Posted by Victor Yong > 2019-12-03 06:57 | Report Abuse

support may be coming for pos malaysia share for higher mark-to-market price for expected impairment loss for DRB's quoted investment in pos malaysia as follows:

For FYE 31.12.2019, external auditor is expected to urge DRB to provide for impairment loss for pos malaysia (quoted investment), prolonged 5 quarterly loss reported by pos malaysia and quoted investment in pos malaysia should mark to market price of pos malaysia. DRB group of companies and Syed mokhtar could do the same like VT and berjaya group of companies to buy more pos shares to support its market price. Total impairment loss as follows:

23.4% x 782 mil shares issued x [RM3.33 - RM1.39] = RM251.02mil
32.2% x 782mil shares issued x [RM3.60 - RM1.39] = RM346.41mil
***Total impairment loss expected=RM597.43mil

*Total impairment loss in pos malaysia pending for DRB if mark to current market price of pos malaysia at RM1.39 now.


(Year 2015)
The acquisition, subject to the complete capitalisation of RM552.9 million owed by KLAS to DRB-Hicom and the transfer of 100 acres of land in Kedah from Konsortium Logistik Bhd (owned by KLAS) to DRB-Hicom, would be satisfied via the issuance of 250.8 million new ordinary shares in Pos Malaysia at an issue price of RM3.33 a share.

According to Hong Leong Investment Bank Bhd in a note dated Dec 11, upon the completion of the exercise, DRB-Hicom may own up to 55.6% stake in Pos Malaysia (based on current share price), and Pos Malaysia will become a subsidiary of DRB-Hicom, from being a 32.2% associate.

DRB-Hicom will apply for exemption from the Securities Commission Malaysia from undertaking a mandatory takeover offer of Pos Malaysia, after the disposal exercise.


(Year 2011)
DRB will purchase Khazanah's 32.2% stake in POS for RM622.8m or RM3.60/share.

Posted by Victor Yong > 2019-12-03 07:05 | Report Abuse

See how Syed Mokhtar plays with the expected DRB's impairment loss due to quoted investment in pos malaysia pula :)

Syed Mokhtar a key player in ECW-UEMS merger?
Emmanuel Samarathisa | 29 Nov 2019 00:30

A+ A A-
Three years ago, Tan Sri Liew Kee Sin was a jubilant man. After getting out of a corporate tussle involving property giant SP Setia Bhd, he immediately found his footing and made a mer- curial comeback through a pair of property ventures: EcoWorld Development Group Bhd (ECWD) and its sister EcoWorld International Bhd (ECWI).

Such was the brisk growth of the EcoWorld group of companies that Liew was confident of fielding questions from the local press. That was what he did on Jan 23, 2016. Among the earliest questions posed to Liew was how he obtained a plot of land for his maiden development.

Without hesitation, the property developer name-dropped one of the most important figures in Corporate Malaysia: Tan Sri Syed Mokhtar Albukhary.

