Who am I? Well, that's not important. There are no good or bad stocks. The company is either good or bad. Stocks are just stocks.
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2018-02-20 09:42 | Report Abuse
i thought tessa said that this counter the promoter is bursa master
2018-02-20 08:40 | Report Abuse
if i3 not doing anything about it, there's nothing much we can do, i know many old friends they now either in fb closed group or telegram group, of course they come here but as silent reader
2018-02-20 08:17 | Report Abuse
if u can't stand the i3 heat, go to facebook, you can create a group, you can choose 3 privacy settings: Public, Closed and Secret and also telegram group, just sharing my thoughts on it
2018-02-20 08:06 | Report Abuse
Very positive indeed, good luck all, lets win big
2018-02-19 22:25 | Report Abuse
Foreign buyers return to Bursa, bought RM4.50m local equity last week, says MIDF Research
KUALA LUMPUR (Feb 19): Foreign investors returned to Bursa Malaysia last week after the huge sell off totaling RM1.75 billion in the preceding week, and bought RM4.50 million of Malaysian equity ahead of the Chinese New Year break, according to MIDF Amanah Investment Bank Bhd Research.
In his weekly fund flow report today, MIDF Research’s Adam M Rahim said foreign funds were net buyers on all trading days except Monday, which saw an attrition of RM230.3 million net.
“Meanwhile, foreign buying was the highest on Tuesday at RM112.7 million net with trading value exceeding RM1.5 billion, the highest in four trading days.
“On Wednesday, the announcement of Malaysia’s gross domestic product (GDP) expanding by 5.9% year-on-year in 2017 compared with a 4.2% expansion in 2016, saw the FBM KLCI close at a four-day trading high of 1,835 points.
“Nonetheless, foreign buying only stood at RM62.4 million net, the second lowest during the week, as foreigners remained anxious ahead of the U.S inflation data,” he said.
Adam said the FBM KLCI inched higher to 1,838 points on Thursday as investors shrugged off strong U.S inflation data, but foreign buying declined further to RM59.7 million net as foreign investors entered risk-off mode, right before the Chinese New Year holiday.
Overall, Malaysia bucked the trend with an inflow, as the Philippines, Thailand and Indonesia all experienced attrition, he added.
“Foreigners have so far acquired RM1.86 billion net in the first seven weeks of 2018, higher than the RM1.11 billion recorded during the same period in 2017,” he said.
Although the foreign average daily trading value (ADTV) declined by 35% from RM1.61 billion in the week before to RM1.04 billion last week, Adam deemed foreign participation to be still healthy, given last week having been a short trading week and Thursday having been a half trading day.THEEDGE
2018-02-19 21:51 | Report Abuse
nimitta5678 Thanks Dr Kenneth for always being able to bring good news to public. Hibiscs ex-partner, Rex in Singapore, is struggling to survive.
''''
agree
2018-02-19 21:48 | Report Abuse
Malaysia to continue dominating global glove market, says Mah
KUALA LUMPUR: Given the strong export performance in 2017, Malaysia is expected to continue dominating the world market for rubber gloves, especially medical gloves, for use in the healthcare sector.
Minister of Plantation Industries and Commodities, Datuk Seri Mah Siew Keong said the industry is confident of achieving the target of securing at least 65 per cent of global exports of rubber gloves in 2020.
“In 2017, global exports of rubber gloves were estimated at 228 billion pieces and is projected to reach 287 billion by 2020,” he said in a statement today.
Last year, Malaysia's exports of rubber gloves hit an all-time high, benefitting from the synchronised recovery in global growth and demand.
image: https://content.aimatch.com/default.gif
For 2017, exports grew at a robust pace of 19.4 per cent year-on-year to RM15.9 billion compared with RM13.3 billion previously.
Mah recently attended a meeting with captains of the industry, organised by the Malaysian Rubber Export Promotion Council (MREPC).
In this regard, he said his ministry, via the MREPC would continue to vigorously undertake marketing efforts at increasing awareness of glove use, and promote the high quality gloves from Malaysia.
The other potential growing markets for rubber gloves that the ministry is currently targeting are ASEAN member countries, particularly the Philippines and Myanmar.
“MREPC has identified several programmes to enhance awareness on the importance of glove use in the healthcare sector and to promote quality made-in-Malaysia rubber medical gloves,” Mah added.
Malaysia is currently the world's largest supplier of rubber gloves, capturing more than 60 per cent of the global market in volume.
