today is MSCI Rebalancing day , market is going to be very volatile after 4pm.

giving less dividend?

FY Total Dividends (RM Billion)/ DPS (sen)
2022 3.2998 / 17
2021 2.9504 / 15.2
2020 2.5234 / 13
2019 2.834 / 14.6
2018 2.6787 / 13.8
2017 2.3555 / 12.2
2016 2.2397 / 11.6
2015 2.1624 / 11.2
2014 2.0831 / 10.8
2013 1.8211 / 10.4

has been excluded from the syariah-compliant list. But the fundaments is not affected

https://www.sc.com.my/api/documentms/download.ashx?id=e6cffd45-ccdc-42f5-ac1c-d10d670e86bd

I believe that's exactly what they want to do but government message is very clear, once consumer is complaning about the shortage of normal sugar supply.

both MSM and CSR will kena


in the case consumer prefer this new premium sugar than normal one, I think MSM will turn around very soon

2nd reminder : no change for existing retail ceiling price of RM2.85/kg (coarse sugar) and RM2.95/kg (refined sugar) !

please be reminded that fine white sugar <> refined sugar

Govt allows sugar operators to sell fine white sugar at floating price from May 25

https://theedgemalaysia.com/node/668503

how much local fund can support?

look at its 1Q earnings , such terrible result !

latest AGM Minutes:

https://unitedplantations.com/wp-content/uploads/2023/05/Minutes-of-102ndAGM27-April-2023.pdf

keep seeing DXN advertising its IPO in various newspaper

i guess , IGB REIT share price drop could be due to the following AND NOT BECAUSE OF THIS FIRE ISSUE

https://app2.msci.com/eqb/gimi/smallcap/MSCI_May23_SCPublicList.pdf

change name From IPOWER to INSTACO , then to VIVOCOM , then VINVEST

If inari drop out as KLCI constituent due for a semi-annual review, then the KLCI component will back to 10 / 20 yrs ago old economic model likes Banks, Petronas link, Telco, Plantation and Utilizes.

Hapseng will be removed from the MSCI Global Standard Indexes, affected ?

provision of RM7.31 million in impairment !!

Axis REIT provides RM7m impairment as tenant Yongnam defaults on rental
https://www.theedgemarkets.com/node/666028

@Dato, you should put the sources of the news/rumor.

as you know, most of the Malaysian didn't subscribe for the online Epaper either The Edge Malaysia, The Star, NST, Sinchew, Chinapress or Nanyang

as usual , the particular company will make an announcement either on Mon or Tue after the edge weekly reported all those news

Beware of its QoQ Revenue -12% to RM 460m and PAT – 30% to RM 112.5m

kindly share the AGM highlights to us. Tq

*Utilisation of proceeds*
The cash proceeds to be generated from the Proposed Disposal are intended to be utilised *for general
corporate and investment purposes*, including the funding of future investments as and when they arise.

Here are the Q&A during Tuesday AGM
1. https://www.petronas.com/pcg/sites/default/files/2023-04/Reply%20Letter%20to%20MSWG%20-%20PETRONAS%20Chemicals%20Group%20Berhad.pdf
2. https://www.petronas.com/pcg/sites/default/files/2023-04/Answers%20Script%20for%2025th%20PCG%20AGM%20QnA_For%20Upload%20(FINAL).pdf

Any Setel Voucher give to shareholder during today AGM? How Much?
Heard that their product price in 2023 are expected to be lower vs 2022 prices

https://www.reuters.com/article/japan-casino-osaka/japan-pm-kishida-says-to-approve-osaka-as-site-of-casino-resort-jiji-idINL1N36G0JI

from this enanyang said "云顶持有73.6%云顶新加坡股权?" confirm boh?

who was new director appointed on 1/6/2022?
Is there any purpose to subscribe 47.01m LKL Rights Share?

Would concept of PM be something like苏州工业园区(Suzhou Industrial Park) or 天津生态城( Tianjin Eco-city, SSTEC) ?

any idea what kind of project to be announced? Infra? Chipset? EV? AI? Data Centre? Aerospace? Petrochemical?

