Another manipulated counter. 0.15 cents up in 1 hour.
Perisai is tailing behind you might catch some loose change in the morning session.

You never know what surprises the management will pull out this time. If past records are anything to go by, they are not known to be trustworthy.

What a waste of time and energy! Please limit the discussion to the purpose and theme of this forum. Where are the moderators?

Overvalued! Prices went up on the promise of a better revenue in the future. Can the Mahathir clan really generate more money? With a not so bright global economy expected in the second half on what basis should the price of SKpetro increase? Soon to be an Index Stock? The present price has factored in all the revenue it can make for the contracts they have won. Kenchana Capital is now exposed with the deal they made with Yinson. More money coming? Show me the money?

Many fell into the trap of purchasing Yinson. The price has risen too much and the Norwegian purchase has already been factored in before the purchase announcement. Expect major corrections. Show me the proof that Yinson can generate more revenue than what its share prices are valued at.

illegible

Which stock counter are you referring to?

That explains why the price was kept depressed for the last one week. Someone was accumulating!

First stage correction is over today. For tomorrow it depends on our latest understanding of QE and the FED. And off course what's new in Abenomics.

Any good reasons for that?

I thought I missed on THHEAVY's diversification

Since when THHEAVY has ventured into fishing?

Overbought. Correction is imminent.

High cash per share? For whose gain? Management used it to buy condo. No dividend for share holders. Can this management team be trusted?

As long as you keep the share until Ex date, dividend will be credited into your bank account. It is as simple as that. You have earned it!

at least until ex date.

Another attractive dividend counter is TIME. 0.03 sens after tax! Currently trading at 0.37 sens. Volume purchase will also give good returns to recover loses.

Should dump Supermax and buy P & O. The dividend will help to recover loses.

Japan’s Nikkei index slid 3.05% in early trade on Monday.

On Sunday, Bank of Japan Governor Haruhiko Kuroda said the bank will be vigilant to any signs of overheating of asset prices or excessive risk-taking by financial institutions, adding that there were no signs of that now.

Reuters

Trading on ex-basis today. The hidden value of its non-gaming operations would now be decoupled. Alliance Research has downgraded MPHB to TP of 3.60

What are the facts that is propping this counter?

Share prices are expected to undergo further profit-taking this week with the benchmark FBM KLCI possibly retreating to the 1760 points support level.

Weak regional sentiment coupled with softer commodities and the declining ringgit would be contributing factors.

Affin Investment Bank Vice-President/Head of Retail Research Dr Nazri Khan said the anticipation will dampen sentiment across the region, as any scale back of the bonds purchase, would limit liquidity flows into Asian emerging assets, including Malaysia.

The ringgit is likely to be lower against the US dollar next week, prompted by a lack of commercial demand for the local unit.

Affin Investment Bank Vice-President and Head of Retail Research Dr Nazri Khan said the minutes of the US Federal Open Market Committee (FOMC) meeting on Wednesday, showed that policy makers are now ready to start tapering off the US central bank’s third round of quantitative easing as early as June.

“We believe the anticipation will dampen sentiment across the region as any scale back of the bonds purchase would limit liquidity flows into Asian emerging assets including Malaysia,” he told Bernama.

Did not hit 1.8 as a result of stock market volatility on Thursday. Bound to attract dividend hunters on Monday. A very generous dividend indeed.

This is bound to generate interest on the stock. Maybe a big winner next week.

This is what we need to look out for. The moment funds go back to US as a result of higher interest, local market will suffer from foreigner pull out. Index stocks will be hit badly.

Thanks iafx for the latest updates. It seems normalcy is returning to the markets.

Ben Bernanke's statement was made public last night and when I read the papers this morning, what really struck me was his statement that the Fed's current monetary policy is providing significant benefits and that "a premature tightening of monetary policy could lead interest rates to rise temporarily but would also carry a substantial risk of slowing or ending the economic recovery and causing inflation to fall further."

How do you think we should interpret Ben Bernanke's statement?

There is not going to be any change in the Fed's monetary policy, not until unemployment falls meaningfully and inflation is where they want it to be. So, the environment of low interest rates will persist and this bodes well for the stock market.

Now, with the declines in the stock market yesterday, is the bear back? Well, is it? Naturally, no one knows.

