share consolidation..? where u get the news..?.their report didnt mention about this also....

中国乳制品需求激增推高全球奶价

全球牛奶价格正攀升并已触及多年高点，一定程度上受到中国需求意外激增推动。过去一年，美国、欧洲和大洋洲脱脂奶粉的批发价分别上涨了31%、39%和49%。

Lucy Craymer / Julie Wernau
2019年11月6日16:49 CST 更新

牛奶价格已经在全球范围内不断攀升，已达到几年内的最高点， 这一定程度上受到中国需求意外激增推动 。

这个全球第二大经济体的增长在放缓，但中国居民乳制品消费量正增多，包括烘培食品和饮料，例如表面加了奶油和奶酪的茶。

传统上说，牛奶制品并不是中国人饮食的重要组成部分，但中国人正饮用更多牛奶，吃含有大量奶油的甜点，并将奶酪加入日常食品中，例如春卷和汤圆。

过去一年，美国、欧洲和大洋洲脱脂奶粉的批发价分别上涨了31%、39%和49%。脱脂奶粉是市面上生产的冰激凌、巧克力、蛋糕和面包的常用原料。

@LuckyG...wat is your target price to buy if they sell down....

their business model is good since they rented out the advertising area....profit margin is high...terminal with tenant with consistent income unless no tenant, it will act like a reit.....just their debt is high, but no choice since they need money to develop, normal for a growing company....long term should be good...

should grad it when it is low price..not buy it when it already up very high only chase....the bosses add more at 0.265

ya....mayb dividend coming..?

same here...u all are not alone.....i also trapped at Ptrans-wa@0.12 after few rounds of averaging down....now no money to add more....not internal Malaysia problem....is the whole market including external effect...everyone scared and selling it off...or either purposely pushing it down to let more house fund to collect it in main market...

ya....despite price drop .....but MFI and volume very positive...

is not the taukeh kim siap....is u all too greedy....from IPO ady up more than 100%....wat else u all want...giv it a break....if the boss doing great business...it up back....

this thing in big mess now...be careful to trade this...

MACD, MFI, RSI all turning downward....will drop or stagnant a while...

think the project will continue at the end...just in different way....Tun M will not let the project stopped just like that which involve a lot local workers in that area...


PETALING JAYA (Aug 28): Tun Dr Mahathir Mohamad said other parties have offered to build the East Coast Rail Link (ECRL) for as low as RM10 billion, a stark contrast to the current RM55 billion price tag.

Malaysia and China have been negotiating the current amount, reported The Malaysian Insight (TMI), who quoted the prime minister as saying that Putrajaya will definitely consider the cheaper alternatives.

“Some even said they can do the ECRL for RM10 billion instead of RM55 billion. Some are Chinese companies, some are local companies.

“We have to talk with them if there is a possibility of reducing the cost from RM55 billion to RM10 billion. We would be stupid not to accept.

“But we have to study whether in fact you can reduce the cost that much,” Dr Mahathir said to TMI.

“Paying RM55 billion for something that the highest estimate is only RM30 billion would not be good for our financial health.”

Referring to his talks with China on the matter, he told the news portal that he had explained that the government had no money, and could not afford the projects.

“We either have to cancel the (ECRL) project or to defer it or to reduce the cost, that is what we want to do.

“The details of all these things must be done at the official level.

“For me, I had only said it in principle, we have no money and we have to cancel or defer, or reduce cost.”

Dr Mahathir has also said former prime minister Datuk Seri Najib Razak had entered into lopsided contracts with China.

“Unlike all other contracts, instead of paying based on work done, they paid according to a timetable.

“And we have found that the work done was only 13% but we already paid 39%. What do we get from the extra money that had been spent? This has got to be negotiated.”

Najib replied on Thursday, by asking for Dr Mahathir to make public all agreements on the project, and to set up a royal commision of inquiry into the projects.

Dr Mahathir did not see a reason to comply with Najib’s requests.

Speaking to TMI, Dr Mahathir said: “RCI doesn’t solve anything. It is just meant to point fingers and the fingers are pointed at him (Najib).

