Again sell some at RM1.25

Further accumulated bimb-wa at rm0.275

For me, good opportunity to accumulate at present price (rm0.58) due to following:
- gear up of construction activities and will be a bonus if get some job from mrt 2 by coming month
- improved of plam oil price
- present price is consider clise to bottom

The most valuable asset of BIMB is Takaful Malaysia (holding 60%+) but some negative news was the recent case of it major share holder; Tabung Haji. Anyway, it bet many other banks to delivery positive result on previous q.

Good opportunity to Accumulate Bimb-wa at rm0.275

KUALA LUMPUR (Feb 26): BIMB Holdings Bhd saw its net profit increase 5.17% on year to RM161.86 million or 10.5 sen per share in the fourth quarter ended Dec 31, 2015 (4QFY15) from RM153.91 million or 10.3 sen per share a year ago on higher income derived from investment of depositors and shareholders' funds as well as higher net income from its Takaful business.
In a filing with Bursa Malaysia today, BIMB reported that its revenue grew 16.12% to RM884.26 million in 4QFY15 from RM761.5 million in 4QFY14.

For the full 12 months (FY15), BIMB saw its net profit grow 2.81% to RM547.28 million or 35.53 sen per share from RM532.33 million or 35.64 sen per share in FY14 while revenue for FY15 expanded 11.45% to RM3.31 billion from RM2.97 billion in FY14.
In a press release accompanying its results, BIMB said the group recorded return on equity of 24.24% with return on assets of 1.51% for FY15.
Bank Islam Group reported a profit before zakat and tax (PBZT) of RM685.66 million for FY15, down by 2.43% from a year ago, due to finance cost incurred on the issuance of subordinated sukuk murabahah, higher cost of deposits and incremental operating expenses.
The Bank's network expansion also contributed to the increase in operating expenses as five more branches were opened during FY15, bringing the total number to 144 branches to date.
Despite this, the bank achieved a double-digit financing growth of 16.16% at RM34.29 billion as at December 2015, almost double the rate expected for the banking industry, the statement read.
"Despite the strong expansion in the financing portfolio and amidst the continuously challenging economic environment, the assets quality remained resilient with a low gross impaired financing ratio of 1.09% as at December 2015, lower than 1.14% registered as at December 2014," the statement read.
BIMB said the strong asset quality is a result of the bank's robust risk management, stringent underwriting standards and a cautious stance on implementing measures in its approval processes as well as putting in efforts towards effective recovery processes.
Customer deposits grew 6.21% to reach RM43.56 billion as at December 2015. The current and savings (CASA) ratio stood at 35.03%.
Gross impaired financing ratio stood at 1.09% while capital ratio stood at 15.32% as at December 2015.
The bank's financing to deposits ratio remained healthy at 78.71%, the statement read.
Takaful Malaysia Group recorded an increase of 9.38% in PBZT to RM204.21 million in FY15 compared to RM186.7 in FY14 due to higher wakalah fee income.
Operating revenue increased by 8.2% to RM1.79 billion in FY15 from RM1.65 billion in FY14 due to higher sales generated by both Family Takaful and General Takaful business as well as higher net investment income.
On prospects, BIMB said Bank Islam will focus on liability management, further enhancing its assets quality and maintaining a healthy capital position.
The bank also plans to maintain its cautious and stringent underwriting standards to uphold its asset quality, aggressive collection strategy and continue with its assessment of the capital requirements to ensure that it is well positioned to support the bank's business growth strategies.
Takaful Malaysia will continue its value proposition of rewarding its customers with 15% cash back for general takaful products and establish a strong foothold in the local insurance and takaful arena as the preferred choice for insurance.
BIMB shares closed 6 sen or 1.69% lower at RM3.48 at noon market close today, with a market capitalisation of RM5.45 billion.

