Tuesday, November 6, 2012

TOP 30 Equity Investments invested by EPF in KLSE

Want to know which stock invested in Bursa Malaysia by EPF?

Here is the list Of Top 30 Equity Investments Listed On Bursa Malaysia By Quarter As At 30 September 2012 released by EPF recently.


Tuesday, October 30, 2012

Why ASTRO going down again ?


ASTRO share price was beaten again and it was dragging down by the newly listed call warrants. A total of 10 new call warrants making debut in KLSE and all of them are not performing well in their first day of trading.

These is also causing its mother share being dragging down further.

At 2.80, is it good price to go in now? Oh well i will wait for 2.50.

Astro call warrants make weak debut
- By Francis Fernandez,btimes.com.my

KUALA LUMPUR: Astro Malaysia Holdings Bhd's call warrants sank on their debut yesterday, as investors kept throwing the mother shares.

The Astro mother shares closed eight sen lower at RM2.80. The company was listed this month, with an initial public offer price of RM3 per share.

A total of 10 call warrants made its debut, raising collectively as much as RM120 million by the four banks which had issued the call warrants.

Maybank Investment Bank Bhd issued Astro CA and Astro CB, OSK Investment Bank Bhd Astro CC and Astro CD, AmInvestment Bank Bhd Astro CE, Astro CG, Astro CF and Astro CH while CIMB Bank Bhd CH and CI.

Among the Astro call warrants that traded heavily were the Astro CB and the Astro CG. The Astro CB fell 11.5 sen to 3.5 sen, while the Astro CG was 12 sen lower at three sen apiece.

All the call warrants had an issuing face value of 15 sen, with the exception of Astro CH, which is a put warrant.

A put warrant should in theory rise when the mother stock falls, as it is a bear instrument. It means that investors are betting the mother share will drop.

In the case of Astro CH, it has a RM2.28 strike price with a four-to-one conversion ratio. The Astro HA's issuing price was 4.5 sen.

Excluding the CH put warrant, all the call warrants were priced above RM3, with the exception of the Astro CE, which comes with a strike price of RM2.88 and with an eight-to-one conversion ration. The Astro CE call warrants closed 10 sen lower to five sen apiece.

Meanwhile, the Astro CA call warrants ended four sen lower to 11 sen yesterday, followed by Astro HA call warrants which dropped 5.5 sen to 9.5 sen.

The Astro CC, CD and CF closed the day unchanged at 15 sen a piece.

Friday, August 24, 2012

Why SCOMI share actively traded recently?

Recently SCOMI share has been traded actively and the price also moved up a few cents. The reason was finally announced on Thursday, there have hit a 'jackpot' in Qatar, there won a multi-million dollar contract there.

The following news was extracted from btimes.com.my.

Scomi bags Qatar Petroleum contract



RM130m deal, over three years, will boost firm’s drilling fluids business in the Middle East

SCOMI Group Bhd has secured a RM130 million contract from Qatar's state-owned petroleum company Qatar Petroleum, in a move that will boost its drilling fluids business in the Middle East region.

The contract, which is to supply drilling fluids and engineering services over three years, was awarded to Scomi Oiltools (Cayman) Ltd's branch in the Middle Eastern country.

Scomi Oiltools is part of the group's oilfield services business.

Scomi, in a press statement yesterday, said the contract was a "milestone" for its drilling fluids business in the Middle East.

Scomi's share price nudged up by about two per cent (or half a sen) to 26 sen in the stock market yesterday. A day earlier, however, it rose by 13.3 per cent on heavy volumes.

Scomi Oiltools will be required to formulate solutions for challenging drilling environments onshore as well as provide drilling fluids services for four rigs initially, with more rigs anticipated towards the end of the year.

It competed against major players in the field to win the contract, it said, without naming the rivals.

"With our vast experience in drilling fluids formulations for challenging environments, we are confident of formulating effective yet cost-effective solutions for our customer," Wan Ruzlan, president of the market units for Scomi Oiltools, said.

Scomi has had operations in the Middle East since 1998 and has so far provided its drilling fluids services and products in Egypt, Saudi Arabia and Sudan.