“There is no need for an RCI. He is the perpetrator, we wouldn’t have this problem if Najib wasn’t the prime minister.”

Boxpak eps increased.... From there u know muda result might be good...should buy more...

Boxpack just released their result... See the result you know whether you should hold and sell...

Lunch hour say buy...before close ask to sell...this yeeling bluffing...

ya....still can....dividend expired yesterday....so entitled...

KUALA LUMPUR (Aug 7): Datuk Ahmad Nizam Salleh, the newly appointed chairman of Petroliam Nasional Bhd (Petronas), has quit the board of construction and oil and gas outfit, WZ Satu Bhd.

In a filing to the exchange today, WZ Satu said Ahmad Nizam, 62, has resigned from his position as an independent and non-executive director in the compan, "to pursue other business opportunities".

With his resignation, Ahmad Nizam also ceased to be the chairman of WZ Satu’s remuneration committee. Ahmad Nizam has been on WZ Satu's board since April 11, 2016.

According to WZ Satu’s latest annual report, Ahmad Nizam was with Petronas corporate head office from 1981 to 1987, where he held various positions such as analyst, planner and project coordinator in corporate planning and finance sectors.

Subsequently, he held various senior positions in Petronas from 1988 to 2002, including head of crude oil group and later, group treasury. In 2004, he became managing director (MD) of Malaysia LNG Group of Companies and was promoted to vice-president, corporate services division of Petronas in 2007. From July 2010 to August 2015, he was MD of Engen Ltd, a subsidiary of Petronas in South Africa.

On Aug 1, the Prime Minister’s office announced that Ahmad Nizam would be the new Petronas chairman with immediate effect. He replaced Tan Sri Mohd Sidek Hassan, who stepped down as chairman on June 30, on completion of his extended three-year contract that began on July 1, 2015.

https://www.azrb.com/current-projects

not the first day US calling for tariffs and is totally unacceptable...China just yelling there, cant give any significant affect to US...weak China...

just a wild guess....MRCB is working hard to sell off all the building and asset to reduce debt.....to reduce bank loan and interest....perhaps they are aiming for something bigger, they need to make their position better with less debt or more free cash to run the future....

Either they will get big project such as Bandar Malaysia or HSR...and government choose to close down EDL highway which also owned by MRCB...funds transfer internally....

drop back to last early year price.....Malaysia stock market really is useless....seem like all foreign fund and panic retailer keep selling....

cut loss other stocks.....prepare cash.....standby...tomorrow drop again will buy Petron....

not to create fear.....i did brought Petron...but keep dropping....total no rebound for more than 2 weeks....if no recovery and Trump keep create fear.....the market will crush due to them....follow with huge bond debt....

tomorrow might be another drop.....DJ future drop 300 plus now......DJ go to 24500....tonight DJ will follow drop......

will buy more...problem is don't know when is the bottom...seem like no limit keep going down.....unlimited deep hole...

The problem is no more only for Petron....is the whole Malaysia market sell down....all red and drop like no tomorrow...everyone is rushing to sell their shares and run...

haha....drop like this...Petron is worthless...no ppl want....drop to RM 1 la....

drop like this...seem like the company is going to bankrupt...?? should be a limit...wait the limit...

dont buy anything now...Malaysia stock market is the worst market...totally no defend....all become toilet paper...no more rebound...just will keep going lower...

drop to PE 1 lo....then Petron use the RM 120M net cash to buy back....stupid market...earning company also drop like no tomorrow....

result released....12m net profit....eps 4.02....

PETALING JAYA (Feb 19): Property magnate Tan Sri Desmond Lim is allegedly planning to buy a 60% stake in Subang Skypark Sdn Bhd from Tan Sri Ravindran Menon and his partner Datuk Aisamar Kadil Mydin Syed Marikiah for an undisclosed sum, with intentions to redevelop the land surrounding Sultan Abdul Aziz Shah Airport in Subang, where the company has a long sub-lease concession agreement with Malaysia Airports Holdings Bhd (MAHB) to operate its city airport terminal and integrated commercial and business aviation hub, reported The Edge weekly.