KUALA LUMPUR (Feb 26): Ahmad Zaki Resources Bhd's net profit for its fourth quarter ended Dec 31, 2015 (4QFY15) jumped 38% to RM5.44 million or 1.13 sen per share from RM3.53 million or 0.87 sen a year earlier.
In a filing to Bursa Malaysia today, the group said the better earnings were driven by higher profits contributed by joint venture entities by RM2.4 million during the quarter.
Its revenue for the quarter rose 54.1% to RM229.22 million from RM166.16 million a year ago, mainly contributed by higher revenue recorded in the construction division.
No dividend was declared for the current quarter under review.
For its full year (FY15), net profit surged to RM22.88 million or 4.73 sen per share from RM13.51 million or 3.32 sen per share in FY14, due to higher revenue and margin recorded.
Its revenue for FY15 was also higher by 8% at RM714.97 million compared to RM662.36 million a year ago, due to same reason.
According to its filing with Bursa Malaysia, Ahmad Zaki said its construction division recorded RM47.9 million in revenue towards the end of the year as certain projects have shown higher progress closer to their completion stages.
Moving forward, the construction outfit said its construction division's remaining order book balance as at Dec 31, 2015 stood at RM3.3 billion.
"We are positive [about] our prospects of adding to and enhancing the order book," it added.
It believed that the construction division will continue to give strong performance in future quarters.
"The oil and gas division expects to remain steady despite the continuing prolongation of weak global oil prices and sentiments," Ahmad Zaki said.
It stressed that the division also expects increasing contribution from its operations at Tok Bali Supply Base as the port continues to develop and mature.
Meanwhile, it also expects the plantation division's performance to improve as yields of fresh fruit bunches are expected to continually improve.
Its property division is currently planning and embarking on several residential development projects for launch in 2016.
"Upon the successful launches of these projects, the property division will be expected to contribute positively to the group. As at the date of this report, the division has development projects with an estimated gross development value of RM1.4 billion," Ahmad Zaki said.
"The hotel properties under the property division is also expected to contribute more from 2016 onwards with the completion of a new hotel wing at the existing Residence Inn Cherating in early 2016," it said.
Shares in Ahmad Zaki were traded unchanged at 59 sen, giving it a market capitalisation of RM284.42 million.

Good Q Result... see how the share will perform..

Further down may provide opportunity to accumulate..

KUALA LUMPUR (Feb 26): AllianceDBS Research said the immediate hurdle for Yi-Lai Bhd (Yilai) was at 96 sen and that Yilai had on Feb 25 traded to a high of 96 sen before closing near the day’s low at 88 sen (up 2 sen or 2.32%).
In its evening edition yesterday, the research house said Yilai continued to trade above the 20-day and 50-day moving average lines in the last 3 days.
“Following the weak up close on Feb 25, the stock is likely to move lower with immediate support at 87 sen.
“A fall below 87 sen would put pressure on the stock down to the subsequent support zone, 83 sen – 84 sen.
“The hurdle is pegged at 96 sen. A crossover of 96 sen should see further price rise to the next overhead resistance zone, RM1.00 – RM1.05,” it said.
AllianceDBS Research said stock volume traded on Feb 25 was 2.13 million shares compared to the 3-month average volume of 30,000 shares.
The research house said that indicators wise, the MACD was above the 9-day moving average line with the buy signal remains intact.
It said the relative strength index indicated that the stock was currently in an overbought zone.

KUALA LUMPUR (Feb 26): AllianceDBS Research said Tune Protect Group Bhd (TunePro) was under profit taking pressure and that TunePro had on Feb 25 tested previous day’s high of RM1.26 before closing near the day’s low at RM1.21 (down 2 sen or 1.62%).
In its evening edition yesterday, the research house said TunePro continued to trade above the 20-day and 50-day moving average lines.
“Following the down close on Feb 25, the stock is likely to move lower with immediate support seen at RM1.20.
“A fall below RM1.20 would put pressure on the stock down to the subsequent support zone, RM1.15 – RM1.17.
“The hurdle is pegged at RM1.26. A crossover of RM1.26 should see further price rise to the next overhead resistance zone, RM1.35 – RM1.38,” it said.
AllianceDBS Research said stock volume traded on Feb 25 was 5.01 million shares compared to the 3-month average volume of 930,000 shares.
The research house said that indicators wise, the MACD was above the 9-day moving average line with the buy signal remains intact.
It said the relative strength index indicated that the stock was currently in a neutral zone.

