ITCHYLEG

ITCHYLEG | Joined since 2019-06-16

Investing Experience Beginner
Risk Profile High

study in university of nottighan malaysia semenyih

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Stock

2020-10-30 13:19 | Report Abuse

"POS (4634) [Part 1] - 7 CEOs in less than 10 years. Changed CEO like Tinder
Author: ChiChing | Publish date: Tue, 27 Oct 2020, 12:12 AM
CEO: TURNAROUND IN SIGHT, A YEAR EARLIER THAN EXPECTED

Wow! POS Malaysia had gone through 7 CEOs in the past 10 years. Wa bro, CEO Tinder ar? Mind you.CEO: TURNAROUND IN SIGHT, A YEAR EARLIER THAN EXPECTED"


Actually, Ahmed Fairuz is an independent non executive director
Syed Md Najid is still the CEO now

this writer is sharing INACCURATE information

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2020-10-26 20:33 | Report Abuse

I sent this email to TITIJAYA today

"ATTN : Tan Sri Lim

I'd like to propose an idea to your company.if TITIJAYA , RUBBEREX and SINOPHARM join forces and form a JV to manufacture gloves,I believe that the company will see exponential growth

RUBBEREX for its expertise, SINOPHARM for the familiarity with the china market and TITIJAYA for good connections. I believe this would be huge our company is able to form a JV with these companies

To the person reading this email, please relay this to Tan Sri Lim and top management"

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2020-10-25 20:57 | Report Abuse

Shukri denies taking orders to defreeze accounts
NATION
Wednesday, 12 Aug 2020

PETALING JAYA: Former Malaysian Anti-Corruption Commission chief Datuk Shukri Abdull denied taking orders from any prime minister or Cabinet ministers to defreeze accounts of suspects under investigation.

“When investigating, I only follow the deputy public prosecutor’s (DPP) directive.

“I don’t take orders from any unrelated parties,” he said.

He said this in response to a claim by Minister in the Prime Minister’s Department Datuk Takiyuddin Hassan that former prime minister Tun Dr Mahathir Mohamad and former finance minister Lim Guan Eng had interfered in the MACC investigation into the 1MDB scandal involving businessman Tan Sri Lim Soon Peng.

On Monday, Takiyuddin highlighted in Parliament the former premier’s alleged handwritten note on Soon Peng’s letter of representation, asking MACC to defreeze his bank account.

Soon Peng’s bank accounts had been frozen then, pending investigations into RM4mil worth of transactions linked to 1MDB.

“Also in this particular case, I did not issue any orders to my officers to defreeze the account,” said Shukri.

Takiyuddin pointed out that Lim had also penned a note on the letter, asking then attorney general Tan Sri Tommy Thomas to look into the request.

Tommy had subsequently replied in a letter to Lim on May 31 last year, confirming Soon Peng’s account had been unfrozen after he had agreed to return the 1MDB-linked funds associated with former prime minister Datuk Seri Najib Razak.

Shukri said, if it was true that the businessman’s account had been unfrozen, he had never issued any orders to defreeze it.

Shukri reiterated that he only took orders from the DPP, not any other parties.

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2020-10-25 17:04 | Report Abuse

I have a suggestion. if RUBBEREX ( Expert in gloves) TITIJAYA(Good connection) SINOPHARM(China GLC)form a JV to manucture gloves,the share price will exploseive growth

Anyone in this forum know any directors or top management of the companies mentioned above?

Can send this idea to them

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2020-10-14 20:22 | Report Abuse

ESTIMATED TIMEFRAME FOR COMPLETION
Barring any unforeseen circumstances and subject to all required approval being obtained, the
Proposed Diversification is expected to be completed by November 2020. For shareholders'
information purpose, the Proposed Diversification shall take immediate effect upon obtaining
the approval of Titijaya's shareholders at the EGM.
ADVISER
UOB Kay Hian has been appointed as the Adviser for the Proposed Diversification.
This announcement is dated 12 August 2020

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2020-09-25 01:27 | Report Abuse

buy PA low risk high return

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2020-09-25 01:25 | Report Abuse

mah sau cheong BASTARD KANDLBU

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2020-09-24 00:09 | Report Abuse

mah sau cheong is a real BASTARD

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2020-09-24 00:02 | Report Abuse

TIANJIN: Malaysian businessman Mah Sau Cheong will begin building a RMB15bil (RM9.3bil) integrated seawater desalination and salt-making plant here after signing a construction and operation agreement with the Tianjin municipal government yesterday.