China is one of the fastest growing markets with the export value reaching RM906.9 million in 2017 from RM362.2 million in 2016 (growth of 250 per cent). - Bernama
Read more at https://www.thestar.com.my/business/business-news/2018/02/19/malaysia-to-continue-dominating-global-glove-market-says-mah/#wFPJBV1OP9w6PbYd.99
2018-02-19 21:35 | Report Abuse
Posted by Cik Babe > Feb 19, 2018 04:14 PM | Report Abuse
cuba awak tengok link ini :
https://klse.i3investor.com/blogs/pelhambluefund/147824.jsp
.....
noted with thanks!
2018-02-19 19:26 | Report Abuse
Most share prices up on Bursa, KLCI gains 1%
KUALA LUMPUR (Feb 19): Share prices on Bursa Malaysia closed higher as buying interest emerged, taking cue from the US market which had had its best weekly performance in five years and higher oil price.
The FBM KLCI climbed 19.04 points or 1.04% at 1,857.32 points at the closing bell. The benchmark index traded in the range between 1,841.78 points and 1,858.23 points today.
MIDF head of research Mohd Redza Abdul Rahman said the market was rather quiet with total trading volume of 2.36 billion shares today.
Value of shares traded amounted to RM1.89 billion, with positive market breadth of 824 gainers versus 193 losers, while 288 counters remained unchanged.
“Counters of interest were mostly from the mid small cap, like PUC Bhd, Sino Hua-An International Bhd, Sapura Energy Bhd, Hibiscus Petroleum Bhd and Iris Corp Bhd,” he said.
Meanwhile, Brent Crude bounced back to above US$65 per barrel while the ringgit strengthened further to 3.8899 against the US dollar as at 5:15pm today.
The rebound on crude oil prices helped to fuel trading interest in oil and gas counters.
“The expectations of good quarterly results announcements will likely play a huge part in market movements in the near term, with geopolitical concerns rather muted for now. Now, the focus is on the ongoing Winter Olympics in South Korea and also the good progress on Brexit negotiations on the horizon,” he said.
“We also take comfort on commodity prices stabilisation with crude palm oil futures trading at around RM2,500 per tonne,” he added.
Hengyuan Refining Company Bhd was the top gainer today, while Apex Healthcare Bhd was biggest loser.
In the regional market, Japan’s Nikkei went up 1.97% while South Korean Kospi also advanced 0.87%.
The China and Hong Kong markets were closed for a holiday today.
Reuters reported that Asian shares gained on Monday, joining a global recovery for equity markets as sentiment improved gradually from a recent shakeout that stemmed from fears of creeping inflation and higher borrowing costs. THEEDGE
2018-02-19 11:14 | Report Abuse
bunga raya, baby raya! Any guy who has a Raya in his life is the most lucky person in the whole wide world and be sure to never let her go :)
2018-02-16 08:26 | Report Abuse
However, markets are more complicated than simple logic.
2018-02-15 16:23 | Report Abuse
things to consider before selling ur shares
https://donovan-ang.blogspot.my/2018/02/hibiscus-petroleum-next-target-price-is.html
2018-02-15 11:24 | Report Abuse
1 hour 2 go, today half day. HAPPY CNY. GONG XI FA CHAI! signing off
2018-02-15 11:10 | Report Abuse
based on the above calculation, tessa's tp of RM1.50 more suitable with the CA, the only thing, tiny profit, so so tiny
2018-02-14 10:45 | Report Abuse
STOCK MARKET HOLIDAYS IN MALAYSIA, SINGAPORE AND HONG KONG
MALAYSIA & SINGAPORE
15/02/2018 OPEN HALF DAY TILL 12.30 PM
16/02/2018 CLOSE
19/02/2018 MARKET RESUME
HONG KONG
15/02/2018 OPEN HALF DAY TILL 12.00 PM
16/02/2018 TO 19/02/2018 CLOSE
20/02/2018 MARKET RESUME
2018-02-14 10:29 | Report Abuse
Posted by YanHao > Feb 14, 2018 08:33 AM | Report Abuse
no Mark, here very busy :D
ALL THE BEST TO ALL.
2018-02-14 09:51 | Report Abuse
the market in a subdued manner, most probably since the bulk of retail players have not been participating.
2018-02-14 07:41 | Report Abuse
Good morning Tessa. Can u give me the link to the closed group? Can I join?