Worth to put an eye on this stock for mid and long term.
KUALA LUMPUR (Feb 25): Ceramic and homogeneous tiles maker Yi-Lai Bhd's share price climbed as much as 11.6% to its year-to-date high of 96 sen, on news that Aspen Group is planning a reverse takeover (RTO) of the group.
At 3.24pm, the stock failed to sustain its upward momentum and pared some gains to settle at 88 sen, still up 2 sen or 2.33%, after some 1.15 million shares were done, compared with the 65-day average volume of 39,668 shares.
Year-to-date, the stock has gained 3 sen or 3.5%.
Yi-Lai told the stock exchange yesterday that Penang-based property developer Aspen Group is planning an RTO on the group, which will see it branching out into property development.
Yi-Lai had signed a heads of agreement (HoA) with Aspen Vision Group Sdn Bhd and Setia Batu Kawan Sdn Bhd (Setia Batu Kawan) to acquire Aspen Vision All Sdn Bhd for RM550 million.
The purchase consideration shall be settled via the issuance of 450 million new Yi-Lai shares at an issue price of RM1, while the remaining RM100 million will be paid in cash, which shall be funded through internal funds and/or bank borrowings.
"The issue price of RM1 represents a premium of 22.3% over the five-day volume weighted average market price of Yi Lai shares, including Feb 23," it added.

Bought back few at rm1.20

KUALA LUMPUR (Feb 25): AllianceDBS Research said renewed buying interest had emerged in Tune Protect Group Bhd (TunePro) and that TunePro had on Feb 24 crossed over the RM1.22 hurdle to reach a high of RM1.26 before settling at RM1.23 (up 4 sen or 3.36%).
In its evening edition yesterday, the research house said the crossover of the RM1.22 hurdle would likely see TunePro trading upward with the next upside target pegged between RM1.35 and RM1.38.
It said risk taking traders could establish a buying position at RM1.21 on a small pullback.
“Once a buying position is established, a stop loss at RM1.19 level must be placed for risk capital protection, and this RM1.19 is to be followed by a trailing stop loss strategy.
“If you are prepared to take a trading loss risk of RM20 (excluding brokerage) for RM140 – RM170 potential profit, you may acquire 1,000 shares with a capital amount of RM1,210 assuming buying order is filled at RM1.21,” it said.

Good buy is not BIMB but is BIMB-WA, but need to hold for longer term and need patient as well.

Disposed half at rm 1.26 due to market uncertainty and take profit at recent up.

Tune Protect Group Berhad (‘the Group’; TUNEPRO, 5230) today announced its earnings
for the fourth quarter (Q4) and fiscal year ended 31 December 2015 (FY15). Q4
recorded the strongest result for the year, posting Profit After Tax (PAT) of RM25.2 million,
driven mainly by higher profits from the Global Travel Business and Tune Insurance
Malaysia Berhad (TIMB).
For the full year, the Group closed its books with an increase of 6.5% in Operating
Revenue (OR) driven mainly by the general insurance business. The Group attributed its
higher earned premium to the expansion of its franchise dealership in the motor class of
business, stronger demands in Malaysia for travel and growth in fire class of business.
Gross Written Premium (GWP) grew by 8.9% while Net Earned Premium (NEP) rose by
13.8% to RM303.8mil.

Hmm.. locked in rm1.36 and below for about 3 days but failed to fish any. Anyway still abke to get some lots of Tunepro at rm1.16 and below. I think Tunepro is a good proxy with minimum risks.

http://www.stockhut.com.my/news/99124
KUALA LUMPUR: Kwasa Land Sdn Bhd has inked a development rights deal with Ahmad Zaki Resources Bhd’s (AZRB) subsidiary to develop the R3-4 site, covering 3.91 acres of freehold land in Kwasa Damansara.

