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2017-08-22 08:22 | Report Abuse
Nice to know....
KUALA LUMPUR: Foreign investors are more realistic about the economic and financial prospects of Malaysia now than they were before the 1997-98 Asian financial crisis (AFC) struck, according to the chief executive officer of world’s largest indices provider MSCI Inc.
Henry Fernandez, who is also the chairman and CEO of the US company, recalled that Malaysia was “the darling of the investment community” before the AFC and capital controls implementation by the Malaysian government in 1998, but said that part of this could have been attributed to a sense of “overexcitement” on the country’s prospects.
“Living up to that crisis I think probably the market took Malaysia to a level which was not sustainable in terms of expectations, and then the opposite occurred in 1998 and the country went to the bottom of the favour among [foreign] investors,” said Fernandez.
“I think now the expectations of the market on what the country can do are more realistic, taking into account that Malaysia is an [oil producer], and there is [volatility] in oil prices, so they are more realistic about the economic as well as the political situation of the country” he told The Edge Financial Daily in a recent interview.
Malaysia fell out of favour with the international investing community when on Sept 1, 1998 the government imposed capital controls which prohibited the repatriation of funds. The ringgit was also pegged to the US dollar at a fixed exchange rate of 3.8 at that time.
“Malaysia was a darling of the investment community in the ’90s. It was opening up to foreign investors, it was restructuring, there were a lot of things going on in the country.
“A lot of that came to a fairly abrupt end in 1998 because of the draconian measures that the government imposed in order to, at the time, protect the currency,” said Fernandez.
As a result of the capital controls, MSCI on Sept 30, 1998 removed Malaysia from its developed market index as well as MSCI Emerging Markets Free (EMF) and MSCI All Country (AC) free indices. Malaysia was only readmitted into the EMF and AC indices in May 2000.
The Kuala Lumpur Composite Index (KLCI) plunged to 262.70 points on Sept 1, 1998 from 1,271.57 on Feb 25, 1997 — a 79% decline in 18 months.
Subsequently, the government eased its capital controls measures in 2005, but the KLCI only returned to the 1997 level on Aug 22, 2007 when it reached 1,255.39.
“A lot of investors were fairly spooked by the capital controls. They were not happy with their investments being frozen and the fact that they could not repatriate funds out of Malaysia. Malaysia was considered as a country not to be trusted in terms of investments ... those kind of problems lasted for a few years,” said Fernandez.
Today, the MSCI chief said there is fierce competition among countries for external capital.
“The demand for capital by governments, co
2017-08-22 08:15 | Report Abuse
OTHERS DAGANG NEXCHANGE BERHAD ("DNeX" OR THE "COMPANY") - INCORPORATION OF NEW SUBSIDIARY
DAGANG NEXCHANGE BERHAD
is it positve news??
2017-08-22 08:07 | Report Abuse
Lonbisc 7126 counter will goreng soon because they will issue rights,warrants and bonus.
sepupu dan sepapat...
2017-08-22 08:06 | Report Abuse
Mungkin terbalik...anak naik 10 sen mak naik 5 sen...itu namanya mak dokong anak..
2017-08-22 07:57 | Report Abuse
Poised to retest RM0.50-0.60 in the short to medium term amid bullish Harami formation in weekly chart. DNEX’s share prices corrected 33.5% from 10-year high of RM0.69 (3 May 2017) to a low of RM0.445 (11 & 14 Aug) before ending at RM0.47 last Friday. Following the formation of bullish engulfing candle in the daily chart and bullish harami pattern on the weekly chart, we expect DNEX to advance further to retest immediate resistance at RM0.50 in the short term as share prices are still maintaining its posture above the 200-d SMA (near RM0.42).
A successful breakout above RM0.50 will spur prices further towards higher targets of RM0.55 (30-d & 100-d SMAs) and our LT objective at RM0.58 (23.6% FR). Meanwhile, key supports are RM0.46 (50%FR) and RM0.445. Cut loss at RM0.435.
hopefully...flight doesn"t delay..
