Prepared your trolley , any moment , FIRE ON , money can bleaching out , take and disappear ...my advice to all , become FIRST PARTY WINNER .

One day player is still active , you money TRAP ON will safely protect , it possible can get back higher then before few time , possible TEN TIME HIGHER??? , this stock is HUGE WAVE , see Shorties Very Afraid this answer is there .

I also observe this few day Shorties , getting smaller , mean CONTRA LEG is almost GIVE UP , WHALES only way , will select the suitable dating wave date , WAVE HIGH AGAIN .

ADD OIL ,Hiaptek FUTURE IS CLOSE HIGHER , prediction , will BULL RUN VERY FAST , day after , whole CLOUD BLESS THIS STOCK .

MY FAVORITE FORTUNE TELLER ADVISOR MASTER PAW TEACHER SAY < Hiaptek will be DRAGON HEAD in STEEL PATH , according on her ANALYST . Bright Star of Hiaptek.

I confident , with so many BONUS POINT , nothing else this stock not movement , for me , it already in BREAK ROOF TOP , almost HITTING THROUGH CLOUD LEVEL < TARGET TO OUT PLANET .... Long live Hiaptek

Correct attitude needed , when invest on stock market , it is not fish market , can negotiate price , all price buying and selling on willingness .
Long live Hiaptek.

Continue...
Meanwhile, RHB Research estimates a “worst-case impact of up to 12% on corporate earnings”, although this should be offset by the positive spillover to the broader economy from the expansionary budget proposals.

“Such a windfall tax is unprecedented in scope and scale — and should be categorised by investors as a policy risk, as well as a negative from the perspective of attracting new foreign direct investments and regional competitiveness, reflecting the country’s narrow revenue bandwidth and limited fiscal headroom,” it noted in a Saturday report.

The stamp duty increase on contract notes to 15bps from 10bps, and removal of the RM200 cap could dampen Bursa Malaysia’s trading velocity, it added.

“While the ongoing domestic economic recovery story will be supported by the consumer-friendly Budget 2022, evolving policy risks and the market’s adjustment to the broad scope of the windfall tax will add to market volatility,” RHB Research said.

“Given the overhanging external risks and lack of a clear roadmap to achieve further fiscal consolidation going forward, we expect the market to re-rate lower, even as forward P/Es spike higher with downside risks to FY22 earnings. Nonetheless, a sharp pullback could be an opportunity to re-weight into recovery plays at lower levels, including looking out for 'bombed-out' stocks,” it added.

RHB Research is "overweight" on sectors that include banks, healthcare, gaming, basic materials, oil and gas, transport, and logistics.

Market earnings outlook dampened by higher taxes — Credit Suisse
TheEdge Mon, Nov 01, 2021


KUALA LUMPUR (Nov 1): The outlook for market earnings is dampened by higher taxes announced for Budget 2022, opined Credit Suisse Research.

It noted in a Monday report that the stamp duty increase for stockbroking trades will increase the cost of trading and could adversely impact trading activity.

Meanwhile, it also estimated that the one-off increase in corporate tax rate could reduce Credit Suisse’s market growth forecast for Malaysia to 2% in 2022 (from 13%).

The foreign research house pointed out that “almost all companies” in its coverage universe “are expected to suffer a reduction in 2022 projected net profit due to the one-off corporate tax increase”.

The government aims to increase its tax revenue by 5.9% year-on-year to RM171.4 billion in 2022 with measures that include increasing stamp duty on contract notes from 0.1% to 0.15% and abolishing the RM200 limit, as well as one-off corporate tax increase for year of assessment 2022 to 24% tax rate for first RM100 million income and 33% tax rate for income more than RM100 million, it said.

While the higher one-off corporate tax is expected to reduce 2022 earnings of most companies, Credit Suisse listed the stocks/sectors that are “perceived to be in a comparatively better position to cope under Budget 2022”, which include: CTOS Digital Bhd, banks (top picks: CIMB Group Holdings Bhd, RHB Bank Bhd), property (Sime Darby Property Bhd, S P Setia Bhd), construction (Econpile Holdings Bhd, Gamuda Bhd), electric vehicle sector (Sime Darby Bhd, Yinson Holdings Bhd).

NO TRAP ON , just talk is BIG LESSON , learn more , will use to the tactic apply in near future ..

BUT , for me , my confident is over my ego , in term MAKING .

They WHALES FAMILY use all resource ,just to pressing down average , which they buy on higher , they replace back the cheap chips , and the contra gain , to equivalent the figure .....so , behind motive the same , control chips volume in market , soonest MAKING ..WAVE IT TEDIOUSLY AGAIN .

