Posted by rikki > 2015-11-07 09:32 | Report Abuse

SLP Resources' 3Q net profit triples, declares 1.5 sen special dividend

KUALA LUMPUR (Nov 6): SLP Resources Bhd ( Valuation: 1.10, Fundamental: 3.00) saw its net profit triple to RM9.39 million for the third quarter ended Sept 30, 2015 (3QFY15) from RM3.13 million a year ago, underpinned by higher sales volume, higher end product mix of its flexible plastic packaging products and foreign exchange (forex) gains.

Earnings per share came in at 3.8 sen compared to 1.27 sen a year ago.

The surge in net income was attributed to higher sales volume, higher end product mix of its flexible plastic packaging products for export markets and approximately RM4 million gains in forex, it told stock exchange in a filing today.

However, revenue for the quarter came in 3.4% lower at RM42.66 million from RM44.16 million a year ago due to lower volume for domestic sales of plastic packaging and other polymer products.

In view of the better results, SLP Resources declared a special single-tier interim dividend of 1.5 sen, payable on Jan 8, 2016.

For the nine months ended Sept 30, 2015 (9MFY15), SLP Resources posted a 147.7% growth in net profit of RM20.26 million or 8.19 sen per share from RM8.18 million or 3.31 sen per share last year.

Revenue for the period fell 5.56% to RM126.61 million from RM134.06 million in 9MFY14.

Going forward, SLP Resources said it will remain vigilant especially on the volatility of crude oil and currency, particularly the ringgit, which could have a direct impact on the operational costs and profitability of the group.

It is also confident that the group is in a good position to achieve greater operational efficiency and profit margins expansion following the installation of a new extrusion line last month, which boosts production capacity, and ongoing automation in manufacturing processes.

"Coupled with the encouraging response and demand for the group's MaxInflax range of products for food packaging and hygienic packaging, the board is optimistic [about] delivering satisfactory financial results for the remaining quarter of the financial year ending Dec 31, 2015," it said.

Shares in SLP Resources closed two sen or 1.09% at RM1.86, for a market capitalisation of RM460.04 million.

Posted by YS Babe > 2015-11-07 15:34 | Report Abuse

Mark, aku beli anak jer. Bunga raya masih suspend lagi, sampai lepas deepavali ker, aku baru baca ini kat wall website tessa https://asiagali.wordpress.com/2015/10/15/hibiscus-to-enter-the-uk-market/

cuba awak tengok sape shareholders

Posted by Mark T Bird > 2015-11-07 20:55 | Report Abuse

That makes sense :-)

Posted by rikki > 2015-11-08 22:09 | Report Abuse

China's trade drops well below expectations in October

BEIJING -- China's trade figures disappointed analyst expectations by a wide margin in October, reinforcing views that the world's second-largest economy will likely have to do more to stimulate domestic demand given stubborn softness in overseas markets.

While Beijing has already repeatedly cut interest rates and softened the exchange rate to prop up the economy, latest trade numbers suggest that a greater risk of a hard landing remains.

October exports fell 6.9 percent from a year ago, dropping for a fourth month, while imports slipped 18.8 percent, leaving the country with a record high trade surplus of $61.64 billion, the General Administration of Customs said on Sunday.

http://www.cnbc.com/2015/11/07/chinas-trade-drops-well-below-expectations-in-october.html

Posted by YS Babe > 2015-11-09 12:24 | Report Abuse

Mark, esceram boleh pergi 0.60, 0.70 ker, aku ada baca online 2nd tp 0.60 3rd tp 0.70, awak tau tak hehehe

Posted by Mark T Bird > 2015-11-09 12:26 | Report Abuse

what?!!?

Posted by YS Babe > 2015-11-09 14:43 | Report Abuse

aku baca ntah kat mana, tak ingat ler, bukan kat website tessa, bukan juga kat i3, tapi memang aku baca online, tak ingat sape yang letak kat online lak hehehe

Posted by YS Babe > 2015-11-09 14:45 | Report Abuse

orang yang sama jugak ada rekomen rexit

Posted by Mark T Bird > 2015-11-09 15:53 | Report Abuse

OKOK

Posted by Tessa Joseph > 2015-11-09 19:03 | Report Abuse

YS

DATO’ SRI MUHAMMAD SYAFIQ BALJIT BIN ABDULLAH, aiyu this guy I also dunno who, so go around tanya tanya, likely a friend kenal, he said O&G guy, cable strong with Petronas, on why he so interested with Hibiscus - not something that I can understand...maybe another WINTONI story hmmm

Posted by necromancer > 2015-11-09 19:13 | Report Abuse

Hello Ms Tessa Joseph, the mysterious lady behind the mask..I must say very intriguing.

