leno---In Malaysia there is something called selective prosecution or immunity for certain priviledged group. So there is no issue of tangkap at all. Jangan mimipi as it's still not sunset yet. I'm more interested to know whether it's newly converted bumi con original bumis especially PNB etc. This is very similar to the founders of Kencana Petroleum Bhd cashed out of Sapura Energy Bhd 7 years ago with those scrap papers picked out by PNB etc. These scrap papers were picked up at MYR 4.30 It's at 0.10 now. Interesting?

It would take less than 4 months for SpaceX to design a new rocket. However it would take more than 4 months to do a SIR on SD. Why? You would have an answer without thinking.

8dragon-------Could you figure out the giant Msian EPCC companies that could carry out successfully a USD 1.8 billion contract? If you think that SD is capable then I would respect your view. It isn't preparing a PPT presentation or design drawings using the most sophisticated CAD software. It is turning drawings into solid visible viable buildings etc. Admit your decision is flawed and then get out of this mess by divesting. I used to trade in SD & KP previously but hold no position in any of these 3 counters now. I used to tell my friends the only consistently performing bumi company in KLSE is SD. Even SOE or GLC etc failed to perform consistently as to perform consistently isn't the corporate culture of these companies in the first place. These companies have other objectives similar to that of 1MDB.

If GST is reintroduced then the incumbent ruling alliance would be toppled in the next GE as the majority of those not paying income tax are reluctant to pay any form of visible taxes.

In fact, most likely Eastern Steel Sdn Bhd will export Steel to China where steel prices are much higher than in Malaysia to make more profit.

I quote part of the rubbish article. CCP would not allow the import of normal steel especially when almost all the gigantic steel enterprises are subsidized state owned. It only permits the import of high quality steel that it could not produce from other more advanced economies such as Sweden Japan Germany etc..

Selective decision making. Uniquely Malaysia?

If this isn't insider trading then what is insider trading trading? I hold no position in Serba Dinamik Holdings Bhd now. It could be his ACQUIRED bumi status it isn't an issue.

Exit@0.46 wait for retracement. TQ

Is Roti Paratha is a significant volume products in value then I think Kawan is facing a formidable competitor "One Not Enough". It could be the beginning of its decline.

I traded a few times on this counter. Once in KPower. I used to tell my friends that SD is the only performing bumi concern in KLSE.

shaunjohn------Is the MD a Sarawakian convert?

https://www.e-serbadk.com/serba-dinamik-wins-us1-78bil-contract-in-uae/

Is this the biggest contract ever secured by a Malaysian company overseas? Did it announce when is the completion date? Is this part of the questionable invoices? It is more than 12 months since the commencement date so let us guess the invoiced amount.

Is it a buy now?

Is it a buy now?

KPH5328 Isn't this a lame excuse? Or is the forthcoming QR below expectation?

To punish the inefficient management, push the price to below ESOS price.

A shareholder in FGV told The Malaysian Reserve (TMR) that he wants a higher price for the shares he owns in the company. “That’s the only way Felda can attract minority shareholders. I think RM1.80 should be the right price,” he said.

Last Friday, five of FGV’s non-interested directors advised shareholders to reject Felda’s offer as they believed the offer price undervalued the company.

The directors’ stance is opposed to independent advisor RHB Investment Bank Bhd’s recommendation, which in its report, advised shareholders to accept the offer as it was reasonable but not fair.

If Foxconn is to take over Silterra 100%, losses to Khazanah would be the least. In business, only the most competitive would thrive well and survive. Nothing to do with race please. Foxconn could be a formidable competitor to anyone in the industry including TSMC as it has within its pocket Sharp Corp, a company having cutting edge technology not only in LCD displays but also in semiconductor design & manufacturing. Terry Guo is not an ordinary entrepreneur. Even the Japanese also has to let go Sharp Corp and sold it to him for the survival of a near 100 year old company. For DNex to take over it is another Alibaba in the making. However this Baba is a non Malaysian just like Proton.

8dragon------Is the PP priced at 1.52? The placee would support at least at this level. Do you think so? Or the placee would be happy to sapu one round first before the actual placement (when is the placement date?).

Rubbish pump & dump counter that is pro CCP. It can only reap benefits in CCP regime.

