7chewe

7chewe | Joined since 2021-03-14

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Stock

2021-12-04 13:14 | Report Abuse

Koperasi Permodalan Felda emerges as substantial shareholder of TAFI Industries

Azanis Shahila Aman2-2 minutes 12/2/2021

KUALA LUMPUR: TAFI Industries Bhd recently announced that Koperasi Permodalan Felda Malaysia 2 Bhd (KPF2) has emerged as a substantial shareholder of the company following a share subscription.

KPF2 had acquired the 12.65 million TAFI's shares representing a 10.20 per cent stake from controlling shareholder Armani Synergy Sdn Bhd via direct business transaction.

"Armani Synergy remains the company's controlling shareholder via its holdings of 64.86 million shares which represent 52.33 per cent of TAFI's share capital excluding treasury shares," it said.

KPF2 chairman of Investments committee Abdul Malek Jalil said KPF2 is optimistic about the prospects of the furniture and property development industry.

"We had invested in TAFI to gain exposure to the said industries to enhance investment returns for its members," said Abdul Malek.

Meanwhile, TAFI group managing director Datuk Seri Azlan Azmi said the investment in the company by institutional investors such as KPF2 is a vote of confidence on the long term prospects of its furniture and property development businesses.

Azlan said TAFI understands that KPF2 will be seeking board representation in the company in due course, and TAFI looks forward to having more unbiased views to board deliberations and evaluations of its performance and business strategies.

"We are confident that bringing KPF2 onboard TAFI as a substantial shareholder will also give rise to synergies as TAFI will be able to market its furniture products and property offerings to KPF2's members", he said.

Stock

2021-11-26 11:33 | Report Abuse

very high possibilities t0 LU! come join the wagon guys

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2021-11-22 12:03 | Report Abuse

Very strong buying interest, IF able to maintain above 2.300, there's a hope for RM3 within a weeks

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2021-11-14 20:03 | Report Abuse

https://www.astroawani.com/berita-malaysia/covid19-gelombang-baharu-akan-berlaku-menjelang-hujung-tahun-pakar-kesihatan-330749

COVID-19: Gelombang baharu akan berlaku menjelang hujung tahun - Pakar kesihatan
November 13, 2021 20:35 MYT

Stock

2021-11-11 11:20 | Report Abuse

KUALA LUMPUR (Nov 11): TAFI Industries Bhd’s shares on Bursa Malaysia was higher in the early session today after the group announced that it is still in the midst of deliberating on a corporate transaction to enhance the trading and marketability of its shares, among other things. The group said this in response to Bursa Malaysia’s unusual market activity (UMA) query yesterday. At 9.59 am, the counter rose 16 sen to RM3.99 with 3.57 million shares changing hands. In a filing with Bursa yesterday, TAFI Industries said it has yet to finalise the details of the transaction.

https://www.theedgemarkets.com/article/tafi-share-price-response-bursa-uma


already break resistance RM4.00, buyers is still intact ~70%
what's next for TAFI? LU or LD?

;-)

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2021-11-10 15:41 | Report Abuse

UMA passed. BUY call? something GOOD gonna happens?

haha green all week long...

from 0.64 Jan 2021 climbing UP non stop, genetec2 in da makin :)

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2021-10-27 13:08 | Report Abuse

JENDELA/Mydigital beneficiaries:

Just before lunch:

Redtone already UP 25%
OCK 5%
Binacom 5%
Rohas 5%

OPCOM? guess?

fasten your seatbelt....ermmm ;-)

Stock

2021-10-21 12:08 | Report Abuse

slowly it will go Up back to 0.925 (highest for today) R0.930/R0.970

past 9 days, only 2 days in red (profit taking) BUT it is very minimal means most people buying this counter for HODL! drop only 0.005-0.010

LIONIND showing its strength.... AUUUMMM!

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2021-10-21 11:02 | Report Abuse

come and join US now! still early, LIONIND just make 47%, decent profits past 9 days...

long ways to go, after 0.97, next PIT STOP is 1.57,

after that, the sky is the limits....RM2 possible?

TA wise very excellent, cash rich of excess 500mil, wating for DIV announcement? may be

:-)

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2021-10-21 09:51 | Report Abuse

waiting to LIMIT UP...

after 9 consecutive days on UPTRENDs!

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2021-10-21 09:42 | Report Abuse

come on LIONIND...next hurdle 0.97
hopefully can break by today

AUUUMMM!!!

