Mulpha Land top officials, Fakhri Yassin launch take over of company

Mulpha Land Bhd’s group managing director Ghazie Yeoh Abdullah, entrepreneur Datuk Fakhri Yassin Mahiaddin and several other parties, who will own a 50.38% stake, have served a notice of unconditional mandatory take-over offer for the remaining shares at 49.7 sen each.

Mulpha Land said the other parties acting in concert are its director Datuk Low Keng Siong, Lim Chee Khang and Pasukan Sehati Sdn Bhd, which is a substantial shareholder of Mulpha Land. Lim is a substantial shareholder of Pasukan Sehati.

The take-over offer was triggered after Teladan Kuasa Sdn Bhd – in which Fakhri Yassin, 39, is the ultimate controlling shareholder -- exercised its call option to acquire up to 75 million shares in Mulpha Land.

http://www.thestar.com.my/Business/Business-News/2015/03/06/Mulpha-Land-top-officials-Fakhri-Yassin-launch-take-over/?style=biz

SapuraKencana may face substantial risks on liquefied natural gas

Despite our 2015 US$72 (RM263) per barrel (bbl) assumption (2016: US$80 per bbl), we see SapuraKencana facing substantial risks on liquefied natural gas (LNG). The over three trillion cu ft gas reserves for SK408 and SK310 are sizable in total oil and gas future production profile estimates.

While we cannot predict exactly when it will sign a GSA with Petroliam Nasional Bhd, we note that expectations for Asia demand for LNG are now bearish.

http://www.theedgemarkets.com/my/article/sapurakencana-may-face-substantial-risks-liquefied-natural-gas

Euro zone business growth at 7-month high in Feb -PMI

The outlook has brightened for all countries. The weaker euro should help boost exports and, perhaps most importantly, the commencement of quantitative easing by the ECB should stimulate the economy as we move through the year," said Chris Williamson, chief economist at Markit.

http://www.theedgemarkets.com/my/article/euro-zone-business-growth-7-month-high-feb-pmi

Lime drilling 4 wells in 2015 & early production of Oman well in 3Q/4Q 2015.

Drilling of the Gemini prospect by operator Lundin Petroleum Norway AS in PL338C, in which Lime
Norway is acquiring a 30 per cent stake, started on 15 February 2015. The drilling operation is
expected to take approximately 40 days. Drilling results are expected in end March 2015. The other
firm well drillings that Lime Norway will participate in are in PL591 and PL616, both with expected
spud in June 2015, and in PL708 with expected spud in November 2015. PL591, PL616 and PL708 are operated by Tullow Oil Norge AS, Edison International Norway Branch and Lundin Petroleum Norway AS respectively.
http://rex.listedcompany.com/newsroom/20150302_071434_5WH_M4F211881ORAS7OI.1.pdf

Furniture export earnings poised to strengthen further, says Unggah

Malaysia's export earnings from furniture products are poised to strengthen further with the country continuing to be among the top 10 exporters globally, said Plantation Industries and Commodities Minister Datuk Amar Douglas Uggah Embas.

http://www.thestar.com.my/Business/Business-News/2015/03/03/Furniture-export-earnings-poised-to-strengthen-further-says-Unggah/?style=biz

Stock To Watch
PUC @ 0.16
Significant increased in Turnover & Profit in Year 2014
http://www.malaysiastock.biz/Corporate-Infomation.aspx?type=A&value=P&source=M&securityCode=0007

Global semiconductor industry posts highest-ever January sales

Global semiconductor sales rose 8.7% year-on-year (y-o-y) in January 2015 to US28.5 billion from US$26.3 billion a year earlier, according to the US-based Semiconductor Industry Association (SIA).
http://www.theedgemarkets.com/my/article/global-semiconductor-industry-posts-highest-ever-january-sales

@angie80.....many appeared in my Stock To Watch....mostly performed quite well....u can browse through my earlier posting.

Foreign buyers back but early days still, says MIDF Research

Institutional investors flocked back to the market after the Chinese new year break, but retailers remained on the sideline during the week ended Feb 27, according to MIDF Research.

In his weekly fund flow report Monday, MIDF Research head Zulkifli Hamzah said that while foreign investors might be making a comeback on Bursa, it was still early days to draw any meaningful conclusion.

