Let’s hope this is good

https://www.theedgemarkets.com/article/nova-msc-inks-mou-amo-rhazes-selena-mainstream-adoption

NZ supply issues was brought up much earlier than the audit that was recently done. The audit done would resolve this issue, I believe

http://malaysiafinance.blogspot.com/2020/09/theres-company-research-downgrade-and.html?m=1

“Unlike a company warrant, a structured warrant is issued by an IB in return for a premium. So the first investor buys the structured warrant directly from Macquarie, and then the warrant is subsequently traded freely on Bursa just like any other share. At the expiry date, if the mother share price is above the warrant exercise price, Macquarie will settle the difference in cash. If the mother share price is equal to or below the warrant exercise price, the warrant will expire worthless.

Now in this case, Macquarie issued this warrant C67 on 3 February 2020 (before the covid19 bull run) with an expiry of 16 Oct 2020 (next month).

With an exercise price of 1.67 and an exercise ratio of 1.333, Macquarie will have to compensate in cash to all warrant holders if the mother share price close above RM1.67. For example, if the mother share price close at RM5, Macquarie will have to compensate RM2.50 per warrant [(5-1.67) / 1.33]. If the mother share price close at RM8, the compensation is RM4.76 per warrant [(8-1.67) / 1.33]. As you can see, even though the difference in the mother share price is just 60% (8/5), they will need to compensate 90% (4.76/2.50) more. This is the leverage effect of a structured warrant.

Now the next thing that people need to know - just 2 weeks ago, Macquarie issued a report with a TP of RM30. Today they issued a new report with higher profit forecast for 2020, 2021 and 2022 on the basis that ASP is increasing faster than expected.

At the same time, he halved the TP on the basis that "ASP cannot sustain forever". What changed the analyst's forecast within this short 2 weeks? Did he suddenly talk to industry leaders worldwide to realise that ASP will not last forever? He did not know how to do his job previously and suddenly now he knows? Did he suddenly have a crystal ball?

Or did some head of department from the derivative division realised they shouldnt have issued C67 because they didn't expect the bull run sparked by Covid-19, spoke to the IB CEO, who then spoke to the head of department of the research division, who then had a "word" with the independent research analyst?

I'm not accusing anyone of anything, I'm just stating the facts and "possible scenarios". You make the judgement. This is something we need to ponder upon before taking in the headline RM5.40 downgrade report.” Picked this from a forum. If true then need to report to SC!

Hopefully can achieve!

"A back of envelope calculation, on a
simple average, Top Glove would need to
achieve RM866 million in net profit in
the quarter ending Aug 31 - a 149% jump
from the preceding quarter to meet market expectations."

CEO Morning Brief - August 6, 2020

PublicInvest values Optimax at 51 sen | The Edge Markets
https://www.theedgemarkets.com/article/publicinvest-values-optimax-51-sen

Please refer to the independent industry assessment report page 183 of the prospectus; Optimax has garnered gross profit of RM62.6 (YE2019) whilst Topvision RM18.6 (YE2018). No latest figures though

RM2.45 limit-up!

https://www.thestar.com.my/business/business-news/2020/07/23/careplus-to-buy-hotel-and-shoplot-for-rm38mil
Caring Carepls!!!

Bursa_final_winner: https://www.theedgemarkets.com/article/hextar-rubber-acquires-more-sta...

Don't worry, offer was unconditional:

"The offer is not conditional upon any minimum level of acceptances as they already hold more than 50% of the voting shares in Rubberex.

The offerors, however, intend to maintain the listing status of Rubberex on the Main Market of Bursa Malaysia."

Up 373%

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3063476

https://www.theedgemarkets.com/article/hextar-rubber-acquires-more-stake-rubberex-triggers-mandatory-takeover

"The offer is not conditional upon any minimum level of acceptances as they already hold more than 50% of the voting shares in Rubberex.

The offerors, however, intend to maintain the listing status of Rubberex on the Main Market of Bursa Malaysia."

Peter Wayne Thompson occupies the position of Executive Chairman & Managing Director at GBM Resources Ltd. Mr. Thompson is also on the board of Nova MSC Bhd. and Swift Resources Ltd. and Member of Institute of Chartered Secretaries & Administrators (AU).

Agree with Peter2357. This is a counter for a longer term

https://www.theedgemarkets.com/article/perdana-petroleum-wins-rm177-mil-charter-contract-dayang-enterprise

Write a comment.https://www.thestar.com.my/business/business-news/2019/03/13/dayang-enterprise-in-mou-for-melaka-job/

You should have received a package from MIH asking you to take up your right shares and then submit to them with bank draft before 5:00pm today

Any feedback from those attending AGM?

Vizione AGM today

IT company rugi masa software development: normal. Pokoknya sama ada rugi berkekurangan

Gap up tomorrow?

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5668021

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5615321

Need to move on

This was realised a long time ago. Old story

mrkitzai:15 Sep 2017, 17:00

Don't understand why CEO/MD of company don't come out quickly and answer these financing queries? Need to respond quickly to stop the stock price freefall. Surely he should already have a concrete financial plan before the announcement of SKIN. Shareholders will lose confidence when a company has no concrete answers. Just like Marine & General, although sitting on a pile of cash, don't know know what to do with the money! No plans

http://www.theedgemarkets.com/article/lossmaking-silk-holdings-expects-better-fy17

Long term share; got to be steadfast!

Iphone 7 air pods using bluetooth technology will be the new thing for headphones. Bright future for Salutica?

Don't think the director is a substantial shareholder

BIMB Securities:
"We have conducted the screening analysis on the initial public offering (IPO) of Dancomech Holdings Berhad (DHB) in accordance with the screening processes approved by the Shariah Advisory Committee of BIMB Securities Sdn Bhd and Shariah screening methodology adopted by Securities Commission (SC) to determine its Shariah-compliant status.
Our Designated Shariah Officer, Ir. Dr. Muhamad Fuad Abdullah has confirmed that the interim Shariah status for securities of DHB are Shariah Compliant.
Kindly be advised that the final and conclusive Shariah status of DHB shall be confirmed by the List of Shariah-Compliant Securities (Approved List) issued by Shariah Advisory Council of SC (SACSC) which is updated twice a year based on the Companies’ latest annual audited financial statements.
Thank you."

losing momentum?

Bluetooth and near field communication (NFC) share several features, both being forms of wireless communication between devices over short distances. NFC is limited to a distance of approximately four centimetres while Bluetooth can reach over thirty feet. While it may seem that Bluetooth is superior in this regard, both Bluetooth and NFC technology have their advantages and disadvantages compared to one another and can work together to meet users’ needs.