limch

limch | Joined since 2015-08-29

Investing Experience -
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Be greedy when others fearful-Warren Buffett. UM graduate. 27 years experience in stock market. Graduate same faculty like KWAP CEO. Like CPO and property counters bec believe land will appreciate over time.

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Stock

2017-09-25 09:53 | Report Abuse

RM 6 pls come. U Malacca can why not SOP?

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2017-09-25 09:49 | Report Abuse

Our PM yesterday warns of fake news. Hopefully MIDF 40 sen TP not fake 1?

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2017-09-25 09:40 | Report Abuse

When people expect GE next year why not hold this year instead?

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2017-09-25 09:38 | Report Abuse

Perhaps monsoon period come early by the time GE is held later this year rainy period over?

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2017-09-24 16:44 | Report Abuse

1 time EPF buy can cover 100 times TH sell.

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2017-09-24 16:43 | Report Abuse

21-Sep-2017 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 1,009,702 shares on 13-Sep-2017.
https://klse.i3investor.com/servlets/stk/9679.jsp

News & Blogs

2017-09-24 16:42 | Report Abuse

Good article. EPF has bought a lot recently.

Stock

2017-09-24 10:57 | Report Abuse

Exclusive: 'Kiddie packs will help fight illicit cigarette trade'

By KALBANA PERIMBANAYAGAM and THARANYA ARUMUGAM - September 23, 2017 @ 9:37am
ALLOWING the sale of smaller packs of cigarettes makes sense for a number of reasons, tobacco companies argue.

The major reason, of course, is financial, but it is not just for the benefit of these companies, but others, such as retailers and the government.

The reason for this is the staggering numbers of illicit cigarettes available in the market, which go for anywhere between RM3 and RM5 per pack of 20 sticks, compared with between RM12 and RM17 for legal ones.

Citing government-culled statistics, they say an average of 60 per cent of cigarettes in the Malaysian market are illicit, meaning that the government loses out on 60 per cent of the revenue in the form of excise duties, and this amounts to billions of ringgit.

British American Tobacco (Malaysia) Bhd (BAT Malaysia) managing director Erik Stoel says the biggest challenge the industry faced is competing against illegal cigarette trade in Malaysia.

“The trade in illegal cigarettes in Malaysia has grown to an extent that it now dominates the market in the east coast states, where retailers are openly selling them on their shelves.

“These smugglers and retailers are not deterred by the punishment and fines they get, if caught, because the profit they make is worth the trouble.”

Stoel says penetration for illicit cigarettes varies.

For instance, he says, in states with more urban areas, the statistics are below the national average of 60 per cent.

But in the east coast, where the earning power is lower, the numbers are much higher.

Kelantan, he says, has a penetration of 83 per cent for illicit cigarettes, while Terengganu shows a 75 per cent market penetration.

“While enforcement is crucial and ongoing, it is a very challenging task to clamp down on the supply of more than 11 billion sticks of illegal cigarettes that is moving around.

“Strong enforcement to curtail supply is important, but this alone will not shift illegal into legal consumption.

“Due to this uncontrollable influx of smuggled cigarettes, the Customs Department has lost a lot to the illegal trade, especially in terms of tax revenue.”

JT International Bhd (JTI Malaysia) managing director Guilherme Silva shares Stoel’s views on the reintroduction of smaller packs, adding that there is the possibility of a reduction in cigarette consumption.

He says when a consumer buys a 20-stick pack, it is likely that he or she will finish the whole pack in a day and not keep it overnight because of freshness issues.

“If they buy smaller 10-stick packs, they might stop at one box a day and get a new box of 10 the next day.”


With the increased cigarette prices, says Silva, more and more smokers are turning to illicit ones, even though they know the risks of smoking such cigarettes are higher due to unregulated amounts of nicotine and tar.

“(If we have smaller packs), there is a possibility that these smokers will buy legal cigarettes with regulated amounts of nicotine and tar.”

Both Stoel and Silva insist that “kiddie packs” will not encourage the young to smoke.

They say excise duties on tobacco products are based on each stick, meaning that the price of a pack of 10 — between RM7 and RM9 — will still be higher than buying a pack of 20 sticks of illicit cigarettes.

Silva says the industry hopes that the government could consider their proposal for the reintroduction of small packs as a pilot project with a three-year duration, before observing its trend and impact.

“Malaysia is among the top three Asean countries in the trade of illicit cigarettes, above the Philippines, Cambodia and even Indonesia.”

He says this may well change with the introduction of “kiddie packs”.

While lauding Customs Department’s enforcement strategies over the last few years, Silva and Stoel say a joint effort between government agencies and the private sector, such as BAT and JTI, will produce better results in the fight against illicit cigarettes.

