Foresee share price shall be dropped below 1.20 for the next 6 months...

Amboi...that's the signal for tech stocks see which co. can sustainable for upcoming season...

Gross margin too low...only single digit...

Too depending on 1 or 2 big customer contract...too high risky...

Guess which is the next will kill the tech board soon...



wkwkwk...kekeke...hehehe...

Amboi...Gross profit margin only less than 2%!!!...

Can't understand so many traders or investors still believe upward trend at this moment...




wkwkwk...kekeke...hehehe...

Really penny players.....

Buying behaviour penny players until now still can't change mindset...



Amboi....

Amboi...let the market perceive & determine upcoming trading season...

Keyman188 unable to challenge or influence market momentum & behaviour...

We all watching last 2 weeks of Dec'21 then will know the answer soon...


wkwkwk...kekeke...hehehe...





Posted by supersinginvestor > Nov 12, 2021 2:55 PM | Report Abuse

@keyman188.
My friend keyman188 based on you write up. It seems you have reservations on the makmur tax and fees increase.
As for makmur tax its called makmur to indicate prosperity. So that means those who got high income can pay extra.
Utdplnt should see an increase much greater then 9% so paying the tax should not bring down the price and cos increase income and they have lots of reserves the dividend will be higher too.
As for fees for stamp duty. It only effect traders. Utdplnt is not a trading stock.
Hope that explains it.
Sharing is caring.
Thanks my friends.

Lucky this sinkalan didn't said "My Tesla in nasdaq has shot up very fast."...


wkwkwk...kekeke...hehehe...

Adui...still dreaming at "metaverse" right now !!!...



wkwkwk...kekeke...hehehe...

Amboi...beside this stock...

Another long term position at foreign market...

Within 1 week already return by 6%++ liao lorr...



wkwkwk...kekeke...hehehe...

Amboi...Really laugh die Keyman188...


Is it call very wise !!!...


Keyman188 had invested 1 of the stock at foreign market...within 3 weeks already paper gain by 27%++ liao lorrr...


Really fortunate...Keyman188 had managed to pare down 40% shareholding of overall long term position since 2nd half of Sept until before budgetary announcement...


Since that unexpected "Cukai Makmur" + "50% increased of stamp duty"...Keyman188 further pare down another 10% long term position...


Now waiting this 2 months (before year end) further pare down until 30% long term position if share price slightly recover back certain level since Keyman188 managed to strike cheapest entry price last year during pandemic...


Keyman188 diverted investment funds to "other market"...


Be frankly speaking...


Keyman188 really not so favourable the latest 2022 Budgetary...


Unexpected GOM will implement "Cukai Makmur" for those RM 100 mil above...


Unexpected GOM will remove stamp duty capping by RM 200 & increase the duty by 50% from 0.10% to 0.15%...


Since "Cukai Makmur" already tabled at Parliament...you think upcoming year by year will continue !!! (We don't know but high possibility since Natioanal debt now stood at RM 1.25 trillion pre-budgetary announcement)...


Furthermore...current local equities valuation really not so attractive if comparing other market peers...


