Posted by Good123 > 2023-06-07 12:02 | Report Abuse

The Dow rose 10.42 points, or 0.03%, to 33,573.28, the S&P 500 gained 10.06 points, or 0.24%, to 4,283.85 and the Nasdaq added 46.99 points, or 0.36%, to 13,276.42. — Reuters

BENGALURU: US stocks closed up on Tuesday, helped by some advances in economically sensitive sectors, as investors awaited inflation data and the Federal Reserve's policy meet next week.

Inflation data is expected to show consumer prices cooled slightly on a month-over-month basis in May but core prices are likely to have remained elevated, and the Fed is widely expected to hold interest rates.

Major indexes wavered as investors took a breather after pushing the S&P 500 up almost 20% from its October 2022 lows, boosted by gains in megacap stocks, a stronger-than-expected earnings season and hopes that the US central bank is nearing the end of its interest rate-hike cycle.

The Dow Jones Industrial Average rose 10.42 points, or 0.03%, to 33,573.28, the S&P 500 gained 10.06 points, or 0.24%, to 4,283.85 and the Nasdaq Composite added 46.99 points, or 0.36%, to 13,276.42.

"It looks like investors are gaining a little optimism," said Cresset Capital CIO Jack Ablin.

"The narrowness in the market where everyone was focused on the top seven names or so is starting to dissipate a little bit and that's good news."

Financials rose 1.33% to lead gains among the 11 major S&P 500 sectors, while the KBW regional banking index jumped 5.41%. The Russell 2000 index of small-cap companies added 2.69%.

Recent economic data and dovish remarks from Fed officials have raised the odds of the Fed holding interest rates at its June 13-14 meeting.

Fed fund futures indicate traders have priced in a near 80% chance that the central bank will hold interest rates in the 5%-5.25% range, according to CMEGroup's Fedwatch tool. However, they see 50% odds of another 25-basis-point rate hike in July.

Coinbase Global plunged 12.09% after the US Securities and Exchange Commission sued the crypto exchange, accusing it of illegally operating without having first registered with the regulator.

Apple Inc extended losses to slip 0.21%, a day after the iPhone maker unveiled a costly augmented-reality headset called the Vision Pro, barging into a market dominated by Meta.

Advanced Micro Devices rose 5.34% after Piper Sandler raised the price target on the stock to $150, the second highest on Wall Street, as per Refinitiv data.

Advancing issues outnumbered declining ones on the NYSE by a 3.47-to-1 ratio; on Nasdaq, a 2.59-to-1 ratio favored advancers.

The S&P 500 posted 17 new 52-week highs and 5 new lows; the Nasdaq Composite recorded 98 new highs and 69 new lows. — Reuters

Posted by Good123 > 2023-06-07 15:41 | Report Abuse

China dah Mula recover

Chinese equities had a strong day as markets cheered the approval of a deal to raise the U.S. debt ceiling and avert a default. The Hang Seng had its best day in three months while Japan’s Nikkei 225 index hit fresh 33-year highs.

Posted by Good123 > 2023-06-23 11:40 | Report Abuse

Back to 35sen+ pun tak mustahil, tengok langkah licik haji dulu :)

Posted by Good123 > 2023-07-17 10:07 | Report Abuse

Back to 15-20sen soon :)

Posted by Good123 > 2023-07-18 09:01 | Report Abuse

8sen, awal pagi... nta juga 8sen, undervalued... picorp dah ada Biz kat Saudi & Indonesia >10 tahun. Goodwill, intangible assets memang berharga

Posted by Good123 > 2023-07-18 09:05 | Report Abuse

Here are some of the public sector clients of Progressive Impact Corporation Berhad (PICORP):

Ministry of Environment and Water (MEWR)
Department of Environment (DOE)
Water Corporation of Malaysia (Prasarana)
Tenaga Nasional Berhad (TNB)
PETRONAS
Sime Darby Plantation
Kuala Lumpur City Hall (DBKL)
Johor State Government
Selangor State Government
Penang State Government
These are just a few examples of the many public sector clients that PICORP serves. The company has a long history of providing environmental services to the government, and it is well-respected for its expertise and professionalism.

Here are some of the services that PICORP provides to public sector clients:

Environmental monitoring
Environmental data management
Analytical testing
Wastewater treatment
Environmental consultancy
Environmental compliance
PICORP is committed to providing its public sector clients with the highest quality environmental services. The company is constantly innovating and developing new ways to help its clients meet their environmental goals.

Posted by Good123 > 2023-07-18 09:14 | Report Abuse

Ernst & Young has been the auditor of Progressive Impact Holdings Berhad since at least 2011. This is based on the company's annual report for the year ended December 31, 2011, which states that "The auditors, Ernst & Young, have expressed their willingness to continue as auditors of the company.

