KLSE (MYR): PASUKGB (0177)
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Last Price
0.125
Today's Change
0.00 (0.00%)
Day's Change
0.125 - 0.125
Trading Volume
255,900
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Posted by Jessgoh > 2022-05-31 18:42 | Report Abuse
Wait next qtr loss again then just consol lol….more money from water fish here
Posted by Good123 > 2022-05-31 19:59 | Report Abuse
Pengarah2 yang berdosa dan dihina, usah merompak duit pemegang syer minoriti melalui syer esos untuk diri sendiri dan pelaburan dalam saham syarikat yang ada hubungan, dll dengan pemegang syer utama. Prestasi kian baik bagi QR terkini jika tiada hanky panky dilakukan oleh pengarah2 yang tamak :)
Segmental Information
Revenue by Operating Segments
M&E Engineering Manufacturing of Civil Engineering Trading Rental Energy Utilities Group
Services LV switchboards and Construction of Transformer Income Services and
Services and Steam Coal Power Generation
RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000
Revenue
External revenue 18 512 15,998 - - 1,264 17,792
Inter-segment revenue - - - - - -
Total segment revenue 18 512 15,998 - - 1,264 17,792
Segment result - 3 978 - - 767 1,748
Other operating income 437
Administrative expenses (3,491)
Other expenses (2,451)
Finance costs (250)
Tax expense (722)
Loss after taxation (4,729)
Revenue by Geographical Markets
RM'000 %
Malaysia 17,792 100
17,792 100
There were no dividends declared or paid during the financial year to date under review.
The segmental revenue and results for the financial year-to-date under review are as follows:-
To Date
All the business segments are held by subsidiaries, thus the Group’s contract expenses, operating expenses, income taxes, assets and liabilities are managed on a
group basis and are not allocated to operating segments.
Posted by Good123 > 2022-05-31 20:01 | Report Abuse
Lakukan semua demi semua pemegang syer!!!
Prospects
Revenue of the Group decreased from RM19.387 million to RM17.792 million amounting to RM1.595 million or 8.23% for the current financial quarter as compared to
immediate preceding financial quarter mainly due to decrease of revenue contributed from Civil Engineering and Construction Services. The Group reported a net loss
before tax of RM4.007 million for the current financial quarter as compared to a net loss before tax of RM18.447 million in the immediate preceding quarter mainly due to
impairment loss of financial and contract assets and fair value loss on quoted investments in the preceeding quarter.
The year 2022 will no doubt bring a fair share of challenges and opportunities to the Group. With the Coronavirus disease 2019 (COVID-19) pandemic outbreak
worldwide, like other companies in the same industry, the immediate prospects for the Group are not encouraging in the event that the macro economic and political
climate do not improve drastically.
In addition, on 2 April 2021, the Group had introduced the first maiden development project to public during the Ground-breaking Ceremony which was officiated by YB
Dato’ Sri Ismail Sabri Bin Yaakob, Senior Minister (Security Cluster).
The Board believe that with the continuous growth in the Energy Utilities Services and Power Generation segment will contribute positively to the financial performance
of the Group. The Renewable Energy, i.e. energy utilities services and power generation business, with the long term stable income stream derived from the energy
utilities services continue to contribute positively to long term revenue and profits of the Group. On top of the above, the Group will kick start its development project and
expand into River Sand Extraction cum Trading segment in the near future.
The Group recorded a gross profit before tax of RM1.748 million as compared to a gross profit before tax of RM2.096 million in the corresponding quarter of the
preceding year.
This is a project by Pasukhas Development Sdn. Bhd. (“PDSB”) (a wholly-owned subsidiary of the Company) through Joint Venture Agreement (“JVA”) with Yayasan on
9 June 2017. Pursuant to the JVA, PDSB will undertake Yayasan Project as the Yayasan Project owner. PDSB shall be responsible for undertaking and implementing
the entire development project on a total package basis from initial conceptual studies through the detail design and construction phase to the completion thereof.
Further information on the roles and responsibility of PDSB are set out in the circular to Shareholders dated 20 July 2018.
Posted by Good123 > 2022-05-31 20:03 | Report Abuse
Buatlah terbaik - cukuplah dengan rompakan hak pemegang syer minimum sampai disini :)
Prospects (Continued)
(a) 224 units of serviced apartments with built-up areas ranging from approximately 640 square feet to 4,400 square feet, spread out over 32 storeys;
(b) 1 basement car park comprising 42 car park lots;
(c)
(d) 9 storeys of commercial offices with a net floor area of approximately 93,000 square feet; and
(e)
B4. Taxation
Current Quarter Cumulative
Ended Period-To-Date
31 March 2022 31 March 2022
RM'000 RM'000
Current tax expenses:
- for the financial year (733) (733)
Deferred tax expense:
- for the financial year 11 11
Current Tax for the current financial period (722) (722)
The statutory tax rate for the current financial year is 24%.
