Thiss is what Tun M said to the world then:

Malaysia is multi-ethnic, multireligious, multicultural and multilingual. We will accord space and time for all to deliberate and to decide freely based on democracy.

7. A new Malaysia emerged after the 14th General Election in May this year. Malaysians decided to change their government, which had been in power for 61 years, i.e., since independence. We did this because the immediate past Government indulged in the politics of hatred, of racial and religious bigotry, as well as widespread corruption. The process of change was achieved democratically, without violence or loss of lives.

8. Malaysians want a new Malaysia that upholds the principles of fairness, good governance, integrity and the rule of law. They want a Malaysia that is a friend to all and enemy of none. A Malaysia that remains neutral and non-aligned. A Malaysia that detests and abhors wars and violence. They also want a Malaysia that will speak its mind on what is right and wrong, without fear or favour. A new Malaysia that believes in co-operation based on mutual respect, for mutual gain. The new Malaysia that offers a partnership based on our philosophy of ‘prosper-thy-neighbour’. We believe in the goodness of cooperation, that a prosperous and stable neighbour would contribute to our own prosperity and stability.

9. The new Malaysia will firmly espouse the principles promoted by the UN in our international engagements. These include the principles of truth, human rights, the rule of law, justice, fairness, responsibility and accountability, as well as sustainability. It is within this context that the new government of Malaysia has pledged to ratify all remaining core UN instruments related to the protection of human rights. It will not be easy for us because Malaysia is multi-ethnic, multireligious, multicultural and multilingual. We will accord space and time for all to deliberate and to decide freely based on democracy.

In Q3 and Q4, is Atlantic hurricane season if any refineries in US damage by hurricane the crack spread will spike up

I sold all my Bplant and bought Petronm at about RM 4.50 for 25 cent dividend and knowing Petronm will do well in Q1 and Q2 wherease Bplant based on monthly production and CPO price will do poorly in Q1 and Q2 if without gain from land disposal.

28/04/2021 Bplant 2,500.00
30/06/2021 Bplant 300.00
30/09/2021 Bplant 8,050.00
30/12/2021 Bplant 8,050.00

22-03-22 Bplant 23,200.00
24-06-22 Bplant 46,866.00
27-09-22 Bplant 16,912.50
22-12-22 Bplant 6,600.00

22-03-23 Bplant 16,500.00

Just for the record the dividend earned from Bplant for the last 3 years as above and my trading gain:
Sold: RM 1,182,039.67
Bought: RM 1,119,118.55
Trading Gain: RM 62,921.12

Stay with high quality growth companies. You will remain fine for the long term. Only sell when its fundamentals deteriorated beyond rescue.

The questions that beg to be answered: is Dlady still a growth companies? Did DLady fundamentals have deteriorated and now cannot compete with old peers and new comers?

It is George Soro fault.

Someone do not know currency trading is few hundred time bigger than the actual international physical good trade (currency exhange) needed.

“Happiness and freedom begin with a clear understanding of one principle: Some things are within our control, and some things are not.”

i3ivestor forum comment, house rule (not under my control, so live with it) but you can choose to totally ignore those good for nothing cyber trolls.

In life you are going to come across many type of people so choose who are to be your friends and who to avoid/ignore because your future success will depend on this critical choice.

Pity someone dare not use his real name but cowardly hide under his many ID name to spread lies and disinformation in i3.

GUH Holdings Bhd said its subsidiary has reached an out-of-court settlement with a unit of JAKS Resources Bhd and a construction firm, over its payment claim for work undertaken as a sub-contractor. GUH’s subsidiary Teknoserv Engineering Sdn Bhd had sued JAKS Sdn Bhd and KACC Construction Sdn Bhd (JAKS-KACC JV) following the termination of the sub-contract to construct a new network pumping station and demolition of existing sewerage treatment plants at Jinjang-Kepong, Kuala Lumpur. GUH said Teknoserv and JAKS-KACC JV have now agreed to settle amicably, all claims and disputes. Under the settlement, JAKS-KACC JV is to pay Teknoserv RM9.07 million via seven instalments.

i3lurker actually mean jump off from Penang Bridge to cross over to another dimension.

So my question: If someone told you to jump off a bridge, would you do it?

