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2018-11-24 00:46 | Report Abuse
There's too much oil supply. Future for oil is bleak as countries are adopting cleaner energy source. China enforced auto manufacturer to produce more hybrid cars.
2018-11-12 14:26 | Report Abuse
A fund manager with a local asset management firm favours Dagang NeXchange Bhd, the share price of which is a fourth lower compared with a year ago.
“I think if you look at companies like DNeX, the fundamentals are strong but its PER is only in the low teens. Most of the selldown was due to the uncertainties in the global market as a whole but if you’re investing for the long term, the company is in a good position to grow. It has a diverse business in IT support as well as in the oil and gas space, which is seeing recovery with oil prices at current levels. Its balance sheet is also strong,” he says.
“Of course, there is the concern over the proposed fine of RM17.4 million by the Malaysia Competition Commission for alleged monopoly abuse. Apart from that, the company seems like a good buy,” he adds.
2018-11-09 08:52 | Report Abuse
Genting Singapore net profit soars 46% in Q3 as attractions business grows
2018-11-07 19:22 | Report Abuse
Pursuant to the release of the Malaysian Budget 2019, the Board of Directors of GENM wishes to inform that it has been advised by the Ministry of Finance today that the casino licence fee will be revised from RM120 million to RM150 million per annum and the casino duties will be revised up to 35%. The increase in casino duties represents a 10 percentage point increase over existing duty rates. The amendments will take effect from 1 January 2019.
GENM is assessing the full implications of the additional taxes and will take the appropriate next course of action which includes a review of its marketing expenditure and cost structure to mitigate the impact of the tax increases.
This announcement is dated 7 November 2018.
2018-11-07 10:30 | Report Abuse
Downgraded to "market perform" from "outperform". TP 4.75 by Kenanga Research
2018-11-06 22:25 | Report Abuse
Hahaha....Uncle Lim and Lim Guan Eng, both under Lim family tree. Pushed price down to collect cheap, equity market is the only place to get tonnes of money.
2018-10-31 10:46 | Report Abuse
Any idea which developer is issuing the ICO? Country Heights "Horse Currency"???
2018-10-27 11:27 | Report Abuse
If the company can consistently get contracts with potential future growth & expansion, share prices will eventually adjust to it's fair value.
2018-10-24 07:55 | Report Abuse
Let the counter accumulate. It'll move when time is right.
2018-10-23 19:13 | Report Abuse
Wonderful news. "Will contribute positively to future earnings and asset".
2018-10-17 19:07 | Report Abuse
OTHERS DAGANG NeXCHANGE BERHAD ("DNeX" OR THE "COMPANY") - LETTER OF AWARD FOR "CS KDDI PACIFIC LINK" SEGMEN 13 & 15 CABLE REPAIR IN INDONESIA WATER ("PROJECT"
2018-10-17 18:20 | Report Abuse
OTHERS DAGANG NeXCHANGE BERHAD ("DNeX" OR THE "COMPANY") - LETTER OF AWARD FOR "CS KDDI PACIFIC LINK" SEGMEN 13 & 15 CABLE REPAIR IN INDONESIA WATER ("PROJECT"
2018-10-17 14:40 | Report Abuse
US crude oil stockpile down by -2.1 mil. Oil prices expect to rise.
2018-10-08 10:54 | Report Abuse
Turbo kicking in. Tomorrow is AGM.
2018-10-04 19:35 | Report Abuse
Since director is buying, don't expect to have good announcement soon or else he will trigger insider trading. Buy and hold.
2018-10-04 18:54 | Report Abuse
Hmmm...today announcement. Mr. Chong Ket Pen bought back total 650K shares on 2nd Oct.
2018-10-02 14:38 | Report Abuse
Oil prices continues surging upwards.
2018-10-01 10:42 | Report Abuse
Resistance broken. Time to fly
2018-09-27 19:46 | Report Abuse
Hmmm Gkent bought back 400K worth of shares today.
2018-09-07 09:56 | Report Abuse
Price of rubber is relatively low coupled with weakened Ringgit. Export income USD translate to better future earning.
2018-09-03 11:07 | Report Abuse
Anyone noticed there is a direct business transaction of up to 4.2 mil shares from 29/08 to 30/08? Total value close to 2.2 mil ringgit.
2018-08-30 21:26 | Report Abuse
Share price artificially inflated for past few weeks. Big boys will push up a little, let market have the impression price is set for rebound, trapping small investors, while slowly unload their position.
This process could take weeks, even months.
2018-08-30 07:31 | Report Abuse
Kinda overpriced in my opinion, should be interesting to see the movement today. May result to profit taking, hope I'm wrong.
2018-08-30 07:05 | Report Abuse
Current government's position is to reduce debt, therefore decline in future project as compared to previous years. Few of my friends in construction industry reported drastic dropped in earnings coupled with rising bad debt.
These are the ground sentiment so far.
2018-08-28 19:03 | Report Abuse
LETTER OF AWARD FOR IGG MARINE INSTALLATION SUBCONTRACT (IGG MATANUSA AND SMPCS PATARA)
2018-08-28 07:55 | Report Abuse
“Taking into account that Sapura Energy’s upcoming results for the second quarter ended July 31, 2018, will likely remain lacklusture, we view that near-term sentiment on the stock will be hugely influenced by the dilution impact at close to 30 sen,” UOB Kay Hian wrote in its report.
The brokerage has recommended a tactical downgrade on Sapura Energy to a “sell” from a “buy” previously, and has cut its target price for the counter to 29 sen from 70 sen previously.
2018-08-24 13:27 | Report Abuse
The Company wishes to announce that Founder Pay Sdn Bhd (“FPSB”), a whollyowned subsidiary of PUC, had on 24 August 2018 entered into a memorandum of understanding (“MOU”) with Revenue Monster Sdn Bhd (“RMSB”) (collectively referred to as “Parties” and individually as “Party”).
2018-08-19 20:17 | Report Abuse
Southeast Asia is slowly becoming the new battlefield for e-commerce platforms as more of them establish a presence in the region.
Right now, the two largest platforms are Lazada, which is controlled by Alibaba Group Holding Ltd, and 11street, which is operated by Celcom Planet Sdn Bhd — a joint venture between the subsidiaries of Axiata Group Bhd and South Korea-based SK Telecom....
News from TheEdge
2018-08-13 22:05 | Report Abuse
Is Dnex involve in this RFID sticker?
http://www.klsescreener.com/v2/news/view/417562
Stock: [GENM]: GENTING MALAYSIA BERHAD
2018-12-01 11:38 | Report Abuse
Wow....finally can buy at lower price. This is great!!!