B5. Profit Forecast and Profit Guarantee
B6. Status of Corporate Proposals
Nonetheless, the Group will continue to focus and review its strategies to improve the cost, quality and delivery of its products and services as well as overall operational
efficiencies in order to remain competitive in the industries the Group operate in.
There were no corporate proposal pending completion as at the date of issuance of this interim report.
The development project located off Jalan Tun Razak, Kuala Lumpur. The development project has an estimated gross development value of RM338 million and gross
development profit of RM81 million, after deducting gross development costs of approximately RM257 million. PDSB shall be effectively entitled to the whole gross
development profit of RM81 million from development project. The development project is estimated to have a gross built-up area of approximately 644,000 square feet
with a net floor area of approximately 355,000 square feet comprising the following:-
an 8-storey podium comprising 2 storeys of commercial centres with a net floor area of approximately 12,000 square feet and 6 storeys containing a total of 607
car park lots;
facilities including prayer room, multi-purpose hall, meeting room, childcare centre, kindergarten, laundry, reading room, indoor games room, gymnasium,
computer room, hawker centre, workers’ recreational space, medical treatment room, taxi-waiting area and other related amenities.
Furthermore, on 2 December 2021, the Group had completed the private placement of up 231,477,700 new ordinary shares in the Company, representing 20% of the
total number of issued shares of the Company for the purpose of fund raising to finance the said projects and expansion
Posted by Good123 > 2022-06-01 07:44 | Report Abuse
Pengarah2 bangsat digesa usah merompak duit pemegang syer minoriti melalui syer esos lagi. Juga dilusi syer dengan pp kpd related parties dengan harga murah/undervalued serta beli quoted shares related parties dengan harga overvalued..Sial!
Subsequent Material Events
(i) Issuance of the following new ordinary shares at the respective dates pursuant to the exercise of share options:
(a) 28,022,300 new ordinary shares were issued and listed on 7 April 2022.
(b) 69,156,700 new ordinary shares were issued and listed on 13 April 2022.
(c) 20,747,000 new ordinary shares were issued and listed on 27 April 2022.
Posted by Good123 > 2022-06-01 07:47 | Report Abuse
Kalau tiada rompakan pengarah2 melalui syer esos, pp dan beli syer related parties, QR yg dilaporkan, menunjukkan breakeven dah. Baca laporan QR sendiri. :)
Posted by Good123 > 2022-06-01 07:48 | Report Abuse
Pasukhas dah turnaround... Lembaga pengarah digesa usah merompak wang pemegang syer minoriti lagi. Fokus and buat biz dengan jujur Sekarang :)
Posted by Good123 > 2022-06-01 08:29 | Report Abuse
Lembaga pengarah digesa untuk menghentikan perbuatan macam AT serta merta. :)
Labur sini sana dalam sykt ataupun syer related parties hahaha
Contohnya AT as per QR terkini
Other segment reported higher pre-tax loss by RM37.68 million in Q4 FY2022 mainly
due to net impairment loss on investment in associates of RM 33.85 million and share
of losses in associates of RM15.31 million (Q3 FY2022: RM3 million), offset with lower
loss on dilution of interest in associates, ie RM Nil in Q4 FY2022 (Q3 FY2022: RM4.59
million) and higher bargain purchase from investment in associate of RM2.63 million
(Q3 FY2022: RM0.22 million) coupled with reversal of impairment of loan & receivable
of RM1.33 million (Q3 FY2022: RM Nil).
Posted by Good123 > 2022-06-01 08:59 | Report Abuse
Saudee (untung) dan pasukhas - nampaknya ada potensi... Usah merosakkan biznya ... Insaflah lembaga pengarah nya. Pasukhas memperoleh kontrak rm31juta+ dari sykt conglomerate eropah ..jika buat biz dengan betul2 - potensinya tak terbatas.
Cukuplah dengan rompakan syer esos, beli saham related parties, invest in company related parties, cukuplah sampai sini, buatlah yang terbaik mulai Sekarang :)
#lawan hanky-panky
#selalu buat baik
Posted by nightmare007 > 2022-06-01 09:16 | Report Abuse
Akhirnya @good123 sedar dirinya telah ditipu oleh pengarah pasukgb...bertabahlah terindah!
