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2016-07-19 09:26 | Report Abuse
Businesses must stay alert as China economy evolves, says HSBC
KUALA LUMPUR: Businesses must remain vigilant as China’s economic cycle evolves, especially those companies engaged in overseas trade after the world’s second largest economic released its economic data, according to HSBC Malaysia.
China's economy grew slightly faster than financial markets expected in the second three months of 2016, expanding by 6.7% from a year ago to stay flat to the pace set in Q1 when growth was at its slowest quarter since 2009.
HSBC Malaysia’s head of global trade and receivables finance, Debbie Mak, said the data showed the need for businesses to remain vigilant as the economic cycle evolves.
"China's growth prospects are crucial for companies engaged in overseas trade and today's data underscore the importance of prudently managing balance sheet and working capital risks in this current phase of the economic cycle," she said.
Fixed asset investment growth, a key gauge of the resilience of economic performance, slipped to 9% in the first half of 2016 versus 9.6% in the first five months of the year.
Private sector investment rose 2.8% in the first half of the year, down from 3.9% in the first five months.
China continues to remain as Malaysia’s largest trading partner for the 7th consecutive year since 2009. Over the years, both countries have pledged to build stronger all-round strategic partnership in areas including trade, finance, port development and logistics, banking and infrastructure.
Mak said Chinese companies are eyeing opportunities in Malaysia.
“Reflecting the opportunities, China's M&A into Malaysia has been the busiest on record, both in terms of volume and number of big deals. Real estate, consumer products and retail have been the most active sectors,” she added.
From January to July 2015, Chinese M&A into Malaysia rose nearly four times to US$830mil compared with the entire 2014, she said.
“It is also expected that trade between Malaysia and China will reach US$160bil by 2017,” May added.
2016-07-19 09:24 | Report Abuse
Declared Bonus issue 1:4 on 12 July to reward shareholders.
Q1 result Profit after Tax RM20mil. Exceeded expectation.
Q2 result Profit estimated abive RM21mil. Above expectation again. To be announced in Aug 2016
2016-07-19 09:21 | Report Abuse
Five solid financial institutions ( CIMB, MIDF, SJ Securities, Mercury Securities and TA ) advocating a BUY CALL for Vivocom with Target Price at 72 sen.
2016-07-19 09:19 | Report Abuse
Just ignore that ID Disagree. Don't respond to him. That is what I am strictly doing. He just want to talk rubbish. He is Vivocom's competitor and want to see Vivocom fail. He will not succeed. He will eventually disappear.
2016-07-19 09:11 | Report Abuse
Just ignore that ID Disagree. Don't respond to him. That is what I am strictly doing. He just want to talk rubbish. He is Vivocom's competitor and want to see Vivocom fail. He will not succeed. He will eventually disappear.
2016-07-19 09:09 | Report Abuse
Just ignore that ID Disagree. Don't respond to him. That is what I am strictly doing. He just want to talk rubbish. He is Vivocom's competitor and want to see Vivocom fail. He will not succeed. He will eventually disappear.
2016-07-19 09:06 | Report Abuse
Just ignore that ID Disagree. Don't respond to him. That is what I am strictly doing. He just want to talk rubbish. He will eventually disappear.
2016-07-19 09:03 | Report Abuse
Just ignore that ID Disagree. He just want to talk rubbish. He will eventually disappear.
2016-07-19 09:00 | Report Abuse
Just ignore that ID Disagree. He just want to talk rubbish. He will eventually disappear.
2016-07-19 08:59 | Report Abuse
Just ignore that ID Disagree.
2016-07-19 08:48 | Report Abuse
OTHERS RUMOURS OR SPECULATIONS REGARDING DATO SERI DR. YEOH SEONG MOK ON HIS PURPORTED INTENTION TO RESIGN OR RETIRE FROM THE COMPANY.
VIVOCOM INTL HOLDINGS BERHAD
Type Announcement
Subject OTHERS
Description RUMOURS OR SPECULATIONS REGARDING DATO SERI DR. YEOH SEONG MOK ON HIS PURPORTED INTENTION TO RESIGN OR RETIRE FROM THE COMPANY.
VIVOCOM INTL HOLDINGS BERHAD (formerly known as INSTACOM GROUP BERHAD) ("VIVOCOM" OR THE "COMPANY")
We refer to our announcement dated 27 June 2016 and the recent news articles pertaining to rumours or speculations regarding Dato’ Seri Dr. Yeoh Seong Mok on his purported intention to resign or retire from the Company.
The Board of Directors (“Board”) would like to deny such rumours and speculations and wishes to clarify and confirm that Dato’ Seri Dr. Yeoh Seong Mok shall remain as the CEO of the Company, and that he has no intention of leaving the Company as reported in the press.
The Board takes note of its obligations under the listing requirements on timely disclosure of material developments and will make the necessary announcements of such pertinent matters accordingly.
2016-07-19 08:48 | Report Abuse
OTHERS RUMOURS OR SPECULATIONS REGARDING DATO SERI DR. YEOH SEONG MOK ON HIS PURPORTED INTENTION TO RESIGN OR RETIRE FROM THE COMPANY.
VIVOCOM INTL HOLDINGS BERHAD
Type Announcement
Subject OTHERS
Description RUMOURS OR SPECULATIONS REGARDING DATO SERI DR. YEOH SEONG MOK ON HIS PURPORTED INTENTION TO RESIGN OR RETIRE FROM THE COMPANY.
VIVOCOM INTL HOLDINGS BERHAD (formerly known as INSTACOM GROUP BERHAD) ("VIVOCOM" OR THE "COMPANY")
We refer to our announcement dated 27 June 2016 and the recent news articles pertaining to rumours or speculations regarding Dato’ Seri Dr. Yeoh Seong Mok on his purported intention to resign or retire from the Company.
