lol... if u think this is the main catalyst then im sorry you are wrong.. hehe
jsjy123 as i indicated earlier, this is just the beginning.....tan sri increases his shareholdings.....the main catalyst is the state govt apporval for the rm2bllion project.....
KUALA LUMPUR: Kumpulan Europlus Bhd (KEb) has yesterday entered into a memorandum of understanding (MoU) with Tan Sri Chan Ah Chye @ Chan Chong Yoon whereby the later plans to purchase 840,000,000 ordinary shares in Talam Transform Bhd from KEB. KEB is the registered holder and beneficial owner at a purchase consideration of RM11 sen a share. The MoU shall be valid for four weeks from the date of the MoU or the execution of a sale and purchase agreement of the sale shares, whichever is earlier.
TAN SRI DATO’ (DR) IR CHAN AH CHYE @ CHAN CHONG YOON – (NON-INDEPENDENT NON-EXECUTIVE)
Tan Sri Dato’ (Dr) Ir Chan Ah Chye @ Chan Chong Yoon, a Malaysian, aged 67, Non-Independent Non-Executive Director, joined the Board of TTB on 6 November 1990. He was formerly the Executive Chairman of TTB prior to his re-designation as Non-Independent Non-Executive Director on 22 January 2009. He is a member of the Nomination Committee. He was formerly the Executive Director (President/ Chief Executive) of Kumpulan Europlus Berhad.
He graduated with a Bachelors Degree in Civil Engineering from the University of Malaya in 1970 and is a member of the Institution of Engineers, Malaysia since 1974 and was subsequently made a Fellow in 1984. He has over 42 years of experience in the property and construction industry since he started his career with Messrs Binnie & Partners (M) Sdn Bhd and later joined Perbadanan Kemajuan Negeri Selangor in 1971 as a Project Manager handling project designs, management and property development. Tan Sri Chan was awarded the prestigious “Property Man of the Year 1998” by Federation Internationale Des Professions Immobilieres (“FIABCI”) in recognition of his achievements in property development. Tan Sri Chan was conferred the Honorary Doctorate of Science (Engineering) by the University Malaya on 11 August 2003.
Meng & Craptree, must have mood/timing to take viagra. Even if there is pretty female you must be sure she'd respond then take viagra. If not Longpak! Better get bulldozer n knock down 14 sen reinforced concrete wall — then kueh Talam ready for hot sales @ 30 sen a piece!! Kikiki!
Craptree, don't worry lah if bulldoze to 7 sen. I'll buy till my limit up. If CAC can come in at 11 sen it will double or more but give him time lah. Last time his houses cannot be completed because of 1998 financial crisis and he made too many houses. Now he learnt his lesson so should be prudent. I heard some of Talamt land near Tropicana. So no crap land with low value.
true.... the land is next to tropicana... eco world... tcs group n lbs bina.... i pass by it once every blue moon.... there is two potential out of 4 piece of land talam hold
#KLCI week ahead* Local market to remain firm, trend higher Saturday, 23 August 2014 08:13 KUALA LUMPUR (Aug 23): The FBM KLCI is expected to remain firm and trend higher next week on the back of some improving global sentiment.
“We reiterate that the FBMKLCI remains above its monthly uptrendline and thus is in a secular bull market. That means any significant periods of weakness this year should be viewed as strong buying opportunities.
“While local small caps consolidate with buoying sentiment, impressive rotational interest on large and mid-cap blue chips should showcase healthy risk taking with active foreign participation accumulating battered down blue chip stocks.
“Strategy wise, given that the short term trend has turned positive toward 1,880, traders should accumulate our last recommended Top Featured Stocks which include the likes of Gamuda, Bursa, IHH, IGB, Sunway, Westports, Econpile, Pintaras, Sentoria, Huayang, KSL and Matrix,” he said.
KUALA LUMPUR (Aug 23): The FBM KLCI is expected to remain firm and trend higher next week on the back of some improving global sentiment.
Elsewhere, Wall Street and other stock markets paused on Friday, halting the week's strong gains, as worsening Ukraine tensions dogged trading, while the dollar rose after Federal Reserve Chair Janet Yellen said policymakerseyeing interest rate hikes need to move cautiously, according to Reuters.
Ukraine on Friday said Russia had launched a "direct invasion" of its territory after Moscow sent a convoy of aid trucks across the border into eastern Ukraine, where pro-Russian rebels are fighting government forces, it said.
Affin IB vice president and head of retail research Dr Nazri Khan said that going forward, he expect local market to remain firm, trend higher and gradually retest the all-time-high of 1896.23 level.
Nazri said local stocks should get momentum from world stocks performance (MSCI All World stocks and S&P 500) which recently hit five-year and all-time-high respectively with an impressive gain of 17.6% and 20.7% year-to-date, driven by a round of positive economic data and low interest rate despite the latest commodity volatility and elevated tensions in the Ukraine and Russia.
Nazri, who is also president of the Malaysian Assocation of Technical Analysts (MATA) said he expects many Asian bourses including Bursa to play catch-up, with MSCI All-World and FTSE All-World equity index rose to its best close since May 2008 following Federal Reserve easy policy continuity and ease of geopolitical tension.
He said there was also another bullish wild card from European Central Bank President Mario Draghi who is scheduled to speak at Jackson Hole.
Nazri said global equity should get a huge relief rally if ECB hints at the possibility of a USA-like quantitative easing policy, which has been debated in Europe but that so far the ECB had declined to pursue.
He said investors should have better interest rate clarity on the normalisation of monetary policy after the much awaited Jackson Hole Bankers Central Bankers Conference following the strength of the USA economy and jobs market.
“On the technical front, we see strength across the board with FBM KLCI remain 2% below record territory supported by Wall Street at new all-time highs and Dow Jones Industrial Average back above the 17,000 psychology level,” he said.
Nazri said studies were showing positive momentum for the FBM KLCI but were now in overbought territory, so some caution was warranted.
Nazri said the market's short-term trend was positive on the close above the 20-day moving average.
He said the market had a positive tilt with the close over the 1860 support level.
“The 9-day Stochastics over 70 indicates the market is approaching overbought levels.
“The next area of resistance is around 1880 and 1900 levels, while major areas of support hit at 1860 and 1850 levels respectively,” he said.
Nazri said he expects the recent upward momentum in equity to continue given the steady follow-through Bursa performance during the last week session.
“We reiterate that the FBMKLCI remains above its monthly uptrendline and thus is in a secular bull market. That means any significant periods of weakness this year should be viewed as strong buying opportunities.
“While local small caps consolidate with buoying sentiment, impressive rotational interest on large and mid-cap blue chips should showcase healthy risk taking with active foreign participation accumulating battered down blue chip stocks.
“Strategy wise, given that the short term trend has turned positive toward 1,880, traders should accumulate our last recommended Top Featured Stocks which include the likes of Gamuda, Bursa, IHH, IGB, Sunway, Westports, Econpile, Pintaras, Sentoria, Huayang, KSL and Matrix,” he said.
Strong technical rebound next wk expected after profit taking last wk for penny, small cap, blue chips also planation n banking stocks n emphasise on Sumatec, just heard d news in ntv7.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
s466466
1,171 posts
Posted by s466466 > 2014-08-21 21:43 | Report Abuse
INI KALI LAH........... 30 CTS.... MANY NEWS ANNOUNCE SOON........