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2021-11-14 17:17 | Report Abuse
Glove usage depends on the number people gets hospitalization. With Good Vaccination Rate,
simple Curfew will Stop Covid dead on Track. As long as people DonT need Hospital ICU Bed
and Dies....Gov has Done its Job well
2021-11-14 17:08 | Report Abuse
Next EU will stop Malaysia Glove too...the final Tsunami
2021-11-14 17:07 | Report Abuse
https://www.malaysiakini.com/world/599178
Canada Ban will cause Super price waterfall and drowning TG too
2021-11-14 17:03 | Report Abuse
https://www.malaysiakini.com/world/599178
Canada Banned SuperMax...No wonder Super Max DonT want to release Qr Results...Management knows the Ban will affect share price so they Keep Delaying to look
for Solution....Monday WaterFall, Trapped poor contra players again
2021-11-13 18:41 | Report Abuse
as far as i know, harta pushed undelivered Goods to 2nd Qr ( so looks Good ) 3rd Down 60%....I donT know Super 2nd Qr PAT 959m are pump-up like Harta Or Not ( have to check )....For sure 3rd Qr Super has nothing to carries forward ( so is Harta )
2021-11-13 17:43 | Report Abuse
Super always release Qr results ahead of Harta Or 1-2 days late ( always ahead of Kossan)
Harta has suffered a 59% Drop in profit for QoQ but still dare to release on Time. Super Qr is 2
weeks Late and can be Delay till 30 Nov....As the saying goes" Late Qr release usually Bad
results "
2021-11-13 17:09 | Report Abuse
George Kent is also a Bidder. But most likely KPS is going to win...Air Selangor's son.........
“There is a lot of lobbying going on, but I feel the Selangor state entities have a good chance [of winning the contract],” says another source ( from the Edge )
2021-11-13 17:06 | Report Abuse
THE tender for the construction of a 700 million litres a day (MLD) Rasau water treatment plant, which closed earlier this month, is understood to have attracted as many as nine bidders.
The tender — valued at between RM1.7 billion and RM2 billion — was called in May by Pengurusan Air Selangor Sdn Bhd (Air Selangor), which has the mandate to supply treated water to Kuala Lumpur, Selangor and Putrajaya.
A contract is likely to be awarded at the end of the year while the construction of the water treatment plant is to be completed in 2024.
Air Selangor executives declined to comment when contacted, citing it as “improper” to reveal any information on the bidders. There is also likely to be confidentiality agreements and requirements in place with regards to the tender process.
Nevertheless, it is understood that of the nine bidders, two are Selangor state-controlled entities while another four are strong public-listed companies, namely IJM Corp Bhd, Gamuda Bhd, Taliworks Corp Bhd and Salcon Bhd. The rest of the bidders are not known and could be smaller private companies.
A source says George Kent (M) Bhd — which has been involved in various segments of the water sector since the early 1990s and undertaken jobs in Port Moresby, Papua New Guinea — could be partnering with one of the Selangor state-controlled entities bidding for the contract.
“There is a lot of lobbying going on, but I feel the Selangor state entities have a good chance [of winning the contract],” says another source.
A market observer familiar with the water sector questions the high price tag of between RM1.7 billion and RM2 billion, saying that the rule of thumb is that it costs RM1 million per MLD.
An executive with a water treatment concessionaire, however, explains, “What needs to be understood is that the dirtier the water [that needs to be treated], the higher the cost will be. In this case, we are not looking at treating water from the Alps [which is pristine, but quite the opposite in this case],” he says.
The bidders
As far back as 1996, IJM had a 36% stake in the Binh An water treatment plant, which had a 25-year concession to supply treated water to parts of Ho Chi Minh City in Vietnam. In 2009, IJM, Shimizu Corp and UEM Builders Bhd, as part of a consortium, won a RM1.3 billion contract to construct a 45km tunnel through the Titiwangsa mountain range and build a pump station as part of a multibillion-ringgit Pahang-Selangor interstate water transfer project.
For its first quarter ended June 2021, IJM chalked up a net profit of RM65.68 million from RM1.31 billion in revenue. At the stock’s closing price of RM1.88 last Wednesday, the group had a market capitalisation of RM6.85 billion.
