business stability is there, can we see more growth?

https://www.klsescreener.com/v2/news/view/985975/%E8%B0%A2%E6%89%B6%E4%BD%91-%E5%85%81%E6%8F%90%E5%85%AC%E7%A7%AF%E9%87%91%E5%88%BA%E6%BF%80%E4%B9%B0%E6%B0%94-%E9%BB%84%E9%87%91%E9%94%80%E5%94%AE%E9%A2%9D%E5%A2%9E70 开斋佳节掀起购买黄金热潮，本地黄金包括金块、金条、金饰等销售额比平日增加约70%！

value investment does not come overnight, most important is enter at a good price

https://www.klsescreener.com/v2/news/view/967959/shell-inks-three-pscs-with-petronas-to-explore-o-g-offshore-sabah-sarawak Sabah Shell Petroleum Company Ltd (SSPC), Shell Sabah Selatan Sdn Bhd (SSS) and Sarawak Shell Bhd (SSB) have signed three production sharing contracts (PSCs) with Petroliam Nasional Bhd (Petronas) to explore oil and gas offshore Sabah and Sarawak.

yes noticed the NTA as well, current price is way below that. not talking abt any future growth, the current price is below its current value. good to hold

https://www.theedgemarkets.com/article/cement-price-hike-due-raw-material-price-increases-says-cima The current hike in cement prices is due to price increases of raw materials used in the manufacturing process, especially coal, in the international market, said Cement Industries of Malaysia Berhad MD Sharuddin Omar Hashim. He said raw materials are experiencing price hikes, including coal which now comprises 30% to 40% of the cost of cement production, thus leaving manufacturing companies no option but to raise prices. (Edge Markets)

surely it will be better next qtr when seeing mexico production kicks in

thanks for sharing

nice

https://www.sinchew.com.my/20210916/%e5%a4%a7%e9%a9%ac%e5%a4%8d%e5%b7%a5-%e5%a2%a8%e5%9b%bd%e4%ba%ae%e4%b8%bd-%e8%89%be%e6%af%94%e5%85%a8%e7%90%83%e6%9c%ab%e5%ad%a3%e6%96%99%e6%9b%b4%e5%bc%ba%e5%8a%b2/ 大马复工-墨国亮丽-艾比全球末季料更强劲/

Rights issue of ICPS
- 1 ICPS for 2 shares
- Issue price : RM0.03/ICPS
- Ex-date : 22 Sep
- Last lodgement : 23 Sep
- Trading : 24 Sep – 1 Oct
- Last application & payment date : 8 Oct
- Listing : 25 Oct

Conversion price : RM0.12 (16.8% discount)

Conversion mode :
1. Cashless conversion : 4 ICPS for 1 share
2. Cash conversion : 1 ICPS + RM0.09 for 1 share

5day vwap at 0.1443, anyone?

how i miss we can go out eat mamak drink teh tarik again..

Outlook


Demands for dairies products remained strong, and raw material prices specifically milk has stabilised albeit at a relatively high level. AGB is in negotiation for higher product selling price to readjust the ASP to recent increase in cost. Having that said, port congestion and elevated freight charges may present some headwinds in terms of export deliveries and profitability of F&B segment.


The Mexico plant, which was commercialised in a small scale starting mid-2021 for domestic sales, is now Safe Quality Food (SQF) certified. SQF is often a standard required to supply to big supermarket chains such as Walmart.


