Read the news update http://www.freemalaysiatoday.com/category/nation/2017/08/20/property-market-bubble-set-to-burst-says-think-tank/

Read the news update- http://www.freemalaysiatoday.com/category/nation/2017/08/20/property-market-bubble-set-to-burst-says-think-tank/

Read news update- http://www.freemalaysiatoday.com/category/nation/2017/08/20/november-ge14-date-bad-for-many-reasons-says-academic/

The company has to reasonably compensated them under the Employment Act 1955.No way they can terminate them without paying in lieu of reinstatement to the original position that they are holding before being suspended.
2. If they are aggrieved by the DI's decision which they deemed unfair then they have a legal recourse.Or before that they can lodge the written appeals within the stipulated period normally one/ two weeks' from the receipt of the termination letter by the company through the BODs.
3.Such matter is a messy process which in the first place can be avoided.

Using Google Translate Apps tool to translate @Tatyang Lieu post(with thanks) into English.That for the benefit of those forumers who do not understand and read Mandarin.

Disclaimer: The translation may not be accurate but close to the meanings intended to convey by the writer.

Investors are not advised to keep vouchers to maturity because you will not only lose the remaining 'time value', but will also face the risk that the underlying asset price will become unstable on the due date (investment bank will suppress). The voucher is of no value on the due date.

For example, CW buy 0.145 when the price of the stock to RM 3.5, CW has been to the 0.255 of the. 100,000units profit is 11k / 78%. You have made money.

In your idea case the price of the parent stock is RM 3.8 return is 8k. If the parent shares to RM3.8 then the CW price will be between 0.33-0.35 (depending on the time value). To your target due to the sale, your return is 18k / 126%.

Good for us to reflect back where the country is heading when we are about 12 days away to usher and celebrate 60th year of Merdeka( Independence).Maybe we can do some soul-searching.Read this topical article by a common man from the web: https://dinmerican.wordpress.com/2017/08/18/no-reason-to-celebrate-60th-merdeka-day/

As a general investing guide/tool the Technical Price Charts- Moving Averages(MA),Moving Average Convergence Divergence(MACD),Relative Strength Index(RSI) can help in investing decision.
2.Presently,all the charts support a bearishness tone for the stock.
3.Expects the stock price to move down further before stabilising.
4.Usually,market forces very quick and immediate if the QR that is out is no better than previous QR y-o-y.
5. Anyway,what the forumers commented on the top management and BODs were correct.They are experienced and possess the prerequisites in this line of business.But too conservative in outlook and at times TOO slow to response to changes in the global and local markets.

Happy weekend.Hope the next QR will be an improvement.

@Maceve probably because a lot of "bad bloods" have spilled and broke out openly. Very fractious and divisive!.Will be untenable for Z to be back at the helm and moreover any corporate entity will not reward any personnel that has disclosed the corporate's internal bickering ,happenings and decisions to the outside enforcement authority.

The odds stacked up will not be in favour of Z.

Happy and blessed weekend:-)))

Interesting analysis on the impending GE-14 outcome by Think Tank.Read- http://www.freemalaysiatoday.com/category/nation/2017/08/18/think-tank-two-scenarios-for-umno-in-ge14/

Hope that helps forumers who don't understand Mandarin.But sometimes such tool has limitation.The generated copy may contain some errors.

Cheers,for a wonderful evening:-)))

Using google translation Apps Tool.

English version automatically generated:

CHOOBEE was founded in 1971 and was listed on the Bursa Malaysia in 1994. It is principally engaged in the processing and trading of steel products and steel products. The Group mainly produces and sells Flat-Based products, as well as processing services such as cutting and cutting steel products. Its products are mainly used for infrastructure construction, oil and gas, light iron, water works and general use.
CHOOBEE has continued to make profitable performance over the past 10 years and has not suffered any losses in any fiscal year, showing that its business stability is very high. However, the Group in recent years have been unhappy, especially FY14 and FY15.
The steel sector has been facing a lot of challenges, such as excess production, higher costs, weak demand and so on. China's slowdown in the economy continues to face the problem of excess supply of steel products. In order to improve the situation, Chinese manufacturers dumped steel products at low prices in the world, resulting in steel prices in the FY13-15 during the downturn, but also the impact of local steel products demand. As the steel industry in Malaysia, CHOOBEE's business is also adversely affected, and turnover and profit are all under pressure. After years of downturn, the Chinese government began to implement production control policies in 2016, driving steel prices rebounded in the bottom of 2016.
As the government had already stipulated that the local steelmakers had to purchase hot rolled coils from Megasteel at a price higher than the international price of RM400-500 per tonne, which led to long-term pressure on the middle and lower reaches of the steel industry, including CHOOBEE. About 90% of the group costs from raw materials, that is, hot-rolled coil, while the latter's price rise and fall will be a direct and direct impact on the Group's overall performance. As the product price is based on the international average price may be, the group can not be passed on to the cost of the customer, resulting in the competitiveness of its product prices as foreign manufacturers.
In March 2016, Megasteel officially ceased operation. By freely purchasing cheaper raw materials from foreign countries, CHOOBEE has a better competitive advantage in pricing steel products, thereby increasing overall profitability. As a result, the Group successfully surpassed FY16 nearly five years of high profit, mainly due to the higher average selling price and lower procurement of raw materials prices. Its gross margin from FY15 7% higher to 14% of FY16.
Looking ahead, CHOOBEE intends to restart its export business. As early as 2009, its products have been exported to the United States, Australia and the Middle East countries. However, after the government has asked the steelmaker to pick up Megasteel, the Group immediately ceases its export business, mainly because the price of the product has become less competitive.
Peripheral, Beijing, China in early 2017 decided to cut the number and production of steel manufacturers to improve the situation of excess supply and boost the trend of steel prices. As the world's major steel producer, China's annual output of about 800 m tons. The goal of the Chinese government is to reduce annual production capacity by 200 m tonnes by 2020, which is equivalent to 75% reduction in production.
In the local, government infrastructure projects and the reduction of many real estate projects, and then impact the needs of steel products. The market generally take a cautious attitude, the local steel field is expected to face a lot of challenges, this year's Q2 performance is generally not optimistic. Most dealers are reluctant to purchase steel products in an unfavorable environment, and the manufacturers are doing their best to clean up their existing stocks, leading to a downward trend in Malaysian steel prices. Still, the Malaysian steel industry has signs of recovery in Q3.
It is worth mentioning that CHOBEE's net assets per share and net moving per share (NCAV) are RM4.25 and RM2.88, respectively, higher than its current share price of RM2.21. This is a very rare case in the Malaysian stock market, and CHOOBEE is one of them. In addition, with other local steel industry is not the same, CHOOBEE has a very strong balance sheet. At present, the group holding RM45m cash and RM5m ​​loans, I believe that the only local steel stocks a net cash business.
Obviously, PE is only 7 times the CHOOBEE has a serious underestimation. However, we do not need to hurry to buy, after all, the performance of Q2 may be lower than expected. By then, this will provide you with a good opportunity to buy.
For the stock analysis report is interested in the shares of friends, private PM this page, to learn more!
#CHOOBEE
Purely share!

Posted by TheContrarian > Aug 18, 2017 03:26 PM | Report Abuse

OSKVI currently has slightly above 39 million shares of Willowglen.

Q1: What is the holding of Willowglen in term of percentage? Can its earnings be accounted in OSK VI QR earnings?
Thanks.

Perusing through the Moving Averages(MA),Moving Average Convergence Divergence(MACD), and Relative Strength Index(RSI) price charts the SSteel( cliche Strewn Steel) is now showing a very strong bullish trend and momentum.Well supported.

2.Expect the uptrend to continue barring any untoward geo-political events and negative news emanating from The White House,USA.

3.Past experience on any Hong Leong owned counter ( corporate maestro Tand Sri Quek Leng Chan) the price will shoot pass the Target Price(TP) is the coming QR to be announced next weeks or before end August is positive and better than the previous QR y-o-y.

Outcome: ODDs favour the upside in price to continue with the positive and useful jibes,information,feedback by many forumers for this counter:-)))

Read- http://www.malaysiastock.biz/Blog/BlogArticle.aspx?tid=10690

News report for those interested to read and know.From news source- https://www.themalaysianinsight.com/s/11382/

Read another today updated news report - http://www.freemalaysiatoday.com/category/nation/2017/08/18/third-hotel-comes-under-macc-scrutiny/

@wovtr yes,Media is now oversold for quite awhile already.But is the price reversal imminent?

2.Then we also need to look into other Technical Price Indicator charts such as Moving Averages(MA),and MACD.

2.On MA chart the Media price bar is below the 20 and 50 days MA line for quite awhile.Leaving a gap in the price movement.

3.On the MACD chart the MACD line is moving below the 9-day MA line showing there is no signal to buy yet.