The Board of Directors (“Board”) would like to deny such rumours and speculations and wishes to clarify and confirm that Dato’ Seri Dr. Yeoh Seong Mok shall remain as the CEO of the Company, and that he has no intention of leaving the Company as reported in the press.
The Board takes note of its obligations under the listing requirements on timely disclosure of material developments and will make the necessary announcements of such pertinent matters accordingly.
2016-07-19 08:47 | Report Abuse
Businesses must stay alert as China economy evolves, says HSBC
KUALA LUMPUR: Businesses must remain vigilant as China’s economic cycle evolves, especially those companies engaged in overseas trade after the world’s second largest economic released its economic data, according to HSBC Malaysia.
China's economy grew slightly faster than financial markets expected in the second three months of 2016, expanding by 6.7% from a year ago to stay flat to the pace set in Q1 when growth was at its slowest quarter since 2009.
HSBC Malaysia’s head of global trade and receivables finance, Debbie Mak, said the data showed the need for businesses to remain vigilant as the economic cycle evolves.
"China's growth prospects are crucial for companies engaged in overseas trade and today's data underscore the importance of prudently managing balance sheet and working capital risks in this current phase of the economic cycle," she said.
Fixed asset investment growth, a key gauge of the resilience of economic performance, slipped to 9% in the first half of 2016 versus 9.6% in the first five months of the year.
Private sector investment rose 2.8% in the first half of the year, down from 3.9% in the first five months.
China continues to remain as Malaysia’s largest trading partner for the 7th consecutive year since 2009. Over the years, both countries have pledged to build stronger all-round strategic partnership in areas including trade, finance, port development and logistics, banking and infrastructure.
Mak said Chinese companies are eyeing opportunities in Malaysia.
“Reflecting the opportunities, China's M&A into Malaysia has been the busiest on record, both in terms of volume and number of big deals. Real estate, consumer products and retail have been the most active sectors,” she added.
From January to July 2015, Chinese M&A into Malaysia rose nearly four times to US$830mil compared with the entire 2014, she said.
“It is also expected that trade between Malaysia and China will reach US$160bil by 2017,” May added.
2016-07-19 08:46 | Report Abuse
Businesses must stay alert as China economy evolves, says HSBC
KUALA LUMPUR: Businesses must remain vigilant as China’s economic cycle evolves, especially those companies engaged in overseas trade after the world’s second largest economic released its economic data, according to HSBC Malaysia.
China's economy grew slightly faster than financial markets expected in the second three months of 2016, expanding by 6.7% from a year ago to stay flat to the pace set in Q1 when growth was at its slowest quarter since 2009.
HSBC Malaysia’s head of global trade and receivables finance, Debbie Mak, said the data showed the need for businesses to remain vigilant as the economic cycle evolves.
"China's growth prospects are crucial for companies engaged in overseas trade and today's data underscore the importance of prudently managing balance sheet and working capital risks in this current phase of the economic cycle," she said.
Fixed asset investment growth, a key gauge of the resilience of economic performance, slipped to 9% in the first half of 2016 versus 9.6% in the first five months of the year.
Private sector investment rose 2.8% in the first half of the year, down from 3.9% in the first five months.
China continues to remain as Malaysia’s largest trading partner for the 7th consecutive year since 2009. Over the years, both countries have pledged to build stronger all-round strategic partnership in areas including trade, finance, port development and logistics, banking and infrastructure.
Mak said Chinese companies are eyeing opportunities in Malaysia.
“Reflecting the opportunities, China's M&A into Malaysia has been the busiest on record, both in terms of volume and number of big deals. Real estate, consumer products and retail have been the most active sectors,” she added.
From January to July 2015, Chinese M&A into Malaysia rose nearly four times to US$830mil compared with the entire 2014, she said.
“It is also expected that trade between Malaysia and China will reach US$160bil by 2017,” May added.
2016-07-19 08:46 | Report Abuse
Businesses must stay alert as China economy evolves, says HSBC
KUALA LUMPUR: Businesses must remain vigilant as China’s economic cycle evolves, especially those companies engaged in overseas trade after the world’s second largest economic released its economic data, according to HSBC Malaysia.
China's economy grew slightly faster than financial markets expected in the second three months of 2016, expanding by 6.7% from a year ago to stay flat to the pace set in Q1 when growth was at its slowest quarter since 2009.
HSBC Malaysia’s head of global trade and receivables finance, Debbie Mak, said the data showed the need for businesses to remain vigilant as the economic cycle evolves.
"China's growth prospects are crucial for companies engaged in overseas trade and today's data underscore the importance of prudently managing balance sheet and working capital risks in this current phase of the economic cycle," she said.
Fixed asset investment growth, a key gauge of the resilience of economic performance, slipped to 9% in the first half of 2016 versus 9.6% in the first five months of the year.
Private sector investment rose 2.8% in the first half of the year, down from 3.9% in the first five months.
China continues to remain as Malaysia’s largest trading partner for the 7th consecutive year since 2009. Over the years, both countries have pledged to build stronger all-round strategic partnership in areas including trade, finance, port development and logistics, banking and infrastructure.
Mak said Chinese companies are eyeing opportunities in Malaysia.
“Reflecting the opportunities, China's M&A into Malaysia has been the busiest on record, both in terms of volume and number of big deals. Real estate, consumer products and retail have been the most active sectors,” she added.
From January to July 2015, Chinese M&A into Malaysia rose nearly four times to US$830mil compared with the entire 2014, she said.
“It is also expected that trade between Malaysia and China will reach US$160bil by 2017,” May added.
2016-07-19 08:45 | Report Abuse
Five solid financial institutions ( CIMB, MIDF, SJ Securities, Mercury Securities and TA ) advocating a BUY CALL for Vivocom with Target Price at 72 sen.
- Declared Bonus issue 1:4 on 12 July to reward shareholders.
- Q1 result Profit after Tax RM20mil. Exceeded expectation.
