I3investor most experienced investors, traders, punters gather to exchange their views on current stocks! Beware! Most of their views may not be suitable for those under 90s!
aiyo.... dare not la... I begggggggg very susah only ppls willing to adopt me.... How dare to leave the home?? cannot be ma.... Connie is kind person lai de....
Posted by Hitman > Mar 9, 2015 12:54 PM | Report Abuse
Duit syg, just stay here and leave chrissyconn..send my regards to Connie..hehehe..
Rikki - thanks. Will do. Watch out for Nova 0026. Todayvis T+4 (forced selling) for high of 0,18 done with exceptionally high volume. Expect it to breach 0.18 thereafter.
Hitman...... hahahah.... really dunno leh. If know also cannot disclose leh...... takut kena check by SC... can kena data leak out fine RM60-120k also big amount ma....
talk like know something... learn to be a good drama king.... nothing special..
Posted by Hitman > Mar 9, 2015 01:07 PM | Report Abuse
nope..the way you talk like you know something bro..if any don't forget send me..hitman always love u..hehehe..gtg..lunch!..
-Inari Amertron Bhd’s five million shares were transacted at discount of 13.8% below the market price in an off-market deal at midday on Monday. -EITA Resources Bhd has teamed up Shanghai STEP Electric Corporation to undertake elevator and escalator control systems outside China.
Stock To Watch CAB @ 1.08 TP 1.29 by Kenanga CAB-WA @ 0.71 The earnings growth is to be driven by: (i) the new acquisition of Singapore-based Tong Huat Poultry Processing Factory Pte Ltd, and (ii) expansion of existing farms in Juru, Penang and Padang Meha, Kedah. As such, its monthly capacity is set to reach 5m birds by this year-end from 3.6m birds currently.
In addition, CAB has been acquiring parcels of lands mainly in Mainland Penang more than 20 years ago with the purpose for farming expansion. However, these lands are no longer suitable for farming activities as there are close to housing estates, which may cause environment issue. As such, there is potential of value unlocking for these landbank in the future, either by sale of land or property development via JV. http://klse.i3investor.com/blogs/kenangaresearch/71803.jsp
I believe KLCI will track RM movement this week. If RM weakness continue will prompt more hedging hence can be critical to the market in short term.
Looking at the current trend and coming events like Fed interest rate hike, 1MDB issue & crude oil prices are 3 main factors that trigger the direction of the market.
Ringgit drops to six-year low as Fed stance to cut bond appeal
The ringgit fell to a six-year low as investors brace for an increase in U.S. interest rates that will diminish the appeal of Malaysia’s higher bond yields.
The extra yield investors demand to hold Malaysia’s dollar notes due in 2016 over similar-maturity Treasuries rose to the widest in 20 months Monday as local bond rates climbed. A U.S. report Friday showing the jobless rate dropped to the lowest in almost seven years prompted funds to raise bets for tightening by the Federal Reserve as soon as June, while Malaysia has kept borrowing costs on hold since July as oil prices plunged.
“The hiking of Fed interest rates has a clear impact on emerging markets,” said Nizam Idris, Singapore-based head of foreign-exchange and fixed-income strategy at Macquarie Bank Ltd. “As the Fed hikes rates,” the attraction of Malaysia’s yields will decrease, he said.
The ringgit declined 0.4 percent to 3.6930 a dollar as of 10:22 a.m. in Kuala Lumpur and earlier fell to 3.6945, the lowest since March 2009, data compiled by Bloomberg show. The currency has lost 1.8 percent in the past five days.
Late selling of DiGi and Sime Darby dragged the FBM KLCI into the red at the close on Tuesday on fund selling while the US dollar hit multi-year highs against the euro, yen and the ringgit also.
At 5pm, the KLCI was down 2.01 points or 0.11% to 1,789.73. Turnover was 2.538 billion shares valued at RM2.319bil. There were 457 gainers, 350 losers and 338 counters unchanged.
Key Asian markets fared worse than the KLCI with losses ranging from 0.25% to 0.94%. The ringgit weakened to 3.7040 against the US dollar from the previous close of 3.6780.
After the ringgit, the Indonesian rupiah is the worst performing emerging Asian currency so far this year, with a 5.2% loss against the dollar, Thomson Reuters data showed.
Reuters reported the US dollar hit multi-year highs against the euro and yen on Tuesday on the growing chance of the Federal Reserve hiking interest rates by mid-year, the prospect of which also hurt stocks and currencies from emerging markets.
At Bursa Malaysia, DiGi fell 16 sen to RM6.18 and erased 2.17 points from the KLCI while Axiata lost five sen to RM7.11 but TM rose five sen to RM7.15 and Maxis two sen to RM7.08.