Outcome: There must be some strong news in the corporate front for the price to move upwards.Otherwise,probably the price to hover and move within the narrow range +- 3.0 cents.Quite a number of Bursa counter follow the similar trend and price movement.No surprise:-(((

Likely,Morgan Stanley & Co LLC is amassing the stock so as to average down the price that they have bought earlier at the highs.

Normally,when a General Election(GE) is announced the stocks like Utusan,Media,Tenaga,DRB-Hicom,FGV will move upwards before and after the GE. So if the investors and punters can reasonably timed the date for the impending GE-14 then expect them to enjoin quite a reasonable capital gains.

Cheers,for a better and bright days moving forward.

@weeliam the 1QR will be somewhere around 20-27 August if going by past precedents.

2.The coming company AGM will be held on 28 August 2017(Monday) at Bukit Jalili Golf Country Club,Bukit Jalil,KL.

No worry,hold tight on your share holdings.Amply rewarded in respect of large capital gains for those with bountiful patience.

Ganbatte kudasai( Japanese - that is try your best and do the best) :-)))

Points of conjecture to earlier responses from forumers:

1.When one party or newspaper is undertaking an investigative reporting or a news "scoop" on an important matter to be published later in the news media they normally carried it out secretively without the other party or parties knowing about.The source of the story also has to be carefully not revealed and honored.That is what The Edge had done with the news scoop for example on 1 MDB.It was later carried and reported in more than 36 mainstream global newspapers.One can read a collection of news collection on the mega-financial saga in the Bloomberg news,New York Times or The Guardian UK.

2.Examples abound locally in news reports where the suspects' cash,properties,movable and immovable items were foreclosed immediately even though the person(s) individually,severally,or jointly has/have not been charged in court.That is permitted under a number of very strong laws enforced such for example The Anti-Money Laundering Act(AMLA) in our country. In USA the Department of Justice(DOJ) can sequester and freeze the accounts,cash,properties,etc under Kleptocracy Assets Recovery Initiatives(KARI) Act.The next step under Civil Action is to obtain the permission of the District Court in US where the act of embezzlement were carried out.

3.Such immediate action is lawful and permissible to prevent the person(s) from disposing or transferring those illegally acquired assets and properties before the lawful seizure from the courts.Such strong action by the authority can withstand any challenge in the court of laws.

Just to share.Cheers for a better and bright days ahead for all forumers and settlers:-)))

News story from one of the popular and well read sources- https://dinmerican.wordpress.com/2017/08/18/tricia-yeohs-advice-to-malaysian-prime-minister-dont-provide-misleading-information-to-foreigners/

Read on CPO price- http://www.theedgemarkets.com/article/plantations-stocks-take-dip

Read- https://www.malaysiakini.com/news/392219

Read- https://www.malaysiakini.com/news/392229

Read another published comments.Something that ALL GLCs and entities can pick up from the published article.
Source- http://www.themalaymailonline.com/what-you-think/article/let-justice-take-its-course-transparency-international-malaysia#qfXV2H5ycvHvuHAv.97

Read the latest news on why charging the ex-Chairperson is not adequate to placate the settlers' pleas.Source of news- http://www.freemalaysiatoday.com/category/nation/2017/08/17/die-hard-bn-supporters-in-felda-moving-to-ph-says-don/

2.Normally for any similar cases of this nature other strong measures followed accordingly. Such as freezing the assets,movable and immovable properties,cash in banks,etc of the suspects under the Anti-Money Laundering Act(AMLA).

3.It is vital that whatever cash or money that can be recovered be returned back to the source.

4.For any agency or body when comes to its 60th year of founding it will be an auspicious moment,Moment to celebrate and cherish the journey of success and achievements for the benefits of the stakeholders.In this case the settlers' who had sacrificed their lives and struggles for the better future for their future generations- second and third generation.

5.A lot of hard lessons can be picked up from the agency's tumultuous last five years.

@magus can it because of the foreign exchange losses which is higher this 2QR q-o-q?

Will the positive news on Isa detention by MACC just a one-day affair?At the end of the day,fundamentals of any company still count if the present price is to be sustained.Can it or cannot be maintained at the present level? :-(((

Just an afterthought.

1.With the impending GE14 will any proposed job-cuts politically acceptable by the power-that-be.
2.This is a GLC owned company.The timing of any downsizing will only come after GE-14 which is still many months away.
3.Other measures- cutting the BODs fees,remunerations,perks,incentives,travel allowances.
4.Increase the efficiency and productivity of the present workforce through streamlining the job functions,processes and systems.
5.Monetise some of the non-related entities or non-performing assets(if any) to the core business.