Posted by Victor Yong > 2019-12-03 07:13 | Report Abuse

History - Direct Biz Transactions of Pos

Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share Remarks

29/07/2019 00:00:00 1.8600 0.1100 60,000 60,000 111,600 111,600 1.8600 0.0077 -
28/11/2018 00:00:00 2.1500 -0.0400 5,000 5,000 10,750 10,750 2.1500 0.0006 -
16/10/2017 00:00:00 5.2500 -0.0800 292,400 292,400 1.535m 1.535m 5.2500 0.0374 -
13/10/2017 00:00:00 5.0780 -0.2120 2.540m 2.540m 12.898m 12.898m 5.0780 0.3245 -
03/07/2017 00:00:00 5.3000 - 253,500 253,500 1.344m 1.344m 5.3000 0.0324 -
21/06/2016 00:00:00 2.5290 -0.0310 1.436m 1.436m 3.632m 3.632m 2.5290 0.2674 -
04/12/2015 00:00:00 3.3600 - 109,100 271,500 366,576 912,240 3.3600 0.0203 -
04/12/2015 00:00:00 3.3600 - 162,400 271,500 545,664 912,240 3.3600 0.0302 -
24/08/2015 00:00:00 3.3700 -0.5600 18,000 18,000 60,660 60,660 3.3700 0.0034 -
24/07/2015 00:00:00 4.2000 -0.1300 5,000 5,000 21,000 21,000 4.2000 0.0009 -
20/07/2015 00:00:00 4.1001 -0.1999 6,666 6,666 27,331 27,331 4.1001 0.0012 -
02/09/2014 00:00:00 4.9000 0.0500 1,000 1,000 4,900 4,900 4.9000 0.0002 -
27/03/2014 00:00:00 4.7000 -0.0200 1,850 1,850 8,695 8,695 4.7000 0.0003 -
19/12/2013 00:00:00 5.4380 -0.0620 560,000 560,000 3.045m 3.045m 5.4380 0.1043 -
28/03/2013 00:00:00 4.2190 -0.0110 1.014m 1.014m 4.278m 4.278m 4.2190 0.1888 Cross Trade
27/03/2013 00:00:00 4.2180 -0.0020 1.309m 1.309m 5.521m 5.521m 4.2180 0.2437 Cross Trade
21/03/2013 00:00:00 4.1620 0.0120 500,000 500,000 2.081m 2.081m 4.1620 0.0931 Cross Trade
13/08/2012 00:00:00 3.0604 0.0004 1,192 1,192 3,648 3,648 3.0604 0.0002 Cross Trade
20/06/2012 00:00:00 2.6000 -0.1300 359,500 359,500 934,700 934,700 2.6000 0.0669 Cross Trade
22/07/2011 15:44:27 3.1700 -0.0200 200,000 200,000 634,000 634,000 3.1700 0.0372 Cross Trade
12/04/2011 14:23:42 3.5000 -0.0500 610,200 610,200 2.136m 2.136m 3.5000 0.1136 Cross Trade
18/03/2011 15:07:44 3.1500 0.0300 651,600 651,600 2.053m 2.053m 3.1500 0.1213 Cross Trade
10/03/2011 16:43:13 3.3600 0.3100 600,000 600,000 2.016m 2.016m 3.3600 0.1117 Cross Trade
08/03/2011 10:48:23 3.0500 - 500,000 500,000 1.525m 1.525m 3.0500 0.0931 Cross Trade
01/03/2011 12:15:04 3.1000 -0.0200 500,000 500,000 1.550m 1.550m 3.1000 0.0931 Cross Trade
09/11/2010 15:25:09 3.1800 -0.0200 1.170m 1.170m 3.721m 3.721m 3.1800 0.2179 Cross Trade
29/09/2010 16:17:08 3.2900 -0.0200 10,000 10,000 32,900 32,900 3.2900 0.0019 Cross Trade
24/08/2010 16:06:50 3.2000 -0.0300 40,000 40,000 128,000 128,000 3.2000 0.0074 Cross Trade
20/07/2010 15:06:28 3.2680 0.0680 40,000 40,000 130,720 130,720 3.2680 0.0074 Cross Trade
30/04/2010 17:05:08 3.0300 0.1500 5,000 5,000 15,150 15,150 3.0300 0.0010 Cross Trade
27/04/2010 17:05:08 3.0200 0.0300 10,000 10,000 30,200 30,200 3.0200 0.0020 Cross Trade
13/04/2010 17:05:07 3.2300 0.0500 50,000 50,000 161,500 161,500 3.2300 0.0090 Cross Trade
15/10/2009 17:05:07 2.0200 -0.2600 126,000 126,000 254,520 254,520 2.0200 0.0230 -
14/09/2009 11:01:16 2.3000 -0.0200 2.270m 2.270m 5.221m 5.221m 2.3000 0.4227 -
11/09/2009 10:49:01 2.3000 -0.0500 10.000m 25.000m 23.000m 57.500m 2.3000 1.8621 -
11/09/2009 10:48:27 2.3000 -0.0500 15.000m 25.000m 34.500m 57.500m 2.3000 2.7932 -
02/09/2009 15:18:44 2.1800 0.0600 1.176m 1.176m 2.563m 2.563m 2.1800 0.2189 Cross Trade
27/08/2009 17:05:09 2.2000 - 1.470m 1.470m 3.234m 3.234m 2.2000 0.2740 Cross Trade
19/08/2009 17:05:10 2.2400 - 1.700m 2.030m 3.808m 4.547m 2.2400 0.3170 Cross Trade
19/08/2009 17:05:10 2.2400 - 330,000 2.030m 739,200 4.547m 2.2400 0.0610 Cross Trade
23/06/2009 17:05:09 1.8600 -0.2800 9,250 9,250 17,205 17,205 1.8600 0.0020 Cross Trade
31/03/2009 17:05:10 2.1200 0.0100 209,000 209,000 443,080 443,080 2.1200 0.0390 Cross Trade
26/02/2009 17:05:10 2.1000 -0.0400 139,000 139,000 291,900 291,900 2.1000 0.0260 Cross Trade

