Agree that the dividend share reinvestment plan is a stupid idea. It just reflects poorly on the management. U cannot allow for the reinvestment plan if your share price is below Rm1.00. Most institutional funds will sell the mother at. 0.63 n above n opt for the dividend reinvestment at. 0.56, hence causing the price to spiral downwards.

IB put a share margin cap on glove counters for good reasons. Besides super high PE, it's also super risky. If one of their workers is tested positive for Covid19, that counter will drop super heavy.

Glove manufacturers employ lots of migrant workers. Hope all their migrant workers r screened for covid19 n none tested positive

MITI approved investors n pink form holders r selling. Think syndicates will stay on sideline for the time being.

U can see the DBT via ur own desktop or laptop. Ur dealer or remisier shd be able to guide u. PDT transactions r confidential. DBT could either be a crossing or married deal. 124.733 millions crossed at average price of 0.1708 . Why? Could it be big investors cashing out big time, so they go off market to cross so as not to disturb the primary market ? Or they crossed to some parties so that the parties have the liquidity to play the counter? Only time can tell.

Istone. Direct business transaction 124.733 millions done at average price of 0.1708. Be careful even though counter closed at. 245. Lots of stockists got burned. Luckily for the Proprietary Day Traders (PDT), they r not allowed to trade in ACE counters. Only the syndicates win. Heard that the PDTs got hit badly trading in UCW. However syndicates won big. Not sure how much price will dive at maturity of their financing period.

Direct Business Transaction or DBT. U can see them in your trading e trading platform page. Not sure, ask ur dealer to guide u.

Direct business transaction 124.733 millions done at average price of 0.1708. Be careful even though counter closed at. 245. Lots of stockists got burned. Luckily for the Proprietary Day Traders (PDT), they r not allowed to trade in ACE counters. Only the syndicates win. Heard that the PDTs got hit badly trading in UCW. However syndicates won big. Not sure how much price will dive at maturity of their financing
period.

There r more than 20 syndicates pushing up or pulling down the IPO shares. Hv to be careful. They spread all kinds of news to make fast money using share margins. discretionary financing, bank borrowings, etc to trade. These r short term financing. Once loans mature n they call in d loans, price will drop. Good example is MI, Keyasic, etc. As they push up, they can also push down to collect cheaply, like LHI whose forecast is expected to show good 3rd qtr results , their Vietnamese n Philippines chicken n feedmills operations r running at full capacity, etc. In Malaysia n Spore, they r increasing capacity, esp their rte, rtc, etc, n supply to KFC, etc. Most investment banks value LHI around 1.40

There r more than 20 syndicates pushing up or pulling down the IPO shares. Hv to be careful. They spread all kinds of news to make fast money using share margins. discretionary financing, bank borrowings, etc to trade. These r short term financing. Once loans mature n they call in d loans, price will drop. Good example is MI, Keyasic, etc. As they push up, they can also push down to collect cheaply, like LHI whose forecast is expected to show good 3rd results , their Vietnamese n Philippines chicken n feedmills operations r running at full capacity, etc. In Malaysia n Spore, they r increasing capacity, esp their rte, etc, n supply to KFC, etc.

Apart from enhancing production capacity as well as efficiency, UWC intends to automate some of the repetitive and laborious tasks in its production processes and implement an automated material handling system, besides expanding its service offerings to plating surface treatment services post-IPO. We derive a fair value of RM0.96 based on a c.13x PE multiple to its FY2020F EPS of 7.4 sen. The IPO is expected to raise approximately RM57.4m from the issuance of 70.0m new shares. Besides utilising 56.0% of the proceeds for the purchase of new CNC machines as well as industrial robotic arms and material handling system, 5.0% of the proceeds are allocated for working capital that are earmarked for long term future growth.

Most Investment banks value UWC at 1.10 to 1.15.Hope tmr force selling will not cause d price to overshoot on d downside.

