魏

Sell C12 if KLCI below 1648...

KUALA LUMPUR, (Sept 14): Felda Global Ventures Holdings Bhd (FGV) ( Valuation: 2.00, Fundamental: 1.15) has been issued an unusual market activity (UMA) query by Bursa Malaysia Securities Bhd ( Valuation: 2.10, Fundamental: 2.30), after the sudden sharp rise in its share price today.

FGV's counter rose as high as 30% to trade at RM1.65 today. The stock has been on a slide since early this year, plunging to its historical low of RM1.19 on Aug 26.

FGV saw a stellar listing debut when its shares rose 19% premium to RM5.39, over its retail offering price of RM4.55. It closed at RM5.30 on the first day of listing on June 28, 2012.

Meanwhile, in the UMA query today, Bursa had requested FGV to disclose any corporate development, rumour or report concerning the business and affairs of the group, and any other possible reasons for the share price rally.

The stock closed 37 sen or 29.13% higher at RM1.64 today, for a market capitalisation of RM4.6 billion.

Friends, if u have profits, hope u can realize tomorrow coz uncertainty factors may block c12 price. Good luck.

Thanks Najib 20b. I keluar 800,000 units already. Everybody good luck.

http://www.theedgemarkets.com/en/article/malaysias-najib-delivers-rm20b-boost-stock-market

Malaysia's Najib delivers RM20 billion boost for stock market
ReutersReuters – 19 minutes ago

Malaysia's Prime Minister Najib Razak speaks at the World Capital Market Symposium in Kuala Lumpur, Malaysia, September 3, 2015. REUTERS/Olivia Harris
View Photo
Reuters - Malaysia's Prime Minister Najib Razak speaks at the World Capital Market Symposium in Kuala Lumpur, Malaysia, September 3, 2015. REUTERS/Olivia Harris
KUALA LUMPUR (Reuters) - Malaysian Prime Minister Najib Razak said on Monday a government equity investment firm would be given 20 billion ringgit ($4.6 billion) to shore up the country's stock market, and announced other measures to support its slowing economy.
Najib told a newsconference the equity investment firm, ValueCap, will invest in undervalued Malaysian companies.
He also announced that the factory sector would be exempted from import dutires until the economy recovers, but did not specify which sectors would be affected.
The ringgit currency has lost almost 19 percent of it value against the dollar so far this year, and Malaysia's stock market has retreated 8.95 percent this year.
(Reporting by Trinna Leong and Yantoultra Ngui; writing by Praveen Menon; Editing by Simon Cameron-Moore)

Thomas, FOMC meeting result will announce on M'sia time Fri 2am...

HA HA HA , SONG!

They rescue themselves...

KUALA LUMPUR: Prime Minister Datuk Seri Najib Tun Razak is expected to announcemeasures to strengthen the economy today as falling commodity prices weigh on growth and the ringgit plumbs near 18-year lows.

Najib is expected to announce the new measures after a weekly meeting of the economic council, officials at the Prime Minister's office said on Saturday, without giving details.

Last month, he set up a special economic committee to propose immediate and medium-term measures to strengthen the economy and to restore investor confidence.

Malaysia has been gripped by political tensions which escalated in early July after a report that investigators looking into debt-laden state investment fund 1MDB had found that close to US$700mil had been deposited in an account held by Najib.

Najib, who also chairs 1MDB, has denied any wrongdoing, but the scandal has not died and has weighed on the economy.

Both Najib and Malaysia's central bank governor Tan Sri Dr Zeti Akhtar Aziz have pledged not to impose capital controls.

The Prime Minister has maintained that Malaysia's current economic situation was stronger than during the 1997-98 Asian financial crisis.

Massive outflows of capital during that crisis forced Malaysia to peg the ringgit at 3.8 to the dollar, which was retained till 2005.

Fitch Ratings said last week that Malaysia's deteriorating currency position - reflected in the ringgit's sharp depreciation, falling foreign exchange reserves and shrinking current account surplus – could force it restore a negative outlook on the country's credit rating. – Reuters

Shark support at 0.145 coz that's their cost price. As long as KLCI above 0.145. C12 safe lah...

