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2014-02-12 23:48 | Report Abuse
but oil plant/machineries/ is not from kazak ?
imported?
so now bad or good news?
2014-02-12 23:46 | Report Abuse
with that money ..he can exercise more unsubscribed ESOS
2014-02-12 23:40 | Report Abuse
Kazakhstan says to devalues currency by 19%
http://www.thestar.com.my/Business/Business-News/2014/02/11/Kazakhstan-says-to-devalues-currency-by-19pc/
ALMATY: Kazakhstan said on Tuesday it would allow its national tenge currency to devalue by 19% to about 185 per dollar because of a decline in other emerging market currencies and in order to try to prevent large-scale speculation on the forex market.
Shortly after the announcement by the central bank, the official rate of the tenge fell to 163.90 to the dollar from 155.56 on Monday.
The bank said it would ease support of the tenge and reduce currency interventions. It said its decision was coming into force immediately.
The bank said its move had been prompted by volatility on international markets caused by the US Federal Reserve System's gradual withdrawal of its quantitative easing policy.
"There is currently a capital outflow from emerging markets to the developed ones, which has created pressure on emerging market currencies," the central bank said in a statement.
Northern neighbour Russia remains Kazakhstan's main trade partner, and the bank said its move had also been prompted by "the uncertainty of the exchange rate of the rouble".
The rouble has declined by 5% against the dollar since the beginning of this year.
The devaluation of the tenge was also a move to prevent speculative trade on the internal foreign exchange market, the central bank said.
"In order to avoid instability on the financial market and in the economy in general, the National Bank will establish a corridor of tenge rate fluctuations at a level of 185 per dollar plus/minus 3 tenge," it said.
Last September, Kazakhstan's central bank pegged the national tenge currency to a basket of foreign currencies, including the dollar, the euro and the rouble, introducing a system similar to that used by Russia – Reuters.
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is this good or bad news for sumatec "enormous" operation in kazakSetan?
i think mampus!!!
2014-02-12 23:37 | Report Abuse
because he's duped and conned?
may be he's too exited?
may be he's just a related party or proxy to HS...a cover up?
RM100m invest for RM500m profit by conning people is worth the risks...hahahaha
2014-02-12 23:33 | Report Abuse
people here please beware of the hantu blgFAT...using similar name like me bigFAT
he is so frustrated that MKH is winning while sumatec thumbs down...so he is degrading MKH for his hatred...haha
2014-02-12 23:33 | Report Abuse
blgFAT made zero(may be loss..haha) in sumatec
while
bigFat made thunderous profit from MKH
one is bigFAT..the other is blgFAT ...one makes money... the other just talks...hahaha
2014-02-12 23:25 | Report Abuse
thanks alot Fx Lee for mentioning the 2nd date...may 2014?
mayday mayday
so why not feb? could u share bro Fx?
2014-02-12 23:22 | Report Abuse
if u calculate all the placements before and now again...and compare it with hibiscus, cliq and sona...u'll be surprised at the aggregate of money invested/poured to save this 'stock' and ALL the ratios compared to these 3 spacs altogether...sumatec must be a giant compared to these 3 smurfs..haha haha haha
2014-02-12 23:19 | Report Abuse
so Fx Lee what do u think of their hopes of RM86 profit from share's placement...about 315m shares...without revenue...i mean ZERO revenue? but still makes profit...from shareholders...not vice versa!!! a really suckers' stock
2014-02-12 23:15 | Report Abuse
what about the rumor : Westports' tariff hike possible
seems no one exited about it ya?
this is big rumor...at least please la go up 15 cents...even if it's faked!!!
i'm also wondering about losses for another port operator
what can we relate between them?
what is happening to our country's ports
too many ports?
too many spreads?
too little cake?
the timing of westport ipo is so exact for the port to absorb challenges they saw earlier already
2014-02-12 23:02 | Report Abuse
mkh naik lagi...mkh naik lagi...mkh naik lagi...
esok aku nak umum macam ni lagi
esok aku nak umum macam ni lagi
esok aku nak umum macam ni lagi
esok harap-harap aku bergumbira lagi
esok harap-harap aku bergumbira lagi
kalau rasa gembira tepuk tangan
kalau rasa gembira hentak kaki
kalau rasa gembira say haha hoho huhu
kalau rasa gembira say haha hoho huhu
kalau rasa gembira say haha hoho huhu
nanti esok kita jumpa lagi
nanti esok kita jumpa lagi
haha hoho huhu
haha hoho huhu
haha hoho huhu....kikiki kahkah hehehe!!!!
2014-02-12 22:53 | Report Abuse
as kcchong told us that it would be incredible for a company to record increase in profits/earnings/roe/roic...or whatever continuously...
so he should also be affirmative that kfima might also registers loss...but it doesn't mean that its a bad company...and that what we call investment. u lose some u win some.