Summary from 26/02/2009 to 29/07/2019
Highest Price 5.4380 First Occurred on 19/12/2013

Posted by Victor Yong > 2019-12-03 08:36 | Report Abuse

Good for pos. More emphasis on e-commerce :)

KUALA LUMPUR (Dec 2): The Domestic Trade and Consumer Affairs Ministry (KPDNHEP) through the National Cost of Living Action Council, plans to enhance the efficiency of the e-commerce delivery system in an effort to reduce costs related to business.

Its minister Datuk Seri Saifuddin Nasution Ismail said such an efficient delivery system was important because the e-commerce platform could bypass the conventional business network, which normally involved high costs of workers’ salary, utilities and delivery.

"We should make use of existing technology that is e-commerce to increase efficiency (of delivery system) because we see that this aspect is part of the information technology mastery.

“Imagine if we can open an e-commerce platform for perishable items like fish and vegetables, definitely the aspect of delivery system is the most important (to ensure quality of the goods)," he said when appearing as a guest of the Bicara Naratif: Pencapaian KPDNHEP Sepanjang Tahun 2019 which was telecast live on TV1 tonight.

He said KPDNHEP planned to follow in the footsteps of China’s e-commerce company JD.com, which uses a smart delivery system involving robots and drones in its business operations.

In the 60-minute programme, Saifuddin also spoke of the ministry’s achievements this year, including the Food Bank Programme which has benefited 400,000 households and the My100 and My50 unlimited travel pass initiative involving more than 900,000 users of public transport.

He said among the most satisfying achievements was that serious complaints from consumers were almost unheard of following the implementation of the Festive Season Maximum Price Control Scheme (SHMMP).

"This is because almost all traders observe the price we set in conjunction with festivals...the level of compliance is high so consumers feel relieved.

"Previously the number of days allocated for SHMMP was 51 but we increased it to 102 because we found the level of compliance by traders is very positive,” he added. — Bernama

Posted by Victor Yong > 2019-12-03 08:38 | Report Abuse

5G will bring e-commerce to a new level. Good for pos too. :)

KUALA LUMPUR (Dec 2): The ASEAN Makerthon 2019 is unique in that it will for the first time run on the closed 5G network.

The three-day event, from today until Dec 4, requires participants to produce physical prototypes related to 5G, in line with the theme: 'Impact of the 5G Revolution towards Industrial Revolution 4.0'.

It serves as a platform for those involved to gain experience in coming up with innovative solutions, featuring the benefits of 5G.

It is organised by the Malaysian Communications and Multimedia Commission (MCMC) in collaboration with ARM, Celcom Axiata Berhad, Ericsson Malaysia and Universiti Teknologi Malaysia (UTM).

“This year, the big difference is that we're having 5G infrastructure and services to support the Makerthon and we hope to see more collaborations on the 5G (technology) in the future,” MCMC chief corporate officer Datuk Mohd Ali Hanafiah Mohd Yunus said after launching ASEAN Makerthon 2019 here today.

Taking place at the Innovation Centre of 5G (IC5G) UTM-Ericsson at UTM Kuala Lumpur campus, the competition is open to members of ASEAN as well as ASEAN TELSOM Dialogue Partners such as China, Japan, South Korea, India, the European Union and the United States.

Prototypes made by the participants will be evaluated by a panel of judges consisting of companies or institutions with expertise in the field of Industrial Revolution, 5G and the Internet of Things (IoT), based on four main criteria — ideas presented, prototypes, business model and presentation.