Posted by Good123 > 2022-06-01 11:08 | Report Abuse
Kalau pemimpin dalam sykt berperangai,dll macam negara, impaknya juga sama bursa dan sc macam tak berfungsi lagi. MWDG boleh dipelawa untuk menyoal, dll para pengarah yang curang semasa agm akan datang, dll.
Kuasa pemegang syer minoriti mesti dilindungi, dll :)
@nightmare007
Akhirnya @good123 sedar dirinya telah ditipu oleh pengarah pasukgb...bertabahlah terindah!
1 hour ago
Posted by Good123 > 2022-06-01 11:33 | Report Abuse
semua pemegang syer minoriti harus bersatu untuk menentang pengarah2 yang curang dan tak amanah. Aktiviti pemegang syer mesti dipergiatkan lagi memandangkan bursa/sc dah tak peduli :)
What is the minority shareholders watch group?
The minority shareholders in Malaysia are represented by the Minority Shareholders Watch Group (MSWG). The MSWG was established as a government initiative in 2000, as part of a broader capital market framework to protect the interests of minority shareholders through shareholder activism.
Minority Shareholder Rights | Sime Darby Berhad
www.simedarby.com/investor/minority-shareholder-rights
Search for: What is the minority shareholders watch group?
Does minority shareholder watchdog group activism affect firm performance in Malaysia?
This paper investigates the impact of the Minority Shareholder Watchdog Group (MSWG) activism on the performance of targeted firms in Malaysia. We find that MSWG-targeted firms earn statistically significantly higher stock returns than non-targeted firms in the long run.
(PDF) The impact of minority shareholder watchdog group
www.researchgate.net/publication/228964873_The_impa…
Posted by sunsetbiz > 2022-06-01 11:48 | Report Abuse
after wake up and hv a good brunch the Joker still non stop drama-ing....:)
Posted by Good123 > 2022-06-01 13:15 | Report Abuse
In Asian markets, markets were mostly higher as investors bet that inflation levels had peaked and would moderate to more normal levels moving forward.
Japan's Nikkei rose 0.5%, South Korea's Kospi gained 0.6% and China's composite index was unchanged.
Posted by Good123 > 2022-06-01 13:18 | Report Abuse
Gabungkanlah semua pemegang syer minoriti untuk melawan lembaga pengarah yang tamak & curang :)
This paper investigates the impact of the Minority Shareholder Watchdog Group (MSWG) activism on the performance of targeted firms in Malaysia. We find that MSWG-targeted firms earn statistically significantly higher stock returns than non-targeted firms in the long run. The results of various hypothesis tests involving firm performance measures show that MSWG-targeted firms experience significant increase in earnings relative to non-targeted firms in the first and second years after MSWG involvement. Our results imply that although the MSWG's approach to activism might not be comparable to the initiatives of independent activists in developed financial markets, this type of activism does make a difference by providing minority shareholders and institutional investors with resourceful solutions to reduce information asymmetries that have significant economic consequences.
Posted by Good123 > 2022-06-01 13:20 | Report Abuse
Tak boleh biarkan pengarah2 yang curang buat segalanya :)
www.researchgate.net/publication/228964873_The_impa
Posted by BILLC > 2022-06-01 13:46 | Report Abuse
Jgn bising,,,kalo dah kena tipu,,,pigi terjun klcc saja lah,,,wakakaka,,,
Posted by Mrcool > 2022-06-01 14:06 | Report Abuse
For good 123..dh serang belum?...hahahahahaba
Posted by Good123 > 2022-06-01 14:36 | Report Abuse
Ahli politik dah menguasai SC :)
We are pleased to announce the appointment of Dato’ Seri Dr. Awang Adek bin Haji Hussin as the SC’s Executive Chairman.
Welcome Dato' Seri Dr. Awang Adek
Posted by Good123 > 2022-06-01 15:16 | Report Abuse
total shares issued ~ 1.9bil... expecting 10sen soon, market cap returns to ~RM190mil in line with its potentials and projects in hand, also NTA at 12sen @31/3/2021
Permaju with total issued shares ~1.9bil, market cap returned to RM140mil, share price now 7sen although with less potentials, etc etc. :)
Stay strong, getting close :)
#fight hanky-panky
#focus on real biz
#make directors responsible
#enforce corporate governance
#avoid shitty quoted investments
#avoid related party transactions with are one-sided
Posted by Good123 > 2022-06-01 15:39 | Report Abuse
Additional Listing - directors knew that the share price would fly, they grabbed as much as possible.
