firehawk

firehawk | Joined since 2014-10-05

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News & Blogs

2022-07-03 22:36 | Report Abuse

Hope Malaysia can get a DPM soon .....

Muhyiddin said Bersatu and PAS have decided to use the PN logo in the 15th general election (GE15) .... hope PAS will not pull out later ......

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2022-07-01 20:24 | Report Abuse

Pursuant to the SSPA dated 6 October 2021 and the Supplemental SSPA dated 2 December 2021 entered into between the Company and Insas, the Conditions Precedent shall be satisfied within nine (9) months commencing from the date of the SSPA, i.e. 5 July 2022. On behalf of the Board, Malacca Securities wishes to announce that the Company and Insas had on 1 July 2022, mutually agreed to extend the Conditional Period by an additional six (6) months to a period no later than 4 January 2023 to fulfill the Conditions Precedent

Mr Thong will not let u to earn so easy ..... ;-)

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2022-06-30 21:26 | Report Abuse

Really push down for cheaper GO price?

News & Blogs

2022-06-28 23:18 | Report Abuse

p/s, don't believe too much on indicator /signal .... not always work ......

News & Blogs

2022-06-28 23:08 | Report Abuse

Not long ago, 2020 March, it was a crash happened, wasn't it? I think many learned from the experience 2 years ago.

My lesson learned was, when come to crash, people just threw at any price, that you don't believe (may be caused by margin-call) ...... by then, my largest holding was BIMB-WA, it was a corporate exercise to buy back @0.25sen, but the corporate exercise needed BNM approval, due to covid and reduced work force, BNM kept on delay ...... the price dropped to 12.5sen, it was 100% gain for a almost sure bet (just waiting for approval needed, unless it was not approved). Finally, BIMB paid 38sen for each of the BIMB-WA, to compensate the delay, those but at low price enjoyed >100%, even 200% gain ........

A true experience not long ago, what impressed me was not the high return, but how people just threw their holding at whatever price ..... now, US enter to the unprecedented era, which is the consequences of their over done quantitative easing for years, now they need to rise the interest rate and tighten the liquidity, how severe the crash will be? would it be more serious than 2020 March? who can give a suggestion?

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2022-06-25 00:39 | Report Abuse

FFavco declares lucrative dividends, one after another, bcos most off the money goes to their pockets (besides Muhhibah) ..... Muhhibah SH don't get any (bcos more retailers in this ctr), in contrast, asked money from SH through RI (while not compelling for cash), share price dipped to breach RI price, this would even hurt those subscribed for RI ......

not only manipulate market price but enhance with company events .... price will only goes up when retailers give up ......

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2022-06-23 22:07 | Report Abuse

From Q3 report,
In conjunction with the amendments/variations to the SSPA, the Board had on 2 December 2021 also announced that the Company proposes to distribute: -
RM0.07 per SYF Share on an entitlement date to be determined and announced at a later date immediately after the completion of the Proposed Disposal of Furniture Business.
The said distribution of RM0.07 per SYF Share or RM39,821,111 in total (calculated based on 568,873,012 existing SYF Shares (excluding treasury shares)) will be undertaken by way of a special dividend or capital repayment or a combination of both and funded from the proceeds of the Proposed Disposal of Furniture Business; and The Proposed Acquisition, Proposed Rights Issue, Proposed Restricted Issue, Proposed Exemption and Proposed Change of Name are conditional upon the completion of the Proposed Disposals. The Proposed Special Dividend and/or Capital Repayment including the Proposed Special Dividend and/or Capital Repayment 2 is conditional upon the completion of the Proposed Disposal of Furniture Business, and again, upon the completion of Proposed Disposal of Freehold Land, but it is not conditional upon the Proposed Acquisition, Proposed Rights Issue, Proposed Restricted Issue, Proposed Exemption and Proposed Change of Name.

The remaining RM0.11 per SYF Share on an entitlement date to be determined and announced at a later date after the completion of the Proposed Disposal of Freehold Land.
The said distribution of RM0.11 per SYF Share or RM62,576,031 in total (calculated based on 568,873,012 existing SYF Shares (excluding treasury shares)) will be undertaken by way of a special dividend or capital repayment or a combination of both and funded from the proceeds of the Proposed Disposal of Freehold Land and internal generated funds of SYF (“Proposed Special Dividend and/or Capital Repayment 2”).

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2022-06-23 16:06 | Report Abuse

margin call? even @0.25

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2022-06-23 15:49 | Report Abuse

dragging too long .... some people cut loss @0.26

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News & Blogs

2022-06-18 19:42 | Report Abuse

strong usd would slump all commodities .....

