tom2629

tom2629 | Joined since 2013-07-18

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2023-09-28 09:32 | Report Abuse

Stay out. Global recession coming. If u have the holding power, then ride out the waves. If not, stay out until the markets correct. Interest rates bound to increase to counter runaway global inflation. This time is different.

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2023-09-18 14:59 | Report Abuse

Something is brewing inside PB and the 80yo MD, (TS Tay with a RM45mil pa remuneration) better disclose it soon. Hate surprises.

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2023-09-18 09:14 | Report Abuse

Why does PB needs to establish 20billion worth of subnotes with 30 years tenure? No other banks are doing it, so far? Who is the big borrower? The Govt or Private company?

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2023-03-01 12:56 | Report Abuse

Pharma will not be so dumb to order 550m worth of vaccine unless the Muhyddin administration requisite for it. Now the Govt has to pay up what they still owe to Pharma. That's all. Muhyddin, pls cough up the hundreds of billions ringgit you passed and used, without Parliament approval, under the EO Act. Problem solved. Thats what DSAI has always said from day 1 when he became PM, misappropriation of funds by Muhyddin. This Pharma issue is one of them. And we have not touch on the acquisition of Pfizer vaccines yet.

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2023-02-28 17:56 | Report Abuse

Its only provision for impairment. Accounting play. Biggest order was from govt. Govt owes Pharma. Check their receivables. The prices for the vaccines were jacked up under the Muhyddin administration 600bil extra emergency budget. Besides this provision, everything remained pretty much unchanged. So, on the books, thats how vaccine corruption money gets accounted for under impairment. Cut the drama! Audit the vaccine price from the beginning, and you ll see how much Pharma actually made.

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2020-08-03 16:48 | Report Abuse

Good to see more ppl buying, I keep selling...Tq newcomer1388

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2020-08-03 13:00 | Report Abuse

Careplus severely overvalued ... wise to take profits and run. Book Value does not justify today's share price. Goreng gone crazy and overboard

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2020-06-23 12:31 | Report Abuse

This is a direct business transaction. Not from open market takeover.

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2020-06-23 12:29 | Report Abuse

Its not going private, as per the notice. It will continue to be listed after the takeover.

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2020-06-23 09:29 | Report Abuse

This is a hostile takeover. Mandatory means like it or not, Hectar is buying in at 1.80 and instant 38% discount from mkt price.

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2020-06-23 09:20 | Report Abuse

Bursa should suspend this counter asap

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2020-06-23 09:17 | Report Abuse

What kind of Fçked up take over offer is this RM1.80 and it is unconditional mandatory"" too.???
Rubberex must owe ahlong Hectar money. Now claiming back.

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2020-04-13 09:48 | Report Abuse

Awaiting Saudi Aramco's announcement of Crude Oil Price for May

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2020-04-13 08:42 | Report Abuse

Kuwait’s oil minister said the effective reduction in oil supply by Opec+ and other G20 countries would be roughly 20 million bpd.

“If G20 adds about another 10 mln bpd, then the world is meeting the total imbalance from May and this would be a massive relief,” Rystad Energy said.

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2020-04-12 18:55 | Report Abuse

Toilet papers stockpile....LOL ya ya hehehe. Something like that. The long queue in Tesco slows down demand but people never stop buying them.

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2020-04-12 18:19 | Report Abuse

With crude oil prices through the floor these last few weeks, the Chinese economy has emerged from its slumber to buy it all up. “China is moving forward with plans to buy up oil for its emergency reserves after an epic price crash,” Bloomberg reported this week. “The world’s biggest importer is taking advantage of a 60 percent plunge this year to snatch up cheaper barrels for its stockpiles.

The country have been buying up so much crude oil in the last few weeks and the coming weeks that they won’t have enough state-owned storage to hold it all. According to interviews with industry insiders who asked Bloomberg to maintain their anonymity, Beijing has plans to use commercial storage space as well, while also reaching out to the private sector to encourage them to fill their own tanks with cheap gas as part of a nationwide contingency plan.