How about you? :)
Ann. Date Date Type Units Price View
27-Apr-2022 28-Apr-2022 ESOS 20,747,000 0.018
13-Apr-2022 14-Apr-2022 ESOS 69,156,700 0.020
07-Apr-2022 08-Apr-2022 ESOS 28,022,300 0.018
28-Mar-2022 29-Mar-2022 ESOS 71,000,000 0.018
21-Mar-2022 22-Mar-2022 ESOS 60,500,000 0.018
14-Mar-2022 15-Mar-2022 ESOS 50,000,000 0.018
02-Mar-2022 03-Mar-2022 ESOS 21,000,000 0.018
21-Feb-2022 22-Feb-2022 ESOS 50,000,000 0.020
16-Feb-2022 17-Feb-2022 ESOS 25,000,000 0.020
11-Feb-2022 14-Feb-2022 ESOS 25,000,000 0.020
17-Jan-2022 19-Jan-2022 ESOS 36,000,000 0.025
11-Jan-2022 12-Jan-2022 ESOS 8,000,000 0.025
10-Jan-2022 11-Jan-2022 ESOS 8,000,000 0.025
07-Jan-2022 10-Jan-2022 ESOS 8,000,000 0.025
06-Jan-2022 07-Jan-2022 ESOS 16,000,000 0.025
31-Dec-2021 03-Jan-2022 ESOS 20,000,000 0.019
28-Dec-2021 29-Dec-2021 Private Placement 231,477,700 0.019
12-Mar-2021 15-Mar-2021 ESOS 22,737,300 0.040
10-Mar-2021 11-Mar-2021 ESOS 75,791,000 0.040
03-Mar-2021 04-Mar-2021 ESOS 60,000,000 0.045
25-Feb-2021 26-Feb-2021 ESOS 60,000,000 0.048
22-Feb-2021 23-Feb-2021 ESOS 60,642,500 0.048
18-Feb-2021 19-Feb-2021 ESOS 60,000,000 0.050
17-Feb-2021 18-Feb-2021 ESOS 30,000,000 0.050
14-Jan-2021 15-Jan-2021 ESOS 60,000,000 0.073
06-Jan-2021 07-Jan-2021 ESOS 30,102,600 0.073
31-Dec-2020 04-Jan-2021 ESOS 30,102,600 0.078
03-Dec-2020 04-Dec-2020 Private Placement 108,757,000 0.062
24-Nov-2020 25-Nov-2020 Private Placement 100,000,000 0.065
19-Nov-2020 20-Nov-2020 Private Placement 60,000,000 0.064
17-Sep-2020 18-Sep-2020 Private Placement 81,441,000 0.100
Posted by Good123 > 2022-06-01 15:46 | Report Abuse
permaju's right issue price 7sen, harga semasa juga 7sen... pasukhas right issue price 10sen, kini masih 2sen.. semakin dekat, tetap kuat, #pasuk army! :)
Permaju 02-Dec-2021 06-Dec-2021 Rights Issue 959,813,224 0.070
Posted by BILLC > 2022-06-01 15:55 | Report Abuse
Tiada harapan lagi,,,hanya tunggu lompat jambatan PP saja,,
Mana mau lari?? Wakakaka,,,
Posted by Good123 > 2022-06-02 09:28 | Report Abuse
Next one. Pasukhas, :)
KUALA LUMPUR (June 1): Reservoir Link Energy Bhd (RLEB) announced that the Securities Commission has approved its application to transfer its listing status to the Main Market of Bursa Malaysia from the ACE Market.
In compliance with the Main Market Listing Requirements of Bursa Securities, additional information on the company is set out in an enclosed attachment stating that as at May 31, 2022, the share capital of RLEB is RM47.97 million, comprising 290.45 million shares, RLEB said in a filing with Bursa Malaysia on Wednesday.
“Additionally, 12.71 million shares have been approved for issuance, listing and quotation, as part consideration to Lee Seng Chi, as the vendor, pursuant to the acquisition of Founder Energy Sdn Bhd (FESB)(consideration shares).
“The issuance of the consideration shares is subject to FESB achieving a profit after tax of RM13.84 million for the agreed period of 24 months from Sept 1, 2021, based on the terms of the conditional share sale agreement dated June 11, 2021,” RLEB said.
The energy-related services provider also stated that its market capitalisation stood at RM107.46 million based on the 5-day volume-weighted average price of RLEB shares of RM0.37 per share.
RLEB was listed on the ACE Market of Bursa Securities since its admission on July 15, 2020.