Posted by Good123 > 2023-07-21 14:10 | Report Abuse

Ada yg mau enjin laju, baru all in :)

Posted by Good123 > 2023-07-21 14:11 | Report Abuse

Market Cap rm50mil+ , takeover jika ada rm100mil, murah juga hahaha

Posted by Good123 > 2023-07-26 19:27 | Report Abuse

Progressive Impact Corporation Berhad (PICORP) is a Malaysian environmental solutions provider that has been operating since 1984. The company has a strong track record of growth and innovation, and is well-positioned for continued success in the years to come.

Here are some of the potential growth drivers for PICORP in 2023 and beyond:

Growing demand for environmental solutions. The global environmental market is expected to grow at a CAGR of 7.2% from 2021 to 2028. This growth is being driven by a number of factors, including increasing awareness of environmental issues, government regulations, and technological advancements.
Expansion into new markets. PICORP has already established a strong presence in Malaysia, and is now looking to expand into new markets in Southeast Asia and beyond. The company has a number of strategic partnerships in place that will help it to achieve this goal.
New product development. PICORP is constantly investing in research and development, and is developing new products and services that meet the needs of its customers. This focus on innovation will help the company to stay ahead of the competition and maintain its market share.
Overall, PICORP is well-positioned for continued growth in 2023 and beyond. The company has a strong track record, a focus on innovation, and a growing market. If the company can continue to execute on its plans, it is likely to achieve its growth goals.

Here are some specific examples of how PICORP is expanding its business and developing new products:

The company has recently opened a new office in Indonesia, which will help it to expand its reach into that market.
PICORP is also developing a new line of water treatment products that will help it to address the growing demand for water purification solutions.
The company is also working on a new pest control product that will be more effective and environmentally friendly than existing products.
These are just a few examples of the ways that PICORP is positioning itself for growth in the years to come. If the company can continue to execute on its plans, it is likely to achieve its growth goals.

Posted by Good123 > 2023-07-27 08:20 | Report Abuse

INVESTKL berjaya menarik masuk RM2.48 bilion pelaburan komited pada separuh pertama 2023 yang membawa kepada penciptaan lebih 6,800 peluang pekerjaan eksekutif untuk rakyat Malaysia.

Pelaburan itu diperoleh di tengah-tengah cabaran global semasa, sekali gus menunjukkan bahawa cadangan Greater Kuala Lumpur (Greater KL) sebagai destinasi pelaburan utama sudah mantap, lengkap dengan infrastruktur digital yang teguh, kemudahan menjalankan perniagaan, ekosistem yang dipacu oleh aktiviti teknologi inovatif dan persekitaran yang memupuk bakat.

Menteri Pelaburan, Perdagangan dan Industri (MITI), Tengku Datuk Seri Zafrul Abdul Aziz berkata, Malaysia komited kepada dasar yang bertujuan untuk mewujudkan ekosistem perniagaan bernilai tinggi untuk menarik pelaburan strategik, serta merealisasikan pertumbuhan jangka panjang yang mampan dan inklusif ke dalam negara.

"Kejayaan berterusan InvestKL dalam mendapatkan pelaburan berkualiti untuk kawasan Greater KL adalah bukti landskap perniagaan Malaysia yang kondusif yang seterusnya telah membangunkan daya saing dan daya tahan Malaysia di peringkat global.

"Disokong oleh dasar yang kukuh mengenai industri, pelaburan dan eksport, MITI bersama-sama dengan agensinya seperti InvestKL, akan terus meningkatkan kemudahan negara dalam menjalankan perniagaan dan kemudahan pelaburan, di samping menjamin prospek perniagaan domestik dan meningkatkan taraf hidup rakyat Malaysia ke arah pertumbuhan ekonomi yang lebih luas dan inklusif," katanya dalam kenyataan.

Posted by Good123 > 2023-07-27 08:45 | Report Abuse

https://www.buletintv3.my/detik-niaga/plc-perlu-perkasa-portfolio-esg-rangsang-pasaran-ekuiti-tempatan-rafizi/

Posted by Good123 > 2023-07-27 08:47 | Report Abuse

Yes, it is possible for Progressive Impact Corporation Berhad (PICORP) to be taken over. As a public listed company, PICORP is subject to the takeover provisions of the Malaysian Securities Commission (SC). These provisions allow a person or group to acquire a controlling interest in PICORP by making a takeover offer to the shareholders.

