Q-ing at 1.35

Why invest in Vietnam, of all the countries?

pi di tan, why don't you make it to June 9, 2015?

The offer by Keith is based on aka boss tp, so you should take it or leave it based on the offer on the table, and not otherwise

may take a breather today

Administrator is doing a good job by keeping people like 13, 15 and 18 out

Brendon, you were never a Latitude follower, since at least Jan 1, 2014. What makes you jumped out and said TP 3.80 and bonus issue as well?

Earlier there were Optimus 15 as well

慢慢等

will only keen if it is around 0.10-0.11 range

On behalf of the Board of Directors of Bina Puri, TA Securities Holdings Berhad wishes to announce that the Company proposes to undertake the following proposals:

(i) proposed reduction of the issued and paid-up share capital of Bina Puri via the cancellation of RM0.50 of the par value of every existing ordinary share of RM1.00 each to RM0.50 each in Bina Puri (“Bina Puri Share”) pursuant to Section 64 of the Companies Act, 1965 (“Proposed Par Value Reduction”);

(ii) proposed private placement of up to 37,929,000 new Bina Puri Shares (“Placement Shares”), representing approximately twenty percent (20%) of the enlarged issued and paid-up share capital of Bina Puri (excluding treasury shares, if any) (“Proposed Private Placement”); and

(iii) proposed amendments to the Memorandum and Articles of Association of Bina Puri to effect the Proposed Par Value Reduction (“Proposed Amendment”).

Further details on the Proposals are set out in the attachment.

This announcement is dated 2 May 2014.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1612557

wow, 0.11. That's a lot of pain for many people

Everyday drop

gohchhehoh, RM 2 for Hevea in 6 months time may have a 35-40% fighting chance. I am more optimistic to see the RM 2 mark in 12 months

The Pricing Power Hevea possessed that Jho Low talked about in his earlier articles is what set Hevea apart from other furniture makers

Q1/2013 :
Revenue 103.577m
Profit after tax 3.075m
EPS : 3.4 sen

Q1/2014 look set to beat Q1/2013 as the interest expense has reduced substantially, coupled by the much better revenue and bigger profit margins.

I will not be surprise to see a net profit at north of $4.5m

No buyers, no volume either

No more huat

No difference. With or without him, the company is sinking anyway

Tony Tan was charged a few years ago as the director of Tanco for failing to pay for the staff's EPF contributions for a few years.

If it is still the same management or he that runs Tanco now, I won't be surprise to see this already half-sinking ship meeting its ultimate doomsday in the next one to 2 years

Daylight robbery !

Most Malaysians do not trust this AG fellow who works solely for his UMNO masters and orders his lawyers to lick UMNO's boots for cheap money gained by lying and cheating on innocent people and dirty cases. The black box should be under the control of Australia and UK who are really working hard to get the black box. Gani Patail can just stand behind them to listen because he won't understand the real things being said and don't even have the credibility to do.

Malaysia’s defence minister and acting transport minister, Hishammuddin Hussein, said in an interview with China’s CCTV that the airline would have to “answer” for its mistakes in dealing with the relatives of the some 150 Chinese passengers on board.

In his interview with Reuters, Malaysia Airlines chief Ahmad Jauhari played down talk of tension, saying there were “slight differences of opinion”.

- Reuters

A sixth source, a senior official in the civil aviation sector, said the plane’s disappearance had exposed bureaucratic dysfunction in Malaysia, which has rarely been subject to such international demands for transparency. “There was never the need for these silos to speak to one another. It’s not because of ill intent, it’s just the way the system was set up,” the official said.

The accounts given to Reuters reveal growing tensions between civilian officials, the military and Malaysia Airlines over whether more could have been done in those initial hours.

One of the Reuters sources said military officials in particular were concerned they could lose their jobs.

Tensions have also emerged between the government and state-controlled Malaysia Airlines.

On March 12, four days after Flight MH370 disappeared, Rodzali told reporters there was still no confirmation the unidentified plane had been Flight MH370, but added Malaysia was sharing the radar data with international civilian and military authorities, including those from the United States.