And please also viral my below blog.

https://klse.i3investor.com/blogs/Sslee_blog/2023-06-24-story-h-247496497-Bumi_Armada_Follow_up_on_my_complaint.jsp

User ID: Sslee
Name: Lee Soon Sheng
Malaysian
Please go ahead and viraled:
Sslee Aviation business run on trust. You trust the aircraft is well maintained and the pilot well trained.

What happen to Indonesia AirAsia Flight 8501

https://en.m.wikipedia.org/wiki/Indonesia_AirAsia_Flight_8501#:~:text=Indonesia%20AirAsia%20Flight%208501%20was,all%20162%20people%20on%20board


The_JQuestion sslee so funny go quote indonesian crash he is jocelyn chia of klse i3 ..... lucky he use fake identity if not he will be viraled !! what a joke are u related to the PRC sslee?
03/07/2023 10:07 PM

What I mean time your selling is sell at near the peak when the share price rise is running ahead and beyond the fundamental (overpriced). And buy back when the share price is oversold.

I agree with 3iii invest only on those companies that are well managed and give yerly dividend but you must also monitor the external and internal factors that will cause the company doing extremely well or extremly poor and time your selling.

Pity someone do not know what does it mean or different between?
Impairment loss on trade and other receivables and
Impairment loss on non current assets

Thanks 3iii for the summary on Glove Stock.

So that is what happen if you buy and keep your stocks in a safe for 13 years without monitoring the external and internal conditions that will cause the demand and supply imbalance.

Imagine if you have sold Harta, Topglove, Kossan and Supermax near their peak price, what will be your rate of return?

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > Jul 2, 2023 4:36 PM | Report Abuse

Glove counters

Harta
2010 RM 0.61
2023 RM 1.89
Dividends156.28 sen
R = (1.89 - 0.61 + 1.5628) / 0.61
= (1.28 + 1.56) / 0.61
= 2.84 / 0.61
= 4.66x = 466%

Topglove
2010 RM 0.51
2023 RM 0.81
Dividends 97,88 sen
R = (0.81 - 0.51 + 0.9788) / 0.51
= (0.3+ 0.98) / 0.51
= 1.28 / 0.51
= 2.51x = 251%

Kossan
2010 RM 0.44
2023 RM 1.29
Dividends 84.2 sen
R = (1.29 - 0.44 + 0.842) / 0.44
= (0.85 + 0.842) / 0.44
= 1.69 / 0.44
= 3.84x = 384%


Supermax
2010 RM 0.60
2023 RM 0.80
Dividends 50.41 sen
R = (0.80 - 0.60 + 0.5041) / 0.60
= (0.20 + 0.5041) / 0.60
= 0.704 / 0.60
= 1.17x = 117%

Yes,
credit term 90 days for JHDP is normal what is unnormal are trade receivables and other receivables in JAKS Balance Sheet which needed yearly impairment loss in trade and other receivables.

The problem with democracy election is winner take all. With multi candidiates that winner not even won 50%.

But that winner will then use the democratic election as an legal argument that he represent the whole constituents and has the right to set policy that only benefit his supporters at the expenses of others.

Who to blame?

Post removed.Why?

I actually pity the Philipino, highly qualified cannot find jobs in Philippine, need to work oversea and their life ambition is to become US citizen.

Just for your information, I shift to Indonesia and work as expatriate earning in USD and my company pay it employees must better than what local Malaysia company pay to it local employees.

i3lurker really, no one said Pchem is better? Then how come someone dare to sold all his inlaw PBB and all in Pchem?

I would like to see in a near future, a PM from our East Malaysia.

By the way only those stand up be counted for the common greater good for all will received threats so I take it as a badge of honour.

Post removed.Why?

Insas
2010 RM 0.50
2023 RM 0.81
R = (0.81 - 0.50 + Dividends) / 0.50
= (0.31 + 0.133) / 0.50
= 0.443 / 0.50
= 0.88x

PChem
2010 RM 5.50
2023 RM 6.00
R = (6.00 - 5.50 + Dividends) / 5.50
= (0.50 + 3.00 ) / 5.50
= 3.50 / 5.50
= 0.64x

Thanks 3iii
You make my day.
My Insas is actually better than Philip' Pchem

It is normal,
I also received threats from:

Without Prejudice

Please be on notice that the Company will not hesitate to take all necessary actions to protect our integrity and the interest of all stakeholders, including all other shareholders at large.