In a statement, MCMC said the winner will take home a US$5,000 cash prize, while those placed second and third will get US$3,000 and US$1,000 respectively.

ASEAN Makerthon was last held in 2017. — Bernama

Posted by truly > 2019-12-03 08:40 | Report Abuse

victor yong why u sell me? you so like pos

Posted by Victor Yong > 2019-12-03 10:21 | Report Abuse

Good article :)
https://klse.i3investor.com/m/blog/Bursa_Master/215930.jsp

Posted by Victor Yong > 2019-12-03 10:32 | Report Abuse

Any further update on synergistic sharing of assets and new product development? :)


KUALA LUMPUR (Aug 2): Pos Malaysia Bhd has inked a collaboration agreement with China-based STO Express International Co Ltd to jointly explore cross-border cooperation.

In a joint statement today, the firms said the cooperation will provide the businesses in South East Asia (SEA), especially small and medium enterprises (SMEs) within the region, an end-to-end logistics platform with improved efficiency in international courier services at an affordable rate, positioning Malaysia as a gateway to the ASEAN region.

Pos Malaysia group chief executive officer Syed Md Najib Syed Mohd Noor said the tie-up will only strengthen Pos Malaysia's position through the exchange of best practices and technology in establishing an end-to-end logistics platform for SMEs as well as individual consumers, thus providing a one-stop solution platform for international courier services.

He said this will help SMEs accelerate the growth of e-commerce in the country and contribute positively to the nation's gross domestic product (GDP).

"Both parties will fully realise their common vision and goals in building a faster, stable, transparent, comprehensive and customised product and service offerings via cross-leveraging their current infrastructures from logistics, warehousing and best practices in SEA. In time, the services will be offered to other countries including the USA and Europe.

"This serves as a catalyst of business growth in the area of e-commerce and it will further propel SME businesses to expand in the SEA market. In fact, it will be an excellent ground to promote Malaysian products into China and vice versa," he said.

Pos Malaysia said the project kick-off will include the integration of information technology system between both companies, and the launch of the pilot delivery model plan by mid-August 2019.

It said the next phase will be expanded into synergistic sharing of assets and new product development.

At 11.36am, Pos Malaysia shares dipped 0.58% or 1 sen to RM1.72 for a market capitalisation of RM1.35 billion.

Posted by yangxi > 2019-12-03 11:27 | Report Abuse

i still collect.... like fgv, don't need see qtr report.
if any good news sure fly~

Posted by Sneakpeek > 2019-12-03 13:00 | Report Abuse

Even if they increase the postage rates it will not have significant impact on the earning. People are moving into paperless communication and for parcel so many competitors offering same services.

Postmen salary also will need to be revise if not how to retain staff when foodpanda grabfood out there offer better incentives

Posted by Victor Yong > 2019-12-03 14:31 | Report Abuse

say, the govt nationalises pos malaysia at RM1.80, 782mil shares x RM1.80 ~ RM1.4bil. :)

Posted by bursatrader2018 > 2019-12-03 15:15 | Report Abuse

tq to Victor Yong for information updates on POS.

POS looks like bottom already, bolih masuk ?

Posted by bursatrader2018 > 2019-12-03 15:18 | Report Abuse

but not the cws...will lose money..

Posted by abc333 > 2019-12-03 15:30 | Report Abuse

bought some mother, look into cw... any suggestion?

Posted by bursatrader2018 > 2019-12-03 15:43 | Report Abuse

buy the mother will definately make money below 1.40 ,
buy the cw, is a gamble, odds will lose more than gain, punt small to protect your capital

Posted by johnyeoyeo > 2019-12-03 15:52 | Report Abuse

victor yong tq

Posted by Good123 > 2019-12-03 15:54 | Report Abuse

overall is red but pos in green pulak

Posted by Good123 > 2019-12-03 15:54 | Report Abuse

pos is riped for intraday traders masuk main juga :)

Posted by Good123 > 2019-12-03 15:55 | Report Abuse

after 4pm, mungkin swing higher ... berdoalah :)

Posted by Good123 > 2019-12-03 15:57 | Report Abuse

back to 1.53 level as Nov 22 soon, trend macam ini... berterusan

Posted by Good123 > 2019-12-03 15:59 | Report Abuse

semua grab a bit of pos, tunggu xmas gift :) makin lively

Posted by Good123 > 2019-12-03 16:03 | Report Abuse

overall in red, pos in green, if overall in green , pos double green :)