Anyway, I'm new here and what caught my eye on your posting were DS Syafiq Baljit, PETRONAS, Hibiscus and the caption "maybe another WINTONI story".

Would you be kind enuff to elaborate please? TQ in advance.

Posted by Mark T Bird > 2015-11-09 21:50 | Report Abuse

Tessa :)

Posted by YS Babe > 2015-11-09 21:59 | Report Abuse

aku ada nampak rikki post kat forum hibiscus, rikki beli hibiscus gak ker? rikki kipidap (ciplak hitman) hehehe Mark awak OKOK tu pe? Citytrader mana? Aku nak tanya TA Esceram hehehehe

Posted by Mark T Bird > 2015-11-09 22:17 | Report Abuse

Hibiscus proposes to acquire Hydra Energy

KUALA LUMPUR: Hibiscus Petroleum Bhd has entered a binding equity transaction term sheet to acquire the entire equity interest in Australian oil exploration and production firm Hydra Energy Holdings Pty Ltd (HEH).

In its filing with Bursa Malaysia on late Monday, the company said the acquisition would be satisfied via the issuance of new Hibiscus shares and/or in other forms to be mutually agreed to by the parties in the share sale and purchase agreement (SPA).

Hibiscus said the proposed acquisition provided it the opportunity to further strengthen its portfolio of assets and enhances its 2P/2C oil reserves/resources in Australia by an additional 15 million-17 million barrels of oil with exploration upside, to 23 million-25 million barrels of oil.

“This will facilitate the company’s advancement of the development and production phases of its Australian assets (i.e. West Seahorse and Sea Lion),” it added.

The purchase consideration for the HEH shares will be at the fair market value, which will be determined by an independent valuer.

The proposed purchase is subject to the completion of due diligence by both the vendors and Hibiscus, among others.

“In conjunction with the signing of the term sheet, the company’s largest shareholder (Hibiscus Upstream Sdn Bhd), has provided an irrevocable undertaking to vote its 17% interest in the company in favour of the proposed acquisition,” it said.

The term sheet is legally binding on the parties until the SPA is signed by the parties.

Upon signing of the term sheet, HEH and the company have entered into a period of exclusivity until the earlier of 90 days from signing of the term sheet or closing of the proposed acquisition.

Hibiscus will pay the vendors a breaking fee of US$3.5mil (RM15.3mil) if the SPA is not executed by April 30, 2016 or if its fails to obtain shareholders’ approval to complete the deal.

HEH was incorporated in Australia on July 22, 2011 and is principally involved in the exploration and production of oil and gas.

It currently holds or has signed binding agreements entitling it to the rights to working interests in seven petroleum titles located in offshore Western Australia, four of which have discoveries with 2P reserves (2P i.e. Proved plus Probable reserves).

The current remaining periods of the petroleum titles range between a year and 16 years.
Hibiscus shares had fallen 39.2% from Oct 29 to close at 36.5 sen on Nov 4. Trading was suspended from Nov 5 to 9 and will resume on Nov 11.

- thestar

Posted by Mark T Bird > 2015-11-09 22:21 | Report Abuse

http://www.hydraenergy.com.au/project/

goodnight friends!

Posted by YS Babe > 2015-11-10 13:13 | Report Abuse

laa pe apasal tak beli hydra siang siang, pagi pagi dah beli lime, skrg baru lak nak hydra, mcm mana? limit up ke esok?

Posted by Mark T Bird > 2015-11-10 16:31 | Report Abuse

Coldrisks :)

Posted by Mark T Bird > 2015-11-10 16:35 | Report Abuse

http://www.energy-pedia.com/news/united-kingdom/new-164559

Posted by Mark T Bird > 2015-11-10 16:59 | Report Abuse

Insider Moves: Ideal Sun City Holdings Bhd, Seacera Group Bhd, Bioalpha Holdings Bhd, Tex Cycle Technology (M) Bhd, Cocoaland Holdings Bhd & Hibiscus Petroleum Bhd

This article first appeared in Capital, The Edge Malaysia Weekly, on November 2 - 8, 2015.