Posted by Good123 > 2022-06-02 10:13 | Report Abuse
Terindah! Kalau pengarah2 tak rompak duit melalui syer esos dengan ekstrem dan pelaburan dalam quoted investments dan Syarikat related parties, pasukhas pasti untung :)
Ekonomi : Unit Pasukhas raih kontrak pembinaan RM31.16 juta di Kedah
KUALA LUMPUR, 30 Mei (Bernama) -- Anak syarikat milik penuh Pasukhas Group Bhd, Pasukhas Sdn Bhd menerima surat lantikan daripada Exyte Malaysia Sdn Bhd (EMSB) untuk kerja-kerja pembinaan gudang di Kulim, Kedah bernilai RM31.16 juta.
Posted by Good123 > 2022-06-02 10:16 | Report Abuse
Segalanya dah baik. Usah issue pp kpd related parties pada harga jauh dibawah nta kpd gang related parties lagi. Orang awam tak bodoh. Pengarah2 berotak khinzir :)
https://www.bernama.com/bm/news.php?id=2086381
Posted by Good123 > 2022-06-02 11:47 | Report Abuse
Rising shareholder activism. Terindah!
#NSTopinion #PNB disclosed how it voted at the #EGM on its corporate website. #EPF also disclosed how it voted at the EGM.
Posted by Good123 > 2022-06-02 11:49 | Report Abuse
Must breakthrough against the corrupt directors :)
https://www.nst.com.my/opinion/columnists/2022/06/801530/rising-shareholder-activism
Better for shareholder activism
It is refreshing that PNB has decided to voice its concerns in public when it comes to voting against a resolution.
Such an approach must definitely be good for the development of corporate governance in the capital market and for shareholder activism and transparency.
It is hoped that more institutional investors will follow suit. They have the votes to dish out effective market discipline.
The writer is chief executive officer of Minority Shareholders Watch Group
Posted by Good123 > 2022-06-02 12:09 | Report Abuse
Pengarah2 dah kenyang, mau exit melalui M&As :)
Nevertheless, the Group remains reasonably optimistic as it will continue to leverage on its clients base, internal strength and marketing efforts to secure new contracts
from both local and overseas clients. With its solid foundation, and keen eye for integrating suitable acquisition and mergers into its expansion, the Group is expected to
maintain sustainable growth and improved profitability for the foreseeable financial years.
Posted by Good123 > 2022-06-02 12:35 | Report Abuse
Bagus!
RHB Research mengekalkan saranan wajaran tinggi terhadap sektor perbankan, institusi kewangan bukan bank (NBFI), minyak & gas, utiliti, penjagaan kesihatan, bahan asas, perjudian dan teknologi.
Posted by Jessgoh > 2022-06-02 21:43 | Report Abuse
Tis group without good123 dunno one mth will hv 10comments not
Posted by Good123 > 2022-06-03 08:40 | Report Abuse
Rotational play. Permaju dah balik 7sen++
Giliran pasukhas pulak
Sabar ya!
Posted by Good123 > 2022-06-03 08:41 | Report Abuse
Rintangan pada 2.5sen-3sen, bila cleared, surge macam tsunami
Posted by Good123 > 2022-06-03 08:49 | Report Abuse
Barangkali, permaju dan pasukhas akan digabungkan, banyak synergi, mungkin 1 syer pasukhas syer dapat 1.5 syer permaju. Nama permaju digunakan bagi merged entity tersebut.
Wait n see! Haha
Posted by Good123 > 2022-06-03 08:53 | Report Abuse
Rompakan duit pemegang syer oleh pengarah2 melalui terbitan syer esos dengan ekstrem dah berhenti. Barangkali mereka dah didakwa /disaman sebab menyebabkan inflasi syer macam krypto luna haha
Posted by Good123 > 2022-06-03 08:55 | Report Abuse
Dow, S&P 500, Nasdaq score best day in nearly a week despite Microsoft warning on dollar stocks.
Last Updated: June 2, 2022 at 4:31 p.m. ET
Stocks ended near session highs Thursday, shrugging off earlier weakness, after Microsoft Corp. cut its fourth-quarter guidance ahead of the opening bell, citing the toll taken by a surging U.S. dollar.
Investors also focused on comments from several Federal Reserve officials and labor-market data ahead of Friday’s jobs report.
mean a faster pace of rate hikes in September.
Vice Chairman Lael Brainard also said Thursday she didn’t think the central bank should pause its planned series of interest-rate hikes in September, in an interview on CNBC.
Expectations that the Fed will increase interest rates by a half percentage point in June and July, but also in September, had been weighing on stocks and bonds and sending Treasury yields higher.