Posted by johnyeoyeo > 2019-12-03 16:05 | Report Abuse

goooooood

Posted by richman > 2019-12-03 16:25 | Report Abuse

imminent tariff hike is the rumour now

Posted by richman > 2019-12-03 16:25 | Report Abuse

should also move due to window dressing

Posted by Good123 > 2019-12-03 16:28 | Report Abuse

drb also affected by pos due to impairment loss

Posted by Good123 > 2019-12-03 16:29 | Report Abuse

impairment loss for drb for fye 2019, external auditor would push for it

Posted by Good123 > 2019-12-03 16:29 | Report Abuse

someone highlighted somewhere

Posted by Good123 > 2019-12-03 16:31 | Report Abuse

drb's syed would push through new tariffs asap ， Drb also affected baldy

Posted by Ncm88 > 2019-12-03 16:36 | Report Abuse

So should push DRB also ma

Posted by truly > 2019-12-04 13:43 | Report Abuse

please sell off... by next year pos will go in pn17
penny stock in making

Posted by truly > 2019-12-04 20:43 | Report Abuse

please sell off... by next year pos will go in pn17
penny stock in making

Posted by Good123 > 2019-12-05 06:16 | Report Abuse

possible to drb to take pos private to avoid or impairment loss due to pos as quoted investment

Posted by Good123 > 2019-12-05 06:18 | Report Abuse

if syed mukhtar takda cash just use drb shares to privatize pos like what ytl did to ytlland :)

Posted by Good123 > 2019-12-05 06:19 | Report Abuse

based on the current share price of pos, impairment loss for drb in.pos ~rm500mil

Posted by Ncm88 > 2019-12-05 07:49 | Report Abuse

Haiya just sell POS to china

Posted by Good123 > 2019-12-05 08:43 | Report Abuse

Date of Notice:02/12/2019Transactions:No.DateTransaction TypeNo of SharesPrice (RM)1.29/11/2019Acquired241,532-Circumstances by reason of which change has occurred:Acquisition by Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident
Fund Board
Nature of Interest:

Posted by Good123 > 2019-12-05 08:43 | Report Abuse

epf tambah syer pos, Jom beli , rasa epf tahu berita baik akan keluar :)

Posted by meisarel > 2019-12-05 08:53 | Report Abuse

http://www.astroawani.com/berita-malaysia/peningkatan-tarif-perkhidmatan-pos-malaysia-mampu-tingkat-prestasi-kewangan-224232

Posted by Bingjiwang > 2019-12-06 08:53 | Report Abuse

Victor is doing lots of homework;
EPF starts buying 241000 yesterday; sold at 1.80 and buy back 1.40 , good profit contra

Posted by Bingjiwang > 2019-12-06 08:54 | Report Abuse

EPF still holding 53 million shares anyway

Posted by Victor Yong > 2019-12-06 14:11 | Report Abuse

ada risk juga, further delay for the new rates :)

Posted by Victor Yong > 2019-12-06 14:12 | Report Abuse

kalau mau pakai wang, usah beli.. nanti terpaksa jual sebelum new rate announced :)

Posted by truly > 2019-12-06 20:51 | Report Abuse

please sell off... by next year pos will go in pn17
penny stock in making

Posted by newbie5354_ > 2019-12-06 22:41 | Report Abuse

1.39 nobody talk QR ctr fair?

Posted by yangxi > 2019-12-07 01:41 | Report Abuse

who say pn17 ... otak kosong.

Posted by Good123 > 2019-12-07 10:04 | Report Abuse

ya lah, if Feb 2020 belum umum new rates, another fall due to Q4,2019 results

Posted by Good123 > 2019-12-07 10:05 | Report Abuse

pos tak boleh muflis... share price stagnates jika new rates tak jalan

Posted by Good123 > 2019-12-07 10:06 | Report Abuse

risikonya, holding power anda , short price tidur, sanggup tunggu tak? itu je

Posted by truly > 2019-12-08 15:46 | Report Abuse

please sell off... by next year pos will go in pn17
penny stock in making