It is a buy now. Need to study entry price if there is correction on Monday as I missed the entry at 5.92 last week.

DuitGeli2------No valid reason. If the smart money wants it down it's down. As simple as that. Those who lost money on JCY please don't complain. If you think it's a bad practice to issue ESOS at RM0.25 then bring its price below to teach the so-called incompetent management who are getting their new shares at RM0.25 each. That simple. Isn't it? I hold no shares in JCY now after three trades recently. Waiting for buy signal to appear. It isn't easy to make money out of stock market as it isn't easy to beat the smart money. However, I was lucky to make some gains in these trades solely based on TA using tradingview.

If you think the management doesn't deserve the ESOS@0.25 then bring down the price to below 0.25 to punish the management.

Those that would benefit from PP? These are the ones that would like to have a lelong price for PP. This is the "real" market.

The rightful place for all vaccine plays is the rubbish dump. No other better place. Does Spore Exchange have this type of garbage?

Why all the vaccine plays don't get supply/reliable technology from non CCP sources. All these stock plays are rubbish. Good luck to those that got through leaving the rest of the sochais licking their wounds soon.

Why all the vaccine plays don't get supply/reliable technology from non CCP sources. All these stock plays are rubbish. Good luck to those that got through leaving the rest of the sochais licking their wounds soon.

Why all the vaccine plays don't get supply/reliable technology from non CCP sources. All these stock plays are rubbish. Good luck to those that got through leaving the rest of the sochais licking their wounds soon.

Why all the vaccine plays don't get supply/reliable technology from non CCP sources. All these stock plays are rubbish. Good luck to those that got through leaving the rest of the sochais licking their wounds soon.

Why all the vaccine plays don't get supply/reliable technology from non CCP sources. All these stock plays are rubbish. Good luck to those that got through leaving the rest of the sochais licking their wounds soon.

between yong tai and inix, which one better?

Both are rubbish.

Malaysia to muscle in on cable maintenance in its waters
SUBMARINE cable installation and maintenance is an extremely niche industry but several Malaysian companies have craved out a place for themselves.

They include Optic Marine Group and iFACTORS Sdn Bhd.

The larger brother here is Optic Marine, which has four cable ships and two barges capable of working all over the world to lay both power and data cables.

iFACTORS is backed by shareholders with previous experience in the optical fibre submarine cable industry, and has evolved from a telecommunication system integrator to a company providing niche solution in the provision of maintenance and implementation of submarine cable network.

Founded by Datuk Lim Soon Foo in the 1980s, Optic Marine is now fully capable of providing a complete range of services for the submarine cable industry, ranging from installation to scheduled maintenance to emergency repairs.

In an interview, Optic Marine said it has systematically built its assets and expertise over the years with the aim of carving out a larger slice of the pie.

However, it is also of the opinion that the whole of Malaysia must also pull its weight to create what it called a thriving ecosystem of the submarine cable industry.

“For example, in the Phillippines, which practices cabotage, the permit approval times are very short,” said Ronnie Lim, group chief executive officer for the Optic Marine Group.

“In places like Japan, South Korea and other developed countries, cabotage still exists, yet the entire difference is due to the existence of an ecosystem such as cable storage facilities.

“Here, we still have to sail elsewhere to pick up our cable supply before we can carry on with our work,” said Ronnie, who added that his company would like to invest in a cable depot here in order to improve response time and security.

Optic Marine plans to cut down its response time for cable repairs in Malaysian waters by procuring a ship that will be registered in the country.

“With the appropriate ecosystem, response time and costs can be brought down significantly as we support the region as well as the country,” said Ronnie, whose company owns four cable ships and two barges. Its first Malaysian-flagged barge was bought in 2015.

“We invested heavily for our planned growth that began from zero. It took us many years to grow to this stage,” he said, adding that if Malaysia could not rise up to the challenge, then its cable maintenance industry may end up being dominated by “countries wiling to put in the work to create the ecosystem”.

Citing data from the International Cable Protection Committee up to 2018, Optic Marine said many countries were able to create competitive cable maintenance companies within their respective cabotage regimes.