- Q2 result Profit estimated abive RM21mil. Above expectation again. To be announced in Aug 2016
- Forecast profit FYE2016 is RM60mil.
- Total Order book currently stand at RM1.4bil.
- RM600mil project is in the final stage of completion. To be announced in Aug 2016.
- Total project pipeline RM3.0 bil.
- There is a plan to move Vivocom to Main Board in 2017.
- Share Capital 2.6bil. Vivocom has the largest market capitalization for the SME sector.
- Current Net Tangible Asset is 29 sen.
- Business Partners include CRCC, China MCC, Regal International Group, Zhonghe Haoxing, China Power Energy etc...
- Current projects include Ipoh/Perak - 600 mil , D'Idaman (Phase 5) - 230 mil, Regal Tropics Sarawak - 250 mil, V Plaza Balakong - 23 mil, Regal Singapore - 200 mil, M101 Skywheel - 500 mil.
These finalisation projects totalling up to 1.803 bil and added to current bookorder of 1.4bil. Vivocom already meet the target of 3 bil lasting up to 2018.
2016-07-19 08:45 | Report Abuse
Five solid financial institutions ( CIMB, MIDF, SJ Securities, Mercury Securities and TA ) advocating a BUY CALL for Vivocom with Target Price at 72 sen.
- Declared Bonus issue 1:4 on 12 July to reward shareholders.
- Q1 result Profit after Tax RM20mil. Exceeded expectation.
- Q2 result Profit estimated abive RM21mil. Above expectation again. To be announced in Aug 2016
- Forecast profit FYE2016 is RM60mil.
- Total Order book currently stand at RM1.4bil.
- RM600mil project is in the final stage of completion. To be announced in Aug 2016.
- Total project pipeline RM3.0 bil.
- There is a plan to move Vivocom to Main Board in 2017.
- Share Capital 2.6bil. Vivocom has the largest market capitalization for the SME sector.
- Current Net Tangible Asset is 29 sen.
- Business Partners include CRCC, China MCC, Regal International Group, Zhonghe Haoxing, China Power Energy etc...
- Current projects include Ipoh/Perak - 600 mil , D'Idaman (Phase 5) - 230 mil, Regal Tropics Sarawak - 250 mil, V Plaza Balakong - 23 mil, Regal Singapore - 200 mil, M101 Skywheel - 500 mil.
These finalisation projects totalling up to 1.803 bil and added to current bookorder of 1.4bil. Vivocom already meet the target of 3 bil lasting up to 2018.
2016-07-19 08:45 | Report Abuse
Five solid financial institutions ( CIMB, MIDF, SJ Securities, Mercury Securities and TA ) advocating a BUY CALL for Vivocom with Target Price at 72 sen.
- Declared Bonus issue 1:4 on 12 July to reward shareholders.
- Q1 result Profit after Tax RM20mil. Exceeded expectation.
- Q2 result Profit estimated abive RM21mil. Above expectation again. To be announced in Aug 2016
- Forecast profit FYE2016 is RM60mil.
- Total Order book currently stand at RM1.4bil.
- RM600mil project is in the final stage of completion. To be announced in Aug 2016.
- Total project pipeline RM3.0 bil.
- There is a plan to move Vivocom to Main Board in 2017.
- Share Capital 2.6bil. Vivocom has the largest market capitalization for the SME sector.
- Current Net Tangible Asset is 29 sen.
- Business Partners include CRCC, China MCC, Regal International Group, Zhonghe Haoxing, China Power Energy etc...
- Current projects include Ipoh/Perak - 600 mil , D'Idaman (Phase 5) - 230 mil, Regal Tropics Sarawak - 250 mil, V Plaza Balakong - 23 mil, Regal Singapore - 200 mil, M101 Skywheel - 500 mil.
These finalisation projects totalling up to 1.803 bil and added to current bookorder of 1.4bil. Vivocom already meet the target of 3 bil lasting up to 2018.
2016-07-19 08:45 | Report Abuse
Five solid financial institutions ( CIMB, MIDF, SJ Securities, Mercury Securities and TA ) advocating a BUY CALL for Vivocom with Target Price at 72 sen.
- Declared Bonus issue 1:4 on 12 July to reward shareholders.
- Q1 result Profit after Tax RM20mil. Exceeded expectation.
- Q2 result Profit estimated abive RM21mil. Above expectation again. To be announced in Aug 2016
- Forecast profit FYE2016 is RM60mil.
- Total Order book currently stand at RM1.4bil.
- RM600mil project is in the final stage of completion. To be announced in Aug 2016.
- Total project pipeline RM3.0 bil.
- There is a plan to move Vivocom to Main Board in 2017.
- Share Capital 2.6bil. Vivocom has the largest market capitalization for the SME sector.
- Current Net Tangible Asset is 29 sen.
- Business Partners include CRCC, China MCC, Regal International Group, Zhonghe Haoxing, China Power Energy etc...
- Current projects include Ipoh/Perak - 600 mil , D'Idaman (Phase 5) - 230 mil, Regal Tropics Sarawak - 250 mil, V Plaza Balakong - 23 mil, Regal Singapore - 200 mil, M101 Skywheel - 500 mil.
These finalisation projects totalling up to 1.803 bil and added to current bookorder of 1.4bil. Vivocom already meet the target of 3 bil lasting up to 2018.
2016-07-19 08:44 | Report Abuse
Five solid financial institutions ( CIMB, MIDF, SJ Securities, Mercury Securities and TA ) advocating a BUY CALL for Vivocom with Target Price at 72 sen.
- Declared Bonus issue 1:4 on 12 July to reward shareholders.
- Q1 result Profit after Tax RM20mil. Exceeded expectation.
- Q2 result Profit estimated abive RM21mil. Above expectation again. To be announced in Aug 2016
- Forecast profit FYE2016 is RM60mil.
- Total Order book currently stand at RM1.4bil.