Notable filings

Between Oct 19 and 23, notable shareholding changes in companies listed on Bursa Malaysia included those in Ideal Sun City Holdings Bhd, where three changes occurred involving its substantial shareholders.

On Oct 19, Datuk Lim Tek Lin ceased to be a substantial shareholder of the project management and services company. According to filings with Bursa, Lim disposed of 7.17 million shares or 3.86% of the group’s share base.

While Lim disposed of his shares, Liang Chee Fong acquired 2.03 million shares or a 1.09% stake at 40 sen apiece on Oct 20, increasing his stake in Ideal (fundamental: 3; valuation: 0.30) to 4.32%. On the same day, Datuk Seri Lee Hock Seng acquired five million shares or a 2.69% stake, increasing his shareholding to 8.62%.

Ideal’s largest shareholder is Datuk Ooi Kee Liang who, together with Datin Phor Li Wei, owns 30.5% equity interest through Ideal Sun City Sdn Bhd. Ideal’s share price has lost 5.83% so far this year and closed at 48.5 sen last Wednesday.

Over at Seacera Group Bhd, its largest shareholder and group managing director Zulkarnin Ariffin acquired 2.27 million shares or a 1.25% stake on Oct 16 and 19 at either 55 sen or 68.5 sen per share. The purchase raised Zulkarnin’s shareholding in Seacera (fundamental: 2.30; valuation: 3) to 25.66%.

On Oct 21, Datuk Mansor Masikon, through Noble Summer Sdn Bhd, acquired 3.21 million shares or 1.77% equity interest in Seacera at 68 sen apiece. Mansor holds a 19.7% stake in the group, which is involved in tile manufacturing and property development.

Seacera is diversifying into property development and construction. The group has a total landbank of 242.8ha in Melaka and Semenyih. It has also subscribed for 60% of the shares in SPAZ Sdn Bhd, a construction company.

At Bioalpha Holdings Bhd (fundamental: NA; valuation: NA), William Hon Tian Kok disposed of 22 million shares or a 4.75% stake on Oct 19, 21 and 22 at 29 sen apiece. He further disposed of another 8.83 million shares at the same price on Oct 23, reducing his stake to 19.74%.

Datuk Wong Shee Kai, the largest shareholder of Bright Packaging Industry Bhd (fundamental: 1.20; valuation: 1.10), acquired 3.69 million shares or a 2.25% stake in the packaging specialist on Oct 15, 16 and 20. His shareholding increased to 32.2% after the acquisitions.

Meanwhile, Datuk Wee Song Ching entered into several transactions between Oct 16 and 21, which saw his shareholding in Quality Concrete Holdings Bhd (fundamental: 0.35; valuation: 0.90) decrease by 2.01 million shares or 3.47% to 5.56%.

At Tex Cycle Technology (M) Bhd (fundamental: 2.25; valuation: 0.50), major shareholder Can Cycle Sdn Bhd disposed of five million shares or a 2.96% stake on Oct 16 at RM1.20 apiece in an off-market deal with institutional funds. Can Cycle is owned by Ho Siew Choong, Ho Siew Weng and Periasamy Sinakalai.



Notable movements

Last Wednesday, Cocoaland Holdings Bhd reached its intraday high within 52 weeks of RM2.94 per share. Year to date, the candy maker’s share price has rallied 108.4% to RM2.89, giving it a market capitalisation of RM494.2 million.

On Oct 20, Cocoaland (fundamental: 2.80; valuation: 1.70) announced that its major shareholder Liew Fook Meng had disposed of 2.86 million shares or 1.67% equity interest at RM2.45 and RM2.50 apiece. Liew holds 38% of the group’s shares as at Oct 20.

In June, Cocoaland was an acquisition target of First Pacific Co Ltd, a Hong Kong-based investment management company, for a total cash consideration of RM463.32 million or RM2.70 per share. The deal was aborted by First Pacific in July.

Meanwhile, Hibiscus Petroleum Bhd’s share price fell to 57.5 sen — a 52-week intraday low — last Wednesday. YTD, the special-purpose acquisition company has lost 30% of its value to 59.5 sen per share.

Datuk Seri Muhammad Syafiq Baljit Abdullah acquired 12.36 million shares or a 1.26% stake in Hibiscus (fundamental: 1.55; valuation: 0.30) on Oct 21. He acquired another 2.52 million shares on Oct 22, increasing his stake to 11.62%.