This is the first zero-liquid discharge seawater desalination project in China.

The agreement for the first phase of construction and operation of the treatment plant costing RMB5.5bil (RM3.4bil) was signed between Mah of Xianda (Tianjin) Seawater Resour­ces Development Company Ltd and Wang Zheng, director of Tianjin Economic-Technological Development Area.

The signing ceremony for the first of three phases of development was witnessed by Malaysian Prime Minister Datuk Seri Najib Tun Razak and Li Hongzhong, party secretary of the Communist Party of Tianjin.

According to Michael Mah, the son of the low-profile businessman, the construction of the first phase of the development would take 30 months to complete. It is expected to be operational in 2019.

“The award of this project is for 50 years. But at the end of 50 years of operation and management, we can ask for extension,” Michael told The Star.

The Xianda project is expected to provide industrial water and demineralised water to Tianjin Nangang Industrial Zone, a 200 sq km world class petrol-chemical manufacturing complex next to Bohai Bay in northeastern China.

The investment agreement was first signed in 2013. Since then, Xianda has conducted environmental impact assessment and obtained all necessary official approvals, said Michael.

Before the signing ceremony, the elder Mah, who is Xianda Group chairman, said: “I am happy that construction will soon start. For the past two years, I have stayed put here to see through all the preparations. In fact, I first came here more than 15 years ago.”

He said this was one of his private projects in China besides real estate, cinemas and mining.

“Although I control two listed companies, they have nothing to do with this project,” he added.

In a press release, Mah said: “We have the equipment and capability to design, build and operate the project and is capable of ensuring quality.”

During the signing of the collaboration agreement on Oct 4, 2013, in Kuala Lumpur, that was also witnessed by Najib, the Prime Minister described the project as “one of Malaysia’s most exciting investments in China”.

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2020-09-20 00:17 | Report Abuse

Notice of EXTRAORDINARY GENERAL MEETING will be announced SOON

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2020-09-19 20:35 | Report Abuse

wait for the EGM

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2020-09-16 02:33 | Report Abuse

buy titijaya pa
loss 20% gain 2000%+

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2020-08-21 11:46 | Report Abuse

Downside 2c (33%)
Upside 3 riggint(5000%)

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2020-08-21 11:42 | Report Abuse

buy titijaya Pa

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2020-08-13 22:25 | Report Abuse

CRAZY KDLBU

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2020-08-12 11:47 | Report Abuse

average cost 0.0615

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2020-08-12 11:45 | Report Abuse

i bought 10m TITIJAYA PA

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2020-08-12 00:34 | Report Abuse

CRAZY KDLBU

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2020-08-08 20:06 | Report Abuse

CRAZY KDLBU

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2020-08-05 22:33 | Report Abuse

"truly why u all so like pn17 company?
please throw ur money into sea... sea will thanks you with big wave"

CRAZY
KDLBU

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2020-08-01 23:21 | Report Abuse

CRAZY
KDLBU

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2020-07-23 09:34 | Report Abuse

i have 12.7 m PA cost @ 3.5c

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2020-07-23 08:50 | Report Abuse

"Letbossbankrupt At present price u will be trapped for years"

CRAZY

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2020-07-02 23:02 | Report Abuse

OMG Pos become PN17 . I sell early tomoro morrning

CRAZY..................

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2020-06-15 00:03 | Report Abuse

" limit down."
" RTO is fake news."

suddenly a JOKER appeared

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2020-06-12 22:09 | Report Abuse

RTO ann. on monday

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2020-06-07 00:11 | Report Abuse

【财长汇报会6】40%消费者首次网购
(布城6日讯)财政部长东姑扎夫鲁说,政府的调查发现,在行动管控令期间,有40%网购消费者是第一次在网上购物,一旦疫情结束后,他们可能持续网上消费,因此商家需重新审视商业模式,应对疫情后的新常态挑战。

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2020-06-06 00:59 | Report Abuse

HomeServicesThe 11 Best Courier Services in Malaysia
The 11 Best Courier Services in Malaysia
Best Couriers Malaysia
Checking Product on Stock… via Freepik

Whether it’s to get a package you ordered online or to send something out yourself, you can only be certain of its delivery if you use the best courier services in Malaysia.