- RM600mil project is in the final stage of completion. To be announced in Aug 2016.
- Total project pipeline RM3.0 bil.
- There is a plan to move Vivocom to Main Board in 2017.
- Share Capital 2.6bil. Vivocom has the largest market capitalization for the SME sector.
- Current Net Tangible Asset is 29 sen.
- Business Partners include CRCC, China MCC, Regal International Group, Zhonghe Haoxing, China Power Energy etc...
- Current projects include Ipoh/Perak - 600 mil , D'Idaman (Phase 5) - 230 mil, Regal Tropics Sarawak - 250 mil, V Plaza Balakong - 23 mil, Regal Singapore - 200 mil, M101 Skywheel - 500 mil.
These finalisation projects totalling up to 1.803 bil and added to current bookorder of 1.4bil. Vivocom already meet the target of 3 bil lasting up to 2018.
2016-07-19 08:43 | Report Abuse
Businesses must stay alert as China economy evolves, says HSBC
KUALA LUMPUR: Businesses must remain vigilant as China’s economic cycle evolves, especially those companies engaged in overseas trade after the world’s second largest economic released its economic data, according to HSBC Malaysia.
China's economy grew slightly faster than financial markets expected in the second three months of 2016, expanding by 6.7% from a year ago to stay flat to the pace set in Q1 when growth was at its slowest quarter since 2009.
HSBC Malaysia’s head of global trade and receivables finance, Debbie Mak, said the data showed the need for businesses to remain vigilant as the economic cycle evolves.
"China's growth prospects are crucial for companies engaged in overseas trade and today's data underscore the importance of prudently managing balance sheet and working capital risks in this current phase of the economic cycle," she said.
Fixed asset investment growth, a key gauge of the resilience of economic performance, slipped to 9% in the first half of 2016 versus 9.6% in the first five months of the year.
Private sector investment rose 2.8% in the first half of the year, down from 3.9% in the first five months.
China continues to remain as Malaysia’s largest trading partner for the 7th consecutive year since 2009. Over the years, both countries have pledged to build stronger all-round strategic partnership in areas including trade, finance, port development and logistics, banking and infrastructure.
Mak said Chinese companies are eyeing opportunities in Malaysia.
“Reflecting the opportunities, China's M&A into Malaysia has been the busiest on record, both in terms of volume and number of big deals. Real estate, consumer products and retail have been the most active sectors,” she added.
From January to July 2015, Chinese M&A into Malaysia rose nearly four times to US$830mil compared with the entire 2014, she said.
“It is also expected that trade between Malaysia and China will reach US$160bil by 2017,” May added.
2016-07-19 08:43 | Report Abuse
OTHERS RUMOURS OR SPECULATIONS REGARDING DATO SERI DR. YEOH SEONG MOK ON HIS PURPORTED INTENTION TO RESIGN OR RETIRE FROM THE COMPANY.
VIVOCOM INTL HOLDINGS BERHAD
Type Announcement
Subject OTHERS
Description RUMOURS OR SPECULATIONS REGARDING DATO SERI DR. YEOH SEONG MOK ON HIS PURPORTED INTENTION TO RESIGN OR RETIRE FROM THE COMPANY.
VIVOCOM INTL HOLDINGS BERHAD (formerly known as INSTACOM GROUP BERHAD) ("VIVOCOM" OR THE "COMPANY")
We refer to our announcement dated 27 June 2016 and the recent news articles pertaining to rumours or speculations regarding Dato’ Seri Dr. Yeoh Seong Mok on his purported intention to resign or retire from the Company.
The Board of Directors (“Board”) would like to deny such rumours and speculations and wishes to clarify and confirm that Dato’ Seri Dr. Yeoh Seong Mok shall remain as the CEO of the Company, and that he has no intention of leaving the Company as reported in the press.
The Board takes note of its obligations under the listing requirements on timely disclosure of material developments and will make the necessary announcements of such pertinent matters accordingly.
2016-07-18 20:06 | Report Abuse
China railway. Market expects CRG (390) and CRCC (1186) to record over 20% growth in 2Q16 new contract value (vs. 16-20% YoY in 1Q16), due to the urban transit and property development businesses. For CCCC (1800), market estimates a recovery in 2Q16 new orders, to grow 15% from 2% YoY in 1Q16, with healthy performance in the dredging and investment business.
2016-07-18 20:00 | Report Abuse
Vivocom will be up from tomorrow.
2016-07-18 19:58 | Report Abuse
PUMP AND DUMP THE CONMAN DISAGREE
2016-07-18 18:47 | Report Abuse
Disagree insists that Vivocom is a pump and dump. In fact Disagree need to be pump and dump. Actually he is a conman. I knew from the start. Nobody would just waste their time writing negatves about Vivo.
2016-07-18 18:02 | Report Abuse
OTHERS RUMOURS OR SPECULATIONS REGARDING DATO SERI DR. YEOH SEONG MOK ON HIS PURPORTED INTENTION TO RESIGN OR RETIRE FROM THE COMPANY.
VIVOCOM INTL HOLDINGS BERHAD
Type Announcement
Subject OTHERS
Description RUMOURS OR SPECULATIONS REGARDING DATO SERI DR. YEOH SEONG MOK ON HIS PURPORTED INTENTION TO RESIGN OR RETIRE FROM THE COMPANY.
VIVOCOM INTL HOLDINGS BERHAD (formerly known as INSTACOM GROUP BERHAD) ("VIVOCOM" OR THE "COMPANY")
We refer to our announcement dated 27 June 2016 and the recent news articles pertaining to rumours or speculations regarding Dato’ Seri Dr. Yeoh Seong Mok on his purported intention to resign or retire from the Company.
The Board of Directors (“Board”) would like to deny such rumours and speculations and wishes to clarify and confirm that Dato’ Seri Dr. Yeoh Seong Mok shall remain as the CEO of the Company, and that he has no intention of leaving the Company as reported in the press.