He explained that after two weeks of selling, investors classified as “foreign” bought, on a net basis, local equity in the open market amounting to RM175 million net.

http://www.theedgemarkets.com/my/article/foreign-buyers-back-early-days-still-says-midf-research

China's central bank announces long-awaited rate cut to boost economy

Effective today, one-year lending and deposit rates would be lowered 25 basis points to 5.35 per cent and 2.5 per cent respectively, the central bank said yesterday. It also lifted the ceiling on the deposit rate to 1.3 times the benchmark, up from 1.2 times.China's central bank announces long-awaited rate cut to boost economy

http://m.scmp.com/news/china/article/1725806/china-cut-benchmark-interest-rates-25-basis-points-pboc-announces?utm_source=edm&utm_medium=edm&utm_content=20150301&utm_campaign=scmp_today

TQ bro hit.......checked iDimensi q report, revenue & profit mostly from online gaming. Wah ur comment, next IFCA. However, this tpye of business are very competitive & challenging...provided u can come up with popular games....my 2 cts.

connie.....may I have your email......sending u some stock recomendation. Or i can post my email here for u to contact me.

Bro hit.......not an expert on tp.......or else I will be working with IB :p , but if u apply a PE of 15, means another 50% appreciation, my 2 cts

TQ fortunebullz for your valuable feedback.

Bro hit....have you bought Frontkn as recommended?

KLCI expected to trend cautiously higher

Affin IB vice president and head of retail research Datuk Dr Nazri Khan said that going forward, he expects Bursa to build on its past three month momentum (where the FBM KLCI gains a total of 145 points or 8.6% since Dec 17, 2014) to trend higher towards 1850 resistance level, driven by accommodative Federal Reserve policy, positive external sentiment, positive global economic data and rising oil price.

“We note a round of bullishness sweep across the global equity markets in response to last week testimony from Federal Reserve Chair Janet Yellen and a series of positive global macro data (China Manufacturing, USA Home Sales, USA Inflation, Europe Unemployment).

“We expect many Asian bourses including Bursa to gear up the upside momentum, with MSCIAll-World and FTSE All -World equity index (2.3% & 2.5% w-o-w) rose to its best close since May 2008,” he said.

Nazri said a pick-up in China’s manufacturing sector also supports the broadly optimistic mood in the Asian markets.

http://www.theedgemarkets.com/my/article/klci-expected-trend-cautiously-higher

Icon, agreed with you that HIL is undervalue at this juncture & well managed. But co that involved in properties always have their up & downs. They are not consistent. Look at L&G, Seal, GOB and many others, i can easily say that 9 out of 10 property co have recently reported lower turnover & profits.

Stocks To Watch
Outstanding Quarter Results

1) Frontkn @ 0.18
Turnover qoq increased 93% from 54.4m to 105.1m & profit 292% from loss of 2.447m to profit of 7.155m

2) Privasia @ 0.155
Turnover qoq increased 88% from 15.1m to 28.4m & profit 183% from 1.788m to 5.070m

Note : This is not a buy or sell call

Connie....thank you....may take up ur offer if u all dun mine me posting nonsense there....hehe

U.S GDP Grew 2.2% in 4Q Beating Estimates of 2.0%

Oil rises above $62 after Saudi comments on demand http://www.theedgemarkets.com/my/article/oil-rises-above-62-after-saudi-comments-demand

Hehe CT, today happy bday to all of us. I am also in Bornoil @ 0.965 :)

Managepay Systems gets nod to issue electronic money
http://www.thesundaily.my/news/1338191

Stock To Watch
TeoSeng @ 1.59
Excellent Q4 result. Turnover increased by 21.7% qoq from RM89.155m to RM108.46m & net profit increased by 213.7% qoq from RM5.729m to RM17.97m.

Note : This is not a buy or sell call.

BRUSSELS: Greece sent a list of economic reform plans to European institutions and the International Monetary Fund around midnight that was "a valid starting point" for talks over its bailout, a source close to the European Commission said on Tuesday.
http://www.thestar.com.my/Business/Business-News/2015/02/24/Greece-sends-comprehensive-reform-plan-to-lenders/?style=biz

Hibiscus’ jointly controlled entity acquires 30pc stake in new prospective resources.
Hibiscus Petroleum’s portfolio of licences in Norway would increase to 15, it said, adding that the exploration drilling commenced on February 15, 2015.
http://www.nst.com.my/node/73859

Stock To Watch
Frontken Corp Bhd @ 0.175
Semiconductor business to pump up profits
Double bottom formation, watch out for resistance breakout with volume @ 0.18

Dow sets first record close for 2015, S&P at high on Greece deal

U.S. stocks rallied on Friday to close at highs on an eleventh-hour resolution between Greece and its creditors in the euro zone.