TVZ32

恒生指數 21,504.37 58.13 國企指數 9,718.28 61.88 上證指數 3,200.23 2.34
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今日 15:34 國際財經
大馬總理周一將公布振興經濟措施

放大圖片
在商品價格對馬來西亞經濟構成壓力及馬幣跌至近18年新低之際，路透引述馬來西亞總理辦公室官員報道，預料總理納吉布(Najib Razak)於當地時間周一早上11時半，在每周經濟委員會會議後，將頒布振興經濟措施。

納古布於上月成立經濟特別委員會，以建議即時及中期振興經濟和恢復投資者信心的措施。

同時，他仍堅稱，大馬目前的經濟強度，仍優於1997至1998年亞洲金融危機期間。

Don't worry. Last Fri drop lead by banking sector coz waiting for BNM rate decision. Today just watch banking sector performance especially Maybank n PBB. If rebound then KLCI is safe.
And, waiting for Najib after 1130am news...

恒生指數 21,504.37 58.13 國企指數 9,718.28 61.88 上證指數 3,200.23 2.34
« 返回前頁


今日 15:34 國際財經
大馬總理周一將公布振興經濟措施

放大圖片
在商品價格對馬來西亞經濟構成壓力及馬幣跌至近18年新低之際，路透引述馬來西亞總理辦公室官員報道，預料總理納吉布(Najib Razak)於當地時間周一早上11時半，在每周經濟委員會會議後，將頒布振興經濟措施。

納古布於上月成立經濟特別委員會，以建議即時及中期振興經濟和恢復投資者信心的措施。

同時，他仍堅稱，大馬目前的經濟強度，仍優於1997至1998年亞洲金融危機期間。

That call in year 2008... Then, what happen?
So, now they call 20??????

Read this

http://www.marketwatch.com/story/goldman-sachs-raises-possibility-of-200-a-barrel-oil

Let me show more transaction details in lots...

Price 0.130, done on 7/9, 29,203 lots
0.135, 7/9, 77,672
0.140, 4/9, 652; 7/9, 82,682
0.145, 4/9, 50,826; 7/9, 105,031
0.150, 4/9, 32,022; 7/9, 42,486; 11/9, 52,034
0.155, 4/9, 29,680; 7/9, 28,981; 11/9, 34,903
0.160, 4/9, 27,932; 7/9, 36,839; 11/9, 33,117

Average price since 4/9 is
4/9, 0.1538
7/9, 0.1726
8/9, 0.1961
9/9, 0.2122
10/9, 0.1774
11/9, 0.1602

Judge yourself, good luck n hope this info can help u :)

DJ up 103 points. Friend, remember to collect 0.150 and below on Monday if have chance. But, it may not happen, coz Fri they pull up to 0.155 during close bell time...

Just buy if price 0.150 and below if KLCI above 1600

Let's see average price and volume since 4/9/15

4/9: 0.1538, Volume: 336,426
7/9: 0.1726, 1,447,399
8/9: 0.1961, 1,552,714
9/9: 0.2122, 1.237,441
10/9: 0.1774, 722,519
11/9: 0.1602, 222,660

So, what you think shark's cost?

Volume decide price trend...

Insas owns Inari 27.26%, which worth more than 600 million. But, Insas market cap only 454 million......

KUALA LUMPUR (Aug 17): Diversified group Insas Bhd ( Financial Dashboard)’s net profit for the fourth quarter ended June 30, 2015 (4QFY15) rose 13.9% to RM33.48 million or 5.07 sen, from RM29.4 million or 4.42 sen a year ago, mainly due to higher revenue.

Its latest quarterly revenue jumped 62.6% to RM93.29 million, from RM57.39 million a year ago, primarily due to higher revenue in its investment holding and trading division, according to its filing to Bursa Malaysia today.

Insas noted however that the division’s pre-tax profit came in lower, due to lower gain on fair value changes of financial assets.

Investment holdings and trading division generates the biggest portion of revenue among Insas’s five businesses, contributing 76.7% of the group’s total sales.

Cumulatively, the group posted a net profit of RM92.16 million for FY15, down 42.5% from RM160.40 million in FY14; even as revenue rose 49.3% to RM412.76 million, from RM276.52 million.

Earnings per share in FY15 came in at 13.89 sen, compared with 24.10 sen in FY14, as earnings was impacted by lower profit by its stock-broking, structured finance and investment units.