“You can see that the response time (for permitting) in Japan, the Philippines and South Korea are not impacted at all. On our part, we support the optimisation of the domestic shipping licence application process for both Malaysian and foreign players as we believe it will stimulate more competition and spur efficiency.

“This will provide the push for the creation of that ecosystem so that Malaysia can be a hub of the region. You cannot be a hub without having an ecosystem,” said Ronnie.

“If you are not cost-effective, they (telcos) will not take you,” he added.

Currently, Malaysian companies have to compete with Singapore’s Asean Cableship (ACPL), a joint venture of six Asean telecommunications companies incorporated in 1986, and is now one of the strong contenders for repairs and maintenance jobs in South-East Asia and the Indian Ocean. The other players competing in this space are SBSS China, Korean Telecom Submarine, Global Marine Systems, KCS Japan and NTTWEM Japan, with vessels flagged according to the jurisdiction of operation areas.

Yong Fah Choong, project director for the submarine division of Jati Tinggi Holding Sdn Bhd, an infrastructure construction company, said the factors that matter to cable and infrastructure owners lies in the responsiveness of the service provider, on the back of reasonable cost.

“Cable owners want the job to be done quickly and at a fair price,” said Yong, whose company has undertaken turnkey projects for many telcos as well as Tenaga Nasional Bhd as both main and sub-contractors.

“Malaysian cable contractors are on par with foreign crew in terms of competency or vessels when it comes to equipment. Ultimately, it will be all down to speed of delivery and cost when it comes to considering who will get the job.”

Malaysia to muscle in on cable maintenance in its waters
SUBMARINE cable installation and maintenance is an extremely niche industry but several Malaysian companies have craved out a place for themselves.

They include Optic Marine Group and iFACTORS Sdn Bhd.

The larger brother here is Optic Marine, which has four cable ships and two barges capable of working all over the world to lay both power and data cables.

iFACTORS is backed by shareholders with previous experience in the optical fibre submarine cable industry, and has evolved from a telecommunication system integrator to a company providing niche solution in the provision of maintenance and implementation of submarine cable network.

Founded by Datuk Lim Soon Foo in the 1980s, Optic Marine is now fully capable of providing a complete range of services for the submarine cable industry, ranging from installation to scheduled maintenance to emergency repairs.

In an interview, Optic Marine said it has systematically built its assets and expertise over the years with the aim of carving out a larger slice of the pie.

However, it is also of the opinion that the whole of Malaysia must also pull its weight to create what it called a thriving ecosystem of the submarine cable industry.

“For example, in the Phillippines, which practices cabotage, the permit approval times are very short,” said Ronnie Lim, group chief executive officer for the Optic Marine Group.

“In places like Japan, South Korea and other developed countries, cabotage still exists, yet the entire difference is due to the existence of an ecosystem such as cable storage facilities.

“Here, we still have to sail elsewhere to pick up our cable supply before we can carry on with our work,” said Ronnie, who added that his company would like to invest in a cable depot here in order to improve response time and security.

Optic Marine plans to cut down its response time for cable repairs in Malaysian waters by procuring a ship that will be registered in the country.

“With the appropriate ecosystem, response time and costs can be brought down significantly as we support the region as well as the country,” said Ronnie, whose company owns four cable ships and two barges. Its first Malaysian-flagged barge was bought in 2015.

“We invested heavily for our planned growth that began from zero. It took us many years to grow to this stage,” he said, adding that if Malaysia could not rise up to the challenge, then its cable maintenance industry may end up being dominated by “countries wiling to put in the work to create the ecosystem”.

Citing data from the International Cable Protection Committee up to 2018, Optic Marine said many countries were able to create competitive cable maintenance companies within their respective cabotage regimes.

“You can see that the response time (for permitting) in Japan, the Philippines and South Korea are not impacted at all. On our part, we support the optimisation of the domestic shipping licence application process for both Malaysian and foreign players as we believe it will stimulate more competition and spur efficiency.

“This will provide the push for the creation of that ecosystem so that Malaysia can be a hub of the region. You cannot be a hub without having an ecosystem,” said Ronnie.

“If you are not cost-effective, they (telcos) will not take you,” he added.