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2021-10-18 09:41 | Report Abuse

GO GO GO LIONIND


AUUUUMMMM! TP RM1

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2021-10-14 20:22 | Report Abuse

Steel Demand to Increase Next Year Even as Energy Crisis Looms

2-3 minutes 10/14/2021

By BLOOMBERG

Steel demand should climb again next year, even as a deepening energy crisis threatens the global economy’s recovery from the pandemic, according to the World Steel Association.

Consumption will rise 2.2% to 1,896 million tons in 2022, a slower pace than this year’s 4.5% increase, the industry group said Thursday. The main drivers of growth will be outside China as the country’s real estate crisis undermines demand, it said.

The energy crisis and supply-chain bottlenecks pose risks to the recovery, with some European steelmakers being forced to curb output as power costs soar. Worldsteel expects the rebound in car production to slow in 2022, with the sector continuing to suffer from a shortage of semiconductors.

“Producers might feel the impact of the energy crisis but demand continues on for a while,” World Steel Director General Edwin Basson said in a presentation. “We don’t see a significant collapse in demand but it is quite possible in the early part of the new year we will see some curtailment of demand.”

Global steel demand boomed this year as builders and manufacturers led the rebound from the pandemic. China in particular used large scale construction projects to drive its recovery, stoking demand for the metal.

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2021-10-12 07:09 | Report Abuse

CGS-CIMB raises target price for Freight Management to RM1.27

8/20/2021

CGS-CIMB raises target price for Freight Management to RM1.27

KUALA LUMPUR (Aug 20): CGS-CIMB Research has maintained its “Add” rating Freight Management Holdings Bhd (FMH) at 73.5 sen with a higher target price (TP) of RM1.27 (from RM1.20) and said FMH’s FY6/21 core net profit of RM32 million (+90.6% y-o-y) beat expectations,thanks to higher-than-expected freight volumes in 4QFY6/21.

In a note Aug 19, the research house said that going forward, FMH should post stronger earnings, driven by a recovery in global trade, expansion of service offerings and better cost efficiencies.

“We lift FY22-23F EPS to reflect higher demand for freight services and higher economies of scale, and introduce FY24F EPS.

“Reiterate Add, with a higher TP of RM1.27 (20x CY22F P/E),” it said.

https://www.theedgemarkets.com/article/cgscimb-raises-target-price-freight-management-rm127

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2021-10-07 15:21 | Report Abuse

HARBOUR - OTHERS

OTHERS HARBOUR-LINK GROUP BERHAD - PROPOSED RENEWAL OF SHAREHOLDERS' MANDATE AND PROPOSED NEW SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE; and - PROPOSED RENEWAL OF SHARE BUY-BACK AUTHORITY
HARBOUR-LINK GROUP BERHAD


Type Announcement
Subject OTHERS
Description
HARBOUR-LINK GROUP BERHAD - PROPOSED RENEWAL OF SHAREHOLDERS' MANDATE AND PROPOSED NEW SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE; and - PROPOSED RENEWAL OF SHARE BUY-BACK AUTHORITY


The Board of Directors of Harbour-Link Group Berhad ("Harbour-Link") wishes to announce that Harbour-Link intends to seek the shareholders' approval on the
following proposals at the forthcoming Nineteenth Annual General Meeting:-


- Proposed Renewal of Shareholders' Mandate and Proposed New Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature;
and


- Proposed Renewal of Share Buy-Back Authority.


The Circulars to Shareholders containing details of the above proposals will be despatched to the shareholders of Harbour-Link in due course.

This announcement is dated 6 October 2021.


Announcement Info
Company Name HARBOUR-LINK GROUP BERHAD
Stock Name HARBOUR
Date Announced 06 Oct 2021
Category General Announcement for PLC
Reference Number GA1-06102021-00032

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3198618

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2021-09-24 19:31 | Report Abuse

https://klse.i3investor.com/meeting/0195/06-Sep-2021/12205_1136614618.jsp

EGM : approval for Binacom to be more diversified group...more income generating :-)

MORE good news to come.

Monday GAP UP!

Stock

2021-09-24 16:37 | Report Abuse

Bilis is selling, shark is collecting

for newbies pls study JENDELA, and connection between Binacom~Maxis~Huawei

who would be the main beneficiaries of those contract about to announce soon, latest budget 2022?

:-)

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2021-09-24 11:53 | Report Abuse

yesterday already flush out weak holder,

today Binacom already lighter (less volatility), volume just slightly increase but price increase (less pressure from seller). Greeen day today

once volume surge (more buyer), it will FLY again to hit above 0.50

be patient, waiting a good news frm management!