Insas’ board of directors, led by businessman Datuk Seri Thong Kok Khee, opined that moving forward, the performance of its stock broking, structured finance and investment units will be challenging, in view of the current market condition.

“(Meanwhile), the board expects the IT unit and Inari Amertron Berhad ( Financial Dashboard) Group to continue their positive contribution to the group’s results in the current financial year (FY16),” Insas said.

Insas (fundamental: 2.3; valuation: 1.8) slid 4.5 sen or 6.57% to close at 64 sen today, for a market capitalisation of RM454.16 million.

Inari (fundamental: 3.0; valuation: 2.1), in which Insas owns 27.26% as at May 25, 2015, and provides back-end semiconductor packaging services, fell 13 sen or 4.26% to RM2.92 as of market close today. It had a market capitalisation of RM2.23 billion.

(Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)

Remarks :
In accordance with the Articles of Association of Insas Berhad, the RPS shall entitle the RPS shareholders to receive a cumulative preferential dividend of 4.0 sen per annum payable semi-annually in arrears. The first preferential dividend is pro-rated for the period from 26 February 2015 (date of issue) to 29 June 2015.

KUALA LUMPUR (Oct 23): Inari Amertron Bhd's share price rebounded as much as 5.2% today, after a sharp plunge in the past three weeks.

At 4pm, the manufacturer of smartphone component’s share price increased 12 sen or 4.4%, with some 5.6 million shares having changed hands.

Inari is in the midst of making a cash call. The company has fixed its rights issue, which comes with free detacahable warrants, at RM1.50 per share. And the warrants’ exercise price is at RM2.

In a note today, RHB Research said the proceeds raised from the rights issue could help to expand its core businesses to propel earnings growth in the medium term.

The research house maintained a ‘buy’ call for the stock, with an unchanged target price of RM3.82 or RM3.10 post rights issue.

“The pricing of both its rights issue, as well as warrants, were in line with management’s previous guidance,” said RHB IB research analyst Kong Heng Siong.

He said upon completion of the rights issue and assuming full conversion of the new warrants, Inari’s share capital would expand to 797.7 million.

Meanwhile, Hong Leong Investment Bank Research’s analyst Tan J Young pointed out that Inari has rebounded in line with other local tech stocks, following the earlier selldown, on concern of a weak fourth quarter outlook.

“We don’t think the selldown was justified. We continue to place an overweight call on the semiconductor sector,” he commented over the phone.

Tan, however, noted that Inari was fundamentally ‘very strong’, adding that the firm had received orders beyond its production capacity. “Insufficient capacity is a good problem to have,” he quipped.

According to Tan, the sell down on Inari shares was due to a weak forward guidance by a US tech company — Microchip Technology Inc — which forecast lower sales on weak demand from China.

The stock had gained 74%, climbing from RM1.60 in January.

Inari Amerton Bhd has priced its proposed 1-for-8 rights issue at RM1.50 per share, which represents a discount of 35.62% from the theoretical ex-rights price of RM2.33.

Meanwhile, it has also fixed the exercise price of the free warrants at RM2. The free warrants will be allocated on the basis of one warrant for every rights shares subscribed.

Of the estimated proceeds of RM133.2 million from the rights issue, Inari will allocate RM40 million for the expansion of production capacity; RM40 million for the purchase of new equipment and machineries; and RM30.5 million for working capital purposes.

The remaining proceeds of RM22.7 million will be used for defraying bank borrowings and expenses of the rights and free warrants issue.

Shares of Inari closed 1 sen higher at RM2.71. It has a market capitalisation of RM1.64 billion.

Asian share markets were mixed on Tuesday following the previous day's rally and a raft of key data from China.

China's economy grew at a faster-than-expected pace in the third quarter, with gross domestic product (GDP) rising to 7.3 percent on year, above forecasts for 7.2 percent, but slower than the previous quarter's 7.5 percent rise. Other data showed September industrial output increasing 8 percent on year, beating estimates but retail sales and fixed-asset investment missed expectations.

"The third quarter always provides some fireworks as it is the last read before the end of the year, giving the central government and the PBOC its final chance to work out if yearly targets will be met," said Evan Lucas, market strategist at IG in a morning note.