Gamuda, meanwhile, held 40% equity interest in Syarikat Pengeluar Air Sungai Selangor Sdn Bhd (SPLASH), the concession holder of the Sungai Selangor Water Supply Scheme Phases 1 and 3, which controlled about 45% of the treated water supply to Selangor, Kuala Lumpur and Putrajaya.
However, in May 2019, SPLASH was sold to Air Selangor for RM2.55 billion. Nevertheless, Gamuda still operates and maintains the Sungai Selangor Dam and the Rasa and Bukit Bandong water treatment plants, which produce as much as 1,050 MLD a day.
For its financial year ended July 2021, Gamuda registered a net profit of RM588.32 million from RM3.52 billion in sales. Its shares ended trading at RM3.26 last Wednesday, translating into a market value of RM8.19 billion.
Salcon is a known water treatment player locally, and had expanded into China, but sold out of those businesses in 2016. Back home, it has a 36% stake in the 1,130 MLD Langat 2 water treatment plant, which was constructed after Salcon and its partners secured a RM1 billion contract in April 2014.
For the six months ended June this year, Salcon made a net profit of RM8.6 million from a turnover of RM303.12 million. Its share price ended at 22 sen last Wednesday, valuing the company at RM222.73 million.
Taliworks’ wholly-owned unit Sungai Harmony Sdn Bhd has an operations and maintenance contract for Phase 1 of the Sungai Selangor water treatment plant. Until October last year, the company also operated the water supply and distribution in Langkawi, Kedah.
For the six months ended June this year, Taliworks posted a net profit of RM24.95 million from RM127.54 million in sales. Its share price closed at 83.5 sen last Wednesday, giving the company a market value of RM1.68 billion.
For its first financial quarter ended June, George Kent raked in RM11.79 million in net profit from RM61.28 million in sales. Its shares ended trading at 70.5 sen last Wednesday, translating into a market capitalisation of RM396 million.
While the tender for the Rasau water treatment plant, which is under the first package, closed earlier this month, the tenders for packages two and three — which make up the piping, pump station and retainer pond, or loosely termed the distribution system, valued at around RM1 billion — are u
2021-11-13 10:31 | Report Abuse
Run Karim Run. I can arrange submarine ticket just like J. Low's escape
2021-11-13 09:53 | Report Abuse
I am now sympathetic with Karim....He is now like a Octopus...One Limp fight with Bursa, One
attack KPMG, another started slapping EY ...And 5 Limps desperately Blocking Rotten Eggs
thrown by i3 forum
2021-11-13 09:47 | Report Abuse
Run Karim Run...You will be prosecuted in court by Jury...And Jury are selected from i3 forum.
You will 99% ended in 99years jail sentence
2021-11-12 18:51 | Report Abuse
https://www.klsescreener.com/v2/news/view/908497/top-glove-to-allocate-up-to-rm2-49b-for-share-buy-back
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TG has only 2.49bil in Retained Earning ( i thought people here said much more like 7--8bil )
Minus new factories expansion & Ular dividend pay-out, there is very limited Cash left for SBB.
SBB is one-way to shock "new RSS boys" from making new Bet
Old-RSS Bet are dying for TanSri to buyback so that they can unload at very Low price ( without
chasing Up to cover-back )
2021-11-12 18:31 | Report Abuse
pamaladu https://www.theedgemarkets.com/article/nine-bidders-construction-rasau...
chances look good based on this news.
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If GK partner KPS ( Selangor Son ), then GK of getting Rasau Water Treatment Plant project
is High bcos KPS is almost guarantee the project...Almost every CEO in KPS is also Director
in Air Selangor ( mother and Son )
2021-11-12 17:18 | Report Abuse
Carlsberg's Qr is much weaker than Heinkein
2021-11-11 21:22 | Report Abuse
Hantu Gigi Jarang Bursa is punishing the shareholders not the directors...