"The eastern hemisphere is the major growth region for us with the Middle East having great potential for expansion," Wan Ruzlan said.

Its major clients in the region include Saudi Aramco, PDO, Adco, WNPOC, Gupco and Petrobel.

Scomi's drilling fluids operations are supported by the group's Global and Technology Centre in Malaysia.

From this centre, research and engineering, technical services and training reaches out to all its global operations.

Friday, August 10, 2012

FABER - 2Q Profit Rises

FABER GROUP BERHAD
- Second Quarter ended 30/06/2012
- Announcement date 09/08/2012


Friday, July 20, 2012

Chan buys another company

Recently Raymond Chan sold his stakes in Ariantec Global (AGLOBAL) and Metronic Global (MTRONIC). He is making a come back by potentially buying into an another company, AT Systematization (AT).

AT Systematization (AT) is listed in ACE Market and was actively traded for last few days.

Below are the news extracted from Business Times Malaysia, titled Chan buys 5.5pc stake in AT Systematization.

KUALA LUMPUR: Sabah businessman Datuk Raymond Chan Boon Siew, who sold down his stakes in Ariantec Global Bhd and associate company Metronic Global Bhd recently, is believed to have bought some 10 million AT Systematization shares yesterday.

"Chan acquired the shares from the open market," a source close to the businessman said.

Based on AT Systematization's share price performance yesterday, the 10 million shares, equivalent to about 5.5 per cent stake in the company, would cost Chan less than RM2.3 million.

Its shares on Bursa Malaysia fell 6.5 per cent, or 1.5 sen, to 21.5 sen yesterday. There were more than 48.9 million shares changing hands.

So far this year, AT Systematization shares have gained by more than 13.5 sen, or 168 per cent.

Tuesday, July 17, 2012

OSK Group Berhad listed today

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ock_berhad 


OSK Group Berhad listed in ACE Market today.

Listed price at RM0.36

As of 4.15pm, it was traded at RM0.45 up 25% or RM0.09. The highest price was at RM0.475 and lowest RM0.405.

OCK Group is principally involved in the provision of telecommunications network services. Their product/service offering comprehensively covers services from all 6 segments of the telecommunications network services market: network planning, design and optimization, network deployment, network operations and maintenance, energy management, infrastructure management, and other professional services.

Friday, June 15, 2012

NICORP's LPG venture is GONE !

NICORP plan to diversify the company into the liquefied petroleum gas (LPG) business has hit snag.

In an announcement to Bursa Malaysia yesterday, Nicorp said Aspire Rich Sdn Bhd had received a letter from Oman-based Natural Gas Co (NGC) stating that the agreement between the two parties to acquire the LPG assets from Shell Trading Sdn Bhd had been terminated.

The announcement to Bursa are as followed:-

"NICORP wishes to announce that the Company had on 13 June 2012 received a letter dated 12 June 2012 from Aspire Rich informing that Aspire Rich had received a letter from Oman-based Natural Gas Co (S.A.O.G.) (“NGC”) stating, amongst others, that the agreement entered into between NGC and Aspire Rich to jointly acquire the said LPG Assets via a special purpose vehicle namely NGC Energy Sdn. Bhd. has been terminated with immediate effect.

NICORP was also informed that Aspire Rich is disputing the termination of the aforesaid agreement and is seeking legal advice on the matter.

In this respect, NICORP will also be seeking legal advice in relation to the Letter of Invitation from Aspire Rich to NICORP dated 12 March 2012."

Look like NICORP is staying as a Timber company afterall.

Thursday, June 14, 2012

SUPER, 4Q NOT So Super !

SUPER ENTERPRISE HOLDINGS BERHAD ( SUPER )
- Fourth Quarter ended 31/03/2012
- Announcement date 12/06/2012



Wednesday, June 13, 2012

JAVA, Earning from BAD to WORST !

