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2017-07-16 11:37 | Report Abuse
Dr Neoh mentioned 12% div per annum. Calvin recommended all lousy dividends stocks that far less than 12%.
2017-07-14 22:45 | Report Abuse
Shareholders may not know that CIMB owns Touch-n-go Sdn Bhd.
KUALA LUMPUR: Touch ‘n Go Sdn Bhd will introduce a new digital platform which will be used in the sale and purchase medium nationwide in the next six months, in line with the move to further enhance cashless transactions at the community level.
Its chief executive officer Syahrunizam Samsudin said the platform, currently called Touch ‘n Go e-Wallet, was undergoing several evaluation processes by Bank Negara Malaysia before it could be introduced to the public.
He said the name had yet to be finalised and there was a possibility that it would be changed once it was officially launched next year.
“Our vision is to introduce this cashless payment system more deeply at the community level, not just at the city centre or shopping malls, but also at retail outlets close to the community.
“God willing, in the next six months, we will be launching this platform and we will see the reaction from the users by then,” he told reporters at the Touch ‘n Go Aidilfitri Open House in Kuala Lumpur on Thursday.
Syahrunizam said the pilot project for the platform was launched in Taman Tun Dr Ismail (TTDI) here two months ago in collaboration with the resident association, along with retailers, restaurant operators and TTDI Market traders, and the respond had been positive in terms of the system’s stability and user-friendly function.
During the pilot run period, Syarunizam said all the collaborating partners enabled the use of payment of goods purchased from their premises using the platform, which could be downloaded on smartphones.
He said the launch of the platform would be done in phases in order to educate the users on how to use the platform to make purchases.
“What we want to emphasise on our corporate strategy is to increase the number of centres using Touch ‘n Go cards, with the current focus of looking at the parking business, for example, while the retail sector will kick off together with our e-Wallet platform launch,” he added.
To date, Touch ‘n Go active users stood at an average of 18.5 million a year. - Bernama
Read more at http://www.thestar.com.my/business/business-news/2017/07/13/touch-n-go-to-introduce-digital-platform-for-retail-activity/#PaGcisxtqFQlOpBg.99
2017-07-14 22:43 | Report Abuse
By AYISY YUSOF - July 14, 2017 @ 1:13am
KUALA LUMPUR: CIMB Group Holdings Bhd is not planning any merger and acquisition (M&A) in Malaysia.
Its group chief executive officer Tengku Datuk Seri Zafrul Tengku Aziz said the company is currently operating in 15 countries and there will be countries that can be sub-scaled.
“For Malaysia, we are very clear. We are happy with the size and scale that we operate in. I do not foresee any M&A for us in Malaysia for CIMB,” he said at a press conference after the CIMB Finance Forum 2017 on Belt and Road Initiative in Kuala Lumpur, today.
However, Zafrul said the company will definitely look at opportunities to acquire or merge with other financial institutions for its overseas operation, depending on the possibility of commercial viability.
He said CIMB sees its growth potential in the Philippines as well as Vietnam, in which it started operations last December.
“We are now finalising the opening of our second branch in Ho Chi Minh.
“Whereas in Philippines, we are now waiting for approval from the Central Bank of the Philippines,” he said.
Zafrul pointed out that CIMB will prioritise growing its core markets in Malaysia, Indonesia, Singapore and Thailand.
On the growth of the local banking industry, he said CIMB expects good performance in the first-half this year.
“For the second-half of the year, we are very cautiously optimistic as you know Malaysia is highly an open economy,” he said, adding that Malaysia has seen a very strong GDP growth of 5.6 per cent in the first-quarter this year.
“Obviously the performance of the bank is highly dependent on the country’s performance, which has a very strong positive correlation on GDP growth,” he said.
However, he said the industry should be mindful of how the United States, China and Europe are performing.
“To that end, we think the second-half will also be at least similar growth as the first-half. Hence, 2017 should be better than 2016,” he said.
CIMB recently signed an agreement with China Galaxy Securities Co Ltd, allowing the Chinese financial institution to acquire CIMB’s 50 per cent in stock broking business.
