JPMorgan Chase & Co has disposed of a total of 1.976 million shares or 0.46% stake in Muhibbah Engineering (M) Bhd from Jan 16 to 28.

Filings to Bursa Malaysia on Tuesday, showed the US bank had started disposing of Muhibbah shares since Jan 16 when the share price was at a five-month high on Jan 16.

It sold 1.056 million shares on Jan 16 and 125,300 shares on Jan 20 and 131,800 units the next day. Over the next three days from Jan 22 to 24, it sold a total of 750,000 shares.

Ex-chairman Ahmad Khairuddin Illias charged today in connection with Genneva cheating case, after hiding out for more than a year.
http://www.themalaymailonline.com/malaysia/article/another-genneva-director-charged-16-now-in-the-dock

Very soon, GLCs will be urged to place advertisement to Star, just like Utusan. LOL

Posted by 1MtalkingKangkung > Feb 4, 2014 11:23 AM | Report Abuse
Chef Wan, it is a lost cause. Because you are “somebody”, they responded to you. If others were to complain, they will just ignore them. Mind you, I don't think MAS has paid cheaply on that “box” of nasi lemak.

Check who is the supplier first. Check how much that supplier charges MAS before we talk further.

(Who else but Brahim :P)

Chef Wan, the sorry state of this nasi lemak in the MAS flight is the actual state of MAS itself. MAS is also now 'naked' as far as its financial statement is concerned.

Huat ah

USD tumbled in Tokyo

moronic 123, ppl is asking you to give proof that liihen is running more than one shift; why you so dumb go bring out old results?

（吉隆坡28日讯）全国警察商业罪案调查局总监拿督赛依斯迈说，警方的首要任务是揪出各类骗案的幕后黑手，以避免更多民众成为受害者。

“唯独警方不能保证帮受害者索回损失的金钱，受害者应该通过民事诉讼途径索取被骗走的钱。”

赛依斯迈一月杪退休，他日前在办公室接受媒体联访时，如是指出。

他说，警方将视提控骗案的幕后黑手上庭为首要任务，不过警方的职责是逮捕涉案嫌犯归案，不能保证为受害者索回损失。

For all those who lost due to the cheating by directors, your only remedy is through the court then. Keep fighting!!!!

Wah lao eh, From 31/12 to 28/1 dropped 31 sen, a good 23% lost

RHB Bank’s Economic Highlights, reflecting on MIER’s CSI and Business Conditions Index (BCI) surveys today, noted that the negative sentiments among consumers were further fueled by lower household income and Bank Negara’s moves to rein in rising household debt.

“The survey also indicated growing inflationary jitters due to the fiscal consolidation measures by the Government,” said RHB Research.

The bank’s research house noted that inflation went up from a two-year low of 1.2% in December 2012 to 3.2% in December 2013 following rising prices of goods.

“As a result, the survey indicated that consumers will likely be more prudent in spending in the coming months, and they would put on hold their spending plans for big-ticket items such as property, furniture, computers and cars,” it said.

@@@ Buy less furnitures

RHB Bank’s Economic Highlights, reflecting on MIER’s CSI and Business Conditions Index (BCI) surveys today, noted that the negative sentiments among consumers were further fueled by lower household income and Bank Negara’s moves to rein in rising household debt.

“The survey also indicated growing inflationary jitters due to the fiscal consolidation measures by the Government,” said RHB Research.

The bank’s research house noted that inflation went up from a two-year low of 1.2% in December 2012 to 3.2% in December 2013 following rising prices of goods.

“As a result, the survey indicated that consumers will likely be more prudent in spending in the coming months, and they would put on hold their spending plans for big-ticket items such as property, furniture, computers and cars,” it said.

@@@Buy less furnitures @@@@

Vol is thinning by the day. Bad sign

Taiko busy today, so no time to play the counter

Had it not because of a steadily declining Ringgit since and after GE 13, most of the furniture stocks would have to report a flat, if not, loss making result. Liihen certainly will not be an exception.

Pohuat is the first to reflects this waning demand of rubber wood furnitures particularly in the US as its FY is ending 31/10. From the Q4/13 result of Pohuat announced on 31/12/2013, the revenue saw a dip of 9.88% at $101.337m compared to $112.457m in Q4/12. This also pulled down the full year result by almost $35m. Obviously this was the direct effect of waning demand of rubber wood furnitures in US which has been steadily declining since Q2 and Q3. Liihen's horrendous Q2 and a muted Q3 result further supported this fact.