2014-02-12 22:49 | Report Abuse
Plantation giants like IOI and Sime Darby are more resilient to overcome any difficult changes in Indonesian policies that can affect their investment. But Kfima...i don't think so.
I suggest to Kcchongnz ...i admire him very much with his data...yet i never see him writes about risks for kfima's business. why not write something valuable this time about risk management and downside probability with data like what he explained wonderfully, such as graham net-net or 5 criterias to invest in a stock.
Sometimes we must be optimistic ...not continuously ....sometime must be pessimistic. That's what u call fair and free from any interest.
2014-02-12 22:36 | Report Abuse
big amortisation is on the moves...and rupiah fell to a very low level and upside is unlikely for at least 6 months...kfima moneys value placed in indonesia has fell extremely. and 10.7 cents will not be a surprise for the whole 2014 . and indonesian gov is just going to increase taxes especially for mining and plantation sectors. Will not be surprised also when tax and duties being increased for upstream industries being forced like what happening now to mining industries. indon is a very protecting country in terms of its sovereignty and resources. And they seems to believe that foreigners will still need to come and invest there. So kfima might need to invest their rupiah for upstream/factories/logistic/ machineries/ staffs-profesional included. All talks about cash...it will be depleted in no time. For indon gov this is one important and urgent moves considering foreigners are now shy and reluctant to invest there. Yet their gov responded by also being reluctant also. And they're strong enough not to be annoyed by foreigners perceptions because until now still they're not doing any wrong moves like india...everything is under control . So Indo gov just have to bite some from ready-available foreigners in indon. And foreigners must abide for them to be succesful here in future...i say it again...future...not now. Iif kfima can stands all of these...kfima will be a semi-giant in plantation industry in indon. but it will take years before they can reap any profit.
So PER for 2014 at 14.0 is maintained . TP RM 1.51
2014-02-12 22:08 | Report Abuse
loose=longgar
lose =kalah or rugi kikiki
2014-02-12 09:50 | Report Abuse
not submit? so not transparent? so still can go for ipo? bolehland.
since ipo=good
now = bad
2014-02-12 09:47 | Report Abuse
MKH now 3.88...tunggukan berita TERKINI!!! kahkah
2014-02-12 09:41 | Report Abuse
publicbank has invested in kfima...what do u expect?
2014-02-12 09:40 | Report Abuse
that was publicbank...not publicinvest...see the different?
2014-02-12 09:36 | Report Abuse
just like what i said...please do not compare with other plantation company
2014-02-12 09:30 | Report Abuse
aih? semua sudah malu...kahkah
2014-02-12 09:27 | Report Abuse
bukan tak takde duit...nta negative la...kahkah
2014-02-11 23:45 | Report Abuse
poor u...knm's the name
sumatec is too cheap to sell?
affirmative?
nope
sumatec is too cheap to donate
2014-02-11 23:39 | Report Abuse
sudah beli lagi mau saman...haha fgv sudah kena tipo
2014-02-11 23:37 | Report Abuse
company makes losses before IPO...
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1462265
no real reason for it to be so bullish ipo...but i did...so what more can it be? thumbs down!!!
2014-02-11 23:34 | Report Abuse
optimus...i guess hookers uses reusable condom haha
but no....this is a very good company
excellent actually
problem is ...IT HAS EXCEEDED ITS VALUATION TOO FAST AND TOO FAR
it will follow zulian
2014-02-11 23:21 | Report Abuse
this year PE will be around 14.0
ROE (%)
2011 =16.16
2012 =14.83
2013 =12.78
Trailing Twelve Months=11.64
see the pattern?
extrapolation for ROE in 2014 will not be in 2 digits anymore
---
it will only be in 2 digits or more when u include digits after decimal
and sorry to upset kcchong...we're not talking about quarter performance...we're talking about annual performance...so the report is soundly valid. Please show us where did i changed the content of the report drastically regarding its valuation?
and the talks about malaysia currency drops is good for palm oil players, unfortunately business in papua new guinea involves buying using US currency which translated into around 10% increase in cost...and there's no doubt that more cost increase will occur
and please don't forget that earning per shares has decreases 7 quarters in a row...and don't tell us that no company can moves up in straight line pattern.
and don't compare this kfima is resembling other palm oil stocks performances...so no big deal in its poor performances?i thought u value this more than other palm oils stocks...so why telling us about the similarities?
it is like a father telling his son's to stop the rot...and the son replies : even his elder brother doing the same
so the father says: if that is so...then it's ok
i thought this is a gem stock? so why a gem being compared to stones? is it neccesary?