Crude palm oil for third month delivery fell RM39 to RM2,232 per tonne. Sime Darby fell 17 sen to RM9.17 and wiped out 1.84 points from the KLCI, IOI Corp lost nine sen to RM4.55, while FGV and KLK were unchanged dat RM2.20 and RM22.22 and PPB bucked the trend to gain 18 sen to RM14.62.
Puncak Niaga fell 17 sen to RM2.53 and Puncak-WB 11 sen lower at RM1.60 after the water deal between Selangor and Putrajaya lapsed.
Among the banks, CIMB gained 15 sen to RM5.95 and pushed the KLCI up 2.207 points while HLFG added 12 sen to RM17, Maybank three sen to RM9.23, AmBank two sen to RM6.35.
Consumer stocks were mixed with BAT down 82 sen to RM67.72 but GAB added 26 sen to RM14.94 and Nestle 20 sen to RM74.20.
Crude oil prices retreated with US crude down 38 cents to US$49.62 and Brent 64 cents lower at US$57.89.
Petronas Chemicals fell six sen to RM5.15, PetDag was flat at RM18.58 and PetGas gained six sen to RM22.52.
Among the key regional markets,
Japan’s Nikkei 225 fell 0.67% to 18,665.11;
Hong Kong’s Hang Seng Index fell 0.94% to 23,896.98;
Shanghai’s Composite Index fell 0.49% to 3,286.07;
Taiwan’s Taiex fell 0.28% to 9,536.53;
South Korea’s Kospi fell 0.4% to 1,984.77 and
Singapore’s Straits Times Index lost 0.25% to 3,396.04.
Genetec Technology Bhd has secured new orders totalling RM40.6 million, it said in an announcement today.
According to its filing to Bursa Malaysia, up to RM34.5 million of the orders were from the group’s existing clients from the electronics, semiconductor and hard disk drive (HDD) industries.
The rest were from the automotive and other industries.
Genetec (fundamental: 1.2; valuation: 1.2) said these orders are expected to contribute positively to its earnings for the financial year ending Mar 31, 2015 (FY15) and FY16
Stock To Watch TPC @ 0.47 - "Eggs That Slips Investors Radar"
Net profit margin @ 5.7%, slightly lower than QL of 6.5% but better than CAB, PW, Lay Hong & Huat Lai.
TPC was incorporated in 1978 and its principal activity is poultry farming, its main produce being table eggs. The company is one of the pioneer egg producers and currently is a medium-sized supplier of table eggs in West Malaysia.
TPC uses modern semi-automated equipment as well as the state-of-the-art technology in its production facilities. A combination of effective and comprehensive vaccination of pullets coupled with appropriate structural and operational biosecurity offers its eggs a high level of assurance against contamination from food-borne pathogens.
To date, TPC has successfully built a niche in the market for its popular brand of Premium Lower Cholesterol eggs - the “TPC Lower Cholesterol Eggs”. TPC also produce and market other nutritional-enriched eggs namely “TPC Omega Eggs”, “TPC Organic Selenium Eggs”, “TPC Golden Corn Eggs” and “TPC Farm Fresh Eggs” to cater for the needs of the increasingly health conscious Malaysian consumers.
For institutional customers, TPC has introduced a premium product known as WASACO (“washed-sanitized-coated”) eggs. Scientific research showed that washing, sanitizing and coating of shell eggs with food grade wax aid in reducing the bacterial load on the eggshells and the procedure can help to prevent food contamination and illnesses in human. The eggs also have longer shelf life. TPC prides itself on being the first HACCP-certified egg washing operation in the country.
TPC eggs are being sold across Peninsular Malaysia at retail and wholesale egg dealers and directly to customers such as major hypermarket and supermarkets chain, hotels, cake and confectionery houses, fast food chains and others.
Note : TPC is a PN17 company & under regularisation plan.
AmResearch has initiated coverage on Teo Seng Capital with a Buy call and a fair value of RM2.40/share, based on a fully-diluted PE of 13 times on FY15F earnings.
TSC is a Shariah-compliant stock. TSC is a well-managed modern poultry farmer focusing primarily on the production of eggs.
Chinese Factory Data Shows Weakest Start in Six Years
(Bloomberg) -- China’s economy is already behind target as monetary easing shows few signs of traction.
Industrial output, investment and retail sales growth missed analysts’ estimates in January and February, suggesting more stimulus is needed to boost the world’s second-largest economy. Bloomberg’s gross domestic product tracker, which draws on that data as well as measures such as electricity production, shows economic growth slowing to 6.28 percent in the period, the weakest pace since the start of 2009.
Malaysia’s external debt tripled to RM740 million last year
Malaysia's external debts grew by more than three-fold in less than a year, from RM196 billion at the end of 2013 to a whopping RM740.7 billion in the third quarter of last year.
