bursabull

bursabull | Joined since 2019-11-07

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Stock

2021-06-27 22:38 | Report Abuse

Heard rumours of it going private with various target prices given from sources. Something big is definitely brewing behind BSTEAD, price action does not lie.

Stock

2020-10-12 23:33 | Report Abuse

Refer to KPOWER Takeover Offer case

KUALA LUMPUR (Nov 14 - 2019): Kumpulan Powernet Bhd’s substantial shareholder Datuk Dr Mohd Abdul Karim Abdullah owned 40.65 million shares, or a 53.38% stake, in the group at the close of his takeover offer yesterday.

This was announced by RHB Investment Bank Bhd on behalf of Kumpulan Powernet in a statement today.

The statement said Abdul Karim, who is also the managing director and chief executive officer of Serba Dinamik Holdings Bhd, intends to maintain the listing status of Kumpulan Powernet on the Main Market of Bursa Malaysia.

Abdul Karin made the mandatory general takeover offer on Oct 2 after raising his stake in Kumpulan Powernet to 36.49%, following the purchase of 12.25 million shares or 16.09% for RM12.25 million or RM1 per share.

He had offered to buy the remaining shares at RM1 each.

Today, Kumpulan Powernet shares closed eight sen or 5.9% higher at RM1.62, giving the group a market capitalisation of RM123.36 million.

Stock

2020-08-30 23:24 | Report Abuse

SCIB records much improved quarterly revenue, profit

By NST Business
August 27, 2020 @ 11:26pm

https://www.nst.com.my/amp/business/2020/08/620030/scib-records-much-improved-quarterly-revenue-profit

SCIB has achieved its order book target for this year with RM1.6 billion worth of works on hand as at August.

The company is proposing to undertake bonus issue of up to 367.89 million new shares on a basis of three bonus shares for every one existing shares, as well as an issuance of up to 245.26 million free warrants.

SCIB has declared a first interim single tier dividend of 2.3 sen per share, payable on September 30.

Stock

2020-08-03 00:42 | Report Abuse

Dr. Fauci says coronavirus is so contagious, it won’t likely ever disappear

UPDATED FRI, JUL 31 20202:30 PM

https://www.cnbc.com/2020/07/31/dr-fauci-says-coronavirus-is-so-contagious-it-wont-likely-ever-disappear.html?__source=androidappshare

Stock

2020-07-28 10:01 | Report Abuse

Heard HLT will have bonus issue...

Stock

2020-07-27 11:55 | Report Abuse

Sarawak Pakatan to finalise seats for November polls today (July 27), say sources
NATION
Monday, 27 Jul 202011:35 AM


https://www.thestar.com.my/news/nation/2020/07/27/sarawak-pakatan-to-finalise-seats-for-november-polls-today-july-27-say-sources

Stock

2020-07-26 22:38 | Report Abuse

India to remain palm oil buyer, but Malaysia must not be complacent — expert

KUALA LUMPUR (July 24): India will remain the main export destination for the world's top largest palm oil producers — Indonesia and Malaysia — for the foreseeable future given the time taken for India to get its agriculture sector upgraded and modernised, Palm Oil Analytics owner and co-founder Dr Sathia Varqa said.



The Edge Markets

https://www.theedgemarkets.com/article/india-remain-palm-oil-buyer-malaysia-must-not-be-complacent-%E2%80%94-expert

Stock

2020-07-23 18:25 | Report Abuse

Tap into Romania market, MPOC urges palm oil exporters


July 23, 2020 16:25 pm

https://www.theedgemarkets.com/article/tap-romania-market-mpoc-urges-palm-oil-exporters

Stock

2020-07-23 15:33 | Report Abuse

FCPO Uprising now...

Pinepac cash value per share is more than RM1...
Awaiting on special dividend...

Stock

2020-07-21 22:09 | Report Abuse

Plastics firms stretching for growth

July 21, 2020

Tomypak, a plastic flexible packaging (PFP) producer headquartered in Senai, Johor, also sees opportunities from rising demand resulting from the new norm, as people are buying more packaged food.

“There has been higher demand over the past three months, compared with the same period in prior years. Customers are also providing forecasts [for orders] for the next three to six months. This will facilitate more efficient production planning and procurement of raw materials,” the company tells The Edge via email.

Considering that Tomypak is primarily in F&B — a growing segment — it expects this year to be better than last year, not only for sales, but also for operational improvements from the transformation programme put in place in 2018.

“We expect demand for our products will continue to be strong. As the market evolves towards the new normal, there will be more opportunities to move from traditional to safer and more hygienic packaging,” it says.