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Bursa is following the right procedure.....no more innocent ikan bilis get caught...as for those
already in deep mud just sharpen your 4 letter words skill (pls used on the correct person )
2021-11-11 20:46 | Report Abuse
KPMG already won RM 4 bil counter claim...donT really need this Job
2021-11-11 20:30 | Report Abuse
PSAi3alert Destroying evidence: In progress
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Even destroying evidence is difficult depending on How the Books are cooked---Rare, medium
Rare Or Over Cooked
2021-11-11 20:07 | Report Abuse
With so many Loan / interest Call, Creditors might be Q-ing at Karim's office with Court Order
to Liquidate Asset
2021-11-11 19:25 | Report Abuse
So SIR by EY is actually Ready to be released....However Karim's lawyer still can delay a few
weeks But not more
2021-11-11 19:03 | Report Abuse
From 31Aug till Nov, TG actually plunge more then expected....even Ular jump ship
2021-11-11 19:02 | Report Abuse
How to move a 8 billion shares Stock without Institution and Bankers?????
2021-11-11 19:00 | Report Abuse
Technically TG is a Abandon Ship Stock
2021-11-11 18:58 | Report Abuse
as of 31Aug, JPM is holding 0.90% itself ( 1.78% for Clients)...Almost All Big Fishes (top 30)
are between 2.0---1.0% ( no more big holder except TanSri in various margin account )
Between 1,000 to 10,000, Ular Category are the largest.... 53%
( Source: Annual Report 2021 )
2021-11-11 18:32 | Report Abuse
All this arm twisting against its workforce are recorded and ended up in NGO's hands and then
to CBP
2021-11-11 18:30 | Report Abuse
Over capacity is a guarantee way to jump into operating loss...Before Covid, I see how TopGlove
squeeze Bangla paycheck to stay above waterline
2021-11-10 16:31 | Report Abuse
OnTime northern hemisphere experiencing winter very soon. the prediction is this year is frigid cold
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With so many dead and knowledge about how covid is spread....Cold weather is now a blessing....
Covid spread by people thru saliva. In normal 30F cold weather we can actually SEE saliva
shooting Out of ones mouth...You can see thousand of people spraying Covid at You in Shopping
Mall and Restaurant....And you are Not afraid....I doubt
2021-11-10 15:13 | Report Abuse
lapdag is still okay but Ular real job is drive a 10-Ton lorry carrying TanSri's nuts around
narrow Glove production lines...one mistake, it is either 10 Bangla Dies Or TanSri's Egg splash
all over the place
2021-11-09 17:27 | Report Abuse
3 bil Cash if pump into USA factory will suffer losses for next 3years...Better distribute 3bil
back to shareholders. Average USA worker is RM380 / Day ( excluding benefits)....Average
Bangla per day in Klang is RM 110 ( with all overtime allowed RM 180 / Day And No Benefits )
So USA workers are 4X more expensive than Bangla ( all-in basis ).....Can Super Glove cover
this extra Labour Cost selling " Made-USA-Glove"???
2021-11-09 11:29 | Report Abuse
i think Karim will get his "medicine" after if SB failed to produce AR in 30Nov....A Class Action
Law suit can be started by Bankers / Investor against Karim....Losses from Stock Price can be
Legally Claim against Karim personally....DonT throw your stock scrips into the Longkang....you
can Claim Back from Karim
2021-11-09 10:46 | Report Abuse
https://malaysia.news.yahoo.com/regeneron-says-covid-antibody-treatment-152235470.html
ReGen Cov gives 8 months Covid protection after One Dose...So many Covid Treatments are
still Q-ing for announcement within next 2 months....I think Covid is actually a "sui yee" for
Big Pharmac. Co to make Huge Profit in 2022
2021-11-07 18:57 | Report Abuse
Rivals are not far behind, with Pfizer, Roche and Atea Pharmaceuticals all expecting results from late-stage clinical trials this year.