Posted by rikki > 2015-11-10 21:04 | Report Abuse

We are positive towards Q1 2016
Posted in Uncategorized on 08/11/2015 by J&J 35

Recovering oil price follow by Ringgit.  FED increases rate with less speculation on dollar.  Easing on China to spur internal growth.  Expecting even more reinvestment due to weak Ringgit.  Valuecap expected to kick start between Dec 15 to Jun 16.  I am not 100% confident but likely 80% strong chance to have a good quarter in 2016.  We suggest buy on dip for major bluechips and grow stocks

Posted by hsong > 2015-11-10 22:07 | Report Abuse

Year end is coming. Any research house market talk on 2016 outlook
Pls share date time n venue.

Posted by calvintaneng > 2015-11-10 22:53 | Report Abuse

Calvin Tan Research

Talk on Market Out look for Year 2016

Time is Now. Venue: i3 Investors' Forum

Due to fear of US Interest rate hide in December Market in a Swoon.

Calvin Tan Research advocates buying into Dips This Month & Next Month

These Are The Recommended Stocks. Calvin may or may not have positions in them. Please do your own due diligence. Buy at your own discretion. If you win Calvin not getting even one cent from you. So if you lose please don't blame Calvin.

1) MAHSING

Up trending Now Due to EPF Buying. East Spring Accumulating. Most important factor: Up on Strong Fundamental with visible earnings.

2) PPG

Very deeply undervalue. Yeoman Capital accumulating like they accumulate Ajiya. Its Shops in 64,66 and 68, Jalan Pingai were bought as low as Rm140K a unit in 1988. If revalued should be at least Rm2 millions. So NTA Should rise to Rm3.00 to Rm5.00.

3) KPSCB

Very undervalue Assets. 2 booster. No 1. The turning away of Indonesia Paper related products augur well for KPSCB's tissue, toilet rolls, stationary and Double A photo copy paper. Iskandar and Pengerang Building Frenzy requires lots of Plywood product. KPSCB Plywood WAREHOUSE IS LOCATED IN BANDAR SRI ALAM - THE VERY HEART OF ISKANDAR!

4) WHITE HORSE

Will Capture the Lion Share of tiles business just as Ajiya captures Glass Sales in Iskandar. White Horse also expanded its factory into Vietnam like Pohuat. Vietnam & Malaysia will benefit greatly from TPP. So more factories for export equal more need for tiles.
White Horse has High NTA, Low P/E and gives nice dividend. A Solid Growth Stock like Ajiya & Scientex in Johor.

5) YILAI

Selling lower priced tiles than White Horse. Yilai tiles are Calvin's favourite. I bought amost 60% tiles from Yilai for its Quality & Value.
Also quite a lot from White Horse and very little Vietnam & China made tiles. Yilai has secured major orders from Iskandar's developers & captured 10% of HDB Orders from SPORE.

6) MULTICO

Very little research done and misunderstood by many.
It has Very High NTA Over Rm2.00. Selling now below half price.
A Search of its NTA reveals factories located in Jalan Waja, Pandan in Tebrau/Pandan Corridor. VERY VERY PRIME REAL ESTATES!!

Like Factories in Section 13, Petaling Jaya!!
If REVALUED THESE FACTORIES SHOULD AT LEAST GO UP ANOTHER 50% IN VALUE!
Which means that NTA Will go upward to Rm3.00

TPP Shows that electronics & automotives will be included. MULTICO has both! Both in cutting edge tech. Very Good For Exports to USA, Canada & even Japan! Multico is one unloved and overlooked stock that we love.

Last time "expert" looked down on Kulim as a "down trending stock". So all missed Kulim. Now don't miss Multico!

7) MUI BHD

The Most Undervalue Stock of All at OCEAN BOTTOM PRICE

MUI CHAI WAS ONCE THE DARLING AT RM32.00

Now a neglected old maid at only 20 cents.

But MUI Chai has dowry worth billions hidden away.

Where?

Answer

10 CORUS HOTELS IN UK
CORUS HOTEL AMPANG ALONE WORTH RM600 MILLIONS IF REVALUED
400 Over High End Stores in Europe
Metrojaya in Major Cities

It Has 70% of MUI PROP Shares. MUI PROP Owns the 1,000 Acres Prime Lands in Bandar Springhill (BOOK VALUE AT ONLY RM2.13 psf}

MUI ALSO OWN 70% OF CASH RICH PM CORP

How Will MUI CHAI UNLOCK ITS DEEP VALUE? IF DIVORCE CASE GOES THROUGH. MUI BHD MIGHT SELL ITS ASSETS IN OPEN MARKET.