While the size of the landbank surrounding the airport is unknown, MAHB’s annual report states it has a 60-year right of occupation that expires in 2066, and the airport rests on 1,122 acres.

Lim is said to be earmarking parcels within the site for low-rise development such as malls, considering that the land will not have a high plot ratio given its proximity to the airport.

It is unclear how the billionaire will proceed with the acquisition — which is said to be imminent, pending approval from the government — as he may either take up the stake privately or via his listed construction and property development group WCT Holdings Bhd, where he holds a 19.57% share, said sources.

WCT’s credentials include the Bukit Tinggi Shopping Centre in Klang, Paradigm Mall Petaling Jaya in Selangor, Paradigm Mall Johor Bahru in Johor, and the MAHB concession for gateway@klia2, which boasts a mall-within-an-airport concept.

Menon and Aisamar hold 30% each in Subang Skypark while the remaining 40% is held by Anggun Intelek Sdn Bhd, a Temasek Padu Sdn Bhd subsidiary.

Meanwhile, Lim’s other property concerns include developer Malton Bhd and Pavilion Real Estate Investment Trust.

RESULT RELEASED.....

Higher Revenue...
Higher Dividend...0.25
EPS...36.9

CIMB Equities Research described the government’s plan to expedite the construction of the Mass Rapid Transit 3 (MRT3) Circle Line in the Klang Valley as a positive surprise.

This comes as they had expected updates on project’s progress to come in after the Budget 2018’s announcement in October.

“Based on our latest checks, the full feasibility studies, including the proposed railway scheme, have largely been finalised. However, no cost estimate and alignment distance were revealed,” it said.

“We also understand that due to the coverage area of MRT 3, which will largely be within KL city, at least 70 percent of the alignment needs to be constructed underground.”

With this, the research house expects the construction cost of MRT3 to stand between RM35 billion and RM40 billion.

The estimate is based on RM1 billion cost per km for the underground portion, which is benchmarked on MRT 2, and RM500 million cost/km for the above-ground portion.

“We understand that this milestone is targeted to be achieved by mid-2018. It will then take at least another six months from Cabinet approval to project awards,” it said.

“MRT 3 will be the rail story for 2018. We believe MRT 3 could be completed two years earlier than the 2027 original completion target.”

The research house noted that aside from the MRT Sungai Buloh-Kajang line and the upcoming MRT Sungai Buloh–Serdang–Putrajaya line, MRT 3 circle line will also connect and integrate with all other urban rail systems, including the monorail and LRT.

“Maintain sector Overweight. Downside risks are election/political risks, project delays and funding difficulties,” said CIMB Research.

“While sector beneficiaries of rail contracts are broad-based, Gamuda remains our top big-cap rail play and it could emerge as the biggest winner of the RM55 billion East Coast Rail Link (ECRL) and LRT 3 underground scope in 2H 2017 and MRT 3 in 2018.”

Mass Rapid Transit Corporation (MRT Corp) announced on Friday (19 January) that one Chinese joint venture and three Malaysian consortiums have submitted bids with proposed financing packages for building the MRT Circle Line (MRT Line 3) before the tender deadline last Thursday.

“(We are) pleased with the good response to the call for turnkey tender for the circle line where the majority of the tenderers are local consortiums that have been able to fulfil the requirements in participating in this tender,” said Datuk Zohari Sulaiman, Project Director for the circle line at MRT Corp.

The lone Chinese consortium is China Communications Construction Co Ltd-China Communications Construction Co (M) Sdn Bhd JV. On the other hand, the local joint ventures consist of Sapura-TIEC, Pacific-Mudajaya-JEC and MMC-Gamuda-George Kent.

Zohari explained that the bids will be assessed based on three primary criteria – the technical aspect, the consortium’s financial standing and the proposed financing package.

One reason why MRT Corp opted to tender the MRT Line 3 project on a turnkey basis, instead of directly appointing a contractor or consortium, is to get the most favourable funding terms.

“We will try and get the lowest cost in financing. However, in the event that the financing package options are not favourable, we will revert to the old financing structure that is through DanaInfra Nasional Bhd.”