JAVA BERHAD ( JAVA )
- Third Quarter ended 31/03/2012
- Announcement date 31/05/2012



Tuesday, June 12, 2012

RELIANCE, Revenue DOWN Half but earning turn black

RELIANCE PACIFIC BERHAD  ( RPB )
- Third Quarter ended 31/03/2012
- Announcement date 31/05/2012



GAS Malaysia losing steam, Profit DOWN Half

GAS MALAYSIA BERHAD ( GASMSIA )
- First Quarter ended 31/03/2012
- Announcement date 07/06/2012

Tuesday, June 5, 2012

WAH SEONG Profits DOWN Half

WAH SEONG CORPORATION BERHAD
- First Quarter ended 31/03/2012
- Announcement date 31/05/2012

Monday, June 4, 2012

SEAL Profit Increased 200%

SEAL INCORPORATED BERHAD
- Third Quarter ended 31/03/2012
- Announcement date 31/05/2012


Saturday, June 2, 2012

ANNJOO Disastrous 1Q

ANN JOO RESOURCES BERHAD ( ANNJOO )
- First Quarter ended 31/03/2012
- Announcement date 31/05/2012

Friday, June 1, 2012

MAYBULK Revenue and Profit REDUCED

MALAYSIAN BULK CARRIERS BERHAD  ( MAYBULK )
- First Quarter ended 31/03/2012
- Announcement date 31/05/2012

MASTEEL From Hero To Zero !

MALAYSIA STEEL WORKS (KL) BHD ( MASTEEL )
- First Quarter ended 31/03/2012
- Announcement date 31/05/2012

Thursday, May 31, 2012

Why GENTING MALAYSIA Net Profit DOWN 35%

GENTING MALAYSIA BERHAD ( GENM )
- First Quarter ended 31/03/2012
- Announcement date 30/05/2012

Genting Malaysia's net profit was down more than 35% for 1Q, it was mainly due to its development of Resorts World Casino New York City (PRWCNYC) and lower revenue from its leisure and hospitality business in Malaysia.

Thursday, May 24, 2012

MPHB is planning to have a major restructuring

MPHB is planning to have a major restructuring that will separate the non-gaming and gaming units. By doing so, a new entity will appear to house its non-gaming assets and leaving Magnum Corporation Bhd the cash-cow and profitable numbers forecast operator alone.


Below are news extracted from Theedgemalaysia.com:

KUALA LUMPUR: Multi-Purpose Holdings Bhd (MPHB) is planning a major restructuring that will feature the creation of a new entity to house its non-gaming assets, a move that will turn the group into a pure proxy for the gaming sector.

Under the plan, MPHB is proposing to inject its interests in properties, hotels and financial services into a special purpose vehicle and leave the group with one asset, Magnum Corp Bhd, the profitable numbers forecast operator.

Financial executives familiar with the corporate proposal said shares in the new entity that will house the group’s non-gaming assets will be distributed to shareholders before a public listing.

MPHB is considering presenting the plan to shareholders at the company AGM today, according to a financial executive familiar with the exercise.

“The purpose of this exercise is to make MPHB a pure gaming outfit while creating another new listed company focusing on properties, hotels and financial services. It’s better to separate the gaming and non-gaming businesses into two listed entities to unlock the values for shareholders,” he said, adding that the listed companies would have greater appeal to different sets of institutional investors.

A restructuring at the MPHB group has been expected since it acquired a 47% stake in Magnum from private equity firm CVC Asia Pacific Ltd and another 2% from certain members of Magnum’s management for a total consideration of RM1.64 billion. That transaction was financed via the issue of new MPHB shares and cash.
In a nutshell, the exercise made Magnum a 100% subsidiary of MPHB, while CVC realised some RM600 million cash from its Magnum stake and received new shares in MPHB. CVC held an 11.21% stake in MPHB as at April 4, making it the second largest shareholder after Casi Management Sdn Bhd, which holds 28.35% equity interest. Casi is a vehicle controlled by Datuk Surin Upatkoon, who effectively owns a 33% stake in MPHB.

While the 2011 exercise mainly benefited CVC, the latest restructuring plan could benefit other MPHB shareholders, who would have shares in the new listed company in addition to their current holdings in MPHB, said a market observer.