What I know and would like to remind everyone about is that prices do not go up or down in a straight line. They climb a wall of worries and go down a river of hope. The uptrend is still pretty much intact and pull backs are only normal. Today is another pull back and the worries are China's weaker data and, apparently, Ben Bernanke's statement.

With lower prices, now, we see better value. Of course, this is assuming that there are no material changes which will adversely affect our investments. If the fundamentals are unchanged, a good investment at a lower price offers greater value for money. Then, look at the technicals. If these are benign, we should be buying on weakness.

In a nutshell, if the fundamentals remain good and if the technicals are benign, pull backs are buying opportunities.

So, what should we do? Prepare a list of the stocks we are interested in. Determine what are the prices we would like to buy at as well as the reasons backing those decisions. Remember, if we cannot convince ourselves why we are buying at a certain price, we really don't have a good reason to be buying.

Have a plan and follow the plan.

Yes TOPIX, Japanese Stocks Plunge Most Since March 2011. Abenomics pushed the stock market up to soon too fast. Major correction is on the way.

If you are using your own money than there is no cause for concern. Shut your computer down and enjoy your holidays. Things will be back to normal middle of next week. If you are on margin trading, bite the bullet and cut your loss.

Well the coming holidays do have a bearing but the weak sentiments around the major markets seems to be influencing KLSE.

"Asian Markets sell off on Bernanke remarks"

Reuters) - Hawkish comments by U.S. Federal Reserve Chairman Ben Bernanke and weakness in China's factory activity rattled Asian markets on Thursday, sending stock prices down, the U.S. dollar to three-year highs, and Japanese government bond yields to their highest in a year.

Stock and bond markets took their cue from the drop in U.S. equities and Treasuries after Bernanke's remarks at a Congressional hearing sparked worries of an earlier than expected reduction in U.S. monetary stimulus.

A weak manufacturing survey from China added to concerns about a delayed recovery in the world's second-largest economy and furthered those losses, dragging MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS down 2.1 percent.

Dividend

EX-date : 20/06/2013
Entitlement date : 24/06/2013
Entitlement time : 04:00:00 PM
Entitlement subject : Final Dividend
Entitlement description : Final tax exempt (single tier) dividend of 10% (2.50 sen per share)

Special Dividend

EX-date : 20/06/2013
Entitlement date : 24/06/2013
Entitlement time : 04:00:00 PM
Entitlement subject : Special Dividend
Entitlement description : Special tax exempt (single tier) dividend of 15% (3.75 sen per share)

The dividend is attractive and may draw a lot of investors. RM2.00 is a realistic target before ex date.

EX-date : 05/06/2013
Entitlement date : 07/06/2013
Entitlement time : 05:00:00 PM
Entitlement subject : Special Dividend
Entitlement description : Special Dividends - franked dividend of 15.17 sen less 25% income tax and tax exempt dividend of 3.82 sen per ordinary share of MYR0.50 each

Period of interest payment : to
Financial Year End : 30/09/2013

old news

Bursa has issued UMA to Luster.

It is one of the cheapest banking stock in the market.
MBSB has applied for full banking license. Long term target 4.0

EX-date 14/05/2013
Entitlement date 16/05/2013
Entitlement time 04:00:00 PM
Entitlement subject Special Dividend
Entitlement description Special Dividend of 18% less 25% Income Tax
Period of interest payment to
Financial Year End 31/12/2012
Payment date 30/05/2013
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers 16/05/2013
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit 14/05/2013
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator Percentage
Entitlement in percentage (%) 18

Too bad many of you have fallen to the post election good feel gain.
There is no basis for the share price to go up for this counter in the first place.

Companies like LBS should not be allowed to List on the exchange. They are just crooks after your money!

char kueh tiao apek ???

Is this price sustainable?

norhafizal what is "kejaplagi lagi..lagila...hehe"

Soon Umno Baru will be called UMNO Terbaru

Three more H7N9 cases reported in China



BEIJING, April 28 (Xinhua) -- Three more H7N9 bird flu cases were confirmed Sunday in east China's Zhejiang and Jiangxi Provinces, according to local authorities.

A 38-year-old man surnamed Xu tested positive for the bird flu in Zhejiang's capital of Hangzhou, according to the provincial health department.

