers employed by TS in Penang

if USD continue the upward momentum (if Fed raise their rates in Dec ) expect more volaility. Clinton may ask Fed to delay any hikes in Dec until the economy is on more solid footings.

Ex[port from emerging countries ( commodities and electronics ) will be beneficial, exports denominated in USD but raw supplies in ringgit. consumer products or CKD packs will be price higher

contra kaki kena contra last round. genuine buyers holding FGV

Clinton odds on favourite. US stocks rally spillover effect to all markets. Feel good momentum. When USD strenghtens and Ringgit weakens. Good for businessmen exporting products ( but bad for people )

BMD CPO price > RM 2,860 per tonne (Jan 2017). undertones bullish . Yesterday + RM 55 ( 7/11) . Today up RM 66 . GE 14 election ( possible in March 2017 ) FGV shares sharp drop from RM 2.50 to RM 1.95. Tabung Haji & KWAP buying & supporting FGV when market turned upon news of a steering committies ( proposal ). what for market to trend back > 2.50

ECRL 100% financed by China. 1-7 years need not paid anything. HSRL ( JV between Singapore and Malasyia ) . Open tenders. ECRL directly under EPU Unit (PM Office )

Yup. 2.40 only around late September. now everyday new low. currency 4.19 unchanged. fundamentals also no drastic changes. but share price !

FGV sandwiched between political power plays. uncofirmed reports and corporate resturucturing hurting FGV. Cooking oil price up. CPO price holding up. Now we have news on Eagle high debt papers. Steering committie rumours. who to believe ? behind the scene who knows what's going on

this is bad for FGV . sharp drop below 1.91 ( CPO holding steady $2,7oo ) the so called steering proposal (despite Zakaria outright denial )

tksw. my apology . no downgrade in earnings. but earnings fell 38 Million to 22 Million ( Quarter on Quarter ) Hit by project completion. sales revenue also down

imagine last week selling at > 3.30 . Today down to 2.84 ( - 46 sen ).
buy back at around 3.00 ( ?) still make a good profit of 30 sen. better than any dividend. no change in any shareholding percentage. just imagine ???

Gadang hit by earnings downgrade plus coming share split. people tend to sell first and buy back later ( after shares stablised )indirectly profit from the contra selling .

Gadang announced share split 1:2, Bonus issue 1 :4 . plus free warrant 1:4. If plays it right .if major shareholder selling ! he knows something ? we are not aware of. Just an assumption

whether FGV going after Edge is another story for another day. likely insider leak ( where Edge got the source ) before splashing it. Not everybody is in total agreement with the steering proposal. Look at deep throat ? the insider story

we have good food, we also have badly cooked food. Last but not the least we have spoilt laksa. well having a steering committie is akin like having rotten food for lunch

steering committe by name. decision make by single VVIP person. others just follow. this is bad for corporate GLIC if things pan out with a steering council over-riding the Board.

Xuen wen. we are all God fearing people. we dont want people to think we are still living on tress. Remember God tell us. do more good deeds, talk good and think good. ( most important do not take advantage of other people but twisting facts ) Cheers have a nice day

xuewn. this is the problem of our southern neighbours ( they feel they are superior than us). if given the right opportunity and exposure. myself believed our Malaysian people can be at par with the best of the best.

Most Singapore Hospitals are staffed by Malaysians . we are forced to work in our neighbour states because of economic necessities .not because our IQ are lower ( afterall their past senior MInisters are all born in Peninsular before the break )

buying a property and building a mega-mall is 2 different type of projects. buying a project (you can forsee or project the value based on traffic count, location or infra development projects )

building a mall looks at things ina different angle. location and attracting buyers or tenants. selling on future catchment areas or potential capital appreciation.

some developers are good (enticing customers ) some are not soo good. Mall attractivneess subject to tenants mix or branded lifestyle. Sg Wang plaza is a prime example where MRT projects and on going construction (plus certain local factors ) has turned the once sought address into less desirable or secondary choices for city folks.

traffic at Pavilion or Low Yat is less affected compared to Sg Wang Mall. Whether Gadang project at Tampoi is a hit or being hit ( is still early days )

market drag down by selling pressure. contra players hard hit by sharp drop on Gadang . last Thur 3.28 ( down -46 ) today is T+2

anything link to Eagle high, Indonesia. ??? investor not happy with FGV ( thru FIC ) buying their debt papers. just my guess

BMD CPO futures forward months $2,800 level. FGV seems heading south ?

the least I can say. the Loh family is proactive in managing the business. the shut down of the 2 lines at thier Penang {TS} is based on what was forecast during the sales slump of solar wafer 3 months prior to the price recoveries
it's a social PR disaster with Tek seng holding price slump 30 %. TS solar is one of the subsidiaries { that contributed part of Tek Seng group consolidated profit}
coming qtr result is an affected based on what's reported. nonetheless need more details after the qtr is make known. the consolidating fact is the Loh family is mopping up the shares and warrants.
keep our finger cross something good is coming. maybe a bonus shares issued ( just a wild guess } happy Diwali

Malaysia relies on CHina FDI.straight forward answer. China invest big simple fact

Myself not aggresive. BUy and hold (not the contra kaki ) limited bullets. Ha - ha. happy trading

based on the projected volume (TS) anticipated that the excess lines become redundant. this 2 lines are manned mainly by FWorkers. Total workfore comprised of 25% foreign contract workers (75% balance are locals ) Figs extracted from their 2015 report