Our rights are reserved.

it was GPS in the centre of controversy for all hell would break loose if it had been DAP”

Any reason why anyone should answer what your thoughts on monday?

Go ask AI Chat GTP what AI thought what will happen to CapitalA on coming Monday.

Each barrel of crude oil is refine breakdown into 3 major component product, with largest component is diesel, second is RON gasoline and lastly refine jet fuel

1. Gasoil/diesel crack spread chart (historical highest level range)
https://www.tradingview.com/symbols/NYMEX-GOC1%21/

2. Gasoline/petrol RON 92 crack spread spread chart (normalize level range)
https://www.tradingview.com/symbols/NYMEX-D1N1%21/

3. Kerosene/ jet fuel crack spread (at historical highest range level)
https://www.tradingview.com/symbols/NYMEX-ASD2!/

Crack spread is the price different between the finish refine products and the refetence crude oil price

As an Engineer I had contributed my part in building and running successful chemical plants that provide employment to Malaysians and others, earning foreign currency for the nation, contribute to nation economic growth and tax revenue. As a Chinese Malaysians I am proud of my parents culture and thankful to my SJK(C) Keat Hwa (H) for imparting Chinese cultural moral values to me and in return I had contributed in imparting these moral values of “礼,义, 廉, 恥” to many of my staffs.

As Malaysian citizen I had done my patriotic duty to my country and family with dignity and pride, carried out my obligation/duty to vote in GE and help in kicking out the Kleptocratic and corrupt BN’s government in GE14.

If only we have more muslim leaders that can take on Pas Hadi, old senile ex PM Dr. M and Moo playing up the 3R then DSAI will not need to work so hard playing preception game and concentrate in running the country.

By the way it is the job of Stony, Top management and hired advisors to come out with the regularisation plan and not management of the company and the team that draft the regularisation plan.

This follows Capital A’s recent announcement that it is engaging RHB Investment Bank Bhd, BDO Consulting Sdn Bhd, Deloitte Corporate Advisory Services Sdn Bhd, Ernst & Young PLT, Adnan Sundra & Low, and Providence Strategic Partners to advise on its regularisation plan

It will be a long process of recovery that take many years and not months.

And further more will CapitalA need a debts restructure, capital reduction and share consolidation like AAX in order to start with a better/reboot Balance Sheet that one question only Stony can answer and those holding CapitalA should had ask Stony during the recent AGM.

A quote from Ralph Waldo Emerson: “To leave the world a bit better, whether by a healthy child, a garden patch, or a redeemed social condition; to know that even one life has breathed easier because you have lived — that is to have succeeded.”

My comment is a fair comment based on facts and figures available from the financial report.

How about your? Based on what? That PN17 is just an accounting issue? The lease and maintanance liabilities is not real and can be write off with a stroke of pen and CapitalA will exist PN17 by year end?

So me or Stony doesn't know the rules of submission of the pN17 regularisation plan?

From Stony own word:
The PN17 regularisation plan:
1.The Group expects to announce the finalised regularisation plan to Bursa Malaysia Securities in January 2023 and followed by submission for approval targeted in February 2023.

2.We have a robust plan in place and aim to have a full submission of the regularisation plan in April 2023 after finalising the audit and valuation of entities involved.

3. The revised timeline involves full submission in July 2023, with our execution plan commencing in quarter four upon obtaining all required approvals from Bursa Malaysia and relevant authorities.

4.On behalf of the Board of Directors of the Company, RHB Investment Bank Berhad wishes to announce that the Company had on 30 June 2023 submitted an application to Bursa Malaysia Securities Berhad (“Bursa Securities”) for an extension of time of an additional period of 3 months until 7 October 2023 for the Company to submit its regularisation plan to Bursa Securities.

By the way do I need to own CapitalA share to give my fair comment in capitalA forum?

Aviation business run on trust. You trust the aircraft is well maintained and the pilot well trained.

https://en.m.wikipedia.org/wiki/Indonesia_AirAsia_Flight_8501#:~:text=Indonesia%20AirAsia%20Flight%208501%20was,all%20162%20people%20on%20board.

