after so many bullshit by hng, the real result is just normal, you can talk all cock on what 25mil bullshit, end result will not be as per your bullshit.
the earlier assumption on good div payout also seemed not forth coming,
96 hour and subsequently unplanned water outrage 48 hour happened in Jan 2024. 96 hour and subsequently unplanned water outrage 48 hour happened in Jan 2024.
96 hour and subsequently unplanned water outrage 48 hour happened in Jan 2024. pure sorhxxxxi, how many days only, and caused 10mil gap in q income? you think we kindergarten kids meh hng
This forum is about stock investment and sharing of bullish and bearish opinions. If everyone is neutral, then better close down this forum or go elsewhere.
Even so called expert analyst get it wrong very often. So don't condemn anyone personally here. Only condemn those who talk rubbish and waste our time reading it.
Hng33 is not wrong. His assumption reasonable. Only thing disruption + tariff hike only effective in March (Jan, Feb still old rate) as PBA practice bimonthly billing. U can check ur bill… I m penangite so I know. Next Q will be bombastic
Yup I agree with @erudite . Next quarter only can see the increase properly !!! And if we see just by quarter comparison the quarter is good . Is standard increase
1Q24 Note 15: 15. Current year prospects Revenue from sales of water is expected to further increase in line with the new water tariff implementation with effect from 1 February 2024 for domestic consumers.
Hi Erudite, could you kindly share what your water bill was like from Jan-Apr so we can better understand the impact? Thanks.
Posted by Erudite > 1 day ago | Report Abuse
Hng33 is not wrong. His assumption reasonable. Only thing disruption + tariff hike only effective in March (Jan, Feb still old rate) as PBA practice bimonthly billing. U can check ur bill… I m penangite so I know. Next Q will be bombastic
Siliconware Precision Industries Co., Ltd. (SPIL), a leading global semiconductor packaging and testing company, celebrated the groundbreaking of its Malaysia P1 plant at Bandar Cassia Technology Park in Pnenag. This state-of-the-art 8-hectare facility, representing a RM6 billion investment, is expected to create nearly 3,000 skilled jobs over the next 15 years. The plant will feature advanced packaging and testing technologies, including wafer bumping and wafer-level chip packaging, enhancing efficiency and competitiveness in the semiconductor industry.
The ceremony was graced by prominent figures, including YBhg. Dato’ Hairil Yahri Yaacob, Secretary General of MITI; Mr. Sivasuriyamoorthy Sundara Raja, Deputy CEO of MIDA; Dato’ Loo Lee Lian, CEO of InvestPenang; and Mr. Michael Chang, CEO of SPIL Malaysia. Their attendance highlighted the significance of this project to the region and the industry.
YB Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz, Minister of MITI, warmly welcomed SPIL’s investment. He emphasized that this development affirms Malaysia’s position as a preferred destination for global semiconductor companies. He noted, “The National Semiconductor Strategic Task Force (NSSTF) and MIDA’s expertise are key to the New Industrial Master Plan 2030, aiming to increase economic complexity, forge stronger global linkages, and create high-paying jobs for Malaysians.”
Mr. Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of MIDA, underscored the benefits of SPIL’s investment, stating, “This facility enhances Malaysia’s semiconductor ecosystem, creating high-value engineering jobs and accelerating the export of Malaysian products globally.” He added that this project positions Malaysia as a key player in the international semiconductor market, driving sustained economic growth.
Dato’ Loo Lee Lian highlighted Penang’s substantial contribution to the semiconductor sector, stating, “Penang is proud to host SPIL, reflecting foreign investors’ confidence in our region as a hub for advanced technologies. This facility will advance Penang up the value chain, reinforcing its reputation as the Silicon Valley of the East.”
Mr. Michael Chang, CEO of SPIL Malaysia, expressed gratitude to MIDA and InvestPenang for their support. He stated that the P1 plant will foster innovation, cultivate semiconductor talent, and enhance technological capabilities in Penang. He emphasized SPIL’s commitment to environmental sustainability, aiming for GBI Green Globes Certification and a net-zero carbon reduction goal by 2050.
As part of ASE Technology Holding, the world’s largest packaging and testing group, SPIL is expanding its global footprint with the P1 plant. This initiative introduces advanced packaging technology, strengthens the packaging and testing industry, and drives innovation and economic growth in Penang and beyond.
1) Issue bond like alibaba will do to have low funding cost 2) Take control of Yli Berhad which is cash rich and NTA =1.37 , now selling at lelong price 0.55 PBV
PBA PBA PBA.... never change . RM 520 million to install a smart meter just for convenience . If the government actually go through with it. It's time to sell the shares as they spend unnecessary money on OPEX...
Or it's time for MACC to look at who benefitting from these deals as it seems like there's some bribery involved.
Very funny, only Penang water traffic hike keep received complaint, NOT only from consumer, MCA, now even Penang DAP also blame Penang gov .... now demanding rebate 20 per cubic meter....pressuring on Pnenag government to continue give more rebate.
THE Penang Water Supply Corporation (PBAPP) appears to have caved in to pressure and has offered rebates to provide relief to consumers over the 182 percent hike in water rates early this year
In a statement, the state executive councillor, who oversees infrastructure, Zairil Khir Johari said that the first 10,000 litres of water used by every household in Penang from July to December will be free of charge.
It is part of efforts to lighten the impact of increased water tariffs that began earlier this year, Zairil, the Tanjung Bungah assemblyman, said.
He also declared that the existing RM20 monthly rebate for large households comprising eight people or more with a maximum monthly income of RM2,250 will be extended to households with an income of up to RM5,000
As at May 2024, there are about 597,000 registered domestic water consumers in Penang. The projected impact on PBAPP’s revenue in the period from 1.7.2024 – 31.12.2024 will be about RM11 million.
Last qtr profit was only RM14m so if free water impact is RM11m.... covering 6 mths so thats RM1.8m a mth..... so profit will reduce to 14-1.8=12.2m .... assuming rate change will be absorbed into this free water scheme covering initial mths :-(
yes not reflect yet. current price is undervalued as mkt does not like subsidy and other argument surrounding water by politicians. Household consumption is less than 40%. Other sectors still subject to increase esp industry sectors.
A fiNAL single-tier dividend of 1.75 sen per share was approved today for the 7,507 shareholders of PBA Holdings Berhad (PBAHB). The entitlement date is set for July 15, with a total projected payout of RM5.792 million by July 26, according to Chief Minister Chow Kon Yeow. With this final dividend, PBAHB shareholders will receive a net single-tier dividend of 3.5 sen per share for 2023,” Wonder if PBA is a good buy fro now? Any feedback will be appreciated.... and hng33 - you seem to have the most voice here :-) cheers
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....
paperplane
21,615 posts
Posted by paperplane > 1 month ago | Report Abuse
after so many bullshit by hng, the real result is just normal, you can talk all cock on what 25mil bullshit, end result will not be as per your bullshit.
the earlier assumption on good div payout also seemed not forth coming,