Beside valuation...other "factors" also not so favourable since slowly slowly emerged on the table...




~~~~~~~~~~~~~~Always remember, plenty of choice~~~~~~~~~~~~~~~~





Posted by supersinginvestor > Nov 12, 2021 1:42 PM | Report Abuse

@traderjoes
Very wise. Very wise indeed.

HLIB ceases coverage on Hup Seng on lack of management access

(theedgemarkets.com / November 11, 2021 17:10 pm +08)

## https://www.theedgemarkets.com/article/hlib-ceases-coverage-hup-seng-lack-management-access



OMG...hopefully NOT follow London Biscuit shadow...




wkwkwk...kekeke...hehehe

Serba Dinamik misses coupon payment for US$300m sukuk

(theedgemarkets.com / November 11, 2021 14:10 pm +08)


## https://www.theedgemarkets.com/article/serba-dinamik-misses-coupon-payment-us300m-sukuk



Who still NOT willing to wake up again!!!...


Amboi...

Amboi...see you 5++ in year 2022...

Hopefully not possible can see 4++ lahhh...

Amboi...market NO way out if this upcoming GDP announcement is turn to negative news...


Well prepare for perfect storm again...

Malaysia's GDP likely contracted in 3Q on renewed Covid-19 curbs

(November 11, 2021 10:15 am +08)

BENGALURU (Nov 11): Malaysia's battered economy likely slipped back into contraction in the third quarter as coronavirus-induced restrictions brought economic activity to a near-standstill, a Reuters poll found.

After bouncing back from its worst recession in more than two decades in the second quarter, the Southeast Asian economy shrank 1.3% in July-September from a year earlier, according to the median forecast of 20 economists in the poll.

Forecasts for the change in gross domestic product (GDP), due to be released on Nov. 12, ranged from -6.0% to +1.0%, underscoring widespread uncertainty around the economic impact of the COVID-19 pandemic.

"The deceleration reflected strict movement restrictions to curb the more contagious Delta variant virus infections," said Chua Han Teng, an economist at DBS Group Research. "With much of the economy under harsh curbs, private consumption, investment, and manufacturing activities took a big hit."

Renewed COVID-19 lockdowns in the Southeast Asian country dampened a nascent economic recovery, pushing Malaysia's central bank to slash its 2021 growth forecast to 3.0%-4.0% from 6.0%-7.5% previously.

After chopping its benchmark rate by 125 basis points last year as the pandemic took hold the central bank was expected to keep rates unchanged until the third quarter of next year, a separate Reuters poll showed.

But the economy is expected to gain momentum, expanding 4.0% in the current three-month period as a ramped-up vaccination drive, a record government budget to spur post-pandemic recovery and gradual reopening have boosted hopes of a turnaround.

The government expects Malaysia's economy to grow 5.5%-6.5% next year, driven by normalisation of economic activity, resumption of projects, higher commodity prices and strong external demand.

"We expect a strong recovery in the coming quarters as restrictions are eased further and normal economic life returns. This will also be supported by loose fiscal policy, with the recent 2022 budget targeting another ramp up in spending," said Alex Holmes, emerging Asia economist at Capital Economics.

"With vaccine coverage now among the best in the world, virus cases falling back sharply and the government easing restrictions, activity is rebounding strongly."

But several economists warned the bleaker outlook for China's export market and continued pandemic fears pose downside risks to growth. China is Malaysia's largest trading partner.



## https://www.theedgemarkets.com/article/malaysias-gdp-likely-contracted-3q-renewed-covid19-curbs

Amboi...seem like this member facing headwind due to wrongly invested...


Kesian...kesian...kesian...





Posted by musso77 > Nov 11, 2021 8:17 AM | Report Abuse

So many here badmouthing Serba and DK, telling this la that la, as they know everything and their opinion are the best interest for everybody. Actually you get what in return? just asking only... fortune teller and shaman in Bursa, can tell what will happen in future, and saying Serba case same with Transmile etc etc...hahaha, sure enough fortune teller can make a lot of money, selling 4D number also can make a lot of money..

Amboi...a lot of members here...a lot of newbies here...totally forgotten what was happening to "Transmile (7000" story...

Once upon of time...this counter was darling stock amongst the foreign + local fund managers...

Unfortunately that "incident"...3 big investors had incurred losses...

Keyman188 observing a lot of "dreamers" still hoping some miracle will happen...



Adui...

Amboi...Why you only read certain part of the WB's guidance...

Did WB guide you if you want to buy any stock...you need to keep it for your whole life !!!...




Posted by NatsukoMishima > Nov 9, 2021 5:32 PM | Report Abuse

Warren buffet value investment theory misleading a lot of people lost huge amount of money in glove stocks , a very expensive lesson in stock investment !

That's it !!!...

NO more !!!...

Adui...give us more world lahhh...

Keyman188 sometime like to drink Pepsi...."Ask for More"...