47 millions approved Bumi investors at. 82 and discount. Rent seekers, worst than previous BN govt. Don't feed them!

TP 1.70 . Dream on. When MITi approved bumi investors with 47 million shares sell, where some of them get special discount, the price will drop to its fair value of 1.13

Brokers like Rakuten only value it at 1.13. When MITi bumi investors sell, price will come down heavy.

Lots of brokers like Rakuten only value it at 1.13. When MITi bumi investors sell, price and come down heavy.

Analysts forecast qtr 30/06/19 results to be better with good news from their Spore n Vietnamese operations.

Hong Kong Bank new target price for LHI is Rm1.43 , not. Rm.80

PROPOSED UTILISATION OF PROCEEDS
The Proposed Disposal is expected to raise gross cash proceeds of RM413,574,302.49 million,
which are expected to be utilised as follows:

(1)Repayment of bank borrowings of PPM (1) Rm126,700
(2)Payment to all creditors of PPM, SKMP
and TRT Rm109,500
(3)Funding the existing oil palm plantation
business in Indonesia Rm70,000
(4)Dividend to minority shareholders in
PPM Rm2,400
(5)Working capital Rm74,974
(6)Estimated expenses Rm30,000
Total 413,574
Notes:
After paying to bank, creditors, suppliers commissions to agents, etc., nothing left for dividend.

Dynacia has lots of jobs in Rapid Malaysia where our Finance Minister commented recently. Share price should see upturn soon

QR out on 25 April? Qtr profit not good ?

All construction counters are up, except Dynacia. Why?

Bursa rules say 60 days after qtr closing. Tis means that they hv to submit by 31/3/19 as Gadang closed their gtr on 31/1/19

Why result of gtr ending 31/1/19 delayed? Problems?

Heard that Dnex has to pay d Rm17 7mill fine imposed by MYcc.

In June , Yap n family bought 30 mill warrants vide Kenanga at .50. The last few days he sold only about 6 mill shares at .40 n below , vide Affin Huang, Alliance. No internal problems. Only trying to rebalance his holding. Layhong is not on the IDSS(intra day short selling) list.

Result coming out. Heard it's good

Think be4 u buy. Govt only compensate 70k per annum n Mrcb has to spend 90k annually for EDL maintenance n interest cost n other costs , for the next 30 years . That's why no IB has come out with any research paper on MRCB.

Why Lctitan board not commenting on plant shut down by DOE?

RFP has closed. 6 Chinese n 2 Japanese tendered. No CREC. This means no IWCITY

If Tenaga reduces power rate
Will create tsunami multiplier effect
Every one will gain
Companies profit up, budget cost down and
Share market will shoot up and up!!!

With these 3 lawsuits, the sale of factory to Latitude may be in jeopardy. If no problem , it takes only Rm 36 million to take over company with NTA of Rm1.40 and low PE.

How would the 3 legal suits impact the company ?
Amount claimed is quite high - total close to 30 million ?

Some thing not right . Making good profit year after year, but no pay dividend. Just look at their high short term borrowings of Rm75 plus millions . They should declare bonus shares out of their retained profit to revive shareholder interest .

High nta of Rm1.40 and high retained profit of Rm54.338 mil mean potential bonus shares reward for shareholders. The new team should think of creating value for shareholders.

Sorry, the Perai Tengah factory/land sale is for 24.5 mil cash term and not 25.4 mil. It's their excess baggage.

Don't forget that Iretex has signed contract to sell factory/land to Triton Prestige S/B for 25.4 mil in March 2014. The S & P has however been extended for another 2 months .

Also the latest fund raiding vide the La has contributed an additional R35 mil in Iretex coffers.

Check the 1Qtr 2014 Accounts. Iretex has deposits and bank balances of R36 mil and short term debts of R24 mil. With the potential contribution of the LED lighting, this counter has great potential ! It's property and land investment also gives added value.

2nd bridge to open in late Feb 2014, there shd be a rerating by some funds and research houses .