Currently, Malaysian companies have to compete with Singapore’s Asean Cableship (ACPL), a joint venture of six Asean telecommunications companies incorporated in 1986, and is now one of the strong contenders for repairs and maintenance jobs in South-East Asia and the Indian Ocean. The other players competing in this space are SBSS China, Korean Telecom Submarine, Global Marine Systems, KCS Japan and NTTWEM Japan, with vessels flagged according to the jurisdiction of operation areas.

Yong Fah Choong, project director for the submarine division of Jati Tinggi Holding Sdn Bhd, an infrastructure construction company, said the factors that matter to cable and infrastructure owners lies in the responsiveness of the service provider, on the back of reasonable cost.

“Cable owners want the job to be done quickly and at a fair price,” said Yong, whose company has undertaken turnkey projects for many telcos as well as Tenaga Nasional Bhd as both main and sub-contractors.

“Malaysian cable contractors are on par with foreign crew in terms of competency or vessels when it comes to equipment. Ultimately, it will be all down to speed of delivery and cost when it comes to considering who will get the job.”

Malaysia to muscle in on cable maintenance in its waters
SUBMARINE cable installation and maintenance is an extremely niche industry but several Malaysian companies have craved out a place for themselves.

They include Optic Marine Group and iFACTORS Sdn Bhd.

The larger brother here is Optic Marine, which has four cable ships and two barges capable of working all over the world to lay both power and data cables.

iFACTORS is backed by shareholders with previous experience in the optical fibre submarine cable industry, and has evolved from a telecommunication system integrator to a company providing niche solution in the provision of maintenance and implementation of submarine cable network.

Founded by Datuk Lim Soon Foo in the 1980s, Optic Marine is now fully capable of providing a complete range of services for the submarine cable industry, ranging from installation to scheduled maintenance to emergency repairs.

In an interview, Optic Marine said it has systematically built its assets and expertise over the years with the aim of carving out a larger slice of the pie.

However, it is also of the opinion that the whole of Malaysia must also pull its weight to create what it called a thriving ecosystem of the submarine cable industry.

“For example, in the Phillippines, which practices cabotage, the permit approval times are very short,” said Ronnie Lim, group chief executive officer for the Optic Marine Group.

“In places like Japan, South Korea and other developed countries, cabotage still exists, yet the entire difference is due to the existence of an ecosystem such as cable storage facilities.

“Here, we still have to sail elsewhere to pick up our cable supply before we can carry on with our work,” said Ronnie, who added that his company would like to invest in a cable depot here in order to improve response time and security.

Optic Marine plans to cut down its response time for cable repairs in Malaysian waters by procuring a ship that will be registered in the country.

“With the appropriate ecosystem, response time and costs can be brought down significantly as we support the region as well as the country,” said Ronnie, whose company owns four cable ships and two barges. Its first Malaysian-flagged barge was bought in 2015.

“We invested heavily for our planned growth that began from zero. It took us many years to grow to this stage,” he said, adding that if Malaysia could not rise up to the challenge, then its cable maintenance industry may end up being dominated by “countries wiling to put in the work to create the ecosystem”.

Citing data from the International Cable Protection Committee up to 2018, Optic Marine said many countries were able to create competitive cable maintenance companies within their respective cabotage regimes.

“You can see that the response time (for permitting) in Japan, the Philippines and South Korea are not impacted at all. On our part, we support the optimisation of the domestic shipping licence application process for both Malaysian and foreign players as we believe it will stimulate more competition and spur efficiency.

“This will provide the push for the creation of that ecosystem so that Malaysia can be a hub of the region. You cannot be a hub without having an ecosystem,” said Ronnie.

“If you are not cost-effective, they (telcos) will not take you,” he added.

Currently, Malaysian companies have to compete with Singapore’s Asean Cableship (ACPL), a joint venture of six Asean telecommunications companies incorporated in 1986, and is now one of the strong contenders for repairs and maintenance jobs in South-East Asia and the Indian Ocean. The other players competing in this space are SBSS China, Korean Telecom Submarine, Global Marine Systems, KCS Japan and NTTWEM Japan, with vessels flagged according to the jurisdiction of operation areas.

Yong Fah Choong, project director for the submarine division of Jati Tinggi Holding Sdn Bhd, an infrastructure construction company, said the factors that matter to cable and infrastructure owners lies in the responsiveness of the service provider, on the back of reasonable cost.