Shareholders can either cash out from the new listed company containing the non-gaming assets or stay on to reap the growth of its property development plans.

MPHB entered into a deal with Bandar Raya Developments Bhd (BRDB) last year to jointly develop land in Penang, Rawang and Mimaland (Gombak) in Selangor. The joint development deal covers a total of 670 acres (271ha) and is expected to generate a combined gross development value of around RM4.25 billion.

However, it remains to be seen if the group wishes to further grow its financial services business, which comprises a general insurance business under Multi-Purpose Insurans Bhd and stockbroking outfit A A Anthony Securities Sdn Bhd. It has been reported that MPHB is looking to divest Penang-based A A Anthony through a management buyout.

This article appeared in The Edge Financial Daily, May 23, 2012.

Wednesday, May 23, 2012

DELEUM Earning Up Almost 100%

DELEUM BERHAD
- First Quarter ended 31/03/2012
- Announcement date 22/05/2012

Tuesday, May 22, 2012

PINTARAS Earning Almost Double-Up.

PINTARAS JAYA BHD ( PTARAS )
- Third Quarter ended 31/03/2012
- Announcement date 18/05/2012


Monday, May 21, 2012

JCY Earning Increased 130%

JCY INTERNATIONAL BERHAD
- Second Quarter ended 31/03/2012
- Announcement date 17/05/2012


Saturday, May 19, 2012

TDM Earning Reduced 39%

TDM BERHAD
- First Quarter ended 31/03/2012
- Announcement date 15/05/2012

Friday, May 18, 2012

TOMEI Revenue Up 35% BUT Profit Reduced

TOMEI CONSOLIDATED BERHAD
- First Quarter ended 31/03/2012
- Announcement date 15/05/2012

Huge Turn-Around For PERWAJA

PERWAJA HOLDINGS BERHAD
- First Quarter ended 31/03/2012
- Announcement date 15/05/2012

Wednesday, May 16, 2012

MSC Disastrous 1Q

MALAYSIA SMELTING CORPORATION BERHAD ( MSC )
- First Quarter ended 31/03/2012
- Announcement date 11/05/2012

Tuesday, May 15, 2012

LATEXX Earning Falls 34%

LATEXX PARTNERS BERHAD
- First Quarter ended 31/03/2012
- Announcement date 14/05/2012

Monday, May 14, 2012

CSCSTEL Earning Drop 76%

CSC STEEL HOLDINGS BERHAD ( CSCSTEL )
- First Quarter ended 31/03/2012
- Announcement date 11/05/2012

Friday, May 11, 2012

HARTA Earning Drop Slightly

HARTALEGA HOLDINGS BERHAD ( HARTA )
- Fourth Quarter ended 31/03/2012
- Announcement date 09/05/2012


Thursday, May 10, 2012

KKB net profit fell 60%

KKB ENGINEERING BERHAD
- First quarter ended 31/03/2012
- Announcement date 09/05/2012

Tuesday, May 8, 2012

MPHB is moving up again


MPHB share price has been moving up steadily for last few days. The price had gone up from RM2.70 to RM3.02.

MPHB had been aggressively selling their non-gaming businesses, meaning there are to transform the group into a gaming company. Magnum Corporation Sdn Bhd a numbers forecast operator (NFO) is under MPHB group.

There are also planning to dispose their insurance company, Multi-Purpose Insurance.

Another reason for the share price to move up is the company may pay-out special dividend to investors.
For last few years, the company had been consistently paying out 10% dividends to shareholders.

Kenanga Investment Research target price for MPHB is RM3.72.

Friday, May 4, 2012

Terrible Quarter For UNISEM

UNISEM (M) BERHAD
- First quarter ended 31/03/2012
- Announcement date 02/05/2012

Wednesday, May 2, 2012

A Good Result from PANTECH

PANTECH GROUP HOLDINGS BERHAD (PANTECH)
- Fourth quarter ended 29/02/2012
- Announcement date 30/04/2012


Tuesday, May 1, 2012

City in front

Man City are back to the top of Premier League table after beating Man Utd 1:0 last night. The only goal of the match was contributed by Kompany right before half time.