"While disappointing data may spark another round of growth concerns and trigger risk aversion, it may also raise bets that more targeted measures will be implemented to reach the official growth target of 7.5 percent," said Vishnu Varathan, senior economist at Mizuho Bank

Beautiful V shape...

Nikkei drop because yesterday closed. See AORD and KS11 both up...

Malaysian Resources Corporation Berhad (“MRCB” or “the Company”) is pleased to announce that it had today accepted the Letter of Acceptance of Tender from Johor Land Berhad for the construction of a 30-storey JLand Tower at Komtar JBCC, Jalan Wong Ah Fook, Johor Bahru, Johor at a tender sum of RM197,366,000.
The construction period for the works is 24 months and to be completed by November 2016.
The project is expected to contribute positively to the future earnings of MRCB Group.
None of the Directors, substantial shareholders and/or persons connected with any Director or a substantial shareholder of the Company, have any interest, direct or indirect, in the project.

Company Name MALAYSIAN RESOURCES CORPORATION BERHAD
Stock Name MRCB
Date Announced 13 Oct 2014
Category General Announcement
Reference No MR-141013-66846

Good! Hope the news come out soon...

What good news?

4468, can tambah PASDEC now?

Crazy volume, now KLSE totol vol 6.25b

Now red...

Sure?

Oh! Thanks a lot!

KAQ4468, why you block 0.840 again? Should I sell now?

If one day show only...you know many will :(

Many people who bought CA may not know conversion ratio is 4 for 1. They may thought 1 for 1 coz in trading system platform not update. In our General Info, you can see premium only 1.56%.

Be careful for those play CA. This case similar as Dsonic-CA...

Inari Amertron Bhd - Candylicious - Right Issue with Warrants

Author: kltrader | Publish date: Mon, 7 Jul 10:03




Highlights

Proposed renounceable right issue of up to 88.8m new shares together with up to 88.8m free detachable warrants

Every 8 ordinary Inari shares are entitled with 1 right share at an indicative price of RM1.50 sweetened with 1 warrant for every 1 rights share subscribed.

The 5-year American-style warrant’s indicative exercise price is RM2.00 on the basis of 1 for 1 new Inari share.

Majority of the Right issue proceeds will be allocated for CAPEX to expand production capacity (plant extension, acquisition of land, factories, equipment and machineries) with a budget of RM60-80m, followed by repayment of bank borrowings amounted to RM20m and the remaining of RM18-31m as working capital.

However, the exact details/breakdown of the utilization of Warrant proceeds have not been determined but shall also be in the nature of CAPEX, investment opportunities and/or working capital.

Justifications of this corporate exercise include interest / financing costs savings, strengthening financial position and improve equity participation.

This proposal is expected to be completed in 4QCY14.

Comments

Apart from the fund raising methodology, we are not surprise that Inari is embarking on an aggressive expansion plan as this was highlighted in previous report titled “Expect ISK Maiden Contribution by 4QFY14” dated 19 May 2014.

RF’s new plant 5 is already running at near full capacity or utilization rate of 85% although it was recently expended. Inari was already evaluating several alternatives for the next phase of expansion, including using plant 5’s rooftop, acquiring new land beyond Penang Island in BAtu Kwan or procuring a ready factory.

This sends a strong signal that Inari’s RF business continues to enjoy exponential growth underpinned by insatiable global mobile data demand.

Forecasts

Imputed a more aggressive capacity expansion plan for RF segment in FY15. As a result, FY15-16 core net profits were raised by 8.7% and 7.6%, respectively while FY14 was unchanged.

Catalysts
• Wireless communications / mobility / IoT (M2M) / LTE.
• Business diversifications into optoelectronics and T&M.
• Favorable FOREX.
• Continuous effective operational strategy.

Risks
• Single major client risk (Avago) / high dependency.
• FOREX risks.
• Patent disputes.
• Resources / labour shortage.

Rating

BUY, TP: RM3.41

Positives - Synergy from acquisition, 40% dividend payout providing reasonable yield.

Negatives – innovation stalemate in telecommunication.

Valuation

Reiterate BUY after raising TP by 10.4% from RM3.09 to RM3.41 chiefly to reflect the upward earnings revision. Fair value is pegged to unchanged 15.1x CY15 P/E.

