Nazri said while conservative investors might buy Affin IB’s weekly roadshow 15 featured stocks, namely, Maybank, Hong Leong Bank, Bursa, Westports, Sunway, CMSB, SunReit, IGBReit, Hong Leong Ind, Matrix, Gabungan Aqr, Scientex, DNEX, BJAuto and Pasukhas Berhad, aggressive bulls might consider buying FBM KLCI index futures on a breakout above 1850, positioning for a larger jump to an all-time-high of 1900.
19/09/2014 19:42
X
He said, on the Asian front, the report that the People’s Bank of China would provide the country’s five biggest commercial banks with Rmb500 billion of liquidity to stimulate flagging growth, would help bolster Asian stocks.
19/09/2014 19:44

Nazri said while conservative investors might buy Affin IB’s weekly roadshow 15 featured stocks, namely, Maybank, Hong Leong Bank, Bursa, Westports, Sunway, CMSB, SunReit, IGBReit, Hong Leong Ind, Matrix, Gabungan Aqr, Scientex, DNEX, BJAuto and Pasukhas Berhad, aggressive bulls might consider buying FBM KLCI index futures on a breakout above 1850, positioning for a larger jump to an all-time-high of 1900.
19/09/2014 19:42
X
He said, on the Asian front, the report that the People’s Bank of China would provide the country’s five biggest commercial banks with Rmb500 billion of liquidity to stimulate flagging growth, would help bolster Asian stocks.
19/09/2014 19:44

He said, on the Asian front, the report that the People’s Bank of China would provide the country’s five biggest commercial banks with Rmb500 billion of liquidity to stimulate flagging growth, would help bolster Asian stocks.

Nazri said while conservative investors might buy Affin IB’s weekly roadshow 15 featured stocks, namely, Maybank, Hong Leong Bank, Bursa, Westports, Sunway, CMSB, SunReit, IGBReit, Hong Leong Ind, Matrix, Gabungan Aqr, Scientex, DNEX, BJAuto and Pasukhas Berhad, aggressive bulls might consider buying FBM KLCI index futures on a breakout above 1850, positioning for a larger jump to an all-time-high of 1900.

Selling pressure over penny stocks on uptrend.

KUALA LUMPUR (Sept 19): The FBM KLCI is expected to end its consolidation phase and trend higher in line with most global markets next week, on the back of a more dovish US Federal Reserve stance, the Scottish referendum results and the People Bank of China’s fresh liquidity injection.

Dr Nazri Khan, Affin IB vice president and chief chartist, said despite US Federal Reserve monetary stance dominating market thinking for most of the session, global stocks had a relatively good time, pricing in the stronger-than-expected USA economy.

KUALA LUMPUR (Sept 19): The FBM KLCI is expected to end its consolidation phase and trend higher in line with most global markets next week, on the back of a more dovish US Federal Reserve stance, the Scottish referendum results and the People Bank of China’s fresh liquidity injection.

Dr Nazri Khan, Affin IB vice president and chief chartist, said despite US Federal Reserve monetary stance dominating market thinking for most of the session, global stocks had a relatively good time, pricing in the stronger-than-expected USA economy.

KUALA LUMPUR (Sept 19): The FBM KLCI is expected to end its consolidation phase and trend higher in line with most global markets next week, on the back of a more dovish US Federal Reserve stance, the Scottish referendum results and the People Bank of China’s fresh liquidity injection.

Dr Nazri Khan, Affin IB vice president and chief chartist, said despite US Federal Reserve monetary stance dominating market thinking for most of the session, global stocks had a relatively good time, pricing in the stronger-than-expected USA economy.

0.18 cts is good for a penny stock.

Yes! RyanBoleh u r right tks for d correction.

Name CHAN WAN CHOON
Address No. 20, Jalan Bayu 6,
Bukit Gita Bayu Serdang,
43300 Seri Kembangan,
Selangor Darul Ehsan
Descriptions(Class & nominal value) Ordinary shares of RM0.10 each
Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
18/09/2014
3,000,000
0.280

Circumstances by reason of which change has occurred Acquired of shares via open market transaction

Basic earnings per share for d last Q is 18 cts... Company is back in d black considered good.

Talam returns to black with 2Q net profit RM7.6m
Friday, 19 September 2014 18:09
KUALA LUMPUR (Sept 19): Talam Transform Bhd has returned to black with a net profit of RM7.6 million in the second quarter ended July 31, 2014, from a net loss of RM6.5 million a year ago.