After evaluating the bids, MRT Corp will submit a recommendation to the Ministry of Finance, which will make the final decision, with the winning consortium expected to be named by Q1 2018.

Notably, the third MRT line has a length of 40 kilometres, of which 32km will be situated below ground. Aside from having 26 stations, the rail line will circle the outer edge of Kuala Lumpur City Centre and connect with Klang Valley’s urban rail network.

MRCB: Still in talks with government on EDL concession termination. Negotiations between the government and Malaysian Resources Corp (MRCB) on the termination of Johor Bahru Eastern Dispersal Link’s (EDL) concession is still ongoing, although it has stopped collecting the RM6.80 per trip toll since the start of the year. Malaysian Highway Authority (LLM) Director-General Datuk Ismail Md Salleh said recently that the Ministry of Finance is still in discussions with the highway concessionaire on terms of the mutual termination agreement. When contacted, MRCB declined to respond to queries, saying the parties are still in negotiation. A key issue involving the negotiation will be the large amount of debt the concession holders has on its books due to the EDL, which constitutes about 26% of the group’s total debt of RM3.9bn as at Sept 30, 2017, a drag on its financials. (SunBiz)

KUALA LUMPUR: Affin Hwang Capital Research estimates the infrastructure works for the Malaysian portion of the KL-Singapore High Speed Rail (HSR) could be worth RM35bil to RM40bil.

It said on Monday the project delivery partner (PDP) fee for the MRT1, MRT2 and LRT3 is based on 6% of the project cost.

“Based on the same fee structure, the Malaysian PDP for the HSR project will potentially earn net profit of RM1.60bil to RM1.82bil (applying a corporate tax rate of 24%) over the 2019-26 construction period or RM200mil to RM228m per annum (based on straight-line recognition basis),” it said.

Affin Hwang Research said based on 50:50 JV shares for Gamuda and MRCB, it estimate the potential earnings lift if the JV secures the project is 21%-24% and 63%-72% respectively in FY19E.

Assuming IJM Corp and Sunway Construction’s (Suncon) share of the PDP fee is 33% each, the potential earnings lift if the IJM Corp-Sunway Construction-Jalinan Rejang-Maltimur Resources JV wins the PDP contract is 25%-29% in FY20E for IJM Corp and 100%-114% in FY19E for Suncon.

The research house said twp major packages for the HSR project are expected to be awarded in 2018.

To recap, the PDP for the Malaysian portion of the HSR is expected to be appointed by end-1Q18 while the AssetsCo contract award is expected by end-2018.

“We believe the Gamuda-MRCB joint venture (JV) has a good chance of winning the bid for the PDP role. HSS Eng could win detailed design contracts for the HSR project.

“We remain Overweight the construction sector. Gamuda and HSS are among our top sector BUYs as potential winners for the HSR project,” it said.

KUALA LUMPUR: Affin Hwang Capital Research estimates the infrastructure works for the Malaysian portion of the KL-Singapore High Speed Rail (HSR) could be worth RM35bil to RM40bil.

It said on Monday the project delivery partner (PDP) fee for the MRT1, MRT2 and LRT3 is based on 6% of the project cost.

“Based on the same fee structure, the Malaysian PDP for the HSR project will potentially earn net profit of RM1.60bil to RM1.82bil (applying a corporate tax rate of 24%) over the 2019-26 construction period or RM200mil to RM228m per annum (based on straight-line recognition basis),” it said.

Affin Hwang Research said based on 50:50 JV shares for Gamuda and MRCB, it estimate the potential earnings lift if the JV secures the project is 21%-24% and 63%-72% respectively in FY19E.

Assuming IJM Corp and Sunway Construction’s (Suncon) share of the PDP fee is 33% each, the potential earnings lift if the IJM Corp-Sunway Construction-Jalinan Rejang-Maltimur Resources JV wins the PDP contract is 25%-29% in FY20E for IJM Corp and 100%-114% in FY19E for Suncon.

The research house said twp major packages for the HSR project are expected to be awarded in 2018.