However, Stoel says, enforcement alone will not carry the day, adding that this is why the tobacco industry believes smaller packs would help the fight against illicit cigarette trade.

On the often-quoted Framework Convention on Tobacco Control (FCTC), which recommends that countries raise excise duties, among other steps, to curb smoking, both Stoel and Silva say one of the reasons illicit cigarette trade has increased so much in Malaysia is the increase in duties.

They claim that the increase in duties has been too drastic and fast, and point out that while they are recommended by FCTC, anti-tobacco lobbyists fail to realise or mention that the convention recommends a gradual increase so as to prevent such a problem as that being faced by Malaysia today.
https://www.nst.com.my/news/nation/2017/09/282946/exclusive-kiddie-packs-will-help-fight-illicit-cigarette-trade

Stock

2017-09-24 10:50 | Report Abuse

EPF and KWAP bought a lot recently.

Stock

2017-09-24 10:49 | Report Abuse

21-Sep-2017 Insider KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (a substantial shareholder) acquired 1,000,000 shares on 14-Sep-2017.
21-Sep-2017 Insider KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (a substantial shareholder) disposed 647,100 shares on 14-Sep-2017.
21-Sep-2017 Insider KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (a substantial shareholder) acquired 140,000 shares on 15-Sep-2017.
21-Sep-2017 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 1,800,000 shares on 08-Sep-2017.
21-Sep-2017 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 771,900 shares on 08-Sep-2017.
21-Sep-2017 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 500,000 shares on 08-Sep-2017.
21-Sep-2017 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 100,000 shares on 08-Sep-2017.
https://klse.i3investor.com/servlets/stk/1023.jsp

Stock

2017-09-24 10:21 | Report Abuse

One positive changes since Z and others suspension and Sulaiman brief appointment as acting chairman is big jump in FGV CPO and rubber output in July.

MONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)

FELDA GLOBAL VENTURES HOLDINGS BERHAD

Type Announcement
Subject MONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)
Description CROP OUTPUT FOR JULY 2017
The production figures of the Felda Global Ventures Holdings Berhad for the month of July 2017 set out below:

Items Production
Fresh Fruit Bunches 436,252MT
Rubber 440,656 KG
Crude Palm Oil Produced 289,208 MT
Palm Kernel Produced 71,980 MT
This announcement is dated 28th August 2017.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5528705

Stock

2017-09-23 22:18 | Report Abuse

Sold some when M3Tech fried to 13 sen.. Probably from RI 10 sen.

Posted by upshare > Sep 23, 2017 06:37 PM | Report Abuse

E wallet coming..
Vopee coming...
Price shut up....

Thatwise the jerung inside this counter will come very soon...

I heard from i3 member that xox sold the m3 share already.. is it true???

Stock

2017-09-23 15:27 | Report Abuse

Counters such as Petra Energy Bhd, Sapura Energy Bhd, Carimin Petroleum Bhd, Deleum Bhd
and Dayang Enterprise Holdings Bhd have been on the uptrend since September on the anticipation of more projects for the industry.
Read more at http://www.thestar.com.my/business/business-news/2017/09/23/oil-and-gas-shares-back-on-investors-radar/#UqEAYPscFQO3iFPy.99

Stock

2017-09-21 20:59 | Report Abuse

Govn(through MAS) did the right thing. US funds don't buy FGV(or M'sian stocks) why must we buy their Boeing planes in return?

Stock

2017-09-21 17:02 | Report Abuse

I don't think PM Najib is desperate to call GE now when FGV only 1.67. FGV above RM 2 more acceptable to Felda settlers than 1.67.

Stock

2017-09-21 16:51 | Report Abuse

Vivo can up when more counters down today not bad.

Stock

2017-09-21 16:37 | Report Abuse

Today Star says GE 14 likely in 2017 FGV zzz how?

Stock

2017-09-21 16:35 | Report Abuse

Why terrible flood in Penang? Must tukar to BN?

Stock

2017-09-21 16:05 | Report Abuse

Ambank raise WCT TP to 1.91 from 1.88-Starbiz.

Stock

2017-09-21 16:01 | Report Abuse

lenglui you work for Tabung Haji? Why your call is same as TH?

Stock

2017-09-21 15:59 | Report Abuse

EPF has more money their buying can continue. TH wrong to buy loss QR DRB when EPF already sold.