“We are now waiting for the approvals from all the regulatory authorities because it involves many countries.
“We are excited about it. We are looking at the timeline by end of the year in November or December. We hope to get all the approvals,” he said.
Zafrul said CIMB is continuously looking at any opportunities to increase its collaboration with China companies.
“We are seeing China Galaxy as the first step towards that. We see more investments flow between China and South East Asia,” he added.
2017-07-14 22:32 | Report Abuse
China June fiscal spending growth quickens to 19.1% | http://www.klsescreener.com/v2/news/view/255845
Just a piece of economic situation.
2017-07-14 22:31 | Report Abuse
Malaysia's May wholesale, retail trade growth accelerates | http://www.klsescreener.com/v2/news/view/255887
2017-07-14 22:30 | Report Abuse
See. Net foreign buy this week.
http://www.malaysiastock.biz/Market-Statistic.aspx
2017-07-14 22:13 | Report Abuse
2nd Q could be 1.58 cents net profit (from latest NTA calculation). So Q1 + Q2 is 3.18 cents net profits. S projected about 3.15 cents div for 20171H financial year. 3.15 plus last year 20162H div 3.4 is totaled as 6.55 cents div per annum approximately.
2017-07-14 22:09 | Report Abuse
Malaysia's May wholesale, retail trade growth accelerates
TheEdgeFri, Jul 14, 2017 - 5 hours ago
KUALA LUMPUR (July 14): Malaysia's wholesale and retail trade grew 10.7% to RM96.9 billion in May, from a year earlier, led by retail transaction growth.
According to the Statistics Department's statement today, retail trade rose 13.1% while wholesale and motor vehicle transactions climbed 9% and 10.2% respectively.
"The sales value consists of wholesale trade (RM46.9 billion), retail trade (RM37.2 billion) and motor vehicles (RM12.8 billion) businesses. The positive growth was contributed by retail trade (13.1%)," the department said.
May's wholesale and retail trade's on-year 10.7% growth compares with April's 9.6% expansion, according to the department.
FXTM vice president of corporate development and market research Jameel Ahmad wrote in a note today that Malaysia's above-forecast 10.7% wholesale and retail trade growth in May, added clarity to the notion the country's economy was performing above expectations.
“Optimism is continuously increasing that the GDP reading for Q2 will follow the same trend as the first quarter of the year, in terms of surpassing expectations, following a hat-trick of economic data announcements over the past week.
“If the Malaysian economy continues to pull out these numbers consistently above expectations, it won’t be long until think tanks begin upgrading their overall forecasts for growth this year,” Jameel said.
2017-07-14 22:07 | Report Abuse
Malaysia's May wholesale, retail trade growth accelerates
TheEdgeFri, Jul 14, 2017 - 5 hours ago
KUALA LUMPUR (July 14): Malaysia's wholesale and retail trade grew 10.7% to RM96.9 billion in May, from a year earlier, led by retail transaction growth.
According to the Statistics Department's statement today, retail trade rose 13.1% while wholesale and motor vehicle transactions climbed 9% and 10.2% respectively.
"The sales value consists of wholesale trade (RM46.9 billion), retail trade (RM37.2 billion) and motor vehicles (RM12.8 billion) businesses. The positive growth was contributed by retail trade (13.1%)," the department said.
May's wholesale and retail trade's on-year 10.7% growth compares with April's 9.6% expansion, according to the department.
FXTM vice president of corporate development and market research Jameel Ahmad wrote in a note today that Malaysia's above-forecast 10.7% wholesale and retail trade growth in May, added clarity to the notion the country's economy was performing above expectations.
“Optimism is continuously increasing that the GDP reading for Q2 will follow the same trend as the first quarter of the year, in terms of surpassing expectations, following a hat-trick of economic data announcements over the past week.
“If the Malaysian economy continues to pull out these numbers consistently above expectations, it won’t be long until think tanks begin upgrading their overall forecasts for growth this year,” Jameel said.