Revenue multiplied 4.55 times to RM88.7 million from RM19.5 million previously.

In a statement to Bursa Malaysia, the property developer said the bottomline improvement was mainly due to higher gross profit, other income, and lower finance cost.

However, Talam said the net profit was dampened by the provision for impairment on property development costs of RM46.3 million.

For the half-year period, net loss widened to RM11.8 million versus RM7.4 million in the previous corresponding period, while revenue skyrocketed to RM170.7 million from RM41.3 million a year earlier.

Talam said the widened net loss was affected by higher administrative and other expenses, while its revenue jump was mainly due to the disposal of development lands by its property development and investment division.

“The group will continue to enter into joint ventures with reputable corporations to develop its land banks,” said Talam on its prospects.

However, Talam foresees a challenging financial year ahead due to tougher lending guidelines by Bank Negara Malaysia and increasing construction costs.

KUALA LUMPUR (Sept 19): The FBM KLCI tracked global markets’ positive performances today after languishing in the red for the first half of the week, as investors returned after Bank Negara Malaysia and the US Federal Reserve held interest rates, and China eased banking liquidity to boost its economy.

At 5:00 pm market close, the local benchmark index gained 4.17 points or 0.23% to 1,849.49 points. The KLCI exhibited volatile trade in early session, hitting a low of 1,843.35 points.

It climbed back into the positive territory for the most part of the day, thanks to gains in blue chips including Felda Global Ventures Holdings Bhd, Hong Leong Financial Group Bhd (HLFG), RHB Capital Bhd, and IHH Healthcare Bhd.

Yesterday, the US Federal Reserve’s Chairperson Janet L Yellen said that the interest rates would remain, as employment issues still lingered in the country. Bank Negara Malaysia also retained the Overnight Policy Rate (OPR) at 3.25% after the Monetary Policy Committee meeting yesterday.

“It is good news for the local market (to have the OPR maintained). Financing costs will remain,” said Lee.

Jonathan Barratt, chief investment officer at Ayers Alliance, said an escalation in the conflict with Islamic State militants who have seized large parts of Iraq and Syria could push up prices.

KUALA LUMPUR: Share prices on Bursa Malaysia were on a bullish note at mid-morning today with the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) trading 0.29 per cent higher, in tandem with most of its regional peers following a positive overnight performance on Wall Street.

At 11am, the key index was 5.43 points better at 1,850.75, bolstered by gains in selected heavyweights.

In regional markets, Japan's Nikkei 225 surged 1.45 per cent to 16,301.08, Singapore's Straits Times gained 0.30 per cent to 3,307.20 and Hong Kong's Hang Seng gained 0.04 per cent to 24,177.67.

Again asking for RI date..u must follow this forum....crude oil price has to go up n HS have to give some positive talk n push price up to a minimum of 60 b4 Bursa approves d RI...dont worry much they hv to give 21 days notice to call for EGM.

TOKYO (Sept 19): Japanese stocks extended gains to a seven-year high on Friday after Prime Minister Shinzo Abe said he will aim to carry out a pension fund reform as soon as possible, boosting sentiment that was aleady upbeat due to the yen's weakness.

The Nikkei share average rose 1.8 percent to 16,354.23, the highest point since 2007 after breaching a Dec. 30 high of 16,320.22.

The broader Topix gained 1.4 percent to 1,335.71, and the JPX-Nikkei Index 400 added 1.5 percent to 12,121.06. - Reuters

Nikkei hits seven-year high after PM Abe pushes pension reform

KUALA LUMPUR: Gains in IHH Healthcare and FGV helped push the FBM KLCI nearly six points up at midday on Friday, in line with the firmer regional markets, following a positive overnight performance on Wall Street.

KUALA LUMPUR (Sept 19): The FBM rose at the midday break, as local investor sentiment perked up in line with the uptrend at most global markets following the overnight higher close at Wall Street.

At 12.30pm, the FBM KLCI rose 5.91 points to 1,851.23.

Gainers led losers by 442 to 245, while 312 counters traded unchanged. Volume was 1.24 billion shares valued at RM684.34 million.

The top gainers included F&N, Hong Leong Industries, Felda Global Ventures, Dutch Lady, Advanced Packaging, Hap Seng, QL Resources, HLFG, Cahya Mata Sarawak, MPI and Coastal Contracts.

