Palm oil prices on the benchmark Bursa Malaysia Derivatives Exchange climbed to a one-month high this week as the market continued to rebound from a five-year low seen at the start of this month.

Malaysian palm oil exports jumped more than 30 per cent in the first half of this month from August, according to estimates from cargo surveyors, as a direct benefit of abolishing export taxes.

Dow Jones 17,172.68 -107.06 0.62%
Nasdaq 4,527.69 -52.10 1.14%
.........generally shares r down due to external factors China economy something is wrong communist country lack of transparency n secondly Opec have to cut production.

1 IRIS 1000
2 SUMATEC 491
3 GLOTEC 487
4 EFFICEN 420
5 IFCAMSC 370
6 DSONIC 358
7 CENSOF 331
8 KNM 324
9 AT 270
10 KSL 263

Suma chart now shows upwards!

http://www.thestar.com.my/Business/Business-News/2014/09/22/Corridor-of-vast-potential-STARPROPERTYMY-held-a-forum-called-Property-investment-opportunities-in-t/

Properties of vast potential in the Klang Valley

PETALING JAYA: Selangor is the richest state in Malaysia in terms of Gross Domestic Product (GDP), and of the many urban centres in the state, Petaling Jaya (PJ) is the most active in terms of property development. The areas that are hot on buyers’ radar is the stretch from PJ/Subang Jaya to Shah Alam, and goes west to Port Klang. This stretch is also referred to as the western corridor.

No idea?

Company have to give 21days notice to call for egm to approve RI n all shareholders will receive d circulars n those not able to attend d egm can send d proxy form either u r against d RI... so until the day comes...stay cool.

greddym3 good news!

We refer to our announcement dated 24 June 2014. The Board wishes to announce that its wholly-owned subsidiary, CNASIA Capital and KenMakmur had on 22 September 2014 mutually agreed not to extend the timeframe for the execution of the proposed LPG / condensate production agreement and as such the Framework Agreement shall henceforth lapse and have no effect whatsoever and none of the parties shall have any rights or claims against each other.
22/09/2014 21:14
Ring

KUALA LUMPUR (Sept 22): Malaysian palm oil futures stretched losses into a second session on Monday to hit a more than one-week low, weighed down by falls in competing markets overseas and further technical correction.

Although palm's demand outlook has brightened, thanks to an export duty cut on its crude grade, as well as anticipation that output may have already peaked in August, traders said the rally in benchmark prices had to be reined in.

Market participants said Malaysian palm oil, which last week notched up a third straight weekly gain, has been overbought after sliding to a five-and-a-half-year low of 1,914 ringgit per tonne on Sept. 2.

OPEC members, many of whom require oil prices at above $100 to meet budgetary needs, will review the organisation's oil output policy at its next meeting on Nov. 27.

Oil production in Libya has fallen to 700,000 barrels per day (bpd), down nearly 20 percent from 870,000 bpd a week ago as its El Sharara oilfield and Zawiya refinery stay closed, a spokesman for the state-run National Oil Corp (NOC) said on Sunday.

Fighting has intensified in southern Libya as soldiers and police clashed in the last few days near the country's biggest oilfield El Sharara. The field was shut last week because of damage to a storage facility at the Zawiya refinery in the north, which it feeds.

True..I bought an apartment with a small swimming a gimmick u end up paying monthly maintenance cost for life..not worth it.

Iris for short term got profit run.They r planning to plant oil palm in New Guinea when palm oil is already abundant in d market that will be d biggest mistake they can make and also d timber don't belong to them besides hv to pay royalty also remember not necessary when transfer to MB price shd spike all depends on d "Q"!

Azmin has administrative experience n for d economy to grow, have to spend d reserve funds.The previous MB was d MD of d the then Guthrie n during his tenure d company Oil Palm based was running at loss?...I can't imagine n got no words to comment.Firstly there is so much of barren land in Klang can't they plant trees to make d place looks more green...??????

Potential to be known next Q March 2015 they r borrowing from bank to finance d projects for now not that very positive high TP of 60 of questionable?

Investors r worried of China's slower growth in their economy, being a communist country a lot of thing is hidden not transparent i think they r getting smarter n playing monkey game like US...n d whole scenario is being made worst due to low crude oil price..to solve problem Opec hv to cut production or instability in d Arab world, to me US is up to some tricks n I personally feel bull run is still imminent.