Despite more hawkish tones Thursday from several Fed officials, the yield on the 10-year Treasury note BX:TMUBMUSD10Y slipped 1.6 basis points to 2.91%.
Oil prices turned higher after OPEC+ agreed to boost output by 648,000 barrels a day in July and August, with U.S. crude CL up 1.4% to settle at $116.87 a barrel.
The agreement comes as Russian oil production is expected to fall sharply in response to sanctions targeting the country’s energy exports, and it exceeds the prior 432,000 barrel-a-day monthly increases the group has been approving since last year in response to the COVID-19 pandemic.
In economic data, private-sector payrolls rose by 128,000 in May, according to the ADP National Employment Report released Thursday. Economists polled by The Wall Street Journal had forecast a gain of 299,000 private-sector jobs.
Separately, data showed first-time jobless claims fell 11,000 to 200,000 in the week ended May 28, while first-quarter labor productivity was revised to negative-7.3% from an initial negative-7.5%, and first-quarter unit-labor costs were raised to 12.6% from a previous estimate of 11.6%.
Jobs-related data comes a day ahead of May nonfarm payrolls numbers from the Labor Department, though economists note that the ADP data has been a poor guide to the official figures on a month-to-month basis.
“The ADP report points to a dramatic slowdown in private-payroll employment gains in May to 128,000 but, given the survey’s surprisingly poor real-time correlation with the official nonfarm payroll data, we continue to forecast that the latter will show a 300,000 when the report is released tomorrow,” wrote economists at Capital Economics, in a note.
Which companies were in focus?
Pfizer Inc. PFE shares rose 0.6%, while those of BioNTech SE BNTX were off 1% after the Biden administration said children under 5 years old could start getting COVID-19 vaccines as early as June 21. The companies requested authorization in the U.S. for their three-dose vaccine for children.
Chewy Inc. CHWY rallied 24.2% after the online pet-products retailer reported a surprise profit in its fiscal first quarter.
Hewlett Packard Enterprises Co. HPE shares fell 5.2% after earnings and sales missed Wall Street forecasts.
Posted by Good123 > 2022-06-03 10:02 | Report Abuse
The MSCI world equity index which tracks shares in 50 countries, was up 1.42%. The pan-European STOXX 600 index gained 0.57%. The Dow Jones Industrial Average .DJI rose 1.33% to 33,248.28, the S&P 500 .SPX gained 1.84% to 4,176.82 and the Nasdaq Composite .IXIC added 2.69% to 12,316.90.
NEW YORKL Global equity markets rose while U.S. yields were lower on Thursday after lower-than-expected private payrolls data stirred hopes that the American economy was likely cooling and the Federal Reserve might be persuaded to modify its aggressive stance on interest rates and inflation.
The ADP National Employment Report on Thursday showed that private payrolls rose by 128,000 jobs in May, which was much lower than the consensus estimate of 300,000 jobs and suggested that demand for labor was starting to slow.
If the private payrolls data is reaffirmed by the Labor Department's more comprehensive jobs report on Friday, then the Fed would be unlikely to continue its pace of rate hikes, said Sandy Villere, portfolio manager at Villere & Co in New Orleans.
"Essentially, bad news is good news and good news is bad news. That means the economy is maybe cooling a little bit and the Fed can maybe calm down on their hikes because that is essentially controlling everything right now," Villere said.
The MSCI world equity index which tracks shares in 50 countries, was up 1.42%. The pan-European STOXX 600 index gained 0.57%.
U.S. Treasury yields pulled back from recent highs ahead of the closely watched employment report and what it could indicate about the possible trajectory of interest rates.
Two Fed officials, Vice Chair Lael Brainard and Cleveland Fed President Loretta Mester, reiterated on Thursday that the U.S. central bank would likely continue raising rates at a fast pace unless it sees a moderation in inflation.
Benchmark 10-year notes US10YT=RR were trading down at 2.9149%, with two-year notes US2YT=RR also down at 2.6438%.
On Wall Street, the S&P and the Dow rallied from earlier session losses and closed higher, with stocks in technology, consumer discretionary, communication services and financials sectors leading the rebound.
The Dow Jones Industrial Average .DJI rose 1.33% to 33,248.28, the S&P 500 .SPX gained 1.84% to 4,176.82 and the Nasdaq Composite .IXIC added 2.69% to 12,316.90.
Oil prices settled higher after U.S. crude inventories fell more than expected amid high demand for fuel and OPEC+ agreed to boost crude output to compensate for a drop in Russian production.