The Board takes note of its obligations under the listing requirements on timely disclosure of material developments and will make the necessary announcements of such pertinent matters accordingly.
2016-07-18 17:26 | Report Abuse
Investing1st, Dr Yeoh got more shares than all of us combined. Don't let Disagree get away with his rubbished talk. I already knew earlier that he will not resigned because of his interest. But I don't want to be dragged into an argument with a stray dog. Why teach him to be smart? Just let him bark. We believe in what we believe.
2016-07-18 17:23 | Report Abuse
My call is the same.. BUY BUY BUY
2016-07-18 17:21 | Report Abuse
OTHERS RUMOURS OR SPECULATIONS REGARDING DATO SERI DR. YEOH SEONG MOK ON HIS PURPORTED INTENTION TO RESIGN OR RETIRE FROM THE COMPANY.
VIVOCOM INTL HOLDINGS BERHAD
Type Announcement
Subject OTHERS
Description RUMOURS OR SPECULATIONS REGARDING DATO SERI DR. YEOH SEONG MOK ON HIS PURPORTED INTENTION TO RESIGN OR RETIRE FROM THE COMPANY.
VIVOCOM INTL HOLDINGS BERHAD (formerly known as INSTACOM GROUP BERHAD) ("VIVOCOM" OR THE "COMPANY")
We refer to our announcement dated 27 June 2016 and the recent news articles pertaining to rumours or speculations regarding Dato’ Seri Dr. Yeoh Seong Mok on his purported intention to resign or retire from the Company.
The Board of Directors (“Board”) would like to deny such rumours and speculations and wishes to clarify and confirm that Dato’ Seri Dr. Yeoh Seong Mok shall remain as the CEO of the Company, and that he has no intention of leaving the Company as reported in the press.
The Board takes note of its obligations under the listing requirements on timely disclosure of material developments and will make the necessary announcements of such pertinent matters accordingly.
This announcement is dated 18 July 2016.
2016-07-18 17:10 | Report Abuse
Sunday, 17 July 2016 | MYT 9:30 AM
Businesses must stay alert as China economy evolves, says HSBC
KUALA LUMPUR: Businesses must remain vigilant as China’s economic cycle evolves, especially those companies engaged in overseas trade after the world’s second largest economic released its economic data, according to HSBC Malaysia.
China's economy grew slightly faster than financial markets expected in the second three months of 2016, expanding by 6.7% from a year ago to stay flat to the pace set in Q1 when growth was at its slowest quarter since 2009.
HSBC Malaysia’s head of global trade and receivables finance, Debbie Mak, said the data showed the need for businesses to remain vigilant as the economic cycle evolves.
"China's growth prospects are crucial for companies engaged in overseas trade and today's data underscore the importance of prudently managing balance sheet and working capital risks in this current phase of the economic cycle," she said.
Fixed asset investment growth, a key gauge of the resilience of economic performance, slipped to 9% in the first half of 2016 versus 9.6% in the first five months of the year.
Private sector investment rose 2.8% in the first half of the year, down from 3.9% in the first five months.
China continues to remain as Malaysia’s largest trading partner for the 7th consecutive year since 2009. Over the years, both countries have pledged to build stronger all-round strategic partnership in areas including trade, finance, port development and logistics, banking and infrastructure.
Mak said Chinese companies are eyeing opportunities in Malaysia.
“Reflecting the opportunities, China's M&A into Malaysia has been the busiest on record, both in terms of volume and number of big deals. Real estate, consumer products and retail have been the most active sectors,” she added.
From January to July 2015, Chinese M&A into Malaysia rose nearly four times to US$830mil compared with the entire 2014, she said.
“It is also expected that trade between Malaysia and China will reach US$160bil by 2017,” May added.
2016-07-18 16:34 | Report Abuse
Sunday, 17 July 2016 | MYT 9:30 AM
Businesses must stay alert as China economy evolves, says HSBC
KUALA LUMPUR: Businesses must remain vigilant as China’s economic cycle evolves, especially those companies engaged in overseas trade after the world’s second largest economic released its economic data, according to HSBC Malaysia.
China's economy grew slightly faster than financial markets expected in the second three months of 2016, expanding by 6.7% from a year ago to stay flat to the pace set in Q1 when growth was at its slowest quarter since 2009.
HSBC Malaysia’s head of global trade and receivables finance, Debbie Mak, said the data showed the need for businesses to remain vigilant as the economic cycle evolves.
"China's growth prospects are crucial for companies engaged in overseas trade and today's data underscore the importance of prudently managing balance sheet and working capital risks in this current phase of the economic cycle," she said.
Fixed asset investment growth, a key gauge of the resilience of economic performance, slipped to 9% in the first half of 2016 versus 9.6% in the first five months of the year.
Private sector investment rose 2.8% in the first half of the year, down from 3.9% in the first five months.
China continues to remain as Malaysia’s largest trading partner for the 7th consecutive year since 2009. Over the years, both countries have pledged to build stronger all-round strategic partnership in areas including trade, finance, port development and logistics, banking and infrastructure.
Mak said Chinese companies are eyeing opportunities in Malaysia.
“Reflecting the opportunities, China's M&A into Malaysia has been the busiest on record, both in terms of volume and number of big deals. Real estate, consumer products and retail have been the most active sectors,” she added.
From January to July 2015, Chinese M&A into Malaysia rose nearly four times to US$830mil compared with the entire 2014, she said.
“It is also expected that trade between Malaysia and China will reach US$160bil by 2017,” May added.
2016-07-18 15:18 | Report Abuse
Businesses must stay alert as China economy evolves, says HSBC
KUALA LUMPUR: Businesses must remain vigilant as China’s economic cycle evolves, especially those companies engaged in overseas trade after the world’s second largest economic released its economic data, according to HSBC Malaysia.