The expectation on the match was high but it was a disappointing match. Both goalkeepers hardly being tested. Man Utd did not played to their usual attacking football and the ball was mostly held by Man City.

Man City deserved to win this match. With two matches remaining for both teams, meaning this season winner will be decided at the very last match.

The final two matches are favor to Man Utd. There are playing Swansea at home then followed by Sunderland away. Both opponents are mid-table team and are saved from relegation. There are nothing to play for except to finish their scheduled matches.

For Man City, there have to fight hard to win the remaining two matches. Their opponents are fighting for European Champion League place and also relegation survivor team.

Man City will be away against Newcastle and at home to QPR.

With two tough matches ahead. It will not be surprised to see Man Utd win the championship for their 20 league title.

Friday, April 27, 2012

Why KLCI Down Today

KLCI down 12 points to 1566 at around 4.30pm and was traded with thin volume.

Several reason behind the double digits fall. One of them could be the Bersih 3.0 to be held tomorrow.

The Euro financial crisis surfaced again. Even though Dow Jone up almost 1% or 113 points last night. It does not help world market from falling down.

May be the investors took this 'excuse' to sell-off or exit market ahead of May.

"Sell in May and Go Away"

The staging of Bersih 3.0 tomorrow and also the public holiday on next Tuesday are major influence to KLCI turning red today.

Hopefully Bersih 3.0 will be held in peaceful manner and with minimal trouble or no trouble at all.

Tuesday, April 24, 2012

KLSE is not looking for next few days.

It seem like markets are heading no way or going south soon, as more and more negative news appeared one after another.

Again all the bad news mainly come from Western part, like political issues in France and Holland, financial issues for PIIGS.

Couple with some bad earning from big firms in US.

Over local front, KLCI is still hanging around 1580-1610 level. KLSE will be saved as long as the election date is not announced yet.

For next few days, KLSE will see some pull-back or sell-off as Bersih 3.0 will be taking place over this weekend and also next Tuesday is a national holiday for Labor Day celebration.

Monday, April 16, 2012

Market is slowing down.....

Today is the first day of looking at KLCI after one week of holidaying in Taiwan but it was a disappointing sight, in red and losing 1600 level.

The market is slowly pulling back after months of heavily traded. At this moment the KLCI is down from 1600 level, i think it will stay at 1500 level for awhile. Unless there are any surprise news to push the market momemtum to higher level.

With western markets having bad news one after another, chances for KLCI to hit higher level in short term is not easy.

Hopefully our election theme is still hot.......

Monday, April 2, 2012

AFG share price surged

Alliance Financial Group Bhd (AFG) share price surged pass its year high to RM4.04 this morning and became one of the top ten gainer in KLSE.

The stock price surged was due to the news that Singapore's DBS Bank Ltd had obtained the Malaysian central bank approval to start talks to buy the stake hold by Temasek.

AFG is the seventh-biggest lender by market value in Malaysia.

Thursday, March 29, 2012

Supercomnet share price plunged !

Supercomnet Technologies Bhd (SCOMNET) share price plunged for last two days after news on PM's son will not buy the company shares.

On Monday, the company said it had struck a deal with PM's son Mohd Nazifuddin Mohd Najib that he had the option to buy the company's 18% stake for about RM10 millions but he declines the option.

In an agreement with the company, PM's son has a 30-day option to buy 45 million ordinary Supercomnet shares at RM0.225 per share.

Since he has 30 days to decide on the option, whoever bought the shares recently are hoping he will reverse his decision made yesterday.

Otherwise it will not be long before the share price back to RM0.10.

Wednesday, March 28, 2012

Najib's son buys Supercomnet?

Another penny stock made a huge gain in KLSE. Supercomnet ( SCOMNET )!

The stock jumped from low of RM0.11 to highest of RM0.58 within two weeks on rumor on the boardroom changes.

Finally Supercomnet announced it has struck a deal with Prime Minister's son Mohd Nazifuddin Mohd Najib allowing him for an option to buy 18% of this ACE Market listed company for an amount of RM10 million.