wkwkwk...kekeke...hehehe...




Posted by supersinginvestor > Nov 9, 2021 5:25 PM | Report Abuse

@keymam188
Watch too many violent rajnikan movies and eat muruku until gone gila aldy..
Here maybank forum la...
Talk maybank ok..

Really kesin...kesian...this sinkan fake "rich unker sifu"...

Kesian until can't talk extra more....


Amboi....



wkwkwk...kekeke...hehehe...




Posted by supersinginvestor > Nov 9, 2021 5:20 PM | Report Abuse

Keyman188 u sudah makan muruku ah?

Aiya...since Keyman188 now so free then layan this sinkalan sikit lorrr...


Keyman188 worry this sinkalan totally forgot Keyman188 mahhh...


wkwkwk...kekeke...hehehe...


Are you happy today...Keyman188 hope you so lahhh...


wkwkwk...kekeke...hehehe...





Posted by supersinginvestor > Nov 9, 2021 5:13 PM | Report Abuse

Lol


Posted by supersinginvestor > Nov 9, 2021 5:14 PM | Report Abuse

Keyman188 u oso the gang ah..so gang of 4..lol


Posted by supersinginvestor > Nov 9, 2021 5:15 PM | Report Abuse

Keyman188 u aldy eat muruku ah??

You can't really depend so much on the volume...

Majority large cap volume is fake...

Most of the fund managers will "in/out...in/out" to adjust their holding cost during market turbulence...

Did you know some time fund managers also received "warning letter" from Bursa due to too active intraday trading...



Posted by chowwei > Nov 9, 2021 5:10 PM | Report Abuse

MAYBANK 只算它 7.990 丢的数量
已经超越了
TENAGA 一整天交易里买卖的数量
蛮夸张一下

Amboi...this sinkalan asked Keyman188 call him unker sifu...

Really laugh die Keyman188...even though this sinkalan carry Keyman188's shoe also NOT qualify...

Until now this sinkalan really don't know what is the mistake had faced off...some more go anyway to bully other members...

So Keyman188 really nice person...just ask him to carry on...



wkwkwk...kekeke...hehehe...




Posted by stkoay > Nov 9, 2021 5:01 PM | Report Abuse

Wow Keyman188....many of the singkalan stocks dropped kaw kaw today....LOL

Amboi...unexpected sinkalan is here again...

Why this sinkalan like to delete whatever you commented !!!...

How is your stocks holding...Mycron...UtdPlt...KLK...PMetal...AeonCredit...

Aiya...seem like this sinkalan still happy to hold it (good)...

Let you repeat...repeat...repeat...this sinkalan mistake...



wkwkwk...kekeke...hehehe...





Posted by supersinginvestor > Nov 9, 2021 4:28 PM | Report Abuse

stkoay...
Hows ur maybank?
Must be down alot ah?
Wats ur advice..


Posted by supersinginvestor > Nov 9, 2021 4:02 PM | Report Abuse

Ok i get it..
Tolle said buy at rm7
Jeffchan said sell maybank and buy kpower
Wat about stkoay??
Need input@stkoay



Posted by supersinginvestor > Nov 9, 2021 2:17 PM | Report Abuse

@tolle stkoay jeffchan
Do u know how to read charts ah? Plz share ur expertise..
What to do?? Advice?

At this market momentum...very strong selling pressure...

Once market up slightly...very fast can see strong selling...

Strongly advice sell (curi curi tell you...Keyman188 very rare asking people buy or sell any stock)before too late...

Don't expect can go back above 1600 level anytime...

High possibility can see 13xx by next year...

Next month more selling pressure before closing 2021...

No more window stressing for this year...

In fact worse performance than 2020 during pandemic if you measure the "real market & individual performance"...


Amboi....

Next month more selling pressure before closing 2021...

No more window stressing for this year...

In fact worse performance than 2020 during pandemic if you measure the "real market & individual performance"...


Amboi....

OMG...market further vomiting...

See you 13xx by next year...



wkwkwk...kekeke...hehehe...

Amboi...this trader try to peg...try to approach KYY spread out recommended stocks at the forum so this trader can run fast fast...


So desperate...so kesian...



wkwkwk...kekeke...hehehe...

Really fortunate...Keyman188 had managed to pare down 40% shareholding of overall long term position since 2nd half of Sept until before budgetary announcement...


Since that unexpected "Cukai Makmur" + "50% increased of stamp duty"...Keyman188 further pare down another 10% long term position...


Now waiting this 2 months (before year end) further pare down until 30% long term position if share price slightly recover back certain level since Keyman188 managed to strike cheapest entry price last year during pandemic...


Keyman188 diverted investment funds to "other market"...


Be frankly speaking...


Keyman188 really not so favourable the latest 2022 Budgetary...


Unexpected GOM will implement "Cukai Makmur" for those RM 100 mil above...


Unexpected GOM will remove stamp duty capping by RM 200 & increase the duty by 50% from 0.10% to 0.15%...


Since "Cukai Makmur" already tabled at Parliament...you think upcoming year by year will continue !!! (We don't know but high possibility since Natioanal debt now stood at RM 1.25 trillion pre-budgetary announcement)...


Furthermore...current local equities valuation really not so attractive if comparing other market peers...


Beside valuation...other "factors" also not so favourable since slowly slowly emerged on the table...