Now, we’re not about to say something like that and leave you hanging. It’s just not cost-effective to expect consumers to have to conduct a trial and error experiment on each courier service in the country for that!

So, we’ve done it for you by checking out the top-performing couriers in Malaysia and finding out which ones have the best packages, the most dependable services, and the best customer reviews.

As a result, we’ve narrowed down for you here the best courier services in Malaysia.



Contents hide
1. Pos Laju
2. GD Express Sdn Bhd
3. KLACH Courier Services (M) Sdn Bhd
4. TA-Q-BIN
5. City-Link Express
6. Pgeon
7. Aramex
8. DHL
9. LalaMove
10. Boon Four Network
11. Zepto Express

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2020-06-06 00:55 | Report Abuse

POS LAJU HANDLES RECORD 4.42MIL PARCELS FROM ONLINE PURCHASES DURING 11.11 SALE
By Digital News Asia November 30, 2018

POS Laju, the courier arm of Pos Malaysia Bhd sorted and distributed a record breaking 4.42 million parcels from e-commerce purchases during the biggest online mega-sale on 11.11.

This broke the record set in 2017 when four million parcels were delivered from the 11.11 sale.

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2020-06-04 23:45 | Report Abuse

"da4444 Drop back 1.11 tomorrow 1.0?"

if tomorrow 1.00 , you also dare not to buy, you want 0.80c, then drop to 80c, you dare not to buy also,you want 60c

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2020-05-31 20:54 | Report Abuse

https://www.tradingview.com/markets/stocks-malaysia/market-movers-large-cap/

Last friday last minute gap, the fund managers based on the above rating

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2020-05-30 23:32 | Report Abuse

"Dave92 Investment Highlights:"

Are you still sleeping? This news was from 'AmInvest Research Reports' publised on 1 April 2020. Why are you posting this here now? Are you trying to mislead all the readers??? Before you post things here, please apply your knowledge. There are alot of experts here. Don't make a fool out of yourself by posting old news.

We're all here to support and help each other out. We're all in the same boat - to make money. Share the latest news and information.

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2020-05-30 20:46 | Report Abuse

It says that the exports of these products, on top of molasses, will continue to be increased moving forward.

As for the domestic market, MSM intends to launch its healthy sugar variants next month and downstream products with the FGV group in June or July this year.

Based on the recently-announced results for its first quarter ended March 31,2020, about RM40mil or 7.8% of MSM’s revenue was contributed by its export sales.

The biggest contributor was the sales to industries, representing RM268mil or almost 53% of total sales.

The sales to the domestic retail segment was RM201mil or about 39.5%.

MSM’s total sales volume in the three-month period increased by 5%, thanks to the newly launched export products in the second-half of 2020, such as premix and liquid sugar. The shipment of fine syrup in February 2020 also contributed to the increased sales volume.

On top of its improved sales, MSM is also exploring ways to preserve its margins.

According to Khairil Anuar, the group has been successful in improving the average selling price for its domestic and export markets.

“Our product development has also been successful and we have been able to launch new sugar products for the export market with better margins.

“We are working constantly and consistently on product diversification and have a few better-margin products targeted to be launched later this year, ” he says.

On the group’s ongoing cost-cutting efforts, Khairil Anuar says many measures have been undertaken.

The biggest and most important measure is the implementation of the ‘Just-In-Time’ mechanism for the procurement of raw sugar, which is aimed at enhancing MSM’s cash flow and reducing storage costs, since unfavourable contracts that had locked in prices at a high level expired in December 2019.

With raw sugar being one of its largest cost components, the new mechanism not only secures the supply of sugar, but also enables MSM to save on interest costs as funding needs are expected to reduce.

It is worth noting that MSM’s rationalisation plan, which began in the second quarter of 2020 following the decision to cease its non-core plantation operations, have begun to bear fruit.

Khairil Anuar says that the decision to consolidate the Perlis refining capacity to the larger plant in Johor has enabled MSM to save RM1.6mil in depreciation costs per month since the third quarter of 2019.

“This year, we will further save RM1.1mil in operational cost per month. This will be achieved as we will be able to increase the utilisation of the Johor plant, which will in turn reduce the refining and operational cost for the group, ” he says.