The Tin Manufacturing segment is expected to remain competitive amid a high metal price environment. Continuing efforts are made by AGB to negotiate for higher product selling prices and to optimise operations for better cost efficiencies

https://taresearch.taonline.com.my/rrs/files/2021/8/ABLEGLOB_RU_20210826.pdf

ipmuda 2.0

would ipmuda be another cypark or kpower in the making?

hahahaha cute

Posted by hello > Aug 27, 2021 11:19 AM | Report Abuse

Yes! YB KHAIRY the minister of health! No more spanish fly, It's someone in place to work with all parties, we all have hope to counter covid19 now. Hoot ahhhhhhh.......

im not expecting something excellent as we all know not likely but stable is what we need now for them to focus on combating covid n bring back economic growth

should be stabilising, isnt it good thing?

higher n higher

since politics also subside, we are stabilising gambateh scib

there are still takers see.. hopefully turn out good

pls go up more !!!

certified already should be can sell straightaway?

ah alright.. politics stabilising, not expecting any major changes from government/cabinent. finally can settle down n look at our country n economic development. hopefully more project flows for minetec go bid aggressively ya!

past 4 quarters improving, any idea on when will be the upcoming results?

hopefully sky will clear with the review outcome

The rating downgrade of Serba Dinamik Holdings Bhd by S&P Global Ratings is "very much expected" given the current circumstances and has probably been priced into the company's stock value.

Above all else, founder and managing director of the global integrated oil and gas (O&G) outfit Datuk Dr Mohd Abdul Karim Abdullah opined that the downgrade was temporary.

"Serba Dinamik is positive to ensure that both our audit and SIR (special independent review) will be completed on time," Abdul Karim told the New Straits Times.

just found out they also got data center construction project & earnings kick in end 2020, hopefully more to come this kind of project

https://www.klsescreener.com/v2/news/view/869761/cover-story-state-of-the-nation-ways-to-expand-fiscal-space-besides-lifting-the-statutory-debt-ceiling

RM15 bil from KWAP equals 1% of GDP

More fiscal room could be created, for instance, by tapping Kumpulan Wang Persaraan (Diperbadankan) (KWAP) — which reportedly has RM150 billion in assets under management — to help pay a bigger part of the government’s public pension obligations for this year and next.

Unlike the RM1 trillion at the Employees Provident Fund (EPF), which is members’ savings, the RM150 billion with KWAP belongs to the federal government, which is obliged by law to pay pensions to eligible civil servants who do not need to save money with KWAP for their retirement.

A RM15 billion withdrawal, or 10% of KWAP’s assets under management, can either help reduce the fiscal deficit by 1% of GDP or free up another RM15 billion for stimulus packages.

The additional fiscal space, when deftly used, can make a huge difference to speed up the country’s recovery. After all, the ability to spend played a huge part in the richcountries’ ability to secure vaccines and vaccinate their people to allow for a faster reopening and recovery of their economies.

The IMF, which highlighted the lower prospects of emerging markets in its latest World Economic Outlook report released on July 27, said the 0.5 percentage points upward revision of its 2022 GDP forecast for advanced economies, particularly the US, reflects the anticipated legislation of additional fiscal support in the second half of 2021 and improved health metrics.

The IMF kept its 2022 GDP projection for Malaysia at 6% while the World Bank currently projects 5%. It remains to be seen if Bank Negara Malaysia will introduce a 2022 GDP forecast when revising the official forecast for 2021 on Aug 13, but that is not its usual practice.

What’s certain is that Malaysia’s Budget 2022 — currently planned for Oct 29 — is expected to be expansionary given that recovery is still not yet certain even as the country ramps up its national vaccination drive. Between Jan 18 and June 28, the government embarked on four Covid-19-related economic stimulus and recovery plans totalling RM225 billion, involving RM26.8 billion in direct fiscal injection or about 1.8% to 1.9% of GDP. That’s on top of the RM55 billion in direct fiscal injection last year over five stimulus packages totalling RM305 billion (3.9% of GDP).

As it is, Malaysia’s fiscal deficit — basically how much the government needs to borrow because total expenses exceed revenue — is expected to rise to nearly 7% of GDP from the current guidance of 6% of GDP this year. This is largely owing to the impact of fresh movement restrictions from June 1 to curb Covid-19 that cost the economy RM1.1 billion a day in Phase 1 or RM33 billion (about 2.2% of GDP) a month. The impact is estimated at RM550 million per day in Phase 2 and RM160 million per day in Phase 3, according to estimates in the National Recovery Plan.