Outcome: During such challenging times,the CEO has to demonstrate that the performance of the company can be improve for the better or the bleeding stops.Otherwise he needs to be replaced.Tough time,tough decision however unpopular it may be:-(((

Huhuhu... Nothing to Hide becomes Everything to Hide.
2.Transparency in any large stock transactions must be promptly announced.That to allow investors and punters alike to make an informed decision.
3.That is also to uphold on regulatory's listing requirements.
4.Transparency makes for an integrity and trusted equity market.
5.Once the trust on the share is lost it is very difficult to gain back the confidence of the holders and investors for the stock.

From the Technical Price Chart the stock is lately overbought.Today price down to flush the weak buyers of the stock.View the chart- http://www.malaysiastock.biz/Stock-Chart.aspx?securitycode=2674

Probably,the price will resume the uptrend before the ex-date.

2.Even if the price stays put or goes further down to RM 1.60-1.72( says) the earlier dividend and the capital repayment together can buffer for any loss in the stock price.

3.That will be further buffered by the QR announcement to be made before end August.Expects the QR for the third quarter(3QR) to be better than the previous.

Outcome: prospective capital gains.Risk tolerable.

Read for an update- https://www.bloomberg.com/news/articles/2017-08-16/geely-profit-doubles-on-suv-sales-new-models-set-to-go-on-sale

Points of Conjecture:

Normally,RCE Capital will announce the QR y-o-y around 6-13 August.But for this year it is much overdue.What can that tell you?.

1. Recent QR and for this year and the year 2016 ,the company performed well.
2.But even though last QR is better y-o-y but the stock price keeps dropping from the high reached above 1.90 to the present price at RM 1.67.
3.Normally,market can anticipate QR performance ahead of the announcement.
4. Is it this QR the performance is not better than previous QR and the QR y-o-y?
5.Or to the contrary? Better or flat?

Outcome: Odds towards not a better QR.Just to anticipate on the result prior to the announcement:-(((

Read a topical article by a former top diplomat on ECRL project.You be the judge.
From source- http://www.freemalaysiatoday.com/category/opinion/2017/08/16/ecrl-milestone-or-tombstone/

Huhuhu...

Estimated new petrol kiosk pump prices wef August 17:
1. Ron 95 up 6 cents to RM 2.18.
2.Ron 97 up 7 cents to RM 2.46
3.Diesel up 1 cent to RM 2.07.

Fuel pump prices have been going up for the past four(4) weeks.

Back to the popular saying: "What the government can give,the government also can take back.But once it starts taking back,it will take back more than it gives". Have a thought over:-(((

Points of conjecture:

1. From my objective perspective nothing have changed.FGV's fundamentals IS still mediocre, and have not changed positively.
2.Yesterday,KLK and Batu Kawan reported their QR y-o-y.KLK registered a drop of PAT ~56%; and Batu Kawan a drop of PAT ~46%.
3.These two results can tell us something of the coming FGV's QR y-o-y?
4.When touching on potential logistics business from ECRL project we have to discern there are many stronger and established companies around.Such companies are very strong and can offer a wide range of multi-modal logistics and transportation services.FGV's strength is mostly based on bulk transportation of CPO(liquid from) by lorry bulk tankers, bulk shipment at the ports. Too early to see the potential effect!
5.Isa detention and taken to Magistrate Court is nothing out of ordinary if going by pervious political big-wig cases in the past.Past cases can tell us something.

Outcome : Hope the latest positive price uptrend can be supported and sustainable moving forwards.Isa case event is more for the purpose to placate the grassroots settlers who have clamoured and plead strongly through Anak for immediate action to be taken on him.

One swallow does not make for the summer. Our country is full of contradictions.Syiok sender!
To know more read- https://www.themalaysianinsight.com/s/11082/

Another interesting news. A world of contrast - http://www.freemalaysiatoday.com/category/nation/2017/08/16/khairuddin-sues-rosmah-to-return-jewellery-to-1mdb/

Read on Isa taken to court today- http://www.freemalaysiatoday.com/category/highlight/2017/08/16/isa-samad-hadir-mahkamah-berbaju-lokap-sprm/

Read from the online news- https://www.themalaysianinsight.com/s/11058/

Read- http://www.freemalaysiatoday.com/category/business/2017/08/15/media-prima-planning-to-trim-workforce-again/

Points of Conjecture:

1.Agreed with forumers why Morgan Stanley is accumulating large tranche of the shares when it is losing money RM 59 million last year? And also the two QRs in the second half of the year 2017.
2.Financial Analysis(FA) on the company shows what a poor performance and ill-managed company.EPS: Negative;ROE: Negative but last year can pay large dividends giving DY of almost 11.50% (better than your FD rate!).Sigh:-(((
3.Technical Analysis (TA) shows price has been dropping like a" waterfall". MA.MACD,RSI support continuing bearishness for the stock.
4.Recently,announced that Malaysia Newsprint Industries(MNI) plant in Pahang will be closed down.This is a JV between Media Prima and Hong Leong Industries(HLI).Another Negative.
5. The company also suffered from continuing and falling advertising revenues from their printed media and broadcasting channels with the advent of digital news and paid TV.More choices and alternatives for the public and advertisers.Company slow to response to changing trends and market development.

Outcome: One stock politically-aligned with the ruling party.Comes GE-!4 will give the stock like Utusan,FGV,MRCB,MYEG,and others some momentarily relief.Immediate term no corporate development that can move the stock price higher.Speculative counter only good for punting to make some small profit gains.Not for investing unless FA change dramatically.

Updated news on DI- https://www.themalaysianinsight.com/s/10926/

China has agreed to greatly increase the importation of cereals and soya beans to placate President Trump.The initiative presented is to help to reduce the massive trade deficit which US incurs every year when upholding on Free Trade with China.
2.Unless the price margin between Soya beans and Palm oil widens to a meaningful value then only the expectation for China to import more palm oil can happen.
3.For ECRL project China has extended to Malaysia the loan pegged at 3.5% pa.
4.Well if China were to import more palm oil it does not mean it will be monopolised by FGV.Other local competitive palm oil companies abound.
5.In a free market economy,the fittest and competitive ones that will emerge victors.

https://www.themalaysianinsight.com/s/10824/

Even the fracas was reported by Bloomberg.All for the wrong reason!.How to garner positivity for our country with such report read globally by business leaders.
Read from source-https://www.bloomberg.com/news/articles/2017-08-13/town-hall-by-former-malaysian-pm-mahathir-marred-by-violence

Sad to read from press reports about the fracas yesterday evening at the Nothing To Hide (N2H2) public forum in Shah Alam. What has become of our country when we are about 2-3 weeks away from celebrating 60th year of Independence? Where is the maturity and wisdom traits from our youths today? This is not an isolated incident.Past and similar incidents have occurred at regular intervals.What has really gone wrong...

Read more: https://dinmerican.wordpress.com/2017/08/13/fracas-at-nothing-to-hide2-0-forum/

Points of conjecture:

Domestic Inquiry(DI) determination will possibly results in the followings:

1. CEO Zakaria terminated but adequately compensated and the present BODS remains;

2.CEO Zakaria reinstated but the present BODs replaced with new members;

3.CEO Zakaria reinstated and the present BODs stayed put.

Looking into the possible outcomes, Scenario 1 maybe probable.For Zakaria to stay put the working environment within FGV may not be conducive and hospitable towards him after the bitter and contentious decision by the BODs to suspend him and makes him to face the DI.Big embarrassment to his dignity! Thus most likely the recommendation will be for Zakaria to go but well compensated for loss of income,benefits and other incentives that he is entitled to.

Scenario 2 is not likely as FGV is too heavily infested with adverse and heavy political influence who will ensure their appointees to the BODs are secured.

Scenario 3 is not likely as per facts above.Addiitonally, with wide reports on the bitter feud saga a lot of bad bloods have spilled out openly and publicly for all the investors to see.Not positive image to the company.Likely the power-that-be would not be comfortable with a strong character like Zakaria.

Outcome: DI determination may not be all the three above... Well,lets us see.But what is most important is to put the unfortunate saga behind so that the healing process can start as soon as possible to put FGV to road of recovery which will take a few years.

Read the never ending mega financial saga keeps continuing getting citizens' attention: https://www.themalaysianinsight.com/s/10776/

There is discussion on land acquisition.For proper and reasonable grasp of the matter,forumers can read the appended Act 486- Land Acquisition Act 1960.
Source from AGC: http://www.agc.gov.my/agcportal/uploads/files/Publications/LOM/EN/Act%20486%20-%20Land%20Acquisition%20Act%201960.pdf

Read about the on-going mega-scale financial debt saga that don't want to go away.Read- https://www.themalaysianinsight.com/s/10628/

Ultimately,it is the citizens that need to pick up and shoulder the financial bills/debts for somebody and his cohorts great ms-steps.Responsbility and accountability creed seemed to be a distant phrase in our country.