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CAHYA MATA SARAWAK BERHAD

Date of change 07 Aug 2021
Name DATO ISAAC LUGUN
Age 64
Gender Male
Nationality Malaysia
Designation Non Executive Director
Directorate Non Independent and Non Executive
Type of change Retirement


CAHYA MATA SARAWAK BERHAD

Date of change 08 Jul 2021
Name DATO ISAAC LUGUN
Age 64
Gender Male
Nationality Malaysia
Designation Non Executive Director
Directorate Non Independent and Non Executive
Type of change Others
Description Retired as Group Managing Director and redesignated as Non-Independent Non-Executive Director with effect from 8 July 2021.
Qualifications

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We refer to the Company's announcements on 5 May 2021, 3 June 2021, 8 June 2021 and 2 August 2021 on the suspension of Mr Syed Hizam Alsagoff, the Group Chief Financial Officer of the Company and appointment of KPMG Management & Risk Consulting Sdn Bhd ("KPMG MRC") as the independent consultant to review the financial management of certain investment and contracts. Whilst KPMG MRC has completed its reports, the legal investigations of the said investments and contracts are still ongoing. The Company expects the complete results of the review to be announced by the end of October 2021.



Noting that the contract of Mr Syed Hizam Alsagoff as the Group Chief Financial Officer of the Company ends tomorrow (31 August 2021), the Board has today decided for the Company's General Manager, Group Finance, Madam Tan Mei Fung to continue as Head of Finance pending the recruitment of a new Group Chief Financial Officer.

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SPM guys also understand the Bursa announcements news... You don't understand ah? Boy boy.

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If you are handsome enough, people might get closer to measure and counting. If your look is so so...i don't know what would they do. Hahaha

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OM Materials Sarawak contributed almost of the entire PBT in OMH's Smelting segment starts at 1:32:20

OMH interview... Information about OM Materials Sarawak starts at 25.4

https://youtu.be/jR23hdYt-ao

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OMH'smelting segment consists of 16 units furnaces in OM Sarawak and 2 units smaller furnaces in China.

OMH's Smelting segment has reported PBT A$40.5 million for the period 6 months to 30 June 2021. The average transacted price of Fesi for 1H 2021 recorded an increased of approximately 11% or AS$ 1,780 ( US$ 1,342) whereas current price of Fesi 4k per tonne.

OMH interview... Information about OM Materials Sarawak starts at 25.4

https://youtu.be/jR23hdYt-ao

他們最喜歡聽甜言蜜語...實在太爽和太過癮了! 被欺騙也是沒什麼關係啊,或者也沒有感覺被欺騙. 反而還心甘情願和開開心心幫忙人家數鈔票呢.

最近我注意到一個新的詞彙 "中華膠". 聽起來野蠻特別但是有點怪怪的.

Momentum is back?

It may take few years to clean up the mess and possible rebirth after undertaking capital reduction.

Finally, Serbadk is within the expectation.

16.02 ​Suspension of trading imposed by the Exchange
​ ​
​(1) The Exchange may at any time suspend the trading of listed securities in any of the following circumstances:
​
​(c) where, in the opinion of the Exchange, it is necessary or expedient in the interest of maintaining an orderly and fair market in securities traded on the Exchange;



Kindly be advised that trading in the Company's securities will be suspended with effect from 2.30 p.m., Friday, 22 October 2021 until further notice. The suspension is effected pursuant to paragraph 16.02(1)(c) of the Main Market Listing Requirements in the interest of maintaining an orderly and fair market in the trading of SERBADK’s securities.

Tips oh.. I heard about this popular 'tip si' since 30 years ago.

Price up and down is nothing new in short term. What important is a long as the price remains trending north.

Washing & churning volume...or distribution?

Kataku kau langsung tak dengar
Namun kau asyik membidas
Keliru, kat mana kau terhina?
Seluruh dunia jadi musuh mu

說的話 你從來都不想聽
卻又滔滔不絕出征反擊
不明白 到底辱了你哪裡
總覺得世界與你為敵

OM Holding's Smelting segment has reported PBT A$40.5 million for the period 6 months to 30 June 2021. The average transacted price of Fesi for 1H 2021 recorded an increased of approximately 11% or AS$ 1,780 ( US$ 1,342) whereas current price of Fesi 4k per tonne.

OM Holdings Ltd (OMH) said the recent unprecedented increase in international prices for ferrosilicon (FeSi) was due in part to government policies in China in relation to the ongoing power shortage there.

It said the power rationing being imposed on energy-intensive industries there has limited ferroalloy production and caused Chinese ferroalloy futures to surge to historical highs.

https://www.thestar.com.my/business/business-news/2021/10/04/ferrosilicon-price-hike-partly-due-to-china-policy-freight-rates

What's ferrosilicon

https://youtu.be/iQxTv8fMC48

我終於發現了一個秘密. 我能靠股票賺錢生活並不是我厲害,聰明和反應快. 自己的寫作能力比人家差, 科學不理想, 算數也好不到哪裡去... 這樣子也能靠股市生活也有點可笑. 我今天才發現原來在股市中玻璃心的人多所以我才能混得下去. 感恩!

黃明志新歌「玻璃心」

https://youtu.be/-Rp7UPbhErE

Charlie. I am merely an armchair analyst sharing my knowledge. Let's know if there is any adhoc incident in Sarawak affecting CMSB.

OMMS is involved in Smelting business and it is the biggest contributor to OMH. OMH has 2 operations in smelting business, OMMS and the other one in China. OMMS business is much more bigger size than the China smelting segment.

The operation results of OMH can be downloaded at http://www.omholdingsltd.com/investor-relations/asx-announcement/asx-announcements/

OM Materials Sarawak (OMMS) is the 75% subsidiary of OMH and remained 25% owned by CMSB.

OMH announces half yearly operation results only. CMSB should have the quarterly financial figures from OMMS for consolidation its quarterly report.

Mind your words and karma super smart people for simply talking of nonsense. Hahaha

Free lunch in Bursa is not available most of time for an armchair analyst ...work...Hahaha

Ok. I get back to work harder with my research again. Hahaha

Don't use the microscope to see your negative views or fear while all these negative views or fear don't support with facts or reasonable...other than our own projection results from using a super duper microscope...Super smart people would say treasurehunt is hard selling again. Hahaha

I would respect the super smart people if he tell about the negative news or facts for example... CMSB'phosphate factory in deep shit after you have found out something your self personally with justification.

Finally, a slight positive word comes out from the super smart people. Imagine your platform of attacking is full of what? ... Treasurehunt is hard selling, treasurehunt con, treasurehunt bring you to Holland, treasurehunt.... All negative words without a real justification other than awaiting KPMG report.

Super smart people’s potential emotions response to CMSB share prices:

1. Price rebounded from RM 1.05 to 1.4 ( this is a dead cat bounce )
2. Price dropped from RM 1.4 to 1.2 ( I told you so )
3. Price up from RM 1.2 to 1.4 (this is a double top formation & treasurehunt is hard selling)
4. Price up from RM 1.4 to 1.5 ( KPMG report will be ugly so I wait & treasurehunt bring you to Holland )
5. Price up from RM 1.5 to 1.7 ( KPMG report out and I can’t believe it )
6. Price up from RM 1.7 to 2.0 ( this is frustrating)
7. Price up from RM 2.0 to 2.5 (everyone’s going to lose their shirts)
8….
9….
10…