“Cable owners want the job to be done quickly and at a fair price,” said Yong, whose company has undertaken turnkey projects for many telcos as well as Tenaga Nasional Bhd as both main and sub-contractors.

“Malaysian cable contractors are on par with foreign crew in terms of competency or vessels when it comes to equipment. Ultimately, it will be all down to speed of delivery and cost when it comes to considering who will get the job.”

Malaysia to muscle in on cable maintenance in its waters
SUBMARINE cable installation and maintenance is an extremely niche industry but several Malaysian companies have craved out a place for themselves.

They include Optic Marine Group and iFACTORS Sdn Bhd.

The larger brother here is Optic Marine, which has four cable ships and two barges capable of working all over the world to lay both power and data cables.

iFACTORS is backed by shareholders with previous experience in the optical fibre submarine cable industry, and has evolved from a telecommunication system integrator to a company providing niche solution in the provision of maintenance and implementation of submarine cable network.

Founded by Datuk Lim Soon Foo in the 1980s, Optic Marine is now fully capable of providing a complete range of services for the submarine cable industry, ranging from installation to scheduled maintenance to emergency repairs.

In an interview, Optic Marine said it has systematically built its assets and expertise over the years with the aim of carving out a larger slice of the pie.

However, it is also of the opinion that the whole of Malaysia must also pull its weight to create what it called a thriving ecosystem of the submarine cable industry.

“For example, in the Phillippines, which practices cabotage, the permit approval times are very short,” said Ronnie Lim, group chief executive officer for the Optic Marine Group.

“In places like Japan, South Korea and other developed countries, cabotage still exists, yet the entire difference is due to the existence of an ecosystem such as cable storage facilities.

“Here, we still have to sail elsewhere to pick up our cable supply before we can carry on with our work,” said Ronnie, who added that his company would like to invest in a cable depot here in order to improve response time and security.

Optic Marine plans to cut down its response time for cable repairs in Malaysian waters by procuring a ship that will be registered in the country.

“With the appropriate ecosystem, response time and costs can be brought down significantly as we support the region as well as the country,” said Ronnie, whose company owns four cable ships and two barges. Its first Malaysian-flagged barge was bought in 2015.

“We invested heavily for our planned growth that began from zero. It took us many years to grow to this stage,” he said, adding that if Malaysia could not rise up to the challenge, then its cable maintenance industry may end up being dominated by “countries wiling to put in the work to create the ecosystem”.

Citing data from the International Cable Protection Committee up to 2018, Optic Marine said many countries were able to create competitive cable maintenance companies within their respective cabotage regimes.

“You can see that the response time (for permitting) in Japan, the Philippines and South Korea are not impacted at all. On our part, we support the optimisation of the domestic shipping licence application process for both Malaysian and foreign players as we believe it will stimulate more competition and spur efficiency.

“This will provide the push for the creation of that ecosystem so that Malaysia can be a hub of the region. You cannot be a hub without having an ecosystem,” said Ronnie.

“If you are not cost-effective, they (telcos) will not take you,” he added.

Currently, Malaysian companies have to compete with Singapore’s Asean Cableship (ACPL), a joint venture of six Asean telecommunications companies incorporated in 1986, and is now one of the strong contenders for repairs and maintenance jobs in South-East Asia and the Indian Ocean. The other players competing in this space are SBSS China, Korean Telecom Submarine, Global Marine Systems, KCS Japan and NTTWEM Japan, with vessels flagged according to the jurisdiction of operation areas.

Yong Fah Choong, project director for the submarine division of Jati Tinggi Holding Sdn Bhd, an infrastructure construction company, said the factors that matter to cable and infrastructure owners lies in the responsiveness of the service provider, on the back of reasonable cost.

“Cable owners want the job to be done quickly and at a fair price,” said Yong, whose company has undertaken turnkey projects for many telcos as well as Tenaga Nasional Bhd as both main and sub-contractors.

“Malaysian cable contractors are on par with foreign crew in terms of competency or vessels when it comes to equipment. Ultimately, it will be all down to speed of delivery and cost when it comes to considering who will get the job.”

