US dollar tumbles on bets Trump holds off on immediate tariffs

The dollar fell as Donald Trump was sworn in as US president, with traders betting that he’d hold off on implementing aggressive tariffs immediately after his Inauguration.

Foreign funds is too underestimate the local funds and local retailers buying power !

4.26 now

analyst never call take-profit when price is going up, hence we have to buy when they warns here and there.

US to Push TSMC and Samsung to Tighten Flow of Chips to China
*Guidelines aim to push chipmakers’ due diligence on China
* Rules are response to TSMC chips going to blacklisted company

The US plans to unveil more regulations aimed at keeping advanced chips made by Taiwan Semiconductor Manufacturing Co. and other producers from flowing to China, part of a flurry of measures introduced by the Biden administration during its final days in office.

The latest measures would seek to encourage chip producers like TSMC, Samsung Electronics Co. and Intel Corp. to more carefully scrutinize customers and increase due diligence, according to people familiar with the matter. The changes follow an incident where TSMC-made chips were secretly diverted to the blacklisted Chinese company Huawei Technologies Co.

https://www.bloomberg.com/news/articles/2025-01-15/us-to-push-tsmc-and-samsung-to-tighten-flow-of-chips-to-china

For the Bumi portion, oversubscription by 22.2X.
For the public portion, oversubscription rate of 97.7X

Overall oversubscription rate of 60X

https://www.reuters.com/world/asia-pacific/thai-cabinet-approves-draft-law-legalise-casinos-gambling-pm-says-2025-01-13/

Oriental Kopi IPO Valuation May Exceed 60 Cents

Cafe chain operator Oriental Kopi Holdings Bhd (KOPI, 0338) which is set to list on the ACE Market on Jan 23 at an IPO of RM 0.44 per share, has bring in positive sentiment from analysts for its future expansion plans and growth potential. Analysts have issued target prices exceeding RM 0.60 , reflecting higher market expectations.
For the target prices of this IPO, TA Securities has set it at RM 0.62, while Mercury Securities has provided a higher target of RM 0.68, implying a premium potential of 41% and 54.5%, respectively.
Oriental Kopi has established a dividend policy to allocate 30% of its net profit for dividends. Analysts thus predict dividend yields of 2.5%, 2.8%, and 3.1% for the FY2025 to 2027.

https://www.enanyang.my/node/644745

any related to wind power after Trump calls wind turbines 'garbage'?

any target price ?

https://www.straitstimes.com/asia/se-asia/malaysia-cabinet-to-deliberate-way-forward-for-stalled-hsr-but-lack-of-funds-still-the-biggest-snag

R1: 3.90,
R2: 4.04,
R3: who can share?

any closing today@ 4.50pm ? close high @ RM 4?

Effective Monday, December 24, Genting will no longer be part of the 30-stock KLCI index. Hope funds throw all the way down b4 the market closes today .

PPB's share price closely follows Wilmar's performance, YTD Wilmar share price -13.9% [PPB -15.3%]

UP hits fresh record intraday high at RM 33.48!

Macquarie bidding for Axiata's 63%-owned telecom infrastructure unit edotco — Bloomberg

Macquarie Asset Management Pty Ltd has submitted a bid to buy Axiata telecommunications infrastructure unit, in a transaction that could value it at about US$3.5 billion (RM15.6 billion), according to people with knowledge of the matter.

https://theedgemalaysia.com/node/737636

I strongly believe market has price in the negative news of Genting, potential to rebound once Bursa has official announce it.

last Quadruple witching days for this year is on December 20, 2024. Investor/fund may take the opportunity to rebalancing on that day

Inclusions

99 Speed Mart
Gamuda

Exclusions
Genting
Genting Malaysia


Reserve List
AMMB
Genting
Malaysia Airports
United Plantations
Westports Holdings

https://agbrief.com/news/singapore/19/11/2024/resorts-world-sentosa-casino-license-extended-for-just-2-years-unsatisfactory-performance-and-need-for-substantial-improvement/

the momentum of rebound is strong.

rebound

Japan stocks plunge 5%( -1,906pts )

Those beverages sold on the roadside that are made from concentrated "fruit juice" and "syrup" are terrifying: there are flavors like "apple", "fresh orange", "watermelon", "lemon", "strawberry", "grape", "peach", "mango", "lime", "passion fruit", "lychee", "sarsi", "rose"... Many people call them "foot-cutting drinks".