With such huge secret buying from China together with the proposed global cuts in production of 15-20mbl per day, will see the 30mbl short in demand easily reduced between 20- 25mbl. Hence closing the short in demand gap to about 5mbl. Something more sustainable for Saudi Aramco to announce crude oil price in May to be at more palatable level at US$35-40pbl. This is a GLOBAL corrobative effort which include Saudi, Russia, USA, OPEC+, APPO, G20 and other non-OPEC+ (basically the world).

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2020-04-12 17:49 | Report Abuse

BRIEF-Saudi Aramco Set To Decide On And Announce Pricing For May Crude Exports On Monday - Bloomberg News
Reuters Reuters•April 12, 2020

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2020-04-11 21:35 | Report Abuse

Th entire world wants to see WTi crude oil price stable at US$40-42pbl in order to breakeven otherwise economies will collapse one after another starting with their own currencies. You think it won't happen? Even the cartels wants to see a stable price at US$40-42pbl. First time in our lifetime we witness such global cooperation of such magnitude.

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2020-04-11 17:29 | Report Abuse

With so many US Oil companies closing down and Exxon cutting 30% spending, US will be cutting down abt 2mbl per day. This means Total Global oil production cut will be about 17mbl.

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2020-04-11 16:37 | Report Abuse

With China Prepares To Close ‘Oil Deal Of A Lifetime’ In Iraq, this should recover some of the demand after China reopens for busness. Very encouraging outlook for the oil industry.

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2020-04-11 16:32 | Report Abuse

G20+Saudi +Russia+ OPEC+ all agree to cut 15mbl in total. Thats covering 50% of the 30mbl loss in demand. This means WTI price should be up to US$30=35pbl. Great news for the world economies!

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2020-04-10 15:50 | Report Abuse

For now, OPEC+ has agreed to cut oil production by 10 million bpd in May and June, then slow cuts to 8 million bpd for the rest of 2020, and to 6 million bpd for all of 2021 and through April 30, 2022, according to a statement from OPEC.Saudi Arabia is hosting the G-20 meeting Friday to discuss getting the U.S. involved in a production cut, a Russian source told Reuters earlier this week. U.S. Energy Secretary Dan Brouillette suggested that the U.S. would join the G-20 meeting.Looking very good global stockmarkets recovery.

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2017-12-28 17:07 | Report Abuse

Too much manipulation. SC should investigate. Its not possible for a conglomerate of such magnitude to drop more than half of it share value overnight becoz of one poor last qtr result, with crude oil price up to almost US60pbl, and awarded so many contracts recently. Even if Mokhzani exits doesn't mean business stops.... unless somebody intentionally compressed its share price to stop Mokhzani from making any gains from his exit. SAPNRG C52-C57 all died, imagine the banks and underwriter goes down too.

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2017-06-19 10:05 | Report Abuse

Profits are profits. Cannot be disputed. Insts knew its actual valuation is no less than 6.20 so they press it down in order to get in at a lower price to capture at least 15% easy return plus dividend which they dun have to work to hard for it.

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2017-06-16 16:18 | Report Abuse

Insts eager to buy back for the dividend payout

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2017-06-14 14:53 | Report Abuse

It means lower costs for Topglov in Qtr2 but negated by the stronger Ringgit by 7%. Net effect on Topglov's bottomline is still very positive bcoz most deals signed are forward contracts at predetermined price. That we hv to wait till mid Aug to finalized Qtr2 results. Meantime Qtr1 is extremely promising.

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2017-06-14 12:39 | Report Abuse

1Qtr results looking very good. TP 6.50 achievable at the very least.

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2014-11-19 10:48 | Report Abuse

Correction typo error: 3rd Qtr result should be out by Friday evening. My apologies.

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2014-11-19 10:19 | Report Abuse

2nd Qtr result should be out by Friday evening 21/11 and OPEC meeting to reset crude oil prices begins on 27/11. Wa players .... Be aware.

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2014-11-18 15:48 | Report Abuse

Winmore and Hardrocker: you both pretty much grasp what I m getting at and no doubt, the current market value must be at reasonably attractive level to entice investor to take up the RI w BS 5-1 especially with 15% guaranteed profit plus 1 fully priced bonus share. But 68c is not attractive enough, hardrocker. And between 5dec to 31dec, TH have to climb up significantly higher before they MUST announce the price for the RI w BS 5-1. Unless TH decided to delay that proposal which is highly unlikely given the the contracts they have won.