LLISTENN ME,
this few day troopper pressing sslaughteringgg, i confirm, CONTRA LEGs all in emerggencyy room, hard to join the train again, they will reetardded the game, awaiting the suitable TIMINGG, reboot again, WAVE IT TEDIOUSLYY.....it is pattern right copy, in many many counterr in bursa, all similar rottenn to stuntt.

You are strength , not reason , fear , their fear factor not hurt you at all .

i only admire the steering man , coward and reptile to class , their hard pressing , i correct all , they even HURT compare me ....not way they GAIN ...they also like me , NEED TO WAVE IT UP TREND , only can huge gain back PROFIT ......if you smart , this GAME , i already win in PSYCHOLOGY .

Temporary paper lose , not a ISSUE for me , i use this kind of PAPER LOSS ..ALL TIME , once make it , my return is MORE ...wonderful income .

Manufacturers willing to absorb sugar tax should have little impact
By Zou Lihua (Ipoh 31) - The General Chamber of Grocers (GCC) does not believe that the proposed domestic tax on chocolate or sugary beverages made from cocoa, malt, coffee and tea will lead to a price hike, although tea room operators are expecting a price hike for tea. Speaking to Nanyang Siang Pau today, Malaysian General Chamber of Grocers president Fong Chi Min said that many manufacturers have already introduced reduced prices in the pursuit of health...

LOCK OFF , i see WHALES ON WHAT MOVIES .

They confirm wave one day , i willing to wait for the date .

ONCE ERUPT , not 0.57, i actually awaiting above .....SECRET ON HIDING NEWS , which i spy since eternity.

I let whales know i appear , you making , i also engage with you , making also , i swim with you .

Courage doesn't always roar , sometimes courage is quiet voice , at the end of the day saying , i will try again tomorrow .

Every thing last forever?

KUALA LUMPUR (Oct 31): The Ministry of Finance (MoF) has launched the Manfaat #Bajet2022 Portal to make it easier for the people to learn about the benefits provided in Budget 2022. This was announced by Finance Minister Tengku Datuk Seri Zafrul

Prosperity tax to support government initiatives in trying times, say tax experts
KUALA LUMPUR: The proposed one-off "Cukai Makmur" (prosperity tax) announced in 2022 Budget is in support of the government's initiative that those prospering in such trying times assist those adversely affected in the spirit of Shared National Prosperity.

only focus the strength guy .....MOON SURFACE , need fund , need status , need brave attitude , need adventure lasting nature .

Inflationary pressures extend - US 3.6% 30-year high, Europe 4.1% 13-year high
The US Federal Reserve's preferred measure of inflation, the core personal consumption expenditure price index (core PCE), rose by 3.6% in September, unchanged from the previous month, and remained at a 30-year high. Eurozone inflation also surged further to 4.1% in October, hitting a near 13-year high...

Subject to SEC jurisdiction Luno eyes cryptocurrencies
With global markets in turmoil, assets such as stocks, funds, bonds and gold are struggling. In contrast, cryptocurrencies, the world's largest cryptocurrency by market capitalisation, Bitcoin, has recently rebounded and is even heading for all-time highs after a downturn, despite the fact that several governments, including China and the US, are planning to increase oversight of cryptocurrencies. Bitcoin (BTC) has gained 31% since October. Other cryptocurrencies are also showing...

Correct attitude needed , when invest on stock market , it is not fish market , can negotiate price , all price buying and selling on willingness . Monday UpUp Up.

For me , nothing effect my stamina , i paper lose , MULTI Thousand , but never afraid , I SEE LONG TERM , if freeze for years , also not a problem , i just talk is my fixed deposit .

BUT , for me , my confident is over my ego , in term MAKING Prices Up.

TRAP ON , just talk is BIG LESSON , learn more , will use to the tactic apply in near future .. Pre market Advice.

THIS LEADING NOW < COMPANY ON GOOD TRACK RECORD < PROFIT ENSURE .

Winning the game need calm , tolerance even patient ....... if want win immediately , i recommend , INTERNET SOCCER MATCH < LIVE ...every day got ...if want , i can recommend , stock market is like fishing port , need skill and SPACE , timing and expertise to Go Up.

KUANTAN, 30 Oct 2021 - President of the East Coast Chinese Chamber of Commerce & Industry (ECCCI), Tan Sri Lim Keng Seng, said the government's decision to impose a prosperity tax on large corporations earning more than $100 million would not affect market sentiment as the number of companies involved is very small and the impact is not widespread. He is also the President of the Pahang Chinese Chamber of Commerce and Industry and the Pahang Wood Industry Association. He said in a statement that while SMEs are generally looking forward to a tax cut from the Government to help them...

He said that developers had reflected their problems to the Chamber and expected the Government to reduce taxes and fees to the pre-coronary epidemic level.

He said that the Chamber would submit a memorandum to reflect the problems faced by developers as soon as possible.