There are a number of factors that could make PICORP a target for a takeover. These include:

The company's strong financial performance. PICORP has been profitable for many years and has a healthy balance sheet.
The company's leading market position in the Malaysian environmental market. PICORP has a market share of approximately 20% in the instruments and monitoring systems and laboratory testing services segment.
The company's expansion plans into new markets. PICORP is currently expanding its operations into Indonesia and Saudi Arabia.
If a takeover offer were to be made for PICORP, the shareholders would need to decide whether to accept the offer or not. The offer price would be a key factor in their decision. Other factors that they would consider include the future prospects of the company and the strategic fit of the acquirer.

Overall, it is possible for PICORP to be taken over. However, whether or not a takeover offer is made, and whether or not it is successful, would depend on a number of factors.

Posted by Good123 > 2023-07-27 10:09 | Report Abuse

MGO at 20sen , mungkin :)

Posted by Good123 > 2023-07-27 11:16 | Report Abuse

KUALA LUMPUR: Prominent economist Anthony Dass believes that Malaysia's economy has "somewhat come out of the woods”, thanks to the clear governance, better confidence from domestic consumers and businesses, and improving engagement with foreign investors and the local business community by Prime Minister Datuk Seri Anwar Ibrahim.

Dass said the cost of living and the ease of doing business had improved slightly.

He said a higher online spending base of RM141.80 was recorded in May 2023 versus a trough of RM77.50 in April 2020, while a decline in the unemployment rate to 3.5 per cent was registered in May 2023 as compared to a peak of 5.3 per cent in May 2020.

Additionally, business loan availability in May 2023 stood at 113 points (base of 100 points in January 2020) as compared to 101.6 points registered in December 2020, he said.

He said the ringgit had also strengthened against the US dollar to the current level of around 4.55 and about 4.24 at end-January 2023 compared to the levels between 4.67 and 4.78 before the 15th General Election held on Nov 19, 2022.

"Now, foreign workers issues are also better," Dass told Bernama when asked to comment on Malaysia's economic outlook after the International Monetary Fund (IMF) revised their projection upward for the 2023 gross domestic product (GDP) growth to three per cent on Tuesday.

The IMF in its latest World Economic Outlook report projected global real GDP growth of three per cent in 2023, up 0.2 percentage point from its April forecast, but left its outlook for 2024 unchanged, also at three per cent.

Posted by Good123 > 2023-07-30 21:34 | Report Abuse

Can fund managers make the difference for companies to be green?

https://www.scmp.com/business/article/3229255/climate-change-do-fund-managers-make-difference-spurring-companies-be-green

Posted by Good123 > 2023-07-31 12:36 | Report Abuse

ESG INVESTING –THE WAY TO GO!

Posted by Good123 > 2023-08-02 09:28 | Report Abuse

Founder sells his stake due to no growth in revenue for 10 years++ before he dies probably.

Give money to his children to run private Biz probably

Observe the movement in share price n volume

Posted by Good123 > 2023-08-02 09:29 | Report Abuse

Oldtown , oversea, and many more family controlled companies cashed out due to disability of second generation

Posted by Good123 > 2023-08-02 09:31 | Report Abuse

Some wanted to penentrate into Arab Saudi and Indonesia Market, they could leverage on picorp networks in those countries

Posted by Good123 > 2023-08-02 09:32 | Report Abuse

Some might acquire picorp for its valuable Biz networks in Indonesia & Saudi Arabia

Posted by Good123 > 2023-08-02 09:35 | Report Abuse

Ada movement this morning, ~3mil shares dah disapu

Posted by Good123 > 2023-08-02 09:35 | Report Abuse

If sudden jump few sen, mesti ada news

Posted by Good123 > 2023-08-02 09:37 | Report Abuse

If tycoon from Saudi or Indonesia bought the founder's stake, triple in price also could happen easily :)

Posted by Good123 > 2023-08-03 09:56 | Report Abuse

Agreement btwn founder n share manipulator probably, wait n see

Posted by Good123 > 2023-08-03 09:57 | Report Abuse

Mana ada genuine bizman biarkan syer sykt up 35sen, now 8sen jika tak terlibat, dll

Posted by Good123 > 2023-08-03 10:10 | Report Abuse

No wonder few independent directors resigned recently from picorp. Dah dah terlalu banyak kot

Posted by Good123 > 2023-08-03 10:11 | Report Abuse

Name pengasas pun dah terjejas dan busuk kini, syer up35sen, kini biarkan 8sen balik :)

Posted by Good123 > 2023-08-29 09:04 | Report Abuse

Q2 usually the weakest quarter, now up.. net profit RM1.6mil++, revenue rm22mil++... share price 10-20sen++ soon.

Grab while u can

Posted by Good123 > 2023-08-29 23:12 | Report Abuse

Accumulate more n more, surely the share price would rebound, etc

Posted by Good123 > 2023-09-07 08:30 | Report Abuse

Many M&As surface now

https://theedgemalaysia.com/node/681385