Stock

2017-09-20 23:46 | Report Abuse

2 years ago Vivo started to move from end Sep. 2017 the same?
https://klse.i3investor.com/servlets/stk/chart/0069.jsp

Stock

2017-09-20 11:20 | Report Abuse

GE 14 looming. Not easy to just terminate Z since he is Felda settlers son. KWAP(or someone said EPF) buy FGV is win-win for all.

Stock

2017-09-20 04:30 | Report Abuse

Buy back. 13 sen dividend coming soon.

limch Sold at RM 7.08. Bought AMMB.
30/08/2017 17:23

Stock

2017-09-20 04:02 | Report Abuse

DATO RICHARD WEE LIANG HUAT @ RICHARD WEE LIANG CHIAT (a company director) acquired 44,000,000 shares at 0.067 on 19-Sep-2017.
http://klse.i3investor.com/servlets/stk/7013.jsp

Stock

2017-09-19 15:17 | Report Abuse

bought at 6.5 sen.

Stock

2017-09-19 15:14 | Report Abuse

bought at 24 sen.

Stock

2017-09-19 15:13 | Report Abuse

Add more 74 sen.

Stock

2017-09-16 21:28 | Report Abuse

Why EPF can invest in US?

Posted by Lau333 > Sep 16, 2017 08:45 PM | Report Abuse
My conjecture is,to EPF and some fund managers, Hengyuan is not shariah compliant investment.

Stock

2017-09-14 17:26 | Report Abuse

I read "his" is a female, how to say accurate?
https://klse.i3investor.com/servlets/cube/post/coldinvestor.jsp

power96 Ask cold investor, his info very accurate
14/09/2017 16:32

Stock

2017-09-13 16:33 | Report Abuse

You never hear Kenanga, CIMB, RHB etc say good about FGV. Why when issue CW different story?

Stock

2017-09-13 16:26 | Report Abuse

If BN lose in GE 14 must blame IBs'. Why issue so many CWs' if FGV not good as they claim? Bursa also must be blamed for their approvals.

Stock

2017-09-13 15:48 | Report Abuse

Having Azhar as FGV chairman better than Isa Samad 5 years as FGV chairman. Sulaiman at 68 also old already and still is TM chairman not so good for FGV.

Stock

2017-09-13 15:45 | Report Abuse

DI result delay until PM return from US?

Stock

2017-09-13 15:43 | Report Abuse

Actually PM Najib can appoint anyone to be FGV chairman including Sulaiman earlier acting chairman. Why he choose Azhar instead?

Stock

2017-09-13 12:37 | Report Abuse

If I am Azhar I will remove CFO but retain Z until 2019.

Stock

2017-09-13 12:35 | Report Abuse

Fair comment. Azhar just joined FGV. He is accountant so can judge DI better perhaps not FGV BOD. Z in under contract until 2019.

focusinvestor @AdCool, I think Azhar is doing a right thing to delay the result, he just joined last Friday and please do not expect him to deliver DI result in 2-3 days. He need to know in detail of the case, fact finding and recommendation from DI panel before he can announce the result. He know that whatever the result will impact him indirectly as a Chairman and FGV as a whole. Thus, he need to be prepared to face all the consequences.
13/09/2017 10:53

Stock

2017-09-13 12:11 | Report Abuse

If Tune not cheap why Korean and Mercantile interested?

Stock

2017-09-13 12:09 | Report Abuse

11 sen not cheap wait 15 sen cheaper?

Stock

2017-09-13 12:05 | Report Abuse

Laggard CI stocks catching up?

Stock

2017-09-13 11:58 | Report Abuse

WILLOWGLEN MSC BERHAD

Type Announcement
Subject TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A))
Description WILLOWGLEN MSC BERHAD ("WILLOWGLEN" OR "THE COMPANY")

RECEIPT OF NOTICE OF UNCONDITIONAL MANDATORY TAKE-OVER OFFER FROM RHB INVESTMENT BANK BERHAD ON BEHALF OF NEW ADVENT SDN BHD ("NEW ADVENT")
The Board of Directors of Willowglen (“Board”) wishes to announce that Willowglen has on 12 September 2017 received a notice of unconditional mandatory take-over offer (“Notice”) from RHB Investment Bank Berhad on behalf of New Advent (“Offeror”) to acquire all the remaining ordinary shares in Willowglen not already held by the Offeror and its persons acting in concert, amounting to 109,500,093 ordinary shares in Willowglen (“Offer Share(s)”), representing approximately 45.0% of the total number of issued shares in Willowglen (excluding 4,673,400 treasury shares), at a cash offer price of RM0.80 per Offer Share.

A copy of the Notice is attached herewith and will be posted to the holders of the Offer Shares within 7 days from the date of this announcement.

This announcement is dated 12 September 2017.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5541261

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