THEN THE WORLD WILL FINALLY WAKE UP TO MUI'S SPECTACULAR VALUE! MIGHT EVEN GO TRIPLE LIMIT UP!!

Price is what you pay. VALUE is what you get.

TIME IS THE ESSENCE FOR WEALTH TO UNFOLD VALUE IN ITS OWN TIME.

Gamblers, punters and day traders please stay away. ONLY FOR TRUE GENUINE VALUE INVESTORS!!

Please Buy and Sell at Your Discretion.

CALVIN TAN RESEARCH

Jurong West,
Singapore

Posted by rikki > 2015-11-11 08:30 | Report Abuse

Glovemakers rally on Bursa

KUALA LUMPUR: Shares in export-oriented companies, led by big glovemakers, rallied to new highs on Monday as investors expect the weaker ringgit will boost their earnings.

The ringgit fell 1.5% to RM4.37 against the US dollar on Monday on the back of stronger US economic data, which in turn prompted a rally in glovemakers’ shares.

Kossan Rubber Industries Bhd and Hartalega Holdings Bhd both closed at new all-time highs of RM8.70 and RM5.50 respectively. Top Glove Corp Bhd also closed at a new high of RM9.72 per share.

The ringgit’s decline also prompted a strong rally in companies with a large revenue base from overseas sales.

Daibochi Plastic and Packaging Industry Bhd, which derives more than 50% of its sales mix from overseas markets, rose 7.4% to a new all-time high of RM4.62 on Monday.

Similarly, carton boxes manufacturer Box-Pak (M) Bhd, which gets the majority of its revenue from its plants in Vietnam, rose 9% to a new high of RM3.

Manufacturers such as glovemakers and packaging companies are also a significant contributor to external trade, which could explain the rally in their share prices.

Recently released exports growth figures in September had beaten analysts’ expectations with an 8.8% increase on a year-on-year (y-o-y) basis, compared to a consensus forecast of 3%.

Manufacturing-based exports continued to record robust double-digit growth of 16.1% year-on-year despite external economic headwinds, said Maybank IB Research in a report.


http://www.thestar.com.my/Business/Business-News/2015/11/11/Glovemakers-rally-on-Bursa/?style=biz

Posted by rikki > 2015-11-11 08:32 | Report Abuse

CIMB Research upgrades Malaysian banks to Overweight

KUALA LUMPUR: CIMB Equities Research is upgrading Malaysian banks from Underweight to Overweight due to enticing valuations, better earnings growth in 2016, a subsiding equity capital raising spree, the benefits of cost-cutting, attractive dividend yields, and flush liquidity.

It said on Wednesday RHB Capital remains its top pick for the sector.

“We see value emerging for Malaysian banks following the plunge in their share prices in the past one to two years. Four out of seven banks under our coverage traded below their five-year averages on Sept 30, 2015 in terms of their rolling forward price-to-earnings (P/Es), to the extent of two to three standard deviations below in the cases of RHB Capital, AMMB and Alliance.

http://www.thestar.com.my/Business/Business-News/2015/11/11/CIMB-Research-upgrades-Malaysian-banks-to-Overweight/?style=biz

Posted by rikki > 2015-11-11 09:17 | Report Abuse

WTK Holdings Bhd - Overflowing Cash Pile of RM1.018 Billion

http://klse.i3investor.com/blogs/bursakakis/85910.jsp

Posted by rikki > 2015-11-11 09:26 | Report Abuse

Technical Stocks To Watch on 11/11/2015 – EKSONS (9016), WTK (4243), TAANN (5012), MIECO (5001), SIGN (7246) & DOMINAN (7169)

http://fatta888.blogspot.my/2015/11/technical-stocks-to-watch-on-11112015.html

Posted by YS Babe > 2015-11-11 10:42 | Report Abuse

kawan2 sementara tunggu hibiscus naik semula jom kita goreng CAP dulu
hehehe

Posted by duitKWSPkita > 2015-11-11 10:46 | Report Abuse

Dear rikki, Ys Babe, Tessa Joseph, Mark T Bird and rakan-rakan,

Selamat Pagi and Selamay Menyambut Hari Deepavali......

Cheers everyone....