If keep dropping, wouldn't it be wiser to buy ex-dividend???

Latitiude has the cushion of Middle East markets while Pohuat has a wider range of products. Liihen only makes bedroom sets. This puts it under a weak spot and is more susceptible to contraction on the demand of rubber wood products.

Rubber wood furnitures' demand are waning in the US market. This is also the reason why sernkou needs to diversified into other sectors i.e. bedroom sets to offset the excess capacity. We will see the revenue of all US-dependant furniture exporters (liihen in particular is more vulnerable because almost >90% go to US) coming down in the coming years. Just watch next month's Q4 result. Already liihen is running on a 5 days Single Shift only for the past 3 months.

Taiko will have news hopefully by next week :D

Tomorrow onwards can use trolley to go buy cheap cheap

Theoretical Ex-All price is RM 0.3213, now closed only 0.29, good luck to those holding and subscribing to the rights, may need to hold long long oledi

HOMERIZ 2,478,100 shares traded
HEVEA 1,010,200 shares traded
LATITUD 494,800 shares traded
LIIHEN 67,100 shares traded
Lii hen The Laggard miles apart

Directors selling the warrants as it is seriously out-of-money. Right move

Tak tahu macam mana mati

Shui

One big cat buying from CIMB. Beh Cai si

Just wait for taiko's signal very soon : )

OTB must have sold. That was his word that he will walk the talk if the closing price is less than 1.09. The stock price had never close higher than this since then, except today of course.
Let's see how many Sen Kar Lin surface. Lloydlim was one obviously, even yesterday he was very happy that a bad news emerges as told by simon foo 123, obviously he was waiting to buy cheap and hasn't bought any. Now he said he already bought blah blah blah. All smart alexes here lol
22/01/2014 17:05

Regardless of how good you can pick and sieve a stock, one potent factor can throw all your textbook theories to drain : The human factor of the management/directors. Case in point : Enron.

Every stock has its supporters and dissidents. Every analysis has its grounds of argument. Depending on where and what your aim are, financial tools like PE, TA, FA, whatever ratios, are used sparingly and intentionally to justify an argument. It is the human nature to do so. However, no one dare say he has the crystal ball. Otherwise the whole town is swamped with genius.

the name maybe "little hen" but it is not a chicken counter LOL

loss making counters not in my radar sori bangkali

POHUAT >300k traded with gain
HOMERIZ >600k traded with gain
HEVEA >300k traded with gain
LATITUD >150k traded with gain
LIIHEN < 35k traded with loss
Lii hen the obvious Laggard

Too bad atuk betuibetuicakap was banned for 2 weeks from posting. Otw i m very sure he will come all the way from Johor to come and congratulate you in the hunt down of a hypocrite. Atuk will probably bring along his organic kangkung for you to go with belachan hehehe

Well done, 1Mtalkingkakngkung !

Another kangkung in the web (beg) hehehe

You think you are Anwar Ibrahim or PR meh

OTB now you know what is 冷暖自知

Nobody blame OTB of his ta, I think many find him cocxy and arrogant

FatFLOM
15 posts
Posted by FatFLOM > Jan 15, 2014 10:50 PM | Report Abuse

OTB you are not Anwar Ibrahim or a Reformasi, you are only a remisier trying to do some business here. Live up to the fact of life. Think about yourself why so many ppl loathe at you, and hope you will find the answer

FatFLOM
15 posts
Posted by FatFLOM > Jan 15, 2014 10:50 PM | Report Abuse

OTB you are not Anwar Ibrahim or a Reformasi, you are only a remisier trying to do some business here. Live up to the fact of life. Think about yourself why so many ppl loathe at you, and hope you will find the answer

I would summarise this saga as :
Ooi Teik Bee 广东人说：自己拿来衰

LIKE LIKE LIKE

Ooi Teik Bee, ta sifu? You must be kidding!

Post removed.Why?

agree with you betuibetuicakap. This datukkung id was created just to post comments in this thread and nowhere else. I think this roadside tuapekgong maybe also along Batu Road and Chow Kit Road, so can jaga candygirl just in case she runs into operasi sapu ayam

churning rock-and-roll counter. Pls study the trading volume

没办法

Pohuat, Hainanese say poh-huat-tor LOL

law suit pending

still diarrhoea