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2022-06-17 23:04 | Report Abuse

today, short selling cannot earned money :-)
IDSS Value (RM) 568,450
Volume 1,801,100

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2022-06-17 09:17 | Report Abuse

Mr Loo is a very clever person ......

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2022-06-16 15:33 | Report Abuse

directors pls ask syed mokhtar to take over like MMC

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2022-06-16 15:22 | Report Abuse

what happened? good deal causes price drops?

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2022-06-16 15:14 | Report Abuse

ipo@1.03, half year drops to 0.515 ..... half of the investment gone
investors are conned even start from ipo onward .....

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2022-06-15 23:49 | Report Abuse

hopefully .... major shareholder with high % of shareholding is even better, the shareholding now is too scattered,the major SH, Daud only holds 6.76% .....。 or someone pls make a voluntary offer @0.50 to take over the co. :D

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2022-06-13 23:24 | Report Abuse

Ennova has given SCIB a contract to build and operate 200 lamp posts on behalf of the company from June 2022 until May 2023.

so, the contract is btw Ennova and SCIB .... so, is Ennova fixes the value of contract .....
Ennova Sdn Bhd — 100% Bumiputera owned, was established on 24 May 2011 as an IT Engineering-based company.

anyway, thank YB Lim brought up the issue, investors know how high value contract was received now :-)

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2022-06-13 23:01 | Report Abuse

-8.83% in one day .... speechless .....

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2022-06-13 08:39 | Report Abuse

ipo@1.03? half year drops to 0.63?
fantastic!!

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2022-06-09 15:23 | Report Abuse

infoSeek rgds to the above info. seems ok .

Full year 2021 vs 2020 -
Revenue up by 3.65% ;
Net Worth up by 66.28% ;
Share Dilution up by 20.78%

hope the recent acquisition starting to bear fruit ...

stock price now = ~$0.50
for 2021 ( DPS 2.24 cents ) Dividend Return ~4.4%
for 2020 ( DPS 3.95 cents ) Dividend Return ~7.7%
for 2019 ( DPS 5.00 cents ) Dividend Return ~10%

data from i3investor
29/04/2022 2:11 PM
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top up more?

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2022-06-07 09:39 | Report Abuse

the privatization would probably go through, but will take at least half year to complete ....

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2022-06-07 09:16 | Report Abuse

those bought At 1.45, 1.46, 1.47 this morning, would probably regret later .... bcos they can buy much lower later ....

News & Blogs

2022-06-06 23:57 | Report Abuse

higher education enable them to perform corruption in more subtle way and they think they can deceive all others ... but only the lower level of rakyat

News & Blogs

2022-06-06 20:13 | Report Abuse

All are good in rhetoric ... the one most pandai to talk is the one most corrupted ....

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2022-06-06 06:41 | Report Abuse

Cypark or Malakoff? which one is more worthy to buy now?

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2022-06-02 21:55 | Report Abuse

nice rebound !!

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2022-05-31 21:58 | Report Abuse

True recovery stock .....

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2022-05-31 17:58 | Report Abuse

bought a little too :-)

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2022-05-31 17:29 | Report Abuse

queue @2.75 done @2.81, what a surprise :D

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2022-05-30 23:01 | Report Abuse

Ha Ha !!
Dun know how many retailers were inspired by Jalil R10.00 .... if it can be materialized even 10%, already very Huat loh ....

Now, he just fled and left over all the messy ....

News & Blogs

2022-05-28 18:51 | Report Abuse

Wasn't he appointed minister of finance by Muhiyddin Yassin?

Would Muhiyddin regret?

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2022-05-27 17:15 | Report Abuse

yes, has been a hidden gem .... since 10 yrs ago :-)

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2022-05-27 16:24 | Report Abuse

On behalf of the Board of Directors of LTKM (“Board”), M & A Securities Sdn Bhd wishes to announce the following:
(a) the Company, had on 8 April 2022 entered into a heads of agreement (“HOA”) with Ladang Ternakan Kelang Sdn Bhd (“LTKSB”) to dispose its equity interest in the following subsidiaries to LTKSB for a total cash disposal consideration of RM158.83 million.

(b) the Company proposes to undertake a proposed special dividend cum capital repayment of RM1.1098 per ordinary share in LTKM (“LTKM Share(s)” or “Share(s)”) on an entitlement date to be determined and announced at a later date.