Khairil Anuar was also asked to comment on the group’s plan to improve its balance sheet. As at end-March, MSM was sitting on a net debt position, with its cash and cash equivalents totalling RM114.82mil against total borrowings of RM923.11mil.

In response to this, Khairil Anuar says that the improvement in MSM’s gearing level should be seen by the third or fourth quarter of this year, down from the current gearing level of 30% to 40%.

“MSM had reduced more than half of its outstanding bridging loan facility in May 2020 and will continue to serve its bridging loan debt commitment until it is fully settled in the early fourth quarter of 2020.

“We also have plans to monetise non-core assets which should further reduce the gearing level. MSM also implemented the ‘Just-in-Time’ mechanism for raw sugar handling, which further reduced our funding needs for raw sugar procurement, ” he says.

For its first quarter (Q1) of FY20, MSM reported that its net loss had widened to RM34.71mil. A year earlier, the group had recorded a net loss of RM7.06mil.

The higher loss was attributable to MSM’s lower gross margin of 3%, higher finance cost and higher depreciation incurred in the quarter compared with the same quarter last year, due to the commercialisation of its Johor plant.

However, MSM’s revenue in Q1 rose 5% year-on-year to RM510.84mil, thanks to the increase in the overall average selling price for the group and new export products in 2020.

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2020-05-30 20:44 | Report Abuse

Sugar producer MSM eyes profitability from rationalisation plan
CORPORATE NEWS
Saturday, 30 May 2020

By GANESHWARAN KANA


MSM Khairil Anuar

THE country’s biggest refined sugar producer, which has been loss-making for six consecutive quarters and beset by overcapacity, is confident that the light at the end of the tunnel is turning brighter.

Since 2019, MSM Malaysia Holdings Bhd has been working on a turnaround plan that includes cost rationalisation, enhancing its presence in export markets and making its production capacity more efficient.

It is also seeking to monetise its non-core assets and release new products. The fact that it has increased the average selling price of its refined sugar is also a boon to its margins.

Most recently, the group announced its plan to shut down its refinery operations in Perlis and consolidate its refined sugar production by relocating the Perlis production capacity to its Johor factory.

Speaking to StarBizWeek, MSM group chief executive officer Datuk Khairil Anuar Aziz says the group is expected to turn profitable by the end of 2020, if the turnaround agenda works out as planned.

“The plan to consolidate the group’s capacity to MSM Johor will increase the utilisation rate, and reduce the refining production cost.

“Although we are putting more effort into ramping up the production in Johor to increase our efficiency, we also need to assess the market demand locally and internationally.

“The increase in efficiency is expected to materialise by the fourth quarter of 2020 or early 2021, ” he says.

Speaking to StarBizWeek, MSM group chief executive officer Datuk Khairil Anuar Aziz says the group is expected to turn profitable by the end of 2020, if the turnaround agenda works out as planned.
Speaking to StarBizWeek, MSM group chief executive officer Datuk Khairil Anuar Aziz says the group is expected to turn profitable by the end of 2020, if the turnaround agenda works out as planned.

Currently, MSM’s total refining capacity stands at 2.25 million tonnes per year. Breaking this down by factory location, MSM Prai’s capacity is 1.05 million tonnes per year, followed by MSM Johor (one million tonnes per year) and MSM Perlis (200,000 tonnes per year).

Following the consolidation of the Perlis and Johor factories, MSM’s refining capacity will reduce from 2.25 million to 2.05 million tonnes.

“With that, it will increase MSM Johor’s utilisation rate, which, in turn, will reduce MSM Johor’s refining cost. We anticipate the move will impact us positively.

“Our Johor facility has reached its highest utilisation rate at 34% and is expected to further increase after the closure of the Perlis factory, while the Prai factory is currently running steadily at approximately 75%, ” says Khairil Anuar.

For context, MSM currently controls about 61% of the domestic market.

The decision to cease the high-cost MSM Perlis operations was made considering its unfavourable location 130km away from the nearest port and low production capacity.

MSM’s other two refineries in Johor and Prai are well positioned near Tanjung Langsat Port and Penang Port, respectively, and are able to efficiently connect to Malaysia’s market centres.

Following the ceasing of operations, MSM’s assets in Perlis will be utilised to develop a new agriculture growth area called FGV Agro Food-Valley, in collaboration with its parent company, FGV Holdings Bhd.

