Wealthy yes, top 100 richest in China maybe not. At some point, you start to become a threat, moving even a couple of million out of Prc brings the State apparatus on you

250 million each

Nope about rm250 each

@sslee

Thanks so much for putting this into context, totally can compare what we got and what the Taiwanese navy got

About the same size, ours 4 times more expensive, with machine guns….

You at least got this right, China got 9 billion to improve their education system while in exchange we got boats with machine guns

We might use them for fishing though, but considering the Chinese navy blockade 100km of Sarawak’s coast, can’t do that too

For a close to ‘apple to apple’s comparison, recently the Taiwanese navy commissioned their latest ship that’s close to the size of the sampan’s we are given,

https://en.m.wikipedia.org/wiki/Tuo_Chiang-class_corvette

Equipped with 8 × Hsiung Feng II
8 × Hsiung Feng III
1 × Otobreda 76 mm
1 × Phalanx CIWS
2 × 12.7mm Browning M2HB
2 × Mark 32 triple torpedo launcher (one port and one starboard

For about rm 200-250 mil each

I don’t have to talk silly, it’s just facts. China can sell us sampan with machine guns, but sampan price la

Looking at the deal, even Jho Low got a better deal for his yatch

The second batch of KDX-III ships mentioned above will give the RoKN six ships of this class by the late 2020s. They will be 170 meters long and displace about 8,100 tons. Kim said that these new ships will be capable of sea-based ballistic missile defense, with plans to acquire the SM-3 or SM-6 interceptors and Aegis CMS Baseline 9.

“This will contribute to realize a multi-layered missile defense capabilities at [the] Korean Peninsula; along with existing land-based interceptors of both Korean armed forces and U.S. troops in Korea, like Patriot [surface-to-air missile] and [Terminal High Altitude Area Defense system],” he added.

Yaya, thanks for the rm1.5 b each sampans with machine guns

To put things into perspective, this is what the Korean navy is getting for rm 2.0 b each

Also in November, HHI was awarded a KW636.3 billion, or $533 million, contract for the second of three new Batch 2 Sejong Daewang-class (KDX-III) destroyers expected to be delivered in 2026

@stockraider, yaya that’s why we are so thankful to the honest and truthful China
Big brother loves selling us 6 sampan’s with machine guns worth a total rm 9 billion

With advanced arms in the region, one wonders what are the machine guns for hahah, might as well give us stainless steel keris

For close to the same price tag, Indonesia ordered warships that’s :

Displacement: 3040 tonnes, 4 times the weight of the ‘sampan’ we getting from China. Heavier can sell more for used iron also

https://www.defensenews.com/global/europe/2021/06/10/indonesia-orders-six-fremm-frigates-from-fincantieri/

Armament : 4 × TESEO Mk-2 anti-ship missiles, double launchers; 4 × Albatross octuple Aspide SAM launchers, 1 × Otobreda 127 mm/54 gun; 2 × Oto Melara Twin 40L70 DARDO CIWS; 2 × Browning HB2B 12.7 mm; 2 × MG 42/59 7.62 mm; 2 × 533 mm torpedo tubes; 2 × 324 mm triple torpedo tubes with Mk-46 Mod.2 torpedoes

@stockraider, fyi at least the infamous ‘Jho Low’ Equanimity is 4 times in weight, with maybe speculated gold plated toilet seats

Every country does, unless of course there are some ‘Malaysians’ don’t mind buying rm 1.5 billion warships equipped just with machine guns cause their loyalty is to China

Yaya China is very honest and helpful with Malaysia

They help us build 6 ‘warships’ worthRm9 billion ringgit that use machine guns and a small cannon

Great War is coming. Let’s totally annihilate the loser

Most of us are waiting for the Great War to breakout

Largest profit ever for shipping companies

https://www.bloomberg.com/news/articles/2021-09-21/maersk-is-now-heading-for-biggest-profit-in-danish-history

Top Glove in the latest Q, have more than Rm1b in inventory. Smells like massive order cancellation

Does this mean selat melaka belongs to Malaysia and we can collect toll for all ships moving to and fro?
Your loyalty regardless of your ancestors belongs to this country.

Well they are continuously using fintec cash to buy Focus while Focus keeps issuing ESos and below market price

Lmao, are you guys talking bout Vivo or dataprep

Dataprep already contra and profit yesterday lo. Slowly volume will disappear

Big orders being queued at Buy

All this happen after new ceo installed in bursa and Sc.

Matilah, Fintec group will issue lots of Esos and sell down

Asdion total revenue for 2019 is less than RM 4 mil
Latest quarterly report revenue is about 900k. That’s a whole freaking QUARTER!!!!
Man you guys really taken for a ride

Appoint them for something talk since 2018

Some of our rivers are getting shallow, especially the major ones in Sabah. So a company dredges, deepens the riverbed and export the sand.

A controlled venture would actually help, of course enforcement penting lah

Usually about 10 working days on average after submission
Careful guys

Pity the warrant holders that live in condo’s

No need to listen to the retards la
When under rm10, say wait rm 5.....

Hold saja, those that had the balls to buy under rm10

@wingwing90, there are not many large dry bulk players in East Malaysia. Biggest cost other than sand extraction is transport
Let’s hope they get a good deal

Well they are contacting dry bulk companies for barges. Let’s wait for announcement

https://www.theedgemarkets.com/article/vivocom-raise-rm9937m-private-placement-proposes-oneforthree-bonus-warrants

Let’s see if the PP happens at 98 cents per share

Based on an indicative issue price of 98 sen per share, Vivocom said it would raise between RM88.83 million and RM99.37 million in gross proceeds, which would mainly be used for working capital.

Below rm10, people will wait for rm 8
No difference la

Withholding annual report is not a good sign

Sold.. thanks guys

Hopefully the 0.03 queue don’t suddenly disappear

Bought at 4.38
Couldn’t help it haha

Well the JV company building the new runway for HK airport does exist
And it’s no secret they need sand for expansion

Grandpa koon always talk about world population when the real driving gloves markets and majority market share is the first world nations which amount to less than 10 countries if you refer to TG annual report

Sand from East Malaysia and it’s a state matter. Point is how are they going to transport such massive amounts over to China/Hk
Or maybe sand used to fill some islands in South China Sea

All shareholders and glove supporters should transfer their cash deposits

If don’t believe, don’t buy and watch
Simple

Buy into another Fintec link company hahaha

Everyone can see the elephant in the room. And yet bursa does nothing

Downtrend and consolidation
Like recently Dgb and the rest of the fintec gang
Consolidate and drop by half. Then rights issue again

This is bad