Tapping KWAP is not a new idea. At least RM14.5 billion has been “withdrawn” from the fund since 2018 when the government tapped it for the first time to bolster federal coffers as it shouldered more than RM1 trillion in debt and liabilities.

The first “withdrawal”, so to speak, was RM4.5 billion in 2018 to help pay for the civil servants’ pension and gratuities bill of RM25.18 billion that year. It is not immediately certain if KWAP was also tapped in 2019 but the fund gave the federal government RM5 billion in 2020 and another RM5 billion in 2021 to help pay for civil service pension obligations of RM27.1 billion last year and RM27.6 billion estimated for this year, official records show.

KWAP’s 2019 and 2020 annual reports have not been released at the time of writing. Its 2018 annual report showed its asset size to be RM136.51 billion — significantly above the RM42 billion it had at inception in 2007.

KWAP was created to eventually take over the federal government’s burgeoning public pension obligation without any government injection — a distant hope, mathematically, if its fund size does not grow a lot faster relative to the increase in the public pension burden, which has been growing at an average of 7.4% a year over the past decade.

In April, the government withdrew RM5 billion from the National Trust Fund (KWAN) to pay for Covid-19 vaccines and vaccine-related expenses. While that move drew criticism, there were also people who reckoned that the government should have done a lot more — be it borrow or tap its own resources — to expand the social safety net so that there would have been no need for the unprecedented move of allowing private sector wage earners to use their retirement savings in their EPF Account 1, which was previously off-limits until one reaches age 55.

The RM5 billion that the government withdrew from KWAN was from the RM9.1 billion generated from investments over the years and not the RM10.4 billion capital contribute

a name change in company with fundamentals, believe more good things will come

erm what happen..

no matter how is good progress, we are 1 step closer let's wait for audit results

Technicals:
Technical Buy
1) SERNKOU (7180)
Resistance/阻力: RM0.570, RM0.620
Support/支撑: RM0.505, RM0.470
Last closing price/市价: RM0.515

from public bank

but sern kou got technical call today if u wanna see

early this year most furniture companies got order till year end, now keep mco think orders should be delay till next year

interesting chart.. not in tandem with other furniture companies

thanks for sharing

Yong Meng https://menginvestlife.blogspot.com/2021/07/049.html 049 海运行业状况
16/07/2021 7:36 PM

Technicals:
Technical Buy
1) SERNKOU (7180)
Resistance/阻力: RM0.570, RM0.620
Support/支撑: RM0.505, RM0.470
Last closing price/市价: RM0.515

from public bank

is it normal for auditor not to give access? normally is take over and continue from there or restart ya?

“Initially, EY declined because KPMG refused to give them access to their audit findings, but we managed to get Bursa’s assistance to resolve the matter,” he said.

https://www.freemalaysiatoday.com/category/highlight/2021/08/04/after-auditing-blip-serba-dinamik-boss-says-focused-on-the-future/

hmmmm

orderbook is healthy, need to execute and recognise income

the politics really /,\

aug or sep should be release ey report right?

Ini bermakna PRN Sarawak Ke-12 perlu diadakan sebelum 18 September depan.
https://www.bharian.com.my/berita/nasional/2021/07/843654/dun-sarawak-sudah-terbubar

about 3b projects they got from past announcements, some projects due this year likely drag until next year

PM: Govt revises target, expects 100% of Malaysian adults to be fully vaccinated by October instead of 1Q22
https://www.theedgemarkets.com/article/pm-govt-revises-target-expects-100-malaysian-adults-be-fully-vaccinated-october-instead-1q

Hopefully~~~

hmm this world.. there is a way to make money by leveraging on money. some steady will use internal cash. some agreessive will borrow. think most important still deliver results, money goes to project, not to boss pocket

anything interesting from parliament today?

jkr road maintenance project still can one. think they have some prima projects also