2017-08-22 07:42 | Report Abuse
Agree?? then let's see if it can breach previous high of 0.69.
2017-08-22 00:01 | Report Abuse
Aug 21, 2017 03:35 PM | Report Abuse
London biscuit just started its engine from yesterday 0.795 to highest 0.815 today. Stay tune.
2017-08-21 23:32 | Report Abuse
With such QR report, 400% increased, the price should above at least 20sen any time soon?
2017-08-21 23:26 | Report Abuse
Average Price Target: 0.96
Price Target Upside/Downside: +0.15
can collect from now...
2017-08-21 15:28 | Report Abuse
Technical Buy: SEDANIA (0178)
Author: PublicInvest | Publish date: Mon, 21 Aug 2017, 09:36 AM
Target Price: RM0.365, RM0.395
Last closing price: RM0.340
Potential return: 7.3%, 16.1%
Support: RM0.310
Stop Loss: RM0.285
Possible for bottom fishing. Without creating new lower-low, consolidation phase seemingly came to an end and SEDANIA’s share price is potentially heading into a wave of uptrend. Improving RSI and MACD indicators currently signal reasonable entry level, with anticipation of continuous improvement in both momentum and trend in near term. Should resistance level of RM0.350 be genuinely broken, it may continue to lift price higher to the next resistance levels of RM0.365 and RM0.395.
However, failure to hold onto support level of RM0.310 may indicate weakness in the share price and hence, a cut-loss signal.
Source: PublicInvest Research - 21 Aug 2017
2017-08-21 10:22 | Report Abuse
DNEX – Strong earnings visibility and sound balance sheet; Poised to retest RM0.50-0.58 on bullish Harami candle
2017-08-21 10:02 | Report Abuse
dont wait too long....will fly..no delay flight..
2017-08-21 09:56 | Report Abuse
A successful breakout above RM0.50 will spur prices further towards higher targets of RM0.55 (30-d & 100-d SMAs) and our LT objective at RM0.58 (23.6% FR). Meanwhile, key supports are RM0.46 (50%FR) and RM0.445. Cut loss at RM0.435.
2017-08-20 22:31 | Report Abuse
Average Price Target: 0.39
Price Target Upside/Downside: +0.195
2017-08-20 22:30 | Report Abuse
Bintai Kinden unit wins RM32mil job
PETALING JAYA: Bintai Kinden Corp Bhd’s subsidiary, Bintai Kindenko Pte Ltd, has won a contract worth S$10.44mil (RM32.38mil) from Singapore’s National Development Ministry (MND).
In a filing with Bursa Malaysia, the mechanical and electrical engineering services provider announced that Bintai Kindenko, in which it has a 69.82% stake, had received a letter of acceptance to undertake works related to the provision of integrated facilities management services, as well as mechanical and engineering works, for the MND offices located at Jem Office Tower.
The contract, scheduled for completion within a period of 36 months and expected to commence this August, comes with an option to extend for a further period of up to 24 months thereafter.
It said the contract would not have any effect on the issued and paid-up share capital of the company and will not have any material impact on the earnings, earnings per share, net assets per share and gearing for the financial year ending March 31, 2018, but will contribute positively towards the future earnings.
This would be the second contract that the company has won in Singapore, as Bintai Kindenko also secured a S$39.6mil contract last week from the Land Transport Authority Singapore to undertake mechanical works for Singapore’s four-in-one rail and bus depot’s environmental control system.
Read more at http://www.thestar.com.my/business/business-news/2017/06/29/bintai-kinden-unit-wins-rm32mil-job/#IGLolPLPPmOpjP9C.99
note:The contract, scheduled for completion within a period of 36 months and expected to commence this August, comes with an option to extend for a further period of up to 24 months thereafter.
2017-08-18 15:41 | Report Abuse
Posted by Investar2862 > Aug 3, 2017 03:30 PM | Report Abuse
Price stay above Ichimoku cloud after breakout.
Major technical indicators are positive - bullish.