The flight was normal until 06:00 when an electronic centralised aircraft monitor (ECAM) memo was displayed, along with a master caution light, to indicate a fault with the rudder limiter system. Captain Iriyanto read the actions for fixing this failure, and rebooted the aircraft's two Flight Augmentation Computers (FACs). The same fault recurred at 06:09, and the captain fixed it in the same way.[9](pp14–15)

At 06:11 the pilots turned fifteen degrees to the left to avoid inclement weather, and contacted Jakarta ATC to request a climb to FL 380 at 12,000 metres (38,000 ft) for the same reason. The controller could not give immediate permission for this due to other aircraft in the vicinity, and instructed them to wait.[9](p15)

While they were waiting for permission to climb, the rudder limiter problem occurred for a third time, and for the third time the captain reset the FAC computers. When the memo displayed for the fourth time, Captain Iriyanto decided to reset the FAC circuit breakers (CB). He had previously seen this action being performed by a ground engineer, and believed that it was acceptable to do so in flight.[7]

The FAC circuit breakers were reset at 06:16:45, with immediate consequences, as this action not only reset the FAC computers but also disconnected the autopilot and auto throttle, and the flight control law changed from Normal to Alternate. It allowed the aircraft to roll to the left, and by the time First Officer Plesel reacted to this it was banked at 54 degrees.[9](p16)

Plesel, possibly spatially disoriented due to the roll sensation, over-corrected twice: first by making a sharp right bank input and then a sharp left bank input. After that, at 06:17, Plesel made a nose-up input on his side-stick, causing the aircraft to enter a steep climb at a 24-degree nose-up pitch.[9](p118) In just 54 seconds, the aircraft climbed from 32,000 feet to 38,500 feet (11,700 m), exceeding a climb rate of 10,000 feet per minute (51 m/s).[9](p58) It then entered a stall, at around 06:17:40, descending at a rate of up to 20,000 feet per minute (100 m/s).[9](pp118-119) The aircraft also began a turn to the left, forming at least one complete circle before disappearing from radar at 06:18:44.[12][13][14][15][16] At 06:20:35 the flight data recorder stopped recording. The CVR stopped recording one second later, at 06:20:36.[9](p56) The aircraft crashed into the Java Sea and was destroyed. All 162 people on board were killed.[7][9](p17)

Post removed.Why?

So the PN17 regularisation plan from:
1.The Group expects to announce the finalised regularisation plan to Bursa Malaysia Securities in January 2023 and followed by submission for approval targeted in February 2023.
2.We have a robust plan in place and aim to have a full submission of the regularisation plan in April 2023 after finalising the audit and valuation of entities involved.
3. The revised timeline involves full submission in July 2023, with our execution plan commencing in quarter four upon obtaining all required approvals from Bursa Malaysia and relevant authorities.
4.On behalf of the Board of Directors of the Company, RHB Investment Bank Berhad wishes to announce that the Company had on 30 June 2023 submitted an application to Bursa Malaysia Securities Berhad (“Bursa Securities”) for an extension of time of an additional period of 3 months until 7 October 2023 for the Company to submit its regularisation plan to Bursa Securities.

CEO of Capital A, Tan Sri Tony Fernandes’ comments on the Group’s outlook:

On the Group’s Practice Note 17 (“PN17”) status, we have made the decision to revise the announcement date due to the requirements to incorporate the latest FY2022 audited figure into the plan. The process is essential to ensure that our financial results accurately reflect our performance and strategic direction. We appreciate the understanding and patience of all our stakeholders during this adjustment period. The revised timeline involves full submission in July 2023, with our execution plan commencing in quarter four upon obtaining all required approvals from Bursa Malaysia and relevant authorities.

On the Group’s Practice Note 17 (“PN17”) status, the Group has been granted a six month time extension from Bursa Malaysia Securities Berhad to submit a remedy plan. We have a robust plan in place and aim to have a full submission of the regularisation plan in April 2023 after finalising the audit and valuation of entities involved. Closing the year with this record profit, our post-Covid performance is a strong testament that the Group is making exceptional progress towards recovery and is well-positioned for further significant growth in 2023. I have full confidence that we will be able to emerge from the PN17 status stronger than ever, and we are highly committed to secure the necessary approvals including from Bursa Malaysia Securities within the required timeframe.