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US antiViral Covid Pill will be fully covered with Merck, Pfizer. So next market is Generic Market,
that Roche and Atea has to Go....India is the real Dominant Player for generic Pill And my RM4.99 AntiViral Covid Pill should be in Guardian Pharmacy in 2022
2021-11-07 18:39 | Report Abuse
Honesty When the time come for the SIR to release, all your black paint on the white paper will be was
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So confident. Karim really need your support...As far as I know, even Giant like MayBank, audit
is always finished in 4-5months....SB need 1.5years ( SB is Not a Big O&G Co.) Furthermore
Qr results ( unaudited ) always made 100mils for the last 5--7 Qr....profitable Co should Not
has audit problem....unless the numbers are plucked from the Sky
2021-11-07 17:36 | Report Abuse
https://www.reuters.com/business/healthcare-pharmaceuticals/britain-approves-mercks-oral-covid-19-pill-2021-11-04/
US FDA is always the Last to approve Merck...Who need FDA approval....Britain say GO for it.
2021-11-07 17:18 | Report Abuse
Extreme Risky stock even playing Contra.
2021-11-07 16:31 | Report Abuse
Mabel Malaysia to generate at least RM8.5bil additional revenue via Cukai Makmur
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8.5B is only enough to 1MDB interest payment for 2022
2021-11-06 10:10 | Report Abuse
https://www.theedgemarkets.com/article/pfizer-says-antiviral-pill-cuts-risk-severe-covid19-89
Any New factory is a waste of Fund...Better distribute Cash back to investors
2021-11-06 10:08 | Report Abuse
https://www.theedgemarkets.com/article/pfizer-says-antiviral-pill-cuts-risk-severe-covid19-89
Habis--lah ...Tutup Glove Kilang
2021-11-05 13:57 | Report Abuse
UlarSawa US double standard lah. Why attacked Msia Gloves makers kah. Easy to attacked Msia bcos Msia small country mah
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USA is Not biased but NGO are the one submitting / and supply Info to CBP to block Malaysia
Glove. Maybe TanSri donT want to contribute to Trump's NGO, now got kick in the ass
2021-11-04 17:52 | Report Abuse
The Real, Real Show is when Jaks release Qr results...got to be 30 Nov latest...any early release
will be Good news...if cannot release means another SerB
2021-11-04 17:23 | Report Abuse
lalazai9 Coming QR ping petroleum and silterra contribute 2 mth profit,
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Silterra might be closing some production Lines for Up-Grading... ( CEO said 2 year Up-Grading )
Oil revenue is not a big factor...ping contribution is always small....
Dnex major revenue comes from Gov....Digital Contract
2021-11-04 17:15 | Report Abuse
when Super release Qr. results next week Or tomolo....TG will feel Arctic sub, sub Zero wind...
minus 100F wind chill factor
2021-11-04 17:11 | Report Abuse
Super has extended Qr release after Oct into Nov.....usually Results are depressing ( Director
dumping already gave some hints )
2021-11-03 19:35 | Report Abuse
Private placement is drying Up so "they" throw Very Big Stone into the pond to attract ikan bilis
---pump and Dump 2 days show
2021-11-03 17:15 | Report Abuse
curry laksa already done, Now new auditor adds salt, Aji, and satan to change the favour ...
very difficult....only make taste worst
2021-11-03 17:07 | Report Abuse
maybe all 2020 / 2021 finance # are cooked
2021-11-03 17:01 | Report Abuse
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3206586
Another One bite the Dust....scib lockup by Bursa
2021-11-03 16:12 | Report Abuse
Just on share-buy back losses already correctly pointed out TanSri donT know how to manage
money...then come over-spent on production lines expansion when Covid cases are plunging.
Cash Crunch is coming looking at how desperate TanSri wants to raise Cash in HK
2021-11-03 14:28 | Report Abuse
Tomolo festival of Lights....TG celebrates on darkness ( more covid is better ) so ppl dumped
2021-11-02 18:42 | Report Abuse
Hard for Super price to Gain if Director Ding, Ding dumping everyday
Stock: [TOPGLOV]: TOP GLOVE CORPORATION BHD
2021-11-14 17:34 | Report Abuse
https://www.nbcnews.com/news/world/covaxin-india-s-homegrown-covid-vaccine-authorized-world-health-organization-n1283169
India Covaxin is far cheaper than pfizer, Moderna, Or SinoVax and India production Capacity
can Cover everybody on earth easily.