First half Earnigs not good due to low crude oil n palm oil price hence consumer sentiment affected but this is expected to improve in 2H when crude stabilises, klci may also drop to 1700.GST a revenue spinner n amount collected may be made known in 2H so just wait patiently!!!!

http://www.thestar.com.my/Business/Business-News/2015/05/28/Ewein-banks-on-property-for-growth/?style=biz

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4754969

Can d CEO answer one question whether their yield is similiar to UP if not why? becoz palm oil price not going up so low yield d industry collapses!!!!...give me some confidence b4 i trade on yr shares.......!!!!!!....?????

I know Sime hv completed d replanting program hence what is your yield. Is it comparable or nearer to UP/KLK/IOI. Tell d mgrs for a start they must increse d yield by 1mt, each mgr r managing about 2000 hectares. I shall be writing letter to Tony Phua why S yield lower then their counterpart!!!!!!!!

Please dont compare MAS to felda. Felda is land based.The dividend is party from d reserve fund which may exhaust ia a couple of yrs. if palm oil price rise to 2500 ok otherwise can close shop.

AS1M : gives best dividend 6.7% very difficult to get.

"For this year alone, we are targeting 29.4 million tourist arrivals with spending at RM89 billion.

"We believe, with the Malaysia Year of Festivals 2015 campaign, as a continuation of the Visit Malaysia Year, the target can be achieved on the condition that all parties involved play their respective roles." – Bernama, May 27, 2015......,@Ring extract from Malaysia Insider....

Felda low profit becoz of low (palm oil price/low yield/ high field costing) due to lazy brain n pamperiing.Gone gone gone total stupidity.

Rotten brain = Rotten fruits cannot sell so no money!

KUALA LUMPUR, 22 September 2014:
IRIS Information Technology Systems Sdn Bhd (IRIS), the wholly owned subsidiary of IRIS Corporation Berhad was awarded a 3+2-year term deal for the implementation of the Malaysian Government's system of Goods and Services Tax (GST) Tourist Refund Scheme (TRS). Pursuant to the tender requirements, IRIS had established a joint venture company (JVCo) with Global Blue, the Swiss-based expert in international shopping and spending.

The JV Co named IRIS Global Blue TRS Malaysia Sdn Bhd, plans to invest a sum of RM155 million to ensure the seamless implementation of the Tourist Refund Scheme (TRS) to promote tourism shopping. The JVCo will receive an administrative fee of 15% from the GST Refund Services.


"This award recognises that both our vast experience, superior quality solutions and customer service focus have gained us recognition as the leading company to provide the best Tourist Refund Scheme solution to the government " said Dato' Hamdan Bin Mohd Hassan, Deputy MD of IRIS Corporation. "We are well positioned to offer the best GST refund experience for local authorities, retailers and tourists – from in-store purchase to export validation at the airport and refund payment. The JV Co will provide a world class TRS system to Malaysia by combining IRIS' proven expertise in global IT solutions with Global Blue's experience in operating TRS in 37 countries across 5 continents."

"Malaysia offers fantastic shopping with some of the best shopping malls in the world. Offering GST refunds will make Malaysian retailers even more attractive to global shoppers, the world's most valuable customers," explained David Baxby, CEO Global Blue. "Travelling within Asia is forecasted to continue to grow significantly during the coming years, and the introduction of a Tourist Refund Scheme will establish Malaysia as a shopping paradise for international travellers."

Tourism Malaysia has reportedly set a target of 28 million tourists for VMY2014, who are expected to spend a total of RM76 billion. In 2013, Malaysia registered 25.7 million tourists with tourist receipts of RM65.44 billion.

About IRIS Corporation Berhad

IRIS Corporation (www.iris.com.my) is a technology integrator and innovator with sustainable, comprehensive solutions for trusted identity, secure payments, transportation, waste management, renewable energy, building solutions, food security, agriculture, sustainable development and education.

Today, we have 2 decades of experience in developing ePassports and multi-application eID cards. IRIS stands for a core proprietary Image Retrieval & Identification System, which encompasses five disparate technologies – silicon technology, operating system customized applications, multi-modal biometrics and smart devices, all uniquely integrated within one solution. IRIS designed the world's first ePassport, for the Malaysian Government, and has been offering a comprehensive range of trusted identity solutions since 1994, from the manufacture of smart cards and travel documents to the devices required to authenticate them.