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2014-11-18 14:12 | Report Abuse

Valuations from CIMB and HDBS are pretty much spot on - valued at abt RM1.28 back in Oct 2014. ... that is based on the number of shares issued at the time when the valuations were done. If one work the formula calculations backwards using today's financials, certain amount of shares issued must be capped in order to maintain a valuation of 80sen ps (which we all knew somebody bgt in 10% shldgs recently at 80sens). So if more shares are issue as a result of the exercise of wa, (before the proposed R! w BS 5 to 1 takes place) will no doubt devalue the actual book value much lower than 80sens. That means Mr 10% is going to be very very upset. So in order to stop new shs being issued at this point, The only way is to discourage wa holders not to exercise them, is to have TH traded lower than its exercise price at 51sens at least until 5dec when will be suspended. Its a clever corporate manoeuvre to save cost and to look good when they actually announce the prices for the proposed RI w BS 5 to 1. See nothing is really that free after all...LOL. ... just pricing it differently thats all.

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2014-11-18 10:04 | Report Abuse

Looks like someone in TH doesn't want the current warrant holders to exercise the warrants at expiry, otherwise the number of shares in the market will rise prematurely, which in turn dilute the future EPS, considering they have already Proposed Rights Issue with Bonus Issue 5 to 1 recently. The more investors exercise the warrants, the more costly it will be for TH to bear. So, depressing the cmv below its exercise price will hopefully deter the issuance of more new shares at this moment. And as soon as the th-wa is suspended on the 5Dec, do expect cmv to rise rapidly to level that are so attractive and enticing for the new proposed RI with BS 5 to 1 to take place. Notice there are no price and time set for the new proposed RI w BS 5 to 1.

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2014-10-15 12:46 | Report Abuse

The entitlement basis and issue price for the rights issue have yet to be determined and ppl have been speculating on their own calculation. Absolutely ridiculous

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2014-10-15 12:36 | Report Abuse

Just an over the top Over-reaction. Corporate play. Time to accumulate again.

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2014-07-23 16:57 | Report Abuse

Everybody has their own reasons for buying and holding on suma. I respect that. And who doesn't know Suma is debt free especially the media has been talking abt it since a few months back. Have anyone seen Suma's B/s? Good luck. Pray that all those who bought are right.

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2014-07-23 16:13 | Report Abuse

Hey guys. just want u all to becareful. just don't want the rich become richer while ordinary investors like us get poorer thats all.

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2014-07-23 16:06 | Report Abuse

EPF and most funds cannot invest in PN17 companies. Don't be fooled.

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2014-07-23 16:02 | Report Abuse

Sumatec overated. Becareful. Logic suggest its trading 3x its PUc of 14sens is significantly overstated considering a PN17 company which still have loads of accumulated losses and debts to make up.

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2014-07-21 09:31 | Report Abuse

Looks like somebody already seen the 2QTR results before it comes out in Aug 20th.

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2014-07-21 09:25 | Report Abuse

Fly me to the moon and let me play amongst the star. What a B E A utiful monday ....hehehe

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2014-07-10 12:20 | Report Abuse

you think QLC buys TH to lose money?

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2014-06-09 11:18 | Report Abuse

Its about to rebound above 40sens

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2014-02-27 12:48 | Report Abuse

Qtrly report out - Revenue up 18%, Profit up 33%, EPS =1.23

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2014-02-25 11:12 | Report Abuse

Expecting Qtrly report out tonight / tomorrow. The figures are expected to look promising.

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2014-02-25 11:04 | Report Abuse

If you know you have "invested" in a good stock with good fundamentals and lots of income producing projects, you need not have to worry about fluctuations like today. Shit like this happens all the time. Don't be emotional when you are investing ..... unless you are gambling LOL.

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2013-08-20 14:17 | Report Abuse

QTrly report must be submitted to Bursa within 2 months unless an extension is applied.