Read nicely firstly have to borrow money from bank n profit can be seen for long term investors.Last Q was loss for d price to hike wait for next Q.Some sold Suma n bot Iris becoming a monkey game!

PETALING JAYA: Selangor is the richest state in Malaysia in terms of Gross Domestic Product (GDP), and of the many urban centres in the state, Petaling Jaya (PJ) is the most active in terms of property development. The areas that are hot on buyers’ radar is the stretch from PJ/Subang Jaya to Shah Alam, and goes west to Port Klang. This stretch is also referred to as the western corridor.

For the past two decades, property projects remained almost unchanged but the landscape is fast changing with the launch of new township developments in Shah Alam and Klang such as Bandar Bukit Tinggi, Setia Alam, Setia Eco Park, Aman Perdana, Cahaya SPK, Denai Alam, City of Elmina, Bandar Botanic and Tropicana Aman. The western corridor is today one of the more exciting corridors and the entrance of big developers has changed the property landscape.

PKR deputy president Azmin Ali is expected to be sworn in as the new Selangor menteri besar, sources told Malaysiakini.

The swearing-in ceremony will take place at Istana Alam Shah in Klang at 10am tomorrow, they said.

SINGAPORE/JAKARTA (Sept 22): Palm oil's share of global vegetable oil consumption looks set to climb in the months ahead as the top two producers engage in a tit-for-tat export tax tussle designed to boost sales.

SINGAPORE/JAKARTA (Sept 22): Palm oil's share of global vegetable oil consumption looks set to climb in the months ahead as the top two producers engage in a tit-for-tat export tax tussle designed to boost sales.

SINGAPORE/JAKARTA (Sept 22): Palm oil's share of global vegetable oil consumption looks set to climb in the months ahead as the top two producers engage in a tit-for-tat export tax tussle designed to boost sales.

“On the local market, the FBM KLCI gained 4.17 points to 1849.49 points (on Friday).

“Following the bullish sentiment, we expect the FBM KLCI to break the 1850-point level and extend its upward rebound towards the resistance of 1880 points,” it said.

At 9am, the FBM KLCI added 2.16 points to 1,861.65.

The top gainers in early trade included BAT, United Plantations, BHS, Lafarge Malaysia, MAHB, Sunway, Felda Global, Barjaya Auto, KPJ Healthcare, MKH,Magni and Spritzer.

Regionally, Asian shares got off on the back foot on Monday after an uninspiring session on Wall Street, while the dollar gave back a little of its recent solid gains in early trading, according to Reuters.

Select blue chips to drive momentum
21 SEPTEMBER 2014 @ 11:26 PM

BURSA Malaysia is expected to gain momentum this week, driven by select blue chips as investor sentiment edged up after Bank Negara Malaysia maintained the Overnight Policy Rate at 3.25 per cent.

Analysts said this is also in line with the anticipated FTSE Bursa Malaysia KLCI (FBM KLCI) entering a “pre-budget rally” mode as well as the uptrend in most global stock markets.

Select blue chips to drive momentum
21 SEPTEMBER 2014 @ 11:26 PM

BURSA Malaysia is expected to gain momentum this week, driven by select blue chips as investor sentiment edged up after Bank Negara Malaysia maintained the Overnight Policy Rate at 3.25 per cent.

Analysts said this is also in line with the anticipated FTSE Bursa Malaysia KLCI (FBM KLCI) entering a “pre-budget rally” mode as well as the uptrend in most global stock markets.

Select blue chips to drive momentum
21 SEPTEMBER 2014 @ 11:26 PM

BURSA Malaysia is expected to gain momentum this week, driven by select blue chips as investor sentiment edged up after Bank Negara Malaysia maintained the Overnight Policy Rate at 3.25 per cent.

Analysts said this is also in line with the anticipated FTSE Bursa Malaysia KLCI (FBM KLCI) entering a “pre-budget rally” mode as well as the uptrend in most global stock markets.

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.

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.

10.5 + posible

Many developers with rich land r not unlocking d land value becoz have to pay higher Quit rent which affects profit.When decide to develop then they pay money to do d reassessment n expensive but obviously will increase NTA value n share will go up n maybe too late to buy?

Relating Glotec to Talamt......sounds funny.

Best, buy n keep since got net profit 7.62 million in hand n may go for M&A or RTO for business expansion anything is possible lets wait n see?