2018-02-13 21:41 | Report Abuse
Mobile cellular penetration reaches 131.8% in 3Q2017
CYBERJAYA (Feb 13): Mobile cellular penetration in Malaysia has reached 131.8%, while smartphone penetration stood at 70% in the third quarter of last year (3Q17).
Malaysian Communications and Multimedia Commission (MCMC) Chairman Tan Sri Dr Halim Shafie said Malaysia’s broadband had been keeping up with the demand from customers, with broadband penetration currently at 84.5% as stated in the “3Q 2017 Communications & Multimedia: Facts & Figure” report.
"MCMC has been working tirelessly towards achieving broadband ubiquity and high-level smart phone penetration," he said prior to a press conference on the Malaysia FinTech Expo 2018 here today.
The text of his speech was read by MCMC Network Security, New Media Monitoring, Compliance and Advocacy Sector Chief Officer Dr Fadhlullah Suhaimi Abdul Malek.
Halim said e-payment would be one of the key factors in ensuring the success of Malaysia’s vision for the digital economy, adding that the outlook for e-payments was very encouraging.
Bank Negara Malaysia (BNM) had said recently that the volume of individual Internet banking transactions had grown more than three-fold, from 141.3 million transactions in 2011 to 435.4 million in 2016.
"This positive growth can be attributed to pricing and market incentive framework implemented by BNM, as well as the continuous awareness programme by the central bank and the banking industry to enhance confidence in the use of internet banking," he said.
Halim added that banking fraud losses sustained by individuals in Malaysia remained very low at 0.0004% of total transaction volume and 0.0017% of total transaction value in 2016.
"This shows that confidence in e-payments is currently on the rise and more citizens found it to be a safe, secure and convenient way to transact," Halim said. — Bernama
2018-02-13 21:38 | Report Abuse
EPF sees buying opportunities in bumpy stock market
This article first appeared in The Edge Financial Daily, on February 13, 2018.
KUALA LUMPUR: The Employees Provident Fund (EPF) expects global equity markets to be volatile this year but sees buying opportunities amid the bumpy ride ahead.
“Last year was an uninterrupted year for equity markets as they continued to do well," said EPF chief executive officer Datuk Shahril Ridza Ridzuan. “But there is a market pullback happening now and we expect this year to be bumpy as people are looking at microeconomic fundamentals.
“It will be fine for us for the equity markets to be bumpy, as we like volatility which allows us to have more liquidity in the market.
“But now we are looking at whether it is a structural pullback or temporary pullback in terms of the market taking a breather,” he said at a media briefing yesterday.
As for the 14th general election (GE14) expected later this year, Shahril said its impact has already been priced in by the market and as such a further steep rise or fall in prices is less likely.
“Actually there are no uncertainties in the [local] equity market as most of the investors have already priced in that (GE14) and are now focussing on the corporate results,” he said, stressing that political events usually tend to only have a short-term impact on the stock market.
“For investors like us (EPF) we are more focussed on long-term investment which is driven by the structural factors (microeconomic factors) that go into our projection of growth,” he said.
On Bank Negara Malaysia’s move to raise its overnight policy rate by 25 basis points to 3.25% last month, Shahril said the increase is the result of a normalisation of economic growth.
“We are comfortable with the microeconomic conditions domestically and globally as there is quite a lot of growth coming in now to the point where the central bank can finally start to normalise the interest rate,” he said.
At the same time, the EPF is also targeting to expand its global asset portfolio to 32% from 28% last year by actively looking at one or two overseas markets to further enhance the fund's presence and provide better returns for its members.
Shahril said the need to look for more opportunities globally is to help the fund compensate for any downturn in any of its investment markets and continue to grow.
“We will be looking at adding one or two new markets of territories to our [global asset] portfolio. We need to have a balanced portfolio and exposure as much as we can to growth around the world.
“We continue to discuss with the appropriate authorities for them to allow us to invest overseas. In 2018, we (EPF) are potentially looking at Latin America as we have very little exposure to that part of the world which is also a growth market by itself,” he said.
As of Dec 31, 2017, the EPF’s overseas investments made up about 28% of total investment assets, while the remaining 72% being held under domestic assets.
Shahril said despite making up 28% of total investment assets, the overseas investments had provided high returns, contributing 41.4% of the EPF’s gross investment income in 2017.
“At 28%, it is pretty commendable resulting in very high return for our members. Our historical chart has shown that global assets give us the necessary diversification and exposure to growth, which is vital for the fund to continue to perform and provide the kind of returns that our members expect.