Posted by YS Babe > 2015-11-11 11:19 | Report Abuse

duit aku tak sambut deepavali, aku cuma makan muruku beli kat GIANT jer hehehe

Posted by duitKWSPkita > 2015-11-11 11:21 | Report Abuse

hahahahaha

ISS Babe....... U curi curi telan MURUKU???? MURUKU ikan ke udang???? wakakakakakak...............good one....always ada niat Kongsi Raya.....good one

Posted by YS Babe > 2015-11-11 11:22 | Report Abuse

hehehe

Posted by Mark T Bird > 2015-11-11 14:30 | Report Abuse

YS, CAP
http://www.china-autoparts.biz/

Posted by YS Babe > 2015-11-11 15:06 | Report Abuse

aa yang tu

Posted by YS Babe > 2015-11-11 16:34 | Report Abuse

kata asiabio big fund beli tapi tak jalan, kata nak bayar 4.10 tapi kulim tak jalan, apa2 pun tak jalan, aku tido dulu

Posted by YS Babe > 2015-11-12 10:02 | Report Abuse

selamat pagi, aku baca ini kat website tessa yang asiagali tu,


News Items Hibiscus Petroleum* (OTCMKTS:HIPEF) – (BUY – MYR1.59) – Disappointment Coupled With Optimism

Today’s news that the sea lion exploration well has been found to contain uncommercial quantities of hydrocarbons is disappointing, and will require a rethink on the development strategy of west sea horse. While this is undoubtedly disappointing, also released today was the news that the Company is acquiring the entire share capital of Hydra Energy, which has a net 2P Reserves and 2C Contingent Resources of up to 17mm bbl.

This is in addition to its pending acquisition of 50% of Anasuria, which will add 2P Reserves of up to ~23mm bbl. Anasuria could potentially add $5/bbl (~$100mm) to the Company’s value, while the Hydra Energy transaction will require greater detail before we update our valuation.

Ahead of the closing of the Anasuria and Hydra Energy transactions, we are adjusting our target price to MYR1.59, but maintaining our BUY Recommendation. (ProActive Investors UK)

Posted by rikki > 2015-11-12 10:07 | Report Abuse

Technical Stock To Watch on 12/11/2015 – CAREPLS (0163)

http://fatta888.blogspot.my/

Posted by rikki > 2015-11-12 10:09 | Report Abuse

Support Line

CAREPLUS Group Bhd shares hit an all-time high of 60 sen on Oct 28 before pulling back slightly to trade range-bound owing to apparent profit-taking activity. However, the daily slow-stochastic momentum index is rising. Together with the moving average convergence/divergence histogram expanding upwards in tandem with the daily signal line, there may be more advances in store for this counter. A breach of the 60-sen barrier would send the bulls into unknown territory, while concrete support is pegged at the 21-day simple moving average of 51 sen.

CWORKS Systems Bhd mended to a seven-month high of 29 sen during the intra-day session amid fresh bargain-hunting interest. Based on the daily chart, prices had penetrated the mid-term bearish descending line of 28 sen, implying that the recent correction is over. Moving forward, they are expected to firm on follow-through buying, en route to the 33- or 40-sen mark in the immediate term. Important support is resting at the 100-day simple moving average of 27 sen, of which a crack may drag this stock back to its recent low of 16.5 sen.

WEIDA (M) Bhd shares inched nearer to their historical peak of RM2.09, set on Aug 19 last year, on renewed bargain-hunting buying momentum. Technically, the stochastic momentum index has issued a short-term buy signal, while the moving average convergence/divergence indicator is expanding positively against the trigger line, indicating that the bulls are likely to explore uncharted territory in the near term. Solid support is seen at the 14-day simple moving average of RM1.76, followed closely by the RM1.72 level.

The comments above do not represent a recommendation to buy or sell.

http://www.thestar.com.my/Business/Business-News/2015/11/12/Support-Line/?style=biz

Posted by rikki > 2015-11-12 22:59 | Report Abuse

Supermax clinches NHS licence to supply gloves to UK hospitals

KUALA LUMPUR (Nov 12): Supermax Corp Bhd ( Valuation: 1.40, Fundamental: 1.00)'s receipt of a licence to supply medical gloves to the National Health Service (NHS) in the United Kingdom (UK) is expected to contribute positively to its earnings and net assets for four years from the financial year ending June 30, 2017.

In a filing with Bursa Malaysia today, Supermax said its UK-based wholly-owned Supermax Healthcare Ltd was awarded the licence by NHS, which covers every UK hospital.