With regard to the efforts to address MSM’s excess sugar-refining capacity, FGV group chief executive officer Datuk Haris Fadzilah Hassan said on May 28 that the company was working on finding a strategic partner to export some of MSM’s products.

“Right now, we have an interested party that is going to test out the sales first, ” he said.

FGV owns a 51% equity interest in MSM.

Growing presence abroad

Moving forward, MSM recognises the need to expand its export destinations in order to boost its sales performance, as well as reduce its current overcapacity.

The group aims to penetrate the Middle East and North African region, while at the same time planning to increase its presence in Asean countries and the larger Asian region.

According to Khairil Anuar, MSM has secured over RM160mil worth of contracts for the export of refined and liquid sugar through MSM Johor.

“This year, we have exported more than 9,000 tonnes of both products with an estimated return of RM18.95mil as at April 2020.

“In addition, MSM also targets to export approximately 300,000 tonnes of its sugar products in financial year 2020 (FY20), with an estimated contribution to the full-year top-line revenue of close to RM500mil for the group, ” he says.

For nearly a year, particularly since June 2019, MSM has continuously introduced new products for exports, such as premix sugar, liquid sugar and fine syrup.

It says that the exports of these products, on top of molasses, will continue to be increased moving forward.

As for the domestic market, MSM intends to launch its healthy sugar

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2020-05-29 23:52 | Report Abuse

May 18, 2020 16:00 pm
FGV: Power generation among immediate projects to boost returns from renewable energy
"Through renewable energy projects, FGV is also carrying out cost optimisation initiatives across the group in terms of fuel savings at its mills and plants. For example, MSM Malaysia Holdings Bhd's (an associate company of FGV) plant in Tanjung Leman in Johor could run using shredded empty fruit bunches supplied from the group’s mills in Johor and this would create annual RM60 million savings in electricity,” FGV said

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2020-05-29 23:48 | Report Abuse

Tuesday, May 19th, 2020 at , Business | News

Haris Fadzilah said FGV’s associate MSM Malaysia Holdings Bhd’s plant in Tanjung Leman in Johor could run using shredded empty fruit bunches (EFB) supplied from the group’s mills in Johor.

He added that this would enable FGV to save RM60 million in electricity use a year.

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2020-05-29 23:44 | Report Abuse

哈里斯
(吉隆坡28日讯
他强调,FGV控股没有计划脱售马来亚糖厂股权,但对任何合理报价持开放态度。他亦称,该公司如今正和一家中国潜在合作伙伴商谈,计划将马来亚糖厂多馀产能所生产的糖液出口到该国

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2020-05-29 23:19 | Report Abuse

So don't worry our POS last minute gap down , is not related to the quarter result to be announced soon, just TIGER SHOW PERFORMED BY<<<<<<<<<<<<<EPF>>>>>>>>>>>>>

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2020-05-29 23:10 | Report Abuse

PUSH DOWN COUNTERS

1)AIRASIA 72.5 to 69c. 134m done.
2)TENAGA 11.84 to 11.26 64m done
3)PUBLIC BANK 15.02 to 14.66 25m done
4)SUNWAY 1.41 to 1.34 23m done
5)POS 1.15 to 1.10 5.1m done

PUSH UP COUNTERS

1)CIMB 3.65 to 3.77 102m done
2)DIALOG 3.77 to 3.99 23M done

EPF PERFORMED THE TIGER SHOW.........

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2020-05-28 00:09 | Report Abuse

SPRING is coming.........

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2020-05-28 00:07 | Report Abuse

Don't worry, WINTER was over

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2020-05-21 10:58 | Report Abuse

"apple168 NTA 0.82. Selling at 1.8+, overvalued kau2"

DIALOG nta 0.72 price 3.64
NESTLE nta 3.66 price 138.80

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2020-05-21 00:21 | Report Abuse

buy a cashier chq complete a form and send to the company registrar

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2020-05-21 00:15 | Report Abuse

of cource, invest C7 is better than mother share

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2020-05-21 00:11 | Report Abuse

C7 convertion 2.8 to 1 price RM 1.75
C7 price today 10c. rm 7500 can buy 75,000 units
3140 - 1750 = 1390/2.8 = 496 x 75 lots = rm37,200 (profit 29700) 3.96x
the advantage is mother share price @ rm 2.00 . you still can take back RM 6675.00

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2020-05-20 23:53 | Report Abuse

If share price below RM 2.00. all burn