Brent LCOc1 futures rose 1.69% to $118.26 a barrel, while U.S. West Texas Intermediate (WTI) crude CLc1 rose 1.97% to $117.53.
The U.S. dollar eased across the board, ceding some of the ground gained in recent sessions as firmer risk sentiment prompted investors to reach for higher-yielding currencies.
The dollar index =USD fell 0.78%, with the euro EUR= up 0.94% to $1.0746.
Gold prices rose over 1%, supported by a dip in the dollar and the U.S. private payrolls data. Spot gold XAU= added 1.3% to $1,868.59 an ounce, while U.S. gold futures GCc1 gained 1.38% to $1,868.70 an ounce.- Reuters
Posted by Good123 > 2022-06-03 12:16 | Report Abuse
Foreign shareholding in Bursa Malaysia up at 15% in May from record low -
Posted by Good123 > 2022-06-03 12:20 | Report Abuse
Strategy: CGS-CIMB raises year-end KLCI target to 1,647 points.
Posted by Mrcool > 2022-06-03 14:19 | Report Abuse
Good 123 kje dia copy paste je..hahahaha
Posted by Good123 > 2022-06-04 17:17 | Report Abuse
KUALA LUMPUR (June 4): Bursa Malaysia is expected to move higher next week, supported by returning global investors amid easing Covid-19 restrictions globally, said an analyst.
Inter-Pacific Asset Management Sdn Bhd executive director and fund manager Datuk Nazri Khan said some international fund managers are betting that the worst is over.
He said global investors are returning to Asian markets after a widespread sell-off earlier this year on signs of reduced worldwide Covid-19 restrictions, improved geopolitical implications of Russia’s war in Ukraine, and the smaller effects of regulatory crackdowns.
“We believe the worst may be over for the equities market and it is a good sign to invest on a historical basis as Bursa Malaysia fell close to 10% in the last six months, while US stocks fell more than 30% in six months.
“We can say that global stocks are making strong gains despite the negative external environment,” he told Bernama.
The FBM KLCI closed lower on Friday after a choppy trading session, with the index closing at 1,537.83, erasing 12.07 points or 0.77%.
Market breadth, however, was positive with gainers leading losers 494 to 366.
For the week just ended, the local bourse was mixed amid steady performance in regional markets and a cautious sentiment on Wall Street.
On a weekly basis, the FBM KLCI slipped 8.94 points to end the week at 1,537.82 from 1,546.76 in the previous week.
On the index board, the FBMT100 Index declined 4.95 points to 10,702.73, the FBM Emas Shariah Index dipped 27.4 points to 11,364.49, the FBM Emas Index increased 1.82 points to 11,012.94, the FBM ACE jumped 125.25 points to 5,271.95, and the FBM 70 strengthened 225.63 points to 13,324.19.
Sector-wise, the Plantation Index lost 98.09 points to 7,911.63, the Industrial Products and Services Index went up 0.36 of-a-point to 199.77 and the Energy Index narrowed by 3.09 points to 810.81.
The Financial Services Index fell 25.62 points to 16,618.79, the Healthcare Index shed 48.42 points to 1,878.7, and the Technology Index inched up 3.26 points to 69.71.
Weekly turnover was slightly lower at 14.14 billion units valued at RM13.99 billion against 15.03 billion units valued at RM9.77 billion last week.
Main Market volume widened to 10.53 billion shares worth RM13.14 billion versus 9.99 billion shares worth RM8.63 billion in the previous week.
Warrants volume went down to 1.55 billion units valued at RM288.17 million against 1.96 billion units valued at RM385.97 million previously.
ACE Market volume trimmed to 2.05 billion shares worth RM556.59 million from 2.91 billion shares worth RM745.96 million the week before.
Posted by Good123 > 2022-06-04 20:48 | Report Abuse
2nd attempt getting close. Stay strong :)
KUALA LUMPUR (July 13): Pasukhas Group Bhd hit limit up this morning as it rose as much as 30 sen or 103.45% to its 10-month high of 59 sen, after sealing a collaborative agreement with Vsolar Group Bhd to provide engineering, procurement, construction, and commissioning (EPCC) services to the solar farm industry.
Posted by Good123 > 2022-06-05 12:17 | Report Abuse
SC & bursa perlu menyiasat pengarah2 kerana salahguna kuasa yang menyebabkan share liquidation macam luna krypto coins. Untuk pasukhas, pengarah2 yang sabotaj secara dalaman demi kekayaan peribadi, khinzir betul!
