infra & utilities (monopolistic business) company selling at PE below 10 and 26% of NAP......

one of the best underrated counter in bursa..........

Banks will not do well in next 2 quarter....due to lower BLR, loss in 6 months interest and increase in NPL impairment.....

And BAD management .............

Bank should NOT delay in publishing their quarterly results.....it only show that their accounting practice is weak.

Gloves counters are the biggest Bubbles in Bursa history..............

Google & Apple PE are less than 30......so are Topgloves speculators/investors consider glove manufacturing are better than Apple & Google business????

Banking industry outlook is negative....
1. Lost of 6 months interest income
2. lower BLR
3. Potentially higher NPL...
4. overall real economy is extremely BAD..

No way...backdoor government will allow Genting to open tomorrow....

History repeats itself...................When KYY bought in JAKS....the main shareholders keep selling......have u ever ask yourself...why????

2020-05-28 20:19:00 
复苏慢债务重 · 标普调低云顶评级
即时财经
（吉隆坡28日讯）标准普尔（S&P）将云顶（GENTING,3182,主板消费产品服务组)的信评由“BBB+”降低到“BBB”，展望为“负面”。

标普在报告中说，预期云顶的大马和新加坡博彩业务复苏缓慢，拉斯维加斯名胜世界（RWLV）发展进度也可能不如预期。

标普认为，云顶2020和2021财政年资本开销依然居高不下，造成该集团负债增加。

标普补充，云顶的展望负面，虽然反映了该行预期该集团未来12至24个月的负债与盈余比率可能触及降级门槛，但预期这项指标可在2022财政年之前降至3倍以下。


文章来源 ： 星洲日报 2020-05-28

2020-05-28 20:19:00 
复苏慢债务重 · 标普调低云顶评级
即时财经
（吉隆坡28日讯）标准普尔（S&P）将云顶（GENTING,3182,主板消费产品服务组)的信评由“BBB+”降低到“BBB”，展望为“负面”。

标普在报告中说，预期云顶的大马和新加坡博彩业务复苏缓慢，拉斯维加斯名胜世界（RWLV）发展进度也可能不如预期。

标普认为，云顶2020和2021财政年资本开销依然居高不下，造成该集团负债增加。

标普补充，云顶的展望负面，虽然反映了该行预期该集团未来12至24个月的负债与盈余比率可能触及降级门槛，但预期这项指标可在2022财政年之前降至3倍以下。


文章来源 ： 星洲日报 2020-05-28

Government spent too much money in last stimulus package during MCO.......may NOT have any money to invest in mega project..............

Honda also old less than 50 cars..........

Proton sold less than 50 cars in April...........

quaterly result should announce soon...wait and see..............

April & May Sales in Proton are definitely badly affected by MCO......most probably,...DRB will register huge loss.............

Manufacturing company got capacity limitation...ie: no matter how much sales increase, your maximum revenue is limited by the capacity......how can a glove manufacturer justify PE >80.....this counter is definitely NOT suitable for the investor that looking for VALUE Investing....

Manufacturing company got capacity limitation...ie: no matter how much sales increase, your maximum revenue is limited by the capacity......how can a glove manufacturer justify PE >80.....this counter is definitely NOT suitable for the investor that looking for VALUE Investing....

badly manage company will not generate good profit in long term,,,,,,this company can only suitable for speculator.....short term gain..

the company operation is practically hopeless....worst than Pos laju...Help line cannot get through...email no reply.....good in transit in their warehouse more than 10 days.....BADLY run company....

https://www.chinapress.com.my/20200403/%E7%BE%8E%E5%9B%BD%E7%9F%B3%E6%B2%B9%E5%B7%A8%E5%A4%B4-%E6%83%A0%E5%BB%B7%E7%94%B3%E8%AF%B7%E7%A0%B4%E4%BA%A7/