Authorities called off the search in the South China Sea on March 15 after Najib said satellite data showed the plane could have taken a course anywhere from central Asia to the southern Indian Ocean.

Government sources have said Prime Minister Najib Abdul Razak had to force the military to turn over its raw radar data to investigators during the first week after the flight’s disappearance.

Military officials have said they did not want to risk causing confusion by sharing the data before it had been verified, adding this was why Air Force chief Rodzali Daud (i) went to the air base in Penang on March 9, where the plane’s final radar plot was recorded.

On the same day, Rodzali said the search was being expanded to the west coast, although Reuters has not been able to determine if that meant the data was being shared with other Malaysian officials.

Two civilian aviation officials said military bureaucracy delayed the sharing of this information, although they gave no precise timeframe for when it was handed over.

“The armed forces knew much earlier that the aircraft could have turned back. That is why the search was expanded to include the Straits of Malacca within a day or two,” said a second senior
civilian source, who was familiar with the initial search, referring to the narrow stretch of water between Indonesia and Malaysia, on the western side of the peninsula.

“But the military did not confirm this until much later due to resistance from senior officers, and the government needed to step in. We wasted our time in the South China Sea.”

Top military officials have publicly said Malaysia’s US and Russian-made fighter jets stationed at air force bases in Penang and the east coast state of Kuantan were not scrambled to intercept the plane because it was not viewed as “hostile”.

“When we were alerted, we got our boys to check the military radar. We noticed that there was an unmarked plane flying back but (we) could not confirm (its identity),” said the senior military source. “Based on the information we had from ATC (Air Traffic Control) and DCA (Department of Civil Aviation), we did not send up any jets because it was possibly mechanical problems and the plane might have been going back to Penang.”

The military has not publicly acknowledged it tracked the plane in real time as it crossed back over the peninsula.

One senior military official said air traffic control had informed the military at around 2.00am that a plane was missing. The standard operating procedure was to do so within 15 minutes, he said. Another military source said the notification was slow in coming, but did not give a time.

Civil aviation officials told Reuters their response was in line with guidelines, but they did not give a specific time for when the military was informed.

Once alerted, military radar picked up an unidentified plane heading west across peninsular Malaysia, the senior military official said. The air force has said a plane that could have been MH370 was last plotted on military radar at 2.15am, 320km north-west of the west coast state of Penang.

That assumption took hold despite no distress call or other communication coming from the cockpit, which could have been a clue that the plane had been hijacked or deliberately diverted.

The five sources together gave Reuters the most detailed account yet of events in the hour after the plane vanished. All declined to be identified due to the sensitivity of the issue and because they were not authorised to speak to the media.

“The initial assumption was that the aircraft could have diverted due to mechanical issues or, in the worst case scenario, crashed,” said a senior Malaysian civilian source. “That is what we were working on.”

Officials at Malaysia’s Department of Civil Aviation, which oversees air traffic controllers, the Defence Ministry and the air force directed requests for comment to the Prime Minister’s Office, which did not respond

In an interview with Reuters last weekend, Malaysia Airlines chief executive Ahmad Jauhari Yahya said internal enquiries were under way, although he declined to give details.

A government spokesperson did not respond to Reuters questions over whether an investigation had been launched. The senior government source said it was aimed at getting a detailed picture of the initial response. It was unclear which government department was in charge or whether a formal probe had been opened.

MH370 Malaysia’s government has begun investigating civil aviation and military authorities to determine why opportunities to identify and track Malaysia Airlines Flight MH370 were missed in the chaotic hours after it vanished, two officials said.

The preliminary internal enquiries come as tensions mount between civilian and military authorities over who bears most responsibility for the initial confusion and any mistakes that led to a week-long search in the wrong ocean.

“What happened at that time is being investigated and I can’t say any more than that because it involves the military and the government,” a senior government official told Reuters.

If the visit is initiated by Hevea instead of the group of dealers and remisiers, I will put my hat off for the management of Hevea as I have not seen such a rare brokers coverage since Topglove days back in 2000.

