yeah...this is just panic selling

“We wish to reaffirm that there has been no falsification of any bollard pull certificates in relation to any of the vessels of the company.

“Bollard pull certificates are issued upon completion of tests conducted by the owner and witnessed by an independent assessment company such as Bureau Veritas (BV) following complete construction of a vessel. Bollard pull certificates issued do not have expiry dates,” Icon Offshore said in a statement dated June 11, 2014.

yeah yeah...pls sell...heheh...PETRONAS is national pride...nothing is gonna happen

whoa shit...another big block kena sapuu

timie...haha let them talk la...oil price rebounding...this is buying opportunity...

vendor selection process involves a panel of evaluators!...this is not AhPek Sdn Bhd in shoplot

bro...big companies like PETRONAS has vendor selection process!..all are listed companies..

contracts sure remain la...macc is individual...nothing to do with the company! revenue still intact

means last chance to buy cheap!

yes timie....they sapuu all the panic seller...got money donwan ah u think...its a good buying opportunity...

its the lowest...anyone selling now quickly buy...because all those selling now are selling at a loss..!

yes timie I saw that...they are buying ...

institutional funds buying ...just because of this knee jerk reaction... ekuinas wont die wan la

wahhh very attractive hehe

http://www.theedgemarkets.com/my/article/no-dividend-next-2%E2%80%933-years-says-ecoworld

No dividend for next 2–3 years, says EcoWorld

KUALA LUMPUR: From May 2, employers renewing foreign worker permits need not pay RM35 for MyEG services, said Datuk Dr Wee Ka Siong (pic).

The Minister in the Prime Minister's Department said the Cabinet decided this two days ago.

According to him, the Government would bear the cost by paying MyEG their service fee from the RM125 levy collected from employers.

"Now, employers will not have to pay additional charges (to get their worker permits approved)," Dr Wee told reporters at the Putra World Trade Centre on Thursday.

Dr Wee also said that over-the-counter renewals at Immigration departments would be continued.

"This will solve the whole issue faced by the industry," he added.

yes of course

hahah yeah panic selling

Jeremy...old news la...

oil price is rebounding!....heheh..

http://www.theedgemarkets.com/my/article/icon-falls-active-trade-after-macc-remands-ceo-coo

KUALA LUMPUR (April 23): Shares of Icon Offshore Bhd ( Financial Dashboard) fell in active trade this morning after The Malaysian Anti-Corruption Commission remanded the company’s chief executive officer (CEO) Dr Jamal Yusof and his brother, chief operating officer (COO) Rahman Yusof, to “facilitate and assist [in] investigations” currently being conducted by the anti-corruption agency.

At 9.11am, Icon lost 6.5 sen to 62 sen with 13.62 million shares traded.

However, Icon Offshore, in a statement to Bursa Malaysia yesterday, said it is not aware of the “details of the nature of the investigations or their status”.

The Edge Financial Daily this morning reported that the company said it was committed to upholding the company’s corporate values that promote integrity throughout the entire company.

Icon Offshore also said it has a code of conduct that places a high priority on upholding high ethical standards.

“The board takes serious exception to any breaches in policies and integrity, and will not hesitate to take appropriate actions if necessary. We will continue to monitor the situation and any material development shall be announced,” it said.

buy!...lowest in history

0.625.....big block all sapu man...

PETRONAS would have done background check before awarding contracts to vendor la...duh...

business still intact....good buying opportunity....

LIMITING UP SOON...CONGRATS TO THOSE WHO BELIEVE !!! 1st TP 1.50 near term....mid term RM2.00....long term RM 3.00

chart looks very bearish indeed...selling on strength

luckily cutloss at 2.12

roti canai can fly??...haha

http://www.thestar.com.my/News/Nation/2015/04/19/Muhyiddin-to-Mahathir-truth/

http://www.thestar.com.my/News/Nation/2015/04/19/Dr-Mahathir-on-opposition/

http://www.thestar.com.my/News/Nation/2015/04/18/Mahathir-on-Najib-1MDB-Umno/

HIDUP HIDUP

opcom will fly soon....1st TP 1.50....then with HSBB announcement....RM3.00....STAY TUNE

losing money counter still reliable??... haha

tomoro sapu opcom somemore

going to move higher next week...weak holders already flushed out

read the edge this week...KKB FAIR VALUE 2.05...with more projects coming from CMSB

its already approved...just pending release as the report is dated older...