IRIS has a significant international presence in 29 countries across the globe where we deliver unrivalled service exceeding our customers' expectations. For over 20 years, IRIS has demonstrated unwavering dedication and focus to delivering technology-driven solutions that will enrich lives and change the world for the better. IRIS Corporation is a MSC-status company and listed on Bursa Malaysia (ACE market).
About Global Blue

Global Blue is the expert on foreign travellers' shopping and spending and makes retail transactions between merchants and their foreign customers, easier and more rewarding for everyone. Having introduced the concept of Tax Free Shopping 34 years ago, Global Blue now offers a wide range of services that help consumers shop and spend wisely when they are in foreign countries, and merchants and banks increase their revenues from the lucrative traveller market.

Global Blue works with over 270,000 of the world's favourite retailers, shopping brands and hotels in 43 countries and serves in excess of 100,000 travellers each and every day. The company's ambition is to become the beacon for international shopping and spending across the globe.

Global Blue's headquarters are in Eysins, close to Geneva, Switzerland. More information about Global Blue is available at corporate.globalblue.com.

http://www.iris.com.my/media_20140922_gst.html

PKR law maker a UK Professional Accountant says TRS ia a lucrative buisness!

http://www.themalaymailonline.com/malaysia/article/mp-questions-profit-making-privatisation-of-gst-refund-scheme-for-tourists

Focus : Ewein could be tgt of a reverse takeover.The JV, Png based Ewein Zenith Sdn Bhd received d green light from Majlis Bandar Raya Png for d development of luxury serviced appartments in Banfar Tanjung, Png wt a GDV of 800 million. Ewein shares hv risen from 50c to 97c on May 21.(Any expert what is Ewein's connection to Etitech?.. pls clear d air otherwise on a wild goose chase!!!!!!!)

Simple palm oil price not going up therefore not viable for diesel project becoz becoz crude oil @ 70/ barrel will kill d palm oil industry. Fgv shd get rid of d lazy mgrs n point mgrs who r committed.Appoint UP plantation advisrers n increase d yield to 25mt. I read in d media that felda is going to plant high breed seedlings to achieve high yield.They can do anything but if u appoint rotten mgrs u get rotten fruits.

Trs project huge profit with high capital so Iris hv to go on partnership. Epassport is a loss but d revnue from TRS will cover d loss plus generate profit.

They cant get a proper yield but want to receive fat remuneration, there is vacancy in d circus for clowns!!!!

If i am not wrong Sime yield/ha/annum is 20mt unlike their counter part like UP/Klk/IOI is 23-25mt. The differecne of say 3mt, d loss in revenue is like (500,000 hectares x 3mt x RM300 current price of fruit = RM150,000,000). If this is paid out as dividend share price will shoot to RM30 like UP. We r hearing of like 1MDB, i think got many MDBs'....very sad Malaysian!

http://www.nst.com.my/node/85381

For every 1mt of fruit x 600,000 hectares (felda planted hecterage) x RM300 ( price of fruit) = 180,000,000 hence (23-20mt =3mt) x 3 = 540,000,000 loss. Is felda in business, please ask this vital question, print this n take to d meeting.

.....I know whether they r performing or not they get about 10mths bonus + bonus attracts epf so is more then 10mths....shd be based on productivity/costing shd not exceed budget n field shd be clean n appoint field audit personnel.

Please ask 1) why felda yield is only 20mt while UP/Klk/IOI 23-25mt 2) are d mgrs waliking 8 hrs in d field 3) appoint UP personnel as Visiting plantation advisers 4) mgrs for a start shd strive to increase d yield by 1mt from d estate entrusted on them ( usually each mgr will be given about 2000 hectares to manage. 4) reduce mgrs bonusses/perks.

Penang-based metalsheet maker Ewein Bhd ( Financial Dashboard) (fundamental: 1.55; valuation: 1.4) said it is unaware of any potential takeover offer for the company.

It was responding to a news report, quoting sources, that Ewein could be the target of a reverse takeover, with the takeover price to likely be between 90 sen and RM1.20.