yes it's a gem before...but now it's only an ORDINARY stock that has pasts it's fortunate path...long time ago
2014-02-11 22:48 | Report Abuse
warrant is good...but that only 29m warrants is in control of one big fat hand...unfortunately no mine
2014-02-11 22:33 | Report Abuse
not worth...careful for sudden death when u're not
monitoring net income was only RM5.2 million after
billions of shares placement
wow...and another 315m shares for placement again
...company has no money to pay staffs...let alone
drilling operation....even the latest
shares placement is not enough to buy rigs
and technolgies...
waiting for another (3rd) placement within 3 months
after the 2nd placement to be announced-or waiting
bloods to pour
-----
Even the 4 biggest drillers in USA using lower
drilling cost from shale have reported 2 and half
years hundred millions US dollar losses...all the 4
companies are sound companies ... suma is just a fly
that yields u nothing more than it's noises that
brings u goreng
-----
A fly that fries..
something is falling
something is falling
something is falling
how can u be so blind?
how can u be so blind?
are they drilling or are they disposing
are they drilling or are they disposing
are they drilling or are they disposing
my my what sense do u use
my my what sense do u use
my my what sense do u use
pity pity
pity pity
when the time comes...
don't u tell me
i told u so
i told u so
is an act of putting salt onto ones wound
kikiki
2014-02-11 19:25 | Report Abuse
KUMPULAN FIMA BERHAD - A Moderate Year Ahead
Author: PublicInvest
KFima‟s 1QFY14 results were subdued owing to challenges experienced in the respective divisions, with revenue and earnings meeting 22% and 18% of our full year estimates. Revenue registered RM122.6m (-3.2% YoY, -8.0% QoQ), marginally lower due to lower revenue generated by the Food division. Net profit for the quarter declined to RM14.6m (-29.5% YoY, -1.7% QoQ).
Continuing pressures. Manufacturing of security documents and currency notes would face headwinds this year on pressures of price competitiveness coupled with the slump in demand while capacity was increased.
A flat year. Plantation saw higher sales and volume, translating to PBT improvements, however still hindered by low CPO price . Current yields are from fully matured trees from Kalimantan which make up only a small 25% of top-line and 14% of bottom-line, with more contributions only in 2 to 3 years from maturing planted trees in Miri, Sarawak.
Potential loss in demand. Bulking is expected to be supported by chemical and oleo chemical industry products, however demand could be affected this year with the anticipation of variations in the Malaysia Derivatives Exchange (MDEX) edible oil tender transshipment businesses which arise from a differential in export duty structures between Malaysia and Indonesia.
Food remains challenging. A challenging year ahead as fish catch bought in Papua New Guinea is purchased in US dollars, exposing the group to further currency risks. The depreciation of Kina against US dollar thus could potentially intensify forex losses. With some respite, tuna orders from Europe are expected to increase by September.
---
TP RM 1.51 leads to PER at 14.0 for year 2014
2014-02-11 19:14 | Report Abuse
Halim Saad is not an honest man...years before he denied saying talak (divorce words) against his ex-wife in court...court didn't accept his sayings.
what will happen if the court believe him that day? he must then sleeps with his ex-wife. A man with no fear for his sins!!!
the real situation is now going on in sumasuck(your money)!!!
2014-02-11 19:08 | Report Abuse
goreng suma is not fundamentally sound...trouble company
while spacs ...hibi, sona, cliq all are spac ...starting from zero after ipo...yet suma is a pseudo-spac starting from nta near to NEGATIVE RM 1 !!!! ...run while u can !!!
2014-02-11 19:04 | Report Abuse
pantech is 100% sure better than pmcorp by 10000%
is there any way to compare both? calvin is pigshit....100% sure worse than bullshit ...but don't know how many percentage...may be calvin has tasted both and can tell us...haha 7 years with pmcorp...still waiting for cash payout...pigshit
2014-02-11 18:55 | Report Abuse
wah so many twins created here just to protect this dumb and dumber stock..haha 31 cents
still can reach 50 cents...but goreng je...
can also becomes under 10 cents...haha very coning stock
2014-02-11 18:18 | Report Abuse
how much suma is now?
31 cents
i thought i read some promotion of mkh and its warrant here in suma thread ...when it was at RM 3.50 2 days ago
and now mkh closed at RM 3.80...profit 30 cents...just under 1 cent of suma's price hahaha losers
belum kira anak lagi tu...haha suma hantu stock
2014-01-03 15:54 | Report Abuse
zu..i thought u're confident before like chua?
2014-01-03 15:13 | Report Abuse
hei new boy rajaindia...no need for financial report...just fly
2014-01-03 15:11 | Report Abuse
but not that sasamee street's bigbird tau..haha
2014-01-03 15:10 | Report Abuse
haha the 1st ever comment made by kannibu...u want some?
Stock: [SUMATEC]: SUMATEC RESOURCES BHD
2014-02-12 23:49 | Report Abuse
such as from crotia?