20 Sep 2014
PETALING JAYA: Talam Transform Bhd is back in the black when it recorded net profit of RM7.62mil for the second quarter to July 31, 2014 from a previous net loss of RM6.48mil. Revenue increased 4.55 times to RM88.73mil from RM19.48mil previously. The improvement in profits was mainly due to higher gross profit and other income and lower finance cost.

Remember in tamil film HERO never dies n always happy ending otherwise in India fans burn d theatre.

A man can make one mistake but he can't go on making mistakes, Renong one big mistake don't worry HS knows what he is doing give him some space!....our bad luck during this crucial time crude oil price is down now Opec have cut production or some conflict in d arab world.So d issue here is not HS but external factors?

Thanks better to sell exdate.

boaz... thanks for d info which i overlooked but what disturbs d mind when bonus warrants was issued by Menang d mother share price dropped being adjustment but will d same situation happen to MSPORTS.

The issuance of warrants will it affect d mother share. When d same was done to Menang d price dropped after listing d warrants???????

Directors knew Iris getting d TRS so they purposely push d price down chase all d weak investors n those sold gone now those who kept may smile all d to d bank.

Malaysian Market Likely To See Pre-budget Rally Next Week

5 hours ago
KUALA LUMPUR: Bursa Malaysia is likely to be bullish next week in the run-up to the Budget 2015, dealers said.

A dealer said the budget expectations were likely to trigger a pre-budget rally and power, healthcare, construction, oil and gas sectors would likely attract investor interests.



Affin Investment Bank vice president/head of retail research, Dr Nazri Khan Adam Khan, said the Budget 2015 (scheduled on Oct 10) and the impending launches





2014 biggest mega initial public offerings 1Malaysia Development Bhd, Iskandar, Weststar and Carimin Bhd should be market-positive.

"We expect these catalysts to attract foreign investor interest and foreign funds to spur Bursa Malaysia," Nazri told Bernama.





As the global stocks rose sharply, he said, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) should make U-turn and rebound.

Malaysian Market Likely To See Pre-budget Rally Next Week

5 hours ago
KUALA LUMPUR: Bursa Malaysia is likely to be bullish next week in the run-up to the Budget 2015, dealers said.

A dealer said the budget expectations were likely to trigger a pre-budget rally and power, healthcare, construction, oil and gas sectors would likely attract investor interests.



Affin Investment Bank vice president/head of retail research, Dr Nazri Khan Adam Khan, said the Budget 2015 (scheduled on Oct 10) and the impending launches





2014 biggest mega initial public offerings 1Malaysia Development Bhd, Iskandar, Weststar and Carimin Bhd should be market-positive.

"We expect these catalysts to attract foreign investor interest and foreign funds to spur Bursa Malaysia," Nazri told Bernama.





As the global stocks rose sharply, he said, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) should make U-turn and rebound.

Malaysian Market Likely To See Pre-budget Rally Next Week

5 hours ago
KUALA LUMPUR: Bursa Malaysia is likely to be bullish next week in the run-up to the Budget 2015, dealers said.

A dealer said the budget expectations were likely to trigger a pre-budget rally and power, healthcare, construction, oil and gas sectors would likely attract investor interests.



Affin Investment Bank vice president/head of retail research, Dr Nazri Khan Adam Khan, said the Budget 2015 (scheduled on Oct 10) and the impending launches





2014 biggest mega initial public offerings 1Malaysia Development Bhd, Iskandar, Weststar and Carimin Bhd should be market-positive.

"We expect these catalysts to attract foreign investor interest and foreign funds to spur Bursa Malaysia," Nazri told Bernama.





As the global stocks rose sharply, he said, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) should make U-turn and rebound.

4 Profit/(loss) attributable to ordinary equity holders of the parent
7,616,000............& EPS 0.18 cts considered good for penny stock.....Klci may start with a consolidation in d morning b4 going up...so please be on d double..

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.

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.

He said investors regarded this action as another small targeted easing move to benefit all interest rate sensitive stocks.

U r right my offsight thanks for d correction otherwise i am misleading d investors.

Last Q RM7616 profit is very good for a penny stock like Talamt.

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.......@Ring.....I feel HS might use this opportunity to push Suma to ....$....? n not surprising HS submits to Bursa for RI approval in two weeks time...!!!!!

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