Kwasa Land managing direct
or Datuk Mohd Lotfy Mohd Noh said on Monday the proposed development would consist of 188 units of 162 high-rise twin tower condominiums and 26 garden villas.

“Among the condominiums offered are dual-key units with a double volume living area, a generous master bedroom with walk-in wardrobe, an additional wet kitchen for Asian cooking and a dedicated storeroom - all highly sought-after features for high rise units,” he said.

Kwasa Land, which is the master developer, sealed the agreement with AZRB’s AZ Land & Properties Sdn Bhd which defined the scope, terms and conditions in which the right to develop the said land was handed to AZ Land.

The total Land cost tendered by AZRB was RM28.95mil or to RM170 per square foot. In addition, AZRB had offered a 10% of their gross sales value of the project as revenue sharing. The projected present value of the total return to Kwasa Land is RM44.9mil.

Mohd Lotfy and AZRB group managing director Datuk Wan Zakariah Wan Muda signed the agreement in the presence of Kwasa Land chairman Tan Sri Samsudin Osman and AZRB group chairman Raja Tan Sri Aman Raja Ahmad.

Kwasa Land, which is a unit of the Employees Provident Fund (EPF), plans to invite Tier 1 and Tier 2 developers for another three residential developments to be announced this year.

So far, Kwasa Land has called for five requests for proposals (RFPs) which are the main town centre development MX-1 for Tier 1 category, the first residential development R2-1 for Tier 2 category, the first Bumiputera development R3-2, residential developments R3-3 and R3-4 also for Bumiputera developer category.

Worth to look into AZRB again as the MRT Line 2 is annouced very soon. With it EKVE and Langat 2 project is kicked off this year. The plam oil price is better then previous year, it plantation should perform better then last year.

Major catalyst of venture to medical devices business is being delay according to some market tip. So the coming q result is expected no surprise.

Further accumulate if the price is further down.

As the loading of AirAsia group overall increased + promotion of tourism and visa waive will see better visibility of Tune Ins. Take opportunity to accumulate some between RM1.16~RM1.17

Expect the q result is poorer or similar with previous q but coming q will not good due to slow down of smartphones especially Apple and may be Samsung.

MPI business still doing well as the plant still operating even CNY. The recent drop may due to existing price already at higher side.

Will Taiwan earthquake and North Korea industry park shut diwn will benefit Malaysia Semicon?
Time will tell

Not only plantation and construction. In fact all manufacturing even an agriculture sections will have great impact. So market will see some correction especially export orientated companies which share price already at higher side.

As RM is getting strong and oil price is low, worth to follow up this stock. Risk of foreign fund still selling this stock or this is the opportunity and present RM is getting stronger may just due to fund return for value cap not external investors.

PETALING JAYA: Stocks on Bursa Malaysia are likely to, sooner rather than later, be joining an expanding list of major bourses falling into bear market territory, according to Affin Hwang Investment Bank Bhd head of retail research Datuk Mohd Nazri Khan.

He expects it would be “just a matter of time” for the FTSE Bursa Malaysia (FBM KLCI) to pull below the critical 1,600 points support level.
http://www.thestar.com.my/business/business-news/2016/01/27/bearish-outlook/?style=biz

Salute to all warriors, but the worse may just on its way(refer to Invest guru https://youtu.be/WTxKH_wkfa0 ). When tsunami is come, whether you are small ship or even aircraft's carrier, it just can't avoid the disaster.

I'm getting to believe what this investment guru Hu Li Yang mentioned, the storm is on it way https://youtu.be/WTxKH_wkfa0 . The rhythm is oil down, then share and property down.

If the tsunami is on the way, don't care if you are small ship or aircraft carrier,you can't avoid the disaster. Every industries will impacted, some already down so much in fact may safer.

