Life must go on. Got money buy no money wait. Crazy cheap , nowadays what can get with 0.05 cts. Nothing .....but hubline can. Hubline will turn our 0.05 to 0.50 later.
Bursa Malaysia likely to see pre-budget rally KUALA LUMPUR, Sept 20 — Bursa Malaysia is likely to be bullish next week in the run-up to the Budget 2015, dealers said.
A dealer said the budget expectations were likely to trigger a pre-budget rally and power, healthcare, construction, oil and gas sectors would likely attract investor interests. Affin Investment Bank vice president/head of retail research, Dr Nazri Khan Adam Khan, said the Budget 2015 (scheduled on Oct 10) and the impending launches 2014 biggest mega initial public offerings — 1Malaysia Development Bhd, Iskandar, Weststar and Carimin Bhd — should be market-positive. “We expect these catalysts to attract foreign investor interest and foreign funds to spur Bursa Malaysia,” Nazri told Bernama. As the global stocks rose sharply, he said, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) should make U-turn and rebound.
I think I should apologies for my mistake that bull run will start 14.10.14. Seem like the market is always running ahead of my forecast..
Please don't follow other advise ... Follow own heart and own research & Invest wisely ...
Yo, all the best.. bull run fast fast.... lembu lari laju laju... healthcare... maybe kpj & tmclife... construction..last time budget give a lot to gamuda, ijm, mrcb & wct oil & gas ... sapura kencana, dialog, waseong, umw o&g
after earn 30 to 40%, cabut to buy 1MDB... satu malaysia..kao kao.. then take annual leave, go for holiday.. 2014, a good ending year
HUBLine has reversed losses of a year ago to move into profit in the third thanks to a lack of write-downs.
HUBLine CEO Dennis Ling The Malaysian shipowner made a profit of just over MYR 2m ($630,000) against a loss of MYR 163.2m in the same quarter of 2013. The year ago period was impacted by provisions for impairment of MYR 154.2m. Revenue for the quarter was up 3% to MYR 92.1m, while expenses for the same period were down 6.5% to MYR 82m. “The dry bulk shipping sector continues to look promising with our year to date fleet enjoying full capacity. This demand is expected to continue for the remaining part of this year,” said HUBLine. “However, the container shipping division though filled with steady demand still faces over supply resulting in stiff competition and freight stagnation.” It said it will continue to focus on productivity, cost efficiencies and prudent capital management while maintaining its leverage to any improvement in the external business environment.
graph chart from the past 5 years shows steady DECLINE of this stock. never once it has surpassed its initial price. This counter inches PN17 or worse liquadization like Mastral
Malaysia-listed shipping company, HUBline bounced to profits of MYR2.02M ($640,000) for the third quarter of 2014 from a loss of MYR163.17M in the same period last year. The increase in profit is mainly attributed to provisions for impairment of MYR154.2M that was taken up in 3Q13.
In addition, the lower administrative and finance costs also further augmented the profit margins. Meanwhile, revenue increased by 2% year-on-year to MYR92M at 30 June 2014 from MYR89.5M. The company will focus on productivity, cost efficiencies, and prudent capital management, while maintaining HUBline's leverage to any improvement in the external business environment.
In the meantime, HUBline eyes for a restart of its fledgling oil and gas (O&G) support services division, which the company had previously wrapped up during the financial crisis in 2008. "Our operational and technical teams are ready," said Dennis Ling, executive chairman and CEO of HUBline. "It will be a natural progression for us."
The company was said to be in talks with potential joint venture partners to charter offshore supply vessels and may purchase anchor handling tug supply ships, standby vessels, and accommodation barges in view of high domestic demand for O&G support services.
Ling is also upbeat on the shipping market saying it is on the course of gradual recovery. "The shipping industry tends to recover very sharply. When the tide turns, we will be there to catch it."
Hubline is for medium to long term.Medium to me is at least must hold for six months and long term is at least 2 years and above.If one can hold,the returns should be very good provided it does not go into PN17.
Dennis said: 1. We are in talk with potential joint venture partners 2. Our team is ready restart of the fledgling oil and gas (O&G) support services division 3. With good management effort, we are able to make profits for last 3 quarters
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....
yongyou
4,676 posts
Posted by yongyou > 2014-09-20 13:14 | Report Abuse
wait at RM0.04