In addition, Mr Wong stressed that developers are also facing a severe shortage of foreign workers.

He said the 20 to 30 per cent increase in the price of building materials was already too much for developers to bear, and that for some small projects, they could get by, but for large projects, it was hard to say what to say.

He said that the construction industry has always preferred to hire foreign workers, mainly because they can do one job to three, while local workers not only demand high wages, but also do not want to work in a hard industry.

"Now that we can't hire foreign workers and local people are reluctant to work in the construction industry, the progress of construction projects has been affected to a certain extent."

He stressed that instead of teaching people to fish, the government should teach them to catch fish and change their attitude towards work on their own initiative.

Wong Po Chun: Regulate the steel market

Malaysian Chamber of Real Estate Developers Kelantan Branch treasurer Wong Po Chun called on the government to monitor and regulate the steel market to avoid outrageous price hikes that would indirectly affect the construction industry.

He said that the increase in the price of building materials would have a significant impact on the construction industry, as the price of a signed sale and purchase agreement could not just go up.

He believes that the construction industry is an important part of the country's economic recovery, the government must not ignore the price hike of building materials and let the construction industry, an important sector of the economy, go unchecked.

Land division fees soar 500%
Construction industry in crisis

When questioned, Wong Po Chun cited the example of a land application for a subdivision that used to cost around RM100,000, but now costs RM500,000 to RM600,000.

"Not only have lot subdivision fees skyrocketed, but many taxes are also going up, such as the fees for submitting plans to the local government, etc. I hope the government is sympathetic to the plight of developers and builders."

Wong Po Chun said that the construction-related taxes and fees have risen at an alarming rate, and developers are feeling overwhelmed, especially during the epidemic and the control order, which has left them hurting.

Fang Tianfu: Industry caught unprepared

Steelmaker Datuk Fong Tien Fook said the price of some steel products had exceeded RM5,000 per tonne, catching the industry off guard and putting pressure on builders.



Chee Yuan Sheng: Losses on previous orders

The price of the project was based on the prevailing steel price, which was also the agreed price.

However, due to the emergence of unanticipated price increases, resulting in pre-orders or face losses, some peers even have to bear the burden themselves.

The spot market for steel is also very tight now, he said, mainly because market demand has recovered. In addition, iron ore, the raw material for steel, is also facing the problem of endless price increases, which will also have a direct impact on steel price movements.

Contractors fear bankruptcy as construction continues at old prices

Contractors across the country are complaining and fearing the risk of bankruptcy as the price of construction materials, especially steel, has soared by 60 to 100 per cent since the beginning of the year and this is expected to continue.

To add to their woes, the price of iron has risen a further 20 to 30 per cent in the last two weeks. The price of an iron bar has gone up from RM250 to RM300 to RM320.

According to reports, some retail shop owners say that the price is not fixed and is expected to continue to soar.

In the face of soaring prices for building materials, contractors have no choice but to continue to work on construction projects at the old agreed prices.

A construction contractor claimed that with the recent sharp increase in the price of steel from RM2,800 to RM4,000 per tonne, the average contractor has only two options, namely to postpone the construction work or to continue with the project already agreed upon and suffer losses.

"Apart from steel, other commodities such as cement, sand, bricks, electrical wires and pipes are also getting more expensive, with increases ranging from 20% to 100%. The price of cement, which used to be RM16 to RM17 per bag, has increased to RM19 refers to RM20."

The interviewed industry members said that in the past year, some building materials prices have risen sharply or even close to 100 per cent, which has brought problems to the industry that has already undertaken projects, not only to face the test of thinning profits, but also to face big pressure on capital.

The industry pointed out that with the recovery of the domestic economy, steel demand has also increased significantly; however, on the other hand, due to the tightening measures in the past due to epidemic prevention, production has been affected and demand exceeds supply; coupled with the rise in the price of steel raw materials, so that the water rises.

"I'm afraid it will take some time to pull steel back to a reasonable price level."

<Consumers will have to foot the bill>

Malaysian Electronic Commerce Association (MEA) director Ceng Jiejun said it was good that the government had imposed a sales tax on cheap products flown in, which was a recognition of the internet industry, but the wool comes off the sheep's back and ultimately consumers will pay for it.

He said online shopping is already part of everyday life and with the tax on foreign airfreight to the country under RM500, the prices of some goods may be adjusted in the short term and may be absorbed by some businesses themselves, but in the long run, the sales tax is treating all businesses equally.

"In the short term, it will affect consumers' willingness to buy, but I believe they will get used to it after a while, after all, it is now an e-commerce market.

"We are still waiting for more announcements from the authorities, including the rate of taxation, before we can really grasp the impact of the tax."