(c) the Company proposes to consolidate 2 existing LTKM Shares into 1 LTKM Share after the Proposed Special Dividend cum Capital Repayment;

(d) the Company, had on 8 April 2022 entered into a share sale agreement (“SSA”) with Chai Voon Sun, Gurmakh Singh A/L Ajmer Singh, Wee Thian Song, Divine Inventions Sdn Bhd and Proven Venture Sdn Bhd (collectively, “Vendors”) for the acquisition of 1,000,000 ordinary shares in Local Assembly Sdn Bhd (“Local Assembly”) representing 100.0% equity interest in Local Assembly from the Vendors for a total purchase consideration of RM336.00 million to be satisfied by way of cash of RM100.0 million and issuance of 393,333,333 new LTKM Shares at an issue price of RM0.60 each;

(e) the Company proposes to undertake a proposed restricted issue of 230,000,000 new LTKM Shares, representing 33.1% of the enlarged share capital of LTKM after the Proposals to investors to be identified;

(f) the Company proposes to seek for an exemption under Paragraph 4.08(1)(a) of the Rules on Take-overs, Mergers and Compulsory Acquisitions (“Rules”) for the Vendors and their persons acting in concert (“PACs”) from the obligation to undertake a mandatory take-over offer to acquire the remaining LTKM Shares not already owned by them upon completion of the Proposed Acquisition ; and

(g) the Company proposes to change its name from “LTKM Berhad” to “LA Technology Berhad”

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2022-05-26 21:32 | Report Abuse

Review of Performance
Current Quarter vs Corresponding Quarter of last year
The Company recorded higher revenue of RM125.4 million in the current quarter compared to RM119.4 million in the corresponding quarter last year.


The Company recorded an operating loss of RM19.0 million in the current quarter as compared to the operating profit of RM6.8 million in the corresponding quarter last year. The operating loss was attributed to the increase in the purchase price of key raw materials, depreciation, computer software and hardware maintenance costs and other administration expenses in the current quarter.

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2022-05-26 21:24 | Report Abuse

a) Performance of the current quarter against the corresponding quarter last year
Group
year increased by RM2,475.9 million following higher sales volume by 20% and
increased average selling prices by 24%.
Despite the increase of revenue, the Group recorded a lower Profit Before i.e. by RM106.8 million or 37% which was mainly due to higher and lower gross profit from Commercial segment mainly due to higher product costs.


Commercial Segment
Commercial Segment recorded an increase in revenue of RM1,714.3 million or 84%, contributed by higher sales volume by 23% and increase in average selling prices by 49%.
LBT of RM43.2 million was recorded as compared to PBT of RM106.4 million in the corresponding quarter last year. This was mainly due to lower gross profit from Jet A1 following higher product costs

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2022-05-26 15:45 | Report Abuse

many thanks, will read through the AR :-)

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2022-05-26 15:39 | Report Abuse

dragon328, refer to one of your articles, does AEON really has a plan to spin off its properties to form REIT?

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2022-05-26 09:31 | Report Abuse

Wild guess ... QR might be NG, declare div to compensate :D

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2022-05-26 08:47 | Report Abuse

KAKI KONG a& KAKI SONG

BUT

Do Not Dare to mention 1.50 again :D :D :D

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2022-05-23 16:04 | Report Abuse

after one week .... today investors find that it is worth to buy?

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2022-05-21 17:36 | Report Abuse

would the cost increase significantly due to high cruel oil?

News & Blogs

2022-05-19 22:28 | Report Abuse

so, tomorrow a rebound for plantation stocks?

especially those affected by the ban earlier?

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2022-05-19 22:23 | Report Abuse

dragon328 just one line of explanation - "mainly due to seasonal year end annual rebate recognition in the preceding quarter". I think shareholders deserve more explanation than this.
18/05/2022 8:40 PM
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concur with you

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2022-05-19 21:58 | Report Abuse

Compare to Malakof, this one seemed much better ... but the price slumps to match Malakof's :D

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2022-05-19 10:05 | Report Abuse

experienced\knowledgeable readers enjoy joke this morning :-)

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2022-05-19 07:32 | Report Abuse

inclusion into MSCI is a positive factor, many foreign funds refer MSCI as benchmark in making up their portfolio.

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2022-05-19 07:27 | Report Abuse

Calvin deserves credit for his postings and many informative articles written, the only drawback is over doing promotion.....

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2022-05-18 22:48 | Report Abuse

:D :D :D Tan Sri speculates too much in crypto?