https://tradingeconomics.com/commodity/steel
Steel rebar futures fell to CNY 3,400 per tonne in June, the lowest in two months, and tracking the poor momentum for ferrous metals amid increasing pessimism over demand in top consumer China. Dexin was ordered to liquidate one year after its restructuring plan was approved, underscoring the lingering distress that property developers face despite a series of support measures by Beijing, and dimming confidence for other larger debt-ridden players. The developments added to the poor outlook for Chinese construction, a major source of steel purchasing, after private data showed that home sales from China’s 100 largest real estate companies sank 34% annually in May after a 45% plunge in April. The excessive inventory in Chinese housing drove the market to show skepticism over the impact of the government’s house-buying program, as the CNY 300 billion allocated for home buying by the PBoC is a small fraction of inventory estimated to balance out oversupply.

Mike-tikus go and learn how people promote DFX.
Your TA and VWAP style already out of date.

No further buying from Tony?

Yinson should not do SBB to support price.
Yinson should let the price drop further so that others can collect cheaply.

Mike-tikus if today do not has huge volume what will be today closing price?

Still got about 2 billion outstanding RCPS. When fully converted addition about 400 million KPPROP listing. What will be the PE then?

By the way next quarter earning will drop due to most of the properties development is at the tail-end with new launch two projects (GDV) of RM395 million this year.

KUALA LUMPUR (May 28): Kerjaya Prospek Property Bhd (KL:KPPROP) plans to launch two new residential projects in the Klang Valley with a combined gross development value (GDV) of RM395 million this year.

The first project located in Sentul comprises 587 units of serviced apartments in a 52-storey block, while the second one in Shah Alam features 479 units of serviced apartments and 14 retail units in a 39-storey block.

The two projects will provide earnings visibility of up to four years, group executive chairman Datin Toh Siew Chuon said at Kerjaya Prospek Property's financial results briefing on Tuesday.

Toh expects the group's net profit margin to drop for the current financial year ending March 31, 2025 (FY2025) compared with FY2024, before rebounding in FY2026 and beyond. This, she said, was because sales recognition would only come in after the new properties are launched by the end of this year.

Calvintaneng see wind follow wind and now promoting DC related stocks.
Mike-tikus still using the old calvintaneng' method to promote Priva as the next Netx.

Aiyoyo, what will happen when Priva become another calvintaneng' Netx?
Then can we label Mike-tikus as conman?

Yes, Thong has latest untill Feb 2026 to make his move, that is why I am waiting to collect if Insas fall below RM 1.00 and reluctant to sell my remaining Insas.

I have RHB and one time CIMB too. Good dividend stocks.

I have a few stocks that gave me good dividend and my own rule is never put more than 50% in any one stock.
I do trade some hot stocks for my free bintang beer and lobster.

Insas current NAPS is RM 3.63 and with over billion in cash and bank FD. So next peak will be higher than the last peak.

Anyhow I already move most of my Insas to jayatiasa. Jayatiasa should break it 52 weeks high of RM1.53 by year end if CPO price can maintain above RM 3900 then the next 2 quarter result will be very good

Insas 52 weeks high is RM 1.35 so each peak is higher than the last peak. Will history repeat again?

Some day that smartest person will be proven right as Thong cannot press down a deeply undervalued stock for far too long.

https://klse.i3investor.com/blogs/Sslee_blog/2024-05-09-story-h-181840138-Questions_for_upcoming_Capital_A_Berhad_AGM_on_13_Jun_2024.jsp

My questions above link

Will wait for the AGM minutes for follow up clarification questions.

The webpage at https://vimeo.com/event/4376865/embed/interaction might be temporarily down or it may have moved permanently to a new web address.

I try to do some resetting and the final message:
Internetbaik.telkomsel.com refused to connect

I managed to submit one more question on CAPI and submitted the voting but cannot follow the live streaming

Thong must be reading this forum comments and last minute push down the price to 1.14

Did Tony, External Auditor and Company Secretary answer all my send in advance AGM questions?

What are the main take away from Tony?

No worries if inari keep going up then most likely big and small sharks will smell the blood in the water and come for a big feast pesta

Thong' trump card is most likely he, his PAC and his friendly parties are holding enough WC and thus even shareholders reject the MGO by just converting their Insas-WC, Thong and PAC should able to obtain the 50%.

When Thong do cross over 33% and offer a MGO he hadsto make sure by hook or by crook at the end of MGO he can increase his holding to 50% even his offer MGO is rejected by shareholders

Thong is holding his cards close to his chest as of his timing when he preapre to cross over 33% and offer a MGO

Thong and PAC now officially owned 32.96% insas any buying from open market or SBB that cross over 33% will required Thong to offer MGO for insas shares he and PAC do not owned

Last Price 0.17
Today's Change -0.01 (5.56%)
Day's Change 0.17 - 0.18
Trading Volume 29,387,500

First half score look very poor. Will second half do much better with top striker Mike-tikus in play to push up to 19 and 24.5?

Omesti failed because of wrong bet on Huawei 5G.

Thong control M&A securities.
You just need to see how many buy and sell of Insas share done by M&A securities

Anyone watching CapA AGM livestreaming?

https://klse.i3investor.com/blogs/future_tech/2024-06-12-story-h-159670581-Payoff_from_AI_projects_is_dismal_biz_leaders_complain.jsp

Many will end up as white elephant.