Malaysian Association of Small and Medium Enterprises (MASME) deputy president and chairman of the Malaysian Cross Border E-Commerce Association (MCBEA), Tan Chee Hiong, said that when the government adjusts the sales tax on overseas imports, it will mean "equal competition" between domestic and foreign e-commerce operators and brick-and-mortar shops, which may boost the business of brick-and-mortar shops as they compare prices.

"Prior to this, consumers were exempted from tax on goods under RM500, while local brick-and-mortar shops offered higher prices due to various cost considerations.

"Most importantly, when there is little difference in the price of products between foreign online shopping and local online shopping, consumers will choose local online shopping and a large amount of cash will stay in the country instead of leaving overseas, which is beneficial to the country."

Under the Budget 2022 proposal, from 2023 onwards, sales tax will be mandatory for both local and foreign merchants who sell cheap products below RM500 to our consumers by air, whether through online formats.

KUALA LUMPUR, 30 Oct 2021 - The government has stressed the importance of raising the debt ceiling to 65 per cent of GDP in order to finance the government's budget deficit in the medium term, including the need to finance the implementation of the 12th Malaysia Plan. Finance Minister Tunku Zafrul said that while the government's debt ceiling was raised to 65 per cent, what was more important was the government's ability to repay loans.

KUALA LUMPUR, 30 Oct 2021 - Group managing director of property consultancy firm William's Dahar & Wong Ltd (CBRE|WTW) said the government had made a commendable budget for next year despite the tough financial situation, but wanted the housing sector to move towards sustainability, such as investing in solar panels and green technology. He said the exemption of property profit tax for nationals and permanent residents who sell their properties more than six years ago would encourage more households to upgrade their existing homes...

EA> TA> FA
I learn this formula from long experience in Bursa Wrestling.
Food for thought. Always look at EA first.

When Hiaptek good mood, buy big very safe.
When Hiaptek bad mood, sell big very safe.
EA> TA> FA
Don’t believe. You will lose for ever.

You concern is validated now. But... hope for the best Hiaptek next year


Iewis888 > the ASP of gloves was still increasing till 1st qtr 2021 yet the gloves counters price already peak at Sep 2020. I thought as long as ASP is increasing and demand still higher than supply, the stock price will rebound and break new high but I was wrong. I learned a hard lesson from there. That time, many analyst also saying the factory expand capacity need time. Now the situation of steel counter seems similar. Demand still higher than supply. Even worse is the steel price seem have peak and steel counter seem have peak too. And many analyst say expand steel factory need time too. Every similar situation. Just my concern and opinion.
31/10/2021 6:30 AM

It said their sound financial figures reflect how well these companies coped in the midst of a global pandemic, with healthcare and pharmaceutical-related companies being standouts, while tech and logistics firms linked to the global e-commerce boom also benefited.

On its methodology, Forbes Asia said the list is meant to identify companies with long-term sustainable performance across a variety of metrics.

It said the companies on this list, which is unranked, were selected based on a composite score that incorporated their overall track record in measures such as debt, sales and earnings-per-share (EPS) growth over both the most recent fiscal one- and three-year periods, and the strongest one- and five-year average returns on equity (ROEs).

Aside from quantitative criteria, qualitative screens were used as well, such as excluding companies with serious governance issues, questionable accounting, environmental concerns, management issues or legal troubles.

State-controlled and subsidiaries of larger companies were also excluded.

KUALA LUMPUR (Sept 8): Eleven Malaysian outfits have made it to the Forbes Asia’s 2021 Best Under A Billion list, which recognises 200 top-performing publicly listed small and midsized companies in the Asia-Pacific region with sales under US$1 billion.

The Malaysian companies in the list are Comfort Gloves Bhd, D&O Green Technologies Bhd, Dancomech Holdings Bhd, Dufu Technology Corp Bhd, FoundPac Group Bhd, Frontken Corp Bhd, Revenue Group Bhd, Scientex Bhd, Thong Guan Industries Bhd, UG Healthcare Corp Ltd and ViTrox Corp Bhd.

In the Budget, it has been proposed that income tax be imposed on residents in Malaysia on income derived from foreign sources and received in Malaysia from Jan 1, 2022. This, Sim said, is in response to global developments such as the global minimum tax and the recent European Union’s action to include Malaysia in its “grey list”.

"This is a significant overhaul of our taxation system, which has been predominantly a territorial tax system. Some of the key issues to address is if dividends received locally will now be taxed because the law currently exempts local dividends from income tax due to the single-tier system that Malaysia adopts. There should also be a facility to claim tax relief should the same income be subject to tax elsewhere. In Singapore, certain foreign sourced income, such as foreign sourced dividends, are not subject to Singapore tax subject to fulfilment of certain conditions," Sim said.

"More details should be provided in the Finance Bill in this regard and I hope that there are special circumstances available for companies to continue to enjoy exemption for such income," he added.