China's economy grew slightly faster than financial markets expected in the second three months of 2016, expanding by 6.7% from a year ago to stay flat to the pace set in Q1 when growth was at its slowest quarter since 2009.
HSBC Malaysia’s head of global trade and receivables finance, Debbie Mak, said the data showed the need for businesses to remain vigilant as the economic cycle evolves.
"China's growth prospects are crucial for companies engaged in overseas trade and today's data underscore the importance of prudently managing balance sheet and working capital risks in this current phase of the economic cycle," she said.
Fixed asset investment growth, a key gauge of the resilience of economic performance, slipped to 9% in the first half of 2016 versus 9.6% in the first five months of the year.
Private sector investment rose 2.8% in the first half of the year, down from 3.9% in the first five months.
China continues to remain as Malaysia’s largest trading partner for the 7th consecutive year since 2009. Over the years, both countries have pledged to build stronger all-round strategic partnership in areas including trade, finance, port development and logistics, banking and infrastructure.
Mak said Chinese companies are eyeing opportunities in Malaysia.
“Reflecting the opportunities, China's M&A into Malaysia has been the busiest on record, both in terms of volume and number of big deals. Real estate, consumer products and retail have been the most active sectors,” she added.
From January to July 2015, Chinese M&A into Malaysia rose nearly four times to US$830mil compared with the entire 2014, she said.
“It is also expected that trade between Malaysia and China will reach US$160bil by 2017,” May added.
2016-07-18 15:08 | Report Abuse
Sunday, 17 July 2016 | MYT 9:30 AM
Businesses must stay alert as China economy evolves, says HSBC
KUALA LUMPUR: Businesses must remain vigilant as China’s economic cycle evolves, especially those companies engaged in overseas trade after the world’s second largest economic released its economic data, according to HSBC Malaysia.
China's economy grew slightly faster than financial markets expected in the second three months of 2016, expanding by 6.7% from a year ago to stay flat to the pace set in Q1 when growth was at its slowest quarter since 2009.
HSBC Malaysia’s head of global trade and receivables finance, Debbie Mak, said the data showed the need for businesses to remain vigilant as the economic cycle evolves.
"China's growth prospects are crucial for companies engaged in overseas trade and today's data underscore the importance of prudently managing balance sheet and working capital risks in this current phase of the economic cycle," she said.
Fixed asset investment growth, a key gauge of the resilience of economic performance, slipped to 9% in the first half of 2016 versus 9.6% in the first five months of the year.
Private sector investment rose 2.8% in the first half of the year, down from 3.9% in the first five months.
China continues to remain as Malaysia’s largest trading partner for the 7th consecutive year since 2009. Over the years, both countries have pledged to build stronger all-round strategic partnership in areas including trade, finance, port development and logistics, banking and infrastructure.
Mak said Chinese companies are eyeing opportunities in Malaysia.
“Reflecting the opportunities, China's M&A into Malaysia has been the busiest on record, both in terms of volume and number of big deals. Real estate, consumer products and retail have been the most active sectors,” she added.
From January to July 2015, Chinese M&A into Malaysia rose nearly four times to US$830mil compared with the entire 2014, she said.
“It is also expected that trade between Malaysia and China will reach US$160bil by 2017,” May added.
2016-07-18 14:45 | Report Abuse
Sunday, 17 July 2016 | MYT 9:30 AM
Businesses must stay alert as China economy evolves, says HSBC
KUALA LUMPUR: Businesses must remain vigilant as China’s economic cycle evolves, especially those companies engaged in overseas trade after the world’s second largest economic released its economic data, according to HSBC Malaysia.
China's economy grew slightly faster than financial markets expected in the second three months of 2016, expanding by 6.7% from a year ago to stay flat to the pace set in Q1 when growth was at its slowest quarter since 2009.
HSBC Malaysia’s head of global trade and receivables finance, Debbie Mak, said the data showed the need for businesses to remain vigilant as the economic cycle evolves.
"China's growth prospects are crucial for companies engaged in overseas trade and today's data underscore the importance of prudently managing balance sheet and working capital risks in this current phase of the economic cycle," she said.
Fixed asset investment growth, a key gauge of the resilience of economic performance, slipped to 9% in the first half of 2016 versus 9.6% in the first five months of the year.
Private sector investment rose 2.8% in the first half of the year, down from 3.9% in the first five months.
China continues to remain as Malaysia’s largest trading partner for the 7th consecutive year since 2009. Over the years, both countries have pledged to build stronger all-round strategic partnership in areas including trade, finance, port development and logistics, banking and infrastructure.
Mak said Chinese companies are eyeing opportunities in Malaysia.
“Reflecting the opportunities, China's M&A into Malaysia has been the busiest on record, both in terms of volume and number of big deals. Real estate, consumer products and retail have been the most active sectors,” she added.
From January to July 2015, Chinese M&A into Malaysia rose nearly four times to US$830mil compared with the entire 2014, she said.
“It is also expected that trade between Malaysia and China will reach US$160bil by 2017,” May added.
2016-07-18 12:36 | Report Abuse
Sunday, 17 July 2016 | MYT 9:30 AM
Businesses must stay alert as China economy evolves, says HSBC
KUALA LUMPUR: Businesses must remain vigilant as China’s economic cycle evolves, especially those companies engaged in overseas trade after the world’s second largest economic released its economic data, according to HSBC Malaysia.
China's economy grew slightly faster than financial markets expected in the second three months of 2016, expanding by 6.7% from a year ago to stay flat to the pace set in Q1 when growth was at its slowest quarter since 2009.
HSBC Malaysia’s head of global trade and receivables finance, Debbie Mak, said the data showed the need for businesses to remain vigilant as the economic cycle evolves.
"China's growth prospects are crucial for companies engaged in overseas trade and today's data underscore the importance of prudently managing balance sheet and working capital risks in this current phase of the economic cycle," she said.