Supercomnet, formerly known as Supercomal Technologies Bhd is a company that manufacturing wires and cables for the automotive and medical industries. It was listed on the then Mesdaq Market in April 1999.

Earlier the company was queried by Bursa Securities on their unusual market activity (UMA).

Before that, PM's son was involved in Harvest Court but resigned as director after about a month on the board.

Tuesday, March 27, 2012

Raymond Chan buys Metronic Global

Another penny stock actively traded at Bursa Malaysia last week. It was Metronic Global Bhd, last week saw the shares surged from RM0.10 to its high of RM0.315.

As usual the company was issued with unusual market activity (UMA) query by
SC.

The sharp raises and active trading of the share was related to the involvement
of Datuk Raymond Chan Boon Siew. He bought 5% of the Metronic Global shares.

Datuk Raymond Chan, this name sound familiar isn't it ! If you followed KLSE for last few months, surely you know who he is.

Previously, two other penny stock companies which involved him are Harvest Court Industries Bhd and Naim Indah Corp Bhd (NICORP).

He bought into Harvest last year and NICORP early this year.

Harvest price was surged from RM0.08 to RM2.13.

NICORP jumped from RM0.075 to RM0.75.

Will he buy another company? Why not TRINITY, only RM0.07 now !!!

Wednesday, March 14, 2012

Another good news from NICORP

NICORP has been invited to participate to purchase a liquefied petroleum gas (LPG) business from Shell Malaysia.

The offer is from a Oman based company called National Gas Company(NGC) which won the bid to buy Shell Malaysia Trading Sdn Bhd (SMTSB) its LPG business for around RM275 million recently.

NGC is partnering with Aspire Sdn Bhd to set up a 40-60 special purpose vehicle to undertake the disposal.

Aspire is owned by Wan Zainalam Wan Yusoff and Wan Zulkifle Wan Yusoff on a 60-40 basis.

But the detail of purchasing by Nicorp has not been stated and will make the necessary announcement.

If the purchase is successful then there will add another core business to the current property investment, property development and round logs timber extraction.

Thursday, March 8, 2012

MMC Earning Double

MMC CORPORATION BERHAD
- Fourth quarter ended 31/12/2011
- Announcement date 29/02/2012


Wednesday, March 7, 2012

KSL revenue increased almost double

KSL HOLDINGS BERHAD
- Fourth quarter ended 31/12/2011
- Announcement date 01/03/2012


Tuesday, February 28, 2012

CIMB, 4Q Net Profit Hit Billion

CIMB GROUP HOLDINGS BERHAD ( CIMB )
- Fourth quarter ended 31/12/2011
- Announcement date 27/02/2012


Monday, February 27, 2012

Earning Up More Than Double For MPHB

MULTI-PURPOSE HOLDINGS BERHAD ( MPHB )
- Fourth quarter ended 31/12/2011
- Announcement date 24/02/2012


Friday, February 24, 2012

Vincent Tan is stepping down from BERJAYA GROUP

Tan Sri Vincent Tan Chee Yioun, a Batu Pahat boy has decided to step down from active corporate role in Berjaya Corp, the flagship of the Berjaya Group of Companies.

The Malaysian 12 richest man worth of RM2.54 billion will relinquish his position as Chairman of BJCORP to his eldest son, Datuk Robin Tan Yeong Ching.

Currently Robin Tan will concurrently hold the position of Chairman and CEO of BJCORP until the Board identifies a suitable candidate for the Chairman's post.

The announcement coincided with his 60 years old birthday. The Berjaya Group was founded by him in 1984, which was 38 years ago.

He will remains committed as the company’s controlling shareholder and wants to focus on promoting more charitable and social programs.

His great contribution to Malaysian corporate world was greatly felt for the past 30 years. It was a great lost to Malaysian for his departure from corporate scene.

Thursday, February 23, 2012

PJDEV's revenue up but earning down for Q2

PJ DEVELOPMENT HOLDINGS BERHAD  ( PJDEV )
- Second quarter ended 31/12/2011
- Announcement date 23/02/2012



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