In a written reply to William Leong (PKR - Selayang), Finance Minister Datuk Seri Najib Razak attributed the spike to "new definitions" for external debts in 2014.
Almost two-thirds of the increase was due to foreigners holding on to Malaysian bonds, now considered as part of the external debts.
IFCA MSC Bhd announced it has received a letter of award from Rangkaian Hotel Seri Malaysia Sdn Bhd for the supply of a property management solution worth RM3.39 million, excluding the annual maintenance fee.
In a filing with the exchange, IFCA (fundamental: 3; valuation: 1.5) said the contract is for 22 sites located in Malaysia.
“The contract is not expected to have any material effects on the share capital and shareholding structure of the company.
“However, it is expected to have positive contribution to the earnings per share and net assets per share of IFCA for the financial year ending 2015,” said the company.
IFCA closed unchanged at RM1.34 today. Its market capitalisation was RM700.14 million.
The Board of Borneo Oil Berhad('BOB") is pleased to announce that its wholly-owned subsidiary, Borneo Oil and Gas Corporation Sdn Bhd (“BOG”) has entered into an Exclusive Production Sharing Agreement with HDL Global Sdn Bhd ("HDL") on 11th March 2015 (“Agreement”) to carry out prospecting, exploration, mining, extraction, processing, marketing, sales and collection of sales revenue with respect to all minerals and precious metals including gold (“Mining Works”) on an exclusive basis on an area known as Blok A, SKC(H) 1/2001, Hutan Simpan Bukit Ibam, Mukin Keratong, Daerah Rompin, Pahang with a total area of 1,200 ha (2,965 acres) (“Mining Area”).
The said Mining Area was contracted to HDL by Perbadanan Kemajuan Negeri Pahang (“PKNP”) on 21st May 2010. PKNP was granted approval by the State Government of Pahang a prospecting licence to carry out large scale exploration of minerals on the Mining Area.
A Mining Lease (reference: ML 17/2009) covering an area of 187 ha (462.08 acres) located at Lot 25442, Hutan Simpanan Bukit Ibam, Mukim Keratong, Rompin, Pahang has been issued to PKNP on 9thDecember 2009.
In addition, HDL has five (5) additional mining leases under application (“New Prospecting Areas”).
On behalf of the Board of Directors of the Company, we are pleased to announce that on 12 March 2015, the Company’s wholly-owned subsidiary, Willowglen Services Pte Ltd has been awarded a contract valued at approximately RM10,650,000 by PowerGas Limited, Singapore for the Maintenance and Capacity Expansion Works of the PowerGas SCADA System 2014.
Financial Report For Quarter Ended 31 December 2014 announced on 16 February 2015
Review of Performance :
The Group recorded higher revenue at RM22.3 million in the current quarter as compared to RM16.7 million registered in the corresponding quarter last year. The higher revenue recorded was due to increase in sales orders from both the automated equipment segment as well as the automated manufacturing solution operating segment as a result of higher demand from the semiconductor sector. Consequently, the Group recorded a higher profit before tax of RM3.1 million in the current quarter as compared to the profit before tax of RM1.1 million in the previous corresponding quarter mainly due to the increase in sales and better product mix in this reporting quarter.
Performance of the respective operating segments for the current quarter as compared to the previous corresponding quarter is analysed as follows:- 1) Automated equipment The increase in revenue by RM2.4 million (23.7%) to RM12.3 million as compared to the previous corresponding quarter was mainly contributed by higher demand for automated equipment from semiconductor market. With the increase in revenue and better product mix with higher margin achieved, this segment recorded a higher profit before tax of RM2.4 million in the current quarter as compared to the profit before tax of RM1.0 million in the previous corresponding quarter. 2) Automated manufacturing solution Revenue from this segment was RM3.2 million (48.0%) higher than the previous corresponding quarter mainly due to higher demand for the integrated manufacturing solution from customers in the current quarter. As a result, this segment recorded a higher profit before tax of RM1.1 million in the current quarter as compared to the profit before tax of RM0.3 million in the previous corresponding quarter
Current Year Prospect :
We expect better revenue contribution in year 2015 stemming from the area of growth and opportunities for automation equipment from semiconductor industry, glove industry, food industry, wireless segment and robotic application related projects. We are aware that many companies are moving towards machine automation in light of the human capital challenge currently faced. Machine automation will reduce reliance on human capital while increase manufacturing effectiveness and productivity. With demand for leading-edge automation and information technology solution, demand for our automated equipment and automated manufacturing solution is expected to remain positive. We will continue to strengthen the market position and expand the customer base. The management is cautiously optimistic on the growth prospect of the company for the year 2015.
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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....
Posted by Fortunebull > 2013-12-03 20:12 | Report Abuse
I3investor most experienced investors, traders, punters gather to exchange their views on current stocks! Beware! Most of their views may not be suitable for those under 90s!