KUALA LUMPUR, 29 November 2022 - Capital A Berhad (formerly known as AirAsia Group Berhad) (“Capital A” or “Group”) has announced that it is seeking an extension of time from Bursa Malaysia Securities Berhad to submit a holistic regularisation plan to remedy its Practice Note 17 (“PN17”) status. The Group expects to announce the finalised regularisation plan to Bursa Malaysia Securities in January 2023 and followed by submission for approval targeted in February 2023.

This follows Capital A’s recent announcement that it is engaging RHB Investment Bank Bhd, BDO Consulting Sdn Bhd, Deloitte Corporate Advisory Services Sdn Bhd, Ernst & Young PLT, Adnan Sundra & Low, and Providence Strategic Partners to advise on its regularisation plan.

Now you know what I mean if Stony' word can be trusted, pigs might fly.

PRACTICE NOTE 17 / GUIDANCE NOTE 3 : OTHERS
CAPITAL A BERHAD

Type Announcement
Subject PRACTICE NOTE 17 / GUIDANCE NOTE 3
OTHERS
Description APPLICATION FOR EXTENSION OF TIME FOR SUBMISSION OF A PROPOSED REGULARISATION PLAN TO BURSA MALAYSIA SECURITIES BERHAD
Reference is made to the Company’s announcements dated 8 July 2020, 27 May 2021, 7 January 2022, 13 January 2022, 14 January 2022, 3 February 2022, 1 March 2022, 1 April 2022, 5 May 2022, 1 June 2022, 1 July 2022, 1 August 2022,1 September 2022, 3 October 2022, 1 November 2022, 4 November 2022, 29 November 2022, 1 December 2022 and 21 December 2022, 3 January 2023, 2 February 2023, 27 February 2023, 1 March 2023, 4 April 2023, 2 May 2023, 1 June 2023 and 15 June 2023 (“Announcements”).

On behalf of the Board of Directors of the Company, RHB Investment Bank Berhad wishes to announce that the Company had on 30 June 2023 submitted an application to Bursa Malaysia Securities Berhad (“Bursa Securities”) for an extension of time of an additional period of 3 months until 7 October 2023 for the Company to submit its regularisation plan to Bursa Securities.

This Announcement is dated 30 June 2023.

Sanusi is playing the Malay sentiment and he is right that our constitution is man made and can be amended.

Vietnam Electricity (full name: Vietnam Electricity Group, abbreviated name: EVN, Vietnamese: Tập đoàn Điện lực Việt Nam) is the largest power company in Vietnam. Vietnam Electricity (EVN) was established by the government of Vietnam as a state-owned company in 1994, and has operated officially as a one-member limited liability company since 2010.

2022 2021
RM RM
Revenue 2,553,073,558 3,011,637,528
Other current assets 760,743,244 650,115,103
Other current liabilities (740,728,872) (1,380,386,041)

So other current assets is mostly trade receivables
Other current liabilities are trade and other payable.

From revenue and trade receivables you should able to work out how many months it take for EVN to pay JHDP.

Current lease liabilities: RM 4,425,518,000
Current aircrafts maintenance: RM 441,089,000
Current trade and other payables: RM 2,936,242,000
Current amount due to associates: RM 359,096,000
Current amount due to related parties: RM 275,443,000
Current borrowing: RM 513,640,000
Sales in advances: RM 1,546,450,000

So in 12 months time if you do not pay these IOU amt to lessors/trade, maintenance and sevices suppliers/bankers/ associate companies/related parties and provide the promised flight services to sales in advance customers then what will happen?

Then why in 2022 financial report on JV JPP Group?
2022 2021
RM RM
Non-current financial liabilities (excluding trade and other payables
and provisions) (4,401,923,432) (4,720,926,257)

So you just take management words as fact without checking the real figure in the financial account?

When everything is subsidized ( fuel, electricity, water, sugar, egg, chicken, cooking oil, healthcare etc) then how to implement GST?

https://www.xe.com/currencyconverter/convert/?Amount=1&From=USD&To=MYR

1 USD = 4.67147 MYR
Jun 29, 2023, 04:16 UTC

What will happen to CapitalA borrowing, lease and aircrafts maintenance in USD?

Coming quarter end 30th June 2023 what will be realized and unrealized foreign currency losses? How many RM hundreds million?