Through the award, Supermax would be able to benefit from the business that sees an annual medical glove consumption worth about £50 million (RM332 million).

"With this licence, Supermax will be in a position to capture a share of the lucrative NHS business. There will be no immediate significant financial impact in the coming quarters from the award.

"Going forward, it is expected to contribute positively towards the earnings and net assets of Supermax group for the financial years ending June 30, 2017, 2018, 2019 and 2020," it said.

The group said the award will not have any effect on the share capital and substantial shareholders' shareholding of the company.

Supermax shares rose 13 sen or 5.6% to close at RM2.45 for a market capitalisation of RM1.55 billion.

http://www.theedgemarkets.com/my/article/supermax-clinches-nhs-licence-supply-gloves-uk-hospitals

Posted by Mark T Bird > 2015-11-12 23:47 | Report Abuse

YS, tomorrow ESCERAM

Goodnight friends.

Posted by rikki > 2015-11-13 09:48 | Report Abuse

Technical Stocks To Watch on 13/11/2015 – LCTH (5092), PPHB (8273) & HEXZA (3298)

http://fatta888.blogspot.my/

Posted by YS Babe > 2015-11-13 16:53 | Report Abuse

mat burung, aku dah benci dengan esceram, tutup mesti 0.515, nanti pagi2 jatuh, lepas tu tengah2 naik, lepas tu tutup 0.515 balik, serupa jer tak gerak2 mana2 pun, menyampah betul. Awak beli ke? hehehe

Posted by Mark T Bird > 2015-11-13 22:47 | Report Abuse

YS, Please Be Patient

Posted by Tessa Joseph > 2015-11-14 13:47 | Report Abuse

Hello all, happy saturday!

Hibiscus has an image problem! Dear Hibiscus, When you are expecting people to trust you, you must sell yourself to them. You must publicise your skills and abilities, you need to talk more and more so that people can remember your name.

GTG. Just had lunch now so sleepy. Zzzzz

Posted by rikki > 2015-11-14 14:35 | Report Abuse

Eye on stock: TMC Life Sciences Bhd

AFTER peaking out temporarily at an all-time high of 75 sen on Feb 9, TMC Life Sciences Bhd retraced slightly from the top to trade range-bound on consolidation owing to an apparent profit-taking activity.

However, what appeared to be a typical process gave way later, succumbing to extended selling pressure and subsequently, prices slipped to an eight-month low of 46 sen on Aug 25. At that moment, this stock looked frail and in great danger of breaking down from the last leg of the previous massive rally, but a fresh bout of renewed bargain hunting buying momentum emerged expectedly from the sideline to the rescue, helping this stock to move up.

TMC Life shares recovered to a five-month high of 68 sen during intra-day session yesterday, bucking the sluggish performance of the principal market trend.

Based on the daily chart, this stock is on a steep uptrend the past several days, breaching the uppermost 200-day simple moving average (SMA) line with ease.

Theoretically, the present upward thrust is poised to continue, but trading volumes must expand accordingly to sustain the trend ahead. Elsewhere, the oscillator per cent K and the oscillator per cent D of the daily slow-stochastic momentum index rose deeper into the overbought territory but retained the buy signal, triggered earlier this month.

Likewise, the 14-day relative strength index finished at a high of 84 points, up from a reading of 43 in the previous week. In addition, the daily moving average convergence/divergence histogram firmed sharply against the daily trigger line to stay bullish. It had issued a buy call in mid-week.

Technically, indicators are painting a promising pictogram, implying TMC Life shares are likely to advance amid follow-through interest.

Initial upside objective would be to fill the 67 sen-70 sen minor gap and a breach of the historical apex of 75 sen would open the doors for the bulls to explore the unknown area. As for the downside, initial support is pegged at the 200-day SMA of 61.5 sen. An additional floor is lying at the 59.5-sen level. 

The comments above do not represent a recommendation to buy or sell.

Posted by YS Babe > 2015-11-14 14:40 | Report Abuse

setuju!!!
tengok annoucement yang latest bursa minta profile directors, hibiscus jawab GNRI dulu Barclay,

cuba tengok ini
BURSA : 5) Detailed background information of Global Natural Resources Investments and the professionals behind the Company.