IT will surely FLY upon Jendela budget being announce, Binacom sure be a net winner!

BUY on rumours, sell on news!

Stock

2021-09-24 10:40 | Report Abuse

come on Binacom, lets beat opcom! ;-)

someone is collecting in BIG amount....ready to FLY

today TP ~R 0.495

Stock

2021-09-23 21:45 | Report Abuse

told you so. do not easily panic. it will go back above 0.50 and moving UP!

Stock

2021-09-23 11:05 | Report Abuse

be patients, its taking a deep breath (flushing out weak holder), before going to next destination nearest point R 0.480 / 0.515

Stock

2021-09-22 21:53 | Report Abuse

price drop due to low volume is not a strong signal (for reversal), it can simply "boost up" price further UP once the volume surge.

Let see tomorrow, after taking a "deep breath", and flushing out weak holder, the price gonna hike unstoppable.

lets give others to a chance re-enter. so that no one is left behind, once it reaches TP 1.000

Stock

2021-09-22 10:59 | Report Abuse

Lets spread positivity of ENCORP

Performance:

1YR : +143.90%
6MTH : +58.73%
3MTH : +51.52%
1 MTH : +72.41%
5 DAY : +38.89%

BBB!

Stock

2021-09-22 10:51 | Report Abuse

PAUSE break awhile, to flush out the weak holders (since yesterday evening) before moving to the next resistance 0.605, after that it will be non-stoppable.

this morning, most counter also slow, still sideways, even though more green counters (391 vs 341) people trade with cautious.

those wish to enter Encorp, now is still the right moment. You're most welcome

Ermm, I am sitting on a profit, lets join us. :)

TP 1.000 still intact..\ HODL

Stock

2021-09-21 21:46 | Report Abuse

Waiting for BIG BOYS to come in as a saviour, may be start at 0.75-0.80, at least to save Felda stake

for Felda its now or never, half way done, another half way thru to hit 1.000

for US? lets make BIG bucks! BBB

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2021-09-21 21:39 | Report Abuse

still strong...able to maintain above 0.500 tomorrow, gonna test 0.595

TP 1.000 still intact! Slow and steady....

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2021-09-21 11:31 | Report Abuse

volatility is still there, because people still un-convince that counter can hold longer

once price keep increasing between ~5-10% daily, its gonna be less volatile

today maintaining above 0.50 (>5%) above 52 weeks high is consider good, BUT if it can be above 0.550 (~>15%), then more people gonna convince it will move higher towards TP RM1.00

BBB & HODL!

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2021-09-21 10:50 | Report Abuse

https://www.theedgemarkets.com/article/encorp-shares-trade-higher-major-shareholder-eyes-exit

Encorp Bhd, whose major shareholder Federal Land Development Authority (FELDA) is looking to dispose of its stake, saw its shares trading higher today.

...

The Edge Malaysia reported that FELDA is looking at exiting Encorp with an asking price of RM1 a share.

The plantation giant was also reportedly eyeing to sell a block of shares to a bumiputera entrepreneur who could turn things around, and in turn, if the share price picks up, FELDA would exit the company.

FELDA has a 69.14% stake in Encorp, which based on its closing price of 29 sen last Friday (Aug 20), is worth RM57.15 million.

In May 2014, through its unit Felda Investment Corp Sdn Bhd, FELDA bought a 49.5% stake in Encorp for RM239.72 million or RM1.55 a share from Tan Sri Mohd Effendi Norwawi. FELDA ended up with a 72.27% stake after forking out a total RM306.11 million.

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2021-09-21 10:17 | Report Abuse

next resistance is 0.600 & 0.705

surpassing that, the sky is the limit.

BBB ~TP RM1.00

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2021-09-21 10:08 | Report Abuse

HODL, momentum is still very strong, TA is very excellent

today will close above >0.550

TP RM1.00

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2021-09-21 09:42 | Report Abuse

BUY on rumors', SELL on news!

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2021-09-21 09:23 | Report Abuse

Encorp flying, surpassing 52 weeks high at 0.485, now already surpassing resistance 0.490

0.520

Limit UP very likely :)

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2021-09-20 16:33 | Report Abuse

Encorp hit 52 weeks high at 0.485

do you think where it will be heading?

TP 1.00

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2021-09-20 16:03 | Report Abuse

chase high game just started, gonna break 0.50!

potential to LU today!!!

BBB still cheap below 0.50...

new management, good DIR reps from Felda will surely pushing price above RM1.00