Govt events to cut sugar content in drinks by 50%

https://www.nst.com.my/news/nation/2024/08/1085053/govt-events-cut-sugar-content-drinks-50pc

EG Industries secures US$117m purchase order for 5G photonics related products
Who is this Customer C?
https://theedgemalaysia.com/node/719623

U Mobile news?

Today Sin Chew headline saying Kedah's failure to renew NFO license is unconstitutional, 3 NFO representatives win the case?

any broker demanding cash upfront to buy this counter?

SC sues Yu Kuan Chon over alleged market rigging, manipulation

https://theedgemalaysia.com/node/716904

https://www.bernama.com/en/news.php?id=2310958

SALE OF MAHB SHARES AMONG HIGHLIGHTS AT DEWAN RAKYAT SITTING TODAY

When a thing is given too much attention, too high expectations, and too heavy value, it is not far from disillusionment.

Whenever a new trend appears, many companies rush to join in; however, when the trend fades, these companies often decline as well.

Minutes of the AGM 24/04/2024

https://unitedplantations.com/wp-content/uploads/2024/05/Minutes-of-Meeting-24-April-2024.pdf

MSCI Small Cap May 2024 Index Review

MSCI MALAYSIA INDEX
Additions
MAH SING
OSK

Deletions
ASTRO
MAGNUM
TSH

anyone have the details for the following? kindly share.

from The Edge Malaysia Weekly : "Kuchai shareholders missed out on bonanza by a mere two days "

last week Pchem AGM MSWG and Shareholders Q&A :

1. https://www.petronas.com/pcg/sites/default/files/2024-03/Reply%20Letter%20to%20MSWG%20-%20PETRONAS%20Chemicals%20Group%20Berhad.pdf
2. https://www.petronas.com/pcg/sites/default/files/2024-04/Answers%20Script%20for%2026th%20PCG%20AGM%20QnA_For%20Upload.pdf

Saudi-based ACWA Power keen on investing over US$10b in M'sia, in collaboration with Cypark
https://theedgemalaysia.com/node/709776

Malaysia in talks with Berjaya and Genting over potential casino in Forest City
https://agbrief.com/news/malaysia/25/04/2024/malaysia-in-talks-with-berjaya-and-genting-over-potential-casino-in-forest-city/

but PAT -34% QoQ

Nescafe 7% price hike ; Milo 10% !

https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E3%80%90%E7%8B%AC%E5%AE%B6%E3%80%91%E5%92%96%E5%95%A1%E8%B6%8A%E6%9D%A5%E8%B6%8A%E8%B4%B5-nescafe%E6%B6%A87

https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E3%80%90%E7%8B%AC%E5%AE%B6%E3%80%91%E9%9A%BE%E6%8A%B5%E5%8F%AF%E5%8F%AF%E8%B1%86%E9%A3%99%E9%AB%98-milo-7%E6%9C%88%E5%A4%A7%E6%B6%A810

all-time High

the 1Q financial results is on 24/04, exactly after AGM.....

Vincent Tan said to weigh taking Berjaya Food private

https://theedgemalaysia.com/node/707505

Genting Malaysia pledges US$1b in taxes to win New York City casino licence

https://theedgemalaysia.com/node/707281

which plantation company have minimal(or 0%) forward sales positions?

today is Quadruple witching days , some of the counter could be volatile during the last minutes before the market closes

star899, https://exsim.com.my/press-release-exsim-hospitality-holdings-sdn-bhd-acquiring-pan-malaysia-holdings-berhards-shares/

need more working capital to fund these projects. let say 10%, need at least RM 540 Million.

final dividend of 70sen per share + special single tier dividend of 40sen per share = total RM 1.10