2017-07-14 17:25 | Report Abuse
Cannot up today also. 4 days already. I really wish it goes up!
2017-07-14 17:22 | Report Abuse
OK. Just sold Gtronic at 6.29. Got a little bullet. My calculation of div based on latest NTA is about 1.8 plus minus cents for coming quarter result.
2017-07-14 17:20 | Report Abuse
Go to super/hyper market find out the price of a canned food of King Oyster Mushroom. Hevea's market is Asean.
2017-07-14 13:58 | Report Abuse
Good idea. You queue at 0.5 cents. I have already 800 lots waiting for dividend every Q.
2017-07-14 13:55 | Report Abuse
Be a real gentleman. Don't know say don't know. Don't simply quote other sources but still don't understand.
2017-07-14 13:54 | Report Abuse
Since you are a false prophet, you are not welcome here.
2017-07-14 13:53 | Report Abuse
golden wannacry as CIMB is so strong!
2017-07-14 13:49 | Report Abuse
Good time to invest more. High margin profit.
2017-07-14 13:46 | Report Abuse
Risk is therefore rising high to me. just share with you all.
2017-07-14 13:45 | Report Abuse
Bursa don't reply my complain. First complain it replied by saying Lotte has yet listed so they have no right to ask them to do so which is ridiculous.
2017-07-14 13:43 | Report Abuse
Many IPO advcon and intabina for instance already published their Q1 results which show good. Lotte has yet to do so.
2017-07-14 13:41 | Report Abuse
I just dropped the envelope. Mainly because I had complaint to SC for no Q1 result from Lotte. Curious. Don't want to take the risk.
2017-07-14 13:21 | Report Abuse
Touch and go could be one of successful payment system when digitized walletly.. Touch and Go pay. We will see.
2017-07-14 08:29 | Report Abuse
The American Dream!
2017-07-13 17:17 | Report Abuse
On track also may not conclude. Talk is easy. Do cannot lah!
2017-07-13 08:10 | Report Abuse
Yesterday already up is a fact. Most important, at the end of the day. it is up. Don't need to be jealous lah. Go to other counter to jealous kaukau.
2017-07-12 20:45 | Report Abuse
It's unbilled sell is high. Sustainable.
2017-07-12 20:42 | Report Abuse
No lah. Tomorrow will bounce back fast and crazy as foreign investors back to buy.
2017-07-12 20:37 | Report Abuse
I eat King Oyster Mushrooms. Small package cost me around RM3.50. Family cut it into long pieces, together with garlic and better to fry. Very nice!
2017-07-12 17:27 | Report Abuse
So we got 5 cents div. Tomorrow ex-date!
2017-07-12 17:26 | Report Abuse
Tomorrow pump up again! Watch up!
2017-07-12 17:23 | Report Abuse
The merger may not be successful. All parties want the biggest cake. Eventually, it goes up again to RM5.50 or above.
2017-07-12 17:17 | Report Abuse
Once mushroom plantation is successful, hevea will go into cane food business. Do you know how much a mushroom cane sold in market?
2017-07-12 17:09 | Report Abuse
Best performance bank price drop. Must be crazy.
2017-07-11 20:35 | Report Abuse
Long term. Buy and keep. Take dividend.
2017-07-11 20:32 | Report Abuse
Exactly, don't need to watch the price anymore.
2017-07-11 20:30 | Report Abuse
Who want to cut particle board? Bodoh lah stockraider. No share talk cock. From AGM, obviously these organic compounds consists of skin of rubberwood and etc when cutting it and cannot be used to build furniture.
2017-07-10 20:52 | Report Abuse
Simple. Sell everything and stand outside if you fear. Else buy at low.
2017-07-10 17:17 | Report Abuse
agree with darkstar. So much imagination golden has.
2017-07-10 13:37 | Report Abuse
All strategies he will use.
Blog: ColdEye 冷眼心水股: Accumulate Willowglen!!
2017-07-16 11:42 | Report Abuse
Do not misuse cool_eye name to promote your stock. Use your own name instead, coward!