The worst is not over yet.
Disposed most of the lots and left few for jaga pintu.

K1 is not semiconductor company but is a consumer electronic product company. Base on market information, most of the goods are export but they also import not only raw material but also semifinished goods or oem done especially from China(cost also go up). I believe coming q should similar or slightly better. K1 price consider at high side base on present market scenario.

Disposed more than half. Expect market will down by coming month especially the oil price is still very low.

Final see some light from this counter.. at present still negative since invested this counter. http://www.stockhut.com.my/news/88300

Hope the market will dead cat bounce until end of year and only see the fed rate impact by q1 2016

RM will be in hot spot..oil and othes will down.. it is not just Malaysia (refer to https://youtu.be/vbadjpaNTrg )

Tksw, i rather believe 50% of this master (refer to https://youtu.be/vbadjpaNTrg ) , so, kept more cash for any market uncertainty after Fed rate up.. in fact, present Trop price is up to RM0.99+dividend.. consider good.

I'm believe more from this master (胡立阳) and keep more cash(at least 70%), later than missing opportunity..

https://youtu.be/vbadjpaNTrg

Disposed half to avoid uncertainty of market.

（吉隆坡2日訊）大馬保險股最新業績符預期，分析員基於承保收入和新保單繼續增長，預期保險股接下來季度的盈利將繼續揚升，保持領域正面評級。

MIDF研究表示，該行所分析的3隻保險股，第三季業績表現都和預期相符，其中TUNE保障（TUNEPRO，5230，主板金融組）淨保費收入增長19%，表現最佳，主要由於全球旅遊和火險業務錄得雙位數成長。

淨利方面，倫平資本（LPI，8621，主板金融組）和大馬回教保險（TAKAFUL，6139，主板金融組）持續嚴控成本和索償，令首9月核心淨利分別增長8%和7%，至於TUNE保障首9月淨利平平，第三季則告下滑，因更高管理開銷和一次過的重塑品牌成本。

在7家上市的保險公司中，只有4家公司承保獲利，其中安聯保險（ALLIANZ，1163，主板金融組）在所有業者當中擁有最高淨保費收入。

由於業績符預期，MIDF保持財測和評級不變。

儘管一些公司淨利疲軟，但整體收入和新保單量繼續增長。同時，大部份保險公司的首9月平均承保盈利大幅改善約63%，因此對該領域保持正面評級。

MIDF唯一建議買進的保險股為TUNE保障（TUNEPRO，5230，主板金融組），至於大馬回教保險及倫平資本雖受看好，但股價已充份反映價值，這3家公司都具有良好的潛在盈利成長空間、固有的承保收益及賺幅素質，同時派息率逾50%。



明年價格浮動
車險火險更具競爭性

雖然從明年開始車險及火險將採用浮動價格制，但MIDF認為，這可使有競爭力的保險業者增加市佔率，在價格開始浮動後，保險公司會推出更多價廉物美的產品迎合市場。

該行預計保險業這將會在企管及營運上下功夫以抵銷價格戰衝擊。

同時，保險業有3大利好因素支持成長，分別是保費收入提昇、宏觀經濟穩健及部份保險業者賺幅成長。

根據MIDF研究，在本地需求及大眾對保險意識提高下，2015上半年保險業成長穩健，成長3.67%至232億令吉，高於2014上半年及2014下半年的223億令吉及231億令吉高。

在人壽保險方面，目前保險業距離2020設下的50%滲透率還有一段距離，這表示人壽保險還有不少的成長空間。

雖然伊斯蘭保險在2015上半年已成長12.2%至34億令吉，MIDF認為，全年計算伊斯蘭保險業務會成長11.9%，在2016及2017年則分別成長12.7%及14%。

不過，根據國行最新報告，第三季承保收入從次季的7千200萬令吉下跌至6千970萬令吉，因火險索償增加。普險業者營運收入降低，因投資收入重挫29.3%至5億5千680萬令吉，壽險業者更面對4億1千600萬令吉赤字（去年同期為獲利38億令吉），因債券投資帶來更高的估值損失。