Online Questions 3

https://unitedplantations.com/wp-content/uploads/2021/05/Minutes-of-AGM-22-April-2021-.pdf

https://www.nst.com.my/news/nation/2023/03/892419/govt-ends-puspakom-monopoly-vehicle-inspections

This is the first time in 25 years that rapeseed oil is priced at a discount to palm oil, which is typically the cheapest oil among the four main oils (rapeseed, palm, sunflower and soybean oils). Palm oil prices also typically act as a reference point for market players to make decisions on substitution among the main oils.

https://www.mintecglobal.com/top-stories/rapeseed-oil-is-cheaper-than-palm-oil-for-the-first-time-in-25-years-as-supply-glut-intensifies

such world class listed company, i wonder why no fund is buying ?

https://www.theedgemarkets.com/node/660356

what is the total borrowings and net gearing for Pos Malaysia? based on the total equity of RM 646.3m, if company continue to have net realised loss of RM 160m per year, what will happens after 3years?

how many of unit trust in malaysia still holding this counter?

normal practice for saboteur is to let that 17.7% shareholding to below 10% by a series of corporate exercise, then again, right issue, private placement........macam macam to let it below 5%

The First Time Ever I Saw in Bursa Announcement for the reason of the resignation!!

Change in Boardroom
Date of change 20 Mar 2023
Name MR NG SHIH FANG, NG SHIH CHIOW
Designation Executive Director
Type of change Resignation
Reason: *Due to he does not want to be in the same Board of Directors with the current directors*

Malaysian Association of Tour and Travel Agents (MATTA) Fair 2023 sentiment need to tangkap?

you see analyst is like that, few days ago when KLCI below 1400, all quiet like Meow . Now above 1400, all come out to talk. Remember , to SELL on Strength when you bought at low!

How to find a company's new /old name?

1. Recent Change of Name
https://www.bursamalaysia.com/trade/trading_resources/listing_directory/change_of_name

*Or*
2. https://www.bursamalaysia.com/market_information/announcements/company_announcement , go to *Keyword*, type “Change of Name”

Others Popular keyword Search :
*1. Boardroom / Principal / Changes in Director's Interest*
*2. Rights Issue / Private Placement / Multiple proposals*
*3. Unusual*
4. Trading halt/ Suspension / Default
5. Opinion
6. Practice Note 17 / Guidance Note 3 : First Announcement / Admission
7. Transaction

*very important keyword

do you think government will let it raise the sugar price at the moment? this "news" have been talk since last year May

Currently in Malaysia, the banking business can be considered as the most profitable
industry in view of its low Cost-To-Income ratio(CI) of approximately 44%! ( Public bank FY2022 CI 31.5% vs Industry CI 44.2%)

Financial Services sector has the biggest index weightage in FBM KLCI, without pushing banking stock, do you think KLCI can rebound to 1,500pts?
It is been 100days+ since new Unity Government cabinet is formed, no face if KLCI below 1,400! I guess, local Institutional fund will perform their Corporate Social Responsibility duty to push KLCI back to around 1,500-level , so that everyone is happy!

https://thecorporatesecret.com/blog/2023/03/14/mafia-korporat-victor-chin-isteri-rampas-caely-berhad-pengerusi-sc-bursa-malaysia-bersubahat/

Regulator act very fast .......

https://www.theedgemarkets.com/node/659044

Bursa queries BSL Corp on share price drop

buy on weakness and sell on strength. don't listen to those analyst and economist

1. https://www.publicbankgroup.com/PDF/Investor-Relations/AGM/2022/PS-on-PBB-Groups-Performance-in-2021.aspx
2. https://www.theasianbanker.com/ab500/2018-2019/strongest-banks-asia-pacific

Public Bank : almost strongest bank in Asia

total how many bank in USA? What's the ranking for SVB?
Total how many local bank in Malaysia? what's the Maybank and Public bank size?
Which Malaysia commercial bank's loan is comprised of 56% to venture capital and private equity firms?

@ whistlebower99 , just to add on their “old name”

(old Name)

(FASTRAK) -> VSOLAR
(LITESPD) -> EDUSPEC
(HUAAN) -> TECHNAX
(MEDAINC) -> MERIDIAN
(PSIPTEK) - > AGES
(IDMENSN) -> EVD
(NEXTNAT) -> NEXGRAM
(BIOOSMO) -> IMPIANA
(TECFAST)-> FAST
PORTRAD -> (OMEDIA) -> ACCSOFT -> LAMBO
(TMS) -> SKH -> VC(VORTEX CONSOLIDATED) -> HM(HARVEST MIRACLE)
(ETITECH) -> TRIVE
(IPOWER) -> INSTACO -> VIVOCOM -> VINVEST
GLOSOFT -> (AGLOBAL) -> NETX

https://guangming.com.my/%E8%AD%A6%E8%AD%89%E5%AF%A6%E6%9F%A5%E5%8F%AF%E4%BA%BA%E5%85%92%E6%B6%89%E6%8C%AA%E7%94%A8%E8%B3%87%E9%87%91-%E5%A0%B1%E5%91%8A%E5%91%88%E5%89%AF%E6%AA%A2%E5%AF%9F%E5%8F%B8%E5%AE%9A%E5%A5%AA