I am out of this stock after the last 2 trades this week. I would do another trade in future if the TA shows it's a buy again. Over the longer term JCY would be a promising company if it's successful in its transformation into the auto sector.

It's a rubbish stock. Malays called it kencing. How can it compete with Press Metal where bauxite is the feedstock whereas this rubbish is using scrap Al?

Biden is like what Mark Lee in one of his movies advised the potential robbers to rob only those bank branches that were manned by security guards that looked frail & old. It is brain damage to think he is fit to run a country like Malaysia let alone a superpower.

川普必胜。 https://www.youtube.com/watch?v=NctbJ8brBAc

NPRA It's free market that would kill the fossil fuel industry & turning the Arabs into beggars if Quantumscape could commercialize its cutting edge battery technology. All electric vehicles would be competitive as smaller/safer and thus less expensive battery banks would be installed for all EVs since these battery banks would be charged to 80% within 15 minutes. EVs then need only 40 kWh battery bank. It is pure economics with this type of disruptive technology commercialized.

"QuantumScape’s lithium-metal battery uses a solid ceramic electrolyte which he said is safer than using a conventional liquid electrolyte. It also eliminates the need for an anode, allowing the battery to charge more quickly - up to 80% capacity in just 15 minutes. Also, its energy density is much higher, exceeding 400 watt-hours per kilogram, which far surpasses 250 Wh/kg for the best current lithium-ion batteries.

“The company has an opportunity to redefine the battery landscape,” said Tesla co-founder J.B. Straubel, CEO of Redwood Materials, a Silicon Valley battery recycling startup."

Mabel-----I share your view. As far as I could remember this is the ONLY bumi outfit that consistently performed apart from being a company that has global reach. Just look at FGV, Sapura Energy, CCM, MRCB, DRBHicom etc.

Awang still has a long way to go so that he would concentrate on IStone etc. No capable man would be pleased to play second fiddle in a group just like the Chinese saying "a mountain couldn't contain two male tigers". However it wouldn't go into "pasar malam" offer as Karim & EPF would continue to accumulate on weakness.

Rightfully it should be about 0.10

Why it is still not 0.13 yet?

Both Seagate & WD are in SSD after some acquisitions. Like all other disruptive technologies, in both SSD & electric vehicles mechanical metal parts are vastly reduced. Is there any spindle in static SSD?

This isn't an ideal product to trade as the weightage of GLC is overwhelming. It's very different from Dow Jones where there isn't any GLC among its components. BMD has to introduce something else to include at least 200 component stocks hopefully minus out all the GLCs. I don't use the word "tipu" as no one forces a person to trade in this product. BMD existence depends solely on FCPO without which BMD would have to close shop. Even FCPO is facing strong competition from Singapore Apex CPF product. If Malaysia still thinks it's the only country in the world without serious reforms then it is better for Bursa & BMD to close shop. Survival of the fittest and most competitive(color blind is the key word).

Say whatever one wishes to say. The fact is the future of JCY isn't with HDD where margins are razor thin. It's with precision metal casting where currently HDD is the bulk of JCY business. Hopefully its auto business (plus other sectors) would flourish even though with electric vehicles turning into mainstream hopefully soon the number of metal parts would be drastically reduced. Whether one likes it or not, HDD would be history in future like floppy drive. When is the future is everyone's guesses.

JCY International Bhd (5161)
• JCY closed 2.2% or 1.5 sen higher to RM0.71 last Friday.

• From a technical perspective, share price is currently trading above key moving averages which is a good sign of buying momentum. Recent pull back from high of RM0.87 level provides a good entry opportunity and should buying interest persists, share price is expected to trend towards the RM0.80 level.

• As such, resistance levels are identified at RM0.80 (R1) and RM0.87 (R2).

• On the downside, support levels are seen at RM0.59 (S1) and RM0.50 (S2)

Source: Rakuten Research - 21 Sept 2020

Very tempted to do an entry@68.5 after reading the above call. However the TA shows otherwise. So no entry so far. Be more patient.

The rumor mill is unreliable. One has to rely on TA or FA to trade.

gemfinder It's no longer true with the emergence of Serba Dinamik Holdings Bhd & all other companies managed by Ir Muhd Karim Abdullah. These are genuine globally competitive companies. You may be right if he is a newly Sarawak born convert.