“Returns are one thing but risk management is far more important to us as it allows us to make sure that we have assets in the right market and industry so it helps to [counter] the downturn in any one market or any one sector for us to get the returns,” he said.
The retirement fund has invested in 30 markets, which include the developed market as well as North Asia and Asean.
THEEDGE
2018-02-13 21:34 | Report Abuse
Great Eastern looking at IPO, sale of stake in Malaysia
SINGAPORE: Great Eastern has started the process to reduce its stake in its Malaysian unit, says its chief executive officer Khor Hock Seng.
Bloomberg quoted Khor as saying during a briefing on Tuesday the listed insurer was looking at both the initial public offer and sale of stake as options.
He was also quoted saying Great Eastern would like to be among top 10 life insurers in Indonesia over the next five years and it was open to expanding through acquisitions or organic growth.
On the Indonesian market, Khor said Great Eastern will put "a lot of focus and emphasis on".
“Company is also looking at general insurance opportunities in Indonesia,” he said.
As for Thailand, it was a market which Great Eastern would like to look at if opportunities arise.
“Singapore and Malaysia still offer a lot of growth potential,” he said.
Read more at https://www.thestar.com.my/business/business-news/2018/02/13/great-eastern-looking-at-ipo-sale-of-stake-in-malaysia/#04cvV3yE2XZarkpu.99
2018-02-13 21:33 | Report Abuse
Ranhill eyes overseas opportunities, as profits jump
KUALA LUMPUR: Ranhill Holdings Bhd said it has started talks to expand its water treatment and electricity generation business overseas to boost growth, as earnings surged in the fourth quarter ended Dec 31.
Net profit rose 69% to RM22.45mil, the company said in a filing with Bursa Malaysia on Tuesday, despite a slight drop in revenue to RM372.5mil.
The improved performance boosted its full year earnings to RM77.86mil, or 8.76 sen a share.
Ranhill said it will pay a second interim dividend of two sen a share on Feb 14 and has proposed a final payout to two sen a share to be approved by shareholders at its upcoming AGM.
“We foresee gradual growth in electricity demand from the company’s current 2 X 190MW plants,” it said, commenting on its growth outlook for 2018.
“The company and its strategic partner are in the final phase of negotiation with regards to the 300MW combined cycle power plant in Sandakan, Sabah which will contribute additional revenue and profit to the group,” it added.
Ranhill, on Monday, announced that a subsidiary involved in the Sandakan project had received a conditional letter of award from the Energy Commission to develop the power plant.
Meanwhile, the company has “commenced negotiation for opportunities” in Thailand, Myanmar and Australia.
Ranhill said growth in the local environment segment is expected to be supported by the increasing demand for water in Johor.
In the international environment sector, Ranhill said its “strong partnership” with SIIC Environment Holdings Ltd of China had resulted in lower project loans interest with an average interest saving of approximately 1% per annum.
“The joint venture is now poised to commence exploring new opportunities for industrial waste water concession contracts and other potential water related works in China and South East Asia under the Belt and Road Initiative,” it said.
Read more at https://www.thestar.com.my/business/business-news/2018/02/13/ranhill-eyes-opportunities-overseas/#1XM1EKbHlOqFQHUe.99
2018-02-13 20:03 | Report Abuse
need strict guidelines that define where the ads should appear :D
2018-02-13 19:28 | Report Abuse
SNIPPETS
Weida (M) Bhd more than doubled its net profit in the third quarter ended Dec 31, 2017 (3QFY18) to RM8.61 million from RM4.3 million a year ago, thanks to higher revenue with lower overheads incurred from all its operating arms — save for the property development division.
Southern Steel Bhd's net profit for its second quarter ended Dec 31, 2017 (2QFY18) almost doubled to RM69.96 million from RM36.55 million a year ago, as the group's sales and margins were higher in the quarter under review.
Property investment group Goldis Bhd – which is in the midst of a takeover of IGP Corp Bhd – revealed that its fourth quarter net profit has tripled year-on-year, thanks to better performance from its retail property investments, and a disposal gain.
BAT Malaysia 4Q net profit down 74%, pays 43 sen dividend.
THEEDGE
2018-02-13 16:04 | Report Abuse
on the bright side, MAYBANK notice hibiscus
2018-02-13 15:57 | Report Abuse
yup, as they are derivatives, many people tend to associate them with speculation rather than as an investment, i only monitor, didn't buy
I3investors kaki flag
2018-02-20 09:50 | Report Abuse
HHHGroup?