RSI and SSTO has not reached overbought level yet - room for price to move up further.
Current Support at 0.330
R1 = 0.375
R2 = 0.425
R3 = 0.465
2017-08-17 16:38 | Report Abuse
Average Price Target: 0.37
Price Target Upside/Downside: +0.235
2017-08-17 16:10 | Report Abuse
Exercise Price: MYR 0.22
Ratio: 1:1
Underlying Stock: BIOHLDG
Avg Volume (4 weeks): 2,063,940
4 Weeks Range: 0.135 - 0.16
52 Weeks Range: 0.095 - 0.23
2017-08-17 15:27 | Report Abuse
Average Price Target: 0.42
Price Target Upside/Downside: +0.205
Don't forget this....
2017-08-17 10:35 | Report Abuse
agree noobbie.be patient...it will come..soon...
2017-08-16 22:13 | Report Abuse
Average Price Target: 0.34
Price Target Upside/Downside: +0.30
relax...
2017-08-16 22:08 | Report Abuse
Pursuant to paragraph 9.19 (40) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities"), we wish to inform Bursa Securities that Captii, our subsidiary which is listed on the SGX, had on 16 August 2017 released their announcement on the notice of payment of interim dividend and book closure date to the SGX.
Please refer to the attached file for the said announcement made by Captii to the SGX.
This announcement is dated 16 August 2017.
2017-08-16 22:06 | Report Abuse
OTHERS Announcement on the notice of payment of interim dividend and book closure date by Captii Limited ("Captii"), an indirect 58.3%-owned subsidiary of Advance Synergy Berhad, to the Singapore Exchange Securities Trading Limited ("SGX")
2017-08-16 21:48 | Report Abuse
Average Price Target: 0.42
Price Target Upside/Downside: +0.205
Don't worry...the time will come..
2017-08-14 22:37 | Report Abuse
[BIOHLDG] Change In Substantial Shareholder's Shareholding - PERBADANAN NASIONAL BERHAD on 14-Aug-2017
Stock [BIOHLDG]: BIOALPHA HOLDINGS BERHAD
Announcement Date 14-Aug-2017
positive..
2017-08-14 22:11 | Report Abuse
TRADING BUY - BIOHLDG (0179)
Source : PUBLIC BANK, Price Call : TRADING BUY, Price Target : 0.27
2017-08-13 23:22 | Report Abuse
Average Price Target: 0.37
2017-08-10 08:42 | Report Abuse
thats also consider a good news already
2017-08-10 08:34 | Report Abuse
Malaysian steel stocks turn red hot on China factor
Read more at http://www.thestar.com.my/business/business-news/2017/08/10/steel-stocks-turn-red-hot/#mKup4STZBsY7moQ5.99
2017-08-10 08:22 | Report Abuse
Agree... make it active than counter also active...
Date of Change Type Number of Shares
07-Aug-2017 Acquired 9,946,600
Registered Name Perbadanan Nasional Berhad
Registered Address Level 16, Menara PNS Tower 7, Avenue 7, Bangsar South City No. 8 Jalan Kerinchi, 59200 Kuala Lumpur
Nature of Interest Direct Interest
Nature of Interest Direct Interest
Shares Ordinary shares
Reason Acquisition of shares via open market
Total no of securities after change
Direct (units) 73,701,704
Direct (%) 9.14
Indirect (units) 0
Indirect (%) 0.00
Total (units) 73,701,704
Total (%) 9.14
Date of Notice 08-Aug-2017
PNB already in....what about you guys??
2017-08-09 23:29 | Report Abuse
Average Price Target: 0.56
2017-08-09 23:28 | Report Abuse
By NST Business - June 5, 2017 @ 10:08am
KUALA LUMPUR: Technology empowerment company Sedania Innovator Bhd is set to create a five-pronged business model with its acquisition of an established syariah-compliant financial technology (fintech) platform, As-Sidq.
The acquisition is targeted for completion in the second half of this year.