The Dow Jones industrial average closed up more than 150 points, its first record close for 2015.

The S&P 500 ended the week at its third record close for the year. The Nasdaq also closed higher, within 50 points of the key 5,000 level.

http://www.cnbc.com/id/102441973

Deal reached between Greece, creditors

Greece and its euro zone creditors reached a deal to extend Greece's bailout for four months, Eurogroup head Jeroen Dijsselbloem said on Friday.

The euro traded near session highs of about $1.14 against the U.S. dollar and stocks rallied after the announcement. The Dow Jones Industrial Average and S&P 500 closed at fresh records on Friday.

Read MoreDow sets first record close for 2015, S&P at high on Greece deal

European finance ministers came to the agreement Friday as failure to reach a deal threatened Greece's solvency. The extension will give Greece time to negotiate a follow-up arrangement with creditors as it attempts to undertake fiscal reforms.

"The Greek authorities have expressed their strong commitment to a broader and deeper structural reform process aimed at durably improving growth and employment prospects, ensuring stability and resilience of the financial sector and enhancing social fairness," the Eurogroup said in a statement.
http://www.cnbc.com/id/102441980

Tq bro tj.....u & all kaki judi fans, gong xi fa cai & huat huat all the way.....888888$$$$$$$££££££

Bro Tj & all kaki judi fans.....wishing everyone here a properous CNY & happy holidays.....do come back after cny....huat huat all the way in 2015 & beyond.....cheers!!!!

Stocks With Momentum: Eduspec Holdings

On Monday, the ICT education services provider proposed a 10% stake private placement to raise between RM23.75 million to RM35.35 million for expansion and working capital purposes.

Last July, Eduspec entered into an agreement with iCarnegie to be an exclusive distributor of the latter’s products in Malaysia, Singapore, Indonesia, Vietnam, Thailand, Myanmar and Philippines for a minimum aggregate fee of US$21 million over five years.


http://www.theedgemarkets.com/my/article/stocks-momentum-eduspec-holdings-0

Stocks With Momentum: Eduspec Holdings

On Monday, the ICT education services provider proposed a 10% stake private placement to raise between RM23.75 million to RM35.35 million for expansion and working capital purposes.

Last July, Eduspec entered into an agreement with iCarnegie to be an exclusive distributor of the latter’s products in Malaysia, Singapore, Indonesia, Vietnam, Thailand, Myanmar and Philippines for a minimum aggregate fee of US$21 million over five years.


http://www.theedgemarkets.com/my/article/stocks-momentum-eduspec-holdings-0

Soros shifts money to Europe, Asia as investors cut U.S. stocks

Soros Fund Management, the family office of billionaire hedge fund manager George Soros, cut its holdings in U.S. stocks in the fourth quarter and shifted assets globally.

Soros, which manages almost $30 billion, moved about $2 billion into companies in Asia and Europe, according to a person familiar with the strategy. The New York-based firm returned about 8 percent in 2014 and is up 1.5 percent this year, said the person, who asked not to be identified because the firm is private.

http://www.theedgemarkets.com/my/article/soros-shifts-money-europe-asia-investors-cut-us-stocks

Wishing Matrixcool, Profitman, Yoda & all TCBs a wonderful CNY & happy holidays. TCBs has done a great job in 2014.....THANK YOU & SYABAS!!!!! Hope 2015 a year of abundance & huat huat all the way!!!!

Wishing all i3 members a wonderful CNY & happy holidays.....may 2015 be a profitable year for all.......huat ah!!!

Good morning connie, seph, hawk.....wishing everyone here a wonderful cny & happy holidays. Hopefully the bull will come back charging after a deserved break.....& it will be a huat huat 2015 for all....cheers!!!!