Sanichi was the most actively traded counter with 77.98 million shares done. The stock rose 8% or one sen to 13.5 sen.

The other actives included Nexgram, Efficient, Sumatec, Talam Transform, KNM, DGB and Ni Hsin.

The decliners included Aeon Credit, Dana Infra, APM Automotive, Sarawak Oil Palms, United Plantations, Shangri-La, Tahps, Metal Reclamation and Tasco.

U sell crooks r buying.....Remember MSHG r always never protected? so we r victims.

"Crude oil price is d culprit"......blame nobody!

Anybody can say anything eventually will have to move being business nature.

Ha ha well well...sickening to see no movement??????

Volume very high?

Yes! they will push price b4 RI at d appropriate time...No Interest hike in US n BNM...positive news, next palm oil price moving up...Scotland remain in UK...Asia market up...I feel Brent oil have to move up n Suma have to make some positive news on d latest drilling of oil n at least anticipated profit...just my opinion.....don't forget HS is a professional business man n he should be making some news sooner or later...but in any case should be done b4 end of this yr.

Breaking news Scotland remain in UK

Where u got d news that RI out next week?.....tks

Exports of Malaysian palm between Sept. 1 and Sept. 15

jumped about 180,000 tonnes compared with a month ago, with

demand for crude palm oil surging.

Exports of Malaysian palm between Sept. 1 and Sept. 15

jumped about 180,000 tonnes compared with a month ago, with

demand for crude palm oil surging.

KUALA LUMPUR: Malaysian palm oil futures rose to their highest in over five weeks on Thursday as the Malaysian currency slipped to its lowest since early May and stoked buying interest, although some profit-taking in late trade eroded gains.

KUALA LUMPUR: Malaysian palm oil futures rose to their highest in over five weeks on Thursday as the Malaysian currency slipped to its lowest since early May and stoked buying interest, although some profit-taking in late trade eroded gains.

Hong Leong IB Research in a note Friday said the FBM KLCI was likely to stage follow-through rebound today as “Bottom-out” indicators and Hammer candlestick in hourly and daily chart respectively indicated a strong technical rebound signal.

“As expected, KLCI ricocheted from its strong support near 1840.

“If the FBM KLCI today can swiftly reclaim above the 1850 zones, key resistances are situated at 1,866 (23.6% FR) and 1,876 (downtrend line),” it said.

Regionally, Asian shares edged higher on Friday, cheered by news of an eye-popping initial public offering by Chinese e-commerce giant Alibaba Group, while sterling rebounded after a survey published showed support for Scotland to remain in the United Kingdom, according to Reuters.

#Mid-Morning Market* KLCI stages follow-through rebound
Friday, 19 September 2014 10:22
KUALA LUMPUR (Sept 19): The FBM KLCI staged a follow-through rebound at mid-morning on Friday, in line with the uptrend at most global markets.

At 10am, the FBM KLCI rose 7.15 points to 1,852.47.

The top gainers included United Plantations, BAT, Public Bank, KLK, KESM, Narra, Coastal Contracts, Dayang, IHH and Carlsberg.

Nexgram was the most actively traded counterw with 55.46 million shares done. The stock rose 3.57% or half a sen to 14.5 sen.

The other actives included Sumatec, Naim Indah Corp, Sanichi, DGB, Pasukhas, Ni Hsin, Iris Corp and KNM.

(Sept 19): The pound climbed to a two-year high versus the euro and U.K. index futures rose amid speculation the campaign for Scottish independence will be defeated. Asian equities advanced with U.S. stock futures, while Malaysia’s ringgit declined with crops.

Alibaba raises $21.8 billion in record-breaking U.S. IPO
Friday, 19 September 2014 10:44
(Sept 19): Alibaba Group Holding Ltd., the e- commerce company started in 1999 with $60,000 cobbled together by Jack Ma, cemented its status as a symbol of China’s economic emergence by raising $21.8 billion in a U.S. initial public offering.

"We reckon the FBMKLCI to continue trending within a tight trading range of between 1,840/50 and expect the index to possibly re-test the 1,850 in the immediate term," it noted.

Meanwhile, Reuters reported Asian shares edged higher on Friday, cheered by news of an eye-popping initial public offering by Chinese e-commerce giant Alibaba Group, while sterling rebounded after a survey published showed support for Scotland to remain in the United Kingdom.