Ann. Date Date Type Units Price View
27-Apr-2022 28-Apr-2022 ESOS 20,747,000 0.018
13-Apr-2022 14-Apr-2022 ESOS 69,156,700 0.020
07-Apr-2022 08-Apr-2022 ESOS 28,022,300 0.018
28-Mar-2022 29-Mar-2022 ESOS 71,000,000 0.018
21-Mar-2022 22-Mar-2022 ESOS 60,500,000 0.018
14-Mar-2022 15-Mar-2022 ESOS 50,000,000 0.018
02-Mar-2022 03-Mar-2022 ESOS 21,000,000 0.018
21-Feb-2022 22-Feb-2022 ESOS 50,000,000 0.020
16-Feb-2022 17-Feb-2022 ESOS 25,000,000 0.020
11-Feb-2022 14-Feb-2022 ESOS 25,000,000 0.020
17-Jan-2022 19-Jan-2022 ESOS 36,000,000 0.025
11-Jan-2022 12-Jan-2022 ESOS 8,000,000 0.025
10-Jan-2022 11-Jan-2022 ESOS 8,000,000 0.025
07-Jan-2022 10-Jan-2022 ESOS 8,000,000 0.025
06-Jan-2022 07-Jan-2022 ESOS 16,000,000 0.025
31-Dec-2021 03-Jan-2022 ESOS 20,000,000 0.019
28-Dec-2021 29-Dec-2021 Private Placement 231,477,700 0.019
12-Mar-2021 15-Mar-2021 ESOS 22,737,300 0.040
10-Mar-2021 11-Mar-2021 ESOS 75,791,000 0.040
03-Mar-2021 04-Mar-2021 ESOS 60,000,000 0.045
25-Feb-2021 26-Feb-2021 ESOS 60,000,000 0.048
22-Feb-2021 23-Feb-2021 ESOS 60,642,500 0.048
18-Feb-2021 19-Feb-2021 ESOS 60,000,000 0.050
17-Feb-2021 18-Feb-2021 ESOS 30,000,000 0.050
14-Jan-2021 15-Jan-2021 ESOS 60,000,000 0.073
06-Jan-2021 07-Jan-2021 ESOS 30,102,600 0.073
31-Dec-2020 04-Jan-2021 ESOS 30,102,600 0.078
Posted by Good123 > 2022-06-05 14:16 | Report Abuse
Kursus integriti dan antirasuah diwajibkan di IPT mulai tahun depan
Bernama
Diterbitkan: Jun 5, 2022 10:49 AM
⋅
Dikemaskini: 10:49 AM
ADS
Posted by Good123 > 2022-06-05 15:05 | Report Abuse
The directors drove pasukhas share into a hyperinflationary cycle with many esos and PP at cheap valuation and the pasukhas’s price fell like crazy to 2sen now. The directors should be investigated, etc.
Posted by Good123 > 2022-06-06 17:05 | Report Abuse
Sektor tenaga adalah baik.
KUALA LUMPUR: JAKS Resources Bhd menjangka mencatatkan prestasi kewangan yang lebih baik bagi tahun kewangan berakhir 31 Disember 2022, susulan sumbangan konsisten dan berulang daripada bahagian kuasa-tenaga serta pembabitan aktif syarikat dalam bidang tenaga.
Kumpulan itu, yang juga giat terbabit dalam aktiviti pembinaan, menjangka keuntungan daripada 30 peratus pegangannya dalam loji jana kuasa haba berkuasa arang batu di Vietnam akan dapat menampung prospek pembinaan lemah ketika ini dan impak daripada pandemik COVID-19, kata Ketua Pegawai Kewangannya, Lim Tiong Jin.
Loji jana kuasa 1,200-megawatt (MW) itu beroperasi menerusi usaha sama 30:70 dengan China Power Engineering Consulting Group Co Ltd (CPECC), penyedia perkhidmatan kejuruteraan kuasa bersepadu di China.
Loji jana kuasa berkuasa arang batu itu adalah penerokaan pertama JAKS dalam segmen penjanaan kuasa dan projek prasarana berskala besar sebagai penjana kuasa bebas di bawah perjanjian pembelian kuasa dengan Vietnam Electricity, syarikat kuasa terbesar di negara berkenaan.
Posted by Good123 > 2022-06-06 19:17 | Report Abuse
Global Markets: Stocks, futures rise as mood improves; dollar dips - Bloomberg hl
No result.
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save malaysia!
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PublicInvest Research
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CS Tan
4.9 / 5.0
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....
Good123
26,431 posts
Posted by Good123 > 2022-05-31 18:10 | Report Abuse
Pengarah2 bertanggungjawab terhadap fv adj in quoted investments dan syer esos