Tomypak adds that shareholders will be able to see better financial results in the coming years, as a substantial part of the transformation programme has been implemented.

“This should result in much better performance. The company also hopes the trend towards more hygienic food packaging, compared with paper, will mean a larger growing market,” it says.

It adds that the plastics industry is expected to experience better growth in the immediate future.

“Naturally, with our new factory and enhanced capacity, we hope to be able to meet the expected market growth. Flexible packaging deploying new plastic-based materials that are more resistant to viruses will experience an increase in demand,” it concludes.

http://www.theedgemarkets.com/article/plastics-firms-stretching-growth

Stock
Stock

2020-07-15 09:58 | Report Abuse

Pharmaniaga - Earnings Underpinned by Stronger Sales Order

Date: 20/05/2020 

Stock : PHARMA

Source : MIDF

Price Target : 3.16

Stock

2020-07-15 09:55 | Report Abuse

Moderna shares jump as much as 16% after company says its coronavirus vaccine trial produced ‘robust’ immune response

JUL 14 2020 5:00 PM UPDATED 2 HOURS AGO

https://www.cnbc.com/2020/07/14/moderna-says-its-coronavirus-vaccine-trial-produced-robust-immune-response-in-all-patients.html?__source=androidappshare

Stock

2020-07-14 14:12 | Report Abuse

The personal protective equipment market is expected to grow at a CAGR of 7.8% over the forecast period 2020-2025. The increasing number of COVID -19 cases, along with the rising industrial awareness of employee protection at the workplace, are the major factors driving the growth of the personal protective equipment market. 

https://www.globenewswire.com/news-release/2020/06/08/2044788/0/en/Global-Personal-Protective-Equipment-Market-Study-2020-to-2025-Growth-Trends-and-Forecasts.html

Stock

2020-07-13 16:05 | Report Abuse

The prospects now do look brighter, explains Tomypak executive director of finance and corporate affairs Tan See Yin.

“The trend of consuming more packed goods is expected to continue until a vaccine or cure for Covid-19 is developed."

Stock

2020-07-13 16:03 | Report Abuse

Russia first nation to successfully complete human trials of coronavirus COVID-19 vaccine

Jul 12, 2020, 21:34 PM

https://zeenews.india.com/world/russia-first-nation-to-successfully-complete-human-trials-of-coronavirus-covid-19-vaccine-2295317.html/amp

Stock

2020-07-13 14:12 | Report Abuse

Eddie Lim eyes bigger stake in Tomypak

The low-profile entrepreneur is a hands-on businessman who knows exactly what he wants and puts his shoulder to the wheel to achieve it.

Over the past eight months, the 67-year-old Singaporean has been actively raising his stake in Tomypak Holdings Bhd even as he has been divesting his shares in Johore Tin Bhd, both of which are Johor-based companies.

Stock

2020-07-09 22:20 | Report Abuse

The personal protective equipment market is expected to grow at a CAGR of 7.8% over the forecast period 2020-2025. The increasing number of COVID -19 cases, along with the rising industrial awareness of employee protection at the workplace, are the major factors driving the growth of the personal protective equipment market.

https://www.globenewswire.com/news-release/2020/06/08/2044788/0/en/Global-Personal-Protective-Equipment-Market-Study-2020-to-2025-Growth-Trends-and-Forecasts.html

Stock

2020-07-06 11:28 | Report Abuse

Students and teachers will wear masks, disposable aprons and face shields etc.

Wearing mask is compulsory.

Stock
Stock

2020-07-02 17:09 | Report Abuse

To date, PECCA clientele from OEM and PDI market segments include car brands such as Perodua, Proton, Mitsubishi, Toyota, Nissan, Honda, Hyundai, Suzuki, Subaru, Peugeot, Volkswagen and Isuzu amongst others. In addition, we are also exporting our leather car seat covers and products to USA, Europe, Japan, Australia, New Zealand and other SE Asian countries including Thailand, Indonesia and Singapore.

Stock

2020-07-02 17:09 | Report Abuse

Pecca is principally involved in the styling, manufacturing, distribution and installation of car seat covers for OEM, PDI and REM market segments, as well as the supply of leather cut pieces for OEM market segment. Pecca is also involved in other related business activities such as styling, manufacturing, distribution and installation of car door trim covers and covers for car accessories such as steering wheels, gearshift knobs, handbrake levers, console box and operating manual book, provision of sewing service for fabric car seat covers, provision of wrapping and stitching services and supply of raw material to the automotive upholstery industry.