https://finance.sina.com.cn/stock/usstock/c/2020-04-03/doc-iimxyqwa4807945.shtml

北京时间4月3日消息，国际油价大涨，布伦特原油最高涨超40%，美油最高涨超30%。截至发稿，布伦特原油涨18.88%，美国WTI原油涨21.86%。

　　今晚原油市场到底发生了什么？时间线梳理：谁在撒谎。

　　22：25，沙特称特朗普打了电话，未披露内容。


　　22：35，特朗普发推特(23.02, -0.30, -1.29%)，说俄罗斯和沙特沟通过了，估计会大减产1000-1500万桶。

　　22：35，油价暴拉40%。

　　22：43，俄罗斯辟谣：没和沙特沟通。

　　23：26，沙特辟谣：没有减产千万的事。愿意减产100万桶意思一下。但欧佩克和非欧佩克都要跟着一起减产。最好再开个会。

　　23：30，油价涨幅回落至14%。

　　23：39，欧佩克辟谣，沙特和俄罗斯没减产协议。

　　23：51，美国能源部：美国要自己战略储油。

　　0：59，美国官员：不知道沙特俄罗斯到底咋谈的，美国不准备砍产量。

　　01：32，沙特官员：特朗普关于减产1000万桶/日及以上幅度的言论是夸张的说法。

　　01：51，沙特官员：不确定特朗普是如何得到此前那些数据，也不确定他心中有哪些国家将加入减产。

《路透社》引述美国高级官员报道，美国不会要求美国石油公司采取协调性的减产行动。此前美国总统特朗普称，预计沙地阿拉伯及俄罗斯将达成新协议，会削减日产量约1,000万桶。

该官员称，目前削减计划的细节仍然有待确定，但预计将大幅削减产量。而特朗普定於今日与美国石油公司管理层会面讨论石油市场状况，但不会要求减产，因在美国是无法作出强制性减产的要求，同时美国公司已经因应市场需求大跌而减少产量。

相关内容美国暂停购买战略石油储备 国会从2万亿救市方案剔除相关拨款

不过沙地阿拉伯及俄罗斯都表示，如果其他主要生产国不作出配合，他们难以承担平衡全球石油市场的责任。俄罗斯能源部长诺瓦克表示，俄罗斯不再计划提高产量，并表示愿意与油组(OPEC)其他生产国合作以稳定市场。而沙地阿拉伯亦已呼吁举OPEC+举行紧急会议。

该名美国高级官员表示，特朗普已多次致电沙地阿拉伯及俄罗斯以协助解决油价战，认为特朗普对事态发展感到高兴。

Oil prices will NOT improve for at least another 6 months.........................

Oil prices mixed, U.S. inventory build-up heightens oversupply concerns


TOKYO (April 1): Crude oil benchmarks opened the month mixed on Wednesday, following their biggest-ever quarterly and monthly losses, overshadowed by fears of global oversupply as data showed a bigger-than-expected rise in inventories in the United States.

Brent crude was down by 21 cents, or 0.8%, at $26.14 a barrel by 0032 GMT, while U.S. West Texas Intermediate crude was up by 27 cents, or 1.3%, at $20.75 a barrel.

U.S. crude inventories rose by 10.5 million barrels last week, far exceeding forecasts for a 4 million barrel build-up, data from industry group the American Petroleum Institute showed.

Wednesday's opening session left oil prices marooned near their lowest levels since 2002 amid the global coronavirus crisis that has brought worldwide economic slowdown and slashed oil demand. Crude futures ended the quarter down nearly 70% after record losses in March.

The bearish mood in the market wasn't improved by a rift within the Organization of the Petroleum Exporting Countries (OPEC). Saudi Arabia and other members of OPEC were unable to come to an agreement on Tuesday to meet in April to discuss sliding prices.

"It is very unlikely that OPEC, with or without Russia or the United States, will agree a sufficient volumetric solution to offset oil demand losses," BNP Paribas analyst Harry Tchilinguirian said in a report issued on Tuesday.

A Reuters survey of 40 analysts forecast Brent would average $38.76 a barrel in 2020, 36% lower than the $60.63 forecast in a February survey.

Is easy to lock down a country, but when can a country re-open?

Wuhan re-open after NO new cases for 6 days…. When do you think Malaysia can achieve that?

https://www.thestar.com.my/news/regional/2020/03/30/drop-in-china039s-new-coronavirus-cases-none-in-wuhan-for-sixth-day

Is easy to lock down a country, but when can a country re-open?

Wuhan re-open after NO new cases for 6 days…. When do you think Malaysia can achieve that?

https://www.thestar.com.my/news/regional/2020/03/30/drop-in-china039s-new-coronavirus-cases-none-in-wuhan-for-sixth-day

What is bank exposure to SME?? Please read the article below (in Chinese)

https://www.enanyang.my/news/20200331/%e4%b8%ad%e5%b0%8f%e4%bc%81%e4%b8%9a%e7%9a%84%e5%91%bc%e5%90%b8%e5%99%a8%e5%91%a2%ef%bc%9f%e7%ac%a6%e7%ad%96%e5%8b%a4/

I wonder what is Malaysia Banks exposure to oil & gas, Airlines, tourism and hotels industries?