Sedania’s existing business model encompasses four segments: core and intellectual property-protected airtime share (ATS), Internet of Things (IoT), green technologies and big data analytics.
As-Sidq is a Tawarruq commodity trading system that uses prepaid telecommunication airtime credit as the traded commodity.
The electronic and fully-automated As-Sidq system is used by 21 financial services companies in Malaysia, including financial institutions and cooperatives, to facilitate Islamic financing.
As-Sidq has processed more than 300,000 transactions worth more than RM25 billion to date.
Sedania managing director Datuk Azrin Mohd Noor said As-Sidq had only facilitated Islamic banking transactions for personal financing thus far.
“Upon its merger with Sedania, pending shareholders’ approval, we wish to grow the current business model to also include other components of financial transactions such as factoring, hire purchase and credit cards,” he told NST Business.
The As-Sidq acquisition will provide Sedania with a guaranteed net profit of RM1.5 million a year for this year and next, ensuring the company’s positive cash flow and sustaining its turnaround plan.
While pursuing opportunities in emerging technologies, Sedania’s core ATS business will be retained and is projected to be back on the growth path this year, in line with the turnaround of the telecommunication (telco) sector.
“We are excited to collaborate with established and expansion-focused telco partners for our ATS platform, such as U Mobile which is constantly adapting new product offerings to suit user preferences.
“We intend to run more campaigns with U Mobile as well as other telcos this year as we roll out new services such as data and network sharing.
“These new offerings will complement the ‘conventional’ credit sharing and propel new user markets onto our ATS platform,” said Azrin.
Sedania has also made great strides in its IoT venture, where its wholly-owned IDOTTV Sdn Bhd in December last year entered into a strategic partnership agreement with Iscada Net Sdn Bhd to jointly provide IoT smart devices in designated buildings that allow instant connectivity with the Fire and Rescue Department.
“We are on track to complete the installation of 6,000 sites before year-end. We are confident of capturing other opportunities and partnerships for our IoT and green technology segments to sustain our performance,” added Azrin.
Sedania posted a RM200,000 net profit in the first quarter ended March 31, compared with a net loss of RM800,000 a year ago, driven by strong delivery of its IoT contract.
The company’s revenue jumped 243.3 per cent to RM6.1 million versus RM1.8 million a year ago, boosted by new contributions in the IoT and green technology segments.
so finally dont worry be happy
2017-08-09 23:15 | Report Abuse
Bear in mind this statement
In its fourth quarter of FY16, its revenue came in at RM90.65mil, its strongest in recent years.
Read more at http://www.thestar.com.my/business/business-news/2017/04/15/winds-of-change-at-advance-synergy/#ilIm0RZE3wm0omQp.99
2017-08-09 23:13 | Report Abuse
Saturday, 15 April 2017
Winds of change at Advance Synergy
Read more at http://www.thestar.com.my/business/business-news/2017/04/15/winds-of-change-at-advance-synergy/#rcHpwH16041G26Ei.99
2017-08-09 22:59 | Report Abuse
Stock Name: BIOHLDG (0179)
Entry: Buy above RM0.25
Target: RM0.275 (10.0%), RM0.285 (14.0%)
Stop: RM0.23 (-8.0%)
Shariah: Yes
Technical: Monitor for breakout
Source: Bloomberg, M+ Online
2017-08-09 22:33 | Report Abuse
Consensus recommendation
As of Aug 04, 2017, the investment analyst covering Bioalpha Holdings Bhd advises that the company will outperform the market. This has been the consensus forecast since the sentiment of investment analysts deteriorated on Nov 19, 2015. The previous consensus forecast advised investors to purchase equity in Bioalpha Holdings Bhd.
Stock: [JAG]: JAG BERHAD
2017-08-22 08:38 | Report Abuse
No matter how much ppl sell to take profit, there is "someone" collecting from the sellers. The volume collected is simply amazing. Jus a matter of time before push to 20s-25s...i think very soon...
today or tomorrow it doesnt matter if you have holding power...
but not too long...