~~~~~~~~~~~~~~Always remember, plenty of choice~~~~~~~~~~~~~~~~

Keyman188 never regret...

In this world not only 1 Malaysia equities market to invest...

Plenty of choice nowadays...

As investor...always think out of the box...always use cognitive to view the market...

Only penny traders will regret...





Posted by Nepo > Nov 2, 2021 8:54 PM | Report Abuse 

When Padini push up to RM3.50, only then you regret.
Now it is still undervalued，why sold?

No doubt "Cukai Makmur" will be approved by majority MP...

Most of them more concern about Rakyat benefit rather than co. benefit...

Most of them more concern where & how to generate more income to cover National Debt...




Posted by Stocksafeplayer > Nov 1, 2021 2:02 PM | Report Abuse

When budget 2022 is due for approval in Parliament?

At the moment...outlook NO so great...

Since big planters need to face 2 different "special levy" + ESG gradually implemented globally...


## https://klse.i3investor.com/servlets/forum/908216264.jsp

At the moment...outlook NO so great...

Since big planters need to face 2 different "special levy" + ESG gradually implemented globally...


## https://klse.i3investor.com/servlets/forum/908216264.jsp

At the moment...outlook NO so great...

Since big planters need to face 2 different "special levy" + ESG gradually implemented globally...


## https://klse.i3investor.com/servlets/forum/908216264.jsp

At the moment...outlook NO so great...

Since big planters need to face 2 different "special levy" + ESG gradually implemented globally...


## https://klse.i3investor.com/servlets/forum/908216264.jsp

Foresee this month further downside risk until 1512 ~ 1517 level...

Once break anytime can re-visit again 1483 ~ 1486 level...

See which big cap planter will hit the most tomorrow...


Amboi...

For this issue...very subjective...

Simple for those Big Players...they know how to park all funds to outside Malaysia...no necessary need to bring back home...




Posted by winterwolf > Oct 31, 2021 6:36 PM | Report Abuse

income derived from oversea also subject to tax.

Cukai Makmur, stamp duty changes may dampen near-term market sentiment, says Malacca Securities

(October 31, 2021 18:16 pm +08)

## https://www.theedgemarkets.com/article/cukai-makmur-stamp-duty-changes-may-dampen-nearterm-market-sentiment-says-malacca-securities



Upcoming trading period foresee unavoidable heading selling pressure...

No matter as short term players...contra traders...mid-long investors...we need to accept the real fact...

Is it the time to reconsider diversification !!!...

Is it the time to revamp your long term investment portfolio !!!...

Cukai Makmur, stamp duty changes may dampen near-term market sentiment, says Malacca Securities

(October 31, 2021 18:16 pm +08)

## https://www.theedgemarkets.com/article/cukai-makmur-stamp-duty-changes-may-dampen-nearterm-market-sentiment-says-malacca-securities



Upcoming trading period foresee unavoidable heading selling pressure...

No matter as short term players...contra traders...mid-long investors...we need to accept the real fact...

Is it the time to reconsider diversification !!!...

Is it the time to revamp your long term investment portfolio !!!...

Cukai Makmur, stamp duty changes may dampen near-term market sentiment, says Malacca Securities

(October 31, 2021 18:16 pm +08)

## https://www.theedgemarkets.com/article/cukai-makmur-stamp-duty-changes-may-dampen-nearterm-market-sentiment-says-malacca-securities



Upcoming trading period foresee unavoidable heading selling pressure...

No matter as short term players...contra traders...mid-long investors...we need to accept the real fact...

Is it the time to reconsider diversification !!!...

Is it the time to revamp your long term investment portfolio !!!...

At this moment...some IBs shy to provide outlook for plantation sector since upcoming 2022 need to pay so much levy...


Amboi...

Cukai Makmur, stamp duty changes may dampen near-term market sentiment, says Malacca Securities

(October 31, 2021 18:16 pm +08)

KUALA LUMPUR (Oct 31): The proposed one-off windfall tax called “Cukai Makmur” and proposed changes to the stamp duty on contract notes for listed share trading may lead to a knee-jerk reaction and dampen market sentiment in the near term, said Malacca Securities Sdn Bhd.