PROPOSED PRIVATE PLACEMENT OF UP TO 117,244,200 NEW ORDINARY SHARES OF RM0.10 EACH IN EDUSPEC (“PLACEMENT SHARE(S)”) TO INDEPENDENT THIRD PARTY INVESTORS TO BE IDENTIFIED (“PROPOSED PRIVATE PLACEMENT”)
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1878909

good....ninja pun sudah balik.....let's rock & roll.....hehehe

CIMB Research has maintained its Add rating on Signature International Bhd ( Financial Dashboard) at RM1.80 with a higher target price of RM4.23 (from RM3.12) and said Signature’s 1HFY06/15 core net profit came in above house expectations at 132% annualised, mainly due to stronger-than-expected topline growth and greater economies of scalehttp://www.theedgemarkets.com/my/article/cimb-maintains-add-signature-raises-target-price

Signature @ 1.80
CIMB Research has maintained its Add rating on Signature International Bhd ( Financial Dashboard) at RM1.80 with a higher target price of RM4.23 (from RM3.12) and said Signature’s 1HFY06/15 core net profit came in above house expectations at 132% annualised, mainly due to stronger-than-expected topline growth and greater economies of scalehttp://www.theedgemarkets.com/my/article/cimb-maintains-add-signature-raises-target-price

connie.....tq again on jcy......guess this time 0.735 will be easily taken down coz q result announced last friday increased by 68%....everyone huat ah!!!

tq connie for evergreen reading.....i belief q result announcing this month will be good.... thus upgrade in tp by rhb......tp now is 1.11......looks like bursa bulls going to charge next wk n immediately after cny.......:)

since connie is here.....what's the chart reading for Evergreen & JCY? ......time to fly next week???

immitation game?....A** movie....yeeees will go for it......tq connie ;)

bro hit..... u acting I will give face lah eventhough b grade :p

Bursa will be off for 2 1/2 days from wed next week for CNY holidays. Wed will be a 1/2 day trading.

BURSA : Positive Sentiment To Lift Bursa Higher Next Week By Zairina Zainudin

KUALA LUMPUR -- Market sentiment on Bursa Malaysia is expected to remain positive next week, giving a further lift to the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI).

Affin Hwang Investment Bank Head of Retail Research Datuk Dr Nazri Khan said last Friday’s positive sentiment, boosted by external news like the ceasefire in Ukraine, rising oil prices, easing of tension over the debt repayment of Greece and further central bank policy accommodation in China and Sweden, would spur risk appetite next week.

“In Asia, we saw a strong overnight showing, driven by liquidity injection from China’s central bank and overall regional currency strength,” he added.

He told Bernama the recent back-to-back strong positive economic data released by Bank Negara Malaysia of 5.8 per cent fourth quarter 2014 and full year growth of 6.0 per cent, suggested that the country’s economic fundamentals remained intact, and would influence sentiment.

This is alongside Standard and Poor’s Rating Services having reaffirmed Malaysia’s currency ratings with a stable outlook, Bank Negara’s strong international reserves of RM386.5 billion as at Jan 30, 2015 and a 7.4 per cent growth in the Industrial Production Index (IPI).

- Bernama

hi CT.......welcome home ;)

GHL SYSTEMS BHD

WITH the push towards 800,000 card terminals by 2020, the immediate beneficiaries from Bank Negara’s reforms are the companies that directly supply solutions and terminals for the payment sector.

E-payment services provider GHL Systems Bhd’s transaction payment acquisition (TPA) business is expected to benefit from Bank Negara’s efforts to boost cashless transactions in the country.
It is one of the leading payment solutions providers in South-East Asia with a market cap of RM522mil.

Out of Malaysia, it targets to grow its presence in other markets such as the Philippines.
It has the lion’s share in the Philippines, supplying about half of the 120,000 terminals in the archipelago.

http://www.thestar.com.my/Business/Business-News/2015/02/14/Beneficiaries-and-losers/?style=biz

Stock To Watch
Unisem @ 2.10 Laggard as compared to MPI, Inari & Globetronics

Unisem (M) - Above Expectations
TP upgraded from 2.15 to 2.46 by RHB
http://klse.i3investor.com/blogs/kenangaresearch/70422.jsp

Unisem - Sealed and delivered
TP upgraded to 2.50 by CIMB
http://klse.i3investor.com/blogs/cimbresearchklse/70430.jsp

Unisem was also recommended by Apex Investment Services Bhd, Affin Hwang Asset Management Bhd & AllianceDBS Research Sdn Bhd, as reported by The Edge Weekly dd Feb 16, 2015

connie, my opinion is both pjd & oskprop are both grossly undervalue, but the problem is the con owner offered to buy so cheap.

connie.....u are always welcome.....please feel free to add or comments.....cheers!!!