He exhibited flu symptoms on April 18 and is now hospitalized at the First Affiliated Hospital at Zhejiang University.

Six of the 46 cases reported in the province have resulted in death, while nine people have been discharged from the hospital after making a full recovery.

"Few of the newly confirmed patients are in critical condition," said Li Lanjuan, who is in charge of H7N9 treatment at the First Affiliated Hospital, Zhejiang University

She said the epidemic is expected to come under control in Zhejiang due to the closure of live poultry markets and increasing temperatures.

An 80-year-old man surnamed Xiong and a 31-year-old woman surnamed Xu in Jiangxi Province tested positive for H7N9 bird flu on Sunday as well, according to the provincial health department.

Of the 19 people who had close contact with the two patients, none have shown any abnormal symptoms so far.

http://news.xinhuanet.com/english/health/2013-04/28/c_132347928.htm

US health leader warns of human-to-human H7N9 bird flu

There is no evidence that the deadly H7N9 bird flu has yet spread between humans in China but health authorities must be ready for the virus to mutate at any time, a top US virologist has warned.

Anthony Fauci, the head of the National Institute of Allergy and Infectious Diseases (NIAID), said officials in China had studied more than 1,000 close contacts of confirmed cases and not found any evidence of human-to-human transmission.

“That is powerful evidence because if you had a thousand contacts with someone with the flu you would be pretty sure some of them would have been infected,” Fauci said.

Nevertheless, Fauci cautioned that authorities needed to be ready for the possibility of the virus mutating and spreading between humans.

http://www.scmp.com/news/china/article/1225268/us-health-leader-warns-human-human-h7n9-bird-flu

5789 - LBS BINA GROUP BERHAD
LBS BINA 4QE DEC 2012 NET PROFIT RISES TO RM8.0M AS REVENUE FALLS - 26 April 2013

LBS BINA GROUP's Net Profit for 4QE Dec 2012 rose to RM7.95m, compared with RM6.6m same quarter a year ago, while Revenue slipped to RM139.31m from RM147.51m same quarter a year earlier.

The Company reported Feb 26, 2013 that revenue was lower due to to change in product mix, slower construction activities due to erratic weather condition during the period and increase in project costs and Operating Expenses.

FULL FYE DEC 2012 NET PROFIT RISES TO RM37M

For FYE Dec 2012, Net Profit increased to RM37.77m from RM34.3m previously, while Revenue was up to RM531.64m from RM449.57m a year ago.

The Company said that the improved full-year earnings were attributable to progressive recognition of revenue and profit contribution from several of its ongoing projects which had good take up rates.

The ongoing projects are D’ Island Residence and The Lake Residence in Puchong, Cameron Golden Hills and Brinchang Square in Cameron Highlands, Min Garden in Batu Pahat, Lavender 2, Iris Garden II, Topaz III & IV, Ivory Residences, Ivory Residences II, Indigo Homes, Magenta Homes, Camelia Cottage, Pearl Villa, Royal Ivory, Royal Ivory 2, Royal Garden and I Hub Puchong in Bandar Saujana Putra, as well as other commercial and industrial projects such as Taman Perindustrian Tasik Perdana in Puchong and Saujana Business Park in Bandar Saujana Putra.
' .... The Group has achieved sales of RM871m in the year 2012, which represents 32% increase, compared with RM662m sales in 2011 ....' LBS said. ' .... The Group plans to launch its new projects in Cameron Highlands, Klang Valley, Batu Pahat and will continue to source for strategic development lands to further enhance its performance ....'.

19 ONGOING PROJECTS & UNBILLED SALES OF RM745M

With the 19 ongoing projects and Unbilled Sales of about RM745m as at Dec 31, 2012, LBS said it was confident of achieving further improvement in its performance for the financial year ending Dec 31, 2013.

Folks be warned. There is no basis for the price increase. Something is not right here.

http://www.theedgemalaysia.com/business-news/237191-hot-stock-astro-rises-3-despite-us20b-claim-statement.html

soulmad you may have a point.

During IPO many staffs were encouraged to take loans to buy their shares as they were con into believing that the price will go up significantly. But it did not and many of them were left bitter. So this price rise today may be related to what you have pointed out as creating a positive feeling amongst the staff. You never know where the invisible hand comes from!

What is the reason for the 0.7 cents rise this morning?