在經濟方面，儘管國外因素不明朗，但MIDF研究預計在2016年及2017年大馬經濟仍成長5.0%及5.2%，大馬經濟將在明年第二季回溫，主要因私人消費帶動。（星洲日報／財經‧報導：李勇堅、陳林德）

- See more at: http://biz.sinchew.com.my/node/127221?v=mobile#sthash.K3jKgJkG.dpuf

Even enquired the NCB caused the debt or gearing up but overall NCB will become a cash cow to MMC. The worry is more on it property business. The JV with KTMB is a positive move for long term.

Matched at rm1.99, present price drop is an opportunity to accumulate at low.

Disposed all at rm1.40

Most of the research houses still put outperform for AA.
If we believed share market is always perform few months ahead, then any price lower than rm1.30 is a good time to accumulate slowly.

Accumulated few lots at rm2.04, Suria is just controlled Sabah port and price is rm2.55 but MMC is controlled 3 ports in West Malaysia but at rm2.04? (Just skip the property).

With mid term dividend is 5cents and if whole year is 8~9cents, the it is still much better than fd. Furthermore, it unbilled sale at rm3.1 billion!

Matched few lots at rm1.56...

The q result will give a boost to present share price.


KUALA LUMPUR (Nov 26): Property developer Tropicana Corp Bhd ( Valuation: 1.50, Fundamental: 1.00), which recorded a fourfold jump in third-quarter net profit, said it is on track to exceed the previous financial year's total sales of RM1.5 billion in the current year to Dec 31, 2015 (FY15).
"Despite a slower property market, Tropicana delivered commendable sales performance in the first nine months of its current financial year, chalking up new sales of RM1.26 billion with unbilled sales at a record of RM3.1 billion as at end-September 2015," it said in a statement today.
"The group's integrated mix township developments projects in the central region continue to draw healthy interest, especially for landed properties in Tropicana Aman, Shah Alam, and Tropicana Heights, Kajang, where new launches in the year to date attracted good take-up rates from buyers," it added.
Tropicana's net profit surged to RM151.78 million or 10.49 sen per share for the three months ended Sept 30, 2015 (3QFY15) from RM29.52 million or 2.12 sen per share a year ago, on gains from the disposals of investment properties and a subsidiary.
This was despite revenue for 3QFY15 falling 18.7% to RM244.58 million in 3QFY15 from RM300.73 million in 3QFY14, due to lower work in progress in the property development segment in the quarter under review as a number of the group's projects were in the early stages of construction.
Tropicana also declared a first interim dividend of 5 sen per share for the financial year ending Dec 31, 2015 (FY15), payable on Dec 23.
For the nine-month period (9MFY15), the group's net profit rose 53.2 to RM194.23 million or 13.54 sen a share from RM126.8 million or 9.56 sen a share in 9MFY14.
Revenue for 9MFY15 also jumped 10.9% to RM947.83 million from RM854.88 million in the previous year.
Net gearing also improved considerably to 0.28 times shareholders' funds as at end-September, against 0.68 times in end-December 2014.
Going forward, Tropicana believes there will still be demand for landed properties and integrated developments in good locations with great accessibility and attractive pricing.
"Tropicana's strategy for 2016 will continue to be market driven and adapt to market demand while focusing to unlock value of its land bank in the Klang Valley, as well as those in the northern region," it said.
The group has a total land bank of more than 1,600 acres across Malaysia, with future gross development value of over RM50 billion.
"Together with high unbilled sales and a strengthened balance sheet, the group is positioned to deliver sustained performance in the near future" said Tropicana.
The stock closed one sen or 1.06% at 95.5 sen today, bringing a market capitalisation of RM1.38 billion.

Will hold as just only less than 10 lots at rm1.3x

Should get strong support at rm1.30, without AAI will become profit