"We reckon the FBMKLCI to continue trending within a tight trading range of between 1,840/50 and expect the index to possibly re-test the 1,850 in the immediate term," it noted.

Meanwhile, Reuters reported Asian shares edged higher on Friday, cheered by news of an eye-popping initial public offering by Chinese e-commerce giant Alibaba Group, while sterling rebounded after a survey published showed support for Scotland to remain in the United Kingdom........Starbiz

KUALA LUMPUR (Sept 19): Hong Leong IB Research has maintained its Neutral rating on the construction sector after Works Minister Datuk Fadillah Yusuf said that work on seven new highways would start next year, offering jobs worth about RM20 billion for the construction sector.

In a note Friday, the research house said the key beneficiary for the estimated RM20 billion highway projects would be IJM Corp (Hold; TP: RM7.09), WCT Bhd (Hold; RM2.26), TRC Synergy Bhd (Hold; TP: RM0.57), Mudajaya Group Holdings Bhd (Hold; TP: RM2.48), Ahmad Zaki Resources BHd (not rated) and Bina Puri Holdings Bhd (not rated).

Fed rate hike expected in March 2015
Friday, September 19, 2014 - 00:31
KUALA LUMPUR: The revisions to the United States Federal Reserve (Fed) fund’s projections suggest a higher probability of a rate hike closer towards March 2015.

Good morning....Dow looks positive n US will not increase interest rate until March 2015.
Dow Jones 17,265.99 +109.14 0.64%
Nasdaq 4,593.42 +31.24 0.68%

Dow Jones 17,237.06 +80.21 0.47%
Nasdaq 4,584.92 +22.73 0.50%
...............as at 10.18pm

Dow Jones 17,230.32 +73.47 0.43%
Nasdaq 4,586.21 +24.03 0.53%
......................as at 10pm....................looks good, BNM interest no change so Suma up I think.

KUALA LUMPUR: Moody’s Investor Service has projected that the Malaysian economy would expand by 6% this year and 5% in 2015, driven by its relative diversification and continuing regional economic integration.

“These projections are stronger than the median growth forecast of 2.9% and 3.3% projected for A-rated countries in those respective years.

“We expect Malaysia to sustain higher growth in the medium-term compared with most rating peers. Its robust growth performance and outlook supports creditworthiness,” it said in its credit analysis report titled “Government of Malaysia”.

Ah Chye's purchase of 19.9% Talam stake held back for another four weeks
Thursday, 18 September 2014 19:54
KUALA LUMPUR (Sept 18): Tan Sri Chan Ah Chye and Kumpulan Europlus Bhd (KEuro) have agreed to extend the execution of a sale and purchase agreement in the relation to Chan's purchase of a 19.9% stake in Talam Transform Bhd from KEuro.

In a filing to Bursa Malaysia today, Talam said the signing of the agreement has been postoned by another four weeks to Oct 16, 2014. It didn't state the reason.

Chan had on Aug 21 entered into a memorandum of understanding (MoU) with Keuro to purchase the said 840 million shares at 11 sen per share, which works out to a total of RM92.4 million.

Chan is currently a director at Talam, and owns 8.68% of the property development outfit.

MEMORANDUM OF UNDERSTANDING TALAM TRANSFORM BERHAD (“TTB” or “the Company”) MEMORANDUM OF UNDERSTANDING BETWEEN KUMPULAN EUROPLUS BERHAD AND TAN SRI DATO’ (DR) IR CHAN AH CHYE @ CHAN CHONG YOON

TALAM TRANSFORM BERHAD

Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description TALAM TRANSFORM BERHAD (“TTB” or “the Company”)

MEMORANDUM OF UNDERSTANDING BETWEEN KUMPULAN EUROPLUS BERHAD AND TAN SRI DATO’ (DR) IR CHAN AH CHYE @ CHAN CHONG YOON


Further to our announcement made on 21 August 2014, the Company has been informed today by Tan Sri Dato’ (Dr) Ir Chan Ah Chye @ Chan Chong Yoon (“TSCAC”), a Director and substantial shareholder of the Company, that Kumpulan Europlus Berhad (“KEB”) and TSCAC have agreed to extend the execution of a sale and purchase agreement in relation to the proposed acquisition of 840,000,000 ordinary shares in TTB by TSCAC from KEB, by another four (4) weeks ie. until 16 October 2014.

This announcement is dated 18 September 2014.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1743357