Tks, testing your inputs. Hopefully can reproduce it withhigh accurancy

company structure quite straight forward. nothing compares to others ( where a myriads of companies invested ) fabrication and assembly not rocket science. you place the orders we produce. real brick and motars business. all penang born entrepreneurs ( not flashy like Jlow ) Ha-ha . He is from Penang (JLow ) Ha - Ha

the Loh family (combined interest) hold app 137 Million shares out of total 266 Million shares issued. app 51% of the paid up capital excluding any warrant conversion or shares under nominess. Loh members are all active in the running of the company. they must know something good is coming

Yup. AAX trend is dictated by smart money. we just ride along with the waves. Need to be cautious. Nov 8 election (US ) may be a red herring

LOh was stun by the bad publicity. Tek Seng price drop 30% due to the one off lay off. Lessons learn in a hard way. TS Solar are contract assemblers for their Taiwan partners. Volume tends to fluctuate based on forecast demand and orders

most analyst tracking banking stocks expect CIMB Niaga & CIMB Thai to perform much better

Najib may surprise everybody with a MOU with China on the veg oils import. Last time Chinese Premier visit ( pushing hard for a trade deal) but never materialised. Hope this round Najib can get China to ink the MOU

Indonesia under Jokowi has attracted alot of FDI. Kenanga has put a buy on Maybank. they expect Maybank ( top GLic) to regain their number 1 position over PBB. Maybank has exposure in ASEAN and Asian region. PBB strong in the domestic operations. Hope Maybank can ride on the strenghenting ringgit

forthcoming dividend means cashflow is strong and expect good qtr result.

Yup. sometimes Edge tends to politicise issue

read that piece of news. Myself not in a position to comment. Previously FGV ( under Emir ) wants to acquire 28%+ of Eagle High shares from Rajawali group. Subsequently , matter delays because of unhappiness due to FGV high acquistion share pricing . FGv reported paying 30% higher compared to market price.

Later, reported thru FIC subscribing Eagle High debt papers. FGV is a wholly owned GLIc. Even if CEO ( Zakaria is not favour ) if its a Board decision he has no say. This is how i look at it. reasons ? why FGv shares fell against the general uptrend in CPO prices.

Negative news flow on FGv subscribing Eagle High (Indonesia ) debt paper thru FIC ( FGV investment Corp ). Eagle High high borrowings ratio. Total debt app USD 600 Million. This is my personal view. Not an inducment to buy or sale. FIC or FGV at this point of time has not confirm or commented on the Eadle High Plantation debt papers

need to re-read and see whether myself fits in. Ha- Ha .

Crude Oil has marginally impoved from their lows (currently at USD 50 per barrel) Despite whatever OPEC cut's in production. Oil has floundred and most analyst has forecast Oil price to trade between USD 40 - USD 60 per barrel. Anything higher, the shale gas producer will kicks in. The US and China ( both oil guttons ) has moved away their 100% reliance from Oil.

Oil is a major operating costs of Airlines. However, key revenues still relied on the Airlines connectively and other cross sale of the airline services ( hotels, insurance, food, cargo etc.) this is where AA group has a leg one up on the other competing airlines

This is something myself disagreed with Yap. first timer should be allowed to withdraw more from their EPF A/C 1 (together with A/c 2) to allow them to own a house or apt ( whatever ). Indirectly a house is also a long term investment rather than park in EPF for another 20 years. Whereas the money in EPF(15- 20 years) till retirement age is not a smart thing ( unless you intend to draw the EPF like a pension fund) A roof over one head is paramount rather than talking about other alternate investment as suggested by Yap. Share it if you agreed.

despite the cut in subsidies. our Government of the day is faced with a tough balancing act between growing operating expenditure (leaving less room for other infra, research & development developments )

one of the key areas ( year in year out ) is the growing percentage of the pay out pension & wages fork out by the government. Our civil servants (against the country's population ) is the highest among the world. Plus the growing life expentancy means more salary and less room for other critical areas.

Fuel cost have a bearing on airlines operation. If frequecy increases ( likewise the percentage of Jet Fuel may correspond drop ). Most hedge between 4 months - 6 months on a fixed quantum with a variation of Jet fuel supplied.

If prices trending down. Oil companies will offer 10-12 months forward pricing. If they feel pricing is going North. then like wise the quantum they offer is lower and period is shorter. This is part & parcel of everyday trades. It's applies to everybody in the airlines industries not only AA group.

with GE 14. BN may surprised us with election goodies (cookies ). tax cuts could be on the table ( both corporate and individual )

most Ib very conservative on to price. they will upgrade and downgrade { after the market moves}. most reports are just good read for past result

i a still waiting for Mr Bb to unearth an hidden jem * eg inari 80 moved up > 3. 00 or AWC from 40 to 90. or recommend us to buy AA at 1 40 { now 2 80}. this are the counters everybody love to hold not CSc

coming budget. incentives for solar & green technology industries. under the NKEA Malaysia has targeted this sector as a key area for economic transformation. if more tax breaks materialized good for TS solar ( jv with Taiwanese with German technology) just my view on the solar & green industries.

basically it's boils down to one thing. this forum has generated alot of interest not only with retailers but also from fund personnel. people like BB utilised this forum to influence people decision. some may even attempt to use multiple identity to create panic. just do our homework and separate the straw from the wheat.

Ringgit continue to drop. today traded at 4.18 to a USD. beginning of September holding 4.08. sharp fluctuations good for TS Solar business ( sales denominated in USD )

GZulu @ nice of you to organise the tour. Myself cannot make it on Thursady. Maybe you can keep us posted on TS ( after the visit ) You have a nice day

Very modern factory. located at Bukit MInyak, Penang. Should visit it