GET READY FOR BREAKOUT

suria is the big beneficiary of the jesselton project .. more upside to come soon
http://www.bursamarketplace.com/index.php?ch=44&pg=158&ac=8463&bb=research_article_pdf

okie thanks lmseng

how to apply the DRP?

this batu kawan land for MBSB or Ecoworld nie?

HIDUP HIDUP ...HIDUP MMM

SURIA GOING TO BREAKOUT HIGH !...as they are the beneficiary

http://klse.i3investor.com/blogs/the_edge_insider_asia_stock/72774.jsp

DESPITE its high CAPEX requirement and sensitivity to economic cycles, Suria (fundamental: 2.3/3; valuation: 1.8/3) generates steady cash flows. A key catalyst going forward would be the long-awaited Jesselton Quay project.

After selling its financial services business in 2003, Suria secured a 30-year port concession to manage major ports in Sabah the following year. Predominantly an Import/Export port operator, Suria’s cargo volume is closely correlated to Sabah’s economy and, in particular, palm oil exports.

While revenue fluctuated within a 10% band over past five years, Suria managed to maintain gross margin at over 40%. Revenue for 2014 rose 4.2% y-y on the back of 7% increase in container volume, although earnings dipped 3.9% due to higher operating costs.

In 2013, the company signed a JV agreement with SBC Corp Bhd (SBC) ( Financial Dashboard) to develop the Jesselton Quay project — a waterfront mixed development project worth RM1.8 billion — in Kota Kinabalu. In return for its land, Suria would receive a minimum guaranteed RM324 million from SBC over the 8-year development period. Approval for the project is expected by mid-2015.

The port operator is majority-owned by the Sabah state government (51.6%) while institutional investors collectively hold another 19.2%.

Suria has a strong balance sheet with net cash of RM75.0 million, or 26.5 sen per share. Net margin and ROE for 2014 stood at 20.2% and 6.8%, respectively.

Suria currently trades at below-average valuations, trailing P/E of 11.8 times and 0.8 times book. In comparison, Bintulu Port, Westports and Integrax all trade at trailing P/E of above 20 times.

Suria has a minimum 35% dividend payout policy. An interim dividend of 3 sen per share for 2014 was paid in December. Total dividends ranged from 6 to 7 sen per share from 2011 to 2013, translating into a yield of 2.6% to 3.0%.

today last chance to buy low....

wahhhh....niceee la......hehehe so happy can buy more today :))

yup...profit taking time...after that limit higher

oo...it drop so beautifully...filling in my bucket...kikiki...ring no need to explain to them la...let them sell...

selling on strength for oil and gas

Dividend: RM120
Recently MBSB has been successful to press down the stock price to allow the merger with Bank Islam to go through pending Bank Negara's approval.

Why?
At current stock price 2.24, the dividend yield is 5.35%
With this, even if MBSB price tomorrow shoots up to 2.50, the dividend yield is still 4.8%
This is so much more than FD rates.

Therefore, investor will buy MBSB tomorrow until 2.50, then once exercise dividend it is another buying opportunity...because the merger price based on previous evaluation is at least RM 2.80

This will be a double bonus for MBSB investor tomorrow....wait for LIMIT UP tomorrow morning!

1st TP: 2.50
2nd TP: 2.80 (conservatively merger take over deal)

Buy or Don't buy? you make the call....

http://www.thestar.com.my/Business/Business-News/2015/04/15/Damansara-Realty-amends-profit-to-loss/?style=biz

KUALA LUMPUR: Damansara Realty Bhd (D Bhd) made a loss for the financial year ended Dec 31, 2014, not a profit as announced in its recent quarterly unaudited results report to Bursa Malaysia.

The Johor-based developer told the exchange on Wednesday that it did not record a net profit after tax of RM3.035mil; instead, it incurred a net loss after tax of RM4.505mil.

It said that as advised by its extenal auditors and based on the Malaysian Financial Reporting Standards 118, the revenue of “certain property sales” of its unit, Damansara Realty (Johor) Sdn Bhd, could only be recognised in the current financial year.
D Bhd had recorded a net profit after tax of RM8.95mil in 2013.

The counter closed unchanged on Wednesday at 91.5 sen.