李显龙总理作客CNN 谈新加坡抗疫经验 PM Lee on how Singapore battles against COVID-19:

https://www.youtube.com/watch?v=hyxA4az79nI
31/03/2020 12:34 PM

This Pandemic is NOT going to be a short term challenge for a countries like Malaysia that depend a lot on international trade and oil prices. Currently, most of our major trading partners have been locked down. Have we wonder when can they free the international trade and movement gain. Can they control this pandemic within months? Follow China standard, they must achieve zero infection for 7 days. Oil price is currently trade at around US20/barrel. Besides trade war between Russia and Saudi, the main reason is the world demand is extremely soft and it going to last for several months.

李显龙总理作客CNN 谈新加坡抗疫经验 PM Lee on how Singapore battles against COVID-19:

https://www.youtube.com/watch?v=hyxA4az79nI

李显龙总理作客CNN 谈新加坡抗疫经验 PM Lee on how Singapore battles against COVID-19:

https://www.youtube.com/watch?v=hyxA4az79nI

This Pandemic is NOT going to be a short term challenge for a countries like Malaysia that depend a lot on international trade and oil prices. Currently, most of our major trading partners have been locked down. Have we wonder when can they free the international trade and movement gain. Can they control this pandemic within months? Follow China standard, they must achieve zero infection for 7 days. Oil price is currently trade at around US20/barrel. Besides trade war between Russia and Saudi, the main reason is the world demand is extremely soft and it going to last for several months. Can Petronas still able to carry out its expansion plan? Have we wonder how could government finance the stimulus package ?

To me, at this juncture still encourage investors to go in O&G counters is totally irresponsible and nonsense..

I know it is unfair to others countries in the world...China, Korean and Germany need to work hard to earn foreign reserve to strengthen their currency and economy... US just need to print money...Honestly, I hope this time Covid 19 will able to screw US hard enough, until the whole world will NOT be manipulated by US anymore.

So far I dont see any consequence....After QE 1,2 & 3....Dow Jones hit 29000...US dollar remain as the strongest currency....US inflation rate remain low.. US dollars remain as "Super Dollars".....

U may see after 2 trillion stimulus package, US dollar will remain strong. Rating agency also will NOT downgrade US currency. Japan and Saudi will continue to buy US Bonds...US dollar will remain as SDR for foreign reserve....US is too BIG to FAIL...

US can print money without limit; If Malaysia print money like what US did...then 1US = RM10....or worst.....

Even EU or China cannot follow US to print money without limit....

right??

To support KYY to acquire 33%....we all should all let JAKs price go down further..ie DONT buy now....

KUALA LUMPUR (March 27): Yinson Holdings Bhd's scheduled work on an FPSO facility for the Ca Rong Do Field Development — Block 07/03 (CRD), located offshore Vietnam, has been temporarily halted due to a force majeure event.

Can similar "force majeure" event happen in Jaks vietnam power plant????

Good!!

The beauty (or advantages) of being an investor is if the BOD refuse to run professionally. we can dump their shares and move on to a better run company....right?

Look at JAKS history, the company is founded by his father and currently two executive directors are Andy and his brother... He is managing this company like running a family business. Do you think he will let KYY to control the company or sit in the board??

To CIna-man...they will never wish and able to run the company in professional way. KYY might as well forget about this company and move on....

I got nothing against KYY... I just try to analyse the situation and believe that is just a matter of times. KYY will definitely selling off his 30% shares holding as:

1. Looks at his previous comment on CEO...

I have asked for board representation a couple of times before but the CEO Andy said that the board of directors rejected my request which made me more suspicious. They must have some things to hide from me?

2. JAKS keep issue private placement to dollute his shareholding, prevent him from entering the board

3. Vietnam power plant deal with China contractor is NOT a "straight forward" deal, there are some "secret' understanding or corporate secret and etc between JAKS and China contractor. In order to keep it in p&c, Outsiders should not be in the BOD.....Just guessing!....

KYY being experience investor and businessman should realize that he can no longer invest this company for long term, to enjoy the benefits of Vietnam power plant. Thus, the only logical move is to divest the 30% shareholding in JAKS...

Thus, we must NOT hope that KYY will continue to support JAKS share price....

issac99289928 since ceo does everything to fend off KYY . the option left is exit plan.

True..... KYY will definitely exit...but when and how?

When and how?..... He will exit slowly to avoid free fall....and he got 30% ....not small quantity...

TeamRocket : I think jaks is hiding something, they eating money in the company.they eat shareholder money!

Most probably.... they are hiding something....if not why they dont let KYY representative to sit in the BOD and call for private placement and not right issue...right?

To me, super investor and Mr. Ang (JAKS CEO) are already face off...but try keep it behind the scene....