Insas price up or down depend on Thong the master poker player allows it to go up or down.

ALP will continues signing many more MOU to justify his multimillion LTIP free shares grant.

JAKS RESOURCES BERHAD MAIN : Construction
Last Price Today's Change Day's Range Trading Volume
0.18 -0.01 (5.26%) 0.17 - 0.195 154,572,100

Still drop 1 sen. Tomorrow how????

Need a bulldozer to clear the roadblock set by Thong.

Tomorrow capA AGM. Remember to attend and see for yourself what Stony has to say about capA.

CapA is using advance sales for their working capital and can't even pay fully the current leases liabilities to planes lessors.

To imply capA a PN17 company doing a 10% SBB is too far-fetched to hope for

Mike-tikus can't do math and do not know 14% Inari is worth how much?

You better go back to promote your jaks and priva, cashless companies with more PP or RI coming.

All the cash rich companies up more than 100% but not Insas because Thong is blocking the price as he is timing his move when to increase his and PAC holding from 32.96% to 50% at the lowest cost to him.

Now you know what TheContrarian trying to say about Thong:
Posted by TheContrarian > 2 days ago | Report Abuse

Thong indeed is a master poker player, three rounds of RPS with free warrants and each subsequent round more beneficial to him, increasing the warrants issue size l, thus his own entitlement also increased accordingly AND lowering the warrant exercise price, making his final execution even cheaper and all the past 15 years successful depressed Insas market price. He is holding a royal straight flush now

It only tell you, you can see the money (billions) but you cannot have the money unless you make a takeover of Insas.

I am still waiting to sell some of my remaining Insas at TP 1.50
Will my wish come true?

No worries Mike -tikus will buy from 19 to 24.5

Vitrox benefit from AI supply ecosystem.
Will Inari benefited from vitrox AI mechine inspection?
Will insas benefit from Inari share price increase?

Financial end 31/12/2023
RM
Deposits placed with licensed banks 22,221,624
Cash and bank balances 41,803,068

Dividend received from joint venture 27,386,409
Interest expense 27,632,757

The maturity of bank borrowings is as follows: -
Within one year 74,111,378
Later than one year and not later than two years 41,754,154
Later than two years and not later than five years 261,874,177
Later than five years 115,696,768
Total 493,436,477

Do the math:
Will Jaks going to face cash flow problems?
Where Jaks going to get finance to participate in any new project?
Are more PP or RI coming?

So still in deny mode:
Privasia : being awarded a Gov Project RM 1.2 Billion on 2022 just before GE15 ...re announced on October 2023 ...

Mikecyc Haha thats why is interesting TA comparison between Jaks n Privasia ... both had a breakout on Friday .

Privasia : being awarded a Gov Project RM 1.2 Billion on 2022 just before GE15 ...re announced on October 2023 ...
09/06/2024 11:44 PM

Just a simple answer will do.
Do you Mike-tikus is so desperate and changing the news date from original 11 OCT 2022 to 11 OCT 2023. A despicable conman and liar indeed?

But at least calvintaneng is smart and know how to blow water with the wind and now is promoting stock that he think related to AI DC boom.

On the other hand Mike-tikus is an unscrupulous, despicable conman and a habitual compulsive liar who believe his lie is the truth.

Mike-tikus caught with his pant down changing the date from original 11 Oct 2022 to below as 11 Oct 2023.

Posted by Mikecyc > Jun 10, 2024 8:49 AM | Report Abuse
Kementerian Komunikasi
https://www.kkd.gov.my › news
Privasia's RM50.3mil Order Book Skyrockets After Bagging RM1.2bil MCMC jobs
11 Oct 2023 — "This project is expected to strengthen Privasia's existing order book, which currently stands at RM50.3 million (excluding this contract)," it ...
—-
Posted by Sslee > 24 minutes ago | Report Abuse
So Mike-tikus cannot show the link and talk cock again what a conman indeed.


Posted by Sslee > Jun 10, 2024 9:08 AM | Report Abuse X

Privasia's RM50.3mil order book skyrockets after bagging RM1.2bil ...
11 Oct 2022 — "This project is expected to strengthen Privasia's existing order book, which currently stands at RM50.3 million (excluding this contract)," it

https://www.nst.com.my/amp/business/2022/10/839667/privasias-rm503mil-...

Mike-tikus is so desperate and changing the date 11 OCT 2022 to 11 OCT 2023. A despicable conman indeed

Mike-tikus is trying to be the new calvintaneng of Netx.
Netx everytime RI and priva PP

Search:
Ann. Date
Date
Type
Units
Price
27-May-2024 28-May-2024 Private Placement 6,140,202 0.085
10-May-2024 13-May-2024 Private Placement 12,280,400 0.088
02-May-2024 03-May-2024 Private Placement 18,420,600 0.093
17-Apr-2024 18-Apr-2024 Private Placement 24,560,800 0.090
01-Dec-2020 02-Dec-2020 Private Placement 27,910,000 0.121
26-Nov-2020 27-Nov-2020 Private Placement 27,910,000 0.123