Stock

2020-06-30 18:01 | Report Abuse

Luxchem is definitely better than samchem, if we look into their gross profit margin, Luxchem is at it's advantage. Furthermore Luxchem distributes its products to Thailand, Singapore, Indonesia, Vietnam, Philippines, Japan, Bangladesh, Sri Lanka, Pakistan, China, Australia and the Middle East, which will be beneficial in the long term as its market share will increase gradually.
Luxchem have cash in hand RM144.21 millions.

Stock

2020-06-30 16:47 | Report Abuse

Luxchem proxies to rubber glove industry

Luxchem is a supplier of industrial chemicals and materials in general.

Industry observers said around 35 per cent of Luxchem's total turnover came from the sale of latex chemicals to companies like Kossan Rubber Industries Bhd, Hartalega, Top Glove, Supermax, Riverstone and Latexx.

Stock

2020-06-30 10:10 | Report Abuse

Before any prominent investor come and goreng and take position, can buy in and hold

Target year end total eps = 35 cents
PE x 6 = RM 2.10
PEx 10 = Rm 3.50

Capital gain potential = 400%

Expecting a bonus Special Dividend on 4th quarter (Q4) year end result ( August 2020 )

Stock

2020-06-30 09:38 | Report Abuse

Zecon berhad.
Riding on sarawak growth and sarawak government capex.
9mth cumulative earning = 30 cents

NTA 1.8

Before any prominent investor come and goreng and take position, can buy in and hold

Target year end total eps = 35 cents
PE x 6 = RM 2.10
PEx 10 = Rm 3.50


Capital gain potential = 400%

Expecting a bonus special dividend on 4th quarter year end result ( August )

Zecon revenue and profit contributor from 2 sector

1. Pan borneo highway construction concession

2. Ukm - hospital pakar kanak kanak concession

Solid government contract at hand

We can foresee ZECON next 1 year revenue contribution from concession to maintain earning, any extra concession project in sarawak will further boost zecon botton line earning.

Zecon short term target RM1.20

Stock

2020-06-25 16:54 | Report Abuse

YES, EPF start accumulating since early June... for its 14c dividend... DY 8%++

Stock

2020-06-22 19:52 | Report Abuse

Coronavirus live updates: South Korea sees ‘second wave;’ WHO reports record spike in global cases

PUBLISHED MON, JUN 22 20207:43 AM


https://www.cnbc.com/2020/06/22/coronavirus-live-updates.html

Stock

2020-06-21 13:35 | Report Abuse

German coronavirus outbreak at abattoir infects more than 1,000

SAT JUN 20, 2020

https://mobile.reuters.com/article/amp/idUSKBN23R0Q5

Stock

2020-06-21 11:23 | Report Abuse

US coronavirus cases rise 1.6% vs 1.2% seven-day average

https://www.forexlive.com/news/!/us-coronavirus-cases-rise-16-vs-11-seven-day-average-20200621

Highest rate of change since June 1
US virus cases rose 34,284 in the past day. It's the second day in a row above 30,000 after ranging from 19-28K in the prior week.

Stock

2020-06-15 14:31 | Report Abuse

Coronavirus resurgence in Beijing prompts return of tough measures

Reuters

June 15, 2020 11:35 am

https://www.theedgemarkets.com/article/coronavirus-resurgence-beijing-prompts-return-tough-measures

Stock

2020-06-11 13:15 | Report Abuse

Second U.S. Virus Wave Emerges With Texas Hitting Record

June 11, 2020, 1:34 AM

https://www.bloomberg.com/news/articles/2020-06-10/second-u-s-virus-wave-emerges-after-state-reopenings

Stock

2020-06-10 22:55 | Report Abuse

As global cases pass 7 million, WHO warns the pandemic is 'far from over'

Updated June 9, 2020, 5:24 PM

https://www.nbcnews.com/news/amp/live-blog/ncna1228071

Stock

2020-06-10 14:04 | Report Abuse

Another company is venturing into face mask manufacturing.

The main point is :-

Producing masks locally can give customers assurance on the origin of the product and the high-quality materials that go into making the face masks.

Stock

2020-06-10 14:02 | Report Abuse

Iconic Worldwide starts making face masks, says orders fully taken up until July

theedgemarkets.com

June 10, 2020 13:30 pm

https://www.theedgemarkets.com/article/iconic-worldwide-starts-making-face-masks-says-orders-fully-taken-until-july

Stock

2020-06-07 23:43 | Report Abuse

bursabull@ELT#0.940 
=iD Name(bursabull) 
=Emergency Line Team(ELT) 
=Average share hold Price(#0.940) 

Please add me Paktua. Tqvm