Fixed asset investment growth, a key gauge of the resilience of economic performance, slipped to 9% in the first half of 2016 versus 9.6% in the first five months of the year.
Private sector investment rose 2.8% in the first half of the year, down from 3.9% in the first five months.
China continues to remain as Malaysia’s largest trading partner for the 7th consecutive year since 2009. Over the years, both countries have pledged to build stronger all-round strategic partnership in areas including trade, finance, port development and logistics, banking and infrastructure.
Mak said Chinese companies are eyeing opportunities in Malaysia.
“Reflecting the opportunities, China's M&A into Malaysia has been the busiest on record, both in terms of volume and number of big deals. Real estate, consumer products and retail have been the most active sectors,” she added.
From January to July 2015, Chinese M&A into Malaysia rose nearly four times to US$830mil compared with the entire 2014, she said.
“It is also expected that trade between Malaysia and China will reach US$160bil by 2017,” May added.
2016-07-18 12:34 | Report Abuse
Shafi Awong, jangan peduli Disagree. Dia cakap kosong saja.
2016-07-18 12:23 | Report Abuse
Sunday, 17 July 2016 | MYT 9:30 AM
Businesses must stay alert as China economy evolves, says HSBC
KUALA LUMPUR: Businesses must remain vigilant as China’s economic cycle evolves, especially those companies engaged in overseas trade after the world’s second largest economic released its economic data, according to HSBC Malaysia.
China's economy grew slightly faster than financial markets expected in the second three months of 2016, expanding by 6.7% from a year ago to stay flat to the pace set in Q1 when growth was at its slowest quarter since 2009.
HSBC Malaysia’s head of global trade and receivables finance, Debbie Mak, said the data showed the need for businesses to remain vigilant as the economic cycle evolves.
"China's growth prospects are crucial for companies engaged in overseas trade and today's data underscore the importance of prudently managing balance sheet and working capital risks in this current phase of the economic cycle," she said.
Fixed asset investment growth, a key gauge of the resilience of economic performance, slipped to 9% in the first half of 2016 versus 9.6% in the first five months of the year.
Private sector investment rose 2.8% in the first half of the year, down from 3.9% in the first five months.
China continues to remain as Malaysia’s largest trading partner for the 7th consecutive year since 2009. Over the years, both countries have pledged to build stronger all-round strategic partnership in areas including trade, finance, port development and logistics, banking and infrastructure.
Mak said Chinese companies are eyeing opportunities in Malaysia.
“Reflecting the opportunities, China's M&A into Malaysia has been the busiest on record, both in terms of volume and number of big deals. Real estate, consumer products and retail have been the most active sectors,” she added.
From January to July 2015, Chinese M&A into Malaysia rose nearly four times to US$830mil compared with the entire 2014, she said.
“It is also expected that trade between Malaysia and China will reach US$160bil by 2017,” May added.
2016-07-18 12:23 | Report Abuse
Terima Kasih Shafi Awong.
2016-07-18 12:00 | Report Abuse
Sunday, 17 July 2016 | MYT 9:30 AM
Businesses must stay alert as China economy evolves, says HSBC
KUALA LUMPUR: Businesses must remain vigilant as China’s economic cycle evolves, especially those companies engaged in overseas trade after the world’s second largest economic released its economic data, according to HSBC Malaysia.
China's economy grew slightly faster than financial markets expected in the second three months of 2016, expanding by 6.7% from a year ago to stay flat to the pace set in Q1 when growth was at its slowest quarter since 2009.
HSBC Malaysia’s head of global trade and receivables finance, Debbie Mak, said the data showed the need for businesses to remain vigilant as the economic cycle evolves.
"China's growth prospects are crucial for companies engaged in overseas trade and today's data underscore the importance of prudently managing balance sheet and working capital risks in this current phase of the economic cycle," she said.
Fixed asset investment growth, a key gauge of the resilience of economic performance, slipped to 9% in the first half of 2016 versus 9.6% in the first five months of the year.
Private sector investment rose 2.8% in the first half of the year, down from 3.9% in the first five months.
China continues to remain as Malaysia’s largest trading partner for the 7th consecutive year since 2009. Over the years, both countries have pledged to build stronger all-round strategic partnership in areas including trade, finance, port development and logistics, banking and infrastructure.
Mak said Chinese companies are eyeing opportunities in Malaysia.
“Reflecting the opportunities, China's M&A into Malaysia has been the busiest on record, both in terms of volume and number of big deals. Real estate, consumer products and retail have been the most active sectors,” she added.
From January to July 2015, Chinese M&A into Malaysia rose nearly four times to US$830mil compared with the entire 2014, she said.
“It is also expected that trade between Malaysia and China will reach US$160bil by 2017,” May added.
2016-07-18 11:19 | Report Abuse
Apparently a lot of investors here don't want to listen to Disagree's rubbish.
2016-07-18 11:18 | Report Abuse
Underlying, thank you for this invaluable information.
2016-07-18 11:16 | Report Abuse
Vivo is a rising star. Just be patient, relax and be entertained by Disagree.....
2016-07-18 11:13 | Report Abuse
Shafi Awong, thank you for this invaluable information.
2016-07-18 10:29 | Report Abuse
VIVOCOM SUMMARY - Latest Update
Five solid financial institutions ( CIMB, MIDF, SJ Securities, Mercury Securities and TA ) advocating a BUY CALL for Vivocom with Target Price at 72 sen.
- Declared Bonus issue 1:4 on 12 July to reward shareholders.
- Q1 result Profit after Tax RM20mil. Exceeded expectation.
- Q2 result Profit estimated abive RM21mil. Above expectation again. To be announced in Aug 2016
- Forecast profit FYE2016 is RM60mil.
- Total Order book currently stand at RM1.4bil.
- RM600mil project is in the final stage of completion. To be announced in Aug 2016.