This is a stamp of confidence by Hevea to tell you that they are at their best form now and beyond.

It certainly is a proactive move by the group of company dealers and remisiers to take the initiative to do a company visit to Hevea for the up close and personal first hand information.
Imagine what can it do to Hevea shares price if each of the dealer and remisier start to buy up one million Hevea shares each, either for themselves or through recommendation to their clients. That will be more than 10 million Hevea shares snapped up! This will be almost 11% of Hevea's issued shares.

I won't be surprised to see Hevea shares price trending much much higher in the coming days or weeks.

This is a tragedy of unimaginable proportions yet no one is being held accountable. Over the years we have witnessed tragedies like the Highland Tower, cracks in MRR2, stadiums collapsing, hospital roofs being blown off, extrajudicial killings, deaths in custody, white elephant projects, inflated cost of projects and many more, but no one individual has been held accountable, despite our auditor-general coming up with reports of abuses year in and year out.

Even if a person is charged, he is let off with a mere slap on the wrist. I urge the people of Malaysia to force the authority to form a RCI (royal commission of inquiry) on the missing MH370.

We should not compromise this time around and let those who slept on the job go scot-free. Heads must roll and we must prove to the world that is watching us with trepidation that Malaysians care for the 239 souls on MH370.

on a more consolatory note, if the pp is issued to Jho Low as Houseofodors suggested then for sure we can see Hevea shares price go skyward. Let's hope so

midterm wise, pp will lower the eps and increases the PE. The reason the company is raising a pp mean it needs the money either for operational use or to buy some things. This will be good for long term, of course.

However as an investor or punter, a pp is definitely a bad news as the company is allowed to give an up to 10% discount for the placees of the pp. This is something we as an ordinary investor do not enjoy.

We like to compare foreign and local media when covering events unfolding each day on MH370. But I think more importantly, we have to compare the calibre and education of local and foreign reporters and journalists. Granted that local media were stifled and circumscribed for years by the media hostile government, it is also my observation that most local reporters and journalists are of low standard unable to ask intelligent and difficult questions. This is over and above the appeasement and placation they have to show. In other words, even if the government is liberal, they are still unable to come up with the right questions at the right moment. They asked stupid and in the box questions most of the time.

Look like those in the know is selling already

On further check with merchant bankers around, it is confirmed a fund raising exercise. Hopefully it is not a full 1:1 rights issue, otherwise tuesday shares price sure drop.

Merchant banking circle has it that the announcement on Monday is regarding fund raising. Rights Issue?

The other company that did the same fire claims is LCHEONG. But in the second fire claim, the insurer Hong Leong Assurance refused to pay and the two are now fighting the case in the High Court of Seremban. The last trial was on April 2, 2014.

Look at LCHEONG shares price now, 0.185 !

one thing I noticed every time the sellers appears at 1.44, someone will buy up the shares. Must be collecting at this level

Strong buying almost 3 to 1

The announcement of a 2% dividend, although small in number, is a significant milestone to Hevea because it not only signified that the company is able to start rewarding its shareholders with the fruit of its labour, but more importantly, Hevea is telling its shareholders that the high debts problem is now finally over.

kudos to the management of Hevea and congratulations to all those who believed and persevered.

What happens to the volume? Comparing apple to apple, Hevea is a lot better. The only thing that it lacks is non-dividend paying and a fair bit of debt

Fundamental is very compelling to buy for long term growth. However the run from 1.00 to 1.50, a near 50% gain in hardly 2 months is a bit steep. Waiting for a retracement to around 1.35 level to buy Big for long term

icon8888 never do homework, hehe

the premium between the mother and son is closing in or tightening. Today's volume of Hevea shares is almost double that of WB also means that the WB is losing the appeal against Hevea shares. This is possibly why the WB lost a sen while the mother shares gained 2 sen.

This situation will continue if Hevea shares continue to gain ground.

@wikileaks,
Like your 面子是别人给的，架子是自己丢的

nLIKE