Reply to Query 5
HIBISCUS : Global Natural Resource Investments (“GNRI”) was formed by a management buyout of the former Barclays Natural Resource Investments private equity business from Barclays Bank PLC in October 2015. GNRI is focussed on the global natural resources sector, specifically on upstream oil and gas (excluding the US), mining, associated services and power.

Mark pulak kasi link siapa MD GNRI, takan hibiscus tak tau, kan dah nak final, takan lak tak tahu, kita lak tertanya2 deal ini betul ke, bohong ke, pasal yang buat deal pun tak tahu siapa kat GNRI, kan kan

hehehe

Posted by Mark T Bird > 2015-11-14 17:25 | Report Abuse

2 senior Yen Global execs resign

KUALA LUMPUR (Nov 13): Yen Global Bhd ( Valuation: 0.30, Fundamental: 0.35) managing director Goh Kok Heng and his brother Goh Kok Peng, who is the company's executive director, have resigned from their posts, citing to "focus on the business operations of subsidiaries".

Kok Heng, 53, was appointed to his present post in January 2009. He is responsible for research and development, product sourcing, budgetary control and planning and coordination of the procurement process.

In January 2009, Kok Peng, 42, joined Yen Global as its group marketing manager. He assumed his current position in August 2011.

In a filing with Bursa Malaysia today, the loss-making apparel manufacturer of Edwin, Mustang Jeans, and GA Blue brands also announced that its non-executive director Ooi Eng Han, 40, has stepped down from his post.

Ooi cited devoting more time to own business practice as the reason for his resignation. He also left his position as member of the company's audit committee.

Kok Heng's and Kok Peng's older brother Goh Kok Beng remains as the company’s executive chairman.

Yen Global shares closed half sen or 1.28% lower at 38.5 sen today, for a market capitalisation of RM48.6 million.

(Note: The Edge Research's fundamental score reflects a company's profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)

Posted by rikki > 2015-11-16 14:13 | Report Abuse

Some small cap shares worth looking at, during these tough times

SELECTIVE small cap consumer stocks seem to be weathering the weak sentiment on the Kuala Lumpur stock market quite well as they represent resilient stock picks for the longer term.

“The retail sector is a bit dampened by the implementation of the goods and services tax (GST),’’ said Pong Teng Siew, head of research, Inter-Pacific Securities. “It may be time to look at selective consumer stocks when it is not hot.’’

Examples of consumer stocks with potential, Pong said, are Ajinomoto; Tien Wah (makes boxes for cigarettes and is trading below its net tangible asset); and Canone (which is riding on its unit Kian Joo).

Export-oriented companies like Prolexus and Magnitech, which manufacture for Nike in the US, are doing well; they enjoy steady earnings and are cash rich.

“Manufacturing is doing quite well, with non-performing loans falling off,’’ said Pong, adding that a higher inflationary outlook increases pricing power while the small caps run on the stockmarket helps them to raise money for their operations. Their raw materials are not necessarily imported as much is recycled or manufactured locally.

Packaging players that are proxies to Nestle include Tomypak and Daibochi for which stock prices have been climbing steadily.

Food-based manufacturers like Hup Seng Industries and Oriental Food Industries also have potential, said Pong, while Kawan Food and QL Resources are viewed positively by Chris Eng, head of research, Etiqa Insurance & Takaful.

Eng sees more potential in consumer stocks that are involved in exports or markets outside of Malaysia, given that the weak ringgit is negative for most consumer stocks that import raw materials in US dollars and sell in ringgit.

Danny Wong, CEO, Areca Capital, views that this may not be the time for consumer stocks especially when costs are rising with consumer sentiment still weak and expected to remain so for a few more months if the US Fed hikes interest rates.

Stock picks are important, said Pong. Prolexus and Magnitech manufacture on a cost plus basis (the cost of production plus a fixed rate of profit) while Ajinomoto uses local raw materials.

A trading consumer stock, Pong suggested, could be AEON at RM2.60 per share.

http://www.thestar.com.my/Business/Business-News/2015/11/16/Slow-and-steady-wins-the-race/?style=biz

Posted by YS Babe > 2015-11-16 16:47 | Report Abuse

Mark, aku dah jual esceram, nengok esok lagu mana, mungkin aku masuk balik hehehe

Posted by Mark T Bird > 2015-11-16 16:51 | Report Abuse

YS untung 1 guni?
congrats

Posted by YS Babe > 2015-11-16 16:54 | Report Abuse

tidak le seguni, ada le sikit, buat belanja anak2