"The board of directors of Ewein wishes to inform that they have no knowledge of the reported statement and the article, nor has received any takeover notice and as reported by the article," it said in a filing with Bursa today.

http://www.theedgemarkets.com/my/article/cn-asia-ewein-perak-corp-scanwolf-cocoaland-igb-pos-malaysia-landmarks-sarawak-plantation

http://www.nst.com.my/node/85395

We agree wt all d reasons given for decrease in profit, may I ask one question is your yield/ha/annum is it similar to UP/KLK/IOI, of course it is much lower n what is being done to improve d yield.....!!!!....????

http://www.thestar.com.my/Business/Business-News/2015/05/23/Sime-likely-to-miss-target/?style=biz

- We expect margins to improve further as its KVMRT1 jobs (which yield lower margin) were completed in Feb. For the 9M period, the gross profit margin for propertyrelated jobs was 19% vs. 5% for infrastructure jobs.

- At its recent analyst briefing, management assured of prospects remaining bright with a tender book of ~RM1bil. It is also in good position to secure piling jobs for the upcoming KVMRT2 project.

- It has also invested RM28.9mil in capex for new machineries this year in anticipation of new job wins.

- We continue to like Econpile for its strong execution and good track record amid rising jobs flow. It is now trading at 12x FY15F PE. Maintain BUY.

http://klse.i3investor.com/servlets/ptres/30262.jsp

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4747437

http://www.malaysiakini.com/news/299231

Dont worry too much of 1MDB, our GST contribution will save Malaysia, possible about 40B/yr.

http://www.nst.com.my/node/85023

Econ soild as rock profit coming coming n more in pipeline......

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4742721

The government has collected almost RM1.7 billion from Goods and Services Tax (GST) on taxable imports up till May 10.

"The amount of tax collected from imports from April 1 to May 10 is RM1.689 billion.

"This data was known early because payments were made before imported goods were released by Customs at ports, borders or at the airports," Deputy Finance Minister Ahmad Maslan (photo) told the Dewan Rakyat today.

The government however does not yet have the figures for GST collected on domestic spending.

This is because businesses earning more than RM5 million a year will only be submitting their GST returns this month, while those earning less than RM5 million per annum will be submitting once every three months, with the first filing due by July 31.

http://klse.i3investor.com/servlets/ptres/30132.jsp

With low price of palm oil coupled wt low yield n unproductive Mgrs/top management earning will keep dropping. Remember one thing in life everthing hv got its limits, too much of eating also bad likewise too much sex makes unproductive mgrs so gone case.....!!!!!.....?????

X
Ring JF Apex Research said construction counters could see trading action ahead of the 11th Malaysian Plan (11MP) to be tabled in Parliament on Thursday as builders are expected to be the major beneficiaries.
20/05/2015 10:43

http://www.theborneopost.com/2015/05/20/sarawak-cable-likely-beneficiary-from-rm4-billion-baram-dam/

JF Apex Research said construction counters could see trading action ahead of the 11th Malaysian Plan (11MP) to be tabled in Parliament on Thursday as builders are expected to be the major beneficiaries.

JF Apex Research said construction counters could see trading action ahead of the 11th Malaysian Plan (11MP) to be tabled in Parliament on Thursday as builders are expected to be the major beneficiaries.

1.20 going to break!

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4741393

Sudden surge, i belief TRS revenue may be known in first wk of June?

The FBM KLCI edged lower in early trade today in line with regional markets as Greek fiscal woes weighed on investor sentiment.

At 9am, the FBM KLCI fell 4.48 points to 1,819.02 on profit taking on select blue chips after the recent rally.

The top losers in early trade included Petronas Gas Bhd, UMW Holdings Bhd, MISC Bhd, British American Tobacco (M) Bhd, Petronas Chemicals Group Bhd, IJM Corporation Bhd, Eco World Development Group Bhd, Tasco Bhd, Axiata Group Bhd and Maxis Bhd.

PETALING JAYA: Shipping company Hubline Bhd will discontinue its container shipping operations and exit the industry by the end of the financial year ending Sept 30, 2015, a move which will see it become a Practice Note 17 company.

The successful execution of its exit from the business is estimated to see the group take a one off hit of RM350 million to its income statement for the financial year ending Sept 30, 2015.

In a filing with Bursa Malaysia yesterday, Hubline said the container shipping division contributes some 79% to revenue and is deemed a major portion of the group's overall shipping business.

"(The move to exit the container shipping industry will push the group into PN17 status) despite the fact that the container shipping division is also the 'major' contributor to the groups cost of operations.

http://www.theedgemarkets.com/my/article/malaysian-top-fund-sees-bargains-small-stocks-39-discount

http://www.theedgemarkets.com/my/article/malaysian-top-fund-sees-bargains-small-stocks-39-discount