Under Budget 2022, the government has proposed to impose the Cukai Makmur on companies (other than the micro, small and medium enterprises) that generate high income during the Covid-19 period effective the year of assessment 2022. The chargeable income above RM100 million will be taxed at 33%, while a 24% tax rate applies for chargeable income of up to RM100 million.

‘’Around 15% of the public listed companies are having more than RM100 million profit before tax and the total earnings impact will be roughly a decline by 10%-12% on the FTSE Bursa Malaysia KLCI (FBM KLCI) heavyweights (based on back of the envelope calculation),’’ the brokerage said in a note on Sunday (Oct 31).

Malacca Securities said stock broking firms and Bursa Malaysia may also experience softer trading activities amid the removal of capping of RM200 contract notes stamp duty effective Jan 1, 2022.

The RM200 stamp duty limit was introduced in 2003 to boost the capital market in Malaysia.

Nonetheless, despite the Cukai Makmur being proposed, Malacca Securities foresaw some winners from Budget 2022, including those in the automotive, consumer, telecommunication, technology, healthcare, e-sports, tourism and healthcare sectors.

The brokerage is neutral on the construction, property, security and defence, and transportation and logistics sectors.



## https://www.theedgemarkets.com/article/cukai-makmur-stamp-duty-changes-may-dampen-nearterm-market-sentiment-says-malacca-securities

These companies may be subjected to the one-off 33% prosperity tax
Seah Eu Hen

(theedgemarkets.com / October 29, 2021 23:59 pm +08)


KUALA LUMPUR (Oct 29): Investors' fear of a surprise corporate taxation came true when Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz announced a one-off 33% "Cukai Makmur" (Prosperity Tax) on companies that make more than RM100 million in profit for the year of assessment 2022.

The "Cukai Makmur" is a one-off tax measure introduced by the federal government in Budget 2022, whereby earnings above the RM100 million mark will be taxed at a rate of 33%, instead of the blanket 24% rate previously.

Among over 900 public-listed companies on Bursa Malaysia, 145 of them earned over RM100 million in their financial year 2019 (FY19), while there were only 125 such companies in FY20, based on Bloomberg data.

Only 113 companies managed the same level of pre-tax earnings across the last two financial years, according to Bloomberg data.

Banks and big plantation companies are seen as the obvious targets.

The FBM KLCI constituents such as Malayan Banking Bhd, Public Bank Bhd, Tenaga Nasional Bhd, Top Glove Corp Bhd and Petronas Chemicals Group Bhd were among the 113 companies that managed over RM100 million consistently across the two financial years. (see table)

Glove makers such as Careplus Group Bhd and Rubberex Corp (M) Bhd as well as semiconductor automated testing equipment (ATE) and packaging companies, such as ViTrox Corp Bhd and Unisem (M) Bhd also saw their pre-tax earnings rise in FY20 compared with FY19.

It is unclear if the "Cukai Makmur" will apply to all companies as the current year of assessment differentiates tax rates depending on the paid-up capital of the company according to the Inland Revenue Board.

For the year of assessment 2020, companies with paid-up capital of less than RM2.5 million are charged a 17% tax rate for their first RM600,000, while the extra income will be subjected to 24% tax rate. Companies with paid-up capital of above RM2.5 million, however, will be subjected to a tax rate of 24% regardless of their income generated.


## https://www.theedgemarkets.com/article/these-companies-may-be-subjected-oneoff-33-windfall-tax

Losses due to labour issue and unharvested ripe oil palm fruits

The group also highlighted that the industry has been grappling with the shortage of labour, as foreign workers could not be recruited due to the closure of international borders during the pandemic.

"As a result of the shortage, a high percentage of palm fruits were left unharvested and resulted in close to RM5 billion in financial losses to the industry and government revenue," they said, adding Sarawak and Sabah planters are continuing to suffer from such losses.

"Even though 2022 would likely be another good year in terms of favourable crude palm oil price, shortages of workers will continue to burden the industry. In a worst-case scenario, East Malaysia companies would suffer further losses should the Federal government insist on raising the windfall profit levy on East Malaysia," they said.

This, they explained, is because windfall levy is still paid if one sells the produce, even if the planter made losses, as levy is calculated based on the price.
Appeals to Sabah and Sarawak state govts for help

The group is also requesting that state governments who have benefitted from the CPO sales taxes to also play a part in protecting the industry.