To recap, the PDP for the Malaysian portion of the HSR is expected to be appointed by end-1Q18 while the AssetsCo contract award is expected by end-2018.

“We believe the Gamuda-MRCB joint venture (JV) has a good chance of winning the bid for the PDP role. HSS Eng could win detailed design contracts for the HSR project.

“We remain Overweight the construction sector. Gamuda and HSS are among our top sector BUYs as potential winners for the HSR project,” it said.

KUALA LUMPUR: Affin Hwang Capital Research estimates the infrastructure works for the Malaysian portion of the KL-Singapore High Speed Rail (HSR) could be worth RM35bil to RM40bil.

It said on Monday the project delivery partner (PDP) fee for the MRT1, MRT2 and LRT3 is based on 6% of the project cost.

“Based on the same fee structure, the Malaysian PDP for the HSR project will potentially earn net profit of RM1.60bil to RM1.82bil (applying a corporate tax rate of 24%) over the 2019-26 construction period or RM200mil to RM228m per annum (based on straight-line recognition basis),” it said.

Affin Hwang Research said based on 50:50 JV shares for Gamuda and MRCB, it estimate the potential earnings lift if the JV secures the project is 21%-24% and 63%-72% respectively in FY19E.

Assuming IJM Corp and Sunway Construction’s (Suncon) share of the PDP fee is 33% each, the potential earnings lift if the IJM Corp-Sunway Construction-Jalinan Rejang-Maltimur Resources JV wins the PDP contract is 25%-29% in FY20E for IJM Corp and 100%-114% in FY19E for Suncon.

The research house said twp major packages for the HSR project are expected to be awarded in 2018.

To recap, the PDP for the Malaysian portion of the HSR is expected to be appointed by end-1Q18 while the AssetsCo contract award is expected by end-2018.

“We believe the Gamuda-MRCB joint venture (JV) has a good chance of winning the bid for the PDP role. HSS Eng could win detailed design contracts for the HSR project.

“We remain Overweight the construction sector. Gamuda and HSS are among our top sector BUYs as potential winners for the HSR project,” it said.

as predicted...today and tomorrow will not up...might go lower....next week only up....buy on weakness...

Tomorrow and Friday will drop again.....next week only will start climb up....buy on weakness......

how can a net cash company and most of the share holding by directors, share in the market is less....i think Petron will up very soon if the market is good....collect...

Good idea kimpau....always appreciate your info for VS...wish all win money together....

such as good FCF and every quarters also got earning stock... drop until like this...

MSCI Equity Indexes November 2017 review (or rebalancing exercise)

most likely due to that.....next week will be another starting, hope the market will turn green...

i saw 4 times 5000 lot at RM 5.10, which mean around RM 10m....must be something very big happen to Pmetal....share split or bonus coming...

EX-date 10 Jan 2018
Entitlement date 12 Jan 2018
Entitlement time 05:00 PM
Entitlement subject Final Dividend
Entitlement description Final dividend of 1.0 sen per share

The Company wishes to announce that it has on 28 November 2017 entered into an Agreement with MRCB to co-operate with each other to secure the award as the Project Delivery Partner (“PDP”) for the project known as “Kuala Lumpur to Singapore High Speed Rail” (“Project”).

The salient information of the Agreement are as follows:

1. The interest of Gamuda and MRCB in the PDP shall be as follows:

Gamuda : 50%

MRCB : 50%

2. Upon the successful award as the PDP, Gamuda and MRCB shall enter into the relevant definitive agreement(s) to formalise the joint venture and to set out the rights and obligations of each party in the said joint venture.

Gamuda will make the necessary announcement to Bursa Malaysia as and when there is a material development in relation to the Project.

This announcement is dated 28 November 2017.

hi all.....Philippine Petron Report released.....

http://edge.pse.com.ph/companyDisclosures/form.do?cmpy_id=136

PetDag result can consider is history high.....the highest profit.....Petron will post similar result...Monday hope fly till limit up...

Monday sure fly till sky....PetDag posted very impressive result.....3 folds compare to last quarter....crack spread really proven....