Source: Hong Leong Investment Bank Research - 7 Jul 2014

Inari Amertron has proposed a 1-for-8 rights issue at an indicative price of MYR1.50. The rights shares will come with free warrants at a 1:1 ratio at a MYR2.00 exercise price. We advise investors to subscribe for the rights shares as we believe the proceeds raised (estimated at >MYR100m) will likely be used to expand its core businesses to propel earnings growth in the long run. Hence, we maintain BUY, with our FV still at MYR3.49 (or MYR3.16 ex-rights).
• Salient details. The rights price of MYR1.50 represents a discount of 49.1% to its theoretical ex-rights price of MYR2.95, based on its last closing. At its existing share base of 534.8m shares, we estimate that the rights issuance could raise MYR100.3m.
• Utilisation of proceeds. Management highlighted that some MYR60mof the proceeds raised will be used to expand its existing businesses, which would involve setting up new plants as well as procuring new equipment. This, in our view, would most likely cater for future growth opportunities within its radio frequency integrated circuits segment, as we have highlighted previously that existing capacity is almost fully occupied at an average utilisation rate of over 85%.
• In-the-money warrants. The indicative exercise price of the warrants at MYR2.00 implies a discount of 32.2% over Inari Amertron’s theoretical ex-rights price of MYR2.95. This, in our view, would entice investors to subscribe for the rights as the warrants will be issued deep in the money.On a side note, its major shareholder Insas (INS MK, NR) has agreed to subscribe for its entitlements of the rights shares in full via Insas Technology and Insas Plaza SB.
• Maintain BUY. We believe the cash call would help to expand Inari Amertron’s core businesses to propel earnings growth going forward, and advise investors to subscribe for the rights shares. Maintain BUY, with our fully-diluted FV unchanged at MYR3.49 (16x CY15F P/E). Upon completion of the proposed rights issue, our ex-rights FV would be adjusted to MYR3.16. While this may appear to offer limited upside fornow, we will revisit our model upon management’s confirmation of the potential earnings accretion from its new expansion opportunities ahead.



















Source: RHB

Changes in Sub. S-hldr's Int. (29B)
SCGM BHD

Particulars of substantial Securities Holder
Name DATO' SRI LEE HOCK SENG
Address MLO 5278, Kelapa Sawit
Kulai 81030 Johor.
NRIC/Passport No/Company No. 501002-71-5129
Nationality/Country of incorporation Malaysian
Descriptions (Class & nominal value) Ordinary shares of RM0.50 each
Name & address of registered holder LEE HOCK SENG
MLO 5278, Kelapa Sawit
Kulai 81030 Johor.
Details of changesCurrency: Malaysian Ringgit (MYR)
Type of transaction Date of change
No of securities
Price Transacted (RM)
Acquired 21/05/2014
40,000
1.681

Circumstances by reason of which change has occurred Acquisition of shares via open market
Nature of interest Direct
Direct (units) 8,393,141
Direct (%) 10.49
Indirect/deemed interest (units) 21,500,000
Indirect/deemed interest (%) 26.87
Total no of securities after change 29,893,141
Date of notice 22/05/2014

Aiya, sorry! Paste wrongly.

Changes in Sub. S-hldr's Int. (29B)
SCGM BHD

Particulars of substantial Securities Holder
Name DATO' SRI LEE HOCK SENG
Address MLO 5278, Kelapa Sawit
Kulai 81030 Johor.
NRIC/Passport No/Company No. 501002-71-5129
Nationality/Country of incorporation Malaysian
Descriptions (Class & nominal value) Ordinary shares of RM0.50 each
Name & address of registered holder LEE HOCK SENG
MLO 5278, Kelapa Sawit
Kulai 81030 Johor.
Details of changesCurrency: Malaysian Ringgit (MYR)
Type of transaction Date of change
No of securities
Price Transacted (RM)
Acquired 21/05/2014
40,000
1.681

Circumstances by reason of which change has occurred Acquisition of shares via open market
Nature of interest Direct
Direct (units) 8,393,141
Direct (%) 10.49
Indirect/deemed interest (units) 21,500,000
Indirect/deemed interest (%) 26.87
Total no of securities after change 29,893,141
Date of notice 22/05/2014

Sebab free warrent entitlement date not yet announce mah!

Wow! Amao, 6 cents only you can plan lavish trips for celebration. How many thousand lot you bought oh?

Ex 25/6, pay on 11/7.