“We would like to appeal to the State Governments of Sarawak and Sabah to take proactive steps to safeguard the oil palm industry, including active and inclusive stakeholder engagements and consultation in all policy making processes, in line with 'Keluarga Malaysia',” they added.


## https://www.theedgemarkets.com/article/sabah-sarawak-palm-oil-players-cry-foul-over-doubling-windfall-profit-levy-rate

Sabah, Sarawak palm oil players cry foul over doubling of windfall profit levy rate

(theedgemarkets.com / October 31, 2021 14:25 pm +08)

KUALA LUMPUR (Oct 31): Palm oil growers from Sabah and Sarawak are crying foul over what they deemed to be the unjust doubling up of the windfall profit levy rate from 1.5% to 3% to be imposed on those who operate in the two states, as proposed under Budget 2022.

In a statement, the planters said the 1.5% levy for East Malaysia was implemented by the former government because Sarawak and Sabah growers also have to contend with a state CPO sales tax of 5% and 7.5% respectively, after a threshold of RM1,500 per ton. No other states in Malaysia have this tax, they said.

"With the doubling of the levy from 1.5% to 3%, the sense of equity seems to have been removed from the East Malaysian States by the present government and (there is) a sense of using East Malaysian States to subsidise the opportunity losses by the West. It puts a new meaning to 'Keluarga Malaysia'," the planters said.

The statement was jointly issued by the Sarawak Oil Palm Plantation Owners Association, The East Malaysia Planters’ Association, Dayak Oil Palm Planters Association, Chinese Chamber of Commerce Tawau, Tawau Agriculture Association, The Malaysian Estate Owners’ Association, and the Chinese Chamber of Commerce Lahad Datu. Collectively, they are known as The East Malaysian Oil Palm Solidarity Group or EMOPSG.

While the government has also proposed to increase the threshold price for the windfall profit levy for Sabah and Sarawak to RM3,500 from RM3,000 — together with an increase to RM3,000 from RM2,500 for oil palm companies in Peninsular Malaysia — the Sabah and Sarawak planters said this is not enough.

The growers said production cost in East Malaysia is about 15% to 20% higher than in Peninsular Malaysia due to higher transportation, input materials, and labour.

“The last review of the windfall profit levy threshold was done in 2009, some 12 years ago. In these 12 years, wages and materials have risen 80% to even 100% for certain essential items such as fertilizer and chemicals along with labor. This in turn increases the production cost of the product. Palm oil is in a price taker and not a price maker business, it is a commodity.

“The levy is a “windfall” levy, this windfall levy has not been implemented to any other industries bar the oil palm industry. As its name dictates “windfall" or excessive profit, it only stands to reason that the threshold should be set at RM3,500 and for Sarawak and Sabah at RM4,000 per tonne," they said.

As such, they are appealing to the government to push the threshold price for the windfall profit levy for the East Malaysia growers to RM4,000, and to keep the levy rate at 1.5%.

The association said if the minister from the present government heeds the plea of the industry to raise the windfall Levy threshold to RM4,000 and keep the levy at 1.5% for Sarawak and Sabah, this will help offset the corresponding increase in the cost of production and nurture the industry towards being more competitive and sustainable.

“It will also show that the current Federal government does understand the struggles by the planters in Sarawak and Sabah. In particular Sarawak, where many land planted with oil palm are marginal, gives lower fresh fruit bunches yield and lower oil extraction rate (oil per hectare). In addition, many plantation companies in Sarawak are still struggling with their loans because of new development done over the past 15 years,” it added.


Cont...

Seem like plantation counters are the big losses since big planters need to pay windfall profit levy rate and also need to pay "Cukai Makmur"....

Great to heard...

Can give you more chance...

Keyman188 a bit naive for current local equities...

So Keyman188 let you bet in more more...


Congratulations....



wkwkwk...kekeke...hehehe...




Posted by gemfinder > Oct 31, 2021 2:34 PM | Report Abuse

33% for the balance above rm100m. U suda sell ke? Bagus. I can buy cheap cgeap all counters

Amboi...you sudah buta buta kee...

Keyman188 had highlighted "Don't forget...RM 100 mil profit PLC considered very minimal & acceptable for investment targeting..."




Posted by gohkimhock > Oct 31, 2021 2:29 PM | Report Abuse

@Keyman188 Malaysia tax rate is 24% only. Not 33% as claimed by you. In Bursa, only 124 counters will hit by this new one off prosperity tax. Pls dont mislead.