Loan loss provision { kitchen sinking exercise} one off for the corporate loan liquidation foreclosure

Sapenergy is a O & G downstream piping operator. No contract means. O I come but fixed overhead costs still incur. Income revenue eats up by its Bank borrowings. No dividend for sharehders as Bank have a caveat on assets

Last qtr result minus 47 million losses cumulative 3 qtr losses totaling minus 111 million. Cannot expect turnaround for coming financial year

Ekovest is moving to 3-4 main segments. Property, toll collection, fruits [ durian exports}, last but not the least construction. What Botak is doing switching his bets between IWH, Bandar Malaysia, PLS plantations and Ekovest. With his link{s} to China railway anything is possible with China railway partners. The only question is developement takes time to mature. Everybody knows Ekovest sum of parts valuation are much higher. This is one reason why Botak keep on converting warrants into mother shares. We need to ask questions at Ekovest AGM { coming Wednesday} the board must give answer n clarity

Ambank, Topglove, Airport & Qsr all rank between closely 32- 35. Capitalisation closely link { subject to their price closing. FBM 30 ranks the biggest 30 market cap. Certain Conglomerates have multiple listing. Eg Petronas, Petronas gas. GENTING and GENM etc

Sulaiwesi venture planting cocoa, coconut, sevia, coffee requires very long gestatation period. Land usage allows only cash crop not oil palm planting

Without prejudice tough to push a 16 billion unit share counter on our local bourse

Yup. Without prejudice Kenanga analysis very subjective { always treat with caution)

Without prejudice : never trust the analysis call. Just check their price target. Very dismal. Always do your homework and studied the stock trend line

This Qtr may be flat { new charter rate only reflects next year}

Foreign funds are holding substantial stakes of our government MGS. Any sell down will hit our MYR directly( one of the reasons why our ringgit is depreciating n underporforming against other regional currencies Ed Thai baht, SGD, yuan not forgetting USD.

Enigmatic : u need to look at TG biggest 30 shareholders. Mostly local funds inclusive of EPF who has been rebalancing the books with other Glic. Lim family also hold sustantial stakes. Some are park under nominess acc

Not a good day for Bursa

Bandar Malaysia was tender by IWH { controlled by Botak} Ekovest is controlled by Botak and used as a cash cow to plant durian {using ekovest cash reserve} Common shareholders but indirectly not involved with Bandar Malaysia project. BANDAR MALAYSIA is a joint proje t between IWC and his China railway partners { riding on the proposed HSRL with Singapore}

Trading price revised to 47 after charter rates revision

Banking stocks up except Cimb

Always 2 side of the coin. Either a bull or a bear

No steam

AGM coming 27 nov

Nobody will convert based on the above pricing

A lot of unhappiness & dissatisfaction on ground zero. PH will definety see support dwindle from his core supporters. BN [ MCA] candidate have the advantage

Most disappointed O & G uninspiring counter since listing. Drop from day 1

A lot of rebalancing between Glic companies

TG Price needs to buck up if not by end November drop from FBM 30

BNM SRR cuts requirement means commercial banks have more funds to lend. SRR [ BNM] is a statutory reserves which carries zero coupon rate imposed by our monetary regulatory bodies

Iskandar waterfront looks deserted

Read ambiga take on zahid at tanjung ceramah

FBM 30. Top glove is now at 35 { from 6.00 drop to 4.00} FBM 30 have a list of 35 counters pu lished { certain conglomerate have 2 or 3 on the list} example Genting and GENM

First target 40

FBM 30 KLCi pricing based on end November

USD 4.13 against 4.17

Without prejudice to any party. Size and volume does matter. TG have ready already diversify into nitre gloves and other related products. Result will shown in the coming financial year. TG is the world's biggest glove manufacturer. TG apart from a contract ma ufacturer has started their own rand manufacturing where margin is higher

Positive news fliw

Share Consolidation 5 into 1 { big blow for shareholders}

Local O&G relies heavily on Petronas contracts

IF we lose our biggest buyer { India} plus EU reduced demand for palm oil. Pla tations in for a tough time. Biodiesel { palm usage} not sustainable in the long run given gas oil price diffential. Not forgetting the African swine fever that wipes out China 40% of their poultry. Reduced demand for soymeal translate into lower SBO prices that will hit palm prices and China demand for the tropical oil usage. INDONESIA Estate fund for palm bio diesel subsidy insufficient for their B20 running short (forget B30} currently they are running short on their country balanced of payment subsidy will be will be channel into more urgent needed sector not the palm sector. Year end world wide stock will balloon up.

This counter is still struggling to find its footing. A lot of investor's still holding on to their losses. Most likely trapped in a tight trading band 25 - 28 range despite improving market sentiment. MACD still negative { just my personal view}

EGM staff esos has a { holding period} for 3 years before they can be sold. This will help any dilution or conversion n sold immediately. Non executive directors not granted any entitlement. Under the esos scheme. The esos scheme is a incentive scheme for imagine esos is price at 32 sen their staff. Main beneficiary is the president and CEO. Imagine exercise price at 32.5 { vesting period for 5 years.} the market price hit 80 sen when oil hits USD 80 per barrel

2020 zero in on blue chips { eg bitten down shares} good dividend yield and below market consensus

EGM {CEO} positive on company performance. currently rigs utilisation around 80%expect more contracts in the pipeline. last qtr result { turn around 12 million nett profit}

Private equity funds recommend CMA (Cimb, Maybank and Ambank}

US rate cuts { indirectly affect the dollar} if BNM maintain their rate. Funds are likely to sell dollar and swap emerging countries currencies (spread between interest rate} USD may weaken and MYR strengthen. Bad for our exports going forward

72 million per annum more than 1/3 of our bursa listed companies make in a single year { nett profit per annum}

Higher demand for Jack up rigs seem positive for Velesto. Petronas expected to increase & the number of Jack up rigs { for local operators} velesto seem the main beneficiary

Something is brewing after a long slumber

Is a big joke drinking 2 tea spoon of cooking oil. Ask Teresa kok do it

Our Plantation ministry toothless over the sting raised by TDM on the controversial Kashmir

CEO has said reduced demand from India buyers { Malaysian palm oil} . Sime will offset this by shipping supplies and switch from their Indo side. Smaller upstream companies will be affected once India switch their domestic usage from Malaysia to Indonesian suppliers. No thanks to the Kashmir issue

Bandar Malaysia and LKH counters hit by hiccups over the related 2 billion bond issue. MOF has asked LKH to resolve this 2 billion bond

Khazanah now seems to be more pro active in the price picks and more trading activities. Expect more trading activities on their stock investment. Some picks are for capital gains other for short term trading