- Total project pipeline RM3.0 bil.
- There is a plan to move Vivocom to Main Board in 2017.
- Share Capital 2.6bil. Vivocom has the largest market capitalization for the SME sector.
- Current Net Tangible Asset is 29 sen.
- Business Partners include CRCC, China MCC, Regal International Group, Zhonghe Haoxing, China Power Energy etc...
- Current projects include Ipoh/Perak - 600 mil , D'Idaman (Phase 5) - 230 mil, Regal Tropics Sarawak - 250 mil, V Plaza Balakong - 23 mil, Regal Singapore - 200 mil, M101 Skywheel - 500 mil.
These finalisation projects totalling up to 1.803 bil and added to current bookorder of 1.4bil. Vivocom already meet the target of 3 bil lasting up to 2018.
2016-07-18 10:28 | Report Abuse
Sunday, 17 July 2016 | MYT 9:30 AM
Businesses must stay alert as China economy evolves, says HSBC
KUALA LUMPUR: Businesses must remain vigilant as China’s economic cycle evolves, especially those companies engaged in overseas trade after the world’s second largest economic released its economic data, according to HSBC Malaysia.
China's economy grew slightly faster than financial markets expected in the second three months of 2016, expanding by 6.7% from a year ago to stay flat to the pace set in Q1 when growth was at its slowest quarter since 2009.
HSBC Malaysia’s head of global trade and receivables finance, Debbie Mak, said the data showed the need for businesses to remain vigilant as the economic cycle evolves.
"China's growth prospects are crucial for companies engaged in overseas trade and today's data underscore the importance of prudently managing balance sheet and working capital risks in this current phase of the economic cycle," she said.
Fixed asset investment growth, a key gauge of the resilience of economic performance, slipped to 9% in the first half of 2016 versus 9.6% in the first five months of the year.
Private sector investment rose 2.8% in the first half of the year, down from 3.9% in the first five months.
China continues to remain as Malaysia’s largest trading partner for the 7th consecutive year since 2009. Over the years, both countries have pledged to build stronger all-round strategic partnership in areas including trade, finance, port development and logistics, banking and infrastructure.
Mak said Chinese companies are eyeing opportunities in Malaysia.
“Reflecting the opportunities, China's M&A into Malaysia has been the busiest on record, both in terms of volume and number of big deals. Real estate, consumer products and retail have been the most active sectors,” she added.
From January to July 2015, Chinese M&A into Malaysia rose nearly four times to US$830mil compared with the entire 2014, she said.
“It is also expected that trade between Malaysia and China will reach US$160bil by 2017,” May added.
2016-07-18 09:10 | Report Abuse
VIVOCOM SUMMARY - Latest Update
Five solid financial institutions ( CIMB, MIDF, SJ Securities, Mercury Securities and TA ) advocating a BUY CALL for Vivocom with Target Price at 72 sen.
- Declared Bonus issue 1:4 on 12 July to reward shareholders.
- Q1 result Profit after Tax RM20mil. Exceeded expectation.
- Q2 result Profit estimated abive RM21mil. Above expectation again. To be announced in Aug 2016
- Forecast profit FYE2016 is RM60mil.
- Total Order book currently stand at RM1.4bil.
- RM600mil project is in the final stage of completion. To be announced in Aug 2016.
- Total project pipeline RM3.0 bil.
- There is a plan to move Vivocom to Main Board in 2017.
- Share Capital 2.6bil. Vivocom has the largest market capitalization for the SME sector.
- Current Net Tangible Asset is 29 sen.
- Business Partners include CRCC, China MCC, Regal International Group, Zhonghe Haoxing, China Power Energy etc...
- Current projects include Ipoh/Perak - 600 mil , D'Idaman (Phase 5) - 230 mil, Regal Tropics Sarawak - 250 mil, V Plaza Balakong - 23 mil, Regal Singapore - 200 mil, M101 Skywheel - 500 mil.
These finalisation projects totalling up to 1.803 bil and added to current bookorder of 1.4bil. Vivocom already meet the target of 3 bil lasting up to 2018.
Stock: [VINVEST]: VINVEST CAPITAL HOLDINGS BERHAD
2016-07-19 09:32 | Report Abuse
Businesses must stay alert as China economy evolves, says HSBC
KUALA LUMPUR: Businesses must remain vigilant as China’s economic cycle evolves, especially those companies engaged in overseas trade after the world’s second largest economic released its economic data, according to HSBC Malaysia.
China's economy grew slightly faster than financial markets expected in the second three months of 2016, expanding by 6.7% from a year ago to stay flat to the pace set in Q1 when growth was at its slowest quarter since 2009.
HSBC Malaysia’s head of global trade and receivables finance, Debbie Mak, said the data showed the need for businesses to remain vigilant as the economic cycle evolves.
"China's growth prospects are crucial for companies engaged in overseas trade and today's data underscore the importance of prudently managing balance sheet and working capital risks in this current phase of the economic cycle," she said.
Fixed asset investment growth, a key gauge of the resilience of economic performance, slipped to 9% in the first half of 2016 versus 9.6% in the first five months of the year.
Private sector investment rose 2.8% in the first half of the year, down from 3.9% in the first five months.
China continues to remain as Malaysia’s largest trading partner for the 7th consecutive year since 2009. Over the years, both countries have pledged to build stronger all-round strategic partnership in areas including trade, finance, port development and logistics, banking and infrastructure.
Mak said Chinese companies are eyeing opportunities in Malaysia.
“Reflecting the opportunities, China's M&A into Malaysia has been the busiest on record, both in terms of volume and number of big deals. Real estate, consumer products and retail have been the most active sectors,” she added.
From January to July 2015, Chinese M&A into Malaysia rose nearly four times to US$830mil compared with the entire 2014, she said.
“It is also expected that trade between Malaysia and China will reach US$160bil by 2017,” May added.